RHK Capital Team Joins Noble Capital Markets

BOCA RATON, Fla., Feb. 01, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Noble Capital Markets, Inc. (“Noble”) today announces that RHK Capital (“RHK”) and its team of independent advisors and bankers will be joining Noble and will operate under the new name of RHK Noble Capital Markets (“RHK-NCM”). RHK-NCM, led by its principals Bruce Ryan and Richard Kreger, will operate from Westport, Connecticut with additional branch offices expected in Morristown, New Jersey, Scottsdale, Arizona, Palm Beach Gardens, Florida, and Hawaii. The full integration of the RHK team is expected to be completed over the next 30 to 90 days. RHK-NCM will primarily focus on investment banking activities and wealth management services, both traditional and fee-based.

“We are extremely pleased that Bruce Ryan, Richard Kreger and the RHK Capital team are joining Noble,” said Nico Pronk, president and CEO of Noble. “This collaboration adds talented, experienced investment bankers and wealth managers, positioning us to grow our assets under management, clients and geographic breadth. I am confident that the synergies between our two groups will be to the benefit of our collective customers, wealth managers and investment bankers.”

“I have known Nico and Mark (Noble’s Managing Partner Mark Pinvidic) for over 10 years. As we conducted our search for a new broker-dealer platform, and from the very start, we knew that Noble is where our team wanted to land,” said Richard H. Kreger, head of investment banking at RHK-NCM. “When I was on the buy-side, I had a great opportunity to work with Noble as an institutional investor, attend their incredible conferences and network with them; I look forward to advancing the careers of our team in partnership with the incredibly talented Noble team.”

“Noble, under the same management and ownership, has been in the industry just about as long as I have,” added Bruce Ryan. “This is a tough industry to survive, let alone thrive in… Longevity is very meaningful in terms of credibility and integrity. Noble’s innovative channelchek.vercel.app platform will also be a great resource for our team of advisors.”

About RHK Capital

RHK Capital is a pioneer in the revival and re-purpose of the rights offering structure, with additional experience in warrant offerings, IPOs, primary offerings, follow-on offerings, registered directs, confidentially marketed public offerings, private placements, secondaries, exchange offers, mergers and acquisitions, stock and asset sales, restructurings, recapitalization and other related investment banking activities. Richard H. Kreger and Bruce Ryan co-founded RHK Capital. Mr. Kreger has closed hundreds of millions of dollars of financing transactions over his sell-side and buy-side career. Prior to RHK Capital, Richard served in various leadership positions for firms including Source Capital Group, Maxim Group, Midtown Partners and H.C. Wainwright. Mr. Ryan has been in the industry for more than 40 years and has held senior positions in several firms, including Source Capital, Smith Barney and Merrill Lynch. Bruce and his team at RHK have advised and funded several hundred million dollars over the last five years in high-end self-storage RE and will be continuing those efforts at RHK Noble. Bruce has also been active in the pre-IPO markets representing both buyers and sellers. Over the past three decades, he has completed numerous private placements and IPOs as managing underwriter.

About Noble Capital Markets, Inc.

Noble Capital Markets (“Noble”) www.noblecapitalmarkets.com is a research-driven boutique investment bank that has supported small and microcap companies since 1984. As a FINRA and SEC licensed and registered broker-dealer, Noble provides institutional-quality equity research, merchant and investment banking, wealth management and order execution services. In 2005, Noble established NobleCon, an investor conference that has grown substantially over the last decade and a half. In 2018, Noble launched channelchek.vercel.app – an investment community dedicated exclusively to small and micro-cap companies and their industries. Channelchek is tailored to meet the needs of self-directed investors and financial professionals and is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 6,000 emerging growth companies are listed on the site, with growing content including webcasts, industry sector reports, advanced market data and balanced news.

Contact:

contact@noblecapitalmarkets.com or contact@channelchek.vercel.app

Corporate Communications:

InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

CoreCivic Announces 2020 Fourth Quarter Earnings Release and Conference Call Dates

BRENTWOOD, Tenn., Jan. 28, 2021 — CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2020 fourth quarter financial results after the market closes on Wednesday, February 10, 2021.

A live broadcast of CoreCivic’s conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, February 11, 2021, and will be accessible through the Company’s website at www.corecivic.com under the “Events & Presentations” section of the “Investors” page. The live broadcast can also be accessed by dialing 866-248-8441 in the U.S. and Canada, including the confirmation passcode 3061661. An online replay of the call will be archived on our website promptly following the conference call. In addition, there will be a telephonic replay available beginning at 1:00 p.m. central time (2:00 p.m. eastern time) on February 11, 2021, through 1:00 p.m. central time (2:00 p.m. eastern time) on February 19, 2021. To access the telephonic replay, dial 888-203-1112 in the U.S. and Canada. International callers may dial +1 719-457-0820 and enter passcode 3061661.

About CoreCivic

The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are the nation’s largest owner of partnership correctional, detention and residential reentry facilities, and believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. Learn more at www.corecivic.com.

Contact:

Investors: Cameron Hopewell
Managing Director, Investor Relations
(615) 263-3024

Media: Steve Owen
Vice President, Communications
(615) 263-3107

SOURCE: CoreCivic

CoreCivic Establishes New Reentry-Focused Leadership Role

Daren Swenson will serve as Vice President, Reentry Partnerships and Innovation

BRENTWOOD, Tenn. – January 19, 2021 – CoreCivic, Inc. (NYSE: CXW) announced today the creation of a new leadership role dedicated to building on the company’s longstanding efforts to provide innovative, high-quality reentry programming to help tackle America’s recidivism crisis. Daren Swenson will serve as the company’s first Vice President, Reentry Partnerships and Innovation. He previously led CoreCivic Community, which provides residential and nonresidential services to help justice-involved individuals obtain employment, housing, healthcare, mental health and addiction treatment, and family reunification, as they successfully reintegrate into their communities.

“CoreCivic has a strong track record of leadership in the fight against recidivism, including helping those in our care learn the life and vocational skills they need,” said Damon T. Hininger, President and CEO. “From making unprecedented commitments to reentry programming in 2014 to launching our effort to support reentry-friendly public policies in 2017, the creation of this new leadership position is a critical next step in our efforts to take on one of the biggest challenges facing our country.”

In his new role, Swenson will serve as CoreCivic’s top advocate and practitioner for reentry. He will build on the company’s ongoing efforts to cultivate meaningful partnerships with academics, issue experts, policymakers and other organizations dedicated to effective reentry solutions and recidivism-reducing outcomes. He will also work to operationalize innovative programs and best practices learned from these partnerships, as well as share the lessons learned through CoreCivic’s extensive efforts to promote successful reentry programs and policies.

“Having served in this field for nearly 30 years, it’s the greatest opportunity of my career to take on a role dedicated to reentry partnerships and innovation,” said Swenson. “I see the difference our teachers, chaplains, counselors, case managers, officers, monitors and so many others make every day and know that there’s even more we can do to positively impact people as they seek to rejoin their families and communities successfully.”

Swenson holds a bachelor’s degree in psychology and sociology from North Dakota State University, and he has served in numerous roles in secure and community corrections, including as warden of facilities in Oklahoma, Minnesota and Arizona.

“Daren has a broad mandate to continue developing deep relationships with people and organizations dedicated to reducing recidivism and to bring innovative approaches into our facilities,” said Hininger. “We know that the challenges justice-involved individuals face cannot be solved by one organization alone, and we look forward to working closely with partners dedicated to providing the best in reentry.”

CoreCivic is a diversified, government-solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through high-quality corrections and detention management, a network of residential and non-residential alternatives to incarceration to help address America’s recidivism crisis, and government real estate solutions. We are the nation’s largest owner of partnership correctional, detention and residential reentry facilities, and believe we are the largest private owner of real estate used by U.S. government agencies. We have been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. Learn more at www.corecivic.com.

SOURCE: CoreCivic

CoreCivic To Present At Noble Capital Markets’ Seventeenth Annual Investor Conference

NASHVILLE, Tenn. – January 14, 2021 – CoreCivic, Inc. (NYSE: CXW) (the “Company”) announced today that its President and Chief Executive Officer, Damon Hininger, and Chief Financial Officer, David Garfinkle, will present at NobleCon17 – Noble Capital Markets’ Seventeenth Annual Investor Conference on Wednesday, January 20, 2021, at 4:30 p.m. Eastern Standard Time. The conference is virtual, with no cost, obligation or restrictions to attend: www.noblecon17.com.

A high-definition, video webcast of the presentation will be available the following day on the Company’s website, www.corecivic.com, and as part of a complete catalog of presentations to be rebroadcast on Channelchek, channelchek.vercel.app, next month.

About CoreCivic

The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. Learn more at http://www.corecivic.com/.

About Noble Capital Markets, Inc.

Noble Capital Markets (“Noble”) is a research driven boutique investment bank that has supported small & microcap companies since 1984. As a FINRA and SEC licensed and registered broker-dealer Noble provides institutional-quality equity research, merchant and investment banking, wealth management and order execution services. In 2005, Noble established NobleCon, an investor conference that has grown substantially over the last decade+. In 2018 Noble launched channelchek.vercel.app – an investment community dedicated exclusively to small and micro-cap companies and their industries. Channelchek is tailored to meet the needs of self-directed investors and financial professionals and is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 6,000 emerging growth companies are listed on the site, with growing content including webcasts, industry sector reports, advanced market data and balanced news.

Contact:

Investors: Cameron Hopewell – Managing Director, Investor Relations – (615) 263-3024
Media: Steve Owen – Vice President, Communications – (615) 263-3107

SOURCE: CoreCivic

ProPhase Labs to Present at the NobleCon17 Annual Small & Microcap Investor Conference on Tuesday, January 19, 2021 at 12:45 p.m. Eastern Time

Company Exceeding Near Term Goals & Expands 2021 Testing Capacity
Surpasses Targeted $30 Net Profit Margin Per COVID-19 Test

GARDEN CITY, NY, January 11, 2021 — ProPhase Labs, Inc. (NASDAQ: PRPH) (“ProPhase Labs”), a diversified medical science and technology company, today announced that management will present at the NobleCon17 Annual Small & Microcap Investor Conference taking place January 19th – 20th, 2021.

ProPhase Labs CEO Ted Karkus is scheduled to host a virtual presentation during the conference and will also participate in one-on-one meetings throughout the day. Management will highlight its newly formed subsidiary, ProPhase Diagnostics, which operates a Clinical Laboratory Improvement Amendments (“CLIA”) accredited laboratory in Old Bridge, New Jersey, and recently entered into a lease for a new 25,000 square foot COVID-19 testing facility in Garden City, New York.

Ted Karkus, CEO of ProPhase Labs, stated: “I am excited to report new testing metrics at NobleCon17 with our anticipated launch of additional COVID-19 testing services from our newly acquired lab in Garden City, New York later this month. Interest and demand for our lab processing services has been high, motivating us to build our second lab with capacity to be able to process up to 50,000 COVID-19 tests per day by next month. This capacity is in addition to our successful ramp up of our first lab in New Jersey. We look forward to sharing more on our developing story during our formal presentation and with new investors throughout the conference,” concluded Karkus.

NobleCon17 Annual Small & Microcap Investor Conference

Date: Tuesday, January 19, 2021
Time: 12:45 p.m. EST, 9:45 a.m. PST
Webcast: https://www.nobleconference.com/register/investor-guest – Track 1
Replay: https://noble.mediasite.com/Mediasite/Play/0ea17b2d55f043578d885999a363abf21d – Track 1
Location: Virtual

A replay of the webcast will be available at the replay link above approximately 24 hours following the live presentation and will also be available in the company’s new investor relations section here.

For more information or to schedule a one-on-one meeting with ProPhase Labs management, please contact your conference representative or you may also email your request to PRPH@mzgroup.us or call Chris Tyson at (949) 491-8235.

About Noble Capital Markets, Inc.

Noble Capital Markets (“Noble”) is a research driven boutique investment bank that has supported small & microcap companies since 1984. As a FINRA and SEC licensed and registered broker-dealer Noble provides institutional-quality equity research, merchant and investment banking, wealth management and order execution services. In 2005, Noble established NobleCon, an investor conference that has grown substantially over the last decade+. In 2018 Noble launched channelchek.vercel.app – an investment community dedicated exclusively to small and micro-cap companies and their industries. Channelchek is tailored to meet the needs of self-directed investors and financial professionals and is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 6,000 emerging growth companies are listed on the site, with growing content including webcasts, industry sector reports, advanced market data and balanced news.

About ProPhase Labs

ProPhase Labs (NASDAQ: PRPH) is a diversified medical science and technology company with deep experience with OTC consumer healthcare products and dietary supplements. Its dietary supplement line of products, TK Supplements, has extensive distribution in major FDM (Food, Drug and Mass) retailers including Walmart, Walgreens, CVS and RITE-AID. The Company’s recently formed wholly-owned subsidiary, ProPhase Diagnostics, Inc., is a rapidly developing CLIA laboratory business that offers COVID-19 and other Respiratory Pathogen Panel (RPP) testing services. ProPhase Labs is dedicated to creating sustainable value for shareholders over the long-term through growth of its existing businesses. It is also continuing to explore strategic investments and additional acquisition opportunities. For more information visit us at www.ProPhaselabs.com.

Investor Contact:
Chris Tyson
Managing Director
MZ Group – MZ North America
949-491-8235

PRPH@mzgroup.us
www.mzgroup.us

Source: ProPhase Labs, Inc.

CoreCivic Announces the Sale of 42 Non-Core Government Leased Properties for $106.5 Million

BRENTWOOD, Tenn., Dec. 23, 2020 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the “Company”) announced today that following an extensive and ongoing marketing process for the proposed sale of certain non-core real estate assets in its CoreCivic Properties segment, it closed on the sale of 42 of its non-core government leased properties to a third party for an aggregate purchase price of $106.5 million. The assets sold represented approximately 573,000 gross rentable square feet and are expected to generate approximate net proceeds of $27.0 million, following repayment of non-recourse mortgage notes associated with some of the properties and other transaction-related costs. Net cash proceeds will be utilized to repay borrowings under the Company’s revolving credit facility.

“We are pleased with the positive market response we have seen throughout the marketing process of our non-core government leased properties, and today’s closing announcement is a positive initial step in the process to recycle capital towards higher returning opportunities,” said Damon Hininger, CoreCivic’s President and Chief Executive Officer. “The remaining non-core assets we are evaluating for sale are significantly larger in terms of gross rentable square feet, both individually and in aggregate, and we remain optimistic in our prospects for consummating additional sales.”

The Company’s original purchase price for the 42 properties sold was $98.7 million. Subsequent to the close of the transaction, the CoreCivic Properties portfolio consists of 15 properties representing 2.7 million square feet, including five non-core government leased properties representing 1.1 million gross rentable square feet. In addition to the CoreCivic Properties portfolio, CoreCivic operates 48 correctional and detention facilities, 42 of which it owns, with a total design capacity of approximately 71,000 beds, and 27 residential reentry centers with a total design capacity of approximately 5,000 beds.

About CoreCivic

The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. Learn more at http://www.corecivic.com/.

Forward-Looking Statements

This press release contains statements as to our beliefs and expectations of the outcome of future events that are “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These include, but are not limited to, the risks and uncertainties associated with: (i) changes in government policy, legislation and regulations that affect utilization of the private sector for corrections, detention, and residential reentry services, in general, or our business, in particular, including, but not limited to, the continued utilization of the South Texas Family Residential Center by Immigration and Customs Enforcement under terms of the current contract, and the impact of any changes to immigration reform and sentencing laws (our company does not, under longstanding policy, lobby for or against policies or legislation that would determine the basis for, or duration of, an individual’s incarceration or detention); (ii) our ability to obtain and maintain correctional, detention, and residential reentry facility management contracts because of reasons including, but not limited to, sufficient governmental appropriations, contract compliance, negative publicity and effects of inmate disturbances; (iii) changes in the privatization of the corrections and detention industry, the acceptance of our services, the timing of the opening of new facilities and the commencement of new management contracts (including the extent and pace at which new contracts are utilized), as well as our ability to utilize available beds; (iv) general economic and market conditions, including, but not limited to, the impact governmental budgets can have on our contract renewals and renegotiations, per diem rates, and occupancy; (v) fluctuations in our operating results because of, among other things, changes in occupancy levels, competition, contract renegotiations or terminations, increases in costs of operations, fluctuations in interest rates and risks of operations; (vi) the duration of the federal government’s denial of entry at the United States southern border to asylum-seekers and anyone crossing the southern border without proper documentation or authority in an effort to contain the spread of COVID-19; (vii) government and staff responses to staff or residents testing positive for COVID-19 within public and private correctional, detention and reentry facilities, including the facilities we operate; (viii) the location and duration of shelter in place orders and other restrictions associated with COVID-19 that disrupt the criminal justice system, along with government policies on prosecutions and newly ordered legal restrictions that affect the number of people placed in correctional, detention, and reentry facilities; (ix) whether revoking our REIT election and our revised capital allocation strategy can be implemented in a cost effective manner that provides the expected benefits, including facilitating our planned debt reduction initiative and planned return of capital to shareholders; (x) our ability to identify and consummate the sale of additional non-core assets at attractive prices; (xi) our ability to successfully identify and consummate future development and acquisition opportunities and our ability to successfully integrate the operations of our completed acquisitions and realize projected returns resulting therefrom; (xii) our ability, following the revocation of our REIT election, to identify and initiate service opportunities that were unavailable under the REIT structure; (xiii) our ability to meet and maintain qualification for taxation as a REIT for the years the Company elected REIT status; and (xiv) the availability of debt and equity financing on terms that are favorable to us, or at all. Other factors that could cause operating and financial results to differ are described in the filings we make from time to time with the Securities and Exchange Commission.

CoreCivic takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events or for any changes or modifications made to this press release or the information contained herein by any third-parties, including, but not limited to, any wire or internet services.

Contact:

Investors: Cameron Hopewell – Managing Director, Investor Relations – (615) 263-3024
Media: Steve Owen – Vice President, Communications – (615) 263-3107