Bios

Aileron Therapeutics Announces Acquisition of Lung Therapeutics

Retrieved on: 
Tuesday, October 31, 2023

WALTHAM, Mass. and AUSTIN, Texas, Oct. 31, 2023 /PRNewswire/ -- Aileron Therapeutics, Inc. ("Aileron") (NASDAQ: ALRN) today announced it has acquired Lung Therapeutics, Inc. ("Lung Tx"), a privately held biopharmaceutical company focused on developing novel therapies for the treatment of orphan pulmonary and fibrosis indications that have no approved or limited effective treatments. Immediately following the acquisition of Lung Tx, Aileron entered into a definitive agreement for the sale of shares of Aileron's Series X non-voting convertible preferred stock (the "Series X preferred stock") and warrants to purchase shares of Aileron's common stock in a private placement to a group of accredited investors led by Bios Partners ("Bios"), and including Nantahala Capital, as well as additional undisclosed investors. The private placement is expected to result in gross proceeds to Aileron of approximately $18 million before deducting placement agent fees and other offering expenses. Aileron intends to use the proceeds from the private placement primarily to complete the ongoing Phase 1b clinical study of LTI-03, a Caveolin-1-related peptide in development for the treatment of IPF, and for general corporate purposes. 

Key Points: 
  • and AUSTIN, Texas, Oct. 31, 2023 /PRNewswire/ -- Aileron Therapeutics, Inc. ("Aileron") (NASDAQ: ALRN) today announced it has acquired Lung Therapeutics, Inc. ("Lung Tx"), a privately held biopharmaceutical company focused on developing novel therapies for the treatment of orphan pulmonary and fibrosis indications that have no approved or limited effective treatments.
  • "We are pleased to announce that after a thorough evaluation of strategic alternatives, we have completed the acquisition of Lung Therapeutics, which we believe represents a value-creation opportunity for Aileron's stockholders.
  • "Lung Therapeutics has built a promising clinical-stage pipeline for life-threatening lung conditions, and we believe in the ability of our combined companies to deliver value to both patients and stockholders."
  • I want to thank the board and entire team of Lung Therapeutics for all their hard work with this transaction."

Bios Companies Partners with Oakworth Capital Bank & Lazear Capital Securities to Secure ESOP Financing

Retrieved on: 
Thursday, September 7, 2023

BIRMINGHAM, Ala., Sept. 7, 2023 /PRNewswire/ -- Oakworth Capital Bank (OTCQX: OAKC) acted as Servicer and Sole Agent for senior secured credit facilities that supported Bios Companies, Inc.

Key Points: 
  • BIRMINGHAM, Ala., Sept. 7, 2023 /PRNewswire/ -- Oakworth Capital Bank (OTCQX: OAKC) acted as Servicer and Sole Agent for senior secured credit facilities that supported Bios Companies, Inc.
  • Employee Stock Ownership Plan's 100% equity investment in Bios Companies Inc. ("Bios"), the refinance of outstanding real estate debt and the company's ongoing working capital needs.
  • Lazear Capital Securities not only acted as financial advisor to Bios in securing the financing, but also worked with Bios' owners to design a custom solution which included employee benefits, financial flexibility and maximized tax advantages.
  • Oakworth's Healthcare Commercial Client Advisor Terrell Taylor led efforts on behalf of the bank and coordinated with Lazear Capital to structure Bios' debt capital solution.

Nano Dimension: Murchinson Could Not Find Board Nominees to Join Them

Retrieved on: 
Wednesday, August 9, 2023

The payments render those nominees beholden to Murchinson and they CANNOT be considered independent.

Key Points: 
  • The payments render those nominees beholden to Murchinson and they CANNOT be considered independent.
  • One of Murchinson’s director nominees is Nano Dimension’s prior chairman of the board, Ofir Baharav.
  • Mr. OFIR BAHARAV served on Nano’s Board from November 2015 to March 2021.
  • When Nano Dimension tried to engage in a transaction between Nano and Catalyst Venture Fund in 2020-21, Catalyst made any business involvement contingent on Mr. Baharav’s removal from Nano’s Board.

THE BACON BROTHERS, AWARD WINNING MUSICIANS, PRODUCERS AND RECORDING ARTISTS, TEAM UP WITH BOYS & GIRLS CLUBS IN NATIONAL LYRICS-WRITING CONTEST

Retrieved on: 
Monday, March 27, 2023

The inaugural Voice Your Dreams Project (VYDP) is a free arts education program, accessible to Club teens, grades 7-12, at more than 4,700 Boys & Girls Clubs nationwide.

Key Points: 
  • The inaugural Voice Your Dreams Project (VYDP) is a free arts education program, accessible to Club teens, grades 7-12, at more than 4,700 Boys & Girls Clubs nationwide.
  • National Recording Artists will serve as ambassadors and judges to select the winning lyrics.
  • Professional songwriters and producers will then adapt five winning lyrics to music; followed by a national premier of the winning song.
  • Voice Your Dreams Project is produced in collaboration with Boys & Girls Clubs, Mraz & Company, Elkinson + Sloves, Inc. and education partner MAPS (Music & Poetry Synchronized).

How Women Lead’s Latinas in Sight Initiative to Drive Representation and Break Barriers for Latina Leaders

Retrieved on: 
Monday, September 26, 2022

How Women Lead , a powerful community of more than 15,000 accomplished women executives working to redefine female leadership in the 21st century, has focused efforts to mobilize 1,000 Latinas to break barriers and drive representation for Latina leadership in business through its Latinas in Sight initiative.

Key Points: 
  • How Women Lead , a powerful community of more than 15,000 accomplished women executives working to redefine female leadership in the 21st century, has focused efforts to mobilize 1,000 Latinas to break barriers and drive representation for Latina leadership in business through its Latinas in Sight initiative.
  • Latinas in Sight kicks off National Hispanic Heritage Month, September 15 to October 15, with two events celebrating and empowering Latina leaders.
  • Were not going to wait for other people to break down barriers for us, said Julie Castro Abrams, CEO and Founder of How Women Lead.
  • How Women Leads philanthropic arm, How Women Give, provides grants and invaluable connections to womens and girls organizations on the frontlines of todays most critical issues.

METAVERSE ARTISTS PSYONICS HAVE MUST-SEE PERFORMANCE IN VIRTUAL LIVE ENTERTAINMENT PLATFORM VRJAM'S "5TH DIMENSION"

Retrieved on: 
Wednesday, September 21, 2022

LOS ANGELES, Sept. 21, 2022 /PRNewswire/ -- The phenomenal duo of multiverse missionaries, Psyonics, have performed their first ever virtual live event through popular metaverse platform VRJAM's 5th Dimension. Ahead of their performance, they released their new single "Gelatinous Fatso." The addictive French House track features beats that draws everyone into the virtual world of metaverse and is now available on Spotify HERE.

Key Points: 
  • LOS ANGELES, Sept. 21, 2022 /PRNewswire/ -- The phenomenal duo of multiverse missionaries, Psyonics , have performed their first ever virtual live event through popular metaverse platform VRJAM 's 5th Dimension.
  • The addictive French House track features beats that draws everyone into the virtual world of metaverse and is now available on Spotify HER E .
  • VRJAM is a revolutionary real-time platform for virtual live events and immersive content creation.
  • Using the power of advanced real-time motion capture technology in a live setting, VRJAM has created a virtual reality metaverse platform for artists and fans to experience live music events in another dimension.

EYEBUYDIRECT LAUNCHES SPORT AND FASHION SHIELD COLLECTIONS

Retrieved on: 
Thursday, April 14, 2022

LOS ANGELES, April 14, 2022 /PRNewswire/ -- EyeBuyDirect, the leading online retailer for prescription eyewear, has launched two new collections of shield sunglasses, Time to Shine: Sport Shield and Time to Shine: Fashion Shield, just in time for the sunny summer months ahead. The shields, ranging from $49-72, are available now on EyeBuyDirect.com.

Key Points: 
  • LOS ANGELES, April 14, 2022 /PRNewswire/ -- EyeBuyDirect , the leading online retailer for prescription eyewear, has launched two new collections of shield sunglasses, Time to Shine: Sport Shield and Time to Shine: Fashion Shield, just in time for the sunny summer months ahead.
  • Whether you're gearing up for festival season or grabbing a quick coffee on the way to your spring workout class, it's time to shine in these new sport and fashion shield sunglasses.
  • The two new collections feature the perfect, on-trend accessories for spring/summer 2022 with bold, impossibly cool styles that are practically designed with polarized lenses to shield the bright summer sun.
  • Offering over 3,000 affordable and stylish frames, EyeBuyDirect owns the entire process: from frames design and craftsmanship to eyeglasses manufacturing.

2021 TCS New York City Marathon App Lets Fans Enjoy a Hybrid Race Experience

Retrieved on: 
Friday, October 22, 2021

NEW YORK and MUMBAI, India, Oct. 22, 2021 /PRNewswire/ --Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization and title sponsor of the TCS New York City Marathon, and New York Road Runners (NYRR), the world's premier community running organization, launched the official 2021 TCS New York City Marathon app.

Key Points: 
  • NEW YORK and MUMBAI, India, Oct. 22, 2021 /PRNewswire/ --Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization and title sponsor of the TCS New York City Marathon, and New York Road Runners (NYRR), the world's premier community running organization, launched the official 2021 TCS New York City Marathon app.
  • The 2021 TCS New York City Marathon App is a true hybrid platform that enables in-person and virtual runners, along with their supporters and spectators, to share in the marathon experience.
  • The TCS New York City Marathon app features additional enhancements to create a more immersive experience for virtual runners.
  • Runners, spectators and fans can explore the TCS New York City Marathon course map in AR through the Marathon City: 3D Map, including:
    This new AR experience was created by TCS in a stylized "low-poly" design similar to Marathon City: Sprint to Win and Marathon City: Spin to Win, two inclusive gaming experiences that mimic racing the last 100 meters of the TCS New York City Marathon racecourse through Central Park.