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Month: August 2020

Tonix Pharmaceuticals Reports Second Quarter 2020 Financial Results and Operational Highlights

Preclinical data for TNX-1800, a Vaccine Candidate to Protect Against COVID-19, Expected in Fourth Quarter 2020Interim Analysis Results for Phase 3 RELIEF Trial of TNX-102 SL for the Management of Fibromyalgia Expected in September 2020Topline Data for RELIEF Trial Expected in Fourth Quarter 2020NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced financial results for the second quarter ended June 30, 2020, and provided an overview of recent operational highlights.“The second quarter was highlighted by exciting progress for our lead immunology and central nervous system product candidates,” said Seth Lederman, M.D., President and Chief Executive Officer. “We expect to have the first data from animal studies...

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 VISLINK TECHNOLOGIES, INC. Second Quarter 2020 Earnings Update

HACKETTSTOWN, NJ, Aug. 10, 2020 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (NASDAQ: VISL) (the “Company”) plans to release the results of its second quarter (ended June 30, 2020) on Thursday, August 13, 2020. On Friday August 14, 2020, Vislink’s CEO, Carleton Miller, and CFO, Michael Bond, will host a webcast at approximately 10:00 a.m. ET to give the Q2 earnings update. This webcast will be live at https://services.choruscall.com/links/visl200814.html. Investors will be able to submit questions during the webcast.About Vislink Technologies, Inc.Vislink Technologies is a global leader in the development and distribution of advanced communication solutions. Driven by technical excellence that has led the industry for over 50 years, our innovative products and turnkey solutions provide reliable connectivity in the toughest environments...

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GBLT to Postpone Filing of Q2 2020 Financials and MD&A

DUEREN, Germany , Aug. 10, 2020 (GLOBE NEWSWIRE) — GBLT Corp. (“GBLT” or the “Company”) ‎‎(TSXV:GBLT; ‎‎OTCQB:GBLTF; FSE: 4G9), announces that due to logistics ‎and delays caused by the COVID-19 virus, it is relying on the exemption ‎provided in Ontario Instrument 51-505 – ‎Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 (the “Ontario Instrument”) ‎of the Ontario Securities Commission (and similar exemptions ‎provided by the securities commissions in British ‎Columbia, Alberta and Saskatchewan) to ‎postpone the filing of its interim financial statements for the three and six months ended June 30, 2020, ‎as required by section 4.4 of National Instrument 51-102 – Continuous Disclosure ‎‎Obligations (“NI 51-102”), and its related management discussion...

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iFresh Announces Entry into Definitive Agreement to Acquire Jiuxiang Blue Sky Technology (Beijing) Co., Ltd.

NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — iFresh, Inc. (“iFresh” or the “Company”) (Nasdaq: IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that it has entered into an acquisition agreement (the “Agreement”) to acquire 100% of Jiuxiang Blue Sky Technology (Beijing) Co., Ltd. (“Jiuxiang”).Jiuxiang is a technology company that engages in supply chain financial services, integrated payment systems, and prepaid card marketing systems. These services satisfy customer demands for green products and services and improve environmental performance. Jiuxiang has developed an advanced supply chain platform targeting B2B2C(business to business to Consumer)areas, including signature products of jiayoubei online shopping malls, single-purpose prepaid card payment systems, and supply chain systems....

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爱新鲜宣布达成最终协议收购玖祥蓝天科技(北京)有限公司

纽约, Aug. 10, 2020 (GLOBE NEWSWIRE) — 爱新鲜集团(以下简称“爱新鲜”或“公司”)(纳斯达克股票代码:IFMK)一家领先的亚洲美国连锁超市和网上食品商宣布已达成一项收购协议 (简称“协议”)收购玖详蓝天科技(北京)有限公司(“玖祥”)100%的股权。玖祥是一家聚合支付系统、预付卡营销系统、 专注供应链金融业务的科技公司。公司提供的服务致力于满足客户对绿色产品和服务的环保需求。公司打造的一套B2B2C(Business to Business to Consumer)电子商城为主体的供应链平台。其主要产品包括加油贝线上商城、单用途预付卡结算系统、供应链系统。 这些产品采用从源头到终端,由线上到线下一体化的运营模式,以现金的数字功能为客户提供包括从线上到线下的购物体验、数字支付系统及中小企业系统平台定制服务等根据该协议,爱新鲜将收购玖详100%的股权,以换取本公司5,036,298普通股和1,000股本公司C系列可转换优先股。 经公司股东批准,1,000股C系列优先股将可转换为 1,916,781股公司普通股。 C系列优先股与本公司A系列可转换优先股和B系列可转换优先股处于同等地位。 公司普通股的所有发行和转换均以每股1.402美元的价格行权。 根据收购协议的规定,收购的完成取决于完成条款和条件。“我们很高兴玖详加入爱新鲜的平台。” 爱新鲜主席邓龙先生评论说: “由于玖详的技术专长以及完善的供应链金融服务体系,爱新鲜将能够扩展到公司先前受限的更广泛的客户群,从而为我们的在线食品业务打开了关键市场。 我们相信,玖详的集成供应链平台的部署将有助于提高我们的零售超市业务效率,同时在竞争中获得绝对优势。”玖祥首席执行官刘盟女士评论说:“我们很荣幸能与爱新鲜这样成熟的亚洲连锁超市合作。 此次收购为玖祥提供了一个极好的机会,可以立即在美国推出我们市场领先的技术,这无疑为进一步扩大我们的全球规模迈出了关键的一步。 我们期待与爱新鲜资深的管理团队合作,将一流的移动互联网零售技术平台带入美国。爱新鲜的产品和服务系列与我们在中国服务的客户有很多相似之处,他们大大受益于我们先进移动互联网营销平台。...

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CCL Industries Signs Agreement to Acquire Graphic West

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — CCL Industries Inc. (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today it has signed a binding agreement to acquire Graphic West International ApS (“GWI”), a specialized digital printer of short-run folding cartons for the pharmaceutical and medical device industries with operations in Europe and North America.GWI is headquartered in Horsholm, Denmark, with manufacturing operations in Nowogard, Poland, and Tyler, Texas, in the United States, The enterprise value of the transaction, net of cash and debt, is approximately $36 million. Sales for the twelve months ending June 30, 2020, are approximately $42 million with an estimated adjusted EBITDA of $6...

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REMINDER/Dorel Industries Will Hold a Conference Call to Discuss Its Second Quarter Results

MONTREAL, Aug. 10, 2020 (GLOBE NEWSWIRE) — Dorel Industries Inc. (TSX: DII.B, DII.A)THE PRESS RELEASE WILL BE PUBLISHED THE DAY PRIOR (AUGUST 10™) AFTER MARKETS CLOSE, THROUGH GLOBENEWSWIRE.Please dial in 15 minutes before the conference begins.If you are unable to call in at this time, you may access a recording of the meeting by calling 1-800-585-8367 and entering the passcode 5155159 on your phone. This recording will be available on Tuesday, August 11, 2020 as of 12:00 PM until 11:59 PM on Tuesday, August 18, 2020.MEDIA WISHING TO QUOTE AN ANALYST SHOULD CONTACT THE ANALYST PERSONALLY FOR PERMISSION.NOTE TO FIRST-TIME ANALYSTS: Please contact MaisonBrison at 514-731-0000 prior to the day of the conference call.Interested parties may also listen to a live webcast at https://www.dorel.com/eng/shareholder-information.For further...

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RAPPEL/Les Industries Dorel tiendra une téléconférence pour discuter des résultats du deuxième trimestre

MONTRÉAL, 10 août 2020 (GLOBE NEWSWIRE) — Les Industries Dorel Inc. (TSX : DII.B, DII.A)LE COMMUNIQUÉ DE PRESSE SERA DIFFUSÉ PAR GLOBENEWSWIRE LE JOUR PRÉCÉDENT LA TÉLÉCONFÉRENCE (SOIT LE 10 AOÛT), APRÈS LA CLÔTURE DES MARCHÉS.Veuillez téléphoner 15 minutes avant l’heure prévue pour la conférence.Si vous êtes dans l’impossibilité d’y participer, vous pourrez avoir accès à un enregistrement en téléphonant au 1-800-585-8367 et en entrant le code 5155159 sur votre clavier téléphonique. Cet enregistrement sera disponible du mardi 11 août 2020, à compter de 12 h 00, jusqu’à 23 h 59, le mardi 18 août 2020.LES MÉDIAS QUI SOUHAITERAIENT CITER UN ANALYSTE SONT PRIÉS DE CONTACTER CELUI-CI PERSONNELLEMENT POUR OBTENIR SON APPROBATION.NOTE AUX NOUVEAUX ANALYSTES PARTICIPANTS : Veuillez contacter MaisonBrison au 514-731-0000 avant la journée...

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Datasea Receives Second Subsidy from the Harbin Municipal Government to Develop its Safe Campus Management System

NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”), a technology company engaged in providing smart security solutions and developing education-related technologies in China, announced today that it has been selected to receive a subsidy in the amount of RMB 300,000 (or approximately USD$43,000) from the Harbin Municipal Government to enhance and customize its Safe Campus Management System.Harbin Municipal Government recently launched its “Eagle Plan” to provide additional funds to companies with innovative technologies for research and development purposes. Following the review process, the Company was selected to receive the government subsidy.Datasea’s Safe Campus Management System was designed to address security problems at K-12 school campuses by providing intelligent video...

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Sparton Resources Inc. Private Placement Financing Closed

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV.SRI) (“Sparton” or the “Company“) announced the following today.Exploration UpdateAt the Bruell Project, east of Val D’Or, Quebec, Eldorado Gold Corp. has completed a detailed airborne magnetic survey over the claim area as well as a mechanized till sampling program. Prospecting and geologic mapping is underway.  The magnetic and till sampling data are being compiled to assist in guiding the field work.At the Oakes Project, near Matachewan, Ontario, negotiations with the Affected First Nations are progressing in advance of the receipt of an exploration permit from the Ontario Ministry of Energy, Northern Development and Mines.  A drone-supported detailed airborne magnetic survey is to begin shortly, designed cover the entire 42-claim property...

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