Day: June 27, 2024

“LEQEMBI®” (Lecanemab) for the Treatment of Alzheimer’s Disease Launched in China

“LEQEMBI®” (Lecanemab) for the Treatment of Alzheimer’s Disease Launched in China

China is the Third Country to Launch LEQEMBI Following the United States and Japan TOKYO and CAMBRIDGE, Mass., June 27, 2024 (GLOBE NEWSWIRE) — Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) and Biogen Inc. (Nasdaq: BIIB, Corporate headquarters: Cambridge, Massachusetts, CEO: Christopher A. Viehbacher, “Biogen”) announced today that the humanized anti-soluble aggregated amyloid-beta (Aβ) monoclonal antibody “LEQEMBI®” (brand name in China: “乐意保®”, generic name: lecanemab) has been launched in China. LEQEMBI received approval in January 2024 as a treatment of mild cognitive impairment (MCI) due to Alzheimer’s disease (AD) and mild AD dementia. China is the third country to launch LEQEMBI following the United States and Japan. LEQEMBI selectively binds to soluble Aβ aggregates (protofibrils*), as well as insoluble...

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Northfield Capital Announces 2024 AGM Results

Northfield Capital Announces 2024 AGM Results

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (the “Company”) is pleased to announce the results of voting at its annual and special meeting of holders of Class A restricted voting shares (the “Class A Subordinate Voting Shares”) and Class B multiple voting shares (the “Class B Multiple Voting Shares”, and together with the Class A Subordinate Voting Shares, the “Shares”) which was held today (the “Meeting”). All matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular (the “Circular”), both dated May 21, 2024, were approved by the requisite majority of votes cast at the Meeting. Election of Directors Each of the incumbent members of the board of directors (the “Board”), being Maryke Ballard, Robert Cudney, John McBride, Thomas...

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Renalytix Submits Hearing Request to Nasdaq Hearings Panel in Regard to Staff Delisting Determination

Renalytix Submits Hearing Request to Nasdaq Hearings Panel in Regard to Staff Delisting Determination

Throughout the hearings process and pending the Panel’s decision, the Company’s ADSs will continue trading on The Nasdaq Global Market under the symbol “RNLX” LONDON and NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) — Renalytix plc (Nasdaq: RNLX) (LSE: RENX) announces that it has formally submitted a hearing request to the Nasdaq Hearings Panel (the “Panel”), which request has now stayed the suspension of the Company’s securities pending the Panel’s decision as described below. Throughout the hearings process, pending the Panel’s decision, the Company’s American Depositary Shares (“ADSs”) will continue trading on The Nasdaq Global Market under the symbol “RNLX.” At the Panel hearing, the Company intends to present a strategic plan to regain compliance with the applicable Nasdaq listing requirements. However, there can be...

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Oxford Lane Capital Corp. Prices Public Offering of $100,000,000 8.75% Notes Due 2030

Oxford Lane Capital Corp. Prices Public Offering of $100,000,000 8.75% Notes Due 2030

GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced that it has priced an underwritten public offering of $100,000,000 in aggregate principal amount of 8.75% unsecured notes due 2030. The notes will mature on June 30, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after June 30, 2028. The notes will bear interest at a rate of 8.75% per year payable quarterly on March 31, June 30, September 30, and December 31 of each year, commencing September 30, 2024. The offering is expected to close on July 8, 2024, subject to customary closing conditions. The Company has granted the underwriters an option...

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Labrador Gold Shareholders Approve Sale of Kingsway Project

Labrador Gold Shareholders Approve Sale of Kingsway Project

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that, further to its press releases dated April 22, 2024 and May 23, 2024, Shareholders voting at the Annual General and Special Meeting of Shareholders (the “Meeting”) held on June 27, 2024 approved the sale of the Kingsway Project to New Found Gold Corp. (“NFG”) by a majority of 87.8%. Shareholders also overwhelmingly approved the re-election of the Board of Directors, the re-appointment of the Company’s auditors and the ratification of the 2023 Stock Option Plan. NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, (the “Transaction”) in exchange for $20,000,000 CAD (the “Purchase Price”) payable and satisfied...

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Innovation Drives O-I Sustainability Progress

Innovation Drives O-I Sustainability Progress

Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals Process innovations save more than 24,400 tons of glass and approximately13,120 tons of CO2 through lightweighting  More than 100 energy reduction projects eliminated over 34,950 tons of CO2 emissions  Climate strategy has driven a nearly 20 percent reduction in scope 1 & 2 emissions since 2017 base year   PERRYSBURG, OHIO, June 27, 2024 (GLOBE NEWSWIRE) —  O-I Glass, Inc. (“O-I Glass” or “O-I”) announced today the company has published its 2024 Sustainability Report Update, highlighting key progress toward its ambitious sustainability goals driven by innovation and transformation. “For O-I Glass, the road to sustainability is paved by innovation,” said Randy Burns, Chief Sustainability and Corporate Affairs...

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Amesite Announces Collaboration with Professional College Counselors to Offer Amesite Explorer Seminars

Amesite Announces Collaboration with Professional College Counselors to Offer Amesite Explorer Seminars

Company’s High-Touch, Bespoke High School Programs Enable Students to Access Top Faculty Directly DETROIT, June 27, 2024 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ:AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announced today the engagement of collaborators for its Amesite Explorer Seminars, which offer students direct mentorship by distinguished faculty from the nation’s top universities and colleges. The seminars are now being offered to clients of collaborating college counselors. Brian Bacon, Independent Education Consultant, said “Throughout my journey – academic advisor, business partner to colleges and universities, consultant and entrepreneur, I have learned the power of relationships. I am collaborating with Amesite Explorer Seminars...

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Enstar Agrees Adverse Development Cover Transaction with Insurance Australia Limited (“IAG”)

Enstar Agrees Adverse Development Cover Transaction with Insurance Australia Limited (“IAG”)

HAMILTON, Bermuda, June 27, 2024 (GLOBE NEWSWIRE) — Enstar Group Limited (NASDAQ: ESGR) has announced today that one of its wholly owned subsidiaries has signed an adverse development cover agreement with Insurance Australia Limited, on behalf of Insurance Australia Group (“IAG”). Under the terms of the agreement Enstar will provide approximately the equivalent of US$430 million (AU$650m) of excess cover over the equivalent of US$1.7 billion (AU$ 2.5bn) of underlying reserves related to certain long-tail insurance business. This transaction includes Product & Public Liability, Compulsory Third-Party Motor, Professional Risks and Workers’ Compensation for losses incurred on or prior to June 30, 2023. Completion of the transaction is subject to regulatory approval and satisfaction of various closing conditions. Dominic Silvester,...

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Kinross to announce Q2 results on July 31, 2024

Kinross to announce Q2 results on July 31, 2024

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July 31, 2024, after market close. On Thursday, August 1, 2024, at 8:00 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – 1 (888) 596-4144; Passcode: 5766018Outside of Canada & US – 1 (646) 968-2525; Passcode: 5766018 Replay (available up to 14 days after the call): Canada & US toll-free – 1 (800) 770-2030; Passcode: 5766018Outside of Canada & US – 1 (647) 362-9199; Passcode: 5766018 You may also access the conference call on a listen-only basis via webcast at our website www.kinross.com....

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AFC Gamma Announces Record Date and Special Dividend for Spin-Off of Commercial Real Estate Portfolio

AFC Gamma Announces Record Date and Special Dividend for Spin-Off of Commercial Real Estate Portfolio

Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024Distribution Date Expected to be July 9, 2024Board of Directors Declares $0.15 per Share Spin-Off Special Dividend WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that the previously announced spin-off of its commercial real estate portfolio is expected to be completed on July 9, 2024. The commercial real estate portfolio will spin-off into a new independent, publicly-traded REIT, Sunrise Realty Trust, Inc. (“SUNS”). Holders of AFC Gamma common stock as of the close of business on July 8, 2024 (the “Record Date”) will be entitled to receive one share of new SUNS common stock for every three shares of AFCG common stock held. The distribution is expected to occur prior to the opening of trading...

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