Month: June 2021

IRVINE, Calif., June 15, 2021 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB:VMNT), a multi-asset technology-driven company, today announced that its Form 10 Registration Statement initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 9, 2021, became effective on June 9, 2021. Moving forward, the Company will be subject to the reporting requirements subject to the periodic and current reporting requirements of Section 13 or 15(d) of the Exchange Act. The Form 10 provides investors with detailed information about the Company’s operations, including an overview of the business strategies, risk factors and financial statements. This additional information should allow for investors to make an educated investment decision regarding the Company. The Form 10 is available at...

LIMASSOL, Cyprus, June 15, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it received a written confirmation from the Nasdaq Stock Market on June 14 2021, that the Company is in full compliance with Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company’s stock, and the matter is now closed. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels. On a fully delivered basis, Castor will own a fleet of 26 vessels, with an aggregate capacity of 2.2 million dwt, consisting of 1 Capesize, 7 Kamsarmax and 10 Panamax dry bulk vessels, as well as 1 Aframax, 5 Aframax/LR2 and 2 MR1 tankers. Where we refer to information...

MENLO PARK, Calif., June 15, 2021 (GLOBE NEWSWIRE) — Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of cortisol, today announced that it has entered into an agreement with Sun Pharmaceutical Industries Limited and related entities (“Sun”) resolving patent litigation related to Korlym®, Corcept’s medication for the treatment of patients with Cushing’s syndrome. The litigation has been pending in the United States District Court for the District of New Jersey since 2019, shortly after Sun notified Corcept that it had submitted an Abbreviated New Drug Application (ANDA) to the United States Food and Drug Administration (FDA) seeking approval to market a...

New Hire Extends the Group’s National Footprint into California and Western United States ST. LOUIS, June 15, 2021 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced the hiring of Charlie Smith as Managing Director in the Venture and Fund Banking Group. Based in California, Mr. Smith is responsible for West Coast fund banking to venture capital and private equity funds, primarily focused on the technology and life sciences sectors. “We are thrilled to welcome Charlie to our team as we actively expand our national footprint,” said Brad Ellis, Head of Venture and Fund Banking at Stifel. “Mike Breaux has done a tremendous job building our fund banking business over the last three years and driving us to this important point. We are now able to complement Stifel’s well-established investment banking team on the West...

Verizon Frontline network and technology will provide mission-critical communication capabilities during simulated disaster response operationsThe Verizon Response Team (VRT) provides on-demand, emergency assistance during crisis situations to government agencies, emergency responders, nonprofits and communities on a 24/7/365 basis. PATRIOT is an annual exercise bringing together National Guard soldiers and airmen, civilian emergency management personnel and industry partners like Verizon Public Sector to practice incident response operations based on simulated emergency scenarios.VOLK FIELD, Wis., June 15, 2021 (GLOBE NEWSWIRE) — Verizon Frontline technologies were deployed today by the Verizon Response Team (VRT) in support of PATRIOT 21, a week-long training exercise sponsored by the National Guard Bureau (NGB) at Volk Field...

MISSISSAUGA, Ontario, June 15, 2021 (GLOBE NEWSWIRE) — SEB Administrative Services Inc. (“SEB Admin”) has fully implemented and gone live with the life insurance administration for the Royal Canadian Mounted Police (“RCMP”) Group Life Insurance and Disability Income Insurance plans. This is in accordance with the multi-year contract awarded to SEB Admin as announced by the RCMP on January 28, 2021. This initiative is in line with the Royal Canadian Mounted Police objective of providing enhanced member experience, and to ensure its active and retired 40,000+ plan members have a modern and sustainable insurance administration solution. States Mohamad El Chayah, President, CEO of SEB Administrative Services Inc., “SEB’s FlexPlus® platform has numerous features that the RCMP group life and disability members will enjoy while we facilitate...

MONACO, June 15, 2021 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo vessels, announced today that it has secured new long-term time charters for five containerships. The containerships have been chartered-out for 35 – 36 months at an average rate of approximately $41,723 net per day. The charters have the following structure: The first year is chartered-out at $54,313 net per day, the second year at $45,425 net per day and the remaining 11 months of the minimum period at $23,972 net per day. The charters will commence upon expiration of the current employment of the vessels. The table below sets out the vessel details and the expected commencement date of the new charters:Vessel Name TEU Year Built Estimated commencement date of new charterNavios...

IBS is one of the most important gastrointestinal disorders in Mexico, with a prevalence of around 16% [1](approximately 20 million patients)Broadens InFoods® global patent coverage with recently allowed patents in Korea and JapanIRVINE, Calif., June 15, 2021 (GLOBE NEWSWIRE) — Biomerica, Inc. (NASDAQ: BMRA) today announced that the Mexican Patent Office has issued a notice of allowance for Biomerica’s patent application pertaining to the Company’s InFoods® technology platform that offers a revolutionary approach in the treatment of patients suffering from Irritable Bowel Syndrome (“IBS”). Specifically, this allowed application contains claims that broadly cover the method that enables physicians to identify patient specific foods, such as milk, shrimp, broccoli, etc., that, when removed from the patient’s diet, may alleviate...

Weekly virtual conference offers valuable insights on trends and technologies in insurance risk, underwriting, claims workflows LONDON, June 15, 2021 (GLOBE NEWSWIRE) — The insurance landscape has gone through an incredible transformation, which has only accelerated over the last 15 months. Beginning Wednesday, 16 June, insurance leaders will gather weekly online at the Verisk Vision conference to discuss important issues facing the U.K. insurance industry. This annual conference is hosted by Verisk (Nasdaq:VRSK), a leading global provider of predictive analytics and decision-support solutions. Verisk Vision offers attendees valuable insights on emerging trends in InsurTech and best practices that can improve insurance risk, underwriting and claims workflows in the London and general insurance markets. Sessions are scheduled to...