Lydall Announces September 14, 2021 Special Meeting Results

Written by Customer Service on September 14, 2021. Posted in Mergers And Acquisitions.

Merger Agreement with Unifrax approved by Lydall Shareholders Lydall and Unifrax anticipate closing within 30 days MANCHESTER, Conn., Sept. 14, 2021 (GLOBE NEWSWIRE) — Lydall, Inc. (NYSE:LDL, “Lydall” or “the Company”), a leading global provider of specialty filtration and advanced materials solutions, announced today the results of the special shareholder meeting held earlier today. At the special meeting, Lydall shareholders approved the transactions contemplated by that certain Merger Agreement dated June 21, 2021 by and among Lydall, Inc., Unifrax Holding Co., Outback Merger Sub, Inc., and Unifrax I, LLC. Holders of approximately 77.5% of Lydall common stock voted to approve the merger. A total of 14,021,456 common shares of the 18,037,202 common shares issued and outstanding at the record date were voted at the Meeting,...

BayFirst Financial Corp. Announces Amendment to Increase its Stock Repurchase Program

Written by Customer Service on September 14, 2021. Posted in Public Companies.

ST. PETERSBURG, Fla., Sept. 14, 2021 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (OTCQX: FHBI) (“BayFirst” or the “Company”), parent company of First Home Bank, today announced that its board of directors amended its stock repurchase program, initially authorized on January 26, 2021 for the repurchase of up to $100,000 per calendar quarter of the company’s issued and outstanding common stock, to allow the Company to repurchase up to $400,000 per quarter. The changes to the program will be implemented in the third quarter of 2021 and will continue until the earlier of the date an aggregate of $1,000,000 of common stock has been repurchased, with no more than $400,000 being bought back in one quarter, or October 1, 2022, or termination of the program by the board of directors. In addition to the increase...

Uniti Group Inc. to Present at the Goldman Sachs 30th Annual Communacopia Conference

Written by Customer Service on September 14, 2021. Posted in Public Companies.

LITTLE ROCK, Ark., Sept. 14, 2021 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to participate at the Goldman Sachs 30th Annual Communacopia Conference. The presentation is scheduled for 12:25 PM ET on September 23, 2021. You may access a live webcast of the virtual event on Uniti’s website at www.uniti.com under the Investors tab. The webcast will be available for replay for a limited time on Uniti’s website following the presentation. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of June 30, 2021, Uniti...

Smart Sand, Inc. Appoints Rick Shearer as President-Industrial Products

Written by Customer Service on September 14, 2021. Posted in Public Companies.

THE WOODLANDS, Texas, Sept. 14, 2021 (GLOBE NEWSWIRE) — Smart Sand, Inc., a leading provider of sand, wellsite technology, and logistics solutions to the energy industry, (NASDAQ: SND) announced today that industry veteran Richard J. “Rick” Shearer will join the company as President – Industrial Products at the end of September. In this new position, Shearer will be part of Smart Sand’s Management Team and will lead the company’s expansion into new markets for high-quality industrial products. Shearer has held multiple executive leadership positions, most recently with Emerge Energy Services LP, as Chief Executive Officer from 2012 until 2020. Before that, he was the President and Chief Executive Officer of Superior Silica Sands and of Black Bull Resources. He was also President and COO of U.S. Silica. Shearer noted, “I am pleased...

Avalo Therapeutics, Inc. Announces Proposed Public Offering of Common Stock

Written by Customer Service on September 14, 2021. Posted in Public Companies.

WAYNE, Pa. and ROCKVILLE, Md., Sept. 14, 2021 (GLOBE NEWSWIRE) — Avalo Therapeutics, Inc. (“Avalo” or the “Company”) (Nasdaq: AVTX), a leading clinical-stage precision medicine company that discovers, develops, and commercializes targeted therapeutics for patients with significant unmet clinical need in immunology, immuno-oncology, and rare genetic diseases, announced today that it intends to offer for sale shares of its common stock in an underwritten public offering. Avalo intends to grant the underwriters a 30-day option to purchase additional shares of its common stock sold in the proposed offering of up to 15% of the aggregate number of shares of common stock. All of the shares of common stock will be offered by Avalo. The offering is subject to market and other conditions, and there can be no assurance as to whether or when...

Aspen Group Reports Record Revenue of $19.4 million or 28% Growth in First Quarter Fiscal 2022

Written by Customer Service on September 14, 2021. Posted in Public Companies.

AU and USU Active Student Body AU and USU Active Student Body Revenue increased to $19.4 million compared to $15.2 million last year Business units with highest Lifetime Value (LTV) programs accounted for 55% of revenue Net loss of ($0.9) million, unchanged year-over-year EBITDA improves to $0.1 million from breakeven in prior year period NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI”), an education technology holding company, today announced financial results for its first quarter fiscal year 2022 ended July 31, 2021. First Quarter Fiscal Year 2022 Summary Results Three Months Ended July 31, $ in millions, except per share data (rounding differences may occur) 2021 2020 Revenue $ 19.4 $ 15.2 Gross Profit1 $ 10.4 $ 9.0 Gross Margin (%)1 54 % 59 % Operating...

DFDS: INTEGRATION OF HSF LOGISTICS GROUP STARTS AFTER CLOSING TODAY COMPLETED

Written by Customer Service on September 14, 2021. Posted in Public Companies.

COMPANY ANNOUNCEMENT NO. 29/2021 Majority of integration expected to be completed within a year Payment moved forward to speed up integration Annual synergy target of around DKK 75m to be reached by end of 2023 Revenue of Logistics Division set to exceed DKK 8bn with EBITDA of around DKK 900m (before synergies) Logistics Division reorganised in two business units DFDS has today completed the acquisition of the HSF Logistics Group. The company is one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operate temperature-controlled supply chains. HSF Logistics Group has around 1,800 employees with annual revenue of approximately DKK 2.8bn and EBITDA of DKK 385m. “I am very pleased to welcome all HSF employees to the DFDS Group. Our customer offering to a wide range of food producers...

ESG Capital 1 Inc. Announces Closing of Initial Public Offering

Written by Customer Service on September 14, 2021. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) — ESG Capital 1 Inc. (the “Corporation”) is pleased to announce that it has completed its initial public offering (the “Offering”) of 1,000,000 common shares (“Common Shares”) in the capital of the Corporation at a purchase price of $0.20 per Common Share by way of a prospectus for gross proceeds of $200,000. Robert Pollock, President and CEO of the Corporation, commented, “We are pleased to complete the Offering and we thank our investors and advisors for their support. We are proud of our team of seasoned management, strategic investors and other supporters and we look forward to completing a successful qualifying transaction.” The Corporation is a Capital Pool Company as defined in the policies...

Hemp, Inc. Acquires Leading Manufacturer of Hemp Products

Written by Customer Service on September 14, 2021. Posted in Public Companies.

LAS VEGAS, NV, Sept. 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), an established leader in the industrial hemp market, announces that it has acquired a significant manufacturer and co-packer, Ferris Holding Inc. (“Ferris”), headquartered in Las Vegas, Nevada. Hemp Inc.’s all stock acquisition of Ferris will provide cost savings and increased revenue of products developed, manufactured and co-packed by Ferris. As a leading co-packer and manufacturer, Ferris will expand Hemp Inc.’s launching of new products in the hemp market that can be distributed and sold worldwide by Hemp Inc. Ferris was founded and began operations in 2005 and has been the manufacturer of the King of Hemp® smokable product line for Hemp Inc. With consistent stellar health department ratings and innovative manufacturing processes...

PyroGenesis Announces $6 Million Torch Order with Another Major Iron Ore Pelletizer

Written by Customer Service on September 14, 2021. Posted in Public Companies.

Client expects next orders to be for 130 torches PyroGenesis Increases its NPV estimate per torch to $7MM MONTREAL, Sept. 14, 2021 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases, is pleased to announce today, further to its Q2 2021 press release dated August 16th (Outlook section), that it has received an order to supply four (4) high powered plasma torches together with ancillary equipment to a client (“Client B”), for approximately $6MM. This does not include continued after-sale services, which would be part of a separate services agreement. Client B is a...

Day: September 14, 2021

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