Entera Bio Announces Q1 2023 Financial Results and Corporate Updates

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

JERUSALEM, May 05, 2023 (GLOBE NEWSWIRE) — Entera Bio Ltd. (NASDAQ: ENTX), (“Entera” or the “Company”) a leader in the development of orally delivered peptides and therapeutic proteins, today reported corporate updates and financial results for the first quarter ended March 31, 2023. “Our primary objectives for 2023 are to finalize our discussion with the FDA regarding our registrational phase 3 study for EB613 in post-menopausal women with low bone mineral density (BMD) and osteoporosis, and to update on our PK study which will assess the potential for a novel oral PTH(1-34) candidate for the treatment of hypoparathyroidism,” said Miranda Toledano, the Company’s Chief Executive Officer. “We also remain focused on our earlier stage R&D initiatives with peptides that best align to our technology, such as GLP-2.” Corporate Updates...

Pardes Biosciences Reports First Quarter 2023 Financial Results

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

CARLSBAD, Calif., May 05, 2023 (GLOBE NEWSWIRE) — Pardes Biosciences, Inc. (NASDAQ: PRDS) today reported financial results for the first quarter ended March 31, 2023. “As previously announced this year, Pardes Biosciences has initiated a process to evaluate strategic alternatives to maximize shareholder value that may potentially result in changes to our business strategy,” said Thomas G. Wiggans, Chief Executive Officer and Chair of Pardes Biosciences. First Quarter 2023 Financial Results Pardes reported a net loss of $17.8 million for the three months ended March 31, 2023, as compared to a net loss of $21.4 million for the three months ended March 31, 2022. Decrease in net loss for the reporting period was primarily driven by decreases in professional fees related to legal fees and pre-commercial planning and an increase of...

Skyline Bankshares, Inc. Announces First Quarter 2023 Results

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

FLOYD, Va. and INDEPENDENCE, Va., May 05, 2023 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTC QX: PKKW) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the first quarter of 2023. The Company recorded net income of $2.7 million, or $0.49 per share, for the quarter ended March 31, 2023, compared to net income of $2.4 million, or $0.43 per share, for the same period in 2022. First quarter 2023 earnings represented an annualized return on average assets (“ROAA”) of 1.10% and an annualized return on average equity (“ROAE”) of 14.78%, compared to 0.98% and 11.75%, respectively, for the same period last year. President and CEO Blake Edwards stated, “We are pleased to report strong earnings for the first quarter of 2023. Our earnings per share increased by 13.95%...

The Victory Bancorp, Inc., Announces 2023 First Quarter Earnings

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

LIMERICK, Pa., May 05, 2023 (GLOBE NEWSWIRE) — The Victory Bancorp, Inc. (OTCQX: VTYB), the holding company for The Victory Bank, announced unaudited results for the quarter ended March 31, 2023. Joseph W. Major, Bank Leader and Chief Executive Officer, stated, “Despite recent disturbances in the banking industry and a fluctuating economic environment, our experienced team’s commitment to providing quality lending and deposit options to clients and prospects has continued to propel the bank forward. We are pleased with the core performance of the bank in the first quarter, as both loans and deposits remained steady, with loans increasing approximately 1% and deposits declining approximately 2%.” Major concluded, “In 2020 and 2021, our bank, like many others, held excess liquidity on our balance sheet. However, we opted for a...

NeuroOne Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on May 5, 2023. Posted in Public Companies.

EDEN PRAIRIE, Minn., May 05, 2023 (GLOBE NEWSWIRE) — NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) (“NeuroOne” or the “Company”), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders today announced that, effective May 1, 2023, the Compensation Committee of the Board of Directors approved an equity award under the NeuroOne Medical Technologies Corporation 2021 Inducement Plan (the “Inducement Plan”), as a material inducement to one individual entering into employment with the Company. The equity award was approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a public announcement of awards that are not made under a stockholder approved equity plan. In connection with entering into employment...

MISTRAS Group to Participate in Sidoti Microcap Virtual Conference on May 11, 2023

Written by Customer Service on May 5, 2023. Posted in Public Companies.

Management Presentation to be Webcast Live at 11:30am ET on May 11 PRINCETON JUNCTION, N.J., May 05, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be participating in the Sidoti Microcap Virtual Conference on Thursday, May 11, 2023. Management will be presenting a Fireside chat on May 11 at 11:30-12PM ET, Track 2. To register to attend and to access the presentation, please visit https://sidoti.zoom.us/webinar/register/WN_9V7L-ZkpQ6OAfoEarsk91w. Management will also be available for one-on-one meetings on May 11. To...

Vallourec to resume full production at its Pau Branco iron ore mine

Written by Customer Service on May 5, 2023. Posted in Public Companies.

Vallourec to resume full production at its Pau Branco iron ore mine Meudon, France, 5 May 2023 – Vallourec has obtained the necessary permissions from the state mining and environmental authorities for the full release of the Cachoeirinha core waste pile. The Pau Branco iron ore mine is set to return to full production by the end of Q2 2023 at the latest. Operations at the Pau Branco mine were temporarily suspended in January 2022 following flooding-related damage to its core Cachoeirinha waste pile. Operations were partially restarted in May 2022 using alternative waste piles, albeit at lower-than-normal capacity levels. The production sold in 2022 reached 4.0 million tonnes, well below the full potential of 8.7 million tonnes per annum. Vallourec now confirms that production sold in Q1 2023 was in line with guidance for approximately...

Velan Shareholders Approve Acquisition by Flowserve

Written by Customer Service on May 5, 2023. Posted in Mergers And Acquisitions.

MONTREAL, May 05, 2023 (GLOBE NEWSWIRE) — Velan Inc. (“Velan”) (TSX: VLN) today announced that holders (the “Shareholders”) of subordinate voting shares (the “SVS”) and of multiple voting shares (the “MVS” and, collectively with the SVS, the “Shares”) of Velan have approved the proposed arrangement resolution in connection with the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”) pursuant to which all of Velan’s issued and outstanding Shares would be acquired for $13.00 per Share in cash by the Purchaser, a wholly owned subsidiary of Flowserve Corporation (the “Arrangement”). The arrangement resolution had to be approved by not less than two...

Hallmark Announces AM Best Rating Changes, Interim Final Arbitration Award, and Partnership with an AM Best “A” Rated Carrier

Written by Customer Service on May 5, 2023. Posted in Public Companies.

Hallmark Financial Services, Inc. Hallmark Financial Services, Inc. DALLAS, May 05, 2023 (GLOBE NEWSWIRE) — AM Best announced today that it has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bbb-” (Good) and the associated Long-Term Issue Ratings (Long-Term IRs) of Hallmark Financial Services, Inc. (Hallmark) [NASDAQ: HALL]. Concurrently, AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term ICRs to “bbb” (Good) from “a-” (Excellent) of the members of Hallmark Insurance Group. In addition, AM Best has maintained the under review with negative implications status of all Credit Ratings (ratings). As previously disclosed in Hallmark’s public filings, certain of Hallmark’s subsidiaries are parties to an arbitration proceeding relating to...

EIB submits SEC Form 18-K

Written by Customer Service on May 5, 2023. Posted in Public Companies.

For immediate release 5 May 2023 EIB submits SEC Form 18-K The European Investment Bank (EIB) has submitted its SEC Form 18-K. To view the document, please go to www.sec.gov. The 18-K has also been posted on the EIB website: https://www.eib.org/en/investor-relations/publications/all/eib-annual-18-k-report-2022 ENDS

Day: May 5, 2023

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