Day: June 24, 2021

NEWARK, Del., June 24, 2021 (GLOBE NEWSWIRE) — Artesian Wastewater Management, Inc. (Artesian) began accepting treated effluent from Allen Harim today, commencing full operation of Artesian’s Sussex Regional Recharge Facility (SRRF). Over the past four years, Artesian made extensive and beneficial investments in its regional facility while also providing services and resources to Allen Harim in order to successfully complete this important project. Completion of the project allows Allen Harim to meet its regulatory permit requirement to cease wastewater discharge to the Beaverdam Creek at its Harbeson, Delaware plant. Artesian’s 90 million gallon storage lagoon and nearly 9 miles of treated effluent force mains are the culmination of years-long efforts to provide proper wastewater solutions for Allen Harim’s Harbeson facility,...

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $100 million of shares of its common stock in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase up to an additional $10 million of shares of common stock sold in the offering, at the public offering price, less the underwriting discounts and commissions. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the shares in the offering are to be sold by Synchronoss, with net proceeds...

BURR RIDGE, Ill., June 24, 2021 (GLOBE NEWSWIRE) — The Board of Directors of BankFinancial Corporation (the “Company”) increased the total number of shares currently authorized for repurchase under the Share Repurchase Program by 900,000 shares. As of June 24, 2021, a total of 99,661 shares remained authorized for purchase pursuant to the previous share repurchase authorization. Therefore, as of June 24, 2021, the total number of shares authorized for repurchase is 999,661. The share repurchase authorization remains in effect through November 15, 2021. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The authorization will be utilized at management’s...

CHARLOTTESVILLE, Va., June 24, 2021 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on the development of treatments for addictions, today announced that it has received correspondence related to its request for Fast Track Designation from the U.S. Food and Drug Administration (FDA) for its drug candidate, AD04, for the treatment of Alcohol Use Disorder (AUD) in pediatric patients and adult patients with Alcoholic Liver Disease (ALD) with select polymorphisms of the serotonin transporter and receptor genes. While AD04 is being developed and undergoing a pivotal Phase 3 trial to treat any adult with AUD with the targeted genetics, Adial believes AD04 holds the potential to effectively and safely treat AUD patients that are adolescents or have ALD. The Company...

CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”) (TSX: DRT, NASDAQ: DRTT) an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, announces that it has expanded its litigation against Falkbuilt (a company started by two of DIRTT’s founders Mogens Smed and Barrie Loberg), and continues to aggressively pursue Smed, Loberg and Falkbuilt via four separate lawsuits across North America, as outlined below. Kevin O’Meara, chief executive officer, stated, “Our primary focus is the successful execution of our strategic plan and capturing the benefits of improving construction market conditions, however we also remain steadfast in our commitment to vigorously defend the value of our business, our brand and the interests...

WOW!’s Mainframe Studios Diversifies Storytelling Capabilities VANCOUVER, Canada, June 24, 2021 (GLOBE NEWSWIRE) — Mainframe Studios, a division of WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSXV: WOW; OTCQX: WOWMF), expands the diversity of their content with a dedicated 2D Pipeline. The award-winning CG animation studio is elevating their creative roster with a newly appointed team of 2D animation storytellers. Already a leader in the 3D animation space, Mainframe’s constant drive to innovate has resulted in shows that incorporate live action and Epic’s real-time Unreal engine. Branching into 2D production furthers the studio’s range of creative approach for both original IP and service projects. Mainframe’s original IP The Guava Juice Show, a YouTube Originals, is the studio’s first 2D animation series out of the gate...

Ultrasonic Technology to Heal Diabetic Foot Ulcers DURHAM, N.C., June 24, 2021 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, has completed a minority investment in Vaporox, Inc., a developer of a highly innovative diabetic foot ulcer (“DFU”) wound healing therapy. Founded in 2016, Vaporox is based in Denver, Colorado and has developed a patented, ultrasonic technology, Vaporous Hyperoxia Therapy™ (“VHT”), that has demonstrated the ability to heal approximately 85% of DFUs that were unresponsive to the current standard of care. DFUs represent a tremendous cost to the health care system and are one of the most common and severe complications associated with diabetes. Foot and ankle surgeons are the leading specialty treating the over two million...