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Day: May 11, 2023

Methode Announces Final Results of Subsequent Offer for Shares of Nordic Lights Group Corporation

CHICAGO, May 11, 2023 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced that, further to the news release on May 9, 2023, regarding the preliminary results of its subsequent offer for remaining outstanding shares of Nordic Lights Group Corporation, the final results confirm that:1,400,934 shares were validly tendered during the subsequent offer period representing approximately 6.7 percent of the share capital of Nordic Lights; and together with the shares validly tendered during the original offer period (which expired on April 14, 2023) and which have otherwise since been acquired by Methode, this represents approximately 99.4 percent of the share capital of Nordic Lights.Methode...

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ATA Creativity Global Reports First Quarter 2023 Financial Results

Conference Call on Thursday, May 11, 2023, at 9 p.m. ET with Accompanying Investor Presentation BEIJING, May 11, 2023 (GLOBE NEWSWIRE) — ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results for the quarter ended March 31, 2023 (“First Quarter 2023”). First Quarter 2023 HighlightsDuring First Quarter 2023, student enrollment was 1,097, an increase of 10.0% from 997 in the prior-year period. Excluding the 171 enrollments from the foreign language training business ACG disposed of in Third Quarter 2022, student enrollment increased by 271 compared to the prior-year period. Of the 1,097 students, 648 were enrolled in ACG’s...

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Canterbury Park Holding Corporation Reports First Quarter Results

SHAKOPEE, Minn., May 11, 2023 (GLOBE NEWSWIRE) — Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today reported financial results for the first quarter ended March 31, 2023.($ in thousands, except per share data and percentages)  Three Months Ended March 31,   2023    2022   ChangeNet revenues $13,300   $13,638   -2.5%           Net income   $2,771   $1,774   56.2%           Adjusted EBITDA (1) $2,482   $3,547   -30.0%           Basic EPS $0.57   $0.37   53.8%Diluted EPS $0.56   $0.36   54.2%(1) Adjusted EBITDA, a non-GAAP measure, excludes certain items from net income, a GAAP measure. Non-GAAP financial measures are not intended to be considered in isolation from, a substitute for, or superior to GAAP results. Definitions, disclosures, and reconciliations...

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DICE Therapeutics Reports First Quarter 2023 Financial Results and Recent Highlights

First patient dosed in global Phase 2b clinical trial of lead oral IL-17 inhibitor, DC-806, in moderate-to-severe psoriasis Topline data from Phase 1 clinical trial of second oral IL-17 inhibitor, DC-853, in healthy volunteers expected in 2H 2023 Strong financial position with $554.5 million in cash, cash equivalents and marketable securities, providing runway into 2026 and through multiple expected clinical milestonesSOUTH SAN FRANCISCO, Calif., May 11, 2023 (GLOBE NEWSWIRE) — DICE Therapeutics, Inc. (Nasdaq: DICE) (DICE or the Company), a biopharmaceutical company leveraging its proprietary DELSCAPE technology platform to build a pipeline of novel oral therapeutic candidates to treat chronic diseases in immunology, today reported financial results for the first quarter ended March 31, 2023, and highlighted recent corporate...

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Homology Medicines Reports First Quarter 2023 Financial Results and Recent Highlights

– On Track to Report Initial Clinical Data from pheEDIT PKU Gene Editing Trial Mid-Year 2023 – – First Presentations of Preclinical Data with GTx-mAb Development Candidate HMI-104 for PNH, and Potential for Re-Dosing with AAVHSCs, at Upcoming ASGCT Meeting – – Solid Financial Position with Anticipated Cash Runway into Fourth Quarter 2024 – BEDFORD, Mass., May 11, 2023 (GLOBE NEWSWIRE) — Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today financial results for the first quarter ended March 31, 2023, and highlighted recent accomplishments. “We look forward to announcing the first gene editing data in people with PKU, as we are on track to report initial clinical data mid-year 2023 from our pheEDIT trial evaluating HMI-103,” said Albert Seymour, Ph.D., President...

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ImmuCell Announces Unaudited Financial Results for the Quarter Ended March 31, 2023

PORTLAND, Maine, May 11, 2023 (GLOBE NEWSWIRE) — ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell” or the “Company”), a growing animal health company that develops, manufactures and markets scientifically proven and practical products that improve the health and productivity of dairy and beef cattle, today announced its unaudited financial results for the quarter ended March 31, 2023. Management’s Discussion:“Our unaudited, preliminary product sales were first reported on April 5, 2023,” commented Michael F. Brigham, President and CEO of ImmuCell. “We have no changes to those figures.” “We have just persevered through the most difficult quarter in the history of the Company,” continued Mr. Brigham. “As previously disclosed, we made the strategic decision to significantly reduce production output to remediate a production contamination...

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Vincerx Pharma Reports First Quarter 2023 Financial Results and Provides Corporate Update

Enrollment continues in Phase 1 dose escalation study for VIP236, a first-in-class αvβ3 small molecule drug conjugate (SMDC) for the treatment of solid tumors IND filing for VIP943, a next-generation antibody-drug conjugate (ADC), for treatment of CD123+ hematologic malignancies on track for mid-2023 Cash balance expected to support planned operations into late 2024 PALO ALTO, Calif., May 11, 2023 (GLOBE NEWSWIRE) — Vincerx Pharma, Inc. (Nasdaq: VINC), a biopharmaceutical company aspiring to address the unmet medical needs of patients with cancer through paradigm-shifting therapeutics, today reported financial results for the first quarter ended March 31, 2023 and provided a corporate update. “The ADC space is going through an exciting period of innovation,” said Ahmed Hamdy, M.D., Chief Executive Officer of Vincerx. “The therapeutic...

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Rigetti Computing Reports First Quarter 2023 Results

Fourth Generation Ankaa-1 Chip Demonstrates Median 2-Qubit Gate Fidelity and Gate Speed Improvements Superior to Aspen M-3 BERKELEY, Calif., May 11, 2023 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial HighlightsTotal revenues for the three months ended March 31, 2023 were $2.2 million, compared to $2.1 million in the same period of 2022. Total operating expenses for the three months ended March 31, 2023 were $23.7 million, compared to $27.0 million in the same period of 2022. Operating loss for the three months ended March 31, 2023 was $22.0 million, compared to $25.3 million in the same period of 2022. Net loss for the three...

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LiveOne to Present at the 18th Annual Needham Technology & Media Conference on May 16th at 1:30pm ET

LOS ANGELES, CA, May 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today that its CEO and Chairman, Robert Ellin, will present at the upcoming 18th Annual Needham Technology & Media Conference on Tuesday, May 16th at 1:30 PM ET. Event: LiveOne, Inc. Presentation at the 18th Annual Needham Technology & Media Conference Date: Tuesday, May 16, 2023Time: 1:30 PM ETRegister to watch both the live presentation and the replay here:https://wsw.com/webcast/needham131/lvo/2083735 Mr. Ellin will be available for one-on-one meetings with institutional investors during the conference. For more information about the conference or to request a one-on-one meeting, please contact a Needham sales representative. About LiveOne,...

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Manitou Gold Shareholders Approve Plan of Arrangement

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — MANITOU GOLD INC. (TSX-V: MTU) (“Manitou” or “the Company”) is pleased to announce that at its special shareholder meeting held today (the “Meeting”), Manitou obtained the requisite shareholder approval of its previously announced proposed plan of arrangement pursuant to which Alamos Gold Inc. (TSX: AGI, NYSE: AGI) (“Alamos”) will acquire all of the outstanding common shares of Manitou (“Manitou Shares”) not already owned by Alamos (the “Arrangement”). For further details of the Arrangement, please refer to the Company’s press release dated February 28, 2023, and the management information circular of the Company dated April 10, 2023, in respect of the Meeting, each available on SEDAR under Manitou’s profile...

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