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MEDIROM Healthcare Technologies Inc. Announces Closing of $12,000,000 Initial Public Offering

NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — MEDIROM Healthcare Technologies Inc. (NasdaqCM:MRM), a holistic healthcare company from Japan (the “Company”), announced today that it has closed its previously announced initial public offering of 800,000 ADSs at a price to the public of US$15.00 per share. Each ADS represents one share of the Company’s common stock. After underwriting discounts and offering expenses, the Company expects to receive net proceeds of approximately US$7.8 million.

The proceeds of the offering will be used to for working capital and general corporate purposes, which may include investments, acquisition or strategic collaborations to expand its customer base as well as develop and market new services.

The ADSs were offered pursuant to the Company’s Registration Statement on Form F-1 (File Nos. 333-250762 and 333-251777) previously filed with and subsequently declared effective by the Securities and Exchange Commission (“SEC”). A prospectus relating to the offering was filed with the SEC and is available on the SEC’s website at http://www.sec.gov. Electronic copies of the prospectus may be obtained from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

About MEDIROM Healthcare Technologies Inc.

MEDIROM operates 289 (as of June 30, 2020) relaxation salons across Japan centered around Re.Ra.Ku™, which aims to provide healthcare services. In 2015, MEDIROM entered the health tech business, and conducted specific health guidance and constitution improvement programs, On-demand training app “Lav™”. MEDIROM also entered the device business in 2020 and is developing a smart tracker “MOTHER Tracker™”. Currently, MEDIROM is continuing development work with the goal of commercializing the product. In the future, MEDIROM plans to expand the scope of our business to include data analysis based on the lifestyle data we have accumulated since our founding.

URL: https://medirom.co.jp/en

Contacts

Investor Relations Team
[email protected]

Public Relations Team
[email protected]



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IIROC Trading Halt – SONA

Canada NewsWire

VANCOUVER, BC, Dec. 31, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Sona Nanotech Inc.

CSE Symbol: SONA

All Issues: No

Reason: Single-Stock Circuit Breaker

Halt Time (ET): 9:49:40 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

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Say G’day to American Girl’s 2021 Girl of the Year—Kira Bailey!

Say G’day to American Girl’s 2021 Girl of the Year—Kira Bailey!

New Character Takes Fans Down Under to Explore Wildlife Protection and Climate Change

Brand Raises Awareness and Funds for WIRES—Australia’s Largest Wildlife Rescue Organization

MIDDLETON, Wis.–(BUSINESS WIRE)–American Girl, the beloved brand known for helping girls grow up with confidence and character, and a wholly-owned subsidiary of Mattel (NASDAQ: MAT), today unveiled its 2021 Girl of the Year, Kira Bailey. Kira™—a nurturing and inquisitive 10-year-old who cares deeply for animals and the environment—joins American Girl’s line of contemporary characters that inspires children to make a positive difference in the world. Whether she’s caring for an orphaned koala joey or facing a bushfire that’s threatening her great-aunts’ wildlife sanctuary in Australia, Kira confronts critical ecological issues, such as wildlife protection and the threat of climate change, that are more relevant to our planet than ever.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201231005023/en/

American Girl's 2021 Girl of the Year, Kira Bailey, whose Australia-set storyline focuses on wildlife protection and climate challenges. (Photo: Business Wire)

American Girl’s 2021 Girl of the Year, Kira Bailey, whose Australia-set storyline focuses on wildlife protection and climate challenges. (Photo: Business Wire)

“As American Girl kicks off its 35th year, Kira joins our lineup of diverse and purposeful characters who star in stories that reflect the realities of the times—whether it’s historical or modern-day,” says Jamie Cygielman, General Manager of American Girl. “As we all witnessed the bushfires rage in Australia last year and start up again this September, and the devastating wildfires in the western United States, we knew it was important to focus Kira’s story on the major conservation and climate challenges facing our planet today—causes that are extremely important to today’s youth. Through Kira, we hope our fans will learn that we all have a part to play in taking positive action for our planet.”

To further support Kira’s message, American Girl is partnering with NSW Wildlife Information, Rescue and Education Service, Inc. (WIRES), Australia’s largest wildlife rescue organization dedicated to rescuing and caring for sick, injured, and orphaned animals, including those impacted by bushfires and drought. Today through December 30, 2021, American Girl is supporting the organization’s mission to rehabilitate and preserve Australian wildlife by matching customer donations dollar for dollar up to a maximum of $25,000. To learn more about how American Girl is helping WIRES, visit www.americangirl.com/kira.

“Last year, Australia’s fire season was unlike anything previously experienced in terms of scale and severity, with fires destroying millions of hectares of land—much of which was threatened-species habitat,” says Kyla Shelley, Chief Operating Officer for WIRES. “Wild species worldwide are facing enormous challenges—including extinction—mainly due to habitat loss, natural disasters, and climate change. Just like Kira discovers, everyone can get involved in wildlife rescue and protection, and it’s not too late to make a difference wherever you live.”

To create Kira, American Girl worked hand in hand with author Erin Teagan, who holds a master’s degree in science and traveled to Australia to gain a deeper understanding of Kira’s experiences. Other consultants specializing in Australian wildlife and culture reviewed all aspects of Kira’s world—from manuscripts to products—to help ensure every detail was rooted in real practices and science, with the following two experts playing an integral role:

  • Dr. Alison Bee — Veterinarian, owner and manager of Magnetic Island Animal Hospital, a wildlife rescue and rehabilitation facility for sick, injured, and orphaned koalas in North Queensland, Australia.
  • Tassin Barnard — Owner and manager of the Australian Walkabout Wildlife Park, a wildlife preserve on the central coast of New South Wales.

In the two-book series, Kira is excited to leave her home state of Michigan and spend her summer abroad at her great-aunts’ Mamie and Lynette’s wildlife sanctuary and vet clinic in Queensland, Australia. There she learns to care for injured or orphaned animals with her new friend Alexis. But when a roving predator and a raging bushfire threaten the sanctuary, Kira must rise to the challenge to protect her family and the animals she loves. In the end, Kira learns you can’t let the fear of the worst keep you from living your best.

Bringing the stories to life is a beautiful 18-inch Kira doll, featuring green eyes and long, wavy blonde hair, that comes dressed in a tie-dye tank, sporty skirt, and lace-up boots perfect for bushwalking. Kira’s signature accessories include an outdoor backpack with koala keychain and a wide-brimmed hat to protect her from the Australian sun. Girls can choose from several other Australian-inspired outfits, including Kira’s girl-and-doll koala PJs, as well as adorable plush animals like a kangaroo and joey, koala, and a wombat (part of Kira’s Wildlife Rescue Set). To extend the play further, there’s Kira’s Animal Exam Table and Comfy Platform Tent—both with over 20 authentic accessories—to fuel girls’ imaginations.

To celebrate Kira’s debut, fans can participate in the following activities and events:

  • Tune in to American Girl’s first-ever Virtual 2021 Girl of the Year Event on December 31 at 3 p.m. ET and be among the first to see Kira’s products, watch Kira videos, check out real wildlife in care in Australia, and other fun activities.
  • Visit American Girl retail stores on December 31–January 3 to explore and shop Kira’s world, where kids will receive a free tote bag with a kangaroo joey design and a koala craft while supplies last.
  • Watch Kira-inspired videos on American Girl’s popular YouTube and YouTube Kids Channel, including a six-week “Meet Kira” stop-motion series, plus Kira music videos, DIY crafts, and other Kira-inspired content throughout the year.
  • Learn more from the experts involved in Kira’s development and other amazing girls who are making a positive difference for our planet by tuning into our “Making of Kira” video and reading about “Why Kira Matters.”

As a companion to Kira’s stories, American Girl is also introducing a nonfiction advice book, Love the Earth, for readers 8 and up. The fully illustrated guide helps readers understand climate change and offers tips and tools for living an earth-friendly life. Available January 1, the book is a great choice for emerging environmentalists who want to speak up for climate change solutions. More climate-related events and partnerships will launch in April 2021.

The Kira collection is available December 31, 2020, at americangirl.com and at all American Girl retail locations nationwide and, starting January 1, 2021, at American Girl specialty boutiques at select Indigo™ and Chapters™ locations in Canada and online at Indigo.ca. The Kira doll and book retails for $110 and the Kira books ($7.99 each) can also be purchased through retail and online booksellers.

ABOUT AMERICAN GIRL

American Girl is a premium brand for girls and a wholly-owned subsidiary of Mattel, Inc. (NASDAQ:MAT, www.mattel.com), a leading global children’s entertainment company that specializes in the design and production of quality toys and consumer products. Headquartered in Middleton, WI, American Girl offers an inspiring world of dolls, content, and experiences that nourish a girl’s spirit and help develop her strength of character. Best-selling lines include Truly Me™, Girl of the Year™, Bitty Baby®, WellieWishers™, and American Girl’s classic historical characters. The company sells products through its award-winning catalogue, on americangirl.com, in its proprietary U.S. experiential retail stores, as well as at specialty retailers nationwide. By inspiring girls to be their best, American Girl has earned the loyalty of millions and the praise and trust of parents and educators. Connect with American Girl on:

Facebook: @americangirl

Twitter: @American_Girl

Instagram: @americangirlbrand

Pinterest: agofficial

YouTube: American Girl

ABOUT WIRES

WIRES, Australia’s largest wildlife rescue organisation has been rescuing and caring for native animals 365 days a year for almost 35 years. WIRES mission is to actively rehabilitate and preserve Australian wildlife and inspire others to do the same. WIRES operate a dedicated Wildlife Rescue Office assisting the community and wildlife 7 days a week and WIRES have 28 regional branches with over 3,000 volunteers involved in wildlife rescue, rehabilitation, information and education. Annually WIRES provide rescue advice and assistance for tens of thousands of sick, injured, orphaned and displaced animals and run around 100 wildlife training courses for thousands of participants. In the wake of the devastating 2019/2020 emergency events, WIRES began providing significant national support for wildlife, supporting over 240 projects to assist with wildlife rescue and care across every state and territory. WIRES are also working with major partners to support the long-term recovery of wildlife habitat and the long-term preservation of native species in the wild nationally. Connect with WIRES on:

Facebook: @wires.wildlife.rescue

Twitter: @WIRESWildlife

Instagram: @wireswildliferescue

MAT-AG

Susan Jevens, American Girl: [email protected]

Julie Parks, American Girl: [email protected]

Joanna Hein, Weber Shandwick: [email protected]

John Grant, WIRES: [email protected] (Please note Sydney, Australia is 16 hours ahead of New York/EST).

KEYWORDS: Wisconsin Australia/Oceania Australia United States North America

INDUSTRY KEYWORDS: Children Online Retail Philanthropy Specialty Women Other Philanthropy Retail Fund Raising Environment Consumer Parenting

MEDIA:

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American Girl’s 2021 Girl of the Year, Kira Bailey, whose Australia-set storyline focuses on wildlife protection and climate challenges. (Photo: Business Wire)
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American Girl’s newest Girl of the Year, Kira Bailey. (Photo: Business Wire)
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MasTec Mourns Death of Longtime Board Member, José S. Sorzano

PR Newswire

CORAL GABLES, Fla., Dec. 31, 2020 /PRNewswire/ — MasTec, Inc. (NYSE: MTZ) is saddened to announce the passing of longtime Board Member, José S. Sorzano.

José Mas, MasTec’s CEO, commented, “It’s with great sadness that I announce the passing of our friend and fellow Board Member, José Sorzano. José has been our longest serving independent Board Member. We are thankful for his outstanding leadership, friendship, guidance, wisdom and humor. He will be greatly missed by the MasTec family, the construction industry and his community. José continuously upheld MasTec’s values of trust, accountability, caring, commitment and excellence.”

Jorge Mas, Chairman of MasTec’s Board, added, “José’s untimely passing leaves a void in the life of all who were fortunate enough to know him. For over 25 years in the MasTec boardroom I saw firsthand how José approached every decision with an unwavering commitment to the Company and our shareholders. Throughout his tenure, MasTec faced its share of challenges. In honor of José’s memory, we will continue to seize future challenges as opportunities.” 

In addition to his role as a MasTec Director, he has been Chairman of The Austin Group, Inc., an international corporate consulting firm, since 1989, a director of Securiport LLC, a privately held biometric company, and a member of the Board of Advisors of the Free Cuba Committee since 2000.  Additionally, he was Special Assistant to President Reagan for National Security Affairs from 1987 to 1988; Associate Professor of Government, Georgetown University, from 1969 to 1987; Ambassador and U.S. Deputy Permanent Representative to the United Nations from 1983 to 1985; and Chairman of the Board of Visitors, U.S. Army Western Hemisphere Institute for Security Cooperation from 2003 to 2006.

Having served as a MasTec director since 1995, he brought to our Board of Directors significant experience in governmental and international affairs, international business and a historical perspective on our growth and operations.

The Company sends its sincere condolences to Ambassador Sorzano’s family. While we mourn his passing, we celebrate his life, his accomplishments and his service to MasTec and our country.

MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The Company’s primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: wireless, wireline/fiber, satellite communications and customer fulfillment activities; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; power generation; and industrial infrastructure.  MasTec’s customers are primarily in these industries.  The Company’s corporate website is located at www.mastec.com. The Company’s website should be considered as a recognized channel of distribution, and the Company may periodically post important, or supplemental, information regarding contracts, awards or other related news and webcasts on the Events & Presentations page in the Investors section therein. 

 

Cision View original content:http://www.prnewswire.com/news-releases/mastec-mourns-death-of-longtime-board-member-jose-s-sorzano-301199671.html

SOURCE MasTec, Inc.

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Dickey’s Barbecue Pit Ends 2020 On Sales High Note

The family-owned barbecue franchise heads into its 80th year of operations after ringing in record-breaking holiday sales

Dallas, TX, Dec. 31, 2020 (GLOBE NEWSWIRE) — Coming off the heels of a tumultuous year for restaurants and now entering its 80th year in operations, Dickey’s Barbecue Pit is celebrating the new year with record-setting sales highs for 2020.

On Christmas Eve, the barbecue restaurant recorded its highest day ever in sales surpassing last year’s same measures by a staggering 45%.

In addition, the milestone sales day was also marked by new digital accomplishments for the family-owned and women-led franchise with this December going on record as their best month-to-date in digital sales. Month-to-month, Dickey’s December digital sales saw a 42% increase from November.

“At the onset of the shutdown, we doubled down on our technology platforms and made additional investments to keep up with the shift from dine-in orders to online, carry-out and delivery. We also shifted almost all our marketing spend to digital channels by April 1st and have continued to carry that strategy forward,” said Laura Rea Dickey, CEO of Dickey’s Barbecue Restaurants, Inc. “I believe it was our brand’s nimbleness, resilience and mission to do both well and good in our communities that positioned us for success going into the new year. We look forward to setting more records as we celebrate this historic milestone year.”

Overall, Dickey’s digital sales are exceeding pre-COVID performance by over 200% and restaurant sales for the entire system are same store sale positive for the seventh month in a row.

Learn more about restaurant franchising with Dickey’s Barbecue Pit by visiting franchise.dickeys.com/ or call (866) 340-6188. Find a Dickey’s Barbecue Pit near you by visiting dickeys.com/locations.

Follow Dickey’s on Facebook, Instagram and Twitter. Download the Dickey’s App from the Apple App Store or Google Play.

About Dickey’s Barbecue Restaurants, Inc.

Dickey’s Barbecue Restaurants, Inc., the world’s largest barbecue concept, was founded in 1941 by Travis Dickey. For the past 79 years, Dickey’s Barbecue Pit has served millions of guests Legit. Texas. Barbecue.™ At Dickey’s, all our barbecued meats are smoked onsite in a hickory wood burning pit. Dickey’s proudly believes there’s no shortcut to true barbecue and it’s why they never say bbq. The Dallas-based, family-run barbecue franchise offers several slow-smoked meats and wholesome sides with ‘No B.S. (Bad Stuff)’ included. The fast-casual concept has expanded worldwide with two international locations in the UAE and operates over 500 locations in 44 states. In 2016, Dickey’s won first place on Fast Casual’s “Top 100 Movers and Shakers” list and was named a Top 500 Franchise by Entrepreneur in 2018. Dickey’s Barbecue Pit has also been recognized by Fox News, Franchise Times, The Wall Street Journal, QSR Magazine, Forbes Magazine and Nation’s Restaurant News. For more information, visit www.dickeys.com. 

 

# # #



Greer Martin
Dickey's Barbecue Restaurants, Inc.
9729713898
[email protected]

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El Pollo Loco Announces the Grand Opening of New Restaurant in Poway, California

COSTA MESA, Calif., Dec. 31, 2020 (GLOBE NEWSWIRE) — El Pollo Loco, Inc. (“El Pollo Loco” or “Company”) (Nasdaq:LOCO), the nation’s leading fire-grilled chicken chain, opened its newest restaurant in Poway, California today. The new restaurant located at 12427 Poway Rd., the 34th location operated by the Peglion LLC franchise partner.

“We are thrilled to open the newest El Pollo Loco restaurant in Poway, California and continue our expansion in California,” said franchisee, Bill Engel. “With more than 30 years in this business, our company commitment has always been to create the best moments possible for our customers and offer job opportunities to those looking to build a career. We are proud to continue serving the city El Pollo Loco’s delicious, signature citrus-marinated, fire-grilled chicken and authentic Mexican-inspired offerings in a safe, clean, comfortable and friendly environment.”

“It’s exciting to continue developing our presence in greater San Diego, especially alongside a long-time franchisee partner,” said Brian Carmichall, Sr. Vice President & Chief Development Officer. “With franchise development being such a vital part of our Company’s strategic growth plan, we put immense value on our relationship with the Peglion organization. We’re happy to celebrate the opening of their thirty fourth El Pollo Loco and congratulate them on this special achievement.”

The 3,000 square foot freestanding restaurant has seating for 72 customers, will employ approximately 50 team members, and features the Company’s authentic, Mexican-inspired atmosphere that reflects El Pollo Loco’s menu and brand identity. The restaurant is open seven days a week from 10:00 a.m. to 10 p.m. in drive thru and dine-in.

El Pollo Loco fans are encouraged to join Loco Rewards and will receive a free original Pollo Bowl® after their first regularly priced food or beverage purchase on the mobile app. Loco Rewards members can earn points, redeem rewards and manage offers directly from the mobile app, which is available for download in both the Apple App Store and Google Play Store.

About El Pollo Loco

El Pollo Loco (Nasdaq:LOCO) is the nation’s leading fire-grilled chicken restaurant chain renowned for its masterfully citrus-marinated, fire-grilled chicken and handcrafted entrees using fresh ingredients inspired by Mexican recipes. With more than 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana, El Pollo Loco is expanding its presence in key markets through a combination of company and existing and new franchisee development. Visit us on our website at www.elpolloloco.com.

Like:
www.facebook.com/ElPolloLoco

Follow on Twitter:
@ElPolloLoco

Follow on Instagram:
@ElPolloLoco

Subscribe:
www.youtube.com/OfficialElPolloLoco

Join Loco Rewards:
www.elpolloloco.com/rewards

MEDIA CONTACT:

Mitch Polikoff/Quinn Kelsey
ICR
646-677-1805
[email protected] 



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Mortgage Rates Remain Near Record Low Heading Into 2021

MCLEAN, Va., Dec. 31, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.67 percent.

“All eyes have been on mortgage rates this year, especially the 30-year fixed-rate, which has dropped more than one percentage point over the last twelve months, driving housing market activity in 2020,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into 2021 we expect rates to remain flat, potentially rising modestly off their record low, but solid purchase demand and tight inventory will continue to put pressure on housing markets as well as house price growth.”

News Facts


  • 30-year fixed-rate mortgage
     averaged 2.67 percent with an average 0.7 point for the week ending December 31, 2020, up slightly from last week when it averaged 2.66 percent. A year ago at this time, the 30-year FRM averaged 3.72 percent.

  • 15-year
    fixed-rate mortgage
     averaged 2.17 percent with an average 0.7 point, down from last week when it averaged 2.19 percent. A year ago at this time, the 15-year FRM averaged 3.16 percent.

  • 5-year Treasury-indexed hybrid adjustable-rate mortgage
     (ARM) averaged 2.71 percent with an average 0.4 point, down from last week when it averaged 2.79 percent. A year ago at this time, the 5-year ARM averaged 3.46 percent.

The PMMS is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following link for the Definitions. Borrowers may still pay closing costs which are not included in the survey.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.

MEDIA CONTACT:

Angela Waugaman

703-714-0644

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6fd72414-3aef-4c59-9552-640acb926c0f



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National Law Enforcement Officers Memorial Fund to Release 2020 Fatalities Report

The leader in law enforcement line-of-duty death research will release its proprietary annual report on January 11, 2021

Washington, DC, Dec. 31, 2020 (GLOBE NEWSWIRE) — The number of law enforcement professionals nationwide who died in the line of duty in 2020 is still being researched and reconciled as the Covid-19 pandemic continues to make an incremental impact on the data. As such, the National Law Enforcement Officers Memorial Fund has announced that its annual proprietary law enforcement fatalities report will be released on Monday, January 11, 2021, according to this statement by the organization’s CEO, Marcia Ferranto:


“As the leading authority for line-of-duty deaths, the National Law Enforcement Officers Memorial Fund is preparing to release its 2020 Law Enforcement Officers Fatalities Report on Monday, January 11, 2021. The stringent review process includes agency submissions, medical review, and committee review to qualify the death as an official line-of-duty death. As of December 29, 2020, submissions continue to flow into our research team, proving this will be one of the deadliest years in law enforcement history. 

The year 2020 has proven to be an horrific year for law enforcement. America’s law enforcement officers were confronted with the pandemic, protests, and defund-police movements, which made it not only one of the most challenging years in recent memory but one of the deadliest. The National Law Enforcement Officers Memorial Fund has confirmed that the Covid-19 pandemic has accounted for more officer line-of-duty deaths than firearms or traffic fatalities combined. We have also determined that the total number of fatalities will be the largest since the terrorist attacks in 2001. Unfortunately, as the pandemic rages on and new Covid-related fatalities cases are confirmed by our Covid-19 Task Force, the final total number of officer line-of-duty deaths may be the largest in nearly half a century.  

The National Law Enforcement Memorial and Museum has as a key pillar of its mission to make it safer for those who serve. With the combined efforts of our Research Department, Covid-19 Task Force, and Destination Zero program, we are poised to have a significant impact on helping to keep names off the wall through our Law Enforcement safety programs and best practice publications.” 

To schedule an interview following the release of this report, contact Mary Petto, Chief Public Engagement Officer, at (202) 737-7130, or via email at [email protected].


– # # # –


About the National Law Enforcement Memorial and MuseumEstablished in 1984, the National Law Enforcement Officers Memorial Fund is a non-profit organization dedicated to telling the story of American law enforcement and making it safer for those who serve. The National Law Enforcement Officers Memorial contains the names of 22,217 officers who have died in the line of duty throughout U.S. history. For more information about the National Law Enforcement Officers Memorial, visit LawMemorial.org. Authorized by Congress in 2000, the 57,000-square-foot National Law Enforcement Museum at the Motorola Solutions Foundation Building tells the story of American law enforcement by providing visitors a “walk in the shoes” experience along with educational journeys, immersive exhibitions, and insightful programs. The Museum is an initiative of the National Law Enforcement Officers Memorial Fund, a 501(c)(3) organization. For more information on the Law Enforcement Museum, visit LawEnforcementMuseum



Mary Petto
National Law Enforcement Officers Memorial Fund
202-737-7130
[email protected]

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Greenbrook TMS Closes US$30 Million Credit Facility With Oxford Finance LLC

Greenbrook TMS Closes US$30 Million Credit Facility With Oxford Finance LLC

TORONTO–(BUSINESS WIRE)–
Greenbrook TMS Inc. (TSX: GTMS) (“Greenbrook” or the “Company”), a leading provider of Transcranial Magnetic Stimulation (“TMS”) therapy in the United States, announced today that it and its subsidiaries have entered into a credit and security agreement for a US$30 million secured credit facility (the “Credit Facility”) with Oxford Finance LLC (“Oxford”).

Bill Leonard, CEO of Greenbrook commented, “We are very pleased to complete this debt financing that provides us with an immediate US$15 million of minimally dilutive capital to strengthen our balance sheet and fund our ongoing growth. The up to US$15 million in delayed draw tranches will allow us to prudently use additional debt as we further expand our network of Greenbrook TMS centers through both our organic growth strategy and potential acquisitions.”

The Credit Facility provides a US$15 million term loan which was funded at closing and an option of drawing up to an additional US$15 million in three US$5 million delayed-draw term loan tranches within the next 24 months, subject to achieving specific financial milestones. All amounts borrowed under the Credit Facility will bear interest at a rate equal to 30-day LIBOR plus 7.75%, subject to a minimum interest rate of 8.75%. The Credit Facility has a five-year term and amortizes over the life of the Credit Facility with 1% of the principal amount outstanding amortized over years one to four with the remaining outstanding principal repaid in equal installments over the fifth year.

As consideration for providing the Credit Facility, Greenbrook issued 256,535 common share purchase warrants to Oxford (the “Warrants”). Each Warrant is exercisable for one common share of Greenbrook at an exercise price of C$2.24 per common share. The Warrants will expire on December 31, 2025.

Bloom Burton Securities Inc. acted as the Company’s sole financial adviser in connection with the transaction.

About Oxford Finance LLC

Oxford is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $6 billion in loans, with lines of credit ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with additional offices in San Diego, Calif.; Palo Alto, Calif.; and the greater Boston and New York City areas. For more information, visit https://oxfordfinance.com/.

About Greenbrook TMS Inc.

Operating through 125 Company-operated treatment centers, Greenbrook is a leading provider of TMS therapy, an FDA-cleared, non-invasive therapy for the treatment of Major Depressive Disorder and other mental health disorders, in the United States. TMS therapy provides local electromagnetic stimulation to specific brain regions known to be directly associated with mood regulation. Greenbrook has provided more than 510,000 TMS treatments to over 14,000 patients struggling with depression.

Cautionary Note Regarding Forward-Looking Information

Certain information in this press release constitutes forward-looking information. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the “Risk Factors” section of the Company’s current annual information form available at www.sedar.com. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Glen Akselrod

Investor Relations

Greenbrook TMS Inc.

[email protected]

1-855-797-4867

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Managed Care Health Mental Health Other Health

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Tribune Publishing Company Announces Closure of BestReviews Sale, Updates Guidance for Q4 and Full Year 2020 and Provides Revenue and AEBITDA Guidance for 2021

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc.

“We are pleased to have closed the BestReviews transaction which strengthens the Company’s balance sheet and provides flexibility for our business going forward,” said Terry Jimenez, CEO of Tribune Publishing.

Tribune Publishing also updated its guidance for Q4 and full year 2020, excluding the impact of BestReviews, and released revenue and AEBITDA guidance for 2021.

  • For the fourth quarter of 2020 the Company expects to generate a range of $191M-$192M in revenue and $28M-$29M in AEBITDA
  • For the full year of 2020 the Company expects to generate a range of $745M-$746M in revenue and $72M-$73M in AEBITDA
  • For fiscal year 2021 the Company expects to generate a range of $675M-$690M in revenue and $105M-$113M in AEBITDA

Commenting on the updated guidance for Q4 and full year 2020 and newly announced guidance for 2021, Terry Jimenez said, “We have taken measures throughout 2020 that will benefit 2021 and beyond, and our guidance reflects those measures. As we continue to execute our digital subscription, advertising and content strategies, we expect to generate substantial year-over-year increases in AEBITDA next year and create a clear path for long-term strong performance.”

Cautionary Statements Regarding Forward-looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based largely on our current expectations and reflect various estimates and assumptions by us. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond our control, include, without limitation, the effect of the novel coronavirus (“COVID-19”) and related governmental and economic responses; changes in advertising demand, circulation levels and audience shares; competition and other economic conditions; our ability to develop and grow our online businesses; changes in newsprint price and availability; our ability to maintain data security and comply with privacy-related laws; economic and market conditions that could impact the level of our required contributions to the defined benefit pension plans to which we contribute; decisions by trustees under rehabilitation plans (if applicable) or other contributing employers with respect to multiemployer plans to which we contribute which could impact the level of our contributions; our ability to maintain effective internal control over financial reporting; concentration of stock ownership among our principal stockholders whose interest may differ from those of other stockholders; and other events beyond our control that may result in unexpected adverse operating results. For specific risks related to the COVID-19 pandemic, refer to Item 1A. Risk Factors in the most recently filed Quarterly Report on Form 10-Q. For more information about these and other risks, see Item 1A (Risk Factors) of the Company’s most recent Annual Report on Form 10-K and in the Company’s other reports filed with the Securities and Exchange Commission.

The words “believe,” “expect,” “anticipate,” “estimate,” “could,” “should,” “intend,” “may,” “will,” “plan,” “seek” and similar expressions generally identify forward-looking statements. However, such words are not the exclusive means for identifying forward-looking statements, and their absence does not mean that the statement is not forward looking. Whether or not any such forward-looking statements, in fact occur will depend on future events, some of which are beyond our control. Readers are cautioned not to place undue reliance on such forward-looking statements, which are being made as of the date of this press release. Except as required by law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Financial Information

Adjusted EBITDA is a financial measure that is not calculated in accordance with U.S. GAAP. Management believes that because Adjusted EBITDA excludes (i) certain non-cash expenses (such as depreciation, amortization, stock-based compensation, and gain/loss on equity investments) and (ii) expenses that are not reflective of the Company’s core operating results over time (such as restructuring costs, including the employee voluntary separation program and gain/losses on employee benefit plan terminations, litigation or dispute settlement charges or gains, premiums on stock buyback, impairment, and transaction-related costs), this measure provides investors with additional useful information to measure the Company’s financial performance, particularly with respect to changes in performance from period to period. The Company’s management uses Adjusted EBITDA (a) as a measure of operating performance; (b) for planning and forecasting in future periods; and (c) in communications with the Company’s Board of Directors concerning the Company’s financial performance. In addition, Adjusted EBITDA, or a similarly calculated measure, has been used as the basis for certain financial maintenance covenants that the Company was subject to in connection with certain credit facilities. Since not all companies use identical calculations, the Company’s presentation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies and should not be used by investors as a substitute or alternative to net income or any measure of financial performance calculated and presented in accordance with U.S. GAAP. Instead, management believes Adjusted EBITDA should be used to supplement the Company’s financial measures derived in accordance with U.S. GAAP to provide a more complete understanding of the trends affecting the business.

Although Adjusted EBITDA is frequently used by investors and securities analysts in their evaluations of companies, Adjusted EBITDA has limitations as an analytical tool, and investors should not consider it in isolation or as a substitute for, or more meaningful than, amounts determined in accordance with U.S. GAAP. Some of the limitations to using non-GAAP measures as an analytical tool are: they do not reflect the Company’s interest income and expense, or the requirements necessary to service interest or principal payments on the Company’s debt; they do not reflect future requirements for capital expenditures or contractual commitments; and although depreciation and amortization charges are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and non-GAAP measures do not reflect any cash requirements for such replacements.

The Company does not provide a reconciliation of Adjusted EBITDA guidance due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, including adjustments that could be made for restructuring and transaction costs, stock-based compensation amounts and other charges reflected in our reconciliation of historic numbers, the amount of which, based on historical experience, could be significant.


About Tribune Publishing Company


Tribune Publishing Company (NASDAQ: TPCO) is a media company rooted in award-winning journalism.  Headquartered in Chicago, Tribune Publishing operates local media businesses in eight markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Hartford Courant, South Florida’s Sun Sentinel and Orlando Sentinel, Virginia’s Daily Press and The Virginian-Pilot, and The Morning Call of Lehigh Valley, Pennsylvania. In addition to award-winning local media businesses, Tribune Publishing operates Tribune Content Agency and TheDailyMeal.com.

Our brands are committed to informing, inspiring and engaging local communities. We create and distribute content across our media portfolio and offer integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities.


Investor Relations Contact:


Amy Bullis
312.222.2102
[email protected]


Media Contact:


Max Reinsdorf
847.867.6294
[email protected]

Source: Tribune Publishing