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Month: April 2023

ZyVersa Therapeutics Reports Fourth Quarter and Year-End 2022 Corporate and Financial Results

Key Highlights:Closed business combination with Larkspur Health Acquisition Corp. in December 2022 and began trading on Nasdaq Global Market under the ticker symbol “ZVSA” Planning underway with nephrologists for an investigator-initiated clinical trial in focal segmental glomerulosclerosis (“FSGS”) and up to two other renal populations to gain human proof-of-concept for Cholesterol Efflux Mediator™ VAR 200 Recently published data in peer-reviewed journals detail the mechanism of action of inflammasome ASC inhibitor IC 100, and support its CNS activity in preclinical models of aging and Alzheimer’s disease Added three new Board members and three new members to Renal Scientific Advisory BoardWESTON, Fla., April 03, 2023 (GLOBE NEWSWIRE) — ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA, or “ZyVersa”), a clinical-stage...

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Vista Bancshares, Inc. Completes Acquisition of Charis Holdings, Inc.

Vista Bank Dallas Corporate Headquarters Vista Bank’s corporate headquarters are located at 5840 W. Northwest Highway, near the intersection of the Dallas North Tollway in Preston Center. In addition executive offices, there is a full-service Banking Center on the first floor. Vista’s drive-through location is conveniently located around the corner off Preston Road in Highland Park.John D. Steinmetz, Vista Bank Chief Executive Officer Named Vice-Chairman of the holding company Vista Bancshares in 2018, John D. Steinmetz is laser-focused on continually increasing shareholder value. Since taking the helm, Steinmetz has ensured responsible, disciplined organic growth approaching 700% in the last decade. A 2022 DCEO Financial Executive Award Nominee for Outstanding Public Service, 2021 DCEO Dallas 500 recipient, 2019 Dallas...

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From Grinding to Polishing: The Remarkable Evolution of Abrasive Tools Market

SkyQuest’s Abrasive Tools market report is excellent information for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford, USA, April 03, 2023 (GLOBE NEWSWIRE) — SkyQuest forecasts that the Abrasive Tools market will experience a growth in value to USD 74.9 billion by 2030 at a CAGR of 5.62% during the forecast period (2022-2030), driven by increased demand from end users, advancements in technology and innovation,...

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Assure Holdings Reports 2022 Year End Financial Results

DENVER, April 03, 2023 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today reported financial results for the full year ended December 31, 2022.Key Financial Metrics (in thousands of USD) FY 2022 FY 2021Gross Revenue $28,854   $36,583  Accounts Receivable Reserve   (17,878 )   (7,391 )Revenue, net   10,976     29,192  Gross margin   (4,214 )   14,874  Total Operating Expenses   23,610     17,001  Net loss   (30,112 )   (2,756 )Adjusted EBITDA*   (18,497 )   1,088  *See Explanation of Non-GAAP Financial Measures below for an explanation of Adjusted EBITDA and a reconciliation to GAAP financial measuresKey Operational Metrics 4Q’22 4Q’21 FY 2022 FY 2021Remote Neurology...

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First Source Mortgage Fund Increases Monthly Distributions to Investors

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Effective March 31, 2023, the First Source Mortgage Fund (“the Fund”) has increased the monthly distribution to investors from 62.5bps to 65bps. The result of this increase is a compounded annualized return of 8.03% for Class F units. The continued impressive performance of the Fund is a result of their best-in-class underwriting practices, an increasing interest rate environment, and the dedication of the highly experienced team of professionals who manage the fund. “We currently observe a healthy and robust alternative commercial mortgage market. The increasing interest rate environment has resulted in an influx of highly qualified deals that, fortunately for us, do not meet the stringent and inflexible requirements imposed by traditional lenders. We are open for new investor capital,...

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INmune Bio, Inc. Announces Submission of Investigational New Drug (IND) Application for INKmune™ to the U.S. Food and Drug Administration for Treatment of Metastatic Castration-Resistant Prostate Cancer

BOCA RATON, Fla., April 03, 2023 (GLOBE NEWSWIRE) —  INmune Bio, Inc. (NASDAQ: INMB) (the “Company”), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, today announced that the Company has submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) for the use of INKmune™ to treat metastatic castration-resistant prostate cancer (mCRPC). “We believe this IND highlights the potential for INKmune™, our natural killer cell targeting immunotherapy, to treat solid tumors,” said RJ Tesi M.D., CEO of INmune Bio. “We believe INKmune™ provides a new treatment option that may allow men with mCRPC to safely avoid cytotoxic chemotherapy and potentially live longer.”  The trial is expected to take...

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Fortinet to Announce First Quarter 2023 Financial Results

SUNNYVALE, Calif., April 03, 2023 (GLOBE NEWSWIRE) — News SummaryFortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its first quarter 2023 financial results on Thursday, May 4, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start. The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings. About...

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ZimVie Announces Expanded Reimbursement and Exemplary Clinical Rating for Mobi-C®

Mobi-C obtains French government reimbursement and the highest quality rating from the British clinical data panel ODEP WESTMINSTER, Colo., April 03, 2023 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today announced that the French Republic has published its approval for the reimbursement of the Mobi-C® Cervical Disc in both the public and private sectors in France. In addition, the clinical data for Mobi-C was awarded the highest quality rating of 10A* by the Orthopaedic Data Evaluation Panel in the United Kingdom. Physicians have used Mobi-C, ZimVie’s market-leading device for cervical disc replacement at one level or two contiguous levels, to treat patients in France and the U.K. since 2004. “This reimbursement of the Mobi-C prosthesis is really excellent news....

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Pushpay’s Annual State of Church Tech Report Shows Refined Use of Ministry Tools Among Catholic Churches

New results reveal the significant role that technology and digital solutions now play among parishes and diocese nationwide REDMOND, Wash., April 03, 2023 (GLOBE NEWSWIRE) — Pushpay (NZSX:PPH, ASX:PPH, ‘Pushpay’ or ‘the Company’), the leading payments and engagement solutions provider for faith-based and non-profit sectors, today released its latest 2023 State of Church Tech report, specifically for Catholic churches. The annual report surfaces current adoption trends, considerations, desires, and barriers to embracing new technology among parishes and dioceses across the U.S. As the Catholic Church continues to evolve in a digital era, 96% of parish leaders believe technology is important to achieving their church’s mission. “As leaders in the Catholic Church, we are living in an unparalleled time of change...

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Norsemont Drilling Expands Area of Gold Mineralisation at Choquelimpie

Figure 1 Choquelimpie historic open pits and drill holes, with Norsemont’s 2021 drill hole locations. Holes with results reported here are highlighted in yellow.Figure 2 Plan Map of the Choque Pit showing gold intercepts in drill holes MV21-008 and 010. Results of holes MV21-006 and 009 were previously reported on March 2 and March 31, 2022, respectively.Figure 3 Cross-section A-A’ through drill hole MV21-008 showing significant gold intercepts and preliminary geological interpretation. Mineralisation is open along strike and to depth.Figure 4 Cross-section B-B’ through drill hole MV21-010 showing gold intercepts and a preliminary geological interpretation. Mineralisation is open along strike and to depth. Significant Au grades in the last 61 metres of drill hole MV21-010 confirm the extension to depth and continuity of the mineralised...

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