Day: June 23, 2020
TUSTIN, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO) (NASDAQ:CDMOP), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality services to biotechnology and pharmaceutical companies, today announced that it will report financial results for the quarter and fiscal year (FY) ended April 30, 2020 on June 30, 2020 after market close and will host a conference call and webcast at 1:30 PM Pacific Time (4:30 PM Eastern Time). Members of Avid’s senior management will discuss financial results for the quarter and FY ended April 30, 2020 and review recent corporate developments.To listen to the live webcast, or access the archived webcast, please visit: http://ir.avidbio.com/investor-events.To listen to the conference call,...
THL Credit, Inc. Will Commence a Modified Dutch Auction Tender Offer to Repurchase up to $20.0 Million of its Common Stock
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BOSTON, June 23, 2020 (GLOBE NEWSWIRE) — THL Credit, Inc. (Nasdaq: TCRD) (the “Company”) announced today that it will commence a modified “Dutch Auction” tender offer (the “Tender Offer”) to purchase up to $20.0 million of its common stock at a price per share not less than $3.25 and not greater than $3.75 in $0.05 increments, using available cash. The Tender Offer will commence on June 23, 2020 and will expire at 11:59 p.m. Eastern time, on July 21, 2020, unless extended.
Global Indemnity Limited Announces Proposed Redomestication to the United States
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GEORGE TOWN, Cayman Islands, June 23, 2020 (GLOBE NEWSWIRE) — Global Indemnity Limited (NASDAQ:GBLI) (the “Company”) announced that the Company’s Board of Directors approved a plan to redomesticate the Company and its Bermuda subsidiary, Global Indemnity Reinsurance, Ltd., to the United States. The Board also approved the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with a special meeting of the Company’s shareholders that will be called to consider and approve the redomestication plan. If the Company’s shareholders approve the redomestication plan, Global Indemnity Group, LLC, a Delaware limited liability company (that will be taxed as a partnership for U.S. federal income tax purposes), will replace the Company, a Cayman Islands corporation, as the publicly listed parent...
Palomar Holdings, Inc. Announces the Formation of Palomar Excess and Surplus Insurance Company
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LA JOLLA, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced the formation of Palomar Excess and Surplus Insurance Company (“PESIC”), a newly established surplus lines insurance company subsidiary. PESIC has received all necessary regulatory approvals to operate as an excess and surplus lines (“E&S”) insurer.PESIC is domiciled in the state of Arizona and licensed to transact across all of the Company’s existing lines of specialty property business as well as other classes of insurance including but not limited to casualty and surety lines. PESIC is currently in the process of becoming an eligible surplus lines insurer in all US jurisdictions and intends to commence writing E&S business, on a national basis beginning in the second half of 2020. Mac Armstrong,...
TILT Announces Q1 2020 Financial Results
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TILT Reports Revenue of $42.4 Million, Up 27% Quarter over QuarterPositive Adjusted EBITDA of $1.7 Million$32.3 Million Record Quarterly Revenue at Jupiter ResearchSequential Gross Margin Increase from 20.0% to 27.7%CAMBRIDGE, Mass., June 23, 2020 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a business solutions provider to the global cannabis industry, today reported financial results for its fiscal first quarter 2020.“We are pleased to report our Q1 financials, which were driven by strong performances from our well-balanced portfolio of businesses,” said Mark Scatterday. “Our first quarter revenue was up 27% Quarter over Quarter, and gross margins grew to 27.7%, demonstrating the durability of our business model as we support our customers in their quest to build winning cannabis brands.”“With...
HTG EdgeSeq Technology Highlighted in Multiple Posters Presented by Pharma Partners at the 2020 American Association for Cancer Research Virtual Meeting
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TUCSON, Ariz., June 23, 2020 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a life science company whose mission is to advance precision medicine, today announced its HTG EdgeSeq technology was highlighted in multiple posters presented by global pharma company partners at the American Association for Cancer Research (AACR) 2020 Virtual Meeting.“We were pleased to see our technology highlighted in two additional abstracts at this year’s AACR virtual meeting,” said Byron Lawson, Senior Vice President and Chief Commercial Officer. “It is very satisfying to see our pharma partners enhancing their research and findings with our HTG EdgeSeq technology, and we look forward to continuing to build on this momentum.”Posters presented at the 2020 Virtual AACR meeting using HTG EdgeSeq technology include:Comparison...
Soleno Therapeutics Announces Proposed Public Offering of Common Stock
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REDWOOD CITY, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Soleno Therapeutics, Inc. (Nasdaq: SLNO), (“Soleno” or the “Company”), a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, announced today that it intends to offer and sell shares of its common stock in an underwritten public offering. In addition, Soleno intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Guggenheim Securities, LLC is acting as the sole book-running manager for the offering. The securities described above are being offered by...
Osisko Infill Drilling Continues to Confirm High Grade at Lynx
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Including 376 g/t Au Over 2.0 MetresAnd 35.2 g/t Au Over 4.3 MetresTORONTO, June 23, 2020 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new drilling results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.Drilling is currently focused on the Lynx deposit, the main mineralized zones, and down plunge exploration in the central areas of the mineralized system. Windfall camp is expected to return to full capacity with 21 drill rigs by the end of this week.Osisko President and Chief Executive Officer John Burzynski commented: “Todays infill results continue to demonstrate the continuity of the high-grade values in Lynx and...
Le forage intercalaire d’Osisko continue de confirmer les teneurs élevées à Lynx
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Incluant 376 g/t Au sur 2,0 mètreset 35,2 g/t Au sur 4,3 mètresTORONTO, 23 juin 2020 (GLOBE NEWSWIRE) — Minière Osisko inc. (OSK : TSX, « Osisko » ou la « Société ») a le plaisir de publier de nouveaux résultats de forage issus du programme de forage de définition et d’expansion en cours sur le projet aurifère Windfall, entièrement détenu par la Société et situé dans la ceinture de roches vertes de l’Abitibi, dans le canton d’Urban, Eeyou Istchee Baie-James, Québec.Les travaux de forage sont présentement axés sur le gîte Lynx, les principales zones minéralisées et sur l’exploration en profondeur dans les parties centrales du système minéralisé. Les activités au camp Windfall devraient être revenues à la pleine capacité avec 21 foreuses d’ici la fin de la semaine.Le président et chef de la direction d’Osisko, John Burzynski, a déclaré...
ORAPI – Mise à disposition d’un prospectus relatif à certaines opérations d’émission et d’admission prévues par le protocole de conciliation dans le cadre de la restructuration financière d’ORAPI
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Communiqué de presse Lyon, le 23 juin 2020 à 21h30 Mise à disposition d’un prospectus relatif à certaines opérations d’émission et d’admission prévues par le protocole de conciliation dans le cadre de la restructuration financière d’ORAPIetAmendement au document d’enregistrement universel 2019Mise à disposition d’un prospectus relatif à certaines opérations d’émission et d’admission prévues par le protocole de conciliation dans le cadre de la restructuration financière d’ORAPIORAPI annonce que l’Autorité des marchés financiers a approuvé ce jour le prospectus mis à la disposition du public à l’occasion de :l’émission et l’admission sur le marché réglementé d’Euronext à Paris :de 2.309.375 bons de souscription...