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Month: August 2021

World Insurance Associates Acquires Rocco Rose

Tinton Falls, NJ, Aug. 09, 2021 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced today that it acquired Rocco Rose of Brockton, MA on August 1, 2021. Terms of the transaction were not disclosed. Rocco Rose is a well experienced insurance provider that has been covering Massachusetts residents for over 40 years. They provide a comprehensive list of competitive insurance policies and coverage options to individuals and businesses. “We pride ourselves with continuously striving to maintain our quality customer service as well as highly competitive rates,” says Brian Egan, Owner, Rocco Rose. “As individuals, we believe that each person’s needs are unique, and that’s why we work with our clients on a personalized basis.” “We use the knowledge gained from responding to our clients’ comments...

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3D Systems Reports Second Quarter 2021 Financial Results

ROCK HILL, S.C., Aug. 09, 2021 (GLOBE NEWSWIRE) — 3D Systems Corporation (NYSE:DDD) announced today its financial results for the second quarter ended June 30, 2021. Second Quarter Financial and Operational ResultsRevenue of $162.6 million reflects double-digit growth on a consecutive-quarter and year-over-year basis Adjusted for divestitures, revenue was 11.4% higher than second quarter 2019 reflecting acceleration beyond pre-pandemic performance levels, a key indicator of business strength Strong gross margins and operating efficiencies drove significantly improved profitability, with Adjusted EBITDA margin of 12.4%, GAAP loss per share of $0.08 and non-GAAP earnings per share of $0.12 Financial performance yielded positive operating cash flow of $13.5 million to support ongoing investments for organic growth Announced agreements...

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Fluent Announces Second Quarter 2021 Financial Results

  • Q2 2021 revenue of $73.4 million, up 3% over Q2 2020  • Net loss of $5.2 million, or $0.06 per share  • Media margin of $20.1 million, down 19% over Q2 2020 and representing 27.4% of revenue  • Adjusted EBITDA of $1.9 million, representing 2.5% of revenue  • Adjusted net loss of $1.9 million, or $0.02 per shareNEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the second quarter ended June 30, 2021. Don Patrick, Fluent’s Interim Chief Executive Officer, commented, “Fluent’s results in the second quarter reflect accelerated investment in our strategic priority of enhancing quality across our marketplace. With our founding team now fully positioned on the front lines of our business, we accelerated...

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Thunder Bridge Capital Partners IV, Inc. Announces Closing of Underwriters’ Option to Purchase Additional Units in Connection with Initial Public Offering

New York, NY , Aug. 09, 2021 (GLOBE NEWSWIRE) — Thunder Bridge Capital Partners IV, Inc. (NASDAQ: THCPU) (the “Company”) announced today that it closed the issuance of an additional 1,152,784 units pursuant to the exercise of the underwriters’ option to purchase additional units in connection with its initial public offering at $10.00 per unit, resulting in gross proceeds of $11,527,840 and bringing the total gross proceeds of the initial public offering to $236,527,840. The Company’s units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “THCPU” on June 30, 2021. Each unit consists of one share of the Company’s Class A common stock and one-fifth of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50...

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Lakewood Exploration to Acquire the Eliza Silver Project in the Historic Hamilton District and the Silverton Silver Mine in Nevada’s Prolific “Silver Alley”

Figure 1Longwave infrared Aster image of central Nevada, showing same thermal response as Round Mountain mine (left) and Silverton project area (right).Figure 2Silverton area map including other mines in the area.NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) — Lakewood Exploration Inc. (CSE: LWD) (the “Company” or “Lakewood”) is pleased to announce that it has entered into a share purchase agreement dated effective August 9, 2021 between the Company, 1304562 B.C. Ltd. (“BCCO”) and the sole shareholder of BCCO (the “Definitive Agreement”), pursuant to which the Company will acquire 100% of the issued and outstanding shares of BCCO (the “Proposed Transaction”). BCCO owns a 100% interest...

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ESCO Announces Acquisition of Two Companies for the Utility Solutions Group

– Previously Announced Altanova Deal Closed on July 29, 2021 – Phenix Technologies, Inc. Acquired on August 9, 2021 – St. Louis, Aug. 09, 2021 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) today announced that it completed the acquisition of I.S.A Altanova Group S.R.L. (Altanova) on July 29, 2021 and that it has acquired the assets of Phenix Technologies, Inc. (Phenix). These are two leading assets in the power and utility markets. These companies will combine with ESCO’s existing Utility Solutions Group (USG) business to create a stronger and more global platform for growth. For more information on the history of Altanova and their product portfolio and global presence, please see our press release dated May 20, 2021. Phenix is a leading designer and manufacturer of stationary and portable high voltage,...

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INDUS Announces Agreement to Acquire Land for Development

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $2.25 million, approximately 10.6 acres of undeveloped land in the Lehigh Valley of Pennsylvania (the “Lehigh Valley Land”). Under the terms of the Purchase Agreement, INDUS expects to close on the Lehigh Valley Land upon receipt of the requisite entitlements, estimated to be during the first half of fiscal 2022. Subsequent to closing on the Lehigh Valley Land, INDUS expects to begin construction, on speculation, of an approximately 90,000 square foot industrial/logistics building. Michael Gamzon, President and Chief Executive Officer of INDUS, commented, “We are thrilled to expand...

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Proactive news headlines including Willow Biosciences, Cardiol Therapeutics, Karora Resources, PsyBio Therapeutics, and Gevo

New York, Aug. 09, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Willow Biosciences ends 2Q with C$40.7M in cash to support full commercialization of proprietary high-purity CBG in 2022 Cardiol Therapeutics receives final approval to list its common shares on NASDAQ from August 10, 2021 Sanatana says scout drilling reveals continuous gold-bearing structure at North Shaft Prospect in Ontario Karora Resources reports record 2Q gold production, remains on target to meet 2021 guidance Canada Silver Cobalt Works announces continued expansion at Castle East with three new, high-grade intersections Gatling Exploration reveals high-grade gold intercepts of up to 25.3 g/t at the Bear deposit on the Larder project Noble...

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Sorrento Unveils Overview of Its MultiValent mRNA COVID-19 Vaccine Development Program

SAN DIEGO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”), a clinical and commercial stage biopharmaceutical company developing new therapies to treat cancer, pain and COVID-19, announced today the availability of a presentation on its corporate website to provide an overview of Sorrento’s proprietary mRNA vaccine development program for COVID-19. Highlights of the presentation include:MultiValent COVID Vaccine candidate comprised of proprietary designer Spike-encoding mRNAs designed to elicit cellular and humoral immunity against the early WA-1 virus as well as the predominant variants of concern (VOCs), Alpha, Beta, Gamma, Delta, and Lambda.mRNA construct engineered to remove a furin cleavage site in the native spike protein. This cleavage site could potentially lead to...

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WRAP Publishes Initial Environmental, Social and Governance Letter

TEMPE, Ariz., Aug. 09, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today published its initial Environment, Social and Governance (ESG) letter to stakeholders. The letter outlines the WRAP’s commitment and initiatives across a diverse range of topics that the Company is currently tracking in its ESG program, including diversity across WRAP’s board, executive management, and employees, as well as goals and objectives for future reports. “I am excited about WRAP’s commitment to ESG and our desire to incorporate it into everything we do,” said WRAP President and CEO Tom Smith. “WRAP’s core mission and purpose have been to drive public safety towards progress and facilitate better policing outcomes...

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