Notice

MORF Investor Notice: Abraham, Fruchter & Twersky, LLP Investigating Claims on Behalf of Investors of Morphic Holding, Inc.  (NASDAQ:MORF)

Retrieved on: 
Wednesday, March 20, 2024
Notice, Morphic, Vedolizumab, Patient, News, LLP, Learning, Pharmaceutical industry

On this news, the price of the Company’s stock dropped $28.26, or 54.4%, over two consecutive trading days to close at $23.14 per share on September 25, 2023.

Key Points: 
  • On this news, the price of the Company’s stock dropped $28.26, or 54.4%, over two consecutive trading days to close at $23.14 per share on September 25, 2023.
  • Abraham, Fruchter & Twersky, LLP (www.aftlaw.com) is a law firm based in New York and maintaining an office in California.
  • Abraham, Fruchter & Twersky, LLP has extensive experience in litigating on behalf of investors.
  • If you have any questions about this Notice, the investigation, your rights or your interests, please contact:

AKRO Investor Notice: Abraham, Fruchter & Twersky, LLP Investigating Claims on Behalf of Investors of Akero Therapeutics (NASDAQ:AKRO)

Retrieved on: 
Wednesday, March 20, 2024
Notice, Patient, Fibrosis, News, LLP, Åkerö, Learning, Investor's Business Daily

The result wasn’t statistically significant.” On this news, Akero stock fell sharply.

Key Points: 
  • The result wasn’t statistically significant.” On this news, Akero stock fell sharply.
  • Abraham, Fruchter & Twersky, LLP (www.aftlaw.com) is a law firm based in New York and maintaining an office in California.
  • Abraham, Fruchter & Twersky, LLP has extensive experience in litigating on behalf of investors.
  • If you have any questions about this Notice, the investigation, your rights or your interests, please contact:

Avid Bioservices Announces Receipt of Deficiency Notice from Nasdaq Regarding Late Form 10-Q

Retrieved on: 
Wednesday, March 20, 2024
CDMO, Rule, Notice, Classification, Security (finance), Bank statement, Debt-to-GDP ratio, Calendar, Cryptocurrency

The Rule requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”).

Key Points: 
  • The Rule requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”).
  • Under Nasdaq rules, the company has 60 calendar days from the receipt of the Notice, or until May 20, 2024, to submit a plan to regain compliance with the Rule.
  • The company intends to file the Form 10-Q as promptly as reasonably practicable.
  • If the company does not file the Form 10-Q by May 20, 2024, the company intends to timely submit a plan to regain compliance with the Rule.

Infinera Corporation Announces Notification of Delinquency with Nasdaq

Retrieved on: 
Friday, March 15, 2024
Failure, Letter, Plan, Notice, Form, SAN, Security (finance), INFN, Annual report

SAN JOSE, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it received an expected delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on March 15, 2024 (the "Notice").

Key Points: 
  • SAN JOSE, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it received an expected delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on March 15, 2024 (the "Notice").
  • The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC.
  • Nasdaq has informed Infinera that it must submit a plan of compliance (the “Plan”) by May 14, 2024 addressing how it intends to regain compliance with Nasdaq’s listing rules.
  • As previously disclosed, Infinera was delayed in its year-end closing process due to the matters described in the Company’s 12b-25.

Team, Inc. Receives Continued Listing Standard Notice From NYSE

Retrieved on: 
Friday, March 15, 2024
Notice

In accordance with NYSE procedures, the Company intends to notify the NYSE that it plans to submit a plan within 45 days of receipt of the Notice advising the NYSE of definitive action it has taken, or is taking, to bring it into compliance with Section 802.01B within 12 months of receipt of the Notice.

Key Points: 
  • In accordance with NYSE procedures, the Company intends to notify the NYSE that it plans to submit a plan within 45 days of receipt of the Notice advising the NYSE of definitive action it has taken, or is taking, to bring it into compliance with Section 802.01B within 12 months of receipt of the Notice.
  • Any plan submitted by the Company to regain compliance would be subject to NYSE approval.
  • The Company is considering all available options to regain compliance with the NYSE continued listing standards.
  • The Company can provide no assurances that it will be able to satisfy any of the steps outlined above and maintain the listing of its shares on the NYSE.

Almaden Provides Corporate Update

Retrieved on: 
Thursday, March 14, 2024
Comprehensive, CPTPP, Consultation, Notice, AAU, AMM, Tribunal, Security (finance), Request, TSX, OTCQB, Government, Cryptocurrency

Accordingly, on March 14, 2024, Almaden delivered to Mexico written notice of its intention to submit a claim (“Claim”) to arbitration against Mexico (the “Notice”) in accordance with Article 9.19.3 of the CPTPP.

Key Points: 
  • Accordingly, on March 14, 2024, Almaden delivered to Mexico written notice of its intention to submit a claim (“Claim”) to arbitration against Mexico (the “Notice”) in accordance with Article 9.19.3 of the CPTPP.
  • This Notice has been delivered by Almaden together with Almadex Minerals Ltd., on behalf of themselves and their Mexican subsidiaries.
  • The damages relating to the Almaden and Almadex Claim will be for no less than US$200 million, in the aggregate.
  • Although Almaden has requested consultations with Mexico under the CPTPP, to date Mexico has not proposed a date for these consultations.

American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc.

Retrieved on: 
Wednesday, March 13, 2024
Lithium, Failure, Health, Administration, Mining, TSX Venture Exchange, Exchange, Geology, Notice, Knowledge, News, TLC, MINEM, Insurance, Dispute resolution, Accident, Supreme court, Macusani, Superior court, Calendar, INGEMMET, Government, Consultant, Legislation

The Notice does not have any impact on the listing of the Company's common shares on the TSX Venture Exchange.

Key Points: 
  • The Notice does not have any impact on the listing of the Company's common shares on the TSX Venture Exchange.
  • The Company has no current engagement with New Era, nor does it presently have any intention to engage New Era to provide further services to the Company.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

Retrieved on: 
Thursday, April 4, 2024
Energy, Transport, Logistics, Supply Chain Management, Oil, Gas, Pembina Pipeline, PBA, CIBC, PPL, Haisla, Black & Veatch, Montney, British Columbia, MUFG Bank, Environment, Natural gas, Growth, Coastal GasLink Pipeline, Project, Notice, Partnership, Risk, FID, Knowledge, Environmental impact assessment, ARC Resources, Black, LLP, Carbon, King & Spalding, TSX, Engineering, Climate change, Hydrocarbon, Samsung Heavy Industries, CGL, ARC, WCSB, Haisla Nation, Capital, NGL, Multimedia, BC Hydro, Marketing, Government, NTP, Panama Canal, Economics, EPC

In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.

Key Points: 
  • In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.
  • Cedar LNG has secured a 20-year take-or-pay, fixed toll contract with ARC Resources for 1.5 million mtpa of LNG.
  • "We are proud to partner with Cedar LNG, the Haisla Nation and Pembina Pipeline who share our commitment to responsible energy development."
  • Once operational, Cedar LNG is expected to generate annual run-rate adjusted EBITDA of US$200 million to US$260 million, net to Pembina.

Labaton Keller Sucharow Announces a Proposed Class Action Settlement for All Record Holders and Beneficial Owners of Sculptor Capital Management, Inc. Common Stock Whose Shares Rithm Capital Corp. Acquired at the Closing of the Merger

Retrieved on: 
Friday, April 5, 2024
Class Action Lawsuit, Professional Services, Legal, Vii, Agreement, Prejudice, Notice, Defendant, Class, Episcopal conference, CLASS, Judgement, ARE, Settlement, Plaintiff, Eligibility, Effective date, Hearing, Compromise, LP, Mergers and acquisitions

SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER CLASS ACTION, SETTLEMENT HEARING,

Key Points: 
  • SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER CLASS ACTION, SETTLEMENT HEARING,
    All record holders and beneficial owners of Sculptor Capital Management, Inc. (“Sculptor”) common stock whose shares Rithm Capital Corp. (“Rithm”) acquired at the closing of the Merger.1
    PLEASE READ THIS SUMMARY NOTICE CAREFULLY.
  • YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • The proposed Settlement, if approved, will resolve all claims in the Action and result in the dismissal of the Action with prejudice.
  • Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.

MultiPlan Corporation Receives Continued Listing Standard Notice from NYSE

Retrieved on: 
Friday, March 29, 2024
Technology, Payments, Health Technology, Professional Services, Software, Networks, Practice Management, Data Analytics, Health, Data Management, Common stock, Notice, Security (finance), MPLN, Calendar

MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”) announced today that it received notice (the “Notice”) on March 28, 2024 from the New York Stock Exchange (the “NYSE”) that, as of March 27, 2024, it was not in compliance with the continued listing standard set forth in Section 802.01C of the NYSE’s Listed Company Manual (“Section 802.01C”) because the average closing price of the Company’s Class A Common Stock (the “Common Stock”) was less than $1.00 per share over a consecutive 30 trading-day period.

Key Points: 
  • MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”) announced today that it received notice (the “Notice”) on March 28, 2024 from the New York Stock Exchange (the “NYSE”) that, as of March 27, 2024, it was not in compliance with the continued listing standard set forth in Section 802.01C of the NYSE’s Listed Company Manual (“Section 802.01C”) because the average closing price of the Company’s Class A Common Stock (the “Common Stock”) was less than $1.00 per share over a consecutive 30 trading-day period.
  • Pursuant to Section 802.01C, the Company has a period of six months following the receipt of the Notice to regain compliance with the minimum price criteria.
  • The Notice has no immediate impact on the listing of the Common Stock, which will continue to be listed and traded on the NYSE during this period, subject to the Company’s compliance with the other continued listing requirements of the NYSE.
  • The Company fully intends to regain compliance and will take necessary action to ensure that the Common Stock continues to be listed on the NYSE.