Day: September 15, 2021

RAMM Pharma Announces Resignation of Director

RAMM Pharma Announces Resignation of Director

TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) — RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM), a leader in plant-derived cannabinoid pharmaceutical and other cannabis-based products, announces that Mr. Sergio Martines has resigned from the board of directors of the Company. The Company wishes Mr. Martines success in his future endeavors. About RAMM Pharma Corp. RAMM is a leader in the field of cannabinoid pharmacology and product formulation for cannabis-based pharmaceuticals and other cannabis-based products with a unique and diversified international production and sales platform. The Company operates an established pharmaceutical and medical product business in Uruguay which has developed several medically registered and approved plant-derived cannabinoid pharmaceutical products...

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Veritex Holdings, Inc. Announces Increase and Extension to Its Stock Buyback Program

Veritex Holdings, Inc. Announces Increase and Extension to Its Stock Buyback Program

DALLAS, Sept. 15, 2021 (GLOBE NEWSWIRE) — The Board of Directors (the “Board”) of Veritex Holdings, Inc. (Nasdaq: VBTX) (the “Company”) authorized an increase and extension of its stock buyback program (the “Stock Buyback Program”) pursuant to which the Company may, from time to time, purchase shares of its outstanding common stock. The Stock Buyback Program authorized the Company to purchase up to $175.0 million of its outstanding common stock and that amount has been increased by the Board to $250.0 million. The Board also authorized an extension of the expiration date of the Stock Buyback Program from December 31, 2021 to December 31, 2022. The shares may be repurchased in the open market or in privately negotiated transactions from time to time, depending upon market conditions and other...

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D-BOX announces the election of its directors

D-BOX announces the election of its directors

MONTREAL, Sept. 15, 2021 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a world leader in haptic and immersive experiences, held its annual and special meeting of shareholders today. All of the proposed nominees for the Board of Directors in the proxy circular dated August 3, 2021 were elected at the Corporation’s annual and special meeting of the shareholders. The voting results are as follows: NAME OF NOMINEE VOTES FOR % FOR VOTES WITHHELD % WITHHELD Sébastien Mailhot 71,897,975 92.59% 5,758,052 7.41% Brigitte Bourque 71,250,925 91.75% 6,405,102 8.25% Luc Martin 71,923,337 92.62% 5,732,690 7.38% Denis Chamberland 71,892,047 92.58% 5,763,980 7.42% Louis P. Bernier 71,086,337 91.54% 6,569,690 8.46% Ève Laurier 71,924,925 92.62% 5,731,102 7.38% Jean-Pierre Trahan 71,199,521 91.69% 6,456,506 8.31% ABOUT...

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Summit Industrial Income REIT Announces $126 Million Logistics Centre Acquisition and $110 Million Bought Deal Equity Offering

Summit Industrial Income REIT Announces $126 Million Logistics Centre Acquisition and $110 Million Bought Deal Equity Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement to purchase two newly-constructed Class A logistics centres totaling 725,000 square feet of gross leasable area (the “Logistics Centre”) located in Calgary, Alberta close to the Calgary International Airport. The transaction is subject to certain closing conditions and is expected to close early in the fourth quarter 2021. Summit is expected to pay $126.0 million for the Logistics Centre, financed by the net proceeds from a $110 million bought deal equity offering, discussed below, and cash on hand, generating an attractive stabilized capitalization rate of approximately...

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Hersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021

Hersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021

PHILADELPHIA, Sept. 15, 2021 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the third quarter 2021 after the market close on Tuesday, October 26, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Wednesday, October 27, 2021. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer. A live audio webcast of the conference call will be available on the Company’s investor relations website. The conference call can be accessed by dialing 1-888-317-6003 or 1-412-317-6061 for international...

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Grupo Aeroportuario del Pacifico Announces Payment Date for Capital Stock Reduction Approved at the Extraordinary Shareholders’ Meeting

Grupo Aeroportuario del Pacifico Announces Payment Date for Capital Stock Reduction Approved at the Extraordinary Shareholders’ Meeting

GUADALAJARA, Mexico, Sept. 15, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announces that on September 28, 2021, it will be made the capital reduction payment approved at the Extraordinary Shareholders’ Meeting held on September 14, 2021. The capital reduction payment will be in accordance with the first resolution approved during the Extraordinary Shareholders’ Meeting, equivalent to Ps. 7.80 (SEVEN PESOS 80/100 M.N.) per each outstanding share. The capital reduction payment corresponds to the thirty-one such payment. Company Description: Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta,...

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ION initiates review of strategic alternatives

ION initiates review of strategic alternatives

HOUSTON, Sept. 15, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced that its Board of Directors (the “Board”) has initiated a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value as the company continues to assess conditions in the capital markets and right-size the business. These strategic alternatives include, among others, a sale or other business combination transaction, sales of assets, private or public equity transactions, debt financing, or some combination of these. ION has engaged Tudor Pickering, Holt & Co. to assist with the evaluation process. There can be no assurance that such evaluation will result in one or more transactions or other strategic change or outcome. The company has not set a timetable for the conclusion...

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La-Z-Boy To Present At Sidoti Conference

La-Z-Boy To Present At Sidoti Conference

MONROE, Mich., Sept. 15, 2021 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Melinda Whittington, President and Chief Executive Officer, and Bob Lucian, Chief Financial Officer, will present at the Sidoti Fall Virtual Investor Conference on Wednesday, September 22, 2021, at 8:30 a.m. Eastern. The presentation will be webcast live and will be available at: https://sidoti.zoom.us/webinar/register/WN_FlMRkAeNQ8GqwnC_rutJqQ. Additional Information This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission (SEC), which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings. Investors and others wishing to be notified of future...

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Lakeland Bancorp Announces Closing of $150 Million Subordinated Debt Offering

Lakeland Bancorp Announces Closing of $150 Million Subordinated Debt Offering

OAK RIDGE, N.J., Sept. 15, 2021 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced the closing of its underwritten public offering of $150 million aggregate principal amount of its 2.875% Fixed-to-Floating Rate subordinated notes (the “Notes”) due 2031. The Company plans to use the net proceeds from the Notes offering for general corporate purposes, which may include refinancing activities, including redeeming of all or a portion of the outstanding principal amount of its outstanding subordinated notes. Keefe, Bruyette & Woods, Inc., A Stifel Company, and Piper Sandler & Co. acted as joint book-running managers. Luse Gorman, PC acted as legal counsel to Lakeland and Hogan Lovells US LLP acted as legal counsel to the underwriters. About...

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AirBoss Obtains Receipt for Preliminary Base Shelf Prospectus

AirBoss Obtains Receipt for Preliminary Base Shelf Prospectus

Not for distribution to U.S. news wire services or dissemination in the United States. NEWMARKET, Ontario, Sept. 15, 2021 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) announced today that it has obtained a receipt for its preliminary short form base shelf prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada. Following the issuance of a receipt for a final short form base shelf prospectus (the “Base Shelf Prospectus”), the Company may issue and sell up to, in the aggregate, C$200 million (or the equivalent in other currencies) of common shares, preferred shares, debt securities, warrants, subscription receipts, units or any combination thereof (collectively, the “Securities”) to the public in Canada during the 25-month period that the...

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