Year: 2021

Hain Celestial Completes Acquisition of ParmCrisps® and Thinsters®

Written by Customer Service on December 28, 2021. Posted in Mergers And Acquisitions.

LAKE SUCCESS, N.Y., Dec. 28, 2021 (GLOBE NEWSWIRE) — The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial,” “Hain” or the “Company”) today announced the completion of its acquisition of That’s How We Roll from Clearlake Capital Group. That’s How We Roll is the producer and marketer of ParmCrisps® and Thinsters®, two fast-growing brands offering simple and delicious, better-for-you snacks. The total purchase price was approximately $259 million in cash, subject to an adjustment for working capital. “ParmCrisps® and Thinsters® are great additions to Hain’s growing portfolio of better-for-you snacking brands, and we are excited to get to work with That’s How We Roll’s talented and innovative team,” said Mark Schiller, President and Chief Executive Officer of Hain. With the mission to make the world heathier, tastier...

LMP Provides Year End Shareholder Update

Written by Customer Service on December 28, 2021. Posted in Earnings Releases And Operating Results.

FORT LAUDERDALE, FL , Dec. 28, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its Year End Shareholder Update. Sam Tawfik, LMP’s Chief Executive Officer, stated, “As I look back on the year, it is remarkable how much we have accomplished given the current environment, not only in terms of financial performance but also in our steadfast focus, dedication and discipline. 2021 is shaping up to be a strong year for LMP, with the firm generating record revenue and income, as well as numerous other records in each of our lines of business, all while maintaining credit discipline and strengthening our balance sheet on a quarterly basis. We completed the acquisition of our contracted White Plains, New York Chrysler Dodge Jeep...

Maha Energy AB (publ) (“Maha” or the “Company”) Announce Reduction of Royalties on Tiê And Tartaruga Fields

Written by Customer Service on December 28, 2021. Posted in Public Companies.

The Royalties paid to the Government of Brazil has been reduced from 10% and 9.7% to 7.5% at the Tie and Tartaruga fields respectively. The Board of Directors of the Brazilian National Agency of Oil, Natural Gas and Biofuels (“ANP”) has issued a Resolution approving Maha Energy Brasil Ltda.’s (“MEBL”) request of reduction of royalties concerning the Tiê and Tartaruga concession agreements, on the grounds of ANP Resolution No. 853/2021, which regulates this proceeding. Currently, the amounts of royalties due by the Tiê and Tartaruga Fields are 10%, and 9,7% respectively. The new royalties due by each of the above-mentioned fields will now be 7,5% as both are operated by MEBL, which is considered a “mid-size company”, in accordance with ANP Resolution No. 32/2014 – since it has an aggregate average annual production of less than 10,000...

PDL Community Bancorp and Ponce Financial Group, Inc. Announce Subscription Offering Results and Results of PDL Stockholder Vote; Ponce Bank Mutual Holding Company Adjourns Special Meeting of Members in Order to Continue to Solicit Additional Member Votes

Written by Customer Service on December 28, 2021. Posted in Public Companies.

BRONX, New York, Dec. 28, 2021 (GLOBE NEWSWIRE) — PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), announced today (i) the results of the subscription offering, as detailed below, and (ii) that at the special meeting of stockholders held on December 28, 2021, the stockholders of PDL approved (a) the plan of conversion and reorganization, pursuant to which Ponce Financial Group will be the new stock holding company for the Bank and Mortgage World upon completion of the proposed second-step conversion and reorganization of Ponce Bank Mutual Holding Company (“PBMHC”) and (b) the funding of the Ponce De Leon Foundation (the “Foundation”). The closing date for the conversion and reorganization,...

Red River Bancshares, Inc. Mourns Death of Longtime Board Member Barry D. Hines

Written by Customer Service on December 28, 2021. Posted in Public Companies.

ALEXANDRIA, La., Dec. 28, 2021 (GLOBE NEWSWIRE) — It is with great sadness that we announce the passing of Barry D. Hines, director of Red River Bank and its parent company, Red River Bancshares, Inc. (Nasdaq: RRBI). Mr. Hines passed away on Sunday, December 26, 2021, in Alexandria, Louisiana, surrounded by his family. “Barry was one of our organizing directors, embracing the vision of Red River Bank since it started in 1999. His experience in public finance and health care provided valuable insight and guidance to management and the board. Barry made a tremendous contribution to our company, and his wit, wisdom, counsel, and love of life will be greatly missed,” said Blake Chatelain, president and CEO of Red River Bancshares, Inc. and Red River Bank. “The Red River Bank family extends our heartfelt sympathies to Barry’s family...

One World Universe, Inc. Completes Share Buyback of 5 Million Common Shares

Written by Customer Service on December 28, 2021. Posted in Public Companies.

HUNTINGTON BEACH, CA, Dec. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse and providing humanitarian efforts in over 185 countries, announced today that management has completed its share buyback of 5 million common shares. “As promised, the CEO and I have reached our commitment of buying back 5 million shares. I have spoken to the transfer agent and will begin a 3-step process of transferring these common shares back into the treasury which will commence after the new year,” stated Caren Currier, CFO of One World Universe. The company is feverishly attempting to deliver on previously mentioned commitments. Management anticipates...

CrossFirst Bankshares, Inc. to Host Fourth Quarter and Full-Year 2021 Earnings Call

Written by Customer Service on December 28, 2021. Posted in Public Companies.

LEAWOOD, Kan., Dec. 28, 2021 (GLOBE NEWSWIRE) — CrossFirst Bankshares, Inc. (Nasdaq: CFB), the parent company of CrossFirst Bank, announced today that management will host a conference call to review fourth quarter and full-year 2021 financial results on Tuesday, January 25, 2022, at 11:00 AM ET. The results are scheduled to be released after the market closes on Monday, January 24, 2022. To access the event by telephone, please dial (877) 621-5851 at least fifteen minutes prior to the start of the call and provide conference number 9688475. International callers should dial +1 (470) 495-9492 and enter the same conference number. The call will also be broadcast live over the internet and can be accessed via the following link: https://edge.media-server.com/mmc/p/rienoizn. Please visit the site at least 15 minutes prior to the...

PJET To Launch EV Sales Through University Campus EV Roadshow

Written by Customer Service on December 28, 2021. Posted in Public Companies.

Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) — Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company will soon be introducing electric motorcycles and scooters for use on university campuses. PJET plans to start taking orders in the first quarter of 2022. The company is launching a university campus roadshow first in Texas, where it will bring its electric motorcycle and scooter models to campuses for demonstrations and to take orders. PJET recently introduced a new business focus, delivering technology solutions to improve the student living experience. The PJET student living technology solution is centered on a Student Housing By Owner (SHBO) App. The development of the App is complete, and the App is now undergoing an internal quality review. The App is expected to launch in production imminently. PJET...

Velocity Risk announces acquisition by Oaktree

Written by Customer Service on December 28, 2021. Posted in Mergers And Acquisitions.

Nashville, TN, Dec. 28, 2021 (GLOBE NEWSWIRE) — Velocity Risk Underwriters, LLC (“Velocity Risk”), a catastrophe-focused property and specialty insurance risks managing general agent (“MGA”), has announced its acquisition by funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leading global investment manager specializing in alternative investments. Founded in 2015 by Nephila Capital (“Nephila”) and headquartered in Nashville, Tennessee, Velocity Risk provides insurance coverage to clients in catastrophe-exposed areas of the United States. Since its inception, Velocity Risk has been focused on providing best in class products and services in selected markets. Phil Bowie, Velocity Risk’s CEO, said, “The launch of Velocity Risk was designed to disrupt the value chain between insurance and capital, through innovative...

WPUR Aims To Put Africa On Map Of Largest Solar Farms In The World

Written by Customer Service on December 28, 2021. Posted in Public Companies.

Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) — WaterPure International, Inc. (OTC Pink: WPUR) today announced the company has initiated a solar farm project with the goal of becoming one of the largest solar farms in the world. Currently, Africa is not included on the list of the 15 largest solar farms in the world. WPUR plans to change that. WPUR has recently refreshed its commitment to delivering water management technologies to the water utilities market and added electric technology innovations for the electric utilities market as an additional focus. WPUR recently announced with Alternet Systems, Inc. (OTC Pink: ALYI) partnering on the implementation of an off grid electric vehicle (EV) charging solution to be rolled out in Kenya. The solar farm project announced today is intended to be phased into WPUR’s partnership with...

Year: 2021

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