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Day: July 30, 2021

Southern States Bancshares Announces Launch of Initial Public Offering

ANNISTON, Ala., July 30, 2021 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (“Southern States”), the holding company for Southern States Bank, an Alabama state-charted commercial bank (the “Bank”), announced today that it has commenced an initial public offering of 996,429 shares of common stock to be offered by Southern States and 1,003,571 shares of common stock to be offered by certain selling stockholders. The initial public offering price is expected to be between $19.00 and $21.00 per share, and Southern States expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock from it at the initial public offering price, less underwriting discounts and commissions. Southern States expects to list its common stock on the Nasdaq Global Select Market under the trading symbol...

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BayFirst Financial Corp. Announces Quarterly Cash Dividend of $0.07 Per Common Share

ST. PETERSBURG, Fla., July 30, 2021 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (OTCQX: FHBI) (“BayFirst” or the “Company”), parent company of First Home Bank, today announced its Board of Directors declared a quarterly cash dividend of $0.07 per common share. The dividend will be payable September 15, 2021 to common shareholders of record as of August 15, 2021. This marks the 21st consecutive cash dividend paid since BayFirst initiated cash dividends in 2016. On July 26, 2021, BayFirst reported record earnings of $13.02 million, or $2.98 per diluted share, in the second quarter of 2021, compared to net income of $7.51 million, or $1.85 per diluted common share, in the first quarter of 2021, and $2.35 million, or $0.63 per diluted common share, in the second quarter of 2020. Higher net interest...

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BBQ Holdings Completes Acquisition of Village Inn and Bakers Square

MINNETONKA, Minn., July 30, 2021 (GLOBE NEWSWIRE) — BBQ Holdings, Inc., the multi-brand restaurant company behind fan-favorite restaurant concepts such as Famous Dave’s and Granite City Food & Brewery, announced today it has completed the acquisition of Village Inn, a family restaurant concept with 21 company-owned restaurants and 114 franchised restaurants, and Bakers Square, a pie and comfort food concept with 12 company-owned restaurants. Since 1958, guests have visited Village Inn because they can enjoy great-tasting food and extra-friendly service in a clean and comfortable family-friendly environment. Their breakfast heritage remains made-from-scratch buttermilk pancakes, eggs cooked any-style and a pot of hot coffee on every table. With over six decades of service, corporate and franchise restaurants are located in...

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BRP Group, Inc. Announces Acquisition of EBSME, LLC

– Expands Holistic Benefits Product Offering – TAMPA, Fla., July 30, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that Armfield, Harrison & Thomas, LLC (“AHT”), an indirect subsidiary of BRP Group, has acquired substantially all of the assets of EBSME, LLC (“EBSME”), a Mount Airy, Maryland-based insurance agency providing ancillary benefit solutions for employer groups, brokers and consultants. As a result of this Partnership, BRP Group’s nomenclature for a strategic acquisition, EBSME will bring to BRP Group a deep ancillary benefits expertise that has powered strong organic growth since EBSME’s inception. EBSME generates annual revenues of approximately $1.2 million. “EBSME...

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Form 8.3 – Nortonlifelock Inc

FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)   1.        KEY INFORMATION  (a)        Full name of discloser: Sculptor Capital LP and Sculptor Capital Management Europe Limited(b)        Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree NortonLifeLock Inc(d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)        Date...

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Business activity results of the 1 half of the year 2021

The Board of AB Kauno Energija (hereinafter – the Company) (code – 235014830) assessed results of Company’s business activity of the 1 half of the year 2021 and financial state as at 30 June 2021 and approved AB Kauno Energija consolidated and Company’s non-audited results of the 1 half of the year 2021. The result of Company’s activities of the 1 half of the year 2021 according to the International Financial Reporting Standards is profit in amount of EUR 5,376 thousand (result of the 1 half of the year 2020 was amounted to EUR 77 thousand), turnover from sales is EUR 27,098 thousand (in the 1 half of the year 2020 it was amounted to EUR 25,251 thousand). The result of activities of the Group which consists of AB Kauno Energija and its’ subsidiaries UAB GO Energy LT (code – 303042623) and UAB Petrašiūnų Katilinė (code 304217723) of the...

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Lincoln Property Company and Cadillac Fairview Kickstart Multifamily Fund Acquisitions with Alexan Earl in Arlington, VA

The Earl Apartments in Arlington, VALincoln Property Company and Cadillac Fairview Close on Acquisition of Alexan Earl in Arlington, VAARLINGTON, Va., July 30, 2021 (GLOBE NEWSWIRE) — Lincoln Property Company, alongside partner Cadillac Fairview, closed on the acquisition of Alexan Earl on Thursday, July 22, 2021. The 12-story apartment community, located at 1122 N. Hudson Street, sits in the heart of Arlington, VA within the Clarendon submarket. This is the first existing asset acquisition from the $800M and growing U.S. multifamily fund, co-sponsored by Lincoln Property Company Residential and Cadillac Fairview. The acquisition of Alexan Earl, soon to be renamed, The Earl, jumpstarts their core acquisition initiative, with several assets expected to close in 2021 across top U.S. markets. “The purchase of The...

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Rani Therapeutics Announces Pricing of Initial Public Offering

SAN JOSE, Calif., July 30, 2021 (GLOBE NEWSWIRE) — Rani Therapeutics Holdings, Inc. (“Rani Therapeutics” or “Rani”), a clinical stage biotherapeutics company focused on advancing technologies to enable the development of orally administered biologics, today announced the pricing of its initial public offering of 6,666,667 shares of Class A common stock at a price to the public of $11.00 per share. The gross proceeds to Rani from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $73.3 million. In addition, Rani has granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq...

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Ebix Hosts Q2 Investor Call Monday, August 9th at 11:00 a.m. ET

JOHNS CREEK, Ga., July 30, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that the Company will report its 2021 second quarter results on Monday, August 9th, 2021, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company’s performance. The call is open to the public. Conference Call, Webcast and Replay Details:Call Date/Time:                     August 9, 2021 at 11:00 a.m. ETCall Dial-In Toll Free:           +1 (877) 837-3909International Dial-In:            +1 (973) 409-9690Call ID:                                     # 6093467 Live Audio Webcast:        https://www.ebix.com/webcast Audio Replay URL:           http://www.ebix.com/result_21_q2...

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Greg Gates Named Managing Director, Chief Technology & Information Officer for LPL Financial

CHARLOTTE, N.C., July 30, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) announced today that Greg Gates has been named managing director and Chief Technology & Information Officer, effective immediately. In this role, Gates will oversee all aspects of the firm’s technology and systems applications, leading the firm’s efforts to deliver a differentiated technology experience for LPL advisors, RIAs and institutions, and their clients. He reports directly to President and CEO Dan Arnold, and is based out of LPL’s Carolinas campus. Gates has served as interim head of technology since February 2021. “Since joining the firm, Greg has been integral to helping us improve the quality and speed-to-market of the technology solutions we provide to our clients, increasing the value we deliver to advisors for every dollar we spend...

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