Month: July 2024

SCYNEXIS to Receive $10 Million Milestone Payment from GSK Triggered by Delivery of Completed FURI, CARES and NATURE Clinical Study Reports

Written by Customer Service on July 23, 2024. Posted in Public Companies.

Reiterating cash runway of > 2 years JERSEY CITY, N.J., July 23, 2024 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced that it will receive a $10 million development milestone payment under its exclusive license agreement with GSK for ibrexafungerp. The milestone payment is triggered by the delivery of final clinical study reports for the completed FURI, CARES, and NATURE clinical studies. “We are pleased to have completed these important studies in refractory invasive fungal infections, for which there remains an urgent need to deliver new solutions and combat growing resistance,” said David Angulo, M.D., President and Chief Executive Officer of SCYNEXIS. “Work continues...

Constellium’s Muscle Shoals facility receives Department of Defense grant to increase casting capacity

Written by Customer Service on July 23, 2024. Posted in Public Companies.

PARIS, July 23, 2024 (GLOBE NEWSWIRE) — Constellium (NYSE: CSTM) announced today that its facility in Muscle Shoals, Alabama has been selected by the U.S. Department of Defense (DoD) for an investment of $23 million under Title III, Defense Production Act to rebuild its Direct Chill aluminium casting center. The funding was awarded via the Defense Production Act Investments (DPAI) Program. DPAI is overseen by the Manufacturing Capability Expansion and Investment Program (MCEIP) in the Office of the Assistant Secretary of Defense for Industrial Base Policy. Constellium will use the funds to install state-of-the-art casting equipment on the site of a dismantled casting center intended to add up to 300 million pounds of annual casting capacity. With this added capacity, the plant expects to increase its recycled input, reduce its...

Aya Gold & Silver Expands Footprint and Outlines Multiple New Conductive Anomalies at Boumadine

Written by Customer Service on July 23, 2024. Posted in Public Companies.

MONTREAL, July 23, 2024 (GLOBE NEWSWIRE) — Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce preliminary results from its recently completed regional geophysical survey of Boumadine in the Kingdom of Morocco. Today’s results highlight multiple potential conductive anomalies with a similar or stronger response than the Boumadine anomaly.Key HighlightsCompleted an extensive 2024 regional airborne geophysical survey:The survey included high resolution magnetics (“Mag”) and MobileMT technology:13,714-line kilometer (“km”) on the Boumadine block 1,697-line km on the Tirzzit blockIdentified multiple potentially parallel, on-trend conductive anomalies similar to known conductors identified at Boumadine Main Trend:Very large, potential conductive anomalies occurring...

Singing Machine Launches Official TikTok Shop

Written by Customer Service on July 23, 2024. Posted in Public Companies.

Company Significantly Expands Socia Media-Based Marketing Capabilities Through New TikTok Shop Seller Storefront Fort Lauderdale, FL, July 23, 2024 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, announces it has entered into a formal partnership with TikTok Shop pursuant to which The Singing Machine is now officially designated as a TikTok Shop Seller. With this new status, the Company expanded its online reach to over 150 million daily users on TikTok, one of the largest and fastest growing retail channels available to consumers today. The launching of the Singing Machine TikTok Shop underscores a shared commitment to enriching the livestream shopping experience for karaoke products on the TikTok platform. As an official Seller, Signing...

Eyenovia and Senju Pharmaceutical Co., Ltd. Sign Collaboration Agreement for Potential New Treatment for Chronic Dry Eye Disease

Written by Customer Service on July 23, 2024. Posted in Public Companies.

Collaboration to focus on the development of a formulation of Senju’s SJP-0035 for use with Eyenovia’s Optejet® dispensing technology, following consultation with FDA Chronic dry eye estimated to be a $5 billion global addressable market NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ: EYEN), a commercial-stage ophthalmic company with two FDA-approved products and a late-stage asset in pediatric progressive myopia, today announced that it has entered into a collaboration agreement with Senju Pharmaceutical Co., Ltd. (Senju), under which both companies intend to work to develop Senju’s corneal epithelial wound healing candidate, SJP-0035, for use with Eyenovia’s Optejet® dispensing technology, as a potential treatment for chronic dry eye disease. Per the terms of the agreement, Eyenovia and Senju are planning to...

Axogen, Inc. to Report Second Quarter 2024 Financial Results and Host Conference Call on August 8, 2024

Written by Customer Service on July 23, 2024. Posted in Public Companies.

ALACHUA and TAMPA, Fla., July 23, 2024 (GLOBE NEWSWIRE) — Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today announced that it will report second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. Axogen management will host an investment-community conference call and webcast at 8 a.m. ET following the release. Investors interested in participating in the conference call by phone may do so by dialing toll free at (877) 407-0993 or using the direct dial-in number at (201) 689-8795. Those interested in listening to the conference call live via the Internet may do so by visiting the Investors page of the Company’s website at www.axogeninc.com and clicking on the webcast link. Following the conference call,...

Nevada Lithium commences 2024 drilling program at Bonnie Claire Lithium Project, Nevada

Written by Customer Service on July 23, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, July 23, 2024 (GLOBE NEWSWIRE) — Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to provide an update on its technical program, with the commencement of the 2024 Drill Program at its 100% owned Bonnie Claire lithium project (the “Project” or “Bonnie Claire”), located in Nye County, Nevada. Nevada Lithium’s CEO, Stephen Rentschler, comments: “We are pleased to report that the 2024 Drill Program at our Bonnie Claire Lithium Project is underway. The Program has been designed to optimize the impact of the high-grade lithium and boron mineralization identified in our 2023 drilling. Results from this Drill Program will be incorporated into an update to our current Preliminary Economic Assessment.” He continued, “Last year’s identification...

Constellium Reports Second Quarter and First Half 2024 Results

Written by Customer Service on July 23, 2024. Posted in Earnings Releases And Operating Results.

PARIS, July 23, 2024 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) today reported results for the second quarter ended June 30, 2024. As a reminder of the press release issued on February 21, 2024 and following the SEC comment letter review process, Constellium will no longer report Value-Added Revenue (VAR), a Non-GAAP financial measure. In addition, the Company has revised its definition of consolidated Adjusted EBITDA, a Non-GAAP financial measure, to no longer exclude the non-cash impact of metal price lag from its consolidated Adjusted EBITDA. Constellium will continue to exclude the non-cash impact of metal price lag from its Segment Adjusted EBITDA, which it uses for evaluating the performance of its operating segments. Following the revision of its definition, consolidated...

HSBC Bank Plc – Form 8.5 (EPT/RI) – Keyword Studios Plc

Written by Customer Service on July 23, 2024. Posted in Mergers And Acquisitions.

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Name of exempt principal trader: HSBC Bank Plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Keyword Studios Plc(c) Name of the party to the offer with which exempt principal trader is connected: OFFEROR: Houting UK Limited (a newly formed company indirectly wholly-owned by EQT’s BPEA Fund VIII)(d) Date dealing undertaken: 22 July 2024(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer,...

H World Group Limited Announces Shareholder Return Plan

Written by Customer Service on July 23, 2024. Posted in Dividend Reports And Estimates.

SINGAPORE and SHANGHAI, China, July 23, 2024 (GLOBE NEWSWIRE) — H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a leading and fast-growing hotel group, today announced that, in order to enhance shareholder value, its board of directors (the “Board”) has approved a three-year shareholder return plan with an aggregate amount of distributions that may be made to the Company’s shareholders of up to US$2,000,000,000, effective from July 23, 2024 (the “Shareholder Return Plan”). Under the Shareholder Return Plan, the Board has the sole discretion to: (i) declare and distribute ordinary dividends semi-annually, the aggregate amount of which for each financial year shall be no less than 60% of the Company’s net income in such financial year (the “Amended Dividend Policy”), and (ii) declare and distribute,...

Month: July 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals