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Year: 2021

Diversey Announces Pricing of Follow-on Offering of Ordinary Shares

FORT MILL, S.C., Nov. 10, 2021 (GLOBE NEWSWIRE) — Diversey Holdings, Ltd. (NASDAQ: DSEY), a leading provider of hygiene, infection prevention and cleaning solutions, today announced the pricing of a public follow-on offering of 15,000,000 ordinary shares at $15.00. Diversey also granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares on the same terms and conditions. Diversey currently intends to use the net proceeds from the proposed offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities and strategic transactions. The offering is expected to close on November 15, 2021, subject to customary closing conditions. Citigroup, Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the offering. BofA Securities,...

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OSS Reports Q3 2021 Revenue up 23%, Income of $1 million

ESCONDIDO, Calif., Nov. 10, 2021 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the third quarter ended September 30, 2021. All quarterly comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 5:00 p.m. Eastern time on November 11th to discuss the results (see dial-in information below).   Q3 2021 Financial HighlightsRevenue totaled $16.0 million, up 23% versus the same year-ago quarter and up 7% sequentially. GAAP net income totaled $981,000 or $0.05 per share, up from $858,000 or $0.05 per share. Non-GAAP net income was $1.5 million or $0.08 per share versus $1.2 million or $0.07 per share (see definition of this and other non-GAAP measures and reconciliation to GAAP, below). Adjusted EBITDA...

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SmartCentres Real Estate Investment Trust Releases Third Quarter Results For 2021

Maintained $1.85 per unit annualized distribution; Portfolio continues to provide recurring income with an in-place occupancy rate of 97.3% and committed occupancy rate of 97.6%; Continued advancement of non-retail pipeline of 281 projects representing approximately 55 million square feet across the network (32 million square feet at the Trust’s share); Average collection levels across the portfolio approximate 97% for the quarter; The remaining 192 presold condominium units at Transit City 3 closed during the quarter generating FFO of $5.9 million ($0.03 per Unit); FFO per Unit with adjustments excluding ECL and condominium profits increased by $0.02 or 4.4% as compared to the same period in 2020; and Strong debt metrics continue, including Debt to Total Assets of 44.5%, Interest Coverage Ratio net of capitalized interest multiple...

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First Advantage Announces Pricing of Secondary Offering of Common Stock

ATLANTA, Nov. 10, 2021 (GLOBE NEWSWIRE) — First Advantage Corporation (“First Advantage”) (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders (the “Selling Stockholders”), including affiliates of Silver Lake Group, L.L.C., of 15,000,000 shares of common stock of First Advantage pursuant to a registration statement filed by First Advantage with the U.S. Securities and Exchange Commission (the “SEC”), at the public offering price of $20.00 per share. The Selling Stockholders have granted the underwriters in the offering a 30-day option to purchase up to an additional 2,250,000 shares of common stock. No shares are being sold...

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mdf commerce reports second quarter of fiscal 2022 results

Q2 FY22 total revenue of $25.1 million, growth of 20.8% compared to $20.8 million in Q2 FY21Core platforms continue to perform:Unified Commerce solutions revenue grew by $1.0 million or 10.7% eprocurement revenue grew by $3.2 million or 40.1%Periscope acquisition during the second quarter is transformational for the CorporationMONTREAL, Nov. 10, 2021 (GLOBE NEWSWIRE) — mdf commerce inc. (the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce technologies, reported Q2 FY2022 financial results for its second quarter ended on September 30, 2021. Financial references are expressed in Canadian dollars unless otherwise indicated. “Q2 fiscal 2022 was a transformational quarter for mdf commerce,” said Luc Filiatreault, CEO of mdf commerce. “As was planned for our Strategic Sourcing platform, the strategic acquisition...

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Kirkland Lake Gold Reports Favourable Recommendation From ISS for Merger of Equals With Agnico Eagle Mines Limited

Leading, Independent Proxy Advisory Firm ISS recommends Kirkland Lake Gold shareholders vote in favour of proposed merger of equals with Agnico Eagle Mines Limited ISS states there is “sound strategic rationale for a combination with AEM and the all-stock consideration provides an opportunity for shareholders to participate in the potential upside represented by a more diversified set of operating assets and exploration portfolio” Shareholders are encouraged to vote well in advance of the proxy voting deadline of 11:00 am (EST) on November 24, 2021. Questions? Need help voting? Contact Kingsdale Advisors at 1.877.659.1824TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) —  Kirkland Lake Gold Ltd. (“Kirkland Lake Gold”, the “Company” or “KL”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a leading independent proxy advisor, Institutional...

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Lulus Announces Pricing of Initial Public Offering

CHICO, Calif., Nov. 10, 2021 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus”) (Nasdaq: LVLU), a customer driven, digitally native women’s fashion brand, today announced the pricing of its initial public offering of 5,750,000 shares of its common stock at a price to the public of $16.00 per share, for gross proceeds of $92.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by Lulus. All of the shares are being offered and sold by Lulus. The shares are expected to begin trading on the Nasdaq Global Market on November 11, 2021 under the ticker symbol “LVLU.” The offering is expected to close on November 15, 2021, subject to the satisfaction of customary closing conditions. In addition, Lulus has granted the underwriters a 30-day option to purchase up to an additional...

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Acreage Holdings Reports Third Quarter 2021 Results

Third consecutive quarter of positive Adjusted EBITDA* NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis ‎cultivation and retailing facilities in the U.S., today reported its financial results for the third quarter of 2021 ending September 30, 2021 (“Q3 2021”). Third Quarter 2021 Financial and Operational Highlights (Unaudited)Consolidated revenue was $48.2 million, an increase of 52% year-over-year and 9% sequentially. Gross margin increased to 49% from 43% in Q3 2020. Net loss attributable to Acreage was $12.3 million, an improvement from a loss of $40.5 million in Q3 2020. Adjusted EBITDA* was $6.5 million, compared to $(6.9) million for Q3 2020. Adjusted EBITDA* as a percentage...

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CMC Materials Reports Results for Fourth Quarter and Full Year Fiscal 2021, Implements Global Price Increases and Initiates Strategic Cost Optimization Program

Fourth QuarterRecord Company Revenue of $311.9 Million, 13.8% Higher than Last Year and 0.8% Higher Sequentially Electronic Materials Segment Revenue of $254.3 Million, 14.1% Higher than Last Year and 1.3% Higher Sequentially Share Repurchases Totaled $104.9 Million During the QuarterFull YearRecord Company Revenue of $1,199.8 Million, 7.5% Higher than Last Year Electronic Materials Segment Revenue of $984.7 Million, 11.5% Higher than Last YearAURORA, Ill., Nov. 10, 2021 (GLOBE NEWSWIRE) — CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its fourth quarter and full year fiscal 2021, which ended September 30, 2021. “Today, CMC Materials reported results for fiscal 2021, our fifth consecutive year of record...

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Northland Power Reports Third Quarter 2021 Results

Colombian Renewables Platform Grows with Successful Solar Auction Bid, Spanish Growth Platform Established as 551MW Wind and Solar Acquisition Closes, and Further ESG Progress with closing of $1 Billion Sustainability Linked Credit Facility TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for three and nine months ended September 30, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Abnormally low wind conditions in the North Sea persisted in the third quarter, resulting in reduced financial contribution from our three large offshore wind facilities. However, consistent with last quarter, we remain on track to meet the low end of our 2021 financial guidance, largely due to the performance...

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