Year: 2021

Castellum, Inc. Announces Record Financial Results

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

Castellum, Inc. Announces Record Financial ResultsOTC:ONOV – Revenue for Q3 2021 was a record $7.38 million. Adjusted EBITDA (excluding non-cash depreciation, amortization, and stock compensation), a non-GAAP measure, despite transaction costs of over $300,000 in Q3, was still approximately positive $100,000. Cash-on-hand at quarter-end was $3.65 million, Current Assets were a record $8.25 million, and net working capital was a record $3.91 million.POTOMAC, Md., Nov. 15, 2021 (GLOBE NEWSWIRE) — Castellum, Inc. (OTC: ONOV) announces that it has achieved record financial results for its third quarter ended September 30, 2021. The Company posted its financial results at www.otcmarkets.com. Castellum’s financial picture reached new highs in the 2021 third quarter. Revenue for Q3 2021 was a record $7.38...

Canadian Banc Corp. 60% Increase to Monthly Dividend for Class A Share

Written by Customer Service on November 15, 2021. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Canadian Banc Corp. (“the Company”) is pleased to announce a change in the distribution policy to the Class A shares (TSX: BK) that will result in an immediate increase of over 60% to the monthly dividend from the previous month (was $0.10125 per share). The new distribution policy will target to pay at an annual rate of 15%. The dividend increase reflects the strong growth of the portfolio, expected dividend increases stemming from OSFI reinstatement pronouncement, and strong option income on the underlying bank portfolio. The net asset value of the Company has made significant gains over the past year and as of November 12, 2021, the Class A share had an intrinsic value of $14.44. Under the amended distribution policy, the monthly dividend payable on the Class A shares will be determined...

Kala Pharmaceuticals Reports Third Quarter 2021 Financial Results and Provides Corporate Update

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

— Achieved $3.1 Million in Net Revenue in 3Q 2021 —— EYSUVIS® Prescriptions Increased by 19% Compared to 2Q 2021— Expanding Clinical-Stage Pipeline Through Acquisition of Combangio —— Conference Call and Webcast at 10:30 a.m. ET — WATERTOWN, Mass., Nov. 15, 2021 (GLOBE NEWSWIRE) — Kala Pharmaceuticals, Inc. (NASDAQ:KALA), a commercial-stage biopharmaceutical company focused on the discovery, development and commercialization of innovative therapies for diseases of the eye, today reported financial results for the third quarter ended September 30, 2021 and provided a corporate update. “We have made progress toward our goal of providing patients and physicians with a portfolio of innovative medicines and product candidates that can better treat diseases of the front and back of the eye,”...

Quantum FinTech Acquisition Corporation Announces Co-Placement Agents for PIPE Associated with Proposed Initial Business Combination

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Tampa, Florida, Nov. 15, 2021 (GLOBE NEWSWIRE) — Quantum FinTech Acquisition Corporation (NYSE: QFTA) today announced that its advisors in connection with the PIPE to close at or about the time of its proposed initial business combination include Piper Sandler & Co., as financial advisor to Quantum FinTech, Chardan as M&A advisor to Quantum FinTech, Piper Sandler as lead placement agent, and Chardan and Marco Polo Securities Inc. as co-placement agents. About Quantum Fintech Quantum FinTech Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, that was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses,...

Kala Pharmaceuticals Acquires Combangio, Expanding its Pipeline with a Clinical-Stage Novel Biologic for the Treatment of Persistent Corneal Epithelial Defect (PCED) and other Rare Ocular Surface Diseases

Written by Customer Service on November 15, 2021. Posted in Mergers And Acquisitions.

— KPI-012 is a novel secretome with a multifactorial mechanism of action for development in PCED and other orphan ocular surface diseases driven by impaired corneal healing —— KPI-012 demonstrated positive safety and efficacy results in PCED Phase 1b clinical trial —— Kala expects to initiate Phase 2/3 trial in 3Q 2022 —–Mark S. Blumenkranz, M.D., Professor Emeritus in the Department of Ophthalmology at Stanford University, appointed to Kala’s Board of Directors —— Management to host conference call at 10:30 a.m. ET today — WATERTOWN, Mass., Nov. 15, 2021 (GLOBE NEWSWIRE) — Kala Pharmaceuticals, Inc. (NASDAQ:KALA), a commercial-stage biopharmaceutical company focused on the discovery, development and commercialization of innovative therapies for diseases of the eye, today...

ElectraMeccanica to Showcase Lineup of SOLO EVs at Los Angeles Auto Show, A Premier National Auto Show

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Company To Deliver Additional Flagship SOLO EVs to Early Reservation Holders and Fleet Customers at Event ElectraMeccanica eRoadster Nominated as Finalist for Zero-Emission Vehicle Award (ZEVAS™) VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced the Company will showcase its vehicles at the Los Angeles Auto Show® (“LA Auto Show”) taking place November 17-28, 2021 at the Los Angeles Convention Center. The ElectraMeccanica booth will be located near the West Hall Main Entrance. The Company will display multiple versions of its flagship, single-seat SOLO EV. In addition, ElectraMeccanica will offer free, scheduled test drives to consumers and the...

MJ Beverages Co. LLC ‘Mari y Juana™’ Mexican Soft Drink-inspired Beverages to be Manufactured at Tinley’s Long Beach Facility

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Mari y Juana™Four ‘Mari y JuanaTM’ Mexican soft drink-inspired beverages are planned for production at Tinley’s Long Beach facility. (Concept artwork only.)TORONTO and LOS ANGELES, Nov. 15, 2021 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“Tinley’s” or the “Company”) is delighted to announce that MJ Beverages Co. LLC’s (“MJ”) ‘Mari y Juana™’ soft drink-style beverages will be produced as four cannabis-infused varieties at Tinley’s bottling facility in Long Beach, California, and distributed by Hardcar Distribution. MJ Beverage Co.’s ‘Mari y Juana™’ beverages will contain 10 mg of THC along with a blend of flavourful ingredients in each 12 fl. oz. carbonated single-serve bottle. The product line will debut with four flavours inspired by popular Mexican soft drinks that resonate with...

AMIH Announces Launch of Ambassador Program for its EPIQ MD Telehealth Platform

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Introduces organic distribution strategy – combining community, entrepreneurship, and technology Plano, Texas, Nov. 15, 2021 (GLOBE NEWSWIRE) — American International Holdings Corp. (OTCQB: AMIH), a diversified holding company that develops, acquires and operates technology-based health and wellness companies, today announced that its subsidiary EPIQ MD has launched its much-anticipated Ambassador Program. This groundbreaking initiative will combine community, entrepreneurship, and technology to bring healthcare solutions to the near 80 million uninsured and underinsured, hardworking U.S. residents who have been left behind by ever-increasing insurance and medical costs. With the introduction of Epiq MD’s Ambassador Program, AMIH believes they have set up the perfect mix of direct sales and organic community involvement,...

HEC Paris in Qatar Unveils ARHT Hologram System – New technology for innovative instruction is demonstrated

Written by Customer Service on November 15, 2021. Posted in Public Companies.

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT Media“) [TSXV:ART], the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, announces that HEC Paris in Qatar officially opened its new building in Msheireb Downtown District of Doha, it organized a live panel discussion that featured cutting edge hologram technology. The panel, which addressed the topic of Corporate Innovation, included three locally-based panelists and one panelist participating live from the HEC Paris campus in France. This was the first use of the newly installed equipment from ARHT Media, which creates a direct link between the campuses of HEC Paris in France and Qatar. Moderated by HEC Paris Professor Anne-Valery Corboz, panelists included Guillaume Lafage, Managing...

Mullen Automotive Announces It Now Owns Tunica, Mississippi, EV Assembly Plant Free and Clear

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Important milestone in the company as the hiring ramp-up begins for skill trades and support staffMullen Closes Purchase of Tunica MS Assembly PlantMullen now owns Tunica Plant free and clear.BREA, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, is pleased to announce today that the company closed purchase of the Tunica, Mississippi, Advanced Manufacturing and Engineering Center (AMEC) without any debt and will begin ramp-up of hiring for the initial set of skilled trades and support staff. AMEC is in Robinsonville, Mississippi, which is located in Tunica County, and approximately 40 miles south of Memphis, Tennessee. Mullen’s previously announced plans on Nov. 5 to build out another...

Year: 2021

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals