Month: June 2023

Bioasis Provides Corporate Update and Announces Suspension of Operations

Written by Customer Service on June 20, 2023. Posted in Public Companies.

NEW HAVEN, Conn., June 20, 2023 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC. (OTCQB:BIOAF; TSX.V:BTI) (the “Company” or “Bioasis”), a multi-asset rare and orphan disease biopharmaceutical company developing clinical stage programs based on epidermal growth factor and a differentiated, proprietary xB3 ™ platform for delivering therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need, today provided an update on its financial condition and operations. As previously disclosed, the termination of the Company’s proposed merger with Midatech Pharma PLC (now Biodexa Pharmaceuticals PLC) (“Biodexa”) in January 2023 left the Company with limited cash and significant liabilities, including a C$350,000 bridge loan from Lind Global Macro Fund,...

Biomea Fusion to Present Late Breaking Data from Ongoing Phase II Trial, COVALENT-111, Evaluating BMF-219 in Patients with Type 2 Diabetes at ADA 2023

Written by Customer Service on June 20, 2023. Posted in Public Companies.

New clinical data from COVALENT-111 will be unveiled during a late-breaking poster presentation at ADA’s Scientific Sessions BMF-219, an orally delivered novel covalent menin inhibitor, is designed to regenerate, preserve, and reactivate healthy, insulin-producing beta cells Biomea to hold in-person KOL investor event at the Scientific Sessions in San Diego on Saturday, June 24th at 5:30 pm PT Biomea to hold conference call and webcast on Monday, June 26th at 5:30 am PTREDWOOD CITY, Calif., June 20, 2023 (GLOBE NEWSWIRE) — Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with genetically defined cancers and metabolic diseases, today announced that it will present new clinical...

Athene Announces Key Appointments

Written by Customer Service on June 20, 2023. Posted in Public Companies.

Appointments Reflect Athene’s Transformational Growth and Focus on Regulator and Stakeholder Engagement to Modernize the Industry for Consumers HAMILTON, Bermuda, June 20, 2023 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) today announced that Michael Consedine, former Chief Executive Officer of the National Association of Insurance Commissioners (NAIC), will join Athene as Executive Vice President, Head of U.S. Government and Regulatory Relations, effective June 19, 2023. Mr. Consedine will report to John Golden, who has been named Executive Vice President, Global Head of Insurance Regulation for Apollo and Athene. These new roles will advance Athene’s external engagement and growth strategies. In addition, Joe Cohen has been named Executive Vice President and General Counsel for Athene, a role previously held by Mr. Golden....

Stantec Announces Private Offering of $250 Million Senior Unsecured Notes

Written by Customer Service on June 20, 2023. Posted in Public Companies.

(All financial figures are expressed in Canadian dollars) EDMONTON, Alberta, June 20, 2023 (GLOBE NEWSWIRE) — TSX, NYSE:STN Global engineering and design firm Stantec Inc. (“Stantec”) today announced that it has priced a private placement offering (the “Offering”) of $250 million aggregate principal amount of 5.393% senior unsecured notes due June 27, 2030, (the “Notes”). The Offering is expected to close on or about June 27, 2023, subject to customary closing conditions. Stantec intends to use the net proceeds of the Offering to repay existing indebtedness and for general corporate purposes. The Notes will be issued at par for aggregate gross proceeds of $250 million and will bear interest at a fixed rate of 5.393% per annum, payable semi-annually on the 27th of June and December of each year,...

SEACOR Marine Announces Refinancing of PSVs and Presents at 5th Annual Crédit Agricole CIB Shipping Conference

Written by Customer Service on June 20, 2023. Posted in Public Companies.

HOUSTON, June 20, 2023 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it had entered into a new $28.0 million senior secured term loan facility with an affiliate of Hudson Structured Capital Management to refinance in full the shipyard financings maturing in 2023 and 2024 provided by COSCO Shipping Heavy Industry (Zhoushan) Co. in connection with the 2019 and 2020 delivery of three Rolls Royce UT771CDL designed platform supply vessels (“PSVs”) of 3,800 tons deadweight capacity with dynamic position class 2 and firefighting class 1 notations. The facility provides for a new 5-year term loan that bears interest at a fixed rate of 10.25% and is secured by first...

TELUS and Vancouver Whitecaps FC team up with Ocean Wise; Collecting over 100 kgs of waste from local community beach, in less than 60 minutes

Written by Customer Service on June 20, 2023. Posted in Public Companies.

With shared, long-standing legacies of giving back, TELUS’ partnership with Whitecaps FC continues to drive even more meaningful impact, with cleanup of a beloved Vancouver landmark, Spanish Banks BeachTELUS and Vancouver Whitecaps FC team up with Ocean Wise As part of the 18th annual TELUS Days of Giving, TELUS and Vancouver Whitecaps FC joined the Ocean Wise Shoreline Champions movement last week at Spanish Banks Beach, collecting over 100 kgs of waste, in less than 60 minutes.TELUS and Vancouver Whitecaps FC join forces for 18th annual TELUS Days of Giving Vancouver Whitecaps FC team member, Ryan Gauld, alongside TELUS, cleaning the shoreline at Spanish Banks Beach.TELUS and Whitecaps FC drive meaningful impact with shoreline cleanup Vancouver Whitecaps FC team member, Thomas Hasal, alongside TELUS team members at the Ocean...

La-Z-Boy Reports Record Full Year Operating Income and EPS

Written by Customer Service on June 20, 2023. Posted in Earnings Releases And Operating Results.

MONROE, Mich., June 20, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported solid fourth quarter and full year results for the period ending April 29, 2023. Fourth Quarter 2023 Financial Highlights:Consolidated sales of $561 million-12% adjusting for the 53rd week in the fourth quarter of fiscal 2022, versus last year, which benefited from a strong backlogRetail segment sales increased 4% to $243 million+12% adjusting for the 53rd week in the fourth quarter of fiscal 2022 Written same-store sales were essentially flatGAAP operating income decreased by 31%Non-GAAP operating income decreased by 15% GAAP operating margin decreased 190 basis points to 9.6% Non-GAAP operating margin increased 40 basis points to 9.8%GAAP diluted EPS of $0.79, with Non-GAAP...

Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026

Written by Customer Service on June 20, 2023. Posted in Dividend Reports And Estimates.

PARIS, June 20, 2023 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) today announced that it has called for redemption $50,000,000 of the $300,000,000 outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the “Notes”, and the redemption thereof, the “Redemption”), pursuant to that certain Indenture, dated as of November 9, 2017, among the Company, the guarantors party thereto, Deutsche Bank Trust Company Americas, as Trustee. The Company expects the redemption date for the Notes being redeemed to occur on July 20, 2023 (the “Redemption Date”). The redemption price for the Notes is 100.000% of the aggregate principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the Redemption Date. This press release shall not constitute an offer to sell, or a solicitation...

Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2023

Written by Customer Service on June 20, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, June 20, 2023 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2023. Quarter Highlights:Net Income and Earnings per common unit (basic and diluted) of $9.6 million and $0.18, respectively; Adjusted Net Income(1) of $6.5 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.10; Adjusted EBITDA(1) $23.6 million; 100% fleet utilization(2); Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from November 12, 2022 to February 11, 2023 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from November 22, 2022 to February 21, 2023;...

NORBIT – Mandatory notification of trade

Written by Customer Service on June 20, 2023. Posted in Public Companies.

Trondheim, 20 June 2023: Mariteam AS, a holding company controlled by deputy director to the Board and primary insider; Tom Solberg, has today sold 19 737 shares in NORBIT at an average price of NOK 57.9088 per share. Following the transaction, Mariteam AS owns 46 052 shares in NORBIT. For further queries, please contact:Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASANORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless...

Month: June 2023

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