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Day: March 21, 2022

Dave Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Provides Fiscal Year 2022 Outlook LOS ANGELES, March 21, 2022 (GLOBE NEWSWIRE) — Dave Inc. (Nasdaq: DAVE), a banking app on a mission to build products that level the financial playing field, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2021. “We are pleased with our fourth quarter results, capping off a transformational 2021 for Dave. We reported total operating revenues of $41.2 million in the fourth quarter and now have over 6 million members in the US,” said Jason Wilk, Co-Founder and Chief Executive Officer of Dave. “Our transition in January 2022 to a public company was a significant milestone as we continue on our journey to build products that level the financial playing field. In 2022, we are really excited to continue investing behind the attractive opportunities we see...

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Augmedix Reports Fourth Quarter and Full Year 2021 Financial Results

SAN FRANCISCO, March 21, 2022 (GLOBE NEWSWIRE) — Augmedix, Inc. (Nasdaq: AUGX), a leading provider of automated medical documentation and data services, today reported financial results for the three months ended December 31, 2021. “We are pleased with the progress we made in 2021, as we continued to execute well across our strategic initiatives and finished the year by delivering our strongest quarter to date,” said Manny Krakaris, Chief Executive Officer at Augmedix. “The fourth quarter was highlighted by our accelerated revenue growth, gross margin expansion, and meaningful progress along our path to a fully-automated medical note. Our highly differentiated approach to the medical note creation process has positioned us well for the large market opportunity ahead, and we look forward to building upon our momentum in 2022.” Fourth...

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SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022. Stockholders voted overwhelmingly in favor of the proposals relating to the Merger, as approximately 95% of voting SUNS stockholders and approximately 98% of voting SLRC stockholders supported the Merger. The transaction is currently expected to close on or about April 1, 2022, subject to the satisfaction of customary closing conditions. “We would like to thank both SLRC and SUNS stockholders for their overwhelming support of the transaction,” said...

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SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022. Stockholders voted overwhelmingly in favor of the proposals relating to the Merger, as approximately 95% of voting SUNS stockholders and approximately 98% of voting SLRC stockholders supported the Merger. The transaction is currently expected to close on or about April 1, 2022, subject to the satisfaction of customary closing conditions. “We would like to thank both SLRC and SUNS stockholders for their overwhelming support of the transaction,” said...

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Top 10 Split Trust Announces Year End Results

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the year ended December 31, 2021. Increase in net assets attributable to holders of Capital Units amounted to $2.76 million or $3.81 per Capital Unit. As at December 31, 2021, net assets attributable to holders of Capital Units were $2.54 million or $4.38 per Capital Unit. Interest payments of $0.56 million or $0.78 per Preferred Security and cash distributions to Capital Unit holders totaling $0.18 million or $0.27 per Capital Unit were paid during the year. The Fund’s investment objectives for the Capital Units are (i) to provide holders of Capital Units, upon redemption, with the benefit of any capital appreciation in the market price of the securities in the Financial Portfolio and (ii) to pay...

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S Split Corp Announces Year End Results

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — (TSX: SBN; SBN.PR.A) S Split Corp. (the “Fund”) announces results of operations for the year ended December 31, 2021. Increase in net assets attributable to holders of Class A shares amounted to $2.65 million or $3.30 per Class A share. As at December 31, 2021, net assets attributable to holders of Class A shares were $4.34 million or $8.53 per Class A share. Cash distributions to Preferred shareholders totaling $0.42 million or $0.53 per Preferred share and to Class A shareholders totaling $0.16 million of $0.21 per Class A share were paid during the year.   The investment objectives for the Class A shares are: (i) to provide holders of Class A shares with monthly cash distributions targeted to be 6.00% per annum on the net asset value (“NAV”) of the Class A shares; and (ii) to provide...

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World Financial Split Corp. Announces Year End Results

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — (TSX: WFS; WFS.PR.A) World Financial Split Corp. (the “Fund”) announces results of operations for the year ended December 31, 2021. Increase in net assets attributable to holders of Class A shares amounted to $1.86 million or $1.91 per Class A share.   As at December 31, 2021, net assets attributable to holders of Class A shares were $3.19 million or $3.43 per Class A share. Cash distributions to Preferred Shareholders totaling $0.51 million or $0.53 per Preferred share were paid during the year. The Fund is a mutual fund corporation which invests in a portfolio that includes common equity securities selected from the ten largest financial services or real estate companies by market capitalization in each of Canada, the United States and the Rest of the World (the “Portfolio Universe”)....

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Mulvihill Premium Yield Fund announces year end results

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — Mulvihill Premium Yield Fund (the “Fund”) announces results of operations for the year ended December 31, 2021. Increase in net assets attributable to holders of Class I amounted to $1.56 million or $1.33 per Class I unit, increase in net assets attributable to holders of Class F units amounted to $0.95 million or $1.27 per Class F unit and increase in net assets attributable to holders of Class A units amounted to $0.57 million or $0.74 per Class A unit. As at December 31, 2021, net assets attributable to holders of Class I were $14.72 million or $11.34 per Class I unit; net assets attributable to holders of Class F were $9.92 million or $11.33 per Class F unit and net assets attributable to holders of Class A units were $15.64 million or $11.01 per Class A unit. Distributions paid to...

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TELA Bio Reports Fourth Quarter and Full Year 2021 Financial Results

MALVERN, Pa., March 21, 2022 (GLOBE NEWSWIRE) — TELA Bio, Inc. (“TELA”) (Nasdaq: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient’s own anatomy, today reported financial results for the fourth quarter and full year ended December 31, 2021. Recent HighlightsReported revenue of $8.4 million for the fourth quarter and $29.5 million for the full year 2021, representing growth of 48% and 62%, respectively, over the corresponding periods of 2020 Announced publication of 12-month results from the BRAVO Study with continued positive outcomes through 24 months Entered into an exclusive distribution agreement with Next Science to market its proprietary SiteGuard...

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STRATA Skin Sciences Reports Record Fourth Quarter 2021 Revenue

HORSHAM, Pa., March 21, 2022 (GLOBE NEWSWIRE) — STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced financial results for the fourth quarter and full year ended December 31, 2021. Recent HighlightsRevenue in the fourth quarter of 2021 was a record $9.1 million, an increase of 35% over the fourth quarter of 2020Global recurring revenue was $6.7 million, a 32% increase over the fourth quarter of 2020 Gross domestic recurring billings were $6.1 million, a 14% increase over the fourth quarter 2020 (See Reconciliation of Non-GAAP measures below)Revenue for the full year 2021 was $30.0 million, a 30% increase over the full year 2020Global recurring revenue was $22.5 million,...

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