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Month: December 2020

Hammer Fiber Optics Holdings Corp Announces Financial Results for Quarter Ended October 31, 2020

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) —  Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced operating and financial results for the fiscal quarter ended October 31, 2020.Key results include:Total revenues for the quarter were $484,842, increasing over the fourth quarter of Fiscal 2019. The increase was due to strong performance from Hammer’s SMS messaging practice.EBITDA (non-GAAP) loss for the quarter decreased to $15,572. The company had positive cash flows in the final month of the quarter (unaudited) and anticipates positive cash flow on a forward-looking basis.Development of the HammerCall video conferencing product has now been completed, and final versions of the mobile applications for IOS and Android will be available in December. Hammer intends to pursue direct sales as well as sales through multiple white label...

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Gilead  and  Galapagos  announce  New  Commercialization  and  Development  Agreement  for  Jyseleca®  (filgotinib)  

— Gilead will Not Advance Jyseleca for the Treatment of Rheumatoid Arthritis (RA) in the U.S. Following FDA Type A Meeting —— Galapagos to Assume Sole Responsibility in Europe for Jyseleca in RA and Ulcerative Colitis (UC) Plus Future Indications; Gilead to Receive Royalties on European Sales Starting in 2024 —— Galapagos to Assume Responsibility for Majority of Ongoing Clinical Trials —— Gilead will Pay Galapagos €160 million to Support Ongoing Development and Accelerated Commercial Buildout in EU —Galapagos webcast presentation tomorrow, 16 December 2020, at 14:00 CET / 8 AM ET,www.glpg.com +32 2 793 38 47, code 7689939Foster City, Calif., and Mechelen, Belgium, December 15, 2020, 22.15 CET; regulated information – Gilead Sciences, Inc. (Nasdaq: GILD) and Galapagos NV (Euronext & Nasdaq:...

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GILEAD EN GALAPAGOS KONDIGEN NIEUWE COMMERCIALISERING EN ONTWIKKELINGSOVEREENKOMST AAN VOOR JYSELECA® (FILGOTINIB)

— Na FDA Type A-bijeenkomst zal Gilead niet doorgaan met Jyseleca voor de behandeling van reumatoïde artritis (RA) in de VS —— Galapagos wordt volledig verantwoordelijk voor Jyseleca bij RA en colitis ulcerosa (CU) en toekomstige indicaties in Europa; Gilead ontvangt vanaf 2024 royalty’s voor Europese verkopen —— Galapagos zal verantwoordelijk zijn voor de meerderheid van lopende klinische studies —— Gilead zal €160 miljoen aan Galapagos betalen om lopende ontwikkeling en versnelde commerciële uitbouw in EU te ondersteunen —Galapagos webcast presentatie morgen, 16 december 2020, om 14:00 CET / 8 AM ET,www.glpg.com , +32 2 793 38 47, code 7689939Foster City, Calif., en Mechelen, België, 15 december 2020, 22.15 CET; gereglementeerde informatie – Gilead Sciences, Inc. (Nasdaq: GILD) en Galapagos...

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State of Florida approves option agreement with Alico to acquire approximately 5,804 acres of Alico Ranch

FORT MYERS, Fla., Dec. 15, 2020 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 5,804 acres of Alico Ranch for approximately $14.6 million under the Florida Forever program.John Kiernan, Alico’s President and Chief Executive Officer, commented, “We are pleased the State of Florida has approved entering into this latest option agreement which grants it an option to purchase approximately 5,804 acres on the west side of the Alico Ranch. The 5,804 acre parcel is considered a primary and secondary zone for the federally endangered Florida panther and can contribute to increased protection of Florida’s biodiversity at the species, natural community, and landscape...

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Senior Connect Acquisition Corp. I Announces Closing of $414 Million Upsized Initial Public Offering

Scottsdale, AZ, Dec. 15, 2020 (GLOBE NEWSWIRE) — Senior Connect Acquisition Corp. I (the “Company”) announced today the closing of its initial public offering of 41,400,000 units at a price of $10.00 per unit, including 5,400,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The units are listed on the Nasdaq Capital Market (“Nasdaq”) and began trading under the ticker symbol “SNRHU” on December 11, 2020.  Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share.  After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be...

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Aspen Group Reports Year over Year Revenue Increase of 40% to a Record $17.0 Million in the Second Quarter Fiscal Year 2021, Raises Fiscal 2021 Revenue Growth Forecast by 300 Basis Points to 38%

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Aspen Group, Inc. (“Aspen Group” or “AGI”) (Nasdaq: ASPU), an education technology holding company, today announced financial results for its 2021 fiscal second quarter ended October 31, 2020.Second Quarter and Year to Date Fiscal Year 2021 Summary Results1 GAAP gross profit calculation includes marketing and promotional costs, instructional costs & services, and amortization expense.2 See reconciliations of GAAP to Non-GAAP financial measures under “Non-GAAP–Financial Measures” below.“Aspen Group’s consistent top-line performance is attributable to the focused execution of our growth strategy. Our high growth to date reflects our marketing spend prioritization to ramp enrollment in our high LTV degree programs. We have now begun executing...

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DAVIDsTEA Reports Third Quarter Fiscal 2020 Financial Results

145.5% increase in e-commerce and wholesale sales to $22.1 millionGross profit of $10.8 millionAdjusted EBITDA of $3.3 millionCash of $21.9 million at quarter-endRestructuring activities ongoing and Court order extended until March 19, 2021MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to his position as Chief Operating Officer and Chief Financial Officer (CFO). Herschel Segal will be stepping down as interim CEO and will remain Chairman of the Board of Directors. Frank Zitella...

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Les Thés DAVIDsTEA annoncent leurs résultats financiers du troisième trimestre de l’exercice 2020

Hausse de 145,5 % des ventes générées par le commerce de gros et le commerce électronique, qui ont atteint 22,1 M$Bénéfice brut de 10,8 M$BAIIA ajusté de 3,3 M$Trésorerie nette de 21,9 M$ à la fin du trimestreActivités de restructuration en cours et ordonnance de la Cour prolongée jusqu’au 19 mars 2021MONTRÉAL, 15 déc. 2020 (GLOBE NEWSWIRE) — Les Thés DAVIDsTEA inc. (Nasdaq : DTEA) (« THÉS DAVIDsTEA » ou la « Société »), l’un des premiers marchands de thé en Amérique du Nord, annoncent leurs résultats du troisième trimestre pour la période se terminant le 31 octobre 2020. Les Thés DAVIDsTEA annoncent également la nomination de Sarah Segal au poste de chef de la direction, qui s’ajoute à son poste de chef de la marque, et de Frank Zitella au poste de président, qui s’ajoute à son poste de chef de l’exploitation et de...

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Air Canada Announces Offering of Shares

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) — Air Canada (TSX:AC) (the “Company”) today announced that it has commenced an overnight marketed public offering of Class A Variable Voting Shares and/or Class B Voting Shares of the Company (“Shares”) for gross proceeds of approximately C$850 million (the “Offering”).The Company intends to grant the underwriters an option to purchase up to an additional 15% of the Shares in the Offering, exercisable in whole or in part at any time until 30 days after closing of the Offering.The Offering will be priced in the context of the market with the price and other final terms to be determined at the time of entering into an underwriting agreement for the Offering.Completion of the Offering will be subject to various...

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SJI Announces Green Hydrogen Partnership with Atlantic Shores Offshore Wind

FOLSOM, NJ, Dec. 15, 2020 (GLOBE NEWSWIRE) —                                                                                                 Media Contact: Dominick DiRocco(609) 561-9000 ext. 4262ddirocco@sjindustries.com                                                                                                          Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comFOR IMMEDIATE RELEASESJI Announces Green Hydrogen Partnership with Atlantic Shores Offshore WindFOLSOM, NJ, December 15, 2020 – SJI (NYSE: SJI) remains committed to advancing the clean energy and sustainability goals of New Jersey and our region. Consistent with this commitment, we are excited to announce today a partnership with Atlantic Shores Offshore Wind (Atlantic Shores) to collaborate on a green hydrogen pilot program, which will...

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