Month: July 2021
PRESS RELEASE
31 July 2021, 18:00 CETFire Incident at Biocartis Warehouse in Mechelen, BelgiumMechelen, Belgium, 31 July 2021 – Biocartis Group NV (the ‘Company’ or ‘Biocartis’) (Euronext Brussels: BCART) reports that a fire broke out at one of the Company’s warehouse facilities in Mechelen, Belgium, during the night of 30 July 2021.
No one was injured and all Biocartis staff on the site were safe. While the fire incident caused considerable damage to the warehouse facility and raw materials stock, the production line (‘ML2’) located in the affected building was not damaged. Production will however be disrupted because of the structural damage to the building from both the fire as well as the water damage from the fire extinguishing efforts.
Biocartis is now assessing the...
Peak Bancorp, Inc. Announces 2nd Quarter 2021 Results
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MCCALL, Idaho, July 31, 2021 (GLOBE NEWSWIRE) — Peak Bancorp, Inc., (the Company) (OTC: IDFB), the holding company for Idaho First Bank (the Bank), today announced unaudited financial results for the second quarter ended June 30, 2021.
The Company recognized net income of $1.4 million in the second quarter of 2021, bringing year-to-date net income for the first half of the year to $3.3 million. Book value per share increased to $7.48 per share at the end of the quarter, compared to $7.20 at the previous quarter end, and $6.41 the same time last year. “We remain focused on profitable growth of our balance sheet, and that focus ties directly to our improvement in shareholder value,” noted Todd Cooper, CEO.
The Company’s loan portfolio ended the period at $541 million, which included $221 million in Paycheck Protection Program (PPP)...
EnWave Files Claim Against Former CEO and Others
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VANCOUVER, British Columbia, July 30, 2021 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announces that it has filed a lawsuit in the Supreme Court of British Columbia against several defendants, including Timothy Durance, three other former EnWave employees Gary Sandberg, Bino Anand and Reihaneh Noorbakhsh and three companies associated with Mr. Durance, including Dehydration Research, LLC and Durance Technologies, Inc.
EnWave is also pursuing claims against Primo Fabrication LLC, BC Hop Company Ltd., Dwayne Stewart, who is BC Hop Company Ltd.’s President, several companies doing business as Peregrine Precision Systems and Sean McLean, who is a principal of Peregrine Precision Systems.
Mr. Durance was EnWave’s CEO from 1999 until his departure from EnWave in August 2018.
EnWave, in its...
ECMOHO Limited Announces Proposed Underwritten Public Offering of American Depositary Shares
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SHANGHAI, China, July 30, 2021 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the health and wellness market in China, today announced that it intends to offer American depositary shares, or ADSs, each representing four of its Class A ordinary shares, for sale in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate and working capital needs. The offering is subject to market conditions, and 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.
Aegis Capital Corp. is acting as the sole book-running manager for the offering.
This offering is being made pursuant to an effective shelf registration statement on Form F-3 (No....
CleanTech Acquisition Corp. Announces the Separate Trading of its Common Stock, Rights and Warrants, Commencing August 4, 2021
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NEW YORK, July 30, 2021 (GLOBE NEWSWIRE) — CleanTech Acquisition Corp. (the “Company”) announced today that, commencing August 4, 2021, holders of the units sold in the Company’s initial public offering completed on July 19, 2021, may elect to separately trade the shares of common stock, rights and warrants included in such units on The Nasdaq Capital Market (“Nasdaq”).
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The common stock, rights and warrants that are separated will trade on Nasdaq under the symbols “CLAQ,” “CLAQR” and “CLAQW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “CLAQU.” Holders of units will need to have their brokers contact Continental Stock Transfer &...
SEB Reports Results for Second Quarter 2021
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5 Quarters of Positive EBITDAConference Call Scheduled Thursday, August 5 at 11:00 A.M.
MISSISSAUGA, Ontario, July 30, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reports its financial results for the second quarter ending May 31, 2021.
States John McKimm, President/CEO/CIO of Smart Employee Benefits Inc.:“The second quarter, 2021 is the fifth consecutive quarter of positive EBITDA and Adjusted EBITDA. The trailing twelve months EBITDA was a positive $1.662M and adjusted EBITDA was $3.047M for the same period. Continued positive growth is targeted for the remainder of fiscal 2021 and beyond. Adjusted EBITDA and EBITDA improved significantly for the second quarter 2021 over the comparable period the previous year. Adjusted EBITDA for Q2/21 was $1.015M vs. $0.520M in Q2/20. EBITDA...
Small Pharma Reports First Fiscal Quarter 2021 Highlights
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Successful completion of listing on TSX Venture Exchange
$58 million financing enables potential rapid advancement of Small Pharma’s patent portfolio
LONDON, United Kingdom, July 30, 2021 (GLOBE NEWSWIRE) — Small Pharma Inc. (TSXV: DMT) (the “Company” or “Small Pharma”), a neuropharmaceutical company focused on psychedelic-assisted N,N-dimethyltryptamine (“DMT”) therapies, has today published its first quarter results for the three months ended May 31, 2021. A full copy of the results can be found under the Company’s profile on SEDAR at www.sedar.com. Unless otherwise indicated, all currency references are to Canadian dollars.
Operational Highlights (including post-period events):Strong progress in Phase I/IIa clinical trial for lead product, SPL026, DMT-assisted therapy for the treatment of depressionCompletion of fourth...
Borqs Technologies Postpones Annual General Meeting of Shareholders to August 6, 2021
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SANTA CLARA, Calif., July 30, 2021 (GLOBE NEWSWIRE) — Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of embedded software and products for the Internet of Things (IoT) and a portfolio company of Qualcomm Technologies, today announced the postponement of the annual general meeting of shareholders scheduled for August 2, 2021, since legal quorum requirements as set forth in the meeting’s convening notice were not met.
The Company has announced that the postponed annual general meeting of shareholders will convene on August 6, 2021 at 10:00am EDT, at the offices of Sichenzia Ross Ference LLP, 1185 Avenue of the Americas, 31/F, New York, NY 10036, USA.
A quorum of one third of the ordinary shares outstanding as of the record date, present in person or by proxy, will be required to conduct the...
Unigold Announces Oversubscribed Private Placement and Increase in Offering Size of up to $3,275,005
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TORONTO, July 30, 2021 (GLOBE NEWSWIRE) — Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD, OTCQX:UGDIF, FSE:UGB1) is pleased to announce an increase in the size of its previously announced non-brokered private placement of units of the Company (“Units”). Due to oversubscribed demand, the private placement will now consist of up to 25,192,350 Units at a price of $0.13 per Unit for gross proceeds of up to $3,275,005 (the “Offering”). Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 until the date that is the earlier of: (i) two years following...
GameSquare Changes Fiscal Year-End
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TORONTO, July 30, 2021 (GLOBE NEWSWIRE) — GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (“GameSquare” or the “Company”) announces a change in its fiscal year-end from November 30 to December 31.
For details regarding the length and ending dates of the financial periods, including the comparative periods of the interim and annual financial statements to be filed for the Company’s transition year and its new financial year, reference is made to the Notice of Change in Year-End pursuant to Section 4.8 of National Instrument 51-102 – Continuous Disclosure Obligations filed by the Company under its SEDAR profile.
About GameSquare Esports Inc.
GameSquare Esports Inc. is an international gaming and esports company headquartered in Toronto, Canada. The Company is seeking to acquire additional assets and entities serving the gaming...