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Day: April 1, 2024

BioStem Technologies Reports Fourth Quarter Revenue of $11.5 Million, 14-Fold YoY Increase

-Project Continued Growth from Sales of AmnioWrap2®– -Financial Results Conference Call and Webcast on Monday, April 1, 2024 at 4:30 pm EDT- POMPANO BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) — BioStem Technologies Inc. (OTC: BSEM), a leading regenerative medicine company focused on the development, manufacture, and commercialization of placental derived biologics, today reported financial results for the fourth quarter and twelve months ended December 31, 2023. Jason Matuszewski, CEO of BioStem, commented, “BioStem had an outstanding fourth quarter. Revenue reached $11.5 million, nearly 14 times higher than revenue of roughly $0.8 million for last year’s comparable quarter. This growth was driven by the successful commercial launch into the private office setting of AmnioWrap2, our innovative placental-derived allograft...

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Xilio Therapeutics Announces Pipeline and Business Updates and Fourth Quarter and Full Year 2023 Financial Results

On track with plans to initiate Phase 2 trial for XTX101, a tumor-activated, Fc-enhanced anti-CTLA-4, in combination with atezolizumab in patients with microsatellite stable colorectal cancer (MSS CRC) in the third quarter of 2024 Granted Gilead exclusive license to develop and commercialize XTX301, a tumor-activated IL-12 Anticipates cash runway into the second quarter of 2025 WALTHAM, Mass., April 01, 2024 (GLOBE NEWSWIRE) —  Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced pipeline progress and business updates and reported financial results for the fourth quarter and full year ended December 31, 2023. “With our recently announced partnership with Gilead for XTX301, our tumor-activated...

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LogicMark, Inc. Postpones Release of Fourth Quarter and Full Year 2023 Financial Results

LOUISVILLE, Ky., April 01, 2024 (GLOBE NEWSWIRE) — LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced that it has postponed the release of fourth-quarter and full-year 2023 financial results, and the conference call originally scheduled for April 1, 2024. The Company is filing an extension with the SEC to allow for more time to complete its 2023 Annual Report on Form 10-K. For more information, please visit https://investors.logicmark.com/ for all of the company’s press releases and SEC filings, as well as the eCommerce site at https://www.logicmark.com/. About UsLogicMark, Inc. (Nasdaq: LGMK) provides personal emergency response systems (PERS), health communications devices, and technologies to create a Connected...

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ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings

– Led by Steven Acevedo and Art Isagholian, ACE Venture Enterprises, Inc., a minority-owned business, plans to acquire Vireo Health of New York to accelerate entry into the New York market – – Ace plans to retain Goodness Growth with a collaborative advisory agreement to advance the long-term success of both organizations – – Terms include a purchase price of between $3 to $5 million, an investment of $20 million from Ace for development of the Johnstown cultivation and manufacturing campus, and Ace’s assumption of the IIP lease – NEW YORK and MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) — ACE Ventures, LLC (“Ace”), a minority-owned business in the State of New York, Ace’s corporate partner, Ace Venture Enterprises, Inc. and Goodness Growth Holdings, Inc. (“Goodness Growth”) (CSE: GDNS; OTCQX: GDNSF), today announced...

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Yield10 Bioscience Announces Fourth Quarter and Full Year 2023 Financial Results

-Granted global commercial license to Vision Bioenergy for Camelina addressing the biofuel market-Advanced regulatory and seed scale-up program for omega-3 Camelina-E3902 oil trait in Camelina cleared by regulatory authority for planting in Canada-Management will host a conference call today at 4:30 p.m. (ET) to review financial results and provide a corporate update WOBURN, Mass., April 01, 2024 (GLOBE NEWSWIRE) — Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today reported financial results for the fourth quarter and full year ended December 31, 2023. “In 2023 we successfully executed our plan and achieved several key milestones that position Yield10 to build a sustainable products business based on engineered Camelina,” said Oliver...

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Gabelli Funds to Host 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024

GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) — Gabelli Funds, LLC, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday, April 4, 2024. The symposium will draw companies with a focus on the themes of waste, water treatment, and the environment. Attendees will also have the opportunity to meet with management in a one-on-one setting. Presenting Companies:8:20am   Opening Remarks   Tony Bancroft, Gabelli Funds         8:30   Republic Services, Inc. (NYSE: RSG)   Brian DelGhiaccio, CFO;Aaron Evans, VP, IR         9:00   Waste Connections, Inc. (NYSE: WCN) Joe Box, VP, IR         9:30   Ranpak Holdings Corp. (NYSE: PACK)   Bill Drew, SVP & CFO         10:00   Casella Waste Systems, Inc. (NASDAQ: CWST)*   John Casella, CEO;Ned Coletta,...

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Vital Energy Announces Increase in Tender Cap for Senior Notes Due 2030

TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it has amended its previously announced cash tender offer (the “Tender Offer”) for its 9.750% senior notes due 2030 (the “2030 Notes”). The Company is amending (i) the maximum amount of 2030 Notes it will repurchase in the Tender Offer from $100,000,000 aggregate principal amount to $197,636,000 aggregate principal amount and (ii) the expiration date of the Tender Offer to 5:00 p.m., New York City time, on April 16, 2024. Accordingly, subject to completion of its previously announced offering of additional 7.875% senior notes due 2032, the Company will accept all 2030 Notes that were tendered and not withdrawn prior to 5:00 p.m., New York City time, on March 27, 2024 (the “Early...

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Wah Fu Education Group Ltd. Announces Unaudited Financial Results for the First Half of Fiscal Year 2024

BEIJING, April 01, 2024 (GLOBE NEWSWIRE) — Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (Nasdaq:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2023. Financial Highlights for the Six Months Ended September 30, 2023    For the Six Months EndedSeptember 30,  ($’000, except per share data)   2023     2022     % Change  Revenue   $ 3,648     $ 5,453     (33.1 )%Gross profit   $ 2,063     $ 2,788     (26.0 )%Gross margin     56.6 %     51.1 %   (5.4 )ppIncome (loss) from operations   $ 273     $ 1,117     (75.6 )%Operating profit (loss) margin     7.5 %     20.5 %   (13.0 )ppNet income (loss)   $ 125     $ 1,056     88.2 %Basic...

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BioSyent to Present at LD Micro New York Investor Conference

MISSISSAUGA, Ontario, April 01, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent” or the “Company”, TSX Venture: RX) announces that Mr. René Goehrum, President and CEO of BioSyent, will be presenting in person at the LD Micro Invitational XIV Conference in New York City on Tuesday, April 9th at 8:00am EDT. This presentation will also be live-streamed virtually. Mr. Goehrum will also be available to meet with investors on a one-on-one basis during the conference on April 9th. These one-on-one meetings can be requested by registered attendees through the online conference portal: LD Micro Invitational XIV. About BioSyent Inc. Listed on the TSX Venture Exchange under the trading symbol “RX”, BioSyent is a profitable growth-oriented specialty pharmaceutical company focused on in-licensing or acquiring innovative pharmaceutical and...

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Vital Energy Prices Upsized Offering of $200.0 Million of Senior Notes

TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private placement offering (the “Offering”), upsized to $200.0 million in aggregate principal amount, of 7.875% senior notes due 2032 (the “senior notes”) at 100.75% of par, plus accrued and unpaid interest from March 28, 2024, in a private placement to eligible purchasers. The Offering is expected to close on or about April 3, 2024, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering, if completed, to repay or repurchase indebtedness, including in connection with the funding of the purchase for cash our 10.125% senior notes due 2028 and certain of our 9.750% senior notes...

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