Day: June 23, 2021

BRANFORD, Conn., June 23, 2021 (GLOBE NEWSWIRE) — Sachem Capital Corp. (NYSE American: SACH) today announced that it has commenced an underwritten public offering of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The terms of the offering, including the number of shares to be offered and sold and the dividend rate are to be determined by negotiations between the Company and the underwriters. The Series A Preferred Stock has a private credit rating of ‘BBB’ from Egan-Jones Ratings Company, an independent unaffiliated rating agency. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Series A Preferred Stock on the same terms and conditions to cover overallotments, if any. The Series A Preferred Stock is expected to be listed on the NYSE American...

SYRACUSE, N.Y., June 23, 2021 (GLOBE NEWSWIRE) — Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols Restaurant Group”) announced today that it plans to offer, in a private placement, senior notes due 2029 in the aggregate principal amount of $300 million (the “Notes”). Carrols Restaurant Group is the largest U.S. Burger King® franchisee based on the number of restaurants and has owned and operated Burger King restaurants since 1976. As of April 4, 2021, the Company owned and operated 1,010 Burger King restaurants and 65 Popeyes® restaurants. Carrols Restaurant Group intends to use the net proceeds of the private placement of the Notes and $46 million of revolving credit borrowings under its senior credit facility (i) to repay $74.0 million of outstanding term loan B-1 borrowings and $244.0 million of outstanding term loan...

New platform combines configuration and collaboration tools with knowledge-based search to modernize the embedded development workflow CHANDLER, Ariz., June 23, 2021 (GLOBE NEWSWIRE) — Microcontroller (MCU) design is now easier than ever with the new MPLAB cloud tools ecosystem available today for PIC and AVR devices from Microchip Technology Inc. (Nasdaq: MCHP). The free, all-in-one cloud platform combines easy, integrated search and discovery of example code, graphical configuration of projects and code debugging in a collaborative environment. This environment enables enterprise-scale rapid development while simplifying software design for users at all skill levels with an intuitive browser-based interface and cloud connectivity. Microchip’s MPLAB cloud tools ecosystem incorporates three powerful components designed to modernize...

EMERYVILLE, Calif., June 23, 2021 (GLOBE NEWSWIRE) — Gritstone bio, Inc. (Nasdaq: GRTS), a clinical-stage biotechnology company developing next generation cancer and infectious disease immunotherapies, today announced the appointment of Celia Economides as executive vice president and chief financial officer. Separately, the company announced that Roman Yelensky, Ph.D., executive vice president and chief technology officer, will be stepping down to co-found and lead a new startup in the cancer diagnostics space, working alongside a major healthcare investor. Andrew Allen, M.D., Ph.D., co-founder, president and chief executive officer of Gritstone, remarked, “Celia brings a diverse and well-rounded background to the CFO role for Gritstone, including leadership experience in business and finance strategy, investor and corporate communications,...

PITTSBURGH, June 23, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leading provider of wafer-level diffractive optics, today announced the introduction of high-efficiency multifunctional metalenses based on a II-VI proprietary platform that enables ultracompact optical sensors for a broad set of applications, including in consumer electronics, automotive, life sciences, and industrial markets. Optical sensors are increasingly embedded in diverse products such as smartphones, automotive vehicles, medical diagnostics, and laser processing heads, driving the demand for more efficient miniature optical subsystems that are compact, reliable, and manufacturable at scale. II-VI’s new metalenses are diffractive optical elements (DOEs) that are flat and can achieve multiple optical functions with extremely high efficiency...

BOTHELL, Wash., June 23, 2021 (GLOBE NEWSWIRE) — Cocrystal Pharma, Inc. (Nasdaq: COCP) (“Cocrystal” or the “Company”), a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, coronaviruses, hepatitis C viruses and noroviruses, announces the completion of IND-enabling studies with its potent, broad-spectrum PB2 inhibitor CC-42344 for the treatment of seasonal and pandemic influenza A and plans to initiate Phase 1 clinical development of CC-42344 in the third quarter of 2021. “We are highly encouraged by the potential of CC-42344 to treat seasonal and pandemic influenza, both of which are major global health concerns,” said Sam Lee, Ph.D., Cocrystal’s President and interim co-CEO. “We recently completed a 14-day GLP toxicology study,...

Celsion GmbH will manage current and future cancer studies with ThermoDox® Celsion continues its strategic focus on the development of GEN-1 and PLACCINE LAWRENCEVILLE, N.J., June 23, 2021 (GLOBE NEWSWIRE) — Celsion Corporation (NASDAQ: CLSN), a clinical-stage company focused on DNA-based immunotherapy and next-generation vaccines, announces that its new wholly owned subsidiary, Celsion GmbH, will manage all current and future investigator-sponsored development of ThermoDox®, the Company’s proprietary heat-activated liposomal encapsulation of doxorubicin. Andreas Voss, M.D., a leading oncology researcher, has been named Managing Director of Celsion GmbH and will step down from Celsion’s board of directors later this year to head the subsidiary, which is based in Zug, Switzerland. Establishing Celsion GmbH allows Celsion’s management...

Event will feature Dr. Daniel Culver, Director of the Interstitial Lung Disease Program at the Cleveland Clinic. Conference call and webcast scheduled for Tuesday June 29th at 5:00pm ET/2:00pm PT. SAN DIEGO, June 23, 2021 (GLOBE NEWSWIRE) — aTyr Pharma, Inc. (Nasdaq: LIFE), a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel biological pathways, today announced that the company will host a virtual Key Opinion Leader (KOL) event on the current treatment options for pulmonary sarcoidosis on Tuesday, June 29th at 5:00pm ET/2:00pm PT. The event will feature a presentation by Daniel Culver, D.O., Director of the Interstitial Lung Disease (ILD) Program at the Cleveland Clinic and a leading KOL in the area of pulmonary sarcoidosis, a major form of ILD. Dr. Culver will discuss the current...

Since January 2020, Rogers invested in high-speed internet, LTE, 5G connectivity to more than 1,000 communities, across Canadian cities, towns, rural and remote locations where thousands of small businesses are based To support Canada’s recovery from COVID-19, Rogers will enhance connectivity to an additional 750 communities by the end of 2021Rogers investments will make reliable Internet available to more than 500,000 households in rural and underserved communities by the end of 2021TORONTO, June 23, 2021 (GLOBE NEWSWIRE) — Rogers Communications today announced that over the past year and a half, as Canadian families and businesses relied on critical technology to work, learn and stay connected, the company enabled and enhanced connectivity to more than 1,000 communities from Kelowna, BC, to Peguis First Nations, MB, to...

Institution is the first community college to enroll in the programWashtenaw Community College has enrolled in DTE Energy’s MIGreenPower program with clean energy commitments starting in 2023. By 2029, the college’s clean energy commitment will equal 100% of its electric power usage.Detroit, June 23, 2021 (GLOBE NEWSWIRE) — DTE Energy (NYSE: DTE) and Washtenaw Community College (WCC) today announced the college’s enrollment in DTE Energy’s MIGreenPower voluntary renewable energy program. MIGreenPower provides DTE customers with an easy, low-cost option to access more clean energy without installing onsite generation. The first community college to enroll in the program, WCC has committed to an escalating enrollment that will begin in 2023 and increase annually with the college sourcing...