Market Newsdesk

BOSTON, Nov. 24, 2020 /PRNewswire/ — Stealth BioTherapeutics Corp (Nasdaq: MITO) (“Stealth” or the “Company”), a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel therapies for diseases involving mitochondrial dysfunction, today announced the closing of its previously announced registered direct offering of 2,844,446 of its American Depositary Shares (“ADSs”), each ADS representing 12 ordinary shares of the Company.  The purchase price for one ADS was $1.125.

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

The gross proceeds from this offering were approximately $3.2 million.

The ADSs described above were offered pursuant to a “shelf” registration statement (File No. 333-237542) filed with the Securities and Exchange Commission (SEC) and declared effective on April 10, 2020. The ADSs were offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the offering of the ADSs were filed with the SEC on November 20, 2020. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering of ADSs may be obtained on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by e-mail: [email protected] or by telephone: (646) 975-6996.

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

About Stealth

We are a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel therapies for diseases involving mitochondrial dysfunction. Mitochondria, found in nearly every cell in the body, are the body’s main source of energy production and are critical for normal organ function.

Investor Relations 

Stern Investor Relations
Janhavi Mohite, 212-362-1200
[email protected]

View original content to download multimedia:http://www.prnewswire.com/news-releases/stealth-biotherapeutics-announces-closing-of-3-2-million-registered-direct-offering-301180012.html

SOURCE Stealth BioTherapeutics Inc.

Agreement includes f
ragrances compliant with the U.S. EPA Safer Choice program for more environmentally preferred “green” cleaning formulations.

DOWNERS GROVE, Ill., Nov. 24, 2020 /PRNewswire/ — Univar Solutions Inc. (NYSE: UNVR) (“Univar Solutions” or “the Company”), a global chemical and ingredient distributor and provider of value-added services, announced today an agreement with Arylessence, Inc. (“Arylessence”) to distribute Arylessence fragrances for selected product formats in the United States and Canada. The fragrance products expand Univar Solutions‘ portfolio of homecare and industrial cleaning (HIC) chemistries from premier specialty ingredients suppliers across the globe.

“We are extremely pleased to partner with Arylessence and appreciate the trust they have placed in Univar Solutions and our dedicated homecare and industrial cleaning solutions team,” said Aaron Lee, business director of homecare and industrial cleaning for Univar Solutions. “As a leading distributor of specialty chemicals in the HIC industry, we know that more environmentally preferred fragrances and sensory experiences are a significant part of a brand’s essence. The addition of this Arylessence line of fragrances to our extensive portfolio will help provide our customers across the United States and Canada with a full-service, one-stop-shop experience.”

This collaboration features Arylessence fragrances that are tested and approved for use in a variety of products for household, industrial, and hospitality cleaning, with uses ranging from dish soaps and detergents to air fresheners and car washes.

“Arylessence and Univar Solutions are customer solutions-oriented companies. Their portfolio and sensory strategy align with our strategy to expand our solutions for homecare and industrial cleaning manufacturers by partnering with leading suppliers dedicated to innovation, quality, and applications expertise,” said Bill Perry, senior product manager of HIC for Univar Solutions. “We look forward to this new addition to our best-in-class portfolio, as well as leveraging our geographic reach, sales, service, and technical formulation capabilities, helping accelerate and grow our businesses together.”

As part of the agreement, Univar Solutions will also carry a full line of Arylessence fragrances, which are compliant with the U.S. EPA Safer Choice program that supports consumer desire for environmentally preferred “green” cleaning formulations.

“Fragrance is a key differentiator for brands. We are built on the principles of people, resources, and support to help grow brands and the long-term success of businesses. We are excited to begin this new, unique partnership with Univar Solutions as our sole distributor of Arylessence Signature Fragrances for the homecare and industrial cleaning market. We expect even more customers will experience value and growth with the effective, safe, and innovative fragrance solutions for cleaning applications offered through our collaboration,” said Geoff Gotsch, sales director for Arylessence.

About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world’s leading producers. With the industry’s largest private transportation fleet and North American sales force, unparalleled logistics know-how, deep market and regulatory knowledge, world-class formulation and recipe development, and leading digital tools the company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. Univar Solutions is committed to helping customers and suppliers innovate and grow together. Learn more at UnivarSolutions.com.

About Arylessence
Arylessence, Inc. is an industry leading fragrance and flavor manufacturer in Marietta, Georgia. Their commitment to ensuring socially and environmentally responsible practices, including sourcing of ingredients and fragrances, helped lead them to seek SQF’s Ethical Sourcing Certification in 2015.  Arylessence is committed to responsible practices and believes Ethical Sourcing is a key component in responsible production worldwide.

Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company’s control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company’s filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “plan,” “seek, “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.

View original content to download multimedia:http://www.prnewswire.com/news-releases/univar-solutions-and-arylessence-announce-new-exclusive-distribution-agreement-in-the-united-states-and-canada-301180109.html

SOURCE Univar Solutions Inc.

BATON ROUGE, La., Nov. 24, 2020 /PRNewswire/ — Entergy Louisiana, LLC has completed the purchase of the Washington Parish Energy Center, an approximately 361-megawatt facility that will deliver a modern, cost-effective, low-carbon and reliable source of power to the company’s grid.

Constructed by a subsidiary of Calpine Corporation, the natural gas-powered plant is located near Bogalusa and will operate as a peaking facility.

“We continue to seek opportunities to add to our clean-energy portfolio, and the Washington Parish Energy Center is another step in us meeting those goals,” said Phillip May, Entergy Louisiana president and CEO. “The plant also helps ensure we continue to deliver reliable power to our customers at some of the lowest rates in the country.”

On April 21, 2017, Entergy Louisiana and Calpine signed a plant purchase and sale agreement, which was unanimously approved by the Louisiana Public Service Commission. The total cost of the plant is approximately $261 million.   

The unit will provide Entergy Louisiana with needed peaking and reserve generating capacity. The company currently depends upon older, less efficient natural gas-powered plants to help meet peak demand, but start-up times make them less effective as peaking resources. Modern combustion turbines like the two in Washington Parish are specifically designed to start and ramp up quickly to meet customers’ immediate energy needs.

“We extend our thanks to Entergy Louisiana for being a valued partner during the development and construction of this facility,” said Caleb Stephenson, Calpine executive vice president and co-head, commercial operations. “This project demonstrates Calpine’s commitment to develop and deliver commercial solutions for our utility customers, and we look forward to working with Entergy again.”

Entergy Louisiana, LLC provides electric service to more than 1 million customers and natural gas service to more than 93,000 customers in the greater Baton Rouge area. It has operations in southern, central and northern Louisiana. It is a subsidiary of Entergy Corporation, an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including 8,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees.

entergylouisiana.com 
facebook.com/EntergyLA 
Twitter: @EntergyLA

View original content to download multimedia:http://www.prnewswire.com/news-releases/entergy-louisiana-acquires-washington-parish-energy-center-301180110.html

SOURCE Entergy Corporation

WILMINGTON, Del., Nov. 24, 2020 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, James C. Collins, Jr., will speak at the Citi Basic Materials Virtual Conference at 1:00 p.m. Eastern Time on Wednesday, December 2, 2020.

Remarks will be webcast live, with a replay available following the event through December 2, 2021. Registration for the webcast and related materials can be accessed through the Corteva Investor Relations website.

About Corteva Agriscience
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the Company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.

Follow Corteva on Facebook, Instagram, LinkedIn, Twitter and YouTube.

View original content to download multimedia:http://www.prnewswire.com/news-releases/corteva-to-participate-in-citi-basic-materials-virtual-conference-301179775.html

SOURCE Corteva, Inc.

TORONTO, Nov. 24, 2020 /PRNewswire/ – Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) (“RBI”) announced today that the company will participate virtually in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2020 at 3:00 pm Eastern Time.

A live audio webcast will be available on the company’s investor relations website (http://investor.rbi.com), and will be available for 30 days following the event.

About Restaurant Brands International Inc.

Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with approximately $31 billion in annual system-wide sales and over 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.

View original content to download multimedia:http://www.prnewswire.com/news-releases/restaurant-brands-international-inc-announces-participation-at-upcoming-investor-conference-301180033.html

SOURCE Restaurant Brands International Inc.

DENVER, Nov. 24, 2020 /PRNewswire/ — Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate virtually in Credit Suisse’s 8^th Annual Global Industrials Conference on Wednesday, December 2, 2020.

About Gates Industrial Corporation plc
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment (“first-fit”) manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in 128 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.

View original content to download multimedia:http://www.prnewswire.com/news-releases/gates-industrial-to-participate-in-credit-suisses-8th-annual-global-industrials-conference-301180086.html

SOURCE Gates Industrial Corporation plc