Day: September 12, 2024

Scilex Holding Company Announces It Has Received the Drug Distributor Accreditation from the National Association of Boards of Pharmacy® (NABP®)

Written by Customer Service on September 12, 2024. Posted in Public Companies.

PALO ALTO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex” or “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today announced that it has received the Drug Distributor Accreditation from the National Association of Boards of Pharmacy® (NABP®). Scilex has satisfied all the drug distributor criteria set in place by the NABP. The NABP® is a 501(c)(3) nonprofit organization founded in 1904. Working with their members – the state boards of pharmacy – they help support patient and prescription drug safety, through examinations that assess pharmacist competency, pharmacist licensure transfer and verification services, and various pharmacy accreditation...

Navient Resolves Legal Matters with Consumer Financial Protection Bureau

Written by Customer Service on September 12, 2024. Posted in Public Companies.

HERNDON, Va., Sept. 12, 2024 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI) today released the following statement after reaching an agreement with the Consumer Financial Protection Bureau to resolve previously disclosed litigation and investigations: This agreement puts these decade-old issues behind us. While we do not agree with the CFPB’s allegations, this resolution is consistent with our go-forward activities and is an important positive milestone in our transformation of the company. Navient is no longer a servicer or purchaser of federal student loans. In 2021, with the approval of the Department of Education, Navient transferred its contract to service government student loans to a third party, and earlier this year, Navient reached an agreement to outsource student loan servicing of its legacy FFELP student loan portfolios,...

Savaria Increases Dividend By 3.85%

Written by Customer Service on September 12, 2024. Posted in Dividend Reports And Estimates.

LAVAL, Québec, Sept. 12, 2024 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, announces today that its Board of Directors has approved an increase to the Corporation’s monthly dividend, raising it to 4.5 cents ($0.045) per common share. On an annual basis, this represents an increase of two cents ($0.02) or 3.85%, raising the dividend to 54 cents ($0.54) per common share. This increase will apply to the dividends payable monthly starting on October 9, 2024, to shareholders of record of the Corporation at the close of business on September 30, 2024. This is an eligible dividend within the meaning of the Income Tax Act (Canada). A Word from the Executive Chairman “As a result of our financial performance in 2023 and for the first six months of 2024, I am pleased...

Invesco Ltd: Form 8.3 – Centamin PLC; Public dealing disclosure

Written by Customer Service on September 12, 2024. Posted in Mergers And Acquisitions.

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 Centamin PLC (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 date prior to the...

Golden Matrix Group Reports Record-Breaking August Performance by Subsidiary Meridianbet

Written by Customer Service on September 12, 2024. Posted in Earnings Releases And Operating Results.

Golden Matrix Group Inc,GMGILAS VEGAS, NV, Sept. 12, 2024 (GLOBE NEWSWIRE) — Golden Matrix Group, Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a developer and licensor of online gaming platforms, systems, and gaming content, is pleased to announce that pursuant to preliminary revenue estimates, its wholly owned subsidiary, Meridianbet, delivered record-breaking results for the month of August 2024, particularly in its B2C iGaming and sports betting operations. The exceptional performance reflects Meridianbet’s continued global expansion and operational excellence across multiple jurisdictions. Key Highlights from August 2024:Online casino revenue: Meridianbet’s online casino operations are expected to achieve an all-time high, surpassing the monthly average for 2024, by 13%. Online...

Acorn Hosts Virtual and In-Person Stockholder Meeting with Management Q&A Tuesday, September 17th at 2pm ET

Written by Customer Service on September 12, 2024. Posted in Public Companies.

BALTIMORE, Sept. 12, 2024 (GLOBE NEWSWIRE) — Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, will hold its 2024 Annual Meeting of Stockholders at 2:00 PM ET on Tuesday, September 17, 2024 at 2800 Quarry Lake Drive, Suite 130, Baltimore, Maryland 21209. Investors who register in advance may access the meeting via Zoom. To register to attend the meeting please contact Acorn’s Assistant Secretary by email at AcornMeeting@gmail.com. Annual Meeting Zoom Link: https://us02web.zoom.us/j/88107503358Telephone number: 1-646-558-8656Meeting ID: 881 0750 3358 Registered participants will be admitted to the meeting from the Zoom waiting room at approximately 1:55 PM ET. Following the formal portion of the meeting,...

The Lovesac Company Reports Second Quarter Fiscal 2025 Financial Results

Written by Customer Service on September 12, 2024. Posted in Earnings Releases And Operating Results.

Q2 FY25 Net Sales growth of 1.3% to $156.6 Million STAMFORD, Conn., Sept. 12, 2024 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, today announced financial results for the second quarter of fiscal 2025, which ended August 4, 2024. Shawn Nelson, Chief Executive Officer, stated, “Our second quarter results were inline with our expectations as we continued to drive market share gains amidst a challenging industry backdrop. We are pleased with the incredible reception we have seen with the product innovation we have delivered recently through our PillowSac Accent Chair as well as our newly launched AnyTable. We are excited to continue to build on the momentum we are driving through expanding our offering,...

GURU Organic Energy Announces Third Quarter 2024 Financial Results

Written by Customer Service on September 12, 2024. Posted in Earnings Releases And Operating Results.

Focused on Return to Profitability: 18.3% reduction in net loss to $6.8 million in the first nine months of 2024, down from $8.3 million in the same period of 2023; achieved 50.6% improvement over 2022, demonstrating strong commitment to reducing costs. Strong Financial Position: $37.7 million in cash, cash equivalents and short-term investments, coupled with unused credit facilities, providing ample resources to drive GURU’s path to profitability, and selectively investing in growth opportunities. Revenue Growth and Margin Improvement: Net revenue rose by 6.9% to $23.1 million for the first nine months of 2024, up from $21.6 million in 2023. Gross profit increased by 11.6% for the same period, resulting in year-to-date gross margin of 54.8% (55.4% in Q3), compared to 52.5% a year ago, underscoring continued focus on operational efficiency. Quebec...

Aduro Clean Technologies Reports 2024 Financial Results and Provides End of Year Update

Written by Customer Service on September 12, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES LONDON, Ontario, Sept. 12, 2024 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHD) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, has filed its audited financial results for the year ended May 31, 2024, and has provided the following highlights. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Ofer Vicus, CEO of Aduro, remarked, “In 2024 the Company is focusing on execution, making sure we continue to make progress on our key goals. We have achieved many of the milestones that...

Biogen Board Appoints Two New Independent Directors

Written by Customer Service on September 12, 2024. Posted in Public Companies.

Dr. Lloyd Minor and Prof Sir Menelas Pangalos bring significant scientific expertise and considerable experience in medicine research and development CAMBRIDGE, Mass., Sept. 12, 2024 (GLOBE NEWSWIRE) — The Biogen Inc. (Nasdaq: BIIB) Board of Directors (the “Board”) today announced the appointments of two new independent directors, Lloyd B. Minor, M.D., effective October 1, 2024, and Sir Menelas (Mene) Pangalos, Ph.D., effective January 1, 2025. Dr. Minor is currently the Dean of the Stanford University School of Medicine and Vice President for Medical Affairs at Stanford University, and Prof Sir Pangalos was most recently Executive Vice President of Biopharmaceuticals R&D at AstraZeneca until his retirement in April 2024. “We welcome Lloyd and Mene to our Board as they add significant experience and proven track records in...

Day: September 12, 2024

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