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NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) -- James D. Gerson and Richard A. Krantz (collectively, the “Stockholder Group”), the collective owners of approximately 12.0% of the outstanding voting stock of Evercel, Inc. [OTC Pink: EVRC] (“Evercel” or the “Com...
MIAMI, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] (the “Company”) today announced the successful completion of the sale of its 80.1% stake in Printronix, a worldwide leader in multi‐technology industrial printing solutions, on October 7, 2021. Ever...
Stockholder Group Believes Just Released Unaudited Financial Statements that Show Declining Financial Results and Exorbitant Payments are Further Reason to Put Some Guardrails Around the Company’s CEO and Corona Park Investment Partners by Voting to Add Three Independent Nominees t...
MIAMI, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] (the “Company”) today sent the following letter to shareholders from its Board of Directors in advance of its Annual Meeting on October 7, 2021, urging them to vote on the WHITE proxy card in support o...
Only the BLUE Proxy Card Gives Stockholders the Right to Vote For the Stockholder Group’s Three Proposals, Including to Amend the Bylaws and Appoint New Independent Directors to the Board Notes the Proposed New Directors Have No Preset Agen...
MIAMI, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] (the “Company”) today issued the following statement in response to misstatements contained in James Gerson’s latest statement to the public. Dear Valued Shareholders: As we have written ...
Cautions Stockholders Against Letting Management Divert Attention Away from the Issues Plaguing the Company Urges Stockholders to Vote on the BLUE Proxy Card in FAVOR of All Three of the Stockholder Group’s Proposals to Improve the Company...
MIAMI, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] (the “Company”) today issued the following letter to shareholders from its Board of Directors in advance of its Annual Meeting on October 7, 2021, urging them to vote on the WHITE proxy card in suppor...
MIAMI, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] (the “Company”) today announced that its Board of Directors has approved a new share repurchase authorization of up to $20 million of the Company’s common stock. Under this program, the Company may...
MIAMI, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC Pink: EVRC] today issued the following letter to shareholders, providing an update on the Company’s business as it approaches its Annual Meeting: Dear Valued Shareholders: It has been an active period at Evercel a...
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NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC EXPERT MARKET: EVRC] Evercel, Inc. wishes to clarify its prior press release of February 20, 2024 regarding its Plan of Liquidation and Dissolution. Evercel’s decision to place Evercel’s assets into a liquidating trus...
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Evercel, Inc. [OTC EXPERT MARKET: EVRC] Evercel, Inc. (the “Company”) announced today that it would continue to implement its Plan of Liquidation and Dissolution by making an additional cash liquidating distribution to the Company ...
NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Evercel, Inc. (the “Company”) announced today that, following its initial liquidating distribution to the stockholders of the Company in April of 2023, no additional liquidating distributions would be made to the stockholders of the Compan...