Day: July 26, 2024

OneMedNet Announces $4.6 Million Private Placement

Written by Customer Service on July 26, 2024. Posted in Public Companies.

Institutional investors include affiliates of Off the Chain Capital and Discovery Capital Management MINNEAPOLIS, July 26, 2024 (GLOBE NEWSWIRE) — OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), the leading curator of regulatory-grade Real World Data (“RWD”), inclusive of electronic health records, laboratory results and, uniquely, medical imaging, today announced that it has entered into securities purchase agreements with certain institutional investors, including an affiliate of Off the Chain Capital and an affiliate of Discovery Capital Management, in a private placement that resulted in gross proceeds of approximately $4.6 million, before deducting fees and expenses payable by the Company. The private placement closed on July 25, 2024. The price per share of common stock sold in this offering...

Red River Bancshares, Inc. Reports Second Quarter 2024 Financial Results

Written by Customer Service on July 26, 2024. Posted in Public Companies.

ALEXANDRIA, La., July 26, 2024 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the second quarter of 2024. Net income for the second quarter of 2024 was $8.0 million, or $1.16 per diluted common share (“EPS”), a decrease of $201,000, or 2.5%, compared to $8.2 million, or $1.16 EPS, for the first quarter of 2024, and a decrease of $981,000, or 10.9%, compared to $9.0 million, or $1.25 EPS, for the second quarter of 2023. For the second quarter of 2024, the quarterly return on assets was 1.05%, and the quarterly return on equity was 10.69%. Net income for the six months ended June 30, 2024, was $16.2 million, or $2.31 EPS, a decrease of $2.4 million, or 12.9%, compared to $18.6 million, or $2.58 EPS,...

Webuy Receives Extension to Regain Compliance with Nasdaq’s Minimum Bid Requirements

Written by Customer Service on July 26, 2024. Posted in Public Companies.

Singapore, July 26, 2024 (GLOBE NEWSWIRE) — Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce retailer, today announced that, following the receipt of a written notice from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“Nasdaq”) on January 26, 2024 regarding the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”) for continued listing on the Nasdaq Capital Market, it received written notification from Nasdaq, providing an additional 180 calendar days, or until January 21, 2025, to regain compliance with the minimum bid price of U.S. $1.00, as required by Nasdaq Listing Rule. Under Nasdaq Listing Rule 5810(c)(3)(A), if at any time over this period the bid price of Webuy’s shares closes at U.S. $1.00 per share...

ProMIS Neurosciences Announces Up to $122.7 Million Private Placement Financing

Written by Customer Service on July 26, 2024. Posted in Public Companies.

$30.3 million financing upfront with up to an additional $92.4 million tied to exercise of warrants, with certain of the warrants subject to shareholder approval Fundraise supports development of novel antibody PMN310 for Alzheimer’s Disease patients Proceeds expected to support Company beyond 6 month and 12 month data from the PMN310 Phase Ib study in Alzheimer’s patients TORONTO, Ontario and CAMBRIDGE, Massachusetts, July 26, 2024 (GLOBE NEWSWIRE) — ProMIS Neurosciences Inc. (Nasdaq: PMN) (“ProMIS” or the “Company”), a biotechnology company focused on the generation and development of antibody therapeutics targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA), today announced that it has entered into a unit purchase...

Nutraceutical Market to Reach USD 868.38 Billion by 2031

Written by Customer Service on July 26, 2024. Posted in Mergers And Acquisitions.

Westford, USA, July 26, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Nutraceuticals Market will attain a value of USD 868.38 Billion by 2031, with a CAGR of 9.50 % during the forecast period (2024-2031). There are many factors that are boosting the market growth of nutraceuticals such as preventive healthcare, rising instances of lifestyle-related problems, and consumer focus on healthy diets. The increasing number of consumer spending power in developing economies is also promoting the demand for nutraceuticals products. As people are becoming more conscious about their diets and trying to opt for self-directed cate for treating lifestyles problems like cardiovascular disorders and malnutrition, the demand for dietary supplements and nutraceuticals will continue to rise. Nutraceuticals are also related to many medical health...

Purpose Investments Inc. Announces Final July 2024 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

Written by Customer Service on July 26, 2024. Posted in Dividend Reports And Estimates.

TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final July 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts for the month of June. Ex-distribution date is July 29, 2024.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4831 07/29/2024 08/02/2024 MonthlyPurpose Cash Management Fund – ETF Units MNY $ 0.4398 07/29/2024 08/02/2024 MonthlyPurpose High Interest Savings Fund – ETF Units PSA $ 0.2108 07/29/2024 08/02/2024 MonthlyPurpose US Cash Fund – ETF Units PSU.U US $ 0.4675 07/29/2024 08/02/2024 MonthlyAbout...

TRxADE Health, Inc. Announces Business Combination with Scienture, Inc., in a Transaction Valued at $103 Million

Written by Customer Service on July 26, 2024. Posted in Public Companies.

Scienture, Inc., a private branded and specialty pharmaceutical company, entered into a business combination with TRxADE Health Inc., in an all-stock transaction valued at $103 million. TAMPA, FL and COMMACK, NY, July 26, 2024 (GLOBE NEWSWIRE) — TRxADE HEALTH, INC. (“TRxADE”) (Nasdaq: MEDS) and Scienture, Inc. (“Scienture”) today announced the closing of TRxADE’s business combination with Scienture in an all-stock transaction (the “Business Combination”). TRxADE acquired all of Scienture’s assets in exchange for shares of TRxADE stock, in a combination of common stock and non-voting convertible preferred stock. TRxADE will change its name to “Scienture Holdings, Inc.” subsequent to the future conversion of the non-voting convertible preferred stock and the combined company is intended to continue as a Nasdaq-listed company. The...

JBTC Announces 2nd Quarter 2024 Earnings

Written by Customer Service on July 26, 2024. Posted in Earnings Releases And Operating Results.

JONESTOWN, Pa., July 26, 2024 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $2,167,000 or $0.89 per share for the second quarter of 2024. Six-month reported earnings are $3,474,000 or $1.43 per share, up from $3,394,000 or $1.39 per share in the prior year, representing a 2.36% increase in earnings. President & CEO Troy A. Peters stated: “Our earnings increase was primarily driven by our ability to positively manage our net interest income performance, even during a period of rising funding costs.” More information can be found at OTC Markets at www.otcmarkets.com/stock/JBTC/overview. Contact: Andrea Shetterly, EAAashetterly@jbt.bankJonestown Bank & Trust Co. 2 West Market StreetJonestown, PA 17038-0717Phone: 717-865-4246

First Hawaiian, Inc. Reports Second Quarter 2024 Financial Results and Declares Dividend

Written by Customer Service on July 26, 2024. Posted in Earnings Releases And Operating Results.

HONOLULU, July 26, 2024 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended June 30, 2024. “I’m pleased to report our strong financial results for the second quarter,” said Bob Harrison, Chairman, President, and CEO. “Our performance was driven by solid revenues, disciplined expense control and continued excellent credit quality. Additionally, we continued our support of the Maui community by partnering with the Federal Home Loan Bank of Des Moines to contribute a total of $1 million in relief funding for homeowners impacted by the Maui Wildfires.” On July 24, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on August 30, 2024, to stockholders of record at the close...

Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the First Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending October, November, and December 2024

Written by Customer Service on July 26, 2024. Posted in Earnings Releases And Operating Results.

GREENWICH, Conn., July 26, 2024 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGM: OXLCI) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information: On July 25, 2024, our Board of Directors declared the following distributions on our common stock:Month Ending Record Date Payment Date Amount Per ShareOctober 31, 2024 October 17, 2024 October 31, 2024 $0.09November 30, 2024 November 15, 2024 November 29, 2024 $0.09December 31, 2024 December 17, 2024 December 31, 2024 $0.09 Net asset value (“NAV”) per share as of June 30, 2024 stood at $4.91, compared with a NAV per share on March 31, 2024 of $4.90. Net investment income (“NII”),...

Day: July 26, 2024

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