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Day: April 8, 2022

Ovid Therapeutics to Present at the 21st Annual Needham Virtual Healthcare Conference

NEW YORK, April 08, 2022 (GLOBE NEWSWIRE) — Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with epilepsies and seizure-related disorders, today announced that management will present at the 21st Annual Needham Virtual Healthcare Conference on Thursday, April 14, 2022, at 12:45 p.m. ET. A live webcast of the virtual presentation can be accessed through the Events & Presentations section of the Company’s website at investors.ovidrx.com. An archived replay of the webcast will be available on the Company’s website following the live presentation. Ovid management will also take part on a panel focused on trends in the epilepsy therapeutic market, which is available to Needham investors and conference attendees on Monday, April 11, 2022, at...

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ibex Sponsors 2022 Caitlin Robb Foundation Golf Tournament to Benefit Pediatric Cancer Research and Patient Needs Program

PHOENIX, April 08, 2022 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced its sponsorship of the 2022 Caitlin Robb Foundation Golf Tournament being held today at the Papago Golf Course in Phoenix. “ibex is delighted to support the Caitlin Robb Foundation in the fight against pediatric cancer and to help those children who, along with their families, are battling cancer,” said Bob Dechant, CEO of ibex. “There is no more devastating news for a family than a child’s cancer diagnosis. For the past six years, ibex has been a proud sponsor of this event and is committed to the search for new treatments and a cure for cancer. We need to do everything we can to cure cancer for people of all ages, especially children.”  Founded...

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Rhythm Pharmaceuticals Announces New Employment Inducement Grants

BOSTON, April 08, 2022 (GLOBE NEWSWIRE) — Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company committed to transforming the care of people living with rare genetic diseases of obesity, today announced that on April 4, 2022, the Compensation Committee of Rhythm’s board of directors granted inducement equity grants covering an aggregate of 14,380 shares of its common stock to two new employees, consisting of inducement stock options to purchase an aggregate of 9,585 shares of common stock and inducement restricted stock units, or RSUs, covering an aggregate of 4,795 shares of its common stock. These inducement stock options and inducement RSUs are subject to the terms of the Rhythm Pharmaceuticals, Inc. 2022 Employment Inducement Plan (the “Inducement Plan”). The Inducement Plan is...

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Westwood Holdings Group, Inc. to Host First Quarter 2022 Conference Call/Webcast

DALLAS, April 08, 2022 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE:WHG) will release its first quarter 2022 earnings after the close of the New York Stock Exchange on Wednesday, April 27, 2022. Following the release, the Company will host a live audio webcast and conference call at 4:30 pm Eastern Time (3:30 pm Central Time). To listen to the conference call, dial 877-303-6235 (U.S. and Canada) or 631-291-4837 (International). The conference call will be available for replay through May 4, 2022 by dialing 855-859-2056 (U.S. & Canada) or 404-537-3406 (international) and entering passcode 1664499. The conference call will also be available via webcast and can be accessed at Westwood’s website, westwoodgroup.com, under the Investor Relations tab. Date: April 27, 2022 Time: 4:30 PM ET Listen via Internet: westwoodgroup.com/investor-relations/events-webcasts Telephone:...

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Indonesia Energy Commences Drilling of First of Two Back-to-Back Production Wells at Kruh Block

New production anticipated to bring IEC to cash flow positive operations JAKARTA, INDONESIA AND DANVILLE, CA, April 08, 2022 (GLOBE NEWSWIRE) — Indonesia Energy Corporation Limited (NYSE American: INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that the company has commenced drilling operations at the first of its two back-to-back producing wells (this first well is named the K-27 well) at its 63,000-acre Kruh Block. Drilling at K-27 commenced on Thursday, April 7, 2022. K-27 has a target total depth of 3,400 feet, and it is expected to take approximately 45 days to complete all drilling operations. The commencement of drilling represents a milestone in IEC’s previously announced plan to drill two new wells at Kruh Block. As an update to the drilling plan timing for 2002, IEC...

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NGM Bio to Present Late-Breaking Preclinical Research at 2022 AACR Annual Meeting Supporting Development of its Myeloid Reprogramming Portfolio

ILT2, ILT4, ILT3 and LAIR1 are myeloid checkpoints that may play a central role in establishing an immune-suppressive state in the tumor microenvironment NGM707, NGM831 and NGM438 are all engineered to release myeloid checkpoints and reprogram myeloid cells to reverse immune suppression and enhance immune response in tumors NGM707 and NGM831 are currently in the clinic, and NGM438 is anticipated to enter the clinic this quarterSOUTH SAN FRANCISCO, Calif., April 08, 2022 (GLOBE NEWSWIRE) — NGM Biopharmaceuticals, Inc. (NGM Bio) (Nasdaq: NGM), a biotechnology company focused on discovering and developing transformative therapeutics for patients, provided additional detail today on two late-breaking poster presentations it will give on Wednesday, April 13, 2022, at the American Association for Cancer Research (AACR) Annual Meeting....

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Shoals Technologies Group, Inc. Announces Management Transition and First Quarter Earnings Release Date

– Appoints Interim Chief Financial Officer – – First Quarter Earnings Call to be Held May 16, 2022 – PORTLAND, Tenn., April 08, 2022 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced that it has appointed Kevin Hubbard the interim Chief Financial Officer. Mr. Hubbard has served as a partner at Ham, Langston & Brezina, LLP since 2017 and has previously worked with Shoals on financial reporting. The transition will become effective May 4, 2022, when current Chief Financial Officer Philip Garton will depart. Mr. Garton informed Shoals of his intention to resign for another opportunity at a private company. The Shoals’ board of...

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Ocwen Financial Comments on U.S. Court of Appeals Decision in CFPB Matter

WEST PALM BEACH, Fla., April 08, 2022 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on April 6, 2022 by the United States Court of Appeals for the Eleventh Circuit regarding the appeal by the Consumer Financial Protection Bureau (“CFPB”). “We are pleased that the appellate court adopted our position and acknowledged that the CFPB cannot unilaterally ignore the provisions of a prior settlement agreement. Regarding the remand, we look forward to engaging with the District Court and providing our analysis that demonstrates that each of the remaining counts in the CFPB’s complaint is barred by the 2014 consent judgment. Ocwen will continue to vigorously defend itself, as we have...

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BlueCity Announces Fourth Quarter and Full Year 2021 Unaudited Financial Results

BEIJING, April 08, 2022 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (Nasdaq: BLCT), a leading online LGBTQ platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 HighlightsTotal revenues reached RMB243.6 million (US$38.2 million), a decrease of 12.6% from the same period of 2020.Net loss was RMB148.7 million (US$23.3 million), compared with RMB73.1 million in the same period of 2020.Adjusted Net Loss1 (Non-GAAP) was RMB34.5 million (US$5.4 million), compared with RMB35.1 million in the same period of 2020.Monthly active users (“MAUs”) of BlueCity’s apps2 reached 7.2 million, a decrease of 5.1% from the same period of 2020.Total paying users3 of BlueCity’s apps reached 735.3 thousand, an increase of 26.3%...

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Correction: TGS Publishes its 2021 Annual Report

OSLO, Norway (8 April 2022) – TGS, a global provider of energy data and intelligence, today published its 2021 Annual Report. In addition, TGS has published its Declaration on Executive Remuneration (DER) pursuant to the Norwegian Public Limited Liability Companies Act, section 6-16 a(2). Both the 2021 Annual Report and DER are available on the TGS corporate website to shareholders and other interested parties via this link: https://www.tgs.com/investor-center/financial-reports/annual-reports. About TGSTGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. Forward Looking StatementAll statements in this...

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