Day: June 29, 2020
PITTSBURGH, Pa., June 29, 2020 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced the sale, on June 26, 2020, of its noncontrolling ownership interest in a pet cremation services business. The Company sold its ownership interest for a sales price of $57.2 million, consisting of $42.2 million cash and $15.0 million preferred stock. Matthews International intends to apply the cash proceeds from the sale to debt repayment.Mr. Bartolacci, President and Chief Executive Officer, stated: “This transaction, together with the recent sale of one of our buildings for $11.25 million, is consistent with our near-term strategy to increase cash flow and reduce debt, not only through operating cash flow, but also through identification of assets that are no longer consistent with our long-term return objectives. ...
Cinedigm Announces MyTime Movie Network, a New Female-Focused Linear Streaming Channel to Debut this Fall
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LOS ANGELES, June 29, 2020 (GLOBE NEWSWIRE) — Cinedigm (NASDAQ: CIDM) announced today the launch of the all-new female-focused streaming linear channel MyTime Movie Network, to debut in early Fall 2020. MyTime Movie Network is the latest addition to Cinedigm’s growing portfolio of digital-first linear networks, which currently includes popular networks including The Bob Ross Channel, fandom network CONtv, family entertainment network Dove Channel, and the documentary-focused Docurama, among many others.MyTime Movie Network will offer an unparalleled library of curated content catering to women of all ages. The diverse library, which has been seen by a combined audience of upwards of 20 million viewers, features hundreds of popular and award-winning films. Upon its launch films from all genres will be available; ranging from pulse-pounding...
Sigma Announces US$45 Million Project Finance Facility with Societe Generale
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VANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — SIGMA Lithium Resources Corporation (“Sigma” or the “Company”) (TSX-V: SGMA) (OTC- QB: SGMLF) is pleased to announce the signing of a term sheet for a US$45 million senior secured project finance facility (the “Bank Project Finance Facility”) to be led by Societe Generale. The Bank Project Finance Facility will be used for the construction and development of the Company’s world class and green lithium Grota do Cirilo project in Minas Gerais, Brazil (the “Project”). Sigma anticipates being construction-ready in 4Q 2020 (please refer to the Company’s June 15th, 2020 press release for a comprehensive Project update). The consummation of the Bank Project Finance Facility remains subject to completion of due diligence, credit approval, the negotiation of definitive documentation...
Galaxy Gaming Reports Q1 2020 Financial Results
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LAS VEGAS, June 29, 2020 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems, announced today its financial results for the fiscal quarter ended March 31, 2020.Financial HighlightsQ1 2020 vs. Q1 2019Revenue decreased 15.9% to $4,494KAdjusted EBITDA decreased 25.7% to $1,501K1Net income decreased 74.7% to $117KBalance Sheet Changes (vs. December 31, 2019)Cash increased 14.1% to $11,051KTotal debt (gross) increased 1.2% to $48,613KStockholders’ deficit decreased 1.0% to ($27,351)KExecutive Comments“The industry we serve experienced unprecedented disruption beginning in the middle of March,” said Todd Cravens, Galaxy’s President and CEO. “Almost every one of our clients in the physical casino world closed in response to the COVID-19 pandemic. We decided and announced...
GeoVax to Participate in International Webinar Focused on the State of COVID-19 Vaccines
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ATLANTA, GA, June 29, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — GeoVax Labs, Inc. (OTCQB: GOVX), a biotechnology company developing human immunotherapies and vaccines against infectious diseases and cancer, announced today that its Chief Scientific Officer Emeritus, Harriet Robinson, PhD, will be an invited speaker during a webinar on the topic “The Fight Against COVID-19: What We Know About Vaccines.”The webinar will be held on July 1, 2020 and is sponsored by the Sheikh Hamdan Bin Rashid Al Maktoum Award for Medical Science. Registration for the webinar is available at www.dicms.ae/covid19/#/home.During the webinar, Dr. Robinson will speak on the “prospects of a SARS-COV-2 vaccine.” Also speaking during the webinar will be Stanley Plotkin, MD, a world-renowned vaccine expert and member of GeoVax’s Scientific Advisory Board....
NeuBase Therapeutics Added to Russell 3000® and Russell Microcap® Indexes
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PITTSBURGH, June 29, 2020 (GLOBE NEWSWIRE) — NeuBase Therapeutics, Inc. (Nasdaq: NBSE) (“NeuBase” or the “Company”), a biotechnology company developing next-generation antisense oligonucleotide (ASO) therapies using its scalable PATrOL™ platform to address genetic diseases, announced today that it has been added to the Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the US market opens today.Membership in the all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style...
Frontier Software Leverages Pluralsight to Close Skills Gaps and Support its Technology Innovations
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SILICON SLOPES, Utah, June 29, 2020 (GLOBE NEWSWIRE) — Pluralsight, Inc. (NASDAQ: PS), the enterprise technology skills platform, today announced that Frontier Software is partnering with Pluralsight to upskill its workforce and modernize its technologies while executing on its mainstay software solutions.Based in Australia, Frontier Software provides integrated HR and payroll solutions to more than 1,500 organizations across 23 countries throughout Europe, Asia Pacific and the Far East, including payroll services to nearly 10% of Australia’s workforce. To keep up with the rapid pace of change and enable the business to continually evolve to meet client expectations in the age of technology, Frontier Software has partnered with Pluralsight to implement a technology skills development strategy that will close its skills gaps and...
Roche announces new data at the ISTH 2020 Congress, demonstrating ongoing commitment to advancing care for people with haemophilia A
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Spark Therapeutics will present data from the initial dose cohorts of its phase I/II SPK-8011 gene therapy study, showing stable and durable factor VIII expression, substantial improvement in annualised bleed rate for more than two years, and an acceptable safety profile after more than two years of follow-up1Roche will present second interim analysis results from the phase IIIb STASEY study, reinforcing the safety and efficacy profile of Hemlibra in people with haemophilia A with factor VIII inhibitors seen in phase III HAVEN studies2,3,4First clinical data from the phase III HAVEN 5 study in people with haemophilia A in the Asia-Pacific region, demonstrating that Hemlibra prophylaxis resulted in a statistically significant reduction in treated bleeds compared to no prophylaxis5Preliminary analysis from CHESS II, a socioeconomic survey,...
Compromise in the bankruptcy proceedings of AS Coal Terminal
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On 29 June 2020, the bankruptcy trustees of AS Coal Terminal (bankrupt) (hereinafter “Coal Terminal”), private limited company Charboun Invest, a shareholder of Coal Terminal, and AS Tallinna Sadam (hereinafter “Tallinna Sadam”) entered into a compromise, as a result of which the claims of all creditors of Coal Terminal are restructured, the parties shall terminate all pending litigation and waive any claims against each other and Coal Terminal shall be liquidated. Within the framework of the compromise, Tallinna Sadam will pay into the bankruptcy estate EUR 2.7 million, received by Tallinna Sadam from the organization and sale of the Coal Terminal assets transferred to its possession. The compromise has not yet entered into force and its approval shall be decided by the court within 15 days from the date of submission of the compromise...
Kompromiss ASi Coal Terminal pankrotimenetluses
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29. juunil 2020. a sõlmisid ASi Coal Terminal (pankrotis) (edaspidi „Coal Terminal“) pankrotihaldurid, Coal Terminali aktsionär osaühing Charboun Invest ja AS Tallinna Sadam (edaspidi „Tallinna Sadam“) kompromissi, mille tulemusel kujundatakse ümber Coal Terminali kõikide võlausaldajate nõuded, pooled lõpetavad kõik pooleli olevad kohtuvaidlused ja loobuvad vastastikku mistahes nõuetest ning Coal Terminal likvideeritakse. Tallinna Sadam tasub pankrotivarasse kompromissi raames 2,7 mln eurot, mis on Tallinna Sadamale laekunud viimase valdusesse üle antud Coal Terminali varade müügi korraldamisest ja müügist. Kompromiss ei ole veel jõustunud ja selle kinnitamise otsustab kohus 15 päeva jooksul kompromissotsuse kohtule esitamise päevast arvates, tehes selle kohta määruse, mis jõustub peale vaidlustustähtaja möödumist.Tallinna Sadama pikaaegse...