Month: September 2021
DAYTONA BEACH, Fla., Sept. 20, 2021 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Kevin Sypniewski, founder and president of AGIS Network, Inc., today announced that Brown & Brown has acquired substantially all of the assets of AGIS.
AGIS Network is a leading employee benefits enrollment firm with a focus on long-term care benefits options for large employer groups, governmental agencies and individual consumers across the nation. AGIS has developed technology solutions to allow individuals to review financial options for long-term care products more efficiently and complete the enrollment process. AGIS will continue to collaborate with brokers across the country and operate under the leadership of Kevin Sypniewski from offices in San Ramon, California.
Paul Rogers,...
Adagio Therapeutics Provides COVID-19 Antibody Program Updates as well as Business Highlights and Second Quarter 2021 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
New Data Supporting Potential of ADG20 for Both the Treatment and Prevention of COVID-19 to be Presented at IDWeek 2021
Patient Population in Global EVADE Phase 2/3 Clinical Trial of ADG20 Expanded following IDMC Assessment
$355.8 Million IPO Completed to Fund Continued Advancement of Portfolio of Antibody-based Solutions for Infectious Diseases with Pandemic Potential
WALTHAM, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) — Adagio Therapeutics, Inc., (Nasdaq: ADGI) a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, today reported updates on its lead COVID-19 antibody program, ADG20, as well as recent business highlights and second quarter 2021 financial results.
“Across the globe, COVID-19 continues to be...
Moxian Appoints a New CEO
Written by Customer Service on . Posted in Public Companies.
HONG KONG, Sept. 20, 2021 (GLOBE NEWSWIRE) — Moxian (BVI) Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing services provider, is pleased to announce today that it has appointed Mr. Conglin (Forrest) Deng as its Chief Executive Officer of the Company, with immediate effect.
Mr. Forrest Deng, who is also a director of the Company, will be responsible for identifying and managing new business opportunities for the Company as it seeks to forge a path of sustained profitability. Aged 38, Mr. Deng has served as the General Manager of Beijing Jiuteng Investment Limited since 2016, where he was responsible for managing its blockchain and bitcoin mining related investments. Prior to this engagement, he was a co-founder of a company involved in the operation of online games and games publishing.
Mr. Deng graduated...
Coda Octopus Group to Present Fireside Chat with Alliance Global Partners
Written by Customer Service on . Posted in Public Companies.
ORLANDO, FL, Sept. 20, 2021 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) a global leader in real time 3D/4D/5D and 6D underwater imaging technologies, announced today that its Management will present in a fire side chat organized by Alliance Global Partners. This event will take place via Zoom on Monday, October 4, 2021 at 10:00 a.m. Eastern Time.
The event will be broadcast live via Zoom. A registration link for the presentation will be available on the Company’s Investor Relations section of its website at www.codaoctopusgroup.com under News/Events.
About Coda Octopus Group, Inc.
The Company, founded in 1994, innovates, develops, manufactures, and markets subsea products (software and hardware) including its flagship real-time 3D, 4D,5D and 6D underwater imaging sonar technology, marketed under the name “Echoscope®”...
NILAM RESOURCES, INC PROVIDES CORPORATE AND OPERATIONAL UPDATES
Written by Customer Service on . Posted in Public Companies.
SNOHOMISH, WA , Sept. 20, 2021 (GLOBE NEWSWIRE) — Nilam Resources, Inc, (OTC PINK: NILA) $NILA gives Update on Corporate and Operational Activities and Announces Three Acquisitions.
“The Company and team have been working very diligently over the last several months to get all the filings, disclosures and corporate information updated and filed on OTC Markets as well as complete Three Major Acquisitions. We are pleased with the progress and have achieved Pink Current status and significant revenues compared to the previous fiscal quarter.” stated Kim Halvorson, CEO of Nilam Resources.
The company has been working hard with our financial team to get all the financials, disclosures, and corporate information updated and posted to OTC Markets, OTCIQ. We have satisfied all the requirements to achieve Pink Current status. The Company...
Next Hydrogen Announces Expansion into New Assembly Facility
Written by Customer Service on . Posted in Public Companies.
MISSISSAUGA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen“) (TSXV: NXH), a designer and manufacturer of hydrogen electrolyzers, is pleased to announce the opening of a new assembly facility in the Greater Toronto Area.
“We were fortunate to find such a well-suited and conveniently located space,” said Raveel Afzaal, President and CEO of Next Hydrogen. “This new facility will provide us with an initial 20MW of annual assembly capacity, which can be significantly expanded in a low-cost fashion as we continue to grow. We will be able to better serve our customers by co-locating our technical, engineering, assembly and after-service teams, and collaborating more effectively across business units.”
Located in Mississauga, Ontario, the new 27,000 square...
OraSure Receives $205 Million Procurement Contract for InteliSwab™ from the Defense Logistics Agency to Supply Over-the-Counter (OTC) Kits as Part of National Pandemic Response
Written by Customer Service on . Posted in Public Companies.
BETHLEHEM, Pa., Sept. 20, 2021 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (NASDAQ: OSUR), a global leader in point-of-care and home diagnostic testing and sample collection technologies, announced today that the Defense Logistics Agency has awarded the Company a procurement contract for its InteliSwab™ COVID-19 Rapid Test for over-the-counter use, which the Defense Logistics Agency estimated to have a value of $205 million. Under the terms of the contract, OraSure will provide its InteliSwab™ COVID-19 Rapid Test to up to 25,000 sites throughout the United States and the tests will be funded by the U.S. federal government. The contract will run from October 2021 through September 2022.
“We are exceptionally proud to work with the Defense Logistics Agency and the U.S. federal government to be part of the nation’s pandemic response....
USI Insurance Services Acquires Insurance and Capital Management
Written by Customer Service on . Posted in Mergers And Acquisitions.
New Partnership Expands USI’s Washington-based Expertise
VALHALLA, N.Y., Sept. 20, 2021 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Insurance and Capital Management LLC (“ICM”), an independent insurance brokerage operation based in Mill Creek, Washington, near Seattle, specializing in insurance and risk management for offshore fishing maritime operations. Terms of the transaction were not disclosed.
“We are extremely excited about this new partnership with USI,” stated Mike Amiss, principal, ICM. “Over many years, the ICM team has earned a strong reputation for delivering superior service and a deep understanding of the marine insurance marketplace, in particular offshore fishing operations. I am confident our...
Allied Corp. Announces Approval of Second CBD Isolate Import Permit for Australia and Submits Application for the Import of Dried Cannabis
Written by Customer Service on . Posted in Public Companies.
KELOWNA, British Columbia., Sept. 20, 2021 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce that it has received approval of a second import permit for export of CBD isolate produced at Allied’s Colombian campus that is destined for the Australian market.
In addition to this, through its Australian partner, Allied has submitted its first import permit to the Australian Department of Health for the import of dried cannabis flower. This dried flower import permit application is the first of its kind for Allied. This import application was made following the announcement made by the President of Colombia announcing the expansion of Colombia’s ability to export dried cannabis flower.
Allied’s Australian partner has been in the pharmaceutical, medical device and medical supply...
Iceland Seafood International hf: Share issuance in relation to acquisition of Ahumados Dominguez
Written by Customer Service on . Posted in Public Companies.
As announced on 16 and 17 September Iceland Seafood International has reached an agreement with the Mestanza family to acquire 85% stake in the company Ahumados Dominguez in Spain to be closed on 27 September 2021.
As further announced Iceland Seafood will finance the acquisition with a combination of debt and equity. Consequently, the board of directors of Iceland Seafood has now agreed to utilize its authorization in Paragraph 2 of Article 4 of the company’s articles of association to increase the share capital of the company by issuing 40,000,000 new shares. Investors have subscribed for all the shares at a price 17,10 per share, which is equal to highest bid on Nasdaq Iceland at end of Friday September 17th. The new shares will be paid for in cash and the consideration will be used to partly finance the acquisition of Ahumados Dominguez.
The...
