AutoWeb Acquires Assets of Vehicle Acquisition Company CarZeus to Expand Matchmaking Capabilities

Written by Customer Service on August 2, 2021. Posted in Mergers And Acquisitions.

Transaction Extends Company Further into Used Cars, Increasing TAM Acquisition of Assets a $400K All-cash Purchase from McCombs Family Partners and Founder Company Intends to Leverage its Efficient Traffic Acquisition Capabilities, Management Experience to Drive Growth, Improve Profitability and Scale Processes Transaction Supports Product Investment Strategy to Match Consumers with Their Preferred Vehicle Transactions Company Executives to Discuss the Transaction at Earnings Call Scheduled for Aug. 5 TAMPA, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) — AutoWeb, Inc. (Nasdaq: AUTO), an automotive matchmaking platform connecting in-market car shoppers to their preferred vehicle transactions, today announced it has acquired the assets of CarZeus, a San Antonio, Texas-based used vehicle acquisition platform that purchases vehicles...

Paratek Pharmaceuticals to Report Second Quarter 2021 Financial Results on August 9, 2021

Written by Customer Service on August 2, 2021. Posted in Public Companies.

BOSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel life-saving therapies for life-threatening diseases and other public health threats for civilian, government and military use, today announced the Company will host a conference call and live audio webcast on Monday, August 9, 2021 at 4:30 p.m. EDT to provide a corporate update and report its financial results for the second quarter ended June 30, 2021. The audio webcast can be accessed under “Events and Presentations” in the Investor Relations section of the Company’s website at www.ParatekPharma.com. Domestic investors wishing to participate in the call should dial: 855-327-6837 and international investors should dial:...

Unitil Files for a Change in Natural Gas Distribution Rates for New Hampshire Customers

Written by Customer Service on August 2, 2021. Posted in Public Companies.

HAMPTON, N.H., Aug. 02, 2021 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE: UTL) (www.unitil.com) announced today that its New Hampshire natural gas distribution utility, Northern Utilities New Hampshire, (“Northern” or the “Company”) filed a base rate case with the New Hampshire Public Utilities Commission (the “Commission”) requesting approval to change distribution rates for all customers. This filing will be subject to comprehensive review by the Commission in a base rate case proceeding that may last up to a year or more. The Company’s last base rate case was filed in 2017. The multi-year rate filing includes a revenue decoupling mechanism and an arrearage management program for customers experiencing difficulty in paying their energy bills. The Company’s proposal also includes certain provisions intended to mitigate the rate...

AppFolio, Inc. Announces Date of Second Quarter 2021 Financial Results Conference Call

Written by Customer Service on August 2, 2021. Posted in Public Companies.

SANTA BARBARA, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) — AppFolio, Inc. (NASDAQ: APPF), today announced that it will report its second quarter 2021 financial results after the close of the U.S. financial markets on Monday, August 9, 2021. In conjunction with this report, AppFolio will host a conference call on Monday, August 9, 2021, at 4:30 p.m. Eastern Time (ET) to discuss the company’s second quarter 2021 financial results. Participants who wish to dial into the conference call, please register in advance at http://www.directeventreg.com/registration/event/2995293. After registering, a confirmation email will be sent, including dial-in details and a unique code for entry. Registration will be open through the start of the live call. Following the conference call, a replay will be available at (800) 585-8367 (domestic) or (416)...

GXO Adds Jason Papastavrou to Board of Directors

Written by Customer Service on August 2, 2021. Posted in Public Companies.

GREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) announced the appointment of Jason Papastavrou, Ph.D., to its board of directors upon today’s spin-off of the company from XPO Logistics, Inc. (NYSE: XPO). Until the spin-off, Dr. Papastavrou had been a member of the board of directors of XPO. Dr. Papastavrou is the founder and chief investment officer of ARIS Capital Management, LLC. Previously, he was the founder and managing director of the Fund of Hedge Funds Strategies Group of Banc of America Capital Management (BACAP), president of BACAP Alternative Advisors, and a senior portfolio manager with Deutsche Asset Management. Dr. Papastavrou holds three degrees from the Massachusetts Institute of Technology, including a doctorate in electrical engineering and computer science. About GXO LogisticsGXO Logistics,...

Randy J. Martinez Joins Plexus Corp.’s Board of Directors

Written by Customer Service on August 2, 2021. Posted in Public Companies.

NEENAH, WI, Aug. 02, 2021 (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ: PLXS) announced today that Randy J. Martinez, former President and CEO of MTS Systems Corp. has joined Plexus Corp.’s Board of Directors. Prior to assuming the role of President and CEO at MTS in 2020 from his position as a Director of the company, Mr. Martinez held various leadership positions within the aviation, aerospace & defense and industrials industries. In addition to joining Plexus Corp.’s Board of Directors, Mr. Martinez will continue to serve on the Board of Directors for the National Defense Transportation Association, First Class Air Holdings and ACORN Growth Companies. Dean Foate, Chairman of Plexus’ Board of Directors, commented, “We are excited to welcome Randy to Plexus’ Board of Directors. Randy brings with him a wealth of relevant expertise...

Software Acquisition Group Inc. III Announces Closing of $200,000,000 Initial Public Offering

Written by Customer Service on August 2, 2021. Posted in Public Companies.

LAS VEGAS, Aug. 02, 2021 (GLOBE NEWSWIRE) — Software Acquisition Group Inc. III (NASDAQ: SWAGU) (the “Company”) announced today that it closed its initial public offering of 20,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $200,000,000. The Company granted the underwriters in the initial public offering, a 45-day option to purchase up to 3,000,000 additional units solely to cover over-allotments, if any. The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “SWAGU” on July 29, 2021. Each unit consists of one share of the Company’s Class A common stock and one-half 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...

NCS Multistage Holdings, Inc. Announces Second Quarter 2021 Results

Written by Customer Service on August 2, 2021. Posted in Public Companies.

Second Quarter Results Total revenues of $21.5 million, a 146% year-over-year increase Net loss of $(5.8) million, a $3.0 million improvement compared to $(8.8) million in the second quarter of 2020; loss per diluted share of $(2.41); adjusted net loss of $(4.9) million and adjusted loss per diluted share of $(2.04) Adjusted EBITDA of $(1.6) million, a $6.3 million improvement compared to $(7.9) million in the second quarter of 2020 $13.9 million in cash and $6.0 million of total debt as of June 30, 2021 HOUSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) — NCS Multistage Holdings, Inc. (NASDAQ: NCSM) (the “Company,” “NCS,” “we” or “us”), a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies, today announced its results...

Oyster Point Pharma, Inc., Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on August 2, 2021. Posted in Public Companies.

PRINCETON, N.J., Aug. 02, 2021 (GLOBE NEWSWIRE) — Oyster Point Pharma, Inc., (Nasdaq: OYST), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of first-in-class pharmaceutical therapies to treat ophthalmic diseases, today announced that the Compensation Committee of its Board of Directors granted inducement non-qualified stock options to purchase an aggregate of 93,600 shares of common stock to 58 new employees, pursuant to the Oyster Point Pharma, Inc., 2021 Inducement Incentive Plan. Each stock option has an exercise price per share equal to $14.11 per share, Oyster Point’s closing trading price on the grant date, and will vest over four years, with 1/4th of the underlying shares vesting on the first year anniversary of the applicable vesting date and 1/36th of the remaining...

LPL Financial Lowers Advisory Account Minimums

Written by Customer Service on August 2, 2021. Posted in Public Companies.

CHARLOTTE, N.C., Aug. 02, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) today announced that the firm has lowered the investment minimum in its Optimum Market Portfolios (OMP) platform, reducing the amount from $10,000 down to $1,000. This change makes it possible for advisors to offer advisory services to a larger range of clients, giving those with lower investable assets access to professionally managed asset allocation models. “As the industry continues to shift from brokerage to advisory, it is important to have advisory opportunities for all types of investors,” said Rob Pettman, LPL executive vice president, Wealth Management Solutions. “Based on advisor feedback, this enhancement in OMP provides an advisory option for those with smaller amounts to invest, with the added benefit of professionally managed portfolios...

Day: August 2, 2021

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