Day: May 10, 2024

SOLANA BEACH, Calif., May 10, 2024 (GLOBE NEWSWIRE) — Artelo Biosciences, Inc. (Nasdaq: ARTL), a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, dermatologic and neurological conditions, today announced that it will be participating in the 2024 Pharma Partnering Summit being held May 14th – 15th in San Diego, California. Gregory D. Gorgas, President and Chief Executive Officer of Artelo, is scheduled to present on Tuesday, May 14, 2024, at 3:45 p.m. ET / 12:45 p.m. PT. Management will also be hosting meetings with potential partners throughout the summit. The Pharma Partnering Summit 2024 is an exclusive and one of the most prestigious life sciences deal making international conferences. The platform brings together senior executives...

NEWTOWN, Pa., May 10, 2024 (GLOBE NEWSWIRE) — Helius Medical Technologies, Inc. (NASDAQ: HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced that the Company will release its first quarter 2024 financial results on Monday, May 13, 2024, after the market closes. Dane C. Andreeff, President and Chief Executive Officer, and Jeffrey S. Mathiesen, Chief Financial Officer will host a conference call to discuss the results and provide an expanded business update regarding Helius’ progress and plans surrounding the U.S. commercialization of PoNS® as follows:Date:   Monday, May 13, 2024Time:   4:30 p.m. Eastern TimeRegister (Audio only):   Click HereWebcast:   Click Here     The webcast will be archived...

PITTSBURGH, May 10, 2024 (GLOBE NEWSWIRE) — L.B. Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets, today announced its Board of Directors has been recognized as the “Public Company Board of the Year” by the National Association of Corporate Directors (NACD) Three Rivers Chapter. The annual Director of the Year Awards for the Three Rivers Chapter, which covers the Pittsburgh, PA, Buffalo, NY, and Cleveland and Cincinnati, OH, areas, honors company boards and directors in the public, private, and non-profit sectors for their achievements. Raymond T. Betler, Chairman of the L.B. Foster Board, commented, “I joined the board at a time of necessary change in 2020. We moved forward with a small, collaborative team consisting of Board of Directors members...

LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months ended March 31, 2024. Highlights of the First quarter Ended March 31, 2024:Total vessel revenues: $7.0 million, as compared to $31.2 million for the three months ended March 31, 2023, or a 77.6% decrease; Net income: $22.1 million, as compared to $22.0 million for the three months ended March 31, 2023, or a 0.5% increase; Earnings per common share, basic: $1.11 per share, as compared to $2.29 per share for the three months ended March 31, 2023; EBITDA(1): $21.4 million, as compared to $24.1 million for the three months ended March 31, 2023; Cash and restricted cash of $186.4 million as of March 31, 2024, as compared to...

ROUYN-NORANDA, Quebec, May 10, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) has reported additional significant Li2O intersections on Globex’s Lac Escale (Mirage Project) royalty claims in the Eeyou Istchee – James Bay Region of Quebec. Intersections of up to 1.55% Li2O over 93.45 m and 1.05% Li2O over 34.05 m were encountered. Central Zone of the Lac Escale (Mirage Project) Royalty Claims.Table 1: Highlights from 2024 Winter Drilling Program Reported in Brunswick Press Release.Hole ID Zone Dyke From (m) To...

SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), a data and technology-driven company that specializes in creating enterprise intelligent labor matching services and smart cleaning solutions, is pleased to announce its entry into the Cambodian hospitality and hotel industry. This expansion, which follows on the Company’s recent entry into Vietnam and Malaysia, is expected to help YY Group gain market share in Cambodia. The Company estimates that the Cambodian hotel industry has the potential for over $106 million in revenue by 2024. “We are excited to support the thriving hotel industry in Cambodia,” said Mike Fu, Founder and Chief Executive Officer of YY Group. “This expansion builds upon our established relationships with major hotels in other regions,...

Former Google, PayPal, and Visa executive, Liru Chan, appointed Group Head of Marketing Former ShopBack, Honestbee, and Schneider Electric executive, Francois Picard, appointed Group Head of Operations SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced two key additions to its senior corporate team. With effect from 6 May 2024, Liru Chan has been named the Company’s new Group Head of Marketing, and Francois Picard has been named MoneyHero’s new Group Head of Operations. Both executives will be based at the Company’s headquarters in Singapore. “On behalf of everyone at MoneyHero, I want to welcome Liru and Francois to the Company,” said Rohith...

LOS ANGELES, May 10, 2024 (GLOBE NEWSWIRE) — MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the closing of the previously announced underwritten secondary public offering of 7,590,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the “Selling Stockholders”) at an offering price of $19.00 per share (before discounts and commissions), which included 990,000 shares of Class A common stock sold pursuant to the option granted by the Selling Stockholders to the underwriters. MediaAlpha did not sell any shares of Class A common stock in and did not receive any proceeds from the offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint bookrunners and representatives for the offering. BofA Securities, Canaccord...

OLD GREENWICH, Conn., May 10, 2024 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today financial results for the first quarter ended March 31, 2024. 2024 First Quarter SummaryRevenue of $33.9 million decreased 21.3% from the first quarter of 2023 and 20.1% in constant currency. Adjusted net revenue of $16.3 million decreased 25.0% from the first quarter of 2023 and 24.6% in constant currency. Net loss was $2.9 million, or $0.95 per diluted share, compared to net income of $0.4 million, or $0.11 per diluted share, for the first quarter of 2023. Adjusted net loss per diluted share (non-GAAP measure)* was $0.72 compared to adjusted net income per diluted share of $0.22 in the first quarter of 2023. Adjusted...