Month: July 2021

Eagle Bulk Shipping Inc. Publishes 2021 ESG Sustainability Report

Written by Customer Service on July 1, 2021. Posted in Public Companies.

STAMFORD, Conn., July 01, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk,” “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has issued its second annual Environmental, Social, and Governance (ESG) Sustainability Report. The report, which has been prepared in accordance with the Marine Transportation Framework established by the Sustainability Accounting Standards Board (SASB), provides an overview of Eagle’s strategic priorities and performance with respect to various environmental, social, and governance-related matters. Gary Vogel, Eagle Bulk’s CEO, commented, “We are very pleased to be publishing our second annual ESG Sustainability Report and hope it will provide readers with a good understanding of our...

22nd Century Announces Restructuring of Panacea Investment, Expansion of Cannabis Franchise Capabilities

Written by Customer Service on July 1, 2021. Posted in Public Companies.

22nd Century Takes Ownership of Needle Rock Farms, Provides North American Cultivation Base of Operations BUFFALO, N.Y., July 01, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and hemp/cannabis research, today announced it has signed a definitive agreement to restructure its strategic investment in Panacea Life Sciences, Inc., in line with the ongoing development of 22nd Century’s strategic partnership network. Under terms of the agreement, 22nd Century’s existing $7 million note in Panacea will be exchanged for ownership of Needle Rock Farms, located in a prime Colorado hemp/cannabis growing location and valued at $2.2 million. The Company will also receive a new $4.3 million note and $500,000 in Panacea...

CSX Completes Acquisition of Quality Carriers

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

New Partnership to Create Unique Multimodal Chemicals Transportation Solution JACKSONVILLE, Fla., July 01, 2021 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced it has completed its previously announced acquisition of Quality Carriers, Inc. (“Quality Carriers”), the leading North American provider of bulk liquid chemicals truck transportation, from Quality Distribution, Inc. Financial terms of the transaction were not disclosed. Quality Carriers operates over 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. The addition of Quality Carriers enables CSX to extend the reach of its network and gain access to new products, markets, and regions through a unique and competitive multimodal solution that leverages the reach of truck transportation with the cost-advantage...

Magnite Acquires SpringServe, A Leader in CTV Ad Serving Technology

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Combination empowers CTV publishers with a tighter integration between direct and programmatic inventory Current SpringServe clients include Pluto TV, Sinclair Broadcast Group, Univision and VIZIO LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the world’s largest independent sell-side advertising platform, today announced the acquisition of SpringServe, a leading ad serving platform for connected TV (CTV). SpringServe’s technology manages multiple aspects of video advertising for CTV publishers such as inventory routing, customized ad experiences, and advanced podding logic. A tight technical integration between ad serving and programmatic capabilities reduces complexity, improves inventory management between multiple parties, enhances functionality, and can reduce costs. The purchase price was approximately...

733Park Deal Sources for GreenBox POS

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

BOSTON, July 01, 2021 (GLOBE NEWSWIRE) — 733Park’s deal sourcing team recently sourced Northeast Merchant Systems, a provider of comprehensive merchant credit card processing services for GreenBox POS (NASDAQ: GBOX) a customized blockchain payment solution system. The acquisition brings new retail merchant accounts to @GreenBox as well as a new BIN sponsor relationship. @GreenBox furthers its ability to create customized payment systems for businesses, including solutions with cashless transactions, cryptocurrency, and digital payments. 733Park specializes in deal sourcing and deal origination of payments, Fintech and SaaS acquisition opportunities for select clients. Lane Gordon, managing director of 733Park, has sourced deals for some of the largest private equity groups, payments companies, and software companies, for over...

Shenandoah Telecommunications Company Completes Sale of its Wireless Assets and Operations to T-Mobile

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

EDINBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) announced today the closing of the previously announced sale of its Wireless assets and operations to T-Mobile USA, Inc. (“T-Mobile”). The Company received cash proceeds of $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint Corporation, an indirect subsidiary of T-Mobile (“Sprint”), and net of certain transaction expenses. As required by the terms of its 2018 credit facility, $684 million of the proceeds were used to fully repay all outstanding debt and to terminate the facility and related interest rate swap contracts. About Shenandoah TelecommunicationsShenandoah Telecommunications Company (Shentel) provides broadband services through its high...

First National Corporation Completes Acquisition of The Bank of Fincastle

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

STRASBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) — First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has completed the acquisition of The Bank of Fincastle (“Fincastle”) effective July 1, 2021 (the “Merger”). Following completion of the Merger, Fincastle was merged with and into First Bank. Pursuant to the previously announced terms of the Merger, each outstanding share of Fincastle common stock is entitled to receive 0.1649 shares of First National’s common stock, or $3.30 in cash, or a combination of stock and cash, subject to election and proration such that the aggregate consideration will consist of 80 percent First National common stock and 20 percent cash. If Fincastle shareholders elect for more than 20 percent of Fincastle’s...

Avalon GloboCare Announces its Planned Acquisition Target, SenlangBio, has Initiated First-In-Human Clinical Trial in Recurrent Brain Cancer

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Trial evaluating EphA2-targeted CAR T-cell therapy in recurrent glioblastoma, an urgent and significant unmet medical need with no standard of care treatment option Anti-EphA2 CAR-T therapy appears to be well-tolerated thus far, based on initial safety data from first patient cohort Preliminary clinical study results demonstrating persistence of T-cell activity published in the June 2021 issue of the peer-reviewed scientific journal, Frontiers in Oncology FREEHOLD, N.J., July 01, 2021 (GLOBE NEWSWIRE) — Avalon GloboCare Corp. (NASDAQ: AVCO) (“Avalon” or “the Company”), a clinical-stage global developer of cell-based technologies and therapeutics, today announced that its planned acquisition target, SenlangBio, has initiated a first-in-human clinical trial evaluating anti-EphA2 chimeric antigen receptor (CAR) T-cell therapy for...

Jamf completes acquisition of Wandera

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Wandera furthers Jamf’s leadership in Apple Enterprise Management MINNEAPOLIS, July 01, 2021 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in Apple Enterprise Management, today announced it has completed the acquisition of Wandera, a leader in zero trust cloud security and access. This acquisition uniquely positions Jamf to help IT and security teams confidently protect devices, data and applications while extending the intended Apple experience through the most robust and scalable Apple Enterprise Management platform in the market. “I am very excited to bring Wandera’s Apple-first and Apple-best unified cloud security capabilities into the Jamf platform,” said Dean Hager, CEO, Jamf. “We believe the way Wandera has built their solutions provides a significant technical advantage to customers and a superior experience for...

Forterra Announces Acquisition of Barbour Concrete Company

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Expands Forterra’s Reach into Growing Precast Markets IRVING, Texas, July 01, 2021 (GLOBE NEWSWIRE) — Forterra, Inc. (“Forterra” or “the Company”) (Nasdaq: FRTA), a leading manufacturer of water and drainage infrastructure pipe and precast products in the United States and Eastern Canada, today announced that it has acquired the business of Barbour Concrete Company & Barbour Building Systems (“Barbour”), a manufacturer of precast concrete products used in drainage, stormwater, utility and other infrastructure applications. Based in Independence, Missouri, Barbour primarily serves the greater Kansas City metropolitan area. For the past 75 years, Barbour has provided high quality products and service to meet customer needs as well as serving as a leader in the National Precast Concrete Association. Forterra expects to continue...

Month: July 2021

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