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Revol Greens is well-positioned to continue scaling this concept across the US
On the heels of closing its $68 million funding round, led by Equilibrium Capital, Revol Greens is adding Michael B. Wainscott to the newly created role of Chief Financial Officer. The Minnesota-based producer of sustainably and hydroponically farmed lettuce varieties is planning to advance its mission of reaching more Americans with its Grown Clean and Green produce within 24 hours of harvesting. As CFO, Wainscott will oversee elements including future capital raises, industry partnerships and IT.
“Michael shares Revol’s vision to build five facilities in five years. His highly relevant experience in the areas of management, operations, venture equity, funding and risk management are an essential piece to meeting our business goals,” said Mark Schulze, CEO at Revol Greens.
Thursday, January 28, 2021
Key Points
Beginning February 1, new and amended rules will go into effect in New York that require certain individuals associated with investment advisers to register with the state and to meet examination requirements (or qualify for exemptions therefrom).
With respect to investment advisers registered with the Securities and Exchange Commission (SEC), these new registration and examination requirements will only apply to individuals who meet the federal definition of an investment adviser representative, while a broader range of persons associated with New York State-registered investment advisers will be subject to those requirements.
In addition, New York will now impose registration and examination requirements with respect to entities and individuals that qualify as solicitors, as defined in the state s revised rules.
Home / Top News / Riverview Bancorp Earns $4.0 Million in Third Fiscal Quarter Reflecting a Decrease in the Provision for Loan Losses and Nonperforming Loans
Riverview Bancorp Earns $4.0 Million in Third Fiscal Quarter Reflecting a Decrease in the Provision for Loan Losses and Nonperforming Loans
VANCOUVER, Wash., Jan. 28, 2021 (GLOBE NEWSWIRE) Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $4.0 million, or $0.18 per diluted share for the third fiscal quarter ended December 31, 2020, compared to $2.5 million, or $0.11 per diluted share, in the preceding quarter, and $4.1 million, or $0.18 per diluted share, in the third fiscal quarter a year ago. In the first nine months of fiscal 2021, net income was $7.1 million, or $0.32 per diluted share, compared to $12.9 million, or $0.57 per diluted share, in the first nine months of fiscal 2020.
Key Points
Beginning February 1, new and amended rules will go into effect in New York that require certain individuals associated with investment advisers to register with the state and to meet examination requirements (or qualify for exemptions therefrom).
With respect to investment advisers registered with the Securities and Exchange Commission (SEC), these new registration and examination requirements will only apply to individuals who meet the federal definition of an investment adviser representative, while a broader range of persons associated with New York State-registered investment advisers will be subject to those requirements.
In addition, New York will now impose registration and examination requirements with respect to entities and individuals that qualify as solicitors, as defined in the state s revised rules.