Day: May 6, 2024

Empowering Shareholders: AGBA’s US$4b Merger with Triller Ushers in New Era of Value Creation

Written by Customer Service on May 6, 2024. Posted in Mergers And Acquisitions.

LOS ANGELES, May 06, 2024 (GLOBE NEWSWIRE) — NASDAQ-listed, AGBA Group Holding Limited (“AGBA” or the “Company” or the “Group”), the leading one-stop financial supermarket in Hong Kong reaffirms its unwavering dedication to creating shareholder value through a collaborative team effort and strategic initiatives. Since going public via a SPAC in November 2023, AGBA’s team of over 1,500+ employees has worked tirelessly everyday in delivering steady growth persistently quarter after quarter maintaining our market leadership. At the same time, we work constantly testing and creating partnership and acquisition opportunities that would provide important long-term strategic advantages. The $4 billion merger of AGBA and Triller announced on April 18, is a direct result of such team efforts. AGBA’s shares have traded well. As...

Pacific Software Inc. Announces a Landmark Asset Acquisition from Dreamaderm Inc.

Written by Customer Service on May 6, 2024. Posted in Mergers And Acquisitions.

Pacific Software Inc. (OTC: PFSF) on February 26th announced the acquisition of certain business assets of Dreamaderm Inc., a pioneer in dermatological innovation. DANA POINT, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Pacific Software Inc. (“PFSF”) acquired certain assets of Dreamaderm Inc. (“Dreamaderm”) through a Plan of Acquisition, dated January 24, 2024. PFSF will now be the exclusive holder of a patented, first-in-class cosmeceutical asset, branded as Dermatrix. This groundbreaking technology boosts natural collagen production through a novel mechanism of action: preserving insulin within the skin. PFSF believes that Dermatrix will have broad utility for numerous dermatological applications, ranging from cosmetic treatments to acute and chronic wound care, and advanced medical aesthetics procedures. Dermatrix prevents...

Lincoln Educational Services Reports Continued Growth During First Quarter 2024, with 15% Student Starts and 20% Revenue Growth; Increasing Financial Guidance for Full Year 2024

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

Conference Call Today at 10 a.m. ET PARSIPPANY, N.J., May 06, 2024 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the first quarter ended March 31, 2024, as well as recent business developments. First Quarter 2024 Financial Highlights*Revenue grew 19.7% to $103.4 million Adjusted EBITDA tripled to $6.5 million Student starts increased 15.3% Ended quarter with 1,388 additional students, a 11.2% increase in population Total liquidity of over $109 million; no debt outstanding Increasing guidance for full year Revenue, Adjusted EBITDA and Adjusted Net IncomeRecent DevelopmentsClasses commenced at our newest campus in East Point, Georgia Entered into a 5-year agreement with Container Maintenance Corporation (“CMC”), (Marine Repair Services),...

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

LONDON, May 06, 2024 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (“Arqit”), a leader in quantum safe encryption, announced it will report financial results for the six months ending March 31, 2024 on Monday, May 20, 2024. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on May 20, 2024 with the Company’s Founder, Chairman and CEO, David Williams, and CFO, Nick Pointon. A live webcast of the call will be available on the “News & Events” page of the Company’s website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a...

Krystal Biotech Announces First Quarter 2024 Financial Results and Provides Business Updates

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

Net product revenue of $45.3 million in 1Q and $95.9 million since AugustFirst patient dosed in inhaled KB707 study for locally advanced or metastatic tumors of the lungReceived Fast Track Designations for both inhaled and intratumoral KB707Strong balance sheet with $622.3 million in cash and investments PITTSBURGH, May 06, 2024 (GLOBE NEWSWIRE) — Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS), a commercial-stage biotechnology company, today reported financial results and key business updates for the first quarter ending March 31, 2024. “With strong uptake of VYJUVEK and accelerating enrollment across our growing clinical pipeline, we made great progress this quarter on our mission to deliver transformational genetic medicines to patients with rare and serious diseases,” said Krish S. Krishnan, Chairman and CEO of Krystal...

Lyell Immunopharma Reports Business Highlights and Financial Results for the First Quarter 2024

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

Expect to share initial clinical and translational data from the Phase 1 trial of LYL797, a ROR1-targeted CAR T‑cell product candidate, this quarter On track to report initial clinical data from the Phase 1 trial of LYL845, an epigenetically enhanced TIL product candidate, in the second half of 2024 IND for second generation ROR1-targeted CAR T-cell product candidate on track for submission this quarter Cash, cash equivalents and marketable securities of $526.3 million as of March 31, 2024 supports advancing diverse pipeline through multiple clinical milestones into 2027SOUTH SAN FRANCISCO, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Lyell Immunopharma, Inc. (Nasdaq: LYEL), a clinical‑stage T-cell reprogramming company advancing a diverse pipeline of cell therapies for patients with solid tumors today reported financial results...

The Children’s Place Reports Fourth Quarter and Full Year 2023 Results

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

SECAUCUS, N.J., May 06, 2024 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the fourth quarter and fiscal year ended February 3, 2024. Fourth Quarter 2023 ResultsNet sales decreased $1.1 million, or 0.2%, to $455.0 million in the three months ended February 3, 2024, from $456.1 million in the three months ended January 28, 2023. The decrease in net sales compared to the fourth quarter 2022 was primarily due to reductions in retail sales due to lower store count and traffic declines to stores partially offset by continued strength in e-commerce. Comparable retail sales increased 4.8% for the quarter. Gross profit and adjusted gross profit increased by $19.2 million to $98.9...

Nayax to Exhibit its Leading Payment and Vending Management Technology at The NAMA Show 2024

Written by Customer Service on May 6, 2024. Posted in Public Companies.

Nayax helps businesses leverage technology for operational excellence. Visit Nayax at Booth 1542 at The NAMA Show on May 7-9 in Dallas, TX HERZLIYA, Israel, May 06, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, today announced its participation at The NAMA Show 2024, a conference for vending and convenience service industry professionals. The conference will take place from May 7-9 in Dallas, TX and is organized by the National Automatic Merchandising Association (NAMA). Nayax’s senior leadership team will be present at The NAMA Show, including Yair Nechmad, Chairman, CEO and Co-Founder; David Ben Avi, Chief Technology Officer and Co-Founder; and Carly Furman, CEO of Nayax LLC, the Hunt Valley, MD-based U.S....

Odysight.ai Announces Appointment of Einav Brenner as Chief Financial Officer

Written by Customer Service on May 6, 2024. Posted in Public Companies.

OMER, Israel, May 06, 2024 (GLOBE NEWSWIRE) — Odysight.ai Inc. (OTCQB: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announced the appointment of Ms. Einav Brenner as the Company’s new Chief Financial Officer. Ms. Brenner is a seasoned financial executive with more than 15 years of experience in multinational high-tech and pharmaceutical industries. Prior to joining Odysight.ai, Ms. Brenner served as the VP Finance of Solato Ltd, a fast-growing food tech company. In her role, Ms. Brenner supported the establishment of global company activities, including strategic decision making and significant commercial agreements, building financial and operational teams and infrastructure, and handling fund raising and investor relations. Ms. Brenner also served as an...

Alarum to Release First Quarter 2024 Earnings on May 21, 2024

Written by Customer Service on May 6, 2024. Posted in Public Companies.

The Company Will Host a Conference Call on Tuesday, May 21, 2024 at 08:30 a.m. Eastern Time Tel Aviv, Israel, May 06, 2024 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, will release its financial results for the first quarter of 2024, on Tuesday, May 21, 2024, before the Nasdaq market opens. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on May 21, 2024, at 08:30 a.m. Eastern Time, to discuss the financial results, followed by a Q&A session. To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your call five minutes before the conference call commences. If you are unable to connect...

Day: May 6, 2024

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