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Day: May 18, 2022

ION receives notice of delisting proceedings from NYSE

HOUSTON, May 18, 2022 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE:IO) announced today that is has received a notice from the New York Stock Exchange (“NYSE”, the “Exchange”) that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of ION Geophysical Corporation (the “Company”) — ticker symbol IO — from the Exchange. NYSE Regulation reached its decision to delist the common stock pursuant to Listed Company Manual Section 802.01B, because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain a minimum average global market capitalization over a consecutive 30 trading day period of at least $15 million. Trading in the Company’s common stock was suspended after market close on the NYSE on May 18, 2022. The Company expects...

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H&R Block Executives Host International Businesswomen in Kansas City as Part of U.S. State Department Program

The Fortune – U.S. Department of State Global Women’s Mentoring Program draws on the expertise of American leaders to enhance the skills of women from around the world KANSAS CITY, Mo., May 18, 2022 (GLOBE NEWSWIRE) — Two H&R Block executives, Karen Orosco, president of global consumer tax and service delivery and Tiffany Monroe, chief people and culture officer, are hosting two international businesswomen in Kansas City, Mo., as part of the Fortune – U.S. Department of State Global Women’s Mentoring Partnership, a public-private partnership between Fortune Most Powerful Women, the U.S. Department of State, and Vital Voices Global Partnership. Neha Mehta, founder & chief executive of FemTech Partners in India, and Yara Argueta, independent consultant and board member in Guatemala, will be mentored by Orosco...

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Firm Capital Apartment REIT Reports Q1/2022 Results and USD $10.04 (CAD $12.54) NAV Per Unit

All figures in $USD unless otherwise noted.TORONTO, May 18, 2022 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended March 31, 2022:NAV AT $10.04 PER TRUST UNIT ($CAD $12.54): Since Q3/2017, the Trust has increased NAV from $7.85 (CAD $9.80) per Trust Unit to $10.04 (CAD $12.54) per Trust Unit for a +10.1% Compounded Annual Growth Rate (“CAGR”); AVERAGE RENT INCREASES ACROSS INVESTMENT PORTOFLIO: For the three months ended March 31, 2022, average rents increased by 5% to $1,255 per unit from the $1,192 per unit reported for the three months ended December 31, 2021; SECOND DISTRIBUTION INCREASE: On February 8, 2022, the Trust announced a 4.2% increase in quarterly distributions from $0.059 per...

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22nd Century Group (Nasdaq: XXII) Begins Integration of GVB Biopharma, Creating a Complete, Robust Hemp/Cannabis Platform

Complete Hemp/Cannabis Solution from Receptor Science and Plant Genetics to Final Ingredients and CDMO Consistent, Reliable, High-Quality Cannabinoids and Cannabinoid Infused Products for Consumers Acquisition Immediately Accretive; Will Double 22nd Century RevenueBUFFALO, N.Y., May 18, 2022 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company dedicated to improving human health with reduced nicotine tobacco, hemp/cannabis, and hops advanced plant technology, today announced that it has begun integration of GVB Biopharma, which it acquired on May 13, 2022. As a contract development and manufacturing organization (CDMO), GVB is a market share leader in hemp-derived active ingredients for the nutraceuticals, pharmaceutical and consumer goods industries. 22nd Century has posted...

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Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Second Quarter 2022 Earnings Release and Conference Call

PHILADELPHIA, May 18, 2022 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on July 20, 2022 to holders of record on July 6, 2022. The quarterly dividend is equivalent to an annual rate of $0.76 per share. Conference Call and Audio Webcast We will release our second quarter earnings after the market close on Monday, July 25, 2022, and will hold our second quarter conference call on Tuesday, July 26, 2022 at 9:00 a.m. Eastern.  The conference call can be accessed by dialing 1-866-374-5140 and providing conference ID: 56699036#.  The conference call can also be accessed via a webcast on our website at www.brandywinerealty.com. About Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is one...

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MIMEDX Investor Presentation Highlights Clear Strategy for Value Creation

Decisive, Positive Actions Taken to Stabilize and Transform MIMEDX Have Established Strong, New Foundation for Growth Company Urges Shareholders to Vote “FOR” Both Highly Qualified Director Nominees – James L. Bierman and Phyllis Gardner, M.D. – on the WHITE Proxy Card MARIETTA, Ga., May 18, 2022 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (NASDAQ: MDXG) (“MIMEDX” or the “Company”), a transformational placental biologics company, today filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2022 Annual Meeting of Shareholders, which is scheduled to be held on June 7, 2022. The presentation, and other important shareholder materials, are available at www.VoteMIMEDX.com.  In the presentation, MIMEDX outlines the significant progress the Company has made over the last three years under its...

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Badger Infrastructure Solutions Ltd. Announces Appointment of Stephanie Cuskley to Board of Directors

CALGARY, Alberta, May 18, 2022 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger” or the “Company”) (TSX:BDGI) announces the appointment of Stephanie Cuskley to Badger’s Board of Directors (the “Board”) following the retirement of Grant Billing. “We wish to thank Grant for his seven years of service as a director of Badger which included serving as Chair of the Nominating & Governance Committee of the Board. Badger has benefitted from the significant contributions Grant made to our Board and he will be missed,” said Glen Roane, Chair of the Board. “Following Grant’s retirement, we are pleased to welcome Stephanie Cuskley to Badger’s Board of Directors as an independent director. Stephanie’s wide range of experiences which have included a focus on US mid-market industrial...

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Bath & Body Works Exceeds First Quarter Sales and Earnings per Share Guidance

COLUMBUS, Ohio, May 18, 2022 (GLOBE NEWSWIRE) — Bath & Body Works, Inc. (NYSE: BBWI) today reported first quarter 2022 results. Sarah Nash, Executive Chair and Interim Chief Executive Officer of Bath & Body Works, commented, “Our business is very strong, our execution is excellent, and our strategy of delivering affordable luxuries to our customers is more relevant than ever. We have built on the past two years of extraordinary growth with strong momentum as we entered fiscal 2022. We are pleased to have delivered better-than-expected sales and earnings results in the quarter.” Nash continued, “With our vertically integrated and approximately 85% domestic supply chain, we are taking advantage of the agility in our inventory decision making to leverage early customer reads and chase our best performers in season. We combine...

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Chart Industries Acquires Cryogenic Service Center AB (CSC)

Chart Industries: European Repair & Service Footprint Source: Chart Industries, Inc.ATLANTA, May 18, 2022 (GLOBE NEWSWIRE) — Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and industrial gas end markets, completed the acquisition of CSC Cryogenic Service Center AB, a Swedish company (“CSC”) for approximately $4 million. CSC brings a strong service footprint in the Nordic Region with many overlapping customers to Chart, allowing us to broaden our service and repair presence geographically. Our strong original equipment (“OE”) installed base and continued OE forecasted growth in the Nordic region will benefit from this localized support. Not only does this expand our geographic footprint, it broadens our repair...

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Hawkins, Inc. Reports Fourth Quarter and Fiscal Year 2022 Results

ROSEVILLE, Minn., May 18, 2022 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, today announced fourth quarter and full-year results for its fiscal year ended April 3, 2022. Fourth Quarter Fiscal Year 2022 Highlights:Record quarterly sales in the fourth quarter of $223.0 million, a 37% year-over-year increase.   Gross profit of $36.3 million for the quarter, a 14% increase over the same period of the prior year, while absorbing $8.2 million in incremental LIFO expense in the quarter. Record fourth quarter diluted earnings per share (EPS) of $0.50, which was 16% higher than the same period of the prior year. Adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA), a non-GAAP measure, of $22.3 million, an 11% increase over the same period of...

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