Avicanna Announces Partial Revocation of Cease Trade Order and Proposed Financing

Written by Customer Service on August 3, 2021. Posted in Public Companies.

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) announces that the Ontario Securities Commission (“OSC“) has issued an order dated July 30, 2021 (the “Partial Revocation Order”) partially revoking the failure-to-file cease trade order issued against the Company on June 11, 2021 (the “FFCTO“) for failing to file certain outstanding continuous disclosure documents (collectively, the “Documents”) within the timeframes prescribed by applicable securities laws. The Partial Revocation Order permits the Company to conduct a financing on a private placement basis (the “Proposed Financing”). The FFCTO continues to apply in all other respects. Pursuant to the terms of the Proposed Financing, one or more investors (each, an “Investor”) may advance between $1,000,000...

MIMEDX Announces Second Quarter 2021 Operating and Financial Results

Written by Customer Service on August 3, 2021. Posted in Public Companies.

Second Quarter Net Sales Increase 27% to $68.2 million Versus Q2 2020 On Track to Deliver Topline Results for Late-Stage Musculoskeletal Pipeline in Late Summer Company to Host Conference Call on August 4, 2021, at 8:30 AM ET MARIETTA, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”), an industry leader in utilizing amniotic tissue as a platform for regenerative medicine, today announced the filing of its second quarter 2021 Form 10-Q for the period ended June 30, 2021. Timothy R. Wright, MIMEDX Chief Executive Officer, commented, “Our expanded commercial team is working aggressively toward the goal of achieving above-market growth for our Advanced Wound Care business, and executing on multiple initiatives that reinforce the differentiation of our products and convey the clinical...

Cerro Grande Mining Corporation Announces the Passing of Stephen W. Houghton

Written by Customer Service on August 3, 2021. Posted in Public Companies.

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) regretfully announces with great sadness that Mr. Stephen W. Houghton, the former Chief Executive Officer of the Company until his retirement on March 31, 2021, who remained the President, on an unpaid basis and without day-to-day responsibilities, and a director of the Company, passed away on August 2, 2021 in Santiago, Chile. Mr. Houghton was instrumental in the creation and development of the Company and served as a director and officer of the Company since its beginnings. In addition to his contributions to the Company as an officer and director, Stephen was a man of character, a friend and colleague to many at CEG, who dedicated all his energies to the Company. Paul DesLauriers, the Chairman...

Alkami to Participate in Upcoming KeyBanc Capital Markets and Needham & Company Investor Conferences

Written by Customer Service on August 3, 2021. Posted in Public Companies.

PLANO, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today that company leadership will participate at the following upcoming investor conferences: KeyBanc Capital Markets – Future of Technology Series, August 10, 2021. Chief Executive Officer Mike Hansen, Chief Financial Officer Bryan Hill and Vice President of Investor Relations Rhett Butler will present. Needham & Company – 3rd Annual Virtual FinTech & Digital Transformation 1×1 Conference, August 18, 2021. Chief Financial Officer Bryan Hill and Vice President of Investor Relations Rhett Butler will host one-on-one meetings. A webcast of the company’s presentation from the KeyBanc Capital Markets event...

ScottsMiracle-Gro Announces the Appointment of Former TopBuild Corp CEO Gerald Volas to its Board of Directors

Written by Customer Service on August 3, 2021. Posted in Public Companies.

MARYSVILLE, Ohio, Aug. 03, 2021 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, announced that Gerald (Jerry) Volas has been named to its Board of Directors. Mr. Volas served as Chief Executive Officer and a director of TopBuild Corp., a leading installer and distributor of insulation products, between June 2015 and December 2020. “Jerry’s extensive operational leadership and experience with a wide-range of financial issues will be a benefit to our Company,” said Jim Hagedorn, chairman and chief executive officer. “He is a seasoned professional and I am confident that his voice on the Board will help bring continued value for our shareholders. On behalf of all the directors, I welcome him to...

Alector Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 3, 2021. Posted in Public Companies.

Presented twelve-month data from ongoing AL001 open-label Phase 2 study in FTD-GRN at the 2021 Alzheimer’s Association International Conference (AAIC) Announced global collaboration with GSK to co-develop and co-commercialize progranulin-elevating monoclonal antibodies, AL001 and AL101, for a range of neurodegenerative diseases SOUTH SAN FRANCISCO, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today reported financial results for the second quarter 2021. As of June 30, 2021, Alector’s cash, cash equivalents and investments totaled $319.6 million. “With the recent presentation of encouraging Phase 2 data for our lead program, AL001 in people with FTD-GRN, at the Alzheimer’s Association International Conference and our announcement of a significant...

Allegro MicroSystems Finalizes Sale of Thailand Manufacturing Facility

Written by Customer Service on August 3, 2021. Posted in Public Companies.

Transaction Signifies Major Milestone in Strategy to Streamline Back-End Operations Manchester, NH, Aug. 03, 2021 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced that it has finalized the sale of its manufacturing facility in Thailand (“AMTC”) to Innolight Technology (Thailand) Co., Ltd. The AMTC purchase price was approximately $27 million USD before fees and expenses. This sale is an important milestone in the execution of Allegro’s manufacturing transformation to streamline back-end operations and enhance gross margin. Allegro previously announced its facility consolidation plans as part of a multi-year strategic transformation to optimize the company’s manufacturing footprint and reduce fixed costs. In 2020, the company shared that it...

National Research Corporation Announces Second Quarter 2021 Results

Written by Customer Service on August 3, 2021. Posted in Public Companies.

LINCOLN, Neb., Aug. 03, 2021 (GLOBE NEWSWIRE) — National Research Corporation (NASDAQ:NRC) today announced results for the second quarter of 2021. Financial Results (Q2 2021 compared to Q2 2020): Total Recurring Contract Value growth of 5% to $149.8 million Revenue increased 17% to $36.4 million Operating Income increased 32% to $12.2 million We saw significant improvement in revenue growth in the second quarter which is in line with our continued focus on increasing our revenue growth rate and enabling human understanding for the clients we serve. Our primary emphasis is on organic growth levers of increasing revenue from our core offerings within our existing client base, as well as adding new clients to increase market share. As a result, revenue from our Voice of the Customer offerings increased by 29% in the second quarter...

Ashland Global Holdings Inc. announces pricing of senior notes offering by Ashland LLC

Written by Customer Service on August 3, 2021. Posted in Public Companies.

WILMINGTON, Del., Aug. 03, 2021 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today announced the pricing of an offering by its indirect, wholly owned subsidiary, Ashland LLC, of $450 million aggregate principal amount of 3.375 percent senior notes due 2031 (the “Notes”). The Notes will be senior unsecured obligations of Ashland LLC. The offering is expected to close on August 18, 2021 subject to customary closing conditions. The Notes will initially be guaranteed on an unsecured basis by Ashland Global Holdings Inc. (the “Guarantee”). Ashland intends to use the net proceeds of the offering, after deducting initial purchasers’ discounts and other fees and expenses, to redeem its obligations under its outstanding 4.750 percent senior notes due 2022, and to pay any premiums, penalties, fees and expenses associated...

Iconix Announces Conditional Notice of Redemption Concerning its Outstanding 5.75% Convertible Notes

Written by Customer Service on August 3, 2021. Posted in Public Companies.

NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) — Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today announced it has caused to be delivered a notice of full conditional redemption (the “Notice”) to the trustee of its outstanding 5.75% convertible senior notes due 2023 (the “Notes”). The Notice calls for the redemption of the $125 million initial aggregate principal amount of the Notes on August 4, 2021, and is conditioned on the consummation of the Company’s previously announced merger (the “Merger”) with Iconix Merger Sub Inc. pursuant to that certain Agreement and Plan of Merger, dated June 11, 2021, among the Company, Iconix Acquisition LLC and Iconix Merger Sub Inc. The Notice supersedes and replaces the Company’s previously announced notice of conditional redemption delivered on July 16, 2021. The redemption...

Day: August 3, 2021

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