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Day: June 27, 2023

Performance Shipping Inc. Announces Time Charter Contract With ST Shipping at Fixed Floor Rate of US$45,000 Per Day Plus 50/50 Profit Share for LR2 Tanker, M/T P. Aliki

ATHENS, Greece, June 27, 2023 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping & Transport Pte Ltd., (the “Charterer”) for the 2010-built, 105,304 dwt, LR2 Aframax oil product tanker, the M/T P. Aliki. The gross charter rate will be based on a fixed floor rate of US$45,000 per day for a period of minimum four (4) months to a maximum of five and a half (5.5) months at the option of the Charterer, plus a 50/50 profit share provision above the floor rate. The charter commenced on June 26, 2023 and is expected to generate approximately a minimum of US$5.5 million to a maximum of US$7.5 million in gross...

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MCI Onehealth Seeking Approval to Extend the Deadline to Hold its 2022 AGM

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 27, 2023 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, announced today that it will be applying to the Ontario Superior Court of Justice (Commercial List) (the “Court”) under s.133(3) of the Canada Business Corporations Act (the “Act”) for an extension of time to call an annual general meeting of the shareholders of the Company in respect of its financial year ended December 31, 2022 until a date no later than September 30, 2023. The Company filed its Notice of Application with the Court on June 27, 2023, and the application (the “Application”) will come on for a hearing on Friday June...

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Patriot Glass Solutions, a Division of C-Bond Systems, Partners with Curtis Stout, Inc. to Expand Sales and Distribution of C-Bond Secure and C-Bond BRS Shooter Attack Products to Schools, Jails/Detention Centers and Government/Commercial/Retail Entities Across Southwest and Gulf States

With a full-time sales force of 15 already selling safety and security solutions products to schools, courthouses, law enforcement buildings, courthouses, prisons, jails, detention centers, commercial buildings, retail, etc., Curtis Stout will market C-Bond Secure and C-Bond BRS to its significant customer network SAN ANTONIO, June 27, 2023 (GLOBE NEWSWIRE) — Patriot Glass Solutions, a division of C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a developer and marketer of glass strengthening solutions for enhanced safety, announced today that it has partnered with Curtis Stout, Inc. to expand sales of C-Bond Secure and C-Bond BRS (ballistic-resistant system) shooter attack film products. Under the new agreement, Curtis Stout will offer sales and support for C-Bond Secure and C-Bond BRS in the states of Arizona, Oklahoma,...

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Texas Capital Launches Innovative Onboarding Technology Solution for Commercial Businesses

With Texas Capital Initio™ commercial businesses can open accounts in days rather than weeks DALLAS, June 27, 2023 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, has announced the launch of Texas Capital Initio™, an internally developed, proprietary digital onboarding solution designed to revolutionize the commercial banking experience by simplifying and accelerating the process of opening an account. Initio, a market-leading cloud native software application, enables businesses to open commercial accounts within days, a significant improvement compared to other options that can often take multiple weeks. The solution does so by eliminating the burdensome and time-consuming manual processes traditionally associated with account onboarding, replacing them with...

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Theralink Technologies Appoints Faith Zaslavsky as Chief Executive Officer

Golden, Colorado, June 27, 2023 (GLOBE NEWSWIRE) — Theralink Technologies, Inc. (OTC: THER) (“Theralink” or the “Company”), a precision oncology company with a novel phosphoprotein and protein assay for breast cancer in the process of merging with IMAC Holdings, Inc. (NASDAQ: BACK), today announces the appointment of Faith Zaslavsky as its new Chief Executive Officer. Ms. Zaslavsky, who has served as the Company’s President and Chief Operating Officer since December 2022, will assume this role effective June 26, 2023, replacing Mick Ruxin, M.D., who will transition to Theralink’s Chief Medical Officer. “I am very excited to hand the reins to Faith as we take the strategic step to merge with IMAC,” commented Dr. Ruxin. “As we begin a new chapter of shifting our focus from research and development to commercialization...

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Jamf’s Continued Commitment to Leading Diversity, Equity, Inclusion, and Belonging

MINNEAPOLIS, June 27, 2023 (GLOBE NEWSWIRE) — Today, Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, proudly announced its participation in the renowned CEO Action for Diversity & Inclusion™ pledge. This powerful initiative brings together business leaders from various industries to foster a more inclusive workplace environment and drive meaningful change. CEO Action for Diversity & Inclusion™ is the largest CEO-driven business commitment to advancing diversity, equity, inclusion and belonging within the workplace. By joining this influential campaign, Jamf demonstrates its ongoing dedication to creating a more equitable and inclusive society while championing a diverse workforce and promoting a culture of belonging. “As a company committed to fostering a culture of inclusivity,...

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New Research Shows Simufilam Suppresses Overactive mTOR

Overactive mTOR Plays a Key Role in Aging and Alzheimer’s Disease.Simufilam Suppresses Overactive mTOR, Suggesting a Beneficial Drug Effect. Research is Published in Frontiers in Aging, a Peer-reviewed Journal.AUSTIN, Texas, June 27, 2023 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company, today announced the publication of a new paper in Frontiers in Aging, a peer-reviewed journal focused on age-related scientific research. The new paper examined the effects of simufilam on mTOR. Simufilam is Cassava Sciences’ novel, oral drug candidate currently in Phase 3 clinical testing in patients with mild-to-moderate Alzheimer’s disease dementia. “Today’s publication suggests a meaningful impact of simufilam on overactive mTOR signaling,” said Lindsay Burns, PhD, SVP Neuroscience...

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Atossa Therapeutics Announces $10M Stock Repurchase Program

SEATTLE, June 27, 2023 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical stage biopharmaceutical company developing innovative proprietary medicines to address significant unmet needs in oncology with a focus on breast cancer, today announces that its Board of Directors has approved a share repurchase program with authorization to purchase up to $10 million of its common stock through December 31, 2023. “We are committed to strategically deploying capital to drive long-term value for stockholders,” said Dr. Steven Quay, Atossa’s President and Chief Executive Officer. “We believe that the current macroeconomic environment along with the long-term prospects of our business provide a unique buyback opportunity and this stock repurchase program reflects our confidence in the execution of our strategic...

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Innovative Payment Solutions Provides Update on IPSIPay Express

New Payment Processing Joint Venture Making Progress Towards Anticipated Third Quarter Launch and Initial Revenues Joint Venture Expands into Traditional Credit Card Processing in Addition to New Real-Time Consumer-To-Merchant Payments Solution CARMEL BY THE SEA, Calif., June 27, 2023 (GLOBE NEWSWIRE) — Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“IPSI” or the “Company”), a FinTech provider of proprietary digital payment platforms that enable transfers of money by means of convenient, fast, cost effective and secure systems, today provided an update on IPSIPay Express™ (IPEX), its joint venture with payment industry veterans OpenPath and eFinityPay originally announced on May 1, 2023. IPEX was formed to provide a new proprietary, real-time consumer-to-merchant payment solution called Instant-Settlement in RealTime™....

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AMG Announces Partnership with Forbion

•   AMG to invest in Forbion, a leading pan-European life sciences venture capital and growth equity firm•   Partnership will further diversify AMG’s business and enhance its participation in private markets and life sciences•   Will enable Forbion to access clients in new geographies and channels and continue to build an enduring, multi-generational firm•   Forbion co-founders will remain committed to the firm over the long term, and the Forbion partnership will continue to own a significant majority of the company’s shares•   Forbion partners will retain their investment independence and operational autonomy, in line with AMG’s partnership approach     WEST PALM BEACH, Fla., June 27, 2023 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management...

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