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Year: 2021

Univest Securities, LLC Announces Closing of US$16.5 Million Registered Direct Offering for its Client China Xiangtai Food Co., Ltd. (Nasdaq: PLIN)

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — Univest Securities, LLC, a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a previously announced registered direct offering and concurrent private placement with certain investors, raising approximately US$16.5 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses, by its client China Xiangtai Food Co., Ltd., (the “Company”)(NASDAQ: PLIN), an emerging growth company engaged in the feed raw material wholesale and retail business. The offering consists of the sale of 17,175,412 ordinary shares in a registered direct offering and warrants to purchase 17,175,412 ordinary shares in a concurrent private placement pursuant to an exemption from the...

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Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the nine months ended September 30, 2021

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the nine months ended September 30, 2021. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR profile at www.sedar.com. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing opportunities...

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Canadian Net REIT Announces Its Results for the Quarter Ended September 30, 2021, a 13% Increase in Its Per Unit Distributions for 2022 and Q1 2022 Monthly Distributions

MONTREAL, Nov. 24, 2021 (GLOBE NEWSWIRE) — (TSX-V: NET.UN) Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces its results for the quarter ended September 30th, 2021, an increase in its per unit distributions for a 10th consecutive year, and monthly distributions for the months of January, February and March 2022. RESULTSFor the quarter ended September 30th, 2021, Canadian Net reported recurring funds from operations (“Recurring FFO”) per unit of $0.145 compared to $0.127 per unit for the quarter ended September 30th, 2020, an increase of 14%. Recurring FFO was $2,790,255, an increase of 50% relative to $1,864,681 in Q3 2020. During Q3 2021, the Trust’s property rental income was $4,885,412 compared to $3,219,366 in Q3 2020, an increase of 52%. Net Operating Income was $3,725,787 compared...

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China Xiangtai Food Co., Ltd. Announces Closing of US$16.5 Million Registered Direct Offering

CHONGQING, China, Nov. 24, 2021 (GLOBE NEWSWIRE) — China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“PLIN” or the “Company”), an emerging growth company engaged in the feed raw material wholesale and retail business, today announced the closing of its previously announced registered direct offering and concurrent private placement with certain investors, raising approximately US$16.5 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses. The offering consists of the sale of 17,175,412 ordinary shares in a registered direct offering and warrants to purchase 17,175,412 ordinary shares in a concurrent private placement pursuant to an exemption from the registration requirements of the Securities Act of 1933 provided in Regulation S promulgated thereunder. The warrants...

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Voxtur Analytics to Host Third Quarter 2021 Earnings Conference Call

TORONTO and TAMPA, Fla., Nov. 24, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a technology company creating a more transparent and accessible real estate lending ecosystem, announced today that it will report its results for the three and nine months ended September 30, 2021, after the market closes on Monday, November 29, 2021. Conference Call Dial-in Details: At 8:30 a.m. Eastern Time on Tuesday, November 30, 2021, the Company will host a conference call featuring management’s remarks and a follow-up question and answer period with analysts. The conference call can be accessed live by dialing (888) 743-7963 five minutes prior to the scheduled start time. The Conference ID is 8478848. A digital recording of the call will be available for one...

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Citizens Business Bank Receives Regulatory Approvals to Acquire Suncrest Bank

Closing of Transaction Anticipated to Take Place on or about January 7, 2022 ONTARIO, Calif., Nov. 24, 2021 (GLOBE NEWSWIRE) — CVB Financial Corp. (“CVBF”), the holding company for Citizens Business Bank (“Citizens”), announced that Citizens has received regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation, respectively, to complete its announced merger with Suncrest Bank headquartered in Visalia, California (“Suncrest”). Subject to satisfaction of all remaining closing conditions, the parties anticipate consummating the merger on or about January 7, 2022. “We are pleased to have obtained all required regulatory approvals or non-objections for our anticipated merger with Suncrest Bank,” said David A. Brager, President and Chief Executive Officer...

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AgJunction Inc. Announces Shareholder Approval of Plan of Arrangement

SCOTTSDALE, Ariz., Nov. 24, 2021 (GLOBE NEWSWIRE) — AgJunction Inc. (TSX: AJX) (“AgJunction” or the “Corporation“) is pleased to announce that today at its special meeting of the shareholders (the “Meeting“), the shareholders of AgJunction (the “AgJunction Shareholders“) passed a special resolution (the “Arrangement Resolution“) approving a statutory arrangement (the “Arrangement“) pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which Kubota Canada Ltd. (“Kubota Canada“) a wholly-owned subsidiary of Kubota Corporation will acquire all outstanding common shares of AgJunction (“AgJunction Shares“) for cash consideration of CAD $0.75 per AgJunction Share (the “Transaction“). The Arrangement Resolution...

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Columbia Financial, Inc. Receives Regulatory Approvals for the Acquisition of Freehold Bank

FAIR LAWN, N.J., Nov. 24, 2021 (GLOBE NEWSWIRE) — Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbia and Freehold MHC, Freehold Bancorp and Freehold Bank (collectively, “Freehold”) have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbia’s acquisition of Freehold. The transaction is expected to close on December 1, 2021 and is subject to customary closing conditions. About Columbia Financial, Inc. Columbia Financial, Inc. is a Delaware corporation organized as the mid-tier stock holding company of Columbia Bank. The Company is a majority-owned subsidiary...

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CTS Corporation to Host Fireside Chat at the Stephens 23rd Annual Investment Conference

LISLE, Ill., Nov. 24, 2021 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) announced today that Kieran O’Sullivan, President and Chief Executive Officer will be participating in a fireside chat at the Stephens 23rd Annual Investment Conference on December 2, 2021, at 3:00 p.m. (CST) in Nashville, TN. You may access a live webcast of the event using this link or from the Investors section of the CTS Corporation website at www.ctscorp.com. The webcast will also be available for replay on this website for 90 days following the presentation. About CTSCTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace/defense, industrial,...

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Legato Merger Corp. II Announces Closing of Upsized $240,000,000 Initial Public Offering

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) — Legato Merger Corp. II (the “Company”) announced today that it closed its upsized initial public offering of 24,000,000 units at $10.00 per unit. The units are listed on the Nasdaq Global Market (“Nasdaq”) and began trading on November 22, 2021 under the ticker symbol “LGTOU”. Each unit consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the common stock and redeemable warrants are expected to be listed on Nasdaq under the symbols “LGTO” and “LGTOW,” respectively.  Legato Merger Corp. II is a Delaware...

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