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Month: June 2023

Santhera Publishes Timeline of the Reverse Share Split

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. Ad hoc announcement pursuant to Art. 53 LR Pratteln, Switzerland, June 29, 2023 – Santhera Pharmaceuticals (SIX: SANN) announces the timeline of the reverse share split in the ratio 10:1 which was approved by shareholders at the Annual General Meeting held on June 27, 2023, with a large majority.June 30, 2023: Last trading day of old shares (ISIN: CH0027148649) on SIX Swiss Exchange July 3, 2023: First trading day of new shares (ISIN: CH1276028821) on SIX Swiss Exchange (ex-date)The reverse share split may result in fractions of new registered shares of the Company for individual shareholders. This is the case if shareholders hold a number of Santhera shares that is not divisible by 10 as of June 30, 2023....

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WISeKey Launches an Upgraded Version of its WISeID Digital Identity and Privacy Platform

WISeKey Launches an Upgraded Version of its WISeID Digital Identity and Privacy Platform Geneva and Zug Switzerland – June 29, 2023 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions, announced today a major upgrade to its innovative digital identity and privacy platform, WISeID.com, designed to provide users with enhanced protection against identity theft and increase privacy in today’s hyper-connected digital world. The new generation of WISeID builds upon WISeKey’s tradition of pioneering advanced cybersecurity solutions and introduces a suite of significant improvements to further secure users’ digital identities and personal data. NEW FREE IDENTITY VALIDATION: Now all WISeID users can verify their real identity...

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Renault Group upgrades its 2023 financial outlook

Press Release June 29, 2023Renault Group upgrades its 2023 financial outlook Link to the conference call at 8:00am today (CEST) Given the current level of performance of the Group, which is above initial expectations, Renault Group upgrades its financial outlook for the full year 2023 and expects: a Group operating margin between 7% and 8% (versus superior or equal to 6% previously) an Automotive operational free cash flow superior or equal to €2.5 billion (versus superior or equal to €2 billion previously)This improvement is mainly driven by the quality of the sales mix thanks to the success of our new launches and to our commercial policy focused on value. Renault Group expects for the first half of 2023:a Group operating margin superior to 7% an Automotive operational free cash flow around €1.5 billion (including €600 million...

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Patient Portal Market to Surpass 11.8 Billion by 2030 Drives Due to Rising Demand for EHRs

SkyQuest projects that the patient portal market will attain a USD 11.8 billion value by 2030, with a CAGR of 19.4% over the forecast period (2023-2030). The increasing adoption of patient portals by healthcare facilities is a crucial driver of market growth. Healthcare organizations recognize the value of patient portals in enhancing communication, improving access to medical information, and engaging patients in their healthcare. Westford, USA, June 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the patient portal market growth of electronic health records (EHRs) is being driven by two key factors: the rising demand for EHRs and the increasing adoption of a patient-centric approach by healthcare payers. EHRs are becoming increasingly popular as the healthcare industry continues transforming digitally. These digital systems...

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CorMedix Inc. Announces Pricing of $40 Million Public Offering of Common Stock and Pre-Funded Warrants

BERKELEY HEIGHTS, N.J., June 28, 2023 (GLOBE NEWSWIRE) — CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening diseases and conditions, today announced the pricing of its previously announced underwritten public offering of 7,500,000 shares of its common stock at a public offering price of $4.00 per share and, in lieu of common stock to certain investors, pre-funded warrants to purchase up to an aggregate of 2,500,625 shares of its common stock at a price of $3.999 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each such pre-funded warrant. The total gross proceeds from the offering to the Company are expected to be...

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Rakovina Therapeutics Announces Results from 2023 Annual General Meeting

VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSXV: RKV) (the “Company”), a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies, is pleased to announce the results of voting at its 2023 annual general meeting of shareholders held on June 28, 2023 (the “Meeting”). All four members of the Company’s board of directors named as nominees in its management information circular (the “Circular”) were re-elected as directors: Jeffrey Bacha, Dr. Dennis Brown, Alfredo De Lucrezia and Michael Liggett. Additional voting results from the Meeting include: (i) the shareholders approved the appointment of Davidson & Company LLP as the Company’s auditor until the next annual meeting; and (ii) the shareholders approved the Company’s...

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Digital Shipyard Market to Surpass 5.5 Billion by 2030 Drives Due to the Rising Demand for Efficient and Advanced Vessels

SkyQuest projects that the digital shipyard market will attain a USD 5.5 billion value by 2030, with a CAGR of 19.1% over the forecast period (2023-2030). The global digital shipyard market is poised to experience substantial growth in the forecast period, primarily driven by the escalating international seaborne trade. The demand for efficient and advanced vessels has significantly increased with the continuous expansion of global business. Westford, USA, June 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the digital shipyard market is witnessing significant growth owing to several factors. Firstly, the rising use of cloud-based maintenance systems has gained momentum as sea trade expands. Shipyards are increasingly adopting cloud-based systems to streamline maintenance processes, enhance operational efficiency, and ensure...

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Fabiotech Announces Acquisition of Shares of Royal Standard Minerals Inc.

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — Fabiotech Inc. (the “Corporation”) announces that it has filed an early warning report in respect of the acquisition of shares of Royal Standard Minerals Inc. (unlisted) (“Royal Standard”). On June 28, 2023, the Corporation entered into a purchase agreement with an arm’s length third party pursuant to which the Corporation purchased an aggregate of 504,449 common shares of Royal Standard (the “Royal Standard Shares”) aggregate consideration of $10,000 (approximately $0.0198 per share) (the “Acquisition”). Immediately prior to giving effect to the Acquisition, the Corporation had beneficial ownership of, or control and direction over, no Royal Standard Shares. Immediately after giving effect to the Acquisition, the Corporation had beneficial ownership of, or control and direction over, 504,449...

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Fabiotech Announces Acquisition of Shares of OutdoorPartner Media Corporation

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — Fabiotech Inc. (the “Corporation”) announces that it has filed an early warning report in respect of the acquisition of shares of OutdoorPartner Media Corporation (unlisted) (“OutdoorPartner”). On June 28, 2023, the Corporation entered into a purchase agreement with an arm’s length third party pursuant to which the Corporation purchased an aggregate of 28,778,204 common shares of OutdoorPartner (the “OutdoorPartner Shares”) for aggregate consideration of $5,000 (approximately $0.000174 per share (the “Acquisition”). Immediately prior to giving effect to the Acquisition, the Corporation had beneficial ownership of, or control and direction over, no OutdoorPartner Shares. Immediately after giving effect to the Acquisition, the Corporation had beneficial ownership of, or control and direction...

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Weebit Nano’s ReRAM IP now fully qualified in SkyWater Technology’s S130 process

Achievement attests to quality, reliability and repeatability of Weebit’s embedded IP for use in customer production chips HOD HASHARON, Israel and BLOOMINGTON, Minn., June 28, 2023 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT), a leading developer of advanced memory technologies for the global semiconductor industry, and SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, confirm Weebit Resistive Random-Access Memory (ReRAM) IP has been fully qualified for industrial temperatures employing SkyWater’s 130nm CMOS (S130) process, including third party processing. The full qualification confirms the quality, repeatability and reliability of Weebit’s embedded ReRAM module, when SkyWater customers use Weebit’s proven non-volatile memory (NVM) IP in volume production. The qualification used demo chips produced...

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