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Day: March 2, 2022

Seanergy Announces New Refinancing Facility of $21.3 million with a Prominent Japanese Lender

GLYFADA, Greece, March 02, 2022 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) reported today that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built Capesize M/V Partnership (the “Vessel”) through a sale and leaseback structure. Pursuant to the terms of the new facility, the Vessel will be sold and chartered back on a bareboat basis for an eight-year period starting at the time of the closing, which is anticipated promptly, within March 2022. The financing amount is $21.3 million and the applicable interest rate is SOFR + 2.90% per annum. The new interest rate is approximately 210 bps lower as compared to the blended rate of the existing senior and junior loan facilities secured currently by the...

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Cricut to Present at Upcoming Investor Conference

SOUTH JORDAN, Utah, March 02, 2022 (GLOBE NEWSWIRE) — Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced that members of its management team are scheduled to present at an upcoming investor conference. Details for the event are as follows: Morgan Stanley’s Technology, Media and Telecom ConferenceWednesday, March 9, 2022 at 11:30 am PT The presentation will be webcast live on the investor relations section of Cricut’s website at https://investor.cricut.com/. A replay of the presentation will be available on the website following the completion of the event. About Cricut, Inc. Cricut, Inc. is a creative technology company whose cutting machines and design software help people lead creative lives. Cricut hardware and...

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Capricor Therapeutics Names Dr. Daniel Paulson as Vice President of Clinical Development

Dr. Paulson Will Lead Clinical Efforts Focused on Capricor’s Late-Stage Cell Therapy Program and its Expanding Exosome Platform– SAN DIEGO, March 02, 2022 (GLOBE NEWSWIRE) — Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company focused on the development of transformative cell and exosome-based therapeutics for the treatment and prevention of a broad spectrum of diseases, announced today the expansion of its Senior Leadership team with the appointment of Daniel Paulson, M.D. as Vice President of Clinical Development. “On behalf of the entire Capricor team, we welcome Dr. Paulson to the Company,” said Linda Marbán, Ph.D., Capricor’s Chief Executive Officer. “Daniel is a distinguished leader in the industry and his extensive experience in global pharmaceutical drug development will be instrumental as we continue to...

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Norwood Named Saia’s Executive Vice President and Chief Human Resources Officer

JOHNS CREEK, Ga., March 02, 2022 (GLOBE NEWSWIRE) — Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that Anthony Norwood has been named the Executive Vice President and Chief Human Resources Officer effective today. In this position, he will lead all aspects of human resources (HR) including the development of our human capital strategy. Norwood joins the company from Trane Technologies, where he held the role of Vice President, Human Resources – Corporate. Prior to this, he served in various HR executive roles at Ingersoll Rand. Norwood previously held positions of increasing responsibility at Coca-Cola Bottling Co. Consolidated, Merck & Co, Inc. and the New Ventures Group of Lucent Technologies. He began...

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Shift to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 15, 2022

SAN FRANCISCO, March 02, 2022 (GLOBE NEWSWIRE) — Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced today that it will report its financial results for the fourth quarter and fiscal year 2021, which ended December 31, 2021. The conference call, hosted by management, will take place on Tuesday, March 15, 2022 at 5:00 p.m. ET (2 p.m. PT) and will cover the company’s business and financial results. What: Shift Fourth Quarter and Fiscal Year 2021 Earnings Conference CallWhen: Tuesday, March 15, 2022Time: 5 p.m. ET (2 p.m. PT)Live Call: (833) 614-1395 or (914) 987-7116Live Webcast: https://investors.shift.com/ An archived webcast of the conference call will be accessible on Shift’s Investor Relations page, https://investors.shift.com/....

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Auto Parts Franchise Selects Bridgeline’s TruPresence To Fuel Their Site Search

WOBURN, Mass., March 02, 2022 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a cloud-based marketing technology software provider, announced today that their newest product suite, TruPresence, has been chosen by a national auto parts franchise to improve their site’s search experience. With over 200 locations and one of the largest inventories of auto parts in the nation, the franchisor needed a solution that could handle several large-scale catalogs. This is one of the first deals for TruPresence, which Bridgeline officially debuted at the International Franchise Association Convention on February 26th, 2022. While most site search solutions offer product filtering by year, make, model, plate, and VIN, Bridgeline’s software can narrow results down to an individual level from a free form search bar. The AI-powered...

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Flora Growth Corp. (NASDAQ: FLGC) Strengthens Position with Significant Acquisition

NEW YORK, March 02, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Flora Growth Corp. (NASDAQ: FLGC) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication, titled “2022 Primed after 2021’s Record M&A Deals,” please visit: https://nnw.fm/5Ae41 Last year was a monumental year for merger and acquisition activity. Records worldwide weren’t just broken, they were smashed by M&A activity reaching a stunning $5.9 trillion, up 64% from 2020 while representing the highest volume since 1980. More than 63,000 M&A transactions were completed as companies found new avenues to growth against the backdrop...

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Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results

Fourth quarter and full year operating margin of 8.4% and 9.2% on a reported basis, respectively, and 8.6% and 9.6% on an adjusted non-GAAP basis, the highest in over a decade. Fourth quarter and full year net income per diluted share of $1.12 and $4.20, respectively on a reported basis and $1.14 and $4.35, respectively on an adjusted non-GAAP basis. Repurchased $142 million, or 4.1 million shares in the fourth quarter for a total of $377 million, or 10.2 million shares in Fiscal 2021; contributing to a 15% reduction in shares outstanding from Fiscal 2020.NEW ALBANY, Ohio, March 02, 2022 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the fourth quarter and fiscal year ended January 29, 2022. These compare to results for the fourth quarter and fiscal year ended January 30, 2021. Descriptions...

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Hillman Solutions Corp. Reports Fourth Quarter and Full Year 2021 Results

CINCINNATI, March 02, 2022 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”) reported today selected financial results for the year ended December 25, 2021. Fourth Quarter 2021 HighlightsNet sales for the fourth quarter of 2021 increased 5.3% to $344.5 million as compared to prior year quarter net sales of $327.1 million GAAP Net income for fourth quarter of 2021 was income of $6.5 million compared to a loss of $14.0 million in the prior year Adjusted EBITDA1 decreased 10.4% to $38.6 million compared to $43.1 million in the prior year quarterFiscal 2021 HighlightsNet sales for the year ended December 25, 2021 increased 4.2% to $1,426.0 million as compared to $1,368.3 million in 2020 GAAP Net loss for the year ended December 25, 2021 was a loss of $38.3 million compared to a loss of $24.5...

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Laurentian Bank of Canada reports first quarter 2022 results

The financial information reported herein is based on the condensed interim consolidated (unaudited) information for the three-month period ended January 31, 2022, and has been prepared in accordance with International Financial Reporting standards (IFRS), as issued by the International Accounting Standards Board (IASB). All amounts are denominated in Canadian dollars. The Laurentian Bank of Canada and its entities are collectively referred to as “Laurentian Bank” or the “Bank” and provide deposit, investment, loan, securities, trust and other products or services.MONTREAL, March 02, 2022 (GLOBE NEWSWIRE) — Laurentian Bank of Canada reported net income of $55.5 million and diluted earnings per share of $1.17 for the first quarter of 2022, compared with $44.8 million and $0.96 for the first quarter of 2021. Return on common...

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