Day: September 8, 2022
SANTA ANA, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Stephen G. Oswald, the Company’s chairman, president and chief executive officer, and Christopher D. Wampler, vice president, chief financial officer, controller and treasurer, will participate in the upcoming RBC Capital Markets Global Industrials Conference on September 14th, 2022. Institutional investors are welcome to contact RBC Capital Markets to arrange one-on-one meetings with management.
About Ducommun Incorporated
Ducommun Incorporated delivers value-added innovative products and manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the Company specializes in two core areas – Electronic Systems and Structural Systems –...
H-CYTE Completes Acquisition of Jantibody
Written by Customer Service on . Posted in Mergers And Acquisitions.
Milestone Achieved as Immunotherapeutic Agent Under Investigation for the Treatment of Ovarian Cancer Added to Asset Portfolio
TAMPA, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) — H-CYTE, Inc. (OTCQB: HCYT), a medical biosciences company, announced today that the Company completed the acquisition of Jantibody.
Highlights:Jantibody allows H-CYTE to diversify its asset portfolio
Focus indication for ovarian cancer with the potential to be used for other diseases such as mesothelioma and pancreatic cancer
H-CYTE plans to submit the Pre-IND submission for Jantibody in the second half of 2022
Plan to file for Orphan Drug Designation for Jantibody along with IND submission, which would grant the benefit of 7-year market exclusivity
Equity proceeds funded the acquisition of Jantibody“Closing the Jantibody transaction marks a pivotal milestone...
MasterCraft Boat Holdings, Inc. Sells NauticStar Business to Iconic Marine Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
VONORE, Tenn., Sept. 08, 2022 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that its NauticStar business was acquired by a subsidiary of Iconic Marine Group. Iconic Marine Group assumed substantially all liabilities related to the NauticStar business and intends to continue operating the NauticStar business as usual. The transaction, which closed on September 2, 2022, is subject to a customary working capital adjustment.
Fred Brightbill, Chief Executive Officer and Chairman of MasterCraft Boat Holdings, commented, “The sale of the NauticStar business to Iconic Marine Group will better position MasterCraft to drive profitable growth. I am confident that focusing on our MasterCraft, Crest and Aviara brands will drive enhanced value for MasterCraft shareholders, and that NauticStar...
The Lovesac Company Reports Second Quarter Fiscal 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Net Sales Growth of 45.0% Comparable Sales Growth of 31.1%
STAMFORD, Conn., Sept. 08, 2022 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch™, today announced financial results for the second quarter of fiscal 2023, which ended July 31, 2022.
Shawn Nelson, Chief Executive Officer, stated, “We are pleased with our second quarter results with top and bottom line performance that exceeded expectations including total net sales growth of 45% and Adjusted EBITDA of $14.1 million. We delivered these results against an industry backdrop that proved challenging for many, illustrating our market share gains off of a very small base in a large and fragmented total addressable couch + home audio market of $46.2...
REPEAT – TAAT® to be Sold in All 34 Texas Buc-ee’s Stores by Monday September 12
Written by Customer Service on . Posted in Public Companies.
The Company confirms TAAT® Original, Smooth, and Menthol will be sold in all 34 Texas Buc-ee’s locations by Monday, September 12, 2022. Buc-ee’s will be the Company’s “Anchor Account” in TexasPhoto 1
TAAT® is already stocked in the tobacco product displays of several Buc-ee’s locations in the state of Texas, including the “world’s largest convenience store” in New Braunfels, TX (pictured above). By Monday, September 12, 2022, all 34 Texas Buc-ee’s locations will be carrying TAAT® products.LAS VEGAS and VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) — TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) is pleased to announce that its flagship product TAAT® will be sold in all 34 Buc-ee’s locations in the state of Texas by Monday, September 12, 2022, as part of the...
Sernova to Present at H.C. Wainwright Annual Global Investment Conference and LifeSci Partners HealthTech Symposium
Written by Customer Service on . Posted in Public Companies.
LONDON, Ontario, Sept. 08, 2022 (GLOBE NEWSWIRE) — Sernova Corp. (TSX:SVA) (OTCQB:SEOVF) (FSE/XETRA:PSH), a clinical-stage company and leader in regenerative medicine cell therapeutics, today announced it will be presenting at the upcoming H.C. Wainwright 24th Annual Global Investment Conference being held in New York, NY from September 12-14, 2022, as well as the LifeSci Partners HealthTech Symposium being held September 20-21, 2022. Company management will also be engaging in 1×1 meetings at the H.C. Wainwright conference.H.C. Wainwright 24th Annual Global Investment Conference – September 12-14, 2022Date:
Tuesday, September 13, 2022Time:
9:00 – 9:30 AM ETLocation:
Lotte New York PalacePresenter:
Dr. Philip Toleikis, President & CEO, Sernova CorpWebcast:
https://journey.ct.events/view/0510fdaf-5167-4406-a0fe-d487089da046Conference...
GT Biopharma to Participate in the H.C. Wainwright 24th Annual Global Investment Conference in September
Written by Customer Service on . Posted in Public Companies.
BRISBANE, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — GT Biopharma, Inc. (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager, TriKE® platform, today announced that management will present in-person at H.C. Wainwright’s 24th Annual Global Investment Conference taking place September 12-14, 2022 at the Lotte New York Palace. Company management will also be participating in 1×1 meetings during the event.H.C. Wainwright 24th Annual Global Investment Conference – September 12-14, 2022
Title:
GT Biopharma (GTBP) Company PresentationDate:
Tuesday, September 13, 2022Time:
10:30 – 11:00 am EDTLocation:
Kennedy II, 4th Floor, Lotte New York PalaceWebcast Link:
Register here*a replay of...
Parsons to Present at The Morgan Stanley 10th Annual Laguna Conference
Written by Customer Service on . Posted in Public Companies.
CENTREVILLE, Va., Sept. 08, 2022 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will present at the 2022 Morgan Stanley 10th Annual Laguna Conference in Dana Point, California on Wednesday, September 14, 2022, at approximately 1:25 p.m. Pacific Time (4:25 p.m. Eastern Time).
This presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com/). A replay of the webcast also will be available on the website for 30 days.
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, C5ISR, transportation,...
Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Net Income$45.0 million net income in Q2 2022
$40.0 million net income in H1 2022Revenue10.9% increase to $159.2 million in Q2 2022
10.1% increase to $287.0 million in H1 2022Cash from operating activities$69.7 million cash provided by operating activities in Q2 2022
$86.1 million cash provided by operating activities in H1 2022EBITDA, a non-GAAP measure22.8% increase to $98.9 million in Q2 2022
27.8% increase to $172.7 million in H1 2022Recent Developments$835.0 million sale of 36-vessel drybulk fleet completed
$784.2 million reduction in liabilitiesPost sale63.8% controlling stake in NSAL
10.3% passive stake in NMMGRAND CAYMAN, Cayman Islands, Sept. 08, 2022 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), a global seaborne shipping and logistics...
Wallbridge Commissions Updated Detour-Fenelon Gold Trend Resource Estimate and Commences Work on Preliminary Economic Assessment
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced that it has commissioned an update to the 2021 mineral resource estimate for its flagship Fenelon Gold (“Fenelon”) and Martiniere (“Martiniere”) project (the “2023 MRE”). In addition, the Company has initiated a preliminary economic assessment (“PEA”) of Fenelon.
For Fenelon, the 2023 MRE will incorporate data from an additional 100,000 metres of drilling completed since the 2021 MRE, and will focus on optimizing the resource for a predominantly underground bulk mining operation, as opposed to the less selective large open pit approach used in 2021. The 2023 MRE will also include an updated resource for Martiniere, situated 30 km west of Fenelon, where the Company has completed an additional...