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Day: July 1, 2021

Volatus Aerospace Corp.and Partner Jet Corp. Announce Closing of Upsized and Oversubscribed Subscription Receipt Private Placement for Gross Proceeds of Approximately C$9.2 million and Execution of Definitive Agreement for Reverse Takeover

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Volatus Aerospace Corp. (“Volatus“) and Partner Jet Corp. (“Partner Jet”) (TSXV:PJT) are pleased to announce that Volatus has closed its previously announced private placement (the “Offering”) of subscription receipts (each, a “Subscription Receipt” and collectively, the “Subscription Receipts“). The Offering was oversubscribed and upsized from C$7.5 million to approximately C$9.2 million due to demand. Upon closing of the Offering, 14,051,932 Subscription Receipts were issued at a price of $0.65 per Subscription Receipt (the “Issue Price”) for aggregate gross proceeds...

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Mesoblast Provides Update on Program for Chronic Low Back Pain Due to Degenerative Disc Disease

NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today provided an update on the strategy for bringing rexlemestrocel-L to patients in the United States (US) with chronic low back pain (CLBP) due to degenerative disc disease (DDD) refractory to available therapies, including opioids. Excessive use of opioids in this patient population continues to be a major focus for US healthcare policymakers, regulatory authorities, patients and physicians, with more than 50% of US opioid prescriptions being for the treatment of CLBP.1,6,7 Mesoblast has filed a request and expects to hold a Type C meeting with the US Food & Drug Administration (FDA) during the current quarter to discuss the pathway to US regulatory approval for...

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