Plymouth

Plymouth Rock Technologies Announces Grant of Options

Friday, January 22, 2021 - 2:26am

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties.

Key Points: 
  • Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties.
  • Such forward looking information reflects management's current beliefs and is based on information currently available to management.
  • The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72608

Plymouth Rock Technologies Appoints Gianluca De Novi to Advisory Board

Thursday, January 14, 2021 - 2:00pm

Plymouth, Massachusetts--(Newsfile Corp. - January 14, 2021) - Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF) (FSE: 4XA) (WKN: A2N8RH) ("Plymouth Rock", "PRT", or the "Company") a leader in the development of cutting-edge threat detection technologies, announced today that Gianluca De Novi has been appointed to PRT's Board of Advisors.

Key Points: 
  • Plymouth, Massachusetts--(Newsfile Corp. - January 14, 2021) - Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF) (FSE: 4XA) (WKN: A2N8RH) ("Plymouth Rock", "PRT", or the "Company") a leader in the development of cutting-edge threat detection technologies, announced today that Gianluca De Novi has been appointed to PRT's Board of Advisors.
  • Gianluca De Novi, Ph.D., a native of Bernalda, Basilicata (Italy), brings a strong background in engineering and science to this role.
  • About Plymouth Rock Technologies Inc.
    We are on a mission to bring engineering-driven answers to the most critical problems that threaten our safety.
  • Plymouth Rock products, both airborne and land-based, will scan for threat items at greater 'stand-off' distances than current existing technologies.

Plymouth Rock Technologies Announces Private Placement

Wednesday, January 13, 2021 - 11:51pm

Plymouth, Massachusetts--(Newsfile Corp. - January 13, 2021) - Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF) (FSE: 4XA)(WKN# A2N8RH) ("Plymouth Rock", "PRT", or the "Company") a leader in the development of cutting-edge threat detection technologies, announced it has arranged a non-brokered private placement financing of up to 2,500,000 units (the "Units") of securities at a price of $0.20 CAD per Unit for aggregate gross proceeds of up to $500,000 CAD (the "Offering").

Key Points: 
  • Plymouth, Massachusetts--(Newsfile Corp. - January 13, 2021) - Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF) (FSE: 4XA)(WKN# A2N8RH) ("Plymouth Rock", "PRT", or the "Company") a leader in the development of cutting-edge threat detection technologies, announced it has arranged a non-brokered private placement financing of up to 2,500,000 units (the "Units") of securities at a price of $0.20 CAD per Unit for aggregate gross proceeds of up to $500,000 CAD (the "Offering").
  • The net proceeds of the private placement will be used for the commercialization of PRT's technologies, and for working capital.
  • About Plymouth Rock Technologies Inc.
    We are on a mission to bring engineering-driven answers to the most critical problems that threaten our safety.
  • Plymouth Rock products, both airborne and land-based, will scan for threat items at greater 'stand-off' distances than current existing technologies.

SIMBA Chain Receives a $1.5 Million SBIR Phase II Contract From the U.S. Office of Naval Research

Wednesday, January 13, 2021 - 1:00pm

SIMBA Chain's new contract, the ALAMEDA Projectshort for Authenticity Ledger for Auditable Military Enclaved Data Access, commenced Jan.6, 2021.

Key Points: 
  • SIMBA Chain's new contract, the ALAMEDA Projectshort for Authenticity Ledger for Auditable Military Enclaved Data Access, commenced Jan.6, 2021.
  • During this time, SIMBA Chain will further build out the prototype developed in Phase I, working in tandem with the Naval Enterprise Sustainment Technology Team (NESTT) on a use case centered on the Boeing F/A-18 Hornet supply chain.
  • SIMBA Chain CEO Joel Neidig, who will serve as principal investigators on the project, says the Phase II award further demonstrates the power of the collaboration with the U.S. Navy.
  • The SIMBA Chain platform supports Ethereum, Quorum, Binance Smart Chain, RSK, Stellar, Hyperledger, and other blockchain protocols.

Plymouth Industrial REIT Adds REIT Veteran John Guinee to Board of Directors

Monday, January 11, 2021 - 12:00pm

Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it has appointed John W. Guinee III to the Board of Directors.

Key Points: 
  • Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it has appointed John W. Guinee III to the Board of Directors.
  • Mr. Guinee currently serves on the Artemis Real Estate Partners Advisory Board, as well as the board of Irvine Nature Center.
  • John has extensive experience in the REIT industry and is passionate about the industrial sector and the opportunities we have ahead of us.
  • John Guinee added, I could not be more excited to help Jeff and a very high-quality team at Plymouth Industrial REIT create more shareholder value.

TruStone Financial Credit Union and Firefly Credit Union Merger Approved

Tuesday, December 29, 2020 - 4:20pm

PLYMOUTH, Minn., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Members of Firefly Credit Union have cast their votes in approval of a merger with TruStone Financial Credit Union.

Key Points: 
  • PLYMOUTH, Minn., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Members of Firefly Credit Union have cast their votes in approval of a merger with TruStone Financial Credit Union.
  • TruStone Financial Credit Union is now the second-largest financial cooperative in Minnesota, and among the top 100 in the nation.
  • The merger is one of the largest of its kind in the credit union industry, and was recently hailed by GonzoBanker.com as 2020s Credit Union Merger of the Year.
  • TruStone Financial is a full-service credit union that has worked to improve the financial well-being of its neighbors for more than 80 years.

Perceptron Completes Merger with Atlas Copco

Monday, December 21, 2020 - 2:11pm

As a result of the merger, Perceptron has become a wholly owned subsidiary of Atlas Copco.

Key Points: 
  • As a result of the merger, Perceptron has become a wholly owned subsidiary of Atlas Copco.
  • Under the terms of the merger agreement, Perceptron shareholders receive $7.00 per share in cash for each share of common stock held.
  • We are pleased to have completed the merger with Atlas Copco, maximizing value for our shareholders, providing our customers with access to a broader array of technology and products, and offering our employees exciting new growth opportunities, stated Jay Freeland, Chairman, and Interim CEO of Perceptron.
  • XMS Capital Partners, LLC acted as financial advisor and Dykema Gossett PLLC acted as legal counsel to Perceptron on this transaction.

Plymouth Industrial REIT and Madison International Realty Joint Venture Closes on Industrial Portfolio in Metropolitan Memphis for $86 Million

Friday, December 18, 2020 - 12:00pm

Plymouth MIR JV LLC, a joint venture between affiliates of Plymouth Industrial REIT, Inc. (NYSE: PLYM) and Madison International Realty (Madison) closed on the previously announced purchase of a portfolio of infill industrial buildings in metropolitan Memphis for $86 million.

Key Points: 
  • Plymouth MIR JV LLC, a joint venture between affiliates of Plymouth Industrial REIT, Inc. (NYSE: PLYM) and Madison International Realty (Madison) closed on the previously announced purchase of a portfolio of infill industrial buildings in metropolitan Memphis for $86 million.
  • The portfolio is comprised of 28 industrial buildings located in Memphis and Olive Branch, Mississippi totaling 2.3 million square feet.
  • Kyle Torpey, Director of Madison International Realtys US investments team, added, This portfolio is a prime example of the types of investments we are pursuing in this joint venture with Plymouth.
  • Madison has offices in New York, London, Luxembourg, Amsterdam and Frankfurt, where the firm operates under the name of Madison International Realty GmbH.

JTEC Automotive Completes its High Performance 1969 Pontiac Firebird Build to be Featured at MaxMotive Alongside the 1970 Road Runner and Cuda from the Furious 7 Movie of the Fast and Furious Franchise

Thursday, December 17, 2020 - 2:00pm

JTECs 1969 Pontiac Firebird will be marketed and sold by MaxMotive, out of Boca Raton, Florida (www.maxmotive.com).

Key Points: 
  • JTECs 1969 Pontiac Firebird will be marketed and sold by MaxMotive, out of Boca Raton, Florida (www.maxmotive.com).
  • The car will be featured with two very iconic cars (1970 Road Runner and Cuda) from the infamous movie franchise: Fast and Furious.
  • The new, but ongoing, partnership with MaxMotive provides JTEC with another reputable outlet to sell its custom vehicle builds.
  • Our High Performance 69 Pontiac Firebird will be available for sale after January 1st, and it will be featured next to some pretty famous cars, the 1970 Plymouth RoadRunner and Cuda from the Furious 7 movie of the Fast and Furious franchise.

Perceptron Shareholders Approve Merger Agreement with Atlas Copco

Tuesday, December 8, 2020 - 9:30pm

PLYMOUTH, Mich., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced that at its annual meeting of shareholders held today, Perceptron shareholders approved the previously announced Agreement and Plan of Merger with Atlas Copco, a world-leading provider of sustainable productivity solutions headquartered in Stockholm, Sweden.

Key Points: 
  • PLYMOUTH, Mich., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced that at its annual meeting of shareholders held today, Perceptron shareholders approved the previously announced Agreement and Plan of Merger with Atlas Copco, a world-leading provider of sustainable productivity solutions headquartered in Stockholm, Sweden.
  • Under the terms of the merger agreement, Perceptron shareholders will receive $7.00 per share in cash for each share of common stock held.
  • Following the closing, Perceptrons common stock will no longer be publicly traded and will be delisted from Nasdaq Global Market.
  • The Company cannot provide any assurance that the proposed merger will be completed, nor can it give assurances as to the terms on which such proposed merger will be consummated.