Day: December 16, 2022

Alvotech Completes $59.7 Million Private Placement

Written by Customer Service on December 16, 2022. Posted in Public Companies.

REYKJAVIK, Iceland, Dec. 16, 2022 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced completion of a private placement of approximately US$59.7 million, at current exchange rates, of subordinated convertible bonds (the “Bonds”), convertible into new fully paid ordinary shares of Alvotech. Alvotech intends to use the majority of the net proceeds from the private placement offering to replace a US$50 million unsecured subordinated loan from Alvogen (“Alvogen Facility”) which was announced on November 16, 2022. In accordance with the Alvogen Facility agreement, associated rights by Alvogen to procure warrants representing up to 4.0% of Alvotech’s ordinary share capital will no longer apply. Alvotech will...

Talenom’s financial reporting and Annual General Meeting in 2023

Written by Customer Service on December 16, 2022. Posted in Public Companies.

Talenom Plc, Stock exchange release 16 December 2022 at 11:00 EET Talenom’s financial reporting and Annual General Meeting in 2023 In 2023, Talenom will publish financial information as follows:Financial Statements Release for 2022 on Tuesday, 31 January 2023 Annual Review 2022 on week 7 Business Review for January-March on Thursday, 20 April 2023 Half-year Report for January-June on Friday, 21 July 2023 Business Review for January-September on Friday, 20 October 2023The reports will be available on the company’s website www.sijoittajat.talenom.fi/en immediately after publication. Talenom observes a silent period prior to the publication of financial information. The silent period will start from closing of the reporting period and will last until the publication of the respective financial report. Talenom Plc’s Annual General...

PRESS RELEASE: Yet Another Major Managed Service Provider Chooses SSH as their Cybersecurity Vendor

Written by Customer Service on December 16, 2022. Posted in Public Companies.

Helsinki, Finland – December 16, 2022 – Major Managed Service Provider (MSP) company selects PrivX MSP Edition as their centralized privileged access management solution for automating the management of customer environments securely. The deal value over three years is approximately EUR 0.7 million, out of which we expect to recognize EUR 0.4 million in Q4 2022. Deployment of the solution begins immediately. In addition to licenses and support, the order includes installation assistance. The deal aligns with the PrivX growth strategy, where we focus on the PrivX OT (Operational Technology) and PrivX MSP Editions. Customers have received both editions well, and several significant MSP customers in the EMEA region have already chosen PrivX MSP Edition to automate and improve the security posture of their customer environments. Security and...

Harju Elekter acquired a real estate company and is reorganising production in Sweden

Written by Customer Service on December 16, 2022. Posted in Public Companies.

On 5 October 2021, AS Harju Elekter published a stock exchange release in which it announced that Harju Elekter AB, a subsidiary of AS Harju Elekter, concluded an agreement with LC Development Fastigheter 101 AB, a subsidiary of Wästbygg Gruppen AB, in order to acquire 100% of the shares of LC Development Fastigheter 17 AB. Harju Elekter decided to acquire the real estate company under Harju Elekter Services AB instead of Harju Elekter AB, and on December 15, 2022, Harju Elekter Services AB completed the transaction to acquire 100% of the shares of LC Development Fastigheter 17 AB. The purchased real estate company LC Development Fastigheter 17 AB was created specifically for the construction of the Västerås factory, where the production needs of Harju Elekter were taken into account in the construction process. In the future, it is planned...

New CEO in Eika Boligkreditt AS

Written by Customer Service on December 16, 2022. Posted in Public Companies.

The board of Eika Boligkreditt has unanimously decided to appoint Odd Arne Pedersen as the new CEO of the company. This appointment has been made following a thorough process, where several very good candidates have been included in the assessment.Pedersen comes from the post of CFO in Eika Boligkreditt, before he was appointed acting CEO on 22 June 2022. He has substantial experience from several top management posts in the financial sector, and the board is very satisfied that he is now taking over as CEO of Eika Boligkreditt on a permanent basis.

Rental home in apartment building most sustainable housing form – Survey on renters’ views on sustainable housing

Written by Customer Service on December 16, 2022. Posted in Public Companies.

SATO CorporationPress release 16 December 2022 at 10:00 am Renting a home in an apartment building is perceived as the most sustainable housing form according to responses to a survey commissioned by SATO. The central location of a home enables a more sustainable lifestyle. A total of 55% of the respondents hope to receive guidance from the rental housing provider in issues relating to sustainable housing. According to a survey commissioned in November by housing investment company SATO, a rental home in an apartment building is the most sustainable form of housing. Conducted through an online panel, the survey had 1,005 respondents who live in a rental home or are considering moving into a rental home within the next 12 months. One in four respondents regard a rental home in an apartment building as the most sustainable form of housing....

AWILCO DRILLING PLC – AWDR: Key information relating to reverse split and change of ISIN

Written by Customer Service on December 16, 2022. Posted in Public Companies.

Name of company: Awilco Drilling PLC Name of issuer of Sponsored Norwegian Depository Receipts (“SNDRs”): Nordic Issuer Services AS Date on which the corporate action was made public: 23 November 2022 Reverse split ratio: 100 old SNDRs give 1 new SNDR (100:1) Last day including right: 19 December 2022 Ex-date: 20 December 2022 Record date: 21 December 2022 Date of approval: 8 December 2022 Previous ISIN: NO0012740218 New ISIN: NO0012785098 First day trading on new ISIN: 20 December 2022 Other information: The number of SNDRs received by each holder of SNDRs, other than Awilhelmsen Offshore AS, will be rounded up to the nearest whole number of SNDRs. The number of SNDRs received by Awilhelmsen Offshore AS will be rounded down correspondingly.

Contrat de financement avec European High Growth Opportunities Securitization Fund

Written by Customer Service on December 16, 2022. Posted in Public Companies.

Contrat de financement avec European High Growth Opportunities Securitization Fund Rappel du contexte NEOLIFE (Euronext Growth Paris – Code ISIN FR0011636083 – Mnémonique ALNLF) (la « Société ») a signé le 1er juillet 2022 un contrat de financement (le « Contrat de Financement ») avec le fonds d’investissement luxembourgeois European High Growth Opportunities Securitization Fund (l’« Investisseur »). Cette ligne de financement flexible sur 18 mois, par émission de 400 bons d’émission d’obligations convertibles ou échangeables en actions nouvelles et/ou existantes de la Société d’une valeur nominale de 5.000 euros chacune (les « OCEANE »), se décompose en 8 tranches d’un montant nominal maximum de 250.000 euros, correspondant à l’émission d’un nombre maximum de 50 OCEANE chacune. Le montant nominal maximum total des OCEANE ainsi émises...

Tempo Provides Third Quarter 2022 Financial and Operational Results Commentary and 2022 and 2023 Guidance

Written by Customer Service on December 16, 2022. Posted in Earnings Releases And Operating Results.

SAN FRANCISCO, Dec. 15, 2022 (GLOBE NEWSWIRE) — Tempo Automation Holdings, Inc. (Nasdaq: TMPO, “Tempo”, or the “Company”), a leading software-accelerated electronics manufacturer, is providing commentary on its previously issued financial results for the three and nine-month periods ended September 30, 2022 and 2021 and is updating its guidance for anticipated annual 2022 and 2023 results. Third Quarter 2022 and Recent Operational Highlights • The Company (formerly known as ACE Convergence Acquisition Corp.) completed its business combination with Tempo Automation, Inc., resulting in Tempo becoming a publicly traded company. The combined company now operates under the name “Tempo Automation Holdings, Inc.” and its common stock and warrants are listed on the Nasdaq Stock Market under the ticker symbols “TMPO” and “TMPOW”, respectively. • The...

Proactive news headlines including Kinetiko Energy, Noxopharm, Australian Strategic Materials and Aurumin Ltd

Written by Customer Service on December 16, 2022. Posted in Mergers And Acquisitions.

Sydney, Dec. 16, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Kinetiko Energy Ltd (ASX:KKO) has received firm funding commitments from a private South African institution to raise A$2.95 million (before costs) through the exercise of an option. Click here Noxopharm Ltd (ASX:NOX) has lauded the award of a $1.5 million grant to the Hudson Institute of Medical Research – the company’s strategic partner – from the National Health and Medical Research Council (NHMRC) Ideas Grant Scheme. Click here Australian Strategic Materials Ltd (ASX:ASM) has signed a non-binding business agreement with the Chungcheongbuk Province in Korea and the Vietnam Rare Earth Company (VTRE). Click here Aurumin Ltd (ASX:AUN) has entered into...

Day: December 16, 2022

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