Day: February 11, 2022

MISSISSAUGA, Ontario, Feb. 11, 2022 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) announces that its Board of Directors has approved the adoption of an Advance Notice By-law (the “By-law”) for the purposes of: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting process; (ii) ensuring that all shareholders of the Company receive adequate notice of nominations for the Board of Directors of the Company and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The By-law establishes a framework for providing advance notice to BioSyent in circumstances where nominations of persons for election to the Board of Directors are...

Investigator-sponsored studies show UB-612 induces high antibody activity against multiple variants, including Alpha, Beta, Delta, Gamma and Omicron, at levels similar to or higher than approved vaccinesUB-612 elicits >3 times higher titers of neutralizing antibodies against Omicron variant than reported by an approved mRNA vaccineDALLAS, Feb. 11, 2022 (GLOBE NEWSWIRE) — Vaxxinity, Inc. (Nasdaq: VAXX), a U.S. company pioneering the development of a new class of immunotherapeutic vaccines, today announced results from studies demonstrating the ability of UB-612, its COVID-19 vaccine candidate, to elicit a broad immune response against multiple variants of concern, and specifically more than three-times higher titers of neutralizing antibodies against the Omicron variant of SARS-CoV-2 than an approved mRNA vaccine with boosters. “The...

Following these latest developments, the global investment holding company intends to support their expansion efforts through proprietary software systems by their technology division NEW YORK, Feb. 11, 2022 (GLOBE NEWSWIRE) — This week, global investment holding company Starfleet Innotech, Inc. (OTC: SFIO) announced a series of expansions across new markets for their food and beverage businesses. Through their Malaysia-based team, SFIO has launched Hungry Dudes, a mall kiosk concept for cafe fare in Kuala Lumpur, with additional sites reserved for later this year. SFIO will soon be converting these Hungry Dudes kiosks into locations for their flagship F&B business, Epiphany Cafe. Over the next two years, the company is targeting to launch at least 100 licensed outlets, establish centralized commissaries to service them, and...

Miami Beach, FL, Feb. 11, 2022 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its fourth quarter and year end 2021 financial results on Monday, February 28, 2022, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the fourth quarter and year ended December 31, 2021. To access the live webcast, log onto the Blink Charging website at www.blinkcharging.com , and click on the News/Events section of the Investor Relations page. Investors may also access the webcast via the following link: https://www.webcaster4.com/Webcast/Page/2468/44622 To participate in the call...

Belships has secured a new USD 116m loan facility. Proceeds from the facility will be used to repay all outstanding amounts under the existing credit facility with two vessels being left unencumbered. The loan has a margin of 225 basis points and a loan-to-value ratio of 55 per cent, with the first installment in 2023 and final maturity in 2027. Lenders for the new loan facility are DNB Bank and Sparebank 1 SR-Bank. The agreement is conditional upon certain steps to be completed by the parties involved. Conclusion is expected within Q1 2022. Belships has a modern fleet of 27 Supra/Ultramax vessels with an average age of 3.7 years. The daily cash breakeven in 2022 is about USD 10 000 per vessel. The current contract coverage for 2022 stands at about 65 per cent at an average rate of USD 23 000 net per day per vessel meaning that the cash...

COLDWATER, Mich., Feb. 11, 2022 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) reported net income of $11,757,000 for 2021 compared to $7,386,000 for 2020.   Diluted earnings per share were $2.58 for 2021 compared to $1.61 for 2020 after adjusting for the 100 percent stock dividend issued in May 2021. Fourth quarter 2021 net income was $2,522,000, or $0.56 per share, compared to $2,024,000, or $0.44 per share for the fourth quarter of 2020. Total consolidated assets at December 31, 2021 increased 16.4 percent, reaching $1.16 billion compared to $997.6 million at December 31, 2020.   Loan totals grew 16.6 percent, from December 31, 2020 levels of $635.9 million to $741.4 million. Deposits also increased to $974.4 million at December 31, 2021, an increase of $136.1 million or 16.2 percent, as compared to year...

REDWOOD CITY, Calif., Feb. 11, 2022 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS), today announced that its fourth quarter and full year 2021 financial results will be released after market close on Thursday, February 17, 2022. Starting at 5 p.m. ET, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update. After releasing fourth quarter and full year 2021 financial results, the Company will post them on the Coherus website at https://investors.coherus.com. Conference Call InformationWhen: Thursday, Feb. 17, 2022, starting at 5 p.m. ETDial-in: (844) 452-6826 (Toll-Free U.S. and Canada) or (765) 507-2587 (International)Conference ID: 3677018 Webcast: https://investors.coherus.com/upcoming-events Please dial-in 15 minutes early to...