ZoomInfo Announces Pricing of $300 million of 3.875% Senior Notes due 2029

ZoomInfo Announces Pricing of $300 million of 3.875% Senior Notes due 2029

VANCOUVER, Wash.–(BUSINESS WIRE)–
ZoomInfo Technologies Inc. (“ZoomInfo”) today announced that its indirect subsidiaries, ZoomInfo Technologies LLC and ZoomInfo Finance Corp. (the “Issuers,” and, together with ZoomInfo, the “Company”), have priced their previously announced offering of an additional $300.0 million aggregate principal amount of their existing 3.875% Senior Notes due 2029 (the “Additional Notes”). The Issuers’ 3.875% Senior Notes due 2029 were previously issued in an aggregate principal amount of $350.0 million on February 2, 2021 (the “Initial Notes”). The Additional Notes and the Initial Notes will be treated as the same series for all purposes under the indenture that governs the Initial Notes and will govern the Additional Notes. The Additional Notes will be issued a price equal to 99.25% of their face value plus accrued interest from February 2, 2021 to the closing date. The Company intends to use the proceeds from the offering, together with additional term loans incurred under its existing first lien credit agreement, to repay outstanding revolving credit borrowings under the first lien credit agreement, pay fees and expenses incurred in connection with the transaction and the remainder for general corporate purposes. The offering of the Additional Notes is expected to close on July 15, 2021, subject to customary closing conditions.

The Additional Notes to be offered and the related guarantees thereof have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Additional Notes are being offered, by the initial purchasers, only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

This press release is being issued pursuant to Rule 135(c) under the Securities Act, and it is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of any securities, in any jurisdiction in which such offer, solicitation or sale is unlawful.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “objective,” “outlook,” “plan,” “potential,” “predict,” “projection,” “seek,” “should,” “target,” “trend,” “will,” “would” or the negative version of these words or other comparable words. These forward-looking statements include any statements regarding the intended use of proceeds from the Additional Notes offering and the closing of the Additional Notes offering. Such forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Risk Factors” in ZoomInfo’s Annual Report on Form 10-K for the year ended December 31, 2020. Such factors may be updated from time to time in ZoomInfo’s periodic filings with the Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included such filings. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

ZoomInfo Investor Contact:

Jeremiah Sisitsky

VP of Investor Relations

617-826-2068

[email protected]

ZoomInfo Media Contact:

Steve Vittorioso

Director, Communications

978-875-1297

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Software Search Engine Marketing Marketing Data Management Communications Small Business Professional Services Technology

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Amazon Launches Kindle Vella, Serialized Stories in a Mobile-First, Interactive Reading Experience

Amazon Launches Kindle Vella, Serialized Stories in a Mobile-First, Interactive Reading Experience

Thousands of serialized stories by authors including Audrey Carlan, Hugh Howey, and C. G. Cooper are now available, with the first few episodes of each story free to readers via the Kindle iOS app and on Amazon.com

SEATTLE–(BUSINESS WIRE)–
Amazon.com (NASDAQ: AMZN)—Today, Amazon announced the launch of Kindle Vella, a new mobile-first, interactive reading experience for serialized stories. Available in the U.S. via the Kindle iOS app and on Amazon.com, Kindle Vella stories are published one short episode at a time, each ranging from 600 to 5,000 words—and the first three episodes of every story are free. Subsequent episodes can be unlocked using Tokens, which are available for purchase in bundles in the Kindle iOS app or on Amazon.com. Thousands of stories containing tens of thousands of episodes are available today, with new episodes being published regularly.

Kindle Vella is a mobile-first, interactive experience with several fun features for readers, including:

  • Tagging: Readers can use tags to browse for specific topics and genres to find stories.
  • Following: Once a reader follows a Kindle Vella story, they’ll be notified every time a new episode is released.
  • Thumbs Up: Readers can leave a Thumbs Up on every episode they like.
  • Faves: Once a week, readers who have purchased Tokens will receive a Fave to award to the story they enjoyed most that week. Amazon will feature stories with the most Faves in the Kindle Vella store to help other readers discover popular stories.
  • Author Notes: Authors can speak directly to their readers at the end of episodes to share story insights and behind-the-scenes content.
  • Sharing: It’s easy for readers to share the Kindle Vella stories they love right from their phones through Twitter, Facebook, and other social channels or via email and text with friends.

“We designed Kindle Vella as a mobile-first experience because we know readers are becoming more and more interested in stories that can be read quickly on their phones. At the same time, readers want the connection that you get from reading a story or author for a long period of time,” said David Naggar, vice president of Books and Kindle Content.

“In the three months since we opened Kindle Vella publishing for authors, it’s been great to see thousands of authors begin publishing thousands of stories, totaling tens of thousands of Kindle Vella episodes across dozens of genres and microgenres. Today we’re excited to make all these stories available to readers,” said Virginia Milner, principal product manager, Kindle Vella.

Kindle Vella stories include new work from bestselling authors—including Audrey Carlan’s witty romance The Marriage Auction, Hugh Howey’s memoir Death and Life, and C. G. Cooper’s gripping thriller Daring Hope—as well as breakout debuts like Bard Constantine’s young adult fantasy The Pale Lord, Ryan King’s science fiction story Earth’s Exiles, and Callie Chase’s dystopia Bug.

“I’ve published close to 30 novels, and I’m enjoying the adventure of writing The Marriage Auction in this new format,” said #1 New York Times, USA Today, and international bestselling author Audrey Carlan. “Kindle Vella works perfectly for an author who really wants to dig into their story and characters, and give the readers something they’ve never read before.”

“Publishing with Kindle Vella was pretty much a no-brainer. Kindle Direct Publishing was already a game-changer for me, and I expect Kindle Vella to continue the trend,” said Bard Constantine, the emerging young adult fantasy author who wrote The Pale Lord. “I’m excited to continue writing and publishing new episodes so my readers can dive deeper and deeper into the story.”

Kindle Vella is available in the U.S. in the Kindle iOS app and on the web at https://www.amazon.com/kindle-vella/.

For more information about how to publish Kindle Vella stories in the U.S. using Kindle Direct Publishing, please visit kdp.com/Kindle-Vella.

About Kindle Direct Publishing

Kindle Direct Publishing, or KDP, is a free self-publishing service that enables independent authors to reach new audiences and publish their work digitally and in paperback. With KDP, the power of publishing is accessible to readers and authors worldwide, allowing a more robust and diverse set of voices to share stories with a wider audience than ever before.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

 

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Consumer Electronics Online Retail Technology Other Consumer Publishing Mobile Entertainment Entertainment Communications Books Retail Consumer

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Upstart to Report Second Quarter 2021 Earnings on August 10, 2021

Upstart to Report Second Quarter 2021 Earnings on August 10, 2021

SAN MATEO, Calif.–(BUSINESS WIRE)–
Upstart Holdings, Inc. (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, announced today that its second quarter of fiscal year 2021 business and financial results will be released on Tuesday, August 10, 2021 after the market close. Upstart will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. Prior to the conference call, the second quarter 2021 earnings press release and investor presentation will be available on Upstart’s investor relations website at ir.upstart.com.

Live webcast. The live webcast will be accessible on Upstart’s investor relations website, ir.upstart.com, and an archived webcast of the conference call will be available after the conference call.

Conference Call Dial In. To access the live conference call in the United States and Canada: +1 800-437-2398, conference code 9610077. To access the live conference call outside of the United States and Canada: +1 323-289-6576, conference code 9610077.

About Upstart

Upstart is a leading AI lending platform partnering with banks to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart-powered banks can have higher approval rates and lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio.

Investors

Jason Schmidt

Vice President, Investor Relations

[email protected]

Press

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Technology Finance Software Banking Internet

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Celldex Therapeutics Announces Pricing of Upsized $250 Million Public Offering of Common Stock

HAMPTON, N.J., July 13, 2021 (GLOBE NEWSWIRE) — Celldex Therapeutics, Inc. (“Celldex” or the “Company”) (Nasdaq: CLDX) today announced the pricing of an underwritten public offering of 5,952,381 shares of its common stock at a public offering price of $42.00 per share. In connection with the offering, Celldex has granted the underwriters a 30-day option to purchase up to an additional 892,857 shares of common stock at the public offering price, less underwriting discounts and commissions.

Jefferies, SVB Leerink, Guggenheim Securities and Cantor are acting as the joint book-running managers for the offering. LifeSci Capital LLC and H.C. Wainwright & Co. are acting as co-lead managers for the offering.

The Company expects to receive gross proceeds from the offering, excluding the exercise of the underwriters’ option, if any, of approximately $250 million, excluding underwriting discounts and commissions and other offering-related expenses.

Celldex intends to use the net proceeds from the offering to continue clinical and preclinical development of its product candidates, including current and future development of CDX-0159, growing its bispecific antibody platform and clinical candidates, funding ongoing efforts to develop additional clinical pipeline products and for general corporate purposes.

The offering is expected to close on July 16, 2021, subject to customary closing conditions.

The securities described above are being offered pursuant to a prospectus supplement and an accompanying base prospectus forming part of a shelf registration statement on Form S-3 (File No. 333-249917), which was previously filed with the Securities and Exchange Commission (“SEC”) and deemed effective on November 6, 2020. A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying base prospectus may be obtained for free by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at (877) 821-7388 or by e-mail at [email protected]; SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at (800) 808-7525, ext. 6105, or by e-mail at [email protected]; or Guggenheim Securities, LLC Attention: Equity Syndicate Department, 330 Madison Avenue, New York, NY 10017 or by telephone at (212) 518-9544, or by email at [email protected]; or Cantor Fitzgerald & Co., Attn: Capital Markets, 499 Park Avenue, 4th Floor, New York, New York 10022 or by email at [email protected].

The offering will be made only by means of a prospectus. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Celldex Therapeutics, Inc.

Celldex is a clinical stage biotechnology company dedicated to developing monoclonal and bispecific antibodies that address devastating diseases for which available treatments are inadequate. Our pipeline includes antibody-based therapeutics which have the ability to engage the human immune system and/or directly affect critical pathways to improve the lives of patients with inflammatory diseases and many forms of cancer.

Forward Looking Statement

This release contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are typically preceded by words such as “believes,” “expects,” “anticipates,” “intends,” “will,” “may,” “should,” or similar expressions. These forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct or that those goals will be achieved, and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, risks associated with market conditions and the satisfaction of customary closing conditions related to the offering and uncertainties related to the Company’s expectations regarding the completion, timing and size of the offering. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Company’s business in general, please refer to the Company’s prospectus supplement to be filed with the SEC, and the documents incorporated by reference therein, including the Company’s Form 10-K for the year ended December 31, 2020 and Form 10-Q for the quarter ended March 31, 2021.

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. We have no obligation, and expressly disclaim any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contact

Sarah Cavanaugh
Senior Vice President, Corporate Affairs & Administration
Celldex Therapeutics, Inc.
(508) 864-8337
[email protected]

Patrick Till
Senior Director, Investor Relations & Corporate Communications
Celldex Therapeutics, Inc.
(484) 788-8560
[email protected] 



Itaú Corpbanca shareholders approved a capital increase for Ch$830 billion

“This is good news, because it will allow us to converge to CET1 capitalization ratios around 10% ‒in line with the main local banks‒, boost our growth and digital transformation,” said at the end of the shareholders’ meeting, Itaú Corpbanca’s CEO, Gabriel Moura

SANTIAGO, Chile, July 13, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced that the Extraordinary Shareholders’ Meeting held on this date agreed to approve the Ch$830 billion capital increase proposed by the board of directors, with the aim of supporting the bank’s future growth and digital transformation.

With this capital increase, the bank will obtain new funding to support its growth and digital transformation, at the same time that it will achieve capital ratios in line with main peers in the local industry, including the effect on capital ratios due to the increase in share ownership of Itaú Corpbanca Colombia. This acquisition is in accordance with the provisions set forth in the Transaction Agreement, entered into on January 29, 2014, and is subject to regulatory approvals in Chile, Brazil and Colombia.

“We took an important step in the evolution of the bank, we had strong support from our shareholders, and this reinforces that we are on the right path,” said Gabriel Moura, Itaú Corpbanca’s CEO.

The capital increase would be effective through the issuance of 461,111 million new shares and its realization and implementation was delegated to the board of directors, in accordance with the terms approved by the aforementioned shareholders’ meeting, and subject to the corresponding regulatory approvals from the Chilean Commission for the Financial Market. Management estimates the capital increase process to be completed in the fourth quarter of this year.

About Itaú Corpbanca

ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.16% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders’ agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.

The bank is the fifth largest private bank in Chile and as per its mandate is the banking platform for future expansion in Latin America, specifically in Chile, Colombia and Peru. Itaú Corpbanca is a commercial bank based in Chile with additional operations in Colombia and Panama. In addition, Itaú Corpbanca has a branch in New York and a representative office in Lima. Focused on large and medium sized companies and individuals, Itaú Corpbanca offers universal banking products. In 2012, the bank initiated a regionalization process and as of the date hereof has acquired two banks in Colombia ‒Banco Corpbanca Colombia and Helm Bank‒ becoming the first Chilean bank with banking subsidiaries abroad. The merger with Banco Itaú Chile and the business combination of our two banks in Colombia, represent the continued success of our regionalization process.

As of May 31, 2021, according to the Chilean Financial Market Commission, Itaú Corpbanca was the fifth largest private bank in Chile in terms of the overall size of its customer loan portfolio, equivalent to 9.8% market share. As the same date, according to the Colombian Superintendency of Finance, Itaú Corpbanca Colombia was the eighth largest bank in Colombia in terms of total loans and tenth in terms of total deposits, as reported under local regulatory and accounting principles. As of April 30, 2020, its market share by loans reached 4.0%.

Investor Relations – Itaú Corpbanca

+56 (2) 2660-1701 / [email protected] / ir.itau.cl



Sunstone Hotel Investors Announces Redemption of 6.450% Series F Preferred Stock

PR Newswire

IRVINE, Calif., July 13, 2021 /PRNewswire/ — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced today it intends to redeem all 3,000,000 outstanding shares of its 6.450% Series F Cumulative Redeemable Preferred Stock (CUSIP: 867892-70-5).  Series F Preferred Stock held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company. 

The redemption date will be August 12, 2021.  The Series F Preferred Stock will be redeemed for $25.00 per share, plus all accrued and unpaid dividends to, but not including, the redemption date in an amount equal to $0.183646 per share, for a total payment of $25.183646 per share, which will be payable in cash, without interest, on the redemption date.  After the redemption date, Series F Preferred Stock will no longer be deemed outstanding and all the rights of the holders of Series F Preferred Stock will terminate, except the right to receive the redemption price.  In addition, because all the issued and outstanding shares of Series F Preferred Stock are being redeemed, the Series F Preferred Stock will no longer trade on the New York Stock Exchange after the redemption date.  The Series F Preferred Stock currently trades on the NYSE under the symbol SHO.PRF. 

The notice of redemption and related materials are being delivered to holders of record of Series F Preferred Stock as of July 13, 2021.  As specified in the notice of redemption, payment of the applicable redemption price, plus any accrued and unpaid dividends payable on the redemption date, without interest, will be made only upon presentation and surrender of the Series F Preferred Stock to the redemption agent, American Stock Transfer & Trust Company, LLC. 

Questions regarding the redemption of the Series F Preferred Stock may be directed to American Stock Transfer & Trust Company, LLC at: 

American Stock Transfer & Trust Company, LLC
Operations Center
6201 15th Avenue
Brooklyn, NY  11219
Attention: Reorganization Department
Tel.: (877) 248-6417

Contact

Bryan Giglia

Sunstone Hotel Investors, Inc.
(949) 382-3036

Aaron Reyes

Sunstone Hotel Investors, Inc.
(949) 382-3018

About Sunstone Hotel Investors, Inc.

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (“REIT”) that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands. Sunstone’s business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including opinions, references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. All forward-looking information provided herein is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.

This release should be read together with the consolidated financial statements and notes thereto included in our most recent reports on Form 10-K and Form 10-Q. Copies of these reports are available on our website at www.sunstonehotels.com and through the SEC’s Electronic Data Gathering Analysis and Retrieval System (“EDGAR”) at www.sec.gov.

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SOURCE Sunstone Hotel Investors, Inc.

613th Consecutive Common Stock Monthly Dividend Declared By Realty Income

PR Newswire

SAN DIEGO, July 13, 2021 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that its Board of Directors has declared the 613th consecutive common stock monthly dividend. The dividend amount of $0.2355 per share, representing an annualized amount of $2.826 per share, is payable on August 13, 2021 to shareholders of record as of August 2, 2021. The ex-dividend date for August’s dividend is July 30, 2021.


About Realty Income

Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,600 real estate properties owned under long-term lease agreements with commercial clients. To date, the company has declared 613 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 111 times since Realty Income’s public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats® index. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

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SOURCE Realty Income Corporation

Hope Bancorp to Report 2021 Second Quarter Financial Results on Tuesday, July 20, 2021

Hope Bancorp to Report 2021 Second Quarter Financial Results on Tuesday, July 20, 2021

Conference Call and Webcast to be Held on Wednesday, July 21, 2021

LOS ANGELES–(BUSINESS WIRE)–
Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2021 second quarter after the markets close on Tuesday, July 20, 2021.

A conference call to discuss 2021 second quarter financial results will be held on Wednesday, July 21, 2021 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time. A presentation deck to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com.

Institutional investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international), and asking for the “Hope Bancorp Call.” Other interested parties are invited to participate via a live webcast of the call available at Hope Bancorp’s investor relations website.

After the live webcast, the archived webcast will remain available in Hope Bancorp’s investor relations website for one year. A telephonic replay of the call will be available at 877-344-7529 (domestic) or 412-317-0088 (international) for one week through July 28, 2021, replay access code 10158798.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States with $17.2 billion in total assets as of March 31, 2021. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, Bank of Hope operates 53 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia and Alabama. The Bank also operates SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California and Houston; commercial loan production offices in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. Bank of Hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to bankofhope.com.

Angie Yang

SVP, Director of IR & Corporate Communications

213-251-2219

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

MEDIA:

Suncor Energy releases 2021 Report on Sustainability and Climate Report

All financial figures are in Canadian dollars

CALGARY, Alberta, July 13, 2021 (GLOBE NEWSWIRE) — Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key points of progress in early 2021.

Earlier this year, the company shared its updated strategy which focuses on increasing shareholder returns while accelerating its greenhouse gas (GHG) emissions reduction targets, growing its business in low GHG fuels, electricity, and hydrogen, sustaining and optimizing its base business and transforming its GHG footprint to be a net-zero company by 2050 – all enabled by Suncor’s expertise, long-life resources, integrated business model, strong connection to customers, and world-class ESG performance.

“Building on the solid foundation we’ve established over decades is core to our strategy as we help shape a profitable and sustainable energy future,” said Mark Little, President and Chief Executive Officer. “Achieving our shared economic, climate and social goals demands that we work together with communities, businesses, governments and organizations. Our projects and initiatives reflect this approach.”

Both the Report on Sustainability and Climate Report describe Suncor’s current and ongoing work and provide insights into future steps that will support the company in achieving its goals.

Highlights of the Report on Sustainability include:

  • A message from Mark Little, President and Chief Executive Officer, detailing the company’s evolving strategy and progress in environmental stewardship, community relationships and caring for Suncor’s workforce
  • A Q&A with Chief Sustainability Officer Martha Hall Findlay on Suncor’s approach to emissions reductions and achieving world-class ESG performance
  • Examples of how the company is leveraging technology to reduce environmental impact, with almost 50% of the $535 million investment in technology development, deployment and digitalization directed towards emissions-related technology
  • Ways Suncor is working with Indigenous communities, listening to their feedback and strengthening relationships, represented by the company’s Journey of Reconciliation and $911 million (over 10% of supply chain spend) spent with Indigenous suppliers
  • Key progress in water stewardship and tailings management with recycled water accounting for 92% to 99% of water use at mining and in situ operations
  • Investments in communities, including $36 million in contributions to non-profit organizations and the creation of the Petro-Canada CareMakers Foundation™ to provide support to the one in four Canadians who are family caregivers
  • Profiles of the diverse and experienced board as the foundation for sound governance, with 36 per cent female representation and over two decades of Indigenous representation
  • Review of people-focused efforts, from safety to mental health, inclusion and diversity, and community investment

Highlights from the Climate Report include:

  • A joint message from Mark Little, President and Chief Executive Officer, and Alister Cowan, Chief Financial Officer, discussing Suncor’s response to the climate challenge, and projects and initiatives on the path to net-zero, including carbon capture, utilization and storage (CCUS) and the Oil Sands Pathways to Net Zero alliance
  • A summary of low GHG and renewable energy outputs including 7.66 million megawatt-hours (MWh) of electricity from low-carbon cogeneration, 96,925 MWh of wind energy generated and 1,438 million litres of renewable fuels blended
  • Reporting on total absolute scope 1 and 2 emissions, and expanding disclosure on scope 3 emissions and equity-based GHG emissions
  • A description of how Suncor helped customers achieve a reduction of 3.5 megatonnes in emissions in 2020 by providing low-carbon power, renewable fuels and electric charging stations
  • Insights into scenario planning, including a 2-degree scenario

The Report on Sustainability and the Climate Report are both available as downloadable PDFs:

For an overview of Suncor’s sustainability efforts and to read the reports, visit sustainability.suncor.com.

Suncor has been named to various Dow Jones Sustainability Index (DJSI) categories and to the FTSE4Good index. Bloomberg’s Climate Transition Scores ranked Suncor among the top 10 publicly traded oil and gas companies on preparedness for a low-carbon world. Suncor was also named as one of the 2020 Corporate Knights Best 50 Corporate Citizens in Canada. The company was recognized as a leading employer listed among Forbes’ World’s Best Employers, Alberta’s Top 75 Employers, Canada’s Top 100 Employers and Canada’s Best Diversity Employers. The Report on Sustainability has previously been a winner of Finance Montréal’s Finance and Sustainability Initiative award for best sustainability report.

Legal Advisory – Forward-Looking Information

This news release,
as well as Suncor’s 2021 Report on Sustainability and 2021 Climate Report to which links are provided in this news release,
contains certain forward-looking information and forward-looking statements (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on Suncor’s current expectations, estimates, projections and assumptions that were made by the company in light of its information available at the time the statement was
made and consider Suncor’s experience and its perception of historical trends, including expectations and assumptions concerning: the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; capital efficiencies and cost savings; applicable royalty rates and tax laws; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; and the receipt, in a timely manner, of regulatory and third-party approvals. In addition, all other statements and information about Suncor’s strategy for growth, expected and future expenditures or investment decisions, commodity prices, costs, schedules, production volumes, operating and financial results and the expected impact of future commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like “expects”, “anticipates”, “will”, “estimates”, “plans”, “scheduled”, “intends”, “believes”, “projects”, “indicates”, “could”, “focus”, “vision”, “goal”, “outlook”, “proposed”, “target”, “objective”, “continue”, “should”, “may” and similar expressions.

Forward-looking statements in this news release include references to: the expectation that Suncor will continue to increase shareholder returns while accelerating our GHG emissions reduction targets, growing our business in low greenhouse gas (GHG) fuels, electricity, and hydrogen, sustaining and optimizing our base business and transforming our GHG footprint to be a net-zero company by 2050; the belief that these goals are all enabled by Suncor’s expertise, long-life resources, integrated business model, strong connection to customers, and world-class ESG performance; the belief that Suncor will help shape a profitable and sustainable energy future; the expectation that Suncor work together with communities, businesses, governments and organizations to achieve our shared economic, climate and social goals; and the belief that Suncor’s current and ongoing work, as well as insights into future steps, will support the company in achieving its goals.

Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to Suncor. Suncor’s actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them.

Suncor’s Management’s Discussion and Analysis for the first quarter of 2021 dated May 3, 2021, its Annual Information Form and Annual Report to Shareholders, each dated February 24, 2021, Form 40-F dated February 25, 2021,and other documents Suncor files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3E3; by email request to


[email protected]


; by calling 1-800-558-9071; or by referring to


suncor.com/FinancialReports


or to the company’s profile on SEDAR at


sedar.com


or EDGAR at


sec.gov


. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Suncor Energy is Canada’s leading integrated energy company, with a global team of over 30,000 people. Suncor’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the US, and our national Petro-Canada retail distribution network (now including our Electric Highway network of fast-charging EV stations). A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is responsibly developing petroleum resources, while profitably growing a renewable energy portfolio and advancing the transition to a low-emissions future. Suncor is listed on the UN Global Compact 100 stock index. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

For more information about Suncor, visit our web site at suncor.com and follow us on Twitter @Suncor.

Media inquiries:
403-296-4000
[email protected]

Investor inquiries:
800-558-9071
[email protected]

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a463938c-e717-4c35-95e7-4c26de98f164



Barnwell Industries, Inc. Announces July 13, 2021 Pro Forma Stockholders’ Equity in Excess of $4.0 Million

HONOLULU, July 13, 2021 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) (the “Company”, “we”, “our”) announced today that it had unaudited pro forma stockholders’ equity, as of July 13, 2021, in excess of the $4.0 million minimum amount of stockholders’ equity that the Company is required to maintain under the NYSE American’s continued listing standards.

As previously reported, on January 13, 2020, the Company received notice from the NYSE American that the Company was not in compliance with Section 1003(a)(i) and Section 1003(a)(ii) of the NYSE American Company Guide (the “Guide”), which respectively require an issuer to have (i) stockholders’ equity of $2.0 million or more if such issuer reported losses from continuing operations and/or net losses in two of its three most recent fiscal years and (ii) stockholders’ equity of $4.0 million or more if such issuer reported losses from continuing operations and/or net losses in three of its four most recent fiscal years, since it had reported stockholders’ equity of $1.2 million as of September 30, 2019 and net losses in three of the last four most recent fiscal years then ended, and that the Company’s common stock could be at risk of being delisted.

In accordance with the NYSE American’s policies and procedures, we subsequently submitted a plan to the NYSE American detailing the steps we planned to take to raise our stockholders’ equity above $4.0 million and regain compliance with Section 1003(a)(i) and Section 1003(a)(ii) of the Guide, and was provided until July 13, 2021 by the NYSE American to regain such compliance.

The Company’s estimated pro forma stockholders’ equity is described in greater detail in the Current Report on Form 8-K filed July 13, 2021 by the Company. A final determination of compliance with the NYSE American’s continued listing standards is subject to review by the NYSE American.

The information contained in this press release contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. A forward-looking statement is one which is based on current expectations of future events or conditions and does not relate to historical or current facts. These statements include various estimates, forecasts, projections of Barnwell’s future performance, statements of Barnwell’s plans and objectives, and other similar statements. Forward-looking statements include phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “predicts,” “estimates,” “assumes,” “projects,” “may,” “will,” “will be,” “should,” or similar expressions. Although Barnwell believes that its current expectations are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Forward-looking statements involve risks, uncertainties and assumptions which could cause actual results to differ materially from those contained in such statements. The risks, uncertainties and other factors that might cause actual results to differ materially from Barnwell’s expectations are set forth in the “Forward-Looking Statements,” “Risk Factors” and other sections of Barnwell’s annual report on Form 10-K for the last fiscal year and Barnwell’s other filings with the Securities and Exchange Commission. Investors should not place undue reliance on the forward-looking statements contained in this press release, as they speak only as of the date of this press release, and Barnwell expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein.

CONTACT:     Alexander C. Kinzler
Chief Executive Officer and President

Russell M. Gifford
Executive Vice President and Chief Financial Officer
Tel: (808) 531-8400