Day: September 30, 2021

PDC Energy Provides Preliminary Third Quarter Operating Results and Revised Full-Year Guidance

Written by Customer Service on September 30, 2021. Posted in Earnings Releases And Operating Results.

DENVER, Sept. 30, 2021 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today provided several Company updates including preliminary third quarter operating results and revised 2021 full-year guidance. Further, the Company announced its third quarter earnings call, scheduled for Thursday, November 4, 2021. 2021 Third Quarter Highlights:Anticipate total daily production between 197,000 and 200,000 barrels of oil equivalent (“BOE”) per day and daily oil production between 63,000 and 65,000 barrels (“Bbls”) per day.Reduced total debt by $200 million through the September 2021 settlement of the Company’s 2021 Convertible Notes. PDC expects to exit the third quarter with less than $1.2 billion of total net debt and a leverage ratio of approximately 0.8x.Full-Year 2021 Updated Guidance Highlights:Anticipated...

Results of Operations for the Three Months Ended June 30, 2021 – American Overseas Group Limited Announces Net Loss Of $3.0 Million and Operating Loss of $2.4 Million For the Three Months Ended June 30, 2021

Written by Customer Service on September 30, 2021. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, Sept. 30, 2021 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net loss available to common shareholders of $3.0 million, or $63.75 per diluted share, for the three months ended June 30, 2021. This compares to consolidated net loss available to common shareholders of $1.4 million, or $30.97 per diluted share, for the three months ended June 30, 2020. Book value per weighted share at June 30, 2021 was $1,003.21 a decline from the book value per weighted share of $1,112.19 at June 30, 2020. For the three months ended June 30, 2021, the Company had an operating loss of $2.4 million, or $51.26 per diluted share, compared to an operating loss of $20.7 million, or $443.09 per diluted share for the three months ended June...

ABM Industries Completes Acquisition of Able Services

Written by Customer Service on September 30, 2021. Posted in Mergers And Acquisitions.

NEW YORK, Sept. 30, 2021 (GLOBE NEWSWIRE) — ABM Industries (NYSE: ABM) announced today the closing of its previously announced acquisition of Able Services, a leading facilities services company headquartered in San Francisco. The transaction adds scale to ABM’s core businesses and key geographies and bolsters ABM’s engineering and technical services, which are expected to generate almost $2 billion of combined annualized revenue. In addition, Able Services further expands ABM’s sustainability and energy efficiency offerings amid growing demand for environmentally responsible solutions. Scott Salmirs, President and CEO of ABM Industries commented, “We are pleased to announce the completion of this strategic acquisition and we welcome Able’s talented team to ABM. Together, ABM and Able can more fully address our clients’ needs for...

First Citizens, CIT Extend Merger Agreement

Written by Customer Service on September 30, 2021. Posted in Mergers And Acquisitions.

RALEIGH, N.C. and NEW YORK, Sept. 30, 2021 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that the two companies have agreed to extend the merger agreement from October 15, 2021, to March 1, 2022. The merger has already received approval from the Office of the North Carolina Commissioner of Banks and the Federal Deposit Insurance Corporation. Action by the Federal Reserve Board is the remaining regulatory approval required to complete the merger, and both parties are committed to continuing to seek such approval. The parties have responded to all questions issued by the Staff of the Federal Reserve Board, and the Staff has informed...

First Bank Names Matt Paciocco as Regional Market Executive for Richmond Market

Written by Customer Service on September 30, 2021. Posted in Mergers And Acquisitions.

STRASBURG, Va., Sept. 30, 2021 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), announced today that Matt Paciocco has been named First Bank’s Regional Market Executive for the Richmond area. The Richmond banking leader brings an experienced team in his new role leading the commercial growth strategy for the market. Paciocco’s extensive experience includes working with several banks in the market as well as active involvement in several non-profit organizations. First Bank also entered into a Purchase and Assumption Agreement, dated September 30, 2021, to purchase a portfolio of loans and certain assets associated with a branch office of Knoxville, Tennessee-based SmartBank located in the Richmond market, where Paciocco and his...

SOPerior Closes Private Placement

Written by Customer Service on September 30, 2021. Posted in Public Companies.

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) — SOPerior Fertilizer Corp. (“SOP” or the “Company”) (NEX: SOP.H) is pleased to announce that it has closed a non-brokered private placement described in its press release on September 10, 2021. The Company issued 11,248,260 units at $0.025 per unit for gross proceeds of $281,207. Each Unit is comprised of one common share of the Company and one Share purchase warrant (a “Warrant”), with each Warrant being exercisable to acquire one common share at a price of $0.05 per share for a period of 12 months from the date of closing. An insider subscribed for 320,000 units of the private placement. Finder’s fees of $6,792 cash were paid in connection with the financing. In accordance with applicable securities legislation, all securities issued in the Private Placement are subject to a statutory...

CareDx Extends Leadership in Multimodality Transplant Care with KidneyCare Validation Publication

Written by Customer Service on September 30, 2021. Posted in Public Companies.

Multicenter Study Validates AlloMap and Demonstrates the Complementary Value with AlloSure for Detecting Rejection SOUTH SAN FRANCISCO, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA) – a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced a publication in Kidney360 of a multicenter study that demonstrates the clinical performance of AlloSure and AlloMap to inform biopsy and treatment decisions following kidney transplantation. KidneyCare is CareDx’s multimodality solution that includes AlloSure and AlloMap, and is now clinically validated using data from fourteen leading kidney-transplant centers and hospitals across the United States. AlloSure...

Oxbridge Acquisition Corp. Announces Separate Trading of its Class A Ordinary Shares and Warrants, Commencing October 1, 2021

Written by Customer Service on September 30, 2021. Posted in Public Companies.

GRAND CAYMAN, CAYMAN ISLANDS, Sept. 30, 2021 (GLOBE NEWSWIRE) — Oxbridge Acquisition Corp. (NASDAQ: OXACU) (“Oxbridge Acquisition Corp.” or the “Company”) today announced the announced that, commencing October 1, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A Ordinary Shares (“Class A Ordinary Shares”) and warrants included in the units. The Class A Ordinary Shares and warrants that are separated will trade on the Nasdaq Capital Market (“Nasdaq”) under the symbols “OXAC” and “OXACW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “OXACU.” The units were initially offered by the Company in an underwritten offering. Maxim Group LLC acted as sole book-running manager for the offering. The public offering was made...

Ascendis Pharma A/S Announces Presentations for TransCon™ PTH and TransCon™ CNP at the American Society for Bone & Mineral Research 2021 Annual Meeting

Written by Customer Service on September 30, 2021. Posted in Public Companies.

– Late-breaking oral presentation will feature a comprehensive review of 58-week results from the company’s Phase 2 PaTH Forward Trial – COPENHAGEN, Denmark, Sept. 30, 2021 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company using its innovative TransCon technologies to potentially create new treatments to make a meaningful difference in patients’ lives, today announced presentations featuring new data about its investigational TransCon PTH product candidate at the American Society for Bone & Mineral Research (ASBMR) 2021 Annual Meeting, being held October 1-4 virtually and in-person in San Diego. Presentations will also include an overview of baseline demographics from the Ascendis Pharma-sponsored natural history study of children with achondroplasia. “We are excited to partner with our investigators...

BM Technologies, Inc. (BMTX) Announces Li Shen as Chief Accounting Officer and Doug Hallett as Director of Enterprise Risk and Audit

Written by Customer Service on September 30, 2021. Posted in Public Companies.

Li Shen, Doug HallettPhoto credit: BM TechnologiesRADNOR, PA, Sept. 30, 2021 (GLOBE NEWSWIRE) — BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, announced that Li Shen has joined as Chief Accounting Officer (CAO), and Doug Hallett as Director of Enterprise Risk and Audit. In her role, Shen will work closely with other members of the leadership team to ensure the integrity of accounting, financial operations, and external reporting, helping the company scale for the future. Hallett will be responsible for enhancing risk infrastructure to support fintech and bank partners, and lead development and execution of financial reporting and compliance. “We are excited to welcome both Li and Doug to BM Technologies (BMTX),” stated Luvleen Sidhu, Chair, CEO, and Founder...

Day: September 30, 2021

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