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Month: September 2023

Burning Rock’s minimal residual disease (MRD) product supports advancement in early-stage non-small cell lung cancer treatment, with results published in the Cancer Cell

GUANGZHOU, China, Sept. 07, 2023 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”) is delighted to announce that our personalized Minimal Residual Disease (MRD) product, CanCatch® (PROPHETTM panel), was enrolled in a prospective observational study (MEDAL, MEthylation based Dynamic Analysis for Lung cancer, NCT03634826). The MEDAL is a 5-year study that aimed to investigate the clinical utility of MRD in patients with non-small cell lung cancer (NSCLC) with various approaches to ctDNA detection, including MEDAL-Methylation and MEDAL-PROPHET (a novel Patient-specific pROgnostic and Potential tHErapeutic marker Tracking). In MEDAL-PROPHET study, the CanCatch® demonstrated superior performance in head-to-head comparisons with tumor-agnostic fixed-panel and tumor-informed fixed-panel...

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Gatos Silver Announces Results Of Annual Stockholders’ Meeting

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported that its stockholders voted in favour of all items of business at the Company’s Annual Meeting of stockholders held on September 6, 2023 (the “Meeting”). A total of 57,943,220 votes were cast or represented by proxy at the Meeting representing 83.78% of the outstanding shares of common stock as of the record date. A total of 53,617,959 votes (including “for” and “withheld” but excluding “non-votes”) were voted in connection with the election of directors. The results on the election of directors are set out below (excluding non-votes).Name of Nominee Votes For % For Votes Withheld % WithheldJanice Stairs 47,792,924 89.14 5,825,035 10.86Dale Andres 53,368,392 99.53 249,567 0.47Ali...

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Christina Lake Cannabis Provides Financing Announcement

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLFFF) (FRANKFURT:CLB), (the “Company” or “CLC” or “Christina Lake Cannabis“), a leading producer of high quality extracts, advanced products and sun grown cannabis, is pleased to provide details regarding a proposed non-brokered private placement. The Company announces that it intends to complete a non-brokered private placement with gross proceeds of up to $5,000,000 (the “Offering“). The Company will be issuing convertible promissory notes (“Notes”) secured by land and buildings. The Note bears interest at a rate of 15% per annum over a term of 36 months (the “Term“). Repayment of the Note shall be in the form of interest only payments for the first 15 months...

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Karat Packaging Inc. Announces Pricing of Secondary Offering of Common Stock

CHINO, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced the pricing of its previously announced underwritten secondary offering of 1,000,000 shares of Karat’s common stock by certain members of the Company’s management team (collectively, the “Selling Stockholders”) at a price of $21.00 per share. The underwriter has been granted a 30-day option to purchase up to an additional 150,000 shares of Karat’s common stock from a Selling Stockholder. The offering is expected to close on September 12, 2023, subject to the satisfaction of customary closing conditions. The Company will not receive any proceeds from the sale of shares by the Selling Stockholders. Lake Street...

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Rogers Communications Inc. Announces Pricing of Canadian Private Placement of $3 Billion of Senior Notes

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) — Rogers Communications Inc. (“RCI”) announced today that it has priced a Canadian private placement of four series of Canadian dollar denominated senior notes with an aggregate principal amount of $3 billion, consisting of $500 million of 5.65% senior notes due 2026, $1 billion of 5.7% senior notes due 2028, $500 million of 5.8% senior notes due 2030 and $1 billion of 5.9% senior notes due 2033 (collectively, the “Notes”). The net proceeds from the issuance of the Notes will be approximately $2.97 billion. RCI expects to use the net proceeds from this offering for general corporate purposes, which may include the repayment of short-term debt and other borrowings. The offering of the Notes is expected to close on September 21, 2023. The Notes were offered, through a syndicate of agents on...

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Arch Therapeutics Completes Financing as Bridge to Uplisting

Common Stock Listing on National Exchange is Next Planned Significant Milestone FRAMINGHAM, Mass., Sept. 07, 2023 (GLOBE NEWSWIRE) — Arch Therapeutics, Inc. (OTCQB: ARTH) (“Arch” or the “Company”), a marketer and developer of novel self-assembling wound care and biosurgical products, today announced that it completed a private placement with institutional and accredited individual investors (collectively, the “Investors”) as a Bridge Offering preceding a planned national exchange listing of the Company’s common stock on either Nasdaq Global Market, Nasdaq Capital Market, New York Stock Exchange or NYSE American (the “Uplisting”). The private placement consisted of the issuance of common stock, par value $0.001, at a purchase price of $0.275 per share and accompanying common warrant to purchase two shares of common stock (or pre-funded...

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3D Systems Provides Statement on Ongoing Partnership with Align Technology

ROCK HILL, S.C., Sept. 07, 2023 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today issued a statement on the company’s ongoing partnership with Align Technology (NASDAQ:ALGN). The statement is in response to significant shareholder inquiries related to Align’s recent announcement that it has entered into a definitive agreement to acquire privately held Cubicure Gmbh. 3D Systems’ 25-year partnership with Align where 3D Systems provides hardware, materials, processing, and services for Align in connection with its highly efficient indirect production of aligners remains strong. Align operates hundreds of 3D Systems’ printers producing over one million parts daily and continues to rely on 3D Systems to support its operations. 3D Systems’ forecasts remain intact and already account for Align’s existing partnership with Cubicure. “3D Systems...

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IX Acquisition Corp. Announces Sixth Extension of Deadline to Complete Initial Business Combination

NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) — IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from September 12, 2023 for an additional month, to October 12, 2023. This is the sixth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before September 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company’s trust account in connection with this extension. About IX Acquisition Corp. IX Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital...

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Ocean Power Technologies Awarded Three Multi-Year NOAA Contracts to Revolutionize Uncrewed Maritime Systems

MONROE TOWNSHIP, N.J., Sept. 07, 2023 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data and service solutions, today announced the award of three separate Indefinite Delivery Indefinite Quantity (IDIQ) Multiple-Award Contracts (MAC) from the National Oceanic and Atmospheric Administration (NOAA). These awards further add to OPT’s reputation as a reliable U.S. Government contractor and build on recent successes in the defense and national security space. NOAA has selected OPT as one of several Multiple Award IDIQ contract holders to provide Uncrewed Maritime Systems (UMS) Services to NOAA’s Office of Marine and Aviation Operations (OMAO), Uncrewed Systems Operation Center (UxSOC). These contracts have the...

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ThreeD Capital Inc. Announces Unaudited August 31, 2023 Net Asset Value Per Share – $0.78

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at August 31, 2023, its unaudited net asset value per share (“NAV”) was $0.78. This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value...

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