Stockwinners Market Radar for October 04, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

FB

Hot Stocks

18:49 EDT Facebook CTO says services 'may take some time' to become 100% functional - Facebook CTO Mike Schroepfer tweeted: "Facebook services coming back online now - may take some time to get to 100%. To every small and large business, family, and individual who depends on us, I'm sorry." Reference Link
FB

Hot Stocks

18:49 EDT Facebook CTO says services 'may take some time' to become 100% functional - Facebook CTO Mike Schroepfer tweeted: "Facebook services coming back online now - may take some time to get to 100%. To every small and large business, family, and individual who depends on us, I'm sorry." Reference Link
PAYX

Hot Stocks

18:45 EDT Paychex CEO: We had a fantastic quarter - In an interview on CNBC's Mad Money, Martin Mucci said Paychex' clients are rebounding. He expects the small business worker shortage to continue for some time, but sees a gradual increase in overall employment near term.
FB

Hot Stocks

18:39 EDT Rep. Ocasio-Cortez calls for breakup of Facebook following outage - U.S. Representative Alexandria Ocasio-Cortez, a Democrat from New York, tweeted: "If Facebook's monopolistic behavior was checked back when it should've been (perhaps around the time it started acquiring competitors like Instagram), the continents of people who depend on WhatsApp & IG for either communication or commerce would be fine right now. Break them up." Reference Link
MKC

Hot Stocks

18:37 EDT McCormick CEO: We're looking at unprecedented inflation - In an interview on CNBC's Mad Money, Lawrence Kurzius said inflation is high, but the company will manage through it. He does expect some price increases. Demand is "extraordinarily high," but supply chain issues are the limiting factor, he noted.
IBM

Hot Stocks

18:25 EDT IBM CEO expects mid-single digit revenue growth over next few years - In an interview on CNBC's Mad Money, Arvind Krishna said IBM should see mid-single digit revenue growth over the next few years. In the medium-term, he expects high-single digit growth for consulting, and mid-single digit growth for IBM's software business. Krishna sees tremendous opportunity in cybersecurity.
ZIOP

Hot Stocks

18:14 EDT Ziopharm director buys 100K shares of common stock - In a regulatory filing, Ziopharm disclosed that its director Jaime Vieser bought 100K shares of common stock on September 29th in a total transaction size of $191K.
CE

Hot Stocks

18:01 EDT Celanese to raise prices on all acetate tow product grades by 40c per kg - Celanese announced it will raise prices of all acetate tow product grades sold globally by $0.40/kg or EUR 0.34/kg. This price increase will be effective for orders shipped on or after October 18, 2021, or as contracts otherwise allow. "Over the past 18 months, the entire industry has been confronted with a great number of challenges which structurally impact all producers. New regulatory and legislative restrictions have increased the complexity of manufacturing and portfolio requirements, leading to high utilization rates; logistics complexities including equipment and operator availability have added cost and lead-time uncertainties; and major production costs have risen sharply in response to sector demand, conversions and availability," said Harald Bruggeman, Vice President Commercial, Acetate Tow, for Celanese.
LUV

Hot Stocks

17:32 EDT Southwest to require all employees to become vaccinated against COVID-19 - Southwest Airlines said it completed a thorough review of President Biden's COVID Action Plan and determined that the carrier's contracts with the U.S. government require full compliance with the federal vaccination directive. Employees of Southwest Airlines must be fully vaccinated against COVID-19, or be approved for a religious, medical, or disability accommodation, by Dec. 8, 2021, to continue employment with the airline. "Southwest Airlines must join our industry peers in complying with the federal government's COVID-19 vaccination directive," said Gary Kelly, Southwest Airlines Chairman and CEO. "I encourage all Southwest Employees to meet the federal directive, as quickly as possible, since we value every individual and want to ensure job security for all."
ALK

Hot Stocks

17:23 EDT Alaska Air Chairman Tilden sells almost $300K in company shares - Alaska Air Chairman Bradley Tilden sold 4,875 shares of company stock at $60.74 per share, on October 1, for a total transaction amount of $296,098.
RYAM

Hot Stocks

17:07 EDT Rayonier Advanced Materials increases price for cellulose specialties products - Rayonier Advanced Materials announced that, effective immediately, it will increase prices for all its cellulose specialties products by a minimum 15% to 30% percent depending on product grade, as contracts allow. The purpose of this increase is to help the company offset the accelerating impacts of cost inflation throughout its supply chain.
PCAR

Hot Stocks

17:06 EDT Paccar sees Q3 truck deliveries of 33,000 vehicles - The ongoing global semiconductor shortage continues to affect some industries including the automotive sector. The semiconductor shortage has reduced PACCAR's truck deliveries in the third quarter of 2021 by approximately 7,000 vehicles. PACCAR's third quarter 2021 truck deliveries are estimated to be approximately 33,000 vehicles, compared to 40,100 vehicles delivered in the second quarter of 2021. PACCAR anticipates that the semiconductor shortage and associated production inefficiencies will continue in the fourth quarter. PACCAR expects global truck production to strengthen when the supply disruptions are resolved. Global demand for the new Kenworth, Peterbilt and DAF trucks is very strong.
PPIH

Hot Stocks

17:02 EDT Perma-Pipe International announces $3M share repurchase program - Perma-Pipe International announced that its board of directors has authorized a $3M share repurchase program. Share repurchases may be executed through open market or in privately negotiated transactions over the course of the next 12 months.
PSN

Hot Stocks

17:01 EDT Parsons awarded contract to compete for potential $68M U.S. Navy contract - Parsons has won a contract to compete for a potential $68M multiple-award contract to support the enterprise communications and networks division at the Naval Information Warfare Center Pacific for technical development, engineering, and strategic communications in joint and coalition environments. The contract has a three-year base period with four one-year options and will provide continuing command, control, communications, computer and intelligence systems engineering support.
TISI CVX

Hot Stocks

17:01 EDT Team awarded multi-year upstream contract from Chevron - Team (TISI) announced that it has been awarded a multi-year contract from Chevron Corporation (CVX) to provide inspection, testing and analytics as part of their mechanical integrity program. "We are looking forward to the opportunity to expand upon our existing relationship with Chevron to incorporate their upstream assets into our mechanical integrity solutions program," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer. "This contract award is a result of a long-term partnership and track record of successful collaboration. Our new Asset Integrity & Digital Group will work closely with Chevron to provide technology-enabled inspection services and engineering assessment solutions." As part of the contract, TEAM's digital solutions business will integrate Chevron's upstream assets into the OneInsight platform, providing comprehensive integrity and reliability services that include preventative on-site repair and remediation solutions.
AGFY

Hot Stocks

16:57 EDT Agrify spikes 9% after announcing acquisition of cannabis extraction companies - Shares of Agrify, a company that develops "precision" hardware and software grow solutions for the indoor agriculture marketplace are up $1.63 per share in after-hours trading or approximately 9% to $20.10 per share after announcing it had acquired Precision Extraction Solutions and Cascade Sciences, from Sinclair Scientific. "This accretive and transformative acquisition offers us a number of critical benefits including giving us direct access to the thriving global cannabis extract vertical, which is expected to grow to $24B by 2028, increasing our potential customer base by approximately 50%, and nearly doubling our annual revenue in 2021," said CEO Raymond Chang.
AGFY

Hot Stocks

16:47 EDT Agrify acquires extraction firms, Precision and Cascade, in accretive $50M deal - Agrify "a developer of and precision hardware and software cultivation solutions for the indoor agriculture marketplace" announced it has acquired Precision Extraction Solutions and Cascade Science , "two of the leading brands that provide equipment and solutions for extraction, post-processing, and testing for the cannabis and hemp industry, from Sinclair Scientific," said Agrify in an earlier statement. "With the addition of Precision and Cascade, Agrify has expanded its core business beyond cultivation by gaining instant access to complementary and highly attractive areas of the supply chain. These brands have collectively worked with over 30 multi-state operators, MSOs and over a thousand cannabis and hemp customers. Precision and Cascade expect to generate approximately $40M in revenue in 2021 with positive EBITDA. As a result of this transaction, Agrify now has a physical presence in seven states with a growing number of clients and business partners distributed throughout the country," added Agrify. Raymond Chang, CEO of Agrify said, "This accretive and transformative acquisition offers us a number of critical benefits including giving us direct access to the thriving global cannabis extract vertical, which is expected to grow to $24B by 2028," added Chang. Agrify acquired Precision and Cascade with a base purchase price of $50M, consisting of $30M of cash and $20M in value of Agrify common stock, in each case subject to adjustments, escrows, and holdbacks as set forth in the definitive agreement . The total purchase price may be adjusted to up to $65M based on the performance of the Cascade and Precision businesses for the fiscal year ending December 31.. The Agreement includes customary representations, warranties, and covenants regarding Sinclair, Precision, Cascade, and Agrify.
HMN

Hot Stocks

16:32 EDT Horace Mann sees Q3 catastrophe losses in $35M-$40M range - Horace Mann "announced Q3 catastrophe losses are expected to be in the range of $35M to $40M, pretax, most notably driven by the effects of Hurricane Ida. Estimated losses from that storm are approximately $20 million to $25 million, largely due to policyholder losses in the Gulf states. In total, there were 24 events designated as catastrophe losses in the period by Property Claims Services compared with 30 events in the third quarter of 2020 and 17 events in the third quarter of 2019. The company continues to assume fourth-quarter catastrophe losses will be in line with the company's $7M to $9M 10-year average." CEO Marita Zuraitis states: "Third-quarter results will reflect continued strong net investment income performance, the first steps toward the sales trends we have been anticipating and the growing value of our diversification into the Supplemental business line. We will update our full-year 2021 guidance and comment on our 2022 outlook when we report third-quarter results."
FDS

Hot Stocks

16:30 EDT FactSet names Linda Huber as new CFO - Effective October 4, 2021, FactSet Research Systems appointed Linda Huber as the company's Executive Vice President and CFO. Ms. Huber succeeds Helen Shan as CFO, with Ms. Shan continuing to serve as FactSet's Chief Revenue Officer. Ms. Huber brings over 30 years of experience in the financial services industry, including 15 years as a public company CFO. Ms. Huber most recently served as CFO of MSCI Inc. from April 2019 through September 2020.
RGP

Hot Stocks

16:28 EDT Resources Connection in strategic pact with consulting firm Kotter - RGP announced a strategic alliance with Kotter, "a global consulting firm that specializes in helping organizations lead through complex change. The partnership enables RGP and Kotter to accelerate joint business development initiatives, while building out their respective capabilities and increasing strategic value for clients. "We are seeing businesses across every industry adopt transformation and change initiatives more rapidly than ever before amid this rapidly evolving 'now of work' environment," said RGP CEO Kate Duchene. "Kotter's credibility and expertise in the science of change - grounded in Dr. John Kotter's empirical research at Harvard Business School over the past 40-plus years - naturally aligns with our business transformation and change management capabilities and enhances the value we provide to our clients. We are excited to integrate Kotter's proven methodology to help our clients deliver seemingly impossible results at unprecedented speed, "the company said in an earlier statement.
SSSS

Hot Stocks

16:28 EDT SuRo Capital sees Q3 net asset value of $14.15-$15.00 - CEO Mark Klein says: "Overall, during the third quarter we saw positive and robust portfolio activity. Both Forge Global, Inc. and Aspiration Partners, Inc. announced plans to merge with SPACs. This combines with SuRo Capital portfolio company announcements made earlier in the year to represent a total of five SPAC mergers and two IPO announcements as of quarter-end. Additionally, during the third quarter, both Clever, Inc. and CUX, Inc. were acquired. These major achievements by our portfolio companies represent both earned and significant upcoming opportunities to realize gains. Our investment pipeline remains robust. During the third quarter, we added seven new companies to our investment portfolio including Orchard Technologies, Inc., Varo Money, Inc., and PayJoy Inc., among others. We continue to be opportunistic in seeking out exciting high-growth companies."
ZETA

Hot Stocks

16:28 EDT Zeta acquires tech platform, data from Apptness, terms not disclosed - Zeta announced the acquisition of the technology platform and data from Apptness, a digital technology company with proprietary audience engagement technology. Founded in 2015, Apptness operates a digital survey platform that provides comprehensive capabilities to engage consumers on sites across the open web, deliver proprietary insights and audiences to marketers, and provide publishers with new monetization opportunities. The acquired platform will be directly integrated into the Zeta Marketing Platform, expanding and enriching the Zeta Data Cloud with over 45M monthly incremental high fidelity consumer signals. Dominik Szabo, CEO of Apptness, stated, "Apptness has differentiated itself with a strong team focused on driving innovation through dynamic and cutting-edge technology. We believe our product will complement Zeta's approach to delivering high-value return for customers. Our sales and engineering teams are proud to join this incredible organization and be a part of this rapidly growing company."
BODY

Hot Stocks

16:24 EDT Beachbody Company names Blake Bilstad as Chief Legal Officer - The Beachbody Company announced the appointment of Blake Bilstad as Chief Legal Officer and Corporate Secretary of the company, effective October 28. As Chief Legal Officer, Bilstad will serve as a key member of Beachbody's leadership team, reporting to Co-Founder, Chairman and CEO Carl Daikeler. Bilstad succeeds Jonathan Gelfand, who will serve as Executive Vice President, Business and Legal Affairs, Talent Management, and IP Development, a newly created role focused on maximizing the company's trainer and ambassador relationships and intellectual property assets.
GOOD

Hot Stocks

16:23 EDT Gladstone Commercial says portfolio occupancy 97%, September cash rents paid - Gladstone Commercial provided the following business update regarding its portfolio performance during a time of market volatility related to, among other factors, the global COVID-19 pandemic. 99% of September cash base rents have been paid and collected. Portfolio occupancy is in excess of 97%, as of September 30. We remain within a small subset of U.S. equity REITs that have maintained their dividend rate and payment of distributions in tandem with this high level of rental collections during the COVID-19 pandemic. We continue to execute our growth strategy. Year-to-date, we have acquired $45.855M of industrial properties, totaling 367,716 square feet, across eight properties, at an average GAAP capitalization rate of 7.7%, with a weighted average lease term of 15.5 years. On September 20, we announced that we entered into a five-year lease with a rated, investment grade tenant for half of our 320,000 square foot office building located at 717 Parmer Lane in Austin, Texas. We continue to strengthen our team with the hiring of Ryan Carter as an Executive Vice President responsible for acquisitions and the management of existing assets in the West and Midwest regions. Since January 1 and through September 30 we have issued 1.2M shares of common stock for net proceeds of $24.2M. We continue to have ample liquidity and a strong capital structure. As of September 30, our current available liquidity is approximately $33.6M via our revolving credit facility and cash on hand," noted the company in a statement.
MRCY RTX

Hot Stocks

16:22 EDT Mercury Systems announces Mitch Stevison as chief growth officer - Mercury Systems (MRCY) announced that Mitch Stevison has joined the company as executive vice president and chief growth officer, effective October 4. Reporting to Mark Aslett, Mercury's president and chief executive officer, Stevison will drive and align the company's growth strategy across the enterprise. Stevison, a 20-year U.S. Army veteran, brings to Mercury more than 16 years of global experience in the aerospace and defense industry. He comes to Mercury from Raytheon Missiles & Defense (RTX), where he served as vice president of strategy.
LULU

Hot Stocks

16:22 EDT Lululemon board approves $500M boost to share repurchase program - In a regulatory filing, Lululemon said that, on October 1, 2021, its board of directors approved a $500M increase in the remaining authorization of the company's existing stock repurchase program from $141.2M to $641.2M. The repurchase authorization has no time limit and does not require the repurchase of a minimum number of shares. Common shares may be repurchased on the open market or in privately negotiated transactions, including under plans complying with the provisions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of common shares to be repurchased will depend upon market conditions, eligibility to trade, and other factors.
EVRI

Hot Stocks

16:22 EDT Everi Holdings narrows FY21 net income view to $90M-$95M from $87M-$95M - Also narrows FY21 adjusted EBITDA view to $337M-$342M from $332M-$342M. The company states: "The updated full year guidance demonstrates meaningful ongoing annual growth compared to 2020 and pre-pandemic 2019 results, even as the current COVID-19 pandemic environment persists."
ERYP

Hot Stocks

16:19 EDT Erytech Pharma declares maximum tolerated dose of rESPECT trial - Erytech Pharma announced the maximum tolerated dose, or MTD, has been declared in a Phase 1 investigator sponsored clinical trial, or IST, named rESPECT, of its lead product candidate eryaspase for the first-line treatment of pancreatic cancer, defining the recommended dose for future clinical trials in this indication at 100 U/kg. The rESPECT IST is a single arm, dose escalating Phase 1 clinical trial to evaluate the safety of eryaspase in combination with modified Folfirinox. The trial includes pancreatic cancer patients who have received no prior chemotherapy for the treatment of locally advanced or metastatic pancreatic cancer. Folfirinox is one of the most commonly utilized first-line chemotherapy regimens for the treatment of pancreatic cancer, despite its toxicity. Patients were treated across two dose cohorts of 75 U/kg and 100 U/kg eryaspase, with three and six patients included, respectively. After review of the safety data, the dose escalation committee concluded that the novel combination of mFolfirinox plus eryaspase was well tolerated with no DLT. Consequently, the MTD has been declared at a dose of 100 U/kg eryaspase. Interestingly, all six patients evaluated for response achieved disease control, four patients with objective response and two with stable disease. The trial will continue to enroll additional patients at the 100 U/kg dose level to further assesss the safety and clinical activity. The declared MTD of 100 U/kg eryaspase corresponds with the dose currently being used in clinical trial in second-line patients and it can now be taken forward into future late-stage clinical studies in first-line pancreatic patients. Full disclosure of both safety and efficacy information will be made at a future medical congress.
ASXC

Hot Stocks

16:17 EDT Asensus Surgical Paul LaViolette to step down as Board Chair - Asensus Surgica announced that Paul LaViolette, who has served as the company's Board Chair since 2013, will step down as Chair in late October, and intends to leave the Board before the end of the year. M r. LaViolette has informed the Board of his intention to leave the Asensus Board due to his other professional commitments. The board intends to appoint David Milne, an existing Board member, as the company's Chair after Mr. LaViolette steps down. Mr. Milne has been a board member since 2013.
AZEK

Hot Stocks

16:17 EDT Azek names Samara Toole as Chief Marketing Officer - Azek has appointed Samara Toole as the company's Chief Marketing Officer. As a member of AZEK's leadership team, Toole will help strengthen the company's brand prominence and ensure consumers and customers have a stellar and consistent experience with the company. Most recently, Toole served as CMO of California Closets.
SPNE

Hot Stocks

16:16 EDT SeaSpine gets contract from Vizient for its 7D FLASH system - SeaSpine announced its 7D FLASH Navigation System has received an Innovative Technology contract from Vizient, Inc., the nation's largest member-driven health care performance improvement company. The contract was awarded outside of the standard competitive bid cycle based on recommendations by hospital experts and signifies to Vizient members the novel qualities of the 7D FLASH Navigation System that potentially bring improvement to the health care industry. Currently the 7D FLASH Navigation System is the only contracted vendor in the navigation category. Innovative Technology contracts are recommended after review and interaction with products submitted through Vizient's Innovative Technology Program. Vizient member-led councils identify technologies that have the potential to enhance clinical care, patient safety, health care worker safety or improve business operations of health care organizations. The 7D FLASH Navigation System is the only approved image guidance system that utilizes a novel and proprietary camera-based technology and machine-vision algorithms. The system uses only visible light, reducing radiation exposure by eliminating intra-operative CT and fluoroscopy for purposes of registration, both of which commonly are used with other technologies. This results in a registration workflow that takes just seconds and allows surgeons to control the system within the sterile field.
TTOO

Hot Stocks

16:14 EDT T2 Biosystems announces BARDA exercises Option 2A providing additional $6.4M - T2 Biosystems announced that the Biomedical Advanced Research and Development Authority, or BARDA, part of the office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services, has exercised contract Option 2A providing an additional $6.4M of funding for the multiple year cost share contract between BARDA and T2 Biosystems.
NOTV

Hot Stocks

16:13 EDT Inoti acquires firm Plato BioPharma for $15M cash plus shares - Inotiv announced the acquisition of Plato BioPharma "a Colorado-based, in vivo pharmacology research and drug discovery company specializing in cardiovascular, renal, pulmonary and hepatic therapeutic areas.," said the company. Transaction consideration totaled $15M, consisting of: $10M in cash; 57,587 Inotiv common shares having a value of $2M based on the weighted average closing price of Company shares as reported by NASDAQ for the twenty trading-day period ending on September 29 ; and $3M in unsecured promissory notes. Inotiv expects PBI to bolster the Company's growing Boulder, Colorado, discovery operations, noting that PBI is currently expanding its facility space to accommodate approximately double their current business to support the growing demand for services.
NBRV

Hot Stocks

16:12 EDT Nabriva Therapeutics publishes data on anti-inflammatory activity of Xenleta - Nabriva Therapeutics published the first data to demonstrate the anti-inflammatory activity of Xenleta. Xenleta is the first intravenous and oral pleuromutilin approved for the systemic treatment of community acquired bacterial pneumonia in adults. In this nonclinical study of inflammatory lung disease, Xenleta potently inhibited inflammation caused by the migration of neutrophils in the lungs of mice. Importantly, Xenleta also reduced pro-inflammatory cytokines comparable to that observed with dexamethasone and greater than that of azithromycin, a macrolide antibiotic commonly utilized for its anti-inflammatory properties. In this study, the anti-inflammatory effects of Xenleta were evaluated in a mouse model of lung inflammation induced by a toxin called lipopolysaccharide that simulates acute respiratory distress syndrome, or ARDS, similar to that seen with SARS-CoV-2 infection. Single subcutaneous doses of lefamulin resulted in reductions of several measurements of inflammation: dose-dependent reductions of bronchoalveolar lavage fluid neutrophil cell counts, pro-inflammatory cytokine, chemokine and MMP-9 levels that were comparable to or more potent than single oral/intraperitoneal dexamethasone or subcutaneous azithromycin.
SSKN

Hot Stocks

16:09 EDT Strata Skin Sciences names Christopher Lesovitz CFO - STRATA Skin Science announced that Mr. Christopher Lesovitz, STRATA's current Controller, has been named Chief Financial officer. He succeeds Matthew Hill, who has decided to leave effective October 15, 2021 to pursue a new opportunity. Mr. Lesovitz will assume the role of Chief Financial Officer effective October 16.
NVAX

Hot Stocks

16:09 EDT Novavax names Denny Kim, M.D. as SVP, Chief Safety Officer - Novavax announced the appointment of Denny Kim, M.D., MPH to the newly created role of Senior Vice President, Chief Safety Officer and Head of Global Vaccine Safety. Dr. Kim will report to Filip Dubovsky, M.D., MPH, FAAP, Executive Vice President and Chief Medical Officer. Novavax also announced the promotions of Raburn Mallory, M.D. to Senior Vice President, Head of Clinical Development, and Marco Cacciuttolo, Ph.D. to Senior Vice President, Process and Analytical Development.
CMTL

Hot Stocks

16:08 EDT Comtech falls about 13% to $22.10 after Q4 earnings miss, below-consensus guide
GPI

Hot Stocks

16:07 EDT Group 1 Automotive acquires two dealerships in Texas - Group 1 Automotive announced the acquisition of Classic Chrysler Dodge Jeep Ram of Denton and Classic Mazda of Denton within the greater Dallas-Fort Worth metro area of Texas. These two stores are expected to generate approximately $150M in annualized revenues.
IVAC

Hot Stocks

16:07 EDT Intevac Photonics awarded $16M IDIQ contract for Apache Helicopter program - Intevac announced it was awarded a five-year, firm-fixed-price, Indefinite-Delivery/Indefinite-Quantity contract with a maximum value of $16.3M for the continued production of night vision cameras for the Apache Helicopter's Modernized Pilot Night Vision Sensor program for the U.S. Army. This contract, from the U.S. Army's PM Apache Office in Huntsville, Alabama, will provide cameras for new Apache Airframe builds, Foreign Military Sales orders, and spares. This contract vehicle enables the U.S. Army to procure additional units through August 2026 at pre-negotiated pricing. The Electronic Image Intensification camera is based on Intevac's patented EBAPS digital imaging sensor for extreme low-light level detection.
GLPG

Hot Stocks

16:06 EDT Galapagos presents new data from SELECTION Phase 3 program at UEGW - Galapagos announced results of two post-hoc analyses from the SELECTION and SELECTION LTE studies, which are part of the investigational clinical program for filgotinib, for the treatment of patients with moderately to severely active UC. These analyses showed clinical benefits of continued dosing with filgotinib 200mg, an oral once-daily JAK1 preferential inhibitor, in patients who did not respond at week 10. Separately, HRQoL benefits of filgotinib 200mg treatment versus placebo, in patients with UC were shown. These data will be presented at the UEGW virtual 2021 congress .
RSSS

Hot Stocks

16:06 EDT Research Solutions names Roy Olivier as CEO - Research Solutions announced its Board of Directors appointed Roy Olivier as President and CEO. Olivier had been serving as interim CEO since March 26, 2021. Olivier joined the Board in 2018 and has served as Interim CEO of Research Solutions since March of 2021. Previously, he served as president, CEO, and board member of ARI Network Services.
CALM

Hot Stocks

16:06 EDT Cal-Maine Foods announces strategic investment in MeadowCreek - Cal-Maine Foods announced the company's Board of Directors has approved a strategic investment that will specialize in high value commercial product solutions targeting specific needs in the food industry. The initial focus will include hard-cooked and extended shelf-life egg product lines. The new entity, located in Neosho, Missouri, will operate as MeadowCreek Foods, LLC. Cal-Maine Foods will capitalize MeadowCreek with up to $18.5M in debt and equity to purchase property and equipment and to fund working capital. Cal-Maine Foods will retain a controlling interest in the venture. The MeadowCreek management team will be led by Ronald B. Bennett. Cal-Maine Foods will serve as the preferred provider to supply specialty and conventional eggs that MeadowCreek needs to manufacture egg products. MeadowCreek's marketing plan will expand Cal-Maine Food's reach in the foodservice and retail marketplace and bring new opportunities in the restaurant, institutional and industrial food products arena.
CRMD

Hot Stocks

16:05 EDT CorMedix CEO Khoso Baluch retires, Matt David named interim CFO - CorMedix announced changes to its executive leadership team. Khoso Baluch is retiring from his role as CEO, effective October 4 and has also resigned from the company's board of directors. John Armstrong, EVP for Technical Operations, is retiring from CorMedix, effective October 4. The board has appointed Matt David CorMedix's EVP and CFO as interim CEO, effective immediately. David will continue to hold his position of CFO. The board is initiating a search process with an executive search firm to identify a permanent CEO. Baluch will serve the company in an advisory capacity to facilitate a transition.
DMTK LRLCY

Hot Stocks

16:03 EDT DermTech names L'Oreal executive Keraudy to board of directors - DermTech (DMTK) announced the appointment of Nathalie Gerschtein Keraudy, President of the Consumer Products Division of L'Oreal (LRLCY), to its board of directors. "Nathalie has tremendous experience in building brands that consumers, clinicians, and the world recognize and trust," said Matt Posard, the Chairman of DermTech's board of directors. "Her unique and diverse perspectives will complement our efforts to make DermTech the trusted brand for genomic products that transform dermatologic care."
CMTL

Hot Stocks

16:02 EDT Comtech names COO Michael Porcelain as new CEO - Comtech announced that its President and COO Michael Porcelain will become CEO, succeeding Fred Kornberg, by the end of calendar 2021. Mr. Porcelain will also continue as President of Comtech and join its Board of Directors. It is anticipated that Mr. Kornberg will become an advisor to the Company on technology matters and continue as a director and a non-executive Chairman of the Board.
SGMS

Hot Stocks

16:01 EDT Scientific Games wins two major contracts from Pennsylvania Lottery - Scientific Games announced it won a 10-year base contract from the Pennsylvania Lottery to provide its world-leading instant games and Scientific Games Enhanced Partnership for lottery instant game services, as well as a 10-year base contract to provide lottery gaming systems services across the network of nearly 10,000 Pennsylvania Lottery retailers in the Commonwealth. Supplying the Pennsylvania Lottery since its inception nearly 50 years ago, Scientific Games has a proven record, partnering with the Lottery to responsibly drive record proceeds, including 10 consecutive years of $1 billion+ profits for programs benefitting older Pennsylvanians.
TWTR FB

Hot Stocks

15:38 EDT Twitter users reporting outages, says DownDetector - Twitter (TWTR) users are reporting problems using the platform, according to DownDetector. The news comes after Instagram and Facebook (FB) users also reported issues on both services. Reference Link
AMPY

Hot Stocks

15:36 EDT Amplify Energy trading resumes
ISUN

Hot Stocks

15:33 EDT iSun completes accretive acquisition of SunCommon for $25.5M cash plus shares - iSun announced the completion of its acquisition of SunCommon previously announced on September 8. Transaction consideration to SunCommon shareholders includes approximately $25,534,621 in cash and an aggregate of 1,810,915 shares of ISUN shares of Common Stock of iSun; provides for the future distribution of $2.5M directly to SunCommon employees, expands eligibility under the Company's Equity Incentive Plan to all iSun employees, and provides for $1.5M working capital infusion into SunCommon, now a wholly owned subsidiary of iSun Residential. Anticipated to be accretive to earnings as a result of increased combined revenues and net income as of Q4 2021. Alignment of software, shared services and vendor base will enable synergies with expected $1.25M in savings in year-1 and provide opportunities to reduce customer acquisition costs across all business segments.
AMPY

Hot Stocks

15:31 EDT Amplify Energy trading halted, volatility trading pause
DAL...

Hot Stocks

15:22 EDT Delta announces five new routes and modernized fleet to debut at Boston's Logan - In an earlier statement to Delta (DAL) News Hub, the airliner said: "Five new routes and more modernized, fuel-efficient aircraft are set to debut at Logan International Airport in 2022, as Boston's No. 1 global airline continues building up a premier hub and international gateway.'We've strengthened our Boston hub as demand has accelerated, adding about 3,800 more seats a day by next summer than our last peak in 2019," said Joe Esposito, Delta's S.V.P. - Network Planning. "Boston is a fast-growing market with a booming economy, and we're committed to offering customers significant choice and better convenience when making their travel plans, in addition to Delta's superior products and experience." By next summer in Boston, Delta will operate up to 160 daily nonstop flights to 55 destinations, a more than 20% increase in capacity since our pre-pandemic height in October 2019. Including Delta's partners, customers can connect to more than 150 cities across the globe.We are excited to welcome new Delta flights to Boston, connecting visitors and travelers to exciting destinations around the world," said Massachusetts Governor Charlie Baker. "These flights coming to Logan Airport in 2022 will allow more people to access hundreds of destinations and the global economy." The Fly notes that American Airlines (AAL) and JetBlue (JBLU) debuted the Northeast Alliance in early 2021, a venture that allows the carriers to sell tickets on each other's planes and coordinate schedules in the region.
GM

Hot Stocks

15:01 EDT Engine No. 1 announces investment in GM, support for all-electric fleet plans - Engine No. 1 formally announced its investment in and support for General Motors' "vision to transform its business to create an all-electric fleet and enhance long-term shareholder value." Engine No. 1 said it "has had very constructive and collaborative two-way conversations with GM. The firm's Total Value Framework places a tangible value on GM's commitment to BEVs and supports the economic case for the company's transition plans." Chris James, founder of Engine No. 1, added: "GM's goal to go 100% electric by 2035 signals one of the largest transformations in the history of the auto industry and creates an opportunity to re-center the battery supply chain in America. The company's early lead on battery technology, along with Mary Barra and the board's leadership, creates tremendous advantages. There's a narrative that only tech companies can move quickly to embrace change and win as the world changes. We don't think that's true. With the right leadership at the board and management level, incumbent companies can transform themselves and their own industry by aggressively investing in the near term in order to drive value creation over the long-term. GM has that leadership."
RBC...

Hot Stocks

14:59 EDT Zurn Water Solutions completes spin-off - Zurn Water Solutions (ZWS), formerly known as Rexnord Corporation, announced that it completed the previously announced spin-off of its Process & Motion Control business in a Reverse Morris Trust transaction. The remaining Water Management platform is now a stand-alone business under the name Zurn Water Solutions Corporation. Shares of its common stock will begin trading on the NYSE tomorrow under the ticker symbol "ZWS." Under the previously disclosed terms of the transaction, the company completed the spin-off of its PMC segment into Regal Rexnord Corporation, formerly known as Regal Beloit Corporation. As a result of the transaction, stockholders received 0.22296103 shares of Regal common stock for each share of our common stock owned as of the record date for the transaction. "Today is an exciting day as we transition to a pure-play water solutions company that provides a premier ecosystem of products and solutions that protect human health and the environment. With the broadest product offerings within water safety and control, hygienic and environmental and flow systems, we are able to help customers save water, protect the environment, reduce cost and ultimately create value. With a strong foundation grounded in a customer-centric and continuous improvement mindset, we will continue to strengthen our competitive advantages and create long-term sustainable value for our associates, customers and shareholderst," said Todd Adams, Chairman and CEO of Zurn Water Solutions. Regal Beloit (RBC) and Rexnord (RXN) previously announced that they expected to complete the proposed combination of the Process & Motion Control Business of Rexnord with Regal through a Reverse Morris Trust transaction on October 4, subject to satisfaction or waiver of the applicable closing conditions. Following completion of the transactions, Regal will change its name to "Regal Rexnord Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "RRX."
CLF

Hot Stocks

14:53 EDT Cleveland-Cliffs' UAW workers ratify 3-year contract at Rockport Works - Cleveland-Cliffs announced that its employees represented by the United Auto Workers Local 3044 have ratified a three-year labor contract for its Rockport Works operation. The new contract is effective from October 1, 2021 through September 30, 2024. The new contract will cover approximately 350 UAW-represented workers at Rockport. Lourenco Goncalves, Chairman, President and CEO, stated, "Our union workforce is at the core of not just what we do but American manufacturing as a whole, and we are pleased to continue our commitment to good-paying middle class jobs with a new labor agreement at Rockport. Our local team at Rockport is committed to the long-term health and success of our Company, our country, and our environment, and as such, we were able to get a deal done that is fair and equitable for both sides." Mr. Goncalves added, "We embrace our Unions as partners and allow for participation in our success. Our partnership is a powerful one, and with this latest deal, we will maintain our competitive cost structure in flat-rolled steel relative to any of our peers."
GIB

Hot Stocks

14:36 EDT CGI Federal acquires Array, terms not disclosed - CGI announced that CGI Federal Inc. acquired Array Holding Company, a digital services provider that optimizes mission performance for the U.S. Department of Defense and other government organizations. This merger will expand CGI Federal's footprint into strategic markets, such as the U.S. Air Force and Space Command and add to its digital modernization and DevOps capabilities. The two companies entered into a definitive agreement on July 16, 2021 and the transaction closed on Oct. 1, 2021.
AZN

Hot Stocks

14:05 EDT AstraZeneca to pay $560,000 on alleged pay discrimination, DOL reports - The U.S. Department of Labor's Office of Federal Contract Compliance Programs has entered into a conciliation agreement with AstraZeneca to resolve alleged race and gender-based pay discrimination affecting 318 female and Hispanic employees at its North American commercial headquarters in Wilmington. Under the agreement, AstraZeneca agreed to pay $560,000 in back pay and interest to the 318 employees. Reference Link
OWLT

Hot Stocks

13:53 EDT Owlet falls after receipt of warning letter from FDA - In a regulatory filing, Owlet disclosed that on October 1, the company received a Warning Letter, dated October 1, from the United States Food and Drug Administration. "The Warning Letter asserts that the company's marketing of its Owlet Smart Sock product in the United States renders the Smart Sock a medical device requiring premarket clearance or approval from FDA, and that the company has not obtained such clearance or approval in violation of the Federal, Food, Drug, and Cosmetic Act. The Warning Letter requests that the company take prompt action to address the alleged violations. Among other things, the Warning Letter requests the company cease commercial distribution of the Smart Sock for uses in measuring blood oxygen saturation and pulse rate where such metrics are intended to identify or diagnose desaturation and bradycardia using an alarm functionality to notify users that measurements are outside of preset values. The Warning Letter also identifies certain marketing claims that FDA believes render the Smart Sock a medical device. The company intends to fully cooperate with FDA to resolve the Warning Letter, including through the pursuit of a marketing authorization application for uses of the Smart Sock identified as medical device uses. In addition, the company plans to issue a timely response to FDA, and further engage with FDA, regarding modifications and marketing changes to the Smart Sock with the goal of enabling continued commercial distribution of a modified product prior to receipt of any such marketing authorization that may be granted. The company cannot, however, give any assurances that FDA will be satisfied with the company's actions taken in response to the matters raised in the Warning Letter. The company also cannot give any assurances as to the timing of the resolution of such matters," Owlet said in its filing. In Monday afternoon trading, Owlet shares are down $1.30, or 24%, to $4.19.
NTRS

Hot Stocks

13:29 EDT Northern Trust wants employees to be vaccinated by November 9, says Gasparino - Charles Gasparino of Fox Business Netword said via Twitter: "Northern Trust's new vaccination policy gives employees until Nov 9 to get vaccinated or exempted from vaccination or face 'disciplinary action up to and including termination.'" Reference Link
VLVLY GELYF

Hot Stocks

13:11 EDT Volvo intends to launch IPO and list on Nasdaq Stockholm - Volvo (VLVLY) announced its intention to launch an Initial Public Offering and list on Nasdaq Stockholm. The company said the announcement is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy any securities of Volvo Cars, and such securities in the United States, Australia, Canada or Japan or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction. The Securities referred to herein may not be sold in the United States unless they are registered under the U.S. Securities Act of 1933, as amended or are exempt from registration. Any offering of the Securities described in the announcement have not been and will not be registered under the U.S. Securities Act and accordingly any offer or sale of these Securities may be made only in a transaction exempt from the registration requirements of the U.S. Securities Act. Any Securities sold in the United States will be sold only to "qualified institutional buyers." There will be no public offering of the Securities referred to herein in the United States. The Fly notes that Volvo is part owned by Geely (GELYF).
NTP

Hot Stocks

12:48 EDT IsZo announces dismissal of appeal by Nam Tai Property - IsZo Capital Management LP, which beneficially owns approximately 15% of the outstanding shares of Nam Tai Property, announced that the Eastern Caribbean Court of Appeal has dismissed Nam Tai's appeal against the Eastern Caribbean Supreme Court's March 2021 decision to void the company's October 2020 $170M private placement with Kaisa Group Holdings Limited's wholly-owned subsidiary, Greater Sail Limited, and West Ridge Investment Company Limited. The Court of Appeal's three-member panel unanimously decided to dismiss Nam Tai's appeal, IsZo said, adding that "The decision from the Court of Appeal follows the Court finding that Nam Tai's Board of Directors acted for an improper purpose when initiating the highly-dilutive private placement last year. Nam Tai told shareholders at the time that it initiated the transaction in order to 'mitigate meaningful risks to our financial stability,' but the Court rightly found that it was initiated in order to maintain Kaisa's de facto control over the Company and undermine IsZo's efforts to reconstitute the Board at a requisitioned meeting of shareholders."
MS

Hot Stocks

12:46 EDT Morgan Stanley backs off September return to office date, Gaparino says - Charles Gasparino said via Twitter that "Morgan Stanley has backed off CEO James Gorman's edict employees must return to the office by September." According to Gasparino, "Employees are given a choice to work from home or office if vaxed Today vaccinated employees can begin office work every day." Reference Link
TMUS

Hot Stocks

12:33 EDT Some T-Mobile users reporting problems, says DownDetector - Reference Link
FB

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12:15 EDT Instagram users reporting outages, says DownDetector - Reference Link
FB

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12:14 EDT Facebook users reporting outages, DownDetector says - Reference Link
PFE BNTX

Hot Stocks

12:12 EDT Pfizer, BioNTech receive CHMP positive opinion for Covid vaccine booster in EU - Pfizer (PFE) and BioNTech SE (BNTX) announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency issued a positive opinion on the administration of the companies' COVID-19 vaccine as a booster dose at least six months after the second dose in individuals 18years of age and older. The European Commission will review the CHMP recommendation and is expected to make a final decision on a variation to the Conditional Marketing Authorization in the near future, the companies said in a statement, adding that if the EC grants the variation regarding a booster dose, the decision will be immediately applicable to all 27 EU member states. Pfizer and BioNTech said they continue to supply the vaccine, including sufficient volume for boosters, under their existing supply agreement with the EC and note that the companies do not expect the introduction of booster doses in the United States and the EU, if authorized, to impact the existing supply agreements in place with governments and international health organizations around the world.
PFE BNTX

Hot Stocks

12:10 EDT Pfizer, BioNTech receive CHMP positive opinion for Covid vaccine booster in EU
GPS

Hot Stocks

12:02 EDT Gap acquires AI startup Context-Based 4 Casting, terms not disclosed - Gap has acquired the New York and Tel Aviv based start-up Context-Based 4 Casting. The company "uses cutting-edge AI and machine learning tools to transform retail operations, increase sales and improve the customer experience through predictive analytics and demand sensing," Gap said. The deal was brokered by Gap Inc.'s Strategic Growth Office, a unit of the company that seeks out opportunities to fuel growth and accelerate new capabilities across its portfolio of brands. CB4's technology makes recommendations that support new sales and more satisfied customers. Funded by investors including Sequoia Capital, CB4's technology has been implemented by retailers including Levi's, Urban Outfitters, Lidl, and Kum & Go. As part of the acquisition, CB4's team will join Gap Inc. as full-time employees.
GB

Hot Stocks

12:00 EDT Global Blue falls -17.1% - Global Blue is down -17.1%, or -$1.28 to $6.22.
OWLT

Hot Stocks

12:00 EDT Owlet falls -23.0% - Owlet is down -23.0%, or -$1.26 to $4.22.
AMPY

Hot Stocks

12:00 EDT Amplify Energy falls -42.0% - Amplify Energy is down -42.0%, or -$2.41 to $3.34.
BTU

Hot Stocks

12:00 EDT Peabody Energy rises 11.6% - Peabody Energy is up 11.6%, or $1.82 to $17.47.
ESTE

Hot Stocks

12:00 EDT Earthstone Energy rises 14.8% - Earthstone Energy is up 14.8%, or $1.42 to $10.95.
BHIL

Hot Stocks

12:00 EDT Benson Hill rises 16.2% - Benson Hill is up 16.2%, or 98c to $7.03.
FCUV

Hot Stocks

11:35 EDT Focus Universal Inc trading resumes
GSK VIR

Hot Stocks

11:32 EDT GSK announces purchase agreement with Government of Canada for sotrovimab - GlaxoSmithKline (GSK) announced it has signed an agreement with the Government of Canada to supply 10,000 doses of sotrovimab for injection, a COVID-19 monoclonal antibody therapy developed by GSK and Vir Biotechnology (VIR). The agreement, negotiated with Public Services and Procurement Canada and the Public Health Agency of Canada, will enable provincial and territorial healthcare systems to access sotrovimab starting in October 2021 to treat patients with mild to moderate COVID-19 symptoms who are at high risk for progressing to hospitalization or death. The agreement includes the option for the Government of Canada to purchase additional doses in 2022 based on emerging needs.
FCUV

Hot Stocks

11:30 EDT Focus Universal Inc trading halted, volatility trading pause
OSCR

Hot Stocks

11:24 EDT Oscar Health enters agreements with Miami-Dade Health Systems to offer insurance - Oscar Health has announced that it's working with University of Miami Health System and Jackson Health System to offer Oscar Individual and Family health insurance plans across Miami-Dade County beginning 2022. These health plans are anticipated to be sold on the federal health insurance exchange, with coverage to begin on January 1, 2022.
YOU AAPL

Hot Stocks

11:24 EDT Clear Secure announces Health Pass integration with Apple's Health app - CLEAR (YOU) announced earlier that Apple (AAPL) iPhone users can now securely share verifiable health records from the Apple Health app with CLEAR's Health Pass. "With iOS 15, iPhone users who have downloaded and stored verified COVID-19 vaccination records in the Health app are now able to securely share them for use on their Health Pass for seamless access to CLEAR's nationwide network of Health Pass partner locations," the company stated.
FSS

Hot Stocks

11:06 EDT Federal Signal completes acquisition of Ground Force Worldwide - Federal Signal announced that it has completed the acquisition of substantially all the assets and operations of Ground Force Worldwide, a manufacturer of specialty material handling vehicles that support the extraction of metals. The signing of the purchase agreement was previously announced on September 8. The transaction involves cash consideration of $45M, subject to post-closing adjustments. Jennifer Sherman, President and CEO, said, "Ground Force is well-positioned to capitalize on a number of tailwinds expected to drive future growth, including robust industrial activity, vehicle electrification, and other green initiatives. The acquisition provides opportunity for long-term value creation through operational improvement and organic growth initiatives, while also providing a platform for further acquisitions in this space."
LMT

Hot Stocks

10:33 EDT Lockheed Martin opens advanced production facility in Alabama - Lockheed Martin announced the grand opening of an advanced production facility in Courtland, Alabama, focused on hypersonic strike production. Capitalizing on critical digital factory capabilities to deliver this technology, the corporation is working closely with the U.S. Department of Defense to deliver new 21st-century warfare capabilities. The facility represents Lockheed Martin's commitment to establishing northern Alabama as the base of the company's hypersonic strike programs. The 65,000-square-foot Hypersonic Missile Assembly Building 4 is built on the digital foundation that Lockheed Martin has prioritized through mission-driven transformation efforts across the enterprise to meet customer needs with speed and agility while bolstering U.S. manufacturing capability. The second Conventional Prompt Strike production facility onsite, this location integrates critical digital transformation advancements such as robotic thermal protection application capabilities, smart torque tools and mixed-reality capabilities for training and virtual inspections. The machines in this facility also will connect to the company's Intelligent Factory Framework early next year, which digitally links production facilities and assets across the Lockheed Martin enterprise to help enable unprecedented insights into the health, status and optimization of operations. The Courtland site houses one of four manufacturing facilities Lockheed Martin is opening in the United States within one year.
XYL

Hot Stocks

10:32 EDT Xylem, Dragos partner to bring cybersecurity to water utilities - Xylem and Dragos announced they have partnered to bring industrial cybersecurity to critical infrastructure in the water sector. The agreement will see Xylem and Dragos offering co-branded incident response and incident prevention services to Xylem's water utility customers worldwide. The companies said,"The partnership brings water utilities the most experienced teams of digital water experts and industrial cybersecurity practitioners. The Xylem-Dragos Incident Response Service builds on Xylem's robust product security framework, and works in conjunction with utilities' existing security systems, providing an extra layer of protection. The partnership can also deliver both proactive threat hunting in addition to rapid response, increasing uptime and operational certainty. The service, available on a retainer basis, hardens industrial control systems to prevent incidents, rapidly responds to industrial intrusions, and reduces mean time to recovery."
PTGX

Hot Stocks

10:25 EDT Protagonist announces data from Phase 2 Rusfertide study at AASLD meeting - Protagonist Therapeutics announced earlier that an abstract highlighting new results from its Phase 2 study of rusfertide in hereditary hemochromatosis, or HH, has been selected for oral presentation at The Liver Meeting 2021, hosted by the American Association for the Study of Liver Diseases, or AASLD, taking place virtually November 12-15. As previously announced on September 17, Protagonist's rusfertide clinical trials have been placed on clinical hold by the U.S. Food and Drug Administration. The company it is "working closely with the FDA to determine next steps for the rusfertide development program." Dinesh Patel, Ph.D., President and CEO of Protagonist, added: "We are pleased to have this opportunity to share new data on rusfertide that establishes clinical proof-of-concept in hereditary hemochromatosis. We are especially pleased and honored that this data has been selected by AASLD for an oral presentation. The Liver Meeting brings together the world's most esteemed experts in hepatology." In the abstract, Protagonist reported that sixteen patients, 10 male/6 female, were enrolled. Mean age and weight were 62.5 years and 88.1 kg, respectively. Average prestudy phlebotomy rate was 0.27 phlebotomies/month compared to 0.03 phlebotomies/month during study. Baseline TSAT was 45.0% compared to an average of 30.4% during study. Serum iron were reduced from 24.5 micromol/L prestudy to an average of 17.7 micromol/L during the study. LIC values were maintained at prestudy levels. There was no significant difference in average serum ferritin post-treatment relative to baseline. Average serum transferrin post-treatment was similar to baseline. Improvements were noted in SF-36 Role Physical and Role Emotional subcomponents. All treatment-related AEs were characterized as CTCAE grade 1 or 2. The conclusion states: "Rusfertide demonstrated a pharmacologic effect in reducing TSAT and serum iron. These pharmacodynamic effects corresponded with a reduced need for phlebotomy during the study, control in LIC and improvements in patient reported outcomes. These data indicate rusfertide was well tolerated in patients with HH and controls LIC in the absence of phlebotomy, supporting development of rusfertide as a treatment for HH." Reference Link
INTU

Hot Stocks

10:23 EDT Intuit enters multi-year strategic partnership with Toronto Raptors - Intuit announced that it has entered into a multi-year strategic partnership with the Toronto Raptors naming Intuit TurboTax as the team's exclusive Personal and Business Tax Software. The company said, "Intuit TurboTax in partnership with The Raptors will put fans on the offence this tax season, ensuring they feel prepared and empowered in managing their taxes without missing a tip-off from their favourite basketball team. This deal follows the recent announcement about Intuit's 23-year partnership with the LA Clippers, further extending Intuit's partnership within the NBA."
PRU

Hot Stocks

10:12 EDT Prudential announces creation of Prudential Retirement Strategies - Prudential Financial announced the creation of Prudential Retirement Strategies, a new U.S. business that will serve the retirement needs of both individual and institutional customers. Effective today, this new business, to be led by Dylan Tyson, president, Prudential Retirement Strategies, will combine the company's Individual Annuities business and Retirement Institutional Investment Products, which includes pension risk transfer and international reinsurance, among others. The company said, "The move positions Prudential with unique breadth and scale in the retirement marketplace to protect critical financial outcomes for individuals and institutions." Yanela Frias, previously president of Prudential Retirement, will become president of Prudential's Group Insurance business. Frias also retains responsibility for Prudential's full-service retirement plan recordkeeping and administration business until its sale to Empower Retirement closes, which is expected in the first quarter of 2022, pending customary regulatory approvals. Prudential's U.S. Insurance and Retirement Businesses portfolio, led by Feeney, includes oversight of Group Insurance, Individual Life Insurance, Retirement Strategies, and the Retail Advice and Solutions organization, as well as key support functions, which include Enabling Solutions and Enterprise Capabilities. Feeney continues to report to Executive Vice President and Head of U.S. Businesses Andy Sullivan.
STVN

Hot Stocks

10:10 EDT Stevanato Group initiates construction on new U.S. facility in Indiana - Stevanato Group announced that it will begin construction on its new U.S. facility in Fishers, Indiana, this month. The site, expected to be operational in 2023, is expected to enable Stevanato Group to be in closer proximity to its North America pharmaceutical customers and to provide an additional supply source for its mission critical products to serve customers better. Stevanato Group expects to invest approximatively $145M to build and equip the manufacturing facility. The plant, which is expected to be up to 370,000 square feet, will support the expansion and production of Stevanato Group's EZ-Fill solutions, pre-sterilized drug containment systems for pharmaceutical use. The facility is expected to house production lines equipped with advanced process technologies to produce EZ-Fill syringes and vials. The company said, In addition, we plan to use the new facility as a center for after-sales support dedicated to serving its North America engineering customers, offering technical support as well as maintenance for visual inspection, assembly and packaging equipment. The new Fishers plant is expected to enhance Stevanato Group's North America footprint by allowing it to serve customers with an integrated approach, from design and development through commercialization. Stevanato Group plans to do this through the combined capabilities of its Technology Excellence Center based in Boston, offering scientific analytical capabilities; the Indiana EZ-Fill hub, delivering drug containment solutions that drive real value; and its device manufacturing facility in California." Stevanato Group's facility is expected to be part of a new pharmaceutical and life sciences park in Fishers, and the company intends to hire more than 230 new local employees by the end of 2025 for roles in production, engineering and maintenance, as well as other corporate support positions.
CWK

Hot Stocks

10:08 EDT Cushman & Wakefield acquires S.C. operations of Morton G. Thalhimer - Cushman & Wakefield announced the firm has acquired the South Carolina operations of its long-time alliance member Morton G. Thalhimer, Inc., including three offices located in Charleston, Greenville and Columbia. The company said, "Founded in Glen Allen, Virginia, in the early 20th century, Thalhimer brings experience in a variety of services, including tenant representation, landlord representation, property disposition, buyer representation, property management, project management and development. Operating as a unified team, Cushman & Wakefield and alliance member firms integrate the strength of local talent, relationships and market intelligence with the full capacity of Cushman & Wakefield's resources and platform." Brett Gray, Managing Principal based in the firm's Charlotte, North Carolina, office, will oversee South Carolina operations.
MDT

Hot Stocks

10:07 EDT Medtronic announces publication of study on continuous rhythm monitoring - Medtronic announced the publication of a study demonstrating, through the use of a Medtronic continuous rhythm monitoring device, that atrial fibrillation is directly and transiently associated with ischemic stroke. The findings were published online on September 29 in JAMA Cardiology. Stroke impacts more than 795,000 people every year. More than 87% of strokes are ischemic strokes, which occur when vessels that allow blood to flow to the brain are blocked.1 AF is a major risk factor for ischemic stroke, increasing risk of stroke 5-fold compared with those patients who do not have AF. This retrospective case-crossover study leveraged data from 466,635 patients included in both the Optum deidentified electronic health record and the Medtronic CareLink network databases. Of those, a total of 891 patients with Medtronic cardiovascular implantable electronic devices capable of continuous rhythm monitoring sustained both an ischemic stroke and received 120 days of continuous monitoring prior to their stroke. A threshold of AF exposure was defined as AF lasting 5.5 hours or more on any given day. Patients were evaluated during a case period that included days 1 to 30 prior to the index stroke and a control period that included days 91 to 120 prior to the event. It was found that 76.5% subjects had no AF meeting the threshold in either 30-day period, 16% had at least one day with 5.5 hours or more of AF in both periods, and 7.4% had informative, discordant rhythm patterns. Key findings were as follows: Among patients with CIEDs with informative, discordant rhythm patterns, having AF of 5.5 hours or more raised the 30-day risk of ischemic stroke more than three-fold. Stroke risk was highest within five days of a 5.5 hour or more episode of AF and diminished rapidly thereafter. A temporal association between AF and stroke was not seen in patients who had been prescribed oral anticoagulants. In this study, subjects evaluated had Medtronic CIEDs capable of continuous heart rhythm monitoring via the Medtronic CareLink network, including 114 patients with Medtronic insertable cardiac monitors and 777 with various Medtronic transvenous devices with atrial leads, including implantable cardioverter defibrillators, cardiac resynchronization therapy devices, and pacemakers.
DKNG

Hot Stocks

10:03 EDT DraftKings expands with addition of office at UnCommons in Las Vegas - DraftKings announced its latest office location to be based out of Las Vegas, where the company expects to eventually have an expanded team of more than 1,000 employees. The company's new 90,000-square-foot technology hub will occupy much of an entire building at UnCommons, Matter Real Estate Group's 40-acre modern workplace and stylized mixed-use community coming to Southwest Las Vegas in early 2022. The DraftKings' new Las Vegas office will be the second largest for the company and will closely model its Boston headquarters, complete with a customized DraftKings-branded floor plan and collaborative workspaces, as well as access to a variety of entertainment and workstations.
BAESY

Hot Stocks

10:01 EDT BAE Systems selected for $68.5M contract by U.S. Navy - BAE Systems will continue providing lifecycle sustainment, integration, and engineering services to support U.S. aircraft carriers after being selected for a five-year, $68.5M indefinite delivery, indefinite quantity contract. Under the Air Traffic Control and Landing Systems Engineering Products & Technical Services contract awarded earlier this year, BAE Systems will leverage decades of program history to develop, produce, equip, test, evaluate, sustain, and update the AN/SPN-46 Automatic Carrier Landing System. "With this win, BAE Systems retains a key air traffic control contract that we have held since 1973 to provide industry-leading systems integration capabilities and solutions that ensure the safety of critical carrier-based landing systems," said Lisa Hand, vice president and general manager of BAE Systems' Integrated Defense Solutions business.
PRTH

Hot Stocks

10:01 EDT Priority Technology appoints Praveer Kumar as CTO, Sean Kiewiet as CSO - Priority Technology Holdings announced several new roles among its leadership team. New leadership roles include: Sanj Goyle, former CEO of Finxera, Inc., will lead Priority's consumer finance division; Praveer Kumar, former Chief Technology Officer of Finxera, was appointed Priority's new CTO, a position previously held by Sean Kiewiet; Kiewiet has been named to the newly created position of Chief Strategy Officer; Carlos Navarro, formerly with JP Morgan Chase and Elavon, has joined the company as Chief Revenue Officer.
CNF

Hot Stocks

10:00 EDT CNFinance falls -9.8% - CNFinance is down -9.8%, or -56c to $5.14.
OPAD

Hot Stocks

10:00 EDT Offerpad Solutions falls -17.8% - Offerpad Solutions is down -17.8%, or -$1.50 to $6.95.
OWLT

Hot Stocks

10:00 EDT Owlet falls -29.8% - Owlet is down -29.8%, or -$1.63 to $3.85.
NRP

Hot Stocks

10:00 EDT Natural Resource Partners rises 8.4% - Natural Resource Partners is up 8.4%, or $2.09 to $26.91.
CEIX

Hot Stocks

10:00 EDT Consol Energy rises 8.8% - Consol Energy is up 8.8%, or $2.50 to $30.80.
BTU

Hot Stocks

10:00 EDT Peabody Energy rises 11.4% - Peabody Energy is up 11.4%, or $1.79 to $17.44.
OPAD

Hot Stocks

09:47 EDT Offerpad Solutions falls -13.6% - Offerpad Solutions is down -13.6%, or -$1.15 to $7.30.
OWLT

Hot Stocks

09:47 EDT Owlet falls -26.6% - Owlet is down -26.6%, or -$1.46 to $4.02.
AMPY

Hot Stocks

09:47 EDT Amplify Energy falls -45.0% - Amplify Energy is down -45.0%, or -$2.59 to $3.16.
BTU

Hot Stocks

09:47 EDT Peabody Energy rises 7.3% - Peabody Energy is up 7.3%, or $1.14 to $16.79.
SPIR

Hot Stocks

09:47 EDT Spire Global rises 7.4% - Spire Global is up 7.4%, or 53c to $7.63.
TGP

Hot Stocks

09:47 EDT Teekay LNG rises 7.6% - Teekay LNG is up 7.6%, or $1.20 to $16.89.
WISH

Hot Stocks

09:38 EDT Wish announces partnership with Spanish carrier Correos - Wish announced a partnership with the state-owned Spanish carrier, Correos. The deal will help Spanish merchants "process their orders quickly and efficiently within a fully trackable system that is designed to optimize the customer experience," Wish said in a statement.
NEOG

Hot Stocks

09:37 EDT Neogen, FFA announce 2022 sponsorship agreement - NEOGEN Corporation announced that it has renewed its sponsorship agreement with the National FFA that will support the organization's 2022 Supervised Agricultural Experiences Grants. Under the terms of the agreement, NEOGEN will donate $2 to the National FFA Foundation for each bottle of Prozap StandGuard Pour-on horn fly and lice control solution that is sold from October 1, 2021, through March 31, 2022, up to a total of $250,000. StandGuard Pour-on is a powerful, low-dose, and easy-to-use treatment that provides season-long lice control for beef cattle with one application.
SGAM CMCSA

Hot Stocks

09:36 EDT Redbox partners with Comcast's FreeWheel for advertising technology - Redbox announced it will partner with FreeWheel to integrate programmatic technology across Redbox's free streaming platforms. The company said, "Through this technology, advertisers will be able to easily access and buy Redbox inventory - both nationally and locally- and target specific audiences."
IMAC

Hot Stocks

09:34 EDT IMAC acquires Louisiana Orthopaedic & Sports Rehab Institute - IMAC Holdings announces its expansion into Louisiana with the acquisition of the Louisiana Orthopaedic & Sports Rehab Institute, located in Baton Rouge. LOSI is a practice management company serving the Baton Rouge community since 1988. LOSI's founder, Allen Johnston, M.D., will continue to see patients at 1940 O'Neal Lane and join IMAC as a Medical Director, expanding the company's in-house expertise in orthopedic and sports medicine. Dr. Johnston graduated from the Louisiana State University School of Medicine in New Orleans in 1979 and specializes in Orthopedic Surgery and Orthopedic Trauma Surgery. LOSI was acquired on October 1, 2021, for an undisclosed combination of cash and common stock, consistent with IMAC historical transaction multiples. The center will join other IMAC Centers which access IMAC's acute injury service line providing physicians, lawyers, and referral sources a toll-free hotline for around-the-clock access to schedule patients with acute sports, accident, and work-related injuries. This enables early and appropriate assessment of acute injuries for proper medical management.
NEO GH

Hot Stocks

09:34 EDT NeoGenomics down 4% after Bloomberg says Guardant won't pursue deal - Shares of NeoGenomics (NEO) are down 4% to $46.61 after Bloomberg's Ed Hammond reported, citing people familiar with the matter, to Guardant Health (GH) is no longer pursuing a potential takeover deal.
MGM

Hot Stocks

09:34 EDT BetMGM, Puyallup Tribe of Indians establish partnership - BetMGM announced an exclusive market access partnership with the Puyallup Tribe of Indians to operate retail sports betting at the Emerald Queen Casino in Washington state. "Today's announcement marks another key moment in the expansion of BetMGM as we extend our western footprint into Washington," said BetMGM CEO Adam Greenblatt. "The Puyallup Tribe and Emerald Queen Casino are ideal partners for us as they represent the same high-level of service, amenities and experiences that is built into our DNA at BetMGM." Emerald Queen Casino operates two properties in Fife and Tacoma, an expansive gaming enterprise owned by the Puyallup Tribe. Pending regulatory approvals, sports betting will be available at both locations in the near future.
EVRC

Hot Stocks

09:33 EDT Evercel, Inc urges shareholders to vote for candidates - Evercel sent a letter to shareholders from its Board of Directors in advance of its Annual Meeting on October 7, 2021, urging them to vote on the WHITE proxy card in support of the Board's two unopposed candidates, Richard Perkins and Patrick McGeehin. The text of the letter read in part, "Evercel's Annual Meeting is just days away and time is running out for you to make your voice heard. This is your final opportunity to vote on the WHITE card at the Company's upcoming annual meeting. Please return the enclosed official WHITE Evercel proxy card to vote at the upcoming annual meeting. You can also use the instructions on your card to cast your vote online or by calling the toll-free voting line. Evercel's current leadership has numerous initiatives under way that we believe will drive meaningful share price appreciation and propel Evercel into an exciting and promising future. We believe shareholders should continue to move forward on a path of value creation and support the Board's nominees, Richard Perkins and Patrick McGeehin, on the WHITE card. But even if you do not support the Company's nominees, you can make your voice heard by voting against them on the WHITE card. Do not be fooled by former Chairman Jim Gerson's misleading statements in his campaign to pack the Board with additional directors who are loyal to him, which we believe will lead to value destruction and the potential departure of management, leaving Evercel with no path forward to source or manage new investments. AMAZINGLY, in his latest communication, Mr. Gerson claims he does not seek to remove the current CEO, despite his relentless array of criticism. This highly dubious claim demonstrates that Mr. Gerson will say ANYTHING to get your vote and simply cannot be believed. Further - even if he were telling the truth - Mr. Gerson's proposal that you vote for a sharply divided board and management team makes no sense and clearly is NOT a recipe for value creation at Evercel. Shareholders should not let that happen and VOTE THE WHITE CARD FOR THE COMPANY'S NOMINEES!"
KHC

Hot Stocks

09:33 EDT Kraft Heinz completes purchase of Assan Foods - The Kraft Heinz Company announced that it has completed the purchase of Assan Foods from privately held Turkish conglomerate Kibar Holding. The proposed deal was first announced on June 11, 2021. Assan Foods has been a certified Kraft Heinz production partner since 2019, Kraft said in a statement. "Assan Foods makes high-quality sauces and tomato products that we believe fit perfectly into our International Zone's growth strategy focused on Taste Elevation, and expands our presence in a part of the world that holds tremendous long-term opportunity for our company and our brands," said Rafa Oliveira, International Zone President at Kraft Heinz. "We're excited to officially welcome Assan Foods employees to the Kraft Heinz table."
AIM

Hot Stocks

09:32 EDT AIM ImmunoTech provides clinical updates on planned Phase 2 study of Ampligen - AIM ImmunoTech announced that it has finalized the protocol for a planned Phase 2 study of the company's drug Ampligen as a therapy for locally advanced or metastatic late-stage pancreatic cancer. The company expects to submit both an Investigational New Drug application and an application for Fast Track status with the U.S. Food and Drug Administration no later than October 18, 2021. Amarex Clinical Research will manage the AIM-sponsored study. The Buffett Cancer Center at the University of Nebraska Medical Center and Erasmus MC in The Netherlands are expected to be the primary study sites, although additional sites are expected to participate. The new proposed study is based on statistically significant clinical data in an early-access program where 27 subjects were treated at Erasmus MC in The Netherlands. The overall survival of the Ampligen-treated cohort was 19.2 months from the start of FOLFIRINOX, compared to 12.5 months in the historical control group. This increase of 6.7 months in the Ampligen-treated group was clinically and statistically significant. Additionally, several subjects are still alive more than three years later. These detailed data were filed with and supported the recent approval of orphan drug status for Ampligen by both the FDA and the European Medicines Agency. These detailed data will also be a component of the upcoming Phase 2 IND submission and a justification for the Fast Track application. Prof. C.H.J. van Eijck, MD, PhD, and his team at Erasmus MC intend to publish a detailed clinical report on their results in a peer-reviewed journal no later than January 2022. AIM will publicly release the detailed data and analysis at that time. The planned AMP-270 clinical trial will be a Phase 2, randomized, open-label, controlled, parallel-arm study with the primary objective of comparing the efficacy of Ampligen when added to SOC versus SOC alone for subjects with advanced pancreatic carcinoma recently treated with FOLFIRINOX chemotherapy regimen. Secondary objectives include comparing safety and tolerability. There will be two parallel arms and approximately 250 eligible subjects will be randomized 1:1 to receive either Ampligen alone or Ampligen combined with SOC, or SOC alone. The parallel control arm will receive SOC without Ampligen. This will consist of monitoring for disease progression along with active anticancer therapy as determined by the patients' physicians. Patients in the Ampligen-plus-SOC arm will be administered twice weekly Ampligen intravenous infusions. Subjects will be monitored for disease progression and may also receive anticancer SOC therapy.
KNRLF

Hot Stocks

09:31 EDT Kontrol Technologies receives initial BioCloud order from international HVAC - Kontrol Technologies has received an initial BioCloud order, following the signing of a Memorandum of Understanding with an international heating, cooling and ventilation on September 21st, 2021. Kontrol and the HVAC company continue to work towards a definitive distribution agreement and the potential of international manufacturing. The HVAC company is part of large global industrial conglomerate which designs, manufactures, and distributes its proprietary products through more than 30,000 distributors globally.
AMPG

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09:31 EDT AmpliTech Group to launch MMIC semiconductor chip design center in Texas - AmpliTech Group announced plans to open a MMIC chip design center in Texas and has highly experienced MMIC design professionals on its team. AmpliTech expects the facility to be fully operational by year-end 2021. MMICs, or monolithic microwave integrated circuits, are semiconductor chips used in high-frequency communications applications such as signal amplifiers and filters for mobile phones or satellites. They combine transistors and passive devices, such as resistors and capacitors, on the same chip and may be analog only, or mixed-mode analog and digital. MMICs are widely desired for power amplification solutions to service emerging technologies such as satellite payloads, phased array antennas, and quantum computing. The reason for this shift in MMIC usage is that MMICs carry a smaller footprint enabling them to be incorporated in a broader array of systems, while also reducing costs by eliminating the need for connectors and skilled labor. In mission-critical applications such as satellite communications, it is crucial that amplification components must exhibit extremely low noise interference to maintain a reliable signal while minimizing data corruption. AmpliTech's low noise amplifiers deliver the lowest noise performance in the industry, at a consistent rate across frequencies, making communications systems efficient and reliable. By coalescing its first-rate amplification solutions into its MMIC product line, AmpliTech believes it will be able to provide immense value to its customers. To protect its unique designs and processes, AmpliTech is working to secure patents for key elements of its MMIC designs and technology. Over the past several months, AmpliTech started to implement several of its proprietary amplifier designs into MMIC components. The team's success, along with future development needs and opportunities, has made it clear that AmpliTech's long-term growth and profitability would be best served by bringing its MMIC development efforts fully in-house. This strategic priority paved the way for the creation and launching of the design center, which will be owned by AmpliTech.
UFCS

Hot Stocks

09:30 EDT United Fire Group announces search for CFO - UFG announced that Dawn Jaffray, Executive Vice President and Chief Financial Officer, has resigned from UFG. Ms. Jaffray notified UFG that she has accepted an opportunity to serve as Chief Financial Officer for another company within the insurance industry. UFG has appointed Kevin W. Helbing and Randy L. Patten to serve as Interim Co-Chief Financial Officers as the organization executes its search for a new CFO. Both previously served as controllers of UFG. Ms. Jaffray's departure will be effective October 10, 2021. She will work with each of the Interim Co-CFOs to transition responsibilities. UFG immediately commenced a search for the role of CFO.
ZLAB TPTX

Hot Stocks

09:28 EDT Zai Lab says Turning Point granted Breakthrough Therapy Designation - Zai Lab partner Turning Point Therapeutics announced the U.S. Food and Drug Administration granted a seventh regulatory designation to lead drug candidate, repotrectinib. Repotrectinib was previously granted Breakthrough Therapy designation in ROS1- positive metastatic non-small cell lung cancer patients who have not been treated with a ROS1 tyrosine kinase inhibitor, as well as four Fast-Track designations in: ROS1-positive advanced NSCLC patients who are ROS1 TKI naive; ROS1-positive advanced NSCLC patients who have been previously treated with one prior line of platinum-based chemotherapy and one prior ROS1 TKI; ROS1-positive advanced NSCLC patients pretreated with one prior ROS1 TKI without prior platinum-based chemotherapy; and NTRK-positive patients with advanced solid tumors who have progressed following treatment with at least one prior line of chemotherapy and one or two prior TRK TKIs and have no satisfactory alternative treatments. Repotrectinib was also granted an Orphan Drug designation in 2017.
TMC

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09:27 EDT The Metals Company provides business update, reaffirms capital outlook - The Metals Company reaffirmed its development and capital outlook and provided a business update. TMC reaffirmed its development and capital plan through the third quarter of 2023, when it expects to submit its application to the International Seabed Authority for an Exploitation Contract for its NORI-D contract area in the Clarion-Clipperton Zone of the Pacific Ocean over 1,000 miles off the US western seaboard. As of September 30, 2021, TMC held cash and cash equivalents of approximately $113 million, which it believes will enable it to achieve four key milestones by the end of the third quarter of 2023. These include: Completion of a pilot plant program to process and refine polymetallic nodules into critical metals including nickel, copper, cobalt and manganese which are essential to the transition to clean energy and electric vehicles; Construction and deployment of the pilot collection system to lift nodules to the surface and transport them to shore where they can be processed with near-zero solid waste, no tailings or deforestation, and with careful attention to limit harm to the integrity of the deep-ocean ecosystem; Completion and submission of the Environmental Impact Assessment, a key part of one of the most comprehensive deep-sea research programs to date; and Submission of an application to the ISA for an exploitation contract for its NORI-D area of the CCZ, which is estimated to contain 356 million metric tonnes of wet nodules containing high-grade nickel, copper, cobalt and manganese mineral resources. Following the completion of the business combination between DeepGreen Metals Inc. and Sustainable Opportunities Acquisition Corp. on September 9, 2021, there have been a number of developments related to the advancement of TMC's business and strategy, including: The 228-meter-long former drill ship renamed the Hidden Gem arrived in Rotterdam on September 21, 2021, to begin its conversion into what is expected to be the first ship classified as a sub-sea mining vessel by the American Bureau of Shipping. TMC and its partner Allseas expect the vessel to be operational for pilot nodule collection tests in 2022. TMC completed the pilot smelting phase of its pyrometallurgical campaign, deriving an alloy comprised of high-grade battery metals. The smelting work was conducted in Canada in partnership with Expert Process Solutions with support from Hatch and Optimize Group. The Company launched its fourth environmental campaign this year, Expedition 5C, advancing its multi-year deep-sea research program intended to establish a rigorous environmental baseline and characterize the potential impacts of its proposed nodule collection operations, with researchers from the University of Hawaii at Mnoa, University of Maryland, Texas A&M and the Japan Agency for Marine-Earth Science and Technology. The International Seabed Authority continues to work against a two-year deadline to finalize regulations regarding deep sea mining by July 9, 2023, pursuant to the Republic of Nauru exercising its sovereign rights under Section 1, paragraph 15 of the 1994 Agreement relating to the Implementation of Part XI of the United Nations Convention on the Law of the Sea. This notice has obliged the ISA to complete the adoption of exploitation regulations within two years of the request made by the member state. If the ISA has not completed the adoption of such regulations within the prescribed time and an application for approval of a plan of work for exploitation, as TMC's subsidiary NORI intends to submit, is pending before the ISA, the ISA shall nonetheless consider and provisionally approve such plan of work. An in-person ISA Council & Assembly meeting in Kingston, Jamaica has been scheduled for December 6 - 15, 2021.
EUMNF NNOMF

Hot Stocks

09:26 EDT Euro Manganese, Nano One to co-develop applications for cathode materials - Highlights: Nano One and Euro Manganese have entered into a Joint Development Agreement. Joint activities will focus on developing manganese products expected to be produced by Euro Manganese for use in cathode materials made by Nano One, in the context of rapidly rising demand for high-purity manganese products. Manganese will be sourced by Euro Manganese's proposed Chvaletice Manganese Project and refined into high purity manganese products. Cathode materials will be made using Nano One's patented One-Pot, M2CAM and coated nanocrystal technologies. Nano One is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries, and Euro Manganese is a battery raw materials company developing a significant manganese deposit in the Czech Republic. Both companies are pleased to announce a Joint Development Agreement. The two companies will collaborate on developing economically viable and environmentally sustainable applications of high-purity manganese expected to be produced by Euro Manganese from its proposed Chvaletice Manganese Project. The manganese will be evaluated by Nano One in the formation of its innovative cathode materials including LNMO and nickel rich NMC. LNMO and NMC materials will be prepared using Nano One's patented One-Pot process, coated nanocrystal powders and M2CAM technology, enabling the use of sulfate-free metals and lithium carbonate as low-cost and environmentally sustainable feedstocks. LNMO, also known as high voltage spinel, and NMC both have great potential in conventional and solid-state battery applications for electric vehicles, renewable energy storage and consumer electronic devices. LNMO delivers energy and power on par with NMC and is more cost effective because it is manganese rich, cobalt free, low in nickel and does not require excess lithium. LNMO also operates at a voltage that is 25% higher than commercial high nickel cathodes, enabling fewer cells, improved productivity, efficiency, thermal management, and power.
TPTX

Hot Stocks

09:23 EDT Turning Point granted Breakthrough Therapy designation for repotrectinib - Turning Point Therapeutics announced the U.S. Food and Drug Administration granted a seventh regulatory designation to lead drug candidate, repotrectinib. Repotrectinib was previously granted Breakthrough Therapy designation in ROS1- positive metastatic non-small cell lung cancer patients who have not been treated with a ROS1 tyrosine kinase inhibitor, as well as four Fast-Track designations in: ROS1-positive advanced NSCLC patients who are ROS1 TKI naive; ROS1-positive advanced NSCLC patients who have been previously treated with one prior line of platinum-based chemotherapy and one prior ROS1 TKI; ROS1-positive advanced NSCLC patients pretreated with one prior ROS1 TKI without prior platinum-based chemotherapy; and NTRK-positive patients with advanced solid tumors who have progressed following treatment with at least one prior line of chemotherapy and one or two prior TRK TKIs and have no satisfactory alternative treatments. Repotrectinib was also granted an Orphan Drug designation in 2017.
CMTL

Hot Stocks

09:22 EDT Comtech awarded $125M five year IDIQ contract from U.S. for cyber training - Comtech Telecommunications announced that during its first quarter of fiscal 2022, it was awarded a five-year single award Indefinite Delivery Indefinite Quantity contract renewal with Firm Fixed Price and Time and Materials delivery orders valued at approximately $125M from the Federal Government for the Joint Cyber Analysis Course Training solutions. The first delivery order on the IDIQ contract has been received and funded $1.4M to date.
PVCT

Hot Stocks

09:22 EDT Provectus provides update on research into oral administration of PV-10 - Provectus provided an update on the Company's research into the systemic administration of Provectus' investigational immunotherapy, PV-10, for the treatments of hematology, oncology, and virology indications, in conjunction with the Company's efforts to expand its intellectual property. Hematology: On August 5, 2021, the U.S. Patent and Trademark Office published Provectus' patent application entitled "Composition and Method for Oral Treatment of Leukemia", containing: In vivo data of mice with acute lymphoblastic leukemia that received oral PV-10 and displayed increased survival. Provectus expects these and other related data from the hematology program to be published in a peer-reviewed medical journal in 2022. Oncology: On September 30, the USPTO published the Company's patent application entitled "Treatment of Solid Cancerous Tumors by Oral Administration of a Halogenated Xanthene", containing: In vivo data of mice with adenomatous polyposis coli multiple intestinal neoplasia that received oral rose bengal and displayed increased survival in both prophylactic and therapeutic settings. Virology: On September 30, the USPTO also published Provectus' patent application entitled "Novel Uses of Halogenated Xanthenes in Oncology and Virology", containing: In silico data of rose bengal's docking-based binding affinity to the main protease of the severe acute respiratory syndrome coronavirus 2, the virus' spike protein, and different variants of the spike protein, and In vitro data of PV-10's activity against SARS-CoV-2 in African green monkey kidney cell and human lung epithelial cell models, and of PV-10's synergistic activity with remdesivir in a Vero cell model. Provectus expects that data from the oncology and virology programs would be published when appropriate. The Company routinely files for patent protection in key countries in Asia, Europe, and North America.
MGA...

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09:20 EDT Magna announces termination of merger agreemet with Veoneer - Magna International Inc. (MGA) announced that the board of directors of Veoneer (VNE) has determined that the previously announced proposal by Qualcomm Incorporated (QCOM) to acquire Veoneer for $37 per share is a superior proposal under the terms of the previously announced merger agreement between Magna and Veoneer, and that Magna has waived the four-day matching period to make a counterproposal. Accordingly, Veoneer has terminated its merger agreement with Magna and entered into a merger agreement with Qualcomm. In connection with the termination of the merger agreement with Magna, Veoneer will pay a termination fee of $110 million to Magna.
F

Hot Stocks

09:20 EDT Ford reports September U.S. sales down 17.7% to 156,614 vehicles - Ford reports September U.S. sales totaled 156,614 vehicles, down 17.7% compared to the same month of last year. Ford said: "September's results made Ford the number No. 1 seller of vehicles in the U.S. for the month. August improvements in production and inventory paid off in September, with Ford's retail sales up 34.3% over the previous month, boosting Ford's retail share for the month to an estimated 12.9% - up 3.8 percentage points over August... Going into October, Ford's gross stock totaled 236,000 - up 21,000 vehicles compared to the start of September. Vehicles are moving from dealer lots to customers at the fastest pace this year, while 31% of retail sales where from previously placed customer orders. This compares to 6% last year... Ford's electrified vehicle portfolio continues to attract new customers to the brand at a higher rate than Ford overall - at a conquest rate that is 6 points above. September brought another new record for Ford electrified vehicles. Ford's electrified vehicle sales hit 9,150 - up 91.6% over last year. F-150 Lightning reservations have now surpassed the 150,000 mark, with over 75% of these reservations coming from outside of Ford."
CWBC

Hot Stocks

09:19 EDT Community West appoints William Filippin as president of Community West Bank - Community West Bancshares announced the promotion of William (Bill) F. Filippin to President of Community West Bank, effective October 1, 2021. Filippin currently serves as EVP, Chief Credit Officer and Chief Administrative Officer, and has been with the Bank since 2015. In addition, Jason Beitz has been promoted to Chief Credit Officer. Beitz has served as Deputy Chief Credit Officer of the Bank since June 1, 2020. Filippin's responsibilities include making the day-to-day decisions about policy, procedure, people and process to ensure the Bank successfully attains its annual strategic business plans, objectives and profitability.
TRNO

Hot Stocks

09:18 EDT Terreno Realty acquires property in Woodinville, WA for $23.6M - Terreno Realty acquired an industrial property located in Woodinville, Washington on October 1, for a purchase price of approximately $23.6M.
CFRX

Hot Stocks

09:18 EDT ContraFect presents data from Phase 2 study of exebacase - ContraFect Corporation announces new data from the Company's Phase 2 study of exebacase demonstrating rapid symptom resolution among patients with Staphylococcus aureus bacteremia. These data were recently presented as a Late Breaker oral presentation at IDWeek 2021, that was held from September 29 through October 3, in San Diego, CA. Staph aureus is a leading cause of infections in US healthcare facilities. Any Staph infection can be deadly. Staph aureus infections can be either methicillin-resistant or methicillin-susceptible. MRSA infections are particularly difficult to treat because of their resistance to antibiotics, increasing virulence and patient comorbidities. The oral data presentation, Exebacase Shows Rapid Symptom Resolution in a Phase 2 Study in Adult Patients with Staphylococcus aureus Bacteremia, demonstrated that exebacase, used in addition to standard of care antibiotics, more rapidly resolved symptoms of Staph aureus bacteremia versus SOCA alone. Specifically, the data show: 86 patients with Staph aureus bacteremia, including endocarditis, had at least one symptom present at baseline. Symptoms resolved in the majority of these patients. The median time to resolution was 3 days for exebacase-treated patients compared to 6 days for SOCA-alone patients. MRSA: The median time to symptom resolution in patients with MRSA bacteremia was 3 days in exebacase-treated patients, as compared to 7 days in patients who received SOCA alone. Among the exebacase-treated patients with MRSA bacteremia, 94.1% showed symptom resolution compared with 81.8% of SOCA-alone patients. MSSA: The median time to symptom resolution in patients with MSSA bacteremia was 3 days in exebacase-treated patients, as compared to 6 days in patients who received SOCA alone. Time to resolution of symptoms was analyzed using Kaplan-Meier methods. For those symptoms present at baseline and attributable to the bacteremia, time to resolution of symptoms was defined as the number of days until all attributable symptoms were absent.
F

Hot Stocks

09:17 EDT Ford reports September U.S. sales down 17.7% to 156,614 vehicles
CASA

Hot Stocks

09:16 EDT Mediacom taps Casa Systems' fixed wireless, packet core solutions - Casa Systems announced that Mediacom Communications selected Casa Systems' evolved packet core and fixed wireless access solutions to extend reliable, high-speed services to underserved homes and businesses in remote communities.
AAPL

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09:15 EDT Apple says Watch Series 7 orders start Friday, October 8 - Apple announced Apple Watch Series 7, which it says features "the largest and most advanced Apple Watch display ever and a reengineered Always-On Retina display with significantly more screen area and thinner borders," will be available to order beginning Friday, October 8, at 5 a.m. PDT and available in stores starting Friday, October 15. Apple Watch Series 7 starts at $399 in the U.S., Apple Watch SE starts at $279 in the U.S., and Apple Watch Series 3 starts at $199 in the U.S. Reference Link
VRSK YELP

Hot Stocks

09:15 EDT Verisk Analytics leverages Yelp data to help insurers underwrite risk - The COVID-19 pandemic has led many small businesses to pivot or expand. As a result, new insurance coverage needs have emerged. To help insurers serve the changing marketplace, Verisk is leveraging artificial intelligence and image analytics to generate insights from more than 200 million reviews on Yelp, the company that connects people with great local businesses. Verisk is using AI to analyze unstructured data in Yelp reviews, including images that might indicate how a business has evolved. Insurers can use these insights to inform discussions about coverage with potential customers, see how employees are mitigating risks and make underwriting decisions with greater speed and precision.
WTS CFX

Hot Stocks

09:15 EDT Watts appoints Monica Barry as Chief Human Resources Officer - Water Technologies (WTS) announced the appointment of Monica Barry as Chief Human Resources Officer. Ms. Barry comes to Watts from Colfax Corporation (CFX) where she served as Vice President, Talent Management, Organizational Development and Corporate HR Business Partner from February 2020 to September 2021. Prior to joining Colfax, Ms. Barry served as Vice President, Global Talent, Learning & Development and Inclusion from July 2015 to January 2020 and as Vice President, Human Resources, Health Sector from August 2012 to October 2015 for Johnson Matthey, PLC. Ms. Barry has also held human resources management positions with The Campbell Soup Company and FMC Corporation. Ms. Barry holds a Bachelor of Science degree from West Virginia State University and an Executive Master of Business Administration degree from Loyola University in Maryland.
ACXP

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09:14 EDT Acurx presents Ibezapolstat microbiome data from its Phase 2a trial - Acurx Pharmaceuticals announced that a scientific abstract and poster were presented on September 29th at the Infectious Disease Society of America IDWeek 2021 Virtual Conference entitled: "An Open-label Phase 2a study of Ibezapolstat, a Unique Gram-positive Selective Spectrum Antibiotic, for Patients with Clostridioides difficile Infection." The Company's upcoming Phase 2b segment of this clinical trial will also evaluate pharmacokinetics and microbiome changes from baseline and continue to test for anti-recurrence microbiome properties seen in the Phase 1 trial, including the treatment-related changes in alpha diversity and bacterial abundance. The Phase 2a data demonstrated complete eradication of colonic C. difficile by day three of treatment as well as the observed overgrowth of healthy gut microbiota Actinobacteria and Firmicute phyla species during and after therapy. According to Dr. Garey, "The good tolerability, promising efficacy outcomes, minimal systemic exposure, and differential microbiome effects relative to vancomycin all support the continued clinical development of ibezapolstat. He added: "Ibezapolstat's unique spectrum of activity, which includes C. difficile but spares other Firmicutes and the important Actinobacteria phyla, appears to contribute to the maintenance of a healthy gut microbiome. Furthermore, ibezapolstat demonstrated decreased proteobacteria overgrowth in contrast to vancomycin." Robert DeLuccia, Executive Chairman of Acurx, stated, "We are particularly excited by these results in CDI patients which are consistent with the favorable microbiome profile when compared with vancomycin in our earlier Phase 1 healthy volunteer trial. He further stated that "We look forward to beginning enrollment in our Phase 2b trial which will compare ibezapolstat to the standard of care, vancomycin, and is expected to begin enrollment this quarter."
TGP TK

Hot Stocks

09:14 EDT Stonepeak to acquire Teekay LNG in $6.2B transaction - Teekay LNG Partners L.P. (TGP) and Stonepeak announced that they have entered into an agreement and plan of merger. Under the Merger Agreement, investment vehicles managed by Stonepeak will acquire all the issued and outstanding common units representing limited partner units in Teekay LNG, including approximately 36.0 million common units owned by Teekay Corporation (TK), and 100 percent of Teekay's ownership in Teekay LNG's general partner, Teekay GP which includes an economic ownership interest equivalent to approximately 1.6 million Teekay LNG common units, for $17.00 per common unit or common unit equivalent in cash representing an enterprise value of $6.2 billion, including consolidated and proportionate joint venture net debt, and $1.5 billion in common unit equity value. The $17.00 per unit acquisition price represents a premium of 8.3 percent to the closing price of Teekay LNG's common units on October 1, 2021 and premiums of 12.3 percent and 17.5 percent to the volume-weighted average price of Teekay LNG's common units over the last 60 and 180 days, respectively. The Transaction is the result of a review by Teekay GP's Board of Directors of strategic alternatives available to Teekay LNG. The Conflicts Committee of Teekay GP, comprised of independent directors and advised by its own independent legal and financial advisors, determined that the Transaction was advisable and in the best interests of Teekay LNG and its unitholders unaffiliated with Teekay and unanimously approved the Transaction. In considering its recommendation, the Conflicts Committee of Teekay GP was advised by Houlihan Lokey Capital, Inc. Subsequently, acting upon the recommendation of the Conflicts Committee, the Board of Directors of Teekay GP unanimously approved the Transaction and recommended that all Teekay LNG's common unitholders vote in favor of the Merger Agreement on the terms presented. The Transaction has been approved by the Board of Directors of Teekay GP and Teekay, including the unanimous approval of the Conflicts Committee of Teekay GP, and is targeted to close by the end of 2021. The Transaction remains subject to approval by a majority of Teekay LNG's common unitholders at a special meeting to be held in connection with the Transaction, and the satisfaction or waiver of certain customary closing conditions. Teekay, which currently owns approximately 41 percent of Teekay LNG's outstanding common units, has entered into a Voting and Support Agreement to vote in favor of the merger. As part of the Transaction, Teekay will transfer to Teekay LNG the ownership of the management services companies that currently deliver the operations for Teekay LNG and certain of its joint ventures under existing management services contracts. Promptly after the completion of the Transaction, the common units of Teekay LNG will be delisted from the New York Stock Exchange. The Series A and B preferred units of Teekay LNG are expected to remain outstanding and continue to trade on the New York Stock Exchange following the completion of the Transaction.
AJG

Hot Stocks

09:12 EDT Arthur J. Gallagher acquires Briat Insurance - Arthur J. Gallagher & Co. announced the acquisition of Grand Cayman-based Briat Insurance. Terms of the transaction were not disclosed. "Briat is a highly regarded business with particular strengths in professional lines, larger commercial accounts and high-net-worth homes, and has been a Gallagher Global Network partner for nearly a decade," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Clive, Jon and their associates to our growing global team."
REAL

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09:11 EDT RealReal expands consignment to additional categories - The RealReal founded National Consignment Day to raise awareness of the importance of resale in creating a more sustainable future for fashion and to drive shoppers to take action by recirculating items they no longer wear. To honor the holiday this year, the company is making luxury consignment easier and more expansive than ever before. Today, on the fifth annual National Consignment Day, The RealReal is launching four new circular initiatives to more significantly reduce fashion's impact: Expanding Luxury Consignment To Additional Categories: With the introduction of luxury sports and outdoor gear, collectibles and electronics, The RealReal now gives its consignors the ability to sell a broader assortment of items than any other luxury resale marketplace. Increasing Selling Flexibility With Buy Up Front: The RealReal gives consignors more choice than ever before on how they want to sell: consign, trade or get paid instantly for items they recirculate. Its Get Paid Now program offers on-the-spot payments across a wide range of brands and items, expanding nationally next week. Teaming Up With Luxury Fashion Leader Mytheresa To Drive Recirculation in U.S.:The RealReal has joined forces with leading global luxury fashion e-commerce platform Mytheresa to drive resale engagement among its rapidly growing U.S. customer base. Mytheresa will reward both its customers and The RealReal's with shopping credit for recirculating their bags and supporting the circular economy. Launching Circular ReSource Lab: An important part of the conversation about driving circularity in fashion is addressing the vast amount of items that can't live on in their current state. Today, The RealReal is launching Circular ReSource Lab, an innovation lab where it will test, learn and share to create impactful solutions to the fashion waste crisis.
VNE...

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09:11 EDT Qualcomm, SSW Partners to acquire Veoneer for $37 per share in cash - Qualcomm (QCOM) and SSW Partners announced they have reached a definitive agreement to acquire Veoneer (VNE) for $37 per share in an all-cash transaction, representing a total equity value for Veoneer of $4.5B. Veoneer has terminated its prior acquisition agreement with Magna International (MGA). At closing, SSW Partners will acquire all of the outstanding capital stock of Veoneer, shortly after which it will sell the Arriver business to Qualcomm and retain Veoneer's Tier-1 supplier businesses. Upon close of the transactions, Qualcomm will incorporate Arriver's Computer Vision, Drive Policy and Driver Assistance assets into its Snapdragon Ride Advanced Driver Assistance Systems, or ADAS, solution. SSW Partners will work with Veoneer's management to ensure the pursuit of Veoneer's existing business plan and to identify long-term strategic partners for the Restraint Control Systems and Active Safety businesses. "Qualcomm is the natural owner of Arriver. By integrating these assets, Qualcomm accelerates its ability to deliver a leading and horizontal ADAS solution as part of its digital chassis platform," said Cristiano Amon, president and CEO of Qualcomm Incorporated. "We believe that this transaction and structure benefits both Qualcomm's and Veoneer's shareholders, positions all of Veoneer's businesses for success and provides a compelling opportunity to customers and employees." The cash purchase price of $37 per share represents an 18% premium to Veoneer's prior agreement with Magna, and an 86% premium to the unaffected share price prior to the announcement of the Magna agreement. The transaction has been approved by the boards of directors of Qualcomm and Veoneer and is subject to regulatory approvals. The transaction is expected to close in 2022. The announcement follows the Veoneer board's determination, with the assistance of its financial and legal advisors, that a formal acquisition offer Veoneer received from Qualcomm and SSW Partners on October 1, 2021 constitutes a "Superior Proposal" under the terms of Veoneer's merger agreement with Magna dated July 22, 2021. Magna has waived its right to submit a revised proposal to Veoneer.
CTSDF

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09:10 EDT Converge Technology acquires LPA Software Solutions - Converge Technology Solutions is pleased to announce it has acquired business data analytics firm, LPA Software Solutions,. Headquartered in Rochester, NY with personnel in Upstate New York, Dallas, Houston, Charlotte, Boston, Pittsburgh, and Columbus, LPA provides business analytics solutions and professional services in analytics, data science, artificial intelligence, financial performance management, data governance, data integration, location analytics, and data sets. Designated as one of the full-service IBM Platinum Partners that sells, understands, and implements IBM Business Analytics software, LPA proudly supports hundreds of clients and numerous successful implementations across ten major industries.
PAIC

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09:09 EDT Revelation Biosciences receives approval to begin Phase 1b study of REVTx 99 - Revelation Biosciences announced it has been granted ethics committee approval in Australia to conduct a Phase 1b allergen challenge clinical study to evaluate the potential utility of REVTx-99 for treating patients with allergic rhinitis and patients with chronic nasal congestion. In the US, approximately 8% of adults and 7% of children have allergies that cause symptoms of allergic rhinitis, also called hay fever, based on current CDC data. Hay fever symptoms include itchy eyes, itchy nose, sneezing, runny nose and nasal congestion caused by seasonal, perennial, or even unknown sources of allergies. In some people the allergies can trigger long term allergen-related chronic nasal congestion. Chronic nasal congestion affects approximately 12% of the US adult population, equating to at least 29 million people in the US having nasal congestion for three or more months out of the year. The Phase 1b, randomized, double-blind, placebo-controlled, crossover design study will enroll up to 28 participants. The primary endpoint is to evaluate the effects of REVTx-99 versus placebo on safety and tolerability. Key secondary endpoints include allergy symptoms and peak nasal inspiratory flow elicited by nasal allergen challenge. The study will have two cohorts, each cohort will receive an allergen challenge administered either before study drug administration or after study drug administration, then after a washout period the cohorts will crossover to either after or before. Revelation expects enrollment of RVL-CLR01 to begin during the fourth quarter of 2021 with topline data early in the first quarter of 2022.
VEV

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09:08 EDT EV firm Vicinity Motor in strategic pact with JB Poindexter business unit, EAVX - Vicinity Motor announced that it has entered into a strategic collaboration agreement with the JB Poindexter business unit, EAVX, whose mission is to envision and develop next generation alternative fueled commercial work truck bodies. This collaboration will integrate EAVX bodies with the existing Vicinity bus and truck motor chassis.
RF

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09:07 EDT Regions Bank to acquire Sabal Capital Partners, terms undisclosed - Regions Bank announced it has entered into a definitive agreement to acquire Sabal Capital Partners, a financial services firm that leverages an innovative, technology-driven origination and servicing platform to facilitate lending in the small-balance commercial real estate market for clients nationwide. Based in Irvine, California, Sabal Capital Partners is a vertically integrated platform that has originated nearly $6B in financing across the U.S. since inception and maintains a current servicing portfolio of nearly $5B. Regions will maintain Sabal's offices in Irvine and Pasadena, California, as well as New York City. When combined with Regions Real Estate Capital Markets' existing production offices, the combined platform will have 20 production offices nationwide. Regions' agreement to acquire Sabal Capital Partners is specific to the lending and servicing segments of Sabal's business and does not include Sabal's investment management business, which will remain with the sellers, including Pat Jackson, and investment funds managed by Stone Point Capital. Jackson and Mike Wilhelms, Sabal's chief financial officer, will remain with the investment management business while other members of Sabal's team will join Regions. Regions' acquisition of Sabal Capital Partners is expected to close in Q4, subject to obtaining necessary consents from certain governmental agencies and government-sponsored enterprises and satisfaction of customary closing conditions. Terms of Regions' agreement to acquire Sabal Capital Partners were not disclosed.
RLMD

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09:07 EDT Relmada says FDA won't need two-year carcinogenicity study for REL-1017 filing - Relmada Therapeutics provided regulatory and development updates regarding its ongoing late-stage clinical program for REL-1017 in major depressive disorder, or MDD. RELIANCE III, the new ongoing monotherapy trial, aims to randomize 364 patients and it is expected to be completed in the second quarter of 2022. In addition, in order to support potential regulatory submissions seeking approval for REL-1017 as monotherapy and adjunctive treatment, the FDA confirmed that, based on what is known at this time, Relmada will not be required to conduct a two-year carcinogenicity study of esmethadone, or REL-1017, as sufficient pre-clinical safety data have been generated to date. The FDA also confirmed that Relmada does not need to conduct a TQT cardiac study in humans to support cardiac safety in potential regulatory submissions for REL-1017, as the data provided so far and the data generated by the Phase 3 program will be adequate to evaluate the cardiac safety profile of REL-1017. "We are pleased that the RELIANCE III monotherapy registrational Phase 3 trial is up and running. We believe that this advancement is indicative of the significant potential of REL-1017 to treat MDD. Importantly, conducting RELIANCE III as a Phase 3 study may meaningfully reduce the time to potential approval for REL-1017 as MDD monotherapy. We are continuing to actively enroll patients into RELIANCE I and RELIANCE II, our MDD adjunctive treatment pivotal trials, as well as into the new RELIANCE III monotherapy study. Meanwhile, RELIANCE OLE, the open label extension safety study, which is enrolling patients from RELIANCE I, II AND III, as well as de novo patients, is progressing steadily," said Dr. Paolo Manfredi, CSO of Relmada Therapeutics.
VZ XRX

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09:07 EDT Verizon, CareAR enter strategic partnership for service delivery, CX - Verizon Business and CareAR, a Xerox Company, announced a strategic partnership to transform the service and customer experience CareAR delivers. Combining Verizon's 4G, 5G networks, and near real-time compute technology with CareAR's augmented reality and AI-based platform, technicians can remotely and proactively resolve service issues faster, smarter and more safely, leading to a more efficient customer experience.
ATLC VVNT

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09:07 EDT Fortiva Retail Credit renews partnership with Vivint Smart Home - Fortiva Retail Credit (ATLC) announced a multi-year renewal of its exclusive relationship with Vivint Smart Home (VVNT). As part of the renewal, Fortiva Retail Credit will offer an expanded number of term lengths. This further demonstrates Vivint's commitment to provide its customers with a variety of financing options. Building off an already successful program, which has grown during the pandemic, Fortiva Retail Credit will continue to expand the Vivint relationship beyond the 175,000 customers that have already been able to enhance their lives with Vivint's smart home technology financed through Fortiva.
KFS

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09:06 EDT Kingsway Financial acquires HR consulting firm Ravix for $11M in accretive deal - Kingsway Financial Services announced the acquisition of the privately-held company Ravix Financial. Ravix, based in San Jose, California provides outsourced financial services and HR consulting for short or long duration engagements. "I am excited to welcome the Ravix team to the Kingsway family of companies," said Kingsway President and CEO, J.T. Fitzgerald. "Dan Saccani and team have built a leading company that has a solid reputation and loyal customer base. This is Kingsway's first acquisition under its CEO Accelerator Program and I look forward to Timi Okah, our first CEO-in-Residence, transitioning into the role of Ravix CEO over the next twelve months." For the twelve month period ending June 30 Ravix had $12.5M of unaudited revenue, $1.9M U.S. GAAP income before income taxes and $2.8M of unaudited non-GAAP adjusted EBITDA. A reconciliation of U.S. GAAP income before income taxes to non-GAAP adjusted EBITDA is presented on the attached schedule. Even after taking into consideration the anticipated effects of purchase accounting, Kingsway expects the acquisition to be immediately accretive. The purchase price was $11M at close, with an additional $4.5M that could be paid over the next three years depending upon achievement of certain financial metrics. The closing purchase price was financed with a combination of debt financing provided by Avidbank, and cash on hand.
ITCB

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09:05 EDT Itau Corpbanca launches rights offerings in connection with capital increase - ITAU CORPBANCAy announced the launch of its rights offerings in connection with the capital increase approved by the Company's shareholders on July 13, 2021. Pursuant to the capital increase, the Company is authorized to issue up to 461,111,111,111 additional common shares. The Company is offering 461,111,111,111 new common shares in the Republic of Chile and outside Chile, including common shares represented by American Depositary Shares. Each ADS represents 1,500 common shares. If fully subscribed in the rights offerings, 461,111,111,111 new shares would be placed for Ch$1.80 per share for a total of Ch$830,000,000,000, or approximately US$1,058,228,041.77, based on the Company's own exchange rate of Ch$784.33 per US$1.00 as of September 23, 2021. Each common share held of record as of 11:59 p.m. on September 28, 2021 will entitle its holder to approximately 0.899892716148 of a transferable preemptive right to subscribe for newly issued common shares. Each full Preemptive Share Right entitles the holder to subscribe for one new common share at a share subscription price of Ch$1.80 per share, payable in cash in Chilean pesos. One full Preemptive Share Right is required to subscribe for one new common share at the share subscription price. The Company will only accept subscriptions for whole common shares and will truncate or reduce any subscriptions submitted with respect to fractional rights to the nearest whole number of Preemptive Share Rights that may be exercised.
CRD.A CRD.B

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09:05 EDT Crawford & Company acquires Praxis Consulting, terms undisclosed - Crawford & Company has acquired Praxis Consulting, a provider of outsourced subrogation claims management and recovery services in the United States. Praxis identifies and manage subrogation claims through the recovery process.
RAVE

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09:04 EDT Pizza Inn signs NIL deal with Arkansas State running back Lincoln Pare - Pizza Inn, a subsidary of RACE Restaurant Group, announced it has kicked off a partnership with Arkansas State second year running back, Lincoln Pare. Pare will work with the Pizza Inn brand on and off the field through autograph sessions at local restaurants, curated social media content and creation of a special discount code for use by his local community.
STIM

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09:04 EDT Neuronetics announces partnerships with mental health advocates, organizations - Neuronetics announced new partnerships with mental health advocates and organizations in honor of National Depression Education and Awareness Month and Mental Illness Awareness Week. NeuroStar Advanced Therapy for Mental Health is the leading non-drug, non-invasive, transcranial magnetic stimulation treatment for depression. Dr. Melissa Shepard is a board-certified psychiatrist, psychotherapist, and assistant professor at Johns Hopkins School of Medicine. She and NeuroStar are collaborating to kick off an education and awareness campaign. The comprehensive campaign will focus on a mix of consumer and professional channels, highlighting Dr. Shepard, as well as the benefits and differentiation points of the NeuroStar treatment. The campaign will run through 2022. NeuroStar will also be sponsoring two key industry events during the month of October.
VNE QCOM

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09:04 EDT Qualcomm and SSW Partners to acquire Veoneer for $37 per share in cash
APO

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09:03 EDT Apollo Global names Dave Stangis as CSO - Apollo Global Management announced that Dave Stangis will join the Firm as a Senior Partner and Chief Sustainability Officer. In this newly created role, Mr. Stangis will spearhead Apollo's sustainability efforts, building on the Firm's long-standing ESG program. Mr. Stangis will report to Apollo Co-Presidents Scott Kleinman and Jim Zelter and join the Management Committee. Prior to joining Apollo, Mr. Stangis founded 21C Impact, an advisory firm dedicated to delivering a differentiated impact on business results with a focus on ESG and corporate sustainability initiatives.
VERB

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09:02 EDT Verb Technology to host verbLIT on October 7 - Verb Technology announced that it will host its first technology showcase event called verbLIT, to be broadcast over the Company's verbLIVE, shoppable video platform. The Company's Leading Interactive Technology Symposium highlights its leading-edge, interactive video-based sales tools that increase sales productivity and customer engagement.
ASGTF

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09:01 EDT Altus Group announces closing of C$173M bought deal financing - Altus Group announced that it has closed its previously announced bought deal financing. A total of 2,783,000 common shares were sold pursuant to the Offering at a price of $62.00 per Common Share for aggregate gross proceeds to Altus Group of $172,546,000, including the full exercise of the underwriters' over-allotment option to purchase an additional 363,000 Common Shares at the Offering Price. The Company intends to use the net proceeds of the Offering to fund the Company's growth initiatives and for working capital and other general corporate purposes.
MRVI

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09:00 EDT TriLink extends EyeGene partnership for COVID-19 vaccine development - riLink BioTechnologies announced that it expects to supply its proprietary CleanCap mRNA capping technology and the modified nucleoside, uridine triphosphate, to EyeGene for production of EyeGene's mRNA COVID-19 vaccine, EG-COVID, which recently received approval to begin clinical trials from the South Korean Ministry of Food and Drug Safety. This collaboration with EyeGene is expected to represent the first clinical-stage program to use GMP-grade modified uridine triphosphate, with an intended use for further processing, manufactured by TriLink. TriLink and EyeGene met on September 21, 2021, at the KORUS Global Vaccine Business Roundtable held in New York, to discuss their continued collaboration as EyeGene advances development of its vaccine into phase 1 clinical testing and beyond.
QTNT

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08:59 EDT Quotient appoints Christine Ginocchio as CSMO - Quotient announced the appointment of Dr. Christine Ginocchio as Chief Scientific & Medical Officer. Dr. Ginocchio joins the Company from bioMerieux/BioFire where she held the role of Senior Vice President, Global Medical Affairs. In connection with her appointment, the Company granted Dr Ginocchio 241,544 performance-based restricted share units, 144,926 Restricted Stock Units and share options to purchase 147,134 of the Company's ordinary shares. Such grants were issued outside of the Company's 2014 Stock Incentive Plan and were approved by the Company's Board of Directors and the Remuneration Committee of the Board of Directors pursuant to the inducement grant exception under the Nasdaq Rule 563(c)(4), as an inducement that is material to Dr Ginocchio joining the Company as the Chief Medical & Scientific Officer. The Sign-On PSUs will vest on the third anniversary of the grant date, provided specific performance criteria have been met. These performance criteria include the Company achieving certain financial targets. The Sign-On RSUs will vest 50% on the first anniversary of the grant date and the balance will vest pro rata on each of the second and third anniversaries of the grant date. The Sign-On Options will vest in three equal installments on each of the first, second and third anniversaries of the grant date. The vesting of the awards will be subject to Dr Ginocchio's continued service as the Chief Scientific and Medical Officer of the Company on each applicable vesting date.
REAX

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08:58 EDT The Real Brokerage launches operations in Iowa - The Real Brokerage announced its launch of operations in Iowa. Real is now operating in 36 states, the District of Columbia and Canada. As part of the expansion, the Coluzzi Real Estate team will be joining Real. The team has with 15 core team members, including agents and construction workers.
IAIC

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08:57 EDT Information Analysis Incorporated appoints Tim Hannon as interim CFO - Information Analysis announced the appointment of Tim Hannon as its Interim Chief Financial Officer effective September 29, 2021. Matt Sands will become Senior Vice President of Finance and Corporate Controlle. Hannon served as corporate controller for a $1 billion national food company and then as Chief Financial Officer for several private equity portfolio companies in the retail, manufacturing, and consumer industries. As a CFO, Mr. Hannon has managed all aspects of Finance as well as the Information Technology, Legal, Risk Management and Human Resources functions. Mr. Hannon will help lead IAI through the first phase of its organizational transformation, capital raising and internal reorganization and will culminate his service to the Company helping lead the search and selection of a permanent Chief Financial Officer.
AGII GBRG

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08:56 EDT AgiiPlus, Goldenbridge Acquisition announce merger agreement - AgiiPlus announced that it has entered into a definitive merger agreement on September 30 for a business combination with Goldenbridge Acquisition, a British Virgin Islands special purpose acquisition company. Upon consummation of the transaction contemplated by the Merger Agreement, Goldenbridge will reincorporate to the Cayman Islands by merging with AgiiPlus Global Inc., a Cayman Islands exempted company and wholly owned subsidiary of Goldenbridge, and concurrently with the reincorporation merger, AgiiPlus Corporation, a Cayman Islands exempted company and wholly owned subsidiary of AgiiPlus Global, will be merged with and into AgiiPlus, resulting AgiiPlus being a wholly owned subsidiary of AgiiPlus Global. Upon the closing of the transactions, the combined company is expected to remain NASDAQ-listed under a new ticker symbol "AGII". Founded in 2016, AgiiPlus has grown to become a leading work solutions provider for rapid-change, quick-pivot enterprises in China and Singapore. To adapt to fierce competition and rapidly evolving market demands, companies are adjusting their business models to foster more agility to meet such demands. These transformative enterprises generally have organizational structure characteristics that are more flexible with higher technological attributes and are primarily focused on business development, which requires a one-stop solution that can dynamically meet various demands over their business life cycles. Relying on its proprietary technologies, AgiiPlus offers transformative integrated working solutions to its enterprise customers, including a digital office marketplace to match enterprises with landlords, customized prefabricated renovation with smart building solutions, high quality flexible workspace with plug-in software and on-demand enterprise services. As of June 30, 2021, AgiiPlus has served over 7,500 enterprise clients and 95,000 online members with a comprehensive managed area of more than 500,000 square meters. AgiiPlus has accumulated over 8,500,000 foot traffic for managed buildings and operates 50 physical agile working centers across Tier-1 and gateway cities in China and Singapore. AgiiPlus has generated a compounded annual revenue growth rate of approximately 158% from 2016 to 2020. Revenues in 2020 increased by 23.7% compared to 2019, despite the COVID-19 pandemic. The current management team of AgiiPlus will continue to run the combined Company after the transaction. Under the terms of the Merger Agreement, Goldenbridge's wholly owned subsidiary AgiiPlus Global will acquire AgiiPlus, resulting in AgiiPlus Global being a listed company on the Nasdaq Capital Market. At the effective time of such transactions, AgiiPlus' shareholders and management will receive 52 million ordinary shares of AgiiPlus Global. All shares held by existing AgiiPlus shareholders will be subject to lock-up agreements for a period of twelve months following the date the transaction closes, subject to certain exceptions The proposed transactions contemplated by the Merger Agreement valued the combined company at an estimated equity value on a pro-forma basis of approximately $578 million assuming no redemptions from the trust account.
HZNP

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08:53 EDT Horizon Therapeutics publishes data from UPLIZNA trial for NMOSD - Horizon Therapeutics announced the publication of a post-hoc analysis from the N-MOmentum phase 2/3 pivotal trial of UPLIZNA, which highlights a sustained effect on attack risk with no new safety signals in people with NMOSD who received the treatment for four or more years. These data are published in the Multiple Sclerosis Journal. NMOSD is a rare, severe autoimmune disease that attacks the optic nerve, spinal cord and brain stem. The attacks are often recurrent and can cause irreversible damage to the nerves, leading to cumulative visual and motor disabilities over time. UPLIZNA is the first and only FDA-approved anti-CD19 B-cell-depleting humanized monoclonal antibody for the treatment of adult patients with anti-aquaporin-4 antibody positive NMOSD. "This long-term study is important because NMOSD is a chronic disease that requires lifelong management. Physicians need to understand the implications of prolonged treatment," said Bruce Cree, M.D., Ph.D., MAS, professor of clinical neurology at the University of California San Francisco Weill Institute for Neurosciences and primary study investigator. "It is highly encouraging to see that most patients in this study were attack-free after the first year of UPLIZNA treatment and that new safety concerns were not observed. The data demonstrate that long-term UPLIZNA use is associated with a reduced risk of NMOSD attacks - possibly due to the depth and extent of B-cell depletion with repeated doses."
TOL

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08:53 EDT Toll Brothers, PGIM Real Estate announce JV for Georgia rental community - Toll Brothers and PGIM Real Estate have announced the formation of a new joint venture to develop Momentum Midtown, a 36-story, 376-unit luxury rental apartment community at 1018 West Peachtree Street in the heart of Atlanta's tech community. The joint venture has secured a $96 million construction loan facility from Wells Fargo Bank N.A. The debt and equity financing were arranged by Toll Brothers' in-house Finance Department. Toll Brothers Apartment Living will manage the development, marketing, leasing and property management of 1018 West Peachtree. Momentum Midtown is located within a five-minute walk of the Georgia Institute of Technology campus in Atlanta's Midtown community between the Downtown and Buckhead neighborhoods. With superior access to I-75/85, GA-400, MARTA rail stations, and Hartsfield-Jackson International Airport, the property benefits from convenient access to many of the area's major transportation corridors, employment centers and employers, including FORTUNE 500 companies such as Google, NCR, AT&T, and Coca-Cola. Atlanta has the South's second-largest pool of tech workers and the property's adjacency to Georgia Tech and its location two blocks south of Google's planned 475,000 square foot Midtown office, places it at the center of Atlanta's tech innovation community.
BSGM

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08:52 EDT BioSig Technologies announces publication of data of PURE EP system - BioSig Technologies announced that an article titled, "Evaluation of a novel cardiac signal processing system for electrophysiology procedures: the PURE EP 2.0 study" has been published in the Journal of Cardiovascular Electrophysiology and is available electronically with open access as of September 23, 2021, via the Wiley Online Library. The PURE EP 2.0 study was conducted at three U.S. hospitals: Texas Cardiac Arrhythmia Institute at St. David's Medical Center, Mayo Clinic Jacksonville, and Massachusetts General Hospital. Intracardiac signal data of clinical interest were collected during 51 cardiac ablation procedures using the PURE EP System, the signal recording system, and the 3D mapping system at the same time stamps. The samples were randomized and subjected to blinded, head-to-head evaluation by three independent electrophysiologists to determine the overall quality and clinical utility of PURE EP signals when compared to conventional sources. Each reviewer responded to the same signal comparisons using a 10-point rating scale. Results showed 93% consensus across the blinded reviewers with a 75% overall improvement in intracardiac signal quality and confidence in interpreting PURE EP signals over the signals from conventional sources. Further analysis of the responses from the blinded reviewers showed an 83% improved confidence when interpreting complex multi-component signals, leading to a better understanding of the catheter position in relation to the ablation target. Additionally, there was a 73% improved visualization of small, fractionated potentials increasing the proper analysis of scar and abnormal conduction tissue characteristics.
PDSB

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08:50 EDT PDS enrolls first stage of checkpoint inhibitor naive patient arm in trial - PDS Biotechnology announced the completion of enrollment for the first stage of the checkpoint inhibitor naive arm of its VERSATILE-002 Phase 2 study for the treatment of recurrent and/or metastatic human papillomavirus-associated head and neck cancer. 90% of HPV-associated head and neck cancers are reported to be caused by HPV16 as reported by a study published in the Journal of Clinical Medicine. VERSATILE-002 is studying two groups of HPV16-positive head and neck cancer patients whose cancer has returned or spread. The first group has not been previously treated with a checkpoint inhibitor. The second group of patients have failed multiple treatments including checkpoint inhibitor therapy. As specified in the clinical trial design, objective response is measured by radiographic tumor responses according to RECIST 1.1. If objective response is achieved among at least four of the first 17 patients in the CPI naive arm, this will trigger advancement to the second stage of the study arm and enrollment of the planned 54 patients in the CPI naive arm. The trial is being conducted in collaboration with Merck & Co.
IBRX MRK

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08:50 EDT NCI selects ImmunityBio's receptor agonist Anktiva -Keytruda combo for NSCLC - ImmunityBio (IBRX) announced the Lung Cancer Master Protocol public-private partnership-which includes the National Cancer Institute, the National Clinical Trials Network Cooperative Groups SWOG, ECOG-ACRIN, Alliance, and NRG, Friends of Cancer Research, and the Foundation for the National Institutes of Health -will study the company's IL-15 receptor superagonist complex, N-803, Anktiva, in the Lung-MAP trial. Anktiva will be given in combination with Merck's pembrolizumab, Keytruda (MRK), to participants with non-small cell lung cancer who have failed previous treatments. The combination therapy will be offered as a treatment to patients with tumors that do not have mutations targetable with a drug, which is the case for the majority of NSCLC patients. The Lung-MAP trial is open at more than 700 sites in the U.S. When fully enrolled, this trial group will include 478 patients. "While some patients with lung tumors have targetable genetics, the majority do not, and for them there are fewer treatment options," said John Wrangle, M.D., one of the researchers at the Medical University of South Carolina who developed the study. "The Lung-MAP study aims to change that by combining different therapies such as Anktiva and Keytruda in an effort to discover highly effective and targeted
MLSS

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08:49 EDT Milestone Scientific says Memorial Regional Hospital begins use of CompuFlo - Milestone Scientific reported that Memorial Regional Hospital in Hollywood, Fla., has begun the use of the CompuFlo Epidural Instrument. Memorial Regional Hospital is the flagship facility of the healthcare system and is one of the largest hospitals in Florida. Additionally, Milestone has received approval to eventually supply its CompuFlo Epidural and CathCheck Verification System disposables across Memorial Healthcare System network of hospitals, which also includes Joe DiMaggio Children's Hospital, Memorial Regional Hospital South, Memorial Hospital West, Memorial Hospital Miramar and Memorial Hospital Pembroke.
HPQ

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08:47 EDT HP Inc. completes acquisition of Teradici - HP Inc. announced the completion of its acquisition of Teradici Corporation, a global innovator in remote computing software that enables users to securely access high-performance computing from any PC, Chromebook, or tablet. The acquisition will enhance HP's capabilities in the Personal Systems category by delivering new compute models and software-enabled digital services tailored for hybrid work. The acquisition enables HP to enhance its remote services and solutions by offering customers a single subscription to Teradici Cloud Access Software and ZCentral Remote Boost. The integrated subscription will be available for purchase by the end of the calendar year.
JNJ

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08:47 EDT Janssen presents new data on safety profile for STELARA - The Janssen Pharmaceutical Companies of Johnson & Johnson announced a new analysis of STELARA pooled safety data from 13 clinical studies across approved indications, showing rates of key safety events among adults 60 years and older treated with STELARA for up to five years were similar to rates observed with placebo during the control phase of these trials. Approved indications included adults with moderately to severely active Crohn's disease, moderately to severely active ulcerative colitis , moderate to severe plaque psoriasis and active psoriatic arthritis. These data represent an important patient population as patients 60 years old and older are at a higher risk of disease and therapy-associated morbidity. Pooled Safety data show: Data from 13 Phase 2 and 3 studies, including six studies in CD/UC and seven studies in PsO/PsA for STELARA, were pooled. Number of events across pooled indications per 100 PYs were as follows: Overall rates for adverse events per 100 PYs were no greater for STELARA than placebo; overall rates for infections per 100 PYs were similar between STELARA and placebo; rates of serious AEs and serious infections were similar between STELARA and placebo treatment groups; and no increased risk of malignancy with STELARA was observed based on a comparison of observed versus expected malignancies. Overall, the safety profile of STELARA-treated patients 60 years old and older from the long-term pooled safety dataset across approved indications did not demonstrate higher rates on STELARA versus placebo. These data are among 13 total abstracts, including three other oral presentations, two posters of week 12 data for TREMFYA in the treatment of adults with moderately to severely active CD from the GALAXI study, and two late breakers Janssen is presenting at UEGW. TREMFYA is not currently approved for the treatment of CD in the United States.
SVFD

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08:46 EDT Save Foods begins commercial avocado treatment program with Galilee - Save Foods announced that it is beginning a large commercial treatment program with Galilee Export. Galilee is the second-largest exporter of fresh produce in Israel, managing over 9,000 hectares of farmland, growing a wide range of fruits and vegetables for customers around the world. Avocados are their leading product and Galilee accounts for nearly 50% of Israel's total avocado exports. Galilee also exports other fruits and vegetables, including citrus, mangoes, Medjoul dates, pomegranates, grapes, sweet peppers, carrots, lychees, peaches and nectarines. Galilee's avocado fields are located in Israel's Galilee region in the north of the county. The regional climate provides a nine-month grow season, from September to May, and contributes to a range of varieties of avocado, each with different taste and quality characteristics. Treatment on the commercial line will begin at Galilees' state-of-the-art packing houses in October and is expected to run throughout the 2021-2022 grow season.
MARA

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08:45 EDT Marathon Digital produces 1,252.4 bitcoins in Q3 - Marathon Digital Holdings published unaudited bitcoin production and miner installation updates for September 2021 and announced a new $100 million revolving line of credit with Silvergate Bank. Corporate Highlights as of October 1, 2021: Produced 1,252.4 new minted bitcoins during Q3 2021, increasing production by 91% quarter-over-quarter; Produced 340.6 new minted bitcoins during September 2021, increasing total bitcoin holdings to approximately 7,035 with a fair market value of approximately $336.3 million; Cash on hand was approximately $32.9 million and total liquidity, defined as cash and bitcoin holdings, was approximately $369.1 million; Received approximately 26,960 top-tier ASIC miners from Bitmain year to date with an additional 8,459 ASIC miners currently in transit; Existing mining fleet consists of 25,272 active miners producing approximately 2.7 EH/s; Successfully added DMG Blockchain to MaraPool; On October 1, 2021, obtained a $100 million revolving line of credit, secured by bitcoin and USD, with Silvergate Bank. As of October 1, 2021, Marathon's mining fleet has produced approximately 2,098 newly minted bitcoins during 2021. By month, the Company's bitcoin production was as follows: As a result, Marathon currently holds approximately 7,035 BTC, including the 4,812.66 BTC the Company purchased in January 2021 for an average price of $31,168 per BTC. On October 1, 2021, the fair market value of one bitcoin was approximately $47,798, implying that the approximate fair market value of Marathon's current bitcoin holdings is approximately $336.3 million. As of October 1, 2021, Bitmain has delivered approximately 26,960 top-tier ASIC miners to the Company's mining facility in Hardin, MT. In September, global logistics issues began to impact shipments, elongate delivery times, and affect the original deployment schedule of miners. While deliveries of miners may continue to fluctuate in the near-term, based on current estimates, the Company still anticipates all previously purchased miners to be delivered by mid-2022. At that time, the Company's mining fleet is expected to consist of approximately 133,000 miners, generating approximately 13.3 EH/s. On October 1, 2021, Marathon secured a $100 million revolving line of credit with Silvergate Bank, which is a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. Under the terms of the agreement, Marathon may utilize the RLOC for general corporate purposes related to the Company's bitcoin mining business, including but not limited to, the acquisition of bitcoin mining equipment. The RLOC, which is secured by bitcoin and USD, will be initially available for one year and may be renewed annually by agreement between Silvergate Bank and Marathon.
NXTC

Hot Stocks

08:43 EDT NextCure appoints Ellen Feigal, Anne Borgman to board of directors - NextCure announced the appointments of Ellen G. Feigal, M.D., and Anne Borgman, M.D., to its Board of Directors. Dr. Feigal is currently a Partner and Head of the Biologics Practice at NDA Partners. Dr. Borgman is currently Vice President and Global Therapeutic Area Lead, Hematology-Oncology, at Jazz Pharmaceuticals, where she is responsible for global development of the company's oncology and hematology drugs, including four marketed products.
KERN

Hot Stocks

08:43 EDT Akerna closes $17M acquisition of 365 Cannabis - Akerna announced it has closed the acquisition of 365 Cannabis, a cannabis ERP and business management software system built on Microsoft's Dynamics 365 Business Central, in a $17M deal. "The 365 Cannabis acquisition represents the final piece of the puzzle for connecting cannabis compliance with mainstream ERP offerings to give our clients a choice between all of the most popular financial and operational systems," said Jessica Billingsley, Akerna CEO. "We are proud to offer cannabis operators the most comprehensive cannabis technology ecosystem of the best-in-class tax, financial, compliance, consulting, training, data analytics, product development, and more." Akerna has partnered with SAP, Sage Intacct, and other leading financial and tax planning providers to offer cannabis operators a solution for each stage of their evolution - from startup to multistate operator - while maintaining regulatory compliance through Akerna's compliance gateway. The acquisition of 365 Cannabis accelerates the deployment of this strategy with the addition of Microsoft capabilities, further establishing Akerna as the most robust cannabis-compliant ERP system offering a complete portfolio of mainstream tax and financials.
AFCG

Hot Stocks

08:42 EDT AFC Gamma posts $119.2M in gross originations for September quarter - The company said, "Our cannabis expertise and market reputation has allowed us to evaluate a wide universe of potential investment opportunities with attractive risk adjusted returns. Advancing its position as a leading cannabis lender, AFC Gamma is pleased to report that for the quarter ended September 30, 2021, the company's gross funding was $89.3 million and its net funding, taking into account loan repayments and amortization, was $79.3 million. AFC Gamma closed on total new commitments of $119.2 million during the quarter. For the nine months ended September 30, 2021, the company's gross funding was $176.7 million and its net funding, taking into account loan repayments and amortization, was $154.7 million. AFC Gamma closed on total new commitments of $214.0 million during the nine months ended September 30, 2021."
AGRX

Hot Stocks

08:41 EDT Agile announces addition of Twirla to preferred drug position at Medi-Cal - Agile Therapeutics announced that the California Medicaid Program, Medi-Cal, has placed Twirla on the preferred drug formulary list as of October 1, 2021. This development secures a preferred position for Twirla on the formulary for Medi-Cal and related programs which provide health care to approximately 15 million beneficiaries. As of October 1, 2021, the preferred drug list placement for Medi-Cal will apply to those beneficiaries who receive their pharmacy benefit through fee-for-service plans and related programs like the Family Planning, Access, Care and Treatment Program, with the remainder of beneficiaries gaining access as of January 1, 2022.
BMRN...

Hot Stocks

08:41 EDT BioMarin hires Bernstein as CMO, Vedantham as senior VP - BioMarin Pharmaceutical (BMRN) announced that the company hired two industry veterans Harold Bernstein, M.D., Ph.D. as Senior Vice President, Chief Medical Officer and Head of Clinical Development and Ganesh Vedantham, as Senior Vice President, Technical Development filling two key strategic roles. Bernstein will be responsible for fortifying clinical development from early to late stages. Most recently, Bernstein was Head of Translational Medicine, and Vice President of Global Medicines Development at Vertex (VRTX). Vedantham spent more than two decades at Amgen (AMGN) /Immunex in increasingly senior roles across the organization.
FYBR

Hot Stocks

08:41 EDT Frontier Communications appoints Charlon McIntosh CCOO - Frontier Communications announced that Charlon McIntosh has been appointed Chief Customer Operations Officer. Ms. McIntosh will report directly to President and Chief Executive Officer Nick Jeffery and lead enterprise-wide customer operations that deliver superior customer service experiences across Frontier. Charlon McIntosh Most recently, Ms. McIntosh was Humana's Senior Vice President of Group Military Specialty Service and Business Operations, responsible for all customer support and operations for the Employer Group, Military and Specialty lines of business. During her time at Humana she was also Head of Customer Experience, developing and enabling Humana's customer strategy, driving prioritization of experience improvement initiatives and investments, and supporting the design and transformation of the end-to-end customer experience. Using digital technology and automation, she helped modernize the customer experience and create simple and personalized care for Humana's members and providers.
CNSWF

Hot Stocks

08:40 EDT Lumine Group acquires Kansys, terms not disclosed - Lumine Group, a division of Volaris Group, announced that it has completed the acquisition of Kansys Inc , a provider of modular billing subscription management, event intelligence, and mediation software for communication service providers and tier 1 enterprise corporations. Its Edge suite includes capabilities for quoting, agreement revenue, collections, and usage-based rating. Kansys is Lumine's 22nd acquisition, further establishing Lumine's position as a leading global acquirer of communications and media software businesses.
RLM

Hot Stocks

08:38 EDT Realm Therapeutics provides regulatory, development updates on REL-1017 - Relmada Therapeutics provided regulatory and development updates regarding its ongoing late-stage clinical program for REL-1017 in major depressive disorder, MDD. RELIANCE III, the new ongoing monotherapy trial, aims to randomize 364 patients and it is expected to be completed in the second quarter of 2022. In addition, in order to support potential regulatory submissions seeking approval for REL-1017 as monotherapy and adjunctive treatment, the FDA confirmed that, based on what is known at this time, Relmada will not be required to conduct a two-year carcinogenicity study of esmethadone, as sufficient pre-clinical safety data have been generated to date. The FDA also confirmed that Relmada does not need to conduct a TQT cardiac study in humans to support cardiac safety in potential regulatory submissions for REL-1017, as the data provided so far and the data generated by the Phase 3 program will be adequate to evaluate the cardiac safety profile of REL-1017. "We are pleased that the RELIANCE III monotherapy registrational Phase 3 trial is up and running," said Dr. Paolo Manfredi, CSO of Relmada Therapeutics. "We believe that this advancement is indicative of the significant potential of REL-1017 to treat MDD. Importantly, conducting RELIANCE III as a Phase 3 study may meaningfully reduce the time to potential approval for REL-1017 as MDD monotherapy. We are continuing to actively enroll patients into RELIANCE I and RELIANCE II, our MDD adjunctive treatment pivotal trials, as well as into the new RELIANCE III monotherapy study. Meanwhile, RELIANCE OLE, the open label extension safety study, which is enrolling patients from RELIANCE I, II AND III, as well as de novo patients, is progressing steadily."
AYRWF

Hot Stocks

08:38 EDT Ayr Wellness closes acquisition of PA Natural Medicine - Ayr Wellness announced it has closed, through a wholly owned subsidiary, on the purchase of 100% of the membership interests of PA Natural Medicine, an operator of three licensed retail dispensaries, deepening Ayr's presence in the rapidly growing medical market in the Commonwealth of Pennsylvania. The acquisition of PA Natural adds key dispensary locations in central PA, including the college towns of Bloomsburg and State College, as well as Selinsgrove. In keeping with the Company's retail strategy, the stores will be rebranded to "Ayr" from the existing "Nature's Medicine" banner by year-end. The terms of the transaction include upfront consideration of $80 million, made up of $20 million in stock, $25 million in seller notes and $35 million in cash. An earn-out based on 2021 Adjusted EBITDA, is payable in Q1 2022. The Company's trustee, Odyssey Trust, is making final determinations in connection with the warrant exercises ahead of the accelerated expiry effective September 30, 2021. The Company estimates over 90% of the expiring warrant holders chose to exercise for cash. As a result, Ayr expects approximately US$50 million in cash to be added to its balance sheet. A final update will be provided by the Company in the near future.
SELB TAK

Hot Stocks

08:37 EDT Selecta Biosciences, Takeda announce strategic licensing agreement - Selecta Biosciences (SELB) announced that it has entered into a strategic licensing agreement with Takeda Pharmaceutical Company Limited (TAK) to develop targeted, next-generation gene therapies for two indications within the field of lysosomal storage disorders. The collaboration leverages Selecta's ImmTOR platform to enable redosing of transformative therapies. Under the terms of the agreement, Selecta is entitled to receive an undisclosed upfront payment and up to $1.124 billion in future additional payments over the course of the partnership that are contingent on the achievement of development or commercial milestones or Takeda's election to continue its activities at specified development stages. Selecta is also eligible for tiered royalties on future commercial sales.
AFCG

Hot Stocks

08:36 EDT AFC Gamma expands senior secured credit facility with Justice Cannabis - AFC Gamma announced that it has expanded its senior credit facility by $53.4 million, to $75.4 million in total commitments to Justice Cannabis Co., a Chicago-based multi-state operator with licenses in eight states. The credit facility expansion is designed to provide Justice Cannabis Co. with additional capital to purchase assets and develop its operations in New Jersey, further develop its Pennsylvania cultivation facility and refinance existing debt. AFC Gamma has committed an additional $43.4 million under Justice Cannabis Co.'s expanded credit facility, with $10.0 million syndicated to an affiliate. AFC Gamma now holds a total of $65.4 million of the $75.4 million expanded credit facility. The loan is secured by a first-lien mortgage on Justice Cannabis Co.'s owned real-estate in New Jersey and Pennsylvania and other commercial-security interests. AFC Management, LLC served as Agent for the transaction.
HRTX

Hot Stocks

08:36 EDT Heron Therapeutics announces filing of supplemental NDA for ZYNRELEF - Heron Therapeutics announced submission of a supplemental New Drug Application, NDA, for ZYNRELEF extended-release solution for an expanded indication. ZYNRELEF is currently indicated in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after bunionectomy, open inguinal herniorrhaphy, and total knee arthroplasty. At a recent Type C meeting with the U.S. Food and Drug Administration, Heron gained agreement on the content of the supplement for expansion of the ZYNRELEF indication statement to include foot and ankle, small-to-medium open abdominal, and lower extremity total joint arthroplasty surgical procedures without the need for additional clinical studies. This submission is based on the consistent safety, efficacy and pharmacokinetic data from previously completed clinical trials. Alignment was also reached with the FDA on the data needed to support a future supplemental NDA to further expand the ZYNRELEF indication statement to broadly include soft tissue and orthopedic surgical procedures with pharmacodynamic, pharmacokinetic and safety data from a limited number of additional procedures. The studies in these additional surgeries are already in progress with the plan to submit the next supplement in the second half of 2022. "Our Type C meeting with the FDA was very positive, with alignment on next steps for the submission of two sequential supplemental NDAs designed to expand the ZYNRELEF indication statement in a stepwise fashion. The first label expansion is designed to significantly increase the annual number of indicated surgical procedures and the second label expansion is anticipated to broadly cover 14 million targeted surgical procedures. Based on the strength of the clinical data already generated with ZYNRELEF, the FDA agreed Heron could immediately submit the first supplement, which we have done," said Barry Quart, Pharm.D., Chairman and Chief Executive Officer of Heron. "Submission of the first supplement within three months of launching ZYNRELEF is a major accomplishment, with the second supplement planned for next year."
SWKH

Hot Stocks

08:35 EDT Enteris BioPharma announces completion of Phase 1 trial of Peptelligence - Enteris BioPharma, a wholly-owned subsidiary of SWK Holding, announced the successful completion of a Phase 1 clinical trial investigating its optimized Peptelligence oral tablet formulation of leuprolide. Data from the 22-patient study indicate that the optimized Peptelligence oral formulation is able to safely deliver a higher dose of leuprolide that enables blood concentrations comparable to subcutaneous or intramuscular depot injections. The optimized oral tablet leuprolide was developed utilizing Enteris' proprietary Peptelligence platform including peptides and BCS class II, III and IV small molecules. Drug product for the Phase 1 clinical trial was manufactured by Enteris at its state-of-the-art 32,000-square-foot manufacturing facility, which has capacity to produce clinical trial material in quantities required along the entire clinical trial spectrum, from Phase 1 to Phase 3, as well as initial commercial production. "Based on every measure, the Phase 1 clinical trial of our optimized oral tablet leuprolide formulation was a success, and we now look forward to further developing the product to address diseases in which gonadotropin-releasing hormone agonists are known to provide benefit and for which an oral format can improve patient compliance," stated Rajiv Khosla, Ph.D., Chief Executive Officer of Enteris BioPharma. "Importantly, the success of this Phase 1 clinical trial clearly demonstrates Enteris' comprehensive pharmaceutical CMC and clinical development capabilities both for our internal pipeline and for our partnered programs."
AMC

Hot Stocks

08:34 EDT AMC Entertainment sets new post-reopening weekend attendance record - AMC Entertainment announced it just set a new post-reopening record for weekend attendance, as well new post-opening records for ticket admission revenues and food & beverage sales. This was driven by the openings of Venom: Let There Be Carnage in the United States and the latest James Bond movie, No Time To Die, overseas. From Thursday September 30 through Sunday October 3, more than 2.4M people watched movies at U.S. AMC theatre locations in the United States. An additional more than 1.4M moviegoers visited AMC's theatres overseas. This brought total AMC attendance globally to approximately 3.9M, a new post-reopening record. Venom: Let There Be Carnage opened to a reported $90M for its domestic opening weekend. That estimate would make Venom: Let There Be Carnage the second-largest October opening in domestic box office history. Internationally, the success of Odeon Cinemas was driven by No Time To Die which opened to an overseas industry-wide $119M. No Time To Die also shattered various ticket sale records, including in the United Kingdom where Saturday ticket admissions revenue was the highest for one day of any film in the entire James Bond franchise dating back to its launch in 1962, some 59 years ago. No Time To Die will open in the United States this week, on October 8. Venom: Let There Be Carnage will open in Europe next week, on October 15.
TBTC

Hot Stocks

08:33 EDT Table Trac to install CasinoTrac management system for Comanche Nation - Table Trac announced that Comanche Nation Entertainment of Lawton Oklahoma has chosen Table Trac's CasinoTrac casino management system for its new Comanche Cache Casino currently under construction in Cache, Oklahoma. Comanche Nation Entertainment operates four Oklahoma properties with two more coming soon: Comanche Nation Casino in Lawton, Comanche Red River Hotel Casino in Devol, Comanche Spur Casino in Elgin and Comanche Star Casino in Walters. Its newest properties, War Pony Casino and Comanche Cache Casino, are under construction and scheduled to open this December and next Spring, respectively.
GNLN

Hot Stocks

08:33 EDT Greenlane appoints independent director Donald Hunter as Chairman - Greenlane Holdings, announced the appointment of independent director Donald Hunter as Chairman of the Board, effective September 30. Aaron LoCascio, the former Chairman of the Board, will remain on the Company's Board of Directors.Mr. Hunter's appointment reaffirms Greenlane's commitment to strong corporate governance and independent oversight.
CNNEF

Hot Stocks

08:33 EDT Canacol Energy says gas sales averaged 200 MMscfpd for September - Canacol Energy is pleased to provide the following information concerning its September 2021 natural gas sales, the San Marcos 1 well, and remaining exploration drilling plans for 2021. Average realized contractual natural gas sales were approximately 200 million standard cubic feet per day for September 2021. The San Marcos 1 well was spud on September 13, 2021 and reached a total depth of 7,317 feet measured depth on September 18, 2021. The well encountered 105 feet true vertical depth of net gas pay with an average porosity of 21% within the primary Cienaga de Oro sandstone reservoir target. The Corporation is currently completing production testing operations ahead of placing the well on permanent production within the next week. The rig is currently being mobilized to drill the Corneta 1 exploration well. Corneta 1 is targeting gas bearing sandstones within the Tertiary Tubara Formation, a new shallow exploration play that the Corporation is pursuing on the VIM 5 Exploration and Production Contract. Corneta 1 will spud in mid October and is anticipated to take up to 4 weeks to drill, complete and test. Upon completion of the Corneta 1 well, the rig will be mobilized to drill the Siku 1 exploration well, which is targeting gas bearing sandstones of the CDO reservoir in close proximity to the Corporation's Clarinete gas field, also located on the VIM 5 E&P contract. Siku 1 is anticipated to take approximately 5 weeks to drill, complete, and test prior to the end of the year.
CNTA

Hot Stocks

08:32 EDT Centessa announces $300M financing agreement with Oberland Capital - Centessa Pharmaceuticals announced that it has entered into a $300 million financing agreement with funds managed by Oberland Capital Management. Oberland Capital will purchase up to $300 million of 6-year, interest-only, senior secured notes from the Company under the following terms: $75 million funded October 4, 2021; $125 million available to be funded in tranches of $75 million and $50 million within 24 months of First Purchase Date at the option of the Company; $100 million available to fund M&A, in-licensing, or other strategic transactions, at the option of the Company and Oberland Capital. The Notes are interest-only for the full 6-year term; principal on the Notes will be due October 4, 2027, with certain contingent and capped payments due up to ten years from First Purchase Date; Flexible structure with no financial covenants. This $300 million facility, combined with the Company's existing cash balance as of June 30, 2021, provides access to over $900 million to advance the Company's pipeline of clinical and pre-clinical programs and enables the Company to pursue strategic business development opportunities.
XFOR

Hot Stocks

08:30 EDT X4 Pharmaceuticals completes enrollment in Phase 3 mavorixafor trial - X4 Pharmaceuticals announced that it has completed enrollment in the ongoing pivotal Phase 3 clinical trial of its lead candidate, mavorixafor, in the treatment of patients with genetically confirmed WHIM syndrome, a primary immunodeficiency caused by gain-of-function mutations in the CXCR4 gene. Thirty-one adult and pediatric patients have enrolled in the 4WHIM trial, which compares a once-daily, oral dose of mavorixafor to placebo across primary and secondary endpoints that include clinically relevant counts of neutrophils and lymphocytes, the frequency and severity of both infections and warts, as well as certain quality of life measurements. The trial was originally designed to enroll 18-28 patients.
PPSI

Hot Stocks

08:30 EDT Pioneer Power announces 'one-time' E-Bloc order from SoCalGas for $500K - Pioneer Power Solutions announced that its newly introduced E-Bloc integrated power center product will be utilized in Southern California Gas Company's H2 Hydrogen Home prototype. The one-time order is valued at approximately $500,000, and the Company expects it to be delivered in the fourth quarter of 2021. SoCalGas' H2 Hydrogen Home is a state-of-the-art demonstration project aimed at showing the role hydrogen could play in attaining California's goal of achieving carbon neutrality. Pioneer Power's E-Bloc system is a packaged electrical infrastructure solution that will integrate and control the various distributed energy resources, including an H2 Fuel Cell, PV solar and energy storage, to form an islanded microgrid that can support the power needs of the prototype two-story model home, eliminating the need for connectivity to a public utility grid. Natural gas, water and sewer will be the only utilities connected to the home.
AMIH

Hot Stocks

08:30 EDT AMIH's EPIQ MD launches Commerical Division - American International Holdings announced its subsidiary EPIQ MD, has launched its Commercial Division that will target small and medium sized businesses as well as municipalities in its coverage areas, including Alaska, Georgia, Illinois and Texas, which collectively represent a market size of an approximate 950,000 entities. Operations will be managed from the Company's headquarter offices in Plano, Texas and will encompass a client-friendly, no obligation analysis as part of its general sales process.
DTE

Hot Stocks

08:29 EDT DTE Energy moves forward with plan to build MIGreenPower solar project - DTE Energy announced the company is moving forward with a plan to build its first MIGreenPower community solar project in Washtenaw County. The 20-megawatt facility will be the largest in the region and is designed to support the City of Ann Arbor and Pittsfield Township with achieving their clean energy goals. Additionally, all DTE Electric customers will have the opportunity to subscribe to this project. MIGreenPower is a voluntary renewable energy program that enables DTE customers to match their energy use to the company's wind and solar projects. Program participation accelerates the development of new wind and solar projects, moving the state closer to a carbon neutral future. This new community solar project will be located on a capped landfill and on a greenfield site owned by the City of Ann Arbor. If built, the City of Ann Arbor will serve as the project's anchor tenant, meaning it would agree to purchase power not subscribed by other customers. Pittsfield Township will be prioritized as the project's first subscriber and will use the project to reach its 100% renewable energy goal. DTE is issuing an open Request for Proposal for the engineering, procurement and construction of the project and anticipates that the project will begin generating energy in 2023.
TTCF

Hot Stocks

08:27 EDT Tattooed Chef available at Publix supermarkets - Tattooed Chef announced six of its entree bowls are available in approximately 1,200 Publix Super Markets stores as of October 1, 2021.
CERT

Hot Stocks

08:26 EDT Certara completes acquisition of Pinnacle 21 - Certara announced the completion of the previously announced transaction to acquire Pinnacle 21, a provider of SaaS solutions for clinical data fitness, regulatory compliance and submission readiness. At closing, equity holders of Pinnacle 21 received approximately $250 million in cash consideration and 2,239,717 shares of Certara restricted common stock, subject to certain customary closing adjustments. The transaction is expected to be accretive to Certara's revenue, revenue growth, and adjusted EBITDA. Certara will update financial guidance when the Company releases third quarter 2021 earnings in November.
CSLLY

Hot Stocks

08:26 EDT Seqirus awarded US government contract to develop two pandemic influenza vaccine - Seqirus, a business of CSL, announced that the Biomedical Advanced Research and Development Authority, or BARDA, a division of the Office of the Assistant Secretary for Preparedness and Response within the U.S. Department of Health and Human Services, has selected Seqirus to develop two influenza A virus vaccine candidates for assessment in a Phase 1 clinical study with the goal of helping to safeguard communities in the event of an influenza pandemic. Under terms of the multi-year, $34.95M agreement, Seqirus will provide clinical development services to evaluate the safety, immunogenicity and dose-sparing capability of two influenza A vaccine candidates: The first candidate will utilize a combination of cell-based and adjuvanted technologies; and the second candidate will utilize Seqirus' self-amplifying mRNA platform. "As a global leader in pandemic influenza preparedness, Seqirus understands the vital role of global partnerships in preparing for the unpredictable, ever-present threat of pandemic influenza, which, according to the World Health Organization, is a matter of 'when,' not 'if,'" said Marc Lacey, Executive Director, Pandemic Response Solutions, Seqirus.4 "Seqirus is uniquely positioned to use our pandemic influenza vaccine expertise, flexible platform technologies and innovative research capabilities to reliably meet the needs of the U.S. government in such a critical capacity. We are proud to be a trusted partner in support of BARDA's pandemic preparedness objectives."
ENLV

Hot Stocks

08:26 EDT Enlivex Therapeutics announces publication of data from Phase Ib Allocetra trial - Enlivex Therapeutics announced the peer-reviewed publication of clinical data from the Company's Phase Ib sepsis trial in Frontiers in Immunology, a leading journal in its field publishing rigorously peer-reviewed research articles. The paper, entitled "Apoptotic Cells for Therapeutic Use in Cytokine Storm Associated With Sepsis - A Phase Ib Clinical Trial" was published in collaboration with researchers at Hadassah-Hebrew University Medical Center and The Wohl Institute for Translational Medicine. Data presented in the paper compared 10 patients admitted to the intensive care unit with sepsis who were treated with Allocetra plus standard-of-care with 37 matched controls with sepsis who received only standard-of-care treatment at the same hospital from 2014-2019. Control patients were matched by age, gender, severity of the septic condition reflected by Sequential Organ Failure Assessment score, and infection source. The clinical trial was conducted at Hadassah Medical Center, which is one of the largest and most prestigious hospitals in Israel. Key data and conclusions from the paper include: Allocetra-treated patients had a mortality rate of 0% at the end of the study's 28-day follow-up period compared to a mortality rate of 27% in matched historical controls. Allocetra-treated patients exhibited rapid resolution of organ dysfunction and had significantly shorter ICU stays compared to matched controls. All patients had elevated pro- and anti-inflammatory cytokines, chemokines, and additional immune modulators that steadily decreased following Allocetra treatment. No serious related adverse events or definite treatment-related adverse events were reported with Allocetra treatment. Allocetra is currently being evaluated in patients with pneumonia-associated sepsis in a randomized, placebo-controlled Phase IIb trial and in COVID-19 patients with acute respiratory distress syndrome in a separate randomized, placebo-controlled Phase IIb trial. Top-line data from both trials are expected in the second quarter of 2022.
AMAM

Hot Stocks

08:26 EDT Ambrx says China partner NovoCodex presents data on ARX788 for GEJ cancer - Ambrx announced that NovoCodex Pharmaceutical Ambrx's partner in China, presented positive interim data from the ACE-Gastric-01 Phase 1 clinical study of ARX788 for the treatment of HER2+ metastatic gastric / gastroesophageal junction GEJ cancer at The Chinese Society of Clinical Oncology, CSCO. The newly presented data suggests that ARX788 at a 1.7 mg/kg dose has a tolerable safety profile. The data presented here adds to and updates trial data that Ambrx presented at the 2021 American Society of Clinical Oncology Annual Meeting in June 2021. Ambrx received Orphan Drug designation from the FDA for the treatment of gastric cancer, including cancer at the GEJ, in early 2021. "We are thrilled with the progress from the NovoCodex sponsored study of our lead clinical asset, ARX788, and look forward to continuing our collaboration as we explore the capabilities of our antibody drug conjugate in treating HER2 positive cancers and solid tumors," said Feng Tian, Ph.D., Chairman of the Board, President and CEO of Ambrx. "We are encouraged by the continued positive data from the ACE-Gastric-01 study and we look forward to enrolling more patients in our ongoing global co-sponsored ACE-Gastric-02 Phase 2/3 trial." In August 2021, NovoCodex also announced the dosing of the first patient in the Ambrx and NovoCodex co-sponsored global Phase 2/3 trial of ARX788 in HER2+ gastric cancer. ACE-Gastric-02 is a multicenter, randomized, controlled clinical trial to evaluate the efficacy and safety of ARX788 in patients with HER2+ advanced gastric or gastroesophageal junction adenocarcinoma.
KROS

Hot Stocks

08:24 EDT Keros Therapeutics presents results from preclinical study of RKER-012 - Keros Therapeutics announced that it presented results from a preclinical study of KER-012 at the American Society for Bone and Mineral Research 2021 Annual Meeting held October 1 through 4, 2021. RKER-012 prevented loss of bone volume, bone volume fraction and trabecular number, and reduced trabecular separation in a rodent PAH model. RKER-012, a Novel Activin Receptor Type II Ligand Trap, Protected Rats from Pulmonary Arterial Hypertension-Associated Bone Loss in a SUGEN/Hypoxia Model: Keros combined administration of SUGEN5416, a tyrosine kinase inhibitor of vascular endothelial growth factor receptors 1/2, with exposure to chronic hypoxia to recapitulate the biology of pulmonary arterial hypertension. A research form of KER-012 was tested in this SUGEN/hypoxia rat model of PAH. Adult male rats were subjected to SH and received either vehicle or 20 mg/kg RKER-012 twice weekly for four weeks. Rats maintained under normal oxygen conditions received only vehicle. Relative to normoxic controls, vehicle-treated SH rats had reduced bone volume, lower bone volume fraction, reduced trabecular number and increased trabecular separation. In contrast to the reduced parameters observed in vehicle-treated SH rats, treatment with RKER-012 increased bone volume, led to a higher bone volume fraction, increased trabecular number and decreased trabecular separation. Bone volume, bone volume fraction, trabecular number and trabecular separation remained equivalent to normoxic controls, which suggests that RKER-012 protected rats from PAH-induced bone loss.
AMG

Hot Stocks

08:22 EDT Affiliated Managers, Parnassus Investments complete partnership - Affiliated Managers Group announced the completion of its partnership with Parnassus Investments. With approximately $49 billion under management as of September 30, 2021, Parnassus has been a pioneer in active responsible investing for more than 35 years, focused on investing in companies that generate returns and also have a positive impact on society. Founded in San Francisco in 1984, the firm integrates deep fundamental and environmental, social, and governance research into its collaborative, high-conviction, low turnover investment process, and is today the largest pure-play ESG mutual fund company in the U.S. With more than 95% of its mutual fund AUM in strategies with a Morningstar Rating of 4 or 5 stars, a Morningstar Analyst Rating of Gold for its Core Equity Fund, and each of its equity funds maintaining top sustainability ratings, Parnassus intends to provide investors with attractive long-term, risk-adjusted returns by investing in high-quality businesses at reasonable prices. The terms of the transaction were not disclosed. Benjamin E. Allen, Chief Executive Officer of Parnassus, and Todd Ahlsten, Chief Investment Officer of Parnassus, have entered into long-term employment agreements with the firm.
IIIV

Hot Stocks

08:22 EDT i3 Verticals announces acquisitions, cash consideration paid at closing was $60M - i3 Vertical announced an acquisition "that further strengthens" its focus in the Company's Healthcare vertical, said the company. The acquisition was effective on October 1. The acquired business provides comprehensive revenue cycle management and related administrative and consulting services for hospitals, including academic teaching institutions with residents, practice groups and healthcare providers primarily in the southeast. "This business leverages its secure and customizable proprietary software, seamless integrations with various medical records systems, and established relationships with payers to offer its customers prompt and reliable services.," noted the company in a statement,The Company will discuss this acquisition in further detail during its upcoming fourth quarter and year-end earnings call in November. Chairman and CEO Greg Daily commented, "This business significantly expands our presence in the Healthcare vertical. It is a rock-solid company with robust software capabilities, decades of experience with revenue cycle management, and a seasoned management team that is accustomed to growth and high customer satisfaction. This is our fourth acquisition in the Healthcare vertical, and we are pleased to continue to execute our acquisition strategy with a focus on high-growth verticals." The aggregate cash consideration paid at closing was $60,000,000.
OPCH

Hot Stocks

08:21 EDT Option Care Health acquires Infinity Infusion Nursing for $50M - Option Care Health announced that it has acquired Infinity Infusion Nursing. Infinity is a leader in home infusion services that provide therapy management for patients with acute, chronic and rare disorders through a national network of highly-skilled, specialty nurses. The acquisition builds upon the market-leading platforms for both Option Care Health and Infinity to expand access to clinical resources across the United States. Leveraging Option Care Health's national infrastructure and Infinity's nursing network of more than 1,300 nurses across 49 states, the acquisition establishes a more comprehensive clinical platform focused on delivering extraordinary care. Throughout its history, Infinity has excelled in recruiting, developing and retaining highly skilled infusion nurses and has been a key partner of Option Care Health for nursing services across the country. Option Care Health acquired Infinity on October 1, 2021, for $50 million in an all-cash transaction. Infinity will maintain its current operations and continue to serve a broad array of infusion providers as a separate enterprise within Option Care Health. It will continue to be led by founders Amy Wright, R.N., and Rebekah Kroner.
IKT

Hot Stocks

08:20 EDT Inhibikase Therapeutics announces interim 3 month results from IkT-148009 study - Inhibikase Therapeutics announced interim three-month results from its ongoing chronic toxicology studies of oral IkT-148009 administered in rats and non-human primates. The company's ongoing toxicology studies of IkT-148009 are designed to meet the regulatory requirements for chronic dosing in humans, which include daily oral administration in rats for six months and in NHPs for nine months. In addition to these requirements, Inhibikase has added three-month dosing cohorts in rats and NHPs to support evaluation in Parkinson's patients for up to three months in its planned Phase 2a study. Today's update includes interim results at three months from both animal species, across which the toxicology profile for IkT-148009 improved the longer the drug was dosed. "As a highly selective kinase inhibitor, IkT-148009 has demonstrated it is distinct in its ability to discriminate against the target enzyme, c-Abl, without engaging other targets in the Abelson enzyme family, including c-KIT and PDGFRa-b. We believe this property may enable IkT-148009 to offer best-in-class safety, avoiding the most harmful side-effects commonly associated with c-Abl inhibitors the longer they are dosed in patients," stated Milton H. Werner, Ph.D., President and Chief Executive Officer of Inhibikase Therapeutics. "We are pleased to share interim data from ongoing chronic toxicology studies that support this hypothesis, indicating a more favorable profile in rats and non-human primates given extended treatment with IkT-148009. These learnings, coupled with the absence of clinically significant adverse events in our Phase 1 study, add to our growing confidence in the safety and tolerability of IkT-148009. Taken together with efficacy signals observed preclinically, we look forward to evaluating IkT-148009 in a planned Phase 2a study, subject to FDA agreements, to see how this profile translates into patients with Parkinson's disease." Following FDA review of these three-month toxicology results, and subject to agreement with the Agency, the Company plans to initiate a Phase 2a study in 2022 to evaluate daily oral administration of IkT-148009 in up to 120 Parkinson's patients out to three months.
SFE

Hot Stocks

08:20 EDT Safeguard announces preliminary results of modified dutch auction tender - Safeguard Scientifics announced the preliminary results of its previously announced modified "Dutch auction" self-tender offer to purchase for cash up to $35 million in value of shares of its common stock at a price within the range of $7.90 to $9.00 per share. The tender offer expired at 5:00 p.m. Eastern Time on Friday, October 1, 2021. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 5,035,906 shares of common stock were properly tendered and not properly withdrawn at or below the purchase price of $9.00 per share, including 709,375 shares that were tendered by notice of guaranteed delivery. Because the tender offer was oversubscribed, and pursuant to the terms of the tender offer, the Company has elected to purchase 415,938 additional shares. The relative number of shares of common stock that will be purchased from each shareholder will be prorated based on the number of shares of common stock properly tendered, except for tenders of odd lots, which will be accepted in full. As a result, in accordance with the terms and conditions of the tender offer, and based on the preliminary count by the depositary, Safeguard expects to acquire 4,304,826 shares of its common stock at a price of $9.00 per share for an aggregate purchase price of approximately $38.7 million, excluding fees and expenses related to the tender offer. The shares of common stock expected to be purchased represent approximately 20.7% of the Company's shares of common stock issued and outstanding as of October 1, 2021, which would result in the Company having 16,491,595 shares issued and outstanding immediately following such repurchase. The Company will pay for the repurchases of shares of its common stock with available cash.
SCS

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08:19 EDT Steelcase appoints Sara Armbruster as president, CEO - Steelcase announced today Sara Armbruster has succeeded Jim Keane as president and chief executive officer. Keane, who previously announced his plan to retire in January 2022, will continue at Steelcase as vice chair until his retirement from the company. Since joining Steelcase in 2007, she has held global executive leadership roles in multiple businesses, including Steelcase Education, Steelcase Health and PolyVision Corporation. Armbruster has a proven track record of delivering growth and innovation through strategic, results-oriented leadership. Her diverse responsibilities have included leading information technology, global design research, new business initiatives and the company's global COVID crisis response team. As CEO, Armbruster will focus on global growth strategies designed to meet evolving customer needs and will continue the company's long legacy of excellence in environmental, social and governance issues. Steelcase recently released its 2021 Impact Report, which shares progress made against goals in each of these areas, along with the company's vision to use business as a force for good.
DVAX

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08:18 EDT Dynavax, US DOD announce collaboration to develop plague vaccine - Dynavax Technologies and the U.S. Department of Defense, DOD, announced Dynavax has executed an agreement for approximately $22M over two and a half years to develop a recombinant plague vaccine adjuvanted with CpG 1018. Under the agreement, Dynavax will conduct a Phase 2 clinical trial combining its CpG 1018 adjuvant with the DOD's rF1V vaccine. The company anticipates the Phase 2 trial will commence in 2022. Ryan Spencer, Dynavax's Chief Executive Officer commented, "We are honored to receive this award and to support the U.S. government in developing a plague vaccine to protect the U.S. military members who put their lives at risk every day in service to the country. The development of a CpG 1018 adjuvanted plague vaccine is an important example of the broad utility of our adjuvant which we are leveraging to build our pipeline of new and improved vaccines. Our confidence in CpG 1018 is built on the successful development of our FDA-licensed 2-dose adult hepatitis B vaccine and the multiple late-stage COVID-19 vaccine candidates utilizing CpG 1018." This agreement, funded by the DOD's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense's Joint Project Manager for Chemical, Biological, Radiological, and Nuclear Medical, enables Dynavax to conduct a Phase 2 clinical trial, submit an Investigational New Drug application to the U.S. Food and Drug Administration, and generate additional clinical trial results to add to the existing clinical and non-clinical data. Any future commercial supply agreements would be subject to a separate agreement between Dynavax and the U.S government. The planned Phase 2 randomized, placebo-controlled, observer-blind, multicenter clinical trial will evaluate the immunogenicity, safety, and tolerability of the rF1V vaccine antigens provided by the U.S. government combined with Dynavax's CpG 1018 adjuvant in adults 18 to 55 years of age.
ENPH

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08:18 EDT Enphase Energy expands into Italy - Enphase Energy announced it has further strengthened its presence in the European residential solar market with its expansion into Italy. Enphase will provide the IQ 7 family of microinverters to residential installers across Italy. The Enphase microinverter systems for Italy include the IQ 7 family of microinverters, the Q-Relay safety devices, and the Enphase Envoy communications gateways, which connect Enphase systems to the Enphase Enlighten monitoring platform and make per-panel energy monitoring and insights for operations and maintenance easy. The Enphase microinverter systems meet Italy's stringent regulatory requirement.
CHRS

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08:17 EDT Coherus Biosciences announces results from COLUMBUS-AMD trial - Coherus BioSciences announced that results from the pivotal COLUMBUS-AMD clinical trial evaluating and comparing the efficacy and safety between CHS-201 and Lucentis in the treatment of neovascular age-related macular degeneration were presented October 1st by Dr. Peter K. Kaiser, Professor of Ophthalmology at the Cole Eye Institute of the Cleveland Clinic, at the 54th Annual Scientific Meeting of the Retina Society. The COLUMBUS-AMD study demonstrated the similarity of CHS-201 and reference product Lucentis in terms of clinical efficacy, safety, and immunogenicity in patients with newly diagnosed subfoveal nAMD. CHS-201 is being developed as a proposed biosimilar to the reference product, Lucentis. In 2019, Coherus BioSciences acquired the exclusive rights from Bioeq AG, a Swiss biopharmaceutical joint venture between the Strungmann Group and the Polpharma Biologics Group, to commercialize CHS-201 in the United States. In August 2021, Bioeq submitted the CHS-201 biologics license application (BLA) to the U.S. Food and Drug Administration. FDA has accepted the BLA filing for review and set a target action date for August 2, 2022. If approved, Coherus expects to begin marketing CHS-201 in the United States in the second half of 2022.
BALY JKPTF

Hot Stocks

08:17 EDT Bally's announces $350M share repurchase authorization - Bally's (BALY) announced that its Board of Directors has increased the company's existing share repurchase authorization to $350M in outstanding shares of common stock. With the closing of the Gamesys (JKPTF) acquisition and the company's new $4.065B comprehensive debt package, the Bally's Board of Directors found it appropriate to increase the company's existing share repurchase authorization to maximize flexibility on capital allocation opportunities to drive long-term shareholder value. Under the repurchase program, Bally's can make repurchases from time to time using a variety of methods, including open market purchases, in block trades, accelerated share repurchase transactions, exchange transactions, or any combination of such methods, consistent with jurisdictional and U.S. Securities and Exchange requirements. The repurchase program does not obligate Bally's to acquire any particular amount of ordinary shares, and the repurchase program may be suspended or discontinued at any time at Bally's discretion.
WTT

Hot Stocks

08:16 EDT Microlab selected to provide ultra-wideband solutions at SoFi Stadium - Wireless Telecom Group announced its Microlab brand has once again been selected to provide ultra-wideband solutions to support the expansion of SoFi Stadium's cellular network, enabling increased capacity and 5G network densification. The company said, "Microlab solutions were specifically selected due to superior capabilities in addressing evolving wireless requirements, ensuring the deployment of future-proof networks that can support new 5G services now and in the future."
HQI

Hot Stocks

08:15 EDT HireQuest acquires HR tech start-up Recruit Media, no terms - HireQuest announced that it has acquired Recruit Media "an HR tech start-up with a next-gen SaaS recruitment platform. The transaction was paid for with cash on hand and a modest revolver draw," the company said. Recruit Media enables candidates to create rich multimedia profiles to better differentiate themselves and convey their skills to potential employers. It also streamlines communications with text-based chat as well as in-app video chat. "The acquisition of Recruit Media brings us to the forefront of staffing and recruiting technology and enables us to differentiate our value in the eyes of our workforce and clients. Recruiting qualified workers is a pain point for businesses across America. This platform focuses on reducing this friction point, increasing throughput to our franchisees," commented Rick Hermanns, HireQuest's President and Chief Executive Officer. "Many of the features and solutions of the Recruit Media platform have been on our internal technology road map for a number of years. This acquisition accelerates that road map, saving us years of development, and provides a more robust base to build upon. Technology increasingly influences all aspects of our business and with the acquisition of Recruit Media we enable our franchisees, employees, and clients to interact with one another more efficiently. We're very excited about the opportunities this creates for our franchisees today and the opportunities it opens up for us in the future."
GENI

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08:15 EDT Genius Sports enters data, fan engagement partnership with Hard Rock Digital - Genius Sports announced a new partnership with Hard Rock Digital. As the premier mobile and desktop sports betting brand, Hard Rock Digital will have access to Genius Sports' suite of sportsbook solutions, including official sports data from tens of thousands of events per year, customer acquisition and retention tools, and fan engagement solutions. This new partnership will include Genius Sports' proprietary suite of NASCAR's official data-driven in-race betting markets in addition to exclusive NFL official sports data-powered products, including access to the league's real-time statistics, proprietary Next Gen Stats and official sports betting data feed.
GMBL

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08:15 EDT Esports Entertainment, Alpha Esports Tech announce partnership - Alpha Esports Tech announced that it has signed a partnership with Esports Entertainment Group's newly rebranded subsidiary EEG Labs. EEG Labs was previously known as Genji. The Company and EEG Labs will develop a new computer vision tech system that allows the Company's online platform, GamerzArena, to conduct automated scoring for popular games such as Call of Duty and Fortnite. The new computer vision tech simplifies match scoring and allows GamerzArena to detect many common types of fraudulent activity, such as falsifying game outcomes. An additional benefit of this new technology involves tournament results being available instantly on the leaderboards on GamerzArena. The automated tech will allow users to have an added sense of trust for the results of tournaments and contests due to the consistency of the computer vision tech around scoring. EEG Labs will also deploy its computer vision tech to extract data from additional sources and contests to optimize content plans for the Company.
COMS

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08:15 EDT COMSovereign promotes Fran Jandjel to Chief Financial Officer, executive VP - COMSovereign announced it has named Fran Jandjel as its new Chief Financial Officer and Executive Vice President, or executive VP, effective immediately. Jandjel, who previously served as the company's Financial Controller, replaces Martin Wade III who has stepped down as Chief Financial Officer and Executive Vice President. Wade joined COMSovereign in February and was responsible for the development of the company's financial reporting organization following its capital raises and up listing to the Nasdaq Capital Market earlier this year.
PRQR FRLN

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08:14 EDT ProQR Therapeutics appoints Theresa Heggie as CCO - ProQR Therapeutics announced the appointment of Theresa Heggie as Chief Commercial Officer reporting to Daniel de Boer, Founder and CEO. In this newly created leadership position, Ms. Heggie will be responsible for overseeing the Company's commercial strategy and global commercial operations. She joins as the Company prepares for the top-line results from its Phase 2/3 pivotal Illuminate trial of sepofarsen for CEP290-mediated LCA10 in the first half of 2022. Ms. Heggie most recently served as Chief Executive Officer of Freeline Therapeutics. In connection with her appointment as Chief Commercial Officer, Ms. Heggie has stepped down from the Supervisory Board of ProQR.
GM WOLF

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08:14 EDT General Motors, Wolfspeed enter silicon carbide supplier agreement - General Motors (GM) and Wolfspeed (WOLF) announced a strategic supplier agreement to develop and provide silicon carbide power device solutions for GM's future electric vehicle programs. Wolfspeed's silicon carbide devices will enable GM to install more efficient EV propulsion systems that will extend the range of its rapidly expanding EV portfolio. The silicon carbide will specifically be used in the integrated power electronics contained within GM's Ultium Drive units in its next-generation EVs. As a part of the agreement, GM will participate in the Wolfspeed Assurance of Supply Program, which is intended to secure domestic, sustainable and scalable materials for EV production. The silicon carbide power device solutions will be produced at Wolfspeed's 200mm-capable Mohawk Valley Fab in Marcy, New York, which is the world's largest silicon carbide fabrication facility. Launching in early 2022, this facility will expand capacity for the company's silicon carbide technologies.
RDHL

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08:13 EDT RedHill Biopharma announces more data on opaganib global Phase 2/3 study - RedHill Biopharma reported new data from the opaganib global Phase 2/3 study in hospitalized patients with severe COVID-19 pneumonia showing that treatment with oral opaganib vs. the placebo-controlled arm resulted in a 62% statistically significant reduction in mortality as well as statistically significant improved outcomes in time to room air and median time to hospital discharge in a group of 251 hospitalized, moderately severe COVID-19 patients, comprising 53% of the 475 study participants. These new results are from a post-hoc analysis of data from the 251 study participants requiring a Fraction of inspired Oxygen up to 60% at baseline. Patients with FiO2 less than or equal to 60% are still considered to be severely affected and typically require oxygen supplementation via a nasal cannula or face mask. "We are excited about this promising and robust dataset. We are not aware of any other novel oral pill-based therapy that has shown a similar magnitude of difference in the mortality outcomes of hospitalized patients who are at this moderately severe stage of disease. The data indicates opaganib's potential to provide an effective option, in an easy to take and distribute pill-form, to help prevent patient deterioration and mortality," said Dror Ben-Asher, RedHill's CEO. "Pinpointing the most relevant target patient population is particularly challenging with novel drugs, novel mechanisms of action and a previously unknown disease. This trial and these data have given us a clear indication of which groups of patients are likely to benefit the most from opaganib." Analyses of the FiO2 up to 60% patient subset from the opaganib Phase 2/3 study, the approximate median for FiO2 levels in the study, who were treated with either opaganib or placebo in addition to standard-of-care demonstrate consistent benefit across endpoints, in this subset of hospitalized moderately severe patients. Given the post-hoc characteristics of this subset, statistical inferences of significance cannot be formally attributed. The Company also conducted a Sensitivity Analysis to account for missing data interpretability: Mortality: Opaganib treatment resulted in a statistically significant 62% reduction in mortality; Reaching Room Air by Day 14: 77% of opaganib-treated patients reached room air by Day 14 vs. 63.5% for placebo - an efficacy benefit of 21% with opaganib; Median time to discharge: Patients treated with opaganib showed median time of 10 days to discharge vs. 14 days for the placebo arm, resulting in a saving of four days hospitalization per opaganib patient and saving a total of 524 cumulative days of hospitalization across the group by Day 42; Safety: Overall adverse events were balanced between the opaganib and placebo groups, suggesting good safety, with no new safety signals emerging, further supporting potential use in this patient population and earlier stage populations.
EQBK

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08:13 EDT Equity Bancshares completes merger with American State Bancshares - Equity Bancshares announced it has completed its merger with American State Bancshares, the holding company of American State Bank & Trust Company in Wichita, Kansas, consolidating the core banking system and digital banking platform and completing local rebranding over the weekend. Equity announced the merger with ASB on May 17, 2021. Following the completion of the merger, Equity now has approximately $5.0 billion in consolidated total assets and operates 67 locations in its four-state network in Kansas, Missouri, Arkansas and Oklahoma. Equity's Kansas franchise now includes seven full-service locations in the Wichita metropolitan area, including Augusta and Rose Hill, and former ASBT offices in Belleville, Concordia, Clyde, Garden City, Great Bend, Holcomb, Larned, Macksville, Salina and St. John. Equity Bank ranks seventh in deposit market share in the Wichita metropolitan statistical area, and seventh in deposit market share among financial institutions in Kansas, according to FDIC deposit data presented by S&P Global as of June 30, 2021. The strategic combination with ASB brings Equity's total to 18 since the Company's foundation in 2002, including 10 following the Company's initial public offering in November 2015. Equity completed the transaction, including receipt of all necessary regulatory and shareholder approvals, core systems consolidation, and rebranding, in just over 120 days.
NTAP

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08:13 EDT NetApp to acquire cloud optimization firm CloudCheckr, no terms disclosed - NetApp announced that it has signed a definitive agreement to acquire CloudCheckr. Financial details of the transaction are not being disclosed. As private and public sector organizations together with managed service providers have deepened investments in cloud services over the last few years, cloud cost has emerged as an obstacle to a company's acceleration to cloud. This acquisition extends Spot by NetApp's leading FinOps offerings by combining critical cost visibility and reporting from the CloudCheckr platform with continuous cost optimization and managed services from Spot by NetApp. Bringing these capabilities together will enable organizations to better understand and continuously improve their cloud resources and realize the benefits of cloud faster and at scale. NetApp continues to invest in the innovation and growth of the Spot by NetApp portfolio as a core component of its cloud strategy. The acquisition of CloudCheckr complements and expands the Spot by NetApp portfolio to create an industry leading suite of CloudOps services, and builds on the company's recent acquisition of Data Mechanics. With CloudCheckr, the Spot by NetApp portfolio will offer comprehensive cost visibility, analytics, management, and optimization to help enterprises and managed service providers continuously control their cloud infrastructure resources.
TMCI

Hot Stocks

08:12 EDT Treace Medical appoints Betsy Hanna, Deepti Jain to board of directors - Treace Medical Concepts announced the appointment of Betsy Hanna and Deepti Jain to its Board of Directors effective October 1, 2021. Hanna currently serves as President and Chief Executive Officer and a board member of Clinical Genomics, Inc., a provider of cancer diagnostic solutions. From 2018 to 2020, Ms. Jain served as President of IngenioRX, the pharmacy benefit management division of Anthem.
JETMF

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08:11 EDT Global Crossing Airlines announces LOIs for three A320 aircraft - Global Crossing Airlines Group announces the signing of letters of intent to acquire three Airbus A320 Passenger aircraft from two major aircraft lessors. The Aircraft were previously operated by Virgin America/Alaska Airlines and have full latest technology WiFi capability. Subject to the execution of definitive lease agreements, all three aircraft will be delivered and placed into service at GlobalX over the next 90 days.
LGHL

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08:10 EDT Lion announces Singapore trading license, expanding Southeast Asia presence - Lion Group announced its subsidiary Lion International Financial has been granted a Capital Markets Service License, or CMS license, from the Monetary Authority of Singapore. The CMS License allows Lion Singapore to deal in exchange-traded derivatives contracts, over-the-counter derivatives contracts and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading. "We are pleased to establish Lion into Singapore and expand our regional Asia presence," said Chunning Wang, CEO of Lion. "As part of our strategic expansion plan, this milestone allows us to explore new business opportunities across Southeast Asia. Singapore is one of the world's primary financial centers, and we expect this new license to boost our existing CFD and TRS businesses, generating value for our shareholders." With the initiation of Lion Singapore, the group now has licenses in Hong Kong, Singapore, Cayman Islands and Dubai. The Company intends to establish its new office and have dual headquarters in Hong Kong and Singapore.
ARQT

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08:10 EDT Arcutis Biotherapeutics submits topical roflumilast cream NDA to FDA - Arcutis Biotherapeutics announced it has submitted a new drug application to the U.S. Food and Drug Administration for roflumilast cream for the treatment of mild-to-severe plaque psoriasis. Roflumilast cream is a once-daily topical formulation of roflumilast, a highly potent and selective inhibitor of phosphodiesterase type 4, an enzyme that drives overactive immune responses. In clinical trials, roflumilast cream demonstrated robust efficacy coupled with favorable safety and tolerability that, if approved, would enable chronic use across the body, without many of the local tolerability issues associated with alternative treatments. Arcutis' submission is supported by positive data from Arcutis' pivotal Phase 3 program. The DERMIS 1 and DERMIS 2 were identical Phase 3 randomized, parallel, double-blind, vehicle-controlled, multi-national, multi-center studies to evaluate the safety and efficacy of roflumilast cream 0.3%. Roflumilast met its primary endpoint and had an 'IGA Success' rate of 42.4% compared to a vehicle rate of 6.1%, and 37.5% compared to a vehicle rate of 6.9%, in DERMIS 1 and 2 respectively. Roflumilast cream 0.3% also demonstrated statistically significant improvements over vehicle on key secondary endpoints, including on Intertriginous IGA Success, Psoriasis Area Severity Index-75, reductions in itch as measured by the Worst Itch-Numerical Rating Scale, and patient perceptions of symptoms as measured by the Psoriasis Symptoms Diary. In trials, roflumilast cream was generally well-tolerated with a favorable safety and tolerability profile.
KLR

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08:09 EDT Kaleyra appoints Mauro Carobene as chief business officer - Kaleyra announced that Mauro Carobene has joined as the company's new chief business officer, effective immediately. In this role, Carobene will be focused on the global expansion of the company's new and existing business initiatives, including their presence in the banking, financial services, and insurance, technology, healthcare, commerce, logistics and travel sectors. Prior to this role, Carobene spent the last three years as the chief revenue officer of the Swedish company DigitalRoute, where he was in charge of software solution sales and delivery around the globe.
CURLF

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08:09 EDT Curaleaf completes the acquisition of Los Suenos - Curaleaf has successfully completed the previously announced acquisition of Los Suenos Farms and its related entities, the largest outdoor grow in Colorado. Boris Jordan, Executive Chairman of Curaleaf, stated, "We're very excited about the closing of the Los Suenos acquisition. The vertical integration of our business in Colorado significantly strengthens Curaleaf's market presence in the second largest state cannabis market in the U.S. This deal provides Curaleaf with a high-quality, efficient, and low-cost supply of biomass to support our wholesale and retail customers in Colorado and, once interstate commerce is allowed, on a regional scale. Overall, our newly expanded cultivation capacity will allow us to better serve Colorado's $2.2B annual cannabis market opportunity." Following the successful completion of the Los Suenos acquisition, Curaleaf gains three Pueblo, Colorado outdoor cannabis grow facilities covering 66 acres of cultivation capacity including land, equipment and licensed operating entities; an 1,800 plant indoor grow; and two retail cannabis dispensary locations serving adult use customers. As the largest cannabis biomass producer in the state, the Los Suenos facilities will help fuel the Company's Select brand's already market-leading presence in Colorado with a variety of best-in-class cannabis products distributed to nearly 2,000 locations across 18 states. Bob DeGabrielle, Los Suenos founder and Colorado cannabis industry expert, will continue to oversee the Los Suenos operation and will take responsibility for Curaleaf's Colorado wholesale and retail businesses.
MGTA

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08:08 EDT Magenta Therapeutics appoints Jeffrey Humphrey, M.D. as CMO - Magenta Therapeutics announced the appointment of Jeffrey Humphrey, M.D., as the company's Chief Medical Officer where he will be responsible for all clinical development and regulatory initiatives. Dr. Humphrey is a medical oncologist with significant leadership experience in drug development and has been involved with the development of more than 20 drug candidates, including regulatory submissions leading to multiple drug approvals in the United States and Europe. "As Magenta continues to advance our clinical and pre-clinical programs, Jeff's physician-scientist background coupled with his broad team-building and innovative clinical-regulatory experience are a welcome addition to the Magenta team," said Jason Gardner, D.Phil., Chief Executive Officer and President, Magenta Therapeutics.
CTMX

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08:08 EDT CytomX Therapeutics appoints Alan Ashworth to board of directors - CytomX Therapeutics announced the appointment of Alan Ashworth to the company's board of directors. Dr. Ashworth is president, University of California, San Francisco Helen Diller Family Comprehensive Cancer Center; senior vice president for cancer services, UCSF Health; a professor of medicine, division of hematology/oncology, department of medicine; and E. Dixon Heise Distinguished Professor in Oncology. Previously, he was chief executive officer of the Institute of Cancer Research and director of the Breakthrough Breast Cancer Center in London, U.K.
ROAD

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08:08 EDT Construction Partners completes King Asphalt acquisition - Construction Partners announced that it has acquired King Asphalt, a full-service hot-mix asphalt and paving company headquartered in Liberty, South Carolina. With three hot-mix asphalt plants in the Greenville, South Carolina metro area, King provides asphalt contracting services for a variety of public, commercial and residential projects. Fred Smith, III, the company's President and Chief Executive Officer, said, "We are pleased to welcome King Asphalt to the Construction Partners family of companies. Under the continuing leadership of Mike Crenshaw and his talented team, we believe King is well-positioned to participate in the dynamic economy and rapid growth occurring in the Upstate region of South Carolina. While we have worked in South Carolina for many years, we are excited to now have a platform company with three hot-mix asphalt plants, skilled crews and an experienced management team to lead future expansion in the state."
EGLE

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08:07 EDT Eagle Bulk Shipping announces dividend policy, share repurchase program - Eagle Bulk Shipping announced that the Company has instituted a dividend policy and a USD 50 million share repurchase program in conjunction with the closing of a USD 400 million comprehensive refinancing. Under the dividend policy, the Board of Directors intends to authorize the payment of quarterly cash dividends equal to a minimum of 30% of net income, but not less than $0.10 per share. The first dividend is scheduled to be based on the Company's Q3 2021 financial results, with payment in November. Purchases under the share repurchase program will be at the Company's discretion. The Refinancing, which closed on October 1, 2021, has significantly improved the Company's capital structure and increased financial flexibility, resulting in a reduction of approximately USD 8 million in annual interest expense, as well as an extension of the nearest bank debt maturity to the end of 2026. The new USD 400 million senior secured credit facility is comprised of a USD 300 million term loan and a USD 100 million revolving credit facility which will both be secured by 49 vessels. The Facility bears an interest rate of LIBOR plus a margin of between 2.10% and 2.80%, depending on leverage and meeting certain sustainability-linked criteria, including alignment of fleetwide carbon intensity with a decarbonization trajectory consistent with IMO targets. Proceeds from the Facility were used to repay all amounts outstanding under three existing facilities: Eagle Bulk Holdco LLC Revolving Credit Facility, Eagle Bulk Shipco LLC Senior Secured Bonds and Eagle Bulk Ultraco LLC Credit Facility. Following the Refinancing, USD 50 million remains available under the new revolving credit facility and four of the Company's vessels are outside of the Facility's collateral package and are unencumbered.
CSVI

Hot Stocks

08:07 EDT Computer Services increases share repurchase authorization by $10M - Computer Services announced that its board of directors authorized a $10M increase in the company's share repurchase program. The $10M increase in the share repurchase program brings the total to $130M since CSI's share repurchase program was initially announced in March 2004. CSI has repurchased approximately $118.2M of the company's shares as of the close of its second fiscal quarter, ended August 31. The company had approximately $1.8M remaining under existing stock purchase authorizations as of August 31. The share repurchase program may be carried out through open market purchases, block trades and in negotiated private transactions.
HUBS...

Hot Stocks

08:06 EDT HubSpot appoints Stephanie Cuthbertson as Chief Product Officer - HubSpot (HUBS) announced that Stephanie Cuthbertson will be joining the Executive Leadership Team as Chief Product Officer, effective October 4th, 2021. Cuthbertson joins HubSpot from Google (GOOG;GOOGL) where she spent eight years leading product management, design, and UX in Google Ads and Android. As HubSpot's Chief Product Officer, Cuthbertson will lead the product management, product design, and UX research organizations in close partnership with the engineering team.
SLGN

Hot Stocks

08:06 EDT Silgan buys Easytech Closures for $36.5M, sees 'slight' FY21 accretion - Silgan Holdings announced that it has acquired Easytech Closures . This business manufactures and sells easy-open and sanitary metal ends used with metal containers primarily for food applications in Europe. It operates a manufacturing facility in Fisciano, Italy and is projected to generate approximately EUR 38M, or approximately $45M, in sales and approximately EUR 6.6M, or approximately $7.8M in adjusted EBITDA in 2021. "Easytech is a leading manufacturer of a broad portfolio of metal ends, including easy-open metal ends, in the European market. We have had an excellent long-standing business relationship with Easytech and have great respect for its owners and management team. We are excited to now welcome Easytech to the Silgan team," said Adam Greenlee, President and CEO. "This acquisition will allow our combined businesses to more effectively and efficiently utilize existing capacity for metal ends, reduce capital investment in the near term and accelerate completion of an on-going cost reduction program. Our acquisition of Easytech is yet another example of our strategy to build shareholder value through a disciplined capital allocation model. We now look forward to the successful integration of our three recent acquisitions," concluded Mr. Greenlee. The purchase price for this acquisition was EUR 31.5M or $36.5M, subject to customary adjustments including for net debt and working capital. With this acquisition, Silgan expects to realize annual synergies as a result of this acquisition of approximately EUR 4.1M, or approximately $4.9M within 12 months primarily through procurement savings and increased capacity utilization. Silgan funded the purchase price for this acquisition with revolving loan borrowings under its senior secured credit facility. This acquisition is expected to be slightly accretive to the Company's earnings in 2021, excluding the impact of required purchase accounting adjustments, with additional accretion expected in 2022.
ZSAN

Hot Stocks

08:05 EDT Zosano Pharma granted Type C Meeting with FDA regarding M207 NDA - Zosano Pharma announced the company has been granted a Type C written response only meeting with the U.S. Food and Drug Administration regarding the resubmission of the M207 505(b)(2) New Drug Application following receipt of preliminary top-line results from the pharmacokinetic study. The PK study included 48 healthy volunteers and evaluated approximately 2,500 samples utilizing lots of M207 produced with two different pieces of manufacturing equipment. The study was designed to evaluate safety and the pharmacokinetics of drug exposure levels compared to an intranasal control formulation of two 5 mg doses of zolmitriptan. The safety assessment showed that M207 was generally well tolerated, consistent with previous studies. The preliminary data from the PK analysis showed that there were no outliers with unexpected high plasma concentrations of zolmitriptan, which was a focus of the FDA, as identified in the Complete Response Letter for the original M207 NDA. Drug plasma concentration levels from M207 produced with equipment A were within range and comparable to the intranasal control. Drug plasma concentration levels of M207 produced with equipment B were lower compared to control and to M207 produced by equipment A, but within ranges consistent with approved therapeutic dose levels of zolmitriptan. The FDA had also raised questions regarding differences in zolmitriptan exposures observed between subjects receiving different lots of M207 in the company's clinical trials. Unless and until the company resubmits an NDA and potentially receives FDA approval, the company is unable to estimate a timeframe for product launch or revenues for 2022, if any, or beyond.
ATCO

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08:05 EDT Atlas' Seaspan announces delivery of first of five 12,200 TEU containerships - Seaspan, a wholly owned subsidiary of Atlas, announced that it has accepted delivery of one 12,200 TEU containership, which will immediately begin an 18-year charter with a major liner customer. This vessel is the first of five newbuild containerships in this class. Bing Chen, Chairman, President and CEO of Seaspan, commented, "This delivery marks a major milestone in Seaspan's continuing quality growth and unmatched ability to best serve our customers. About two months ahead of the scheduled delivery during a global pandemic is testament to how Seaspan creates value for our customers in a current vessel shortage market. I'm proud of our team's supreme execution working with the logistical restrictions and our shipyard's prioritizing of their limited resources to facilitate early delivery of this best-in-class vessel. This further demonstrates the capabilities of our fully integrated platform and resilient business model within the global logistics market."
APR

Hot Stocks

08:04 EDT Apria appoints Christopher Lee as CAO - Apria announced the appointment of Christopher Lee as Chief Accounting Officer, a newly created position. Mr. Lee will report to Debra Morris, Apria's CFO. He joined Apria in February 2009 and has risen internally to his most recent role as Senior Vice President, Accounting and Finance. Mr. Lee will oversee all aspects of Apria's accounting function, including financial reporting, controls and operations. He will also continue to lead the development, implementation and management of enterprise-wide practices, systems and internal controls.
KEX DRQ

Hot Stocks

08:03 EDT Kirby appoints Raj Kumar as EVP, CFO - Kirby Corporation announced that Raj Kumar will be joining Kirby Corporation as Executive Vice President and CFO in November 2021. Mr. Kumar will succeed Bill Harvey, who previously announced his intention to retire. Mr. Harvey will stay on until his retirement date in early 2022 as Executive Vice President, to ensure an orderly transition. Kumar, 48, is currently at Dril-Quip (DRQ), a global oil field equipment manufacturer, where he is Vice President and CFO.
AMRC

Hot Stocks

07:51 EDT Ameresco teams with Wells County, Indiana on jail facility renovation - Ameresco announced its partnership with Wells County, Indiana on a comprehensive jail facility renovation and modernization project. Ameresco's selection as project partner follows a competitive bidding process and the rollout of a comprehensive audit of Wells County's jail facility. The audit highlighted several improvement areas for the county jail, including needed upgrades to its mechanical, electrical and plumbing infrastructure, as well as a solution to the facility's inmate containment issues. To address these issues, Ameresco will replace the jail's existing HVAC units, update its lighting with LED retrofits both inside and outside, redesign its parking lot, upgrade its controls system and remodel and build a new facility addition. Implemented improvements will enhance occupant and correctional staff safety while also saving the facility $560,000 annually. The renovations will also allow the facility to double its intake area to effectively contain inmates who may have infectious diseases, creating a safer environment for all who occupy and work at the facility. "The jail is now 35 years old and some of the original HVAC equipment is in need of replacement. In addition, the jail operations needs have changed as we now house Level 6 inmates who may require mental health and substance abuse counseling as well as other educational programs," said Wells County Sheriff Scott Holliday. "We need to adapt to these requirements, make changes to address the Covid-19 pandemic concerns and create a safe working environment for our corrections staff." Project construction will begin in October 2021 and is expected to reach completion by October of 2022.
ARTH

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07:51 EDT Arch Therapeutics launches coverage, reimbursement plan - Arch Therapeutics announced the launch of its coverage and reimbursement pilot in collaboration with The Reimbursement Group for the Company's AC5 Advanced Wound System. TRG provides strategic and tactical advisory services to help manufacturers of cutting-edge healthcare technologies, such as Arch, expedite the coverage and payor education process from initial product launch to wide-spread adoption. The Pilot is expected to enroll a significant number of patients and follow their treatment, progress, and outcomes over approximately the next six months with the primary purpose of establishing initial coverage standards with the Centers for Medicare & Medicaid Services and numerous private payors on a national scale. The Pilot is expected to complement the Company's ongoing efforts with the American Medical Association to develop unique CPT codes for AC5 Advanced Wound System.
HERTF

Hot Stocks

07:50 EDT Heritage Cannabis enters medical cannabis supply agreements - Heritage Cannabis announced its subsidiary Opticann has signed two supply agreements with two well established Australian companies for the supply of medical cannabis products. The first shipment of medical cannabis CBD/CBDA filmstrips totaling $60,000 was recently completed.
PSN

Hot Stocks

07:47 EDT Parsons appoints Peter Torrellas president, connected communities business unit - Parsons Corporation has named Peter Torrellas president of the connected communities business unit, effective immediately. He will be based in Centreville, Va., serve as a member of the company's Executive Leadership Team, and report to Carey Smith, president and chief executive officer of Parsons. He most recently served as managing partner and vice president of the Digital Cities and Infrastructure Practice at Siemens Advanta, the digital transformation consultancy and professional services arm of Siemens AG.
MITO HRZN

Hot Stocks

07:47 EDT Stealth Biotherapeutics completes a $25M debt financing with Horizon Technology - Stealth BioTherapeutics (MITO) announced completion of a $25M long-term debt facility led by Horizon Technology Finance (HRZN). Stealth has drawn down $15M under the facility with an additional $10M available upon achievement of a predetermined milestone. "We are pleased to partner with Horizon to address our funding needs in a manner that balances our near-term capital requirements with our sensitivity to shareholder dilution," said Reenie McCarthy, CEO. "This transaction strengthens and extends our financial resources as we plan to initiate several new clinical trials in the coming months, progress our commercial planning for Barth syndrome, for which we have recently submitted an NDA that is subject to FDA review, and prepare for Phase 2 data readout in extra-foveal geographic atrophy associated with dry AMD." Fifteen million dollars of the $25M facility was funded upon closing and $5.7M of which was utilized to payoff Stealth's existing term loan with Hercules Capital. The additional $10M available under the facility may be funded upon Stealth achieving a predetermined milestone. Each advance under the debt facility will be repaid in 48 monthly payments consisting of 18 monthly payments of interest only, followed by 30 monthly payments of principal and accrued interest, and will be payable monthly in arrears. The interest-only period may be extended to 24 months contingent upon Stealth achieving certain milestones, followed by 24 monthly payments of principal and accrued interest. In connection with the financing, Stealth issued Horizon warrants to purchase up to 13,636,364 ordinary shares at an exercise price of 11c per share. Proceeds from the facility will be used to support the ongoing clinical development of key investigational product candidates within Stealth's pipeline and for general working capital purposes.
ZLAB NVCR

Hot Stocks

07:46 EDT Zai Lab, Novocure enroll last patient in phase 2 pilot trial of TTFields - Zai Lab (ZLAB) and Novocure (NVCR) announced that the final patient has been enrolled in a Novocure-sponsored phase 2 pilot trial conducted by Zai Lab evaluating the safety and efficacy of Tumor Treating Fields in combination with chemotherapy as a first-line treatment in patients with gastric adenocarcinoma. Final data collection is expected in the first half of 2022. The phase 2 pilot gastric cancer trial of TTFields has enrolled approximately 30 patients in Greater China. The single-arm, open-label, multi-center study is investigating the safety and efficacy of TTFields in combination with chemotherapy as the first-line treatment of unresectable gastric adenocarcinoma, or gastroesophageal junction adenocarcinoma. In the study, patients receive TTFields and XELOX chemotherapy until disease progression. The primary endpoint is investigator-assessed objective response rate. The protocol is designed to include 25 evaluable patients who receive at least one tumor assessment.
ANPC

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07:45 EDT AnPac Bio announces results from general population cancer risk study - AnPac Bio-Medical Science announced it has achieved a significant milestone and positive result in its general population cancer risk assessment tests and subsequent follow-up study on enrolled individuals whom obtained further check-ups and diagnosis at healthcare providers using their cancer and disease diagnostic tools. As of September 30, 2021, healthcare providers have confirmed 2,067 cancer, pre-cancer, and disease cases, which includes 22 identified types of cancer, 25 identified types of pre-cancer, and multiple other related diseases. An initial analysis showed that confirmed cases are strongly correlated to CDA test score, confirming that the CDA test is an effective method to initially screen the population for risks associated with cancer. AnPac Bio's follow-up study involved enrolling high, medium, and low risk groups of individuals based on their CDA test scores following CDA testing of a large, asymptomatic population, recommending enrolled individuals to obtain follow-up check-ups at healthcare providers, following up with enrolled individuals via phone interviews, and analyzing interview results and data. As of September 30, 2021, 14,806 individuals in the high, medium and low risk groups were contacted and interviewed, and 2,067 individuals were confirmed as cancer, pre-cancer or other disease patients. Based on an initial analysis of the most recent follow-up data and results, CDA technology is an effective initial screening tool for asymptomatic general population for multiple cancer types, pre-cancer types and other related diseases. The confirmed cancer and pre-cancer cases detected 22 types of cancer and 25 types of pre-cancer, including esophageal cancer and thyroid cancers that currently lack effective biomarkers for early screening and detection. The data demonstrates that CDA technology is also very effective in finding pre-cancer diseases as confirmed pre-cancer cases are much higher than those of confirmed cancer cases, which is very attractive and meaningful for cancer prevention. However, the confirmed cases are highly likely to be under-reported because only cases from individuals that we were able to successfully contact are recorded, some enrolled subjects did not give full final diagnosis results when contacted, and as an on-going follow-up study, more confirmed cases will likely be developed and recorded over time. Developing a viable pre-cancer and early-stage cancer screening technology is critical to detect cancer early and to save patient lives. However, its development and progress has been relatively slow, despite decades of heavy investments and efforts by leading scientists and research groups. One of the key factors has been the lack of leading detection experts to develop sensitive technologies for low level signal collection and processing. AnPac Bio has built a unique team of physicists, and experts with extensive experience from semiconductor and AI-based computational analysis to build the unique CDA technology platform. Over the past 12 years, AnPac Bio's team has innovated and developed biophysics-based detection technology, in which biophysical properties of blood are detected and analyzed for early-stage cancer screening and detection. The Company has been a staunch champion of the concept of multi-cancer detection through developing its CDA technology. The measurement of biophysical properties for cancer detection can detect multiple cancer types earlier, more cost effectively, with higher sensitivity and specificity, and through relatively simple sample requirements and test procedures. These features make AnPac Bio's CDA technology perfectly suited for screening general population for cancer affordably.
HUT

Hot Stocks

07:44 EDT Hut 8 Mining provides production update for September - Hut 8 Mining provides the following corporate update. Mining Production Highlights for September 2021: 264 Bitcoin were mined, resulting in an average production rate of 9.11 Bitcoin per day; 100% of the self-mined Bitcoin for the month of September were deposited into custody; and total Bitcoin balance held in reserve is 4724 as of September 30, 2021. Mining Equipment Deployment Update for September 2021: received and installed 600 servers consisting of 2400 NVIDIA cryptocurrency mining processors graphics processing unit, resulting in a daily earning of 7.10 ETH, equivalent to 0.5 BTC/day totaling $25,000 CAD in income per day; deployment of NVIDIA CMPGPUs has progressed over the past 30 days, and approximately 25% of our total server fleet is deployed and earning; and to date, Hut 8 has earned $265,000 CAD from the CMP deployment. "Our current capacity of deployed CMP GPU miners will continue to earn $25,000 CAD per day, ramping up to the full capacity earnings over this period, which is expected to be at $110,000 CAD per day, based upon current mining economics," said Jason Zaluski, Chief Technology Officer, Hut 8 Mining. "Hut 8's full CMP deployment has been hampered by the supply chain constraints and manufacturing shortages many industries are experiencing globally. We continue to work with our technology partners and we anticipate this issue to be resolved early in Q4."
INZY

Hot Stocks

07:43 EDT Inozyme presents data from ENPP1 Deficiency Development Program - Inozyme Pharma announced the presentation of data from the Company's ENPP1 Deficiency Natural History Study and its gene therapy program for the treatment of ENPP1 Deficiency. The data were presented at the American Society for Bone and Mineral Research 2021 Annual Meeting held October 1-4. ENPP1 Deficiency is a progressive condition that manifests as a spectrum of disease. Those who present in utero or infancy are typically diagnosed with generalized arterial calcification of infancy, which is characterized by extensive vascular calcification and neointimal proliferation, resulting in myocardial infarction or cardiac or multiorgan failure. The condition is lethal in an estimated 50% of affected babies. Children and adults with ENPP1 Deficiency typically experience rickets and osteomalacia, also termed autosomal-recessive hypophosphatemic rickets type 2, and can exhibit a range of signs and symptoms that can include hearing loss, arterial calcification, cardiac, and neurological involvement. There are no approved treatments for ENPP1 Deficiency. Title: ENPP1-Deficient Patients Present With Both Skeletal Complications and Ectopic Calcification: This cross-sectional, retrospective study assessed data from 74 patients with confirmed ENPP1 variants. A total of 46% of patients demonstrated skeletal disease, with an estimated 90% of all patients expected to develop skeletal complications by 25 years. Cardiac disease was reported in 58% of patients with skeletal complications, as well as high rates of calcification of the aorta and other arteries. GACI was not reported in 25% of patients with skeletal complications; however, some of these individuals reported arterial calcification or cardiac complications. Thirty patients received conventional therapy with calcitriol and phosphate. Young ENPP1-deficient patients are at risk for skeletal complications over a broad age spectrum, warranting continued monitoring well into adolescence. As skeletal manifestations have a similar phenotype to other forms of FGF23-mediated hypophosphatemia, a history of calcification or cardiovascular disease should trigger consideration of ENPP1 Deficiency as the etiology. These data highlight implications for the appropriate diagnosis and treatment of patients with ENPP1 Deficiency. Title: Treatment with an AAV vector expressing ENPP1-Fc prevents ectopic tissue calcification and restores bone parameters in Enpp1-deficient mice. This dose-response study assessed the pharmacological effects of AAV-ENPP1-Fc, an adeno-associated virus vector expressing a modified human ENPP1-Fc under a tissue-specific promoter, when administered to murine mouse models of ENPP1 Deficiency. Clinically relevant endpoints, including plasma PPi levels, tissue calcium content assessed by a colorimetric assay, and bone parameters, were measured after 10 weeks. At 12 weeks of age, vehicle-treated mutant mice showed profound defects in long bones, including lower trabecular number and thickness and thinner cortical bone in femora, and clear signs of rickets in the growth plate. One single intravenous injection of AAV-ENPP1-Fc resulted in a robust and durable increase in plasma ENPP1 activity for the duration of the study. AAV-ENPP1-Fc administration also led to a dose-dependent increase in plasma PPi levels and prevention of soft tissue calcification. Treatment at high dose prevented pathological calcification in all the tested organs and restored bone parameters. Findings demonstrate the potential of AAV-ENPP1-Fc gene therapy to treat ENPP1 Deficiency.
MDWD

Hot Stocks

07:42 EDT MediWound announces publication on EscharEx comparator study - MediWound announced a peer-reviewed publication in the Journal of Wound Care of an in vivo head-to-head study comparing EscharEx and a commercial enzymatic debridement agent in the removal of chronic wound eschar. The study concluded that EscharEx was more effective than the commercially available collagenase in removing the eschar in this wound model. The paper, entitled Development of a porcine chronic wound model: Evaluation of a bromelain-based enzymatic debriding agent, describes the development of a novel porcine eschar model and compares the debridement efficacy of various concentrations of EscharEx, a novel bromelain-based enzymatic debridement agent, with commercially available collagenase-based debridement agent. Study results demonstrated that EscharEx treatment was more effective than the commercially available collagenase agent in debriding eschars in this novel porcine wound model. The study was conducted in collaboration with investigators from the Renaissance School of Medicine at Stony Brook University, Stony Brook, NY, using a novel porcine wound model designed to evaluate the efficacy of enzymatic debridement agents. The primary objective of the study was to assess the debridement efficacy of various concentrations of EscharEx, a novel bromelain-based enzymatic agent, and to compare it with a commercially available collagenase debridement agent. Efficacy was evaluated based on the number of treatments of various concentrations of EscharEx and the collagenase agent necessary to achieve complete eschar removal. Key findings from the study included: In all wounds treated with EscharEx and at all concentrations, the wound eschar was completely removed within a maximum of ten 24-hour applications. A trend towards dose-dependency was observed in the time to complete debridement. None of the wounds treated with collagenase achieved greater than95% wound eschar removal after ten applications, the maximum number of applications needed to achieve complete debridement with EscharEx. Pairwise comparisons between wounds treated with collagenase and each of the concentrations of EscharEx demonstrated significantly fewer applications required to achieve complete eschar removal with EscharEx. Analysis of variance comparing mean number of applications required to achieve complete eschar removal also showed significant differences in means in favor of EscharEx. Pairwise comparisons between wounds treated with collagenase and each of the concentrations of EscharEx demonstrated significantly higher percentage of complete eschar removal with the EscharEx at all time points.
NVCR ZLAB

Hot Stocks

07:40 EDT Novocure, Zai Lab say last patient enrolled in China TTFields combo study - Novocure (NVCR) and Zai Lab Limited (ZLAB) announced that the final patient has been enrolled in a Novocure-sponsored phase 2 pilot trial conducted by Zai Lab evaluating the safety and efficacy of Tumor Treating Fields TTFields in combination with chemotherapy as a first-line treatment in patients with gastric adenocarcinoma. Final data collection is expected in the first half of 2022. "The execution of this phase 2 pilot trial in gastric cancer reflects our commitment to bringing Tumor Treating Fields to as many patients as possible in Greater China," said Alan Sandler, M.D., President and Head of Global Development, Oncology at Zai Lab. "Gastric cancer is the third most common cancer in China in incidence and mortality and a significant unmet medical need. Late diagnosis contributes to poor prognosis in advanced gastric cancer patients. This trial, conducted entirely in China, showcases Zai's capabilities as we partner with Novocure to expand treatment options for gastric cancer patients in China." "We believe that Tumor Treating Fields' mechanism of action is broadly applicable to treat solid tumor cancers," said Asaf Danziger, Novocure's Chief Executive Officer. "We look forward to seeing results from this phase 2 pilot trial with our partner, Zai Lab, and to further exploring the potential of Tumor Treating Fields as a treatment for gastric cancer."
ONEW

Hot Stocks

07:40 EDT OneWater Marine completes acquisition of Naples Boat Mart - OneWater Marine announced that it has completed the previously announced acquisition of Naples Boat Mart. The acquisition enhances the Company's presence on the West Coast of Florida and expands new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings.
ADMP

Hot Stocks

07:40 EDT Adamis Pharmaceuticals appoints Meera Desai to board of directors - Adamis Pharmaceuticals announced the appointment of Meera Desai, Ph.D., as a new director and member of the company's board of directors. Dr. Desai replaces Roshawn Blunt, who retired from the Board effective October 1, 2021. Dr. Desai is the founder and managing partner of Silicon Valley-based Karana Biotech, a boutique advisory firm focused on guiding pharmaceutical and biotech clients through complex international licensing, commercialization, and other strategic transactions.
MNSO

Hot Stocks

07:39 EDT Miniso opens new flagship store UAE - MINISO has opened its new flagship store in United Arab Emirates, UAE, on Sept 24. Located in Dubai Mall, the store is 387 square meters and is the fifth MINISO's new store since the pandemic began in 2020. So far, MINISO has opened 25 stores in UAE and five stores in Oman.
MNSO

Hot Stocks

07:37 EDT Miniso expands footprint in India with seven new stores - MINISO has opened seven new stores within September in India, taking the total number of stores to more than 150. The newly opened stores are located in Kolkata, Vellore, New Delhi, Pasighat, Gandhidham, and Sikar. "We see a huge potential of the Indian market and remain committed to establishing ourselves as one of the top lifestyle brands in this dynamic country," said Li Lin, General Manager of MINISO India. "Our expansion has been possible due to our swift action in response to the pandemic and our approach of combining offline and online retailing that has given our partners confidence in the MINISO brand in India. Despite the price of imported products in India increasing, we have managed to avoid price fluctuation by optimizing our online channels and expand our procurement and product lines. Following these changes, we look forward to continuing to surprise and delight our customers in our new stores."
NFYEF

Hot Stocks

07:37 EDT NFI Group receives order from GET bus for five additional buses - NFI Group announced that its subsidiary New Flyer of America has received an order from the Golden Empire Transit District for five forty-foot fuel cell-electric Xcelsior CHARGE H2 heavy-duty transit buses, purchased off of the California Department of General Services contract. It follows a prior GET bus purchase of five forty-foot fuel cell-electric Xcelsior CHARGE H2 buses. New Flyer was selected by CDGS as an approved supplier of electric vehicles in 2019. The CDGS contract simplifies potential future bus procurement for California local government agencies for up to five years. Both orders were supported by Federal Transit Administration and state funds.
WTTR

Hot Stocks

07:36 EDT Select Energy Services closes acquisition of Agua Libre Midstream - Select Energy Services announced that, effective October 1, 2021, it has successfully closed on the acquisition of substantially all of the assets of Agua Libre Midstream and certain water-related assets and operations of Basic Energy Services and assumed liabilities in connection therewith, in each case pursuant to the terms of the stalking horse asset purchase agreement previously entered into with Basic and Agua Libre and following approval by the U.S. Bankruptcy Court for the Southern District of Texas on September 23, 2021 pursuant to Section 363 of the U.S. Bankruptcy Code. As consideration for the acquisition, Select has issued 902,593 shares of Class A common stock and paid $14.5M in cash to Basic to close the transaction, subject to standard post-closing adjustments. John Schmitz, Chairman, President and CEO, stated, "This acquisition significantly expands our produced water infrastructure footprint and further increases the Company's revenue weighting towards production-related services and solutions. This acquisition is a continuation of our strategic effort to improve and bolster our base business, advance our technology and diversification efforts, and execute on strategic consolidation opportunities. With this transaction, we will be adding more than 550,000 barrels per day of permitted daily disposal capacity in in Texas, New Mexico, Oklahoma and North Dakota, with approximately 50% of this capacity in the Permian Basin. When combined with our existing assets, this brings our company-wide permitted daily disposal capacity to approximately 2 million barrels per day... As we all know, water is vital to the health, economic, and social well-being of the communities we all live in and work in and our goal is to develop sustainable water solutions with a shared commitment to conservation. In fact, we believe that sustainable water and chemical solutions are critical to the ongoing energy transition and Select will play an important role in the advancement of solutions that are designed to meet the sustainability goals of, not only our customers, but all stakeholders. We believe the Agua Libre asset base provides a significant opportunity to continue to develop and advance these objectives," concluded Schmitz.
OPGN

Hot Stocks

07:36 EDT OpGen receives FDA clearance for Acuitas AMR Gene Panel - OpGen announced today that it has received 510(k) clearance by the U.S. Food and Drug Administration to market the Acuitas AMR Gene Panel, and is finalizing preparations for its swift commercial launch in the U.S. The Acuitas AMR Gene Panel detects 28 genetic antimicrobial resistance markers in isolated bacterial colonies from 26 different pathogens. We believe the panel provides clinicians with a valuable diagnostic tool that informs about potential antimicrobial resistance patterns early and supports appropriate antibiotic treatment decisions in this indication. The Acuitas AMR Gene Panel expands the diagnostic capability of clinicians to rapidly and simultaneously test for select drugs in 9 classes of antibiotics, including aminoglycosides, carbapenems, cephalosporins, fluoroquinolones, penicillins, polymyxins, sulfonamides, trimethoprim, and vancomycin, to aid in the identification of potentially antimicrobial-resistant organisms that might otherwise escape detection and hence can prevent prolonged inappropriate treatment of patients. Furthermore, we believe the Acuitas AMR Gene Panel is the first FDA cleared molecular diagnostic panel that detects such a broad panel of AMR markers from isolates.
OGEN

Hot Stocks

07:35 EDT Oragenics awarded $250,000 research grant for lantibiotics - Oragenics announced that it was awarded a small business innovation research grant in the amount of $250,000 for the company's continued research and development of lantibiotics, including its collaborative program with the Biomolecular Sciences Institute at Florida International University, or FIU. The grant provides Oragenics with funding to develop novel lantibiotics for the treatment of ESKAPE pathogens.
MET

Hot Stocks

07:34 EDT MetLife in share repurchase pact with IGE, Elpro for PNB MetLife India stake - MetLife International Holdings, has entered into a share purchase agreement with IGE Private Limited and Elpro International Limited to acquire their total combined shareholding of 15.27% in PNB MetLife India Insurance Company Limited . The transaction is subject to all necessary regulatory approvals. The Dabriwala family, through their companies, IGE and Elpro, is one of the initial investors in PNB MetLife, a leading life insurance franchise in India with access to more than 200 million customers across 15,000 sales locations nationwide. Upon completion of the transaction, MetLife's stake in PNB MetLife will increase to 47.325%. "MetLife's joint-venture in India has all of the hallmarks we look for in deploying capital to create long term shareholder value: a track record of consistent execution, an extensive distribution network, strong growth and an advantaged position in one of the world's most attractive life insurance markets," said Kishore Ponnavolu, Regional President, MetLife Asia. "I am pleased that this transaction supports MetLife's continued growth in India and will enable us to deliver even more value for our customers, partners and shareholders. The Dabriwala family has been a strong supporter of PNB MetLife and valued members of its board, and we thank them for their contribution to the company."
PCRX

Hot Stocks

07:34 EDT Pacira notified of ANDA filing for EXPAREL generic - Pacira BioSciences has received a Paragraph IV Certification Notice Letter advising that eVenus Pharmaceutical Laboratories, Inc. of Princeton, New Jersey, submitted an Abbreviated New Drug Application to the U.S. Food and Drug Administration seeking authorization for the manufacturing and marketing of a generic version of EXPAREL in the United States. In the Notice Letter, eVenus alleges that the claims of an FDA Orange Book-listed patent are invalid, unenforceable and/or will not be infringed by eVenus's manufacture, use, or sale of the product described in eVenus's ANDA submission. The '495 patent marks the first deliverable from the company's comprehensive patent strategy. This Paragraph IV challenge does not account for several additional patents that are forthcoming that include three allowed patents, two of which Pacira will file for Orange Book listing, and additional patents pending. These new patents will establish multiple layers of patent protection and extend the company's proprietary position for EXPAREL into the 2040s. In February 2018, the FDA published rigorous criteria for proving bioequivalence to multivesicular liposomal bupivacaine. Matching comparative characteristics must be conducted on at least three batches of an ANDA product with at least one batch manufactured at commercial scale and include liposome composition, internal aqueous environment of the liposome, and in vitro drug release rates. Pacira is currently assessing the Notice Letter and has 45 days from the date of receipt to commence a patent infringement lawsuit against eVenus. Pacira intends to vigorously defend its intellectual property rights relating to EXPAREL.
MDLZ PUBGY

Hot Stocks

07:34 EDT Mondelez, Publicis, Digitas partner with AI startup D-ID - Mondelez International (MDLZ), Publicas (PUBGY), and Digitas Vietnam have partnered with Artificial Intelligence, or AI, startup D-ID to "transform food marketing into an interactive, user-driven experience," the company said. The partnership launched in Vietnam, where Mondelez's mooncake brand, Kinh Do, started a campaign for the Mid-Autumn Moon Festival. In this collaboration, D-ID has unveiled its latest technology: Group Stitchback, the capability to automatically stitch multiple animated faces back into an image that has been brought to life. "The Kinh Do brand has been synonymous with celebrating the Mid Autumn festival in Vietnam for over 20 years. This year - more than ever given the current pandemic - celebrating the season with loved ones is vital in upholding the stories of cherished moments in years gone by. Mondelez is proud to uphold those values by enabling consumers to revisit, personalize and share those cherished memories. We are thrilled to be working with D-ID on this extraordinary campaign, and look forward to future collaborations," said Simon Crowther, Vietnam Marketing Director at Mondelez.
ATRA

Hot Stocks

07:33 EDT Atara Biotherapeutics to receive $45M in tabelecleucel deal with Pierre Fabre - Atara Biotherapeutics and Pierre Fabre announced an exclusive commercialization agreement for tabelecleucel in Europe, Middle East, Africa, and other select emerging markets for Epstein-Barr virus, or EBV-positive cancers. Atara will retain full rights to tab-cel in other major markets, including North America, Asia Pacific, and Latin America. Under the terms of the agreement, Atara will receive an upfront payment of $45M, and up to approximately $320M in additional regulatory and sales milestone payments, plus significant double-digit tiered royalties as a percentage of net sales. Atara will continue to be responsible for the pivotal ALLELE study in PTLD as well as submitting the EU Marketing Authorization Application, or MAA, for tabelecleucel in patients with Epstein-Barr virus positive post-transplant lymphoproliferative disease, which is on track for November. Atara will also remain responsible for the Phase 2 multi-cohort study, which is evaluating tab-cel in six additional patient populations with the goal of label expansion in EBV-driven cancers. Pierre Fabre will lead all commercialization and distribution activities in the territories, as well as medical and regulatory activities after the anticipated MAA approval in Europe. As part of the transaction, Atara will also provide manufacturing services for tab-cel to be paid by Pierre Fabre. Atara is a leader in T-cell immunotherapy, leveraging its first-in-kind allogeneic off-the-shelf EBV T-cell platform to develop transformative therapies for patients with cancer and autoimmune diseases. Tab-cel is the company's lead candidate in development for EBV-positive cancers, including EBV+ PTLD, where it is currently being investigated in adults and children in the Phase 3 ALLELE study.
CLSD BHC

Hot Stocks

07:32 EDT Clearside Biomedical announces poster presentations at Retina Society - Clearside Biomedical announced that multiple presentations were given at the Retina Society 54th Annual Scientific Meeting which took place September 29 - October 2, 2021 in Chicago, IL. Title: Comparison of Suprachoroidal and Intravitreal Injection Flow Mechanics Analyzed via Multimodal Imaging: Conclusions: This presentation compared suprachoroidal and intravitreal injections using several multimodal imaging diagnostics to demonstrate the injection flow differences between the two procedures. During an intravitreal injection, a bolus of dye was seen in the porcine vitreous cavity. In contrast, during a suprachoroidal injection, spreading of the dye was observed circumferentially and posteriorly towards the back of the eye, between the sclera and choroid. Optical coherence tomography images in humans and preclinically demonstrated a definitive expansion of the suprachoroidal space beyond the scleral spur just minutes after suprachoroidal injection. These imaging modalities showed that suprachoroidal injection resulted in three important treatment attributes: 1) targeted delivery to affected chorioretinal tissues for potential efficacy; 2) compartmentalization away from unaffected tissues for potential safety benefits; and 3) bioavailability as a result of the chorioretinal tissues essentially bathed with therapy. Title: Safety of the Suprachoroidal Injection Procedure Utilizing SCS Microinjector across Three Retinal Disorders. Conclusions: In this analysis, safety data from the day of the procedure was compiled from 626 patients in eight clinical trials across three disease states where suprachoroidal injections were performed including noninfectious uveitis, diabetic macular edema, and retinal vein occlusion. Overall, across the eight clinical trials, the safety profile of suprachoroidal injections, either as monotherapy or in conjunction with intravitreal anti-VEGF injections, is broadly comparable to that reported in registration trials involving intravitreal anti-VEGF injections alone. Title: OCT Anatomic & Temporal Biomarkers in Uveitic Macular Edema. Conclusions: There is limited information on longitudinal structure-functional correlations in uveitic macular edema. In clinical practice, physicians often base treatment decisions on best corrected visual acuity and/or Optical Coherence Tomography assessment. PEACHTREE and AZALEA were Phase 3 UME clinical trials evaluating the efficacy and safety of CLS-TA, a proprietary suspension of the corticosteroid triamcinolone acetonide formulated for suprachoroidal administration. This post hoc analysis of 198 eyes with UME evaluated clinically relevant and prognostic relationships between BCVA and OCT-assessed features of macular edema. Importantly, this analysis showed that anatomic response may precede visual response in UME among patients treated with CLS-TA. Title: Visual Function and Anatomic Outcomes Stratified by Baseline Visual Acuity in Patients Undergoing Suprachoroidal Injections for Macular Edema Associated with Noninfectious Uveitis. Conclusions: In the PEACHTREE and AZALEA clinical trials, patients received CLS-TA via suprachoroidal microinjector at baseline and week 12, and were followed for 24 weeks. For this post hoc analysis, 134 patients in the CLS-TA study arm of both trials experienced a clinically significant improvement in vision at 24 weeks, regardless of visual acuity at baseline, demonstrating the activity of suprachoroidal injection of CLS-TA for the treatment of macular edema in noninfectious uveitis. Macular thickness also improved to approximately 300 microns regardless of baseline vision. Title: Safety and Visual Function of Suprachoroidal CLS-TA versus Real World Rescue Therapies for Macular Edema associated with Noninfectious Uveitis: A Post-hoc Analysis. Conclusions: In this post hoc analysis of the PEACTHREE trial, visual function and safety outcomes of unrescued CLS-TA subjects were compared to rescued subjects in the control group. Unrescued CLS-TA subjects experienced statistically significant greater reduction in central subfield thickness and tended towards greater improvement in BCVA compared with control subjects rescued with therapies reflecting current clinical treatment. Suprachoroidally administered CLS-TA also appeared to be associated with a lower incidence of intraocular pressure-related safety findings. This post hoc analysis provides a comparison of CLS-TA to a "real world" mix of rescue treatments, and corroborates the pre-specified endpoints of the Phase 3 PEACHTREE study.
OSUR

Hot Stocks

07:30 EDT OraSure awarded $109M contract for U.S. Department of Defense for InteliSwab - OraSure Technologies announced that it has been awarded a $109 million contract from the U.S. Department of Defense, in coordination with the Department of Health and Human Services, to build additional manufacturing capacity in the United States for InteliSwab COVID-19 rapid tests as part of the nation's pandemic preparedness plan. InteliSwab is a remarkably simple test that rapidly detects active COVID-19 infection. It was granted three Emergency Use Authorizations by the Food and Drug Administration in June for professional point-of-care use, prescription home use, and over-the-counter use. The federal funding will expand OraSure's production capacity by 100 million tests annually, by March 2024. An existing OraSure location in Bethlehem, Pennsylvania, will be retrofitted to accommodate increased manufacturing and an additional new facility will be added in another U.S. location to be determined. In addition to this contract, OraSure also has internally funded expansion plans to achieve 120 million tests annually by the second quarter of 2022.
HLXA

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07:30 EDT Helix Acquisition Corp (Class A Stock) trading resumes
XENE

Hot Stocks

07:30 EDT Xenon Pharmaceuticals trading resumes
SPXC GE

Hot Stocks

07:29 EDT SPX Corporation completes sale of SPX Transformer Solutions to Prolec GE - SPX Corporation (SPXC) announced that it has completed the sale of SPX Transformer Solutions, Inc. to GE-Prolec Transformers, a subsidiary of a joint venture between GE (GE) and Xignux S.A. de C.V. The contract sale price of $645M includes assumed debt and is subject to a net working capital adjustment and other typical adjustments. SPX anticipates paying taxes on the gain from the sale during 2022.
MNKD

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07:28 EDT MannKind announces first patient enrolled in INHALE-1 study of AFREZZA - MannKind Corporation announced the enrollment of the first pediatric patient in the INHALE-1 study. The multi-center study will evaluate the efficacy and safety of Afrezza in combination with basal insulin vs. multiple daily injections of insulin in children and adolescents aged 4-17 who are living with type 1 or type 2 diabetes. INHALE-1 is a 26-week open-label, randomized clinical trial with a 26-week extension. The primary endpoint is change in HbA1c level after 26 weeks. Secondary endpoints include change in fasting plasma glucose after 26 weeks and rate of hypoglycemic events.Enrollment is underway at several sites, including AM Diabetes & Endocrinology Center in Bartlett, Tenn., where the first patient was enrolled. In all, approximately 260 patients are planned to be enrolled at more than 30 sites across the United States.
GSK PFE

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07:28 EDT ViiV submits FDA application for dispersible single tablet DTG regimen for kids - ViiV Healthcare, the global specialist HIV company majority-owned by GSK (GSK), with Pfizer (PFE) and Shionogi Limited as shareholders, has announced it has made a regulatory submission to the U.S. Food and Drug Administration for approval of a new dispersible tablet formulation of the fixed dose combination of abacavir, dolutegravir and lamivudine and, to extend its current approval for Triumeq to lower the minimum weight at which a child can be prescribed this medicine, from 40kg and above to 14kg and above. "If approved, this approval will result in further treatment options for younger children living with HIV," ViiV stated.
EMOTF

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07:27 EDT Emerita Resources receives assays for drill holes from Infanta project - Emerita Resources announces that it has received assays for five additional drill holes from the Infanta drill program at the Iberia Belt West Project. In addition to the diamond drilling, the Company has received partial results from its ongoing geophysical program that are highly encouraging. The geophysical program has been suspended until after October 20, 2021 due to hunting season in the area. Drill hole IN010 was the highlight of the current set of drill holes as it intersected 4.5 meters grading 2.4% copper, 11.2% lead, 21.1% zinc and 153.1 g/t silver and 0.54 g/t gold from 99.2 meters. Drill Hole IN013 intersected 2.2 meters grading 2.6% copper, 4.6% lead, 7.1% zinc, 196.2 g/t silver and 0.28 g/t gold from 135.6 meters which is the deepest intersection to date. Drill Hole IN009 intersected 10.5 meters grading 0.9% copper, 1.9% lead, 3.4% zinc, 55.3 g/t silver and 0.36 g/t gold from 104.2 meters. The geophysical survey is approximately 50% completed and identified significant new targets as well as demonstrating conductors associated with the known deposits persist to depths well below the existing drilling to at least 400 meters. Geological mapping and geophysical data indicate the mineralized horizon occurs within large structural blocks, bound by east-west oriented reverse faults. Importantly, this has resulted in a repetition of the mineralized horizon, and greatly expands the prospectivity for new deposits to the north of the Infanta horizon. Anomalies identified in the northern horizon are newly identified and have never been drilled. Intersection widths are expected to be approximately 90%-95% of true width. Assays were conducted at ALS Laboratories, a certified independent assay lab. Emerita has engaged the consulting firm, IGT, a specialized geophysical contractor based in Madrid, with broad international experience and a great deal of experience in the Iberian Belt in Spain and Portugal. The Geophysical survey carried out by IGT in 2013 in the vicinity of Aguas Tenidas mine was instrumental in the discovery of the Magdalena deposit, the most recent economic VMS deposit discovery in the Iberian Belt. The applied method was a combination of a gravimetry and Time Domain Electromagnetic surveys. Emerita is using the same combination of surveys that led to the successful discovery of the Magdalena deposit. The initial part of Emerita's geophysical campaign consisted of the acquisition and interpretation of the gravimetric raw data, from previous surveys carried out by the Spanish Geological Service. The gravimetric data shows two clear Bouguer anomalies separated by 800m to 1.0Km that run in parallel for about 7.0 Km in an East-West direction. The anomaly in the south is coincident with the mineralized horizon that hosts the Infanta Deposit and El Cura. The anomaly in the north has never been drilled. Both anomalies occur within the limits of the IBW exploration permit. Follow up of the gravimetric anomalies is ongoing using TEM methods, using the TURAM mode. The TEM method uses a large transmitter loop which can allow detection up to 700 - 800 meters deep. The size of the loop is 2000 meters by 1000 meters. Surveying using a mobile loop configuration is also being employed where considered more appropriated than the fix loop. The lines are setup perpendicularly to the main mineralization trend. When completed, the survey is expected to comprise 41,000 meters of fixed loop and 10,000 meters of mobile loop data. To date, 40% and 60% of the measurement with the fixed loop and the mobile loop, respectively, have been completed. The program has been temporarily suspended to accommodate the hunting season in the area. Numerous TEM anomalies over 150 Hz have been identified in the IBW project to date. From east to west, the first anomal is an 800 m long EW oriented conductor located near the eastern limit of the property and remains open to both ends. In the central area a discrete anomaly is coincident with the mineralized lenses being drilled in La Infanta. This conductor continues to the west for more than 2.0Km and the conductive plate extends beyond 400 meters depth. A third conductor is coincident with the Bouguer gravity anomaly in the north in an area that has never been drilled. Particularly intense is the anomaly detected in the western part of the IBW property, where the la Romanera deposit is located. These anomalies remain open along the east and west direction because the survey is not yet completed in this area. The area between Infanta and Romanera and to the west of Romanera are pending and will be completed after hunting season in October. The work to date is greatly improving the Company's geological understanding of the Project. A very important development is the recognition that the rocks are contained within structural blocks and that the mineralized horizon appears to have been repeated to the north of the Infanta deposit which essentially doubles the prospective stratigraphy in that area. This interpretation is supported by structural mapping and geophysical data as noted above. The orange coloured lines on Figure 2 in the center of the Project and at Romanera are planned but not yet surveyed, and will be completed following the hunting season. West of Infanta on the last line surveyed there is a one line strong conductor that appears to be the edge of the mineralized zone associate with El Cura. The small red polygon near Infanta illustrates the area where the Company is drill testing and shows that Emerita has only begun testing a very small portion of this Project.
ARAY

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07:26 EDT Accuray, C-RAD sign agreement to enhance Radixact System - C-RAD and Accuray announced they have signed an agreement designed to enhance the Accuray Radixact System's ability to treat breast cancer. The companies will partner to provide customers with a solution for deep inspiration breath hold, or DIBH, using the C-RAD Catalyst+ HD and Radixact System. DIBH is a technique frequently used for breast cancer treatments. The development work will commence before the end of 2021 with the first interface linking the Catalyst technology and the Radixact System anticipated to be made available in mid-2022. "We are excited to enter into this partnership with C-RAD, a company like ours, that is dedicated to providing radiation therapy solutions that enable clinicians to improve the lives of as many of their patients as possible," said Joshua Levine, chief executive officer of Accuray. "DIBH is a valuable approach for some patients with breast cancer undergoing radiation treatments. The combination of the Catalyst+ HD with the Radixact System is designed to make it easier for clinicians to leverage the advantages of our combined innovative solutions to effectively address the full range of breast cancer tumors they see in their daily practices."
MBXBF

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07:24 EDT Microbix Biosystems makes early repayment of 9% interest debenture - Microbix Biosystems announces that it has completed the early repayment of a debenture series on which it owed C$ 1.3 million and was paying an interest rate of 9.0%. This debenture was issued on January 31, 2014 for an outstanding amount C$ 2.0 million and was subsequently being repaid via quarterly payments of interest and principal of $61,100. At October 1, 2021, the balance owing on this debenture was C$ 1,331,758 which has now been fully-repaid. The repayment was made on the basis of a debenture provision permitting early repayment given at least 90 days' notice. Microbix elected to fully repay this debenture due to its strong cash flow generation, which has resulted in a positive cash balance of C$ 10.0 million at September 30, 2021, additional to which Microbix has an undrawn line of credit of up to C$ 2.0 million on which it would pay an interest rate of 4.45%. It therefore made little sense to keep this 9% debenture outstanding until its scheduled maturity date of January 31, 2029. Management calculates that this early repayment will add C$ 244,400 to annual cash flow, also meaningfully reducing interest-related outlays and improving the strength of Microbix's balance sheet. As a counterpoint to the very real financial benefits of the early repayment of this debenture, there will be a one-time and non-cash charge upon Microbix's earnings in the fiscal first quarter ending December 31, 2021. This one-time and non-cash charge is created due to this early and complete repayment expunging capitalized costs associated with the terms of issuance of the debenture that were being expensed over the full term of the debenture. Under the associated "IFRS" accounting rules, the amount of that one-time and non-cash expense is estimated at $0.5 million, which will be charged against Microbix's earnings for Q1 2022 and the fiscal-year ending September 30, 2022 ("Fiscal 2022"). For clarity, Microbix expects that it will remain strongly net earnings and cash flow positive for Q1 2022 even with this one-time and non-cash charge, as it should be for the broader 12-months of Fiscal 2022.
SRPT RHHBY

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07:23 EDT Sarepta announces initiation of EMBARK study of SRP-9001 - Sarepta Therapeutics (SRPT) announced the initiation, in partnership with Roche (RHHBY), in the U.S. and countries around the world, of study SRP-9001-301, also known as EMBARK, a pivotal study of SRP-9001 for the treatment of Duchenne muscular dystrophy. SRP-9001 is an investigational gene transfer therapy intended to deliver its micro-dystrophin-encoding gene to muscle tissue for the targeted production of the micro-dystrophin protein.
MNKD

Hot Stocks

07:23 EDT MannKind announces first patient enrolled in INHALE-1 study of Afrezza - MannKind announced the enrollment of the first pediatric patient in the INHALE-1 study. The multi-center study will evaluate the efficacy and safety of Afrezza in combination with basal insulin vs. multiple daily injections of insulin in children and adolescents aged 4-17 who are living with type 1 or type 2 diabetes. INHALE-1 is a 26-week open-label, randomized clinical trial with a 26-week extension. The primary endpoint is change in HbA1c level after 26 weeks. Secondary endpoints include change in fasting plasma glucose after 26 weeks and rate of hypoglycemic events.
CGEN AZN

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07:22 EDT Compugen announces milestone payment of $6M from AstraZeneca - Compugen (CGEN) announced that Compugen is entitled to receive a $6M milestone payment from AstraZeneca (AZN) triggered by the dosing of the first patient in a Phase 1/2 study evaluating AZD2936, a TIGIT/PD-1 bispecific antibody, in patients with advanced or metastatic non-small cell lung cancer. AZD2936 is derived from COM902, Compugen's high-affinity clinical-stage anti-TIGIT antibody. "We are proud that AstraZeneca's TIGIT bispecific program, derived from COM902, has advanced to the clinic and become our fourth clinical stage program originating from our innovative pipeline" said Anat Cohen-Dayag, Ph.D., President and Chief Executive Officer of Compugen. "We hope COM902's differentiated properties will contribute to the clinical success of AZD2936 and we look forward to the advancement of this important clinical program."
LYRA

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07:21 EDT Lyra Therapeutics presents Phase 2 LANTERN follow up data, LYR-210 PK data - Lyra Therapeutics announced that new, "positive" LYR-210 data from the LANTERN 6-month post-treatment evaluation and recently completed pharmacokinetic study, were the subject of two oral presentations at the 67th Annual Meeting of the American Rhinologic Society, or ARS, on October 1-2. Joanne Rimmer presented the LANTERN 6-month post-treatment outcomes, which showed continued safety and that about half of treated chronic rhinosinusitis, CRS, patients experienced a durable response six months post LYR-210 removal. Randall Ow presented the PK study outcomes, which showed that Mometasone Furoate, MF, blood levels were constant over the 56 days. LANTERN Study and 6-Month Post-Treatment Safety Follow-up: In the Phase 2, multicenter, blinded, randomized, controlled, dose-ranging LANTERN study of LYR-210 in surgically naive adult CRS patients who had failed previous medical management, LYR-210 was shown to be safe and well-tolerated over the 24-week treatment period. LYR-210 demonstrated significant, rapid, durable, dose-dependent, global symptom improvement, based on composite Cardinal Symptoms, CS, scores and Sino-Nasal Outcome Test, SNOT-22, achieving statistical significance as early as 8 weeks and out to 24 weeks compared with control. After 24 weeks, LYR-210 drug matrices were removed, and patients then underwent a 24-week post-treatment follow-up. The main objective of the post-treatment period was to assess long-term safety post-removal. Key results include: LYR-210 continued to show strong safety through 24 weeks post-treatment with no increased incidence of treatment-related AEs; and approximately 50% of patients experienced a durable response post-removal of LYR-210, with no worsening of Cardinal Symptom scores from the Week 24 baseline, compared to approximately 90% of control patients who either experienced a worsening of Cardinal Symptom scores from the Week 24 baseline or required a rescue treatment. LYR-210 Pharmacokinetic Study: The study was designed to characterize the early PK profile and systemic exposure of mometasone furoate, MF, of two doses of LYR-210 for up to 56 days. Plasma MF concentrations were evaluated at nine different time points throughout the study: one hour post-placement of LYR-210, and Days 2, 3, 7, 14, 21, 28, 42, and 56. Key results include: LYR-210 was safe and well-tolerated with zero serious adverse events, and achieved 100% placement success; LYR-210 delivered a constant and steady daily dose of MF over the 56 days; approximately 20% of the drug was released from LYR-210 during the 56-day study period, supporting the established 24-week drug profile; and LYR-210 achieved clinically relevant improvement in SNOT-22 within 2 weeks of treatment, with 37.5% of patients reporting a normal SNOT-22 score on Day 56.
PNW

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07:20 EDT Pinnacle West partners with Center for Hydrogen Safety - The Center for Hydrogen Safety, a technical community within the American Institute of Chemical Engineers and a global organization leading the safe advancement of hydrogen as the next-generation fuel, has announced a partnership with Pinnacle West Capital Corporation, an Arizona-based energy holding company, which is demonstrating its commitment to safety in the energy transition by becoming a member of CHS. The publicly traded utility company intends to become involved in the production and use of hydrogen as a clean energy source, including in its construction of an electrolyzer facility.
ALT

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07:19 EDT Altimmune announces initiation of 12-week Phase 1b trial of pemvidutide - Altimmune announced that it has enrolled the first patient in a Phase 1b clinical trial of pemvidutide in subjects with non-alcoholic fatty liver disease. Pemvidutide is a novel, investigational GLP-1/glucagon dual receptor agonist under development for the treatment of obesity and non-alcoholic steatohepatitis, the most severe form of NAFLD. The trial is being conducted at multiple sites in the United States with Dr. Stephen Harrison, a renowned expert in the field of NASH and liver diseases, serving as the Principal Investigator. This double-blind, randomized, placebo-controlled study will enroll approximately 72 diabetic and non-diabetic overweight and obese adult patients with a liver fat content greater than 10% as measured by MRI-PDFF. Pemvidutide will be administered weekly at one of three dose levels versus placebo over 12 weeks. The primary efficacy endpoint is change in liver fat content from baseline, as measured by MRI-PDFF. Secondary efficacy endpoints include weight loss, serum lipid profile, hemoglobin A1c, adiponectin, and inflammatory and fibrosis markers. The study is expected to read out topline results in the first half of 2022. Based on the findings of the NAFLD study, the Company intends to initiate a 52-week biopsy driven Phase 2 NASH study in 2022. NAFLD is a precursor to NASH, characterized by the buildup of excess fat in liver cells, usually as a consequence of obesity. It is estimated that more than 100 million people in the United States have NAFLD, and it is now the most common form of liver disease in children. If unaddressed, the condition may progress to NASH, where the liver is chronically inflamed and becomes fibrotic, and eventually cirrhosis. The World Hepatitis Alliance recently reported that NASH is now the most common reason for a liver transplant in women, older patients and people receiving Medicare insurance in the United States. Altimmune believes the treatment of obesity is the cornerstone of treating NASH and its co-morbidities and views the treatment of obesity and NASH as significant unmet medical needs that can be addressed through significant weight loss. In a 12-week Phase 1 study in Australia, subjects receiving pemvidutide achieved mean weight losses of 4.9%, 10.3%, and 9.0% at 1.2 mg, 1.8 mg, and 2.4 mg doses, respectively, with the placebo group experiencing a mean weight loss of 1.6%. Weight loss occurred rapidly and consistently over 12-weeks. Side effects were mild to moderate, with no serious or severe treatment-emergent adverse events. Importantly, pemvidutide was well-tolerated without the need for dose titration, and no discontinuations due to adverse events were reported. An Investigational New Drug application in NASH recently cleared the U.S. Food and Drug Administration review, enabling this 12-week Phase 1b trial in subjects with NAFLD. The Company has also commenced a drug-drug interaction trial in Australia and plans to initiate a trial of glucose control in patients with type 2 diabetes in the U.S. later this year. Topline data from all three trials are expected in the first half of 2022. The Company intends to file a second IND application in obesity in 2021 with plans to initiate a 48-week, Phase 2 obesity trial in H1 2022.
BABYF KR

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07:18 EDT Else Nutrition to launch on Kroger Ship - ELSE NUTRITION HOLDINGS (BABYF) announced that is has been approved for Kroger Ship, an E-commerce service which enables Kroger (KR) to ship to customers anywhere nationwide, even where Kroger does not operate physical stores.
TNXP

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07:17 EDT Tonix Pharmaceuticals completes acquisition of infectious disease R&D center - onix Pharmaceuticals Holding announced it has completed the acquisition of its new research and development center located in Frederick, Md. The approximately 48,000 square foot facility will support Tonix's expanding infectious disease pipeline, including: TNX-1800 - a live virus vaccine designed to protect against COVID-19; TNX-801 - a live virus vaccine designed to protect against smallpox and monkeypox; TNX-3500 - a small molecule antiviral under development to treat COVID-19; TNX-2100 - a peptide based skin test to measure functional T cell immunity to SARS-CoV-2. Tonix purchased the RDC from Southern Research, a collaborating partner on TNX-1800 and TNX-801 development. The center is operational with a dedicated staff of scientists and technicians. The main building was constructed as a biosafety level -3 facility but has been operating at BSL-2. Tonix plans to make appropriate upgrades and seek certification for BSL-3 so that research may be conducted on live SARS-CoV-2- and other pathogens. The RDC in Frederick, Md. will complement Tonix's Advanced Development Center being constructed in New Bedford, Mass., and its Commercial Manufacturing Center planned in Hamilton, Mont. The ADC will house laboratories dedicated to process analytical development and pilot manufacturing of the Company's vaccine candidates for clinical trials. The CMC is expected to support commercial scale manufacturing of vaccine products.
BALY JKPTF

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07:16 EDT Bally's completes Gamesys Group acquisition - Bally's (BALY) announced that, following the receipt of all necessary regulatory requirements and shareholder approvals, it has completed its previously announced combination with Gamesys Group (JKPTF), a UK-based global, online gaming operator. The transaction transforms Bally's into a premier, global, data-driven omni-channel gaming company. "Gamesys' proven technology platform will foster Bally's continued buildout of its interactive offerings in North America, including real-money gaming options in Online Sports Betting and iGaming. Additionally, unifying Bally's and Gamesys' player databases and technologies provides Bally's with one of the largest portfolios of omni-channel cross-sell opportunities, consisting of land-based gaming, Online Sports Betting, iCasino, poker, bingo, daily fantasy sports and free to play games. These offerings, coupled with Bally Interactive and Bally's media partnership with Sinclair Broadcast Group, position the Company to capitalize on significant growth opportunities in the rapidly expanding U.S. online entertainment and sports betting markets," the company said. With the closing of the transaction, former Gamesys CEO Lee Fenton will now serve as Bally's CEO. Additionally, former Bally's CEO George Papanier will assume the role of President, Retail, for Bally's land-based casino business, and former Gamesys COO Robeson Reeves will assume the role of President, Interactive. Further, Fenton, Reeves, and Jim Ryan, former Gamesys Non-Executive Director, have been appointed to serve on Bally's Board of Directors.
BCRX

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07:15 EDT BioCryst reports inducement grants under Nasdaq listing rule - BioCryst Pharmaceuticals announced that the compensation committee of BioCryst's board of directors granted nine newly-hired employees inducement options to purchase an aggregate of 178,500 shares of BioCryst common stock on September 30, 2021 as inducements material to each employee entering into employment with BioCryst. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $14.37 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee's continued service with the company. Each stock option has a 10-year term and is subject to the terms and conditions of BioCryst's Inducement Equity Incentive Plan and a stock option agreement covering the grant.
MNTS

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07:15 EDT Momentus appoints Paul Ney as chief legal officer - Momentus announced that Paul Ney, former general counsel of the United States Department of Defense, joins the company as chief legal officer and corporate secretary. Ney has nearly four decades of public service and private law practice experience. Most recently, he was presidentially appointed and confirmed by the U.S. Senate to serve as the general counsel of the Department of Defense. In this position, he was the Department's chief legal officer leading a team of over 12,000 lawyers that served the Department's more than 2.8M military and civilian personnel, and he served as the Designated Agency Ethics Official overseeing the Department's Standards of Conduct Office. During his tenure in the Department of Defense, the U.S. Space Force and the U.S. Space Command were established.
XENE

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07:14 EDT Xenon Pharmaceuticals announces topline results from Phase 2b 'X-TOLE' trial - Xenon Pharmaceuticals reported topline results from the Phase 2b X-TOLE clinical trial, which evaluated the clinical efficacy, safety, and tolerability of XEN1101 - a differentiated Kv7 potassium channel modulator - administered as adjunctive treatment in adult patients with focal epilepsy. The trial met its primary efficacy endpoint with XEN1101 demonstrating a statistically significant and dose-dependent reduction from baseline in monthly focal seizure frequency when compared to placebo. Additional primary and secondary measures included a pairwise comparison of each active dose to placebo and a responder analysis with the proportion of patients who achieved a 50% or greater reduction in monthly focal seizure frequency from baseline. Designed as a randomized, double-blind, placebo-controlled, multicenter study, the Phase 2b X-TOLE clinical trial evaluated the clinical efficacy, safety, and tolerability of XEN1101 administered as once-daily adjunctive treatment in adult patients with focal epilepsy. The study included a total of 325 randomized and treated subjects in the safety population and 323 subjects in the modified intent to treat population for the efficacy analyses. Subjects had an average age of 40.8 +/- 13.3 years, and 8.9%, 40.3%, or 50.8% of the subjects were on and continued taking one, two, or three stable background anti-seizure medications throughout the study, respectively, and failed a median of 6 previous ASMs prior to study entry. The median baseline seizure frequency across the study groups was approximately 13.5 per month. Of the 285 subjects who completed the double-blind period, 96.5% entered the open-label extension to evaluate the long-term safety, tolerability, and effectiveness of XEN1101. Key Efficacy Findings: The primary objective of the study was to assess the dose response trend of XEN1101 in reducing monthly focal seizure frequency, based on a ranked ANCOVA model. The median percent reduction in monthly focal seizure frequency was 52.8% in the XEN1101 25 mg group, 46.4% in the XEN1101 20 mg group, and 33.2% in the XEN1101 10 mg group compared to 18.2% in the placebo group. The monotonic dose response relationship between the XEN1101 active dose groups compared to placebo was statistically significant. These data demonstrated a highly statistically significant dose-response relationship for XEN1101 in the adjunctive treatment of focal seizures in adult patients with a history of difficult-to-treat seizures. In addition, XEN1101 demonstrated a statistically significant reduction from baseline in monthly focal seizure frequency in pairwise comparisons to placebo for all three XEN1101 doses. The median percent reduction in monthly focal seizure frequency was 52.8% in the XEN1101 25 mg group, 46.4% in the XEN1101 20 mg group, and 33.2% in the XEN1101 10 mg group compared to 18.2% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of pless than0.001 for 25 mg vs. placebo, pless than0.001 for 20 mg vs. placebo, and p=0.035 for 10 mg vs. placebo. A key secondary endpoint of the study was a responder analysis, which compared the proportion of study subjects treated with XEN1101 who achieved a greater than or equal to50% reduction in monthly focal seizures versus placebo. The percentage of subjects who achieved a greater than50% reduction in monthly focal seizures was 54.5% in the XEN1101 25 mg group, 43.1% in the XEN1101 20 mg group, and 28.3% in the XEN1101 10 mg group compared to 14.9% in the placebo group. Statistical significance was achieved for all dose groups compared to placebo with 2-sided p-values of pless than0.001 for 25 mg vs. placebo, pless than0.001 for 20 mg vs. placebo, and p=0.037 for 10 mg vs placebo. These marked reductions in seizures were associated with statistically significant improvements in overall status, as assessed by physicians using the Clinical Global Impression of Change and by subject self-reporting using the Patient Global Impression of Change scales in the XEN1101 25 mg group. In addition to the statistically significant CGI-C and PGI-C in the XEN1101 25 mg group, the XEN1101 20 mg group was statistically significant in PGI-C, while the XEN1101 20 mg group in CGI-C and the XEN1101 10 mg group for both CGI-C and PGI-C showed numerical improvements over placebo but were not statistically significant. Key Safety and Tolerability Findings: XEN1101 was generally well-tolerated in this study with adverse events consistent with other ASMs. The incidence of treatment-emergent adverse events was higher in the treatment groups as compared to the placebo group, with 62.3% of patients in the placebo group, 67.4% of patients in the XEN1101 10 mg group, 68.6% of patients in the XEN1101 20 mg group, and 85.1% of patients in the XEN1101 25 mg group experiencing at least one TEAE. The most common TEAEs across all XEN1101 dose groups were dizziness, somnolence, fatigue, and headache. Two TEAEs of urinary retention were reported in the active treatment groups, one of which required a dose reduction, and both subjects remained on drug with no other changes or intervention. Electrocardiogram interval changes were infrequent and evenly balanced between placebo and active treatment groups. There have been no TEAEs of pigmentary abnormalities reported during the double-blind phase of the study or in preliminary analysis during the ongoing open-label extension to date with approximately 70 subjects now treated more than 12 months. The incidence of treatment-emergent serious adverse events was similar in all four arms of the study with 2.6% of patients in the placebo group, 4.3% of patients in the XEN1101 10 mg group, 3.9% of patients in the XEN1101 20 mg group, and 2.6% of patients in the XEN1101 25 mg group experiencing at least one treatment-emergent SAE. There were 3.5% of subjects in the placebo group, 2.2% of subjects in the XEN1101 10 mg group, 13.7% of subjects in the XEN1101 20 mg group, and 15.8% of subjects in the XEN1101 25 mg group that had an AE leading to treatment discontinuation. Xenon intends to gather input from the U.S. Food and Drug Administration and other regulatory agencies to continue planning the future clinical development of XEN1101. In addition, the X-TOLE open-label extension, which has been expanded to three years, is expected to generate important long-term data for XEN1101.
REXR

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07:14 EDT Rexford Industrial announces $304.2M of transaction activity - Rexford Industrial Realty announced the acquisition of two industrial properties comprised of an aggregate 421,824 square feet and one 80.2 acre industrial storage site for an aggregate purchase price of $285.6M. The company also announced the disposition of a 71,600 square foot property for $18.6M. The acquisitions were funded using a combination of 1031 disposition proceeds, cash on hand, and proceeds from the company's previously executed equity offerings. In September and October, the Company acquired: 5772 Jurupa Street, located in Ontario, within the Inland Empire - West submarket for $54M or $150 per square foot. The 360,000 square foot, 30-foot clear building on 16.8 acres of land is fully leased at rent estimated to be approximately 40% below market. Upon lease expiration, the company intends to drive cash flow growth through the renewal of the existing tenant at a higher market rent or through the execution of value-add improvements and re-tenanting. 2500 E. Victoria Street, located in Rancho Dominguez, within the LA - South Bay submarket for $217.1M, or $62 per land square foot. The 80.2 acre infill industrial storage site is subject to a long-term sale lease-back with a leading operator of liquid storage terminals. 1010 E. Belmont Street, located in Ontario, CA, within the Inland Empire - West submarket for $14.5M, or $235 per square foot. The 61,824 square foot, single tenant building on 2.8 acres of land is fully leased at rent estimated to be approximately 55% below market. Upon lease expiration, the Company intends to drive cash flow growth through the renewal of the existing tenant at a market rent or through re-tenanting after execution of value-add improvements including the addition of twelve dock positions. In September, the Company disposed of the following property: 5803 Newton Drive, located in Carlsbad, within the North County San Diego submarket for $18.6M, or $260 per square foot. The 71,602 square foot building was fully leased at the time of sale. The unlevered IRR on this transaction to the company is 16.6%. Proceeds from the sale were reinvested into the acquisition of 2500 E. Victoria Street.
XNCR JNJ

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07:13 EDT Xencor in plamotamab licensing pact with Janssen for $100M upfront, milestones - Xencor (XNCR) announced an exclusive collaboration and worldwide license agreement with Janssen Biotech, one of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ), to develop and commercialize plamotamab and novel XmAb B-cell targeting bispecific antibodies that are designed to conditionally activate T cells through the CD28 co-stimulatory receptor. Plamotamab is a CD20 x CD3 XmAb bispecific antibody and is currently completing a Phase 1 dose-escalation study in patients with CD20-expressing hematologic malignancies. "The treatment landscape in B-cell lymphoma will potentially be redefined by CD20 x CD3 bispecific antibodies, such as plamotamab, and the best outcomes for patients will require creative combination approaches using complementary mechanisms of action. We are delighted to collaborate with Janssen's leading scientists to expand the scope of the plamotamab program, particularly as we explore opportunities to combine with novel B-cell targeted CD28 bispecific antibodies that can potentially selectively enhance T-cell cytotoxic activity," said Bassil Dahiyat, Ph.D., president and chief executive officer at Xencor. "This collaboration complements our plans to initiate combination clinical trials of plamotamab with tafasitamab and lenalidomide, and it expands our strategy to develop multiple highly active chemotherapy-free regimens for B-cell cancers." Under the terms of the agreement, Janssen will receive worldwide exclusive development and commercialization rights to plamotamab, whether as a monotherapy or in combination regimens. Xencor will collaborate with Janssen on further clinical development of plamotamab with Janssen paying 80% and Xencor paying 20% of costs, including those for a subcutaneous formulation anticipated to enter clinical trials in 2022. In parallel, Xencor will continue, at its own expense, a previously announced clinical collaboration to evaluate the combination of plamotamab, tafasitamab and lenalidomide in patients with B-cell lymphoma, including a Phase 2 trial in relapsed or refractory diffuse large B-cell lymphoma anticipated to start in late 2021 or early 2022. Xencor will receive an upfront payment of $100 million, and Johnson & Johnson Innovation - JJDC, Inc. will purchase $25 million of newly issued shares of Xencor common stock. Xencor will be eligible to receive up to $1.188B in potential development, regulatory and sales milestone payments, as well as tiered royalties on net sales of products developed under the agreement, ranging from mid-teen to low-twenties percentages for products containing plamotamab and plamotamab/CD28 bispecific antibody combinations. Separate terms apply to CD28 bispecific antibodies commercialized outside of a plamotamab combination, where Xencor retains an option to co-fund development costs in exchange for higher royalties and the right to co-detail such products in the United States.
HLI

Hot Stocks

07:12 EDT Houlihan Lokey acquires GCA Corporation, terms undisclosed - Houlihan Lokey has acquired GCA Corporation following the successful completion of a tender offer process resulting in the firm acquiring approximately 90% of GCA's common stock. With effect from today, GCA becomes part of Houlihan Lokey. More than 500 individuals across 24 locations join the firm, significantly expanding the firm's presence in Asia and in Europe. Houlihan Lokey will now seek to acquire the remaining GCA shares by way of a second-step transaction, which is expected to be completed before the end of 2021.
BFARF

Hot Stocks

07:11 EDT Bitfarms expands Quebec mining operations with 14 MW of hydro power - Bitfarms increased its corporate hashrate to over 1.6 Exahash per second through the expansion of operations at its Cowansville, Quebec, facility and the installation of 450 newly arrived Bitmain S19j Pro miners. The Cowansville expansion is a completely new 17 MW facility, which replaces Bitfarms first Bitcoin mining facility of 4 MW constructed in 2017. Leveraging 4 years of experience, design, and engineering advances, this facility is expected to generate greater operating efficiencies, more robust capabilities, better controls, and lower sound emissions. Hydro Quebec has commenced delivering power to the facility, effective as of October 1, 2021. The expansion increases Bitfarms' operational mining infrastructure in Quebec approximately 19% to 82 MW. Through the redeployment of existing miners and the installation of an additional 450 Bitmain S19j Pro miners, Bitfarms has increased the corporate hashrate from approximately 1.5 EH/s to approximately 1.6 EH/s.
FFMGF

Hot Stocks

07:11 EDT First Mining Gold announces earn-in agreement with Pelangio Exploration - First Mining Gold announces that the company has entered into an earn-in agreement with Pelangio Exploration pursuant to which First Mining, through its wholly-owned subsidiary Gold Canyon Resources, may earn, over the course of two stages and over a period of six years, up to an 80% interest in Pelangio's Birch Lake and Birch Lake West properties. The Birch Lake Properties include the High Grade Island prospect, which is located to the northeast of First Mining's Springpole Gold Project in northwestern Ontario. The Birch Lake Properties cover approximately 3,700 hectares. With the addition of the Birch Lake Properties, First Mining now controls close to 70,000 hectares in the Birch-Uchi Greenstone Belt. "We are extremely excited to continue our consolidation efforts in the region by bringing in the High Grade Island prospect, as it represents one of the most prospective areas in the Birch-Uchi Greenstone Belt," stated Dan Wilton, CEO of First Mining. "Despite being explored since the 1980s and with demonstrated high-grade drill intersections of up to 245 g/t gold, High Grade Island has been underexplored relative to other high-grade camps in the belt and will be a priority target for us as we embark on our first broader regional exploration program next year. Through several land consolidation transactions over the last few months, First Mining now holds some of the most prospective areas of the Birch-Uchi Greenstone Belt, and with future exploration success these new targets have the potential to significantly increase the grade profile, resource potential and economics at our Springpole Gold Project." First Mining will have a two-stage option to earn up to an 80% interest in the Birch Lake Properties. In the first stage, First Mining, through its wholly-owned subsidiary Gold Canyon, can earn up to an initial 51% interest in the Birch Lake Properties over a four-year period by making cash payments to Pelangio totaling $350,000 and issuing to Pelangio a total of 1,300,000 shares of First Mining, and by incurring at least $1,750,000 worth of expenditures on the Birch Lake Properties during the four-year period. Upon completing the first stage of the earn-in, First Mining will have a second stage option for a period of two years to acquire an additional 29% interest in the Birch Lake Properties by paying $400,000 to Pelangio in cash or First Mining shares, and by incurring an additional $1,750,000 worth of expenditures on the Birch Lake Properties. Upon completion of the second earn-in stage, First Mining and Pelangio will enter into a joint venture agreement with respect to the Birch Lake Properties where First Mining will hold, through Gold Canyon, an 80% interest in the Birch Lake Properties.
SURF

Hot Stocks

07:10 EDT Surface Oncology sees cash runway through 2023 - Surface has expanded its existing debt facility with K2 HealthVentures, increasing the capacity to $50M. Based upon its current operating plan, including the SRF388 first-line HCC randomized Phase 2 clinical study, which includes the extended debt facility, Surface maintains a projected cash runway through 2023.
HLXA MLTX

Hot Stocks

07:10 EDT MoonLake Immunotherapeutics to go public through Helix Acquisition combination - MoonLake Immunotherapeutics, a clinical-stage biotechnology company focused on creating therapies for inflammatory skin and joint diseases and Helix Acquisition (HLXA) announced they have entered into a definitive business combination agreement. Upon closing of the transaction, the company will be renamed MoonLake Immunotherapeutics and will be led by an international team of immunology experts. The combined company's common stock is expected to be listed on Nasdaq under the ticker symbol (MLTX). In addition to the approximately $115M held in Helix Acquisition Corp.'s trust, the transaction also includes commitments for a $115M PIPE at $10.00 per share from a group including premier institutional and strategic investors. Proceeds from the transaction are expected to provide MoonLake with the capital needed to accelerate the development of the clinical stage, tri-specific Nanobody sonelokimab, in multiple inflammatory diseases in dermatology and rheumatology driven by IL-17A and IL-17F. MoonLake plans to initiate additional Phase 2 studies targeting other IL-17A/F driven indications such as psoriatic arthritis, ankylosing spondylitis or radiographic axial spondyloarthritis and hidradenitis suppurativa, each of which affect millions of patients worldwide. Upon the closing of the business combination, MoonLake will have access to approximately $230M in cash. The proceeds will be funded through a combination of approximately $115M held in a trust account by Helix and a $115M concurrent PIPE financing of Helix Class A shares issued at $10.00 per share to leading institutional investors. Assuming a share price of $10.00 per share and no redemptions of Helix shares, MoonLake is expected to have an implied pro forma equity value of approximately $620M at closing. As part of the transaction, certain MoonLake existing equity holders will transfer their MoonLake equity to Helix in exchange for Class A shares of Helix, while certain other MoonLake existing equity holders will have the ability to convert their MoonLake equity into shares of Helix. The boards of directors of both MoonLake and Helix have unanimously approved the proposed transaction, which is expected to be completed late in Q4 or early in Q1 of 2022. The transaction is subject to, among other things, the approval of the stockholders of both MoonLake and Helix, and satisfaction or waiver of the conditions stated in the definitive business combination agreement.
SURF

Hot Stocks

07:09 EDT Surface Oncology announces randomized Phase 2 study of SRF388 - Surface Oncology announced details about its plan to initiate a randomized Phase 2 clinical study evaluating SRF388, a potential first-in-class antibody against IL-27, in combination with Roche's atezolizumab and bevacizumab, in patients with treatment-naive hepatocellular carcinoma. Initiation-enabling activities are underway, and the Company expects to dose the first patient in early 2022. The blinded, randomized Phase 2 study is expected to enroll approximately 100 first-line patients with unresectable or metastatic HCC. Patients will be randomized to receive either SRF388 or a placebo in combination with atezolizumab and bevacizumab. The study will primarily evaluate investigator-assessed PFS of SRF388 in combination with atezolizumab and bevacizumab compared to atezolizumab and bevacizumab. Secondary endpoints from the trial will include safety, overall response rates and duration of response. Because this is a blinded study, Surface does not expect to have detailed clinical data prior to study conclusion, but does anticipate a futility analysis in early 2023 and final data in the first half of 2024. Initial data presented at the American Society of Clinical Oncology Annual Meeting earlier this year showed SRF388 was well tolerated at all doses tested, set the recommended Phase 2 dose at 10 mg/kg every four weeks and demonstrated evidence of monotherapy activity.
IBIBF

Hot Stocks

07:08 EDT IBI Group announces amended, restated credit facilities - IBI Group is pleased to announce that the Company has entered into amended and restated credit facilities with its syndicate of lenders, comprised of The Toronto Dominion Bank, National Bank of Canada, HSBC Bank Canada and Bank of Montreal. The maturity date of the Facilities is extended from September 27, 2022 to September 29, 2025. The Facilities consist of a revolver facility, swing line facility and letter of credit facility, with the availability of each subject to compliance with certain financial, reporting and other covenants. The total amount of borrowing permitted under the agreement is $130 million, with an accordion feature of $40 million which is subject to bank approval if requested. IBI intends to use the Facilities for general corporate purposes, including working capital requirements and for potential acquisitions to fund further growth. Under certain conditions, the repayment of the hybrid or convertible debentures indebtedness is permitted under the terms of the Facilities.
CNC

Hot Stocks

07:08 EDT Centene expands Medicare Advantage offerings for 2022 - Centene announced it plans to expand its Medicare Advantage offerings, offering its range of Medicare Advantage plans in 1,575 counties across 36 states during the 2022 Medicare Annual Enrollment Period. Today, Centene serves more than 1.1M Medicare Advantage members across 33 states. Beginning in 2022, the company will offer plans in 327 new counties, representing a 26% increase, and three new states, including Massachusetts, Nebraska, and Oklahoma, bringing its total number of Medicare Advantage states to 36. Overall, Centene's expanded footprint will reach 48 million Medicare-eligible adults across the country. "As our national footprint continues to grow, we are focused on creating one Medicare brand to better align with our strategy and goals, help us deliver on our mission, and, most importantly, better serve our 1.1 million Medicare Advantage members across the country," said Rich Fisher, SVP and CEO of Medicare for Centene.
OPT

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07:07 EDT Opthea opens patient recruitment in Europe for Phase 3 ShORe, COAST trials - Opthea announced that enrollment for its Phase 3 pivotal clinical program of OPT-302 for the treatment of wet age-related macular degeneration is now open in Europe. The two concurrent global Phase 3 registrational clinical trials, ShORe and COAST will be conducted in up to 20 countries across Europe. The ShORe and COAST registrational studies are expected to each enroll approximately 990 treatment naive patients and are evaluating OPT-302 combination therapy as a potential treatment for wet AMD. Enrollment has been ongoing in the U.S. and Canada and is being expanded into Europe and the rest of the world. Opthea is conducting ShORe and COAST as two concurrent global, multi-center, double-masked, sham-controlled Phase 3 trials to assess the efficacy and safety of intravitreal 2.0 mg OPT-302 in combination with either 0.5 mg ranibizumab, or 2.0 mg aflibercept respectively. The primary endpoint of both studies is the mean change in best corrected visual acuity from baseline to week 52 for OPT-302 combination therapy compared to anti-VEGF-A monotherapy. The top-line 52-week data from the ShORe and COAST Phase 3 studies is anticipated in the second half of 2023. Opthea intends to submit Biologics License and Marketing Authorisation Applications with the U.S Food and Drug Administration and European Medicines Agency, respectively, following completion of the 12-month primary efficacy phase of the trials.
HSSHF

Hot Stocks

07:05 EDT Digihost Technology produces 133.02 BTC during Q3 - Digihost Technology is pleased to provide unaudited Bitcoin production updates for the quarter ended September 2021. Corporate Highlights for September 30, 2021: Produced 133.02 BTC during the quarter, increasing total holdings to 452.24 BTC representing a fair market value of approximately $19.9 million as at September 30, 2021. Diversified holdings with the conversion of 31.62 BTC into Ethereum during the quarter, bringing total ETH holdings to 1,000.89 representing a fair market value of approximately $3.0 million as at September 30, 2021. Total digital asset inventory value consisting of BTC and ETH of approximately $22.9 million at the end of September. Cash on hand at September 30th was approximately $17.2 million, and total cash and digital asset holdings was approximately $40.1 million. Year-to-date deposits on equipment and infrastructure to be completed in Q4 2021 pertaining to the Company's core business of approximately $24.8 million. Pursuant to its May 12, 2021 press release, the Company is on target to put online the approximately 9,900 newest generation miners it has purchased before the end of 2021. Once fully installed, these miners will increase the Company's current hashrate to between approximately 925PH and 1.1EH. Michel Amar, the Company's CEO, stated: "We are extremely pleased with the continued success achieved by Digihost and are proud to report that in Q3 2021 we successfully mined a higher fair market value of Bitcoin than in any previous quarter since the Company's inception. Our operations delivered a record number of coins this quarter despite voluntarily giving up peak hours of mining for five days during the month of August during peak community energy demand." Amar continued, "As a Company, we are prepared to begin receiving a large quantity of new generation miners in Q4 2021. We remain especially well situated to scale up and thrive in the current mining environment and to increase our hashrate to up to 1.5 EH in by Q1 2022. We are committed to operating our business growth in an environmentally conscious way and our priority is to sustain our focus on green energy and ESG initiatives."
SCOR

Hot Stocks

07:05 EDT Comscore signs exclusive agreement with Imaginuity - Comscore announced that it has signed a new agreement with integrated marketing agency Imaginuity for local television measurement. Under the terms of the agreement, Imaginuity will be exclusively utilizing Comscore's local market television insights in markets across the U.S. to provide ROI for their client partners. "We are excited to partner with Imaginuity and help them grow their revenue opportunities through superior measurement that results in better business outcomes," said Carol Hinnant, Chief Revenue Officer, Comscore. "We are confident that our passive and stable approach to television audience measurement gives advertisers accurate audience insights."
ENTA

Hot Stocks

07:05 EDT Enanta plans discontinuation of NASH FXR agonist programs internally - Enanta Pharmaceutical provides an update on its two clinical stage farnesoid X receptor, FXR, agonists, EDP-305 and EDP-297, for the treatment of non-alcoholic steatohepatitis, NASH. A pre-planned interim analysis of a subset of patients through week 12 in the Phase 2b ARGON-2 study of EDP-305 as a monotherapy and data from its Phase 1 clinical study of EDP-297 provided meaningful information on dose selection and characterization for these compounds. Enanta has made a business decision to prioritize combination approaches through an out-licensing strategy for further development of these two programs and does not plan to continue further development internally. "Looking at a broad range of doses in NASH patients, our interim analysis of EDP-305 in ARGON-2, in comparison to clinical data from ARGON-1, indicates that the 1.0 mg dose of EDP-305 provides the best balance of efficacy and tolerability," said Jay R. Luly, Ph.D., President and Chief Executive Officer of Enanta Pharmaceuticals. "We believe that the multiple mechanisms in development for NASH today, which reflect the complex pathophysiology of this disease, make it likely that a combination approach with FXR agonists will ultimately provide the optimal treatment regimen for patients. Given this evolving landscape, we have decided to discontinue the 72-week ARGON-2 study early in favor of pursuing a combination regimen. Based on the significant data generated to date, we believe EDP-305, our lead, late-stage candidate, which has been administered in almost 600 patients for up to 12 weeks, and EDP-297, our follow-on candidate, are well-positioned to be an important component of a combination therapy to bring a much-needed treatment to patients with NASH. Going forward, we are eager to concentrate our resources on developing oral drug candidates for treating hepatitis B virus, and human respiratory diseases including respiratory syncytial virus and SARS-CoV-2."
DRVN WHR

Hot Stocks

07:04 EDT Driven Brands appoints Matt Meier as chief digital, data officer - Driven Brands Holdings (DRVN) announced that Matt Meier is joining the company as EVP, Chief Digital and Data Officer. This newly created role will oversee the company's digital and data strategies, working closely with IT and marketing to transform data into actionable business insights and lead the digital customer experience. Meier most recently spent five years with Whirlpool Corporation (WHR), expanding their offerings to include industry-leading IoT "connected" appliance experiences, expanding direct-to-consumer digital platforms, and leading Whirlpool's global data and advanced analytics competency. Meier will report directly to CEO, Jonathan Fitzpatrick.
ALVR

Hot Stocks

07:04 EDT AlloVir granted orphan drug designation for posoleucel from FDA - AlloVir announced that the FDA has granted orphan drug designation, or ODD, to posoleucel for the treatment of virus-associated hemorrhagic cystitis, or HC. Posoleucel is an investigational, allogeneic, off-the-shelf, multi-virus specific T cell therapy under development for the treatment and prevention of serious diseases caused by six devastating viral pathogens: BK virus and the related polyomavirus JC virus, cytomegalovirus, human herpes virus-6, Epstein Barr virus and adenovirus.
CARA

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07:02 EDT Cara Therapeutics presents late-breaking results of KARE Phase 2 trial - Cara Therapeutics presented results from the KARE Phase 2 clinical trial of oral difelikefalin for the treatment of moderate-to-severe pruritus in mild-to-severe atopic dermatitis patients. Results were presented by Brian Kim, MD, Associate Professor of Dermatology and Co-Director of the Center for the Study of Itch and Sensory Disorders at Washington University School of Medicine, during the Late Breaking News session of the 2021 European Academy of Dermatology and Venereology Virtual Congress on October 2, 2021. The presentation summarized data from 401 subjects with AD and moderate-to-severe pruritus, who were randomized to receive oral difelikefalin at a dose of 0.25 mg, 0.5 mg or 1.0 mg, or placebo over a 12-week treatment period. Subjects with mild-to-moderate AD were included in a prespecified analysis. Approximately 64% of subjects had BSAless than10 and the results of this "Itch Dominant AD" subgroup were presented. In addition, a mouse model of AD was used to test the effects of difelikefalin on itch and lesion severity. Although the primary endpoint, change from baseline in Itch Numerical Rating Scale score, was not met with any of the difelikefalin dose groups in the overall population, a significant improvement in itch was observed at week 12 in the combined difelikefalin dose group in subjects with BSA less than10%. In this subpopulation of itch-dominant AD, significant reduction in itch with difelikefalin was evident as early as day 2. In addition, a significantly greater proportion of subjects in the combined difelikefalin dose group versus placebo achieved a greater than or equal to4-point improvement in I-NRS at week 12. Difelikefalin was well-tolerated, with most adverse events being mild or moderate in severity. The most commonly reported adverse events included abdominal pain, nausea, dry mouth, headache, dizziness, and hypertension. In the mouse model of AD, a rapid and significant anti-pruritic effect of difelikefalin was observed independently of effects on skin inflammation.
HLXA

Hot Stocks

07:02 EDT Helix Acquisition Corp (Class A Stock) trading halted, news dissemination
PLTR

Hot Stocks

07:01 EDT NIH continues collaboration with Palantir - Palantir Technologies announced the National Institutes of Health's National Center for Advancing Translational Sciences has awarded Palantir a contract to continue providing a secure cloud-based data enclave to centralize data on COVID-19 for collaborative clinical research. The contract to support the National COVID Cohort Collaborative and its data enclave is an indefinite delivery indefinite quantity contract with a total potential value of $59.5m over two years, with an initial task order for $7.9m over the first five months. N3C is a partnership among more than 70 institutions to centralize data on COVID-19 for clinical research. The N3C Data Enclave is now one of the largest collections of COVID-19 health records in the world, with over 8 million records from 65 institutions and counting. Palantir's software, designed to integrate siloed data sources into a common environment, is ideally suited to support the N3C Data Enclave. It has done so since the project launched in April 2020, offering a secure platform to integrate, manage, harmonize, and analyze COVID-19 data, while providing controlled access to internal and external collaborators. Since the beginning of the global pandemic, N3C has accelerated patient research and improved COVID-19 evidence, studying everything from health inequities in treatment to risk factors for severe and long-lasting symptoms. The large-scale data platform, powered by Palantir software, allows researchers approved to access the enclave to form cross-institute research teams analyzing rich data sets, and to drive focus on populations most vulnerable to COVID-19. The N3C will also be used as part of the NIH RECOVER Initiative to study post-acute sequelae from COVID-19, or so-called "Long COVID." In addition to the contract to support the N3C, NCATS has also extended a separate contract with Palantir for it to provide its software to help accelerate cancer research with the National Cancer Institute, as well as efforts to support the President's Emergency Plan for AIDS Relief. This contract, originally for $36m over one year, has been extended for an additional year for a total amount of $60m.
CBU ESBK

Hot Stocks

06:59 EDT Community Bank System to acquire Elmira Savings Bank in $82.8M transaction - Community Bank System (CBU) and Elmira Savings Bank (ESBK) announced that they have entered into a definitive agreement pursuant to which Community Bank System's bank subsidiary, Community Bank, N.A., will acquire Elmira Savings Bank, in an all cash transaction representing total consideration valued at approximately $82.8 million. Under the terms of the agreement, shareholders of Elmira will receive $23.10 in cash for each share of common stock they own. The transaction has been unanimously approved by the boards of directors of both companies.This transaction will provide natural market enhancement and extension for both institutions, joining two high-quality, low-risk banks with long histories of personalized customer service and commitment to their communities. Elmira provides Community Bank, N.A. with improved presence in several Central New York and Southern Tier markets, including Elmira, Corning, and Ithaca, with total assets of $648.7 million, deposits of $551.2 million, net loans of $465.3 million, and 12 branch offices across a five county area. Upon completion of the transaction, the combined company is expected to have over $15.4 billion in assets. Community Bank System expects the transaction to be approximately $0.08 per share accretive to its 2022 GAAP earnings and $0.09 per share accretive to cash earnings, excluding one-time transaction costs, and expects the transaction to be approximately $0.15 per share accretive to its 2023 GAAP earnings and $0.16 per share accretive to cash earnings, excluding one-time transaction costs. The merger is expected to close in the first quarter of 2022 and is subject to customary closing conditions, including approval by the shareholders of Elmira and required regulatory approvals.
SAH

Hot Stocks

06:57 EDT Sonic Automotive appoints Dino Bernacchi as CMO of EchoPark Automotive - Sonic Automotive announced the appointment of Dino Bernacchi as Chief Marketing Officer of EchoPark Automotive, the Company's growing nationwide pre-owned vehicle segment, effective October 4, 2021. Bernacchi joins EchoPark Automotive after most recently serving as the Senior Vice President of Marketing for the Cleveland Browns NFL franchise.
SAH

Hot Stocks

06:56 EDT Sonic Automotive appoints Thien Truong as CRO of EchoPark Automotive - Sonic Automotive announced the appointment of Thien Truong as Chief Revenue Officer of EchoPark Automotive, the Company's growing nationwide pre-owned vehicle segment, effective October 4, 2021. Truong joins Sonic's pre-owned vehicle segment from Brightloom, where he served as the company's President and Chief Revenue Officer.
XENE

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06:55 EDT Xenon Pharmaceuticals trading halted, news pending
DMS

Hot Stocks

06:55 EDT Digital Media Solutions launches Protect Health Insurance Agency - Digital Media Solutions announced the launch of Protect Health Insurance Agency as an approved agency to sell health insurance policies. Protect Health Insurance Agency was a key strategic initiative for DMS in 2021, launching just in time for the 2021 AEP/OEP period. Protect Health Insurance Agency is expected to start producing revenue in the fourth quarter of this year, with more meaningful contribution expected in 2022 and beyond. Using its new DBA, Protect Health Insurance Agency, DMS will continue its meaningful focus on the insurance industry, benefiting from continued secular tailwinds as the digital transformation of ad spend continues to accelerate, and demand from consumers and advertisers remains strong. Insurance, inclusive of auto, home, life and health, remains the largest vertical for DMS. DMS works with the top insurance providers, actively growing the list of insurance providers, agents - and now consumers - who buy from DMS. The recent acquisition of Crisp Results will continue to support the ongoing growth of the DMS health insurance business, aiding in the company's efforts to grow within the insurance space and guide consumers through the sales funnel from start to finish.
RS

Hot Stocks

06:54 EDT Reliance Steel completes acquisition of Merfish United - Reliance Steel & Aluminum announced that effective October 1, 2021, it has acquired Merfish United, a master distributor of tubular building products in the United States, from One Equity Partners, a middle market private equity firm. Headquartered in Ipswich, Massachusetts, Merfish United serves 47 U.S. states through its twelve strategically located distribution centers. Merfish United's broad product offering includes full lines of steel pipe, copper tubing, plastic pipe, electrical conduit and related products for the commercial, residential, municipal and industrial building markets. For the twelve months ended June 30, 2021, Merfish United's net sales were approximately $500 million. The current Merfish United team, including management, will remain in place. The terms of the transaction were not disclosed.
MDGL

Hot Stocks

06:53 EDT Madrigal Pharmaceuticals announces support of Fatty Kiver Foundation - Madrigal Pharmaceuticals announces its support of the Fatty Liver Foundation, the leading patient advocacy organization focused on the diagnosis, treatment and support of Americans with non-alcoholic fatty liver disease, including non-alcoholic steatohepatitis. Madrigal and the Fatty Liver Foundation will ring the Nasdaq closing bell to raise awareness of the need for more evidence-based screening and testing to improve diagnosis and staging of NAFLD/NASH. NAFLD is estimated to afflict more than 16 million Americans. NASH is the more severe form of NAFLD. There are more than 5 million NASH patients with significant fibrosis in the U.S. Once NASH progresses to significant liver fibrosis, the risk of adverse liver outcomes increases dramatically. In fact, NASH is currently the leading cause of liver transplants in the U.S. Additionally, patients with NASH and/or advanced fibrosis, as well as NAFLD patients with concomitant type 2 diabetes, are at high risk for adverse cardiovascular events and increased mortality. Madrigal is providing an unrestricted grant to support FLF's NAFLD Screening Fund whose primary objective is to scale-up evidence-based screening and testing for NAFLD in a community setting. These efforts would support, and potentially boost, the non-invasive screening needed to identify asymptomatic disease and diagnosing NAFLD/NASH patients at various points of progression.
IGT

Hot Stocks

06:52 EDT International Game subsidiary signs five-year contract extension with AGLC - International Game announced that its subsidiary, IGT Canada Solutions ULC has signed a five-year contract extension with Alberta Gaming, Liquor and Cannabis, or AGLC, to deliver an enhanced version of its Intelligen systems software and continue to be the AGLC's central systems provider. The extension runs through July 2026. Under the terms of the extension, IGT will upgrade AGLC's video lottery central system to the latest version of INTELLIGEN, which includes improved network diagnostics and stability. AGLC will also receive several iLINK Ultras, IGT's latest retailer site controller that has a separate point-of-sale device and logic box for increased flexibility, and an updated user interface with improved features for the retailer.
OCN

Hot Stocks

06:51 EDT Ocwen announces closing with RMS to acquire Reverse Mortgage Servicing - Ocwen Financial Corporation announced that its wholly-owned subsidiary, PHH Mortgage Corporation, has completed the previously announced transaction with Reverse Mortgage Solutions and its parent, Mortgage Assets Management to acquire substantially all of the RMS reverse mortgage servicing platform and all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions. MAM is a subsidiary of investment funds managed by Waterfall Asset Management. Concurrent with the closing of the transaction, PHH became the subservicer under a five-year subservicing agreement for reverse mortgages owned by RMS and MAM and assumed approximately 350 reverse servicing and REO employees. In addition, certain third-party subservicing agreements were assigned from RMS to PHH. As a result, PHH became the subservicer for approximately 57,000 reverse mortgages, or approximately $14.3 billion in unpaid principal balance, which were transferred to PHH's reverse servicing platform concurrent with the closing. Additionally, PHH expects to begin servicing its owned portfolio of approximately 34,000 reverse mortgages, or a UPB of approximately $6.7 billion, in the fourth quarter of 2021, subject to final approvals by counterparties and other customary approvals and conditions. The aggregate purchase price at closing was approximately $12.4M, subject to certain holdbacks and adjustments.
HIW

Hot Stocks

06:49 EDT Highwoods Properties announces $120M of non-core asset sales - Highwoods Properties has sold two non-core office buildings encompassing 443,000 square feet for $119.7 million. The Company sold Stony Point VI, an 87,000 square foot single-customer building in Richmond, for $52.2 million and Crescent Center, a 356,000 square foot building in Memphis, for $67.5 million. The properties were a combined 80% occupied and projected to generate $6.5 million of annual cash net operating income and $7.5 million of annual GAAP net operating income in 2021. The Company expects to record non-FFO gains of approximately $37.3 million in the third quarter of 2021 in connection with these sales. As previously disclosed, the Company acquired a portfolio of office properties from Preferred Apartment Communities on July 29, 2021 for a total investment of $683 million, including planned near-term building improvements and transaction costs. The Company's long-term plan is to fund the acquisition primarily by accelerating the sale of $500 to $600 million of existing non-core assets by mid-2022, approximately half of which is planned to close by year-end 2021. The Company expects to return its balance sheet metrics to March 31, 2021 levels by mid-2022.
ANNX PTGX

Hot Stocks

06:39 EDT Annexon appoints Ted Tednock as CIO, Larry Mattheakis as CSOProtagonist Therapeutics - Annexon (ANNX) announced the appointment of Ted Yednock, Ph.D., as chief innovation officer, and the appointment of Larry Mattheakis, Ph.D., as chief scientific officer. Yednock has served as Annexon's CSO since 2013. As CIO, he will remain a member of the executive committee, serve as chairman of the Scientific Advisory Board and continue to strengthen and integrate Annexon's key scientific findings and collaborations. Dr. Mattheakis was previously the senior vice president of discovery biology and translational research at Protagonist Therapeutics (PTGX).
MGLN

Hot Stocks

06:37 EDT Magellan Healthcare debuts collaborative care management solution - Magellan Healthcare announced a collaborative care management solution for health plans and providers that the company said, "will enhance behavioral healthcare services delivered in physical healthcare settings." The company said, "Developed with NeuroFlow, this solution will increase access to behavioral health screening and care by enabling primary care and specialty providers to identify and manage undertreated and underdiagnosed low- to moderate-risk behavioral health conditions before they escalate. Providers will receive enhanced support from Magellan's clinical team which will leverage NeuroFlow's cloud-based platform to offer: Ease of communication with members and their care team; Patient data integrated into electronic medical records and existing provider practice workflows; Artificial intelligence which identifies at-risk members, enables real-time feedback and reports on outcomes such as symptom reduction and remission; Integration with a member app that provides engaging self-care activities and personalized clinical content, feeding patient-recorded outcomes to a registry for monitoring and risk stratification."
KRA

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06:36 EDT Kraton enters partnership with Plastship - Kraton announced a partnership with Plastship by offering CirKular+ performance enhancement and compatibilization additives on Plastship Additives Selector platform. Plastship, an European platform for recyclate procurement, is a subsidiary of RIGK GmbH, a German recycling scheme operator. By joining Platship's Additive Selector platform, CirKular+ can further enhance the performance and processability of post-consumer and post-industrial resins and broaden PCR end-use applications.
CXP NRZ

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06:35 EDT Columbia Property secures initial lease at 799 Broadway - Columbia Property Trust (CXP) announced that it has secured a lease for two full floors at 799 Broadway, its new ground-up office development at the convergence of Manhattan's Greenwich Village and Union Square neighborhoods. The approximately 25,000-square-foot lease, the first to be secured at the 12-story building, was signed with Newrez, a technology-centric national mortgage lending and servicing organization owned by investment manager New Residential Investment Corp. (NRZ).
VIVXF

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06:33 EDT Avivagen to hold webcast on deal with AB Vista - Avivagen announced it will be holding a webcast on Wednesday, October 6th at 10:30 A.M. EDT to discuss its recent sales agreement with AB Vista that was announced on Friday, October 1, 2021.
TMQ

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06:32 EDT Trilogy Metals stakes three blocks of claims outside UKMP in Alaska - Trilogy Metals announced that it has staked three blocks of claims outside of the Upper Kobuk Mineral Projects, or UKMP, in northwestern Alaska. All three claim blocks, which are 100% owned by Trilogy, are strategically located along the route of the proposed Ambler Access Road and are prospective for Arctic-type volcanogenic massive sulphide, or VMS, deposits. The claims were staked earlier this year and in August the company carried out a preliminary reconnaissance of the claims. The three areas were identified by a systematic target generation study using publicly available geoscientific data from the State of Alaska as well as privately obtained historical exploration reports. Results of the reconnaissance program are being compiled and will be used to prepare a plan and budget for the 2022 field season.
SAGE BIIB

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06:32 EDT Sage Therapeutics, Biogen announce data from LANDSCAPE, NEST programs - Sage Therapeutics (SAGE) and Biogen (BIIB) announced new data from the LANDSCAPE and NEST clinical development programs evaluating the efficacy and safety of zuranolone for the treatment of major depressive disorder and postpartum depression presented at the 34th European College of Neuropsychopharmacology Congress, taking place October 2-5, 2021. Presentations include data from the WATERFALL Study, a Phase 3 placebo-controlled trial evaluating the efficacy and safety of zuranolone 50 mg in adults 18 to 64 years old with MDD as well as the open-label SHORELINE Study in MDD and cross-study analyses from across the LANDSCAPE and NEST programs. Collectively, the studies show reductions in depressive symptoms with zuranolone-treated patients such as consistent improvements in depressive mood, as well as rapid onset of significant effect by Day 3. Zuranolone has demonstrated a consistent safety profile in the totality of clinical data to date, with no evidence of withdrawal, weight gain, sexual dysfunction, euphoria, or sleep disruption; symptoms that are typically the cause of treatment discontinuation with current standard of care antidepressants. In pooled analyses from the LANDSCAPE and NEST programs of SF-36v2, a patient self-reported measure of general health, zuranolone treatment led to rapid improvement in quality of life and overall health across all functioning and well-being domains at Day 15 and across all domains at Day 42. Additional data presented summarized clinical data from the literature on onset of effect of current treatment options in MDD demonstrating there is a need for new treatment options with the potential for rapid response. "The collection of data presented at ECNP showcases the LANDSCAPE and NEST programs, in totality, where we have seen a very consistent and differentiated profile for zuranolone. The efficacy data across the clinical development programs have demonstrated a rapid onset of activity, consistent reductions in depressive symptoms and a two-week treatment regimen that may offer the potential to treat-as-needed. The data also include a robust safety database with more than 3,500 patients treated, showing that zuranolone has been well tolerated to date," said Steve Kanes, CMO at Sage Therapeutics. "We believe these data represent the potential for a benefit-risk profile for zuranolone that may be differentiated from the most prescribed depression drugs on the market, and may be welcomed by patients, if approved."
AZN DSNKY

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06:27 EDT FDA grants Breakthrough Therapy Designation to AstraZeneca's Enhertu - The company states: "The FDA has granted Enhertu, Breakthrough Therapy Designation in the U.S. for the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer who have received one or more prior anti-HER2-based regimens. Enhertu is a HER2-directed antibody drug conjugate jointly developed by AstraZeneca (AZN) and Daiichi Sankyo (DSNKY). The FDA granted BTD based on data from the DESTINY-Breast03 Phase III trial presented during the European Society for Medical Oncology Congress 2021. This is the second BTD for Enhertu in breast cancer and now brings the total number of BTDs to four for this medicine. The US FDA's BTD is designed to accelerate the development and regulatory review of potential new medicines that are intended to treat a serious condition and address a significant unmet medical need. The new medicine needs to have shown encouraging preliminary clinical results that demonstrate substantial improvement on a clinically significant endpoint over available medicines. In DESTINY-Breast03, Enhertu demonstrated a 72% reduction in the risk of disease progression or death compared to T-DM1 in patients with HER2-positive unresectable and/or metastatic breast cancer previously treated with trastuzumab and a taxane. Nearly all patients treated with Enhertu were alive at one year, 94.1%, compared to 85.9% of patients treated with T-DM1. Confirmed objective response rate more than doubled in the Enhertu arm versus the T-DM1 arm. The safety profile of Enhertu was consistent with previous clinical trials, with no new safety concerns identified and no Grade 4 or 5 treatment-related interstitial lung disease events."
TRU WMT

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06:19 EDT TransUnion appoints Susan Muigai as CHRO - TransUnion (TRU) has hired Susan Muigai as Executive Vice President, Chief Human Resources Officer, effective October 4. She will be responsible for leading TransUnion's human resource strategy and function and nurturing a high-performance culture to help achieve the company's vision and strategy. She will focus on all elements of organization transformation - structure, culture, employment brand, talent and engagement - as well as oversee HR fundamentals like compensation, benefits and HR systems. Muigai joins TransUnion from Walmart (WMT), where she served most recently as Senior Vice President, People, for Walmart International supporting 550,000 employees across 23 countries.
ZOM

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06:17 EDT Zomedica appoints Lary Heaton president, announces CEO succession plan - Zomedica announced that Larry Heaton has been appointed President effective October 1, 2021. Mr. Heaton will assume the role of CEO upon the retirement of current CEO Robert Cohen on October 31, 2021. Following his retirement, Mr. Cohen will remain on the Board of Directors of Zomedica. Most recently, Mr. Heaton was President, CEO and Director of Flowonix, a privately held company marketing implantable drug-delivery systems for the management of pain and spasticity.
CNI...

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06:15 EDT CN announces special meeting of shareholders on March 22 - CN announced that it has scheduled a Special Meeting of Shareholders in response to a requisition by CIFF Capital and TCI. The Special Meeting is scheduled to be held at 9:00 a.m. Eastern Time on Tuesday, March 22, 2022. TCI and CN have mutually agreed to the date of the Special Meeting. The company said, "CN remains committed to executing its ambitious, long-term, sustainable growth strategy, and is grateful for early expressions of support for this plan that it has received from valued shareholders, customers, partners and other key stakeholders. The Company has best-in-class corporate governance and a strong shareholder engagement program as it continues to focus on operational excellence, a customer-first culture, innovation and ESG leadership. CN's strategic plan follows a year of significant governance enhancements including the addition of three new independent directors and achieving gender parity among independent directors ahead of plan. At the Company's most recent Annual General Meeting, all directors received greater than 95% of votes in favour, and CN's say-on-pay resolution passed with 97.7% support. TCI's motives for its requisition are dubious...As recently as CN's AGM in April 2021, by all accounts it appears that TCI voted in favour of all resolutions, including director nominees, say-on-pay and the Climate Action Plan. It was only after CN disrupted TCI's and CP's plans for KCS with a revised bid that TCI increased its stake in CN and began attacking the company publicly to try to force its own agenda. The proxy contest initiated by TCI is misguided, costly and not in the best interest of CN's shareholders or its other stakeholders."
NGS

Hot Stocks

06:13 EDT Natural Gas Services announces reauthorization of $10M share repurchase program - Natural Gas Services Group announced that its Board of Directors has authorized the repurchase of up to $10M of its outstanding shares of common stock. The repurchase program will expire on September 30, 2022, subject to earlier termination of the program by the Board of Directors. As of September 30, 2021, the Company had approximately 13,183,262 common shares outstanding. This repurchase program authorization replaces the authorization of October 23, 2020 which expired on September 30, 2021. Under the former repurchase authorization, the Company repurchased a 478,769 shares of its common stock at an average price of $10.45 for a total of $5M including fees and expenses.
ENSG

Hot Stocks

06:12 EDT Ensign Group acquires two nursing facilities in Texas, one facility in Idaho - The Ensign Group announced that it acquired the operations of the following skilled nursing facilities in Texas and Idaho: River Pointe of Trinity Healthcare and Rehabilitation Center, a 98-bed skilled nursing facility located in Trinity, Texas; Park Village Healthcare and Rehabilitation, a 150-bed skilled nursing facility located in De Soto, Texas; and Skyline Transitional Care Center, a 80-bed skilled nursing facility located in Boise, Idaho. The acquisitions were effective October 1, 2021 and will be subject to a long-term, triple net lease. This acquisition brings Ensign's growing portfolio to 245 healthcare operations, 22 of which also include senior living operations, across thirteen states. Ensign owns 95 real estate assets.
BRY

Hot Stocks

06:10 EDT Berry Petroleum acquires Basic Energy Services' California operations - Berry Corporation announced the acquisition of Basic Energy Services' California operations, which includes the legacy C&J Well Services operations acquired by Basic in March 2020. The acquisition officially closed on October 1, 2021. The acquired businesses will operate as C&J Well Services, LLC, a wholly owned subsidiary of bry. The company said, "The acquisition creates a strategic growth opportunity for bry. It is a synergistic fit with the Company's strategy to work with the State of California's energy transition goals to reduce fugitive emissions from orphan and idle wells, including methane and CO2. The market potential for these services is currently estimated at approximately $6B." Bry's chairman and CEO Trem Smith stated, "bry recognizes the oil and gas industry's role in the energy transition and is determined to be part of the solution. Basic and C&J's collective 74-year history of profitable operations now constitutes one of the largest rig servicing and well abandonment providers in California with one of the best safety records in the service industry. We are proud to add these services and this group of talented people, which will operate as C&J Well Services, to our portfolio. Our winning bid of approximately $43M, subject to certain closing adjustments, equates to approximately 1.2 times legacy C&J's three-year average EBITDA, as well as management's projected 2021 EBITDA. We are excited to have C&J Well Services as part of the bry portfolio and will avail their capabilities to support California's goals for the energy transition. Together, we believe the new team is well positioned to be a leader in these efforts." Jack Renshaw will continue to lead this business as President of C&J Well Services, LLC, a newly formed company established as an independent entity from bry's E&P operations.
SOL

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06:08 EDT ReneSola receives environmental approval for 12 MW solar plant in Spain - ReneSola announced that it recently received the environmental approval for its 12 MW solar plant located in the municipality of Caravaca in the region of Murcia in Southern Spain. The environmental approval is a milestone towards bringing the project to the "ready-to-build" phase. Construction is expected to begin in early 2022. Additionally, the company has opened a sales and business development office in Madrid, Spain to expand its sales network and customer service capabilities in the region.
KCAC WBX

Hot Stocks

06:07 EDT Kensington Capital Acquisition, Wallbox complete business combination - Wallbox (WBX) announced it has completed its business combination with Kensington Capital Acquisition Corp. II (KCAC), a special purpose acquisition company. The business combination was approved by Kensington stockholders in a special meeting held on September 30, 2021 and formally closed on October 1, 2021. Wallbox shares will start trading today on the NYSE under the ticker symbol "WBX" and warrants will trade under the ticker symbol "WBX.WS". allbox offers EV charging and energy management solutions for residential, semi-public and public use. The company's product line-up includes Quasar, the world's first DC bidirectional charger for home use; Supernova and Hypernova, DC fast and ultrafast chargers for public use; and a suite of AC charging solutions and smart energy management software. Ahead of budgeted expectations, Wallbox closed the first half of 2021 with more than 300% YoY revenue growth, propelled by its global expansion, an array of strategic alliances and steadily growing market tailwinds for EVs and charging infrastructure worldwide. With nine offices across three continents and a presence in more than 80 countries, Wallbox has sold more than 200,000 charging units since its founding in 2015. One of the only truly global players in its industry, Wallbox operates a vertically integrated supply chain, managing its production internally. This has allowed Wallbox better gross margins over its peers in the EV charging market, and has enabled the company to sustain production despite COVID and global chip shortage-related supply challenges. The company currently manufactures its products in Europe and China, and recently announced the addition of a U.S. manufacturing facility in Arlington, Texas, which is slated to begin production in 2022. The transaction will result in gross proceeds of approximately $252M to Wallbox. Funds from the transaction are expected to support the company's strategic growth initiatives, including accelerated expansion in the U.S. by increasing investment in the product development and certifications, while also maintaining its path to profitability.
ESTE

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06:05 EDT Earthstone Energy to acquire Midland Basin assets for $73.2M - Earthstone Energy announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin from two sellers unaffiliated with Earthstone. The aggregate purchase price of the bolt-on acquisition is approximately $73.2M consisting of $49.2M in cash, subject to customary purchase price adjustments, and approximately 2.6M shares of Earthstone's Class A common stock valued at $24M based on a closing share price of $9.20 on September 30. The bolt-on acquisition is expected to close by the middle of the Q4 with an effective date of July 1. Assets include average daily production of 4,400 Boepd during September and projected next twelve months adjusted EBITDAX of approximately $42M with $116M PDP PV-10 as of July 1 as well as associated reserves of approximately 13.3 MMBoe. The consideration for the transaction consists of 2,611,111 shares of Earthstone's Class A common stock, which represents approximately 3% of the total outstanding Class A and Class B common stock on a pro forma basis, and approximately $49.2M of cash, subject to customary purchase price adjustments from the July 1 effective date to closing. Earthstone intends to fund the cash portion of the consideration and fees and expenses with cash on hand and borrowings under its revolving credit facility, which currently has a borrowing base of $650M. As of August 31 and adjusting for the current borrowing base of $650M, Earthstone had liquidity of approximately $365M based on the $363.4M of undrawn borrowing base capacity and $1.2M in cash.
FREY TSLA

Hot Stocks

06:05 EDT Freyr Battery hires three sales professionals from Tesla - FREYR Battery (FREY) has hired three senior sales professionals to its Energy Storage System sales team. Zukui Hu, Valentin Rota and Guillaume Mancini join FREYR from Tesla (TSLA). At FREYR, they will be responsible for sales in the company's ESS market segment. Zukui Hu joins FREYR as Vice President Sales, ESS. At Tesla, Mr. Hu most recently led the EMEA Energy Storage sales unit for grid scale, commercial, industrial, and microgrid applications. Valentin Rota joins FREYR as Sales and Business Development Director, ESS. Mr. Rota brings 10 years of business development and sales experience in the renewable energy sector, having worked extensively with battery energy storage systems, wind power, and solar power at Tesla and at Siemens. Guillaume Mancini joins FREYR as Application Engineering Director, ESS. He brings eight years of experience in engineering of energy storage systems, having worked across research, technical sales, design, construction, and operations of battery energy storage systems throughout the EMEA region at Tesla and at EDF.
MAXR

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06:03 EDT Maxar Technologies awarded G-EGD contract renewal by U.S. government - Maxar Technologies announced it has been awarded an Option Year 2 contract renewal by the U.S. National Geospatial-Intelligence Agency for the Global Enhanced GEOINT Delivery program. The contract, which began September 1, 2021, is valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176M. With this award, Maxar will continue to provide more than 400,000 U.S. government users with unclassified, online and offline, on-demand access to high-resolution commercial imagery from Maxar in addition to geospatial data from other industry providers. Since 2011, the G-EGD program has enabled warfighters, first responders, intelligence analysts and civil government users to tap into Maxar's 125-petabyte historical imagery library and daily imagery collections for time-sensitive, mission-critical planning and operations.
AMPY

Hot Stocks

05:48 EDT Amplify Energy announces oil spill off coast of Southern California - Amplify Energy announced that on Saturday, October 2, Beta Offshore, a subsidiary of Amplify Energy, first observed and notified the U.S. Coast Guard of an oil sheen approximately four miles off the coast in Southern California and initiated its Oil Spill Prevention and Response Plan. The company has sent a remotely operated vehicle, or ROV, to investigate and attempt to confirm source of the release. As a precautionary measure, all of the Company's production and pipeline operations at the Beta Field have been shut down.
GLPG GILD

Hot Stocks

05:46 EDT Galapagos completes DIVERSITY patient enrollment, assumes responsibility - Galapagos (GLPG) announced randomization of the last patient into the multi-center, global DIVERSITY Phase 3 study. The study is designed to evaluate the efficacy and safety of filgotinib, a JAK1 preferential inhibitor, in the induction and maintenance of remission in patients with Crohn's Disease, or CD. The DIVERSITY study enrolled 1,374 participants with moderately to severely active CD, including biologic-naive and biologic-experienced patients. In agreement with Gilead (GILD), Galapagos will assume sponsorship of and operational and financial responsibility for the ongoing DIVERSITY clinical study, evaluating filgotinib in CD, and its long-term extension study. The parties intend to complete the transfer no later than June 30, 2022. Under the terms of the agreement and upon completion of the transfer, Gilead will make a one-time payment of $15M to Galapagos in consideration for Galapagos assuming responsibility for the DIVERSITY clinical study. From April 1, 2022, Galapagos will also be solely responsible for all development costs for the DIVERSITY clinical study. In addition, if the European Medicines Agency grants regulatory approval of filgotinib for the treatment of CD based on data from the DIVERSITY trial, then royalties payable by Galapagos to Gilead will be reduced by 30% across all filgotinib indications and will become 5.6 to 10.5% of net sales in Europe. These royalties are payable as of 2024. Gilead remains responsible for commercial activities outside of Europe.
BPTS

Hot Stocks

05:41 EDT Biophytis announces full results from Sarconeos trial at ICFSR - Biophytis announced the full results from the SARA-INT Phase 2 trial of Sarconeos in Sarcopenia that have been presented at the International Conference on Frailty and Sarcopenia Research, or ICFSR. The effect of two doses of Sarconeos, 175 mg bid and 350 mg bid, have been compared to placebo in the full analysis dataset and in the per-protocol population as well as in sub-populations of patients. Sarconeos at the highest dose of 350 mg bid showed a clinically meaningful improvement of 0.09 m/s in the FAS population and of 0.10 m/s in the PP population compared to placebo, for the 400MWT in gait speed after six months of treatment. This effect is close to the Minimal Clinically Important Difference, or MCID, in sarcopenia known to be associated with a reduction in mobility disability and mortality in elderly. Sarconeos at 350mg bid showed very promising treatment effect on the 400MWT gait speed in sub-population at higher risk of mobility disability such as slow walkers, obese subgroup, chair stand sub-score less than or equal to two of the SPPB. A trend towards a dose-dependent effect, although not significant, was observed, on the following secondary endpoints: Handgrip Strength and 6-Minute Walk Distance, or 6MWD, test. Further analyses, e.g. on correlations between clinical endpoints and other parameters, biomarkers and actimetry are ongoing and will be communicated later in scientific congresses. Sarconeos showed a safety profile after up to nine months of dosing, with no significant differences between treatment arms and placebo for adverse events, Serious adverse events, biliary imaging studies, safety laboratory parameters and vital signs including ECG. The COVID-19 pandemic and its related restrictions had a significant impact on the conduct of the study, with 55% of total participants not allowed to perform their on-site end of study visit, despite the extension of their treatment period. This situation had an impact on the power of the study, can largely explain high level of variability observed and the difficulty to reach statistical significance for secondary endpoints, especially in the FAS population, the company stated. Based on preliminary discussions with Key Opinion Leaders during the ICFSR conference, Biophytis is now preparing to start a phase 3 program in 2022 with Sarconeos at the highest dose, targeting a population of sarcopenic patient at high risk of mobility disability similar to SARA-INT population, with similar endpoints, including the 400 MWT gait speed as primary end-point. The proposed program will be discussed with FDA and EMA, including during end-of-phase 2 meetings to be held later this year. Sarconeos has the potential to become the first drug to be approved for the treatment of Sarcopenia.
PERI

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05:29 EDT Perion Network acquires Vidazoo for $93.5M - Perion Network announced the acquisition of Vidazoo, a technology company that enables both advertisers and publishers to deliver high impact content and advertising to consumers. Perion acquired Vidazoo for a total amount of $93.5M, consisting of $35M in cash upon closing with an additional maximum of $58.5M structured as a performance earn-out, if certain EBITDA-based targets are achieved. Vidazoo, founded in 2014 by Daniel Slivkin, Gal Dagan and Roman Svichar, and headquartered in Tel Aviv, is a video monetization platform which allows digital publishers to generate new, incremental revenue through its set of video products. Under the terms of the acquisition agreement, Perion has acquired all the shares of Vidazoo for $35M in cash upon closing, with an additional maximum of $58.5M structured as a performance earn-out through 2023. The earn-outs are tied to EBITDA-based metrics that would be paid in full if Vidazoo generates $32.4M of adjusted EBITDA in aggregate, through the end of 2023. If Vidazoo achieves all of its performance goals through 2023, the total maximum consideration would be $93.5M.
NMRK

Hot Stocks

05:26 EDT Newmark acquires majority stake of Deskeo, terms undisclosed - Newmark announced the expansion of its flexible office platform internationally. Newmark has acquired a majority stake of the start-up Space Management doing business as Deskeo, a flexible and serviced office space company. Based in Paris, Deskeo adds over 50 locations to Newmark's international flexible office portfolio. The operator's portfolio will now leverage Newmark's global corporate services, or GCS, group, which provides a suite of workplace services to companies worldwide. Deskeo offers flexible leasing for on-demand and tailored large-format workspaces and the services associated with the provision of those spaces. It is a plug-in extension to the GCS suite of services and provides Newmark with additional sites and resources in western Europe. The company was founded in 2016 by Benjamin Teboul and Frank Zorn. The pair will continue to lead Deskeo with Newmark.
H

Hot Stocks

05:21 EDT Hyatt opens first JdV by Hyatt branded hotel in Italy - Hyatt announced the opening of the first JdV by Hyatt branded hotel in Italy - The Tribune Hotel. The newly renovated property, operated by AG Group's AG Hotels, features 52 bedrooms. It joins Hyatt's existing portfolio in Italy.
ARGO

Hot Stocks

05:19 EDT Argo Group to sell Brazilian operations to Spice Private Equity for R$160M - Argo Group announced an agreement to sell its Brazilian operations, Argo Seguros Brasil, to Spice Private Equity, an investment company focused on global private equity investments, for a purchase price of 160M Brazilian Reais, subject to the terms of the purchase agreement. Spice PE's investments are managed by GP Advisors, a wholly-owned subsidiary of GP Investments. Closing of the transaction is subject to regulatory approval and is expected to occur by the end of 2021.
AMZN

Hot Stocks

05:16 EDT Amazon announces start of Black Friday deals - Amazon has released "Black Friday-worthy" deals, giving customers the opportunity to start shopping now. The company is hiring for 125,000 regular full-time and part-time jobs in fulfillment and logistics in cities and towns across the U.S.
STG

Hot Stocks

05:12 EDT Sunlands Online regains compliance with NYSE - Sunlands announced that it has received a notification letter from the New York Stock Exchange dated October 1, informing the company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual.
AJG

Hot Stocks

05:09 EDT Arthur J. Gallagher acquires Manchester Underwriting Agencies, terms undisclosed - Arthur J. Gallagher announced that its specialist underwriting subsidiary Pen Underwriting has acquired 100% of UK-based Manchester Underwriting Agencies and its wholly owned subsidiary, Manchester Underwriting Management, or MUM. Terms of the transaction were not disclosed. Founded in 2010 by Charles Manchester as a specialist underwriting agency, MUM has grown organically and through bolt-on acquisitions into a managing general agent with five locations in the UK. MUM specializes in providing professional indemnity and management liability coverages for SMEs through its independent retail broker clients. The business will become part of Pen Underwriting and Charles Manchester will continue to lead MUM.