Day: January 19, 2022

Seanergy Maritime Announces Additional $5 Million Buyback of Convertible Notes Total Completed Buybacks of $21.6 million to date

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Seanergy Maritime Announces Additional $5 Million Buyback of Convertible Notes Total Completed Buybacks of $21.6 million to date January 19, 2022 – Glyfada, Greece – Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today an aggregate of $5 million in buyback and partial elimination of the outstanding convertible note (the “Note”), utilizing 50% of its second share repurchase plan (the “Plan”). As previously announced and following the full completion of the first share repurchase plan, the Board of Directors authorized the additional Plan, under which the Company might repurchase up to an additional $10 million of its common shares, convertible notes or warrants. The Note carries a 5.5% coupon, has a $1.20 per share conversion price and is held by Jelco Delta Holding Corp. (“Jelco”). Based...

Del Taco Opens First Fresh Flex Prototype in Florida to Wrap Successful Year of Growth

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Additional 2021 milestones include signing nine multi-unit development agreements for a total of 68 new locationsFresh Flex by Harry Lim Photography for Del TacoThe new Fresh Flex design is completely tech enabled and includes options such as mobile app and third-party pick-up lockers, double drive-thru lanes with dedicated lanes for mobile orders and delivery providers, and designated parking lot areas for those who want to park and eat on the go.Fresh Flex by Harry Lim Photography for Del TacoDel Taco’s highly anticipated Fresh Flex location in Orlando, FL is now open.LAKE FOREST, Calif., Jan. 19, 2022 (GLOBE NEWSWIRE) — Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second largest Mexican quick service restaurant*, opened its highly anticipated Fresh Flex location at 5260 US...

ei3 completes acquisition of Zurich-based AI firm Cognitive Solutions and Innovation AG

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

New York, Jan. 19, 2022 (GLOBE NEWSWIRE) — ei3, a leading Industrial Internet of Things (IIoT) solution provider, announces the completion of the acquisition of Cognitive Solutions and Innovation AG (COGSI AG) of Zurich, Switzerland, a pioneer in delivering advanced artificial intelligence solutions for industrial manufacturing. The acquisition was completed through a cash and stock transaction. Following the acquisition, COGSI AG assumes the ei3 brand and is being re-named “ei3 Europe”. In addition, Dr. Stefan Hild, CEO and founder of COGSI AG, joins the board of directors of ei3 and will assume the newly created role of VP of Data Science at ei3. COGSI AG’s industry-leading AI capabilities enhance ei3’s IIoT suite of products with world-class data analytics and are a perfect match for ei3. The acquisition of COGSI AG comes after...

Paylocity Announces Acquisition of Cloudsnap

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

Integration Automation Platform Reaffirms Commitment to Delivering the Most Modern Workforce Solutions Platform SCHAUMBURG, Ill., Jan. 19, 2022 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications. Cloudsnap’s technology enables seamless integration of systems to automate manual data exchange processes, creating a modern user experience. The company’s integration automation platform facilitates development and deployment of API integrations, allowing clients to automate data flows across systems such as HR and financial applications. Integrating HR tools with third-party systems has historically relied on manual processes or heavily customized...

EuroDry Ltd. Announces Agreement to Acquire M/V Molyvos Luck, a 2014-built Supramax Bulker

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire M/V Molyvos Luck, a 57,924 dwt drybulk vessel built in 2014, for $21.2 million. The vessel was majority owned by an un-affiliated third party and has been managed by Eurobulk Ltd., also the manager of the majority of the Company’s vessels. The vessel is expected to be delivered to the Company around the end of January 2022. The Company will also assume the existing charter of the vessel at $13,250/day until April 2022. The acquisition will be initially financed by the Company’s own funds; a bank loan will be arranged to partly finance the acquisition after the purchase is completed. Aristides...

Plumas Bancorp Reports Record Earnings for the Year Ended December 31, 2021

Written by Customer Service on January 19, 2022. Posted in Earnings Releases And Operating Results.

RENO, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) — Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced record total assets and earnings at and for the year ended December 31, 2021. Total assets were $1.6 billion at December 31, 2021, an increase of $502 million from $1.1 billion at December 31, 2020. For the twelve months ended December 31, 2021, the Company reported net income of $21.0 million or $3.82 per share, an increase of $6.5 million from $14.5 million or $2.80 per share earned during 2020. Earnings per diluted share increased to $3.76 during the twelve months ended December 31, 2021, up $0.99 from $2.77 during 2020. Earnings during the fourth quarter of 2021 totaled $5.5 million or $0.95 per share, an increase of $1.2 million from $4.3 million or $0.83 per share during the fourth quarter of 2020....

Genetic Technologies Reports Q2 FY22 Cash Flow Results

Written by Customer Service on January 19, 2022. Posted in Earnings Releases And Operating Results.

Q2 momentum sets the stage for a strong FY22 MELBOURNE, Australia, Jan. 19, 2022 (GLOBE NEWSWIRE) — Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, ‘Company’, ‘GENE’, ‘geneType’), a diversified Genomics and AI driven preventative health business, provides its results for the quarter ended December 31, 2021. Highlights:Solid cash balance of A$13.5 million and increased customer receipts of A$1.8 million further extending runway for growth ‘One company two brands’ approach leverages EasyDNA acquisition with launch of the Multi-Test product Multi-Test technical validation complete and submitted to NATA1 and CMS2 for final regulatory approval ahead of the commercial release Multi-Test to address a burgeoning market determining personal risk of developing a range of serious diseases including:breast cancer colorectal cancer ovarian...

Quad M Solutions Inc. Signs MOU with Quantum Computing Inc.

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Will Deliver the First Quantum Solution for Medical Underwriting Edgewater, NJ, Jan. 19, 2022 (GLOBE NEWSWIRE) — Quad M solutions, Inc.(MMMM:OTC) has executed a Memorandum Of Understanding (MOU) with Quantum Computing Inc. (QCI) (Nasdaq:QUBT) to develop and deliver a quantum solution for improving the efficiency of the company’s self-underwritten medical insurance. Quad M is projected to have tens of thousands of covered employees utilizing its medical benefits solutions through its subsidiary, Nuaxess2, in 2022. Quad M Solutions Inc. will collaborate with QCI in designing a quantum solution utilizing its over 100,000 person and growing database of medical records. Currently, like all medical insurance companies and other self-insured corporations, Quad M Inc. uses a standard medical questionnaire to underwrite its employees....

Third North Carolina Hospital System Signs New Contract for Streamline Health® eValuator™

Written by Customer Service on January 19, 2022. Posted in Public Companies.

Coastal Medical Center Chooses Automated Coding Analysis for Inpatient and Outpatient Care to Improve Revenue Performance Atlanta, GA, Jan. 19, 2022 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator™ Revenue Integrity Program to help healthcare providers proactively address revenue leakage and improve financial performance, today announced it has signed a contract with an Epic EHR-based regional medical center located in Eastern North Carolina. The nearly 700-bed medical center will use eValuator’s automated pre- and post-bill coding analysis technology to help improve revenue integrity and financial performance from their inpatient and outpatient services. Streamline Health is leading an industry movement to enable every hospital in the country to use pre-bill technology to improve...

Cudos Partners with Functionland to Support Decentralized Cloud Solutions

Written by Customer Service on January 19, 2022. Posted in Mergers And Acquisitions.

London, UK, Jan. 19, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) Decentralized cloud-computing network Cudos is partnering with Functionland, a blockchain-attached storage (BAS) provider, to support its decentralized storage networks. Functionland has introduced BAS and peer-to-peer local storage for file and photo safekeeping, challenging the cloud-storage and service-subscription economy. In addition, it creates value by auto-minting tokens for users and allocating a share to the developers. Cudos’ layer-one blockchain network will be utilized for file transactions, peer-to-peer payments and rewards as part of the partnership. Cudos will also provide Functionland with scalable computing from data center servers, gaming computers and mining rigs. Learn more: How blockchain is revolutionizing the world of gaming Blockchain technology...

Day: January 19, 2022

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