Report

Correction Notice to Press Release Announcing Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock

Retrieved on: 
Thursday, December 1, 2022

Parsippany, NJ, November 30, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that it had exercised in full its right of mandatory conversion of the Company’s Series A Convertible Preferred Stock. In connection with the conversion, each share of Series A Convertible Preferred Stock has been cancelled and converted into the right to receive 423.729 shares of the Company’s Common Stock, no par value per share. Shares of the Series A Convertible Preferred Stock are no longer be outstanding and all rights of the holders to receive future dividends have terminated. As a result of the conversion, the aggregate 12,700 shares of Series A Preferred Stock outstanding were converted into 5,381,360 shares of Common Stock.

Key Points: 
  • PARSIPPANY, N.J., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that its press release issued under the headline Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock on November 30, 2022, was changed to correct the decimal point of the conversion ratio.
  • The number of shares of Common Stock into which the shares of Series A Preferred Stock converted has not changed.
  • Parsippany, NJ, November 30, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that it had exercised in full its right of mandatory conversion of the Companys Series A Convertible Preferred Stock.
  • As a result of the conversion, the aggregate 12,700 shares of Series A Preferred Stock outstanding were converted into 5,381,360 shares of Common Stock.

Vaxart Announces Collaborative Funding from Leading Foundation to Study Its Norovirus Vaccine Candidate in Breastfeeding Mothers

Retrieved on: 
Thursday, December 1, 2022

SOUTH SAN FRANCISCO, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today announced it will commence a new study of Vaxart’s oral pill norovirus vaccine candidate focused on protecting breastfeeding mothers and their infants.

Key Points: 
  • The study will receive significant funding and support from the Bill & Melinda Gates Foundation (Gates Foundation).
  • This funding follows Vaxarts previous collaboration with Duke University on a pre-clinical COVID-19 transmission study also funded by the Gates Foundation.
  • The study will examine whether Vaxarts vaccine candidate induces antibodies in the breast milk of lactating mothers and whether infants up to 6 months of age can acquire those antibodies.
  • Vaxart is also currently studying its norovirus vaccine candidate in a challenge study that will provide the vaccine 30 days before exposure to actual norovirus, and then determine whether people get infected or have severe gastroenteritis.

Global Anti-Money Laundering (AML) Market Size Expected to Reach USD 7.7 Billion by 2030, Witnessing 15.5% CAGR Growth: Polaris Market Research

Retrieved on: 
Thursday, December 1, 2022

Various benefits of anti-money laundering solutions, including strong data analysis, enhanced processing, better risk protection improved efficiency in resolving these cases, are expected to propel the anti-money laundering industry growth.

Key Points: 
  • Various benefits of anti-money laundering solutions, including strong data analysis, enhanced processing, better risk protection improved efficiency in resolving these cases, are expected to propel the anti-money laundering industry growth.
  • Increasing number of frauds and corruption in organizations which are leading to payment disruption, money laundering, and degradation of services, is driving the demand for anti-money laundering.
  • Moreover, increasing cases of financial crime because of terrorists, drug trafficking, arms trafficking, blackmailing, credit card scams, etc.
  • Stringent government policies across the world to prevent money laundering incidences positively influences the AML software market growth.

Ritchie Bros.' Ann Fandozzi recognized as CEO Innovator of the Year by the Globe & Mail

Retrieved on: 
Thursday, December 1, 2022

Transformed the company from an auctioneer to a global marketplace for insights, services, and transaction solutions

Key Points: 
  • Transformed the company from an auctioneer to a global marketplace for insights, services, and transaction solutions
    VANCOUVER, BC, Dec. 1, 2022 /PRNewswire/ -Last week, Ritchie Bros. CEO, Ann Fandozzi, was recognized by Canada's largest newspaper, The Globe & Mail, as its CEO Innovator of the Year.
  • Three months later, the world shut down due to the COVID-19 pandemic, and Ann moved Ritchie Bros. to 100% online auctions.
  • To learn more about Ann Fandozzi's leadership and the Globe & Mail's CEO of the Year Awards, please review the Report on Business article here: https://tinyurl.com/3kcvkz7e .
  • The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

Apple's Woes in China Expose the Hypocrisy of ESG as a Risk Assessment Tool says Friends of Science Society

Retrieved on: 
Thursday, December 1, 2022

CALGARY, Alberta, Dec. 1, 2022 /PRNewswire-PRWeb/ -- (Calgary, Alberta) Parts of China have been rocked by vehement protests in recent days, specifically at the Apple contractor Foxconn complex, as reported by CNN, Nov. 24, 2022, the details of which expose the hypocrisy of "ESG" reporting and corporate evaluation, says Friends of Science Society.

Key Points: 
  • As protests erupt at Apple's Foxconn production facility in China, the hypocrisy of 'environment, social, governance' (ESG) accounting is exposed, says Friends of Science Society.
  • "The current defense du jour of ESG is that it's not a politicized investment strategy but, rather, a simple risk-assessment tool.
  • The UN HLEG "Integrity Matters" report, proposing dictatorial mandatory NetZero reporting poses a risk to society , says Friends of Science.
  • Friends of Science Society is an independent group of earth, atmospheric and solar scientists, engineers, and citizens that is celebrating its 20th year of offering climate science insights.

Canada invests $34.1 million to protect priority species at risk across the country

Retrieved on: 
Wednesday, November 30, 2022

This funding will support 13new and ongoing projects focused on the recovery and protection of some of Canada's most iconic species across the country.

Key Points: 
  • This funding will support 13new and ongoing projects focused on the recovery and protection of some of Canada's most iconic species across the country.
  • They are part of the Pan-Canadian Approach to Transforming Species at Risk Conservation in Canada.
  • Conservation of these priority species can have significant benefits for other species at risk, wildlife in general, and support related biodiversity goals.
  • Earlier this week, the Government of Canada released the Wild Species 2020: The General Status of Species in Canada report.

Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock

Retrieved on: 
Wednesday, November 30, 2022

PARSIPPANY, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that it had exercised in full its right of mandatory conversion of the Companys Series A Convertible Preferred Stock.

Key Points: 
  • PARSIPPANY, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that it had exercised in full its right of mandatory conversion of the Companys Series A Convertible Preferred Stock.
  • Shares of the Series A Convertible Preferred Stock are no longer be outstanding and all rights of the holders to receive future dividends have terminated.
  • As a result of the conversion, the aggregate 12,700 shares of Series A Preferred Stock outstanding were converted into 5,381,360 shares of Common Stock.
  • Lincoln Educational Services Corporation is a provider of diversified career-oriented post-secondary education helping to provide solutions to Americas skills gap.

Phoenix Holdings Reports Results for the Third Quarter of 2022 and the Nine Months Ended September 30, 2022; Continues to Improve Performance in Line with Strategic Plan Targets

Retrieved on: 
Wednesday, November 30, 2022

Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.

Key Points: 
  • Higher Solvency strengthens the Groups ability to continue investing in attractive financial and strategic opportunities with significant business potential.
  • This position, together with the Groups flexible management capabilities and diverse activities, attractively position the Phoenix for continued value creation.
  • The comprehensive income before tax in third quarter of 2022 and the nine months ended September 30, 2022 was NIS 14 million and NIS 73 million, respectively.
  • Phoenix Holdings is a leading Israel-based financial, insurance, and investment group traded on the Tel Aviv Stock Exchange (TASE: PHOE).

Global Gas Sensor (Detectors) Market Size Estimated to Reach USD 2.76 Billion by 2030, at 8.6% CAGR Growth: Polaris Market Research

Retrieved on: 
Wednesday, November 30, 2022

Rising demand for gas sensors in various industries, increasing adoption of gas sensors in air quality monitors, and rise in air pollution levels are some of the gas sensor market trends driving its growth.

Key Points: 
  • Rising demand for gas sensors in various industries, increasing adoption of gas sensors in air quality monitors, and rise in air pollution levels are some of the gas sensor market trends driving its growth.
  • Increasing technological developments to develop gas sensors are anticipated to augment the market growth.
  • On the basis of gas, the oxygen gas sensor segment is anticipated to witness the greatest gas sensor market share owing to the growing demand for medical equipment and wearable devices.
  • Additionally, this technology has the ability to determine & measures the concentration of dangerous gas, which majorly fuels the segment demand and is expected to boost the gas sensor market size.

EQS-News: Novem Group S.A.: HY 2022/23 figures show strong revenue growth in a demanding environment

Retrieved on: 
Wednesday, November 30, 2022

HY 2022/23 revenue of 359.3 million, +21.7% above HY 2021/22

Key Points: 
  • HY 2022/23 revenue of 359.3 million, +21.7% above HY 2021/22
    Luxembourg, 30 November 2022 Novem Group S.A. today published its half-year figures for the financial year 2022/23.
  • In a demanding market environment, Novem generated a total revenue of 359.3 million in the first six months, up 21.7% compared to last year.
  • Thereby, revenue Series contributed 88.2% to total revenue with a growth spurt of 24.3% year-on-year to 156.5 million.
  • On a segmental basis, revenue in Q2 2022/23 increased across all regions (in total by +38.2 million year-on-year).