Day: December 7, 2021
OAK RIDGE, N.J. and CRANBURY, N.J., Dec. 07, 2021 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (“1st Constitution”) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, announced the receipt of their respective shareholder approvals in connection with the proposed merger of 1st Constitution with and into Lakeland.
The closing of the proposed merger remains subject to the approval of or waiver by the Board of Governors of the Federal Reserve System and certain other customary closing conditions. The merger is expected to close in January 2022.
About Lakeland Bancorp, Inc.
Lakeland Bancorp, Inc. has an extensive branch network and commercial lending centers throughout New Jersey and in Highland Mills, New York, and offers business...
Franchise Group, Inc. Increases Quarterly Common Stock Dividend by 40%
Written by Customer Service on . Posted in Dividend Reports And Estimates.
DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that its Board of Directors approved a 40% increase to its quarterly cash dividend to common stockholders of $0.625 per share. The cash dividend will be paid on or about January 15, 2022 to holders of record of the Company’s common stock on the close of business on December 31, 2021.
About Franchise Group, Inc.Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophy to generate strong cash flow for its shareholders. Franchise Group’s business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Badcock Home Furniture & more, Buddy’s...
Franchise Group, Inc. Provides Financial Outlook for Fiscal Year 2022
Written by Customer Service on . Posted in Public Companies.
Non-GAAP EPS of approximately $5.00
Adjusted EBITDA of approximately $450 million
Expects to reduce net debt from approximately $1.7 billion to approximately $1.1 billion by the end of fiscal year 2022DELAWARE, Ohio, Dec. 07, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG,” or the “Company”) today announced its outlook for its fiscal year 2022.
For the fiscal year 2022, the Company expects to generate revenue of approximately $4.45 billion, net income of approximately $180 million or $4.20 per share, Adjusted EBITDA of approximately $450 million and Non-GAAP EPS of approximately $5.00 per share. In formulating its outlook, the Company anticipates it will complete the sale of non-core assets acquired from W.S. Badcock Corporation (“Badcock”) by the end of its fiscal second quarter of 2022...
Tytan Cybernetics (“Video River Networks” OTC) Announces Plan to Conduct S-1 Registration of its Drive-Crypto-EV Token.
Written by Customer Service on . Posted in Public Companies.
Tytan CyberneticsS-1 Registration of Drive-Crypto-EV TokenTORRANCE, Dec. 07, 2021 (GLOBE NEWSWIRE) — Tytan Cybernetics/ Video River Networks “the Company” (OTC: NIHK TWTR: @NIHKEV), a technologically innovative holding company for Electric Vehicle, Fintech, Ai, Robotics, Drones, Distressed assets, and Business opportunities within the high growth, Fintech, Ai, Health, Sports and Entertainment industries, announces plan to conduct S-1 registration of its Drive-Crypto-EV Token. The Company has therefore postponement of the launch its tokens and token-website originally scheduled for 12/10/2021.
“Following the counsel of our lawyers, we have decided to register our Drive-Crypto-EV Token using the Form S-1. Since NIHK already has a PCAOB audited financials and an effective S-1 on the book, it would cost the company...
Caldwell Investment Management Announces Estimated Annual 2021 Special Distribution for Caldwell U.S. Dividend Advantage Fund ETF
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Dec. 07, 2021 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”) announces the estimated annual special year-end distribution for the 2021 tax year for the actively-managed ETF Series of the Fund (TSX Ticker: UDA) to unitholders of record as indicated below. Please note that this is an estimated amount as of December 6, 2021 and includes certain forward-looking information, which may cause the Special Distribution to change before the Fund’s tax year-end on December 15, 2021. The estimated amount is for the Special Distribution only and does not include the ongoing, regular monthly distribution amounts which were either previously announced, or which are...
Mycotopia and Ei.Ventures sign LOI to Explore Merger and Formation of PSLY.COM, a $360 Million Transaction, And Will Apply To List Shares On NASDAQ
Written by Customer Service on . Posted in Mergers And Acquisitions.
Post-acquisition company would focus on Ei.Ventures’ flagship product Psilly, a whole-plant Botanical Psilocybin-based formulation, which is currently in the pre-clinical phase
MIAMI, Dec. 07, 2021 (GLOBE NEWSWIRE) — Mycotopia Therapies Inc. (OTC Pink: TPIA) (the “Company”), a biopharma company focused on research, technology, and the development of medical psychedelics, announced today it has entered into a letter of intent regarding a potential acquisition of botanical psilocybin pioneer, Ei.Ventures. When a definitive agreement is reached, the combined companies intend to pool their resources to develop regulatory approved, plant-derived, psychoactive therapeutic treatment options and non-psychoactive nutritional supplements and related products that address global mental healthcare needs. The parties expect any transaction...
UPDATE: One World Universe, Inc. Buys Additional LAND Within The Sandbox Virtual Metaverse
Written by Customer Service on . Posted in Public Companies.
CEO Jerry C. Craig to Conduct First Interview to Be Released Friday
HUNTINGTON BEACH, CA, Dec. 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse and providing humanitarian efforts in over 185 countries, has purchased two additional LAND within the Sandbox Virtual Metaverse world and is bidding on 3×3 parcels within the OpenSea NFT marketplace and plans to purchase no less than $100,000 worth of land this week alone.
The Sandbox is a community-driven platform where creators can monetize voxel assets and gaming experiences on the blockchain. The Sandbox Metaverse comprises a map made up of 166,464 LANDS. LAND owners can host contests...
Proactive news headlines including BuzzFeed, Steppe Gold, Esports Entertainment Group, Sanatana Resources and Renforth Resources
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York , Dec. 07, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:BuzzFeed has a first day to forget click here
Steppe Gold gets price target raised to $3.50 from Stifel after positive feasibility study report on Phase II sulphide expansion click here
Sanatana Resources advancing exploration program at Oweegee copper-gold project in British Columbia click here
Aftermath Silver kicks off 6,000 metre, Phase I drill program at its Berenguela project in southern Peru click here
Northstar Gold completes drilling at its Miller property in Ontario; closes its private placement click here
Todos Medical says its CLIA/CAP lab Provista Diagnostics enters two new coronavirus PCR testing reference lab contracts click...
Micron Solutions, Inc. Receives $248K in Training Grant
Written by Customer Service on . Posted in Public Companies.
FITCHBURG, Mass., Dec. 07, 2021 (GLOBE NEWSWIRE) — Micron Solutions, Inc. (OTCQB: MICR) (the “Company”), a diversified contract manufacturing organization, was awarded $247,800 in grant funding via the Commonwealth of Massachusetts’ Workforce Training Fund Program.
Micron Solutions currently employs 113 associates, all in Fitchburg, Massachusetts. The training plan made possible by this grant will aid us in our enhancements as a best-in-class manufacturing company. Our goal is to create an engaged workforce and a unified Lean Culture where our team is able to develop and implement skills to eliminate waste and improve processes and sustain Operational Excellence at Micron’s 120,000 square foot facility.
Bill Laursen, President and CEO of Micron stated: “One of Micron’s core values is to embrace learning and growth while fostering...
Sorrento Begins Enrollment in Phase 2 Trial of Resiniferatoxin (RTX) for the Treatment of Pain Due to Knee Osteoarthritis (OA)
Written by Customer Service on . Posted in Public Companies.
A Phase 2 trial of intra-articular RTX for knee OA pain has enrolled its first two patients.
The injections were well tolerated and both patients were discharged home after a brief period of observation.
Phase 1b data demonstrated significant efficacy supporting RTX as an ideal candidate for long-term control of refractory OA pain: significant pain relief observed in patients with advanced OA disease and sustained pain relief last beyond 6 months and in many cases longer than a year with several patients experiencing more than 3 years of benefit.
Sorrento believes RTX has the potential to become a key therapeutic for non-opioid pain with a market potential to exceed $10B by 20251SAN DIEGO, Dec. 07, 2021 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today announced that the Phase 2 clinical...