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Day: December 20, 2022

PCTL Subsidiary 21st Century Healthcare Inc. Announces Generation 3 Annihilyzer®

On-Site Generated Disinfectant Promotes Healthy, Sustainable Efforts Little River, SC, Dec. 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PCT LTD (“PCTL” OTC Pink): 21st Century Healthcare Inc, a subsidiary of PCTL, announces placement of new Generation 3 Annihilyzer® On Site Generators. This machine produces multiple concentrations of ready to use HOCl fluids without requiring dilution.  An existing client has requested an upgrade from their earlier model Generation 1 Annihilyzers®, currently used in a large New York City hospital system, and replace them with Generation 3 models. The new contracts will add 25% in revenue per generator per month.  Two new hospital systems will each receive a Generation 3 Annihilyzer® by the first of the year, with expectations of additional generators being placed going forward. This traction...

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FRO – Special General Meeting Approves the Redomiciliation of Frontline to Cyprus

Frontline Ltd. (“Frontline” or the “Company”) (NYSE: FRO – OSE: FRO) announces that a Special General Meeting of Shareholders was held on December 20, 2022, at 8:00 a.m. local time, at Par-la-Ville Place, 4(th) Floor, 14 Par-la-Ville Road, Hamilton, Bermuda. The proposals set out below were all approved by Frontline’s shareholders at the Special General Meeting: * * * Increase of Authorized Share Capital To approve an increase of Frontline’s authorized share capital from $500,000,000 (divided into 500,000,000 ordinary shares, par value $1.00), to $600,000,000 (divided into 600,000,000 ordinary shares, par value $1.00), by the creation of an additional 100,000,000 ordinary shares, par value $1.00, with such newly created ordinary shares to be of the same category and have the same rights and to rank pari passu...

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NIO Inc. Promptly Responds to Data Leakage

SHANGHAI, China, Dec. 20, 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 issued this press release in response to a recent incident related to NIO’s data security. On December 20, 2022, the Company was made aware that certain information of users and vehicle sales in China before August 2021 were sold on the internet by third parties for illegal purposes. NIO has issued a public statement in China related to the incident, including providing a dedicated hotline and an email address to respond to users’ queries regarding the data leakage. The Company has also undertaken the responsibilities for the loss that the users may incur in connection with the data leakage. NIO deeply regrets this incident happened,...

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Satsuma Pharmaceuticals Provides STS101 Development Program and Corporate Update

Further analysis of results from recently-completed SUMMIT Phase 3 efficacy trial of STS101 for the acute treatment of migraine shows differentiating robust and sustained antimigraine effects on clinically important secondary endpoints Qualitative and quantitative primary market research conducted post-SUMMIT trial readout and incorporating updated STS101 profile consistent with SUMMIT trial results indicates headache specialists continue to have strong interest in STS101, with high prescribers of migraine therapeutics anticipating prescribing it to approximately 30% of their migraine patients Based on communications with FDA in multiple Type C meetings and May 2022 Type B clinical pre-NDA meeting, and discussions with legal-regulatory consultants, Satsuma believes the results of its STS101 clinical trial program support planned NDA filing...

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Blink Charging Provides EV Chargers to Downtown Rockford, IL In Coordination with Region 1 Planning Council

City utilizes procurement program to provide much needed EV charging services for residents and visitors Miami Beach, FL, Dec. 20, 2022 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced it will provide downtown Rockford, Illinios with EV charging stations thanks to a Region 1 Planning Council (R1) program to make charging stations more affordable and accessible for local governments. Blink was named as a key supplier after an extensive RFP (Request for Proposal) process. The City of Rockford is the first local government to take advantage of a procurement program established through the Region 1 Planning Council earlier this year that helps local governments in Northern Illinois purchase...

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Cassava Sciences Mourns the Death of Board Member and Officer Nadav Friedmann, PhD, MD

AUSTIN, Texas, Dec. 20, 2022 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA) announced today that a valued and long-time member of the Company, Nadav Friedmann, PhD, MD, has died following a brief journey with cancer, only recently discovered. “We mourn profoundly the passing of a cherished colleague and friend,” said Remi Barbier, President and CEO. “For over 20 years, he generously gave his talents, expertise and integrity in support of our success. On behalf of our employees and our Board of Directors, I extend our deepest condolences to Dr. Friedmann’s family, friends and all those whose lives he touched.” Dr. Friedmann was an esteemed member of our Board of Directors since 1998 and an Officer of the Company since 2001. He was also a force of nature in drug development, with eight drug approvals to his name and authorship...

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18 Advisor Team Strategic Partners, Inc Joins LPL Financial

CHARLOTTE, N.C., Dec. 20, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Strategic Partners, Inc. has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with National Financial Alliance (NFA). The Strategic team reported having served approximately $830 million in advisory, brokerage and retirement plan assets, with an additional $600 million fixed life insurance and annuity assets*. They join LPL from Royal Alliance, part of the Advisor Group network. Headquartered in Parsons, Kansas, Strategic Partners Owner/President Chris Lubbers CFP®, CFS®, started his practice in 1994 while still in college, adding his first advisor a year later. He expanded the business in 2007 to create Strategic Partners, and the firm now has 18 advisors in nine states spanning from Texas to Connecticut. They are...

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AITX’s Subsidiary Robotic Assistance Devices Honored with International Design Award for ROSA 3.x

Artificial Intelligence Technology Solutions, Inc. AITX’s subsidiary Robotic Assistance Devices honored with internationally acclaimed Good Design® Award for ROSA 3.xDetroit, Michigan, Dec. 20, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices Inc. (RAD), has had its ROSA 3.x security robot named a winner of a prestigious design competition managed by The Chicago Athenaeum Museum of Architecture and Design in cooperation with the European Centre for Architecture, Art, Design and Urban Studies. “As we seek to upgrade security electronics to be packed with AI so that we’re able to perform critical security and property work it’s important that we match functionality with world-class design....

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dLocal Refutes Short-Seller Report and Announces Share Buyback Program and Proposed Share Purchases by Key Shareholders

     The Company, its Board of Directors and Audit Committee review short seller allegations and conclude key allegations are without merit Company share buyback program and proposed share purchases by General Atlantic, controlling shareholders and top management reflect confidence in dLocal’s business and long-term growth plans MONTEVIDEO, Uruguay, Dec. 20, 2022 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced a response to allegations made in a report by short seller Muddy Waters Capital, dated November 16, 2022 (the “Report”), as well as a share buyback program and proposed share purchases by key shareholders and senior management...

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Duke’s Root Control Acquires Pipetek Infrastructure Services

WEST PALM BEACH, Fla., Dec. 20, 2022 (GLOBE NEWSWIRE) — Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, is pleased to announce that Duke’s Root Control, Inc. (“Duke’s” or the “Company”) has acquired Pipetek Infrastructure Services (“Pipetek”). Duke’s, a leading national provider of wastewater-focused inspection, diagnostics, and remediation services for municipal customers, is a platform company in Comvest’s private equity portfolio. Pipetek marks Duke’s fourth acquisition in the last five years. Pipetek provides evaluation services to sewer and gas markets throughout the Midwest, specializing in pipeline inspection, assessment, maintenance, and repair services. Pipetek will operate as a subsidiary of Duke’s from its headquarters in Plymouth, Mich. “Duke’s is a longtime market leader...

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