Month: May 2021

ENGLEWOOD, Colo., May 03, 2021 (GLOBE NEWSWIRE) — Total Cray Valley and Gevo, Inc. (NASDAQ: GEVO) announced today the successful completion of phase 1 of their Joint Development Agreement (JDA) to upgrade fusel oils into renewable isoamylene. The companies are now seeking to advance to Phase 2 of the JDA, which will allow for scale up of Gevo’s technology at a demonstration scale. Fusel oils, made during the production of ethanol, equate to approximately 1 million tons of bio-based feedstock. The JDA, signed in 2020, is based on Gevo’s chemical-based catalytic processes that selectively convert low-value fusel oils, a mixture of alcohols that are byproducts from fermentation processes such as ethanol or isobutanol production, into higher-value renewable chemicals such as isoprene, ketones, aldehydes, or olefins, in this case isoamylene. Isoamylene...

MIRAMAR, Fla., May 03, 2021 (GLOBE NEWSWIRE) — Generex Biotechnology Corporation (www.generex.com) (OTCQB:GNBT) subsidiary Olaregen Therapeutix today announced that the company has executed a Distribution Agreement with Nexgen Medical Sdn Bhd, Inc. (“Nexgen”) to be Generex’s exclusive distributor to import, market and sell the Excellagen line of wound care products in Malaysia. Nexgen is coordinating the approval of Excellagen with the Malaysian Ministry of Health and expects commercial approval by the end of May 2021. Nexgen has committed to purchasing 1,000 units of Excellagen in year one, with an initial purchase of 500 units 0.8cc syringes of Excellagen. Anthony J. Dolisi, President and Chief Executive Officer of Olaregen said, “This is an exciting day for Excellagen, as we have opened the door for international distribution...

GOLETA, Calif., May 03, 2021 (GLOBE NEWSWIRE) — Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income increased 15.4% to $3.0 million, or $0.35 per diluted share, for the first quarter of 2021 (1Q21), compared to $2.6 million, or $0.31 per diluted share, for the fourth quarter of 2020 (4Q20), and increased 87.5% compared to $1.6 million, or $0.19 per diluted share, for the first quarter of 2020 (1Q20). “We started the year with solid operating performance, higher net interest income and an expanding net interest margin, fueled by loan originations and core deposit growth,” stated Martin E. Plourd, President and Chief Executive Officer. “We continue to generate profitable operations, which sustains our ability to increase dividends....

Klövern has acquired and taken possession of a property in Manhattan with the address 407 Park Avenue. The transaction’s underlying property value amounts to USD 30 million. The acquired property is located right next to Klövern’s planned future project on 417 Park Avenue which is developed in collaboration with the New York-based property developer GDSNY. This add-on acquisition further improves the development opportunities for that project. Klövern AB (publ)For further information, please contact:Jens Andersson, Head of Finance, +46 76 855 67 02, jens.andersson@klovern.se Peeter Kinnunen, Acting CEO, +46 76 855 67 03, peeter.kinnunen@klovern.se Lars Norrby, IR, +46 76 777 38 00, lars.norrby@klovern.se Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern...

WOODBURY, NY, May 03, 2021 (GLOBE NEWSWIRE) — Research Frontiers Inc. (Nasdaq: REFR) announced today that it will release its first quarter 2021 financial results on Thursday, May 6, 2021. Research Frontiers will host a conference call at 4:30 p.m. Eastern Time on Thursday, May 6, 2021 to discuss its first quarter 2021 financial and operating results as well as recent developments.Who: Joseph M. Harary, President & CEO Date/Time: Thursday, May 6, 2021, 4:30 PM ET Dial-in Information: 1-888-334-5785 Questions: Email to Questions@SmartGlass.com Replay: Available on Friday, May 7, 2021 for 90 days at https://smartglass-ir.com/About Research Frontiers Research Frontiers (Nasdaq: REFR) is a publicly traded technology company and the developer of patented SPD-Smart light-control film technology which allows users to instantly,...

SAN DIEGO, CALIFORNIA, May 03, 2021 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, has signed a Letter of Intent (the “LOI”) to acquire a 25% interest in Rancho Costa Verde Development, LLC (“RCV”). RCV is a profitable developer of a 1,100-acre, 1,200-lot master planned community in Baja California, located roughly 8 km north of ILA’s Oasis Park Resort. “A key part of our growth strategy is making synergistic acquisitions that carry expanded resources to our operations, and this proposed agreement is an ideal example of meeting these criteria,” said Jason Sunstein, Vice President of ILA. “Not only is RCV an established, profitable development company with a complementary real estate asset, but its management team has sold...

Addition of Meredith’s 17 TV Stations Will Transform Gray into the Second Largest Television Broadcast GroupGray’s Pro Forma Television PortfolioPortfolio MapAtlanta, Ga., May 03, 2021 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) has agreed to acquire all outstanding shares of Meredith Corporation (“Meredith”) for approximately $14.50 per share in cash, or $2.7 billion in total enterprise value after the spin off of Meredith’s National Media Group to the current Meredith shareholders. The parties expect to close the transaction in the fourth quarter of 2021. Immediately prior to closing this acquisition, Meredith will spin off to its existing shareholders its National Media Group operating division, which owns the nation’s largest portfolio of magazines as well as digital and marketing assets....

This is the first branch under the “LEMONNADE” brand (from the Cookies family) outside of North America LEMONNADE Jerusalem is another flagship branch in InterCure’s leading, medical cannabis focused, pharmacy chain ‘Givol‘ TORONTO and HERZLIYA, Israel, May 03, 2021 (GLOBE NEWSWIRE) — InterCure Ltd. (TSX: INCR.U, TASE: INCR) (dba Canndoc) (“InterCure” or the “Company”) announced today the opening of the first “LEMONNADE” branch in Jerusalem as part of the “Givol” pharmacy chain. The Pharmacy has officially begun operating after received its cannabis dispensing license from the Israeli Medical Cannabis Agency (IMCA) on April 27, 2021. This is the first branch under the “LEMONNADE” brand (from the Cookies family) outside of North America to begin operations. The branch will operate and provide services...

VANCOUVER, Washington, May 03, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing Vyrologix™ (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader Pourhassan, Ph.D., President and Chief Executive Officer, Scott Kelly, M.D., Chairman and Chief Medical Officer and Chris Recknor, M.D., Chief Operating Officer will host an investment community webcast on Wednesday, May 5, 2021. Management will provide a full update to its stockholders on Company priorities, including recent COVID-19 initiatives and additional information concerning its active trials in COVID-19, NASH and cancer. Management will dedicate approximately 60 minutes to address questions submitted online by analysts and investors. Date:...

Survey Shows One Third of Americans Haven’t Had an Extended Family Gathering in Over a Year; New List Helps Diners Navigate the Best Brunch Spots to Reunite and Celebrate with Loved Ones SAN FRANCISCO, May 03, 2021 (GLOBE NEWSWIRE) — OpenTable, the world’s leading provider of online restaurant reservations and part of Booking Holdings Inc. (NASDAQ: BKNG), today released its annual list of the 100 Best Brunch Restaurants in America for 2021. As restaurant restrictions ease in the U.S, a recent OpenTable survey* shows 33% of Americans haven’t had an extended family gathering in more than a year, and OpenTable data shows Mother’s Day reservations are up 64% compared to 2019 (pre-pandemic levels) – a clear sign families are eager to reunite and celebrate with their loved ones this Mother’s Day. “This Mother’s Day...