Stockwinners Market Radar for June 30, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DNA

Hot Stocks

20:07 EDT Cathie Wood's ARK Investment bought 1.54M shares of Ginkgo Bioworks today
FCPT

Hot Stocks

20:06 EDT Four Corners Property Trust acquires Red Robin Property for $2.4M - Four Corners Property Trust "announces the acquisition of a Red Robin property for $2.4M from the PREIT transaction previously announced in June 2022. The property is located in a strong retail corridor in Maryland and is occupied under a triple net lease to the corporate entity with approximately 4 years of term remaining."
CVS

Hot Stocks

18:54 EDT CVS Health exec sells $13.2M in common stock - In a regulatory filing, CVS Health disclosed that its General Counsel Thomas Moriarty sold 138.6K shares of common stock on June 28th in a total transaction size of $13.2M.
ZBRA HON

Hot Stocks

18:34 EDT Zebra Technologies to pay $360M in patent-related settlement with Honeywell - The company states: "On June 28, 2022, Zebra Technologies (ZBRA) and Honeywell International (HON) entered into a license and settlement agreement (the "Agreement") to resolve all patent-related litigation between the Company and Honeywell. Under the Agreement, the Company and Honeywell each deny liability and agreed to a mutual general release from all past claims; entered into a covenant not to sue for patent infringement; agreed to a payment by the Company to Honeywell for past damages of $360 million which will be charged in the Company's second quarter results and will be paid in equal quarterly installments over eight quarters; and entered into a royalty-free cross-license with respect to each party's existing patent portfolio for the lives of the licensed patents. The Agreement also provides for the Company and Honeywell to dismiss all pending IP litigation in U.S. district courts, the U.S. International Trade Commission, and various courts outside the U.S. between the parties."
TWTR

Hot Stocks

18:33 EDT User reports indicate problems at Twitter, Downdetector says - Reference Link
MDLZ

Hot Stocks

18:29 EDT Mondelez' Enjoy Life Natural Brands recalls baked snack products - The company states: "Enjoy Life Natural Brands LLC announced today a voluntary recall, out of an abundance of caution, of a limited quantity of a select list of baked snacks products due to the potential presence of hard plastic pieces. The company became aware of this issue as a result of internal quality assurance surveillance. This recall is limited exclusively to the Enjoy Life products and Best By Dates listed in the grid below which are sold in retail stores and online in the United States and Canada. No other Enjoy Life Foods products are affected by this voluntary recall."
CLDX

Hot Stocks

18:12 EDT Celldex presents positive Phase 1b interim data from barzolvolimab - Celldex announced interim data from the company's ongoing Phase 1b clinical trial of barzolvolimab in patients with moderate to severe chronic spontaneous urticaria - CSU - refractory to antihistamines. CSU is characterized by the occurrence of hives or wheals for 6 weeks or longer without identifiable specific triggers or causes. Multiple doses of barzolvolimab resulted in dose-dependent decreases in itch and hives with a mean UAS7 reduction of 66.6% in all patients in the 1.5 mg/kg dose group at week 12 and 75.1% in all patients in the ongoing 3.0 mg/kg dose group at week 8, demonstrating meaningful symptom improvements for patients. Complete response was 57.1% for the 1.5 mg/kg dose group at week 12 and 44.4% in the 3.0 mg/kg dose group at week 8. 42% of patients treated with barzolvolimab had prior omalizumab and had similar symptom improvement as overall population. Administering multiple doses of barzolvolimab demonstrated a favorable safety profile, supporting Phase 2 clinical development.
TAK

Hot Stocks

18:07 EDT Takeda's Takhzyro reports Phase 3 data of Takhzyro in HAE attacks - Takeda announced late-breaking data from the Phase 3 SPRING study presented at the European Academy of Allergy and Clinical Immunology Hybrid Congress 2022, demonstrating positive results of Takhzyro for preventing hereditary angioedema - HAE - attacks in patients 2 to less than12 years of age, which were consistent with earlier studies in adult and adolescent patients. There are currently no long-term prophylactic treatments approved for HAE patients younger than 6 years. The primary objective of the open-label, multicenter, Phase 3 SPRING study was to evaluate the safety and pharmacokinetics of Takhzyro in patients aged 2 to less than12 years with HAE. Clinical outcomes - prevention of HAE attacks - were measured as a secondary objective. Takhzyro reduced the rate of HAE attacks in children by a mean of 94.8% compared to baseline. 76.2% of patients were attack-free during the 52-week treatment period. No deaths or serious treatment-emergent adverse events were reported during the study, and no patients withdrew from the study due to TEAEs. These results are consistent with the favorable efficacy and safety profile of Takhzyro observed in earlier studies with adult and adolescent patients. These data will be submitted to global regulatory authorities to evaluate a potential label expansion for Takhzyro to include the younger patient population.
EMR

Hot Stocks

17:56 EDT Emerson acquires life sciences company Fluxa, no terms - Emerson announced it has acquired Fluxa.The acquisition builds on Emerson's leading software and solutions portfolio and life sciences expertise. Emerson made an equity investment in Fluxa, which is based in Glendale, California, in 2021. Fluxa accelerates the speed to market for new therapies by helping drug development and manufacturing organizations harness the power of collaboration and data across sites, functions and processes. The acquisition of Fluxa's PKM software will provide customers a unique solution, integrated with Emerson's industry leading DeltaV control system and life sciences automation software, accelerating the development of new drug therapies into production. "The life sciences industry has grown rapidly, and speed to market has become increasingly important since the emergence of COVID-19," said Mark Bulanda, Executive President of Emerson Automation Solutions. "Emerson's automation solutions and market leadership, combined with Fluxa's software, automates technology transfer in one step, giving bio-pharmaceutical companies unprecedented agility to get therapies safely to patients during this critical time."
ERJ TM

Hot Stocks

17:44 EDT Embraer signs agreement with Toyota do Brasil - Embraer (ERJ) signed an agreement with Toyota do Brasil in order to embrace Toyota Production System principles and concepts in its industrial operations. The initiative aims to eliminate waste, obtain operational efficiency, and increase value generation for stakeholders. During the first phase of this joint work, a team of TPS specialists from Toyota (TM) Brazil will immerse themselves in Embraer's daily work to evaluate and suggest improvements for the company's main manufacturing area at the Ozires Silva Unit, located in Sao Jose dos Campos, Sao Paulo.
PEB

Hot Stocks

17:38 EDT Chairman of Pebblebrook Hotel Trust Bortz buys $430K in company shares - Chairman of Pebblebrook Hotel Trust Jon Bortz disclosed in a regulatory filing that he had purchased 26,000 shares of company stock at $16.54 per share between June 29 and June 30, for a total transaction amount of $429,988.
GE

Hot Stocks

17:26 EDT General Electric awarded $112M Navy contract modification - General Electric was awarded a $112M firm-fixed-price modification to a previously awarded contract. This modification exercises an option to procure 24 Lot 26 full rate production F414-GE-400 engines and devices in support of F/A-18 Super Hornet production aircraft for the Navy. Work is expected to be completed in February 2024. FY22 aircraft procurement funds in the amount of $112M will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
OSK

Hot Stocks

17:24 EDT Oshkosh awarded $216.73M Army contract modification - Oshkosh was awarded a $216.73M modification to a contract to support fielding the Joint Light Tactical Vehicle Family of Vehicles for Foreign Military Sales. Bids were solicited via the internet with three received. Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of November 30, 2023. Army Contracting Command is the contracting activity.
BAESY

Hot Stocks

17:23 EDT BAE Systems awarded $298.73M Army contract modification - BAE Systems was awarded a $298.73M modification to a contract for the production and delivery of M109A7 and M992A3 vehicles. Work will be performed in York, Pennsylvania, with an estimated completion date of December 31, 2024. FY20 and FY21 procurement of weapons and tracked combat vehicles, Army funds in the amount of $298.73M were obligated at the time of the award. Army is the contracting activity.
LMT

Hot Stocks

17:21 EDT Lockheed Martin awarded $307.1M Army contract - Lockheed Martin was awarded a $307.1M firm-fixed-price contract for repair and recertification of Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of June 30, 2027. FY22 Foreign Military Sales funds in the amount of $150.4M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
CAMP

Hot Stocks

17:19 EDT B.Riley buys $1.0M in CalAmp common stock - In a regulatory Form 4 filing, CalAmp disclosed that B. Riley Asset Management bought 225K shares of the company's common stock on June 28th in a total transaction size of $1.0M. Shares of CalAmp are up 3.4% afterhours.
HBI WWW

Hot Stocks

17:16 EDT Wolverine World Wide sells Champion trademarks to Hanesbrands for $90M - Wolverine World Wide (WWW) announced that Keds, its wholly-owned subsidiary, has sold the Champion trademarks for footwear in the United States and Canada to its longtime licensee, HanesBrands (HBI) for $90M in cash. Under the agreement, Wolverine Worldwide retains a perpetual license to continue using the Champion trademark on certain footwear, including the Keds Champion sneaker that has been a mainstay of its Keds brand for decades. The transaction also successfully resolves outstanding litigation between the parties.
SKLZ BX

Hot Stocks

17:03 EDT Skillz appoints Jason Roswig as CFO - Skillz (SKLZ) has hired Jason Roswig as the company's President and CFO. Roswig will join the company on August 8, 2022 from Blackstone (BX), where he served as Managing Director. He will replace the current Skillz CFO, Ian Lee, who is stepping down to pursue other opportunities. Formerly Managing Director in Blackstone's Private Equity and Portfolio Operations groups, Roswig had oversight of the financial and operating performance of Blackstone's technology portfolio. Prior to that, he served as an Expert Associate Partner in McKinsey & Company's Corporate Finance and Organization practices.
ISLE

Hot Stocks

17:01 EDT Isleworth Healthcare Acquisition, Cytovia terminate merger agreement - Isleworth Healthcare Acquisition announced that it has entered into an agreement with Cytovia to terminate its previously announced merger agreement with Cytovia, which was executed in April. The termination agreement is effective immediately, and contains mutual releases and covenants not to sue.
AAPL

Hot Stocks

16:52 EDT Apple's former director of corporate law admits to insider trading - The Department of Justice, U.S. Attorney's Office, District of New Jersey, made a statement that said in part: The former corporate secretary and director of corporate law at Apple admitted engaging in an insider trading scheme that spanned five years, Attorney for the United States Vikas Khanna announced. Gene Levoff of San Carlos, California, pleaded guilty by videoconference before U.S. District Judge William J. Martini to six counts of an indictment charging him with securities fraud. Levoff was initially charged by complaint in February 2019... "Gene Levoff betrayed the trust of one of the world's largest tech companies for his own financial gain," Attorney for the United States Khanna said. "Despite being responsible for enforcing Apple's own ban on insider trading, Levoff used his position of trust to commit insider trading in order to line his own pockets. This Office will continue to prioritize securities fraud prosecutions."...From February 2011 to April 2016, Levoff - the top corporate attorney at Apple who also served as the company's assistant secretary and corporate secretary - misappropriated material, nonpublic information about Apple's financial results and then executed trades involving the company's stock. This scheme to defraud Apple and its shareholders allowed Levoff to realize profits of approximately $227,000 on certain trades and to avoid losses of approximately $377,000 on others...The securities fraud counts each carry a maximum penalty of 20 years in prison and a $5M fine. Sentencing is scheduled for Nov. 10.The SEC previously filed a civil complaint against Levoff based on the same conduct. Reference Link
SAIL

Hot Stocks

16:47 EDT SailPoint stockholders approve acquisition by Thoma Bravo - SailPoint's stockholders voted to approve SailPoint's pending acquisition by Thoma Bravo, a software investment firm, at SailPoint's special meeting of stockholders. Under the terms of the merger agreement, SailPoint stockholders will receive $65.25 in cash per share of SailPoint common stock they own. The transaction is currently expected to close in the second half of 2022, subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, SailPoint's shares will no longer trade on the NYSE, and SailPoint will become a private company.
OBT

Hot Stocks

16:47 EDT Orange County Bancorp names Jonathan Rouis board chair - Orange County Bancorp, parent company of Orange Bank & Trust Co. and Hudson Valley Investment Advisors, announced the appointment of Jonathan Rouis as new board chair of both the company's and Bank's board of directors effective June 17th, 2022. He assumes the position held for the past ten years by Lou Heimbach. The company also announced the appointment of Richard Rowley as Chairman of the Board of HVIA effective April 26th, 2022. "Jonathan has been extremely active on the board, serving as Chair of the audit committee as well as a member of the Company's nominating and Corporate Governance, Compensation, and Executive Committees," said Lou Heimbach. "Jonathan's experience makes him uniquely qualified for this appointment and I look forward to continuing my board service under his leadership." Mr. Heimbach, who has been on the board since 1990, will continue as a Director of the Company.
CTS

Hot Stocks

16:34 EDT CTS Corporation completes Ferroperm acquisition, sees accretion in 2023 - CTS Corporation completed the previously announced acquisition of Ferroperm Piezoceramics from Meggitt for 525 million Danish Krone in cash, subject to usual net debt and working capital adjustments and other terms and conditions of the Definitive Share Purchase Agreement. "We are pleased to welcome the Ferroperm team to CTS," said Kieran O'Sullivan, CEO of CTS Corporation. "The completion of this acquisition represents another step forward in our diversification strategy. Ferroperm's presence in Europe and experience in medical therapeutic markets complement our capabilities. We look forward to leveraging the technical expertise of both teams to enhance our product offering and accelerate growth. We expect the acquisition to be accretive in 2023."
MU

Hot Stocks

16:33 EDT Micron projects sequential bit shipments to be down for DRAM, NAND in Q4 - Says expects the impact of actions to be limited in Q4 and to become more material in FY23. Says supply chain challenges and COVID-19 control measures in China impacted business on both the demand and supply side. Says 1-beta node is on track to ramp in manufacturing by the end of calendar 2022. Says making excellent progress on 232-layer node and expect to ramp production by the end of calendar 2022. Says continues to expect cost reductions to outpace those of the industry this year. Says PC unit sales now expected to decline by nearly 10% in 2022. Says several customers are adjusting their inventories, and expect these adjustments to take place mostly in the second half of calendar 2022. Says expects year-over-year calendar 2022 industry bit demand growth to be below the long-term CAGRs of mid-to-high-teens percentage for DRAM and high-20s percentage for NAND. Says planning for a reduced level of bit supply growth in FY23. Says now expects FY23 wafer fab equipment capex to decline year over year. Comments taken from Q3 prepared remarks.
HI

Hot Stocks

16:32 EDT Hillenbrand to acquire Herbold Meckesheim - Hillenbrand has entered into a definitive agreement to acquire Herbold Meckesheim GmbH for an enterprise value of approximately EUR 79M. The transaction is expected to close during Q4, subject to regulatory approval and customary closing conditions. At the completion of this transaction, Herbold will join the Coperion and Rotex brands as part of Hillenbrand's Advanced Process Solutions segment. The APS segment is focused on highly engineered industrial processing solutions and aftermarket parts and services for a variety of end markets and applications. Hillenbrand expects to use cash on hand and cash available under its revolving credit facility to fund this acquisition.
JBLU SAVE

Hot Stocks

16:31 EDT JetBlue extends $30 per share tender offer for Spirit Airlines to July 29 - JetBlue (JBLU) announced that its direct wholly owned subsidiary, Sundown Acquisition Corp. has extended the expiration date of the previously announced tender offer to purchase all of the outstanding shares of common stock per share of Spirit Airlines, Inc. (SAVE) for $30.00 per share, net to the seller in cash, without interest and less any required withholding taxes, to 5:00 p.m., New York City time, on July 29, 2022, unless further extended. The tender offer was previously set to expire at 5:00 p.m., New York City time, on June 30, 2022. All other terms and conditions of the tender offer remain unchanged.
MU

Hot Stocks

16:26 EDT Micron off post-result lows, shares down 2% to 54.15
PCT

Hot Stocks

16:26 EDT PureCycle CEO Mike Otworth to resign, Dustin Olson promoted to CEO - PureCycle Technologies announced three key leadership changes effective August 5, 2022. Mike Otworth, Chairman of the Board of Directors and CEO of PureCycle, will resign to return to Innventure, a company he helped found. Dustin Olson, PureCycle's current Chief Operating Officer and Chief Manufacturing Officer, is being promoted to the role of CEO and joining the Board of Directors effective August 5, 2022. Olson has been with PureCycle since 2021 leading manufacturing and operations. Dan Coombs, current member of PureCycle's Board of Directors, will be appointed, upon Mike's departure, to a newly created position of Executive Chairman of the Board of Directors. Mike Otworth said, "I am an entrepreneur at heart, and am excited to see PureCycle's progress over the last seven years. Taking PureCycle from an early concept to a publicly traded company has been an honor. We successfully added deep operational experience to our Board and management team to drive the execution of our business plan. Dustin has proven to be effective, eager, and has unprecedented work ethic. Dustin will lead this team and company into the next phase and will make PureCycle teams past and present proud."
VIEW

Hot Stocks

16:23 EDT View Inc. receives letter from Nasdaq affirming company regaining compliance - View announced that it has received a confirmation letter from Nasdaq on Thursday, June 30th, 2022, affirming that the company is now in compliance with Listing Rule 5250(c)(1). View is now in compliance with all applicable listing standards. View's common stock will continue to be listed on The Nasdaq Stock Market and Nasdaq has closed this matter.
V

Hot Stocks

16:21 EDT Visa CEO sells $1.76M in common stock - In a regulatory filing, Visa disclosed that its CEO Alfred Kelly sold 9K shares of common stock on June 30th in a total transaction size of $1.76M as part of option exercise.
FNLC

Hot Stocks

16:19 EDT The First Bancorp raises quarterly dividend to 34c from 32c per share - The dividend is payable July 22, 2022 to shareholders of record as of July 11, 2022.
PACB NVTA

Hot Stocks

16:19 EDT Pacific Biosciences, Invitae amend development and commercialization agreement - In a regulatory filing, Pacific Biosciences of California (PACB) disclosed that on June 24, PacBio entered into an amended and restated development and commercialization agreement with Invitae Corporation (NVTA). "The Amended and Restated Agreement amended and restated the existing Development and Commercialization Agreement, effective as of January 12, 2021, as amended by Amendment No. 1 to Development and Commercialization Agreement, entered into on June 3, 2021, by and between PacBio and Invitae. The parties anticipate that in connection with the Amended and Restated Agreement, PacBio will continue to receive feedback, input and insight from Invitae in connection with the intended development of its new sequencing systems; however, such feedback will not be contractually required and Invitae has no contractual right to participate in decisions regarding the development program for such new sequencing systems. PacBio's development plans for such new sequencing systems will be at PacBio's discretion and pursuant to its own internal processes and programs. Invitae will not be contractually obligated to reimburse PacBio for development costs under the Amended and Restated Agreement. In consideration of the non-refundable Development Costs paid by Invitae to PacBio pursuant to the Original Agreement, PacBio will provide Invitae with credits and discounted pricing in connection with Invitae's anticipated purchase of currently available and in-development sequencing systems. In addition, subject to certain conditions, Invitae will be entitled to most favored pricing for the Company's Sequel IIe systems and certain in-development systems. There can be no assurances that the in-development sequencing systems will continue to be developed, be successfully developed or become available for commercial sale. PacBio and Invitae each may terminate the Amended and Restated Agreement if the other party remains in material breach of the Amended and Restated Agreement following a cure period to remedy such breach," the filing states.
COST

Hot Stocks

16:19 EDT Costco Wholesale Corporation acquires minority interest in Costco-Taiwan - Costco Wholesale Corporation has completed a purchase for $1.05B by a wholly-owned subsidiary of the 45% minority interest in Costco-Taiwan, a joint venture, from "our long-time joint venture partners. The Company now indirectly owns all of Costco Taiwan. We estimate that the purchase will be approximately one to one and one-half percent accretive to earnings per share. Costco currently operates 833 warehouses, including 574 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 16 in Korea, 14 in Taiwan, 13 in Australia, four in Spain, two each in France and China, and one in Iceland. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and Australia," said the company in a statement.
CBL

Hot Stocks

16:16 EDT CBL & Associates initiates 25c per share quarterly dividend - The dividend is payable on July 20, 2022, to shareholders of record as of July 11, 2022. CEO Stephen Lebovitz states: "Our strong operating performance and recent attractive financing activity have further enhanced our substantial cash flow generation and contributed to a cash position of over $335 million as of March 31. We are pleased to share this success through this cash distribution, which is the first step in a broader plan to create and return value to our shareholders."
WMC

Hot Stocks

16:16 EDT Western Asset Mortgage board approves 1-for-10 reverse stock split - Western Asset Mortgage Capital Corporation announced that its Board of Directors has approved a reverse stock split of the company's common stock at a ratio of 1-for-10. The reverse stock split was previously approved by stockholders at the Annual Meeting of Stockholders held on June 24, 2022. WMC's common stock will begin trading on a split-adjusted basis on the New York Stock Exchange at the market open on July 11, 2022. Once effective, the reverse stock split will reduce the number of shares of common stock issued and outstanding from approximately 60.6 million to approximately 6.06 million. In addition, the number of authorized shares of the company's common stock will be reduced by a corresponding ratio. The primary objective of the reverse stock split is to increase the market price of the company's common stock and improve the marketability and liquidity of the company's common stock, as further described in the company's last proxy statement.
MU

Hot Stocks

16:13 EDT Micron falls 4% to $52.90 after results, outlook miss estimates
LNW EDR

Hot Stocks

16:11 EDT Light & Wonder enters into amended purchase pact for sale of OpenBet to Endeavor - Light & Wonder, Inc. (LNW) announced that it has entered into an amendment to its definitive purchase agreement with Endeavor Operating Company, LLC and Endeavor Group Holdings (EDR), a global sports and entertainment company, related to the sale of its Sports Betting business, OpenBet. Under the terms of the amended purchase agreement, Light & Wonder will receive $750M in cash and $50M in Class A common stock of Endeavor Group Holdings, Inc., based on the volume weighted average price of such stock in the twenty days before the date of the amendment, or total gross proceeds of $800M and estimated total net after-tax proceeds of approximately $700M. The amended purchase agreement provides a strong valuation in the current market and also increases the speed and certainty of closing by modifying the conditions for closing, including Endeavor's agreement to waive the closing condition requiring regulatory approval by the Nevada Gaming Control Board, if required. Under the revised terms, the transaction is anticipated to close by the end of the third quarter of 2022, subject to the remaining applicable regulatory approvals and customary closing conditions. The recently completed Lottery sale and the pending sale of OpenBet will cumulatively generate approximately $5.6B of estimated net after-tax proceeds.
CWEN

Hot Stocks

16:10 EDT Clearway Energy announces CFO Chad Plotkin leaving company - Clearway Energy announced that Chad Plotkin will be stepping down from his position as Executive Vice President and Chief Financial Officer of the Company. Mr. Plotkin will remain with the Company through the filing of the Company's Quarterly Report on Form 10-Q for the three months ended June 30. The Company will conduct a search for a permanent CFO, which will consider internal and external candidates. On an interim basis, the responsibilities of the CFO will be led by Mr. Sotos and the Company's executive leadership team through the successful conclusion of the replacement search process.
BIP

Hot Stocks

16:08 EDT Brookfield Infrastructure Partners announces automatic purchase plans - Brookfield Infrastructure Partners announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker. Brookfield Infrastructure also announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker. The automatic purchase plans, which have been pre-cleared by the Toronto Stock Exchange, will allow for the purchase of BIP's outstanding limited partnership units and BIPC's outstanding class A exchangeable subordinate voting shares, respectively, subject to certain trading parameters, at times when BIP and BIPC, as applicable, ordinarily would not be active in the market due to their own internal trading black-out periods, insider trading rules or otherwise. Outside of these periods, LP Units and Exchangeable Shares will be repurchased in accordance with management's discretion and in compliance with applicable law. The actual number of LP Units and Exchangeable Shares purchased under the automatic plans, the timing of such purchases and the price at which LP Units and Exchangeable Shares are purchased will depend upon future market conditions.
AKBA

Hot Stocks

16:07 EDT Akebia terminates vadadustat Collaboration and License agreements with Otsuka - Akebia Therapeutics announced that it has executed an agreement to terminate the U.S. and ex-U.S. vadadustat Collaboration and License Agreements with Otsuka Pharmaceutical Co., Ltd. As part of the termination, Otsuka has agreed to pay Akebia a settlement fee of $55M. As a result of the termination of the agreements, Akebia is regaining the rights from Otsuka for vadadustat, an investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor, in the United States, Europe, China, Russia, Canada, Australia, the Middle East, and certain other territories.
GTYH

Hot Stocks

16:06 EDT GTY Technology announces shareholder approval of merger agreement - GTY Technology "announced that its shareholders have voted to approve the previously announced Agreement and Plan of Merger, whereby GTY will be acquired by an affiliate of GI Partners for $6.30 per share of GTY common stock in cash. The approval of GTY shareholders was a closing condition of the Merger Agreement that has now been satisfied. Approximately 75.5% of GTY's outstanding common stock voted in favor of the Merger Agreement. In addition, the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on June 10, 2022."
FND

Hot Stocks

16:06 EDT Floor & Decor launches grand opening of West Hartford store on July 7 - Floor & Decor will expand its nationwide footprint when it opens the doors to its newest location in West Hartford, Connecticut on July 7, 2022. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Kim Bova, the new store's Chief Executive Merchant. "Floor & Decor is thrilled to open our doors in West Hartford," said Bova. "We are excited to introduce both Professional customers, as well as Homeowners, to our one-stop solution for their flooring needs with an extensive selection of in-stock, trend-right flooring options. We offer unmatched service and quality flooring at unbeatable prices. With our free design services, we look forward to helping every customer turn their vision into reality."
FATE

Hot Stocks

16:04 EDT Fate Therapeutics appoints Brian Powl Chief Commercial Officer - Fate Therapeutics announced that Brian T. Powl has been appointed Chief Commercial Officer. Mr. Powl brings to Fate Therapeutics extensive commercial leadership experience in hematologic malignancies and solid tumors, having previously served as the Global Commercial CAR T lead at Celgene Corporation where he oversaw the commercial development strategy of the company's CAR T-cell therapies.Mr. Powl most recently served as Senior Vice President, Commercial Development & Marketing at MEI Pharma, Inc., where he led the commercialization efforts of a late-stage small molecule program in B-cell malignancies across marketing, sales, market access and commercial operations. Prior to MEI Pharma, Mr. Powl was Vice President, Global Commercial CAR T lead at Celgene Corporation, where he oversaw a global portfolio of new cell therapy products, including the commercialization of the CD19- and BCMA-targeted CAR T-cell therapy programs. During his tenure at Celgene, Mr. Powl also held various senior level positions, including leading their flagship multiple myeloma franchise in which he led the marketing of Revlimid and Pomalyst as well as their global commercial operations group for oncology products outside the United States. Prior to Celgene, Mr. Powl held sales and marketing positions at Novartis Oncology and Centocor, Inc. Mr. Powl holds a BS in Biochemistry from the University of California, San Diego and an MBA in Healthcare
TMDI

Hot Stocks

16:03 EDT Titan Medical appoints Cary Vance as CEO - Titan Medical announced that Cary Vance has been appointed as the company's president and CEO effective July 1. Vance will succeed Paul Cataford, Titan's chair of the board of directors, who has served as interim president and CEO since December 2021. Vance previously served as president and CEO at Xcath Incorporated, a privately held neurovascular robotics company.
PRVB

Hot Stocks

16:02 EDT Provention Bio announces extension of FDA review period for BLA for teplizumab - Provention Bio announced that the U.S. FDA has extended its review period by three months for the Biologics License Application for teplizumab. The extended User Fee Goal date is November 17. The company was also informed that if no major deficiencies are identified during the review period, the FDA plans to communicate proposed labeling and, if necessary, any post-marketing requirement or commitment requests by October 17. As part of its ongoing review and communications, the FDA informed the company yesterday that it considers a timely response to an information request made earlier this month to be a Major Amendment to the BLA resubmission, requiring additional time for the Agency's review.
BORR

Hot Stocks

15:30 EDT Borr Drilling Limited trading resumes
NGG

Hot Stocks

15:27 EDT National Grid disagrees with Supreme Court decision on EPA matter - The following statement was issued from National Grid, US: "The Environmental Protection Agency has a fundamental role in addressing climate change through its authority to regulate greenhouse gas emissions. National Grid has long been supportive of the agency's ability to provide consistent control on emissions nationwide, offering certainty for business and industry as we build toward a clean energy future. While we disagree with the court's decision on this matter, National Grid will continue to play a central role in reducing greenhouse gas emissions and working with our partners at the local, state, and federal level to usher in a clean energy future for our customers and communities."
BORR

Hot Stocks

15:14 EDT Borr Drilling says necessary covenant waivers extended by lenders until July 15 - Borr Drilling Limited refers to its previous communication regarding its ongoing negotiations with creditors to reach mutual agreements to refinance and extend its 2023 maturities and complete such refinancing by June 30, stating: "Significant progress has been made in the negotiations with the target to put in place the right capital structure for the company going forward. A complete solution will require a further equity injection combined with debt repayments, extensions and concessions by the creditors resulting in a robust capital structure that supports a low cash break even and thereby a higher free cash generation. In order to have the required time to conclude full lock-up and commitments from all creditors, the necessary covenant waivers have been extended until 15 July 2022 by the lenders in the bank syndicate. Thus far specific proposals have been received from all creditor groups, some of which have already resulted in agreements in principle. In particular, we have agreed terms in principle for the refinancing of the senior secured bank facility in July 2022 to be funded with a mix of a new credit facility and equity/an asset sale. We will continue to work with all remaining creditors to arrive at an optimized overall financing solution, targeted to be in place by 15 July 2022."
BORR

Hot Stocks

15:05 EDT Borr Drilling Limited trading halted, news pending
RKLB

Hot Stocks

14:49 EDT Rocket Lab says CAPSTONE now passed half-way point of mission's second phase - Rocket Lab USA confirmed its Photon Lunar spacecraft successfully ignited its HyperCurie engine for a fifth time, further carrying NASA's Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment, or CAPSTONE, satellite toward the Moon. "This fifth burn of the HyperCurie engine has propelled CAPSTONE and Photon deeper into space, successfully raising the spacecraft's elliptical orbit. With this latest completed orbit-raising maneuver, Rocket Lab's delivery of CAPSTONE to the Moon on Photon has now passed the half-way point of the mission's second phase with Photon. At the end of this mission phase, Photon will accelerate to more than 24,500 mph to break free of Earth's orbit and deploy CAPSTONE on a ballistic lunar transfer trajectory to the Moon. CAPSTONE will then be controlled by Advanced Space, which owns and operates CAPSTONE on behalf of NASA, to enter an elongated orbit at the Moon called a near rectilinear halo orbit. The final HyperCurie engine ignition on Photon to help set CAPSTONE on its course to the Moon is expected in the coming days," Rocket Lab said.
WMT

Hot Stocks

14:46 EDT Walmart says over 330 products made, grown, assembled in U.S. selected for sale - Following Walmart's ninth annual "Open Call," preliminary results indicate that more than 330 of pitches for products made, grown or assembled in the U.S. resulted in a deal for businesses to sell their items to Walmart customers through placement on Walmart or Sam's Club shelves, online at Walmart.com or on Walmart's Marketplace. Additionally, business owners of more than 280 products are continuing conversations with merchants for potential deals in the future, the company announced. "Investing in U.S. manufacturing is not only the right thing to do for the country's long-term economic health, it's the right thing to do for customers today who are dealing with historic inflation. We're excited that more and more great products at strong price points are being produced in the U.S. Our $350 billion investment in items made, grown or assembled in the U.S. helps deliver our customers the goods they need, when they need them, at affordable prices, while supporting the creation of more than 750,000 jobs," said Doug McMillon, president and CEO of Walmart.
RPID

Hot Stocks

14:37 EDT Rapid Micro confirms receipt of non-binding proposal from Kennedy Lewis - Rapid Micro Biosystems confirmed that it has received an unsolicited, non-binding proposal from Kennedy Lewis Investment Management LLC to acquire all of the outstanding shares of the Company for $5.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent advisors, the Rapid Micro Biosystems Board of Directors will carefully review the unsolicited proposal to determine the course of action that it believes is in the best interest of the Company and all Rapid Micro Biosystems shareholders. Rapid Micro Biosystems shareholders do not need to take any action at this time.
GMAB ABBV

Hot Stocks

14:27 EDT Genmab to submit FDA application for epcoritamab in B-cell lymphoma - Genmab (GMAB) announced its intent to submit a biologics license application to the Food and Drug Administration for subcutaneous epcoritamab, an investigational bispecific antibody, for the treatment of patients with relapsed/refractory large B-cell lymphoma, in the second half of 2022. Epcoritamab is being co-developed by Genmab and AbbVie (ABBV) as part of the companies' oncology collaboration. "The results from the EPCORE NHL-1 trial, and other clinical trials evaluating epcoritamab in a variety of patients and treatment settings, have demonstrated that epcoritamab has the potential to offer people living with LBCL a new therapeutic advance with a manageable safety profile," said Jan van de Winkel, Chief Executive Officer of Genmab.
IMNM

Hot Stocks

14:23 EDT Abstract published on Immunome patient-derived anti-SARS-CoV-2 antibody cocktail - An abstract published in Science Immunology states in part: "Here, we describe an antibody cocktail IMM-BCP-01, that consists of three patient-derived broadly neutralizing antibodies directed at non-overlapping surfaces on the SARS-CoV-2 spike protein... Our pre-clinical data demonstrated that the three antibody cocktail IMM-BCP-01 could be a promising means for preventing or treating infection of SARS-CoV-2 variants of concern, including Omicron BA.1 and BA.2, in susceptible individuals... In summary, we used Immunome's Discovery platform to identify and characterize three potent patient-derived antibodies IMM20190, IMM20184 and IMM20253 based on the antibody function, epitopes and biochemical properties. When combined into the IMM-BCP-01 cocktail, they synergized to neutralize multiple SARS-CoV-2 variants of concern, potently activate Fc-mediated antiviral effector response, and demonstrate antiviral effects in vivo." Inventors on the IMM-BCP-01 patent applications are employees and shareholders of Immunome, the abstract noted. Reference Link
IMNM

Hot Stocks

14:20 EDT Immunome rallies after Science Immunology says antibody cocktail is active
META

Hot Stocks

14:01 EDT Meta will debut support for digital collectibles on Facebook - Following its introduction of NFT support on Instagram in the spring, Meta will debut support for digital collectibles on Facebook. Navdeep Singh, a product manager at Meta tweeted screenshots of new support, earlier on Thursday, while saying "We're launching NFTs on Facebook! Excited to share what I've been working on with the world.L Reference Link
AJRD

Hot Stocks

14:00 EDT Aerojet Rocketdyne CEO says holders elect 'entire independent slate' to board - Eileen Drake, the CEO of Aerojet Rocketdyne, and the other members of the "independent slate" announced that they have been elected by the shareholders of Aerojet Rocketdyne to serve as directors. The new board consists of CEO Eileen Drake; incumbent independent directors Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.); and new independent directors Gail Baker, Marion Blakey, Maj. Gen. Charles Bolden (Ret.), and Deborah James. Based on preliminary results, the independent slate received more than 75% of votes cast, Drake announced. "We are extremely grateful for the input and support from our shareholders. The new Board consists of highly qualified and experienced directors with track records of creating tremendous shareholder value. Throughout this process, we have had the privilege to speak directly with our shareholders to discuss Aerojet Rocketdyne's strategy and performance, and we welcome the opportunity for continued shareholder engagement. We are pleased that our shareholders recognized the Independent Slate's value creation strategy. We believe Aerojet Rocketdyne has substantial momentum and upside, and we look forward to putting this proxy fight behind us so we can continue to focus on creating value for our shareholders," said Eileen Drake.
MP

Hot Stocks

13:49 EDT MP Materials added as new long idea at Hedgeye - Hedgeye has added MP Materials as new long idea, with analyst Jay Van Sciver arguing that concerns about competitive entry "appear misplaced," contacts tell The Fly.
IBKR

Hot Stocks

13:36 EDT Interactive Brokers settles CFTC charges over exchange fees for $1.1M - The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against Interactive Brokers for "failing to diligently supervise its employees' handling of exchange fees charged to customers." The order requires Interactive Brokers to cease and desist from violating the CFTC regulation addressing supervision, pay $710,828.14 in disgorgement with credit for money paid to affected customers, and pay a $300,000 civil monetary penalty. Reference Link
BAH

Hot Stocks

13:23 EDT Booz Allen 'strongly disagrees' with DOJ on proposed EverWatch transaction - Booz Allen Hamilton has issued the following statement regarding its proposed EverWatch acquisition, from company spokesperson Jessica Klenk: "For 108 years Booz Allen Hamilton has served clients with integrity and dedication. We are proud of the work we do in service of our government partners to help address some of the toughest problems this country faces. We take very seriously our responsibility to provide the most innovative and effective solutions to meet critical national missions. We strongly disagree with the Department of Justice's characterization of the proposed $440 million, approximately 500-person EverWatch transaction. We believe the acquisition would bring together two companies with complementary capabilities to support our collective national security interests and would enhance competition overall in an industry that is highly competitive. The transaction would accelerate technology development cycles and enable faster delivery of classified software development and analytics for national security clients, including AI, full-spectrum cyber operations, mission analytics, 5G, and TechSIGINT capabilities. Grounded in Booz Allen's culture, values, and commitment to national security missions, this transaction would drive major digital and cyber transformation in the Intelligence Community and beyond, creating a more comprehensive portfolio of offerings to a wider range of intelligence and defense clients. Booz Allen believes the transaction would deliver significant benefits to our government clients and we refute any suggestion that the proposed transaction would harm government agencies or taxpayers."
SIEGY

Hot Stocks

13:10 EDT Siemens announces impairment related to investment in Siemens Energy AG - Siemens announced: "With Siemens Energy AG's Xetra closing share price of EUR 13.99 on June 30, the market value of Siemens' 35% investment in Siemens Energy AG is significantly below the book value. This leads to an impairment of the SE investment, resulting in a total non-cash impact on net income of approx. EUR 2.8B in the third quarter of financial year 2022. All results for the third quarter and their consequences on the outlook for the current financial year will be published on August 11." Reference Link
KAL

Hot Stocks

13:07 EDT Agrico Acquisition Corp trading resumes
KAL

Hot Stocks

13:02 EDT Agrico Acquisition Corp trading halted, volatility trading pause
OCGN

Hot Stocks

13:00 EDT Ocugen 'not just a COVAXIN company,' CEO tells The Fly
OCGN

Hot Stocks

13:00 EDT COVAXIN interim data by year-end 'would be good,' Ocugen CEO says
OCGN

Hot Stocks

13:00 EDT Ocugen CEO says NeoCart, OCU400 trials going 'as expected'
OCGN

Hot Stocks

13:00 EDT Ocugen expects COVAXIN BLA filing, approval by 2H23, CEO says
AAPL...

Hot Stocks

12:47 EDT Comcast's Xfinity Stream app launches on Apple TV 4K, Apple TV HD - Comcast (CMCSA) announced the launch of the Xfinity Stream app on Apple TV 4K (AAPL) and Apple TV HD, giving Xfinity TV customers another option to access their subscription - including all live, on demand, and DVR programming - within the home. Xfinity's redesigned Stream app is launching first on the Apple TV platform, and features a new, more intuitive user interface. The new UI is designed to simplify content discovery through editorial recommendations along with a personalization algorithm that allows customers to continue watching their favorite shows and movies across platforms and devices, Comcast said. "We are always looking for ways to enhance our entertainment experiences as the needs of our customers evolve - whether that's expanding to new platforms, launching new features, or adding more programming options," said Michael DelCiello, Senior Vice President, Strategic Development, Comcast. "With today's launch of the Stream app on Apple TV, our customers now have a new device option for accessing their Xfinity TV subscription in the home, and they will be the first to enjoy a new, streamlined UI designed to make it easier to find something to watch - whether that means getting back to a favorite show or movie, or finding something new."
NLIT

Hot Stocks

12:31 EDT Northern Lights Acquisition Corporation (Class A Stock) trading resumes
NLIT

Hot Stocks

12:26 EDT Northern Lights Acquisition Corporation (Class A Stock) trading halted, volatility trading pause
GOOGL...

Hot Stocks

12:23 EDT BMW expands operating system, will integrate Android Automotive OS - From March 2023, the BMW Group (BMWYY) will be expanding its BMW Operating System 8 and integrating Google's (GOOGL) Android Automotive OS into certain model series for the first time as a second technological approach alongside the current Linux-based variant. The announcement was made by Stephan Durach, Senior Vice-President Connected Company and Development Technical Operations at the BMW Group, at the Automobil-Elektronik Kongress in Ludwigsburg. "We are integrating the best aspects of all worlds - that could be our own in-house developments, Open Source or commercial software products, depending on what the specific solution looks like. We make sure our customers always enjoy a unique, customised digital experience in their vehicle," according to the lead developer for the digital driving experience, Stephan Durach.
NKLA

Hot Stocks

12:11 EDT Nikola adjourns Annual Meeting to allow stockholders more time to vote - Nikola Corporation announced that its 2022 Annual Meeting of Stockholders has been adjourned again to July 18, 2022, at 2:00 p.m. Pacific Time to allow stockholders additional time to vote to approve Proposal 2. Nikola stockholders have voted overwhelmingly in favor of Proposal 2, with the exception of the vote of a stockholder who appears to represent more than 85% of the votes against Proposal 2. Approving Proposal 2, which requires a majority of all outstanding common stock to pass, is very important. As of this morning, more than 48% of all outstanding shares have been voted in favor of Proposal 2, leaving less than 2% of outstanding shares to be voted in favor for this proposal to pass. More than 112 million shares have not yet been voted. Nikola has 600 million common shares authorized. As of June 8, 2022, approximately 567 million shares are either issued or reserved for future issuance, leaving Nikola with approximately 33 million shares available for other purposes. That is why Nikola is urging ALL stockholders to vote IMMEDIATELY FOR Proposal 2, which would allow Nikola to increase the authorized number of shares of the Company's common stock to 800 million, providing flexibility to support the growth of the business.
AMYT

Hot Stocks

12:07 EDT Amryt Pharma treatment of carcinoid syndrome granted FDA orphan status - Amryt Pharmaceuticals' octreotide was granted FDA orphan designation as a treatment of carcinoid syndrome, according to a post to the agency's website. Reference Link
ACHC

Hot Stocks

12:01 EDT Acadia Healthcare forms joint venture with Tufts Medicine - Acadia Healthcare Company announced that it has formed a joint venture with Tufts Medicine. The partnership anticipates building a new 144-bed behavioral health hospital at the site of the former Malden Hospital in Malden, Massachusetts, expanding access to critically needed inpatient behavioral health services. The proposed new hospital will offer the latest in inpatient behavioral healthcare and intensive outpatient programs, providing the continuum of care needed to support patients and their families. The new hospital will also serve as a teaching hospital, training students and residents from the Tufts University School of Medicine. The hospital will care for patients of all ages, including the most vulnerable members of the community, especially its adolescent and elderly neighbors. Together, Acadia and Tufts Medicine will invest more than $65M in expanding behavioral health resources in Boston. The new hospital represents the 17th joint venture partnership for Acadia.
GROV

Hot Stocks

12:00 EDT Grove Collaborative falls -12.9% - Grove Collaborative is down -12.9%, or -79c to $5.32.
CULP

Hot Stocks

12:00 EDT Culp, Inc. falls -15.0% - Culp, Inc. is down -15.0%, or -76c to $4.27.
BORR

Hot Stocks

12:00 EDT Borr Drilling falls -15.9% - Borr Drilling is down -15.9%, or -86c to $4.57.
ASPN

Hot Stocks

12:00 EDT Aspen Aerogels rises 14.9% - Aspen Aerogels is up 14.9%, or $1.26 to $9.69.
FC

Hot Stocks

12:00 EDT Franklin Covey rises 16.3% - Franklin Covey is up 16.3%, or $6.20 to $44.23.
KOLD

Hot Stocks

12:00 EDT ProShares UltraShort Bloomberg Natural Gas rises 16.7% - ProShares UltraShort Bloomberg Natural Gas is up 16.7%, or $5.42 to $37.96.
PHAR

Hot Stocks

11:59 EDT Pharming Group NV (ADS) trading resumes
PHAR

Hot Stocks

11:54 EDT Pharming Group NV (ADS) trading halted, volatility trading pause
AAPL

Hot Stocks

11:37 EDT Apple says apps in South Korea can now use third-party payment systems - Apple said that developers in South Korea can now use the StoreKit External Purchase Entitlement. This entitlement allows apps distributed on the App Store solely in South Korea the ability to provide an alternative in-app payment processing option. Developers who want to continue using Apple's in-app purchase system may do so and no further action is needed. "The Telecommunications Business Act in South Korea was recently amended to mandate that apps distributed by app market operators in South Korea be allowed to offer an alternative payment processing option within their apps. To comply with this law, developers can use the StoreKit External Purchase Entitlement," the tech giant said. "If you're considering using this entitlement, it's important to understand that some App Store features, such as Ask to Buy and Family Sharing, will not be available to your users, in part because we cannot validate payments that take place outside of the App Store's private and secure payment system," Apple continued. "Apple will not be able to assist users with refunds, purchase history, subscription management, and other issues encountered when purchasing digital goods and services through an alternative purchasing method. You will be responsible for addressing such issues." Reference Link
MSFT...

Hot Stocks

11:34 EDT Samsung launches Gaming Hub for Samsung Smart TVs - Samsung (SSNLF) is launching Samsung Gaming Hub, the "ultimate home for gaming" on Samsung Smart TVs. "Instantly play the biggest games from Xbox and other top gaming partners with no downloads, storage limits, or console required. Just switch on your TV and play," the company said. Samsung Gaming Hub includes game streaming apps like Xbox Game Pass (MSFT), Nvidia GeForce Now (NVDA), and Google Stadia (GOOGL).
VINE

Hot Stocks

11:33 EDT Fresh Vine Wine announces availability in Shnucks Markets - Fresh Vine Win announced that four of its wine varietals are now available at Schnucks Markets in Missouri and Illinois. Plans are in process to bring Fresh Vine Wine to the balance of Schnucks markets located in Indiana and Wisconsin. With the addition of Schnucks, Fresh Vine Wine has added 2,353 new Points of Distribution in the last 90 days for its premium wines.
BNR

Hot Stocks

11:00 EDT Burning Rock announces launch of PREVENT study of OverC - Burning Rock Biotech announced the launch of the PREVENT study, China's first prospective interventional study to evaluate the performance of Burning Rock's early cancer detection test, OverC, in the asymptomatic population. The study is expected to enroll 12,500 asymptomatic individuals, to evaluate the performance of the OverC test in detecting 6 cancers. These 6 cancer types cover approximately 50% of China's total cancer incidence, and 62% of cancer mortality. The study is led by Dr. Weimin Li, head of the West China Hospital of Sichuan University.
ANGH

Hot Stocks

10:42 EDT Anghami acquires Spotlight Events, terms not disclosed - Anghami has announced the acquisition of Spotlight Events. The partnership will see Spotlight Events become Anghami's arm for live events and concerts, including offline activities and activations to further expand Anghami's footprint in the music and entertainment ecosystem while unlocking synergies and opportunities between the physical and digital worlds. While Spotlight Events will provide a stage for artists to perform and reach their audiences offline, Anghami's technology will bridge the gap between the offline and online worlds by providing access to exclusive concerts through its live video streaming capabilities and creating immersive experiences through AR and VR. The strategic partnership will enable Anghami to unlock opportunities between artists and brands, enriching music fans' experiences with exclusive access to private concerts, VIP lounges, meet & greets and backstage access, in addition to attending concerts either offline or streamed through their devices. Traditional and virtual concerts will be accessible either through tickets or sponsored by brands.
DAL

Hot Stocks

10:32 EDT Delta Air Lines CEO Bastian provides update to SkyMiles members - CEO Ed Bastian sent an email to SkyMiles members. In the email, Bastian wrote, "...so far in June we've flown over 96% of our scheduled departures, with more than 80% of our flights arriving within 14 minutes of their scheduled arrival time... Things won't change overnight, but we're on a path towards a steady recovery. Steps we've taken include offering more flexibility for your travel plans and adjusting our summer schedule so that when challenges do occur, we can bounce back faster... At the same time, airport procedures are being updated, including earlier boarding to help ensure on-time departures... We've accelerated our hiring as well, bringing on around 15,000 new employees since the start of 2021... And we're continuing to engage with the Federal Aviation Administration on improving processes for air traffic management, which will help minimize delays and cancellations due to inclement weather... Delta has also been investing in digital tools to help you conveniently manage your travel if plans change."
RGC

Hot Stocks

10:28 EDT Regencell Bioscience Holdings Ltd trading resumes
FITB

Hot Stocks

10:27 EDT Fifth Third announces $100B environmental, social finance target through 2030 - Fifth Third announced a new $100 billion environmental and social finance target to be achieved through 2030. The new target is an expansion of the Bank's original $8 billion sustainable finance goal, which was set in 2020. That goal was focused on renewable energy and was recently achieved nearly three years ahead of schedule. Governed by the Fifth Third Environmental and Social Finance Framework, the new target has an expanded scope to include additional environmental eligibility criteria as well as social eligibility criteria to better reflect Fifth Third's overall ESG priorities.
BCS

Hot Stocks

10:26 EDT Barclays announces pay increase for 35,000 UK-based employees - Barclays has announced a pay increase for 35,000 of its UK-based staff in customer-facing, branch and junior support roles. Effective 1 August 2022, they will receive a GBP 1,200 increase to their annual pensionable salary. This increase brings forward part of the annual pay review that would normally have come into effect in March next year. Barclays will continue to monitor the economic situation globally and consider our approach to pay in each country in the local context. Barclays' annual pay review for all staff will take place in the near future, effective from March 2023. Reference Link
TRDA

Hot Stocks

10:25 EDT Entrada Therapeutics Inc trading resumes
RGC

Hot Stocks

10:23 EDT Regencell Bioscience Holdings Ltd trading halted, volatility trading pause
TRDA

Hot Stocks

10:15 EDT Entrada Therapeutics Inc trading halted, volatility trading pause
NEAPF

Hot Stocks

10:06 EDT Nearmap approved as contractor on U.S. GSA Schedule - Federal government agencies in the U.S. now have streamlined access to geospatial services and location data from leading location intelligence company Nearmap, which is now an approved contractor on the U.S. General Services Administration Schedule.
WGO

Hot Stocks

10:05 EDT Winnebago appoints Amber Holm as CMO, Sridhar Koneru as CIO - Winnebago Industries announced that Amber Holm will be joining Winnebago Industries as Senior Vice President, Chief Marketing Officer. Sri Koneru is promoted to Senior Vice President, Chief Information Officer and Chad Reece is promoted to Vice President, Government and Industry Relations. In the newly created CMO role, Holm will work strategically to create an even more vibrant Winnebago Industries portfolio by driving marketing and branding efforts at the enterprise level, and engaging the Company's numerous stakeholders more proactively from a communications perspective. Amber will report directly to Winnebago Industries President and CEO, Michael Happe. Holm joins Winnebago Industries effective July 6, 2022, after more than two decades leading marketing and brand management for top consumer brands across multiple industries. Most recently, as Vice President, Brands at Newell Brands, she led the global housewares business, including Rubbermaid, Calphalon, FoodSaver, and Ball Canning, achieving record sales growth and transforming brand positioning, consumer insights, and omnichannel marketing. In his expanded role as CIO, Koneru will partner with company leaders in the development and implementation of digital strategies, including the transformation of customer engagement and interaction, information technologies within products, and internal digital transformation initiatives across the Company. As a member of the Executive Leadership Team, Koneru will continue to report to Bryan Hughes, CFO and Senior Vice President, Finance, IT, and Strategic Planning. As VP, Government and Industry Relations, Reece will be responsible for oversight of ongoing engagement with various outdoor industry related organizations, state and national level government and corporate development contacts, and awareness of key legislation trends and issues. He will also support various corporate relations initiatives and report to Stacy Bogart, SVP, General Counsel, Secretary and Corporate Responsibility. A 34-year veteran of Winnebago Industries, Reece has served in many critical leadership roles, most recently as Director, Corporate Relations where he led enterprise branding and had oversight and management of communications and public relations across Winnebago Industries.
ORCL

Hot Stocks

10:02 EDT Oracle announces opening of first Cloud Infrastructure region in Mexico - Oracle announced the opening of the first Oracle Cloud Infrastructure, or OCI, region in Mexico, which it says makes it "the first major cloud provider to establish a dedicated cloud region in the country." The company added: "The new region in the state of Queretaro will give Oracle's Mexico-based customers, partners, and developers access to a wide range of cloud services with built-in security, disaster recovery, and industry-leading price-performance... The new Queretaro region is Oracle's 39th worldwide cloud region and will offer OCI and Oracle Fusion Cloud Applications services to help organizations in Mexico modernize their operations, manage critical data, and develop multi-cloud architectures and cloud-native applications."
PWSC

Hot Stocks

10:02 EDT Middlebury Community Schools adds PowerSchool solutions - PowerSchool announced Middlebury Community Schools in Elkhart County, Indiana added multiple PowerSchool products to its technology stack to fortify its hiring process and financial operations capabilities. MCS has selected PowerSchool Unified Talent Employee Records, PowerSchool Unified Talent Applicant Tracking, and PowerSchool Unified Administration eFinancePlus solutions to modernize their financial and human resources operations, enable more data-informed decisions, and improve overall recruitment and talent management functions.
RH

Hot Stocks

10:00 EDT RH falls -11.1% - RH is down -11.1%, or -$26.39 to $210.93.
BORR

Hot Stocks

10:00 EDT Borr Drilling falls -13.4% - Borr Drilling is down -13.4%, or -73c to $4.70.
STG

Hot Stocks

10:00 EDT Sunlands Online falls -13.5% - Sunlands Online is down -13.5%, or -75c to $4.80.
WEBS

Hot Stocks

10:00 EDT Web Street, Inc. rises 9.2% - Web Street, Inc. is up 9.2%, or $4.41 to $52.28.
FC

Hot Stocks

10:00 EDT Franklin Covey rises 12.5% - Franklin Covey is up 12.5%, or $4.77 to $42.80.
ASPN

Hot Stocks

10:00 EDT Aspen Aerogels rises 22.4% - Aspen Aerogels is up 22.4%, or $1.89 to $10.32.
ELTK

Hot Stocks

09:55 EDT Eltek resumes deliveries to customers - Eltek reported that it has resumed making deliveries to its customers after a fire in one of the production rooms in the company's plant in Petach-Tikva. The company is utilizing an alternative production line to complete its production process while continuing its efforts to complete the repair of the damaged production line. The company is in communication with its customers in order to prioritize deliveries and avoid critical delays. The company is also in contact with its insurance company with respect to the compensation to be paid for the damages caused by the fire.
SEAS

Hot Stocks

09:54 EDT SeaWorld parks operating with no reservation requirements, restrictions - SeaWorld is back this summer and guests can visit the parks now with no reservation requirements and no restrictions as the park, rides, attractions, food and beverage, and merchandise outlets are open. Also, guests can experience rides including the all-new Ice Breaker in Orlando, the steepest beyond vertical drop in Florida; Tidal Surge, the world's tallest and fastest screaming swing in San Antonio; and Emperor, California's tallest and fastest floorless dive coaster in San Diego.
RH

Hot Stocks

09:48 EDT RH falls -8.2% - RH is down -8.2%, or -$19.57 to $217.75.
CULP

Hot Stocks

09:48 EDT Culp, Inc. falls -10.1% - Culp, Inc. is down -10.1%, or -51c to $4.52.
BORR

Hot Stocks

09:47 EDT Borr Drilling falls -13.6% - Borr Drilling is down -13.6%, or -74c to $4.69.
PGRU

Hot Stocks

09:47 EDT PropertyGuru rises 7.5% - PropertyGuru is up 7.5%, or 35c to $5.00.
REV

Hot Stocks

09:47 EDT Revlon rises 12.6% - Revlon is up 12.6%, or 58c to $5.17.
ASPN

Hot Stocks

09:47 EDT Aspen Aerogels rises 27.7% - Aspen Aerogels is up 27.7%, or $2.33 to $10.77.
IPX

Hot Stocks

09:41 EDT IPX Stock trading resumes
GLHAU

Hot Stocks

09:35 EDT Glass Houses Acquisition Corporation (Units) trading resumes
BYD...

Hot Stocks

09:34 EDT Nevada reports May statewide gaming win up 5.71% to $1.3B - Nevada reports May Las Vegas Strip gaming win up 11.62% versus last year to $731.52M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
IPX

Hot Stocks

09:31 EDT IPX Stock trading halted, volatility trading pause
TYDE

Hot Stocks

09:31 EDT Cryptyde begins trading on Nasdaq Capital Market - Cryptyde announced that it is trading on the NASDAQ Capital Market under the symbol "TYDE."
GLHAU

Hot Stocks

09:30 EDT Glass Houses Acquisition Corporation (Units) trading halted, volatility trading pause
GROM

Hot Stocks

09:26 EDT Grom Social's Curiosity Ink Media expands relationship with Dustin Ellis - Grom Social Enterprises, Inc.'s (NASDAQ: GROM), Curiosity Ink Media announced an expanded relationship with creator Dustin Ellis to develop an original animated comedy feature, Heston of the Apes, that Curiosity is preparing for theatrical distribution. The film's premise follows the misadventures of a naive, and stubborn, chimpanzee whose life in a science lab is about to change as he prepares for space travel. Ellis and Curiosity Ink Media will oversee the writing, story development and overall direction for the film, which was penned by Ellis. The project was announced today by Russell Hicks, Chief Content Officer of Curiosity Ink Media
IMAC

Hot Stocks

09:22 EDT IMAC announces significant traffic growth for The Black Company in Q2 - IMAC Holdings announces significant traffic growth for The Back Company. The Back Space retail chiropractic centers, located in select Walmart stores, generated over 100% visit growth compared to the first quarter. "Our team's effort is evident as we continue to improve systems to support our doctors that delivered over 6,500 visits this calendar quarter," said Jeff Ervin, Chief Executive Officer of IMAC. "The Back Space growth for the second quarter will be a springboard to material revenue during the second half of the year. This growth is significant since we just celebrated our first birthday as a concept and many of our stores opened in 2022." The Back Space's retail healthcare centers specialize in chiropractic adjustments and percussion tool therapies for soft tissue recovery, muscle relaxation and spinal wellness.
UXIN

Hot Stocks

09:22 EDT Uxin enters agreements for $100M financing transaction - Uxin announced that it has entered into definitive agreements with an affiliate of an existing shareholder, Nio Capital, for the subscription of 714,285,714 senior convertible preferred shares of the Company for an aggregate amount of $100M, which will be paid in multiple installments. The completion of the transaction is subject to certain customary conditions. Following the closing of the transaction, the issuance of 714,285,714 senior convertible preferred shares will represent approximately 20% of the Company's total issued ordinary shares on an as-converted and fully diluted basis, considering the anti-dilution adjustment to the previously issued preferred shares of the Company. The binding term sheet previously announced on May 16, 2022 has been replaced with the definitive agreements. The Company plans to use the proceeds from the financing transaction primarily to develop its Inspection and Reconditioning Plant in Hefei, expand its capacities to provide high quality used cars, and support its long-term business growth.
ISRG SMMNY

Hot Stocks

09:21 EDT Intuitive, Siemens Healthineers boost integration for Ion Endoluminal procedure - Intuitive (ISRG) announced the U.S. Food and Drug Administration has cleared the integration of a mobile cone-beam CT, CBCT, imaging technology and the Ion Endoluminal System used for robotic-assisted bronchoscopy. Siemens Healthineers (SMMNY) Cios Spin mobile imaging offers integrated functionality with Ion to provide 2D and 3D imaging during procedures to help physicians gain confidence around refining Ion's catheter positioning and help improve biopsy tool placement. Early studies have shown Ion enables a diagnostic yield of approximately 80% in studies with a relatively small average nodule size. 3D imaging is used in peripheral nodule biopsies to confirm that biopsy tools are appropriately placed in a suspicious nodule. An initial single center study demonstrated an improvement in diagnostic yield of up to approximately 10% when the Cios Spin was used with the Ion platform. This new imaging integration could help improve the accuracy of biopsy procedures, a key step in how lung cancer gets diagnosed. Lung cancer kills more people annually than any other cancer and early diagnosis can improve survival rates. The integration enhances a physician's ability to provide minimally invasive lung biopsy with the Ion system, which can give patients answers sooner.
INOD MSFT

Hot Stocks

09:19 EDT Innodata forms Advisory Board to drive growth - Innodata announced the formation of its new Advisory Board dedicated to helping drive the company's growth and innovation initiatives. Innodata has appointed Eduardo Kassner, Chief Data Officer for Microsoft US West region, as the board's inaugural member. As a part of the board, Kassner will provide Innodata with strategic guidance and support as the company continues to expand into new markets and increase its foothold in existing markets.
WYY

Hot Stocks

09:18 EDT WidePoint increases working capital line of credit - WidePoint Corporation announced that it has renewed its revolving credit facility of $5 million for working capital. And subsequently increased borrowing capacity of the credit facility by $2 million. The 40% increase expands the total capacity under the facility to $7.0 million subject to maintaining certain financial covenants and collateral.
CYCC

Hot Stocks

09:17 EDT Cyclacel Pharmaceuticals achieves key business objectives in 1H22 - Cyclacel Pharmaceuticals announced that it has achieved key business objectives in the first half of 2022 and provided a review of progress with its two clinical stage drug candidates. Fadraciclib: Fifteen patients with advanced solid tumors and lymphomas treated with oral fadraciclib at all five dose levels as per protocol in the 065-101 dose escalation study. Demonstrated evidence of target engagement for CDK2 and CDK9 in cell assay system and patient PK data suggested that these targets are potentially inhibited at 100mg twice daily levels. A cutaneous T cell lymphoma patient achieved partial response in the first oral treatment cycle. A peripheral T cell lymphoma patient achieved 38% reduction in target lesions by PET scan in the first oral treatment cycle. An endometrial cancer patient achieved stable disease with 15% reduction of target lesions after the first oral treatment cycle. In an earlier study of intravenous fadraciclib as monotherapy, a patient with MCL1 amplified endometrial cancer achieved confirmed complete response and remains on study after two and a half years of treatment. A pancreatic cancer patient achieved stable disease by confirmatory scan for five oral treatment cycles. As no dose limiting toxicities have been observed, the Company has submitted a protocol amendment to the U.S. Food and Drug Administration to escalate to two additional dose levels before determining recommended Phase 2 dose. Based on good tolerability in 065-101, a protocol amendment in the 065-102 study of oral fadraciclib in patients with leukemia or myelodysplastic syndromes has enabled acceleration of the study by omitting dose levels two and three and now enrolling at dose level 4. CYC140: No dose limiting toxicities observed to date in 140-101, a Phase 1/2 study of oral CYC140 in solid tumors. An ovarian cancer patient in 140-101 achieved stable disease with tumor shrinkage after the first cycle. Corporate Updates: The Company is planning an R&D Day in the fall of 2022 to present updated data from the 065-101 and 140-101 clinical trials. The Company has also submitted an abstract to potentially present fadraciclib data from 065-101 at a cancer conference in the fall of 2022.
NTWK

Hot Stocks

09:17 EDT NetSol NFS Ascent goes live for Maple Commercial Finance in Australia - NETSOL Technologies has announced the Go-Live of their premier, next-generation platform NFS Ascent Omni Point of Sale, Omni POS, on the cloud for Maple Commercial Finance Pty in Australia. The client is a fast-growing asset finance startup headquartered in Sydney. "It gives me great pleasure in announcing our Go-Live with Maple," said Asad Ghauri, President, NETSOL Technologies, Asia-Pacific and Group MD Europe, NETSOL Technologies Europe. "Maple has opted for Ascent's Omni POS as a broker portal for managing the end-to-end origination process. By implementing on the cloud, they benefitted from a seamless and swift deployment process with the ability to scale on demand in the future. Further, by opting for a cloud native approach, the client benefitted from not having to pay any upfront license fees. This deployment represents the quickest ever implementation in NETSOL's history. We have delivered fast-paced and cost-effective solutions to different local markets across the world. With specific focus on the Australian market, NETSOL ensured its solution for Maple was closely aligned with local requirements and expectations," he added.
SES

Hot Stocks

09:17 EDT SES appoints Kyle Pilkington Chief Legal Officer, effective July 1 - SES AI announced the appointment of Kyle Pilkington to the position of Chief Legal Officer, effective July 1. Pilkington, who was previously VP, Legal, is based in the United States and replaces Joanne Ban on the company's Executive Team. Ban is retiring from the position due to health reasons but will continue to serve SES as an advisor to the CEO.
NXTP

Hot Stocks

09:15 EDT NextPlay Technologies forms strategic partnership with iTAP - NextPlay Technologies announced that HotPlay, the Company's in-game advertising, IGA, unit, has entered into a memorandum of understanding, MOU, with Triplecom Media, iTAP, which sets forth general terms of a proposed partnership between the Company and iTAP. The MOU contemplates a collaboration between the parties, whereby each party will provide certain services and access to certain of their platforms to the other in order to enable each party to provide more comprehensive solutions to their respective customers and users. The parties intend to target India's fast growing online gaming market, where it is estimated approximately 390 million online gamers reside, first, and to expand to additional international markets thereafter. The MOU provides that the collaboration will include the integration of HotPlay's IGA into iTAP's existing entertainment and e-sports content, amongst other things. The collaboration is designed to create an entertainment ecosystem in-line with both organizations' business objectives, tapping into India's fast-growing market. The MOU sets forth the preliminary agreement of the parties related to the proposed partnership; however, it does not obligate either party to proceed with the relationship, and the establishment of the partnership and final terms governing the partnership remain subject to execution of definitive agreements related thereto. Nithinan Boonyawattanapisut, co-CEO of the Company, stated, "The Company sees great opportunity in the Indian market, not only from the size of the market itself but also from the remarkable growth rate of its entertainment segment, particularly in the hyper-casual game space and overall gaming industry. We are optimistic about this strategic collaboration with iTAP's fast-growing OTT platform and the opportunity to enter the Indian market. We believe the recent completion of our goGame asset purchase, our hyper-casual game portfolio, and our HotPlay IGA solution offer a great synergistic value to a comprehensive entertainment platform like iTAP. The integration of HotPlay games and IGA is expected to better position iTAP's entertainment ecosystem in India and augment revenue opportunities through iTAP's rapidly growing user base."
KKR

Hot Stocks

09:14 EDT Headlands Research acquire Peninsula Research Associates, terms not disclosed - Headlands Research, backed by KKR, announced the acquisition of Peninsula Research Associates of Rolling Hills, CA, continuing the growth of its leading integrated network of clinical trial sites. Terms of the transaction were not disclosed. The addition of PRA augments Headlands' clinical research capabilities in the allergy and asthma therapeutic areas, as well as extends its expertise into pediatric studies. In addition, PRA has a well-earned representation as a leading clinical research site for conducting high-quality research studies in the vaccine space, which is a Headlands' Center of Excellence. The acquisition of PRA advances Headlands' mission of profoundly impacting the clinical trial process as well as extending its global network of clinical trial sites further within California, beyond its current San Diego and Riverside locations, as well as its headquarters in the San Francisco Bay Area.
AVCO

Hot Stocks

09:13 EDT Avalon GloboCare announces new study featuring 'QTY Code' technology - Avalon GloboCare announced a new study applying artificial intelligence enhanced protein design "QTY Code" technology. The method is expected to accelerate development of therapeutic monoclonal antibodies to treat cancer. The research demonstrates a novel method for quickly predicting the design of so-called "water-loving" or hydrophilic variant structures of the 14 glucose transport membrane proteins in cells, which allows researchers to study the proteins more easily in water. Glucose transport membrane proteins are deregulated in many tumor types and are a potentially important target for cancer therapy. The study was published on June 27, 2022, in QRB Discovery, a peer-reviewed, research journal of biological function, structure and mechanism. The "QTY Code" breakthrough technology, developed by Avalon and the laboratory of Dr. Shuguang Zhang, Ph.D., of MIT's Media lab in Boston, MA, is a protein-design platform that can turn water-insoluble transmembrane receptor proteins into water-soluble proteins, enabling their use in many clinical applications, including drug development. "This new publication with our collaborator, Professor Zhang from MIT, using the QTY code has demonstrated a novel method for quickly predicting the structures of water-soluble versions of glucose transporter proteins, which are proteins important in cancer," said David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon. "This is an important discovery as these proteins are difficult to study and so far, poorly understood. These transport proteins, especially those that regulate glucose, play a vital role in the growth of cancer. We believe our method will accelerate our understanding of these proteins and the development of antibodies against them to treat cancer."
BB AMZN

Hot Stocks

09:13 EDT BlackBerry Radar now available on AWS Marketplace - BlackBerry (BB) announced that BlackBerry Radar, the company's intelligent, data-driven asset monitoring solution purpose-built for the transportation industry, is now available for purchase in AWS Marketplace (AMZN).
VVPR

Hot Stocks

09:10 EDT VivoPower announces Tembo EV order from Atlas Iron - VivoPower International announces that its wholly-owned subsidiary, Tembo E-LV, has secured an order for its EV conversion kits from Atlas Iron, a subsidiary of Hancock Prospecting. Kevin Chin, VivoPower's Executive Chairman and Chief Executive Officer, said: "We are delighted to be assisting Atlas Iron in their journey towards electrification and energy efficiency. With the opening of borders across Australia and Southeast Asia, we have been increasing our engagement with other groups and expect to be announcing additional orders in due course."
BREZ

Hot Stocks

09:08 EDT D-Orbit signs launch, deployment contract with Kepler Communications - D-Orbit, the space logistics company that is going public through a transaction with Breeze Holdings Acquisition Corp, announced the signing of a launch and deployment contract with Kepler Communications, a private telecommunications company based in Toronto, Ontario, Canada. The contract covers the launch of two 6U telecommunications satellites. The satellites will be boarded inside the ION Satellite Carrier, D-Orbit's proprietary, versatile, and cost-effective orbital transfer vehicle designed both to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit. After launch, which is scheduled for the first quarter of 2023, the satellite will be released by ION on a 500-600 kilometer Sun Synchronous Orbit. "We are proud to partner with Kepler, a company that is leading the way in implementing high-performance satellite constellations to bring the internet to space," said Renato Panesi, D-Orbit's Chief Commercial Officer. "We believe our two companies share a common vision for the future of the space data industry, and we are confident that there will be further opportunities for synergistic collaborations in the future."
PHG BDSX

Hot Stocks

09:07 EDT Philips incorporates Biodesix's Nodify Lung blood-based testing into its system - Royal Philips (PHG) announced it has teamed up with Biodesix (BDSX) to incorporate the results of Biodesix's Nodify Lung blood-based lung nodule risk assessment testing into Philips Lung Cancer Orchestrator lung cancer patient management system. The incorporation of proteomics data - along with the radiologic and patient history data currently used to determine treatment decisions - can help create diagnostic efficiency for cancer care centers in the management of a growing number of lung nodule cases, via the contextual launch of Biodesix Nodify Lung application within Lung Cancer Orchestrator. "By incorporating Biodesix's Nodify Lung testing, we take another step in leveraging integrated diagnostics from imaging, genomics, and now proteomic results from a simple blood draw to address key moments in the lung cancer patient journey, support care team decision-making, and help health systems learn from their practice patterns in a dashboard view," said Louis Culot, General Manager Oncology Informatics and Genomics at Philips. "We expect the inclusion of Biodesix's ground-breaking technology in Philips Lung Cancer Orchestrator to help drive more confident decisions for the care team, and ultimately benefit patients."
USIO

Hot Stocks

09:07 EDT Usio announces addition of municipally-managed guaranteed income programs - Usio announced the addition of several more municipally-managed guaranteed income programs, including New York, Chicago, Denver and Arlington, to the growing list of plan sponsors that have chosen the Company's proprietary prepaid card solution for funds disbursement.
INBX

Hot Stocks

09:07 EDT Inhibrx completes Phase 1 dose escalation for INBRX-105, draws $60M loan - Inhibrx completed Phase 1 dose escalation of INBRX-105, a novel targeted 4-1BB agonist, in combination with Keytruda. It also reported the funding of an additional $60M from its Loan and Security Agreement with Oxford Finance to bring its cash balance to approximately $176M as of June 30. INBRX-105 is a therapeutic candidate based on the single domain antibody platform designed to agonize 4-1BB selectively in the presence of programmed death ligand 1. The study is a first-in-human, Phase 1 trial in patients with locally advanced or metastatic solid tumors. This four-part trial is designed to determine the safety profile and identify the maximum tolerated dose and the recommended Phase 2 dose of INBRX-105 administered in combination with Keytruda. Part 3, dose escalation in combination with Keytruda, has concluded with a total of 30 patients enrolled. INBRX-105 in combination with Keytruda was "reasonably" well-tolerated and durable responses in checkpoint-naive and relapsed refractory patients were observed. These results informed what Inhibrix believes to be the optimal dose level. Part 4 dose expansion cohorts will include a total of approximately 90 patients in five separate cohorts and the company expects to announce initial data from these cohorts in the first half of 2023. Inhibrx has one additional $30M tranche available under the Loan Agreement, which will be available to fund upon the initiation of a potential registration-enabling clinical trial of INBRX-101. To date, the aggregate balance of Inhibrx's outstanding term loans, which mature in January 2027, is $170.0M. The repayment schedule provides for interest-only payments until March 2025 with a potential 12-month extension.
SGPYY

Hot Stocks

09:05 EDT Sage Group announces new parental leave policy for U.S. workers - Sage announced the launch of a new parental leave policy for U.S. colleagues. The high-tech sector has led the market in creating attractive and progressive parental and family leave policies. This new policy will enable Sage to attract, engage and retain diverse and talented colleagues in an increasingly competitive market. This new parental leave policy provides extended paid time off to parents, regardless of gender, as they welcome a child into their lives. Sage is also introducing a leading digital tool to help colleagues and their families throughout every stage of their parenting journey. As part of Sage's drive for innovation, the company continuously looks for ways to enhance benefits to be inclusive and competitive, and meet the needs of diverse colleagues. Taking effect on July 1, 2022: Eligible full-time and part-time colleagues may receive 18 weeks of paid parental leave for the birth, adoption, or by commissioning the surrogacy of a child. This leave is offered to all new parents, regardless of gender, and Sage will provide 100% of the colleague's regular base pay during the leave. Cleo, a digital support program, will be available to guide colleagues and their families throughout every stage of the parenting journey. The program will provide tools for choosing childcare, getting financial planning help, finding savings on activities and supplies, and preparing for changing schedules.
EDBL

Hot Stocks

09:03 EDT Edible Garden announces product development agreement with Nutracom - Edible Garden AG announced that it has entered into a product development agreement with Nutracom, an established and trusted developer and contract manufacturer of nutritional products, based in Chesterfield, Missouri. Nutracom operates a state-of-the-art GMP laboratory, and 100,000 square foot cGMP certified, packaging, distribution and warehouse facility. Under the Agreement, the parties plan to develop proprietary lines of Farm to Formula nutraceuticals and other food products, to be distributed through the Edible Garden platform. The new product lines are expected to include vitamins, plant and whey proteins, and other products utilizing next-generation plant ingredients grown and sourced using sustainable methods. Jim Kras, Chief Executive Officer of Edible Garden, commented, "We are excited to embark on this project with Nutracom, given their decades of experience developing and manufacturing nutritional products using the highest quality food ingredients. Specifically, we look forward to launching new lines of nutraceuticals, plant proteins, and other Zero-Waste Inspired products that utilize every part of the plant. Our plan is to develop the best and most efficacious products that harness the full power of the plant. Personally, I have a long history working with Nutracom dating back to my tenure with Nature's Bounty, and I look forward to working with them again on this important initiative."
PHG BDSX

Hot Stocks

09:02 EDT Philips incorporates Biodesix's Nodify Lung bloob-based testing into its system - Royal Philips (PHG) announced it has teamed up with Biodesix (BDSX), a leading data-driven diagnostic solutions company, to incorporate the results of Biodesix's Nodify Lung blood-based lung nodule risk assessment testing into Philips Lung Cancer Orchestrator lung cancer patient management system. The incorporation of proteomics data - along with the radiologic and patient history data currently used to determine treatment decisions - can help create diagnostic efficiency for cancer care centers in the management of a growing number of lung nodule cases, via the contextual launch of Biodesix Nodify Lung application within Lung Cancer Orchestrator. Philips Lung Cancer Orchestrator solution is designed to enable health systems to operationalize lung cancer screening and lung nodule management programs at scale. "By incorporating Biodesix's Nodify Lung testing, we take another step in leveraging integrated diagnostics from imaging, genomics, and now proteomic results from a simple blood draw to address key moments in the lung cancer patient journey, support care team decision-making, and help health systems learn from their practice patterns in a dashboard view," said Louis Culot, General Manager Oncology Informatics and Genomics at Philips. "We expect the inclusion of Biodesix's ground-breaking technology in Philips Lung Cancer Orchestrator to help drive more confident decisions for the care team, and ultimately benefit patients."
KDP

Hot Stocks

09:02 EDT Keurig Dr Pepper introduces Intelligentsia Coffee into portfolio - Keurig Dr Pepper and Intelligentsia Coffee announced the launch of Intelligentsia in K-Cup pods for the Keurig brewing system, marking the first time the super-premium coffee brand will be offered to consumers in this format. Chicago-based Intelligentsia has been an American specialty coffee pioneer for more than 25 years, founded by Doug Zell and Emily Mange in 1995.
OBNK

Hot Stocks

08:57 EDT Origin Bancorp, BT Holdings receive approvals for proposed merger - Origin Bancorp and BT Holdings announced that the previously announced merger between BTH and Origin, pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, has been approved by the shareholders of each of BTH and Origin. In addition, all required regulatory approvals for consummation of the merger and bank merger have been received, including those from the Federal Reserve Bank of Dallas, the Louisiana Office of Financial Institutions, and the Texas Department of Banking. BTH has formally designated Lori Sirman, BTH's current President and CEO, and Jay Dyer, BTH's current Executive Vice President, as BTH's designees to serve as directors of Origin and Origin Bank following the mergers, in accordance with the terms of the Merger Agreement. The merger is expected to close in the third quarter of 2022, subject to customary closing conditions.
SYM WMT

Hot Stocks

08:57 EDT Symbotic up as filing shows Walmart as 11.1% holder - Shares of Symbotic (SYM) are up $1.08, or 9%, to $12.95 in pre-market trading after the company filed a prospectus related to the offer and sale from time to time by the selling securityholders identified in this prospectus, or their permitted transferees, of up to an aggregate of 554,976,653 shares of Class A Common Stock. "We will not receive any proceeds from the sale of Class A Common Stock by the Selling Securityholders pursuant to this prospectus," Symbotic stated in the filing. In the filing's listing of 5% holders of Symbotic, the company identifies Walmart (WMT) as a holder of a 11.1% ownership stake. As previously reported, Walmart is the company's largest customer and Symbotic entered into a Master Automation Agreement with Walmart in 2017 to implement systems and restated the agreement in 2022 to implement systems in all of Walmart's 42 regional distribution centers.
EVFM

Hot Stocks

08:48 EDT Evofem granted new patent for Phexx in the U.S. - Evofem has been issued a Notice of Allowance by the USPTO for a patent application which covers the composition of matter of Phexxi - lactic acid, citric acid, potassium bitartrate - and is expected to provide protection into at least 2033. With the issuance of this patent, in the U.S., Evofem will solely have the right to make, have made, market, and sell for any commercial purpose the composition of matter that comprises Phexxi.
VINO

Hot Stocks

08:43 EDT Gaucho Group engages Apollo Art for digital display experiences - Gaucho Group announced its luxury leather goods and accessories brand Gaucho - Buenos Aires has engaged Apollo Art to provide digital display experiences for its Miami, FL, flagship retail store slated to open in July 2022.
ENJY

Hot Stocks

08:42 EDT Enjoy Technology files for Chapter 11 bankruptcy - In a regulatory filing, Enjoy Technology disclosed that the company entered into a senior secured credit, guaranty and security agreement with Asurion on June 29, pursuant to which the company borrowed $2.5M from the lender to fund working capital requirements. On June 30, the company and certain of its wholly owned subsidiaries, Enjoy Technology LLC and Enjoy Technology Operating Corp., filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The debtors will continue to operate their businesses as "debtors-in-possession" under the jurisdiction of the court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the court. "To ensure their ability to continue operating in the ordinary course of business, the debtors have filed with the court motions seeking a variety of 'first-day' relief, including authority to obtain debtor-in-possession financing and pay employee wages. The debtors' objectives in the cases are to use the proceeds of a debtor-in-possession financing to make necessary payments, continue operations in the ordinary course of business, and consummate a sale of substantially all of their assets to the highest bidder," the company stated.
BLGO

Hot Stocks

08:42 EDT BioLargo engineering subsidiary works with Ultra Safe Nuclear - BioLargo announced that its engineering subsidiary located in Oak Ridge, Tennessee, has been working with Ultra Safe Nuclear to help produce the first prototype fuel production systems for the company's revolutionary new Micro Modular Reactor. A Seattle-based nuclear energy innovator, Ultra Safe Nuclear has invented a "fission battery" - a fourth generation modular nuclear reactor - that can deliver safe, zero-carbon, cost-effective energy anywhere. The MMR uses ceramic-encapsulated nuclear fuel - Fully Ceramic Micro-encapsulated - an extremely rugged and stable fuel with extraordinary high temperature stability. Ultra Safe Nuclear recently opened a facility in Oak Ridge, Tennessee, and reports that it will invest approximately $13 million in the community. The facility is focused on building production systems that can efficiently manufacture the ceramic-encapsulated nuclear fuel used in their reactors. BioLargo Engineering, Science & Technologies has been retained to provide engineering design support, fabrication, and integration for the company's prototype fuel production systems. Thus far, BioLargo has been contracted for work in the range of a half million dollars, to be completed over several months.
TWNK

Hot Stocks

08:40 EDT Hostess Brands announces Darryl Riley appointed Chief Sustainability Officer - Hostess Brands announced that Darryl Riley has been appointed to the newly created position of Chief Sustainability Officer, effective immediately. Riley, who most recently served as Senior Vice President, Quality, Food Safety and R&D, will report to Andy Callahan, President and CEO of Hostess Brands. "As Hostess Brands continues to focus on building a socially responsible, modern-day snacking powerhouse, we believe dedicating an executive leadership position to sustainability will drive continued progress and integration," said Callahan. "With his deep industry expertise and operational experience, Darryl is the ideal leader to help us integrate our sustainability-first approach with our sustainable profitable growth mindset." In his new role, Riley will expand the company's capabilities to develop and execute strategies to drive its Environmental, Social and Governance objectives and initiatives. Riley also will lead efforts to develop awareness, education, training, and measurement programs that inspire employees to embrace sustainability and further integrate ESG into the company culture. Riley joined Hostess Brands in 2016 as Senior Vice President, Quality, Food Safety and R&D. Prior to joining Hostess Brands, he held positions of increasing responsibility at various food companies, including Kraft Heinz and Kellogg Company. Riley earned his bachelor's degree in chemical engineering from the New Jersey Institute of Technology.
MTX

Hot Stocks

08:40 EDT Minerals Technologies elects Motwani to board of directors - Minerals Technologies announced that Rocky Motwani has been elected to its Board of Directors. Motwani is a venture investor and entrepreneur and is currently a Partner and Co-Founder of Mission3, a company that is building and investing in Web3 businesses. He is also Co-Founder of Jiko Group, a technology-based bank holding company.
COSM

Hot Stocks

08:39 EDT Cosmos Holdings enters R&D partnership with Cloudpharm - Cosmos Holdings announced a strategic partnership with Cloudpharm P.C., a bio-pharmaceutical R&D company focused on the discovery of bioactive compounds with an emphasis on natural products, with the aim of developing new medicines, cosmetics and nutraceuticals. The aim of the collaboration is to design, develop, and evaluate a series of innovative products targeting the human gastrointestinal microbiome and related health disorders. The primary design of these new products will be based on the human gut microbiota function and bioactivity. The first collaborative research project is focused on the microbiome-based management of obesity. Previous studies have demonstrated that the microbiome plays a central role in obesity management. The joint project aims to increase satiety through the combination of computational tools such as 3D spatial fillers with prebiotic like natural products. This combined approach of using software and natural compounds is intended to produce products that are fast acting and have long-term effectiveness. The products will be assessed for efficacy, tolerance, and compliance through a planned clinical trial. The weight management trial, along with compilation of the clinical data, is expected to be completed in the second half of 2023.
LINC

Hot Stocks

08:39 EDT Lincoln Educational enters partnership with AkzoNobel Coatings - Lincoln Educational Services Corporation has entered into an agreement with AkzoNobel Coatings. Lincoln Tech's Collision Repair and Refinishing Technology programs across the country will utilize paints and refinish coatings solely from AkzoNobel, as the two organizations strengthen their partnership following the opening of the Kindig Academy at Lincoln Tech in Denver, CO. "AkzoNobel's Sikkens and Lesonal product lines are known as two of the finest brands in the paint and refinish market," says Scott Shaw, Lincoln Tech's President and CEO. "For our students to have access to hands-on experience using these products will be an incredible benefit to them as they train for careers in today's collision repair industry. We are excited and grateful to be able to take our relationship with AkzoNobel to this exciting next level."
BTN

Hot Stocks

08:38 EDT Strong Studios, The Cartel start production on Safehaven - Strong Studios and The Cartel announced the start of production on Monday, June 20th in Winnipeg, Canada on its new supernatural thriller series, Safehaven. Safehaven was created by James Seale who will serve as showrunner with Kaare Andrews on board to direct. The 10 episode series is set to star newcomers Georgie Murphy and Gino Anania, along with the multi-award-winning Bob Frazer.
ENDP

Hot Stocks

08:38 EDT Endo won't make interest payment of $38M due on senior notes on June 30 - In a regulatory filing, Endo International plc reported that the company has elected not to make an interest payment of approximately $38M due on June 30 with respect to the company's outstanding 6.00% Senior Notes due 2028. "Under the indenture governing the senior notes, the company has a 30-day grace period to make the interest payment before such non-payment constitutes an 'event of default' with respect to the senior notes. The company chose to enter the grace period as it continues discussions with certain creditors in connection with the company's evaluation of strategic alternatives. The company's decision to enter the grace period was not driven by liquidity constraints, as it had approximately $1.4B in cash as of March 31, 2022. Accordingly, the company's day-to-day operations will not be impacted by the decision," Endo stated in the filing.
MIDD

Hot Stocks

08:38 EDT Middleby buys ice, soft serve and slush machine maker Icetro, no terms - The Middleby Corporation announced the acquisition of Icetro, a maker of ice, soft serve and slush machines that are used worldwide in commercial foodservice. With annual sales of approximately $40M, the company is headquartered in South Korea with U.S. operations based in Anaheim, California. "Icetro products are highly complementary to our growing portfolio of Middleby beverage brands. Because of their exceptional products and demonstrated reliability, Icetro machines are approved by numerous regional and global chain customers," said Tim FitzGerald, Middleby CEO. "Icetro expands our offerings in ice, adding a selection of cubed and flaked machines, while their soft serve and slush machines enhance our existing product lines with a collection of countertop equipment. Icetro soft serve technology has heat-treat pasteurization capabilities addressing food safety issues, while reducing cleaning and labor requirements." "Icetro has a modern, state-of-the-art production facility with rigorous quality standards. This acquisition furthers our Asian manufacturing capabilities and provides us with local solutions to support our customers expanding in international markets," Mr. FitzGerald continued.
GRIL

Hot Stocks

08:37 EDT Muscle Maker's Pokemoto adds Tennessee to portfolio - Pokemoto, Muscle Maker announced the signing of a new Pokemoto franchise agreement for the Gallatin, Tennessee market. This new franchise agreement marks the first entry for Pokemoto into the Tennessee market. Michael Roper, CEO of Pokemoto commented "We're excited to bring Pokemoto to Tennessee with a great franchise partner. We love bringing new franchisees into our Pokemoto Ohana! Over the last few weeks we announced new franchise agreements in Pennsylvania and Texas, now we are adding Tennessee to our expanding portfolio. Pokemoto is in growth mode and our franchise sales team continues to expand the brand via digital targeted marketing efforts, tradeshows, virtual discovery days and more. Once the aforementioned locations open, Pokemoto will have locations operating across 12 states, including Connecticut, Rhode Island, New York, New Jersey, Massachusetts, Virginia, Pennsylvania, Maryland, Mississippi, Florida, Texas and now Tennessee."
MULN

Hot Stocks

08:36 EDT Mullen Automotive expects to report in excess of $61M in cash, cash equivalents - Mullen Automotive announces that it expects to report in excess of $61 million in cash and cash equivalents on June 30, 2022, after having significantly strengthened its balance sheet over the quarter ending June 30, 2022.
HCCI

Hot Stocks

08:36 EDT Heritage-Crystal Clean to acquire Patriot Environmental Services - Heritage-Crystal Clean announced it has entered into a definitive agreement to acquire Patriot Environmental Services. Patriot is a provider of environmental services across the Western United States specializing in a wide variety of waste services, including emergency response, industrial services, and OSRO spill response. Patriot provides full-service environmental solutions to a wide variety of end markets, serving customers within manufacturing, agriculture, construction, healthcare, mining, oil & gas, transportation, and utilities markets. From custom on-site services to industrial waste disposal, as well as wastewater treatment, Patriot operates at eighteen locations in the western and southern United States. The transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions, is expected to close in the third quarter of 2022.
BLIN

Hot Stocks

08:35 EDT Bridgeline Digital books new deal with SAGE Publishing - Bridgeline Digital announced that their site search product Hawksearch has been chosen by SAGE Publishing to power their online stores including Corwin Press. SAGE has selected Hawksearch to provide on-site search for their global multi-site migration to Sitefinity, with BigCommerce powering their eCommerce stores. Hawksearch will index SAGE's large product database, allowing users to search content from both BigCommerce and Sitefinity. Ari Kahn, CEO of Bridgeline says, "It's always exciting when new customers find that Hawksearch is best suited for their growth strategy. We look forward to working with our partners to deliver high-quality experiences to our new customers and their industries."
NRSN

Hot Stocks

08:35 EDT NeuroSense reports preliminary results from biomarker study of CogniC - NeuroSense announced results from a biomarker study conducted to evaluate the potential of CogniC, NeuroSense's combination drug for the treatment of Alzheimer's disease. NeuroSense's biomarker study identified several biomarkers associated with AD, which indicate CogniC's mechanism of action may be effective in targeting the pathways involved in the disease, such as miRNA dysregulation, lysosomal dysfunction, and impaired autophagy. Additionally, hallmarks of AD were detected, such as increased levels of amyloid-beta and intracellular aggregates of tau protein among the panel of biomarkers evaluated. Preliminary results revealed high levels of TDP-43 in people who suffer from AD, when compared to the healthy control group. These findings provide additional support for TDP-43 pathology as an integral part of AD, reinforcing the growing body of evidence in AD research regarding the role of TDP-43 in neurodegenerative pathologies. TDP-43 has been found in up to 57% of AD cases and aggregates of TDP-43 have been shown to be cytotoxic both in vitro and in vivo. NeuroSense's platform combination therapy technology, the basis of CogniC, has already shown to impact TDP-43 in a Phase IIa clinical trial biomarker study in another neurodegenerative disease, amyotrophic lateral sclerosis. "Having identified these promising biomarkers, which have the potential to be modulated by CogniC, we are now preparing to carry out a clinical proof-of-concept study in conjunction with a leading AD clinic. The study is expected to commence in 2023," stated NeuroSense CEO, Alon Ben-Noon.
HRTX

Hot Stocks

08:34 EDT Heron Therapeutics announces restructuring plan including 34% staff reduction - Heron Therapeutics announced a corporate restructuring and cost reduction plan to address the current market dynamics. The company expects these actions will result in annualized cost savings of $43M. The majority of the cost savings will result from a significant workforce reduction across the company's research and development organization, with approximately 70% of the total employee reductions coming from research and development. The remaining research and development team will support the label expansion for Zynrelef, and the HTX-019 new drug application for PONV. In total, these actions will result in a reduction of the total company employee base by 34%. Streamlined operational expenditures Include reductions and reallocations in overall sales, general and administrative expenses, as well as savings related to reduced external spend.
LIVE

Hot Stocks

08:34 EDT Live Ventures announces acquisition of The Kinetic valued at $26M - Live Ventures Incorporated (LIVE) announced that through its existing subsidiary, Precision Marshall, it has acquired all of the outstanding stock of The Kinetic Co, a 74-year-old, Wisconsin-based company. The transaction, valued at approximately $26M, was financed with a combination of third-party bank and seller debt, a sale-leaseback of real estate, and cash from Live Ventures. Kinetic is a brand name in the production of industrial knives and hardened wear products for the tissue, metals, and wood industries and is known as a one-stop shop for in-house grinding, machining, and heat-treating. "We are excited to add the Kinetic platform to our growing steel manufacturing segment," said Jon Isaac, President and CEO of Live Ventures. "We believe Kinetic's long-tenured family history and culture, combined with its recognized brand name and manufacturing footprint, are a great fit within the Live Ventures model. We look forward to continuing the rich legacy of Kinetic and maintaining its reputation, which comes from 70 plus years of commitment to its customers, employees, and community. We welcome all of the Kinetic employees to the Live Ventures family."
ABVC

Hot Stocks

08:34 EDT ABVC BioPharma: Vitargus Phase II study receives approval by CREC of Thailand - ABVC BioPharma announced that the Vitargus Phase II Clinical Study Protocol has been approved by the Central Research Ethics Committee of The National Research Council of Thailand. The approval encompasses the study protocol as well as the Master Informed Consent Form, Case Report Form and the Investigator's Brochure, along with other relevant documents. ABVC has selected the Thailand, Ramathibodi Hospital, Mahidol University located in Bangkok and Srinagarind Hospital, Khon Kaen University located in Khon Kaen Province to initiate the study subject to local Ethics Committee approval and receipt of a Thai FDA study product import license. It is expected that a total of 20 or more patients undergoing vitreo-retinal surgery will be included in the study at the selected sites.
WPP

Hot Stocks

08:34 EDT WPP to acquire Bower House Digital, terms undisclosed - WPP announced it has agreed to acquire the business of Bower House Digital, a marketing technology services agency located in Australia. Bower House Digital will join Ogilvy's global network. Founded in 2017 by Bryan Dobson and Meg Quinn, it employs approximately 80 people across Australia and the Asia Pacific region. The agency designs, builds and deploys digital experiences for clients including Aesop, Bunnings, Bupa, Target and Myer. It specializes in implementing Salesforce Marketing Cloud solutions and was awarded Salesforce's APAC Growth Partner of the Year in 2021.
RPID

Hot Stocks

08:32 EDT Kennedy Lewis proposes to buy Rapid Micro Biosystems for $5.00 per share in cash - Kennedy Lewis Investment Management sent the following letter to the Board of Directors of Rapid Micro Biosystems: "To the Board of Directors: Kennedy Lewis Investment Management is interested in discussing a potential acquisition of Rapid Micro Biosystems. Kennedy Lewis is an opportunistic credit manager founded in 2017 with approximately $10 billion under management across private funds and CLOs. Kennedy Lewis' private funds primarily focus on middle-market companies facing disruption, whether it be cyclical, secular or regulatory related. The firm also partners with high growth companies that are causing disruption, providing structured capital solutions to fit their needs. As of the date of this letter, funds affiliated with Kennedy Lewis own approximately 14.14% of the issued and outstanding Class A common stock of RPID. As you know, we have been a long-time supporter of the company, both as a lender and currently as RPID's second largest stockholder, and we believe that as a private company RPID would be in a stronger position to maximize its resources and realize strategic value that enhances its operations and supports its stakeholders. Accordingly, we propose that one or more of our funds would acquire 100% of RPID for $5.00 per share in cash, representing a substantial premium of approximately 57% to the closing share price of $3.18 on June 29, 2022, the last trading day before the date of this letter. We have the ability to fully finance this all-cash proposal, and the definitive transaction agreement will not include a financing condition. The foregoing indicative terms are based solely on our review of publicly available information and are subject to completion of due diligence and execution of definitive documentation acceptable to Kennedy Lewis, and we reserve the right to withdraw this proposal or modify it in any manner. Following the review of additional information pursuant to a mutually acceptable nondisclosure agreement, we expect that we would complete our work, including the negotiation of definitive documentation, expeditiously. We have engaged an experienced team of advisors, including Akin Gump Strauss Hauer & Feld LLP as legal counsel, and are prepared to commence work with respect to this proposed transaction immediately. We are excited about the future business prospects of RPID and are interested in working constructively with the RPID Board of Directors with the goal of reaching agreement on a transaction that will provide all stakeholders with value, speed and certainty. We hope that the Board will work with us to maximize value and opportunities for all RPID stockholders and other stakeholders, and we look forward to receiving a response to this non-binding proposal promptly."
MMMB

Hot Stocks

08:32 EDT MamaMancini's acquires 24% minority interest in Chef Inspirational Foods - MamaMancini's announced it has signed a definitive agreement to acquire a 24% minority interest in Chef Inspirational Foods for an investment of $1.2M , at an implied enterprise value for CIF of $5M. The investment consists of $500,000 in cash and $700,000 in MamaMancini's common stock. "Our investment in a minority interest in CIF brings an experienced, dynamic team which complements our logistics, product development and innovation capabilities with a robust sales presence - all while providing a strong level of vertical integration given T&L is an anchor supplier of CIF," said Carl Wolf, Chief Executive Officer of MamaMancini's. "We expect our investment into CIF to be immediately accretive to net income, while our option to purchase the remainder of the company at a set price provides significant optionality and upside potential. We are excited about the opportunity this acquisition provides to advance our capabilities with a national, innovative, fully integrated food development company with exceptional marketing and sales teams driving incredible penetration across its retail channels.
NMTR

Hot Stocks

08:24 EDT 9 Meters Biopharma sees cash runway into 4Q23
NMTR

Hot Stocks

08:24 EDT 9 Meters Biopharma announces debt facility to support Phase 3 vurolenatide study - 9 Meters Biopharma announced it has entered into a senior secured convertible notes facility with a single lender for up to $70 million that is part of an overall financing strategy to support the continued development of vurolenatide for short bowel syndrome through NDA submission. Under the terms of the agreement, 9 Meters will draw an initial $20 million upon closing of the transaction. The Company has the ability to access up to an additional $50 million in $5-20 million tranches per quarter over an 18-month period, based on meeting certain requirements, including raising additional capital. The notes carry an interest-only period of up to 12 months and will bear interest at a floating rate, which is subject to a floor of approximately six percent. The Company had cash, cash equivalents, and short-term investments of $37 million as of March 31, 2022. Taking into account the initial drawdown of $20 million at closing, the Company would have had pro-forma cash, cash equivalents, and investment balance of $57 million as of March 31, 2022, and an expected cash runway into fourth quarter 2023.
EFLVF

Hot Stocks

08:23 EDT Electrovaya awarded U.S. patent for Lithium Ion Electrode - Electrovaya announced the receipt of a US patent for a unique battery electrode microstructure with superior distribution of active and non-active materials. The US Patent number is US11,355,744B2 and is titled Lithium Ion Battery Electrode with Uniformly Dispersed Electrode, Binder and Conductive Additive.
EQNR

Hot Stocks

08:22 EDT Equinor announces completed share capital reduction - In line with the objective for the share buy-back programme which was executed by Equinor in three tranches in the period 28 July 2021 until 25 March 2022, the annual general meeting on 11 May 2022 in Equinor ASA decided that the share capital shall be reduced with NOK 205,543,870 from NOK 8,144,219,267.50 to NOK 7,938,675,397.50, by deletion or redemption of total 82,217,548 shares. The creditor deadline for the capital reduction has expired and the capital reduction was completed in the Company Register Center 29 June 2022.
SKPGF

Hot Stocks

08:22 EDT Spark Power provides update on operational integration, performance - Spark Power Group provides an update on management's continued efforts to aggressively execute on its business-wide integration and ongoing performance improvement actions to achieve targeted synergies and optimize financial performance. The company said, "Spark Power's positive momentum towards operational effectiveness, improving gross margin trends, safety performance and revenue growth continues with the final integration of all previously acquired companies under a consolidated One Spark operating model. This "last-mile" integration will consolidate Spark Power's operating enterprise across all lines of business, fully unifying our go-to-market strategy across the organization, resulting in the unlocking of operational efficiencies in our management structure, simplifying business processes and eliminating complexity - ultimately providing for more enhanced service delivery to our valued customers. The integration of the Company's Canadian operations is expected to be complete in H2 2022, with U.S. operations to be fully integrated in early 2023...The Company has been actively executing a comprehensive performance improvement program consisting of targeted initiatives to expand margins and optimize S,G&A. One such initiative includes the consolidation and closure of underperforming branches based on market density and profitability. To date, five branch locations have been closed with further markets under review. The Company also continues to monitor the inflationary cost pressures in the market and refine its pricing approach to support higher margin realization...Beyond near-term initiatives to improve performance, the Company continues to execute on its enterprise-wide systems integration - Project Darwin. This will bring all operating companies onto one single platform, including common processes and operating protocols. The expected benefits include improved customer experience, unlocking operational efficiencies both in the field as well as the back office, and a scalable platform to support the next stage of growth for the Company. The first go-live is scheduled for Q3, followed by a phased rollout to start 2023. Based on the integration activities currently underway, and coupled with the ongoing performance improvement initiatives implemented through the first quarter, the Company estimates annualized S,G&A cost reductions in the range of $5.5 - $6.5M will have been effected as of the end of Q2 2022, including a reduction in headcount in the range of 17-20% and completion of the final stage of the previously announced founder transition."
ODV

Hot Stocks

08:20 EDT Osisko announces initial pit resource estimation for San Antonio Property - Osisko Development announces an initial open pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario Deposits at its San Antonio Project in Sonora State, Mexico. Project Highlights: Indicated Mineral Resource of 576,000 ounces of gold and 1.37 million ounces of silver; Inferred Mineral Resource of 544,000 ounces of gold and 1.76 million ounces of silver; The 2022 Mineral Resource Estimate covers a portion of the Sapuchi - Cero Verde trend that encompasses five deposits: Sapuchi, Golfo de Oro, California, Calvario and High Life over approximately 2.8 km along strike, a maximum width of 600 metres to a maximum depth of 300 m below surface. Chris Lodder, President of Osisko Development commented, "Osisko Development has made considerable progress at San Antonio in the past year with the construction of the leach pad, near term processing of the stockpile and completion of a drill program to generate this initial resource. The Company believes there is potential to add to the mineral resource through continued exploration and drilling on the property."
MCHP

Hot Stocks

08:19 EDT Microchip announces maXTounch Knob on Display controller - Microchip Technology announces the maXTouch Knob on Display controller as the first automotive-grade touchscreen controller family to natively support the detection and reporting of capacitive rotary encoders, as well as mechanical switches on top of a touch panel. Unlike traditional mechanical rotary encoders, this new technology enables the mounting of the knob directly onto the display without an opening in the panel or any customization of the touch pattern, increasing design flexibility and system cost savings.
CDPYF

Hot Stocks

08:18 EDT Canadian Apartment Properties appoints Julian Schonfeldt as CIO - Canadian Apartment Properties Real Estate Investment Trust is pleased to announce the appointment of Julian Schonfeldt as Chief Investment Officer effective in the third quarter of 2022. In this role, Mr. Schonfeldt will be responsible for leading CAPREIT's strategic and growth initiatives, including acquisitions, dispositions, capital allocation, investment performance, and communication with key stakeholders. Schonfeldt in his most recent role was Managing Director in the Real Estate Group at RBC Capital Markets.
IRNT

Hot Stocks

08:18 EDT IronNet joins Russell 2000, Russell 3000 indexes - IronNet announced it joined the small-cap Russell 2000 and the broad-market Russell 3000 Indexes on June 27 as part of the 2022 Russell indexes annual reconstitution. In addition to joining both the Russell 2000 and the Russell 3000 Indexes, the stock also was automatically added into the portfolios of numerous growth and value investment funds.
NGM

Hot Stocks

08:16 EDT NGM Biopharmaceuticals appoints Siobhan Nolan Mangini as President - NGM Biopharmaceuticals announced that Siobhan Nolan Mangini, who has served as the company's Chief Financial Officer, CFO, since July 2020, has been appointed to the additional role of President of NGM Bio. David Woodhouse, Ph.D. will continue to serve as NGM Bio's Chief Executive Officer, CEO. William Rieflin, who has served as Executive Chairman of NGM Bio's Board of Directors since September 2018, will transition to Chairman of the Board effective July 1, 2022. Prior to moving into his role as Executive Chairman, Rieflin served as NGM Bio's CEO and a member of the company's Board of Directors for eight years. In addition to continuing to oversee business development, finance and accounting, and investor relations at NGM Bio, in her new role Nolan Mangini will oversee additional functions, including corporate and product strategy, information technology, and cybersecurity and real estate.
ACHL

Hot Stocks

08:14 EDT Achilles Therapeutics appoints Taylo as CBO, Yee to SAB - Achilles Therapeutics announced the appointment of James Taylor as Chief Business Officer, CBO, and Cassian Yee, MD to its Scientific Advisory Board, SAB, effective July 1, 2022. James brings over 25 years of experience. Most recently, he was Chief Business Officer at Sosei Heptares. The Company has also expanded its Scientific Advisory Board with the addition of Cassian Yee, MD. Dr. Yee is a professor in the department of melanoma medical oncology and the department of immunology at The University of Texas MD Anderson Cancer Center.
XOS FDX

Hot Stocks

08:14 EDT Xos delivers three battery-electric stepvans to FedEx Ground Operator - Xos announced the delivery of three of its 100% battery-electric stepvans to FedEx Ground Operator Cutone Transport in Ontario, Canada during the month of June 2022. FedEx Ground Operators work as FedEx Corporation independent service providers. With this delivery, Cutone becomes Xos' first Canada-based customer.
SBEV

Hot Stocks

08:12 EDT Splash signs agreement with Mexcor to distribute three alcohol brands in Texas - Splash Beverage Group announced that it has reached agreement with Mexcor International for the distribution of Pulpoloco, Copa di Vino and SALT Tequila brands throughout the state of Texas. Robert Nistico, Splash Beverage Group's Chairman and CEO, commented, "With almost 30 million residents, and four of the top eleven cities in America by population, Texas is a key component of any consumer growth strategy. This agreement provides Splash access to millions of consumers and retailers. Statewide coverage has always been difficult with any one distributor in Texas. Mexcor has built an outstanding operation with excellent market coverage. Our brands will now be supported by three separate warehouses across the state through a distributor that has become one of the fastest growing distributors in the United States."
RPHM

Hot Stocks

08:11 EDT Reneo Pharmaceuticals to present data from Phase 1 REN001 study - Reneo Pharmaceuticals announced that data from the Company's Phase 1 leg immobilization study of REN001 in healthy volunteers has been accepted for presentation at the 17th International Congress on Neuromuscular Diseases being held in Brussels, Belgium July 5-9, 2022. In the study, REN001 was safe and well tolerated. Compared to placebo, REN001 prevented muscle atrophy, promoted faster recovery of muscle strength, and increased transcription of genes involved in mitochondrial biogenesis and function.
ASGTF

Hot Stocks

08:10 EDT Altus Group appoints Wai-Fong Au, Carolyn Schuetz to board - Altus Group welcomes two new independent directors, Wai-Fong Au and Carolyn Schuetz, to its Board of Directors. Ms. Au is a seasoned financial services executive with over 40 years of global experience, including over 25 years serving on boards with notable expertise in the areas of audit and risk. Throughout her career, she held senior positions for a number of leading financial services firms, including at Barclays, RSA and Hill Samuel. S Ms. Schuetz is an accomplished executive with more than 30 years of global experience in financial services. Having spent 16 years at HSBC, most recently as the Chief Operating Officer for Group Retail Banking and Wealth Management, she brings deep operational expertise and a proven track record of delivering large-scale transformational change in complex, highly regulated industries.
AGIL

Hot Stocks

08:10 EDT AgileThought names Gonzalo Mones Cason as Chief People Officer - AgileThought announces that Gonzalo Mones Cazon has been appointed as the Company's Chief People Officer, CPO, effective July 4, 2022. Gonzalo Mones Cazon was most recently Head of People at Wildlife Studios.
CNI

Hot Stocks

08:09 EDT CN to invest $55M in Michigan in 2022 - CN announced plans to invest approximately $55 million in Michigan in 2022. This includes investments in technology, capacity, rolling stock units and company-wide decarbonization initiatives, as well as network improvements. These investments will power sustainable growth and ensure the continued safe movement of goods in Michigan and everywhere on CN's transcontinental network.
ENOV ALC

Hot Stocks

08:08 EDT Enovis Alcon announces Berry will succeed Hix as CFO - Enovis Corporation (ENOV) announced that Ben Berry, CFO of the Company's business units, will succeed Chris Hix as Chief Financial Officer, effective January 1, 2023. At that time, Hix will transition to an advisory role until his retirement in the fourth quarter of 2023. Previously, Berry spent 18 years in the medical technologies sector with Alcon (ALC), which included its launch as an independent public company.
CNI

Hot Stocks

08:07 EDT CN to invest $20M in Iowa in 2022 - CN announced plans to invest approximately $20 million in Iowa in 2022. This includes investments in technology, capacity, rolling stock units and company-wide decarbonization initiatives, as well as network improvements. These investments will power sustainable growth and ensure the continued safe movement of goods in Iowa and everywhere on CN's transcontinental network.
DARE OGN

Hot Stocks

08:07 EDT Dare announces closing of global license agreement with Organon for XACIATO - Dare Bioscience (DARE) announced that the exclusive license agreement entered into on March 31, 2022 with Organon (OGN), a global women's healthcare company, has become fully effective. Under the agreement, Organon licensed global rights to XACIATO, an FDA-approved medication for the treatment of bacterial vaginosis in females 12 years of age and older. XACIATO received both Qualified Infectious Disease Product and Fast Track designations from the FDA for the treatment of bacterial vaginosis. In connection with the closing, Dare will receive a $10M upfront payment from Organon. Dare is eligible to receive potential milestone payments of up to $182.5M and tiered double-digit royalties based on net sales. XACIATO is expected to be available commercially in the U.S. in Q4 2022. "Bacterial vaginosis is the most common cause of vaginitis worldwide and is estimated to affect approximately 21 million women in the U.S.," said Sabrina Martucci Johnson, President and CEO of Dare. "The Dare team identified bacterial vaginosis as an area in need of new treatment options. We are thrilled to be collaborating with Organon, one of the premier companies in women's health, as we believe Organon's commercial capabilities will ensure that XACIATO reaches the women most impacted by this condition."
PETZ

Hot Stocks

08:06 EDT TDH Holdings regains compliance with Nasdaq minimum bid price requirement - TDH Holdings received notification from Nasdaq confirming the company has regained compliance with Nasdaq's minimum bid price requirement and this matter is now closed.
TWST

Hot Stocks

08:06 EDT Ildong to license Twist VHH antibody libraries to enhance antibody discovery - Twist Bioscience announced an agreement under which Ildong will license a suite of Twist VHH antibody libraries to use to discover and develop antibodies for applications in immuno-oncology. "This collaboration with Twist moves us closer to our vision of becoming a fully global healthcare company while also continuing to drive novel therapies in South Korea through the expansion of our pipeline," said Hongseok Ban, Ph.D. of Ildong Pharmaceutical. "Access to a selection of Twist's VHH libraries will enable us to complete discovery efforts to select antibody candidates for development as novel immuno-oncology therapies." "We believe our VHH libraries are extremely versatile in their applications developing novel and next generation therapies. Because they are significantly smaller than a traditional human antibody, they can be combined with other technologies, or used on their own for development of effective therapies," said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "This VHH library licensing agreement with Ildong is our first collaboration with a South Korea-based company and broadens our presence in the Asia-Pacific region." Under the terms of the agreement, Ildong will license a suite of Twist's VHH libraries for a period of three years and will use the libraries to conduct research and development activities. Twist will receive an upfront payment, annual maintenance fees and additional payments for success-based clinical and regulatory milestones as well as royalties on product sales.
SCPH

Hot Stocks

08:06 EDT scPharmaceuticals to host FUROSCIX commercial day - scPharmaceuticals announced that the Company is hosting a virtual investor event, FUROSCIX 80mg/10mL for Subcutaneous Administration Commercial Day: An Investigational Treatment for Heart Failure Patients, on Wednesday, July 13, at 10:00 AM EDT. The commercial day event will feature presentations from Key Opinion Leaders Daniel Robert Bensimhon, MD. Dr. Bensimhon will discuss the current treatment landscape and unmet medical need in treating adult patients with New York Heart Association (NYHA) Class II and Class III heart failure. Mr. Kenney will provide insights from the payer perspective and discuss the high costs associated with treating heart failure patients. The scPharmaceuticals leadership team will discuss FUROSCIX, a proprietary formulation of furosemide that is designed to be administered by subcutaneous infusion via a wearable, pre-programmed on-body, drug delivery system, and how, if approved, it has the potential to reduce healthcare costs by enabling the management of heart failure patients both pre-admission and post-discharge.
NRIX

Hot Stocks

08:05 EDT Nurix Therapeutics announces clearance from US FDA for IND for NX-1607 - Nurix Therapeutics announced that it has received clearance from the U.S. Food and Drug Administration, FDA, for the company's Investigational New Drug, IND, application to expand the ongoing Phase 1 clinical program for NX-1607 into sites in the United States. The Phase 1a/1b study, which currently includes sites in the United Kingdom, is evaluating the first-in-class orally dosed small molecule NX-1607, a Casitas B-lineage lymphoma proto-oncogene inhibitor. The multicenter, open-label Phase 1 dose escalation and expansion trial will evaluate the safety and tolerability of NX-1607 in adults with advanced malignancies which includes a variety of solid tumor indications. "We are pleased with our progress in the clinical evaluation of NX-1607 in the U.K. and clearance of our IND now allows us to advance clinical development at U.S. sites," said Robert Brown, M.D., executive vice president of clinical development of Nurix. "We believe NX-1607 holds tremendous promise as a master immune system orchestrator to address the unmet medical need for patients with a wide range of tumor types. Working with regulatory agencies in the U.S. and abroad builds an important foundation for global development and access. We look forward to sharing initial biomarker data from the Phase 1 trial at an appropriate medical meeting in the second half of 2022."
KULR

Hot Stocks

08:04 EDT KULR Technology partners with E-One Moli Energy for battery applications - KULR Technology Group placed an initial order for over 75 megawatt hours of Li-ion battery cell capacity from Taiwan's E-One Moli Energy Corporation to design and build battery applications with the highest safety ratings. As part of the strategic relationship, KULR would purchase over 700MWh of battery energy capacity to further accelerate its production and supply chain localization initiatives within North America.
VXRT

Hot Stocks

08:04 EDT Vaxart, hVIVO sign agreement to develop first human omicron challenge model - Vaxart VXRT announced an agreement with hVIVO Services Limited, a subsidiary of Open Orphan under which hVIVO will conduct a characterization study and, if successful, develop a human challenge model based on the Omicron variant of SARS-CoV-2 with the intent to conduct a subsequent Phase II Human Challenge Trial, HCT, of Vaxart's oral COVID-19 vaccine pill candidate. "We are excited at the prospect of testing our vaccine candidates in a human Omicron challenge model particularly given the preclinical data we reported earlier this month that showed two of our COVID-19 vaccine constructs could protect against the Omicron BA.1 variant. A human challenge study of our oral COVID-19 vaccine pill candidate against the Omicron variant of SARS-CoV-2 is the most rapid and direct way to assess the efficacy of this candidate against a highly prevalent viral strain," said Dr. James Cummings, Vaxart's Chief Medical Officer. Following manufacture of the challenge virus, hVIVO will conduct a characterization study to establish a dose of the Omicron challenge virus that will cause a safe and reliable infection in healthy volunteers. The study will enroll healthy male and female volunteers who have previously been vaccinated against or infected with SARS-CoV-2, with no known risk factors for severe COVID-19 and low levels of serum neutralizing antibodies. Subject to the successful completion of the characterization study and receipt of relevant regulatory approvals, the Omicron human challenge trial is expected to begin in 2023.
BBBY

Hot Stocks

08:03 EDT Bed Bath & Beyond names Laura Crossen as Chief Accounting Officer - Bed Bath & Beyond announced that it has named Laura Crossen as Senior Vice President of Finance and Chief Accounting Officer, and Susie Kim as Senior Vice President of Treasury and Investor Relations, effective immediately.
VTOL

Hot Stocks

08:02 EDT Bristow Group signs maintenance agreements for its global AW139 helicopter fleet - Bristow Group has signed long-term, favorable maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on the company's global fleet of AW139 helicopters. The aggregate buy-in cost is approximately $55M, which will be paid in installments between June and December 2022. In addition to the AW139 agreements, Bristow has also signed long-term maintenance support agreements with Leonardo for the AW189 airframe and with Honeywell for the AW139 avionics suite. Bristow has also signed a long-term maintenance agreement with General Electric for support of AW189 and S-92 engines.
ARDX

Hot Stocks

08:02 EDT Ardelyx announces $20M financing agreement with HealthCare Royalty Partners - Ardelyx announced that the company may receive up to $20M from HealthCare Royalty Partners from the sale of its future royalties and sales milestones from Kyowa Kirin Co., Ltd, its collaboration partner in Japan for the commercialization of tenapanor for hyperphosphatemia. Under the terms of the agreement, Ardelyx will receive from HealthCare Royalty a $10M upfront payment, an additional $5M following Kyowa Kirin's receipt of regulatory approval to market tenapanor for hyperphosphatemia in Japan, and $5M in the event net sales in Japan exceed a certain target level by 2025. In return, HealthCare Royalty will receive the royalty payments and commercial sales milestones that Ardelyx may earn under the license agreement with Kyowa Kirin.
AYI

Hot Stocks

07:57 EDT Acuity Brands jumps 9% to $170.00 after Q3 results beat estimates
SSNLF

Hot Stocks

07:40 EDT Samsung begins chip production using 3nm process technology - Samsung Electronics announced that it has started initial production of its 3-nanometer process node applying Gate-All-Around transistor architecture. Multi-Bridge-Channel FET, Samsung's GAA technology implemented for the first time ever, defies the performance limitations of FinFET, improving power efficiency by reducing the supply voltage level, while also enhancing performance by increasing drive current capability. Samsung is starting the first application of the nanosheet transistor with semiconductor chips for high performance, low power computing application and plans to expand to mobile processors.Reference Link
UHS

Hot Stocks

07:39 EDT Universal Health drops 7% to $99.00 after FY22 guidance lowered - The company's Q2 EPS forecast also missed estimates.
SEAT

Hot Stocks

07:38 EDT Vivid Seats announces expiration, results of exchange offer - Vivid Seats announced the expiration and results of its previously announced exchange offer and consent solicitation relating to its outstanding public warrants to purchase shares of its Class A common stock, par value $0.0001 per share. The Offer and Consent Solicitation expired at 11:59 p.m., Eastern Daylight Time, on June 29, 2022. The Company has been advised that 11,366,727 public warrants, or approximately 62.7% of the outstanding public warrants, were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation. The Company expects to accept all validly tendered warrants for exchange and settlement on or before July 5, 2022. Concurrently with the Offer, the Company solicited consents from holders of the public warrants to amend the warrant agreement governing the public warrants to permit the Company to require that each public warrant outstanding upon the closing of the Offer be converted into 0.213 shares of Class A Common Stock. The Warrant Amendment required the consent of holders of at least 65% of the outstanding public warrants. Pursuant to the Consent Solicitation, the Company received the approval of approximately 62.7% of the outstanding public warrants to the Warrant Amendment. Accordingly, the Warrant Amendment will not go into effect.
PBIO

Hot Stocks

07:37 EDT Pressure BioSciences to participate in FORCE Family Office webinar - Pressure BioSciences announced the Company's participation in the June 30th Revolutionizing the Development of Plant-Based Food Products webinar, sponsored by FORCE Family Office. This real-time, interactive "Presentation/Q&A Event" will cover the three pressure-based technology platforms of Pressure BioSciences, with strong focus and emphasis on PBIO's Ultra Shear Technology platform.
UAVS

Hot Stocks

07:36 EDT Ageagle Aerial Systems announces pricing of $10M registered direct offering - AgEagle Aerial Systems announced that, it has entered into a securities purchase agreement with an institutional investment firm, which is an existing AgEagle shareholder. Pursuant to the agreement, the Investor will purchase 10,000 shares of Series F 5% Convertible Preferred Stock and warrants to purchase up to 16,129,032 shares of common stock at an exercise price of $0.96 per share, for gross proceeds of approximately $10 million. The Series F Convertible Preferred will be convertible into 16,129,032 shares of the Company's common stock at a conversion price of $0.62 per share. The Warrants are not exercisable for the first six months after issuance and have a three-year term from the exercise date. Upon exercise of the Warrants in full by the Investor, the Company would receive additional gross proceeds of approximately $15.5 million. A certificate of designation setting forth the terms, dividends, rights and other privileges of the Series F Convertible Preferred will be filed with the Secretary of State of the State of Nevada. The Investor has the right, subject to certain conditions, including shareholder approval, to purchase up to $25,000,000 of additional shares of Series F Convertible Preferred and warrants. That option will be available for a period of 18 months after shareholder approval at a purchase price equal to the average Volume Weighted Average Pricings for three trading days prior to the date the Investor gives notice to the Company that it will exercise the option. The Company expects the net proceeds from the offering to be approximately $9.92 million after deducting approximately $80,000 in offering expenses. The Company expects to spend the balance of the proceeds for general working capital and capital expenditure purposes. The offering is expected to close on or about June 29, 2022, subject to the satisfaction of customary closing conditions.
MRMD

Hot Stocks

07:35 EDT Marimed announces filing of final non-offering prospectus - MariMed announced that it has obtained a receipt for its final non-offering, long form prospectus dated June 29, 2022 from the Ontario Securities Commission. Concurrent with its prospectus filing, the Company also received conditional approval from the Canadian Securities Exchange to list the Company's common shares on the CSE under the symbol "MRMD". Listing of the common shares is subject to the satisfaction of certain customary conditions, including the receipt by the CSE of all final documentation. The Company anticipates the dual listing on the CSE to be effective in July of 2022.
JENGQ

Hot Stocks

07:34 EDT Just Energy says Q4 results to be issued on or before July 29 - Just Energy Group announced that it has filed a notification of late filing on Form 12b-25 with the United States Securities and Exchange Commission in connection with its annual report, including the annual audited financial statements and management discussion and analysis, for the year ended March 31, 2022. The Company anticipates that it will file the Annual Filings on or before July 29, 2022. The Company is unable to file its Annual Filings within the prescribed time period under US securities laws without unreasonable effort or expense because the Company needs additional time to complete its financial statements and related disclosures due to the Company's ongoing financial restructuring process.
FHS

Hot Stocks

07:33 EDT First High-School Education announces RMB4M share repurchase program - First High-School Education announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to RMB4M of its Class A ordinary shares in the form of American depositary shares during a twelve-month period commencing on July 15.
RPRX BPMC

Hot Stocks

07:33 EDT Royalty acquires royalty interest in Gavreto from Blueprint for up to $340M - Royalty Pharma (RPRX) announced that it has acquired an ex-U.S. royalty interest in Gavreto from Blueprint Medicines (BPMC) for up to $340M, consisting of $175 M upfront and up to $165M in potential sales-based milestones. Gavreto, marketed by Roche in certain markets outside the United States and Greater China, is a once-daily rearranged during transfection targeted therapy approved in Europe in November 2021 for the treatment of certain RET-altered non-small cell lung cancers. Additionally, Gavreto has been submitted for marketing approval for thyroid cancers in Europe with a decision expected in the second half of 2022. "We are pleased to partner with Blueprint and help advance their innovative precision therapy pipeline for the benefit of patients worldwide," said Pablo Legorreta, Royalty Pharma's founder and Chief Executive Officer. "Precision therapies continue to transform the treatment paradigm in oncology and acquiring a royalty on Gavreto aligns with our strategy of investing in differentiated therapies that address unmet medical needs. Gavreto has shown consistent outcomes with deep and durable responses across several RET-altered cancers, and we look forward to its clinical development in additional tumor types and earlier-stage patients." Blueprint was entitled to a tiered royalty of high-teens to mid-twenties on Gavreto annual sales outside the United States, excluding China, through a 2020 global collaboration with Roche. Royalty Pharma is purchasing the ex-U.S. royalty payable by Roche through its full term, which is estimated to be through 2036 to 2040.
STZ STZ.B

Hot Stocks

07:33 EDT Constellation Brands enters agreement to eliminate Class B common stock - Constellation Brands announced that following the recommendation of a special committee comprised solely of independent directors, its Board of Directors has approved, and will recommend to shareholders for approval, a proposal to eliminate the company's Class B common stock. The proposed transaction contemplates that each outstanding share of the company's Class B common stock, including those owned by the Sands Family, will be converted into the right to receive one share of Class A common stock plus cash consideration in the amount of $64.64 per share of Class B common stock, or a total amount of $1.5 billion. This represents a 26.5% premium relative to Constellation's Class A common stock closing share price as of June 29, 2022. The Company expects to realize a number of corporate governance and other benefits from the proposed reclassification, including: the elimination of the higher vote Class B common stock, including the associated voting control of the Sands Family, and a reduction in the concentration of voting power; simplification of the Company's equity capital structure to better align the voting rights and interests of all shareholders; broader appeal of its shares to a larger base of investors who prefer single voting class common stock structures; operating cost savings associated with executive salary and certain benefits, as well as administrative savings from maintaining the Class B common stock; rotation of the lead independent director position on the Board at the next available normal cycle opportunity; shift to majority voting in uncontested elections from current plurality standard for its Board of Directors and adoption of a Board anti-pledging policy. In addition, upon completion of the reclassification, Robert and Richard Sands, who currently serve as Executive Chairman of the Board and Executive Vice Chairman of the Board, respectively, will retire from their employment with Constellation Brands in their current executive capacities. Robert Sands will become Non-Executive Chairman of the Board and Richard Sands will continue on as a Board member. It is expected that the Sands Family will continue to be Constellation's largest shareholder following completion of the reclassification. Following the reclassification, the Sands Family will be subject to customary standstill provisions. This reclassification will not be put to a vote at the upcoming 2022 Annual Meeting of Shareholders. Instead, the Company will be seeking shareholder approval of the reclassification at a Special Meeting of Shareholders, to be held following effectiveness of a registration statement to be filed with the Securities and Exchange Commission. The reclassification is subject to the approval of a majority of the outstanding shares of Class A and Class B common stock, voting together as a single class, a majority of the outstanding shares of Class B common stock, and a majority of the issued and outstanding shares of Class A common stock not held by the Sands Family, executive officers of Constellation or directors that hold Class B common stock.
IMAX

Hot Stocks

07:32 EDT Imax extends current share-repurchase program through June 30, 2023 - Imax announced a 12-month extension to the company's share-repurchase program through June 30, 2023. The current share-repurchase program authorized the company to repurchase up to $200M of its common shares, of which approximately $26.2M remains available, and was set to expire on June 30.
BRTX

Hot Stocks

07:31 EDT BioRestorative announces first patient enrolled in Phase 2 trial of BRTX-100 - BioRestorative Therapies announced that the first patient has been enrolled in the Company's Phase 2 clinical trial evaluating the safety and preliminary efficacy of BRTX-100, an autologous bone marrow-derived mesenchymal stem cell targeting chronic lumbar disc disease. The clinical study is being conducted at up to 15 sites in the United States. "Announcing first patient enrollment is our most significant clinical milestone to date and an exciting milestone for BioRestorative's clinical programs overall," said Lance Alstodt, CEO of BioRestorative Therapies. "The initiation of patient enrollment in our study reinforces our commitment to treating back pain and is an important step in our efforts to provide patients with potentially improved therapeutic options to treat chronic lumbar disc disease. In addition, I am very proud of the BRTX team for its timely execution. This truly remarkable accomplishment of first patient enrolled in only 6 months from our trial initiation keeps us on schedule to meet our strategic targets." BioRestorative's Phase 2 trial is a double-blind controlled, randomized study to evaluate the safety and preliminary efficacy of a single dose intradiscal injection of the Company's autologous investigational stem cell-based therapeutic, BRTX-100.
FLYLF

Hot Stocks

07:30 EDT Flyht Aerospace announces issuance of incentive stock options - FLYHT Aerospace Solutions announced that it has granted incentive stock options for an aggregate of 300,000 common shares, subject to regulatory approval, to employees under the stock option plan approved at the Annual and Special Meeting held on May 4, 2022. The stock options are exercisable at a price of $0.64 per share. The options will vest immediately and will expire June 30, 2023. A maximum of 10% of the issued and outstanding shares are reserved under the Company's stock option plan. The options, and any common shares issued upon exercise of the stock options, are subject to a four-month resale restriction.
GMSQF

Hot Stocks

07:29 EDT Gamesquare Esports secures $5M credit facility - GameSquare Esports announces the closing of its previously announced $5.0 million revolving loan facility. The Credit Facility provides GameSquare with access to capital in addition to its current cash on hand as the Company continues its path to profitability while investing in growth and illustrates the strong support that the Company has from its largest shareholders, Goff Capital and the Jones Family, the owners of the Dallas Cowboys. The Credit Facility among GameSquare Esports. GameSquare, Code Red Esports Ltd., NextGen Tech LLC, GCN Inc. and Swingman and Goff & Jones Lending Co, an entity established by Goff Capital, Inc. and Blue & Silver Ventures, Ltd., provides for a revolving loan in the aggregate amount of up to US$5 million for a term of one year, subject to an extension. The Credit Facility may be drawn down by the Borrower, subject to the Company satisfying certain conditions precedent set out therein, including providing a first ranking security interests in the assets of the Guarantors in favour of the Lender prior to the initial advance under the Credit Facility. The Company has not drawn down on the Credit Facility. The Company issued 4,494,286 common share purchase warrants to the Lender. Each Warrant entitles the Lender to acquire one common share in the capital of the Company at an exercise price equal to C$0.14 for a two-year term expiring on June 30, 2024. The Warrants and the underlying Common Shares are subject to a hold period of four months and one day from the date of issuance pursuant to Canadian securities laws as well as applicable hold periods under U.S. securities laws. The Company agreed to issue additional Warrants with respect to any advance made under the Credit Facility which number of Warrants shall equal to the 10% of the Canadian dollar equivalent of such advance divided by the volume weighted average price of the Common Shares prior to the date of the borrowing notice plus a 20% premium to such VWAP. The exercise price on such Warrants shall be an amount equal to the applicable VWAP plus a 20% premium to such VWAP.
NMTR

Hot Stocks

07:27 EDT 9 Meters announces preliminary results from Phase 2 study of vurolenatide - 9 Meters Biopharma announced positive preliminary topline results from the VIBRANT study. its Phase 2 trial of vurolenatide, a proprietary, long-acting GLP-1 receptor agonist in development for the treatment of adult patients with short bowel syndrome. Based on positive results from this Phase 2 study and other supportive data, an end-of-Phase 2 meeting with FDA has been scheduled for mid-third quarter. The topline preliminary results are based on data from a complete randomization block and are intended to support an end-of-Phase 2 meeting. The study remains ongoing and blinded in order to collect additional safety data and potentially enable utilization of the complete results to support a future NDA submission. Results are based on the first 11 randomized patients with appropriate distribution across the four arms of the ongoing study and successfully identified the most effective and tolerable dose and dosing interval intended to progress into the planned Phase 3 study. Overall, 7 of 11 patients met the primary efficacy definition of TSO responder over the 6-week efficacy evaluation period. The arm of the study anticipated to be taken forward into Phase 3 showed a mean reduction in TSO of greater than 25%. Parenteral support volume, a secondary endpoint, was evaluated over the 6-week treatment period. Three of the five patients in the study with a parenteral support requirement, all of whom were randomly assigned to active drug, demonstrated a mean decrease in their parenteral support volume requirement over the treatment period. Vurolenatide was generally well tolerated with mild to moderate and transient side effects including nausea and vomiting, which are typical for GLP-1 agonists. There were no adverse events leading to early study withdrawal. Two serious adverse events were reported, which were deemed to be unrelated to study drug; both were central catheter infections, which are common in patients with a central line. Overall results from the study support and build upon the findings from 9 Meters' prior Phase 1b/2a trial of vurolenatide in SBS. The Company plans to communicate additional details from the study as well as plans for the Phase 3 trial following the end-of-Phase 2 meeting with FDA that is set for mid-third quarter. The Company currently anticipates initiating the VIBRANT-2 Phase 3 study as early as the fourth quarter of 2022. Plans for the study, including site identification and recruitment, are well underway.
MFGCF

Hot Stocks

07:23 EDT OTC Markets Group welcomes Mayfair Gold to OTCQX - OTC Markets Group announced Mayfair Gold has qualified to trade on the OTCQX Best Market. Mayfair Gold Corp. upgraded to OTCQX from the OTCQB Venture Market.
CERAF

Hot Stocks

07:22 EDT Ceres Acquisition announces extension, amount of redemptions - Ceres Acquisition Corp. announced that it has extended the permitted timeline to complete a qualifying transaction to December 16, 2022. The Extension was previously approved at a special meeting of the holders of Class A Restricted Voting Shares of Ceres held on June 22, 2022. Ceres' board of directors have also approved the Extension, which is effective as of June 30, 2022. In connection with the Extension, Class A Restricted Voting Shareholders were provided with the option to redeem all or a portion of their Class A Restricted Voting Shares and an aggregate of 468,997 Class A Restricted Voting Shares were deposited and not withdrawn and will accordingly be redeemed. A payment of US$10.00752 per redeemed Class A Restricted Voting Share is being made to redeeming Class A Restricted Voting Shareholders. Following the redemptions, Ceres is expected to have 853,802 Class A Restricted Voting Shares issued and outstanding and approximately US$8,554,790.59 in its escrow account.
NGD

Hot Stocks

07:21 EDT Angus Gold completes $5.8M strategic private placement - Angus Gold announced that it has closed its previously announced non-brokered private placement consisting of the sale of 5,057,000 flow-through common shares of the Company at a price of CAD$1.15 per FT Share for total gross proceeds of CAD$5,815,550. In connection with the Offering, funds managed by Delbrook Capital Advisors, acquired 4,387,000 common shares of the Company from subscribers to the Offering and now owns a total of 6,658,200 Common Shares representing 16.2% of the issued and outstanding Common Shares. New Gold exercised its participation right to maintain its pro-rata interest in the Company and purchased 600,000 Common Shares from subscribers to the Offering and now owns a total of 4,100,000 Common Shares representing 9.9% of the issued and outstanding Common Shares. The gross proceeds of the Offering will be used to fund the Company's exploration programs at the Golden Sky project in Ontario. The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act, to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Tax Act. The Company will renounce all the Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2022. Certain directors and officers of the Company subscribed to the Offering for an aggregate of 70,000 FT Shares and the participation of the Insiders in the Offering constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to section 5.5(a) and section 5.7(1)(a), as the fair market value of the Insiders' participation is not more than 25% of the Company's market capitalization.
EVAX

Hot Stocks

07:21 EDT Evaxion Biotech announces Gonorrhea as its second bacterial product target - Evaxion Biotech announced that the Company has identified Gonorrhea as its second bacterial target for treatment with the Company's EVX-B2 vaccine product candidate. As its second bacterial target, Evaxion has chosen to develop a prophylactic vaccine against Gonorrhea, a sexually transmitted disease that has quickly developed resistance to antibiotics. "We are very pleased to announce that our AI platform EDEN has demonstrated the ability to identify two promising protective antigens based on very encouraging results in the pre-clinical model. Gonorrhea represents a large unmet medical need. We believe that with this vaccine, patients will be able to produce antibodies against bacterial infection - minimizing the risk of infection," says Lars Staal Wegner, CEO.
CARA

Hot Stocks

07:20 EDT Cara Therapeutics announces results from Phase 2 trial of difelikefalin - Cara Therapeutics announced positive topline results from its Phase 2 proof-of-concept clinical trial evaluating oral difelikefalin for the treatment of moderate-to-severe pruritus in patients with notalgia paresthetica, a nerve disorder characterized by chronic pruritus of the upper to middle back. "We are pleased to have demonstrated clinical proof of concept for oral difelikefalin in the treatment of pruritus associated with notalgia paresthetica," said Joana Goncalves, M.D., Chief Medical Officer at Cara Therapeutics. "These topline results coupled with the results from our other programs support the broad development of oral difelikefalin across disease areas regardless of the underlying cause of pruritus. We look forward to completing our data analyses and discussing next steps with the U.S. Food and Drug Administration." The Phase 2 8-week study was designed to evaluate the efficacy and safety of oral difelikefalin for moderate-to-severe pruritus in approximately 120 patients with NP. Patients were randomized to oral difelikefalin 2 mg taken twice daily versus placebo for 8 weeks, followed by a 4-week active extension period. The primary efficacy endpoint was the change from baseline in the weekly mean of the daily 24-hour Worst Itch-Numeric Rating Scale score at Week 8. Other endpoints included the greater than or equal to4-point responder analysis, itch-related quality of life scores, and safety assessments. Patients treated with oral difelikefalin achieved the primary endpoint with significant improvement observed as early as Week 1 and sustained through Week 8. In addition, a statistically significantly greater proportion of patients treated with oral difelikefalin achieved a greater than or equal to4-point improvement in WI-NRS score at Week 8 vs. placebo. Oral difelikefalin was generally well tolerated with a safety profile consistent with that seen in earlier clinical trials.
BPMC RPRX

Hot Stocks

07:19 EDT Blueprint Medicines to receive $1.25B in strategic financing - Blueprint Medicines (BPMC) announced strategic financing collaborations with Sixth Street and Royalty Pharma (RPRX) for up to $1.25B, bringing significant non-dilutive, low-cost capital to drive innovation and growth. These investments by two life sciences-focused investors provide capital to expand and advance the company's pipeline towards commercialization and to continue pursuing strategic and synergistic business development opportunities. The agreement with Sixth Street has three parts: $250M cash upfront in exchange for future Ayvakit/Ayvakyt and BLU-263 royalties at a rate of 9.75% subject to an annual cap of $900M in net sales and a cumulative cap of 1.45 times invested capital; up to $400M in a senior secured credit facility, of which Blueprint Medicines will draw $150M initially with an additional $250M available in delayed draw tranches at Blueprint Medicines' election; and $260M in a potential credit facility to support buy-side business development opportunities, subject to mutual agreement between Sixth Street and Blueprint Medicines. The agreement with Royalty Pharma monetizes royalties receivable from Gavreto net sales by Roche outside of the US, not including Greater China, with $175M cash paid to Blueprint Medicines upfront and up to $165M in potential milestone payments based on future sales.
BRLXF

Hot Stocks

07:18 EDT Boralex announces commissioning of 53 MW of wind farms in France - Boralex announced the commissioning of three wind farms for a total capacity of 53 MW. Boralex has an operating capacity of 1.1 GW in France and 2.5 GW worldwide. The wind farms are located in the commune of Louville-la-Chenard, in the Eure-et-Loir department of the Centre-Val de Loire region of France. These commissionings relate to the repowering of two existing wind farms with six wind turbines each and the construction of an extension with seven turbines. The three projects were executed simultaneously and overseen by Boralex's teams. Together, they will produce approximately 138 GWh per year, sufficient to meet the energy needs of some 60,000 French households. Repowering of the Remise de Reclainville wind farm: Commissioning date: May 9, 2022; Wind turbines: 6 Nordex N117; Total capacity after repowering: 14 MW. Repowering of the Evits et Josaphat wind farm: Commissioning date: June 24, 2022; Wind turbines: 6 Nordex N117; Total capacity after repowering: 14 MW. Bois des Fontaines wind farm: Commissioning date: May 12, 2022; Wind turbines: 7 Nordex N117; Total capacity: 25 MW.
EGLX

Hot Stocks

07:18 EDT Enthusiast Gaming issued letter to shareholders - Enthusiast Gaming Holdings issued a letter to shareholders ahead of its upcoming Annual General Meeting scheduled to be held on July 19, 2022. The letter details the Company's strong growth and achievements under the current leadership. The Company is keen to move past the distraction caused by shareholder Greywood Investments. In this regard, the Company has extended an open offer to Greywood to appoint a nominee of its choosing to join the Board immediately. Additionally, and regardless of whether Greywood accepts this offer, the Company will: conduct a strategic review focused on additional opportunities for increased shareholder value; and by the Meeting, reposition Montgomery from CEO to Chair of the Board. "Dear Fellow Shareholders, Enthusiast Gaming is on a three-year winning streak and we are only getting started.... But an unknown group naming itself Greywood Investments is trying to wipe out our progress by taking control of Enthusiast with a less qualified Board of Directors and a vague plan with no stated change from the Company's existing business plan. Don't risk your investment with an unqualified team. Stop Greywood from hijacking Enthusiast's winning streak... Shareholders need a strong Board that is able to capitalize on the unique positioning of Enthusiast and that is focused on creating meaningful value instead of chasing clout and the next shiny objects. This is why we are urging you to vote only your BLUE proxy FOR Enthusiast's director nominees."
CLBT

Hot Stocks

07:17 EDT Cellebrite announces availability of Cellebrite Physcial Analyzer Ultra Series - Cellebrite announced the general availability of the Cellebrite Physical Analyzer Ultra Series. The company said, "PA Ultra Series is a revolutionary solution that further empowers investigators to uncover key pieces of case-relevant digital evidence and examine digital data more efficiently, to help secure more convictions, accelerate justice, and close cases faster. PA Ultra Series will significantly boost Cellebrite's Collection & Review offerings as part of the Digital Intelligence suite of solutions. PA Ultra Series will enable investigation teams to leverage an upgraded solution that can process a higher volume of computer, cloud, and mobile data, allow cases to be opened without the need to reparse data and support multiple cases and evidence per device with enhanced location data from a new customizable dashboard. PA Ultra will also enable data enrichment for cryptocurrency, ranging from leading blockchain data platforms to tracking transactions."
AMRZF

Hot Stocks

07:16 EDT OTC Markets Group welcomes Arena Minerals to OTCQX - OTC Markets Group announced Arena Minerals has qualified to trade on the OTCQX Best Market. Arena Minerals, Inc. upgraded to OTCQX from the OTCQB Venture Market.
TALS

Hot Stocks

07:15 EDT Talaris Therapeutics provides FREEDOM-1 Phase 3 study clinical update - Talaris Therapeutics provided a clinical update on its ongoing Phase 3 FREEDOM-1 study in living donor kidney transplant, LDKT, recipients. To date, Talaris has enrolled 22 donor-recipient pairs in the Phase 3 FREEDOM-1 study of FCR001. Seven patients have been successfully dosed at five different trial sites. All three patients who were dosed more than 12 months prior to the data cutoff date have been successfully weaned off all chronic anti-rejection drugs without evidence of rejection and with stable kidney function. All of these patients, including the first patient who is now 24 months post-transplant, continue to remain off all anti-rejection drugs. Furthermore, all patients treated with FCR001 at least three months prior to the data cutoff date have achieved and maintained T-cell chimerism levels greater than 50% at each of the 3-, 6- and 12-month timepoints post-transplant. The safety profile observed was generally consistent with that expected in patients receiving a kidney transplant and an allo-HSCT. Three cases of low-grade acute graft-versus-host disease were reported, all of which were treatment-responsive and have since resolved. One of these patients is more than 12 months post-transplant and has been successfully weaned off all anti-rejection drugs. As a result of an internal review triggered by the GvHD cases, Talaris has modified its mobilization protocol and added a second post-transplant dose of cyclophosphamide for GvHD prophylaxis. Trial enrollment continues.
GFAI

Hot Stocks

07:15 EDT Guardforce enters collaboration with Hong Kong Industrial AI, Robotics Centre - Guardforce AI announced a collaboration agreement with Hong Kong Industrial Artificial Intelligence and Robotics Centre, founded by the Hong Kong Productivity Council with RWTH Aachen Campus in Germany as its major collaborator, to work together on developing Robotics-as-a-Service solutions and artificial intelligence cloud platforms worldwide. Under the agreement, Guardforce AI will be provided access to FLAIR technology and know-how, over an initial two-year period, starting in August 2022. Guardforce AI and FLAIR plan to work together on providing customized robotics services to clients worldwide. Located at the Hong Kong Science Park, FLAIR is part of AIR@InnoHK, which is one of two world-class research clusters being established by InnoHK Clusters of the Hong Kong Special Administrative Region government, to support Hong Kong in developing into an international innovation and technology hub.
GMINF

Hot Stocks

07:13 EDT OTC Markets Group welcomes G Mining Ventures to OTCQX - OTC Markets Group announced G Mining Ventures has qualified to trade on the OTCQX Best Market. G Mining Ventures Corp. upgraded to OTCQX from the OTCQB Venture Market.
FMTX

Hot Stocks

07:12 EDT Forma Therapeutics appoints Linea Aspesi chief human resources - Forma Therapeutics announced the appointment of Linea Aspesi to SVP, chief human resources officer. Aspesi brings more than twenty-five years of human resources leadership experience in life sciences and health care services to Forma. As chief human resources officer at Saniona. Aspesi partnered with the CEO to build a diverse executive team and functions, in addition to defining and driving cultural transformational strategies to prepare the organization for commercial launch.
STZ STZ.B

Hot Stocks

07:11 EDT Constellation Brands CEO 'pleased' with 'strong start' to fiscal year - "We're pleased with our strong start to the fiscal year. Across the business we're driving consumer demand for our exceptional portfolio of premium, high-end products while executing strong financial and operational performance," said CEO Bill Newlands.
NMTR

Hot Stocks

07:10 EDT 9 Meters Biopharma gives study results of vurolenatide to treat SBS - 9 Meters Biopharma announced positive preliminary topline results from the VIBRANT study , its Phase 2 trial of vurolenatide, a proprietary, long-acting GLP-1 receptor agonist in development for the treatment of adult patients with short bowel syndrome SBS. Based on positive results from this Phase 2 study and other supportive data, an end-of-Phase 2 meeting with FDA has been scheduled for mid-third quarter.The topline preliminary results are based on data from a complete randomization block and are intended to support an end-of-Phase 2 meeting. The study remains ongoing and blinded in order to collect additional safety data and potentially enable utilization of the complete results to support a future NDA submission.Results are based on the first 11 randomized patients with appropriate distribution across the four arms of the ongoing study and successfully identified the most effective and tolerable dose and dosing interval intended to progress into the planned Phase 3 study. Overall, 7 of 11 patients met the primary efficacy definition of TSO responder over the 6-week efficacy evaluation period. The arm of the study anticipated to be taken forward into Phase 3 showed a mean reduction in TSO of greater than 25%. Parenteral support volume, a secondary endpoint, was evaluated over the 6-week treatment period. Three of the five patients in the study with a parenteral support requirement, all of whom were randomly assigned to active drug, demonstrated a mean decrease in their parenteral support volume requirement over the treatment period.
MDWD ENLV

Hot Stocks

07:10 EDT MediWound names Palash as Chief Operating Officer - MediWound (MDWD)announced the appointment of Tzvi Palash as Chief Operating Officer, COO. Palash will be responsible for leading all operational activities at MediWound. Palash joins MediWound from Enlivex (ENLV), where he leads the design and construction of the new cGMP manufacturing facility.
USEG

Hot Stocks

07:09 EDT U.S. Energy announces East Texas bolt-on asset acquisition - S. Energy announced that the Company has entered into an agreement to acquire operated oil and gas producing properties in an all-cash transaction. The Properties are located in Anderson and Henderson Counties, Texas adjacent to the Company's existing assets in the area. Acquisition Highlights: Bolt-on acquisition of low-decline, core focus properties in East Texas for $11.8M from a private party; Estimated $22.7M Proved Developed Producing PV-10 as of June 1, 2022 with estimated reserves of approximately 1.3M barrels of oil equivalent; April 2022 net production averaged 418 barrels of oil equivalent per day; Forward 1-year unhedged free cash flow expected to represent an initial purchase price transaction multiple of 1.7x.3; Approximately 16,600 net acres; Includes two pipeline gathering systems and related infrastructure. "We are pleased to announce our plans to complete our most recent acquisition which we believe will allow us to continue building scale in focus areas that we have current operations," said Ryan Smith, Chief Executive Officer of U.S. Energy, who continued, "U.S. Energy continues to add to its existing low-decline, high free cash flow production base while maintaining balance sheet strength and demonstrating the Company's ability to acquire assets at compelling valuations. The assets to be acquired are a complementary addition to our existing East Texas footprint and fit perfectly with our cash flow-based strategy. As we move into the second half of 2022, U.S. Energy will remain steadfast in our focus of consolidating high quality assets and commitment to shareholder returns."
III

Hot Stocks

07:05 EDT Information Services gets 3-year $10M digital deal by Italian government - Information Services Group announced it has been awarded a three-year $10M or EUR 9.4M agreement by the Italian government to help manage and oversee the government's digital transformation program. "This is a significant win for ISG, underscoring our strong track record of supporting digital modernization efforts for our clients," said Michael P. Connors, chairman and CEO of ISG. "We are proud to be a part of Italy's program to leverage technology to improve the accessibility and efficiency of government services for the Italian people, and to build a stronger, more resilient Italy, post-pandemic." Under the new framework contract awarded by Consip, the Italian Public Administration's central IT purchasing body, ISG will provide governance services for various digital transformation initiatives in support of Italy's "Three-Year Plan for Information Technology in the Public Administration" prepared by two government entities: AgID and MITD . ISG will work closely with AgID, Consip and MITD to govern a broad set of initiatives aimed at developing and improving Italy's digital services, including helping the Public Administration's control bodies verify the initiatives are delivering expected value in terms of digitization KPIs and achieving their targets under the three-year plan. ISG has supported the Italian public sector for more than a decade, including governing ICT contracts for the Ministry of the Interior in a relationship that dates back to 2010. The firm also has provided Consip with benchmarking services related to framework agreements for the Public Administration; analysis of cloud strategy scenarios for AgID, and contract monitoring services for INAIL.
OMGA

Hot Stocks

07:04 EDT Omega Therapeutics presents preclinical data on carcinoma candidate OTX-2002 - Omega Therapeutics presented new preclinical data on its lead product candidate, OTX-2002, to regulate expression of the c-Myc oncogene through epigenetic modulation in multiple models of hepatocellular carcinoma -HCC - in a poster presentation at the European Society of Medical Oncology 2022 World Congress on Gastrointestinal Cancer, in Barcelona, June 29 - July 2. Key findings include: in non-human primates, treatment with OTX-2002 resulted in durable reduction of MYC mRNA levels in liver consistent with previous in vitro and in vivo studies; OTX-2002 treatment decreased MYC mRNA and protein levels and cell viability in multiple HCC cell lines, while sparing normal cells; OTX-2002 significantly reduced tumor growth in HCC xenografts models; OTX-2002 treatment is associated with decreased expression of the immune checkpoint factor PD-L1 in HCC cells, suggesting a potential role for combination therapy with immune checkpoint inhibitors; combining OTX-2002 with existing standard of care therapies for HCC resulted in further reduction of cell viability and tumor burden in both in vitro and in vivo HCC models, respectively; OTX-2002 treatment demonstrated synergistic activity with AKT inhibition in HCC cells, highlighting additional possible combination approaches. An IND application for OTX-2002 for the treatment of HCC has been submitted to the FDA.
BTC...

Hot Stocks

07:03 EDT Grayscale files suit against SEC challenging denial of spot Bitcoin ETF request - Grayscale Investments announced that its Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr., filed a petition for review with the United States Court of Appeals for the District of Columbia Circuit on behalf of Grayscale - challenging the decision by the Securities and Exchange Commission to deny conversion of Grayscale Bitcoin Trust to a spot Bitcoin ETF. "Grayscale supports and believes in the SEC's mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation -- and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S. market. Through the ETF application review process, we believe American investors overwhelmingly voiced a desire to see GBTC convert to a spot Bitcoin ETF, which would unlock billions of dollars of investor capital while bringing the world's largest Bitcoin fund further into the U.S. regulatory perimeter. We will continue to leverage the full resources of the firm to advocate for our investors and the equitable regulatory treatment of Bitcoin investment vehicles," said Michael Sonnenshein, Grayscale's CEO.
CIGI

Hot Stocks

07:02 EDT Colliers International to invest in alternative investment manager - Colliers announced it has entered into a definitive agreement to acquire a significant equity interest in Versus Capital, a U.S. alternative real asset management firm with approximately $6B of assets under management. The transaction is subject to customary closing conditions and approvals and is expected to close in the fourth quarter of 2022. Financial terms of the transaction were not disclosed. Colliers will acquire a 75% ownership interest in Versus, with the balance being retained by Versus' co-founders and senior leadership team who will continue to lead the business under Colliers' perpetual partnership model that provides long-term alignment and stability for investors. All non-active shareholders will sell 100% of their interests in the firm. Jay Hennick, Chairman and Chief Executive Officer of Colliers said, "The addition of Versus demonstrates our continued focus on building scale and opportunity in our IM business. On closing of Versus and Rockwood, our investment management operations will oversee in excess of $83 billion in assets under management, of which almost $70 billion will be either perpetual or long-dated strategies, further strengthening our recurring revenues for the future."
ROCC

Hot Stocks

07:00 EDT Ranger Oil announces bolt-on acquisition of Eagle Ford assets for $110M - Ranger Oil announced additional bolt-on acquisitions of oil and gas assets in the Eagle Ford shale, bringing the total purchase price of transactions signed in the second quarter to approximately $110M, subject to customary adjustments. The combined all cash transactions are expected to be immediately accretive on all key financial metrics and are anticipated to close on or before July 5. Transactions are largely composed of additional working interests in existing Ranger-operated wells along with contiguous producing assets and undeveloped acreage. Purchase price of each transaction at a discount to management's estimated Proved Developed PV-10 value. All cash consideration maximizes accretion to shareholders, while funding through free cash flow maintains Ranger's strong balance sheet. Transactions expected to add production of approximately 1,600 barrels of oil equivalent per day, primarily associated with low-decline, legacy wells. Significant identified cost, marketing and operational synergies through efficient long lateral developments and the use of shared facilities and existing infrastructure. Ranger brought on-line a number of wells during the second quarter at initial production rates greater than 2,500 barrels of oil per day and 3,200 Boe/d including new company records exceeding 2,800 Bbls/d and 4,100 Boe/d.Given the accretive nature of the recent acquisitions and Ranger's organic performance, the company plans to initiate a redetermination of its borrowing base. Pro-forma for the transactions, Ranger anticipates exiting the second quarter producing more than 30 MBbls/d and 42 MBoe/d. Overall for the second quarter, the Company expects to produce near the high-end of the previously announced guidance range.
ROP

Hot Stocks

06:57 EDT Roper Technologies updates its reportable segments - Roper Technologies has updated its reportable segments. The three updated reportable segments are as follows: Application Software - Aderant, CBORD, CliniSys, Data Innovations, Deltek, IntelliTrans, PowerPlan, Strata, Vertafore; Network Software - ConstructConnect, DAT, Foundry, iPipeline, iTradeNetwork, Loadlink, MHA, SHP, SoftWriters; Technology Enabled Products - CIVCO Medical Solutions, FMI, Inovonics, IPA, Neptune, Northern Digital, rf IDEAS, Verathon. Beginning with Q2, the company will report its quarterly and full year financial statements under the new segment structure with prior periods recast to reflect the change. On June 1, Roper announced an agreement to sell a majority stake in its industrial businesses, including its entire historical Process Technologies reportable segment and the industrial businesses within its historical Measurement & Analytical Solutions reportable segment. Beginning in Q2, Roper plans to report the results of these businesses as discontinued operations.
PFE

Hot Stocks

06:46 EDT Pfizer submits NDA to FDA for PAXLOVID - Pfizer announced the submission of a New Drug Application to the U.S. FDA for approval of PAXLOVID for patients who are at high risk for progression to severe illness from COVID-19. PAXLOVID is currently authorized for emergency use for the treatment of mild-to-moderate COVID-19 in adults and pediatric patients with positive results of direct SARS-CoV-2 viral testing, and who are at high risk for progression to severe COVID-19, including hospitalization or death. The submission provides the longer-term follow-up data necessary for acceptance and potential approval.
SNY

Hot Stocks

06:43 EDT Sanofi reports patient enrollment of phase 3 tolebrutinib trials paused in U.S. - The U.S. Food and Drug Administration has placed Phase 3 studies of tolebrutinib in multiple sclerosis and myasthenia gravis on partial clinical hold, Sanofi announced. As a result, new enrollment in the United States is paused, and participants in the U.S. who have been in the trial for fewer than 60 days shall suspend study drug. "Importantly, U.S. participants who have completed at least 60-days in the trial should continue treatment. The FDA action was based on a limited number of cases of drug-induced liver injury that have been identified with tolebrutinib exposure in Phase 3 studies. The majority of the impacted patients were determined to have concurrent complications known historically to predispose to drug-induced liver injury. Importantly, the elevations of laboratory values used for monitoring liver injury were reversible after drug discontinuation for all cases. Following earlier dialog with FDA about these cases, study protocols were revised in May 2022 to update the monitoring frequency, and enrollment criteria were revised to exclude preexisting risk factors for hepatic dysfunction. Enrollment in the clinical program continues with the revised study protocols and enhanced safety monitoring in countries outside of the U.S. Sanofi is working closely with the independent data monitoring committee members and investigators around the world to evaluate the effectiveness of safety measures. The program in MS has been enrolling patients since 2019 and includes more than two-thousand patients currently on tolebrutinib therapy with durations of treatment as long as 3 years. Sanofi remains confident in the future of tolebrutinib as a potentially transformative oral treatment option for people living with MS," the company stated. Reference Link
GIB

Hot Stocks

06:40 EDT CGI Inc. achieves USN certification - CGI announced it has achieved UiPath Service Network, or USN, certification for its advanced robotic process automation, or RPA, capabilities.
BW

Hot Stocks

06:34 EDT Babcock & Wilcox unit awarded $15M contract for green energy project in Europe - Babcock & Wilcox announced that its newly acquired B&W Renewable Service A/S subsidiary has been awarded a contract for more than $15M to design and install a biomass-fired boiler and other combustion equipment for a green energy project in Europe. The 48-megawatt boiler is the first B&W-designed bubbling fluidized bed boiler to be installed in Europe by B&W Renewable Service and will be used to provide district heating to thousands of residents and businesses.
CDAK

Hot Stocks

06:32 EDT Codiak announces data from Phase 1 trials of exoSTING, exoIL-12 - Codiak BioSciences announced platform-validating clinical data from Phase 1 trials of exoSTING and exoIL-12 and plans to advance both candidates into Phase 2 trials. In an open-label Phase 1 trial, exoIL-12 demonstrated a differentiating favorable safety and tolerability profile, with no detectable systemic exposure of IL-12 and no treatment-related adverse events, which has not previously been reported by others with recombinant IL-12. The two patients with cutaneous T cell lymphoma who have been treated each received multiple injections of exoIL-12 and experienced tumor regressions in both injected and non-injected lesions, including a partial response in one patient. In the open-label Phase 1/2 clinical trial evaluating exoSTING as a single agent in patients with late-stage refractory solid tumors, data across all five dose cohorts showed repeat doses of exoSTING were well-tolerated, demonstrated tumor retention with no systemic exposure of the STING agonist, and in a subset of patients, tumor shrinkage was observed in injected and uninjected lesions. "We believe these positive datasets from our two lead programs provide further clinical validation of our engEx Platform and the target profile for our engineered exosome therapeutic candidates. In the studies, we were able to deliver exoSTING and exoIL-12, with repeat dosing, to the tumor with a high level of specificity, no observed systemic exposure or associated toxicity, and an enhanced therapeutic index-while demonstrating tumor shrinkage in both injected and uninjected lesions," said Douglas Williams, Ph.D., President and CEO of Codiak. "STING and IL-12 have been challenging targets that have historically been hampered by very toxic side effects, but we believe our approach may enable best-in-class therapies with favorable safety profiles. Based on these findings, we have identified a recommended Phase 2 dose for both programs. We plan to initiate a Phase 2 study of exoSTING in bladder cancer and a Phase 2 study of exoIL-12 in an expanded group of tumor types in the first quarter of 2023."
BW

Hot Stocks

06:32 EDT Babcock & Wilcox awarded cooling technology contract for South American mill - Babcock & Wilcox's B&W Environmental segment has been awarded a contract for more than $5M to design and supply highly efficient SPIG cooling towers for a pulp mill in South America. B&W Environmental will provide a total of 18 cooling cells for three towers. SPIG technologies can be designed for a range of project requirements such as high seismic and wind loads, vibration control, corrosion resistance, low-noise emission, sub-freezing operation, and seawater applications.
AZN

Hot Stocks

06:20 EDT AstraZeneca reports 'positive' results from interim analysis of the AEGEAN trial - AstraZeneca reports "positive" high-level results from a planned interim analysis of the AEGEAN Phase 3 trial showed treatment with AstraZeneca's Imfinzi in combination with neoadjuvant chemotherapy before surgery demonstrated a statistically significant and meaningful improvement in pathologic complete response, or pCR, compared to neoadjuvant chemotherapy alone for patients with resectable non-small cell lung cancer, or NSCLC. A statistically significant improvement in major pathologic response was also observed. The trial will continue as planned to assess the additional primary endpoint of event-free survival, or EFS, to which the company, investigators and participants remain blinded. The safety and tolerability of adding Imfinzi to neoadjuvant chemotherapy was consistent with the known profile for this combination and did not decrease the number of patients able to undergo successful surgery versus chemotherapy alone. These pCR data will be shared with global health authorities and presented at a forthcoming medical meeting when EFS results are available. Susan Galbraith, Executive Vice President, Oncology R&D, said: ''Treating resectable lung cancer early provides the best chance for a cure, yet lung cancer will still recur within five years for the majority of patients despite chemotherapy and successful surgery. Engaging the immune response with Imfinzi both before and after surgery is an exciting new strategy, and we hope these early findings from AEGEAN will lead to improved survival for lung cancer patients in this potentially curative setting."
NVS BGNE

Hot Stocks

06:17 EDT Novartis says data show tislelizumab significantly extended median OS in ESCC - Novartis (NVS) announced results from the Phase 3 RATIONALE 306 trial showing tislelizumab plus chemotherapy significantly improved overall survival, or OS, as a first-line treatment for adult patients with unresectable, locally advanced or metastatic esophageal squamous cell carcinoma, or ESCC, regardless of PD-L1 status. Tislelizumab plus chemotherapy demonstrated a median OS of 17.2 months versus 10.6 months in patients receiving chemotherapy plus placebo and reduced the risk of death by 34%. In collaboration with BeiGene (BGNE), these data were presented today during a late-breaking oral session at the 2022 European Society for Medical Oncology, or ESMO, World Congress on Gastrointestinal Cancer, the company noted.
AYI

Hot Stocks

06:03 EDT Acuity Brands reports net cash from operating activities $165.7M - Net cash from operating activities was $165.7M, a decrease of $150.5M, or 47.6%, in the first nine months of fiscal 2022, compared to the same period in fiscal 2021. During the first nine months of fiscal 2022, the company repurchased 2.3M shares of common stock for a total of $405M.
UTSI

Hot Stocks

06:03 EDT UTStarcom wins platform services RFP from China Telecom - UTStarcom was selected as the exclusive winner of the RFP "The Procurement of New Line Card Hardware Design Service for STN A3 White-box Router Platform" from the Guangdong Research Institute of China Telecom, an innovative professional technology research institution of China Telecom, one of the major telecom network operators in China. This project is a natural milestone in the ongoing collaboration between the companies to develop a "white-box" disaggregated router platform optimized for use in 5G transport networks. The scope of the current project intends to expand capabilities of the platform, including design of 3 new line cards for use with the white-box router platform jointly developed earlier:
OG

Hot Stocks

06:02 EDT Onion Global announces $10M private share repurchase - Onion Global announced that to boost shareholders' confidence, it has entered into a private share repurchase agreement with a third party investor on a privately negotiated basis. Under the terms of the private share repurchase agreement, the company shall purchase and acquire 2,068,900 American depositary shares representing 206,890 Class A ordinary shares from the selling shareholder. The aggregate purchase price of the repurchase is $10M.
FTRP

Hot Stocks

05:31 EDT Field Trip Health provides update on corporate reorganization - Post quarter end, Field Trip announced the completion of its previously announced strategic review and the intention to complete a reorganization that will separate the Field Trip Discovery and Field Trip Health Divisions into two independent public companies. The reorganization will be completed by way of a plan of arrangement. Field Trip Discovery will be renamed Reunion Neuroscience and continue to focus on the research and development of novel psychedelic molecules such as FT-104. Field Trip Health will be renamed Field Trip Health & Wellness and will continue its focus on developing proprietary psychedelic-assisted therapies, or PAT, through innovation in therapeutic protocols, with a view of achieving the best patient outcomes in the treatment of mental health and mood disorders. Pursuant to the terms of the arrangement, each share of the company will be exchanged for one common share of Reunion and approximately 0.86 common shares of Field Trip H&W. Following the completion of the arrangement, Reunion will remain listed on Nasdaq and Field Trip H&W, subject to exchange approval, will list on the TSX Venture Exchange. Concurrent with closing of the arrangement, Field Trip H&W is expected to complete a series of private placement financings for gross proceeds of $20M, led by Oasis Management Company and Field Trip. On June 29, the company received final court approval for the spinout transaction by way of the arrangement. The closing of the Arrangement remains subject to regulatory approvals, including conditional listing approval by the TSX Venture Exchange. It is expected that the closing of the arrangement will occur on or around August. The company's management team and the board believe that the separation of the two business divisions will establish two independent businesses in their respective areas in the psychedelics sector and ultimately result in maximized long-term value for the company's shareholders.
ESLT

Hot Stocks

05:19 EDT Elbit Systems awarded $548M contract to supply networked warfare capabilities - Elbit Systems announced that it was awarded a contract valued at $548M to supply military-wide multi-domain combat networked warfare capabilities to the Armed Forces of a country in Asia-Pacific. The contract will be performed over a four-year period. Under the contract, Elbit Systems will provide an integrated solution comprising of the Elbit Tiger-X networking middleware; a Torch-X based suite of airborne, land and ship-borne Command and Control applications; as well as advanced waveforms and a wide range of E-LynX Software Defined Radio, or SDR, systems including airborne, vehicular, handheld, and shipborne configurations. The program will include extensive co-development efforts and transfer of know-how. These comprehensive combat networked capabilities are intended to improve operational effectiveness, decision making and interoperability across all domains of operation, platforms and systems. Elbit Systems is engaged in networked warfare programs in several countries, among them Switzerland, Israel, the UK, Sweden, Canada and others.
BRAG

Hot Stocks

05:17 EDT Bragg Gaming extends distribution agreement with Kalamba Games - Kalamba Games and Bragg Gaming announced an extension of their existing agreement pursuant to which Kalamba will now distribute a selection of its slots on Bragg's Remote Game Server, or RGS, into regulated markets in the U.S., as well as in Ontario, Canada. Kalamba and Bragg's Oryx Gaming originally partnered in 2017 through an agreement which resulted in Kalamba launching its iGaming content on the Oryx RGS in multiple global markets. Kalamba is one of a select number of content development studios with whom Bragg has extended its strategic content licensing deal for distribution in the U.S., covering a selection of games already distributed exclusively via its Oryx Hub delivery platform in Europe.
TSE

Hot Stocks

05:14 EDT Trinseo, GMP announce intention to establish Netherlands recycling plant - Trinseo and GMP Group announced jointly their intended concerted efforts in further unlocking the circularity of polystyrene, or PS. Trinseo and GMP's collaboration aims at providing a framework for cooperation, on an exclusive basis, the construction and operation by GMP of an advanced pretreatment or regeneration plant with a minimum 25kt capacity in the Netherlands. The plant will purify PS waste and deliver high-quality recycled PS pellets via the Super Clean recycling process. The anticipated startup date of the plant in the Netherlands is 2024. There is also an intended execution of a long-term tolling and off-taking agreement. The intended collaboration will see the two companies conduct research into other supply and processing opportunities, utilizing their combined technology expertise to help develop more sustainable solutions.
BGNE

Hot Stocks

05:11 EDT BeiGene announces new data from RATIONALE 306 trial - BeiGene announced new data from RATIONALE 306, a global Phase 3 trial evaluating tislelizumab plus chemotherapy in adult patients with advanced or metastatic esophageal squamous cell carcinoma, or ESCC, without prior systemic treatment for advanced disease. Study results presented today as a late-breaking oral presentation at the 2022 European Society for Medical Oncology, or ESMO, World Congress on Gastrointestinal Cancer showed a statistically significant and clinically meaningful improvement in overall survival, or OS, for patients receiving tislelizumab in combination with chemotherapy with a median OS of 17.2 months versus 10.6 months for those receiving chemotherapy plus placebo. The combination of tislelizumab with chemotherapy reduced the risk of death by 34% compared to chemotherapy plus placebo. The OS benefit for tislelizumab plus chemotherapy was observed regardless of baseline PD-L1 expression. The median OS for patients with PD-L1 score greater than or equal to10% was 16.6 months in the tislelizumab plus chemotherapy group versus 10 months for patients receiving chemotherapy plus placebo. Analysis of patients with a PD-L1 score less than10% showed a median OS of 16.7 months for tislelizumab plus chemotherapy versus 10.4 months; for chemotherapy plus placebo. This survival benefit was consistent across all other pre-specified subgroups, including race, region, and choice of chemotherapy. Progression-free survival was significantly improved for the tislelizumab plus chemotherapy group compared to chemotherapy alone. Additional benefit in overall response, or ORR, was seen with tislelizumab and chemotherapy compared to chemotherapy and the median duration of response was 7.1 months for tislelizumab plus chemotherapy versus 5.7 months chemotherapy alone. The incidence of treatment-related adverse events, or TRAEs, was similar in both arms; the most commonly reported TRAEs were anemia, decreased neutrophil count, decreased white blood cell count, decreased appetite, nausea and peripheral sensory neuropathy. Tislelizumab is currently under review by the FDA and the European Medicines Agency, or EMA, for advanced or metastatic ESCC after prior chemotherapy. The EMA is also reviewing tislelizumab for advanced or metastatic non-small cell lung cancer, or NSCLC, after prior chemotherapy, and in combination with chemotherapy for previously untreated advanced or metastatic NSCLC. In January, BeiGene announced a collaboration with Novartis to accelerate the clinical development and marketing of tislelizumab in North America, Europe, and Japan. Tislelizumab is approved by the China National Medical Products Administration as a treatment for nine indications, including a recent approval for use in patients with locally advanced or metastatic ESCC who have disease progression or are intolerant to first-line standard chemotherapy. Tislelizumab is not approved for use outside of China.
PSFE

Hot Stocks

05:04 EDT Paysafe partners with BetSaracen to enter Arkansas iGaming market - Paysafe announced its entry into the Arkansas mobile sports-betting market through a partnership with BetSaracen, the sportsbook app from Saracen Casino Resort in Pine Bluff, Arkansas, which is owned by the Quapaw Tribe, based in Oklahoma. The partnership's first phase sees BetSaracen integrate Paysafe's Skrill USA digital wallet to enable players to make frictionless deposits and payouts.