SAM earnings call for the period ending March 27, 2021.
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Lightyear Capital LLC ("Lightyear"), Oak HC/FT and Greater Sum Ventures ("GSV") today announced that investment funds affiliated with Lightyear, Oak HC/FT and GSV have completed the sale of Therapy Brands to KKR. Financial terms were not disclosed. Funds affiliated with Lightyear and Oak HC/FT acquired a majority stake in Therapy Brands in July 2018.
BOSTON, May 18, 2021 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, announces that it has filed a class action lawsuit with an expanded class period on behalf of shareholders against Danimer Scientific, Inc. (NYSE: DMNR), formerly known as Live Oak Acquisition Corp. (NYSE: LOAK) and certain of its executives and directors for securities fraud. Investors who purchased Danimer and/or Live Oak shares between October 5, 2020 and May 3, 2021, and who lost money are strongly encouraged to contact Block & Leviton attorneys at (617) 398-5600, via email at email@example.com, or to visit our website for information on the case. The deadline to seek appointment as lead plaintiff is July 13, 2021. On March 20, 2021, the Wall Street Journal published an article entitled “Plastic Straws That Quickly Biodegrade in the Ocean? Not Quite, Scientists Say.” According to the WSJ report, “Nodax breaks down far more quickly than fossil-fuel plastics . . . [but] many claims about Nodax are exaggerated and misleading, according to several experts on biodegradable plastics.” The article quoted an expert in the area who stated that Danimer’s marketing is “sensationalized” and that making broad claims about Nodax’s biodegradability “is not accurate” and is “greenwashing.” On this news, Danimer’s stock price fell $6.43 per share, or approximately 13%, to close at $43.55 on March 22, 2021. Then on April 22, 2021, analyst Spruce Point Capital Management published a report on Danimer, writing, “Another Go Around at Plastic Alternatives with Several Corporate Governance Red Flags: 65%-100% Downside Risk.” In this report, among other things, Spruce Point: (1) alleged that it found “several corporate governance red flags” involving past and current Danimer executives; (2) questioned the independence of Danimer’s scientific research; and (3) wrote that Danimer “has concealed, through numerous website changes and omission of past press releases, a pattern of conflicting and irreconcilable statements on capacity, facility size, and capex costs . . . .” On this news, the stock fell from $25.00 to $22.99 per share, or approximately 8%. On May 4, 2021, Spruce Point issued an update to its earlier report, alleging that it found documents through a Freedom of Information Act request that “show smoking gun evidence of pricing inflation and slackness in capacity” at Danimer. Shares fell another $1.49 per share, or approximately 6.3%. The lawsuit was filed in the U.S. District Court for the Middle District of Georgia. The case is captioned Wilkins v. Danimer Scientific, Inc., et al., No. 1:21-cv-00096-LAG (M.D. Ga.), and has been assigned to the Honorable Leslie Abrams Gardner, located at the C.B. King United States Courthouse, 201 West Broad Avenue, Albany, GA 31701. A related case was filed in the U.S. District Court for the Eastern District of New York before the Honorable Margo K. Brodie, Rosencrants v. Danimer Scientific, Inc., et al., No. 1:21-cv-02708-MKB-RLM. The new Wilkins action extends the class period to fall between October 5, 2020 and May 3, 2021, inclusive. A class has not yet been certified, and until a certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. If you purchased or acquired Danimer and/or Live Oak securities between October 5, 2020 and May 3, 2021 and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at firstname.lastname@example.org, or visit our website. The deadline to seek appointment as lead plaintiff is July 13, 2021. Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets. The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm’s lawyers have recovered billions of dollars for its clients. This notice may constitute attorney advertising. CONTACT:BLOCK & LEVITON LLP260 Franklin St., Suite 1860Boston, MA 02110Phone: (617) 398-5600Email: email@example.comSOURCE: Block & Leviton LLPwww.blockleviton.com
Leicester City manager Brendan Rodgers came back to earth with a bump as a 2-1 defeat by Chelsea on Tuesday left his side's Premier League top-four hopes hanging by a thread. Trailing to a goal by Antonio Rudiger and a Jorginho penalty, Leicester battled until the end with Kelechi Iheanacho pulling a goal back to set up a nervy climax. But Leicester were unable to salvage a point that would have kept them in control of their fate.
The second baseman is back at Globe Life Field with the New York Yankees, who reinstated him from the injured list Tuesday.
FG Pricing Release
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An arbitration decision in America has thrown the all-British contest into doubt.
In an effort to control South Beach party crowds over Memorial Day Weekend, the city of Miami Beach announced Tuesday that it will target traffic congestion, overcrowding at beaches and the renting of vehicles popular among tourists next week through a series of emergency orders.
Two CBS drama series, Evil and SEAL Team, are relocating to Paramount+, the streaming service from ViacomCBS, for their new seasons. Following intense talks, Paramount+ has made deals with Evil and SEAL Team producer CBS Studios. Negotiations for the move of another CBS Studios-produced CBS drama to Paramount+, Clarice, are still ongoing. All three shows […]
Welcome and thank you for joining VIA optronics first-quarter 2021 financial results conference call. Joining me on the call today will be Juergen Eichner, VIA's chief executive officer; and Daniel Juergens, VIA's chief financial officer.
Good morning, everyone, and thank you for joining Ferroglobe's first-quarter 2021 earnings conference call. Joining me today are Marco Levi, our chief executive officer; Benoist Ollivier, Ferroglobe's chief operating officer and deputy chief executive officer; and Gaurav Mehta, our transformation director and EVP of strategy and investor relations; and Jorge Lavin, group controller.
The brand’s new, no-measure bra-fitting app uses artificial intelligence to help recommend styles and the right sizes to shoppers.
Both “Evil” and “SEAL Team” are officially moving off of CBS and heading to streamer Paramount Plus. With the move, “SEAL Team” has officially been renewed for a fifth season. “Evil” was renewed for Season 2 in September 2019 but has yet to air. Variety reported on “SEAL Team” making the move to Paramount Plus […]
Investing regularly, even a small amount, in these five high-growth stocks can generate strong returns over time. The post The 5 Best (UNDER-$30) Canadian Stocks to Buy Right Now appeared first on The Motley Fool Canada.
Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ) ("MindMed" or the "Company"), a leading clinical stage psychedelic medicine company, today announced it has entered into a letter of intent to partner with The Chopra Foundation to educate and build public awareness around the use of psychedelic medicines to treat mental illness, remove outdated stigmas, and ultimately research mental wellbeing approaches that can be used in psychedelic related psychotherapy.
Maximum $100 Million – Closing June 22, 2021CALGARY, Alberta, May 18, 2021 (GLOBE NEWSWIRE) -- Middlefield Group, on behalf of Sustainable Agriculture & Wellness Dividend Fund (the “Fund”), is pleased to announce that it has filed a final prospectus in relation to an initial public offering of units at a price of $10.00 per unit. The maximum amount of the offering is $100 million. The Fund’s investment objectives are to provide holders of units with: (i) stable monthly cash distributions, and (ii) enhanced long-term total return through capital appreciation of the Fund’s investment portfolio through a diversified, actively managed portfolio comprised primarily of dividend paying securities of international issuers focused on, involved in, or that derive a significant portion of their revenue from business models that include major innovations in the agriculture and wellness industries and promote sustainable living and well-being (collectively, “Agriculture & Wellness Issuers”). In addition, the Advisor (as defined below) will integrate environmental, social and governance considerations to complement fundamental analysis in selecting Agriculture & Wellness Issuers it believes have sustainable competitive advantages. The initial target distribution yield for the Fund is 4% per annum based on the original subscription price (or $0.03333 per unit per month or $0.40 per unit per annum). Middlefield Capital Corporation (the “Advisor”) will provide investment management advice to the Fund. Prospective purchasers investing in the Fund have the option of paying for units in cash or by exchanging securities of issuers listed in the final prospectus. Prospective purchasers under the exchange option are required to deposit their exchange eligible securities prior to 5:00 p.m. (Toronto time) on May 25, 2021, in the manner described in the final prospectus. The syndicate of agents is being co-led by CIBC Capital Markets and RBC Capital Markets, and includes Scotiabank, BMO Capital Markets, Canaccord Genuity Corp., TD Securities Inc., iA Private Wealth Inc., National Bank Financial Inc., Raymond James Ltd., Manulife Securities Incorporated, Richardson Wealth Limited, Hampton Securities Limited, Middlefield Capital Corporation, Wellington-Altus Private Wealth Inc., Echelon Wealth Partners Inc. and Research Capital Corporation. For further information, please visit our website at www.middlefield.com or contact Nancy Tham or Michael Bury in our Sales and Marketing Department at 1.888.890.1868. This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from your IIROC registered financial advisor using the contact information for such advisor. Investors should read the prospectus before making an investment decision.
NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Arcimoto Inc. (NASDAQ: FUV) between February 14, 2018 and March 22, 2021, inclusive (the “Class Period”), of the important June 18, 2021 lead plaintiff deadline. SO WHAT: If you purchased Arcimoto securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Arcimoto class action, go to http://www.rosenlegal.com/cases-register-2064.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 18, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the preorders of Arcimoto’s Fun Utility Vehicles (“FUVs”) were fabricated or never completed, with only 19 units delivered out of an alleged preorder of 422; (2) Arcimoto failed to disclose to customers that nearly 100% of its vehicles delivered were under safety recall; (3) Arcimoto’s largest customer, R-Key-Moto, was an undisclosed related party owned by insider FOD Capital, LLC; (4) Arcimoto’s partnership with HULA was an undisclosed related party transaction; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Arcimoto class action, go to http://www.rosenlegal.com/cases-register-2064.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 firstname.lastname@example.org email@example.com firstname.lastname@example.org www.rosenlegal.com
Jimmy Kimmel once again roasted broadcast TV’s decline in his annual monologue as part of the Disney upfront presentation. “Somehow when everyone’s stuck in their houses with nothing to do but watch TV for the past 14 month and we still managed to lose ratings,” Kimmel joked. The ABC late-night host spread the love around […]
"We went out more than a few times," Audrina Patridge said