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Day: July 22, 2020

Ultragenyx Announces U.S. Commercial Launch of Dojolvi™ (triheptanoin), the First FDA-Approved Therapy for the Treatment of Long-chain Fatty Acid Oxidation Disorders

NOVATO, Calif., July 22, 2020 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel products for rare and ultra-rare diseases, today announced that Dojolvi™ (triheptanoin) is now commercially available. The U.S. Food and Drug Administration (FDA) approved Dojolvi on June 30, 2020 as a source of calories and fatty acids for the treatment of pediatric and adult patients with molecularly confirmed long-chain fatty acid oxidation disorders (LC-FAOD), a group of rare, lifelong, and life-threatening genetic disorders in which the body is unable to convert long-chain fatty acids into energy.“Dojolvi, the only FDA-approved therapy for LC-FAOD, is now available for patients living with this serious, unpredictable, and often catastrophic disease,”...

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Bombardier Reports Better than Expected Cash Usage in the Second Quarter and a New $1 billion Senior Secured Credit Facility

MONTREAL, July 22, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed by HPS Investment Partners, LLC to provide a three-year senior secured term loan (the “Facility”) of up to $1.0 billion. Collectively, these actions provide Bombardier with additional liquidly to operate its business through the COVID-19 pandemic as it works to close the previously announced divestures undertaken to reshape Bombardier’s capital structure.As of June 30, 2020, cash on hand and liquidity(1) were approximately $1.7 and $2.4 billion, respectively. With the new Facility, Bombardier expects second quarter 2020 pro-forma liquidity(2) of approximately $3.4 billion,...

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Bombardier présente une utilisation des flux de trésorerie plus faible que prévu pour le deuxième trimestre ainsi que d’une nouvelle facilité de crédit de 1 milliard $

MONTRÉAL, 22 juill. 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) a annoncé aujourd’hui que son utilisation des flux de trésorerie pour le deuxième trimestre était d’environ 500 millions $ de moins que celle prévue et qu’elle a obtenu un engagement de fonds d’investissement et de comptes gérés par HPS Investment Partners, LLC pour lui faire un prêt à terme de trois ans garanti de premier rang (la « Facilité ») d’un maximum de 1,0 milliard $. Collectivement, ces actions donnent à Bombardier des liquidités additionnelles lui permettant d’exercer ses activités pendant la pandémie de la COVID-19, alors qu’elle travaille à clore les cessions antérieurement annoncées pour remodeler la structure de capital de Bombardier.  Le 30 juin 2020, l’encaisse et les liquidités (1) totalisaient respectivement environ 1,7 milliard $ et 2,4 milliards $....

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New Video: Look Through Our Most Transparent Electricity-Generating SolarWindow™, Ever

VESTAL, N.Y., July 22, 2020 (GLOBE NEWSWIRE) — SolarWindow Technologies, Inc. (Symbol: WNDW) today released first-person video footage demonstrating its new, highly transparent electricity-generating glass to its stakeholders, building owners, developers, and architects.Click here to see first-hand, your own clear view through our most transparent electricity-generating SolarWindow™.SolarWindow™ transparent electricity-generating coatings produce energy when exposed to sunlight, indoor light, low light, reflected light, and even shaded light sources.Once applied in ultra-thin layers, ordinary glass becomes an electricity-generating SolarWindow™. Nearly invisible wires transport the electricity to edge of the window, which can be routed to power devices, either directly from SolarWindow™ itself or through a building’s electrical...

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C-Bond Systems Enters into Supply Agreement with Leading National Vehicle Protection Solutions Provider

HOUSTON, July 22, 2020 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, announced today that it has entered into a private label supply agreement with a leading national vehicle protection solutions provider to sell a private label version of C-Bond NanoShield as part of a windshield warranty package currently being sold in thousands of automotive dealerships across the United States.C-Bond NanoShield technology protects and strengthens windshields by permeating the glass surface and repairing the microscopic flaws and defects on the glass that ultimately initiate chipping and cracking. The strengthening process begins immediately upon application and continues while the material cures in the following days. The product provides long lasting protection from rapidly increasing...

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Sono-Tek Announces $1.6 Million Order for the Advanced Textiles Industry

Order is the Largest System for the Textile Industry to DateMILTON, NY, July 22, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a significant new order for two systems to be used in the Advanced Textiles industry, with a total value of approximately USD $1.6 million. The order is among the largest that the Company has received in its history and is for a high-volume proprietary ultrasonic coating system for an international customer, which is expected to be shipped in two installments during Sono-Tek’s fiscal year 2021 (ending February 28, 2021). Sono-Tek’s applications engineering team has worked closely with the customer to ensure that this system will provide the unique coating characteristics...

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Vericel to Report Second-Quarter 2020 Financial Results on August 5, 2020

CAMBRIDGE, Mass., July 22, 2020 (GLOBE NEWSWIRE) — Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced the following webcast and conference call to discuss its second-quarter 2020 financial results and business highlights.To participate in the live call by telephone, please call (877) 312-5881 and reference Vericel Corporation second-quarter 2020 earnings call.  If calling from outside the U.S., please use the international phone number (253) 237-1173.If you are unable to participate in the live call, the webcast will be available at http://investors.vcel.com/events-presentations until August 5, 2021.  A replay of the call will also be available until 11:00am (EDT) on August 12, 2020 by calling (855) 859-2056, or from outside the U.S. (404) 537-3406. ...

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IEC Will Host Conference Call to Discuss Fiscal 2020 Third Quarter Financial Results

NEWARK, N.Y., July 22, 2020 (GLOBE NEWSWIRE) — IEC Electronics Corp. (Nasdaq: IEC) today announced that it will host a conference call on Wednesday, August 5, 2020 at 10:00 a.m. Eastern Time, to discuss its financial results for the fiscal third quarter of 2020, ended June 26, 2020.The conference call may be accessed in the U.S. and Canada by dialing toll-free (877) 407-9210. International callers may access the call by dialing (201) 689-8049.A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing (877) 481-4010 and international callers may dial (919) 882-2331. Callers must enter conference ID: 35725.To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at https://www.webcaster4.com/Webcast/Page/2149/35725....

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Hudson Technologies to Host Conference Call to Discuss Second Quarter 2020 Results

PEARL RIVER, N.Y., July 22, 2020 (GLOBE NEWSWIRE) — Hudson Technologies, Inc. (NASDAQ: HDSN) will host a conference call and webcast on Wednesday, August 5, 2020 at 5:00 p.m. Eastern Time to discuss the Company’s second quarter results.To access the live webcast, log onto the Hudson Technologies website at www.hudsontech.com, and click on “Investor Relations”.To participate in the call by phone, dial (844) 407-9500 approximately five minutes prior to the scheduled start time. International callers please dial (862) 298-0850.A replay of the teleconference will be available until September 4, 2020 and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331.  Callers should use conference ID: 35826. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995Statements contained...

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Vemanti Group’s Portfolio Company Fvndit Has Disbursed Over $15 Million In Loans To SMEs

IRVINE, Calif., July 22, 2020 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (OTC PINK:VMNT) a multi-asset technology-driven company, today announced that its portfolio company, Fvndit, Inc. (“Fvndit”), has disbursed a record of over $15M USD in loans to SMEs in Vietnam through its P2P lending marketplace, eLoan JSC (“eLoan”).eLoan’s total revenues for FY2019 increased by 338% compared to FY2018. Despite the global uncertainties around COVID-19, it is still projected to exceed last year’s performance. Most of the loans are short-term loans, averaging a two-month term. The average ticket size of the loans facilitated stands at $50,000 USD. Small to Medium-Size Enterprises (SMEs) play a major role in Vietnam’s economy, accounting for 98% of all enterprises, more than 41% of GDP ($261.64 billion – nominal, 2019 est.), and over...

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