Athenex to Acquire Kuur Therapeutics to Expand Cell Therapy Development with Off-the-Shelf Engineered CAR-NKT Platform

Written by Customer Service on May 4, 2021. Posted in Mergers And Acquisitions.

Transformative, leading allogeneic NKT cell platform technology expands Athenex’s cell therapy development capability Platform has broad applications based on transducing NKT cells with chimeric antigen receptors (CARs) and T cell receptors (TCRs) to target hematological and solid cancers, respectively Total potential consideration of $185 million, comprising $70 million upfront primarily in Athenex common stock, and $115 million in development milestones BUFFALO, N.Y., May 04, 2021 (GLOBE NEWSWIRE) — Athenex, Inc., (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies for the treatment of cancer and related conditions, led by its Orascovery platform, today announced that it has acquired Kuur Therapeutics, Inc., the leading developer of off-the-shelf...

Innospec Reports First Quarter 2021 Financial Results

Written by Customer Service on May 4, 2021. Posted in Public Companies.

Record sales and operating income in Performance Chemicals Continued recovery in Fuel Specialties and Oilfield Services Strong cash generation and excellent liquidity position; Improvement in net cash to $116.6 million GAAP EPS $0.94 and adjusted non-GAAP EPS of $1.06 reduced by 14 cents from higher share-based compensation Semi-annual dividend increased 10 percent to 57 cents per share ENGLEWOOD, Colo., May 04, 2021 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the first quarter ended March 31, 2021. The Company also announced the declaration of its semi-annual dividend of $0.57 per common share for the first half of 2021, representing an increase of 10 percent. This dividend will be paid on May 26, 2021, to shareholders of record on May 17, 2021. Total revenues for the first quarter...

W&T Offshore Announces First Quarter 2021 Results

Written by Customer Service on May 4, 2021. Posted in Public Companies.

HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter 2021. Key highlights included: Produced 39,657 barrels of oil equivalent per day (“Boe/d”), or 3.6 million Boe (50% liquids), in the first quarter of 2021, above the midpoint of W&T’s guidance range and reflecting a 4% increase from the fourth quarter of 2020; Reported net loss of $0.7 million or $0.01 per share and Adjusted Net Income of $15.9 million or $0.11 per share in the first quarter of 2021; Generated significant Adjusted EBITDA of $57.6 million for the first quarter of 2021, up 63% from $35.3 million in the fourth quarter of 2020; Recorded strong net cash provided by operating activities of $45.0 million in the first quarter; Increased Free...

ION to present at the Oppenheimer 6th Annual Emerging Growth Conference

Written by Customer Service on May 4, 2021. Posted in Public Companies.

HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced the Company will participate in the Oppenheimer 6th Annual Emerging Growth Conference to be held virtually on May 11-12, 2021. Chris Usher, President and Chief Executive Officer, Mike Morrison, Executive Vice President and Chief Financial Officer, and Rachel White, Vice President of Investor Relations, will participate in one-on-one meetings on May 12th. To learn more or request an invitation to the event, please visit oppenheimer.com/events. About ION Leveraging innovative technologies, ION delivers powerful data-driven decision-making to offshore energy and maritime operations markets, enabling clients to optimize investments and results through access to our data, software and distinctive analytics. Learn more at iongeo.com. Contacts ION...

StorageVault Completes Previously Announced Purchase of Storage Location for $27.8 Million

Written by Customer Service on May 4, 2021. Posted in Public Companies.

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its April 14, 2021 news release, it has completed the acquisition of one store in the Greater Toronto Area, (the “Acquisition”) from Access Self Storage Inc. and its affiliates (collectively “Access”), for an aggregate purchase price of $27,750,000. The Acquisition is a non arm’s-length transaction. The purchase price for the Acquisitions in the amount of $27,750,000, subject to customary adjustments, was paid by the issuance of 932,871 common shares of StorageVault (“Payment Shares”) at an aggregate price of $4.0 million with the remainder being paid with funds on hand and mortgage assumption. The Payment Shares are subject to a hold period that expires four months and a day from the date of issuance...

LAPD Board of Police Commissioners Approves One-Year BolaWrap Pilot Program Extension

Written by Customer Service on May 4, 2021. Posted in Public Companies.

TEMPE, Ariz., May 04, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, reported that the Los Angeles Board of Police Commissioners (“Commission”) has approved a one-year extension of the BolaWrap pilot program (“BolaWrap Pilot Program”), an item on the agenda for the Commission’s May 4, 2021 Special Meeting, which took place earlier today. In August 2020, following a previous report from the Chief of Police of the Los Angeles Police Department (“LAPD”) to the Commission, the Commission approved a six-month extension of the BolaWrap Pilot Program that expired in February 2021, concluding the initial 360-day review of the BolaWrap remote restraint device. An LAPD report dated April 28, 2021 (“Report”),...

Arcutis Announces First Quarter 2021 Financial Results and Provides Business Update

Written by Customer Service on May 4, 2021. Posted in Public Companies.

New Drug Application (NDA) submission for topical roflumilast cream as a potential treatment for plaque psoriasis anticipated in the second half of 2021 Positive Phase 3 results for topical roflumilast cream in plaque psoriasis announced in February Advancing topical roflumilast foam into Phase 3 development for the treatment of scalp psoriasis with a single pivotal trial Progressing topical roflumilast foam into Phase 3 development in seborrheic dermatitis with a single pivotal trial Pivotal Phase 3 trials of topical roflumilast cream in atopic dermatitis initiated in January Phase 1/2b study of ARQ-252 in chronic hand eczema did not meet its primary endpoint Strong financial position with over $440 million in cash, cash equivalents and marketable securities providing cash runway well into 2023 WESTLAKE VILLAGE, Calif., May 04, 2021...

Pool Corporation Announces a 38% Increase in Its Quarterly Cash Dividend and an Additional $450.0 Million of Authorization Under Its Share Repurchase Program

Written by Customer Service on May 4, 2021. Posted in Dividend Reports And Estimates.

COVINGTON, La., May 04, 2021 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors (the Board) has declared a quarterly cash dividend of $0.80 per share, a 38% increase over the previous quarterly dividend amount of $0.58 per share. The dividend is payable on May 28, 2021, to stockholders of record on May 17, 2021. As of May 3, 2021, there were 40,131,408 shares of common stock outstanding. The company also announced that the Board has authorized an additional $450.0 million under its existing share repurchase program for the purchase of the company’s common stock in the open market at prevailing market prices. This amount adds to the $107.4 million remaining under its existing authorization as of May 4, 2021, bringing its total authorization available to $557.4 million. Pool Corporation...

Green Brick Partners, Inc. Reports Record First Quarter 2021 Results

Written by Customer Service on May 4, 2021. Posted in Public Companies.

QUARTERLY DILUTED EARNINGS PER SHARE OF $0.51 VS $0.31, UP 64.5%BACKLOG OF $995.7 MILLION, UP 133.0%NET NEW HOME ORDERS UP 71.2%HOME BUILDING GROSS MARGIN UP 230 BPSLOTS OWNED AND CONTROLLED UP 118.1% PLANO, Texas, May 04, 2021 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (Nasdaq: GRBK) (“we,” “Green Brick” or the “Company”) today reported record results for its first quarter ended March 31, 2021. Jim Brickman, Chief Executive Officer, said, “We just reported the best first quarter in the history of the Company where net income attributable to Green Brick over the last twelve months through March 31, 2021 grew to $123.7 million, a 100% increase over the prior twelve-month period. Our first quarter net orders of 1,082 homes and ending backlog of $996 million both represent all-time records for the Company, up 28% and 45% over Q4...

KARE 11 Investigative Unit Honored With Peabody Award Finalist Nomination

Written by Customer Service on May 4, 2021. Posted in Public Companies.

MINNEAPOLIS, May 04, 2021 (GLOBE NEWSWIRE) — KARE 11’s “Cruel and Unusual” investigation of needless deaths in Minnesota jails has been named a finalist for the prestigious national Peabody Award. KARE 11 was selected out of nearly 1,300 broadcast and streaming media entries nationwide and is only one of 5 local television reports nominated. Peabody Judges remarked on the KARE 11 Investigates: Cruel and Unusual series, “After preventable deaths, botched investigations, falsified records and a suicide crisis, this thorough and well-rounded local Minneapolis investigation exposes a suspicious pattern of inmate deaths.” The KARE 11 Investigates unit documented this problem, led by reporters A. J. Lagoe and Brandon Stahl, photojournalists Gary Knox and Jason Steussy and Executive Producer Steve Eckert. Additional KARE 11 support came...

Day: May 4, 2021

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