Equity securities

Advantagewon Announces Proposed Acquisition of Vivo Cubes

Friday, May 14, 2021 - 12:50am

As consideration for the Assets, Advantagewon will issue a certain number of common shares ("Common Shares") to Greenfield, with the exact number of Common Shares to be settled upon following the completion of mutual due diligence.\nVivo Cubes ("Cubes") are a 100% mobile modular cube that use solar power to charge a variety of electric vehicles.

Key Points: 
  • As consideration for the Assets, Advantagewon will issue a certain number of common shares ("Common Shares") to Greenfield, with the exact number of Common Shares to be settled upon following the completion of mutual due diligence.\nVivo Cubes ("Cubes") are a 100% mobile modular cube that use solar power to charge a variety of electric vehicles.
  • Each Unit will consist of one Common Share and one Common Share purchase warrant (a "Warrant").
  • In fact, the Corporation issued only 8,390,000 Common Shares, and did so at a deemed price of $0.135 per share.
  • Advantagewon is a member of the CSE Composite Index (CSE: AOC).

Fluor Announces Pricing of Upsized Convertible Preferred Stock Offering

Friday, May 14, 2021 - 12:04am

b'Fluor Corporation (NYSE: FLR) (the \xe2\x80\x9cCompany\xe2\x80\x9d or \xe2\x80\x9cFluor\xe2\x80\x9d) announced today that it has priced its previously announced private placement of 525,000 shares of a newly created series of convertible preferred stock, to be designated as Series A 6.50% Cumulative Perpetual Convertible Preferred Stock (the \xe2\x80\x9cPreferred Stock\xe2\x80\x9d).

Key Points: 
  • b'Fluor Corporation (NYSE: FLR) (the \xe2\x80\x9cCompany\xe2\x80\x9d or \xe2\x80\x9cFluor\xe2\x80\x9d) announced today that it has priced its previously announced private placement of 525,000 shares of a newly created series of convertible preferred stock, to be designated as Series A 6.50% Cumulative Perpetual Convertible Preferred Stock (the \xe2\x80\x9cPreferred Stock\xe2\x80\x9d).
  • The Company has also increased the size of the offering to 525,000 shares from the previously announced 450,000 shares and has granted the initial purchasers of the Preferred Stock a 30-day option to purchase up to an additional 75,000 in shares of Preferred Stock.
  • The Company intends to use the net proceeds from this offering to redeem or repay outstanding indebtedness and for general corporate purposes.
  • The offering is expected to close on May 18, 2021, subject to customary closing conditions.\nThe Preferred Stock does not have a maturity date.

Aritzia Announces $91 Million Secondary Offering of Subordinate Voting Shares

Thursday, May 13, 2021 - 9:21pm

Proceeds from the Offering will be paid to the Selling Shareholders and the Company will not receive any proceeds from the Offering.

Key Points: 
  • Proceeds from the Offering will be paid to the Selling Shareholders and the Company will not receive any proceeds from the Offering.
  • The subordinate voting shares represent approximately 0.9% of the outstanding subordinate voting shares and the multiple voting shares represent approximately 100.0% of the outstanding multiple voting shares, in each case, on a non-diluted basis.
  • In addition, Mr. Hill holds 220,913 options to acquire subordinate voting shares (each an \xe2\x80\x9cOption\xe2\x80\x9d).\nFollowing closing of the Offering (assuming no exercise of the over-allotment option), the Hill Entities will hold no subordinate voting shares and 21,937,349 multiple voting shares representing an equity interest of approximately 19.9%, and a voting interest of approximately 71.3%, in each case, on a non-diluted basis.
  • The multiple voting shares will represent approximately 100.0% of the outstanding multiple voting shares.

Colliers Declares Semi-Annual Dividend on Common Shares

Thursday, May 13, 2021 - 9:01pm

b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) ("Colliers") announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of Colliers of US$0.05 per Common Share.

Key Points: 
  • b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) ("Colliers") announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of Colliers of US$0.05 per Common Share.
  • This dividend is in accordance with the dividend policy of Colliers.
  • The dividend is payable on July 14, 2021 to holders of Common Shares of record at the close of business on June 30, 2021.
  • The dividend is an "eligible dividend" for Canadian income tax purposes.\nColliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates DSSI, LMNX, EQT, COHR; Shareholders are Encouraged to Contact the Firm

Thursday, May 13, 2021 - 7:48pm

Under the merger agreement, Diamond S shareholders will receive 0.55375 shares of International Seaways common stock for each share of Diamond S common stock held.

Key Points: 
  • Under the merger agreement, Diamond S shareholders will receive 0.55375 shares of International Seaways common stock for each share of Diamond S common stock held.
  • EQT is expected to issue approximately 105 million shares of EQT common stock in connection with the merger.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com .\nHalper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.\nAttorney Advertising.

Eagle Point Credit Company Inc. Announces 25% Increase in Common Stock Distributions for Third Quarter 2021

Thursday, May 13, 2021 - 9:15pm

b'The distributions on the Series B Term Preferred Stock reflect an annual distribution rate of 7.75% of the $25 liquidation preference per share of the Series B Term Preferred Stock.\nThe Company is a non-diversified, closed-end management investment company.

Key Points: 
  • b'The distributions on the Series B Term Preferred Stock reflect an annual distribution rate of 7.75% of the $25 liquidation preference per share of the Series B Term Preferred Stock.\nThe Company is a non-diversified, closed-end management investment company.
  • The Company is externally managed and advised by Eagle Point Credit Management LLC.\nThe Company makes certain unaudited portfolio information available each month on its website in addition to making certain other unaudited financial information available on its website ( www.eaglepointcreditcompany.com ).
  • The Company undertakes no duty to update any forward-looking statement made herein.
  • All forward-looking statements speak only as of the date of this press release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005940/en/\n'

Pinnacle Bankshares Corporation Announces Cash Dividend and Elects Directors

Thursday, May 13, 2021 - 7:00pm

b"ALTAVISTA, Va., May 13, 2021 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (\xe2\x80\x9cPinnacle\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTCQX: PPBN), the one-bank holding company for First National Bank (the \xe2\x80\x9cBank\xe2\x80\x9d), announced today that its Board of Directors declared a cash dividend of $0.14 per share on May 11, 2021, payable June 4, 2021, to shareholders of record as of May 21, 2021.\nThe $0.14 per share cash dividend is equal to the dividend paid last quarter and marks the thirty-fifth consecutive quarter a dividend has been declared.

Key Points: 
  • b"ALTAVISTA, Va., May 13, 2021 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (\xe2\x80\x9cPinnacle\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTCQX: PPBN), the one-bank holding company for First National Bank (the \xe2\x80\x9cBank\xe2\x80\x9d), announced today that its Board of Directors declared a cash dividend of $0.14 per share on May 11, 2021, payable June 4, 2021, to shareholders of record as of May 21, 2021.\nThe $0.14 per share cash dividend is equal to the dividend paid last quarter and marks the thirty-fifth consecutive quarter a dividend has been declared.
  • were elected as Class III directors to serve until the 2024 Annual Meeting of Shareholders.\nPinnacle Bankshares Corporation is a locally managed community banking organization based in Central Virginia.
  • The Company has a total of eighteen branches with two located in the Town of Altavista in Campbell County, where the Bank was founded.
  • Any statements contained herein that are not historical facts are forward-looking and are based on current assumptions and analysis by the Company.

Onex Second-Quarter Dividend Declared

Thursday, May 13, 2021 - 5:15pm

b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX:\xc2\xa0ONEX) today declared a second-quarter dividend of C$0.10 per Subordinate Voting Share payable on July 30, 2021 to shareholders of record on July 9, 2021.\n'

Key Points: 

b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Onex Corporation (TSX:\xc2\xa0ONEX) today declared a second-quarter dividend of C$0.10 per Subordinate Voting Share payable on July 30, 2021 to shareholders of record on July 9, 2021.\n'

CTS Corporation Board of Directors Authorizes New Share Repurchase Program and Declares a Dividend

Thursday, May 13, 2021 - 4:38pm

b'LISLE, Ill., May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) approved a new share repurchase program that authorizes the company to repurchase up to $50 million of its common stock, replacing the program authorized by the Board of Directors in February 2019.\nIn addition, the Board of Directors declared a cash dividend of $0.04 per share, payable July 23, 2021, to shareholders of record at the close of business on June 18, 2021.\nCTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move.

Key Points: 
  • b'LISLE, Ill., May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) approved a new share repurchase program that authorizes the company to repurchase up to $50 million of its common stock, replacing the program authorized by the Board of Directors in February 2019.\nIn addition, the Board of Directors declared a cash dividend of $0.04 per share, payable July 23, 2021, to shareholders of record at the close of business on June 18, 2021.\nCTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move.
  • The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical, telecommunications/IT, and transportation markets.\n'

Warner Music Group Corp. Announces Quarterly Cash Dividend

Thursday, May 13, 2021 - 1:15pm

b"NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (\xe2\x80\x9cWarner Music Group\xe2\x80\x9d or \xe2\x80\x9cWMG\xe2\x80\x9d) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on WMG\xe2\x80\x99s Class A Common Stock and Class B Common Stock, representing an aggregate quarterly dividend of approximately $61.7 million (based on the issued and outstanding shares of Class A Common Stock and Class B Common Stock).

Key Points: 
  • b"NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (\xe2\x80\x9cWarner Music Group\xe2\x80\x9d or \xe2\x80\x9cWMG\xe2\x80\x9d) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on WMG\xe2\x80\x99s Class A Common Stock and Class B Common Stock, representing an aggregate quarterly dividend of approximately $61.7 million (based on the issued and outstanding shares of Class A Common Stock and Class B Common Stock).
  • More information about Warner Music Group and other risks related to Warner Music Group are detailed in Warner Music Group\xe2\x80\x99s most recent annual report on Form 10-K and its quarterly reports on Form 10-Q and current reports on Form 8-K as filed with the Securities and Exchange Commission.
  • Warner Music Group does not undertake an obligation to update forward-looking statements.\nWarner Music Group maintains an Internet site at www.wmg.com.
  • Financial and other material information regarding Warner Music Group is routinely posted on and accessible at http://investors.wmg.com.