Month: June 2021

CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the “Purchased Shares”), which would represent approximately 45% of the aggregate issued and outstanding common shares of Bellatrix upon implementation of the Transaction. The Transaction was approved today by the Court of Queen’s Bench of Alberta (the “Court”) pursuant to an Approval and Vesting Order (the “Court Order”) in the Company’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”), and remains subject to certain remaining conditions. In connection with the Transaction, Bellatrix has entered...

SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) — In a release issued earlier today by Beam Global (Nasdaq: BEEM, BEEMW), please note the announcement has been revised to reflect that the company will be added to the Russell 2000® Index rather than the FTSE Russell Microcap Index, as originally issued. Complete corrected text follows:  Beam Global to be Added to the Russell 2000® Index Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced it will be added to the Russell 2000® Index which will be reconstituted and effective after the U.S. market opens on June 28, 2021. “Being added to the Russell 2000 Index is validation of the work we have diligently engaged in since our Nasdaq listing just over two years ago,” said...

RANCHO CORDOVA, Calif., June 22, 2021 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), and its subsidiary, Five Star Bank (the “Bank”) announce the appointment of Leigh White to the Board of Directors effective June 17, 2021. Ms. White has over 30 years of experience in key positions in television broadcast management throughout the United States. Her most recent role was that of Vice President and General Manager of KTXL-TV in Sacramento, California (FOX, Tribune Broadcasting). In this capacity, she managed all aspects of the station including revenue development, content production (both linear and digital), FCC requirements, engineering, programming, finance and marketing. While overseeing the creation of nine and a half hours of local news daily, her accomplishments were also the improvement...

– First selective MET inhibitor approval in China in this setting – – First regulatory approval for the oral, potent and selective MET tyrosine kinase inhibitor – HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., June 22, 2021 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM) today announces that AstraZeneca PLC (“AstraZeneca”) and HUTCHMED’s savolitinib has been granted conditional approval in China for the treatment of patients with non-small cell lung cancer (“NSCLC”) with MET exon 14 skipping alterations who have progressed following prior systemic therapy or are unable to receive chemotherapy. This approval follows a priority review designation by China’s National Medical Products Administration (“NMPA”) and marks the first regulatory approval globally for this oral, potent and selective MET tyrosine...

ISLANDIA, N.Y., June 22, 2021 (GLOBE NEWSWIRE) — Intrado Corporation (the “Company” or “Intrado”), a global leader in technology-enabled services, today announced that it has commenced an offer to purchase for cash (the “Asset Sale Offer”) up to $100.0 million (the “Offer Amount”) of the Company’s outstanding 8.50% Senior Notes due 2025 (the “Notes”), at a price equal to 100% of the aggregate principal amount of such Notes, plus accrued and unpaid interest to, but excluding, the settlement date. The Asset Sale Offer is being made pursuant to the indenture governing the Notes (the “Indenture”) and an Offer to Purchase, dated June 22, 2021, which more fully set forth the terms and conditions of the Asset Sale Offer.Title of Security   CUSIP Number   Principal Amount Outstanding   Purchase Price(1)8.50% Senior Secured...

Beverly Hills, CA, June 22, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT, FATBP, FATBW), a leading global franchising company and parent company of iconic brands including Fatburger, Johnny Rockets, and seven other restaurant concepts, today announced the closing of its previously announced underwritten public offering of 460,000 shares of 8.25% Series B Cumulative Preferred Stock at a price to the public of $20.00 per share, which includes 60,000 shares issued and sold upon full exercise of the underwriter’s option to purchase additional shares. The aggregate gross proceeds to the Company were $9,200,000, prior to deducting underwriting discounts and other offering expenses. FAT Brands Inc. intends to use the net proceeds of the offering for general corporate purposes and possible future acquisitions...

MCLEAN, Va., June 22, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced that Alberto G. Musalem has been elected to its Board of Directors effective June 17, 2021. Currently, Musalem is chief executive officer, co-chief investment officer, and a founder of Evince Asset Management LP, a company developing portfolio technologies for investors and managing a quantitative global fund. “Mr. Musalem brings significant finance, capital markets, economics, and public policy expertise to our Board,” said Sara Mathew, non-executive chair of Freddie Mac’s Board of Directors. “We welcome him as a highly qualified new member whose decades of experience position him to play an important role on our Risk committee and our Compensation & Human Capital committee.” Before founding Evince Asset Management, Musalem served as executive...