Day: August 26, 2020
August 27, 2020Team Tankers International Ltd. Announces 2nd Quarter 2020 Results 2nd Quarter 2020 resultsTeam Tankers International Ltd. (OSE: TEAM) reported EBITDA for the 2nd quarter of $21.7 million, compared with $16.5 million in the 1st quarter of 2020 (Q2’19: $11.8 million). Net loss in the 2nd quarter of 2020 was $2.4 million, compared with a net income of $1.4 million in the 1st quarter of 2020 (Q2’19 net loss: $17.4 million). The average time charter equivalent rate for the fleet was $14,667 per day this quarter, compared with $13,812 per day in the previous quarter. Team’s CEO, Hans Feringa, commented “We executed the strategic commercial cooperation with Maersk Tankers and commenced the joint venture with V.Group for technical management, building commercial and operational scale for our tanker fleet. The two...
Genmab Announces Late-Breaking Oral Presentation of Phase 2 innovaTV 204 Study at the ESMO Virtual Congress 2020
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Media ReleaseInnovaTV 204 study evaluated tisotumab vedotin in recurrent or metastatic cervical cancerData from the study selected as a late-breaking abstract at ESMO, oral presentation is at 17:04 CEST on Sep 21, 2020 Genmab A/S (Nasdaq: GMAB) announced today that results from the phase 2 innovaTV 204 study evaluating tisotumab vedotin in patients with recurrent or metastatic cervical cancer will be presented as a late-breaking oral presentation at the European Society for Medical Oncology (ESMO) Virtual Congress 2020. The abstract is scheduled to be available on Sep 19, 2020 and will be published online via the ESMO website. “We are very pleased that the innovaTV 204 study is selected as a late-breaking oral presentation at ESMO,” said Jan van de Winkel, Ph.D.,...
Teladoc Health Is Providing Free Virtual Health Care Services to Those Impacted by Western Wildfires
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PURCHASE, NY, Aug. 26, 2020 (GLOBE NEWSWIRE) — Teladoc Health (NYSE: TDOC), the global leader in virtual care, is providing free, 24/7 general medical telehealth visits to residents, first responders and others directly impacted by the western fires currently devastating many parts of California, Oregon and Colorado. Individuals who have been displaced or who cannot access medical care as a result of the wildfires can seek treatment from a board-certified, state licensed physician for any non-emergency illness by calling Teladoc directly at 855-225-5032.With the COVID-19 pandemic presenting an additional health risk, its vital that those impacted know they have immediate access to care in their time of need.“Natural disasters strain communities and health care delivery. This wildfire season is more complicated with an active pandemic...
Acceleware Ltd. Reports Second Quarter 2020 Financial and Operating Results
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CALGARY, Alberta, Aug. 26, 2020 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), an innovator and leading developer of transformative clean-tech energy technologies, today announced its financial and operating results for the three and six months ended June 30, 2020 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s second quarter results reflect contributions from the Company’s two business units, comprised of radio frequency heating technology (“RF Heating”) which supports cost-effective and environmentally friendly extraction of heavy oil and bitumen through its proprietary RF XL Heating technology, along with high-performance scientific computing applications (“HPC”). This news release should be read in conjunction with the Company’s unaudited interim condensed financial...
Platinex Inc. Completes Non-Brokered Private Placement With a Lead Order From Palisades Goldcorp
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TORONTO, Aug. 26, 2020 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (the “Company” or “Platinex“) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Private Placement“), issuing a total of 13,722,000 units (“Units“) for gross proceeds of $960,540 with a lead order from Palisades Goldcorp. Each Unit consists of one common share (a “Common Share“) of the Company and one common share purchase warrant (a “Warrant“) of the Company. Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of $0.10 for a period of 36 months from the date of issuance.The Company intends to use the proceeds of the Private Placement to incur exploration expenses on its Shining Tree property and...
UPDATE – Mohawk Group Announces Closing of $23.5 Million Underwritten Public Offering of Common Stock and Closing of the Acquisition of Truweo
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NEW YORK, Aug. 26, 2020 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (NASDAQ: MWK) (“Mohawk”), the technology-enabled consumer products company, today announced the closing of its previously announced underwritten public offering of 3,357,140 shares of its common stock at a public offering price of $7.00 per share, before deducting underwriting discounts and commissions and estimated offering expenses payable by Mohawk. The net proceeds to Mohawk from this offering are expected to be approximately $20.6 million, after deducting underwriting discounts and commissions and other estimated offering expenses.Mohawk also announced the closing of its previously announced acquisition of assets of Truweo, a leading ecommerce brand in the health and personal wellness category. At the closing of the acquisition, Mohawk utilized $13.9 million...
Cocrystal Pharma Announces $10.0 Million Bought Deal Offering
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BOTHELL, WA, Aug. 26, 2020 (GLOBE NEWSWIRE) — Cocrystal Pharma, Inc. (NASDAQ: COCP), (“Cocrystal” or the “Company”), a clinical stage biotechnology company discovering and developing novel antiviral therapeutics, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 9,523,810 shares of common stock of the Company, at a price to the public of $1.05 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about August 31, 2020, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company also has granted to the underwriter a 30-day option to purchase up to an...
R1 RCM to Present at Two Upcoming Investor Conferences
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CHICAGO, Aug. 26, 2020 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced its management team will present at two upcoming investor conferences:The Baird 2020 Global Healthcare Conference, on Wednesday, September 9, 2020 at 12:50pm ETThe 2020 Cantor Global Virtual Healthcare Conference, on Thursday, September 17, 2020 at 12:40pm ETA live audio webcast and replay of the presentation will be available on the Investor Relations section of R1’s web site at ir.r1rcm.com. The replay will be available for 90 days following the live webcast.About R1 RCMR1 RCM is a leading provider of technology-enabled RCM services which transform and solve revenue cycle performance challenges across hospitals, health systems and group physician...
Mohawk Group Announces Closing of $23.5 Underwritten Public Offering of Common Stock
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NEW YORK, Aug. 26, 2020 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (NASDAQ: MWK) (“Mohawk”), the technology-enabled consumer products company, today announced the closing of its previously announced underwritten public offering of 3,357,140 shares of its common stock at a public offering price of $7.00 per share, before deducting underwriting discounts and commissions and estimated offering expenses payable by Mohawk. The net proceeds to Mohawk from this offering are expected to be approximately $20.6 million, after deducting underwriting discounts and commissions and other estimated offering expenses. Mohawk currently intends to use the net proceeds from the offering to acquire, invest in or license complimentary products, technologies or businesses, including the acquisition of a consumer products business with which Mohawk...
Radient Technologies Inc. Provides Update on Filing of Quarterly Financial Statements and Provides Corporate Update
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EDMONTON, Alberta, Aug. 26, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), announces that the Company will be relying on the temporary 45 day extension to the filing deadline of its interim financial statements and management’s discussion and analysis (“MD&A”) for the quarter ended June 30, 2020 granted by the Alberta Securities Commission (“ASC”) in response to unprecedented challenges resulting from COVID-19. The notice released states that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to August 31, 2020 as a result of the COVID-19 pandemic.As per National Instrument 51-102 Continuous Disclosure Obligations, the Company was to file its quarterly financial...