Stockwinners Market Radar for March 17, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:20 EDT Allegiant Travel to reduce capacity due to volatile fuel prices - The company cuts its Q1 System ASM to 17%-19% from 19%-23% but narrows operating CASM to 3%-5% from 1%-5%. CFO Gregory Anderson states: "Despite decreased capacity for the quarter, we continue to expect CASM, excluding fuel, to fall within our initial range. Recent spikes in jet fuel prices have resulted in an updated fuel cost per gallon for the first quarter of roughly $3.05. Due predominantly to the volatile fuel environment as well as some staffing challenges, we expect to reduce planned capacity by roughly ten percent for the second quarter. We will continue to manage capacity to maximize profitability."

20:15 EDT Allegiant Travel reports preliminary February traffic up 66.7% y/y - Reports February capacity up 13.2% y/y; Load factor 77.8% vs. 52.8% y/y; Passengers up 61.8%.

18:44 EDT IronNet co-CEO sells $5.91M in common stock - In a regulatory filing, IronNet disclosed that its co-CEO William Welch sold 1.6M shares of common stock on March 15th in a total transaction size of $5.91M.

18:24 EDT Signet Jewelers CEO: We feel poised to continue to gain market share - In an interview on CNBC's Mad Money, Virginia Drosos said employees have rallied behind Signet's transformation strategy and it showed in the quarterly numbers. The company has been disproportionately attracting new consumers into the business relative to competitors, she noted. People have been waiting for the past few years to get married and that will lead to a record year, she added.

17:59 EDT Riley Exploration investor Yorktown V distributes 400,000 shares - Riley Exploration Permian was advised by Yorktown Energy Partners V that Yorktown V distributed an aggregate of 400,000 shares of common stock of Riley Permian to Yorktown V's limited and general partners after the close of the stock market on March 16, in accordance with the terms of Yorktown V's partnership agreement. After the distribution, Yorktown V, will own 215,784 shares of common stock of Riley Permian - 1.1% of the total outstanding shares -. Yorktown V has informed Riley Permian that the distributed shares can immediately be resold. Riley Permian has not independently confirmed whether any distributed shares have been sold. Following this distribution, funds and entities managed by Yorktown Partners in the aggregate will own approximately 30% of the total outstanding shares of Riley Permian.

17:45 EDT Warner Bros. 'Hogwarts Legacy' game out Holiday 2022 - Warner Bros. (T) said its upcoming video game "Hogwarts Legacy," a role-playing game set in the "Harry Potter" franchise, will be released Holiday 2022 for PC, PlayStation 4 (SONY), PS5, Xbox One (MSFT), and Xbox Series X/S. Reference Link

17:33 EDT SoFi Technologies CEO buys $303K in common stock - In a regulatory filing, SoFi Technologies disclosed that its CEO Anthony Noto bought 34K shares of common stock on March 17th in a total transaction size of $303K.

17:22 EDT Core Labs enters strategic alliance with Euronext Amsterdam and Talos Energy - Core Laboratories (CLB) and Talos Energy (TALO) have "announced a strategic alliance to provide technical evaluation and assurance for carbon capture and sequestration opportunities. The alliance combines Core Lab's market-leading reservoir description and optimization technologies with Talos's expertise in subsurface characterization and engineering. Under this alliance, Core Lab and Talos will collaborate to evaluate potential CCS sites for suitability and optimal subsurface stratigraphic targets through robust reservoir characterization techniques, including: stratigraphic test wells, reservoir core sampling and geological evaluation, as well as analysis of rock and fluid sample properties. These technical data sets will be used to deliver best-in-class sequestration assurance through custom subsurface evaluation and monitoring plans. The alliance also provides a framework for the two companies to further explore opportunities to collaborate on delivering technical assurance around transparency in monitoring and verification of CO2 streams."

17:17 EDT Nexa Resources: Production at Atacocha San Gerardo mine temporarily suspended - Nexa Resources informs that production at the Atacocha San Gerardo open pit mine is temporarily suspended. The Machcan community has illegally blocked the road access to the mine due to protest activities and while there has been no material impact on Atacocha's production to date, mine production has been suspended, and activities are limited to critical operations with a minimum workforce to ensure proper maintenance. Nexa remains committed to the social development of its host communities and continues to pursue an active dialogue with the local community and authorities for a peaceful resolution of this situation. The 2022 production guidance is not expected to be materially affected and remains unchanged. On a weekly basis, Atacocha produces approximately 0.2kt of zinc, accounting for less than 3% of Nexa's zinc production. Nexa will keep the market informed of further developments.

17:13 EDT North American Construction awarded five-year contract - North American Construction announced a five-year contract awarded to Mikisew North American Limited Partnership by a major oil sands producer. Given the contractual scope included in the award, the new agreement qualifies as backlog which is estimated at $125M. Based on the heavy equipment fleet and our experience at this site, we estimate this contractual backlog represents approximately one-third of the work we will complete over the contract term. The contract award bolsters and adds to NACG's combined backlog which was at $1.7B on December 31, 2021.

17:10 EDT Steven Madden CEO sells $1.6M in common stock - In a regulatory filing, Steven Madden disclosed that its CEO Edward Rosenfeld sold 40K shares of common stock on March 16th in a total transaction size of $1.61M.

17:06 EDT Black Diamond Therapeutics believes cash is sufficient for funding into 2024 - Black Diamond ended 2021 with approximately $209.8M in cash, cash equivalents and investments, which the company believes is sufficient to fund its anticipated operating expenses and capital expenditure requirements into 2024.

16:46 EDT AvePoint announces $150M share repurchase program - AvePoint's board of directors has authorized a new share repurchase program for AvePoint to buy back its outstanding common shares. Under the share repurchase program, AvePoint has the authority to buy up to a maximum of $150M worth of shares, over the next three years, via acquisitions in the open market or privately negotiated transactions. AvePoint is not obligated to make any purchases and the program may be suspended or discontinued at any time.

16:36 EDT Metals Company, Allseas team on nodule collection system for battery metals - TMC the metals company announced that its subsidiary NORI signed a non-binding term sheet with its strategic partner and shareholder, Allseas Group to develop and operate a commercial nodule collection system with a targeted production capacity of 1.3M per annum Mtpa of wet nodules and expected production readiness by Q4 2024. Since forging a strategic alliance in 2019, Allseas and TMC's subsidiary NORI have been working together to develop a pilot collection system to recover polymetallic nodules from the seafloor in the NORI-D Area of the Clarion Clipperton Zone of the Pacific Ocean and transport the nodules to shore for processing using TMC's near-zero solid waste flowsheet into battery metal precursor materials and manganese silicate product expected to be used in manganese alloy production for the steel industry. The pilot collection system is currently undergoing wet testing by Allseas in the Atlantic Ocean and is expected to be piloted in the NORI-D Area in the Pacific Ocean later this year. The parties expect that following the completion of the pilot tests in the Pacific Ocean, Allseas will promptly initiate the upgrade of the pilot collection system into a production-ready commercial system with a targeted production capacity of 1.3 Mtpa of wet nodules and initial use of five years prior to additional upgrades . The parties intend to co-finance in equal parts all costs required to get into production currently estimated to be less than EUR 100M. ...The parties intend to further detail and revise these cost estimates in the definitive agreement expected no later than 31 December 2022 following the completion of the pilot collection tests. Both parties expect to see the per-tonne cost to further decrease from these estimates if Allseas scales production capacity of its surface production vessel by adding multiple collectors on the seafloor. Polymetallic nodules contain high grades of nickel, manganese, copper and cobalt - key metals required for building electric vehicle batteries, renewable energy technologies and steel for infrastructure. TMC's nodule portfolio in the CCZ is estimated to be the world's largest undeveloped single source of critical battery metals. The demand for these metals is surging and commodity prices for metals contained in nodules have all hit multi-year highs. TMC believes that upgrading the pilot nodule collection system into a production-ready collection system may allow NORI to significantly reduce capital requirements and shorten time to commercial production of the critical minerals required for the clean energy transition.

16:32 EDT Targa Resources to acquire Southcross Energy for $200M - Targa Resources announced that it has executed agreements to acquire Southcross Energy and its subsidiaries in South Texas for $200M. The acquisition price represents approximately 4x adjusted EBITDA multiple. The company also now has potential to move a currently idle 200M cubic feet per day plant.

16:27 EDT Ascentage Pharma treatment of neuroblastoma granted FDA orphan designation - According to a post on the FDA's website, Ascentage Pharma's treatment of neuroblastoma, alrizomadlin, was granted FDA orphan designation. Reference Link

16:25 EDT GameStop drops 8% to $80.27 after announcing Q4 results

16:19 EDT StoneCo appoints Joao Bernartt as chief information officer - StoneCo announced new executive management appointments. Joao Bernartt, former board member of several retail companies in Brazil and founder of Chaordic, has joined the company as chief information officer, leading efforts in product, technology and data, with greater focus in the Financial Platform Division. Sandro Bassili, former VP of people of Anheuser-Busch Inbev and member of the board of advisors for Grupo Boticario has joined the company as chief people and management officer.

16:13 EDT Trinity Capital declares new supplemental cash dividend of 15c per share - In addition to the regular quarterly dividend, the Board of Directors declared a new supplemental cash dividend of 15c per share in the first quarter, with the intent to declare equal special dividends in the second, third and fourth quarters of 2022 for a total of 60c per share in 2022, subject to future Board of Director approval. Record date is March 31, with payment date of April 15.

16:12 EDT Pulmatrix regains compliance with Nasdaq listing requirements - Pulmatrix received written notice from Nasdaq stating that the company regained compliance with the applicable Nasdaq minimum bid price continued listing requirement and the matter is now closed. The company had previously not been in compliance with the minimum bid price requirement because its common stock failed to maintain a minimum bid price of $1.00 for 30 consecutive business days.

16:12 EDT Trinity Capital raises quarterly dividend 11.1% to 40c per share - Record date is March 31, with payment date of April 15.

16:11 EDT Trinity Capital names Gerry Harder as COO, Ron Kundich as Chief Credit Officer - Gerry Harder has been promoted to serve as the company's first-ever COO, where he will steward corporate infrastructure and operational initiatives to support platform growth and new business creation. Harder joined Trinity Capital in 2016 and has served as Senior Vice President, Chief Credit Officer since August 2019, overseeing the company's outstanding credit performance. Gerry will continue to serve on the investment committee. Harder has over 30+ years of experience working with venture-backed technology companies and brings extensive operational expertise to the team. Ron Kundich has been with Trinity Capital since 2018 and has served as Senior Vice President, Loan Originations since August 2019 and has also contributed to Trinity's investment performance as a member of the investment committee. He has been promoted to Chief Credit Officer, succeeding Harder in the role. In his new role, Kundich will oversee Trinity Capital's lending, underwriting, and credit processes. Kundich has vast underwriting experience with a 25+ year track record of supporting venture-backed companies and working closely with venture capital firms and commercial technology banks. Both promotions are effective March 15.

16:08 EDT Adobe recommends that shareholders reject mini-tender by Tutanova - Adobe "announced that it recently became aware of an unsolicited "mini-tender" offer by Tutanota LLC to purchase up to one hundred thousand shares of Adobe's common stock, representing significantly less than one percent of Adobe's common stock outstanding. The offer price of $500 per share is conditioned on, among other things, the closing price per share of Adobe's common stock exceeding $500 per share on the last trading day before the offer expires. This means that unless Tutanota waives this condition, Adobe stockholders who tender their shares in the offer will receive a below-market price. Adobe cautions stockholders that Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Friday, April 8, 2022. There is no guarantee the conditions of the offer will be satisfied."

16:06 EDT Amneal Pharmaceuticals awarded sub-license for generic Nirmatrelvir and Ritonavi - Amneal Pharmaceuticals (AMRX) announced it has been awarded a sub-license from the Medicines Patent Pool (MPP) to manufacture and commercialize a generic version of nirmatrelvir, co-packaged with ritonavir, in 95 low- and middle-income countries. Nirmatrelvir is an oral protease inhibitor co-packaged with ritonavir for the treatment of mild-to-moderate COVID-19. Pfizer (PFE) markets co-packaged nirmatrelvir and ritonavir in the United States and other countries as PAXLOVIDTM. The phase 2/3 Evaluation of Protease Inhibition for COVID-19 in High-Risk Patients trial conducted by Pfizer demonstrated an 89% reduction in the risk of COVID-19-related hospitalization or death from any cause in adults treated with PAXLOVIDTM, compared to placebo, within three days of symptom onset. The U.S. Food and Drug Administration granted PAXLOVIDTM emergency use authorization in December 2021. The product has been authorized or approved in many other countries as well.

15:54 EDT Rayonier holder Chatham urges board to cut debt amid looming rate hikes - Chatham Asset Management a holder of approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials and a substantial bondholder of the Company, sent a letter to the independent members of RYAM's Board of Directors "expressing its concerns that management is not taking action quickly enough to proactively address the Company's upcoming debt maturities. In light of rising interest rates, Chatham delivered a suggested term sheet to RYAM management earlier this week outlining a possible exchange offer of the Company's 5.50% Senior Notes due June 1, 2024 into new five year notes and proposed a buyback of a portion of the 2024 Notes that Chatham owns. Chatham urges management and the Board to take seriously this suggestion to capitalize on the Company's strong liquidity while reducing gross debt and balance sheet risk...We urge the Board to take action now and are available to discuss the contents of this letter with the full Board at its earliest convenience."

15:44 EDT Sorrento sees $1.64B pro forma equity value post-money for combined Scilex - Scilex Holding Company, a majority-owned subsidiary of Sorrento Therapeutics (SRNE), and Vickers Vantage Corp. I (VCKA), a special purpose acquisition company sponsored by Vickers Venture Fund VI Pte Ltd and Vickers Venture Fund VI Pte Ltd, announced that they have entered into a definitive business combination agreement. The combined company is expected to have a pro forma equity value post-money of approximately $1.64B, subject to potential adjustment, and with up to $140M in expected gross proceeds before expenses, assuming no redemptions from Vickers Vantage Corp. I's existing public shareholders, which would provide the current stockholders of Scilex an estimated ownership of approximately 88% of the outstanding shares of the combined company. The merger is expected to close by the third quarter of 2022, and the combined company's common stock is expected to be listed on Nasdaq under the new ticker symbol "SCLX."

15:11 EDT Crane confirms complaint filed by DOJ to block sale of Engineered Materials unit - Crane reported that the Department of Justice has filed a complaint to enjoin the sale of its Engineered Materials segment to Grupo Verzatec, S.A. de C.V. In the normal course, the company expects to engage in a process with Verzatec, the DOJ and /or the courts to address the DOJ's antitrust concerns regarding a minor overlap in a narrow range of material used in certain commercial building applications.

14:27 EDT Merck says Keytruda improved DFS versus placebo in Phase 3 KEYNOTE-091 trial - Merck, the European Organisation for Research and Treatment of Cancer, and the European Thoracic Oncology Platform, announced results from the pivotal Phase 3 KEYNOTE-091 trial, also known as EORTC-1416-LCG/ETOP-8-15 - PEARLS. The study found that adjuvant treatment with KEYTRUDA significantly improved disease-free survival, one of the dual primary endpoints, reducing the risk of disease recurrence or death by 24% compared to placebo in patients with stage IB to IIIA non-small cell lung cancer following surgical resection regardless of PD-L1 expression. Median DFS was 53.6 months for KEYTRUDA versus 42.0 months for placebo, an improvement of nearly one year. These data are being presented today during a European Society for Medical Oncology Virtual Plenary and will be shared with regulatory authorities worldwide. "These are the first positive results for KEYTRUDA in the adjuvant setting for non-small cell lung cancer, and represent the sixth positive pivotal study evaluating a KEYTRUDA-based regimen in earlier stages of cancer," said Dr. Roy Baynes, senior vice president and head of global clinical development, chief medical officer, Merck Research Laboratories. "KEYTRUDA has become foundational in the treatment of metastatic non-small cell lung cancer, and we are pleased to present these data showing the potential of KEYTRUDA to help more patients with lung cancer in earlier stages of disease. We thank the patients, their caregivers and investigators for participating in this study."

13:48 EDT Restaurant Brands suspends corporate support for Russian market - Restaurant Brands said in a statement: "We have three joint venture partners in Russia that are controlled by Alexander Kolobov, who has extensive restaurant experience and is responsible for the day-to-day operations and oversight of the ~800 restaurants in Russia; Investment Capital Ukraine - one of Ukraine's largest investment firms; and VTB Capital. VTB Capital, as an affiliate of one of Russia's biggest banks, has partnered with several other western companies in Russia, including other large QSR brands. We own a minority stake (15%) in the joint venture and none of the partners has a majority share...We started the process to dispose our ownership stake in the business. While we would like to do this immediately, it is clear that it will take some time to do so based on the terms of our existing joint venture agreement. We contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia. He has refused to do so. We suspended all corporate support for the Russian market, including operations, marketing, and supply chain support in addition to refusing approvals for new investment and expansion...Would we like to suspend all Burger King operations immediately in Russia? Yes. Are we able to enforce a suspension of operations today? No. But we want to be transparent with our actions and explain the steps we have taken to stand with the international business community in response to Russia's attack on Ukraine and its people." Reference Link

13:03 EDT Marathon Gold receives NL Cabinet approval for Valentine Gold Project - Marathon Gold Corporation is pleased to announce that it has been advised by the Newfoundland and Labrador Minister of Environment and Climate Change that the Environmental Assessment Committee overseeing the provincial Environmental Assessment of the Valentine Gold Project has completed its review of the Project's Environmental Impact Statement. Concurrently, Marathon has been advised that the Project has received approval by the Cabinet of the Government of Newfoundland and Labrador. This marks the completion of the provincial EA process, allowing Marathon to commence site-specific permitting including the acquisition of the Project's Mining Lease.

12:49 EDT Robinhood settles with Vermont for $640,000 over platform outages - The Vermont Department of Financial Regulation announced a $640,000 settlement with Robinhood Financial. The settlement includes a penalty of $590,000; Robinhood will also contribute $50,000 to the Vermont Financial Services Education and Victim Restitution Special Fund. "The settlement relates to outages of Robinhood's online trading platform, including during significant stock market volatility in March 2020 due to the COVID-19 pandemic. Additionally, the settlement addresses Robinhood's lack of supervision when approving option or margin trading customer accounts," the agency said in a statement. Reference Link

12:18 EDT AbbVie announces Health Canada approval of Skyrizi for arthritis - AbbVie announced Health Canada has approved Skyrizi for the treatment of adult patients with active psoriatic arthritis. In PsA, Skyrizi can be used alone or in combination with a conventional non-biologic disease-modifying antirheumatic drug, the company said. This is the second indication for Skyrizi in Canada. In April 2019, Health Canada approved the drug for the treatment of adult patients with moderate to severe plaque psoriasis who are candidates for systemic therapy or phototherapy.

12:13 EDT Delta, Airbus to collaborate on hydrogen-powered aircraft R&D - Delta (DAL) announced in a post to its corporate news hub that the company and Airbus (EADSY) will collaborate on "industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires." Delta stated: "Hydrogen power has great potential to speed air travel toward net zero carbon emissions, a future that could be accelerated thanks to a new agreement between Delta and Airbus. As part of its Flight to Net Zero plan to scale and advance sustainable technologies, Delta has signed a Memorandum of Understanding to become the first U.S.-based airline to collaborate with Airbus on the research and development of hydrogen-powered aircraft and the ecosystem required to make the transition." Reference Link

12:00 EDT ZTO Express falls -13.0% - ZTO Express is down -13.0%, or -$3.40 to $22.79.

12:00 EDT Independence Contract Drilling rises 14.4% - Independence Contract Drilling is up 14.4%, or 60c to $4.76.

12:00 EDT Nine Energy Service rises 23.5% - Nine Energy Service is up 23.5%, or 59c to $3.10.

11:42 EDT Lennar sees Q2 gross margin 28%-28.25%

11:34 EDT Cinedigm, Roundtable Entertainment enter multi-year partnership - Roundtable Entertainment and Cinedigm have inked a broad ranging strategic partnership that will include co-financing and co-owning the IP of original films to be distributed domestically on Cinedigm's OTT networks and on other third-party streaming platforms. The partnership also plans to launch multiple high profile enthusiast streaming channels together that will leverage Cinedigm's streaming expertise and capabilities including the proprietary Matchpoint technology. To further align the companies, Cinedigm is taking a minority shareholder position in Roundtable Entertainment. In addition, Erick Opeka, Cinedigm's President and Chief Strategy Officer, will be taking a seat on Roundtable's Board of Directors, joining President & CEO Dominic Ianno, Robert Norton and James Fields of Klingenstein Fields Advisors. The partnership commences with a 10-picture, $15 million thriller slate, led by ALL MY FRIENDS ARE DEAD, directed by Kevin Greutert. The 10 picture slate deal was negotiated by Yolanda Macias, Chief Content Officer at Cinedigm, and Interim Chief Business Officer Robert Norton on behalf of Roundtable.

11:26 EDT Lennar slowing sales, putting buyers on wait lists

11:17 EDT DOJ sues to block Verzatec's proposed acquisition of Crane Composites - The Department of Justice filed a civil lawsuit to stop Grupo Verzatec S.A. de C.V. from acquiring its biggest competitor, Crane Composites, a wholly-owned subsidiary of Crane Co. The complaint, filed in the U.S. District Court for the Northern District of Illinois, alleges that the proposed $360M transaction would harm competition in production and sale of pebbled fiberglass reinforced plastic wall panels, whose product and performance characteristics make it the wall covering of choice for many restaurants, grocery stores, hospitals and convenience stores across the United States. "Verzatec's proposed acquisition of Crane is a brazen attempt to eliminate a rival and cement a monopoly in this market. Acquisitions that create or entrench monopoly power are illegal and violate the Sherman and Clayton Acts. The proposed transaction would leave countless American businesses facing higher prices and reduced quality, choice and innovation for this important building material," said Assistant Attorney General Jonathan Kanter of the Justice Department's Antitrust Division. Reference Link

11:14 EDT Lennar: Construction times have increased by 6-8 weeks

11:12 EDT Lennar board increases share repurchase authorization by $2B - On March 16, the company's board increased the share repurchase authorization by $2B. The repurchase authorization has no expiration date, Lennar said.

11:02 EDT Health Canada authorizes Moderna's COVID-19 vaccine in children - Moderna announced that Health Canada has approved the use of Moderna's mRNA COVID-19 vaccine, SPIKEVAX, in a two-dose series of 50 microgram per dose for active immunization to prevent COVID-19 caused by SARS-CoV-2 in children aged 6 to11 years. The announcement follows the recent authorization of the Company's COVID-19 vaccine in the same age group in both Australia and the European Union.

11:00 EDT Finch Therapeutics Group Inc trading resumes

10:30 EDT Brazilian passenger transport group expands partnership with MiX Telematics - MiX Telematics announced the expansion of 2,000 new subscriptions to its integrated fleet management technology for an existing Brazilian-based Bus and Coach customer in the country's southeast region, taking their fleet coverage with MiX to 4,015 subscribers.

10:13 EDT ZPE Systems partners with TD Synnex to bolster growth strategy - ZPE Systems announced a partnership with TD SYNNEX. This agreement gives partners access to ZPE's Intel-based Gen 3 out-of-band serial consoles & modular services router gateways, to serve large enterprises and MSPs with a platform for third party applications and end-to-end automation for datacenter & branch edge deployments.

10:00 EDT Huntington Bancshares raises prime rate to 3.5% - Huntington Bancshares announced that its prime rate is increasing from 3.25% to 3.50%, effective March 17.

10:00 EDT ZTO Express falls -14.8% - ZTO Express is down -14.8%, or -$3.88 to $22.31.

10:00 EDT Peabody Energy rises 10.9% - Peabody Energy is up 10.9%, or $2.20 to $22.44.

10:00 EDT PagerDuty rises 11.5% - PagerDuty is up 11.5%, or $3.08 to $29.93.

09:50 EDT Ancora pushes Everbridge for sale, sees over $70 per share takeout value - Ancora Holdings Group, which owns approximately 4% of Everbridge's outstanding common stock, issued an open letter to the company's board. It states in part: "We have spent a considerable amount of time reviewing Everbridge's corporate governance, executive compensation, operations and sales, and overall strategy. Given the immense destruction of shareholder value that has occurred under the current leadership team, we call on the Board of Directors to commence an immediate exploration of strategic alternatives. We believe Everbridge is dramatically undervalued at current stock prices, and a sale to a well-capitalized acquirer could deliver more than $70 per share, or a more than 90% premium, for shareholders based on recent valuation multiples for both public and private company peers...We believe Everbridge is a valuable strategic asset addressing a mission critical need in a large market with vast upside potential. We believe Everbridge is dramatically undervalued at current share prices, representing an attractive acquisition target to both strategic and financial buyers. In our view, the issues the Company is facing are not structural, but rather self-inflicted due to incompetent leadership that has failed to execute."

09:47 EDT ZTO Express falls -11.1% - ZTO Express is down -11.1%, or -$2.91 to $23.29.

09:47 EDT Studio City rises 10.5% - Studio City is up 10.5%, or 53c to $5.60.

09:47 EDT PagerDuty rises 12.3% - PagerDuty is up 12.3%, or $3.30 to $30.15.

09:37 EDT Intergrated Media Technology Ltd trading resumes

09:32 EDT Intergrated Media Technology Ltd trading halted, volatility trading pause

09:24 EDT Tyler says six Kansas state courts 'gone live' with Enterprise Supervision pilot - Tyler Technologies announced that six state courts in Kansas have gone live with a pilot rollout of Enterprise Supervision, powered by Tyler Supervision. In this first phase of what will eventually be a statewide rollout, state courts in six counties are now using Enterprise Supervision. The courts are also operating on a new centralized case management system, Tyler's Enterprise Justice case management solution. The Office of Judicial Administration in the Kansas judicial branch is overseeing the project to implement both Enterprise Supervision and Enterprise Justice case management solution in all state courts. "We are delighted to begin using Tyler's supervision solution in six of our courts, and we look forward to adding more courts in the future," said Amy Raymond, chief of trial court services in the Office of Judicial Administration.

09:18 EDT EzFill signs fleet fueling agreement with Cool Air USA - EzFill Holdings announced a new fleet agreement with Cool Air USA in the Miami area, effective immediately. EzFill will provide regular mobile fuel delivery service for Cool Air, which specializes in air conditioning repair, air conditioning installation, indoor air quality, and pool heating services for customers in Miami-Dade County, Broward County, and Palm Beach County. EzFill recently announced it has purchased the assets of mobile fuel delivery service Full Service Fueling Inc. in West Palm Beach from an affiliate of Palmdale Oil Company. In addition, EzFill selected Palmdale to be one of its main fuel suppliers throughout Florida with preferred pricing on all fuel purchases.

09:16 EDT Nutra Pharma Corp expands manufacturing capabilities - Nutra Pharma Corporation is providing updates on increasing manufacturing capabilities for the production of their own products as well as third party companies with OTC drugs as well as dietary supplements. In addition to Amazon, Walmart Marketplace and the Company's own product websites; Nutra Pharma announced previously their plans to greatly expand online marketing and promotional activity. The company has also previously announced plans for broader retail distribution of their OTC products for the treatment of pain. Nutra Pharma will provide further updates on new products, manufacturing capabilities and contract manufacturing opportunities throughout the rest of 2022.

09:14 EDT MSG Sports names DoorDash as on-demand delivery platform partner for NY Knicks - Madison Square Garden Sports ( MSGS) announced DoorDash (DASH) as the Official On-Demand Delivery Platform of the New York Knicks, Westchester Knicks, and Knicks Gaming. DoorDash and the Knicks are committed to making an impact both on and off the court. To tip off the partnership, the two have teamed up to launch a new community initiative titled "Donation Dash," where the organizations will combine efforts to support kids and teens experiencing food insecurity by partnering with No Kid Hungry, a national campaign that is working to end childhood hunger by helping launch and improve programs that give all kids the healthy food they need to thrive. For every three pointer the New York Knicks make throughout the entirety of the 2021-22 season, the Knicks and DoorDash will partner with No Kid Hungry to help provide meals for kids and teens facing food insecurity. This season to date, the donations garnered can help provide up to 400,000 meals. "DoorDash has created an incredible business that values their customers first and foremost, which is a core belief of Madison Square Garden Sports," said Ron Skotarczak, Executive Vice President, Marketing Partnerships, Madison Square Garden Sports Corp. "Their dedication and commitment to their customers and the community make them a perfect partner for the Knicks, Westchester Knicks and Knicks Gaming, and one that we look forward to developing over the next several years."

09:12 EDT Avid enters into agreement with Paramound for managed cloud solutions - Avid (AVID) announces an expansion of its managed cloud solution offering with a focus on an industry platform. Paramount Global (PARA;PARAA) has entered into an agreement that offers Avid's managed cloud solutions for video content production to creative teams around the globe. The companies' new agreement empowers Paramount production teams in Europe, Asia Pacific and the U.S. to create TV shows and other content on the open Avid MediaCentral production platform, Avid Media Composer and Adobe Premiere video editing software and Avid NEXIS media storage-all managed by Avid in the cloud. "While we began our cloud work with Paramount with a proof of concept, our expanding collaboration showed us the speed at which this industry is learning to apply the cloud toward dramatically enhancing the many ways production teams want to do their best work," said Jeff Rosica, CEO and President, Avid. "Avid is thrilled to bring the power of our cloud collaboration with Microsoft to help Paramount carry out their vision for content creation far beyond the limitations of on-premises operations into the cloud while driving adoption across the industry."

09:10 EDT Advaxis sees cash runway into 2Q24 - As of January 31, 2022, the Company had approximately $36.5 million in cash and cash equivalents.

09:09 EDT Smart for Life products selected by Amazon for launch in Singapore - Smart for Life (SMFL) announced that it is launching various Smart for Life products under the Doctors Scientific Organica brand on Amazon (AMZN) Singapore, expanding the Company's international presence into Southeast Asia. Smart for Life was selected by Amazon to introduce several of its key SKUs into Amazon's storefront in Singapore. This is being done alongside the expansion of Amazon.sg, which is Amazon's dedicated Singapore site launched in 2019. Currently, the Doctors Scientific Organica brand, which was specifically developed for the Amazon marketplace, is the first of the Company's brands to launch on this platform. The launch on Amazon Singapore initially includes the highest selling vitamins and supplements under the Doctors Scientific Organica brand. "Singapore represents a significant new market for Smart for Life as we continue to expand our global footprint," stated Ryan Zackon, Smart for Life's Chief Executive Officer. "This is a great complement to our existing international sales in Canada, Mexico and overseas. With the power of Amazon by our side, we will be providing pallets of finished products to Amazon's distribution centers, and Amazon will be utilizing their turn-key logistics and distribution in Southeast Asia as part of the Fulfillment by Amazon (FBA) program in the region."

09:08 EDT Hemp, Inc. celebrates 10-year anniversary with announcement of 3 new products - Hemp marks its 10-year anniversary with the upcoming launch of 3 newly-formulated CBD, CBG and CBN products. "Each product is formulated with a high-quality ingredient combination that offers complete consumer satisfaction," the company said. "If the onslaught of disruption and uncertainty during the pandemic taught us anything post-pandemic, it's a lesson in resiliency. As a company, we pride ourselves in continuing to deliver the best consumable wellness products to the market without compromising quality or brand. With this launch, we've gone above and beyond to exceed our customers' expectations," said Hemp, Inc. COO, Jed Perlowin.

09:04 EDT Volta, Tanger Factory partner to bring EV charging to shoppers - Volta (VLTA) and Tanger Factory (SKT) announced a plan to install dynamic Volta charging stations at Tanger locations in nine markets throughout the U.S., unlocking two new geographies for Volta and expanding reach in others. The partnership is expected to grow in the coming months.

09:04 EDT Office Depot partners with Instacard for same-day office supply delivery - ODP's wholly owned subsidiary Office Depot and Instacart, an online grocery platform in North America, will offer same-day delivery from more than 1,000 Office Depot and OfficeMax stores across the U.S. Now, via Instacart, more than 70 million U.S. households can shop office and school supplies from Office Depot including printer and ink supplies, computers and electronics, notebooks, desk organizers and more, to be delivered from the store to their doors in as fast as one hour. For all orders, an Instacart shopper will pick and deliver the order within the customer's chosen delivery time frame.

08:56 EDT Advent in pact with Malaysia-based Daiden for SereneU fuel cell distribution - Advent Technologies Holdings is pleased to announce that it has entered into a preliminary strategic agreement with Daiden Equipment a leading power generation and industrial equipment provider in Malaysia. Daiden has declared its intention to become a distributor of Advent's SereneU fuel cell products. This will enhance the promotion of Daiden's clean power generation sources and actively support the ongoing green energy transition efforts in Malaysia. Mr. Kim Abildgaard, Advent's Sales and Business Development Director, said: "Advent and Daiden will work together to bring Advent's SereneU "plug and play" fuel cell systems to the Malaysian market, as it can be a reliable and sustainable power solution for the country's telecom and utility operators. This collaboration could be further complemented by the integration of Advent's methanol-based fuel cells into existing power systems and equipment in Daiden's portfolio." Advent has already shipped units of its SereneU fuel cell products to Daiden for testing and evaluation. Once these tests have been completed, Daiden and Advent will determine the best strategic approach for the introduction of Advent's methanol-based fuel cells to the Malaysian market.

08:49 EDT Grid Dynamics launces commerce application for selfologi - Grid Dynamics Holdings announced it has launched a fully transactional B2B and B2C commerce application for selfologi, a Dubai-based digital platform aiming to become the number one cosmetic treatment destination in the Middle East. In partnership with Grid Dynamics, commercetools, and other partners, Dubai-based digital platform selfologi launches a fully transactional B2B and B2C content and commerce marketplace; selfologi's cosmetic treatment site was built on an accelerated timeline with a composable commerce architecture, leveraging best-of-breed advanced technologies including microservices, APIs, cloud-native SaaS, and headless; Grid Dynamics was chosen for its deep experience in designing and developing transactional web applications and deep data science and engineering expertise.

08:44 EDT Silver Tiger Metals announces closing of $23M bought deal financing - Silver Tiger Metals is pleased to announce that it has closed its previously announced bought deal offering of common shares of the Company with a syndicate of underwriters. An aggregate of 40,365,000 Shares at a price of C$0.57 per Share for gross proceeds to the Company of approximately C$23 million were sold including 5,265,000 Shares for gross proceeds of approximately $3 million on the exercise in full of the over-allotment option granted by the Corporation to the syndicate of underwriters. The syndicate of underwriters was led by Sprott Capital Partners LP, as lead underwriter and sole bookrunner, along with Desjardins Capital Markets', as co-lead underwriter, and included Stifel Nicolaus Canada Inc., Echelon Wealth Partners Inc., Eight Capital, BMO Nesbitt Burns Inc., PI Financial Corp., and Beacon Securities Limited. The Underwriters were paid a commission of 6% on the gross proceeds of the Offering. In addition, the Corporation issued compensation warrants to the Underwriters entitling them to purchase 6% of the number of Shares sold under the Offering at a price of $0.57 per Share for a period of 12 months following closing of the Offering.

08:41 EDT Vicinity Motor enters distribution agreement with Dattco - Vicinity Motor announced that it has entered into a strategic U.S. distribution agreement with Dattco, a U.S. full-service passenger transportation company, to distribute Vicinity vehicles within the Northeastern United States. Headquartered in New Britain, Connecticut, Dattco operates facilities throughout New England and employs over 2,000 people in Massachusetts, New Hampshire, Maine, Rhode Island and Vermont. The distributorship supports Vicinity's focus on U.S. distribution expansion for its growing portfolio of electric vehicles and conventionally powered buses. In addition to operating a fleet of over 1,200 buses, Dattco provides sales, parts, warranty and service support for transportation providers in the region. Under the new agreement, Dattco will distribute Vicinity vehicles throughout New England. The Vicinity line fills in transit, EV and shuttle opportunities within the Dattco portfolio of vehicles, enhancing its offering to current customers while expanding to new sectors. In conjunction with the agreement, Dattco has placed an initial order valued at over $2M for Vicinity Lightning EV and Classic transit buses and Optimal-EV S1 paratransit electric low-floor shuttle busses.

08:40 EDT Duck Creek's Distribution Management selected by EMC Insurance Companies - Duck Creek Technologies announced that EMC Insurance Companies has selected Duck Creek Distribution Management, a software-as-a-service, SaaS, solution offered via Duck Creek OnDemand, to optimize relationships with the agents and agencies that represent the carrier. "To help carriers ensure that relationships remain productive, Distribution Management empowers sales managers and field representatives to create differentiated onboarding experiences, build targeted performance and incentive plans, and nurture producers with timely and valuable information," said Prasad Boppana, VP of Product Management for Distribution Management at Duck Creek Technologies. "Our team is proud to support EMC as it moves forward with its digital transformation and adoption of evergreen SaaS technology, and to provide the solutions and expertise it needs to accelerate its success."

08:39 EDT Clever Leaves appoints Muecke to board of directors - Clever Leaves announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, to fill the vacancy resulting from the previously announced departure of Kyle Detwiler, the Company's current chairman and CEO, effective March 24, 2022. Muecke was also appointed to the board's nominating and governance committee, as well as its compensation committee. Muecke is a co-founder and managing member of Artemis Growth Partners, an impact-focused ESG cannabis investment fund with $350+ million of assets under management, where he has led since 2017.

08:38 EDT PAVmed announces successful PortIO Intraosseous implantation - PAVmed announced that physicians at the Clinica Porto Azul in Barranquilla, Colombia successfully implanted the company's PortIO Intraosseous Infusion System in three patients-the first human implants of the device-as part of its IRB-approved first-in-human clinical study of up to 40 patients. All patients have also undergone successful infusion of fluids consistent with the study protocol and the device's intended use. No complications have occurred.

08:37 EDT Diversey announces appointment of Foss as Chairman of the Board - Diversey announced that its Board of Directors has appointed Eric Foss as Chairman of the Board effective March 17. Foss succeeds Selim Bassoul who will remain a Director. Foss has been a Director since Diversey's IPO in March 2021.

08:37 EDT Journey Medical announces first patient dosed in Phase 3 trial of DFD-29 - Journey Medical (DERM) announced that the first patient has been dosed in a Phase 3 clinical trial to assess the safety, efficacy and tolerability of DFD-29 for the treatment of papulopustular rosacea. The Phase 3 clinical trials are part of a collaboration with Dr. Reddy's Laboratories (RDY) for the ongoing development and commercialization of the DFD-29 program. Two multicenter, randomized, double-blind, parallel-group, active and placebo-controlled Phase 3 clinical trials will each enroll up to 320 adult patients with moderate to severe papulopustular rosacea, PPR. The studies will be randomized in a 3:3:2 ratio to DFD-29, Oracea or placebo once daily for 16 weeks. The primary objective of the studies is to evaluate the safety, efficacy and tolerability of DFD-29 compared to placebo for the treatment of PPR. The secondary objective is to evaluate the safety, efficacy and tolerability of DFD-29 compared to Oracea. Claude Maraoui, Co-Founder, President and Chief Executive Officer of Journey Medical, stated, "Reaching this milestone marks another important inflection point for Journey Medical. We began as a commercial-stage pharmaceutical company and have evolved into a fully-integrated pharmaceutical company with a research and development division that has the capability to expand available dermatologic treatment options. Research to date demonstrates the potential of DFD-29 as a more effective treatment option that we hope to provide for the millions of patients worldwide that suffer with rosacea."

08:36 EDT BioMarin's hemophilia A candidate shows efficacy in published article - BioMarin announced publication of results from the Phase 3 GENEr8-1 study of valoctocogene roxaparvovec, an investigational gene therapy for the treatment of adults with severe hemophilia A, in the New England Journal of Medicine. The article reports one year or more of follow-up data from the study. The original research article reports that following a single infusion of valoctocogene roxaparvovec participants experienced substantially reduced annualized bleeding rates, reduced factor VIII utilization, and increased factor VIII activity, than they did in the year prior to study enrollment. In the pre-specified rollover population consisting of 112 participants enrolled from a prospective noninterventional study, mean annualized factor VIII concentrate use and mean treated bleeding rates after week 4 decreased post-infusion by 99% and 84%, respectively. Overall, 121/134 participants had either no treated bleeds or fewer treated bleeds after infusion, compared with factor VIII prophylaxis as documented in the noninterventional study. At weeks 49-52, 88% of participants had median factor VIII activity of 5 IU/dL or higher, as measured using the chromogenic substrate assay.

08:35 EDT LiveRamp announces Jessica Shapiro joins company as CMO - LiveRamp announced that Jessica Shapiro has joined its executive leadership team as chief marketing officer or CMO Jessica Shapiro and will report directly to CEO Scott Howe. Shapiro brings extensive marketing expertise to LiveRamp from her leadership roles at some of the most iconic business-to-business and business-to-consumer brands, including Microsoft, Starbucks and SAP. She is known for building enduring customer-centric brands, driving growth-focused marketing, delivering innovative customer and partner experiences, and building high-performing teams. Most recently, Shapiro served as vice president of global corporate marketing and vice president of demand generation and field marketing at Icertis.

08:34 EDT CorMedix appoints Joseph Todisco as Chief Executive Officer - CorMedix (CRMD) announced the appointment of Joseph Todisco as Chief Executive Officer of the company. Todisco also will join the CorMedix Board of Directors. The company expects Todisco to join CorMedix on May 16th or such earlier date as he completes his contractual responsibilities to his current employer. Joe Todisco is an experienced pharmaceutical industry leader with a track record of building businesses globally and providing commercial leadership over the last 20 years. Previously, Todisco was a senior executive at Amneal Pharmaceuticals (AMRX), where for the past 11 years he has held various roles, most recently as Executive Vice President, Chief Commercial Officer.

08:33 EDT TC Biopharm's OmnImmune in AML granted Orphan Drug status by FDA - TC Biopharm's lead product OmnImmune has been granted orphan drug status for use in Acute Myeloid Leukemia or AML. After reviewing the Phase 1b/2a trial results in relapse/refractory AML patients the FDA approved the company's application for Orphan Drug Status. The status allows for a seven-year exclusive marketing window post approval of the drug, certain lowered application fees and tax incentives, broadly.

08:32 EDT Heron Therapeutics announces Health Canada approval of ZYNRELEF - Heron Therapeutics announced that Health Canada has issued a Notice of Compliance to commercialize ZYNRELEF for instillation into the surgical wound for postoperative analgesia after bunionectomy, open inguinal herniorrhaphy, and total knee arthroplasty surgical procedures. Based on prior agreements with the U.S. FDA, Heron already has clinical studies underway, which it plans to submit to Health Canada to expand the indication statement.

08:31 EDT Flex LNG files annual report on Form 20-F - Flex LNG announces that its annual report on Form 20-F for the year ended December 31, 2021 has been filed with the U.S. Securities and Exchange Commission.

08:26 EDT Polaris Infrastructure announces acquisitions in Ecuador, Panama - Polaris Infrastructure announced that it has: signed a Share Purchase Agreement for an operational run-of-river hydro project in Ecuador; and closed an acquisition of two construction ready solar projects in Panama. Ecuador - Hydro The SPA is for an operating run-of-the-river hydro project with a capacity of 6.3 MWs. The project is located along the Cubi River in San Jose de Minas, Ecuador and has been operating since June 2020. The Hydro Project has two expansion opportunities that the Company will look to act upon, which would allow for an increase in both energy and the capacity to a total of 10 MW. The key terms of the SPA include: Polaris will acquire a minimum of 85% ownership of the Hydro Project - with the intention to acquire up to 100% for closing; The price for an acquisition of 100% of the equity is $20.4 million, subject to closing adjustments; The assumption of estimated debt at closing of approximately US$7 million; The Hydro Project has a 50-year concession and a 15-year PPA for all production with Agencia de Regulacion Control de Energia y Recursos, a wholly-owned Ecuadorian government entity; Current pricing of the PPA is $78.10 per Mwhr; and The SPA is subject to customary closing conditions, including the approval of the acquisition by local regulatory bodies. It is expected that these conditions will take 60-90 days to finalize. The Hydro Project includes two expansion opportunities with the introduction of a conduction channel from the adjacent Perlabi river that the Company believes would increase the load factor of the existing power plant. Such expansion is already underway and is expected to be completed in the fourth quarter of 2022. Furthermore, the power plant has existing capacity to add an additional turbine to increase power capacity to 10 MWs which would enable increased production during the rainy season. In addition to the acquisition of the operational project, Polaris is working to formalize a development framework agreement with the selling shareholder to jointly pursue further hydro projects in the Ecuadorian market. Panama - Solar: Polaris has also closed a transaction with a Panamanian developer to construct, own and operate two solar plants totaling 13.4 MWdc located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. The two solar sites are two and a half hours by car from Panama City and will connect to the national transmission network at the ETESA Substation of Llano Sanchez through an air-underground electric sub-transmission line of about 3 Km in length. The key terms and attributes for the acquisition of the Solar Projects include: Polaris purchased all of the issued and outstanding common shares of the two entities holding the Solar Projects and the licenses and permits required to complete the construction and operate, in exchange for $600,000; Polaris will fund 100% of the costs to build two construction-ready Solar Projects, with a target commercial operation date of 9-10 months, for approximately $10 million; Polaris will have 100% ownership of the Solar Projects for a total of 13.4 MWdc; At this point in time, the Solar Projects do not have contracts but will have the ability to sell on the spot market. Prior to achieving commercial operation, Polaris will evaluate the benefits of securing long-term contracts versus selling on the spot market. Polaris current believe that a combination of both is a likely outcome; and As part of the Solar Projects acquisition, Polaris will receive exclusive development rights for two additional solar development stage solar projects totaling 26 MWdc solar located in Panama. Polaris plans to fund the acquisitions and the construction of the solar projects with cash on hand.

08:23 EDT AMMO announces plans to provide crypto currency capabilities for GunBroker.com - AMMO, owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, announced an agreement with Digital Cash Processing to provide digital payment solutions for transactions on GunBroker.com. Digital Cash Processing, a unit of Innovative Computer Professionals, is a fintech corporation providing single source solutions for global issuing and acquiring including ATM, POS, e-commerce and crypto currency processing. Fred Wagenhals, AMMO Chairman & CEO, commented on this exciting business partnership, noting that "AMMO is taking a significant step forward in our plans to further leverage the already impressive GunBroker.com Marketplace platform with our partnership with DCP. DCP offers a multitude of financial services solutions to create faster, more secure payments and processing systems. GunBroker.com already provides some of the best-in-class transactional technology, and the addition of premier digital processing capabilities to the Marketplace not only adds a new capability, but levels up the entire platform to meet the demands of an increasingly digital economy. We look forward to the synergies we can create through this partnership."

08:22 EDT TFF Pharmaceuticals enters into CRADA with US Army, The Geneva Foundation - TFF Pharmaceuticals announced that it has entered into a Cooperative Research and Development Agreement, CRADA, with the U.S. Army Medical Research Institute of Infectious Diseases, USAMRIID, part of the U.S. Army Medical Research and Development Command and the U.S Army's premier institution and facility for defensive research into countermeasures against biological warfare, and The Geneva Foundation, a non-profit that advances innovative medical research within the U.S. military.Under the terms of the CRADA, TFF Pharmaceuticals and USAMRIID will evaluate the immune response of a dry powder recombinant Vesicular Stomatitis Virus Severe Acute Respiratory Syndrome Coronavirus-2 Glycoprotein vaccine formulated using TFF's Thin Film Freezing technology. Using a well-established preclinical model, USAMRIID will assess the immunogenicity and protective efficacy against SARS-CoV-2 induced by the dry powder formulations when administered intranasally, as compared to the traditional routes of administration. "Current medical countermeasures have become less effective in recent months as new COVID-19 variants have emerged," said Glenn Mattes, President & Chief Executive Officer of TFF Pharmaceuticals. "To slow the emergence of new variants, there is an urgent need for safe, stable, and single-administration vaccines that can be rapidly deployed without the need for cold-chain handling, while maintaining efficacy against variants of concern and other respiratory pathogens."

08:20 EDT Beam Global deploys EV ARC sustainable EV charging for City of Costa Mesa - Beam Global announced that the City of Costa Mesa in Orange County California has deployed an EV ARC solar-powered EV charging system to charge the Senior Center electric shuttle bus and other City fleet electric vehicles. The system was purchased through the California Department of General Services, DGS, Contract #1-18-61-16, which serves to simplify the government procurement process and make chosen solutions available statewide at the best negotiated pricing. The City of Costa Mesa's EV ARC charging system fits in a standard parking space and is equipped with a dual port ClipperCreek brand charger capable of charging two vehicles simultaneously. The solar-powered EV ARC system generates and stores its own clean electricity. The charging system is transportable and can be relocated as City charging patterns emerge and change. "The City of Costa Mesa is demonstrating that EV ARC systems aren't just good for sedans but can fuel transit as well," said Beam Global CEO Desmond Wheatley. "With the lower total cost of ownership of electric vehicles now a broadly accepted fact, fleet electrification is being prioritized by federal, state and local governments as well as a growing number of commercial and enterprise operators. Skyrocketing gas prices due to current geo-political developments are only increasing the urgency. The EV ARC is powered 100% by the sun with no grid connection to achieve zero emissions transportation."

08:19 EDT Palomar secures $25M of aggregate resinsurance protection - Palomar Holdings announced that it has renewed $25.0 million of aggregate excess of loss reinsurance limit. The Aggregate Cover incepts April 1, 2022, has an attachment point of $30.0 million and maintains coverage for qualifying events within its per occurrence retention. This coverage applies across all perils including but not limited to earthquakes, hurricanes, convective storms, and floods above a qualifying level of $2.0 million in ultimate gross loss.

08:17 EDT Metals Company enters MoU with Epsilon Carbon - TMC, The Metals Company, announced that it has signed a non-binding Memorandum of Understanding, MoU, with Epsilon Carbon Pvt. to complete a pre-feasibility study for a commercial-scale deep-sea nodule processing plant in India with targeted production capacity of more than 30,000 tonnes per annum, TPA, of an intermediate nickel-copper-cobalt matte product used for active cathode material, CAM, for Nickel Manganese Cobalt, NMC, and other nickel-rich cathode chemistries for lithium-ion batteries and more than 750,000 TPA of manganese silicate by-product expected to be used in manganese alloy production for the steel industry. TMC and Epsilon Carbon envision a long-term partnership: TMC, through its subsidiaries, intends to supply polymetallic nodules and onshore processing expertise; Epsilon Carbon intends to finance, engineer, permit, build and operate the Project Zero Plant. Epsilon Carbon intends to deliver a pre-feasibility report for a plant in India powered by renewables and with the targeted processing capacity of 1.3 million tonnes per annum of wet nodules and production start in time to receive nodules collected from NORI-D area starting around Q4 2024, provided, that TMC's subsidiary NORI secures an exploitation contract from the International Seabed Authority. It is anticipated that TMC and Epsilon Carbon will enter a binding Heads of Terms for construction and operations of Project Zero Plant by September 30, 2022. TMC and Epsilon Carbon have both agreed not to enter into any binding agreements with third parties for the construction and operation of a processing plant for polymetallic nodules through the earlier of TMC and Epsilon Carbon entering into binding Heads of Terms contemplated in the MoU or March 31, 2023.

08:15 EDT SciSparc and Clearmind's combination reduces alcohol consumption in trial - SciSparc (SPRC) announced positive results from a pre-clinical trial as part of its ongoing collaboration agreement with Clearmind Medicine (CMNDF). Results showed a significant dose dependent effect for the MEAI treatment in reducing alcohol consumption of the treated animals, with additional significant effect for the CannAmide treatment at the lower sub-effective MEAI dose. Results showed that alcohol consumption was significantly reduced following treatment with MEAI at a dose of 40 mg/kg and at higher doses vs. consumption before treatment. Alcohol consumption was significantly reduced following dual treatment with 25 mg/kg CannAmide in addition to MEAI at a dose of 20 mg/kg and compared to consumption before treatment. The mice were provided with 20% alcohol solution, for 24 hours, three times a week, for 7 weeks, and were treated everyday with MEAI or MEAI/CannAmide during the last two weeks of alcohol treatment. The alcohol consumption was measured by weighing the alcohol bottles before and after; water consumption was measured similarly in parallel.

08:14 EDT SPAR Group announces global partnership with ParallelDots - SPAR Group announced a global partnership with ParallelDots, an artificial intelligence company that provides the most advanced image recognition solution for consumer packaged goods and retail brands. William Linnane, SPAR Group Chief Strategy & Growth Officer commented, "ParallelDots offers a leading global solution for Image Recognition via their AI-driven ShelfWatch capability. I strongly believe partnering with ParallelDots and offering this capability to our clients is fundamental as SPAR continues to enhance how it approaches merchandising solutions.Combining great people equipped with the most effective technology will deliver significantly more efficient results for our clients. This partnership opens up multiple ways to create value for CPG companies, retailers and all our clients. I look forward to working with Angam and the rest of the team, and wish them every success as we grow together."

08:14 EDT Veeco's Wet Processing Systems ordered by semiconductor manufacturer - Veeco Instruments announced that a world-leading semiconductor manufacturer has ordered multiple Veeco WaferStorm Wet Processing Systems for advanced packaging applications. The systems were chosen due to the low cost of ownership advantage and process performance compared to other platforms. The customer also operates Veeco's LSA201 Laser Spike Annealing System for their front-end-of-line processes and AP300 Lithography Systems for advanced packaging. "We are proud to have been selected by yet another world-leading semiconductor manufacturer for our wet processing technology," commented Adrian Devasahayam, Ph.D., Senior Vice President, Product Line Management. "The WaferStorm platform consistently demonstrates low chemistry usage driving low operating costs. Our wet processing systems enable next generation advanced packaging in large part because of our proprietary ImmJET solvent technology, a combination of batch immersion and single wafer spray processing that delivers superior process capabilities and low cost of ownership for photoresist strip and dry film strip applications."

08:12 EDT Rent The Runway announces Impact Strategy for ESG issues - Rent the Runway announced its Impact Strategy, outlining long-term ambitions with specific and measurable short-term goals to tackle pressing environmental and social issues that the brand -as a rental subscription model- is uniquely equipped to address. Among the company's most distinguishing commitments is its goal to displace the need for production of half a million garments by the end of fiscal year 2026, a continuation of its work to address rampant overproduction and waste in fashion. More broadly, the goals aim to encompass the full scope of RTR's business, from continuing to divert nearly 100% of unrentable clothing from landfill, to offsetting 100% of carbon emissions from shipments to and from customers beginning in FY22. The company has also committed to additional, foundational work in its efforts to drive progress within the fashion industry, endeavoring to achieve net zero carbon emissions by 2040; minimize waste from packaging; prioritize workforce diversity; and use its platform to support and amplify diversity in fashion, among other goals described further below. Rent the Runway completed several activities over the past 18 months to quantify its baseline impact and refine its understanding of the opportunities most relevant to the business. Most significantly, Rent the Runway conducted its first-ever Life Cycle Assessment in partnership with two 3rd party consultancies. The study confirmed that renting from RTR results in net environmental savings compared to the production and purchasing of new clothing across water usage, energy usage and CO2 emissions. Given the scale of garments rented on the RTR platform, this LCA can be used to assess not only Rent the Runway's impact but the clothing rental business model versus buying more broadly. The strategy consists of two ambitions, four priorities and twelve specific and measurable goals. RTR is focused on expanding and deepening its impact, both from within its business as well as through engagement with a wider ecosystem of partners who play critical roles in driving change, and plans to hold itself accountable by reporting against goals annually. Ambition 1: Rent the Runway will harness the power of its unique business model to set the standard for more sustainable fashion. Priority 1: Reduce carbon emissions and operate with net zero emissions by 2040. Displace the need for new production of 500,000 garments by fiscal year end 2026. Power our owned and operated facilities with 100% renewable electricity by fiscal year end 2026. Quantify supply chain emissions by fiscal year end 2024. Sustainably source 50% of key materials for its Exclusive Designs by fiscal year end 2026. Priority 2: Minimize waste from the business. Divert 90% of waste from warehouse operations from landfill by fiscal year end 2026. Eliminate unnecessary single-use plastic packaging to customers and only utilize reusable, compostable or 100% recycled content for necessary plastic packaging to customers by fiscal year end 2023. Ambition 2: Cultivate a culture and community where all people are inspired, empowered and thrive. Priority 1: Ensure its workforce remains diverse and that leadership reflects the population of individual contributors. Maintain on average 40% representation of racial and ethnic minorities1 for its US corporate workforce through fiscal year 2026. Maintain on average 50% representation of individuals identifying as women and non-binary in the US workforce through fiscal year 2026. Double representation of LatinX leadership in the new hire classes at its Secaucus warehouse by fiscal year end 2026. Double representation of Black and LatinX leadership in new hire classes at its Dallas warehouse by fiscal year end 2026. Priority 2: Use Its Platform To Support And Amplify Diversity In Fashion. $10 million cumulative spend with Black designers between fiscal year 2022 and fiscal year end 2026. Ensure at least 40% representation of racial and ethnic minorities1 in marketing materials and imagery by fiscal year end 2026.

08:11 EDT Axcelis ships multiple Purion high energy systems to manufacturers in Asia - Axcelis has shipped multiple Purion VXE high energy systems to multiple CMOS image sensor manufacturers located in Asia. The Purion VXE is an extended energy range solution for the Purion XE high energy implanter.

08:10 EDT POLSA enters letter of intent with Virgin Orbit to advance space capabilities - In an official letter of intent with the Virgin Orbit, the Polish Space Agency, or POLSA, the agency overseeing Poland's space development, conveyed its interest in bringing a domestic launch capability to Poland, a development made possible through Virgin Orbit's air-launched LauncherOne system. The signed letter codifies the Polish government's intent to collaborate with Virgin Orbit to conduct a detailed analysis of LauncherOne's practical applications in support of Poland's science and economy industries. The letter of intent was signed by POLSA president, Grzegorz Wrochna and Virgin Orbit CEO, Dan Hart, in the presence of Polish Minister of Economic Development and Technology, Piotr Nowak.

08:09 EDT Guess says Legion Partners notion to remove two individuals is detrimental - Guess? issued the following statement regarding Legion Partners' preliminary proxy statement: "The Guess Board of Directors is open to new ideas to create value for all shareholders and has a long track record of shareholder engagement and responsiveness. However, to date, Legion Partners has not presented any new ideas with regard to the Company's strategy or operations that will advance our core objective of driving value for Guess shareholders. Instead, Legion has created a massive distraction to the senior executives who have performed extremely well, as demonstrated by the results released yesterday. We believe that Legion's grand idea to date --- removing two individuals who have been critical to our success, would be very destabilizing and detrimental to the Company. The Company believes the foundation of Legion's withhold campaign is based on information from the media and from misinformed and uncorroborated sources. Guess has addressed these issues on multiple occasions and will continue to discuss them as appropriate with Guess shareholders going forward. In the meantime, we encourage shareholders to ignore the campaign that Legion is advancing, which the Company finds not only irresponsible but reckless. It is worth noting that Guess is currently responding to a Demand for Board Action letter from Legion . As previously announced, the Guess Board established a Demand Review Committee to investigate the subject matter of the demand. The Company finds Legion's withhold campaign to be nothing more than an attempt to end-run the demand-process that Legion itself started. We believe it demonstrates that Legion is not interested in the facts, and only interested in pursuing a singular predetermined outcome.," noted Guess? in a statement.

08:09 EDT Target tests first net zero energy store - Target announced its most sustainable store to date, as the site will generate more renewable energy than it needs annually to operate and will test multiple innovations to reduce the building's emissions. The Vista, California, store's retrofit and new features will inform Target's investments in new stores and remodel programs that support its long-term growth and help guide the retailer's efforts to achieve its sustainability goals. The store will generate renewable energy through 3,420 solar panels across its roof and newly installed carport canopies. The site is expected to produce up to a 10% energy surplus each year that it can transmit back to the local power grid, and Target has applied for net zero energy certification from the International Living Future Institute. The building also features elements to further reduce emissions, such as powering its HVAC heating through rooftop solar panels, instead of natural gas. Additionally, the store switched to carbon dioxide refrigeration, a natural refrigerant, that Target will scale chain-wide by 2040 to reduce its direct operations' emissions by 20%.

08:08 EDT Guardant Health issues statement in response to Illumina lawsuit - Guardant Health (GH) provided the following statement regarding a lawsuit filed by Illumina (ILMN) that seeks to challenge Guardant Health's ownership and authorship of a portion of its intellectual property. Commenting on the lawsuit, John Saia, the company's SVP, general counsel and corporate secretary, said: "At Guardant Health, our mission for the last 10 years has been to develop groundbreaking blood tests that improve cancer care and save patients' lives. Nearly a decade after these patents were filed, Illumina's lawsuit frivolously challenges our ownership and authorship of our intellectual property, which is the backbone of our vital work. We believe Illumina is using the courts to retaliate against us for registering concerns about the antitrust implications of Illumina's acquisition of Grail - another provider of blood-based cancer tests - and in an attempt to slow us down in the marketplace as we get ready to launch our blood test to screen for early signs of colorectal cancer. Despite these efforts, our long-term supply agreement with Illumina remains in force and our work for patients will not be interrupted. However, we cannot stand by and allow unfair practices in the marketplace or false claims to be made about our intellectual property, which we will vigorously defend. The stakes are too high for the cancer patients who rely on our important work."

08:06 EDT PainReform provides year-end business update - As of December 31, 2021, the Company had cash and cash equivalents of $16.6M. Ilan Hadar, Chief Executive Officer, stated, "We remain on track to commence our Phase 3 clinical trial of PRF-110 in bunionectomy in the second half of 2022. Specifically, we are advancing the manufacturing of PRF-110 clinical batches with our partner Pharmaceutics International, a U.S.-based contract manufacturing organization. After completion of the first trial, we plan to initiate the Phase 3 hernia repair clinical trial based on a similar study design to the prior Phase 2 trial. According to Persistance Market Research, the post-operative pain management market was valued at over $35 billion in 2021, of which, opioids accounted for two-thirds of this market. We believe PRF-110 has the potential to address the significant unmet need for a long-acting local anesthetic agent to spare opioid use and reduce hospital length of stay due to complications. At the end of 2021, we had $16.6 million of cash on hand and positive working capital of approximately $18.3 million. We have maintained a healthy balance sheet without any debt. I am excited about the outlook for 2022 and look forward to a number of key upcoming catalysts that we believe will further enhance shareholder value, including the start of enrolment and dosing of the first patients. Given that the patient monitoring period is only 72 hours in the trial, I expect this to be a rapid and cost-efficient trial," concluded Hadar.

08:06 EDT Mindset Pharma CEO says 'encouraged' with progress made so far - Mindset Pharma issued a letter to shareholders from James Lanthier, Chief Executive Officer of Mindset, which read in part, " As we continue to diligently advance our development pipeline, I would like to take a moment to provide an update on our efforts, highlighting our current partnership with the McQuade Center for Strategic Research and Development , a member of the global Otsuka family of pharmaceutical companies, our clinical strategy, and development progress across our pipeline of innovative compounds, which provide a de-risked and well-supported path to the clinic...The partnership with MSRD is a major milestone, not only for Mindset but for the broader medical psychedelic industry. This partnership represents a bridge from traditional big Pharma to the new emerging world of psychedelic medicine, which is an industry first. The fact that Mindset spearheaded the first partnerships with big pharma is a testament to our world class innovations and quality of our science and rigorous drug development and validates our strategy for second generation, optimized drug discovery approach. This partnership provides ongoing funding of development expenses needed to bring clinical candidates from Mindset's Families 2 and 4 of next-generation psilocybin and 5-MeO-DMT compounds, respectively, through Phase 1a and Phase 1b human clinical trials, and in addition, a payment to Mindset in the amount of US$5 million. This collaboration supports both Mindset and Otsuka's mission to provide mental health solutions to a massive, underserved, population. MSRD has extensive regulatory and clinical expertise that will be instrumental in developing a successful human clinical framework. We are excited to further collaborate and explore additional opportunities with MSRD with the aim of broadening access to safe and effective mental health treatments...In addition to our Families 2 and 4 compounds, we continue to evaluate and collect a strong critical data package for our psilocybin-inspired Families 1 and 3 drug candidates. In Family 1, we identified a lead drug candidate, MSP-1014, which we believe is well-suited to address Treatment-Resistant Depression and End-of-Life Cancer Angst. In preclinical studies, MSP-1014 has demonstrated an improved efficacy and safety profile compared to first-generation psilocybin. Due to its differentiated characteristics, it is considered a new chemical entity (NCE) and we have developed a patent strategy to protect this asset. Early in 2022, we secured a leading contract manufacturer to produce pharmaceutical grade batches of MSP-1014 for IND-enabling studies and subsequent human phase 1 clinical trials l. While we continue collecting data, we are pursuing development partners to support the clinical process. In Family 3, we identified compounds that have potential to treat a range of mental health disorders in the form of daily, take-home, medications. Our preclinical data suggests that, a range of doses may be sub-hallucinogenic doses, and we plan to examine this class of compounds for pro-cognitive benefits. The ability to provide pro-cognitive solutions without a psychedelic effect will suit vulnerable patient populations such as juvenile ADHD, Alzheimer's disease, and a range of other psychiatric disorders s. In late 2021, we filed an international patent to cover our Family 3 compounds. We plan to continue studying the effects of our Family 3 compounds through further preclinical animal models, but are extremely pleased and encouraged by our initial results...I am extremely encouraged with the progress we've made so far in bringing novel mental health therapies one step closer to patients in need. We have a strong team and alliances in place to expedite our time-to-market and de-risk our drug development programs. We will continue to work hard on the research and development side to unlock new discoveries so that we can provide better insight into the pharmacological potential of psychedelic medicines, both for the industry at large and, one day, to help patients overcome a range of psychiatric disorders."

08:04 EDT Juniper, NEC selected by Raizen to deploy Wi-Fi network - Juniper and NEC Corporation announced that they have been selected by Raizen, a bio-energy solutions company, to design and deploy a new Wi-Fi network for its headquarters in Sao Paulo and offices in Piracicaba, Brazil. In a competitive bid that ousted the legacy provider, the Juniper Mist AI solution was chosen to advance the online experience for Raizen's workforce across its main campus.

08:03 EDT HYTN begins accepting orders directly from provinces, territories - HYTN Innovations is pleased to announce that it has begun accepting orders directly from Provincial buyers. This news builds on HYTN's February 22 announcement that it had been awarded approval to sell cannabis products to provincially and territorially authorized retailers and that the Company was preparing to transition away from its partnership with Emerald Health Therapeutics. Until now, all sales of HYTN's cannabis infused carbonated beverages had been made through its partnership with Emerald in British Columbia, Alberta, Saskatchewan, Ontario and Quebec. During the transition away from Emerald, HYTN has ensured minimal disruption to its provincial partners and consumers and has prepared itself to accept orders from new markets including Nova Scotia and the Yukon. While the Company has begun to accept orders directly, it will continue to work with Emerald to ensure that all products currently in market are seamlessly transitioned. Consumers will experience no change in HYTN's products beyond an update to the manufacturer of record on the label.

08:01 EDT BIO-key to sponsor, exhibit at 2022 CISOA Technology Summit - BIO-key International announced it will be a sponsor and exhibitor at the 2022 Chief Information Systems Officers Association Technology Summit, part of the California Community College system, to be held at the Ontario Convention Center in Ontario, California March 20-23. BIO-key will be available for customer meetings to discuss migrating to the cloud, Q&A sessions, and live demonstrations of their PortalGuard platform in booth 405.

07:51 EDT Warby Parker drops 12% to $23.60 after FY22 revenue guidance misses estimates

07:44 EDT Teck Resources reports 2021 sustainability performance - Teck Resources announced the release of its 21st annual Sustainability Report, highlighting its "sustainability and ESG performance in 2021 and progress on our sustainability strategy goals," the company said. Under the company's expanded strategy, its has set a goal to achieve net-zero Scope 2 greenhouse gas emissions by 2025 and announced an ambition to achieve net-zero Scope 3 emissions by 2050. 2021 Sustainability achievements included: Reduced High-Potential Incident Frequency by 38% from the previous year and Lost-Time Disabling Injury Frequency by 11%; Increased the number of women in senior management to 29% in 2021 from 20% in 2020; Sourced 96% of all electricity requirements from renewable, zero-carbon power sources; Decreased the carbon intensity of operations by 5%; Advanced climate goals; Set an annual record for reclamation progress in the B.C. Elk Valley; Significantly advanced the Elk Valley Water Quality Plan in B.C. with the completion of two major projects; Advanced construction of a seawater desalination plant at our QB2 copper project in Chile to avoid the use of fresh water in this water-scarce region; Invested $23.9 million in local, regional, national and global programs.

07:41 EDT Marathon Gold reports completion of federal review of EIS for Valentine Gold - Marathon Gold announces that the Impact Assessment Agency of Canada, IAAC, has completed its technical review of the Environment Impact Statement, EIS. This is an important milestone in the federal Environmental Assessment, EA, process as the Project advances towards EA Release. IAAC will issue the draft EA Report for the Project for public comment for 30 days. A parallel provincial EA for the Project is ongoing. Under this provincial process, a 70-day period of public and technical review of the EIS is nearing completion. At that time, Marathon expects to be notified by the Newfoundland and Labrador Minister of Environment and Climate Change, as to whether the provincial EIS review has also been completed. Successful release from both federal and provincial EA is a pre-condition for the completion of mine permitting and the commencement of mine construction.

07:39 EDT InMed Pharmaceuticals announces CFO Colwill to retire - InMed Pharmaceuticals announces that its Chief Financial Officer, CFO, Bruce Colwill, will be retiring and will be stepping down from his position at the Company effective March 31, 2022. Colwill will continue to serve as an advisor through June 30, 2022 to facilitate a smooth transition. Brenda Edwards has been appointed as Interim Chief Financial Officer of the Company effective April 1, 2022. The Company has initiated a search for a full time replacement. Edwards brings over 35 years experience to InMed including over 20 years as a Chief Financial Officer of both private and public companies.

07:36 EDT Newmont Coffee Gold Project approved by federal and territorial governments - Newmont Corporation announced that the Governments of Yukon and Canada, after consultation with Yukon First Nations, have jointly accepted the recommendation the Coffee Gold Project be allowed to proceed by the Yukon Environmental Socioeconomic Assessment Board's YESAB. "Newmont is pleased that the Federal and Territorial Governments and our First Nations partners recognize the significant benefits of the Coffee Gold Project and Newmont's commitment to delivering our purpose to create value through sustainable and responsible mining," said Mark Rodgers, Regional Senior Vice President, Newmont North America. "The decision to approve the Coffee Gold Project provides much-needed certainty about the future of the project and the development of this strategic asset. We look forward to continued engagement with Government and Yukon First Nations." Earlier in 2022, YESAB recommended to the Territorial and Federal Governments that the project be allowed to proceed, with the recommendation being recently accepted. YESAB, in their role as an independent body, is tasked with the assessment responsibilities of the Yukon Environmental and Socio-economic Assessment Act legislation and regulations. "We are very pleased to reach a decision that will allow the Coffee Gold Project to move forward," said Yukon Premier Sandy Silver. "This is another example of the effectiveness of the Yukon's environmental and social-economic assessment process that continues to uphold responsible development in the territory. The Coffee Gold Project will provide significant employment opportunities for many Yukoners and contribute to the territory's growing economy. Through our ongoing engagement with Yukon First Nations and our collaboration with the Government of Canada, we look forward to supporting the next stages in the development of the Coffee Gold project." The Coffee Gold Project is a proposed open-pit and heap leach gold mine located in west-central Yukon, approximately 100 km east of Beaver Creek. During the peak of construction, the proposed project is estimated to provide nearly 700 jobs for Yukoners. Newmont has a long track record of working collaboratively with governments and First Nations to responsibly develop mineral projects in Canada. We will continue to implement best practices and work cooperatively with the Yukon Government, Canada, and First Nations to progress development of the Coffee Gold Project.

07:35 EDT Soligenix's COVID-19 vaccine boosts neutralizing activity in non-human primates - Soligenix announced today the results of a booster vaccination study using CiVax - heat stable COVID-19 subunit vaccine program - in non-human primates demonstrating rapid enhancement of neutralizing antibody responses to SARS-CoV-2, including against Delta and Omicron variants. The in non-human primates had been double vaccinated with an adenovirus vaccine for COVID-19 seven months previously. Prior to administration of the booster vaccine, neutralizing antibody levels against the original and Delta strains of SARS-CoV-2 were low, but detectable, and were undetectable for the Omicron strain. Within one week of receiving booster, neutralizing antibody levels increased as much as 27-fold against the original and Delta strains. By three weeks this increased up to 243-fold. Protective neutralizing antibody levels were also rapidly raised against Omicron by one-week post-vaccination. These results are consistent with activity observed to date with CiVax on primary vaccination. These most recent results are part of the ongoing collaboration with Axel Lehrer, Associate Professor at the University of Hawaii at Mnoa. CiVax development continues under a non-dilutive $1.5M Small Business Innovation Research grant from the National Institute of Allergy and Infectious Diseases awarded to Soligenix in December 2020.

07:34 EDT Century Therapeutics sees cash, cash equivalents funding operations into 2025 - Century Therapeutics (IPSC) reports cash, cash equivalents, and marketable securities were $358.8 million as of December 31, 2021, as compared to $76.8 million as of December 31, 2020. The Company expects its cash, cash equivalents, and marketable securities, including proceeds from the Bristol Myers Squibb (BMY) collaboration agreement, will support operations into 2025.

07:31 EDT Golden Matrix begins trading on Nasdaq Capital Market - Golden Matrix Group announced that The Nasdaq Stock Market LLC has approved the listing of the Company's common stock on the Nasdaq Capital Market, which is expected to begin trading under the Company's current trading symbol "GMGI", at the open of market on Thursday, March 17, 2022.

07:25 EDT Oncolytics' pelareorep shows anti-cancer stimulation in peer-reviewed study - Oncolytics announced the publication of preclinical and patient data on pelareorep in the peer-reviewed journal Immunology. Described in the paper are in vitro studies evaluating pelareorep's effects on Natural Killer cells as well as analyses of blood samples from patients with colorectal liver metastases taken prior to and after treatment with pelareorep. Results showed pelareorep treatment led to the activation of NK cells, which are known to directly kill cancer cells while stimulating adaptive anti-tumor immunity. The beneficial effects of pelareorep were observed both in patient samples and in vitro and were mediated by type 1 interferon signaling, a key pathway involved in immunoregulation and tumor cell recognition.

07:22 EDT El Pollo Loco introduces Mexican Shredded Beef Birria - El Pollo Loco is making history as the first QSR to add Mexican Shredded Beef Birria to its menu for a limited time. Birria is the latest Mexican food craze to hit the U.S., after having grown in popularity on social media. The new El Pollo Loco menu items are a notable departure from the brand's namesake of chicken, a strategic choice to honor birria recipes reflective of the restaurant's L.A. Mex heritage.

07:21 EDT AxoGen publishes inaugural ESG report - Axogen published its inaugural Environmental, Social, and Governance report highlighting the company's corporate responsibility and sustainability initiatives. Axogen's 2021 ESG Report showcases several of the company's recent ESG-related accomplishments, including: advancing our innovation pipeline with new products in development and clinical studies to expand our treatment algorithms; initiating programs in Diversity, Equity, and Inclusion and launching our first Employee Resource Group to broaden our reach to talent; renovating and developing facilities with improved sustainability measures; improving data security; and supporting charitable organizations at all locations.

07:20 EDT OTC Markets announces agreement to acquire Blue Sky Data Corp - OTC Markets announced that it has signed a definitive agreement to acquire the assets of Blue Sky Data Corp, a provider of equity and debt compliance data regarding state "Blue Sky" securities rules and regulations. This transaction, which is subject to customary closing conditions, is expected to close on or about May 2, 2022. "The acquisition of Blue Sky Data Corp's assets marks an important milestone for our company as we expand the breadth and depth of Blue Sky digital compliance solutions we provide to our subscribers," said Cromwell Coulson, President and CEO of OTC Markets Group. "We are adding a unique data set of state law compliance to the information on federal disclosure standards that we currently provide. This will allow broker-dealers to streamline secondary trading and assist issuers of securities in demonstrating their qualifications under complex Blue Sky requirements."

07:18 EDT Tecnoglass Special Committee completes review, did not identify evidence of frau - Tecnoglass announced that the Special Committee of the Company's Board of Directors that was formed to assess the allegations in a short seller report issued on December 9, 2021 has completed its fact-finding assessment. Consistent with the allegations in the short seller report and as previously outlined, the Special Committee's mandate was to investigate whether transactions with certain related parties were not properly disclosed, identify and consider the controls associated with related party transactions, and assess the veracity of allegations in the short seller report of past law enforcement activity involving certain Tecnoglass officers. While the Special Committee has been focused only on the issues outlined above, the Special Committee did not, during the course of its work, identify evidence of fraud associated with the related-party transactions referenced in the short seller report. The findings from the Special Committee's review have not resulted in an adverse effect on the Company's consolidated financial statements, results of operations, or liquidity for the fiscal year ended December 31, 2021 or other previously reported periods. As part of this assessment, the Company did not identify any accounting inconsistencies requiring restatements of previous financial statements. Yesterday, the Company filed its 2021 Annual Report on Form 10-K with the Securities and Exchange Commission in which the Company concluded that its internal controls over financial reporting were effective in providing reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A copy of The Company's Annual Report on Form 10-K and its independent auditor's opinion is available on the SEC's website at http://sec.gov.

07:14 EDT Destination XL board authorizes $15M stock repurchase program - On March 15, 2022, the Board authorized a $15.0 million stock repurchase program.

07:10 EDT Textron to acquire Pipistrel, terms undisclosed - Textron announced it has entered into an agreement to purchase Pipistrel, an electrically powered aircraft company, based in Slovenia and Italy. Upon closing of the transaction, Textron plans to form a new business segment, Textron eAviation, focused on the development of sustainable aircraft, which will include Pipistrel. Pipistrel founder and CEO Ivo Boscarol will remain a minority shareholder as well as Chairman Emeritus, consulting on future product plans and strategies for a two-year period. The transaction is expected to close during the Q2, subject to customary closing conditions, including regulatory approvals.

07:08 EDT Cabaletta Bio expects cash to fund operating plan through 3Q23 - As of December 31, 2021, Cabaletta had cash and cash equivalents and investments of $122.2 million, compared to $108.7 million as of December 31, 2020. This increase primarily reflects net proceeds of $48.3 million from sales of common stock under Cabaletta's at-the-market offering program in the year ended December 31, 2021, partially offset by cash used in operations. The Company expects that its cash and cash equivalents as of December 31, 2021, will enable it to fund its operating plan through the third quarter of 2023.

07:06 EDT MediWound expects cash to fund operating expenses for next 24 months - As of December 31, 2021, MediWound had $11.0 million in cash and short-term investments, compared to $21.6 million as of December 31, 2020. The Company utilized $10.6 million to fund its operating activities in 2021. On March 7, 2022, the Company completed a public offering, which provided the Company with an additional $10 million in gross proceeds. The Company expects cash use for 2022 to be in the range of $11 to $13 million. Based on our current operating plan, we believe that existing cash and cash equivalents will be sufficient to fund currently anticipated operating expenses for at least the next 24 months.

07:03 EDT iKena Oncology expects cash to fund operations through 1H24 - Cash and equivalents as of December 31, 2021 were $232.2 million, providing projected runway through the first half of 2024. Runway extension guidance based on IK-412 pause and other capital efficiency planning.

06:58 EDT IFF increases global prices across all divisions - IFF is implementing broad-based pricing actions across all four divisions - Nourish, Health & Biosciences, Scent, and Pharma Solutions. The immediate need for these price increases is driven by the continued and significant escalation of raw material, energy and logistics costs as a result of the current geopolitical climate. Pricing actions will vary by business and be driven by specific product cost increases. These actions will include more frequent pricing reviews. Actions on specific accounts will be communicated by the respective account managers.

06:56 EDT Kontoor Brands appoints Chris Waldeck and Tom Waldron as Co-COOs - Kontoor Brands announced the following executive leadership appointments: Chris Waldeck, currently EVP, Global Brand President of Lee, will become EVP, Co-COO, Global Brand President, Lee. In addition to his continued responsibilities as EVP and Global Brand President of Lee, Chris will assume responsibility for Kontoor's international markets and Direct to Consumer channels. Tom Waldron, currently EVP, Global Brand President of Wrangler, will become EVP, Co-COO, Global Brand President, Wrangler. In addition to his continued responsibilities as EVP and Global Brand President of Wrangler, Tom will have greater oversight of the operational side of the business, including product development, innovation and procurement enabling functions.

06:53 EDT Commercial Metals anticipates strong FY22 performance - Smith said, "We continue to anticipate strong fiscal year 2022 financial and operational performance. Current robust demand for each of CMC's major product lines is expected to persist throughout the upcoming spring and summer construction season, underpinned by our growing downstream backlog as well as solid levels of new work entering the project pipeline. The war in Ukraine raises significant geopolitical and economic risks that we are monitoring closely. To date, CMC has not experienced any disruptions to our operations, workforce, or end-market demand. Shipment volumes of finished steel products have historically increased from second quarter levels, driven by seasonal factors, and we expect shipments during the third quarter of fiscal 2022 to follow these trends. We anticipate strong third quarter financial results, with margins remaining at high levels," Smith added.

06:52 EDT Equitable Holdings' AllianceBernstein to acquire CarVal Investors for $750M - Equitable Holdings announced that one of its subsidiaries, AllianceBernstein has entered into an agreement to acquire CarVal Investors L.P. CarVal is an established global private alternatives investment manager with $14.3B in AUM, primarily focused on opportunistic and distressed credit, renewable energy infrastructure, specialty finance and transportation investments. The details of the transaction are as follows: AB has announced a definitive agreement to purchase 100% of CarVal for an upfront purchase price of $750 million and a multi-year earnout if certain targets are reached. The deal will be funded primarily through the issuance of AB units. This efficient deal structure has no impact to EQH capital position or cash flows as higher fee revenue from CarVal offsets the change in EQH's ownership in AB from 65% to c.62%, with the potential to reach c.60% if the full earnout is paid upon certain targets being reached. The deal is neutral to EQH EPS in the short term and accretive thereafter. The acquisition is part of the Company's previously announced strategy to drive increased returns while growing AB's private markets business through a $10 billion capital commitment, by allocating $750 million of General Account assets to CarVal strategies. Additionally, the Company's strong capital position, year-end cash of $1.6 billion at Holdings and the deal structure, which includes a significant portion to be paid through an earnout structure, gives the Company confidence in the transaction in the current market environment. Lastly, CarVal's differentiated capabilities in distressed credit will provide more opportunities to generate excess returns. At the transaction closing, expected to occur in the second quarter of 2022, CarVal will become a wholly owned subsidiary of AllianceBernstein L.P. and will be rebranded as AB CarVal Investors. The transaction is subject to customary regulatory and closing conditions. CarVal and its employees will continue to operate from its Minneapolis, Minnesota headquarters and its office locations around the world.

06:47 EDT First Reserve Sustainable Growth, EO Charging mutually terminate merger pact - Juuce Limited, which does business as EO Charging, and First Reserve Sustainable Growth Corp., announced that the companies have mutually agreed to terminate their previously announced agreement and plan of merger, effective immediately. Both parties decided to terminate the Business Combination Agreement as a result of unfavourable market conditions.

06:41 EDT BitNile provides update on Bitcoin mining operations - BitNile (NILE) published an update on its Bitcoin (BTC) miner installations and delivery schedule at its Michigan data center. To date, BitNile has invested approximately $111M in building and mining infrastructure at its Michigan data center and Bitcoin miners from Bitmain Technologies. Installations and deliveries are on track with approximately 2,200 installed S19j Pro Antminers and 300 additional S19j Pro Antminers scheduled to be delivered for immediate installation. At the end of March, the company expects to take receipt of approximately 2,300 S19j Pro Antminers, which would bring the company's installed and active S19j Pro Antminers miners to approximately 4,800, that, once installed, are expected to produce more than two Bitcoin per day based on current market conditions, including a mining level of 27.55 trillion. BitNile had entered into purchase agreements with Bitmain for a total of 20,600 Bitcoin miners, including 4,600 environmentally friendly S19 XP Antminers that feature a processing power of 140 terahashes per second and 16,000 S19j Pro Antminers that feature a processing power of 100 TH/s. Once all 20,600 miners are fully deployed and operational, BitNile is expected to achieve mining production capacity of approximately 2.24 exahashes per second.

06:37 EDT Metals Acquisition to acquire CSA Copper Mine in Australia from Glencore - Metals Acquisition has entered into a definitive sale and purchase agreement with Glencore to acquire CSA for total consideration of $1.1B, consisting of $1.05B of cash and $50M of common equity, plus a 1.5% copper NSR. The Transaction will be effected by the acquisition by MAC's 100%-owned subsidiary, Metals Acquisition Australia, of the issued share capital of Cobar Management Pty Limited, a 100%-owned Glencore subsidiary which owns CSA. CSA is a producing, high-grade, long-life, underground copper mine located in the Tier 1 mining jurisdiction of western New South Wales, Australia. CSA has been in operation since 1967. In 2021, CSA produced 41kt of payable copper and 459koz of payable silver, with normalised C1 cash cost of $1.72 per pound of copper. CSA has a current estimated mine life of over 15 years, and MAC has identified opportunities to further extend it, subject to exploration success. CSA will benefit from approximately $130M of recent capital investment expected prior to transaction completion. The $1.1B purchase price implies a 4.5x multiple of 2022E EBITDA. The Transaction is expected to be completed in 2022, subject to the approval of MAC's shareholders and other customary closing conditions, including regulatory approvals.

06:36 EDT Hamilton Beach, HealthBeacon announce U.S. launch of Smart Sharps Bin - Hamilton Beach (HBB) and HealthBeacon announced the Smart Sharps Bin from Hamilton Beach Health powered by HealthBeacon is now available in the U.S. from a new direct-to-consumer website and Amazon (AMZN).

06:32 EDT Centogene announces expansion of data access agreement with Pfizer - Centogene (CNTG) announced an expansion of the company's data access and collaboration agreement with Pfizer (PFE). The initial agreement, which granted Pfizer access to data of interest from Centogene's Bio/Databank, was established in 2019 to advance the discovery and validation of novel genetic targets as candidates for the development of new therapies for rare diseases. A new collaborative research project has now been initiated, which may be used to validate rare genetic causes of neurodegenerative diseases as potential targets for specific diseases. Data will be generated based on an existing cohort of patient samples from Centogene's Bio/Databank.

06:23 EDT Toyota sees April-June global production plan average of 800,000 units - The company stated, "Our global production plan for April including overseas production is approximately 750,000 units (250,000 units in Japan and 500,000 units overseas). Although the number of units we provided to our suppliers at the beginning of the year includes recovery from previous production cutbacks, due to the impact of semiconductor shortages, we have adjusted our production plan by approximately 150,000 units globally. The global production plan average from April through June is around 800,000 units." Reference Link

06:06 EDT Yandex's deputy CEO, executive director Tigran Khudaverdyan steps down - Yandex announced on Tuesday that Tigran Khudaverdyan has stepped down with immediate effect from his positions as Executive Director and Deputy CEO of Yandex N.V. and at its Dutch subsidiaries. Yandex said in a statement that it has a strong and deep management team in place and the Board will consider the appropriate management structure going forward. Elena Bunina will continue to serve as General Director of our principal operating subsidiary, Yandex LLC, until April 15. "We were shocked and surprised to learn that Tigran was designated under EU sanctions, and we are extremely sorry to see him step down from his Executive Director and Deputy CEO roles," said John Boynton, Chairman of the Yandex N.V. Board. "Over the past 15 years Tigran has worked tirelessly to help to transform Yandex into a world-class information technology business while serving the interests of the company's stakeholders." Reference Link

06:03 EDT Cloudflare, Crowdstrike expand partnership - Cloudflare (NET) announced it is expanding its partnership with CrowdStrike (CRWD). Cloudflare is integrating its Zero Trust platform with CrowdStrike Falcon Zero Trust Assessment to give joint customers simple and powerful controls to ensure employees have secure access to applications wherever they are working. Through this integration, Cloudflare and CrowdStrike are bringing together world-class technologies to provide joint customers with Zero Trust capabilities that are unmatched in the industry.

05:50 EDT Eqonex appoints Jonathan Farnell as CEO - Eqonex and Bifinity, a payments technology company that is part of Binance, took the next step in solidifying their strategic partnership with the appointment of Eqonex's new CEO and two new members to the Eqonex board. Jonathan Farnell, who previously served as Head of Binance UK and CEO of Bifinity, has been appointed as CEO of Eqonex and a director on the board. Helen Hai, president of Bifinity, has also been appointed to the board. Both appointments are effective immediately. The current interim CEO Andrew Eldon will revert back to his primary roles of COO and interim chief marketing officer. Under the terms of the strategic partnership announced last week, Bifinity had the right to nominate key appointments, including the CEO and two new board members. Bifinity will also nominate two additional senior leaders in the coming weeks. As CEO, Farnell will play a role in fast-tracking the collaboration between both businesses. The initial phase of this strategic partnership will put in place a framework for Bifinity to safeguard some of its client assets with Eqonex's FCA registered custodian, Digivault, in compliance with all applicable regulatory requirements. As part of these organizational changes, current board members Andrew Eldon, Eqonex COO and interim chief marketing officer, and Paul Ewing, Eqonex CFO will step down from the Eqonex board, effective immediately.

05:17 EDT KKR to acquire MC-UBSR for $2B in all-cash transaction - KKR (KKR), Mitsubishi, UBS (UBS) and UBS AG announced the signing of a strategic transaction by a subsidiary of KKR, which is acquiring all of the outstanding shares of Mitsubishi Corp.-UBS Realty, or MC-UBSR, from Mitsubishi and UBS Asset Management, or UBS-AM, in an all-cash transaction valued at $2B. MC-UBSR is one of the largest real estate asset managers in Japan. The acquisition creates strong strategic synergies between MC-UBSR' dedicated team of real estate professionals in Japan and KKR's 135-person global real estate team. 76KK, a subsidiary of KKR, to acquire all of the outstanding shares of MC-UBSR in an all-cash transaction valued at $2B. 76KK will also acquire the units in JMF and IIF currently held by Mitsubishi at market price, thereby strengthening the alignment of interest between KKR and the unitholders of JMF and IIF. MC-UBSR's existing management team of professionals is expected to remain in place and continue to manage JMF and IIF. KKR intends to work closely with the existing team to integrate the business with KKR's $41B real estate business. The investment will be held on KKR's balance sheet, not in any client funds. The transaction is expected to be immediately accretive to KKR on a fee related earnings per share basis. The transaction is expected to close in April and is subject to required regulatory approvals and certain other customary closing conditions.

05:06 EDT Procore launches in France - Procore announced its launch in France as part of continued global expansion. It comes at a time of continued regional growth across EMEA following its launches in UKI and MENA in 2018 and 2021 respectively.