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Day: August 5, 2021

LSI Industries Inc. Announces Fourth Quarter and Full-Year Fiscal 2021 Results Conference Call Date

CINCINNATI, Aug. 05, 2021 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and graphics solutions, today announced that it will release fourth quarter and full-year fiscal 2021 results before the market opens on Thursday, August 19, 2021. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register,...

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Neuronetics Announces Appointment of Megan Rosengarten to its Board of Directors

MALVERN, Pa., Aug. 05, 2021 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced the appointment of Megan Rosengarten as a new member of its Board of Directors. Following her appointment, the Neuronetics’ Board of Directors now has eight members. “I am very pleased to have Megan join Neuronetics’ Board of Directors,” said Keith Sullivan, President and Chief Executive Officer of Neuronetics, Inc. “Her background in medical technology product development, marketing, and strategic communications sets her apart as a highly qualified individual who will help guide Neuronetics as we continue to seek to grow our leadership position and...

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Qilian International Holding Group Limited Signs Agreement with District Government, Settling the Project in Local High-tech Zone

Jiuquan, China, Aug. 05, 2021 (GLOBE NEWSWIRE) — Qilian International Holding Group Limited (Nasdaq: QLI) (the “Company”), a China-based pharmaceutical and chemical products manufacturer, today announced that the Company, through its PRC subsidiary Chengdu Qilianshan Biotechnology Co., Ltd. (“Chengdu QLS”), entered into an agreement (the “Agreement”) with Chongqing Tongnan District Government (“CTDG”). Pursuant to the Agreement, the Company’s new pig by-product processing facility (the “Project”) will be located in Tongnan High-tech Zone. CTDG agrees to provide the Company with preferential policies and support funds. The Company chose to locate the Project in Tongnan High-tech Zone as it plans to increase its R&D efforts to boost the production of heparin sodium preparations. The Company expects to generate additional income...

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SROA Capital Fund VIII acquires 100% ownership stake in StayLock Storage

West Palm Beach, FL, Aug. 05, 2021 (GLOBE NEWSWIRE) — SROA Capital Fund VIII announced today that they have closed the purchase of 100% ownership stake in the company from St. Louis-based management and investment firm Cequel III and St. Louis-based private equity firm Thompson Street Capital Partners.  The sale price was not disclosed. “Acquiring large, regional operators like StayLock Storage is a core part of our rollup strategy to open new markets, to overlay our operational expertise, and to send our dedicated in-house acquisitions team into these new markets to continue to bolt on and invest in smaller, independent self-storage operators”, says Benjamin S. Macfarland III, CEO of SROA Capital.  SROA Capital Fund VIII sees the opportunity to further enhance operations through rebranding the portfolio to Storage Rentals of America...

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Chart Industries Announces the Formation of ChartWater™ Division Within Specialty Products

ATLANTA, Aug. 05, 2021 (GLOBE NEWSWIRE) — Chart Industries, Inc. (“Chart”) (NYSE: GTLS) announced today the formation of ChartWater™, a division of Chart Industries within the Specialty Products segment, focused on leveraging its core engineering and manufacturing expertise along with its global footprint, to bring additional innovative water treatment solutions to market. ChartWater™ further solidifies Chart’s position in the growing water treatment space while establishing the framework for organic and inorganic expansion as it continues to invest in growth platforms focused on providing sustainable solutions for a wide variety of industries and applications. “We recognize the importance and magnitude of the challenges at the nexus of society’s clean energy and clean water needs globally,” said Chart Industries CEO and President...

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22nd Century Group to Begin Trading on Nasdaq on August 16, 2021

BUFFALO, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and hemp/cannabis research, announced today that its common stock has been approved for uplisting to the Nasdaq Capital Market effective as of the market open on August 16, 2021. The shares will continue to trade under the ticker symbol “XXII.” “While remaining dedicated to our primary mission to reduce the harm caused by smoking, uplisting to the Nasdaq also aligns 22nd Century with other high-achieving, innovative, and growth-oriented global science and technology companies,” said James A. Mish, chief executive officer of 22nd Century Group. “We believe that joining the Nasdaq will enhance our visibility to a wide audience of institutional...

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HCI Group Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of TypTap Insurance Group, Inc.

TAMPA, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE:HCI) today announced that its subsidiary, TypTap Insurance Group, Inc., has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of TypTap’s common stock. The size and price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the completion of the SEC review process, subject to market and other conditions. There is no assurance that the initial public offering will be completed. This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”) and does not constitute an offer to sell, or the solicitation...

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Certara to Acquire Pinnacle 21, a Leader in Data Standardization Software for Pharmaceutical Clinical Data

Transaction expected to be accretive to Certara’s revenue, revenue growth and adjusted EBITDA margin PRINCETON, N.J., Aug. 05, 2021 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, today announced it has signed a definitive agreement to acquire Pinnacle 21 for $310 million in cash and stock. Pinnacle 21’s software tools are used to validate compliance to the Clinical Data Interchange Standards Consortium (CDISC) standards, which is required by the US Food & Drug Administration (FDA) and Japan’s Pharmaceuticals and Medical Devices Agency (PMDA) for drug submissions and preferred by China’s National Medical Products Administration (NMPA). “We are excited to welcome Pinnacle 21 to Certara as we execute on our strategy to invest in innovation to increase the use cases of biosimulation and grow...

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Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO and BPYPN preferred units of $0.40625 per unit, $0.39844 per unit and $0.35938 per unit, respectively, payable on September 30, 2021, to holders of record at the close of business on September 1, 2021. In addition, the distributions on the new series of preferred units of Brookfield Property Preferred L.P. (NASDAQ: BPYPM; TSX: BPYP.PR.A) are cumulative from the date of original issue (July 26, 2021) and are payable quarterly in arrears. The Board of Directors has declared the pro-rated initial distribution on...

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STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Fourth Quarter and Record Full Year Operating Results

MILWAUKEE, Aug. 05, 2021 (GLOBE NEWSWIRE) — STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter and full year ended June 27, 2021. The comparative prior year fourth quarter operating results were significantly impacted by the COVID-19 virus which is further described in this press release. Fourth Quarter Overview Net sales for the Company’s fourth quarter ended June 27, 2021 were $110.1 million, compared to net sales of $42.1 million for the fourth quarter ended June 28, 2020. Net income for the current year quarterly period was $2.9 million, compared to a net loss of $10.5 million in the prior year fourth quarter. Diluted earnings per share for the current year quarterly period were $0.75 compared to diluted loss per share of $2.80 in the prior year quarter. Both the current...

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