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Day: April 20, 2022

Farmers & Merchants Bancorp, Inc. Reports Record 2022 First Quarter Financial Results

ARCHBOLD, Ohio, April 20, 2022 (GLOBE NEWSWIRE) —  Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2022 first quarter ended March 31, 2022. 2022 First Quarter Financial Highlights Include (on a year-over-year basis unless noted):Net income increased 65.0% to a quarterly record of $8.1 million, from $4.9 million Earnings increased 40.9% to $0.62 per basic and diluted share, from $0.44 per basic and diluted share Average shares outstanding increased 16.7% as a result of the Perpetual Federal Savings Bank Acquisition Total loans increased 46.3% to a record $1.962 billion, and included $463,000 of PPP loans Organic loan growth of 22.0%, excluding PPP loans and loan balances at time of acquisitions Total loans increased 5.6% from $1.857 billion at December 31, 2021 Total assets increased...

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BlueLinx to Host Investor Day in New York on June 2, 2022

MARIETTA, Ga., April 20, 2022 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will host an in-person investor day event at the New York Stock Exchange on Thursday June 2, 2022, beginning at 10:00 AM ET. Members of the executive leadership team, including Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, will present a detailed overview of BlueLinx’s strategic priorities and plans for transformational growth followed by a live question-and-answer session. A live webcast of the event and a link to accompanying materials will be available the day of the event in the Investor Relations section of the BlueLinx website at http://bluelinxco.com/webcast-presentations, and a replay of the webcast will...

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SANUWAVE Health Announces Patent Activity from March 2021 to March 2022

SANUWAVE announces patents issued over the past year SUWANEE, GA, April 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire  — SANUWAVE Health, Inc. (SNWV) focuses on the development and commercialization of innovative advanced wound care medical systems for the repair and regeneration of skin and vascular structures and the research for new applications of shockwave and ultrasound systems in the non-medical field, announced today the patent activity for the past year. For the shockwave technology, the following new patents were issued:US 11,028,670 titled “Shock Wave Device with Far-Field Focused Reflectors” This US patent covers a battery of shock waves applicators positioned on an elliptical or spherical shape support beam to create focused shockwaves that merge and combine to provide pseudo-planar waves over a...

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Processa Pharmaceuticals Doses First Patient in Amended Phase 1B Protocol for PCS6422 Combined with Capecitabine (Next Generation Capecitabine)

Processa focuses on identifying the PCS6422 regimens to increase capecitabine potency while identifying the MTD of Next Generation Capecitabine The amended protocol will provide a more precise timeline of DPD inhibition and de novo formation while also supplying preliminary data on the use of an individualized-personalized medicine approach for Next Generation Capecitabine HANOVER, MD, April 20, 2022 (GLOBE NEWSWIRE) — Processa Pharmaceuticals, Inc. (NASDAQ: PCSA), (“Processa” or the “Company”), a clinical-stage biopharmaceutical company developing products to improve the survival and/or quality of life for patients who have unmet medical need conditions, announces today that the first patient with advanced, refractory gastrointestinal cancer has been dosed in its amended maximum tolerated dose (MTD) Phase 1B trial for Next Generation...

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Alto Ingredients, Inc. Promotes Stacy Swanson to VP of Quality and Sustainability

Stacy Swanson Stacy Swanson, VP of Quality and Sustainability– Alto Board forms environmental, social and governance subcommittee – SACRAMENTO, Calif., April 20, 2022 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, promoted Stacy Swanson to the newly created position of Vice President of Quality and Sustainability effective April 15, 2022. Swanson now reports directly to CEO Mike Kandris. Kandris said, “Specialty alcohol customers seek certifications that assure reliability and surety of supply. Stacy has been instrumental in creating valuable market differentiators for Alto by leading the rigorous certifications process. Having secured ISO 9001, ICH Q7 and EXCiPACT Good Manufacturing Practices certifications as well as...

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Your meetings aren’t working: New Verizon study says focus on meeting less to accomplish more

Breaking the bad meetings habit: how Verizon Business is laser-focused on meeting less to accomplish more NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Companies rethinking their operations, their working models, and almost every aspect of their business due to the pandemic is not something new. What is noteworthy is seeing how businesses are leveraging lessons learned to innovate and improve their operations to meet customer and employee demands. In a new white paper published this week with Boston Consulting Group, Verizon Business CEO, Tami Erwin, and Verizon Business Chief Revenue Officer, Sampath Sowmyanarayan, break down how something as simple as altering the way meetings are conducted can greatly impact productivity, while providing insight, tips, and best practices from an extensive in-house experiment. “Every leader today...

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Republic Bank Hires Donald Greenleaf as Vice President, Commercial Lending for Bucks County

Republic Bank Republic Bank Hires Donald Greenleaf as Vice President, Commercial Lending for Bucks CountyPHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of Donald Greenleaf as Vice President, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank’s commercial loan portfolio as it continues to expand its presence in this key market. Greenleaf comes to Republic Bank with 25 years of experience in the banking industry. Most recently, he served as a Vice President at Firstrust Bank where he generated new business on both the commercial and retail sides and played a crucial role in growing deposits and loans. Greenleaf spent the first two decades of his career rising through the...

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Trust Stamp CEO to Speak at Rutgers Law Fintech and Blockchain Collaboratory

ATLANTA, April 20, 2022 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), the Privacy-First Identity CompanyTM providing AI-powered trust and identity services used globally across multiple sectors, today announces that Gareth Genner, CEO of Trust Stamp, will be speaking on the use of identity tokenization for streamlined inter and intra-metaverse transactions during a virtual session hosted by the Rutgers Law School FinTech and Blockchain Collaboratory (the “Collaboratory”). Those interested in attending are invited to join the virtual event taking place on April 22, 2022 at 12pm ET using this link. Genner joins the Collaboratory to explore the use of irreversible tokenization to establish a trusted “MetaPresence” identity that enables privacy-protected storage, access to, and exchange of digital assets,...

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SCYNEXIS to Present Positive Interim Data from Ongoing FURI and CARES Studies at the 32nd Annual European Congress of Clinical Microbiology & Infectious Diseases (ECCMID) Being Held April 23-26 in Lisbon, Portugal

Data from studies evaluating ibrexafungerp in serious fungal infections will be presented JERSEY CITY, N.J., April 20, 2022 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced the presentation of interim data from its ongoing Phase 3 FURI and CARES studies, as well as multiple posters regarding studies of ibrexafungerp at the 32nd European Congress of Clinical Microbiology and Infectious Diseases (ECCMID) being held in Lisbon, Portugal, April 23-26, 2022. “We are pleased to have this opportunity to share our most recent research analyses and hear updates from our colleagues regarding efforts by the global scientific community to treat serious infectious diseases,” said David Angulo, M.D.,...

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Victory Square Technologies Partners With Canadian Based VC Fund, The Holt Xchange to Co-host a Fintech Pitch Battle – Vancouver Edition

VANCOUVER, British Columbia, April 20, 2022 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTCQX:VSQTF) (FWB:6F6), a Venture Studio providing investors with VC-level investment access to the biggest ideas developed by the top startups from around the world, is pleased to co-host a Fintech pitch battle with The Holt Xchange,  a Canadian based global early-stage VC fund, on Tuesday, May 17th, 2022 from 3:30-5:30 PM PST. The event will consist of five early-stage fintechs who will present their company to an audience of investors and advisors attending the live event. The audience will be able to engage in live voting and provide their feedback, in addition to the four judges who will be asking the teams questions during the Q&A. “Investing in the next generation of business leaders is at the...

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