Day: December 26, 2023

PainReform Announces Exercise of Warrants for Approximately $1.3 Million in Gross Proceeds

PainReform Announces Exercise of Warrants for Approximately $1.3 Million in Gross Proceeds

TEL AVIV, Israel, Dec. 26, 2023 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 467,896 ordinary shares, having an exercise price of $9.00 per ordinary share, issued by PainReform in July 2023, at a reduced exercise price of $2.85 per ordinary share. The ordinary shares issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form F-1 (File No. 333-274220). The closing of the offering is expected to occur on or about December 29, 2023, subject to satisfaction of customary...

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IDEX Biometrics has entered into convertible loan agreement

IDEX Biometrics has entered into convertible loan agreement

IDEX Biometrics ASA (“IDEX”) has entered into an agreement with an entity managed by Heights Capital Management, Inc. to issue NOK 100 million in principal amount of senior convertible amortizing bonds. Reference is made to IDEX’s notices on 7 November 2023 regarding a non-binding term sheet for the convertible bond and 21 December 2023 regarding approval of the loan by the company’s extraordinary general meeting. Closing of the transaction is expected to occur on or about 28 December 2023. The subscription price for the convertible bond will be at 92% of the principal amount. Interest rate is 6% pa. The initial conversion price will be NOK 0.7330 per share, which is 125% of the six-day volume weighted average price (VWAP) of the shares up to (and including) the signing date (being 22 December 2023). The conversion price is subject to...

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Bridgeline to Report Financial Results for the Fourth Quarter of Fiscal 2023

Bridgeline to Report Financial Results for the Fourth Quarter of Fiscal 2023

WOBURN, Mass., Dec. 26, 2023 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a leading marketing technology software provider, announced today that it will release its financial results for the fourth quarter of fiscal 2023 on Wednesday, December 27, 2023, at 4:30 p.m. ET. On that day, Ari Kahn, the Company’s President and Chief Executive Officer, and Thomas Windhausen, the Company’s Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. The details and registration link for the conference call and replay are as follows: What: Bridgeline Digital Fourth Quarter 2023 Earnings Call When: Wednesday, December 27, 2023 Time: 4:30 p.m. ET Registration: https://register.vevent.com/register/BI68d7b29d1aaa40ab820c5316103c486c     Participants can...

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Hersha Hotels and Resorts Announces Dividend Classification for 2023

Hersha Hotels and Resorts Announces Dividend Classification for 2023

PHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) — Hersha Hotels and Resorts (“Hersha” or “the Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification of Hersha Hospitality Trust’s (“HHT”) Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2023 for Federal income tax reporting purposes. The tax information provided below relates to HHT prior to the November 28, 2023 merger between HHT and 1776 Portfolio REIT Merger Sub, LLC (“REIT Merger Sub”) pursuant to that certain Agreement and Plan of Merger, dated as of August...

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CalAmp Announces Date for Fiscal 2024 Third Quarter Earnings Conference Call

CalAmp Announces Date for Fiscal 2024 Third Quarter Earnings Conference Call

IRVINE, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will release its fiscal 2024 third quarter financial results after market close on Tuesday, January 9, 2024. In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on January 9, 2024, to discuss its financial results. The call may be accessed via webcast by visiting the Investor Relations section of CalAmp’s website at CalAmp IR Web Site. Please go to the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the webcast will be available for 90 days after the call. Earnings Conference Call DetailsInterested parties may pre-register to obtain...

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iRhythm Technologies to Present at the 42nd Annual J.P. Morgan Healthcare Conference

iRhythm Technologies to Present at the 42nd Annual J.P. Morgan Healthcare Conference

SAN FRANCISCO, Dec. 26, 2023 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today announced the company will be participating in the upcoming 42nd Annual J.P. Morgan Healthcare Conference. iRhythm’s management is scheduled to present on Monday, January 8, 2024, at 4:30 p.m. Pacific Time/7:30 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Events & Presentations” section of the company’s investor website at investors.irhythmtech.com. About iRhythm Technologies, Inc.iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics...

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Thumzup Reaffirms its Instagram-First Strategy Heading into 2024

Thumzup Reaffirms its Instagram-First Strategy Heading into 2024

Thumzup Media Corporation Thumzup mobile app Company Recently Added Over 50 New Advertisers as the Thumzup Platform Continues to Gain Adoption (Los Angeles, CA), Dec. 26, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is pleased to reaffirm its Instagram-first strategy as the Company continues to aggressively add new advertisers to its platform. Last week, Thumzup announced that it has added more than 50 new advertisers to its platform since June 1, 2023 – growth of more than 40% – demonstrating continued adoption of the Thumzup platform.* According to a recent Social Sheppard article, 62.4% of people use Instagram to research products and services while 72% of marketers rely on Instagram to collaborate with influencers and creators[1]. In terms of active...

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Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

DALLAS, Dec. 26, 2023 (GLOBE NEWSWIRE) — On December 26, 2023, Hallmark Financial Services, Inc. provided notice to the Nasdaq Stock Market LLC of its intention to voluntarily delist its shares of common stock from the Nasdaq Global Market. Trading of the Company’s common stock will be suspended at the open of business on January 5, 2024. The Company intends to file a Form 25 with the SEC on or about January 5, 2024, with the delisting of its common stock taking effect no earlier than ten days thereafter. The Company’s decision to voluntary delist its shares was based on the Company’s failure to meet two of the requirements for continued listing on the exchange and the lack of a viable plan to remediate both such deficiencies within their established grace periods. On September 28, 2023, Hallmark Financial Services, Inc. (the “Company”)...

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1st Capital Bancorp Announces Appointment of Laura Zehm to Board of Directors

1st Capital Bancorp Announces Appointment of Laura Zehm to Board of Directors

SALINAS, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), holding company and parent company of 1st Capital Bank (the “Bank”), today announced the appointment of Laura Zehm, as a director. Ms. Zehm is the former Chief Administrative Officer and Chief Financial Officer of Montage Heath. “We are excited to have Ms. Zehm as a member of the board,” said Kurt Gollnick, chairman. “Her wealth of knowledge and experience, will provide the Bank with a depth of experience and insight within her areas of discipline which will complement the board extremely well.” Ms. Zehm’s over 30 years of experience includes strategy, operations, business transformation and mergers and acquisitions within the healthcare industry. A long-time resident of Monterey County, she further strengthens the relationship...

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1st Capital Bancorp Announces Joel Keller as  Executive Vice President and Chief Financial Officer

1st Capital Bancorp Announces Joel Keller as Executive Vice President and Chief Financial Officer

SALINAS, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), holding company and parent company of 1st Capital Bank (the “Bank”), announced today the appointment of Joel Keller to Executive Vice President and Chief Financial Officer. Chief Executive Officer Samuel Jimenez announced today that Joel Keller has been named Executive Vice President and Chief Financial Officer (CFO) of 1st Capital Bancorp and 1st Capital Bank. Mr. Keller will serve as a member of the executive leadership team and will be directly responsible for the management of the finance and accounting functions of the Bank, and will report directly to Samuel Jimenez, Chief Executive Officer. “I am pleased to welcome Joel to the executive team at 1st Capital Bancorp,” Jimenez said. “Joel brings tremendous experience and will...

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