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Year: 2024

AVITA Medical Announces FDA 510(k) Clearance for Cohealyx, Expanding its Addressable Market

New collagen-based dermal matrix designed for tissue generation, complementary to RECELL and PermeaDerm Cohealyx expected to triple AVITA Medical’s addressable market in burnsVALENCIA, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for Cohealyx™, a new collagen-based dermal matrix branded by AVITA Medical and co-developed with Regenity Biosciences. Cohealyx is designed for tissue integration and revascularization to facilitate wound healing, reduce treatment timelines, and improve patient outcomes in the treatment of full-thickness wounds. Burns and full-thickness...

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Mattr Corp. Announces Closing of Debt Subscription Receipt Offering

TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of debt subscription receipts (the “Subscription Receipts”) for aggregate gross proceeds of approximately $129.3 million. The Offering proceeds, less the underwriters’ fee and expenses, are being held in escrow pending the satisfaction or waiver of certain conditions, following which, the Subscription Receipts will convert into Notes, as described below. Mattr intends to use the net proceeds of the Offering to pay a portion of the purchase price for the Company’s previously announced indirect acquisition (the “Acquisition”) of all of the issued and outstanding shares of AmerCable Incorporated. Subject to the satisfaction of certain...

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Jura Announces Highly Favorable Resolution of Arbitration Proceedings Regarding Badin IV North and South Blocks

CALGARY, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) — Jura Energy Corporation (“Jura” or the “Company”) is pleased to announce that it has received a highly favorable ruling in its International Chamber of Commerce (“ICC”) arbitration proceedings involving Jura’s operating subsidiaries, Spud Energy Pty Limited (“Spud”) and Frontier Holdings Limited (“FHL”) (together the “Claimants”), and Petroleum Exploration (Private) Limited (“PEL”), the operator of the Badin IV North and South blocks (together the “Badin Blocks”). As previously disclosed by Jura, in 2022, PEL attempted to invoke the forfeiture of FHL’s 27.5% working interest in the Badin Blocks for alleged non-payment of cash calls. The Claimants disputed PEL’s actions and the cash calls and initiated two arbitration proceedings against PEL. The first...

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Stifel Reports November 2024 Operating Data

ST. LOUIS, Dec. 19, 2024 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported selected operating results for November 30, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In November, total client assets under management climbed to a record $514 billion, including a record $197 billion in fee-based assets. This represents a 4% increase from the prior month, driven by strong equity markets and financial advisor recruiting. Client money market and insured product balances increased 3% from October as growth in sweep deposits and Smart Rate balances were comparable. The operating environment for our Institutional...

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Mission Produce™ Announces Fiscal 2024 Fourth Quarter Financial Results

Strong top and bottom-line results driven by ongoing strength of the Marketing & Distribution segment Operating cash flow for full year fiscal 2024 increased by $64.2 million versus fiscal 2023 OXNARD, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal fourth quarter ended October 31, 2024. Fiscal Fourth Quarter 2024 Financial Overview:Total revenue increased 37% to $354.4 million compared to the same period last year Net income of $17.3 million, or $0.24 per diluted share, compared to $4.0 million, or $0.06 per diluted share, for the same period last year Adjusted net income of $19.6 million,...

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OraSure Technologies Acquires Sherlock Biosciences

BETHLEHEM, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (“OTI”) (NASDAQ: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced the acquisition of Sherlock Biosciences, Inc., a global health company bringing next-generation diagnostics to consumers and healthcare providers. This acquisition expands OraSure’s innovation pipeline with the addition of Sherlock’s molecular diagnostics platform, which is able to provide rapid results with strong sensitivity and specificity in a disposable format that is well-suited for over-the-counter usage. Sherlock’s first molecular self-test is for Chlamydia Trachomatis (CT) and Neisseria Gonorrhoeae (NG) which will expand OraSure’s portfolio of rapid diagnostics for sexually transmitted infections (STIs), subject to regulatory...

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SEALSQ Announces Completion of a $25.0 Million Registered Direct Offering

Geneva, Switzerland, Dec. 19, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that it has completed a registered direct offer to several institutional investors of 13,157,896 ordinary shares at a public offering price of $1.90, for gross proceeds of $25.0 million (the “Offering”), before deducting commissions and offering expenses. This brings the total gross proceeds from financings completed this week to $60.0 million, before deducting commissions and offering expenses. The Company confirms that, given the terms of the financings completed in the last week, it does not currently expect to enter into any further registered direct offering...

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Carriage Services Ranked #33 on Forbes’ Most Successful Small Companies for 2025

HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) Carriage Services is proud to announce its recognition as #33 on Forbes’ prestigious list of Most Successful Small Companies for 2025. This distinction highlights the Company’s continued growth, commitment to innovation, and unwavering dedication to serving families with compassion and care. Being ranked among the top small companies in the nation reflects the collective contributions of Carriage’s remarkable team members, who each embody the Company’s purpose of creating premier experiences through innovation, empowered partnership, and elevated service. Carlos Quezada, CEO of Carriage, shared his thoughts on the achievement: “To be ranked #33 on Forbes’ Most Successful Small Companies list is an extraordinary honor that...

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CORRECTION: Change in Orion Group Executive Management Board as of 1 June 2025 – Mikko Kemppainen appointed General Counsel

Mikko KemppainenPhoto of Mikko KemppainenORION CORPORATION STOCK EXCHANGE RELEASE – CHANGES BOARD/MANAGEMENT/AUDITORS 19 DECEMBER 2024 at 22.45 EET           CORRECTION: Change in Orion Group Executive Management Board as of 1 June 2025 – Mikko Kemppainen appointed General Counsel Orion corrects the stock exchange release published on 19 December at 19.00 EET. In the original English stock exchange release the first quote by CEO Liisa Hurme differs from the first quote in the Finnish stock exchange release. The quote in the Finnish version was the correct one. The corrected English stock exchange release is below. Olli Huotari, Senior Vice President responsible for Corporate Functions organization of the Orion Group and Secretary to the Board of Directors of Orion Corporation, and a member of the Executive Management Board of...

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Advantage Solutions named among Chief Marketer’s 2025 Top Agencies of the Year 

Amp, an Advantage full-service, omnichannel marketing agency, also recognized as a top agency ST. LOUIS, Dec. 19, 2024 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV), a leading provider of business solutions to consumer goods manufacturers and retailers, has been named to Chief Marketer’s 2025 Top Agencies of the Year, an honor that recognizes the “best and brightest across all agency types and channels.”  In recognizing Advantage, Chief Marketer, a leading information hub that serves Fortune 1000 marketers, noted how the organization recently “transformed its business, aligning teams, operations and service offerings under a ‘One Advantage’ model to support omnicommerce, brand activation and experiential marketing solutions for retailers and CPG brands, from everyday foods and beverages to high-consideration, high-touch...

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