Day: August 27, 2024

LexinFintech Holdings Ltd. Reports Second Quarter 2024 Unaudited Financial Results

SHENZHEN, China, Aug. 27, 2024 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2024. “We harvested a healthy set of operational and financial results with improved risk performance for new loans, uplifted net profit from the first quarter of 2024, and controlled loan origination in the second quarter of 2024,” said Jay Wenjie Xiao, Chairman and CEO of Lexin. “Total loan origination for the second quarter reached RMB 51.1 billion, a 12% decline quarter-over-quarter. Nevertheless, both total operating revenue and net profit grew by 12% compared to the first quarter of 2024, this was despite continued soft consumer demand...

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JOYY Reports Second Quarter 2024 Unaudited Financial Results

SINGAPORE, Aug. 28, 2024 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights1 Net revenues were US$565.1 million, compared to US$547.3 million in the corresponding period of 2023. Net income attributable to controlling interest of JOYY2 was US$52.1 million, compared to US$155.1 million in the corresponding period of 2023. Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Operational Highlights Average mobile MAUs of Bigo Live was 37.7 million, compared to 38.5 million in the corresponding period of 2023. Average mobile...

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Mesoblast Financial Results and Corporate Update Webcast

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, will host a webcast to discuss operational highlights and financial results for the full year ended June 30, 2024. The webcast will begin at 6.30pm EDT, Wednesday, August 28; 8.30am AEST, Thursday, August 29, 2024. It can be accessed via: https://webcast.openbriefing.com/msb-fyr-2024/ The archived webcast will be available on the Investor page of the Company’s website: www.mesoblast.com About Mesoblast Mesoblast (the Company) is a world leader in developing allogeneic (off-the-shelf) cellular medicines for the treatment of severe and life-threatening inflammatory conditions. The Company has leveraged its proprietary mesenchymal lineage cell therapy technology platform to...

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Telix Submits NDA for TLX101-CDx (Pixclara™) Brain Cancer Imaging Agent

MELBOURNE, Australia, Aug. 28, 2024 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces it has submitted a New Drug Application (NDA) to the United States (U.S.) Food and Drug Administration (FDA) for TLX101-CDx, (Pixclara™1, 18F-floretyrosine or 18F-FET), an investigational PET2 agent for the characterization of progressive or recurrent glioma (brain cancer) from treatment related changes in both adult and pediatric patients. Given the potential to address significant unmet medical need, Pixclara™1 has been granted Orphan Drug3 and Fast Track4 designation by the FDA, which facilitates expedited review and closer consultation with the agency during the review process. FET PET (Pixclara™1) is already included in international clinical practice guidelines for the imaging...

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Pieridae Announces $30 Million Equity Rights Offering With $25 Million Standby Commitment

Reduces debt and accelerates high-impact well and facility optimization program CALGARY, Alberta, Aug. 27, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce that it is offering rights (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on September 9, 2024 (the “Record Date”). Pursuant to the Rights Offering, each holder of Common Shares resident in a province or territory in Canada (the “Eligible Jurisdictions”) will receive one right (a “Right”) for each one Common Share held. Each Right will entitle the holder to subscribe for 0.71286 of a Common Share (the “Basic Subscription Privilege”). As a result, holders of Common Shares may exercise 1.4028 Rights and pay $0.2448 per share (the “Subscription...

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LEADING EDGE MATERIALS ANNOUNCES UPDATE ON PRIVATE PLACEMENT

LEADING EDGE MATERIALS ANNOUNCES UPDATE ON PRIVATE PLACEMENT NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER, OR A SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR ANY SECURITIES IN LEADING EDGE MATERIALS IN ANY JURISDICTION. Vancouver, August 27, 2024 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces that further to its news release of July 15, 2024 regarding the plans to complete a private placement, TSX Venture Exchange has granted the Company a 30 day extension to close the private...

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PERSEUS DELIVERS RECORD FINANCIAL RESULTS & CAPITAL RETURNS

Perth, Aug. 28, 2024 (GLOBE NEWSWIRE) — Perth, Western Australia/August 28, 2024/African focused gold producer Perseus Mining Limited (ASX/TSX: PRU), has released its Annual Report for the financial year ending June 30, 2024 (FY24), which includes Perseus’s Annual Financial Report, and its Sustainable Development Report. highlights financial performance Revenue of US$1.0261 billion (up 7%)2, Earnings before interest, tax, depreciation and amortisation (EBITDA) of US$625.2 million (up 13%)2 and Profit after tax of US$364.8 million (up 14%)2 Basic earnings per share of US$0.236 cents per share (up 12%)2 resulting in an earnings yield of 13.3% and a price: earnings (P/E) ratio of 7.54 Net cash flow from operating activities of US$429.2 million (up 1%)2 or US$0.3133 cents per share resulting in a price: operating cashflow (P/OCF)...

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Grupo Aeroportuario del Pacifico Announces Master Development Program and Maximum Tariffs for Its Mexican Airports for the 2025-2029 Period

GUADALAJARA, Mexico, Aug. 27, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) that it has concluded the ordinary review process for the Master Development Program (“MDP”) and Maximum Tariffs for its airports in Mexico, approved by the Ministry of Infrastructure, Communications and Transportation (Secretaría de Infraestructura, Comunicaciones y Transportes “SICT”), through the Federal Civil Aviation Agency (Agencia Federal de Aviación Civil “AFAC”) for the 2025-2029 period. The maximum tariffs per workload unit for each airport were determined by the AFAC, based on projections for traffic, operating costs, and capital investments included in the Master Development Program, as well as the Reference Values and discount rate, following the parameters established...

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Update on Regulatory Conditions for Acquisition of i3 Energy Plc

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. For immediate release CALGARY, Alberta, Aug. 27, 2024 (GLOBE NEWSWIRE) — Recommended And Final* Cash And Share Acquisition of i3 Energy Plc (“i3 Energy”)byGran Tierra Energy Inc. (“Gran Tierra”) to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 27 August 2024 Update on Regulatory Conditions On 19 August 2024, the boards of directors of i3 Energy and Gran Tierra announced pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the “2.7 Announcement”) that they had reached agreement on the terms of a recommended and final*...

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Versus Systems Receives NASDAQ Notification Regarding Minimum Stockholders’ Equity Deficiency

VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) — Versus Systems, Inc. (NASDAQ: VS) (the “Company”) announces that it has received a letter from the listing qualifications department staff of the NASDAQ Stock Market (“NASDAQ”), notifying the Company that the stockholders’ equity of $1,797,764 as reported in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2024 was below the minimum stockholders’ equity of $2,500,000. The minimum stockholders’ equity of $2,500,000 is required for continued listing on the NASDAQ Capital Market as set forth in NASDAQ listing rule 5550(b)(1), and the Company does not meet the alternatives of market value of listed securities or net income from continuing operations. The Company has been provided until October 7, 2024, to submit a plan to regain compliance with the...

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