Stockwinners Market Radar for November 28, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SBUX

Hot Stocks

19:05 EST Starbucks exec Conway sells 15,320 common shares - In a regulatory filing, Starbucks International group president Michael Aaron Conway disclosed the sale of 15,320 common shares of the company on November 23 at a price of $99.139 per share.
DRRX

Hot Stocks

18:49 EST Durect announces 1-for-10 reverse stock split - Durect Corporation announced that DURECT's board of directors today determined that the Company will effect a reverse stock split at a ratio of 1-for-10 as of 5:01 p.m. Eastern Time on December 5, 2022. Beginning with the opening of trading on December 6, 2022, the Company's common stock will trade on a split-adjusted basis. At a Special Meeting of Stockholders held on November 22, 2022, DURECT stockholders voted to approve a proposal authorizing the board of directors of the Company to amend the Company's certificate of incorporation to effect a reverse stock split of DURECT's outstanding common shares at an exchange ratio of not less than 1-for-10 and not greater than 1-for-20, and a reduction in the number of authorized shares of common stock from 600,000,000 to 150,000,000 shares. The reduction in the authorized number of shares will also be effective as of 5:00 p.m. Eastern Time on December 5, 2022.
FFIE

Hot Stocks

18:29 EST Faraday Future names Xuefeng Chen global CEO - Faraday Future Intelligent Electric announced that the FFIE Board of Directors has appointed FF China CEO Xuefeng Chen as Global CEO of Faraday Future, effective immediately. Chen replaces Carsten Breitfeld, who was removed as Global CEO by the FFIE Board of Directors following a comprehensive evaluation of the Company's performance since it went public in July 2021. Pursuant to the Company's Corporate Governance Guidelines, management directors are required to tender their resignation from the Board upon their removal as an officer of the Company. The Board has requested that Mr. Breitfeld tender his resignation from the Board in accordance with such Corporate Governance Guidelines. As Global CEO, Chen is tasked with delivering the FF 91 Futurist to market, delivering on the promise made to FF stockholders, investors, global partners, users and employees. "I believe the decision to appoint XF at this critical juncture of the Company is a timely and correct one," said FFIE Chairman of the Board of Directors Adam He. "XF is a top talent in the global automotive industry and possesses both a global perspective and extensive hands-on experience across the global automotive industrial chain. His years of experience at Ford and Jaguar Land Rover will pave a solid foundation for his leadership of Faraday Future's global team. The Company's top priority right now is to deliver the FF 91 Futurist to our users with high quality and minimal cost, and to successfully realize the US-China dual home market strategy with the ultimate goal to maximize Faraday Future stockholder interest," added He.
SI

Hot Stocks

17:55 EST Silvergate Capital says BlockFi deposit relationship limited to less than $20M - Silvergate Capital announced a business update, citing that its deposit relationship with BlockFi Inc. is limited to less than $20M of its total deposits from all digital asset customers as of November 28, 2022. BlockFi is not a custodian for Silvergate's bitcoin-collateralized SEN Leverage loans, which to date have continued to perform as expected with zero losses and no forced liquidations. Silvergate has no investments in BlockFi. ilvergate maintains a first priority lien and security interest in a cash collateral account, which contains $10Mfor the benefit of Silvergate to support ACH services provided to BlockFi. "As the digital asset industry continues to transform, I want to reiterate that Silvergate's platform was purpose-built to manage stress and volatility," said Alan Lane, Chief Executive Officer of Silvergate. "The SEN continues to operate as designed, and our support teams are available 24 hours a day, 7 days a week to help our customers during this period of adversity."
GE

Hot Stocks

17:53 EST GE Healthcare, MediView partner over AR solutions for medical imaging - GE Healthcare and MediView XR announced their collaboration to integrate medical imaging into mixed reality solutions through the development of the OmnifyXR Interventional Suite System. MediView's current technology platform leverages spatial computing and mixed reality, united with medical imaging in combining augmented reality visualization, seamless remote collaboration and evidence-based clinical insights. "We are thrilled to advance our strategic collaboration with GE Healthcare by co-developing and creating the interventional suite of the future - one that is designed to improve ergonomics, with natural interactions for optimized workflow and facilitates care team collaboration. The physician is empowered to simultaneously interface with virtual monitors, holographic 3D anatomy, and remotely collaborate with colleagues around the world," said Mina Fahim, President and CEO of MediView. "Utilizing GE Healthcare's exceptional imaging and MediView's expertise in real-time augmented reality visualization and navigation, we're proud to together launch one of the largest deployments of augmented reality in healthcare to-date and grow clinical adoption of innovative extended reality solutions." GE Healthcare and MediView will co-market the solution and will explore opportunities for joint go-to-market efforts, with an initial market launch in the US and global expansion planned for the future.
PBF NUS

Hot Stocks

17:21 EST PBF Energy to replace Nu Skin in the S&P 400 at open on 12/1 - S&P SmallCap 600 constituent PBF Energy (PBF) will replace Nu Skin Enterprises (NUS) in the S&P MidCap 400, and Nu Skin Enterprises will replace PBF Energy in the S&P SmallCap 600. PBF is more representative of the mid-cap market space, and Nu Skin is more representative of the small-cap market space.
SABR FBC

Hot Stocks

17:20 EST Sabre to replace Flagstar Bancorp in the S&P 600 at open on 12/1 - Nexstar Media Group (NXST) will replace Sabre Corp. (SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp (FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp (NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space.
NXST SABR

Hot Stocks

17:19 EST Nexstar to replace Sabre in the S&P 400 at open on 12/1 - Nexstar Media Group (NXST) will replace Sabre Corp. (SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp (FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp (NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space.
RTX

Hot Stocks

17:17 EST Raytheon Technologies awarded $397.68M Navy contract modification - Raytheon was awarded a $397.68M firm-fixed-price modification to a previously awarded contract to exercise options for FY23 guided missile assemblies, shipping containers, and spare parts in support of the FY21-FY23 Evolved Seasparrow Missile Block 2 full-rate production requirements. Work is expected to be completed by March 2027. FY23 other customer funds in the amount of $214.45M; FY23 weapon procurement funds in the amount of $163.32M; FY20 other customer funds in the amount of $8.75M; FY21 other customer funds in the amount of $7.23M; FY19 other customer funds in the amount of $1.31M; FY22 other customer funds in the amount of $1.25M; FY22 weapons procurement funds in the amount of $824.92M and FY21 weapons procurement funds in the amount of $538,000, will be obligated at time of award and $538,000 will expire at the end of the current fiscal year. The Naval Sea Systems Command is the contracting activity.
CNI

Hot Stocks

17:04 EST Canadian National appoints Edmond Harris COO - CN announced the appointment of Edmond Harris as executive VP and COO. Harris succeeds Rob Reilly, effective immediately. Since April 2022, Harris, a highly respected industry veteran, has worked closely with the entire CN operations leadership team on the company's operational and service excellence initiatives, as the team delivered meaningful rail operations performance and customer service improvements. Prior to joining CN in a consulting capacity earlier this year, Harris served as executive VP, Operations, at CSX from 2018 to 2020. He also previously served as COO of Canadian Pacific Railway from 2010 to 2012.
ICHR

Hot Stocks

17:00 EST Ichor Holdings names Bruce Ragsdale COO - Ichor Holdings announced the appointment of Bruce Ragsdale as the company's new chief operating officer, effective December 12, 2022. Ragsdale will be responsible for overseeing Ichor's global operations and supply chain. "We are very pleased to welcome Bruce Ragsdale to Ichor as our new COO," said Jeff Andreson, CEO. "Bruce brings nearly 30 years of manufacturing, engineering, and supply chain experience in the semiconductor capital equipment industry. He has a stellar track record of operational excellence at both Applied Materials and ASM International, and has a wealth of experience around the globe that will enable him to make valuable contributions toward the execution of our operational and financial objectives." Ragsdale most recently served as vice president, supply chain sourcing at Intel Corporation.
TTEK

Hot Stocks

16:56 EST Tetra Tech exec Argus sells 4,115 common shares - In a regulatory filing, Tetra Tech senior VP Roger Argus disclosed the sale of 4,115 common shares of the company on November 23 at a price of $153.672 per share.
CNSP

Hot Stocks

16:55 EST CNS Pharmaceuticals announces 1-for-30 reverse stock split - CNS Pharmaceuticals announced a 1-for-30 reverse split of its common stock, effective at 4:01 PM ET Monday. Beginning on November 29, 2022, the company's common stock will continue to trade on The Nasdaq Capital Market on a split adjusted basis under the trading symbol "CNSP", but will trade under the following new CUSIP number: 18978H201. The reverse stock split was approved by CNS Pharmaceuticals' stockholders at the 2022 annual meeting of stockholders. The reverse stock split is primarily intended to increase the company's per share trading price and bring the Company into compliance with the Nasdaq's listing requirement regarding minimum share price.
PACW

Hot Stocks

16:37 EST PacWest Bancorp CEO Wagner sells 66,659 common shares - In a regulatory filing, PacWest Bancorp CEO Matthew Wagner disclosed the sale of 66,659 common shares of the company on November 25 at a price of $26.2368 per share.
AMR

Hot Stocks

16:36 EST Alpha Metallurgical sees FY23 total shipments 16.7M-18.4M tons - Alpha Metallurgical announced its operational guidance for the 2023 calendar year. The FY23 guidance introduced by the company includes an increase in shipments from 2022 levels, with 15M to 16M metallurgical tons expected to account for the majority of the company's total shipments of 16.7M to 18.4M tons. In terms of expected cost of coal sales, Alpha is guiding to a range of $106.00 to $112.00 per ton in the Met segment and a range of $87.00 to $93.00 per ton in the All Other category. These ranges reflect an expectation of continued inflationary pressure through the 2023 calendar year, most notably in the areas of labor and supplies. The company is issuing guidance for selling, general and administrative costs in a range of $59 million to $65 million for 2023, excluding non-recurring expenses and non-cash stock compensation. Idle operations expense is expected to be between $21 million and $31 million. Cash interest expense is projected in a range of $2 million to $10 million, and depreciation, depletion and amortization are anticipated to be between $115 million to $135 million. Capital expenditures are expected to be between $250 million and $280 million for the full year, which includes some carryover from 2022, sustaining maintenance capital, and several planned projects to invest in mine development, equipment, and portfolio enhancements. The company expects a tax rate of between 15% to 20% for 2023. "As we continue working hard to safely wrap up a record-setting year of accomplishments, we are also looking forward to 2023 and what lies ahead for Alpha," said David Stetson, chair and chief executive officer. "I couldn't be prouder of our team's 2022 performance, which includes paying off our term-loan debt and capitalizing on market opportunities that allowed Alpha to set and subsequently break a new Adjusted EBITDA record in back-to-back quarters. Additionally, the company has returned over $500 million to shareholders through share repurchases and dividends. While market conditions unquestionably facilitated these achievements, our performance was also underpinned by focused decision-making and a commitment to strengthening the long-term health of the company. We expect 2023 to be a continuation of these efforts as we step up our production expectations and continue investing in our future success. As we mentioned in our most recent earnings call, we have experienced some challenges in obtaining the specialized contract labor and supplies for some of the projects that were included in 2022's capital expenditures budget," Eidson said. "Therefore, we are building in roughly $33.5 million of carryover capex to the coming year's guidance. We anticipate that our sustaining, or maintenance, capital needs will be just under $10.00 per ton for 2023, which, at the midpoint of our shipment guidance, equates to approximately $170 million for the year, which includes both supplemental and technologically advanced safety equipment. The balance of our projected capital spending in 2023 will be for development projects. These projects include development of new mines and enhancements to some of our existing properties to support our broader production and shipment goals for the upcoming year. We are excited about the opportunity to make meaningful investments that are expected to further strengthen the safety and longevity of the Alpha portfolio for many years to come."
VS

Hot Stocks

16:32 EST Versus Systems regains compliance with Nasdaq minimum bid price requirement - Versus Systems announced that it has received notice from The Nasdaq Stock Market LLC on November 23, 2022 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. On June 14, 2022, Versus received notice from Nasdaq that the company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. The company conducted a 1-for-15 reverse split of its common shares on November 8, 2022, to aid the compliance process. To regain compliance with the Rule, the company's common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. This requirement was met on November 22, 2022.
MTN

Hot Stocks

16:30 EST Vail Resorts names Angela Korch CFO - Vail Resorts announced the appointment of Angela Korch as Executive Vice President and Chief Financial Officer, effective Dec. 22, 2022. Angela rejoins Vail Resorts from CorePower Yoga, where she served as Chief Financial Officer since May 2020, after previously spending more than a decade in successive leadership roles within Vail Resorts' finance organization, working closely with the company's current CFO, Michael Barkin. "We are pleased to welcome Angela back to Vail Resorts as our new CFO," said Chief Executive Officer of Vail Resorts, Kirsten Lynch. "Angela is a strong leader with deep experience in our industry, a passion for our sport, and a long history with our company." Korch will replace Barkin, who announced his resignation in July 2022 to pursue personal opportunities. Barkin has remained in role to support the transition to his successor. His last day will be Jan. 1, 2023.
RADA DRS

Hot Stocks

16:30 EST Leonardo DRS announces closing of merger with RADA - Leonardo DRS announced the successful completion of the all-stock merger between Leonardo DRS and RADA Electronic Industries (RADA) to become a combined public company. As previously disclosed, RADA shareholders will retain 19.5% ownership in the combined company with Leonardo DRS's parent company, Leonardo S.p.A., owning the remaining 80.5%. Leonardo DRS's stock will be listed on NASDAQ and the Tel Aviv Stock Exchange under the symbol "DRS" with RADA's existing stock symbol converting to the Leonardo DRS symbol effective at the opening of NASDAQ trading on November 29 and TASE trading on November 30. "The combined company will be aligned to fast growing segments of the U.S. Department of Defense budget with market leading positions in advanced sensing, force protection, network computing, and electric power & propulsion. Further, the combined company's mid-tier position provides meaningful scale coupled with agility to respond to customer needs with affordable and differentiated solutions. Pro forma revenue and Adjusted EBITDA in 2021 for the combined company was approximately $2.7 billion and $305 million, respectively," Leonardo DRS stated. William Lynn III, Chairman and CEO of Leonardo DRS, added: "Leonardo DRS's broad exposure to fast growing segments in the defense market and market leading positions in advanced sensing, force protection, network computing and electric power & propulsion make us a unique defense contractor with a compelling growth outlook, margin expansion capabilities and a largely unlevered balance sheet."
SHEL

Hot Stocks

16:29 EST Shell to acquire RNG producer Nature Energy for nearly $2B - Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S for nearly $2B. The acquisition will be absorbed within Shell's current capital range, which remains unchanged. Based in Denmark, Nature Energy is a producer of Renewable Natural Gas from agricultural, industrial, and household wastes. By purchasing the shares in Nature Energy, Shell will acquire the largest RNG producer in Europe, its portfolio of cash generative operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and operation of innovative and differentiated RNG plant technology. The transaction is subject to regulatory approvals and is expected to close in Q1 2023. Nature Energy is cash generative, and the acquisition is expected to be both accretive to Shell's earnings from completion and deliver double digit returns.
TMCI

Hot Stocks

16:23 EST Treace Medical announces bunion treatment SpeedPlate gets 510k clearance - Treace Medical Concepts announced that its SpeedPlate Rapid Compression Implant System has received 510(k) clearance from the FDA to be used for fracture fixation, osteotomy fixation, and joint arthrodesis of the foot and ankle. The SpeedPlate System was designed for rapid delivery of titanium compression implants, serving as enabling fixation technology with Treace's new Micro-Lapiplasty instrumentation which allows the patented Lapiplasty procedure to be performed through small, 2cm incisions. The SpeedPlate implant platform also serves as a versatile addition to the Company's fixation portfolio, with broad compatibility with conventional Lapiplasty , Lapiplasty Mini-Incision and Adductoplasty procedures/systems. "We are pleased to announce 510(k) clearance of our SpeedPlate(TM) technology. SpeedPlate represents an exciting new fixation platform for Treace as we continue to invest in targeted R&D efforts aimed at making our Lapiplasty therapy less invasive, faster, and easier for surgeons to perform, reinforcing our mission to improve surgical outcomes for bunion patients and advance Lapiplasty as the standard of care," said John T. Treace, CEO, Founder, and Board Member. "As with any procedure involving smaller incisions and less tissue dissection, we believe our Micro-Lapiplasty SpeedPlate offering may translate to even faster patient recovery with less pain and swelling."
IVA

Hot Stocks

16:15 EST Inventiva granted patent for lanifibranor by USPTO - Inventiva announced that the United States Patent and Trademark Office, or USPTO, granted a patent that protects the use of lanifibranor for the treatment of cirrhotic patients at risk of progressing from compensated stage to decompensated stage. This patent will expire on November 8, 2039. The company said, "This new patent further strengthens Inventiva's patent portfolio for lanifibranor, the company's lead product candidate, in the United States, which already comprised patents protecting the use of lanifibranor to treat several diseases including non-alcoholic steatohepatitis and fibrotic diseases. This patent further expands the intellectual property protection of lanifibranor in the United States for use in patients with cirrhotic NASH."
ENFN

Hot Stocks

16:10 EST Enfusion CFO Dorton resigns - Enfusion announced that Stephen Dorton has resigned from his position as Chief Financial Officer, effective January 6, 2023, in order to pursue another career opportunity, and not due to any disagreement with Enfusion's operations, policies or practices. "On behalf of everyone at Enfusion, I would like to thank Steve for his contributions during his tenure as CFO, a time during which the company has undergone breathtaking growth and transformation," said Oleg Movchan, Interim Chief Executive Officer and a member of the Board of Directors. "Steve will stay on through the remainder of the fiscal year to ensure a smooth transition. He leaves behind strong accounting, financial planning, and financial control teams that are well-positioned to support and evolve all related capabilities moving forward. We wish Steve success in his future endeavors." Movchan also noted that, as part of its succession planning strategy, Enfusion maintains relationships with a number of executive search firms. He indicated that the Board of Directors had initiated discussions with several qualified CFO candidates and would conduct a search until such time as a new CFO is appointed.
RCAT

Hot Stocks

16:08 EST Red Cat enters stock purchase agreement to divest consumer business - Red Cat announced that it has entered into a stock purchase agreement with Unusual Machines for the purchase and sale of its consumer division consisting of Rotor Riot and Fat Shark Holdings, the company's recreational and hobbyist drones and first-person-view goggles subsidiaries. The SPA followed an internal review of the company's military and enterprise opportunities to focus the company's efforts on its Made in America Class 1 ISR Drone development program and the Company's Golden Eagle I, Golden Eagle II, Four Ship, and swarm software under development. Under terms of the stock purchase agreement, or SPA, and upon satisfaction of the requisite closing conditions, including shareholder approval, Unusual Machines will purchase Rotor Riot and Fat Shark Holdings from Red Cat for $18M in cash and securities of Unusual Machines. The purchase price will consist of $5M in cash, $2.5M in a convertible senior note of Unusual Machines, and $10.5M in Series A convertible preferred stock of Unusual, payable at closing. Both the convertible senior note and convertible preferred stock of Unusual Machines will be convertible into shares of Unusual Machines. In addition, closing of the SPA is subject to successful completion of an initial public offering by Unusual Machines in the minimum amount of $15M and approval by Nasdaq of listing of Unusual Machine's common stock.
BIGC

Hot Stocks

16:08 EST BigCommerce says merchants saw 31% GMV increase on Black Friday - BigCommerce reported its merchants experienced significant increases in sales on Thanksgiving Day and Black Friday compared to last year and outpaced overall retail performance during the critical start of Cyber Week. On Black Friday, BigCommerce merchant gross merchandise value (GMV) increased 31%, bolstered by a 25% increase in total orders and a 4.5% increase in AOV, compared to Black Friday 2021. Overall U.S. sales on Black Friday were up 1.4% over 2021, according to Adobe Analytics. On Thanksgiving, GMV for BigCommerce stores was up 23% with total orders increasing 22% compared to Thanksgiving 2021. The average order value (AOV) was nearly 1% higher over last year. More broadly, U.S. sales on Thanksgiving were up 2.9% year-over-year, according to Adobe Analytics, setting a record of $5.3 billion. Globally, Thanksgiving sales increased 1% to $31 billion, according to data from Salesforce. The National Retail Federation (NRF) projects U.S. holiday sales to grow 6-8% year-over-year, compared to the 13.5% growth seen in 2021.
KALA

Hot Stocks

16:06 EST Kala announces submission of IND for KPI-012 for PCED treatment - Kala Pharmaceuticals announced the submission of an investigational new drug IND application to the U.S. Food and Drug Administration for KPI-012 for the treatment of Persistent Corneal Epithelial Defect . Subject to acceptance of the IND by the FDA, Kala remains on-track to initiate a Phase 2b clinical trial of KPI-012 for PCED in the fourth quarter of 2022. Topline safety and efficacy data from the trial is expected in the first quarter of 2024. If positive, this trial could serve as the first of two pivotal trials needed to support the submission of a Biologics License Agreement (BLA) to the FDA. Following acceptance of the IND for KPI-012 by the FDA, Kala will receive the second tranche from the private placement of securities announced earlier today which, together with current cash on hand, Kala expects will extend its projected cash runway into the first quarter of 2025. "We are pleased to announce the submission of the IND for PCED, which brings us an important step closer to our goal of delivering the promise of mesenchymal stem cell secretome based therapies to address severe ocular diseases," said Mark Iwicki, Chief Executive Officer and Chairman of Kala Pharmaceuticals. "This accomplishment is well timed with the investment commitment announced earlier today from a life sciences-focused investor, which reflects a belief in the power of our MSC-S platform to address significant unmet needs across a range of rare ophthalmic diseases and, in particular, the potential for KPI-012 to become the first approved prescription therapy indicated for PCED patients with a broad range of underlying etiologies. We look forward to initiating this trial before year end."
USNA

Hot Stocks

16:05 EST Usana acquires Rise Bar and Oola, terms not disclosed - USANA Health Sciences announced the acquisition of two companies-Rise Bar and Oola. These emerging companies share USANA's health and wellness focus while offering distinct channels or products. Rise Bar manufactures and sells high-quality protein bars that are formulated to help customers achieve their health goals through clean and simple ingredients. Oola is an emerging direct selling company that offers a personal development framework that helps individuals create a life of balance, growth, and purpose. Although Rise Bar and Oola will continue to operate and grow independently, USANA plans to leverage the knowledge, experience, and technology of these companies to advance USANA's core business. Likewise, USANA will utilize its assets and resources to facilitate growth for Rise Bar and Oola. "The acquisition of these emerging companies is part of USANA's long-term growth strategy," said Kevin Guest, Chief Executive Officer and Chairman of the Board. "We are committed to improving the health and wellness of individuals around the world. While USANA is a leader in many aspects, we recognize that we can accelerate this effort and reach more individuals through strategic acquisitions that align with our corporate values and mission."
AMZN

Hot Stocks

15:57 EST Judge orders Amazon to cease firing staff for protected activities - The National Labor Relations Board said that on November 18, 2022, Judge Diane Gujarati of the United States District Court for the District of Eastern New York issued a Section 10(j) injunction against Amazon.com Services LLC directing Amazon to cease and desist from discharging employees, and from engaging in any like or related conduct, in retaliation for employees engaging in protected activities. The injunction also directs Amazon to post, distribute, and read the Court's order to employees at the Employer's Staten Island facility. The injunction was issued based on a petition for Section 10(j) injunctive relief filed by Kathy Drew King, former Regional Director of Region 29 of the NLRB. Section 10(j) of the National Labor Relations Act authorizes the NLRB to seek injunctions against employers and unions in federal district courts to ensure that employees' rights will be adequately protected from remedial failure due to the passage of time. The petition alleged that Amazon unlawfully fired an employee at JFK8 for advocating, with his co-workers, for workplace health and safety protections in light of the COVID-19 pandemic and by protesting with his co-workers Amazon's failure to provide greater safety protections to employees. While the injunction does not order interim reinstatement of the employee at this time, it does order Amazon to cease and desist from further discharging any employees for protected activities under the NLRA, or in any like or related manner interfering with, restraining, or coercing employees in the exercise of the rights guaranteed to them by Section 7 of the National Labor Relations Act. If Amazon violates the cease-and-desist order, it could be held in contempt by the court. "The Judge's order in this case recognizes Amazon's unlawful conduct and provides the full force of a federal court injunction to prohibit Amazon from further discharging employees for engaging in protected concerted activity," said Region 29 Brooklyn Director Teresa Poor. "This relief is critical to ensure that Amazon employees can fully and freely exercise their rights to join together and improve their working conditions, including by forming, assisting, or joining a union." Reference Link
NAOV

Hot Stocks

15:21 EST NanoVibronix secures FDA clearance for PainShield MD Plus - NanoVibronix announced FDA 510(k) clearance of its PainShield MD Plus, its dual-actuator ultrasound pain therapy device. Brian Murphy, CEO of NanoVibronix, stated, "Securing 510(k) clearance for PainShield Plus is a key milestone towards achieving permanent clearance from the FDA and full-scale commercial marketability. Increasingly, healthcare providers and patients are seeking effective, non-pharmaceutical therapies for the treatment of chronic pain. PainShield Plus expands on the effectiveness of its predecessor, our original PainShield M.D., by covering twice the treatment area and broadening the opportunities for application. As a result, we have started the process of making the recommended modifications to the device in order to comply with the FDA standard. In addition, this approval opens the door for us to submit a 510(k) application for our Over-The-Counter product, PainShield Relief, in the near term."
TWTR...

Hot Stocks

15:11 EST Musk says Apple 'threatened to withhold Twitter' from App Store - Tesla (TSLA) CEO and founder Elon Musk tweeted: "Apple (AAPL) has also threatened to withhold Twitter (TWTR) from its App Store, but won't tell us why" Reference Link
TWTR...

Hot Stocks

15:07 EST Musk says Apple 'threatened to withhold Twitter' from the App Store - Tesla (TSLA) CEO and founder Elon Musk tweeted: " Apple (AAPL) has also threatened to withhold Twitter (TWTR) from its App Store, but won't tell us why," said the Musk tweet. Reference Link
GOOG...

Hot Stocks

14:21 EST California AG announces settlements against Google, iHeartMedia over radio ads - California Attorney General Rob Bonta, in partnership with the Federal Trade Commission and other state attorneys general, announced settlements against Google (GOOGL) and iHeartMedia (IHRT) resolving allegations that Google paid DJs, predominately at iHeartMedia, to offer misleading personal endorsements of the Google Pixel 4 cell phone, even though most had never used the phone. This conduct violated California's False Advertising Law and Unfair Competition Law. As part of the settlement, Google will pay $9 million, of which California will receive approximately $2.7 million, and iHeartMedia will pay $400,000, of which California will receive approximately $125,000. Both companies will also be required to comply with important injunctive terms to deter future misconduct. "In 2019, Google partnered with iHeartMedia and other local radio stations to run an ad campaign for the Google Pixel 4. In these ads, Google instructed radio personalities to describe their supposed personal experiences using the Pixel 4, despite the phone not yet being available, and despite Google refusing to provide the phones to any stations in advance of recording and airing the first-round ads. Therefore, the radio personalities' statements about their personal experience were generally untrue. Google ran these ads over 23,000 times in 10 different markets, including more than 9,000 times in the San Francisco and Los Angeles media markets," AG Rob Bonta's statement said. In addition to monetary penalties, Google and iHeartMedia will comply with injunctive terms to deter future misconduct. Google, specifically, will be subject to a 20-year injunction prohibiting it from making misrepresentations or encouraging misrepresentations when hiring endorsers to advertise its products. Google will also be required to submit compliance reports upon request and engage in robust record keeping to demonstrate full compliance with the settlement agreement. Attorney General Bonta joins the Federal Trade Commission and the attorneys general of Arizona, Georgia, Illinois, Massachusetts, and New York in the settlement against Google. Texas also joined the group in its settlement against iHeartMedia. Reference Link
GOOGL...

Hot Stocks

14:16 EST FTC, state AGs announce settlement with Google and iHeartMedia over Pixel 4 ads - The Federal Trade Commission and seven state attorneys general sued Google (GOOGL0 and iHeartMedia (IHRT) for airing "nearly 29,000 deceptive endorsements by radio personalities promoting their use of and experience with Google's Pixel 4 phone in 2019 and 2020," the FTC announced. Today's proposed FTC orders and the state judgments settling the allegations bar Google and iHeartMedia from similar misrepresentations, and the state judgments also require them to pay $9.4M in penalties, the FTC stated. "Google and iHeartMedia paid influencers to promote products they never used, showing a blatant disrespect for truth-in-advertising rules," said Bureau of Consumer Protection Director Samuel Levine. "The FTC will not stop working with our partners in the states to crack down on deceptive ads and ensure firms that break the rules pay a price." Reference Link
TIL

Hot Stocks

12:57 EST Instil Bio treatment of stage IB2 to IV cervical cancer granted orphan status - Instil Bio's autologous cell therapy product manufactured from tumor-infiltrating lymphocytes has been granted FDA orphan designation as a treatment of stage IB2 to stage IV cervical cancer, according to a post to the agency's website. Reference Link
ESYJY RYCEY

Hot Stocks

12:44 EST Rolls-Royce, easyJet conduct test of hydrogen-powered jet engine - Rolls-Royce (RYCEY) and easyJet (ESYJY) announced they have set a new aviation milestone with the world's first run of a modern aero engine on hydrogen. The ground test was conducted on an early concept demonstrator using green hydrogen created by wind and tidal power. It marks a major step towards proving that hydrogen could be a zero carbon aviation fuel of the future and is a key proof point in the decarbonisation strategies of both Rolls-Royce and easyJet, the companies said. Both companies have set out to prove that hydrogen can safely and efficiently deliver power for civil aero engines and are already planning a second set of tests, with a longer-term ambition to carry out flight tests. The test took place at an outdoor test facility at MoD Boscombe Down, UK, using a converted Rolls-Royce AE 2100-A regional aircraft engine. Green hydrogen for the tests was supplied by EMEC, generated using renewable energy at their hydrogen production and tidal test facility on Eday in the Orkney Islands, UK.
GRND

Hot Stocks

12:00 EST Grindr falls -11.1% - Grindr is down -11.1%, or -$1.06 to $8.49.
CYH

Hot Stocks

12:00 EST Community Health falls -14.4% - Community Health is down -14.4%, or -52c to $3.06.
NRGV

Hot Stocks

12:00 EST Energy Vault falls -14.5% - Energy Vault is down -14.5%, or -72c to $4.23.
NTZ

Hot Stocks

12:00 EST Natuzzi rises 7.8% - Natuzzi is up 7.8%, or 42c to $5.85.
LVWR

Hot Stocks

12:00 EST LiveWire rises 8.8% - LiveWire is up 8.8%, or 51c to $6.31.
TDCX

Hot Stocks

12:00 EST TDCX rises 12.3% - TDCX is up 12.3%, or $1.31 to $11.93.
AVID

Hot Stocks

11:52 EST Avid Technology appoints Deb Sanders as CCO - Avid announced the promotion of Deb Sanders to the role of Chief Customer Officer & Senior Vice President to lead worldwide operations for customer success, customer care, advocacy, learning and overall CX, as well as oversee collaboration with the customer-led Avid Community Association. Sanders joined Avid as Vice President of Global Customer Care in 2019. Deb ascends to the executive leadership role previously held by Kathy-Anne McManus, former Chief Customer Experience Officer, who has left Avid to accept a new professional opportunity.
CIA

Hot Stocks

11:02 EST Citizens enters white label product distribution partnership with Titan - Citizens announced that it has entered into a white-label partnership with The Titan Agency to market and sell Citizens' newly developed life and final expense insurance products with the Titan brand.
THER

Hot Stocks

10:41 EST Theralink announces CAP accreditation for laboratory in Colorado - Earlier, Theralink Technologies announced that the company has received College of American Pathologists, or CAP, Accreditation for its Reverse Phase Protein Array laboratory in Golden, Colorado. The Accreditation Committee of the College of American Pathologists has awarded accreditation to the Theralink Technologies' laboratory based on results of a recent on-site inspection as part of its Accreditation review system. "This is a major milestone for Theralink, as we now have the only commercial Reverse Phase Protein Array laboratory in the United States with CAP accreditation for our Next Generation Proteomic services," said Mick Ruxin M.D., CEO of Theralink Technologies. "Theralink is now both CLIA-certified and CAP-accredited, demonstrating that our test results and laboratory processes are meeting and exceeding industry standards for clinical testing. CAP accreditation is the champion of laboratory excellence, and cancer patients will potentially benefit with our accreditation."
ASAP...

Hot Stocks

10:22 EST ASAP.com announces national food delivery agreement with Chipotle - ASAP.com, the on-demand delivery brand for Waitr Holdings (ASAP), has announced a national food delivery agreement with Chipotle Mexican Grill (CMG). Effective immediately, ASAP.com will begin delivery from Chipotle restaurants in many markets. "The new agreement with Chipotle immediately boosts our appeal to a wider audience as we grow our newly branded ASAP.com delivery platform. Chipotle is one of the most well-known and popular brands in the restaurant industry and, like us, they are committed to making food more accessible to everyone," said Carl Grimstad, CEO and Chairman of the Board of ASAP, Inc.
CLF

Hot Stocks

10:21 EST Cleveland-Cliffs announces price increase for steel products - Cleveland-Cliffs announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $60 per ton, effective immediately with all new orders.
META

Hot Stocks

10:04 EST Meta fined EUR265M over Facebook data leak involving more than 533M users - Ireland's Data Protection Commission has announced the conclusion to an inquiry into Meta Platforms Ireland Limited, data controller of the "Facebook" social media network, imposing a fine of EUR265M and a range of corrective measures. The DPC commenced this inquiry on 14 April 2021, on foot of media reports into the discovery of a collated dataset of Facebook personal data that had been made available on the internet. The scope of the inquiry concerned an examination and assessment of Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer tools in relation to processing carried out by Meta Platforms Ireland Limited during the period between 25 May 2018 and September 2019. Reference Link
TALO

Hot Stocks

10:00 EST Talos Energy falls -6.1% - Talos Energy is down -6.1%, or -$1.24 to $19.11.
CYH

Hot Stocks

10:00 EST Community Health falls -6.5% - Community Health is down -6.5%, or -23c to $3.35.
SBOW

Hot Stocks

10:00 EST SilverBow Resources falls -6.6% - SilverBow Resources is down -6.6%, or -$2.34 to $33.35.
ZVIA

Hot Stocks

10:00 EST Zevia rises 8.3% - Zevia is up 8.3%, or 32c to $4.18.
SHOP

Hot Stocks

10:00 EST Shopify rises 8.8% - Shopify is up 8.8%, or $3.24 to $40.03.
RCUS

Hot Stocks

10:00 EST Arcus Biosciences rises 9.8% - Arcus Biosciences is up 9.8%, or $2.61 to $29.32.
ADCT

Hot Stocks

09:49 EST Biocytogen enters antibody agreement with ADC Therapeutics - Biocytogen entered into an evaluation and option agreement with ADC Therapeutics SA. Biocytogen will grant ADC Therapeutics a license to evaluate Biocytogen's proprietary antibodies against three tumor targets, with an option to license selected antibodies at a later date for global ADC development and commercialization. Biocytogen reserves all global rights for these antibodies beyond ADC development. Biocytogen will receive an upfront payment. For each option exercised, Biocytogen will be entitled to an option-exercise fee, and development and commercial milestone payments, which potentially total tens of millions of US dollars, as well as single-digit royalties on net sales. Under the agreement, Biocytogen will provide ADC Therapeutics with monoclonal and/or biparatopic antibodies directed against three tumor targets, generated through Biocytogen's Project Integrum. ADC Therapeutics will carry out feasibility studies and be responsible for further development and commercialization of the ADC products if the company exercises an option.
EE

Hot Stocks

09:47 EST Excelerate Energy falls -6.0% - Excelerate Energy is down -6.0%, or -$1.77 to $27.97.
TALO

Hot Stocks

09:47 EST Talos Energy falls -6.6% - Talos Energy is down -6.6%, or -$1.35 to $19.00.
SBOW

Hot Stocks

09:47 EST SilverBow Resources falls -7.7% - SilverBow Resources is down -7.7%, or -$2.74 to $32.95.
BEKE

Hot Stocks

09:47 EST KE Holdings rises 6.8% - KE Holdings is up 6.8%, or 97c to $15.26.
SHOP

Hot Stocks

09:47 EST Shopify rises 8.3% - Shopify is up 8.3%, or $3.06 to $39.85.
RCUS

Hot Stocks

09:47 EST Arcus Biosciences rises 13.5% - Arcus Biosciences is up 13.5%, or $3.60 to $30.31.
DBGI

Hot Stocks

09:41 EST Digital Brands Group Inc trading resumes
KSCP

Hot Stocks

09:38 EST Knightscope says existing client to upgrade 97 parking lot emergency call boxes - Knightscope announces that an existing transit client in California signed a contract to upgrade 97 of its parking lot emergency call boxes with the Knightscope K1 Retrofit Kits.
DBGI

Hot Stocks

09:36 EST Digital Brands Group Inc trading halted, volatility trading pause
MODD

Hot Stocks

09:36 EST Modular Medical expects to make 510(k) submission during quarter ended June 30 - Modular Medical announced an update on the development of its initial insulin pump product. The Company has continued to make progress on the testing required for its 510(k) submission to the U.S. Food and Drug Administration of its MODD1 insulin pump product. The Company has identified certain material in the pump device that was incompatible with the sterilization process utilized. As previously announced, this compatibility issue has delayed the Company's 510(k) submission timeline. The Company has identified replacement materials, which are being qualified for use in the product. Given the expected resolution of the compatibility issue, the Company now expects to make its submission to the FDA during the quarter ended June 30, 2023.
ELV

Hot Stocks

09:30 EST Elevance Health announces 21 affiliated Medicaid plans earn accreditation - Elevance Health announced that 21 of its affiliated Medicaid plans are the first in the nation to earn a full three-year accreditation for health equity from the National Committee for Quality Assurance, or NCQA. The accreditation demonstrates Elevance Health's commitment to advancing health equity and prioritizing the whole health needs of entire communities of people who have been historically marginalized, economically and socially.
DGX

Hot Stocks

09:27 EST Quest Diagnostics completes acquisition of LabCare - Quest Diagnostics announced it has completed its previously announced acquisition of select assets of LabCare Plus, the outreach laboratory services business of Summa Health, a large integrated health system. Additional financial terms were not disclosed. With the acquisition, Quest broadens access to diagnostic innovation and insights empowering better health for more communities in Northeastern Ohio. Physicians and patients will benefit from access to Quest's industry-leading and highly innovative test menu, network of patient access sites throughout the state, broad health plan coverage and lower out-of-pocket costs for many services.
MMSI

Hot Stocks

09:27 EST Merit Medical launches basixALPHA Inflation Device - Merit Medical Systems announced U.S. commercial release of the basixALPHA Inflation Device. The basixALPHA is the latest addition to the Merit inflation device portfolio. Products include analog and digital devices with low- and high-pressure capacity for inflation, deflation, and measurement of pressures in angioplasty balloons. Merit's commitment to excellence in inflation device technology has resulted in decades of industry leadership. More than 10 million procedures have been completed using Merit inflation devices worldwide.
PRSO

Hot Stocks

09:24 EST Peraso announces $2.45M registered direct offering - Peraso announced that it has entered into a securities purchase agreement with an institutional investor in connection with a registered direct offering of an aggregate of 2,450,000 shares of its common stock. The pre-funded warrants will be immediately exercisable at a nominal exercise price of $0.01 per share and may be exercised at any time until all of the pre-funded warrants are exercised in full. Additionally, in a concurrent private placement, the Company will issue to the Investor unregistered common stock purchase warrants to purchase up to 3,675,000 shares of common stock. The Private Placement Warrants have an exercise price of $1.36 per share and are exercisable for a period of five years beginning six months from the date of issuance. The Benchmark Company, LLC is acting as the sole placement agent for the offering. The gross proceeds from the registered direct offering and concurrent private placement are expected to be $2.45 million before deducting placement agent fees and other estimated offering expenses. Peraso intends to use the net proceeds from this offering for the Company's operations, including the development of its 5G products, and working capital and general corporate purposes. The registered direct offering and concurrent private placement are expected to close on or about November 30, 2022, subject to the satisfaction of customary closing conditions.
AAWW BA

Hot Stocks

09:23 EST Atlas Air takes delivery of four Boeing 777-200 Freighters - Atlas Air announced it has taken delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI agreement.The 777-200 Freighter will complement MSC's container shipping solutions and expand service to key trade lanes for various industries, including those which traditionally have significant air cargo transportation needs. This aircraft is the first of four new Boeing 777 Freighters that Atlas will operate for MSC.
PSHG

Hot Stocks

09:21 EST Performance Shipping announces loan facility with Piraeus Bank - Performance Shipping announced that it has entered into an agreement for a secured term loan facility of up to $37.4 million with Piraeus Bank S.A. through two separate wholly-owned subsidiaries of the Company. Proceeds from the Facility will be used to refinance a portion of an existing term loan facility for the M/T P. Kikuma through a first advance of up to about $7.8 million and to partially finance the M/T P. Monterey, through a second advance of up to about $29.6 million. This Facility will carry an interest rate of SOFR plus 2.45% per annum and will be repayable in twenty consecutive quarterly installments. The first four installments will be equal to US$1.5 million each, the remaining sixteen installments will be equal to $1 million each, and a balloon installment of US$15.4 million will be payable concurrent with the twentieth quarterly installment, within five years from the drawdown date. The Facility is secured by, among other things, a guarantee of the Company and first priority mortgages over the M/T P. Kikuma and M/T P. Monterey.
KAL

Hot Stocks

09:20 EST Kalera announces restructuring process for German subsidiary - Kalera announced that the Company has decided to initiate the restructuring of its German subsidiary, Kalera Gmbh through a court-supervised process. Following Kalera PLC's announcement on October 18, 2022 of its intention to divest the assets of its international business, the Company began exploring strategic alternatives in close collaboration with financial advisors. Kalera GmbH has since received substantial interest from external investors. While no binding agreements to acquire or to invest in Kalera GmbH have been signed, the Company is confident that a transaction will be announced by the end of the year and that business operations in Germany will continue in 2023 after the restructuring process has concluded. In an additional effort to bring Kalera to cash flow positive, the Company continues the process of divesting its Vindara seed genetics business and expects to close near year-end 2022. In addition, the Company is reducing expenses at the U.S. headquarters. In total, these divestitures and costs savings measures are expected to reduce the amount of cash needed to operate the business by approximately 50 percent.
BB

Hot Stocks

09:20 EST BlackBerry expands work with AWS to elevate BlackBerry QNX software to cloud - BlackBerry Limited announced an extension of its use of Amazon Web Services, AWS, that will make BlackBerry QNX technology available to embedded systems developers for the first time ever in the cloud, significantly reducing time to market for their products. At AWS re:Invent 2022, BlackBerry QNX will demonstrate the company's Real Time Operating System along with its artificial intelligence data platform - BlackBerry IVY - running natively on Amazon Elastic Compute Cloud instances, powered by AWS Graviton2 processors. The BlackBerry QNX RTOS running in the cloud functions as a cloud-native developer workbench and can be used independently - or in conjunction with - BlackBerry IVY, a cloud connected automotive AI platform co-developed by BlackBerry and AWS
PBLA

Hot Stocks

09:18 EST Panbela Therapeutics enrolls first patients in Europe for ASPIRE trial - Panbela Therapeutics announced its first patients enrolled in Europe for its ASPIRE global clinical trial in the first-line treatment of metastatic pancreatic cancer. ASPIRE is a global randomized, double-blind placebo-controlled clinical trial to evaluate ivospemin in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma. With approximately 95 sites planned throughout the United States, Europe, Australia, and South Korea, Panbela is continuing to focus on site initiation and enrollment in order to ultimately deliver a more effective treatment for pancreatic cancer, a deadly disease with few treatment options. The Company expects that a significant number of global sites will be open by year-end with the full complement of sites open by early-mid 2023.
HPCO

Hot Stocks

09:17 EST Hempacco, High Sierra enter joint venture agreement - On November 17, 2022, the Company's wholly-owned subsidiary, High Sierra Technologies, Inc., a Nevada corporation executed a Joint Venture Agreement with Hempacco Co., for the production, marketing, and sales of hemp smokables that will use the Company's patented and patent-pending technologies, as well as certain patented and patent-pending technologies held by Hempacco. Pursuant to this Joint Venture Agreement, HSTI and Hempacco formed a new Nevada corporation known as Organipure. HSTI and Hempacco each own one-half of the equity interests in Organipure. In connection with the execution of the Joint Venture Agreement, Hempacco also entered a Hemp Smokables Manufacturing Agreement with Organipure, pursuant to which Hempacco will act as Organipure's exclusive worldwide manufacturer and supplier of hemp smokables, subject to the terms and conditions of the Manufacturing Agreement. The hemp smokables will be manufactured according to product specifications and packaging described in the Manufacturing Agreement. Also, in connection with the execution of the Joint Venture Agreement, HSTI entered into a Patent License Agreement with Organipure, which granted Organipure a non-exclusive license of HSTI's patented and patent-pending technologies to be used in connection with the hemp smokable products to be produced, marketed, and sold by Organipure. The annual license fee will be 5% of Organipure's gross receipts from the use of the HSTI patents by Organipure. The term of the license expires December 31, 2033, unless terminated earlier for reasons specified in the HSTI Patent License Agreement. Similarly, Hempacco entered into a Patent License Agreement with Organipure which granted to Organipure a non-exclusive license of Hempacco's patented and patent pending technologies to be used in connection with the hemp smokable products. The annual license fee will be 5% of Organipure's gross receipts from the use of the Hempacco patents by Organipure. The term of the license expires December 31, 2033, unless terminated earlier for reasons specified in the Hempacco Patent License Agreement.
IPIX

Hot Stocks

09:13 EST Innovation Pharmaceuticals says BeaMed receives FDA clearance for MANTA family - BT BeaMedical has notified Innovation Pharmaceuticals that it has received U.S. Food and Drug Administration clearance or its MANTA surgical laser family. The clearance is an important milestone for BeaMed in its development of an advanced laser technology with respect to shaping energy and matching it to patient specific anatomy, a novel concept that BeaMed is proving a reality. Innovation Pharmaceuticals made a strategic investment to acquire a minority stake in BeaMed in June 2022. The MANTA surgical laser family was cleared by the FDA including five different wavelengths and soft tissue use in a very wide set of clinical specialties, including Neurosurgery, Spinal Surgery, Urology, Thoracic Surgery, Pulmonary Surgery, Gynecology, General Surgery, ENT/Head and Neck, Plastic Surgery, Orthopedics, Arthroscopy, Ophthalmology, Radiology, and Oral Surgery. BeaMed expects to soon make requisite submissions to the FDA for clearance of its fiber optics for use in multiple medical indications.
FTNT

Hot Stocks

09:12 EST Fortinet launches FortiGate Cloud-Native Firewall - Fortinet announced the availability of FortiGate Cloud-Native Firewall on Amazon Web Services, an enterprise-grade, managed next-generation firewall service specifically designed for AWS environments. FortiGate CNF incorporates FortiGuard artificial intelligence -powered Security Services for real-time detection of and protection against malicious external and internal threats, and is underpinned by FortiOS for a consistent network security experience across AWS and on-prem environments. By shifting the management of network security infrastructure to Fortinet via FortiGate CNF, customers can focus more on their core competencies and deploying effective security policies to protect their business-critical applications and data. Natively supporting AWS and available now in AWS Marketplace, FortiGate CNF gives customers immediate access to FortiGuard AI-powered Security Services for enterprise-grade protection, including URL filtering, DNS filtering, IPS, application control and other FortiGuard security services, that organizations rely on.
TXN

Hot Stocks

09:12 EST Texas Instruments announces expansion of its portfolio - Texas Instruments announced an expansion in its portfolio of space-grade analog semiconductor products in highly reliable plastic packages for a diverse range of missions. TI developed a new device screening specification called space high-grade in plastic for radiation-hardened products and introduced new analog-to-digital converters that meet the SHP qualification. TI also introduced new product families to the radiation-tolerant Space Enhanced Plastic portfolio. Compared to traditional ceramic packages, plastic packages offer a smaller footprint that enables designers to reduce system-level size, weight and power, and thus help reduce launch costs.
DBD

Hot Stocks

09:10 EST Diebold appoints Radigan as executive vice president, chief people officer - Diebold Nixdorf announced that Elizabeth Radigan has been appointed as executive vice president and chief people officer. She replaces Beth Patrick, who is pursuing other interests outside the company. Radigan, who previously held the role of Diebold Nixdorf's chief ethics and compliance officer since joining the company in 2014, will lead the company's global employee-focused initiatives, promoting a strong workforce of engaged employees and driving effective processes that support and equip employees worldwide. Radigan will also serve as a member of the company's senior executive leadership team. She reports to Octavio Marquez, Diebold Nixdorf president and chief executive officer.
NVEI

Hot Stocks

09:10 EST Virgin Atlantic selects Nuvei as payment partner - Nuvei Corporation announces that it has partnered with Virgin Atlantic. Nuvei builds on its exceptional technology with customized solutions designed for some of the largest companies in the industry. By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally. The agreement gives Virgin Atlantic access to Nuvei's proprietary modular platform designed to boost acceptance rates and accelerate revenue. This agreement is the latest in a series of partnerships with leading travel companies such as Air Transat, Scott Dunn, Selina, and others.
AJG

Hot Stocks

09:09 EST Arthur J. Gallagher acquires Bulen & Associates Insurance Services - Arthur J. Gallagher & Co. announced the acquisition of Murrieta, California-based Bulen & Associates Insurance Services. Terms of the transaction were not disclosed. "Bulen & Associates is a highly regarded agency with deep community roots and a culture like ours," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Lisa and her associates to Gallagher."
KNDI

Hot Stocks

09:08 EST Kandi Technologies produces 10,000th crossover electric golf cart - Kandi Technologies announced that it has produced and shipped its 10,000th "crossover" electric golf cart at its production facility in Hainan, China.
HGTY POAHY

Hot Stocks

09:08 EST Hagerty opens Garage + Social Van Nuys, partners with Long , Emory - Hagerty (HGTY) announces the opening of Garage + Social Van Nuys, the latest in its growing, national network of enthusiast facilities. Porsche (POAHY) factory racing driver Patrick Long and longtime Porsche restorer Rod Emory, both with Southern California roots, have partnered with Hagerty to launch the new location, which will offer a premium clubhouse and storage facility for Los Angeles area car lovers and collectors. "One of the great things about the car world is that we love to gather, share stories and revel in our shared passion and appreciation of collectible cars," said Hagerty CEO McKeel Hagerty. "Patrick and Rod's extensive careers, gracious personalities and SoCal roots mean that they'll create a great atmosphere for Garage + Social members. The result will be an oasis for car enthusiasts, designed by car enthusiasts. It's a place where members and the public alike will enjoy truly special moments that perfectly complement Hagerty's purpose to save driving and car culture for future generations."
STM

Hot Stocks

09:07 EST STMicroelectronics achieves EMVCo certfication for biometric-payment platform - STMicroelectronics has announced it has completed EMVCo certification for its STPay-Topaz-Bio biometric payment card platform. Certification confirms the security of the platform and its interoperability with payment systems. Mastercard and Visa payment schemes certifications are expected by early 2023. The achievement makes STPay-Topaz-Bio and the underlying secure hardware the first one-stop-shop EMVCo-certified platform to comprise a biometric secure element and secure operating system. The market for biometric payment cards is forecasted to grow at over 200% CAGR through 2026.
BASE

Hot Stocks

09:06 EST Couchbase selected by Arthrex to improve patient outcomes - Couchbase announced that Arthrex selected Couchbase on Amazon Web Services to improve patient outcomes. Embedded in the Arthrex Synergy product family, Couchbase is used in customer hospitals and operating rooms to manage the capture, sync and storage of patient data, surgical data and media metadata, including captured images and videos from Arthrex devices. Arthrex is a global leader in orthopedics providing interconnected surgical devices for hospital operating rooms, such as endoscopic cameras, pumps, ablation devices and insufflators--devices that surgeons use for bone and ligament surgery and reconstruction. The devices run a Linux-based application with Couchbase Lite embedded to store relevant data, allowing them to run 100% of the time regardless of internet connectivity and speed. This reduces latency and downtime for critical surgical instruments. Once data is in a centralized location in the hospital, it powers Arthrex's suite of applications that connect to surgical devices and other medical systems, including hospital electronic health record systems.
PHG

Hot Stocks

09:06 EST Philips launches compact ultrasound system at RSNA 2022 - Royal Philips announced the global launch of a next-generation compact portable ultrasound solution at the Radiological Society of North America annual meeting. Philips' new Compact 5000 Series aims to bring the diagnostic quality associated with premium cart-based ultrasound systems to more patients. Designed for portability and versatility without compromising image quality or performance, the Compact 5000 series facilitates first-time-right ultrasound exams for more patients.
EVCI

Hot Stocks

09:04 EST EVCI Career Colleges announces YTD results of Dashang - EVCI Career Colleges Holding previously announced a change of control with Zhejiang Dashang Media Co., Ltd. in which Zhejiang Dashang Media Co., Ltd. acquired controlling interest in a private transaction through all outstanding classes of preferred shares. Gross revenues of $61.6 million for the year to date, up 300% versus annualized 2021 revenue ; 1.7 million users, up approximately 100% versus 2021 ; 401,755 daily users, up approximately 80% versus 2021; 33,871 daily paying users, up approximately 80% versus 2021. "We are excited about the growth with Dashang Short Video and what that means for value for EVCI shareholders" stated Wei Li, Chairman. "I believe 2023 could be a record year and we are projecting significant growth". EVCI Career Colleges Holding Corp. plans to submit a name and symbol change to FINRA in the coming weeks to mirror the company's new business model. The company plans to report on its strategy for growth as well as acquisitions lined up for 2023 in the coming months.
WULF...

Hot Stocks

09:03 EST TeraWulf mines 119 Bitcoin in October, targets 25% run-rate savings in next year - TeraWulf provided an operational update and more detail regarding its cost-reduction initiatives that are underway to ensure the company maintains greater resiliency in a low-priced Bitcoin environment. The company also reiterated that the Lake Mariner facility is not impacted by the two-year moratorium on new permits for fossil fuel powered proof-of-work mining, which was recently signed into law by the Governor of the State of New York. Current online capacity of 60 MW and deployed miner fleet of 17,500 miners with a hash rate of approximately 2.0 EH/s, comprised of 1.34 EH/s of self-mining and 0.65 EH/s hosted at the Lake Mariner facility. The company self-mined 119 Bitcoin in October, a 76% increase over the amount mined in September and the upward trajectory has continued in November. Self-mining approximately 4.6 Bitcoin per day, up 28% from 3.6 Bitcoin per day exiting Q3. Construction is estimated to be completed on its two sites in Q1 2023 enabling 160 MW and operational capacity of 6.6 EH/s, including 4.2 EH/s of self-mining. Recent amendment to Nautilus Cryptomine joint venture agreement with an affiliate of Talen Energy Corp. maximizes TeraWulf's 50 MW share of five-year contracted power at $0.02/kWh, for an expected average of $0.035/kWh across its two sites. Recently announced cost-reduction initiatives targeting 25%+ in run-rate savings in the next 12 months, providing a lower cost structure to provide resiliency and faster path to profitability. "We are pleased with the ramp in mining operations achieved at Lake Mariner in a brief period of time and despite the difficult market environment. Given our industry leading low cost of power at our two mining facilities, we believe we are going to be one of the few players that can sustainably operate in a prolonged low-price bitcoin environment," stated Paul Prager, Co-founder and Chief Executive Officer of TeraWulf. "The recent regulatory actions in New York serve to reinforce our belief that a sustainable, zero-carbon power strategy is critical for long-term success in the bitcoin mining industry, particularly at a time when bitcoin mining and crypto in general have come under greater regulatory scrutiny."
AIKI

Hot Stocks

09:03 EST AIkido Pharma announces successful initial public offering of ASP Isotopes - AIkido Pharma announced the successful initial public offering of ASP Isotopes. ASPI priced its initial public offering of 1,250,000 shares of its common stock at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $5.0 million before deducting underwriting discounts, commissions, and other offering expenses. The shares began trading on the Nasdaq Capital Market LLC on Nov. 10, 2022, under the ticker symbol "ASPI", and the offering closed on about Nov. 14, 2022. Anthony Hayes, CEO of AIkido stated, "As a shareholder of ASP Isotopes, we want to congratulate the company and their CEO, Paul Mann on successfully listing on NASDAQ. This has been one of the most challenging public markets in recent memory for new issuers. We congratulate Paul and his team for getting this public offering over the line. As a public company, ASP will benefit from access to capital, broader investor outreach and engagement, and greater visibility for its customers and partners. We hope to have other companies where we are a shareholder to follow ASPI's lead in the near future.
VRAR

Hot Stocks

09:02 EST Immersive Health Group enters tech, IP assignment agreement with InciteVR - The Glimpse Group announced Immersive Health Group entered into a technology and IP assignment agreement with InciteVR, an immersive learning company that creates immersive learning experiences for higher education and professional training, primarily in the clinical and nursing healthcare segments. The assignment of inciteVR's IP and Technology included a one time, nominal issuance of Glimpse common shares. In parallel, the full inciteVR team has entered into employment agreements with Glimpse and will join the IHG team. Jim Kiggens, inciteVR's co-founder and CEO, will serve as Chief Product Officer of IHG.
GILD RCUS

Hot Stocks

08:59 EST Gilead, Arcus provide update from fourth interim analysis of ARC-7 study - Gilead (GILD) and Arcus Biosciences (RCUS) announced an update from the fourth interim analysis of the randomized, open-label Phase 2 ARC-7 study in patients with first-line metastatic non-small cell lung cancer, or NSCLC, with PD-L1 tumor proportion score of 50% without epidermal growth factor receptor or anaplastic lymphoma kinase mutations. ARC-7 is evaluating the combinations of anti-TIGIT antibody domvanalimab plus anti-PD-1 antibody zimberelimab and domvanalimab plus zimberelimab and etrumadenant, an A2a/b adenosine receptor antagonist, versus zimberelimab alone, and represents the first randomized Phase 2 study of an Fc-silent anti-TIGIT/anti-PD-1 combination. The protocol-specified fourth interim analysis was conducted when the trial reached full enrollment, with a clinical data cutoff date of August 31. A total of 150 patients have been randomized across the three study arms. For the current interim analysis, efficacy was evaluated in study patients who had at least 13 weeks of potential follow-up and were eligible for at least two imaging scans. Both domvanalimab combinations continued to show clinically meaningful differentiation compared to zimberelimab monotherapy across multiple efficacy measures, including objective response rates, progression-free survival and six-month landmark PFS. Detailed results from this fourth interim analysis and an exploratory analysis on 12 patients who crossed over from zimberelimab monotherapy arm to triplet therapy will be presented on December 20, 2022, at the Monthly Plenary Series, a new virtual forum for presentation and discussion of the latest cancer research. According to ASCO, live presentations are accessible to virtual attendees and available on-demand, and abstract presentations are accompanied by a discussant presentation and followed by a live Q&A session. Abstracts accepted for the Monthly Plenary Session are also placed at the ASCO Annual Meeting in June 2023. During the ASCO Annual Meeting, additional results from further analysis of the ARC-7 dataset will be presented. Domvanalimab, zimberelimab and etrumadenant are investigational molecules and neither Arcus or Gilead have received approval from any regulatory authority for any use globally, including for the treatment of lung cancer. Their efficacy and safety for the treatment of lung cancer have not been established.
JZ

Hot Stocks

08:59 EST Jianzhi, Jinqiao Management Bureau of Shanghi Pilot Free Trade Zone enter deal - Jianzhi Education Technology announced that the Company's subsidiary Shanghai Ang'you Internet Technology has entered into strategic cooperation agreement with Jinqiao Management Bureau of Shanghai Pilot Free Trade Zone on its vocational training online platform. The cooperation was formed as part of Shanghai Pudong New Area's initiatives to facilitate the empowerment of real economy with online platforms. Ang'you's innovative vocational training platform is among the first fleet of online platform projects that are recognized as key economic development projects by Pudong New Area. During the signing ceremony held last week, Pudong local governors said they will build a business hub for online platform companies in Pudong New Area and specified that platform economy is a fundamental component of digitalized economy, which plays an integral part of commissioning a solid development of real economy. Pudong district will coordinate resources from different government departments to lay out and execute strategic plans to make real impact and achievements for the economic growth of Pudong New Area, facilitated by a community of thriving platform companies.
BBIG

Hot Stocks

08:56 EST Vinco Ventures receives deficiency notice from Nasdaq - On November 17, 2022, Vinco Ventures received a notice from the Listing Qualifications Department of The Nasdaq Stock Market advising the Company that it was not in compliance with Nasdaq's continued listing requirements under the Nasdaq Listing Rule 5250(c)(1) as a result of the Company's failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 with the United States Securities and Exchange Commission in a timely manner, which deadline was November 14, 2022. The Rule requires listed companies to timely file all required periodic reports with the SEC. As a result of a delinquency notice received with respect to the Company's as yet filed 10-Q for the quarter ended June 30, 2022, the Company has submitted a plan of compliance to file both delinquent 10-Qs no later than January 30, 2023. The Company will submit an update to this plan of compliance to Nasdaq no later than December 19, 2022 confirming the above referenced timetable.
LAB

Hot Stocks

08:53 EST Standard BioTools board authorizes up to $20M of share repurchases - Standard BioTools announced that its board of directors has authorized the repurchase of up to $20M of shares of its common stock in the open market or in negotiated transactions through December 31, 2023. The repurchases are expected to be made from cash on hand, which the Company's board believes is an effective use of capital given Standard BioTools' current valuation and progress to date against its stated strategic goals, which are expected to result in improved revenue growth and profitability over time. The repurchase program may be suspended or discontinued at any time at the Company's discretion.
GTLS

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08:52 EST Maine Beer Company installs Chart Industries' Earthy Labs CO2 capture technology - Maine Beer Company is among the first craft breweries in Maine to implement Chart Industries' Earthly Labs' carbon capture technology to reduce greenhouse gas emissions. Earthly Labs CiCi technology allows Maine Beer Company to capture waste carbon dioxide produced during fermentation, purify it and reuse it to carbonate the beer, purge tanks and package beer.
TNYA

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08:50 EST Tenaya Therapeutics receives orphan drug designation for TN-401 - Tenaya Therapeutics announced that the U.S. Food and Drug Administration has granted orphan drug designation for its second gene therapy product candidate, TN-401, for the treatment of arrhythmogenic right ventricular cardiomyopathy. TN-401 is an adeno-associated virus-based gene therapy being developed for the treatment of genetic ARVC caused by Plakophilin-2 gene mutations. Mutations of the PKP2 gene can cause severe disease, including enlargement of the right ventricle in affected individuals, cardiac dysfunction, significant arrhythmia and sudden cardiac death in adults and children. PKP2 mutations are the most common genetic cause of ARVC, estimated to represent approximately 40 percent of the overall ARVC population and to effect more than 70,000 people in the U.S. alone. TN-401 is designed to use an AAV9 vector to deliver a healthy copy of the PKP2 gene to the heart muscle of affected patients via a single intravenous dose. Current treatments do not address the underlying genetic cause of disease and do not appear to affect disease progression. Tenaya intends to initiate a global non-interventional study of ARVC PKP2 gene mutation carriers by the end of this year in order to collect treatment history and data on seroprevalence to AAV antibodies. Tenaya expects to submit an Investigational New Drug application for the program to the FDA in 2023.
UEEC

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08:49 EST United Health to submit full PMA application following sample analysis review - United Health Products provides an update on the company's FDA Premarket Approval application. UHP continues to advance its Premarket Approval application with the Food and Drug Administration. As described in its October 31 press release, the company has completed its review and documentation of manufacturing and packaging related Standard Operating Procedures and is now awaiting external laboratory test results on HemoStyp samples produced under its new manufacturing arrangement. Upon receipt and review of the sample analysis, the company expects to submit its full PMA application within a few days. There can be no assurance that the company's PMA application will be approved.
AGTC

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08:48 EST Applied Genetic reminds shareholders to tender their shares - Applied Genetic Technologies President and CEO Sue Washer, reminds AGTC stockholders: "A Syncona Limited portfolio company has commenced a tender offer to purchase all outstanding shares of AGTC common stock at a price per share of $0.34 in cash plus the right for AGTC stockholders to receive additional aggregate payments of up to $0.73 per share upon the achievement of specified milestones. AGTC's Board of Directors has unanimously approved the transaction and recommends that stockholders accept the offer and tender their shares in the offer. AGTC's Board of Directors believes the transaction represents an attractive offer that is in the best interests of AGTC's stockholders. Should the majority of outstanding AGTC shares not be tendered, AGTC's Board of Directors believes that AGTC will have no alternative but to pursue bankruptcy with no certainty of value for stockholders. It is therefore important that you tender your shares in the offer."
JFBR

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08:46 EST Jeffs' Brands says 2022 Black Friday sales increased 60% year-over-year - Jeffs' Brands announced that its brands' sales on Amazon on November 25, 2022, known as Black Friday, the day after the Thanksgiving holiday. Total estimated revenues generated by its brands on that date were approximately $190,000, an increase of approximately 60% compared to approximately $118,055 in 2021 Black Friday sales.
APA

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08:45 EST APA Corp. provides update on Block 58 appraisal - APA Corporation provided an update on exploration activities in Block 58 offshore Suriname. APA holds 50% working interest, while TotalEnergies is the operator on the block with a 50% working interest. Drilling operations have concluded at the Awari exploration prospect in the previously untested northwest portion of Block 58. The well was deemed noncommercial. At the Sapakara South-2 appraisal well, the joint venture will commence flow-test operations following drilling to the targeted Maastrichtian-Campanian formation. Results are expected to be available next month. SPS-2 is located approximately 4.6 kilometers south of Sapakara South-1.
POET

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08:44 EST Poet Technologies enters agreement with Stockhouse Publishing - POET Technologies announced that it has signed an agreement with Stockhouse Publishing, Ltd., a division of The Market Herald. The agreement covers a 12-month period during which POET will use a variety of new tools and services offered by Stockhouse to drive large scale investor awareness about the company. POET will continue to use social media and internet marketing to distribute existing and newly created content to targeted audiences in Canada, the US and Europe. The Company will pay C$100,000 against which it will choose from a menu of standard and custom advertising and marketing campaigns over the year to reach targeted investor audiences. In July of this year, the Company terminated its agreement with North Equities.
SOPA

Hot Stocks

08:42 EST Society Pass integrates with Stripe's payments platfom - Society Pass Incorporated announces the integration of Stripe's financial infrastructure solutions onto the SoPa platform to power transaction settlement services for merchants and customers on SoPa's ecosystem.
QRVO

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08:41 EST Qorvo partners with MediaTek to secure design wins - Qorvo secured multiple design wins in collaboration with MediaTek that extend Qorvo's leadership in 5G smartphones and include mobile Wi-Fi, Wi-Fi routers, and 5G/Wi-Fi automotive platforms.The automotive design wins are with tier 1 suppliers and will enable 5G connectivity in 2023 automotive platforms. Qorvo's 5G automotive solutions are optimized with MediaTek to support enhanced safety and entertainment features including telematics, advanced driver-assistance systems, autonomous driving, emergency calling and in-vehicle connectivity and entertainment services. Qorvo's automotive connectivity portfolio enables complete AECQ-qualified connectivity solutions - from onboard telematics to the shark fin antenna. Qorvo has also secured Wi-Fi 6, Wi-Fi 6E and Wi-Fi 7 design wins in a range of devices including service provider gateways and smartphones. Qorvo mates its advanced filters and Wi-Fi integrated front end modules with MediaTek Wi-Fi systems-on-chip to deliver end-to-end Wi-Fi solutions that increase throughput, reduce latency and enhance the quality of client connections. In smartphones, Qorvo has secured multiple design wins with leading OEMs that span Qorvo's broad portfolio of highly integrated advanced cellular solutions. The global smartphone market is supported by multiyear content and integration trends, with outsized opportunities among MediaTek customers as Android OEMs migrate their portfolios to higher performing 5G devices.
BTOG

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08:40 EST Bit Origin mines 24.30 bitcoin in October - Bit Origin Ltd provided its monthly production and operation update for October 2022. Bit Origin started bitcoin mining in mining sites in Georgia and Indiana in May and June 2022, respectively. As of October 31, 2022, the total mining hash rate remains at 308 PH/s with 3,190 miners installed. The Company mined 24.30 Bitcoins and achieved a revenue of US$477,637 in October 2022, representing a decrease of 8% and 9%, respectively, compared to the previous month. As of October 31, 2022, the Company has ongoing operations in two mining sites and expects to initiate operation in December in one mining site under development. The Company is also exploring other development or acquisition opportunities for mining sites around the globe, with a primary focus on the U.S. Site One - Macon, GA, 9.49 Megawatts: The Company is currently operating the Georgia site on a hosting basis with a mining capacity of 6.1 MW. On May 25, 2022, the Company announced that it entered into a Letter of Intent to acquire 30.62% of the Georgia site, representing 9.49 MW capacity. As the transaction proceeds, the Company will publicly disclose required information through press releases or SEC filings, as appropriate. Site Two - Marion, IN, 5.3 Megawatts: On June 8 and July 11, 2022, the Company announced that it entered two hosting service agreements to increase mining capacity by 3 MW and 2.3 MW, respectively. The deployment of 1,700 miners at this site has been completed. Site Three - Agreements with a Private Cryptocurrency Mining Investment Fund: On June 15, 2022, the Company announced that it entered into a set of definitive agreements with a private cryptocurrency mining investment fund. The Fund is investing in a mining site in the U.S. with a capacity of up to 75 MW. According to the Company's press release disclosed on June 15, 2022, the Project has commenced and is expected to be energized in stages from December 2022. The Company expects to deploy approximately 15,000 miners to the Project upon completion in phases. As of October 31, 2022, the total miners delivered and deployed by the Company were 4,250 and 3,190 respectively.Based on the current mining site development, the Company expects to deploy the remaining 1,060 miners in the fourth quarter of 2022. Once all 4,250 purchased miners are deployed, the total hash rate is expected to reach 403 Ph/s. Additionally, the Company is monitoring the market conditions and negotiating with miner manufacturers and traders for additional miner procurement opportunities to expand its capacity.
ENLV

Hot Stocks

08:38 EST Enlivex Therapeutics receives FDA clearance for Allocetra IND - Enlivex Therapeutics announced that the U.S. Food & Drug Administration has cleared an Investigational New Drug application to study Allocetra in patients with advanced solid malignancies. The FDA's Phase I/II clearance follows a recent announcement by the Company that the first patient has been dosed in a Phase I/II multi-center clinical trial in Israel designed to evaluate the safety, tolerability and preliminary efficacy of Allocetra stand-alone, and in combination with a PD1 checkpoint inhibitor, in patients with advanced solid tumors.
RBB

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08:38 EST Nasdaq notifies RBB Bancorp not in compliance with periodic filing requirement - RBB Bancorp announced that it has received a Notice from the Nasdaq Stock Market on November 21 notifying the Company that, because its Form 10-Q for the third quarter ended September 30 was not filed with the Securities and Exchange Commission by the required due date of November 9 the Company is therefore not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1). This Notice received has no immediate effect on the listing or trading of the Company's shares on the Nasdaq Global Select Market, although there can be no assurances that further delays in the filing of the Forms 10-Q will not have an impact on the listing or trading of the Company's common stock. The Company expects to be in compliance by December 15 and if necessary, intends to submit to Nasdaq the compliance plan by January 20.
RELI

Hot Stocks

08:37 EST Reliance Global enters referral partnership with Eastern Union - Reliance Global Group announced that it has entered into a referral partnership with Eastern Union Funding. Under the agreement, RELI Exchange agency partners will now be able to refer clients to Eastern Union for commercial real estate financing, including multi-family and commercial structures.
SABR MA

Hot Stocks

08:36 EST Sabre, Conferma, MasterCard enter partnership to accelerate virtual card use - Sabre (SABR) and Conferma Pay announced a new partnership with Mastercard (MA) to accelerate the use of virtual cards for business-to-business, B2B, travel payments. Today's announcement builds on Sabre's August 2022 acquisition of Conferma Pay. The collaboration with Mastercard is the next step in advancing Sabre's goal to create an open and independent travel payment ecosystem. Digitization of travel payments with virtual cards helps address the historic challenges associated with B2B leisure and corporate travel payments. The securely generated, single use card numbers provide a link between booking and associated payments to third party suppliers. "The payments industry is in the midst of a revolution and there is an increased need for travel companies to better manage the whole payment experience," said Roshan Mendis, Executive Vice President and Chief Commercial Officer, Sabre Travel Solutions. "Companies in the travel space - including travel management companies, travel agencies, corporations, issuers and technology partners - need sophisticated solutions and seamless connections. Sabre is taking strategic steps to fulfill the needs of our industry, beginning with the acquisition of Conferma Pay. Now, the new partnership with Mastercard will help Conferma Pay to build new and enhanced digital capabilities in virtual cards, transforming the payment experience for issuers." As part of the agreement, Mastercard has agreed to make a minority investment in Conferma Pay, which will continue to operate independently and serve the entire travel industry and beyond. Mastercard's investment in Conferma Pay is subject to customary closing conditions.
HAIN

Hot Stocks

08:36 EST Hain Celestial appoints Wendy Davidson as president, CEO - The Hain Celestial Group announced a leadership succession plan, naming Wendy Davidson as President and CEO, effective January 1, 2023. As part of a planned transition, Mark Schiller will continue to serve as President and CEO until December 31, 2022, at which point, he will become a non-executive director on the Board and will serve as an ongoing resource to Ms. Davidson. Ms. Davidson has also been appointed as a member of the Company's Board of Directors, effective January 1, 2023, increasing the size of the Board of Directors to nine directors. She most recently served as President of the Americas for Glanbia Performance Nutrition.
VRSSF

Hot Stocks

08:34 EST Verses Technologies enters partnership with Blue Yonder - VERSES Technologies announced its partnership with Blue Yonder. VERSES is expected to equip and empower warehouses and distribution centers with adaptive intelligence and Spatial Twin management applications designed to generate a unified real time world model in order to better simulate and orchestrate workflow optimization, verifiable traceability, and intelligent automation.
NAVB

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08:34 EST Navidea enrolls 50th participant in Phase 3 trial in Rheumatoid Arthritis - Navidea Biopharmaceuticals announced enrollment of the 50th participant in the Company's pivotal NAV3-33 Phase 3 clinical trial titled "Evaluation of Tc 99m Tilmanocept Imaging for the Early Prediction of Anti-TNFa Therapy Response in Patients with Moderate to Severe Active Rheumatoid Arthritis" This Phase 3 trial will establish the ability of Tc99m tilmanocept imaging to serve as an early predictor of treatment response in rheumatoid arthritis patients switching to an anti-TNFa therapy, addressing a large unmet medical need. Overall trial size will range from 198-672 patients, with enrollment targeted to achieve a minimum of 100 clinical responders to anti-TNFa therapy and 98 non-responders. Rheumatoid arthritis is a serious and potentially debilitating disease. The standard practice of treating RA is to monitor patients starting new RA therapies over a course of three to six months and, in those patients for which the new therapies prove to be ineffective, to change their treatments to an alternative therapy. This trial-and-error process of appropriate treatment selection may take several months to more than a year to arrive at an adequate treatment for any RA patient. Imaging with Tc99m tilmanocept, a synthetic molecule with high affinity to CD206 receptors expressed on activated macrophages, offers the potential to provide an early predictor of clinical response by providing an objective, quantifiable readout of changes in macrophage density in the joints of patients undergoing initiation or change of therapy. These macrophage density changes may be observable weeks before disease modification can be detected with standard clinical assessments. Additionally, in patients with a low-macrophage type of RA who have been shown to be less responsive to anti-TNFa therapy, an initial baseline scan alone could point their physicians to another therapy type that has a better chance of success than an anti-TNFa.
SVRE

Hot Stocks

08:34 EST SaverOne 2014 announces entire truck fleet to install SaverOne System - SaverOne 2014 announced that following a successful trial, a leading global chemical manufacturer headquartered in Israel with over fifty production sites across multiple countries will equip its entire fleet of trucks with the SaverOne System to protect against mobile phone-caused distraction. Following extensive tests across a small portion of its fleet, the customer has signed-up its entire fleet, amounting to seventy heavy duty trucks to the SaverOne Protection System. Ori Gilboa, CEO of SaverOne commented, "We are particularly proud that this caliber of customer decided to protect its entire fleet with our system following their initial trial. They join many other leading corporates with a strong commitment to driver safety and a belief in our value proposition. Furthermore, we are discussing with the customer into expanding the project into the private vehicles of the employees throughout the world, representing significant further potential and ongoing upside from this win."
ICAD...

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08:33 EST iCAD, Google Health enter development, commercialization agreement - iCAD (ICAD) announced a strategic development and commercialization agreement with Google Health (GOOG, GOOGL) to integrate its artificial intelligence technology into iCAD's portfolio of breast imaging AI solutions. Marking the first commercial partnership Google Health has entered into to introduce its breast imaging AI into clinical practice, the companies will work together to enhance iCAD's market-leading breast cancer AI solutions for mammography and expand access to the technology to millions of women and providers worldwide. iCAD will also leverage Google Cloud's secure, scalable infrastructure, accelerating the time to market for iCAD's cloud-hosted offerings. Under the definitive agreement, Google has licensed its AI technology for breast cancer and personalized risk assessment to iCAD. iCAD will apply the licensed technology to further improve its 3D and 2D AI algorithms and will commercialize developed products.
SPCB

Hot Stocks

08:33 EST SuperCom wins new project in Northern California valued up to $4.25M - SuperCom announced that its fully-owned subsidiary, Leaders in Community Alternatives, LCA, has won a new project contract with a Northern California county to provide adult reentry services. LCA has provided services in this county for many years, including adult day reporting services and electronic monitoring. This new project, which expands the scope of reentry services from several community-based sites to now also include jail-based sites, is valued at up to $4.25 million over 5 years, or approximately $850,000 estimated per year, consisting of an initial 3-year term with two optional one-year extensions. Project launch and generation of recurring revenues are expected to commence in the first half of 2023. "The win of another project in this county, where LCA has been providing services since 2012, is a testament to the inherent value of our unique offerings and the quality of the relationships we maintain with our customers. We attribute this win to our successful track record of creating customized programs that best suit the needs of public agencies by addressing specific criteria related to reducing recidivism, improving public safety, and providing services related to substance abuse, pro-social thinking, and ultimately, changing lives," commented Ordan Trabelsi, President and CEO of SuperCom,
SELB TARA

Hot Stocks

08:32 EST Selecta Biosciences appoints Blaine Davis as CFO - Selecta Biosciences (SELB) announced the appointment of Blaine Davis as CFO, effective today, November 28, 2022. Prior to joining Selecta, Mr. Davis served as CFO of Protara Therapeutics (TARA), where he built the finance function from the ground up across all financial verticals.
THER

Hot Stocks

08:31 EST Theratechnologies achieves CAP accreditation for laboratory in Colorado - Theralink Technologies announced that the Company has received College of American Pathologists, CAP, Accreditation for its Reverse Phase Protein Array laboratory in Golden, Colorado. The Accreditation Committee of the College of American Pathologists has awarded accreditation to the Theralink Technologies' laboratory based on results of a recent on-site inspection as part of its Accreditation review system. "This is a major milestone for Theralink, as we now have the only commercial Reverse Phase Protein Array laboratory in the United States with CAP accreditation for our Next Generation Proteomic services," said Mick Ruxin M.D., CEO of Theralink Technologies. "Theralink is now both CLIA-certified and CAP-accredited, demonstrating that our test results and laboratory processes are meeting and exceeding industry standards for clinical testing. CAP accreditation is the champion of laboratory excellence, and cancer patients will potentially benefit with our accreditation."
LNTH

Hot Stocks

08:29 EST Lantheus announces China NMPA approval of DEFINITY - Lantheus Holdings announced that the Center for Drug Evaluation of China's National Medical Products Administration has approved the Import Drug License for Perflutren Lipid Microsphere Injectable Suspension the Company's diagnostic ultrasound enhancing agent for patients with suboptimal echocardiograms. The Company's partner, China Resources Double-Crane Pharmaceutical, will be responsible for commercializing DEFINITY in China under a local brand name. Under the distribution agreement, Lantheus will supply DEFINITY to CR Double-Crane for a launch in China. With this approval, DEFINITY is indicated in China for use in patients with suboptimal conventional echocardiography and to better identify the left ventricular endocardial border. Lantheus entered into a development and distribution arrangement with CR Double-Crane for the commercialization of DEFINITY in China, Hong Kong and Macau. As part of the agreement with Lantheus, CR Double-Crane conducted confirmatory clinical trials with DEFINITY on Lantheus' behalf in pursuit of cardiac, liver and kidney imaging indications, as well as a pharmacokinetic study.
NKOSF

Hot Stocks

08:28 EST Labrador Gold announces results from drilling at Appleton Fault Zone - Labrador Gold announced results from recent drilling targeting the prospective Appleton Fault Zone over a 12km strike length. The drilling is part of the Company's ongoing 100,000 metre diamond drilling program at its 100% owned Kingsway Project. Highlights of the drilling include an intersection of 8.60g/t Au over 4.41 metres from 326.89 metres that included 53.52g/t Au over 0.31 metres in Hole K-22-211 that contains visible gold, and 1.31g/t Au over 7 metres from 270 metres including 8.49g/t Au over 0.91 metres in Hole K-22-207 from Big Vein Southwest. Hole K-22-202, drilled at the northeast end of Big Vein, intersected 5.68g/t Au over 2.65 metres from 189.7 metres that included 18.27g/t Au over 0.78 metres. Hole K-22-211 was collared 40 metres southwest of Hole K-22-174 that intersected 284.1 g/t Au over 0.58 metres and 15.05g/t Au over 1.11 metres (see News Release dated July 7, 2022) and extends the mineralized zone further to the Southwest. "We continue to have drilling success at both ends of Big Vein which has now been drilled over a strike length of approximately 520 metres and remains open in both directions. In particular, the high grade zone containing visible gold at Big Vein Southwest continues to expand," said Roger Moss, President and CEO. "Two drill rigs continue drilling at Big Vein to test for extensions of the mineralization in both directions. Drilling will continue through the winter."
CLNN

Hot Stocks

08:27 EST Clene announces presentation of VISIONARY-MS trial results at PACTRIMS - Clene announced that the VISIONARY-MS trial results were featured as a platform presentation by Professor Michael Barnett, MBBS FRACP PhD at the 14th Annual Singapore Pan-Asian Committee on Treatment and Research in Multiple Sclerosis Congress held November 24-26. The platform presentation titled, "VISIONARY-MS Top-line Results: A Phase 2, Randomized, Double-Blind, Parallel Group, Placebo-Controlled Study to Assess the Safety and Efficacy of CNM-Au8, a Catalytically Active Gold Nanocrystal Suspension in Relapsing Multiple Sclerosis," provided proof-of-concept evidence for global neurological improvement as assessed by the modified Multiple Sclerosis Functional Composite, evaluating low contrast vision, cognition, upper extremity function, and walking speed with CNM-Au8 as adjunct to approved background immunomodulatory disease modifying therapies in stable MS patients. VISIONARY-MS investigated the efficacy and safety of CNM-Au8 versus placebo over 48 weeks in stable relapsing remitting MS participants with chronic optic neuropathy. Nearly all participants were treated with highly effective DMTs as background standard of care. The primary endpoint, evaluating change in low contrast letter acuity compared to placebo at week 48, demonstrated significant improvement. Secondary endpoint of global neurological improvement, the modified Multiple Sclerosis Functional Composite, mean standardized change compared to placebo at week 48, demonstrated significant improvement. Consistent improvements favoring CNM-Au8 were observed across paraclinical biomarkers, including multifocal visual evoked potential amplitude and latency, measurements of retinal structure with optical coherence tomography, and novel MRI endpoints examining myelin and axonal integrity. These data provided consistent supportive evidence from neurophysiology, retinal imaging, and novel MRI markers for the potential neuroprotective and remyelinating effects of CNM-Au8 treatment. Placebo treated patients generally worsened across clinical and paraclinical measures during the 48-week period. CNM-Au8 was well-tolerated, and no significant safety findings were observed. As announced in February 2022, the VISIONARY-MS trial was stopped prematurely due to COVID-19 pandemic operational challenges, enrolling 73 out of the 150 planned participants. Due to limited enrollment, the threshold for significance was pre-specified at p=0.10 prior to database lock and submitted to the FDA in the statistical analysis plan. The primary analysis was conducted in the modified intent to treat population, which censored invalid data, including data from a single site with LCLA testing execution errors, and the timed 25-foot walk data from one subject at another site with a change in mobility assist device. The ITT results incorporating the invalid data were not significant, though directionally consistent with the mITT results.
CEMI

Hot Stocks

08:25 EST Chembio announces FDA CLIA waiver submission for DPP HIV-Syphilis System - Chembio Diagnostics announced the submission to the U.S. Food and Drug Administration for a Clinical Laboratory Improvement Amendments waiver for the DPP HIV-Syphilis System. Co-infection rates of HIV and syphilis are on the rise, according to the CDC, and individuals with an active syphilis infection have an estimated two- to five-fold increased risk of contracting HIV if exposed to that virus. The CDC has also reported that untreated syphilis in pregnant women who contracted the disease during the four years prior to delivery can lead to infection of the fetus in up to 80% of cases and may result in stillbirth or infant death in up to 40% of cases. Congenital syphilis is a preventable disease that could be significantly reduced through effective prenatal testing of women of childbearing age and treatment of infected pregnant women. Chembio's DPP HIV-Syphilis System assists clinicians in diagnosing both HIV and syphilis while patients are still under care at the testing location. The System is a multiplex, single-use, 15-minute test that is designed, in combination with our Micro Reader analyzer, to simultaneously detect antibodies to HIV types 1 and 2 and Treponema pallidum, the bacteria that causes syphilis. The test uses a small, 10-microliter sample of fingerstick whole blood, venous whole blood, or plasma.
CDTX

Hot Stocks

08:24 EST Cidara Therapeutics, Melinta announce publication on ReSTORE trial of rezafungin - Cidara Therapeutics announced the peer-reviewed publication of data from the completed pivotal ReSTORE Phase 3 clinical trial evaluating the efficacy and safety of its once-weekly antifungal candidate rezafungin as a potential treatment for candidemia and invasive candidiasis. The data, published in The Lancet titled, "Rezafungin versus caspofungin for treatment of candidaemia and invasive candidiasis: a multicentre, double-blind, double-dummy, randomised phase 3 trial," demonstrate the statistical noninferiority of rezafungin dosed once-weekly, versus the current standard of care caspofungin, dosed once-daily. Melinta announced earlier this year that it had acquired the exclusive rights to commercialize rezafungin in the U.S. from Cidara. Cidara reported positive topline results from ReSTORE in December 2021. Rezafungin met the primary endpoint for the U.S. Food and Drug Administration New Drug Application submission of all-cause mortality at Day 30, and also met the primary endpoint for the European Medicines Agency Marketing Authorization Application submission of global cure at Day 14. In the study, researchers evaluated one 400 milligram dose of rezafungin for the first week followed by 200 mg of rezafungin dosed once-weekly for up to four weeks in total. Rezafungin was generally well tolerated and had a similar safety profile to caspofungin. The FDA has accepted for filing and granted Priority Review to Cidara's NDA for rezafungin for the treatment of candidemia and invasive candidiasis. The FDA has assigned a Prescription Drug User Fee Act target action date of March 22, 2023, enabled by rezafungin's designation as a Qualified Infectious Disease Product and has indicated that the application will be discussed during a scheduled meeting of the Antimicrobial Drugs Advisory Committee on January 24, 2023. Cidara retains the rights to rezafungin in Japan and in addition to licensing the commercial rights to Melinta in the U.S., has licensed the commercial rights in all other geographies to Mundipharma.
FTHWF

Hot Stocks

08:21 EST Field Trip Health updates time for Q2 earnings results - Field Trip Health & Wellness announced that it now plans to release financial results for its fiscal 2023 second quarter for the three-month period ended September 30, 2022, after market close on Tuesday, November 29, 2022. The Company will conduct a conference call and webcast to discuss its results the following morning, Wednesday, November 30, 2022 at 8:30 a.m. ET. The Company moved the call in order to accommodate investors following the Thanksgiving holiday in the U.S.
CFRX

Hot Stocks

08:20 EST ContraFect announces ANSM approval of CTA for exebacase - ContraFect Corporation announces that ANSM, the French National Agency for the Safety of Medicines and Health Products, has authorized its Clinical Trial Application for the study of intra-articularly administered exebacase, in the setting of a minimally-invasive arthroscopic debridement, antibiotics, irrigation, and retention procedure in patients with chronic prosthetic joint infection of the knee due to Staphylococcus aureus or Coagulase-Negative Staphylococci. The Phase 1b/2 study of exebacase is a randomized, double-blind, placebo-controlled two-part clinical study to be conducted in France to assess the efficacy and safety of exebacase in the setting of an arthroscopic DAIR procedure in patients with chronic PJI of the knee due to S. aureus and/or CoNS. Part 1 will evaluate the safety, PK, clinical outcomes, and microbiologic response in patients through Day 42. Up to 2 dose levels of intra-articularly administered exebacase in addition to systemic antibiotics will be studied in up to 2 patient cohorts. Part 2 will consist of a long-term follow-up study of safety and efficacy parameters in patients who complete Part 1 of the study. Follow-up assessments will be performed on Days 90, 180, 360 and 720.
VCNX

Hot Stocks

08:19 EST Vaccinex announces $3.8M private placement - Vaccinex announced that on November 23, 2022, the company closed the private placement of an aggregate of 7,142,496 shares of its common stock at a purchase price of $0.5293 per share for aggregate gross proceeds of approximately $3.8 million. The private placement was conducted pursuant to the terms of a stock purchase agreement originally entered into on November 18, 2022. No warrants, derivatives, or financial covenants are associated with the stock purchase agreement. Participants in the private placement included entities controlled by Dr. Maurice Zauderer, President and CEO of Vaccinex, and Albert D. Friedberg, Chairman of Vaccinex's board of directors, as well as an entity controlled by Jacob Frieberg, a member of Vaccinex's board of directors, and Gerald E. Van Strydonck, another member of Vaccinex's board of directors. These investors collectively purchased $2.9 million worth of shares, and investors unaffiliated with Vaccinex purchased the remaining shares. Vaccinex intends to use the net proceeds from the private placement to fund the ongoing development and clinical trials of its lead drug candidate, pepinemab, in cancer and neurodegenerative disease and for working capital and general corporate purposes. In connection with the private placement, on November 22, 2022, Vaccinex entered into a registration rights agreement with certain of the private placement investors. Pursuant to the terms of the registration rights agreement, Vaccinex agreed to, among other things, use its reasonable best efforts to file with the Securities and Exchange Commission a registration statement covering the resale of the shares.
GROM

Hot Stocks

08:18 EST Grom Social's Curiosity Ink Media announces Santa.com exclusive product drop - Grom Social Enterprises' Curiosity Ink Media is celebrating Cyber Monday by offering the first 250 shoppers who purchase $150 or more in the site's e-commerce marketplace will receive a limited-edition, handcrafted glass Santa Claus ornament valued at $59.99.
CPPMF HMY

Hot Stocks

08:17 EST Copper Mountain receives bondholder approval for sale of Eva Copper project - Copper Mountain Mining (CPPMF) announces that it has received bondholder approval under its US$250 million senior secured bonds for the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia to Harmony Gold Mining (HMY). The receipt of Bondholder Approval is a condition to the closing of the Transaction. The closing of the Transaction remains subject to certain customary conditions, including Harmony obtaining written correspondence from the Foreign Investment Review Board in Australia that the Australian Government has no objections under the Foreign Acquisitions and Takeovers Act 1975. The Transaction is expected to close no later than the first quarter of 2023. Summary of Bond Buyback Offer: In connection with obtaining the Bondholder Approval, the Company has agreed, within 30 days after completion of the Transaction, to: Pay a one-time amendment fee of 0.25% of the nominal amount of the outstanding Bonds, on a pro rata basis, to the bondholders; and Make an offer to buyback Bonds for an aggregate minimum principal amount of US$87,000,000 at an offered price of 103.00 per cent of the nominal amount of the Bonds. The Buyback Offer will be funded by a portion of the aggregate net cash proceeds CMMC expects to receive from the gross US$170,000,000 cash consideration payable by Harmony on completion of the Transaction.
CRNX

Hot Stocks

08:17 EST Crinetics says CRN04777 study not yet permitted to proceed - Crinetics Pharmaceuticals provided an update on its development program for CRN04777, an investigational, oral somatostatin receptor type 5 agonist being developed as a treatment for congenital hyperinsulinism. On October 24, 2022, Crinetics submitted an Investigational New Drug application to the United States Food and Drug Administration to initiate the first U.S. clinical study of CRN04777, which is designed to evaluate the compound in a pediatric population. On November 22, 2022, the FDA informed the company via telephonic communication that the proposed Phase 2 clinical study was not yet permitted to proceed. The FDA indicated that it would provide the company with the basis for its decision within 30 days. Crinetics plans to engage with the FDA to understand the additional information or clarifications that may be required before the FDA will allow the study to proceed. CRN04777 was previously evaluated in 78 adult healthy volunteers in a Phase 1 single- and multiple-ascending dose clinical trial under a Clinical Trial Application in Germany. Results from these studies showed CRN04777 was well tolerated at doses from 30 mg to 120 mg. No serious adverse events were reported and no discontinuations due to adverse events occurred. All adverse events were considered to be mild to moderate.
CGTX

Hot Stocks

08:15 EST Cognition Therapeutics highlights Phase 2 SHIMMER Study at CTAD - Cognition Therapeutics announced that the rationale and design of the Company's ongoing SHIMMER clinical trial of CT1812 will be presented at the 2022 Clinical Trials in Alzheimer's Disease conference. The Phase 2 SHIMMER study is intended to assess the safety, tolerability, and efficacy of CT1812 in individuals with dementia with Lewy bodies. CT1812 is a novel oral, once-daily small-molecule therapeutic designed to protect neurons from pathogenic forms of proteins such as alpha-synuclein and beta amyloid by preventing oligomers from binding to synapses. There are currently no approved treatments for DLB, which impacts an estimated 1.4 million people in the United States, making it the second most common form of dementia. Patients may present with symptoms including cognitive or motor deficits, or changes in behavior, which can masquerade as other conditions, making it challenging to correctly diagnose DLB. It is believed that aggregated forms of alpha-synuclein and Abeta bind to neurons, triggering failures in protein trafficking and other key cellular functions. Such a catastrophic failure in cellular function eventually leads to the loss of neurons, driving disease pathology and giving rise to the constellation of symptoms associated with DLB. The Company is conducting the study in collaboration with James E. Galvin, MD, MPH, director of the Comprehensive Center for Brain Health at the University of Miami Miller School of Medicine and the Lewy Body Dementia Association with non-dilutive grant funding of approximately $30 million from the National Institute on Aging. The SHIMMER study is being conducted at over 30 sites in the United States, many of which are LBDA centers of excellence. The Phase 2 SHIMMER trial will enroll approximately 120 adults with mild-to-moderate DLB, who will be randomized to receive placebo or once-daily oral doses of CT1812 for six months. In addition to safety, this study will compare changes in cognitive performance and physical activity using an innovative Clinical Global Impression of Change tool that has been modified to provide DLB-specific prompts on cognition, motor, behavioral, sleep and autonomic features.
JAZZ

Hot Stocks

08:14 EST Jazz to present six presentations on advancements in epilepsy outcomes - Jazz Pharmaceuticals announced that six company-sponsored Epidiolex oral solution presentations, including three late-breaking abstracts, will be shared at the upcoming 2022 American Epilepsy Society, AES, annual meeting, which will be held December 2-6, 2022, in Nashville, TN. "We understand the significant, lifelong implications of severe, childhood-onset epilepsy on both patients and their families. We continually strive to improve patient outcomes and are proud to present data that includes caregiver-reported insight into Epidiolex's effects on seizure and non-seizure outcomes in both children and adults living with Lennox-Gastaut Syndrome and Dravet Syndrome," said Kelvin Tan, MB BCh, MRCPCH, senior vice president and chief medical officer of Jazz Pharmaceuticals. "In addition, we are sharing long-term Phase 3 trial findings which demonstrate Epidiolex's ability to reduce tuberous sclerosis complex-related seizures over the course of three years of treatment - further underscoring that Epidiolex is an important treatment option in an area with significant unmet patient need." Presentation highlights include: Two Late Breaker Abstracts Featuring Subgroup Analysis of BECOME Caregiver Survey Results: The BECOME survey is a global outcomes survey of caregivers of patients with LGS or DS that characterized and quantified the seizure and non-seizure outcomes of Epidiolex treatment. The results demonstrate that a substantial proportion of the caregivers of people with LGS or DS treated with Epidiolex reported improvements in many patients' seizure and non-seizure outcomes, regardless of age group. Long-term Safety and Efficacy of Add-on Cannabidiol for Seizures Associated with Tuberous Sclerosis Complex: 3-Year Results From GWPCARE6 Open-Label Extension: Findings suggest that long-term, add-on Epidiolex treatment was well tolerated and demonstrated sustained reductions in TSC-associated seizures in patients for up to 156 weeks. REST LGS TOOL: The Refractory Epilepsy Screening Tool for LGS patients was designed to improve identification and treatment of patients with LGS. Using REST-LGS, this study identified that over half of the individuals without a previous LGS diagnosis should be referred for further diagnostic evaluation at a specialized epilepsy center, and further validated the REST-LGS for the identification of potential LGS patients with DRE and IDD.
IXHL ERFSF

Hot Stocks

08:13 EST Incannex engages Eurofins to manufacture CannQuit-N, CannQuit-O - Incannex Healthcare (IXHL) engaged multinational contract development and manufacturing organisation Eurofins Scientific (ERFSF) to manufacture Incannex's two distinct medicated chewable products designed to treat nicotine and opioid addiction disorders. The CannQuit products are combination drug assets with associated granted patents and patent applications that were transferred to Incannex as a result of the acquisition of APIRx Pharmaceuticals, completed in August of 2022. Eurofins will undertake formulation development and manufacture of CannQuit Nicotine and CannQuit Opioid.
PRAX

Hot Stocks

08:11 EST Praxis to advance PRAX-562 Phase 2 study in pediatric patients - Praxis Precision Medicines announced plans to initiate the PRAX-562 Phase 2 EMBOLD study for the treatment of pediatric patients with developmental and epileptic encephalopathies, following U.S. Food and Drug Administration authorization to proceed with the study as proposed by Praxis, up to the planned maximum dose of 1.0 mg/kg/day. The EMBOLD Study is expected to initiate in the U.S in the first quarter of 2023, with two distinct cohorts in early-onset SCN2A-DEE and SCN8A-DEE patients. Topline results for both cohorts are expected in the second half of 2023. The EMBOLD Study is a randomized, double-blind, placebo-controlled Phase 2 clinical trial to evaluate the safety, tolerability, efficacy and pharmacokinetics of PRAX-562 in pediatric participants aged 2 to 18 years with DEEs, followed by an open-label extension. Approximately 20 participants will be enrolled in a total of 2 distinct cohorts.
UCL

Hot Stocks

08:10 EST uCloudlink signs MoU with APOLLO EV to provide in-vehicle network connectivity - UCLOUDLINK announced that the Company has signed a memorandum of understanding, MoU, with APOLLO EV, initiating cooperation in the field of Internet of Vehicles, which need high-quality data connectivity solutions. Pursuant to the MoU, UCLOUDLINK will provide seamless and high-quality data connectivity solutions for Apollo EV by installing products or integrating IoT modules with GlocalMe Inside implementations on Apollo EV's vehicles. The two parties will sign contracts in the future to specify detailed products and services. "We are pleased to announce the signing of this MoU with Apollo EV, marking a significant step for UCLOUDLINK to enter the Internet of Vehicle space with our products and IoT modules installed on Apollo EV's new energy vehicles. Apollo EV focuses on the Southeast Asia market with a huge growth potential for electric vehicles demands, and we are happy to initiate the partnership through which we expand the application scenario of our IoT modules and HyperConn solution. We look forward to working closely with Apollo EV to address its data connectivity needs and to extending this partnership in the future. We believe this serves as a great opportunity for us to expand our footprint in the field of IoT sector for 'Always Better Connection', and we expect to provide our seamless and high-quality data connectivity solutions to more players in the new energy vehicle area by establishing a global PaaS and SaaS platform ecosystem," said Chaohui Chen, CEO of UCLOUDLINK.
LCTX RHHBY

Hot Stocks

08:10 EST Lineage Cell announces Genentech launch of OpRegen study for GA - Lineage Cell Therapeutics (LCTX) announced that its partner Genentech, a member of the Roche Group (RHHBY), has launched a Phase 2a, multicenter, open-label, single arm clinical study of RG6501 a retinal pigment epithelial cell therapy. The study is intended to optimize subretinal surgical delivery and evaluate the safety and activity of OpRegen in approximately 30, and up to 60 patients with geographic atrophy GA secondary to age-related macular degeneration. The primary objectives of the study are to evaluate (i) the proportion of patients with subretinal surgical delivery of OpRegen to target regions under the retina, and (ii) to evaluate the safety of subretinal surgical delivery of OpRegen as measured by the incidence and severity of procedure-related adverse events at 3 months following surgery. A key secondary objective is to evaluate the proportion of patients with qualitative improvement in retinal structure, as determined by Optical Coherence Tomography imaging, within 3 months following surgery. RG6501, OpRegen, is currently being developed under an exclusive worldwide collaboration between Lineage, Roche and Genentech. "We are excited for the launch of this Phase 2a study, where one of the key objectives is to optimize the delivery of OpRegen to achieve the best outcomes," stated Seppi Lin, Vice President of OMNI Early Clinical Development at Genentech. "This study will provide key insights for the future development of the OpRegen program. Geographic Atrophy, GA , secondary to AMD is a disease area of high unmet need with no approved therapies, and we are committed to developing effective and innovative medicines for patients with serious eye diseases."
ARQT

Hot Stocks

08:10 EST Arcutis Biotherapeutics announces publication of data on roflumilast cream - Arcutis Biotherapeutics announced the publication of patient-reported outcome itch data from its Phase 2b study evaluating once-daily roflumilast cream in adults with chronic plaque psoriasis. The study, which was published online in the American Journal of Clinical Dermatology shows that those treated with roflumilast cream 0.3% experienced significantly greater improvements in WI-NRS as well as severity and bother of itch by the earliest timepoint measured, Week 2, and itch-related sleep loss from Weeks 6 through 12, than those treated with vehicle. Roflumilast is a selective, highly potent phosphodiesterase-4 inhibitor, with greater affinity for PDE4 and approximately 25- to greater than300-fold more potency than other FDA-approved PDE4 inhibitors. In the parallel-group, double-blind, vehicle-controlled phase 2b clinical trial, 331 subjects ranging from ages 18 to 89 years were randomized to roflumilast 0.3% cream, roflumilast 0.15% cream or vehicle in a 1:1:1 ratio. Roflumilast cream or vehicle was applied once daily to all psoriasis lesions for 12 weeks. Improvement in WI-NRS was greater in individuals treated with roflumilast cream in both arms compared to vehicle beginning at Week 2, the first timepoint measured. Among a subgroup of participants with a baseline WI-NRS greater than6, significantly more of those treated with roflumilast 0.3% achieved an improvement of greater than or equal to4 compared to vehicle by Week 2. Those treated with roflumilast cream in both arms reported greater improvements in severity of itch and bother of itch, as measured by PSD, compared to vehicle at Weeks 2 to 12. Additionally, both roflumilast-treated groups experienced similar improvements in itch-related sleep loss as measured by itch-related sleep loss NRS, which was greater than the vehicle-treated group beginning at Week 6. Improvement on the Dermatology Life Quality Index Score was observed at Week 6 for those treated with roflumilast cream 0.3% compared to those treated with vehicle and for both roflumilast-treated groups at Week 12.
PATK

Hot Stocks

08:08 EST Patrick Industries completes acquisition of Transhield - Patrick Industries announced that it has completed the acquisition of Transhield, a premier designer and manufacturer of customized and proprietary protection solutions for the marine, military and industrial markets. "We are extremely excited to partner with Jim Glick, Matt Peat and the entire Transhield team," said Andy Nemeth, Chief Executive Officer of Patrick. "Transhield's innovative and quality product solutions have significant potential across multiple market sectors, and their culture, spirit, and industry reputation for customer service are an ideal fit within our portfolio of companies and independent brands. As with previous acquisitions, we will provide a financial and operational foundation that will allow Transhield to continue to drive its strategic vision and capitalize on its core competencies." The acquisition is expected to be immediately accretive to net income per share. The business will continue to operate on a stand-alone basis under the Transhield name in its existing facilities.
BDRBF

Hot Stocks

08:08 EST Bombardier Defense to begin special mission modification package in Kansas - Bombardier Defense celebrated the arrival of a Global 6000 aircraft in Wichita, Kansas as part of the next phase of the company's contract to support Lufthansa Technik's participation in the HENSOLDT-led PEGASUS program of the German armed forces. Bombardier Defense will utilize its expertise to perform major structural modifications to accommodate the "Kaltron Integral" signal intelligence system developed by HENSOLDT, which collects and analyzes military signals from radar and radio systems. The integration of this system will subsequently be performed at Lufthansa Technik's special mission aircraft competence centre in Hamburg, Germany. Bombardier has previously delivered three Global 6000 jets to Lufthansa Technik since the aircraft was selected for the program in 2020.
VSAT

Hot Stocks

08:07 EST ViaSat-3 satellite completes final integrated satellite test - ViaSat announced the ViaSat-3 Americas satellite has completed its Final Integrated Satellite Test, FIST, and has now progressed to the Flight Final phase of integration where it is undergoing final build-up to its flight configuration. FIST is designed to test all the satellite's payload and bus systems to confirm they function properly following the stresses of mechanical environmental testing, which simulated the launch of the spacecraft. The satellite had already successfully completed mechanical environmental testing and thermal vacuum testing that simulated vacuum and extreme hot and cold conditions of space where the satellite will operate during its expected 15-year lifetime. "With the completion of the Final Integrated Satellite Test, we now have final confirmation that the satellite design and build process has produced a spacecraft that is ready for launch. We can now progress to the final buildup for flight and look forward to finishing the satellite soon and preparing it for transport from Boeing's facility in El Segundo, California to Cape Canaveral, Florida," said Dave Ryan, president of Space & Commercial Networks at Viasat.
NSPR

Hot Stocks

08:06 EST InspireMD announces '12 Days of Carotid Stenting' video series - InspireMD announced a video series, "12 Days of Carotid Stenting," which will feature leading multidisciplinary vascular specialists discussing the current and future trends in the carotid treatment market. The series will be available for viewing beginning on Monday, November 28, 2022.
AEM

Hot Stocks

08:06 EST Agnico Eagle publishes first climate action report - Agnico Eagle Mines reports that it has released its first Climate Action Report, aligned with the Task Force on Climate-related Financial Disclosures recommendations. The Company is committed to be Net-Zero by 2050 in absolute Scope 1 and Scope 2 carbon emissions and, to this end, it has set an interim carbon reduction target of 30% of 2021 Scope 1 and Scope 2 greenhouse gas emissions by 2030. "The risks associated with a changing climate have never been clearer and we understand the importance of managing these risks to build a better business, capitalize on future opportunities and communicate effectively with our stakeholders," said Agnico Eagle's President and CEO Ammar Al-Joundi. "We hold ourselves accountable to high ESG standards and have strategies in place to adapt to and mitigate the impacts of climate change," added Al-Joundi.
IKNA

Hot Stocks

08:05 EST iKena Oncology announces new program in MEK-RAF inhibition - Ikena Oncology announced a next-generation mitogen-activated protein kinase (MEK)-RAF complex inhibitor, IK-595, has been nominated as the company's first development candidate in the RAS pathway. The RAS pathway is implicated in at least half a million new cancer diagnosis each year in the United States alone. Ikena aims to target the pathway on multiple levels, including preventing known resistance mechanisms to achieve deep and sustained responses. Ikena's new development candidate, IK-595, traps MEK and RAF in an inactive complex, more completely inhibiting RAS signals than existing inhibitors. IK-595's ability to complex CRAF, in particular, prevents a well-recognized signaling bypass mechanism that cancer cells employ to drive therapeutic resistance to other drugs in this class. In addition, trapping CRAF in an inactive complex prevents the kinase independent anti-apoptotic function in RAS and RAF mutant cancers, a mechanism that cannot be addressed with first generation MEK inhibitors or pan-RAF inhibitors. IK-595 is being developed as an oral therapy, with a half-life enabling a pharmacokinetic profile potentially superior to other drugs, with the goal of developing an optimal therapeutic window for patients. The company plans to submit an investigational new drug application for IK-595 to the US Food & Drug Administration in the second half of 2023. Development Highlights, Corporate Updates, and Upcoming Milestones: Advancing new development candidate, IK-595, through IND-enabling studies, targeting MEK-RAF through novel mechanisms aiming to address existing gaps in the MEK inhibitor space; Preclinical differentiation data planned for presentation in the first half of 2023; IND targeted in the second half of 2023; Progressing novel, paralog-selective transcriptional enhanced associate domain inhibitor, IK-930, in the clinic and further defining differentiation profile from panTEAD inhibition; Monotherapy program progressing as planned, advanced through multiple dose escalation cohorts; Preclinical data on differentiation and advantages of paralog selectivity planned for presentation in first half of 2023; Initiation of osimertinib combination cohort clinical program expected in first half of 2023; Initial clinical data from IK-930 monotherapy program expected in second half of 2023; Following a portfolio review, discontinuing the internal clinical development of the EP4 antagonist IK-007 and exploring strategic alternatives for this program; Clinical data from IK-007 in microsatellite stable colorectal cancer will be presented in a poster at 2022 European Society for Medical Oncology Immuno-Oncology Congress; Portfolio reprioritization and streamlining of discovery and clinical activities contribute to extension of cash runway into 2025; Runway does not include any potential licensing revenue from the aryl hydrocarbon receptor antagonist IK-175 program, currently in development in collaboration with Bristol Myers Squibb and eligible for opt-in through early 2024
CTRE

Hot Stocks

08:05 EST CareTrust REIT appoints James Callister Chief Investment Officer - The Board of Directors of CareTrust REIT announced the appointment of James Callister as Chief Investment Officer, to be effective as of December 31. Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period to pursue entrepreneurial opportunities. Mr. Callister currently serves as CareTrust's Executive Vice President.
KTRA

Hot Stocks

08:05 EST Kintara Therapeutics grants FTD from FDA for REM-001 - Kintara Therapeutics announced that the United States Food and Drug Administration, FDA, has granted Fast Track Designation, FTD, to Kintara's REM-001 Therapy for the treatment of patients with cutaneous metastatic breast cancer, CMBC. REM-001 was studied in four Phase 2/3 clinical trials in patients with CMBC who had previously received chemotherapy and/or failed radiation therapy. With clinical efficacy to-date of 80% complete responses of CMBC evaluable lesion. "The receipt of Fast Track Designation represents an important regulatory milestone for our REM-001 Therapy program," said Robert E. Hoffman, President and CEO of Kintara. "We believe this designation is a key component of our future clinical and regulatory strategy as we continue to seek funding, in particular grants, to restart REM-001 clinical development as soon as possible."
BAK

Hot Stocks

08:03 EST Braskem joins MIT Energy Initiative to advance energy transition - Braskem joined the MIT Energy Initiative to help support and fund relevant research to advance the energy transition. MITEI serves as MIT's hub for energy research, education, and outreach. In October 2021, the initiative launched the Future Energy Systems Center, a new research consortium designed to address the climate crisis and examine the role energy systems have in addressing it. "We are honored to join the MIT Energy Initiative alongside several leaders within the industrials space that share our dedication to creating a safer planet and a more sustainable future," said Joshua Taylor, Open Innovation Specialist at Braskem America. "Through this membership, we hope to gain insights that will support Braskem's sustainability journey as well as contribute to research that is critical to addressing the climate crisis and creating solutions to reimagine the world's energy systems."
BWAY

Hot Stocks

07:44 EST Brainsway reports open market stock purchases by two board members - BrainsWay reported that David Zacut, M.D., BrainsWay's Chairman of the Board of Directors, and Avner Hagai, an independent Director on BrainsWay's Board, separately purchased BrainsWay ordinary shares in recent open market purchases. Dr. Zacut purchased 431,797 ordinary shares on the open market for a total amount of 1,607,676 NIS, at an average price of approximately 3.72 NIS per share. Following this transaction, he holds 6.71 percent of the Company's total issued and outstanding shares. Mr. Hagai purchased 403,312 ordinary shares on the open market for a total amount of 1,581,048 NIS, at an average price of approximately 3.92 NIS per share. Following this transaction, he holds 6.49 percent of the BrainsWay's total issued and outstanding shares.
ZYNE

Hot Stocks

07:44 EST Zynerba announces publication of data from Phase 3 CONNECT-FX study - Zynerba Pharmaceuticals announced that the results from the Phase 3 CONNECT-FX study of Zygel for the treatment of behavioral symptoms in children and adolescents with Fragile X syndrome were published in the Journal of Neurodevelopmental Disorders. The paper titled, "A Randomized, Controlled Trial of ZYN002 Cannabidiol Transdermal Gel in Children and Adolescents with Fragile X Syndrome," details how Zygel was well tolerated in patients with FXS and demonstrated efficacy with a favorable benefit risk profile in patients with greater than or equal to90% methylation of the FMR1 gene, in whom gene silencing is most likely, and the impact of FXS is typically most severe. CONNECT-FX was a randomized, double-blind, multinational, 14-week study to evaluate the efficacy and safety of Zygel in children and adolescents aged 3 to 17 years. A total of 212 patients were randomized to 12 weeks of Zygel or placebo, as add-on to standard of care. The trial was conducted at 21 investigational centers in the U.S., Australia and New Zealand. The primary endpoint assessed change in social avoidance measured by the Aberrant Behavior Checklist-Community Edition FXS SA subscale in the full cohort of patients with full mutation FXS, regardless of the FMR1 gene methylation status. Ad hoc analyses assessed efficacy in patients with greater than or equal to90% and 100% methylation of the promoter region of the FMR1 gene, in whom FMR1 gene silencing is most likely. Although statistical significance for the primary endpoint was not achieved in the full cohort, significant improvement was demonstrated in patients with greater than or equal to90% methylation of FMR1, representing 80% of the overall study population. This group also achieved statistically significant improvements in Caregiver Global Impression-Change in SA and Isolation, Irritable and Disruptive Behaviors, and Social Interactions. Similar results were seen in patients with 100% methylation of FMR1, representing 65% of the study population. Zygel was generally well tolerated. All treatment-emergent adverse events were mild or moderate. The most common treatment-related TEAE was application site pain.
ODV

Hot Stocks

07:42 EST Brunswick Exploration signs option agreement with Osisko Development - Brunswick Exploration signed an option agreement with Osisko Development to acquire a 90% interest in the Anatacau Property located in the James Bay-Eeyou Istchee region of Quebec and which is host to lithium mineralization. Furthermore, one block of the Anatacau property is located just east of Allkem's James Bay Lithium deposit. The large Anatacau property package contains a total of 704 claims, representing 37,058 hectares. The property is accessible year-round and is located near KM 381 on the Billy Diamond Highway, and the west block of the Property is adjacent to Allkem's James Bay lithium deposit, which is host to a 40.3Mt Indicated Mineral Resource Estimate grading 1.4% Li2O and Reserves of 37.2Mt grading 1.3% Li2O. Drilling in 2018 by Galaxy Lithium intersected spodumene mineralization near the Property boundary. The Property has historically never been explored for lithium mineralization. Quebec government public records also indicate the presence of three spodumene-bearing pegmatite outcrops on the main block of the Property, one located approximately 22 kilometres ESE of the James Bay Lithium Deposit. The area will be prioritized for prospecting and trenching in summer 2023. BRW also expects to begin a drilling campaign in late Q1 2023 to test the potential for new lithium pegmatites along strike of those found on Allkem's property. The Option allows BRW to acquire a 90% interest in the Property for a total consideration of 4,000,000 shares over a two-year period, upon closing of the option agreement under the following terms: An initial payment of 500,000 shares, within five business days of the Effective Date of the Agreement; A payment of 1,500,000 shares, on or before the 1st year anniversary of the Effective Date of the Agreement; A payment of 2,000,000 shares, on or before the 2nd year anniversary of the Effective Date of the Agreement. In order to exercise the Option; Brunswick Exploration shall fund an aggregate amount of $3,000,000 in Work Expenditures in accordance with the following schedule: An aggregate of $500,000 before the 1st year anniversary of the Effective Date; An aggregate of $1,000,000 before the 2nd year anniversary of the Effective Date; An aggregate of $2,000,000 before the 3rd year anniversary of the Effective Date; An aggregate of $3,000,000 before the 4th year anniversary of the Effective Date. Upon execution of the Option, BRW will retain a right of first refusal on ODEV's 10% ownership. Furthermore, ODEV will not be expected to fund its pro-rata share of the exploration budget following the exercise of the Option until the construction of a mine.
DPRO

Hot Stocks

07:39 EST Bluevec selects Draganfly to create joint solutions for UAS threat detection - Draganfly announces that Bluvec has selected Draganfly to create joint solutions enabling specific Military and Civil UAS Threat Detection Intervention. Draganfly and Bluvec will collaborate to develop joint solutions for counter-drone technology to improve threat detection management and intervention, particularly at crucial infrastructures such as airports, energy facilities, and civil air defense. Bluvec's counter-UAS platform will be integrated with Draganfly's Commander 3XL UAV to create a unique, innovative solution that will extend the range of Bluvec's existing products and introduce additional capabilities such as remote situational reconnaissance, patrol and intervention. The Commander 3 XL is an easy-to-deploy, modular multirotor UAV with the ability to carry up to 10 kg as part of its interchangeable payload system. Draganfly, in addition, will also be a distributor of Bluvec solutions and will act as a collaborator to help grow the global adoption of critical counter-UAV infrastructure.
RIOFF

Hot Stocks

07:38 EST Rio2 Limited appoints Andrew Cox as president, CEO - Rio2 is pleased to announce the promotion of Andrew Cox to President & CEO, from his current role as Executive Vice President, COO. Alex Black, the Company's current President & CEO, is assuming a newly created role as Executive Chairman whilst current Non-Executive Chairman, Klaus Zeitler will assume the role of Lead Director. The Company also announces that Jose Luis Martinez, Executive Vice President, Strategy will be departing the Company to pursue other opportunities. The creation of an Executive Chairman role is consistent with the Company's ongoing review of management effectiveness and succession planning. The new leadership structure provides a continuity in approach, builds on the strong business culture in place, while leveraging the expertise of both Alex and Andrew. Rio2 announces that it has completed the previously disclosed sale of a package of Chilean royalty interests to Osisko Gold Royalties Ltd. for aggregate consideration of US$5,000,000. The royalty sale involved the transfer of Rio2's 1.5% royalty on the Anocarire Project and its 1.25% royalty on the Horizonte Project, both in Chile.
RIOFF

Hot Stocks

07:37 EST Rio2 Limited provides Fenix Gold, corporate update - Rio2 is providing an update of its activities and a corporate update following the decision to file an administrative appeal before the Ministries Committee on August 31, 2022, to appeal the Atacama Regional Evaluation Commission's decision not to approve the Environmental Impact Assessment for its Fenix Gold Project in Chile. Chilean voters resoundingly rejected a new, progressive constitution in a referendum held on Sunday, September 4, 2022, following a nearly two-year process that aimed to reflect a broad array of voices in the nation's proposed new constitution. With the ballots counted, 62% of voters rejected the proposal with 38% voting in favor, according to the Chile Electoral Service. The proposed constitution was rejected in all of Chile's provinces, with 60% of voters rejecting the proposal and 40% voting in favor in the Atacama Region, where the Fenix Gold Project is located. As a result of the vote, all political parties have vowed to work with the current government to develop a new constitution that better reflects the wishes of the Chilean people. There is currently no publicly announced timeframe for the preparation of a new constitution. On September 6, 2022, less than six months into his Presidency, President Boric announced a major overhaul of his cabinet after voters overwhelmingly rejected the proposed new constitution that was key to his government's agenda. President Boric announced replacements to his ministers of mining, energy and the interior. He also replaced the minister secretary-general, who oversees the President's legislative agenda. On September 12, 2022, InvestChile reported that Chile's government presented the "Let's Invest in Chile" plan, a package of measures that aims to increase investment by five percentage points in 2023. The plan, which came into effect in September 2022, consists of 28 measures divided into six areas of action: providing tax incentives for private investment; improving access to financing; improving public investment; promoting foreign investment; enhancing the effectiveness of regulation and permit procedures; and promoting public/private partnerships for investment. Of the 28 measures being implemented, the following 6 measures are pertinent to Rio2 and its Fenix Gold Project. InvestChile investment attache offices will be reopened abroad. Investment attache offices will reopen in Europe and North America during the fourth quarter of 2022. These markets account for 60% of foreign direct investment stock in Chile. This measure is expected to result in the materialization of projects worth more than US$1.5 billion in 2023. Strengthening of the InvestChile investment promotion team. The institutional structure and main functions of the agency will be ready during September 2022. This initiative is expected to significantly increase the number of investment projects and facilitate projects that are already under evaluation, attracting additional investment of more than US$2 billion in 2023. Funding for strengthening critical services in the processing of projects. A special fund will be created in the 2023 budget to speed up the processing of the permits required for undertaking investments. A coordinating agency will be created to implement a single point of contact for sectorial permits from 2023. A committee of experts will be entrusted with the design of a new institutional framework that effectively coordinates the granting of sectoral permits by the State. Public/private initiatives for promoting investment. Four public/private working groups will be convened in sectors such as construction, energy, transport and mining to create a set of measures that will reduce the number of stalled construction projects and create more favorable conditions for upcoming projects. Formation of a regional public investment operating committee under the coordination of the Economy Ministry. A permanent working group will be set up between the Energy, Mining and Economy Ministries, InvestChile and the development and investment divisions of each regional government to periodically monitor the progress of projects in each region. Fenix Gold is working closely with InvestChile to maximize its participation and exposure to the Chilean government's new investment plan. Since early September, the Fenix Gold team has been extremely proactive in coordinating meetings with government ministries and government authorities both regionally and nationally to present our case in preparation for the appeals process. To date, Fenix Gold has not been advised of exact timing for when the Committee of Ministers will review the Company's appeal.
ENVB

Hot Stocks

07:36 EST Enveric submits S-1 draft registration for cannabinoid unit spin-off - Enveric Biosciences announced the confidential submission of a Form S-1 draft registration statement with the U.S. Securities and Exchange Commission for the spin-off its cannabinoid clinical development pipeline to a wholly-owned subsidiary, Akos Biosciences, by way of dividend to Enveric shareholders. Dr. Joseph Tucker, CEO of Enveric Biosciences, said, "We are pleased to have confidentially submitted our registration statement for the spin-off, which we believe will unlock the unrealized value of what we are now calling Akos. The proposed separation will also create greater strategic focus for each company and as a separately traded public stock will allow each to be in a better position to raise capital and align management strategies with the interests of shareholders." Upon consummation of the potential spinoff, if completed, Enveric shareholders, as of the record date for the separation, will own a majority of Akos. Akos is expected to be listed on The Nasdaq Capital Market after the completion of the potential spin-off. No record date for the potential spin-off has been established as of the date of this press release and the completion of the potential spin-off remains subject to various conditions. The spin-off is expected to be completed in the first half of 2023. The dividend will be treated as a taxable event for U.S. federal income tax purposes.
NEWP

Hot Stocks

07:35 EST New Pacific Metals reports updates MRE for Silver Sand deposit, Bolivia - New Pacific Metals announces an updated Mineral Resource Estimate, MRE, for the Silver Sand Project, which is part of the on-going Preliminary Economic Assessment, PEA, study of the Project. The PEA study is on track to be completed by the end of 2022. The Mineral Resource is reported in accordance with National Instrument 43-101 for its 100% owned Silver Sand Project, Bolivia. The estimate was completed by AMC Mining Consultants.
BFH

Hot Stocks

07:35 EST Bread Financial and Versatile Credit announce buy now, pay later pact - Bread Financial announced a new relationship with Versatile Credit, a provider of solutions linking bank lenders with consumers applying for credit in retail stores. Through Versatile Credit's platform, Bread Pay's buy now, pay later installment products will now be available to participating Versatile Credit merchants and their customers.
CINC

Hot Stocks

07:33 EST CinCor Pharma announces Phase 2 HALO trial does not meet primary endpoint - CinCor Pharma announced the topline results and completion of its Phase 2 HALO trial evaluating the efficacy and safety of baxdrostat in patients with uncontrolled hypertension taking up to two blood pressure medications at the maximally tolerated doses. Baxdrostat is a once daily potentially first-in-class, highly selective aldosterone synthase inhibitor. While HALO did not achieve statistical significance on its primary endpoint evaluating change from baseline in mean seated systolic blood pressure in the intention to treat population, a pre-specified subgroup analysis of non-Hispanic patients representing approximately 81-89% of the hypertension population in the United States, demonstrated a placebo-adjusted reduction in SBP of 12.6 mmHg at the 2 mg dose. The safety profile and tolerability of baxdrostat was consistent with previously reported Phase 2 BrigHtn data in resistant hypertension. HALO informs target populations for planned Phase 3 trials: HALO did not achieve its primary endpoint of statistically significant change from baseline in mean seated SBP versus placebo in the ITT population; however, statistically significant reduction in SBP in the prespecified non-Hispanic subgroup analysis was demonstrated; Hispanic or Latino patients represented 53% of the ITT population of the study; The non-Hispanic population of HALO represented 46% of the ITT population in the study but represents approximately 81-89% of the hypertensive population of the U.S. Safety and tolerability findings reinforce a consistent, and well-tolerated profile: No drug related serious adverse events observed and no major safety concerns were reported across all three dose cohorts tested after 8 weeks of treatment; No patient discontinued the study due to treatment-related adverse events; Baxdrostat demonstrated a favorable safety and tolerability profile with 3 cases of moderate hyperkalemia after 8 weeks of treatment none of which led to study discontinuation; Treatment-emergent serious adverse events were reported in 2 patients after 8 weeks of treatment; no SAE was deemed related to baxdrostat; 85% of patients that completed HALO enrolled in the ongoing open label extension trial evaluating the safety and efficacy of baxdrostat over 52 weeks. The HALO trial was a Phase 2 randomized, double-blind, placebo-controlled, multicenter, parallel-group, clinical trial designed to assess the safety and efficacy of baxdrostat in subjects taking up to two antihypertensive agents at their maximally tolerated dosages. The trial evaluated three active doses of baxdrostat compared to placebo control in 249 patients randomized across all four dosing cohorts, with 249 patients completing. The primary endpoint of the trial was the change in SBP after eight weeks of treatment. Background antihypertensive therapy was to be discontinued after these eight weeks, and patients only took baxdrostat at the 2.0 mg dose for four additional weeks in Part 2 of the trial to characterize monotherapy responses and to enable long-term safety assessments of the drug in the ongoing 52-week open label extension study that follows the HALO trial, which is expected to be completed in the second half of 2023.
SPNS TM

Hot Stocks

07:33 EST Sapiens signs agreement with Toyota Insurance Spain to modernize its business - Sapiens International (SPNS) announced they signed an agreement with Toyota Insurance Management Spain (TM) with the aim of transforming and modernizing its business. As such, Toyota's insurer will be implementing Sapiens DianaSuite to manage the core of its insurance offering. DianaSuite is a Sapiens solution developed especially for the Property & Casualty market in Iberia. Through its digital layer, it enables fluid communication with customers, including both end users as well as intermediaries and suppliers. Diogo Morales, Managing Director of Sapiens Iberia, added, "Sapiens is aware of the strategic importance of the project that Toyota Insurance Management is fulfilling, and we see that our solution will help them become more agile and competitive in the auto insurance business."
CWH

Hot Stocks

07:32 EST Camping World to acquire RV Solutions, terms undisclosed - Camping World announced an agreement to acquire RV Solutions. This transaction includes two RV Dealership locations, RV Solutions and Airstream of San Diego along with one standalone parts and service center in El Cajon, California. The acquisition of these facilities is slated to be finalized in first quarter 2023.
MTA AG

Hot Stocks

07:18 EST Metalla to acquire royalty portfolio from First Majestic for $20M - Metalla Royalty & Streaming (MTA) announces that on November 26, 2022 it signed a royalty purchase agreement with First Majestic Silver (AG), pursuant to which Metalla will acquire eight royalties for $20M of common shares of Metalla. First Majestic holds and will originate a portfolio of royalties in Mexico. Transaction Highlights: The addition of the producing La Encantada gold royalty will provide immediate cash flow to Metalla; The portfolio adds four near term silver development royalties, most of which are fully permitted, have existing infrastructure and mine development; The combined land package covers more than 175,000 hectares across some of the most prolific silver camps in Mexico; The addition of eight royalties from First Majestic will expand Metalla's portfolio to 79 royalties and streams; Counterparties include First Majestic, Sierra Madre Gold and Silver, GR Silver Mining and Silver Dollar Resources ; The royalty portfolio is predominantly silver and will add approximately 1.7Moz of attributable silver in the measured and indicated categories, and 5.2Moz of attributable silver in the inferred category to Metalla9. Brett Heath, President, and CEO of Metalla, commented, "This transaction marks another important milestone in our continued growth at Metalla. It provides shareholders with eight new royalties that have a significant amount of exposure and leverage to silver. It adds immediate cash flow from one producing royalty, bolsters our near-term development pipeline with four development royalties, and three advanced exploration royalties. It also adds a significant amount of exploration upside with over 175,000 hectares of royalty coverage across the most prolific silver trends in Mexico." The aggregate consideration payable by Metalla for the purchase of the royalties will be satisfied by Metalla issuing $20 million of common shares based on the 25-day volume-weighted average price of shares traded on the NYSE American prior to this announcement at a price of US$4.7984 to be issued upon closing. The Transaction is subject to customary closing conditions and exchange approvals and is expected to close in Q1 2023.
SGNLF

Hot Stocks

07:17 EST Signal Gold acquires exploration licenses adjacent to Goldboro Mineral Resource - Signal Gold acquired a 100% interest in six exploration licenses adjacent to the Goldboro Mineral Resource at its Goldboro Gold Project in Nova Scotia, Canada. As a result, Signal Gold has increased its exploration license area from 599 hectares to 3,756 hectares. This represents a significant milestone in the development of the Project as these exploration licenses cover the surface area which will be required for much of the Project's key infrastructure. It also adds further exploration opportunity along strike of the Goldboro Mineral Resource, as the additional licenses include the strike continuity of the host structure of the Goldboro Deposit, bringing the total known and prospective strike length to 7.5 kilometres. The Company acquired the exploration licenses from Meguma Gold Inc. for a total purchase price of $700,000, comprised of $400,000 in cash and $300,000 in common shares of Signal Gold at a deemed value of $0.333 per common share, based on the 20-day volume weighted average price as of November 16, 2022, resulting in the issuance of 900,901 common shares of the Company. The Company also granted to Meguma Gold Inc. a 1.0% royalty over the licenses acquired, capped at $1,000,000 of total payments, and assumed an existing 2% gross royalty which applies to five of the exploration licenses acquired.
FECCF

Hot Stocks

07:17 EST Frontera Energy, CGX provide update on Wei-1 well preparations - Frontera Energy and CGX Energy, joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announce its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and gas condensate at the Kawa-1 well earlier this year. As part of its preparations, the Joint Venture has agreed with the Government of Guyana that the Wei-1 well will be spudded no later than January 31, 2023, utilizing NobleCorp's NobleCorp Discoverer semi-submersible mobile drilling unit, which timeline is in keeping with the schedule provided to CGX Resources by NobleCorp so as to allow for the NobleCorp Discoverer to complete its current obligations in Trinidad.
BCRX

Hot Stocks

07:15 EST BioCryst announces Israeli MOH approval of ORLADEYO - BioCryst Pharmaceuticals announced that the Israeli Ministry of Health has granted marketing authorization for oral, once-daily ORLADEYO to prevent attacks of hereditary angioedema in adults and pediatric patients 12 years of age and older in Israel.
NBRV

Hot Stocks

07:14 EST Nabriva Therapeutics announces topline results from Phase 1 trial of XENLETA - Nabriva Therapeutics announced topline results from their Phase 1 clinical trial that assessed the safety and pharmacokinetics of oral and intravenous XENLETA in adult patients with cystic fibrosis. "We are excited to share positive topline results from this important study of XENLETA in patients with CF," said Christine Guico-Pabia, M.D., MBA, MPH, Nabriva's Chief Medical Officer. "The data indicate that the PK of XENLETA in CF patients is consistent with that observed in previous single-dose healthy volunteer studies evaluating the approved oral and IV dosing for adults with community-acquired bacterial pneumonia . In addition, XENLETA was well-tolerated and the adverse event profile in CF patients was consistent with that described across our clinical program. XENLETA has been demonstrated to be a potent anti-staphylococcal antibiotic in in vitro and clinical studies, including against methicillin-resistant S. aureus. There are limited treatment options for the management of bacterial exacerbations in CF patients caused by S. aureus and the results of this study support the potential utility of XENLETA in this difficult to treat patient population. We would like to thank the study participants, investigators, and the Cystic Fibrosis Foundation for their support of this important study and look forward to sharing the complete results with the medical community in the first half of 2023."
ASGOF RMGGF

Hot Stocks

07:12 EST Asante Gold completes final payment for Bibiani Gold Mine - Asante Gold Corporation (ASGOF) announced that the Company has completed the final payment to Resolute Mining Limited (RMGGF) pursuant to an amendment letter agreement that was signed on August 24, 2022. The amendment provided for a 90-day extension of time for the final tranche deferred payment of $30M in connection with the $90M acquisition of Mensin Gold Bibiani Limited, which subsidiary company owns a 90% interest in the Bibiani Gold Mine. The revised payment terms included payment of $10M on or before September 19, 2022, $10M on or before October 19, 2022 and the final payment due on or before November 18, 2022. Bibiani Gold Mine - Timeline from Acquisition to Production: Asante has successfully advanced development of the Bibiani Gold Mine from initial acquisition to commercial production over the past 15 months: Acquired the Bibiani Gold Mine from Resolute on August 4, 2021; Initiated refurbishment of the process plant September 5, 2021; Commenced open pit mining operations February 28, 2022; Completed refurbishment and commissioning of the process plant, with start of operations June 2, 2022; First gold pour completed July 7, 2022, two months ahead of schedule; Filed an updated NI 43-101 report for the Bibiani Gold Mine on September 1, 2022; Commercial production announced November 10, 2022; Final payment for Bibiani Gold Mine completed November 28, 2022; Near mine exploration programs, with planned drilling of approximately 30,000 metres per year for 2022, 2023 and 2024, are expected to extend the Bibiani open pit Life of Mine of 8.3 years. With respect to the recent announcement by the Government of Ghana requiring gold producers to sell 20% of annual production in Cedis, the Company notes that the initiative has been discussed with gold producers in Ghana, represented by the Chamber of Mines for several months. The Company notes that the local currency expenditure requirement of Asante and most mining companies far exceeds this request. The feedback presented by the Chamber of Mines has been that the industry in Ghana exceeds this level of expenditure in Cedis. The Company confirms that this requirement will not affect its activities and conduct of business.
ENLC

Hot Stocks

07:11 EST EnLink Midstream announces executive leadership changes - EnLink Midstream announced that the EnLink Board of Directors have appointed Benjamin Lamb as Executive Vice President and Chief Financial Officer, CFO, and Walter Pinto as Executive Vice President and Chief Operating Officer, COO. As part of this change, EnLink announced that its commercial and business development teams, previously overseen by the COO, will be led by a Chief Commercial Officer, CCO, to be hired from outside of EnLink. The CCO will join the EnLink Executive Leadership Team and will focus on strategically growing the company's strong gathering and processing segments alongside its new carbon capture transportation business. EnLink's commercial and business development teams will report directly to Chief Executive Officer Jesse Arenivas until the CCO is hired to ensure continued focus on growth. Lamb most recently served as EnLink Executive Vice President and COO. He has been a part of the Executive Leadership Team since 2016. Prior to becoming COO, Pinto was EnLink Senior Vice President of Operational Excellence, a role he took on in early 2020 when joining the company.
MNTS

Hot Stocks

07:10 EST Momentus contracts with Australian research centrer to place satellite in orbit - Momentus has signed a contract with the CUAVA Training Centre at the University of Sydney to deploy the CUAVA-2 CubeSat in low-Earth orbit in October 2023. CUAVA is the Australian Research Council Training Centre for CubeSats, Uncrewed Aerial Vehicles, and their Applications. CUAVA is a partnership centered at the University of Sydney that aims to fundamentally change the capabilities and applications of CubeSats to create major commercial value with wide applications. "Momentus is proud to partner with CUAVA, a leading Australian research center," said Momentus Chief Executive Officer John Rood. "Innovation and pushing the boundaries of technology is what we love to do at Momentus. We look forward to supporting CUAVA's mission to use leading edge capabilities in space to improve life on Earth."
SSRM

Hot Stocks

07:09 EST SSR Mining announces exploration results at Marigold - SSR Mining announces results from 316 drillholes completed at the Marigold mine in Nevada, USA, for the period from October, 2021 to August, 2022 at the New Millennium, Trenton Canyon and Buffalo Valley oxide targets. Rod Antal, President and CEO of SSR Mining, said, "These results showcase exceptional oxide grades that have potential to drive Mineral Reserve and Mineral Resource growth and complement the existing Marigold production profile. We expect to include some of this higher-grade oxide material in the 2023 Marigold TRS, which we anticipate will demonstrate an optimized and expanded production profile through the incorporation of New Millennium. In addition, with the recent results from both Trenton Canyon and Buffalo Valley, we believe the future is very bright for Marigold with opportunities to extend the existing 11 year mine life while adding higher grade, lower cost oxide ounces to the near and longer-term mine plan."
XRTX

Hot Stocks

07:07 EST Xortx completes screening, enrollment in Bridging Pharmacokinetics Study - XORTX Therapeutics announced the screening and enrollment of the last remaining subjects into the XRX-OXY-101 Bridging Pharmacokinetics Study, including initiation of dosing of all subjects enrolled in Part 4 of the Study. The Study has been designed to characterize the improved bioavailability of various formulations, to assess the impact of dose on exposure, as well as the safety and pharmacokinetic properties of multiple doses of the Company's proprietary formulation of oxypurinol.
SRPT

Hot Stocks

07:04 EST Sarepta announces FDA grants priority review for SRP-9001 BLA - Sarepta Therapeutics announced that the U.S. Food and Drug Administration has accepted the Company's Biologics License Application seeking accelerated approval of SRP-900 for the treatment of ambulant individuals with Duchenne muscular dystrophy. SRP-9001 has been granted Priority Review by the FDA, with a regulatory action date of May 29, 2023. SRP-9001 is an investigational gene therapy for Duchenne being developed in partnership with Roche. Duchenne is characterized by a mutation in the dystrophin gene that results in the lack of dystrophin, which acts as a shock absorber for muscle at the membrane. SRP-9001 is designed to treat the proximate cause of Duchenne by delivering to muscle a gene that codes for a shortened, functional form of dystrophin. In addition to a wealth of pre-clinical evidence, the BLA for SRP-9001 included efficacy and safety data from Study SRP-9001-103, as well as from Studies SRP-9001-101 and SRP-9001-102, and an integrated analysis across these three clinical studies comparing functional results to a propensity-score-weighted external control. In clinical results from more than 80 treated patients, SRP-9001 has demonstrated positive results at multiple time points, including one-, two- and up to four-years after treatment, in addition to demonstrating a consistent safety profile. In addition to Studies SRP-9001-101, SRP-9001-102 and SRP-9001-103, SRP-9001 is also being studied in EMBARK, a global, randomized, double-blind, placebo-controlled clinical trial of SRP-9001 which has recruited 125 participants with Duchenne between the ages of 4 to 7. EMBARK is fully enrolled with results expected by the end of 2023. Sarepta has proposed EMBARK as the post-marketing confirmatory trial for SRP-9001.
SGLY

Hot Stocks

07:04 EST Singularity Future Technology receives positive Nasdaq listing determination - Singularity Future Technology announced that by a decision dated November 22, 2022, a Nasdaq Hearings Panel granted Singularity's request for continued listing on The Nasdaq Stock Market, subject to the Company evidencing compliance with Nasdaq's filing requirement on or before February 28, 2023, and certain other conditions. The Company is working to file its delinquent periodic reports with the Securities and Exchange Commission as soon as practicable and thereby timely evidence compliance with the terms of the Panel's decision. However, there can be no assurances that the Company will be able to do so.
MAIN TFC

Hot Stocks

07:03 EST Main Street announces new $240M secured credit facility - Main Street Capital (MAIN) announces that its wholly owned subsidiary, MSCC Funding I, entered into a senior secured revolving credit facility led by Truist Bank (TFC), with Truist serving as administrative agent and as one of three initial lenders under the facility. The Revolving Credit Facility provides for $240M of aggregate initial commitments with an accordion feature that allows for increases up to $450 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments. Commitments under the Revolving Credit Facility are revolving through November 21, 2025 and mature on November 21, 2027. Advances under the Revolving Credit Facility bear interest at one-month Term SOFR plus a 0.10% credit spread adjustment plus an applicable margin of 2.50% during the reinvestment period and 2.625% and 2.75% during the first and second years of the amortization period, respectively.
BLDR

Hot Stocks

07:02 EST Builders FirstSource board authorizes $1B increase to stock repurchase plan - Builders FirstSource announced that its Board of Directors approved an increase to the Company's existing stock repurchase plan in the amount of $1 billion, for a total of approximately $1.5 billion inclusive of the remaining outstanding authorization at the end of the third quarter of 2022. As previously reported on November 8, 2022, under the share repurchase programs authorized by the Board of Directors since August of 2021, the Company repurchased a total of 61.0 million shares of common stock, or approximately 29.5% of the Company's total shares outstanding, at an average price of $62.23 per share for an aggregate investment of $3.8 billion. Since that time, the Company has repurchased an additional approximately 1.1 million shares for $68 million at an average price of $63.05 per share.
AYR

Hot Stocks

07:01 EST Aircastle announces retirement of Chief Technical Officer Schreiner - Aircastle announced that Joe Schreiner will retire from his position as Chief Technical Officer at the end of the current fiscal year, effective February 28, 2023. Mike Inglese, Aircastle's CEO, commented, "Joe has been a foundational member of Aircastle since its earliest days. As we've progressed over many years from a start-up into a leading global aircraft leasing company, Joe has guided the vital technical oversight of our fleet. As we wish Joe a well-earned retirement, we also know the insight and mentorship he brought to our team will be difficult to replace."
AIV

Hot Stocks

06:59 EST Aimco expands commitment to governance enhancements - Apartment Investment and Management Company expanded on its commitment to enhance corporate governance, announcing that its Board has committed to the following actions: Opt Out of MUTA: The Aimco Board will, prior to the 2023 annual meeting, opt out of the provisions of the Maryland Unsolicited Takeover Act, or MUTA, including those that would otherwise allow it to re-classify the Board without the approval of stockholders. Declassify the Board in 2023: The Aimco Board will opt out of MUTA prior to the 2023 annual meeting and take any and all other actions necessary to ensure that all Aimco directors stand for election to annual terms at the 2023 annual meeting. Transition Timing of the Annual Meeting Date: The Board will move the date of the Company's annual meeting so the 2024 annual meeting will be held by the end of the second quarter of 2024. The Board intends to hold the 2023 annual meeting by the end of the third quarter of 2023. Ask Aimco's stockholders to Approve Certain Charter Amendments to Eliminate Super-Majority Requirements and Expand Stockholder Rights to Replace Directors: The Board will ask Aimco's stockholders to, and will recommend that they, approve amendments to Aimco's charter at the 2023 annual meeting. Once approved by stockholders this will: Lower the threshold required for stockholders to amend all portions of Aimco's Bylaws to a simple majority of shares outstanding; and Lower the threshold for stockholders to remove directors to a simple majority of shares outstanding, eliminate the requirement that such removal be for "cause", and allow shareholders to appoint directors to fill vacancies arising out of removals by stockholders. Amend Aimco's Bylaws to Lower Threshold for Stockholders to Call a Special Meeting to 15%: The Board will, effective as of the 2023 annual meeting, amend Aimco's Bylaws to lower the threshold for stockholders to call a special meeting to 15% of shares outstanding, and also allow stockholders to amend the Bylaws to set the size or range of the size of the Board .
IMRX

Hot Stocks

06:55 EST Immuneering doses first patient in Phase 1/2a trial of IMM-1-104 - Immuneering Corporation announced that the first patient commenced treatment on November 21 in its Phase 1/2a clinical trial of lead asset, IMM-1-104. IMM-1-104 is designed to provide pan-RAS activity through deep cyclic inhibition of the MAPK pathway with once-daily dosing. The Phase 1/2a clinical trial is an open-label study designed to evaluate the safety, tolerability, pharmacokinetics, and preliminary efficacy of IMM-1-104 in patients with advanced RAS mutant solid tumors. The Phase 1 portion of the study, which may enroll up to approximately 42 patients at five clinical sites in the United States, will evaluate IMM-1-104 following a Bayesian mTPI-2 escalation design, which includes a dose escalation phase and dose evaluation phase in order to establish a Recommended Phase 2 Dose candidate. Following the Company's selection of the RP2D candidate, the Company expects to conduct a Phase 2a dose expansion phase in order to assess the safety and efficacy of IMM-1-104 at the RP2D in RAS mutated pancreatic, melanoma, lung, and colorectal cancers.
USFD BLDR

Hot Stocks

06:54 EST US Foods appoints Dave Flitman as CEO - US Foods Holding (USFD) announced that Dave Flitman will become CEO effective Jan. 5, 2023. Flitman will also be a member of the US Foods Board of Directors. Since April 2021, Flitman has served as President and CEO of Builders FirstSource (BLDR). With a permanent CEO in place, Bob Dutkowsky will become non-executive Chairman of the US Foods Board of Directors effective Jan. 5, 2023. Andrew Iacobucci, Interim CEO, will continue to lead US Foods until Flitman joins the company.
ANIP

Hot Stocks

06:51 EST ANI Pharmaceuticals receives FDA approval for ANDA for Fluoxetine Oral Solution - ANI Pharmaceuticals, announced that the Company received U.S. Food and Drug Administration approval for the Abbreviated New Drug Application for Fluoxetine Oral Solution, USP 20 mg/5 mL. ANI's Fluoxetine Oral Solution is the generic version of the Reference Listed Drug Prozac.
NESR

Hot Stocks

06:49 EST National Energy Services secures directional drilling services contract - National Energy Services Reunited has announced that the company has been awarded a long term contract for Directional Drilling services in Kuwait, covering Directional Drilling, Measurements while Drilling, Performance Drilling, Well Engineering and Logging While Drilling services for five years, with an option to extend an additional year.
OSW NCLH

Hot Stocks

06:48 EST OneSpaWorld enters seven-year contract with Norwegian Cruise Line - OneSpaWorld Holdings (OSW) announced entry into a new agreement with Norwegian Cruise Line Holdings (NCLH). The new agreement, pursuant to which OSW is the exclusive provider of spa, medi-spa, fitness, beauty and wellness services, has a seven-year term and covers the 29 ships currently sailing in the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises fleets, as well as the eight new ships anticipated to come into service during the term. Under the new agreement, OSW will continue in its longstanding role as NCLH's exclusive partner in the provision of spa, beauty, nutrition, fitness, and related health, wellness, and medi-spa services, including through its Mandara brand for Norwegian Cruise Line. Mandara will continue to sell the ELEMIS range of skincare products and provide acupuncture and relaxation treatments and medi-spa services administered by medically licensed professionals, including wrinkle relaxers, dermal fillers, skin rejuvenation, fat reduction, and I.V. therapy.
NFGC

Hot Stocks

06:46 EST New Found Gold announces results from diamond drill hole - New Found Gold announced the results from one diamond drill hole that was completed as part of a program designed to follow up on newly discovered high-grade gold at Keats West located west of the highly prospective Appleton Fault Zone. New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Follow-up drilling targeting the new Keats West discovery area intersected 42.6 g/t Au over 32m in NFGC-22-960 that contains a higher-grade interval of 171.6 g/t Au over 6.5m and is situated at a vertical depth of 125m. This intercept is located 200m down-plunge of previously reported 18.6 g/t Au over 15.95m in NFGC-22-773 and 25m along strike of previously reported intercept of 17.9 g/t Au over 4.2m in NFGC-22-681. These holes are all interpreted to occur within the same host structures. NFGC-22-960 also intersected a domain of near-surface, lower-grade gold mineralization over a cumulative width of 19.8m, within an interval of 29.8m, and demonstrating grades ranging from 1.18 to 2.14 g/t Au. Broad domains of lower-grade gold have now been intercepted in multiple holes over a footprint spanning 280m x 130m at Keats West. Keats West is open along strike and down-dip. Exploration drilling is ongoing with two drills working to expand on this new discovery. Greg Matheson, COO for New Found stated: "Keats West is turning into a zone of special interest for New Found. Following today's release, we have now seen gold grades from low through to high, both over impressive widths, indicating the presence of a strong gold mineralizing system. What makes this 32m intercept notable is the number of significant assay intervals that are present throughout it. Nineteen assay intervals exceeded 10 g/t Au as shown in Table 3. This interval is comprised of a substantial damage zone containing a high-density of epizonal-style quartz veining throughout including a massive vein segment spanning a down-hole length of 6m."
NILE

Hot Stocks

06:43 EST BitNile considers exchange offer to acquire shares of common stock - BitNile Holdings announced that the Company is considering undertaking an exchange offer whereby it would offer debt in the form of notes in exchange for between $50 and $75 million of common stock. If the Company proceeds with the Offer, the Company presently intends to commence the Offer in early 2023 and its terms will be contained in an Offer to Exchange. If the Offer proceeds, the Company intends to apply to list the notes on the NYSE American Exchange. Until such time as the notes are listed on the NYSE American, trading in the notes will occur on the OTC.
NWTN

Hot Stocks

06:42 EST NWTN Inc. says UAE electric vehicle assembly facility to be complete in Q4 - NWTN Inc. announced that construction on its UAE electric vehicle assembly facility in Khalifa Industrial Zone Abu Dhabi is on schedule and will be completed in Q4 of 2022. NWTN signed a lease agreement with KEZAD Group for the facility, which measures approximately 270,000 square feet, in September of 2022 to establish NWTN's first EV assembly facility in Abu Dhabi. The facility will serve the growing demand for sustainable transport options in the Middle East and beyond, and will play an important role in promoting new energy mobility and sustainable energy transformation in the UAE and the Middle East. NWTN plans to initially operate the facility for manufacturing, research and development, vehicle testing and logistics area. Since obtaining approval from KEZAD Group for the required modifications and the industrial license in October, NWTN has completed 80% of the equipment installation and tooling in the facility, including the robots used for the vision system and advanced driver assistance systems calibration. The full semi-knock down management and operations team will be in place by the middle of December, 2022, and the facility will be fully operational by the end of this year. The annual capacity of the facility will initially be 5,000-10,000 units for the semi-knock down electric vehicles to meet rapidly increasing demand for new energy vehicles and sustainable transport options in the UAE and in other nations in the Middle East and North Africa. In phase two, NWTN will introduce several new electric vehicle models and expand capacity to 50,000 units annually with an expected start date in the first quarter of 2024.
TGL

Hot Stocks

06:41 EST Treasure Global launches ZCITY app campaign - Treasure Global announced that it has launched a campaign with a retail petroleum company in Malaysia, through its proprietary application, ZCITY, to provide users with the chance to win six months of complimentary fuel when they spend through the ZCITY App. The campaign, which will run through December 31, 2022, allows users who spend a minimum of RM30 on ZCITY e-Vouchers for this retailer's petrol to go in the drawing to be one of the 60 winners to win free fuel for six months. The Company will select 20 winners each month during the campaign period. On November 11, 2022, the Company held an awards ceremony to announce the first 20 winners of the campaign.
AXSM

Hot Stocks

06:40 EST Axsome Therapeutics says AXS-05 achieves primary endpoint in ACCORD trial - Axsome Therapeutics announced that AXS-05, a novel, oral, investigational NMDA receptor antagonist with multimodal activity, met the primary and key secondary endpoints in the ACCORD Phase 3 trial, by substantially and statistically significantly delaying the time to relapse and preventing relapse of agitation in patients with Alzheimer's disease, as compared to placebo. The ACCORD study was a double-blind, placebo-controlled, multi-center, randomized withdrawal, U.S. trial which treated 178 patients with Alzheimer's disease agitation. Patients achieving a sustained clinical response after open-label treatment with AXS-05 were randomized in a 1:1 ratio to continue treatment with AXS-05 or to discontinue AXS-05 and switch to placebo. AXS-05 has been granted Breakthrough Therapy designation by the U.S. Food and Drug Administration for the treatment of Alzheimer's disease agitation. There are currently no FDA-approved treatments for Alzheimer's disease agitation. AXS-05 met the primary endpoint by substantially and statistically significantly delaying the time to relapse of agitation symptoms as compared to placebo, with a hazard ratio for time to relapse of 0.275, representing a 3.6-fold lower risk of relapse compared to placebo. AXS-05 also met the key secondary endpoint of relapse prevention, based on the rates of relapse during the double-blind treatment period. Relapse was defined as a greater than or equal to10-point worsening in the CMAI total score from randomization or a CMAI total score greater than that at study entry; or hospitalization or other institutionalization due to agitation associated with Alzheimer's disease. With open-label treatment with AXS-05, patients experienced rapid, substantial, and statistically significant improvement compared to baseline in agitation symptoms. Statistically significant improvement on the Cohen Mansfield Agitation Inventory was seen with open-label AXS-05 treatment at all timepoints starting at Week 1, with mean reductions from baseline of 11.0 points at Week 2, and 20.6 points at Week 5. Improvements were also significant with open-label AXS-05 treatment on all CMAI subscales including the Physically Aggressive subscale at all timepoints. Rapid and substantial improvement in Alzheimer's disease agitation was reported by both clinicians and caregivers on global measures. Clinicians reported improvement in agitation in 66.3% of patients at Week 2 and 86.3% at Week 5 after treatment with AXS-05, as assessed using the modified Alzheimer's Disease Cooperative Study-Clinical Global Impression of Change for Agitation. Caregivers reported improvement in agitation in 67.5% of patients at Week 2 and 89.3% at Week 5 after treatment with AXS-05, as assessed using the Patient Global Impression of Change rated by the caregiver. Caregiver distress and burden, patient quality of life, and depressive symptoms were all statistically significantly improved compared to baseline after patients were treated with open-label AXS-05. Caregiver distress was assessed using the NPI Agitation and Aggression Caregiver Distress score. Caregiver burden was assessed using the Zarit Burden Interview. Patient quality of life was assessed using the caregiver rated Quality of Life Alzheimer's Disease scale. Depressive symptoms were assessed using the Cornell Scale for Depression in Dementia. The rates of adverse events observed in the double-blind period were 28.3% in the AXS-05 group and 22.2% in the placebo group. Discontinuations in the double-blind period due to adverse events were low. One serious adverse event was reported in the AXS-05 group, which was determined by the investigator to be not related to study medication, and 2 serious adverse events were reported in the placebo group. Falls were reported in 4 patients in the AXS-05 group, none of which were associated with serious adverse events and all of which were determined by the investigators to be not related to study medication, and in 2 patients in the placebo group, one of which was associated with a femur fracture. One death was reported in the placebo group. There was no evidence of cognitive decline for patients treated with AXS-05 as shown by the Mini-Mental State Examination, a widely utilized measure of general cognitive function. Treatment with AXS-05 was not associated with sedation. AXS-05 was granted Breakthrough Therapy designation for the treatment of Alzheimer's disease agitation by the FDA in June 2020. The FDA Breakthrough Therapy designation was supported by the positive results of the ADVANCE-1 trial. A Breakthrough Therapy designation is granted to potentially expedite development and review timelines for a promising investigational medicine when preliminary clinical evidence indicates it may demonstrate substantial improvement on one or more clinically significant endpoints over available therapies for a serious or life-threatening condition. A total of 178 patients were treated with open-label AXS-05 for up to 9 weeks and assessed for efficacy. The primary timepoint for open-label efficacy assessments was 5 weeks, and the key secondary timepoint was 2 weeks. P-values were calculated versus baseline. The mean CMAI total score was 70.9 at baseline. Treatment with AXS-05 was associated with a mean reduction from baseline in the CMAI total score of 6.7 points at Week 1, 11.0 points at Week 2, and 20.6 points at Week 5. Clinical response on the CMAI after treatment with AXS-05 was achieved by 21.8% of patients at Week 1, 40.4% of patients at Week 2, and 70.0% of patients at Week 5. Treatment with AXS-05 was also associated with improvements on all CMAI subscales including the Physically Aggressive subscale at all timepoints. Improvement in Alzheimer's disease agitation, assessed using the clinician rated mADCS-CGIC, was achieved by 47.1% of patients at Week 1, 66.3% of patients at Week 2, and 86.3% of patients at Week 5, after treatment with AXS-05. Improvement in Alzheimer's disease agitation, assessed using the caregiver rated PGI-C, was achieved by 51.2% of patients at Week 1, 67.5% of patients at Week 2, and 89.3% of patients at Week 5, after treatment with AXS-05. Caregiver distress, assessed using the NPI Agitation and Aggression Caregiver Distress score, was significantly reduced after treatment with AXS-05. Caregiver burden, assessed using the ZBI, was significantly reduced after treatment with AXS-05. Patient quality of life, assessed using the caregiver rated QoL-AD scale, was significantly improved after treatment with AXS-05. Depressive symptoms, assessed using the CSDD, were significantly reduced after treatment with AXS-05. A total of 108 patients were randomized, 53 to continued treatment with AXS-05, and 55 switched to placebo. The mean CMAI total scores at randomization were 43.7 and 44.9 for the AXS-05 and placebo groups respectively. AXS-05 met the primary endpoint by substantially and statistically significantly delaying the time to relapse of Alzheimer's disease agitation as compared to placebo, demonstrating a 3.6-fold lower risk of relapse compared to placebo. AXS-05 met the key secondary endpoint by preventing relapse of Alzheimer's disease agitation as compared to placebo, with 7.5% of AXS-05 patients relapsing versus 25.9% of patients switched to placebo. The rates of adverse events in the double-blind period were 28.3% in the AXS-05 group and 22.2% in the placebo group. Discontinuations in the double-blind period due to adverse events were low.
HUT

Hot Stocks

06:33 EST Hut 8 Mining requests mediation proceedings with Validus Power - Hut 8 Mining announced that it has requested mediation proceedings to be commended with Validus Power Corp, a third-party supplier of energy to the company's mining facility in North Bay, Ontario. On November 9, Hut 8 delivered a notice of event of default to Validus in respect of Validus' breaches of certain obligations under the terms of the power purchase agreement between Validus and the company. Validus has subsequently suspended delivery of energy to the company's mining operations in North Bay and delivered a notice of event of default alleging that Hut 8 failed to make certain payments related to the delivery of energy to the North Bay site, an allegation which the Company categorically denies. Hut 8 has therefore notified Validus that it intends to proceed to mediation pursuant to the terms of the PPA. As previously announced, the company is exploring alternatives to mitigate the impact of this dispute, including through organic and inorganic growth opportunities. The company will continue to monitor the situation and will provide additional updates in respect of the suspension of mining activities at North Bay, the mediation process and any further proceedings, if and as appropriate.
PM SWMAY

Hot Stocks

06:28 EST Philip Morris Holland Holdings becomes owner of 93.11% of Swedish Match shares - On May 11, 2022, Philip Morris Holland Holdings, an affiliate of Philip Morris International (PM), announced a recommended public offer to the shareholders of Swedish Match AB (SWMAY) to tender all shares in Swedish Match to PMHH. On November 7, 2022, PMHH declared the Offer unconditional and announced that it would complete the Offer and acquire all shares in Swedish Match that have been tendered in the Offer. In addition, PMHH extended the acceptance period until November 25, 2022 and informed the Swedish Match shareholders that the price in the Offer for shares tendered during the further extended acceptance period would be reduced to SEK 115.07 in cash per share due to the resolved dividend payment by Swedish Match of SEK 0.93 per share for shareholders of record as of November 14, 2022. Today, PMHH announces that it becomes the owner of 93.11 percent2 of the shares in Swedish Match. The Offer is now closed. The shares tendered in the Offer at the end of the acceptance period amounted to in aggregate 1,255,989,816 shares in Swedish Match, corresponding to approximately 82.59 percent of the share capital and the voting rights in Swedish Match. On November 10, 2022, PMHH announced that PMHH had acquired 49,899,948 shares in Swedish Match outside the Offer, corresponding to approximately 3.28 percent2 of the share capital and the voting rights in Swedish Match, since the announcement of the outcome of the Offer on November 7, 2022. The shares tendered in the Offer during the further extended acceptance period amount to in aggregate 80,933,854 shares in Swedish Match, corresponding to approximately 5.32 percent of the share capital and the voting rights in Swedish Match. In addition, PMHH has acquired an additional 29,164,342 shares in Swedish Match outside the Offer, corresponding to approximately 1.92 percent of the share capital and the voting rights in Swedish Match, since the announcement of the press release on November 10, 2022. No acquisitions have been made at a price exceeding the price in the Offer. Accordingly, the total number of shares in Swedish Match held by PMHH, including the shares tendered in the Offer at the end of the further extended acceptance period on November 25, 2022, amounts to 1,415,987,960 shares, corresponding to approximately 93.11 percent of the share capital and the voting rights in Swedish Match The transaction will result in a combined company with a strong balance sheet and leverage of approximately 3x net debt to adjusted EBITDA, with deleveraging anticipated over the next few years. PMI remains committed to its strong single-A credit ratings, as a growing and highly cash-generative business. To support deleveraging, PMI has suspended its current three-year share repurchase program, which began in July 2021. PMI also remains committed to its progressive dividend policy, while gradually reducing its adjusted diluted EPS payout ratio to around 75% over time. PMHH has decided not to further extend the acceptance period. Settlement for shares tendered in the Offer during the extended acceptance period, is expected to be initiated around December 2, 2022. PMHH reserves the right to postpone the settlement date, provided however, that settlement shall in any event be made within 7 business days following the expiration of the acceptance period. PMHH will announce any postponement of the settlement date by a press release in accordance with applicable laws and regulations PMHH intends to initiate compulsory redemption under the Swedish Companies Act to acquire all remaining shares in Swedish Match. PMHH also intends to request delisting of Swedish Match's shares from Nasdaq Stockholm. Prior to the announcement of the Offer, neither PMHH nor any closely related companies or closely related parties owned or otherwise controlled any shares in Swedish Match or other financial instruments that give financial exposure to Swedish Match's shares. Apart from the 79,064,290 shares in Swedish Match that PMHH has acquired outside the Offer, as described above, neither PMHH or any closely related companies or closely related parties have acquired any shares in Swedish Match or other financial instruments that give financial exposure to Swedish Match's shares outside the Offer. To the extent permissible under applicable law or regulations, PMHH and its affiliates may acquire, or take measures to acquire, additional shares in Swedish Match in other ways than through the Offer. Information about such acquisitions of shares, or measures to acquire shares, will be disclosed in accordance with applicable laws and regulations. Due to the resolved dividend payment by Swedish Match of SEK 0.93 per share with record date for the payment on November 14, 2022, and date for payment through Euroclear Sweden on November 17, 2022, the price in the Offer for shares tendered during the further extended acceptance period has, in accordance with the terms and conditions of the Offer4, been reduced accordingly to SEK 115.07 in cash per share. For further information regarding Swedish Match's resolution on dividends at the annual general meeting 2022, please refer to Swedish Match's website, www.swedishmatch.com. Since the Offer has been declared unconditional, shareholders who have accepted the Offer have no right to withdraw acceptances.
TBLA APO

Hot Stocks

06:23 EST Taboola, Yahoo enter 30-year commercial agreement - Yahoo and Taboola (TBLA) announced that they have entered into a 30-year, exclusive commercial agreement. Taboola will exclusively power native advertising across all of Yahoo's digital properties and will be available to buy through the Yahoo DSP, establishing Taboola as a leading native advertising offering for advertisers, publishers and merchants on the open web. Through this unique partnership, Taboola will benefit from Yahoo's scale as a leading consumer tech company reaching nearly 900 million monthly active users worldwide as a top-ranked internet property across mail, sports, finance and news. By powering Yahoo's native advertising solutions, Taboola will help deliver greater reach, better campaign performance and improved user experiences, supporting brands as they continue to look for alternative advertising options outside of walled gardens. Taboola will continue to invest heavily in R&D, enhancing how people discover things they may like, and strengthen its leadership in contextual advertising. As part of the partnership, Yahoo will receive just under 25 percent of the pro forma equity of Taboola. The partnership will allow Yahoo to further enhance its own unified advertiser offerings, enhance consumer experiences across Yahoo's owned media properties, and participate in significant shared value creation as Taboola's largest single shareholder. Yahoo is owned by funds managed by affiliates of Apollo (APO). With long-term support from Apollo, alignment with shareholders and commitment to support the advertiser platforms of both companies, the partnership will accelerate both Taboola and Yahoo's growth plans in an attractive sector of the market. The agreement represents a strong belief by Apollo in Taboola's go-forward strategy and future as a leading offering for advertisers, publishers and merchants on the open web. Under the terms of the 30-year, exclusive commercial agreement, Taboola will power native advertising solutions on all of Yahoo's internet properties, driving more than 800 billion impressions. As part of the agreement, Yahoo will receive 24.99% of Taboola's total issued and outstanding shares on a combined post-transaction basis, with approximately 60% in standard ordinary shares and 40% in new non-voting ordinary shares, as well as one representative on the Taboola Board of Directors. The agreement is expected to be highly accretive to Taboola Revenue, Adjusted EBITDA and Free Cash Flow. The agreement is also expected to be highly accretive to Revenue and Adjusted EBITDA on a per-share basis. The agreement, which has been approved by the Boards of Directors of both companies, is expected to close in the first quarter of 2023, subject to receipt of customary shareholder and regulatory approvals, as well as certain closing conditions. Separately, Taboola today announced a Special General Meeting of Shareholders to be held on December 30, 2022, for the purpose of seeking the required shareholder approval.
PRMNF

Hot Stocks

06:15 EST Prime Mining announces assay results from Phase 2 drill program - Prime Mining announces additional assay results from its recently completed Phase 2 drill program. Today's results are from the Guadalupe area where Prime continues to delineate and expand the multi-million-ounce Los Reyes high-grade gold-silver deposit. Los Reyes and its three known gold-silver deposit areas, has a mineralized footprint of over 15 square kilometres and is located in a highly prospective, 500-year old mining-friendly district of Sinaloa, Mexico. Today's results are from seven drill holes in the main Guadalupe deposit. HIGHLIGHT GUADALUPE DRILL INTERCEPTS: 6.8 gpt Au and 166 gpt Ag over 19.5 m in hole 22GE-118; 12.8 gpt Au and 646 gpt Ag over 3.3 m, and 4.2 gpt Au and 212 gpt Ag over 37.2 m in hole 22GE-121; 8.8 gpt Au and 289 gpt Ag over 7.9 m, including 33.2 gpt Au and 1,072 gpt Ag over 2.0 m in drill hole 22GE-122; 6.8 gpt Au and 208 gpt Ag over 13.6 m in hole 22GE-120. Drilling continues to encounter bonanza and high-grade intercepts at Guadalupe with additional remarkable gold and silver values being intercepted in the Estaca Vein. Additionally, outside of the main Estaca Vein, drilling is delineating a cluster of mineralized vein splays within the main Guadalupe deposit. It is anticipated that these results will further expand resources at Guadalupe. CEO Daniel Kunz commented, "We are very excited about the progress we have made in the Phase 2 drill program. Our exploration team has improved the structural modelling demonstrably, which has resulted in a more targeted and accurate drill program. As a result, the number of wide, high-grade intercepts we are seeing in our results has increased. Our recent drilling, specifically at Guadalupe East, has intersected multiple thick, high-grade gold and silver veins. These new veins are increasing the high-grade zones both within and outside of the known mineralized envelope. We will continue to target these high-grade structures as they remain open along strike and at depth. As we work towards delivering a resource estimate in the first half of next year, we are excited about the increasing contribution of these bonanza grade veins at Los Reyes."
NESR

Hot Stocks

06:13 EST National Energy Services awarded contract for Directional Drilling in Kuwait - National Energy Services has announced that the company has been awarded a long term contract for Directional Drilling services in Kuwait, covering Directional Drilling, or DD, Measurements while Drilling, or MWD, Performance Drilling, Well Engineering and Logging While Drilling, or LWD, services for five years, with an option to extend an additional year.
UNVR BNTGY

Hot Stocks

06:11 EST Univar confirms preliminary indication of interest from Brenntag - Univar Solutions (UNVR) confirmed that it has received a preliminary indication of interest from Brenntag SE (BNTGY) regarding a potential transaction. "The Company does not intend to make any additional comments regarding this matter unless and until it is appropriate to do so," it said in a statement.
MUX

Hot Stocks

06:11 EST McEwen Mining identifies four new gold veins in Grey Fox area - McEwen Mining reports that our ongoing exploration program has identified four new gold veins in the Grey Fox area within the Fox Complex. Drilling results reveal significant gold mineralization in veins within sedimentary rocks with good gold grades near surface and high-grade gold values encountered at depth. "What we find exciting about this discovery is that the host rock of these veins is very different than the host rock for 98% of Grey Fox's estimated gold resources of 1.2 million ounces Indicated and 240,000 ounces Inferred. These newly discovered veins are in the sparsely explored sedimentary rocks. Such rocks are the same primary gold-bearing host rock as our Froome mine, 3 miles north of Grey Fox, and are also one of the important host rocks of some of the largest gold mines in Timmins such as Newmont Mining's Pamour, Hollinger and Dome mines," stated Stephen McGibbon, SVP Exploration. At Grey Fox, gold zones are stacked parallel to a southeast-trending regional flexure in the Destor-Porcupine Fault Zone. This important regional feature is associated with approximately 3.5 million ounces of gold in the immediate area of Grey Fox. The four new Grey Fox - Gibson zone veins occur as shallow as 150 meters below surface and, so far, have been traced down to 330 m. The drill core values are robust and include near surface intersections of 13.1 grams per tonne gold over 7.3 m and 6.3 g/t Au over 5.0 m; and at depth of 29.1 g/t Au over 1.8 m. The advantages of such a shallow location are reduced time and expense for establishing mineral resources and for future mine development. In our 2021 drilling, hole 21GF-1333 assayed 5.6 g/t Au over 10.2 m in sediments, and 250 m to the southwest, hole 21GF-1356 assayed 5.2 g/t Au over 3.1 m core length also in sediments. Five drill holes from this year's program have encountered high-grade intercepts or visible gold outside the boundary of our existing gold resources. These collective results appear to be on strike and have opened a large corridor of prospective ground. Interpreted dimensions of the Gibson target area extends at least 475 m along strike and to at least 300 m depth. Such dimensions represent a meaningful opportunity for significant resource additions.
KBR

Hot Stocks

06:09 EST KBR awarded $69.2M Navy task order - KBR announced it has been awarded a $69.2M task order to deliver total life cycle management of critical airborne manned reconnaissance aircraft systems for the Naval Surface Warfare Center Crane and the Naval Air Systems Command E-2/C-2 Airborne Command and Control Program Office. Under the task order, KBR will modify and upgrade legacy technology, while developing and integrating new technology, for aircraft intelligence, surveillance, reconnaissance and targeting systems. The E-2 is the foremost carrier-born aircraft capable of providing early detection of enemy threats and enemy response to carrier operations conducted in accordance with America's declared defense strategy. The work will focus primarily on the E-2D Advanced Hawkeye, with additional support for the E-2C Hawkeye and C-2A Greyhound aircraft.
KRKNF

Hot Stocks

06:08 EST Kraken Robotics receives $14M order for subsea power systems - Kraken Robotics announces that it has received an initial order for subsea batteries valued at $14M, which includes a significant advance payment. Deliveries will occur in 2023.
ASDRF

Hot Stocks

06:08 EST Ascendant Resources closes $15M financing agreement with Sprott Streaming - Ascendant Resources entered into a $15M metals stream agreement with Sprott Private Resource Streaming and Royalty Corp. for its Lagoa Salgada VMS project located close to Lisbon, Portugal. Proceeds will be used to complete the ongoing 43-101 compliant feasibility study for the Project; advance permitting activities; to fund the last instalment related to the earn-in for an 80% interest in the Project; and general corporate and working capital purposes. The Stream Agreement provides for the sale and delivery to Sprott Streaming of 1.75% of all metals produced from the Project at a rate of 15% of the market price until the delivery of 45,000 gold equivalent ounces, at which point the rate will be increased to 75% of the market price. Ascendant also has the ability to buy down up to 50% of the stream on or before 2 years following the date of commencement of commercial production at the Project for up to $10.5M. To facilitate funding in advance of commercial production, an affiliate of Sprott Streaming issued a $15M secured note that bears interest at a rate of 10% per annum, calculated and payable quarterly and will mature on the earlier of: the achievement of commercial production at the Project together with certain other conditions; and November 25, 2031. Subject to the final approval of the TSX Exchange, the Company may elect to satisfy the payment of any accrued and unpaid interest on the Note by the issuance of common shares of the Company at a price per Common Share equal to 95% of the volume weighted average price of the Common Shares for the 5 trading days immediately prior to the date payment of interest is due or any combination of cash and Common Shares in the Company's sole discretion up to a maximum of 32,617,109 Common Shares. Pledges of shares and intercompany indebtedness were provided by the Company, its wholly owned subsidiary, Ascendant Resources Portugal, Unipessoal LDA, and Redcorp as security for the Note. The Note security is intended to subordinate to future project financing for the Project. The Company has provided Sprott Streaming a first right of approval to participate in any future stream or royalty type financing until certain delivery thresholds are met. Sprott has previously expressed interest in potential additional financing of approximately $60M. The Company also announces that it has amended the terms of the unanimous shareholders agreement with Mineral & Financial Investments to provide, among other things, a right in favour of M&FI such that M&FI may put all, but not less than, of its shares of Redcorp to Ascendant in consideration of an amount, payable in cash, equal to 5% of the post-tax net present value of the Project provided in the feasibility study completed prior to the date of exercise using a 10.5% discount rate.
IDYA

Hot Stocks

06:06 EST Ideaya Biosciences announces Darrin Beaupre as chief medical officer - Ideaya Biosciences announced that Darrin Beaupre has joined the company as its chief medical officer, effective November 21.
RDNT...

Hot Stocks

06:04 EST RadNet's Aidence, Google Health enter collaboration for lung cancer screening - RadNet, Inc. (RDNT) reported that its lung artificial intelligence subsidiary, Aidence, and Google Health, a division of Alphabet, Inc. (GOOG), announced an agreement to license Google Health's AI research model for lung nodule malignancy prediction on CT imaging. Aidence will develop, validate and bring this model to the market to support the early and accurate diagnosis of lung cancer and the reduction of unnecessary procedures in screening programs. Aidence and Google Health intend to complete an AI application for lung nodule malignancy prediction. In this collaboration, Google Health will provide its scientific expertise. Aidence will further develop the model into a solution for clinical practice and bring it to market, complying with relevant data privacy requirements and regulatory standards. The development of this AI application is a statement of intent and no regulatory market applications have been made and no orders for sale are being taken.
RDNT...

Hot Stocks

06:04 EST RadNet subsidiary, Google Health announce agreement to license AI research model - RadNet (RDNT) reported that its lung artificial intelligence subsidiary, Aidence, and Google Health, a division of Alphabet (GOOG), announce an agreement to license Google Health's AI research model for lung nodule malignancy prediction on CT imaging. Aidence will develop, validate and bring this model to the market to support the early and accurate diagnosis of lung cancer and the reduction of unnecessary procedures in screening programs. Lung cancer screening with low-dose CT has been shown to significantly reduce lung cancer mortality by as high as 24% for men and 33% for women, according to the 2020 NELSON trial. Screening initiatives are increasingly being implemented in Europe, such as the UK's Targeted Lung Health Checks. In the United States, eligibility criteria have recently been broadened, further reflecting the benefit of lung cancer screening. A major difficulty in lung cancer screening is establishing the nature of detected lung nodules. Most of these nodules are not cancerous. However, properly identifying and diagnosing such nodules can be time-consuming, costly, anxiety-inducing for patients and their families and sometimes invasive, requiring follow-up CTs or surgical interventions.