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Day: March 25, 2021

Orkuveita Reyjavíkur – Fyrirhuguð skuldabréfaútgáfa 2021

Þann 25. janúar veitti stjórn Orkuveitu Reykjavíkur heimild til fjármögnunar í formi skuldabréfaútgáfu, víxlaútgáfu eða bankaláns fyrir allt að 15,5 milljarða króna á árinu 2021. Staða Orkuveitunnar er sterk um þessar mundir en sjóðsstaða nemur rúmum 25 milljörðum króna. Auk þess hefur félagið aðgang að samningsbundnum, innlendum lánalínum að fjárhæð 6 milljarða króna fram á næsta ár. Þá á OR eftir að draga á lánasamning við Norræna fjárfestingabankann að fjárhæð 48 milljónir Bandaríkjadala. Gert er ráð fyrir að skuldabréfaútgáfa á innlendum skuldabréfamarkaði verði á bilinu 7-9 milljarðar króna á árinu 2021. Nánari upplýsingar veita: Ingvar Stefánsson,framkvæmdastjóri Fjármála OR, sími: 516-6100, netfang: ingvar.stefansson@or.is  Matei Manolescu, markaðsviðskipti, Fossar markaðir, sími: 522 4008, netfang: matei.manolescu@fossarmarke...

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Vor Reports Fiscal Year 2020 Financial Results

IND accepted for VOR33, Vor’s lead eHSC product candidate for treatment of AML Completed initial public offering raising $203.4 million in total gross proceeds CAMBRIDGE, Mass., March 25, 2021 (GLOBE NEWSWIRE) — Vor Biopharma (Nasdaq: VOR) (the Company), a cell therapy company pioneering engineered hematopoietic stem cell (eHSC) therapies combined with targeted therapies for the treatment of cancer, today reported financial results for the year ended December 31, 2020, and provided an update on its business.  “We are very pleased with our continued exceptional scientific, clinical and financial progress,” noted Robert Ang, MBBS, MBA, Vor’s President and Chief Executive Officer. “Earlier this year, the FDA accepted our IND for our lead eHSC product candidate VOR33, and with the completion of our successful initial public offering,...

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Kite Realty Group Trust Expands Board of Trustees and Announces the Appointment of Derrick Burks

INDIANAPOLIS, March 25, 2021 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE:KRG) is pleased to announce the appointment of Derrick Burks to its Board of Trustees. Mr. Burks is a retired partner from Ernst & Young (EY) where he served for 15 years, including time as managing partner of EY’s Indianapolis office. Kite Realty Group Trust expanded its Board to ten trustees with the addition of Mr. Burks, another independent Board member. “We are thrilled with the addition of Derrick Burks to our Board of Trustees,” said John A. Kite, Chairman and CEO. “Derrick’s wealth of knowledge in a multitude of industries, coupled with his extensive experience with REITs, will greatly strengthen KRG moving forward and further propel us toward our long-term objectives.” Prior to joining Ernst & Young, Mr. Burks spent 24 years with Arthur...

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TELUS announces C$1.3 billion equity offering

Proceeds to be used to strategically bring forward transformational capital investments in broadband connectivity, including fibre and 5G, enhancing our industry-best customer experience, leading networks and competitive position Accelerated investments to drive significant cash flow benefits from a reduction in capital expenditures commencing in 2023, combined with enhanced revenue and EBITDA growth VANCOUVER, British Columbia, March 25, 2021 (GLOBE NEWSWIRE) — TELUS Corporation (“TELUS”, the “Company” or “we”) (TSX-T, NYSE-TU) announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, and together with BMO Capital Markets, Scotiabank and TD Securities Inc. as joint book runners (collectively, the “Underwriters”), pursuant to which the Underwriters...

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Aspira Women’s Health Reports Fourth Quarter and Full Year 2020 Financial Results

AUSTIN, Texas, March 25, 2021 (GLOBE NEWSWIRE) — Aspira Women’s Health Inc. (“Aspira”) (Nasdaq: AWH), a bio-analytical based women’s health company focused on gynecologic disease, today reported its financial results for the fourth quarter and year ended December 31, 2020. “In a year dominated by the pandemic, we delivered strong stock price appreciation, growth in revenue and test volume, and financial stability. In addition, we strengthened our team and board of directors. We are starting 2021 by announcing an accelerated product launch of OVASight, a new strategic partnership and increases in our sales footprint,” stated Valerie Palmieri, President and CEO. Recent Corporate Highlights Acceleration of Launch Date of OVASight to Fourth Quarter 2021Aspira announced the acceleration of the target launch date of OVASight to the...

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Telos Corporation Reports Fourth Quarter and Fiscal Year 2020 Results

Full Year 2020 Revenue Increases 13% Year-Over-Year to $179.9 Million Company Signs Multiple Contracts in 2020, Including 10-Year, Billion Dollar + Contracts with TSA PreCheck and Centers for Medicare and Medicaid Services Strengthens Balance Sheet with $292.6 Million in IPO Gross Proceeds and Elimination of Debt in the Fourth Quarter Company Issues Full Year and First Quarter 2021 GuidanceASHBURN, Va., March 25, 2021 (GLOBE NEWSWIRE) — Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced financial results for the fourth quarter and fiscal year 2020. “2020 was a momentous year for the Company – we delivered strong revenue growth, continued to expand our customer relationships, and closed our public offering...

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Universe Pharmaceuticals INC Announces Closing of Initial Public Offering

Ji’an, Jiangxi, China, March 25, 2021 (GLOBE NEWSWIRE) — Universe Pharmaceuticals INC (the “Company”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today announced the closing of its initial public offering (“Offering”) of 5,000,000 ordinary shares at a public offering price of US$5.00 per ordinary share. The Company received aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts. The ordinary shares began trading on the Nasdaq Global Market on March 23, 2021 under the ticker symbol “UPC”. Proceeds from the Offering will be used for upgrading and expanding...

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Exagen Inc. Announces Closing of Public Offering of Common Stock, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

SAN DIEGO, March 25, 2021 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing solutions, today announced that it has closed its previously announced underwritten public offering of 4,255,000 shares of its common stock, including 555,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a price to the public of $16.25 per share. The gross proceeds to Exagen from the offering, before deducting the underwriting discounts and commissions and other offering expenses, were approximately $69.1 million. Exagen intends to use the net proceeds from the proposed offering for the development of Multi-omics capabilities, including build out of its clinical laboratory, advancement of its product pipeline, including to support development of tests for fibromyalgia,...

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CymaBay Reports Fourth Quarter and Year End 2020 Financial Results and Provides Corporate Update

Actively recruiting patients in two global, clinical studies evaluating seladelpar in primary biliary cholangitis (PBC):RESPONSE, a 52-week, randomized, placebo-controlled, Phase 3 registrational study ASSURE, an open-label, long-term studyTwo pipeline programs also in clinical development in 2021:Phase 2a study of MBX-2982, a GPR119 agonist, for the prevention of hypoglycemia in patients with type 1 diabetes Phase 1 single and multiple ascending dose study of CB-0406, a non-agonist ligand of PPARγConference call and webcast today at 4:30 p.m. ET NEWARK, Calif., March 25, 2021 (GLOBE NEWSWIRE) — CymaBay Therapeutics, Inc. (NASDAQ: CBAY), a clinical-stage biopharmaceutical company focused on developing therapies for liver and other chronic diseases with high unmet need, today announced corporate updates and financial results...

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Panbela Provides Business Update and Reports Q4 and FY 2020 Financial Results

MINNEAPOLIS, March 25, 2021 (GLOBE NEWSWIRE) — Panbela Therapeutics, Inc. (Nasdaq: PBLA), a clinical stage biopharmaceutical company developing disruptive therapeutics for the treatment of patients with cancer, today provides a business update and reports financial results for the quarter and full year ended December 31, 2020. Management is hosting an earnings call today at 4:30 p.m. ET.  The fourth quarter and full year 2020 was marked by meaningful corporate, financial and clinical progress. 2020 and Recent HighlightsAppointed Garry A. Weems, PharmD as its VP of Clinical Development and Medical Affairs Entered into a research agreement with the Johns Hopkins University School of Medicine Completing SBP-101’s enrollment in its Phase 1b trial Uplisted to Nasdaq Capital Market Closed $10.5 Million Public Offering New CEO appointed...

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