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Year: 2021

Surgalign Holdings, Inc. to Present at the 2022 H.C. Wainwright Virtual BioConnect Conference

DEERFIELD, Ill., Dec. 20, 2021 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital surgery, today announced that the management team will participate in the 2022 H.C. Wainwright Virtual BioConnect Conference taking place January 10-13, 2022. A recording of the Company’s presentation will be available Monday, January 10, 2022 at 7am ET. To access please visit the investor relations page of the Company’s website at surgalign.com/investors/. Replays of the webcasts will be archived on the website for approximately 90 days. About Surgalign Holdings, Inc. Surgalign Holdings, Inc. is a global medical technology company committed to the promise of digital surgery and is building out its digital surgery platform to drive...

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Alton Frailey Appointed to Southside Bancshares, Inc. Board of Directors

TYLER, Texas, Dec. 20, 2021 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the holding company of Southside Bank (the “Bank”), announced the appointment of Alton L. Frailey to the Company’s board of directors on November 24, 2021, effective January 1, 2022, increasing the size of the Company’s board to 17 members. Mr. Frailey was also appointed to the Bank’s board of directors, effective January 1, 2022, increasing the size of the Bank board to 18 members. Residing in the greater Houston area, Mr. Frailey is President of Alton L. Frailey & Associates, LLC, specializing in leadership development, community engagement, school board team building and executive coaching. Mr. Frailey has been involved in education for 35 years, serving most recently as the past superintendent for Katy Independent School...

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BioDelivery Sciences Prevails in BELBUCA® ANDA Litigation Maintaining Patent Exclusivity Against Alvogen Until 2032

RALEIGH, N.C., Dec. 20, 2021 (GLOBE NEWSWIRE) — BioDelivery Sciences International, Inc. (NASDAQ: BDSI), a growing specialty pharmaceutical company dedicated to patients living with serious and complex chronic conditions, today announced that the U.S. District Court of Delaware has issued an opinion in favor of BDSI in the company’s patent litigation against Alvogen Group, Inc. and its affiliates, who filed an Abbreviated New Drug Application (ANDA) for BDSI’s BELBUCA® product on May 23, 2018. The opinion by the trial judge upholds the validity of claims in BDSI’s patents 8,147,866 (the ‘866 patent), which expires in 2027, and 9,901,539 (the ‘539 patent), which expires in 2032. Alvogen conceded infringement of these claims. Accordingly, BDSI expects market exclusivity of BELBUCA against Alvogen until 2032. “We are pleased with...

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Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2022

On track for record revenue and solid profitability in fiscal 2022 BOISE, Idaho, Dec. 20, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2022, which ended Dec. 2, 2021. Fiscal Q1 2022 highlightsRevenue of $7.69 billion versus $8.27 billion for the prior quarter and $5.77 billion for the same period last year GAAP net income of $2.31 billion, or $2.04 per diluted share Non-GAAP net income of $2.47 billion, or $2.16 per diluted share Operating cash flow of $3.94 billion versus $3.88 billion for the prior quarter and $1.97 billion for the same period last year“Micron delivered solid fiscal first quarter results led by strong product portfolio momentum,” said Micron Technology President and CEO Sanjay Mehrotra. “We are now shipping our industry-leading DRAM and...

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Calavo Growers, Inc. Announces Fourth Quarter and Fiscal 2021 Financial Results

SANTA PAULA, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fourth quarter and fiscal year ended October 31, 2021. Fourth Quarter Financial OverviewTotal revenue of $273.4 million, a 17% increase from the year-ago quarter. Fresh segment revenue increased 26% year-over-year to $149.8 million, and Renaissance Food Group (RFG) and Foods segments revenues increased 7% and 6% year-over-year, respectively. Gross profit of $9.1 million, or 3.3% of revenue, compared to $21.2 million, or 9.0% of revenue, for the year-ago quarter. Net loss of $(13.0) million, or $(0.73) per share, compared to net income of $6.2 million, or $0.35 per diluted share, for the same period last year. Adjusted...

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Immix Biopharma, Inc. Announces Closing of Initial Public Offering

LOS ANGELES, CA, Dec. 20, 2021 (GLOBE NEWSWIRE) — Immix Biopharma, Inc. (Nasdaq: IMMX) (“ImmixBio” or the “Company”), a biopharmaceutical company pioneering Tissue Specific Therapeutics (TSTx)TM targeting oncology and immuno-dysregulated diseases, today announced the closing of its initial public offering of 4,200,000 shares of its common stock at a public offering price of $5.00 per share, for gross proceeds of $21,000,000, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 630,000 shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments. The shares began trading on the Nasdaq Capital Market on December 16, 2021 under the ticker symbol “IMMX.” ThinkEquity...

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McLaren Technology Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants

Irvine, California, Dec. 20, 2021 (GLOBE NEWSWIRE) — McLaren Technology Acquisition Corp. (the “Company”) announced today that, commencing December 23, 2021, holders of the 20,125,000 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A common stock and warrants included in the units. Class A common stock and warrants that are separated will trade on the Nasdaq Stock Market LLC under the symbols “MLAI” and “MLAIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Stock Market LLC under the symbol “MLAIU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to...

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ServisFirst Bancshares, Inc. Increases Quarterly Cash Dividend by 15%

BIRMINGHAM, Ala., Dec. 20, 2021 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc., (NYSE: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on December 20, 2021, its Board of Directors increased the company’s quarterly cash dividend from $0.20 per share to $0.23 per share. The dividend is payable on January 7, 2022 to stockholders of record as of January 1, 2022. ServisFirst has increased its dividend annually since the company went public in 2014. About ServisFirst Bancshares, Inc. ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola, Sarasota...

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UFP Industries acquires Advantage Label & Packaging, adding labels and labeling equipment to its industrial packaging offerings

GRAND RAPIDS, Mich., Dec. 20, 2021 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16 million. The transaction also includes $2.9 million for related real estate as well as incentive payments of up to $4.5 million over five years if certain performance goals are met. Founded in 1996 and based in Grand Rapids, Michigan, Advantage Label provides blank and customized labels, printers, label applicators and other packaging supplies. Key industries served by the company include beer and beverage; body armor; food production and processing; greenhouse and nursery; hobby and craft; manufacturing; and automotive. The company...

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Bridgeline Announces Financial Results for the Fourth Quarter of Fiscal 2021

Fiscal 2021 Revenue Increases 22% Versus Prior Year Strong Cash Position for Additional Investment in Growth WOBURN, Mass., Dec. 20, 2021 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of cloud-based marketing technology software, today announced financial results for its fiscal fourth quarter ended September 30, 2021. “Bridgeline grew by 22% this year with our Hawksearch software leading much of our growth,” said Ari Kahn, Bridgeline’s President, and Chief Executive Officer. Mr. Kahn continued, “We have a strong cash position and will invest in expanding our market position with innovations to our products and a larger sales and marketing team in 2022.”   Financial Highlights – Fourth Quarter of Fiscal Year 2021Total revenue was $4.1 million, an increase of $1.4 million or 52%, from $2.7 million in the...

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