Day: February 22, 2024

ZyVersa Therapeutics Publishes New White Paper Detailing the Role of Inflammasomes and ASC Specks in Neurological Diseases, and Data Supporting Inflammasome ASC Inhibitor IC 100 as a Potential Therapeutic Option

Written by Customer Service on February 22, 2024. Posted in Public Companies.

Neurological diseases, which affect up to 16 million people over 18 years old in the US, are the leading cause of physical and cognitive disability. A growing body of evidence supports that activation of more than one type of inflammasome contributes to development of common neurological diseases, and that extracellular ASC specks are involved in disease progression. The white paper summarizes the preclinical research of leading inflammasome experts, Drs. Robert W. Keane and Juan Pablo de Rivero Vaccari at University of Miami Miller School of Medicine, demonstrating that Inflammasome ASC Inhibitor IC 100 crosses the blood brain barrier, and that it displays strong pharmacologic and mechanistic proof-of-concept in a variety of neurological conditions.WESTON, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) — ZyVersa Therapeutics, Inc. (Nasdaq:...

Save Foods: NTwo Off Filed US Patent Application to Reduce Greenhouse Gas Emissions in Wheat Production

Written by Customer Service on February 22, 2024. Posted in Public Companies.

Neve Yarak, Israel, Feb. 22, 2024 (GLOBE NEWSWIRE) — Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W), a pioneer Agri-Food Tech company offering sustainable solutions for agriculture and plant based food, announced the filing of a US patent application by its majority-owned subsidiary, NTwo Off Ltd. (“NTwo Off”, formerly Nitrousink Ltd.) on January 11, 2024, aimed at revolutionizing wheat production. The patent application represents NTwo Off’s goal to assist in mitigating the environmental impact of agriculture, specifically targeting the reduction of nitrous oxide (N2O) emissions in wheat farming. The patented technology refers to methodologies of effectively mitigating nitrous oxide emissions during wheat cultivation. By implementing this innovative approach, NTwo Off hopes to reduce farmers’ environmental footprint while enhancing...

The Shyft Group Reports Fourth Quarter and Full-Year 2023 Results

Written by Customer Service on February 22, 2024. Posted in Earnings Releases And Operating Results.

Generated free cash flow of $36 million in the year; improvement of $75 million year-over-year Delivered record profitability in Specialty Vehicles business Introduces 2024 outlook with sales of $850 to $900 million and adjusted EBITDA of $40 to $50 millionNOVI, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) — The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the fourth quarter and full-year ending December 31, 2023. Fourth Quarter 2023 Financial Highlights For the fourth quarter of 2023 compared to the fourth quarter of 2022:Sales of $202.3 million, a decrease of $99.7 million, or 33.0%, from $302.0 million Net loss of $4.4 million,...

Ocular Therapeutix, Inc. Announces $325.0 Million Private Placement

Written by Customer Service on February 22, 2024. Posted in Dividend Reports And Estimates.

BEDFORD, Mass., Feb. 22, 2024 (GLOBE NEWSWIRE) — Ocular Therapeutix, Inc. (Nasdaq:OCUL) (the “Company”), a biopharmaceutical company committed to enhancing people’s vision and quality of life through the development and commercialization of innovative therapies for diseases and conditions of the eye, today announced that it has entered into a securities purchase agreement with a select group of institutional accredited investors to sell securities in a private placement for aggregate gross proceeds of approximately $325.0 million, before deducting placement agent fees and other offering expenses. The private placement includes participation by new and existing investors, including Venrock Healthcare Capital Partners, TCGX, Deep Track Capital, Perceptive Advisors, Great Point Partners, LLC, Logos Capital, Surveyor Capital (a Citadel...

Brady Corporation Reports Fiscal 2024 Second Quarter Results and Raises the low end of its Fiscal 2024 Guidance

Written by Customer Service on February 22, 2024. Posted in Earnings Releases And Operating Results.

Sales for the quarter decreased 1.1 percent. Organic sales increased 1.6 percent, foreign currency translation increased sales 0.8 percent and divestitures decreased sales 3.5 percent. Gross profit margin increased to 50.2 percent in the second quarter of fiscal 2024 compared to 48.0 percent in the second quarter of fiscal 2023. Diluted EPS increased 18.4 percent to $0.90 in the second quarter of fiscal 2024 compared to $0.76 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 14.8 percent to $0.93 in the second quarter of fiscal 2024 compared to $0.81 in the same quarter of the prior year. Net cash provided by operating activities increased to $36.1 million in the second quarter of fiscal 2024 compared to $29.4 million in the second quarter of last year. The low end of the Earnings per diluted Class...

AppTech’s Strategic Partner InstaCash on Track to Launch Cutting Edge Peer-to-Peer Mobile Payments Platform Q2 2024: User Sign-Ups Available Now

Written by Customer Service on February 22, 2024. Posted in Public Companies.

Sign-up at www.instacash.cash for peer-to-peer payment solution that rivals Venmo, Zelle, and Cash App with lower fees and advanced security protocols CARLSBAD, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (Nasdaq: APCX), a pioneering Fintech company powering frictionless commerce, today announced that its strategic partner, InstaCash, Inc. (“InstaCash”) has gone live with its new www.instacash.cash website. InstaCash is now enrolling initial users for the upcoming launch of its innovative mobile-to-mobile payment system build on AppTech’s patented FinZeo™ platform. With an anticipated market launch by the end of Q2 2024, InstaCash, a peer-to-peer instant payment app similar to Venmo, Zelle, and Cash App, will offer a better cutting-edge user-friendly product with lower transfer fees and more...

MGP Ingredients Reports Strong Fourth Quarter and Full Year 2023 Results

Written by Customer Service on February 22, 2024. Posted in Public Companies.

Record full year gross profit increased 20% from prior year period ATCHISON, Kan., Feb. 22, 2024 (GLOBE NEWSWIRE) — MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2023. 2023 fourth quarter consolidated results compared to 2022 fourth quarterSales increased 13% to $214.9 million. Gross profit increased 35% to $85.1 million, representing 39.6% of sales. Operating income increased 45% to $43.1 million. Adjusted operating income increased 70% to $50.4 million. Net income increased 38% to $31.0 million. Adjusted net income increased 63% to $36.6 million. Adjusted EBITDA increased 60% to $56.2 million. Basic earnings per common share (“EPS”) increased to $1.39 per...

AGF Investments Announces February 2024 Cash Distributions for AGF Enhanced U.S. Equity Income Fund and AGF Systematic Global Infrastructure ETF

Written by Customer Service on February 22, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) today announced the February 2024 cash distributions for *AGF Enhanced U.S. Equity Income Fund and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on March 1, 2024 will receive cash distributions payable on March 7, 2024. Details regarding the final “per unit” distribution amounts are as follows:ETF Ticker Exchange Cash Distribution Per Unit ($)AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc. $0.124413AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc. $0.119261*AGF Enhanced U.S. Equity Income Fund is a mutual fund with an ETF series option. Further information about the AGF ETFs can be found at AGF.com. This information is not intended to provide legal, accounting,...

Form 8.3 – [ LXi REIT PLC – 21 02 2024] – (CGWL)

Written by Customer Service on February 22, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree LXi REIT PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position held/dealing...

Cosmin Pitigoi to Join Flywire as Chief Financial Officer

Written by Customer Service on February 22, 2024. Posted in Public Companies.

Former PayPal senior finance executive brings decades of experience and leadership across global payments, pricing, treasury, finance and investor relations BOSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing Cosmin Pitigoi will join the Company as Chief Financial Officer, beginning March 4, 2024. Pitigoi will report to Flywire CEO Mike Massaro and will oversee Flywire’s accounting, financial planning and analysis, financial reporting, investor relations, internal audit, SEC reporting, tax, credit and risk and treasury functions. “Given Flywire’s continued growth, we looked for a financial leader who could help us scale financial operations, optimize costs and improve our global footprint,” said Mike Massaro, CEO of Flywire....

Day: February 22, 2024

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