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Month: May 2023

Regency Centers to Acquire Urstadt Biddle Properties in All-Stock Transaction

JACKSONVILLE, Fla. and GREENWICH, Conn., May 18, 2023 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency”) (Nasdaq: REG) and Urstadt Biddle Properties Inc. (“Urstadt Biddle” or “UBP”) (NYSE: UBA and UBP) today announced that the two companies have entered into a definitive merger agreement (the “Agreement”) by which Regency will acquire Urstadt Biddle in an all-stock transaction, valued at approximately $1.4 billion, including the assumption of debt and preferred stock. The combined company is expected to have a pro forma equity market capitalization of approximately $11 billion and total enterprise value of approximately $16 billion. Under the terms of the Agreement, Urstadt Biddle’s Class A Common (UBA) and Common (UBP) stockholders will receive 0.347 of a newly-issued REG share for each UBA or UBP share they own, representing...

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Legion Capital Announces 2022 Financial Results

Specialized Lender reports second straight year of operating profitability ORLANDO, Fla., May 18, 2023 (GLOBE NEWSWIRE) — Legion Capital (OTC:LGCP), a specialized real estate and business lender providing growth capital to small and medium sized companies and real estate developers, today announced audited financial results for its fiscal year 2022 ended December 31, 2022. Highlights from the 1-K annual report filed are:The Company reported an increased year over year annual profit with a reported operating profit of $1,078,094 compared to a reported operating profit of $279,600 in 2021, an increase of 285%.The Company ended the year with $8,322,114 of cash, compared with $16,898,222 in 2021, a 51% decrease resulting from capital deployment into new loan originations.  Revenue increased to $6,876,274 in 2022 from $3,265,718...

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Zai Lab Announces That Repotrectinib Granted Priority Review by China’s NMPA

SHANGHAI, China and CAMBRIDGE, Mass., May 18, 2023 (GLOBE NEWSWIRE) — Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) today announced that the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) has granted priority review to repotrectinib for the treatment of adult patients with locally advanced or metastatic ROS1-positive non-small-cell lung cancer (NSCLC). “The CDE’s decision to grant priority review to repotrectinib underscores repotrectinib as a potential next-generation best-in-class treatment for ROS1-positive NSCLC in both TKI-naïve and pretreated patients in China,” said Rafael G. Amado, M.D., President, Head of Global Oncology Research and Development at Zai Lab. “We thank the agency for their commitment and continued support to patients in need, and we look forward to our continued...

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CGrowth Capital Inc. Unveils Star Studded Executive Board for Its Sports Division 

NEW YORK, NY, May 18, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – CGrowth Capital Inc. (OTC: CGRA) is a public holding company for alternative and undervalued assets. The company is sector and industry agnostic and is solely focused on investing in growth-oriented opportunities where the company’s capital, expertise, and capabilities can help create significant added value for shareholders. CGrowth Capital Inc. (CGRA) is thrilled to announce an exciting expansion to its executive team with the appointment of a highly experienced board to the company’s sports division. This team, whose members have been updated on the company’s sports division website, brings a wealth of industry experience and a proven track record of delivering exceptional results in the sports industry. The new team’s appointment signals a significant...

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PyroGenesis Announces Receipt of $2MM Payment Under Existing Drosrite™ Contract

MONTREAL, May 18, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (“PyroGenesis” or the “Company”) (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases, today announces that it has received a payment of US$1.5 million (approximately CA$2 million) under the Company’s existing CA$25+ million Drosrite™ contract. A balance of US$8 million (approximately CA$10.7 million) remains to be received under the contract. As previously announced, PyroGenesis contracted with Drosrite International LLC, which was in turn contracted by Radian Oil and Gas Services Company for an order of 7 Drosrite™ systems. The first three systems have passed site acceptance testing and...

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High Wire Reports Record First Quarter 2023 Revenue up 91% to $10.2 Million

Reiterates 2023 Guidance: Revenue up 59%-74% to $43 million-$47 million, Driving Positive Operating Income, Cash Flow and Adjusted EBITDA BATAVIA, Ill., May 18, 2023 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, reported results for the three months ended March 31, 2023. All comparisons are to the same year-ago period unless otherwise noted. On March 8, 2023, High Wire announced the sale of its legacy staffing business. The following financial results are provided on a pro forma basis that excludes this divested business and provides only the results from the company’s continuing managed cybersecurity and technology enablement business. GAAP results for the first quarter of 2023 can be found at www.sec.gov in the company’s quarterly report...

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Lands’ End Announces First Quarter 2023 Earnings Conference Call

DODGEVILLE, Wis., May 18, 2023 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, June 1st, 2023, to discuss its first quarter 2023 financial results. A news release containing these results will be issued before the call. Listeners may access a live broadcast of the conference call on the Company’s investor relations website: http://investors.landsend.com/ in the Events and Presentations section. An online archive of the broadcast will be available at approximately noon on June 1, 2023, and will be accessible on the Company’s website: http://investors.landsend.com/ in the Events and Presentations section. About Lands’ End, Inc. Lands’ End, Inc. (NASDAQ:LE) is a leading digital retailer of casual clothing, swimwear, outerwear, accessories, footwear and...

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Fancamp Reports on Shining Tree Gold Property Exploration Program Joint Venture with Platinex

Figure 1: Platinex – Fancamp Joint Venture Property Locations Figure 1: Platinex – Fancamp Joint Venture Property LocationsFigure 2: Shining Tree Gold Project Target Areas Figure 2: Shining Tree Gold Project Target AreasVANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) is pleased to share the recent program updates and announcement made by Platinex Inc. (CSE:PTX) (“Platinex”) with regards to the Shining Tree Gold Property, in which the Corporation holds a 25% interest through South Timmins Mining Inc. (“Goldco”), a joint venture with Platinex Inc. (refer to news release dated March 14, 2023). GoldCo’s Shining Tree Gold Property is strategically located in the South-West region of the Abitibi Greenstone Belt, the world’s...

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Duluth Holdings Inc. to Report First Quarter 2023 Financial Results on June 1

MOUNT HOREB, Wis., May 18, 2023 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced that it will report first quarter 2023 financial results before market on Thursday, June 1, 2023. A conference call and audio webcast with analysts and investors will be held on Thursday, June 1, 2023 at 9:30 am Eastern Time, to discuss the results and answer questions. Live conference call: 1-844-875-6915 (domestic) or 1-412-317-6711 (international)Conference call replay available through June 8, 2023: 1-877-344-7529 (domestic) or 1-412-317-0088(international)Replay access code: 8504935 Live and archived webcast: ir.duluthtrading.com To expedite entry into the call and avoid waiting for a live operator,...

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Clear Aligners Market Size to Surpass USD 16.11 Billion by 2029, exhibiting a CAGR of 21.6%

As per the report by Fortune Business Insights, the global Clear Aligners Market size is projected to reach USD 16.11 billion in 2029, at a CAGR of 21.6% during the forecast period, 2022-2029 Pune, India, May 18, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Clear Aligners Market size was valued at USD 3.45 billion in 2021 and is projected to grow from USD 4.09 billion in 2022 to USD 16.11 billion by 2029, exhibiting a CAGR of 21.6% during the forecast period. The rising prevalence of malocclusion and unmet population needs are likely to elevate this industry’s progress. Fortune Business Insights presents this information in its report titled “Clear Aligners Market Forecast, 2022-2029”.Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/clear-aligners-market-101377Key...

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