Day: January 27, 2022

SUFFOLK, Va., Jan. 27, 2022 (GLOBE NEWSWIRE) — TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) announced today that J. Morgan Davis, a founding member of the Company and current Chief Executive Officer, plans to retire in 2022. In order to ensure a smooth and orderly transition process, Mr. Davis intends to remain in his current position until the appointment of his successor and will help with the transition as necessary, after which he will serve as a senior advisor to the Company. Mr. Davis has held a variety of key leadership roles at the Company since its founding in 1999, and served as President from 2011 through 2021, and as Chief Executive Officer since 2018, a position he will continue to hold until his successor is appointed. “Morgan has played an instrumental role in the launch and steep growth trajectory of Towne...

RADNOR, PA, Jan. 27, 2022 (GLOBE NEWSWIRE) — BM Technologies, Inc. (NYSE American: BMTX)(“the Company” or “BMTX”), one of the largest digital banking platforms and banking as a service providers, announced that it will participate in the following investor conferences:Alliance Global Partners’ Emerging Growth Technology Conference on February 2nd, 2022 Jefferies Payments & FinTech Summit on March 1st – 2nd, 2022Members of the senior management team will be presenting and hosting 1×1 meetings. About BM Technologies, Inc. BM Technologies, Inc. (NYSE American: BMTX)—formerly known as BankMobile—is among the largest digital banking platforms and banking as a service providers, providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation,...

VANCOUVER, British Columbia, Jan. 27, 2022 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, announces the retirement of Henry Reisner, a co-founder and the current Executive VP and a director of the Company, with effect immediately. Kevin Pavlov, the Company’s Chief Executive Officer, stated, “On behalf of the Board of Directors and management team, I would like to celebrate all of Henry’s contributions over the course of his six years with ElectraMeccanica. We applaud Henry for his leadership, dedication and tireless efforts as he has been instrumental in making ElectraMeccanica what it is today, and we wish him the very best.” Henry Reisner stated, “Today I announce my retirement from my roles within ElectraMeccanica....

PITTSBURGH, Jan. 27, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it has pledged $100,000 over the next five years to the new Women in Optics (WiO) scholarship program recently launched by the Optica Foundation, Inc. “Women scientists and engineers can be found throughout II-VI globally, making groundbreaking contributions, and we look forward to many more joining our ranks,” said Dr. Vincent D. Mattera, Jr., Chair and CEO of II-VI Incorporated. “We strongly encourage women to become the future generation of leaders in optics, optoelectronics, and photonics, following in the footsteps of those who have already reached the higher echelons in our industry. We celebrate both women and men who have been recognized as thought leaders,...

Latest Advancement in Oral Care Increases Access to Innovative Teeth Whitening for a Brighter, Healthier SmileSmileDirectClubPro Whitening System PlusNASHVILLE, Tenn., Jan. 27, 2022 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, today announced the expansion of its best-in-class oral care product offerings with its new Pro Whitening System Plus, featuring a Wireless LED Whitening Light. Putting advanced technology directly in the hands of consumers, the Pro Whitening System Plus is the brand’s most complete teeth whitening system available, offering even more convenience and value. This new extension to SmileDirectClub’s bestselling Pro Whitening System, the Pro Whitening System Plus features two 1-week treatments...

GLEN HEAD, New York, Jan. 27, 2022 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported net income and earnings per share for the quarter and year ended December 31, 2021. In the highlights that follow, all comparisons are to the prior year or quarter unless otherwise indicated. 2021 HIGHLIGHTSNet Income and EPS were $43.1 million and $1.81, respectively, versus $41.2 million and $1.72 ROA and ROE were 1.04% and 10.34%, respectively, compared to 1.00% and 10.47% Net interest margin was 2.74% versus 2.64% Repurchased 679,873 shares at a cost of $14.5 millionFOURTH QUARTER HIGHLIGHTSNet interest margin improves to 2.86% versus 2.71% in the third quarter of 2021 Strong loan originations of $333 million Recorded charges of $2.0 million related...

Collaboration Aims to Further Connect Female Entrepreneurs with Necessary Capital to Succeed ST. LOUIS, Jan. 27, 2022 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced an alliance with LFE Capital, a growth equity firm dedicated to providing capital to women-owned and managed health and wellness businesses. As part of this partnership, Stifel is making a minority investment in LFE Capital and becoming an LP in its fourth fund. This investment is an important extension of Stifel’s initiative to develop relationships with the capacity to provide principal solutions. Founded in 2001 by Leslie Frecon, LFE Capital provides expansion or buyout capital to high-growth companies with revenues of $2-20 million. The firm’s strategy encompasses products and services that promote healthy living and improve healthcare with...

BANNOCKBURN, Ill., Jan. 27, 2022 (GLOBE NEWSWIRE) — Option Care Health Inc. (“Option Care Health”) (NASDAQ: OPCH), the nation’s largest independent national provider of home and alternate site infusion services, today announced that the company will release results for its fourth quarter and full year ended December 31, 2021 on Wednesday, February 23, 2022 before the market opens. In conjunction, the management team will host a conference call to review the results at 8:30 a.m. E.T. on the same day. Conference Call Details The conference call can be accessed by dialing (866) 360-3136 and referencing conference ID 7156207; or via a live audio webcast that will be available online at https://investors.optioncarehealth.com. A replay of the call will be available via webcast for on-demand listening shortly after the completion of the...

WOODSIDE, Calif., Jan. 27, 2022 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late-stage and growth companies seeking an alternative to raising equity, today announced that it will release its financial results for the fourth quarter of 2021 and fiscal year ended 2021 after market close on Thursday, March 3, 2022. The Company will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET). To participate in the conference call, please dial (844) 467-7753 and reference conference ID 3790578. A live webcast will be available in the investor section of the Company’s website at https://investors.runwaygrowth.com/, and will be archived for 90 days following the call. About Runway Growth Finance Corp. Runway Growth...

DENVER, Jan. 27, 2022 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM; TSXV: IOM), a provider of intraoperative neuromonitoring services (“IONM”), announced an annual, quarterly and monthly record for managed cases in the full-year period, the fourth quarter and the month of December 2021. John A. Farlinger, executive chairman and CEO said, “The Company reported our highest number of managed cases in the full-year period, the fourth quarter and the month of December 2021. In 2021, Assure performed approximately 17,400 managed cases, exceeding our full-year forecast. This total included more than 5,000 managed cases in the fourth quarter of 2021 and over 1,900 in the month of December. Comparatively, in 2020, we performed over 9,900 managed cases during the full year, including more than 3,000...