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Day: November 23, 2022

360 DigiTech Announces Pricing of Global Offering

SHANGHAI, China, Nov. 23, 2022 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech” or the “Company”), a Credit-Tech platform in China, today announced the pricing of its global offering (the “Global Offering”) of 5,540,000 Class A ordinary shares of the Company (the “Offer Shares”). The Global Offering comprises a Hong Kong public offering (the “Hong Kong Public Offering”) and an international offering (the “International Offering”). The final offer price for both the International Offering and the Hong Kong Public Offering (the “Offer Price”) has been set as HK$50.03 per Offer Share. Based on the ratio of two Class A ordinary shares per Nasdaq-listed American depositary shares (the “ADSs”), the Offer Price translates to approximately US$12.75 per ADS based on an exchange rate of HK$7.8499 to US$1.00. Subject to...

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Global Control Valve Market to Hit Sales Valuation of $19.3 Billion by 2028 | Oil and Gas Industry to Contribute Over 30% Revenue | SkyQuest Technology

Global control valve market was valued at USD 6.3 Billion in 2021, and it is expected to reach a value of USD 19.3 Billion by 2028, at a CAGR of 15% over the forecast period (2022–2028). Westford, USA, Nov. 23, 2022 (GLOBE NEWSWIRE) — The growing demand for control valve market stems from issues faced by a variety of industries. One such industry is the oil and gas industry, which has been struggling to keep up with the ever-growing production levels. In order to increase production, these companies need to be able to adjust their operations quickly and efficiently. This can be difficult if they are using traditional methods. Another industry that is facing pressure to find new ways to improve production is the textile industry. Textile mills have been fighting against pollution for years now, but they have found it increasingly...

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Sirona Biochem Signs International Partnership Agreement with Wanbang Biopharmaceuticals

VANCOUVER, British Columbia, Nov. 23, 2022 (GLOBE NEWSWIRE) — Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) (“Sirona”) announces that, subsequent to the LOI, Sirona and Wanbang Biopharmaceuticals (“Wanbang”) have signed an expanded, international partnership agreement to collaborate on licencing Sirona’s SGLT2 inhibitor, TFC-039, as a pharmaceutical treatment in both animal and human health. The agreement adds human health to the partnership as a result of new licencing opportunities currently in due diligence. Wanbang (a wholly owned subsidiary of Shanghai Fosun Pharmaceutical) and Sirona initially signed a licensing agreement for TFC-039, whereby Wanbang obtained the rights to develop the compound as a diabetes treatment in China and Sirona retained the global rights. Sirona has since been in discussions with animal...

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Globus Maritime Sets Date for the Release of Third Quarter and Nine Months 2022 Results

GLYFADA, Greece, Nov. 23, 2022 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three- and nine-months period ended September 30, 2022, after the market closes in New York on Monday, November 28, 2022. About Globus Maritime Limited Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates, and manages a fleet of nine dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate nine vessels with a total carrying capacity of 626,257DWT and a weighted average age of 11.1 years as of November 28, 2022. Safe Harbor Statement This...

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ButcherJoseph & Co. Announced as Winner of the 21st Annual M&A Advisor Awards Industrials Deal of the Year

ST. LOUIS, Nov. 23, 2022 (GLOBE NEWSWIRE) — The M&A Advisor announced award winners for the 21st Annual M&A Advisor Awards.  ButcherJoseph & Co. (“ButcherJoseph” or “the Firm”) won an Industrials Deal of the Year award for serving as the exclusive sell-side advisor to Smith Transport, Inc. in its sale to Heartland Express Inc.  The M&A Advisor announced the winners of the 21st Annual M&A Advisor Awards to a sold-out and energetic black-tie gathering at The New York Athletic Club on Tuesday, November 15th, during the 2022 Future of Dealmaking Summit. Award winners were chosen by an independent panel of judges who evaluated and selected award winners from among several finalists in each category.   “The award recipients represent the best in the M&A industry this past year and earned these honors by...

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Mosaic Acquires 1,490 Hectares East of Adina Lithium Showing

MONTREAL, Nov. 23, 2022 (GLOBE NEWSWIRE) — Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) has acquired by map staking a 29-cell property comprising approximately 1,490 hectares east of the Adina lithium showing, in Jamesie (QC). The Dalmas SM project is located in a favorable geological environment for strategic minerals such as lithium, nickel, copper, chromium, and cobalt. We find the presence of peridotite, pyroxenite as well as a pegmatitic granite containing beryl. According to data from the Quebec Ministry of Energy and Natural Resources, this property contains several geochemical showings of nickel, copper, and lithium. An exploration program will be necessary to assess its full potential during 2023. “The current geopolitical context favors lithium projects in Quebec, and we intend to use our exploration...

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Clearmind Announces Initiation of CMND-100 Manufacturing Program to Address its Upcoming Clinical Trial

VANCOUVER, Nov. 23, 2022 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq: CMND), (CSE: CMND), (FSE: CWY) (“Clearmind” or the “Company“), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major undertreated health problems, today announced the initiation of clinical batches of production of its novel psychedelic-derived drug candidate, the MEAI- based molecule- CMND-100. The produced batches will be used in the Company’s upcoming first in human (FIH) clinical trial evaluating the proprietary drug candidate compound CMND-100 for the treatment of Alcohol Use Disorder (AUD). Following MEAI’s synthesis development process, the compound is being produced under GMP (Good Manufacturing Process) conditions to comply with FDA requirements. The clinical batches...

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Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 16, 2022 to Shareholders of Record as of December 5, 2022

JOHNS CREEK, Ga., Nov. 23, 2022 (GLOBE NEWSWIRE) — Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable December 16, 2022 to shareholders of record at the close of business on December 5, 2022. About Ebix, Inc. With approximately 200 offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis...

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ACE Convergence Acquisition Corp. and Tempo Automation, Inc. Announce Closing of Business Combination; Tempo Automation Holdings, Inc. to Trade on Nasdaq Under Ticker Symbols “TMPO” and “TMPOW”

SAN FRANCISCO, Nov. 23, 2022 (GLOBE NEWSWIRE) — Tempo Automation, Inc., a leading software-accelerated electronics manufacturer, today announced that it completed its business combination with ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company traded on Nasdaq. ACE’s shareholders approved the business combination at an extraordinary general meeting held on November 17, 2022. Following the merger, the combined company will operate under the name “Tempo Automation Holdings, Inc.” (“Tempo Automation”). Beginning on November 23, 2022, Tempo Automation’s common stock and warrants will trade on Nasdaq under the ticker symbols “TMPO” and “TMPOW”, respectively. Tempo Automation’s experienced management team will continue to be led by Chief Executive Officer Joy Weiss and Chief Financial Officer...

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Havila Shipping ASA: Third quarter 2022 accounts

Summary The market for the company’s vessels in the third quarter has been better in all segments than the corresponding period in 2021. Revenues and profit are significantly affected by the sale of vessels. Agreement with lenders entered into in 2020 clarifies the company’s obligations towards the lenders for the period until 2024. Five vessels that have been in lay-up, of which 3 AHTS and 2 PSV, have been sold. Of these, 3 vessels were delivered to new owners in the second quarter, one vessel was delivered in the third quarter and one vessel was delivered in October. Another vessel has been agreed to be sold and is expected to be delivered to the new owner around the turn of the year. Havila Shipping ASA achieved an operating income before depreciation of NOK 105.2 million in Q3 2022, compared with NOK 53.7 million in Q3 2021. Total...

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