Day: May 8, 2024
COMP360 phase 3 pivotal program in treatment-resistant depression (TRD) on track for top-line COMP005 trial data in fourth quarter 2024, COMP006 trial top-line data expected mid-2025
Compass announces positive phase 2 COMP360 data in post-traumatic stress disorder (PTSD)
Michael Gold to join Compass as Head of R&D
Compass enters into additional commercial collaborations, including with Reliant Medical Group, part of Optum Care
Cash position of $262.9 million at March 31, 2024
Conference call May 8 at 8:00 am ET (1:00 pm UK)LONDON, May 08, 2024 (GLOBE NEWSWIRE) — Compass Pathways plc (Nasdaq: CMPS) (“Compass”), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today reported its financial results for the first quarter 2024 and provided an update on recent business...
Compass Pathways announces durable improvement in symptoms through 12 weeks in open-label phase 2 study of COMP360 psilocybin in post-traumatic stress disorder
Written by Customer Service on . Posted in Public Companies.
Study met primary safety endpoint; administration was well tolerated, with no serious adverse events observed
Early and clinically meaningful improvement from baseline in mean CAPS-5 total score (29.5 point reduction at week 12), with change from baseline in mean SDS total score (14.4 point reduction at week 12)
81.8% response (reduction of ≥ 15 points in CAPS-5 score), 63.6% remission (total CAPS-5 ≤ 20) rates at week 4 with 77.3% response and 54.5% remission at week 12
Measures of symptom scores relative to baseline improved following a single 25mg dose administered with psychological support (n=22)LONDON, May 08, 2024 (GLOBE NEWSWIRE) — Compass Pathways plc (Nasdaq: CMPS) (“Compass”), a biotechnology company dedicated to accelerating access to evidence-based innovation in mental health, today announced top-line results...
Form 8.3 – Tyman plc
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Jupiter Fund Management Plc(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of Offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
Tyman plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date dealing undertaken: For an opening position disclosure, state...
Vow ASA: Vow receives payment for Early Production Line at VGM’s Hønefoss plant
Written by Customer Service on . Posted in Public Companies.
Vow ASA (OSE: VOW) is pleased to note that its customer Vow Green Metals (VGM) today confirmed that it has secured lease financing with SpareBank 1 SR-Bank (SR-Bank) for its Early Production Line at Hønefoss.
With the leasing arrangement confirmed, Vow will receive payment for its deliveries to the Early Production Line, and free up in excess of NOK 40 million in cash in the second quarter this year. Working capital will be reduced with a similar amount.
As previously informed, the Early Production Line has the capacity to produce 2,500 tonnes of biocarbon per year. First biocarbon was produced in November 2023, and the plant is currently in the process of ramping up production.For more information, please contact:
Henrik Badin, CEO, Vow ASATel: +47 90 78 98 25Email: henrik.badin@vowasa.com
Tina Tønnessen, CFO, Vow ASATel: +47 406 39...
Taboola Q1 2024 Results Beat High End of Guidance; Reiterates 2024 Guidance and Expects Accelerating Growth Across All Key Metrics
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Q1 2024 and FY 2024 Key HighlightsQ1 Financials – beat high end of guidance across all key metricsQ1 2024 Revenues $414M, Gross profit $109M, ex-TAC Gross Profit $139M, Net loss $26M, Non-GAAP Net Income $4M, Adj. EBITDA $23M, Free Cash Flow $27M
Accelerating YoY growth: Revenues +26%, ex-TAC +20%, Adj. EBITDA +132%, FCF +140%2024 Guidance – expecting strong Q2 and FY 2024 YoY growth across all metricsQ2 guidance: $425M in Revenues (+28% YoY), $115M Gross profit (+18% YoY), $145M ex-TAC Gross Profit (+18% YoY), $25M+ Adj. EBITDA (+60% YoY)*
2024 accelerating growth: ~$2B in Revenues (+33% YoY), ~$545M Gross profit (+28% YoY), ~$670M ex-TAC Gross Profit (+24% YoY), $200M+ Adj. EBITDA (2x+ YoY), $100M+ FCF (~2x YoY)*
Reiterating 2024 Adj. EBITDA $200M+ (30% margin) and $100M+...
Ingredion Completes Reorganization, Reports First Quarter Earnings Under New Segments and Raises Guidance
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectively
Completed sale of South Korea business, another step in reshaping the portfolio and redeploying assets
Raising guidance for full-year reported EPS to be in the range of $10.35 to $11.00 and adjusted EPS to be in the range of $9.20 to $9.85
For the second quarter 2024, the Company expects operating income to be up low to mid-single-digitsWESTCHESTER, Ill., May 08, 2024 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported results for the first quarter of 2024. The results, reported in accordance with U.S. generally accepted accounting principles (“GAAP”) for the first quarter of 2024 and 2023,...
Millicom (Tigo) Q1 2024 Earnings Release
Written by Customer Service on . Posted in Public Companies.
Millicom (Tigo) Q1 2024 Earnings Release
Luxembourg, May 8, 2024 – Millicom is pleased to announce its first quarter 2024 results. Please find below links to the Q1 2024 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements.
Highlights*Revenue grew 8.6% driven by Service revenue up 8.8%, due to stronger currencies and organic growth of 3.8%, up from 3.2% in Q4 attributable to large B2B contracts in Panama and a return to positive growth in Guatemala.
Operating profit increased 70.6%, reflecting the revenue increase and a 3.4% decline in operating expenses, while EBITDA grew 24.5% (20.0% organically) despite $30 million of restructuring costs incurred in the period.
Colombia EBITDA rose 50.3% (24.2% organically) with a record EBITDA margin of 36.5% despite an $18 million restructuring charge. Excluding this...
Topicus.com announces additional external part-time positions assumed by Robin van Poelje
Written by Customer Service on . Posted in Public Companies.
TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Topicus.com Inc. (TSXV: TOI) today announced that Robin van Poelje has assumed the role of Chairman & CEO of Your.World on a part-time basis, to be made effective as of today, which role will be in addition to his current role as Chairman & CEO of Topicus.com.
Your.World is a privately owned holding company for European online services companies with its head office located in Amsterdam, The Netherlands. Your.World is primarily composed of two operating companies, Your.Online (formerly known as Total Webhosting Solutions), and Total Specific Hosting. Mr. van Poelje has been serving in the role of Chairman of the board for both of these operating companies since their inception.
Mr. van Poelje commented, “I would like to let Topicus shareholders know that my commitment to the success...
Turmalina Continues to Expand Mineralization in Epithermal vein Camp, Mobilizes Equipment
Written by Customer Service on . Posted in Public Companies.
Figure 1:Regional view to the east showing the block of properties controlled by Turmalina Metals with the main targets already drilled and drill targets for next campaign (red stars).Figure 2:San Francisco project mining rights and the main prospects. Red stars show the targets to be drilled in the next campaign.Figure 3:Location of Veta Rica and other targets discussed in this press release: exploration over the past 12 months has discovered a large number of epithermal veins around the initial Veta Rica discovery.VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX, 3RI-FSE) is pleased to provide an update on ongoing surface work at the Company’s 403 km2 San Francisco project located in the prolific mining province...
AirNet Announces Receipt of Nasdaq’s Determination to Grant Extension to Regain Compliance
Written by Customer Service on . Posted in Public Companies.
BEIJING, May 08, 2024 (GLOBE NEWSWIRE) — AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter dated April 29, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that Nasdaq has determined to grant the Company an extension to regain compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing (the “Rule”).
As previously reported, on January 5, 2024, the Company received written notice from Nasdaq notifying the Company that, based on the Company’s stockholders’ equity as reported in the Company’s Form 6-K dated December 28, 2023, the Company did not meet the minimum stockholders’ equity requirement for continued listing due to its failure to maintain a minimum...