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Day: July 1, 2021

Alpine Income Property Trust Completes Portfolio Acquisition From CTO Realty Growth for $44.5 Million

DAYTONA BEACH, Fla., July 01, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it closed its previously announced acquisition of six high-quality net lease retail properties for a combined purchase price of $44.5 million from CTO Realty Growth, Inc. (NYSE: CTO) on June 30, 2021 (the “CTO Portfolio”). The CTO Portfolio consists of properties net leased to leading national retailers such as Lowe’s, Walgreens, Harris Teeter and Big Lots, with more than 60% of annualized base rent coming from properties leased to, or with leases guaranteed by investment grade-rated entities. All six of the properties in the CTO Portfolio are within metropolitan statistical areas that have populations over one million people, including locations in close proximity to Charlotte, NC; Seattle, WA;...

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The Simply Good Foods Company Reports Fiscal Third Quarter 2021 Financial Results; Updates Full Fiscal Year 2021 Outlook

DENVER, July 01, 2021 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and thirty-nine weeks ended May 29, 2021. The Company’s fiscal third quarter 2021 and year-to-date period results include Quest results for the full period. The Company’s fiscal third quarter 2020 results include thirteen-weeks of Quest and about thirty-six weeks for the year-to-date period. Third Quarter Highlights:(1)Net sales increased 32.0% driven by strong Atkins and Quest performance Net income(2) of $5.9 million versus $48.1 million Earnings per diluted share (“EPS”)(2) of $0.06 versus $0.17 Adjusted Diluted EPS(3) of $0.43 versus $0.26 Adjusted EBITDA(4)...

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Acuity Brands Reports Fiscal 2021 Third-Quarter Results

Company Returns to GrowthNet Sales Increased 15.9% versus Prior Year Gross Profit Margin Expansion of 80 Basis Points versus Prior Year Announced the Closing of the Previously Announced Acquisition of ams OSRAM’s North American Digital Systems business Announced the Two Business Segments: Acuity Brands Lighting and the Intelligent Spaces Group Highlighted its Commitment to 100 Million Metric Tons of Carbon Reduction by 2030ATLANTA, July 01, 2021 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (the “Company”) a market-leading industrial technology company announced net sales of $899.7 million for the third quarter of fiscal 2021 ended May 31, 2021, an increase of $123.5 million or 15.9 percent, as compared to the third quarter of fiscal 2020. Diluted earnings per share was $2.37, an increase of 55.9 percent over...

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Cartel Blue, Inc. Cartel, Inc. Announces Anticipated Legalization of Cannabis and Hemp Crops in Mexico Increases Production of Quality Hemp for its Premium Cigars and Accessories

Cartel Cigar TubesCartel Cigar TubesClub 662Club 662Cartel LoungeCartel LoungeLONG BEACH, Calif., July 01, 2021 (GLOBE NEWSWIRE) — Cartel Blue, Inc. and Cartel, Inc., a Delaware Corporation founded in 1998, announced it will increase its business operations in Mexico for expansion of its product lines. Cartel Inc. announced expanded product strategies after the Supreme Court of Mexico ruled for decriminalization and legalization of recreational Cannabis and Hemp in Mexico on June 30, 2021. Addressing its expansion strategy, the company previously obtained Trademarks in Mexico which were approved. All the company’s products and processes, including Cartel Accessories, hemp cultivation and approval of its line of hemp-hip-hop-clothing sold under the brand “Cartel Blue”, are a part...

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FreightHub, Inc. Launches Electronic Data Interchange (EDI) Interface

NEW YORK, July 01, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that FreightHub, Inc. (Fr8Hub), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, launched its Electronic Data Interchange (EDI) interface. Javier Selgas, CEO of Fr8Hub, said, “With the launch of our EDI interface, we now have the capability to connect with our customers and providers using a robust industry standard for the electronic transfer of data. Our EDI interface makes it easier and more cost-effective for our customers and service providers to do business with us. This capability makes our business processes seamless and allows our operating cycles to be more efficient. We believe that leveraging...

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Turnover of Apranga Group in June 2021

Turnover of Apranga Group in June 2021 Retail turnover (including VAT) of Apranga Group amounted to EUR 24.6 million in June 2021 and has increased by 18.8% comparing to June 2020. In June 2021, the retail turnover of Apranga Group in Lithuania increased by 21.7% year-to-year, in Latvia increased by 15.8% and in Estonia increased by 12.7%. Retail turnover (including VAT) of Apranga Group totalled EUR 55.7 million in 2nd quarter 2021 and was 36.2% higher than in 2020. In 2nd quarter 2021, the retail turnover of the Group in Lithuania increased by 55.3%, in Latvia decreased by 0.5% and in Estonia increased by 26.3% year-to-year. Due to epidemic coronavirus (COVID-19) infection, from 16 December 2020, all the Group’s stores in Lithuania were temporarily closed. Stores in Lithuania with a separate entrance from outside and a sales area not...

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HMS Networks AB (publ) acquires a majority of Owasys Advanced Wireless Devices S.L.

HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has on July 1st, 2021 acquired 60% of all shares in the Spanish company Owasys Advanced Wireless Devices S.L. Headquartered in Bilbao with 20 employees, Owasys is a wireless communication company designing and manufacturing products for utility vehicles and industrial machines.  Owasys offers wireless embedded communication platforms to enable remote monitoring and control of a wide range of mobile machines. The portfolio includes key products like owa4x which is an IoT gateway for processing and transmission of data from wired and wireless sensors, devices and peripherals to the cloud, and owa450 which is an IoT platform for controlling and monitoring of data from vehicles and industrial machines at the Edge. A selection of value created by Owasys’ solutions...

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Nexstim Plc provides an update on the pilot study in chronic pain treatment at Helsinki University Hospital

Company announcement, Inside information, Helsinki, 1 July 2021 at 14.00 (EET) Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) provides an update on the pilot study on the use of accelerated iTBS protocol in treatment of chronic neuropathic pain with Nexstim NBT® System at Helsinki University Hospital. Nexstim announced on 25 September 2020 that the pilot study is starting and estimated that the patient treatments in the study of five to ten patients would be completed in first half of 2021, and the results would be made public once available.   Nexstim now reports that treatment of study patients has started as planned and several patients have completed the treatment. However, Nexstim currently estimates that the treatment of patients will continue during Q3 2021. The Company continuously assesses...

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Wabash National Announces Sale of Extract Technology to Dietrich Engineering Consultants SA

LAFAYETTE, Ind., July 01, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today announced the sale of Extract Technology to Lausanne, Switzerland-based Dietrich Engineering Consultants SA (DEC), a portfolio company of Berlin, Germany-based capiton AG. Extract Technology, based in Huddersfield, United Kingdom, is a leading worldwide supplier of containment and aseptic systems for the pharmaceutical, healthcare, biotech and chemical markets. “Along with our company’s purpose of Changing How the World Reaches You™, we have refined our vision to focus on providing engineered solutions for the transportation, logistics and distribution industries,” said Mike Pettit, senior vice president and chief financial officer. “Although Extract Technology is an excellent business, its solutions and customers do not align with our...

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Reliance Steel & Aluminum Co. Announces Executive Officer Retirement and Promotions

–  William K. Sales retiring as Executive Vice President, Operations –  Sean M. Mollins promoted to Senior Vice President, Operations –  Brian Yamaguchi promoted to Vice President, Supplier Development LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) — Reliance Steel & Aluminum Co. (NYSE: RS) today announced the retirement of William K. Sales, Jr. as its Executive Vice President, Operations, effective January 2022. In advance of his retirement, Mr. Sales will transition from his current position to the role of Special Advisor, effective July 1, 2021. As Special Advisor, Bill will report directly to Jim Hoffman, Reliance’s Chief Executive Officer, and help facilitate the transition of his role as well as support other special projects. Consistent with the Board’s executive leadership succession plan at all levels...

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