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Sovos Brands, Inc. Announces Closing of Public Offering

Monday, September 27, 2021 - 9:00pm

LOUISVILLE, Colo., Sept. 27, 2021 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Sovos Brands) (Nasdaq: SOVO) announced today the closing of its initial public offering of 23,334,000 shares of its common stock at a price to the public of $12.00 per share.

Key Points: 
  • LOUISVILLE, Colo., Sept. 27, 2021 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (Sovos Brands) (Nasdaq: SOVO) announced today the closing of its initial public offering of 23,334,000 shares of its common stock at a price to the public of $12.00 per share.
  • Gross proceeds to Sovos Brands were approximately $280.0 million, before underwriting discounts and commissions and estimated offering expenses.
  • Sovos Brands has granted the underwriters a 30-day option to purchase up to an additional 3,500,100 shares of common stock at the initial public offering price, less the underwriting discounts and commissions.
  • SOVOS, SOVOS BRANDS, RAO'S, RAO'S HOMEMADE, NOOSA, BIRCH BENDERS and MICHAEL ANGELO'S are trademarks of Sovos Brands and its subsidiaries.

Octopus Energy Agrees $600m Deal With Generation Investment Management to Accelerate Global Green Energy Mission

Monday, September 27, 2021 - 6:25pm

Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.

Key Points: 
  • Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.
  • Managing over 3b of renewable generation, Octopus is one of the UKs leading electricity generators, creating enough green energy to power about 1.5m homes.
  • Octopuss domestic energy arm already serves 3.1 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.
  • Octopus Energy Generation is Europes largest investor in solar energy, managing a 3.4bn portfolio of renewable energy assets throughout the continent.

New Research Provides Insight into In-Season Value of Plant Response Biologicals in Row Crop & Specialty Markets

Monday, September 27, 2021 - 6:25pm

"The scrutiny of product performance in-season is increasing with biologicals and we are committed to sharing how farmers can observe the difference Plant Response makes.

Key Points: 
  • "The scrutiny of product performance in-season is increasing with biologicals and we are committed to sharing how farmers can observe the difference Plant Response makes.
  • Farmers need tools that can increase uptake across the nutrient panel to drive higher yields and better return on their investment.
  • These discoveries about protecting plants from abiotic stress directly relate to PRB9, a biostimulant in the Plant Response portfolio.
  • The paper has three key takeaways according to Plant Response vice president of research and development Anne Runkel:
    Plants naturally accumulate PRB9's active ingredient.

Huber Engineered Woods Introduces Wall Application for Exacor™ Magnesium-oxide (MgO) Panels

Monday, September 27, 2021 - 3:48pm

The MgO structural panels now available for subfloor, subfloor underlayment and wall applications are engineered with commercial and multifamily builders' needs in mind.

Key Points: 
  • The MgO structural panels now available for subfloor, subfloor underlayment and wall applications are engineered with commercial and multifamily builders' needs in mind.
  • EXACOR wall sheathing panels are cementitious panels primarily made of inorganic materials reinforced with layers of glass fiber mesh.
  • The panels exhibit structural values approaching wood sheathing with fire resistance similar to gypsum panels.
  • 1 EXACOR panels may be used in specific published fire-resistant-rated assemblies as tested in accordance with ASTM E119/ANSI UL 263.

Southern Company publishes corporate responsibility report

Monday, September 27, 2021 - 3:00pm

Since our inception more, Southern Company and its operating companies have prioritized these important topics responsibility, sustainability, commitment to community and transparency in how we operate our business," said Southern Company CEO Tom Fanning.

Key Points: 
  • Since our inception more, Southern Company and its operating companies have prioritized these important topics responsibility, sustainability, commitment to community and transparency in how we operate our business," said Southern Company CEO Tom Fanning.
  • "We have long believed corporate responsibility and corporate strategy are inextricably linked."
  • In 2020, Southern Company continued making progress toward its goal of net zero GHG emissions by 2050.
  • Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries.

Footprint Project, the DER Task Force and Spring Lane Capital Launch the Footprint Resilience Fund to Provide Power Supplies to Communities Most Vulnerable to Climate Change

Monday, September 27, 2021 - 2:30pm

The distributed clean energy community is coming together to launch an industry-wide effort to secure institutional funding for the Footprint Project.

Key Points: 
  • The distributed clean energy community is coming together to launch an industry-wide effort to secure institutional funding for the Footprint Project.
  • The funding will help protect the power supply in underserved communities that are most vulnerable to year-round climate disasters.
  • Bellawatt , a digital product studio focused on the energy industry, will be providing digital support services to the Footprint Resilience Fund.
  • About The DER Task Force:
    The DER Task Force ("DER Task Force" or "DERTF") is a grassroots community dedicated to unlocking the immense promise of distributed energy resources in the electric power system.

Worldwide Adventure Tourism Industry to 2028 - Rise of Social Media Positively Impacting the Travel Industry Presents Opportunities - ResearchAndMarkets.com

Monday, September 27, 2021 - 3:06pm

Adventure tourism is form of travel which involves caving, climbing, cycling, hiking, hunting, rafting, and others.

Key Points: 
  • Adventure tourism is form of travel which involves caving, climbing, cycling, hiking, hunting, rafting, and others.
  • Tourism is a rapidly growing sector, wherein adventure tourism is one of its fastest growing segments.
  • Strategic marketing initiatives taken by players in the industry couple with increase in government initiatives to promote tourism, drives the market growth of the adventure tourism industry.
  • However, risk involved in adventure travelling and unpredictable weather conditions are few major challenges for the adventure tourism industry.

OnSolve® Unveils Latest Innovation at Global Security Exchange 2021

Monday, September 27, 2021 - 2:47pm

ALPHARETTA, Ga., Sept. 27, 2021 /PRNewswire/ -- OnSolve , the leading critical event management provider for enterprises, SMB organizations, and government entities, today unveils its latest innovation during Global Security Exchange (GSX) 2021, including the OnSolve Control Center, a centralized operating hub that allows organizations to automateworkloadand orchestrateworkflowsforcommon and complex threats in real-time, mitigatingtheimpact and reducingrecovery time during a critical event.

Key Points: 
  • ALPHARETTA, Ga., Sept. 27, 2021 /PRNewswire/ -- OnSolve , the leading critical event management provider for enterprises, SMB organizations, and government entities, today unveils its latest innovation during Global Security Exchange (GSX) 2021, including the OnSolve Control Center, a centralized operating hub that allows organizations to automateworkloadand orchestrateworkflowsforcommon and complex threats in real-time, mitigatingtheimpact and reducingrecovery time during a critical event.
  • We look forward to showcasing how the OnSolve Platform for Critical Event Management and our latest innovation enable better outcomes for security leaders."
  • In August, OnSolve won Security Today's 2021 New Product of the Year Award for OnSolve Risk Intelligence, which recognized its AI-powered engine and ability to improve risk and resiliency outcomes in the security industry through innovation and interoperability.
  • OnSolve also won Security Today's 2021 Government Security Award in the Security and Risk Intelligence category.

Hydrogen-breakthrough Company Rite Angle Partners With Ron Harbour To Commercialize Hydrogen Technology

Monday, September 27, 2021 - 2:45pm

Rite Angle offers safety and lower cost in a hydrogen fuel that is 2.5 times denser than previously achieved.

Key Points: 
  • Rite Angle offers safety and lower cost in a hydrogen fuel that is 2.5 times denser than previously achieved.
  • The Rite Angle technology offers safety and lower cost, easier storage and a hydrogen fuel that is 2.5 times denser than previously achieved.
  • In most cases, the Rite Angle solution can reduce fuel use by at least 50% and significantly decrease carbon emissions, producing only water as a byproduct.
  • Through this partnership, Harbour will guide the commercialization and go-to-market strategy for Rite Angle, working closely with company leadership to ensure the successful rollout of the technology to interested markets and companies around the world.

Friendly's Restaurants Introduce New Comfort Classics To Its Menu

Monday, September 27, 2021 - 2:00pm

Fan Favorite Vermonter burger is back on the menu too as well as new spooky themed ice cream sundaes, Witchy Ooh!

Key Points: 
  • Fan Favorite Vermonter burger is back on the menu too as well as new spooky themed ice cream sundaes, Witchy Ooh!
  • "It's our goal that a favorite meal, surrounded by friends and family, can make a normal day feel like a celebration."
  • Friendly's Restaurants Co, LLC is a restaurant company that operates under the iconic brand name "Friendly's Restaurants," serving signature entrees, burgers, sandwiches and hand-crafted, specialty ice cream desserts in 130 friendly, full service restaurants.
  • For the future, Friendly's Restaurants has plans for introducing new and innovative food and ice cream offerings, bright new restaurants, and unique ways to reach and satisfy guests.