Day: August 15, 2022

The Metals Company Provides Q2 2022 Corporate Update

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the second quarter ending June 30, 2022. Financial HighlightsNet loss of $12.4 million and loss per share of $0.05 for the quarter ended June 30, 2022. Total cash on hand of approximately $46.3 million at June 30, 2022. The Company announced today a private placement financing for an aggregate of 38 million common shares to investors at a price per share of $0.80 ($0.9645 for TMC Chairman & CEO Gerard Barron), with expected gross proceeds of $30.4 million. Approximately 70% of the commitments came from existing TMC shareholders and insiders, including Allseas, ERAS Capital (the...

Biora Therapeutics Provides Corporate Update and Reports Second Quarter 2022 Financial Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Successfully completed PM-602 human study for its targeted therapeutics platform demonstrating promising device performance in active ulcerative colitis patients Successfully completed PM-611 human study for its targeted therapeutics platform in healthy volunteers showing promising performance regardless of feeding schedule Confirmed planned phase 1 IND filing in Q1 based on FDA feedback on PGN-600 program in ulcerative colitis Strengthened patent position for both targeted and systemic therapeutics platforms Management will host conference call and webcast today at 4:30 PM Eastern / 1:30 PM Pacific SAN DIEGO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutics, today provided a corporate update and reported financial results for the second quarter ended...

Senti Bio Reports Second Quarter Financial Results and Business Updates

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

– Lead development candidate selected from SENTI-202 program; on track for IND filing in 2023 – – Expect to present CAR-NK cell therapy program data at multiple scientific conferences in 2022 – – Cash position of $139.8 million as of June 30, 2022 expected to fund current operating plan into 2024 – SOUTH SAN FRANCISCO, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) — Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio”), a biotechnology company innovating next-generation cell and gene therapies using its proprietary gene circuit platform, today reported financial results for the second quarter ended June 30, 2022, and highlighted recent corporate accomplishments, including the selection of a lead development candidate from its SENTI-202 program with an anticipated Investigational New Drug (IND) application...

Navitas Semiconductor, Industry-Leader in Gallium Nitride Power ICs, Announces Acquisition of GeneSiC Semiconductor, Silicon Carbide Pioneer

Written by Customer Service on August 15, 2022. Posted in Mergers And Acquisitions.

Positions Navitas as the only pure-play, next-generation power semiconductor companyNavitas Semiconductor Acquires GeneSiC Navitas Semiconductor Acquires GeneSiC, August 15th, 2022.Pure-play, next-generation power semiconductors to relace legacy silicon chips.EL SEGUNDO, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the industry leader in gallium nitride (GaN) power ICs, today announced the acquisition of GeneSiC Semiconductor, a silicon carbide (SiC) pioneer with deep expertise in SiC power device design and process. The transaction is immediately accretive to Navitas as GeneSiC is highly profitable, with more than 25% EBITDA margins. Calendar 2022 revenues are expected to be approximately $25 million with demonstrated annual growth rates of over 60%. The combined company creates a comprehensive,...

Melcor REIT announces August, September and October 2022 distribution of $0.04 per unit

Written by Customer Service on August 15, 2022. Posted in Dividend Reports And Estimates.

EDMONTON, Alberta, Aug. 15, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the months of August, September and October 2022, unchanged from previous months. The August, September and October distributions will be payable as follows:Month Record Date Distribution Date Distribution AmountAugust 2022 August 31, 2022 September 15, 2022 $0.04 per unitSeptember 2022 September 30, 2022 October 14, 2022 $0.04 per unitOctober 2022 October 31, 2022 November 15, 2022 $0.04 per unitMelcor REIT results for the third quarter ended September 30, 2022 will be released November 3, 2022. Management will host a conference call at 11:00 am ET (9:00 am MT) on Friday, November 4, 2022. Q3 Conference Call Toronto...

Blink Charging Establishes a Strategic Alliance with AES El Salvador to Provide Increased Accessible and Convenient EV Charging as EVs Expected to Grow

Written by Customer Service on August 15, 2022. Posted in Public Companies.

Agreement will help strengthen the charging infrastructure for electric vehicles in El Salvador and provide a path to more sustainable transportation Miami, Fla., Aug. 15, 2022 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced an agreement with AES El Salvador to deploy 50 IQ 200 fast Level 2 chargers in various regions of El Salvador over the next few years. The agreement will accelerate El Salvador’s transition towards cleaner and more sustainable transportation. The Blink chargers will be connected to the advanced Blink Network platform, allowing drivers to locate networked charging stations and utilize the Blink Charging Mobile App. The Blink Network also offers a management portal for administrators...

Brent Tischler joins Old National Bank executive leadership team as Community Banking CEO

Written by Customer Service on August 15, 2022. Posted in Public Companies.

Brent Tischler, Old National Bank Brent Tischler, Old National BankCHICAGO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Old National Bank is pleased to announce Brent Tischler as Community Banking CEO where he will be responsible for all consumer and retail banking segments throughout the company’s midwestern footprint and serve as a member of the Old National Executive Leadership Team. Tischler joins ONB with 24 years of finance and consumer banking experience, most recently serving as EVP, Head of Retail Banking for Associated Bank. He brings extensive knowledge and experience in leading consumer and small business segments, including strategic planning, digital enablement and operating profit responsibility. Tischler is a graduate of the Indiana University Kelly School of Business and earned his MBA from the University of Chicago Booth...

SAKER AVIATION SERVICES, INC. ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED JUNE 30, 2022

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Revenue of $3,453,000 in 2022 up 192.8% Versus $1,179,000 in 2021 Net Income of $722,000 in 2022 Versus Net Income of $577,000 in 2021 NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) — Saker Aviation Services, Inc. (OTCQB: SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the three months ended June 30, 2022. Revenue in the three months ended June 30, 2022 of $3,452,759 was up 192.8 percent from $1,179,064 in the three months ended June 30, 2021. Net income in the three months ended June 30, 2022 of $722,042 was up $144,878 as compared to net income of $577,164 in the same period in 2021. “We are pleased to announce the financial results for the three months ended June 30, 2022 as compared to the same period in 2021,” stated Mark Raab,...

Endexx Q3 Year-Over-Year Quarterly Sales Increase 246%

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

ENDEXX Endexx Top Two Sellers in PharmaciesEndexx Announces Fiscal Third Quarter 2022 CAVE CREEK, AZ, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx Corporation (OTC: EDXC), a provider of innovative plant based and sustainable health and skincare products now available in 8,000 Mass Retail and Pharmacy stores nationwide, today announced its Form 10Q, third quarter ending June 30, 2022. Endexx continues to rebound and show growth in mass retail sales. The 8000 mass retail stores are in the early stages of growth and are anticipated to fluctuate and grow over the remainder of fiscal 2022 and accelerate in 2023 and 2024 respectively. Endexx reported $418,151 in revenues in its third quarter of fiscal 2022 versus $120,801 in the third quarter of fiscal 2021, a 246% increase. Additionally, nine-month numbers showed...

Ethema Reports Second Quarter Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

West Palm Beach, FL, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”), filed today, the second quarter 2022 10-Q. The Company’s ARIA subsidiary continued its growth and had a $404,700.00 EBITDA for the second quarter which was a 117% increase over the first quarter of 2022. The increase was a result of the additional beds added in the last month of the quarter and an increase in reimbursement rates that took effect early in the quarter. The Company’s wholly owned subsidiary, PB Billing LLC, which started operating in May 2022, had an EBITDA of $3,906.00 for the second quarter. The Company previously announced that it has entered into an option to purchase the building at 950 Evernia Street, West Palm Beach. This building is leased by...

Day: August 15, 2022

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