Month: September 2021

Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future EDMONTON, Alberta, Sept. 15, 2021 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated environmental attributes from our Whitla Wind 2 project, currently under construction in southeastern Alberta. “Capital Power is excited to supply Dow with renewable electricity,” said Jason Comandante, Vice President, Commercial Services, Canada West. “We are continuing to work with partners to develop customized solutions to help them meet their clean energy targets. It is gratifying to work with others toward a carbon neutral future.” This long-term...

WILMINGTON, Del., Sept. 15, 2021 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today provided guidance for third quarter 2021.  The company expects third quarter 2021 total revenue to be between $119 million and $121 million, including approximately $89 million to $91 million of recurring revenue. The increase from second quarter 2021 is driven by both an expected $15 million of recurring revenue and $30 million of non-recurring revenue from a fixed price license agreement signed during third quarter 2021. This revenue guidance does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of third quarter 2021. In...

BURLINGTON, Mass., Sept. 15, 2021 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Evercore ISI Autotech & AI Forum on Tuesday, September 21, 2021, at 2:00 p.m. Eastern Time. The format for the conference will be a fireside chat featuring Mark Gallenberger, Cerence CFO, and Rich Yerganian, Vice President of Investor Relations. The event will be webcast and can be accessed in the “Events” tab under the “Investors” section of the Company’s website at https://www.cerence.com/investors/events-and-resources The webcast replay will be available on the Company’s website at www.cerence.com. About Cerence Inc.Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world’s...

DEERFIELD, Ill., Sept. 15, 2021 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (Nasdaq: SRGA), a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today announced that Sheryl Conley will be appointed to the role of non-executive Chair of the Surgalign Board of Directors, effective September 14, 2021. Conley was appointed to the Board as a director on May 4, 2021, during the Annual Meeting of Stockholders of Surgalign Holdings, Inc. She has more than 35 years of expertise and broad-based executive leadership experience in the orthopedic medical device industry running full P&L business segments, global brand management, marketing, sales, product development, commercial and manufacturing operations. “Sheryl has been an incredible addition to our Board and we...

Atlanta, Sept. 15, 2021 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (“Company”)  today announced that the Company is planning to release its fiscal 2021 fourth-quarter earnings results on Wednesday, October 6, 2021 at 6:00 a.m. (EDT) to be followed by a conference call at 8:00 a.m. (EDT).  Neil M. Ashe, Chairman, President and Chief Executive Officer of Acuity Brands, will lead the call.   The conference call and earnings release can be accessed via the Investor Relations section of the Company’s website at investors.acuitybrands.com. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the Investor Relations site within two hours of the completion of the conference call and will be archived on the site.   To learn more about Acuity Brands, please...

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...

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...

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 % WITHHELDSébastien 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...

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...

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...