Day: July 1, 2020
SHANGHAI, China, July 01, 2020 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD) announced today that its Board of Directors has appointed Mr. Lei Chen as Chief Executive Officer, effective immediately. Mr. Zheng Huang, the Company’s Chairman and former Chief Executive Officer, will remain as Chairman of the Board.Mr. Chen is one of the founding members of the Company and has served as Chief Technology Officer of the Company since 2016. Prior to joining the Company, Mr. Chen served as Chief Technology Officer of Xinyoudi Studio since 2011. He received his bachelor’s degree in computer science from Tsinghua University and his doctoral degree in computer science from University of Wisconsin-Madison.“The management changes will place us on an even stronger footing to strive for the...
SeaBird Exploration Plc: Extraordinary General Meeting
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01 July 2020, Limassol, CyprusThe directors of SeaBird Exploration Plc («The Company») hereby give notice of an Extraordinary General Meeting (“EGM”) of the shareholders to be held on 16 Jul 2020 at 11.00 (local time) at Diagoras House 7th Floor, 16 Pantelis Catelaris Street, CY 1097 Nicosia, Cyprus.Two of the largest shareholders in the Company, Anderson Invest AS and Vatne Equity AS, have expressed their interest in being represented on the company’s Board of Directors with a joint representative. The Board of Directors welcomes the initiative, and has as a consequence proposed to increase the number of directors in the company by one, to a total of five, and the company’s Nomination Committee has nominated Mr. Hans Christian Anderson to become a director of the company.Further, in view of the Company`s efforts to cut costs, the Board...
ReWalk Robotics Announces $9.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
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MARLBOROUGH, Mass. and YOKNEAM ILIT, Israel, July 01, 2020 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that it has entered into definitive agreements with several institutional investors providing for the issuance of approximately 4,938,278 of the Company’s ordinary shares, at a purchase price of $1.8225, in a registered direct offering priced at-the-market under Nasdaq Rules. ReWalk has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate amount of 2,469,139 ordinary shares. The offering is expected to close on or about July 6, 2020, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The warrants will have a term of five and one-half years, be exercisable...
YRC Worldwide Expects To Receive $700 Million CARES Act Loan from U.S. Treasury
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OVERLAND PARK, Kan., July 01, 2020 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ: YRCW), the nation’s second largest less-than-truckload (LTL) shipping company, today announced that the United States Department of the Treasury (“UST”) intends to provide a $700 million loan to YRCW under authorization provided by Subtitle A of Title IV of the CARES Act. YRCW and its operating companies Holland, New Penn, Reddaway, and YRC Freight have been significantly impacted by the COVID-19 pandemic. These companies collectively employ 30,000 trucking professionals, including 24,000 Teamsters. The CARES Act assistance will be used to pay for deferred employee healthcare and pension costs and other contractual obligations as well as to support essential capital investment.YRCW CEO Darren Hawkins stated, “We would like to thank Congress for passing...
Tower Semiconductor Announces Second Quarter 2020 Financial Results and Conference Call
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MIGDAL HAEMEK, Israel – July 01, 2020 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2020 earnings release on Wednesday, July 29, 2020. The Company will hold a conference call to discuss its second quarter 2020 financial results and third quarter 2020 guidance on Wednesday, July 29, 2020, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).This call will be webcasted and can be accessed through the Investor Relations section on Tower Semiconductor’s website at https://ir.towersemi.com/ or can also be accessed by calling the following numbers: U.S. Toll Free: 1-888-668-9141; Israel: 03-918-0609; International: +972-3-918-0609. The teleconference will be available for replay for 90...
Texas Mineral Resources Files Preliminary Proxy Statement
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SIERRA BLANCA, TX, July 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Texas Mineral Resources Corp. (OTCQB: TMRC):· USA Rare Earth LLC, the Round Top development and funding partner, is in advanced discussions to secure financing to complete the project Definitive Feasibility Study and through to mine construction· TMRC board has approved acceleration of the funding and development agreement and is asking shareholders to ratify the 2019 amended and restated agreement with USA Rare EarthTexas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths, technology metals and a variety of industrial minerals, has filed a preliminary proxy statement seeking shareholder ratification of the amended and restated August 2019 option agreement with USA Rare Earth to fund the development of...
YMAGIS : Placement en redressement judiciaire
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Communiqué de presseParis (France) – Le 1er juillet 2020 à 12h00Placement en redressement judiciaireLe Groupe Ymagis (FR0011471291, MAGIS, PEA-PME, TECH 40), spécialiste européen des technologies numériques pour l’industrie du cinéma, ayant pris la décision de se placer sous la protection de la justice commerciale, le Tribunal de Commerce de Paris a décidé aujourd’hui l’ouverture d’un redressement judiciaire à son bénéfice et fixé à six mois la période d’observation.L’activité du groupe Ymagis étant presque intégralement tournée vers le cinéma, l’arrêt total des salles en France et ailleurs causé par le COVID-19 a eu un impact très fort sur son activité, qui a subi un brusque arrêt durant près de 3 mois. Alors que le secteur du cinéma ne reprend que très progressivement ses activités, Ymagis s’est vu refuser un prêt garanti par...
Investeringsforeningen Nykredit Invest – suspension af afdelinger
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Suspension af investeringsforeningerDa det for nuværende ikke er muligt at stille korrekte priser, har Nykredit Portefølje Administration A/S anmodet Nasdaq Copenhagen A/S om suspension af nedenstående afdelinger:Eventuelle spørgsmål vedrørende denne meddelelse kan rettes til adm. direktør Martin Udbye Madsen, tlf. 44 55 86 45.Med venlig hilsenNykredit Portefølje Administration A/SMartin Udbye Madsen, adm. direktørVedhæftet filFondsbørsmeddelelse – suspension – 01072020 – Nykredit Invest, noterede
Investeringsforeningen Investin – suspension af afdelinger
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Suspension af investeringsforeningerDa det for nuværende ikke er muligt at stille korrekte priser, har Nykredit Portefølje Administration A/S anmodet Nasdaq Copenhagen A/S om suspension af nedenstående afdelinger:Eventuelle spørgsmål vedrørende denne meddelelse kan rettes til adm. direktør Martin Udbye Madsen, tlf. 44 55 86 45.Med venlig hilsenNykredit Portefølje Administration A/SMartin Udbye Madsen, adm. direktørVedhæftet filFondbørsmeddelelse – suspension – 01072020 – Investin, noterede
Friendable Announces Fan Pass “Official Launch Event” July 24, 2020 Featuring Artists, Producers and DJ’s Performing Live
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Venues and Studios to Become Virtual Stages Across the United StatesCAMPBELL, CA, July 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Friendable, Inc. (OTC: FDBL) is pleased to announce the official launch event, as Fan Pass prepares to showcase its wide range of features and to show off the mobile and desktop Live Streaming capabilities.The Company’s launch event will feature a variety of artists from multiple genres of music and entertainment, all performing Live throughout the day on July 24, 2020. Additionally, Fan Pass has secured venues and studios to broadcast certain artists as well as others who will be performing from their home-based stages or venues from locations around the US.“As we are now approaching the most critical time in any product lifecycle, Fan Pass is poised to show both the artists and their fans...