Centerspace Continues Growth In Denver Market And Prices Unsecured Notes

PR Newswire

MINNEAPOLIS, Jan. 6, 2021 /PRNewswire/ — Centerspace (NYSE: CSR) announced today that it has acquired Union Pointe Apartment Homes in Longmont, Colorado, for an aggregate purchase price of $76.9 million. Constructed in 2019, Union Pointe consists of 256 homes on 13 acres in the rapidly growing city of Longmont with convenient access to Boulder and Denver. As of January 5, 2021, Union Pointe was 94% occupied with average rents of $1,582 per month.

Centerspace also issued $50 million of 2.7% unsecured Series C Notes due June 6, 2030, with Prudential Private Capital. In concert with the issuance, Centerspace amended and expanded its Note Purchase Private Shelf Agreement (the “Agreement”) with Prudential to increase the aggregate amount available under the Agreement from $150 million to $225 million. Proceeds from the Series C Notes were used to fund the acquisition of Union Pointe and for other corporate purposes. After the close of the Series C Notes, Centerspace has $175 million outstanding with an additional $50 million of capacity remaining under the Agreement.

“Acquiring Union Pointe and expanding our partnership with Prudential is an outstanding way to start the year,” said Mark O. Decker, Jr., Centerspace’s President and CEO. “We were able to add a brand new community that is well located in a growing submarket to further enhance our portfolio quality. Accessing the private placement market once again with Prudential allows us to continue to build flexibility and durability into our balance sheet.”

About Centerspace

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company now owns 68 apartment communities consisting of 12,166 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2020 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

If you would like more information about this topic, please contact Emily Miller, Investor Relations, at (701) 837-7104 or [email protected].

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/centerspace-continues-growth-in-denver-market-and-prices-unsecured-notes-301202311.html

SOURCE Centerspace

New Mountain Finance Corporation Schedules its Fourth Quarter 2020 Earnings Release and Dividend Announcement

New Mountain Finance Corporation Schedules its Fourth Quarter 2020 Earnings Release and Dividend Announcement

NEW YORK–(BUSINESS WIRE)–
New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) today announced that it will release its financial results for the quarter ended December 31, 2020 on Wednesday, February 24, 2021 after the close of the U.S. financial markets. Additionally, at that time, the Company will announce its first quarter 2021 dividend. The Company will host an earnings conference call and audio webcast at 10:00 am (Eastern Time) on Thursday, February 25, 2021.

During the conference call, the Company’s officers will review the fourth quarter performance, discuss recent events and conduct a question-and-answer period.

To Participate in the Telephone Conference Call:

Dial in at least fifteen minutes prior to the start time.

Domestic: +1 (877) 443-9109

International: +1 (412) 317-1082

Conference Call Playback

Domestic: +1 (877) 344-7529

International: +1 (412) 317-0088

Passcode: 10150997

The playback can be accessed one hour after the end of the conference call through February 25, 2022 at 9:00 am (Eastern Time).

Webcast

The conference call will also be available in the Investor Relations section of the Company’s website at http://ir.newmountainfinance.com. To listen to the live call, please go to the Company’s website at least 15 minutes prior to the start of the call to register and download any necessary audio software. Following the call, you may access a replay of the event via audio webcast on its website.

ABOUT NEW MOUNTAIN FINANCE CORPORATION

New Mountain Finance Corporation is a closed-end, non-diversified and externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities. The Company’s first lien debt may include traditional first lien senior secured loans or unitranche loans. Unitranche loans combine characteristics of traditional first lien senior secured loans as well as second lien and subordinated loans. Unitranche loans will expose the Company to the risks associated with second lien and subordinated loans to the extent it invests in the “last out” tranche. In some cases, the investments may also include small equity interests. The Company’s investment activities are managed by its Investment Adviser, New Mountain Finance Advisers BDC, L.L.C., which is an investment adviser registered under the Investment Advisers Act of 1940, as amended. More information about New Mountain Finance Corporation can be found on the Company’s website at http://www.newmountainfinance.com.

FORWARD-LOOKING STATEMENTS

Statements included herein may contain “forward-looking statements”, which relate to our future operations, future performance or our financial condition. Forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant volatility on our business, portfolio companies, our industry and the global economy. Actual results and outcomes may differ materially from those anticipated in the forward-looking statements as a result of a variety of factors, including those described from time to time in our filings with the Securities and Exchange Commission or factors that are beyond our control. New Mountain Finance Corporation undertakes no obligation to publicly update or revise any forward-looking statements made herein, except as may be required by law. All forward-looking statements speak only as of the time of this press release.

New Mountain Finance Corporation

Investor Relations

Shiraz Y. Kajee, Authorized Representative

[email protected]

(212) 220-3505

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

MEDIA:

Logo
Logo

Blink Charging Announces Proposed Public Offering of Common Stock

MIAMI BEACH, FL, Jan. 06, 2021 (GLOBE NEWSWIRE) — Blink Charging Co. (the “Company” or “Blink”) (Nasdaq: BLNK, BLNKW), a leading owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that it intends to offer and sell 5,000,000 shares of its common stock in an underwritten registered public offering. All shares of common stock to be sold in the proposed offering will be offered by the Company, except that certain selling stockholders, together with the Company, expect to grant the underwriter for the offering a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

Blink intends to use the net proceeds from the proposed offering to supplement its operating cash flows to fund EV charging station deployment and finance the costs of acquiring competitive and complementary businesses, products and technologies as a part of its growth strategy, and for working capital and general corporate purposes.

Barclays is acting as the lead book-running manager for the proposed offering.

The proposed offering is being made pursuant to a shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 6, 2021, which became automatically effective. A preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the proposed offering have been filed with the SEC and may be obtained by visiting the SEC’s website at www.sec.gov or by contacting Barclays, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (888) 603-5847, or by emailing [email protected]. The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC.

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

About Blink Charging

Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric vehicle (EV) charging equipment and has deployed over 23,000 charging stations, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of the Company’s charging locations worldwide. Blink Charging’s principal line of products and services include its Blink EV charging network (“Blink Network”), EV charging equipment and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million vehicles by 2025 from approximately 2 million in 2019, the Company has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, along with terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact 


[email protected]

Blink Investor Relations Contact 


[email protected]


(855) 313-8187



Thryv, Inc. Exceeds $2 Million in Transactions in First 2 Months of ThryvPay; Enhances Contactless Payment Options

Dallas, Jan. 06, 2021 (GLOBE NEWSWIRE) — Thryv, Inc. (NASDAQ:THRY), the provider of Thryv® software, the fully integrated, end-to-end customer experience platform for small businesses, announces milestones reached for ThryvPaySM, as well as enhancements to the software, allowing small businesses to offer safer, contactless customer interactions, such as sending invoices and processing payments the way today’s consumers have come to expect. 

ThryvPay Surpasses $2 Million in Payment Volume 

ThryvPay, the payment processing service designed specifically for service-driven small business, launched in late October 2020. In its first two months, ThryvPay reached a remarkable milestone, with users processing more than $2 million in total payment volume with more than 6,100 transactions completed. 

Thryv is on pace to sign up 900 merchants into ThryvPay within 90 days of launching the new feature. Users have quickly adopted ThryvPay as their primary payment processing service thanks to competitive flat-rate fees, ACH capabilities, payment scheduling and the added ability to offset credit card processing fees by passing a convenience fee to customers. They also love additional benefits, such as allowing their customers to leave tips. 

“We seldom receive tips from customers, however having the ability to receive tips from ThryvPay has increased the number of tips. Our crews are happy,” said Andy Corman, owner of AC Trash Hauling & More in Noblesville, Ind. 

Current Thryv users can access ThryvPay directly through their Thryv dashboard today. 

“It’s obvious that contactless payment options are the wave of the future for both business owners and their customers,” said Ryan Cantor, Thryv’s VP of Product and Marketing. “When 64 percent of consumers say they could go an entire month without ever using cash, small business owners better have a plan in place to honor those wishes. ThryvPay, paired with the rest of Thryv’s end-to-end customer experience platform, answers that call easily.” 

Thryv’s payment-related offerings uniquely cater to service-oriented small businesses and continue to rapidly evolve to create a full solution for small businesses of all types. This well-rounded approach to modern payment capabilities includes creating electronic estimates and invoices, real-time payment tracking, choice of payment processors, including ThryvPay, and integration with apps like Square and PayPal. Thryv also integrates with the ecommerce platform, Shopify, and will soon add Clover to the Thryv App Market, for businesses using point-of-sale payment devices.

NEW: Enhanced Contactless Payment Options 

Thryv continues to support safe and contactless payments by launching pay by SMS capabilities. With this new feature, Thryv users can now request payments over SMS text, the increasingly preferred method of consumer communication. In fact, more than half of consumers say they’d like to hear from business over SMS text, but only about 20 percent of businesses connect with them this way. 

With the addition of pay by SMS text, business owners using Thryv now have four options to take payments: charge a credit/debit card, processing ACH payment, record payment (such as cash, check) or collect through their client’s mobile device using SMS text. When the “Send Payment Link” option is chosen, Thryv automatically sends a link to the consumer’s mobile device, from which they can click and pay the invoice. 

“Small businesses offering pay by SMS are at a big advantage over their competitors – even large brands,” Cantor said. “Today’s consumers are demanding contactless payment options, like paying via SMS text. In fact, two-thirds of consumers say they’ll switch to a business that has contactless payment options over a business they’ve actually been loyal to. That’s a game-changer for today’s small businesses who can now provide this service.” 

About Thryv Holdings, Inc.

The company owns the easy-to-use Thryv® end-to-end customer experience software built for small business that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv, they can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing small-to-medium-sized businesses (SMB) to reach more customers, stay organized, get paid faster and generate reviews. These include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices and processing payments.

Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv software.

Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com.

Thryv delivers business services to more than 360,000 SMBs across America that enable them to compete and win in today’s economy.

Learn more about Thryv on LinkedIn and Medium.

 

Media Contact:

Paige Blankenship

Thryv, Inc.

972.453.3012

[email protected]

 

Investor Contact:

Cameron Lessard 

Thryv, Inc.    

214.773.7022 

[email protected]   

 

KJ Christopher

Thryv, Inc.

972.453.7068

[email protected]

 

###



Paige Blankenship
Thryv, Inc.
972.453.3012
[email protected]

International Paper to Release Fourth-Quarter and Full-Year 2020 Earnings On February 4, 2021

PR Newswire

MEMPHIS, Tenn., Jan. 6, 2021 /PRNewswire/ — International Paper (NYSE: IP) will release fourth-quarter and full-year 2020 earnings on Thursday, February 4, 2021, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions, beginning at 10 a.m. ET (9 a.m., CT).  All interested parties are invited to listen to the webcast via the company’s Internet site at http://www.internationalpaper.com by clicking on the Performance tab and going to the Presentations and Events/Webcasts page. A replay of the webcast will also be on the website beginning approximately two hours after the call. Parties who wish to participate in the webcast via teleconference may dial +1 (706) 679-8242 or, within the U.S. only, (877) 316-2541 and ask to be connected to the International Paper fourth-quarter and full-year earnings call. The conference ID number is 2795152. Participants should call in no later than 9:45 a.m. ET (8:45 a.m. CT).  An audio-only replay will be available for ninety days following the call.  To access the replay, dial +1 (404) 537-3406 or, within the U.S. only, (855) 859-2056 or (800) 585-8367, and when prompted for the conference ID, enter 2795152.

About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. We produce corrugated packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication. We are headquartered in Memphis, Tenn., employ more than 48,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2019 were $22 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/international-paper-to-release-fourth-quarter-and-full-year-2020-earnings-on-february-4-2021-301201371.html

SOURCE International Paper

SHAREHOLDER ALERT: WeissLaw LLP Reminds ANCN, PRVL, WORK, and GNBF Shareholders About Its Ongoing Investigations

PR Newswire

NEW YORK, Jan. 6, 2021 /PRNewswire/ —


If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:


Joshua Rubin, Esq.

WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]

Anchiano Therapeutics Ltd. (NASDAQ: ANCN)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Anchiano Therapeutics Ltd. (NASDAQ: ANCN) in connection with the company’s proposed merger with Chemomab Ltd. (“Chemomab”). ANCN will combine with Chemomab via a reverse-merger to create a publicly traded company. Upon closing of the proposed transaction, ANCN shareholders will only own approximately 10% of the combined company, prior to additional PIPE financing. If you own ANCN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/ancn/   

Prevail Therapeutics Inc. (NASDAQ: PRVL)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Prevail Therapeutics Inc. (NASDAQ: PRVL) in connection with the proposed acquisition of the company by Eli Lilly and Company. Under the terms of the agreement, PRVL shareholders will only receive $22.50 per share in cash and a contingent value right of up to $4.00 for each PRVL share that they hold. If you own PRVL shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/prvl/

Slack Technologies, Inc. (NYSE: WORK)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Slack Technologies, Inc. (NYSE: WORK) in connection with the proposed acquisition of the company by salesforce.com, inc. (“Salesforce”). Under the terms of the agreement, WORK shareholders will receive $26.79 and 0.0776 shares of Salesforce common stock for each share of WORK that they own, representing implied per-share consideration of $44.05 based upon Salesforce’s January 5, 2021 closing price of $42.01. If you own WORK shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/work/ 

GNB Financial Services, Inc. (OTC Pink: GNBF)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GNB Financial Services, Inc. (OTC Pink: GNBF) in connection with the proposed merger of the Company with LINKBANCORP, Inc. (“LINKBANCORP”). Under the terms of the agreement, GNBF shareholders may elect to receive either $87.68 in cash or 7.3064 shares of LINKBANCORP stock for each GNBF share they own. If you own GNBF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/gnbf/

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-ancn-prvl-work-and-gnbf-shareholders-about-its-ongoing-investigations-301202243.html

SOURCE WeissLaw LLP

Tanger Outlets to Participate in 23rd Annual ICR Conference

PR Newswire

GREENSBORO, N.C., Jan. 6, 2021 /PRNewswire/ — Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, today announced that Stephen Yalof, Chief Executive Officer and President, will participate in a fireside chat at the 23rd Annual ICR Conference on Monday, January 11, 2021.

The fireside chat is scheduled to begin at 10:30 am EST. A link to the live webcast of the discussion will be available through Tanger’s Investor Relations website, investors.tangeroutlets.com.  An archive of the webcast will be available shortly after the event.

About Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger’s operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 40 years of experience in the outlet industry and is a publicly-traded REIT. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company’s website at www.tangeroutlets.com.  


Investor Contact Information

Cyndi Holt 

Jim Williams

VP, Investor Relations

EVP & CFO

336-834-6892 

336-834-6800                                                             


[email protected]        


[email protected] 


Media Contact Information

Quentin Pell
VP, Corporate Communications and Enterprise Risk Management
336-834-6827
[email protected]   

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tanger-outlets-to-participate-in-23rd-annual-icr-conference-301202318.html

SOURCE Tanger Factory Outlet Centers, Inc.

The New Year Brings New Fortune To A PA Woman Who Hit A Mega Jackpot For More Than $425,000 At BetRivers.com

A $1 Bet Won the Divine Fortune Mega Jackpot

PR Newswire

PITTSBURGH, Jan. 6, 2021 /PRNewswire/ — Rush Street Interactive, Inc. (“RSI”) (NYSE: RSI), today announced that a woman from La Belle, PA hit the Divine Fortune jackpot while playing online at BetRivers.com, one of RSI’s flagship brands. The winner, who goes by the username Freya, hit the jackpot with a $1 bet, winning $425,277.88. This win is a great start to the New Year for the player, and the chat room was alive with congratulations and well wishes to her.

“I’m going to use the money to pay off some debts and help set my family up for success,” the 40-year-old winner commented. “I want to do some good will for those I love.”

“With the new year beginning, it’s exciting to see some positivity shared with our players winning these life-changing jackpots,” said Mattias Stetz, COO of RSI, which operates BetRivers.com.  “It shows that even with a small bet, our players can win big.”

This is the seventeenth Divine Fortune jackpot winner since its launch last summer on RSI’s two online casinos in Pennsylvania, BetRivers.com and PlaySugarHouse.com. 

About Rush Street Interactive

Founded in 2012 by gaming industry veterans, RSI is a market leader in online casino and sports betting in the U.S. The Company launched its first online gaming casino site, PlaySugarHouse.com in New Jersey, in September 2016 and was the first gaming company to launch a regulated online gaming site in Pennsylvania.  With its BetRivers.com sites, Rush Street Interactive was also the first to launch regulated online gaming in the states of Indiana, Colorado and, most recently, Illinois. Rush Street Interactive was named the 2020 Global Gaming Awards Digital Operator of the Year, and the 2020 EGR North America Awards Casino Operator of the Year and Customer Service Operator of the Year. RSI has been an early mover in Latin America and was the first U.S.-based gaming operator to launch a legal and regulated online casino and sportsbook, RushBet.co, in the country of Colombia. For more information, visit www.rushstreetinteractive.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/the-new-year-brings-new-fortune-to-a-pa-woman-who-hit-a-mega-jackpot-for-more-than-425-000-at-betriverscom-301202314.html

SOURCE Rush Street Interactive

Aldeyra Therapeutics to Host Conference Call and Webcast to Discuss Top-Line Symptom, Redness, and Schirmer’s Test Results from Run-in Cohort of Phase 3 TRANQUILITY Trial

Aldeyra Therapeutics to Host Conference Call and Webcast to Discuss Top-Line Symptom, Redness, and Schirmer’s Test Results from Run-in Cohort of Phase 3 TRANQUILITY Trial

Event Scheduled for 8:00 a.m. ET Thursday, January 7, 2021

LEXINGTON, Mass.–(BUSINESS WIRE)–Aldeyra Therapeutics, Inc. (Nasdaq: ALDX) (Aldeyra) will host a conference call and webcast at 8:00 a.m. ET Thursday, January 7, 2021, to discuss top-line symptom, redness, and Schirmer’s test results from the run-in cohort of the Phase 3 TRANQUILITY clinical trial in patients with dry eye disease. The main cohort of TRANQUILITY is expected to begin enrollment in February 2021, following completion of tear RASP analysis from the run-in cohort and confirmation of endpoints and number of subjects.

The dial-in numbers are (866) 211-4098 for domestic callers and (647) 689-6613 for international callers. The Conference ID is 7076648. A live webcast of the conference call will also be available on the Investor Relations section of the Aldeyra Therapeutics website at https://ir.aldeyra.com.

After the live webcast, the event will remain archived on the Aldeyra Therapeutics website for 90 days.

About Aldeyra Therapeutics

Aldeyra Therapeutics is a clinical-stage biotechnology company focused on the development of novel therapies with the potential to improve the lives of patients with immune-mediated diseases. Two of the company’s lead investigational compounds, reproxalap and ADX-629, target RASP (reactive aldehyde species), which are elevated in ocular and systemic inflammatory disease and result in cytokine release via activation of a broad array of inflammatory factors, including NF-κB, inflammasomes, and Scavenger Receptor A. Reproxalap is being evaluated in Phase 3 clinical trials in patients with dry eye disease and allergic conjunctivitis. The company’s clinical pipeline also includes ADX-2191, a dihydrofolate reductase inhibitor in Phase 3 testing for proliferative vitreoretinopathy, and ADX-1612, a chaperome inhibitor in development for COVID-19 and ovarian cancer. For more information, visit https://www.aldeyra.com/ and follow us on LinkedIn, Facebook, and Twitter.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the top-line symptom, redness and Schirmer’s test results from the run-in cohort of the Phase 3 TRANQUILITY Trial and expectations regarding the main cohort of TRANQUILITY Trial. Aldeyra intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “anticipate,” “project,” “on track,” “scheduled,” “target,” “design,” “estimate,” “predict,” “potential,” “aim,” “plan” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Aldeyra is at an early stage of development and may not ever have any products that generate significant revenue. All of Aldeyra’s development timelines may be subject to adjustment depending on recruitment rate, regulatory review, preclinical and clinical results, and other factors that could delay the initiation or completion of clinical trials. Important factors that could cause actual results to differ materially from those reflected in Aldeyra’s forward-looking statements include, among others, the timing of enrollment, commencement and completion of Aldeyra’s clinical trials, the timing and success of preclinical studies and clinical trials conducted by Aldeyra and its development partners; updated or refined data based on Aldeyra’s continuing review and quality control analysis of clinical data, Aldeyra’s ability to design clinical trials with protocols and endpoints acceptable to applicable regulatory authorities; delay in or failure to obtain regulatory approval of Aldeyra’s product candidates; the ability to maintain regulatory approval of Aldeyra’s product candidates, and the labeling for any approved products; the risk that prior results, such as signals of safety, activity or durability of effect, observed from preclinical or clinical trials, will not be replicated or will not continue in ongoing or future studies or clinical trials involving Aldeyra’s product candidates; the risk that the results from smaller clinical trials or portions of clinical trials may not accurately predict results of larger scale trials or the remainder of a clinical trial; the scope, progress, expansion, and costs of developing and commercializing Aldeyra’s product candidates; uncertainty as to Aldeyra’s ability to commercialize (alone or with others) Aldeyra’s product candidates following regulatory approval, if any; the size and growth of the potential markets and pricing for Aldeyra’s product candidates and the ability to serve those markets; Aldeyra’s expectations regarding Aldeyra’s expenses and revenue, the sufficiency or use of Aldeyra’s cash resources and needs for additional financing; political, economic, legal, social and health risks, including the recent COVID-19 outbreak and subsequent public health measures, that may affect Aldeyra’s business or the global economy; the rate and degree of market acceptance of any of Aldeyra’s product candidates; Aldeyra’s expectations regarding competition; Aldeyra’s anticipated growth strategies; Aldeyra’s ability to attract or retain key personnel; Aldeyra’s limited sales and marketing infrastructure; Aldeyra’s ability to establish and maintain development partnerships; Aldeyra’s ability to successfully integrate acquisitions into its business; Aldeyra’s expectations regarding federal, state and foreign regulatory requirements; regulatory developments in the United States and foreign countries; Aldeyra’s ability to obtain and maintain intellectual property protection for its product candidates; the anticipated trends and challenges in Aldeyra’s business and the market in which it operates; and other factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Aldeyra’s Annual Report on Form 10-K for the year ended December 31, 2019 and Aldeyra’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. Additional factors may be described in those sections of Aldeyra’s Annual Report on Form 10-K for the year ended December 31, 2020, expected to be filed with the SEC in the first quarter of 2021.

In addition to the risks described above and in Aldeyra’s other filings with the SEC, other unknown or unpredictable factors also could affect Aldeyra’s results. No forward-looking statements can be guaranteed and actual results may differ materially from such statements. The information in this release is provided only as of the date of this release, and Aldeyra undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Corporate Contact:

David McMullin

Aldeyra Therapeutics, Inc.

Tel: 781-761-4904 ext. 218

[email protected]

Investor & Media Contact:

Scott Solomon

Sharon Merrill Associates, Inc.

Tel: 617-542-5300

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Health Infectious Diseases Other Health Clinical Trials Optical Biotechnology

MEDIA:

Logo
Logo

KKR Expands Real Estate Industrial Portfolio in Southern California with New San Diego Acquisition

KKR Expands Real Estate Industrial Portfolio in Southern California with New San Diego Acquisition

NEW YORK–(BUSINESS WIRE)–
KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California. The property expands KKR’s industrial real estate footprint in Southern California to approximately 2.4 million square feet.

The newly acquired property was built in 2007 and features 32’ clear heights. It is located in the Otay Mesa submarket of San Diego with excellent access to SR-125, SR-905, I-805 and I-5. The property was 100% leased at acquisition to five separate tenants. KKR purchased the property from Zurich Alternative Asset Management, LLC and CBRE Capital Markets helped to broker the sale.

“We are excited to supplement our footprint in Southern California with the addition of this high quality asset,” said Ben Brudney, a Director in the Real Estate group at KKR. “We continue to like the long-term supply demand fundamentals in San Diego.”

KKR is making the investment through its Real Estate Partners Americas II Fund. Across its funds, KKR owns nearly 32 million square feet of industrial property in strategic locations across major metropolitan areas in the U.S.

Since launching a dedicated real estate platform in 2011, KKR has grown real estate assets under management to approximately $14 billion across the U.S., Europe and Asia as of September 30, 2020. The global real estate team consists of over 90 dedicated investment professionals, spanning both the equity and credit businesses.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Cara Major or Miles Radcliffe-Trenner

212-750-8300

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Finance Banking Professional Services Commercial Building & Real Estate Construction & Property

MEDIA:

Logo
Logo