Day: November 18, 2021

Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for December for Series A Cumulative Redeemable Perpetual Preferred Stock

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

COS COB, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for December. The dividend will be payable on December [15], 2021 to holders of record as of November 30, 2021. The dividend will be paid in cash. ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand networks (VOD). The Company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including...

Cassava Sciences Initiates a Second Phase 3 Study of Simufilam for the Treatment of Patients with Alzheimer’s Disease

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

Second Phase 3 Study is Designed to Evaluate Safety and Efficacy of Simufilam Over 78 Weeks in 1,000 Patients with Alzheimer’s Disease AUSTIN, Texas, Nov. 18, 2021 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company, announced today it has initiated a second Phase 3 study of simufilam, the Company’s investigational drug for patients with Alzheimer’s disease. This second Phase 3 study is designed to evaluate the safety and efficacy of simufilam over 78 weeks in approximately 1,000 patients with Alzheimer’s disease across clinical sites in the U.S. and Canada. “Alzheimer’s disease isn’t going away anytime soon, and neither are we,” said Remi Barbier, President & CEO. “Developing a new drug solution for Alzheimer’s is a daunting task during the best of times. During these times of outlandish allegations...

Patriot Bank Obtains Preliminary Investment Grade Rating

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

STAMFORD, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Kroll Bond Ratings Agency (“KBRA”) assigned a preliminary deposit and issuer rating of BBB, and preferred stock rating of BBB- to the digital-first national bank being created by the proposed merger of American Challenger Development Corp. (“American Challenger”) with Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ: PNBK), the holding company of Patriot Bank, N.A., a national bank headquartered in Stamford, Connecticut. “The contribution of common equity from the parent is projected to create significant overcapitalization and common equity cushion below the preferred stock while the bank transitions to a stabilized business profile,” Kroll declared. They concluded, “Underpinning the ratings is KBRA’s favorable view of the depth and expertise of management.” While the assigned...

Woodbridge International Closes Sale of Climalock to Crown Capital Investments

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, Climalock by Crown Capital Investments. Climalock, headquartered in Warsaw, Missouri, is an industry leader in the design and use of custom vertical and horizontal panel systems. The company has an 8-year reputation of supplying quality tank insulation systems to industry leaders. Crown Capital Investments (“CCI”), based in Atlanta, Georgia, acts as an Opportunity Bridge between Family Offices and Operating Businesses. For Operating Businesses, CCI provides access to capital and a proven consultative methodology to optimize operations and add enterprise value. Woodbridge International’s ground-breaking approach to marketing a company globally has...

Corporate Update: FuelPositive Releases Operational Costing Model and Timeline for Green Ammonia Production System

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

Affordability, Practicality and an Aggressive TimelineSecure FuelPositive’s Place as a Green Ammonia Leader TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (“FuelPositive” or the “Company”) is issuing the following update to share the status of the Company and its green ammonia technology. FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable clean agriculture, energy and chemical solutions to combat climate change. Its lead technology is a modular and scalable system for producing green ammonia for use across a broad spectrum of industries and applications. “This has been an incredible year for us. In January, we became FuelPositive; in March, we signed the intellectual property acquisition deal for our green ammonia...

Red Pine Closes C$8,400,405 “Bought Deal” Private Placement of Flow-Through Shares

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

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSX-V:RPX) (“Red Pine” or the “Company”) is pleased to announce that it has closed its previously announced “bought deal” private placement (the “Offering”) with Haywood Securities Inc. (“Haywood”), as sole underwriter and bookrunner. The Offering consisted of 12,923,700 flow-through shares of the Company (the “FT Shares”), including full exercise of the Underwriter’s Option, at a price of C$0.65 per FT Share, such FT Shares qualifying as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)), for aggregate gross proceeds of C$8,400,405. The gross proceeds from the Offering will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify...

Wrap Technologies Provides Update on Securities Class Action Complaint

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

TEMPE, Ariz., Nov. 18, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that, on November 15, 2021, the United States District Court for the Central District of California (the “Court”) granted the Company’s motion to dismiss the consolidated amended complaint filed on behalf of a putative class of shareholders in In re Wrap Technologies, Inc. Securities Exchange Act Litigation, Case No. 20-8760-DMG (the “Action”). The lead plaintiff has been granted leave to file a second amended complaint by December 6, 2021. About WRAPWRAP Technologies (Nasdaq: WRAP) is a global leader in innovative public safety technologies and services. WRAP develops creative solutions to complex issues and empowers public safety officials...

Just in Time for Winter! Oatly Introduces New Frozen Oatly on a Stick. And Yeah, These Things Are Delicious

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

Non-Dairy Frozen Dessert Bars to Hit U.S. Stores Beginning This December NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, announced today the introduction of its latest product innovation, Oatly non-dairy frozen dessert bars (also lovingly referred to as, Oatly on a stick). The indulgent and delicious treats join a North American portfolio of Oatly frozen desserts that in less than two years, has become the number one oat-based ice cream brand1. Entering a frozen novelties category worth $5.4 billion in the U.S.2, Oatly non-dairy frozen dessert bars unlock a significant opportunity for people to continue making the switch to plant-based foods like oatmilk, which have a lower impact – on emissions and natural resources –...

LegalZoom to Present at Upcoming Investor Conferences

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

GLENDALE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) — LegalZoom.com, Inc. (NASDAQ: LZ), the No. 1 brand in online small business formations and a leading online platform for legal, compliance and tax solutions, today announced the following upcoming investor conference presentations. Chief Executive Officer, Dan Wernikoff will present at:Credit Suisse Annual Technology Conference on Tuesday, November 30, 2021, at 12:40 p.m. ET (9:40 a.m. PT). Barclays Global Technology, Media and Telecommunications Conference on Tuesday, December 7, 2021, at 1:20 p.m. ET (10:20 a.m. PT).Chief Financial Officer, Noel Watson will present at:Raymond James Annual Technology Conference on Wednesday, December 8, 2021, at 4:00 p.m. ET (1:00 p.m. PT).Live webcasts of the presentations will be available on the LegalZoom investor relations website at...

Friendly Hills Bancorp Reports Third Quarter Results; Planned Departure of Its Chief Executive Officer

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

WHITTIER, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (OTCBB: FHLB), the holding company for Friendly Hills Bank, reports results for the third quarter of 2021 the planned departure of its Chief Executive Officer, Jeffrey Ball, to pursue other business opportunities and the appointment of Mr. Christopher Naghibi to its Boards of Directors. For the nine-month period ended September 30, 2021, the bank reported net income of $784,000 or $0.39 per basic and diluted share of common stock which includes $494,000 in income from an Employee Retention Tax Credit (ERTC). The bank reported net income of $622,000 or $0.31 per basic and diluted share of common stock for the nine months ended September 30, 2020 (which includes a $150,000 provision for loan losses). As of September 30, 2021, the bank reported total assets...

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Day: November 18, 2021

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