Month: June 2023

STERIS Expands Healthcare Products Offering with Acquisition of Surgical Instrumentation Assets from Becton, Dickinson and Company for $540 million

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

A natural extension for STERIS in the operating room and sterile processing department A primarily consumables product portfolio Transaction expected to close by September 30, 2023DUBLIN, IRELAND , June 20, 2023 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) today announced that the Company has signed a definitive agreement to purchase the surgical instrumentation, laparoscopic instrumentation and sterilization container assets from Becton, Dickinson and Company (NYSE:BDX) (“BD”) for $540 million (“the Transaction”). STERIS anticipates that the acquisition will qualify for a tax benefit related to tax deductible goodwill, with a present value of approximately $60 million. The acquisition includes V. MuellerTM, Snowden-PencerTM and GenesisTM branded products, which are well-known providers of surgical...

Optimum Ventures Ltd. Announces Letter of Intent With Blackwolf Copper and Gold Ltd.

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) — Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI“) with Blackwolf Copper and Gold Ltd. (“Blackwolf“), pursuant to which Blackwolf will acquire all of the issued and outstanding securities of the Company (the “Transaction“) by way of a plan of arrangement or such transaction structure to be determined by the Company and Blackwolf under a definitive transaction agreement. In connection with the Transaction, each Optimum shareholder will be entitled to receive 0.65 (the “Exchange Ratio“) of a common share of Blackwolf for each share of Optimum held, resulting in existing shareholders of the Company collectively owning approximately...

Change to Yara’s Group Executive Board

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

Oslo, 20 June 2023: Lars Røsæg, currently Deputy CEO and EVP Corporate Development, will leave Yara to take up a new position as investment partner in the Norwegian firm Salvesen & Thams. “I’d like to thank Lars for his strong contributions to Yara’s progress and our close professional collaboration over many years and wish him the best of luck in his new position,” says Svein Tore Holsether, Yara President & CEO. “Serving in Yara’s management under Svein Tore’s leadership has been the greatest privilege of my career, and Yara’s strategic direction and organizational capacity puts the company in pole position for the future. After nearly five years as a member of the executive team I have decided that it’s time to take on a new challenge and take my career in a different direction,” says Lars Røsæg.  Røsæg will leave Yara by...

TTM Technologies, Inc. Completes a Series of Refinancing Transactions; Announces the Closing of New Asia ABL Facility

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

SANTA ANA, Calif., June 20, 2023 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ:TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCBs”), today announced the closing of a new Asia asset-based revolving credit facility with committed borrowing capacity of $150 million (the “New Asia ABL Facility”). The New Asia ABL Facility amends and restates TTM’s previous $150 million Asia asset-based revolving credit facility, which was scheduled to mature in June 2024. The New Asia ABL Facility is scheduled to mature in June 2028 and has a borrowing rate of Term SOFR plus 1.3%. Currently, $30 million is drawn on the new Asia ABL facility, the same as the previous facility. The US and Asia...

Phunware Launches AI-Enabled Mobile Engagement

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

AUSTIN, Texas, June 20, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced today its mobile engagement solution is now powered by artificial intelligence (AI). The Company’s new AI-enabled mobile engagement solution leverages sophisticated machine learning algorithms and AI capabilities to deliver personalized, targeted marketing campaigns that are curated for specific users. Phunware’s platform ensures brands can identify, locate and engage the right consumer at the right time — now, AI will help ensure these consumers receive the right message. “The world has evolved beyond ‘one-size-fits-all’ marketing...

Patriot Glass Solutions, a Division of C-Bond Systems, receives more than $360,000 of Purchase Orders for its Shooter Attack/Safety Film Since May 26th

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

On May 26th, the Texas Education Agency implemented its final rule to improve school safety With over 125 installations completed, Patriot Glass Solutions is positioned well to assist schools with the implementation of the TEA’s final rule SAN ANTONIO, June 20, 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 received more than $361,000 of purchase orders to install shooter attack film/C-Bond BRS (ballistic-resistant system) and C-Bond Secure at schools in Texas since May 26, 2023. On May 26th, the Texas Education Agency implemented its final rule to improve school safety (the “Rule”). With its products already installed in more than 125 schools in Texas,...

Workhorse Group Announces First Commercial Drone Purchase Orders

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

CINCINNATI, June 20, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has received its first commercial drone purchase orders for HorseFly™. The Company received purchase orders for two commercial drones, including one from Valqari, a Chicago-based smart mailbox company with international exposure that works with companies, governments, and other organizations to shape the future of drone delivery. “We have made significant progress developing and commercializing our package delivery drones, and we are pleased our customers recognize HorseFly’s market-leading specifications and capabilities,” said Rick Dauch, Workhorse CEO. “It was a privilege to conduct...

Golden Grail Beverages (OTC: GOGY) Announces Expanded Distribution Agreement With Central & Moon Distributors Including KOZ Water

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

FORT LAUDERDALE, Fla., June 20, 2023 (GLOBE NEWSWIRE) — Golden Grail Technology, doing business as Golden Grail Beverages (OTC: GOGY), is pleased to announce that Central and Moon Distributors are our distribution partners for KOZ Water along with Spider Energy, Sway Energy and Cause Water in the State of Arkansas. KOZ Water is a premium purified and pH balanced water packaged in completely plastic-free 12oz aluminum can. Research shows plastic bottles are rarely recycled and the U.S. was the 20th biggest contributor to plastic waste in the oceans out of 192 countries according to data from the International Bottled Water Association. Central and Moon Distributors are an Arkansas family-owned Wholesale Wine, Spirits, Beer, and beverage business started by the Hastings family in 1935, currently operating under the 4th generation...

Gracell Biotechnologies to Participate in Truist Securities Cell Therapy Symposium

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

SAN DIEGO and SUZHOU and SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — Gracell Biotechnologies Inc. (“Gracell” or the “Company”, NASDAQ: GRCL), a global clinical-stage biopharmaceutical company dedicated to developing innovative and highly efficacious cell therapies for the treatment of cancer and autoimmune diseases, today announced that the management team will participate and host investor meetings in the Truist Securities Cell Therapy Symposium: Symposia-cel on June 27, 2023, in New York, NY. For more information, please visit ir.gracellbio.com. About Gracell Gracell Biotechnologies Inc. (“Gracell”) is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms...

PaxMedica CEO Interviewed by The BRAIN Foundation

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

Webcast Link Available at PaxMedica.com TARRYTOWN, NY, June 20, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug therapies (APT) for the treatment of Autism Spectrum Disorder (ASD) and other serious conditions with intractable neurologic symptoms, today announced that its CEO, Howard Weisman, participated in a webcast on Saturday, June 17th, hosted by The BRAIN Foundation. The core content of the webcast was an interview with Mr. Weisman by The BRAIN Foundation’s co-founder, Sarika Agrawal. The main portion of the video interview can be viewed by following the link posted on PaxMedica’s website, www.paxmedica.com About PaxMedica PaxMedica is a clinical stage biopharmaceutical company focusing on the development...

Month: June 2023

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