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Month: August 2021

Great Elm Capital Corp. Announces Record and Payment Dates For Third Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

WALTHAM, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its third quarter 2021 distribution of $0.10 per share in cash is payable on September 30, 2021 to stockholders of record as of September 15, 2021. About Great Elm Capital Corp. Great Elm Capital Corp. is an externally managed, specialty finance company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Cautionary Statement Regarding Forward-Looking Statements Statements in this communication that are not historical...

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NextPlay Technologies Enters into Agreement to Acquire AI-Powered Video Game Development Technology from Fighter Base Publishing, Inc.

SUNRISE, FL, Aug. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, today announced it has entered into an agreement to acquire from Fighter Base Publishing, Inc. (FBP), the assets and AI-powered video game development platform of FBP’s wholly-owned division, Make It Games™. Make It Games (MIG) enables developers to create video games powered by artificial intelligence (AI). Its technology supports the training of virtual characters to be more lifelike in appearance and behavior. Proprietary AI animation tools help program game or film characters to fully animate themselves, saving as much as 70 percent of the typical time and cost of animation. Fighter Base Publishing was founded by Mark Vange,...

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Agtech Global International Inc’s Company Name Change to Galexxy Holdings Inc.

Newport Beach, California, Aug. 23, 2021 (GLOBE NEWSWIRE) — Agtech Global International Inc. (OTC Pink: AGGL) is pleased to announce that on August 19, 2021, the Board of Directors of AgTech Global International, Inc., a Nevada corporation (the “Company”) with the approval of its board of directors and a majority of its shareholders by written consent in lieu of a meeting, filed a Certificate of Amendment with the Secretary of State of Nevada.  As a result of the Certificate of Amendment, the Company has changed its name to “Galexxy Holdings, Inc.”. The Certificate of Amendment specifies that the effective date of the Name Change with the Nevada Secretary of State is August 19, 2021; however, the effectiveness of the Name Change is subject to approval by FINRA. The Company is submitting an Issuer Company-Related Action...

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Ultragenyx Announces Approval of Dojolvi® (triheptanoin) in Brazil for the Treatment of Long-chain Fatty Acid Oxidation Disorders in Adults and Children

Dojolvi is the only approved therapy for this rare, life-threatening metabolic disorder NOVATO, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development of novel products for serious rare and ultra-rare genetic diseases, today announced that Brazil’s National Health Surveillance Agency (ANVISA) has approved Dojolvi® (triheptanoin) as a source of calories and fatty acids for the treatment of pediatric and adult patients with molecularly confirmed long-chain fatty acid oxidation disorders (LC-FAOD). “Patients with LC-FAOD face frequent hospitalizations and major medical events with limited options to support management of their disease,” said Eduardo Thompson, Senior Vice President and Regional Head, Latin America at Ultragenyx. “This approval of...

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Herborium® Targets $6.5 Billion French Amazon Market for its unique AcnEase® Botanical Therapeutic® and its New Skin Protein Bar

Revenues Expected to Commence in 4th Quarter of 2021. Houston , Aug. 23, 2021 (GLOBE NEWSWIRE) — Houston, Texas, 08/23/2021. Herborium Group, Inc.  (OTC Pink: HBRM),  a Botanical Therapeutics Company and the provider of unique, all botanical medicinal products with a strong records of efficacy and safety, (Botanical Therapeutics®),  announced today that it expects to commence the sales of its proprietary Botanical Therapeutic® AcnEase®, its line of skin stem cell products, as well as its new Skin Protein Bar on French Amazon as soon as in a Fall of 2021.  Amazon France is the largest on-line retailer in France with 2020 revenues reaching $6.5 billion. In addition, on-line sales of skincare products in France skyrocket 123% in 2020, while on-line sales of body care grew an astounding 225%. Proprietary AcnEase formula has been proven...

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Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets (collectively, the “Underwriters”), on a bought deal basis. A total of 9,918,750 Units were issued at a price of $11.30 per Unit pursuant to the Offering for total gross proceeds to the REIT of $112,081,875 which includes the gross proceeds from the exercise in full of the over-allotment option granted to the Underwriters to purchase 1,293,750 Units. The REIT intends to use the net proceeds from the Offering...

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Enstar Group Limited Announces Expiration and Results of Cash Tender Offer For Senior Notes Due 2022

HAMILTON, Bermuda, Aug. 23, 2021 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the expiration and final results of its previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 4.500% Senior Notes due 2022 (the “Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on August 20, 2021 (the “Expiration Time”). The principal amount of the Notes that was validly tendered and not validly withdrawn in the Tender Offer as of the Expiration Time according to information provided by D.F. King & Co., Inc., the Information and Tender Agent for the Tender Offer, is set forth in the table below.Title of Notes CUSIPNumber/ISIN Principal AmountOutstanding AggregatePrincipal AmountTendered4.500% Senior Notes due 2022 29359U AA7 / US29359UAA79 $350,000,000 $69,556,000       Enstar expects...

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Interim Report for 1 January-30 June 2021 (H1)

Company Announcement No 40/2021 – 23 August 2021Strong momentum in Q2 and full-year guidance raisedFor the first half of the financial year, organic volume growth was 13% (Q2: 12%) supported by less restrictions related to COVID-19 in H1 2021 compared to H1 2020. As a result, organic revenue growth in H1 2021 was also 13% (Q2: 16%)In Q2 2021, EBIT increased by 13% to DKK 521 million (Q2 2020: DKK 463 million), resulting in an EBIT margin of 22.7% (Q2 2020: 23.4%) For the first half of the year, EBIT increased by 13% to DKK 750 million (H1 2020: DKK 663 million), resulting in an EBIT margin of 19.2% (H1 2020: 19.2%). EBIT is thereby 6% higher than in H1 2019, i.e. before COVID-19 broke outFree cash flow increased by DKK 123 million and was DKK 785 million (Q2 2020: DKK 662 million) increasing first-half free cash flow to DKK 683...

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Northrop Grumman Corporation Announces Results of Early Participation in Exchange Offers and Consent Solicitations

FALLS CHURCH, Va., Aug. 23, 2021 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today the results of early participation in connection with its previously announced (A) offers to exchange (the “Exchange Offers”) any and all outstanding notes of Northrop Grumman Systems Corporation (“NGSC”), as set forth in the table below (the “Existing Notes”), for (1) up to $1,171,189,000 aggregate principal amount of new notes issued by Northrop Grumman (the “New Notes”) and (2) cash, and (B) related consent solicitations being made by Northrop Grumman and NGSC (the “Consent Solicitations”) to (1) adopt certain amendments to each of the indentures governing the Existing Notes (the “Indenture Amendments”) and (2) except with respect to NGSC’s 7.750% Debentures due 2031, amend and terminate each of the...

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VivoPower International PLC Announces Rebrand and Power-to-X Strategy for U.S. Solar Business

LONDON, Aug. 23, 2021 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to advise that the Company has rebranded its U.S. solar development unit, formerly known as Innovative Solar Ventures I LLC, renaming the business Caret LLC (“Caret”) coupled with a new Power-to-X strategy for the business unit, in order to maximize value with a view to a future potential exit (as has been previously announced). Caret comprises 12 development stage solar projects totaling 682 MW-DC, of which 11 are in Texas and one is in New Mexico. The projects are geographically diversified and strategically located in areas with relatively low solar project penetration. Each of the Caret projects has reached mid- to late-stage development status, with major interconnection and environmental studies completed...

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