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Day: December 27, 2021

Retail Opportunity Investments Corp. Issues Annual Environmental, Social & Governance Report

SAN DIEGO, Dec. 27, 2021 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report. The report is available at: https://investor.roicreit.com. HIGHLIGHTS7% reduction in same-center greenhouse gas emissions 5% reduction in same-center energy consumption Awarded 2021 Green Lease Leader (“Gold” designation) by U.S. Department of Energy Commenced comprehensive Environmental Management System program Enhanced reporting regarding key sustainability and climate-related disclosures 100% corporate participation in annual diversity, equity and inclusion training Continued employee community environmental engagement initiatives Added three new, diverse independent directors to Board of Directors Enhanced corporate governance (amended...

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Harbor Custom Development, Inc. Closes on Sale of 30 Developed lots to Modern Homestead for $6,045,000

Gig Harbor, Washington , Dec. 27, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced  that it has closed on the sale  of 30 developed lots in the Summit Rock golf course development in Horseshoe Bay Texas to Modern Homestead, LLC for $6,045,000. Following the sale, Harbor will maintain 78 developed lots in the Summit Rock development and anticipates beginning construction on multiple single-family homes in 2022. https://www.hsbresort.com/golf/summit-rock  “We continue to execute on our stated business objectives by monetizing our real estate assets early in the development cycle,” stated Sterling Griffin, President...

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Metacrine Announces Resignation of Chief Medical Officer

SAN DIEGO, Dec. 27, 2021 (GLOBE NEWSWIRE) — Metacrine, Inc. (NASDAQ:MTCR), a clinical-stage biopharmaceutical company pioneering differentiated therapies for patients with gastrointestinal and liver diseases, today announced that Hubert C. Chen, M.D., chief medical officer, has resigned to pursue a new opportunity. Dr. Chen’s resignation is effective December 31, 2021. Preston Klassen, M.D., MHS, chief executive officer, is expected to assume responsibility for Metacrine’s ongoing clinical trials and future clinical operations. “We appreciate Hubert’s significant contributions during the last three years as we moved our pipeline through several important milestones,” said Preston Klassen, M.D., MHS, CEO, Metacrine. “Hubert has established a strong team in our R&D organization that will continue to serve us well as we focus...

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FactSet to Acquire CUSIP Global Services for $1.925 Billion

Operator of Market Standard Security Identifiers for More Than 50 Years Consistent Revenue Growth and Robust Margins Highly Complementary to FactSet Expected to Be Accretive to FactSet’s Adjusted Diluted EPS and Adjusted Operating Margins in the First Year NORWALK, Conn., Dec. 27, 2021 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information and analytical applications, today announced that it has entered into a definitive agreement to acquire CUSIP Global Services (CGS) from S&P Global for $1.925 billion in cash. FactSet also expects to receive an estimated tax benefit of approximately $200 million as part of the transaction.1 The acquisition will significantly expand FactSet’s critical role in the global capital markets, advancing its open data strategy. CGS manages a database...

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CPI Aerostructures Reports First Quarter 2021 Results

First Quarter 2021 vs. First Quarter 2020 (Re-stated)Revenue of $30.8 million compared to $16.9 million. Gross profit of $4.9 million compared to $0.2 million. Gross margin of 16.0% compared to 0.9%. Net income of $1.2 million compared to net loss of $(3.4) million. Earnings per diluted share of $0.10 compared to loss per diluted share of $(0.29).EDGEWOOD, N.Y., Dec. 27, 2021 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three-month period ended March 31, 2021. Commenting on first quarter 2021 results, Douglas McCrosson, president and CEO, said, “As several newer defense programs entered the manufacturing phase and other early-stage programs ramped up production we delivered 83% higher revenue while also achieving a 1,500-basis point improvement in gross...

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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc), Completes the Acquisition of Tennessee-based Bull Head Products Incorporated

NEW YORK, NY, Dec. 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. Leading up to the completion of this acquisition, ILUS had previously completed three acquisitions in the first two quarters of 2021, and since then the company has agreed and signed pre-contract agreements for a further four acquisitions which it is in the process of completing. Of the four agreed acquisitions, ILUS has now completed the acquisition of Bull Head Products Inc and will take over the ownership and operation of the business with immediate effect.  Bull Head Products is a specialist aluminium truck bed manufacturer and vehicle converter with customers across the United States in...

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Capital Bancorp Announces Board of Director Changes

ROCKVILLE, Md., Dec. 27, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc., (NASDAQ: CBNK) (“Capital” or “Company”) the holding company of Capital Bank, N.A. (the “Bank”), continues its proud tradition of strong leadership with the announcement of new board member Jerome Bailey. Bailey is a member of the Bank’s board and managing member of Bailey Real Estate Holdings, LLC in Washington, D.C., and has been a leader in the multifamily, affordable housing industry in the D.C. area for nearly two decades. “We are pleased to have Jerome Bailey join us on the holding company board. Over the years, he has proven himself a seasoned and capable entrepreneur starting his own real estate development company while focusing on his many philanthropic initiatives to uplift the community in which he lives,”...

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Aclaris Therapeutics to Participate in the H.C. Wainwright BioConnect Virtual Conference

WAYNE, Pa., Dec. 27, 2021 (GLOBE NEWSWIRE) — Aclaris Therapeutics, Inc. (NASDAQ: ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced that Dr. Neal Walker, President and CEO of Aclaris, will participate in a fireside chat at the H.C. Wainwright BioConnect Virtual Conference, which will be available beginning on Monday, January 10, 2022 at 7:00 a.m. ET. A webcast of the fireside chat may be accessed through the “Events” page of the “Investors” section of Aclaris’ website, www.aclaristx.com. The webcast will be archived for at least 30 days on the Aclaris website. About Aclaris Therapeutics, Inc. Aclaris Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates to address the needs of patients...

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Aterian Signs A $50 Million Credit Facility With MidCap Financial Trust

Pays off Remaining $25 Million Term Loan NEW YORK, Dec. 27, 2021 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian”) announced today that it has signed an asset backed credit facility with MidCap Financial Trust (“MidCap”), which is managed by a subsidiary of Apollo Global Management, Inc. The credit facility has a three year term and gives Aterian access to up to $50 million in total credit, consisting of $40 million in commitments with an accordion facility of an additional $10 million. On the closing, Aterian has repaid in cash and satisfied all outstanding obligations under its existing $25.0 million term loan with High Trail. Aterian’s Chief Executive Officer, Yaniv Sarig, commented, “This credit facility is a testament to MidCap’s understanding of our business, strong expertise in E-Commerce and their commitment to...

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Pluristem Reports Topline Results from its Phase II Studies of Acute Respiratory Distress Syndrome Associated with COVID-19

HAIFA, Israel, Dec. 27, 2021 (GLOBE NEWSWIRE) — Pluristem Therapeutics Inc. (Nasdaq:PSTI) (TASE:PSTI) (the “Company”), a leading biotechnology company, today announced topline results from its Phase II dose escalation studies evaluating the safety and efficacy of intramuscular injections of PLX-PAD cells for the treatment of Acute Respiratory Distress Syndrome (ARDS) associated with COVID-19. The analysis is based on 89 patients enrolled in two Phase II studies in the U.S. (the “U.S. study”) and in Europe and Israel (collectively, the “EU study” and together with the U.S. study, the “Studies”). The primary efficacy endpoint was the number of ventilator free days (VFD) from day 1 through day 28 of the Studies. VFD at day 60 and all-cause mortality at days 28 and 60 were part of the secondary efficacy endpoints in the Studies. The...

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