Day: May 19, 2021

Aerpio Provides Update on Aadi Bioscience Presentation at the ASCO 2021 Virtual Meeting

Written by Customer Service on May 19, 2021. Posted in Public Companies.

CINCINNATI, May 19, 2021 (GLOBE NEWSWIRE) — Aerpio Pharmaceuticals, Inc. (“Aerpio”) (Nasdaq: ARPO) announced that Aadi Bioscience (“Aadi”), a privately-held biopharmaceutical company focusing on precision therapies for genetically-defined cancers with alterations in mTOR pathway genes, today issued a press release disclosing its abstract to be presented at the American Society of Clinical Oncology (ASCO) 2021 Annual Meeting. As previously disclosed, on May 16, 2021, Aerpio entered into an Agreement and Plan of Merger among Aerpio, Aadi, and Aspen Merger Subsidiary, Inc. About Aerpio Pharmaceuticals Aerpio Pharmaceuticals, Inc. is a biopharmaceutical company focused on developing compounds that activate Tie2 for indications in which the Company believes that activation of Tie2 may have therapeutic potential. For more information,...

Oatly Group AB Announces Pricing of Initial Public Offering

Written by Customer Service on May 19, 2021. Posted in Public Companies.

MALMÖ, Sweden, May 19, 2021 (GLOBE NEWSWIRE) — Oatly Group AB (“Oatly”) announced today the pricing of its initial public offering of 84,376,000 American Depositary Shares (“ADSs”), each representing one ordinary share, 64,688,000 of which are being offered by Oatly and 19,688,000 of which are being offered by certain selling shareholders, at a public offering price of $17.00 per ADS. The underwriters of the offering will also have a 30-day option to purchase up to an additional 12,656,400 ADSs from the selling shareholders at the initial public offering price. The ADSs are expected to begin trading on the Nasdaq Global Select Market on May 20, 2021 under the ticker symbol “OTLY.” The closing of the offering is expected to occur on May 24, 2021 subject to satisfaction of customary closing conditions. Morgan Stanley, J.P. Morgan...

Tornado Global Hydrovacs Reports First Quarter 2021 Results

Written by Customer Service on May 19, 2021. Posted in Public Companies.

CALGARY, Alberta, May 19, 2021 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TGH: TSX-V) today reported its unaudited condensed consolidated financial results for the Three Months ended March 31, 2021. The unaudited condensed consolidated financial statements and MD&A have been filed on SEDAR and can be reviewed at www.sedar.com and on the Company’s web site www.tornadotrucks.com. Financial and Operating Highlights (in CAD $000’s except per share data) Three months ended March 31 2021 2020 Revenue (1) $ 7,978 $ 11,838 Cost of sales (1) 5,754 10,254 Gross Profit 2,224 1,584 Selling and general administrative expenses 1,125 1,244 Depreciation and amortization 449 404 Finance expense 39 29 Accretion expense 39 – Stock-based...

Trean Insurance Group Prices Secondary Offering of Common Stock

Written by Customer Service on May 19, 2021. Posted in Public Companies.

WAYZATA, Minn., May 19, 2021 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq:TIG) (“Trean”) today announced the pricing of a secondary offering of 5,000,000 shares of Trean common stock at a price of $14.00 per share. The offering is expected to close on May 24, 2021, subject to customary closing conditions. The selling stockholders named in the prospectus are offering 5,000,000 shares of Trean common stock. The underwriters have a 30-day option to purchase up to an additional 750,000 shares of common stock from the selling stockholders. Trean will not receive any proceeds from the offering. J.P. Morgan and Evercore ISI are acting as lead book-running managers, William Blair is acting as a joint book-running manager and JMP Securities is acting as a co-manager for the offering. This offering is being made only by means of...

ThreeD Capital Inc. Disposes of Securities of Windfall Geotek Inc.

Written by Customer Service on May 19, 2021. Posted in Public Companies.

TORONTO, May 19, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, announces that it has disposed of ownership and control of an aggregate of 489,500 common shares (the “Subject Shares”) of Windfall Geotek Inc. (the “Company” or “Windfall”) on May 13, 2021 (the “Disposition”). The Subject Shares represented approximately 0.40% of all issued and outstanding common shares of the Company as of May 13, 2021, resulting in a corresponding change to the percentage ownership by ThreeD from its last early warning report filed in connection with the acquisition of Windfall Subject Shares, from which ThreeD reported an 11.0% ownership on a partially diluted basis. Immediately prior to the Disposition,...

Galantas Grants Stock Options

Written by Customer Service on May 19, 2021. Posted in Public Companies.

TORONTO, May 19, 2021 (GLOBE NEWSWIRE) — Galantas Gold Corporation (“TSX-V: GAL; AIM: GAL) (“Galantas” or the “Company”) reports that it has awarded 3,915,000 incentive stock options on the Company’s common shares to directors, employees and consultants, in accordance with the terms of the Company’s incentive Stock Option Plan. The exercise price for the options, which expire on May 19, 2026, is C$0.86 per share and the grant of these options was approved by the Board of Directors on May 19, 2021. The options will vest as to one third immediately and one third on each of May 19, 2022 and May 19, 2023, and are valid for a 5-year period from the date of grant. The number of options issued to directors, employees and consultants are noted below:Name of Optionee Position Number of OptionsRoisin Magee Director & Chair 275,000Mario...

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2021 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

Written by Customer Service on May 19, 2021. Posted in Public Companies.

PHOENIX, May 19, 2021 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the fourth quarter and fiscal year ended April 3, 2021 on Wednesday, May 26, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Thursday, May 27, 2021 at 1:00 PM Eastern Time. Date: May 27, 2021 Time: 1:00 PM ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international) If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned...

Thirdera Expands into APAC with Service Line Solutions Acquisition

Written by Customer Service on May 19, 2021. Posted in Mergers And Acquisitions.

The fast-growing ServiceNow partner aims to help APAC companies use ServiceNow to solve their biggest problems LEESBURG, Va., May 19, 2021 (GLOBE NEWSWIRE) — Thirdera, the leading provider of professional services and integrations for companies implementing the ServiceNow platform, has acquired Service Line Solutions (SLS), a ServiceNow Elite-level partner in Australia. The acquisition provides Thirdera with a strong foundation for growth in the Asia-Pacific region, and brings a high-quality technical capability, development expertise and business process consulting practice to the Thirdera business. Terms of the deal are not being disclosed. All SLS staff will become Thirdera employees, including the company’s founders. Adoption of the ServiceNow platform is growing worldwide as companies have increased their use of digital systems...

Mount Logan Capital Inc. Announces Agreement to Acquire Ability Insurance Company

Written by Customer Service on May 19, 2021. Posted in Mergers And Acquisitions.

All amounts are stated in United States dollars, unless otherwise indicated. TORONTO, May 19, 2021 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces that it has entered into a non-binding agreement (the “Purchase Agreement”) for the acquisition of 100% of the equity of Ability Insurance Company (“Ability”) for a purchase price of $20 million (the “Purchase Consideration”) to be satisfied through the issuance of an unsecured promissory note in the amount of $15 million and $5 million of common shares of Mount Logan (the “Transaction”). Mount Logan’s wholly-owned subsidiary, Mount Logan Management LLC (“ML Management”) is proposed to manage a meaningful portion of Ability’s assets, significantly increasing ML Management’s assets under management (“AUM”). Ability is a Nebraska...

Sanofi to showcase data from its transformative oncology pipeline at 2021 ASCO Meeting

Written by Customer Service on May 19, 2021. Posted in Public Companies.

Sanofi to showcase data from its transformative oncology pipeline at 2021 ASCO MeetingEarly clinical data for investigational oral selective estrogen receptor (SERD), amcenestrant, show potential to become a new endocrine backbone therapy in ER+ HER2- breast cancer Data that reinforce Libtayo® (cemiplimab-rwlc) as a standard of care in advanced non-melanoma skin cancer and advanced non-small cell lung cancer, including new data in historically underrepresented patients with brain metastases Longer term data and new analyses for Sarclisa® (isatuximab-irfc) further strengthen efficacy profile, including for elderly patients and patients with high-risk cytogenetic abnormalitiesPARIS – May 19, 2021 – New research being presented at the upcoming virtual American Society of Clinical Oncology (ASCO) Annual Meeting from June 4-8 highlights...

Day: May 19, 2021

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