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Month: April 2024

Ceapro Inc. Reports 2023 Financial Results and Operational Highlights

– 2023 marked by Ceapro’s achievement of key milestones and progress toward its next phase of growth – R&D activities focused on advancement of avenanthramide Phase 1-2a clinical study and the processing of yeast beta glucan along with the building of pilot scale units for PGX Technology – Sales impacted (decreased by 49% from $18.8M in 2022 to $9.6M in 2023) due to re-organization associated with the spin-off of the consumer division of one major customer – Announced merger of equals with Aeterna Zentaris to create a diversified biopharmaceutical company; expected to close in the second quarter of 2024, subject to the closing conditions EDMONTON, Alberta, April 29, 2024 (GLOBE NEWSWIRE) — Ceapro Inc. (TSX-V: CZO, OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and...

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California Issues HVIP Approval, Granting Mullen’s Class 3 EV Trucks a $45,000 Cash Voucher Per Vehicle Sold

CARB’s HVIP Program Approves Mullen THREE for $45,000 Cash VoucherMullen THREE can now be purchased for less than $17,000 when combined with federal tax credit and HVIP voucherUnder HVIP, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE would be less than $17,000. BREA, Calif., April 29, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the  California Air Resources Board (“CARB”) has approved the Company’s all-electric Class 3 low cab forward, the 2024 Mullen THREE, for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”).  The...

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Lucas To Discuss Fiscal Year 2023 Financial Results on April 29, 2024 After Market Close

Conference call will be held on, Monday, April 29, 2024 at 4:30 pm ET NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company currently focusing on offering human capital management services, announced that it will report financial results for the fiscal year ended December 31, 2023, later today, Monday, April 29, 2024, after the market closes. The Company has scheduled a conference call on the same day, Monday, April 29, 2024, at 4:30 p.m. ET, to review the results. FY 2023 Conference Call Details Date and Time: Monday, April 29, 2024, at 4:30 p.m. ET Call-in Information: Interested parties can access the conference call by dialing (844) 836-8745 or (412) 317-6797. Webcast: Interested...

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Lonnel Coats Retires as Chief Executive Officer and Board Member of Lexicon Pharmaceuticals

THE WOODLANDS, Texas, April 29, 2024 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that Lonnel Coats has provided notice of his retirement as chief executive officer and as a member of its board of directors, in each case effective July 7, 2024, his 10th anniversary with the company. The board of directors has initiated a search for a new chief executive officer which will consider both internal and external candidates. “During Mr. Coats’ tenure, Lexicon advanced two compounds through clinical development and into market, multiple programs into late-stage development and numerous compounds from discovery into development”, said Ray Debbane, the chair of Lexicon’s board of directors. “It is under his leadership that Lexicon transformed from a scientific platform company into a fully integrated biopharmaceutical...

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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024

CONCORD, NC, April 29, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Hydromer, Inc. (OTC: HYDI) (the “Company”), a leader in hydrophilic, thromboresistant, and antimicrobial coating technologies for medical devices for over 44 years, is pleased to announce certain preliminary, unaudited management-prepared financial results for the quarter ended March 31, 2024. These results are based on the most current information available to management, are unaudited, and are subject to the completion of the Company’s 2024 year-end financial reporting processes, reviews, audit, and potential adjustments, each of which could result in changes to the numbers reported. “We’re pleased with the results Hydromer achieved in Q1 2024, demonstrating both our commitment to profitability and our strategic growth initiatives. Our journey...

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FAT Brands to Announce First Quarter 2024 Financial Results On May 1, 2024

LOS ANGELES, April 29, 2024 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, Fazoli’s and 13 other restaurant concepts, today announced that the Company will host a conference call to review its first quarter 2024 financial results on Wednesday, May 1, 2024 at 5:00 PM ET. A press release with first quarter 2024 financial results will be issued prior to the conference call that day. The conference call can be accessed live over the phone by dialing 1-844-826-3035 from the U.S. or 1-412-317-5195 internationally. A replay will be available after the call until Wednesday, May 22, 2024, and can be accessed by dialing 1-844-512-2921 from...

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Edible Garden Begins Shipping ‘Garden Starters’ in Time for Spring Planting Season

Potted Herbs and Basil Bowls Available for Home Gardening Enthusiasts Sustainably driven Edible Garden Heartland facility in Grand Rapids, Michigan to manage the entire production, packaging, and distribution process Strategic use of backhauls and leveraging Edible Garden Heartland can significantly reduce CO2 emissions BELVIDERE, NJ, April 29, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that shipping of Garden Starters, a featured display for the Company’s potted herbs and basil bowls that can be planted in a consumer’s home garden, has begun to retail locations across the Midwest, beginning with Meijer. Mr. Jim Kras, Chief Executive...

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Harvard Bioscience Schedules First Quarter 2024 Earnings Conference Call for May 7, 2024 at 8:00 AM ET

HOLLISTON, Mass., April 29, 2024 (GLOBE NEWSWIRE) — Harvard Bioscience, Inc. (Nasdaq: HBIO) will announce its financial results for the quarter ended March 31, 2024 before the market opens on May 7, 2024, and will hold a conference call to discuss the results at 8:00 a.m. Eastern Time.  Participants who would like to join the call and ask a question must register here. Once registered, you will receive the dial-in numbers and a unique PIN number.  Participants who would like to join the audio-only webcast should go to our events and presentations on the investor website here. Financial information presented on the call, including the earnings release and a related slide presentation, will be available on the Investor Relations section of Harvard Bioscience’s website.  About Harvard Bioscience  Harvard Bioscience, Inc. is a leading...

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Scorpius Holdings Provides 2023 Year-End Business Update; Reports 570% Sequential Increase in Revenue for the Fourth Quarter of 2023

DURHAM, N.C., April 29, 2024 (GLOBE NEWSWIRE) — Scorpius Holdings, Inc (NYSE American: SCPX) (‘Scorpius” or “the Company”), an integrated contract development and manufacturing organization providing state-of-the-art large molecule contract development and manufacturing organization (“CDMO”), today provided strategic, financial, and operational updates for the year ended December 31, 2023. Jeff Wolf, CEO of Scorpius Holdings, Inc., stated, “We are executing our plan to augment sales and drive revenue, as evidenced by the $4.8 million of revenue from continuing operations that we reported in the fourth quarter of 2023. This represents a 570% increase from the third quarter of 2023, and a 226% increase compared to revenue for the first nine months of the year. To date, Scorpius’s successful business development efforts have resulted...

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California BanCorp Reports Financial Results for the First Quarter Ended March 31, 2024

OAKLAND, Calif., April 29, 2024 (GLOBE NEWSWIRE) — California BanCorp (NASDAQ: CALB) (the “Company”), whose subsidiary is California Bank of Commerce, announced today its financial results for the first quarter ended March 31, 2024. The Company reported net income of $3.8 million for the first quarter of 2024, representing a decrease of $1.5 million, or 29%, compared to $5.3 million for the fourth quarter of 2023 and a decrease of $1.6 million, or 30%, compared to $5.4 million in the first quarter of 2023. Excluding the impact of merger related expenses pertaining to the pending transaction with Southern California Bancorp, the Company’s net income for the first quarter of 2024 was $4.8 million (See Interim Consolidated Non-GAAP Data).        Diluted earnings per share were $0.45 for the first quarter of 2024, compared to $0.63...

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