Month: June 2020

BOWIE, Md., June 10, 2020 (GLOBE NEWSWIRE) — Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced a multi-year engagement with Priority Health, a leading Michigan health plan with more than one million members, to provide a configuration of the Inovalon ONE® Platform in support of superior member insights and economic performance for its commercial and Medicare Advantage memberships.Under this engagement, Inovalon will implement Modules of the Inovalon ONE® Platform empowering healthcare ecosystem connectivity, data integration, clinical data extraction, natural language processing, predictive analytics, data visualization, and a number of additional capabilities within an integrated offering for Priority Health. Leveraging Inovalon’s platform, empowered by more...

SAN FRANCISCO, June 10, 2020 (GLOBE NEWSWIRE) — The RealReal, Inc. (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, cosigned luxury goods—today announced that it intends to offer $125 million in aggregate principal amount of its Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company expects to grant the initial purchasers a 13-day option to purchase up to an additional $18.75 million in aggregate principal amount of notes. The offering is subject to market and other 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.The...

SAN FRANCISCO, June 10, 2020 (GLOBE NEWSWIRE) — APPlife Digital Solutions, Inc. (OTCQB: ALDS) (“APPlife”, the “Company”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions, announced today that it has retained public relation firm Rousso, Bradley & Associates and The Kraze Agency, a boutique branding and digital marketing agency, to help elevate brand awareness and initiate marketing strategies to expand the customer base and sales for its custom men’s grooming products subscription service, Rooster Essentials.“We are very excited to begin working with the professionals at Rousso, Bradley and The Kraze agency in creating a well-defined and integrated messaging and branding platform for our Rooster Essentials business,” stated Matt Reid, CEO of APPlife. “By utilizing...

After up to 4.8 years of continuous treatment with SPINRAZA, 100 percent of children treated pre-symptomatically were alive, and none require permanent ventilationPatients continued to maintain and make progressive gains in motor function compared to the natural history of the disease, with 96 percent now able to walk with assistanceThe NURTURE study was recently extended to evaluate the longer-term efficacy and safety of SPINRAZA up to 8 years of ageCAMBRIDGE, Mass., June 10, 2020 (GLOBE NEWSWIRE) —  Biogen Inc. (Nasdaq: BIIB) today announced new results from NURTURE, the longest study of pre-symptomatic patients with spinal muscular atrophy (SMA) that is transforming expectations of early treatment with SPINRAZA (nusinersen). In infants genetically diagnosed with SMA, new data demonstrate that early and sustained treatment with...

BROOKINGS, S.D., June 10, 2020 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ – DAKT) today reported fiscal year and fourth quarter 2020 results.  Daktronics reported fiscal year 2020 net sales of $608.9 million, operating loss of $0.2 million, net income of $0.5 million, and earnings per diluted share of $0.01.  This compares to net sales of $569.7 million, operating loss of $4.7 million, and net loss of $1.0 million, or $0.02 per diluted share for fiscal 2019.  Fiscal 2020 orders were $620.8 million compared to $608.9 million for fiscal 2019.Daktronics reported fiscal 2020 fourth quarter net sales of $126.1 million, operating loss of $3.5 million, and net loss of $1.1 million, or $0.02 per diluted share, compared to net sales of $127.8 million, operating loss of $10.3 million, and net loss of $10.8 million, or $0.24 per diluted...

SAN DIEGO, June 10, 2020 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced that due to the health, safety and travel concerns of stockholders and federal, state and local government recommendations and restrictions imposed in response to the novel coronavirus (COVID-19) pandemic, the location of its 2020 Annual Meeting of Stockholders has changed. The Annual Meeting of Stockholders will be held virtually, by webcast, and stockholders will not be able to attend in person. The meeting will be held on the same date and time as originally scheduled, Tuesday, June 23, 2020 at 8 a.m. PDT. As described in the company’s proxy materials previously distributed for the Annual Meeting, Otonomy stockholders as of the close...

NEW YORK and TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, and virtual events is pleased to announce that it has signed a partner agreement and contract to provide its InfernoAR Virtual Events platform services to Skybridge World Dubai clients.  Skybridge is a leading events, exhibition and marketing solutions provider to global corporations whose clients include: Emirates Glass, IBM, Lilly, Henkel, Amgen and many others. NexTech and Skybridge have already solidified their partnership and signed up their first customer, Bohringer Ingelheim.Ezzeldin Delawar – Commercial Manager of Skybridge comments, “When I first met the NexTech AR team, I was greeted by a group of creative, hardworking...

– Global biopharmaceutical industry veteran brings significant commercial expertise and business acumen to help advance the Company’s medical dermatology portfolio –WEST CHESTER, Penn., June 10, 2020 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for viral skin diseases requiring medical interventions, today announced the appointment of Diem Nguyen, Ph.D., M.B.A., to its Board of Directors.“The addition of Diem Nguyen to our Board brings another proven pharmaceutical industry leader, with a successful track record of product development and commercialization, to the Verrica team,” said Paul B. Manning, Chairman of the Board, Verrica. “Her appointment puts us in a position of strength as we prepare for the potential U.S. approval and commercialization...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.HALIFAX, Nova Scotia and VANCOUVER, British Columbia, June 10, 2020 (GLOBE NEWSWIRE) — MegumaGold Corp. (CSE: NSAU, OTC: NSAUF, FWB: 2CM2) (“MegumaGold”) and Osprey Gold Development Ltd. (TSXV: OS, OTCQB: OSSPF) (“Osprey”) are pleased to announce that, further to their joint press release on March 23, 2020, the companies have entered into a definitive agreement (the “Arrangement Agreement”) to merge their respective businesses pursuant to a plan of arrangement (the “Transaction”) to create a leading Nova Scotia precious metals exploration company focused within highly prospective and reactivated historic mining camps of Nova Scotia, Canada.Theo Van...

TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company“) (TSXV:GTWO) is pleased to announce that it proposes to complete a non-brokered private placement (the “Offering”) pursuant to which it will issue 9,615,384 units (“Units”) at a price of $0.52 per Unit to raise aggregate gross proceeds of approximately $5,000,000.  Each Unit will consist of one common share of the Company (a “Share”) and one-half of one share purchase warrant (each whole such share purchase warrant, a “Warrant”), with each Warrant exercisable to acquire one additional Share at an exercise price of $1.00 for a period of 18 months from the closing of the Offering.  The Offering has been fully subscribed, including subscriptions from Northfield Capital Corporation for approximately 960,000 Units and from insiders...