Day: April 18, 2022

Trevena Announces Receipt of First $15 million Tranche in Connection with its $40 million ex-US Royalty-Based Financing with R-Bridge Healthcare Fund

Written by Customer Service on April 18, 2022. Posted in Public Companies.

CHESTERBROOK, Pa., April 18, 2022 (GLOBE NEWSWIRE) — Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced receipt of the first $15 million tranche from its royalty-based financing agreement with an affiliate of R-Bridge Healthcare Fund (the R-Bridge Financing). The R-Bridge Financing calls for an initial $15 million tranche within 15 days of the closing of the deal. Trevena will receive an additional $15 million upon the first commercial sale of OLINVYK® in China and $10 million upon achievement of either a financing or commercial milestone. R-Bridge Healthcare Fund is an affiliate of CBC Group, one of Asia’s largest and most active healthcare-dedicated investment firms focusing in three...

XPO Logistics Announces Openings of Two New Less-Than-Truckload Terminals

Written by Customer Service on April 18, 2022. Posted in Public Companies.

Expands LTL capacity in Southern California and Atlanta metro area GREENWICH, Conn., April 18, 2022 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, today announced the further expansion of its North American LTL network with the upcoming openings of two less-than-truckload (LTL) terminals: The Adelanto, California terminal will expand XPO’s footprint in San Bernardino County, where an influx of business development is driving demand for LTL services. The 51,500 sq. ft. facility includes 99 doors and a freight assembly center, and is expected to open this month. The Conley, Georgia terminal will be a sister site to XPO’s existing terminal and freight assembly center in Atlanta, adding pickup-and-delivery capacity in a high-volume metropolitan area. The 55,000 sq. ft....

Vivid Seats to Report First Quarter 2022 Financial Results

Written by Customer Service on April 18, 2022. Posted in Public Companies.

Prepared Remarks to be Webcast at 8:30 am ET CHICAGO, April 18, 2022 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the first quarter 2022 on Tuesday, May 10, 2022, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET. The live webcast and replay can be accessed at https://investors.vividseats.com/. About Vivid Seats Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists, and teams they love. Based on the belief that everyone should “Experience...

Beyond Air® to Participate in Three Upcoming Medical Conferences

Written by Customer Service on April 18, 2022. Posted in Public Companies.

GARDEN CITY, N.Y., April 18, 2022 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR), a clinical-stage medical device and biopharmaceutical company focused on developing inhaled nitric oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension and, through its affiliate Beyond Cancer, ultra-high concentration nitric oxide (UNO) for the treatment of solid tumors, today announced that the Company is scheduled to present new data at three upcoming medical conferences. The Pediatric Academic Societies 2022 Meeting (PAS 2022)The Company is scheduled to present new long-term safety data for high concentration inhaled nitric oxide for the treatment of bronchiolitis at the PAS 2022 Meeting, which is scheduled to be held April 21-25 in Denver, Colorado. Details of the...

TELA Bio Appoints D. Taylor Ocasio as General Counsel

Written by Customer Service on April 18, 2022. Posted in Public Companies.

MALVERN, Pa., April 18, 2022 (GLOBE NEWSWIRE) — TELA Bio, Inc. (“TELA”), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient’s own anatomy, today announced the hiring of D. Taylor Ocasio as the Company’s new General Counsel (GC). As GC, Mr. Ocasio will lead the Company’s legal and governance efforts. Mr. Ocasio joins TELA with nearly ten years of corporate legal operations and healthcare industry experience. Most recently, Mr. Ocasio served as Deputy General Counsel of Zynerba Pharmaceuticals, a clinical-stage specialty pharmaceutical company, where he helped lead the legal functions and compliance programs. Prior to that, Mr. Ocasio served as...

EyePoint Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Written by Customer Service on April 18, 2022. Posted in Public Companies.

WATERTOWN, Mass., April 18, 2022 (GLOBE NEWSWIRE) — EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to help improve the lives of patients with serious eye disorders, today announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company’s 2016 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 56,500 shares of EyePoint Pharmaceuticals common stock to four new employees. The stock options were granted on April 14, 2022. The grants were approved by the Compensation Committee and made as an inducement material to each employee entering into employment with EyePoint Pharmaceuticals in accordance with NASDAQ...

Plug Power Announces the Appointment of Two New Board Members

Written by Customer Service on April 18, 2022. Posted in Public Companies.

LATHAM, N.Y., April 18, 2022 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced today the appointment of two new members to the company’s board of directors: Jean Bua, Chief Financial Officer, executive Vice President and treasurer at NetScout Systems and Kavita Mahtani, Chief Financial Officer, Americas for HSBC, one of the largest banking and financial services organizations in the world. Both appointees will join Plug’s audit committee, with Ms. Bua serving as the committee chair. “We are excited to welcome Jean and Kavita to our board of directors. They bring decades of leadership in key areas, such as M&A strategy implementation, global financial operations, and compliance, that are vital to our future operations and strategy,”...

Natus Medical Incorporated to be acquired by ArchiMed Group for $33.50 per share in cash

Written by Customer Service on April 18, 2022. Posted in Mergers And Acquisitions.

Highlights: • Transaction values Natus Medical, Incorporated at approximately $1.2 billion total equity value• Pre-announces preliminary financial results for the first quarter ended March 31, 2022 MIDDLETON, Wis., April 18, 2022 (GLOBE NEWSWIRE) — Natus Medical Incorporated (NASDAQ: NTUS), (the “Company” or “Natus”), a leading provider of medical device solutions to screen, diagnose, and treat disorders affecting the brain, neural pathways, and eight sensory nervous systems, announced today that it has entered into a definitive agreement to be acquired by an affiliate of ArchiMed (“ArchiMed”), a leading investment firm focused exclusively on the healthcare industry for approximately $1.2 billion. Under the terms of the agreement, Natus shareholders will receive $33.50 in cash for each share of Natus common stock,...

GCM Mining Reports First Quarter 2022 Production; Declares May 16, 2022 Monthly Dividend; Announces First Quarter 2022 Results Webcast

Written by Customer Service on April 18, 2022. Posted in Dividend Reports And Estimates.

TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it produced a total of 16,293 ounces of gold in March 2022 at its Segovia Operations bringing the total for the first quarter of 2022 to 49,951 ounces compared with 49,058 ounces from Segovia in the first quarter of 2021. In the first quarter of 2022, the Company also produced 89,782 ounces of silver at Segovia, up from 57,315 ounces of silver in the first quarter last year, together with approximately 252,000 pounds of zinc and 338,000 pounds of lead. Consolidated gold production of 51,486 ounces in the first quarter last year also included 2,428 ounces from Marmato up to February 4, 2021, the date of the loss of control of Aris Gold Corporation. GCM Mining’s trailing 12-months’ total gold production...

Tuna Fish Market to Hit USD 49.70 Billion by 2029 | Strong Demand for Protein Rich Foods to Boost Market Development, Says Fortune Business Insights™

Written by Customer Service on April 18, 2022. Posted in Mergers And Acquisitions.

Companies covered in Tuna Fish Market are Bolton Group (Milan, Italy), Century Pacific Foods Inc. (Pasig, Philippines), The Jealsa Rianxeira S.AU. Group Boiro, Spain Grupo Albacore S.A. (Basque Country, Spain), ITOCHU Corporation (Tokyo, Japan), Thai Union Group Inc. (Samut Sakhon, Thailand), Dongwon Enterprises Co. Ltd. (Seoul, South Korea), IBL Ltd. (Port Louis, Mauritius FCF Co. Ltd. (Kaohsiung, Taiwan), Sea Delight (Florida, U.S.), and more players profiled. Pune, India, April 18, 2022 (GLOBE NEWSWIRE) — The global tuna fish market size was USD 40.12 billion in 2021. It is expected to surge from USD 41.06 billion in 2022 to USD 49.70 billion in 2029, exhibiting a CAGR of 2.77% in the forecast period. Robust demand for protein-rich foods and value-added tuna is expected to bolster market development. Fortune Business Insights™...

Day: April 18, 2022

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