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Month: April 2024

Nika Pharmaceuticals, Inc. (NKPH) Purchased the Technologies for Three Drugs in Tablet Form and One Dietary Supplement

HENDERSON, Nev., April 15, 2024 (GLOBE NEWSWIRE) — Nika Pharmaceuticals, Inc. (OTCMKTS: NKPH) announces the purchase of four technologies for production of three generic drugs in tablet form and one dietary supplement. The acquisition includes full dossiers for each product, which will allow NKPH to quickly register them for sale once the company has finalized the branding of each. The technologies, which were purchased through NKPH’s subsidiary, Nika Europe Ltd., have a proven market track record, as each of them satisfy an important health need of the population. The positive effect of each may be summarized as follows:VINPOCETINE 10mg is clinically tested and has been used for over thirty years for the treatment of stroke, dementia, and other brain disorders due to its neuroprotective abilities. Vinpocetine enhances memory...

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Nova LifeStyle Announces Fiscal 2023 Results

LOS ANGELES, April 15, 2024 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2023. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “We are encouraged with the overall performance as we have improved our margins and increased sales volume throughout the entire year, although pricing pressure has been an issue. We believe some of the initiatives we took in the past, in which we discontinued operations that were not a good fit for us moving forward, should allow us at least to maintain our gross profit margins.” Financial Results for the Year Ended December 31, 2023:Net sales from continuing operations for the year ended December 31, 2023 were $11.09 million, a decrease of 13% from $12.74...

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Kering: Information regarding the arrangements for taking part in the Combined General Meeting of April 25, 2024 and conditions for obtaining or consulting the documents prepared for the meeting

 Kering – Press release – Arrangements AGM April 25, 2024 – ENPRESS RELEASE  April 15, 2024INFORMATION REGARDING THE ARRANGEMENTS FOR TAKING PART IN THE COMBINED GENERAL MEETING OF APRIL 25, 2024 AND CONDITIONS FOR OBTAINING OR CONSULTINGTHE DOCUMENTS PREPARED FOR THE MEETING Kering shareholders are invited to attend the Company’s Combined General Meeting to be held at 3 p.m. on Thursday, April 25, 2024 (Paris time) at Kering’s headquarters – 40 rue de Sèvres, 75007 Paris, France. The General Meeting will be held in the physical presence of the shareholders and will also be broadcast live and available for replay on the Company’s website1: www.kering.com (Finance/Shareholders Information/Annual General Meeting section). The Preliminary Notice of Meeting, including the agenda, the proposed resolutions...

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AIM ImmunoTech Announces Charles Lapp, MD, as a Consulting Medical Officer for its ME/CFS and Long COVID Programs

Charles W. Lapp, MDCharles W. Lapp, MDOCALA, Fla., April 15, 2024 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM”) today announced that Charles Lapp, MD, is joining the company to help lead its efforts to develop Ampligen (rintatolimod) as a potential treatment for Myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) and Long COVID. Dr. Lapp has played a key role in AIM’s long-standing AMP-511 Expanded Access Program for the treatment of ME/CFS and Long COVID, having founded one of the clinical trial’s key sites, the Hunter-Hopkins Center in Charlotte, N.C., from which he recently retired. As a Consulting Medical Officer and an independent contractor, he will help manage the company’s research programs related to ME/CFS and Long COVID, including the development of protocols and new clinical trials. Dr....

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Brandywine Realty Trust Announces Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024

PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has commenced a cash tender offer (the “Tender Offer”) for any and all of the $335,100,000 outstanding principal amount of its 4.10% Guaranteed Notes due October 1, 2024 (the “Notes”). Certain information regarding the Notes and the pricing for the Tender Offer is set forth in the table below.Title of Security CUSIP Number Principal AmountOutstanding U.S. TreasuryReference Security BloombergReference Page Fixed Spread4.10%Guaranteed NotesdueOctober 1, 2024 105340 AN3 $335,100,000 4.250%U.S. TreasurydueSeptember 30, 2024 FIT3 0 bps           The “Purchase Price” offered per $1,000 principal amount of Notes...

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ThreeD Capital Inc. Announces Securities Purchase Agreement with Lophos Holdings Inc.

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that the Company has entered into a proposed Securities Purchase Agreement (the “Agreement”) with Lophos Holdings Inc. (“Lophos”). Under the terms of the Agreement, Lophos will issue and sell 2,125,000 common shares (the “Purchased Lophos Shares”) and 2,125,000 common share purchase warrants (the “Purchased Lophos Warrants”, collectively the “Purchased Lophos Units”) to ThreeD at a price of $0.06 per Purchased Lophos Unit. Each Purchased Lophos Warrant will entitle the holder to purchase one common share of Lophos...

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VCI Global Hits Key Growth Milestone by Completing Its Second Technology Acquisition; a Leading AI Gamification Platform Serving Global Brands

KUALA LUMPUR, Malaysia, April 15, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), a disruptive technology and IP aggregator and capital markets advisor based in Southeast Asia, announced the acquisition of two leading AI gamification brand engagement platforms on mobile from a UK-based games developer. The acquisition of the “ENGAGE” and “Interact” platforms opens up vast new monetization channels in brand marketing to VCIG, with global mobile advertising spending projected to hit $400 billion in 2024, with $136 billion (Martech) being spent on mobile games alone by 2025, and 65% of all US digital advertising spend directed towards mobile platforms (Oberlo). With opportunities across both Western and Asian markets alike, VCIG will sit at the center of global brand spend, bridging...

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Great Pacific Gold to Acquire Papua New Guinea Focused Tinga Valley Copper & Gold Corp.

Highlights:347 sq km granted exploration license (“EL”) located 140 km along strike of ‘World Class’ Ok Tedi Copper-Gold Mine with very similar geological setting. Tinga Valley Property highly prospective for large and high-grade porphyry style copper-gold mineralization and associated massive sulphide-magnetite skarn mineralization with elevated copper and gold-silver grades with several large high priority drill targets already identified over a 2.5km x 1.5km footprint. Historic surface exploration work identified extensive Copper and Gold grades across a 2km copper mineralized zone including grades above 1.97% Cu, 12.7g/t Au. Tinga Valley Property will complement extensive copper-gold portfolio in PNG with exploration planned to unlock major Copper, Gold Porphyry potential in 2024VANCOUVER, British Columbia, April 15, 2024...

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Inspired Reports Fourth Quarter and Full Year 2023 Results

Record Full Year 2023 Revenue of $323 million, up 15% versus prior year period Full Year 2023 Net Income of $7.6 million, or 0.27 per share Record Full Year 2023 Adjusted EBITDA of $100.5 million 4Q Revenue of $81.2 million driven by 49% increase in Interactive segmentNEW YORK, April 15, 2024 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period and fiscal year ended December 31, 2023. “We closed out 2023 with solid results, in-line with our expectations,” said Lorne Weil, Executive Chairman of Inspired. “Our fourth quarter performance capped off a strong year, fueled by our successful strategic focus on scaling our higher-margin digital verticals alongside...

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ERES REIT Declares April 2024 Monthly Distribution

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on April 30, 2024, with payment on May 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01459 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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