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Month: February 2022

Intapp and QorusDocs Partner to Accelerate Proposal Management for the Legal Industry

New Partnership Leverages Collective Firm Data in Automated Pitch and Proposal Creation PALO ALTO, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading provider of cloud-based software for the global professional and financial services industries, today announced a global partnership with QorusDocs, a proposal management software company that streamlines proposal creation and request for proposal (RFP) responses. Through this partnership, OnePlace Marketing & Business Development — an Intapp solution for next-generation client development — will integrate with the QorusDocs proposal management software. The partnership between Intapp and QorusDocs will enable law firms to seamlessly leverage their collective experience data in professional-looking proposals, enhancing their ability to win more business....

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VPG Announces Change in Corporate Strategy and Reporting Segments

MALVERN, Pa., Feb. 15, 2022 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced a new corporate strategy resulting in a realignment of its reporting business segments.   The new corporate strategy and reporting structure builds on the Company’s strengths and investments. The change is designed to accelerate the Company’s growth and optimize its financial performance by leveraging its core technologies, competitive position, and deep technical expertise in growing applications that increasingly require precision measurement solutions. Marc Zandman, Chairman of the Board of VPG, commented: “We are excited to announce this next evolutionary step for VPG and the potential for faster growth and long-term value creation it provides. Our new strategy also...

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VPG Reports Fiscal 2021 Fourth Quarter and Twelve Month Results; New Strategy and Business Segmentation Announced

MALVERN, Pa., Feb. 15, 2022 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2021 fourth quarter and twelve fiscal months ended December 31, 2021. Fourth Quarter Highlights:Revenues of $90.0 million increased 19.3% from a year ago Earnings per diluted share were $0.44, as compared to $0.01 reported a year ago Adjusted diluted earnings per share* were $0.56, as compared to $0.43 reported a year ago Gross profit margin was 38.7%, as compared to 38.1% a year ago Adjusted gross profit margin* was 40.3%, as compared to 38.0% a year ago Operating margin was 9.7%, as compared to 7.8% reported a year ago Adjusted operating margin* was 11.4%, as compared to 10.7% reported a year ago Cash from operating activities was $15.5 million with...

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American National Bankshares Inc. Announces Quarterly Cash Dividend

DANVILLE, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) — American National Bankshares Inc. (NASDAQ: AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.28 per common share, payable March 18, 2022 to shareholders of record March 4, 2022. The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $38.38 on February 14, 2022, represents a dividend yield of approximately 2.9%. About American NationalAmerican National is a multi-state bank holding company with total assets of approximately $3.3 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving Virginia and North Carolina with...

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ARMOUR Residential REIT, Inc. Announces March 2022 Dividend Rate Per Common Share

VERO BEACH, Florida, Feb. 15, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the March 2022 cash dividend for the Company’s Common Stock. March 2022 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateMarch 2022   $0.10   March 15, 2022   March 28, 2022Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion of the Company’s...

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Washington Water Service Enters into Agreement to Acquire Driftwood Valley Water

GIG HARBOR, Wash., Feb. 15, 2022 (GLOBE NEWSWIRE) — Washington Water Service (Washington Water), a subsidiary of California Water Service Group (Group), signed an agreement to acquire the water utility assets of Driftwood Valley Association. The acquisition is subject to satisfaction of customary closing conditions and approval by the Washington Utilities and Transportation Commission (WUTC). Driftwood Valley Water, owned and operated by the homeowners association, currently serves 62 customers in Yelm, Wash., located in Thurston County. Washington Water will also provide service to new customers in the association as its 21 empty lots are developed. “We appreciate the confidence Driftwood Valley Association has in us to serve its residents and look forward to working with its team and the WUTC to complete the transaction,” said...

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Independence Holding Company Announces Completion of Merger

STAMFORD, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) (the “Company”) today announced the completion of the merger (the “Merger”) of the Company with Geneve Acquisition Corp., a Delaware corporation (“Merger Sub”) and indirect wholly-owned subsidiary of Geneve Holdings, Inc., a Delaware corporation (“Geneve”), pursuant to the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated November 9, 2011, by and among the Company, Geneve and Merger Sub. At a special meeting of the Company’s stockholders held today, February 15, 2022, the proposal to adopt the Merger Agreement was approved by (i) holders of a majority of the issued and outstanding shares of common stock of the Company, par value $1.00 per share (“Common Stock”), at the close of business on January 3, 2022 (the...

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AFC Gamma, Inc. Schedules Fourth Quarter and Annual 2021 Earnings Conference Call for March 10, 2022

WEST PALM BEACH, Fla., Feb. 15, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC” or “AFC Gamma”) today announced that it plans to report earnings for the quarter and fiscal year ended December 31, 2021 on Thursday, March 10, 2022. AFC will host a conference call at 10:00 am Eastern Time on Thursday, March 10, 2022 to discuss its quarterly and annual financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of AFC’s website at www.afcgamma.com, or live by calling 1-833-693-0548 (domestic) or 1-661-407-1588 (international). All callers will need to enter the Conference ID number 7138797 and reference “AFC Gamma Q4 2021 Earnings Call” after being connected with the operator. The complete webcast will be archived for 90...

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AVITA Medical to Announce Transition Period July 1, 2021 to December 31, 2021 Financial Results

VALENCIA, Calif. and MELBOURNE, Australia, Feb. 15, 2022 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, announced today that it plans to release its July 1, 2021 to December 31, 2021 financial results after the market closes on Monday, February 28, 2022. In conjunction with such release, the Company plans to host a conference call and webcast that day at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time (Tuesday, March 1, 2022 at 8:30 a.m. Australian Eastern Daylight Time) to discuss its financial results and recent highlights. Effective January 1, 2022, the Company switched from a fiscal year to calendar year financial reporting basis. Interested...

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CRISPR Therapeutics Provides Business Update and Reports Fourth Quarter and Full Year 2021 Financial Results

– More than 70 patients have been dosed with CTX001™ across CLIMB-Thal-111 and CLIMB-SCD-121 to date; enrollment complete and regulatory submissions planned for late 2022- -Initiated and began dosing patients in the pivotal trial of CTX110™, targeting CD19+ B-cell malignancies; additional data expected to report in 2022- -Top-line data expected to report in 1H2022 for ongoing CTX120™ and CTX130™ clinical trials- -First patient dosed in Phase 1 clinical trial of VCTX210 for the treatment of type 1 diabetes (T1D)- ZUG, Switzerland and CAMBRIDGE, Mass., Feb. 15, 2022 (GLOBE NEWSWIRE) — CRISPR Therapeutics (Nasdaq: CRSP), a biopharmaceutical company focused on creating transformative gene-based medicines for serious diseases, today reported financial results for the fourth quarter and full year ended December 31, 2021. “2021...

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