Day: June 13, 2024

Gain Therapeutics Announces Proposed Public Offering

BETHESDA, Md., June 13, 2024 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (“Gain” or the “Company”) (Nasdaq: GANX) today announced that it is proposing to offer and sell, subject to market conditions, shares of its common stock (or pre-funded warrants in lieu thereof) in an underwritten public offering. Gain expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock and pre-funded warrants offered in the offering. All of the securities are being offered by the Company. Gain intends to use the net proceeds from the offering to continue clinical and nonclinical development of its lead product candidate GT-02287 for the treatment of neurodegenerative diseases including GBA1 Parkinson’s disease and for general corporate purposes. The final terms of the offering will depend on market...

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Dyne Therapeutics Presents New Preclinical Data for its Facioscapulohumeral Muscular Dystrophy Program During the FSHD Society International Research Congress

– Leveraging the FORCE™ Platform, DYNE-302 Achieved Robust and Durable DUX4 Suppression and Functional Benefit in FSHD Preclinical Models – WALTHAM, Mass., June 13, 2024 (GLOBE NEWSWIRE) — Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases, today highlighted new preclinical data for DYNE-302, its product candidate for facioscapulohumeral muscular dystrophy (FSHD), that demonstrated robust and durable DUX4 suppression and functional benefit. The data were presented during the 31st Annual FSHD Society International Research Congress, being held June 13-14, 2024, in Denver, Colorado. “These encouraging data demonstrate that DYNE-302 exhibited prolonged activity in preclinical...

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Marble Slab Creamery Scoops up Summer Swirl Ice Cream Just in Time for Ice Cream Season

Blue Cotton Candy, Very Yellow Marshmallow and Strawberry Ice Cream Swirl Together for Sunshine in a Cup or Cone! LOS ANGELES, June 13, 2024 (GLOBE NEWSWIRE) — Marble Slab Creamery, FAT Brands’ small-batch ice cream franchise that never fails to dream up the ultimate flavor combinations, today announces its new perfect summer ice cream combination, Summer Swirl! The swirling, whirling ice cream dream is available now through August 11 at participating locations and is made with equal amounts of Blue Cotton Candy, Very Yellow Marshmallow, and Strawberry – for the perfect balance of fruity, sweet, and creamy. “This flavor perfectly encapsulates summer and plays to what our youngest fans love—a swirly, colorful and tasty combination,” said Katie Thoms, Senior Director of Marketing at Marble Slab Creamery. “Imagination has no...

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Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2024

EXTON, Pa., June 13, 2024 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2024, to shareholders of record on June 26, 2024.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may...

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Shoals Technologies Group, Inc. to Host 2024 Inaugural Investor Day

PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT. Brandon Moss, Chief Executive Officer and Dominic Bardos, Chief Financial Officer, along with other members of the senior leadership team, will provide an in-depth overview of the Company’s strategy, including key growth opportunities and financial objectives. The formal presentations will be followed by a Q&A session with the Shoals’ senior leadership team, and the webcast portion of the event will conclude at approximately 12:00 p.m. CT. In-person attendees are invited to join management...

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Host Hotels & Resorts Announces Second Quarter Dividend

BETHESDA, Md., June 13, 2024 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share. The dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024. ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 42,700 rooms. The Company also holds non-controlling interests in seven domestic and one international joint ventures. SOURAV GHOSHChief...

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Enzo Biochem Reports Third Quarter Fiscal 2024 Results and Provides Business Update

FARMINGDALE, N.Y., June 13, 2024 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE: ENZ) (“Enzo” or the “Company”) today announced financial results for the fiscal third quarter ended April 30, 2024. Third Quarter Highlights The Company’s Life Science division’s third-quarter revenue of $8.0 million improved year-over-year by 7%, marking four consecutive quarters of revenue growth compared to the prior year quarterly periods. Revenue for the nine months ended April 30, 2024 of $24.4 million improved 10% compared to the same year-to-date period in the prior year. Focus on the Company’s drug development tools segment is a key driver of the year-to-date growth. The Life Science division’s third-quarter gross margin was 47%, which improved by 700 basis points year-over-year from 40%. The nine-month YTD margin was 47%,...

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Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2024

FAIRPORT, N.Y., June 13, 2024 (GLOBE NEWSWIRE) — Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2024. Executive Summary (vs. year-ago, year-to-date results): Net sales for the twelve months ended March 31, 2024 totaled $1,458.6 million compared to $1,509.4 million for the twelve months ended March 31, 2023. The year-over-year decrease of $50.8 million was mainly due to lower sales volumes partially offset by higher selling prices. Gross margin as a percentage of net sales for the twelve months ended March 31, 2024 is 12.9% as compared to 6.9% for the twelve months ended March 31, 2023. “Fiscal year 2024 represented another strong year, coming in as our historically third best on an operating basis,” stated Paul Palmby, President and Chief...

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The Simply Good Foods Company Completes Acquisition of Only What You Need (OWYN)

DENVER, June 13, 2024 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced it has completed the acquisition of Only What You Need (“OWYN”), a leading plant-based ready-to-drink (“RTD”) protein shake brand, which was previously announced on April 29, 2024. OWYN is the fastest growing1 RTD protein shake brand in the market and enhances Simply Good Foods’ portfolio with further diversification and provides the Company with a greater presence within the RTD protein shake portion of the nutritious snacking category. The addition of OWYN builds on Simply Good Foods’ leadership position within the nutritional snacking category. “The acquisition of OWYN represents a significant strategic...

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Freehold Royalties Declares Dividend for June 2024

CALGARY, Alberta, June 13, 2024 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2024 to shareholders of record on June 28, 2024. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact     Freehold Royalties Ltd.     Rob King   Nick Thomson, CFA Chief Operating Officer   Investor Relations & Capital Markets t. 403.384.0797   t. 403.221.0874 e. rking@freeholdroyalties.com   e. nthomson@freeholdroyalties.com w. www.freeholdroyalties.com   w. www.freeholdro...

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