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Month: August 2020

Teligent, Inc. to Hold Conference Call for Second Quarter 2020 Financial Results and Business Update on Wednesday August 19th, 2020

BUENA, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, announced they will hold a conference call at 8:00AM ET on Wednesday August 19th, 2020 to discuss the 2nd quarter 2020 financial results and business update.The Company invites you to listen to the call by dialing (866) 393-8366.  International participants should call (409) 350-3154.  Participants should ask to join the Teligent, Inc. call.This call is available via webcast and can be accessed under News & Events in the Investor Relations section of Teligent, Inc.’s website at www.teligent.com.About Teligent, Inc.Teligent is a specialty generic pharmaceutical company.  Our mission is to be a leading player in the specialty generic prescription drug market.  Learn more on our website...

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Unisync Reports Year Over Year Improvement in Q3 EBITDA Despite Unprecedented Economic Challenges Caused by COVID-19

TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Unisync Corp. (TSX: “UNI”) (the “Company”) operates through two business segments: Unisync Group Limited (“UGL”) headquartered in Mississauga, Ontario and Peerless Garments LP (“Peerless”) based in Winnipeg, Manitoba.Consolidated revenue for the three months ended June 30, 2020 (“Q3 2020”) of $17.2 million decreased by $4.4 million or 20% over the three months ended June 30, 2019 (“Q3 2019”) on a $5.5 million revenue drop in the UGL segment partially offset by a $1.1 million revenue improvement in the Peerless segment. Revenue for the 9 month period ended June 30, 2020 of $72.0 million was 25% higher than the $57.6 million reported for the same period last year.UGL segment revenue of $12.2 million decreased by 31% over Q3 2019 caused by the impact of the COVID-19 pandemic...

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Warner Music Group Corp. Announces Quarterly Cash Dividend

NEW YORK, Aug. 14, 2020 (GLOBE NEWSWIRE) — Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on WMG’s Class A Common Stock and Class B Common Stock, representing an aggregate quarterly dividend of approximately $61.2 million (based on the issued and outstanding shares of Class A Common Stock and Class B Common Stock). The dividend is payable on September 1, 2020, to stockholders of record as of the close of business on August 25, 2020.About Warner Music GroupWith a legacy extending back over 200 years, Warner Music Group (WMG) today brings together artists, songwriters and entrepreneurs that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees,...

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Outlook Therapeutics Reports Financial Results for the Third Quarter of Fiscal Year 2020 and Provides Corporate Update

Successfully completed NORSE 2 enrollment in July 2020NORSE 1 topline results to be reported in August 2020MONMOUTH JUNCTION, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK), a late clinical-stage biopharmaceutical company working to develop the first FDA-approved ophthalmic formulation of bevacizumab-vikg for use in retinal indications, today announced its corporate highlights and financial results for its fiscal third quarter ended June 30, 2020.“I am extremely proud of the progress we have made over the last few months. In addition to successfully completing two strategic financings during the last quarter that helped provide a meaningful cash runway as we advance ONS-5010 towards a BLA submission, we continued to achieve important clinical milestones,” said Lawrence A. Kenyon, President, CEO...

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Optinose Announces Pricing of Public Offering of Common Stock

YARDLEY, Pa., Aug. 14, 2020 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat and allergy specialists, today announced the pricing of its previously announced public offering of 6,000,000 shares of common stock at a price to the public of $5.85 per share. All of the shares of common stock will be offered by Optinose. Optinose also granted the underwriter a 30-day option to purchase up to an additional 900,000 shares of common stock. The offering is expected to close on August 18, 2020, subject to satisfaction of customary closing conditions.Optinose intends to use the net proceeds of the offering for working capital and general corporate purposes, including the commercialization of XHANCE, the clinical development of XHANCE for a follow‑on indication for the treatment...

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Whole Earth Brands, Inc. Reports Second Quarter 2020 Financial Results

Branded CPG product revenues increased 4.3% (6.6% constant currency) in the second quarterBusiness combination between Act II and Merisant Company and MAFCO Worldwide LLC completed on June 25, 2020Cash balance of $61.6 million and total liquidity of $110.9 million as of June 30, 2020CHICAGO, Aug. 14, 2020 (GLOBE NEWSWIRE) — Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), today announced its financial results for its second quarter ended June 30, 2020.SECOND QUARTER 2020 HIGHLIGHTSBusiness combination completed on June 25, 2020 with Flavors Holdings Inc. subsidiaries Merisant Company (“Merisant”), one of the world’s leading manufacturers of calorie-FREE and low-calorie sugar substitutes, and MAFCO Worldwide LLC (“MAFCO”), the world’s leading manufacturer of natural licorice products.Consolidated...

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VerifyMe Reports Second Quarter 2020 Results

ROCHESTER, N.Y., Aug. 14, 2020 (GLOBE NEWSWIRE) — VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging and products, announced the Company’s financial results for the second quarter ended June 30, 2020 (“Q2 2020”).Key Financial Highlights for Q2 2020:Revenues increased 86% to $75,256, compared to $40,479 in the second quarter ended June 30, 2019Gross margins of 82%Operating loss increased by 11% to $0.7 millionAdjusted EBITDA(1) improved by 12% to a loss of $352,927Cash balance of $9.6 millionAlleviated going concern issue_________________________________(1) Adjusted EBITDA is a non-GAAP financial measure. Please see...

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InPlay Oil Corp. Announces BDC Term Facility and Provides Second Quarter 2020 Financial and Operating Results

CALGARY, Alberta, Aug. 14, 2020 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that it has entered into a non-binding term sheet (the “BDC Term Sheet”) with the Business Development Bank of Canada (“BDC”), in partnership with our syndicate of lenders, for a non-revolving term facility of up to $25 million with a four year term. The Company is also announcing its financial and operating results for the second quarter. InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2020 will be available at “www.sedar.com” and our website at “www.inplayoil.com”.Subsequent to the end of the second quarter, on July 15, 2020 the Company announced the completion...

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DSS Announces Second Quarter 2020 Financial Results

ROCHESTER, N.Y., Aug. 14, 2020 (GLOBE NEWSWIRE) — Document Security Systems, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational company operating businesses focusing on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced its financial results for the second quarter ended June 30, 2020.Business Highlights:Signed agreement to acquire Impact BioMedical; after the quarter end, DSS shareholders voted to approve the acquisition, meeting the final condition required to complete the transaction.Strengthened balance sheet by completing a $6.2 million offering in June and subsequently raised an additional $9.9 million in two separate offerings in July 2020.Premier Packaging subsidiary signed multi-year contract valued at $6 million per...

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