Day: September 7, 2022

Seatex Acquires ChemQuest Chemicals

Written by Customer Service on September 7, 2022. Posted in Mergers And Acquisitions.

AUSTIN, Texas, Sept. 07, 2022 (GLOBE NEWSWIRE) — Seatex, LLC (“Seatex”, or the “Company”), a leading specialty chemical manufacturer and formulator, is pleased to announce the acquisition of ChemQuest Chemicals, LLC (“ChemQuest”), a custom chemical manufacturer headquartered in Pasadena, Texas. For over twenty-five years, ChemQuest has provided custom toll manufacturing services to customers globally, with expertise in complex blending and reactionary synthesis. This acquisition provides Seatex with enhanced production capabilities, increased capacity and a complementary customer base, representing a diverse set of end-markets. Seatex is a portfolio investment of Cotton Creek Capital. “ChemQuest’s reputation as a leading custom chemical manufacturer, its expansive technical capabilities, along with an accomplished team, led by...

Peritoneal Dialysis Market to Hit Sales of $6.39 Billion by 2028 | India will be Needing Additional 238 million Peritoneal Dialysis Cycles by 2028

Written by Customer Service on September 7, 2022. Posted in Mergers And Acquisitions.

Global peritoneal dialysis market was valued at USD 4.4 billion in 2021, and it is expected to reach a value of USD 6.39 billion by 2028, at a CAGR of more than 6.2% over the forecast period (2022–2028). Westford, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) — As the population grows older, the demand for Peritoneal Dialysis Market is rapidly increasing. Peritoneal dialysis is a type of kidney treatment that uses peritoneal fluid to clean and remove waste from the blood. This treatment is typically used to treat people with kidney failure, but it can also be used to treat other types of diseases. When people need peritoneal dialysis, it can be difficult to find a facility that can provide the service. There are currently over 23,000 facilities around the global peritoneal dialysis market that provide peritoneal dialysis services. This...

Access Control Market to Hit $8.5 Billion Valuation by 2028 | Increased instances of Data Breach and Theft to Spur Market Growth

Written by Customer Service on September 7, 2022. Posted in Mergers And Acquisitions.

Global access control market was valued at USD 8.5 billion in 2021, and it is expected to reach a value of USD 14.2 billion by 2028, at a CAGR of 8.5% over the forecast period (2022–2028). Westford, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) — As the world becomes increasingly interconnected, the need for accessible and secure networks grows. With the advent of connected cars and smart homes, security concerns are only going to increase. This has led to a burgeoning Global Access Control Market, with products designed to protect valuable data and assets from unauthorized access. Access control is becoming an important factor in protecting online resources and data. As businesses continue to grow, they need to find ways to keep their data secure and accessible only to approved personnel. In order to meet this demand, access control systems...

NIO Inc. Reports Unaudited Second Quarter 2022 Financial Results

Written by Customer Service on September 7, 2022. Posted in Earnings Releases And Operating Results.

Quarterly Total Revenues reached RMB10,292.4 million (US$1,536.6 million)iQuarterly Deliveries of the ES8, the ES6, the EC6 and the ET7 were 25,059 vehicles SHANGHAI, China, Sept. 07, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the second quarter ended June 30, 2022. Operating Highlights for the Second Quarter of 2022Deliveries of vehicles were 25,059 in the second quarter of 2022, including 3,681 ES8s, 9,914 ES6s, 4,715 EC6s and 6,749 ET7s, representing an increase of 14.4% from the second quarter of 2021 and a decrease of 2.8% from the first quarter of 2022.Key Operating Results 2022 Q2 2022 Q1 2021 Q4 2021 Q3Deliveries 25,059 25,768 25,034 24,439 2021...

SpringWorks Therapeutics Announces $225 Million Private Placement Financing

Written by Customer Service on September 7, 2022. Posted in Public Companies.

Strengthens Financial Position to Over $600 Million in Cash, Cash Equivalents and Marketable Securities, Upon Closing of the Financing STAMFORD, Conn., Sept. 07, 2022 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today announced that it has entered into a securities purchase agreement with a select group of institutional investors to issue and sell an aggregate of 8,625,520 shares of its common stock at a price per share of $26.01 in a private placement transaction (the “Financing”). SpringWorks anticipates gross proceeds from the Financing to be approximately $225 million, before deducting offering expenses. The closing of the financing is expected to occur on September...

SpringWorks Announces Expansion of Global, Non-Exclusive Collaboration with GSK for Nirogacestat in Combination with Blenrep in Patients with Multiple Myeloma

Written by Customer Service on September 7, 2022. Posted in Public Companies.

– SpringWorks to Receive $75 Million Equity Investment with Potential for an Additional $550 Million in Milestone Payments – – SpringWorks to Supply Nirogacestat for GSK’s Global Blenrep Development Program and to Make Nirogacestat Commercially Available in Markets Where a Combination with Blenrep is Approved – – SpringWorks to Continue Retaining Full Global Commercial Rights to Nirogacestat – STAMFORD, Conn., Sept. 07, 2022 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today announced that it has entered into an expanded global, non-exclusive license and collaboration agreement with GSK plc (LSE/NYSE: GSK) for nirogacestat, SpringWorks’...

UPDATE: Reunion Gold Reports Significant Gold Intersections at Its Oko West Project, Guyana, and Provides a Corporate Update

Written by Customer Service on September 7, 2022. Posted in Public Companies.

Hole D22-135 intersected 5.19 g/t Au over 52.50 m Hole D22-124 intersected 4.12 g/t Au over 49.80 m Hole D22-127 intersected 3.18 g/t Au over 48.50 m Approval of a Prospecting License to the Oko West Project Acceleration of Oko West drilling programLONGUEUIL, Quebec, Sept. 07, 2022 (GLOBE NEWSWIRE) — Reunion Gold Corporation (TSXV: RGD; OTCQB: RGDFF) (the “Company” or “Reunion Gold”) reports significant additional drill results from its ongoing exploration program at Oko West (Figures 1 and Table 1) and is pleased to announce that the Guyana Geology and Mines Commission approved the issuance of a Prospecting License covering the Oko West project area to Reunion Gold Inc., its local subsidiary. Drilling results continue to show a strong level of gold mineralization continuity at the Oko West´s Kairuni zone in terms of widths,...

Cumulus Media’s Westwood One Launches Its 36th Consecutive Season as the Exclusive Primetime Network Radio Partner of the NFL

Written by Customer Service on September 7, 2022. Posted in Public Companies.

Westwood One’s NFL Primetime Game Broadcasts Available to Fans on Westwoodonesports.com, Affiliated Stations’ Primary Digital Platforms, NFL+ and the NFL App for the First Time Coverage Kicks Off September 8 when the Super Bowl Champion Los Angeles Rams Host the Buffalo Bills NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) — CUMULUS MEDIA’s (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., will provide play-by-play coverage of the National Football League’s entire primetime regular season package as well as every postseason game. This season marks the 36th consecutive season that Westwood One is the exclusive primetime network radio partner of the NFL and will be the 50th time that the network will broadcast the Super Bowl to a national audience. For the first time, Westwood One’s NFL game broadcasts will be available...

Sunrise New Energy Announces $11.3 Million Order from CATL, the World’s Largest EV Battery Manufacturer

Written by Customer Service on September 7, 2022. Posted in Public Companies.

ZIBO, China, Sept. 07, 2022 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its joint venture graphite anode manufacturing company has received an order valued at $11.3 million from CATL. CATL is the largest volume EV battery manufacturer in the world and also builds lithium-ion batteries for use in energy storage and commercial applications. CATL trades on the Shenzhen Stock Exchange and has a market capitalization of over $160 billion and has annual sales exceeding $30 billion. CATL rigorously tested samples of Sunrise’s graphite anode before placing the order. The Company believes that it will ship the products out before the end of 2022. The Company had already received an order from CATL valued at $8.4 million dollars and delivered earlier in the...

Fly Play hf.: PLAY carried 109 thousand passengers in August with an 86.9% load factor

Written by Customer Service on September 7, 2022. Posted in Public Companies.

PLAY carried 109 thousand passengers in August with an 86.9% load factor PLAY carried 108,622 passengers in August, a similar number to the previous month when PLAY carried 109,956 passengers. In August, the load factor was 86.9% compared to an 87.9% load factor in July and 79.2% in June. This development is primarily due to the addition of the transatlantic hub-and-spoke model connecting cities in Europe and the United States. In the summer of 2022 PLAY has successfully launched many new destinations and seen very positive development of the existing destinations on the European side of the network. PLAY’s hub-and-spoke network is now up and running with positive effects on the business, including improved aircraft utilization, unit cost declining below our target of USD 4 cents and higher load factor. Forward bookings for the remainder...

Day: September 7, 2022

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