Month: July 2021

FORT LAUDERDALE, FL , July 26, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for a Chrysler Dodge Jeep Ram dealership in New York, along with the associated real estate, generating approximately $80 million in annualized revenue and $2.6 million in adjusted EBITDA.Expected to close in the fourth quarter of this year. Purchase price of approximately $11 million for goodwill and $8.2 million for the associated real estate expected to be funded through a combination of cash on LMP’s balance sheet, $5.6 million in common stock and debt financing. Expected to add approximately $2.6 million in adjusted EBITDA or $0.26 per share in 2022.Richard Aldahan, LMP’s Chief...

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: OCTOPUS INVESTMENTS LTD(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 Restore plc(d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)        Date position held/dealing...

Some of the leading players operating in the global subperiosteal dental implants market are Institut Straumann AG, Dentsply Sirona Inc., Nobel Biocare Services AG, Zimmer Biomet, and Bio3 Implants GmbH. Pune, India, July 26, 2021 (GLOBE NEWSWIRE) — As per the American College of Prosthodontics, around 120 million people in the US are missing one tooth at least. This shows that the demand for “subperiosteal dental implants” is expected to persistently rise, thus driving the global subperiosteal dental implants market. Bacterial infection can lead to tooth decay, which can affect dental structures. Trauma can also change the dental structures, which may eventually emerge the need to replace the missing tooth. Subperiosteal dental implants are for patients who have shallow or weak jawbones. These implants are fixed over jawbones...

PHOENIX, July 26, 2021 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) announced today that it has signed a binding offer to acquire the business and certain assets and liabilities of The Commodore Corporation (“Commodore”), including its six manufacturing facilities and two wholly owned retail locations. Commodore is the largest independent builder of manufactured and modular housing in the United States, operating under a variety of brand names such as Commodore Homes of Pennsylvania, Commodore Homes of Indiana, Colony Homes, MidCountry Homes, Pennwest Homes and R-Anell Homes. Commodore has over 1,200 employees and operates across the Northeast, Midwest and Mid-Atlantic regions, with wholly owned retail stores in Indiana and New York. In addition to manufacturing, Commodore also participates...

TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has closed the previously announced Definitive Agreement with Romios Gold Resources Inc. (“Romios Gold”) to acquire 80% interest and control over an additional 1,870 hectares (4,620 acres) in 87 mining claims covering historic silver properties in the Thunder Bay Silver District. The new claims comprise substantial portions of the historic Victoria Mine and Federal Mine silver properties, plus the Lily of the Valley, Caribou and Cloud Bay prospects and solidifies Honey Badger Silver’s dominant position in this historic high-grade silver camp. In consideration for the additional claims, Honey Badger Silver has issued 1,103,506 common shares to Romios Gold valued at $150,000. As well,...