Day: November 18, 2021

Small Pharma Strengthens Board With Appointment of Paul Maier as Independent Director

Written by Customer Service on November 18, 2021. Posted in Public Companies.

LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) — Small Pharma Inc. (TSXV: DMT) (OTCQB: DMTTF) (the “Company” or “Small Pharma”), a neuropharmaceutical company focused on psychedelic-assisted therapies, announces that Mr. Paul Maier has been appointed as a non-executive independent director of the board of directors of the Company (the “Board”). He will hold office as an independent director until the next annual meeting of shareholders, or until his successor has been elected or appointed. Mr. Maier has also been appointed as a member of the Audit Committee and Corporate Governance and Nominating Committee and Chair of the Compensation Committee. Mr. Maier joins Small Pharma with over 30 years’ experience in senior executive roles across the biopharmaceutical and biotech industry. He has a successful track record at U.S. publicly listed...

Optinose Announces Closing of $46.0 Million Public Offering of Common Stock

Written by Customer Service on November 18, 2021. Posted in Public Companies.

YARDLEY, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced the closing of the previously announced underwritten public offering of 28,750,000 shares of its common stock at a public offering price of $1.60 per share, including the exercise in full by the underwriters of their option to purchase up to 3,750,000 additional shares of common stock. The gross proceeds of the offering to Optinose are $46.0 million, before deducting underwriting discounts and before offering expenses. Optinose intends to use the net proceeds of the offering for working capital and general corporate purposes, including the commercialization of XHANCE, the clinical development of XHANCE for a follow-on indication for the...

Proactive Group Holdings acquires corporate website developer and designer Adnet Communications Inc

Written by Customer Service on November 18, 2021. Posted in Mergers And Acquisitions.

Toronto, Nov. 18, 2021 (GLOBE NEWSWIRE) — Proactive Group Holdings (“Proactive”), the digital investor engagement specialist, is pleased to announce the acquisition of Adnet Communications Inc (“Adnet”) a leading developer and designer of corporate websites for public and private companies. Based in Vancouver, British Columbia, Adnet has delivered website solutions for over 25 years, and currently has over 450 clients. Its product set, which also includes service maintenance, search engine optimisation, graphic design, and cloud storage services, will form an integral part of Proactive’s offering to Canadian companies. The transaction will allow Proactive to provide the entire suite of investor engagement tools and services to small- and mid-sized growth companies, enabling it to fully meet the needs of strategic partners such...

Perpetual Industries Reports Solid Third-Quarter Financial Growth

Written by Customer Service on November 18, 2021. Posted in Earnings Releases And Operating Results.

AUBURN, Ind., Nov. 18, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Perpetual Industries Inc. (OTCMARKETS:PRPI) (“Perpetual” or the “Company”), a diversified research and development company of energy-efficient technologies and products, is pleased to announce its financial and operating results for the third quarter of 2021. Third Quarter 2021 Highlights for the Period Ending Sept. 30, 2021:Gross revenues increased $5,142,718 in the nine months ending Sept. 30, 2021, over the same period in 2020 Gross profits increased $2,869,103 in the nine months ending Sept. 30, 2021, over the same period in 2020 Net income recorded of $566,676 in the three months ending Sept. 30, 2021, a growth of 443% over the same period in 2020 Cash reported on a consolidated basis of $3,471,679, an increase of 489% over year ending December 2020. Total...

Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend, Up 25% from Prior Year

Written by Customer Service on November 18, 2021. Posted in Dividend Reports And Estimates.

CLINTON, N.J., Nov. 18, 2021 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.10 per common share. Such dividend is payable on December 31, 2021, to shareholders of record as of December 17, 2021. This represents an 11% increase from the $0.09 dividend per common share paid in the prior quarter, and a 25% increase from the $0.08 dividend per common share paid in March 2021. The estimated dividend payout ratio is approximately 10% based on Unity’s September 30, 2021 quarterly results. “2021 has been a remarkable year for Unity Bank as we continue to bounce back from the effects of the ongoing pandemic,” said Unity Bank President & CEO James A. Hughes. “We are thrilled to share our record earnings with the bank’s shareholders...

Woodbridge International Closes Sale of Quatro Air Technologies Inc. to Absolent Air Care Group AB

Written by Customer Service on November 18, 2021. Posted in Mergers And Acquisitions.

NEW HAVEN, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Quatro Air Technologies Inc. and its subsidiary Aerofil Inc. by Absolent Air Care Group AB. Quatro Air Technologies headquartered in Pointe-Claire, Quebec, Canada develops and sells portable plug & play air cleaning solutions to remove particles at hospitals, dental labs, schools, data centers and offices. Aerofil distributes air cleaning solutions to remove particles and gas at industries such as minerals processing, pulp and paper and pharmaceutical. “We are very pleased to welcome the Quatro Air Technologies to Absolent. Through the acquisition, we are expanding our offer and strengthening our recurring sales of replacement filters. Quatro’s diversified...

Victory Bancorp, Inc. Declares Special Dividend

Written by Customer Service on November 18, 2021. Posted in Dividend Reports And Estimates.

LIMERICK, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) — Victory Bancorp, Inc. (OTCQX:VTYB) today announced that its Board of Directors has declared a one-time, special cash dividend of $0.10 per outstanding share of common stock. The dividend will be paid on or about December 14, 2021, to stockholders of record as of the close of business on November 29, 2021. Joseph Major, Chairman, and CEO commented, “Despite the many challenges faced by banks, and all businesses, over the past two years, we are pleased to be able to declare this special cash dividend to the shareholders, reflecting The Victory Bancorp’s strong financial position and confidence in our financial future. We believe we have considerable opportunities to look forward to in 2022 based on the talent and dedication of our talented team of bankers.” The Victory Bancorp, Inc....

Sanoma Corporation – Acquisition of own shares on 18 November 2021

Written by Customer Service on November 18, 2021. Posted in Public Companies.

SANOMA CORPORATION, STOCK EXCHANGE RELEASE, 18 November 2021 at 19:00 EET Sanoma Corporation – Acquisition of own shares on 18 November 2021 At Nasdaq Helsinki Ltd:Date 18 November 2021Exchange transaction BuyShare trading code SAA1VAmount, shares 13,000Average price/share, EUR 13.7971Total cost, EUR 179,362.30The company holds a total of 450,526 of its own shares (SAA1V) including the shares acquired on 18 November 2021. Detailed information concerning the acquisition is attached to this stock exchange release. On behalf of Sanoma Corporation DANSKE BANK A/S, FINLAND BRANCH Jonathan Nyberg Antti Väliaho Additional information Kaisa Uurasmaa, Head of Investor Relations and Sustainability, tel. +358 40 560 5601 Sanoma Sanoma is an innovative and agile learning and media company impacting the lives of millions...

Brandon J. Smith Joins Peapack Capital as Senior Vice President, Head of Asset Management

Written by Customer Service on November 18, 2021. Posted in Public Companies.

PeapackBrandon J. Smith, Senior Vice President, Head of Asset Management at Peapack Capital, a subsidiary of Peapack-Gladstone BankBEDMINSTER, NJ, Nov. 18, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Brandon J. Smith, Senior Vice President, Head of Asset Management, at Peapack Capital, a subsidiary of Peapack-Gladstone Bank. Based out of the Bank’s Short Hills, NJ location, Brandon is responsible for all aspects of the asset management function at Peapack Capital including equipment valuations and reviews, portfolio analyses, end of lease negotiations, equipment inspections and dispositions. Mr. Smith takes on this role as successor to David Santom, Peapack Capital’s current Head...

TOFUTTI Announces Adjournment of Annual Meeting of Shareholders to December 16, 2021

Written by Customer Service on November 18, 2021. Posted in Public Companies.

Cranford, New Jersey, Nov. 18, 2021 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) today convened and then adjourned the 2021 Annual Meeting of Shareholders (the “Annual Meeting”) without transacting any other business. The Annual Meeting was adjourned to be held Thursday, December 16, 2021 at 10:00 a.m. Eastern Time, at the Homewood Suites, 2 Jackson Drive, Cranford, New Jersey 07016. The Homewood Suites is located off Exit 136 of the Garden State Parkway (telephone no. 908-709-1980).. The adjournment provides the Company with additional time to solicit proxies from its shareholders to achieve a quorum at the Annual Meeting. The transaction of business at the Annual Meeting requires a quorum of more than one-half of the outstanding shares of the Company entitled to vote, represented in person or by proxy. Based on...

Day: November 18, 2021

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