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Month: May 2024

Power of Recursion OS on Display at Genome Scale in Nature Genetics Paper Detailing Potential Limitation of CRISPR Gene Editing Tool

Published open-access today in Nature Genetics, “High-resolution genome-wide mapping of chromosome-arm-scale truncations induced by CRISPR–Cas9 editing” identifies novel evidence of a proximity bias in CRISPR-Cas9 gene knockouts and a debiasing (correcting) algorithm. SALT LAKE CITY, May 29, 2024 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today published in Nature Genetics scientific findings that highlights a potential limitation of CRISPR-Cas9 in gene editing – a key component in understanding disease mechanisms, and developing new therapeutic approaches. This proximity bias, discoverable through Recursion’s proprietary biological dataset, could have many downstream impacts on the community’s ability to make meaningful progress...

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Toll Brothers Honored at the Best in Pennsylvania Living Awards

Company wins awards including Townhome Community of the Year for Overlook at Town Center and Single-Family Home Community of the Year for Stonebrook at Upper Merion – Heritage Collection FT. WASHINGTON, Pa., May 29, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the Company’s Pennsylvania Division was honored with multiple awards at the 2024 Best in Pennsylvania Living Awards, recently held at The Alloy Hotel in King of Prussia, Pennsylvania. Presented by the Home Builder’s Association of Bucks and Montgomery Counties and Home Builder’s Association of Chester and Delaware Counties, the Best in Pennsylvania Living Awards is a best-in-class competition recognizing excellence for home building, design, and associate services. The Toll Brothers Pennsylvania Division...

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Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2024

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the three months ended March 31, 2024. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR+ profile at www.sedarplus.ca. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and...

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HII Breaks Ground for 22nd Habitat for Humanity Home Sponsored by Newport News Shipbuilding

NEWPORT NEWS, Va., May 29, 2024 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Newport News Shipbuilding division joined elected officials and community leaders today at a groundbreaking ceremony for the 22nd Habitat for Humanity home sponsored by the shipyard since 2002. The groundbreaking marks the start of construction on the home, which shipyard volunteers are joining forces with Habitat for Humanity Peninsula and Greater Williamsburg to build. In keeping with shipbuilding heritage, NNS designates a “sponsor” for each home. David Horne, vice president of trades, is the sponsor for the 22nd home. “Construction is a science and an art, whether you’re building a ship or a house,” Horne said. “The tools and materials may be a little different, but the builders’ dedication and pride is the same. Our shipbuilders are proud to support our Navy...

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Subsea7 awarded ‘super-major’ contract offshore Brazil

Luxembourg – 29 May 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a super-major1 contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located approximately 180 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. Project management and engineering will commence immediately at Subsea7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Ubu in the state of Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and...

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Sotherly Hotels Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

WILLIAMSBURG, Va., May 29, 2024 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that it has received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the “Form 10-Q”) in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2024, the Company’s Form 10-Q cannot be filed within the prescribed time period without unreasonable effort or expense as a result of ongoing...

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CN Launches New Firefighting Trains to Help Protect Supply Chain

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced the addition of two new firefighting trains along with two additional railcars to its fire mitigation and suppression fleet. With wildfires underway across Canada, this specialized fleet, the Trident and the Neptune trains will join CN’s existing firefighting train, Poseidon. Together, these three trains will provide support in combatting wildfires along CN’s right-of-way, bringing a significant amount of water and fire suppression capacity to isolated areas, helping to ensure the fluidity, safety and security of goods on CN’s network and surrounding communities. As extreme weather events increase in frequency and duration, CN recognizes the critical importance of taking proactive measures to safeguard its role in powering the economy, supporting...

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Ascot Closes First Tranche of Flow Through Private Placement

VANCOUVER, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that, further to the Company’s news release dated May 7, 2024, the Company has closed the first of two tranches (the “First Tranche”) of the C$5.0 million non-brokered flow through private placement (the “Offering”), the proceeds of which will be used to fund the 2024 exploration program at the Company’s Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The Offering consists of 6,024,096 common shares of the Company, which qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “FT Shares”), at a price of C$0.83 per FT Share. Under...

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RYTHM Premium Cannabis Brings Back The Miracle in Mundelein Two-Day Festival with Legal On-site Cannabis Consumption

Wiz Khalifa, Slightly Stoopid, Rebelution and more are scheduled to headline the two-day event Pre-sale ticket registration now open at www.themiracleconcert.com Pre-sale for previous buyers and waitlist subscribers begins on Thursday, May 30 at 12:00 pm CST and general sale begins on Friday, May 31 at 12:00 pm CST The event is strictly for individuals aged 21 and above, with cannabis purchase available in-store at RISE Dispensary Mundelein and consumption permitted on the festival groundsCHICAGO and VANCOUVER, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a national cannabis company and owner of RISE Dispensaries and RYTHM Premium Cannabis, today announced the return of The Miracle in Mundelein, a two-day immersive event that merges...

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InnovAge Celebrates Grand Opening of Orlando’s First PACE Center in Partnership with Orlando Health

PACE Program Provides Highly Coordinated, Personalized Senior Care ORLANDO, Fla., May 29, 2024 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), announced the grand opening of its new center in Orlando, Florida, located at 8410 South Orange Blossom Trail. The new InnovAge center is a joint venture with Orlando Health, a healthcare system broadly recognized for its exemplary care programs, services and extensive community outreach and support. Orlando Health has partnered with InnovAge to help magnify the impact and extend the reach of PACE services for eligible seniors so they may live independently for as long as safely possible. InnovAge’s...

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