Month: September 2021

EDEN PRAIRIE, Minn., Sept. 17, 2021 (GLOBE NEWSWIRE) — Nuwellis, Inc. (NASDAQ:NUWE) (the “Company”) announced today the closing of its previously announced underwritten public offering of 4,005,588 shares of its common stock at a price to the public of $2.50 per share, for gross proceeds of approximately $10.0 million, including the full exercise of the underwriters’ over-allotment option to purchase additional shares of the Company’s common stock, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company.  Ladenburg Thalmann & Co. Inc. acted as sole book-running manager in connection with the offering. Maxim Group LLC acted as lead manager for the offering. The Company intends to use the net proceeds for the offering for general corporate purposes, including the continued investment...

September 17, 2021 | Source: CIIG Capital Partners II, Inc. New York, NY, Sept. 17, 2021 (GLOBE NEWSWIRE) — CIIG Capital Partners II, Inc. (“CIIG II”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced today that it closed its upsized initial public offering of 28,750,000 units at $10.00 per unit, including 3,750,000 units issued pursuant to an exercise by the underwriters of their over-allotment option. While CIIG II may pursue an initial business combination target in any business or industry, it intends to focus its search on companies in technology, media, telecommunications and sustainability (“TMTS”) industries. CIIG II is led by Executive Chairman, Peter Cuneo,...

BEVERLY, Mass., Sept. 17, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) (“LexaGene” or the “Company”), a commercial molecular diagnostics company selling a point-of-need highly multiplexed in-clinic PCR system with results in approximately two hours, today announced the Company has adopted new corporate governance charters and policies. Dr. Jack Regan, LexaGene’s CEO and Founder stated, “The Board of Directors, along with our leadership team, take good corporate governance seriously. The Board reviewed our existing charters and policies and felt it was time to modernize them. By doing so, we are elevating our effectiveness and moving in a direction where accountability, the ability to manage resources, and improving our performance strengthen strategic business imperatives.” The Board of Directors...

PASCAGOULA, Miss., Sept. 17, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division completed the final round of sea trials for Arleigh Burke-class guided missile destroyer Frank E. Petersen Jr. (DDG 121). “The successful completion of acceptance trials is an extremely rewarding accomplishment for Ingalls and for our partners who work closely with us to ensure we achieve this milestone together,” Ingalls Shipbuilding President Kari Wilkinson said. “We are proud of our shipbuilders for working as a team to move DDG 121 one step closer to delivery.” DDG 121 is named for Frank E. Petersen Jr., who was the U.S. Marine Corps’ first African-American aviator and general officer. After entering the Naval Aviation Cadet Program in 1950, Petersen would go on to fly more than...

MCLEAN, Va., Sept. 17, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announces the pricing of the SB90 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately $403 million in SB Certificates (SB90 Certificates), which are expected to settle on or about September 24, 2021. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally backed by properties with five or more units. This is the ninth SB Certificate transaction in 2021. SB90 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Spread (bps) Coupon Yield Dollar PriceA-5F $108.625 4.01 -1 0.8800% 0.7398% 100.4992A-7H $121.960 5.41 17 1.2300% 1.1216% 100.4978A-10F $109.903 7.22 18 1.4100% 1.3277% 100.4922A-10H $63.421 7.17 31 1.5300% 1.4539% 100.4407X-1 $403.910 5.80 2,550 0.6573% 26.2721% 5.1029Details:...

NEW YORK, Sept. 17, 2021 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the accepted amounts and pricing terms of its previously announced private offers to exchange the 8 outstanding series of notes listed in the first table below and maturing from 2024 through 2026 (collectively, the “Old Notes”), in each case, for newly issued notes of Verizon due 2032 (the “New Notes”) (the “Exchange Offers”), on the terms and subject to the conditions set forth in an offering memorandum dated September 2, 2021 (as amended by Verizon’s press release dated today, September 17, 2021, relating to the early participation results and upsizing of the Exchange Offers (the “Early Participation Results Press Release”) and this press release, the “Offering Memorandum”). The Offering Memorandum and the accompanying...

$ALYI – ALYI Echoes Elon Musk’s Comments On China EV Prowess$ALYI – ALYI’s Retro Revolt Electric Motorcycle based on the classic BMW R71 WWII EraDallas, TX, Sept. 17, 2021 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) is today a small Electric Vehicle (EV) Industry contender with its sights set on growing sales in Africa and expanding overtime to grow market share throughout the developing economic regions of the world. The company recently announced a $2 million 2021 revenue target anticipated from sales of its first electric motorcycles as the company pursues over $200 billion in overall EV market opportunities. ALYI is branding itself as an Electric Vehicle (EV) contender in the U.S. while concentrating its EV sales efforts in Africa and the larger overall global developing...

Includes two Extended Timeline Pool Offerings Targeting Smaller Investors MCLEAN, Va., Sept. 17, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today an approximate $1.3 billion non-performing loan (NPL) sale, via an auction of seasoned non-performing residential first lien loans held in Freddie Mac’s mortgage-related investments portfolio. The NPLs are currently serviced by Specialized Loan Servicing LLC, Select Portfolio Servicing, Inc., and NewRez LLC, d/b/a Shellpoint Mortgage Servicing. The NPLs are being marketed via six pools: four Standard Pool Offerings (SPO®) and two Extended Timeline Pool Offerings (EXPO®), which target participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBT, Veteran or Service-Disabled Veteran-Owned Businesses (MWDOBs). Bids are due from qualified bidders...

BURLINGTON, Mass., Sept. 17, 2021 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) today announced that it has applied to the Autorité des marchés financiers (“AMF”) for an order (the “Requested Order”) to cease to be a reporting issuer under the securities law of Québec, the only jurisdiction in Canada in which it is currently a reporting issuer. If the Requested Order is granted by the AMF, Cerence will no longer be a reporting issuer in any jurisdiction of Canada and will no longer be required to file financial statements and other continuous disclosure documents with the AMF. However, this will not affect Cerence’s listing on NASDAQ or its reporting practices in the United States. Cerence will continue to file financial statements and other continuous disclosure documents required to be filed by it in accordance with the applicable...