Month: January 2022

PHILADELPHIA, Jan. 24, 2022 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (NASDAQ: ANPC), a biotechnology company with operations in the United States and China, announced today that it has received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) dated January 19, 2022 indicating that the Company is not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) set forth in the Nasdaq Rules for continued listing on the Nasdaq Global Market. Nasdaq Listing Rule 5450(b)(2)(C) requires companies to maintain a minimum MVPHS of US$15 million, and Listing Rule 5810(c)(3)(D) provides that a failure to meet the MVPHS requirement exists if the deficiency continues for a period of 30 consecutive business days. Based...

DAYTONA BEACH, Fla., Jan. 24, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the fourth quarter and full year of 2021. Revenues for the fourth quarter of 2021 under U.S. generally accepted accounting principles (“GAAP”) were $738.5 million, increasing $96.4 million, or 15.0%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 15.3% and Organic Revenue(1) increasing by 9.0%. Net income was $101.7 million, increasing $4.4 million, or 4.5%, and diluted net income per share increased to $0.36, or 5.9% as compared to the fourth quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.42, or 31.3%, compared to the fourth quarter of the prior year. Revenues for...

WORCESTER, Mass., Jan. 24, 2022 (GLOBE NEWSWIRE) — Mustang Bio, Inc. (“Mustang”) (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors and rare genetic diseases, today announced that the U.S. Food and Drug Administration (“FDA”) has issued a hold, pending Chemistry, Manufacturing and Controls (“CMC”) clearance, on the Company’s Investigational New Drug (“IND”) application. Submitted in December 2021, the IND is to initiate a pivotal Phase 2 multicenter study to assess the safety, tolerability and efficacy of MB-207, Mustang’s lentiviral gene therapy for the treatment of patients with X-linked severe combined immunodeficiency (“XSCID”), also known as bubble boy disease, who have been previously...

Highlights for the Fourth Quarter of 2021Operating earnings1 of $0.52 and $2.39 per diluted common share for the 2021 fourth quarter and year end, respectively 31% increase in year-over-year operating earnings1 per diluted common share Net organic loan growth of over $75 million, a 12% annualized quarter-over-quarter increase Tangible book value per share1 of $19.26, a 4.8% annualized quarter-over-quarter increase Strategic Nashville, TN MSA2 enhancement with several senior relationship manager hires Gulf Coast Wealth Management team lift-out previously responsible for managing ~$350 million in AUM2 Completion of Sevier County Bancshares, Inc. (“SCB”) integration; five branch closures with near full realization of operational efficiencies Opening of Mobile, AL branch office and application approval of Auburn, Dothan and Montgomery branch...

SPOKANE, Wash., Jan. 24, 2022 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2021 results on Wednesday, February 23, 2022, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2021 earnings information will be issued at 7:05 a.m. Eastern Standard Time on February 23, 2022. This call can be accessed on Avista’s website at investor.avistacorp.com, or you can listen to the call by dialing (855) 806-8606, Confirmation number 9970246. A replay of the call will be available through March 2, 2022. Call (855) 859-2056, Confirmation number 9970246# to listen to the replay. The webcast will be archived for one year on the Avista Corp. web site at investor.avistacorp.com. Avista Corp. is an energy company involved in the production, transmission...

Arcimoto San Diego RentalsArcimoto to Discuss Its Mission to Deliver Sustainable Transportation Solutions at the Baird Vehicle Technology & Mobility Conference on January 25EUGENE, Ore., Jan. 24, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, will showcase its family of products and share its vision for accelerating the transition to sustainable transportation at the 2022 Baird Vehicle Technology & Mobility Conference on January 25.2022 Baird Vehicle Technology & Mobility Conference   Date: Tuesday, January 25, 2022Presentation time: 10:15 a.m. ESTFormat: Presentation and 1-on-1 meetings (virtual)Registration: Investors may reach out to their Baird representative for registration...

CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX: PRQ) is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2022 OTCQX Best 50 were ranked based on their performance in 2021. Petrus’ President & CEO, Ken Gray, commented “We are excited to have been named to the 2022 OTCQX Best 50 list. This past year was a transformative one for Petrus and through a disciplined strategy, the...

FRISCO, TX, Jan. 24, 2022 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that its proved oil and natural gas reserves as of December 31, 2021 were estimated at 6.1 trillion cubic feet equivalent (“Tcfe”) as compared to total proved oil and gas reserves of 5.6 Tcfe as of December 31, 2020. The reserve estimates were determined under the SEC guidelines and were audited by the Company’s independent reserve engineering firm. The 6.1 Tcfe of proved reserves at December 31, 2021 were 37% developed and 98% were operated by Comstock. The present value, using a 10% discount rate, of the future net cash flows before income taxes of the proved reserves (the “PV-10 Value”), was approximately $6.8 billion, using the Company’s average...

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that, on January 18, 2022, its wholly-owned subsidiary, Classroom Salon Holdings LLC (“Classroom Holdings”), a Delaware limited liability company, executed membership interest purchase agreements and assignments of membership interests for the acquisition of 100% of the interest in Classroom Salon LLC (“Classroom Salon”), a Pennsylvania limited liability company that utilizes interfaces, workflows and algorithms to offer educators unique tools to teach and assess their students’ course work, pending the successful completion of a two-year audit of Classroom Salon. All members of Classroom Salon, including Carnegie Mellon University, in partnership with...

RALEIGH, N.C., Jan. 24, 2022 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. (Nasdaq: FCNCA) (“First Citizens”), parent company of First-Citizens Bank & Trust Company (“First Citizens Bank”), today announced that First Citizens Bank has given notice of its intention to redeem approximately $2.9 billion of its senior unsecured debt. On January 24, 2022, First Citizens Bank notified Wilmington Trust, National Association, as trustee (the “Trustee”), and Deutsche Bank Trust Company Americas, as paying agent, security registrar and authenticating agent (the “Paying Agent”), of its intention to redeem on February 24, 2022 (the “Redemption Date”) (a) all of its outstanding $1,147,000,000 aggregate principal amount of 5.000% Senior Unsecured Notes due 2022 (the “2022 Notes”), (b) all of its outstanding $750,000,000 aggregate principal...