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Month: June 2021

ECMOHO Limited Announces First Quarter 2021 Unaudited Financial Results

SHANGHAI, China, June 04, 2021 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the health and wellness market in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Operational HighlightsThe cumulative number of partnered healthcare experts and KOLs grew from more than 1,000 as of March 31, 2020 to more than 1,400 as of March 31, 2021. The number of cumulative paying consumers1 was 11.2 million as of March 31, 2021 as compared to 8.6 million as of March 31, 2020. Repeat purchase rate2 reached 39.9% in the first quarter ended March 31, 2021 as compared to 38.0% in the first quarter ended March 31, 2020.   We launched five cross-board brand stores and one healthcare flagship store to operate...

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Sports Ventures Acquisition Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Bal Harbour, FL, June 03, 2021 (GLOBE NEWSWIRE) — Sports Ventures Acquisition Corp. (NASDAQ: AKIC) (the “Company”) today announced that it has received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on May 17, 2021, the Company was unable to file its Form 10-Q due to the then industry-wide uncertainty related to the technical...

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Sonoro Grants 100,000 Incentive Stock Options

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) — Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP), (“Sonoro” or the “Company”), has granted, under its Share Option Plan, incentive stock options to certain directors, officers and consultants of the Company to purchase an aggregate of 100,000 common shares exercisable for a period of up to two years from the date of grant at a price of $0.30 per share. This grant is subject to acceptance for filing by the TSX Venture Exchange. About Sonoro Gold Corp.Sonoro Gold Corp. is a publicly listed exploration and development company with a portfolio of exploration-stage precious metal properties in Sonora State, Mexico. The Company has highly experienced operational and management teams with proven track records for the discovery and development of natural resource deposits. On...

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Advanced Emissions Solutions Repays Outstanding Term Loan Balance

Elimination of term loan further bolsters financial position and strength GREENWOOD VILLAGE, Colo., June 03, 2021 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), the parent company of ADA-ES, Inc. and ADA Carbon Solutions, LLC (collectively, “ADA”), today announced that it has repaid its outstanding indebtedness related to its three-year term loan. The final principal payment of $6.0 million, together with accrued interest, was repaid in full, without penalty on June 1, 2021. On December 7, 2018, the Company and Apollo Credit Strategies Master Fund Ltd and Apollo A-N Credit Fund (Delaware) L.P. (collectively “Apollo”), executed the $70.0 million secured Term Loan and Security Agreement to fund the acquisition of ADA Carbon Solutions, LLC. “Since...

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II-VI Incorporated Introduces Optical Monitoring System for Optical Transport and Access Networks

PITTSBURGH, June 03, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a market leader in optical solutions for next-generation optical networks, today announced the introduction of an optical monitoring system (OMS) for optical transport and access networks. The growing trends of equipment disaggregation at the network core and fiber densification at the network edge are driving the demand for unified optical monitoring solutions that enable high quality of service end-to-end. II-VI’s OMS enables service providers to obtain real-time critical information about the health or disruption of optical transport and access networks, including the integrity of fiber cables, the quality of optical connectors, and the signal strength of optical channels. “The OMS is a modular, vertically integrated platform that leverages our industry-leading...

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Radiation-tolerant solid-state data recorder dramatically transforms on-orbit data processing and storage

Flexible, compact solution is highest-density commercial SSDR available for applications at the forefront of space technologyMercury Systems’ RH3480 Solid-State Data RecorderMercury’s RH3480 radiation-tolerant solid-state data recorder is ideal for radiation-intensive space and terrestrial applications, including low-earth orbit (LEO) satellites, high-altitude aircraft, missiles, launch vehicles and scientific missions.ANDOVER, Mass., June 03, 2021 (GLOBE NEWSWIRE) — Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today unveiled the new RH3480 radiation-tolerant solid-state data recorder (SSDR), the highest-density commercial SSDR available today. Designed in a compact, rugged and standards-based flexible form factor,...

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RPT Realty Selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance. The Green Lease Leader program recognizes landlords, tenants and partnering real estate practitioners from a variety of sectors that incorporate green leasing to drive high-performance and healthy buildings. RPT was awarded Gold recognition, the highest Green Lease Leader designation, for using green leases to protect occupant health, increase energy efficiency, modernize buildings and improve tenant-landlord relationships. “The Gold designation reflects our commitment to high performance and sustainability in buildings and best practice leasing,” said Brian Harper, President...

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DD3 Acquisition Corp. II Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Report

MEXICO CITY, June 03, 2021 (GLOBE NEWSWIRE) — DD3 Acquisition Corp. II (Nasdaq: DDMX) (the “Company”) today announced that it received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. Nasdaq informed the Company that, under Nasdaq’s listing rules, the Company has until July 26, 2021 to submit a plan to regain compliance with the Rule, provided that the Company will not be required to submit...

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America First Multifamily Investors, L.P. Announces Sale of Vantage at Powdersville

OMAHA, Neb., June 03, 2021 (GLOBE NEWSWIRE) — America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that on May 27, 2021, Vantage at Powdersville, a 288-unit market rate multifamily property located in Powdersville, SC, was sold at the direction of the managing member of Vantage at Powdersville, LLC (the “Property Owner”). The Partnership’s investment in the property was originated in November 2017 and the Partnership previously contributed equity totaling approximately $10.7 million. As a result of the sale, the Partnership’s equity investment in the Property Owner was redeemed. At closing of the sale, the Partnership received net cash of approximately $19.4 million and will:Recognize investment income of approximately $2.4 million, Recognize a gain on sale of approximately $4.8 million,...

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Rocktown Adventures Purchases Rock Cut State Park Concession and Rentals

Rocktown Adventures is now operating and managing Rock Cut’s Outdoor Store and Rentals, Lone Rock Café, Camp Store, and Olson Lake Beach Rockford, IL, June 03, 2021 (GLOBE NEWSWIRE) — Rocktown Adventures has purchased Rock Cut State Park Concession and is the new owner and operator. Through this acquisition, Rocktown Adventures is now managing Rock Cut State Park’s Outdoor Store and Rentals, Lone Rock Café, Camp Store, and Olson Lake Beach. Per the transfer of operations to Rocktown Adventures, the Outdoor Store and Camp Store opened for the 2021 summer season on May 21. Olson Beach opened on May 30, and the Lone Rock Café opened on June 2. Rocktown Adventures, an independently and locally owned specialty outdoor retailer and outfitter, has offered a retail location in downtown Rockford (313 N. Madison Street) since 2014. Providing...

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