Day: September 26, 2024

Foxx Development Closes Business Combination with Acri Capital Acquisition Corporation and Will Begin Trading on Nasdaq

Written by Customer Service on September 26, 2024. Posted in Mergers And Acquisitions.

Business Combination between Foxx Development Inc. and Acri Capital Acquisition Corporation closed on September 26, 2024 Trading of common stock and warrants of the new public company, Foxx Development Holdings Inc., commence on Nasdaq on September 27, 2024 under the ticker symbols “FOXX” and “FOXXW”Austin, TX, Sept. 26, 2024 (GLOBE NEWSWIRE) — Foxx Development Holdings Inc. (Nasdaq: FOXX), a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients, today announced the successful closing of the previously announced business combination (“the Business Combination”) between Foxx Development Inc. (“Foxx”) and Acri Capital Acquisition Corporation (“Acri”), a publicly traded special purpose acquisition company. Acri stockholders approved...

Cue Biopharma Announces Proposed Public Offering

Written by Customer Service on September 26, 2024. Posted in Public Companies.

BOSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) — Cue Biopharma, Inc. (Nasdaq: CUE), a clinical-stage biopharmaceutical company developing a novel class of therapeutic biologics to selectively engage and modulate disease-specific T cells, today announced that it is commencing an underwritten public offering of shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and accompanying warrants to purchase shares of common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. All of the securities are being offered by Cue Biopharma. Oppenheimer & Co. is acting as sole book-running manager for the offering. Newbridge Securities Corporation is acting as co-manager...

Wabash and Steel Dynamics Forge 10-Year Strategic Partnership

Written by Customer Service on September 26, 2024. Posted in Public Companies.

New agreement secures priority access to critical, domestic steel supplies, solidifying Wabash’s ability to meet growing industry demands LAFAYETTE, Ind., Sept. 26, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced a 10-year strategic agreement with Steel Dynamics, Inc., a leading steel producer and metal recycler in North America. This partnership will secure critical steel components, including hot-rolled, galvanized, and painted steel coils and steel crossmembers, to support Wabash’s extensive transportation solutions portfolio of van trailers, tank trailers, platform trailers and truck bodies. “We are excited to formalize our long-standing relationship with Steel Dynamics,” said Richard Mansilla, vice president,...

Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results

Written by Customer Service on September 26, 2024. Posted in Earnings Releases And Operating Results.

ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023. The following comparable sales data reflect comparable locations year-over-year and comparable retail weeks. Comparable sales were as follows: 16 Weeks 16 Weeks 52 Weeks 52 Weeks Adjusted* Adjusted*U.S. 5.3% 6.3% 4.5% 5.0%Canada 5.5% 7.9% 7.0% 8.1%Other...

Better Choice Company to Present at the 2024 ThinkEquity Conference and Provides Detail on Sales in China and the Acquisition of SRx Health

Written by Customer Service on September 26, 2024. Posted in Mergers And Acquisitions.

Sustained Sales Momentum in China in Q3 Following 37% Sequential Growth in Q2 Acquisition of SRx Health Remains On-Track TAMPA, Fla., Sept. 26, 2024 (GLOBE NEWSWIRE) — Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced it will present at the ThinkEquity Conference on October 30th, 2024 at the Mandarin Oriental Hotel in New York City. During the conference, management will provide updates on its international sales performance and the ongoing acquisition of SRx Health. Key Highlights will Include:China Sales Growth: The Company continues to experience sales growth internationally, with sales from China increasing 37% sequentially for the second quarter of 2024 as compared to the first quarter of 2024. International sales account for approximately 28% of Better...

21Shares AG Announcement: 2024 Interim Financial Statements

Written by Customer Service on September 26, 2024. Posted in Public Companies.

26 September 2024 Announcement: 2024 Interim Financial Statements 21Shares AG, the issuer of ETPs listed on various trading venues, has published its interim financial statements for the six months ending 30 June 2024. The financial statements are available at: https://21shares.com/ir/financials Contact: Email: press@21.co Phone: +41 44 260 86 60 About 21Shares AG: 21Shares AG, Pelikanstrasse 37, 8001 Zurich, is a Swiss corporation registered in the commercial register of Zurich under the number CHE-347.562.100. It was incorporated on 27 July 2018 and its purpose is the issuance of Exchange Traded Products (ETPs) in Switzerland and worldwide.

Ninepoint Partners Announces Final September 2024 Cash Distribution for Ninepoint Cash Management Fund – ETF Series

Written by Customer Service on September 26, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final September 2024 cash distribution for the Ninepoint Cash Management Fund – ETF Series. The record date for the distribution is September 27, 2024. This distribution is payable on October 7, 2024. The per-unit final September distribution is detailed below:Ninepoint ETF Series Ticker Cash Distribution per unit Notional Distribution per unit CUSIPNinepoint Cash Management Fund NSAV $0.15667 $0.00000 65443X105About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have...

FDA Lifts Clinical Hold on BMF-219 in Type 2 and Type 1 Diabetes Trials

Written by Customer Service on September 26, 2024. Posted in Public Companies.

REDWOOD CITY, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) — Biomea Fusion, Inc. (“Biomea” or the “Company”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing oral covalent small molecules to treat and improve the lives of patients with metabolic diseases and genetically defined cancers, today announced that the U.S. Food and Drug Administration (FDA) has lifted the clinical hold on Biomea’s ongoing Phase I/II clinical trials of the Company’s investigational covalent menin inhibitor BMF-219 in type 2 and type 1 diabetes (COVALENT-111 and COVALENT-112), respectively. “We greatly appreciate FDA’s review of our data, and the swift resolution of the clinical trial hold. The in-depth review of the clinical data to date reconfirms our confidence in BMF-219 as a novel, first-in-class agent for...

SCOR acquires Altarea’s stake in MRM. Following the acquisition, SCOR intends to file a simplified public tender offer

Written by Customer Service on September 26, 2024. Posted in Public Companies.

Press releaseSeptember 26, 2024 – N° 13 SCOR acquires Altarea’s stake in MRM.Following the acquisition, SCOR intends to file a simplified public tender offer To read this information in full, please confirm that you have read and understood the disclaimer on SCOR’s website here. * * *SCOR, a leading global reinsurer As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society. The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide. For...

Healthcare costs at a post-pandemic high, US employers prioritize affordability and wellbeing

Written by Customer Service on September 26, 2024. Posted in Public Companies.

Plan redesign outweighs cost-shifting to reduce the cost of care, WTW survey finds NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) — As the cost of healthcare in the U.S. rises to a record high since the COVID-19 pandemic, nearly half of employers expect healthcare costs will exceed budget projections this year. In response, employers are embracing different approaches to safeguard program affordability for their companies as well as for their employees. While focusing on more competitive, cost-effective plan designs to control costs, they are seeking to maintain employee wellbeing, according to a new survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. WTW’s 2024 Best Practices in Healthcare Survey found that U.S. employers project their healthcare costs will increase by 7.7% in 2025, compared with...

Day: September 26, 2024

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