Year: 2021
Addition of Leading Architectural Building Products Manufacturer to Significantly Expand DMC’s Addressable Market
Acquisition Expected to be Accretive to Earnings in 2022;Will Double DMC’s Consolidated Annual Sales to Nearly $500 Million, Enhance Gross Margin
BROOMFIELD, Colo., Dec. 17, 2021 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM), a diversified holding company, has signed a definitive agreement to acquire a 60% controlling interest in privately held Arcadia Inc. for $282.5 million in cash and DMC stock. Arcadia is a leading U.S. supplier of architectural building products, which include exterior and interior framing systems for low and mid-rise commercial buildings, windows, curtain walls, interior partitions, and highly engineered windows and doors for the high-end residential real estate market.
Transaction details...
Regarding the opinion of the Audit Committee
Written by Customer Service on . Posted in Public Companies.
Lithuanian electricity transmission operator LITGRID AB (company code 302564383, registered office address Karlo Emilio Gustavo Manerheimo st. 8, Vilnius, Lithuania), informs that on 16th December 2021 the opinion of the Audit Committee of the holding company UAB “EPSO-G” was received on the planned transactions with the related party AB “Ignitis gamyba”: – Tertiary active power reserve purchase and sale agreement (hereinafter referred to as the “Tertiary Reserve Agreement”);
– Isolated electricity system work service purchase and sale agreement (hereinafter referred to as the “Isolated Operation Service Agreement”) (hereinafter all together to as the “Transactions with related party”).
On 16th December 2021, the Audit Committee of UAB “EPSO-G” considered the Transactions with related party and adopted the following decisions...
C4 Therapeutics Added to NASDAQ Biotechnology Index
Written by Customer Service on . Posted in Public Companies.
WATERTOWN, Mass., Dec. 17, 2021 (GLOBE NEWSWIRE) — C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a clinical-stage biopharmaceutical company pioneering a new class of small-molecule medicines that selectively destroy disease-causing proteins through degradation, today announced its inclusion on the NASDAQ Biotechnology Index (Nasdaq: NBI), effective on December 20, 2021.
The NASDAQ Biotechnology Index tracks the performance of a set of biotechnology and pharmaceutical companies, classified by the Industry Classification Benchmark (ICB), currently listed on the NASDAQ stock exchange. Securities in this index must meet eligibility criteria including being listed on the NASDAQ Global Select Market or the NASDAQ Global Market. Securities must also meet market capitalization standards and maintain a minimum average daily trading volume...
Middlefield Banc Corp. Expands Digital Capabilities
Written by Customer Service on . Posted in Public Companies.
New products leverage growing customer engagement for digital banking services
MIDDLEFIELD, Ohio, Dec. 17, 2021 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) announced the expansion of its digital banking capabilities to support growing customer engagement across digital channels.
“Over the past two years, Middlefield Bank has experienced significant growth for our digital banking services. We continue to focus on creating a frictionless environment for our customers regardless of how they choose to interact with us,” stated Thomas Caldwell, Middlefield President and CEO. “As customer expectations evolve, our team continues to transform our digital capabilities and grow partnerships to serve our retail and business customers. Our commitment to service, quality and our communities are always at the forefront, and we are...
Sterling Bancorp Announces Strategic Investment in Goalsetter
Written by Customer Service on . Posted in Public Companies.
PEARL RIVER, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL) today announced it has made a strategic investment in Goalsetter, an innovative mobile banking company aimed at promoting financial literacy and empowerment amongst K-12 students. According to studies compiled by the U.S. Financial Literacy and Education Commission, only one third of adults can answer at least four of five financial literacy questions on fundamental concepts such as mortgages, interest rates, inflation and risk. Goalsetter proactively addresses these knowledge gaps through educational resources, budgeting tips, and planning tools that promote financial literacy and learning, while augmenting the experience with an FDIC insured deposit product and online and in-store spending through its Cashola™ debit card.
This investment marks an...
VirTra Awarded Standing Offer from Government of Canada for Simulation Systems
Written by Customer Service on . Posted in Public Companies.
TEMPE, Ariz., Dec. 17, 2021 (GLOBE NEWSWIRE) — VirTra, Inc. (NASDAQ: VTSI), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, has received a standing offer from the Government of Canada to supply marksmanship and judgmental use of force simulation technology to various law enforcement, border protection and corrections facilities throughout Canada. The standing offer allows the Government of Canada to repeatedly purchase goods and/or services, or a combination of goods and services at prearranged prices from VirTra, under set terms and conditions, when required.
The award is part of a countrywide effort to enhance and standardize training from the Royal Canadian Mounted Police down to each individual agency. The award could include the...
Erasca Announces FDA Clearance of IND Application for ERAS-801 in Glioblastoma Multiforme and Collaboration with GCAR for Potential Inclusion in GBM AGILE Clinical Trial
Written by Customer Service on . Posted in Public Companies.
IND filing achieved ahead of schedule; dosing of first patient in THUNDERBBOLT-1 Phase 1 clinical trial in recurrent GBM anticipated in Q1 2022
Early collaboration with GCAR could support potential registrational path in GBM
ERAS-801 is a highly CNS-penetrant EGFR inhibitor with broad activity against oncogenic EGFR variants
SAN DIEGO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced the United States Food and Drug Administration (FDA) has cleared an investigational new drug (IND) application for ERAS-801, an orally available small molecule epidermal growth factor receptor (EGFR) inhibitor specifically designed to have high central...
LifeSci Partnering & Analytics Announces Business Combination with Corsica Life Sciences and Launch of LifeSci Consulting
Written by Customer Service on . Posted in Mergers And Acquisitions.
Business combination with Corsica adds expertise in commercial strategy and market access to established strategy consulting and transaction advisory capabilities
NEW YORK, Dec. 17, 2021 (GLOBE NEWSWIRE) — LifeSci Partnering & Analytics, a division of LifeSci Partners, today announced the launch of LifeSci Consulting through a business combination with Corsica Life Sciences. LifeSci Consulting combines Corsica’s commercial strategy and market access expertise to the established strategy consulting and transaction advisory capabilities of LifeSci Partnering & Analytics. The combined business integrates with the broader LifeSci Partners platform which includes investor relations, communications, capital markets advisory, venture capital, and executive search.
“Our business combination with Corsica brings critical expertise...
Apollo Funds Complete Acquisition of Kem One Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
Kem One Positioned to Modernize Production in New Phase of Growth
NEW YORK and LYON, France, Dec. 17, 2021 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that funds managed by its affiliates (the “Apollo Funds”) have completed the acquisition of Kem One Group (“Kem One” or the “Company”) from De Krassny GmbH. Kem One is a leading European producer of polyvinyl chloride (PVC), used mainly in construction, packaging and medical applications, as well as caustic soda. The Company operates eight industrial sites across France and Spain. The acquisition marks the beginning of an exciting new phase for Kem One, as the Company pursues its growth strategy and executes plans to modernize its production footprint.
“We are excited to support Kem One’s continued evolution, focused on serving Kem One’s customers, improving production...
The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.20 Per Share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
GLEN HEAD, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on January 14, 2022 to shareholders of record on January 5, 2022.
The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary service and a “Customer First” banking...
