Day: August 2, 2021

BEIJING, China, Aug. 02, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (Nasdaq: LI) (“Li Auto” or the “Company”), an NEV automaker in China, today announced the launch of its global offering (the “Global Offering”) of 100,000,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 10,000,000 Class A ordinary shares commencing on August 3, 2021, Hong Kong time (the “Hong Kong Public Offering”) and an international offering of initially 90,000,000 Class A ordinary shares commencing today (the “International Offering”), and dual-primary listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) under the stock code “2015.” The Company’s American depositary shares (the “ADSs”), each representing two Class A ordinary shares...

Equity investments in JSW Cement Ltd. and Global Schools Group to Fuel Growth Plans NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds within its Hybrid Value strategy have committed to investments in two leading Asian businesses. Certain funds managed by Apollo affiliates have entered into definitive agreements to invest $100 million in JSW Cement Ltd. (“JSW Cement”), one of India’s leading cement companies, and $155 million in Global Schools Group (“GSG”), a premium K12 education network headquartered in Singapore. These extend the activity of Apollo’s Hybrid Value strategy, which has led more than $7 billion of investment commitments in the past 18 months. The investments in JSW Cement and GSG are designed to...

NORTH LIBERTY, Iowa, Aug. 02, 2021 (GLOBE NEWSWIRE) — Heartland Express, Inc. (www.heartlandexpress.com) (Nasdaq: HTLD) is pleased to announce it has received two service awards from FedEx Express for fiscal year 2021 (period June 1, 2020 through May 31, 2021). Heartland Express has been awarded both the FedEx Express “Platinum Award for 99.99% On-Time Service” and “Core Carrier of the Year” award. Heartland Express has received the distinguished “Carrier of the Year” award from FedEx Express fourteen times in the last fifteen years and now eleven years in a row. Heartland Express has reached nearly perfect service levels at 99.99% on time (an all-time record) on more than 20,000 shipments (an all-time high volume) during the year. Another major accomplishment in the current year is that we have now achieved service awards in each...

INDIANAPOLIS, Aug. 02, 2021 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (“IEA”) (NASDAQ: “IEA” or the “Company”) today announced the closing of its underwritten public offering of common stock and pre-funded warrants to purchase shares of common stock. At closing, IEA issued 10,547,866 shares of its common stock and pre-funded warrants to purchase 7,747,589 additional shares of its common stock. The number of shares of common stock included 2,386,364 shares purchased by the underwriters upon exercise of an over-allotment option granted to them in the offering by IEA. The shares of common stock and pre-funded warrants were sold at a price to the public of $11.00 per share of common stock and $10.9999 per pre-funded warrant. The underwriting discounts and commissions for shares of common purchased by public investors...

SUGAR LAND, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced a net loss of $6 million, or 6 cents per diluted share, on net sales of $1.8 billion for the second quarter of 2021, compared to net loss of $5 million, or 5 cents per diluted share, inclusive of a $41 million pre-tax charge related to a goodwill impairment recognized within its Nitrogen Fertilizer Segment, on net sales of $675 million for the second quarter of 2020. Second quarter 2021 EBITDA was $102 million, compared to second quarter 2020 EBITDA of $68 million. “CVR Energy was pleased to return value to its stockholders through a special dividend of $492 million during the 2021 second quarter, paid in a combination of cash and the outstanding stock of Delek US Holdings, Inc. that was held by the Company,”...

Daix (France), August 2, 2021 (GLOBE NEWSWIRE) – Inventiva S.A. (NASDAQ: IVA – EURONEXT PARIS: IVA) (the “Company”), a clinical-stage biotechnological company focused on the development of oral small molecule therapies for the treatment of patients with significant unmet medical need in the areas of fibrosis, lysosomal storage disorders and oncology, today announced the implementation of an At-The-Market (“ATM”) program allowing the Company to issue and sell, including with unsolicited investors who have expressed an interest, ordinary shares in the form of American Depositary Shares (“ADS”), each ADS representing one ordinary share of Inventiva, with aggregate gross sales proceeds of up to $100,000,000 (subject to a regulatory limit of 20% dilution and within the limits of the investors’ requests expressed in the context of the...

JERSEY CITY, N.J., Aug. 02, 2021 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant fungal infections, today announced grants of stock options to five new employees to purchase an aggregate of 24,500 shares of SCYNEXIS common stock at a per share exercise price of $6.97, the closing trading price on July 30, 2021. The stock options were granted as material inducements to the new employees to accept SCYNEXIS’ offers of employment. Each option has a ten-year term, with one-fourth of the shares subject to the option vesting on the one-year anniversary of the employee’s first date of employment and the remainder vesting in equal monthly installments for thirty-six months thereafter, provided the employee continues to...

TAMPA BAY, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) — KnowBe4, Inc. (NASDAQ: KNBE), provider of the leading security awareness training and simulated phishing platform, today announced that pursuant to the terms of the lock-up agreements (“lock-up agreements”) entered into by its equity holders, including current executive officers and directors, with the underwriters of KnowBe4’s initial public offering, the lock-up restrictions with respect to KnowBe4’s Class A common stock, par value $0.00001 per share (the “shares”) will end for 15% of the shares (including shares underlying vested RSUs and stock options) subject to each lockup agreement if KnowBe4’s Class A Common Stock exceeds 133%, or $21.28, of its initial public offering price for at least 10 days in the 15 consecutive trading day period immediately following the 90th day,...