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Day: August 12, 2022

Terns Announces $65 Million Oversubscribed Offering

FOSTER CITY, Calif., Aug. 12, 2022 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology, obesity and non-alcoholic steatohepatitis (NASH), today announced that it has agreed to sell, by way of an underwritten public offering, 12,250,000 shares of its common stock at a price of $2.42 per share and, to certain investors in lieu of common stock, pre-funded warrants to purchase 14,630,000 shares of common stock at a price of $2.4199 per pre-funded warrant, for expected aggregate gross proceeds of approximately $65.0 million, before deducting underwriting discounts and commissions and other offering expenses. The purchase price per share of each pre-funded...

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Century Announces Filing of First Quarter Financial Results and Management Discussion and Analysis for Three Months Ended June 30, 2022

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION INTHE UNITED STATES OR TO U.S. NEWS AGENCIES HONG KONG, Aug. 12, 2022 (GLOBE NEWSWIRE) — Century Global Commodities Corporation (“Century” or the “Company”) (TSX: CNT) is pleased to announce that it has filed its condensed consolidated interim financial statements for the first fiscal quarter ended June 30, 2022 and the related management discussion and analysis (“MD&A”). Copies of these documents are available under Century’s SEDAR profile at www.sedar.com and will also be posted on Century’s website at www.centuryglobal.ca. As of June 30, 2022, the Company had strong net working capital1 of $10.2 million, consisting of cash, bank deposits and marketable securities totaling $8.2 million, together with accounts receivables and other current assets of $4.5 million, less accounts payable...

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SciSparc Issued Israeli Patent for its Core Technology for Treating Central Nervous Systems Disorders

Patent extends protection for SciSparc’s novel compounds and methods already granted in the U.S., Australia and Japan TEL AVIV, Israel, Aug. 12, 2022 (GLOBE NEWSWIRE) — SciSparc Ltd. (NASDAQ: SPRC), a specialty, clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system (the “Company” or “SciSparc”), today announced it has been granted an Israeli patent for its core technology that treats central nervous systems disorders. The invention relates to “Pharmaceutical compositions comprising cannabinoids and N-acylethanolamines, and methods for their use in preventing and treating a variety of cannabinoid-treatable conditions.” “Our IP portfolio continues to grow, and it is one of our greatest and most important assets which distinguishes us from other...

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Identity and Access Management Cyber-Security Provider BIO-key’s Q2 Revenue Rises 96% to $1.9M, Driven by Growth in Software, Services and Products; Investor Call Today at 10am ET

WALL, N.J., Aug. 12, 2022 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer identity and access management (IAM) and large-scale identity solutions, featuring Identity-Bound Biometrics (IBB), today reported results for its second quarter ended June 30, 2022 (Q2’22). BIO-key is hosting a conference call today at 10:00 a.m. ET (details below) to review its results and outlook. Highlights:Q2’22 revenues rose 96% to $1.9M from $1.0M in Q2’21, driven by a $0.5M increase in software license fees, as well as $0.3M and $0.15M increases in hardware and services revenue, respectively. Expanded PortalGuard Penetration with new customers, including YYK Enterprises Operations and a Texas City and New Channel Alliance Program partners, including the Amazon Web Services Partner...

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Rapid Micro Biosystems Provides Business Update and Reports Second Quarter 2022 Financial Results

Reports second quarter 2022 commercial revenue of $3.9 million Lowers full year 2022 commercial revenue guidance to at least $17.0 million Implements organizational restructuring plan to right-size cost structure with focus on enhancing commercial execution and key product development programs to drive revenue growth CEO Robert Spignesi to assume commercial leadership responsibilities Announces review of strategic alternatives and rejection of Kennedy Lewis Management Proposal LOWELL, Mass., Aug. 12, 2022 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced its financial results for the second quarter ended...

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Nokia Corporation – Managers’ transactions (Batra)

Nokia CorporationManagers’ transactions12 August 2022 at 14:30 EEST Nokia Corporation – Managers’ transactions (Batra) Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________Person subject to the notification requirementName: Nishant BatraPosition: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 18355/7/6____________________________________________ Transaction date: 2022-08-11Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009000681Nature of the transaction: ACQUISITION Transaction details(1): Volume: 1234 Unit price: 5.0645 EUR Aggregated transactions(1): Volume: 1234 Volume weighted average price: 5.0645 EUR About NokiaAt Nokia, we create technology that helps the world...

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NOTICE REGARDING ORKELA UAB FINANCIAL STATEMENTS FOR THE 6-MONTH PERIOD OF 2022

Basic data about the Company UAB “Orkela” (hereinafter – the Company) is a closed joint-stock company, registered in VĮ “Registrų centras” in 2015. September 24 The Company’s main activity is real estate development and construction. The company owns a plot of land and a complex of buildings located on Vasario 16-osios g. 1, Vilnius. Office address: Jogailos st. 4, Vilnius. The company has no branches or representative offices. The Company’s main activity is real estate development and construction. The company is developing a complex of lyceum and short-term accommodation facilities near Vilnius St. Church and Monastery of Apostles Philip and James. The Company is expected to complete the project in 2023. Highlights of 2022 events of the first half of the year ■ In January and June 2022, the Company...

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NTG Nordic Transport Group publishes interim report for H1 2022

Company announcement no. 9 – 22 12 August 2022 NTG Nordic Transport Group publishes interim report for H1 2022 and launches share buy-back program NTG publishes interim report for H1 2022 The interim report for H1 2022 is enclosed. In connection with publication of the results for H1 2022, a conference call will be hosted on 15 August 2022 at 10:00 AM CEST. The conference call will be held in English and can be followed live via NTG’s website; investor.ntg.com. NTG launches share buy-back program The Board of Directors of NTG has decided to launch a share buy-back program in accordance with the authorisation granted to the Board of Directors on the Annual General Meeting held 16 April 2020. The authorisation covers share buy-backs up to a maximum of 10% of the Company’s share capital at any given time and is valid until 16 April...

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UNITY Biotechnology, Inc. Reports Second Quarter 2022 Financial Results and Business Updates

– Announced Positive Data in Phase 2 BEHOLD Study of UBX1325 in Patients with Diabetic Macular Edema; single injection in subjects led to statistically significant and clinically meaningful improvement in BCVA and CST with favorable safety profile at 12 and 18 weeks – – Near-Term Milestones include 24-week Data in BEHOLD and 16-week Data in Phase 2 ENVISION Study of UBX1325 in Patients with Wet Age-Related Macular Degeneration by Year-End – – Tie2/VEGF Bispecific Program Achieved Advanced Candidate Nomination – – As of June 30, 2022, UNITY had approximately $64.5 million in cash, cash equivalents and marketable securities, providing runway through Q1 2023 – SOUTH SAN FRANCISCO, Calif., Aug. 12, 2022 (GLOBE NEWSWIRE) — UNITY Biotechnology, Inc. (UNITY) [NASDAQ:UBX], a biotechnology...

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Venus Concept Announces Second Quarter of Fiscal Year 2022 Financial Results; Updates Fiscal Year 2022 Revenue Guidance

TORONTO, Aug. 12, 2022 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced financial results for the three and six months ended June 30, 2022. Second Quarter 2022 Summary & Operating Highlights:Total revenue of $27.3 million, up $1.4 million, or 6%, year-over-year.U.S. revenue up 7% year-over-year. Total subscription and system revenue up 9% year-over-year.GAAP net loss attributable to stockholders of $10.6 million, compared to net income of $0.4 million last year.Second quarter 2021 GAAP net loss attributable to stockholders included approximately $6 million of non-cash gain and bad debt recovery which did not benefit GAAP net loss attributable to stockholders in the second quarter of 2022.Adjusted EBITDA loss of $5.5...

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