Month: May 2022

Catalyst Biosciences Reports First Quarter 2022 Operating & Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

SOUTH SAN FRANCISCO, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Catalyst Biosciences, Inc. (NASDAQ: CBIO) today announced its operating and financial results for the first quarter ended March 31, 2022. “In the first quarter, we regained the rights to CB 2782-PEG, a C3 degrader protease, for the potential treatment of dry age-related macular degeneration (“AMD”) and now have full rights to two wholly-owned, potential best-in-class complement candidates that may provide compelling opportunities in our exploration of strategic alternatives as announced in February,” said Nassim Usman, Ph.D., president and chief executive officer of Catalyst. “While exploring these opportunities, we implemented personnel and cost reductions, decreasing our headcount by over 70%. We remain committed to exploiting the potential for all of our assets to...

Global Innovation Leader Rush Doshi Joins as Advisor to DriveItAway Holdings, Inc (OTC: CLCN)

Written by Customer Service on May 9, 2022. Posted in Public Companies.

Former Entrepreneur in Residence of EmployBridge & Citi to advise DriveItAway in Providing Employer ESG/EV Focused Entry Level Employee Transportation Solutions “Lack of transportation in the single largest impediment to entry level employee success, we are thrilled to have Rush Doshi help us reach out to large national employers to solve this problem,” John F. Possumato, CEO, DriveItAway Holdings Inc. PHILADELPHIA, May 09, 2022 (GLOBE NEWSWIRE) — DriveItAway Holdings, Inc. (“DIA”) OTCQB: CLCN) the industry leader in automotive dealer new mobility platforms, with its revolutionary subscription to purchase technology, announces today that Rushab Doshi, noted entrepreneur-in-residence and new venture builder, has joined the newly public DriveItAway team as an advisor to their continued expansion in its program for large employers...

BOS Purchases Warehouses and Office Space for Self-use

Written by Customer Service on May 9, 2022. Posted in Public Companies.

RISHON LE ZION, Israel, May 09, 2022 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) announced today that it has purchased 546 sqm of offices, 495 sqm of warehouses and nine parking spots in Rishon Le Zion, Israel. The purchased real-estate is part of the facilities BOS has been leasing in Rishon Lezion. BOS shall pay for this acquisition NIS 6.5 million (approximately $1.9 million). Eyal Cohen, BOS’ CEO, stated: “BOS leases 2,131 sqm in Rishon Lezion and 710 sqm in Rosh Hain, both in Israel. Our monthly lease expense for the facilities we acquired amounts to $10,000. This lease expense, and our expectation that it shall increase significantly upon lease renewal, led us to pursue the acquisition. “We plan to finance the purchase by a long-term bank loan in...

Nokia launches groundbreaking cybersecurity-focused testing lab in the U.S.

Written by Customer Service on May 9, 2022. Posted in Public Companies.

Press Release Nokia launches groundbreaking cybersecurity-focused testing lab in the U.S.First U.S.-based end-to-end cybersecurity 5G testing lab opens in Dallas Both Nokia products and partner products will be tested against real-world attack scenarios09 May 2022 Dallas, Texas – Nokia today announced the launch of its Advanced Security Testing and Research (ASTaR) lab, located in Dallas, Texas. It is the first end-to-end 5G testing lab in the U.S. focused solely on cybersecurity. ASTaR’s holistic approach to researching and testing secure solutions and potential network threat mitigations will go beyond looking at individual network elements and also focus on the larger context of network use and abuse scenarios. In the 5G era, the nature and scale of information networks are evolving, as are the nature and scale of security threats....

Dimensional Fund Advisors Ltd. : Form 8.3 – SHAFTESBURY PLC – Ordinary Shares

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: Dimensional Fund Advisors Ltd. (“Dimensional”), in its capacity as investment manager and on behalf its affiliates who are also investment managers. Dimensional and its affiliates expressly disclaim beneficial ownership of the shares described in this form 8.3(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate...

Dimensional Fund Advisors Ltd. : Form 8.3 – CAPITAL & COUNTIES PROPERTIE – Ordinary Shares

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

WillScot Mobile Mini Acquires Regional Storage Services Provider

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

PHOENIX, May 09, 2022 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it has acquired the rental fleet and related assets from Georgia Storage Containers, Inc. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement. This acquisition adds over 1,000 storage units to the Company’s existing operation in the greater Atlanta market. Brad Soultz, Chief Executive Officer, commented, “I am excited about this transaction and what it adds to our operations in Atlanta. These new customers have immediate access to the most innovative portable storage offering in North America – from our proprietary door closure and locking systems and...

Concentrix Announces Acquisition of ServiceSource, a Global B2B Digital Sales Company

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

Expands B2B sales capabilities, a fast growth area for Concentrix Adds an attractive client portfolio of leading technology and new economy brands Strong financial returns driven by significant revenue and cost synergies, and compelling valuationNEWARK, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Concentrix Corporation (Nasdaq: CNXC), a leading global provider of customer experience (CX) solutions and technologies, today announced that it has reached a definitive agreement to acquire ServiceSource International, Inc. (NASDAQ: SREV), a global market leader in B2B digital sales, for $1.50 per share in an all-cash transaction valued at approximately $131 million, inclusive of ServiceSource’s net cash. ServiceSource is a global outsourced go-to-market services provider, delivering B2B digital sales and customer success solutions for...

Lincoln Educational Services Reports First Quarter 2022 Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Conference Call Today at 10 a.m. ET PARSIPPANY, N.J., May 09, 2022 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC) today, reported operating and financial results for the first quarter as well as recent business developments. First Quarter 2022 vs First Quarter 2021 Financial Highlights and Recent Operating DevelopmentsRevenue of $82.6 million, up 5.8% compared to prior year Adjusted EBITDA* of $2.4 million, compared to $5.4 million in prior year Average student population up 4.4% Beginning period population up 6.0% Reiterating 2022 guidance for all metrics including student starts, revenue, Adjusted EBITDA, net income and capital expenditures*See Use of “Non-GAAP Financial Information” below. “Our first quarter performance reflects the strong demand for Lincoln’s programs despite an exceptionally...

Atlantica Reports First Quarter 2022 Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Atlantica Reports First Quarter 2022 Financial ResultsRevenue for the first three months of 2022 reached $247.5 million, a 7.0% increase year-over-year on a comparable basis1 and a 7.7% decrease year-over-year. Adjusted EBITDA was $173.6 million for the first three months of 2022, a 4.8% increase year-over-year on a comparable basis1 and a 1.4% year-over-year increase. Net loss for the first quarter of 2022 attributable to the Company was $12.0 million, compared with a net loss of $19.2 million in the first quarter of 2021. Cash available for distribution (“CAFD”) increased by 6.3% year-over-year up to $54.4 million in the first quarter of 2022. Quarterly dividend of $0.44 per share approved by the Board of Directors. $140 – 150 million in equity investments already closed or earmarked for 2022.May 9, 2022 – Atlantica Sustainable...

Month: May 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals