Day: October 26, 2021

SouthGobi Announces Profit Warning and Business Update

SouthGobi Announces Profit Warning and Business Update

VANCOUVER, British Columbia, Oct. 26, 2021 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) wishes to inform its shareholders and potential investors that, based on the Company’s preliminary assessment of the unaudited management accounts for the quarter ended 30 September 2021 and the information currently available to the Company, it is expected that the Company would record a net loss between USD7 million and USD11 million for the quarter ended 30 September 2021, as compared to a net profit of USD1.1 million for the quarter ended 30 September 2020. The expected net loss is primarily attributable to the continued impact caused by the COVID-19 pandemic, including, but not limited to, restrictions on the number of trucks of coal crossing the border at the Ceke Port of Entry during...

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Sound Financial Bancorp, Inc. Q3 2021 Results

Sound Financial Bancorp, Inc. Q3 2021 Results

SEATTLE, Oct. 26, 2021 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the “Company”) for Sound Community Bank (the “Bank”), today reported net income of $2.6 million for the quarter ended September 30, 2021, or $0.98 diluted earnings per share, as compared to net income of $2.3 million, or $0.85 diluted earnings per share for the quarter ended June 30, 2021, and $2.3 million, or $0.90 diluted earnings per share for the quarter ended September 30, 2020. The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.17 per share, payable on November 24, 2021 to stockholders of record as of the close of business on November 10, 2021. Comments from President and Chief Executive Officer “We are very pleased with our...

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<div>Farmers & Merchants Bancorp (FMCB) Reports Record Third Quarter and Year-to-Date 2021 Earnings</div>

Farmers & Merchants Bancorp (FMCB) Reports Record Third Quarter and Year-to-Date 2021 Earnings

LODI, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) today announced record third quarter and year-to-date net income. For the quarter ended September 30, 2021, Farmers & Merchants Bancorp reported net income of $17.5 million, an increase of 18.2% from net income of $14.8 million in the third quarter of 2020. On a per share basis, earnings were $22.16, up 18.8% when compared to $18.66 per weighted average share of common stock outstanding in the third quarter of 2020. Return on average assets for the third quarter of 2021 was 1.39%, and return on average equity was 15.64%. Unlike many banks, the Company’s net income was not enhanced by either reversals of loan loss provision or gains on sale of investment securities during the quarter. The Company’s net income over the trailing twelve...

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Valneva Publishes Amendment to 2020 Universal Registration Document

Valneva Publishes Amendment to 2020 Universal Registration Document

Saint Herblain (France), October 27, 2021 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced the publication of an amendment filed with the French Financial Markets Authority (“AMF”) on October 26, 2021 under the filing number D.21-0286-A01 (the “URD Amendment”) to its 2020 Universal Registration Document (“URD”), filed with the AMF on April 9, 2021 under the filing number D.21-0286. The key amendments made to the URD, including certain information updates, are discussed below. In October 2021, the Company announced positive Phase 3 initial results for VLA2001, a highly purified, inactivated and adjuvanted vaccine candidate against the SARS-CoV-2 virus that causes COVID-19.1 In anticipation of these results, the Company commenced its rolling submission and review process with the UK’s Medicines...

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LAVA Medtech Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

LAVA Medtech Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

Waltham, MA , Oct. 26, 2021 (GLOBE NEWSWIRE) — LAVA Medtech Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading October 27, 2021, under the ticker symbol “LVACU.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. 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 Nasdaq under the symbols “LVAC” and “LVACW,” respectively. The...

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Minerva Surgical Announces Closing of Initial Public Offering

Minerva Surgical Announces Closing of Initial Public Offering

SANTA CLARA, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — Minerva Surgical, Inc. (Minerva Surgical), a women’s health company focused on the treatment of Abnormal Uterine Bleeding (AUB), today announced the closing of its initial public offering of 6,250,000 shares of its common stock at a public offering price of $12.00 per share. The aggregate gross proceeds to Minerva Surgical from the offering were $75.0 million before deducting underwriting discounts and commissions and other offering expenses. All of the shares in the offering were offered by Minerva Surgical. J.P. Morgan Securities LLC, Piper Sandler & Co., UBS Securities LLC and SVB Leerink LLC acted as joint book-running managers for the offering. A registration statement relating to these securities became effective on October 21, 2021. The offering was made by means...

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SAFEGUARD SCIENTIFICS TO RELEASE THIRD QUARTER FINANCIAL RESULTS ON THURSDAY, NOVEMBER 4th

SAFEGUARD SCIENTIFICS TO RELEASE THIRD QUARTER FINANCIAL RESULTS ON THURSDAY, NOVEMBER 4th

Conference Call and Webcast Scheduled for Thursday, November 4th at 5:00 pm ET RADNOR, Pa., Oct. 26, 2021 (GLOBE NEWSWIRE) — Safeguard Scientifics, Inc. (NYSE:SFE) will release its financial results for the third quarter ended September 30, 2021 after the market close on Thursday, November 4, 2021. CONFERENCE CALL AND WEBCAST DETAILS Please call 10-15 minutes prior to the call to register. Date:   Thursday, November 4, 2021 Time:   5:00 pm ET Live Number:   844-200-6205   Access Code: 552674 Webcast link: https://events.q4inc.com/attendee/688077299 Speakers:   Chief Executive Officer, Eric C. Salzman; and Senior Vice President and Chief Financial Officer, Mark A. Herndon Format:   Discussion of the third quarter of 2021 financial results followed by Q&A The replay will be available by telephone (866-813-9403; access code 457186)...

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Ultimovacs ASA - Private placement of new shares successfully placed

Ultimovacs ASA – Private placement of new shares successfully placed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Ultimovacs ASA – Private placement of new shares successfully placed Reference is made to the stock exchange announcement by Ultimovacs ASA (OSE: ULTI) (“Ultimovacs” or the “Company”) on 26 October 2021 regarding the contemplated private placement of new shares (the “Offer Shares”) of approximately NOK 225 to 270 million (the “Private Placement”). The Company hereby announces that it has allocated 2,160,000 new shares in the Private Placement at a subscription price of...

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AgJunction Announces Mailing of Information Circular and Proxy Statement for Special Meeting

AgJunction Announces Mailing of Information Circular and Proxy Statement for Special Meeting

The AgJunction Board of Directors unanimously recommends shareholders vote FOR the Arrangement well in advance of the November 22, 2021 deadline The all-cash consideration of CAD $0.75 per share represents a significant premium of 60% to unaffected closing price on October 7, 2021, the last trading day before announcement SCOTTSDALE, Ariz., Oct. 26, 2021 (GLOBE NEWSWIRE) — AgJunction Inc. (TSX: AJX) (“AgJunction” or the “Corporation“), is pleased to announce that it has filed on SEDAR and mailed to shareholders, the information circular of AgJunction dated October 21, 2021 and related proxy materials (collectively, the “Meeting Materials“) prepared in connection with a special meeting (the “Meeting“) of common shareholders of AgJunction (the “AgJunction Shareholders“)...

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