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Year: 2022

KemPharm Receives FDA Orphan Drug Designation for Serdexmethylphenidate (SDX) for the Treatment of Idiopathic Hypersomnia (IH)

Phase 2 clinical trial investigating KP1077 in patients with IH expected to initiate prior to year-end 2022 CELEBRATION, Fla., Nov. 18, 2022 (GLOBE NEWSWIRE) — KemPharm, Inc. (NasdaqGS: KMPH) (KemPharm, or the Company), a biotechnology company focused on the discovery, development and commercialization of novel treatments for rare central nervous system (CNS) and neurodegenerative diseases, lysosomal storage disorders and related treatment areas, today announced that the U.S. Food and Drug Administration (FDA) has granted the Orphan Drug Designation to serdexmethylphenidate (SDX), KemPharm’s proprietary prodrug of d-methylphenidate (d-MPH), for the treatment of idiopathic hypersomnia (IH), a rare neurological sleep disorder. SDX is the sole active pharmaceutical ingredient (API) in KP1077, KemPharm’s lead clinical candidate being...

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Gulf & Pacific Equities Corp. reports on Third Quarter Results with Revenue of $992,940

Toronto, Nov. 18, 2022 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 3.5% decrease in revenues to $992,940 in the quarter ended September 30, 2022 from $1,029,139 at the same period last year. Details of the nine and three months financial results for fiscal 2022 and 2021 under International Financial Reporting Standards (IFRS) as summarized below are also available at www.sedar.com or the company’s website www.gpequities.com.  Nine Months Ended   Three Months Ended  (Unaudited)   (Unaudited)  Sept 30,   Sept 30,    2022     2021     2022   2021           Revenue $ 2,940,635   $ 2,901,882   $ 992,940 $ 1,029,139           Net Income (loss) before fair...

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Logiq Signs LOI to Acquire Privately Held Operating Company

As contemplated:The preliminary confidential target valuation is between $220M and $250M. The transaction would be executed simultaneously with Logiq’s pending Abri de-SPAC deal whereby the confidential target would be acquired to become a wholly owned subsidiary of Logiq. Properly structured, post-transaction the combined entity is expected to apply for Nasdaq or NYSE up-listing and complete a significant capital raise by the end of next yearNEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ) (“the Company”), a provider of digital consumer acquisition solutions, today announced that it has signed a non-binding letter of intent (“LOI”) with a privately held operating company (“PrivCo”) in which – effectively simultaneous with Logiq’s pending de-SPAC transaction with Abri SPAC I– Logiq will acquire PrivCo in...

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Wabash Appoints Sudhanshu Priyadarshi to Board of Directors

Sudhanshu Priyadarshi Wabash announces the appointment of Sudhanshu Priyadarshi to the company’s Board of Directors.LAFAYETTE, Ind., Nov. 18, 2022 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC) and its Board of Directors are pleased to announce the appointment of Sudhanshu Priyadarshi to the company’s Board of Directors. Mr. Priyadarshi is a global finance and operations leader with extensive experience in the tech, logistics, e-commerce, retail, consumer packaged goods, and pharmaceutical industries in the U.S., Asia and Australia. He currently serves as Chief Financial Officer at Keurig Dr Pepper. Prior to joining Keurig Dr Pepper, he was Senior Vice President and Chief Financial Officer at Vista Outdoor, Inc., a leading global designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. His...

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Wabash Announces Quarterly Dividend

LAFAYETTE, Ind., Nov. 18, 2022 (GLOBE NEWSWIRE) — Wabash (NYSE:WNC) today announced that its board of directors declared a regular quarterly dividend of $0.08 per share of the company’s common stock, payable on January 26, 2023, to stockholders of record on January 5, 2023. Wabash: Changing How the World Reaches YouAs the innovation leader of connected solutions for the transportation, logistics and distribution industries, Wabash (NYSE: WNC) is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company’s mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated...

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Correction to the date of the English stock exchange release regarding Tapio Pajuharju’s decision to leave Harvia

Harvia Plc                                      Stock Exchange Release          18 November 2022 at 1:30 p.m. EETIn Harvia’s English stock exchange release regarding Tapio Pajuharju’s decision to leave Harvia, published on 17 November 2022 at 4:30 pm EET, there was an error regarding the date of the stock exchange release (11 November 2022). The correct date of the release is 17 November 2022. The date was correct in the Finnish version.For more information, please contact: Ari Vesterinen, CFO, tel. +358 40 5050 440Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia’s brands and product portfolio are well known in the market, and the company’s comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional...

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IDEX Biometrics: Subscription Rights Exercise – 18 Nov 2022

The board of directors of IDEX Biometrics ASA has resolved to issue in total 246,167 ordinary shares at price NOK 0.15 per share to an employee who has exercised incentive subscription rights. The incentive subscription rights were issued under the company’s 2019 incentive subscription rights plan, which was approved by the annual general meeting on 9 May 2019. The employee has paid the subscription amount to the company. Following the issue, the company’s share capital will be NOK 167,637,217.35 divided into 1,117,581,449 shares each with a nominal value of NOK 0.15. Following the exercise, there are 82,865,280 incentive subscription rights outstanding. For further information contact:Marianne Bøe, Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: + 47 918 00186 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX...

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JD.com Announces Third Quarter 2022 Results

BEIJING, Nov. 18, 2022 (GLOBE NEWSWIRE) — JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months ended September 30, 2022. Third Quarter 2022 HighlightsNet revenues for the third quarter of 2022 were RMB243.5 billion (US$134.2 billion), an increase of 11.4% from the third quarter of 2021. Net service revenues for the third quarter of 2022 were RMB46.5 billion (US$6.5 billion), an increase of 42.2% from the third quarter of 2021. Income from operations for the third quarter of 2022 was RMB8.7 billion (US$1.2 billion), compared to RMB2.6 billion for the same period last year. Non-GAAP2 income from operations was RMB9.9 billion (US$1.4 billion) for the third quarter of 2022, as compared to RMB4.6 billion for the...

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DIGITALIST GROUP PLC’S NEW SHARES REGISTERED IN THE TRADE REGISTER

Digitalist Group Plc           Stock Exchange Release          18 November 2022 at 10:15 DIGITALIST GROUP PLC’S NEW SHARES REGISTERED IN THE TRADE REGISTER Digitalist Group Plc (“Company”) announced on October 28th, 2022 about a directed share issue of 31.400.000 shares to Turret Oy Ab (“Turret”). Turret has subscribed for the shares offered for subscription in the directed share issue in full and the Board of Directors of Digitalist Group has accepted Turret’s share subscription.The funds from the share issue are used to improve the Company’s liquidity and maintain and increase its solvency. The new shares subscribed have been registered into the Finnish Trade Register on November 18th, 2022. After the registration of the new shares, the company will have 682.422.746 shares in total. The new shares produce the shareholder rights...

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Subsea7 awarded contract offshore Trinidad and Tobago

Luxembourg – 18 November 2022 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced today the award of a contract to Subsea Integration Alliance1 to support the development of bp’s Cypre project, a gas development located offshore Trinidad and Tobago. Subsea7’s scope of the awarded Subsea Integration Alliance contract is substantial2. Subsea7’s scope covers the concept and design, engineering, procurement, construction and installation of a two-phase liquid natural gas tieback to the Juniper platform through dual flexible flowlines and a manifold gathering system, along with topside upgrades. Design, engineering, and project management will commence immediately at Subsea7’s offices in the USA, with offshore installation planned for 2024. Craig Broussard, Vice President for Subsea7 US, said: “We have been working closely with bp and...

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