Day: January 24, 2022

Salona Global Medical Device Corporation Announces The Execution of a Non-Binding Agreement to Acquire a Distribution Company Serving the Mid-West United States; Releases Updated Investor Presentation

Written by Customer Service on January 24, 2022. Posted in Mergers And Acquisitions.

SAN DIEGO, Jan. 24, 2022 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona Global” or the ‎‎“Company”) (TSXV:SGMD), ‎an acquisition-oriented medical device company serving the global injury and surgery recovery (known as recovery science) market, announced today it has executed a non-binding agreement dated December 10, 2021 (the “Agreement”) to acquire a medical device sales and marketing business (“Acquisition Target”) serving the mid-west United States. Additionally, the Company published an updated investor presentation. According to due diligence, the Target has unaudited annual revenues of approximately US$3.8M with 27% gross margins. Under the terms of the Agreement, Salona Global would issue 1,000,000 shares on closing, 125,000 shares per quarter for eight quarters, and issue two shares for each additional...

Ocugen Inc. Announces Nirdosh Jagota, Ph.D. as Senior Vice President, Regulatory Affairs, Compliance & Safety

Written by Customer Service on January 24, 2022. Posted in Public Companies.

Nirdosh Jagota, PhD joins Ocugen, Inc.Ocugen, Inc. is pleased to welcome Nirdosh Jagota, PhD, Senior Vice President, Regulatory Affairs, Compliance & Safety. He brings 30 years of experience in leading roles in drug development and regulatory sciences for vaccines, biologics and small molecules.MALVERN, Pa., Jan. 24, 2022 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to save lives from COVID-19, today announced the appointment of Nirdosh Jagota, Ph.D., as Senior Vice President (SVP), Regulatory Affairs, compliance and safety. He’ll be responsible for ensuring the global strategy, development and execution of regulatory activities for the company’s pipeline,...

Gilat and Intelsat Expand Their Strategic Partnership in Commercial Aviation

Written by Customer Service on January 24, 2022. Posted in Public Companies.

Gilat technology for in-flight connectivity will empower expansion of in-flight service in Asia and meet the post-COVID demand for commercial and business aviation services PETAH TIKVA, Israel, Jan. 24, 2022 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company is expanding its strategic partnership in commercial aviation with Intelsat, operator of the world’s largest integrated satellite and terrestrial network headquartered in McLean, Virginia. To enable the expansion of commercial and business aviation services in Asia, Intelsat will be using Gilat’s SkyEdge II-c system, which, in addition to providing in-flight connectivity, is designed to deliver fixed and mobility services for maritime and...

Enerflex Ltd. and Exterran Corporation to Combine, Creating a Premier Integrated Global Provider of Energy Infrastructure

Written by Customer Service on January 24, 2022. Posted in Mergers And Acquisitions.

CALGARY, Alberta and HOUSTON, Jan. 24, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (“Enerflex” or the “Company”) (TSX: EFX) and Exterran Corporation (“Exterran”) (NYSE:EXTN) today announced a business combination (the “Transaction”) to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex’s ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation. The companies will combine in an all-share transaction pursuant to which Enerflex will acquire all of the outstanding common stock of Exterran on the basis of 1.021...

Diversey Strengthens Presence in Europe with Accretive Acquisition of Shorrock Trichem

Written by Customer Service on January 24, 2022. Posted in Mergers And Acquisitions.

Acquisition Highlights:Strengthens leading market position in the UK. Expands portfolio of products and services, including innovative sustainability solutions. Enhances Diversey’s sales and service capabilities through Shorrock’s experienced employees and distribution infrastructure, allowing for improved customer service. Extends strategy to acquire great businesses that enhance strategic capabilities and strengthen key geographies at accretive purchase multiples.FORT MILL, S.C., Jan. 24, 2022 (GLOBE NEWSWIRE) — Diversey Holdings, Ltd. (NASDAQ: DSEY), a leading provider of hygiene, infection prevention and cleaning solutions, today announced it has completed the acquisition of Shorrock Trichem, a distributor of cleaning and hygiene solutions and services based in Northwest England with annual revenues of more than $30 million. “This...

Hudson Capital and Freight App, Inc. Take Steps to Prepare for Anticipated Merger

Written by Customer Service on January 24, 2022. Posted in Mergers And Acquisitions.

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) moves forward in its process to merge with Freight App, Inc. (Fr8App). “We continue to be very excited to merge with Fr8App,” stated Warren Wang, Chairman and CEO of Hudson Capital. “As a leader in logistics technology, Fr8App continues to launch new solutions, add shipper relationships, increase its carrier base, and improve its financial performance. By providing compelling solutions to carrier and shipper partners with a focus on US-Mexico cross-border shipping, Fr8App is positioned to capture increasing share of its large market opportunity.” CEO of Fr8App Javier Selgas said, “In 2021, we reported record levels of revenue, loads carried, average miles, shipper and carrier count. We are working diligently with Hudson to close the merger...

Enerflex Ltd. and Exterran Corporation to Combine, Creating a Premier Integrated Global Provider of Energy Infrastructure

Written by Customer Service on January 24, 2022. Posted in Mergers And Acquisitions.

CALGARY, Alberta and HOUSTON, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (“Enerflex” or the “Company”) (TSX: EFX) and Exterran Corporation (“Exterran”) (NYSE:EXTN) today announced a business combination (the “Transaction”) to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex’s ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation. The companies will combine in an all-share transaction pursuant to which Enerflex will acquire all of the outstanding common stock of Exterran on the basis...

Immuneering Announces Participation in Upcoming Investor Conferences

Written by Customer Service on January 24, 2022. Posted in Public Companies.

Highlighting proprietary pipeline of oncology drug candidates that spare healthy normal cells by modulating signaling dynamics to focus therapeutic efficacy against tumor cells CAMBRIDGE, Mass., Jan. 24, 2022 (GLOBE NEWSWIRE) — Immuneering Corporation (Nasdaq: IMRX), a biopharmaceutical company advancing a robust pipeline of oncology and neuroscience product candidates that are designed to uniquely disrupt cellular signaling dynamics, today announced that Ben Zeskind, Ph.D., Co-Founder, President and Chief Executive Officer of Immuneering, Biren Amin, MBA, Chief Financial Officer and Brett Hall, Ph.D., Chief Scientific Officer, will participate in upcoming investor conferences to share commentary with investors around the Company’s pipeline, platform and business strategy. Immuneering will present virtually at the following conferences: B....

ESE Entertainment to Enter Metaverse with New Business Division

Written by Customer Service on January 24, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — ESE Entertainment Inc. (“ESE” or the “Company”) (TSXV: ESE) (OTCQB: ENTEF) is pleased to announce that it has started a new division of its business focused on expanding its existing business products and services to the metaverse. The metaverse is commonly defined as a network of 3D virtual worlds focused on social connection. The metaverse more specifically describes the Web3 based applications and worlds that are built on the blockchain. ESE Entertainment has identified two primary metaverses that it will seek to build business products and services for: Decentraland and The Sandbox. In addition, there are multiple Play-To-Earn video games that ESE is evaluating. To-date, ESE has focused on providing a range of services to leading video game developers, publishers,...

Stantec to Release Fourth Quarter and Full-Year 2021 Results on February 23, 2022 and Host Conference Call on February 24, 2022

Written by Customer Service on January 24, 2022. Posted in Public Companies.

EDMONTON, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — TSX,NYSE: STN Stantec will release its fourth quarter and full-year 2021 financial results after markets close on Wednesday, February 23, 2022. On Thursday, February 24, 2022, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, President and Chief Executive Officer, and Theresa Jang, Executive Vice President and Chief Financial Officer, will hold a conference call to discuss the Company’s performance. The webcast and slide presentation can be accessed at the following link: https://edge.media-server.com/mmc/p/ss8xmh3q The conference call and slideshow presentation will be broadcast live and archived in their entirety in the Investors section of stantec.com. Participants wishing to listen to the call via telephone may dial in toll-free at 1-888-394-8218 (Canada and...

Day: January 24, 2022

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