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Year: 2021

WillScot Mobile Mini Acquires Regional Storage Services Assets in Los Angeles

PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisition of the assets of Portable Storage Corporation in Los Angeles. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement. This acquisition adds about 3,000 storage units in the Company’s existing U.S. markets in California. Brad Soultz, Chief Executive Officer, commented, “I am excited to welcome the employees of Portable Storage Corporation to our team at WillScot Mobile Mini. Portable Storage Corporation’s operations expand our presence and capabilities in the greater Los Angeles area. Consistent with our M&A strategy, we look...

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mPhase Reports Record Fiscal 2022 First Quarter Results

Posts Highest Revenue and Gross Margin in Company History Gaithersburg, MD, Nov. 22, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a technology company developing the mPower 5G-enhanced electric vehicle (EV) charging network and consumer engagement platform, today reported financial results for its fiscal 2022 first quarter, which ended September 30, 2021. The quarter marked a return to profitability and showed improvement in multiple financial categories. Fiscal 2022 First Quarter Financial Highlights:Revenue grew $0.6 million or 8.4% to a record $8.2 million compared to $7.6 million in the prior year quarter; Gross profit margin increased 576 basis points to 31.6%, compared to 25.9% in the same year-ago quarter; Operating income of $1.4 million represents a 15.2% year-over-year...

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Global Water Resources to Present at the Bank of America 2021 Water Conference on December 6, 2021

PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2021 Water Conference being held virtually on December 6, 2021.   Global Water Resources CEO, Ron Fleming, is scheduled to participate in one-on-one meetings with institutional analysts and investors held throughout the day. He will be joined by the company’s SVP and CFO, Mike Liebman, and chief strategy officer, Chris Krygier. Management will discuss how organic growth and higher rates drove its first nine months of 2021 revenues up 9.5% to $31.6 million. The company also continued to pay its monthly dividend at an annualized rate of approximately $0.29 per share. They will also discuss the company’s growing portfolio of water utility...

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Alisher Nurmat Joins Gevo as VP/Controller

ENGLEWOOD, Colo., Nov. 22, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), announced today that Alisher Nurmat, CPA has joined Gevo as VP/Controller. Mr. Nurmat brings more than thirty years of experience and leadership in accounting and audits, SEC reporting, SOX, tax, management accounting, ERP implementation and management, IT, and finance functions. Most recently, he served as the VP Finance and Corporate Controller at Gold Resource Corporation, where he improved and successfully managed corporate internal and external financial and accounting operations. “I’m delighted to welcome Alisher to Gevo,” said Lynn Smull, Chief Financial Officer. “He has extensive experience leading accounting teams in the oil and gas, manufacturing, mining, and pipeline transportation industries. This includes publicly-held companies and companies...

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Altimmune to Present at Upcoming Investor and Scientific Conferences

GAITHERSBURG, Md., Nov. 22, 2021 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that members of the Company’s management team will be presenting virtually at the following conferences:Piper Sandler 33rd Annual Virtual Healthcare ConferenceNovember 29-December 2, 2021Webcast available now5th Annual NASH Summit 2021November 30, 20219:00 am Eastern Time4th Annual Evercore ISI HealthCONx ConferenceDecember 2, 202110:55 am Eastern TimePresentation materials, including webcast links to the Piper Sandler and Evercore ISI presentations, will be accessible on the Events section of the Altimmune website. About Altimmune Altimmune is a clinical stage biopharmaceutical company focused on developing treatments for obesity and liver diseases. Our pipeline includes next...

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AGF Announces Evolution of its Long-Standing Relationship with PFSL Investments Canada Ltd.

AGF to offer a suite of mutual funds exclusively to PFSL customers in Canada TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — AGF Management Limited announced today its investment management business, AGF Investments Inc., (together, “AGF”), has reached a definitive agreement with PFSL Investments Canada Ltd. (“PFSL”), regarding the establishment of a new multi-year product and services distribution arrangement. As of the date hereof, AGF has been named as one of only two asset management firms set to initially launch on PFSL’s evolving distribution platform, solidifying AGF’s ongoing relationship with the firm.  “At AGF, we have always been committed to putting our clients first, positioning ourselves for mutual success, and supporting the evolution of our strategic partners as they adapt to changes in the market,” said Judy Goldring,...

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Sorrento Therapeutics Mexico Executes Contract for Sale of 5 Million COVI-STIX Tests for Mexico Market

SAN DIEGO and MEXICO CITY, Nov. 22, 2021 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) announced today its subsidiary, Sorrento Therapeutics Mexico, has executed a contract with a leading local distributor for the sale and distribution of up to 5 million COVI-STIX™ tests for the Mexican market. Since its commercial launch in July, the COVI-STIX COVID-19 Virus Rapid Antigen Detection Test has been well received for its ease of use and rapid generation of results. In addition, independent clinical testing by a leading Mexican national institute demonstrated very high sensitivity of around 90% when tested for all-comers, including asymptomatic COVID-19 virus carriers, while most of the other rapid COVID-19 virus antigen tests evaluated failed to achieve sensitivity above 62%. The rapid COVI-STIX test provides...

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Freddie Mac Prices $317 Million in Multifamily Structured Credit Risk Notes

MCLEAN, Va., Nov. 22, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily Structured Credit Risk (MSCR) Notes, Series 2021-MN3. The MSCR (pronounced M-SCORE) program is designed to reduce Freddie Mac’s exposure to mortgage credit risk and bolster the company’s mission of supporting affordable and quality rental housing. MSCR transactions transfer to private investors a portion of the credit risk on eligible multifamily mortgage loans backing certain fully guaranteed securities issued by Freddie Mac through its Participation Certificates program. The approximately $317 million in MSCR Notes were priced on November 18, 2021. The MSCR Notes are unsecured and unguaranteed mezzanine classes issued by a trust. Freddie Mac holds in its entirety the senior loss risk A-H class and the first loss...

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RICKY SITOMER, CEO, Star Jets International, Inc. (JETR), Announces the Completion of its 2019 and 2020 Audit

RICKY SITOMER, CEO, Star Jets International, Inc. (JETR), Announces the Completion of its 2019 and 2020 AuditStar Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that it has completed its financial audit for 2019 and 2020. Success continues at JETR because the COVID-19 pandemic causes travelers to continue to look for private jet travel for business and pleasure, providing safe, clean environments.http://starjetsinternational.com/ and https://private-jet-charter-flight.com/NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that it has completed its financial audit for 2019 and 2020. Success continues at JETR because the COVID-19 pandemic causes travelers to continue to look for private...

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Correction: Reykjavík Energy Updates Green Bond Framework to Green Financing Framework

[Due to an error in Table 1, page 5, in the attached Reykjavík Energy (OR) – Green Financing Framework, the release is reissued with corrected attachment.]  Reykjavík Energy (Orkuveita Reykjavíkur; OR) has updated the framework for the OR Group’s green-bond issuance and now the framework covers the entire balance sheet of the Group, not just selected projects. The framework will also cover all financing within the Group. The framework has received independent second opinion as Dark Green. Reykjavík Energy pioneered in issuing green bonds in Iceland in 2019 and it has proved to be particularly successful. The purpose was to provide the company with more favourable financing, with increasing number of investors demanding environmentally valuable and socially responsible investment opportunities. The initial framework provided for...

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