Tecnoglass Provides Business Update and Increases Full Year 2021 Growth Outlook

Retrieved on: 
Thursday, December 9, 2021

BARRANQUILLA, Colombia, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today updated the financial outlook it disclosed on November 8, 2021 for full year 2021. Year to date through November 2021, Adjusted EBITDA has increased over 50% to approximately $140 million on total revenues of approximately $456 million. The Company remains on pace to deliver another year of record cash flow with cash flow from operations at approximately $100 million year to date through November 2021. Based on the financial performance through November 2021, the Company is increasing its full year outlook, with its expectation for revenue to be in the range of $490 million to $495 million and Adjusted EBITDA in the range of $147 million to $150 million.

Key Points: 
  • Year to date through November 2021, Adjusted EBITDA has increased over 50% to approximately $140 million on total revenues of approximately $456 million.
  • Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America.
  • These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass filings with the Securities and Exchange Commission.
  • Further, investors should keep in mind that Tecnoglass financial results in any particular period may not be indicative of future results.

FLOW CAPITAL PORTFOLIO COMPANY MINILUXE COMPLETES TSX VENTURE LISTING

Retrieved on: 
Thursday, December 9, 2021

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.

Key Points: 
  • In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions.
  • In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies.
  • The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Progressive Care Inc. Announces Results of Special Meeting

Retrieved on: 
Thursday, December 9, 2021

MIAMI, FLORIDA, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- On December 3, 2021, Progressive Care Inc. (the “Company” or “Progressive Care”) held a special meeting of its stockholders (the “Special Meeting”). The record date for stockholders entitled to notice of, and to vote at, the Special Meeting was November 3, 2021. At the close of business on that date, the Company had 535,430,294 shares of common stock, par value $0.0001 (“Common Stock”) outstanding and 51 shares of Series A Preferred Stock (“Preferred Stock”) outstanding, and entitled to be voted at the Special Meeting. At the Special Meeting, the following three proposals were submitted to the Company’s stockholders:

Key Points: 
  • MIAMI, FLORIDA, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- On December 3, 2021, Progressive Care Inc. (the Company or Progressive Care) held a special meeting of its stockholders (the Special Meeting).
  • The record date for stockholders entitled to notice of, and to vote at, the Special Meeting was November 3, 2021.
  • At the close of business on that date, the Company had 535,430,294 shares of common stock, par value $0.0001 (Common Stock) outstanding and 51 shares of Series A Preferred Stock (Preferred Stock) outstanding, and entitled to be voted at the Special Meeting.
  • At the Special Meeting, the following three proposals were submitted to the Companys stockholders:
    1.

Codere Online Begins Operations in the City of Buenos Aires

Retrieved on: 
Thursday, December 9, 2021

MADRID, Spain and BUENOS AIRES, Argentina, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Codere Online (NASDAQ: CDRO), a leading online gaming and sports betting operator in Latin America, today announced it has started to operate in the City of Buenos Aires (Argentina).

Key Points: 
  • MADRID, Spain and BUENOS AIRES, Argentina, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Codere Online (NASDAQ: CDRO), a leading online gaming and sports betting operator in Latin America, today announced it has started to operate in the City of Buenos Aires (Argentina).
  • Codere Online offers its online gaming and sports betting services through www.codere.bet.ar pursuant to an initial 5-year license granted by LOTBA, the gaming regulator of the City of Buenos Aires.
  • With the addition of the City of Buenos Aires, Codere Online currently operates in six markets, including Spain, Italy, Mexico, Colombia and Panama (where Codere Online has been operating since 2018 and, since December 1, 2021, pursuant to a new 20-year license granted in May 2021, which allows online casino games on top of online sports betting).
  • Codere Online refers to, collectively, Codere Online Luxembourg, S.A., Servicios de Juego Online, S.A.U.

THE BILTMORE HOTEL HOSTS PRIVATE WORLD PREMIERE OF ‘THE CRITIC,’ A REEL CITY FILMS’ SHORT FILM PRODUCTION

Retrieved on: 
Thursday, December 9, 2021

Miami, FL, Dec. 09, 2021 (GLOBE NEWSWIRE) -- The Biltmore Hotel, a national historic landmark located in the heart of Coral Gables, hosted the world premiere private screening of The Critic, a short film produced by Reel City Films and written and directed by Frank Kelly.

Key Points: 
  • Miami, FL, Dec. 09, 2021 (GLOBE NEWSWIRE) -- The Biltmore Hotel, a national historic landmark located in the heart of Coral Gables, hosted the world premiere private screening of The Critic, a short film produced by Reel City Films and written and directed by Frank Kelly.
  • The short film is the first of Reel City Films Travel Tales series that focuses on positioning hotel destinations as stars within their own narrative film.
  • More than 250 guests, including local dignitaries and hoteliers attended the world premiere sponsored by Makers Mark and the Biltmore hotel to see Reel City Films founder and The Critics writer and director Frank Kellys vision come to life.
  • It was an honor to celebrate the launch of Travel Tales with the world premiere of The Critic at the iconic Biltmore hotel, said Kelly.

CNL STRATEGIC CAPITAL INVESTS IN CLARION SAFETY SYSTEMS IN PARTNERSHP WITH EXISTING MANAGEMENT

Retrieved on: 
Thursday, December 9, 2021

Orlando, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Clarion Safety Systems, LLC in partnership with Clarions management.

Key Points: 
  • Orlando, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Clarion Safety Systems, LLC in partnership with Clarions management.
  • The company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC (LLSC).
  • CNL Financial Group (CNL) is a private investment management firm providing real estate and alternative investments.
  • These statements are based on the beliefs and assumptions of CNL Strategic Capitals management and on the information currently available to management at the time of such statements.

Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), Parent Company of Calvin B. Taylor Bank, Announces Quarterly Cash Dividend of $0.29 Per Share

Retrieved on: 
Thursday, December 9, 2021

Berlin, Maryland, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.29 per share.

Key Points: 
  • Berlin, Maryland, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.29 per share.
  • This dividend is payable on January 15, 2022 to stockholders of record as of December 31, 2021.
  • Calvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels.
  • Calvin B. Taylor Bank has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.

Spend Matters Secures Investment From Copley Equity Partners

Retrieved on: 
Thursday, December 9, 2021

Spend Matters Founder and CEO Jason Busch will continue to lead the firm and remains a substantial equity holder.

Key Points: 
  • Spend Matters Founder and CEO Jason Busch will continue to lead the firm and remains a substantial equity holder.
  • Proceeds from the investment will optimize and expand Spend Matters' offerings for private and public sector organizations, consultants, private equity, and services/solution providers.
  • "Copley Equity Partners' investment in Spend Matters sets the stage for our next phase of growth by allowing us to scale within procurement while expanding into adjacent technology markets," said Spend Matters Founder and CEO, Jason Busch.
  • "No competitor has the amount of actionable data and intelligence that Spend Matters has in this space across such a sphere of influence," says Eleanor Bennett, Senior Associate, Copley Equity Partners.

Vitru releases its first Sustainability Report

Retrieved on: 
Thursday, December 9, 2021

FLORIANPOLIS, Brazil, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Vitru Limited, or Vitru (Nasdaq: VTRU), today announces that it has released its first Sustainability Report related to the main 2020 highlights in the environmental, social and governance aspects.

Key Points: 
  • FLORIANPOLIS, Brazil, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Vitru Limited, or Vitru (Nasdaq: VTRU), today announces that it has released its first Sustainability Report related to the main 2020 highlights in the environmental, social and governance aspects.
  • The report was prepared according to the Global Reporting Initiative (GRI) Standards, and also takes into consideration the Sustainability Accounting Standards Boards (SASB) materiality matrix.
  • We believe this report is an important step in our ESG agenda as a listed company and a structured way to communicate to Vitru's stakeholders our sustainability efforts and deliverables, which are aligned with our mission, according to Carlos Freitas, Chief Executive Officer.
  • Vitru does not undertake any obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors.

ROC Energy Acquisition Corp. Announces Full Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering

Retrieved on: 
Thursday, December 9, 2021

The Companys units commenced trading on the Nasdaq Global Market (Nasdaq), on December 2, 2021, under the ticker symbol ROCAU.

Key Points: 
  • The Companys units commenced trading on the Nasdaq Global Market (Nasdaq), on December 2, 2021, under the ticker symbol ROCAU.
  • Once the securities comprising the units begin separate trading, the shares of common stock and rights are expected to be listed on Nasdaq under the symbols ROC and ROCAR, respectively.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the search for an initial business combination.
  • The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.