Day: July 16, 2020

CINCINNATI, July 16, 2020 (GLOBE NEWSWIRE) — LSI Industries (NASDAQ: LYTS) said today that the company has received Samsung’s Smart Signage Award for Food & Beverage Installation of the Year.  The award recognizes LSI for developing communication solutions for quick service restaurant (QSR) customers using innovative digital signage technology. “We are honored to receive this outstanding recognition from Samsung, and we thank them for being a trusted supplier and valued business partner,” said Jim Clark, President and CEO of LSI Industries.  “The award reflects our commitment to working closely with customers in order to understand their needs and deliver high-performance, innovative solutions.” As previously announced by LSI in April of 2020, a large QSR chain awarded the company new business valued at more than $100 million...

CDC reports UV-C Light Germicidal Irradiation (UVGI) as one of “most promising methods” for Coronavirus decontamination of facemasks.1RxAir400 employs powerful UVGI proven to inactivate >99.9% of viruses and pathogensReduces virus exposure risk in schools, restaurants, retail and office facilitiesWorcester, MA, July 16, 2020 (GLOBE NEWSWIRE) — Vystar Corporation (OTCQB: VYST) has restarted production of its RxAir®400 Ultraviolet (UV) light air purification systems with a new manufacturer that will enable enhanced reliability for supply chain, production and delivery. RxAir400 is a smaller, consumer/small business-sized version of the industrial size Rx3000 FDA-certified Class II medical device UV light air purifier designed for disinfection use in hospitals. Vystar anticipates receiving the first shipment of 10,000 RxAir400...

Oslo, 16 July 2020Interoil Exploration and Production ASA (the “Company”) has summoned a written resolution to introduce certain flexibility in the payment terms of the interests on the Senior Secured Callable Bonds with ISIN NO 001 0729908 (the “Bonds”).The proposed flexibility consists in the option of the Company to settle the payment of 50 per cent of the next three interest payments due and payable on 31 July 2020, 31 January 2021 and 31 July 2021, respectively, in kind by the issuance and delivery of new bonds with terms and conditions substantially equal to those of the outstanding bonds. The remaining 50 per cent of the interest payments due on 31 July 2020, 31 January 2021 and 31 July 2021, respectively, is to be settled in cash.Please see the attached summons for further background and a complete and detailed description of...

Invalda INVL, following the Rules for Granting Equity Incentives approved by the General Meeting of Shareholders on 1 July 2020 and pursuant to the decision of the said shareholders’ meeting on concluding option contracts with employees of Invalda INVL and of the companies, in which Invalda INVL owns 50 per cent or more of shares, signed option contracts for 232,210 ordinary registered shares of Invalda INVL AB.Invalda INVL concludes contracts on the issuance of share options to employees annually. On the basis of option contracts concluded in 2018, employees will be able to acquire up to 59,674 Invalda INVL shares in 2021, on the basis of option contracts concluded in 2019, employees will be able to acquire up to 70,397 shares in 2022, and on the basis of option contracts concluded on 1 June and 15 July this year, employees will...

Akcinė bendrovė „Invalda INVL“, vykdydama 2020 m. liepos 1 d. visuotiniame akcininkų susirinkime patvirtintų Akcijų suteikimo taisyklių nuostatas bei vadovaudamasi minėto akcininkų susirinkimo sprendimu dėl opcionų sutarčių sudarymo, su akcinės bendrovės „Invalda INVL“ ir įmonių, kurių daugiau kaip 50 proc. akcijų priklauso akcinei bendrovei „Invalda INVL“ darbuotojais sudarė opcionų sutartis dėl 232.210 paprastųjų vardinių akcinės bendrovės „Invalda INVL“ akcijų.„Invalda INVL“ sutartis dėl akcijų opcionų skyrimo darbuotojams sudaro kasmet. 2018 m. sudarytų opcionų sutarčių pagrindu darbuotojai 2021 m. galės įsigyti iki 59.674 „Invaldos INVL“ akcijų, 2019 m. sudarytų opcionų sutarčių pagrindu darbuotojai 2022 m. galės įsigyti iki 70.397 akcijų, o šių metų birželio 1 d. ir liepos 15 d. sudarytų opcionų sutarčių pagrindu darbuotojai 2023...

SOMERSET, N.J., July 16, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the commencement of an underwritten public offering of approximately 800,000 shares of its non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) at a proposed price of $25.00 per share. In connection with the offering, MTBC expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock offered in the public offering.B. Riley FBR, Ladenburg Thalmann and National Securities Corporation are acting as bookrunning managers for the offering. The Benchmark Company, Boenning & Scattergood, Chapin Davis, Colliers Securities LLC and Wedbush...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, July 16, 2020 (GLOBE NEWSWIRE) — Clarmin Explorations Inc. (TSX.V: CX) (the “Company” or “Clarmin”), a Tier 2 mining issuer listed on the TSX Venture Exchange (the “TSXV”), is pleased to announce the proposed management team and board of directors of the issuer (the “Resulting Issuer”) resulting from the proposed reverse takeover of the Company by Cybin Corp. (“Cybin”), a private psilocybin and nutraceutical company (the “Proposed Transaction”).The following is a brief biography of the proposed executive officers and directors of the Resulting Issuer:Paul Glavine, Director and Chief Executive OfficerPaul Glavine is the Co-founder and Chief Executive Officer of Cybin. He is a serial entrepreneur and investor...

Development funded under contract award from NIAID/NIH as part of the CIVICs programCurrently no approved universal influenza vaccineCDC estimates 35.5 million people were infected with influenza in U.S. during 2018-2019 seasonCollaboration will combine Dynavax’s CpG 1018 with influenza antigens designed to protect against all strains of influenzaNEW YORK and EMERYVILLE, Calif., July 16, 2020 (GLOBE NEWSWIRE) — Dynavax Technologies Corporation (NASDAQ: DVAX), a biopharmaceutical company focused on developing and commercializing novel vaccines, and the Icahn School of Medicine at Mount Sinai (“Mount Sinai”) today announced they have entered into a collaboration to develop a universal influenza (flu) vaccine. Mount Sinai’s current work in this area is funded under a contract award from the National Institute of Allergy and Infectious...

Kvika has signed a letter of intent for the purchase of 80% share in Netgíró. The bank Currently owns around 20% share in the company and will therefore, if the purchase goes through, become the sole owner of the company.The purchase of Netgíró is in line with the bank’s policy to use technological solutions to modernize financial services. Netgíró has focused the development of credit ratings as well as offering simple installment payments. The bank has previously successfully launched the fintech service Auður.    Kvika has had a successful collaboration with Netgíró in the past years, including financing of the company’s claims. The purchase will enable the bank to further strengthen the collaboration with the company which will lead to increased efficiency and optimization for both parties. Netgíró currently operates in...