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Month: August 2022

Acerus Announces Resignation of CFO Effective November 20, 2022

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX:ASP; OTCQB:ASPCF) today announced that Robert Motz has informed the Company of his decision to resign as Chief Financial Officer effective November 20, 2022. Acerus has begun a process to search for a new CFO and will provide an update at a future date. “I would like to thank Bob for his contributions over the past four years,” said Edward Gudaitis, President and Chief Executive Officer of Acerus Pharmaceuticals. “He has been a key contributor to our success, and we wish him the very best in the next phase of his career.” About Acerus Acerus Pharmaceuticals Corporation is a specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience,...

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Cowen Continues To Build Leading Cross-Asset Team With Four Significant Hires

NEW YORK, Aug. 23, 2022 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced four key additions to the firm’s global Cross-Asset Division. Eric Friel has joined the firm as Managing Director & Head of Credit Strategy, Charles Howard as Managing Director of Cross-Asset Trading and Rob Karen and Pete Siedem both as Directors in Cross-Asset Sales. All will report to Jay McDermott and Burt Welly, Co-Heads of Cowen’s Cross-Asset Division, and Philip Cushman, Head of Global Equity and Cross-Asset Sales. “As we continue to enhance the suite of services and capabilities our Cross-Asset team can deliver in order to further capitalize on the strong opportunities we see in this space, we’re excited to welcome these great hires to the team,” said Jay McDermott. “Eric, Chuck, Rob and Pete not only bring...

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Baozun Applied for Voluntary Conversion to Dual-Primary Listing on The Main Board of The Stock Exchange of Hong Kong Limited

SHANGHAI, China, Aug. 23, 2022 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun” or the “Company“), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that the Company has made an application for a voluntary conversion of its secondary listing status to a primary listing status (the “Primary Conversion”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”). On August 23, 2022, the Company received the acknowledgement from the Hong Kong Stock Exchange in respect of the Primary Conversion application. The effective date of the Primary Conversion is expected to be November 1, 2022. To comply with The Rules Governing the Listing of Securities on the Hong Kong Stock Exchange...

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HSBC Bank Plc – FORM 38.5(a) (EPT/RI) – Bank of Cyprus Holdings plc

FORM 38.5(a) (EPT/RI) IRISH TAKEOVER PANEL DEALING DISCLOSURE UNDER RULE 38.5(a) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS AND DEALING IN A CLIENT-SERVING CAPACITY 1.            KEY INFORMATION(a)   Name of exempt principal trader: HSBC Bank Plc(b)   Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Bank of Cyprus Holdings plc(c)   Name of the party to the offer with which exempt principal trader is connected: (Note 1) Offeree – Bank of Cyprus Holdings plc(d)   Date dealing undertaken: 22-August-2022(e)   In addition to the company in 1(b) above, is the exempt principal trader also making disclosures in respect of any other party to the offer? If...

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ApartmentLove Signs Agreement Providing Access to Global Inventory of 120K Short-Term Vacation Rentals

CALGARY, Alberta, Aug. 23, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to owners, renters, and vacationers nationwide is pleased to announce it has entered into an Affiliate Agreement (the “Agreement”) with one of the largest vacation rental facilitators online today. The listing partner maintains an active inventory of more than 120,000 short-term vacation rentals in more than 80-countries on 6-continents around the world and will extend their entire rental inventory to ApartmentLove.com via dedicated API data transfer feed ensuring safety, reliability, efficiency, and superior access for the millions of people that visit ApartmentLove platforms each year. Per the Agreement, ApartmentLove will earn...

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Rafael Holdings Sells its Building Located at 520 Broad Street in Newark, New Jersey and Associated 800-Car Public Garage

NEWARK, N.J., Aug. 23, 2022 (GLOBE NEWSWIRE) — Rafael Holdings, Inc., (NYSE: RFL), an early-stage novel cancer and immune metabolism therapeutics company, today announced that it has closed on the sale of the building housing its headquarters to affiliates of The Sinai Equity Group. The building located at 520 Broad Street in Newark, New Jersey and an associated 800-car public garage sold for a total purchase price of $49.4 million. Rafael Holdings expects net proceeds of approximately $33 million after paying down the $15 million mortgage and the payment of commissions, legal fees, taxes, and other costs. The company previously reported cash, cash equivalents and marketable securities of $59.4 million as of April 30, 2022, which does not include the $6M raised through the sale of common stock to an entity associated with members...

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Brookfield Infrastructure Signs Definitive Agreement with Intel

BROOKFIELD, News, Aug. 23, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”), has signed a definitive agreement with Intel Corporation (“Intel”) to jointly fund Intel’s under-construction semiconductor fabrication facility located in Chandler, Arizona.  Intel’s announcement can be accessed here: https://www.intc.com/news-events/press-releases/detail/1568/intel-advances-smart-capital-introduces-first-of-its-kind. The arrangement supports Intel’s continued build-out of U.S. semiconductor manufacturing capabilities. It also highlights the important role Brookfield Infrastructure expects to play in assisting leading companies like Intel onshore part of the digital backbone of the global economy with the support...

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GH Research Reports Second Quarter 2022 Financial Results and Provides Business Updates

DUBLIN, Ireland, Aug. 23, 2022 (GLOBE NEWSWIRE) — GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the second quarter ended June 30, 2022 and gave updates on its business. Second Quarter 2022 Financial Highlights Cash position Cash was $265.4 million as of June 30, 2022, compared to $276.8 million as of December 31, 2021. We believe that our existing cash will be sufficient for us to fund our operating expenses and capital expenditure requirements into 2025. Research and development expenses R&D expenses were $4.2 million for the quarter ended June 30, 2022, compared to $2.0 million for the same quarter in 2021. The increase was primarily due to increased activities relating to our...

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BOS Reports Second Quarter of the Year 2022 Financial Results

Growth of 12% in Revenues as compared to Second Quarter of 2021 RISHON LE ZION, Israel, Aug. 23, 2022 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) reported its financial results for the second quarter of the year 2022. Revenues for the second quarter of 2022 grew by 12% to $10.3 million from $9.2 million in the comparable quarter last year. Gross profit margin for the second quarter of 2022 improved to 21.4%, compared to 17.3% in the comparable quarter last year. Operating profit for the second quarter grew by 315% to $537,000 compared to an operating profit of $129,000 in the comparable quarter last year. EBITDA for the second quarter increased to $652,000 from $207,000 in the comparable quarter last year. Financial expenses for the second quarter of 2022 increased...

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GDS Holdings Limited Reports Second Quarter 2022 Results

SHANGHAI, China, Aug. 23, 2022 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial HighlightsNet revenue increased by 24.0% year-over-year (“Y-o-Y”) to RMB2,310.4 million (US$344.9 million) in the second quarter of 2022 (2Q2021: RMB1,863.9 million). Service revenue increased by 23.6% Y-o-Y to RMB2,302.7 million (US$343.8 million) in the second quarter of 2022 (2Q2021: RMB1,863.0 million). Net loss was RMB375.3 million (US$56.0 million) in the second quarter of 2022 (2Q2021: net loss of RMB298.5 million). Adjusted EBITDA (non-GAAP) increased by 18.6% Y-o-Y to RMB1,062.2 million...

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