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Day: February 7, 2020

BOQI International Medical Amends Terms for Acquisition of Boqi Zhengji Pharmacy Chain

New York, Feb. 07, 2020 (GLOBE NEWSWIRE) — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it has signed an Amendment to Stock Purchase Agreement for the acquisition of Boqi Zhengji Pharmacy Chain Co., Ltd (“Boqi Pharmacy”) (the “Amendment”). The Amendment contemplates substantial changes to the mechanism for the adjustment to the post-closing consideration.According to the original purchase agreement signed on April 11, 2019, the aggregate purchase price for the shares of Boqi Pharmacy (or Boqi Pharmacy’s parent) consists of a cash consideration of RMB 40,000,000 (currently approximately US$5,714,285) (the “Target Cash Consideration”)and 1,500,000 shares of common stock of the Company. The Target Cash Consideration is subject...

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Generex Declares NEW Dividend RECORD DATE: Monday, February 17, 2020

PAY DATE: Monday, February 24, 2020MIRAMAR, Fla., Feb. 07, 2020 (GLOBE NEWSWIRE) — Generex Biotechnology Corporation (www.generex.com) (OTCQB:GNBT) (“Generex”) is pleased to announce the successful completion of the FINRA review process for the dividend. After an exhaustive and long review, FINRA has determined that the original August 30 record date is too long ago to adequately track all the pay due bills from stock being bought and sold by investors, so a new record date of February 17th, 2020 has been established.  This will insure everyone who has bought stock since August and retains the stock will receive the dividend not by way of a Pay Due Bill, but rather, directly from Generex.  Those who sold stock after the original record date need not worry about anything as they were formally entitled to receive...

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Diffusion Pharmaceuticals Receives European Patent Related Compositions of TSC

CHARLOTTESVILLE, Va., Feb. 07, 2020 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or “the Company”), a cutting-edge biotechnology company developing new treatments for life-threatening medical conditions by improving the body’s ability to bring oxygen to the areas where it is needed most, today announced that it has been granted Patent Number EP2540696 B1 from the European Patent Office. This patent relates to pharmaceutical compositions of trans sodium crocetinate (“TSC”) and a cyclodextrin for use in therapy.  Specifically claimed are TSC compositions are for use in conjunction with radiation or chemotherapy.  Secondary claims relate to various compositions of TSC.“The intellectual property described under our newly-granted European patent...

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Advanced Emissions Solutions Announces First Quarter Cash Dividend

HIGHLANDS RANCH, Colo., Feb. 07, 2020 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock.The dividend is payable on March 10, 2020 to stockholders of record at the close of business on February 21, 2020.About Advanced Emissions Solutions, Inc.Advanced Emissions Solutions, Inc. serves as the holding entity for a family of companies that provide emissions solutions to customers in the power generation and other industries.ADA brings together ADA Carbon Solutions, LLC, a leading provider of powder activated carbon (“PAC”) and ADA-ES, Inc., the providers of ADA® M-Prove™ Technology. We provide products and services to control...

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VitalHub Announces Sale of Pirouette Case Management Solution to Three Multi-Service Social Agencies

TORONTO, Feb. 07, 2020 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce the sale of Pirouette, an easy-to-use cloud based case management system designed for social service agencies, to ENAGB Indigenous Youth Agency, Eden Community Homes, and Dixon Hall Neighbourhood Services.Pirouette is an essential part of VitalHub’s robust suite of EHR solutions, serving an important segment of the community health market, offering a cost-effective and accessible solution for social service agencies who require less complex systems than larger scale care organizations.Pirouette is a simple and easy-to-use, comprehensive client management system that supports documenting case notes, tracking services provided and time spent, and includes modules for case management,...

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Meridian Bioscience Reports First Quarter Fiscal 2020 Operating Results and Reaffirms 2020 Guidance

CINCINNATI, Feb. 07, 2020 (GLOBE NEWSWIRE) — Meridian Bioscience, Inc. (NASDAQ: VIVO) today announced financial results for the first quarter ended December 31, 2019.First Quarter Fiscal 2020 Highlights:Diagnostics segment delivered nearly $35 million in revenues; fourth consecutive quarter above $33 million, signaling continued stabilization of this business;Positive customer feedback for our revogene™ molecular diagnostics system continues to build;Diagnostics segment new product development spending increased $1 million, as positive progress continues on key new instrument platforms;Lower ordering patterns of top IVD manufacturing customers led to lower Life Science revenues, which we expect to turn around over the remainder of the fiscal year;Operating results reflect sound financial discipline, while still driving needed...

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LGI Homes Announces First Community in Greensboro Market

GREENSBORO, N.C., Feb. 07, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) announces the grand opening of its first community in Greensboro, North Carolina. McKnight Mill offers homebuyers an exceptional location, a safe and private neighborhood and beautiful, upgraded homes at affordable prices.Homebuyers at McKnight Mill will enjoy the best of both worlds: a family-friendly neighborhood and an incredible location only ten minutes from the attractions and amenities of downtown Greensboro. Within the community, residents will enjoy two parks, each with outdoor seating, picnic pavilions and play structures. Fantastic outdoor amenities, such as mountain bike trails, a disc golf course, stocked fishing ponds and a spray ground are also available at nearby Keeley Park.Five spacious floor plans are being constructed at McKnight...

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Construction Partners, Inc. Announces Fiscal 2020 First Quarter Results

DOTHAN, Ala., Feb. 07, 2020 (GLOBE NEWSWIRE) — Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its first fiscal quarter ended December 31, 2019.Key Metrics: First Quarter of Fiscal 2020 Compared to the First Quarter of Fiscal 2019Revenue was $175.3 million, up 13.6%Gross profit was $23.8 million, up 12.4%Net income was $5.5 million, up 6.0%Earnings per share were $0.11, up from $0.10Adjusted EBITDA (1) was $17.2 million, up 17.0%Adjusted EBITDA margin (1) was 9.8%, up 30 bpsCharles E. Owens, the Company’s President and Chief Executive Officer, stated, “We are pleased to report double-digit year-over-year...

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Universal Stainless to Present at Cowen and Company 41st Annual Aerospace/Defense & Industrials Conference on February 12th

BRIDGEVILLE, Pa., Feb. 07, 2020 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) announced today that Dennis M. Oates, Chairman, President and Chief Executive Officer, will speak at the Cowen and Company 41st Annual Aerospace/Defense & Industrials Conference on February 12th, from 2:05 to 2:45 PM (Eastern).The Company will post the slide presentation for this conference in the investor relations section of its website at www.univstainless.com. Cowen and Company will host a live webcast of the Company’s presentation, which can be accessed at http://wsw.com/webcast/cowen58/usap/ and in the investor relations section of the Universal Stainless website.  A replay of the event will be available on the Company’s web site approximately three hours after the live event and accessible...

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