Day: February 5, 2024
BOSTON, Feb. 05, 2024 (GLOBE NEWSWIRE) — Elicio Therapeutics, Inc. (Nasdaq: ELTX, “Elicio Therapeutics” or “Elicio”), a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer, today announced that Robert Connelly, Chief Executive Officer, will present at the upcoming Oppenheimer 34th Annual Healthcare Life Sciences Conference on February 13, 2024 at 12:40 PM ET.
A live webcast of the presentation will be accessible under “Events” in the Investors section of Elicio’s website and will be available on-demand for 90 days following the event.
About Elicio TherapeuticsElicio Therapeutics is a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer. By combining expertise in immunology and immunotherapy, Elicio is engineering...
InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027
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WILMINGTON, Del., Feb. 05, 2024 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced today that, pursuant to the terms of the Indenture governing its 3.50% Senior Convertible Notes due 2027 (the “Notes”), the Notes are convertible during its calendar quarter ending March 31, 2024. The current conversion rate of the Notes is 12.9041 shares of InterDigital’s Common Stock per $1,000 principal amount of the Notes.
Upon the conversion of any Notes, InterDigital will pay cash up to the aggregate principal amount of the Notes to be converted, and will pay cash, shares of its Common Stock or a combination of cash and shares of its Common Stock for any conversion obligation in excess of the aggregate principal amount being converted, if any, at InterDigital’s election,...
Blüm Holdings Refocuses on Cannabis Retail and Brand Leadership with Strategic Sale of Cultivation Assets
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SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — Blum Holdings, Inc. (OTCQB: UNRVD) (“Company,” “Blüm Holdings”, “we” or “us”), a cannabis company with operations throughout California, announces its wholly-owned subsidiary Unrivaled Brands’ divestment of its final California cultivation facility, a decision which aligns to a broader realignment strategy concentrating the Company’s efforts on operating and expanding profitable cannabis assets and developing brands.
Sabas Carrillo, Chief Executive Officer of Blüm Holdings, commented on the decision, “As we navigate the dynamic cannabis landscape, our strategic focus must be on sustained growth, cash generation, and profitability. The divestiture of our final California cultivation facility positions the Company to concentrate on the cannabis retail market and on our...
Verizon’s commitment to the Las Vegas community goes far beyond supporting the Big Game
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From laying out more than 547 miles of fiber across Las Vegas, to extensive work with first responders, businesses and community efforts, Verizon is ready for the Big Game
NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) — After the bright lights of Allegiant Stadium fade and the millions of football fans depart, the city of Las Vegas will be left stronger than ever before, in large part due to the major commitment by Verizon to ensure the community stays connected and continues to thrive.
The Thriving Las Vegas Business Community
From working with businesses small and large in Las Vegas, to working hand-in-hand with the public safety community, Verizon is committed to the success of the local economy.
Verizon has reached over 1,500 small businesses across the Las Vegas area through the Small Business Digital Ready program – and over 250,000...
Treasure Global CEO Demonstrates Confidence in Company’s Future Through Share Purchase
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NEW YORK and KUALA LUMPUR, Malaysia, Feb. 05, 2024 (GLOBE NEWSWIRE) — Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”), a leading technology solutions provider, today announced that Chief Executive Officer of the Company, Sam Teo, increased his stake in the Company by purchasing 1,170,000 shares in the open market, totaling an investment of USD $98,397 with each share acquired at $ 0.0841 per share. Following this transaction, Mr. Teo now holds an aggregate of 5.11% of the issued and outstanding voting shares.
“I am excited about the bright future that lies ahead for Treasure Global, as the Company continues to deliver on its strategic objectives and advance a number of key opportunities,” said Sam Teo, Chief Executive Officer of TGL. “Our team’s relentless dedication to innovation, coupled with our ability to forge strategic...
CEMATRIX Announces New Chief Financial Officer
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CALGARY, Alberta, Feb. 05, 2024 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“) is pleased to announce Marie-Josee Cantin (“MJ”) as the new Chief Financial Officer of CEMATRIX, effective February 5, 2024.
MJ brings over 20 years of experience in finance, strategic planning, and operational excellence and we look forward to her contributions in growing CEMATRIX into one of North America’s leading cellular concrete manufactures. In her previous role, MJ was Director of Finance for a top 10 Canadian construction company offering a broad scope in construction services. Her dedication to fostering a collaborative and results-driven culture aligns seamlessly with our core values at CEMATRIX.
Jeff Kendrick, President and Chief Executive Officer, stated: “The Board...
Foresight Successfully Completes Project with Prominent Japanese Vehicle Manufacturer
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Paving the Way for Future Collaborations: Exploring Next Steps in Integrating Foresight’s Advanced Automatic Camera Calibration Solution
Ness Ziona, Israel, Feb. 05, 2024 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, announced today the successful completion of two proof of concept (POC) projects with a leading Japanese vehicle manufacturer, the initiation of these projects was reported by the Company on August 14, 2023.
The vehicle manufacturer, currently employing stereo cameras in its advanced driver assistance systems (ADAS), evaluated the accuracy of Foresight’s unique automatic calibration capabilities to enhance 3D depth perception. Following satisfactory results, the parties are exploring co-development initiatives...
LiveOne (NASDAQ: LVO) Subsidiary Splitmind Wins Grammy
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– Splitmind’s Steven Shaeffer and Simbo Produced Grammy Award-Winning Album Church Clothes 4 by Lecrae
– Splitmind Music Collective has Over 2B Streams across 100+ Major Label Releases and increased revenues 300% in 2023
LOS ANGELES, CA, Feb. 05, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today that its subsidiary Splitmind won a 2024 Grammy Award. Splitmind, a critically-acclaimed Los-Angeles-based music collective of producers and writers from all over the world, founded by Aidan “Halfway” Crotinger in 2020. Splitmind producers Steven Shaeffer and Simbo produced the Grammy Award-Winning Album Church Clothes 4 by Lecrae.
“I’m so excited and proud of our team at LiveOne/Splitmind,” LiveOne Head of Music,...
Global Downstream Processing Market to Surpass 83.47 Billion by 2030 Driven by Rising Demand for Biopharmaceuticals
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SkyQuest projects that the global downstream processing market will attain a value of USD 83.47 billion by 2030, with a CAGR of 15.21% during the forecast period (2023-2030). The global downstream processing market demand for biopharmaceuticals is witnessing robust growth, driven by several key factors. One of the primary drivers is expanding bioprocessing capacity, which allows for the efficient production of biopharmaceuticals at larger scales to meet rising demand. Additionally, there is a growing acceptance of single-use technology in bioprocessing, which streamlines production processes and reduces contamination risks, further fueling the sector’s growth.
Westford USA, Feb. 05, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the growing popularity and rising demand for biopharmaceuticals, including vital products such...
Post Holdings Announces Commencement of Senior Secured Notes Offering
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ST. LOUIS, Feb. 05, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST) (the “Company” or “Post”) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $875.0 million in aggregate principal amount of senior secured notes due 2032 (the “Notes”). The Notes will be secured obligations of the Company and will be guaranteed on a senior secured basis by each of the Company’s existing and subsequently acquired or organized wholly-owned domestic subsidiaries that guarantee the Company’s credit agreement or certain of its other indebtedness; however, immaterial subsidiaries, receivables finance subsidiaries and subsidiaries the Company designates as unrestricted subsidiaries will not be required to guarantee the Notes.
The Company intends to use the net proceeds...