Day: December 9, 2021

Lithium Americas Closes Over-Allotment on Convertible Senior Notes Offering

Lithium Americas Closes Over-Allotment on Convertible Senior Notes Offering

VANCOUVER, British Columbia, Dec. 09, 2021 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced that the initial purchasers under its previously announced offering of US$225,000,000 aggregate principal amount of 1.75% convertible senior notes due 2027 (the “Notes” and the “Offering”) have exercised, in full, their option to purchase up to an additional US$33,750,000 aggregate principal amount of Notes (the “Over-Allotment Option”), increasing the total Offering size to US$258,750,000. “With the Offering complete and our US$205 million senior secured facility fully repaid, we have significantly enhanced our balance sheet while minimizing potential dilution to shareholders and reducing interest cost,” commented Jon Evans, President and CEO. “Additionally, by removing...

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Parks! America, Inc. Reports Q4 and Full Year Fiscal 2021 Results

Parks! America, Inc. Reports Q4 and Full Year Fiscal 2021 Results

  ● Fiscal 2021 generated record reported sales of $11.86 million and net income of $2.80 million   ● Comparable, pro forma 53-week attendance based sales increase $1.36 million, or 13.3%   ● Comparable, 13-week attendance based sales for Q4 decline $1.13 million, or 26.2% PINE MOUNTAIN, Georgia, Dec. 09, 2021 (GLOBE NEWSWIRE) — Parks! America, Inc. (OTCPink: PRKA), today announced the results for its fourth fiscal quarter and fiscal year ended October 3, 2021. Fourth Quarter Fiscal 2021 Highlights The fiscal quarters ended October 3, 2021 and September 27, 2020 each comprised 13 weeks. However, given the forward shift in our 2021 fiscal year calendar, in addition to reported sales comparisons, we will provide 13-week comparable sales. Reported total net sales for the fiscal quarter ended October 3, 2021 were $3.29 million,...

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ORIC Pharmaceuticals to Host ASH Conference Call with Key Opinion Leader to Discuss Potential of ORIC-533 in Multiple Myeloma

ORIC Pharmaceuticals to Host ASH Conference Call with Key Opinion Leader to Discuss Potential of ORIC-533 in Multiple Myeloma

Call to discuss poster presentation on ORIC CD73 inhibitor in human ex vivo multiple myeloma systems presented at the American Society of Hematology (ASH) Annual Meeting Senior author Dr. Kenneth Anderson to discuss beneficial effects of ORIC CD73 inhibitor on restoring human antitumor immunity in multiple myeloma Webcast event scheduled for Monday, December 13, 2021, at 5:30 p.m. ET SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, Dec. 09, 2021 (GLOBE NEWSWIRE) — ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced that the company will host a conference call and webcast to discuss their CD73 inhibitor program in multiple myeloma. On the call, management will be joined by Kenneth C. Anderson, M.D., Kraft Family...

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Fitch Ratings assigns Iveco Group N.V. expected Long-Term Issuer Default Rating of ‘BBB-(EXP)’

Fitch Ratings assigns Iveco Group N.V. expected Long-Term Issuer Default Rating of ‘BBB-(EXP)’

  Advertisement: This announcement is an advertisement for the purposes of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”) relating to the intention of Iveco Group N.V. (the “Company”) to proceed with the proposed first admission to listing and trading of all of the common shares of the Company on the regulated market of Euronext Milan (the “Admission”). This announcement does not constitute or form part of a prospectus within the meaning of the Prospectus Regulation and has not been reviewed nor approved by any regulatory or supervisory authority in any jurisdiction, including any member state of the European Economic Area (each, an “EEA Member”), the United Kingdom and the United States. This announcement is for information purposes only and is not intended to constitute, and should not be construed as, an offer...

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Onyx Acquisition Co. I Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 10, 2021

Onyx Acquisition Co. I Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 10, 2021

New York, New York, Dec. 09, 2021 (GLOBE NEWSWIRE) — Onyx Acquisition Co. I (NASDAQ: ONYXU) (the “Company”) announced that, commencing December 10, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “ONYX” and “ONYXW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “ONYXU.” No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate...

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Amerant Bancorp Inc. Declares Dividend

Amerant Bancorp Inc. Declares Dividend

CORAL GABLES, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) today announced that it has declared a cash dividend of $0.06 per share of Amerant common stock. The dividend is payable on or before January 15, 2022, to holders of record on December 22, 2021 (the “Record Date”). The aggregate amount of the payment to be made in connection with this dividend (currently estimated at $2.2 million) will depend on the number of shares issued and outstanding as of the Record Date.     “The Board of Director’s approval of this dividend evidences our commitment to increase total return to shareholders,” said Jerry Plush, Vice Chairman, President and CEO. “This also further underscores Amerant’s strong financial position and the confidence we have in the Company’s current and future performance.” About...

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<div>Phillips Edison & Company Announces Conversion Date of Class B Common Stock into Nasdaq-Listed Common Stock</div>

Phillips Edison & Company Announces Conversion Date of Class B Common Stock into Nasdaq-Listed Common Stock

CINCINNATI, Dec. 09, 2021 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, announced today that all outstanding shares of its Class B Common Stock will automatically convert into Nasdaq-listed Common Stock on a one-for-one basis and begin trading on the Nasdaq on January 18, 2022. The conversion will have no effect on the economic rights of holders of shares of Class B Common Stock, and PECO does not expect it to have any material effect on its future operations. The conversion will occur automatically and without any action on the part of shareholders pursuant to PECO’s charter, as amended or supplemented. The Common Stock has the same preferences, rights, voting powers...

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California Water Service Group Named to Newsweek’s “America’s Most Responsible Companies” 2022 List

California Water Service Group Named to Newsweek’s “America’s Most Responsible Companies” 2022 List

SAN JOSE, Calif., Dec. 09, 2021 (GLOBE NEWSWIRE) — For its efforts related to environmental, social, and governance (ESG) matters, California Water Service Group (Group) (NYSE: CWT) has been named one of “America’s Most Responsible Companies” by Newsweek magazine for 2022. The distinction was recently presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. Group ranked first among water utilities and 180th overall among all companies nationwide. The list, which recognizes companies spanning 14 industries, names the top 500 out of 2,000 of the largest public companies by revenue in the United States. America’s Most Responsible Companies were selected based on publicly available key performance indicators (KPIs) derived from corporate social responsibility, sustainability, and corporate...

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Costco Wholesale Corporation Reports First Quarter Fiscal Year 2022 Operating Results

Costco Wholesale Corporation Reports First Quarter Fiscal Year 2022 Operating Results

ISSAQUAH, Wash., Dec. 09, 2021 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter (twelve weeks) of fiscal 2022, ended November 21, 2021. Net sales for the first quarter increased 16.7 percent, to $49.42 billion from $42.35 billion last year. Comparable sales for the first quarter fiscal 2022 were as follows:                 12 Weeks   12 Weeks           Adjusted*     U.S. 14.9%   9.9%     Canada 17.2%   8.3%     Other International 13.4%   10.9%                 Total Company 15.0%   9.8%                 E-commerce 14.3%   13.3%               *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $1,324 million, $2.98 per diluted share, compared to $1,166...

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Proterra Announces Leadership Succession Plan

Proterra Announces Leadership Succession Plan

Gareth Joyce to Succeed Jack Allen as Chief Executive Officer, effective January 1, 2022; Jack Allen to Transition to Non-Executive Chairman of the Board Karina Franco Padilla Appointed Chief Financial Officer ML Krakauer Appointed to the Proterra Board; Ryan Popple to Step Down as Director BURLINGAME, Calif., Dec. 09, 2021 (GLOBE NEWSWIRE) — Proterra Inc (Nasdaq: PTRA) (“Proterra” or the “Company”), a leading innovator in commercial vehicle electrification technology, today announced that Gareth Joyce, who currently serves as President of Proterra, will succeed Jack Allen as Chief Executive Officer and join the Company’s Board of Directors, effective January 1, 2022. Mr. Allen will retire as CEO and continue to serve on the Company’s Board as Non-Executive Chairman at that time. Mr. Allen said, “It has been a privilege to serve...

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