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Day: October 12, 2020

NEC Selects NXP RF Airfast Multi-chip Modules for Massive MIMO 5G Antenna Radio Unit for Rakuten Mobile in Japan

TOKYO and EINDHOVEN, The Netherlands, Oct. 12, 2020 (GLOBE NEWSWIRE) — NXP® Semiconductors N.V. (NXP; NASDAQ: NXPI) and NEC Corporation (NEC; TSE: 6701) today announced that NEC selected NXP to supply RF Airfast multi-chip modules to be used in a Massive MIMO 5G antenna Radio Unit (RU) for Rakuten Mobile, one of Japan’s leading mobile network operators.NEC’s Massive MIMO 5G antenna RU features a 5G open virtual radio access network (vRAN) interface and has been adopted by Rakuten Mobile for its fully virtualized cloud-native mobile network. The RU utilizes extremely accurate digital beam forming for efficient high-capacity transmission and is easy to install as a result of miniaturization achieved through an increased level of circuit integration.NXP’s new AFSC5G40E38 RF Airfast multi-chip module was developed to meet the frequency...

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Par Pacific Holdings Announces Third Quarter 2020 Earnings Release and Conference Call Schedule

HOUSTON, Oct. 12, 2020 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its third quarter 2020 results before the New York Stock Exchange opens on Monday, November 2, 2020. This release will be followed by a conference call for investors at 9:30 a.m. Central Time (10:30 a.m. Eastern) on the same morning. The full text of the release will be available on Par Pacific’s website at http://www.parpacific.com.Par Pacific Holdings Third Quarter 2020 Earnings Conference CallMonday, November 2, 20209:30 a.m. Central time (10:30 a.m. Eastern)Dial-in number: 1-877-407-3982 (toll-free) or 1-201-493-6780 (toll)Individuals who would like to participate should dial the applicable dial-in number at least 10 minutes before the scheduled conference call time.To access the live audio webcast...

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Gold Bull Executes Purchase Agreement to Acquire Sandman Project from Newmont

ON-TREND, DRILL-READY NEVADAN GOLD ASSET WITH DEFINED RESOURCES AND EXPANSION POTENTIALVANCOUVER, British Columbia, Oct. 12, 2020 (GLOBE NEWSWIRE) — Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to announce it has executed a Purchase and Sales Agreement to acquire 100% of the Sandman Gold Project (“Sandman” or the “Project”) from Newmont for USD $4 million in cash.HIGHLIGHTS:Proven gold mineralization comprising a total Resource of 309,900 oz Au (comprising of Measured & Indicated Resource of 271,900 oz Au plus an Inferred Resource of 38,000 oz Au as per 2007, 43-101 Resource Estimate)Located on renowned gold trend in #1 Mining Jurisdiction in the World (~24km from Sleeper mine that produced 1.7M oz Au @ 7 g/t average head grade, 1986-1996)Extensive & consolidated land package (117km2...

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Sorrento Adds Mesenchymal Stem Cell Program (MSC) That Has Been Cleared for a Phase 1 Trial by the FDA to the Pipeline of COVID-19 Focused Rescue Therapies

SAN DIEGO, Oct. 12, 2020 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) announced today that it has entered into an exclusive license agreement with Personalized Stem Cells, Inc. (PSC) to acquire global rights to its adipose derived mesenchymal stem cells (MSCs) for patients suffering from acute respiratory distress syndrome (ARDS) associated with COVID-19, which have been cleared for a Phase 1 clinical trial by the FDA.The study is a single arm, non-randomized Phase 1 study of the safety and preliminary efficacy of an adipose-derived allogeneic MSC product candidate. The outcome data will be compared to contemporaneous non-enrolled patients at the same clinical site(s) as the enrolled patients. The primary objective is to evaluate the safety of intravenous infusion of allogeneic adipose stem...

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Dentsply Sirona to Host Third Quarter 2020 Conference Call on November 5th

CHARLOTTE, N.C., Oct. 12, 2020 (GLOBE NEWSWIRE) — DENTSPLY SIRONA Inc. (NASDAQ:XRAY), The Dental Solutions Company™, today announced that the Company will host an investor conference call and live webcast on Thursday, November 5, 2020 at 8:30 am ET and send out an earnings press release earlier that morning. A presentation related to the call will be available on www.dentsplysirona.com in the Investors section.Conference Call/Webcast InformationInvestors can access the webcast via a link on Dentsply Sirona’s web site at www.dentsplysirona.com. For those planning to participate on the call, please dial +1-877-370-7637 for domestic calls, or +1-629-228-0723 for international calls. The Conference ID # is 2187918. A replay of the conference call will be available online on the Dentsply Sirona web site, and a dial-in replay will be...

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Merus and myTomorrows Announce Expansion of Collaboration for Screening and eNRGy Clinical Trial Awareness for Cancer Patients with Neuregulin 1 Fusion Tumors

UTRECHT, The Netherlands, and CAMBRIDGE, Mass., Oct. 12, 2020 (GLOBE NEWSWIRE) — myTomorrows, a global health technology company, and Merus N.V. (Nasdaq: MRUS), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics™), today announced the expansion of their ongoing collaboration to raise awareness of screening opportunities for and recruitment of patients with neuregulin 1 (NRG1) fusion cancers.Under a 2019 agreement, myTomorrows has been successfully providing support to eligible patients with NRG1 gene fusion cancers to participate in Merus’ Early Access Program and to receive zenocutuzumab (Zeno, MCLA-128). Expanding the relationship, myTomorrows has agreed to raise awareness of the molecular screening offered by Merus focusing on pancreatic cancer, to identify...

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FTAC OLYMPUS ACQUISITION CORP. ORDINARY SHARES AND WARRANTS TO COMMENCE TRADING SEPARATELY ON OCTOBER 16, 2020

PHILADELPHIA, PA, Oct. 12, 2020 (GLOBE NEWSWIRE) — FTAC Olympus Acquisition Corp. (NASDAQ:FTOCU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced that the holders of the Company’s units may elect to separately trade the Class A ordinary shares and warrants underlying the units commencing on October 16, 2020. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “FTOCU” and the Class A ordinary shares and warrants are expected to trade under the symbols “FTOC” and “FTOCW”, respectively.A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on August 25, 2020. This press release shall...

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Bassett Announces Board Appointment

BASSETT, Va., Oct. 12, 2020 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (BSET) announced that on October 7, 2020, Emma S. Battle was elected a member of its Board of Directors. “We welcome Emma Battle to the Bassett Board of Directors,” said Rob Spilman, Chairman and CEO. “She is a successful businessperson with an extensive background in digital strategy, e-commerce marketing, and client success management. She also has been an avid leader and supporter of education in North Carolina for many years. We look forward to enjoying the benefits of her talent, wisdom and expertise.”After receiving her B.A. degree in Economics and Spanish from Duke University in 1983, Ms. Battle worked at Pepsico in production supervisory roles before obtaining her MBA from Harvard School of Business in 1990. Ms. Battle has over 30 years of...

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LMP Automotive Holdings, Inc. Announces “As a Courtesy to Those Analysts and Investors Who Were Unable to Attend This Morning’s Conference Call,” LMP Is Scheduling a Follow Up Call on October 13, 2020 at 4:30PM ET to Discuss Its Entry Into a Definitive Agreement for the Acquisition of a 70% Interest in New York’s Largest Franchise Dealership Group – Atlantic Automotive Group – and New York Logistics and Vehicle Storage Company – Atlantic Central Storage – Together Valued at $608,000,000

Upon closingand combined with our currently contracted acquisitions, LMP’s revenues are expected to exceed $2.2B on an annualized basis in 2021, with approximately $70M in pre-tax income and expected net income of $4.59 per share, which would likely make LMP a newcomer to the Fortune 1000 list of companies with over 1,600 employees;

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Hermitage Offshore Services Ltd. (HOFSQ:OTC) Announces Results of Chapter 11 Auction Bid Process for Sale of Vessels

HAMILTON, Bermuda, Oct. 12, 2020 (GLOBE NEWSWIRE) — Hermitage Offshore Services Ltd. (HOFSQ:OTC) (“Hermitage Offshore,” or the “Company”) announces the selection of the successful bids for the Company’s vessels pursuant to the bankruptcy procedures under Chapter 11 of the U.S. Bankruptcy Code.As part of the bid process, the Company’s lenders submitted the highest bid of approximately $80 million in aggregate for the Company’s ten platform supply vessels (the “PSVs”) and the Company has determined that this was the successful bid for the PSVs. The lenders’ successful bid for the PSVs constitutes a “credit bid” against the Company’s outstanding indebtedness and will not result in the receipt of any cash consideration by the Company. The Company’s eleven crew vessels will be sold to an unaffiliated third party that submitted a successful...

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