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Month: June 2022

8i Acquisition 2 Corp. and EUDA Health Limited Announce Extension of Due Diligence Review Period

Singapore, May 31, 2022 (GLOBE NEWSWIRE) — 8i Acquisition 2 Corp. (the “Company” or “LAX”) (NASDAQ: LAX), a publicly traded special purpose acquisition company, and EUDA Health Limited, a Singapore-based digital health platform that aims to make healthcare more affordable, accessible, and improve the patient experience by delivering improved outcomes through personalized healthcare, today announced an amendment to the SPA (the “SPA Amendment”) to extend the time for LAX to complete its financial, operational and legal due diligence review of EUDA Health from May 31, 2022 to June 15, 2022. As previously announced, LAX entered into a Share Purchase Agreement (the “SPA”) dated April 11, 2022, with Euda Health Limited (“EUDA Health”), Watermark Developments Limited, a British Virgin Islands business company (the “Seller”), and Kwong...

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ClimateRock Announces the Separate Trading of its Class A Ordinary Shares, Rights, and Warrants Commencing June 2, 2022

United Kingdom, May 31, 2022 (GLOBE NEWSWIRE) —  ClimateRock (NASDAQ: CLRCU) (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman, Charles Ratelband V and CEO, Per Regnarsson, announced today that commencing on June 2, 2022, holders of the units sold in the Company’s initial public offering of 7,875,000 units completed on May 2, 2022 may elect to separately trade the Company’s Class A ordinary shares (“Class A Ordinary Shares”), rights, and warrants included in the units. Once the securities comprising the units begin separate trading, the Class A Ordinary Shares, rights, and warrants will be traded on the Nasdaq Global Market under the symbols “CLRC,” “CLRCR” and “CLRCW,” respectively. Those units not separated will continue to trade on the NASDAQ Global...

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Prospera Provides Second Status Update

CALGARY, Alberta, May 31, 2022 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Corporation“) (PEI:TSX-V; OTC:GXRFF; FRA:OF6B) provides its second bi-weekly Status Report under National Policy 12-203 Management Cease Trade Orders (“NP 12-203“), pursuant to which Prospera issued its original default announcement indicating that the filing of its annual audited financial statements, annual management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2021 (the “Required Disclosure“), would be delayed beyond the filing deadline of April 30, 2022. Prospera reports that since issuing the original default announcement on May 3, 2022, there has been no material changes to the information contained therein that has not been disclosed,...

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Operational Highlights and Financial Results for the Period Ended March 31, 2022

Substantial Reduction in Operational Spend while Maintaining Focus on BLA Resubmission NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB) global leader in allogeneic cellular medicines for inflammatory diseases, today reported financial results and operational highlights for the period ended March 31, 2022. Financial HighlightsNet cash usage reported for operating activities in the quarter was reduced by 40%, or US$10.3 million, to US$15.5 million compared with US$25.8 million in the comparative quarter last year1 For the quarter, net cash usage reported for operating activities, excluding inventory for the planned remestemcel-L product launch, was reduced by 50% to US$11.2 million from US$22.2 million in the comparative quarter For the nine-month period ended March 31, 2022, net cash usage reported...

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