October 1, 2024 – Page 6

Biomea Announces Formation of Global Scientific Advisory Board with 22 World-Renowned Diabetes Experts

Written by Customer Service on October 1, 2024. Posted in Public Companies.

International diabetes pioneers and thought leaders from 11 countries will work with Biomea leadership to unlock the potential of menin science and beta cell biology to advance BMF-219 and Biomea’s evolving pipeline REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) — Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with metabolic diseases, obesity and genetically defined cancers, today announced the formation of Biomea Fusion’s Global Scientific Advisory Board (SAB) with internationally renowned experts in beta cell science and diabetes therapeutics. The SAB will work closely with Biomea’s leadership team as they unlock menin science and beta cell biology to design disease...

American Hotel Income Properties REIT LP to Host Third Quarter 2024 Results Conference Call on November 7, 2024

Written by Customer Service on October 1, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Oct. 01, 2024 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V) announces today that it intends to release its financial results for the quarter ended September 30, 2024 after market close on Wednesday, November 6, 2024. Interested parties are invited to participate in the Company’s Q3 2024 results conference call, occurring on Thursday, November 7, 2024, at 10:00 a.m. Pacific Time. During the call, Company executives will discuss AHIP’s financial results and answer questions from analysts. To participate in the conference call, participants should register online here. A dial-in and unique PIN will be provided to join the call. Participants are requested to register a minimum of 15 minutes before the start of the call. An audio-only...

HMS Networks AB (publ) divests MB Connect Line

Written by Customer Service on October 1, 2024. Posted in Public Companies.

HMS Industrial Networks GmbH, a wholly owned subsidiary of the HMS Networks AB (publ) group, has today entered into binding agreement to divest all shares in Red Lion Europe GmbH, located in Dinkelsbühl, Germany for a cash consideration of EUR 5 million. Business operations are continued by the company’s long-standing managers. Red Lion Controls Europe GmbH is a manufacturer of secure remote access and industrial IoT and security products currently sold under the MB Connect Line brand. The rationale for the divestment is to streamline the global offer of remote access, remote data and remote monitoring solutions under the Ewon brand. The business today employs about 30 people with Net Sales of EUR 5 million for the twelve-month-period ending September 30, 2024. “We are thankful for the contribution made by the team at Red Lion...

LPL Financial Closes Its Acquisition of Atria Wealth Solutions

Written by Customer Service on October 1, 2024. Posted in Public Companies.

SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) announced the close of its acquisition of Atria Wealth Solutions, Inc., (“Atria”), a wealth management solutions holding company headquartered in New York. “The team at Atria has built a company which is aligned with our clear mission at LPL, to prioritize the advisor experience so advisors can best serve their clients,” said Rich Steinmeier, managing director and chief growth officer at LPL Financial. “Together, we’re leveraging the strengths of our companies and empowering the approximately 2,400 Atria advisors and nearly 150* banks and credit unions with the advanced technology and services to deliver exemplary financial guidance to their clients while...

Western Uranium & Vanadium Acquires Property to Advance Milling Strategy

Written by Customer Service on October 1, 2024. Posted in Public Companies.

Toronto, Ontario and Nucla, Colorado, Oct. 01, 2024 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (and together with its affiliates, “Western” or the “Company”) is pleased to announce that the Company has executed a binding Stock Purchase Agreement (the ”Agreement”) to purchase 100% of the shares of Pinon Ridge Corporation (“PRC”) and thereby acquire an approximately 900 acre property located in Montrose County, Colorado (the “PRC Site”). In connection with the Agreement, the former PRC shareholders will be paid approximately USD830,000 for their PRC equity and shareholder loan repayments. The acquisition is the second property package Western has acquired in addition to the Maverick Mineral Processing Plant site in Utah (the “Utah Site”) and is part of Western’s plans for developing and licensing...

Bioventus Announces Divestiture of its Advanced Rehabilitation Business to Accelmed Partners

Written by Customer Service on October 1, 2024. Posted in Public Companies.

DURHAM, N.C., Oct. 01, 2024 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, announced today that it has signed a definitive agreement to sell its Advanced Rehabilitation business of its subsidiary, Bioness, to Accelmed Partners (“Accelmed”), a private equity firm focused on acquiring and growing commercial-stage HealthTech companies. The transaction includes a total cash consideration of $45 million, including $25 million in cash at close (subject to a working capital adjustment) and up to $20 million in potential post-closing earn-out payments. At the time of closing, the Company expects to net approximately $20 million after fees and expenses, which will be used to repay existing debt. “This agreement reflects our deep respect for the Advanced...

180 Degree Capital Corp. Notes Average Discount of Net Asset Value Per Share to Stock Price for Ninth Month of Initial Measurement Period of Its Discount Management Program

Written by Customer Service on October 1, 2024. Posted in Public Companies.

MONTCLAIR, N.J., Oct. 01, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (“180 Degree Capital”) (NASDAQ: TURN), noted today that the average discount between its estimated daily net asset value per share (“NAV”) and its daily closing stock price during September 2024 and year-to-date through the end of September 2024, were approximately 21% and 20%, respectively.1 This discount was approximately 24% on September 30, 2024. As previously disclosed in a press release on November 13, 2023, 180 Degree Capital’s Board of Directors (the “Board”) has set two measurement periods of 1) January 1, 2024 to December 31, 2024, and 2) January 1, 2025 to June 30, 2025, in which it will evaluate the average discount between TURN’s estimated daily NAV and its closing stock price pursuant to a Discount Management Program. Should TURN’s common stock...

ButcherJoseph & Co. Has Been Nominated for Four Awards by The M&A Advisor

Written by Customer Service on October 1, 2024. Posted in Mergers And Acquisitions.

ST. LOUIS, Oct. 01, 2024 (GLOBE NEWSWIRE) — Saint Louis, MO, October 1, 2024 – The M&A Advisor has announced the award finalists for the 23rd Annual M&A Advisor Awards. ButcherJoseph & Co. was selected for four awards: the sale of Environmental Restoration to the Environmental Restoration Employee Stock Ownership Plan for the Industrials Deal of the Year and the Corporate Strategic Deal of the Year; the sale of ITR Economics to Crowe LLP for the Professional Services Deal of the Year and the M&A Deal of the Year. The winners will be revealed during a prestigious Black-Tie Awards Gala at the 2024 Future of Dealmaking Summit, taking place on November 19 & 20, 2024, in New York City. The M&A Advisor recognizes achievements, provides thought leadership, and connects elite professionals in turnarounds...

Credent Wealth Management Acquires Clarify Wealth Management, Expanding Its Geographical Reach to Cincinnati and Lafayette, IN.

Written by Customer Service on October 1, 2024. Posted in Mergers And Acquisitions.

This marks Credent’s 13th acquisition in six years and pushes the RIA’s total AUM to $3.2B Auburn, IN, Oct. 01, 2024 (GLOBE NEWSWIRE) — CX Institutional, LLC d/b/a Credent Wealth Management (“Credent”), a fee only RIA headquartered in Indiana, has announced the acquisition of Clarify Wealth Management (“Clarify Wealth”), a fee-only RIA headquartered in Cincinnati with additional locations in Columbus, Ohio and Lafayette, Indiana. The $450 million acquisition represents a significant milestone in Credent’s growth strategy, pushing its total AUM beyond $3 billion. The integration will not only expand Credent’s footprint into Cincinnati, Columbus, and Lafayette, Indiana, but also enhances the investment solutions available to Clarify Wealth’s existing clients. These enhancements include access to Credent’s unified managed account...

APA Announces Final Investment Decision for First Oil Development Offshore Suriname

Written by Customer Service on October 1, 2024. Posted in Public Companies.

50-50 joint venture with TotalEnergies’ subsidiary (Block 58 operator) for 220,000 barrels of oil per day Floating Production Storage and Offloading (FPSO) unit First oil production from the Krabdagu and Sapakara fields anticipated in 2028 Project to feature new technologies to minimize greenhouse gas emissions PARAMARIBO, Suriname, Oct. 01, 2024 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) announced today that its subsidiary has reached a positive final investment decision (FID) for the first oil development in Block 58, located offshore Suriname. The project has been named GranMorgu, which is derived from a local language and means both “new dawn” and “goliath grouper.” GranMorgu will include production from the Krabdagu and Sapakara oil discoveries, where appraisal drilling confirmed gross estimated recoverable resources...

Day: October 1, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice