Common

Singaporeans are Armouring Up Against Viral Infections and Diseases with LAC's Immunity Arsenal

Retrieved on: 
Monday, March 4, 2024

In Singapore, while most citizens have established "the new normal", the upward trend of COVID-19 is still a pressing issue.

Key Points: 
  • In Singapore, while most citizens have established "the new normal", the upward trend of COVID-19 is still a pressing issue.
  • Occurrences of Tuberculosis have also been regular, with active cases constantly being detected through the country's National TB Programme.
  • The pressing issue about contracting such respiratory diseases is the lasting effects that it creates, even after the patient has recovered.
  • The possibilities of patients having recurring illnesses when their immunity weakens also poses a potential threat to the nation's overall wellbeing.

NewLake Capital Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share

Retrieved on: 
Monday, March 11, 2024

NEW CANAAN, Conn., March 11, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OCTQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced its financial results for the fourth quarter and full year ended December 31, 2023, and declared its first quarter of 2024 dividend.

Key Points: 
  • Anthony Coniglio, President and Chief Executive Officer, said, “We are pleased to deliver solid fourth quarter and full year financial results.
  • Declared a fourth quarter dividend of $0.40 per share of common stock, an increase of 2.6% year-over-year.
  • For the twelve months ended December 31, 2023, the Company declared dividends of $1.57 per share of common stock, an increase of 9.0% year-over-year.
  • The following tables present the Company’s investment activity for the twelve months ended December 31, 2023 (dollars in thousands):

Dyadic Announces Closing of Private Placement of $6.0 Million Convertible Notes to Accelerate Near-Term Revenue Growth and Commercialization

Retrieved on: 
Monday, March 11, 2024

The Convertible Notes will be senior, secured obligations of Dyadic and its affiliates, and interest will be payable quarterly in cash on the principal amount equal to 8% per annum.

Key Points: 
  • The Convertible Notes will be senior, secured obligations of Dyadic and its affiliates, and interest will be payable quarterly in cash on the principal amount equal to 8% per annum.
  • The Convertible Notes will mature on March 8, 2027 (the “Maturity Date”), unless earlier converted, repurchased, or redeemed in accordance with the terms of the Convertible Notes.
  • The Convertible Notes will be convertible into shares of Dyadic’s Class A common stock (the “Common Stock”), at the option of the holders of the Convertible Notes (the “Noteholders”) at any time prior to the Maturity Date.
  • “I would like to extend our gratitude to long-term shareholders for their steadfast support.

Empire Petroleum Announces Commencement of Previously Announced Rights Offering

Retrieved on: 
Friday, March 8, 2024

TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) -- Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25.0 million.

Key Points: 
  • TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) -- Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25.0 million.
  • In addition, holders of subscription rights who fully exercise their subscription rights are entitled to over-subscribe for additional shares of Common Stock, subject to proration.
  • Holders of subscription rights who hold their shares directly will receive a prospectus, a prospectus supplement, a letter from Empire describing the Rights Offering, and a subscription rights certificate.
  • Those holders who intend to exercise their subscription rights and over-subscription rights should review all of these materials, properly complete and execute the subscription rights certificates, and deliver the subscription rights certificates and full payment to Securities Transfer Corporation, the subscription agent for the Rights Offering, at the address set forth in the prospectus supplement.

Rapid Micro Biosystems Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, March 6, 2024

The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of the Company, as an inducement material to such individual's entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

Key Points: 
  • The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of the Company, as an inducement material to such individual's entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
  • The options have an exercise price of $0.99 per share, which is equal to the closing price of the Common Stock on March 4, 2024 (the “Grant Date”).
  • The RSUs will vest annually over a three-year period, with one-third of the RSUs vesting on each anniversary of the Grant Date, subject to such employee's continued employment on each vesting date.
  • The options and RSUs are subject to the terms and conditions of the 2023 Inducement Plan, and the terms and conditions of the stock option and RSU agreements covering the grants.

CISO GLOBAL ANNOUNCES EFFECTIVE DATE FOR REVERSE STOCK SPLIT

Retrieved on: 
Wednesday, March 6, 2024

Scottsdale, Ariz., March 06, 2024 (GLOBE NEWSWIRE) -- CISO Global (NASDAQCM: CISO), an industry leader as a managed cybersecurity and compliance provider, will proceed with the 1-for-15 reverse stock split approved by CISO shareholders at the annual meeting held December 14, 2023.

Key Points: 
  • Scottsdale, Ariz., March 06, 2024 (GLOBE NEWSWIRE) -- CISO Global (NASDAQCM: CISO), an industry leader as a managed cybersecurity and compliance provider, will proceed with the 1-for-15 reverse stock split approved by CISO shareholders at the annual meeting held December 14, 2023.
  • The reverse stock split will become effective after the close of trading on March 7, 2024.
  • CISO outstanding common stock will begin trading on a split-adjusted basis on March 8, 2024; whereby every fifteen (15) shares of the par value of $0.00001 per share common stock will automatically convert into one (1) share of CISO stock.
  • The reverse stock split will reduce the number of shares of CISO outstanding common stock from roughly 180 million shares to approximately 12 million shares.

TUI accelerates global CX strategy with Tealium

Retrieved on: 
Wednesday, March 6, 2024

The expanded relationship includes Tealium as the key CDP partner for TUI’s digital and e-commerce business segments.

Key Points: 
  • The expanded relationship includes Tealium as the key CDP partner for TUI’s digital and e-commerce business segments.
  • A customer since 2012, TUI first engaged Tealium to enhance its digital transformation journey with strategic data collection and management solutions, help scale its data-driven business solutions, and overall obtain a deeper intelligence about its customers.
  • Since then, TUI has expanded its relationship with Tealium by leveraging its predictive analytics , and Conversions API (CAPI) solutions, which have demonstrated immense value globally.
  • “This recent expansion with TUI is a resounding endorsement of our capabilities and the trust our clients place in us,” said Rob Coyne, Senior Vice President and Managing Director, EMEA, at Tealium.

Canoo Inc. Announces 1-for-23 Reverse Stock Split Effective March 8, 2024

Retrieved on: 
Wednesday, March 6, 2024

Justin, TX, March 06, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV ), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-23 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on March 8, 2024, at 8:00 a.m., Eastern Time (“Effective Date”).

Key Points: 
  • Justin, TX, March 06, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV ), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-23 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on March 8, 2024, at 8:00 a.m., Eastern Time (“Effective Date”).
  • As a result of the reverse stock split, every 23 shares of the Company’s Common Stock will automatically be combined into one share of Common Stock.
  • As of the Effective Date, the number of shares of Common Stock available for issuance under the Company’s equity incentive plans and issuable pursuant to equity awards immediately prior to the reverse stock split will be proportionately adjusted by the reverse stock split.
  • Continental is acting as the exchange agent for the reverse stock split and will send stockholders a transaction statement indicating the number of shares of Common Stock stockholders hold after the reverse stock split.

TUI accelerates global CX strategy with Tealium

Retrieved on: 
Wednesday, March 6, 2024

The expanded relationship includes Tealium as the key CDP partner for TUI’s digital and e-commerce business segments.

Key Points: 
  • The expanded relationship includes Tealium as the key CDP partner for TUI’s digital and e-commerce business segments.
  • A customer since 2012, TUI first engaged Tealium to enhance its digital transformation journey with strategic data collection and management solutions, help scale its data-driven business solutions, and overall obtain a deeper intelligence about its customers.
  • Since then, TUI has expanded its relationship with Tealium by leveraging its predictive analytics , and Conversions API (CAPI) solutions, which have demonstrated immense value globally.
  • “This recent expansion with TUI is a resounding endorsement of our capabilities and the trust our clients place in us,” said Rob Coyne, Senior Vice President and Managing Director, EMEA, at Tealium.

PepGen Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Corporate Developments

Retrieved on: 
Wednesday, March 6, 2024

BOSTON, March 06, 2024 (GLOBE NEWSWIRE) -- PepGen Inc. (Nasdaq: PEPG), a clinical-stage biotechnology company advancing the next generation of oligonucleotide therapies with the goal of transforming the treatment of severe neuromuscular and neurological diseases, today reported financial results for the fourth quarter and full year ended December 31, 2023, and highlighted recent corporate developments.

Key Points: 
  • “With important data readouts expected from our two lead programs, 2024 has the potential to be a transformational year for PepGen.
  • People with myotonic dystrophy type 1 (DM1) currently have no approved treatment options that target the root cause of the disease.
  • Financial Results for the Three Months and Twelve Months ended December 31, 2023
    Cash and cash equivalents were $110.4 million as of December 31, 2023.
  • Net loss was $78.6 million for the year ended December 31, 2023, compared to $69.1 million for the same period in 2022.