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Day: July 1, 2024

Mama’s Creations Joins the Russell 2000 and Russell 3000® Indexes

EAST RUTHERFORD, NJ, July 01, 2024 (GLOBE NEWSWIRE) — Mama’s Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that the Company’s common stock was added to the Russell 2000® and Russell 3000® Indexes after the market closed on June 28, 2024. “Our inclusion in the Russell 2000® and Russell 3000® Indexes represents another milestone achieved on our journey and a testament to the Company’s compelling and growing potential in the deli space, reflective of the shift in consumer preferences towards fresh prepared foods,” said Adam L. Michaels, Chairman and CEO of Mama’s Creations. “Together, we have made unparalleled progress in the last twelve months towards our shared vision to become a one-stop-shop deli solutions platform. To that end, I expect that the...

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Exela Announces Plans to Spinoff Its BPA Business to Maximize Shareholder Value

IRVING, Texas, July 01, 2024 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation leader, today announced that its Board of Directors (the “Board”) has authorized Exela to consider a spin-off of its wholly-owned subsidiary, Exela Technologies BPA, LLC, to Exela stockholders to maximize shareholder value. The potential spin-off, if completed, would likely be structured so that all Exela stockholders as of a record date in the third or fourth quarter of 2024, to be determined by the Board, would (i) receive their pro-rata share of a newly formed holding company owning Exela’s business process automation business (the “BPA Business”) and (ii) continue to own Exela, as currently constituted, including its greater than 70% ownership in Nasdaq-listed XBP Europe Holdings,...

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Orrstown Financial Services and Codorus Valley Bancorp Successfully Complete Merger of Equals

HARRISBURG, Pa., July 01, 2024 (GLOBE NEWSWIRE) — Orrstown Financial Services, Inc. (NASDAQ: ORRF), the holding company for Orrstown Bank (“Orrstown”), and Codorus Valley Bancorp, Inc. (NASDAQ: CVLY), the holding company for PeoplesBank, A Codorus Valley Company (“Codorus Valley”), today announced the successful completion of their previously announced merger of equals creating a premier Pennsylvania and Maryland community bank. “We are excited to move forward as one unified organization, leveraging our combined strengths to deliver even greater value to our clients, shareholders, community partners, and employees,” said Thomas R. Quinn, Jr., Orrstown’s President and Chief Executive Officer. “This merger represents a significant milestone in our shared journey towards building a stronger, more resilient...

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Metaverse Market Size: Set to Reach USD 803.29 Billion by 2031| SkyQuest Technology

Westford, July 01, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global metaverse market will attain a value of USD 803.29 billion by 2031, with a CAGR of 39.68% during the forecast period (2024-2031). The metaverse market is being heavily promoted and accelerated since the demand is growing higher in both entertainment and gaming industries. The technology in this market provides the fastest growth rate because of its steady and rapid advancement in the AR, VR, and MR technologies. These gadgets can simulate first-person view, act as natural user extension and acquisition capabilities and provide the freedom to mimic the virtual world and put the experience of game users to a higher level – real world.  Download a detailed overview:https://www.skyquestt.com/sample-request/metaverse-market Browse in-depth TOC on “Metaverse...

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Invesco Ltd: Form 8.3 – Quanex Building Products Corportation

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Quanex Building Products Corporation  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable...

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Perma-Fix Environmental Services Added to Membership of Russell 3000 Index

ATLANTA, July 01, 2024 (GLOBE NEWSWIRE) — Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) announces it has been added as a member of the Russell 3000 Index, effective after the US market opens today, July 1, as part of the 2024 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means Perma-Fix’s automatic inclusion in the Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Mark Duff, President and CEO of Perma-Fix, commented, “We are honored to...

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Eos Energy Successfully Launches Commercial Production on First State-of-the-Art Manufacturing Line

Company achieves critical Project AMAZE manufacturing milestone to meet future demand for long duration battery storage TURTLE CREEK, Pa., July 01, 2024 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it successfully launched commercial production on its first state-of-the-art (SotA) manufacturing line after being installed and commissioned in Turtle Creek, Pennsylvania, propelling the Company’s ability to produce Eos Z3TM batteries at scale. Launching commercial production marks a significant milestone in the Company’s operational capabilities and ability to serve the growing long duration energy storage demand. The process of bringing the line into...

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TEN Ltd. NYSE Ticker Change to “TEN” Effective Today

ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) — TEN, Ltd. (the “Company”), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company’s common shares will immediately transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”), where it will continue to be listed under the name “Tsakos Energy Navigation Limited.” Additionally, the ticker symbols for the Company’s Series E Cumulative Perpetual Preferred Shares (“Series E Preferred Shares”) and Series F Cumulative Perpetual Preferred Shares (“Series F Preferred Shares”) will also change. The Series E Preferred Shares will transition from “TNP-PRE” to “TEN-PRE” and the Series F Preferred Shares will transition from “TNP-PRF” to...

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Recce Pharmaceuticals Reports Positive Data from Phase I/II Urinary Tract Infection (UTI) / Urosepsis Rapid Infusion Trial of RECCE® 327

Results demonstrate efficacy on bacterial growth in participants injected with RECCE® 327 (R327) at the highest tested dose of 4,000mg No serious adverse events and clinically significant changes observed, reinforcing safety profile of R327 The study determined an optimal dosing regimen for R327 intravenously, showing rapid onset and sustained impact on Escherichia coli via an ATP mechanism in the urine of dosed participants Recce on track to initiate Phase II trial of R327 in patients with urinary tract infections in H2 2024SYDNEY, July 01, 2024 (GLOBE NEWSWIRE) — Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q) (the Company), the Company developing a new class of synthetic anti-infectives, today announced positive data from a Phase I/II trial for urinary tract infections (UTIs) and urosepsis, demonstrating that its lead candidate,...

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Ovid Therapeutics and Graviton Bioscience Announce Topline Data from a Phase 1 Clinical Trial Studying OV888/GV101 Capsule, a Potential First-In-Class Therapy for Cerebral Cavernous Malformations

The Phase 1 study for OV888/GV101 capsule met its objective, demonstrating a favorable safety and tolerability profile with no serious adverse events Secondary endpoint results indicate that the target pharmacokinetic profile was achieved at the targeted clinical dose, supporting once daily dosing OV888/GV101 capsule was shown to be biologically active in participants and elicited dose-dependent pharmacodynamic effects within the planned therapeutic dose range A Phase 2 study for the treatment of cerebral cavernous malformations is expected to initiate in the second half of 2024NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) — Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company dedicated to improving the lives of people affected by rare epilepsies and brain conditions, and Graviton Bioscience Corporation, a privately...

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