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Day: November 2, 2021

McLaren Technology Acquisition Corp. Announces Pricing of $175,000,000 Initial Public Offering

Irvine, CA, Nov. 02, 2021 (GLOBE NEWSWIRE) — McLaren Technology Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, Wednesday, November 3, 2021, under the ticker symbol “MLAIU”. 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, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “MLAI” and “MLAIW,” respectively. The...

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Black Diamond Reports Third Quarter 2021 Results

CALGARY, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond”, the “Company” or “we”), (TSX:BDI), a leading provider of space rental and workforce accommodation solutions, today announced its operating and financial results for the three and nine months ended September 30, 2021 (the “Quarter”) compared with the three and nine months ended September 30, 2020 (the “Comparative Quarter”). All financial figures are expressed in Canadian dollars. In the third quarter of 2021, Black Diamond reported consolidated revenue of $108.8 million, Adjusted EBITDA of $19.7 million, and core rental revenue of $26.0 million. Key Highlights from the Third Quarter of 2021Generated consolidated revenue of $108.8 million and Adjusted EBITDA of $19.7 million,...

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Black Diamond Group Limited Reinstates Dividend

CALGARY, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond” or the “Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation solutions, today announced that the Company’s Board of Directors has approved the reinstatement of a quarterly dividend of $0.0125 per share, or $0.05 per share on an annualized basis.   The Company has declared a special dividend in the amount of $0.0125 per share, to be paid on or about November 30, 2021 to shareholders of record on November 15, 2021. The Company has also declared a fourth quarter dividend of $0.0125, payable on or about January 14, 2022 to shareholders of record on December 31, 2021. Each of these dividends is an “eligible dividend” for Canadian income tax purposes.   “Over the last several years we have worked to scale...

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EverCommerce to Acquire DrChrono, a Leading Cloud-based SaaS Practice Management and EHR Solution

Acquisition would expand EverCommerce’s suite of solutions in health services with a mobile-first platform designed for independent practices DENVER, Nov. 02, 2021 (GLOBE NEWSWIRE) — Today EverCommerce Inc. (Nasdaq: EVCM) (“EverCommerce” or the “Company”), a leading service commerce platform, announced that it has entered into a definitive agreement to acquire DrChrono Inc., a company developing an essential platform and services for modern medical practices. Based in Sunnyvale, California, DrChrono offers an all-in-one, cloud-based practice management, EHR, and billing solution to make healthcare more informed, more interactive, and more personalized. Completion of the transaction is pending regulatory review and other customary closing conditions and is expected to close before the end of November. Founded...

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W&T Offshore Announces Third Quarter 2021 Results and Changes to Credit Agreement

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter 2021. The Company also announced it had entered into amendments of its Sixth Amended and Restated Credit Agreement (the “Credit Agreement”) to replace its current bank group with a new lender under a revised revolving credit facility. Key highlights included:Produced 34.8 thousand barrels of oil equivalent per day (“MBoe/d”), or 3.2 million Boe (46% liquids), in the third quarter of 2021, despite deferred production of approximately 5.5 MBoe/d (3.4 MBbl/d of oil, 0.4 MBbl/d of NGLs, and 10.3 MMcf/d of natural gas) due to hurricane downtime; Reported net loss of $38.0 million or $0.27 per share and Adjusted Net Income1 of $0.1 million or $0.00 per share...

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Willis Towers Watson appoints Head of New Zealand

AUCKLAND, New Zealand, Nov. 02, 2021 (GLOBE NEWSWIRE) — Willis Towers Watson (NASDAQ:WLTW), a leading global advisory, broking, and solutions company, today announced the appointment of Michael Brown as Head of New Zealand, based in Auckland. Brown, who has been serving as interim country leader since May this year, has been with Willis Towers Watson (WTW) for over 15 years. He has covered the full spectrum of insurance broking during his career, working to deliver great outcomes for all WTW clients, ranging from large corporates with complex requirements, through to small and medium-sized enterprises. Brown will report to Sydney-based Simon Weaver, Head of Australasia and Head of Corporate Risk & Broking, Asia Pacific. Weaver commented: “Michael’s extensive relationships and knowledge of the local market contribute greatly...

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XORTX Therapeutics Receives Final Approval to List on the TSX Venture Exchange

CALGARY, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (CSE: XRX | NASDAQ: XRTX), a pharmaceutical therapeutics company focused on developing innovative therapies to treat progressive kidney disease, is pleased to announce that it has received final approval from the TSX Venture Exchange (the “TSXV”) to list its common shares on the TSXV effective as of the open of market on November 4, 2021 under the share symbol XRTX.   Dr. Allen Davidoff, XORTX’s President and CEO stated, “Listing on the TSXV is another significant milestone for the Company. This listing will further increase the Company’s visibility and access to domestic and institutional investors.” In connection with the listing of the common shares on the TSXV, the Company has submitted a request to voluntarily...

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Par Pacific Publishes Inaugural Sustainability Report

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today published its inaugural Sustainability Report. The report describes Par Pacific’s environmental, social and governance performance in 2020, underlining our commitment to sustainable business practices. In his introduction to the report, Par Pacific’s President and Chief Executive Officer, William Pate writes: “I am proud to share our inaugural sustainability report with you. In 2020, we recorded our best annual personal safety and environmental performance as we confronted challenges of the pandemic. I am extremely proud of our employees for this achievement. Par Pacific views sustainability as a critical element of our mission to serve our local communities by providing safe and reliable energy to address local demand.” The...

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Ocugen to Host Conference Call on Tuesday, November 9 at 8:30 a.m. ET to Discuss Third Quarter 2021 Financial Results and Provide Business Update

MALVERN, Pa., Nov. 02, 2021 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to save lives from COVID-19, today announced that it will host a conference call to discuss its third quarter 2021 financial results and provide a business update at 8:30 a.m. ET on Tuesday, November 9, 2021. Ocugen will issue a pre-market earnings announcement on the same day. Investors are invited to participate on the call using the following details:Dial-In Number: (844) 873-7330 (U.S.) or (602) 563-8473 (international) Conference ID: 8198297 Webcast: Available in the “Investors” section of the Ocugen website and archived for approximately 45 days following the callAbout Ocugen, Inc.Ocugen, Inc. is...

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Comstock Mining Announces Notice of Third Quarter 2021 Results, Business Update Webcast Via Zoom

VIRGINIA CITY, Nev., Nov. 02, 2021 (GLOBE NEWSWIRE) — Comstock Mining Inc. (the “Company”) (NYSE American: LODE), a leader in the sustainable extraction, valorization, and production of scarce natural resources, will host a conference call on Wednesday, November 10, 2021, at 8:00 a.m. Pacific Standard Time/11:00 a.m. Eastern Standard Time to report Third Quarter results and provide a business update. The Webcast will include a moderated Q&A, after the prepared remarks.  Please join the event 10 to 15 minutes prior to the scheduled start time. Please click the link below to register in advance for this Webcast: When: Nov 10, 2021, 08:00 AM Pacific Standard Time (US and Canada) Topic: Comstock Mining Third Quarter 2021 Results and Business Update Please click this link to register in advance for this webcast: After registering,...

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