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Day: January 11, 2022

Vigil Neuroscience Announces Closing of Initial Public Offering

CAMBRIDGE, Mass., Jan. 11, 2022 (GLOBE NEWSWIRE) — Vigil Neuroscience, Inc. (Nasdaq: VIGL), a clinical-stage biotechnology company committed to harnessing the power of microglia for the treatment of neurodegenerative diseases, today announced the closing of its initial public offering of 7,000,000 shares of its common stock at a price to the public of $14.00 per share. The gross proceeds of the offering were $98 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, Vigil Neuroscience has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock at the initial public offering price less underwriting discounts and commissions. The shares began trading on the Nasdaq Global Select Market on January 7, 2022 under the symbol “VIGL.”...

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Freddie Mac Prices $829 Million Multifamily K-Deal, K-F128

MCLEAN, Va., Jan. 11, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $829 million in K Certificates (K-F128 Certificates) are expected to settle on or about January 20, 2022. The K-F128 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are SOFR-based. K-F128 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Discount Margin Coupon Dollar PriceAS $829.281 9.53 23 30-day SOFR avg + 23 100.000XS Non-OfferedDetailsCo-Lead Managers and Joint Bookrunners: J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC Co-Managers: CastleOak Securities, L.P., Credit...

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Peapack-Gladstone Bank Hires New SBA Team Members

BEDMINSTER, N.J., Jan. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to introduce three new members to the Bank’s SBA Lending Division, responsible for the Company’s further growth and expansion of SBA business, with a focus on providing new and existing business clients exceptional, personalized service.  The goal of the U.S. Small Business Administration (SBA) has been to support our nation’s overall economy and help individuals, start, build and grow their businesses.  Based out of Peapack-Gladstone Bank’s Princeton location, the SBA Lending Division provides qualifying small business owners custom-tailored assistance, supporting their financial needs and helping their businesses to prosper and succeed. Sanjay...

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Peapack-Gladstone Bank Hires Karen Rosner as Vice President, Assistant Brand and Marketing Director

BEDMINSTER, N.J., Jan. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Karen Rosner as Vice President, Assistant Brand and Marketing Director.  Ms. Rosner is primarily responsible for the development and promotion of the Peapack-Gladstone Bank and Peapack Private Wealth Management family brands, ensuring that the integrity of message and brand elements are carried across the organization, through all advertising and communications to employees, clients and the communities the Bank and its divisions and subsidiaries serve.  Additionally, she is responsible for the overall monitoring and management of the Bank’s advertising and marketing programs, social media, website design strategies...

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Proactive news headlines including Tesla, Talon Metals, Great Atlantic Resources, Trees Corporation and SPYR Technologies

New York , Jan. 11, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Tesla is so far ahead of EV competition says Morgan Stanley click here Talon Metals shares fly after landmark agreement with Tesla to supply nickel concentrate from its flagship Tamarack project in Minnesota click here Trillion Energy International says ‘trifecta of circumstances’ driving natural prices sharply higher click here ElectraMeccanica Vehicles boss eyeing ramp-up of production and sales this year as he highlights ‘transformational’ 2021 click here Great Atlantic Resources shares exploration progress at its flagship Golden Promise property in Newfoundland gold belt click here Newrange Gold discovers high-grade gold samples...

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Revolution Medicines Reports Progress Across Pipeline of Targeted Therapeutics for RAS-Addicted Cancers in Presentation at 40th Annual J.P. Morgan Healthcare Conference

RAS(ON) Inhibitor Pipeline Expands with Advancement of Two New Drug Candidates; Development-Stage Portfolio Covers RAS Drivers of Majority of RAS-Addicted Cancers First Patient Dosed in Global Phase 2 Clinical Trial Evaluating Combination of RMC-4630 and Lumakras™ (sotorasib) in Patients with Advanced Non-Small Cell Lung Cancer Preliminary Evidence of Clinical Activity of mTORC1-Selective Inhibitor, RMC-5552, Obtained in Ongoing Phase 1/1b Monotherapy Study REDWOOD CITY, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing novel targeted therapies for RAS-addicted cancers, today reported progress across its pipeline of targeted therapeutics spanning its RAS(ON) Inhibitor and RAS Companion Inhibitor portfolios. These updates were announced in a corporate...

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With landlines down, small town stayed connected with Verizon Frontline

WASHINGTON, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) — As a small, historic mining town in the Sierra Nevada mountain range, Washington sits at the base of the Yuba River in Northern California’s Nevada County. With a year-round population of fewer than 100, this remote town’s residents depend primarily on landline phone service for their communication needs. When a recent snowstorm left the town without phone service, Verizon Frontline and the Verizon Response Team were called in to help restore communications for the entire town. This assistance would prove critical as first responders and residents dealt with the aftermath of a storm that dumped four feet of snow in three days. Following a call by the Nevada County Sheriff’s Office to the Verizon Response Team hotline, Verizon Frontline technology was deployed immediately to the...

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ApartmentLove Signs Term Sheet for Debt Facility in Connection with Previously Announced Acquisition and Completes First Tranche of Debenture Offering

CALGARY, Alberta, Jan. 11, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (“ApartmentLove” or the “Company”), a leading provider of online home and apartment rental marketing services to landlords and renters in North America and elsewhere around the world, is pleased to announce that it has signed a term sheet with a New York based lender for a term debt facility of up to $10,000,000 (the “Loan Facility“) to support the Company’s acquisition of substantially all the assets of a Florida-based Internet listing company, iLS Network, previously press released by the Company on October 28, 2021 (the “Proposed Acquisition“). The completion of the Loan Facility is subject to the parties entering into applicable definitive agreements and all requisite regulatory approvals. The Company intends to complete...

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Drill Results by Starr Peak Mining Ltd.

ROUYN-NORANDA, Québec, Jan. 11, 2022 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders of the most recent drill results by Starr Peak Ltd. (STE-TSXV) on Globex’s Normetal/Normetmar Mine royalty property (NewMetal) at the town of Normetal, Quebec. Recent drilling focused at both the Upper and Deep zones returned significant results including the following: Upper Zone:Hole STE-21-73, 6.04% Zn Eq. over 5.90 m.Deep Zone:Hole STE-21-82-W1, 8.98% Zn Eq. (including 0.82% Cu) over 9.85 m. Hole STE-21-81, 5.14% Zn Eq. (including 1.28% Cu) over 7.20 m.Numerous other holes are reported...

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ALYI Accelerates EV Ecosystem Growth On Revenue And Partnership Milestones

Dallas, Texas, Jan. 11, 2022 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) today published a 2022 strategic outlook presentation from the company CEO, Dr. Randell Torno.  The presentation today is the first in a series of weekly communications Dr. Torno plans to release.  In the subsequent communications from Dr. Torno, he will drill down into each of the subjects highlighted in the presentation released here in its entirety below: ALYI’s EV Value Proposition Transitions From Concept To Tangible Reality The presentation here today is intended to serve as roadmap to understanding the primary components of ALYI’s strategic plans to expand its electric vehicle (EV) market share in 2022 and beyond. Successful startups enter new, existing or hybrid markets with a new value proposition. They then immediately begin the interactive...

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