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Day: March 20, 2024

Patent Allowance Granted for P-1 Molecule by US Patent and Trademark Office

Novel MDMA-Like Drug Could Be Used for Numerous Neurological and Psychiatric IndicationsP-1 molecular structureP-1 molecular structureTORONTO, March 20, 2024 (GLOBE NEWSWIRE) — PharmAla Biotech Holdings Inc. (“PharmAla” or the “Company”) (CSE: MDMA) (OTC:MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), is thrilled to announce that allowance has been granted for the Composition of Matter of its PharmAla-1 (P-1) molecule by the US Patent and Trademark Office (USPTO). P-1 is an enantiomerically pure composition of ((R)-2-[(2H-1,3-benzodioxol-5-yl)methyl]pyrrolidine.“In proof-of-concept rodent models at the laboratory of Prof. William Fantegrossi, P-1 showed a number of features which we believe to be extremely...

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XTL To Aquire The Social Proxy

expands its IP portfolio to AI Web Data The Social Proxy is a web data AI companydeveloping and powering an IP based platform for AI & BI Applications at scale Secured $1.5 Million in a Private Placement RAMAT GAN, ISRAEL, March 20, 2024 (GLOBE NEWSWIRE) —  XTL Biopharmaceuticals Ltd. (the “Company” or “XTL”) announced today that it has entered into a binding term sheet with THE SOCIAL PROXY Ltd., (the “Social Proxy”) a cutting edge web data company, developing and powering a unique ethical, IP based, proxy and data extraction platform for AI & BI Applications at scale (the “Term Sheet”). Pursuant to the Term Sheet, the Company will acquire all of the issued and outstanding share capital of Social Proxy on a fully diluted basis (the “Transaction”) in exchange for the issuance by the Company to the shareholders of the...

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ARS Advertising Completes Acquisition of Manifest

Manifest, an Award-Winning Content Agency, Will Retain Full Independence CHICAGO, March 20, 2024 (GLOBE NEWSWIRE) — ARS Advertising, an advertising collective run by Ross Shelleman, has completed the acquisition of Manifest, an award-winning content experience agency specializing in innovative content. Driven by an integrated team composed of journalists, best-in-class ad creatives and performance strategists, Manifest designs and delivers breakthrough brand stories for its clients. Manifest will continue to operate independently under its existing brand, retaining its core values, unique identity, and unwavering dedication to delivering unmistakable creative and marketing solutions. The acquisition aligns Manifest’s creative and performance marketing prowess & industry-leading content capabilities with Aisle Rocket’s...

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Gilat Announces Filing of 2023 Annual Report

PETAH TIKVA, Israel, March 20, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced that it has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission containing audited consolidated financial statements for the year ended December 31, 2023. The annual report will be available on the Gilat website (www.gilat.com). Shareholders may receive a hard copy of the annual report free of charge upon request. About Gilat Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide...

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Udemy to Host Virtual Product Demonstration and Generative AI Roadmap Preview

Event will include a question-and-answer session with Chief Product Officer Prasad Raje SAN FRANCISCO, March 20, 2024 (GLOBE NEWSWIRE) — Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will host a virtual demonstration of Udemy’s recently launched Intelligent Skills Platform, as well as a preview of the company’s generative AI roadmap. The demonstration will be followed by a question-and-answer session with Udemy’s Chief Product Officer, Prasad Raje.Date: Wednesday, April 3Time: 8:00 a.m. PT / 11:00 a.m. ET   Individuals interested in participating in the live event can register here. An archived replay of the event will be available on the “Events & Presentations” section of Udemy’s investor relations website. About UdemyUdemy (Nasdaq: UDMY) transforms lives...

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Westhaven Commences Drilling at Its Shovelnose Gold Project

Image 1Initial 2024 Drill ProgramVANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce that exploration drilling has commenced on its flagship, high-grade 17,623-hectare Shovelnose Gold Property, located 30 kilometres (km) south of Merritt, British Columbia, adjacent to the Coquihalla Highway and within the prospective Spences Bridge Gold Belt (SBGB). A preliminary economic assessment (“PEA”) from the South Zone, the first of six prospective zones of mineralization identified at Shovelnose since 2018, was announced on July 18, 2023 (Link to News Release). The PEA identified a robust, low-cost, high margin mining opportunity delivering a post-tax IRR and NPV (6%) of 32.3% and $222 Million, respectively, using a gold price of $1800 per ounce. Additional resource...

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Sunrise Announces CEO’s Purchase of the Company’s Stock

ZIBO, China, March 20, 2024 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its CEO, Mr. Haiping Hu, has purchased 309,928 shares of the Company’s stock since January 2024 to increased his holding of the Company’s stock to 8,140,461 shares. With a strong belief in the company’s long-term potential, Mr. Hu announced plans to further increase his holdings over the next six months. Mr. Hu firmly believes in the long-term prospects of the Company, and stated, “Over the past year, we have successfully made the transition into the lithium battery materials industry. Despite various challenges, we have completed the construction of our factory in Guizhou Province, China, which has the production capacity of 50,000 tons. We’ve formed partnerships...

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Big Screen Entertainment Group Expands Streaming Operations With Additional Acclaimed Films

Target PracticeBig Screen Entertainment Group relicenses Target Practice for multiple new streaming platforms.LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) — Big Screen Entertainment Group (OTC:BSEG) is expanding its streaming plans with the release on further multiple platforms worldwide of two of its best performing titles, “Target Practice” and “Singularity Principle.”“Target Practice” is a past winner of Action Film of the Year that Variety calls “intelligent” and “extremely tense.” The thriller, written and directed by Richmond Reidel, is about friends on a fishing trip who find themselves fighting for survival after they stumble across a training camp for terrorists. Early discussions are underway for a potential sequel, indicative of the film’s enduring appeal and commercial viability. Sci-fi adventure “Singularity...

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AIM ImmunoTech Announces Release of the Next CEO Corner Segment

OCALA, Fla., March 20, 2024 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM” or the “Company”), today announced the next CEO Corner segment has been published on the Company’s website. For the CEO Corner segment, Thomas Equels, Chief Executive Officer of AIM ImmunoTech, provides an overview of Advanced Recurrent Ovarian Cancer and its unmet need, as well as the Company’s associated milestones with its clinical development program. The CEO Corner segment is now available here. About AIM ImmunoTech Inc. AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders and viral diseases, including COVID-19. The Company’s lead product is a first-in-class investigational drug called Ampligen® (rintatolimod), a dsRNA and highly...

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Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

BEIJING, March 20, 2024 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “In 2023, we continued to uphold the principle of high-quality and sustainable development and have accomplished significant achievements. During the year, we continued to optimize our business mix, and have exhibited remarkable agility in embracing the advent of the AIGC era. We increasingly tapped into the structural and tangible opportunities of AI related cloud computing demands within the Xiaomi and Kingsoft ecosystem, while partnering with well-known independent...

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