Day: December 17, 2021

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO:HOLD) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to announce that the Company has closed on the first of two tranches (the “First Tranche”) of its previously announced private placement (the “Offering”) of units (“Units”), pursuant to which the Company has issued an aggregate of 3,846,154 Units at a price of $2.60 per Unit for gross proceeds of approximately $10 million. The Company expects to complete the second tranche on or about December 22, 2021, which is expected to result in additional gross proceeds...

EVERETT, Wash., Dec. 17, 2021 (GLOBE NEWSWIRE) — Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the closing of its underwritten public offering of 851,853 shares of its common stock at a price to the public of $40.50 per share, including 111,111 shares of common stock sold pursuant to the underwriters’ option to purchase additional shares, which was exercised in full. The aggregate gross proceeds of the offering were approximately $34.5 million before deducting underwriting discounts and estimated offering expenses. The Company intends to use the net proceeds from this offering for general corporate purposes, including, without limitation, supporting investment opportunities and the Bank’s growth. Keefe, Bruyette & Woods,...

LOS ANGELES, Dec. 17, 2021 (GLOBE NEWSWIRE) — During fiscal 2021, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $49,389,000 as compared with $49,942,000 in the prior year. This decrease of $553,000 was primarily from decreases in (i) Journal Technologies’ license and maintenance fees of $603,000 and consulting fees of $1,399,000, and (ii) the Traditional Business’ trustee sale notice advertising net revenues of $264,000, display advertising net revenues of $92,000 and circulation revenues of $514,000, partially offset by increases in (i) Journal Technologies’ public service fees of $1,249,000 and (ii) the Traditional Business’ classified advertising net revenues of $13,000, legal notice advertising net revenues of $663,000 and government notice advertising net revenues of $158,000. The Traditional Business’...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Dec. 17, 2021 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX.V:EGT) (OTCQB: EGTYF) announces that, effective as of December 17, 2021, DHCT II Luxembourg SARL (“DHCT”), the Company’s largest shareholder, has elected to convert all of the Series A preferred shares (the “Series A Shares”) it holds, being 434,860 Series A Shares, into 18,119,167 common shares (the “Conversion Shares”) of the Company (the “Series A Conversion”). In respect of the accretive dividend payable on the Series A Shares, the Company has paid DHCT $500,000 and intends to issue 1,326,986 common shares of the Company (the “Dividend Shares”) to DHCT at a deemed price per share of $0.45, representing yesterday’s closing...

BLUEFIELD, Va., Dec. 17, 2021 (GLOBE NEWSWIRE) — First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) First Community Bankshares, Inc. (“First Community”) is pleased to announce the appointment of Dr. Beth A. Taylor to its board of directors, effective January 1, 2022. Dr. Taylor will also serve as a director for First Community’s banking subsidiary, First Community Bank. Dr. Taylor is a long-time resident of Wytheville, Virginia. She was first elected to the Wytheville Town Council in August 2016 and elected as Wytheville’s first female mayor on July 30, 2018 to a term ending December 31, 2022. She currently serves on the Crossroads Regional Industrial Facility Authority, the Beautification Task Force, the Budget and Finance Committee, and the Tree Advisory Committee. She routinely attends the Joint Industrial...

SAN FRANCISCO, CA, Dec. 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — APT Systems, Inc. (OTC Pink: APTY), a software development and fintech company, announced it had deployed its Spera stablecoin onto the Testnet as part of its internal testing and quality assurance prior to release of Spera onto the MainNet for distribution. “Releasing our Spera stablecoin onto the Testnet represents a major milestone in our development efforts,” says Glenda Dowie, Founder and Chief Executive Officer of APT Systems, Inc. “During this testing phase we perform a final quality assurance pass prior to bringing in third parties for independent security verification.” Testnet is an alternative blockchain used for validating cryptocoin functionality and Testnet coins are distinctively different from actual coins as they have no value. But their...

BEVERLY, Mass., Dec. 17, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that has commercialized an instrument for automated multiplex PCR testing, is pleased to announce the voting results of the Company’s 2021 Annual General Special Meeting (the “Meeting”) held on December 16, 2021 in Vancouver, British Columbia. A total of 50,094,097 common shares were voted at the Meeting, representing 41.97% of the votes attached to all outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were duly authorized and approved as follows:To set the number of Directors to be elected at five. Election of Directors. The appointment of RSM US LLP, Certified Public Accountants, as auditor of the Company for the ensuing year. The...