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Day: April 20, 2022

Host Hotels & Resorts Disposes of Sheraton New York Times Square Hotel

BETHESDA, Md., April 20, 2022 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced that it has sold the 1,780-room Sheraton New York Times Square Hotel for approximately $373 million, which represents a 28.0x EBITDA multiple1 on 2019 EBITDA. The EBITDA multiple includes approximately $136 million of estimated foregone capital expenditures over the next five years. In connection with the sale, the Company is providing a $250 million bridge loan to the purchaser. James F. Risoleo, president and chief executive officer, said, “The sale of the Sheraton New York Times Square Hotel represents another important step in the transformation of our portfolio as we look to deploy capital into assets that will bolster our...

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Rain Therapeutics to Report First Quarter 2022 Financial Results and Highlights of Recent Progress on May 4, 2022

NEWARK, Calif., April 20, 2022 (GLOBE NEWSWIRE) — Rain Therapeutics Inc. (NasdaqGS: RAIN), (“Rain”), a late-stage company developing precision oncology therapeutics, today announced it will report financial results for the first quarter ended March 31, 2022 and highlights of recent progress on Wednesday, May 4, 2022. On that day, management will host a conference call and webcast at 2:00 pm PT (5:00 pm ET) to discuss the Company’s business and financial results. Conference Call and Webcast Details: Date: May 4, 2022Time: 2:00-3:00 pm PT (5:00-6:00 pm ET)Dial In Numbers: 1 (877) 300-8521 (U.S. Toll Free) / 1 (412) 317-6026 (International) Conference ID: 10166166 Webcast Link: https://services.choruscall.com/mediaframe/webcast.html?webcastid=yOa8KoUv Replay of the call will be available by visiting the “Events” section...

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Certara to Report First Quarter 2022 Financial Results on May 5th, 2022

PRINCETON, N.J., April 20, 2022 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, today announced that it will release financial results for the first quarter of 2022 after the market close on Thursday, May 5th, 2022. Company management will host a conference call to discuss financial results at 5:00 p.m. ET. Investors interested in listening to the conference call may do so by dialing (833) 360-0946 for domestic callers or (914) 987-7661 for international callers, followed by Conference ID: 1290087. A live and archived webcast of the event will be available on the “Investors” section of the Certara website at https://ir.certara.com/. About CertaraCertara accelerates medicines using proprietary biosimulation software, technology and services to transform traditional drug discovery and development....

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Sportradar to Release First Quarter 2022 Earnings on May 18, 2022

NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Sportradar Group AG (NASDAQ:SRAD) (“Sportradar” or “the Company”), will release its financial and operating results for the first quarter fiscal 2022, ending March 31, 2022, on Wednesday, May 18, 2022. Sportradar will also host a conference call to discuss these results at 8:00 a.m. eastern time on Wednesday, May 18, 2022. Those wishing to participate via webcast should access the earnings call through Sportradar’s Investor Relations website at https://investors.sportradar.com/. An archived webcast with the accompanying slides will be available at the Company’s investor relations website for one year after the conclusion of the live event. Those wishing to participate via telephone may dial in at 1-855-725-1617 (USA) or +1-509-960-9043 (International), passcode 4366155. A replay of the...

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Eyenovia CEO, CMO and Chairman Dr. Sean Ianchulev to Present at Eyecelerator @ American Society of Cataract and Refractive Surgery (ASCRS) 2022

Presentation to review historic issues related to glaucoma therapies and how these may be addressed through the use of Optejet® technology NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ: EYEN), an ophthalmic pharmaceutical technology company developing a pipeline of microdose array print (MAP™) investigational products, today announced that Dr. Sean Ianchulev, Chairman, Chief Executive Officer and Chief Medical Officer, will deliver a presentation at Eyecelerator, which is being held on Thursday, April 21 in Washington, DC. “I am very pleased to have this opportunity to present at this year’s Eyecelerator conference and highlight new data demonstrating the many aspects of our proprietary Optejet® technology. We believe the Optejet® coupled with an effective IOP lowering medication may be able to address the...

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Ultragenyx Announces First Patient Dosed in Pivotal Phase 2/3 Clinical Study of Setrusumab (UX143) for the Treatment of Osteogenesis Imperfecta

Global study will evaluate UX143 in pediatric and young adult patients ages 5 to NOVATO, Calif., April 20, 2022 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel products for serious rare and ultra-rare genetic diseases, today announced the first patient has been dosed in a clinical study for the treatment of Osteogenesis Imperfecta (OI) in patients ages 5 to

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GWG Holdings Undertakes Financial Restructuring

Obtains Debtor-In-Possession Financing to Facilitate Restructuring Expects Restructuring to Strengthen Financial Position and Enhance Value of its Assets DALLAS, April 20, 2022 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq GWGH) (the “Company”), a financial services firm based in Dallas, Texas, today announced that the Company and certain of its subsidiaries have filed voluntary Chapter 11 petitions (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) as part of a restructuring process intended to enable the Company to enhance its liquidity and ability to meet its financial obligations, while maximizing the value of its assets. The subsidiaries that are debtors in the Chapter 11 Cases are GWG Life, LLC and GWG Life USA, LLC (together with the Company, the “Debtors”). The Company...

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ARKO to Report First Quarter 2022 Financial Results on May 4, 2022

RICHMOND, Va., April 20, 2022 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (the “Company”) today announced that the Company will report results for the first quarter ended March 31, 2022 on Wednesday, May 4, 2022 before the markets open in the United States. The Company will host a conference call to discuss these results at 10:00 a.m. Eastern Time on May 4, 2022. Investors interested in participating in the live call can dial 877-605-1792 or 201-689-8728. A telephone replay will be available approximately two hours after the call concludes through May 18, 2022, by dialing 877-660-6853 or 201-612-7415 and entering confirmation code 13729048. There will also be a simultaneous, live webcast available on the Investor Relations section of the Company’s website at https://www.arkocorp.com/. The webcast will be archived for 30 days. About...

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Healthcare Triangle Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements

HITRUST Risk-based, 2-year Certification validates Healthcare Triangle is committed to meeting key regulations and protecting sensitive information PLEASANTON, Calif., April 20, 2022 (GLOBE NEWSWIRE) — Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the “Company”), a leading provider of cloud and data transformation solutions for healthcare and life sciences, today announced its Cloud and Data Platform (CaDP) hosted on Amazon Web Services (AWS) and the supporting network infrastructure hosted on the O365 Cloud has earned Certified status for information security by HITRUST. HITRUST Risk-based, 2-year (r2) Certified status demonstrates that HCTI’s Cloud and Data Platform (CaDP) has met key regulations and industry-defined requirements and is appropriately managing risk. This achievement places Healthcare Triangle...

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eXp Realty Celebrates 80,000 Real Estate Agents as Brokerage Continues Worldwide Expansion

eXp Realty Exceeds 80,000 Real Estate Agents Worldwide eXp Realty Celebrates 80,000 Real Estate Agents as Brokerage Continues Worldwide ExpansionMilestone Represents Continued Growth as Company Expects to Surpass 100,000 Agents in 2022 Glenn Sanford to Speak Today at Inman Connect New York on the Merits of Growth-Oriented, Accessible Leadership BELLINGHAM, Wash., April 20, 2022 (GLOBE NEWSWIRE) — eXp Realty®, the fastest-growing global real estate brokerage and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced it has exceeded 80,000 agents globally, representing an increase of 50% when compared to 53,379 agents in April 2021. Also today, Glenn Sanford, Founder, CEO and Chairman of eXp World Holdings, will take the stage at Inman Connect New York to talk about the accessible leadership traits that...

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