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Day: December 21, 2022

Berkeley Lights to Acquire IsoPlexis, Creating a Premier Functional Cell Biology Company

Complementary Technologies, Customer Bases, and Commercial Channels to Strengthen Leadership in High-Growth, Single-Cell Biology Significant Cost Synergies to Increase Profitability and Accelerate Breakeven Horizon in 2024, Earlier Than Berkeley Lights Expected as a Standalone Entity Companies to Host Joint Conference Call and Webcast Today at 5:00 p.m. ET EMERYVILLE, CA and BRANFORD, Conn., Dec. 21, 2022 (GLOBE NEWSWIRE) — Berkeley Lights (Nasdaq: BLI), a life sciences tools company, and IsoPlexis (Nasdaq: ISO), a company empowering labs to leverage the cells and proteome changing the course of human health, today announced a definitive agreement under which Berkeley Lights will acquire IsoPlexis in an all-stock transaction valued at $57.8 million. The combined company, which will be named PhenomeX (Nasdaq: CELL), will be a premier...

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Clear Blue Technologies International Signs Definitive Agreement to Purchase eSite Power Systems with Coincident Private Placement Financing

Acquisition expands product portfolio to larger systems and telecom retrofit market with potential to accelerate timing to cash breakeven NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue or the Company”) (TSXV:CBLU) announces, signed today, a definitive agreement to acquire all of the outstanding shares of eSite Power Systems AB (“eSite”), a telecom site power systems provider located in Lidköping, Sweden. Once the transaction is completed, eSite will become a wholly owned subsidiary of Clear Blue. Coincident with the definitive agreement, the Company announces a non-brokered private placement for gross proceeds of up to approximately CAD$2,500,000 (the “Offering”). A first tranche...

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Elme Communities to Release Fourth Quarter 2022 Results on Thursday, February 16th

WASHINGTON, Dec. 21, 2022 (GLOBE NEWSWIRE) — Elme Communities (“Elme”) (NYSE:ELME) will release fourth quarter earnings results after market close on Thursday, February 16, 2023. The conference call will be held on Friday, February 17, 2023, at 10:00 am ET. Conference call access information is as follows:USA Toll Free Number: 888-506-0062International Toll Number: 973-528-0011Entry Code 611448Instant replay of the conference call will be available until Friday, March 3, 2023, at 12:00 am ET. Instant replay access information is as follows:USA Toll Free Number: 877-481-4010International Toll Number: 919-882-2331Conference ID: 47323The live webcast of the conference call will be available on the investor relations page of Elme’s website at www.elmecommunities.com. About Elme Communities Elme Communities...

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Uniti Group Inc. to Participate at the Citi 2023 Communications, Media & Entertainment Conference

LITTLE ROCK, Ark., Dec. 21, 2022 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Executive Vice President, Chief Technology Officer, Mike Friloux, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Citi 2023 Communications, Media & Entertainment Conference on January 4, 2023 in Scottsdale, AZ. Any written materials relating to the Company’s meetings with investors will be made available on Uniti’s Investor Relations website at investor.uniti.com, starting at 9:00AM EST on January 4, 2023. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications...

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Madrigal Pharmaceuticals Announces $300+ Million in Financing Events to Advance Resmetirom Program

$259 Million in Equity Securities Sales and $50 Million in Additional Debt Financing Capacity Madrigal intends to submit a new drug application for resmetirom in the first half of 2023CONSHOHOCKEN, Pa., Dec. 21, 2022 (GLOBE NEWSWIRE) — Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) today announced that it has raised $259 million in gross equity (or $255 million in net proceeds) from equity securities issuances and an additional $50 million in liquidity commitments following the achievement of the clinical milestone under its Hercules Credit Facility. Paul Friedman, M.D., Chief Executive Officer of Madrigal, stated: “The financings secured following the positive topline readout of our Phase 3 MAESTRO-NASH trial reflect the strong support that Madrigal has established with long-standing strategic and institutional investors. The...

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Crown Castle to Present at Citi’s 2023 Communications, Media & Entertainment Conference

HOUSTON, Dec. 21, 2022 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer, is scheduled to present on Wednesday, January 4, 2023 at 4:30 p.m. Eastern Time at Citi’s 2023 Communications, Media & Entertainment Conference. Mr. Schlanger’s presentation will be broadcast live over the Internet and is expected to last approximately 45 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle’s website at http://www.crowncastle.com, where it will also be archived for replay. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions across...

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NANOBIOTIX Announces Termination of Liquidity Contract and Publishes End of Contract Statement

PARIS and CAMBRIDGE, Mass., Dec. 21, 2022 (GLOBE NEWSWIRE) —  NANOBIOTIX (Euronext: NANO –– NASDAQ: NBTX – the ‘‘Company’’), a late-clinical stage biotechnology company pioneering physics-based approaches to expand treatment possibilities for patients with cancer, today announced that it has ended the liquidity contract signed on October 23, 2012 with Gilbert Dupont. The termination is effective from December 20th, 2022, after the close of Euronext market. On the termination date of this contract, the following assets appeared on the liquidity account:22,118 shares €71,489.96 in cashAs a reminder, for the latest half-year statement as of June 30, 2022, the following assets appeared on the liquidity account:25,706 shares € 60,051.07 in cashAnd between July 1, 2022, and December 20, 2022, included:Buy side Traded volume:303,404...

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EnerSys Closes Trade Receivable Securitization Facility to Support Financial Flexibility

READING, Pa., Dec. 21, 2022 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced that it has closed a trade receivable securitization facility of $150 million with Wells Fargo, N.A. The Company expects to utilize $150 million of the facility, with this asset monetization providing annual interest savings of approximately $1.4 million. The facility has a term of three years. “We are pleased to announce the completion of a sizable asset securitization with Wells Fargo. This transaction will enhance our strong balance sheet, reduce interest expense, lower leverage under our Credit Agreement, and improve cash flow over time,” said Andrea J. Funk, Chief Financial Officer. This press release shall not constitute an offer to sell or a solicitation of an offer...

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Kite Realty Group Trust to Report Fourth Quarter 2022 Financial Results on February 13, 2023

INDIANAPOLIS, Dec. 21, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending December 31, 2022, after the market closes on Monday, February 13, 2023. KRG will conduct a conference call to discuss its financial results the following day, February 14, 2023 at 1:00 p.m. Eastern Time. KRG Q4 2022 Earnings Conference Call Dial-In Registration: KRG Fourth Quarter 2022 Teleconference Registration Webcast Link: Fourth Quarter 2022 Webcast A live webcast of the conference call will also be available at kiterealty.com. A replay of the call will remain available on the corporate website. About Kite Realty Group Trust Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly...

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Red White & Bloom Eliminates $10.5 Million of Debt

TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) — Red White & Blooms Brands, Inc. (CSE:RWB, OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands in the U.S. legal cannabis sector, announces that its board of directors has approved the settlement of $10.475 million in debt related to arm’s length financing through the issuance of common shares (the “Debt Settlement“) at a price of $0.47 per share, representing a premium of 370% to the company’s closing price per share on December 20, 2022. “We continue to strengthen our balance sheet and eliminate debt at favorable terms for the company,” stated Colby De Zen, President and Director of RWB, adding, “As evidenced by the tremendous progress already made this year on restructuring our balance sheet and expanding margin and the...

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