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Month: April 2022

Forward Pharma Reports Financial and Operating Results for the Year Ended December 31, 2021

COPENHAGEN, Denmark, April 08, 2022 (GLOBE NEWSWIRE) — Forward Pharma A/S (NASDAQ:FWP) (“we,” “Forward” or the “Company” and, together with its subsidiaries, the “Group”), today reported consolidated financial results for the year ended December 31, 2021. Our net loss for the year ended December 31, 2021 was $1.9 million, or $0.02 per share, versus a net loss of $6.4 million, or $0.07 per share, for the year ended December 31, 2020. Our research, development, general and administrative costs increased from $3.4 million for the year ended December 31, 2020 to $3.9 million for the year ended December 31, 2021. Our net loss for the year ended December 31, 2021 was favorably impacted by a non-cash foreign exchange gain of $2.2 million that is primarily related to our U.S. Dollar cash holdings and the strengthening of the U.S. Dollar...

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Archimedes Tech SPAC Partners Co. Announces Effectiveness of Registration Statement and Date for Special Meeting to Approve Proposed Business Combination with SoundHound

Special Meeting Scheduled for April 26, 2022 Stockholders of Record as of March 16, 2022 are Eligible to Vote at Annual Meeting NEW YORK, April 08, 2022 (GLOBE NEWSWIRE) — Archimedes Tech SPAC Partners Co. (NASDAQ: ATSPU) (“Archimedes”), a publicly traded special purpose acquisition company, today announced that its registration statement on Form S-4 (the “Registration Statement”) in connection with its previously announced proposed business combination (the “Business Combination”) with SoundHound, Inc. (“SoundHound”), a leading innovator of conversational intelligence, has been declared effective by the U.S. Securities and Exchange Commission (“SEC”). The Registration Statement provides important information about Archimedes, SoundHound and the Business Combination. Archimedes also announced today that its Special Meeting of Stockholders...

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TC Energy to hold annual meeting of common shareholders and issue first quarter 2022 results on April 29

CALGARY, Alberta, April 08, 2022 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold its 2022 annual meeting of common shareholders on Friday, April 29, 2022 at 10 a.m. MDT / 12 p.m. EDT. As virtual shareholder meeting technology continues to advance, and matters of public health and safety remain top of mind, TC Energy will hold its meeting in a virtual-only format with a live webcast. It will also be archived and available for replay following the meeting, including the live question and answer session. For more information on participating in the virtual meeting, please visit the annual meeting page on our website at 2022 Annual Meeting of Shareholders (tcenergy.com). First quarter 2022 financial results will also be released pre-market on April 29, 2022. François Poirier, TC Energy...

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IO Biotech Announces Presentation of New Data from MM1636 Phase 1/2 Clinical Trial Presented at 2022 AACR Annual Meeting

Updated Data as of December 1, 2021 from Phase 1/2 study of IO102-IO103 in Combination with Nivolumab in Metastatic Melanoma Three-year Survival Probability of 73% Subgroup analyses including patients with poor prognosisNEW YORK, April 08, 2022 (GLOBE NEWSWIRE) — IO Biotech (Nasdaq: IOBT), a clinical-stage biopharmaceutical company developing novel, immune-modulating cancer therapies based on its T-win® technology platform, announced today updated efficacy data and subgroup analyses from the MM1636 Phase 1/2 clinical trial evaluating IO102-IO103 as investigational agents in metastatic melanoma in an e-poster presentation at the American Association of Cancer Research conference (AACR), being held April 8-13, 2022 in New Orleans, Louisiana. “We are excited to present these further data demonstrating three-year survival probability...

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Matthews International Announces Second Quarter Fiscal 2022 Earnings Release and Conference Call

PITTSBURGH, April 08, 2022 (GLOBE NEWSWIRE) — Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2022 earnings results after the market closes on Thursday, April 28, 2022. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO, Steven F. Nicola, Chief Financial Officer, and William D. Wilson, Senior Director, Corporate Development. A question-and-answer session will follow.Second Quarter Fiscal Year 2022 Conference CallFriday, April 29, 20229:00 a.m. Eastern TimePhone: 201-689-8471Webcast and accompanying slide presentation: www.matw.comAs soon as available after the call, a transcript of the call will...

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iSIGN Media Announces TSX-V Approval to Complete the Acquisition of an Exclusive Worldwide Licensing Agreement for Advanced Technologies and Associated Platforms

TORONTO, April 08, 2022 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF) a leading provider of interactive mobile proximity marketing and public security alert solutions, announced that it received the necessary approval from the TSX-Venture Exchange (“TSX-V”) to acquire this exclusive worldwide Licensing Agreement (“Agreement”) in perpetuity from SIMBL Business Enablement Inc. (“SIMBL”) for its Passive Historical Contact Tracing (“PHACT”) and underlying framework, including SPE Asset Management System for smart location analytics and monitoring Intellectual Property (”IP”). The PHACT IP, installed at the Prince George airport in British Columbia, provides smart location analytics and monitoring.  Conceived as a contact tracing network, the overall platform enables one to monitor the...

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Nova LifeStyle Announces Fiscal 2021 Results

LOS ANGELES, April 08, 2022 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2021. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “Throughout 2021, we implemented an aggressive corporate strategy designed to enhance our presence in the market while remaining focused on selling higher margin products. The increase in 2021 revenues is primarily attributed to a 29% increase in the average selling price, even though we had a 13% decrease in sales volume. We believe this strategy, which we implemented a few years ago, will provide us with long term growth as well as an increasing market share in North America. In 2021, North America sales increased 13%, while sales decreased in Asia, primarily...

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SCWorx Announces Preliminary Court Approval of Shareholder Derivative Settlement

New York, NY., April 08, 2022 (GLOBE NEWSWIRE) — SCWorx Corp. (“SCWorx” or the “Company”) (Nasdaq: WORX) today announced that on March 25, 2022, the U.S. District Court for the Southern District of New York (the “Court”) preliminarily approved a settlement agreement (the “Settlement”) resolving three shareholder derivative lawsuits involving the Company. As previously disclosed, on June 15, 2020, a shareholder derivative action was filed in the United States District Court for the Southern District of New York against Steven Wallitt (current director), and Marc S. Schessel, Robert Christie and Charles Miller (former directors) (“Director Defendants”). The action is captioned Lozano, derivatively on behalf of SCWorx Corp. v. Marc S. Schessel, Charles K. Miller, Steven Wallitt, Defendants, and SCWorx Corp., nominal defendant. The...

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Sativus Tech Announces Roadshow After Appointing New Company Ceo

Newly named CEO Tal Wilk-Glazer will lead discussions with potential investors about the company’s trajectory in the markets and its advancements in becoming the first AgTech company to produce saffron in indoor vertical farms. Roadshow provides an inside look at the saffron industry and how a reliable and consistent production of the spice could expand its applications into various industries including pharmaceutical, nutraceutical and cosmetics.Tel Aviv, Israel, April 08, 2022 (GLOBE NEWSWIRE) — Sativus Tech Corp (OTC: SATT) today announced that it will hold a public virtual roadshow for investors and potential investors to get an inside look at the AgTech company’s achievements and how its subsidiary, Saffron Tech, is advancing towards becoming the first company to create a large-scale production of saffron using vertical...

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VAYK Features Airbnb Cannabis Tourism With 420 On The Horizon

Dallas, Texas, April 08, 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) is an early-stage business building a portfolio of technology solutions to further democratize participation in the tourism market, extending more opportunities to individuals and small and medium (SMB) business operators. VAYK supports individuals and SMBs in getting into the Airbnb business.  The VAYK award winning Peer-To-Peer (P2P) Alternative Finance Application is designed to support individuals and SMBs gaining access to alternative purchase finance to secure short-term vacation rental properties.  With the 420 (April 4th) celebration fast approaching, VAYK today features the short-term vacation rental entrepreneurial creativity behind cannabis tourism, highlighted by Airbnb’s partnership with a cannabis farm in Petaluma, California.  AIRBNB...

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