Day: January 13, 2021

January 13, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announced that it has entered into an agreement and plan of merger with New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”).Under the merger agreement, NFE has agreed to acquire all of the outstanding common units and general partner units of GMLP for $3.55 per unit in cash for a total purchase price of $251 million equity value. In connection with the transaction, GMLP’s incentive distribution rights will be cancelled. The Series A preferred units of GMLP will remain outstanding.The consideration to be received by GMLP common unitholders represents a 27% premium to the closing price of GMLP’s common units of $2.79/unit on January 12, 2021, and a 37.5% premium to the volume weighted average closing price of GMLP’s common units for the 20-trading day period ended January 12,...

TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) — Worksport Ltd (OTC: WKSP) (or the “Company”) has received Official Notice from the U.S. Patent and Trademark Office that its filing for trademark protection for TerraVis COR™, its line of mobile battery packs, has been accepted, entitling the Company to use the trademark symbol in the U.S. for its innovative, soon-to-be-launched mobile battery system. The TerraVis COR™ line, a consumer-oriented extension of Worksport’s TerraVis™ innovative solar-powered advanced folding truck bed tonneau cover system, is the first in the industry. This marks the Company’s entrance into the broader consumer goods market, since the COR battery system can be purchased and used without the TerraVis solar tonneau cover.  The U.S. filing notice precedes publication in in the U.S. Patent and Trademark Office’s Official...

HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that another Texas school district has selected C-Bond BRS (ballistic-resistant system) to help protect its students and faculty from gun violence or other means of forced entry. C-Bond BRS has already been installed in three of the more than 30 elementary schools in the district in Central Texas, and installation at one of the district’s four high schools is underway.C-Bond BRS is a ballistic-resistant film system that consists of the patented C-Bond glass strengthening technology and security film. The C-Bond technology chemically bonds to the defects randomly distributed on the glass surface to increase impact resistance and prevent breakage. The combination of the C-Bond technology...

Englewood Cliffs, NJ, Jan. 13, 2021 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (OTCQB: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as depression, PTSD, Parkinson’s, and other rare neurological disorders, today announced that it has entered into a  sponsored research agreement with the University of Maryland, Baltimore relating to a study to examine a novel peptide-guided drug delivery approach for the treatment of multiple sclerosis.According to the National Multiple Sclerosis Society, an estimated 1 million people live with MS in the United States. Silo Pharma is seeking to develop treatments, including the use of targeted drug delivery to the Central Nervous System (CNS) as a means of overcoming many of the limitations...

— Alliance will assess the use of Sarepta’s proprietary gene editing technology and Genevant’s proprietary LNP delivery platform for multiple neuromuscular targets —— Sarepta to have options for an exclusive license to Genevant’s LNP technology for four neuromuscular indications —— Genevant may receive approximately $50 million in near-term payments and is also eligible for significant future milestones and royalties —CAMBRIDGE, Mass., VANCOUVER, British Columbia, and BASEL, Switzerland, Jan. 13, 2021 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, and Genevant Sciences, a leading nucleic acid delivery company with world-class platforms and the industry’s most robust and expansive lipid nanoparticle (LNP) patent estate, today...

TAMPA, FL, Jan. 13, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sports Venues of Florida, Inc., (OTCMKTS: BTHR) (“Sports Venues of Florida”, “BTHR”, or the “Company”), an emerging leader in the youth sports, family sports entertainment, and eSports markets, CEO John V. Whitman Jr., talks openly about the State of the Company.In my opinion being a responsible CEO of a public company is not simply about disclosing required financial information on a timely basis but informing shareholders, interested parties and prospective shareholders what progress the Company is making or has made in terms of fulfilling its business plan. The Company files quarterly and annual financial information disclosures with OTCMarkets.com. To view these filings please follow the following link: https://www.otcmarkets.com/stock/BTHR/disclosure. For...

MINNEAPOLIS, Jan. 13, 2021 (GLOBE NEWSWIRE) — iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) announces its subsidiary, Float Left Interactive (Float Left) and streaming video experience specialists 24i will partner to leverage the power of Float Left OTT technology to offer advanced applications on Roku, one of the leading connected TV devices.Float Left has over a decade of experience in the OTT space, having served as Roku’s first development partner and as a Roku Preferred Developer today. Over the years, Float Left’s native codebase has evolved immensely with the growing industry. What started out as a simple OTT solution in 2009 has progressed into a sophisticated and flexible framework that is used for world-renowned brands. Today, Float Left’s Roku framework supports high-end “Netflix-level” features...

ST. LOUIS, Jan. 13, 2021 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that Dae Gon Ha, Ph.D., has joined the firm as a Director and Equity Research Analyst covering the biotechnology sector. He is based in the firm’s Boston office.Dr. Ha most recently served as a Vice President in biotechnology research at BTIG. Prior to BTIG, he was Vice President in biotechnology research at SVB Leerink, where he focused on rare disease companies. Dr. Ha completed his post-doctoral research fellowship at Harvard Medical School, where he initiated, designed, and executed a chemical compound screen with the goal of identifying novel antibiotics. He received a Ph.D. in Microbiology and Immunology from Dartmouth College and a B.A. in Biology from Grinnell College.“We are thrilled to welcome Dae Gon to Stifel, as we continue...

SAN DIEGO, Jan. 13, 2021 (GLOBE NEWSWIRE) — Franklin Wireless Corp. (OTCQB: FKWL), a market leader in broadband data communications, today announced the successful customer trial of Pintrac Drive, an aftermarket On-Board Diagnostic (OBDII) device that enables non-connected cars to connect to global 4G LTE networks for enhanced services and broadband wireless connectivity.With easy plug and play the ODB device is compatible with virtually any car manufactured after 1998 and connects easily to US and International 4G LTE networks without the need of an installation technician. Once installed, the device provides on-demand live vehicle tracking, high-speed alerts, vehicle health diagnostic data, collision detection, air quality monitoring for Carbon Monoxide and other contaminates, and a host of other features and functions.“Pintrac...