Month: March 2020

Sjá meðfylgjandi ársreikning GAMMA: Méllon.ViðhengiGAMMA_Ársreikningur Méllon_31.12.2019 – FINAL

VANCOUVER, Washington, March 27, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that, at the suggestion of the U.S. Food and Drug Administration (FDA), the Company filed another round of modifications to its IND and protocol for a Phase 2 clinical trial with leronlimab (PRO 140). In addition, the FDA suggested the Company file a second randomized protocol for all COVID-19 patients in severe condition, so as to preclude each physician from filing an emergency IND for every patient to be treated with leronlimab.The treatment with leronlimab is targeted as a therapy for patients who experience respiratory complications as a result of...

New York, NY – (March 25, 2020): United Thinkers, a New-York based commercial open-source Payment Management Software company, has updated its evergreen white paper for those, who want to provide payment gateway services, in order to harmonize the document with the present-day merchant services industry realities. United Thinkers updated the white paper, that sets the guidelines for prospective payment gateway providers. The white paper is intended to help those who want to have their own payment gateway avoid common mistakes and smoothly complete the process. Payment gateway selection is a tedious and time-consuming routine, and many businesses end up unsatisfied with the gateway they have been choosing so carefully. That is why, people often prefer to build their own payment gateway solution rather than look for the best gateway option...

Singapore, April 10, 2019 — Blockchain App Factory, a leading company in the domain of customizable white label cryptocurrency exchange development, offers solutions to the liquidity problem that is detrimental to the growth of the crypto trading sector. For long, cryptocurrency exchanges have faced issues with enabling efficient liquidity options that helps traders convert assets from cryptocurrency to fiat currency and vice versa. “The interest in cryptocurrency has grown at a fast rate over the past couple of years. However, trading outlets have not been able to capitalize on this popularity owing to factors such as accessibility, high fees and low liquidity,” a spokesperson from Blockchain App Factory summarized. Blockchain App Factory focuses on creating a conducive environment for trading by developing white label...

InformationThe nomination committee’s reasoned proposals to the annual general meeting 2020The Nomination Committee composed of Daniel Nyvang Mariussen (chairman), appointed by Bumble Ventures and Better Partners, Martin Jonasson, appointed by Andra AP Fonden, Michael Knutsson, appointed by Knutsson Holdings, and Jens Bager, chairman of the board of directors, Better Collective, presents the following proposals:that Andreas Nielsen, Partner at Bruun & Hjejle, is appointed chairman of the general meeting,that the board of directors will be comprised of six (6) board members,that the following members of the board of directors shall be re-elected, Jens Bager (also to be reelected as chairman of the board of directors), Klaus Holse, Leif Nørgaard, Søren Jørgensen and Petra von Rohr. Furthermore, the Nomination Committee proposes that...

HANGZHOU, China, March 27, 2020 (GLOBE NEWSWIRE) — UTStarcom (“UT” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2019, and provided a business update.Business UpdateQ4 Revenue Met Expectations.  Fourth quarter revenue of $14.2 million was at the high end of the Company’s guidance range of $10 to $15 million.  The net loss for the quarter was attributable to foreign currency losses and a slight operating loss.CEO Leave of Absence.  As announced on March 16, 2020, the Company’s Chief Executive Officer (CEO) Mr. Tim Ti has taken a temporary leave of absence due to health reasons (unrelated to the COVID-19 virus).  The Company’s Board of Directors appointed UT’s Senior Vice President of Sales...

VANCOUVER, Washington, March 27, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the three-day results post-leronlimab treatment of the first four patients under an Emergency Investigational New Drug (EIND) granted by the U.S. Food and Drug Administration (FDA).  A total of seven patients have been enrolled thus far under EIND in the same leading medical center in the New York City area.The treatment with leronlimab is targeted as a therapy for patients who experience respiratory complications as a result of contracting SARS-CoV-2 causing the Coronavirus Disease 2019 (COVID-19).  Leronlimab is believed to provide therapeutic benefit...

ZHEJIANG, China, March 27, 2020 (GLOBE NEWSWIRE) — SORL Auto Parts, Inc. (NASDAQ: SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced that the Company will not be able to file its 2019 Annual Report on Form 10-K by the original deadline of March 30, 2020 due to circumstances related to COVID-19. The Company’s headquarters is located in Ruian, Zhejiang Province, PRC, which has been seriously impacted by the COVID-19 epidemic. The Company’s operations in Zhejiang Province and other locations in China, have been largely suspended since the beginning of the Chinese New Year in late January 2020 through early March of 2020.  However, the Company’s operations have returned to full capacity and all corporate activities...

PORTSMOUTH, N.H., March 27, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that it received an unsolicited non-binding proposal from Sprague Resources Holdings LLC (“Holdings”) dated March 25, 2020, pursuant to which Holdings would acquire all of the outstanding common units of Sprague that Holdings and certain of its affiliates do not already own in exchange for $13.00 in cash per common unit. Holdings and certain of its affiliates hold approximately 53.3% of the outstanding common units of Sprague as of March 26, 2020.The $13.00 per common unit price of the proposal represents a premium of approximately 14% to its 10-day volume weighted average price prior to March 26, 2020, and a premium of approximately 7% to its 30-day volume weighted average price prior to March 26, 2020.The board of...

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports that it has fallen below the New York Stock Exchange (“NYSE”) continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company’s common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on March 24, 2020 that the average price of its common stock for the previous 30 trading days was below US$1.00 per share.McEwen Mining intends to take steps to regain compliance of the NYSE continued listing requirements. Under the NYSE’s rules, the Company has a period of six months to bring its share price and 30-day average closing share price back above US$1.00. During this period,...