Day: December 20, 2023

Tonix Pharmaceuticals Announces Highly Statistically Significant and Clinically Meaningful Topline Results in Second Positive Phase 3 Clinical Trial of TNX-102 SL for the Management of Fibromyalgia

Figure 1 Pain Reduction Over Course of Study Phase 3 RESILIENT study of TNX-102 SL successfully demonstrated daily pain reduction over placebo (primary endpoint, p = 0.00005) All six key secondary endpoints, including patient global impression, fibromyalgia-specific symptoms and dysfunction, fatigue and sleep measures were significantly improved (all p ≤ 0.001) Positive results support planned New Drug Application (NDA) submission to the FDA in the second half of 2024​An estimated 6 million to 12 million adults in the U.S. are living with fibromyalgia, the majority of whom are women CHATHAM, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a biopharmaceutical company with marketed products and a pipeline of development candidates, today announced that the Phase...

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Tonix Pharmaceuticals Announces Registered Direct Offering of up to $144 Million

Led by healthcare-focused institutional investors. $30 million financing upfront with up to an additional $114 million tied to the exercise of warrants. CHATHAM, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP), a biopharmaceutical company with marketed products and a pipeline of development candidates, today announced that the Company has signed securities purchase agreements with certain healthcare-focused institutional investors that have agreed to provide up to $144 million in gross proceeds to Tonix through a registered direct offering that includes initial upfront funding of $30 million. About the Registered Direct Offering Pursuant to the securities purchase agreements, the Company has agreed to issue an aggregate of 54,054,054 shares of common stock (or prepaid warrants) and two...

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Hexagon Composites ASA – Participation in Hexagon Purus’ contemplated convertible bond private placement

20 December 2023: Reference is made to the stock exchange announcement from Hexagon Purus ASA (“Hexagon Purus” or the “Company”) published 20 December 2023 at 16:31 (CET) whereby the Company announced the launch of a contemplated private placement of senior unsecured convertible bonds (the “Convertible Bonds”) raising gross proceeds of up to approximately NOK 1,000 million (the “Convertible Bond Private Placement”). The Convertible Bond Private Placement is supported by Hexagon Composites ASA (“Hexagon Composites”), Mitsui & Co., Ltd. (“Mitsui”) and Hy24 Partners SAS (“Hy24”) through pre-commitments and pre-allocations for an aggregate of NOK 850 million, whereof Hexagon Composites has irrevocably committed to subscribe for, and will receive an allocation of NOK 200 million.  “Hexagon Purus has assumed market-leading...

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Hexagon Purus ASA – Hexagon Purus launches convertible bond private placement of up to approximately NOK 1,000 million, with pre-commitments of NOK 850 million from strategic investors Mitsui, Hy24 and Hexagon Composites.

Type 4 Hydrogen Cylinder Hydrogen Cylinder, Germany, 2023. Hydrogen Container 40ft hydrogen container, Germany, 2023. Hino Truck Hexagon Purus will produce complete battery electric heavy duty trucks for the U.S. market, distributed exclusively through select qualifying dealers in Hino’s network. The vehicles will be based on Hino’s XL 4×2 truck chassis and upfitted with Hexagon Purus’ proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and the vehicle-level software. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION...

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Track Group Reports Fiscal 2023 Financial Results

NAPERVILLE, Ill., Dec. 20, 2023 (GLOBE NEWSWIRE) — Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal year ended September 30, 2023 (“FY23”). In FY23, the Company posted (i) total revenue of $34.5 Million (“M”), a decrease of approximately 6.7% over total revenue of $37.0M for the year ended September 30, 2022 (“FY22”); (ii) FY23 operating loss of ($1.5M) compared to FY22 operating loss of ($2.1M); and (iii) net loss attributable to common shareholders of ($3.4M) in FY23 compared to net loss attributable to common shareholders of ($7.4M) in FY22. “Notwithstanding the challenges in the fiscal year ended September 30, 2023, the Company’s recently awarded contracts, growth with existing customers, and our pipeline for new business are more...

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EPOW Lead in Establishing National Battery Industry Standard Policy, Highlighting Its Position as a Benchmark in Technological Innovation, Product Quality and Management Efficiency in the Industry

National Battery Industry Standard Policy titled “Technical Specifications for Artificial Graphite Anode Materials” ZIBO, China, Dec. 20, 2023 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced its significant contribution to the development of a national industry standard policy titled “Technical Specifications for the Production Process of Artificial Graphite Anode Materials”. This standard policy is widely recognized as a crucial guideline within the battery industry and plays a vital role in ensuring the production and quality control of artificial graphite anode materials. China Battery Industry Association (CBIA) invited Sunrise to initiate the drafting of this pivotal standard. CBIA is responsible for making policies, developing...

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Liatam Mining Makes Investment in Novo and Quartz Hill Joint Venture Formed

HIGHLIGHTS Subject to Toronto Stock Exchange (TSX) approval, Liatam Mining Pty Ltd (Liatam) has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%. Liatam has exceeded the required spend of A$1.75 million to form the 80%/20% Quartz Hill Joint Venture with Novo in the East Pilbara, Western Australia. Liatam has acquired legal title to the tenements included in the Quartz Hill Joint Venture and becomes the manager of the joint venture, with Novo retaining 20% ownership of battery mineral rights along with 100% of the gold and silver rights on the tenements. The Quartz Hill Joint Venture tenements are considered prospective for lithium-caesium-tantalum (LCT) style pegmatite mineralisation. Following the A$10 million transaction with SQM Australia in...

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Syntec Optics Launches Innovative Thermal Clip-On Scope (Nasdaq: OPTX)

Leverages its IP to Overlay Thermal Image into Existing Defense Daylight Scopes ROCHESTER, NEW YORK, Dec. 20, 2023 (GLOBE NEWSWIRE) — Syntec Optics, a scientific and technical instruments, and aerospace and defense supplier that over the past two decades enabled missile guide optics and a wide field of view Heads Up Display for military helicopter pilots, announced today that it has expanded its capabilities to produce a new disruptive innovation product called Phoenix, a thermal scope that clips-on in front of the soldier’s daylight scope on military platforms and can be switched on and off without affecting the daylight scope to provide a thermal image as needed. American soldiers can now defend against camouflaged targets/threats and leverage enhanced situation awareness without the inconvenience of any additional equipment...

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Trail Carbon Capture Pilot Plant Now Operational 

TRAIL, British Columbia, Dec. 20, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the Carbon Capture Pilot Plant at its Trail Operations in southern British Columbia is now operating and successfully capturing carbon dioxide (CO2). “This is an important milestone as we advance our understanding of the potential of carbon capture technology to reduce emissions at our operations,” said Jonathan Price, President & CEO. “This project is part of Teck’s ongoing work to take action on climate change and achieve our long-term goal of net-zero operations by 2050.” The Carbon Capture Pilot Plant separates CO2 from the Acid Plant flue gas at Trail Operations at a rate of one tonne per day and will operate through 2024 for testing and data collection purposes. Teck’s Carbon...

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Radiogel™ Precision Radionuclide Therapy™ Receives FDA Breakthrough Device Designation

Richland WA, Dec. 20, 2023 (GLOBE NEWSWIRE) — Vivos Inc. (OTCQB: RDGL), Vivos Inc is pleased to announce that the Food and Drug Administration has granted RadioGel Precision Radionuclide Therapy the designation as a Breakthrough Device pursuant to the FDA’s Breakthrough Devices Program. Dr. Mike Korenko stated “We are pleased with the FDA’s decision to grant Breakthrough Device Designation following our recent data submissions. The FDA did a very thorough review. The analysis in our Risk Management Report concluded that RadioGel™ is intrinsically safe and our animal therapy data verified its effectiveness. We are currently working closely with Mayo Clinic for our initial indication for use of Radiogel for delivering “therapeutic radiation to solid metastatic tumors in lymph nodes associated with papillary thyroid cancer,...

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