Day: July 14, 2021
Data merits further testing for pain reduction as a possible alternative to opioids
Validation of Purnovate acquisition
CHARLOTTESVILLE, Va., July 14, 2021 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on the development of treatments for addictions, today announced advancements related to its adenosine analog development platform being developed by Purnovate, Inc., a division of Adial Pharmaceuticals, Inc.
Key highlights:Compounds have been developed that are potent against specifically targeted adenosine receptors while being selective over the adenosine A1 receptor, which is known to have cardiovascular and central nervous system effects that can be problematic for many therapeutic indications. Historically, when selectivity has been achieved over the...
Jushi Holdings Inc. Issues Statement on the Cannabis Administration and Opportunity Act
Written by Customer Service on . Posted in Public Companies.
BOCA RATON, Fla., July 14, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, issued the following statement on the Cannabis Administration and Opportunity Act.
Commenting on the act, Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi said:
I commend the U.S. Senators Cory Booker, D-NJ, Ron Wyden, D-OR and Chuck Schumer, D-NY, and their colleagues and staff for taking action to address these important issues and our country’s failed “War on Drugs.”
Our current federal laws cause hard-working Americans harm every day. They are responsible for tearing families apart and preventing otherwise law-abiding citizens from maintaining steady employment and housing. The enforcement of these laws has proven to disproportionately...
Blue Biofuels Finds Additional High Value Market for its Sulfur-Free Lignin
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PALM BEACH GARDENS, FL, July 14, 2021 (GLOBE NEWSWIRE) — Alliance BioEnergy Plus, Inc., DBA Blue Biofuels (PINK: ALLM).
Alliance BioEnergy Plus, DBA Blue Biofuels, Inc. (the “Company”) is pleased to announce a new market for its production of sulfur free lignin, in addition to the bioplastics market. The Carbon Basis Company Ltd.’s (CBC) patented carbon-based ion exchange purification process plans to utilize lignin produced by the Company as a biomaterial replacement for the synthetic resins currently used in ion exchange resins production. CBC estimates a market price and intents to pay around $10 per kilogram for this high purity lignin, subject to due diligence, testing, and supply availability.
According to Marketdataforecast.com, the global market for ionic exchange resins for 2021 is estimated to be $3.4 billion and is expected...
Westwood Holdings Group, Inc. Comments on Unsolicited Proposal from Americana Partners
Written by Customer Service on . Posted in Mergers And Acquisitions.
DALLAS, July 14, 2021 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (“Westwood” or the “Company”) (NYSE: WHG) today confirmed that, since May, it has received two unsolicited proposals from Americana Partners, LLC to acquire Westwood. Americana’s last proposal, received by the Company on June 14, 2021, offered $25.00 per share in cash.
Westwood’s Board of Directors, in consultation with its legal and financial advisors and in accordance with its fiduciary duties, previously reviewed Americana’s proposal and determined unanimously that it significantly undervalues Westwood relative to the Company’s standalone plan. In reaching this determination, the Board also considered that Americana has not provided to Westwood any evidence of Americana’s ability to finance its acquisition bid.
Brian O. Casey, President and Chief Executive...
Atlantic Capital Bancshares, Inc. (ACBI) Announces 2nd Quarter 2021 Earnings Release and Conference Call
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ATLANTA, July 14, 2021 (GLOBE NEWSWIRE) — Atlantic Capital Bancshares, Inc. (Nasdaq: ACBI) announces today that it will release second quarter financial results before the stock market opens on Friday, July 23, 2021. The Company will hold a conference call on the same day, Friday, July 23, 2021 at 1:00 p.m. ET. to discuss its financial results, highlights and outlook.
For access to the call, dial 1-833-685-0902. For international participants, dial 1-412-317-5737. The call will also be webcast and can be accessed in the Investor Relations section of Atlantic Capital’s website at www.atlanticcapitalbank.com or by clicking here: https://services.choruscall.com/mediaframe/webcast.html?webcastid=3DbTaJcY
About Atlantic CapitalAtlantic Capital Bancshares, Inc. (ACBI), with assets of $3.7 billion, is a publicly-traded bank holding...
FormFactor to Announce Second Quarter 2021 Financial Results on July 28th
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LIVERMORE, Calif., July 14, 2021 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2021 fiscal second quarter on Wednesday, July 28, 2021, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor’s conference call on the Investors section of the company’s web site at www.formfactor.com. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call. The telephone replay will be available through July 30, 2021, 4:25 p.m. Pacific Time, and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering confirmation code 7497439. Additionally, the replay will be available on the Investors section of our website, www.formfactor.com.
About FormFactor:FormFactor,...
Asper bv, recognised expert in asbestos survey, joins ABO-Group Environment
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Ghent, 14 July 2021, 18:00 CEST – Press release / Regulated information
Asper bv, recognised expert in asbestos survey, joins ABO-Group EnvironmentABO NV, part of the ABO-Group Environment, acquires on July 14 2021 100% of the shares of the Flemish company Asper bv, which specialises in asbestos and soil investigation. Asper bv is based in Sint-Niklaas and was founded in 2007 by asbestos experts Raoel Peeters and Patrick Anthonis. In the meantime, the agency has founded two additional offices in Antwerp and Bruges and deals with the most complex asbestos sites in Flanders, Brussels and Wallonia.
Asper bv is a recognised expert in carrying out asbestos and soil surveys, laboratory analyses and demolition inventories. Over the years, the firm has expanded its expertise in asbestos and offers solutions from A to Z in various complex...
Teck Releases Climate Change Outlook 2021 Report
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VANCOUVER, British Columbia, July 14, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today released its third TCFD-aligned climate change report, Climate Change Outlook 2021, outlining how Teck will continue to create shareholder value by producing metals and materials that are essential for a low-carbon future while also taking steps to reduce emissions to achieve the goal of being a carbon-neutral operator by 2050.
“Teck is taking significant steps to address climate change risks because we know all sectors, including mining, need to play an active role in contributing to solving the challenge of climate change,” said Marcia Smith, Senior Vice President, Sustainability and External Affairs. “We are working to reduce the carbon footprint of our operations, while at the same time rebalancing...
TomTom to Enable Loop’s AI-Based Auto Insurance
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TomTom’s maps and traffic data will support Loop’s mission for fairer priced auto insurance ratesTomTom to Enable Loop’s AI-Based Auto InsuranceTomTom to Enable Loop’s AI-Based Auto InsuranceAMSTERDAM, The Netherlands, July 14, 2021 (GLOBE NEWSWIRE) — TomTom (TOM2), the mapmaker and location technology specialist, and Loop, the community-driven auto insurance provider, today announced a new multiyear agreement. TomTom will provide Loop with its speed profiles, traffic stats and maps to help Loop customers make safer driving choices and receive insurance rates that are based on fair, bias-free criteria.
Loop will use TomTom’s maps and traffic data to better understand driver behavior and road risk, which is the foundation of the company’s pricing model. Rather than rely on a driver’s credit and other financial...
The Hillman Group and Landcadia III Complete Business Combination, Combined Company Will Begin Trading on Nasdaq as “HLMN”
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CINCINNATI and HOUSTON, July 14, 2021 (GLOBE NEWSWIRE) — HMAN Group Holdings Inc., the parent company of The Hillman Group, Inc., a leader in the hardware and home improvement industry, and Landcadia Holdings III, Inc. (Nasdaq: LCY) (“Landcadia III”) announced today that they have completed their previously announced business combination (the “Business Combination”). The Business Combination was approved at a special meeting of Landcadia III stockholders on July 13, 2021 and the combined company changed its name to Hillman Solutions Corp. (“Hillman” or the “Company”) on July 14, 2021.
Beginning on Thursday, July 15, 2021, Hillman’s common stock and warrants will trade on Nasdaq under the ticker symbols “HLMN” and “HLMNW,” respectively. Hillman’s Chairman, Chief Executive Officer and President Doug Cahill will continue to lead the...