Month: July 2021
Westport, CT , July 26, 2021 (GLOBE NEWSWIRE) — Williams Rowland Acquisition Corp. (the “Company”), a newly organized blank check company incorporated as a Delaware corporation and led by Co-Chief Executive Officers, David “Tiger” Williams and Jonathan Rowland, today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of the common stock of the Company and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one share of common stock at $11.50 per share. The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any. The units are expected to trade on the New York Stock Exchange...
Candel Therapeutics Announces Pricing of Initial Public Offering
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NEEDHAM, Mass., July 26, 2021 (GLOBE NEWSWIRE) — Candel Therapeutics, Inc. (“Candel”), a late clinical stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today announced the pricing of its initial public offering of 9,000,000 shares of common stock at a public offering price of $8.00 per share. The shares are expected to begin trading on the Nasdaq Global Market on July 27, 2021 under the ticker symbol “CADL.” The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Candel, are expected to be $72 million. The offering is expected to close on July 29, 2021, subject to the satisfaction of customary closing conditions. In addition, Candel has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares...
First Savings Financial Group, Inc. Reports Financial Results For the Third Fiscal Quarter Ended June 30, 2021
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JEFFERSONVILLE, Ind., July 26, 2021 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (NASDAQ: FSFG – news) (the “Company”), the holding company for First Savings Bank (the “Bank”), today reported net income of $4.3 million, or $1.80 per diluted share, for the quarter ended June 30, 2021 compared to net income of $15.4 million, or $6.51 per diluted share, for the quarter ended June 30, 2020.
Commenting on the Company’s performance, Larry W. Myers, President and CEO stated: “We continued to be very pleased with the fundamentals of our organization, which continue to deliver meaningful value to our shareholders. The core banking segment continues to experience strong earnings, loan and deposit growth; resiliency of asset quality; and stability of the net interest margin. The SBA lending segment...
Noranda Income Fund Announces Second Quarter 2021 Results
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TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Noranda Income Fund (TSX: NIF.UN) (the “Fund”) today reported its financial results for the second quarter ended June 30, 2021. Except where otherwise indicated, all amounts in this press release are expressed in US dollars.
Second Quarter 2021 Highlights (compared to same period in 2020)Loss before income taxes of $13.3 million compared to a loss of $20.5 million
Adjusted EBITDA1 was a negative $0.2 million compared to $9.7 million
Zinc metal production of 67,579 tonnes compared to 66,993 tonnes
Zinc metal sales of 67,348 tonnes compared to 66,992 tonnes
Sulphuric acid sales of 94,652 tonnes compared to 104,282 tonnes
The Fund received the final advance payment of $16 million from its stream agreement with BaseCore Metals LP (“BaseCore”)“While we continue to face challenging market...
Endexx Corporation and DJ Khaled’s BLESSWELL Shows Strong Promise in the CBD Wellness Sector Within First Months of Debut
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OTC: EDXCBLESSWELL & Terrence J.Partnering with famed Hollywood brand Von Dutch to host a star-studded Summer Fridays Kickoff experience
Cave Creek, AZ, July 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — In May of 2021, Endexx Corporation (OTC: EDXC), the leading producer and manufacturer of hemp-derived CBD wellness products, and legendary music artist DJ Khaled, officially joined forces to launch BLESSWELL™. The clean and natural CBD-infused men’s grooming line is designed to be an essential toolkit for a man’s complete at-home self-care needs.
Taking place in early June, BLESSWELL™ partnered with iconic fashion brand, Von Dutch, to host a Summer Fridays Kickoff event in Hollywood, CA. Celebrities, influencers, and media such as Terrence J., Sarunas J. Jackson, Rolling Stone, and Hypebeast...
Provident Bank’s Community Partnership Program Donates Over $750,000 to Local Non-Profits Since 2006
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RIVERSIDE, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc., NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Provident Bank”) has donated over $750,000 to local non-profits with their Community Partnership Program (“Program”) since the Program’s inception in 2006. For the year ending 2020, Provident Bank donated more than $49,000 to local non-profit organizations such as service groups, parent teacher associations, homeowner’s associations, booster clubs, foundations, church groups and societies, among others in Riverside and San Bernardino Counties.
“The impact of the COVID-19 pandemic on non-profit organizations has been unparalleled. Provident Bank is grateful for the opportunity to provide funding that will make a meaningful difference to our local nonprofits. As our communities...
High Arctic Acquires Rental Equipment
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CALGARY, Alberta, July 26, 2021 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) announces the execution of an agreement to acquire 17 modern hydraulic catwalks from a vendor in the Cold Lake area of Alberta for $1.1M.
A total of 14 of the units are currently deployed with an existing High Arctic customer in Cold Lake and the remaining units are in ready working condition. As part of the transaction, High Arctic and the vendor will equally share revenue from July to December 2021, while High Arctic incrementally takes possession of each machine, assumes title of the units and upgrades each one to...
Five Star Bancorp Announces Second Quarter 2021 Results
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RANCHO CORDOVA, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), the holding company for Five Star Bank (the “Bank”), today reported net income of $9.8 million for the quarter ended June 30, 2021, compared to $10.3 million during the quarter ended March 31, 2021 and $10.1 million during the quarter ended June 30, 2020. Diluted earnings per share were $0.67 for the second quarter of 2021, compared to $0.93 for the first quarter of 2021 and $1.05 for the second quarter of 2020.
Financial Highlights
During the quarter, the Company terminated its status as a “Subchapter S” corporation in connection with its initial public offering (“IPO”). As such, results presented for the periods ended March 31, 2021 and June 30, 2020 have been calculated using a 3.5% S Corporation tax rate,...
Brookfield Infrastructure has Clear Path to Acquire Inter Pipeline Ltd. – Tender Deadline of 5pm (Mountain Time) on August 6th
Written by Customer Service on . Posted in Mergers And Acquisitions.
On July 26th the Inter Pipeline Ltd. (“IPL”) Board of Directors announced that the alternative transaction with Pembina Pipeline Corporation (“Pembina”) has been terminated after receiving Brookfield Infrastructure’s enhanced Offer
Brookfield Infrastructure’s Offer is now the sole option available for IPL shareholders after the company’s comprehensive 4-month strategic review
Brookfield Infrastructure’s enhanced Offer represents a 51% premium to IPL’s unaffected share price1 and has received all key regulatory and financing approvals with the ability to close within 3 business days of the Offer expiry (subject to the modified statutory minimum condition)
Shareholders may elect up to 100% cash consideration, totalling C$20.00 per share of IPL without being subject to proration or 0.250 of a class A exchangeable subordinated voting share...
Alpha Healthcare Acquisition Corp. III Announces Pricing of $150 Million Initial Public Offering
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New York, NY, July 26, 2021 (GLOBE NEWSWIRE) — Alpha Healthcare Acquisition Corp. III (the “Company”) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading on, July 27, 2021, under the ticker symbol “ALPAU”. Each unit consists of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants will be exercisable and will trade on the Nasdaq. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “ALPA” and “ALPAW,” respectively.
The...