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Month: September 2020

ECMOHO to Announce Second Quarter 2020 Unaudited Financial Results

SHANGHAI, China, Sept. 09, 2020 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the non-medical health and wellness market in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2020 on Tuesday, September 15, 2020.ECMOHO’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, September 15, 2020 (Wednesday, September 16 at 9:00 AM Beijing/Hong Kong Time).Due to the outbreak of COVID-19, operator-assisted conference calls are not available at the moment. All participants wishing to attend the call must preregister online before they can receive the dial-in numbers. Preregistration may require a few minutes to complete. The Company would like to apologize for...

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Simply Group Acquisition Corp. Commences Friendly All-Cash Offer to Acquire Dealnet

Dealnet’s Board unanimously supports the Offer;The all-cash offer of $0.16 per Common Share represents a significant premium;The Offer is the result of a fulsome Board endorsed market canvas; andShareholders should tender by 5:00 p.m (Toronto Time) on October 14, 2020 to take advantage of the significant Offer.TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) and Simply Group Acquisition Corp. (the “Offeror”), part of the Simply Group of Companies, announce that the Offeror has commenced its offer to acquire all of Dealnet’s outstanding common shares (the “Common Shares”) for $0.16 in cash per Common Share, pursuant to a board-supported take-over bid (the “Offer”) by mailing the Offer and take-over bid circular to Dealnet shareholders (the “Shareholders”). Dealnet’s...

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Form 8.3 – RSW Holdings Plc

FORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1.         KEY INFORMATION2.         POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should...

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POSITIVE TOP LINE RESULTS FROM PHASE 3 TRIAL IN EB

AMRYT PHARMA PLC(“Amryt” or the “Company”)AMRYT ANNOUNCES POSITIVE TOP LINE RESULTS FROM PIVOTAL PHASE 3 “EASE” TRIAL OF FILSUVEZ® IN EPIDERMOLYSIS BULLOSA– Primary endpoint met with statistical significance (p-value = 0.013)– FILSUVEZ® demonstrated a good safety profile– EASE is the first Phase 3 trial to demonstrate a statistically significant increase in speed of wound healing in Epidermolysis Bullosa– Rolling US regulatory submissions already underway with FDA with priority review request planned  –  EU regulatory submission planned with request for accelerated assessment– FILSUVEZ®, a topical therapeutic gel, has the potential to be the first treatment approved for Epidermolysis BullosaAnalyst and investor call today at 08.30 ET/13.30 BSTDUBLIN, Ireland, and Boston MA, 9 September 2020, Amryt (Nasdaq:...

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Secureworks Reports Second Quarter Fiscal 2021 Results

News Summary32 percent sequential growth in annual recurring revenue from its Red Cloak™ Threat Detection and Response (TDR) and Managed Detection and Response (MDR) offerings.Second quarter revenue of $138.5 million.GAAP gross margin increased to a record 56.7 percent during the quarter, and non-GAAP gross margin increased to a record 59.7 percent, as Secureworks leveraged its resilient workforce to help global customers safely operate in their evolving remote environment.Extended software portfolio with announcement regarding intent to acquire Delve Laboratories, Inc. to address customers’ needs for increased automation and to eliminate manual efforts to reduce vulnerability, as well as enterprise risk.Continued go-to-market momentum with the launch of the Secureworks Global Partner Program in May to extend reach to even more customers...

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AGTC Provides Trial Design Update for its Phase 2/3 XLRP Clinical Trial, New Data on XLRP Higher Dose Group and Financial Results for the Fourth Quarter and Year Ended June 30, 2020

– Planned Phase 2/3 trial expected to include approximately 60 patients and a responder analysis based on at least 7 decibel improvement in visual sensitivity in at least 5 loci across two active dose groups and one control group –– Data from Group 5 supports use of higher dose level in Phase 2/3 trial –– Company on track to provide multiple data readouts for XLRP and ACHM clinical programs in 4Q 2020 –– Company to host management update and webcast with slides today at 8:00am ET –GAINESVILLE, Fla. and CAMBRIDGE, Mass., Sept. 09, 2020 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today provided additional information...

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Husky Announces Review of West White Rose Project

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced a review of the West White Rose Project in the Atlantic region.The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the Company’s capital re-prioritization following the global economic downturn.“A full review of scope, schedule and cost of this project is critical, given the minimum one-year delay to first oil caused by COVID-19, and our priority of maintaining the strength of our balance sheet with ample liquidity,” said CEO Rob Peabody.“Unfortunately, the delay caused by COVID-19 and continued market uncertainty leaves us no choice but to undertake a full review of the project and, by extension, our future operations in Atlantic Canada.”With an expected peak capacity of 75,000 barrels...

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The Lovesac Company Announces Second Quarter Fiscal 2021 Financial Results

Second Quarter Net Sales Increased 28.7%; Comparable Sales Increased 72.4%Net Loss Improves to $1.1 million; Adjusted EBITDA Improves to $2.2 millionSTAMFORD, Conn., Sept. 09, 2020 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”) today announced its financial results for the second quarter of fiscal 2021, which ended August 2, 2020.Shawn Nelson, Chief Executive Officer, stated, “I am very pleased with our team’s resiliency and ability to adapt as we continued to serve our customers in a rapidly changing operating environment.  Our operational pivot to focus on digital channels while showrooms were closed or operating in a limited fashion, as well as our efficient marketing efforts, were very effective. We successfully positioned ourselves to capitalize on strong demand tailwinds resulting in second...

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NexTech AR Acquires Fast-Growing Profitable Amazon eCommerce Launch Platform

VANCOUVER, British Columbia, Sept. 09, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that it has acquired fast-growing eCommerce software platform Next Level Ninjas. Next Level Ninjas matches brands and product testers on it’s VIP Product Testers site, helping brands gain business momentum. The platform works across multiple eCommerce platforms including Amazon, eBay, Shopify, Walmart, Jet and Etsy. It services nine Amazon marketplaces: US, CA, JP, AU and five EU marketplaces: UK, DE, FR, IT, ES.By acquiring this Amazon eCommerce launch platform NexTech is now able to tie together its augmented reality (AR) offerings for eCommerce...

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Flyht Receives Order from China Express to Factory Install AFIRS on ARJ 21 Aircraft and Announces China Express as a Launch Partner for its Actionable Intelligence Solution

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “Flyht”) announced today that it has received an order for 20 AFIRS units that will be factory installed on the ARJ21 aircraft for China Express Airlines Co. Ltd., China’s first private regional airline. China Express will take delivery of the first 20 of an expected commitment for up to 100 of the newest aircraft type available in China over the next 5 years. China Express has also agreed to be a launch customer for Flyht’s Actionable Intelligence solution by integrating AFIRS data from both its current fleet and the incoming ARJ fleet with ground handling data from various systems.Flyht currently has more than 2,800 aircraft equipped with the patented AFIRSTM system, and provides data analytics and reporting...

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