Day: February 15, 2022
Sunrise, Florida, Feb. 15, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (“Nano Dimension” or the “Company”) (Nasdaq: NNDM), an industry-leader in Additively Manufactured Electronics (AME), Printed Electronics (PE), and Micro Additive Manufacturing (Micro-AM), announced today the appointment of Mr. Igal Rotem to the Board of Directors of the Company (the “Board”), effective immediately. Mr. Rotem will replace Dr. Eli David, who resigned from the Board, but will continue to serve as the Chief Technology Officer of the Company, leading the Company’s Artificial Intelligence, Deep Learning and Machine Learning technologies.Since 2010, Mr. Rotem has served as the Chairman and later as the Chief Executive Officer of Finaro Bank (formerly known as Credorax), a principal member of Visa and MasterCard Europe, and a licensed bank. Finaro...
Content-Rich Streaming Service Chicken Soup for the Soul to Feature Thousands of Hours of Television and Movies
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New Streaming Service to Feature Exclusive Programming from Kin Community, Reel One, Chicken Soup for the Soul Originals, and the Sonar Library
COS COB, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (“the Company”) (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that its free ad-supported Chicken Soup for the Soul streaming service AVOD will launch shortly with thousands of hours of family-friendly movies and television series including, feel-good movies, food, home and travel series, lifestyle and parenting shows. Hundreds of hours of exclusive content will be from Kin Community, Reel One, the Sonar library, and Chicken Soup for the Soul Originals. The Chicken Soup for the Soul streaming service is currently...
T2 Biosystems Announces Amendment and Extension of CRG Term Loan Agreement
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LEXINGTON, Mass., Feb. 15, 2022 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced the successful amendment and extension to its Term Loan Agreement with CRG Servicing LLC (“CRG”).
The amendment extends both the interest-only period and the maturity date by one year from December 31, 2022 to December 31, 2023. No other material amendments were made to the Term Loan Agreement.
“We continue to be excited by the potential of T2 Biosystems’ direct-from-blood diagnostic technology for the rapid detection of sepsis-causing pathogens and antibiotic resistance genes,” said Luke Düster, partner at CRG. “We are pleased to extend our partnership and financial support and we are encouraged by the Company’s progress, including the commercial growth and pipeline...
CareCloud Announces Redemption of $20 Million of its Series A Preferred Stock
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SOMERSET, N.J., Feb. 15, 2022 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP) (Nasdaq: MTBCO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that it is redeeming 800,000 shares (the “Redeemed Shares”) of its 11% Series A Cumulative Redeemable Perpetual Preferred Stock (Nasdaq: MTBCP) (the “Series A Preferred Shares”), representing approximately 15% of the approximately 5,300,000 issued and outstanding shares of Series A Preferred Stock with a total liquidation preference of $20,000,000.
“Our Series A Preferred Stock has been a great vehicle for financing growth, funding a combination of organic growth and acquisitions which enabled us to grow revenue more than six-fold over six years, from $5.6 million in Q3 2015 to $38.3...
Affinor Growers Signs Strawberry Wholesale Distribution Agreement
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VANCOUVER, British Columbia, Feb. 15, 2022 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI OTCQB: RSSFF) is pleased to announce that it has signed a non-exclusive agreement with Berrymobile Fruit Distribution Inc. (“Berrymobile”) for the distribution of Affinor’s strawberries. Berrymobile is a Vancouver-based distribution company which supports and promotes fruit farmers in British Columbia. Berrymobile partners with retailers across major grocery banners in the Lower Mainland.
Affinor’s vertical farming showcase located in Abbotsford, BC is now completely operational. The Company expects to launch its vine-ripened cultivar strawberries from Holland in selected stores in Greater Vancouver, BC. The premium, sustainable, greenhouse and soil grown strawberries will be marketed in new compostable packaging...
Data from Qualigen Therapeutics’ Lead Program QN-302 Accepted as Three Poster Presentations at AACR 2022 Conference
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Posters to be Presented During the In-Person Conference Being Held April 8-13, 2022 in New Orleans
CARLSBAD, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a biotechnology company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation, today announces that three abstracts on aspects of the Company’s recently in-licensed compound from University College -London, QN-302, have been accepted as posters to be presented at the prestigious American Association of Cancer Research (AACR) conference in April. QN-302 (previously known as SOP1812) is the Company’s genomic quadruplex (G4)-selective transcription inhibitor platform being developed as a potential treatment for pancreatic ductal adenocarcinoma (PDAC), in addition to other tumors of high...
Spanish Fund for Supporting Strategic Companies Approves €34.5 Million Financing
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LONDON, Feb. 15, 2022 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (the “Company”) is pleased to announce that Spanish Fund for supporting strategic companies, on a proposal of Sociedad Estatal de Participaciones Industriales (“SEPI”), a Spanish state-owned industrial holding company affiliated with the Ministry of Finance and Administration, has approved €34.5 million in loans to Spanish companies Grupo Ferroatlántica, S.A.U. and Grupo Ferroátlantica de Servicios, S.A.U. (together, the “Beneficiaries”), wholly owned subsidiaries of the Company. In the coming days it will be submitted to the Council of Ministers for authorisation. These loans are part of the SEPI fund intended to provide assistance to non-financial companies operating in strategically important sectors within Spain in the wake of the COVID-19 pandemic.
The...
Virtual Interactive Technologies Corp. Announces They Will be Presenting at the Upcoming MoneyShow and TradersEXPO
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Denver, Colorado, Feb. 15, 2022 (GLOBE NEWSWIRE) — Virtual Interactive Technologies Corp., (OTC: VRVR) (“VRVR” or the “Company”), a multi-platform video gaming company is pleased to announce they will be exhibiting and presenting at The MoneyShow and TradersEXPO February 24th-26th in Las Vegas, Nevada.
The MoneyShow and TradersEXPO will be held at Bally’s and Paris Resorts located at the fabled “Four Corners” intersection of the Las Vegas Strip. Virtual Interactive Technologies will be exhibiting in Booth #408 in the Interactive Exhibit Hall.
Peter Anthony “Tony” Chiodo, the Company’s VP of Business Development and Gaming Concepts along with Duane “Dog” Chapman aka Dog the Bounty Hunter a newly announced Brand Ambassador for the Company, will be presenting on Friday, February 25th, 2022, from 2:25pm-3:10pm PST.
About Virtual Interactive...
PAE Announces Closing of Merger With an Affiliate of Amentum Government Services Holdings LLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
FALLS CHURCH, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) — PAE Incorporated (“PAE”) today announced the completion of its acquisition by an affiliate of Amentum Government Services Holdings LLC for approximately $1.9 billion in cash, including the assumption of debt and certain fees (the “Merger”). The Merger was previously announced on October 25, 2021, and PAE’s stockholders approved the Merger at a special meeting of stockholders held on February 10, 2022.
PAE Interim President and CEO Charlie Peiffer spoke about the historical significance of PAE joining forces with Amentum.
“Over the past 66 years, the PAE brand has become recognized for achieving success through global mission services around the world. Thanks to our new team at Amentum, we will continue to provide world-class support to our clients with the best growth opportunities...
Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ATHENS, Greece, Feb. 15, 2022 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-month period and full year ended December 31, 2021.
Fourth Quarter 2021 Financial Highlights:Total net revenues of $38.3 million. Net income and net income attributable to common shareholders of $22.7 million or $3.14 and $3.13 earnings per share basic and diluted, respectively. Adjusted net income attributable to common shareholders1 for the period was $22.9 million or $3.18 and $3.17 per share basic and diluted, respectively.
Adjusted EBITDA1 was $26.1 million.
An average of 15.01 vessels were owned and operated during the fourth quarter of 2021 earning an average...