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Month: July 2020

SurveyMonkey Named Among Best Companies for Women to Advance by Parity.org

SAN MATEO, Calif., July 13, 2020 (GLOBE NEWSWIRE) — SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, today announced it has been listed among Parity.org’s Best Companies for Women to Advance for 2020. This list recognizes organizations that have implemented a mix of exemplary benefits, policies, and programs that ensure women have significant opportunities to advance their careers.SurveyMonkey has long championed workplace diversity and inclusion. The organization’s board of directors and senior leadership team have equal numbers of women and men represented, and in 2019 the company announced long- and short-term goals to improve the representation of women and people of color among the employee population. SurveyMonkey seeks to achieve parity for women and men by 2024, while allowing room for gender...

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NVIDIA Names John Dabiri to Board of Directors

SANTA CLARA, Calif., July 13, 2020 (GLOBE NEWSWIRE) — NVIDIA today announced that it has named to its board of directors John Dabiri, the Centennial Professor of aeronautics and mechanical engineering at the California Institute of Technology, where he previously served as dean of Students and chair of the Faculty Board.Dabiri, age 40, recently returned to Caltech after four years at Stanford University, where he was a professor of civil and environmental engineering and of mechanical engineering. He heads the Dabiri Lab, which conducts research at the intersections of fluid mechanics, energy and environment, and biology.“John is an outstanding addition to our board of directors,” said Jensen Huang, founder and CEO of NVIDIA. “He is an extraordinary researcher and leader. He will bring unique perspectives and insight to our work...

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Society6 Momentum Continues with Strongest July 4th Sale in Brand’s History

SANTA MONICA, Calif., July 13, 2020 (GLOBE NEWSWIRE) — Society6 today announced it saw its strongest July 4th sale in the brand’s history. The artist-driven online marketplace, featuring made-to-order products in home décor, wall art, apparel and accessories, saw more than 150% average daily Gross Transaction Value (GTV) growth1 compared to last year’s July 4th campaign.This year’s July 4th campaign generated over $5 million GTV with top selling products, including art prints, framed art prints and throw pillows. Face masks, launched in late June, continued to perform well throughout the holiday weekend. Society6 continues to focus on mobile optimization, including recent improvements to mobile checkout, which helped drive improved conversion during the holiday sale.“Our revamped merchandising strategy and new mobile optimizations...

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Arcutis Initiates Patient Enrollment in the Phase 2b Portion of the Phase 1/2b Study Evaluating ARQ-252 in Chronic Hand Eczema

ARQ-252 is a potent and highly selective topical JAK1 inhibitor offering potential safety advantages over less selective JAK inhibitorsCompany expects topline data in the second half of 2021WESTLAKE VILLAGE, Calif., July 13, 2020 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a medical dermatology company developing innovative treatments for patients with immune-mediated dermatological diseases and conditions, today announced that it initiated enrollment in the Phase 2b portion of the Phase 1/2b study of ARQ-252, a potent and highly selective topical small molecule inhibitor of Janus kinase type 1 (JAK1), in adult patients with chronic hand eczema. Topline data from this trial are expected in the second half of 2021.“More than eight million people in the U.S. suffer from hand eczema, a chronic skin disease that...

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BOTS, Inc. Completes Acquisition of Majority Ownership in First Bitcoin Capital’s Crypto Assets

San Juan, PUERTO RICO, July 13, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry, announced today that it bought a majority of First Bitcoin’s digital and crypto assets and related technologies.Bots, Inc. and First Bitcoin will now begin to enter into long-term service and project development agreements, providing reliable and cost-advantaged product development services for a wide variety of projects including Artificial Intelligence and Machine Learning.  BTZI and BITCF together have significant expertise and capabilities that will deliver operational efficiencies and opportunities for growth and profitability over time combining digital robotics...

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AnPac Bio Completed 1st Half Year with Increased ASP and Revenue

SAN JOSE, Calif., July 13, 2020 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (NASDAQ: ANPC), a biotechnology company with operations in China and the United States focused on early cancer screening and detection, pre-announced certain results from the quarter ending 6/30/20. The Company performed 6,500 paid tests in June 2020, which was almost 50% higher than the average monthly paid tests in 2019.  Based on unaudited numbers for the first half of the year in 2020 through 6/30/20, revenue was slightly higher compared to the same period in 2019, while the average selling price (ASP) increased as well over 2019.  AnPac Bio plans to file the 1st half year results on August 28, 2020.  Highlights during the period of the 1st half of 2020:The Company successfully listed on the NASDAQ stock...

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Meritage Reports Second Quarter 2020 Results; Strong Earnings Growth

GRAND RAPIDS, Mich., July 13, 2020 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended June 28, 2020.Second Quarter HighlightsSales increased 2.6% to $121.7 million compared to $118.7 million for the same period last year.Earnings from Operations increased 68.2% to a record $10.7 million compared to $6.4 million for the same period last year.Net Earnings increased 61.8% to a record $6.1 million compared to $3.8 million for the same period last year.Consolidated EBITDA (a non-GAAP measure) increased 26.9% to a record $16.0 million compared to $12.6 million for the same period last year.            “We are very proud of our restaurant management teams who did a superb job of executing at the Wendy’s drive-thru level,...

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Sparton Resources Inc. Announces Private Placement Financing

TORONTO, July 13, 2020 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV.SRI) (“Sparton” or the “Company“) announced today that it intends to enter into agreements for a private placement financing totalling up to $500,000 through the sale of up to a total of 8,333,333, Non-Flow Through Share Units, Flow Through Share Units and Quebec Flow Through Share Units, (“NFTSUs”, “FTSUs” and “QFTSUs” respectively), in aggregate, to accredited investors.Each NFTSU is priced at $0.05 and each FTSU is priced at $0.06. QFTSUs are priced at $0.065 each. The Units consist of one common share of the Company and one-half common share purchase warrant.Two one-half common share purchase warrants and the sum of $0.10 paid to the Company will entitle FTSU and NFTSU warrant holders to purchase one additional common share for one...

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Kearny Financial Corp. Completes Acquisition of MSB Financial Corp.

FAIRFIELD, N.J., July 13, 2020 (GLOBE NEWSWIRE) —  Kearny Financial Corp. (Nasdaq: KRNY) (“Kearny”), the holding company for Kearny Bank, announced today the successful closing of its previously announced acquisition of MSB Financial Corp. (Nasdaq: MSBF) (“MSB”) and its subsidiary, Millington Bank, on July 10, 2020.Under the terms of the merger agreement, each outstanding share of MSB common stock will be exchanged for 1.3 shares of KRNY common stock or $18.00 in cash, subject to proration ensuring that, in the aggregate, 10% of MSB shares are converted into cash and 90% of MSB shares are converted into Kearny stock. The merger will enhance Kearny’s branch footprint further westward into Somerset and Morris Counties, two very desirable markets in northern New Jersey.  Kearny now has 51 full-service banking locations across New Jersey...

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Phathom Pharmaceuticals Announces Appointment of Todd Branning as Chief Financial Officer

FLORHAM PARK, N.J., July 13, 2020 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a late clinical-stage biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, today announced that it has appointed Todd Branning as Chief Financial Officer.  Interim CFO, David Socks, will continue with the company as a strategic advisor and remain a member of the Board of Directors.Mr. Branning was most recently with Amneal Pharmaceuticals, Inc. (NYSE: AMRX) where he served as Senior Vice President and Chief Financial Officer.  He brings a diverse global finance background consisting of over 25 years of experience in corporate finance and accounting, tax, financial planning and analysis, and investor relations.“I am delighted to welcome Todd to Phathom and to have him join...

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