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Day: December 10, 2021

Stran & Company, Inc. Announces Closing of a $21.7 Million Private Placement

Quincy, Mass, Dec. 10, 2021 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the closing of its previously announced private placement of common stock and warrants. Under the terms of the securities purchase agreement, Stran sold 4,371,926 shares of its common stock and warrants to purchase up to 5,464,903 shares of common stock. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $4.97 per share. The warrants will expire five years from the date of issuance. The purchase price for one share of common stock and one and one-fourth corresponding warrant will be $4.97....

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CTO Realty Growth Completes Sale of the Remaining Daytona Beach Land Within Its Land Joint Venture

DAYTONA BEACH, Fla., Dec. 10, 2021 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the joint venture entity that holds the remaining Daytona Beach land portfolio of approximately 1,600 acres (the “Land Venture”) has completed the sale of all of its remaining land for $66.3 million (the “Land Venture Sale”) to Timberline Acquisition Partners, an affiliate of Timberline Real Estate Partners. Proceeds to CTO after distributions to the other member of the Land Venture and before taxes are estimated to be approximately $24.4 million. Following the completion of the Land Venture Sale, the Company ends its iconic, 111-year role as a substantial Florida landowner, which at one time included the ownership of approximately two million acres. Over the past 10 years, the Company has strategically...

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MDxHealth Shareholder Transparency Declaration

NEWS RELEASE – REGULATED INFORMATION 10 December 2021, 23:55 CET MDxHealth Shareholder Transparency Declaration IRVINE, CA, and HERSTAL, BELGIUM – 10 December 2021 – MDxHealth SA (Nasdaq and Euronext Brussels: MDXH) (the “Company” or “MDxHealth“), a commercial-stage precision diagnostics company, announces today in accordance with Article 14 of the Belgian Act of 2 May 2007 on the disclosure of important participations in issuers of which shares are admitted to trading on a regulated market and regarding miscellaneous provisions (the “Belgian Transparency Act“), that it received the following notification. MDxHealth was notified that the number of shares with respect to which Scorpiaux BV can exercise voting rights passively crossed below the threshold of 3% of the outstanding shares and voting rights...

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Empire Mine Deep Sulphide Drilling Continues to Intercept High-Grade Polymetallics

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 10, 2021 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Copper Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Idaho, USA. Further to previous ExGen news releases, ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine Project. ExGen also owns 1,330,000 common shares of Phoenix. ExGen is pleased to report that Phoenix, (the operator of the Empire Mine Project), has provided further analytical results from the 2021 Deep Sulphide core drilling program, below the known open pit oxide resource, at...

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[Updated] Quad M dramatically increases its employees utilizing its staffing solution Company continues its asymptotic revenue growth

EDGEWATER, N.J., Dec. 10, 2021 (GLOBE NEWSWIRE) — Joseph Frontiere, CEO of Quad M Solutions, Inc. said “Quad M Solutions (MMMM: OTC Pink) is rapidly adding employees using our staffing solution because of our unique approach of providing employee benefits. As we entered December of this year the company has staffed approximately 9,000 employees from companies utilizing our staffing product. We anticipate meeting or exceeding our public target of $20,000,000 a month in revenue increase around the beginning of 2022. Obviously, the timing is subject to our execution, but the demand for our staffing solution is very robust. We have been able to achieve this by being a company that is focused on improving the productivity of labor benefits administration through proprietary best of breed technologies and organizational structure.” NuAxess...

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Ninepoint Partners Announces Completion of Mergers, De-Listing and New Listing

TORONTO, Dec. 10, 2021 (GLOBE NEWSWIRE) — Ninepoint Partners LP (Ninepoint Partners) is pleased to announce that it has completed the previously announced mergers of Ninepoint Diversified Bond Class, Ninepoint Resource Class, Ninepoint Silver Equities Class, Ninepoint Risk Advantaged U.S. Equity Index Class, Ninepoint Return Advantaged U.S. Equity Index Class and Ninepoint Focused Global Dividend Class into Ninepoint Diversified Bond Fund, Ninepoint Resource Fund, Ninepoint Silver Equities Fund, Ninepoint Risk Advantaged U.S. Equity Index Fund, Ninepoint Return Advantaged U.S. Equity Index Fund and Ninepoint Focused Global Dividend Fund, respectively. The ETF series securities of Ninepoint Silver Equities Class have been de-listed and are no longer available for purchase. The ETF series securities of Ninepoint Silver Equities Fund...

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Pyrophyte Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Warrants, Commencing December 17, 2021

Houston, TX, Dec. 10, 2021 (GLOBE NEWSWIRE) — Pyrophyte Acquisition Corp. (NYSE: PHYT.U) (the “Company”) today announced that, commencing December 17, 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. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols “PHYT” and “PHYT WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “PHYT.U.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order...

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Waterstone Financial, Inc. Announces Share Repurchase Program

WAUWATOSA, Wis., Dec. 10, 2021 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF) (the “Company”) announced that on December 10, 2021, its Board of Directors authorized a share repurchase program pursuant to which the Company intends to repurchase up to 3,500,000 of its issued and outstanding shares, representing approximately 14.1% of its issued and outstanding shares of common stock. The repurchase program will commence on or about December 13, 2021.  This share repurchase program follows the Board of Directors termination of the previous repurchase program during which the Company repurchased a total of 1,453,554 shares of its common stock at a weighted average price of $17.16 per share.  The timing of the repurchases will depend on certain factors, including but not limited to market conditions and prices,...

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Anika Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BEDFORD, Mass., Dec. 10, 2021 (GLOBE NEWSWIRE) — Anika Therapeutics, Inc. (NASDAQ: ANIK), a global joint preservation company in early intervention orthopedics, today announced that on December 1, 2021, Anika granted non-statutory stock options covering an aggregate of 1,069 shares of common stock (the “Options”) and restricted stock units (the “RSUs”) covering an aggregate of 468 shares of common stock to 1 newly hired non-executive employee. Each grant was made pursuant to the Anika Therapeutics, Inc. 2021 Inducement Plan, was approved by the compensation committee of the board of directors pursuant to a delegation of authority by the board of directors, and, in accordance with Nasdaq Listing Rule 5635(c)(4), was made as a material inducement to the grantee’s acceptance of employment with Anika as a component of the grantee’s...

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Psychemedics Corporation Declares Cash Dividend

ACTON, Mass., Dec. 10, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced that it has declared a cash dividend of $0.05 per share to be paid on December 30th, 2021 to shareholders of record as of December 20th, 2021. As the record shows, the Company paid 94 consecutive dividends (23 ½ years) through the first quarter of 2020, even during the financial crisis in 2008. However, because of the COVID pandemic, the dividend was suspended during 2020 and 2021 thus far as the Company prioritized its liquidity and balance sheet. The Company has consistently been committed to paying a cash dividend and it took a pandemic to break the Company’s long history of consecutive quarterly dividend payments. Raymond C. Kubacki, Chairman and Chief Executive...

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