Day: January 9, 2023

Cornerstone Shareholders Approve Arrangement with SolGold

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

OTTAWA, Jan. 09, 2023 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone”) (TSXV:CGP; OTC:CTNXF; FWB:GWN1) is pleased to announce that at a special shareholder meeting held today (the “Meeting”), holders of common shares of Cornerstone (“Cornerstone Shareholders”) voted overwhelmingly in favour of the special resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement (the “Arrangement”) pursuant to which SolGold plc (LSE:SOLG; TSX:SOLG) (“SolGold”) will acquire all of the issued and outstanding common shares of Cornerstone (the “Cornerstone Shares”), other than the Cornerstone Shares already held, directly or indirectly, by SolGold. The Arrangement Resolution was approved by 99.98% of the votes cast by Cornerstone Shareholders present at the virtual Meeting or represented by...

Novotech Acquires US-based Drug Development Consulting Firm, CBR International – Expands Drug Development and FDA Regulatory Expertise

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

SINGAPORE, Jan. 09, 2023 (GLOBE NEWSWIRE) — Novotech, the leading Asia Pacific centered biotech CRO today announced the acquisition of CBR International, a global product development, clinical oversight and strategic regulatory operations group. CBR was founded in 2002 as a consultancy company focused on assisting biotechnology and pharma companies navigate FDA requirements from early-stage development through to approval. CBR adds a group of experts to Novotech to provide US and global regulatory, scientific, quality, and clinical development services. CBR’s specific regulatory expertise and services include long-range Regulatory Strategy and Writing, FDA Representation, eSubmissions, and Scientific Affairs to support requirements for cGMP commercial product development. The acquisition will further strengthen Novotech’s capabilities...

Novotech Acquires European CRO – Strengthens Global Operations

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

SINGAPORE, Jan. 09, 2023 (GLOBE NEWSWIRE) — Novotech announced today the acquisition of EastHORN, a European CRO with clinical, medical and regulatory expertise in multiple strategically important locations across the continent. The acquisition is part of Novotech’s global expansion program. EastHORN was established in 2004 and has over 250 employees. The acquisition means biotech clients can access Novotech’s unique and unparalleled suite of early to late-phase CRO services across Europe and the US, with a specialist focus on Asia Pacific where the company has built a reputation for delivering high-quality expedited clinical trials. Novotech CEO Dr. John Moller said: “This acquisition is a strategic move to further expand our CRO operations and provide biotech clients with in-country expertise across Asia-Pacific, North America,...

Adoption of Innovative Solutions to Push Commercial Laundry Market to Reach USD 1.83 Billion by 2028

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

The commercial laundry market was valued at USD 1.40 billion in 2021, and it is expected to reach a value of USD 1.83 billion by 2028, at a CAGR of 3.40% over the forecast period (2022 – 2028). Westford, USA, Jan. 09, 2023 (GLOBE NEWSWIRE) — Growing consumer preference for card-based laundry payment systems over coin laundries, as well as the widespread implementation of automation in the laundry sector, are driving the growth of the commercial laundry market. Furthermore, growing urbanization, changing consumer purchasing patterns, and increasing digitalization, all favor the market. According to SkyQuest’s survey, commercial laundry services help the healthcare and hospitality industries save 30% to 40% of their cost spent on water and power utilities, allowing them to spend this money on their core services. Rapid...

Introduction of Diversified Product Portfolio to Help Bubble Tea Market Reach USD 5.5 billion by 2028

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

The bubble tea market reached USD 3.5 billion in 2021 and is predicted to cross USD 5.5 billion by 2028, growing at a 7.6% CAGR during the forecast period (2022–2028). Westford, USA, Jan. 09, 2023 (GLOBE NEWSWIRE) — The growing popularity of tea and coffee as nootropic liquids among students and working-class people is one of the key drivers for the industry’s expansion. In addition, such beverages’ zero-fat and low-calorie contents are gaining preference among the health-conscious population, eventually driving up product demand. As per SkyQuest’s research insights, youngsters ages 20 to 29 are the prime consumer of bubble tea. If there’s one trend worth noticing, bubble tea is likely to gain more preference among women than men. In the United States, 95% of women have tried bubble tea, as opposed to 81%...

Branded Legacy, Inc. Buys Back Over 17 Million Free Trading Common Shares

Written by Customer Service on January 9, 2023. Posted in Public Companies.

Company Continues to Lower Share Structure Charlotte, NC , Jan. 09, 2023 (GLOBE NEWSWIRE) — Branded Legacy, Inc. (OTC: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce it has negotiated the reduction of its float by Seventeen Million Five Hundred and Twenty Thousand (17,520,000) free trading common shares. Brandon Spikes, chairman of Branded Legacy, Inc., stated, “We have continuously been working on share structure over the last several months. In doing so, last week have bought back 17,520,000 free trading shares out of the float, in exchange for a non-convertible promissory note. This is huge for our shareholders.” Spikes concluded, “In the past six months we successfully reduced our issued and outstanding...

Wolters Kluwer acquires NurseTim

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

Wolters Kluwer acquires NurseTim Enhances portfolio of nursing education solutions Alphen aan den Rijn, January 9, 2023 — Wolters Kluwer Health today announced it has signed and completed an agreement to acquire NurseTim, a US-based provider of nursing education solutions. NurseTim will become part of Wolters Kluwer’s Health Learning, Research & Practice (HLRP) business, which includes nursing education and practice solutions that help ensure students are ready for practice and nurses are prepared to deliver better patient care and outcomes. NurseTim’s NurseThink provides a set of test preparation tools for faculty and students to prepare candidates for the Next Generation National Council Licensure Examination (NCLEX) in the U.S. In addition, the company provides hands-on nurse faculty training through conferences and webinars....

Sotherly Hotels Inc. Reports Preliminary Operating Results for the Fourth Quarter Ended December 31, 2022

Written by Customer Service on January 9, 2023. Posted in Public Companies.

WILLIAMSBURG, Va., Jan. 09, 2023 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported preliminary operating results for the Company’s ten wholly-owned properties, (“same-store” portfolio metrics). Accordingly, the actual data does not include the participating condominium hotel rooms of the Hyde Resort & Residences and the Hyde Beach House, the Sheraton Louisville Riverside, or the DoubleTree by Hilton Raleigh Brownstone. Preliminary same-store portfolio metrics for the fourth quarter 2022 were as follows: October Results December Results Oct-22 % Variance to 2021 % Variance to 2019 Dec-22 % Variance to 2021 % Variance to 2019Occupancy 69.9% 16.6% -8.6% Occupancy 48.1% 4.8% -14.4%ADR $186.12 12.9% 12.0% ADR $169.69 8.9% 18.6%RevPAR $129.16 31.6% 2.6% RevPAR $80.75 13.7% 1.3% November...

ACV Takes the Stage in Dallas at the 2023 National Automobile Dealers Association Show

Written by Customer Service on January 9, 2023. Posted in Public Companies.

ACV experts in dealership operations and data technology will host educational workshop and compete in new Pitch Competition BUFFALO, N.Y., Jan. 09, 2023 (GLOBE NEWSWIRE) — ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, will be exhibiting at the 2023 National Automobile Dealers Association (NADA) Show, while also hosting its first educational workshop and appearing in the show’s first-ever Exhibitor Pitch Competition. On Thursday, January 26, at 1:00 p.m. CT, Vice President of Business Development Randy Barone will lead an educational workshop on the Variable Operations track: “Windshield or Rear-view Mirror? How do you manage used cars?” Barone, a 30-year automotive industry veteran and former dealer, will focus on inventory management strategies. Attendees...

SI-BONE Announces Preliminary Revenue for the Fourth Quarter and Full Year 2022

Written by Customer Service on January 9, 2023. Posted in Earnings Releases And Operating Results.

Fourth Quarter revenue of $31.7 – $31.9 million representing growth of approximately 26%Fiscal Year 2022 revenue of $106.1 – $106.3 million representing growth of approximately 18% SANTA CLARA, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) — SI-BONE, Inc. (Nasdaq: SIBN), a medical device company dedicated to solving musculoskeletal disorders of the sacropelvic anatomy, today announced its preliminary and unaudited revenue for fourth quarter and full year 2022. Fourth Quarter 2022 SummaryWorldwide revenue expected to be in the range of $31.7-$31.9 million, representing growth of approximately 26% compared to the prior year period U.S. revenue expected to be in the range of $29.8-$29.9 million, representing growth of approximately 28% compared to the prior year period Ended the quarter with a record 920 active surgeons in...

Day: January 9, 2023

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