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Day: May 26, 2021

Odyssey Group International Announces Successful Toxicology Studies for its Concussion Drug

Enters Agreement with Contract Research Organization for Phase 1 Trial IRVINE, CA, May 26, 2021 (GLOBE NEWSWIRE) — Odyssey Group International, Inc. (OTCQB:ODYY) (the “Company” or “Odyssey”), a technology and asset acquisition company focused on developing unique, life-saving medical products, today announced the completion of the Food and Drug Administration (FDA) required toxicology studies designed to support clinical trials with PRV-002, its lead drug candidate to treat concussion (mild traumatic brain injury). Odyssey has also contracted with a Contract Research Organization (CRO) for its planned Phase 1 human trial. PRV-002 was tested in two species of laboratory animals, dosed three times per day at three escalating doses by intranasal administration for 14 days. Standard safety assessments included...

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Interim report – SP Group A/S – First quarter of 2021

SP Group generated EBITDA of DKK 598.1 million in the Q1 2021 reporting period, a 9.5% improvement from DKK 546.4 million in Q1 2020. EBITDA was up by 19.7% to DKK 105.2 million from DKK 87.9 million last year, and profit before tax was up 34.5% to DKK 67.5 million. The upgraded FY 2021 guidance provided in Announcement no. 28/2021 is maintained. SP Group now expects FY 2021 revenue to grow by 4% to 12% with an EBITDA margin of 16.0% to 18.0% and an EBT margin of 9% to 12%.  The Board of Directors of SP Group A/S has today considered and approved the interim report for Q1 2021. Please see attached stock announcement.AttachmentMeddelelse nr. 38 – Q1 – ENG – 26 05 21

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Gilat Extends Multi-Million Dollar IoT Project in Latin America

Tier-1 MNO extends coverage of Gilat’s cellular backhaul solution as it expands its Agriculture IoT networkAgriculture IoT Network in LATAM Powered by GilatGilat’s leading CBH solution increases productivity in the IoT Agribusiness marketPETAH TIKVA, Israel, May 26, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today the extension of its multi-million dollar IoT project in Latin America. Tier-1 MNO extends coverage of Gilat’s cellular backhaul solution as it expands its Agriculture IoT network. The Agribusiness IoT market addresses a critical need to better provide communication between the field and the office. Gilat provides the 4G network expansion to support the growing...

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The Joint Corp. to Participate Virtually in the 18th Annual Craig-Hallum Institutional Investor Conference

SCOTTSDALE, Ariz., May 26, 2021 (GLOBE NEWSWIRE) — The Joint Corp. (NASDAQ:JYNT), a national operator, manager, and franchisor of chiropractic clinics, announced that management will participate in the 18th Annual Craig-Hallum Institutional Investor Conference on Wednesday, June 2, 2021. President and CEO, Peter D. Holt and CFO, Jake Singleton will meet with institutional investors in one-on-one meetings during the day. To schedule a meeting, please contact a Craig-Hallum representative. About The Joint ChiropracticThe Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, the company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. With more than 600...

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ARKO Corp., the 6th Largest Convenience Store Operator, Announces Extended Wholesale Agreement with Core-Mark

Thirty-two month agreement increases total locations served by Core-Mark from 865 to 1,055 RICHMOND, Va. and WESTLAKE, Texas, May 26, 2021 (GLOBE NEWSWIRE) — GPM Investments, LLC, a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) and Core-Mark Holding Company, Inc. (NASDAQ: CORE), today announced the signing of an extended 32-month master supply agreement with Core-Mark International, Inc. as part of a consolidation of the company’s wholesalers and continued growth strategy. The agreement will increase the number of GPM store locations for which Core-Mark provides service from 865 to 1,055. “We’re excited to continue working with Core-Mark to bring a strong assortment of products and value to even more customers through efficient supply chain operations,” said Mike Bloom, GPM’s Executive Vice President, Marketing and Merchandising....

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Pinduoduo backs first of its kind study by Singapore researchers on health impact of plant-based meats

SHANGHAI, China, May 26, 2021 (GLOBE NEWSWIRE) — Plant-based proteins have exploded into the public consciousness in recent years, with proponents touting their benefits for the environment and animal welfare. But are these products good for consumers? To try and quantify the impact on human health, Pinduoduo, China’s leading agricultural platform, has teamed up with the Singapore Institute of Food and Biotechnology Innovation (SIFBI) to conduct a study that aims to determine the nutritional impact from replacing traditional animal proteins with plant-based proteins. This study will be the first of its kind to focus specifically on novel plant-based meats and their impact on human health. This sets it apart from broader research looking at the health impact of plant-based diets. As these novel foods become more commonplace, consumer...

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Pinduoduo says conditions are ripe to reimagine logistics

SHANGHAI, China, May 26, 2021 (GLOBE NEWSWIRE) — When Pinduoduo was started in 2015, the founding team faced an important decision. Should the e-commerce startup concentrate its resources to develop a mobile-only platform, or spread its bets and also create a desktop version, given most online shopping still took place on personal computers and laptops? At that time, there were good arguments both ways, but Chen Lei, who oversaw technology development at Pinduoduo, won the day. He persuaded the team to focus exclusively on developing a mobile architecture, confident that the proliferation of cheap smartphones and increasing broadband speeds would unleash wholesale changes in consumer behavior. He wanted Pinduoduo to be at the front of the line to catch this once-in-a-generation wave. It turned out to be the right decision as consumers...

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Pinduoduo intensifies agriculture modernization drive as 1Q revenue tops estimates, users surpass 800 m

Pinduoduo announces new research initiative to quantify the impact of novel plant-based proteins on human health Founded in 2015, Pinduoduo has made digital inclusion for rural farming communities a central plank of its strategySHANGHAI, China, May 26, 2021 (GLOBE NEWSWIRE) — Pinduoduo Inc., China’s largest agriculture platform, pledged to step up efforts to modernize the agri-food system as it surpassed 800 million in users for the first time. Revenue for the first quarter rose 239% to 22.2 billion yuan ($3.4 billion) in the three months ended March, beating consensus analyst estimates. The number of annual active buyers for the 12 months ended March increased to 823.8 million, making Pinduoduo the most widely used e-commerce platform in China. “Our growing scale gives us both greater capacity as well as responsibility to live...

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Proposed Amendment to the Principal Amount of the Affected Securities Adjournment of Meeting of the Etp Securityholders

26 May 2021 LEI: 2138003QW2ZAYZODBU23 LSE Code: 3HCS WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY(a public company incorporated with limited liability in Ireland)WISDOMTREE COPPER 3x DAILY SHORT SECURITIESISIN: IE00B8KD3F05 PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES ADJOURNMENT OF MEETING OF THE ETP SECURITYHOLDERS THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended to consult your independent financial adviser. If you have sold or transferred all of your WisdomTree Copper 3x Daily Short Securities (the “Affected Securities”) of WisdomTree Multi Asset Issuer Public Limited Company (the “Issuer”), please send this document, together with the accompanying form of proxy, at once to the purchaser or transferee or...

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Pinduoduo Announces First Quarter 2021 Unaudited Financial Results

SHANGHAI, China, May 26, 2021 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), China’s largest agriculture and interactive commerce platform, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 HighlightsTotal revenues in the quarter were RMB22,167.1 million (US$13,383.4 million), an increase of 239% from RMB6,541.1 million in the same quarter of 2020.Average monthly active users2 in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.Active buyers3 in the twelve-month period ended March 31, 2021 was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period ended March 31, 2020.Operating loss in the quarter was RMB4,147.0 million (US$633.0 million), compared with operating...

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