Day: January 12, 2026
SUFFOLK, Va., Jan. 12, 2026 (GLOBE NEWSWIRE) — Hampton Roads-based TowneBank (NASDAQ: TOWN) announced today the completion of its merger with Raleigh-based Dogwood State Bank (“Dogwood”). The merger substantially enhances TowneBank’s strategic journey down the fast-growing Interstate 85 corridor from Richmond, Virginia, and into Greenville and the upstate region of South Carolina. The merger also strengthens TowneBank’s position in key North Carolina markets, including Raleigh, Charlotte, Greensboro-Winston Salem, and Greenville. In addition, the merger expands the bank’s footprint along the Eastern North Carolina coast from the Outer Banks to include Morehead City, Wilmington, and Fayetteville, together with a new location in historic Charleston, South Carolina. A location in Elizabethton, Tennessee, a city near the Tri-Cities...
Orchestra BioMed to Receive Up to $21 Million in Proceeds from Acquisition of Vivasure by Haemonetics
Written by Customer Service on . Posted in Mergers And Acquisitions.
$11 million in proceeds expected to be received during 2026, with remainder of expected proceeds to be received in future revenue earnouts
Vivasure Medical Limited (“Vivasure”) has been a strategic holding of Orchestra BioMed since the Company’s formationNEW HOPE, Pa., Jan. 12, 2026 (GLOBE NEWSWIRE) — Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO, “Orchestra BioMed” or the “Company”), a biomedical innovation company accelerating high-impact technologies to patients through risk-reward sharing partnerships, today announced that it expects to receive up to $21 million in cash proceeds in connection with the acquisition of Vivasure, an Ireland-based company pioneering next-generation technology for percutaneous vessel closure, by Haemonetics Corporation (NYSE: HAE, “Haemonetics”), which closed on January 9, 2026.
Vivasure was...
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Altair With Bunge
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ATHENS, Greece, Jan. 12, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Altair. The gross charter rate is US$14,750 per day, minus a 5.00% commission paid to third parties, for a period until minimum January 15, 2027 up to maximum March 30, 2027. The charter is expected to commence on January 17, 2026.
The “DSI Altair” is a 60,309 dwt Ultramax dry bulk vessel built in 2016.
The employment of “DSI Altair” is anticipated to generate a total of approximately US$5.30 million of gross revenue for the minimum scheduled period...
JA Development & Construction Secures Multi-Year Development Partnership in Bastrop, Texas
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BASTROP, Texas, Jan. 12, 2026 (GLOBE NEWSWIRE) — JA Development & Construction, acquired last year by Suntex Enterprises, Inc. (OTC: SNTX), announced today that it has secured a multi-year development agreement in Bastrop, Texas, establishing the company as a long-term construction and maintenance partner supporting the ongoing expansion of one of the largest technology companies in the world.
The agreement covers ongoing site maintenance, infrastructure support, and new construction activities, placing JA Development & Construction directly within a development environment defined by scale, precision, and long-term growth. The work is structured to support active operations today while enabling future expansion, creating a durable pipeline of work over multiple years.
This partnership represents a step-change in the...
Processa Pharmaceuticals to Attend 44th Annual J.P. Morgan Healthcare Conference
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VERO BEACH, Fla., Jan. 12, 2026 (GLOBE NEWSWIRE) — Processa Pharmaceuticals, Inc. (Nasdaq: PCSA), a clinical-stage biopharmaceutical company developing Next Generation Cancer (NGC) therapies, today announced that George Ng, Chief Executive Officer, and Patrick Lin, Chief Business & Strategy Officer and Founder, will attend the 44th Annual J.P. Morgan Healthcare Conference, taking place January 12-15, 2026, in San Francisco, California.
During the conference, Mr. Ng and Mr. Lin will be available for one-on-one meetings with investors and potential partners to discuss Processa’s clinical pipeline, including the ongoing Phase 2 study evaluating NGC-Cap in patients with advanced or metastatic breast cancer.
Preliminary Phase 2 data have demonstrated that NGC-Cap increases exposure to capecitabine’s cancer-killing metabolites while...
Churchill Downs Incorporated Announces Development Plans for Casino in Salem, New Hampshire
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Casino Salem to be renamed Rockingham Grand CasinoRockingham Grand CasinoRendering of exterior entrance to Rockingham Grand CasinoRockingham Grand CasinoRendering of southwest exterior of Rockingham Grand CasinoRockingham Grand CasinoRebranded logo of Rockingham Grand CasinoLOUISVILLE, Ky., Jan. 12, 2026 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today new development details related to its charitable gaming facility in Salem, New Hampshire. The company currently operates Casino Salem, located in 19,000 square-feet within The Mall at Rockingham Park. Casino Salem will be redeveloped as Rockingham Grand Casino.
Rockingham Grand Casino will occupy 160,000 square-feet over three floors and will feature 825 historical racing machines, 32 table games,...
PacBio Announces Plans for Collaboration With n-Lorem Foundation and EspeRare to Advance Precision Therapies for Rare Genetic Diseases
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The planned collaboration highlights the role of complete genome resolution in scaling n-of-1 therapeutic models
MENLO PARK, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) — PacBio (NASDAQ: PACB), developer of the world’s most advanced sequencing technologies, today announced plans to pursue a strategic collaboration with the n-Lorem Foundation and EspeRare that we believe will position long-read whole-genome sequencing as enabling infrastructure to support the development of individualized antisense oligonucleotide (ASO) therapies for ultra-rare genetic diseases.
Under the proposed collaboration, PacBio will provide its scientific expertise, and the collaboration will utilize PacBio’s long-read whole genome sequencing technology, to study the design, feasibility assessment, and molecular characterization of ASO therapies – to help...
CN Files Motion to Force Disclosure in UP-NS Merger Review
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Incomplete Application Prevents Those Impacted from Assessing Competition Harms
HOMEWOOD, Ill., Jan. 12, 2026 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced that it has filed a motion with the Surface Transportation Board (STB) to compel additional information in relation to the proposed merger agreement between Union Pacific (UP) and Norfolk Southern (NS). CN’s motion shows that the applicants have not been upfront with their assessment, failing to outline the full extent of competitive harms as a result of the merger, one of many problems with the application.
“Given the scale and stakes of the proposed combination, the applicants must meet the highest standard of transparency and compliance. The information the applicants refuse to disclose is critical to understand their perspective on anticipated competitive...
Amber Grid Investor’s Calendar for 2026
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12th January 2026 Amber Grid plans to announce its 2026 operating results and convene the Annual General Meeting of Shareholders in the following order:
• 27.02.2026 – interim information for the 12 months of 2025;• 25.03.2026 – the 2025 Integrated Annual Report, which includes the Management and Sustainability reports as well as the audited set of financial statements, verified by auditors;• 25.03.2026 – notice of convening the Ordinary General Meeting of Shareholders,• 17.04.2026 – resolutions of the Ordinary Annual General Meeting of Shareholders;• 08.05.2026 – interim information for the 3 months of 2026;• 07.08.2026 – interim information for the 6 months of 2026;• 06.11.2026 – interim information for the 9 months of 2025.
The individual authorised by AB Amber Grid (the issuer) to provide...
Ai Technology Group and AVM Biotechnology Provide Merger and Operational Update
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RENO, Nev. and SEATTLE, Jan. 12, 2026 (GLOBE NEWSWIRE) — Ai Technology Group Inc. (OTCID:AIPG) (the “Company”) and AVM Biotechnology Inc. (“AVM”, the Washington State company that is the subject of the proposed merger) provide this joint press release.
The Company continues with the funding of their proposed merger with AVM on an exclusive basis and announces we are in the process of extending funding dates to accommodate extended merger and financial audit timelines. The Company and AVM look forward to the planned merger during 2026 to continue and facilitate corporate growth of the combined entities.
In addition, AVM has re-commenced its FDA Phase 2 Clinical Trial on relapsed and refractory Non-Hodgkins Lymphoma (“OPAL Trial”) for their small molecule immunomodulatory drug, AVM0703, working with Insight68 an innovative Ai-driven...
