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Year: 2022

Global Bioenergies – Successful scale-up of Pomacle commercial unit

         Successful scale-up of Pomacle commercial unit Evry, 06 December 2022 – Global Bioenergies announces the successful scale-up of production at its Pomacle commercial unit. All sub-units are now up and running, a few weeks ahead of schedule. Global Bioenergies announces that its first commercial production unit is now fully operational. All units (biological isobutene production, purification, condensation and packaging) have been validated and are now in operation. Frédéric Ollivier, Global Bioenergies’ Chief Technical Officer, said: “An industrial project is invariably an adventure. This is especially so in these troubled times. Nevertheless, we were able to successfully build and commission the unit in very good conditions. We are now producing about 1 tonne of isobutene per week. I would like to congratulate the entire Global...

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Bombardier Breaks Ground on Abu Dhabi Service Centre, Expands Aftermarket Footprint in United Arab Emirates (UAE)

Located at Abu Dhabi International Airport, this service facility will be an important hub for Bombardier business aircraft customers in the Middle East Close to 100,000 sq. ft. MRO facility will provide quick and efficient maintenance, repair, and overhaul (MRO) capabilities for all Bombardier business aircraft Abu Dhabi Service Centre will be part of Bombardier’s comprehensive infrastructure expansion, more than doubling its aftermarket footprint around the world to close to one million sq. ft.ABU DHABI, United Arab Emirates, Dec. 06, 2022 (GLOBE NEWSWIRE) — Bombardier today announced the official groundbreaking of its new service centre at Abu Dhabi International Airport (AUH) in Abu Dhabi, United Arab Emirates (UAE). The new facility is Bombardier’s first full-service facility in the UAE and builds on its long-term commitment...

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Unity Bank Opens Lakewood Branch, Plans New Fort Lee Branch

Community Bank Addresses Ocean County’s Growing Need for Financial ServicesUnity Bank’s Lakewood New Jersey Branch Unity Bank has opened a new full service branch in Lakewood at 1255 Route 70, expanding its branch network to Ocean County, New Jersey.LAKEWOOD, N.J., Dec. 05, 2022 (GLOBE NEWSWIRE) — Unity Bank has opened a new full service branch in Lakewood at 1255 Route 70, expanding its branch network to Ocean County and the state’s fastest growing municipality. Unity also plans to open a Fort Lee branch in January, expanding the bank’s footprint in Bergen County. “Ocean County has lost almost 25% of its bank branches in the past decade and county officials are concerned that senior citizens in the county are underserved by the current population of banks,” said Unity Bank President & CEO James A. Hughes. “Our commercial...

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BELONG ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE

Brookline, MA, Dec. 05, 2022 (GLOBE NEWSWIRE) —  Belong Acquisition Corp. (NASDAQ:BLNG) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that the special meeting of its stockholders (the “Special Meeting”) originally scheduled for Wednesday, December 7, 2022, is being postponed to Wednesday, December 14, 2022. At the Special Meeting, stockholders will be asked to vote on the following proposals: (1) a proposal to approve an amendment (the “Extension Amendment”) to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company must consummate a business combination for six months, from January 27, 2023 (the “Original Termination Date”) to July 27, 2023 (the “Extended Date”) (the “Extension Proposal”); (2) a...

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First Western Financial, Inc. Announces Completion of $20 Million Subordinated Debt Offering

DENVER, Dec. 05, 2022 (GLOBE NEWSWIRE) — First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western” or the “Company”), today announced the issuance and sale (the “Offering”) of $20 million in aggregate principal amount of 7.00% Fixed-to-Floating Rate Subordinated Notes due December 15, 2032 (the “Notes”). The Company intends to use the proceeds from the Offering for general corporate purposes. The Notes are designed to qualify as Tier 2 capital for the Company for regulatory capital purposes and mature on December 15, 2032 (the “Maturity Date”), and bear interest at a fixed annual rate of 7.00%, payable semi-annually in arrears, to, but excluding, December 15, 2027. From and including December 15, 2027 to, but excluding, the Maturity Date or early redemption...

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LGI Homes Reports November 2022 Home Closings

THE WOODLANDS, Texas, Dec. 05, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 412 homes in November 2022. As of November 30, 2022, the Company had 92 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 19 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 20 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally...

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Zai Lab Partner Mirati Therapeutics Presents Late-Breaking Results Evaluating Concurrent Adagrasib and Pembrolizumab in First-Line Advanced/Metastatic Non-Small Cell Lung Cancer (NSCLC)

Adagrasib in combination with pembrolizumab demonstrates favorable tolerability and promising preliminary efficacy in patients with first-line advanced/metastatic NSCLC harboring a KRASG12C mutation Findings will be presented on December 7 at the 2022 ESMO Immuno-Oncology Annual Congress, as an oral presentation from 2:05 p.m.-2:15 p.m. CET / 8:05 a.m.-8:15 a.m. ET (Presentation #LBA4) during the “Proffered Paper session 1” sessionSHANGHAI and CAMBRIDGE, Mass., Dec. 05, 2022 (GLOBE NEWSWIRE) — Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688), a patient-focused, innovative, commercial-stage, global biopharmaceutical company, today announced that the company’s partner Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage oncology company reported preliminary results from the KRYSTAL-7 Phase 2 trial and KRYSTAL-1 Phase 1b cohort...

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MediciNova Announces Positive Results from Secondary Analysis of Phase 2 Trial of MN-166 (ibudilast) Published in The American Journal of Drug and Alcohol Abuse

LA JOLLA, Calif., Dec. 05, 2022 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that positive results from a secondary analysis of a Phase 2 trial of MN-166 (ibudilast) in alcohol use disorder (AUD) were published in The American Journal of Drug and Alcohol Abuse. The clinical trial was a collaborative effort between MediciNova and Dr. Lara Ray, Professor, Department of Psychology and Department of Psychiatry and Biobehavioral Sciences, Brain Research Institute at the University of California at Los Angeles (UCLA) and was funded by the National Institute on Drug Abuse (Grant P50 DA005010-33). Topline results from a randomized, double-blind, placebo-controlled Phase 2 trial evaluating...

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Delta 9 to Open Thirty-Ninth Cannabis Retail Store

WINNIPEG, Manitoba, Dec. 05, 2022 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the grand opening of its thirty-ninth Delta 9 Cannabis retail store, and seventeenth cannabis store in the Province of Manitoba. Delta 9’s newest retail store is in the heart of the busiest shopping district in Dauphin, Manitoba. “Delta 9 is Manitoba’s Cannabis Store and we’re excited to further expand our retail footprint in rural MB. We will continue to expand our retail portfolio across Canada through organic growth and strategic acquisitions in the coming months,” said John Arbuthnot, CEO of Delta 9. “We started 2020 with four retail stores and now have 39 cannabis retail stores in operation across the Canadian Prairies. The Company has an aggressive growth strategy to...

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Saratoga Investment Corp. Prices Public Offering of $52.5 Million 8.125% Notes Due 2027

NEW YORK, NY , Dec. 05, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $52.5 million in aggregate principal amount of 8.125% unsecured notes due 2027 (the “Notes”). The Notes will mature on December 31, 2027, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after December 13, 2024. The Notes will bear interest at a rate of 8.125% per year payable quarterly on February 28, May 31, August 31, and November 30 of each year, beginning February 28, 2023. The offering is expected to close on December 13, 2022, subject to customary closing conditions. The Company has granted the underwriters an option to purchase up to an additional $7,875,000 in aggregate principal amount of Notes....

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