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Day: February 7, 2022

Apollo Builds On Commitment to ‘Expanding Opportunity’ With Launch of Supplier Diversity Program for Private Equity Portfolio

The Firm Commits to Achieving More Than $1 Billion in Diverse Spend by 2024 NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the launch of a Supplier Diversity program focused on growing direct and indirect spending with diverse businesses across its private equity portfolio, with the goal of achieving more than $1 billion in spend by 2024. This program is the latest initiative undertaken by Apollo as part of its commitment to expanding opportunity across its workplace, marketplace and communities. As part of the supplier diversity program, Apollo is targeting 20% year-over-year growth in diverse spend across its funds’ portfolio companies with emphasis on minority- and women-owned businesses in strategic areas such as professional, technical, and scientific services. Apollo’s Portfolio Performance...

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Mullen Automotive Strengthens Balance Sheet

Mullen and its award-winning EV program has received more than $40 million within the past two monthsMullen Automotive Strengthens Balance SheetMomentum continues for Mullen FIVE EV Crossover and Cargo Van Programs.BREA, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today it has bolstered its balance sheet with $4 million in funding over the past week through a combination of the initial drawdown of  $2.5 million under a $30 million equity line from Esousa Holdings, llc.  and debt financing from existing shareholders, bringing the total funding received over the past two months to more than $40 million.  “This financing represents one of several financial avenues that...

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PLUS Turns to Manhattan Associates’ Cloud Solution to Streamline Delivery Network

Leading Dutch grocer optimises route planning with Manhattan’s cloud-based transportation management solution NIEUWEGEIN, Netherlands, Feb. 07, 2022 (GLOBE NEWSWIRE) — Manhattan Associates Inc. (NASDAQ: MANH) today announced that PLUS, a leading grocery retailer in the Netherlands, is operating Manhattan’s Transportation Management System (TMS) to streamline its delivery network and optimise route planning. Manhattan’s cloud-based TMS solution has been implemented in distribution centres across the Netherlands and will enable PLUS to realise the transportation and logistics needs of its grocery stores across the country through the management of all inbound deliveries from suppliers to distribution centres (DCs), and outbound deliveries from its four nationwide DCs. “Manhattan’s transportation management system is a scalable, cloud-based...

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Alector Announces Appointment of Marc Grasso, M.D., as Chief Financial Officer

SOUTH SAN FRANCISCO, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering the discovery and development of immuno-neurology therapeutics, today announced the appointment of Marc Grasso, M.D., as Chief Financial Officer (CFO). Dr. Grasso brings extensive biotechnology industry leadership experience, including a successful track record in finance, corporate development and strategic leadership. As Alector’s CFO, Dr. Grasso will lead all aspects of the company’s financial operations and play a critical role in supporting corporate strategy. Dr. Grasso will report to Arnon Rosenthal, Ph.D., Chief Executive Officer of Alector.   “I’m pleased to welcome Marc as the newest member of our leadership team,” said Dr. Rosenthal. “Marc brings considerable experience in corporate...

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Pokemoto Sees 300%+ Future Location Growth with 40 New Locations Inked, Open or Under Construction

Muscle Maker, Inc.’s Pokemoto Division Expands with New Franchise Agreement Signed, Extending Market Leader Position in Connecticut as Largest Hawaiian Poke Chain LEAGUE CITY, TEX., Feb. 07, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Muscle Maker, Inc.’s (Nasdaq: GRIL) newest subsidiary Pokemoto, today announced it has signed a new franchise agreement in Connecticut, the brand’s core market with the strongest presence of Pokemoto eateries. With this latest addition, Connecticut now has 15 Pokemoto locations (10 currently open and 5 future franchise locations). Pokemoto is the largest Hawaiian Poke chain in the Connecticut market today with plans to continue its expansion through franchising efforts and company owned locations across multiple states.   This signing brings the total of new franchise agreements inked to 31 since November...

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Innovid Announces Acquisition of Converged TV Measurement Leader, TVSquared

Combination Expands Independent, Currency-Grade Measurement Platform Across TV, CTV & DigitalPurchase price valued at approximately $160 million consists of $100 million in cash as well as additional stock consideration. TVSquared total preliminary revenue for the full year of 2021 is expected to be between $20 – $22 million. Combined business positions Innovid as a single source for ad-serving and measurement for converged TV. Innovid also announced today preliminary expectations for 2021 Q4 and Full Year results, the press release can be seen here.NEW YORK and EDINBURGH, Scotland, Feb. 07, 2022 (GLOBE NEWSWIRE) — Innovid (NYSE: CTV), a leading independent connected TV (CTV) advertising delivery and measurement platform, and TVSquared Ltd. (“TVSquared”), an independent global measurement and attribution platform...

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Freshpet, Inc. to Report Fourth Quarter and Fiscal Year 2021 Results on Monday, February 28, 2022

SECAUCUS, N.J., Feb. 07, 2022 (GLOBE NEWSWIRE) — Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the fourth quarter and fiscal year ended December 31, 2021 on Monday, February 28, 2022 after market close. The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details. The conference call is scheduled to begin at 4:30 p.m. ET on Monday, February 28, 2022. To participate on the live call, listeners in North America may dial (877) 407-0792 and international listeners may dial (201) 689-8263. In addition, the call will be broadcast live over the Internet, hosted at the “Investor” section of the Company’s website at www.freshpet.com and will be archived online. A telephonic playback will be...

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Aeterna Zentaris to Present at the 2022 BIO CEO & Investor Conference

CHARLESTON, S.C., Feb. 07, 2022 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS) (“Aeterna” or the “Company”), a specialty biopharmaceutical company developing and commercializing a diversified portfolio of pharmaceutical and diagnostic products, today announced that Dr. Klaus Paulini, Chief Executive Officer of Aeterna Zentaris, will present at the BIO CEO & Investor Conference being held in New York, NY and virtually, February 14-17, 2022. In addition to the presentation, management will be available to participate in virtual one-on-one meetings with qualified members of the investor community who are registered to attend the conference. For more information about the conference, please visit the conference website. A video webcast of the presentation will be available for viewing on-demand for those registered...

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Key appointments strengthen Adyton Board and management team

PORT MORESBY, Papua New Guinea, Feb. 07, 2022 (GLOBE NEWSWIRE) — Adyton Resources Corporation (TSX Venture: ADY) has appointed experienced mining professional Mr Anthony Williamson to its Board as a Non-Executive Director, subject to the approval of the TSX Venture exchange. Mr Williamson has over 30 years’ experience as a geologist in the mineral exploration sector in Australia, Papua New Guinea (PNG), and south-east Asia. As Director of Mining with the PNG Department of Mining from 1999 until 2004, he was responsible for the administration of several multi-billion-dollar projects as well as all aspects of mineral licensing, mine safety and landowner liaison. The role also included an alternate directorship of Ok Tedi Mining Limited. Mr Williamson co-discovered and brought into production the Philippines’ Co-O mine, co-discovered...

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Unrivaled Brands Expands Product Offering Through Distribution Agreement with POTTERS Cannabis Co.

SANTA ANA, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”) today announced a distribution agreement with POTTERS Cannabis Co. (“POTTERS”), a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California distribution network. Rooted in healthcare and wellness, POTTERS was originally launched as an all-natural solution for holistic pain management before finding widespread fanfare in the California Cannabis culture. During his tenure as President of Synergy Homecare of San Diego, POTTERS’ founder, Casey Potter, observed a critical need for a natural product that would provide effective pain relief while improving the quality of life of his patients. Mr. Potter then partnered...

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