Day: December 20, 2021

Navient adopts short-term shareholder rights plan with 20% trigger

Written by Customer Service on December 20, 2021. Posted in Dividend Reports And Estimates.

Designed to ensure fair and equal treatment of all investors WILMINGTON, Del., Dec. 20, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Navient Corporation (Nasdaq: NAVI) has adopted a shareholder rights plan (the “Rights Plan”) and declared a dividend distribution of one preferred share purchase right on each outstanding share of Navient common stock. The Rights Plan is designed to protect shareholder interests by reducing the likelihood that any person or group would gain control of Navient through the open-market accumulation of the Company’s shares without appropriately compensating Navient’s shareholders for control. In adopting the Rights Plan, the Board noted, in particular, the recent stock activity and the accumulation of a substantial economic position in the Company by entities associated with Sherborne Investors Management...

Plumas Bank and the Federal Home Loan Bank of San Francisco join forces to donate $75,000 for wildfire relief

Written by Customer Service on December 20, 2021. Posted in Public Companies.

QUINCY, CALIF., Dec. 20, 2021 (GLOBE NEWSWIRE) — Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (NASDAQ:PLBC), recently announced that it donated $50,000 to the Dixie Fire Fund to provide disaster relief and long-term revitalization for communities affected by California’s largest wildfire in history. Today Plumas Bank shared that it secured another $25,000 in matching funds from the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). To date, the Dixie Fire Fund has raised more than $220,000. The fund is administered by The Community Foundation of Northern Nevada. “We are grateful for our partnership with the Federal Home Loan Bank San Francisco and appreciate their support in helping Plumas Bank respond to the urgent needs of our local communities,” commented President and Chief Executive Officer, Andrew...

Communities First Financial Corporation Ranks #3 Amongst Best Community Banks and Best Growth Strategy, by Bank Director

Written by Customer Service on December 20, 2021. Posted in Public Companies.

FRESNO, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) — Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today announced that it ranked third amongst the Best Community Banks and for their Best Growth Strategy by Bank Director, boasting a strong total shareholder return (“TSR”) from 2015 through 2020 at 205%, and a return of average assets (“ROAA”) of 1.60%, at the end of 2020. Bank Director is the leading information resource for directors and officers of financial institutions nationwide. “We are proud to be recognized as one of the Best Community Banks with the Best Growth Strategy in the nation in this select group of community banks,” said Steve Miller, President and Chief Executive Officer. “It is a great affirmation of our extraordinary staff and their...

Castor Maritime Inc. Announces Vessel Acquisition and New Charter Agreement

Written by Customer Service on December 20, 2021. Posted in Mergers And Acquisitions.

LIMASSOL, Cyprus, Dec. 20, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party in which a family member of Castor’s Chairman, Chief Executive Officer and Chief Financial Officer has a minority interest, for a purchase price of $23.55 million. The terms of the transaction were negotiated and approved by a special committee of disinterested and independent directors of the Company. The acquisition is expected to be concluded by taking delivery of the vessel after the completion of its ongoing dry docking and special survey that also includes the installation of a ballast water treatment system,...

Dr. Jessica Hopfield Appointed to Berkeley Lights Board of Directors

Written by Customer Service on December 20, 2021. Posted in Public Companies.

Addition of Experienced Independent Director with Accomplished Business Record Underscores Berkeley Lights Board of Directors’ Commitment to Delivering Value for Shareholders EMERYVILLE, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) — Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today announced the appointment of Jessica Hopfield, Ph.D. to the Berkeley Lights’ Board of Directors as an independent director, effective December 15, 2021. “Dr. Hopfield is a respected and accomplished industry veteran, and we are thrilled to welcome her to our Board,” said Eric Hobbs, Ph.D., chief executive officer of Berkeley Lights. “With more than two decades of medical device, biotech and pharmaceutical experience, Dr. Hopfield brings to Berkeley Lights valuable strategic insight and a strong focus on performance to drive...

New York City Department of Finance Extends Exela’s Partnership with New York State Industries for the Disabled for Tax Processing for an Additional 3 years

Written by Customer Service on December 20, 2021. Posted in Public Companies.

IRVING, Texas, Dec. 20, 2021 (GLOBE NEWSWIRE) — Exela Technologies (Nasdaq: XELA), a global business automation leader, today announced it has extended its partnership with the New York City Department of Finance and the New York State Industries for the Disabled (NYSID). Exela will provide services for tax returns. For more than twenty years, Exela has been providing innovative, robust and cost-effective solutions to federal and state departments of revenue. Some services include tax return processing, e-services, payment processing, tax data analytics and customer support services. Exela has provided solutions in partnership with NYSID and the award will extend this relationship to over a decade. “NYSID provides a great public service and we are honored to support their mission,” said Suresh Yannamani, President of Exela. “Our...

Western Uranium & Vanadium Provides Company Updates

Written by Customer Service on December 20, 2021. Posted in Public Companies.

Toronto, Ontario and Nucla, Colorado, Dec. 20, 2021 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to provide the following updates. Strategic Acquisition of Physical Uranium The Company has completed the acquisition of 125,000 pounds of natural uranium concentrate. This was announced in June 2021, and because of uranium prices at the time, Western paid a price of $32 per pound for the U3O8. Uranium currently has a spot value of ~$43 per pound. Thus a $5.4 million asset has been purchased for $4.0 million. The Company retains the optionality to hold this strategic uranium inventory as a long-term investment or use to fulfill its uranium supply agreement delivery for 2022. During 2021 there have been a multitude of catalysts for uranium miners and the...

American Premium Water Corp. (OTC:HIPH) Retains PCAOB Auditor Turner Stone & Company to Perform 2020 and 2021 Audits

Written by Customer Service on December 20, 2021. Posted in Public Companies.

The Company Intends to Become Fully Reporting and Explore Uplist Upon Successful Completion of Audit PLAYA VISTA, CA, Dec. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – American Premium Water Corporation (OTC: HIPH) (the “Company”) announces that it has retained Public Company Accounting Oversight Board (PCAOB) certified Turner Stone & Company (“Turner & Stone”) (www.turnerstone.com) to conduct a full two-year (2020 & 2021) audit of the Company. The object of the audit of the Company’s financial statements is the auditor’s expression of an opinion on the financial statements to ensure the content is fairly presented, and upon completion, the Company can take the next steps to becoming fully reporting. American Premium Water Corporation CEO Ryan Fishoff commented, “I am happy to announce that the Company has...

Neuronetics Announces 510(k) Clearance of MT Cap Technology for NeuroStar® Advanced Therapy for Mental Health

Written by Customer Service on December 20, 2021. Posted in Public Companies.

Technology will save practitioners and patients time during motor threshold determination MALVERN, Pa., Dec. 20, 2021 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced today that they have received 510(k) clearance on their MT Cap technology for NeuroStar® Advanced Therapy for Mental Health. A limited launch of the technology will begin in the coming weeks, with a national rollout in Q1 2022. “We’re delighted to bring to market this latest in a series of technologies designed to make the motor threshold determination process simpler and more efficient for clinicians,” stated Cory Anderson, VP of Clinical Affairs and Medical Operations....

ElectraMeccanica to Showcase Next Generation of Eco-Friendly SOLOs for Driver-Centric Mobility at CES 2022

Written by Customer Service on December 20, 2021. Posted in Public Companies.

Vehicle maker to exhibit three examples of unique electric vehicles – including refreshed SOLO concept – designed to “right size the daily commute” VANCOUVER, British Columbia, Dec. 20, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that the next revolution in fully-electric urban mobility is coming to the Consumer Electronics Show (CES) 2022, where the Company will showcase several variants of their award-winning single-seat, three-wheel electric SOLO EV at the Las Vegas Convention Center from January 5-8, 2022. First previewed at CES in 2018, where it won the IHS Markit Innovation Award, the SOLO EV redefines the idea of personal urban transportation. Today, almost 80 percent...

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Day: December 20, 2021

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