Month: February 2022

Noront Announces Mailing of Materials for Special Meeting of Shareholders and Interim Order for Plan of Arrangement With Wyloo Metals

Written by Customer Service on February 16, 2022. Posted in Public Companies.

TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company“) (TSXV:NOT) is pleased to announce the mailing of its management information circular (the “Circular“) and related form of proxy, letter of transmittal and retention election form (collectively, the “Meeting Materials“) to the shareholders of Noront (the “Shareholders“) in connection with the Special Meeting (as defined below). The Meeting Materials are being mailed to Shareholders of record as of January 31, 2022 in connection with the special meeting of Shareholders scheduled to be held on March 15, 2022 (the “Special Meeting“) to consider and, if deemed advisable, approve, among other things, the proposed plan of arrangement (the “Arrangement“) involving...

IMAC Holdings, Inc. Announces Completion of Second Cohort of its Phase 1 Clinical Study of Umbilical Cord-Derived Mesenchymal Stem Cells for the Treatment of Bradykinesia Due to Parkinson’s Disease

Written by Customer Service on February 16, 2022. Posted in Public Companies.

BRENTWOOD, Tenn., Feb. 16, 2022 (GLOBE NEWSWIRE) — IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or “the Company”), today announces it has completed the second cohort of its Phase 1 clinical trial for its investigational compound utilizing umbilical cord-derived allogenic mesenchymal stem cells for the treatment of bradykinesia due to Parkinson’s disease. The second cohort consists of five patients with bradykinesia due to Parkinson’s disease receiving an intravenous infusion of a medium concentration stem cell treatment. The cohort was completed on Tuesday, February 15, 2022. In accordance with the trial protocol, the Company will wait at least 30 days to demonstrate safety of the medium concentration dose before initiating the third and final cohort in which five patients will receive a high concentration intravenous dose of stem...

Risk Strategies Acquires Joyce Insurance Group

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

Brings specialty capabilities in municipalities, schools and public-works projects BOSTON, Feb. 16, 2022 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired the retail brokerage operations and assets of Joyce Insurance Group, including Joyce Jackman Bell, and Joyce Haggerty Bell. Terms of the deal were not announced. Founded in 1955 by Joseph Joyce Sr. and headquartered in Pittston, Pennsylvania, Joyce Insurance Group has grown by combining specialized expertise, a collaborative approach to new business generation, high-touch client service, and targeted acquisitions to gain new capabilities. Its industry specialties include municipalities, schools, excavators, transit authority, and public works-related firms. “We saw in the Joyce Insurance...

Deveron Announces Upsize and Pricing of Overnight Marketed Public Offering

Written by Customer Service on February 16, 2022. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Deveron Corp. (“Deveron” or the “Company”) (TSXV:FARM), a leading agriculture digital services and insights provider in North America, is pleased to announce that, due to strong investor demand, it has upsized its previously announced overnight marketed public offering (the “Offering”) of units (the “Units”) of the Company from $8 million to approximately $10 million. The Offering will be conducted by Raymond James Ltd. (“RJL”) as sole agent and sole bookrunner. The Company has granted to RJL an option to sell up to an number of additional Units, Common Shares or Warrants, or any combination thereof as is equal to 15% of the aggregate number of Units purchased in the Offering to cover over-allotments, if any, and...

Adial Pharmaceuticals Announces Closing of $10 Million Financing

Written by Customer Service on February 16, 2022. Posted in Public Companies.

CHARLOTTESVILLE, Va., Feb. 16, 2022 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the closing of its previously announced registered direct offering, whereby a single accredited institutional investor purchased approximately $10 million of the Company’s common stock and pre-funded warrants, as well as warrants to purchase common stock in a concurrent private placement. The combined effective purchase price for one share of common stock (or pre-funded warrant in lieu thereof) and a warrant to purchase 0.95 shares of common stock was $2.40. Under the terms of the securities purchase agreement, Adial sold 2,322,250 shares of...

PURA Positions Farmersville Hemp As A Global Brand Targeting $18 Billion Market

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Dallas, Texas, Feb. 16, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today emphasized that the company’s new Farmersville Hemp brand is a global brand. PURA management pointed out that the U.S. today is only a small fraction of the global hemp market currently dominated by the Asia Pacific region. Last year, PURA launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp. Today, PURA management points out that its co-op participants reach substantially includes global targets. The industrial hemp industry, to include the portion of CBD exclusively...

Rose Thompson Named Recipient of the 2022 St. Louis Titan 100

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

ST. LOUIS, Feb. 16, 2022 (GLOBE NEWSWIRE) — Saint Louis, MO, February 2022 – ButcherJoseph & Co. (“ButcherJoseph” or “the Firm”) is pleased to announce that Rose Thompson, Chief Operating Officer (COO) at ButcherJoseph was named as a 2022 Titan 100. The Titan 100 program recognizes St. Louis’ Top 100 CEO’s & C-level executives. They are the area’s most accomplished business leaders in their industry using criteria that includes demonstrating exceptional leadership, vision, and passion. Collectively the 2022 Titan 100 and their companies employ more than 38,000 individuals and generate over $15.7 billion dollars in annual revenues. “The Titan 100 are shaping the future of St. Louis’ business community by building a distinguished reputation that is unrivaled and preeminent in their field. We proudly recognize the...

Patriot Reports Fourth Quarter 2021 Net Income of $1.9 Million and full year Net Income of $5.1 Million; continued growth in loans and deposits

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

STAMFORD, Conn., Feb. 16, 2022 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced net income of $1.9 million, or $0.48 basic and diluted earnings per share for the quarter ended December 31, 2021, compared to a net loss of $1.4 million, or $0.35 basic and diluted loss per share reported in the fourth quarter of 2020. For the year ended December 31, 2021, net income was $5.1 million, or $1.29 per fully diluted share, compared to a net loss of $3.8 million, or $0.97 fully diluted loss per share for the year ended December 31, 2020. During the year ended December 31, 2021, the Bank recognized payroll tax credits of $2.9 million, under the Employee Retention Credit program of the Coronavirus Aid, Relief, and...

Old National and First Midwest Complete Merger of Equals

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

EVANSVILLE, Ind. and CHICAGO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) jointly announced today they have completed their all-stock merger of equals, announced on June 1, 2021. The combined company creates the sixth largest commercial bank headquartered in the Midwest based on assets, with more than $46 billion of combined assets, $34 billion of assets under management, strong commercial banking capabilities, a robust retail footprint and a significant wealth platform. “The completion of this partnership marks an historic milestone for both Old National and First Midwest,” said Jim Ryan, CEO of Old National. “We are excited to bring the promise of our two companies together and leverage our talent, expertise and increased scale and market...

Global Healthcare Data Leader H1 Acquires Faculty Opinions Making the Opinions of Top Scientists on the Latest Scientific Research More Broadly Accessible

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

H1 expands Global Doctor Network to include Nobel Laureates and commits to increasing scientific discourse among healthcare professionals NEW YORK, Feb. 16, 2022 (GLOBE NEWSWIRE) — H1, which provides the largest global healthcare professional data ecosystem to enable life sciences, academic medical institutions, health systems, and payors, announced today that it has acquired London-based Faculty Opinions Ltd, formerly known as Faculty of 1000 and F1000 Prime. A close partner of H1, Faculty Opinions fuses the comments and opinions of thousands of top researchers in the Life and Medical Sciences to highlight and validate the most exciting and important research in biology and medicine that is emerging today. Users across Life Sciences, Academic Medical Institutions, Research organizations and more access these insights to drive...

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Month: February 2022

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