Month: March 2022

-Transaction Provides Immediate, Non-Dilutive Capital to Further Support Commercialization of Trudhesa™ -$100 million in gross proceeds to be funded at close, extending estimated corporate cash runway into 2024 SEATTLE, March 17, 2022 (GLOBE NEWSWIRE) — Impel NeuroPharma (NASDAQ: IMPL), a commercial-stage pharmaceutical company developing transformative therapies for people suffering from diseases with high unmet medical needs, with an initial focus on the central nervous system, today announced two separate transactions with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) totaling $100 million in gross funding. The transactions include a $50 million royalty agreement on net sales of the nasal spray, Trudhesa™, and $50 million of senior secured debt. Based on current projections, these funds provide Impel with a...

SCOTTSDALE, Ariz., March 17, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced an agreement with Digital Cash Processing to provide digital payment solutions for transactions on GunBroker.com Digital Cash Processing (“DCP”), a unit of Prior Lake, Minnesota-based Innovative Computer Professionals Inc., is a leading fintech corporation providing single source solutions for global issuing and acquiring including ATM, POS, e-commerce and crypto currency processing. Fred Wagenhals, AMMO Chairman & CEO, commented on this exciting business partnership, noting that “AMMO is taking a significant...

PLANO, Texas, March 17, 2022 (GLOBE NEWSWIRE) — Integer Holdings Corporation (NYSE:ITGR), a leading medical device outsource (MDO) manufacturer, announced today that Bill R. Sanford will be retiring as Chair of the Integer Board of Directors at the conclusion of the Company’s 2022 annual meeting of stockholders, which is scheduled to be held on May 18, 2022. Commensurate with this carefully planned transition, the Board of Directors plans to appoint current long-standing Integer Board member Pamela G. Bailey to serve as the next Chair of the Board. “On behalf of the Integer Board of Directors, I wish to thank Bill for his immense contribution and insightful leadership over the past 22 years serving on the Integer Board, including his 14 years as Board Chair,” said Joe Dziedzic, Integer’s President and CEO. “Bill has positioned...

PLAINVIEW, N.Y., March 17, 2022 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today announced that a world-leading semiconductor manufacturer has ordered multiple Veeco WaferStorm® Wet Processing Systems for advanced packaging applications. The systems were chosen due to the low cost of ownership advantage and process performance compared to other platforms. The customer also operates Veeco’s LSA201 Laser Spike Annealing System for their front-end-of-line processes and AP300 Lithography Systems for advanced packaging. “We are proud to have been selected by yet another world-leading semiconductor manufacturer for our wet processing technology,” commented Adrian Devasahayam, Ph.D., Senior Vice President, Product Line Management. “The WaferStorm platform consistently demonstrates low chemistry usage driving low operating...

TEL AVIV, Israel, March 17, 2022 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company”), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today provided a business update for the year ended December 31, 2021. Ilan Hadar, Chief Executive Officer, stated, “We remain on track to commence our Phase 3 clinical trial of PRF-110 in bunionectomy in the second half of 2022. Specifically, we are advancing the manufacturing of PRF-110 clinical batches with our partner Pharmaceutics International, Inc. (PII), a U.S.-based contract manufacturing organization (CMO). After completion of the first trial, we plan to initiate the Phase 3 hernia repair clinical trial based on a similar study design to the prior Phase 2 trial. According to...

WARREN, N.J., March 17, 2022 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST), a pharmaceutical company advancing medicines to solve patients’ problems with current standards of care and provide transformative products to improve their lives, today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to AQST-109, the first and only orally delivered epinephrine-based product candidate for the emergency treatment of allergic reactions, including anaphylaxis. “We are focused on continuing to develop and, if approved, bringing this transformative product to patients and caregivers given its potential to significantly improve how they manage anaphylaxis,” said Keith Kendall, Chief Executive Officer of Aquestive. “Fast Track designation is an indication that the FDA recognizes...

Conference Call to be held Wednesday, March 23, 2022 at 8:30 a.m. Eastern Time ROUND ROCK, TX, March 17, 2022 (GLOBE NEWSWIRE) — AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces that it will report year-end 2021 financial results on Wednesday, March 23, 2022 before the market open. AYRO management will also host a conference call at 8:30 a.m. ET on Wednesday, March 23, 2022 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.To listen to the conference call, interested parties within the U.S. should dial 1-833-953-2436 (domestic) or 1-412-317-5765 (international)....

ONTARIO, Calif. and WALL, N.J., March 17, 2022 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced it will be a sponsor and exhibitor at the 2022 Chief Information Systems Officers Association (CISOA) Technology Summit, part of the California Community College (CCC) system, to be held at the Ontario Convention Center in Ontario, California March 20-23. BIO-key will be available for customer meetings to discuss migrating to the cloud, Q&A sessions, and live demonstrations of their award-winning PortalGuard platform in booth 405. Three of BIO-key’s CCC customers, College of the Canyons, Ventura County Community College District, and Allan Hancock College, will conduct seminars as part of the...

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 17 MARCH 2022 AT 1:45 PM (EET) Decisions taken at Cargotec’s Annual General Meeting 2022 Cargotec Corporation’s Annual General Meeting was held today 17 March 2022 in Helsinki, Finland. The Annual General Meeting approved a distribution of a dividend of EUR 1.07 for each of class A shares and a dividend of EUR 1.08 for each outstanding class B shares. The dividend shall be paid to shareholders who on the record date of dividend distribution, 21 March 2022, are registered as shareholders in the company’s shareholder register. The dividend payment day is 28 March 2022. The meeting adopted the financial statements and consolidated financial statements and approved the remuneration report. The meeting granted discharge from liability to the CEO and the members of the Board of...

TORONTO, March 17, 2022 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (Frankfurt: 9PX) (“Platinex” or the “Company”) is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. (“Endurance Elements”) has acquired 149 mining claims located along the western boundary of the W2 Copper-Nickel-PGE Project (the “W2 Project” or “W2”) in Ontario’s Ring of Fire (see press releases dated January 17, 2022 and January 27, 2022). The additional 2,932 hectares (29.3 km2) of ground brings the W2 land package to 15,973 hectares (159.7 km2). Endurance Elements holds a 100% interest in the W2 Project. The W2 Project now covers approximately 80% of the layered mafic-ultramafic Lansdowne House Igneous Complex (“LHIC”) which is highly prospective for copper-nickel (Cu-Ni) and reef-type platinum group element (PGE) deposits. The widespread...