Month: May 2020

Oslo, 28 May 2020: Yara International ASA today priced a new 10-year bond offering of USD 750 million (the “Notes”).The bond offering will be issued pursuant to Rule 144A/Regulation S. The bonds have a coupon of 3.148% per annum. Yara intends to use the net proceeds of the new issue for general corporate purposes as well as to repay certain existing indebtedness.ContactNina Kleiv, Head of Finance, Treasury & InsuranceMobile: (+47) 414 40 067E-mail: nina.kleiv@yara.comLiv Bergh, Head of FundingMobile: (+47) 414 02 153E-mail: liv.bergh@yara.comCautionary StatementsThis press release is for information purposes only and does not constitute any offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. The Notes have not been and will not be registered under the U.S. Securities...

CAMBRIDGE, Mass., May 28, 2020 (GLOBE NEWSWIRE) — Surface Oncology (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, today announced that its 2020 Annual Meeting of Stockholders has been changed to a virtual meeting as a result of continuing concerns surrounding the COVID-19 pandemic. The meeting will still be held on Wednesday, June 10, 2020 at 11:00 a.m. EDT, as previously announced. Stockholders will only be able to participate in this year’s Annual Meeting via the virtual meeting. This change is reflective of the public health impact of the COVID-19 pandemic, government restrictions limiting the size of gatherings, and supporting the health and well-being of Surface Oncology’s stockholders, directors and employees, and their communities.Stockholders...

AUSTIN, Tx., May 28, 2020 (GLOBE NEWSWIRE) — Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE), a clinical-stage biotechnology company developing a new generation of human enzyme therapeutics as innovative solutions for rare and other high-burden diseases, today announced that, due to the public health impact of the coronavirus (COVID-19) pandemic, the location of the Company’s 2020 annual meeting of stockholders has been changed and will be held in a virtual meeting format only. As previously announced, the annual meeting will be held on Monday, June 8, 2020 at 9:00 a.m. Central Time. To be admitted to the annual meeting at www.virtualshareholdermeeting.com/AGLE2020, stockholders must enter the control number found on their proxy card, voting instruction form or notice previously received. Further information regarding this change to...

EINDHOVEN, The Netherlands, May 28, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that, as part of its Quarterly Dividend Program, its board of directors has approved the payment of an interim dividend for the second quarter of 2020 of $0.375 per ordinary share. The interim dividend will be paid in cash on July 6, 2020 to shareholders of record as of June 15, 2020.Taxation – Cash DividendsCash dividends will be subject to the deduction of Dutch dividend withholding tax at the rate of 15 percent, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax. If you are uncertain as to the tax treatment of any dividends, consult your tax advisor.About NXP SemiconductorsNXP...

Fourth Quarter 2020 Revenue and Profitability Impacted by Temporary Closure Due to California Shelter-in-Place Order; Company Resumed Full Production in AprilSolid Sales Pipeline and Proprietary RADAR Testing Solution Position Company to Continue to Gain Market ShareDUBLIN, Calif., May 28, 2020 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) reported results for the fourth quarter and fiscal year ended March 28, 2020.Revenue for the fourth fiscal quarter ended March 28, 2020 was $2.6 million, as compared to $3.5 million for the same period of fiscal 2019. Fourth quarter revenue was adversely impacted by the Company’s compliance with California’s Shelter-in-Place order during the month of March, which resulted in the temporary closure of its California facilities and a loss of production. Net loss attributable...

CALGARY, Alberta, May 28, 2020 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) (“Sugarbud“) is pleased to announce that it has closed the previously announced $5.0 million senior secured credit facility with Connect First Credit Union Ltd (“First Calgary”).“Our new credit facility with First Calgary provides a significant injection of working capital to the Company – materially addressing our working capital needs through the balance of 2020, after which, we anticipate being operating cash flow positive,” stated Sugarbud Chief Executive Officer, John Kondrosky. “We also view this credit facility as a strong vote of confidence from a tier one lender in our organization and our ability to continue to successfully execute against our operating plan and primary corporate objectives,” added Mr. Kondrosky.The...

SAN JOSE, Calif., May 28, 2020 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced it has acquired Edgewise Networks, a pioneer in securing application-to-application communications for public clouds and data centers. Edgewise Networks significantly improves the security of east-west communication by verifying the identity of application software, services and processes to achieve a zero trust environment which measurably reduces the attack surface and lowers the risk of application compromise and data breaches.In today’s world of cloud and mobility, perimeter-based network security is becoming less relevant. Modern security should be focused on protecting users, applications and data. Zscaler secures connections between users and applications, based on business policies, without connecting...

— INFINITY is a randomized, active comparator-controlled trial —— INFINITY trial initiated for patients with diabetic macular edema, the most common cause of vision loss in people with diabetic retinopathy —— Positive interim clinical data recently presented for ADVM-022 in OPTIC Phase 1 trial for wet AMD; data from all four cohorts expected to be presented by year-end —— Company to host conference call today at 1:30 pm PDT / 4:30 pm EDT —REDWOOD CITY, Calif., May 28, 2020 (GLOBE NEWSWIRE) — Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage gene therapy company targeting unmet medical needs in ocular and rare diseases, today announced the initiation of INFINITY, a Phase 2,  multi-center, randomized, double-masked, active comparator-controlled trial to assess a single intravitreal...

VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) — Legend Power® Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”), a global leader in onsite energy management technology, today reported its Q2 fiscal 2020 financial results for the six months ended March 31, 2020. A conference call to discuss the results is set for 4:15pm EST today (dial in details below). A complete set of Financial Statements and Management’s Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars.Financial Highlights for the three months ending March 31, 2020Revenue of $676k down 12% year-over-year from $769k reported in Q2 2019;Gross margin of 32% down from 54% in the quarter a year-ago, due to sales incentives offered in the quarter;Adjusted EBITDA loss of $1.5 million versus $1.3 million...

WATERLOO, Ontario, May 28, 2020 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (Nasdaq:DSGX) (TSX:DSG) announced that the following matters, as set out in more detail in its Management Information Circular dated April 28, 2020, were considered and voted on by shareholders at the annual and special meeting of shareholders held on Thursday, May 28, 2020 (the “Meeting”).GeneralThe total number of common shares of the Corporation represented in person or by proxy at the Meeting was 76,537,034 which represented 90.95% of the 84,157,016 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 20, 2020.Election of DirectorsOn a vote by ballot, each of the following 8 nominees proposed by management of the Corporation was elected as a director of the Corporation:Deepak Chopra joins as...