Day: September 14, 2021

Navios Maritime Holdings Inc. Announces Redemption of $20.0 Million of 11.25% Senior Secured Notes due 2022

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

GRAND CAYMAN, Cayman Islands, Sept. 14, 2021 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), a global seaborne shipping and logistics company, announced that on September 14, 2021, the Company issued a notice of redemption with respect to an aggregate principal amount of $20,000,000 of its 11.25% Senior Secured Notes due 2022 (the “Notes”) at a redemption price equal to 100.00% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date of September 24, 2021. After this redemption, $165,000,000 in aggregate principal amount of Notes will remain outstanding. About Navios Holdings Navios Maritime Holdings Inc. (NYSE: NM) is a global seaborne shipping and logistics company focused on the transport and transshipment of dry bulk...

Virco Reports 5.8% Increase in Net Income for Second Quarter and Record Backlog

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

Highlights:Stimulus funding driving substantial increase in spending on furniture and equipment for schools $60 million backlog represents a record level for Virco and nearly 200% higher vs. 2019 Current order, production, and shipping trends expected to result in less seasonality in fiscal 2022 and higher than usual revenue and earnings in the fourth quarterTORRANCE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (Nasdaq: VIRC), the largest manufacturer and supplier of movable furniture and equipment to the education market in the United States, today reported financial results for the period ended July 31, 2021 (second quarter of fiscal 2022). Net sales were $59.0 million for the second quarter of fiscal 2022, a slight decline from $59.5 million for same period of the prior fiscal year. Net income was $3.8...

AB Linas Agro Group seeks to acquire a trading company

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

AB Linas Agro Group has signed share purchase and sale agreement with the aim to acquire 100 of shares of UAB Agro Logistic Service and applied to the Competition Council of the Republic of Lithuania for approval of the transaction. The details of the transaction are not disclosed by the agreement of the parties. UAB Agro Logistic Service is a trading company that successfully trades in Western European markets. It is a strategic partner of KG Group companies in raw materials for fodder trading business. “A year ago, we started the process of acquiring companies operating under the name of KG Group and completed it on July 15 this year. After the completion of the transaction, we decided to acquire UAB Agro Logistic Service, a trading company specializing in raw materials and additives for fodder production, as it is a permanent partner...

Chelating Agents Market to Hit $6,396.9 Million Forecast [2020-2027] | Says Fortune Business Insights™

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

Top companies covered in chelating agents market are Zhonglan Industry Co., Ltd. (Shandong, China), Tosoh Corporation (Tokyo, Japan), Hexion (Ohio, U.S.), Nouryon (Amsterdam, Netherlands), Shandong IRO Chelating Chemical Co., Ltd. (Shandong, China), Mitsubishi Chemical Corporation (Tokyo, Japan), BASF SE (Ludwigshafen, Germany), Akzo Nobel N.V. (Amsterdam, Netherlands), Bozzetto Group (Filago, Italy), Ava Chemicals Private Limited (Maharashtra, India), Ascend Performance Materials (Houston, U.S.), NIPPON SHOKUBAI CO., LTD. (Osaka, Japan), Kemira (Helsinki, Finland), Dow Chemical Company (Michigan, U.S.), ADM (Illinois, U.S), and more players profiled. Pune, India, Sept. 14, 2021 (GLOBE NEWSWIRE) — The global chelating agents market size is projected to reach USD 6,396.9 million by 2027, exhibiting a CAGR of 4.4% during the forecast...

Sanofi completes acquisition of Translate Bio, accelerating the application of mRNA in new vaccines and therapeutics

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

Sanofi completes acquisition of Translate Bio, accelerating the application of mRNA in new vaccines and therapeutics PARIS – September 14, 2021 – Sanofi announced today the completion of its acquisition of Translate Bio, further accelerating the company’s efforts to develop transformative vaccines and therapies using mRNA technology. The acquisition adds a critical pillar to the company’s mRNA Center of Excellence which aims to unlock the potential of next-generation mRNA vaccines and other strategic areas such as immunology, oncology, and rare diseases. The tender offer for all of the outstanding shares of Translate Bio common stock expired as scheduled at one minute after 11:59 p.m., Eastern Time, on Monday, September 13, 2021. The minimum tender condition and all of the other conditions to the offer have been satisfied and on...

Tecogen Receives 1,200-Ton Clean Cooling Chiller Order for Cannabis Cultivation Facility

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

WALTHAM, MA, Sept. 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for three 400-ton Tecochill® chillers for an indoor cannabis cultivation facility in Massachusetts. This is the 23rd cannabis cultivation facility to select the Tecochill solution and will eliminate the need for approximately 750 kW of electric capacity if electric chillers were used. The chillers are expected be serviced out of Tecogen’s Waltham service headquarters. “We worked with the customer and their design team to ensure they could meet their cooling requirements given the limited electrical capacity at the location,” noted Stephen Lafaille, Vice President of Business Development. “Since...

Oportun provides intra-quarter update on strategic initiatives

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

Strong progress toward quarterly and full-year objectives SAN CARLOS, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) — Oportun Financial Corporation (NASDAQ: OPRT), an A.I.-driven financial services and technology company that provides hardworking people with access to responsible and affordable credit, today provided an intra-quarter update on its strategic initiatives. “We continue to be very pleased with how our third-quarter and full-year 2021 are progressing,” said Oportun CEO Raul Vazquez. “Oportun is making strong progress on all of its key strategic objectives.” The intra-quarter updates were presented in an updated investor deck posted to Oportun’s investor website (investor.oportun.com) this morning. The updates included:Aggregate Originations were $501 million quarter-to-date, up 122% year-over-year Better than expected personal...

Matterport appoints Jon Maron as Vice President of Growth

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

Veteran marketing executive brings more than 20 years of experience to Matterport to accelerate global adoption across all key markets for the companyJon Maron, Vice President of Growth, MatterportMatterport appoints Jon Maron as Vice President of GrowthSUNNYVALE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced the appointment of Jon Maron as Vice President of Growth. Jon will lead acquisition, retention, and revenue growth strategies for Matterport’s expanding global customer base, which continues to scale as different industries and sectors adopt Matterport’s spatial data and digital twin technology platform. He brings over 20 years of experience in marketing, public relations, and...

REPEAT: ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES VIDEO OF RECENT SITE VISIT TO THE FLORIN GOLD PROJECT IN THE YUKON TERRITORY, CANADA

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

St. James Gold CorpFlorin Gold Project Drill SiteSt. James Gold CorpCEO George Drazenovic InterviewVancouver, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) — St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce a video of the recent site visit by management to its Florin Gold Project in the Yukon Territory, Canada. Footage of the site visit can be viewed through the following link: See full videos of George Drazenovic, CEO of St. James Gold, on site: https://youtu.be/hZmytt6pp6A (Florin Gold Project Drill Site Overview) https://youtu.be/4TT721DCClw (CEO George Drazenovic Interview #1) https://youtu.be/stA-Qj9DgNM (CEO George Drazenovic Interview #2) As recommended by the Company’s recently completed technical report prepared in accordance with...

Early Warning Report Pursuant to National Instrument 62-103

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

Required Disclosure under the Early Warning Requirements TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) — EARLY WARNING REPORT REGARDING ACQUISITION OF SECURITIES OF GELUM CAPITAL LTD. BY EQUINOX PARTNERS INVESTMENT MANAGEMENT, LLC Item 1 – Security and Reporting Issuer 1.1 State the designation of securities to which this report relates and the name and address of the head office of the issuer of the securities. This report relates to units (each, a “Unit”) of Gelum Capital Ltd. (the “Issuer”). Each Unit consists of one common share (“Common Share”) in the capital of the Issuer, one half of a common share purchase warrant of a class designated as “Warrant A”, and one half of a common share purchase warrant as a class designated as “Warrant B”. The Warrant A warrants and the Warrant B warrants are referred to collectively as the “Warrants”....

Day: September 14, 2021

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