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Day: January 3, 2022

BioElectronics Corporation Announces Major Lenders Forgoing Interest for a 3rd Consecutive Year; New Research Projects Underway

FREDERICK, MD, Jan. 03, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — BioElectronics Corporation (OTC PINK:BIEL) is pleased to announce that the managers of the firm’s two largest lenders, Ibex LLC and St. John’s LLC, both of which are controlled by Whelan family members, have agreed to forgo interest due on their convertible debt notes for a third consecutive year, through the end of 2022. Kelly Whelan, President & CEO of BioElectronics, stated: “It is the goal of both the BioElectronics’ management team and the Whelan family to bring the Company to sustained profitability as quickly as possible, for the benefit of all shareholders. The Whelan family has collectively forfeited interest in excess of $1.5 million during 2020 and 2021 and will extend forbearance of interest through at least 2022.”  In other news, the Company...

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Opthea Appoints Chief Commercial Officer to Lead Commercialization of OPT-302 for Wet AMD

MELBOURNE, Australia, Jan. 03, 2022 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT; Nasdaq:OPT), a clinical stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, is pleased to announce the appointment of Ms. Judith Robertson as the Company’s first Chief Commercial Officer (CCO), effective 1 January 2022. Concurrently with this appointment, Ms. Robertson has stepped down as a non-executive member of the Opthea Board of Directors, a position she has held since June 2021, to pursue the full-time executive CCO role. Opthea’s Chief Executive Officer, Dr. Megan Baldwin, commented “I am delighted to welcome Ms. Robertson to the executive management team to lead both the U.S. and global commercialization activities for OPT-302. Ms. Robertson’s appointment reflects her deep commitment...

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ESCALADE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE THE ASSETS OF THE BRUNSWICK BILLIARDS® BUSINESS FROM LIFE FITNESS, LLC

EVANSVILLE, Ind., Jan. 03, 2022 (GLOBE NEWSWIRE) — Escalade, Inc. (NASDAQ: ESCA), a leader in sporting goods and indoor/outdoor recreation equipment, today announced the signing of a definitive agreement to purchase the assets of the Brunswick Billiards® business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP. Brunswick Billiards is the largest and oldest provider of billiards tables, game tables, and game room furniture in the United States. Having participated in the billiards market since 1977, Escalade recognizes the enduring strength of the Brunswick Billiards legacy and its lasting connection with generations of consumers who cherish the brand. The acquisition of Brunswick Billiards presents a significant opportunity to expand Escalade’s reach into the billiards and indoor recreation markets. Brunswick...

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Jiayin Group Inc. Announces Sales of Certain Equity Interest in Shanghai Bweenet Network Technology Co., Ltd.

SHANGHAI, China, Jan. 03, 2022 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that the Company has determined to sell 95% equity interest of Shanghai Bweenet Network Technology Co., Ltd. (“Shanghai Bweenet”), a limited liability company incorporated in the PRC. On December 29, 2021, Shanghai Jiayin Finance Technology Co., Ltd. (“Jiayin Finance”), a wholly consolidated variable interest entity of the Company, entered into a share acquisition framework agreement with Shenzhen Rongxinbao Non-Financial Guarantee Co., Ltd. (“Shenzhen Rongxinbao”), an independent third-party guarantee company, pursuant to which, Jiayin Finance agreed to transfer 95% equity interest of Shanghai Bweenet to Shenzhen Rongxinbao for an aggregate consideration of RMB93.3...

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Sanoma sells its printing facility in Varkaus to Keskisuomalainen

Sanoma Corporation, Press Release, 3 January 2022 at 12:45 EET Sanoma sells its printing facility in Varkaus to Keskisuomalainen Sanoma Media Finland Oy has sold its newspaper printing facility Savon Paino, located in Varkaus, Finland, to media company Keskisuomalainen. 36 employees of Savon Paino were transferred to Keskisuomalainen with the divestment. Printing of certain Sanoma’s products, regional editions of Helsingin Sanomat and Ilta-Sanomat as well as the weekly product HS Viikko, will continue at Savon Paino with long-term contracts. “Printed newspaper continues to have a big role in media consumption: in the everyday life of our readers and as an advertising platform. The printed newspaper is a quality product and something we are proud of. With this transaction we can ensure efficient production of printed newspapers well into...

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Nexstim Has Closed the Strategic Investment into a Management Services Organisation of a California Based Clinic Providing Treatments for Depression Patient

Company Announcement, Helsinki, January 3, 2022 at 12:30 PM (EET) Nexstim Has Closed the Strategic Investment into a Management Services Organisation of a California Based Clinic Providing Treatments for Depression Patients Nexstim Plc’s (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) US subsidiary Nexstim, Inc. has closed the transaction, first announced on November 22, 2021, regarding a strategic alliance with and a minority ownership in PNC Management Services, LLC. Nexstim, Inc. funded the transaction from cash on hand. The transaction price was approximately EUR 0.5 million. Further information is available on the website www.nexstim.com, or by contacting: Mikko Karvinen, CEO+358 50 326 4101mikko.karvinen@nexstim.com Erik Penser Bank AB (certified adviser)+46 8 463 83 00certifiedadviser@penser.se About Nexstim...

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Festi hf.: Buy-back programme week 52

In week 52 Festi purchased in total 270,000 own shares for total amount of 61,425,000 ISK as follows:Week Date Time Purchased shares Price Purchase price Total shares bought52 28.12.2021 15:15:53 135.000 228,000 30.780.000 1.247.00052 29.12.2021 12:29:04 135.000 227,000 30.645.000 1.382.000      270.000   61.425.000 1.382.000Before the purchase Festi held 6,000,000 own shares or 1.85% of issued shares. Festi has now bought in total 1,382,000 own shares for 308,253,000 ISK and holds today 7,382,000 own shares or 2.28% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 14 December 2021 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.55% of the issued shares, with the cap of 1,200 million ISK purchase price. The...

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Publication of Financial Reports in 2022

AS Harju Elekter wishes to the shareholders Happy New Year and informs that in the year 2022, the consolidated financial results of AS Harju Elekter will be published as following: 2021 Q4 results 23 February 2022 2022 Q1 results 27 April 2022 2022 Q2 results 27 July 2022 2022 Q3 results 26 October 2022 The Annual General Meeting will be held on 28 April 2022. After their release through the stock exchange information system all Harju Elekter’s announcements are also available on company’s internet homepage at www.harjuelekter.com. Tiit Atso Chairman of the Board +372 674 7400 Prepared by: Marit Tack Corporate communications manager +372 53408444marit.tack@harjuelekter.com

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BlueCity Holdings Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company

BEIJING, Jan. 03, 2022 (GLOBE NEWSWIRE) — BlueCity Holdings Limited ( “BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal Letter”), dated January 2, 2022, from Mr. Baoli Ma, founder, chairman of the Board and chief executive officer of the Company (the “Founder”), and Spriver Tech Limited (together with the Founder, the “Buyer Group”), to acquire all of the outstanding ordinary shares of the Company (the “Ordinary Shares”), including the Class A ordinary shares represented by the American Depositary Shares of the Company (the “ADSs”, each two representing one Class A ordinary share) that are not already beneficially owned by the Buyer Group for a proposed purchase price of US$3.70...

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Share buy-back programme – week 52

Nasdaq CopenhagenLondon Stock ExchangeEuronext DublinOther stakeholders Date        03.01.2022 Share buy-back programme – week 52 The share buy-back programme runs from and including 1 October 2021 up to and including 25 January 2022. During this period Ringkjøbing Landbobank will buy-back shares to a maximum market value of DKK 30 million under a share buy-back programme, see company announcement of 15 September 2021. The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation. The following transactions have been made under the share buy-back programme:Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)Total in accordance...

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