Month: August 2021

ANNISTON, Ala., Aug. 19, 2021 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), announced today that the underwriters for Southern States’ initial public offering exercised in full their option to purchase 300,000 additional shares of common stock from Southern States at the initial public offering price of $19.00 per share, less underwriting discounts and commissions. The closing of the over-allotment option occurred today, and as a result, Southern States received a total of approximately $21.1 million in the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses. Southern States expects to use the net proceeds for general corporate...

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Kameen Limited (“Kameen“) announced today that it has filed an early warning report under National Instrument 62-103 in connection with the closing of the previously announced qualifying transaction (the “Transaction“) of OOOOO Entertainment Commerce Limited (formerly Evermount Ventures Inc.) (“OOOOO Entertainment Commerce“). Pursuant to the Transaction, among other things, in exchange for its ordinary shares in Video Commerce Group Limited, Kameen received an aggregate of 8,477,058 subordinate voting shares of OOOOO Entertainment Commerce (the “Subordinate Voting Shares“), representing 13.8% of the issued and outstanding Subordinate Voting Shares. Prior to the Transaction, Kameen did not hold any Subordinate Voting Shares...

CHICAGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will host its first investor day on Wednesday, September 22, 2021 beginning at 9am CT. Please join our executive team for a discussion of the vision, people and product that we believe will strengthen our foundation and position the company to capitalize on a large and growing opportunity ahead. Registration for the virtual-only event can be found at http://sproutsocial.com/investor-day and the event will also be webcast live in this location. Following the presentation, an archived replay will be made available at http://investors.sproutsocial.com. About Sprout Social Sprout Social offers deep social media listening and...

LAFAYETTE, Ind., Aug. 19, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today announced that its Board of Directors has authorized the company to repurchase up to an additional $150 million of its common stock through August 2024, representing approximately 20 percent of the company’s current market capitalization. This is an increase to the existing repurchase program approved in November 2018, of which approximately $1 million was available as of August 19, 2021. Brent Yeagy, president and chief executive officer, said, “Since 2015, we have returned approximately $360 million to our stockholders through discretionary repurchase authorizations. This is the largest stock repurchase authorization in the company’s history and reflects the level of confidence we have in our strategic plan, our ability to deliver...

VICTOR, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2021 Barclays Global Consumer Staples Conference on Wednesday, September 8, 2021. The presentation is scheduled to begin at noon ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, as well as outlook for the future. A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported (GAAP) financial measures...

Highly Accomplished Visionary with Proven Track Record of Leading Healthcare Businesses Cerner Board Separates Chairman and CEO Roles and Names William Zollars Chairman of Board of Directors KANSAS CITY, Mo., Aug. 19, 2021 (GLOBE NEWSWIRE) — Cerner Corporation (Nasdaq: CERN) today announced that its Board of Directors has appointed David Feinberg, M.D., MBA, as President and Chief Executive Officer, effective October 1, 2021. He succeeds Brent Shafer, who previously announced his decision to transition from chairman and CEO. Dr. Feinberg will serve as a member of the Board of Directors. Cerner’s current President, Donald Trigg, will leave Cerner. Cerner’s Board of Directors also announced that it will separate the roles of chairman and Chief Executive Officer and has appointed William Zollars as independent chairman, also effective...

SIKA TO DIVEST EUROPEAN INDUSTRIAL COATINGS BUSINESS Sika has agreed to sell its European industrial coatings business, based in Germany, to The Sherwin-Williams Company, the US-based global leader in paints and coatings. In 2020, the business segment generated sales of approximately CHF 75 million. The transaction is expected to close in the beginning of 2022. Sika has taken the strategic decision to divest its European industrial coatings business. The business offers a wide portfolio of innovative products and solutions primarily sold to specialized customer groups such as steel construction companies or anticorrosion experts. These customer segments provide little synergy potential on a Group-wide level and the business has remained a specialized niche within the Sika Group. The transaction includes the European industrial coatings...

WESTCHESTER, Ill., Aug. 19, 2021 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today announced the appointment of Catherine Suever to its board of directors, effective August 17. “Catherine is an accomplished executive who brings more than 35 years of strategic, global financial experience and proven leadership to our board,” said Jim Zallie, Ingredion’s president and chief executive officer. “Her deep understanding of business and financial operations and board experience will strengthen our board’s decision making as we work to deliver long-term value for our shareholders.” “On behalf of the board of directors, I am delighted to welcome Catherine to the board,” said Gregory Kenny, Ingredion’s chairperson of the Board....

Immunization with a protein-based immunogen, DYAI-100, a receptor binding domain (RBD) of SARS-CoV-2, resulted in potent B cell immunity in preclinical studies, with strong serological recognition of the original SARS-CoV-2 virus and major variants of concern (Alpha, Beta, Gamma, and Delta; “VOCs”). The sera of vaccinated mice demonstrated potent neutralization of viral infection by the original SARS-COV-2 and major VoCs, such as Beta and Delta, and to a lesser extent Gamma in vitro in a live virus challenge Vero-E6 cell model. Sorrento and its collaboration partner, Dyadic International, Inc., are working together to complete the IND-enabling studies for IND submission for human vaccination trials globally. A MultiValent RBD-based vaccine utilizing the RBDs from SARS-CoV-2 and its major VoCs is in development to potentially serve as...