Day: June 11, 2020
ROCKVILLE, Md., June 11, 2020 (GLOBE NEWSWIRE) — Cerecor Inc. (Nasdaq: CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare pediatric and orphan diseases, announced today the closing of the previously announced underwritten offering of 15,180,000 shares of its common stock (inclusive of 1,980,000 shares that were sold pursuant to the underwriter’s full exercise of its option to purchase additional shares of Cerecor’s common stock), at a public offering price of $2.50 per share. Certain insiders, including certain of the Company’s officers, purchased shares of Cerecor common stock in the offering.Oppenheimer & Co. Inc. acted as the sole book-running manager for the offering.The net proceeds to Cerecor from the offering are expected to be approximately $35.4...
Hemp, Inc. Applauds the U.S. Hemp Roundtable’s Recent Assertion of Hemp’s Eligibility for USDA Coronavirus Relief Funds
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Las Vegas, NV, June 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Hemp, Inc. (OTC PINK: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, including the 85,000 square foot multipurpose industrial hemp processing facility on 9 acres in Spring Hope, NC, a 55,000 square foot state of the art local processing center in White City, Oregon, a 500 acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona, two model “Small Family Hemp Farms” in North Carolina and Arizona, a hemp pre-roll blending manufacturing facility in Las Vegas, NV, a 5,000 square-foot retail store (The King of Hemp Store™) in Kingman, Arizona and recently surpassed over $1 million in sales of their pre-98 OG Bubba Kush buds, announced that it applauds the U.S. Hemp Roundtable’s recent assertion of the hemp...
PyroGenesis Signs Second Modelling Contract with New Iron Ore Pelletization Client
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MONTREAL, June 11, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that, further to its press releases dated March 4th, April 30th and May 19th, 2020, it has signed a second multi-phase torch modelling contract (the “Contract”), aimed at evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing existing fossil fuel burners with PyroGenesis’ plasma torches. The first phase is expected to be completed in approx. 8 to 10 weeks. This...
Qorvo Announces Closing of Additional $300 Million Senior Notes Offering
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GREENSBORO, N.C., June 11, 2020 (GLOBE NEWSWIRE) — Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced the completion of its offering of an additional $300 million principal amount of its senior notes maturing in 2029 (the “Notes”). The additional Notes will pay interest semi-annually at a rate of 4.375% per annum. The additional Notes will mature on October 15, 2029, unless earlier redeemed in accordance with their terms. The additional Notes were issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo expects to use the net proceeds of the offering of additional Notes...
REPEAT – CloudMD Announces Binding Term Sheet to Acquire Integrated Medical Clinic with 12 Physicians
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Cashflow positive, generating C$3 million a year in revenueInnovative clinic using online booking and telemedicine, easily integrated into CloudMD’s Electronic Medical Records (EMR) softwareTeam of 24 healthcare professionals servicing over 60,000 patientsOffer specialist services including psychiatry and women’s healthVANCOUVER, British Columbia, June 11, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company seeking to revolutionize the delivery of healthcare to patients, announced today its intent to acquire a medical clinic based in Metro Vancouver, BC (the “Clinic”). The Company has signed a Binding Term Sheet (the “Term Sheet”) with the Clinic to acquire 100% of the business, assets and operations.The recent oversubscribed...
Origo hf. – Breytingar á framkvæmdastjórn Applicon AB
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Reykjavík, 11. júní 2020Tomas Wikström, sem hefur gegnt stöðu framkvæmdastjóra Applicon AB í Svíþjóð, dótturfélags Origo hf. undanfarin ár, hefur óskað eftir að láta af störfum.Håkan Nyberg mun taka við framkvæmdastjórastöðu Applicon AB tímabundið. Håkan hefur síðustu ár verið stjórnarmaður hjá Applicon AB og þekkir félagið vel. Hann hefur víðtæka reynslu sem stjórnandi og stjórnarmaður á fjármálamarkaði og í tæknirekstri, sem mun nýtast félaginu vel. Håkan er m.a. fyrrverandi forstjóri Nordnet Bank AB og IKANO Bank.Finnur Oddsson, forstjóri:Mig langar að þakka Tomasi langt og afar farsælt starf í þágu Applicon AB og Origo. Tomas hefur leitt Applicon síðustu 8 ár og gegnt lykilhlutverki í að styrkja félagið til framtíðar, sem nú stendur traustum fótum. Fyrir hönd Origo þakka ég honum fyrir mikilvægt framlag og óska velfarnaðar...
Foncière 7 Investissement: Communiqué sur le changement de président
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Foncière 7 InvestissementParis, le 11 juin 2020Communiqué sur le changement de PrésidentLa Société annonce que, après avoir pris acte de la démission de Monsieur Richard Lonsdale-Hands, avec effet à l’issue de l’Assemblée générale mixte du 11 juin 2020, le Conseil d’administration qui s’est tenu postérieurement à ladite Assemblée, a coopté, sous réserve de la ratification de la prochaine Assemblée générale ordinaire, Monsieur Ludovic Dauphin, en qualité de nouvel Administrateur.Après avoir décidé de maintenir l’option pour la dissociation des fonctions de président du conseil d’administration et de directeur général, le Conseil d’administration du même jour a également nommé également Monsieur Ludovic Dauphin en qualité de Président de la Société.Cette information a été publiée sur le site internet de la Société à l’adresse http://www.fonciere7investissement.fr...
Nordea launches Long Term Incentive Programme 2020-2022
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COPENHAGEN, Denmark, June 11, 2020 (GLOBE NEWSWIRE) — The Board of Directors has decided to launch a Long Term Incentive Programme (LTIP) including the CEO and eight other members of the Group Leadership Team (GLT) in accordance with the remuneration policy for governing bodies adopted by the Annual General Meeting.– The Board considers that a share-based, long-term incentive programme further aligns top management’s interests with those of shareholders. We believe this will enhance value creation. Our ambition is that the Board will decide on a similar annual programme expanding the selected number of leaders included over time, says Torbjörn Magnusson, Chair of the Board of Directors of Nordea.The LTIP has a three-year performance period from 2020-2022 and deferral and retention periods according to regulations.The total...
Nestlé sharpens water focus on international, premium mineral and functional brands while exploring strategic options for parts of North American business
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This press release is also available in Français (pdf) and Deutsch (pdf)…………. Vevey, June 11, 2020Nestlé sharpens water focus on international, premium mineral and functional brands while exploring strategic options for parts of North American businessPledges to make entire water portfolio carbon neutral by 2025Nestlé S.A.’s Board of Directors today approved a new strategic direction for its Waters business. The company will sharpen its focus on its iconic international brands, its leading premium mineral water brands, and invest in differentiated healthy hydration, such as functional water products. The Board also confirmed its intent to explore strategic acquisitions to grow in this category, while pledging to make its entire global water portfolio carbon neutral and replenish associated watersheds by 2025.At...
TCM Group A/S: COURSE OF THE ANNUAL MEETING
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COMPANY ANNOUNCEMENTNo. 64/2020 Tvis, 11 June 2020COURSE OF THE ANNUAL GENERAL MEETINGThe Annual General Meeting was held 11 June 2020 at 05.00 PM on the company´s address, Skautrupvej 22b, Tvis, 7500 Holstebro.The Board of Directors’ report was not subject for voting. The Annual General Meeting took note of the report.The audited Annual Report of 2019 was approved by the Annual General Meeting. It was notified that in accordance with company announcement of 27 March 2020 that the expectations to the financial year 2020 for now has been suspended.The Annual General Meeting likewise approved that the fees for the Board of Directors for 2020. The proposal from the Board of Directors regarding no dividend payment in 2020 was approved by the Annual General Meeting.Sanna Mari Suvanto-Harsaae, Anders Tormod Skole-Sørensen,...