Year: 2021

LUXEMBOURG, Nov. 18, 2021 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL), announced today the pricing and upsize of its offering (the “Notes Offering”) of green convertible senior notes due 2026 (the “Notes”). The size of the Notes Offering increased from the previously announced US$200.0 million aggregate principal amount of Notes to US$275.0 million. Arrival has granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$45.0 million aggregate principal amount of the Notes. When issued, the Notes will be senior unsecured obligations of Arrival. The Notes will bear interest at a rate of 3.50% per year, payable semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2022. The initial conversion rate of the Notes is 84.2105 ordinary shares per US$1,000 principal...

MAYNARD, Mass., Nov. 18, 2021 (GLOBE NEWSWIRE) — AquaBounty Technologies, Inc. (Nasdaq: AQB) (“AquaBounty” or the “Company”), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the pricing of the previously announced underwritten public secondary offering of 11,200,000 shares of its common stock by certain selling stockholders affiliated with Third Security (the “Selling Stockholders”) at a price to the public of $2.10 per share. In addition, the Selling Stockholders have granted the underwriters of the offering a 30-day option to purchase up to 1,680,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. AquaBounty is not selling any shares in the offering, nor will AquaBounty receive any of the proceeds from...

ROSH HA’AYN, Israel, Nov. 18, 2021 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a company that develops, designs and markets innovative, sustainable, on-demand, digital fashion and textile production technologies, announced today the pricing of an upsized underwritten public offering of 2,645,953 ordinary shares at a price to the public of $151.00 per share. Kornit is offering 1,940,000 ordinary shares and an affiliate of Amazon.com, Inc. (“Amazon”) is offering 705,953 ordinary shares. Kornit will not receive any of the proceeds from the sale of shares being offered by an affiliate of Amazon. The shares being sold by an affiliate of Amazon are being issued pursuant to the exercise of a warrant granted to Amazon by Kornit. Kornit has also granted the underwriters a 30-day option to purchase up to an additional...

ORANGE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) — Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”), a mission-based, tech-enabled Medicare Advantage company, today announced the pricing of its previously announced underwritten public offering of 8,000,000 shares of its common stock by certain selling stockholders at $21.00 per share. Such selling stockholders have granted to the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less underwriting discounts and commissions.   The Company will not receive any of the proceeds from the sale of the shares of its common stock by the selling stockholders, and the selling stockholders will bear the costs associated with the sale of such shares, including underwriting discounts and commissions. The...

CALGARY, Alberta, Nov. 18, 2021 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released its third quarter results. ANALYSIS OF CONSOLIDATED RESULTS OF OPERATIONS  Three months ended September 30, Nine months ended September 30,($ 000’s) 2021   2020   ($) Change   2021   2020   ($) Change  Revenue            Environmental Services 7,655   3,024   4,631   20,113   12,557   7,556  Heavy Construction 159   60   99   303   272   31  Corporate –   –   –   –   15   (15 )  7,814   3,084   4,730   20,416   12,844   7,572  Direct operating expenses            Environmental Services 5,224   2,029   3,195   14,199   9,146   5,053  Heavy Construction 66   20   46   166   118   48  Corporate –   –   –   –   –   –    5,290   2,049   3,241   14,365   9,264   5,101               General...

OAKDALE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) — Christopher M. Courtney, President & CEO of Oak Valley Bancorp, (NASDAQ: OVLY) and its wholly owned subsidiary, Oak Valley Community Bank, announced the promotion of Rick McCarty to President and Chief Operating Officer effective January 1, 2022. McCarty has been with Oak Valley for over 22 years, joining the bank at a time when Oak Valley had 3 branches and less than $150 million in total assets. He has served the bank as Senior EVP and Chief Operating Officer since 2017. Prior to that McCarty held the Chief Administrative Officer and Chief Financial Officer positions concurrently. “Rick has been an integral part of the growth and prosperity of the bank. His oversight of the bank’s mission critical functions and the instrumental role he plays within the management team have...

Xin Wu, Amlan InternationalXin Wu, Amlan InternationalCHICAGO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Animal protein producers in northern China have further support available to help them improve animal health and production economics with Xin WU joining the Amlan International team as Technical Sales Manager (North). Xin has joined Amlan Trading (Shenzhen) Company Ltd., which is a subsidiary of Amlan International that began operating in China in 2013. Poultry and swine producers in China are currently experiencing high feed costs and increased demand for natural, antibiotic-free protein. This makes it even more important for producers to have access to natural drug-free feed additives that can maintain health and improve performance while adding value. As the animal health business of Oil-Dri® Corporation of America,...

New Directors Will Bring Additional HR, Tech, Marketplace, and Operational Expertise to Angi Board DENVER, Nov. 18, 2021 (GLOBE NEWSWIRE) — Today, Angi (NASDAQ: ANGI) the leading and comprehensive solution for everything home, announced the appointment of Sandra Buchanan Hurse, Managing Director, Chief Human Resources Officer of GCM Grosvenor, and Jeremy G. Philips, general partner of Spark Capital, to its Board of Directors. The Angi board evaluates its membership and composition regularly to ensure it is representative of its customers and includes the necessary skills, experience, and perspective to drive continued growth for shareholders. “We are pleased to welcome Ms. Hurse and Mr. Philips to the Angi board and know their experience, expertise and perspective will positively influence the future of Angi,” said Oisin Hanrahan,...