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Day: May 18, 2023

Addex Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Ad Hoc Announcement Pursuant to Art. 53 LR  Geneva, Switzerland, May 18, 2022 – Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug discovery and development (the Company), announced today that it had received written notification from Nasdaq indicating that, for the last thirty consecutive business days, the bid price for the Company’s American Depositary Shares (ADSs) had closed below the minimum US$1.00 per ADS requirement for continued listing on Nasdaq under listing rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), Addex has been provided an initial period of 180 calendar days to regain compliance and will receive written notification if the Company achieves compliance at any time during this period. Compliance will be achieved...

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Intapp Announces Pricing of Public Offering of Common Stock

PALO ALTO, Calif., May 17, 2023 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA) (the “Company”), a leading provider of cloud software for the global professional and financial services industry, today announced the pricing of an underwritten public offering (the “Offering”) of 6,250,000 shares of its common stock at a public offering price of $36.50 per share, before underwriting discounts and commissions. The Offering consists of 2,000,000 shares being sold by the Company and 4,250,000 shares being sold by certain selling stockholders, resulting in aggregate gross proceeds of approximately $73.0 million to the Company and approximately $155.1 million to the selling stockholders, before deducting underwriting discounts and commissions. In addition, certain of the selling stockholders have granted the underwriters an option for a...

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Cabaletta Bio Announces Pricing of Public Offering of Common Stock

PHILADELPHIA, May 17, 2023 (GLOBE NEWSWIRE) — Cabaletta Bio, Inc. (“Cabaletta” or the “Company”) (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies for patients with autoimmune diseases, today announced the pricing of an underwritten public offering of 7,250,000 shares of its common stock at a public offering price of $12.00 per share. Cabaletta also granted the underwriters a 30-day option to purchase up to an additional 1,087,500 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be $87 million, excluding any exercise of the underwriters’ option to purchase additional...

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Vivid Seats Announces Pricing of Secondary Offering of Class A Common Stock

CHICAGO, May 17, 2023 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced the pricing of a secondary underwritten public offering of 16,000,000 shares of the Company’s Class A common stock (“Class A common stock”) by Hoya Topco, LLC (the “selling stockholder”) at a price to the public of $8.00 per share. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A common stock. All of the shares in the offering will be sold by the selling stockholder. The offering is expected to close on May 22, 2023, subject to the satisfaction of customary closing...

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UPDATE — Lightspeed’s Newest Release of its Flagship Restaurant Platform Reimagines How US Customers Run Their Front-Of-House Operations

The Next Generation of Lightspeed Restaurant The Next Generation of Lightspeed RestaurantLightspeed Restaurant now drives more efficiencies in hospitality thanks to streamlined ordering and payments on smartphone devices, Advanced Insights, Intelligent Tip Management, advanced APIs, and robust offline capabilities MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) — Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants and restaurateurs around the world announced today the release of the latest version of its powerful restaurant solution: the Next Generation of Lightspeed Restaurant. This update, now available in the United States, revolutionizes restaurant operations by offering faster ordering and payments options on smartphones and by leveraging the power of data. New functionalities include:‘Pay...

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UPDATE — Saks Innovates Merchandising Processes with NuORDER by Lightspeed’s Cutting-Edge Digital Buying Solutions

NuORDER by Lightspeed and Saks NuORDER by LightspeedMONTREAL, May 17, 2023 (GLOBE NEWSWIRE) — Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, is pleased to announce that it has renewed its partnership with Saks, the premier digital platform for luxury fashion, for another four years. The platform has streamlined previously manual processes, slashing time spent on order creation by 50% and reducing time spent on purchase orders and item creation by a remarkable 90%.Tapping into Exponential EfficiencyBy adopting NuORDER by Lightspeed, Saks has modernized how it connects with brands and buyers. This collaboration enables Saks to digitize its buying and merchandising processes, make data-driven decisions...

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Micron to Bring EUV Technology to Japan, Advancing Next-Generation Memory Manufacturing

1-gamma to be produced in Micron’s Hiroshima fab HIROSHIMA, Japan, May 17, 2023 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) announced today it will be introducing extreme ultraviolet (EUV) technology to Japan, tapping this sophisticated patterning technology to manufacture its next generation of DRAM, the 1-gamma (1γ) node. Micron will be the first semiconductor company to bring EUV technology to Japan for production, with its Hiroshima fab playing a critical role in the company’s development of the 1-gamma node. Micron expects to invest up to 500 billion yen in 1-gamma process technology over the next few years, with close support from the Japanese government, to enable the next wave of end-to-end technology innovation such as rapidly emerging generative artificial intelligence (AI) applications. With each successive...

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Delta 9 Applauds Manitoba Government on Bill 10 Amendment to Repeal 6% Social Responsibility Fee

WINNIPEG, Manitoba, May 17, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQB: DLTNF) (“Delta 9” or the “Company”), is pleased to support Bill 10 proposed by the Manitoba Conservative Government which would repeal the 6% Social Responsibility Fee (the “SRF”) on gross retail cannabis revenues. The Bill, if passed, would eliminate SRF owing from retailers retroactive to January 1, 2022. During the public consultations on Bill 10, cannabis retailers, including Delta 9, have encouraged the government to waive the fees owed for 2022 and 2023. “We would like to thank the Manitoba Conservative Government and Minister Cullen for proposing the amendment to make the SRF repeal retroactive to January 2022. Cannabis retailers have voiced the need for this type of financial support to invest that capital back into their business,...

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