Solid Biosciences Announces Closing of Public Offering and Full Exercise of Over-Allotment Option

Written by Customer Service on March 23, 2021. Posted in Public Companies.

CAMBRIDGE, Mass., March 23, 2021 (GLOBE NEWSWIRE) — Solid Biosciences Inc., (Nasdaq: SLDB) a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), today announced the closing of its previously announced underwritten public offering of 25,000,000 shares of its common stock at a public offering price of $5.75 per share, including 3,260,869 shares sold pursuant to the full exercise of the underwriters’ option to purchase additional shares. Gross proceeds from the sale of the shares, before deducting underwriting discounts and commissions and offering expenses, were approximately $143.8 million. Jefferies, SVB Leerink and Piper Sandler acted as joint book-running managers for the offering. Chardan acted as lead manager for the offering. The shares were offered pursuant to an effective...

Brooge Energy Announces Exceptional Safety Record Since Operations Began

Written by Customer Service on March 23, 2021. Posted in Public Companies.

NEW YORK, March 23, 2021 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiaries Brooge Petroleum and Gas Investment Company FZE (“BPGIC”) and Brooge Petroleum and Gas Investment Company Phase III FZE (“BPGIC III”), announced today it has reached a major milestone by reporting 3.75 million hours worked without any safety issues, including zero long term injuries (“LTI”), zero product spills and all products delivered to customer specifications, among other industry related KPI’s. Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said, “We are proud to report no safety issues since the start...

SELLAS Life Sciences Reports Full Year 2020 Financial Results and Provides Business Update

Written by Customer Service on March 23, 2021. Posted in Public Companies.

Entered into Exclusive License Agreement, with $7.5 Million Upfront License Fee and Potential to Receive up to an Additional $194.5 Million, with 3D Medicines for Development and Commercialization of Galinpepimut-S in China; Additional $1 Million Milestone Triggered in February 2021 Strengthened Balance Sheet with Cash and Cash Equivalents of $35.3 Million as of Year-End Phase 3 REGAL Study of Galinpepimut-S in Acute Myeloid Leukemia Patients Underway in United States and Europe; Number of Clinical Sites Increased Manufactured First of Three Registration Batches of GPS Required for Regulatory Approval Filings NEW YORK, March 23, 2021 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (Nasdaq: SLS) (“SELLAS” or the “Company”), a late-stage clinical biopharmaceutical company focused on developing novel cancer immunotherapies...

O-I Glass Announces Expansion in the Andean Market to Serve Growing Demand for Sustainable Glass Packaging

Written by Customer Service on March 23, 2021. Posted in Public Companies.

PERRYSBURG, Ohio, March 23, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced a significant investment to support strong customer demand for highly sustainable glass packaging. O-I will invest approximately $75 million in an expansion at its Zipaquirá, Colombia facility. Upon completion by the end of 2022, the project is expected to add nearly 2 percent of capacity to the company’s Americas segment and produce about 500 million bottles annually. “Our customers recognize the strong brand building characteristics and superior sustainability profile that make glass the preferred packaging substrate. In particular, strong market growth and affinity for glass is fueling significant demand for glass packaging in the Andean market. Building on our highly successful expansion at the Zipaquirá facility...

BC Craft Supply Announces $500,000 Private Placement with Strategic Investor Mr. Daniel Petrov

Written by Customer Service on March 23, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) — BC Craft Supply Co. Ltd. (the “Company” or “BC Craft”) (CSE: CRFT) (OTC:CRFTF) (FSE:ZZD1) is pleased to announce that it has entered into an agreement to complete a strategic private placement with Mr. Daniel Petrov for aggregate proceeds of $500,000 (the “Private Placement”). The Company is also pleased to announce that it has entered into a letter of intent to acquire 100% of Somo Industries Inc. dba Feelwell (the “Acquisition”). Strategic Private Placement Mr. Petrov is an accomplished cannabis industry leader with a decade of experience working with a number of successful cannabis ventures and acting as a consultant to industry-related companies worldwide. He is the...

ElectraMeccanica Reports Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on March 23, 2021. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, reported financial results for the fourth quarter and full year ended December 31, 2020 in conjunction with the filing of its Annual Report on Form 20-F earlier today. Recent Company Highlights Selected Mesa, AZ, in the greater Phoenix area, for the Company’s U.S. based assembly facility and engineering technical center. The decision marked the culmination of a year-long nationwide search. The proposed facility in Mesa will support ElectraMeccanica’s strategic plan to meet anticipated demand for its flagship SOLO EV. When fully operational, the facility is expected to create up to 500 new jobs and will be capable...

BRP Group, Inc. Enters Into Agreement to Acquire Only Medicare Solutions

Written by Customer Service on March 23, 2021. Posted in Mergers And Acquisitions.

TAMPA, Fla., March 23, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that BRP Medicare Insurance III, LLC, an indirect subsidiary of BRP Group operating as Guided Medicare Solutions (“Guided”), has entered into a definitive agreement to acquire substantially all assets of Tim Altman, Inc. (operating as “Only Medicare Solutions”), an Issaquah, Washington-based independent insurance agency that offers information, support and access to Medicare products for its clients. The Partnership, BRP Group’s nomenclature for a strategic acquisition, is expected to close April 1, 2021, subject to certain closing conditions. Only Medicare Solutions generated annual revenues of approximately...

Marrone Bio Innovations Issues Shareholder Letter

Written by Customer Service on March 23, 2021. Posted in Public Companies.

DAVIS, Calif., March 23, 2021 (GLOBE NEWSWIRE) — Marrone Bio Innovations, Inc. (NASDAQ: MBII) (“Marrone Bio”), an international leader in providing growers with sustainable bioprotection and plant health solutions to support global agricultural needs, today released a letter to shareholders from Chief Executive Officer, Kevin Helash. Dear Shareholders, Today, we’ve reported our fourth-quarter and full-year 2020 financial results, and I’m pleased to say that we have delivered on the three key commitments we have made to our shareholders: One, we continue to grow our base business. Two, we are closely managing our operating expenses. And, three, we are bringing novel, efficacious ag biological products to the market. Our results in 2020 are outstanding by any measure, and even more so in the face of the continuing constraints from...

Euro Manganese gibt Privatplatzierung bekannt, um die Entwicklung von hochreinen Manganprodukten zu beschleunigen

Written by Customer Service on March 23, 2021. Posted in Public Companies.

NICHT ZUR VERTEILUNG AN NACHRICHTENAGENTUREN DER VEREINIGTEN STAATEN ODER ZUR VERBREITUNG IN DEN VEREINIGTEN STAATEN Privatplatzierung in Höhe von 30,0 Millionen AUD (29,0 Millionen CAD) überzeichnet, bei hoher Beteiligung institutioneller Anleger Erlöse aus dem Angebot werden dazu verwendet, das Chvaletice Manganprojekt voranzutreiben und den wahrscheinlichen Abschluss aller Standort- und technischen Arbeiten im Jahr 2022 zu ermöglichen, die für eine endgültige Anlageentscheidung erforderlich sind Das Angebot wurde von einem strategischen Anleger und einem ESG-orientierten Fonds gestützt, mit starker Unterstützung durch mehrere bestehende institutionelle Aktionäre Die Nachfrage nach hochreinen Manganprodukten steigt weiter stark an, gestärkt durch die jüngsten Marktentwicklungen VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE)...

Churchill Downs Incorporated to Introduce Konami Gaming, Inc.’s Historical Racing Machines to Kentucky Market

Written by Customer Service on March 23, 2021. Posted in Public Companies.

LOUISVILLE, Ky., March 23, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) today announced an agreement to purchase a line-up of the latest historical racing machines (“HRMs”) by Konami Gaming, Inc. (“Konami”), a leading designer and manufacturer of gaming technology. HRMs are approved by the Kentucky Horse Racing Commission and utilize the results of previously run live horse races to generate player outcomes. Konami’s innovative HRMs, characterized by top-performing content and award-winning cabinets, will be utilized at the Company’s HRM facilities in Kentucky. Guests of Derby City Gaming in Louisville; Oak Grove Racing, Gaming & Hotel in Oak Grove; and Newport Racing & Gaming in Newport will be among the first to experience Konami’s newest HRM offering. “As a Company that is...

Day: March 23, 2021

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