Month: June 2024

● GABAB PAM: Selection of drug candidates under Indivior collaboration expected by end of Q2 2024. Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland, June 6, 2024 – Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulators for neurological disorders, today reported its Q1 2024 financial results and provided a corporate update. “Building on the recent Neurosterix transaction, which extended our cash runway beyond 2026 and will accelerate the development of a portfolio of preclinical programs, we anticipate selection of drug candidates under the agreement with Indivior by the end of the second quarter of 2024,” said Tim Dyer CEO of Addex. “During the rest of 2024, we will focus on advancing our GABAB PAM drug candidate...

The sole shareholder of SIA Merks Mājas, part of AS Merko Ehitus group, decided to appoint Mr. Roberts Rēboks as a Member of the Management Board of the company, starting from 6 June 2024. Mr. Roberts Rēboks replaces in the Management Board of SIA Merks Mājas Mr. Mikus Freimanis, whose resignation we notified in 08 May 2024 stock exchange announcement. Thereafter the Management Board of SIA Merks Mājas will continue with two members: Mrs. Egija Smila and Mr. Roberts Rēboks. Egija Smila, the Country Head of the group’s Latvian subsidiaries said: “I am pleased to welcome Roberts as the new member of the board and CEO of Merks Mājas. We are incredibly grateful to our devoted employees who, through their outstanding performance, have contributed to the growth of Merko Ehitus group companies in Latvia. Roberts’s 14 years of...

            Press Release     Paris – June 6, 2024 – EUROAPI has received official notification from the European Commission that the Company has been selected as one of the 13 companies eligible to share up to EUR 1 billion in total public funding under the Important Project of Common European Interest (IPCEI) dedicated to the pharmaceutical sector, “IPCEI Med4Cure”. This IPCEI had been jointly notified by six Member States of the European Union, i.e. France, Belgium, Hungary, Italy, Slovakia and Spain as a means to strengthen the European health market and to ensure, in particular, sustainable, competitive and integrated production of active pharmaceutical ingredients that are essential for public health. Under this program, the six Member States are authorized by the Union to devote up to EUR 1 billion in public funds for all selected...

Winners to be announced at upcoming World Ocean Day Event on June 8, 2024Geneva, Switzerland – June 6, 2024: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT), alongside its subsidiary WISe.ART and in collaboration with Nous Les Ambitieuses! and Ylan Anoufa’s AnoufaBears, announce that the 50 global winners of the “Preserve Our Resources, Citizens, and Environment!” writing and drawing contest will be shared at the upcoming World Ocean Day Event. The event will take place on June 8, 2024, in Monaco, in the presence of H.S.H. Prince Albert II of Monaco. Carlos Moreira, CEO of WISeKey and WISe.ART, expressed his enthusiasm for the occasion, commenting, “WISeKey and WISe.ART are honored to contribute to World Ocean...

Technip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration ProjectTechnip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration ProjectTechnip Energies (PARIS:TE), in consortium with Turner Industries, has been awarded the Engineering, Procurement, and Construction (EPC) contract by ExxonMobil Low Carbon Solutions Onshore Storage LLC. Technip Energies will oversee the engineering and procurement while Turner Industries will be responsible for the construction. The contract covers ExxonMobil Low Carbon Solutions’ plans for the delivery of a Carbon Capture, Utilization & Storage (CCUS) system that could condition, compress, and transport, for eventual storage, up to 800,000 metric tons per year of CO2 from a manufacturing...

TEL AVIV, Israel, June 06, 2024 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a global leader in vision and light control solutions, announced today the pricing of its initial public offering of 4,411,765 of its ordinary shares at a public offering price of $17.00 per share for aggregate gross proceeds of $75 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted to the underwriters a 30-day option to purchase up to an additional 661,765 of its ordinary shares from Gauzy at the public offering price less underwriting discounts and other offering expenses. Gauzy’s ordinary shares are expected to begin trading on the Nasdaq Global Market under the symbol “GAUZ” on June 6, 2024. The offering is expected to close on or about June 7, 2024, subject...

Alinita UAB, a company belonging to Panevezio statybos trestas AB Group, engaged in installation and designing of indoor engineering systems, is facing financial difficulties and plans to start the restructuring process. The management of the company is optimistic about the business prospects and confident that it can resolve the temporary financial difficulties, however some extra time and assistance of creditors are required. ‘As a result of unanticipated challenges caused by the COVID-19 pandemic, increased operating costs, as well as supply chains disrupted by the war in Ukraine, the company faced financial difficulties. Together with rising raw material prices and operating costs, these factors condition the need to start the restructuring process’, says Vitalijus Malinauskis, Director of Alinita. The decision on initiation of the...

SINGAPORE, June 06, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for May 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “During May, we made solid progress on our key initiatives at Bitdeer. We successfully completed the initial trial production run of our Sealminer A1 ASICs and we will begin shipping samples to our data centers for testing. Concurrently, we continued to make progress on the development of our nearly 1.1 GWs of new power infrastructure across the U.S.A., Norway, and Bhutan, with the first 40 MWs of capacity in Norway slated to come online by the end of 2024. We plan to fill this new capacity as well as...

A Commitment to Sustainability and Community Engagement CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2023 Corporate Social Responsibility Report, a detailed report highlighting the company’s unwavering commitment to sustainability, environmental responsibility, and community engagement. This report provides invaluable insights into Covenant’s strategic initiatives to reduce environmental impact and promote social equity. The 2023 CSR Report is a testament to our ongoing dedication to creating a sustainable future. Readers will find:In-depth Information on Sustainability Initiatives: Learn about Covenant’s successful projects focused on emission reduction, fuel...

BRISBANE, Calif., June 05, 2024 (GLOBE NEWSWIRE) — Annexon, Inc. (Nasdaq: ANNX), a biopharmaceutical company advancing a late-stage clinical platform of novel therapies for people living with devastating classical complement-mediated neuroinflammatory diseases of the body, brain, and eye, today announced the pricing of its previously announced underwritten public offering of 13,001,120 shares of its common stock at a price to the public of $6.25 per share and, in lieu of common stock to certain investors, pre-funded warrants to purchase 7,000,000 shares of common stock at a purchase price of $6.249 per share, which equals the public offering price per share of the common stock less the $0.001 exercise price per share of each pre-funded warrant. The total gross proceeds to Annexon are expected to be $125.0 million, before deducting...