Month: April 2021

First study to explore potential benefit of a cannabinoid receptor type 2 agonist in SLE Study sponsored and funded by the Nastional Institute of Allergy and Infectious Diseases through the Autoimmunity Centers of Excellence (ACE) Cooperative Network Topline data expected in the second half of 2021 SLE is a serious autoimmune disease with multi-organ involvement and affects more than 200,000 AmericansNorwood, MA, April 20, 2021 (GLOBE NEWSWIRE) — Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) (“Corbus” or the “Company”), a clinical-stage drug development company pioneering transformative medicines that target the endocannabinoid system, today announced that the last participant was enrolled in a Phase 2 study of lenabasum for the treatment of systemic lupus erythematosus (SLE). The 16-week, U.S., multi-center, first-in-patient,...

ATLANTA, April 20, 2021 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings Inc. (“Aveanna”) today announced that it has launched its initial public offering of 38,236,000 shares of its common stock at an anticipated initial public offering price between $16.00 and $18.00 per share pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (“SEC”). Aveanna also intends to grant the underwriters a 30-day option to purchase up to an additional 5,735,400 shares of its common stock. Aveanna has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “AVAH.” Barclays, J.P. Morgan, BMO Capital Markets and Credit Suisse are acting as joint lead book-running managers, and BofA Securities, Deutsche Bank Securities, Jefferies, RBC Capital Markets and Truist...

NORTHRIDGE, CA, April 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century universal digital payment platform, IPSIPay™, today announced that its Board of Directors has voted to uplist the Company’s shares on NASDAQ. William Corbett, Chief Executive Officer, commented, “These are exciting days for our company and our shareholders.  Over the past year, with the support and trust of our investment banker, our retail and institutional shareholders, we have achieved significant milestones. We have eliminated all our toxic debt, we have raised significant capital, and we have increased our shareholders value. The culmination of these achievements, along with the fulfillment...

MONTREAL, April 20, 2021 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) (the “Company” or “PyroGenesis”), a high-tech company that designs, develops, manufactures and commercializes plasma atomized metal powder, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce the signing of a qualification agreement (the “Agreement”) with a premier global aerospace company (the “Client”) for the production of metal powders. Under this Agreement, the Client will perform a standard qualification process typically required before a company can become an approved supplier. The process will, amongst other things, evaluate the Company’s manufacturing methods, test samples of powder for batch-to-batch consistency and determine mechanical...

BENSALEM, Pa., April 20, 2021 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, announced today that its intention to offer $400 million aggregate principal amount of its senior secured notes due 2029 (the “Notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions (the “Offering”). The Notes will be senior secured obligations of the Company and will be guaranteed by certain of the Company’s domestic subsidiaries and by any foreign subsidiary that guarantees any future credit facility. The Company intends to use a substantial portion of the net proceeds of the Offering to redeem all of the...

LOS ANGELES, April 20, 2021 (GLOBE NEWSWIRE) — ePlay Digital Inc. (CSE:EPY | OTC:EPYFF | FSE:2NY2) (the “Company”) today announced that its flagship title, Howie Go Viral featuring Howie Mandel, had a material increase in app downloads during the launch week of Howie Does Stuff Podcast. In total, app downloads increased 1,360% over the same week last month. In addition, the app reached a rank of #33 in the Apple App Store Family Games for the week. The company exceeded and sustained its initial target of 500 app downloads per day for Howie Go Viral during the week as well. Marketing will be expanded to other titles and platforms in coming days. “The first step, after building a great mobile game, towards revenues is app downloads,” says Trevor Doerksen, CEO of ePlay Digital. “Last week was a record-breaker for ePlay and like Howie...

TORONTO, April 20, 2021 (GLOBE NEWSWIRE) — Skylight Health Group Inc (TSXV:SHG; OTCQX: SHGFF) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, today reported financial results and provided a corporate update for the fourth quarter and year ended December 31, 2020. Additional information concerning the company, including its audited financial statements and the Management Discussion and Analysis, for the year ended Dec. 31, 2020, can be found at SEDAR and on the company’s website. Fourth Quarter and Full-Year 2020 Financial Highlights Revenue was $3.2 million for the quarter, compared to $3.1 million for Q4 2019. This increase was due to the addition of the acquired clinics during Q4 which offset a slight reduction seen at our pre-existing sites. For the full year, Revenue...

Combination will create the premier railway for the 21st century connecting ports in the United States, Canada and Mexico to facilitate trade and economic prosperity across North America Combination will result in a safer, faster, cleaner and stronger railway CN’s proposal of $325 per KCS share represents 21% premium over implied value of CP transaction and values KCS at an enterprise value of $33.7 billion1 Expected EBITDA synergies approaching $1 billion annually with a significant proportion expected from converting truck traffic from busy interstates and highways for better fuel efficiency at a lower cost Anticipated to be accretive to Adjusted Diluted EPS2in the first full year following CN assuming control of KCS MONTREAL, April 20, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today announced that it has made a superior...

Le regroupement permettra de créer le premier chemin de fer du 21e siècle qui reliera des ports aux États-Unis, au Canada et au Mexique afin de faciliter les échanges commerciaux et la prospérité économique dans toute l’Amérique du Nord Ce regroupement permettra d’obtenir un chemin de fer plus sûr, plus rapide, plus propre et plus fort La proposition du CN de 325 $ par action de KCS représente une prime de 21 % au-dessus de la valeur implicite de l’opération du CP et établit la valeur d’entreprise de KCS à 33,7 G$1 Les synergies prévues au plan du BAIIA avoisinent les 1 G$ annuellement, dont une proportion importante devrait provenir de la conversion au rail de volumes de transport par camion sur les autoroutes et les routes principales, pour une meilleure efficacité énergétique à moindres coûts L’opération devrait avoir un effet relutif...