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Year: 2021

Sorrento Announces COVISTIX COVID-19 Virus Rapid Antigen Detection Test Detects the Omicron Variant

COVISTIX maintains its ability to detect the Omicron Variant, in addition to detecting SARS-CoV-2 and all of its major variants of concern (VoCs); COVISTIX has the potential to be a “Best-in-Class” rapid COVID-19 virus antigen detection test:Comparative studies with all available EUA-approved COVID-19 virus rapid antigen detection tests demonstrated that COVISTIX significantly outperforms in terms of limit of detection (LOD) of the N proteins and/or live viruses of SARS-CoV-2 and its major VoCs; and In a large in-field real-world clinical study for all-comers including asymptomatic patients, COVISTIX demonstrated approximately 20% higher sensitivity vs. a leading global brand (detailed results can be found at: https://www.medrxiv.org/content/10.1101/2021.09.10.21263410v1);COVISTIX is currently approved and marketed in Mexico, Brazil...

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Todos Medical Records Record Weekly COVID PCR Testing Volumes at Provista

cPass neutralizing antibody testing seeing increasing demand, questions of infection-acquired immunity, vaccine-acquired immunity and booster shot durability emergeThe Company also entered into a new laboratory services agreement with a New Jersey-based physician practice for COVID PCR testing and cPass neutralizing antibody testingNew York, NY, and Tel Aviv, ISRAEL, Dec. 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today announced that its highly automated CLIA/CAP PCR and cPass neutralizing antibody COVID-19 testing laboratory Provista Diagnostics achieved consecutive record weekly COVID PCR testing volumes for the weeks of December 13, 2021 and December 20, 2021. The COVID PCR testing volumes were primarily driven...

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Castellum Announces Signing of LOI to Acquire $4 Million Government Contractor 

Castellum Announces Signing of LOI to Acquire $4 million government contractorCastellum, Inc. (OTC: ONOV) announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue – http://castellumus.comPOTOMAC, Md., Dec. 27, 2021 (GLOBE NEWSWIRE) — Castellum, Inc. (OTC: ONOV) announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue. Subject to due diligence and the execution of a definitive purchase agreement, the Company hopes to close the acquisition in the first quarter of 2022.   “We are happy to announce our next LOI, which adds more than 25 employees and further strengthens our past performance by adding more capabilities in Information...

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Retail Opportunity Investments Corp. Issues Annual Environmental, Social & Governance Report

SAN DIEGO, Dec. 27, 2021 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report. The report is available at: https://investor.roicreit.com. HIGHLIGHTS7% reduction in same-center greenhouse gas emissions 5% reduction in same-center energy consumption Awarded 2021 Green Lease Leader (“Gold” designation) by U.S. Department of Energy Commenced comprehensive Environmental Management System program Enhanced reporting regarding key sustainability and climate-related disclosures 100% corporate participation in annual diversity, equity and inclusion training Continued employee community environmental engagement initiatives Added three new, diverse independent directors to Board of Directors Enhanced corporate governance (amended...

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Harbor Custom Development, Inc. Closes on Sale of 30 Developed lots to Modern Homestead for $6,045,000

Gig Harbor, Washington , Dec. 27, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced  that it has closed on the sale  of 30 developed lots in the Summit Rock golf course development in Horseshoe Bay Texas to Modern Homestead, LLC for $6,045,000. Following the sale, Harbor will maintain 78 developed lots in the Summit Rock development and anticipates beginning construction on multiple single-family homes in 2022. https://www.hsbresort.com/golf/summit-rock  “We continue to execute on our stated business objectives by monetizing our real estate assets early in the development cycle,” stated Sterling Griffin, President...

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Metacrine Announces Resignation of Chief Medical Officer

SAN DIEGO, Dec. 27, 2021 (GLOBE NEWSWIRE) — Metacrine, Inc. (NASDAQ:MTCR), a clinical-stage biopharmaceutical company pioneering differentiated therapies for patients with gastrointestinal and liver diseases, today announced that Hubert C. Chen, M.D., chief medical officer, has resigned to pursue a new opportunity. Dr. Chen’s resignation is effective December 31, 2021. Preston Klassen, M.D., MHS, chief executive officer, is expected to assume responsibility for Metacrine’s ongoing clinical trials and future clinical operations. “We appreciate Hubert’s significant contributions during the last three years as we moved our pipeline through several important milestones,” said Preston Klassen, M.D., MHS, CEO, Metacrine. “Hubert has established a strong team in our R&D organization that will continue to serve us well as we focus...

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FactSet to Acquire CUSIP Global Services for $1.925 Billion

Operator of Market Standard Security Identifiers for More Than 50 Years Consistent Revenue Growth and Robust Margins Highly Complementary to FactSet Expected to Be Accretive to FactSet’s Adjusted Diluted EPS and Adjusted Operating Margins in the First Year NORWALK, Conn., Dec. 27, 2021 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information and analytical applications, today announced that it has entered into a definitive agreement to acquire CUSIP Global Services (CGS) from S&P Global for $1.925 billion in cash. FactSet also expects to receive an estimated tax benefit of approximately $200 million as part of the transaction.1 The acquisition will significantly expand FactSet’s critical role in the global capital markets, advancing its open data strategy. CGS manages a database...

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CPI Aerostructures Reports First Quarter 2021 Results

First Quarter 2021 vs. First Quarter 2020 (Re-stated)Revenue of $30.8 million compared to $16.9 million. Gross profit of $4.9 million compared to $0.2 million. Gross margin of 16.0% compared to 0.9%. Net income of $1.2 million compared to net loss of $(3.4) million. Earnings per diluted share of $0.10 compared to loss per diluted share of $(0.29).EDGEWOOD, N.Y., Dec. 27, 2021 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three-month period ended March 31, 2021. Commenting on first quarter 2021 results, Douglas McCrosson, president and CEO, said, “As several newer defense programs entered the manufacturing phase and other early-stage programs ramped up production we delivered 83% higher revenue while also achieving a 1,500-basis point improvement in gross...

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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc), Completes the Acquisition of Tennessee-based Bull Head Products Incorporated

NEW YORK, NY, Dec. 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. Leading up to the completion of this acquisition, ILUS had previously completed three acquisitions in the first two quarters of 2021, and since then the company has agreed and signed pre-contract agreements for a further four acquisitions which it is in the process of completing. Of the four agreed acquisitions, ILUS has now completed the acquisition of Bull Head Products Inc and will take over the ownership and operation of the business with immediate effect.  Bull Head Products is a specialist aluminium truck bed manufacturer and vehicle converter with customers across the United States in...

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Capital Bancorp Announces Board of Director Changes

ROCKVILLE, Md., Dec. 27, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc., (NASDAQ: CBNK) (“Capital” or “Company”) the holding company of Capital Bank, N.A. (the “Bank”), continues its proud tradition of strong leadership with the announcement of new board member Jerome Bailey. Bailey is a member of the Bank’s board and managing member of Bailey Real Estate Holdings, LLC in Washington, D.C., and has been a leader in the multifamily, affordable housing industry in the D.C. area for nearly two decades. “We are pleased to have Jerome Bailey join us on the holding company board. Over the years, he has proven himself a seasoned and capable entrepreneur starting his own real estate development company while focusing on his many philanthropic initiatives to uplift the community in which he lives,”...

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