Alvotech Reports First Half 2022 Financial Results and Business Update

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

Secured funding of approximately $185 million in gross proceeds through the merger with OACB (the “Business Combination”) and private placement investment in public equity (PIPE) financing Debuted as publicly traded company on Nasdaq Stock Exchange in U.S. and on Nasdaq First North Market in Iceland; Board approved plan to move Iceland listing to Nasdaq Main Market Revenues for first half of 2022 increased to $40 million, driven by revenue from milestones related to pipeline progress and recent launches of AVT02 (adalimumab) in Canada and certain European markets Continued progress of the pipeline, including becoming the 2nd company to report positive topline results from a patient study for a proposed biosimilar to Stelara® Management to conduct a business update conference call and live webcast on Thursday, September 1, 2022, at...

Orca Energy Group Inc. Publication of Sustainability Report

Written by Customer Service on August 31, 2022. Posted in Public Companies.

TORTOLA, British Virgin Islands, Aug. 31, 2022 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has published its first sustainability report (the “Sustainability Report“). The Sustainability Report reflects on the Company’s progress on delivering its sustainability principles and framework, laying the groundwork for a number of future projects. The Company’s goal is to create long-term sustainable and accretive value for all of our stakeholders, whilst contributing to Tanzania’s transition away from more carbon intensive sources of energy in the transition to a lower carbon future. Jay Lyons, Chief Executive Officer, commented: “This is our maiden Sustainability Report and we are proud of the progress we made...

Deepening the Commitment to Lowering Rising Healthcare Administrative Costs and Burdens, Signature Performance Acquires Atwater Solutions, LLC

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

OMAHA, Neb., Aug. 31, 2022 (GLOBE NEWSWIRE) — Signature Performance is pleased to announce the acquisition of Atwater Solutions, LLC based out of Philadelphia, Pennsylvania. The driver of bringing these two distinguished organizations together is to serve the healthcare industry in a bigger way. Currently, Atwater Solutions represents several highly respected healthcare providers throughout the United States, specializing in healthcare technology consulting. Atwater Solutions provides an exceptional level of talent, expertise, and proven outcomes. This union offers a strengthened commitment to the healthcare industry when coupled with Signature’s widely acclaimed healthcare administrative capabilities that serve payers and providers. Both firms are laser focused on providing quality services, and an uncommon dedication to...

Ackrell SPAC Partners I Co. Announces Termination of Business Combination Agreement by North Atlantic Imports, LLC d/b/a Blackstone Products, and Resulting Trust Liquidation

Written by Customer Service on August 31, 2022. Posted in Public Companies.

New York, NY, Aug. 31, 2022 (GLOBE NEWSWIRE) — Ackrell SPAC Partners I Co. (NASDAQ: ACKIU) (the “Company”), a special purpose acquisition company, announced today that, on August 27, 2022, the Company received a notice from North Atlantic Imports, LLC (“NAI”) purporting to unilaterally terminate the Business Combination Agreement dated as of December 22, 2021 by and between the Company, NAI, Ackrell Merger Sub Inc., Roger Dahle, and North Atlantic Imports, Inc. (the “BCA”). As previously reported in the Company’s Current Report on Form 8-K filed on August 25, 2022, NAI had declined to loan the Company the $200,000 requested pursuant to the Company’s promissory note dated June 21, 2022 issued to NAI, in the principal amount of up to $600,000 (the “NAI Promissory Note”). Prior to the close of business today, August 31, the Company...

Western Forest Products Inc. Completes Acquisition of Calvert Company

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Aug. 31, 2022 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced its wholly owned subsidiary, WFP Engineered Products LLC, has completed the acquisition of certain assets of Calvert Company, Inc. (“Calvert”) located in Washington State. “We are thrilled to welcome Calvert’s employees to Western,” said Don Demens, Western’s President and CEO. “This acquisition is an exciting new chapter for Western as we seek to position the company as a market leader in the growing solid wood engineered product segment. The acquisition is consistent with our strategy of moving up the value chain by adding to our portfolio of value added products.” Calvert is one of the oldest glulam manufacturers in the U.S. and has more than 60 years of experience producing high...

R1 RCM to Present at the Baird 2022 Global Healthcare Conference

Written by Customer Service on August 31, 2022. Posted in Public Companies.

MURRAY, Utah, Aug. 31, 2022 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced its management team will present at the Baird 2022 Global Healthcare Conference on Wednesday, September 14, 2022, at 11:25 am ET. A live audio webcast of the presentation will be available on the Investor Relations section of R1’s website at r1rcm.com. A replay of the webcast will be available for 90 days following the live webcast. About R1 RCM R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s...

Simply Better Brands Corp. Announces New 10% Insider

Written by Customer Service on August 31, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 31, 2022 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (“SBBC” or the “Company“) (TSX Venture: SBBC, OTCQB: PKANF) announces today that further to its news release of August 29, 2022, upon the closing of the third tranche (the “Third Tranche”) of the private placement of common shares of the Company (“Common Shares”) previously announced on July 21, 2022 (the “Private Placement”), IV M Investments LP (“IV M”) owns and has control and direction over, directly or indirectly, 4,301,694 Common Shares, or approximately 10.28% of the issued and outstanding Common Shares. Immediately prior to the closing of the Third Tranche, IV M owned and had control and direction over, directly or indirectly, 2,945,762 Common Shares, or approximately 7.53% of the issued and outstanding Common...

Monarch Provides an Update on Its Operations at the Beaufor Mine

Written by Customer Service on August 31, 2022. Posted in Public Companies.

MONTRÉAL, Aug. 31, 2022 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it has made the decision to slow down mining operations at its wholly-owned Beaufor Mine, located east of Val-d’Or, Quebec. The Beacon Mill operations will not be impacted. The restart and ramp-up of the Beacon Mill have been slower than expected and the availability for the months of July and August has been approximately 50% of its capacity of 750 tpd. The ramp-up has been impacted by a number of mechanical and procurement problems as well as technical problems with the grade reconciliation of the stockpile already at the Beacon site, which included a low-grade pile and development ore that turned out to be lower grade than expected. As a result, cash flow from milling operations...

Chair of Sangoma Technologies Corporation Reports Updated Ownership Position

Written by Customer Service on August 31, 2022. Posted in Public Companies.

TORONTO, Aug. 31, 2022 (GLOBE NEWSWIRE) — This press release is being disseminated as required by National Instrument 62‐103 ‐ The Early Warning System and Related Take Over Bids and Insider Reporting Issuers in connection with the filing of an early warning report (the “Early Warning Report”) by Noman A. Worthington, III in respect of his ownership position in Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (the “Corporation”). On March 31, 2021, the Corporation acquired of all of the shares of StarBlue Inc. (“StarBlue”) pursuant to the terms of a stock purchase agreement dated as of January 28, 2021 between, inter alia, the Corporation, StarBlue and Star2Star Holdings, LLC (“S2S Holdings”) (the “Acquisition Agreement”). As partial consideration for its acquisition of StarBlue (the “Transaction”), the Corporation agreed...

AutoZone to Release Fourth Quarter Earnings September 19, 2022

Written by Customer Service on August 31, 2022. Posted in Public Companies.

MEMPHIS, Tenn., Aug. 31, 2022 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its fourth quarter ended Saturday, August 27, 2022, before market open on Monday, September 19, 2022. Additionally, the Company will host a one-hour conference call on Monday, September 19, 2022, beginning at 10:00 a.m. (EDT), to discuss the results of the quarter. This call is being web cast and can be accessed, along with supporting slides, at AutoZone’s website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing 888-506-0062, passcode 404601. In addition, a telephone replay will be available by dialing 877- 481-4010, replay passcode 46463 through October 03, 2022. About AutoZone: As...

Month: August 2022

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