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Year: 2022

AB Linas Agro Group sold IOOO Belfidagro, a company registered in Belarus

AB Linas Agro Group has sold Belfidagro IOOO, a Belarusian registered company, acquired more than a year ago as part of KG Group. The buyer and the transaction amount are undisclosed by the parties’ agreement. AB Linas Agro Group owned 89.09% of the total share capital of IOOO Belfidagro. A preliminary agreement for the sale of the company was signed on 25 August. The deal was subject to the approval of the Belarusian competition authority MART (Ministry of Antitrust Regulation and Trade), which was received in early November. IOOO Belfidagro is active in the production and wholesale of premixes and had 53 employees at the end of October. The company’s revenue for the financial year ending in June was EUR 15.35 million, and equity was EUR 2 million. Over a year ago, AB Linas Agro Group became the owner of several companies...

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Alvotech Reports Financial Results for First Nine Months of 2022 And Provides Business Update

Revenue for first nine months of 2022 increased to $59.2 million, compared to $2.0 million for the same period in 2021 Discussions with U.S. FDA progressed regarding both biologic license applications for AVT02 (adalimumab); aiming to launch in the U.S., if approved, on July 1, 2023; additional regulatory approvals granted in major markets Continued pipeline progression with submission of marketing applications for AVT04, biosimilar candidate to Stelara®, in major markets including the U.S. and EU Management to conduct a business update conference call and live webcast on Wednesday, November 16, 2022 at 8:00 am ET (13:00 pm GMT)REYKJAVIK, ICELAND (November 15, 2022) — Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today...

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Ragnarok Begins Official Launch in North America on November 15, 2022

Seoul, Korea, Nov. 15, 2022 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Gravity Interactive, the Gravity’s subsidiary located in United States, has officially launched Ragnarok Begins in North America on November 15, 2022. Ragnarok Begins is the very first side-scrolling Ragnarok IP MMORPG game. The game can be played on PC and mobile, and the game contains exclusive game modes and impact. The overall graphics are based on Ragnarok IP’s unique design feature, and the in-game regional factors and main features were designed to be fitted to the side-scroll playing settings. Ragnarok Begins provides players with not only side-scrolling and non-targeting battle modes but also a variety of content including card systems and...

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Burning Rock Reports Third Quarter 2022 Financial Results

GUANGZHOU, China, Nov. 15, 2022 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended September 30, 2022. Recent Business UpdatesCorporateListed on the Main Market of the London Stock Exchange (the “LSE”) by way of a direct listing on November 1, 2022, while Burning Rock’s ADSs will continue to be listed and traded on the Nasdaq Global Market, with those ADSs being fully fungible with the ADSs listed on the LSE.Therapy Selection and Minimal Residual Disease (MRD)In-hospital strategy continues to drive growth uplift despite negative Covid impact. In-hospital volumes grew 24% year-over-year...

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Plutonian Acquisition Corp. Announces Closing of $57,500,000 Initial Public Offering and Full Exercise of Over-Allotment Option

New York, NY, Nov. 15, 2022 (GLOBE NEWSWIRE) — Plutonian Acquisition Corp. (the “Company”) today announced the closing of its initial public offering of 5,000,000 units at $10.00 per unit, including an additional 750,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading on November 10, 2022 under the ticker symbol “PLTNU”. Each unit consists of one share of common stock, one redeemable warrant, and one right to receive one-sixth (1/6) of a share of common stock upon the consummation of an initial business combination. Each warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin...

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Aurora Spine Corporation Schedules Release of Third Quarter Fiscal Year 2022 Financial Results and Conference Call

CARLSBAD, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced it will issue its financial results press release for the third quarter ended September 30, 2022, on Monday, November 21, 2022. Management will host a conference call that day at 11:00 a.m. Eastern Time to discuss the results. Third Quarter 2022 Conference Call Details Date and Time: Monday, November 21, 2022, at 11:00 a.m. ET / 8:00 a.m. PT Call-in Information: Interested parties can access the conference call by dialing (844) 861-5497 or (412) 317-5794. Webcast: Interested parties can access the conference call via a live webcast, which is available via the following link: https://app.webinar.net/Rx9E6Lbwn4k...

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Orca Energy Group Inc. Announces Completion of Q3 2022 Interim Filings

TORTOLA, British Virgin Islands, Nov. 15, 2022 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three and nine month periods ended September 30, 2022 (“Q3 2022“) with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated. Jay Lyons, Chief Executive Officer, commented: “During the first nine months of 2022 we have continued to deliver a robust financial and operational performance due to our ability to supply record volumes of gas into the Tanzanian market, in part due to installation and commissioning of inlet compression at...

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Retirement of Chair

BRISBANE, Australia, Nov. 15, 2022 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: “Allkem,” the Company”) advises that Mr. Martin Rowley has retired from the role of Chair and as a director of Allkem from the close of the 2022 Annual General Meeting (“AGM”) which was held today 15 November 2022. Mr. Rowley leaves the Company in its strongest position ever having initiated and led the successful implementation of the merger between Galaxy Resources and Orocobre Limited to create Allkem. Allkem has a world class asset portfolio and following the record production and financial results of FY22 is positioned for significant growth into the future as a global supplier of lithium chemicals. Mr. Rowley has the unique distinction of being instrumental in the creation of two major resources companies during his career. Martin was co-founder...

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NFI Announces Third Quarter 2022 Results

All figures quoted in U.S. dollars unless otherwise noted: Performance Highlights:2022 Q3 revenue of $514 million; 783 equivalent units (“EUs”) delivered, including 104 EUs of battery- and fuel cell-electric buses (“ZEBs”), which equates to 13% of total deliveries. 2022 Q3 Adjusted EBITDA2 of ($16) million; Net Loss per Share of $0.56 and Adjusted Net Loss per Share2 of $0.63. Ending liquidity2 position of $471 million, with a minimum liquidity requirement of $250 million. In detailed discussions with Export Development Canada (“EDC”), the Government of Manitoba and other banking syndicate members regarding credit facility covenant relief and potential financing solutions. Ending total backlog position (both firm and options) of 8,505 EUs (valued at $4.9 billion2); zero-emission bus (“ZEB”)...

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Correction: Splash Beverage Group Reports Third Quarter 2022 Financial Results Revenues Increase 73% with $5.1 Million in Gross Sales

Correction: Splash Beverage Group Reports Third Quarter 2022 Financial Results Revenues Increase 73% with $5.1 Million in Gross Sales Splash Beverage Group Financial ResultsCorrection: Splash Beverage Group Reports Third Quarter 2022 Financial Results Revenues Increase 73% with $5.1 Million in Gross Sales Splash Beverage Group Financial ResultsFort Lauderdale, Florida, Nov. 15, 2022 (GLOBE NEWSWIRE) — On November 15, 2022, Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, issued a press release announcing financial results for the third quarter period ended September 30, 2022.  The purpose of this press release is to correct the references to the second quarter period ending June 30, 2022 made in the previous press release. ...

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