Day: October 6, 2021

SAN FRANCISCO, Oct. 05, 2021 (GLOBE NEWSWIRE) — Avalon Acquisition Inc. (the “Company”), a newly organized blank check company incorporated as a Delaware company, today announced the pricing of its initial public offering of 18,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of Class A common stock and three-fourths of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “AVACU” beginning October 6, 2021. Once the securities comprising the units begin separate trading, the shares of Class A common stock and the warrants are expected to be traded on Nasdaq under the symbols “AVAC”...

BURNABY, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical stage biopharmaceutical company, today announced the pricing of its underwritten public offering of 8,474,577 common shares and, in lieu of common shares to certain investors, pre-funded warrants to purchase up to 1,694,915 common shares pursuant to its existing shelf registration statement. The common shares are being offered at a public offering price of $29.50 per common share and the pre-funded warrants are being offered at a price of $29.4999 per pre-funded warrant. The gross proceeds to Xenon from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Xenon, are expected to be approximately $300.0 million. In addition, Xenon has granted to the underwriters...

NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced the upsize and pricing of its public offering of 2,150,000 shares of its common stock at a price to the public of $66.00 per share. The underwriters also have been granted a 30-day option to purchase up to an additional 322,500 shares of common stock from INDUS at the public offering price, less underwriting discounts and commissions. The newly issued shares of common stock are expected to begin trading on October 6, 2021, on the Nasdaq Stock Market LLC under the ticker symbol “INDT”, and the closing of the offering is expected to occur on October 8, 2021, subject to satisfaction of customary closing conditions. INDUS intends to use the net proceeds from the proposed...

TORONTO and MINNEAPOLIS, Oct. 05, 2021 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced plans to deliver Dayforce Payroll across nine new markets, including Germany, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. Today, organizations around the world use Dayforce Payroll to reduce global compliance complexities and enable real-time auditing of payroll data to pay their people accurately and on time. Dayforce Payroll bridges the gap between pay and time, removing the pressure and burden of the traditional payroll process. “The Dayforce platform’s continuous calculation of pay and time within a single solution has redefined how global enterprises experience payroll,” said Joe Korngiebel, Chief Product and...

AI-powered solutions to transform talent management and recruitment strategies TORONTO and MINNEAPOLIS, Oct. 05, 2021 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced Dayforce Talent Intelligence, a suite of new, transformative talent management solutions powered by AI and data. Dayforce Talent Intelligence will enable fair, equitable, and efficient talent decision-making, while measuring the effectiveness of their diversity, equity, and inclusion efforts. “In today’s hyper-competitive job market, organizations need to embrace a data-backed approach for their people and talent management strategies,” said Somen Mondal, General Manager, Talent Intelligence, Ceridian. “This is what we call Dayforce Talent Intelligence – technologies that leverage AI...

New Dayforce Wallet feature will stream pay automatically to workers’ wallets as wages are earned TORONTO and MINNEAPOLIS, Oct. 05, 2021 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced streaming pay as the next evolution of payroll at the inaugural Ceridian World Tour. As part of Dayforce Wallet, streaming pay will automatically deliver earned wages to workers’ wallets at the end of each work day, eliminating the need to request earnings on-demand. Currently, millions of people live paycheck to paycheck, with little to no financial buffer in between the 2-4 week pay cycle. As a result, many are forced to carry high-interest credit card debt or resort to payday loans to pay for unexpected life events. Dayforce Wallet, an industry-first, on-demand...

AI-first HR service delivery solution enables employees to get instant access to HR questions TORONTO and MINNEAPOLIS, Oct. 05, 2021 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced plans to deliver Dayforce HR Service Delivery, an end-to-end employee solution that provides instant, always-on HR and compliance support. Powered by artificial intelligence (AI) and machine learning (ML), Dayforce HR Service Delivery continuously learns and evolves to deliver a reimagined employee experience in an increasingly remote and fluid workplace. Responses to employee questions will be delivered through a simple search experience, consistent with what employees expect in their personal lives. “In today’s borderless world, employees need access to the right information...

DENVER, Oct. 05, 2021 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (“Bonanza Creek”) (NYSE: BCEI) announced today that it has priced a private placement (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”) of $400.0 million in aggregate principal amount of new 5.000% senior notes due 2026 (the “Notes”) at par. The Offering is expected to close on or around October 13, 2021, subject to the satisfaction of customary closing conditions. Bonanza Creek expects to use the net proceeds from the Offering, together with cash on hand, to repay all borrowings outstanding under the CPPIB Crestone Peak Resources America Inc. (“Crestone Peak”) credit facility, to repay borrowings under Bonanza Creek’s credit facility and for general corporate purposes. The...

New York, NY, Oct. 05, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation that seeks to acquire new and innovative technologies in diverse industries, announced today that it has signed a non-binding Letter of Intent (“LOI”) with Classroom Salon, (“CS”), www.classroomsalon.com a limited liability company organized under the laws of the state of Pennsylvania. The intent of the LOI is to work to define the terms of an acquisition of the outstanding equity of CS by GTII, which would include all of CS’ assets and liabilities as set out in the agreement. CS uses interfaces, workflows, and proprietary algorithms, providing a tool to author, deploy, teach, and assess school courses, seminars and other study groups and then integrates them with other...