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Month: September 2021

T2 Biosystems Recognizes Sepsis Awareness Month with Thought Leadership Campaign and Participation in Sepsis Alliance Health Equity Pledge

Leading rapid diagnostics company aims to increase awareness of sepsis diagnosis, management and treatment LEXINGTON, Mass., Sept. 01, 2021 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced efforts in recognition of Sepis Awareness Month to educate on the importance of rapid diagnostic technologies at a time when sepsis is the most common complication observed in severe cases of COVID-19.1,2 The ongoing COVID-19 pandemic has increased the risk for infections, as patients who are hospitalized for COVID-19 are 22 percent more likely to develop sepsis and 113 percent more likely to experience septic shock as compared to influenza patients.3   COVID-19 patients with bloodstream infections (BSIs) have significantly longer hospitalizations and a higher rate...

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Dril-Quip, Inc. Announces Leadership Transition

HOUSTON, Sept. 01, 2021 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) announced today that its Board of Directors has appointed Jeffrey J. Bird as its President and Chief Executive Officer, and elected him to the Board, both effective as of January 1, 2022 to replace Blake T. DeBerry, who will step down at that time. Mr. DeBerry will continue to serve as Chief Executive Officer and as a member of the Board until December 31, 2021. John Lovoi, Dril-Quip’s Board Chairman, commented, “On behalf of the Board, I would like to thank Blake for his superb stewardship of Dril-Quip as CEO and as a Board member over the past 10 years and for all of his contributions since joining the Company in 1988. We are also very excited to promote Jeff to the CEO position and add him as a member of the Board after he has...

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Gordon Brothers Provides Allegro Funds $160M Financing Package to Support Toll Global Express Australia & New Zealand Acquisition

Sydney, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sydney, September 2, 2021 – Gordon Brothers, the global advisory, restructuring and investment firm, has arranged and underwritten a financing package for private equity firm Allegro Funds to support its acquisition of Toll Global Express in Australia and New Zealand. The financing package for the Australian business features a A$150 million comprehensive finance package. The New Zealand borrowers will receive a NZ$10 million facility. Gordon Brothers performed multiple roles to support Allegro Funds in this complex and transformative acquisition, including financing, valuation and asset remarketing. The firm worked collaboratively and quickly to structure a bespoke, tailor-made financing package for Allegro Funds and valued over 11,000 assets. “We’re pleased to support our partner...

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IDEX Biometrics: Employee Share Purchase Plan Share Issue – 1 September 2021

The board of directors of IDEX Biometrics ASA has resolved to issue 913,198 ordinary shares at NOK 2.10 per share to employees who participate in the company’s 2020 Employee Share Purchase Plan (2020 ESPP), which plan was approved by the annual general meeting on 15 May 2020. 53 employees participated in the 2020 ESPP in this cycle. The participating employees have elected to invest a part of the base salary in ordinary shares in the company. Purchase takes place every three months. The shares are restricted for three months. Following the issue, the Company’s share capital will be NOK 137,926,078.20 divided into 919,507,188 shares each with a nominal value of NOK 0.15. Primary insidersIDEX discloses transactions by the following primary insiders in IDEX shares ISIN NO0003070609:–   CEO Vince Graziani acquired 20,490 ordinary...

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Insight Acquisition Corp. Announces Pricing of $240 Million Initial Public Offering

NEW YORK, Sept. 01, 2021 (GLOBE NEWSWIRE) — Insight Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “INAQ.U” beginning on Sept 2, 2021. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “INAQ” and “INAQ WS,” respectively. Insight Acquisition Corp. is a blank-check company formed...

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Carbeeza Inc. (Formerly HIT Technologies) Announces Platform Launch Date

CALGARY, Alberta, Sept. 01, 2021 (GLOBE NEWSWIRE) — Carbeeza Inc. (formerly HIT Technologies Inc.) (the “Company”; TSX.V: AUTO) is pleased to announce that it will launch its software platform for the automotive marketplace on September 8th, 2021.  The first phase of a national campaign will commence in Alberta, during which feedback from both consumers and dealerships will drive continuous improvement before executing our nationwide rollout. The application is available for download at Apple store and Google Play Carbeeza Inc.Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art...

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Brady Corporation increases its dividend to shareholders for the 36th consecutive year

MILWAUKEE, Sept. 01, 2021 (GLOBE NEWSWIRE) — On August 31, 2021, Brady Corporation’s (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.88 per share to $0.90 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.225 per share will be paid on October 29, 2021, to shareholders of record at the close of business on October 8, 2021. This dividend represents the 36th consecutive annual increase in dividends.   Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems...

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Sun Communities, Inc. Declares Third Quarter 2021 Dividends

Southfield, MI, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.83 per share of common stock for the third quarter of 2021. The distribution is payable October 15, 2021 to shareholders of record on September 30, 2021. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of June 30, 2021, owned, operated, or had an interest in a portfolio of 569 developed MH, RV and marina properties comprising over 153,300 developed sites and nearly 41,300 wet slips and dry storage spaces in 39 states and Ontario, Canada. For Further Information...

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Gran Tierra Energy Inc. Appoints New Director

CALGARY, Alberta, Sept. 01, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce the appointment of Alison Redford to the Board of Directors of Gran Tierra as an independent director, effective September 1, 2021. Ms. Redford serves as an advisor to national governments and ministries in emerging economies on regulatory reform to promote transparency and investor confidence. She provides independent advice on the creation of regulatory regimes related to climate, social and governance sustainability most recently in Pakistan, Afghanistan, South Sudan and Guyana. Separately, Ms. Redford also serves as a strategic advisor to public companies operating in volatile political climates to assess risk and ensure regulatory compliance, particularly as it relates...

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Enstar Completes Acquisition of Controlling Interest in Enhanzed Re

HAMILTON, Bermuda, Sept. 01, 2021 (GLOBE NEWSWIRE) — Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has completed the purchase of the entire 27.7% interest in Enhanzed Reinsurance Ltd. (“Enhanzed Re”) previously held by an affiliate of Hillhouse Group. The purchase price of $217.1 million is based on 90% of Enhanzed Re’s total shareholders’ equity as of June 30, 2021 and is subject to adjustment to reflect the finalization of the Enhanzed Re balance sheet as of that date. With the completion of the purchase, Enstar’s equity interest in the Bermuda-based reinsurer has increased from 47.4% to 75.1%, with joint venture partner, Allianz SE (“Allianz”), continuing to own the remaining 24.9%. Enhanzed Re, which Enstar will consolidate in its future financial statements, has approximately...

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