Day: August 23, 2024

Cingulate Announces Adjournment of Special Meeting

KANSAS CITY, Kan., Aug. 23, 2024 (GLOBE NEWSWIRE) — Cingulate Inc. (NASDAQ:CING), (“Cingulate” or the “Company”), a biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, today announced that it has adjourned its Special Meeting of Stockholders (the “Special Meeting”) in order to provide stockholders additional time within which to vote on all proposals. At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the Company’s common stock to constitute a quorum. The Company’s Board of Directors continues to believe that that all of the proposals contained in the proxy statement are advisable and in the best interests of the Company’s...

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HCW Biologics Reports Second Quarter 2024 Financial Results and Business Highlights – Correction

This release has made a correction to a release issued under the same headline on August 14, 2024, by HCW Biologics, Inc. (NASDAQ: HCWB), to show the amount included in the condensed interim balance sheet for Cash and cash equivalents as of December 31, 2023 as $3,595,101, not $95,101 as previously stated. The full text of the corrected release is as follows: MIRAMAR, Fla., Aug. 23, 2024 (GLOBE NEWSWIRE) — HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its second quarter ended June 30, 2024.  Dr. Hing C. Wong, Founder and CEO of HCW Biologics, stated,...

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Mattr to Present and Host 1×1 Investor Meetings at the 15th Annual Midwest Ideas Investor Conference on August 28th in Chicago, IL

TORONTO, Aug. 23, 2024 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced Mike Reeves, President & CEO and Tom Holloway, SVP Finance & CFO will present at the Midwest IDEAS Investor Conference on Wednesday August 28, 2024 at The Gwen in Chicago, IL. Mattr’s presentation is scheduled to begin at 11:30am CT. The presentation is webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company’s website: http://www.mattr.com. About IDEAS Investor Conferences The mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present their investment merits to an influential audience of investment professionals. Unlike traditional bank-sponsored...

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Prestige Wealth Inc. Announces Acquisition of Wealth AI, an AI-Driven Wealth Management Solution Provider

HONG KONG, Aug. 23, 2024 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on August 20, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of SPW Global Inc, a company incorporated under the laws of the British Virgin Islands, which in turn wholly owns Wealth AI PTE LTD. or Wealth AI, a company incorporated under the laws of Republic of Singapore. The total purchase price is US$4,500,000, subject to customary closing purchase price adjustments, with US$3 million being paid in cash and the remaining US$1.5 million being settled in the form of 1,900,000 class A ordinary shares and 500,000 class B ordinary shares of the Company issuable to the seller...

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Atlas Luxco S.à r.l. completes its public offers to the shareholders of Millicom and successfully increases its ownership position in Millicom reaching 40.42 per cent of Millicom’s share capital and voting rights

Luxembourg, Aug. 23, 2024 (GLOBE NEWSWIRE) — This announcement is not an offer, whether directly or indirectly, in Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or Russia or in any other jurisdiction where such offer would be prohibited by applicable law pursuant to legislation, restrictions and regulations in the relevant jurisdiction. Shareholders not resident in Sweden or the United States who wish to accept the Offers (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled “Important notice” at the end of this announcement and in the Offer to Purchase which has been published on the website for the Offers (www.atlas-investissement.com/en/offers). United States...

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Ebang International Holdings Inc. Reports Unaudited Financial Results for the First Six Months of Fiscal Year 2024

SINGAPORE, Aug. 23, 2024 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its unaudited financial results for the first six months of fiscal year 2024. Operational and Financial Highlights for the First Six Months of Fiscal Year 2024 Total net revenues in the first six months of 2024 were US$2.11 million, representing a 37.41% period-over-period decrease from US$3.38 million in the same period of 2023. Gross profit in the first six months of 2024 was US$0.08 million compared to the gross profit of US$0.28 million in the same period of 2023. Net loss in the first six months of 2024 was US$6.65 million compared to US$8.38 million in the same period of 2023. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, “Our financial results for the first...

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Sienna Senior Living Inc. Announces DBRS Credit Rating Update

MARKHAM, Ontario, Aug. 23, 2024 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced the confirmation by Dominion Bond Rating Service (“DBRS”) of the Company’s BBB Issuer Rating and ratings on the Senior Unsecured Debentures, as well as the strengthening of the trends of these ratings to “Stable” from “Negative”. “We are pleased with the strengthening trend of our credit ratings, which will further enhance our ability to access capital at attractive terms,” said Nitin Jain, President and Chief Executive Officer. “This rating update not only reflects our track record of consistently delivering strong financial results, driven by the incredible efforts of our 12,500 team members, but also highlights the effectiveness of our initiatives to improve our operating platforms, and is further supported...

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SCWorx Corp. Receives Notice of Non-Compliance from NASDAQ Stock Market Pertaining to its 10-Q for the quarter ended June 30, 2024

NEW YORK, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) — On August 19, 2024, the Nasdaq Stock Market notified SCWorx Corp. (the “Company”) that it has failed to satisfy a standard for continued listing, namely Nasdaq Listing Rule 5250(c)(1) (the “Rule), because the Company did not file its June 30, 2024 Quarterly Report on Form 10-Q by the due date of August 14, 2024 and because it remains delinquent in filing its Form 10-K for the period ended December 31, 2023 and its Form 10Q  for the quarter ended March 31, 2024. As previously disclosed, due to the SEC’s Order denying BF Borgers CPA PC (“BF Borgers”) the privilege of appearing or practicing before the Commission as an accountant, on May 7, 2024, the board of directors of the Company dismissed BF Borgers CPA PC as the Company’s independent registered public accounting firm, at which...

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Ninepoint Partners Announces August 2024 Cash Distributions for ETF Series Securities

TORONTO, Aug. 23, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the August 2024 cash distributions for its ETF Series securities. The record date for the distributions is August 30, 2024. All distributions are payable on September 9, 2024. The per-unit August distributions are detailed below: Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIP Ninepoint Diversified Bond Fund NBND $0.05336 $0.00000 65443H100 Ninepoint Alternative Credit Opportunities Fund NACO $0.09396 $0.00000 65443Q100 Ninepoint Energy Income Fund NRGI $0.11865 $0.00000 65444A104 Ninepoint Target Income Fund TIF $0.10068 $0.00000 65446C108 About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing...

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Teamsters Serve CN with a Strike Notice

MONTREAL, Aug. 23, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) has been served with a 72-hour strike notice by the Teamsters Canada Rail Conference (TCRC). The Teamsters intend to strike as of 10:00 AM ET on Monday, August 26, 2024. CN proactively ended the lockout of the Teamsters on August 22, following the Minister of Labour’s direction to the Canada Industrial Relations Board (CIRB) to impose binding arbitration between both parties. While CN is focused on its recovery plan to get back to powering the economy, the Teamsters are focused on returning to the picket line and shutting down the economy, impacting people and jobs across the country. Over the last nine months, CN has negotiated in good faith. The Company consistently proposed serious offers, with better pay, improved rest, and more predictable schedules. This...

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