Day: October 11, 2021
Aligos now evaluating three of its four chronic hepatitis B (CHB) portfolio drug candidates in clinical trials
SOUTH SAN FRANCISCO, Calif., Oct. 11, 2021 (GLOBE NEWSWIRE) — Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biopharmaceutical company focused on developing novel therapeutics to address unmet medical needs in viral and liver diseases, today announced that the company has started dosing in the first cohort of healthy volunteers in Study ALG-020572-401 (NCT05001022). The trial is evaluating ALG-020572, a proprietary antisense oligonucleotide (ASO) therapeutic candidate that is designed to reduce circulating HBsAg (Hepatitis B surface antigen) levels.
“This is the second drug candidate we have advanced to clinical development that targets HBsAg reductions in chronic hepatitis B patients,” said Lawrence Blatt,...
Gentex Expands Aerospace Offering With Acquisition of New Thin-Glass Laminating Technology
Written by Customer Service on . Posted in Mergers And Acquisitions.
ZEELAND, Mich., Oct. 11, 2021 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX) today announced the acquisition of a unique laminating technology that yields durable, lightweight, ultra-thin glass engineered for aircraft cabin partitions, mirrors and wood veneer applications.
Gentex is a long-time supplier of electro-optical products for the global automotive, aerospace and fire protection industries. Within aerospace, the company is best known for supplying aircraft manufacturers with electronically dimmable windows that darken on demand to cut sunlight while sill providing an exterior view.
The new laminating technology and related patents were included in Gentex’s 2020 acquisition of Air-Craftglass, a Belgium-based startup that was founded to develop glass solutions for private and commercial aircraft. The company ultimately...
ESS Inc. and ACON S2 Acquisition Corp. Announce Closing of Business Combination
Written by Customer Service on . Posted in Mergers And Acquisitions.
Creates First Publicly Traded U.S. Long-duration Storage Company
Begins Trading Today on the NYSE Under the Ticker “GWH”
WILSONVILLE, Ore. and WASHINGTON, Oct. 11, 2021 (GLOBE NEWSWIRE) — October 11, 2021 – ESS Inc. (“ESS” or the “Company”), a U.S. manufacturer of long-duration batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition Corp. (NASDAQ: STWO) (“ACON S2”), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”), resulting in ESS becoming a publicly listed company. The combined company retains the ESS Inc. name and its shares and warrants will commence trading today on the New York Stock Exchange (“NYSE”) under the new ticker symbols “GWH” and “GWH.W”, respectively.
“This...
BurgerFi to Acquire Anthony’s Coal Fired Pizza & Wings
Written by Customer Service on . Posted in Mergers And Acquisitions.
Creating Multi-Brand Platform of Premium Casual Restaurant Concepts
PALM BEACH, Fla. and FORT LAUDERDALE, Fla., Oct. 11, 2021 (GLOBE NEWSWIRE) — BurgerFi International Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” ), the owner of one of the nation’s fastest-growing premium fast-casual concepts through the BurgerFi brand, announced today that it has entered into a definitive agreement to acquire Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) from L Catterton for approximately $161.3 million, comprised of $33.6 million in common stock, $53.0 million in new junior non-convertible preferred equity and the assumption of existing debt, all subject to closing adjustments (see “Transaction Details” below). The shares of common stock issued as consideration will be determined based on the 30 day volume weighted average price of BFI common...
Cowen Research and AFS Logistics Launch Index to Track and Predict Pricing Within the Air Freight & Surface Transportation Sector
Written by Customer Service on . Posted in Public Companies.
NEW YORK and SHREVEPORT, La., Oct. 11, 2021 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”), and AFS Logistics, LLC (“AFS”), today announced the launch of the Cowen/AFS Freight Index (“Freight Index”). The Freight Index will serve to provide Cowen’s institutional clients with predictive pricing tools for multiple sectors within the freight industry, on a quarterly basis. The Freight Index will provide a performance snapshot of less-than-truckload shipping (LTL), full truckload shipping (TL), and parcel shipping (both express and ground, separately). This data will be featured in Cowen’s market-leading air freight and surface transportation equity research. Jason Seidl, Cowen’s Senior Analyst for Airfreight & Surface Transportation, is leading the initiative.
As one of the most experienced 3PLs and...
Mass Megawatts Begins Construction of Two Solar Power Systems for Solar Tracking Analysis
Written by Customer Service on . Posted in Public Companies.
WORCESTER, MA, Oct. 11, 2021 (GLOBE NEWSWIRE) — Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) has begun construction of two solar power systems to demonstrate the benefits of the company’s patent-pending, Solar Tracker technology. The two systems are being constructed at the same site in Worcester Massachusetts. They will be identical, except that one system will include the company’s Solar Tracker technology, while the other will not. The performance of these systems will be compared to demonstrate that the Solar Tracker provides a 30% improvement in power generation with less than a 10% increase in cost.
Each solar power system will contain six, 300 watt rated panels. The solar power components in each system will be identical, including their purchase date, the manufacturer, and model numbers. The units will be constructed...
1847 Holdings Announces $24.86 Million Institutional Financing, Expands Custom Cabinetry Business to $32M Revenue and $4.5M EBITDA through Two Acquisitions
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1847 Holdings expects holding company EBITDA to increase to more than $7M
Company expects latest transactions will allow it to begin regular quarterly common stock dividend payments
NEW YORK, Oct. 11, 2021 (GLOBE NEWSWIRE) — 1847 Holdings LLC (OTCQB: EFSH) ( “1847 Holdings”), a publicly traded holding company platform that combines the attractive attributes of private, lower–middle market businesses with the liquidity and transparency of a publicly traded company, today announced the closing of two acquisitions, High Mountain Door & Trim Inc. and Sierra Homes, LLC (the “Companies”), expanding 1847 Holdings’ 1847 Cabinet Inc. (“1847 Cabinet”) subsidiary’s footprint to Northern Nevada and the greater Lake Tahoe area. The addition of the Companies to 1847 Holdings’ portfolio is expected to drive holding company EBITDA to...
Offshore Support Vessel Market Rising at a CAGR of 7.9% to Reach USD 20.73 Billion by 2027
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Companies profiled in Offshore Support Vessel Market are BOURBON, Vroon, Damen Shipyards Group, “K” line (Kawasaki Kisen Kaisha, Ltd), Hornbeck Offshore, Solstad Offshore ASA, MMA Offshore Limited, Nam Cheong Offshore Pte Ltd, Maersk Supply Service and others
Pune, India, Oct. 11, 2021 (GLOBE NEWSWIRE) — The global Offshore Support Vessel market size is poised to gain traction from increasing investments in the deployment of renewable and non-renewable energy generation procedures across all regions with the seashore. Offshore Support Vessel serve various operational purposes such as construction work, or oil and gas exploration at high seas. According to a recent report by Fortune Business Insights titled, “Offshore Support Vessel (OSV) Market Size, Share and Industry Analysis By Vessel Type (Anchor Handling...
Westwood Holdings Group, Inc. to Host Third Quarter 2021 Conference Call/Webcast
Written by Customer Service on . Posted in Public Companies.
DALLAS, Oct. 11, 2021 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE:WHG) will release its third quarter 2021 earnings after the close of the New York Stock Exchange on Wednesday, October 27, 2021. Following the release, the Company will host a live audio webcast and conference call at 4:30 pm Eastern Time (3:30 pm Central Time).
To listen to the conference call, dial 877-303-6235 (U.S. and Canada) or 631-291-4837 (International). The conference call will be available for replay through November 3 by dialing 855-859-2056 (U.S. & Canada) or 404-537-3406 (international) and entering passcode 2546858. The conference call will also be available via webcast and can be accessed at Westwood’s website, westwoodgroup.com, under the Investor Relations tab.Date: October 27, 2021
Time: 4:30 PM ETListen via Internet: westwoodgroup.com/investor-relations/events-webcastsTelephone:...
Dorman Products, Inc. Announces Date to Report Third Quarter 2021 Financial Results
Written by Customer Service on . Posted in Public Companies.
COLMAR, Pa., Oct. 11, 2021 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the third quarter ended September 25, 2021 before the opening of the Nasdaq Stock Market on October 25, 2021.
About Dorman Products
At Dorman, we give repair professionals and vehicle owners greater freedom to fix cars and trucks by focusing on solutions first. For over 100 years, we have been one of the automotive aftermarket’s pioneering problem solvers, releasing tens of thousands of replacement products engineered to save time and money and increase convenience and reliability.
Founded and headquartered in the United States, we are a global organization offering more than 80,000 distinct parts, covering both light-duty and heavy-duty vehicles, from chassis...