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Day: October 1, 2021

First Watch Restaurant Group, Inc. Announces Initial Public Offering

BRADENTON, Fla., Oct. 01, 2021 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (“First Watch” or “the Company”), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it has officially become a publicly traded company on the NASDAQ Global Select Market under the ticker symbol “FWRG.” First Watch is an award-winning daytime restaurant concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. Since its founding in 1983, the Company has cultivated its brand on its commitment to operational excellence, “You First” culture and a culinary mission centered around a fresh, innovative menu that is continuously evolving. These foundational brand pillars have established First Watch as the leader in daytime dining (“Daytime Dining”) – an emerging restaurant segment that is differentiated...

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Diana Shipping Inc. Announces Time Charter Contract for m/v Baltimore With Olam

ATHENS, Greece, Oct. 01, 2021 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is US$56,000 per day, minus a 4.75% commission paid to third parties, for a time charter trip duration of about ninety (90) days. The charter commenced retroactively as of September 28, 2021. The m/v Baltimore was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$13,000 per day, minus a 5% commission paid to third parties. The “Baltimore” is a 177,243 dwt Capesize dry...

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22nd Century to Participate in the Benzinga Rising Stars: Catalytic Small Cap Growth Conference on October 7

BUFFALO, N.Y., Oct. 01, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology and intellectual property company focused on improving health and wellness through plant science, today announced that the Company will participate in the upcoming Benzinga Rising Stars: Catalytic Small Cap Growth Conference on Thursday, October 7, 2021. The Company’s presentation will be available for viewing that day at 12:15 p.m. ET on Benzinga’s live stream channel or via a link on the Company’s Investor Relations website under the Events subtab at: www.xxiicentury.com/investors/events. During his presentation, James A. Mish, chief executive officer of 22nd Century Group, will highlight the Company’s business development, commercialization, and value creation efforts across its three high-value plant...

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CubeSmart Launches Management Reporting App

SmartView by CubeSmart enables third-party management customers to view their portfolio metrics from wherever they are. MALVERN, Pa., Oct. 01, 2021 (GLOBE NEWSWIRE) — Today, CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, introduced SmartView by CubeSmart, its proprietary mobile app, designed to connect users seamlessly to key performance metrics. Utilizing SmartView, third-party management clients have easy access to their data wherever and whenever they want. SmartView is the latest enhancement from CubeSmart as part of an ongoing focus to build innovative technology to help drive the self-storage industry forward. “SmartView is our newest way of leveraging technology to enhance our third-party management experience by providing a clear line of sight into store performance.”...

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FAT Brands Inc. Completes $300 Million Acquisition of Twin Peaks Restaurant Chain

Sports Lodge Marks the First Polished Casual Dining Chain to Join FAT Brands LOS ANGELES, Oct. 01, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announced the completion of its pending acquisition of the Twin Peaks restaurant chain from Garnett Station Partners for $300 million. As a result of the acquisition, FAT Brands has entered a new restaurant category, polished casual dining. The transaction was funded with the proceeds of $250 million in principal amount of new securitization notes and the issuance to the sellers of shares of Series B preferred stock. With the acquisition of Twin Peaks, FAT Brands will have more than 2,100 franchised and corporate-owned stores around the world with combined annual system-wide sales of approximately $1.8 billion. The...

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Gluskin Sheff expands alternative investment offering with new Onex Falcon Direct Lending Fund

TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — Gluskin Sheff + Associates Inc. (“Gluskin Sheff”), the wealth management platform of Onex Corporation (“Onex”) (TSX: ONEX), today announced the launch of the Onex Falcon Direct Lending Fund* (“the Fund”), a differentiated credit offering focused on principal preservation and downside protection via directly originated senior secured loan investments.1 This new offering gives Canadian accredited individual investors access to an asset class favoured by institutions and family offices. The Fund will invest in private, high-value senior secured loans to lower middle market companies in North America, as well as selectively in Europe and non-North American companies. The Fund targets to deliver a 9-10%2 net return, including an expected cash distribution of 8%3 paid quarterly. “As investor...

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Eagle Bancorp Montana, Inc. to Acquire First Community Bancorp, Inc.

HELENA, Mont., Oct. 01, 2021 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company,” or “Eagle”), the holding company of Opportunity Bank of Montana, today announced that it has reached an agreement to acquire First Community Bancorp, Inc., and its subsidiary, First Community Bank (“First Community”). The transaction is Eagle’s fourth announced acquisition of a Montana-based bank since 2017, and its largest transaction to date. Headquartered in Glasgow, Montana, First Community is the largest bank headquartered in Northeast Montana with $374 million in total assets. First Community currently operates nine branches and two mortgage LPOs, including commercial-focused branches in Helena and Three Forks (Gallatin County). The acquisition will further solidify Eagle’s position as the fourth largest Montana-based...

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Glacier Bancorp, Inc. Completes Acquisition of Altabancorp in American Fork, Utah

KALISPELL, Mont. and AMERICAN FORK, Utah, Oct. 01, 2021 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier” or the “Company”) (NASDAQ: GBCI) today announced the completion of its acquisition of AltabancorpTM (“ALTA”) (NASDAQ: ALTA), the bank holding company for AltabankTM, the largest community bank in Utah. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah, and will operate as the newest banking division of Glacier Bank under the name “Altabank, Division of Glacier Bank”. Randy Chesler, Glacier’s President and Chief Executive Officer, commented, “We are excited to welcome Altabank and their shareholders to the Glacier family and are very pleased with how smoothly the transaction process went and that the...

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NextCure to Give Three Presentations at Society for Immunotherapy of Cancer Annual Meeting

BELTSVILLE, Md., Oct. 01, 2021 (GLOBE NEWSWIRE) — NextCure, Inc. (Nasdaq: NXTC), a clinical-stage biopharmaceutical company committed to discovering and developing novel, first-in-class immunomedicines to treat cancer and other immune-related diseases, today announced that new data from two clinical studies and one research study will be presented during oral and poster sessions at the Society for Immunotherapy of Cancer (SITC) annual meeting, to be held in Washington, D.C., and in a virtual platform on November 10-14, 2021. The data come from clinical studies evaluating NC318, a Siglec-15 antibody, and NC410, a LAIR-2 fusion protein, in patients with advanced/metastatic solid tumors. In addition, in collaboration with the National Cancer Institute at the National Institutes of Health, non-clinical data will be presented from a...

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Pet Food Market Share, Size, Segmentation & Forecast 2027 | Petco Animal Supplies Inaugurates Kitchen Specializing in Customized Pet Food Making

Top companies covered in pet food market are Mars Incorporated, Nestle Purina Petcare Company, The J.M. Smucker Company, Colgate-Palmolive Company, Blue Buffalo Co. Ltd., Diamond Pet Foods, WellPet LLC, Del Monte Food Inc., Nutriara Alimentos Ltd., Royal Canin, and more players profiled Pune, India, Oct. 01, 2021 (GLOBE NEWSWIRE) — As per the report published by Fortune Business Insights™, The global pet food market is anticipated to gain impetus from the ever-increasing demand for natural and premium products. The governments of several countries are emphasizing on the usage of natural, healthy, and safe ingredients in pet food products. They are also enabling more transparency in selling such products. The report further mentions that the pet food market size stood at USD 90.13 billion in 2019 and is projected to reach USD 127.21...

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