Day: November 15, 2023

eFFECTOR to Present New Clinical Data from Dose Escalation and Phase 2 Expansion Cohorts of Zotatifin in Patients with ER+ Metastatic Breast Cancer at SABCS 2023 Annual Meeting

Written by Customer Service on November 15, 2023. Posted in Public Companies.

SOLANA BEACH, Calif. and REDWOOD CITY, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) — eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR), a leader in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today announced a poster presentation of new clinical data from dose escalation and Phase 2 expansion cohorts of a Phase 1/2 clinical study of zotatifin in patients with estrogen receptor positive (ER+) metastatic breast cancer (mBC) at the San Antonio Breast Cancer Symposium 2023 Annual Meeting, taking place from December 5 – 9, 2023 in San Antonio, Texas. eFFECTOR plans to discuss the results of the clinical trial and provide further updates on zotatifin development at the conference. Presentation details can be found below. Presentation Details: Abstract Title: Phase 1/2 Dose Expansion Study...

Evaxion Presents Proof-of-Principle for Its Unique AI Model Predicting Responses to Cancer Immunotherapy

Written by Customer Service on November 15, 2023. Posted in Public Companies.

Evaxion today presents a novel AI model designed to predict patient responses to standard-of-care cancer immunotherapyThe model demonstrates promising potential for improving patient outcomes, reducing healthcare costs and is scalable for broader applicationsEvaxion will pursue a partnership-based approach towards a commercial offeringCOPENHAGEN, Denmark, Nov. 15, 2023 (GLOBE NEWSWIRE) — Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, presents for the first time its AI model designed to predict patient responses to cancer immunotherapy at the Biomarkers & Precision Oncology Europe conference in Berlin, Germany. The broad use of immunotherapy drugs called checkpoint inhibitors has significantly advanced...

XWELL Opens New XpresSpa Location in Abu Dhabi International Airport

Written by Customer Service on November 15, 2023. Posted in Public Companies.

Eleventh international wellness center is the latest move by XWELL to expand its global footprint NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), an authority in wellness solutions for people on the go, today announced the grand opening of its 34th wellness center in Abu Dhabi International Airport. The Abu Dhabi XpresSpa marks the brand’s 11th international location and adds a valuable extension to the growing UAE traveler base, highlighted by the approximately 52 million passengers that passed through Abu Dhabi International Airport and Dubai International Airport alone in the first six months of 2023. Based in Terminal A, the new XpresSpa location will operate 24 hours per day and seven days per week, providing products and services that restore,...

Fox Factory Completes Acquisition of Marucci Sports, Enhancing Combined Company’s Ability to Deliver Diversified Revenue and Profitable Growth

Written by Customer Service on November 15, 2023. Posted in Mergers And Acquisitions.

$572 million acquisition will be immediately accretive to top and bottom-lineCombination offers expected engineering, manufacturing and sourcing synergies Companies share complementary cultures that drive category leadership in enthusiast brands by successfully winning over passionate consumer bases FOX recently reaffirmed 2025 target of $2.0 billion sales and 25% adjusted EBITDA margin – which excludes Marucci Acquisition continues FOX’s track record of generating successful returns from M&A outside of legacy core shock and suspension businessDULUTH, Ga., Nov. 15, 2023 (GLOBE NEWSWIRE) — Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”) today announced it has closed its acquisition of Wheelhouse Holdings, Inc., the parent company of Marucci Sports LLC (“Marucci”), at an enterprise value of $572 million....

Asset Entities Completes Strategic Acquisition of Ternary and OptionsSwing and Secures CEO Jason Lee, Former Salesforce Lead Solution Engineer, as Asset Entities’ Chief Technology Officer

Written by Customer Service on November 15, 2023. Posted in Mergers And Acquisitions.

Jason Lee, Asset Entities’ new Chief Technology Officer (NASDAQ: ASST)Mr. Lee presenting on behalf of Salesforce at the Dreamforce Conference in 2015DALLAS, Nov. 15, 2023 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, today announced it has acquired all of the assets of Ternary Inc., a cloud-based subscription management solution for Discord communities and Stripe-verified payment processor, and OptionsSwing Inc., an investment research and analysis education service. The acquisitions are intended to add new Discord and social media customers to Asset Entities, expand the Company’s platform, and, via Ternary, provide a Stripe-verified, state-of-the-art payment...

Enservco Corporation Reports 2023 Third Quarter Financial Results

Written by Customer Service on November 15, 2023. Posted in Earnings Releases And Operating Results.

Nine-month revenue up 3% year over year to $15.6 million from $15.1 millionQ3 revenue down 6% year over year to $2.9 million from $3.1 million due to Company’s earlier exit from North Dakota market to focus on more profitable basinsQ3 acquisition of Rapid Hot strengthens position in Marcellus Shale and adds new revenue and management depthRecent $1,625,000 convertible debt financing that included participation from lead investors of Rapid Hot, an Enservco board member and Cross River PartnersYear-to-date progress de-levering balance sheet, with long-term debt reduced to $4.2 million from $5.3 million since 2022 year-end and from approximately $36 million at 2019 peak debtLONGMONT, Colo., Nov. 15, 2023 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site...

Virdee Closes on $12.4M in Series A Funding led by Moneta Ventures

Written by Customer Service on November 15, 2023. Posted in Earnings Releases And Operating Results.

Funding sets the stage for Virdee’s vertical growth and momentum in the hospitality sector, supporting its ongoing technological advancement and installation at leading hotel brands AUSTIN, Texas, Nov. 15, 2023 (GLOBE NEWSWIRE) — Virdee, a leader in guest experience technology and check-in automation, today announced that it has raised USD $12.4 million in an oversubscribed Series A funding round led by Moneta Ventures with participation from Silverton Partners, Koch Real Estate Investments, Alumni Ventures, DJR Advisors, Capital Factory and other strategic partners. Virdee will use this funding to further the company’s technological innovation with expanded product features and functionality, while growing its workforce, and deepening its presence in the hospitality sector. The investment follows previous Series Seed financing...

BurgerFi Reports Third Quarter 2023 Results

Written by Customer Service on November 15, 2023. Posted in Earnings Releases And Operating Results.

Conference Call Today, November 15, 2023, at 8:30 a.m. ET FORT LAUDERDALE, Fla., Nov. 15, 2023 (GLOBE NEWSWIRE) — BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner of one of the nation’s leading fast-casual “better burger” dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza and wings concept under the name Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) brand, today reported financial results for the third quarter ended October 2, 2023. Highlights for the Third Quarter 2023Total revenue was $39.5 million in the third quarter 2023 compared to $43.3 million in the prior periodConsolidated systemwide sales decreased to $65.3 million compared to $70.6 million in the prior period Same-store sales decreased 5% at Anthony’s in the third quarter of 2023 compared...

Olink reports third quarter 2023 financial results

Written by Customer Service on November 15, 2023. Posted in Earnings Releases And Operating Results.

UPPSALA, Sweden, Nov. 15, 2023 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced its unaudited financial results for the third quarter ended September 30, 2023. HighlightsThird quarter 2023 revenue totaled $44.2 million, representing year over year growth of 39% on a reported basis and 38% on a constant currency adjusted like-for-like basis Total Explore customer installations reached 87, with 13 installations during the third quarter Total Signature Q100 placements reached 153, with 21 placements during the third quarter Explore revenue of $32.3 million accounted for 73% of total third quarter revenue, with Explore Kit revenue totaling $17.4 million, or 54% of total Explore revenues Third quarter kits revenue and analysis services revenue represented 54% and 38% of total revenue, respectively Third...

Cognition Therapeutics Presents Preclinical Data Identifying Pathways Impacted by Sigma-2 Receptor Modulators in Alzheimer’s and Parkinson’s Diseases

Written by Customer Service on November 15, 2023. Posted in Public Companies.

NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) — Cognition Therapeutics, Inc. (NASDAQ: CGTX) is presenting in vivo preclinical results at the Society for Neuroscience’s annual meeting illuminating the role of sigma-2 (σ-2) receptor modulators, including CT1812, in models of Alzheimer’s and Parkinson’s diseases. The effect of two chemically distinct σ-2 receptor modulators in a mouse model of Alzheimer’s disease on gene and protein expression are presented. Data shed light on the molecular mechanisms and build upon previous studies in this same mouse model where Cognition’s lead candidate, CT1812 was previously shown to decrease binding of Aβ oligomers to neuronal synapses and ameliorate cognitive deficits. Separately, work supported by a Michael J. Fox Foundation grant award is presented defining the impact of σ-2 receptor modulators...

Day: November 15, 2023

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