Equity securities

DraftKings Announces Voluntary Delisting of Warrants

Saturday, July 11, 2020 - 12:02am

DraftKings issued public and private placement warrants under the Warrant Agreement that were previously listed on Nasdaq under the ticker symbol DKNGW.

Key Points: 
  • DraftKings issued public and private placement warrants under the Warrant Agreement that were previously listed on Nasdaq under the ticker symbol DKNGW.
  • In light of the small number of holders of the private placement warrants and their limited trading volume following the redemption of the public warrants, and the costs of maintaining the listing, DraftKings has determined voluntarily to delist the private placement warrants.
  • DraftKings has not made arrangements for the listing and/or registration of the private placement warrants on another national securities exchange or quotation medium.
  • The continued listing of DraftKings Class A common stock (including such shares underlying the private placement warrants), which trades on Nasdaq under the ticker symbol DKNG, is not affected by the delisting of the warrants.

Avricore Health Completes Shares for Debt Transaction

Friday, July 10, 2020 - 9:39pm

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- AVRICORE HEALTH INC. (TSXV: AVCR) (the Companyor AVCR) is pleased to announce that it has settled and extinguished$136,949 of the Companys outstanding debt through the issuance of 5,477,965 common shares (Shares) of the Company at a deemed price of $0.025 per Share.

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- AVRICORE HEALTH INC. (TSXV: AVCR) (the Companyor AVCR) is pleased to announce that it has settled and extinguished$136,949 of the Companys outstanding debt through the issuance of 5,477,965 common shares (Shares) of the Company at a deemed price of $0.025 per Share.
  • An aggregate of 1,900,000 Shares were issued to certain directors and officers of the Company (the Related Parties).
  • The shares for debt transactions involving the Related Parties constitute a related party transaction under Multilateral Instrument 61-101 -Protection of Minority Securityholders in Special Transactions(MI 61-101).
  • The participation by the Related Parties in the shares for debt transactions has been approved by directors of the Company who are independent in connection with such transactions.

Shaw Declares Dividend Payable on Preferred Shares

Friday, July 10, 2020 - 9:36pm

CALGARY, Alberta, July 10, 2020 (GLOBE NEWSWIRE) -- Shaw Communications Inc. (Shaw) announced today that its Board of Directors has declared dividends for the three-month period ended September 30, 2020 of $0.17444 per Cumulative Redeemable Rate Reset Class 2 Preferred Share, Series A (Series A Shares) and $0.14094 per Cumulative Redeemable Floating Rate Class 2 Preferred Share, Series B (Series B Shares), payable on September 30, 2020 to holders of record at the close of business on September 15, 2020.

Key Points: 
  • CALGARY, Alberta, July 10, 2020 (GLOBE NEWSWIRE) -- Shaw Communications Inc. (Shaw) announced today that its Board of Directors has declared dividends for the three-month period ended September 30, 2020 of $0.17444 per Cumulative Redeemable Rate Reset Class 2 Preferred Share, Series A (Series A Shares) and $0.14094 per Cumulative Redeemable Floating Rate Class 2 Preferred Share, Series B (Series B Shares), payable on September 30, 2020 to holders of record at the close of business on September 15, 2020.
  • The Series A Shares and Series B Shares are listed on the Toronto Stock Exchange under the respective ticker symbols SJR.PR.A and SJR.PR.B.
  • The foregoing dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.
  • Shareholders will not be entitled to receive this dividend unless they are holders of record on the record date.

FMO Announces Reverse Share Split

Friday, July 10, 2020 - 9:15pm

Upon the effectiveness of the reverse share split, every five outstanding common shares of FMO will automatically be converted into one common share.

Key Points: 
  • Upon the effectiveness of the reverse share split, every five outstanding common shares of FMO will automatically be converted into one common share.
  • A reverse share split will not alter the rights or total value of a shareholders investment in the Fund, nor will it be a taxable event for Fund investors.
  • No fractional shares will be issued as a result of the reverse share split.
  • Shareholders who would otherwise have received fractional shares in the reverse share split will be paid an amount based on the amount of fractional shares held.

American Equity Schedules Second Quarter 2020 Earnings Release, Conference Call and Webcast

Friday, July 10, 2020 - 9:15pm

American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release second quarter 2020 earnings after the close of market on Wednesday, August 5, 2020.

Key Points: 
  • American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release second quarter 2020 earnings after the close of market on Wednesday, August 5, 2020.
  • The second quarter earnings release and financial supplement will be posted on the American Equity website at www.american-equity.com at that time.
  • AEL will hold a conference call to discuss second quarter earnings on Thursday, August 6, at 10:00 a.m. CT.
  • American Equity Investment Life Holding Company, a New York Stock Exchange listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa.

Board of Directors of Westell Technologies, Inc. Approves Plan to Terminate Registration of Class A Common Stock

Friday, July 10, 2020 - 9:01pm

The transaction includes a proposed 1-for-1,000 reverse stock split of the Class A Common Stock and Class B Common Stock, in which holders of less than 1,000 shares of the Companys common stock would be cashed out at a price of $1.48 per share for their fractional shares.

Key Points: 
  • The transaction includes a proposed 1-for-1,000 reverse stock split of the Class A Common Stock and Class B Common Stock, in which holders of less than 1,000 shares of the Companys common stock would be cashed out at a price of $1.48 per share for their fractional shares.
  • Stockholders owning 1,000 or more shares of the Companys Class A Common Stock or Class B Common Stock prior to the reverse stock split would remain stockholders in the Company.
  • The directors and executive officers have indicated that they intend to vote all of the shares of our common stock held by them (592,222 shares of Class A Common Stock and all shares of Class B Common Stock) FOR the transaction.
  • Promptly after the Annual Meeting, the Company expects to terminate the registration of its Class A Common Stock with the SEC and delist the Class A Common Stock from the NASDAQ Capital Market.

Cabot Corporation Board Declares Dividend

Friday, July 10, 2020 - 9:00pm

On Friday, July 10, 2020, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporations common stock.

Key Points: 
  • On Friday, July 10, 2020, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporations common stock.
  • The dividend is payable on September 11, 2020, to stockholders of record at the close of business on August 28, 2020.
  • Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts.
  • For more information on Cabot, please visit the companys website at: http://www.cabotcorp.com .

VivoPower International PLC Announces Reconstitution of Aevitas Group Securities

Friday, July 10, 2020 - 2:30pm

LONDON, July 10, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the Company) announces that its Australian subsidiary, Aevitas Group Limited (Aevitas) today held an extraordinary general meeting of its ordinary shareholders as well as its exchangeable preference shareholders and exchangeable noteholders.

Key Points: 
  • LONDON, July 10, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the Company) announces that its Australian subsidiary, Aevitas Group Limited (Aevitas) today held an extraordinary general meeting of its ordinary shareholders as well as its exchangeable preference shareholders and exchangeable noteholders.
  • The meeting was held to allow the exchangeable preference shareholders and exchangeable noteholders the opportunity to vote on a proposed change to these securities.
  • The key elements of the proposed change are as follows:
    The Aevitas exchangeable preference shares and exchangeable notes will be reconstituted as an Aevitas preference share.
  • The changes are facilitative in that they enable holders to agree with Aevitas to reconstitute their securities as preference shares.

Voyager Digital (Canada) Ltd. Announces Acceleration of Warrant Expiry Date

Friday, July 10, 2020 - 4:04pm

The Company confirms that as of the close of markets on July 8, 2019, the Acceleration Trigger had occurred.

Key Points: 
  • The Company confirms that as of the close of markets on July 8, 2019, the Acceleration Trigger had occurred.
  • In accordance with the terms of the certificates evidencing the Warrants, this news release constitutes notice to the Warrant holders of the Acceleration Trigger.
  • Accordingly, the Company confirms that the Warrants are now set to expire at 5:00 p.m. (Toronto time) on August 9, 2019, being the 30th day following the date of this notice (the "Accelerated Expiry Date").
  • About Voyager Digital (Canada) Ltd.
    Voyager is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets.

Knight Announces Normal Course Issuer Bid

Friday, July 10, 2020 - 12:30pm

MONTREAL, July 10, 2020 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX:GUD) (Knight or the Company ), a leading pan-American (ex-US) specialty pharmaceutical company, announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Company's Notice of Intention to Make a Normal Course Issuer Bid ("NCIB").

Key Points: 
  • MONTREAL, July 10, 2020 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX:GUD) (Knight or the Company ), a leading pan-American (ex-US) specialty pharmaceutical company, announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Company's Notice of Intention to Make a Normal Course Issuer Bid ("NCIB").
  • Purchases may commence on July 14, 2020 and will conclude on the earlier of the date on which purchases under the bid have been completed and July 13, 2021.
  • Knight also entered into an automatic share purchase plan with a broker in order to facilitate purchases of its common shares under the NCIB.
  • The price that Knight will pay for Common Shares in open market transactions will be the market price at the time of purchase.