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Day: November 18, 2022

LEADERSHIP UPDATE AND CEO SUCCESSION

  LEADERSHIP UPDATE AND CEO SUCCESSION Amsterdam, the Netherlands – Flow Traders N.V. (Euronext: FLOW) announces that Dennis Dijkstra has decided not to seek reappointment as Chief Executive Officer and member of the Management Board. Mike Kuehnel, currently serving as Chief Financial Officer and member of the Management Board, will become Chief Executive Officer effective 1 February 2023. Dennis Dijkstra has conveyed to the Supervisory Board his intention not to stand for reappointment to the Management Board at the 2023 Annual General Meeting. Dennis joined Flow Traders as Chief Financial Officer in 2009 and was first appointed Co-CEO in January 2014 and subsequently CEO in May 2019. He has been a member of the Management Board since Flow Traders’ IPO in 2015. The Supervisory Board has unanimously decided that Mike Kuehnel will...

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Proactive news headlines including Chase Mining Corporation, AuTECO Minerals, Kin Mining and Riversgold

Sydney, Nov. 18, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Chase Mining Corporation Ltd (ASX:CML) has surged on completion of the “transformational” acquisition of Green Critical Minerals Pty Ltd, earning the company an 80% interest in the graphite mineral rights contained in the McIntosh Graphite project, the third largest ASX-listed graphite project in Australia. Click here AuTECO Minerals Ltd (ASX:AUT) has signed a milestone exploration agreement with Mishkeegogamang Ojibway First Nation (MOFN) which provides certainty regarding all pre-mining exploration activities within the traditional territories of MOFN at the Pickle Crow Project in Canada. Click here Kin Mining NL (ASX:KIN) has intersected broad zones...

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WISeKey’s FY 2022 Semiconductor Revenue Continues to Surge; 2023 to be a Truly Transformative Year with Revenues Expected to Grow by Over 40% as compared to FY 2022

WISeKey’s FY 2022 Semiconductor Revenue Continues to Surge; 2023 to be a Truly Transformative Year with Revenues Expected to Grow by Over 40% as compared to FY 2022 WISeKey’s IoT segment is expected to generate FY 2022 revenue of approximately $22.7 million, an increase of over 34% as compared to FY 2021 revenue of $16.9 million. For FY 2023, WISeKey’s semiconductor division secured contracts support a revenue increase of over 40%, as compared to FY 2022, while pipeline of opportunities amounts to $100 million. https://www.wisekey.com/solutions/iot-connected-devices/iot-security/ ZUG, Geneva, Switzerland – November 18, 2022: Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or the “Company”), a leading cybersecurity, IoT, and AI platform company, today...

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Nyrstar NV –  Court of Appeals confirms revoking of appointment panel of corporate law experts and halting of company law expert investigation

Nyrstar NV –  Court of Appeals confirms revoking of appointment panel of corporate law experts and halting of company law expert investigation 18 November 2022 at 7am CET Regulated information – inside information Nyrstar NV (the “Company”) today provides an update on the appeal proceedings in connection with a first judgment dated 30 October 2020 (the “Original Judgment”) and two subsequent judgments dated 2 July and 9 November 2021 (the “Judgments”) of the President of the Antwerp Enterprise Court (Antwerp division). The Antwerp Court of Appeals confirmed that the appointment of the panel of corporate law experts be revoked and the expert investigation halted. BackgroundAs mentioned in the Company’s press release of 30 October 2020, in its Original Judgment, the President of the Antwerp Enterprise Court...

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Balincan USA Inc. (BCNN) Letter to our Shareholders

Figure 1 Internet of Things Market SizeFigure 2 Customer ProjectsFigure 3 Tekumo Product SuiteCOLORADO SPRINGS, Colo., Nov. 18, 2022 (GLOBE NEWSWIRE) — This is the BCNN Board of Directors letter to shareholders. To our Shareholders This is the first letter to our shareholders, and we are excited to share with you our vision for the Company after our merger with Tekumo LLC in June. Tekumo means “Tech Cloud” in Japanese. In a world of smart, connected devices, there remains a “last-mile” issue of installing, monitoring, and managing such systems. Product and service companies all need a new service model. Tekumo is reinventing that process by deploying an intelligent service delivery platform that provides the “human link” in the installation and maintenance of technology systems, as well as providing a “smart interface”...

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360 DigiTech Launches Global Offering

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced the launch of its global offering (the “Global Offering”) of 5,540,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 560,000 Class A ordinary shares commencing today (the “Hong Kong Public Offering”) and an international offering of initially 4,980,000 Class A ordinary shares commencing today (the “International Offering”), and listing of the Company’s Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) under the stock code “3660.” The Company’s American depositary shares (the “ADSs”), each representing two Class A ordinary shares of the Company,...

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PaxMedica, Inc. Enters Into Committed Equity Investment Agreement for up to $20 Million With Lincoln Park Capital

-Agreement Provides Flexible Funding on Path to NDA Submission for PAX-101- TARRYTOWN, NY, Nov. 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, today announced that the Company has entered into a purchase agreement and registration rights agreement (together, the “Agreement”) for up to $20 million with Lincoln Park Capital Fund, LLC (“Lincoln Park”). Under the terms and conditions of the Agreement, including effectiveness of a related registration statement, the Company has the right, but not the obligation, to sell up to $20 million of its shares of common stock to Lincoln Park over a 30-month period,...

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G1 Therapeutics Announces Pricing of Offering of Common Stock

RESEARCH TRIANGLE PARK, N.C., Nov. 17, 2022 (GLOBE NEWSWIRE) — G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company, today announced the pricing of an underwritten public offering of 7,700,000 shares of its common stock at a public offering price of $6.50 per share, for total gross proceeds of $50,050,000. All of the shares in the offering will be sold by G1 Therapeutics. In addition, G1 Therapeutics has granted the underwriters a 30-day option to purchase up to an additional 1,155,000 shares of common stock at the public offering price, less the underwriting discount. The offering is expected to close on November 22, 2022, subject to customary closing conditions. Cowen and Raymond James are acting as joint book-running managers for the offering. Needham & Company and Wedbush PacGrow are acting as lead...

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Vertex Announces Pricing of Public Offering of Class A Common Stock by Selling Stockholder

KING OF PRUSSIA, Pa., Nov. 17, 2022 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced today the pricing of an underwritten offering of 1,500,000 shares of its Class A common stock by Jeffrey R. Westphal at a price to the public of $15.15 per share. The offering is expected to close on November 22, 2022, subject to the satisfaction of customary closing conditions. Vertex will not receive any of the proceeds from the sale of shares in the offering. Goldman Sachs & Co. LLC is serving as the sole underwriter for the offering. A shelf registration statement relating to these securities was filed with the U.S. Securities and Exchange Commission (“SEC”) on July 15, 2022, and was declared effective by the SEC on July 25, 2022. The registration statement...

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