|Bid||2.0200 x 900|
|Ask||2.2000 x 1000|
|Day's range||2.1000 - 2.1500|
|52-week range||1.8000 - 5.5000|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||N/A|
|Earnings date||13 May 2020 - 17 May 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||8.00|
Centric Brands Inc., (NASDAQ: CTRC), a leading lifestyle brands collective, announced today the purchase of the Zac Posen brand and all related intellectual property previously held by Z Spoke, LLC. As part of the transaction, the Company also acquired all existing licenses and collaboration agreements from the predecessor business. The Company is not assuming any liabilities associated with the predecessor business.
Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, granted to Laura Ritchey, as an inducement to accept her appointment as Chief Operating Officer ("COO") of the Company, 400,000 restricted stock units (the "RSUs") with respect to the Company’s common stock, $0.10 par value ("Common Stock"). The grants were made as an inducement award and were not granted under the Company’s 2016 Stock Incentive Compensation Plan (the "2016 Plan"), but are subject to the same terms and conditions as the 2016 Plan.
Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, announces the appointment of Laura Ritchey as Chief Operating Officer, reporting to Mr. Jason Rabin, Chief Executive Officer.
Sequential Brands Group, Inc. (“Sequential” or the “Company”) (SQBG), along with Jessica Simpson, announces a new, multi-year licensing agreement with Centric Brands Inc. to develop, manufacture and distribute the entertainer and entrepreneur's handbag and jewelry collections. “We are thrilled to be working with a powerhouse like Centric Brands on our handbags and jewelry collections,” Simpson said.
Centric Brands Inc. (the “Company”) (CTRC), a leading lifestyle brands collective, formerly Differential Brands Group Inc., today announced that it received a standard notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that, as a result of not having timely filed its annual report on Form 10-K for the year ended December 31, 2018 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission (“SEC”). This notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. Under Nasdaq’s listing rules, the Company has 60 calendar days from the date of the notice, or until June 17, 2019, to submit a plan to regain compliance.