Matterport Acquires VHT Studios to Accelerate Adoption of Digital Twins for Real Estate

Written by Customer Service on July 7, 2022. Posted in Mergers And Acquisitions.

The combined company expands Matterport Capture Services by bringing together the industry-best of Matterport digital twins and floor plans with professional photography, drone capture, and marketing services SUNNYVALE, Calif., July 07, 2022 (GLOBE NEWSWIRE) — Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading enterprise and real estate digital twin company driving the digital transformation of the built world, today announced the acquisition of VHT, Inc., known as VHT Studios, a U.S.-based real estate marketing company that offers brokerages and agents digital solutions to promote and sell properties. This transaction brings together VHT Studios’ visual media services with the immersive Matterport 3D Digital Twin platform to elevate the buying experience for home buyers while simplifying the process of creating comprehensive...

Starlight Capital Completes Acquisition of Stone Investment Group Increasing its Assets Under Management to Over $1 Billion

Written by Customer Service on July 7, 2022. Posted in Mergers And Acquisitions.

TORONTO, July 07, 2022 (GLOBE NEWSWIRE) — Starlight Investments Capital LP (“Starlight Capital”) and Stone Investment Group Limited (“Stone”) are pleased to announce the completion of the previously announced plan of arrangement (the “Arrangement”) whereby Starlight Capital, through a wholly owned subsidiary, acquired all of the issued and outstanding common shares of Stone (“Stone Shares”). As part of the Arrangement, the successor corporation to Stone has changed its name to Starlight Capital Corporation and all of the $1,000 principal amount secured debentures (the “Debentures”) previously issued by Stone were acquired or redeemed. The Arrangement was implemented pursuant to Section 192 of the Canada Business Corporations Act. “We are pleased to welcome the Stone employees to Starlight Capital, and we look forward to working...

Kaiser Aluminum Declares Force Majeure at its Warrick Rolling Mill Due to Limited Availability of Magnesium

Written by Customer Service on July 7, 2022. Posted in Public Companies.

FRANKLIN, Tenn., July 07, 2022 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) announced today that it declared force majeure at its Warrick Rolling Mill (“Kaiser Warrick”) due to the limited availability of magnesium utilized in the production of certain of its aluminum beverage and food packaging products, reducing its ability to produce those products at this time. As the Company has previously disclosed, US Magnesium, LLC, (“US Mag”), Kaiser Warrick’s largest supplier of magnesium, declared force majeure on September 29, 2021. Although US Mag had continued to supply approximately 50% of its contractual commitment to Kaiser Warrick, deliveries have recently stopped. Kaiser Warrick has been unable to immediately source additional magnesium from alternative sources and has begun adjusting production levels based on...

Trisura Group Ltd. Announces $135 Million Bought Deal Public Offering of Common Shares to Support Continued Organic Growth

Written by Customer Service on July 7, 2022. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States. Consistent execution of growth strategies in Canada and U.S. generating strong organic growth Growth exceeded plan in Q2 with U.S. gross premiums written expected to be $425M – $450M (>90% growth from Q2 2021) TORONTO, July 07, 2022 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura”, or the “Company”) (TSX:TSU), a leading specialty insurance company, announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Cormark Securities Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to buy, on bought deal public offering basis, 4,070,000 common shares (the “Common Shares”) of the Company, at a price of $33.25 per Common Share (the “Offering Price”)...

Vishay Precision Group Announces Date for Its Second Quarter Fiscal 2022 Earnings Conference Call

Written by Customer Service on July 7, 2022. Posted in Public Companies.

MALVERN, Pa., July 07, 2022 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, will release financial results for its second quarter of fiscal 2022 after the close of the market on Monday, August 8, 2022. Ziv Shoshani, chief executive officer, and Bill Clancy, chief financial officer, will host a conference call the following day on Tuesday, August 9, 2022 at 9:00 a.m. ET (8:00 a.m. CT). To access the conference call, interested parties may call 1-844-200-6205 or internationally +1-929-526-1599 and use passcode 289177, or by visiting the “Events” page of investor relations section of the VPG website at http://ir.vpgsensors.com. A replay will be available approximately one hour after the completion of the call by calling toll-free 1-866-813-9403 or internationally +1-929-458-6194...

BigCommerce to Announce Second Quarter 2022 Financial Results on August 4, 2022

Written by Customer Service on July 7, 2022. Posted in Public Companies.

Conference Call Scheduled for August 4, 2022 at 5:00 p.m. ET AUSTIN, Texas, July 07, 2022 (GLOBE NEWSWIRE) — BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced it will report its financial results for the second quarter ended June 30, 2022 after market close on Thursday, August 4, 2022. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. CT (5:00 p.m. ET) on Thursday, August 4, 2022. The conference call can be accessed by dialing (833) 634-1254 from the United States and Canada or (412) 317-6012 internationally and requesting to join the “BigCommerce conference call.” The live webcast of the conference call can be accessed from BigCommerce’s investor...

Star Group, L.P. Announces New Credit Facility

Written by Customer Service on July 7, 2022. Posted in Public Companies.

STAMFORD, Conn., July 07, 2022 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced that it has entered into a sixth amended and restated asset-based credit facility (the “Credit Facility”), which expires in July 2027 and provides the borrower under the Credit Facility (a subsidiary of the Company) with an ability to borrow up to $400 million ($550 million during the heating season from December through April each year) on a revolving line of credit for working capital purposes, including the issuance of up to $25 million in letters of credit. The Credit Facility also provides for a $165 million five year senior secured term loan; proceeds from the term loan will be used to repay existing outstanding debt. The...

Yamana Gold Announces Strong Preliminary Second Quarter Operating Results With Exceptional Performance Across Its Core Asset Portfolio Delivering Production Ahead of Plan; Strategic Initiatives at Jacobina and Wasamac Continue to Advance

Written by Customer Service on July 7, 2022. Posted in Public Companies.

Figure 1 Optimized Strategic Production Profile TORONTO, July 07, 2022 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) today announces strong preliminary second quarter operating results, with total gold equivalent ounce (“GEO”)(1) production of 260,960 GEO(1). Gold production during the quarter was 232,542 ounces with silver production of 2.36 million ounces. Canadian Malartic, Jacobina, El Peñón and Cerro Moro all delivered standout quarters. All-in sustaining costs (“AISC”)(2) for the quarter are expected to be less than US$1,090/oz. The Company generated strong cash flows during the quarter, which strengthened its cash balance and financial flexibility. Cash and cash equivalents increased by more than $30 million to a total quarter-end cash balance of over $328 million...

Emergent BioSolutions and Ridgeback Biotherapeutics Enter Into Agreement for Ebanga™ Treatment for Ebola

Written by Customer Service on July 7, 2022. Posted in Public Companies.

GAITHERSBURG, Md. and MIAMI, July 07, 2022 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) announced today that it has entered into an agreement with Ridgeback Biotherapeutics (“Ridgeback Bio”), a biotechnology company focused on emerging infectious diseases, intended to create a collaboration to expand the availability of Ebanga™ (Ansuvimab-zykl). Under the terms of the contemplated collaboration, Emergent will be responsible for the manufacturing, sale, and distribution of Ebanga™ in the United States and Canada, and Ridgeback Bio will serve as the global access partner for Ebanga™, ensuring it remains available to patients in endemic countries free of charge through Ridgeback Bio’s compassionate use program. Ebanga™ was approved by the U.S. Food and Drug Administration (FDA) in December 2020 for the treatment of Ebola. Ebanga™...

Innospec Schedules Second Quarter 2022 Earnings Release and Conference Call

Written by Customer Service on July 7, 2022. Posted in Public Companies.

ENGLEWOOD, Colo., July 07, 2022 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced that it will release second quarter 2022 earnings results on Tuesday, August 2, 2022 after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on Wednesday, August 3, 2022, at 10:00 a.m. ET. The public is invited to listen to the conference call by registering in advance using the below Online Registration Link. Upon registering, each participant will receive an email confirmation with dial-in numbers and a unique Personal PIN which can be used to join the conference 5-10 minutes prior to the start time. Online Registration Link: https://register.vevent.com/register/BI34153cd4c8644724afb8de6a5f654bc9 An...

Day: July 7, 2022

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