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Month: January 2023

Open Letter to Shareholders from CEO Paul Levesque

Theratechnologies Announces Fiscal Year 2023 Guidance and Operating Plan’s Key ObjectivesFY2022 top line revenue expected to end the year at ~$80 million, in line with previously announced revenue guidance FY2023 revenue guidance range set between $90 million and $95 million, ending the new year on a solid path to positive cash flow from operating activities FY2023 operating plan to focus on achieving positive EBITDA1 in the near-term based on commercial business growth and new asset opportunities Scientific Advisory Committee formed to optimize Protocol Amendment for our Phase 1 clinical trial of TH1902 The U.S. Food and Drug Administration (“FDA”) confirmed they will review the Protocol Amendment within thirty days of submissionThis news release constitutes “a designated news release” for the purposes of the Company’s prospectus...

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Certara Acquires Vyasa, an Artificial Intelligence Company that Delivers Predictions to Accelerate Scientific Innovation

Certara improves software capabilities by expanding into deep learning and data fabric PRINCETON, N.J., Jan. 04, 2023 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), today announced it has acquired Vyasa Analytics, LLC. Vyasa provides scalable deep-learning software which allows life sciences organizations to perform predictions and answer complex questions across structured and unstructured bio-medical information. The acquisition will elevate Certara’s software by bringing state-of-the-art artificial intelligence (AI) capabilities to its end-to-end platform. “We are pleased to announce the acquisition of Vyasa, a cutting-edge company that will enhance existing Certara software platforms and further expand our capabilities across our product portfolios,” said William F. Feehery, Chief Executive Officer of Certara. “By incorporating...

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Sterling Acquires Socrates Ltd., Latin America’s Largest Independent Background Screening Company

NEW YORK, Jan. 04, 2023 (GLOBE NEWSWIRE) — Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of background screening and identity services, today announced that it has acquired Socrates Ltd. (“Socrates”), the largest independent screening company in Latin America. This acquisition expands Sterling’s global presence into Latin America to serve the rapidly growing regional hiring needs of both multi-national and local clients. “This is an incredible opportunity to expand Sterling’s presence into a region with rapidly increasing hiring demand across our clients, especially in financial services and technology,” said Josh Peirez, CEO, Sterling. “The Socrates team has built a highly reliable operational model and suite of screening services, guided by their people-first, client-centric values that are a perfect...

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Nubeva Announces a New Seven-Figure Sale to Large Global Company and Provides Correction to January 3rd Press Release

SAN JOSE, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) — Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF)(“Nubeva” or the “Company”) announces it has a signed a new three-year contract for seven figures per year with a large global services company for the Company’s Ransomware Reversal solutions. Further details of the contract, customer, and industry remain confidential for security purposes. “After a slight lull in ransomware in the first half of 2022, we are seeing a significant uptick in activity across the globe, attacking organizations of all sizes across all sectors,” said Steve Perkins, CMO, and Head of Product. “This contract is very significant for us because it is with a large multi-national company, and it has the potential to grow over the life of the agreement. It demonstrates that large and global companies value our Ransomware...

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Alpine Income Property Trust Announces 2022 Transaction Activity and Provides Corporate Update

WINTER PARK, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its 2022 acquisition and disposition activities and provided a corporate update. 2022 Acquisition HighlightsDuring the year ended December 31, 2022, the Company acquired 51 net lease retail properties for a total acquisition volume of $187.4 million, representing a weighted-average going-in cash cap rate of 7.1%. Acquisitions completed during the year had a weighted-average remaining lease term of 8.7 years and approximately 76% of annualized base rents are from a tenant or the parent of a tenant with an investment grade credit rating. During the fourth quarter of 2022, the Company acquired seven net lease retail properties for total acquisition volume of $41.7 million, representing a weighted-average...

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CTO Realty Growth and Announces Record 2022 Transaction Activity and Provides Corporate Update

WINTER PARK, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its record 2022 acquisition and disposition activities and provided a corporate update. 2022 Investment HighlightsDuring the year ended December 31, 2022, the Company completed five mixed-use or retail property acquisitions for total value of $314.0 million, representing a weighted-average going-in cash cap rate of 7.5%. During the year ended December 31, 2022, the Company originated structured investments totaling $59.2 million at a weighted-average initial yield of 8.2%. The Company’s $19.0 million loan secured by WaterStar Orlando was repaid in full during the fourth quarter of 2022. The 2022 investments are concentrated in well-located submarkets of Atlanta, Richmond, Dallas, and Houston. Notable...

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Emerging Markets Report: Bigger and Better

An Emerging Markets Sponsored Commentary ORLANDO, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) — GoLogiq, Inc. (OTC: GOLQ), a global provider of mobile fintech solutions for digital transformation and consumer data analytics in Southeast Asia, announced its plans to join forces with GammaRey, a privately-held fintech ecosystem for the New World Digital Economy, in a merger valued at $320 million based on per share pricing of $3.00. So, what does this mean for the two companies? We will make it simple: Bigger and Better. Technological development has made the trend of Fintech company collaboration and partnerships more popular. 2021 was a huge year for fintech mergers and acquisitions with deals totaling $348.5 billion, according to FT Partners, an investment banking firm focused on financial technology. Now, for 2022, this year could be...

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FTAI Aviation and Unical Aviation Acquire Assets of iAero Thrust

NEW YORK and MIAMI, Jan. 04, 2023 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI), Unical Aviation Inc. (“Unical”) and iAero Thrust LLC (“iAero Thrust”) today announced that FTAI and Unical have completed the acquisition of substantially all of the assets of iAero Thrust, the only hospital maintenance and testing facility in the Americas dedicated to the CFM56 engine. The acquired assets and facilities are based in Miami and will be rebranded QuickTurn Engine Center (“QuickTurn”). QuickTurn’s mission will be to deliver industry leading turnaround times for light shop visits by utilizing serviceable modules and used serviceable material. At full capacity, QuickTurn is expected to support 150 light shop visits and 300 engine tests per year and will also offer field maintenance services. “We are excited to partner with Unical...

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Immunocore to present at the 41st Annual J.P. Morgan Healthcare Conference

Immunocore to present at the 41stAnnual J.P. Morgan Healthcare Conference (OXFORDSHIRE, England & CONSHOHOCKEN, Penn. & ROCKVILLE, Md., US, 04 January 2023) Immunocore Holdings Plc (Nasdaq: IMCR), a commercial-stage biotechnology company pioneering the development of a novel class of T cell receptor (TCR) bispecific immunotherapies designed to treat a broad range of diseases, including cancer, autoimmune and infectious diseases, today announced that management will participate in a fireside chat at the 41st Annual J.P. Morgan Healthcare Conference. The presentation is scheduled for Wednesday, January 11, 2023, at 9:00 a.m. Pacific Standard Time (PST). The presentation will be webcast live during the conference and will be available in the ‘Investors’ section of Immunocore’s website at www.immunocore.com. A replay of the presentation...

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Century Therapeutics to Present at the 41st Annual J.P. Morgan Healthcare Conference

PHILADELPHIA, Jan. 04, 2023 (GLOBE NEWSWIRE) — Century Therapeutics (NASDAQ: IPSC), an innovative biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies in immuno-oncology, today announced that Lalo Flores, Ph.D., Chief Executive Officer, will present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023 at 9:45 AM PT. A live webcast of the event will be available on the Events & Presentations page of Century’s website. A replay of the webcast will be archived on the Company’s website for a limited time. About Century Therapeutics Century Therapeutics (NASDAQ: IPSC) is harnessing the power of adult stem cells to develop curative cell therapy products for cancer that we believe will allow us to overcome the limitations of first-generation cell therapies....

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