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Day: May 14, 2021

Cullinan Oncology Reports First Quarter 2021 Financial Results

Continued advancement of broad portfolio, highlighted by initiation of Phase 2a dose expansion of Cullinan Pearl in NSCLC patients with EGFRex20ins mutations Cash, cash equivalents and investments of $473.0 million as of March 31, 2021 post completion of Initial Public Offering in early January 2021 Updated Cullinan Pearl data to be presented during a poster session at the 2021 American Society of Clinical Oncology (ASCO) Annual Meeting CAMBRIDGE, Mass., May 14, 2021 (GLOBE NEWSWIRE) — Cullinan Oncology, Inc. (Nasdaq: CGEM) (“Cullinan”), an oncology company seeking to drive shareholder returns by focusing on the patient, today announced its financial results for the first quarter ended March 31, 2021 and reported on recent business highlights. “I am pleased with the progress we have made across our portfolio and our organization...

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Tyson Foods Selling Successful Pet Treats Business to General Mills for $1.2 Billion

Transaction includes Nudges®, True Chews® and Top Chews® brands SPRINGDALE, Ark., May 14, 2021 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (NYSE: TSN) is selling its successful pet treats business to General Mills, Inc. (NYSE: GIS) for approximately $1.2 billion, the company announced today. The sale of the business, a leading player in natural pet treats, is expected to be completed by the end of the company’s 2021 fiscal year, subject to regulatory approval and other customary closing conditions. It includes the Nudges®, True Chews® and Top Chews® brands, as well as a production facility in Independence, Iowa. Tyson Foods will continue to provide meat ingredients for the pet treats business after General Mills assumes ownership. “We’re proud of the tremendous success of this business and the diligent work by our team to meet growing...

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HEXO Corp announces US production facility in Colorado

OTTAWA, May 14, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced Purchase and Sale Agreements in relation to its first US production facility, through a wholly owned US subsidiary. The ~50,000 sq. ft. facility, located in Northern Colorado, will provide US CPGs and consumers access to the Powered by HEXO® technology. “Signing the Purchase and Sale Agreements is an important milestone as we continue to expand into the US market. The Colorado facility will be instrumental to successfully executing on our US strategy, which includes the supply of high quality Powered by HEXO ® technology to our current and potential multinational CPG partnerships in the United States,” said HEXO CEO and co-founder Sebastien St-Louis. “The facility will provide HEXO with the necessary infrastructure...

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SFL – Options awarded to employees and board members

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that 480,000 options were awarded to employees and board members as part of the management incentive program. The options have been issued pursuant to the Company’s Share Option Scheme and will have a five-year term with a three-year vesting period. The initial strike price is $8.79 and the first options will be exercisable from May 2022. May 14, 2021 The Board of DirectorsSFL Corporation Ltd.Hamilton, Bermuda Investor and Analyst Contacts:Aksel Olesen, Chief Financial Officer, SFL Management AS+47 23 11 40 36André Reppen, Chief Treasurer & Senior Vice President, SFL Management AS+47 23 11 40 55 Media Contact:Ole B. Hjertaker, Chief Executive Officer, SFL Management AS+47 23 11 40 11 About SFL SFL has a unique track record in the maritime industry and has paid...

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Plug Power Completes Restatement of Previously Issued Financial Statements and Files 2020 Annual Report

As Anticipated, No Impact on Cash Position, Business Operations or Economics of Commercial Arrangements No Change to Gross Billings; Company Reaffirms Previously Disclosed Annual Gross Billings Targets Plug Power Remains Well-Positioned to Leverage Industry Leadership and Capture MeaningfulShare of the $10T Hydrogen Economy Company to Host Conference Call at 8:30 am ET Today LATHAM, N.Y., May 14, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, today announced that the Company has completed the restatement of its previously issued financial statements for fiscal years 2018 and 2019 and its quarterly filings for 2019 and 2020 (the “restated periods”), and has filed its Form 10-K for the year ended December...

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Chindata Group’s Taihang Mountain Campus Tops China’s Carbon Neutral Data Center Awards

BEIJING, May 14, 2021 (GLOBE NEWSWIRE) — Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area, provided by Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, has won first prize of Carbon Neutral Data Centers initiated by the China Academy of Information and Communications Technology (CAICT), the Press Center of the Ministry of Industry and Information Technology (MIIT) and Open Data Center Committee (ODCC). Located in Datong, North China’s Shanxi province, Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area is the key part of Chindata Group’s hyperscale zero-carbon computing power cluster in the pan-Beijing area, with Asia’s the largest single hyperscale data center...

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Hooker Furniture to Host First Quarter Earnings Call June 4th

MARTINSVILLE, Va., May 14, 2021 (GLOBE NEWSWIRE) — Hooker Furniture Corporation (Nasdaq-GS: HOFT) will present its fiscal 2022 first quarter financial results via teleconference and live internet web cast on Friday morning, June 4, 2021 at 9:00 AM Eastern Time. The dial-in number for domestic callers is 877.665.2466 and the number for international callers is 678.894.3031. The conference ID number is 6963179. Hooker’s fiscal 2022 first quarter began on February 1, 2021 and ended on May 2, 2021. The call will be simultaneously web cast and archived for replay on the Company’s web site at hookerfurniture.com in the Events section under Investor Relations. Hooker Furniture Corporation, in its 97th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture and fabric-upholstered...

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Magnite to Present at the 16th Annual Needham Virtual Technology & Media Conference

LOS ANGELES, May 14, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, announced that Michael Barrett, President & Chief Executive Officer, will participate in a virtual fireside chat hosted by Laura Martin from Needham, at the 16th Annual Needham Virtual Technology & Media Conference on Tuesday, May 18th at 11:45 am eastern time. A live webcast of the presentation will be available in the “Events and Presentations” section of Magnite’s investor relations website at http://investor.magnite.com. The webcast will be available for replay following the conclusion of the live presentation for 180 days. About Magnite We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across...

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Hunter Technology Announces Webcast for Shareholder Connect

VANCOUVER, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”), a developer of digital marketplaces for global energy trading, today announced that it will conduct a webcast to discuss the company strategy, product status and roadmap on Monday, May 17, 2021 at 4:30pm Eastern Time (ET). The webcast will be hosted by Florian M Spiegl, CEO. Investors and analysts interested in participating in the call are invited to register their participation via the company website www.huntertechnology.com and submit questions prior to the call via the registration page or by sending an email to ir@huntertechnology.com. About Hunter Technology Corp. Hunter Technology Corp. develops interactive software...

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