Day: February 14, 2022

Former Goldman Sachs Senior Investment Banker Joins the Board of SMC/Genesis Financial as Independent Director.

Written by Customer Service on February 14, 2022. Posted in Public Companies.

Charleston, SC, Feb. 14, 2022 (GLOBE NEWSWIRE) — SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. (“Genesis”) – an integrated financial technology company (“Fintech”) with a full suite of digital financial services solutions, is pleased to announce that on February 9th the company appointed Ms. Sachie McQueen to the Board of Directors. Ms. McQueen is an acknowledged senior investment banker with over 10 years of global equity sales and research experience in top investment banks such as Goldman Sachs and Credit Suisse. She has been rated Top 3 in Institutional Investors Magazine survey for five consecutive years from 2004-2009. In 2010, Ms. McQueen started working at Amazon.com INC headquarters in Seattle serving as a senior financial analyst providing...

Navios Maritime Partners L.P. Announces the Date for the Release of Fourth Quarter and Year Ended December 31, 2021 Results, Conference Call and Webcast

Written by Customer Service on February 14, 2022. Posted in Public Companies.

Conference Call & Webcast: Thursday, February 17, 2022 at 8:30 am ET MONACO, Feb. 14, 2022 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM) announced today that it will host a conference call on Thursday, February 17, 2022 at 8:30 am ET, at which time Navios Partners’ senior management will provide highlights and commentary on earnings results for the fourth quarter and year ended December 31, 2021. The Company will report results for the fourth quarter and year ended December 31, 2021, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the “Investors” section at 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Thursday, February 17, 2022 at 8:30 am...

InnovAge Announces Participation at the Upcoming 2022 Citi Virtual Healthcare Conference

Written by Customer Service on February 14, 2022. Posted in Public Companies.

DENVER, Feb. 14, 2022 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors, announced that Patrick Blair, Chief Executive Officer, and Barb Gutierrez, Chief Financial Officer, will participate in the upcoming 2022 Citi Virtual Healthcare Conference on Wednesday, February 23, 2022, including a fireside chat at 10:15 a.m. (ET). The appearance will be webcast live, and the webcast link and related presentation materials for the event will be available online at https://investor.innovage.com/investor-relations. About InnovAgeInnovAge is a market leader in managing the care of high-cost, dual-eligible seniors. Our mission is to enable seniors to age independently in their own homes for as long as possible. Our patient-centered...

Cidara Therapeutics Announces FDA Acceptance of its Investigational New Drug Application for CD388 for Universal Prevention and Treatment of Influenza

Written by Customer Service on February 14, 2022. Posted in Public Companies.

Cidara intends to initiate the Phase 1 trial in Q1 2022 Drug-Fc conjugate (DFC) CD388 leverages Cidara’s Cloudbreak® platform and has the potential to offer significant advantages over current flu vaccines in a single seasonal dose SAN DIEGO, Feb. 14, 2022 (GLOBE NEWSWIRE) — Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing long-acting therapeutics designed to improve the standard of care for patients facing serious diseases, today announced that the U.S. Food and Drug Administration (FDA) has accepted the Company’s Investigational New Drug (IND) application for its lead flu drug-Fc conjugate (DFC), CD388 – a highly potent, long-acting antiviral immunotherapy designed to deliver universal prevention and treatment of seasonal and pandemic influenza. Cidara intends to initiate a Phase 1 study in healthy...

MaxCyte to Participate in Upcoming Investor Conferences

Written by Customer Service on February 14, 2022. Posted in Public Companies.

GAITHERSBURG, Md., Feb. 14, 2022 (GLOBE NEWSWIRE) — MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT, MXCN), a leading commercial cell-engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization, today announced Company management will participate in the following virtual investor conferences:BIO CEO & Investor ConferencePresentation on Tuesday, February 15thBTIG MedTech, Digital Health, Life Science & Diagnostic Tools ConferenceFireside chat on Thursday, February 17th at 3:00 p.m. Eastern TimeCowen Annual Healthcare ConferenceFireside chat on Monday, March 7th at 9:50 a.m. Eastern TimeLive and archived webcasts of the events will be available on the “Events” section of the MaxCyte...

Anuvu Secures Major Capacity Deal with Telesat

Written by Customer Service on February 14, 2022. Posted in Mergers And Acquisitions.

New agreement provides Anuvu with 10 Gigabits of Ka-band capacity, the largest acquisition so far in Anuvu’s Bridge to LEO strategy LOS ANGELES and OTTAWA, Feb. 14, 2022 (GLOBE NEWSWIRE) — Anuvu and Telesat (NASDAQ and TSX: TSAT) have announced today the largest yet in a series of satellite capacity deals, providing Anuvu and its customers with new Ka-band connectivity over the Southeastern US, the Caribbean, the Gulf of Mexico and Central America. Under the agreement, Anuvu, the leading provider of high-speed connectivity and entertainment solutions for demanding worldwide mobility markets, will add approximately ten gigabits of Ka-band capacity from Telesat starting next month. This adds to Anuvu’s existing global multi-band capacity on 54 satellites from 11 satellite operators around the world. “This is an important step in...

Apollo Funds to Acquire Majority Stake in Novolex

Written by Customer Service on February 14, 2022. Posted in Mergers And Acquisitions.

A Leading Sustainable Packaging Provider Poised for Continued Growth NEW YORK and HARTSVILLE, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and Novolex Holdings LLC (“Novolex” or the “Company”), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire the majority of the Company from funds managed by Carlyle (NASDAQ: CG). Carlyle will retain a minority stake in the Company. Financial terms were not disclosed. Novolex provides customers with packaging innovation, choice and sustainability. The Company manufactures products made with fiber, renewable, recycled and bio-based materials...

Sysco Completes Acquisition of the Coastal Companies

Written by Customer Service on February 14, 2022. Posted in Mergers And Acquisitions.

HOUSTON, Feb. 14, 2022 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it has completed the acquisition of The Coastal Companies, a leading fresh produce distributor and value-added processer. The acquisition will operate as part of FreshPoint, Sysco’s specialty produce business, and enables FreshPoint to enhance its service to the important Mid-Atlantic region, strategically diversify its portfolio by adding retail and ready-to-eat capabilities and adds state-of-the-art facilities with capacity for growth. Founded in 1992 and based in Laurel, MD, The Coastal Companies generates annual revenue of approximately $600 million, and is comprised of three integrated businesses:Foodservice Distribution – Coastal Sunbelt Produce a leading foodservice supplier of produce,...

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Monmouth Shareholders Vote “FOR” the Transaction with Industrial Logistics Properties Trust

Written by Customer Service on February 14, 2022. Posted in Mergers And Acquisitions.

Transaction Delivers Immediate and Certain All-Cash Value to Monmouth Shareholders at a Significant Premium HOLMDEL, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have recommended that shareholders vote “FOR” the previously announced all-cash transaction with Industrial Logistics Properties Trust (Nasdaq: ILPT, “ILPT”) at the Company’s upcoming Special Meeting of Shareholders (the “Special Meeting”) scheduled for February 17, 2022. “We are pleased that both ISS and Glass Lewis support our Board’s unanimous recommendation that shareholders vote ‘FOR’ the transaction with ILPT,” said Michael Landy, President...

Permanent Magnet Market Worth USD 34.70 Billion by 2026 | Permanent Magnet Industry CAGR 8.7%

Written by Customer Service on February 14, 2022. Posted in Mergers And Acquisitions.

Key companies covered in permanent magnet market are Adams Magnetic Products, Arnold Magnetic Technologies, TDK Corporation, Tengam Engineering Inc, Alpha Magnet, Electron Energy Corporation, Ningbo Yunsheng Co., Ltd., Magnequench International, LLC, Bunting Magnetics, Daido Steel Co Ltd, etc and more players profiled. Pune, India, Feb. 14, 2022 (GLOBE NEWSWIRE) — The global permanent magnet market size is expected to reach USD 34.70 billion by 2026 attributed to their increasing use in the hybrid electric vehicle production. A permanent magnet is an object that possesses magnetic properties even in the absence of a magnetic field. They have two magnetic ends called the north pole and south pole respectively. They are used in different types of motors such as loudspeakers, various appliances, HVAC, and others. According to this...

Day: February 14, 2022

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