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Month: June 2022

Acasti Pharma Reports Fiscal Year 2022 Operational Results

Company to Host Conference Call Today at 1:00pm ET LAVAL, Québec, June 21, 2022 (GLOBE NEWSWIRE) — Acasti Pharma Inc. (“Acasti” or the “Company”) (Nasdaq: ACST and TSX-V: ACST), a late-stage, specialty pharma company with drug delivery capability and technologies addressing rare and orphan diseases, today announced financial and operational results for the fiscal year ended March 31, 2022. Recent HighlightsAcasti’s 3 lead programs are on schedule to initiate new clinical trials in the second half of calendar 2022 including:GTX-104 – Initiate Phase 3 safety trial (Q4 calendar year)  GTX-102 – Initiate PK Bridging Study (Q3 calendar year) GTX-101 – Initiate Single Dose and Multiple Ascending Dose PK studies (Q3 calendar year)Company ended the year (March 31, 2022) with $43.7 million in cash, cash equivalents and short-term...

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NextBillion.ai and GeoJunxion Launch World’s First LEZ-Focused Routing APIs

Capelle aan den IJssel, the Netherlands, 21 June 2022 – Location and mapping technology has always and will continue to play an important role in solving the biggest environmental problems that we are facing today. Addressing climate challenges in this location-first world that thrives on movement — be it people, goods or resources — calls for innovative geospatial solutions.  The partnership between NextBillion.ai, an industry-leading spatial data + AI platform and GeoJunxion (GOJXN.AS), the leading Low Emission Zones and Restricted Traffic Areas data provider is proof of that. This strategic cooperation will help to improve the effectiveness of the Low Emission Zone (LEZ) — an initiative that is designed to protect the environment. First routing platform designed for LEZAt present, delivery companies pay hundreds of thousands of euros...

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Amergent Hospitality’s Little Big Burger Brand Launches National Franchising Campaign

CHARLOTTE, N.C., June 21, 2022 (GLOBE NEWSWIRE) — Amergent Hospitality Group (OTCQB:AMHG) (“Amergent” or the “Company”), owner, operator and franchisor of multiple nationally-recognized restaurant, today announced the launch of its Little Big Burger national franchising campaign, led by recently appointed Mark Whittle, EVP of Franchise and Development. “The Little Big Burger brand is time tested and continues to deliver strong financial performance. Its highly scalable fast casual business model is ideally suited for franchising with its efficient and flexible design, simplified menu, compelling unit level economics, broad demographic appeal and superior franchise support structure. We have a strong foundation to leverage, which will enable me to do what I have done my entire career, grow the franchise side of...

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Nuvectis Pharma Announces FDA Clearance of IND for NXP800

FORT LEE, NJ,, June 21, 2022 (GLOBE NEWSWIRE) — Nuvectis Pharma, Inc. (“Nuvectis”, “Company”), a biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today announced that the U.S. Food and Drug Administration (“FDA”) cleared the Company’s Investigational New Drug Application (“IND”) for NXP800, which includes the Phase 1 clinical trial protocol. The NXP800 Phase 1 clinical trial is comprised of two parts, a dose escalation study (“Phase 1a”) to be followed by an expansion study (“Phase 1b”). The Phase 1a is currently ongoing in the United Kingdom (“U.K.”) and, with the IND in effect, U.S. clinical sites will now be included. The Company expects to initiate the Phase 1b study in early 2023. “The FDA approval of the...

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Isoray’s Cesium-131 Featured in Presentations at American Brachytherapy Society’s Annual Conference

RICHLAND, Wash., June 21, 2022 (GLOBE NEWSWIRE) — The growing body of information regarding Isoray, Inc.’s (NYSE American: ISR) Cesium-131 in treating prostate cancer was highlighted in two presentations at the just concluded American Brachytherapy Society’s annual conference in Denver, Colorado. During the conference, the Prostate Snap Oral I scientific session included two abstracts that were presented by The Cesium Advisory Group. The group is comprised of five experienced physicians with extensive experience using Cesium-131 monotherapy for permanent prostate brachytherapy who came together to form the advisory group. Commenting on the presentations, Isoray CEO Lori Woods said, “Long-term outcomes have demonstrated the significance of Cesium-131 brachytherapy for prostate cancer treatment. These abstracts present valuable information...

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Orion Energy Systems Demonstrates Industry-Leading Energy Efficient LED Light Fixtures and Controls at LIGHTFAIR® 2022 Las Vegas (Booth #3301); Management Hosts Investor Booth Tour Tuesday, June 21st at 3:30pm PT

LAS VEGAS and MANITOWOC, Wis., June 21, 2022 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and control systems, including turnkey project implementation, program management and system maintenance, announced it will be exhibiting its energy-efficient LED lighting products at the LIGHTFAIR® 2022 International trade show and conference (booth #3301) at the Las Vegas Convention Center – West Hall from Tuesday, June 21st through Thursday, June 23rd. Orion will host an informal investor booth tour with management Q&A on Tuesday, June 21st from 3:30 to 4:30 pm PT. Investors should confirm their attendance in advance by contacting Orion’s Investor Relations team (contact information below). Mike Altschaefl, Orion CEO, commented, “We are very happy...

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Form 8 (OPD) Euromoney Institutional Investor PLC

FORM 8.3 OPENING POSITION DISCLOSURE BYA 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: Invesco Ltd.  (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 form for each offeror/offeree Euromoney Institutional Investor PLC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable...

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Bovine Lactoferrin Market Size [2021-2028] worth USD 1,461.3 Million | exhibiting a CAGR of 12.6%

According to Fortune Business Insights, the global Bovine Lactoferrin Market size is projected to reach USD 1,461.3 Million in 2028, at CAGR of 12.6% during forecast period; Increasing Applications in Food, Dietary Supplements, and Pharmaceutical to Aid Growth: Fortune Business Insights™ Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The Global Bovine Lactoferrin Market Size is set to gain traction from its rising applications in pharmaceutical, food & beverage, and dietary supplements. Nowadays, the general population is highly demanding for naturally derived supplements, rather than the ones containing chemical molecules. It is set to propel the demand for bovine lactoferrin across the globe. As per a report by Fortune Business Insights™, titled, “Bovine Lactoferrin Market, 2021-2028,” the market size stood at USD 601.1 million...

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springbig Files Form 8-K Disclosing Additional Details from its Recently Completed Business Combination

Maintains strong proforma balance sheet expected to fund operations beyond cashflow break-even Reports public float in excess of 6.6 million shares as of closing BOCA RATON, Fla., June 21, 2022 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (NASDAQ: SBIG, SBIGW) (the “Company” or “springbig”), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, announced that it has filed a Form 8-K with the U.S. Securities and Exchange Commission, providing additional details surrounding its business combination with Tuatara Capital Acquisition Corporation (“TCAC”), which closed on June 14, 2022 (“Business Combination”). After the Business Combination, springbig has a robust balance sheet with cash of $15 million. Concurrently with the completion of the...

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Reservoir Media Announces Fourth Quarter and Fiscal Year 2022 Results

Delivers 34% annual top-line growth, exceeds $200 million capital deployment goal for the fiscal year, and exceeds full fiscal year revenue and profitability outlook Issues fiscal 2023 outlook, including 8%-to-12% top-line growth NEW YORK, June 21, 2022 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2022 ended March 31, 2022. Fourth Quarter 2022 & Recent Highlights:Revenue of $35.1 million, increased 20% organically, or 46% including acquisitions year-over-yearMusic Publishing revenue rose 29% year-over-year Recorded Music revenue increased by 123% year-over-yearOperating Income of $8.7 million, increased by 28% year-over-year OIBDA (“Operating Income...

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