Day: July 20, 2021
Appoints Mel Maxwell as an AREV Director
VANCOUVER, British Columbia, July 20, 2021 (GLOBE NEWSWIRE) — AREV NANOTEC BRANDS INC. (CSE: AREV) (OTC: AREVF) (“AREV” or the “Company”) is pleased to announce the outcome of the votes at the annual and special meetings of the shareholders of AREV Nanotec Brands Inc. held on July 13, 2021 in Vancouver, British Columbia. In addition, on July 17, 2021, the AREV Board of Directors appointed U.S. entrepreneur Mr. Melvin S. Maxwell III as a new Director of the Company.
Mr. Maxwell’s background in business and computer science brought his initial success through software development, IT consulting, and eCommerce solutions, including a successful exit from Genilogics in 2012. Among other ventures, Mr. Maxwell is one of the two founders of Germinator, the Atlanta-based pathogen remediation company...
Evolving Gold Announces Share Consolidation
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, July 20, 2021 (GLOBE NEWSWIRE) — Evolving Gold Corp. (CSE: EVG) (the “Company”) announces its common shares will consolidate effective July 22, 2021, on a ten (10) for one (1) basis. The record date for the consolidation is July 23, 2021. There is no change in the Company’s trading symbol. Any fractional shares arising upon the consolidation will be rounded to the nearest whole number of common shares. Outstanding stock options and share purchase warrants will also be adjusted by the consolidation ratio and the respective exercise prices adjusted accordingly.
Letters of transmittal describing the process by which shareholders may obtain new certificates representing their consolidated common shares will be mailed shortly to registered shareholders. Shareholders holding their shares through a broker...
OneWater Marine Reaches Agreement to Acquire Naples Boat Mart
Written by Customer Service on . Posted in Mergers And Acquisitions.
Expands presence on the West Coast of Florida
BUFORD, Ga., July 20, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has reached an agreement to acquire the assets of Naples Boat Mart, which will expand the Company’s presence on the West Coast of Florida and enhance new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. The transaction is expected to close in the fourth quarter of 2021.
A third-generation family owned and operated business, Naples Boat Mart represents premier boating brands including, Grady White, Hurricane, and Key West, while also offering factory trained technicians to deliver quality service for its customers including a full rigging shop and mobile service units. Naples Boat Mart generated approximately...
Jushi Holdings Inc. Announces the Expiration of HSR Act Waiting Period for the Proposed Acquisition of Nature’s Remedy of Massachusetts, Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
BOCA RATON, Fla., July 20, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“the HSR Act”) in respect to its proposed acquisition of Nature’s Remedy of Massachusetts, Inc. and certain of its affiliates (collectively, “Nature’s Remedy”), a vertically integrated single state operator in Massachusetts. The waiting period expired without a second request for information. The transaction is expected to close in late Q3 or early Q4 of 2021, subject to certain closing conditions, including final approval from the Commonwealth of Massachusetts Cannabis Control Commission.
As announced in April 2021, Jushi plans to acquire...
Seven Oaks Acquisition Corp. [Nasdaq: SVOK] Announces Filing of Form S-4 in Connection with its Proposed Business Combination with Boxed
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Boxed Also Announces Intention to List Its Common Stock and Warrants on the New York Stock Exchange Under the Ticker Symbols [NYSE:BOXD] and [NYSE:BOXD WS], Respectively
NEW YORK, July 20, 2021 (GLOBE NEWSWIRE) — Seven Oaks Acquisition Corp. (“Seven Oaks” or “SVOK”) (Nasdaq: SVOK, SVOKU, SVOKW), a publicly-traded special purpose acquisition company, today announced that it has filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (the “Registration Statement”) in connection with its proposed business combination with Boxed (“Boxed” or “the Company”), an e-commerce grocery shopping platform selling bulk consumables to households and businesses.
Boxed and Seven Oaks entered into a definitive agreement relating to the business combination on June 13, 2021 that would...
Pacific Biosciences Signs Definitive Agreement to Acquire Omniome
Written by Customer Service on . Posted in Mergers And Acquisitions.
Combination aims to transform the genomics landscape and deliver a differentiated product offering into high growth clinical marketsBrings together Omniome’s high accuracy short-read sequencing platform, with PacBio’s market leading, high accuracy long-read solutions
Transaction supported by concurrent $300 million PIPE financing from premier life science investorsMENLO PARK, Calif. and SAN DIEGO, July 20, 2021 (GLOBE NEWSWIRE) — Pacific Biosciences of California, Inc. (Nasdaq: PACB) (“Pacific Biosciences” or “PacBio”), a leading provider of high-quality, long-read sequencing platforms, announced today that it has signed a definitive merger agreement under which it will acquire Omniome, a San Diego-based company developing a highly differentiated, proprietary short-read sequencing platform capable of delivering high accuracy....
BBQGuys, A Leading Online Grilling And Outdoor Living E-Commerce Platform, To Become A Publicly Traded Company Via Merger With Velocity Acquisition Corp.
Written by Customer Service on . Posted in Mergers And Acquisitions.
BBQGuys has entered into a definitive business combination agreement with special purpose acquisition company Velocity Acquisition Corp. (NASDAQ: VELO)BBQGuys is a leading specialty e-commerce and content platform for grills, grilling accessories and outdoor living products and enthusiasts, selling top third party products and outdoor solutions to retail and professional customersBBQGuys has an emerging owned-brands portfolio focused on filling gaps in the market using a data-driven approach and an expanding wholesale/retail distribution network
BBQGuys delivers a proven track record of growth and profitability, including 43 consecutive quarters of YOY top-line growth and positive EBITDA
The transaction values BBQGuys at a pro forma equity value of $963 million and an enterprise value of $839 million (assuming no redemptions)
The...
FreightHub, Inc. Doubles Canadian Carrier Network
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NEW YORK, July 20, 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, doubled its Canadian carrier network to answer ramping demand from truckload freight customers.
“A key element of our growth strategy is leveraging our position within the U.S-Mexico and Mexico-U.S. cross-border markets to expand our footprint across select routes into and within Canada,” stated Javier Selgas, CEO of Fr8Hub. “Our President Mike Flinker leads this effort, building upon his more than 30 years of logistics business experience. Mike has a wealth of experience, coming from his focus over several decades on...
MorganFranklin Consulting Adds Supply Chain Practice As Firm Continues Rapid Growth
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Advisory firm adds comprehensive supply chain services through re-alignment of Vaco’s Plantensive businessMorganFranklin Consulting LogoPlantensive LogoWASHINGTON, DC, July 20, 2021 (GLOBE NEWSWIRE) — MorganFranklin Consulting, a Vaco company, a leading management and technology advisory firm that specializes in solving complex transformational challenges for its clients, has added supply chain services through the re-alignment of Plantensive, Vaco’s supply chain, retail, and category management division.
MorganFranklin and Plantensive already work together extensively to execute consulting projects across retail, distribution, CPG, and manufacturing verticals. This re-alignment represents a unique opportunity to accelerate growth for each business while enhancing the experience for mutual clients...
Pacific Biosciences and Invitae Announce Intent to Expand Collaboration
Written by Customer Service on . Posted in Mergers And Acquisitions.
Collaboration to develop production-scale HiFi Sequencing platformexpected to Include technology from Omniome, Inc.
Combining both highly accurate long and short read sequencing technologies expected to provide deeper clinical insights and lower the overall cost of analysis
MENLO PARK, Calif., July 20, 2021 (GLOBE NEWSWIRE) — Pacific Biosciences of California, Inc. (Nasdaq: PACB)(“Pacific Biosciences” or “PacBio”), a leading provider of high-quality, long-read sequencing platforms, and Invitae Corporation (NYSE: NVTA), a leading medical genetics company, today announced an intent to expand their multi-year collaboration to develop a production-scale high-throughput HiFi sequencing platform to include the sequencing technology developed by Omniome, Inc.
The expansion of the collaboration is expected to add the short read sequencing...