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Day: September 16, 2024

Capstreet-backed SmartSights Acquires Sage Clarity

Suite of real-time data tools adds strategic product capabilities to SmartSights’ portfolio AUSTIN, Texas, Sept. 16, 2024 (GLOBE NEWSWIRE) — SmartSights (“SmartSights” or “the Company”), a provider of operational intelligence software that helps industrial teams improve response times, today announced that it has acquired Sage Clarity (“Sage Clarity”), a provider of a suite of apps that enable more effective gathering and analyzing of manufacturing activity data. SmartSights is backed by Capstreet, a Houston-based lower middle market private equity firm. Terms of the transaction were not disclosed. Founded in 2011 and headquartered in Chicago, Sage Clarity offers real-time visibility into facility operations through a suite of applications. Its platform-agnostic, configurable solutions provide greater insight and situational awareness...

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Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Third Quarter of 2024

CHICAGO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the third quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on October 15, 2024, to shareholders of record as of the close of business on September 30, 2024. About Chicago Atlantic Real Estate Finance, Inc.Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a market-leading commercial mortgage REIT utilizing significant real estate, credit and cannabis expertise to originate senior secured loans primarily to state-licensed cannabis operators in limited-license states in the United States. REFI...

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Nayax Partners with Adyen to Globally Expand Electric Vehicle Charging and Automated Self-Service Payments Infrastructure  

The two companies will also provide the world’s first global omni-channel payment service provider solution in EV charging HERZLIYA, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, and Adyen, the global financial technology platform of choice for leading companies, today announced a long-term strategic partnership to drive the seamless global delivery of cashless payment technology to businesses in the Electric Vehicle (EV) charging and automated self-service industries. With this partnership, Adyen joins Nayax’s network of acquiring banks and Nayax’s end-to-end payment and loyalty platform will be integrated into Adyen’s single global platform. This allows Nayax to expand into new regions...

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Critical Metals Corp to Participate in Fastmarkets European Battery Raw Materials Conference 2024

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) — Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that CEO and Chairman Tony Sage will participate in the Fastmarkets European Battery Raw Materials Conference 2024 which will be held in Amsterdam, Netherlands on September 16-18, 2024. Mr. Sage will speak on a panel discussion entitled “Will Europe Gain Self-Sufficiency in Lithium Refining?” on September 17 at 3:35pm CET/9:35am EDT. Interested investors and other parties can find additional information relating to Critical Metals Corp and upcoming conferences by visiting the News & Events section...

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Zentalis Pharmaceuticals Announces FDA Has Lifted Partial Clinical Hold on Azenosertib Studies

Company on track to present data from key clinical studies of azenosertib in the fourth quarter of 2024 SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Zentalis® Pharmaceuticals, Inc. (Nasdaq: ZNTL), a clinical-stage biopharmaceutical company discovering and developing clinically differentiated small molecule therapeutics targeting fundamental biological pathways of cancers, today announced that the U.S. Food and Drug Administration (FDA) has lifted the partial clinical hold on studies of azenosertib, the Company’s novel, selective, and orally bioavailable inhibitor of WEE1. The FDA has cleared the Company to resume enrollment in all ongoing azenosertib clinical studies with no changes in the clinical development plan. Zentalis will be working with clinical trial investigators to resume study activities across the azenosertib development...

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Tonix Pharmaceuticals Announces That its Single Dose Mpox Vaccine Candidate TNX-801 Aligns with WHO’s Newly Issued Preferred Target Product Profile for Mpox Vaccines in Global Health Emergency

The World Health Organization (WHO) released its preferred target product profile (TPP) criteria for mpox vaccines at its Mpox Research and Innovation Scientific Conference held August 29-30 TNX-801, Tonix’s attenuated live-virus vaccine candidate, has characteristics that align closely with WHO’s TPP On August 14, 2024, the WHO determined that the upsurge of mpox in a growing number of countries in Africa constitutes a public health emergency of international concern1–4: cases of the potentially lethal new Clade I mpox also detected in Sweden, Thailand and Singapore CHATHAM, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a fully-integrated biopharmaceutical company with marketed products and a pipeline of development candidates, announced today that the...

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Lantronix Announces CFO Departure and Transition Plan

Experienced Leadership Team to Oversee Transition IRVINE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced the resignation of Chief Financial Officer (CFO) Jeremy Whitaker, who has accepted the CFO role at a private company. Whitaker departed on September 13, 2024. Brent Stringham, currently the company’s Controller, is appointed Interim CFO while the company conducts a search for the next CFO. Stringham, an experienced financial leader, has been with Lantronix since 2012. He brings deep institutional knowledge and extensive financial expertise to the role. Prior to joining Lantronix, Brent held financial leadership positions at Iteris Inc., Netlist Inc., and Ernst & Young. In addition, David McLennan, former CFO of Sierra Wireless...

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Wabash Honored as One of America’s Most Admired Workplaces 2025 by Newsweek

LAFAYETTE, Ind., Sept. 16, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced it was honored among Newsweek’s inaugural list of “America’s Most Admired Workplaces 2025,” reaffirming the company’s commitment to fostering a dynamic and innovative workplace, recognized by employees and industry peers alike. Wabash earned a rating of four-and-a-half out of five stars and stands among only two heavy duty vehicle manufacturers featured on the list. It is also one of five Indiana-based companies out of 400 total companies to make the list, showcasing its leadership not only in the commercial transportation and logistics sector but also as a key employer in the state. “We are incredibly proud to be named one of America’s...

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SoFi Announces Monthly Distributions on $THTA (9.00%)

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) — SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 09/16/2024ETFTicker Distributionper Share DistributionRate * 30-Day SEC Yield** Ex-Date RecordDate PaymentDateTHTA $0.1422 9.00% 4.50% 09/17/2024 09/17/2024 09/18/2024Inception date: 11/15/2023Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ZEGA Financial LLC, seeks current income by combining a strategy of holding U.S. government securities, including U.S. Treasury Bills and U.S. Treasury Bonds, with a “credit spread” option strategy to seek to generate enhanced yield. About SoFiOur mission is to help people reach financial independence to realize their ambitions....

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Reliance, Inc. Announces Amended and Restated $1.5 Billion Credit Facility

SCOTTSDALE, Ariz., Sept. 16, 2024 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) announced today that effective September 10, 2024, it has entered into an amended and restated $1.5 billion five-year unsecured revolving credit facility (the “Facility”). The Company intends to use funds borrowed under the Facility from time to time for general corporate purposes, growth and stockholder return activities. “We are very pleased with the terms achieved for this new credit facility,” said Karla Lewis, President and Chief Executive Officer of Reliance. “Our improved financial condition and upgraded credit ratings since our most recent renewal in 2020 have enabled us to secure more favorable pricing and fewer restrictive covenants. We believe this amended and restated credit agreement not only strengthens our already robust liquidity position...

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