Day: February 16, 2022

Adial Pharmaceuticals Announces Closing of $10 Million Financing

Written by Customer Service on February 16, 2022. Posted in Public Companies.

CHARLOTTESVILLE, Va., Feb. 16, 2022 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the closing of its previously announced registered direct offering, whereby a single accredited institutional investor purchased approximately $10 million of the Company’s common stock and pre-funded warrants, as well as warrants to purchase common stock in a concurrent private placement. The combined effective purchase price for one share of common stock (or pre-funded warrant in lieu thereof) and a warrant to purchase 0.95 shares of common stock was $2.40. Under the terms of the securities purchase agreement, Adial sold 2,322,250 shares of...

PURA Positions Farmersville Hemp As A Global Brand Targeting $18 Billion Market

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Dallas, Texas, Feb. 16, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today emphasized that the company’s new Farmersville Hemp brand is a global brand. PURA management pointed out that the U.S. today is only a small fraction of the global hemp market currently dominated by the Asia Pacific region. Last year, PURA launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp. Today, PURA management points out that its co-op participants reach substantially includes global targets. The industrial hemp industry, to include the portion of CBD exclusively...

Rose Thompson Named Recipient of the 2022 St. Louis Titan 100

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

ST. LOUIS, Feb. 16, 2022 (GLOBE NEWSWIRE) — Saint Louis, MO, February 2022 – ButcherJoseph & Co. (“ButcherJoseph” or “the Firm”) is pleased to announce that Rose Thompson, Chief Operating Officer (COO) at ButcherJoseph was named as a 2022 Titan 100. The Titan 100 program recognizes St. Louis’ Top 100 CEO’s & C-level executives. They are the area’s most accomplished business leaders in their industry using criteria that includes demonstrating exceptional leadership, vision, and passion. Collectively the 2022 Titan 100 and their companies employ more than 38,000 individuals and generate over $15.7 billion dollars in annual revenues. “The Titan 100 are shaping the future of St. Louis’ business community by building a distinguished reputation that is unrivaled and preeminent in their field. We proudly recognize the...

Patriot Reports Fourth Quarter 2021 Net Income of $1.9 Million and full year Net Income of $5.1 Million; continued growth in loans and deposits

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

STAMFORD, Conn., Feb. 16, 2022 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced net income of $1.9 million, or $0.48 basic and diluted earnings per share for the quarter ended December 31, 2021, compared to a net loss of $1.4 million, or $0.35 basic and diluted loss per share reported in the fourth quarter of 2020. For the year ended December 31, 2021, net income was $5.1 million, or $1.29 per fully diluted share, compared to a net loss of $3.8 million, or $0.97 fully diluted loss per share for the year ended December 31, 2020. During the year ended December 31, 2021, the Bank recognized payroll tax credits of $2.9 million, under the Employee Retention Credit program of the Coronavirus Aid, Relief, and...

Old National and First Midwest Complete Merger of Equals

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

EVANSVILLE, Ind. and CHICAGO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) jointly announced today they have completed their all-stock merger of equals, announced on June 1, 2021. The combined company creates the sixth largest commercial bank headquartered in the Midwest based on assets, with more than $46 billion of combined assets, $34 billion of assets under management, strong commercial banking capabilities, a robust retail footprint and a significant wealth platform. “The completion of this partnership marks an historic milestone for both Old National and First Midwest,” said Jim Ryan, CEO of Old National. “We are excited to bring the promise of our two companies together and leverage our talent, expertise and increased scale and market...

Global Healthcare Data Leader H1 Acquires Faculty Opinions Making the Opinions of Top Scientists on the Latest Scientific Research More Broadly Accessible

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

H1 expands Global Doctor Network to include Nobel Laureates and commits to increasing scientific discourse among healthcare professionals NEW YORK, Feb. 16, 2022 (GLOBE NEWSWIRE) — H1, which provides the largest global healthcare professional data ecosystem to enable life sciences, academic medical institutions, health systems, and payors, announced today that it has acquired London-based Faculty Opinions Ltd, formerly known as Faculty of 1000 and F1000 Prime. A close partner of H1, Faculty Opinions fuses the comments and opinions of thousands of top researchers in the Life and Medical Sciences to highlight and validate the most exciting and important research in biology and medicine that is emerging today. Users across Life Sciences, Academic Medical Institutions, Research organizations and more access these insights to drive...

SiriusPoint Announces Dividend on Series B Preference Shares

Written by Customer Service on February 16, 2022. Posted in Dividend Reports And Estimates.

HAMILTON, Bermuda, Feb. 16, 2022 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on February 28, 2022 to Series B shareholders of record as of February 25, 2022. About SiriusPoint SiriusPoint Ltd. (SiriusPoint) is a top 20 global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices around the world, we are listed on the New York Stock Exchange (SPNT). With over $3 billion total capital, SiriusPoint’s operating companies have a financial...

Progressive Reports January 2022 Results

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, Feb. 16, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for January 2022: January (millions, except per share amounts and ratios; unaudited)2022 2021 Change Net premiums written $ 4,585.2 $ 4,104.2 12% Net premiums earned $ 4,474.8 $ 3,947.8 13% Net income $ 25.8 $ 557.5 (95)%Per share available to common shareholders $ 0.04 $ 0.95 (96)% Total pretax net realized gains (losses) on securities $ (347.9 ) $ 108.2 (422)% Combined ratio 92.9 86.3 6.6 pts. Average diluted equivalent common shares 586.2 587.2 0% January (thousands; unaudited) 2022 2021 Change Policies in Force Personal Lines Agency – auto 7,833.5 7,696.7 2%Direct – auto 9,556.2 9,022.7 6%Total...

SalMar – Received pre-acceptances of the voluntary offer to purchase all outstanding shares in NTS ASA

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Frøya/Rørvik, 16 February 2022 Reference is made to the stock exchange notice published on 14 February 2022 (the “Stock Exchange Notice“) informing that SalMar ASA (“SalMar“) will launch a voluntary offer to purchase all outstanding shares in NTS ASA (“NTS” or the “Company“) at NOK 120 per share (the “Offer Price“) (the “Offer“), where it was announced that SalMar had received irrevocable pre-acceptances of the Offer from shareholders that together own 29 727 803 shares in NTS, equaling approximately 23.6 % of the outstanding shares in the Company, for all the shares they own (the “Announcement Pre-acceptances“). SalMar has today received additional irrevocable pre-acceptances of the Offer, on the same terms as the Announcement Pre-acceptances, from Nils...

Stellantis to Outline Long-term Strategic Plan on March 1

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Stellantis to Outline Long-term Strategic Plan on March 1 AMSTERDAM, February 16, 2022 – Stellantis N.V announced today it will outline its long-term strategic plan on Tuesday, March 1, 2022 at 2 p.m. CET / 8 a.m. EST. Carlos Tavares, Chief Executive Officer, will share Stellantis’ long-term strategic plan to further define how the Company intends to lead the way the world moves. Details for accessing the event are available under the Investors section of the Stellantis corporate website at www.stellantis.com. A recorded replay will be accessible under the Investors section of the Stellantis corporate website after the event. About Stellantis Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary...

Day: February 16, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals