Rehabilitation

NV5 Awarded $27 Million by the California Department of Transportation District 6 for Not at Risk Construction Management Services

Retrieved on: 
Monday, March 18, 2024

HOLLYWOOD, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $27 million contract by the California Department of Transportation (Caltrans) District 6 to provide construction management for not at-risk services.

Key Points: 
  • HOLLYWOOD, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $27 million contract by the California Department of Transportation (Caltrans) District 6 to provide construction management for not at-risk services.
  • NV5 will deliver construction inspection, office engineering, claims support, and constructability support services for transportation projects within Caltrans District 6, serving Fresno, Kern, Kings, Madera, and Tulare counties.
  • “We take great pride in our many years of ongoing services to support Caltrans,” said Todd George, PE, COO at NV5.
  • “We look forward to leveraging our expertise to advance vital transportation projects that positively impact the communities we serve.”

Lifeward Announces Reverse Share Split

Retrieved on: 
Wednesday, March 13, 2024

MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, March 13, 2024 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (DBA Lifeward™), (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life’s passions in the face of physical limitation or disability, today announced that effective with the open of the market on Friday, March 15, 2024, the Company will complete a 1-for-7 reverse split of its ordinary shares.

Key Points: 
  • The Company’s shareholders also voted to authorize the Company’s Board of Directors to approve conforming amendments to the Company’s Articles of Association to reflect any such reverse share split.
  • The Board has now resolved to set the reverse share split at the ratio of 1-for-7 shares, and to amend the Company’s Articles of Association accordingly.
  • In particular, the Company expects the reverse split to increase the per share price and bid price of its ordinary shares above the minimum $1.00 per share threshold required by Nasdaq.
  • The reverse split will reduce the authorized and outstanding number of the Company’s ordinary shares while increasing the par value of the ordinary shares in reverse proportion to the decrease in the number of authorized shares.

NeuroMetrix announces that over 2000 patients with fibromyalgia have been prescribed Quell® Fibromyalgia

Retrieved on: 
Wednesday, March 13, 2024

WOBURN, Mass., March 13, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (NASDAQ: NURO) today announced that over 2000 fibromyalgia patients have been prescribed Quell Fibromyalgia since its strategic commercial launch in December 2022.

Key Points: 
  • WOBURN, Mass., March 13, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (NASDAQ: NURO) today announced that over 2000 fibromyalgia patients have been prescribed Quell Fibromyalgia since its strategic commercial launch in December 2022.
  • “We have been pleased by the positive response to Quell Fibromyalgia from providers taking care of patients with fibromyalgia during our strategic launch phase,” said Shai N. Gozani, M.D., Ph.D., Chief Executive Officer of NeuroMetrix.
  • In my practice, we have even had some patients report they were able to reduce pain with Quell Fibromyalgia that medications have never helped before."
  • The sale, distribution, and use of Quell Fibromyalgia is restricted to prescription use in accordance with 21 CFR 801.109.

Michael Sokorai Joins Hill International as Senior Vice President, Global Information Technology

Retrieved on: 
Wednesday, March 13, 2024

MOUNT LAUREL, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today that Michal Sokorai has joined the company as Senior Vice President, Global Information Technology (IT).

Key Points: 
  • MOUNT LAUREL, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today that Michal Sokorai has joined the company as Senior Vice President, Global Information Technology (IT).
  • In this role, Sokorai will expand and enhance Hill’s global IT operations and cybersecurity posture, streamlining processes and technology to accelerate business growth and productivity.
  • Sokorai comes to Hill with more than 25 years of experience in the technology sector.
  • Prior to these roles, Sokorai oversaw IT operations as Vice President of Information Technology at Hersha Hospitality Management and was responsible for managing global IT operations as Acting CIO and Director of IT at Pacific Architects & Engineers (PAE).

Helius Medical Technologies, Inc. Initiates Open-Label Study for Registrational Program in Stroke

Retrieved on: 
Tuesday, March 12, 2024

NEWTOWN, Pa., March 12, 2024 (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 the initiation of an open-label study for its registrational program in stroke. The program was established based on encouraging early trial results as well as real-world evidence from Canada, where PoNS is already authorized for treatment of stroke, and aims to establish the effects of cranial-nerve non-invasive neuromodulation (“CN-NINM”), delivered using PoNS Therapy®, on gait and dynamic balance in chronic stroke survivors.

Key Points: 
  • -- Results will support efforts to achieve U.S. authorization under PoNS’s breakthrough designation for stroke --
    NEWTOWN, Pa., March 12, 2024 (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 the initiation of an open-label study for its registrational program in stroke.
  • Under the direction of Mark Bowden, PT, PhD, Brooks Rehabilitation (“Brooks Rehabilitation”) will be the first site to enroll patients.
  • Brooks Rehabilitation is already a participant site to the Company’s ongoing investigator-initiated, placebo-controlled study in stroke, led by Dr. Steven Kautz at the Medical University of South Carolina (“MUSC”).
  • “PoNS Therapy has the potential to meaningfully improve the lives of over five million stroke patients affected by walking and balance disability.

FHLBank Pittsburgh, Rep. Lisa Blunt Rochester, Delaware Officials Join in Announcing Affordable Housing Awards in Harrington and $66.7 Million in Newly Available Affordable Housing Funding

Retrieved on: 
Thursday, April 4, 2024

at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.

Key Points: 
  • at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.
  • A second grant of $750,000 was presented to West End Neighborhood House from FHLBank and Community Bank Delaware.
  • The event also highlighted $114.2 million new funding opportunities, including $66.7 million for additional affordable housing, through FHLBank member institutions including:
    “I was so glad to be in Harrington, Delaware, to announce new investments in safe, stable, and affordable housing.
  • Affordable housing is the foundation for safe and prosperous communities, and in Delaware, we know too well how we need to increase our affordable housing supply,” said Rep. Blunt Rochester (D-Del.).

UFC® Names Hostage Tape Official Sleep Aid Partner

Retrieved on: 
Thursday, April 4, 2024

UFC, the world’s premier mixed martial arts organization, and Hostage Tape, a leading sleep aid company, today announced a marketing partnership that will see Hostage Tape strategically activate its brand within some of UFC’s most significant assets.

Key Points: 
  • UFC, the world’s premier mixed martial arts organization, and Hostage Tape, a leading sleep aid company, today announced a marketing partnership that will see Hostage Tape strategically activate its brand within some of UFC’s most significant assets.
  • View the full release here: https://www.businesswire.com/news/home/20240404032148/en/
    Hostage Tape mouth tape is the "Official Sleep Aid of the UFC".
  • (Photo: Business Wire)
    Under the new agreement, Hostage Tape will become the Official Sleep Aid Partner of UFC with global exclusivity in several product categories, including mouth tape, nose strips, and sleep masks.
  • For a limited time, Hostage Tape is offering a UFC Hostage Tape sample pack with five nights of mouth tape & nose strips.

Rio Tinto to manage the Ranger Rehabilitation Project for ERA

Retrieved on: 
Wednesday, April 3, 2024

Rio Tinto will manage the Ranger Rehabilitation Project in Australia’s Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a new Management Services Agreement (MSA) signed today.

Key Points: 
  • Rio Tinto will manage the Ranger Rehabilitation Project in Australia’s Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a new Management Services Agreement (MSA) signed today.
  • Transition to Rio Tinto management of the project will start immediately and is expected to take about three months.
  • The agreement follows an approach to Rio Tinto from ERA’s Independent Board Committee (IBC) to submit a proposal to provide services and advice to progress the project.
  • Management of ERA matters outside the Ranger Rehabilitation Project, including corporate matters, financial affairs, assets and governance will remain the responsibility of ERA.

Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $850K for Rio Manor Apartments Renovation

Retrieved on: 
Thursday, March 28, 2024

Prospera Housing Community Services (Prospera) was awarded an $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through its member Wells Fargo, to help fund the renovation of Rio Manor Apartments, a 60-unit multifamily apartment community in Del Rio, Texas.

Key Points: 
  • Prospera Housing Community Services (Prospera) was awarded an $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through its member Wells Fargo, to help fund the renovation of Rio Manor Apartments, a 60-unit multifamily apartment community in Del Rio, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20240328255708/en/
    Representatives from organizations involved in the project break ground for Rio Manor Apartments additions in Del Rio, Texas.
  • “Wells Fargo is proud and honored to be the construction lender on this impactful project.”
    In 2023, FHLB Dallas awarded $28.4 million in AHP grants to 43 affordable housing projects.
  • “It’s great to see the AHP funds used toward a renovation that will help Del Rio residents live affordably and comfortably.”

WSFS CARES Foundation Provides More Than $185K in First Quarter Grants to Community Organizations

Retrieved on: 
Wednesday, March 27, 2024

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to five organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation.

Key Points: 
  • The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to five organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation.
  • “The mission of the WSFS CARES Foundation is to support nonprofits that are invested in improving communities and fostering a spirit of inclusion and diversity,” said Patrick J.
  • Ward, Executive Vice President, Pennsylvania Market President at WSFS Bank and Chairman of the WSFS CARES Foundation.
  • We are grateful to WSFS for their investment in the revitalization of this Wilmington, Delaware community.”