Iovance Biotherapeutics Reports Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

Written by Customer Service on November 19, 2021. Posted in Public Companies.

SAN CARLOS, Calif., Nov. 19, 2021 (GLOBE NEWSWIRE) — Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), a late-stage biotechnology company developing novel T cell-based cancer immunotherapies, today announced that on November 18, 2021 (the “Date of Grant”), the Company approved the grant of inducement stock options covering an aggregate of 168,575 shares of Iovance’s common stock to seven new non-executive employees. The awards were granted under Iovance’s 2021 Inducement Plan, which was adopted on September 22, 2021 and provides for the granting of equity awards to new employees of Iovance by the Company’s compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4). Each of the stock options granted as referenced in this press release has an exercise price of $19.05, the closing price of Iovance’s common stock on the Date...

Partners Value Investments Inc. Announces Q3 2021 Interim Results

Written by Customer Service on November 19, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended September 30, 2021. All amounts are stated in US dollars. The Company recorded Adjusted Earnings of $22.7 million for the quarter ended September 30, 2021 compared to $0.1 million in the prior year quarter. Adjusted Earnings is defined as net income attributable to the Company, excluding the impact of remeasurement gains and losses on our retractable shares and warrant liability, and is used to assess the ongoing performance of our underlying operations. Adjusted Earnings is higher in the current quarter due to foreign currency gain of $13 million compared to a loss of $15 million in the prior year quarter, partially offset by increase in financing costs and taxes...

Partners Value Investments L.P. Announces 2021 Third Quarter Results

Written by Customer Service on November 19, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended September 30, 2021. All amounts are stated in US dollars. The Partnership recorded an increase in net book value during the period of $3.78 to $80.41 per unit ($7.1 billion). The increase is primarily due to an increase in the quoted market price of Brookfield Asset Management common shares. The Partnership recorded net income for the quarter of $9.7 million, an increase of $8 million from $1.7 million in the prior year quarter. The increase in income from the prior year quarter was a result of foreign exchange gains recorded in the period. The market price of a Brookfield share was $53.51 per share at September 30, 2021 compared to $41.27 at December...

Acer Therapeutics Reports Q3 2021 Financial Results and Provides Corporate Update

Written by Customer Service on November 19, 2021. Posted in Public Companies.

NEWTON, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) — Acer Therapeutics Inc. (Nasdaq: ACER), a pharmaceutical company focused on the acquisition, development and commercialization of therapies for serious rare and life-threatening diseases with significant unmet medical needs, today reported financial results for the third quarter ended September 30, 2021 and provided an update on Acer’s recent corporate developments. “This quarter was all about preparing regulatory filings to advance our pipeline products,” said Chris Schelling, CEO and Founder of Acer. “For ACER-001, we successfully submitted a 505(b)(2) NDA in August and received FDA’s acceptance for filing and substantive review of our NDA in October, setting up a PDUFA target action date in June 2022. For ACER-801 and EDSIVO™, our team has been working diligently to prepare INDs,...

PacBio Grants Equity Incentive Award to New Employee

Written by Customer Service on November 19, 2021. Posted in Public Companies.

MENLO PARK, Calif., Nov. 19, 2021 (GLOBE NEWSWIRE) — PacBio (NASDAQ: PACB), a leading provider of high-quality, highly accurate sequencing platforms, today announced that the Compensation Committee of the Company’s Board of Directors granted non-qualified stock options covering an aggregate of 80,000 shares of PacBio common stock, and restricted stock units (“RSUs”) covering 40,000 shares of PacBio common stock, to a recently hired employee under the Pacific Biosciences 2020 Inducement Equity Incentive Plan (the “2020 Inducement Plan”) effective on November 15, 2021. The 2020 Inducement Plan is used exclusively to grant equity awards to individuals who were not previously an employee or non-employee director of PacBio as an inducement material to such individual’s entering into employment with PacBio in accordance with Nasdaq Marketplace...

Sono Motors Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on November 19, 2021. Posted in Public Companies.

MUNICH, Germany, Nov. 19, 2021 (GLOBE NEWSWIRE) — Sono Group N.V. (NASDAQ: SEV) (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) announced today the closing of its initial public offering of an aggregate of 11,500,000 common shares at a price to the public of $15.00 per share, including the full exercise by the underwriters of their option to purchase up to 1,500,000 additional common shares. The net proceeds from the offering to the Company, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were approximately $156.1 million. The common shares began trading on the Nasdaq Global Market under the symbol “SEV” on November 17, 2021. Berenberg acted as sole global coordinator for the proposed offering. Craig-Hallum acted as co-manager for...

IHT RECEIVES NOTICE FROM NYSE AMERICAN; IHT OPERATIONS CONTINUE TO SURGE WITH CLEAN ENERGY PROTOTYPE APPROACHING

Written by Customer Service on November 19, 2021. Posted in Public Companies.

Phoenix, AZ, Nov. 19, 2021 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) received a letter from NYSE American on November 15, 2021, informing the Trust that the staff of the NYSE American Corporate Regulation Department had determined that the Trust was not in compliance with Part 10 of Section 1003(a)(ii) and (iii) of the NYSE American Company Guide due to the Trust having stockholders’ equity of less than $4.0 million, and $6.0 million, respectively, and losses from continuing operations and/or net losses in its five most recent fiscal years ended January 31, 2021. The Trust is also not eligible for any exemption in Section 1003(a) of the Company Guide from the stockholder’s equity requirements. The Trust experienced losses related to the Covid-19 pandemic over eighteen months as well as recognizing non-cash...

Arctic Glacier Income Fund Announces Court Order to Terminate CCAA Proceedings Following Satisfaction of Court’s Conditions

Written by Customer Service on November 19, 2021. Posted in Public Companies.

WINNIPEG, Manitoba, Nov. 19, 2021 (GLOBE NEWSWIRE) — Arctic Glacier Income Fund (CSE:AG.UN) (the “Fund”) announces that the Manitoba Court of Queen’s Bench has issued an order terminating the Companies’ Creditors Arrangement Act (“CCAA”) proceedings affecting the Fund and its subsidiaries upon the satisfaction of certain conditions, including, but not limited to, receipt of three clearance certificates from the applicable taxation authorities and final distribution of the net cash assets of the Fund. As previously disclosed, it is the current intention of the trustees of the Fund to wind-up and dissolve the Fund upon the satisfaction of these conditions. The Fund’s court-appointed monitor, Alvarez & Marsal Canada Inc., will, following satisfaction of these conditions, file a Case Completion Certificate and be discharged from...

Amerant Completes Clean-Up Merger that Simplifies its Capital Structure

Written by Customer Service on November 19, 2021. Posted in Mergers And Acquisitions.

CORAL GABLES, Fla., Nov. 19, 2021 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB) (the “Company” or “Amerant”) announced today that on November 18, 2021 it completed a clean-up merger resulting in the simplification of its capital structure by automatically converting shares of the Company’s Class B common stock into the Company’s shares of Class A common stock. November 17, 2021 was the last day of trading of the Company’s shares of Class B common stock on the NASDAQ and now only the Company’s shares of Class A common stock trade on the NASDAQ under the symbol “AMTB”. Shareholders that hold fractional shares after the clean-up merger will receive an amount of cash, in lieu of any fractional shares, equal to the total fractional amount multiplied by $30.10, the closing price of a share of Class A Common Stock on the Nasdaq...

Rogers donates $1 million to B.C. Search and Rescue Association (BCSARA) to support British Columbia communities in need

Written by Customer Service on November 19, 2021. Posted in Public Companies.

Rogers customers can text-to-donate to support Canadian Red Cross relief efforts in B.C. Company waiving domestic data overages and long-distance fees for impacted customers VANCOUVER, British Columbia, Nov. 19, 2021 (GLOBE NEWSWIRE) — In response to devastating floods and the state of emergency declared in British Columbia, Rogers Communications today announced it is donating $1 million to B.C. Search and Rescue Association (BCSARA) through a new multi-year partnership. The donation will provide immediate and long-term support to critical search and rescue services in B.C. It will also support the organization’s legacy fund and new technology and specialized equipment for the 79 local teams and 3,000 professional volunteers, all of whom have been called upon to conduct air, swift water, and marine rescues in multiple communities,...

Day: November 19, 2021

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