Month: May 2020

DUBLIN, Ireland and TREVOSE, Pa., May 20, 2020 (GLOBE NEWSWIRE) — Strongbridge Biopharma plc, (Nasdaq: SBBP), a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs, today announced that it and its subsidiaries have entered into a $30 million debt facility with Avenue Venture Opportunities Fund, L.P. (Avenue), a fund within the Avenue Capital Group, and its affiliates.“This new debt facility flexibly increases our cash position at an attractive cost. We are pleased to be partnering with Avenue Venture Opportunities Fund, and we appreciate their overall confidence in our clinical development program for RECORLEV® (levoketoconazole) and the commercial progress and potential of KEVEYIS® (dichlorphenamide),” said John H. Johnson,...

EDMONTON, Alberta, May 20, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce a proposed offering of 25,000,000 units (the “Units”) at an offering price of $0.20 per Unit (the “Issue Price”), for aggregate gross proceeds of up to $5,000,000 (the “Offering”). The Units will be offered on a best efforts basis by Eight Capital, as agent for the Company (the “Agent”), pursuant to a prospectus supplement to Radient’s base shelf prospectus dated January 21, 2020 (collectively, the “Prospectus”). BDO Canada LLP is acting as Radient’s financial advisor in connection with the Offering.Each Unit will be comprised of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle...

TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX)(OTCQB: ENGMF)(FSE: 2AV) is excited to announce that the Vancouver Titans have entered into a new partnership agreement with Pizza Hut Canada designating Pizza Hut as the Official Pizza of the team and their fans.“We are incredibly thrilled to deliver this exciting partnership to our fans and can’t wait to make Pizza Hut an integral part of the Titans gameday experience,” said Tim Holloway, Esports Director at the Vancouver Titans.   “At Pizza Hut it’s no secret that we like to have fun with innovative ideas. We are a brand that is built of memories of togetherness,” said Devon Lawrence, Portfolio Marketing Manager at Pizza Hut Canada. “We see esports as a great opportunity to connect and make more memories...

DALLAS, May 20, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new industrial awards with a combined value over $62 million. The contracts were secured by Primoris Industrial Constructors, part of the Power, Industrial, and Engineering segment. The first award is for the construction of the outside the battery limits (“OSBL”) portion of a renewable diesel expansion project in Louisiana. The scope includes civil, mechanical, structural, and electrical work. The project was designed by Primoris Design & Construction under a separate contract, and Primoris Industrial Constructors will coordinate with Primoris Design & Construction to ensure an efficient engineering and construction interface. Work is scheduled to commence in the second quarter...

TEL AVIV, Israel, May 20, 2020 (GLOBE NEWSWIRE) — Kitov Pharma Ltd. (“Kitov”) (NASDAQ/TASE: KTOV), a clinical-stage company advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, today announced the U.S. commercial launch of Consensi™, a fixed-dose combination of celecoxib and amlodipine besylate, designed for the simultaneous treatment of hypertension and osteoarthritis pain. Consensi™ is being sold in the U.S. by Burke Therapeutics, the marketing partner of Kitov’s U.S. distributor, Coeptis Pharmaceuticals.“Consensi™ provides a new therapeutic option for patients suffering from both hypertension and osteoarthritis-related pain. We are excited about the availability of Consensi™ for patients”, said Dave Mehalick, Chief Executive Officer of Coeptis Pharmaceuticals.“We are please Consensi™ is now available...

TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that it has, acting through its TSS operating group and its subsidiary TPCS Holding B.V. (the “Purchaser”), entered into a binding agreement with IJssel B.V. (the “Seller”) to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider.  Once the transaction is completed, TSS and Topicus will operate together under the operating group name “Topicus.com”. Under the guidance of Constellation, Topicus.com intends to explore opportunities for a future public listing of its shares.  Pursuant to such listing, it is anticipated that Constellation would remain a significant shareholder of Topicus.com, and that the current Constellation shareholders would be entitled...

CAMBRIDGE, Mass., May 20, 2020 (GLOBE NEWSWIRE) — Surface Oncology  (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, announced today that it has raised gross proceeds of approximately $28.9 million through its At-the-Market, or ATM, facility with participation based on interest received from EcoR1 Capital LLC, Venrock Healthcare Capital Partners, BVF Partners L.P., and RS Investments, a Victory Capital investment franchise.  Surface Oncology sold approximately 10.9 million shares of its common stock at a purchase price of $2.66, the market price at the time of the sale.  This transaction exhausts the balance on the $30 million ATM facility. JonesTrading Institutional Services LLC is acting as the sales agent for the ATM facility.These funds...

   Paris, May 20, 2020 – Sodexo, World Leader in Quality of Life services announced today the global launch of “Rise with Sodexo“, a program intended for its clients to meet the health, operational and confidence challenges as a result of the worldwide global COVID-19 pandemic.As many countries emerge progressively from confinement, employees expect to feel safe within the workplace and cared for when remote working, and consumers want to make sure they can count on the companies they trust to adopt the highest Health & Safety standards.In this context, convinced the value of our expertise and services, and our commitment in Corporate Responsibility are essential to regain trust in this extremely volatile environment, Sodexo developed “Rise with Sodexo” to help our clients resume, adapt and thrive each day with a comprehensive...

   Paris, le 20 mai 2020 – Sodexo, leader mondial des Services de Qualité de Vie, annonce le lancement mondial de « Rise with Sodexo », programme destiné à ses clients pour répondre  aux défis sanitaire, opérationnel et de confiance posés par l’installation dans le temps de la pandémie de COVID-19 dans le monde.Alors que de nombreux pays sortent progressivement du confinement, les salariés veulent se sentir en sécurité sur leur lieu de travail et voir leurs attentes prises en compte lorsqu’ils télétravaillent. Les consommateurs doivent être certains de pouvoir compter sur les entreprises auxquelles ils accordent leur confiance parce qu’elles adoptent les normes de santé et de sécurité les plus élevées.Dans ce contexte, convaincu que la valeur de nos expertises et de nos services, et de nos engagements en responsabilité d’entreprise...

NEWMARKET, Ontario, May 20, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX:BOS) today announced that AirBoss Defense Group (“ADG”) is donating highly specialized life-saving personal protective equipment to Toronto Paramedic Services. Five negative-pressure individual patient isolation and transportation systems, known as ISO-PODs, will be added to the Service’s resources.“We’re grateful to AirBoss for this donation during the ongoing pandemic,” said Gord McEachen, Chief of Toronto Paramedic Services.  “If required, these ISO-POD units can be utilized to transport patients infected with any highly contagious disease, including COVID-19, in total isolation while ensuring the safety of our paramedics and other frontline healthcare workers.”ADG designed the ISO-POD to protect first-responders, while simultaneously...