Day: November 3, 2021

Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference

Written by Customer Service on November 3, 2021. Posted in Public Companies.

Nyxoah Announces Participation in the Stifel 2021 Virtual Healthcare Conference Mont-Saint-Guibert, Belgium. – November 3, 2021, 10:30 pm CET / 4:30 pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that Olivier Taelman, Chief Executive Officer, will participate at the Stifel 2021 Virtual Healthcare Conference on Monday, November 15, 2021, with a virtual fireside chat at 4:00 pm CET/10:00 am ET. A live webcast and replay of the fireside chat will be available on the Company’s investors relations website at https://investors.nyxoah.com/ About NyxoahNyxoah is a medical technology company focused on the development and commercialization of innovative...

Parex Announces 2022 Budget Guidance and Provides Update to its Return of Capital Strategy

Written by Customer Service on November 3, 2021. Posted in Public Companies.

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), is a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Parex is pleased to announce its 2022 budget guidance and provide an update to its framework for returning capital to shareholders. Imad Mohsen, President and CEO of Parex commented: “One of the elements that attracted me most to join Parex in early 2021 was the depth and quality of the Company’s development, appraisal, and exploration portfolio in Colombia. We are excited to move forward with a plan that materially expands the boundaries of our current development properties while also unlocking substantial new opportunities...

Finnovate Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering

Written by Customer Service on November 3, 2021. Posted in Public Companies.

New York, Nov. 03, 2021 (GLOBE NEWSWIRE) — Finnovate Acquisition Corp. (Nasdaq: FNVTU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more operating businesses, today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $150,000,000. The Company’s units will be listed on the Nasdaq Global Market under the symbol “FNVTU” and are expected to begin trading on November 4, 2021. Each unit issued in the offering consists of one share of the Company’s Class A common stock and three-quarters of one redeemable warrant. Each whole warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate...

Parex Announces Q3 2021 Results: Significant Free Cash Flow and Special Cash Dividend of CAD$0.25/share

Written by Customer Service on November 3, 2021. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended September 30, 2021 (“Third Quarter” or “Q3”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Key HighlightsParex’ board of directors (“Board”) approves a dividend for the fourth quarter of 2021 in the amount of CAD$0.125 per common share, to be payable on December 31, 2021 to shareholders of record as of December 15, 2021. The Board also approves a special cash dividend in the amount of CAD$0.25 per common share, to be payable on November 22, 2021 to shareholders of...

Firm Capital Property Trust Announces the Acquisition of a Multi-Residential Building Comprised of 135 Units for $55.0 Million

Written by Customer Service on November 3, 2021. Posted in Mergers And Acquisitions.

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a multi-residential building consisting of 135 units located in Pointe Claire, Quebec on the Island of Montreal (the “Property”). The acquisition price for the Property is approximately $55.0 million (excluding transaction costs). Completed in 2021, the condo quality nine floor building contains 11 one-bedroom units, 114 two-bedroom units and 10 three-bedroom units, as well as a roof top terrace, indoor pool and exercise room. The Property is a Class A asset located within the Pointe Claire City Centre neighbourhood which features access to public transit, several schools, medical clinics, gyms, daycares and a variety of popular amenities. The Property will...

iBio Acquires FastPharming Manufacturing Facility®

Written by Customer Service on November 3, 2021. Posted in Mergers And Acquisitions.

– Takes Sole Ownership of CDMO Subsidiary & U.S. Manufacturing Rights – – Reduces Carrying Costs by Approximately 67% – BRYAN, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a developer of next-generation biopharmaceuticals and pioneer of the sustainable, plant-based FastPharming System, today announced it has purchased the manufacturing facility it previously operated under a lease from two affiliates of Eastern Capital Limited (the “Eastern Affiliates”). The Company also acquired the approximate 30% equity interest in iBio CDMO, LLC. (the “CDMO”) held by the Eastern Affiliates. As a result, the subsidiary and its intellectual property are now wholly-owned by iBio. “We are very pleased to now have full control of our facility, as well as the CDMO entity...

Qorvo® Acquires United Silicon Carbide (UnitedSiC), a Leading Provider of Silicon Carbide Power Semiconductors

Written by Customer Service on November 3, 2021. Posted in Mergers And Acquisitions.

GREENSBORO, N.C., Nov. 03, 2021 (GLOBE NEWSWIRE) — Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, announced today that it has acquired Princeton, New Jersey-based United Silicon Carbide (UnitedSiC), a leading manufacturer of silicon carbide (SiC) power semiconductors. The acquisition of United Silicon Carbide expands Qorvo’s reach into the fast-growing markets for electric vehicles (EVs), industrial power, circuit protection, renewables and data center power. United Silicon Carbide will become part of Qorvo’s Infrastructure & Defense Products (IDP) business and will be led by Dr. Chris Dries, who was formerly United Silicon Carbide’s president and CEO and is now general manager of Qorvo’s Power Device Solutions. Philip Chesley, president of Qorvo IDP, said, “The addition of United...

Huntington Ingalls Industries Increases Quarterly Dividend to $1.18 per Share

Written by Customer Service on November 3, 2021. Posted in Dividend Reports And Estimates.

NEWPORT NEWS, Va., Nov. 03, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, a $0.04 increase over the $1.14 per share dividend paid in each of the prior four quarters. The $1.18 per share dividend will be payable on Dec. 10, 2021, to shareholders of record as of the close of business on Nov. 26, 2021. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides mission-critical national...

Freeline Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on November 3, 2021. Posted in Public Companies.

LONDON, Nov. 03, 2021 (GLOBE NEWSWIRE) — Freeline Therapeutics Holdings plc (Nasdaq: FRLN) (the “Company” or “Freeline”), a clinical-stage biotechnology company developing transformative AAV-mediated gene therapies for patients suffering from inherited systemic debilitating diseases, today announced that on October 29, 2021, the Company granted three new employees non-statutory options to purchase an aggregate of 69,800 of the Company’s ordinary shares and 4,250 restricted share units (“RSUs”), each representing the right to receive one of the Company’s ordinary shares upon vesting. The awards were granted as an inducement material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) and were approved by an independent subcommittee of the remuneration committee of Freeline’s...

CUMULUS MEDIA Reports Operating Results for the Third Quarter 2021

Written by Customer Service on November 3, 2021. Posted in Public Companies.

ATLANTA, Nov. 03, 2021 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “CUMULUS MEDIA,” “we,” “us,” or “our”) today announced operating results for the nine months ended September 30, 2021. Mary G. Berner, President and Chief Executive Officer of CUMULUS MEDIA, said, “Our third quarter results exceeded expectations across the board, despite the ongoing impacts of COVID-19. This performance is yet another strong example of the continuing success of our evolution from a one-dimensional radio company to a multi-dimensional, audio-first media company. We see significant and continued upside potential and multiple drivers of shareholder value, which include additional radio market recovery, several fast-growing digital business lines, attractive free cash flow conversion, a strong balance sheet...

Day: November 3, 2021

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