Tag: LLC

Proteostasis Therapeutics Announces Closing of Follow-On Public Offering of Common Stock

CAMBRIDGE, Mass., Sept. 14, 2016 (GLOBE NEWSWIRE) — Proteostasis Therapeutics, Inc. (NASDAQ:PTI), a biopharmaceutical company developing small molecule therapeutics to treat diseases caused by dysfunctional protein processing such as cystic fibrosis, today announced the closing of its follow-on public offering of 5,000,000 shares of its common stock at a public offering price of $13.00 per share, before the underwriting discount. All of the shares sold were offered by Proteostasis Therapeutics, Inc. The gross proceeds from the offering are $65 million, before deducting the underwriting discount and expenses associated with the offering payable by the company. In addition, the company has granted

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Aspen Group Reports 62% Increase in Revenue for First Quarter Fiscal 2017, Gross Margin Increases 1,500 Basis Points

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Aspen Group, Inc. (OTCQB:ASPU) (“Aspen”), a nationally accredited online post-secondary education company (Aspen University), today announced financial results for its 2017 fiscal first quarter ended July 31, 2016. The Company will host a conference call to discuss its financial results on Wednesday, September 14, 2016, at 5:00 p.m. (ET).  “Aspen just recorded its highest enrollment quarter in the company’s history, all during our seasonally slowest summer period, which is a testament to the strength of our ‘pay-as-you-go,’ debtless education business model.  Our conversion rate increased to a record 11.2% in the quarter

Immune Design Announces Proposed Public Offering of Common Stock

SEATTLE and SOUTH SAN FRANCISCO, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Immune Design Corp. (Nasdaq:IMDZ) announced today that it plans to offer and sell shares of its common stock in an underwritten public offering. All of the shares in the proposed offering are to be sold by Immune Design. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. Jefferies LLC, Leerink Partners LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the

U.S. Global Investors Reports Financial Results for Fiscal Year 2016

San Antonio, TX, Sept. 14, 2016 (GLOBE NEWSWIRE) — For Immediate Release U.S. Global Investors Reports Financial Results for Fiscal Year 2016 Continuing Dividends and Share Repurchase Program ************************************************************************ SAN ANTONIO-September 14, 2016 –U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.7 million, or $(0.24) per share, on operating revenues of $5.5 million for the fiscal year ended June 30, 2016. For the fiscal year 2015, U.S. Global Investors recorded a net loss of $4.0 million, or $(0.26) per share, on

PDC Energy Closes Common Stock and Convertible Senior Notes Offerings

DENVER, Sept. 14, 2016 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has closed its previously announced concurrent underwritten public offerings of (i) 9,085,000 shares of its common stock (the “common stock”), which number of shares includes 1,185,000 shares issued pursuant to the exercise of the underwriters’ overallotment option, and (ii) $200 million aggregate principal amount of its convertible senior notes due 2021 (the “notes”), which aggregate principal amount includes $25 million issued pursuant to the exercise of the underwriters’ overallotment option. The net proceeds from the common stock offering were approximately $558.8

WAM Capital Announces Investment in Chelsea Management Company

LOS ANGELES, Sept. 14, 2016 (GLOBE NEWSWIRE) — WAM Capital, LLC, an investment entity of WEDBUSH, Inc., is proud to announce that earlier this year, it invested directly into Los Angeles-based Chelsea Management Company. Through this investment, WAM Capital continues to expand and grow WEDBUSH, Inc.’s long and rich history of supporting financial services related companies through equity investments and operational support. Eric Wedbush, President, WEDBUSH, Inc., stated, “We’ve known Fred and his firm for some time now, and the more we discussed, the more we realized that we not only share a similar history, but also a similar mindset

iSectors, LLC to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 14, 2016 (GLOBE NEWSWIRE) —              What: iSectors, LLC, a manager of a suite of exchange-traded fund (ETF)-based asset allocation models, will visit the Nasdaq MarketSite in Times Square in celebrating the recent debut its flagship iSectors® Post-MPT Growth ETF (Nasdaq:PMPT). The actively-managed ETF aims to optimize investor return and minimize the downside risk. In honor of the occasion, Charles H. Self III, Chief Operating Officer and Chief Investment Officer of iSectors and Portfolio Manager for PMPT, will ring the Opening Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast

Extreme Weather Heightens Need for Proper Pool Care

DOYLESTOWN, Pa., Sept. 14, 2016 (GLOBE NEWSWIRE) — When it comes to preparing for extreme weather, homeowners must take special care to protect one of their most valuable assets. Outdoor pools, home spas and the furnishings that go with them are important investments in the overall value of a property, but without diligent care they may actually cost owners more than they anticipated. From floods and droughts to summer heat and winter weather, Mother Nature’s worst requires special attention to pool maintenance. With knowledge of weather threats and a bit of preparation, pool owners can protect their outdoor recreation areas

Rexahn Announces $6 Million Registered Direct Offering

ROCKVILLE, Md., Sept. 14, 2016 (GLOBE NEWSWIRE) — Rexahn Pharmaceuticals, Inc. (NYSE MKT:RNN) today announced it has entered into a definitive agreement with institutional investors to purchase 24 million shares of its common stock and warrants exercisable for up to 18 million shares of its common stock for gross proceeds of $6 million.  The shares and warrants are being sold in units, each consisting of one share of common stock and a warrant to purchase 0.75 of a share of common stock, at an offering price of $0.25 per unit. The warrants will be exercisable six months following the date

FXCM Introduces Historical Forex Spreads Data

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — FXCM Inc. (NYSE:FXCM), a leading online provider of forex trading, Contract for Difference (CFD), and related services, released historical data on the lowest average spreads for the most popular currency pairs, exclusively on Standard and Active Trader accounts, featuring No Dealing Desk Execution. Traders now have access to the 2015 Historical Spreads Report, and the FXCM Historical Data Downloader that allows clients to import historical prices from FXCM servers and back-test strategies with up to 10 years of data. 2015 Forex Spreads Highlights In 2015, the average EUR/USD spread for Standard Accounts

International Western Petroleum Completes East Texas Acquisition in Kilgore City

IRVING, Texas, Sept. 14, 2016 (GLOBE NEWSWIRE) — International Western Petroleum, Inc. (OTCQB:INWP), a Texas-based E&P company specializing in the acquisition, development, and exploration of crude oil and natural gas properties, announced today that it has completed an acquisition of a producing oil field in Kilgore, Texas via the Marshall Walden Joint Venture, a partnership with Odyssey Enterprises, LLC. International Western Petroleum is the managing venturer in this joint venture with Odyssey which has financed the joint venture for the lease purchase and optimization of wells located in Kilgore, Texas, in the heart of the famous Woodbine formation. There are

LifeSci Advisors Announces Opening of Office in Tel-Aviv, Israel

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — LifeSci Advisors, a New York-based, life sciences focused investor relations consultancy, is pleased to announce today the opening of an office in Tel-Aviv, Israel.  The establishment of an Israeli office, together with the recent expansion of its European team, reflects LifeSci Advisors’ increasing international focus. Israel was selected as the location for LifeSci Advisors’ newest office due to the firm’s long-standing relationships with numerous companies and investors in Israel, together with Israel’s emergence as one of the world’s leading centers for life sciences. The Tel-Aviv office is being managed by Moran Meir Beres,

Guggenheim Investments Expands its Increasingly Popular BulletShares® Defined-Maturity ETF Product Suite

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the launch of BulletShares 2026 Corporate Bond ETF (NYSE:BSCQ) and Guggenheim BulletShares 2024 High Yield Corporate Bond ETF (NYSE:BSJO) to help advisors and investors build bond laddering strategies consisting of investment-grade and high-yield ETFs with varying terms to maturity. Launched in 2010, the Guggenheim BulletShares lineup consists of 20 unique defined-maturity corporate bond and high yield corporate bond ETFs with more than $7 billion in assets under management. Unlike other fixed-income ETFs, BulletShares are designed to mature

INC Research and CISCRP Announce Finalists for “Inspiring Hope” Ideathon

RALEIGH, N.C., Sept. 14, 2016 (GLOBE NEWSWIRE) — INC Research Holdings, Inc. (Nasdaq:INCR), a leading, global Phase I to IV contract research organization, together with the Center for Information and Study on Clinical Research Participation (CISCRP), a non-profit organization dedicated to engaging the public and patients as partners in the clinical research process, today announced the finalists for the “Inspiring Hope” Ideathon event. In a competition that inspired nearly 70 entries, 14 ideas submitted by teams from around the world have been shortlisted for their potential to help address the critical need to increase awareness of clinical trial participation among

Anavex to Participate in Mizuho Therapeutics Conference

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq:AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases including Alzheimer’s disease, other central nervous system (CNS) diseases, pain and various types of cancer, today announced that Christopher U. Missling, PhD, President and Chief Executive Officer, will participate in Mizuho Therapeutics Conference on Wednesday, September 21, 2016. The conference will be held at the Langham Hotel in Boston, Massachusetts. Investors interested in attending may contact the conference organizers or Anavex Investor Relations. About Anavex Life Sciences Corp.

Fortigen Geneva, LLC Awards Matrix Service EPFC of 20,000 Ton Ammonia Tank

TULSA, Okla., Sept. 14, 2016 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq:MTRX) announced that its subsidiary, Matrix Service Inc. has been awarded the engineering, procurement, fabrication and construction of a 20,000 ton ammonia tank for Fortigen Geneva LLC’s new anhydrous ammonia fertilizer manufacturing plant in Geneva, NE. The plant is Fortigen’s first fertilizer manufacturing facility and will produce 100 tons per day of anhydrous ammonia. This facility will take advantage of the low cost of natural gas and reduced transportation costs to serve some of the most productive crop land in the world. “As we continue to execute our own growth

Epoxy Resin Market Projected To Reach $14.26 Billion By 2024: Grand View Research, Inc.

San Francisco, Sept. 14, 2016 (GLOBE NEWSWIRE) — The global epoxy resin market is expected to reach USD 14.26 billion by 2024, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by end-use industries including automotive, aerospace, transportation, composites, decorative coatings, construction, industrial & marine coatings, electrical & electronics, especially in Asia Pacific. Epoxy resins are the most preferred thermoplastics for manufacturing composite materials owing to their superior properties as compared to other materials. Huge production capacities of epichlorohydrin and bisphenol A, especially in China, ensure consistent raw material supply. However, fluctuating raw

Great Elm Capital Group Proposes Rights Offering

BOSTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — Great Elm Capital Group, Inc. (NASDAQ:GEC), announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed rights offering to holders of its common stock.  If the rights offering is fully subscribed, Great Elm Capital Group expects $45 million of gross proceeds that will be used for general corporate purposes, which may include acquisitions and investments. Upon the effectiveness of the registration statement, Great Elm Capital Group intends to distribute to common stockholders of record as of the record date (which has not yet been determined)

Delta Apparel Completes Sale of Maiden, North Carolina Textile Facility

GREENVILLE, S.C., Sept. 13, 2016 (GLOBE NEWSWIRE) — Delta Apparel, Inc. (NYSE MKT:DLA) today reported that it has completed the sale of its Maiden, North Carolina textile facility and certain assets used in those operations.  The closure of this facility in July 2016 was part of the Company’s previously announced manufacturing realignment aimed at maximizing production at its lower cost facilities, eliminating duplicative fixed costs, and leveraging the latest dyeing and finishing technology available.   The realignment is expected to significantly lower production costs, improve gross margins and ultimately boost operating earnings by an estimated $8 million annually, or approximately $0.70

Agios Announces Proposed Offering of Common Stock

CAMBRIDGE, Mass., Sept. 13, 2016 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (Nasdaq:AGIO) today announced that it is offering to sell, subject to market and other conditions, up to $150 million of its common stock in an underwritten public offering. Agios also intends to grant the underwriters a 30-day option to purchase from it up to an additional $22.5 million of shares. All of the shares in the offering are to be sold by Agios. The proceeds of the offering are expected to be used to fund the company’s clinical and research development activities. The offering is subject to market and