Private Securities Litigation Reform Act

Evelo Biosciences Presents Data on EDP1815 Mechanism of Action and Supporting Ongoing Clinical Development for Inflammatory Diseases

Retrieved on: 
Monday, January 17, 2022 - 12:00pm

The data were presented in two posters on Saturday, January 15, 2022, at the 2022 Winter Clinical Dermatology Congress in Koloa, Hawaii.

Key Points: 
  • The data were presented in two posters on Saturday, January 15, 2022, at the 2022 Winter Clinical Dermatology Congress in Koloa, Hawaii.
  • The data presented today build on the substantial evidence accumulated through our clinical and preclinical work, deepening our understanding of the mechanism by which EDP1815 drives its clinical effects.
  • B.Chir, Dermatology and Pharmacology Physician at Addenbrookes Hospital and Immunology Clinical Lead of Evelo.
  • Evelo currently has three product candidates in development: EDP1815, EDP1867, and EDP2939 for the treatment of inflammatory diseases.

Fanhua Announces Headquarter Office Relocation

Retrieved on: 
Monday, January 17, 2022 - 8:41am

GUANGZHOU, China, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the relocation of its headquarter office from 27th Floor, Pearl River Tower, No.

Key Points: 
  • GUANGZHOU, China, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the relocation of its headquarter office from 27th Floor, Pearl River Tower, No.
  • Contact details of the new office are as below:
    Fanhua Inc. is a leading independent financial services provider.
  • These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Fanhua and the industry.
  • Further information regarding risks and uncertainties faced by Fanhua is included in Fanhua's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

Loop Industries, Inc.: Loop Industries Announces Selection of Port-Jérôme, in Normandy, France, as Site for First European Infinite Loop Manufacturing Facility

Retrieved on: 
Monday, January 17, 2022 - 7:04am

Loop Industries, Inc.: Loop Industries Announces Selection of Port-Jrme, in Normandy, France, as Site for First European Infinite Loop Manufacturing Facility

Key Points: 
  • Loop Industries, Inc.: Loop Industries Announces Selection of Port-Jrme, in Normandy, France, as Site for First European Infinite Loop Manufacturing Facility
    Loop Industries Announces Selection of Port-Jrme, in Normandy, France, as Site for First European Infinite Loop Manufacturing Facility
    MONTREAL, QC / ACCESSWIRE / January 16, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company, whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced the selection of the site for its first European Infinite Loop(TM) manufacturing facility.
  • Following the completion of permitting, construction of the facility is expected to begin in 2023, with commissioning approximately 18 months later.
  • The Infinite Loop(TM) manufacturing model is designed to produce 70,000 tonnes of PET resin made from 100% recycled content per year.
  • Mr. Morin stated, "I am pleased that Loop Industries has selected Normandy, after considering numerous site options in France and abroad.

FCFS ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against FirstCash Holdings, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Case

Retrieved on: 
Saturday, January 15, 2022 - 1:30am

If you suffered significant losses and wish to serve as lead plaintiff of the FirstCash class action lawsuit, please provide your information by clicking here .

Key Points: 
  • If you suffered significant losses and wish to serve as lead plaintiff of the FirstCash class action lawsuit, please provide your information by clicking here .
  • Lead plaintiff motions for the FirstCash class action lawsuit must be filed with the court no later than March 15, 2022.
  • A lead plaintiff acts on behalf of all other class members in directing the FirstCash class action lawsuit.
  • ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: With 200 lawyers in 9 offices nationwide, Robbins Geller Rudman & Dowd LLP is the largest U.S. law firm representing investors in securities class actions.

China SXT Pharmaceuticals, Inc. Announces Proposed Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares

Retrieved on: 
Friday, January 14, 2022 - 10:43pm

The pre-funded warrants shall be offered at the same price per share as the ordinary shares, less the $0.0001 per share exercise price of each pre-funded warrant.

Key Points: 
  • The pre-funded warrants shall be offered at the same price per share as the ordinary shares, less the $0.0001 per share exercise price of each pre-funded warrant.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • This offering is being made pursuant to an effective shelf registration statement on Form F-3 (No.
  • Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov.

Hercules Capital Prices Upsized Public Offering of $350.0 Million 3.375% Notes due 2027

Retrieved on: 
Friday, January 14, 2022 - 10:33pm

Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), today announced that it has priced an underwritten public offering of $350.0 million in aggregate principal amount of 3.375% notes due January 2027 (the Notes).

Key Points: 
  • Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), today announced that it has priced an underwritten public offering of $350.0 million in aggregate principal amount of 3.375% notes due January 2027 (the Notes).
  • The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on January 20, 2022.
  • Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and SMBC Nikko Securities America, Inc. are acting as joint book-running managers of this offering.
  • In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).

Phoenix New Media Receives Notice Regarding NYSE Continued Listing Standard

Retrieved on: 
Friday, January 14, 2022 - 10:00pm

This press release is issued within the 30-day period following receipt of such notice as required under the NYSE rules.

Key Points: 
  • This press release is issued within the 30-day period following receipt of such notice as required under the NYSE rules.
  • The Company has six months ("the Cure Period") following receipt of the notice to regain compliance with the minimum share price requirement.
  • During the Cure Period, the Company's ADSs will continue to be listed and traded on the NYSE, subject to its compliance with other NYSE continued listing standards and other rights of the NYSE to delist the ADSs.
  • Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China.

CooTek Announces Receipt of NYSE Non-Compliance Letter

Retrieved on: 
Friday, January 14, 2022 - 10:00pm

Accordingly, the Company is now subject to the procedures as set forth in Sections 801 and 802 of the NYSE Listed Company Manual, and is required to respond within 90 days of the Letter with a business plan that demonstrates compliance with the continued listing standard within 18 months of receipt of the Letter.

Key Points: 
  • Accordingly, the Company is now subject to the procedures as set forth in Sections 801 and 802 of the NYSE Listed Company Manual, and is required to respond within 90 days of the Letter with a business plan that demonstrates compliance with the continued listing standard within 18 months of receipt of the Letter.
  • The business plan will be reviewed for final disposition by the Listings Operations Committee of the NYSE.
  • To address this issue, CooTek intends to comply with the applicable procedures and is still considering its options to regain compliance.
  • CooTek is a mobile internet company with a global vision that offers content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and mobile games.

OneSmart International Education Group Announces ADS Ratio Change

Retrieved on: 
Friday, January 14, 2022 - 10:00pm

SHANGHAI, Jan. 14, 2022 (GLOBE NEWSWIRE) -- OneSmart International Education Group Limited ("OneSmart" or the "Company") (NYSE: ONE ) today announced that it will change the ratio of its American depositary shares ("ADSs") representing its Class A ordinary shares from one (1) ADS representing forty (40) Class A ordinary share to one (1) ADS representing one thousand (1,000) Class A ordinary shares.

Key Points: 
  • SHANGHAI, Jan. 14, 2022 (GLOBE NEWSWIRE) -- OneSmart International Education Group Limited ("OneSmart" or the "Company") (NYSE: ONE ) today announced that it will change the ratio of its American depositary shares ("ADSs") representing its Class A ordinary shares from one (1) ADS representing forty (40) Class A ordinary share to one (1) ADS representing one thousand (1,000) Class A ordinary shares.
  • For OneSmart's ADS holders, the change in the ADS ratio will have the same effect as a one-for-twenty-five reverse ADS split.
  • As a result of the change in the ADS ratio, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the change in the ADS ratio will be equal to or greater than twenty-five times the ADS price before the change.
  • Founded in 2008 and headquartered in Shanghai, OneSmart International Education Group Limited currently provides non-subject based tutoring to students in China.

Apollo Senior Floating Rate Fund Inc. Declares January 2022 Monthly Distribution of $0.080 Per Share

Retrieved on: 
Friday, January 14, 2022 - 9:15pm

These statements include, but are not limited to, discussions related to the Funds expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis.

Key Points: 
  • These statements include, but are not limited to, discussions related to the Funds expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis.
  • These forward-looking statements are based on managements beliefs, as well as assumptions made by, and information currently available to, management.
  • When used in this release, the words believe, anticipate, estimate, expect, intend and similar expressions are intended to identify forward-looking statements.
  • Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct.