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Month: July 2022

Voxtur Closes Acquisition to Bolster Property Tax Business

TORONTO and TAMPA, Fla., July 05, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that, further to the news release issued on June 9, 2022, it has completed the arm’s length acquisition of Municipal Tax Equity Consultants Inc. (“MTEC”) and its associated entity, MTAG Paralegal Professional Corp., acquired MTE Paralegal Professional Corporation (“MTEP”, and together with MTEC, “MTE”) (collectively, the “Acquisition”). MTE provides technology-enabled solutions to help municipal governments maximize property tax revenue, mitigate future liabilities, manage operations from emerging...

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OrthoPediatrics Corp. Completes Acquisition of Pega Medical

WARSAW, Ind., July 05, 2022 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, announced today that it has completed the previously announced acquisition of Pega Medical for $33 million. Under the terms of the agreement, OrthoPediatrics will acquire Pega Medical for an upfront cash payment of $31 million plus $2 million in stock – which includes certain restrictions for three years. Pega Medical brings a highly complementary product portfolio, with a focus on addressing unmet needs for children whose lives have been impacted by musculoskeletal disorders and diseases. Pega’s product offering includes novel technologies to treat some of the most unique conditions in pediatric orthopedics, including its Fassier-Duval...

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DatChat Closes Avila Security Corporation Merger

Acquires Avila’s Web 3.0 Patent Portfolio of Blockchain Messaging, Blockchain Digital Rights Management, Secure Audio and Video Streaming & Self-Sovereign ID Technology NEW BRUNSWICK, N.J., July 05, 2022 (GLOBE NEWSWIRE) — DatChat, Inc. (“DatChat” or the “Company”) (Nasdaq: DATS), a communications and social media company that gives users the ability to communicate, share, and post with privacy and screen capture protection, today announced the Company has closed on the previously announced acquisition of Avila Security Corporation (“Avila Security”). Pursuant to the terms of the agreement and plan of merger (the “Merger Agreement”), the Company issued 1,000,000 shares of restricted common stock, all of which are subject to a lock-up agreement. The transaction expands DatChat’s intellectual property...

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Orchestra BioMed™ Announces Strategic Collaboration, Closing of $110 Million Private Equity Financing and Plans to List on Nasdaq Through Merger with Health Sciences Acquisitions Corporation 2

      Strategic collaboration with Medtronic to develop BackBeat Cardiac Neuromodulation Therapy™ as potential integrated hypertension treatment for cardiac pacemaker patients Investors in $110 million Series D financing include Medtronic and Terumo as well as lead investor RTW Investments and founding investor Perceptive Advisors Business combination with Health Sciences Acquisitions Corporation 2 (Nasdaq: HSAQ) (the “Business Combination”); upon closing, the common stock of the combined company is expected to be listed on Nasdaq under the ticker symbol “OBIO”; Business Combination is supported by $20 million in total forward purchase agreements and an up to $50 million backstop agreement Business Combination and completed private equity financing are structured to ensure total gross proceeds of a minimum of $180 million, which is expected...

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Millrock Updates 64North Gold Project Exploration, Goodpaster Mining District, Alaska

Figure 1 A Fall 2021 photograph showing the Tourmaline Ridge prospect area in the foreground with an excavator digging trenches through shallow overburden to expose bedrock. Northern Star’s Pogo mine and the Goodpaster deposit is visible in the distance five to six kilometers to the east. The current drilling program focuses on the Tourmaline Ridge prospect in the foreground.VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) — Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF) (“Millrock” or the “Company”) reports that earn-in partner Resolution Minerals Limited (ASX: RML) (“Resolution”) has commenced drilling at the Tourmaline Ridge prospect on the West Pogo block of the 64North Gold Project. A program consisting of five holes totaling 2,200 meters is to be conducted over the coming six weeks. Millrock...

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Dyadic to Participate in Bio-Manufacturing Innovation Summit and NIIMBL National Meeting

JUPITER, Fla., July 05, 2022 (GLOBE NEWSWIRE) — Dyadic International, Inc. (“Dyadic”, or the “Company”) (NASDAQ: DYAI), a global biotechnology company focused on further improving, applying and deploying its proprietary and patented microbial technologies to accelerate development, lower production costs and improve the performance of biologic vaccines, drugs, proteins, enzymes, certain metabolites and other biologic products at flexible commercial scales, today announced that its management and representatives will participate in the following two upcoming industry events in July 2022: Bio-Manufacturing Innovation Summit – Hosted by Rutgers State University and NIIMBL (National Institute for Innovation in Manufacturing Biopharmaceuticals)July 7-8, 2022 Rutgers University Busch Student Center, Piscataway, New JerseyPresenter:...

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Blenders Eyewear Selects PFS for U.S. Fulfillment Operations

ALLEN, Texas, July 05, 2022 (GLOBE NEWSWIRE) — PFS, a premier eCommerce order fulfillment provider and business unit of PFSweb, Inc. (NASDAQ: PFSW), has launched a new U.S. order fulfillment operation for Blenders Eyewear. Inspired by one of his favorite San Diego nightclub DJs and the market need for a mid-priced eyewear option, Chase Fisher founded Blenders to create sunglasses with the same cool factor as leading styles. Now, with celebrity and athlete endorsements around the world, the company is one of America’s fastest-growing sunglasses brands. “Growth in our eCommerce channel drove our need to find a new fulfillment provider that could scale with us,” said Brian O’Connor, COO at Blenders. “PFS’ fulfillment technology and approach to order picking demonstrates their ability to execute scalable eCommerce fulfillment operations...

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Newtek Business Services Corp. Reports Record SBA 7(a) Loan Fundings for the Second Quarter 2022

Company Reaffirms Financial Forecasts for the First Half of 2022 BOCA RATON, Fla., July 05, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), announced today that Newtek Small Business Finance, LLC (“NSBF”) has funded a record amount of SBA 7(a) loans for the three and six months ended June 30, 2022. For the three months ended June 30, 2022, NSBF funded a record $200.6 million in SBA 7(a) loans, which represents a 112.7% increase over $94.3 million SBA 7(a) loan fundings for the three months ended June 30, 2021. For the six months ended June 30, 2022, NSBF funded a record $363.9 million in SBA 7(a) loans, which represents an 83.2% increase over $198.6 million SBA 7(a) loan fundings for the six months ended June 30, 2021. In addition, for the six months...

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US Nuclear Files S-1 and Welcomes Investment From First Institutional Investor

LOS ANGELES, CA, July 05, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – On June 29, 2022, US Nuclear Corp. (OTC-QB: UCLE) filed an S-1 to register all 28,602,600 shares of common stock, of which 17,602,600 are being offered by the early Shareholders, and 11,000,000 are being offered as part of US Nuclear’s transaction with Mast Hill Fund LP to raise $611,000 net working capital.  Mast Hill LP also has the option to purchase additional shares to provide US Nuclear with a second tranche of cash.  Mast Hill LP is US Nuclear’s first institutional investor and has paved the way for US Nuclear to use the working capital to drive more sales revenue, streamline production, and work quickly back to profitability now that the worst of Covid and supply chain problems are behind us, hopefully to attract additional institutional investors. To...

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ChemoCentryx Announces Appointment of Jennifer L. Herron to Board as Independent Director

— Ms. Herron brings more than 25 years of therapeutics commercial experience and brand management to ChemoCentryx Board — SAN CARLOS, Calif., July 05, 2022 (GLOBE NEWSWIRE) — ChemoCentryx, Inc., (Nasdaq: CCXI), today announced that Jennifer L. Herron has been appointed to the Board as an independent director, effective June 28, 2022. With this appointment, the Board increases the number of directors constituting the whole Board from eight to nine. “With more than 25 years developing and refining her therapeutics commercial expertise, Jennifer is uniquely positioned to add immediate value to our TAVNEOS® (avacopan) commercial efforts,” said Thomas J. Schall, Ph.D., President and Chief Executive Officer of ChemoCentryx. “Jennifer’s values closely align with our organization, and we are confident this addition benefits...

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