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Month: March 2023

Mersana Therapeutics Provides Statement About SVB

CAMBRIDGE, Mass., March 10, 2023 (GLOBE NEWSWIRE) — Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided an update about its capital resources. A de minimis amount of Mersana’s capital is currently held in a checking account at Silicon Valley Bank (SVB). The balance of the company’s capital resources is held in a custodial account managed by another institution and in money market funds of institutions other than SVB. Mersana has a loan and security agreement with Oxford Finance LLC and SVB. As previously disclosed, to date the company has borrowed $25 million under the loan agreement, and $15 million is available to be borrowed at the company’s...

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BetterLife Files Amended and Restated Offering Document for Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB : BETRF / FRA: NPAU) , an emerging biotech company focused on the development and commercialization of cutting-edge treatments for mental disorders, announces that it has filed an amended and restated offering document for its previously announced private placement offering (the “Offering”) of units of the Company (“Units”). The Units offered will be offered to purchasers resident in the provinces set forth in the Offering Document (as defined below), pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and will not be subject to a hold period...

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Aptose Reports Immaterial Financial Exposure to Silicon Valley Bank

SAN DIEGO and TORONTO, March 10, 2023 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (“Aptose” or the “Company”) (Nasdaq: APTO; TSX: APS), a clinical-stage precision oncology company developing highly differentiated oral kinase inhibitors to treat hematologic malignancies, is aware of reports related to Silicon Valley Bank (“SVB”) and questions raised by interested parties. Aptose has not entered into a line of credit with SVB, and therefore has no exposure related to any credit facility. Aptose held a deposit account at SVB with approximately $0.3 million in excess of the $250,000 FDIC-insured limit. Aptose does not believe these amounts represent a material portion of its cash and cash equivalents. The Company does not expect any material impact on operations, payroll, or ongoing clinical trials. Non-SVB institutions serve as custodians...

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The Tile Shop to Participate in the Loop Capital Markets and UBS Global Consumer Retail Conferences

MINNEAPOLIS, March 10, 2023 (GLOBE NEWSWIRE) — Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced Karla Lunan, Chief Financial Officer, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer, will participate in the Loop Capital Markets Investor Conference on March 14, 2023 and the UBS Global Consumer Retail Conference on March 16, 2023. Both conferences will be held at the Lotte New York Palace (455 Madison Avenue). To schedule a one-on-one meeting with management, please contact your Loop representative, UBS representative or Mr. Davis at mark.davis@tileshop.com. In conjunction with the Company’s participation in the conferences, an updated investor presentation will be available at investors.tileshop.com under “Presentations”...

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Paycor Issues Statement Related to Silicon Valley Bank

CINCINNATI, March 10, 2023 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that it does not hold cash deposits or securities, including customers’ funds, at Silicon Valley Bank. About Paycor Paycor’s human capital management (HCM) platform modernizes every aspect of people management, from recruiting, onboarding and payroll to career development and retention, but what really sets us apart is our focus on leaders. For more than 30 years we’ve been listening to and partnering with leaders, so we know what they need: a unified HR platform, easy integration with third party apps, powerful analytics, talent development tools, and configurable technology that supports specific industry needs. That’s why more than 30,000 customers...

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Goat Industries Enters Into Agreements to Acquire Mining Claims in Quebec

VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) — Goat Industries Ltd., (the “Company or “GOAT”) (CSE: GOAT) is pleased to announce that it has entered into two separate asset purchase agreements to acquire certain claim blocks located in Quebec, Canada (the “Lacana-Doran Property”). The Lacana-Doran Property consists of 1,925 hectares of land located west of Aguanish, 100 km east of Havre St. Pierre and 320 km east of Sept Iles in Quebec, Canada. The Lacana-Doran Property encompasses five Quebec-designated occurrences: Lacana-Doran; DMC-R01; MZX-TR-18; Ech L6-L10; and Ech CS06-G1, as well as three (3) designated rock samples with historic reported Lithium values, and a part of another occurrence designated as the “Area C” of the occurrence known as Riv. Nabisipi with Uranium and rare earth Bastnaesite. The Lacana-Doran...

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CERBERUS SENTINEL TO PARTICIPATE AT THE 35th ANNUAL ROTH CONFERENCE

Scottsdale, AZ, March 10, 2023 (GLOBE NEWSWIRE) — via InvestorWire — Cerberus Sentinel (NASDAQ: CISO) an industry leader as a managed cybersecurity and compliance provider, based in Scottsdale, Ariz., today announces the Company’s participation presenting at the 35th Annual Roth Conference.   Event    35th Annual Roth Conference  Date   March 12-14, 2023  Location   Dana Point, CA   This year’s event will consist of 1-on-1 / small group meetings, analyst-selected fireside chats, thematic industry panels, and company presentations by executive management from approximately 400 private and public companies in a variety of growth sectors including: Business Services, Consumer / Health & Wellness, Healthcare, Resources: Oil & Gas / Metals & Mining, Technology, Media & AgTech and Sustainability/ESG. To...

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Cool Company Ltd. concludes regulatory review process for NYSE listing and provides update on trading suspension

Bermuda, March 10, 2023: Reference is made to the press release published by Cool Company Ltd. (“CoolCo” or the “Company”) on February 14, 2023, regarding the Company’s public filing of a registration statement with the U.S. Securities and Exchange Commission (“SEC”) to list its common shares on the New York Stock Exchange (“NYSE”). The U.S. regulatory review process has concluded. Following this, the Company has filed an acceleration request asking the SEC to declare its registration statement effective on March 14, 2023. In connection with the listing of the Company’s shares on the NYSE and to facilitate the transfer of the Company’s shares between the NYSE and Euronext Growth Oslo, the Company will amend the registration structure for its shares (the “Reregistration Process”). A trading suspension of the Company’s shares will be required...

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Nasdaq Halts SVB Financial Group

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted on March 10, 2023 in SVB Financial Group (Nasdaq: SIVB and SIVBP) at 08:35:18 Eastern Time for “news dissemination” from the company at a last sale price of $106.04 (Nasdaq: SIVB), and $15.23 (Nasdaq: SIVBP). Trading will remain halted until SVB Financial Group has fully satisfied Nasdaq’s request for additional information. For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes℠ on the Nasdaq® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq Media Contact: Sophia Weisssophia.weiss@nasdaq.com NDAQO

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Ascent Solar Technologies, Inc. Announces Full Year 2022 Financial Results

THORNTON, CO, March 10, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today its results for the full year ended December 31, 2022. Full Year 2022 Financial Results Total revenues during 2022 were $1.2 million, representing a 101% year-over-year increase. The increase in revenues was due primarily to milestone and engineering revenue from the Company’s joint venture with TubeSolar, a German developer and manufacturer of photovoltaic thin-film tubes used primarily in the agricultural production sector. Costs and expenses in 2022 increased 94% year-over-year to $18.3 million. The most significant driver to increased costs and...

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