Announces intent to spin out and form a growth-oriented joint venture for LanzaX, the Company’s differentiated synthetic biology platform, with Tharsis Capital joining as new LanzaX strategic partner to accelerate financing for the synbio development pipeline
Appoints new Interim Chief Financial Officer of LanzaTech to streamline biorefining platform growth priorities and heighten focus on cost reductions
CHICAGO, Jan. 21, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or “the Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, today announced its intent to form LanzaX, a business unit dedicated to its wholly-owned synthetic biology platform. LanzaTech intends to spin out LanzaX from its core biorefining business as a joint venture...
Helius Medical Technologies, Inc. Announces Exercise of Warrants and Issuance of New Warrants in a Private Placement for $3.7 Million Gross Proceeds Priced At-the-Market
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NEWTOWN, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) — Helius Medical Technologies, Inc. (Nasdaq:HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced today announced it has entered into agreements with certain holders of its existing warrants exercisable for 4,971,110 shares of its common stock, in the aggregate, to exercise outstanding warrants at a reduced exercise price of $0.751 per share, in exchange for new warrants as described below. The aggregate gross proceeds from the exercise of the existing warrants is expected to total approximately $3.7 million, before deducting financial advisory fees. The exercisability of the new warrants and any resulting issuance of the shares underlying the new warrants are subject to...
Toppoint Holdings Inc. Announces Pricing of $10 Million Initial Public Offering
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NORTH WALES, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) — Toppoint Holdings Inc. (“Toppoint” or the “Company”) today announced the pricing of its initial public offering of an aggregate of 2,500,000 shares of its common stock (the “Shares”), all of which are being offered by Toppoint at a public offering price of $4.00 per share (the “Offering”), for aggregate gross proceeds of $10 million, prior to deducting underwriting discounts and other offering expenses.
In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares of common stock at the initial public offering price, representing 15% of the Shares sold in the Offering, less underwriting discounts and commissions, to cover over-allotments. The Offering is expected to close on or about January 23, 2025, subject to satisfaction...
HYTN and SNDL to Collaborate on GMP-Compliant Vape Cartridge Development for Global Markets
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VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) — HYTN Innovations Inc. (CSE: HYTN, FSE: 85W0, OTC PINK: HYTNF) (“HYTN” or the “Company”), a company specializing in pharmaceutical-grade cannabis manufacturing, is pleased to announce that it has entered into a collaboration agreement (the Agreement) with SNDL Inc. (NASDAQ: SNDL) (“SNDL“), one of the world’s largest vertically integrated cannabis companies, to jointly develop Good Manufacturing Practices (GMP) compliant vape cartridges.
Leveraging HYTN’s GMP-certified facility and expertise in quality system development, SNDL will provide specialized equipment, cannabis consumables, and the required capital to meet stringent regulatory requirements for GMP product development. HYTN will endeavour to amend its licenses and/or certificates, establish a stability...
Citizens Business Bank Donates $200,000 to Los Angeles Wildfire Relief Organizations
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ONTARIO, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) — Citizens Business Bank (the “Bank”), a subsidiary of CVB Financial Corp. (NASDAQ: CVBF), announced today that the Bank has committed $200,000 to local community organizations directed specifically to wildfire relief.
The Bank’s $200,000 donation will be distributed to four organizations in Los Angeles County, with each receiving $50,000. The recipient organizations include Foothill Unity Center, Union Station Homeless Services, Pasadena Community Foundation’s Eaton Fire Relief & Recovery Fund and the Los Angeles Regional Food Bank.
“The wildfires continue to have a devastating impact on Southern California, and many of our customers and associates have been directly affected,” said David Brager, President and Chief Executive Officer of Citizens Business Bank, which operates...
Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Japan
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TOKYO, Jan. 22, 2025 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, has expanded its presence in the Asia-Pacific region, opening a local office in Japan to further engage in the country’s growing energy storage market.
Japan is targeting a 46% reduction in greenhouse gas emissions by 2030, with a goal of 40-50% power supply from renewable energy by 2040, roughly doubling the 22.9% share in the 2023 fiscal year, and achieving net-zero emissions by 2050. Energy storage is expected to play a critical role in stabilizing the grid and integrating more renewable energy sources into the power mix.
“We are thrilled to expand our footprint in Japan, a key market for renewable energy...
ArriVent BioPharma Enters Exclusive License with Lepu Biopharma for MRG007, an Antibody Drug Conjugate for the treatment of Gastrointestinal Cancers
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Exclusive global license outside of Greater China for MRG007, a novel antibody drug conjugate (ADC) in development for gastrointestinal (GI) cancers
First Investigational New Drug (IND) submission planned for 1H 2025
Expands ArriVent’s growing pipeline of next-generation ADCsNEWTOWN SQUARE, Pa. and SHANGHAI, Jan. 21, 2025 (GLOBE NEWSWIRE) — ArriVent BioPharma, Inc. (Company or ArriVent) (Nasdaq: AVBP) a clinical-stage company dedicated to accelerating the global development of innovative biopharmaceutical therapeutics, today announced that it has entered into an exclusive license agreement with Lepu Biopharma Co., Ltd (Stock Code: 02157.HK) for MRG007, an antibody-drug conjugate (ADC) that can target several gastrointestinal (GI) cancers. Under the terms of the agreement, ArriVent obtains the exclusive rights to develop and...
Woodward Schedules Fiscal 2025 First Quarter Earnings Release and Conference Call
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FORT COLLINS, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2025 first quarter financial results at approximately 4:00 p.m. ET on Monday, February 3, 2025. A news release will be issued at that time and a conference call will be held at 5:00 p.m. ET.
During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on February 3, 2025. The call and presentation will be available on the website by selecting “Investors/Events and Presentations” from the menu and will remain accessible on the company’s website for one year.
You may also listen to the live call by dialing 1 (800) 715-9871 (U.S. domestic) or 1 (646) 307-1963 (international)....
Bomboré Production Expansion Ahead of Schedule and on Budget
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VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide an update on its ongoing hard rock expansion at its Bomboré Gold Mine. The hard rock expansion, which is scheduled to commence operations in Q4-2025, is forecasted to increase gold production by approximately 50%, to over 170,000 ounces per year. Expansion progress and milestones achieved to date include:Early mobilization of the concrete contractor 3-months ahead of schedule, providing for multiple weeks of flexibility in the project schedule.
Foundations are progressing on multiple fronts, with CIL ring beams and pedestals for the ore bin and trash screen now complete. Foundations for the dump pocket and SAG mill are underway.
Engineering is ahead of schedule, with...
Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter Earnings of $1.27 Per Diluted Common Share
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Preliminary Financial Results and Business Update for the Quarter Ended December 31, 2024
SPRINGFIELD, Mo., Jan. 21, 2025 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended December 31, 2024, were $1.27 per diluted common share ($14.9 million net income) compared to $1.11 per diluted common share ($13.1 million net income) for the three months ended December 31, 2023.
For the quarter ended December 31, 2024, annualized return on average common equity was 9.76%, annualized return on average assets was 1.00%, and annualized net interest margin was 3.49%, compared to 9.71%, 0.91% and 3.30%, respectively, for the quarter ended December 31, 2023.
Fourth Quarter 2024 Key Results:Net Interest Income: Net interest...