Market Newsdesk

PASADENA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the “Company”), announced that the underwriters of its recent public offering of 7.875% Senior Notes due 2025 (the “Notes”) have fully exercised their overallotment option resulting in the issuance of an additional $9.0 million in principal amount of the Notes. The option was granted in connection with the public offering of $60.0 million in principal amount of the Notes, which closed on October 27, 2020. The Notes trade on the NASDAQ Global Market under the symbol “GFNSZ”.

The exercise of the overallotment option brings the expected total net proceeds of the public offering to $65.8 million, after deducting underwriting discounts and estimated offering fees and expenses payable by the Company. The Company intends to use the net proceeds from the Notes offering to redeem a portion of the $77.4 million principal amount of its 8.125% Senior Notes due July 2021.

D.A. Davidson & Co., B. Riley Securities, Inc. and Janney Montgomery Scott LLC acted as joint book-running managers for the Notes offering. William Blair & Company, National Securities Corporation and Wedbush Securities, Inc. served as co-lead managers for the offering.

The offering was made pursuant to an effective registration statement relating to these securities that has been filed with the Securities and Exchange Commission. The offering was made by means of a prospectus supplement and a related prospectus, copies of which may be obtained on the SEC’s website at www.sec.gov or by contacting:  

D.A. Davidson & Co.
611 Anton Blvd.
Suite 600
Costa Mesa, CA 92626
(800) 332-5915
Email: [email protected]

B. Riley Securities, Inc.
1300 17^th Street North
Suite 1400
Arlington, VA 22209
(703) 312-9580 (collect)
Email: [email protected]

Janney Montgomery Scott LLC
Attention: Syndicate Department
1717 Arch Street
Philadelphia, PA 19103
(215) 665-4450 (collect)
Email: [email protected]

This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities. The Notes may not be sold in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About General Finance Corporation

Headquartered in Pasadena, California, General Finance Corporation (NASDAQ: GFN, www.generalfinance.com) is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions.  Management’s expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Company’s subsidiaries.  The Company’s Asia-Pacific leasing operations in Australia and New Zealand consist of wholly-owned Royal Wolf (www.royalwolf.com.au), the leading provider of portable storage solutions in those regions. The Company’s North America leasing operations consist of wholly-owned subsidiaries Pac-Van, Inc.(www.pacvan.com) and Lone Star Tank Rental Inc. (www.lonestartank.com), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings.  The Company also owns Southern Frac, LLC (www.southernfrac.com), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties (www.southernfabricationspecialties.com), other steel-related products in North America.

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nvestor


Contact

Larry Clark
Financial Profiles, Inc.
[email protected]
310-622-8223

– Event to
showcase
NGM’s multi-therapeutic area p
ipeline
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including its oncology
por
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and Geographic Atrophy and NASH programs
– 

–
Planned presentations
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and
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eading
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ndustry
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–

– F
ireside
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executives from
Merck Research Laboratories
–

SOUTH SAN FRANCISCO, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) —  NGM Biopharmaceuticals, Inc. (NGM) (Nasdaq: NGM), a biotechnology company focused on discovering and developing transformative therapeutics for patients, today announced it will host a virtual R&D Day on December 9, 2020 at 12:00 pm ET.

The R&D Day will highlight NGM’s productive, 100+ researcher-led discovery engine and feature NGM’s pipeline of drug candidates in liver and metabolic diseases (aldafermin and MK-3655), retinal disease (NGM621) and cancer (NGM120 and NGM707). NGM also plans to unveil an additional oncology candidate at the event.

Members of NGM’s management and senior NGM scientists will present the company’s pipeline of programs and the unmet patient needs each aims to address. Guest speakers will include:

• Daniel Von Hoff,
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  .
  D
  .
  , F.A.C.P., Distinguished Professor, The Translational Genomics Research Institute
• Arun Sanyal, M
  .
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  ., Professor, Internal Medicine, Virginia Commonwealth University
• Robert
  Schreiber
  ,
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  .
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  ., Distinguished Professor, Pathology & Immunology, Washington University School of Medicine
• Charles Wykoff
  , M
  .
  D
  .
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  ., Director of Research at Retina Consultants Houston

As part of the event, NGM will host a fireside chat with Roger M. Perlmutter, M.D., Ph.D., President, Merck Research Laboratories, and Dean Y. Li, M.D., Ph.D., Senior Vice President of Discovery Sciences and Translational Medicine, Merck Research Laboratories, to discuss the collaboration between NGM and Merck. The two companies have an ongoing broad, multi-year strategic collaboration to discover, develop and commercialize novel therapies across a wide range of therapeutic areas.

A live webcast of the event will be available at ir.ngmbio.com under ‘Events & Presentations’. A replay of the webcast will be archived on the NGM website for one year following the presentation.

To register for the NGM R&D Day, please sign up here.

About NGM Biopharmaceuticals, Inc.

NGM is a biopharmaceutical company focused on discovering and developing novel therapeutics based on scientific understanding of key biological pathways underlying liver and metabolic diseases, retinal diseases and cancer. We leverage our biology-centric drug discovery approach to uncover novel mechanisms of action and generate proprietary insights that enable us to move rapidly into proof-of-concept studies and deliver potential first-in-class medicines to patients. At NGM, we aspire to operate one of the most productive research and development engines in the biopharmaceutical industry, with multiple programs in clinical development. Visit us at www.ngmbio.com for more information.

Investor Contact: Alex Schwartz [email protected]

Media Contact: Liz Melone [email protected]

Dallas, Nov. 16, 2020 (GLOBE NEWSWIRE) — Armor, a leading global cloud security software provider, announced that it has added cloud security posture management into its flagship product, Armor Anywhere. Combining Armor Anywhere’s robust workload protection and compliance capabilities with cloud security posture management creates a comprehensive solution that protects public cloud environments from both intentional and accidental risks.  

With the increase in cloud adoption, there has been an uptick in security incidents and exposure of sensitive customer and company data. Many of these events are due to avoidable mistakes caused by misconfigurations and the lack of adherence to industry compliance and security standards. Some examples include not encrypting storage buckets, overly permissive security group policies and lack of visibility into an organization’s public cloud assets. For any cloud security solution to be effective, organizations must address both intentional risks, caused by threat actors and accidental risk caused by the cloud user.  Armor Anywhere with cloud security posture management mitigates risk and makes it easy to stay in compliance with policies.  

“The use of public cloud is exploding and it’s increasingly difficult for organizations to manage the complexity of these environments while keeping their data and applications safe from threat actors. Armor Anywhere provides enterprise workload protection with robust threat detection and response capabilities,” said Josh Bosquez, Armor CTO. “With the addition of cloud security posture management, our customers and partners can reduce the unintentional mistakes that often cause data leaks and breaches in their environment and improve their overall security posture and adherence to compliance mandates.” 

 Armor’s cloud security posture management:  

• Provides visibility and the inventorying of a customer’s cloud assets on Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) through a “single-pane-of-glass.”  
• Monitors alignment to security and compliance policies, such as PCI DSS, HIPAA, CIS Benchmark, NIST, GDPR, and more.  
• Identifies security risks and misconfigurations. 
• Provides remediation steps to help organizations correct identified misconfigurations and risks.  

Armor Anywhere with cloud security posture management helps protect against accidental risks:  

• Lack of encryption of databases, storage and application traffic, especially traffic which involves sensitive data. 
• Improper encryption key management, such as not rotating keys regularly. 
• Overly liberal account permissions.     
• Lack of multi-factor authentication protocols enabled for critical system accounts. 
• Misconfigured network connectivity, particularly overly permissive access rules or resources directly accessible from the internet. 

Armor Anywhere
 is used by over 1,500 organizations in 42 countries, providing them with threat detection and response and helping them meet compliance requirements. Armor Anywhere secures workloads wherever they reside: on-premises, or in public, hybrid, private or multi-cloud environments. Armor was recently recognized in the Gartner Market Guide for Managed Detection and Response Services and Gartner Emerging Technologies: Functionality Spectrum for Cloud Workload Protection Platforms. 

About Armor  

Armor is a global cybersecurity software company that simplifies protecting data and applications in private, public, hybrid, or multi-cloud environments. Armor Anywhere provides technology to detect and respond to threats and can be activated in minutes.  Armor also helps organizations comply with major regulatory frameworks and controls. Armor combines workload protection, analytics from cloud-native sources, and other security data to provide unparalleled insight into threats facing organizations. Armor’s cybersecurity experts monitor customer environments 24/7/365 and if an attack takes place, helps customers respond quickly and effectively. Armor protects over 1,500 customers in 42 countries. To learn more, visit  www.armor.com or follow @armor on Twitter. 

Citations 

• Gartner “Market Guide for Managed Detection and Response Services,” Toby Bussa, et al, 2 August 2020. 
• Gartner “Emerging Technologies: Functionality Spectrum for Cloud Workload Protection Platforms,” Lawrence Pingree, 30 July 2020.  
• Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 

 

 

Elizabeth Clarke
Armor
678-361-8684
[email protected]

Leading Racial and Economic Justice Advocate, Dorcas R. Gilmore, Appointed  Independent Director

BALTIMORE, MD, Nov. 16, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Global Boatworks Holdings, Inc.(OTC: GBBT),  (“Global” or “the Company”) today announcedthat it has appointed Dorcas R. Gilmore to its board of directors in the office of Secretary effective immediately. She joins the board as an independent director and becomes one of a series of board members that will be installed over the next couple of months. Gilmore is a recognized lawyer, business and civic leader, and will bring important perspective and experience to the company’s board. She has represented businesses, community organizations, social ventures, and coalitions seeking to promote racial and economic equity in their communities. 

“Dorcas is an outstanding addition to our board.. She has been advising the company since its inception and has been generous in making key introductions as the company needed subject matter experts. She is a deeply influential and highly admired leader with expertise on critical issues related to  underserved communities. Her diverse experience will no doubt benefit the Company and all of our shareholders” said Laurin Leonard, R3 Holdings, Inc., CEO and Co-Founder.                                                                                  

Dorcas R. Gilmore is a racial and economic justice advocate with over twenty years of experience working with national, regional, and local organizations across the U.S. She is a principal of Gilmore Khandhar, LLC, a solidarity economies law firm representing social ventures, investors, and community enterprises creating a more just and equitable economy. Gilmore was an Assistant General Counsel for the NAACP serving as corporate counsel and economic, environmental and climate justice advocacy counsel for the national office and its over 1,000 state and local affiliates across the world. She received the 2012 NAACP Staff Attorney of the Year Award for her work. Gilmore advises national and local organizations on building organizations that directly address structural racism. She began her legal career as a Skadden Fellow and Staff Attorney at the Community Law Center creating a youth business legal services program and representing communities fighting anti-gentrification efforts through negotiating community benefits agreements.  Gilmore is a practitioner and scholar who has directed community equity development law clinics and trained law students at three universities as a Practitioner in Residence and Visiting Associate Professor at American University Washington College of Law, George Washington University Law School, and University of Maryland Carey School of Law.  

Gilmore was a 2012-2013 Wasserstein Public Interest Fellow at Harvard Law School. She is the Immediate Past Chair of the ABA Business Law Section’s Community Economic Development Committee and former Governing Committee member of the ABA Forum on Affordable Housing & Community Development Law. Gilmore is a 2019 Robert Wood Johnson Interdisciplinary Research Leaders Fellow. She is a member of the Board of Directors of the National Black Worker Center Project, co-founder of the Baltimore Action Legal Team and served as a Steering Committee member of the Law for Black Lives. She was a founding member of the Sargent Shriver National Center on Poverty Law’s Racial Justice Institute Advisory Committee.  

Prior to her legal career, Gilmore worked abroad on international economic development efforts as a part of the Dominican Republic’s Presidential Plan Against Poverty. She graduated from Rollins College and the University of Maryland Carey School of Law, where she was a Gilbert & Jaylee Mead Public Interest Scholar.

The Company also announced that it expects to receive approval shortly on its request to change its corporate name to “R3 Holdings, Inc.” and has requested the new ticker symbol “RTHI”. These planned changes are part of the rebranding to accurately reflect the Company’s current and future business focus as a SaaS company that provides a more contextualized criminal background check. 

About Global Boatworks Holdings, Inc. and R3 Holdings, Inc.

Global completed a definitive Share Exchange Agreement with Baltimore, Maryland based R3 Technologies, Inc. on September 23, 2020.R3 Holdings, Inc. is a SaaS company that provides a more contextualized criminal background report and alternative credit score for use by businesses of all sizes and in every industry. R3’s AI-enabled, financial software platform uses proprietary data-driven scoring designed to unlock new valuable information about employees and financial services consumers utilizing a multi-factor algorithm based on 11 factors assessing character, capacity, and current choice. To learn more about R3 Score, visit www.R3Score.com

Forward-Looking Statements

This press release may contain “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this presentation, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of management of R3 Score Technologies, Inc. (the “Company”) concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company’s actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements.  Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Contact:  

[email protected]

Investor Relations Contact:

TraDigital IR
Kevin McGrath
+1-646-418-7002
[email protected]

MJ Clyburn
+1-917-327-6847
[email protected]

Attachment

• Dorcas R. Gilmore