Month: January 2024
Issuance is part of normal course of incentive program for key team members and funded from existing employee option pool with no material dilution impact for shareholders
Boston, MA, Jan. 17, 2024 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (the “Company”) (TSXV: MNLX) today announces that as part of its standard disclosures, the Company has granted 350,000 options to certain directors and officers of the Company at a strike price of CDN $0.48, which represents a premium of approximately ~10 percent to the prior day’s closing stock price.
These option grants have no material dilution for shareholders, representing less than 25 basis points of the outstanding equity of the Company. On a fully diluted basis, the dilution impact is further mitigated by the cancellation of options from recent or planned exits of team members.
The...
Rubicon Organics Grants DSUs and Options
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, announces that it has granted 420,000 deferred share units (“DSUs”) and 15,000 stock options.
DSU Grant
The Company has granted an aggregate of 420,000 DSUs pursuant to the DSU plan to independent directors of the Company as compensation for their services in 2023. The DSUs vest immediately and may only be redeemed upon a holder ceasing to be a director of Rubicon Organics.
Option Grant
The Company has granted stock options for a total of 15,000 common shares to an employee of the Company pursuant to the equity incentive plan. The stock options are exercisable at $0.50 per share for a period...
Immatics Announces Pricing of $175 Million Public Offering
Written by Customer Service on . Posted in Public Companies.
Houston, Texas and Tuebingen, Germany, January 17, 2024 – Immatics N.V. (NASDAQ: IMTX, “Immatics”), a clinical-stage biopharmaceutical company active in the discovery and development of T cell-redirecting cancer immunotherapies, announced today the pricing of an underwritten public offering of 15,925,000 ordinary shares at a public offering price of $11.00 per share. The gross proceeds from the offering, before deducting the underwriting discount and offering expenses, are expected to be approximately $175 million. The offering is expected to close on January 22, 2024, subject to customary closing conditions. In addition, Immatics has granted the underwriters a 30-day option to purchase up to 2,388,750 additional shares at the public offering price, less the underwriting discount.
Jefferies, BofA Securities and Leerink Partners are acting...
Perlite Market worth $1.9 billion by 2025 Globally, at a CAGR of 6.3%, says MarketsandMarkets™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Chicago, Jan. 17, 2024 (GLOBE NEWSWIRE) — The Global Perlite Market size is estimated to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period, as per the recent study by MarketsandMarkets™. The growth of the construction and industrial applications plays a key role in driving the perlite market. Increasing demand from APAC will further drive the growth of the global perlite market.
Browse in-depth TOC on “Perlite Market”
173 – Market Data Tables 43 – Figures 175 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219145595
List of Key Players in Perlite Market:Imerys Minerals (UK)
Keltech Energies (India)
Dupré Minerals (England)
Amol Dicalite (India)Drivers, Opportunities and Challenges in Perlite Market:Drivers:...
SurgePays Announces Pricing of $15 Million Public Offering
Written by Customer Service on . Posted in Public Companies.
BARTLETT, Tenn., Jan. 17, 2024 (GLOBE NEWSWIRE) — SurgePays, Inc. (Nasdaq: SURG) (“SurgePays”), a technology and telecom company focused on the underbanked and underserved communities, today announced that it has priced its previously announced underwritten public offering of 2,678,571 shares of its common stock at an offering price of $5.60 per share of common stock led by certain new and existing institutional investors. SurgePays has granted the underwriters a 45-day option to purchase up to 401,785 additional shares of its common stock sold in the offering on the same terms and conditions. The Company expects to close the offering on January 22, 2024, subject to customary conditions.
Titan Partners Group, a division of American Capital Partners, is acting as sole book-running manager for the offering.
The gross proceeds to...
Lowell Farms Inc. Announces Termination of the Zabala Road Lease
Written by Customer Service on . Posted in Public Companies.
SALINAS, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born cannabis company with advanced production capabilities including extraction, manufacturing, and distribution, announces that on January 12, 2024, Cypress Holding Company, LLC (“Cypress”), a wholly owned subsidiary of the Company, surrendered possession of approximately 10 acres of real property at 139 Zabala Road, Salinas, California (the “Zabala Road Property”) leased by Cypress pursuant to a Lease Agreement dated April 1, 2017 (the “Zabala Road Lease”) with Tinhouse, LLC, dba Tinhouse Partners, LLC, as landlord (the “Landlord”). Prior to vacating the premises on January 12, 2024, the Company had operated a cultivation facility, which includes four greenhouses totaling approximately 255,000 square feet,...
OSL’s New Era: Visionary Global Expansion and Strategic Realignment for 2024
Written by Customer Service on . Posted in Public Companies.
Hong Kong, Jan. 17, 2024 (GLOBE NEWSWIRE) — OSL Group (863.HK), formerly known as BC Technology Group, Hong Kong’s only publicly listed company fully dedicated to digital assets, is excited to announce the inception of a global expansion strategy for 2024.
OSL’s unwavering commitment to excellence and its deep-rooted relationships with esteemed financial institutions have firmly positioned the Group as a leading force in the B2B domain. With this strong foundation, OSL now sets its sights on a broader horizon and vision: to set the gold standard for regulated digital assets platforms, offering unparalleled services – from institutional clients to individual investors. OSL eagerly anticipates executing a fresh vision with a newly assembled team of experts, including a CEO appointment.
Leadership for the Future
With the appointment...
MedBright AI Investments Inc. Responds to OTC Markets Request on Recent Promotional Activity
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) — MEDBRIGHT AI INVESTMENTS INC. (CSE: MBAI; OTCQB: MBAIF; FSE: 1V7) (“MedBright” or the “Company”) announces that it has been requested by OTC Markets Group Inc. (“OTC Markets”) to issue this statement about promotional activity concerning its common shares traded on the OTCQB market (operated by OTC Markets).
On January 9, 2024, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and the common shares traded on the OTCQB Marketplace, including the distribution of three promotional newsletter emails published by Kevin Vander of www.10XProTrader.com discussing the Company, its technologies and the healthcare services market. OTC Markets provided examples of the promotional material for reference.
All three examples...
Imperial Provides Update on Mount Polley 2023 Production
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial”) (TSX:III) reports that 2023 metal production from Mount Polley was 30.145 million pounds of copper and 41,834 ounces of gold. The mine achieved the low end of its target of 30–33 million pounds for copper production and exceeded the high end of its target of 35-40 thousand ounces for gold production.
Red Chris production will be released when the reconciled information is received from Newmont Corporation (“Newmont”).
Mount Polley Mine
During the fourth quarter 1,567,491 tonnes of ore were treated (up 44.6% compared to Q4 2022), this increase is partially due to improved plant availability of 88.3% (up 22% from Q4 2022). During the quarter 8.348 million pounds copper (up 120.5% from Q4 2022) and 10,349 ounces gold (up 48.0% from...
Cytek® Biosciences Signs Agreement with CRG and UPF to Accelerate Scientific Discoveries
Written by Customer Service on . Posted in Public Companies.
Cytek’s Cutting-Edge Spectral Flow Cytometry Technology, Specialized Staff, Tools and Solutions Set New Benchmarks for Cell Analysis
FREMONT, Calif. and BARCELONA, Spain, Jan. 17, 2024 (GLOBE NEWSWIRE) — Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, has signed an agreement with the Centre for Genomic Regulation (CRG) and the Pompeu Fabra University (UPF) to drive technological innovation and accelerate discoveries for the scientific community.
Cytek’s collaboration serves as a testament to the substantial impact of its technology, laying the groundwork for expansion into new applications. The company’s distinctive approach to spectral flow cytometry is renowned for its profound influence on advancing the understanding of cell biology, immunotherapy, and targeted therapeutic methodologies.
Under...
