Day: September 29, 2021
GENFIT Reports First Half-Year 2021 Financial Results and Provides Corporate UpdateFinancial highlightsCash and cash equivalents totaled €104 million as of June 30, 2021 (including €11 million non-dilutive financing obtained in the first half 2021)
Net income totaled €9 million for the first half 2021, due to a one-off revenue following the successful outcome of the convertible debt restructuring in January and the OCEANEs conversions in the first quarterPositive developments with elafibranor in PBC (ELATIVETM Phase 3)Foresee completion of enrolment in first quarter 2022
Timeline for potential FDA filing now estimated in second half 2023, based on a successful Phase 3 trial outcomeNew clinical data expected in several indications, starting as early as the third quarter 2022NTZ in ACLF (Phase 1)
Elafibranor in PSC (Phase...
Landec Corporation Reports First Quarter Fiscal Year 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Quarterly net loss of $9.5 million, EBITDA of $1.1 million, and Adjusted EBITDA of $4.4 million
Reiterates Fiscal Year 2022 GuidanceSANTA MARIA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation Foods, Inc., reported results for the fiscal 2022 first quarter ended August 29, 2021. Looking forward, Landec’s strategy to continue to create shareholder value is to seek to deliver against its long-term targets, strengthen its balance sheet, drive top-line growth at Lifecore, and selectively invest in innovation and growth while implementing strategic priorities to improve operating margins at Curation Foods.
CEO COMMENTS:“We had a strong start to fiscal 2022 with a first quarter performance that...
Ascendis Pharma A/S Announces Share Repurchase Program
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COPENHAGEN, Denmark, Sept. 29, 2021 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon™ technologies to potentially create new treatments that make a meaningful difference in patients’ lives, today announced that its Board of Directors has authorized the Company to repurchase up to $25 million of the Company’s American Depositary Shares (ADS) (the Share Repurchase Program), each of which represents one ordinary share of Ascendis Pharma A/S. The program will be executed under Rules 10b-18 and 10b5-1 of the U.S. securities regulations.
For that purpose, Ascendis Pharma A/S has appointed J.P. Morgan Securities LLC as agent to execute the program independently and without influence from Ascendis Pharma A/S. The purpose of the Share Repurchase Program is to acquire...
Mountain Valley MD Holdings Provides Business Update, Results of Shareholder Meeting
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TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQX: MVMDF) (FRA: 20MP) is pleased to provide a business update on key initiatives.
ONCOLOGYAs announced on May 3, 2021, pre-clinical trials for triple-negative breast cancer, metastatic melanoma and Lewis Lung Carcinoma were conducted over the past several months. The results of the research conducted presented some noteworthy exploratory findings that have resulted in MVMD expanding its oncology work across these tumor types with further research studies being executed.
The Company is continuing to expand its relationships with experts in clinical and research focused oncology to pursue advanced understanding of Quicksol™️ technology applications across a broader array of insoluble molecules that have documented...
PUBG MOBILE MENA and Anghami Join Forces to Bring Music Rewards to Players
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PUBG MOBILE players will have the chance to redeem special music prizes and enjoy exclusive Anghami playlists from September 30th – October 7thPUBG MOBILE MENA & AnghamiPhoto 1DUBAI, United Arab Emirates, Sept. 29, 2021 (GLOBE NEWSWIRE) — Fans of the gaming phenomenon PUBG MOBILE will be able to enjoy a first-of-its-kind partnership in the MENA region with Anghami, the leading music streaming platform and digital distribution company in the Arab world, during an in-game event to be held between September 30th and October 7th, 2021.
As the pioneer of the music streaming space in the MENA region, Anghami will offer PUBG MOBILE fans playing the game redeemable codes for Anghami Plus subscriptions (Anghami’s premium paid tier) for up to one year. Similarly, audiences using the Anghami app will be able to...
Kforce Secures New Headquarters in Midtown Tampa
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The Firm signed a 10-year lease for its new hybrid headquarters
TAMPA, Fla., Sept. 29, 2021 (GLOBE NEWSWIRE) — Kforce Inc., a solutions firm that specializes in technology and other professional staffing services, announced today that they have signed a lease for its new headquarters in Midtown Tampa. Kforce is proud to have honored its commitment to stay in Tampa. The Firm will occupy the fifth floor of Midtown West, one of four office buildings planned for the 22-acre, $500 million mixed-use development. The 10-year-lease goes into effect October 2022.
Kforce, one of the largest publicly traded companies in Tampa Bay, announced the sale of its Ybor headquarters in April. Its executive leadership team immediately started searching for a state-of-the-art space that aligns with its future hybrid work environment. Kforce has operated...
Bank OZK Announces Date for Third Quarter 2021 Earnings Release and Conference Call
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LITTLE ROCK, Ark., Sept. 29, 2021 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report third quarter 2021 earnings after the market closes on Thursday, October 21, 2021. Management’s comments on the third quarter of 2021 will be released simultaneously with the earnings press release and will be available on the Bank’s investor relations website.
Management will conduct a conference call to take questions at 10:00 a.m. CT (11:00 a.m. ET) on Friday, October 22, 2021. Interested parties may listen to this call by dialing 1-844-818-5110 (U.S. and Canada) or 210-229-8841 (international) and asking for the Bank OZK conference call. A recorded playback of the call will be available for one week following the call at 1-855-859-2056 (U.S. and Canada) or 404-537-3406 (international). The passcode for this playback is...
Alaris Equity Partners Announces Timing of 2021 Q3 Financial Results, Conference Call and Webcast
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CALGARY, Alberta, Sept. 29, 2021 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2021 following the closing of regular trading on the Toronto Stock Exchange Tuesday, November 9, 2021. Alaris management will host a conference call at 9 am MDT (11am EDT) the following day, Wednesday, November 10, 2021 to discuss the financial results and outlook for the Trust.
Participants in North America can access the conference call by dialing toll free 1-866-475-5449. Alternatively, to listen to this event online, please...
Affinor Growers Announces Delay in Filing Annual Financial Statements
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VANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI OTCQB: RSSFF) announces that the filing of its audited annual financial statements for the year ended May 31, 2021, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”) were not filed by the required filing deadline of September 28, 2021 (the “Filing Deadline”). The Annual Financial Filings are late due to unforeseen delays in the completion of the Company’s audit.
The Company’s staff are working diligently with its auditors and the Company anticipates that it will be in a position to file the Annual Financial Filings within the next three weeks.
The Company has voluntarily applied to the applicable securities regulatory authorities...
CapStar Financial Holdings, Inc. Named to Piper Sandler Bank & Thrift Sm-All Stars Class of 2021
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NASHVILLE, Tenn., Sept. 29, 2021 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR), the parent company of CapStar Bank, has been named to the prestigious Piper Sandler Bank & Thrift Sm-All Stars Class of 2021.
The award recognizes CapStar as one of an elite group of only 35 small-cap banks and thrifts in the country and is presented as a testament to Company’s top performance among peer financial institutions.
To earn Sm-All Star status, companies must have a market cap below $2.5 billion and clear numerous hurdles related to profitability, credit quality, capital strength, and growth, including outperforming industry medians in return on average equity and deposit, loan, and earnings per share growth.
“To be named among only 15 first-year Piper Sandler Sm-All Star award recipients...