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Day: November 22, 2021

Alpine Income Property Trust Increases Quarterly Dividend by 5.9% and Declares Dividend for the Fourth Quarter 2021

DAYTONA BEACH, Fla., Nov. 22, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a 5.9% increase in the Company’s quarterly cash dividend to $0.27 per share of common stock for the fourth quarter of 2021 as compared to its previous quarterly cash dividend of $0.255 per share of common stock.  The dividend is payable on December 30, 2021 to stockholders of record as of the close of business on December 9, 2021.  The ex-dividend date for the fourth quarter 2021 cash dividend is December 8, 2021. The fourth quarter 2021 cash dividend represents a 22.7% year-over-year increase as compared to the Company’s fourth quarter 2020 cash dividend and an annualized yield of approximately 6.0% based on the closing price...

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Verizon applauds FCC approval of TracFone acquisition

NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — The following statement is from Kathy Grillo, Verizon SVP & DGC, public policy and government affairs: “Verizon welcomes the FCC’s approval today of our TracFone acquisition. The deal will provide customers with the best of both worlds: more choices, better services and new features thanks to Verizon’s investment and innovation. Customers will benefit with enhancements in devices, network performance and innovative products and services — as well as a continued commitment to Lifeline. “We thank Chairwoman Rosenworcel, the Commissioners, and the FCC staff for their leadership and commitment to the public interest. “We also want to thank the commissioners, ALJ and staff of the California Public Utilities Commission, as well as many community-based organizations that expressed...

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Galapagos completes patient recruitment for MANGROVE Phase 2 trial with GLPG2737 in polycystic kidney disease

Mechelen, Belgium; 22 November 2021, 22.01 CET; Galapagos NV (Euronext & NASDAQ: GLPG) announces completion of recruitment in the MANGROVE Phase 2 trial with investigational CFTR inhibitor GLPG2737 in patients with autosomal dominant polycystic kidney disease (ADPKD). MANGROVE is a randomized, double-blind, placebo-controlled trial evaluating a once-daily oral dose of GLPG2737 (NCT04578548). The drug candidate or placebo is administered for 52 weeks, followed by an open-label extension period of 52 weeks, in 66 ADPKD patients with rapidly progressing disease. Patients are randomized in a 2:1 ratio of treatment to placebo. Primary objectives of the trial are to assess the effect on growth of total kidney volume over 52 weeks compared to placebo as well as overall safety and tolerability. Secondary objectives include renal function,...

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Eargo Receives Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

SAN JOSE, Calif., Nov. 22, 2021 (GLOBE NEWSWIRE) — Eargo, Inc. (Nasdaq: EAR) (the “Company” or “Eargo”), a medical device company on a mission to improve the quality of life of people with hearing loss, today announced the Company received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, since the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended September 30, 2021 (the “Form 10-Q”), the Company no longer complies with Nasdaq Listing Rule 5250(c)(1) for continued listing. Under the Nasdaq Listing Rules, the Company has 60 calendar days to submit a plan to regain compliance (the “Plan”) and, if Nasdaq accepts the Plan, Nasdaq may grant an exception of up to 180 calendar days from the Form 10-Q original filing due date, or until May 16, 2022, to regain compliance. The Company intends...

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28 Genesis Healthcare-Affiliated Facilities Identified by U.S. News & World Report as Best Nursing Homes for 2021-22

KENNETT SQUARE, Pa., Nov. 22, 2021 (GLOBE NEWSWIRE) — Genesis HealthCare today announced that 28 of its affiliated skilled nursing facilities were identified as Best Nursing Homes for 2021-22 by U.S. News & World Report (U.S. News). Only 13% of the nation’s skilled nursing facilities earned the U.S. News High Performing rating. U.S. News offers comprehensive information about care, safety, health inspections, staffing and more for almost all nursing homes in the country.  Individuals can easily conduct a customized search for a highly rated nursing home by location, Medicare and Medicaid coverage, Alzheimer’s care and size. U.S. News relies on data from Nursing Home Compare, a program run by the Centers for Medicare & Medicaid Services (CMS), the federal agency that sets and enforces standards for nursing...

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WillScot Mobile Mini Acquires Regional Storage Services Assets in Los Angeles

PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisition of the assets of Portable Storage Corporation in Los Angeles. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement. This acquisition adds about 3,000 storage units in the Company’s existing U.S. markets in California. Brad Soultz, Chief Executive Officer, commented, “I am excited to welcome the employees of Portable Storage Corporation to our team at WillScot Mobile Mini. Portable Storage Corporation’s operations expand our presence and capabilities in the greater Los Angeles area. Consistent with our M&A strategy, we look...

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mPhase Reports Record Fiscal 2022 First Quarter Results

Posts Highest Revenue and Gross Margin in Company History Gaithersburg, MD, Nov. 22, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a technology company developing the mPower 5G-enhanced electric vehicle (EV) charging network and consumer engagement platform, today reported financial results for its fiscal 2022 first quarter, which ended September 30, 2021. The quarter marked a return to profitability and showed improvement in multiple financial categories. Fiscal 2022 First Quarter Financial Highlights:Revenue grew $0.6 million or 8.4% to a record $8.2 million compared to $7.6 million in the prior year quarter; Gross profit margin increased 576 basis points to 31.6%, compared to 25.9% in the same year-ago quarter; Operating income of $1.4 million represents a 15.2% year-over-year...

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Global Water Resources to Present at the Bank of America 2021 Water Conference on December 6, 2021

PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2021 Water Conference being held virtually on December 6, 2021.   Global Water Resources CEO, Ron Fleming, is scheduled to participate in one-on-one meetings with institutional analysts and investors held throughout the day. He will be joined by the company’s SVP and CFO, Mike Liebman, and chief strategy officer, Chris Krygier. Management will discuss how organic growth and higher rates drove its first nine months of 2021 revenues up 9.5% to $31.6 million. The company also continued to pay its monthly dividend at an annualized rate of approximately $0.29 per share. They will also discuss the company’s growing portfolio of water utility...

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Alisher Nurmat Joins Gevo as VP/Controller

ENGLEWOOD, Colo., Nov. 22, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), announced today that Alisher Nurmat, CPA has joined Gevo as VP/Controller. Mr. Nurmat brings more than thirty years of experience and leadership in accounting and audits, SEC reporting, SOX, tax, management accounting, ERP implementation and management, IT, and finance functions. Most recently, he served as the VP Finance and Corporate Controller at Gold Resource Corporation, where he improved and successfully managed corporate internal and external financial and accounting operations. “I’m delighted to welcome Alisher to Gevo,” said Lynn Smull, Chief Financial Officer. “He has extensive experience leading accounting teams in the oil and gas, manufacturing, mining, and pipeline transportation industries. This includes publicly-held companies and companies...

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Altimmune to Present at Upcoming Investor and Scientific Conferences

GAITHERSBURG, Md., Nov. 22, 2021 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that members of the Company’s management team will be presenting virtually at the following conferences:Piper Sandler 33rd Annual Virtual Healthcare ConferenceNovember 29-December 2, 2021Webcast available now5th Annual NASH Summit 2021November 30, 20219:00 am Eastern Time4th Annual Evercore ISI HealthCONx ConferenceDecember 2, 202110:55 am Eastern TimePresentation materials, including webcast links to the Piper Sandler and Evercore ISI presentations, will be accessible on the Events section of the Altimmune website. About Altimmune Altimmune is a clinical stage biopharmaceutical company focused on developing treatments for obesity and liver diseases. Our pipeline includes next...

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