Month: June 2021

Denver, CO, June 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Northern Lights Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Thursday, June 24, 2021, under the ticker symbol “NLITU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “NLIT”...

Senior Finance Executive & CPA, NYSE & Nasdaq Company Veteran to Lead Capital Markets and Finance Strategy Boulder, Colorado, June 23, 2021 (GLOBE NEWSWIRE) — Surna Inc. (the “Company”) (OTCQB: SRNA), operating as Surna Cultivation Technologies, a leader in controlled environment agriculture (CEA) systems engineering and technologies, announced today the appointment of R. Brian Knaley as Chief Financial Officer and Treasurer of the Company, effective June 28, 2021. Mr. Knaley is a seasoned financial executive with over 25 years of financial leadership including being a two-time public company CFO. “Our Board of Directors and I are thrilled that Brian is joining our executive team to help lead our strategic growth initiatives. Brian brings a strong track record of driving results,” said Tony McDonald, Surna’s Chairman...

SYRACUSE, N.Y., June 23, 2021 (GLOBE NEWSWIRE) — Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols Restaurant Group”) announced today that it has priced a private offering of $300 million of 5.875% Senior Notes due 2029 (the “Notes”). The Notes will be issued at par. The offering is expected to close on June 28, 2021, subject to customary closing conditions. Carrols Restaurant Group intends to use the net proceeds of the private offering of the Notes and $46 million of revolving credit borrowings under its senior credit facility (i) to repay $74.0 million of outstanding term loan B-1 borrowings and $244.0 million of outstanding term loan B borrowings under its senior credit facility, (ii) to pay fees and expenses related to the offering of the Notes and the amendment to its senior credit facility, and (iii) for...

BRANFORD, Conn., June 23, 2021 (GLOBE NEWSWIRE) — Sachem Capital Corp. (NYSE American: SACH) today announced that it has priced an underwritten public offering of 1,700,000 shares of its 7.75% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) at a public offering price of $25.00 per share, which will result in net proceeds to the Company of approximately $40.8 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Series A Preferred Stock has a private credit rating of ‘BBB’ from Egan-Jones Ratings Company, an independent unaffiliated rating agency. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 255,000 shares of Series A Preferred Stock on the same terms and conditions to cover...

MALVERN, Pa., June 23, 2021 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that the company will be added to the Russell 2000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well...

VANCOUVER, British Columbia, June 23, 2021 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it is launching a First Responder Mortgage Program (the “First Responder Program”) effective June 23, 2021 at Dominion Lending Centres. The First Responder Program is available to First Responders across Canada and provides both competitive rates and cashback incentives (subject to credit qualification). Gary Mauris, Executive Chairman and Chief Executive Officer of the Corporation, commented: “The DLC Group of Companies are incredibly grateful to all of the amazing First Responders across the country. We wanted to create a program specifically for you as a token of our appreciation and gratitude. We thank you for your ongoing service and sacrifice and hope that the burden...

MONTREAL, June 23, 2021 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSXV: GRA and OTCQX: NNXPF) announces that on June 23, 2021, it has entered into a multi-year supply and distribution agreement (the “Agreement”) with Gerdau Grafeno LTDA. (“Gerdau Graphene”), a wholly-owned subsidiary of Gerdau S.A. (“Gerdau”). Gerdau is Brazil’s largest steel producer and one of the leading producers of long steel in America, as well as special steel in the world. Gerdau Graphene was incorporated by Gerdau to develop and market products based on graphene applications on an industrial scale in the Americas region. An early advocate of this material, Gerdau started researching graphene four years ago, later establishing a partnership with the University of Manchester’s Graphene Engineering Innovation Centre, in...

TORONTO, June 23, 2021 (GLOBE NEWSWIRE) — Rogers Communications Inc. plans to release its second quarter 2021 financial results on Wednesday, July 21, 2021, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers’ management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. To access the teleconference, the live webcast will be available on the Investor Relations section of Rogers’ website at investors.rogers.com. Alternatively, the teleconference can be accessed by dialing 416-915-3239 (1-800-319-4610 toll free for North America) at least ten minutes prior to the scheduled start time and requesting access to Rogers’ second quarter 2021 results teleconference. An archive of the presentation...

Final Mosaic Purchase Price to Reflect $13 Million Discount to Repurchase Option Price CHICAGO, June 23, 2021 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG) (the “Company”), a global alternative asset management solutions provider, announced today that it successfully upsized its existing Term Loan by a principal amount of $110 million. The net proceeds will be used to repurchase certain fund investments and rights to future carry associated with Mosaic (collectively, the “Mosaic Assets”). GCM Grosvenor was able to secure a $13 million discount to the purchase price. The Company has provided notice to exercise the repurchase option for the Mosaic Assets at an estimated net purchase price of $163 million, inclusive of the $13 million negotiated discount (the “Transaction”). Based upon values as of March 31, 20211, GCM Grosvenor...

TORONTO, June 23, 2021 (GLOBE NEWSWIRE) — CCL Industries Inc. (TSX:CCL.A) (TSX:CCL.B) (“the Company”), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, today announced Ben Lilienthal as the new President of its Checkpoint unit headquartered in Thorofare, NJ. Mr. Lilienthal replaces John Dargan, who is retiring from the Company, and will transition to his new role over this summer as he relocates to the United States from Mexico. He retains his regional oversight role for all the Company’s business units in Mexico including the Innovia sales units in the United States, which handle exports from the large supply plant in Zacapu. Geoffrey T. Martin, President and Chief Executive Officer, commented, “Ben joined CCL in 2002, and over...