Day: March 17, 2021

SEATTLE, March 17, 2021 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today announced the appointments of Leslie Trigg and Katey Owen, Ph.D. to its Board of Directors effective immediately. The collective commercial and scientific expertise of these industry leaders will strengthen Adaptive’s ability to execute against its open-ended growth story. The company also announced that Eric Dobmeier and David Goel will retire from the Board after long-standing tenures.“I am excited to welcome Leslie and Katey to our Board during this pivotal period of commercial expansion and scientific innovation. Diversity of thought, perspectives, and experience is...

DEER PARK, Ill., March 17, 2021 (GLOBE NEWSWIRE) — Eton Pharmaceuticals, Inc (Nasdaq: ETON), an innovative pharmaceutical company focused on developing and commercializing treatments for rare diseases, today announced that it has appointed Jenn Adams to its board of directors effective March 17, 2021. Ms. Adams brings extensive commercial, operational, and leadership experience in the pharmaceutical industry.“We are pleased to have Jenn join our board. Her experience growing pharmaceutical companies and leading sales organizations will be valuable to Eton as we continue to launch products and grow our commercial organization,” said Sean Brynjelsen, CEO of Eton Pharmaceuticals.Ms. Adams’ experience includes leading and growing both Fortune 500 public and private equity-backed companies. She currently serves as CEO of August Bioservices,...

AUSTIN, Texas, March 17, 2021 (GLOBE NEWSWIRE) — Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, reported results for its fourth quarter and full year ended December 31, 2020.“Throughout 2020, we sustained our momentum toward our commercialization goals and are moving into 2021 with excitement about our prospects for B-TRAN™ as a differentiated technology that can address a large and growing market, while armed with a strong balance sheet to make our vision a reality,” stated Dan Brdar, President and Chief Executive Officer of Ideal Power. “Recently, we successfully completed the second major milestone with United States Naval Sea Systems Command (NAVSEA) under our partnership with Diversified...

CHICAGO and VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today reported its financial results for the fourth quarter and full-year ended December 31, 2020. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.Highlights for the quarter ended December 31, 2020:Revenue increased 12.8% sequentially and 133.8% year-over-year to $177.2 millionSecond consecutive quarter of positive GAAP net income, delivering $22.5 million or $0.11 per basic and diluted shareAdjusted Operating EBITDA grew 23.1% sequentially and 374.0% year-over-year to $65.4 million or...

Q4 Net Sales Increase of 25%; Record Q4 Comparable Sales Increase of 13.8%Q4 EPS of $2.20PHILADELPHIA, PA, March 17, 2021 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the fourth quarter and full year of fiscal 2020 ended January 30, 2021.For the fourth quarter ended January 30, 2021:Net sales increased by 24.9% to $858.5 million from $687.1 million in the fourth quarter of fiscal 2019; comparable sales increased by 13.8%.The Company opened 2 new stores and ended the quarter with 1,020 stores in 38 states. This represents an increase in stores of 13.3% from the end of the fourth quarter of fiscal 2019.Operating income increased by 17.7% to $169.6 million from $144.1 million in the fourth quarter of fiscal 2019.The effective tax rate was 26.6% compared to 23.6% in the fourth quarter of fiscal...

OKLAHOMA CITY, March 17, 2021 (GLOBE NEWSWIRE) — Mammoth Energy Services, Inc. (“Mammoth” or the “Company”) (NASDAQ:TUSK) today announced that it has posted to its website additional information related to its work in Puerto Rico. The Federal Emergency Management Agency (“FEMA”), in a memorandum dated April 22, 2019, that was recently obtained by Mammoth, concluded that the work performed by Cobra Acquisitions LLC (“Cobra”) for the Puerto Rico Electric Power Authority (“PREPA”) was awarded in compliance with the emergency procurement provision of the Commonwealth of Puerto Rico and that the contract rates were reasonable.Arty Straehla, chief executive officer of Mammoth commented, “Today, we release a fourth confirmation that the PREPA contract was awarded in compliance with applicable procurement rules and that the rates were reasonable....

YONKERS, N.Y., March 17, 2021 (GLOBE NEWSWIRE) — ContraFect Corporation (Nasdaq: CFRX), a clinical-stage biotechnology company focused on discovering and developing direct lytic agents for the treatment of life-threatening infectious diseases, today announced that it has commenced an underwritten public offering of shares of its common stock. ContraFect expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. All shares in the offering are to be sold by ContraFect.SVB Leerink and Cantor are acting as joint book running managers for the offering.ContraFect intends to use the...

ENGLEWOOD, Colo., March 17, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) today announced financial results for the fourth quarter of 2020 and recent corporate highlights.Recent Corporate HighlightsIn January 2021, Gevo announced the plans for its Net-Zero 1 Project (“Net-Zero 1”) to be located in Lake Preston, South Dakota. Net-Zero 1 is expected to produce about 45 MGPY of energy dense liquid hydrocarbons that, when burned as transportation fuels, should have a net-zero greenhouse gas footprint across the whole of the life cycle based on Argonne National Laboratories’ GREET model. Net-Zero 1 is being designed to eliminate the fossil based energy footprint to run the production facility. Importantly, Net-Zero 1 is expected to produce ~400 million pounds per year of protein rich animal feed, and about 30 million pounds per year...

LORDSTOWN, Ohio, March 17, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today released its fourth quarter and full year 2020 financial results and provided a business outlook.Key Business HighlightsReported full year 2020 net loss of $101 million and cash of $630 million at year-end 2020; warrant exercise in January 2021 resulted in an additional $82 million of cash.Timeline to Start of Production (SoP) in September 2021 remains on track, with beta prototype build underway and the first beta vehicles to be ready by the end of March; vehicles to be sent for durability, crash, validation, and lighting testing with various partners and to early initial customers for feedback.Interest in the Lordstown Endurance all...

THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) announces that it has entered into an agreement with Paradigm Capital Inc. and Cormark Securities Inc. (the “Underwriters”), pursuant to which the Underwriters will purchase, on a bought deal basis, 15,385,000 common shares (the “Common Shares”) at an offering price of $0.65 per Common Share (the “Issue Price”) for gross proceeds of approximately $10 million (the “Offering”).The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to 2,307,750 additional Common Shares, which...