Month: September 2021

THE WOODLANDS, Texas, Sept. 14, 2021 (GLOBE NEWSWIRE) — Smart Sand, Inc., a leading provider of sand, wellsite technology, and logistics solutions to the energy industry, (NASDAQ: SND) announced today that industry veteran Richard J. “Rick” Shearer will join the company as President – Industrial Products at the end of September. In this new position, Shearer will be part of Smart Sand’s Management Team and will lead the company’s expansion into new markets for high-quality industrial products. Shearer has held multiple executive leadership positions, most recently with Emerge Energy Services LP, as Chief Executive Officer from 2012 until 2020.   Before that, he was the President and Chief Executive Officer of Superior Silica Sands and of Black Bull Resources. He was also President and COO of U.S. Silica. Shearer noted, “I am pleased...

WAYNE, Pa. and ROCKVILLE, Md., Sept. 14, 2021 (GLOBE NEWSWIRE) — Avalo Therapeutics, Inc. (“Avalo” or the “Company”) (Nasdaq: AVTX), a leading clinical-stage precision medicine company that discovers, develops, and commercializes targeted therapeutics for patients with significant unmet clinical need in immunology, immuno-oncology, and rare genetic diseases, announced today that it intends to offer for sale shares of its common stock in an underwritten public offering. Avalo intends to grant the underwriters a 30-day option to purchase additional shares of its common stock sold in the proposed offering of up to 15% of the aggregate number of shares of common stock. All of the shares of common stock will be offered by Avalo. The offering is subject to market and other conditions, and there can be no assurance as to whether or when...

AU and USU Active Student BodyAU and USU Active Student BodyRevenue increased to $19.4 million compared to $15.2 million last year Business units with highest Lifetime Value (LTV) programs accounted for 55% of revenue Net loss of ($0.9) million, unchanged year-over-year EBITDA improves to $0.1 million from breakeven in prior year periodNEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI”), an education technology holding company, today announced financial results for its first quarter fiscal year 2022 ended July 31, 2021. First Quarter Fiscal Year 2022 Summary Results  Three Months Ended July 31,$ in millions, except per share data (rounding differences may occur) 2021   2020Revenue $ 19.4     $ 15.2  Gross Profit1 $ 10.4     $ 9.0  Gross Margin (%)1 54 %   59 %Operating...

COMPANY ANNOUNCEMENT NO. 29/2021 Majority of integration expected to be completed within a year Payment moved forward to speed up integration Annual synergy target of around DKK 75m to be reached by end of 2023 Revenue of Logistics Division set to exceed DKK 8bn with EBITDA of around DKK 900m (before synergies)   Logistics Division reorganised in two business unitsDFDS has today completed the acquisition of the HSF Logistics Group. The company is one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operate temperature-controlled supply chains. HSF Logistics Group has around 1,800 employees with annual revenue of approximately DKK 2.8bn and EBITDA of DKK 385m. “I am very pleased to welcome all HSF employees to the DFDS Group. Our customer offering to a wide range of food producers...

Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) — ESG Capital 1 Inc. (the “Corporation”) is pleased to announce that it has completed its initial public offering (the “Offering”) of 1,000,000 common shares (“Common Shares”) in the capital of the Corporation at a purchase price of $0.20 per Common Share by way of a prospectus for gross proceeds of $200,000. Robert Pollock, President and CEO of the Corporation, commented, “We are pleased to complete the Offering and we thank our investors and advisors for their support. We are proud of our team of seasoned management, strategic investors and other supporters and we look forward to completing a successful qualifying transaction.” The Corporation is a Capital Pool Company as defined in the policies...

LAS VEGAS, NV, Sept. 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), an established leader in the industrial hemp market, announces that it has acquired a significant manufacturer and co-packer, Ferris Holding Inc. (“Ferris”), headquartered in Las Vegas, Nevada.  Hemp Inc.’s all stock acquisition of Ferris will provide cost savings and increased revenue of products developed, manufactured and co-packed by Ferris. As a leading co-packer and manufacturer, Ferris will expand Hemp Inc.’s launching of new products in the hemp market that can be distributed and sold worldwide by Hemp Inc. Ferris was founded and began operations in 2005 and has been the manufacturer of the King of Hemp® smokable product line for Hemp Inc. With consistent stellar health department ratings and innovative manufacturing processes...

Client expects next orders to be for 130 torches  PyroGenesis Increases its NPV estimate per torch to $7MM MONTREAL, Sept. 14, 2021 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases, is pleased to announce today, further to its Q2 2021 press release dated August 16th (Outlook section), that it has received an order to supply four (4) high powered plasma torches together with ancillary equipment to a client (“Client B”), for approximately $6MM. This does not include continued after-sale services, which would be part of a separate services agreement. Client B is a...

LAS VEGAS, Nevada, Sept. 14, 2021 (GLOBE NEWSWIRE) — MJ Holdings, Inc. (“MJ Holdings” or the “Company”)(OTCQB: MJNE) is pleased to announce that the Company has received approval from the OTC Markets Group to begin trading on the OTCQB Market under the ticker symbol “MJNE” at the market open on September 14, 2021. “Trading on the OTCQB Market is a step forward for both the Company and stakeholders, giving us the comfort and confidence to meet our goals in 2021 and beyond,” said Paris Balaouras, Founder and Chairman of MJ Holdings. “Our standing with the SEC and relationship with our stakeholders is of utmost importance. With their support, we expect to be able to continue making strides to advance the Company.” The OTCQB is the premier venture marketplace for entrepreneurial and developing US and international companies that...