Month: September 2021
67% of Parent Companies Experience a Cyberattack due to a Subsidiary. Is M&A onboarding risk?
PALO ALTO, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) — CyCognito, the leader in external attack surface management and attack surface protection, today announced the results from a new study that found most enterprises are overconfident and lack the proper visibility to manage subsidiary risk. The study, commissioned by CyCognito and conducted by Osterman Research, surveyed enterprises with more than $1 billion in annual revenue and an average of more than 19 subsidiaries.
M&A has become a standard path to rapid growth for many organizations. The global law firm White & Case reported that US M&A deal value reached a record high of US$1.27 trillion in the first half of 2021, a 324 percent increase vs. H1 2020. “Parent...
BC’s Jima Cannabis rolls into Ontario, acquiring High Tea brand and stores
Written by Customer Service on . Posted in Mergers And Acquisitions.
New industry brand reveals national retail network plans and franchise model
VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) — Jima Cannabis (“Jima”), a BC-based, recreational cannabis retail brand with one store in Abbotsford, B.C., and four more opening soon in the province, has made a big splash by acquiring Ontario-based retailer, High Tea Cannabis Co. (“High Tea”). With AGCO approval of the deal through parent company T-CANN Retail Ltd., Jima is now a multi-location, national cannabis brand with a rapid expansion plan and a dynamic franchise and affiliate model.
As part of the agreement, Jima will welcome the Ontario High Tea stores located in Brampton, Scarborough, St. Thomas, York West and Windsor to the Jima family network. The stores will remain operational with no store level administration changes. As part...
Horizon Bancorp, Inc. Increases Quarterly Dividend by 15.4% to $0.15 per Share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
MICHIGAN CITY, Ind., Sept. 22, 2021 (GLOBE NEWSWIRE) — Horizon Bancorp, Inc. (NASDAQ GS: HBNC) announced that its Board of Directors approved a 15.4% increase in its quarterly cash dividend from $0.13 to $0.15 per share.
Horizon’s quarterly dividend will next be payable on October 22, 2021 to common stockholders of record as of October 8, 2021.
“This will be the company’s second dividend increase of 2021 and its ninth over the last 10 years, reflecting the strength and profitability of our business, and further enhancing what we believe is the compelling value proposition presented by Horizon’s recent share price,” Chairman and CEO Craig M. Dwight said. “Horizon’s balance sheet, efficient operations, asset quality and commercial and consumer relationships have allowed us to continue generating meaningful retained earnings, building...
Workhorse Group Provides Update on Review of Operating and Commercialization Plans
Written by Customer Service on . Posted in Public Companies.
Remains on Track to Provide Long Term Strategic Roadmap on Q3 Earnings Call
CINCINNATI, Sept. 22, 2021 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today provided an update to its ongoing review of the Company’s business and go-forward operating and commercial plans to transition from an advanced technology start-up to an efficient manufacturing company.
The Company has identified a number of enhancements in the production process and design of the C-1000 to address customer feedback, primarily related to vehicle dynamics to increase the vehicles’ payload capacity. As Workhorse has identified these enhancements and continued its review and...
CEO Doubles Down Purchasing Large Block of Restricted Common Stock, Debt, and Preferred Stock in Private Transaction Aimed to Strengthen the Capital Structure
Written by Customer Service on . Posted in Public Companies.
Powder Springs, GA, Sept. 22, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — CBMJ CEO Mark Schaftlein, through his company Capital Consulting Inc., has purchased an additional 31M shares of Restricted Common Stock, $30,000 of Convertible Debt with a current balance of $57,775 in a Private Purchase transaction, and 25% interest in Preferred Stock.
With the addition of the 31M shares, Capital Consulting Inc. now owns a total of 60,913,500 restricted Common Shares, which represents 17% of the total Issued and Outstanding Common shares. This more than doubles the shares controlled by the Company’s CEO.
“Closing this transaction further solidifies continued commitment my fellow Directors and I have to building shareholder value for the long term. Coupled with the recent warrant exercise by Capital Consulting Inc., and an investment...
Healthy Extracts Begins New Clinical Trial to Investigate Ability of UBN RELIEF™ to Naturally Alleviate Migraine Symptoms and Improve Cognitive Function
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UBN RELIEF™UBN RELIEF™ is clinically proven to provide some relief from symptoms often related to migraine headaches.LAS VEGAS, Sept. 22, 2021 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, has begun a new double-blind placebo-controlled clinical trial designed to further investigate the ability of UBN RELIEF™ to naturally prevent or alleviate symptoms associated with migraines while improving cognitive function.
Neil Wolkodoff, PhD, medical program director of the Colorado Center for Health and Sports Science, will administer the trial, which is anticipated to be completed in November.
“We believe our clinical research differentiates our products in the marketplace and assures our customers they are buying a product...
SCYNEXIS Announces U.S. Availability of BREXAFEMME® (ibrexafungerp tablets), the First New Antifungal Class of Therapy Approved by the U.S. FDA for Vaginal Yeast Infections in More Than 20 Years
Written by Customer Service on . Posted in Public Companies.
BREXAFEMME® (ibrexafungerp tablets)Product Image #1BREXAFEMME® (ibrexafungerp tablets)Package Image #2BREXAFEMME® (ibrexafungerp tablets)Product LogoSCYNEXIS LogoSCYNEXIS Company LogoFirst and only oral non-azole treatment option approved for vaginal yeast infections is now available in pharmacies including cloud-based pharmacy
New treatment is fungicidal against Candida species, disrupting the fungal cell wall and killing the fungi causing the infection, rather than only inhibiting its growthJERSEY CITY, N.J., Sept. 22, 2021 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant fungal infections, today announced the U.S. availability of BREXAFEMME®...
Checkpoint Therapeutics to Participate in the 2021 Cantor Virtual Global Healthcare Conference
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WALTHAM, Mass., Sept. 22, 2021 (GLOBE NEWSWIRE) — Checkpoint Therapeutics, Inc. (“Checkpoint”) (NASDAQ: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced that James Oliviero, President and Chief Executive Officer, will participate in a fireside chat hosted by Jennifer Kim, Vice President, Equity Research, at the 2021 Cantor Virtual Global Healthcare Conference, taking place on Monday, September 27, 2021, at 9:20 a.m. ET. Checkpoint management will also participate in one-on-one meetings during the conference. A live webcast of the fireside chat will be available on the Events page, located within the Investors section of Checkpoint’s website, https://ir.checkpointtx.com/event-calendar/default.aspx, for approximately 30 days following the meeting.
About Checkpoint TherapeuticsCheckpoint Therapeutics,...
Dominion Water Reserves Esker Development
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MONTREAL, Sept. 22, 2021 (GLOBE NEWSWIRE) — Dominion Water Reserves Corp. (“DWR” or the “Company”) (CSE: DWR), is pleased to announce an investment of $250,000 toward the development of its esker water reserve. As part of its growth strategy and to accelerate its development, DWR will upgrade its installations to facilitate access to bulk transport markets. DWR’s 204 – acre water reserve in the Outaouais region has an authorized annual extraction volume of nearly 1 billion litres, making it the second esker with bottling permit in Quebec with 9.5% of the volume of Quebec’s collection authorizations. Considering the high quality and available volume of this esker water, DWR is currently in discussion with potential partners, specializing...
PDS Biotechnology to Present at the Cantor Fitzgerald Virtual Global Healthcare Conference
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FLORHAM PARK, N.J., Sept. 22, 2021 (GLOBE NEWSWIRE) — PDS Biotechnology Corporation (Nasdaq: PDSB), a clinical-stage immunotherapy company developing novel cancer therapies based on the Company’s proprietary Versamune® T-cell activating technology, today announced that its management will present at the Cantor Fitzgerald Virtual Global Healthcare Conference.
The presentation will provide an update on the three ongoing PDS0101 Phase 2 clinical trials. The talk will also provide updates on progression of two other investigational pipeline products PDS0102 (Versamune®-TARP) and PDS0103 (Versamune®-MUC1) into human clinical trials. The conference is taking place virtually from September 27 – 30, 2021. Details for the presentation are as follows:
Cantor Fitzgerald Virtual Global Healthcare Conference:Date: Tuesday, September...
