FDC

Amarin Files Definitive Proxy Materials and Mails Letter to Shareholders

Retrieved on: 
Tuesday, January 31, 2023
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DUBLIN, Ireland and BRIDGEWATER. N.J., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ: AMRN) (“Amarin” or the “Company”) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming General Meeting of Shareholders scheduled to be held on February 28, 2023. Shareholders of record as of January 23, 2023, will be entitled to vote at the meeting.

Key Points: 
  • N.J., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ: AMRN) (“Amarin” or the “Company”) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming General Meeting of Shareholders scheduled to be held on February 28, 2023.
  • In conjunction with the definitive proxy filing, Amarin has mailed a letter to the Company’s shareholders and launched a new campaign website, www.voteamarin.com , featuring videos with the Company’s Chairman of the Board, Per Wold-Olsen, and Chief Executive Officer, Karim Mikhail.
  • Amarin’s definitive proxy materials and other materials regarding the Board of Directors’ recommendation for the General Meeting can be found at www.voteamarin.com .
  • The full text of the letter being mailed to shareholders follows:
    Your refreshed Board of Directors has one clear priority: enhancing the value of your investment in Amarin in the short- and long-term.

Amarin Responds to Inaccurate and Misleading Statement by Sarissa

Retrieved on: 
Thursday, January 19, 2023
Security (finance), Frustration, Name, Amarin Corporation, Sarissa, Disruption, Ropes & Gray, Negotiation, International, FDC, No Plan, Special, Exchange, Proxy, New Idea, Real estate, Management, Renewable energy, Pharmaceutical industry, Airline

DUBLIN, Ireland and BRIDGEWATER, N.J., Jan. 19, 2023 (GLOBE NEWSWIRE) --  Amarin Corporation plc (NASDAQ:AMRN) (“Amarin” or the “Company”) today issued the following statement in response to Sarissa Capital Management LP (“Sarissa”):

Key Points: 
  • Contrary to Sarissa’s misrepresentation of the facts, the Amarin Board of Directors’ refreshment process has been comprehensive, independent and transparent.
  • Amarin takes its Board refreshment process seriously and will not circumvent any step at the demand of one shareholder.
  • The Board interviewed three of Sarissa’s five proposed candidates, all of whom are Sarissa employees, alongside independent candidates the Board had identified.
  • Amarin took action by significantly reducing its U.S. sales force in October 2021, before Sarissa became an investor.

Amarin Comments on Sarissa’s Notice to Call a Special Meeting of Amarin Shareholders

Retrieved on: 
Wednesday, January 11, 2023
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DUBLIN, Ireland and BRIDGEWATER, N.J., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) (“Amarin” or the “Company”) today confirmed receipt of a requisition by Sarissa Capital Management LP (“Sarissa”) to convene a General Meeting of Shareholders (the “Special Meeting”).

Key Points: 
  • DUBLIN, Ireland and BRIDGEWATER, N.J., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) (“Amarin” or the “Company”) today confirmed receipt of a requisition by Sarissa Capital Management LP (“Sarissa”) to convene a General Meeting of Shareholders (the “Special Meeting”).
  • As appropriate, Amarin will announce the date of the Special Meeting and the record date for shareholders to vote at the Special Meeting in due course, and Amarin shareholders are not required to take any action at this time.
  • Since Sarissa’s position was made public in November 2021, Amarin has engaged actively with Sarissa.
  • We believe Sarissa’s proxy contest is misguided, costly and not in the best interest of other Amarin shareholders at this critical time for the Company.

Amarin Provides Preliminary Fourth Quarter and Full Year 2022 Revenue and Cash Position and Priorities for 2023

Retrieved on: 
Tuesday, January 10, 2023
Professional corporation, Element, European Medicines Agency, Continuous Progress Mathematics, Amarin Corporation, England and Wales, FDC, Conference, Investment, Video game, Pharmaceutical industry, Renewable energy, Animal

DUBLIN, Ireland and BRIDGEWATER, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) today provided a business update, including preliminary fourth quarter and full-year 2022 revenue and its year end cash position, in addition to its 2023 priorities to investors at the 41st Annual J.P. Morgan Healthcare Conference in San Francisco.

Key Points: 
  • Revenues: For the fourth quarter and full year 2022, Amarin estimates total net revenue, subject to audit, to be between $88 to $90 million and $367 to $369 million, respectively.
  • Cash Position: Amarin ended 2022 with approximately $310 million in cash and investments, with positive cash flow of approximately $4 million in the fourth quarter of 2022.
  • “As we enter 2023, and continuing into the next chapter for Amarin, we will advance on our vision of becoming a global, diversified cardiometabolic player.
  • Amarin reiterates its belief that current cash and investments and other assets are adequate to support continued operations, including European launch activities.

StandardC Announces Groundbreaking Partnership with Nor-Cal FDC to Streamline Access to Financing for Businesses, including those in Underserved Communities

Retrieved on: 
Wednesday, January 11, 2023
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SAN FRANCISCO, Jan. 11, 2023  /PRNewswire-PRWeb/ -- Today, StandardC, the leading fintech platform that transforms how businesses access financial services, is announcing a strategic partnership with Northern California Financial Development Corporation (Nor-Cal FDC), a leading financial services company that provides loan guarantees to help financial institutions accelerate business lending. Nor-Cal FDC partners with banks, credit unions, and lenders to provide 80% loan guarantees of up to $5MM per loan, which provides a credit enhancement that reduces risk to the lender while providing greater access to capital for business owners. With the integration of StandardC's technology that creates and maintains data-rich digital identities and automates the application process, Nor-Cal FDC expedites business loans by minimizing the risk for financial institutions and lenders.

Key Points: 
  • "Nor-Cal FDC understands that business owners create thriving communities and drive local economies.
  • Our mission is to offer better support to ALL businesses and entrepreneurs," said Sanford Livingston, CEO of Nor-Cal FDC.
  • By pairing its game-changing software with advisory services, StandardC is helping its partners, like Nor-Cal FDC, create and maintain profitable relationships with more customers.
  • StandardC and Nor-Cal FDC will be on-hand to answer questions and share more details about their collaboration.

FDCTech acquires a majority controlling position in New Star Capital Trading Ltd. and its subsidiary, strengthening its strategic focus on the online retail brokerage business.

Retrieved on: 
Friday, January 6, 2023
PricewaterhouseCoopers, Bank Holding Company Act, MFSA, Gun laws in Malta, Law, Category 3, Malta Financial Services Authority, Companies Act, FDC, Cryptocurrency, Acquisition, The Company, License, Virgin Islands, Security (finance), New star

Irvine, CA, Jan. 06, 2023 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven acquisition company with a full suite of digital financial services solutions, today announced it has completed the sales purchase agreement ("Agreement") under which the Company acquired a 50.10% equity interest in New Star Capital Trading Ltd., a British Virgin Island company ("New Star") and its operating subsidiary NSFX Ltd ("NSFX"), an online trading brokerage firm regulated by the Malta Financial Services Authority.

Key Points: 
  • New Star Capital Trading Ltd. ("New Star") is a holding company, and its operating subsidiary NSFX Ltd ("NSFX") is an online trading brokerage firm regulated by the Malta Financial Services Authority.
  • NSFX provides brokerage services in margin trading forex, cryptocurrencies, equity, commodities, and other financial assets.
  • NSFX has furnished the Company with its audited balance sheet for the fiscal year that ended on November 30, 2021, and 2020 (the "Balance Sheet Date").
  • NSFX provided the related audited statements of operations, stockholders' equity, and cash flows for the fiscal years ending November 30, 2021, and 2020.

Ascletis Believes that the Complaints Made by Viking Therapeutics Have No Merit and will Vigorously Defend Against such Complaints

Retrieved on: 
Monday, January 2, 2023
PBC, Fatty liver disease, Complaint, CHB, United States International Trade Commission, Primary biliary cholangitis, District court, COVID-19, HKEX, Acne, News, Hong Kong Stock Exchange, FXR, Therapy, Degenerative disease, FDC, NASH, Pharmaceutical industry, Vikings

As of the date of this news, Viking has not yet served the Complaints on Ascletis or raised the relevant allegations with Ascletis before filing of the Complaints.

Key Points: 
  • As of the date of this news, Viking has not yet served the Complaints on Ascletis or raised the relevant allegations with Ascletis before filing of the Complaints.
  • From the publicly available allegations of Viking set out in the Complaints, Ascletis believes that such allegations have no merit and will vigorously defend against the Complaints.
  • Ascletis will closely monitor the above legal proceedings, while the business and operations of Ascletis and its subsidiaries remain as usual and normal.
  • Through excellent execution, Ascletis rapidly advances its drug pipeline with an aim of leading in global competition.

FDA's Import Alerts Webinar: Understand the nature of Import Alerts: What are they? What purpose do they serve? What do they mean for a company? - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022
FDA, Pharmaceutical, Health, Physical examination, FDC, Food, Human resource policies, CBP, Opera Company of Boston productions, Consultant, Capital, Federal Food, Drug, and Cosmetic Act, Database, FDA, Distribution (marketing), Dietary supplement, Medical device, Inspection

Import Alerts lets FDA Field Staff know that the agency has enough evidence or other information to refuse admission of future shipments of an imported article.

Key Points: 
  • Import Alerts lets FDA Field Staff know that the agency has enough evidence or other information to refuse admission of future shipments of an imported article.
  • There are a variety of factors that could lead FDA to place a product, manufacturer, shipper, grower, geographical area, and/or country on Import Alert.
  • During this time, the product is either held at a warehouse or at the importer's premises and cannot be distributed.
  • Regulatory Affairs Professionals, Managers, Consultants, Scientists, Research Analysts, State Policy Officials, Insurers focusing on Representations & Warranties Insurance; Investment Analysts; Venture Capitalists.

MAK Technologies Announces the Release of MAK FIRES 1.0

Retrieved on: 
Monday, November 21, 2022
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ORLANDO, Fla., Nov. 21, 2022 /PRNewswire-PRWeb/ -- MAK Technologies (MAK), a company of ST Engineering North America, today announced the release of MAK FIRES 1.0, a realistic and portable observed fire training system that delivers effective Call for Fire training at the Point of Need. Based on Call for Fires fundamentals, MAK FIRES is designed specifically to develop and reinforce skills for Forward Observers (FO).

Key Points: 
  • ORLANDO, Fla., Nov. 21, 2022 /PRNewswire-PRWeb/ -- MAK Technologies (MAK), a company of ST Engineering North America, today announced the release of MAK FIRES 1.0 , a realistic and portable observed fire training system that delivers effective Call for Fire training at the Point of Need.
  • Based on Call for Fires fundamentals, MAK FIRES is designed specifically to develop and reinforce skills for Forward Observers (FO).
  • MAK FIRES 1.0 is available in multiple deployment options, including:
    Instructor & Student: The MAK FIRES Instructor & Student System enables students to make calls for fire while the instructor plays the role of a Fire Direction Center (FDC).
  • MAK Technologies builds solutions to your unique training challenges, built upon the strength and flexibility of the MAK ONE simulation platform.

Volvo Group Awarded $10 Million to Electrify Transportation in the South Bronx

Retrieved on: 
Thursday, November 17, 2022
Ecosystem, Food, Volvo, Development, NYSERDA, Hunts Point, Bronx, EV, Organization, FDC, Federally Administered Tribal Areas, GHG, Hunting, ETC, City Harvest, New York State Energy Research and Development Authority, Climate, Climate Leadership Council, Air pollution, Transport, Renewable energy, Taxicab, Congressional district

GREENSBORO, N.C., Nov. 17, 2022 /PRNewswire/ --Volvo Group North America (VGNA) today announced that it received a $10 million award from the New York State Energy Research and Development Authority (NYSERDA) to introduce clean transportation solutions to Hunts Point in the South Bronx.

Key Points: 
  • GREENSBORO, N.C., Nov. 17, 2022 /PRNewswire/ --Volvo Group North America (VGNA) today announced that it received a $10 million award from the New York State Energy Research and Development Authority (NYSERDA) to introduce clean transportation solutions to Hunts Point in the South Bronx.
  • VGNA won the award in the Clean Neighborhoods category and will be the project leader for a multi-pronged approach to introduce accessible and affordable clean transportation solutions to companies in Hunts Point in the South Bronx.
  • Electrification of local truck fleets offers the most direct approach to addressing freight transportation emissions in the area comprehensively.
  • VGNA anticipates the project to kick off in early 2023, with the first truck deliveries occurring in the fourth quarter.