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Month: June 2021

Sprout Social Announces First-of-its-Kind Social Commerce Solution

New, expanded integrations with Shopify and Facebook Shops enable brands to seamlessly manage their social commerce strategy within Sprout’s unified platform. CHICAGO, June 28, 2021 (GLOBE NEWSWIRE) — Today, Sprout Social, an industry-leading provider of cloud-based social media management software, announced new integrations with two social commerce leaders, Shopify and Facebook Shops. Sprout’s platform now enables businesses across the globe to extend their digital storefront and capture part of the $26 billion social commerce market. As consumers increasingly turn to social media to both discover and purchase from their favorite brands, social commerce has become an integral part of a business’ revenue strategy. In fact, 86% of executives say social commerce is a growing part of their marketing-driven revenue plans. That number...

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TOP Ships Inc. to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on June 29th, 2021

ATHENS, Greece, June 28, 2021 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that the Company’s CFO Alexandros Tsirikos has been invited to present at Future of Shipping Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Tuesday June 29th, 2021. The Company will participate in a panel discussion led by Tate Sullivan, Maxim Group’s Senior Research Analyst covering Industrials, along with other shipping industry professionals. On June 29th, 2021, Maxim Group and M-Vest will host a “Future of Shipping” Virtual Conference. This conference will feature roundtable/panel discussions with company executives in the Dry Bulk, Tanker, Container and Gas sectors of the shipping industry. As the world transitions...

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Quisitive Announces Election of Laurie Goldberg to Board of Directors

TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — Quisitive Technology Solutions, Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft Cloud Services and Payments Solutions Provider, is pleased to announce that Laurie Goldberg has been elected to its Board of Directors, effective June 28, 2021.    Goldberg joins Quisitive with nearly two decades as a public company executive. He is currently the Chairman and CEO of People Corporation, which is a leading independent Canadian provider of group benefits, group retirement and human resource solutions. As the founder of People Corporation 14 years ago, Goldberg transformed the company from a regional firm to a renowned national organization that is the fastest growing firm in the group benefits, group retirement and HR industry in Canada. People Corporation was...

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Brookfield Business Partners L.P. 2021 Second Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, August 6, 2021Time: 11:00 a.m. (Eastern Time) BROOKFIELD NEWS, June 28, 2021 (GLOBE NEWSWIRE) — You are invited to participate in Brookfield Business Partners’ 2021 Second Quarter Conference Call & Webcast on Friday, August 6, 2021 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, August 6, 2021 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. To participate in the Conference Call please dial +1 (866) 688-9431 toll-free in the U.S. and Canada or for overseas calls please dial +1 (409) 216-0818 (Conference ID 4867584) at approximately 10:50 a.m. (Eastern Time). Live audio of the Conference Call will be available via webcast on our website...

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Catalyst Pharmaceuticals Comments on Recent Decision by Health Canada to Re-issue an NOC for Ruzurgi®

CORAL GABLES, Fla., June 28, 2021 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (“Catalyst”) (Nasdaq: CPRX), a commercial-stage, patient-centric biopharmaceutical company focused on in-licensing, developing and commercializing novel high-quality medicines for patients living with rare diseases, today commented on the recent decision by Health Canada to re-issue a Notice of Compliance (“NOC”) for Ruzurgi® (amifampridine tablets), once again allowing the product to be marketed in Canada for patients with Lambert-Eaton Myasthenic Syndrome (LEMS). Health Canada’s original NOC for Ruzurgi® for marketing in Canada was quashed in a recent decision of the Federal Court of Canada, which sent the matter back to Health Canada to re-determine its decision to grant marketing authority to Ruzurgi® despite Firdapse’s®...

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SAFEGUARD SCIENTIFICS UPDATE – BRIGHT HEALTH GROUP

RADNOR, Pa., June 28, 2021 (GLOBE NEWSWIRE) —  Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced an update to the fair value of its ownership interest in Bright Health Group (“Bright Health”), a leading national high-growth integrated healthcare platform.   On June 23, 2021, Bright Health completed an initial public offering (“IPO”), which included the conversion of its preferred stock into shares of common stock in conjunction with a stock split.   With the completion of the IPO, Safeguard’s stake in Bright Health consists of approximately 1.3 million shares of common stock, subject to the final determination by Bright Health’s transfer agent. Based on the IPO closing price of $18.00 per share, Safeguard’s position in Bright Health is valued at approximately $23.4 million, as compared to $15.3...

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FRO – Acquisition of Two VLCCs

Frontline Ltd. (NYSE and OSE: FRO) (“Frontline” or the “Company”) today announces that it has entered into an agreement to acquire two scrubber fitted, latest generation ECO-type VLCCs built in 2019 at Hyundai Heavy Industries (“HHI”) shipyard in South Korea for a total of $180.0 million. The vessels are scheduled to deliver during fourth quarter of 2021. Frontline intends to meet the financing of this acquisition with existing borrowing facilities and establish long term financing closer to delivery of the vessels. Lars H. Barstad, Interim CEO of Frontline Management AS said: “Frontline continues to execute on our strategy to position the Company towards what we believe will be a firm recovery as oil demand, and subsequently oil supply returns to pre pandemic levels. We have over the last periods seen the benefits of running a modern...

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FinTech Acquisition Corp. VI Announces Completion of $250,000,000 Initial Public Offering, Including Exercise of Over-Allotment Option

PHILADELPHIA, PA, June 28, 2021 (GLOBE NEWSWIRE) — FinTech Acquisition Corp. VI (NASDAQ:FTVIU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced the completion of its initial public offering of 25,000,000 units at a price of $10.00 per unit, which includes 3,000,000 units issued pursuant to the exercise of the underwriters’ over-allotment option, for gross proceeds to the Company of $250,000,000. The Company’s units began trading on the Nasdaq Capital Market under the symbol “FTVIU” on June 24, 2021. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-fourth of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share....

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VAALCO Announces Issuance of 2020 Environmental, Social and Governance Report

HOUSTON, June 28, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has issued its 2020 Environmental, Social and Governance (“ESG”) report, which is now available on VAALCO’s web site, www.vaalco.com, under the “Sustainability” tab. This report provides detailed information about VAALCO’s ESG initiatives and related key performance indicators for the three-year period 2018 through 2020. In the creation of this document, the Company consulted the Sustainability Accounting Standards Board’s (“SASB”) Oil and Gas Exploration and Production Sustainability Accounting Standard, the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”), the Sustainable Development Goals (“SDG’s”) promulgated by the United Nations and other reporting guidance...

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Kymera Therapeutics Announces Proposed Public Offering of Common Stock

WATERTOWN, Mass., June 28, 2021 (GLOBE NEWSWIRE) — Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing targeted protein degradation to deliver novel small molecule protein degrader medicines, today announced that it has commenced an underwritten public offering of 4,000,000 shares of its common stock. All of the shares are being offered by Kymera. In addition, Kymera intends to grant the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock. Morgan Stanley, J.P. Morgan, Cowen, and Guggenheim Securities are acting as joint book-running managers for the proposed offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. A...

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