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Month: September 2021

COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, Sept. 29, 2021 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) announces its plan to release third quarter 2021 results on November 2, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 3, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840International Dial-In: 661-378-9538Conference ID: 9128805 ~~~ The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL:   https://edge.media-server.com/mmc/p/55ky9u8q ~~~ A replay of the conference call will be available beginning at 1:00 p.m. CT on November 3, 2021 and will continue until 12:00 p.m. CT on November 10, 2021. Replay Dial-In: 855-859-2056International Dial-In: 404-537-3406Conference ID: 9128805 About...

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FTAI Aviation and AAR Announce a joint sustainability initiative helping clients cut carbon emissions

NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) and AAR CORP. (NYSE: AIR) announce a joint initiative associated with their CFM56-5B and -7B partnership to help customers achieve industry-wide sustainability goals aimed at reducing CO2 emissions in international aviation.   Every year, jet engine maintenance results in a significant monetary and environmental cost for the industry. FTAI and AAR’s new initiative highlights the environmental benefits of recycling serviceable engine material and affords customers a path to reduce their overall carbon footprint. FTAI and AAR will together contribute a percentage of all used serviceable material (USM) sales from the CFM56-5B and -7B partnership to purchase verified carbon offsets and grant them to the purchasing customers....

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AAR and FTAI Aviation announced a joint sustainability initiative helping clients cut carbon emissions

Wood Dale, Sept. 29, 2021 (GLOBE NEWSWIRE) — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, and Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced a joint initiative associated with their CFM56-5B and -7B partnership to help customers achieve industry-wide sustainability goals aimed at reducing CO2 emissions in international aviation. Every year, jet engine maintenance results in a significant monetary and environmental cost for the industry. FTAI and AAR’s new initiative highlights the environmental benefits of recycling serviceable material and affords customers a path to reduce their overall carbon footprint. AAR and FTAI will together contribute a percentage of all used serviceable material (USM) sales from the CFM56-5B and -7B partnership...

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SP Plus Corporation Named as NPA’s Innovative Organization of the Year

CHICAGO, Sept. 29, 2021 (GLOBE NEWSWIRE) — SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, was named Innovative Organization of the Year by the National Parking Association (NPA). SP+ was recognized for the development and deployment of its Sphere™ brand of technology products by its in-house team of mobility, marketing, technology, digital strategy and revenue management professionals. “SP+ is honored to be recognized by the NPA for our role as an innovator in the parking industry. Delivering the Sphere™ suite of technologies has been a great accomplishment for our company and for advancing the evolution of our overall industry into a data-rich, technology partner,” said Jeff Eckerling,...

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Driven Brands Closes $450 Million Securitization Issuance

CHARLOTTE, N.C., Sept. 29, 2021 (GLOBE NEWSWIRE) — Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN) announced today that it has closed an offering by certain of its subsidiaries for $450,000,000 Series 2021-1 Fixed Rate Senior Secured Notes, Class A-2 (the “Offered Notes”). This transaction was structured as a whole business securitization through Driven Brands Funding, LLC (the “Issuer”) and Driven Brands Canada Funding Corporation (the “Canadian Co-Issuer”) and represents Driven Brands’ ninth whole business securitization issuance. The Offered Notes were priced at a coupon of 2.791% and have a seven-year tenor. With this offering, the weighted-average fixed coupon of Driven Brands’ outstanding asset-backed notes improved to 3.71%. The proceeds from the issuance will be used to pay transaction-related...

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GENFIT Reports First Half-Year 2021 Financial Results and Provides Corporate Update

GENFIT Reports First Half-Year 2021 Financial Results and Provides Corporate UpdateFinancial highlightsCash and cash equivalents totaled €104 million as of June 30, 2021 (including €11 million non-dilutive financing obtained in the first half 2021) Net income totaled €9 million for the first half 2021, due to a one-off revenue following the successful outcome of the convertible debt restructuring in January and the OCEANEs conversions in the first quarterPositive developments with elafibranor in PBC (ELATIVETM Phase 3)Foresee completion of enrolment in first quarter 2022 Timeline for potential FDA filing now estimated in second half 2023, based on a successful Phase 3 trial outcomeNew clinical data expected in several indications, starting as early as the third quarter 2022NTZ in ACLF (Phase 1) Elafibranor in PSC (Phase...

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Landec Corporation Reports First Quarter Fiscal Year 2022 Results

Quarterly net loss of $9.5 million, EBITDA of $1.1 million, and Adjusted EBITDA of $4.4 million Reiterates Fiscal Year 2022 GuidanceSANTA MARIA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation Foods, Inc., reported results for the fiscal 2022 first quarter ended August 29, 2021. Looking forward, Landec’s strategy to continue to create shareholder value is to seek to deliver against its long-term targets, strengthen its balance sheet, drive top-line growth at Lifecore, and selectively invest in innovation and growth while implementing strategic priorities to improve operating margins at Curation Foods. CEO COMMENTS:“We had a strong start to fiscal 2022 with a first quarter performance that...

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Ascendis Pharma A/S Announces Share Repurchase Program

COPENHAGEN, Denmark, Sept. 29, 2021 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon™ technologies to potentially create new treatments that make a meaningful difference in patients’ lives, today announced that its Board of Directors has authorized the Company to repurchase up to $25 million of the Company’s American Depositary Shares (ADS) (the Share Repurchase Program), each of which represents one ordinary share of Ascendis Pharma A/S. The program will be executed under Rules 10b-18 and 10b5-1 of the U.S. securities regulations. For that purpose, Ascendis Pharma A/S has appointed J.P. Morgan Securities LLC as agent to execute the program independently and without influence from Ascendis Pharma A/S. The purpose of the Share Repurchase Program is to acquire...

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Mountain Valley MD Holdings Provides Business Update, Results of Shareholder Meeting

TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQX: MVMDF) (FRA: 20MP) is pleased to provide a business update on key initiatives. ONCOLOGYAs announced on May 3, 2021, pre-clinical trials for triple-negative breast cancer, metastatic melanoma and Lewis Lung Carcinoma were conducted over the past several months. The results of the research conducted presented some noteworthy exploratory findings that have resulted in MVMD expanding its oncology work across these tumor types with further research studies being executed. The Company is continuing to expand its relationships with experts in clinical and research focused oncology to pursue advanced understanding of Quicksol™️ technology applications across a broader array of insoluble molecules that have documented...

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PUBG MOBILE MENA and Anghami Join Forces to Bring Music Rewards to Players

PUBG MOBILE players will have the chance to redeem special music prizes and enjoy exclusive Anghami playlists from September 30th – October 7thPUBG MOBILE MENA & AnghamiPhoto 1DUBAI, United Arab Emirates, Sept. 29, 2021 (GLOBE NEWSWIRE) — Fans of the gaming phenomenon PUBG MOBILE will be able to enjoy a first-of-its-kind partnership in the MENA region with Anghami, the leading music streaming platform and digital distribution company in the Arab world, during an in-game event to be held between September 30th and October 7th, 2021. As the pioneer of the music streaming space in the MENA region, Anghami will offer PUBG MOBILE fans playing the game redeemable codes for Anghami Plus subscriptions (Anghami’s premium paid tier) for up to one year. Similarly, audiences using the Anghami app will be able to...

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