Month: August 2021

Board of Directors Declares Special Cash Dividend of $0.41 per share, returning $25 Million of Capital to Stockholders SYRACUSE, N.Y., Aug. 12, 2021 (GLOBE NEWSWIRE) — Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today reported its financial results for the second quarter ended July 4, 2021 Highlights for the Second Quarter of 2021 versus the Second Quarter of 2020 Include:Total restaurant sales increased 15.2% to $424.5 million compared to $368.4 million in the second quarter of 2020; Comparable restaurant sales for the Company’s Burger King® restaurants increased 12.6%; Comparable restaurant sales for the Company’s Popeyes® restaurants decreased 5.3%; Adjusted EBITDA(1) decreased to $29.3 million from $38.0 million in the prior year quarter; Adjusted Restaurant-Level EBITDA(1) decreased to...

PHOENIX, Aug. 12, 2021 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended June 30, 2021. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies.  QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile.  Highlights for Q2 2021 include the following:Quarterly...

VANCOUVER, British Columbia, Aug. 12, 2021 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (“SBBC” or the “Company“) (TSX Venture: SBBC) announces today that it has elected to pay the second quarterly payment to BLIC Holdings LLC (the “Advisor“) for services rendered pursuant to the previously-announced advisory agreement (the “Agreement“) dated February 18, 2021. Pursuant to the Agreement, the Company has elected to pay the second quarterly payment through the issuance of 16,447 Common Shares at a deemed price of USD$4.56, subject to approval of the TSX Venture Exchange. About Simply Better Brands Corp. Simply Better Brands Corp. leads an international omni-channel platform with diversified assets in the emerging plant-based and holistic wellness consumer product categories. The Company’s...

Barranquilla, Colombia, Aug. 12, 2021 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that its Chief Executive Officer, José Manuel Daes and Chief Operating Officer, Chris Daes, will be joined by members of the Company’s board of directors and senior management to ring the NASDAQ Stock Market Opening Bell at 9:30 a.m. EST (8:30 a.m. Bogota, Colombia time) on Friday, August 20, 2021. “We are honored to be invited to ring the Opening Bell at NASDAQ,” commented Mr. José Manuel Daes. “Our successful record of high return investments has helped to cement Tecnoglass as a global leader in architectural windows and...

Reported promising new interim data on both ZN-c3 and ZN-c5, highlighting their potentially best-in-class profiles Dosed the first patient in a potentially registrational Phase 2 trial of ZN-c3 in patients with uterine serous carcinoma (USC) Raised approximately $173 million in gross proceeds from recent follow-on offering NEW YORK and SAN DIEGO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Zentalis Pharmaceuticals, Inc. (Nasdaq: ZNTL), a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers, today announced financial results for the second quarter ended June 30, 2021 and highlighted recent corporate accomplishments. “We have had an extremely productive second quarter, marked by significant clinical and regulatory advances that were outlined...

Combined Company Will Monetize Wasted Renewable Energy Production from Wind & Solar Farm Owners ALBANY, N.Y., Aug. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Mechanical Technology, Incorporated (“MTI”), (NASDAQ: MKTY), today announced that it and its wholly-owned subsidiary EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, have entered into agreements for EcoChain to acquire Soluna Computing, Inc. (“SCI” or “Soluna”). Upon closing of the transaction, SCI will become a wholly owned subsidiary of EcoChain (together, the “Combined Company.”) The combination will allow SCI to more easily access the capital and resources necessary to scale its renewable energy-powered data center solution more quickly and efficiently. Upon closing of the transaction, MTI plans to change its name...

Net Income of $25.6 million Adjusted EBITDA Increases 10.5% to $75.7 million Same Store Merchandise Sales Increase 2.4% and 7.4% on a Two-Year Stack Basis* Same Store Merchandise Sales Excluding Cigarettes Increase of 4.3% and 10.2% on a Two-Year Stack Basis* RICHMOND, Va., Aug. 12, 2021 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a growing leader in the U.S. convenience store industry, today announced financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Key Highlights*Operating income of $45.8 million for the quarter compared to $47.7 million in second quarter of 2020 Net income for the quarter of $25.6 million compared to $32.5 million for the second quarter of 2020 Adjusted EBITDA of $75.7 million, or a 10.5% increase compared to the prior year period, supported by strong...

Else Toddler Nutrition to be available at Nation’s Largest Grocery Retailer’s online store by Q4 2021 VANCOUVER, British Columbia, Aug. 12, 2021 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY.V) (BABYF) (0YL.F) (“Else” or the “Company”) the plant-based baby, toddler and children nutrition company, announces that it has signed an online distribution agreement with Walmart.com and will be expanding into Walmart’s E-commerce (Walmart.com) marketplace by Q4, 2021 with its Plant-Based Complete Nutrition products for Toddlers. “Entering Walmart.com is a highly significant milestone for the Company,” said Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition. “The sheer size of Walmart.com will allow us to reach thousands of new families and enable us to scale significantly over the next 3 years,” she added. According...

Announced co-development and co-commercialization collaboration with GSK for anti-TIGIT monoclonal antibody EOS-448 (GSK’859); $625MM upfront payment in addition to $1.45B in potential milestones, 40/60 cost-sharing of global development, 50/50 profit share in the US, and royalty payments on ex-US salesPresented initial clinical data for EOS-448 at AACR 2021 demonstrating target engagement, promising early monotherapy anti-cancer activity and tolerability at all dose levelsUpdated data from Phase 1/2a trial of inupadenant (EOS-850) presented at ASCO 2021 show evidence of durable monotherapy anti-cancer activity, and a correlation between the expression of A2AR and clinical outcomesCash balance of $302.9MM as of June 30, 2021; Subsequent to June 30, received $625MM upfront payment from GSK, providing cash runway into 2026Company...

1906, a cannabis product innovator, is the creator of highly functional formulations that combine moderately-dosed cannabis with targeted plant medicines TILT to launch 1906 Drops in Pennsylvania and Ohio, as well as the 1906 line of chocolates in the Massachusetts market PHOENIX, Aug. 12, 2021 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of business solutions to the cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced a multi-state licensing agreement with cannabis product innovator brand 1906 (“1906”). Through its subsidiaries Standard Farms, LLC in Pennsylvania, Standard Farms Ohio, LLC and Commonwealth Alternative Care, Inc. (“CAC”) in Massachusetts, TILT will provide full-service...