Day: September 18, 2023

ContraFect Announces Submission of IND Application to the FDA for its Development Candidate CF-370

YONKERS, N.Y., Sept. 18, 2023 (GLOBE NEWSWIRE) — ContraFect Corporation (Nasdaq: CFRX), a clinical-stage biotechnology company focused on the discovery and development of direct lytic agents (DLAs), including lysins and amurin peptides, today announces that it submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) on September 15, 2023. The IND application supports a proposed indication for its intravenous (IV) antibacterial agent, CF-370, for treatment of hospital-acquired bacterial pneumonia (HABP) and ventilator-associated bacterial pneumonia (VABP). HABP/VABP are serious, potentially life-threatening infections that are associated with high mortality and substantial morbidity. New therapies to treat these infections are critically important to meet patient needs, particularly...

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Prairie Operating Co. Submits Initial Permit Application with the Colorado Energy & Carbon Management Commission

HOUSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) — Prairie Operating Co. (OTCQB: CRKR; the “Company”), is pleased to announce that it has submitted its initial permit application with the Colorado Energy and Carbon Management Commission (ECMC) for the Genesis Oil & Gas Development Plan (OGDP) in Weld County, Colorado. The Genesis OGDP encompasses seventy-two (72) wells on two (2) pads, developing 9-square miles of subsurface minerals in rural Weld County, Colorado.  The two (2) pads, the Burnett and Oasis, will develop eighteen (18) three-mile lateral wells and fifty-four (54) two-mile lateral wells, respectively.   Consistent with Prairie’s stated mission goals, the outlined Genesis OGDP facilities were submitted to include electrified drilling rigs, three-phase takeaway, and no hydrocarbon storage tanks to best align with Colorado’s...

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Aehr Receives Order from New Customer for FOX-NP™ Multi-Wafer Test and Burn-in System for Silicon Carbide MOSFETs

FREMONT, Calif., Sept. 18, 2023 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received an initial customer order for a FOX-NP™ wafer level test and burn-in system, multiple WaferPak™ Contactors, and a FOX WaferPak Aligner to be used for engineering, qualification, and small lot production wafer level test and burn-in of their silicon carbide devices. The customer is a US-based multibillion-dollar semiconductor supplier serving several markets including automotive, computing, consumer, energy, industrial, and medical. The FOX-NP system, including the FOX WaferPak Aligner and initial WaferPaks are scheduled per the customer’s requested accelerated schedule to ship by the end of the calendar year 2023. The FOX-NP system is...

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Titan Pharmaceuticals Announces $9.5 Million Private Placement of Convertible Preferred Stock

SAN FRANCISCO, Sept. 18, 2023 (GLOBE NEWSWIRE) — Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) (“Titan” or the “Company”) announced today that it has entered into a definitive securities purchase agreement (the “Purchase Agreement”) with The Sire Group Ltd. (“Sire Group”) for the sale of the Company’s newly designated Series AA Convertible Preferred Stock (the “Preferred Stock”). Sire Group purchased 950,000 shares of Preferred Stock for an aggregate purchase price of $9,500,000, consisting of (i) $5 million in cash at closing and (ii) $4.5 million in the form of a promissory note from Sire Group, personally guaranteed by a principal of Sire Group, due and payable on September 23, 2023, subject to two 10-day extensions. The shares have a conversion price of $0.466. Pursuant to the Purchase Agreement, (i) David...

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Reunion Neuroscience Inc. Announces FDA Clearance of IND Application to Initiate a Phase 2 Study of RE104 for the Treatment of Postpartum Depression

WILMINGTON, Del., Sept. 18, 2023 (GLOBE NEWSWIRE) — Reunion Neuroscience Inc., a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions today announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application to initiate a Phase 2 study of RE104, a novel serotonergic psychedelic compound, for the treatment of postpartum depression (PPD). The Phase 2 study, the RECONNECT Trial, is a multicenter, randomized, double-blind, parallel-group, active-dose placebo-controlled study, which will evaluate the safety and efficacy of a single subcutaneous dose of RE104 in adult female patients with PPD. The study is expected to begin in Q4 2023 with a targeted data readout in late 2024. “On the heels...

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TomaGold meets all initial acquisition commitments of Chibougamau Mining Camp properties

TomaGold Corporation Map of TomaGold’s Chibougamau Mining Camp properties MONTREAL, Sept. 18, 2023 (GLOBE NEWSWIRE) — TOMAGOLD CORPORATION (TSXV: LOT) (OTCQB: TOGOF) (“TomaGold” or the “Corporation”) is pleased to announce that it has met all its initial commitments regarding the previously-announced acquisition of 20 mining properties (press releases dated August 14 and September 13), forming the major portion of the Chibougamau Mining Camp, in Quebec, Canada. The Corporation has paid its initial commitments to SOQUEM Inc. (“SOQUEM”), Chibougamau Independent Mines Inc. (TSXV: CBG) (“CIM”) and Globex Mining Enterprises Inc. (TSX: GMX) (“Globex”) to acquire a total of 13 mining properties by making cash payments totalling $340,000 and issuing a total of 7,125,000 common shares of TomaGold as per the agreements. Furthermore,...

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Betoobe annonce le rachat de Connexing et passe à l’échelle européenne

Naissance d’un acteur européen au service de l’Experience Utilisateur Connecté et du Green IT Betoobe, éditeur de logiciels (plateforme Saas Mobilehub) spécialisé dans la gestion de l’Environnement de l’Utilisateur Connecté (smartphones, PC, tablettes) depuis sa fourniture jusqu’à son recyclage, annonce une nouvelle opération de croissance externe auprès de Connexing, un acteur européen de la vente de produits Green IT. Cette opération d’ envergure intervient un an après le rachat d’Adjungo et s’inscrit dans un contexte de très forte accélération pour Betoobe (+ 300 % sur son dernier exercice). Cette alliance stratégique marque une étape significative dans le parcours de Betoobe et ouvre de nouvelles perspectives prometteuses. Ensemble, Betoobe et Connexing vont consolider leurs offres (matériel, logiciel et service) ainsi que leurs ressources...

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Comic Book Market Size to Hit USD 22.37 Billion by 2030 | 160 Pages Research Report

The global comic book market covered major segments by Product Type (Physical Comic and Digital Comic), by End-user (Kids and Adults), by Distribution Channel (Book Stores, Comic Stores, Online Stores, and Others), and Regional Forecast, and Others. Comic Book Market Comic Book Market Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global comic book market size was valued at USD 15.35 billion in 2022 and is projected to grow from USD 16.05 billion in 2023 to USD 22.37 billion by 2030, exhibiting a CAGR of 4.85% during the forecast period. The demand for books with attractive graphics and engaging stories to illustrate the content is has risen steadily in recent years. This factor has boosted the popularity of comic books across the world. Comics help readers improve their creativity, vocabulary, and build a strong value...

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LGI Homes Expands Terrata Homes Presence with the Opening of Bella Terra in the Tampa Market

The Mantle by Terrata Homes at Bella Terra Built on an acreage homesite, the Mantle showcases a media room, a formal dining room, a covered outdoor kitchen and a 3-car garage. HUDSON, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest community in the Tampa, FL. market, Bella Terra. This brand-new neighborhood offers homebuyers a variety of new, estate homes with spacious layouts and high-end interior finishes, all situated on at least 2-acres. Located just south of Spring Hill in Hudson, Bella Terra is surrounded by native trees, lush greenery and a serene environment creating a sanctuary where residents can relax and recharge. Here, homeowners escape the confines of traditional neighborhoods and embrace the freedom of expansive acreage lots. From the...

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Plymouth Industrial REIT Sells Chicago Industrial Building for $19.9 Million

BOSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) — Plymouth Industrial REIT, Inc. (NYSE: PLYM) sold its 306,552-square-foot industrial building at 6510 West 73rd Street in Chicago for $19.9 million to an undisclosed owner-user. Plymouth’s net proceeds after the payoff of a $5.8 million mortgage secured by the property and other adjustments are $13.9 million. The Company intends to use the proceeds to pay down outstanding borrowings on its credit facility and fund its development program. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, “We have previously identified a handful of properties across our portfolio that are either in one-off markets where we do not have scale, or the building is not a long-term hold. This sale to an owner-user fits this description perfectly while yielding a 4.9% cap rate on in-place...

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