Serum Institute Of India And Dynavax Announce First Participants Dosed In The Phase 1/2 Clinical Trial For A COVID-19 Vaccine

PR Newswire

PUNE, India and EMERYVILLE, Calif., Dec. 23, 2020 /PRNewswire/ — Further strengthening its fight against COVID-19, Serum Institute of India (SIIPL), the world’s largest vaccine manufacturer by volume, has partnered with Dynavax Technologies Corporation (Nasdaq: DVAX) a biopharmaceutical company focused on developing and commercializing novel vaccines, and today jointly announced that the first participants have been dosed in the Phase 1 part of the Phase 1/2 clinical trial evaluating SIIPL’s vaccine candidate adjuvanted with CpG 1018 to prevent COVID-19.

The Phase 1/2 clinical trial will evaluate the safety and immunogenicity of SIIPL’s vaccine candidate consisting of the SARS-COV-2 virus receptor binding domain (RBD) delivered as a virus-like particle (VPL), along with Dynavax’s advanced adjuvant CpG 1018 plus alum. The Phase 1 portion of the clinical trial will enroll 39 healthy volunteers and post the completion of the study a decision will be taken regarding the dosing of up to 216 subjects in Phase 2.

Sharing his thoughtsAdar Poonawalla, Chief Executive Officer, Serum Institute of India, said, “The collaboration with Dynavax is our effort in developing and exploring avenues to bolster our fight against the pandemic. We are hopeful that delivering the CpG 1018 adjuvant in the vaccine will enhance the immune response of the candidate. Through this we seek to provide our expertise and capability to produce large quantities of affordable vaccine to supply global needs.”

Ryan Spencer, Chief Executive Officer, Dynavax commented, “We are pleased to be partnering with Serum Institute of India to advance their approach to leverage a VLP utilizing the receptor binding domain of the SARS-COV-2 spike protein. We believe continued development of multiple programs is critical to ensure the availability of safe and effective vaccines that can protect the global population from this devastating disease in the near term and for years to come.”



About Serum Institute of India Pvt. Ltd. (SIIPL):


Driven by the philanthropic philosophy of affordable vaccines, Serum Institute of India Pvt, Ltd. (SIIPL) is the world’s largest vaccine manufacturer by number of doses produced and sold globally (more than 1.5 billion doses), supplying the world’s cheapest and WHO accredited vaccines to as many as 170 countries. It was founded in 1966 with the aim of manufacturing lifesaving immunobiological drugs including vaccines worldwide. With a strong commitment towards global health, the institute’s objective has been proliferated by bringing down the prices of newer vaccines such as such as Diphtheria, Tetanus, Pertussis, Hib, BCG, r-Hepatitis B, Measles, Mumps and Rubella vaccines. SII is credited with bringing world-class technology to India, through its state-of-the-art equipped multifunctional production facility in Manjri, Pune; association with Zipline and government agencies to transform emergency medicine and critical care along with spearheading the race of vaccine development against the COVID-19 pandemic.

About CpG 1018
CpG 1018 is the adjuvant used in HEPLISAV-B® [Hepatitis B Vaccine (Recombinant), Adjuvanted], an adult hepatitis B vaccine approved by the U.S. Food and Drug Administration (FDA). Dynavax developed CpG 1018 to provide an increased vaccine immune response, which has been demonstrated in HEPLISAV-B. CpG 1018 provides a well-developed technology and a significant safety database, potentially accelerating the development and large-scale manufacturing of a COVID-19 vaccine.

About Dynavax
Dynavax is a commercial stage biopharmaceutical company developing and commercializing novel vaccines. The Company’s first commercial product, HEPLISAV-B® [Hepatitis B Vaccine (Recombinant), Adjuvanted], is approved in the U.S. for prevention of infection caused by all known subtypes of hepatitis B virus in adults age 18 years and older. Dynavax is also advancing CpG 1018 as a premier vaccine adjuvant through research collaborations and partnerships. Current collaborations are focused on adjuvanted vaccines for COVID-19, pertussis and universal influenza. For more information, visit www.dynavax.com and follow the company on LinkedIn.

Dynavax Forward-Looking Statements
This press release contains “forward-looking” statements, including statements regarding the potential to develop a COVID-19 vaccine containing CpG 1018.  Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent in vaccine research and development, including the timing of completing development, whether CpG 1018 combined with the Serum’s antigen vaccine candidate will prove to be beneficial in clinical trials, whether use of CpG 1018 in the vaccine will enhance the immune response and help accelerate the development and large scale manufacturing of a COVID-19 vaccine, whether and when the vaccine will be approved for use, and whether sufficient quantities of CpG 1018 and of vaccine will be able to be manufactured, as well as other risks detailed in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as discussions of potential risks, uncertainties and other important factors in our other filings with the U.S. Securities and Exchange Commission. We undertake no obligation to revise or update information herein to reflect events or circumstances in the future, even if new information becomes available. Information on Dynavax’s website at www.dynavax.com is not incorporated by reference in our current periodic reports with the SEC.

For more details please contact:

Dynavax Contacts

Nicole Arndt, Senior Manager, Investor Relations
[email protected]
510-665-7264

Derek Cole, President
Investor Relations Advisory Solutions
[email protected]

SIIPL

Mayank Sen

[email protected]

+919867974055

 

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SOURCE Dynavax Technologies

Mary Petrovich Named To Nikola Board of Directors

PR Newswire

PHOENIX, Dec. 23, 2020 /PRNewswire/ — Nikola Corporation (NASDAQ: NKLA) today announced that it has appointed Mary L. Petrovich as a new independent director and has expanded Pablo Koziner’s role within the Nikola executive leadership team.

Petrovich is an accomplished business leader and entrepreneur with a passion for disruptive technologies and leading innovation. Over the past 30 years, Petrovich has engineered three successful private equity turnarounds and guided start-up ventures. She is currently the chairman of the board of two private companies:  DealerShop, North America’s largest buying group for dealerships and collision centers, and Traxen, a software developer focused on devising the most useful combination of technologies to promote safe driving and more efficient fuel use for the heavy-duty trucking industry. 

Most recently, she served as executive chairman of AxleTech, where she helped shape the company’s electric vehicle strategy for the truck and bus markets, positioning it as a technology leader. She also previously held the position of president of Dura Automotive’s driver controls unit and served in various roles with increasing responsibility at AlliedSignal, Chrysler and General Motors.

“Mary will be a real asset to Nikola’s board,” said Steve Girsky, chairman of Nikola’s Board of Directors. “Her transformative experience in automotive, and trucking specifically, parallels nicely with Nikola’s needs. We are confident that Mary’s valuable perspective and insights will help the Board and management team execute on its strategic and business priorities.”

“I am pleased to join the Nikola Board of Directors,” said Petrovich. “I believe in the company’s mission that combines zero-emission commercial trucking with an innovative energy infrastructure. This company has a great future ahead.  I look forward to working with my fellow Board members and management to meet Nikola’s milestones while creating shareholder value.”

Pablo Koziner Promoted to President, Energy and Commercial Division

In June 2020, Koziner joined Nikola as president, Nikola Energy to oversee Nikola’s hydrogen fueling and battery charging initiatives focusing on delivering and maintaining the energy infrastructure required to support Nikola’s battery-electric and fuel-cell electric vehicle programs. Koziner’s role has now expanded to include the commercial vehicle business and was recently named as president, Energy and Commercial. Within this new capacity, Koziner will maintain his energy responsibilities and lead vehicle business development, dealer development and administration, vehicle sales warranty and service.

As a 19-year veteran of Caterpillar, Koziner most recently served as vice president of CAT Electric Power and as president of Solar Turbines Incorporated (a Caterpillar Company).

Prior to joining Caterpillar, Koziner practiced commercial law at Hunton & Williams LLP (now Hunton Andrews Kurth LLP) and later at Paul Hastings LLP. Koziner is a graduate of Boston College and earned a Juris Doctorate degree from Boston College Law School.

“I am excited to have the opportunity to provide leadership to two critical parts of the Nikola business—the commercial operations and the energy business,” said Koziner.  “I look forward to continuing to work with the great teams within Nikola and with our industry partners to execute on our stated initiatives and deliver value to our customers, shareholders and the communities that we serve.”

ABOUT NIKOLA CORPORATION

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.

FORWARD LOOKING STATEMENTS

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding potential benefits related to Ms. Petrovich’s service as a director; and statements regarding the company’s future business, and its ability to achieve milestones and create stockholder value.  These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Nikola’s management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including but not limited to general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal proceedings to which Nikola is, or may become a party; the conversion of pre-orders into binding orders; risks related to the rollout of Nikola’s business and the timing of expected business milestones; the effects of competition on Nikola’s future business; the availability of capital; and the other risks detailed from time to time in Nikola’s reports filed with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the quarter ended September  30, 2020 and other documents Nikola files with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

MEDIA CONTACTS:

Nicole Rose


[email protected]


480-660-6893

Colleen Robar


[email protected]


313-207-5960

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SOURCE Nikola Corporation

ReneSola Power Announces $20.0 Million Registered Direct Offering

PR Newswire

STAMFORD, Conn., Dec. 23, 2020 /PRNewswire/ — ReneSola Ltd (“ReneSola Power” or the “Company”)  (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of approximately 2.105 million of American Depositary Shares (ADSs), each representing ten (10) ordinary shares, at a purchase price of $9.50 per ADS, in a registered direct offering.  The registered direct offering is expected to close on or about December 28, 2020, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Roth Capital Partners is acting as financial advisor for the offering.

The gross proceeds from the registered direct offering are expected to be approximately $20.0 million before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for expanding new solar project pipeline and general working capital need.

The securities described above are being offered pursuant to a “shelf” registration statement (File No. 333-240293) filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and declared effective on August 11, 2020. Such securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the offering of the securities will be filed with the SEC. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering of the securities may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by e-mail: [email protected] or by telephone: (646) 975-6996.

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

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

 Forward-Looking Statements

This press release contains statements that constitute ”forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it “believes,” “plans,” “expects” or “anticipates” will occur, what “will” or “could” happen, and other similar statements), you must remember that the Company’s expectations may not be correct, even though it believes that they are reasonable. Furthermore, the forward-looking statements are mainly related to our ability to complete the registered direct offering and satisfy the closing conditions related to the offering, the intended use of net proceeds from the registered direct offering, the Company’s continuing operations and you may not be able to compare such information with the Company’s past performance or results. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company’s situation may change in the future, except as required by law.

 

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SOURCE ReneSola Ltd.

I-Mab Announces Upcoming Participation at January Conferences

PR Newswire

SHANGHAI and GAITHERSBURG, Md., Dec. 23, 2020 /PRNewswire/ — I-Mab (the “Company”) (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced its participation in the following conferences in January. Details of the conferences and management presentation are as follows:

H.C. Wainwright BioConnect 2021 Conference (Virtual)
Presentation: Monday, January 11, 2021 at 6:00 a.m. EST
Presenters: Dr. Jingwu Zang, Founder, Honorary Chairman and Director, Mr. Jielun Zhu, Director and Chief Financial Officer, and Ms. Leah Liu, Senior IR Director

Webcast link: https://journey.ct.events/view/55113ae1-5386-4315-9899-fa6c5550c2b9. The webcast will also be available under “Event Calendar” on IMAB’s IR website at http://ir.i-mabbiopharma.com/.

For more information, please contact your H.C. Wainwright representative.

Citi Greater China Healthcare Corporate Day 2021 (Virtual)
Management participants: Dr. Jingwu Zang, Founder, Honorary Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, and Ms. Leah Liu, Senior IR Director

One-on-one and small group meetings: January 14-15, 2021

For more information, please contact your Citi representative.

UBS Greater China Conference 2021 (Virtual)
Management participants: Dr. Jingwu Zang, Founder, Honorary Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, and Ms. Leah Liu, Senior IR Director

One-on-one and small group meetings: January 18-22, 2021

For more information, please contact your UBS representative.

About I-Mab

I-Mab (Nasdaq: IMAB) is a dynamic, global biotech company exclusively focused on discovery, development and soon commercialization of novel or highly differentiated biologics in the therapeutic areas of immuno-oncology and autoimmune diseases. The Company’s mission is to bring transformational medicines to patients around the world through innovation. I-Mab’s innovative pipeline of more than 10 clinical and pre-clinical stage drug candidates is driven by the Company’s Fast-to-PoC (Proof-of-Concept) and Fast-to-Market development strategies through internal R&D and global partnerships. The Company is on track to transitioning from a clinical stage biotech company toward a fully integrated global biopharmaceutical company with cutting-edge R&D capabilities, world-class GMP manufacturing facility and commercial capability. I-Mab has offices in Beijing, Shanghai, Hangzhou, Hong Kong and Maryland, United States. For more information, please visit http://ir.i-mabbiopharma.com and follow I-Mab on LinkedIn, Twitter and WeChat.

For more information, please contact:

I-Mab

Jielun Zhu, Chief Financial Officer
E-mail: [email protected]
Office line: +86 21 6057 8000

Gigi Feng, Chief Communications Officer
E-mail: [email protected]
Office line: +86 21 6057 5785

Investor Inquiries:

The Piacente Group, Inc.

Emilie Wu

E-mail: [email protected]
Office line: + 86 21 6039 8363

 

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SOURCE I-Mab

BlackBerry Receives Eleven “Employer of Choice” and “Best Place to Work” Awards in 2020

Recognized as ‘Best and Brightest’ Company to Work For, ‘Top Employer’, and Awarded for ‘Family-Friendly Culture’

PR Newswire

WATERLOO, ON, Dec. 23, 2020 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced it has been recognized with eleven “employer” awards in 2020, honoring the company’s comprehensive employee enrichment programs, community and culture building initiatives, and wellness and work-life balance priorities, as a global ’employer of choice’.

“We are thrilled that BlackBerry’s ongoing commitment to our employees and top talent has been recognized by numerous institutions at the local, national and international level,” said John Chen, Executive Chairman and CEO, BlackBerry. “These achievements are affirmation for our efforts to continuously seek ways to strengthen our diverse mix of HR resources and build a strong, inclusive workplace for each and every BlackBerry employee. As the various awards recognize – and employees around the world would agree – it’s an exciting time to work at BlackBerry. The company has firmly established itself as a leading and trusted security software company; one that is seen by people around the world as one of the industry’s most attractive companies to work for.”

The company has added the following honors in 2020:


Best and Brightest Awards – North America


Best Ottawa Business – North America


Brandon Hall Group – Global



Canada’s Future Workforce – North America



Canada’s Top 100 – North America


Great Places to Work – Europe


Hong Kong Labour Department – Asia Pacific

“We know the foundation of a great workplace lies in our people, in a culture of engagement, with opportunities abound,” said Nita White-Ivy, EVP, Human Resources at BlackBerry. “Our HR programs and benefits continue to distinguish BlackBerry in an industry known for the best HR practices and employee initiatives. We are extremely proud of these awards and what this signifies to our employees, prospective employees, our partners and customers, and the industry.”

BlackBerry has over 3,600 employees with offices in 27 countries. We are currently recruiting for top talent in the areas of Sales, Engineering/IT/Research, Marketing, Legal/Compliance, Consulting Services, Accounting/Finance, Human Resources, and more. Please visit our careers page at: https://www.blackberry.com/us/en/company/careers.

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 175M cars on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry’s vision is clear – to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere. 

For more information, visit BlackBerry.com and follow @BlackBerry.  

Trademarks, including but not limited to BLACKBERRY, EMBLEM Design and QNX are the trademarks or registered trademarks of BlackBerry Limited, its subsidiaries and/or affiliates, used under license, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
[email protected]

 

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SOURCE BlackBerry Limited

Royce Global Value Trust, Inc. Announces Final Results of Tender Offer

PR Newswire

NEW YORK, Dec. 23, 2020 /PRNewswire/ — Royce Global Value Trust, Inc. (NYSE: RGT) (the “Fund”) today announced the final results of its tender offer for up to 50% of its issued and outstanding shares of common stock, par value $0.001 per share, as of October 12, 2020 (the “Shares”).  As of such date, 50% of the Fund’s issued and outstanding Shares amounted to 5,251,735 Shares. 

As previously announced, the tender offer expired at 11:59 p.m., New York City time, on December 21, 2020.  In accordance with the terms and conditions of the tender offer, because the number of Shares tendered by stockholders exceeds the number of Shares offered to be purchased by the Fund, the Fund will purchase Shares from tendering stockholders on a pro-rata basis (disregarding fractional Shares).  Immediately following the purchase of the tendered Shares, the Fund will have approximately 5,251,735 issued and outstanding Shares.  The final results of the tender offer, which are based in part upon information provided to the Fund by Computershare Inc. and its wholly-owned subsidiary, Computershare Trust Company, N.A., the depositary for the tender offer, are provided in the table below:


Number of



Shares Tendered


Number of


Tendered Shares



to be Purchased


Pro-Ration Factor


Purchase Price
Per Share


Number of


Issued and Outstanding Shares
Immediately after
Giving Effect
to Tender Offer

6,240,642

5,251,735

84.155823%*

$14.43**

5,251,735***

* The pro-ration factor is applied on a stockholder-by-stockholder basis rather than on an aggregate basis.  The resulting number of
Shares to be purchased from each stockholder is then rounded down to the nearest whole number.

** Equal to 100% of the Fund’s net asset value per Share as of the close of regular trading on the New York Stock Exchange on
December 22, 2020 (i.e., the trading day immediately following the expiration date for the tender offer).

*** Such number of issued and outstanding Shares immediately after giving effect to the completion of the tender offer does not take
into account any Shares to be issued in connection with the Fund’s previously announced distribution to be paid on December 31,
2020 to stockholders of record at the close of business on December 18, 2020 (ex-dividend on December 17, 2020).

The Fund will use reasonable best efforts to purchase Shares accepted for payment on or prior to December 31, 2020.  The information agent for the tender offer is Innisfree M&A Incorporated. Any questions regarding the tender offer may be directed to the information agent toll-free at (877) 456-3442.

About Royce Global Value Trust, Inc.
Royce Global Value Trust, Inc. is a closed-end diversified management investment company whose Shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to $10 billion).

For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.

Forward Looking Statement
This press release is not an offer to purchase nor a solicitation of an offer to sell shares of the Fund. This letter may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can sometimes be identified by the use of words such as “plan,” “expect,” “will,” “should,” “could,” “anticipate,” “intend,” “project,” “estimate,” “guidance,” “possible,” “continue” and other similar terms and phrases, although not all forward-looking statements include these words. Such forward-looking statements are based on the current plans and expectations of the Fund, and are subject to risks and uncertainties that could cause actual results, performance and events to differ materially from those described in the forward-looking statements. Additionally, past performance is no guarantee of future results. Additional information concerning such risks and uncertainties are or will be contained in the Fund’s filings with the SEC, including the Fund’s Annual Report to Stockholders on Form N-CSR for the year ended December 31, 2019, the Fund’s Semiannual Report to Stockholders on Form N-CSRS for the six-month period ended June 30, 2020, and subsequent filings with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Fund does not undertake any responsibility to update publicly or revise any forward-looking statement.

Media Contact
Joele Frank, Wilkinson Brimmer Katcher: Lucas Pers 212-355-4449

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SOURCE Royce Global Value Trust, Inc.

Bigtincan Acquires ClearSlide to Create Industry’s Only End-to-End Sales Enablement and Engagement SaaS Offering

PR Newswire

Acquisition solidifies Bigtincan’s position as the most complete Sales Enablement platform

WALTHAM, Mass., Dec. 23, 2020 /PRNewswire/ — Bigtincan (ASX:BTH), the global leader in sales enablement automation, announced it has entered into a binding agreement with Corel Inc. to acquire 100% of ClearSlide, Inc. (“ClearSlide”). The deal combines two of the leading players in the sales enablement space bringing together a more complete solution for sellers to engage buyers in the digital world.

Bigtincan’s acquisition of ClearSlide will further extend its position as the world’s leading sales enablement platform — one that enables companies to transform how their sellers interact with customers and prospects into long-term valued relationships. By combining ClearSlide’s leading sales engagement capabilities with Bigtincan’s leading sales readiness and sales asset management capabilities, Bigtincan will create a complete solution for sellers to learn, access sales assets, and engage with buyers virtually or in person.

The dramatic increase in remote working and virtual business meetings is causing a revolution in Sales, as budgets previously spent on traditional buyer/seller interactions are now moving to digital.

“The Sales Enablement market continues to grow, and with market growth comes consolidation. The Bigtincan acquisition of ClearSlide brings together two market leaders in Sales Enablement that combined will make Bigtincan one of the largest providers in the market,” said Jim Lundy, founder and CEO, Aragon Research.

The addition of ClearSlide technology extends Bigtincan’s end-to-end SaaS stack, with access to buyer engagement analytics, email timing, and personalized video communication. ClearSlide’s large and vibrant customer base will have access to new, world-class, remote coaching and learning software, document automation, and will be able to leverage Bigtincan’s leading sales enablement solutions to transform their buyer/seller experience.

“ClearSlide expands our customer engagement capabilities to include advanced remote selling technologies and engagement tools that provide sellers a personalized solution that integrates seamlessly with their sales tools,” said David Keane, CEO of Bigtincan. “The combined ClearSlide and Bigtincan teams are dedicated to serving the full lifecycle of needs for Sales and Service teams to succeed in a remote world.”

“ClearSlide is an exceptional sales enablement technology and we see a bright future for the brand as part of the Bigtincan portfolio,” said Christa Quarles, CEO of Corel Corporation. “This deal brings additional focus to Corel’s next phase of growth and M&A outlook as we build on the strengths of our global partner network, sales teams and world-class ecommerce platform.”

The acquisition follows a successful fiscal 2020 with continued growth and expansion across a number of markets as Bigtincan continues to win the largest deals in Sales Enablement globally. Together with the ClearSlide technology, customer base and team, Bigtincan strengthens its position as one of the largest providers in the market.

To learn more about Bigtincan, visit www.bigtincan.com.

About Bigtincan
Bigtincan (ASX:BTH) helps sales and service teams increase win rates and customer satisfaction. The company’s AI-powered sales enablement automation platform features the industry’s premier user experience that empowers reps to more effectively engage with customers and prospects and encourages team-wide adoption. Leading brands including AT&T, Thermo Fisher, Merck, ANZ Bank and others rely on Bigtincan to enhance sales productivity and fuel customer engagement. With global sales and marketing headquartered in Boston, Bigtincan also has offices across EMEA, Australia and Asia. To discover more about how your organization can benefit from the Bigtincan platform, please visit www.bigtincan.com or follow @bigtincan on Twitter.

About ClearSlide
ClearSlide is a unified sales enablement platform that delivers buyer engagement analytics, content management, and communication tools to inform every stage of the sales process. Chosen by industry leading brands including Starwood Hotels and Resorts, GoDaddy and Vice Media Group, ClearSlide helps sales teams create truly amazing customer experiences and make every interaction count — whether it’s in person, on the phone or through email. Powered by artificial intelligence, ClearSlide makes it seamless to discover and communicate the best content and gain critical insights into how customers engage. For more information, please visit www.clearslide.com.

Media Contact
Pam Dearen, VP Marketing Communications & Customer Relations
1-617-981-7557
[email protected]

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SOURCE Bigtincan

NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend

PR Newswire

DALLAS, Dec. 23, 2020 /PRNewswire/ — NexPoint Real Estate Finance, Inc. (NYSE: NREF) (“NREF”) announced today that its board of directors has declared a dividend of $0.53125 per share of NREF’s 8.50% Series A Cumulative Redeemable Preferred Stock, payable on January 25, 2021 to stockholders of record on January 15, 2021. 

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol “NREF” primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage backed securities.  More information about NREF is available at http://www.nexpointfinance.com.

Contact: 

Jackie Graham

Investor Relations
[email protected]
972-628-4024
Media inquiries: [email protected]

 

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SOURCE NexPoint Real Estate Finance, Inc.

GrowGeneration Acquires Assets of Canopy Crop Management

PR Newswire


Company expands its portfolio of private label products within the nutrient and additive space, acquiring the Power SI brand of silicic acid-enriched fertilizers

DENVER, Colo., Dec. 23, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ: GRWG),  (“GrowGen” or the “Company”) the nation’s largest chain of specialty hydroponic and organic  garden centers, today announced it has acquired Southern California-based Canopy Crop Management and its complete portfolio of products, including the Power SI brand of silicic acid-enriched fertilizers. Established in 2019, Canopy Crop Management is recognized as the industry’s leading silicic acid company. Power SI will continue to be sold through Canopy Crop Management to all hydroponic retail stores including Grow Generation’s 39 locations.  

“Private label expansion has become a strategic priority for GrowGen, and a key component of our long-term revenue generation plan,” said Michael Salaman, GrowGen’s President and Co-Founder. “We are proud to bring Canopy Crop Management and its founder Rex Gill under our umbrella. Rex brings his unique technologies and proprietary products to GrowGen and will be instrumental in leading private label product development within the nutrient and additive space.”

“I started Canopy Crop Management with the goal of providing the highest-quality formulations, and I’m fortunate to find a partner like GrowGen, one of the most trusted names in hydroponic and organic gardening,” said Gill, Canopy Crop Management’s CEO. “I look forward to creating new and innovative silicic acid formulas and organic pesticides and fungicides that are much more cost effective than what is currently on the market.”

The Power SI acquisition is the Company’s second acquisition in Southern California this month and third acquisition in the state since November. Last week, the Company announced its acquisition of Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Anza, Lake Elsinore and Murrieta; and in November, the Company announced it had acquired The GrowBiz, the nation’s third-largest chain of hydroponic garden centers, with stores in Northern California and Oregon.

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For more information about GrowGeneration, or to locate its stores, visit www.growgeneration.com.

About GrowGeneration Corp.:
 

GrowGen owns and operates specialty retail hydroponic and organic gardening stores. Currently,  GrowGen has 39 stores, which include 5 locations in Colorado, 13 locations in California, 2  locations in Nevada, 1 location in Arizona, 1 location in Washington, 6 locations in Michigan, 1  location in Rhode Island, 4 locations in Oklahoma, 2 locations in Oregon, 3 locations in Maine  and 1 location in Florida. GrowGen also operates an online superstore for cultivators at  growgeneration.com. GrowGen carries and sells thousands of products, including organic  nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be  used indoors and outdoors by commercial and home growers. Our mission is to own and operate  GrowGeneration branded stores in all the major states in the U.S. and Canada. Management  estimates that roughly 1,000 hydroponic stores are in operation in the U.S. By 2025, the global  hydroponics system market is estimated to reach approximately $16 billion.

About Canopy Crop Management:

Canopy Crop Management is a group of growers who want to bring products to the market we enjoy using in our gardens. With backgrounds in cultivation and hydroponic supply, we created a proprietary line of specialty additive products – the backbone of which is monosilicic acid – that deliver world-class results.

Forward Looking Statements:
 

This press release may include predictions, estimates or other information that might be considered  forward-looking within the meaning of applicable securities laws. While these forward-looking  statements represent our current judgments, they are subject to risks and uncertainties that could  cause actual results to differ materially. You are cautioned not to place undue reliance on these  forward-looking statements, which reflect our opinions only as of the date of this release. Please  keep in mind that we are not obligating ourselves to revise or publicly release the results of any  revision to these forward-looking statements in light of new information or future events. When  used herein, words such as “look forward,” “believe,” “continue,” “building,” or variations of such  words and similar expressions are intended to identify forward-looking statements. Factors that  could cause actual results to differ materially from those contemplated in any forward-looking  statements made by us herein are often discussed in filings we make with the United States Securities and Exchange Commission, available at: www.sec.gov, and on our website, at:  www.growgeneration.com.

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SOURCE GrowGeneration

TriMas Releases Inaugural Sustainability Report

TriMas Releases Inaugural Sustainability Report

BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–
TriMas (NASDAQ: TRS) today announced the release of its inaugural Sustainability Report. The TriMas 2020 Sustainability Report outlines the Company’s commitment toward responsible environmental, social and governance (ESG) practices, and highlights its comprehensive sustainability initiatives that have been implemented across its global operations.

“I am proud to introduce our inaugural Sustainability Report and excited to share with you our initiatives and performance,” said Thomas Amato, President and Chief Executive Officer of TriMas. “Although this is our first report, our commitment to sustainable environmental, social and governance practices has been long-standing at TriMas, as it exemplifies our core values of integrity and respect for the environment, the health, safety and well-being of our employees, and the communities in which we operate. We have been focused on operating in a socially responsible, safe and sustainable manner, and are pleased to be enhancing our transparency on these important initiatives.”

“With this report, we aim to provide our stakeholders a better understanding of our focus on and plans for continued improvement of our ESG programs. We believe our commitment to ESG matters is integral to achieving lasting success, and we will continue to improve and further integrate sustainability elements into our long-term business strategy, providing additional value for our shareholders, customers, employees and the communities where we operate. TriMas team members play an important part in achieving our sustainability efforts, and we thank them for their continued dedication to making us a better company,” Amato concluded.

As outlined in the report, TriMas is committed to continuously enhancing its sustainability strategy focused on corporate governance and ethics, people, the environment and our products. The Company has also committed to share best practices and employ continuous improvement initiatives across the business for the greatest impact.

To minimize paper waste, the TriMas 2020 Sustainability Report may be found digitally on the TriMas website under Sustainability, or by typing the following link www.trimascorp.com/images/Sustainability-Report.pdf.

About TriMas

TriMas is a global manufacturer and provider of products for customers primarily in the consumer products, aerospace and industrial markets, with approximately 3,500 dedicated employees in 11 countries. We provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the end markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimascorp.com.

Notice Regarding Forward-Looking Statements

Any “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, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: the severity and duration of the ongoing coronavirus (“COVID-19”) pandemic on our operations, customers and suppliers, as well as related actions taken by governmental authorities and other third parties in response, each of which is uncertain, rapidly changing and difficult to predict; general economic and currency conditions; material and energy costs; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; competitive factors; future trends; the Company’s ability to realize its business strategies; the Company’s ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; information technology and other cyber-related risks; the performance of subcontractors and suppliers; supply constraints; market demand; intellectual property factors; litigation; government and regulatory actions, including, but not limited to, the impact of tariffs, quotas and surcharges; the Company’s leverage; liabilities imposed by debt instruments; labor disputes; changes to fiscal and tax policies; contingent liabilities relating to acquisition activities; the disruption of operations from catastrophic or extraordinary events, including natural disasters and public health crises; the potential impact of Brexit; tax considerations relating to the Cequent spin-off; the Company’s future prospects; and other risks that are detailed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in the Third Quarter 2020 report on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.

Sherry Lauderback

VP, Investor Relations & Communications

(248) 631-5506

[email protected]

KEYWORDS: Michigan United States North America

INDUSTRY KEYWORDS: Packaging Aerospace Environment Manufacturing

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