Month: May 2023

AUSTIN, Texas, May 05, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the first quarter of 2023. Company Highlights:●   March 31, 2023 we have 143 dealers●   Have taken pre-orders for the Stag of more than $113 million of expected revenue if all orders are fulfilled1●   Taken delivery of our first five Stag validation units in 2023 that include our custom suspension parts in addition to the GM propulsion components●   Grunt EVO and Runt LT launch expected in the second quarter of 2023●   Signed Brazil distributor agreement     The Company had a net loss of 8 dealers and Stag pre-orders in the quarter due to dealer terminations. Jordan Davis, CEO notes, “We...

NEW YORK, May 05, 2023 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing results for the fiscal quarter ended March 31, 2023 on Tuesday, May 9, 2023 after the close of the markets. The Company also expects to issue its earnings press release on Tuesday, May 9, 2023 after the close of the markets. The Company will host a conference call on Wednesday, May 10, 2023 at 9:00 a.m. Eastern Time. The conference call dial-in number will be 888-338-7333. A recording of the conference call will be available for approximately 30 days. To hear a replay, call 877-344-7529 and use passcode 2705855. The conference call will also be available via a live listen-only webcast on the Company’s website, www.prospectstreet.com....

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...

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...

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%...

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...