Market Newsdesk

SAN DIEGO, Dec. 01, 2020 (GLOBE NEWSWIRE) — After receiving the highest ever ranking for an additive manufacturer on the Inc. 500 list of fastest growing private companies, GoProto has capitalized on this momentum by expanding even further into the digital manufacturing landscape. By acquiring 3D Systems’ Australian facility, the largest digital manufacturing service bureau in the region, as well as APAC-based 3D scanning and digitizing experts WYSIWYG 3D, GoProto has become the largest digital manufacturer in the Australian market.

Further emphasizing their global reach, GoProto’s North American facility has also installed two new HP 5210 Multi Jet Fusion printers. Adding these two high-productivity 3D printers to their existing six 4200 MJF printers increases their production capacity at that location by approximately 50%.

About the Acquisition
s

As of December 1^st, 2020, GoProto has acquired 3D Systems’ Australian on-demand manufacturing facility, the largest 3D digital manufacturer in the APAC region. Located in Melbourne, Australia and commissioned just 2 years ago, the state-of-the-art facility houses a full range of 3D Systems production-ready 3D printers and a highly experienced management and operations team. This pivotal acquisition will accelerate GoProto’s strategy to become the largest Industry 4.0 player in the Australian market. Simon Marriott, Director at GoProto (ANZ) Pty Ltd. says:

“This acquisition is a significant leap forward in our growth plans for the region with an experienced management team that pioneered the introduction of 3D printing into APAC. The benefits to our manufacturing customers will be significant as they transition to Industry 4.0 and seek to build agile supply chains that are resilient to global influences.”

Earlier in November, GoProto also acquired WYSIWYG 3D to create a unified laser scanning and 3D entity focused on expansion in the digital manufacturing space. WYSIWYG 3D has been providing 3D scanning services since 2003 and will continue to provide the same quality laser scanning, photogrammetry and 3D CAD modelling service under the GoProto banner in Sydney. Shane Rolton, Managing Director at WYSIWYG 3D says:

“
W
e’ve already been working on a number of projects with GoProto. Combining our expertise and resources shortens the time lag between scan data and production, putting ourselves exactly where our customers need us.”

By adding this expertise to GoProto’s already expansive service portfolio, they enable a streamlined solution for every stage of the product development lifecycle, open up new opportunities for their combined customer base, and create a firm foundation for further expansion as an Industry 4.0 leader.

About the new HP 5210 Installations

With the installation of two new HP 5210 Multi Jet Fusion 3D printers at the San Diego, California manufacturing facility, GoProto increases the MJF install base at this location from six HP 4200 MJF printers to a total of eight. And with the HP 5210’s capable of 150% the output of a single 4200 printer, this increases production capacity at this site by approximately 50%. With this, they’ve also upped their build units from 30 to 34, ensuring 24/7 production capability on all eight MultiJet 3D printers.

This increased production capacity demonstrates GoProto’s drive to being a leader in the digital manufacturing space. And, with expanding facilities and capabilities within both Australia as well as North America, a commitment to the benefits of distributed manufacturing and Industry 4.0 principles.

Jesse Lea, President & CEO at GoProto says:

“
The current global supply chain structure has shifted during the pandemic. Companies are looking to minimize their risk in procuring production parts.  With our business model focusing on Industry 4.0 principles, expansion of capacities for domestic rapid manufacturing with the latest technologies and materials and the complete end-to-end service model, GoProto is ideally situated to help our customers with assurance of supply.
”

ABOUT
GoProto

GoProto specializes in quick-turn, on-demand, custom manufacturing. Offering end-to-end solutions for 3D printing / additive manufacturing, CNC machining, sheet metal, cast urethane, injection molding, and finishing. They are a rapid manufacturing company with customer service at their core. They help manufacture parts for product development customers in medical, aerospace, industrial, automotive, and many other industries. They utilize cutting edge technologies, methods, and the very best professionals to deliver 3D printed and conventionally manufactured parts fast, with world-class quality, and at a great value. GoProto’s manufacturing facilities are based in San Diego, California and Melbourne, Australia.

For more information

Please visit www.GoProto.com or our LinkedIn page at https://www.linkedin.com/company/goproto-inc.

Contact Information

For questions or more information on this release, please contact Kristin Mulherin at [email protected] or 503-705-7499. Kristin Mulherin (from AM-Cubed) is an authorized media resource for GoProto.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/daede292-c4ef-4986-b312-78cf2b7b3f5a

LONDON, Dec. 01, 2020 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR, the “Company”), is pleased to announce that its wholly-owned subsidiaries in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) and Kenshaw Electrical Pty Limited (“Kenshaw”), have successfully completed a refinancing of their funding facilities.

J.A. Martin has refinanced its funding lines with a 38% reduction in costs and more flexible terms that will enhance liquidity and ensure there is an appropriate financing platform in place to pursue growth over the next 3 to 5 years. In the meantime, Kenshaw has been able to retire its current working capital facilities out of surplus cash reserves, without compromising the ability to fund future growth.

Executive Chairman and CEO of VivoPower, Kevin Chin, commented, “Over the past 2 years, funding constraints and costs have hampered the ability for J.A. Martin and Kenshaw to fully capture all of their growth opportunities. VivoPower’s credit profile has however been strengthened by the successful oversubscribed equity raise of US$28.75 million completed in October and these are the first steps in reducing the costs and increasing the flexibility of financing facilities across the Company. As a result of stronger than expected interest, we have also accelerated our discussions with potential financiers globally in relation to establishing a proprietary lease finance program for Tembo e-LV B.V. (“Tembo”). We anticipate this will be a standalone, non-recourse facility that will enable Tembo’s customers to lease its light electric vehicles (“LEV”) in a seamless manner. It will be a key differentiator and enabler of LEV sales for Tembo and is consistent with the build out of our sustainable energy solution (“SES”) offering.”

About VivoPower

VivoPower is an international battery technology, electric vehicle, solar and critical power services company whose core purpose is to deliver sustainable energy solutions to its customers. VivoPower is a certified B Corporation and has operations in Australia, Canada, the United States and the United Kingdom.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.

Contact
Investor Relations
[email protected]

Experienced Healthcare Executive Will Expand Company’s Visibility Within the Financial Community

MARIETTA, Ga., Dec. 01, 2020 (GLOBE NEWSWIRE) — MiMedx Group, Inc. (NASDAQ: MDXG) (“MiMedx” or the “Company”), an industry leader in advanced wound care and a therapeutic biologics company, today announced the appointment of Jack Howarth as Senior Vice President of Investor Relations. Mr. Howarth brings to MiMedx 25 years of public relations and financial communications experience and almost 40 years of experience in the medical device and pharmaceutical industry.

“The advanced wound care market is growing and we aim to continue expanding our market leadership, while raising the bar on communicating the nuances of its evolution from a regulatory standpoint. This coupled with our return to Nasdaq and important milestones for our late-stage pipeline, reinforces the need for timely and compelling communications with the investment community,” said Timothy R. Wright, MiMedx Chief Executive Officer. “Jack Howarth brings extensive experience in life science investor relations to MiMedx demonstrating our commitment to communications as a core corporate responsibility.”

“MiMedx is poised to advance the wound-healing category and champion the pressing demands of people with unmet medical needs. It’s a privilege to join at this moment, as the company reemerges – renewing its category leadership and reinforcing the importance of its pipeline of healing products,” said Mr. Howarth.

About Jack Howarth

Mr. Howarth joins MiMedx from Antares Pharmaceuticals, where he served as Vice President, Corporate Affairs. Previously, he served as head of corporate and investor relations at King Pharmaceuticals until the acquisition by Pfizer; and held senior leadership positions in Corporate Affairs at Alpharma, KOS Pharmaceuticals and Elan Corporation. Mr. Howarth also held senior positions in finance and corporate development during his nearly two decades at Warner Lambert Company, until that company was acquired by Pfizer in June of 2000.

Mr. Howarth received his B.S. degree in Accounting from Boston College and M.B.A. in Finance from Seton Hall University. He also earned baccalaureate and post-graduate certificates from the Rutgers Institute of Management and Labor Relations and The Wharton School at the University of Pennsylvania.

About MiMedx

MiMedx^® is an industry leader in advanced wound care and a therapeutic biologics company developing and distributing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare. The Company processes the human placental tissue utilizing its proprietary PURION^® process methodology, among other processes, to produce allografts by employing aseptic processing techniques in addition to terminal sterilization. MiMedx has supplied over 2 million allografts, through both direct and consignment shipments. For additional information, please visit www.mimedx.com.

Contact                                                
Jack Howarth
Investor Relations
770.651.9066
[email protected]

• Transaction
  raises
  BoxVn
  ’s profile
  in
  the
  critical logistics
  and delivery
  industr
  ies

• Deal is valued at $3.1M and BoxVn paid a combination of cash and stock

• Hitra immediately adds revenue and the deal will be accretive to BoxVn in 2021
  

LONDON, Dec. 01, 2020 (GLOBE NEWSWIRE) — BoxVn Limited (OTCPINK:VCEX), an emerging leader in the fast-growing Driver and Light Commercial Vehicle (LCV) supply segment of the logistics industry, is pleased to announce that further to our news release dated November 5th 2020, BoxVn has completed its acquisition of Highway Transport Group Ltd (Hitra). BoxVn leadership views this transaction as transformative for the company. By integrating Hitra’s strengths and capabilities, this deal catapults BoxVn into a key player in the critical, logistics industry. Moreover, this combination gives the company a strategic springboard with which to enhance our growing position in the delivery market.

Transaction
Highlights

• Management and fleet teams will integrate long distance, two-man, white glove, and multi-drop routes into the BoxVn Framework.
• The transaction is valued at $3.1M including payment of $1M in cash and the balance ($2.1M) in VCEX stock to Hitra Managing Director Michael McGovern.
• Hitra deal enhances BoxVn’s growth profile. The combined companies offer the ability to quickly expand existing Hitra partnerships with more vehicles and people.
• The acquisition immediately expands our offerings, could add $1,000,000 in revenue in 2021 and be accretive to BoxVn earnings.
• BoxVn adds best-in-class talent which should lead to complementary synergies in the combined management and technical teams, strengthened by supply chain expertise.

James Gilzean, CEO of BoxVn, said, “We are delighted to welcome the Hitra team into the BoxVn family. We are now more than ever uniquely positioned to capitalize on tremendous growth opportunities in the logistics industry. Combining our fleet and driver management solutions with Hitra’s logistics expertise should have a significant impact in how we grow our business going forward.”

About BoxVn Limited

BoxVn Limited started as a small recruitment business and quickly evolved into a driver and Light Commercial Vehicle (LCV) supply business offering services so unique that it has revolutionized flexible vehicle supply, unemployment and the driver recruitment life cycle to provide a dependable and integral service to one of the biggest and fastest growing sectors in the world, Our core business is the supply of Light Commercial Vehicles to logistics businesses on a flexible and medium-term basis, and is designed to serve logistics businesses and drivers first with a non-traditional approach offering a high-level of service at an affordable price point. For more information, please visit www.boxvn.co.uk.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans,
expectations,
or intentions regarding the future. Such forward-looking statements include, among other things, filing patent applications, product development, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans,
expectations,
or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in BoxVn periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information:
For the Company James Gilzean Managing Director [email protected] +44 (0) 203 553 5353	For Investor Relations Stan Wunderlich Launchpad IR [email protected] 1-800-625-2236

COS COB, Conn., Dec. 01, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the upcoming content releases for Crackle for December.

Crackle linear and VOD networks are available in the U.S. and can be accessed on up to 29 devices and services including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and XBoxOne), Plex, on iOS and Android mobile devices and on desktops at Crackle.com. Crackle is also available in approximately 500,000 hotel rooms in the Marriott Bonvoy chain.

New Crackle


Exclusive Features

Elliot


:


T


he Littlest Reindeer

(
December 1

^st

), Elliot, a small but determined horse, travels to the North Pole to compete for a spot alongside the famous reindeer that pull Santa’s sleigh.

A Reindeer’s Journey

(
December 1

^st

)
, Ailo, a newborn reindeer, embarks on an incredible odyssey with the help of his mother. Narrated by Donald Sutherland and set against the frozen majesty of northern Finland, their journey is an uplifting story for the whole family.

New Crackle Channels


for


December

A Very Crackle Christmas
Channel
(
December
1

^st

), look under the tree and find the brightly packaged Crackle exclusive animated feature Elliot: the Littlest Reindeer, the heartfelt Crackle exclusive A Reindeer’s Journey, laugh along with A Baby for Christmas, and take a deep dive Inside Lego at Christmas.

Unlikely Heroes
Channel
(
December
1

^st

), enjoy the savage hilarity of Teenage Mutant Ninja Turtles, the superhero silliness of The Tick, top-shelf adventure with Turbo Kid, and two-fisted action with The Phantom.

Stream Me Up, Scotty
Channel
(
December
1

^st

), buckle up as you rocket off to save the world in Ender’s Game and destroy alien invaders with Star Trek IV: The Voyage Home, Star Trek: Generations, Star Trek: First Contact, and Star Trek: Nemesis.

Ringmasters Channel
(
December
1

^st

), let the battles begin with Crackle original series Heroes of Lucha Libre, Nacho Libre, the Crackle original documentary Lennox-Lewis: The Untold Story, and explosive boxing documentary Team Khan.

History Lovers
Channel
(
December
1

^st

), feel the cut of the Crackle exclusive Robert the Bruce, the burning intrigue of Pompeii, follow the siren song of the Miles Davis biopic Miles Ahead, and fight the forces of evil with Beyond Valkyrie: Dawn of the Fourth Reich.

New Crackle Spotlight Titles in


December

Ender’s Game

(
December 1

^st

), young Ender Wiggin is recruited by the International Military to lead the fight against the Formics, an insectoid alien race who had previously tried to invade Earth and had inflicted heavy losses on humankind. Starring Harrison Ford, Ben Kingsley, Asa Butterfield, and Hailee Steinfeld.

The Bank Job

(
Decembe
r
1

^st

)
, Martine offers Terry (Jason Statham) a lead on a foolproof bank hit on London’s Baker Street. She targets a roomful of safe deposit boxes worth millions in cash and jewelry along with a treasure trove of dirty secrets.

Arrival

(
December
1

^st

), a linguist (Amy Adams) works with the military to communicate with alien lifeforms after twelve mysterious space crafts appear around the world. The film also stars Jeremy Renner and Forest Whitaker.

Zodiac

(
December
1

^st

), in the late 1960s/early 1970s, a San Francisco cartoonist (Jake Gyllenhaal) becomes an amateur detective obsessed with tracking down the Zodiac Killer, an unidentified individual who terrorizes Northern California with a killing spree. The film also stars Mark Ruffalo and Anthony Edwards.

Babel

(
December
1

^st

), in Babel, a tragic incident involving an American couple in Morocco sparks a chain of events for four families in different countries throughout the world. In the struggle to overcome isolation, fear, and displacement, each character discovers that it is family that ultimately provides solace.

Bewitched

(
December
1

^st

), after a hard day in advertising, Darrin only wants to come home to a normal life. But his wife’s a witch and his mother in law’s a witch who doesn’t approve of his marriage.

Spanglish

(
Dec
e
mber
1

^st

), John Clasky (Adam Sandler) is a devoted dad whose skills as a chef have afforded his family (Téa Leoni, Cloris Leachman) a very upscale life, including a summer home in Malibu and a breathtaking new housekeeper, Flor (Paz Vega), who has recently immigrated to L.A. from Mexico. She is trying to find a better life for her remarkable daughter, Cristina (Shelbie Bruce), who is rapidly embracing the American way of life.

Desperado

(
December
1

^st
), Antonio Banderas, Joaquim De Almeida, Salma Hayek, Cheech Marin, Steve Buscemi and Quentin Tarantino star in this stylish shoot-’em-up described as a south-of-the-border Pulp Fiction. Director Robert Rodriguez follows up his legendary debut film, El Mariachi, with this sexy sequel about a mysterious guitar player (Banderas) searching for vengeance against the men who murdered his girlfriend.

Attack the Block

(
December
1

^st
), from the producers of Shaun of the Dead, Attack the Block is a fast, funny, frightening action adventure movie that pits a teen street gang against an invasion of savage alien monsters. It turns a London housing project into a sci-fi battleground, the low-income apartment complex into a fortress under siege. And it turns a crazy mix of tough street kids into a team of heroes. It’s inner city versus outer space and it’s going to explode.

Wind Chill

(
December
1

^st
), two college students (Emily Blunt and Ashton Holmes) share a ride home for the holidays. When they break down on a deserted stretch of road they’re preyed upon by the ghosts of people who have died there.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT
Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.     

ABOUT CRACKLE
PLUS

Crackle Plus is a video-on-demand (VOD) joint venture formed by Sony Pictures Television and Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE). The company’s consumer facing ad-supported VOD (AVOD) channels include Crackle (U.S. and Canada), Popcornflix, Popcornflix Kids, Truli, Popcornflix Comedy, Frightpix, and Espanolflix. It also owns subscription video-on-demand (SVOD) platform Pivotshare. Crackle Plus reaches over 30 million monthly visitors making it one of the largest AVOD streaming platforms in the U.S. Its content library includes over 80,000 hours of programming.

FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 30, 2020) and uncertainties which could cause actual results to differ from the forward-looking statements. The company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
[email protected]
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
[email protected]
(212) 223-0561

WILMINGTON, Del., Dec. 01, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating Collectors Universe, Inc. (“Collectors”) (NASDAQ GS: CLCT) regarding possible breaches of fiduciary duties and other violations of law related to Collectors’ agreement to be acquired by an investor group led by Nat Turner, D1 Capital Partners L.P., and Cohen Private Ventures, LLC.   Under the terms of the agreement, Collectors’ shareholders will receive $75.25 in cash per share.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-collectors-universe-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com

MONACO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company has entered into an agreement with an unaffiliated third party to sell the SBI Poseidon and SBI Apollo, both Ultramax bulk carriers built in 2016, for approximately $38.4 million in aggregate.  Delivery of the vessels is expected to take place in the first quarter of 2021.

About Scorpio Bulkers Inc.

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turbine installation vessels. The Company has recently sold seven vessels and has contracted to sell thirteen additional vessels, one of which is expected to close in the fourth quarter of 2020 and twelve of which are expected to close in the first half of 2021. Upon the completion of the announced vessel sales, Scorpio Bulkers Inc. will have an operating fleet of 34 vessels consisting of 29 wholly-owned or finance leased drybulk vessels (including 8 Kamsarmax vessels and 21 Ultramax vessels), and five time chartered-in Kamsarmax vessels. In addition to its dry bulk fleet, the Company has signed a letter of intent to enter into a shipbuilding contract with Daewoo Shipbuilding and Marine Engineering Inc. to build a wind turbine installation vessel to be delivered in 2023, with options to build three further similar vessels. The Company’s owned and finance leased fleet will have a total carrying capacity of approximately 1.9 million dwt and all of the Company’s owned and finance leased vessels will have carrying capacities of greater than 60,000 dwt. Additional information about the Company is available on the Company’s website www.scorpiobulkers.com, which is not a part of this press release.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. We undertake no obligation, and specifically decline any obligation, except as required by law, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk vessel capacity, the length and severity of the ongoing novel coronavirus (COVID-19) outbreak, including its effects on demand for dry bulk products and the transportation thereof, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, counterparty performance, ability to obtain financing and the availability of capital resources (including for capital expenditures) and comply with covenants in such financing arrangements, planned capital expenditures, our ability to successfully identify, consummate, integrate and realize the expected benefits from acquisitions and changes to our business strategy, fluctuations in the value of our investments, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

 

Contact:

Scorpio Bulkers Inc.
+377-9798-5715 (Monaco)
+1-646-432-1675 (New York)