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Month: September 2021

Amlan International Grows APEC Region With Addition of Betty Yuriko as Indonesia Country Manager

Betty YurikoBetty Yuriko, Indonesia Country Manager, Amlan InternationalCHICAGO, Sept. 30, 2021 (GLOBE NEWSWIRE) — Amlan International, a global leader in natural, mineral-based feed additives for poultry and swine production, continues to bolster its operations in Indonesia with the addition of Betty Yuriko as country manager. With 27 years of experience in the poultry and swine industry, Betty joins the Indonesia team to lead company growth and distribution strategy. Indonesia has the world’s fourth-largest population, with demand for animal protein rapidly increasing. With decades of animal health experience, Betty will play a vital role in helping producers incorporate Amlan’s novel mineral-based feed additive technology to ensure long-term customer value and profitability. With the recent issuance of a patent...

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Patriot Battery Metals Comments on Recent Market Activity

VANCOUVER, British Columbia, Sept. 30, 2021 (GLOBE NEWSWIRE) — Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: RGDCF) (FSE: R9GA) wishes to make the following statements regarding recent market activity concerning its common shares (the “Common Shares”) traded on the OTCQB marketplace. On September 27, 2021, the Company was informed by OTC Markets of several promotional materials that presented a general overview of the Company and the lithium mining industry, recent press releases regarding its drilling operations and encouraged investors to purchase or trade the Company’s Common Shares. The Company believes that the promotion may have had some impact on market activity, but that a recent stock price increase and trading activity are due primarily to the Company’s news released on September 16 and...

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AeroCentury Corp. Announces Closing of Securities Purchase Agreement

PALO ALTO, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), today announced the closing of the sale of an aggregate 2,870,927 shares of Common Stock of the Company at $3.85 per share, for an aggregate cash purchase price of approximately $11 million (the “Transaction”) pursuant to the Securities Purchase Agreement (the “Securities Purchase Agreement”) between and among Yucheng Hu, Hao Yang, Jing Li, Yeh Ching, Yu Wang, TongTong Ma, Qiang Zhang, Yanhua Li, and Yiyi Huang (collectively, the “Plan Sponsors”) and AeroCentury. The Transaction was previously approved by the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) on August 31, 2021. Upon consummation of the Transaction, the Plan Sponsors became holdersEx of approximately 65% of the outstanding...

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Zoom Announces Termination of Merger Agreement with Five9

SAN JOSE, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that Zoom and Five9 have mutually terminated the merger agreement executed by the parties on July 16, 2021. At Five9’s special meeting of stockholders held on September 30, 2021, Five9 did not obtain the requisite stockholder support for the merger agreement. As a result, Zoom and Five9 each had the ability to terminate the merger agreement. “While we were excited about the benefits this transaction would bring to both Zoom and Five9 stakeholders, including the long-term potential for both sets of shareholders, financial discipline is foundational to our strategy,” said Eric S. Yuan, Chief Executive Officer and Founder of Zoom. “The contact center market remains a strategic priority for Zoom, and we are confident in...

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Lordstown Motors Provides Production and Financial Update

LORDSTOWN, Ohio, Sept. 30, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or the “Company”), a provider of electric light duty trucks focused on the commercial fleet market, today announced that the Company and Hon Hai Technology Group (“Foxconn”) (TWSE: 2317) have reached an agreement in principle to work jointly on electric vehicle programs in the Company’s assembly plant in Lordstown, Ohio.  In connection with this announcement, the Company is today updating its production plan and financial outlook. Production of the Endurance™ – The Lordstown Motors team continues to move forward with its plan to build a limited number of vehicles for testing, validation, verification and regulatory approvals during the balance of 2021 and the first part of 2022. In light of the Foxconn agreement,...

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Lordstown Motors and Hon Hai Technology Group Announce Agreement in Principle

Partnership to work jointly on scalable electric vehicle programs at Lordstown Motors’ assembly plant in Ohio LORDSTOWN, Ohio, Sept. 30, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (“Lordstown Motors”) (Nasdaq: RIDE), a provider of electric light duty trucks focused on the commercial fleet market, and global technology company Hon Hai Technology Group (“Foxconn”) (TWSE: 2317), today announced that it has reached an agreement in principle to work jointly on Lordstown Motors’ electric vehicle programs in Lordstown Motors’ 6.2 million square foot production and assembly plant in Lordstown, Ohio. Beyond certain customary provisions, the Agreement is non-binding and subject to the negotiation and execution of definitive agreements. The parties on the same date have entered into a subscription agreement, under which Foxconn will purchase...

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Ceres Acquisition Corp. Announces the Mutually Agreed Termination of Its Business Combination Agreement With SH Parent, Inc.

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) today announced the mutually agreed termination, effective immediately, of its Business Combination Agreement dated February 21, 2021 (the “BCA”) with SH Parent, Inc. (“Parallel”). Ceres intends to continue to pursue the completion of a qualifying transaction prior to the qualifying transaction deadline of March 3, 2022 (unless that date is extended, with shareholder approval). About Ceres Acquisition Corp. Ceres is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase,...

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Decibel Therapeutics Announces Publication of Foundational Study of Noise-related Inner Ear Damage

BOSTON, Sept. 30, 2021 (GLOBE NEWSWIRE) — Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments to restore and improve hearing and balance, today announced that findings from a study of noise-related inner ear damage conducted in collaboration with the University of Maryland School of Medicine (UMSOM) and the Karolinska Institute (KI) have been published in Cell Reports. The study’s aim was to generate an atlas of gene expression changes across inner ear cell types following noise damage. Decibel contributed gene expression data from inner ear neurons and cells of the stria vascularis, before and after noise damage, which was then combined with similar data from hair cells, non-sensory support cells and immune cells generated by UMSOM and KI....

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Crew Energy Announces October 2021 Virtual Investor Conference Lineup

CALGARY, Alberta, Sept. 30, 2021 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTC: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer focused in the world-class Montney play in northeast British Columbia, today announced that the Company will present at the Microcap Rodeo Fall Harvest Investor Conference on October 5th, 2021, and the Lytham Partners Fall 2021 Conference on October 6th, 2021. Microcap Rodeo Fall Harvest Investor Conference Senior management of Crew is scheduled to present on Tuesday, October 5th at 10:00 a.m. MST (12:00 pm EST), with one-on-one meetings to be held throughout the day on October 7th and 8th.The presentation will be webcast and available for replay at the following link:https://www.webcaster4.com/Webcast/Page/2800/43025For registration and meeting requests please...

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Brown & Brown, Inc. announces 2021 third-quarter earnings release and conference call dates

DAYTONA BEACH, Fla., Sept. 30, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2021 third-quarter earnings on Monday, October 25, 2021, after the close of the market. On Tuesday, October 26, 2021, J. Powell Brown, president and chief executive officer, and R. Andrew Watts, executive vice president and chief financial officer of Brown & Brown, Inc., will host an investor update conference call concerning Brown & Brown’s third-quarter 2021 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown’s website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on “Investor Relations” and then “Calendar of Events.” If you are unable to listen during the live webcast, audio from the conference...

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