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Year: 2021

Sompo International Insurance appoints Eric J. Knox as Country Manager, Germany and strengthens Professional Lines underwriting team with the addition of Susanne Adam

PEMBROKE, Bermuda, Nov. 24, 2021 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd., a global Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today the appointment of Eric J. Kox as Country Manager, Germany for its insurance operations in the country. Julian James, CEO International Insurance said: “The expansion of our specialty offering in Europe, and particularly Germany, is an important strategic part of Sompo International’s plan for growth. Drawing on our strengths from around the world I believe we have a lot to offer clients and brokers here – financial strength, expertise in underwriting, a healthy risk appetite and a long-term partner approach.” Thomas Brazil, CEO for Sompo International’s European entity said: “Sompo International has had a presence in Germany for over...

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CURATIVE BIOTECHNOLOGY ANNOUNCES OCULAR TOLERANCE EVALUATION OF METFORMIN EYE DROP FORMULATIONS FOR TREATMENT OF MACULAR DEGENERATION

Company’s First In-license Pipeline Product to Enter Pre-clinical Studies Boca Raton, FL, Nov. 24, 2021 (GLOBE NEWSWIRE) — Curative Biotechnology, Inc. (OTC: CUBT) (“Curative Biotech” or the “Company”), a development-stage biomedical company focused on novel treatments for rare diseases and conditions, announced today the company has advanced into ocular tolerance evaluation of various metformin eye drop formulations.  As a significant step towards moving into human clinical trials, the current studies focus on tolerability and pharmacokinetics which will assess the ocular tissue distribution after topical ocular delivery of metformin. These studies will aid in optimization of the formulation and build evidence to ensure adequate exposure and safety via topical ocular delivery, which will support the company to move into Good Laboratory...

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Mortgage Rates Hold Steady Heading into the Thanksgiving Holiday

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of November 24, 2021.MCLEAN, Va., Nov. 24, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.10 percent, unchanged from last week. “Despite the noise around the economy, inflation, and monetary policy, mortgage rate volatility has been low,” said Sam Khater, Freddie Mac’s Chief Economist. “For most of 2021, mortgage rates have stayed within half a percentage point, which is a smaller range than in past years.” News Facts30-year fixed-rate mortgage averaged 3.10 percent with an average 0.7 point for the week ending November 24, 2021, unchanged from last week. A year ago at this time, the 30-year FRM averaged 2.72...

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Allied Corp Signs Yearly Supply Contract With Veterans for Healing Using the Allied Inside™ Business Model With Colombian Produced Cannabis Flower

KELOWNA, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce the signing of a supply contract (the “contract”) for the 2022 calendar year and beyond. Allied will be only exporting cannabis flower after the Colombian government allows it and will provide supply only to countries where it is legal to sell into (for example, the United States only allows for THC levels to be less than 0.3%). On November 18th 2021, a contract was signed between Allied and a globally focused veterans innovative healing organization called Veterans For Healing(“VFH”) for a volume of 4000 kilograms per month of Colombian produced 20%+ high-CBD percentage flower. 2000 kilograms monthly is destined for the United States and 2000 kilograms monthly is destined for the...

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Life On Earth, Inc. Completes Conversion of $2.23 Million of Debt Into Equity, Improving the Company’s Balance Sheet

The Company Moves Forward With CareClix Acquisition New York, Nov. 24, 2021 (GLOBE NEWSWIRE) — Life on Earth Inc, (OTC Pink: LFER) (“LFER” or “The Company”), a software and technology company, announced today that it has converted over $2.23 million of its debt into equity, eliminating the potential future convertibility of debt which has been settled over the past two quarters to date. The Company’s investors, collectively over the past two fiscal quarters to date, have already settled their convertible debt totaling over $2.23 million dollars, including principal and accrued interest, into LFER common and preferred shares at fixed prices. Mr. Mahmood Khan, LFER’s CEO added, “Since the first day I came on board, I have been working with the Company’s previous management and its debt holders to make arrangements to alleviate the...

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SharpLink Gaming CEO, Rob Phythian, to Serve as Panelist at SBC Summit North American Conference at the Meadowlands on December 1, 2021

MINNEAPOLIS, Nov. 24, 2021 (GLOBE NEWSWIRE) — SharpLink Gaming Ltd. (Nasdaq:SBET) (“SharpLink” or the “Company”), a pioneer of game-changing technological solutions and experienced-based services for the U.S. online sports betting industry, today announced that SharpLink CEO Rob Phythian will join other leading industry experts and influencers on a featured panel at the SBC Summit North America 2021 to be held next week at the Meadowlands Exposition Center in New Jersey. The SBC Summit North America conference and expo will bring together all the major players in the fast-growing North American sports betting and igaming industry for two days of high level discussions, business meetings and networking. The conference features senior executives from leading operators, regulators and sports organizations, who will share their insights...

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Equity Consortium Led by Nordic Capital and Including Insight Partners Completes Acquisition of Inovalon

Partnership to Advance Inovalon’s Mission of Empowering Data-Driven Healthcare BOWIE, Md., Nov. 24, 2021 (GLOBE NEWSWIRE) — Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced the completion of its acquisition by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital, and Inovalon founder and chief executive officer Keith Dunleavy, M.D. and certain Class B stockholders of Inovalon. The acquisition was previously announced on August 19, 2021, and was approved by Inovalon’s stockholders on November 16, 2021. In accordance with the terms of the agreement, Inovalon stockholders will receive $41.00 in cash for each share of Class A Common Stock and Class B Common Stock. As a result of the transaction, Inovalon is...

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Registration Is Now Open For The Tribe Public Webinar Event On November 30, 2021 “A Town Hall Q&A Event With Atossa Therapeutics Management Team”

Atossa’s CEO & Founder, Dr. Steven Quay, M.D., Ph.D. & Kyle Guse, GC & CFO will address a series of questions regarding Atossa’s research programs and future developments SEATTLE, Nov. 24, 2021 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical-stage biopharmaceutical company seeking to develop innovative medicines in areas of significant unmet medical need with a current focus on breast cancer and COVID-19, announces that Atossa’s CEO, Dr. Steven Quay, M.D., Ph.D., and Kyle Guse, GC & CFO will present at Tribe Public’s Webinar Presentation and Q&A Event that is scheduled to begin at 8am pacific/11am eastern on Tuesday, November 30th.  During this complimentary event, Atossa management will speak at a Q&A session focused on Atossa’s research programs and future development. To...

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Yellow Corporation to Present at Stephens and Credit Suisse Investor Conferences

OVERLAND PARK, Kan., Nov. 24, 2021 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) announced today that Darren Hawkins, Chief Executive Officer, and Dan Olivier, Chief Financial Officer, will participate in a fireside chat on Wednesday, December 1, 2021, at 2:00 p.m. ET, at the Stephens Annual Investment Conference in Nashville, Tennessee. On Friday, December 3, 2021, at 9:30 a.m. ET, Messrs. Hawkins and Olivier will participate in a fireside chat at the virtual Credit Suisse 9th Annual Industrials Conference. These events will be available on the Yellow Corporation website www.myyellow.com as a live audio webcast and as a replay for 30 days. About Yellow Corporation Yellow Corporation has one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America with local, regional, national,...

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Plug Power Selects Germany’s Port of Duisburg as Location of European Headquarters

Company Will Invest in Development of European Green Hydrogen Ecosystem LATHAM, N.Y. and DUISBURG, Germany , Nov. 24, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen market, announced its European headquarters will be located in the Port of Duisburg, North Rhine-Westphalia, Germany. With a significant presence in Europe for more than ten years, Plug Power is accelerating its investment on the continent to develop and grow the green hydrogen economy through a new European headquarters. Duisburg, the world’s largest inland port, offers the company direct maritime supply chain connections to Antwerp, Belgium and Rotterdam, Netherlands. This location will allow Plug Power to capitalize on the major assets of the Duisburg region’s industrial...

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