Paragon

SEER’S MV TECHNOLOGIES RECEIVES NEW CONTRACTS FOR $1.5MM AND INCREASES ANNUAL MEDIA SUPPLY CONTRACTS

Retrieved on: 
Thursday, November 2, 2023

It is estimated the new systems will collectively use approximately $500,000 of MV’s Axtrap™ media on an annual basis.

Key Points: 
  • It is estimated the new systems will collectively use approximately $500,000 of MV’s Axtrap™ media on an annual basis.
  • This will add significantly to the existing baseline of over $1MM in media sales.
  • MV also recently received a purchase order for an H2SPlus™ for a large Canadian-based food processor.
  • Each project becomes a valuable addition to the more than 140 existing projects already in MV Technologies ’ portfolio throughout North America,” said Tom Jones, President of MV.

Christie’s International Real Estate Launches Major Expansion To Serve San Francisco, Marin County and the Wine Country

Retrieved on: 
Wednesday, November 1, 2023

The new venture will serve the city of San Francisco, Marin County and the Wine Country region of Napa and Sonoma counties.

Key Points: 
  • The new venture will serve the city of San Francisco, Marin County and the Wine Country region of Napa and Sonoma counties.
  • The new offices will do business as Christie’s International Real Estate San Francisco | Marin | Wine Country.
  • Trapani, Iwanaga, and Christie’s International Real Estate have carefully chosen a founding group of REALTORS® representing the highest standards in San Francisco’s luxury market.
  • “Christie’s International Real Estate is a brand that dovetails perfectly with the lifestyle, history and allure of San Francisco, Marin County and the Napa and Sonoma wine regions.

Paragon 28 to Present at Upcoming Investor Conferences

Retrieved on: 
Friday, November 3, 2023

Paragon 28, Inc. (NYSE: FNA), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced that Albert DaCosta, Chairman and CEO and Steve Deitsch, CFO will be presenting in fireside chats at two upcoming investor conferences.

Key Points: 
  • Paragon 28, Inc. (NYSE: FNA), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced that Albert DaCosta, Chairman and CEO and Steve Deitsch, CFO will be presenting in fireside chats at two upcoming investor conferences.
  • Paragon 28 will participate in the Stephens Annual Investment Conference on November 15, 2023, and the 35th Annual Piper Sandler Healthcare Conference on November 28, 2023.
  • Live and archived webcasts of the fireside chats will be available on the “Investors” section of the Company’s website at ir.paragon28.com.

Cordis Announces Scott Drake as Chief Executive Officer

Retrieved on: 
Monday, November 6, 2023

MIAMI LAKES, Fla., Nov. 6, 2023 /PRNewswire/ -- Cordis announced that its Board of Directors has appointed Scott Drake as Chief Executive Officer (CEO) effective immediately.

Key Points: 
  • MIAMI LAKES, Fla., Nov. 6, 2023 /PRNewswire/ -- Cordis announced that its Board of Directors has appointed Scott Drake as Chief Executive Officer (CEO) effective immediately.
  • Mr. Drake most recently held the position of Executive Chairman of the Cordis Board of Directors.
  • "Scott Drake has been on the Cordis Board of Directors since we acquired Cordis in 2021," said Hunter Philbrick, H&F partner and Cordis board member.
  • Scott believes in Cordis' ability to transform the medical industry, and with him as CEO, Cordis will achieve its vision of pioneering breakthrough cardiovascular technologies."

Finalists Named for 2023 ISG Paragon Awards™ South America

Retrieved on: 
Wednesday, November 1, 2023

Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, today announced the finalists for the 2023 ISG Paragon Awards™ South America, which celebrate the ongoing transformation of sourcing industry partnerships through new approaches and technologies.

Key Points: 
  • Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, today announced the finalists for the 2023 ISG Paragon Awards™ South America, which celebrate the ongoing transformation of sourcing industry partnerships through new approaches and technologies.
  • Here are the South America finalists for the 2023 awards:
    Environmental Sustainability: Recognizing outstanding positive impacts in one or more environmental sustainability fields for clients, consumers, communities and/or employees
    The ISG Paragon Awards™ South America, produced by ISG Events, recognize the innovative ways enterprises and providers are driving business success by leveraging digital technology and new operating models.
  • “Enterprises in South America seek partners to help them create hybrid, connected, autonomous, intelligent and effective organizations,” said Todd Lavieri, partner and president, ISG Americas and Asia Pacific.
  • “ISG research finds regional providers in South America are outpacing many larger global firms in helping clients adopt the technologies that can deliver transformative business outcomes.

SDCL EDGE Acquisition Corporation Announces Shareholder Approval of Extension of Deadline to Complete Business Combination

Retrieved on: 
Tuesday, October 31, 2023

The Company is also pleased to announce that following the Extension, the Company has maintained 65.9% of the capital in its trust account, with 13,177,933 Class A Ordinary Shares remaining in float.

Key Points: 
  • The Company is also pleased to announce that following the Extension, the Company has maintained 65.9% of the capital in its trust account, with 13,177,933 Class A Ordinary Shares remaining in float.
  • Market averages for redemptions post extension are around 75%, and the Company’s lower redemptions represent a standout case in the market.
  • The purpose of the Extension is to allow the Company more time to complete an initial business combination.
  • The Company anticipates announcing additional details at the time of execution of the definitive agreements (“Definitive Agreements”) for the Business Combination.

AMETEK Announces Agreement to Acquire Paragon Medical

Retrieved on: 
Tuesday, October 31, 2023

BERWYN, Pa., Oct. 31, 2023 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that it has entered into a definitive agreement to acquire Paragon Medical, a leading provider of highly engineered medical components and instruments, from affiliates of American Securities LLC in an all-cash transaction valued at approximately $1.9 billion.

Key Points: 
  • BERWYN, Pa., Oct. 31, 2023 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that it has entered into a definitive agreement to acquire Paragon Medical, a leading provider of highly engineered medical components and instruments, from affiliates of American Securities LLC in an all-cash transaction valued at approximately $1.9 billion.
  • Paragon Medical serves a wide range of specialty applications including orthopedics, minimally invasive surgery, robotic surgery, and drug delivery.
  • Paragon's product portfolio includes single-use and consumable surgical instruments and implantable components sold to a diverse blue-chip customer base of leading medical device manufacturers.
  • "We are excited for the opportunity to acquire such an outstanding business," said David A. Zapico, AMETEK Chairman and Chief Executive Officer.

American Battery Technology Company Announces Initial Results of its Lithium-Bearing Tonopah Flats Third Exploration Drill Program

Retrieved on: 
Friday, October 27, 2023

As the remaining assay results are received, the company intends to prepare and publish an updated Resource Report with updated quantities of the resource that are at the inferred, measured, and indicated classifications.

Key Points: 
  • As the remaining assay results are received, the company intends to prepare and publish an updated Resource Report with updated quantities of the resource that are at the inferred, measured, and indicated classifications.
  • Drilling was conducted by KB Drilling of Mound House, Nevada, using large diameter HQ coring, drilling entirely vertical holes.
  • A Measured Mineral Resource has a higher level of confidence than that applying to either an Indicated Mineral Resource or an Inferred Mineral Resource.
  • It may be converted to a Proven Mineral Reserve or to a Probable Mineral Reserve.

EQS-News: paragon announces preliminary nine-month figures and raises earnings outlook for the full year

Retrieved on: 
Thursday, October 26, 2023

Delbrück, October 23, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today announced preliminary figures for the first nine months.

Key Points: 
  • Delbrück, October 23, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today announced preliminary figures for the first nine months.
  • According to preliminary figures, paragon generated sales of EUR 122.0 million in the first nine months of fiscal year 2023 (previous year: EUR 118.5 million).
  • paragon continues to supply the electronics for battery management of the low-voltage batteries, which are assembled into finished batteries by Clarios.
  • In the first nine months of the current year, paragon generated EBITDA from continuing operations of EUR 16.3 million.

EQS-News: paragon launches bond buyback programme

Retrieved on: 
Thursday, October 26, 2023

Delbrück | October 26, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today published details of the bond buyback programme it has agreed.

Key Points: 
  • Delbrück | October 26, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today published details of the bond buyback programme it has agreed.
  • When the EUR 50 million bond was rolled over in March 2022, paragon undertook to repay a total of EUR 25 million of the total nominal amount.
  • It is not the primary objective of the buyback programme to further deleverage the company; in view of the low net debt ratio achieved, the company reserves the right to raise corresponding credit funds on the market to finance the buyback.
  • paragon will report on the progress of the bond buyback programme on its website (https://paragon.ag) on an ongoing basis.