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Month: June 2021

Avid Bioservices to Report Financial Results For Quarter and Fiscal Year Ended April 30, 2021 After Market Close on June 29, 2021

TUSTIN, Calif., June 22, 2021 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced that it will report financial results for the quarter and fiscal year (FY) ended April 30, 2021 on June 29, 2021 after market close and will host a conference call and webcast at 1:30 PM Pacific Time (4:30 PM Eastern Time). Members of Avid’s senior management will discuss financial results for the quarter and FY ended April 30, 2021 and review recent corporate developments. To listen to the live webcast, or access the archived webcast, please visit: http://ir.avidbio.com/investor-events. To listen to...

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Silicon Valley-Based Silk Road Medical Announces Expansion to MSP Region

SUNNYVALE, Calif., June 22, 2021 (GLOBE NEWSWIRE) — Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, recently announced the opening of a new office in Plymouth, Minnesota, to accommodate growing demand for TransCarotid Artery Revascularization (TCAR) and to access the local talent pool of aspiring and experienced med tech professionals. “We continue to invest in our long-term growth and are excited to expand our operations to include a facility in Plymouth. Medical Alley has a rich history of technological innovation and serves as a great complement to our continued and growing presence in Silicon Valley,” said Erica Rogers, President and Chief Executive Officer of Silk Road Medical. The new location extends Silk Road Medical’s footprint and provides further operational...

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Aveanna to be Added to Russell 2000 Index

ATLANTA, June 22, 2021 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings Inc. (“Aveanna”) today announced that it is set to join the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, 2021, according to a preliminary list of additions posted earlier this month. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, 2021, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings...

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Nasdaq Announces Expected Closing Date for Sale of U.S. Fixed Income Business to Tradeweb Markets

NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) announced today that all required regulatory and self-regulatory approvals have been obtained for the previously announced sale of its U.S. fixed income business, Nasdaq Fixed Income (NFI), to Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets. Nasdaq expects the closing of the proposed NFI transaction to occur on or around June 25, 2021. About NasdaqNasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit...

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Hawkins, Inc. Expands Pharmaceutical Ingredient Capabilities

Roseville, MN, June 22, 2021 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical company, today announced that it has completed a capital investment in its Minneapolis, MN facility to drive further growth in its pharmaceutical ingredient business. The total overall investment of approximately $5 million included automation capabilities and additional storage for raw materials and finished goods. The addition more than doubles the facility’s pharmaceutical capacity in a controlled environment to support the industry’s estimated demands and allows for larger quantity production campaigns. Patrick Hawkins, President and CEO, stated, “This expansion is consistent with our long-term growth strategy to make targeted investments in higher margin, faster growing markets. We believe these investments will help...

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Brilliant Acquisition Corporation Announces Extension of Completion Window to September 25, 2021

New York, June 22, 2021 (GLOBE NEWSWIRE) —  Brilliant Acquisition Corporation (the “Company”) announced today that it has extended the period of time it will have to consummate its initial business combination by 3 months from the current deadline of June 25, 2021 until September 25, 2021 (the “completion window”) because the Company’s Sponsor, Nisun Investment Holding Limited is timely depositing $460,000 in the Company’s trust account, representing $0.10 per Unit as additional interest on the proceeds in the trust account. The Company’s stockholders are not entitled to vote on or redeem their shares in connection with such extension of the completion window. About the Company Brilliant Acquisition Corporation is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or...

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Tempest and Millendo Announce Stockholder Approval of Merger

Tempest to Trade on Nasdaq Public Markets Under Ticker “TPST” SOUTH SAN FRANCISCO, Calif. and ANN ARBOR, Mich., June 22, 2021 (GLOBE NEWSWIRE) — Tempest Therapeutics, Inc. (“Tempest”), a clinical-stage oncology company developing potentially first-in-class therapeutics that combine both targeted and immune-mediated mechanisms, and Millendo Therapeutics, Inc. (Nasdaq: MLND) (“Millendo”), announced today the results for the proposals voted upon by Millendo stockholders at a Special Meeting on June 22, 2021. The stockholders voted in favor of all proposals at the Special Meeting, including to approve the proposed merger between the companies. The closing of the merger is anticipated to take place on or around Friday, June 25, 2021. Following the closing of the merger, the combined company will be renamed Tempest Therapeutics and shares...

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HPQ Silicon Strengthens Its Balance Sheet and Solidifies Its Position as an Innovative Manufacturer of Silicon Materials for Lithium-ion Batteries

An increase of more than 4.4 million in the Company’s equity through a series of transactions with Investissement Québec (IQ) MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) — Innovative Silicon Solutions company HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), is pleased to announce that Investissement Québec (IQ) completed the following financial transactions today:An increase of $2,325,000 in the Company’s liquidity through the exercise of 15,000,000 warrants;A reduction of $2,076,984 in Company debt through the early conversion of a $1,800,000 convertible debenture and the payment in shares of $276,984 of accrued interest related to the debenture.Settlement in shares of interest payable to Investissement Québec Pursuant to the terms of the $1,800,000 debenture issued by...

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Idaho First Bank Announces Spring Alexander as Compliance and Operations Officer

BOISE, Idaho, June 22, 2021 (GLOBE NEWSWIRE) — Idaho First Bank (the “Bank”) (OTC: IDFB) announces Spring Alexander as the new Compliance and Operations Officer. Spring will be located in the Boise location where she will oversee the Compliance and Operations departments while working closely with the Executive team to ensure company objectives are aligned.  As part of her Compliance duties, Spring will be responsible for all Bank policies and procedures and applicable state and federal banking regulations. While overseeing the Operations department, Spring will manage the Bank’s strategy across various branches, departments and multiple state locations to provide strong coverage, oversight, and resiliency. Prior to joining the Bank, Spring served as Vice President – Community Reinvestment & Fair Lending Officer for Sunwest...

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Fomo Corp. to Advise Homeland Resources to Get Sec Current and Explore M&a

Chicago IL, June 22, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: FOMC) announces that its subsidiary FOMO ADVISORS LLC has been retained by Homeland Resources Ltd. (US OTC: HMLA) to bring HMLA current with regard to SEC reporting requirements and to advise on strategic mergers and acquisitions. As part of the relationship, FOMO CORP. has agreed to go exclusive with Homeland Resources Ltd. with a “no shop” through September 30, 2021 to explore the merger of its cannabis media subsidiary KANAB CORP., owner and operator of the cannabis health and wellness site Kanab Club (www.kanab.club), into the public entity. Homeland Resources has been delinquent in its SEC filings for three years since filing a Form 15. Under the terms of the agreement, FOMO CORP.’s retainer will not vest until HMLA is brought current no later than September...

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