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Year: 2021

Stran & Company Expands Management Team Including Appointment of Industry Veteran Steve Paradiso to Key Leadership Role

Quincy, MA , Dec. 20, 2021 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that promotional product industry veteran Steve Paradiso has been appointed Chief of Staff, bringing over 30 years of experience and success to support the acceleration of Stran’s growth strategy. In addition, Stran has appointed Jason Nolley as Chief Technology Officer, Steve Urry as Vice President of Sales and recently promoted Chris Rollins to Chief Financial Officer effective upon the pricing of the Company’s initial public offering. Mr. Paradiso brings to Stran an impressive track record of developing and executing growth strategies...

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Mullen and Dürr Announce Partnership for Upcoming EV Manufacturing Footprint

Dürr is a leading global company specializing in vehicle production systems including paint and final assembly technology.Mullen and Dürr, a leading global company specializing in vehicle productions systems, including paint and final assembly, announce partnership for upcoming EV manufacturing footprint.Dürr will be supporting Mullen’s Advanced Manufacturing and Engineering Center (AMEC) with full integration for vehicle assembly and complete paint shop technologies.Dürr will be supporting Mullen’s Advanced Manufacturing and Engineering Center (AMEC) with full integration for vehicle assembly and complete paint shop technologies. BREA, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) —  via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer,...

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Bioventus Receives US FDA Clearance for BoneScalpel® Access™

DURHAM, N.C., Dec. 20, 2021 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, announced the US Food and Drug Administration (FDA) has granted 510(k) clearance for the Company’s neXus® BoneScalpel® Access™ handpiece. The BoneScalpel Access handpiece is powered by the neXus Ultrasonic Surgical Aspirator System, a next-generation integrated ultrasonic surgical platform driven by a proprietary digital algorithm resulting in more power, versatility, and control. The neXus system combines all the features of soft and hard (e.g. bone) tissue removal into a single fully integrated offering. “The BoneScalpel Access handpiece provides surgeons with a new option for confined spaces during minimally invasive surgery, enabling safe and powerful bone removal with...

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Harbor Custom Development, Inc. Enters Contract to Purchase 66 Entitled Lots in Poulsbo, Washington for $2,900,000

Gig Harbor, Washington , Dec. 20, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced  that it has entered into a contract with Laughlin Development, LLC, for the purchase of 66 undeveloped lots for $2,900,000 in Poulsbo, Washington. Westry Village is a future 66 – unit townhome site located in College Market Place Northwest, a regional shopping center in Poulsbo, Washington.   https://www.westryvillage.com/ Harbor has contracted to purchase the project upon completion of the permitting process and issuance of site plan approval from the city of Poulsbo.    “This acquisition allows Harbor to continue expanding...

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Athene to Acquire Petros PACE Finance, a Leading Provider of Commercial Property Assessed Clean Energy (C-PACE) Financing

Investment to Expand National, Direct Origination Platform, Meet Growing Investor Demand for ESG Assets NEW YORK and HAMILTON, Bermuda, Dec. 20, 2021 (GLOBE NEWSWIRE) — Athene Holding Ltd. (NYSE: ATH) (“Athene”), an industry-leading financial services company focused on retirement savings solutions, today announced it has entered into a definitive agreement to acquire Petros PACE Finance, LLC (“Petros PACE Finance” or the “Company”), a leading provider of Commercial Property Assessed Clean Energy (“C-PACE”) financing to owners and developers of commercial properties throughout the United States. Since 2016, Petros PACE Finance has originated over $700 million in long-term, fixed-rate financing for energy efficiency, water efficiency, renewable energy and resiliency projects. C-PACE financing is active in 27 states and...

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WSFS Financial Corporation Receives All Required Approvals to Acquire Bryn Mawr Bank Corporation

Acquisition expected to close January 1, 2022 WILMINGTON, Del. and BRYN MAWR, Pa., Dec. 20, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”), the parent company of WSFS Bank, and Bryn Mawr Bank Corporation (Nasdaq: BMTC) (“BMTC”), the parent company of The Bryn Mawr Trust Company, jointly announced that WSFS has received all required approvals to acquire BMTC, and to merge its primary subsidiary, Bryn Mawr Trust into WSFS Bank. The Board of Governors of the Federal Reserve System (the “Federal Reserve”) approved WSFS’ acquisition of BMTC, which is the final required regulatory approval for the proposed combination. With overwhelming approvals from WSFS and BMTC stockholders, and regulatory approvals from the Federal Reserve and WSFS Bank’s primary regulator, the Office of the Comptroller of the Currency,...

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Arbor Realty SR, Inc. Closes Offering of $180 Million of Senior Unsecured Notes due 2028

UNIONDALE, N.Y., Dec. 20, 2021 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that its subsidiary, Arbor Realty SR, Inc. (“ARSR”), has closed, on December 17, 2021, the private placement of $180 million aggregate principal amount of 5.00% senior unsecured notes due December 30, 2028 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior basis by the Company. ARSR intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. Piper Sandler & Co. acted as placement agent for this offering. The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and are being offered and sold in reliance on an exemption from registration provided...

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Glass House Brands to Acquire PLUS, a Leading California Edibles Brand

Strengthens Consumer Brand Portfolio with Leading California Cannabis Edibles ManufacturerPLUS Cannabis Infused GummiesPLUS Cannabis Infused GummiesLONG BEACH, Calif and TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U and GLAS.WT.U)(OTCQX: GLASF and GHBWF), one of the fastest- growing, vertically-integrated cannabis companies in the U.S., today announced that it has executed a definitive agreement to acquire the business of Plus Products Inc. (“PLUS”), a leading cannabis edibles company in California. Glass House is acquiring PLUS for approximately US$25.6 million1 through a combination of unsecured convertible debt2 and equity, plus additional performance-based consideration (the “Acquisition”). Glass House is working to create the largest cannabis...

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This Report Shows How To Invest In Agricultural Commodities During The Recovery

Investing in new sectors, companies, or products is daunting. But that’s how people build generational wealth. If you’re looking to the future and wondering where to invest next, have you considered agriculture? This report highlights three up-and-coming sectors: agriculture, natural resources, and mining! The newly launched report from Capitalist Exploits highlights the impact the ongoing health crisis has had on the global food supply chain. You may not be aware of what is happening within the supply chain, but the report states this has led to investment opportunities. You can find out more at https://capexinsider.com/?orid=143&opid=35What investments do you currently hold? As you may know, global uncertainty is changing investments – not just the way you invest, but what you choose to invest your money in. The new report...

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AGF Announces Estimated December Cash Distributions for AGF ETFs for 2021

TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGFI) today announced the estimated December 2021 cash distributions for the AGF ETFs listed on the Toronto Stock Exchange or NEO Exchange. Unitholders of record of an AGF ETF on December 31, 2021 will receive the actual cash distributions payable in respect of that AGF ETF on January 7, 2022. AGFI expects to issue a press release on or about December 30, 2021, which will provide the final cash distribution amounts, which may vary from the estimated amounts disclosed below. Generally, the estimated “per unit” distribution is expected to increase if the net units outstanding of the AGF ETF decreases between December 20, 2021 and December 30, 2021 or may change as a result of other unforeseen reasons. Details regarding the estimated “per unit” cash distribution amounts...

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