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Day: January 2, 2025

NEXGEL Appoints Joseph F. McGuire as Chief Financial Officer

LANGHORNE, Pa., Jan. 02, 2025 (GLOBE NEWSWIRE) — NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of medical and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogels for healthcare and consumer applications, today announced the appointment of Joseph F. McGuire as Chief Financial Officer, effective January 1, 2025. Adam E. Drapczuk III, current Chief Financial Officer, will remain with the Company as a consultant. Adam Levy, Chief Executive Officer, stated, “As our business continues to experience high growth, it is imperative we consistently acquire talented and experienced professionals to join our team particularly in operations and finance. Joe brings many decades of public company and financial experience that will be invaluable during this critical juncture in our...

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Gentex Unites the Connected Car and the Smart Home with the Next Generation of HomeLink

HomeLink Car-to-Home Automation SystemGentex announced today that it will unveil the newest version of its HomeLink car-to-home automation system next week at CES 2025 in Las Vegas. The latest HomeLink will be compatible with Apple CarPlay and Android Auto, operate a broad range of smart home products from leading brands such as Amazon and Samsung Smart Things, and allow users to operate certain Wi-Fi-connected garage doors via smartphone or vehicle-integrated app.ZEELAND, Mich., Jan. 02, 2025 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX) announced today that it will unveil the newest version of its HomeLink car-to-home automation system next week at CES 2025 in Las Vegas. The latest HomeLink will be compatible with Apple CarPlay and Android Auto, operate a broad range of smart home products from leading brands...

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Apollo to Announce Fourth Quarter and Full Year 2024 Financial Results on February 4, 2025

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) plans to release financial results for the fourth quarter and full year 2024 on Tuesday, February 4, 2025, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event. Apollo distributes its earnings releases via its website and email lists. Those interested in receiving firm updates by email can sign up for them here. About Apollo Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more...

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Financial Institutions, Inc. Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

WARSAW, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the fourth quarter and full year ending December 31, 2024 after the market closes on January 30, 2025. Management will host an earnings conference call and audio webcast on January 31, 2025 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. Within the United States, listeners may access the call by dialing 1-833-470-1428 and providing the access code 393817. The live webcast will also be available in listen-only mode on the Company’s website at www.FISI-Investors.com. The webcast replay will be available on the...

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Verizon Frontline showcases advanced communications solutions at EDGE25

The EDGE25 keynote will be delivered by Verizon Frontline and the U.S. Secret Service LAS VEGAS, Jan. 02, 2025 (GLOBE NEWSWIRE) — Verizon Frontline will demonstrate several innovative solutions designed to deliver mission-critical communications capabilities to public safety, government, and military agencies during the 20th annual EDGE conference (January 5-7), hosted by the Government Business Executive Forum (GBEF). EDGE25 is an interactive conference that includes executive roundtable discussions and exhibits and is only open only to senior professionals from local, state, and federal government agencies and NATO partner nations. This year’s keynote for the event will be delivered by Bryan Schromsky, director, public sector solutions architect with Verizon Business, Jason Mitchell, associate director of the Verizon Frontline...

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Carmell Announces Execution of Definitive Agreement to Acquire Elevai Skincare, a leader in Physician Dispensed Exosome Skin and Hair Care Products

NEWPORT BEACH, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc (NASDAQ: ELAB), a diversified holding company, and Carmell Corporation (Nasdaq: CTCX), a bio-aesthetics company focused on skin and hair health (“Carmell”, the “Company”, “we”, “our”, or “us”), today announced that it entered into a definitive purchase agreement with PMGC Holdings Inc. (formerly Elevai Labs Inc.) and its wholly owned subsidiary, Elevai Skincare Inc. (“Elevai”), to acquire the assets related to its skincare and haircare business (the “Acquisition”). The purchase consideration for the Acquisition is as follows:Approximately $1.1 million in Carmell common stock at the closing of the Acquisition (the “Closing”); Approximately $57,000 in cash upon the sale of specified inventory existing as of the Closing; Contingent earnout consideration consisting...

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Carmell Announces Execution of Definitive Agreement to Acquire Elevai Skincare, a leader in Physician Dispensed Exosome Skin and Hair Care Products

PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) — Carmell Corporation (Nasdaq: CTCX), a bio-aesthetics company focused on skin and hair health (“Carmell”, the “Company”, “we”, “our”, or “us”), today announced that it entered into a definitive purchase agreement with PMGC Holdings Inc. (formerly Elevai Labs Inc.) and its wholly owned subsidiary, Elevai Skincare Inc. (“Elevai”), to acquire the assets related to its skincare and haircare business (the “Acquisition”). The purchase consideration for the Acquisition is as follows:Approximately $1.1 million in Carmell common stock at the closing of the Acquisition (the “Closing”); Approximately $57,000 in cash upon the sale of specified inventory existing as of the Closing; Contingent earnout consideration consisting of:5% of net sales from Elevai’s existing products paid annually during...

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MICA Announces $16 Million Dividend

$95 Million Returned to Policyholders in the Last 5 Years PHOENIX, Jan. 02, 2025 (GLOBE NEWSWIRE) — Today Mutual Insurance Company of Arizona® (MICA) announced that its Board of Trustees has declared a policyholder dividend of $16 million. The dividend will be allocated among participating policyholders who are current members as of December 31, 2024, the record date. “As a mutual insurer, our member-policyholders are at the heart of everything we do,” said Edward G. Marley, MICA President and CEO. “This dividend is a testament to our financial strength and commitment to offering unique value for our medical professional liability policyholders. We’re proud to share our success directly with our insureds once again.” The dividend represents approximately 18% of a policyholder’s 2024 annual premium for those members insured by MICA...

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Trustee appointed for the arbitration proceedings concerning the redemption of minority shares in Innofactor Plc

Innofactor Plc | Stock Exchange Release | January 2, 2025 at 15:00 EET Trustee appointed for the arbitration proceedings concerning the redemption of minority shares in Innofactor Plc Onni Bidco Oy (“Onni Bidco”) has, by submitting an application to the Redemption Board of the Finland Chamber of Commerce dated December 2, 2024, commenced redemption proceedings in respect of Innofactor Plc’s (“Innofactor”) minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Innofactor. Due to Onni Bidco’s application for the above-mentioned arbitration proceedings, the Redemption Board of the Finland Chamber of Commerce has petitioned the District Court of Länsi-Uusimaa for the appointment of a trustee...

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American-Armenian Hollywood Producer and Former Fashion Designer Arthur Sarkissian Joins Limitless X Holdings Board of Directors, Fuels Global Growth and Innovation

Limitless X Holdings, Inc.Arthur Sarkissian, Director (left), Jas Mathur, Chairman (right)LOS ANGELES, CA, Jan. 02, 2025 (GLOBE NEWSWIRE) — Limitless X Holdings Inc., a company dedicated to inspiring and empowering individuals while also maximizing shareholder value through a dynamic, value-driven ecosystem that integrates health, wellness, entertainment, fintech and real estate, is excited to announce the appointment of renowned Hollywood producer Arthur Sarkissian to its Board of Directors. With over 40 years of experience in the entertainment industry, Sarkissian brings a wealth of expertise in leadership, creativity, and entrepreneurship. His successful film production ventures, coupled with his strategic vision, will be instrumental in advancing Limitless X’s growth and innovation, particularly for its new subsidiary,...

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