Day: July 26, 2021

HOUSTON, July 26, 2021 (GLOBE NEWSWIRE) — Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), a leader in developing novel, controllable cellular immunotherapies for cancers, today announced an equity inducement grant to one new employee consisting of an aggregate of 15,000 stock options. The Compensation Committee of the Board of Directors approved the grant with an effective date of July 26, 2021. The stock options were granted as an inducement material to the employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options have an exercise price of $2.86 per share and vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and 1/48 of the shares vesting monthly thereafter, subject to the new employee’s...

MILLERSBURG, Pa., July 26, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported net income to common shareholders (earnings) for the quarter ended June 30, 2021 of $9,613,000 or $0.93 per common share basic and diluted, compared to earnings of $6,833,000 or $0.81 per common share basic and diluted for the quarter ended June 30, 2020. The earnings per share for the quarter ended June 30, 2021 reflect an increase of over 15 percent compared to the earnings for the same period in the prior year. Earnings for the six months ended June 30, 2021 were $18,925,000 or $2.02 per common share basic and diluted, compared to earnings of $10,651,000 or $1.26 per common share basic and diluted for the six months ended June 30,...

TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — OverActive Media Corp. (formerly Abigail Capital Corporation) (“OverActive” or the “Company”) is pleased to announce that its shareholders approved all matters presented at the special meeting of shareholders held on July 26, 2021 (the “Meeting”) by the requisite majorities as set out in the Company’s management information circular dated June 21, 2021 (the “Circular”). At the Meeting, the shareholders of the Company passed the following resolutions:Resolution to fix the number of directors at seven (7) until the next annual meeting of shareholders. Resolution to elect three (3) board members, being Rizwan Jamal, Robin Brudner and Jamie FirstenThe board of directions of the Company is now comprised of Sheldon Pollack, Christina Bianco, Jeffrey Kimel, Michael Kimel, Rizwan Jamal, Robin...

EL SEGUNDO, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended June 30, 2021. Financial Overview  Three months ended June 30,   Six Months ended June 30,  2021   2020   2021   2020  (In millions, except percentage and per share amounts)Net sales $ 556.9     $ 512.4     $ 1,053.0     $ 988.5  Net income 45.0     39.2     63.1     70.6  Net income as a percentage of net sales 8.1 %   7.7 %   6.0 %   7.1 %Adjusted Net Income (Non-GAAP measure*) 49.1     38.5     78.3     67.9  Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 8.8 %   7.5 %   7.4 %   6.9 %Earnings Per Share (“EPS”) – Diluted 0.54     0.47     0.77     0.84  Adjusted EPS (Non-GAAP measure*) 0.59     0.46     0.96     0.81  Adjusted...

CALABASAS, Calif., July 26, 2021 (GLOBE NEWSWIRE) — On April 6, 2016, the Internal Revenue Service (“IRS”) selected MusclePharm Corporation’s (OTCMKTS: MSLP) 2014 Federal Income Tax Return for audit and, as a result, proposed certain adjustments with respect to the tax reporting of certain of the Company’s former executives’ 2014 restricted stock grants. On April 4, 2017, MusclePharm received a letter from the IRS asserting back taxes and penalties of approximately $7.3 million dollars owed for the 2014 restricted stock grants. MusclePharm submitted a formal protest disputing the matter on several grounds and has been pursuing this matter vigorously through the IRS appeals process. On June 29, 2021, an IRS Appeals Officer confirmed that the tax matter had exceeded the applicable statute of limitations and was deemed closed from...

DALLAS, July 26, 2021 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH) today announced that its Combined 2020/2021 Annual Meeting of Stockholders originally convened and adjourned on May 28, 2021 has been cancelled to permit time for GWGH to distribute proxy materials to stockholders. The Company will provide notice of the new meeting date once it has been established. About GWG Holdings, Inc. GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas that is a leader in providing unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P. and GWG Life, LLC, GWGH owns and manages a diverse portfolio of alternative assets that, as of September 30, 2020, included $1.9 billion in life insurance policy benefits, and...

All amounts in U.S. dollars unless otherwise stated TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced it has partially realized its investment in Ryan Specialty Group, LLC (“Ryan Specialty” or the “company”), a leading international specialty insurance organization, through the initial public offering (“IPO”) of the company’s parent, Ryan Specialty Group Holdings, Inc. (“Ryan Specialty Holdings”). Ryan Specialty Holdings’ shares of Class A common stock began trading on the New York Stock Exchange on July 22, 2021, under the symbol “RYAN.” The initial market capitalization of Ryan Specialty Holdings at the offering price of $23.50 per share was approximately $6 billion (inclusive of the value of Ryan Specialty’s equity). In June 2018, Onex made an initial investment in Ryan Specialty...

JASPER, Ind., July 26, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported another quarter of strong operating performance, resulting in quarterly earnings of $23.8 million, or $0.90 per share, during the second quarter of 2021. This level of quarterly earnings represented an increase of $4.3 million, or approximately 22% on a per share basis, from 2021 first quarter earnings of $19.6 million, or $0.74 per share. On a year-over-year basis, the current quarterly earnings, as compared to second quarter 2020 earnings of $14.3 million, or $0.54 per share, increased by $9.6 million, or approximately 67% on a per share basis. The second quarter 2021 earnings growth was driven by a number of factors including strong balance sheet growth, within both the core loan portfolio and deposit base, improved net interest...

DAYTONA BEACH, Fla., July 26, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the second quarter of 2021. Revenues for the second quarter of 2021 under U.S. generally accepted accounting principles (“GAAP”) were $727.3 million, increasing $128.5 million, or 21.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 21.3% and Organic Revenue(1) increasing by 14.7%. Net income was $139.3 million, increasing $42.5 million, or 43.9%, and diluted net income per share increased to $0.49, or 44.1% as compared to the second quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.49, or 44.1%, compared to the second quarter of the prior year. Revenues for the six...

CLEVELAND, July 26, 2021 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 fourth quarter and full year earnings before the market opens on Thursday, August 5, 2021, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2021 fourth quarter and full year results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more...