Day: June 29, 2023
Common Shareholders to Receive Consideration of US$1.12 Per Share in Cash from the Arrangement Agreement with MPM BioImpact; Special Shareholder Meeting Scheduled July 12
Presented Encouraging Phase 1 Final Analysis at American Society of Clinical Psychopharmacology Annual Meeting
TORONTO, June 29, 2023 (GLOBE NEWSWIRE) — Reunion Neuroscience Inc. (NASDAQ: REUN, TSX: REUN) (“Reunion” or the “Company”), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, today reported fiscal results for the fourth quarter and year ended March 31, 2023 and provided a corporate update.
Corporate Updates
On June 1, 2023, Reunion announced that it has agreed to a take-private transaction from MPM BioImpact, a world-leading biotechnology investment...
Nano Dimension Announces Record Q1/2023 Results Revenue of $14.97 Million, 43% YoY Growth
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Gross Margins increased to 44% (Adjusted: 47%)
Best Quarter in the Company’s History
50% Organic Revenue Growth since Q3/2022
Company Plans to Continue its Share Buy-Back Program
Conference Call to be Held Today at 9:00 a.m. EDT
Waltham, Massachusetts, June 29, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced financial results for the first quarter ended March 31st, 2023.
The Company also announced the intention to promptly continue its share buy-back program.
Nano Dimension reported consolidated record revenues of $14.97 million for Q1/2023, an increase of:43% over Q1/202224% over Q4/2022Gross Margin...
The Simply Good Foods Company Reports Third Quarter Fiscal Year 2023 Financial Results and Reaffirms Full Fiscal Year 2023 Outlook
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
DENVER, June 29, 2023 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and thirty-nine weeks ended May 27, 2023.
Third Quarter Summary:(1)Net sales of $324.8 million versus $316.5 million
Net income(2) of $35.4 million versus $38.8 million
Earnings per diluted share (“EPS”)(2) of $0.35 versus $0.38
Adjusted Diluted EPS(3) of $0.44, the same as the year ago period
Adjusted EBITDA(4) of $66.6 million versus $63.3 millionReaffirm Full Year Fiscal 2023 Outlook:Net sales expected to increase slightly greater than the Company’s long-term algorithm of 4-6%, including a headwind of almost 1 percentage point related to the frozen pizza licensing
Adjusted...
MariMed Announces Second Quarter 2023 Earnings Date
Written by Customer Service on . Posted in Public Companies.
NORWOOD, Mass., June 29, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced it will report its second quarter 2023 financial results on August 2, 2023 after the markets close. Management will host a conference call on August 3, 2023 at 8:00 a.m. EST to discuss financial results.
A webcast will be available and can be accessed via MariMed’s Investor Relations website at MariMed Q223 Earnings Webcast. A playback of the call will also be made available on MariMed’s Investor Relations website.
About MariMedMariMed Inc., a multi-state cannabis operator, is dedicated to improving lives every day through its high-quality products, its actions, and its values. The Company develops, owns, and manages...
Clean Motion increases prices for the electric vehicle EVIG
Written by Customer Service on . Posted in Public Companies.
Clean Motion is set to increase the prices of its solar-powered electric vehicle, EVIG. The new prices will take effect from July 1, 2023. The reason is an adjustment towards the market price of comparable competitors and the assessment is that the offer will continue to be very attractive. On average, prices will increase by 35%.
Clean Motion launched the solar-powered vehicle EVIG for last-mile deliveries in cities in the fall of 2022. The development was completed in the spring of 2023 and production has started. With this, the company will raise the prices for new orders. The reason is an adjustment towards the market price of comparable competitors. On average, prices will increase by 35% and will take effect on July 1, 2023.
“Even after the increase, EVIG is still very competitively priced and continues to hold its position...
Mobilicom Launches Cybersecure SDR Product with High Size-to-Performance Ratio, Expanding its Market into Mid-Sized Drones
Written by Customer Service on . Posted in Public Companies.
Mobilicom’s MCU-70 expands communications range to 100 miles with improved link performance, more power, better resilience & durability
Significantly expands Mobilicom’s addressable market to mid-sized, long-range drones, a $6.8 B market, providing its Tier 1 customers a one-stop-shop for end-to-end solutions in military and commercial applications
Equipped for ICE Cybersecurity software to provide essential protection against increasing cyberattacks as evidenced in the Ukraine conflict where 10,000 drones a month are lost to Russian electronic-warfare systemsShoham, Israel, June 29, 2023 (GLOBE NEWSWIRE) — Mobilicom Limited (Mobilicom or the Company, NASDAQ: MOB, MOBBW ; ASX: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced the launch of its latest product, the MCU-70,...
EnviroGold Announces Positive Pilot Plant Results Confirming Efficacy of Metals Recovery Technology
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 29, 2023 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE:NVRO | OTCQB:ESGLF | FSE:YGK) (“EnviroGold Global” or the “Company”), a clean technology company accelerating the world’s transition to a circular-resource economy, is pleased to announce the successful completion of its pilot plant test work campaign for the Hellyer Project (“Hellyer”). The Hellyer project is a joint project between EnviroGold Global and Hellyer Metals that includes an off-site pilot study at the world-renowned ALS Laboratory in Perth Australia.
The test results confirmed excellent liberation of critical and precious metals using EnviroGold Global’s proprietary hydrometallurgical process and support the designed process flowsheet.
The Company is pleased to report that the pilot plant testing, undertaken at the world-renowned ALS Laboratory...
Christopher Doolin Joins Perella Weinberg Partners as Partner
Written by Customer Service on . Posted in Public Companies.
Appointment Strengthens PWP’s Industrials Practice
Underscores Firm’s Commitment to Scaling Business
NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) — Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Christopher Doolin has joined the Firm as a Partner in the Advisory Business.
Based in Chicago, Mr. Doolin will work in the Firm’s Industrials Group and provide strategic and financial advice to clients globally across the Business and Consumer Services sectors.
Mr. Doolin joins PWP with over 15 years of investment banking experience, advising corporate and financial sponsor clients on strategy and transformative M&A as well as equity and debt capital raising.
“We are thrilled to have Chris join our team and expand client coverage in this critical and active sector,” said Andrew...
Kineta to Receive $5 Million Milestone Payment from Merck
Written by Customer Service on . Posted in Public Companies.
Discovery stage milestone triggered by validating an undisclosed target for amyotrophic lateral sclerosis (ALS)
SEATTLE, June 29, 2023 (GLOBE NEWSWIRE) — (June 29, 2023) Kineta, Inc. (Nasdaq: KA), a clinical-stage biotechnology company focused on the development of novel immunotherapies in oncology that address cancer immune resistance, announced today the achievement of a development milestone which triggers a $5 million payment from its research and development collaboration with Merck (known as MSD outside the United States and Canada). This collaboration, focused on the discovery and development of novel candidates for the treatment of amyotrophic lateral sclerosis (ALS), originated from an agreement between Yumanity Therapeutics and Merck.
“We are proud to achieve this milestone in our collaboration with Merck,” said Shawn...
Skanska-led JV with Halmar Awarded $1.24B Contract to Design and Reconstruct JFK International Airport’s Central Terminal Area Roadways, Utilities and Ground Transportation Center
Written by Customer Service on . Posted in Public Companies.
Parsons to Serve as Lead Designer
CENTREVILLE, Va., June 29, 2023 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) today announced that the company will serve as lead designer to the Skanska Halmar JFK Joint Venture in support of a $1.24 billion design and reconstruction of John F. Kennedy International Airport’s Central Terminal Area Roadways, Utilities and Ground Transportation Center (GTC) in Queens, New York. Skanska, a leading global construction and development firm, and joint venture partner, Halmar International, LLC, was awarded a contract by the Port Authority of New York and New Jersey to carry out the project, which will improve the airport’s roadway network by creating an easier to navigate and more user-friendly airport experience.
“We are honored to have the opportunity to design and construct a world-class landside...