Day: September 19, 2023

– Combined proceeds of financing and Orthobiologics divestiture potentially top $60 million – SILVER SPRING, Md., Sept. 19, 2023 (GLOBE NEWSWIRE) — Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced that it has entered into a securities purchase agreement for a private placement (PIPE) financing that is expected to result in initial gross proceeds to the Company of approximately $10.5 million, before deducting offering expenses. The full exercise of warrants included in the financing would add $15.8 million, for total gross proceeds of $26.2 million. Cash raised from the PIPE financing and the Orthobiologics business unit divestiture, announced yesterday, will support the Company’s advancement of its drug-eluting biomatrix products for the cardiac pacemaker and defibrillator...

Toronto, Ontario and Nucla, Colorado, Sept. 19, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or the ”Company”) is pleased to announce that it hosted a delegation from the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) at its Sunday Mine Complex on Thursday September 14th. The ORNL is considered among the world’s premier scientific research institutions and is charged with solving problems and creating solutions at the intersection of energy, critical infrastructure, national security, and the nuclear fuel cycle.    The mines comprising the Sunday Mine Complex are currently the only fully operational conventional uranium/vanadium mines in the United States, thus allowing the ORNL to observe the mining team and equipment required for a full range of mining...

Seventh Annual List Reveals Leading MSSP, MDR and MSP Security Companies Expect Strong Revenue Growth in 2023 vs. 2022MSSP AlertHigh Wire Networks Named to MSSP Alert’s 2023 List of Top 250 MSSPsBATAVIA, Ill., Sept. 19, 2023 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, ranks among the Top 250 MSSPs (https://www.msspalert.com/top-250) for 2023, according to MSSP Alert, a CyberRisk Alliance resource.The Top 250 MSSPs honorees were announced in a live webcast on September 14.Complete list and research report are available here: www.msspalert.com/top-250 The on-demand webcast will be available to watch here: www.msspalert.com/webcastsKey findings include:MSSP Revenue Growth & Financial Performance: MSSP honorees, on average,...

SUNRISE, Fla., Sept. 19, 2023 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment,” “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced it will participate at the LD Micro Main Event XVI Conference taking place October 3-4, 2023. Alliance Entertainment Chief Executive Officer Jeff Walker will conduct 25-minute meetings and deliver the Company’s presentation during the LD Micro Main Event XVI Conference, which will be webcast at the link below on Tuesday, October 3, 2023 at 4:00 PM ET in Track 5 and will also be available on the Alliance Entertainment investor relations website at https://ir.aent.com/. LD Micro Main Event XVI Conference Date: October 3-4, 2023Presentation...

Property Includes 12 Identified Pegmatites Strategically Located to Potentially Support Direct Shipping Ore (DSO) StrategyFigure 1Property Location Map of Lac Simard South in Quebec, CanadaFigure 2Lac Simard South Property Claims with surrounding concentrators and refineries. Total – 11,482 acres/4,647 hectares.VANCOUVER, British Columbia, Sept. 19, 2023 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced that it has made the second and final cash payment in the amount of $17,500 plus GST for the acquisition of Lac Simard South Property (the “Property”), previously announced on March 20, 2023. Lac Simard South land package consists of 80 mineral claims...

Granted One Patent from USPTO and Receives Two Notices of Allowance, Providing Foundational Protection IRVINE, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) — ReShape Lifesciences® (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health solutions company, today announced that the company has significantly strengthened the patent portfolio related to its Obalon® Balloon System. Specifically, the U.S. Patent and Trademark Office (USPTO) has granted one patent and provided the company with a Notice of Allowance for two additional patents, providing foundational protection of the system.Granted U.S. Patent No. 11,737,899, entitled “Intragastric Device,” covers claims for an intragastric balloon system with a needle assembly comprising a catheter needle sleeve and needle for inflation of the balloon system, among other...

50% of Proceeds from Kona Coffee Sales to be Given to the Maui Food Bank BREA, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced the launch of its “Sip for a Cause” wildfire relief program to assist with efforts following the devastating wildfires in Maui by pledging to donate 50% of its Kona Coffee sales proceeds to the Maui Food Bank. The Maui Food Bank, an organization with a rich history of supporting the community, is spearheading efforts to alleviate need and provide immediate care to those affected by recent wildfires. Their focus remains on ensuring that no individual in crisis goes to bed hungry, amplifying the “Sip for a Cause” initiative’s reach and impact. To facilitate the path to recovery,...

DENVER, Sept. 19, 2023 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today announced that its Board of Directors has initiated a process to explore strategic alternatives. In consultation with financial and legal advisors, the comprehensive strategic review process will begin immediately and will evaluate a broad range of options to maximize shareholder value. As part of this review process, Assure will explore potential strategic alternatives that may include, but are not limited to, an acquisition, merger, business combination, sale of assets or other strategic or financial transaction. There can be no assurance that this review process will result in pursuing a transaction or that any transaction, if pursued,...

Event on October 19, 2023 will feature Sonata Jodele, MD and Professor Rob WynnBOSTON and LONDON, Sept. 19, 2023 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, today announced the company will host a virtual key opinion leader event on October 19, 2023 at 11:30 am ET to discuss the patient care landscape for hematopoietic stem cell transplant-related thrombotic microangiopathy (HSCT-TMA) and the significant needs that exist for earlier diagnosis and approved treatment options. The potential of Akari’s investigational nomacopan, a novel bispecific inhibitor of both complement C5 and leukotriene B4 (LTB4), as a potential treatment for HSCT-TMA also will be discussed. The webinar event will feature Sonata Jodele,...

SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today confirmed the receipt of a non-binding indication of interest from Warren B. Kanders to acquire the Company’s Precision Sport segment, which is comprised of the Company’s Sierra Bullets, L.L.C. and Barnes Bullets – Mona, LLC subsidiaries, through an affiliated entity (the “Buyer”), for approximately $160 million on a cash-free, debt-free basis (the “Buyer’s Proposal”), the terms of which are more fully set forth in the complete text of the Buyer’s Proposal, included as Exhibit 1 to Mr. Kanders’ statement of beneficial ownership on Schedule 13D/A as publicly filed on September 18, 2023 with the U.S. Securities and Exchange Commission. Mr....