Day: September 7, 2021
BRYAN, Texas, Sept. 07, 2021 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a developer of next-generation biopharmaceuticals and pioneer of the sustainable, plant-based FastPharming Manufacturing System®, today announced that it will participate in the H.C. Wainwright 23rd Annual Global Investment Conference, to be held virtually September 13-15, 2021.
iBio’s pre-recorded presentation will be available on demand during the event for all registered attendees. Beginning on Monday, September 13, 2021, the presentation will also be available on the Company’s website at www.ibioinc.com under “News & Events” in the Investors section.
About iBio, Inc.
iBio is a developer of next-generation biopharmaceuticals and a pioneer in sustainable, plant-based biologics manufacturing. Its FastPharming System®...
Wabash National Corporation Expands Upfitting Capabilities at New Columbus-Area Service Center
Written by Customer Service on . Posted in Public Companies.
LAFAYETTE, Ind., Sept. 07, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC), the innovation leader of engineered solutions for the transportation, logistics and distribution industries, announced today it is expanding its national footprint for cargo van and truck body upfitting with a new site in Groveport, Ohio. This new location enables greater speed and innovation to meet the evolving needs for customers and supports the company’s strategic growth initiatives in the areas of cold chain, home delivery, and parts and service.
The new facility at 5825 Green Pointe Drive, Groveport, will service all brands of cargo van and truck body and install a variety of products. Upfit solutions will include shelving for package delivery, trade-specific packages, aluminum and steel flatbed bodies, hitches, thermal solutions,...
Alector Provides Executive Leadership Update
Written by Customer Service on . Posted in Public Companies.
Planned Transitions Announced for Shehnaaz Suliman, M.D., MBA, MPhil, President and Chief Operating Officer and Robert Paul, M.D., Ph.D., Chief Medical Officer
Sam Jackson, M.D., MBA, Appointed Interim Chief Medical Officer
SOUTH SAN FRANCISCO, California, Sept. 07, 2021 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that Shehnaaz Suliman, M.D., MBA, M.Phil., and Robert Paul, M.D., Ph.D., will be stepping down from their respective roles as President and Chief Operating Officer and Chief Medical Officer. Each will continue to serve for a transition period and plan to remain available as advisors until the end of 2021. Sam Jackson, M.D., MBA, Senior Vice President, Clinical Sciences, will assume the role of interim Chief Medical Officer. Dr. Jackson...
D-BOX Announces $1,000,000 Loan under Highly Affected Sectors Credit Availability Program
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Sept. 07, 2021 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a world leader in haptic and immersive entertainment experiences, announced today the closing of a loan with the National Bank of Canada (“NBC”) in connection with the Highly Affected Sectors Credit Availability Program (“HASCAP”) offered by the Business Development Bank of Canada (“BDC”).
The loan is a $1,000,000 non-revolving credit facility based on a 10-year straight line amortization period with an interest rate of 4% and a maturity date of September 7, 2024 (the “HASCAP Loan”). The proceeds of the HASCAP Loan will be used for working capital needs to continue to support D-BOX’s commercial growth initiatives. Repayment terms for the HASCAP Loan are interest only for the first year, and principal plus interest for...
Mercury Systems announces appointment of Thomas Huber as Executive Vice President, Chief Transformation Officer
Written by Customer Service on . Posted in Public Companies.
Thomas HuberThomas Huber, Executive Vice President and Chief Transformation Officer, Mercury Systems, Inc.ANDOVER, Mass., Sept. 07, 2021 (GLOBE NEWSWIRE) — Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that Thomas Huber has joined the Company as executive vice president and chief transformation officer, effective Sept. 7, 2021. Reporting to Mark Aslett, Mercury’s president and chief executive officer, Mr. Huber will lead the Company’s 1MPACT strategic value creation initiative announced in its fourth-quarter fiscal 2021 earnings release.
“I am thrilled to welcome Thomas to Mercury’s executive leadership team,” said Aslett. “He is a proven senior executive with extensive experience in driving enterprise value...
Seneca Resources Announces Commitment to Seek Certification of its Appalachian Natural Gas Production under the Equitable Origin Standard
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WILLIAMSVILLE, N.Y., Sept. 07, 2021 (GLOBE NEWSWIRE) — Today, Seneca Resources Company, LLC (Seneca), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG) (National Fuel or the Company), announced its commitment to seek certification of 100% of its Appalachian natural gas production under Equitable Origin’s EO100™ Standard for Responsible Energy Development, a set of rigorous environmental, social, and governance (ESG) performance standards. Seneca initiated the certification process in May and expects to complete the process early next year.
The EO100™ Standard provides a framework to monitor on-the-ground operational performance, as well as operator-level ESG performance. As part of the ongoing certification process, an independent assessment body will complete an evaluation of Seneca’s natural gas...
Apollo Global Management Clients to Acquire up to 50% Equity Stake in MaxCap Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
Strategic investment positions MaxCap for strong continued growth
Extends Apollo’s reach in Australasian markets
NEW YORK and MELBOURNE, Australia, Sept. 07, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO), (together with its consolidated subsidiaries, “Apollo”) today announced that clients managed by its affiliates have entered into a definitive agreement to acquire up to a 50% equity stake in MaxCap Group (“MaxCap” or the “Company”), a leading Australasian commercial real estate (“CRE”) financier and fund manager.
Founded in 2007, MaxCap is ranked No. 1 in CRE Debt* in the Australian marketplace and is headquartered in Melbourne. Following completion of the deal, MaxCap co-Founders Wayne Lasky and Brae Sokolski will continue to lead the company and retain the remaining shareholdings.
The strategic investment...
Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ATHENS, Greece, Sept. 07, 2021 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and six months ended June 30, 2021.
Second Quarter Highlights:Net income and earnings per common unit of $9.1 million and $0.17, respectively;
Adjusted Net Income(1)of $10.4 million and Adjusted Earnings per common unit of $0.20;
Adjusted EBITDA(1) $23.6 million;
100% fleet utilization(2);
Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from February 12, 2021 to May 11, 2021 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from February 22, 2021 to May 21, 2021;
Sold $2.15 million...
ESPERION to Host Investor Webinar on the Current Landscape and Future Directions in the Treatment of Elevated Cholesterol
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ANN ARBOR, Mich., Sept. 07, 2021 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR), the lipid management company, today announced that it will host an investor webinar on the current landscape and future directions in the treatment of elevated cholesterol on Monday, September 13, 2021 at 1:30pm Eastern Time.
This webinar, taking place during National Cholesterol Awareness Month, will feature an educational discussion with world-renowned cardiologist Steven Nissen, M.D., from the Cleveland Clinic, which was recently named the #2 healthcare hospital in the nation and the #1 hospital for heart care in U.S. News & World Report’s “2021-22 Best Hospitals” ranking. Dr. Nissen will cover the strengths and limitations of the current treatment paradigm for decreasing cardiovascular disease through lowering of LDL-cholesterol in adults. He...
Medallion Financial Corp. to Participate in the Colliers Securities Institutional Investor Conference
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NEW YORK, Sept. 07, 2021 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN) announced today that senior management will participate in the Colliers Securities Institutional Investor Conference, which will take place virtually September 9, 2021.
Medallion management will be available for one-on-one meetings during the conference. To schedule a one-on-one meeting with management, please contact your Colliers representative, or Medallion Investor Relations at InvestorRelations@medallion.com or (212) 328-2176.
About Medallion Financial Corp.
Medallion Financial Corp. (NASDAQ:MFIN) is a finance company that originates and services loans in various consumer and commercial industries. The Company has loaned more than $9 billion since its initial public offering in 1996 and as of June 30, 2021, has $1.8 billion of assets under...