Market Newsdesk

Oshkosh Corporation completes acquisition of Pratt Miller

Transaction strengthens competitive positions and strategic growth opportunities

OSHKOSH, Wis.–(BUSINESS WIRE)–
Oshkosh Corporation (NYSE:OSK), a leading innovator of mission-critical vehicles and essential equipment, today announced the completion of the previously announced acquisition of Pratt Miller, which specializes in advanced engineering, technology and innovation across the motorsports and multiple ground vehicle markets, for a cash-free, debt-free purchase price of $115 million.

“We are pleased to complete the acquisition of Pratt Miller, an organization led by its world-class engineering and motorsports heritage,” said John C. Pfeifer, Oshkosh Corporation President and Chief Operating Officer. “This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioning our Company for future growth.”

As a result of the completion of the transaction, Pratt Miller will maintain its name, team members, facilities, branding elements and will maintain focus on its motorsports business in partnership with General Motors. The acquisition will enhance the combined company’s product performance and provide Oshkosh Corporation with immediate access to additional and complementary engineering expertise.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs more than 14,000 team members worldwide, all united behind a common cause: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products and London™. For more information, visit oshkoshcorp.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward Looking Statements

This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include potential negative effects relating to the failure to realize the expected benefits of the transaction; the overall impact of the COVID-19 pandemic on the Company’s business, results of operations and financial condition; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities and others to address or otherwise mitigate the impact of the COVID-19 pandemic; the negative impacts of the COVID-19 pandemic on global economies and the Company’s customers, suppliers and employees; and the cyclical nature of the Company’s Access Equipment, Commercial and Fire & Emergency markets, which are particularly impacted by the strength of U.S. and European economies and construction seasons.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006052/en/

Financial:

Patrick Davidson

Senior Vice President, Investor Relations

920.502.3266

Media:

Bryan Brandt

Senior Vice President, Chief Marketing Officer

920.502.3670

KEYWORDS: United States North America Wisconsin

INDUSTRY KEYWORDS: Other Manufacturing Motor Sports Other Defense Sports Engineering Automotive Manufacturing Aerospace Manufacturing Defense

MEDIA:

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PACCAR and Aurora Form Strategic Partnership to Develop Autonomous Trucks

BELLEVUE, Wash.–(BUSINESS WIRE)–
PACCAR (Nasdaq: PCAR) and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. This collaboration will integrate PACCAR’s autonomous vehicle platform with the Aurora Driver to enhance the safety and operational efficiency of PACCAR’s customers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119006028/en/

In the strategic partnership, PACCAR provides autonomous-enabled vehicles with industry-leading quality, durability and reliability resulting from decades of engineering excellence and manufacturing investments, as well as aftermarket parts distribution, finance and other transportation solutions. Aurora provides industry-leading self-driving technology, including hardware, software and operational services. Both partners will work closely together on all aspects of the collaboration, from component sourcing and vehicle technology to the integration of the Peterbilt and Kenworth vehicles with the Aurora Driver. The partnership also includes vehicle validation at the PACCAR Technical Center and production support in PACCAR factories.

The goal of this collaboration is to improve freight efficiency and safety for PACCAR’s customers. Kenworth T680 and Peterbilt 579 trucks utilizing the Aurora Driver are expected to be deployed in North America in the next several years.

“PACCAR looks forward to partnering with Aurora because of their industry-leading autonomous driving technology and impressive team,” said Preston Feight, PACCAR chief executive officer. “This strategic partnership complements PACCAR’s best-in-class commercial vehicle quality, technology and innovation.”

Chris Urmson, Aurora co-founder and chief executive officer, added, “Aurora is excited to take this next step in our collaboration with PACCAR. Working together, we’ve been impressed with PACCAR’s product engineering, manufacturing capabilities, and commitment to enhancing its customers’ operational safety and efficiency. This partnership brings us one step closer to unlocking the autonomous freight market and delivering goods to those who need them.”

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006028/en/

Ken Hastings

(425) 468-7530

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Trucking Automotive Automotive Manufacturing General Automotive Transport Manufacturing Fleet Management

MEDIA:

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Autonomous Peterbilt 579 Test Vehicle with Aurora Driver (Photo: Business Wire)

nLIGHT, Inc. Announces Date for Fourth Quarter 2020 Earnings Release

VANCOUVER, Wash.–(BUSINESS WIRE)–
nLIGHT, Inc. (Nasdaq: LASR) announced that it will release its financial results for the fourth quarter of 2020 after the financial markets close on Wednesday, February 17, 2021. nLIGHT’s fourth quarter ended on December 31, 2020.

A conference call and simultaneous webcast to discuss the fourth quarter results will be held on Wednesday, February 17 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). An audio webcast will be available on the investor relations section of the company’s web site at http://investors.nlight.net. A replay of the webcast will be available shortly after the conclusion of the call.

Access to the conference call will also be available by dialing 1-833-535-2198 (U.S., toll-free) or +1-412-902-6775 (international and toll), with the conference title: nLIGHT Fourth Quarter 2020 Earnings.

About nLIGHT

nLIGHT, Inc is a leading provider of high-power semiconductor and fiber lasers for industrial, microfabrication, aerospace and defense applications. Our lasers are changing not only the way things are made but also the things that can be made. Headquartered in Vancouver, Washington, nLIGHT employs over 1,200 people with operations in the U.S., China and Finland. For more information, please visit www.nlight.net.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006012/en/

Joseph Corso

VP, Corporate Development and Investor Relations

nLIGHT, Inc.

(360) 566-4460

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Semiconductor Defense Technology Aerospace Manufacturing Other Manufacturing Other Defense

MEDIA:

Posted on January 19, 2021 4:09 pm

NETGEAR Schedules Fourth Quarter and Full Year 2020 Results Conference Call

NETGEAR Schedules Fourth Quarter and Full Year 2020 Results Conference Call

SAN JOSE, Calif.–(BUSINESS WIRE)–
NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet-connected products to consumers and businesses, today announced that it will hold a conference call with investors and analysts on Wednesday, February 3, 2021 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company’s fourth quarter and full year 2020 results and first quarter 2021 business outlook.

The news release announcing the fourth quarter and full year 2020 results will be disseminated on February 3, 2021 after the market closes.

The toll-free dial-in number for the live audio call beginning at 5:00 p.m. ET (2:00 p.m. PT) on Wednesday, February 3, 2021 is (844) 709-2008. The international dial-in number for the live audio call is (647) 253-8663. The conference ID for the call is 7797905. A live webcast of the conference call will be available on NETGEAR’s Investor Relations website at http://investor.netgear.com.

A replay of the call will be available via the web at http://investor.netgear.com.

About NETGEAR, Inc.

NETGEAR (NASDAQ: NTGR) has pioneered advanced networking technologies for homes, businesses, and service providers around the world since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video over Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online game play. The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the NETGEAR Investor Page or by calling (408) 907-8000. Connect with NETGEAR: Twitter, Facebook, Facebook for NETGEAR Business, Instagram and our blog at NETGEAR.com.

© 2021 NETGEAR, Inc. NETGEAR and the NETGEAR logo are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

Source: NETGEAR-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006031/en/

NETGEAR Investor Relations

Erik Bylin

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Consumer Electronics Technology Mobile/Wireless Networks Internet Hardware

MEDIA:

Posted on January 19, 2021 4:09 pm

Tandem Diabetes Care to Announce Fourth Quarter and Full Year 2020 Financial Results on February 24, 2021

Tandem Diabetes Care to Announce Fourth Quarter and Full Year 2020 Financial Results on February 24, 2021

SAN DIEGO–(BUSINESS WIRE)–
Tandem Diabetes Care, Inc. (NASDAQ: TNDM), a leading insulin delivery and diabetes technology company, plans to release its fourth quarter and full year 2020 results after the financial markets close on Wednesday, February 24, 2021. The Company will hold a conference call and simultaneous webcast on the same day at 4:30 pm Eastern Time (1:30 pm Pacific Time), to discuss its fourth quarter and full year 2020 financial and operating results.

Conference Call/Webcast Details:

Date: February 24, 2021

Time: 4:30 pm Eastern Time (1:30 pm Pacific Time)

Toll Free Dial-In Number: (855) 427-4396

International Dial-In Number: (484) 756-4261

Conference ID: 7178576

Webcast Link: https://edge.media-server.com/mmc/p/272ym8kz

An archive of the webcast will be available for 30 days following the event on Tandem Diabetes Care’s Investor Center website located at http://investor.tandemdiabetes.com in the “Events & Presentations” section.

About Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc. (www.tandemdiabetes.com) is a medical device company dedicated to improving the lives of people with diabetes through relentless innovation and revolutionary customer experience. The Company takes an innovative, user-centric approach to the design, development and commercialization of products for people with diabetes who use insulin. Tandem’s flagship product, the t:slim X2™ insulin pump, is capable of remote software updates using a personal computer and features integrated continuous glucose monitoring, and optional automated insulin delivery technology. Tandem is based in San Diego, California.

Follow Tandem Diabetes Care on Twitter @tandemdiabetes, use #tslimX2 and $TNDM.

Follow Tandem Diabetes Care on Facebook at www.facebook.com/TandemDiabetes.

Follow Tandem Diabetes Care on LinkedIn at www.linkedin.com/company/TandemDiabetes.

Tandem Diabetes Care is a registered trademark and t:slim X2 is a trademark of Tandem Diabetes Care, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005833/en/

Media Contact:

Steve Sabicer

714-907-6264

[email protected]

Investor Contact:

Susan Morrison

858-366-6900 x7005

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Health Medical Devices Diabetes Technology Other Health Software General Health

MEDIA:

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Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2021 Results on February 4, 2021

HILLIARD, Ohio–(BUSINESS WIRE)–
Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading global manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the third quarter ended December 31, 2020 before the market opens on February 4, 2021.

President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on February 4, 2021 at 10:00 a.m. ET to discuss the unaudited results.

Participants may register here for this conference call, or copy and paste the following text into your browser: http://www.directeventreg.com/registration/event/3686447. After registering, participants will receive a confirmation through email, including dial in details and unique conference call codes for entry. Registration is open through the live call. To ensure participants are connected for the full call, please register at least 10 minutes before the start of the call. The live webcast will also be accessible via the “Events Calendar” section of the Company’s Investor Relations website, www.investors.ads-pipe.com. An archived version of the webcast will be available following the call.

About the Company

Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For over 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of approximately 60 manufacturing plants and 30 distribution centers. To learn more about Advanced Drainage Systems, please visit the Company’s website at www.ads-pipe.com.

Forward Looking Statements

Certain statements in this press release may be deemed to be forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “confident” and similar expressions are used to identify these forward-looking statements. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: fluctuations in the price and availability of resins and other raw materials and our ability to pass any increased costs of raw materials on to our customers in a timely manner; volatility in general business and economic conditions in the markets in which we operate, including the adverse impact on the U.S. and global economy of the COVID-19 global pandemic, and the impact of COVID-19 in the near, medium and long-term on our business, results of operations, financial position, liquidity or cash flows, and other limitation factors relating to availability of credit, interest rates, fluctuations in capital and business and consumer confidence; cyclicality and seasonality of the non-residential and residential construction markets and infrastructure spending; the risks of increasing competition in our existing and future markets, including competition from both manufacturers of high performance thermoplastic corrugated pipe and manufacturers of products using alternative materials; uncertainties surrounding the integration of acquisitions and similar transactions, including the recently completed acquisition of Infiltrator Water Technologies and the integration of Infiltrator Water Technologies; our ability to realize the anticipated benefits from the acquisition of Infiltrator Water Technologies; risks that the acquisition of Infiltrator Water Technologies and related transactions may involve unexpected costs, liabilities or delays; our ability to continue to convert current demand for concrete, steel and PVC pipe products into demand for our high performance thermoplastic corrugated pipe and Allied Products; the effect of weather or seasonality; the loss of any of our significant customers; the risks of doing business internationally; our ability to remediate the material weakness in our internal control over financial reporting, including remediation of the control environment for our joint venture affiliate ADS Mexicana, S.A. de C.V. as described in “Item 9A. Controls and Procedures” of our Annual Report on Form 10-K for the year ended March 31, 2020; the risks of conducting a portion of our operations through joint ventures; our ability to expand into new geographic or product markets, including risks associated with new markets and products associated with our recent acquisition of Infiltrator Water Technologies; our ability to achieve the acquisition component of our growth strategy; the risk associated with manufacturing processes; our ability to manage our assets; the risks associated with our product warranties; our ability to manage our supply purchasing and customer credit policies; the risks associated with our self-insured programs; our ability to control labor costs and to attract, train and retain highly-qualified employees and key personnel; our ability to protect our intellectual property rights; changes in laws and regulations, including environmental laws and regulations; our ability to project product mix; the risks associated with our current levels of indebtedness, including borrowings under our new Credit Agreement; the nature, cost and outcome of any future litigation and other legal proceedings, including any such proceedings related to our acquisition of Infiltrator Water Technologies, as may be instituted against the Company and others; fluctuations in our effective tax rate, including from the Tax Cuts and Jobs Act of 2017; changes to our operating results, cash flows and financial condition attributable to the Tax Cuts and Jobs Act of 2017; our ability to meet future capital requirements and fund our liquidity needs; the risk that additional information may arise that would require the Company to make additional adjustments or revisions or to restate the financial statements and other financial data for certain prior periods and any future periods; any delay in the filing of any filings with the Securities and Exchange Commission (“SEC”); the review of potential weaknesses or deficiencies in the Company’s disclosure controls and procedures, and discovering weaknesses of which we are not currently aware or which have not been detected; additional uncertainties related to accounting issues generally and the other risks and uncertainties described in the Company’s filings with the SEC. New risks and uncertainties emerge from time to time and it is not possible for the Company to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the Company’s expectations, objectives or plans will be achieved in the timeframe anticipated or at all. Investors are cautioned not to place undue reliance on the Company’s forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005804/en/

Michael Higgins

VP, Corporate Strategy & Investor Relations

(614) 658-0050

[email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Engineering Utilities Manufacturing Energy Construction & Property Building Systems

MEDIA:

Posted on January 19, 2021 4:09 pm

Independence Realty Trust Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Dates

Independence Realty Trust Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Dates

PHILADELPHIA–(BUSINESS WIRE)–
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it expects to release its fourth quarter and full year 2020 financial results after market close on Wednesday, February 10, 2021, and will hold its quarterly and full year results conference call on Thursday, February 11, 2021 at 9:00 a.m. Eastern Time.

The live conference call can be accessed from the investor relations section of the IRT website at investors.irtliving.com or by dialing 1.833.789.1330. A replay of the conference call will be available shortly following the live call on the investor relations section of IRT’s website and telephonically until Thursday, February 18, 2021 by dialing 1.800.585.8367, access code 9394295.

About Independence Realty Trust, Inc.

Independence Realty Trust (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT’s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Company’s website www.irtliving.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006027/en/

Independence Realty Trust, Inc.

Edelman Financial Communications & Capital Markets

Ted McHugh and Lauren Torres

917-365-7979

[email protected]

KEYWORDS: Pennsylvania United States North America

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

MEDIA:

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Domo Achieves Premier Status in Snowflake Partner Connect Program

Domo’s new powerful and easy-to-use federated connector with write-back capabilities now Snowflake certified

SILICON SLOPES, Utah–(BUSINESS WIRE)–Domo (Nasdaq: DOMO) today announced that it has achieved Premier status in Snowflake’s Partner Connect Program. As part of this milestone, Domo’s new high-speed federated connector, originally announced in June 2020, is now certified for Snowflake’s platform. This new native connector offers customers an even easier and quicker way to query and write back to data sets in Snowflake, as well as manage their entire data ecosystem.

Inside Snowflake’s Data Cloud, organizations unite their siloed data, easily discover and securely share governed data, and execute diverse analytic workloads. Since Domo and Snowflake’s initial partnership announcement in October 2019, the two companies have worked closely together to offer joint customers the flexibility, scalability and security needed to get more leverage from massive amounts of data no matter where that data lives.

“Domo was created with the belief that data could be consumable and actionable no matter where it lives. Though Snowflake’s certification of our federated connector, customers can easily leverage Domo’s powerful modern BI platform on top of Snowflake to distribute actionable insights to business decision makers across any organization,” said Ian Tickle, chief revenue officer, Domo. “We’re delighted to have achieved Premier status in the Snowflake Partner Connect Program and excited to help customers leverage all of their data at massive scale and in record time.”

For mutual customers, Domo’s federated connector offers the flexibility and capacity needed to make any size of Snowflake data rapidly available and actionable for all business decision makers. The native connectivity between Domo and Snowflake allows data logic to remain in-tact within Snowflake, and further reduces the burden on taxed IT data professionals.

“The Snowflake Partner Connect Program is only as strong as the partners we have as a part of our ecosystem, and we’re excited to certify Domo as a Premier partner,” said Colleen Kapase, VP of Global Alliances at Snowflake. “Through the Snowflake and Domo integration, customers can extend the value of massive amounts of data both inside and outside of their organization.”

For more information about how organizations can take full advantage of their Snowflake data with Domo, visit https://www.domo.com/snowflake.

About Domo

Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo, Domo Business Cloud and Domo is the Business Cloud are registered trademarks of Domo, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005981/en/

Cynthia Cowen

[email protected]

KEYWORDS: Utah United States North America

INDUSTRY KEYWORDS: Software Technology Data Management

MEDIA:

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Revance Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NASHVILLE, Tenn.–(BUSINESS WIRE)–
Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, including its investigational neuromodulator product, DaxibotulinumtoxinA for Injection, today announced new hire grants totaling an aggregate of 75,400 inducement restricted stock awards (“RSAs”) to 15 employees. The RSAs vest over four years, with 25% of the underlying shares vesting on each of the four anniversaries of the applicable vesting commencement date, subject to the new employee’s continued service relationship with Revance through the applicable vesting dates.

The Compensation Committee of Revance’s Board of Directors approved the awards as an inducement material to the new employees’ employment in accordance with NASDAQ Listing Rule 5635(c)(4).

About Revance Therapeutics, Inc.

Revance Therapeutics, Inc. is a biotechnology company focused on innovative aesthetic and therapeutic offerings, including its next-generation neuromodulator product, DaxibotulinumtoxinA for Injection. DaxibotulinumtoxinA for Injection combines a proprietary stabilizing peptide excipient with a highly purified botulinum toxin that does not contain human or animal-based components. Revance has successfully completed a Phase 3 program for DaxibotulinumtoxinA for Injection in glabellar (frown) lines and is pursuing U.S. regulatory approval. Revance is also evaluating DaxibotulinumtoxinA for Injection in the full upper face, including glabellar lines, forehead lines and crow’s feet, as well as in two therapeutic indications – cervical dystonia and adult upper limb spasticity. To accompany DaxibotulinumtoxinA for Injection, Revance owns a unique portfolio of premium products and services for U.S. aesthetics practices, including the exclusive U.S. distribution rights to the RHA® Collection of dermal fillers, the first and only range of FDA-approved fillers for correction of dynamic facial wrinkles and folds, and the HintMD fintech platform, which includes integrated smart payment, subscription and loyalty digital services. Revance has also partnered with Viatris (formerly Mylan N.V.) to develop a biosimilar to BOTOX®, which would compete in the existing short-acting neuromodulator marketplace. Revance is dedicated to making a difference by transforming patient experiences. For more information or to join our team visit us at www.revance.com.

“Revance Therapeutics” and the Revance logo are registered trademarks of Revance Therapeutics, Inc.

RHA resilient hyaluronic acid® and RHA® are trademarks of TEOXANE SA.

BOTOX® is a registered trademark of Allergan, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005213/en/

Investors

Revance Therapeutics, Inc.:

Jessica Serra, 626-589-1007

[email protected]

or

Gilmartin Group, LLC.:

Laurence Watts, 619-916-7620

[email protected]

Media

Revance Therapeutics, Inc.:

Sara Fahy, 949-887-4476

[email protected]

or

General Media:

Goodfuse:

Jenifer Slaw, 347-971-0906

[email protected]

or

Trade Media:

Nadine Tosk, 504-453-8344

[email protected]

KEYWORDS: United States North America Tennessee

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health

MEDIA:

Posted on January 19, 2021 4:09 pm

Retail Value Inc. Announces Tax Allocations of 2020 Dividend Distributions

Retail Value Inc. Announces Tax Allocations of 2020 Dividend Distributions

BEACHWOOD, Ohio–(BUSINESS WIRE)–
On January 19, 2021, Retail Value Inc. (NYSE:RVI) announced the tax allocations of 2020 distributions on its common shares.

The full amount of the distribution declared in 2020 will be allocated to the 2021 distribution requirement due to transactions that closed after the dividend declaration date but before year end. As a result, the entire January 12, 2021 distribution will be reported on the Form 1099-DIV issued in regards to the 2021 tax year and there will be no Form 1099-DIV issued in regards to the 2020 tax year.

About RVI

RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on realizing value in its business through operations and sales of its assets. Additional information about RVI is available at www.retailvalueinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006072/en/

Christa Vesy, EVP and Chief Financial Officer

216-755-5500

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Department Stores Other Retail REIT Supermarket Specialty Convenience Store Retail Residential Building & Real Estate

MEDIA:

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