IIROC Trading Resumption – HAW.P

Canada NewsWire

VANCOUVER, BC, Jan. 11, 2021 /CNW/ – Trading resumes in:

Company: HAW Capital 2 Corp.

TSX-Venture Symbol: HAW.P

All Issues: Yes

Resumption (ET): 9:30 AM1/12/2021

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

WHEATON, Ill.–(BUSINESS WIRE)–
First Trust Energy Income and Growth Fund (the “Fund”) (NYSE American: FEN) has declared the Fund’s regularly scheduled quarterly distribution of $0.30 per share. The distribution will be payable on January 29, 2021, to shareholders of record as of January 25, 2021. The ex-dividend date is expected to be January 22, 2021. The quarterly distribution information for the Fund appears below.

First Trust Energy Income and Growth Fund (FEN):

Distribution per share:

$0.30

Distribution Rate based on the January 8, 2021 NAV of $13.18:

9.10%

Distribution Rate based on the January 8, 2021 closing market price of $11.56:

10.38%

It is anticipated that, due to the tax treatment of cash distributions made by the publicly-traded master limited partnerships (“MLPs”) in which the Fund invests, a portion of distributions the Fund makes to Common Shareholders may consist of a tax-deferred return of capital. The final determination of the source and tax status of all distributions paid in 2021 will be made after the end of 2021 and will be provided on Form 1099-DIV.

The Fund is a non-diversified, closed-end management investment company that seeks a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund’s investment sub-advisor believes offer opportunities for income and growth. The Fund is treated as a regular corporation, or a “C” corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

First Trust Advisors L.P. (“FTA”) is a federally registered investment advisor and serves as the Fund’s investment advisor. FTA and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $171 billion as of December 31, 2020 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

Energy Income Partners, LLC (“EIP”) serves as the Fund’s investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in MLPs and other energy infrastructure securities. EIP is one of the early investment advisors specializing in this area. As of December 31, 2020, EIP managed or supervised approximately $3.8 billion in client assets.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. There can be no assurance that the Fund’s investment objectives will be achieved. The Fund may not be appropriate for all investors.

Principal Risk Factors: The Fund is subject to risks, including the fact that it is a non-diversified closed-end management investment company.

Securities held by a fund, as well as shares of a fund itself, are subject to market fluctuations caused by factors such as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in securities prices. Shares of a fund could decline in value or underperform other investments as a result of the risk of loss associated with these market fluctuations. In addition, local, regional or global events such as war, acts of terrorism, spread of infectious diseases or other public health issues, recessions, or other events could have a significant negative impact on a fund and its investments. Such events may affect certain geographic regions, countries, sectors and industries more significantly than others. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of this COVID-19 pandemic may last for an extended period of time and will continue to impact the economy for the foreseeable future.

Because the Fund is concentrated in securities issued by energy companies, energy sector MLPs and MLP-related entities, it will be more susceptible to adverse economic or regulatory occurrences affecting those industries, including high interest costs, high leverage costs, the effects of economic slowdown, surplus capacity, increased competition, uncertainties concerning the availability of fuel at reasonable prices, the effects of energy conservation policies and other factors.

The Fund’s use of derivatives may result in losses greater than if they had not been used, may require the fund to sell or purchase portfolio securities at inopportune times, may limit the amount of appreciation the Fund can realize on an investment, or may cause the fund to hold a security that it might otherwise sell.

Investment in non-U.S. securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.

Use of leverage can result in additional risk and cost, and can magnify the effect of any losses.

The risks of investing in the fund are spelled out in the shareholder report and other regulatory filings.

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.

The Fund’s daily closing NYSE American price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.

Press Inquiries Jane Doyle 630-765-8775

Analyst Inquiries Jeff Margolin 630-915-6784

Broker Inquiries Jeff Margolin 630-915-6784

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Professional Services Finance

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Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For December 2020

PR Newswire

NEW YORK, Jan. 11, 2021 /PRNewswire/ — Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $79.9 billion as of December 31, 2020, an increase of $3.2 billion from assets under management at November 30, 2020. The increase was due to net inflows of $1.4 billion and market appreciation of $2.2 billion, partially offset by distributions of $419 million. 


Assets Under Management


(unaudited)

 


($ in millions)

 


AUM

 


Net

 


Market

 


AUM


By investment vehicle:


11/30/2020


Flows


 Appreciation


Distributions


12/31/2020

Institutional Accounts:

  Japan Subadvisory

$9,457

$32

$358

($127)

$9,720

  Subadvisory excluding Japan

5,635

67

205

–

5,907

  Advisory

17,348

(295)

575

–

17,628

Total Institutional Accounts

32,440

(196)

1,138

(127)

33,255

Open-end Funds

33,729

812

860

(241)

35,160

Closed-end Funds

10,503

822

219

(51)

11,493

Total AUM


$76,672


$1,438


$2,217


($419)


$79,908

About Cohen & Steers
Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

Cision View original content:http://www.prnewswire.com/news-releases/cohen–steers-announces-preliminary-assets-under-management-and-net-flows-for-december-2020-301205655.html

SOURCE Cohen & Steers, Inc.

Big Cypress Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

MIAMI, FL, Jan. 11, 2021 (GLOBE NEWSWIRE) — Big Cypress Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “BCYPU” beginning on January 12, 2021. Each unit consists of one share of common stock and one-half of one redeemable warrant exercisable to purchase one share of common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of common stock and warrants are expected to be listed on Nasdaq under the symbols “BCYP” and “BCYPW,” respectively. The offering is expected to close on January 14, 2021, subject to customary closing conditions.

Big Cypress Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the Company may pursue a target business in any industry or sector, and in any geographic region, the Company intends to focus its search for prospects within the life sciences industry. The Company is led by Chief Executive Officer, Chief Financial Officer and Director Samuel J. Reich.

Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager of the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 11, 2021. This press release shall 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 state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from Ladenburg Thalmann, Attn: Syndicate Department, 277 Park Avenue, 26th floor, New York, New York 10172, Attn: Syndicate Department, telephone: 1-800-573-2541 or email: [email protected].

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Samuel J. Reich
[email protected]



SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call

PR Newswire

SANTA CLARA, Calif., Jan. 11, 2021 /PRNewswire/ — SVB Financial Group (NASDAQ: SIVB) will report its financial results for the quarter ended December 31, 2020, on Thursday, January 21, 2021 after the close of the stock market.  

The Company will file its quarterly financial results with the SEC via form 8-K and issue an advisory release via newswire containing a link to its full financial results, which will be also posted on the Investor Relations section of its website at www.svb.com. 

Conference call: 
Thursday, January 21, 2021 at 3:00 p.m. Pacific Time

Dial-in information: (833) 494-1484 or (236) 714-2618, Confirmation 9766735

Live audio webcast:  A live audio webcast of the call can be accessed via SVB’s investor relations website at http://ir.svb.com

Replay: An audio replay of the call will be available at http://ir.svb.com for 12 months beginning January 21, 2021

2021 Quarterly Earnings Announcements: The Company expects to release quarterly results for 2021 on the following dates, which are subject to change:



QUARTER



RELEASE DATE

First quarter 2021 results

Thursday April 22, 2021

Second quarter 2021 results

Thursday, July 22, 2021

Third quarter 2021 results

Thursday, October 21, 2021

Fourth quarter and full year 2021 results

Thursday, January 27, 2022

The Company expects to issue an advisory release confirming the date of each quarterly announcement and call approximately 2 weeks prior to the scheduled announcement date.

About SVB Financial Group
For more than 35 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group’s businesses, including Silicon Valley Bank, offer commercial and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Learn more at svb.com.

SVB Financial Group is the holding company for all business units and groups © 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. [SIVB-F]

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SOURCE SVB Financial Group

Atlantic Broadband Launches WiFi Your Way™, Powered by Plume HomePass®

Atlantic Broadband Launches WiFi Your Way™, Powered by Plume HomePass®

Next generation technology delivers phenomenal in-home WiFi experience

QUINCY, Mass.–(BUSINESS WIRE)–Atlantic Broadband, the eighth-largest cable operator in the U.S., today announced that it has launched WiFi Your WayTM, a best-in-class managed home WiFi solution powered by Plume HomePass® that will provide expanded WiFi coverage with enhanced reliability and superfast speed in every area of the home.

The new service, which uses Plume’s cloud-based artificial intelligence (AI) technology and is accessed via the WiFi Your Way App, features:

  • AdaptTMcontinually learns and self-optimizes proactively to deliver greater speed and coverage throughout the home.
  • ControlTMprovides intuitive tools for personalization, allowing the user to set guest and child access controls (including age-appropriate content filters).
  • Speed Test capabilities are built-in so customers can easily monitor internet speed and performance.
  • GuardTM provides best-in-class online security powered by AI that detects and protects in real time. The system halts suspicious activity, blocks ad and malware and quarantines any compromised devices.
  • SenseTM uses WiFi-connected devices to provide whole-home motion awareness in real time for peace of mind and among many use-cases, provides alerts if there is motion when a customer is out of the home.

The WiFi Your Way App (for iOS and Android devices) guides customers through an easy self-installation of SuperPods, which plug into a wall outlet to provide superfast whole-home coverage. The SuperPods work with any Atlantic Broadband gateway or modem. Customers lease the SuperPods rather than purchase them, keeping upfront costs down for customers.

“Home WiFi is the way customers most commonly experience our internet service, so it must be the best it can be,” said Heather McCallion, Vice President of Products and Programming for Atlantic Broadband. “As in-home WiFi becomes increasingly important to our customers, their in-home networks must be reliable, fast and deliver the connectivity they need to work and learn from home. Now, through our partnership with Plume, Atlantic Broadband’s high-capacity, fiber-rich network will be joined with a powerful in-home network to deliver a phenomenal WiFi experience with wall-to-wall coverage, personalized controls and superfast speeds up to 1 Gig.”

“Plume is thrilled to enable Atlantic Broadband to deliver an unparalleled in home experience by providing access to an expanded and highly personalized managed WiFi experience featuring high-speed connectivity, parental controls and guest access, tightly secured devices and more,” said Tyson Marian, Chief Commercial Officer at Plume. “Now more than ever subscribers need access to an expanded set of in-home experiences to enrich their daily lives––by rolling out WiFi Your Way powered by Plume HomePass, Atlantic Broadband has introduced a powerful solution to meet the needs of the ever-changing smart home.”

To learn more about the WiFi Your Way solution powered by Plume HomePass, visit https://atlanticbb.com/support/wifiyourway. To learn about Atlantic Broadband’s Internet, phone and TV offerings for business, visit atlanticbb.com/business.

ABOUT ATLANTIC BROADBAND

Atlantic Broadband, a subsidiary of Cogeco Communications Inc. (TSX: CCA), is the eighth largest cable operator in the United States, based on the number of television service customers served. The company provides its residential and business customers with Internet, TV and Phone services in 11 states: Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Virginia and West Virginia. Atlantic Broadband is headquartered in Quincy, Massachusetts. WiFi Your Way is a registered trademark of Atlantic Broadband.

ABOUT PLUME®

Plume is the creator of the world’s first Consumer Experience Management (CEM) Platform, powered by OpenSync™, which enables the curation and delivery of new Smart Home Services rapidly and at massive scale. The Plume HomePass™ Smart Home Services Suite which includes Plume Adapt™, Guard™, Control™, and Sense™ is managed by the Plume Cloud, a data- and AI-driven cloud controller currently running the largest software-defined network in the world. Plume leverages OpenSync, an open-source framework which comes pre-integrated and supported on the leading silicon and platform SDKs for coordination by the Plume Cloud. Visit www.plume.com and www.opensync.io.

Plume, Powered by Plume HomePass, OpenSync, HomePass, Haystack, SuperPod, Adapt, Guard, Control, and Sense are either trademarks or registered trademarks of Plume Design, Inc. Other company and product names are used for informational purposes only and may be trademarks of their respective owners.

Media

Andrew Walton

Atlantic Broadband

617.786.8800 x102

[email protected]

[email protected]

Andrew Laszacs

Bob Gold & Associates for Plume

+1 310.940.4458

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: VoIP Software Mobile/Wireless Networks Internet Data Management Technology Semiconductor Security Satellite Audio/Video Telecommunications

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Caldwell Securities Ltd. Is Celebrating 40 Years – Est. 1981

TORONTO, Jan. 11, 2021 (GLOBE NEWSWIRE) — Caldwell Securities Ltd. (“CSL”) is turning 40 years old tomorrow! – January 12th, 2021.

As with most entrepreneurial organizations, CSL started with a vision. Our Founder and Chairman, Thomas S. Caldwell, C.M., worked in the 1960’s and early 1970’s in trading and institutional sales with the world’s largest investment firm.

His vision was to create a firm where people could discuss not only their securities, but also their aspirations and concerns with an Advisor who genuinely cared and understood their needs.

We will be celebrating this milestone with a virtual cooking event featuring our Chairman and Chef Kyle McClure from Vantage Venues on Tuesday, January 12 at 6pm (EST). We hope you can join us.

To register for our virtual cooking event, go to www.caldwellsecurities.com

For more information, or to speak with Thomas S. Caldwell, C.M., contact:
Elizabeth Naumovski
Vice President, Marketing
[email protected]



Fluor Awarded Reimbursable Services Contract for North America’s First Small Modular Nuclear Reactor Project by Utah Associated Municipal Power Systems (UAMPS)

Fluor Awarded Reimbursable Services Contract for North America’s First Small Modular Nuclear Reactor Project by Utah Associated Municipal Power Systems (UAMPS)

Fluor’s NuScale Power also signs development cost reimbursement agreement with UAMPS

IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that Utah Associated Municipal Power Systems (UAMPS) awarded the company a cost-reimbursable development agreement to provide estimating, development, design and engineering services for its Carbon-Free Power Project. Fluor will book the initial undisclosed value in the first quarter of 2021 and as it accrues.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210111006008/en/

A futuristic rendering of the NuScale Power plant (Photo: Business Wire)

A futuristic rendering of the NuScale Power plant (Photo: Business Wire)

“Fluor’s development agreement with UAMPS for its Carbon-Free Power Project is a monumental milestone toward providing clean load following, base load energy for UAMPS members using NuScale Power’s unique small modular reactor design,” said Alan Boeckmann, executive chairman of Fluor. “Fluor has been a preeminent player in the nuclear industry for 70 years and is well positioned to assist UAMPS and the DOE to accomplish their objectives to provide carbon-free energy for its customers and to deploy a commercially viable small modular reactor with safety, security and performance characteristics that exceed the operational capabilities of current certified designs.”

The U.S. Department of Energy (DOE) recently provided UAMPS a multi-year cost-share award for up to $1.355 billion in funding, subject to future year appropriations, to aid in the development of the first small modular nuclear reactor project in the U.S. The DOE funding is intended to mitigate licensing and financial risk and to accelerate commercial deployment schedules in order to meet critical U.S. energy, environment and economic goals.

Fluor has been serving the nuclear industry for more than 70 years including the design and construction support for more than 25 nuclear plants, plus nearly 100 million hours of nuclear operations and maintenance work. Fluor also provides the following nuclear industry services: decontamination and decommissioning, emergency response and recovery, environmental remediation, laboratory management, national security, nuclear power plant support services, site closure management and waste management.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Fluor had revenue of $17.3 billion in 2019 and is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has served its clients for more than 100 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.

#corp

Brian Mershon

Global Media Relations

864.281.6484

Jason Landkamer

Investor Relations

469.398.7222

KEYWORDS: Utah Texas United States North America

INDUSTRY KEYWORDS: Engineering Manufacturing Commercial Building & Real Estate Energy Construction & Property Building Systems Nuclear

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A futuristic rendering of the NuScale Power plant (Photo: Business Wire)

SWI SECURITIES FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now

SAN FRANCISCO, Jan. 11, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges SolarWinds Corporation (NYSE: SWI) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.

Class Period: Feb. 24, 2020 – Dec. 15, 2020
Lead Plaintiff Deadline: March 5, 2021
Visit:www.hbsslaw.com/investor-fraud/SWI
Contact An Attorney Now:[email protected]
                                          844-916-0895

SolarWinds Corporation (SWI) Securities Fraud Class Action:

The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed that: (1) since mid-2020, SolarWinds’ Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password; and (3) consequently, SolarWinds’ customers, including the Federal Government, Microsoft, Cisco, and Nvidia, were vulnerable to hacks.

Investors allegedly began to learn the truth on Dec. 13, 2020 when Reuters reported Russian hackers had infiltrated the U.S. Treasury and Commerce departments’ systems by tampering with SolarWinds updates.

Then, on Dec. 14, 2020 SolarWinds confirmed the vulnerability was inserted in its Orion monitoring products and existed in updates released between March and June 2020.

On Dec. 15, 2020, Reuters reported that (1) a security researcher alerted SolarWinds last year that anyone could access the company’s update server by using the password “solarwinds123,” and (2) a cyber security expert noticed that even days after SolarWinds knew their software was compromised the malicious updates were still available for download.

Significantly, shortly before these events unfolded and caused SolarWinds shares to crater, two investors controlling a majority of SolarWinds’ board of directors sold $285 million of SolarWinds shares.

“We’re focused on proving that SolarWinds knew about the security vulnerabilities before disclosing them,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you are a SolarWinds investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding SolarWinds Corporation should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].


About Hagens Berman


Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:

Reed Kathrein, 844-916-0895



Acorda Therapeutics to Present at H.C. Wainwright BIOCONNECT Virtual Conference

Acorda Therapeutics to Present at H.C. Wainwright BIOCONNECT Virtual Conference

ARDSLEY, N.Y.–(BUSINESS WIRE)–
Acorda Therapeutics, Inc. (NASDAQ: ACOR) announced that Ron Cohen, M.D., President and Chief Executive Officer, will present during the January 11th -14th H.C. Wainwright BIOCONNECT Virtual Conference. An audio webcast of the presentation can be accessed under “Investor Events” in the Investor section of the Acorda website at www.acorda.com.

For more information about the conference, please visit the event website at www.hcwevents.com/bioconnect.

About Acorda Therapeutics

Acorda Therapeutics develops therapies to restore function and improve the lives of people with neurological disorders. INBRIJA® (levodopa inhalation powder) is approved for intermittent treatment of OFF episodes in adults with Parkinson’s disease treated with carbidopa/levodopa. INBRIJA is not to be used by patients who take or have taken a nonselective monoamine oxidase inhibitor such as phenelzine or tranylcypromine within the last two weeks. INBRIJA utilizes Acorda’s innovative ARCUS® pulmonary delivery system, a technology platform designed to deliver medication through inhalation. Acorda also markets the branded AMPYRA® (dalfampridine) Extended Release Tablets, 10 mg.

Forward-Looking Statements

This press release includes forward-looking statements. All statements, other than statements of historical facts, regarding management’s expectations, beliefs, goals, plans or prospects should be considered forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including: we may not be able to successfully market INBRIJA or any other products under development; the COVID-19 pandemic, including related quarantines and travel restrictions, and the potential for the illness to affect our employees or consultants or those that work for other companies we rely upon, could have a material adverse effect on our business operations or product sales; our ability to raise additional funds to finance our operations, repay outstanding indebtedness or satisfy other obligations, and our ability to control our costs or reduce planned expenditures and take other actions which are necessary for us to continue as a going concern; risks associated with the trading of our common stock and our reverse stock split; risks associated with complex, regulated manufacturing processes for pharmaceuticals, which could affect whether we have sufficient commercial supply of INBRIJA to meet market demand; third party payers (including governmental agencies) may not reimburse for the use of INBRIJA or our other products at acceptable rates or at all and may impose restrictive prior authorization requirements that limit or block prescriptions; competition for INBRIJA, AMPYRA and other products we may develop and market in the future, including increasing competition and accompanying loss of revenues in the U.S. from generic versions of AMPYRA (dalfampridine) following our loss of patent exclusivity; the ability to realize the benefits anticipated from acquisitions, among other reasons because acquired development programs are generally subject to all the risks inherent in the drug development process and our knowledge of the risks specifically relevant to acquired programs generally improves over time; the risk of unfavorable results from future studies of INBRIJA (levodopa inhalation powder) or from our other research and development programs, or any other acquired or in-licensed programs ; the occurrence of adverse safety events with our products; the outcome (by judgment or settlement) and costs of legal, administrative or regulatory proceedings, investigations or inspections, including, without limitation, collective, representative or class action litigation; failure to protect our intellectual property, to defend against the intellectual property claims of others or to obtain third party intellectual property licenses needed for the commercialization of our products; and failure to comply with regulatory requirements could result in adverse action by regulatory agencies. These and other risks are described in greater detail in our filings with the Securities and Exchange Commission. We may not actually achieve the goals or plans described in our forward-looking statements, and investors should not place undue reliance on these statements. Forward-looking statements made in this press release are made only as of the date hereof, and we disclaim any intent or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

Tierney Saccavino

(917) 783-0251

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Biotechnology General Health Pharmaceutical Health

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