Stockwinners Market Radar for November 24, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
EXAS | Hot Stocks20:22 EST Cathie Wood's ARK Investment bought 237.7K shares of Exact Sciences today
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GENI | Hot Stocks20:20 EST Cathie Wood's ARK Investment bought 684.8K shares of Genius Sports on Wednesday
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HOOD | Hot Stocks20:19 EST Cathie Wood's ARK Investment bought 233.4K shares of Robinhood on Wednesday
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SUPN | Hot Stocks19:00 EST Supernus targeted in ransomware incident - Supernus Pharmaceuticals announced that it was the recent target of a ransomware attack. The attack had no significant impact on the business and did not cause any serious disruption to the company's operations. The company continues to operate without interruption and does not currently anticipate paying any ransom amounts to any criminal ransomware group. The company currently believes the incident began around mid-November, 2021. Based on the preliminary results of the ongoing investigation, the company believes the criminal ransomware group encrypted certain files on the company's systems, deployed malware to impede access to the company's systems, and thereafter threatened to publish certain data copied from the company's systems. Upon detection of the ransomware, the company notified government authorities, engaged cybersecurity experts and its outside law firm, and commenced its recovery process. The company successfully recovered the impacted files and has taken additional steps designed to further protect its networks and files. To date, the company has not paid any ransom and has been able to restore all of the information encrypted by the criminal ransomware group. Although to date the Company's business and operations have not been significantly impacted by the incident, there is no assurance that further attacks may not significantly impact the Company's business or operations and that information improperly obtained by the criminal ransomware group may not be exploited by the criminal ransomware group or other third parties. The Company will take appropriate action to protect any stolen confidential information and will continue to investigate the incident and monitor the situation going forward.
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BCRX | Hot Stocks18:42 EST BioCryst CFO buys 35K shares of common stock - In a regulatory filing, BioCryst disclosed that its CFO Anthony Doyle bought 35.3K shares of common stock on November 23rd in a total transaction size of $440K, boosting his stake by about 60%. Shares of BioCryst are up 3.0% afterhours at $12.88 per share.
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INFU | Hot Stocks17:49 EST InfuSystem director Sansone sells $1.4M in company shares - InfuSystem director Christopher Sansone disclosed in a regulatory filing that he had sold 80,000 shares of company stock at $17.73 per share on November 22, for a total transaction value of $1,418,400.
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CANO | Hot Stocks17:49 EST Cano Health CEO buys 8K shares of common stock - As previously reported, Cano Health disclosed that its CEO Marlow Hernandez bought 8K shares of common stock in a total transaction size of $77.2K.
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RDFN | Hot Stocks17:44 EST Redfin sees home prices in four-week period up 14% y/y - The company states: "Home prices hit a new all-time high of $359,975 in the four-week period ending November 21, according to a new report from Redfin. This was up 14% year over year, the largest increase since early September. Prices have risen in the past month nearly four times faster than they did at the same time last year. The unseasonable surge in home prices appears to be drawing in more sellers, as the number of homes listed for sale was down less than 3% from 2020, and up 11% from 2019."
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NVEE... | Hot Stocks17:32 EST NV5 Global to replace Raven in the S&P 600 at open on 12/2 - NV5 Global (NVEE) will replace Raven Industries (RAVN) in the S&P SmallCap 600. CNH Industrial (CNHI) is acquiring Raven Industries in a transaction expected to be completed on November 30.
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CARS... | Hot Stocks17:31 EST Cars.com to replace DSP Group in the S&P 600 at open on 12/2 - Cars.com (CARS) will replace DSP Group (DSPG) in the S&P SmallCap 600. S&P MidCap 400 constituent Synaptics (SYNA) is acquiring DSP Group in a deal expected to be completed on December 2.
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KAR... | Hot Stocks17:29 EST KAR Auction to replace Meredith in the S&P 600 at open on 12/2 - Bruker BioSciences Corp. (BRKR) will replace KAR Auction Services (KAR) in the S&P MidCap 400, and KAR Auction Services will replace Meredith Corp. (MDP) in the S&P SmallCap 600. Meredith is being acquired in a two-step transaction that is expected to be completed on or about December 1. KAR Auctions is more representative of the small-cap market space.
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BRKR... | Hot Stocks17:28 EST Bruker to replace KAR Auction in the S&P 400 at open on 12/2 - Bruker BioSciences Corp. (BRKR) will replace KAR Auction Services (KAR) in the S&P MidCap 400, and KAR Auction Services will replace Meredith Corp. (MDP) in the S&P SmallCap 600. Meredith is being acquired in a two-step transaction that is expected to be completed on or about December 1. KAR Auctions is more representative of the small-cap market space.
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GD | Hot Stocks17:19 EST General Dynamics awarded $149.35M Navy contract modification - General Dynamics was awarded a $149.35M cost-plus-award-fee modification against previously awarded contract for DDG planning yard services. Work will be performed in Bath, Maine and is expected to be completed by January 2023. FY22 operations and maintenance funding in the amount of $889,173 will be obligated at time of award and will expire at the end of the current fiscal year. The Supervisor of Shipbuilding, Conversion, and Repair is the contracting activity.
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BA | Hot Stocks17:17 EST Boeing awarded $212.63M U.S. Special Operations Command contract - Boeing was awarded a $212.63M cost-plus fixed fee and firm-fixed-price modification to an existing delivery order contract to procure six MH47-G renew rotary wing aircraft and eight spare shipsets in support of U.S. Special Operations Command. FY21 procurement; and aircraft procurement, Army funds in the amount of $212.63M are being obligated at the time of award. The majority of the work will be performed in Ridley Park. This delivery order modification is a noncompetitive award and is in accordance with Federal Acquisition Regulation 6.302.1. U.S. Special Operations Command is the contracting activity.
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OSK | Hot Stocks17:15 EST Oshkosh awarded $591.61M Army contract modification - Oshkosh was awarded a $591.61M modification to a contract for 1,669 Joint Light Tactical Vehicle trucks, 868 JLTV trailers and associated kits and parts. Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of August 31, 2023. FY20 and FY22 other procurement, Army funds; FY22 other procurement, Marine Corps funds; FY22 other procurement, Air Force funds; FY22 other procurement, Navy funds and fiscal FY22 Foreign Military Sales funds in the amount of 591,605,517 were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
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BERY | Hot Stocks17:05 EST Berry Global announces $50M accelerated share repurchase plan - Berry Global announced an agreement to repurchase $50M of its outstanding common shares in an accelerated share repurchase transaction using available cash on hand. Under the ASR agreement, Berry will pay $50M in exchange for the majority of the shares covered under the agreement. The final number of shares to be repurchased under the ASR will be based on the company's volume-weighted average share price during the repurchase period, less a discount and subject to adjustments. The final settlement of the ASR transaction is expected to occur in the company's December 2021 first fiscal 2022 quarter.
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DDOG | Hot Stocks16:37 EST Datadog director Shah sells $2.4M in company shares - Datadog director Shardul Shah disclosed in a regulatory filing that he had sold 13,506 shares of company stock at $178.00 per share on November 23, for a total transaction value of $2,404,068.
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ALF | Hot Stocks16:32 EST Alfi discloses Nasdaq non-compliance notice due to late 10-Q - Alfi "announced that it has received a notice from the Listing Qualifications Department of The Nasdaq Stock Market stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the company failed to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 with the Securities and Exchange Commission . The Notice has no immediate effect on the listing or trading of the Company's securities. However, if the Company fails to timely regain compliance with the Rule, then the Company's securities will be subject to delisting from Nasdaq."
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LEE | Hot Stocks16:19 EST Lee Enterprises adopts limited-duration shareholder rights plan - Lee Enterprises announced that its Board of Directors has unanimously adopted a limited-duration shareholder rights plan. The Rights Plan is effective immediately. The limited-duration Rights Plan was adopted in response to an unsolicited and non-binding proposal to acquire the company made by Alden Global Capital on November 22. In adopting the Rights Plan, the Board noted Alden's track record of rapidly acquiring substantial control or "negative control" positions in other public companies and its seemingly inconsistent disclosures on its Schedule 13Ds and Form 13Fs filed with the U.S. SEC regarding its purported ownership of Lee's shares. The Rights Plan has a one-year term, expiring on November 23, 2022. The Board may consider an earlier termination of the Rights Plan as circumstances warrant.
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SELB | Hot Stocks16:17 EST Selecta Biosciences discloses clinical hold from FDA in SEL-302 trial - Selecta Biosciences "announced that the FDA has placed a clinical hold on its Phase 1/2 clinical trial of SEL-302, (which consists of MMA-101 plus ImmTOR, for the treatment of patients with methylmalonic acidemia, or MMA. On November 23, Selecta received a letter from the FDA issuing a clinical hold in order to obtain additional information on the chemistry, manufacturing and controls, or CMC, related to the MMA-101 product candidate. There were no outstanding clinical or pre-clinical questions in the FDA letter. This clinical trial had not yet been initiated, and no human patients will be dosed with MMA-101 until all of the FDA's questions are resolved. Selecta intends to work closely with the FDA to address the requests for additional information."
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CVBF | Hot Stocks16:16 EST Citizens Business Bank receives regulatory approvals to acquire Suncrest Bank - CVB Financial, the holding company for Citizens Business Bank, announced that Citizens has received regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation, respectively, to complete its announced merger with Suncrest Bank headquartered in Visalia, California. Subject to satisfaction of all remaining closing conditions, the parties anticipate consummating the merger on or about January 7, 2022.
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KRBP | Hot Stocks16:15 EST Kiromic BioPharma receives late filing notice from Nasdaq - Kiromic BioPharma received a written notice on November 18 from the Nasdaq Listing Qualifications Department advising the company that it was not in compliance with Nasdaq's continued listing requirements as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30 in a timely manner. The company was unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense. The company has 60 calendar days to submit a plan to regain compliance with the Rule. If Nasdaq accepts the company's plan, then Nasdaq may grant an exception of up to 180 calendar days or until May 16, 2022, to regain compliance. The notice has no immediate effect on the listing or trading of the company's securities. The company intends to file the Form 10-Q with the SEC as promptly as practicable.
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NVGS | Hot Stocks16:11 EST Navigator Holdings gets approval for new CO2-carrying vessel designs - Navigator Holdings announced that Dan-Unity CO2 A/S Navigator's 50/50 joint venture with Evergas A/S received approval in principle from Classification Society American Bureau of Shipping for its new 12,500 cubic metre capacity and 22,000 cubic metre capacity CO2-carrying vessel designs, provided by TGE Marine. Oeyvind Lindeman, Navigator's Chief Commercial Officer, commented: "We are pleased to announce this important milestone which will enable Navigator's Dan-Unity CO2 joint venture to consider the next step in the process of developing these CO2 carriers."
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CLBK | Hot Stocks16:09 EST Columbia Financial and Freehold get U.S regulatory approvals for transaction - Columbia Bank and Freehold Bank have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbia's acquisition of Freehold. The transaction is expected to close on December 1 and is subject to customary closing conditions.
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CSII | Hot Stocks16:05 EST Cardiovascular Systems initiates recall of WIRION system - The company states: "Cardiovascular Systems has initiated a voluntary recall of unused WIRION Embolic Protection Systems due to complaints of filter breakage during retrieval. CSI has informed all affected healthcare facilities to discontinue use of WIRION immediately and return unused product to CSI. The U.S. Food and Drug Administration has also been notified. To date, CSI has received 9 complaints of filter breakage during retrieval. Filter breakage may result in device embolism and possible additional intervention. The company plans to voluntarily recall all WIRION units currently in customer inventory. In total, 697 devices were distributed in the U.S. between March 22, 2021 and November 15, 2021."
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ORAN | Hot Stocks14:52 EST Orange board accepts resignation of CEO Stephane Richard - Following the verdict reached by the Paris Appeal Court, Orange's board met today and took note of Stephane Richard's decision to hand over his mandate as Chairman and CEO. The board has accepted his resignation. This will take effect once the new governance structure has been appointed and at the latest by 31 January 2022. Richard will continue in his role until this date. The board said it will "continue the recruitment process initiated a few months ago in order to appoint and implement the new governance."
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CNI... | Hot Stocks13:56 EST North American rail traffic dropped 8.7% in week ended November 20 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending November 20. For this week, total U.S. weekly rail traffic was 508,309 carloads and intermodal units, down 4.9% compared with the same week last year. Total carloads for the week ending November 20 were 237,244 carloads, up 1.6% compared with the same week in 2020, while U.S. weekly intermodal volume was 271,065 containers and trailers, down 10% compared to 2020. North American rail volume for the week ending November 20 on 12 reporting U.S., Canadian and Mexican railroads totaled 329,398 carloads, down 2.3% compared with the same week last year, and 338,380 intermodal units, down 14.2% compared with last year. Total combined weekly rail traffic in North America was 667,778 carloads and intermodal units, down 8.7%. North American rail volume for the first 46 weeks of 2021 was 31,833,619 carloads and intermodal units, up 5.8% compared with 2020. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP) FreightCar America (RAIL), Trinity Industries (TRN), Greenbrier (GBX), and Wabtec (WAB). Reference Link
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DTE ENB | Hot Stocks13:28 EST FTC approves modification related to Nexus Gas Transmission deal - Following a public comment period, the Federal Trade Commission has approved a petition by DTE Energy (DTE) to reopen and modify the FTC's 2019 final order. The order remedied the agency's competition concerns arising from the acquisition of Generation Pipeline by Nexus Gas Transmission, a natural gas joint venture formerly between DTE and Enbridge (ENB). It required the parties to remove a non-compete clause from the sales agreement prior to closing and prohibited Nexus, DTE, and Enbridge from participating in any agreement that restricts competition with another provider of natural gas pipeline transportation in parts of the Ohio counties of Lucas, Ottawa, and Wood. Reference Link
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NVCN | Hot Stocks13:26 EST Neovasc granted grace period for Nasdaq bid price compliance - Neovasc said it has received written notification from the Nasdaq Stock Market LLC informing the company that Nasdaq has granted an additional 180 calendar day period within which to evidence compliance with the $1.00 bid price requirement following the expiration of the current compliance period on November 22, 2021. The Nasdaq Notice does not impact the company's listing on the Nasdaq Capital Market at this time. The company has been provided an additional 180 calendar days, or until May 23, 2022, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the company's common shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event the company does not regain compliance by May 23, 2022, the company may face delisting, it said.
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BKR | Hot Stocks13:04 EST Baker Hughes reports U.S. rig count up 6 to 569 rigs - Baker Hughes reports that the U.S. Rig Count is up 6 from last week to 569 with oil rigs up 6 to 467, gas rigs unchanged at 102, and miscellaneous rigs unchanged at 0. The U.S. Rig Count is up 249 rigs from last year's count of 320, with oil rigs up 226 gas rigs up 25 and miscellaneous rigs down 2. The U.S. Offshore Rig Count is unchanged at 15, up 3 year-over-year. The Canada Rig Count is up 4 from last week to 171, with oil rigs up 4 to 106, gas rigs unchanged at 65. The Canada Rig Count is up 69 rigs from last year's count of 102, with oil rigs up 68, gas rigs up 1.
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INBX | Hot Stocks12:58 EST Inhibrx treatment of Chondrosarcoma granted FDA orphan designation - Inhibrx was granted FDA orphan designation for its treatment of Chondrosarcoma, according to a post to the agency's website. Reference Link
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AVRO | Hot Stocks12:56 EST Avrobio treatment of Hunter syndrome granted FDA orphan designation - Avrobio was granted FDA orphan designation for its treatment of Hunter syndrome, Mucopolysaccharidosis type II, or MPS II, according to a post to the agency's website. Reference Link
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PLAN | Hot Stocks12:01 EST Anaplan falls -19.2% - Anaplan is down -19.2%, or -$10.00 to $42.06.
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GPS | Hot Stocks12:00 EST Gap falls -22.3% - Gap is down -22.3%, or -$5.25 to $18.26.
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JWN | Hot Stocks12:00 EST Nordstrom falls -28.9% - Nordstrom is down -28.9%, or -$9.22 to $22.70.
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TUYA | Hot Stocks12:00 EST Tuya rises 13.6% - Tuya is up 13.6%, or 68c to $5.67.
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GES | Hot Stocks12:00 EST Guess rises 14.6% - Guess is up 14.6%, or $3.12 to $24.42.
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RLX | Hot Stocks12:00 EST RLX Technology rises 15.3% - RLX Technology is up 15.3%, or 76c to $5.73.
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FCEL TM | Hot Stocks10:46 EST FuelCell hydrogen fuel cells to produce 2.35MW daily to support Toyota trucks - FuelCell (FCEL) said via Twitter that, "At the Port of Long Beach, @FuelCell_Energy's hydrogen fuel cells will produce 2.35 megawatts of electricity and 1.2 tons of hydrogen per day to support @Toyota's [TM] heavy-duty #fuelcell trucks before they leave the processing center. #zeroemissions #decarbonize" Reference Link
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BENE | Hot Stocks10:30 EST Benessere Capital Acquisition Corp trading resumes
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DE | Hot Stocks10:24 EST Deere sees new union deal having pretax costs of $25M-$300M per year
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SO | Hot Stocks10:20 EST Southern Power says Glass Sands Wind Facility is operational - Southern Power announced that the 118-megawatt Glass Sands Wind Facility in Murray County, Oklahoma, is now operational. This project, Southern Power's 15th wind facility, is Southern Power's fifth wind facility in Oklahoma, and it contributes to the company's growing fleet of clean energy resources from California to Maine. Glass Sands Wind Facility consists of 28 wind turbines manufactured by Vestas. The electricity and associated renewable energy credits generated by the facility will be sold under a power purchase agreement with Amazon. With the addition of Glass Sands, Southern Power's wind portfolio consists of more than 2,534 MW of wind generation. Southern Power's wind facilities are a part of the company's 4,930-MW renewable fleet, which consists of 43 solar and wind facilities operating or under construction.
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DE | Hot Stocks10:14 EST Deere sees demand exceeding industry's ability to produce next year
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DE | Hot Stocks10:13 EST Deere: Farmer sentiment 'remains steady at all-time' highs - Comments taken from Q4 earnings conference call.
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BENE | Hot Stocks10:06 EST Benessere Capital Acquisition to merge with eCombustible Energy - Benessere Capital Acquisition and eCombustible Energy announced that the companies have entered into a definitive business combination agreement, providing for a business combination that will result in eCombustible Energy becoming a public listed company, subject to regulatory and stockholder approval and other customary closing conditions. Upon completion of the proposed transaction, the combined company is expected to operate under the name eCombustible Energy Corp. and list on Nasdaq Capital Market under the ticker symbol "ECEC". Founded in 2010 by Miami-based entrepreneur and investor Jorge Arevalo, eCombustible Energy offers a long-term fuel supply solution that is designed to provide the world's most fossil fuel-dependent industries with a fuel that is carbon-free, cost-competitive, and requires little to no modification to existing customer equipment. The efficacy of its hydrogen-based fuel, eCombustible, has been validated through testing and independent assessments by third-party engineering firms and experts. Benessere is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with technology-focused, middle-market and emerging-growth companies in North, Central and South America. Led by CEO Patrick Orlando, Benessere was drawn to eCombustible Energy given the immense need for and potential of decarbonizing industries. Benessere raised $115 million in its initial public offering earlier this year, and approximately $116.5 million is now held in a trust account for the benefit of Bennessere's public stockholders. Under the terms of the proposed transaction announced today, a newly formed successor to Benessere will issue shares of its common stock with an aggregate value of $805M, subject to adjustment, to current securityholders of eCombustible Energy upon the closing of the proposed transaction. These eCombustible Energy securityholders may also receive, subject to the terms of the business combination agreement, up to an additional 59 million shares of Benessere common stock based on the daily volume weighted average share price of the combined company's common stock in any 20 trading days within a 30 trading day period beginning on the closing of the transaction and ending on the 30-month anniversary of the closing, as follows: 29.5 million shares if the share price exceeds $12.50 prior to such 30-month anniversary and an additional 29.5 million shares if the share price exceeds $15.00 prior to such 30-month anniversary. The transaction is subject to approval by stakeholders of Benessere and eCombustible Energy and other customary closing conditions, including applicable regulatory approvals. Additional information about the transaction will be provided in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission and available at www.sec.gov. The description of the business combination contained herein is only a summary and is qualified in its entirety by reference to the definitive business combination agreement. In addition, Benessere intends to file a registration statement on Form S-4 with the SEC, which will include a proxy statement/prospectus of Benessere, and will file other documents regarding the proposed business combination with the SEC.
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MUX | Hot Stocks10:01 EST Certarus enters long-term agreement with McEwen Mining - Certarus has entered into a long-term agreement with McEwen Mining to convert and supply the Fox Complex in Matheson, Ontario with compressed natural gas for mine air heating in the underground ventilation system. CNG will be used to replace propane as the primary fuel for heating at both the Froome and Black Fox Mines. CNG is a high-performance, lower carbon fuel alternative that offers cost savings and emission reduction benefits. In addition to helping to lower the mine's carbon footprint, the flexibility of Certarus' mobile decompression and storage equipment also allows for the CNG fueling system to be removed in the summer months when it is no longer required for mine air heating.
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PLAN | Hot Stocks10:00 EST Anaplan falls -18.3% - Anaplan is down -18.3%, or -$9.54 to $42.52.
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GPS | Hot Stocks10:00 EST Gap falls -22.2% - Gap is down -22.2%, or -$5.21 to $18.30.
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JWN | Hot Stocks10:00 EST Nordstrom falls -26.1% - Nordstrom is down -26.1%, or -$8.32 to $23.61.
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HPQ | Hot Stocks10:00 EST HP Inc. rises 9.4% - HP Inc. is up 9.4%, or $3.03 to $35.22.
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GES | Hot Stocks10:00 EST Guess rises 13.3% - Guess is up 13.3%, or $2.84 to $24.14.
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LOCL | Hot Stocks10:00 EST Local Bounti rises 13.9% - Local Bounti is up 13.9%, or $1.11 to $9.12.
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VIRX | Hot Stocks09:57 EST Viracta granted FDA orphan designation for nanatinostat and valganciclovir - Viracta was granted FDA orphan designation for nanatinostat and valganciclovir as a treatment of Epstein Barr Virus-positive diffuse large B-cell lymphoma, not otherwise specified, according to a post to the agency's website. Reference Link
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PLAN | Hot Stocks09:47 EST Anaplan falls -21.7% - Anaplan is down -21.7%, or -$11.31 to $40.75.
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GPS | Hot Stocks09:47 EST Gap falls -22.4% - Gap is down -22.4%, or -$5.27 to $18.24.
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JWN | Hot Stocks09:47 EST Nordstrom falls -24.3% - Nordstrom is down -24.3%, or -$7.76 to $24.17.
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GES | Hot Stocks09:47 EST Guess rises 10.3% - Guess is up 10.3%, or $2.20 to $23.50.
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PSTG | Hot Stocks09:47 EST Pure Storage rises 11.0% - Pure Storage is up 11.0%, or $3.01 to $30.29.
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LOCL | Hot Stocks09:47 EST Local Bounti rises 13.4% - Local Bounti is up 13.4%, or $1.08 to $9.09.
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INOV | Hot Stocks09:46 EST Equity consortium led by Nordic Capital completes acquisition of Inovalon - Inovalon announced the completion of its acquisition by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital, and Inovalon founder and chief executive officer Keith Dunleavy, M.D. and certain Class B stockholders of Inovalon. The acquisition was previously announced on August 19, 2021, and was approved by Inovalon's stockholders on November 16, 2021. In accordance with the terms of the agreement, Inovalon stockholders will receive $41.00 in cash for each share of Class A Common Stock and Class B Common Stock. As a result of the transaction, Inovalon is now a privately held company and shares of Inovalon Class A Common Stock are no longer listed on the Nasdaq Global Select Market.
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BLIN | Hot Stocks09:45 EST Bridgeline Digital signs multi-year agreement with sales intelligence company - Bridgeline Digital announced that their DataBravo product has been chosen by a leading sales intelligence company to support their lead augmentation software. The multi-year agreement with the data provider continues Bridgeline's expansion in this space. The new partner will maximize new lead generation opportunities and acquire additional addressable market opportunity using DataBravo's insights. The sales intelligence company has identified DataBravo's unparalleled web intelligence dataset as a key opportunity to provide value to large sales organizations across the globe.
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NVCN | Hot Stocks09:37 EST Neovasc receives 'positive' guidance from NICE for Neovasc Reducer System - Neovasc announced that the United Kingdom's Interventional Procedures Programme at the National Institute for Health and Care Excellence has issued guidance supporting the implantation of the Neovasc Reducer in appropriate patients suffering from refractory angina, a painful and debilitating condition that causes chest pain when other treatment options have failed or are not possible. NICE's current guideline on stable angina describes recommendations on managing stable angina that has not responded to treatment. For these stable angina patients who are refractory to treatment, NICE has limited its recommendations to addressing the psychological factors of patients' pain. Prior to the new guidance supporting coronary sinus reduction, NICE has not supported any therapeutic interventions.
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PLUG | Hot Stocks09:30 EST Plug Power selects Germany's Port of Duisburg for European headquarters - Plug Power announced its European headquarters will be located in the Port of Duisburg, North Rhine-Westphalia, Germany. With a significant presence in Europe for more than ten years, Plug Power is accelerating its investment on the continent to develop and grow the green hydrogen economy through a new European headquarters. Duisburg, the world's largest inland port, offers the company direct maritime supply chain connections to Antwerp, Belgium and Rotterdam, Netherlands. This location will allow Plug Power to capitalize on the major assets of the Duisburg region's industrial area, including a large concentration of logistics and transport customers and a highly skilled workforce. Duisburg has also been elected as one of three hydrogen technology capital cities in Germany, giving Duisburg a decisive role in the German energy transition. As such, Plug Power is establishing itself at the center of the European hydrogen ecosystem and will be well positioned to contribute to the development of future green hydrogen applications.
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MA | Hot Stocks09:26 EST MasterCard acquires Arcus FI, terms undisclosed - Mastercard announced it has acquired Arcus FI, an alum of the company's Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America. Arcus' technology, network and customer relationships will help accelerate the introduction of Mastercard Bill Pay to Latin America.
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BLNK | Hot Stocks09:24 EST Blink Charging opens new office in India amid international expansion efforts - Blink Charging announced the Company has opened a new office in Noida, India, adjacent to New Delhi. The new office will add to the Company's expanding U.S. capacity to develop and innovate new software capabilities to better meet the needs of an evolving EV charging landscape, while also serving as a key hub for operations serving the Asia Pacific and Middle East regions. The new office in India is the first within the country for Blink and is part of the Company's strategic goal to grow the global engineering team and develop an operational hub to facilitate expansion into new international regions. The employees at this location are 100% dedicated to working on Blink projects and will be focused on numerous key initiatives, one of which includes continuing the build-out of Blink's new global network. The new network will be an integrated platform supporting a range of AC and DC chargers with multi-currency and multi-language capabilities providing a seamless customer experience. Once fully complete, the new network will provide customers with a much-improved user experience, greater functionality, and the technical capabilities to enable Blink to assimilate other networks into the Company's one superior global network. In addition, the team in India continues to make progress developing an increasing number of Blink platforms and applications, including a new fleet platform, new mobility platform, energy management solutions, new charger technology, and various other new app functionalities to be rolled out over time. With the new strategic presence in India, Blink will have the necessary resources to meet the ever growing need to provide innovative EV infrastructure technology to satisfy property partners and consumers around the world. The opening of the new office demonstrates the Company's high priority on securing top engineering talent in order to provide customers with the most advanced technology in the market today and into the future as the industry continues to evolve. As a result, Blink is well-positioned to capture the massive global demand for reliable and convenient EV infrastructure and continue its goal of expanding the Company's International footprint.
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SUPN ADMS | Hot Stocks09:17 EST Supernus completes acquisition of Adamas Pharmaceuticals - Supernus Pharmaceuticals (SUPN) announced that it has successfully completed its previously announced acquisition of Adamas Pharmaceuticals (ADMS). The company noted, "Compelling Strategic Rationale: Strengthens Parkinson's disease portfolio with GOCOVRI extended release capsules, the first and only FDA-approved medicine indicated for the treatment of both OFF and dyskinesia in patients with Parkinson's disease receiving levodopa-based therapy and Osmolex ER extended release tablets, approved for the treatment of Parkinson's disease and drug-induced extrapyramidal reactions in adult patients. Diversifies and increases revenue base and cash flow, and combined with the acquisition of US WorldMeds CNS products in 2020, significantly reduces the reliance on net sales of Trokendi XR. Potential synergies of $60 million to $80 million in year one due to strong overlap with existing infrastructure. The acquisition is expected to be significantly accretive in 2022." The tender offer for all outstanding shares of common stock of Adamas for $8.10 per Share, in cash, less any applicable withholding taxes and without interest, plus two non-transferable and non-tradable contingent value rights per Share, each of which represents the contractual right to receive a contingent payments of $0.50 in cash, less any applicable withholding taxes and without interest, which amount will become payable, if at all, if specified milestones are achieved prior to December 31, 2024 and December 31, 2025, as applicable, expired as scheduled at one minute following 11:59 p.m., New York time, on November 23, 2021. American Stock Transfer & Trust Company, LLC, the depositary for the Offer, has advised Supernus that a total of 35,478,225 Adamas shares were validly tendered and not properly withdrawn in the Offer, representing approximately 77.3 percent of the shares of Adamas common stock outstanding. All of the conditions of the Offer have been satisfied, and on November 24, 2021, Supernus and its wholly-owned subsidiary, Supernus Reef accepted for payment all Adamas shares that were validly tendered and not properly withdrawn in the Offer, and will as promptly as practical pay for all such validly tendered shares. Following the completion of the Offer, Supernus completed the acquisition of Adamas through the merger of Reef with and into Adamas, without a vote of Adamas stockholders in accordance with Section 251(h) of the General Corporation Law of the State of Delaware, with Adamas surviving the merger as a wholly-owned subsidiary of Supernus. In connection with the merger, each Adamas share not previously purchased in the Offer was converted into the right to receive the Offer Price, less any applicable withholding taxes and without interest. Adamas's common stock will be delisted from the NASDAQ Stock Market. Each CVR paid to Adamas stockholders represents a non-transferable and non-tradable contractual contingent right to receive a cash payment of $0.50, without interest and less any required withholding taxes, upon the achievement of the applicable milestone in accordance with the terms of a Contingent Value Rights Agreement entered into among Supernus and American Stock Transfer & Trust Company, LLC, as rights agent, (CVR Agreement). One Milestone Payment is payable upon the first occurrence of the achievement of aggregate worldwide net sales of GOCOVRI in excess of $150,000,000 during any consecutive 12-month period ending on or before December 31, 2024. Another Milestone Payment is payable upon the first occurrence of the achievement of aggregate worldwide net sales of GOCOVRI in excess of $225,000,000 during any consecutive 12-month period ending on or before December 31, 2025. Each Milestone may only be achieved once. The maximum amount payable with respect to the two CVRs issued in respect to each Share is $1.00 in the aggregate. There can be no assurance any payments will be made with respect to any CVR.
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DSX | Hot Stocks09:10 EST Diana Shipping announces distribution date for OceanPal spin-off - Diana Shipping announced that the distribution date for the previously announced spin-off of its wholly-owned subsidiary, OceanPal, will be November 29, 2021, following the effectiveness of the OceanPal Inc. registration statement under the Securities Exchange Act of 1934 on Form 20-F filed with the U.S. Securities and Exchange Commission. The Company expects the spin-off transaction to be consummated on the same terms and conditions as previously announced in the Company's press release dated October 26, 2021 and in the Registration Statement. The record date of the OceanPal Inc. spin-off will not change.
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VIVO | Hot Stocks09:06 EST Meridian Bioscience Chairman David Phillips retiring - Meridian Bioscience's Chairman of the Board of Directors David Phillips will retire from the Board of Directors and not seek re-election when his term ends in January 2022. The Board of Directors will elect a new chair when Phillips' term expires and will not replace the vacated seat, which will reduce the number of directors to eight. Phillips joined the Meridian Board of Directors in 2000 and has served as chairman since September 2018.
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TIRX | Hot Stocks09:03 EST Tian Ruixiang partners with Yunnan Anhua for disaster management services - Tian Ruixiang has entered into a strategic cooperation agreement with Yunnan Anhua Disaster Prevention and Mitigation to explore business opportunities in disaster mitigation and risk management in Yunnan province, China. Yunnan Anhua specializes in disaster assessment, risk model technology development, disaster prevention and mitigation technology innovation, and risk protection products designing. Both parties agreed to jointly develop risk management related consulting and training services. Both parties also agreed to establish a professional service team to execute in-depth strategic cooperation in insurance broker-related business, insurance plan framework, and insurance management business, including but not limited to: liability insurance for carbon emission reduction of Electronic Toll Collection and industry database think tanks.
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GSM | Hot Stocks09:02 EST Ferroglobe postpones virtual Investor Day to first quarter of 2022 - Ferroglobe announced that it will postpone its virtual Investor Day to Q1-2022 due to unforeseen circumstances resulting in a scheduling conflict. Marco Levi, Ferroglobe's Chief Executive Officer stated, "We are excited to host the first investor day since I joined Ferroglobe in 2020. We have been working diligently to turnaround this Company and look forward to this opportunity to tell our story, as we take significant steps to drive change and enhance our competitiveness to maximize our potential. We previously announced a target date for our investor day in late November; however due to an unforeseen scheduling conflict we have to postpone the event to next year. We apologize for any inconvenience this may have caused and encourage investors to continue an active dialogue with management ahead of the investor day."
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CVU | Hot Stocks09:01 EST CPI Aerostructures announces NYSE American acceptance of plan of compliance - CPI Aerostructures announced that on November 23, 2021, it received a notice from the NYSE American LLC informing the Company that the Exchange had accepted CPI Aero's plan to regain compliance with the Exchange's standards for continued listing of its common stock under the timely filing criteria included in the NYSE American Company Guide. The Exchange has granted CPI Aero until April 14, 2022, to regain compliance with the timely filing criteria. If the Company is unable to cure the delinquency by April 14, 2022, the Company may request an additional extension up to the maximum cure period of May 24, 2022. In addition, if the Company does not make progress consistent with the plan during the plan period or if the Company does not complete its delayed filings with the SEC by the end of the maximum 12-month cure period on May 24, 2022, Exchange staff will initiate delisting proceedings as appropriate.
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CYDY | Hot Stocks09:01 EST CytoDyn reports data from trial treating NASH open label with leronlimab - CytoDyn reported data from its trial treating NASH open label with leronlimab. Leronlimab open label NASH results continue to show reductions in fat and fibrosis suggestive of a potential therapy not only for NAFLD but also in NASH. Fat reductions by proton density fat fraction PDFF up to 45% along with reductions in fibrosis up to 8% by CT1 were noted from baseline after just 14 weeks of treatment. The reductions in fibrosis were seen in both severe and mild-moderate NASH cases. Nader Pourhassan, Ph.D., CytoDyn's President and Chief Executive Officer, stated, "Though numerous drugs have been evaluated in clinical trials, there have been no approvals by the U.S. Food and Drug Administration fortreating biopsy-proven NASH. We are encouraged by the continued results and look forward to presenting the full trial results after database lock. We believe this reported data is an exciting step forward in research and demonstrates the potential of leronlimab for inhibiting the liver fibrosis associated with NASH. CytoDyn will now file for Fast Track Designation for both the indications of NASH and NAFLD. Once the full results are reported, which we anticipate to be available in mid-December, we may proceed to file a Phase 3 protocol with the FDA and request accelerated approval."
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BENE | Hot Stocks09:01 EST Benessere Capital Acquisition Corp trading halted, news pending
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KTTA | Hot Stocks08:54 EST Pasithea Therapeutics announces pricing of $30.4M private placement - Pasithea Therapeutics announced that it has entered into securities purchase agreements with certain institutional investors to purchase 8.68 million shares of its common stock and warrants to purchase 8.68 million shares of its common stock, at a purchase price of $3.50 per share and accompanying warrant in a private placement priced at a premium to the market under Nasdaq rules. The gross proceeds to the Company from the private placement are expected to be approximately $30.4 million before deducting the placement agent's fees and other estimated offering expenses. The warrants will be immediately exercisable from the date of issuance and have an exercise price of $3.50 per share. The warrants will expire five years from the date of issuance. The offering is expected to close on or about November 29, 2021, subject to the satisfaction of customary closing conditions. EF Hutton, division of Benchmark Investments, LLC, is acting as exclusive placement agent for the offering. The Company currently intends to use the net proceeds from the private placement to fund pre-clinical research and development work for future product candidates, invest in developing its U.S. and UK clinic businesses, and for working capital and general corporate purposes.
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DE | Hot Stocks08:47 EST Deere sees FY22 effective tax rate 25%-27%, operating cash flow $6B-$6.5B
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DE | Hot Stocks08:46 EST Deere sees FY22 Production and Precision Ag net sales up 20%-25% - Sees operating margin for the segment 20%-21%. Small Ag and Turf sales are expected to be up 15%-20%, with an operating margin of 16%-17%. Construction and Forestry net sales are seen up 10%-15% for FY22, with an operating margin of 13.5%-14.5%. Comments taken from Q4 earnings conference call presentation slides.
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GLBE SHOP | Hot Stocks08:37 EST Global-e Online to acquire Flow Commerce for $500M - Global-e (GLBE) announced that it has entered into a definitive agreement to acquire Flow Commerce, a technology based cross-border e-commerce software solution for emerging brands. The acquisition is expected to strengthen Global-e's offering and capabilities, allowing Global-e access to additional addressable market of small merchants not currently eligible to use Global-e's services. Leveraging Flow's robust API-based technology, Global-e will be well-positioned to provide small merchants with a best-in-class solution, tailored for the needs of emerging brands, with a lightweight integration effort and advanced self-service capabilities, in combination with Global-e's unique data models and AI-algorithms for conversion optimization. The acquisition is expected to allow Global-e to expand the scope of its exclusive relationship with Shopify (SHOP) to offer certain cross-border services to a broader set of merchants on the platform in addition to its current end-to-end 3rd-party solution catering to established brands. Concurrent with this expanded relationship, Global-e agreed to issue to Shopify a warrant for approximately $70M in Global-e shares. Global-e agreed to acquire Flow for an aggregate purchase price of up to approximately $500M, comprised of a base consideration of approximately $425M and up to approximately $75M in potential additional consideration based on certain financial results in 2021, plus approximately $45M in Global-e shares for certain assumed, performance-based vesting warrants for Flow shares. Flow is expected to generate approximately $20M in net revenues in calendar year 2021. The transaction is expected to close during Q1 2022, subject to customary conditions, including regulatory approvals.
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PNT | Hot Stocks08:32 EST Point Biopharma licenses Lu-177 production technology from SCK CEN - POINT Biopharma and Studiecentrum voor Kernenergie/Centre d'Etude de l'Energie Nucleaire, also known as the Belgian Nuclear Research Center, SCK CEN, announced a technology license agreement for Lu-177 purification technology to accelerate POINT's in-house no-carrier-added lutetium-177 production program. No-carrier-added, n.c.a., Lu-177 is a pure form of Lu-177 that does not include long lived radioactive impurities, increasing the ease of administration in outpatient settings. SCK CEN's scientific development experience and research capabilities have enabled them to develop innovative and scalable technology for the efficient production of n.c.a. Lu-177. POINT is licensing SCK CEN's n.c.a. Lu-177 purification technology to both further increase the resiliency of POINT's supply chain, as well as to lower POINT's cost of medical isotope, the most expensive raw material used in radiopharmaceutical production. "This agreement with SCK CEN represents another key building block of our supply chain, positioning us as one of the first companies to manage the whole radiopharmaceutical life cycle, From Neutron To Patient," said Dr. Joe McCann, CEO of POINT Biopharma. "The scope and depth of our supply chain is now truly unique in the radiopharmaceutical industry and, when combined with our 80,000 ft state-of-the-art manufacturing facility, make POINT one of the few firms globally capable of delivering radiopharmaceuticals for large cancer indications. We look forward to shipping our first clinical dose from our facility in the coming weeks, as we continue to pursue our vision of transforming lives that have been touched by cancer."
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IONM | Hot Stocks08:31 EST Assure Holdings announces amendment to credit facility - Assure Holdings is pleased to announce that it has entered into an amending agreement to its Commitment Letter dated March 8, 2021, with Centurion Financial Trust, an investment trust managed by Centurion Asset Management in respect of the Company's $11,000,000 credit facility with Centurion comprised of a $9,000,000 senior term loan, funded in two tranches of $6,000,000 and $3,000,000, and a $2,000,000 senior revolving loan. The first tranche of the Senior Term Loan and the Revolving Loan were previously funded. Pursuant to the Amending Agreement, upon satisfaction of the conditions precedent set forth therein, the Company may now access the second tranche of the Senior Term Loan in the amount of $3,000,000 to fund organic growth and for general working capital purposes. The second tranche of the Senior Term Loan was previously reserved solely for funding acquisition transactions. The second tranche of the Senior Term Loan will now be made available to the Company to fund organic growth initiatives and for general working capital purposes. Interest on the Credit Facility accrues at an annual rate equal to the greater of 9.5% per annum or the Royal Bank of Canada Prime Rate plus 7.05% per annum, calculated and compounded monthly in arrears and payable on the first business day of each month in arrears. In addition, and pursuant to the Credit Facility, the Company shall pay Centurion a monthly standby fee of 1.50% per annum on any undrawn balance of the Credit Facility calculated and compounded monthly in arrears and payable on the first business day of each month in arrears. The Credit Facility matures on June 9, 2025, and is secured by a first ranking security interest in all of the present and future assets of the Company and certain of its subsidiaries and affiliates. The Credit Facility is guaranteed by the Assure Group, as more particularly set out in the loan documents. A description of the Credit Facility and the related loan documents is available in the Company's Current Report on Form 8-K as filed with the United States Securities and Exchange Commission on June 16, 2021, under the Company's issuer profile at www.sec.gov and in the corresponding documents filed on SEDAR at www.sedar.com. The Company will file a Current Report on Form 8-K regarding the Amending Agreement within 4 business days. The Amending Agreement remains subject to the approval of the TSX Venture Exchange.
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NVAX | Hot Stocks08:31 EST Novavax files for interim authorization of COVID-19 vaccine in Singapore - Novavax announced its submission to the Singapore Health Sciences Authority for interim authorization of its COVID-19 vaccine under the Pandemic Special Access Route. Novavax has made the submission for the regulatory evaluation by HSA of NVX-CoV2373, the company's recombinant nanoparticle protein-based COVID-19 vaccine with Matrix-M adjuvant. The filing includes clinical data from two pivotal Phase 3 clinical trials: PREVENT-19, which included 30,000 participants in the U.S. and Mexico and demonstrated 100% protection against moderate and severe disease and 90.4% efficacy; and a trial of 15,000 participants in the U.K. that demonstrated efficacy of 96.4% against the original virus strain, 86.3% against the Alpha variant and 89.7% efficacy overall. In both trials, NVX-CoV2373 demonstrated a reassuring safety and tolerability profile.
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SEEL | Hot Stocks08:20 EST Seelos Therapeutics acquires ketamine platform license from iX Biopharma - Seelos Therapeutics has entered into an exclusive license agreement whereby it acquired a worldwide license - excluding China, Taiwan, Macau and Hong Kong - from iX Biopharma Ltd for Wafermine, a sublingual racemic ketamine wafer, and a worldwide license for other sublingual ketamine wafers, delivered using a proprietary fast-dissolving wafer-based drug delivery platform technology known as WaferiX. Seelos plans to evaluate sublingual ketamine, now named SLS-003, in pain indications such as chronic neuropathic pain and Complex Regional Pain Syndrome and in additional psychiatric disorders, including post-traumatic stress disorder. The FDA has granted Wafermine Orphan Drug designation for the treatment of CRPS.
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EQIX | Hot Stocks08:09 EST Equinix collaborates with EllaLink on transatlantic high-capacity subsea cable - Equinix and EllaLink announced the first-ever high-capacity subsea cable system between Europe and Latin America is in full operation. Delivered by EllaLink to Equinix's International Business Exchange data centers-SP4 in Sao Paulo, LS1 in Lisbon and MD2 in Madrid-the new system provides a 50% increase in network performance between data centers in Brazil, Portugal and Spain when compared to routes that had to previously transit through North America. Reducing latency is a critical factor for content providers, cloud companies and financial firms, where a delay of a few milliseconds can impact the profitability of trading operations. EllaLink selects Equinix IBX data centers to extend its connectivity solutions in Sao Paulo, Lisbon and Madrid Equinix serves as an interconnection partner in more than 40 of the current subsea cable projects.
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FMNB | Hot Stocks08:07 EST Farmers National Banc boosts quarterly dividend 27% to 14c per share - On November 23, the Board of Directors of the Farmers National Banc declared a quarterly cash dividend of 14c per share, representing a 27% increase over the same period last year. The common stock cash dividend will have a record date of December 10, 2021, and is payable to shareholders on December 31. "The 27% increase in our quarterly cash dividend reflects both our strong performance in 2021 along with the successful closing of the Cortland Bancorp. transaction. The increase marks the sixth consecutive year we have increased our dividend payment and reflects our optimism for the future of Farmers," said Kevin J. Helmick, President and CEO of Farmers. "Since 2015, our annual cash dividend has increased at an impressive 26% compound annual growth rate, reflecting our strong financial results and commitment to returning capital to shareholders."
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EFTR | Hot Stocks08:07 EST eFfector Therapeutics announces publication of zotatifin preclinical data - eFFECTOR Therapeutics announced the publication of data highlighting the anti-tumor potential of zotatifin, the company's clinical-stage inhibitor of eukaryotic translation initiation factor 4A, eIF4A, in the peer-reviewed journal Frontiers in Oncology. eIF4A is a catalytic component of the eIF4F complex, which regulates oncoprotein production at the level of mRNA translation. The published research showed that zotatifin downregulated the expression of certain receptor tyrosine kinases, which are mutated and overexpressed in many cancers. The research also showed that rational combinations of zotatifin with the PI3K inhibitor alpelisib or the AKT inhibitor ipatasertib, both of which inhibit signaling downstream of RTKs, led to enhanced anti-tumor activity in vivo. "The preclinical results highlighted in this publication underscore the unique therapeutic advantages of eIF4A inhibition and further demonstrate zotatifin's potential as a promising clinical strategy for patients with cancers driven by RTK overexpression or dysregulation," said Steve Worland, Ph.D., president and chief executive officer of eFFECTOR. "These data and other results are informing the selection of biomarker-specific patient populations for the Phase 2a expansion cohorts we initiated earlier this year."
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CPOP | Hot Stocks08:06 EST Pop Culture Group wins tender for Hanfu Cultural Festival - Pop Culture Group has won the tender for Hanfu Cultural Festival put out by Migu Comic, a digital content provider that operates the app Migu Quanquan. Migu Quanquan promotes Hanfu - traditional styles of clothing worn by the Han people in China - culture and provides Hanfu fans with a one-stop service of various Hanfu culture related activities. The company expects to provide customized services for the Festival, including online and offline special event planning, event execution, and app promotion. According to a report, sales of Hanfu in China surged from $29.7M in 2015 to $1B in 2020.
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RNGTF | Hot Stocks08:06 EST Osisko Development announces drilling results from Cariboo project - Osisko Development is pleased to announce drilling results from the 2021 exploration and category conversion drill program campaign at its Cariboo Gold Project in central British Columbia. Summary: A total of 152,000 meters were drilled in 2021. Of that, 50,000 meters were drilled in 109 holes in the Valley Zone Deposit. Recent assay results include holes CM-21-044 to CM-21-061. CM-21-044 assayed 15.87 g/t Au over 10.45 meters including samples that assayed 66.20 g/t Au over 0.75 meter, 81.90 g/t Au over 0.65 meter and 62.30 g/t Au over 0.80 meter increasing confidence in an inferred vein corridor. CM-21-051 intersected a vein corridor and assayed 28.45 g/t Au over 4.10 meters including high grade samples of 51.70 g/t Au over 0.50 meter, 67.80 g/t Au over 0.50 meter and 68.90 g/t Au over 0.50 meter New mineralization was intersected across multiple mineralized vein corridors in holes CM-21-049: 63.2 g/t Au over 0.50 meters, 15.68 g/t Au over 3.0 meters and CM-21-059 intersected some of the deepest anomalies at Valley to date, including 9.65 g/t Au over 4.0 meters including a sample of 48.0 g/t Au over 0.75 meters, 500 meters from surface and 80 meters along strike from any modelled vein corridors with significant potential to expand in the surrounding untested sandstone. Assay Highlights 15.87 g/t Au over 10.45 meters in hole CM-21-044 including 66.20 g/t Au over 0.75 meter and 81.90 g/t Au over 0.65 meter and 62.30 g/t Au over 0.80 meter; 19.95 g/t Au over 3.85 meters in hole CM-21-045 including 82.40 g/t Au over 0.50 meter; 12.12 g/t Au over 6.12 meters in hole CM-21-045 including 93.30 g/t Au over 0.70 meter; 57.60 g/t Au over 0.50 meters in hole CM-21-047; 63.20 g/t Au over 0.50 meters in hole CM-21-049; 15.68 g/t Au over 3.00 meters in hole CM-21-049 including 82.80 g/t Au over 0.50 meter; 28.45 g/t Au over 4.10 meters in hole CM-21-051 including 51.70 g/t Au over 0.50 meter and 67.80 g/t Au over 0.50 meter and 68.90 g/t Au over 0.50 meter; 93.60 g/t Au over 0.55 meter in hole CM-21-055; 27.24 g/t Au over 3.50 meters in hole CM-21-056 including 74.10 g/t Au over 1.20 meters; 11.12 g/t Au over 5.75 meters in hole CM-21-058; 9.65 g/t Au over 4.00 meters in hole CM-21-059 including 48.0 g/t Au over 0.75 meter; 19.37 g/t Au over 2.30 meters in hole CM-21-061 including; 29.80 g/t Au over 1.30 meters. Mineralized quartz veins on Cariboo are overall sub-vertical dip and northeast strike. Vein corridors are defined as a high-density network of mineralized quartz veins within the axis of the last folding event and hosted within a brittle meta-sandstone or calcareous meta-sandstone. Vein corridors are modelled at a minimum thickness of 2 meters and average about 4.5 meters true width. Individual mineralized veins within these corridors have widths varying from centimeters to several meters and strike lengths from a few meters to over 50 meters. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and along strike. Gold grades are intimately associated with quartz vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins. True widths are estimated to be 60% to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.
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ADXS | Hot Stocks08:06 EST Advaxis issues letter, second video message to stockholders on Biosight merger - Advaxis issued the following statement to stockholders: "Dear Fellow Advaxis Stockholders: I am writing to provide you with additional information and resources regarding the Company's proposed merger with Biosight. We believe that the proposed Biosight transaction can generate significant value for Advaxis stockholders. The combined company will be better capitalized and well-positioned to advance a broader portfolio of drug candidates aimed at addressing both liquid and solid tumors. The closing of the transaction is contingent upon, among other things, the approval of Advaxis' stockholders at the Special Meeting initially held on November 16, 2021 and adjourned to December 7, 2021. Please go to the Advaxis website to watch the video entitled "Message About Proxy Proposal 2" we prepared to provide you with some additional information about the Biosight transaction and proxy proposal 2 to help inform your voting decision. In addition, two leading independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co., have recommended that stockholders vote "FOR" all of the proposals at the special meeting. We strongly urge you to vote today in support of the merger and related proposals."
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PHG | Hot Stocks08:04 EST Philips works to bring spectral CT imaging into a hybrid Angio CT suite - Royal Philips is bringing its spectral CT imaging technology into a hybrid Angio CT suite. By combining the company's Spectral CT 7500 system and its Image-Guided Therapy System - Azurion with FlexArm in a single interventional suite solution, Philips aims to give interventionalists immediate table-side access to these two key imaging modalities so they can perform procedures requiring both CT and angio guidance in one room. For the development of this integrated solution Philips is closely collaborating with leading clinical institutes such as Mayo Clinic and Baptist Health's Miami Cardiac & Vascular Institute. "The goal of combining the breakthrough, first of a kind Spectral CT 7500 with the Azurion platform is to provide a seamless workflow environment in which all the necessary imaging modalities - are available directly at the patient table, fully controllable from the table-side work spot," the company said.
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CWXZF | Hot Stocks08:04 EST Doman Building Materials announces normal course issuer bid - Doman Building Materials Group announced that The Toronto Stock Exchange has accepted today the Company's notice of intention to proceed with a normal course issuer bid through the facilities of the TSX and other Canadian marketplaces and alternative trading systems. The Company intends to purchase for cancellation up to 6,825,000 of its common shares by way of a normal course issuer bid through the facilities of the TSX and other Canadian marketplaces and alternative trading systems. The 6,825,000 common shares represent approximately 10% of the public float per TSX policies. Pursuant to such TSX policies, daily purchases made by the Company will not exceed 87,011 common shares or approximately 25% of the average daily trading volume of 348,044 common shares on the TSX during the prior six full months of trading, subject to certain prescribed exceptions. As of November 16, 2021, the Company had 86,687,844 issued and outstanding common shares. Although the Company intends to purchase common shares for cancellation under its normal course issuer bid, there can be no assurances that any such purchases will be completed. Such purchases, if any, may commence on November 26, 2021 and will terminate on November 25, 2022, or on such earlier date as the Company may complete its purchases pursuant to the notice of intention filed today with the TSX or provide notice of termination. Any such purchases will be made by the Company at the prevailing market price at the time of acquisition and through the facilities of the TSX and other Canadian marketplaces and alternative trading systems. The Company believes that the market price of the common shares may, at certain times throughout the duration of the normal course issuer bid, be undervalued based solely on the Company's opinion. To the best of the knowledge of the directors and senior officers of the Company, no director, senior officer, associate of a director or senior officer, or person holding 10% or more of the common shares of Doman intends at present to sell common shares during the course of this bid. However, sales by such persons through the facilities of the TSX or elsewhere may occur as the personal circumstances or decisions of any such person, unrelated to the bid, determine. The benefits to any such person whose common shares are purchased would be the same as the benefits available to all other holders whose common shares are purchased. The Company also announced approval from the TSX for an Automatic Share Purchase Plan commencing on November 26, 2021, which will enable the Company to continue purchasing common shares under the normal course issuer bid during Company-imposed blackout periods. Purchases will be made on the TSX as well as other Canadian marketplaces. The Plan will co-terminate with the expiry of the NCIB at the close of business on, November 25, 2022, and, subject to pre-determined pricing and volume restrictions imposed by the Company, to the rules and policies of the TSX and to the specific terms of the NCIB, all trades under the Plan are entirely at the broker's discretion. The Company did not acquire any common shares pursuant to the normal course issuer bid that commenced on November 26, 2020. Under the 2020 NCIB, the TSX had approved the purchase of up to 5,972,461 common shares.
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GIS | Hot Stocks08:03 EST General Mills to sell European dough businesses to Cerelia, terms undisclosed - General Mills announced that it has agreed to sell its European dough businesses to Cerelia. The proposed transactions would include General Mills branded and private label dough businesses in Germany, the UK, and Ireland, including the Knack & Back and Jus-Rol brands. Each of the transactions is expected to close by the end of FY22, with the German transaction subject to appropriate labor consultations, regulatory approvals, and other customary closing conditions.
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KTOS | Hot Stocks08:02 EST Kratos awarded $12M contract for satellite command, control system products - Kratos Defense & Security Solutions announced that it has received a delivery order valued at $12M for satellite and communication system products, hardware and equipment. This is against a previously awarded contract. This award is for mission activity and maneuver planning, telemetry processing, commanding, orbit and attitude management, resource management, space vehicle and ground system simulation, security, support planning and execution, training and testing. The award will enable and sustain new capabilities such as virtualization, additional satellite constellation capacity and cybersecurity enhancements. Satellite state-of-health operations include launch, early orbit, on-orbit, anomaly resolution, disposal, and backup operations. Due to customer related and other considerations, no additional information will be provided related to this contract award.
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Z | Hot Stocks08:02 EST Zillow recommends shareholders reject "mini-tender" offer from TRC Capital - Zillow received an unsolicited "mini-tender" offer by TRC Capital to purchase up to 2M shares of Class C capital stock of Zillow Group at a price of $61.20 per share in cash. TRC Capital's offer price is 4.3% below the $63.95 closing price per share of Zillow Group's Class C capital stock on Nov. 12. If all shares are acquired, TRC Capital's ownership would represent approximately 1.07% of Zillow Group's outstanding Class C capital stock. Zillow Group is not affiliated with TRC Capital and does not endorse TRC Capital's unsolicited mini-tender offer. Zillow Group recommends that shareholders reject TRC Capital's offer and not tender their shares. Class C shareholders who tender their shares in the offer would receive a below-market price for Zillow Group's Class C capital stock through the tender offer.
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GLG | Hot Stocks08:02 EST TD Holdings enters LOI to acquire Shenzhen Tongdow Internet Technology Co. - TD Holdings announced that it has entered into a non-binding letter of intent with Shenzhen Tongdow Internet Technology Co., Ltd., China's leading integrated service provider for an online to offline e-commerce commodities trading platform. Pursuant to the LOI, the company agreed to acquire between 30%-65% of the equity interests of STIT in exchange for a certain amount of cash to be determined based on the company's further due diligence and the parties' negotiation. Both parties agree that equity value of STIT is estimated to be between $145M-$180M. Management expects the acquisition be completed no later than June 30, 2022, assuming satisfactory due diligence results and the entry into a definitive agreement between the parties. The acquisition will be a related party transaction and therefore the closing conditions will need to include the approval by the company's audit committee of the board of directors, consisting of independent directors, and the receipt of a fairness opinion and valuation report of STIT from an independent third party. Either party to the LOI may terminate the LOI unilaterally. As the transaction proceeds, the company will publicly disclose required information either through press releases or SEC filings, as appropriate.
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CNTG | Hot Stocks07:43 EST Centogene says uncertainty about 'ability to continue as going concern' - Cash and cash equivalents of EUR 25.7M as of September 30, 2021, compared to EUR 34.8M for the period ending June 30, 2021. There is uncertainty about the Company's ability to continue as a going concern.
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PHRRF | Hot Stocks07:31 EST PharmaTher applies for FDA orphan drug designation for ketamine - PharmaTher Holdings is pleased to announce that it has applied with the U.S. Food and Drug Administration to receive Orphan Drug Designation for ketamine to treat Status Epilepticus, a rare neurological disorder requiring emergency treatment for a seizure. The Company has received FDA ODD for ketamine to treat amyotrophic lateral sclerosis and complex regional pain syndrome. The addition of SE strengthens the Company's pharmaceutical strategy in developing novel uses and delivery methods for ketamine to treat rare disorders and life-threatening conditions.
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AVRO | Hot Stocks07:10 EST Avrobio presents updated safety data for gene therapies in Fabry disease - Avrobio hosted a panel of investigators managing the patient experience in the Phase 2 FAB-GT clinical trial of AVR-RD-01, an investigational one-time gene therapy for Fabry disease, at the 14th International Congress of Inborn Errors of Metabolism, or ICIEM. Other presentations included updated safety data from the first lentiviral gene therapy clinical trials for Fabry disease and Gaucher disease type 1, as well as 10- to 12-month safety data from gene therapy-treated mice with mucopolysaccharidosis type II, or Hunter syndrome. Safety data from the first eight adult patients dosed in the Phase 2 FAB-GT trial and the five adult patients dosed in the investigator-sponsored Phase 1 trial show no adverse events, or AEs, or serious adverse events related to drug product AVR-RD-01. AEs and SAEs experienced by trial participants to date have been generally consistent with myeloablative conditioning, protocol-mandated drugs, underlying disease or pre-existing conditions. Eleven SAEs were reported; all resolved without clinical sequelae. Safety data from a ninth patient recently dosed in the FAB-GT study are still being analyzed, but preliminary data are consistent with the overall safety profile. Previously reported efficacy data from the two trials have documented stable and sustained enzyme activity and reductions of 87% and 100% in kidney Gb3 inclusions for the evaluable kidney biopsies of two Fabry disease patients. AVROBIO is planning to share updated efficacy data from both trials during the first quarter of 2022. The safety data cut-off date for the Phase 1 trial was July 26, 2021, and for the FAB-GT trial was August 20. Safety data from the first patient dosed in the first in-human, open-label, multinational Phase 1/2 study of AVR-RD-02 show no SAEs and no AEs to date related to drug product 14 months post-treatment. AEs reported for this patient have been consistent with myeloablative conditioning, protocol-mandated drugs, underlying disease and pre-existing conditions. This patient discontinued ERT one month before the gene therapy infusion and remains off ERT. Previously reported efficacy data for this patient indicates improvement across relevant biomarkers of Gaucher disease type 1. Platelet and hemoglobin concentration levels were maintained in the normal range. A second patient has been dosed in the clinical trial. The safety data cut-off date for the Phase 1 trial was August 31. Current clinical treatments for Hunter syndrome include ERT and hematopoietic stem cell transplant, but neither is efficacious at treating neurological symptoms due to deficiencies in enzyme expression. Published preclinical research by the team at The University of Manchester in mice has demonstrated that lentiviral gene therapy with an optimized, proprietary tag can cross the blood-brain barrier and has the potential to deliver the functional enzyme to the CNS. Preclinical evidence shows that, compared to untreated Hunter mice, Hunter mice treated with genetically modified HSCs at 10-12 months post-gene therapy have supra-physiological levels of I2S enzyme activity in the bone marrow, plasma and spleen and increased I2S enzyme activity levels in the brain, with no unexpected safety events to date. Avrobio plans to initiate an investigator-sponsored Phase 1/2 clinical trial of AVR-RD-05 in Hunter syndrome in the second half of 2022. Avrobio announced an exclusive, worldwide license agreement with The University of Manchester for this investigational lentiviral gene therapy in 2020.
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CSTL | Hot Stocks07:10 EST Castle presents data backing clinical utility of DecisionDx portfolio - Castle Biosciences announced oral presentations on its DecisionDx gene expression profile GEP tests for skin cancer at the American Society for Dermatologic Surgery, ASDS. 2021 Annual Meeting, held Nov. 19-21. "We are excited to share data further reinforcing the clinical utility of our GEP tests with leading experts and health care professionals," said Derek Maetzold, president and chief executive officer of Castle Biosciences. "We believe our DecisionDx tests complement dermatology clinicians' arsenal of tools and help ensure the best possible outcomes for their patients. The clinically actionable information that our tests provide can help clinicians make informed and personalized treatment decisions for each patient based on their unique biology."
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SRGXF | Hot Stocks07:07 EST Surge Copper announces assay results from Ootsa Property - Surge Copperis pleased to announce complete assay results for hole S21-268 from the Company's 100% owned Ootsa Property in British Columbia, and an update on the Company's ongoing resource update for the Ootsa Property. The Company previously released the results for the top portion of hole S21-268: Highlights: Hole S21-268 intersected 422 metres grading 0.52% copper equivalent from 20 metres downhole depth, including 200 metres grading 0.60% copper equivalent; This includes a zone of higher grade mineralization returning 0.69% copper equivalent over 76 metres from 324 metres depth; Complete assay results have been received for hole S21-268 with significant results. Hole S21-268 was collared toward the southern end of the approximately 500 metre zone where mineralization at West Seel comes to bedrock surface, and intercepted a broad zone of strong continuous mineralization. A drill hole plan map and cross section are included below. Exploration hole S21-271 tested a chargeability high located to the south of the West Seel deposit and encountered a pyrite halo with no significant intervals of mineralization. These are the final results from the infill and expansion drilling program targeting the main East and West Seel porphyry deposits at the Ootsa Property which will be used to conduct an updated resource estimate for the Ootsa Property. Thus far, following this news release, results from 26 holes from the Company's 2021 Ootsa summer drilling program have been released, with results pending from 46 additional holes testing exploration targets in the near vicinity of the Seel and Ox deposits, including the Seel Breccia Zone. An additional nine core holes are also pending from the Company's 2021 Berg drill program. The Company has engaged Advantage Geoservices Limited to conduct a mineral resource estimate in accordance with National Instrument 43-101. The resource estimate will include the East Seel, West Seel, and Ox porphyry deposits, and will include all relevant resource drilling completed during the 2018, 2020, and 2021 core drilling programs. The estimation process is well underway, and the Company will provide further updates as the process is nearing completion. The Company anticipates updating the market on results from the following activities: Drill results from 46 remaining drill holes from 2021 Ootsa drill program; Drill results from 9 drill holes from 2021 Berg drill program; Resource update for the Ootsa project; Inversion and targeting results from regional airborne geophysics, and update on regional exploration pipeline.
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OYST | Hot Stocks07:04 EST Oyster Point Pharma announces expansion of executive leadership team - Oyster Point Pharma announced the promotion of Barry Rosenfeld, JD as General Counsel, and Raegan McClain, JD, LLM, CCEP as Chief Compliance offer, both of whom will join the executive leadership team. Rosenfeld brings over 25 years of legal, compliance and leadership experience in the pharmaceutical industry, most recently working within Novartis (NVS) as the Vice President, General Counsel and Corporate Secretary of Novartis Finance Corporation. McClain has over 20 years of legal and compliance experience in the pharmaceutical industry at a number of biotech companies, most recently having launch experience at Optinose (OPTN).
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PLUG... | Hot Stocks07:04 EST Plug Power selected by Fertiglobe's Green Hydrogen Consortium for electrolyzer - Plug Power Inc. (PLUG) announces it has been selected by Fertiglobe, the strategic partnership between OCI NV (OCINF) and the Abu Dhabi National Oil Company and Scatec ASA (STECF), the Sovereign Fund of Egypt and Orascom Construction, as the technology provider for a 100 megawatts electrolyzer to produce green hydrogen as feedstock for up to 90,000 tons of green ammonia production at EBIC in Ain Sokhna, Egypt.
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CSIQ | Hot Stocks07:02 EST Canadian Solar subsidiary signs battery storage agreement with CATL - Canadian Solar's subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology, a provider of new energy innovative technologies. According to the agreement, CSI Solar and CATL will establish a strategic partnership to cooperate holistically in the areas of battery storage system solutions, supply of lithium-ion battery modules, operation and maintenance services of battery storage projects, and innovative renewable energy technology.
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SWKH | Hot Stocks07:02 EST SWK Holdings confirms receipt of $19.00 per share buyout proposal from Carlson - SWK Holdings confirmed that on November 23, it received a non-binding proposal from funds managed by Carlson Capital to acquire all shares of SWK not already owned by Carlson for a price of $19.00 per share, payable in cash. This proposal is not related to the prior proposal submitted by Carlson to the company in April. The company's Board of Directors has formed a special committee of non-executive, independent directors. The Special Committee, in consultation with its advisors, will carefully review and consider Carlson's proposal and pursue the course of action that it believes is in the best interests of the company's stockholders. The company's stockholders do not need to take any action at this time. JMP Securities is serving as financial advisor to the Special Committee and Shearman & Sterling LLP is acting as legal counsel.
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ACM | Hot Stocks06:58 EST Aecomon included in Transport for London engineering consultancy framework - Aecom has won places on over 30 Lots of the Transport for London Engineering Consultancy Framework, including places on the strategic Multidisciplinary Engineering Services and Multidisciplinary Rail Engineering Services Lots. The four-year framework will be the primary means of accessing engineering consultancy services for TfL, the Greater London Authority, all 32 London borough councils and the City of London. The new framework replaces the TfL Rail Engineering and Multidisciplinary Services frameworks and is expected to support the delivery of a range of projects and programs across all TfL infrastructure, including major station upgrades, surface works, oversite developments and line extensions. The framework Lots cover multidisciplinary engineering services, specialist engineering services, engineering architectural services, highways engineering and rail engineering.
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DE | Hot Stocks06:51 EST Deere sees FY22 net income $6.5B-$7B - "Looking ahead, we expect demand for farm and construction equipment to continue benefiting from positive fundamentals, including favorable crop prices, economic growth, and increased investment in infrastructure," May said. "At the same time, we anticipate supply-chain pressures will continue to pose challenges in our industries. We are working closely with our suppliers to address these issues and ensure that our customers can deliver essential food and infrastructure more profitably and sustainably."
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KURA | Hot Stocks06:48 EST Kura Oncology's Phase 1b study of AML candidate placed on hold by FDA - Kura Oncology announced that the FDA has placed the KOMET-001 Phase 1b study of KO-539 in patients with relapsed or refractory acute myeloid leukemia - AML - on a partial clinical hold. The partial clinical hold was initiated following the company's recent report to the FDA of a Grade 5 serious adverse event - patient death - potentially associated with differentiation syndrome, a known adverse event related to differentiating agents in the treatment of AML. Patients currently enrolled in the Phase 1b study may continue to receive KO-539, although no additional patients may be enrolled until the partial clinical hold is resolved. Kura is working closely with the FDA and the site investigators to resolve the partial clinical hold as quickly as possible. Until the partial clinical hold is resolved, and the company has more clarity regarding the impact on timing, Kura is suspending guidance on the completion of enrollment in the KOMET-001 Phase 1b study and determination of the recommended Phase 2 dose of KO-539.
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WLK | Hot Stocks06:46 EST Westlake Chemical to acquire Hexion's global epoxy business for $1.2B - Westlake Chemical announced that it has entered into a definitive agreement with Hexion to acquire Hexion's global epoxy business for approximately $1.2B. Based in Rotterdam, The Netherlands, Hexion's epoxy business is an industry leader in the manufacture and development of specialty resins, coatings and composites for a variety of industries, including high-growth and sustainability-oriented end-uses such as wind turbine blades and light-weight automotive structural components. In the twelve months ended September 30, 2021, Hexion's epoxy business had net sales of approximately $1.5B. With this transaction, which is anticipated to be completed in the first half of 2022 following customary closing conditions, Westlake will significantly expand its integrated business by adding a downstream portfolio of coatings and composite products to its leading chloro-vinyls businesses.
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NICE | Hot Stocks06:35 EST Nice's Enlighten AI adopted by Japanese business process outsourcer - Nice's Nexidia and Enlighten have been selected by NTT Marketing ACT, one of the largest business process outsourcers - BPO - in Japan, to automate the bulk of its quality management processes and to automatically assess the impact of contact center agent behaviors on customer satisfaction. The Japanese Enlighten behavior models are packaged as the first Japanese standard CSAT models, which NTT Marketing ACT will use to automate two-thirds of its interaction quality assessments on behalf of 200 current BPO clients. NICE Enlighten provides real-time and forward-looking insights into agent behavior. NICE Nexidia focuses on customer behavior, using sentiment analytics, journey sequencing technology and predictive call routing for every interaction.
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IONS PFE | Hot Stocks06:35 EST Ionis Pharmaceuticals announces Pfizer update on vupanorsen study - Ionis Pharmaceuticals (IONS) announced that Pfizer (PFE) has provided an update on the Phase 2b study of vupanorsen, formerly IONIS-ANGPTL3-LRx. Vupanorsen is an investigational antisense therapy being developed for indications in cardiovascular, or CV, risk reduction and severe hypertriglyceridemia, or SHTG. In the dose-ranging study in subjects with elevated non-HDL-C and triglycerides, or TG, the study met its primary endpoint, achieving a statistically significant reduction in non-HDL-C at all doses tested at 24 weeks, compared to placebo. In addition, subjects treated with vupanorsen achieved statistically significant reductions in TG and ANGPTL3 at all dose levels at 24 weeks, compared to placebo. The most common adverse events were injection site reactions, which occurred most often in the highest vupanorsen dose group. The most common laboratory abnormalities were increases in liver enzymes, alanine aminotransferase and aspartate aminotransferase and were seen primarily at the higher doses. There were no Hy's Law cases in vupanorsen-treated subjects, and no meaningful changes in bilirubin. Certain doses of vupanorsen were associated with increases from baseline in hepatic fat fraction, measured by magnetic resonance imaging proton density fat fraction at Week 24, compared to placebo. No subject had a confirmed platelet count abnormality or a confirmed reduction in the estimated glomerular filtration rate. There were no serious adverse events related to treatment. The incidence of SAEs was similar between active and placebo groups. The global multicenter, double-blind, placebo-controlled, dose-ranging Phase 2b study TaRgeting ANGPTL3 with an aNtiSense oLigonucleotide in AdulTs with dyslipidEmia enrolled 286 participants with dyslipidemia, defined in this study as participants with elevated non-HDL-C and TG, who are receiving a stable dose of a statin. Participants received either 80 mg, 120 mg or 160 mg every 4 weeks, or 60 mg, 80 mg, 120 mg or 160 mg every two weeks via subcutaneous injection. The study was designed to assess the efficacy, safety, tolerability and pharmacokinetics of vupanorsen, and the primary endpoint was percent change from baseline in non-HDL-C at week 24.
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TSLA | Hot Stocks06:28 EST Tesla CEO Musk sells another $808.5M in common stock - In regulatory filings yesterday evening, Tesla disclosed that it CEO Elon Musk sold a total of 711.4K shares of common stock in a total transaction size of $808.5M on November 23rd.
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GOCO | Hot Stocks06:24 EST GoHealth CEO, Chief Strategy Officer each buy 530K shares - In regulatory filings, GoHealth disclosed that its CEO Clinton Jones and Chief Strategy Officer Brandon Cruz each bought 530K shares of common stock on November 22nd in transactions sizes of $1.94M. Shares of GoHealth are up 4.9% in early pre-market trading at $3.62 per share.
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SLI | Hot Stocks06:02 EST Standard Lithium announces $100M direct investment from Koch Strategic Platforms - Standard Lithium announced that Koch Strategic Platforms, a subsidiary of Koch Investments Group, will make a $100M investment in Standard Lithium through a direct private placement to support the company's strategic development goals. In addition to the new capital, the company, along with several Koch Industries subsidiaries, are exploring Strategic Opportunities to work collaboratively in several key areas. These potentially include working with Koch Engineered Solutions which provides key process equipment, engineering, procurement, and construction services; as well as Koch Minerals & Trading which is involved in the trading of many of the materials that will be required by the company in the future, as well as the lithium products it intends to produce.
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SLI | Hot Stocks05:19 EST Standard Lithium receives $100M investment from Koch Strategic Platforms - Standard Lithium announced that Koch Strategic Platforms, or KSP, a subsidiary of Koch Investments, will make a $100M investment in Standard Lithium through a direct private placement to support the company's strategic development goals. Under the terms of the direct investment, KSP will subscribe for 13,480,083 common shares of Standard Lithium at a price of $7.42 per share for gross proceeds to Standard Lithium of $100M. All common shares issued to KSP will be subject to statutory restrictions on resale prescribed by applicable Canadian and United States securities laws. Completion of the direct investment remains subject to the approval of the TSX Venture Exchange, as well as satisfaction of customary closing conditions.
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VCYT | Hot Stocks05:12 EST Veracyte receives Swedish MTP Council recommendation for Prosigna reimbursement - Veracyte announced that the Swedish Medical Technologies Product, or MTP, Council has recommended the Prosigna Breast Cancer Assay for immediate reimbursement and clinical use in all Swedish healthcare regions without legal restrictions beginning November 22. The milestone follows recent G-BA reimbursement approval in Germany.
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