Day: May 7, 2021

SANTA CLARA, Calif., May 07, 2021 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, the “Company”), a global provider of embedded software and products for the Internet of Things (IoT), reported today that the Company has completed sales of $15.3 million in convertible notes to institutional and individual investors as of May 5, 2021, which in addition to $7.7 million sold to the same investors in February and April, totaled $23 million. The notes have a two-year term and an annual interest rate of 8%. The conversion price was reset to $0.972 per share, which was 90% of the closing price on the day effectiveness of registration was declared. The Company also issued 11,695,906 five-year warrants with an exercise price of $2.222 per share and 2,521,008 five-year warrants with an exercise price of $1.540 per share. The shares...

— Data published in Clinical Cancer Research indicate that early determination of PFS with modified RANO criteria may be a strong surrogate for overall survival in recurrent glioblastoma — Medicenna’s proposed patient population shows a tumor control rate of 81% (26/32) based on modified RANO criteria TORONTO and HOUSTON, May 07, 2021 (GLOBE NEWSWIRE) — Medicenna Therapeutics Corp. (“Medicenna” or “the Company”) (NASDAQ: MDNA TSX: MDNA), a clinical stage immuno-oncology company, today announced the peer-reviewed publication of clinical data from the Company’s Phase 2b recurrent glioblastoma (rGBM) trial in Clinical Cancer Research. The paper, entitled “Modified RANO, Immunotherapy RANO, and Standard RANO Response to Convection-enhanced Delivery of IL4R-targeted Immunotoxin MDNA55 in Recurrent Glioblastoma,” was published...

San Diego, California, May 07, 2021 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC Markets: HMBL) announced today that it has entered into a binding term sheet to acquire Monster Creative, LLC. Founded by award-winning industry veterans Doug Brandt and Kevin Childress, Monster Creative is a leading creative advertising agency in the entertainment space. Monster Creative will continue independent operations of its Hollywood studios while collaborating with HUMBL in creating multimedia NFTs and ticketing experiences for clients in sports, music, entertainment, fashion, gaming, and photography. “We are honored to work with such highly regarded Hollywood veterans, to create world class, immersive multimedia NFTs and ticketing experiences for clients and fans in the digital realm,” said Brian Foote, CEO of HUMBL. Throughout their careers Brandt...

MONTCLAIR, N.J., May 07, 2021 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ: TURN) will announce its first quarter 2021 financial results on Tuesday, May 11, 2021, shortly after the close of the public markets. It will host a conference call on Wednesday, May 12, 2021, at 9am Eastern Time to discuss these results and updates from Q2 2021.  The dial-in information for the call is noted below: U.S. Domestic Dial-In Number: (712) 770-4598 International Dial-In Numbers: https://d1io3yog0oux5.cloudfront.net/180degreecapital/files/International-Dial-In-Numbers-4-2019.pdf Passcode: 415049 Webcast: https://www.freeconferencecall.com/wall/180degreecapital Presentation materials along with a replay of the meeting will be available on the Company’s investor relations website at https://ir.180degreecapital.com/ir-calendar. About...

General Cannabis Board Member and major investor, Adam Hershey, to be appointed Interim CEOSearch for new CEO to begin immediatelyDENVER, May 07, 2021 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB: CANN) today announced several changes to its executive management team. Current Board Member and major investor, Adam Hershey, was appointed as the Company’s Interim CEO. Steve Gutterman stepped down from his CEO and Director roles and will be leaving the Company to pursue other opportunities, effective immediately. Tim Brown, Founder and CEO of Trees, will be joining the Board upon the first closing of the recently announced foundational Trees acquisition. Richard Travia, current Independent Board Member, has been named Lead Independent Director and has initiated a comprehensive search process to select a permanent CEO to lead...

Topline results expected in H1-2021 CARLSBAD, Calif. and SHANGHAI, China, May 07, 2021 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI), and co-development partner Newsoara today announce completion of a Phase 2 clinical trial evaluating lead drug candidate LB1148 for accelerating return of bowel function associated with gastrointestinal (GI) surgery. The PROFILE study in China is a randomized, double-blind, multicenter, Phase 2 trial that has enrolled over 120 patients undergoing elective bowel resection. Patients received an oral dose of LB1148 prior to surgery. The primary endpoint of clinical efficacy is the time to return of bowel function. “Completing the PROFILE study in China is a significant milestone for Palisade Bio in our mission to bring innovative treatments to the millions of people undergoing gastrointestinal...

BentrioTM meets primary efficacy endpoint in clinical evaluation in allergic rhinitis Clinically relevant and significant reduction in nasal symptoms Superior efficacy ratings by patients and clinicians    Pre-submission meeting with FDA supports 510(k) regulatory pathwayHamilton, Bermuda, May 7, 2021 – Auris Medical Holding Ltd. (NASDAQ: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology, rhinology and allergy and CNS disorders, and its affiliate Altamira Medica Ltd. today announced additional details on the outcomes from the clinical investigation of its BentrioTM nasal spray in allergic rhinitis and provided an update on the regulatory pathway in the US for the intended use in allergy. BentrioTM effectively alleviates allergy symptoms in clinical pollen challenge BentrioTM...

SHANGHAI, China, May 07, 2021 (GLOBE NEWSWIRE) — Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, announced today that the following shareholder resolutions were adopted and passed at its annual general meeting of shareholders held on May 7, 2021 in Shanghai, China:BY WAY OF A SPECIAL RESOLUTION, that the Fourth Amended and Restated Memorandum and Articles of Association currently in effect be amended and restated by the deletion in their entirety and the substitution in their place of the Fifth Amended and Restated Memorandum and Articles of Association of the Company in the form attached as Annex A to the proxy statement, and reflecting the updates as detailed in the proxy statement;BY WAY OF...

MCLEAN, Va., May 07, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards®. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes Freddie Mac’s top clients across multiple categories for excellence with Home Possible® mortgages – Freddie Mac’s affordable lending solution for very low- to low-income homebuyers. “This year’s Home Possible RISE award winners are to be commended as the pandemic weighed heavily on the industry, and the country,” said Danny Gardner, Senior Vice President, Client and Community Engagement. “We thank all our lender partners for their dedication and celebrate their efforts to expand responsible, sustainable homeownership.” This year’s award winners represent national and local lending companies, as well as their...