Day: March 24, 2020

 Discounted Settlements Will Eliminate High-Interest Loans and Improve CashflowWEST PALM BEACH, FLORIDA, March 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Transportation and Logistics Systems, Inc. (OTC: TLSS), (“TLSS”, or the “Company”), a leading eCommerce fulfillment service provider, announced today that it has entered into several debt settlement agreements which, when finalized, will eliminate a total of approximately $1.7 million of high interest rate loans.The settlements include four (4) outstanding merchant credit advance loans in the aggregate amount of approximately $1,600,000 and a Senior Secured Promissory Note (“Secured Note”) in the approximate amount of $100,000 as well as the cancellation of 40,300 common stock warrants that were issued in connection with the Secured Note. TLSS will pay approximately...

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, March 24, 2020 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) a global leader in Exoskeleton technology for community use and rehabilitation centers, today issued the following letter to shareholders:To All Shareholders:The emerging coronavirus (COVID-19) outbreak represents a challenge to our community and all of our stakeholders.  This letter is an update on this situation as it pertains to ReWalk Robotics and our global operations.We fully support the efforts of all clinics and customers to manage this pandemic.  Our clinics are focused on managing the emergency and therefore have limited in-person contact and elective activities.  We encourage our home, community and clinic-based users of our products to follow the relevant local and national public health protocols...

RED BANK, N.J., March 24, 2020 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank (the “Bank”), today announced that management will host a conference call for investors on March 24, 2020 at 4:30 p.m. Eastern Time.  Management will discuss the Bank’s preparations and response to COVID-19 and other related matters.  A presentation referenced by management will be posted at www.oceanfirst.com in the Investor Relations section prior to the call.The direct dial number for the call is 1-888-338-7143.  For those unable to participate in the conference call, a replay will be available.  To access the replay, dial 1-877-344-7529, Replay Conference Number 10141079 from one hour after the end of the call until June 24, 2020.Forward-Looking StatementsIn addition to historical information, this...

BRIDGEWATER, N.J., March 24, 2020 (GLOBE NEWSWIRE) — Menlo Therapeutics Inc. (Nasdaq: MNLO) (“Menlo” or the “Company”), a biopharmaceutical company focused on developing and commercializing proprietary therapies to address unmet needs in dermatology, appointed Andrew Saik as Chief Financial Officer and Treasurer, effective March 23, 2020. Mr. Saik will report to David Domzalski, Chief Executive Officer, and will be responsible for leading the Company’s global finance operations, including, financial planning and analysis, investor relations, accounting, tax, treasury, supply chain and information technology. He will be based at the Company’s headquarters in Bridgewater, New Jersey.“Andrew is an accomplished CFO and brings a wealth of experience to the senior management team at Menlo,” said David Domzalski, Chief Executive Officer...

BEVERLY, Mass., March 24, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) (the “Company”), a biotechnology company that develops genetic analyzers for rapid pathogen detection and other molecular markers, today announced the appointment of Mr. Steven Armstrong to the role of Senior Director of Operations to oversee the Company’s submission for FDA Emergency Use Authorization of its commercial technology and other regulatory approvals, as well as to institute quality systems for manufacturing.Dr. Jack Regan, LexaGene’s CEO and Founder states, “I’m thrilled that Mr. Armstrong has joined the team to guide us during this next phase of commercial manufacturing. We are taking every measure to hasten our readiness for FDA approval, not only for our commercial analyzer, but also for the test chemistry of our...

VICTOR, N.Y., March 24, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today responded to the outcome of a recent public consultation in Mexicali, Baja California (Mexico) which voiced opposition to the company’s plans to build a new brewery in the city.“We will continue working with local authorities, government officials and members of the community on next steps related to our brewery construction project in Mexicali and options elsewhere in Mexico,” said Bill Newlands, president and chief executive officer at Constellation Brands. “In the meantime, it’s important to note that we have ample capacity, based on current growth forecasts and production capabilities at our Nava brewery and soon to be completed expansion in Obregon, to continue fueling the growth of our...

U.S. Food and Drug Administration allowed Black Diamond’s investigational new drug application for its lead product candidate BDTX-189 in December; Company initiated Phase 1/2 clinical trial and has subsequently started enrolling and dosing patientsCash and cash equivalents of $154.7 million as of December 31, 2019, together with net proceeds from initial public offering (IPO) of approximately $212.4 million, believed to be sufficient to fund anticipated operations into 2023 — $85.0 million Series C financing successfully completed in November 2019 — IPO completed in February 2020 raised approximately $231.3 million in gross proceedsCRISPR Therapeutics CEO Samarth Kulkarni, Ph.D., joined the Board of DirectorsCAMBRIDGE, Mass. and NEW YORK, March 24, 2020 (GLOBE NEWSWIRE) — Black Diamond Therapeutics, Inc. (Nasdaq: BDTX),...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces the following in response to the developing COVID-19 pandemic:The safety of our employees and independent contractors is paramount. Revival Gold took steps to ensure its compliance with Health Canada and Centers for Disease Control & Prevention guidelines on February 27th, 2020 and subsequently directed employees and active independent contractors to work from home and eliminate all Company-related business travel. All key personnel are accounted for and in good health. As a result of turbulent market conditions, Revival Gold, in consultation...

HOUSTON, March 24, 2020 (GLOBE NEWSWIRE) — Moleculin Biotech, Inc., (Nasdaq: MBRX) (“Moleculin” or the “Company”), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors, today announced that Walter Klemp, Chairman and Chief Executive Officer, will present at the Life Sciences Investor Forum being held online at LifeSciencesInvestorForum.com on March 26th.Details of the presentations are below:This will be an interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join on the day of the conference, an archived webcast will also be made available after the event.It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.Learn more about...

Burleson, Texas, March 24, 2020 (GLOBE NEWSWIRE) — Muscle Maker Grill (NASDAQ: GRIL) We want to provide a brief update on the current operating environment in response to the ongoing COVID-19 pandemic. While this is proving to be a difficult operating environment across all industry sectors, we view the role of the food industry as crucial, and we remain committed to ramping up operations to continue to serve Americans during this difficult time. Not only are we continuing to serve our guests, from our corporate restaurants and existing franchise model, but also to maintaining an eye on the future, so that we can be prepared for any shifts in the marketplace. We believe our recent announcements regarding Fort Bragg and the 10 location commitment for the delivery-only kitchens provides a clear indication of the non-traditional development...