Gorman-Rupp Announces Scott A. King Elected as New Director

Gorman-Rupp Announces Scott A. King Elected as New Director

MANSFIELD, Ohio–(BUSINESS WIRE)–
The Gorman-Rupp Company (NYSE: GRC) announced today that at the Annual Meeting of the Shareholders of The Gorman-Rupp Company held on April 22, 2021, Scott A. King was elected to the Board of Directors.

Mr. King, age 46, is President and Chief Operating Officer of the Company. Mr. King was elected President on January 1, 2021 and retained his role as Chief Operating Officer after previously serving as Vice President and Chief Operating Officer since April 2019. Mr. King has been with the Company since 2004 and has held various operational leadership roles during this time. Prior to joining the Company, Mr. King served in various capacities with Fortune 500 diversified industrial manufacturers.

Jeffrey S. Gorman, Chairman and CEO commented, “We are delighted that Mr. King is joining our Board. He joins as a Director with a valued background and deep knowledge of the pump industry and the Company’s products, customers, and competitors that will add important insight to our Board.”

About The Gorman-Rupp Company

Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.

Brigette A. Burnell

Corporate Secretary

The Gorman-Rupp Company

Telephone (419) 755-1246

NYSE: GRC

For additional information, contact James C. Kerr, Chief Financial Officer, Telephone (419) 755-1548.

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Automotive Manufacturing Building Systems Manufacturing Construction & Property Engineering

MEDIA:

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Gorman-Rupp Company Declares Cash Dividend

Gorman-Rupp Company Declares Cash Dividend

MANSFIELD, Ohio–(BUSINESS WIRE)–
The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable June 10, 2021, to shareholders of record May 14, 2021. This will mark the 285th consecutive quarterly dividend paid by The Gorman-Rupp Company.

About The Gorman-Rupp Company

Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.

Forward-Looking Statements

In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, The Gorman-Rupp Company provides the following cautionary statement: This news release contains various forward-looking statements based on assumptions concerning The Gorman-Rupp Company’s operations, future results and prospects. These forward-looking statements are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results or events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. Such factors include, but are not limited to: company specific risk factors including (1) loss of key personnel; (2) intellectual property security; (3) acquisition performance and integration; (4) impairment in the value of intangible assets, including goodwill; (5) defined benefit pension plan settlement expense; (6) family ownership of common equity; and general risk factors including (7) continuation of the current and projected future business environment, including the duration and scope of the COVID-19 pandemic, the impact of the pandemic and actions taken in response to the pandemic; (8) highly competitive markets; (9) availability and costs of raw materials; (10) cyber security threats; (11) compliance with, and costs related to, a variety of import and export laws and regulations; (12) environmental compliance costs and liabilities; (13) exposure to fluctuations in foreign currency exchange rates; (14) conditions in foreign countries in which The Gorman-Rupp Company conducts business; (15) changes in our tax rates and exposure to additional income tax liabilities; and (16) risks described from time to time in our reports filed with the Securities and Exchange Commission. Except to the extent required by law, we do not undertake and specifically decline any obligation to review or update any forward-looking statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments or otherwise.

Brigette A. Burnell

Corporate Secretary

The Gorman-Rupp Company

Telephone (419) 755-1246

NYSE: GRC

For additional information, contact James C. Kerr, Chief Financial Officer, Telephone (419) 755-1548.

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Other Energy Oil/Gas Mining/Minerals Energy Agriculture Natural Resources Other Manufacturing Construction & Property Steel Engineering Chemicals/Plastics Building Systems Manufacturing

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Financial Report January – March 2021

PR Newswire

STOCKHOLM, April 23, 2021 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb)

Q1 2021: Good progress in sales, profits, balance sheet

Financial highlights Q1 2021


$2,242m
 net sales

17.9% organic sales growth*

10.6% operating margin

10.6% adjusted operating margin*


$1.79
 EPS – an increase of 108%


$1.79
 adjusted EPS* – an increase of 103%

Full year 2021 indications

Around 23%
 net sales growth

Around 20%
 organic sales growth

Around 10%
 adjusted operating margin

Key business developments in the first quarter of 2021

  • Strong organic sales growth*, fueled by good performance in all regions. Sales increased organically by 17.9%, outperforming global LVP by more than 4pp (according to IHS Markit April 2021) despite adverse geographical mix effects as LVP grew strongly in lower CPV markets. All regions outperformed LVP by 6-23pp driven by launches and positive vehicle mix. Our order intake was in line with a year earlier.
  • Strong improvement in operating income, driven by strong sales growth and continued cost control. Adjusted operating margin* improved by 3.2 pp to 10.6%. RoCE improved to 26.3%.
  • Strong cash flow and strengthened balance sheet. Operating cash flow increased to $186m and free cash flow* grew to $93m. Net debt* declined substantially and our leverage ratio* of 1.4x is now inside our target range of 0.5x-1.5x.

*For non-U.S. GAAP measures see enclosed reconciliation tables. All change figures in this release compare to the same period of previous year except when stated otherwise.

Key Figures


(Dollars in millions, except per share data)


Q1 2021


Q1 2020


Change

Net sales

$2,242

$1,846

21%

Operating income

$237

$134

77%

Adjusted operating income1)

$237

$136

74%

Operating margin, %

10.6

7.3

3.3pp

Adjusted operating margin, %1)

10.6

7.4

3.2pp

Earnings per share, diluted2, 3)

$1.79

$0.86

108%

Adjusted earnings per share, diluted1, 2, 3)

$1.79

$0.88

103%

Operating cash flow

$186

$156

19%

Return on capital employed, %4)

26.3

14.5

11.8pp

Adjusted return on capital employed, %5)

26.3

14.6

11.7pp

1) Excluding costs for capacity alignment. 2) Assuming dilution when applicable and net of treasury shares. 3) Participating share awards with right to receive dividend equivalents are (under the two-class method) excluded from the EPS calculation. 4) Annualized operating income and income from equity method investments, relative to average capital employed. 5) Annualized operating income and income from equity method investments, relative to average capital employed. Non-U.S. GAAP measure, see reconciliation table.

Comments from Mikael Bratt, President & CEO

The COVID-19 pandemic is still affecting us in several ways and our first priority remains the health and safety of our employees. The industry is experiencing adverse business effects, with a supply-demand imbalance of certain input materials such as steel, chemicals and semiconductors. Temporary shortages of these materials limited the light vehicle production in the first quarter and we expect this situation to continue in the second and third quarter of this year.

In this tough environment, I am proud that the Autoliv organization delivered a strong first quarter performance where we saw high sales growth and a significant improvement in profitability compared to the first quarter in both 2020 and 2019. I am also pleased that we continued to generate a strong cash flow, that our net debt declined further, and that our leverage ratio is now back inside our target range. Our progress in the past few quarters strengthens our confidence in the journey towards our medium term targets and our opportunities to create shareholder value.

Our sales outperformed the global light vehicle production organically by more than 4pp in the quarter, despite adverse geographical mix effects as LVP mainly grew in lower CPV markets. Driven by new launches and positive vehicle mix our sales outperformed LVP significantly in all regions. Supported by new and recent vehicle launches such as Jeep Grand Cherokee L, Mitsubishi Outlander and Peugeot 308, we expect to outgrow LVP by mid-single digits in 2021.

We are still in an uncertain environment and we continue to face challenges in 2021. We expect adverse cost development from rising raw material prices throughout 2021. We remain focused on responding to sudden changes in light vehicle production with agility and flexibility. Despite increased industry wide supply chain challenges, we are pleased to be able to reiterate our full year guidance of around 20% organic sales growth and an adjusted operating margin of around 10% as we expect effects of the supply chain challenges to be balanced with positive sales mix and cost reduction actions.

We can see that our strategic initiatives gradually are yielding good results, and we expect 2021 to be a solid stepping stone towards our 2022-24 targets which include a significant growth above light vehicle production as well as a solid adjusted operating margin increase.

Inquiries: Investors and Analysts

Anders Trapp

Vice President Investor Relations
Tel +46 (0)8 5872 0671
[email protected]

Henrik Kaar

Director Investor Relations
Tel +46 (0)8 5872 0614
[email protected]

Inquiries: Media

Gabriella Ekelund

Senior Vice President Communications
Tel +46 (0)70 612 6424
[email protected]

Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on April 23, 2021.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/financial-report-january—march-2021,c3332200

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SOURCE Autoliv

Tencent Music Entertainment Group to Report First Quarter 2021 Financial Results on May 17, 2021 Eastern Time

PR Newswire

SHENZHEN, China, April 23, 2021 /PRNewswire/ — Tencent Music Entertainment Group (“Tencent Music”, “TME”, or the “Company”) (NYSE: TME), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the first quarter of 2021 after the U.S. market closes on Monday, May 17, 2021.

Tencent Music’s management will hold a conference call on Monday, May 17, 2021, at 8:00 P.M. Eastern Time or 8:00 A.M. Beijing Time on Tuesday, May 18, 2021, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

6514753

The replay will be accessible through May 24, 2021, by dialing the following numbers:

United States Toll Free:

+1-877-344-7529

International:

+1-412-317-0088

Access Code:

10154625

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.tencentmusic.com/.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. Tencent Music’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. Tencent Music’s platform comprises online music, online audio, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Investor Relations Contact

Tencent Music Entertainment Group
[email protected]
+86 (755) 8601-3388 ext. 883606

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SOURCE Tencent Music Entertainment Group

Baidu to Report First Quarter 2021 Financial Results on May 18, 2021

PR Newswire

BEIJING, April 23, 2021 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU and HKEX: 9888), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the first quarter ended March 31, 2021, before the U.S. market opens on May 18, 2021. Baidu’s management will hold an earnings conference call at 8:00 AM on May 18, 2021, U.S. Eastern Time (8:00 PM on May 18, 2021, Beijing Time).

Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

For pre-registration, please click

http://apac.directeventreg.com/registration/event/4696103. It will automatically direct you to the registration page of “Baidu Q1 2021 Earnings Conference Call”, where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter “4696103”.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com.

A replay of the conference call may be accessed by phone at the following number until May 26, 2021:

International:

+61 2 8199 0299

Conference ID:

4696103

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation. Baidu is traded on the NASDAQ Global Select Market under the symbol “BIDU”, and on the main board of the Hong Kong Stock Exchange under the stock code “9888”. Currently, one ADS represents eight Class A ordinary shares.  

For investor inquiries, please contact:

Investors Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Email: [email protected]

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SOURCE Baidu, Inc.

iQIYI to Report First Quarter 2021 Financial Results on May 18, 2021

PR Newswire

BEIJING, April 23, 2021 /PRNewswire/ — iQIYI, Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the first quarter ended March 31, 2021 before the U.S. market opens on May 18, 2021.

iQIYI’s management will hold an earnings conference call at 7:00 AM on May 18, 2021, U.S. Eastern Time (7:00 PM on May 18, 2021, Beijing Time).

Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

Participant Online Registration:  http://apac.directeventreg.com/registration/event/3375215

It will automatically direct you to the registration page of ” iQIYI First Quarter 2021 Earnings Conference Call”, where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter ” 3375215″.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

A telephone replay of the call will be available after the conclusion of the conference call through May 26, 2021.

Dial-in numbers for the replay are as follows:

International Dial-in                            

+61 2 8199 0299

Passcode:                                            

3375215

A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, professional user generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency, online literature and e-commerce etc.

For more information, please contact:

Investor Relations
iQIYI, Inc.
+86-10-8264-6585
[email protected]

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SOURCE iQIYI, Inc.

Global Net Lease Announces Release Date For First Quarter 2021 Results

PR Newswire

NEW YORK, April 23, 2021 /PRNewswire/ — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today it will release its financial results for the first quarter ended March 31, 2021 on Thursday, May 6, 2021 before the start of trading on the New York Stock Exchange.

The Company will host a conference call and audio webcast on Thursday, May 6, 2021, beginning at 1:00 p.m. ET, to discuss the first quarter results and provide commentary on business performance. The call will be conducted by GNL’s management team and a question and answer session with analysts and investors will follow the prepared remarks.

Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through the GNL website, www.globalnetlease.com, in the “Investor Relations” section. To listen to the live call, please go to the “Investor Relations” section of the Company’s website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the GNL website.

Conference Call Details

Live Call
Dial-In (Toll Free): 1-888-317-6003
International Dial-In: 1-412-317-6061
Canada Dial-In (Toll Free): 1-866-284-3684
Participant Elite Entry Number: 5530460

Conference Replay*
Domestic Dial-In (Toll Free): 1-877-344-7529
International Dial-In: 1-412-317-0088
Canada Dial-In (Toll Free): 855-669-9658
Conference Number: 10155577

*Available one hour after the end of the conference call through August 6, 2021.

About Global Net Lease, Inc.

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words “anticipates,” “believes,” “expects,” “estimates,” “projects,” “plans,” “intends,” “may,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global coronavirus pandemic, including actions taken to contain or treat the coronavirus, on the Company, the Company’s tenants and the global economy and financial markets as well as those risks and uncertainties set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed on February 26, 2021, and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.

Contacts:

Investors and Media:

Email:  [email protected]  
Phone: (212) 415-6510

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SOURCE Global Net Lease, Inc.

High Tide Reports Approximately $775,000 in Retail Sales on 4/20

PR Newswire

CALGARY, AB, April 23, 2021 /PRNewswire/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, today announced approximately (CAD) $775,000 in total retail gross revenues (“Total Sales”) across all platforms on April 20, 2021 (4/20), representing an 80% increase from the previous Tuesday. The Company’s Canadian bricks and mortar stores reported a 51% increase, while sales across its three e-commerce platforms, grasscity.com, smokecartel.com and cbdcity.com reported an increase of 201% percent over the previous Tuesday.

“We at High Tide have never forgotten our humble beginnings and the customers who have helped us grow from one small smoke shop into an international cannabis company operating 84 retail stores across Canada and two of the world’s leading e-commerce platforms for consumption accessories,” said Raj Grover, President and Chief Executive Officer. “Our commitment to cannabis culture and the cannabis community is deeply rooted in everything we do as a company. I’m thrilled to see that our loyal customers have once again delivered a record breaking 4/20 sales figure despite pandemic related restrictions in many jurisdictions,” added Mr. Grover.

About High Tide Inc.

High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 84 branded retail locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide’s retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com, Smokecartel.com and CBDcity.com, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. (TSX:APHA) (NYSE:APHA) and Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB).

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as “forward-looking statements” are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as “outlook”, “expects”, “intend”, “forecasts”, “anticipates”, “plans”, “projects”, “estimates”, “envisages, “assumes”, “needs”, “strategy”, “goals”, “objectives”, or variations thereof, or stating that certain actions, events or results “may”, “can”, “could”, “would”, “might”, or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements.

Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple licenses from Alberta Gaming, Liquor & Cannabis, British Columbia’s Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. and KushBar Inc. businesses. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements.

The forward–looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release.

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SOURCE High Tide Inc.

American Finance Trust Announces Release Date For First Quarter 2021 Results

PR Newswire

NEW YORK, April 23, 2021 /PRNewswire/ — American Finance Trust, Inc. (Nasdaq: AFIN) (“AFIN” or the “Company”) announced today it will release its financial results for the first quarter ended March 31, 2021 on Wednesday, May 5, 2021 after the close of trading on the Nasdaq.

The Company will host a conference call and audio webcast on Thursday, May 6, 2021, beginning at 11:00 a.m. ET, to discuss the first quarter and provide commentary on business performance. The call will be conducted by AFIN’s management team and a question and answer session with analysts and investors will follow the prepared remarks.

Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through the AFIN website, www.americanfinancetrust.com, in the “Investor Relations” section. To listen to the live call, please go to the “Investor Relations” section of the Company’s website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the AFIN website.

Conference Call Details

Live Call
Dial-In (Toll Free): 1-855-327-6837
International Dial-In: 1-631-891-4304

Conference Replay*
Domestic Dial-In (Toll Free): 1-844-512-2921
International Dial-In: 1-412-317-6671
Conference Number: 10014349

*Available from 2:00 p.m. ET on May 6, 2021 through August 6, 2021.

About American Finance Trust, Inc.

American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about AFIN can be found on its website at www.americanfinancetrust.com

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of AFIN’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on AFIN, AFIN’s tenants and the global economy and financial markets, as well as those set forth in the Risk Factors section of AFIN’s most recent Annual Report on Form 10-K for the year ended December 31, 2020 filed on February 25, 2021, and all other filings filed with the Securities and Exchange Commission after that date. Further, forward-looking statements speak only as of the date they are made, and AFIN undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

Contacts:

Investor Relations       
[email protected]
(866) 902-0063

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SOURCE American Finance Trust, Inc.

Xtreme Fighting Championships Unveils Main Card For XFC 44 On May 28 In Des Moines, LIVE On FOX Deportes And FOX Sports 2

PR Newswire

DESTIN, Fla., April 23, 2021 /PRNewswire/ — The Xtreme Fighting Championships (OTC: DKMR) 44 Main Card has been finalized, as Andre “The Asian Sensation” Soukhamthath returns to the Hexagon to battle Jose “El Teco” Quinonez in the Main Event of XFC 44 on May 28 in Des Moines, IA. Also on the Main Card, XFC announced today, Chris “Beast Boy” Barnett and Brett “Big Dog” Martin collide in a battle of hard-hitting heavyweights, and Austin Bashi takes on Emanuel Pugh in a battle of two of the sport’s most exciting young bantamweights.

These three action-packed bouts, along with the Semifinals of the XFC Lightweight and Welterweight Tournaments, will air LIVE on FOX Deportes and FOX Sports 2. The Preliminary Card will air LIVE on XFCTV.com.


Andre Soukhamthath vs. Jose Quinonez

Andre “The Asian Sensation” Soukhamthath has been competing on the international stage since 2017. One of the most accomplished fighters to hail from New England, this American Top Team fighter showcased his excellent striking in his three-round victory over Guilherme Faria in the Main Event of XFC 43 in Atlanta. Eight of Soukhamthath’s wins are by knockout, and he has three submission victories on his resume.

Jose “El Teco” Quinonez has been fighting on the global stage since 2014. Quinonez perfectly embodies the toughness and ferociousness that his fellow Mexican fighters have entered the history books for. Quinonez is regarded as one of Latin America’s most electric fighters, and he’s excited to use XFC’s international platform to establish himself as a superstar as the XFC continues to invest in Mexico and Latin America.


Chris Barnett vs. Brett Martin

Chris “Beast Boy” Barnett has long been regarded as one of the best unsigned fighters on the planet; he’s excited to live up to some lofty expectations when he enters the XFC’s Hexagon. Barnett boasts an impressive record of 21-6 on the strength of six straight wins, with victories around the world. The hard-hitting Florida fighter will be gunning for his 17th knockout on fight night.

Brett “Big Dog” Martin is one of the best young American heavyweight prospects in years. The smothering Michigan fighter is 9-1 with five straight victories. He is the reigning heavyweight champion for Legacy Fighting Alliance and Lights Out Championship, but he’s ready to showcase his skills on the XFC’s global platform.


Austin Bashi vs. Emanuel Pugh

Austin Bashi tries to improve to 3-0 as a professional in the XFC Hexagon after impressive victories at XFC 43 in Atlanta and YoungGuns 1 in Shawnee, OK. The fast-rising Michigan fighter is quickly establishing himself as one of the biggest stars in the XFC ecosystem.

Emanuel “Memnon Warrior” Pugh is making his highly anticipated professional debut. The highly touted Roufosport athlete is hungry to live up to high expectations after previously being recognized as one of United States’ most exciting amateur prospects.

Lightweight Semifinals


Kurt Holobaugh vs. “Handsome” Scott Hudson

Kurt Holobaugh returns to the XFC Hexagon after his jaw-dropping, 26-second KO victory over Joziro Boye in their Quarterfinal matchup at XFC 43 in Atlanta. Representing Louisiana, 15 of Holobaugh’s 18 wins are by stoppage (six knockouts, nine submissions). Holobaugh was a late replacement for an injured fighter in the tournament, but he’s quickly proven to be one of the field’s most dangerous competitors.

Canadian “Handsome” Scott Hudson advanced to the Semifinals with a smothering victory over D’Juan Owens at XFC 43. The hard-nosed Ontario product has won five straight heading into his bout with Holobaugh. Six of the former hockey player’s wins are by finish (four knockouts, two submissions).

Tom “Big Nasty” O’Connor vs. Damonte Robinson

Canadian Tom “Big Nasty” O’Connor takes aim at his 10th straight victory after most recently scoring a third-round KO over Jose Caceres at XFC 43. The well-rounded, tough-nosed Alberta fighter has proven to be one of the most gritty fighters in the game, taking out his past four opponents in the third round of their bouts.

Damonte Robinson jumped at the opportunity to step in for the injured Kenny “The Boss” Cross. Representing Ohio, Robinson has proven to be one of the most exciting young fighters in the sport as he takes aim at his fifth stoppage victory in Des Moines, IA.

Welterweight Semifinals


LaRue Burley vs. Carson Hardman

LaRue “The Cannibal” Burley advanced to the Semifinals with a gritty, third-round submission victory over Alejandro Sanchez at XFC 43 in Atlanta. The hard-hitting Arizona fighter boasts a 10-4 record on the strength of back-to-back victories. Burley started his career with six straight wins, including a TKO over NCAA Division I national champion Bubba Jenkins.

Fast starter Carson “The Perfect Storm” Hardman used his heavy hands to score a first-round KO over Steven Newell in Quarterfinals action at XFC 43. Representing Utah, Hardman has taken out consecutive opponents by first-round KO. Eight of Hardman’s nine wins are by stoppage, including six in the first round.


Ryan Dickson vs. Bobby Nash

Long regarded as one of Canada’s best fighters, Ryan Dickson earned his spot in the Semifinals with a super-impressive, 54-second submission over Mike Hill at XFC 43. All of the well-rounded Ontario fighter’s wins are by stoppage (nine submissions, two knockouts).

Bobby “Nashty” Nash cashed his ticket to the Semifinals with a jaw-dropping, first-round KO over Spencer Jebb at XFC 43. The former standout Michigan State wrestler is riding high with back-to-back, first-round KO wins. Ten of Nash’s 11 victories are by stoppage, including six in the first round.

About XFC
Xtreme Fighting Championships, Inc. (formerly Duke Mountain Resources, Inc.) is the first publicly traded premier international mixed martial arts (“MMA”) organization with offices throughout the United States and South America, trading under the ticker symbol DKMR. Xtreme Fighting Championships (“XFC”) is now partnered with the FOX family of networks in the United States, and has previously been carried on some of the largest open television broadcasters in Latin America – Rede TV! as well as HBO, ESPN, NBC Sports Network, Telemundo Universo, Esportes Interativo, Terra TV (the largest internet portal in the world), and UOL – the largest internet portal in Latin America, and premium cable & satellite television network. The XFC has had over 185 exclusively signed fighters, representing over 35+ countries worldwide with even more growth expected. Boasting the signing of The Next Generation of Male & Female Superstars, the XFC is known for entertaining fans with the most action packed MMA events both on television and in stadium venues. The Next Generation of MMA.

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