Month: July 2023

Orphan Drug Market to Worth USD 359.86 Billion by 2030 | Skyquest Technology

Written by Customer Service on July 10, 2023. Posted in Mergers And Acquisitions.

The Orphan Drug market is segmented based on disease and drug types. Based on the disease type, the global orphan drug market is segmented into oncological diseases, metabolic diseases, hematologic & immunologic diseases, infectious diseases, neurologic diseases, and other rare diseases and others. Based on drug type, the global orphan drug market is segmented as biologics and non-biologics- Industry Forecast 2023-2030 Westford USA, July 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the rising prevalence of rare diseases is a significant driver contributing to the growth of the orphan drug market. Rare diseases, also known as orphan diseases, are medical conditions that affect a small percentage of the population. These diseases are characterized by their low prevalence, often occurring in less than 7 out of 10,000 individuals. Browse...

HUTCHMED Initiates Phase I Study of its novel SHP2 inhibitor HMPL-415 for Advanced Malignant Solid Tumors in China

Written by Customer Service on July 10, 2023. Posted in Public Companies.

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., July 09, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) today announces that it has initiated a Phase I study in China of HMPL-415, an investigational novel selective allosteric inhibitor targeting Src homology-2 domain-containing protein tyrosine phosphatase-2 (“SHP2”). The first patient received their first dose on July 6, 2023. The clinical trial is a multi-center, open-label study to evaluate the safety, tolerability, pharmacokinetics and preliminary efficacy profile of HMPL-415 as a single agent in patients with advanced malignant solid tumors. This study is expected to enroll up to approximately 80 patients, including patients as part of the dose escalation stage, and further patients at the determined recommended Ph II dose (RP2D)....

Global System Dynamics, Inc. Announces Sponsor Funding of Additional One-Month Extension to Complete its Initial Business Combination

Written by Customer Service on July 8, 2023. Posted in Public Companies.

HOUSTON, July 07, 2023 (GLOBE NEWSWIRE) — Global System Dynamics, Inc. (Nasdaq: GSD) (“GSD” or the “Company”) today announced that its sponsor, DarkPulse, Inc. (the “Sponsor”), has deposited an aggregate of $83,947 (representing approximately an additional $0.0625 per public share) into the Company’s trust account for the benefit of its valued public stockholders. This additional contribution enables the Company to extend the date by which the Company has to complete its initial business combination for an additional one-month extension from July 9, 2023 to August 9, 2023. Such contribution effectively increases the pro rata portion of the funds available in the Company’s trust account in the event of the consummation of an initial business combination, liquidation, or other redemption event, by $0.0625 per share. Rick Iler, CFO...

The Nasdaq-100 Index Special Rebalance to be Effective July 24, 2023

Written by Customer Service on July 8, 2023. Posted in Public Companies.

NEW YORK, July 07, 2023 (GLOBE NEWSWIRE) — Nasdaq today announced that the Nasdaq-100 Index® (NDX®) will undergo a Special Rebalance effective prior to the market open on Monday, July 24, 2023. As described in the published index methodology, a Special Rebalance may be conducted to address overconcentration in the index by redistributing the weights. The Special Rebalance will not result in the removal or addition of any securities. The Nasdaq-100 Index® includes 100 of the largest Nasdaq-listed domestic and international non-financial companies, and serves as the benchmark for numerous financial products around the world, including ETFs, mutual funds, futures, and options. The index is typically reconstituted annually in December, with additional rebalancing opportunities each quarter. The Special Rebalance of the index will be...

Imperial Mining Closes a $1.6 Million Private Placement of Units

Written by Customer Service on July 8, 2023. Posted in Public Companies.

MONTREAL, July 07, 2023 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperialˮ or the “Corporation”) (TSX VENTURE: IPG) is pleased to announce that it closed today a non-brokered private placement (the “Offering”) consisting of 17,777,776 units (each, a “Unit”) at a price of $0.09 per Unit for total gross proceeds of $1,600,000. Each Unit is comprised of one (1) common share (each a “Share”) and one (1) Share purchase warrant, with each whole warrant entitling the holder to acquire one (1) additional Share of the Corporation at a price of $0.14 over a period of 24 months from the closing date. The net proceeds received from the Offering will be used to advance the Corporation’s Crater Lake Scandium project including a potential new resource calculation, optimizing metallurgy and the process flow sheet, increase its presence...

Acri Capital Acquisition Corporation Announces Transfer to Nasdaq Capital Market

Written by Customer Service on July 8, 2023. Posted in Public Companies.

Austin, Texas, July 07, 2023 (GLOBE NEWSWIRE) — Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that the Nasdaq Stock Market LLC has approved the Company’s application to list its common stock, units, and warrants on the Nasdaq Capital Market. The Company’s common stock, units, and warrants are expected to commence trading on the Nasdaq Capital Market at the opening of business on July 10, 2023. About Acri Capital Acquisition Corporation Acri Capital Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses with...

CSX Releases 2022 Environmental, Social and Governance Report

Written by Customer Service on July 8, 2023. Posted in Public Companies.

JACKSONVILLE, Fla., July 07, 2023 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) announced the release of its 2022 Environmental, Social and Governance (ESG) Report highlighting significant progress the company has made towards advancing its workforce and improving environmental stewardship, social responsibility and governance best practices over the past year. “2022 was a pivotal year for CSX,” said Joe Hinrichs, CSX president and chief executive officer. “Led by railroaders who are deservedly proud of their role in moving America’s freight, our employees began creating a ONE CSX culture in which we’re working together as a more unified team – one that operates more safely, efficiently and sustainably to serve our customers better and grow our business.” The report details CSX’s expanded use of cutting-edge fuel-saving locomotive technologies...

Cartier Silver Grants Stock Options

Written by Customer Service on July 7, 2023. Posted in Public Companies.

TORONTO, July 07, 2023 (GLOBE NEWSWIRE) — Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) announces the grant of stock options to a consultant to purchase an aggregate of 150,000 common shares of the Company, exercisable at $0.62 per share at any time on or before July 7, 2028. The grants are subject to the terms of Cartier Silver’s stock option plan. In accordance with regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant. About Cartier Silver Corporation Cartier Silver is an exploration and development Company focused on discovering and developing its recently acquired silver property assets, including the Chorrillos Project and claims staked by the Company’s subsidiary, all of...

ProStar Holdings Announces Non-Brokered Private Placement

Written by Customer Service on July 7, 2023. Posted in Public Companies.

GRAND JUNCTION, Colo., July 07, 2023 (GLOBE NEWSWIRE) — (OTCQB: MAPPF) (TSXV: MAPS) (FSE: 5D00) ProStar Holdings Inc. (the “Company” or “ProStar®“) a world leader in Precision Mapping Solutions®, is pleased to announce a non-brokered private placement for gross proceeds of up to C$2,500,000 (the “Offering”). The Offering will consist of up to 8,333,333 units of the Company (each, a “Unit”, and collectively the “Units”) at a price of C$0.30 per Unit (the “Offering Price”). Each Unit consists of one common share of the Company (each, a “Common Share”, and collectively the “Common Shares”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant” and collectively the “Warrants”). Each whole...

GasLog Partners LP Announces Voting Results from the Special Meeting of Common Unitholders and Declaration of Special Distribution

Written by Customer Service on July 7, 2023. Posted in Public Companies.

Majuro, Marshall Islands, July 07, 2023 (GLOBE NEWSWIRE) — GasLog Partners LP Announces Voting Results from the Special Meeting of Common Unitholders and Declaration of Special Distribution Majuro, Marshall Islands, July 7, 2023, GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner, operator and acquirer of liquefied natural gas (“LNG”) carriers, today announced that at a special meeting of the common unitholders of the Partnership (the “common unitholders”) held on July 7, 2023, the common unitholders voted to approve the previously announced merger pursuant to which GasLog Ltd. (“Parent”) will acquire all of the outstanding common units of the Partnership (“common units”)not beneficially owned by Parent (the “Transaction”). The voting results are as follows:FOR25,617,911 ...

Month: July 2023

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