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Month: September 2021

Daseke to Participate in the Cowen 14th Annual Virtual Global Transportation & Sustainable Mobility Conference on September 10th

ADDISON, Texas, Sept. 08, 2021 (GLOBE NEWSWIRE) — Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced that senior management will participate in the Cowen Virtual Global Transportation & Sustainable Mobility Conference on Friday September 10, 2021. Jason Bates, Daseke’s Chief Financial Officer, will be participating at the event’s panel discussion and will also be conducting one-on-one and group meetings with investors that attend the conference. About Daseke, Inc. Daseke, Inc. is the largest flatbed and specialized transportation and logistics company in North America. Daseke offers comprehensive, best-in-class services to many of the world’s most respected industrial shippers through experienced people,...

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Albireo Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

BOSTON, Sept. 08, 2021 (GLOBE NEWSWIRE) — Albireo Pharma, Inc. (Nasdaq: ALBO), a rare pediatric liver disease company developing novel bile acid modulators, today announced the grant of inducement stock options exercisable for an aggregate of 15,000 shares of Albireo’s common stock and restricted stock units representing the opportunity to acquire 3,500 shares of Albireo’s common stock. The exercise price for the inducement grants is $29.50 per share, the closing price of Albireo’s common stock on September 7, 2021, the grant date, and were granted as inducements material to the employee’s acceptance of employment with Albireo in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option has a 10-year term and vests over a four-year period, subject to the employee’s continued service with Albireo through the applicable vesting...

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Profound Medical to Participate in September Virtual Investor Conferences

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, announce today that management will participate in two investor conferences in September.Lake Street’s 5th Annual Best Ideas Growth Conference: Profound is scheduled to participate in a series of one-on-one meetings on September 15, 2021. Due to the format of the event, no webcast will be available. Cantor Virtual Global Healthcare Conference: Profound is scheduled to present on September 30, 2021 at 8:00 a.m. ET. The presentation will be broadcast live and archived on the Company’s website at www.profoundmedical.com under “Webcasts” in the Investors...

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BRP Group, Inc. Enters Into Agreement to Acquire K&S Insurance Agency

– Adds $19.7 Million1 of Revenue, Representing BRP Group’s Eleventh Announced Partnership in 2021 – – Strong Niche Risk Management Expertise in the Construction Market – – Strong Track Record of Growth; +12% YTD 2021 Over YTD 2020 Revenue Growth2 – – Brings BRP Group’s Total Revenue from 2021 Announced Partnership to $92 Million3 – TAMPA, Fla., Sept. 08, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that, through an indirect subsidiary, BRP Group has entered into a definitive agreement to acquire substantially all of the assets of White Hill Plaza, Inc. (operating as K&S Insurance Agency, “K&S”), a Dallas, Texas-based insurance agency providing...

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Concrete Pumping Holdings Acquires Hi-Tech Concrete Pumping Services

– Acquisition Improves Market Position in Houston, Texas – DENVER, Sept. 08, 2021 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping services and concrete waste management services in the U.S. and U.K., today announced that it completed the acquisition of Hi-Tech Concrete Pumping Services (“Hi-Tech”). Hi-Tech is a leading provider of concrete pumping services in Houston, Texas. CPH acquired Hi-Tech for an asset purchase valuation of $12.3 million in cash. The asset purchase includes all of Hi-Tech’s concrete pumping service equipment which includes 32 boom pumps and two placing booms. The acquisition provides compelling opportunities for CPH, through its Brundage-Bone brand, to strategically improve its presence in the Houston, Texas region. The...

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HealthEquity Reports Second Quarter Ended July 31, 2021 Financial Results

Highlights of the second quarter include:Revenue of $189.1 million, an increase of 7% compared to $176.0 million in Q2 FY21. Net loss of $3.8 million, compared to net loss of $0.1 million in Q2 FY21, with non-GAAP net income of $33.4 million, compared to $30.1 million in Q2 FY21. Net loss per diluted share of $0.05, compared to net loss per diluted share of less than one half of one cent in Q2 FY21, with non-GAAP net income per diluted share of $0.40, compared to $0.42 in Q2 FY21. Adjusted EBITDA of $65.5 million, an increase of 9% compared to $60.0 million in Q2 FY21. 6.0 million HSAs, an increase of 11% compared to Q2 FY21. $15.5 billion Total HSA Assets, an increase of 27% compared to Q2 FY21. 13.1 million Total Accounts, including both HSAs and complementary CDB accounts, an increase of 5% compared to Q2 FY21.DRAPER, Utah, Sept....

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CVR Partners Announces Notice of Partial Redemption for its 9.250% Senior Secured Notes Due 2023

SUGAR LAND, Texas, Sept. 08, 2021 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners”) (NYSE: UAN) today announced that CVR Partners and its indirect wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”), delivered a notice of partial redemption for $15 million of the Issuers’ outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”) at a par redemption price, plus accrued and unpaid interest on the redeemed portion of the 2023 Notes, to be redeemed on September 23, 2021. As of June 30, 2021, there were outstanding $95 million aggregate principal amount of 2023 Notes. Wilmington Trust, National Association is the trustee for the 2023 Notes and is serving as the paying agent for the partial redemption. Forward-Looking Statements This news release contains forward-looking...

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3D Systems to Drive Adoption of Additive Manufacturing in Production Environments with the Acquisition of Oqton

Oqton’s unique cloud-based, AI-enabled Manufacturing Operating System accelerates deployment and automation of digital manufacturing in production environments to improve efficiencies and reduce cost Oqton will operate as independent organization and solution platform company, ensuring data security and confidentiality for customers 3D Systems expands availability of 3DXpert®, 3D Sprint®, Geomagic®, and Additive Works’ Amphyon™ simulation software to entire additive industry The combination allows customers to accelerate adoption and productivity of additive manufacturing in existing production environments Companies to host a conference call and webcast tomorrow, September 9, 2021, at 8:00 a.m. Eastern Daylight TimeROCK HILL, S.C. and GHENT, Belgium, Sept. 08, 2021 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today is pleased to...

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ABM Industries Announces Results for Third Quarter Fiscal 2021

— Double-Digit Revenue Growth Reflected Y-o-Y Increases Across All Business Segments — — Continued Strong Operating Income From All Business Segments — — GAAP Results Include Reserve for Previously Reported Litigation Settlement — — Company Raises Adjusted EPS Guidance for Full Year Fiscal 2021 to Reflect Strong Year-to-Date Performance — — On August 25, 2021, Announced Definitive Agreement to Acquire Able Services — NEW YORK, Sept. 08, 2021 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2021. Scott Salmirs, President and Chief Executive Officer of ABM Industries commented, “ABM generated strong third quarter financial results, driven by continued broad-based demand for our services and efficient execution within an improving business...

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Calavo Growers, Inc. Announces Third Quarter 2021 Financial Results

SANTA PAULA, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the third quarter ended July 31, 2021. Third Quarter HighlightsTotal revenue of $285.0 million, a 5% increase from the year-ago quarter. Fresh segment revenue was flat year-over-year, and Renaissance Food Group (“RFG”) and Foods segments revenues increased 14% and 12% year-over-year, respectively. Gross profit of $7.9 million, or 2.8% of revenue, compared to $30.8 million, or 11.4% of revenue, for the year-ago quarter. Net loss of $(13.0) million, or $(0.74) per diluted share, compared to net loss of $(15.6) million, or ($0.89) per diluted share, for the same period last year. Adjusted net loss was $(3.0) million, or $(0.17)...

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