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Day: August 4, 2021

Worksport Announces Pricing of Upsized $18.0 Million Public Offering, Uplisting to Nasdaq and Reverse Stock Split

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — Worksport Ltd. (OTC: WKSP) (“Worksport” or the “Company”), a company that designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada, including Tonneau covers that provide security and protection for cargo to personal pickup truck owners, today announced the pricing of its underwritten public offering of 3,272,727 units at a price to the public of $5.50 per unit. Each unit issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $6.05. The common stock and warrants are immediately separable and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market on August 4, 2021, under the symbols “WKSP” and “WKSPW,”...

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Option Care Health Announces Upsizing and Pricing of Secondary Offering of 18,000,000 Shares of Common Stock

BANNOCKBURN, Ill., Aug. 03, 2021 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 18,000,000 shares of the Company’s common stock at a price to the public of $20.25 per share in an underwritten public offering. The number of shares of common stock to be sold was increased to 18,000,000 shares from the previously announced 15,000,000 shares. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 2,700,000 additional shares of common stock. The offering is expected to close on August 5, 2021, subject to customary closing conditions. The Company will not receive any proceeds from the offering. This sale of shares represents approximately...

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Smart Sand, Inc. Announces Second Quarter 2021 Results

2Q 2021 revenue of $29.6 million 2Q 2021 total tons sold of approximately 767,000 2Q 2021 net cash provided by operating activities of $32.6 million 2Q 2021 free cash flow of $29.7 millionTHE WOODLANDS, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND) (the “Company” or “Smart Sand”), a fully integrated frac sand supply and services company, a low-cost producer of high quality Northern White raw frac sand and provider of proppant logistics solutions through both its in-basin transloading terminal and SmartSystems™ products and services, today announced results for the second quarter 2021. Charles Young, Smart Sand’s Chief Executive Officer, stated “We are pleased to have put the U.S. Well Service lawsuit behind us with the favorable judgement and our negotiated settlement of $35 million in cash. This brings...

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Gran Tierra Energy Inc. Announces Second Quarter 2021 Results

Achieved Second Quarter 2021 Average Total Production of 23,035 BOPD, Up 14% Year-Over-Year Reaffirms 2021 Full-Year Production Guidance of 27,500-28,500 BOPD and Capital Program of $130-150 MillionReaffirms 2021 Full-Year Budget Guidance: Cash Flow2 of $215-235 Million, Free Cash Flow2 of $75-95 Million, EBITDA1 of $265-285 MillionForecasts Second Half 2021 Free Cash Flow2 of $100-120 MillionCredit Facility Balance Paid Down To $175 MillionCALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended June 30, 2021 (“the Quarter“). All dollar amounts are in United States dollars and production amounts are on an average...

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