Stockwinners Market Radar for December 05, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

VERV

Hot Stocks

20:17 EST Cathie Wood's ARK Investment bought 162.7K shares of Verve Therapeutics today
CPNG

Hot Stocks

19:39 EST Coupang director sells $7.47M in common stock - In a regulatory filing, Coupang disclosed that its director Benjamin Sun sold 373K shares of common stock on December 1st in a total transaction size of $7.47M.
NEO PRVA

Hot Stocks

19:38 EST NeoGenomics names Jeffrey Sherman as new CFO - NeoGenomics (NEO) announced that Jeffrey S. Sherman will join the company as CFO effective December 7, 2022. Mr. Sherman succeeds William Bonello who will remain with the Company to provide transition and onboarding support for a period of time. Mr. Sherman served as the CFO of Privia Health Group (PRVA) a national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care.
FOXA NWS

Hot Stocks

19:13 EST News Corp. special committee to explore combination with Fox Corp. - )News Corp (NWS) Special Committee composed solely of independent and disinterested members of the News Corp Board of Directors "formed to explore a potential combination with Fox Corp (FOXA) following receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, provided an update on the process in response to recent investor inquiries. The Special Committee is made up of all the independent directors not affiliated with the Murdoch family--Kelly Ayotte, Jose Maria Aznar, Natalie Bancroft, Ana Paula Pessoa, Masroor Siddiqui-and is chaired by Mr. Siddiqui, News Corp's Lead Independent Director. The Special Committee has been delegated full authority to evaluate the Proposed Transaction. The letters indicated that Mr. Murdoch and the Murdoch Family Trust will not vote in favor of a transaction unless it is both recommended by the Special Committee and approved by a majority vote of the shares held by non-affiliated stockholders entitled to vote."
TBNK

Hot Stocks

18:46 EST Territorial Bancorp announces $5M buyback - Territorial Bancorp "announces that its Board of Directors has adopted its twelfth stock repurchase program. Under this repurchase program, the Company may repurchase up to $5,000,000 of the company's outstanding shares."
OC

Hot Stocks

18:42 EST Owens Corning completes sale of Russian operations, affirms Q4 guidance - Following its decision earlier this year to exit the Russian market, Owens Corning announced that it has completed the sale of its operations in the country to Umatex, a Russia-based producer of carbon fiber and fiber-based items. Financial terms of the sale were not disclosed. In conjunction with the announcement, the company reaffirmed its guidance of modest growth in net sales and earnings for the enterprise in the fourth quarter compared with the same period in 2021.
GM

Hot Stocks

18:38 EST GM's BrightDrop adds DHL Express Canada to customer portfolio - General Motors' BrightDrop announced it had entered its first international market, Canada, adding DHL Express Canada to its customer portfolio. The company also announced production of the BrightDrop Zevo 600 electric delivery vans had begun at GM's CAMI Assembly plant in Ontario, making the facility Canada's first large-scale EV factory. BrightDrop offers a suite of products including the Zevo electric delivery vans, the Trace eCarts, and the BrightDrop Core software platform to reduce carbon emissions from last mile delivery while reducing urban congestion. The business launched in 2021 with a nearly $800M investment from its parent company GM to convert the CAMI Assembly plant to BrightDrop's high-volume EV production facility. Entering the Canadian market is BrightDrop's latest effort to address the $250B last-mile delivery industry, particularly as companies around the world set goals to electrify their fleets and optimize operations. DHL Express Canada plans to add its first BrightDrop Zevo electric delivery vans to its fleet early next year.
WING

Hot Stocks

18:32 EST Wingstop CEO: Our business is experiencing meaningful deflation - In an interview on CNBC's Mad money, Michael Skipworth said, "We've got plenty of inventory." He expects a favorable commodity backdrop for 2023 with strong comp growth. "We're set up for a 19th quarter of consecutive growth," he added.
NAV TSP

Hot Stocks

18:32 EST Navistar, ToSimple end co-development agreement - In a joint announcement, TuSimple (TSP) and Navistar (NAV) "announced an end to their co-development under the 2020 Joint Development Agreement. The decision to end the development agreement does not preclude the companies from working together in the future."
ULTA

Hot Stocks

18:25 EST Ulta Beauty CEO: Consumer is loving what we are offering - In an interview on CNBC's Mad Money, Dave Kimbell said Ulta saw broad based strength across the business in Q3. The company's positive culture is holding it together and attracting new talent, Kimball said. "We are staffed and ready to go for the holiday season." Ulta continues to bring in new customers and reactivate old ones, with Gen Z representing a strong growth opportunity, Kimbell noted.
LGIH

Hot Stocks

18:17 EST LGI Homes announces 412 home closings in November - LGI Homes "announced it closed 412 homes in November 2022. As of November 30, 2022, the company had 92 active selling communities."
PANW

Hot Stocks

18:15 EST Palo Alto Networks director sells $6.4M in common stock - In a regulatory filing, Palo Alto Networks disclosed that its CTO Nir Zuk sold 36K share of common stock on December 1st in a total transaction size of $6.4M.
TXT

Hot Stocks

18:14 EST Textron's Bell V-280 Valor chosen as U.S. Army long-range assault aircraft - Textron "announced that Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army's Future Long-Range Assault Aircraft program. The award is based on Bell's V-280 Valor tiltrotor that was developed and tested as part of the Joint Multi-Role Technology Demonstrator program that began in 2013. The V-280 progressed through design, manufacturing, and more than three years of rigorous flight testing that provided extensive data validating the technical and operational advantages of the aircraft for the long-range assault mission. The initial contract refines the weapon system design, sustainment, digital enterprise, manufacturing, systems integration, flight-testing, and airworthiness qualification."
MRTX

Hot Stocks

18:08 EST Mirati Therapeutics announces results from KRYSTAL-7, KRYSTAL-1 trials - Mirati Therapeutics announced preliminary results from the KRYSTAL-7 Phase 2 trial and KRYSTAL-1 Phase 1b cohort evaluating adagrasib concurrently combined with pembrolizumab in patients for the treatment of first-line NSCLC harboring a KRASG12C mutation across all PD-L1 subgroups. These data are the first to demonstrate the tolerability and feasibility of a concurrent combination regimen of a KRASG12C inhibitor and a PD-1/L1 checkpoint inhibitor. The KRYSTAL-7 and KRYSTAL-1 trials represent the largest dataset evaluating a KRASG12C inhibitor in combination with a PD-1/L1 checkpoint inhibitor as a first-line treatment for patients with NSCLC harboring a KRASG12C mutation. 75 patients were enrolled and evaluable for safety with a median follow-up of 3.5 months. Treatment-related adverse events were Grade 1-2 (39%), Grade 3 (40%) and Grade 4 (4%); there were no Grade 5 TRAEs observed. TRAEs led to discontinuation of both adagrasib and pembrolizumab in 2 patients and only pembrolizumab in 2 patients; there were no patients who discontinued only adagrasib due to a TRAE. Increases in alanine transaminase/ aspartate transaminase were consistent with either agent as a monotherapy with Grade 3 TRAEs being highest grade and total incidence of Grade 3 liver function test increases of 9%. Median time from onset to an increase in ALT and AST was 26 and 37 days, respectively and only 1 patient experienced new onset treatment-related ALT/AST increase after 3 months. Of patients who were clinically evaluable and received at least one on-study scan, adagrasib and pembrolizumab demonstrated promising preliminary clinical activity across all PD-L1 subgroups with an objective response rate of 49%. In a subset of response-evaluable patients enrolled at least 6 months prior to the data cutoff date, 6 of 26 clinical responses occurred at second on-study scan or later, and the ORR was 56%. 7 evaluable patients enrolled in the KRYSTAL-1 Phase 1b cohort reported an ORR of 57% and a disease control rate of 100%. The four patients who responded maintained response for over nine months while two continued to receive treatment and remain in response beyond 18 months. Safety in the KRYSTAL-1 Phase 1b cohort was consistent with what has been observed in KRSTYAL-7 and demonstrated a manageable safety profile with no Grade 4-5 TRAEs. "Initial results across all cohorts suggest the concurrent combination of adagrasib and pembrolizumab may provide a chemotherapy-free option for treatment-naive NSCLC with a manageable safety profile and encouraging clinical activity," said Pasi A. Janne, MD, PhD, Dana Farber Cancer Institute. "Across all evaluated cohorts, liver-related TRAEs were predominantly low grade and occurred early in treatment, with limited new onset after 3 months."
MNOV

Hot Stocks

18:01 EST MediciNova says MN-166 trial analysis results published in journal - MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market and the JASDAQ Market of the Tokyo Stock Exchange, announced that positive results from a secondary analysis of a Phase 2 trial of MN-166 in alcohol use disorder were published in The American Journal of Drug and Alcohol Abuse. The clinical trial was a collaborative effort between MediciNova and Dr. Lara Ray, Professor, Department of Psychology and Department of Psychiatry and Biobehavioral Sciences, Brain Research Institute at the University of California at Los Angeles and was funded by the National Institute on Drug Abuse. Topline results from a randomized, double-blind, placebo-controlled Phase 2 trial evaluating the effect of 14 days of ibudilast treatment on mood, heavy drinking, and neural reward signals in 52 non-treatment seeking individuals with AUD found that MN-166 reduced heavy drinking and attenuated neural cue-reactivity compared to placebo. Neural and peripheral inflammation has been implicated in the development and maintenance of AUD, as evidenced by increased inflammation in such individuals. A secondary analysis of this study was performed to determine if participants with elevated peripheral levels of proinflammatory proteins, specifically C-reactive protein, would show a greater benefit from MN-166 as assessed by clinical and biological outcomes.
GOL

Hot Stocks

18:01 EST Gol Linhas announces preliminary November traffic figures - Highlights: GOL's total supply increased 29.7%. Total seats increased 29.2% and the number of departures increased by 26.5%. GOL's total demand increased by 28.5% and the load factor was 81.3%. GOL's domestic supply increased 19.6% and demand increased by 18.7%. GOL's domestic load factor was 81.8%. The volume of departures increased by 22.1% and seats increased by 24.8%. GOL's international supply was 350M, the demand was 269M and international load factor was 76.9%.
MODG

Hot Stocks

17:48 EST Topgolf Callaway CFO buys $216K in common stock - In a regulatory filing, Topgolf Callaway disclosed that its CFO Brian Lynch bought 10K shares of common stock on December 5th in a total transaction size of $216K.
MODG

Hot Stocks

17:48 EST Topgolf Callaway CEO buys $216K in common stock - In a regulatory filing, Topgolf Callaway disclosed that its CEO Oliver Brewer bought 10K shares of common stock on December 2 in a total transaction size of $216K.
SUMO

Hot Stocks

17:44 EST Sumo Logic jumps 10% to $7.95 after Q3 earnings beat
SUMO

Hot Stocks

17:41 EST Sumo Logic jumps 10% to $7.95 after Q3 earnings beat
AIV

Hot Stocks

17:27 EST Aimco comments on ISS board recommendation - Aimco commented on a report published by Institutional Shareholder Services, or ISS, in connection with Aimco's 2022 annual meeting of stockholders to be held on December 16. The company said, "We are pleased that ISS recommends stockholders vote FOR Jay Paul Leupp and Dary Stone at the Company's upcoming Annual Meeting. However, although ISS acknowledges the strength and independence of the Board's director nominees and the Company's relative TSR outperformance, we respectfully disagree with ISS's recommendation that stockholders support James Sullivan over Michael Stein. We acknowledge that Mr. Sullivan is an experienced real estate analyst, but he has no public company board or executive management experience and does not provide any expertise that is not currently represented on the Aimco Board. We believe that replacing Michael Stein would deprive the Company of unique skills and expertise essential to advancing Aimco's strategy and driving continued value creation. Mike has a deep understanding of Aimco and has overseen strategic corporate transactions that unlock stockholder value as evidenced by his efforts at Marriott International, ICOS Corporation and Getty Images, Inc. He has been an important contributor to our reconstituted Board and has embraced change and Aimco's new strategic direction. Mike knows the Company's assets and is using his experience to help oversee the Board's ongoing evaluation of options to enhance value. Importantly, leading proxy advisory firm Glass Lewis & Co. ("Glass Lewis") recognizes that Aimco has the right Board and the right strategy to continue enhancing value for stockholders. In its December 1, 2022, report, Glass Lewis recommends Aimco stockholders vote FOR each of Aimco's three director nominees - Jay Paul Leupp, Michael A. Stein and R. Dary Stone - on the WHITE proxy card. The Aimco Board is committed to acting in the best interests of stockholders and will continue to act as its own agent of change for the benefit of all Aimco stockholders. The Aimco Board strongly urges stockholders to vote "FOR" Aimco's three highly qualified directors - Jay Paul Leupp, Michael A. Stein and R. Dary Stone - standing for re-election at the annual meeting on the WHITE proxy card."
SI

Hot Stocks

17:25 EST Silvergate Capital says all customers still have access to deposits - In a regulatory 8-K filing, Silvergate Capital CEO Alan Lane writes: "It has been a very difficult few weeks for the digital asset industry, as we have all come to terms with the apparent misuse of customer assets and other lapses of judgment by FTX and Alameda Research. There has also been plenty of speculation - and misinformation - being spread by short sellers and other opportunists trying to capitalize on market uncertainty. As always, over the past few weeks Silvergate's first priority has been serving our customers as they navigate this incredibly volatile environment. I'm proud that all of our customers continue to have access to their U.S. dollar deposits when they need them and that the Silvergate Exchange Network ("SEN") has continued to operate uninterrupted throughout this period. I wanted to take this opportunity to set the record straight about Silvergate's role in the digital asset ecosystem and what we have always done, and continue to do, to ensure our customers act in accordance with our robust risk management controls. We take risk management and compliance extremely seriously. Silvergate operates in accordance with the Bank Secrecy Act and the USA PATRIOT Act. For each and every account, these laws require us to determine the beneficial owner, the source of funds, and the purpose and expected use of funds. Silvergate also monitors transaction activity for every account and identifies activity outside of the expected usage. When we identify certain kinds of activity, we are required to file suspicious activity reports, and we do so routinely. We have a track record of closing accounts that are used for purposes outside of the expected use. This is no small undertaking. We have invested, and will continue to invest, in systems and procedures to help ensure we are conducting effective customer due diligence and monitoring. We have dedicated a substantial number of Silvergate employees to this effort. And, as our customers can attest, the onboarding process can take weeks as a result of the time we spend gathering and reviewing information and documentation from prospective customers. After accounts are open, we continue to monitor account activity as part of our enhanced due diligence process on each of these accounts and to take action when there are red flags. By performing our risk management procedures and fulfilling our regulatory obligations, Silvergate plays a key role in helping law enforcement identify bad actors. We take this responsibility seriously. We conducted extensive due diligence on FTX and Alameda Research. Silvergate conducted significant due diligence on FTX and its related entities including Alameda Research, both during the onboarding process and through ongoing monitoring, in accordance with our risk management policies and procedures and the requirements outlined above. Alameda Research operated an over-the-counter (OTC) trading firm and individuals or entities engaging in OTC trades with Alameda would have been instructed by Alameda to send funds to Alameda's account whether at Silvergate or any of their other banking partners. Further, when a wire is originated, the individual or entity sending the funds instructs every detail to their bank, including to whom they want the funds sent. A receiving bank validates that the name of the beneficiary matches the name on the account and credits it accordingly. When Silvergate received payments directed to Alameda Research and credited it to the account of the same name, this was consistent with the instructions from the sender of the wire and industry practice. And, as I've noted previously, if we detect activity that is unexpected or potentially concerning in any account, we conduct an investigation and, when required, confidentially file a suspicious activity report in accordance with federal regulation. We have a resilient balance sheet and ample liquidity. While this has been a turbulent time in the digital asset industry, our customers' deposits are, and have always been, safely held. In addition to the cash we carry on our balance sheet, our entire investment securities portfolio can be pledged for borrowings at the Federal Home Loan Bank, other financial institutions, and the Federal Reserve Discount Window - and can ultimately be sold should we need to generate liquidity to satisfy customer withdrawal request. We intentionally carry cash and securities in excess of our digital asset related deposit liabilities. We purpose-built this business to support our customers not only during periods of growth but also in periods of volatility - that is, our business is designed to accommodate deposit inflows and outflows under a range of market conditions. I am eternally grateful to our employees for continuing to work hard in the face of so much uncertainty, and to our customers for their continued support. We look forward to continuing to provide a safe and reliable banking solution for the digital asset industry."
MEIP

Hot Stocks

17:14 EST MEI Pharma announces 30% workforce reduction - MEIP plans to streamline its organization towards the continued clinical development of voruciclib and ME-344. As a result, it plans to initiate a staggered workforce reduction, initially representing approximately 30% of the current workforce in connection with the wind down of the zandelisib development program outside of Japan, which costs are shared with Kyowa Kirin, our global development partner. Following completion of the zandelisib wind down and associated workforce reductions, MEI expects that, along with any additional workforce reductions to be determined to fully align resources going forward, its existing cash, cash equivalents and marketable securities will be sufficient to fund operations through clinical data milestones for both voruciclib and ME-344.
NOC

Hot Stocks

17:13 EST Northrop Grumman awarded $405.71M Air Force task order - Northrop Grumman has been awarded a $405.71M cost-plus-fixed-fee task order for engineering services. This task order provides for full spectrum lifecycle engineering, technical, and operational support for intelligence activities at Department of Defense and intelligence community customer centers and satellite locations. Work will be performed in Rome, New York, and is expected to be completed by October 2027. This award was the result of a competitive acquisition, and two offers were received. FY23 research, development, test and evaluation funds in the amount of $510,000; FY23 Air Force procurement funds in the amount of $75,000; and FY23 operations and maintenance funds in the amount of $410,000 are being obligated at the time of award. Air Force Research Laboratory is the contracting activity.
PAC

Hot Stocks

17:12 EST GAP Airports reports total November traffic up 22.4% from 2019 level - Grupo Aeroportuario del Pacifico "announces preliminary terminal passenger traffic figures for the month of November 2022, which includes comparisons with the 2019 and 2021 figures to facilitate the reading and understanding of the passenger traffic trend. For November 2022, the total number of terminal passengers at GAP's 12 Mexican airports increased by 24.6%, compared to the same period of 2019. Tijuana, Puerto Vallarta, Los Cabos and Guadalajara presented an increase in passenger traffic of 49.0%, 31.1%, 26.4% and 14.9% respectively, compared to November 2019."
MEIP

Hot Stocks

17:06 EST MEI Pharma announces realignment of clinical development efforts - MEI Pharma announced that it plans to initiate a realignment of its clinical development efforts following the discontinuation of global development outside Japan of its PI3K delta inhibitor, zandelisib. As part of the realignment, the company plans to streamline its organization towards the development of two earlier clinical-stage assets, voruciclib and ME-344. Following completion of the workforce reductions, MEI expects its existing cash, cash equivalents and marketable securities will be sufficient to fund operations through clinical data milestones for both voruciclib and ME-344. The company further announced that it has engaged Torreya Partners as financial advisor to help explore additional strategic opportunities.
GMBL

Hot Stocks

17:06 EST Esports Entertainment receives approval for continued Nasdaq listing - Esports Entertainment Group announced that on November 30, 2022, the Nasdaq Hearings Panel granted its request for continued listing on The Nasdaq Capital Market. The company's continued listing on Nasdaq is subject to its evidencing compliance with the minimum bid price requirement by February 7, 2023, evidencing compliance with the shareholder equity requirement of a minimum $2.5M stockholder's equity by March 31, 2023, and adhering to certain other conditions and requirements. The company is in the process of taking definitive steps to comply with all applicable conditions and criteria for continued listing on Nasdaq.
BRBR

Hot Stocks

17:05 EST BellRing Brands announces new $50M share repurchase plan - BellRing Brands announced its Board of Directors has approved a new $50M share repurchase authorization, with share repurchases under the new authorization beginning on December 5. As of December 5, BellRing had repurchased approximately $45M under its previous $50M share repurchase authorization.
BIVI

Hot Stocks

17:04 EST BioVie announces positive results in NE3107 phase 2 trials - BioVie "announced positive results from two Phase 2 trials assessing NE3107's potential in Parkinson's Disease and Alzheimer's Disease. The NM201 study is a double-blind, placebo-controlled, safety, tolerability, and pharmacokinetics study in Parkinson's disease participants treated with carbidopa/levodopa and NE3107. 45 patients with a defined L-dopa "off state" were randomized 1:1 to placebo:NE3107 20 mg twice daily for 28 days. This trial was launched with two design objectives: 1) the primary objectives are safety and a drug-drug interaction study as requested by the FDA to demonstrate the absence of adverse interactions of NE3107 with levodopa; and 2) the secondary objective is to determine if preclinical indications of promotoric activity and apparent enhancement of levodopa activity can be seen in humans. Both objectives were met."
THG

Hot Stocks

17:03 EST The Hanover raises quarterly dividend to 81c per share - Payable December 30 to shareholders of record at the close of business on December 15.
MEIP

Hot Stocks

17:02 EST MEI Pharma, Kyowa Kirin to discontinue zandelisib development outside Japan - MEI Pharma and Kyowa Kirin Co. announced that after receiving the most recent guidance from a late November meeting with the U.S. FDA, the companies are discontinuing global development of zandelisib outside of Japan for B-cell malignancies. Kyowa Kirin is continuing the ongoing clinical trials including Phase 2 MIRAGE study evaluating Japanese patients with relapsed or refractory indolent B-cell non-Hodgkin lymphomas and will explore the potential for a submission to Japanese health authorities based on data from the MIRAGE and TIDAL clinical trials.
FVCB

Hot Stocks

16:56 EST FVCbank names Bruce Gemmill chief marketing officer - FVCbank announced the addition of Bruce Gemmill to its team of banking leaders. Gemmill's extensive executive and marketing experience position him well for his new role at FVCbank as Senior Vice President / Chief Marketing Officer, the company said. "Having Bruce join our team of great bankers makes us an even stronger bank," said FVCbank's President, Patricia Ferrick. "The fact that FVCbank continues to attract top talent like Bruce is a testament to the exemplary reputation our Bank enjoys. Hiring the best talent strengthens the Bank and provides the continuing momentum needed to increase market share in a very competitive banking environment."
FNKO

Hot Stocks

16:50 EST Funko jumps 4% to $10.85 after announcing management changes
INCR

Hot Stocks

16:39 EST InterCure announces withdrawal of class action lawsuit against it - InterCure announced the withdrawal of a class action lawsuit against it. The Regenera Lawsuit was described in the company's press release dated May 26, 2020 and in the company's most recent annual report and annual information form and it was primarily concerning a motion to certify, as a class action, a claim filed against the company, its directors and its executive officers, alleging that the company violated its obligation to publicly disclose certain events and developments which impacted the valuation of Regenera Pharma. On December 2, the Tel Aviv District Court approved a consent motion to withdraw the Regenera Lawsuit, without any payment to the plaintiff from the Company.
CBOE

Hot Stocks

16:39 EST Cboe Global Markets reports November trading volume - U.S. Options: For the fourth consecutive month, total U.S. options volume reached an all-time high with 313.4M contracts traded across all four Cboe U.S. options exchanges. Total volume in Mini-S&P 500 Index options surpassed 1.3M contracts in November, with average daily volume of 66,000 contracts, the highest month since February 2020. Canadian Equities: Cboe BIDS Canada set a new monthly volume record of 28.2M shares, representing an ADV of 1.3M shares, and surpassing the previous record of 23.2M shares in June 2022. Global FX: Spot Full Amount ADV reached a new all-time monthly high of $15B.
RENN

Hot Stocks

16:35 EST Renren announces update on special cash distribution - Renren announced an increase in the per share amount to be paid in the special cash distribution, that was announced on November 3, 2022, relating to the settlement contemplated by the Stipulation of Settlement, dated as of October 7, 2021 and as amended on May 27, 2022. The amount of the special cash distribution was previously announced to be 70.13c per Renren Class A ordinary share, or $31.5585 per Renren American Depositary Share. Each one ADS currently represents 45 Renren Class A ordinary shares. The special distribution amount, in each case, is prior to the deduction of applicable taxes, fees, and expenses. As a result of interest earned on the settlement account, more funds will be available for distribution from the settlement account on a pro-rata basis, and the amount of the special cash distribution will now be 70.26c per Renren Class A ordinary share, or $31.6170 per Renren ADS; in each case, prior to deduction of applicable taxes, fees and expenses. The special cash distribution is still expected to be paid on December 21, 2022. Due bill period will run from November 18 to December 21.
AMCX

Hot Stocks

16:35 EST AMC Networks names James Dolan interim executive chairman - According to a regulatory filing, on December 5, 2022, in light of the departure of Christina Spade, the company's former Chief Executive Officer, the Board of Directors of AMC Networks appointed James L. Dolan, the company's current Chairman of the Board of Directors, as Interim Executive Chairman of the company.
HEPA

Hot Stocks

16:34 EST Hepion granted 180-day extension by Nasdaq to meet minimum bid requirement - Hepion Pharmaceuticals announced that is has received written notification from the Listing Qualifications Department of The Nasdaq Stock Marke granting the Company's request for a 180-day extension to regain compliance under the Nasdaq Listing Rule 5550(a)(2). The Company now has until May 30 to meet the requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share under Rule 5550(a)(2) on June 3 and was given until November 30 to regain compliance. The Company will continue to monitor its bid price of its common stock.
HLF

Hot Stocks

16:33 EST Herbalife Nutrition falls 10% to $15.70 after offering $250M in convertible debt
CKPT

Hot Stocks

16:32 EST Checkpoint Therapeutics to effect 1-for-10 reverse stock split - Checkpoint Therapeutics announced that it will effect a 1-for-10 reverse stock split of its issued and outstanding common stock. Checkpoint expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the commencement of trading on December 6. The reverse stock split was approved on November 3 by Checkpoint's board of directors and stockholders representing approximately 58% of the voting power of Checkpoint's outstanding capital stock. The reverse stock split is intended to improve the marketability and liquidity of Checkpoint's common stock and to remain in compliance with Nasdaq's continued listing requirements.
ASR

Hot Stocks

16:31 EST Asur reports November total passenger traffic up 25.2% vs. 2019 - Asur announced that passenger traffic for November 2022 reached a total of 5.8M passengers, 25.2% above the levels reported in November 2019. Compared to November 2019, passenger traffic increased by 38.8% in Colombia, 24.1% in Mexico and Puerto Rico by 11.2%. Passenger traffic growth in Colombia and Mexico was mainly driven by international traffic and in Puerto Rico by domestic traffic.
IBP

Hot Stocks

16:31 EST Installed Building Products acquires Orr Industries - Installed Building Products "announced the acquisition of Orr Industries, LLC. Established in 2012, Orr has locations near Scranton, PA with services in Pennsylvania and New York. Orr primarily installs spray foam and fiberglass insulation in residential and commercial projects and offers fireproofing and waterproofing services for commercial structures as well." CEO Jeff Edwards states: "With approximately $10 million of annual revenue, Orr expands our presence in Pennsylvania."
ATAX GHI

Hot Stocks

16:28 EST America First Multifamily Investors changes name to Greystone Housing Impact - America First Multifamily Investors (ATAX) announced that, effective 12:01 a.m. Eastern Time on December 5, it has changed its legal name to Greystone Housing Impact (GHI). In addition, the partnership also announced the commencement of trading of its beneficial unit certificates representing assigned limited partnership interests on the New York Stock Exchange as of the opening of markets on December 5 under the ticker symbol (GHI).
GTLB

Hot Stocks

16:25 EST GitLab jumps almost 14% after Q3 report, guidance beat expectations - Shares of software for the software development lifecycle in the United States, Europe, and the Asia Pacific, GitLab, are up approximately 14% or $5.33 per share, in after market trade, to almost $44 per share, after the company's quarterly report and guidance beat expectations.
FNKO

Hot Stocks

16:21 EST Funko names Brian Mariotti as new CEO, Scott Yessner as interim CFO - Funko "announced a series of leadership changes to strengthen the Company's operations, drive enhanced returns for stockholders and best position Funko to capture the significant opportunities ahead. Brian Mariotti, Chief Creative Officer, board member and former Chief Executive Officer of Funko, has been appointed Chief Executive Officer, effective immediately. Mr. Mariotti succeeds Andrew Perlmutter, who is stepping down as CEO and will become President, effective immediately. As President, Mr. Perlmutter will focus primarily on growing the Company's brands and will remain on the Board of Directors. Mr. Mariotti has a mandate from the Board to identify operational improvements while continuing to drive profitable growth. Jennifer Fall Jung is stepping down as Chief Financial Officer, effective immediately. The Board has initiated a search to identify the Company's next permanent CFO. Scott Yessner will serve as interim CFO until Ms. Fall Jung's successor is identified. Mr. Yessner has been engaged through Tatum, a global talent services firm, and brings a 20-year track record of helping companies during transformative periods. The Board is also creating a new role of Chief Operating Officer and will work to identify a world class executive to fill that role and lead the Company's operational improvements. The Board has retained a leading executive search firm to assist in the search for the permanent CFO and the COO."
NAII

Hot Stocks

16:19 EST Natural Alternatives International raises share repurchase plan by $1M - Natural Alternatives International announced its Board of Directors authorized a $1M increase to its stock repurchase plan bringing the total plan authorized repurchase amount to $19M. "To date, we have purchased 2.1 million shares under this repurchase plan and after this increase we will have $1.2 million available for future stock repurchases under the plan."
UPH

Hot Stocks

16:18 EST UpHealth announces 10:1 reverse stock split - UpHealth announced that the Company's Board of Directors has approved a 10:1 reverse stock split of the Company's issued and outstanding common stock. The reverse stock split will become effective at 4:01 p.m., Eastern Time, on December 8 after close of trading on the New York Stock Exchange. As of that time, each 10 shares of issued and outstanding common stock will be converted into one share of common stock. The Company's common stock is expected to commence trading on a split-adjusted basis when the markets open on December 9 , under the existing trading symbol "UPH." The new CUSIP number for the Company's common stock following the reverse stock split will be 91532B200.
LQDA

Hot Stocks

16:18 EST Liquidia enters Treprostinil Injection collaboration with Sandoz, Mainbridge - Liquidia announced a collaboration with Sandoz and Mainbridge Health Partners to support the development of a new subcutaneous pump for infusion of Treprostinil Injection, a generic form of Remodulin, for which Liquidia has the exclusive rights to promote and commercialize with Sandoz. To enable the collaboration, Sandoz and Liquidia will enter into a joint agreement with Mainbridge. Mainbridge will perform all development, validation and testing activities required for the pump and related consumables. The parties anticipate submitting a 510(k) in 2023 for FDA clearance. Sandoz and Liquidia will split equally the development costs. In connection with the execution of the Pump Agreement, Liquidia and Sandoz also agreed to extend their promotion agreement for Treprostinil Injection by another five years until December 31, 2032.
UBER

Hot Stocks

16:17 EST Chicago announces $10M settlement with Uber over restaurant listings - The City of Chicago announced that Uber has agreed to a settlement stemming from the City's investigation into UberEats' and Postmates' practices of listing Chicago restaurants on their platforms without the restaurants' consent, being in violation of the City's emergency fee cap ordinance, and other advertising-related conduct. The City acknowledges Uber's cooperation in bringing this investigation to closure. Under the settlement terms: In September 2021, in response to the City's discovery of unlawful conduct, Uber repaid $3.33M to Chicago restaurants that had been charged commissions exceeding 15%, in violation of the City's emergency fee cap ordinance; Uber will pay an additional $2.25M to Chicago restaurants that were charged commissions in excess of the limits set by the City's emergency fee cap; After reaching out to Uber in 2021, the company removed all remaining Chicago restaurants that had been listed on Uber's platforms without consent and agreed not to list Chicago restaurants without consent in the future; Uber will pay $500,000 to Chicago restaurants that Uber listed on its meal delivery platforms without consent and that do not currently contract with Uber; Uber will provide $2.5M in commission waivers to Chicago restaurants that were listed on Uber's platforms without consent and that do not currently contract with Uber; Uber will pay $1.5M to the City to cover the costs and fees of its investigation. Reference Link
BHR

Hot Stocks

16:16 EST Braemar Hotels & Resorts reports preliminary portfolio occupancy 64% for Nov. - Braemar Hotels & Resorts reported preliminary portfolio occupancy of approximately 64% for the month of November with an average daily rate of approximately $394 resulting in RevPAR of approximately $253. This RevPAR reflects an approximate increase of 5% versus November 2021 and an approximate increase of 15% compared to November 2019. Additionally, for the month of October, preliminary portfolio occupancy was approximately 73% with an ADR of approximately $382 resulting in RevPAR of approximately $280. This RevPAR reflects an approximate increase of 25% versus October 2021 and an approximate increase of 14% compared to October 2019. The preliminary operating information discussed above assumes the 15 hotel properties owned and included in the company's operations at November 30, were owned as of the beginning of 2019.
SUM

Hot Stocks

16:16 EST Summit Materials declares special stock dividend of 17c per share - The special stock dividend is payable on December 29, 2022 to stockholders of record as of the close of business on December 15, 2022.
ROCK

Hot Stocks

16:15 EST Gibraltar Industries says COO Burns to depart from position - In a regulatory filing, Gibraltar Industries disclosed that on December 2, the company and Patrick Burns, the company's Chief Operating Officer, mutually agreed that Burns will depart from his position, effective December 30. "Following such date, the responsibilities of Chief Operating Officer will be reallocated among members of the company's existing management team," the filing stated.
DLNG

Hot Stocks

16:15 EST Dynagas LNG reports new U.S. tax rules on PTPs don't affect unit holders - Dynagas LNG Partners announced that new U.S. Treasury Regulations that come into effect on January 1 will require brokers to withhold on gross proceeds received by a non-U.S. person from the sale of an interest in a publicly traded partnership which is taxed as a partnership for U.S. federal income tax purposes a . As a result of these new regulations, certain non-U.S. brokers may not permit non-U.S. persons to hold such PTP interests in their brokerage account. The Partnership is a publicly traded partnership that has elected to be taxed as a corporation for U.S. federal income tax purposes. Therefore, interests in the Partnership are not subject to these new regulations.
MDWD

Hot Stocks

16:13 EST MediWound to effect 1-for-7 reverse share split - MediWound announced that it intends to effect a 1-for-7 reverse share split of its ordinary shares. Subject to the company's satisfaction of Nasdaq Operations notice requirements, the scheduled effective date is December 20, with trading on a reverse split-adjusted basis to begin at market open on that day. Trading of the company's ordinary shares will continue on the Nasdaq Global Market under the symbol (MDWD), but the shares will trade under the new CUSIP number, M68830112. In the event of a delay in the effective date, the company will update the public via a subsequent press release.
CTG

Hot Stocks

16:11 EST Computer Task Group names Herman Kalra as CPO - CTG announced the addition of Herman Kalra as the company's new chief people officer, or CPO. He joins the executive leadership team as a VP and will report to Filip Gyde, CTG president and CEO. As CPO, Kalra assumes executive responsibility for strategic and operational leadership for all areas of the global people organization, including organizational design, talent acquisition, compensation and benefits, learning and career development, employee experience and engagement, culture, diversity, equity, and inclusion.
MEOA

Hot Stocks

16:08 EST Minority Equality Opportunities extends deadline to complete combination - Minority Equality Opportunities Acquisition announced that, at a special meeting of its stockholders held on November 29, its stockholders had approved an amendment to its amended and restated certificate of incorporation to extend the date by which the company must consummate its initial business combination from November 30, 2022 up to six one-month extensions to May 30, 2023, or such earlier date as determined by the company's board of directors. In connection with each one-month extension, funds in the amount of $83,333.33 must be deposited into the company's trust account, for an aggregate deposit for the full six month extension period of $500,000. On November 30, $83,333.33 was deposited into the company's trust account to extend the period by which the company must consummate its initial business combination for the first of such one-month extensions. The extension provides the company with additional time to complete its proposed business combination with Digerati Technologies, Inc. pursuant to the Business Combination Agreement dated as of August 30 between the company and Digerati Technologies.
OWLT

Hot Stocks

16:06 EST Owlet discloses NYSE listing standard notice - Owlet reports that on November 29, 2022, it received notice from the New York Stock Exchange that as of November 28, 2022, the average closing price of the Company's common stock was less than $1.00 per share over a period of 30 consecutive trading days, and the Company is therefore not in compliance with Section 802.01C of the NYSE Listed Company Manual.
SSNC

Hot Stocks

16:06 EST SS&C acquires Complete Financial Ops, Inc., terms not disclosed - SS&C Technologies announced it has acquired Complete Financial Ops, Inc. Fund Services, a Colorado-based fund administration firm. CFO Fund Services delivers tailored fund administration to private equity funds and family offices. Terms of the all-cash deal were not disclosed.
PIXY

Hot Stocks

16:05 EST ShiftPixy withdraws application to list on Upstream - ShiftPixy announced it is withdrawing the company's application to list its securities or the securities of ShiftPixy Labs, Inc. on Upstream.
BTBT

Hot Stocks

16:02 EST Bit Digital announces November production update - Corporate Highlights for November: In November, the company earned 144.1 bitcoins, a 5% decrease compared to the prior month. The decline in production was driven by an increase in network difficulty. Treasury holdings of BTC and ETH were 950.3 and 7,064.7 with a fair market value of approximately $16.3M and $9.2M, respectively, on November 30. The BTC equivalent of digital asset holdings as of November 30 was approximately 1,679.9. The company owned 38,593 bitcoin miners and 730 Ethereum miners as of November 30, with an estimated maximum total hash rate of 2.7 Exahash and 0.3 Terahash, respectively. 39% of the company's bitcoin mining fleet, or 14,978 bitcoin miners representing 1.40 EH/s, was actively hashing in North America as of November 30.
DRS

Hot Stocks

16:01 EST Leonardo DRS receives contract award for U.S. Army FLIR sensors - Leonardo DRS announced that it has received a contract award from the U.S. Army to provide advanced infrared sensors for the next-generation sighting systems. These sensors will replace the current Horizontal Technology Integration, 2nd Generation Sensors for high-value platforms across the US Army fleet, including the Abrams Main Battle Tank, and the Optionally Manned Fighting Vehicle. The Firm-Fixed-Price and Cost Plus-Fixed-Fee contract is worth $39.5M. Under the contract, awarded on August 23, 2022, DRS will develop and produce Low-Rate Initial Production of the 3GEN Forward Looking Infrared Dewar Cooler Bench long-range sensor. The DCB converts infrared radiation into video images and is the key enabler for the next generation of FLIR sights, providing improved situational awareness with significant improvements in range and resolution under a full spectrum of degraded weather and battlefield conditions. The US Army chose DRS as the only provider for this key technology capability. "We are proud to be the only company chosen to provide this next-generation technology that will help ensure our warfighters are using the most advanced lifesaving technology available today," said Jerry Hathaway, Senior Vice President and General Manager of the DRS Electro-Optical and Infrared Systems business, "For the last 20 years, we have successfully provided our customer with the HTI, the previous generation of this sensor, and this award positions DRS for multiple decades of sustained production while setting the stage to extend its position as the U.S. Army's premier supplier of ground combat vehicle sensors and sights."
SRNE

Hot Stocks

15:04 EST Sorrento presents Phase 2 results on PD-L1 checkpoint inhibitor IMC-001 - Sorrento Therapeutics announced the results of a Phase II NK/T-cell lymphoma study of IMC-001, a PD-L1 monoclonal antibody licensed to ImmuneOncia Therapeutics, a biotechnology company specializing in immuno-oncology drug development, jointly established by Yuhan Corporation of Korea and Sorrento. The Phase II NK/T-cell lymphoma study was selected for an oral presentation at the Asian Congress of the European Society for Medical Oncology in Singapore on December 4, the company reported. "The clinical data demonstrated that in patients with heavily treated NK/T-cell lymphoma, 6 of 10 evaluable patients, or 60%, not only achieved an objective response, but all 6 patients with an objective response also achieved a complete remission with IMC-001. Additionally, 4 of these 6 patients stayed on treatment for over a year, which provides encouraging indication of long-term IMC-001 treatment safety and durable efficacy," the company reported. Henry Ji, Ph.D., CEO of Sorrento, commented, "We expect to leverage these data to create momentum to secure additional partnership and co-development opportunities for IMC-001 in regions with a high incidence of NK/T-cell lymphoma, such as China, as well as in other indications."
TNGX

Hot Stocks

14:56 EST Tango Therapeutics treatment of malignant glioma granted orphan designation - Tango Therapeutics' treatment of malignant glioma was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
JNJ HZNP

Hot Stocks

14:41 EST J&J says 'it does not intent to make offer' for Horizon Therapeutics - Johnson & Johnson (JNJ) says it has "no intention to bid statement for Horizon Therapeutics" (HZNP). According to a statement by the company, "Further to the announcement by Horizon on November 29, 2022, Janssen Global Services, confirmed today that it does not intend to make an offer for Horizon. Accordingly, the company will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules."
JKHY

Hot Stocks

13:05 EST Jack Henry selected by TIB to provide technology infrastructure - Jack Henry announced that it has been selected by TIB, N.A. to provide technology infrastructure. This technology will allow community banks to continue innovating, supporting their distinct growth strategies, and competing with larger financial institutions and fintechs.
WBEV

Hot Stocks

13:03 EST Winc Inc trading halted, news pending
FUV

Hot Stocks

13:00 EST Arcimoto trading resumes
FUV

Hot Stocks

12:50 EST Arcimoto trading halted, volatility trading pause
ABB

Hot Stocks

12:48 EST Justice Department confirms $315M settlement with ABB - ABB has agreed to pay more than $315M to resolve an investigation into violations of the Foreign Corrupt Practices Act stemming from the bribery of a high-ranking official at South Africa's state-owned energy company, the Department of Justice announced on Friday. The Department of Justice's resolution is coordinated with prosecutorial authorities in South Africa and Switzerland, as well as the U.S. Securities and Exchange Commission. Reference Link
META

Hot Stocks

12:36 EST Meta expands age verification test to Facebook Dating in U.S. - Meta said it is expanding its age verification test to Facebook Dating in the U.S." We require people to be at least 18 years old in order to sign up for and access Facebook Dating, and age verification tools will help verify that only adults are using the service and help prevent minors from accessing it," the company said in a blog post. "We're also continuing our partnership with Yoti, a company that specializes in online age verification, so that people have more than one option to choose from to verify their age." Reference Link
GILD

Hot Stocks

12:27 EST Gilead terminates study of GS-3583 due to safety assessment - A post to the clinicaltrials.gov website last updated on December 5 states that sponsor Gilead Sciences terminated a study to evaluate the safety, tolerability, pharmacokinetics, and preliminary efficacy of GS-3583 in participants with advanced solid tumors. The study, which was intended to characterize the safety and tolerability of GS-3583 as monotherapy, and to determine the maximum tolerated dose or recommended Phase 2 dose of GS-3583 as monotherapy in participants with advanced solid tumors, was terminated due to a "sponsor decision to prematurely discontinue the study, following an internal safety assessment of the molecule," according to the post. Reference Link
META

Hot Stocks

12:18 EST User reports indicate problems at Meta's Facebook, Downdetector says - Reference Link
VALN

Hot Stocks

12:08 EST Valneva reports primary endpoint met with 99% seroresponse rate in VLA1553 trial - Valneva earlier today reported "positive" antibody persistence data twelve months after vaccination with a single dose of its chikungunya vaccine candidate, VLA1553. Following immunogenicity and safety data for Phase 3 study VLA1553-301 in March 20221, Valneva set up a dedicated antibody persistence trial, VLA1553-303, to monitor a subset of participants for a period of at least five years and confirm the anticipated long-term durability of the antibody response after a single vaccination. "The antibody persistence trial enrolled 363 healthy adult participants and followed them from month 6 after vaccination to month 12. 99% of participants retained neutralizing antibody titers above the seroresponse threshold of 1502 12 months after the single-dose vaccination. These antibody levels confirm the antibody persistence profile observed in an earlier study. The antibody persistence was similar in older adults aged =65 years, who retained neutralizing antibody titers comparable to younger adults throughout the follow-up. These results follow completion of the pivotal study VLA1553-301, for which a seroresponse rate of 96% six months after vaccination1 was reported. The study will continue to monitor antibody persistence on an annual basis. No safety concerns were identified for the duration of the follow-up study, confirming the safety profile observed in previous studies," the company reported. Juan Carlos Jaramillo M.D., Chief Medical Officer of Valneva, said, "We are excited about these twelve-month data which are in line with what we saw from our previous read out at month 6, and strengthen the possibilities of inducing a long-lasting antibody response with our chikungunya vaccine candidate. We are looking forward to completing the BLA rolling submission to the FDA and potentially to changing people's lives. If our investigational vaccine is approved, we are confident that it can help address this major, growing and unmet public health threat." Valneva expects to finalize its BLA submission with the FDA by the end of 2022. Once completed, and if the FDA accepts the filing, the FDA will determine priority review eligibility along with the action due date upon which it will complete its evaluation. The program received FDA Fast Track and Breakthrough Therapy designations in 2018 and 2021, respectively. VLA1553 was also granted PRIority MEdicine, or PRIME, designation by the EMA in 2020. Valneva currently plans to make additional regulatory submissions for VLA1553 in 2023. Valneva also initiated a Phase 3 trial in adolescents conducted in Brazil by Instituto Butantan to support the label extension in this age group following a potential initial regulatory approval.
CBZ

Hot Stocks

12:06 EST CBIZ appoints Elizabeth Newman as CAO, CHRO - CBIZ has named Elizabeth Newman to assume the dual role of Chief Administrative Officer and Chief Human Resources Officer effective December 1, 2022. Newman, who has served as Interim CHRO since September, will provide oversight for the Company's administrative functions and will lead Human Resources for all aspects of the business including cross-functional strategic projects and organizational transformation. In addition to her responsibilities as Interim CHRO, Newman also served as Chief of Staff and will continue her role on the Executive Leadership Team.
NRGV

Hot Stocks

12:00 EST Energy Vault falls -8.7% - Energy Vault is down -8.7%, or -31c to $3.26.
MNSO

Hot Stocks

12:00 EST Miniso falls -9.3% - Miniso is down -9.3%, or -$1.11 to $10.85.
AMPX

Hot Stocks

12:00 EST Amprius Technologies falls -21.9% - Amprius Technologies is down -21.9%, or -$2.26 to $8.05.
GHG

Hot Stocks

12:00 EST GreenTree Hospitality rises 10.4% - GreenTree Hospitality is up 10.4%, or 34c to $3.60.
AGTI

Hot Stocks

12:00 EST Agiliti rises 13.7% - Agiliti is up 13.7%, or $2.38 to $19.81.
KOLD

Hot Stocks

12:00 EST ProShares UltraShort Bloomberg Natural Gas rises 16.1% - ProShares UltraShort Bloomberg Natural Gas is up 16.1%, or $2.74 to $19.81.
ILMN

Hot Stocks

11:45 EST European Commission says Illumina has to unwind Grail acquisition - The European Commission earlier today sent a "Statement of Objections" to Illumina and Grail informing them of the restorative measures it intends to adopt under the EU Merger Regulation, following the Commission's decision to prohibit the implemented acquisition of Grail by Illumina. Illumina has to unwind the acquisition to give the Commission's prohibition decision its full effect, the agency said in a statement. In the Statement of Objections, the Commission sets out the intended restorative measures which include: tthe divestment measures that the Commission considers Illumina must implement to unwind the transaction with Grail and the transitional measures that Illumina and Grail need to comply with until Illumina has dissolved the transaction. "Specifically, the divestment measures must be implemented in line with the following principles: First, the dissolution of the transaction must restore Grail''s independence from Illumina, to the same level that Grail had prior to the completion of the transaction. Second, Grail must be as viable and competitive after the divestment as it was before Illumina's acquisition, to ensure that the innovation race between Grail and its rivals can continue as before. Finally, the divestment must be executable swiftly and with sufficient certainty, so that the pre-transaction situation can be restored promptly," the agency wrote.
RIVN

Hot Stocks

11:02 EST Rivian Automotive enters wind energy deal with Apex Clean Energy - Rivian and Apex Clean Energy announced the signing of a power purchase agreement for 50 megawatts of electricity from the renewable energy company's proposed Goose Creek Wind farm in Piatt County, Illinois. As Rivian's first large-scale procurement, the agreement supports the company's long-term vision of enabling high-impact renewable energy projects that reduce its carbon footprint while also benefiting customers, communities, and the electrical grid. This purchase, along with other renewable sourcing and on-site generation, will allow Rivian to power as much as 75% of its Normal, Illinois, plant operations with carbon-free energy on an hourly basis. The PPA will also contribute to the company's commitment to power its Rivian Adventure Network and Waypoints charging with 100% renewable energy.
CND

Hot Stocks

10:40 EST Concord Acquisition Corp trading resumes
AXTA

Hot Stocks

10:30 EST Axalta Coating enters multiyear agreement with Steer Automotive Group - Axalta signed a multi-year agreement with Steer Automotive Group. Under the terms of the agreement, Axalta is the single preferred paint partner, supplying its premium refinish brand Standox to Steer Automotive Group's 57 UK sites.
PZG

Hot Stocks

10:11 EST Paramount Gold Nevada receives permit for Bald Peak Project - Paramount Gold Nevada announced today that it has received the permit from the US Forest Service to drill its Bald Peak Project in Mineral County, Nevada. The Bald Peak project consists of a 4-mile-long prospective area with significant gold mineralization identified in surface samples, promising geophysical targets, and excellent geology within the Aurora-Borealis mining district. These two mines have produced more than 2 million ounces of gold for owner Hecla Mining. Hecla plans to conduct exploration drilling at their Aurora site to replenish resources after having consolidated their land position, and the nearby, open pit Borealis Mine is currently in production with a heap leach recovery operation. With significant gold grades identified at surface, Bald Peak displays similar surface features as Hecla's Aurora mine. In 2021, Paramount conducted additional surface sampling to supplement soil and rock samples taken by previous property holders. A total of 44 rock chip samples were assayed yielding an average of 2.62 g/T gold with values up to 10.58 Au g/T. Many of the rock samples were taken from areas with large vein structures and silicified outcrops. A Control Source Audio Magneto Telluric survey totalling 21-line kilometers was conducted over the most prospective areas. The CSAMT resulted in the mapping of several structural features and high resistivity zones that coincide with silicified outcrops host to significant gold values identified in rock chip samples.
CRMT

Hot Stocks

10:01 EST America's Car-Mart to acquire Taylor Auto Credit, terms not disclosed - America's Car-Mart announced that its subsidiary, America's Car Mart, Inc., has entered into a definitive agreement to purchase the ongoing dealership assets of Credit-Line, Incorporated and Loanco., Inc., both Texas corporations doing business as Taylor Auto Credit. As a result, the company will be entering a new market in Taylor, Texas. The existing finance receivables will be excluded from the transaction and will be collected by the seller. The company expects to close the agreement prior to December 31, 2022.
CND

Hot Stocks

10:00 EST Concord Acquisition to redeem public shares, will not consummate combination - Concord Acquisition Corp announced that it will redeem all of its outstanding shares of Class A common stock, effective as of the close of business on December 20, 2022, because the Company will not complete an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation. Pursuant to the Company's Certificate of Incorporation, if the Company has not completed an initial business combination by December 10, 2022, the Company will cease all operations except for the purpose of winding up, as promptly as reasonably possible but no more than ten business days thereafter subject to lawfully available funds therefor, redeem 100% of the issued and outstanding shares of Class A common stock issued in its initial public offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest, divided by the number of then outstanding public shares, which redemption will completely extinguish rights of the public stockholders, subject to applicable law, and as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the Company's board of directors, in accordance with applicable law, liquidate and dissolve, subject in each case to the Company's obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. The per-share redemption price for the public shares is expected to be approximately $10.17. In accordance with the terms of the related trust agreement, the Company expects to retain interest earned on the funds deposited in the trust account to pay the Company's tax obligations and $100,000 of dissolution expenses. As of the close of business on the Redemption Date, the public shares will be deemed to no longer be outstanding and will represent only the right to receive the Redemption Amount for each such public share. The Redemption Amount will be payable to the holders of the public shares upon presentation of their respective stock or unit certificates or other delivery of their shares or units to the Company's transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of public shares held in "street name," however, will not need to take any action in order to receive the Redemption Amount. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless. The Company expects that the last day of trading of its units, Class A common stock and warrants on the NYSE will be December 10, 2022, following which, the Company expects that the NYSE will file a Form 25 with the United States Securities and Exchange Commission to delist its units and Class A common stock. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
UNG

Hot Stocks

10:00 EST United States Natural Gas Fund falls -7.2% - United States Natural Gas Fund is down -7.2%, or -$1.37 to $17.71.
CPNG

Hot Stocks

10:00 EST Coupang falls -7.4% - Coupang is down -7.4%, or -$1.45 to $18.18.
AMPX

Hot Stocks

10:00 EST Amprius Technologies falls -12.9% - Amprius Technologies is down -12.9%, or -$1.33 to $8.97.
AGTI

Hot Stocks

10:00 EST Agiliti rises 11.2% - Agiliti is up 11.2%, or $1.96 to $19.39.
KOLD

Hot Stocks

10:00 EST ProShares UltraShort Bloomberg Natural Gas rises 14.4% - ProShares UltraShort Bloomberg Natural Gas is up 14.4%, or $2.46 to $19.53.
MSC

Hot Stocks

10:00 EST Studio City rises 16.5% - Studio City is up 16.5%, or 43c to $3.07.
VERV

Hot Stocks

09:58 EST Verve Therapeutics sinks 21% after FDA requests more clinical data
BLNK

Hot Stocks

09:57 EST Blink Charging enters distribution agreement with ZOOZ Power - Blink Charging announced it has signed a distribution agreement with ZOOZ Power for the distribution, sale, and deployment of ZOOZ's Kinetic Power Booster, the ZOOZTER-100, that utilizes advanced technology for storing kinetic energy in flywheels to power EV DC fast chargers.
VERV

Hot Stocks

09:57 EST Verve Therapeutics receives information from FDA regarding clinical hold - Verve Therapeutics disclosed that on December 2, it received a clinical hold letter from the Food and Drug Administration that outlined the information required to resolve the clinical hold, including additional preclinical data relating to: potency differences between human and non-human cells, risks of germline editing, and off-target analyses in non-hepatocyte cell types. The FDA also requested available clinical data from the ongoing heart-1 trial. In addition, the FDA has requested that Verve modify the trial protocol in the United States to incorporate additional contraceptive measures and to increase the length of the staggering interval between dosing of participants. Verve intends to submit a response "as expeditiously as possible." It added, "Verve continues to enroll patients in the heart-1 clinical trial in New Zealand and the United Kingdom and plans to report initial safety and pharmacodynamic data from the dose-escalation portion of the heart-1 trial in the second half of 2023." As previously announced, Verve was informed on November 4 by the FDA that its IND application to conduct a clinical trial in the United States evaluating VERVE-101 in patients with heterozygous familial hypercholesterolemia, a prevalent and potentially life-threatening subtype of atherosclerotic cardiovascular disease, had been placed on hold.
RXT

Hot Stocks

09:51 EST Rackspace under pressure following 'security incident' across some servers - Rackspace said its Hosted Exchange environment was hit by a "security incident" last Friday, and it has decided to take the services offline as it investigates scope and impact of the incident. "On Friday, Dec 2, 2022, we became aware of an issue impacting our Hosted Exchange environment. We proactively powered down and disconnected the Hosted Exchange environment while we triaged to understand the extent and the severity of the impact. After further analysis, we have determined that this is a security incident. The known impact is isolated to a portion of our Hosted Exchange platform. We are taking necessary actions to evaluate and protect our environments," the company said in its report. Rackspace has since provided other updates, saying that "We have successfully restored email services to thousands of customers on Microsoft 365 and continue to make progress on restoring email service to every affected customer. At this time, moving to Microsoft 365 is the best solution for customers who can now also implement temporary forwarding." Shares of Rackspace have dropped about 10% to $4.37 in Monday morning trading. Reference Link
AMPX

Hot Stocks

09:47 EST Amprius Technologies falls -10.5% - Amprius Technologies is down -10.5%, or -$1.08 to $9.23.
NL

Hot Stocks

09:47 EST NL Industries falls -12.7% - NL Industries is down -12.7%, or -89c to $6.13.
CATO

Hot Stocks

09:47 EST Cato Corp. falls -13.5% - Cato Corp. is down -13.5%, or -$1.36 to $8.73.
XPEV

Hot Stocks

09:47 EST XPeng rises 11.8% - XPeng is up 11.8%, or $1.35 to $12.80.
AGTI

Hot Stocks

09:47 EST Agiliti rises 12.7% - Agiliti is up 12.7%, or $2.21 to $19.64.
KOLD

Hot Stocks

09:47 EST ProShares UltraShort Bloomberg Natural Gas rises 13.6% - ProShares UltraShort Bloomberg Natural Gas is up 13.6%, or $2.32 to $19.39.
STG

Hot Stocks

09:43 EST Sunlands Technology Group - ADR trading resumes
MHUA

Hot Stocks

09:39 EST Meihua appoints Xin Wang as CEO, Lianzhang Zhao as CFO - Meihua International Medical Technologies announced the appointments of Mr. Xin Wang as CEO and director, Mr. Lianzhang Zhao as CFO and Ms. Huijuan Zhao as independent board member, member of the compensation committee and audit committee, and chair of the nominating committee, effective as of December 1st, 2022, to fill the vacancies arising from the voluntary resignations of Mr. Yulin Wang as CEO, interim CFO and director of the Company due to the expiration of his employment contract, and Mr. Xu Han as independent board member, member of compensation committee and audit committee, and chair of nominating committee, who resigned for personal reasons. Prior to joining MHUA, from 2021 until 2022, Mr. Xin Wang was CEO of the Jiangsu Yada Technology Group Prior to his appointment at MHUA, Mr. Lianzhang Zhao was Senior Partner at Yangzhou Hanrui Accounting Firm from 2013 to 2022. Ms. Huijuan Zhao served as a member of the management team at Ping'An Bank, where she oversaw services for high net wealth clients and risk control practices from 2019 to 2022.
STG

Hot Stocks

09:38 EST Sunlands Technology Group - ADR trading halted, volatility trading pause
NYMX

Hot Stocks

09:32 EST Nymox submits MAA in Europe for NYMOZARFEX - Nymox Pharmaceutical announced that a new formal submission has been made by the Company in Europe for Fexapotide Triflutate for the treatment of benign prostatic hyperplasia. The trademarked name for the product in the application is NYMOZARFEX. The Marketing Authorization Application was submitted to the Danish authorities. The Company will provide further information, including other expected submissions, when the information becomes available.
GMVD

Hot Stocks

09:28 EST G Medical Innovations receives two U.S. patents for monitoring products - G Medical Innovations Holdings announced that it received two granted patents from the United States Patent and Trademark office for its monitoring products marketed in the U.S. market. The granted patents are: METHOD, DEVICE AND SYSTEM FOR NON-INVESIVELY MONITORING PHYSIOLOGICAL PARAMETERS: This patent integrates sensing mechanism that allows the monitoring system to analyze the sensing condition prior to performing and during continuous monitoring of physiological signals from the body. This allows higher and more accurate sensing that: results in reducing false positive reading including false alarms. JACKET FOR MEDICAL MODULE The patent harness the traditionally use smartphone flip case concept and convert it to a medical case allowing consumers and patients to carry their Smartphones and monitoring device together, ensuring the ability of monitoring vital signs and other parameters, Anywhere, Anytime.
MMSI

Hot Stocks

09:27 EST Merit Medical enrolls first patient in EmboCube observational study - Merit Medical Systems announced the successful enrollment of the first patient in its prospective, observational study of EmboCube Embolization Gelatin used to control bleeding or hemorrhage. The EmboCube Embolization Gelatin study is designed to enroll 100 patients across multiple centers in Australia and France. Currently, EmboCube is not approved for commercial distribution in Australia. EmboCube has received the Conformite Europeenne mark approval in Europe, 510(k) clearance in the United States, and is registered in Canada. Based on the CE-mark, EmboCube is currently marketed in countries in the European Union, Argentina, Columbia, New Zealand, South Korea, and Hong Kong.
CND

Hot Stocks

09:26 EST Concord Acquisition Corp trading halted, news pending
HLAH

Hot Stocks

09:24 EST Hamilton Lane Alliance Holdings I announces liquidation - Hamilton Lane Alliance Holdings I announced that due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, as amended, the company intends to dissolve and liquidate in accordance with the provisions of its Amended Charter, effective as of December 15, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at a per-share redemption price of $10.08. As of the close of business on December 14, 2022, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The company anticipates that the Public Shares will cease trading on The Nasdaq Stock Market as of the close of business on December 14, 2022. The company's sponsor has agreed to waive its redemption rights with respect to its outstanding Class B common stock issued prior to the company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the company's warrants, which will expire worthless.
DSX

Hot Stocks

09:23 EST Diana Shipping announces delivery of m/v DSI Pegasus - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v DSI Pegasus, a 2015 built Ultramax dry bulk vessel of 60,508 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022.
XPOF

Hot Stocks

09:20 EST Xponential Fitness signs master franchise agreement in Japan for Rumble, AKT - Xponential Fitness announced it has signed a master franchise agreement in Japan for Rumble and AKT. The agreement was signed with Wellness X Asia, Xponential's existing Master Franchise Partner in Japan for Club Pilates and CycleBar. Wellness X Asia will now be responsible for the country-wide development of Rumble and AKT, in addition to Club Pilates and CycleBar. The agreement provides the Master Franchise Partner with the opportunity to license a minimum of 100 new studios over the next eight years, across the two brands. Wellness X Asia is led by Japanese entrepreneur Naoki Shimabukuro who is also the Founder of the franchise marketing agency, Idealink Co. in Japan and Singapore, which assists franchisors in generating prospective franchise partner leads. Shimabukuro acquired the master franchise rights for Club Pilates in 2019, which marked Xponential's first international agreement. Now with 30 territories sold and 14 Club Pilates studios open in Japan, Wellness X Asia's first CycleBar studio will open in early 2023, followed by its first Rumble and AKT studios expected to open in late 2023.
PSHG

Hot Stocks

09:18 EST Performance Shipping announces delivery of M/T P. Monterey - Performance Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Monterey, a 2011-built Aframax tanker vessel of 105,525 dwt that the Company entered into an agreement to purchase in September 2022. As previously announced, the M/T P. Monterey was acquired for a total purchase price of $35 million and partially financed through the recently announced term loan facility with Piraeus Bank S.A. Following the delivery, as previously disclosed, the vessel will commence a time charter contract with ST Shipping & Transport Pte Ltd., a wholly-owned subsidiary of Glencore, at a daily rate of $32,000 per day for a period of twenty-four months +/- 45 days at the option of the charterer. The M/T P. Monterey is equipped with a ballast water treatment system, and its next scheduled special survey is not due until 2026. The vessel is the third vessel delivered to the Company during the course of this year.
GTLS

Hot Stocks

09:16 EST Chart Industries announces proposed offering of senior notes - Chart Industries announced that, subject to market conditions and other conditions, it intends to offer up to $1,310,000,000 aggregate principal amount of senior secured notes due 2030 and $750,000,000 aggregate principal amount of senior unsecured notes due 2031. Chart intends to use the proceeds from the offering, together with convertible preferred stock Chart may issue to the primary seller as consideration for the acquisition and borrowings under a new term loan B facility, to fund the previously announced acquisition of Howden and pay all associated costs and expenses. The Notes will be fully and unconditionally guaranteed, jointly and severally, by each of Chart's wholly owned domestic subsidiaries that guarantee its senior secured credit facilities. The Secured Notes will be secured by a first-priority liens on all of the assets that secure Chart's and the guarantors' obligations under Chart's senior secured credit facilities.
MKC PFE

Hot Stocks

09:15 EST McCormick names Sarah Piper as Chief Human Relations Officer - McCormick & Company (MKC) announced the appointment of Sarah Piper to Chief Human Relations Officer, effective December 1. Piper has become a member of McCormick's Management Committee. Piper joined McCormick in 2008 as a Human Relations Manager and subsequently held the roles of Director, Human Relations, and Vice President, Human Relations for the Consumer Products Division. Prior to joining McCormick, Piper held a variety of Human Resources roles at Pfizer (PFE) and KPMG in the United States and Canada.
PRTS AMZN

Hot Stocks

09:13 EST CarParts.com names Michael Huffaker as COO - CarParts.com (PRTS) announces the hiring of tenured industry leader Michael Huffaker as COO effective December 5. Huffaker brings with him unparalleled e-commerce and brick-and-mortar expertise, having most recently served as Vice President, Category Leader, for Amazon Fresh Grocery (AMZN).
DCTH

Hot Stocks

09:12 EST Delcath Systems announces results from study of PHP procedure with CHEMOSAT - Delcath Systems announced the publication of a retrospective analysis of patients who underwent a percutaneous hepatic perfusion procedure with CHEMOSAT for the treatment of either inoperable intrahepatic cholangiocarinomas or extrahepatic cholangiocarinoma with liver metastases. The article, New perspectives in unresectable cholangiocarcinoma? Evaluation of chemosaturation with percutaneous hepatic perfusion as a palliative treatment option by Dr. Cornelia L. A. Dewald, et al, was a retrospective analysis of 17 patients who underwent a total of 42 PHP procedures between October 2014 and September 2020 at the Hannover Medical School in Germany. The aim of the retrospective, monocentric study was to analyze PHP as a palliative treatment for unresectable liver dominant CCA. 16 of the 17 patients were evaluable for response as one patient died without follow-up imaging 13 weeks after the first PHP with no identifiable relationship to the PHP treatment. After the first PHP, one patient presented with a complete response. Three patients had a partial response in the first follow-up exam and seven patients presented with stable disease. Five patients had progressive disease, one of which was limited to extrahepatic progression only. In total, in 17 treated patients an overall response rate of 25% and a disease control rate of 75% was achieved. Two patients with PR, six patients with SD and the patient with PD limited to extrahepatic progression received further PHP treatments. In the subsequent follow-up exams, the overall best therapy response in these patients was PR in 78% and SD in 22%. One patient was treated in total with 8 PHP treatments within 30 months. The median progression free survival was 3.5 months with a similar median hepatic PFS of 3.6 months. Calculated from first diagnosis of iCCA, the median survival was 27.6 months. From first PHP, a median survival of 9.9 months was observed, with a 1-year survival rate of 41%. For context, the authors noted that for inoperable CCA, the treatment options are limited and a median survival of 2.5 - 6 months is to be expected, which can be extended to approximately 12 months under first-line chemotherapy with gemcitabine and cisplatin. In this study all patients were previously treated with at least systemic therapy and the authors note that the results of their analyses confirms the potential for survival extension by PHP treatment even after the exhaustion of systemic therapies. No significant complications occurred during the PHP treatments. Significant, but transient and clinically manageable, hemotoxicity was reported with grade 3/4 thrombocytopenia after 50%, anemia after 26% and leukopenia after 21% of the PHP treatments. There were no PHP-related deaths. The authors stated that the toxicity rates were consistent both with previously published PHP values and with first-line systemic therapy with gemcitabine/cisplatin in CCA. The authors highlighted the increasing importance of locoregional forms of therapy in the treatment of CCA and that the new edition of the German S3 cancer guideline "Diagnostics and Therapy of Hepatocellular Carcinoma and Biliary Carcinomas" now includes PHP with melphalan for the treatment of inoperable iCCA or eCCA liver metastases. Based on the results of this study the authors concluded that for patients with inoperable, treatment-refractory iCCA and CCA liver metastases PHP is an effective and safe treatment option that has the potential to prolong life in a palliative setting.
HIMS

Hot Stocks

09:08 EST Hims & Hers names Scott Knoer as 1st Chief Pharmacy & Innovation Officer - Hims & Hers Health made a key leadership appointment, naming pharmacy industry veteran Dr. Scott Knoer, Pharm.D., MS, FASHP, as the company's first-ever Chief Pharmacy & Innovation Officer. Dr. Scott Knoer, Chief Pharmacy & Innovation Officer at Hims & Hers .In this role, Dr. Knoer will oversee pharmacy strategy and innovation efforts for Hims & Hers. Knoer will direct efforts to develop proprietary formulations that will make it possible to provide customers with personalized health and wellness advancements. Hims & Hers recent pharmacy developments include a 300,000 square foot facility in Ohio and a recently opened 25,000 square foot facility in Arizona. "Modern healthcare requires a pioneering approach to improve the solutions of today and deliver the advancements of tomorrow. The addition of Dr. Knoer as Chief Pharmacy & Innovation Officer is the next step forward for our brand, our team and our solutions," said Andrew Dudum, Chief Executive Officer at Hims & Hers. "Scott is a deep bench academic with real-world experience transforming pharmacy operations at a large health network, and a proven leader in the field. His impact will be immediate as we develop more personalized solutions for everyone," added Dudum.
API

Hot Stocks

09:07 EST Agora partners with HTC, Magic Leap ahead of Immerse Global Summit - Agora announced it will team with partners HTC, a global innovator in smart mobile devices and technology, and Magic Leap, an enterprise-grade AR technologies leader. The partnerships will showcase the power of real-time engagement and XR innovations across all sectors in Augmented Reality in education, industrial Internet of Things, telehealth and more. These collaborations will be showcased at this year's Immerse Global Summit, set to take place from December 5 to 7 at the Fontainebleau Hotel in Miami, Florida. In Miami, Agora will demo the offerings from their partnerships with HTC and Magic Leap. "Agora is uniquely positioned to deliver cutting-edge technologies with HTC and Magic Leap," said Tony Zhao, Agora's CEO. "We're always looking for ways to empower our digital content and provide scalable developer-friendly interoperable platforms to enterprises using our easy-to-embed SDKs, especially in the metaverse. This partnership and seamless collaboration is the future of the interactive AR/VR space across all devices, platforms, and frameworks."
SOPA

Hot Stocks

09:07 EST NusaTrip expands global airline partners network - NusaTrip announces the expansion of NusaTrip's +500 global airline partners network by adding JetStar Airways, VietJet Air, NokAir, Thai Smile Air, and Thai Lion Air. With the addition of these low-cost carriers, users can enjoy more flight content, travel options, competitive pricing, and convenience in booking multiple trips / airlines through NusaTrip's consolidator and distribution technology platform, NusaXchange.
MACK

Hot Stocks

09:06 EST Merrimack board extends Section 382 net operating loss rights plan - Merrimack announced that its board of directors has extended the Section 382 net operating loss rights plan that was adopted in 2019. The plan is designed to protect the company's ability to use its valuable net operating loss carryforwards and certain other valuable tax attributes. The extension is effective through December 2, 2025 but would terminate at the time of the company's 2023 annual meeting if the extension is not approved by the company's shareholders at that annual meeting.
HHS WIT

Hot Stocks

09:06 EST Harte Hanks completes agreement to repurchase shares from Wipro - Harte Hanks announced that on December 2, 2022, the Company completed the closing of its June 30th, 2022, definitive agreement with Wipro, LLC, to repurchase all of the Company's outstanding Series A Convertible Preferred Shares from Wipro, LLC, the sole holder of the Preferred Shares. At closing the Preferred Shares were repurchased in exchange for a cash payment equal to their liquidation value, or $9,926,000 and 100,000 shares of Harte Hanks common stock, following the reissuance of the Preferred Shares by the State of New Jersey. The full cash portion of the repurchase price had been held in escrow since June 30, 2022 and was released at the time of closing by PNC Bank. Other than the release of previously escrowed funds, no additional cash was paid by Harte Hanks at the time of closing.
EZPW

Hot Stocks

09:06 EST Ezcorp increases investment in Florida and Caribbean - Ezcorp announced two investments that highlight its continuing initiatives to expand its geographic footprint and broaden its pawnbroking offerings. The Company recently increased its investment in Founders One a private company that owns a majority interest in Simple Management Group, SMG . This increased investment comprised of a $15M preferred equity contribution and a $15M loan, along with other third-party financing secured by SMG, was used by SMG to acquire 100% of the outstanding capital stock of FFI Holdings, which owns 52 pawnbroking stores in Florida and Puerto Rico operating under the "La Familia" or "Family Financial" brand. That acquisition was completed on December 2 and with it, SMG now owns and operates a total of 73 pawnbroking stores . Additional information about the Company's increased investment in Founders One can be found in its Current Report on Form 8-K, dated December 2 filed with the Securities and Exchange Commission. EZCORP also recently acquired a luxury pawnbroking business in Las Vegas operating under the name "Max Pawn" and established a joint venture with Michael Mack, the former owner of Max Pawn. The joint venture will focus on the luxury goods space in Las Vegas and other selected markets across the U.S. In connection with the acquisition, Mr. Mack has joined EZCORP to lead the Company's new Luxury Pawn Division. "We continue to execute on exciting inorganic strategic opportunities to expand our core pawnbroking business in both existing and new geographic regions. Our increased investment in Founders One gives us enhanced exposure to the strategically important Caribbean region along with increased exposure to the Florida market," said Lachie Given, Chief Executive Officer of EZCORP.
RIOT

Hot Stocks

09:05 EST Riot Blockchain announces November 2022 production, operations update - Riot Blockchain announces unaudited production and operations updates for November 2022. Bitcoin Production and Operations Updates for November 2022: Riot produced 521 BTC, an increase of approximately 12% as compared to November 2021 production of 466 BTC. Riot held approximately 6,897 BTC, all produced by the Company's self-mining operations, as of November 30, 2022. Riot sold 450 BTC, generating net proceeds of approximately $8.1 million. Riot had a deployed fleet of 72,428 miners, with a hash rate capacity of 7.7 exahash per second, as of November 30, 2022. "Riot again achieved a new record for total hash rate capacity during the month of November, resulting in our highest monthly Bitcoin production figure to date," said Jason Les, CEO of Riot. "Despite this new level of production, expected production was approximately 660 Bitcoin given our operating hash rate over the month, assuming normalized performance of the mining pool we participate in. Variance in a mining pool can impact results and while this variance should balance out over time, can be volatile in the short term. This variance led to lower Bitcoin production than expected in the month of November, relative to our hash rate."
CNC

Hot Stocks

09:05 EST Centene completes divestiture of Magellan Rx to Prime Therapeutics - Centene announced that it has successfully completed the previously announced divestiture of Magellan Rx to Prime Therapeutics LLC. Centene acquired Magellan Rx in January 2022 as part of its acquisition of Magellan Health.
GIIX

Hot Stocks

09:05 EST Gores Holdings VIII, Footprint terminate merger agreement - Footprint and Gores Holdings VIII announced they have mutually agreed to terminate their previously announced merger agreement effective immediately. The company said the termination of the merger agreement is the result of current unfavorable conditions in the public markets.
LPLA

Hot Stocks

09:04 EST LPL Financial: Financial House team joins RIA, custodial platforms - LPL Financial announced that the team at Financial House has joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported having served approximately $650 million in advisory, brokerage and retirement plan assets, and join LPL from Lincoln Financial.
MTBC

Hot Stocks

09:04 EST CareCloud's medSR division chosen by Russell Medical Center - CareCloud announced that Russell Medical Center has employed the skill of CareCloud's medSR division to select and implement Meditech as a Service electronic health record, EHR, solution for its East Central Alabama hospital. Based on the credibility and trust that medSR had cultivated with Russell Medical Center throughout the selection process, the medSR team was also chosen to help implement the new EHR platform. Implementing a comprehensive EHR solution that impacts the delivery of patient care is no small task, and often requires significant staff and technology resources. The multi-stage process requires calculation of hardware and software set-ups and system configurations that support interaction with other technology, people, processes, and the culture of the organization. "Not every healthcare facility is equipped or staffed to implement critical systems on their own," said Dwight Garvin, medSR's executive vice president and chief operating officer. "medSR is trained and equipped for exactly this type of engagement. We know hospitals' special needs, and can easily handle the selection and implementation process, including managing the budget, securing board and committee approval, staff training and go-live support. Relying on our staff and services for these tasks allows the hospital staff to remain focused on care delivery."
SOLO

Hot Stocks

09:03 EST ElectraMeccanica CEO Kevin Pavlov resigns, Susan Docherty succeeds - ElectraMeccanica announced leadership and operating changes in order to accelerate its transition to onshore manufacturing and commercialization of its unique horizontal market. Susan Docherty, a CEO, executive and board member with three-plus decades of experience driving growth, transforming brands and defining markets, including over 25 years at General Motors, assumes both the CEO and interim COO roles effective immediately. Kevin Pavlov and Joe Mitchell, respectively the outgoing CEO and COO, have resigned to pursue other opportunities. In connection with this leadership change, the company also announced that it will officially commission its Mesa, Arizona manufacturing facility on December 12 and hold its first-ever investor day on February 15, 2023.
VZ

Hot Stocks

09:03 EST Verizon says 5G Ultra Wideband service now covers over 175M people - Verizon now covers more than 175 million people with their ultra fast, ultra reliable 5G Ultra Wideband service, and will offer nationwide 5G Ultra Wideband in Q1 2023. The ongoing C-Band rollout is a full 13 months ahead of the original schedule, and continues to accelerate. Less than 21 months after announcing the results of the FCCs C-band auction and after securing early access to an additional 30 markets this year, Verizon accelerated its build plan and surpassed its goal of reaching 175 million people covered by the end of 2022, a month ahead of schedule.
HCAT

Hot Stocks

09:03 EST Health Catalyst announces multi-year contract with Carle Health - Health Catalyst announced an expansive, multi-year contract with Carle Health, an integrated health system based in Urbana, Illinois that includes five hospitals, multi-specialty physician group practices with more than 1,000 doctors and advanced practice providers, and Health Alliance Medical Plans, deepening its relationship with Health Catalyst to further advance Carle's innovative analytics capabilities system-wide. Beginning in January 2023, Carle Health Clinical and Business Intelligence team members will transfer employment to Health Catalyst, where they will have the opportunity to grow professionally within Health Catalyst's enhanced environment of data literacy and technology resources. As Health Catalyst employees, transitioned team members will constitute a specialized, expert team that will continue to provide analytics support and innovation to the Carle Health system.
DRMA

Hot Stocks

09:03 EST Dermata Therapeutics down 49% after results from DMT310 Phase 2 trial - Dermata shares are down 30c, or 49% to 32c in pre-market trading after the stock resumed trading following the company having announced topline results from its Phase 2 trial of once-weekly topical application of lead product candidate DMT310 for the treatment of moderate-to-severe rosacea.
HEPA

Hot Stocks

09:03 EST Hepion announces early completion of enrollment in Phase 2 ALTITUDE-NASH trial - Hepion Pharmaceuticals announced that it has completed enrollment of 60 NASH stage 3 subjects in the Phase 2 ALTITUDE-NASH clinical trial. The trial is being conducted in collaboration with HepQuant and Summit Clinical Research, at 20 sites within Summit's Integrated Research Organization. ALTITUDE-NASH is a Phase 2, randomized, multi-center, open-label study designed to evaluate the safety and efficacy of rencofilstat on hepatic function and numerous NASH biomarkers after four months of dosing. Subjects are randomized to receive a once daily, oral dose of 75, 150, or 225 mg rencofilstat soft gelatin capsules over a period of four months. The HepQuant 'SHUNT' test, a measure of hepatic function, will be performed at baseline, and changes in the Disease Severity Index score relative to baseline measurements will be determined at days 60 and 120. Other NASH biomarkers will be collected throughout the study duration. Todd Hobbs, MD, Hepion's Chief Medical Officer, added, "Having initiated dosing in the larger and longer Phase 2b 'ASCEND-NASH' trial, Hepion's priority is to use the ALTITUDE-NASH trial to understand the impact of three different doses of rencofilstat on NASH subjects, based on hepatic function and biomarkers. Modelling these results over the course of four months should allow us to better predict the outcome of the one-year, biopsy-confirmed ASCEND-NASH trial."
DRMA

Hot Stocks

09:00 EST Dermata Therapeutics Inc trading resumes
SAL

Hot Stocks

09:00 EST Salisbury Bancorp trading resumes
ICE

Hot Stocks

08:52 EST Intercontinental Exchange says November total natural gas ADV up 14% y/y - Intercontinental Exchange reported November 2022 trading volume and related revenue statistics, which can be viewed on the company's investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. November highlights include: Total natural gas ADV up 14% y/y; OI up 11% y/y ;North American natural gas ADV up 25% y/y; OI up 20% y/y ; Total Ags & Metals ADV up 17% y/y; OI up 4% y/y.
FMNB EMCF

Hot Stocks

08:49 EST Farmers National Banc, Emclaire Financial get regulatory approval for merger - Farmers National Banc (FMNB) and Emclaire Financial (EMCF), the holding company for The Farmers National Bank of Emlenton jointly announced that they have received regulatory approvals, including approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, necessary to complete the proposed merger of Emclaire Financial Corp. with and into FMNB Merger Subsidiary V a newly-formed wholly-owned subsidiary of Farmers pursuant to the Agreement and Plan of Merger dated as of March 23, 2023 by and between Farmers and Emclaire and the related merger of Emlenton Bank with and into Farmers National Bank. The Merger is expected to be completed in January .
VRAR

Hot Stocks

08:44 EST Glimpse Group's Sector 5 Digital supplies 3D models for ARV - The Glimpse Group announced that its subsidiary Sector 5 Digital completed a mid-6-figure contract for the creation of multiple 3D digital models for American Rheinmetall Vehicles, a part of Rheinmetall's Vehicle Systems division specializing in the development of combat vehicle platforms that provide next-generation products to the U.S. Department of Defense and Federal and State Law Enforcement agencies.
WULF...

Hot Stocks

08:43 EST TeraWulf mines 134 Bitcoin in November - TeraWulf provided an unaudited monthly production and operations update for November. Self-mined 134 Bitcoin in November, an increase of approximately 13% as compared to October production of 119 Bitcoin. Cost of power declined sequentially in November to approximately $0.035/kWh as compared to approximately $0.058/kWh in October and approximately $0.089/kWh in Q3. Remains on track to realize blended cost of power of approximately $0.035/kWh, comprised of approximately $0.045/kWh at the Lake Mariner facility and $0.02/kWh fixed at the Nautilus Cryptomine facility. Deployed fleet of 17,500 miners achieving hash rate capacity of 2.0 EH/s as of November 30, 2022. Average operating hash rate of 1.9 EH/s in November 2022, an increase of nearly 20% as compared to October's average operating hash rate of 1.6 EH/s.
JUPW

Hot Stocks

08:43 EST Jupiter Wellness appoints Ardis as exclusive Florida market distributor - Jupiter Wellness announced the appointment of Ardis Enterprises as its exclusive distributor for selling NoStingz and CaniSun sunscreen products in the Florida market. The agreement with Ardis will enable Jupiter Wellness to expand its presence in the Florida market and meet the growing demand for high-quality sunscreen products. Jupiter Wellness's range of sunscreen products are formulated with natural ingredients and backed by rigorous scientific testing. The Company's NoStingz brand includes a line of patent-pending jellyfish sting prevention sunscreen that protects users from jellyfish and sea lice.
CGRN

Hot Stocks

08:42 EST Capstone continues to grow in EaaS market with Texas cryptocurrency firm deal - Capstone Green Energy continues to grow in the Energy as a Service EaaS market with a new 2-year rental agreement for a cryptocurrency data mining operation in West Texas. The contract was secured by Lone Star Power Solutions, Capstone's exclusive distributor in Texas, Arizona, and the Gulf States and is expected to be commissioned in mid-December. The customer is currently evaluating an additional 1MW system to be deployed in early 2023.
NBTB SAL

Hot Stocks

08:42 EST NBT Bancorp, Salisbury Bancorp announces agreement to merge - NBT Bancorp (NBTB) and Salisbury Bancorp (SAL) announced that they have entered into a definitive agreement pursuant to which Salisbury will merge with and into NBT. The merger consideration is 100% stock and is valued at approximately $204 million and is expected to close in the second quarter of 2023 subject to customary closing conditions, including approval by the shareholders of Salisbury and required regulatory approvals. The combination, approved unanimously by the boards of directors of both companies, will provide market extension for both institutions and join two high-quality franchises with long histories of service to their customers and communities. Under the terms of the merger agreement, each outstanding share of Salisbury common stock will be converted into the right to receive 0.7450 shares of NBT common stock upon completion of the merger, which equates to a value of $35.00 per Salisbury share and based on NBT's volume-weighted average closing stock price of $46.98 for the 10-day trading period ending on November 29, 2022. The transaction is intended to qualify as a reorganization for federal income tax purposes, and as a result, the receipt of NBT common stock by shareholders of Salisbury is expected to be tax-free. "We are very excited to partner with Salisbury and to extend our footprint into their attractive and complementary markets," said NBT President and CEO John H. Watt, Jr. "Importantly, the organizational values upheld by the Salisbury team align very well with those of NBT. We look forward to welcoming these dedicated financial professionals to NBT and growing our combined company together. We are also pleased that Rick Cantele, Salisbury's President and CEO, will become a member of NBT's Executive Management Team. Salisbury has an impressive history of service to their customers, communities and shareholders, and we are honored to have the opportunity to build on these relationships."
PV

Hot Stocks

08:42 EST Primavera Capital Acquisition, Lanvin Group provide update on combination - Lanvin Group and Primavera Capital Acquisition Corporation announced that South Korea-headquartered fashion retailer, Handsome Corporation, will join the Group's alliance of strategic investors. Founded in 1987, Handsome manages 1,389 stores across the world and a portfolio of over 30 brands generating close to $1.1B in annual revenue in 2021. It is an affiliate of South Korean retail conglomerate Hyundai Department Store Group. Handsome has been the exclusive distributor of Lanvin, one of the Group's portfolio brands, in South Korea since 2007. It has partnered with the Group in successfully cultivating the brand, with more than 60 points of sales in the South Korean market. Separately, on December 2, 2022, the Group, PCAC and relevant parties entered into an amendment to the business combination agreement to remove the closing condition in relation to the minimum amount of cash of at least $350M. Additionally, on December 2, 2022, the Sponsor entered into a letter agreement with PCAC and Lanvin Group, among other parties, pursuant to which the Sponsor irrevocably surrendered, subject to the closing of the Business Combination and effective immediately prior to the consummation of the initial merger, 6,014,375 Class B ordinary shares of PCAC to PCAC for nil consideration, which shares shall be cancelled by PCAC immediately upon the surrender thereof, such that after giving effect to the share surrender, the number of Class B ordinary shares of PCAC held by the Sponsor shall be 5,000,000. The closing of the Business Combination and the first day of trading on the NYSE under the ticker symbol "LANV" is expected before the end of this year, subject to customary closing conditions, including the approval of PCAC's shareholders and the approval for the listing of securities of Lanvin Group Holdings Limited on the NYSE.
LBPH

Hot Stocks

08:40 EST Longboard Pharmaceuticals announces topline results from LP352 study - Longboard Pharmaceuticals announced topline results from a Phase 1 clinical study evaluating the central nervous system, or CNS, pharmacokinetics, or PK, and pharmacodynamics, or PD, of LP352, an oral, centrally acting 5-HT2C superagonist, in healthy volunteers. The primary objectives of this open-label, Phase 1 study are to assess the CNS PK and PD of orally administered LP352 in healthy adult male and female participants. Objectives include the characterization of plasma and CSF PK, the characterization of safety and tolerability of doses with titration and taper, and the assessment of the PK-PD relationships between plasma and CSF exposure, and PD endpoints of safety and efficacy, including quantitative electroencephalogram endpoints. Data being shared relate to two doses of LP352 three times daily that were tested over a 16-day period in addition to a screening and follow-up period. Additional cohorts of the study are ongoing. Plasma samples were obtained on Day 1 through Day 11, measuring maximum concentration, time of peak plasma concentration and area under the curve. Serial CSF samples were taken on Day 11 at multiple timepoints. At steady state, LP352 12 mg TID mean concentrations exceeded the Ki value for 5-HT2C activity throughout the dosing interval. The vast majority of participants in Cohort 2 achieved plasma and CSF levels above the relevant Ki throughout the dosing period at steady state. LP352 exhibited a strong correlation between plasma and CSF PK concentration, which increased in a dose-dependent and consistent manner. Serial EEGs were taken at Days -1, 1, 3 & 10, and Day 16. LP352 demonstrated early qEEG changes within the first few doses. LP352 also demonstrated sustained, dose-dependent effects on qEEG activity after continuous dosing, thus indicating receptor engagement. LP352 engaged neurotransmitter systems and altered the EEG spectrum. Favorable safety and tolerability across both cohorts were observed, with AEs generally consistent with previous clinical studies of LP352.
EKSO PH

Hot Stocks

08:40 EST Ekso Bionics announces acquisition of business unit from Parker Hannifin - Ekso Bionics (EKSO) announced the acquisition of the Human Motion and Control, HMC, Business Unit from Parker Hannifin Corporation (PH), a global leader in motion and control technologies. The acquisition includes the Indego lower limb exoskeleton line of products as well as the planned development of robotic assisted orthotic and prosthetic devices. This complementary acquisition expands Ekso's product offering across the continuum of care to home and community use markets, grows Ekso's product pipeline and adds strategic relationships with key commercial and research partners. "Indego is one of the most advanced and broadest range of powered and intelligent devices for home use, which represents a strategic fit for Ekso," said Scott Davis, Chief Executive Officer of Ekso Bionics. "This acquisition is expected to contribute immediately to our top-line results, improve operating efficiencies and establish Ekso as a leader in lower extremity robotics. Moving forward, we plan to continue exploring future growth opportunities that align with our strategy." Ekso Bionics acquired all of Parker's HMC global business assets in the U.S. and Europe for an aggregate purchase price of $10 million. Ekso paid $5 million at closing and delivered a $5 million subordinated, unsecured zero coupon note payable quarterly over four years, commencing December 31, 2023. In connection with the acquisition, Sherman resigned as the Company's Chief Executive Officer, and the Ekso Bionics Board of Directors appointed Davis as Chief Executive Officer, each effective immediately. Davis has served as the Company's President and Chief Operating Officer since January 2022. Sherman will continue to serve as Chairman of the Board and will begin serving as Executive Chair of the Company.
AREC

Hot Stocks

08:40 EST American Resources receives advanced roof control plan approval - American Resources Corporation announced that it has received approval from the Mine Safety and Health Administration for an advanced roof control plan at both its Carnegie 1 and Carnegie 2 mines in Pike County, Kentucky. The new roof control plan, which was issued due to the mine conditions and excellent work performed by its operating teams, will reduce operating costs by an estimated $2.00 per ton. Carnegie 1 and Carnegie 2 mines are underground room and pillar mines that are set up in a manner that will provide significant growth over the course of the next few years. The Company will achieve such growth and efficiencies with minimal capex by optimizing the operations through methods such as adding additional mining sections, now that mining has advanced further into the seam, and through deep cut mine plans at Carnegie 2, similar to those recently announced at Carnegie 1. The Company believes that the strength in the current carbon market will be further exemplified in 2023 for metallurgical carbon for steel production as China slowly emerges from COVID-related lock downs.
DRMA

Hot Stocks

08:39 EST Dermata Therapeutics announces results from DMT310 Phase 2 trial - Dermata Therapeutics announced topline results from its Phase 2 trial of once-weekly topical application of DMT310 for the treatment of moderate-to-severe rosacea. DMT310 is Dermata's lead product candidate, with both mechanical and chemical mechanisms of action, with positive Phase 2 data in moderate-to-severe acne and Phase 1b data in mild-to-moderate psoriasis. "While the final data were not what we had hoped for, we were encouraged to see a 44% reduction in inflammatory lesion counts after just 4 treatments with DMT310, which mirrors the 45% reduction in inflammatory lesion counts we saw in our DMT310 Phase 2b acne study," stated Christopher Nardo Ph.D., Dermata's Chief Development Officer. "We believe the above average dropout rate of 23% for patients treated with DMT310 seen in this rosacea study, versus 13% seen in the Phase 2b acne study, could explain the reduced treatment effect of DMT310 at Week 12. Rosacea is a complicated skin disease that affects patients with sensitive skin and the disease waxes and wanes with environmental and physiological exposures. Some patients did achieve a meaningful change in their rosacea with 36% of DMT310 patients meeting the criteria for a responder on the Investigators Global Assessment scale at Week 12. However, DMT310 was not able to statistically separate from placebo with 23% of placebo patients meeting the criteria as a responder at Week 12," continued Dr. Nardo. "A treatment responder is defined as an IGA grade of 'clear' or 'almost clear' and at least a 2-grade improvement from baseline. Lastly, we want to thank the patients and investigators who participated in this study."
MYO

Hot Stocks

08:39 EST Myomo says German court ruling supports MyoPro insurance reimbursement - Myomo announced that in an appeal before the Berlin-Brandenburg Regional Social Court the court confirmed that the MyoPro powered whole-arm orthosis is an orthopedic aid that serves to directly compensate for disabilities. As a result of this ruling, the third-largest German health insurance company, DAK, has been ordered to cover the costs for the MyoPro for the plaintiff. The complaint was filed by a 33-year-old man who applied to the DAK for a myoelectric orthosis following a motor vehicle accident. The MyoPro helps compensate for the limitation and restore the range of motion of patients who suffer a loss of function of the handand arm after a stroke or neuromuscular damage, as well as spinal cord and nerve injuries. "With this ruling, a court has confirmed that the MyoPro is a device that can aid patients who suffer from upper extremity impairment and should be covered by statutory health insurance. We expect this ruling will make it easier for patients like the plaintiff to obtain a MyoPro," said John Frijters, Managing Director of Myomo Europe GmbH. "Because of the MyoPro, which detects even weak contractions of the muscle fibers through non-invasive sensors located inside the device, functions such as grasping, holding and opening the hand, as well as bending, lifting and stretching the elbow are made possible." The patented MyoPro technology was developed by Myomo in collaboration with researchers at the Massachusetts Institute of Technology and Harvard Medical School. The plaintiff in this case, identified as Konrad T., stated, "Since my paralysis, I have been waiting to be able to move and use my hand and arm again."
TBLT

Hot Stocks

08:38 EST ToughBuilt launches line of long-handle garden, landscaping tools - ToughBuilt Industries announced the launch of the Company's new line of Long Handle Garden and Landscaping Tools. Beginning with 11 out of about 150 SKUs, the new line includes many innovative improvements. This new product line joins the Company's existing line of hand tools and will be made available for purchase through a leading US home improvement retailer and across ToughBuilt's growing strategic networks of North American and global trade partners and buying groups, servicing over 15,500 storefronts and online portals worldwide.
POAI GRTS

Hot Stocks

08:38 EST Predictive Oncology appoints Hawryluk to board of directors - Predictive Oncology (POAI) announces the appointment of Matthew Hawryluk, Ph.D., to its Board of Directors to help support the company's strategic initiatives and commercialization efforts. Dr. Hawryluk currently serves as Executive Vice President and Chief Business Officer of Gritstone bio (GRTS).
ICNAF

Hot Stocks

08:37 EST Icanic Brands changes names to Leef Brands - Icanic Brands Company is pleased to announce that the Canadian Securities Exchange has granted the Company approval to change its corporate name to Leef Brands. In connection with the name change, the Company's common shares will trade under the new trading symbol, "LEEF" as of December 7th, 2022. The Company's new CUSIP is 52426X104 and its new ISIN is CA52426X1042. In conjunction with the Company's name change, the Company is also pleased to announce that it continues to make significant progress towards the growth and market penetration of its internal brands. To date, the Company has derived approximately 80% of its revenue by providing its products and services to the largest cannabis brands in California. Going forward, while the Company will continue to provide these white labeling services, it will aim to significantly improve its margins by increasingly utilizing its robust supply chain and enhanced manufacturing capabilities toward its own internally branded products. This will be furthered through a targeted M&A approach that will focus on the acquisition of brands that will greatly benefit from the Leef in-house manufacturing capabilities. The Company's long-term objective is for approximately 50% of its revenue to be derived from a portfolio of in-house brands. In addition to focusing on its internal brands, the Company is also intent on leveraging its manufacturing skill set and brand recognition to enter new markets by partnering with out of state manufacturing companies through licensing agreements or by way of M&A. This strategy will allow Leef to upgrade the processes and procedures of partnering companies, while also enabling Leef to launch its brand portfolio and other clients' brands into these new markets.
KDP

Hot Stocks

08:37 EST Keurig Dr Pepper names Dr. Karin Rotem-Wildeman as Chief R&D Officer - Keurig Dr Pepper announced the appointment of Dr. Karin Rotem-Wildeman to the position of Chief Research & Development Officer, effective Jan. 9, 2023, reporting to Chairman & CEO Bob Gamgort. In this role, Rotem-Wildeman will lead product development, packaging innovation, flavor technology and associated R&D capabilities. She succeeds David Thomas, who is retiring from KDP after 16 years with the company, as previously announced. Rotem-Wildeman joins KDP with 25 years of leadership experience driving product innovation and commercialization for leading global food and beverage companies as well as industry-disruptive start-ups. She was most recently Chief Scientific Officer at the LIVEKINDLY Collective, a plant-based startup with a portfolio of established brands as well as innovative new products.
FTDR CRM

Hot Stocks

08:37 EST Frontdoor CFO Brian Turcotte to step down, Jessica Ross to succeed - Frontdoor (FTDR) announced that it has appointed Jessica Ross as senior VP and CFO, replacing Brian Turcotte, who will step down on December 30. To ensure a leadership transition, Turcotte will remain with the company through March 31, 2023 as an advisor to the CEO. Ross brings over two decades of cross-industry finance and digital transformation experience scaling companies across multiple stages of growth. She joins Frontdoor from Salesforce (CRM) where she currently serves as executive VP, enterprise strategy and operational excellence.
SMFL

Hot Stocks

08:37 EST Smart for Life announces new corporate headquarters - Smart for Life announced the consolidation of operations with relocation of its corporate headquarters to 990 S Rogers Circle, Suite 3, Boca Raton, FL 33487. "Relocation of our corporate headquarters is another key step in executing operating efficiency and cost-savings strategies, as we continue to drive growth both organically and through acquisitions," stated Darren Minton, CEO of Smart for Life. "We have been operating multiple offices in Southern Florida, in addition to a third-party fulfillment center, all of which will now be under one roof. We also expect to benefit from further economies of scale as the new headquarters will also provide us with the capacity to support future acquisitions which we believe is important given our track record of acquiring complementary businesses at attractive valuations. We expect that the consolidation of our operations should result in improved profitability in future quarters as we continue to reduce costs and grow our top-line revenue. We look forward to making progress towards our goal of reaching $100 million in annualized revenue in 2023."
ARE

Hot Stocks

08:36 EST Alexandria Real Estate raises quarterly dividend to $1.21 from $1.18 per share - The dividend is payable on January 13, 2023, to shareholders of record on December 30, 2022.
EMCF

Hot Stocks

08:36 EST Emclaire Financial, Farmers National announce regulatory approvals for merger - Farmers National Banc, the holding company for The Farmers National Bank of Canfield, and Emclaire Financial, the holding company for The Farmers National Bank of Emlenton, jointly announced that they have received regulatory approvals, including approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, necessary to complete the proposed merger of Emclaire Financial Corp. with and into FMNB Merger Subsidiary V, a newly-formed wholly-owned subsidiary of Farmers pursuant to the Agreement and Plan of Merger dated as of March 23, 2023 by and between Farmers and Emclaire, and the related merger of Emlenton Bank with and into Farmers National Bank. The Merger is expected to be completed in January of 2023.
KORE...

Hot Stocks

08:35 EST Kore Group forms go to market alliance with Google Cloud - Kore (KORE) announced that it has established a go to market alliance with Google Cloud (GOOG, GOOGL) to bring IoT capabilities to global businesses. This multi-year alliance will help enterprises create robust IoT solutions that leverage Google Cloud infrastructure and capabilities, as well as Kore's IoT Solutions. The alliance brings together Kore's expertise of simplifying the complexities of IoT deployment with a rich set of 'one stop shop' services and the ability to orchestrate the IoT ecosystem of devices, global connectivity and services, paired with Google Cloud's data and analytics excellence for optimal business outcomes.
ZYME

Hot Stocks

08:35 EST Zymeworks to transfer listing to Nasdaq from NYSE - Zymeworks announced that it has elected to transfer its stock exchange listing from the New York Stock Exchange, or NYSE, to Nasdaq, where the vast majority of its biotechnology peer companies also trade. The company expects that its common stock will cease trading on the NYSE at market close on December 15. The company expects its common stock to commence trading on the Nasdaq on December 16 and will continue to be listed under the ticker symbol (ZYME).
DCT CPRT

Hot Stocks

08:34 EST Duck Creek Technologies announces Copart has joined its partner ecosystem - Duck Creek Technologies (DCT) announced that Copart (CPRT) has joined its rapidly growing partner ecosystem and that a feature-rich integration for the Copart Assignment Processing Service is now available to its customers on the Duck Creek Content Exchange. Copart is a global leader in online vehicle auctions and a premier platform for the resale and remarketing of vehicles from 11 countries to buyers around the world. "Our integration with Copart further demonstrates Duck Creek's commitment to providing an end-to-end partner ecosystem for vehicle insurers," said Robert Fletcher, Sr. Partner Manager at Duck Creek Technologies. "Through our partnerships and integrations with both leading technology startups and well-established global innovators like Copart, our goal is to offer a seamless process to both our carrier customers and their policyholders that improves the claims experience overall."
MHUA

Hot Stocks

08:33 EST Meihua names Xin Wang as CEO, Lianzhang Zhao as CFO - Meihua announced the appointments of MXin Wang as CEO and director, Lianzhang Zhao as CFO and Huijuan Zhao as independent board member, member of compensation committee and audit committee, and chair of nominating committee, effective as of December 1st, 2022, to fill the vacancies arising from the voluntary resignations of Yulin Wang as CEO, interim CFO and director of the company due to the expiration of his employment contract, and Xu Han as independent board member, member of compensation committee and audit committee, and chair of nominating committee, who resigned for personal reasons. Prior to joining MHUA, from 2021 until 2022, Xin Wang was CEO of the Jiangsu Yada Technology Group Co., Ltd., a PRC company that develops and distributes medical devices. Prior to his appointment at MHUA, Lianzhang Zhao was Senior Partner at Yangzhou Hanrui Accounting Firm from 2013 to 2022.
INZY

Hot Stocks

08:33 EST Inozyme announces peer-review publication on prevalence of ENPP1 deficiency - Inozyme Pharma announced the publication of an article titled "Estimation of ENPP1 Deficiency Genetic Prevalence Using a Comprehensive Literature Review and Population Databases" in the Orphanet Journal of Rare Diseases. Leading disease experts Carlos Ferreira, M.D., of the National Institutes of Health and Frank Rutsch, M.D., of Munster University Children's Hospital, together with Genomenon, an AI-driven genomics company, analyzed the latest genomics data and found the estimated prevalence of ENPP1 Deficiency to be 1 in 64,000 pregnancies, more than tripling the prior estimate. "Our medical field team's disease awareness, education, and patient identification efforts suggested that the number of patients with ENPP1 Deficiency has been vastly underestimated. These new data provide an independent and thorough calculation supporting our observations and highlight the urgent need for a therapeutic option," said Axel Bolte, MSc, MBA, Inozyme's co-founder, president and chief executive officer.
SLG

Hot Stocks

08:33 EST SL Green Realty reduces annual dividend to $3.25 per share - SL Green Realty announced that its board of directors has reduced the annual ordinary dividend on SL Green's common stock and units of its operating partnership by 12.9%, to $3.25 per share. The ordinary dividend will continue to be paid in cash on a monthly basis. The first monthly ordinary dividend of 27.08c per share is payable on January 17, 2023, to stockholders of record at the close of business on December 30, 2022
HTZ

Hot Stocks

08:31 EST Hertz announces settlement agreements regarding past legal claims - Hertz announced the settlement of 364 pending claims relating to vehicle theft reporting, bringing resolution to more than 95% of its pending theft reporting claims. The company will pay an aggregate amount of approximately $168M by year-end to resolve these disputes. The company believes it will recover a meaningful portion of the settlement amount from its insurance carriers. Hertz does not expect the resolution of these claims to have a material impact on its capital allocation plans for the balance of 2022 and 2023.
SAL

Hot Stocks

08:25 EST Salisbury Bancorp trading halted, news pending
DRMA

Hot Stocks

08:25 EST Dermata Therapeutics Inc trading halted, news pending
NDRA

Hot Stocks

08:18 EST Endra Life Sciences announces 1-for-20 reverse stock split - ENDRA Life Sciences announced that it will be effecting a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-20. The reverse stock split will reduce the number of shares of the Company's common stock outstanding from 63,174,455 shares to approximately 3,158,723 shares, subject to adjustment for the rounding up of fractional shares. The Company is confirming with the Nasdaq Stock Market the effective date of the reverse stock split, when ENDRA's common stock will begin trading on a split-adjusted basis under the existing trading symbol "NDRA" and a new CUSIP number. The reverse stock split was previously approved by ENDRA's stockholders at the special meeting of stockholders held on November 29 with the final ratio subsequently determined by the Company's Board of Directors. The reverse stock split is intended to bring the Company into compliance with Nasdaq's minimum bid price requirement and is not being done as part of a capital raise.
NXPL

Hot Stocks

08:17 EST NextPlat appoints Cecile Munnik as CFO, Robert Bedwell as COO - NextPlat expanded its executive leadership team with the hirings of Cecile Munnik, CPA/CA, as Chief Financial Officer and Robert Bedwell as Chief Compliance Officer. On November 14, 2022, Ms. Munnik joined the Company as its new CFO. Ms. Munnik also currently serves as the CFO of Progressive Care, a position she has held since October 2020. On November 7, 2022, Mr. Bedwell joined the Company as its new CCI. Mr. Bedwell previously served as the Director of Administrative Services of PharmCo, a wholly-owned subsidiary of Progressive Care. As a material inducement to enter into their respective employment agreements with the Company, Ms. Munnik and Mr. Bedwell each received an initial award of stock options for 50,000 shares of the Company's common stock pursuant to their respective employment agreements. The option grants were issued outside of a shareholder approved stock or option plan pursuant to the Nasdaq "inducement grant" exception. The option awards for Ms. Munnik and Mr. Bedwell each vest as follows: options for 25,000 shares are fully vested grant date; options for 10,000 additional shares will become fully vested on the first anniversary of the grant date; and options for an additional 15,000 shares will become fully vested on the second anniversary of the grant date, in each case subject to their respective continued employment with the Company.
HZO

Hot Stocks

08:16 EST MarineMax acquires Florida based Midcoast Construction Enterprises, no terms - MarineMax announced the acquisition of Midcoast Construction Enterprises, a leading full-service marine construction company based on Central Florida's Gulf Coast. . "Midcoast Marine Group complements our growing marina portfolio and adds a valuable skillset to our expanding service offerings," stated W. Brett McGill, Chief Executive Officer and President of MarineMax. "Adding Midcoast Marine Group to the MarineMax family gives us the team and assets to cost-effectively manage our marina construction needs and market these services to third parties. We continue to successfully execute on our strategy to acquire well managed, high-performing, and complementary businesses."
PBPB

Hot Stocks

08:15 EST Potbelly announces four additional shop development agreements - Potbelly announced it is successfully continuing to build upon its Franchise Growth Acceleration Initiative through the execution of development agreements with several existing franchisees. The agreements extend development rights with Brent Brouse, Paul Goldammer, Fabian Nelson and Mohit Kishore and Tulshi Bakar; each of which are strong operators in the Company's system. Under the agreements, Potbelly's collective footprint in these markets will be expanded with 25 new shops over the next six years. Today's announcement comes on the heels of the Company's recently signed development deals for a total of 25 additional shops in Florida and Illinois over the next eight years, resulting in a cumulative total of 50 new shops to date. "It's been a significant last couple of months for us at Potbelly - with our double-digit same-store sales growth and excellent sales to investment ratio, we're signing deals for new markets as well as reaffirming our strong relationships with existing franchisees," said Bob Wright, President and Chief Executive Officer of Potbelly. "Our model and strategy are working, and we are pleased to continue our growth story with strong operators in our Potbelly family."
ABMD

Hot Stocks

08:15 EST Abiomed announces first three patients treated with Impella RP Flex - Abiomed announced the first three patients in the world have been treated with Impella RP Flex with SmartAssist, Abiomed's newest heart pump for patients experiencing right heart failure. All three patients have now been successfully weaned off Impella support and two have already returned home with their native heart. The patients were treated at Hackensack University Medical Center/Hackensack Meridian Health in Hackensack, New Jersey, and Kingwood Medical Center in Kingwood, Texas.
ENSC

Hot Stocks

08:14 EST Ensysce Biosciences completes clinical portion of PF614-MPAR-101 Part A trial - Ensysce Biosciences announced that it has completed the clinical portion of study PF614-MPAR-101 Part A, entitled 'Single-Dose Study to Evaluate the Pharmacokinetics of oxycodone and PF614, when PF614 Solution is Co-Administered with Nafamostat, as an Immediate-Release Solution and/or Extended-Release Capsule Formulations in Healthy Subjects', being conducted by Dr. Maria Bermudez MD, at Quotient Sciences, Miami Florida. MPAR is designed to prevent drug overdose by inhibiting the activation and release of opioid when more than prescribed doses are taken. PF614 is a TAAP prodrug of oxycodone designed to reduce abuse of this opioid pain medication. TAAP chemical modification inactivates the active ingredient in Ensysce's products until they are swallowed and exposed to a digestive enzyme, trypsin. PF614 requires exposure to trypsin, which safely turns 'on' the release of oxycodone. The PF614-MPAR has additional protection of an added trypsin inhibitor, nafamostat, to turn 'off' the release of oxycodone in an overdose situation. The MPAR combination technology of a TAAP prodrug and a trypsin inhibitor is the first platform that the Company expects may prevent all four common methods of opioid abuse - chewing, inhaling, injecting and oral overdose.
BKYI

Hot Stocks

08:13 EST BIO-key's PortalGuard selected by Florida County Governments - BIO-key International announced that the county governments of Citrus County and Sumter County in Florida have recently selected its PortalGuard platform for improved security and regulatory compliance. BIO-key is now supporting seven Florida counties and their elections operations. The public sector is facing increasing pressure from cyber security threats that seek to steal data or disrupt county government election operations. "It is clear that the public sector is under attack daily by entities looking to cause harm," said Mark Cochran, President of BIO-key - PortalGuard. "County governments select our PortalGuard platform because it combines proven security capabilities with superior convenience and affordability while ensuring that only authorized users are granted access to county data. The most successful security initiatives are the ones that deliver flexible and cost-effective approaches for implementing highly scalable and redundant IAM solutions to reduce or eliminate cyber risks - this is the true value that the BIO-key provides its customers."
CTLP

Hot Stocks

08:13 EST Cantaloupe acquires Three Square Market for $41M - Cantaloupe announced the completion of its acquisition of Three Square Market for $41M. 32M is a provider of software and self-service kiosk-based point of sale and payment solutions that power the micro market industry. The acquisition delivers full service capabilities to Cantaloupe's presence in the micro market industry while also immediately expanding Cantaloupe's international footprint for its full suite of products. The purchase price of $41M was funded with 90% cash and 10% stock. The stock consideration is subject to a two-year vesting schedule. Cantaloupe has funded the cash portion with $25M of debt from its existing credit facility and existing cash on hand. 32M is estimated to produce $19M of revenue with EBITDA margins of 20%+ for calendar year 2022 on a standalone basis.
VERB

Hot Stocks

08:12 EST Verb Technology launches original shoppable live programing on MARKET.live - Verb Technology Company announces the launch of original shoppable entertainment content produced exclusively for its MARKET.live livestream shopping platform. The new weekly series entitled 'Meet Me on MARKET with Drew Dorsey' will be livestreamed every Tuesday at 6 p.m. ET on MARKET.live, VERB's 24/7 social shopping and livestream commerce platform. Meet Me on MARKET spotlights different creators and their favorite products, showcasing hundreds of products, including many from the most popular and beloved brands in the world. The host, Drew Dorsey, is an acclaimed content creator, host, writer and producer known for her work in entertainment news and pop culture. The show will air on MARKET.live with clickable on-screen shopping capabilities and feature an interactive chat so viewers can communicate with Drew and her guests in real time during the show. It will also be simulcast live on popular social media platforms where Drew will target her more than 90,000 social media followers.
XWEL XSPA

Hot Stocks

08:12 EST Xwell to introduce customizable services in XpresSpa and Treat locations - XWELL will introduce fully autonomous and customizable services in select XpresSpa and Treat locations in the United States. Beginning in Q1 2023, XWELL will launch the new offerings in up to seven spas across the company's portfolio of 33 retail locations with the intent to deploy as many as 50 units across the business domestically and internationally. Guests will have the opportunity to receive automated chair massages through HydroMassage and Human Touch. The HydroMassage Lounge utilizes water to provide users a full-body massage. The Human Touch Novo XT PRO delivers fully personalized therapy through high-performance robotic massage with zero gravity capabilities and Cloud Touch acupressure to manipulate the body and stretch muscles. Guests will have the ability to control the duration, speed and strength of their massages.
ARQT

Hot Stocks

08:11 EST Arcutis enrolls first patient in Phase 1b study evaluating ARQ-255 - Arcutis Biotherapeutics announced the first subject has been enrolled in a Phase 1b study evaluating ARQ-255, a topical suspension of ivarmactinib, a potent and specific janus kinase 1 inhibitor, for the treatment of alopecia areata. ARQ-255 has been specifically formulated with Arcutis' proprietary 4D technology to deliver drug deep into the skin to the base of the hair follicle, the site of the inflammation that underlies alopecia areata. "Alopecia areata is an immune condition that not only causes hair loss, but also causes significant negative impact on an individual's emotional and mental wellbeing. Today, there are no FDA-approved topical therapies to treat the condition," said Frank Watanabe, President and CEO at Arcutis. "We are delighted to take this first step in the clinical development of ARQ-255, which leverages our unique 4D technology to deliver drug to the site of inflammation deep in the hair follicle."
GENI CZR

Hot Stocks

08:10 EST NFL, Genius Sports expand partnership to provide video streams to Caesars - The National Football League, or NFL, and Genius Sports (GENI) announced an expansion of their partnership to connect fans with live, select NFL games through major U.S. sports betting platforms. As part of this expanded agreement and as an added benefit of its standing as an official sports betting partner and the first official casino sponsor of the NFL, Caesars Entertainment (CZR), will become the first sportsbook operator to provide its U.S. customers with live Watch & Bet video streams for select NFL games on their mobile phones or tablets via the Caesars Sportsbook app. Genius Sports will leverage its machine learning and live streaming technologies to power enhanced viewing experiences for NFL fans through Watch & Bet, and the development of its augmented live video betting products. The NFL appointed Genius Sports in April 2021 as its exclusive worldwide distributor of real-time official play-by-play statistics, proprietary Next Gen Stats data, and the League's official sports betting data feed to media companies and sportsbooks in regulated markets. This partnership included the rights for Genius Sports to distribute low latency video feeds to sportsbooks in key international markets, which has now been expanded to include the U.S. As a first of its kind in the U.S., Caesars Sportsbook will offer official data-driven in-game betting opportunities and player props alongside live video streams of NFL games to give their customers access to in-play NFL betting experience available for mobile and tablets. In addition, Caesars Sportsbook will utilize official NFL league and team marks and logos to help promote their live premium content through a Watch & Bet live wagering experience.
SLG

Hot Stocks

08:10 EST SL Green Realty, Chef Daniel Boulud announces food concepts at One Madison - SL Green Realty, together with Chef Daniel Boulud unveiled two new food and beverage concepts at its newest office development, One Madison Avenue. The building's retail, wellness and dining-focused offerings set a new benchmark for sophisticated and forward-thinking hospitality design with something for every taste, group and time of day. Michelin-starred Chef Daniel Boulud will open two new French culinary destinations. Chef Boulud will bring to life a European petit marche located on 23rd Street between Madison Avenue and Park Avenue South. Inspired by the open-air markets of France, the world-class marketplace will bring the height of French cuisine to Midtown South, with casual 'cuisine de comptoir' for convenient dining while shopping or during the workday, and an elegant Parisian grand cafe with a wide variety of selections to enjoy. Shoppers will be able to purchase the freshest seasonal ingredients from local purveyors, offering gourmet counter foods, premium ingredients and prepared meals for home as well. In addition, Chef Boulud will bring a stylishly comfortable and refined steakhouse to the newly transformed tower. The full-service restaurant will feature an open demonstration kitchen format with a wood-burning grill, and a design reminiscent of old European charm, combined with the classic love for New York City steakhouses to create a welcoming atmosphere.
CELU

Hot Stocks

08:10 EST Celularity gets Halal certification of advanced cellular therapy, biz model - Celularity announced that it received Halal Certification of its business models, commercial stage biomaterial products, and clinical and investigational stage cellular therapeutic programs, indicating that they have undergone rigorous assessment to determine that they are permissible or acceptable in accordance with Islamic law or Sharia. The certificates were issued under the authority of Circle H International and offer the Company the ability to serve Islamic markets globally. This announcement supports Celularity's global expansion strategy, which will ultimately include a presence in the Middle East North Africa or MENA region and a priority focus on Saudi Arabia. Celularity's CEO, Chairman and Founder, Robert J. Hariri, M.D., Ph.D., said, "Obtaining broadly inclusive Halal Certification is a critical first step and an important milestone in Celularity's plan to expand potential markets for our innovative cellular therapeutic candidates and biomaterial products. With the global Muslim population representing 28.26% of the world's population, according to Fortune Business Insights, this certification facilitates our ability to grow and expand in international markets."
SMFR

Hot Stocks

08:09 EST Sema4 announces results of new study on mitochondrial diseases in newborns - Sema4 announced the results of a new study on mitochondrial diseases in newborns. The findings support the addition of mitochondrial DNA testing to rapid exome sequencing, showing it can lead to earlier diagnoses and more immediate potential changes in clinical management. The research evaluates the incidence of mitochondrial disease caused by both nuclear DNA and mtDNA in 966 infants in the NICU who received both rapid exome sequencing and mtDNA sequencing and deletion testing concurrently. In the study conducted by Sema4 GeneDx, nearly 10% of infants referred for exome sequencing plus mtDNA testing were diagnosed with a mitochondrial disorder, accounting for 29% of the overall diagnostic cases. 1.3% of diagnoses were made via mtDNA testing. "Our study shows that including both rapid exome sequencing and mt-DNA sequencing in the NICU will increase the diagnostic yield for many infants," said Dr. Paul Kruszka, Chief Medical Officer of GeneDx at Sema4. "Mitochondrial disease is difficult to diagnose as it can affect many different parts of the body and clinicians may not be looking for it in the NICU. Although there is no cure for mitochondrial disease, earlier diagnoses can lead to a more immediate change in medical management and significantly reduce the diagnostic odyssey for critically ill pediatric patients."
VLN

Hot Stocks

08:08 EST Valens Semiconductor: JASPAR validates MIPI A-PHY specification - Valens Semiconductor announced that the Japan Automotive Software Platform and Architecture organization has formally validated the MIPI A-PHY specification for its network of Japanese OEMs and Tier 1s, including Toyota, Nissan, Honda, Mazda, and DENSO. This came after the Valens Semiconductor VA7000 A-PHY-compliant chipsets passed JASPAR's rigorous testing for Electromagnetic Compatibility, marking an important milestone for the integration of these chipsets into safety-critical Advanced Driver-Assistance Systems.
ASND

Hot Stocks

08:08 EST Ascendis Pharma to initiate TransCon PTH U.S. expanded access program - Ascendis Pharma announced that the U.S. Food & Drug Administration, FDA, has allowed the Company to initiate an expanded access program for its investigational parathyroid hormone replacement therapy, TransCon PTH, for adult patients with hypoparathyroidism. To qualify, patients must live in the U.S., have PTH treatment experience, and have medical needs that cannot be addressed by commercial products or clinical trials. TransCon PTH is an investigational prodrug in development for adult patients with hypoparathyroidism. The safety and efficacy of TransCon PTH have not been established and TransCon PTH is not currently approved by the FDA. It is currently under Priority Review by the FDA, with a Prescription Drug User Fee Act target action date of April 30, 2023.
HEOFF

Hot Stocks

08:07 EST H2O Innovation awarded C$12.1M of new water treatment projects - H2O Innovation is pleased to announce that its Water Technologies & Services business line has recently been awarded two new water treatment projects. These projects both include the supply of ultrafiltration technology and diversify our order backlog for the current fiscal year. These new contracts, with a total value of $12.1 M, bring the WTS backlog to $55.1 M. The largest of the two projects consists of a seven-train UF system for the City of Grants Pass, in Oregon. This system is designed for a capacity of 22.5 MGD to provide drinking water for the community. H2O Innovation submitted a proposal with a higher initial capital cost but with a significantly greater long-term value to the City's ratepayers and was therefore recommended as the successful bidder over two other proposers. The project will start with an engineering phase, and the fabrication of equipment is expected to be completed in 2024. The second project involves a UF-RO system expansion for the City of Sherman, Texas, in order to bring the total capacity of the system to 14.0 MGD. The scope for this project is to add two additional UF trains to the existing five trains that H2O Innovation provided in 2018, as well as an additional RO train to expand the two trains provided in 2019. This expansion is a fast-tracked upgrade that is expected to be completed within the next 12 months.
ABM

Hot Stocks

08:07 EST ABM board increases quarterly dividend 12.8% to 22c per share - ABM announced that its Board of Directors has approved a quarterly cash dividend of 22c per common share, which is a 12.8% increase from the prior quarterly cash dividend of 19.5c per common share, payable on February 6, 2023, to shareholders of record on January 5, 2023. This will be the Company's 227th consecutive quarterly cash dividend. "I am pleased the Board of Directors has approved our dividend increase," said Scott Salmirs, ABM's President & Chief Executive Officer. "The dividend is an important component of our balanced approach to capital allocation, along with strategic M&A activity and share repurchases, to drive total shareholder return. Our strong cash flows provide the fuel and flexibility to fund all three, while still continuously investing in organic growth."
LOW

Hot Stocks

08:07 EST Lowe's targets net-zero emissions across Scopes 1, 2 and 3 by 2050 - Lowe's announced its goal to reach net-zero emissions across the company's scope 1, 2 and 3 greenhouse gas emissions by 2050, in accordance with guidelines from the Science Based Targets initiative, the global body enabling businesses to set emissions reduction targets in line with climate science. To meet interim SBTi targets, Lowe's has also committed to decreasing its scope 1 and scope 2 emissions by 40% and reducing scope 3 emissions by 22.5% below 2021 levels by 2030. The net-zero target builds on Lowe's commitment to sustainability and recent progress, including achieving its 2025 goal of reducing scope 1 and scope 2 greenhouse gas emissions by 40% - relative to 2016 emissions levels - four years early. The company is also working to reach 50% renewable energy for Lowe's facilities by 2030, and 74% of its strategic suppliers had sustainability goals in place in 2021.
DIN GIS

Hot Stocks

08:06 EST IHOP and General Mills partner to turn the brand's iconic pancakes into cereal - IHOP (DIN) announced the new IHOP Mini Pancake Cereal - Blueberry & Syrup, a surprise innovation coming to shelves starting this month. The brand listened to guests and fans to create this collaboration with General Mills (GIS), partnering together to bring something joyful and delicious from IHOP right to your breakfast table. This cereal will allow guests to enjoy crunchy, blueberry pancake flavor in every delicious spoonful. Each cereal box is filled with lots of itty, bitty pancake-shaped pieces with natural and artificial blueberry and syrup flavor that is sure to bring a smile to your face. Share special moments with family and friends by sitting down for a tasty bowl of mini pancake cereal, pack it in bags as easy-to-carry lunch snacks, or make these tiny pancake shaped pieces your new favorite ice cream toppings. As a brand, IHOP aims to meet guests wherever and whenever they want to eat delicious food. Never taking itself too seriously, the launch of IHOP Mini Pancake Cereal - Blueberry & Syrup puts the brand's famous pancakes in crunchy cereal-form for guests to enjoy the taste of IHOP at home in a fresh, new way.
TKLF

Hot Stocks

08:06 EST Yoshitsu announces business update for its duty-free shopping services - Yoshitsu provides a business update for its duty-free shopping services. With the inbound tourism recovery in Japan, the Company strives to explore the market opportunities of domestic duty-free shopping. The Company began providing pickup services since November 11, 2022, at its Urawa store and KoshigayaRyutsudanchi store in Saitama, Japan and its Hakuba store in Nagano, Japan. The Company has become the first company to offer pickup services at pharmacies in Tokyo and the first company to offer duty-free shopping service on TaxFreeOnline.jp in Nagano. Mei Kanayama, the Principal Executive Officer of Yoshitsu Co., Ltd, commented, "We are excited to see that the Japanese government opened its borders to foreign visitors, which should prompt the inbound tourism recovery in Japan. We strive to attract foreign visitors by providing TFO and pickup services at our stores, which offer them a convenient shopping experience during their stay in Japan. Looking forward, we will remain focused on providing unparalleled services and diversified selection of products at our stores. We are confident that our improved customer experience and promotion activities will attract foreign visitors and our strong capacity will meet the anticipated increased needs of foreign visitors."
SAR

Hot Stocks

08:05 EST Saratoga Investment announces offering of unsecured notes - Saratoga Investment Corp. announced the commencement of a registered public offering of unsecured notes. The Company also announced that it has received an investment grade rating of "BBB+" from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The Notes are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the trading symbol "SAY".
MDT

Hot Stocks

08:05 EST Medtronic completes enrollment in SPHERE Per-AF Trial - Medtronic announced the completion of enrollment and final treatment in the SPHERE Per-AF Trial, a U.S. FDA Investigational Device Exemption pivotal trial designed to evaluate the safety and effectiveness of the first-of-its kind Sphere-9 pulsed field and radiofrequency ablation, and high density mapping catheter with the Affera cardiac mapping and navigation platform for the treatment of persistent atrial fibrillation. The SPHERE Per-AF Trial is a global, prospective, multicenter, randomized clinical trial. Since the trial's commencement in December 2021, the trial enrolled 477 patients with persistent AF across 23 centers in the U.S. and Europe. Patients will be assessed for 12 months for safety and efficacy.
CND

Hot Stocks

08:04 EST Concord Acquisition, Circle mutually agree to terminate business combination - Circle Internet Financial and Concord Acquisition Corp announced the mutual termination of their proposed business combination initially announced in July 2021 and amended in February 2022. Under the terms of Concord's amended and restated certificate of incorporation, Concord has until December 10, 2022 to consummate a business combination. The transaction agreement also states that Concord can seek a shareholder vote to extend that date to January 31, 2023 if the SEC has declared the S-4 registration statement for the business combination effective. To date, the S-4 registration statement has not been declared effective. Termination of the proposed business combination has been approved by the Board of Directors of both Concord and Circle.
VFC

Hot Stocks

08:03 EST VF Corp. CEO Steve Rendle retires, Benno Dorer named as interim CEO - VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been named interim president and CEO, effective immediately. Richard Carucci, a director on the board since 2009, will serve as interim chairman of the board. Dorer's appointment follows Steve Rendle's decision to retire from his position as chairman, president and CEO. The company has commenced a search for a permanent CEO and has retained an executive search firm to support its evaluation of internal and external candidates.
NVS

Hot Stocks

08:02 EST Novartis reports Phase 3 PSMAfore trial with Pluvicto met primary endpoint - Novartis announced the pivotal Phase 3 PSMAfore study with Pluvicto, a prostate-specific membrane antigen, or PSMA, targeted radioligand therapy, met its primary endpoint. Pluvicto demonstrated a statistically significant and clinically meaningful improvement in radiographic progression-free survival, or rPFS, in patients with PSMA-positive metastatic castration-resistant prostate cancer after treatment with androgen-receptor pathway inhibitor therapy, compared to a change in ARPI1. No unexpected safety findings were observed in PSMAfore; data are consistent with the already-well established safety profile of Pluvicto. "This is the second positive read-out for Pluvicto in a Phase III trial following the VISION study, where patients with PSMA-positive mCRPC who received Pluvicto plus standard of care after being treated with ARPI and taxane-based chemotherapy had a statistically significant reduction in risk of death1,3. The PSMAfore results continue to support the important role of Pluvicto1 in treating patients with prostate cancer. The Phase III data will be presented at an upcoming medical meeting and discussed with the US Food and Drug Administration in 2023 for regulatory approval," the company said. "With the announcement of these positive topline Phase III results, Pluvicto becomes the first PSMA-targeted radioligand therapy to demonstrate significant and clinically meaningful benefits for people living with this type of prostate cancer who have not received taxane-based chemotherapy. We look forward to discussing the data with healthcare authorities in order to bring this innovative new early treatment option to many more prostate cancer patients sooner after their diagnosis," added Shreeram Aradhye, M.D., President, Global Drug Development and Chief Medical Officer, Novartis.
CPHI

Hot Stocks

08:02 EST China Pharma acquires Dry Eye Disease Therapeutic Device Project - China Pharma Holdings announced the Acquisition of Dry Eye Disease Therapeutic Device Project. Li Zhilin, CEO of China Pharma said: "Due to the increasingly developed technology, the time and frequency of using the electronic products have significantly increased in recent years. In addition, with the aging of the population, DED has become the largest ophthalmic disease in China, and the diagnosis and treatment rate is expected to maintain an upward trend for a long time. What we acquired is an ophthalmic oxygen enriched atomization therapeutic device with a patent technology. This device is to fill in the vacuum of the current market demand in devices to treat DED, visual fatigue and other problems, as well as recovery after eye surgery. We plan to launch it to the market next year. We are confident that the launch of this product will bring excellent treatment experience to every DED patient, which will also boost the Company's sales. "
WWD EADSY

Hot Stocks

08:02 EST Woodward selected by Airbus to provide Fuel Cell BoP solution - Woodward (WWD) announced that it will work together with Airbus (EADSY) to provide the Fuel Cell Balance of Plant, BoP, solution for the ZEROe demonstrator, which aims to put a zero-emission aircraft into service by 2035. Woodward will contribute advanced design capabilities and world-leading fuel technologies to the ZEROe project for more sustainable air travel based on hydrogen propulsion. "We're pleased Airbus has decided to work with Woodward to provide component solutions to meet its high standards of safety, efficiency and performance for its ZEROe Fuel Cell demonstrator," said Terry Voskuil, President, Woodward Aerospace. "The ZEROe project will provide important solutions in the portfolio for emission-free flying and will help fulfill the decarbonization goal. We're very proud to be a part of it. Through our leading fuel cell technologies and our unsurpassed fuel component design capabilities, we're committed to supporting Airbus in achieving its zero-emission ambition."
ARGO

Hot Stocks

07:57 EST Advisory firms say Argo Group holders should vote for all director nominees - Argo Group International Holdings announced that leading independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co, have recommended that shareholders vote "FOR" all seven of Argo's highly qualified director nominees at the Company's upcoming Annual Meeting of Shareholders to be held on December 15. In addition, Voce Capital Management the owner of approximately 9.5% of the Company's common shares, has informed the Company that it has voted all of its shares on the BLUE proxy card in support of the seven Argo nominees at the Company's upcoming 2022 annual meeting. In making its recommendations, ISS stated in its December 2, 2022 report : "The dissident has not made a compelling case for change. The highest priority for ARGO is the ongoing strategic review. There is no reason to believe that the process is not being conducted to advance the best interests of shareholders, and there is no indication that a key competency or perspective is absent from the strategic review committee." "The addition of Dan Plants in early August only bolstered the board's credibility, particularly because he was appointed to chair the strategic review committee."
GLNCY

Hot Stocks

07:48 EST Glencore to pay $180M to DRC over corruption claims - Glencore has reached an agreement with the Democratic Republic of Congo covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in the DRC between 2007 and 2018. This includes activities in certain Group businesses that have been the subject of various investigations by, amongst others, the United States Department of Justice and the DRC's National Financial Intelligence Unit and Ministry of Justice. Under the Agreement, Glencore International AG, on behalf of its Congolese-associated companies, will pay the DRC $180 million and will continue to implement in the DRC the Ethics and Compliance Programme the Company committed to continue to implement in its resolution with the DOJ. The Agreement is governed by Congolese law and the only admissions made are in respect of the conduct already acknowledged in Glencore's resolution with the DOJ. In a statement, Mr Kalidas Madhavpeddi, Chairman of Glencore said: "Glencore is a long-standing investor in the DRC and is pleased to have reached this Agreement to address the consequences of its past conduct. Glencore has actively promoted its Ethics and Compliance Programme in the DRC in recent years and looks forward to continuing to work with the DRC authorities and other stakeholders to facilitate good governance and ethical business practices in the country." Reference Link
DMGGF

Hot Stocks

07:43 EST DMG Blockchain Solutions mines 88 bitcoin in November - DMG Blockchain Solutions announces November preliminary mining results. In November 2022, DMG mined 88 bitcoin with 0.83 EH/s realized hashrate. DMG's bitcoin balance as of November 30, 2022 was 389 bitcoin. Depending on the timing to receive shipments of ordered miners, DMG expects to grow its hashrate to 1 EH/s by the end of this calendar year or early 2023; this is subject to the receipt, installation and operation of the additional miners.
VHIBF

Hot Stocks

07:42 EST Vitalhub enters multiyear contract with Black Country ICB - VitalHub is pleased to announce a multi-year licensing contract of subsidiary Transforming System's SHREWD Platform and SHREWD Resilience offerings to Black Country Integrated Care Board.Serving a population of nearly 1.3 million people, the entirety of the ICB will benefit from this sale, accessing the ability for system-wide oversight of real time pressure, capacity and demand to support system wide mutual aid / decision making.
ADPT

Hot Stocks

07:42 EST Adaptive Biotechnologies to present more than 30 abstracts at ASH meeting - Adaptive Biotechnologies will present data from more than 30 abstracts showcasing the benefit of Adaptive's next-generation sequencing, NGS,-based clonoSEQ Assay in measuring minimal residual disease, MRD, in blood cancer patients at the 64th Annual Meeting of the American Society of Hematology, ASH, taking place December 10-13, 2022. "The data presented at ASH continues to reinforce the value of serial MRD testing with clonoSEQ as a sensitive prognostic tool in real-world settings and in clinical trials," said Nitin Sood, chief commercial officer, MRD, Adaptive Biotechnologies. "Data continues to demonstrate that testing MRD at multiple timepoints throughout a patient's cancer journey is part of the new standard of care for most lymphoid malignancies and is critical to a physician's ability to assess prognosis, determine response to treatment, detect relapse, and ultimately optimize care." Data generated using clonoSEQ across various blood cancers will be featured in the selected 12 oral presentations and 21 posters listed below at ASH. Five of the presentations are studies using real-world evidence to demonstrate how serial clonoSEQ testing is being utilized in the clinic to inform physician decisions across indications and therapeutic regimens to guide personalized treatment plans, including discontinuation of therapy.
SLG CZR

Hot Stocks

07:41 EST Roc Nation joins SL Green, Caesars as partner in Times Square gaming bid - Roc Nation will be the official entertainment partner of SL Green and Caesars Entertainment in their bid for a new, state-of-the-art gaming facility at 1515 Broadway in Times Square. The partnership brings together three best-in-class organizations - New York's largest owner of office properties, the nation's leading gaming company and the world's preeminent entertainment company - to deliver a crucial plan for the world's top tourist destination. As a partner in the project, Roc Nation will help revitalize Times Square by partnering with neighborhood organizations to re-imagine programming in the district's famous "bow tie." Caesars Palace Times Square will not only provide billions in tax revenue to New York City and State, it will also accelerate New York's economic recovery through strategic partnerships with area businesses utilizing its industry-leading loyalty program Caesars Rewards, home to more than 65 million members. Caesars Rewards members will be able to use credits at Broadway shows, local hotels, restaurants, retail stores, comedy clubs, entertainment venues, and more, driving more tourists and New Yorkers to area businesses and creating thousands of direct and indirect jobs in and around Times Square.
ISPC

Hot Stocks

07:41 EST iSpecimen appoints Basile to board of directors - iSpecimen announced that the Company has appointed Joseph Basile to iSpecimen's Board of Directors, as well as the audit committee and the nominating and corporate governance committee of the Company, effective November 28, 2022. Basile is replacing Margaret Lawrence as an independent director. Basile has advised global Fortune 500 companies, mid-market public companies, private equity and venture capital backed companies, and family-owned companies. His experience includes work in the technology, life sciences, professional services, and education sectors. He is the founder and managing director of Pari Passu M&A Mediation.
ZYNE

Hot Stocks

07:39 EST Zynerba announces long-term data from Phase 2 INSPIRE trial with Zygel - Zynerba Pharmaceuticals presented positive long-term 38-week data from the Phase 2 INSPIRE trial with Zygel in children and adolescents with 22q11.2 deletion syndrome. The data were presented in a poster at the 61st Annual Meeting of the American College of Neuropsychopharmacology, being held December 4-7, 2022 in Phoenix, Arizona. The poster, titled, "An Open-Label Tolerability and Efficacy Study of ZYN002 Administered as a Transdermal Gel to Children and Adolescents with 22q11.2 Deletion Syndrome," shows that through 38-weeks of treatment, statistically significant improvements were seen in children and adolescents treated with Zygel in the Pediatric Anxiety Rating Scale, all five scales of the Anxiety, Depression and Mood Scale, and all five subscales of the Aberrant Behavior Checklist - Community. These results are consistent with the previously reported 14-week treatment data suggesting a positive risk-benefit profile for Zygel in improving anxiety-related and behavioral symptoms in children and adolescents with 22q when added to a stable standard of care. The INSPIRE trial enrolled 20 patients in the U.S. and Australia. Seventeen of the 20 patients completed week 14. Patients with a greater than or equal to 35% improvement in the ABC-C irritability subscale were allowed to continue treatment for an additional 24 weeks. Thirteen patients continued treatment, with 12 patients completing week 38. At the end of both Period 1 and Period 2, statistically significant improvements from baseline were seen in the PARS-R, all five subscales of the ADAMS, and all five subscales of the ABC-C. Zygel was generally well tolerated, and the safety profile was consistent with data from previous Zygel clinical trials.
SLDB

Hot Stocks

07:39 EST Solid Biosciences closes acquisition of AavantiBio, $75M private placement - Solid Biosciences announced the closing of its acquisition of AavantiBio, a privately held gene therapy company focused on transforming the lives of patients with Friedreich's ataxia and rare cardiomyopathies, including its pipeline assets and net cash. The combined company will focus on advancing a portfolio of neuromuscular and cardiac programs, including SGT-003, a differentiated gene transfer candidate, for the treatment of Duchenne, AVB-202, a gene transfer candidate for the treatment of Friedreich's ataxia, AVB-401 for BAG3 mediated dilated cardiomyopathy, and additional assets for the treatment of undisclosed cardiac diseases. Bo Cumbo, the Chief Executive Officer of AavantiBio, will assume the role of President and CEO of Solid Biosciences. Concurrent with the closing of the merger, Solid closed the previously announced $75 million private placement with a select group of institutional investors and accredited investors. The private placement was led by existing investors Perceptive Advisors, LLC, RA Capital Management and Bain Capital Life Sciences, and other new and existing investors participating in the private placement include CaaS Capital Management, Invus, Laurion Capital Management and Pura Vida Investments. Solid's stockholders approved the issuance of shares of Solid common stock in the transactions on December 1, 2022, along with the other proposals presented at the meeting. Following the closing of the merger and private placement, Solid has total cash and investments of approximately $215 million. Solid expects this will be sufficient to fund the company's planned operating expenses and capital expenditure requirements into 2025 and enable the potential attainment of key milestones for the combined company's lead programs.
FTLF

Hot Stocks

07:37 EST FitLife Brands to acquire Mimi's Rock for C$27.2M - FitLife Brands announced that it has entered into definitive documentation to acquire all of the issued and outstanding common shares of Mimi's Rock Corp. subject to customary closing conditions. Highlights of the transaction, which is expected to close in February, 2023, are as follows: The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to approximately double the size of the Company to more than $60 million annual revenue; Annual adjusted EBITDA of the combined businesses is anticipated to exceed $12 million; The all-cash transaction, with no shares being issued by FitLife, is expected to be highly accretive to existing shareholders once all transaction-related costs have been expensed; The total transaction value is approximately CDN $27.2 million; After adjustment for transaction expenses and working capital, the remaining consideration paid by FitLife will retire all of MRC's outstanding indebtedness and fund payment to Mimi's Rock shareholders of CDN $0.17 per share; The Company expects to incur $1.2-1.5 million in transaction expenses, and post-closing the Company anticipates investing approximately $2.0 million to enhance MRC's working capital; Mimi's Rock shareholders owning approximately 47% of the outstanding shares have entered into voting agreements in support of the transaction; The purchase will be funded using a combination of cash on hand and a committed term loan to be provided by the Company's bank, First Citizens Bank, with a rate of SOFR+275; Post-closing, total FitLife leverage will be minimal, with net debt/pro forma EBITDA expected to be comfortably below 1.0x, and the Company anticipates being debt-free within approximately one year of closing the transaction; Revenue concentration with GNC, the Company's largest customer, is expected to decline from 65-70% currently to 30-35% for the combined businesses; Online revenue as a percent of total revenue is expected to increase from approximately 26% currently to 60-65% for the combined businesses; The total number of brands owned and managed by FitLife will increase from 9 to 12; Mimi's Rock owns and manages three brands-Dr. Tobias, All Natural Advice, and Maritime Naturals-which are sold primarily on Amazon.com.. MRC's flagship brand, Dr. Tobias, has been sold on Amazon since 2013 and generates approximately 87% of MRC's revenue, with almost all of the revenue denominated in US dollars. Dr. Tobias's fish oil and colon cleanse SKUs are among the most popular products on Amazon in their respective categories. The Dr. Tobias brand sells over 1.1 million units annually on Amazon, and the combined product portfolio has generated approximately 150,000 customer reviews. MRC's other two brands, All Natural Advice and Maritime Naturals, are sold primarily in Canada and provide FitLife an entrance into the skin-care category. Across the three brands, Mimi's Rock has more than 75,000 "Subscribe & Save" customers on Amazon that account for an estimated 20% of MRC's revenue. The transaction is expected to be effected through a plan of arrangement under the Business Corporations Act. The Arrangement will require the approval of MRC's shareholders at a special meeting expected to be held in February, 2023. Mimi's Rock shareholders who collectively own or control, directly or indirectly, approximately 47% of the outstanding shares have entered into voting agreements with affiliates of FitLife agreeing to vote their shares in favor of the Arrangement. FitLife plans to fund the consideration, the transaction costs, and the working capital investment using a combination of cash on hand and a new, committed term loan not to exceed $12.5 million to be provided by First Citizens Bank. In addition, in conjunction with the closing of the Arrangement, the Company intends to enter into a new upsized, undrawn $3.5 million revolving line of credit, which facility has already been approved by First Citizens Bank. The Company currently intends to hedge the purchase price and other transaction-related currency needs through a CDN forward contract. Post-closing, the Company anticipates that approximately 95% of the revenue for the combined businesses will be denominated in US dollars. The remaining revenue will be primarily denominated in CDN, which amounts will be offset in whole or in part by CDN-denominated operating expenses.
ATHA

Hot Stocks

07:36 EST Athira Pharma presents preclinical data on ATH-1105 in ALS - Athira Pharma presented data highlighting the potential therapeutic benefits of ATH-1105, a small molecule positive modulator of the HGF/MET neurotrophic system, in a preclinical mouse model of amyotrophic lateral sclerosis. Data presented highlight the neuroprotective effects of daily ATH-1105 treatment in the TDP-43 mouse model of ALS. The study results show that compared to untreated TDP-43 controls: ATH-1105-treated mice were protected against loss of body weight and had significant improvement in motor function and coordination; ATH-1105-treated mice had significant improvements in nerve function; Biomarker assessments of ATH-1105-treated mice had significantly reduced plasma levels of inflammatory cytokines and neurofilament light, suggesting a reduction in systemic inflammation and neurodegeneration, respectively; Assessment of sciatic nerve histology showed that ATH-1105-treated mice had a significant increase in the number of axons, larger axonal diameters, and normal myelin thickness levels, suggestive of neuroprotection. "Importantly, these positive findings in this ALS model are consistent with data we have reported in preclinical models of other neurodegenerative diseases, which also showed that enhancing the HGF/MET neurotrophic system has a positive impact on neurodegeneration and neuroinflammation, and could be disease modifying," said Mark Litton, Ph.D., President and Chief Executive Officer of Athira Pharma. "We look forward to advancing ATH-1105 as a potential new therapy for debilitating neurodegenerative disorders such as ALS."
YMTX JNJ

Hot Stocks

07:35 EST Yumanity declares special dividend related to asset sale, merger with Kineta - Yumanity Therapeutics (YMTX) announced that its Board of Directors has declared a special dividend in connection with the previously announced asset sale to Janssen Pharmaceutica (JNJ) and merger with Kineta. The special dividend, which the Company estimates will be in range of $1.34 to $1.43 per share of Yumanity common stock, will be payable in cash on or before December 29, 2022, to stockholders of record at the close of business on December 15, 2022. The special dividend will be equal to the gross proceeds of the asset sale to Janssen, net of amounts used or retained for Yumanity's outstanding obligations and minimum cash requirement associated with the closing of the merger with Kineta. Yumanity's minimum cash requirement has been reduced from $10 million to $7.5 million as part of a recent amendment to the merger agreement. Payment of the special dividend is conditioned upon the closing of both the asset sale to Janssen and merger with Kineta, which remain subject to the approval of Yumanity's stockholders and other closing conditions. The special meeting of Yumanity's stockholders to consider and vote upon the asset sale and merger is scheduled for December 13, 2022.
WINT

Hot Stocks

07:34 EST Nasdaq grants Windtree Therapeutics 180-day extendion to regain compliance - Windtree Therapeutics announced that the NASDAQ Stock Market has granted Windtree an additional 180 days to regain compliance with Nasdaq's $1.00 minimum bid price rule requirement under Nasdaq Listing Rule 5550(a)(2), following the expiration of the initial 180 days period to regain compliance on November 30, 2022. As a result of the extension, the Company now has until May 29, 2023 to regain compliance with the $1.00 minimum bid price rule requirement. If at any time before May 29, 2023, the bid price of the Company's common shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification to the Company that it has achieved compliance with the bid price requirement. If the Company chooses to implement a reverse stock split to regain compliance, it must complete the reverse split no later than 10 business days prior to the expiration of the additional 180 calendar day period in order to timely regain compliance. If the Company does not regain compliance with the bid price requirement by May 29, 2023, Nasdaq will provide written notification to the Company that its shares will be subject to delisting. At such time, the Company may appeal the delisting determination to a Nasdaq Hearings Panel. There can be no assurance that, if the Company does appeal a subsequent delisting determination, such appeal would be successful. The Company would remain listed pending the Panel's decision. The current notification from Nasdaq has no immediate effect on the listing or trading of the Company's shares, which will continue to trade on the Nasdaq Capital Market under the symbol "WINT".
IONS

Hot Stocks

07:34 EST Ionis Pharmaceuticals: EMA accepts MAA for review of tofersen - Ionis Pharmaceuticals announced that the European Medicines Agency has accepted the marketing authorization application for review of tofersen, an investigational medicine for the treatment of superoxide dismutase 1 amyotrophic lateral sclerosis. SOD1-ALS is a progressive and uniformly fatal disease that affects fewer than 1,000 people across Europe. The FDA has set a PDUFA date for tofersen of April 25, 2023. There are currently no treatments targeted for SOD1-ALS.
TW

Hot Stocks

07:34 EST Tradeweb Markets announces $300M share repurchase agreement - Tradeweb Markets announced that its board of directors has approved a share repurchase program. The company is authorized to repurchase up to $300M in shares of its Class A common stock, either in the open market, through privately negotiated transactions, through accelerated share repurchases or through the use of trading plans, each in accordance with applicable securities laws and other restrictions. The manner, timing and amount of any purchase will be based on an evaluation of market conditions, stock price and other factors. The program has no termination date, may be suspended or discontinued at any time and does not obligate the company to acquire any amount of Class A common stock.
ASRT

Hot Stocks

07:33 EST Assertio Holdings sees 2022 product sales over $152M - Revenue consensus $142.35M. Assertio Holdings announced that it is raising its outlook for 2022 full-year net product sales to greater than $152 million, increased from its prior outlook calling for net product sales of greater than $141 million for the full year. The Company noted that net product sales to date in the fourth quarter have significantly exceeded its prior expectations used in formulating the Company's outlook provided with its third quarter results on November 8, 2022. Said Dan Peisert, President and CEO of Assertio, "Net product sales in 2022 have consistently exceeded expectations. The revised outlook is driven by better than anticipated volume across the majority of our portfolio, and particularly Indocin. Our recent addition of Sympazan is also generating higher sales than our original projections."
ELTK

Hot Stocks

07:33 EST Eltek awarded $1.1M follow-up order from defense customer - Eltek announced the company has received a follow-up purchase order in the amount of $1.1M from an existing customer in the defense sector. The original purchase order in the amount of $1.4M was received during the first quarter of 2022. The order will be supplied by Eltek over a period of four months commencing in March 2023.
BIIB

Hot Stocks

07:32 EST Biogen announces EMA accepted tofersen MAA to treat rare form of ALS - Biogen announced the European Medicines Agency, EMA, has accepted the Marketing Authorization Application, MAA, for review of tofersen, an investigational drug for the treatment of superoxide dismutase 1, SOD1, amyotrophic lateral sclerosis, ALS. SOD1-ALS is a progressive and uniformly fatal disease that affects less than 1,000 people in Europe. There is currently no treatment targeted for SOD1-ALS. "Through our clinical development program, we have seen that tofersen has the potential to slow the progression of this relentless and ultimately fatal disease," said Priya Singhal, M.D., M.P.H., Head of Global Safety and Regulatory Sciences and Interim Head of R&D at Biogen. "Regulatory submissions in the U.S. and now EU represent an important step in our efforts to bring the first genetically-targeted treatment for SOD1-ALS to the ALS community as quickly as possible." The MAA includes results from the Phase 3 VALOR study, its open label extension study, a Phase 1 study in healthy volunteers and a Phase 1/2 study evaluating ascending dose levels. Also included are the most current 12-month integrated results from VALOR and the OLE study that were recently published in The New England Journal of Medicine. Tofersen is also under review with the U.S. Food and Drug Administration with Priority Review and has a Prescription Drug User Fee Act action date of April 25, 2023.
OLED

Hot Stocks

07:32 EST Universal Display signs OLED supply, license agreements with Samsung Display - Universal Display announced the signing of long-term OLED material supply and license agreements with Samsung Display, or SDC, a global display manufacturing leader. These agreements affirm that Universal Display Corporation will continue to supply its proprietary UniversalPHOLED phosphorescent OLED materials and technology to Samsung Display for use in its OLED displays. The agreements are scheduled to run through December 31, 2027, and may be extended for an additional two-year period. Financial terms of the agreements have not been disclosed.
ACDC

Hot Stocks

07:31 EST ProFrac Holding to acquire Eagle Ford sand mining operations of Monarch Silica - ProFrac Holding announced that it has entered into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica. The transaction is expected to close by the end of 2022.
EH

Hot Stocks

07:29 EST EHang appoints Nick Ning Yang to board of directors - EHang Holdings announced that Nick Ning Yang has been appointed as a new director to the Company's Board of Directors, effective December 5, 2022. The Board has reviewed and determined that Mr. Yang meets all the "independence" requirements under Rule 10A-3 of the United States Exchange Act of 1934 and Rule 5605 of the Nasdaq Stock Market Rules. Yang is a founding Partner of LeBox Capital, a venture investment fund established in 2011 that focuses on early-stage high growth TMT companies in China.
F

Hot Stocks

07:28 EST DHL orders 2,000 Ford E-Transit electric delivery vans - Ford Pro and Deutsche Post DHL Group recently signed a Memorandum of Understanding to accelerate the deployment of electrified vans used for logistics operations worldwide. Underscoring the planned collaboration, Ford Pro will equip Deutsche Post DHL Group with more than 2,000 electric delivery vans worldwide by the end of 2023 to enhance its leading position in using electric vans for last mile delivery worldwide. The inked agreement covers a full suite of solutions to operate the electric fleet including access to Ford Pro's connected E-Telematics software and charging solutions in order to reduce costs and optimise efficiency as a part of the two organisations' common zero emission goals Ford is targeting zero emissions for all vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, and carbon neutrality globally no later than 2050. Deutsche Post DHL Group is committed to strengthen clean operations for climate protection and will invest EUR 7 billion in the current decade on its path to net-zero emissions logistics. Deutsche Post DHL Group is targeting a share of 60% e-vehicles used for carbon neutral pick-up and delivery by 2030, now also powered by Ford Pro's line-up of electrified vehicles including the all-new E-Transit. Ford Pro has already handed over its first E-Transits under the agreement, joining Deutsche Post DHL Group's electric fleet used for last mile deliveries in several countries worldwide. The Memorandum of Understanding, signed by Ford and Deutsche Post DHL Group, will potentially allow both companies to explore the co-development of future products as well as new digital and charging solutions. In addition to providing early access to innovative ideas, Ford Pro will also deliver Deutsche Post DHL Group access to test vehicles and monitoring services as the two companies explore to expand their cooperation to a growing number of markets globally. Reference Link
CNTY VICI

Hot Stocks

07:21 EST Century Casinos provides update on projects in Caruthersville, Missouri - Century Casinos (CNTY) broke ground on the new land-based casino and hotel development at Century Casino Caruthersville on Friday, December 2. The casino at Century Casino Caruthersville will offer 650 slot machines (with the possibility of an expansion of up to 140 additional slot machines), table games, a deli, and a bar. The 38-room hotel, which will be located in a hotel tower between the existing pavilion and the new casino, will provide scenic views of the Mississippi River and city of Caruthersville. The new casino and hotel are expected to open in late 2024, subject to final regulatory approval from the Missouri Gaming Commission as well as other state and local approvals. The Caruthersville Project is expected to cost approximately $51.9M. To finance the Caruthersville Project, the Company entered into an amendment to its Master Lease with VICI Properties Inc. (VICI). Following completion, VICI will own the real estate improvements associated with the Caruthersville Project. Annual rent under the Master Lease will increase by approximately $4.2M after completion of the Caruthersville Project. Following the groundbreaking ceremony, the company hosted a grand opening of the Farmstead, a 36-room hotel located near the existing pavilion and the new land-based casino and hotel development in Caruthersville. The Company bought the Farmstead land and building in July 2021 and completely renovated the hotel building into a contemporary Missouri farmhouse style hotel at a cost of approximately $3.7 million. The Farmstead will be the only hotel in Caruthersville until the new hotel at the land-based Century Casino Caruthersville is completed. Currently, the Company continues its work on the relocation of the casino floor of Century Casino Caruthersville from the riverboat and barge on the Mississippi river to a temporary location in the pavilion. The Company's goal is to have that relocation completed before the end of 2022. The record low water levels of the Mississippi River in October 2022 made the relocation to a temporary land-based facility necessary because the riverboat, which operated since 1994, was no longer accessible from the barge. The Missouri Gaming Commission approved the relocation to the temporary facility in October 2022. The casino will remain in the temporary facility until the time the new permanent land-based casino is completed. The pavilion, the Farmstead, parking, and the new land-based Caruthersville Project are all protected by a flood wall. As a result, the Company expects that casino operations in Caruthersville will no longer be affected by water levels in the Mississippi River.
ACB

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07:19 EST Aurora Cannabis repurchases $76.1M of convertible senior notes - Aurora Cannabis announced that it has repurchased an aggregate of approximately $76.1M principal amount of its convertible senior notes at a total cost, including accrued interest, of $73.8M in cash. Following completion of this repurchase, Aurora will have approximately $110M of Notes outstanding. The purpose of the transaction, which represents a repurchase of a portion of the Notes at a 4.5% discount to par value, was to reduce the company's debt and annual cash interest costs.
BABYF

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07:18 EST Else Nutrition adds 150 retailers in 2H22 - ELSE NUTRITION HOLDINGS announces the addition of 150 retailers, more than doubling the number of retail stores selling Else Nutrition products in Southern California in the second half of 2022. The increase comes with the addition of regional retail partners such as Gelson's and additional stores from CVS Pharmacy and Walmart.
MNTS

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07:18 EST Momentus in deal with Korea 's CONTEC Co for space transportation services - Momentus has signed a contract with CONTEC Co. of the Republic of Korea to provide space transportation services for the JINJUSat-1 CubeSat. JINJUSat-1 is spearheaded by three entities: Jinju City, Korea Testing Laboratory, and Gyeongsang National University. The satellite is targeted to launch aboard the SpaceX Transporter-9 mission no earlier than October 2023. Once in orbit, cameras mounted on the satellite will carry out a mission to take pictures of the Earth. "The Momentus team is looking forward to working with CONTEC Co. and supporting the growth of the South Korean space industry," said Momentus Chief Executive Officer John Rood. "We have all witnessed the impressive growth of the South Korean economy, including in high-tech fields like electronics, aviation, and the automotive industry. The South Korean government aims to inspire, and foster participation in the space economy, and Momentus is eager to support this vision. Space transportation is a foundational building block to advancing the use of space, and we're ready to provide the infrastructure services to enable CONTEC's ambitions for the future."
ODV

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07:17 EST Brunswick Exploration expands option agreement with Osisko Development - Brunswick Exploration expanded its recently signed option agreement with Osisko Development to also acquire a 90% interest in the PLEX Project, which is located along the same fault structure that hosts Patriot Battery Metals' Corvette lithium project. The PLEX Project package contains a total of 375 claims, representing 19,175 hectares. The property is accessible year-round and located near the Trans-Taiga highway, providing access to the La Grande-4 hydroelectric complex. The Project is situated approximately 75 km west of Patriot Battery Metals' Project, along the La Grande shear zone which is host to the entire Corvette lithium trend. Compilation work by BRW has identified over 100 individual pegmatite outcrops and numerous pegmatite dykes on the Project of varying length, including one pegmatite dyke measuring 1.7 kilometres strike length. The latter was intersected in multiple drill holes by previous gold explorers between 2007 and 2014 but was only superficially described in drill logs and not assayed for Lithium-Cesium-Tantalum mineralization; the longest drill intersection of pegmatite measured 103 meters in length. The Project has historically never been explored for lithium mineralization. BRW intends to launch a regional prospecting campaign in late Q2 2023 to explore both the PLEX and Mythril Projects and multiple other smaller BRW claim packages located in the northern half of the James Bay-Eeyou Istchee region. The campaign will include sampling and analysis of pegmatite from recovered drill core on the PLEX Project and will likely lead to more follow-up trenching and/or drilling beyond BRW's current exploration program for 2023. The expanded Option allows BRW to acquire a 90% interest in the Project for a total consideration of 8,000,000 shares over a two-year period, upon closing of the option agreement under the following terms: An initial payment of 1,000,000 shares, within five business days of the Effective Date of the Agreement; A payment of 3,000,000 shares, on or before the 1st year anniversary of the Effective Date of the Agreement; A payment of 4,000,000 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 $6,000,000 in Work Expenditures in accordance with the following schedule: An aggregate of $1,000,000 before the 1st year anniversary of the Effective Date; An aggregate of $2,000,000 before the 2nd year anniversary of the Effective Date; An aggregate of $4,000,000 before the 3rd year anniversary of the Effective Date; An aggregate of $6,000,000 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.
SLSSF

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07:17 EST Solaris reports assay results from Northeast Extension of Warintza Project - Solaris Resources reports assay results from a series of holes aimed at growing the Northeast Extension of the 'Indicative Starter Pit' at its Warintza Project in southeastern Ecuador. Jorge Fierro, Vice President, Exploration, commented: "The Northeast Extension remains open to the north with assays pending from recently completed holes. Further extensional drilling is planned with a 200m step-out platform on the northeastern margin of the drill grid aimed at expanding the zone in this direction. We're also expecting assays from the remaining holes drilled from the discovery platform at Warintza West outlining a mineralized porphyry with minimum dimensions of 900m x 600m and open outside the MRE for future resource drilling, and the next series of holes targeting the expansion of Warintza East."
SNDX

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07:16 EST Syndax: FDA grants Breakthrough Therapy Designation for revumenib - Syndax Pharmaceuticals announced that the U.S. FDA has granted Breakthrough Therapy Designation for revumenib for the treatment of adult and pediatric patients with relapsed or refractory acute leukemia harboring a KMT2A rearrangement. Revumenib is the company's highly selective, oral menin inhibitor. The company remains on track to submit an NDA for revumenib by the end of 2023 with the potential for an expedited approval with a broad indication.
NKTX

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07:15 EST Nkarta announces updated clinical data on NKX019 - Nkarta announced positive updated data from its Phase 1 dose escalation study of NKX019 as monotherapy to treat patients with relapsed or refractory non-Hodgkin lymphoma, NHL. Nkarta plans to provide updates from the NKX019 program, including data from the dose expansion cohorts, in 2023. Evaluating NKX019 in r/r B cell malignancies: NKX019 is an allogeneic, cryopreserved, off-the-shelf cancer immunotherapy candidate that uses NK cells engineered to target the B-cell antigen CD19, a clinically validated target for B-cell cancer therapies. The NKX019 Phase 1 study is evaluating the safety and anti-tumor activity of NKX019 as a multi-dose, multi-cycle therapy in patients with r/r B cell malignancies. As of November 28, 2022, 19 patients were enrolled and dosed. Fourteen patients entered the study with a diagnosis of non-Hodgkin lymphoma, 7 of which were aggressive large B cell lymphoma. Safety in NKX019: NKX019 was well tolerated. No ICANS, GvHD, or greater thanGr3 CRS were observed in the study. No dose-limiting toxicities were observed. Five patients developed fever within 8 hours of NKX019 infusion, and each resolved within 24 hours. 2 of the 5 patients were assessed to have infusion-related reactions, 2 patients were assessed to have CRS, despite the rapid onset and rapid resolution not common in CRS, and one patient had both entities described in two separate cycles. The most common higher-grade adverse events were myelosuppression. Clinical Activity in NXK019 : Nineteen patients who received NKX019 were assessed. In the two highest dose cohorts, 8 out of 10 patients with NHL achieved an objective response and 7 out of 10 achieved a complete response. 5 of 6 patients with NHL in the cohort receiving 3 doses of 1 billion cells achieved a response, and 4 of 6 achieved a complete response. 3 of 4 patients with NHL in the cohort receiving 3 doses of 1.5 billion cells achieved a response and a complete response. For all cohorts in the dose finding portion, 10 of 14 patients with NHL achieved an objective response and 8 of 14 achieved a complete response. 3 patients with ALL and 2 patients with CLL were treated, with no response observed.
VICI CNTY

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07:15 EST VICI Properties provides capital for Century Casinos' expansion - VICI Properties (VICI) announced that it will utilize its Partner Property Growth Fund to provide capital for an exciting expansion project for Century Casinos (CNTY). The project consists of a new land-based casino with an adjacent 38-room hotel tower at Century Casino Caruthersville, located in Caruthersville, Missouri. Pursuant to an amendment to the existing master lease between the parties, VICI will own the real estate improvements associated with these projects, which are expected to cost approximately $51.9M, and annual rent under the master lease with Century will increase by approximately $4.2M following completion of the projects. John Payne, President and Chief Operating Officer of VICI Properties, said, "We are very excited to continue to grow our partnership with Century by funding this expansion project through our Partner Property Growth Fund. Since we jointly acquired three regional assets in 2019, the Century team has significantly enhanced performance at the properties by fine-tuning operations and focusing intently on customer satisfaction. Our team, led by Danny Valoy and Elena Keil, has collaborated with Century to structure a transaction that greatly enhances the long-term value of the property in Caruthersville, provides Century with balance sheet flexibility and allows VICI to invest free cash flow, growing our AFFO without the need for external funding."
AGNPF

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07:14 EST Algernon Pharmaceuticals receives orphan drug designation for ifenprodil - Algernon Pharmaceuticals announced that the United States Food and Drug Administration has granted Orphan Drug Designation to Ifenprodil as a treatment for Idiopathic Pulmonary Fibrosis. Ifenprodil is the sole active ingredient in NP-120, an NMDA receptor antagonist and the Company's lead clinical candidate being developed for the treatment of IPF and chronic cough. The Company recently concluded a Phase 2a study of Ifenprodil in patients with IPF. The trial met its co-primary IPF endpoint with patients receiving Ifenprodil experiencing no worsening of their lung function, and significant improvements were seen in the frequency of their IPF-associated cough as well. In addition, improvements in patient-reported measures of cough severity and quality of life were observed. Ifenprodil was also confirmed to be safe and well-tolerated in the study.
VZ

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07:12 EST Verizon announces CEO of Verizon Consumer Group has stepped down - Verizon Communications announced that Manon Brouillette, CEO of Verizon Consumer Group, has stepped down from the role she has held since January 2022. Verizon Chairman and CEO Hans Vestberg has assumed responsibility for leading the Consumer Group in addition to his day-to-day responsibilities.
PEP

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07:12 EST PepsiCo announces new global packaging goal - PepsiCo announced a global packaging goal intended to double the percentage of all beverage servings it sells delivered through reusable models from 10%-20% by 2030. This ambition is part of PepsiCo Positive, the company's strategic, end-to-end business transformation that puts sustainability and people at the center of how the company will create growth and value.
LNTH

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07:12 EST Lantheus announces proposed offering of $500M convertible senior notes - Lantheus Holdings announced that it intends to offer, subject to market conditions and other factors, $500 million in aggregate principal amount of the Company's convertible senior notes due 2027. The Notes are to be offered and sold only to persons reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, as amended. The Company also expects to grant the initial purchasers of the Notes an option to purchase, within the 13-day period beginning on, and including, the initial closing date of the offering, up to an additional $75 million in aggregate principal amount of Notes. The Notes will be senior unsecured obligations of the Company. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Lantheus Medical Imaging, Inc., a direct wholly owned subsidiary of the Company. The Notes will mature on December 15, 2027, unless earlier redeemed, repurchased or converted. The Notes are expected to pay interest semi-annually in arrears. Prior to the close of business on the business day immediately preceding September 15, 2027, the Notes may be converted at the option of the holders only upon occurrence of specified events and during certain periods, and thereafter until the close of business on the business day immediately preceding the maturity date, the Notes may be converted at any time. The Company will satisfy any conversion by paying cash up to the aggregate principal amount of the Notes to be converted and by paying or delivering, as the case may be, cash, shares of the Company's common stock, or a combination of cash and shares of the Company's common stock, at its election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the Notes being converted. The Company may redeem for cash all or any portion of the Notes, at its option, on or after December 22, 2025 if the closing sale price per share of the Company's common stock exceeds 130% of the conversion price of the Notes for a specified period of time. The redemption price will be equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. The interest rate, the initial conversion rate and the other terms of the Notes will be determined upon pricing of the offering by negotiations between the Company and the initial purchasers of the Notes. The Company's board of directors has authorized the repurchase of up to $150 million in aggregate amount of its common stock under certain circumstances. The Company expects to use up to $75 million of the net proceeds from the offering of the Notes to repurchase shares of its common stock from purchasers of Notes in this offering in privately negotiated transactions effected with or through one of the initial purchasers or its affiliate. These repurchases could increase, or prevent a decrease in, the market price of the Company's common stock or the Notes concurrently with the pricing of the Notes, and could result in a higher effective conversion price for the Notes. The Company intends to use the remainder of the net proceeds from the offering of the Notes for general corporate purposes, including other repurchases of its common stock from time to time in an amount up to $75 million, working capital, capital expenditures, refinancing or repaying debt, payments related to the previously announced license and collaboration agreements with POINT Biopharma Global Inc. and with an affiliate thereof if the transactions contemplated by such agreements are consummated, potential acquisitions and strategic transactions.
SNDX INCY

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07:11 EST Syndax, Incyte report axatilimab Phase 1/2 data - Syndax Pharmaceuticals (SNDX) and Incyte (INCY) announced that results from the Phase 1/2 trial of axatilimab, Syndax's anti-CSF-1R antibody, in patients with recurrent or refractory chronic graft-versus-host disease following two or more prior lines of therapy, were published in the Journal of Clinical Oncology. A total of 40 patients with refractory disease who received a median of four prior systemic therapies, some of which included ibrutinib, ruxolitinib and belumosudil, were treated in the Phase 1/2 dose escalation trial. Thirty-nine patients were evaluable for response as of the data cutoff. All study participants were treated for a median duration of 29 weeks, with all responding patients treated for a median duration of 38 weeks at the time of data cut-off. Results showed: Overall response rate by cycle 7 day 1 was 82% in the Phase 2 cohort and 67% among all evaluable patients treated in the dose escalation study. Best ORR observed at any point during the study in all patients treated was 69%. Median duration of response for Phase 2 responding patients was not reached; 33% of patients experiencing sustained response lasting 20 weeks or longer. A decrease in glucocorticoids doses was observed in 52% of responding patients. Responses were observed across a range of organ systems with difficult to treat manifestations such as lung, skin, and joints and fascia. A clinically meaningful disease improvement using the Lee Symptom Score of at least 7 points was seen in 58% of all evaluable patients. Axatilimab was well tolerated with a favorable safety profile in this refractory population. The most common adverse events were consistent with on-target effects of CSF-1R inhibition. In the Phase 1 cohort, two dose limiting toxicities were reported, both at the 3 mg/kg every two weeks dose. There were no greater than or equal toGrade 3 on-target toxicities of CSF-1R blockade seen in the Phase 2 cohort. There was no incidence of cytomegalovirus or other viral reactivation, and no apparent increases in risk for infection. Serious adverse events occurred in 40% of patients, with seven patients discontinuing the study intervention due to adverse events, four of which were deemed treatment-related.
DNLI

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07:11 EST Denali Therapeutics announces DNL343 interim Phase 1b data in ALS - Denali Therapeutics announced interim results from a Phase 1b study of its eIF2B agonist, DNL343, in participants with amyotrophic lateral sclerosis. Once-daily oral dosing with DNL343 for 28 days was generally well tolerated and demonstrated extensive BBB penetration as well as robust inhibition of biomarkers associated with the integrated stress response in blood samples from study participants. By inhibiting the ISR pathway, DNL343 is intended to prevent or slow disease progression associated with stress granule formation and TDP-43 aggregation, a hallmark pathology present in nearly all individuals with ALS. Denali also announced initiation of the design phase of a Phase 2/3 study for entry into the HEALEY ALS Platform Trial led by the Sean M. Healey & AMG Center for ALS at Massachusetts General Hospital in collaboration with the Northeast ALS Consortium. "These initial Phase 1b results with DNL343 in ALS are consistent with our previously reported Phase 1 healthy volunteer data and are an important milestone for the program," said Carole Ho, M.D., Chief Medical Officer at Denali. "The data continue to support late-stage development plans for DNL343, and we are excited to be collaborating with the HEALEY ALS Platform Trial team in our unified effort to advance potential treatment options for people living with ALS."
ARDS

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07:11 EST Aridis signs deal for commercial licenses for pan-Ebola, pan-Marburg programs - Aridis Pharmaceuticals signed an exclusive term sheet to secure international development and global commercial rights upon licensure for the pan-Ebola and pan-Marburg monoclonal antibody programs from Mapp Biopharmaceutical. Aridis and MappBio have committed to work exclusively with each other to expeditiously complete definitive licensing agreements MappBio's pan-Ebola and pan-Marburg mAb programs are currently in Phase 1 clinical studies and both products have shown best-in-class protection against live virus challenges in non-human primates. The Strategic National Stockpile is a federally funded program that acquires, stores, and distributes medical countermeasures in the event of a public health emergency. The pan-Ebola program, MBP134, is a two mAb cocktail that has demonstrated effectiveness against Sudan virus, Zaire Ebola virus, Bundibugyo virus, Tai Forest virus, Reston virus and Bombali ebolavirus in laboratory studies to date, suggesting it has potential to serve as a broad-spectrum Ebolavirus countermeasure. MBP134 fully protected non-human primates from lethal Sudan Ebola virus challenge and is currently in Phase 1 studies in healthy adults. MappBio was recently awarded $110 million by BARDA to further advance the program, including the development of a lyophilized formulation of MBP134 in order to reduce the need for cold-chain storage and improve its transportability. The funding under this new award covers activities necessary to request regulatory approval of MBP134, including support for manufacturing, efficacy and safety evaluations, and regulatory submissions. MBP134 is the first SUDV therapeutic in BARDA's portfolio. MBP134 is eligible for a Priority Review Voucher. MBP091 is a single human mAb that is being developed as an anti-Marburg virus therapeutic for the treatment of hemorrhagic fevers caused by Marburg virus disease and it has also been shown to be active against the closely related Ravn virus. MBP091 has been evaluated in numerous preclinical experiments and has demonstrated the ability to neutralize Marburg virus in vitro and fully protect from lethal challenge of Marburg in vivo. A Phase 1 clinical study evaluating the safety and pharmacokinetics of MBP091 in healthy adults is underway. MappBio was recently awarded $80 million in funding from BARDA to continue to advance the development of MBP091 towards licensure. The funding under this new award covers activities necessary to request regulatory approval of MBP091. MBP091 is the first Marburg virus therapeutic in BARDA's portfolio. MBP091 is eligible for a Priority Review Voucher.
CROJF

Hot Stocks

07:10 EST Marimaca Copper reports results from northern MOD infill drilling - Marimaca Copper announces further results from the 2022 infill drilling campaign. The results further improve confidence in the newly identified higher-grade centres located in the northern Marimaca Oxide Deposit, MOD, which were intersected in previously reported drill holes from the 2022 campaign. Sergio Rivera, VP Exploration of Marimaca Copper, commented: "The infill drilling results from Marimaca continue to provide positive surprises and we are very pleased with the current results... The current results provide additional support to the exceptional results released on 21 November 2022, and have further improved our interpretation of the geology and confidence in continuity of the copper mineralization. Most importantly, both sets of results demonstrate upside to the previously interpolated grades from our 2022 MRE for the northern MOD as we prepare for our final updated resource in early 2023..."
LGND

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07:10 EST Ligand CEO John Higgins retires - Ligand announced that John Higgins has retired as CEO, effective immediately, and that the company's board of directors has named Todd Davis as CEO. Higgins will resign as a director of the company on December 31. Davis is currently a member of Ligand's board of directors and is Managing Partner of RoyaltyRx Capital, a special opportunities investment firm he founded in 2018.
RDHL

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07:08 EST RedHill Biopharma's Aemcolo granted FDA QIDP 5-year exclusivity extension - RedHill Biopharma announced that the U.S. FDA's Exclusivity Board has granted Aemcolo five years' exclusivity under the Generating Antibiotic Incentives Now Act Qualified Infectious Disease Product designation, in addition to the five years' data exclusivity granted as a new chemical entity for the treatment of travelers' diarrhea caused by non-invasive strains of Escherichia coli in adults.
ALLE

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07:08 EST Allegion announces Kirk Hachigian as Chairman - The board of directors of Allegion has elected Kirk S. Hachigian as its next chairman, effective Jan. 1 . Hachigian has served as a member of the board since Allegion became a standalone company in 2013, and will succeed David D. Petratis, who is retiring from the role as of Dec. 31. Currently, Hachigian serves as the board's lead director - a position he's held for the majority of his nine-year tenure. He also chairs the board's Corporate Governance and Nominating Committee, a role he will keep as chairman of the board. In addition to Allegion, Hachigian serves on the board of directors at Paccar Inc. and NextEra Energy, Inc. He previously served as chairman of the board at JELD-WEN and was a board member at Cooper Industries Plc. as well as Trane Inc. At JELD-WEN and Cooper Industries, Hachigian also held the roles of president and CEO, lending to his successful track record of creating value for shareholders.
ODFL

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07:08 EST Old Dominion reports November revenue per day up 7.3% - Old Dominion reported certain less-than-truckload, or LTL, operating metrics for November. Revenue per day increased 7.3% as compared to November 2021 due to an increase in LTL revenue per hundredweight that was slightly offset by an 8.6% decrease in LTL tons per day. The change in LTL tons per day was attributable to a 7.3% decrease in LTL shipments per day and a 1.4% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight, excluding fuel surcharges, increased 17.3% and 8.6%, respectively, as compared to the same period last year.
FWBI

Hot Stocks

07:07 EST First Wave announces initial clinical sites for Phase 2 trial of adrulipase - First Wave BioPharma announced that it has selected the initial clinical trial sites for its planned Phase 2 clinical trial to evaluate an enhanced enteric microgranule delivery formulation of adrulipase as a treatment for exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis. Based on anticipated regulatory and clinical trial activities, First Wave BioPharma expects to report topline data from the Phase 2 trial by mid-2023. In coordination with its contract research organization partner, Rho, First Wave BioPharma has secured cooperation from the following investigators and research centers: Dr. Steven Boas, M.D. Cystic Fibrosis Institute and Cystic Fibrosis Center of Chicago Northfield, IL; Dr. Daniel Layish, M.D. Central Florida Pulmonary Group Orlando, FL; Dr. Craig Nakamura, M.D. Children's Lung Specialists Las Vegas, NV. "We believe that our reformulation of adrulipase offers the potential to provide a dramatically improved treatment option for EPI patients," said James Sapirstein, President and CEO of First Wave BioPharma. "We look forward to proceeding with this important trial."
CSIQ

Hot Stocks

07:06 EST Canadian Solar signs 256 MW solar module contract with SOLA Group - Canadian Solar announced that its majority-owned subsidiary, CSI Solar Co., Ltd., signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements. The two solar projects are 126 MWp and 130 MWp each in size, located in South Africa's North West Province. Both projects are developed and will be operated by SOLA Group and its partners. Construction started in October 2022, and commercial operation is planned for the first quarter of 2024. These two solar power projects cover an area of approximately 430ha. Once in operation, they are estimated to generate approximately 580 GWh of clean, renewable electricity every year, equivalent to powering 40,000 households and reducing 595 tons CO2 emissions each year.
BWMN

Hot Stocks

07:06 EST Bowman Consulting purchases of H2H Geoscience Engineering, no terms - Bowman Consulting Group announced the purchase of H2H Geoscience Engineering, a Troy, New York based professional services firm that is focused on the aggregate, cement and industrial minerals industries. H2H also specializes in the collection of detailed 3D measurements and images using state-of-the-art aerial, marine-based, underground, and terrestrial survey mapping technologies. "The acquisition of H2H will expand our mine consulting and geospatial capabilities as well as extend our service verticals to the transportation and infrastructure market," said Gary Bowman, CEO of Bowman. "Their depth of expertise serving the aggregate, cement and industrial minerals mining industries will position us to capitalize on the backlog of transportation and infrastructure spending coming in 2023 and beyond. We were also attracted by their extensive experience in sophisticated underwater imaging, hydrographic surveying, and the unique collection of advanced marine mapping technologies they have assembled. Considering the complementary services which they provide and the skillsets they possess, we have the ingredients for an exceptionally synergistic acquisition. Having already worked together on projects prior to the acquisition, we have a head start on integrating our services which allows us to increase focus on cross selling to our clients." The Company expects the H2H acquisition to contribute approximately $3.5M of annualized net service billing before revenue synergies and be immediately accretive. The acquisition was financed with a combination of cash and seller notes, including a convertible note. More detailed information on M&A activities, pipeline, and guidance updates will be provided in connection with scheduled quarterly and annual communications.
TNXP

Hot Stocks

07:05 EST Tonix announces collaboration with Boston Children's Hospital for TNX-15001 - Tonix Pharmaceuticals announced that it has entered into a sponsored research agreement with Boston Children's Hospital to study TNX-15001 for the prevention of graft-versus-host disease after hematopoietic stem cell transplantation in animals. The primary objective of the preclinical research study is to study the activity of TNX-1500 administered prophylactically to modify GvHD progression in animals after HCT to support an Investigational New Drug application for human studies. A Phase 1 study of TNX-1500 to assess pharmacokinetics and tolerability is expected to start in the first half of 2023. Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals said, "Stem cell transplantation is an essential component of the treatment of several blood cell or hematologic cancers, but GvHD remains the most deadly complication, and limits the success of this otherwise life-saving treatment. To date, there has not been a humanized anti-CD40L antibody that can effectively prevent transplant rejection or GvHD with acceptable levels of tolerability. TNX-1500 is a third generation anti-CD40L monoclonal antibody that has been designed by protein engineering to decrease FcgammaRII binding and to reduce the potential for thrombosis. We are excited to sponsor this study of testing anti-CD40L in HCT to potentially replace cyclophosphamide in the post-transplant setting. A positive result would potentially support an IND and human studies."
IRAA

Hot Stocks

07:05 EST Iris Acquisition, Liminatus Pharma enter business combination agreement - Liminatus Pharma and Iris Acquisition Corp announced they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company will be renamed "Liminatus Pharma, Inc." The combined company's common stock is expected to be listed on the Nasdaq Capital Market. The transaction funding includes commitments for a $15M common stock PIPE financing and a $25M convertible note financing to further support Liminatus' business growth strategy. As part of the agreement the new entity is expected to develop three much-needed cancer treatments which have originated from the Thomas Jefferson University in the US and a South Korean biotech firm, InnobationBio Ltd. The lead product candidate, the GCC Vaccine is currently in Phase II clinical trials and is designed to elicit immune responses against colorectal, pancreatic, gastric, and esophageal cancers that express Guanylyl Cyclase C. Further to the work in this area, Liminatus expects to use the increased capital from this agreement to progress its GCC CAR-T therapy to a first in human clinical trial, and complete IND enabling studies for its next generation CD47 immune checkpoint inhibitor. In the program CD47 immune checkpoint inhibitor, GenScript ProBio provided the CMC service of antibody drug development for InnobationBio.
AMYT

Hot Stocks

07:04 EST Amryt Pharma announces EC approves Mycapssa for treatment of acromegaly - Amryt announces the European Commission, EC, approval of Mycapssa in the European Union, EU, for the maintenance treatment of acromegaly in patients who have responded to and tolerated treatment with octreotide or lanreotide. The centralized marketing authorisation will be valid in all EU Member States as well as in Iceland, Liechtenstein, and Norway. The EC approval of Mycapssa is supported by efficacy and safety data from three Phase 3 studies in acromegaly patients including the pivotal MPOWERED Phase 3 trial. Dr Joe Wiley, CEO of Amryt Pharma, commented: "The EC approval of Mycapssa(R) is a significant development for acromegaly sufferers in Europe and Mycapssa will be the first and only oral somatostatin analog approved in the EU."
ANPC

Hot Stocks

07:03 EST AnPac Bio to establish wholly-owned subsidiary for U.S. market - AnPac Bio-Medical Science announced that the Company has formed a wholly-owned subsidiary Fresh2 Technology Inc in the State of Delaware on October 4, 2022 in order to establish the company's new product line of business-to-business food trade and delivery platform for local restaurants and supermarkets, a combination of the China's food distribution strategies and North America's growing Asian food market.
BRTX

Hot Stocks

07:03 EST BioRestorative enters agreement with Regenexx, granted exclusive license rights - BioRestorative Therapies announced an agreement with Regenexx pursuant to which the license rights granted by Regenexx to the Company for intellectual property developed to address chronic lumbar disc disease have been made exclusive. The intellectual property now exclusively licensed to the Company represents important technological framework for BRTX's disc/spine technology related to the Company's BRTX-100 lead clinical program, currently in a Phase 2 trial with approximately 15 sites selected across the United States. "This is an important event for BioRestorative. We are thrilled to now have through this agreement an exclusive license with regard to Regenexx's technology," said Lance Alstodt, Chief Executive Officer at BioRestorative. "With this agreement, coupled with our unique in-house research and manufacturing capabilities, we aim to create a new generation of cell-based products to induce long-term and sustained pain relief for patients suffering from musculoskeletal indications. Approximately $40 billion is spent annually on invasive surgical procedures. With BRTX-100, the Company is seeking to provide a paradigm shifting, non-invasive solution to millions of patients worldwide."
ANPC

Hot Stocks

07:02 EST AnPac Bio announces plan of $5M private placement - AnPac Bio-Medical Science announced that the Company has reached a mutual understanding with nine investors. The investors will subscribe for and purchase from the Company through a private placement a total of 28,571,428 newly issued Class A ordinary shares of the Company at a price of $3.5 per ADS, US$0.175 per ordinary share, for a total purchase price of $5 million. The transaction is subject to customary closing conditions and the closing is expected to take place within 3 months after this announcement. Concurrently, for each Class A ordinary share purchased, the investors will receive from the Company two unregistered warrant, for an aggregate of 57,142,856 warrants. The warrants are exercisable within 2 years from the date of issuance and have an exercise price of $4.2.
WBS

Hot Stocks

07:01 EST Webster Financial to acquire interLINK, terms not disclosed - Webster Financial announced that its principal bank subsidiary, Webster Bank, N.A., has signed a definitive agreement to acquire StoneCastle Insured Sweep, LLC (d/b/a interLINK), a subsidiary of StoneCastle Partners. interLINK is a technology-enabled deposit management platform administering over $9B of deposits from FDIC-insured cash sweep programs between banks and broker/dealers and clearing firms. interLINK leverages highly scalable technology, generating significant liquidity at minimal operating cost. Under the agreement, interLINK will continue to operate and serve its broker/dealer and clearing firm clients as it does today. Financial terms of the transaction were not disclosed. The transaction is expected to close in the first quarter of 2023.
PLX

Hot Stocks

06:52 EST Protalix, Chiesi Global Rare Diseases announce FDA acceptance of PRX-102 BLA - Protalix and Chiesi Global Rare Diseases, a business unit of the Chiesi Group established to deliver innovative therapies and solutions for people affected by rare diseases, announced that the FDA has accepted the resubmitted Biologics License Application, or BLA, for pegunigalsidase alfa, or PRX-102, for the proposed treatment of adult patients with Fabry disease. Pegunigalsidase alfa is a purposefully-designed, long-acting recombinant, PEGylated, cross-linked a-galactosidase-A investigational product candidate. The FDA indicated in the BLA filing communication letter that the resubmitted BLA was considered a complete, class 2 response and set an action date of May 9, 2023, under the Prescription Drug User Fee Act.
HNHPF

Hot Stocks

06:48 EST Foxconn 'gradually moving' toward restoring normal production capacity - The company said, "Since the outbreak of the epidemic in October, we have been in close contact and cooperation with the local government and customer. In compliance with the official epidemic prevention policy, safeguarding employees' health and ensuring safe production has always been the primary operating principle that the company adheres to. We are making every effort to protect the rights and interests of employees, so that current employees and new hires receive the best care to get through this epidemic together. At present, the overall epidemic situation has been brought under control with November being the most affected period by the epidemic. In addition to re-allocating production capacity of different factories,we have also started to recruit new employees, and are gradually moving toward the direction of restoring production capacity to normal. The outlook for the fourth quarter is expected to be roughly in line with the market consensus." The company also reported November revenue down 11.4% year-over-year. Reference Link
DIN

Hot Stocks

06:47 EST NRD Capital to Sell Fuzzy's Taco Shop to Dine Brands for $80M - NRD Capital Management, a private capital firm headquartered in Atlanta, is pleased to announce that Fuzzy's Taco Shop, a portfolio company of its Experiential Brands platform, has entered into a definitive agreement with Dine Brands Global, for a purchase price of $80M dollars.
BR

Hot Stocks

06:46 EST Broadridge appoints Martin Koopman as chief product officer - Broadridge announced the appointment of Martin Koopman as chief product officer, effective January 1, 2023. In this role, Martin will lead the product management team working across all business units to collectively drive Broadridge's delivery of SaaS and other service offerings to leading financial services clients. He will be responsible for Broadridge's enterprise product vision and strategy, building enterprise-wide platforms to benefit Broadridge clients, empowering product management teams, and accelerating innovation in partnership with our technology teams.
MKTX

Hot Stocks

06:44 EST MarketAxess reports November total credit ADV of $13.1B, up 25% y/y - Record $13.1B in total credit average daily volume, representing a 25% increase compared to the prior year and surpassing the previous record set in March 2021.
DFFN

Hot Stocks

06:42 EST Diffusion Pharmaceuticals urges shareholders to vote for six board nominees - Diffusion Pharmaceuticals sent a letter to its stockholders. The letter highlights the strength, experience and quality of the company's board of directors as it continues to take steps to unlock stockholder value through a strategic review process. The letter also summarizes the value-destructive acquisition offer presented by LifeSci Capital on behalf of a purported client, the dismal track record of LifeSci Capital and its many affiliates in the biopharmaceutical space, and LifeSci-affiliated funds' recent nomination of an unqualified dissident slate of nominees for election as directors at the company's 2022 Annual Meeting of Stockholders. "Diffusion has a highly engaged and independent board that possesses the right skills and experience to execute the strategic review process. Diffusion received bids from more than 15 companies participating in review process. LifeSci invited to participate in review process on same terms as all other bidders following submission of client's unsolicited offer, but LifeSci instead chose to launch a proxy contest against our highly qualified board. LifeSci's track record demonstrates a highly troubling pattern of self-dealing and stockholder value destruction, including more than $1.3 billion of stockholder losses in recent SPAC transactions. Diffusion's board and management are fully committed to maximizing value for all stockholders through the completion of the strategic review process, notwithstanding LifeSci's self-serving attempts to disrupt the process Diffusion urges stockholders to vote 'FOR' each of the Board's six nominees for director on your WHITE proxy card."
LILM

Hot Stocks

06:39 EST Lilium announces contract with eVolare - Lilium announced a contract with eVolare, a subsidiary of Volare Aviation, one of the United Kingdom's largest helicopter and private jet operators. This partnership includes a firm commitment for ten Lilium Pioneer Edition Jets, with an option to reserve an additional ten Lilium Pioneer Edition Jets. eVolare will be Lilium's lead partner and launch operator in the UK for sales of the Lilium Jet to private individuals.
HLVX

Hot Stocks

06:37 EST HilleVax reports results from ongoing Phase 2b trial of HIL-214 - HilleVax reported results from a prespecified immunogenicity analysis of the 203 subjects enrolled in the run-in cohort of NEST-IN1, the company's ongoing Phase 2b trial for HIL-214, its investigational virus-like particle based vaccine candidate for the prevention of moderate-to-severe norovirus-related acute gastroenteritis in infants. These results follow the previously announced positive recommendation from an independent safety data monitoring committee based on this same cohort. Immunogenicity Results: Geometric Mean Titers of pan-IG antibodies 28 days following the second dose were 11,102.0 IU/mL and 2,185.5 IU/mL for GI.1 and GII.4, respectively, for HIL-214 compared to 59.6 IU/mL and 73.5 IU/mL for GI.1 and GII.4, respectively, for placebo. These titers corresponded to a Geometric Mean Fold Rise versus baseline of more than 18-fold for HIL-214. Seroresponse rates for HIL-214, defined in NOR-212 as the percentage of subjects with at least a 4-fold increase in pan-Ig antibody titers 28 days following the second dose compared to pre-vaccination baseline, were 99.0% for GI.1 and 86.9% for GII.4. SRRs for placebo were 4.1% and 3.1% for GI.1 and GII.4, respectively. "We are very pleased with the immunogenicity results from the NEST-IN1 run-in cohort which were consistent with our expectations based on previous studies of HIL-214 given to infants," said Rob Hershberg, MD, PhD, Chairman and CEO of HilleVax. "We now look forward to the full NEST-IN1 topline safety and efficacy data which remain on-track for the second half of 2023."
WTT

Hot Stocks

06:37 EST Wireless Telecom to sell CommAgility to E-Space - E-Space announced it entered into a definitive agreement to acquire CommAgility from the Wireless Telecom. CommAgility is the largest stand-alone developer of embedded signal processing and Radio Frequency, or RF, modules, with its own LTE PHY/stack source code for commercial grade 4G and 5G mobile networks, air-to-ground, satellite communications and related applications. Integrating CommAgility's custom 3GPP 5G NTN source code into E-Space's vertically integrated capabilities will enable E-Space to accelerate 5G NTN, 5G-Advanced and 6G innovation, speed its satellite payload and customer use case development and continuously advance its space-based connectivity solutions. The transaction, which is expected to be completed no later than January 31, 2023, is subject to customary closing conditions, including regulatory approvals. Upon completion, E-Space will add 50 full-time CommAgility employees, inclusive of key management. The new team members are located in Europe, with some based in Leicestershire, UK and the majority based in Duisberg, Germany.
TFFP

Hot Stocks

06:35 EST TFF Pharmaceuticals announces CEO Glenn Mattes to step down - TFF Pharmaceuticals announced that Glenn Mattes will step down as CEO and Member of the Board of Directors. Dr. Harlan Weisman, Vice Chairman of the Board, has been appointed Interim CEO, effective December 5. Harlan F. Weisman, M.D. has more than 30 years of experience as a senior healthcare executive responsible for the discovery, development, regulatory approval and launch of pharmaceutical, biopharmaceutical, medical device and diagnostic products. He is currently Managing Director of And-One Consulting, LLC, advising medical product companies, investment firms, and government and non-government healthcare organizations in formulating and implementing strategies for driving innovation in healthcare products and services.
HUT...

Hot Stocks

06:35 EST Hut 8 Mining increases Bitcoin holdings by 238 in November - Hut 8 Mining increased its Bitcoin holdings by 238 in the period ending November 30, bringing total self-mined holdings to 8,925 Bitcoin. 238 Bitcoin were generated, resulting in an average production rate of approximately 7.9 Bitcoin per day. Keeping with its longstanding HODL strategy, 100% of the self-mined Bitcoin in November were deposited into custody. Total Bitcoin balance held in reserve as of November 30 is 8,925. Installed ASIC hashrate capacity improved to 3.27 EH/s, of which 2.44 EH/s was available for operations following the suspension of mining activities at the North Bay mining facility; both metrics exclude certain legacy miners that are set to be fully replaced by the end of the year 2,000 new MicroBT Whatsminer 30S++/+ were installed in our Medicine Hat mining facility.
WTT

Hot Stocks

06:32 EST Wireless Telecom sells CommAgility LTD to E-Space for $14.5M - Wireless Telecom Group announced it entered into a definitive agreement to sell its radio, baseband and software segment, CommAgility LTD., to global space company, E-Space. The purchase price is $14.5M, inclusive of $13.75M in cash consideration and a $750,000 note payable, subject to agreed-upon reductions. The transaction was the result of the company's previously disclosed process for evaluating strategic alternatives. The Purchase Agreement includes customary terms and conditions, including certain adjustments to the purchase price based on transaction costs, net working capital and indebtedness. The transaction, which was unanimously approved by the Board of Directors of both companies, is subject to various terms and conditions, including customary closing conditions. The transaction, which is expected to be completed no later than January 31, 2023, is subject to customary closing conditions, including regulatory approvals. As a result of this transaction, Wireless Telecom Group is now comprised solely of Test & Measurement brands including Boonton, Holzworth and Noisecom. Wireless Telecom Group continues to explore strategic alternatives for the company to enhance value for shareholders. No timetable has been set for the Company's process. Wireless Telecom Group does not expect to comment further or update the market with any additional information on the process unless and until its Board of Directors has approved a specific transaction or otherwise deems disclosure appropriate or necessary. There is no assurance that continuing to pursue strategic alternatives will result in Wireless Telecom Group further changing its current business plan, pursuing a particular transaction or completing any such transaction.
PTEN

Hot Stocks

06:14 EST Patterson-UTI reports an average of 131 drilling rigs operating in November - Patterson-UTI reported that for the month of November, the company had an average of 131 drilling rigs operating in the United States. For the two months ended November 30, the company had an average of 131 drilling rigs operating in the United States.
PFDR

Hot Stocks

06:08 EST FP Credit Partners II offers to buy 7.5M Class A Ordinary shares of Pathfinder - FP Credit Partners II, L.P. and FP Credit Partners Phoenix II, L.P. have commenced a cash tender offer to purchase up to an aggregate of 7.5M Class A Ordinary shares, $0.0001 par value per share, of Pathfinder Acquisition Corporation, a Cayman Islands Exempted company incorporated with limited liability, at a price of $10.00 in cash per Class A Share, without interest on the purchase price and less any applicable withholding taxes. Each of the Class A Shares was sold, together with one-fifth of one redeemable warrant exercisable for one Class A Share, as part of the units issued in the company's initial public offering pursuant to a prospectus dated February 16, 2021. Beginning on April 9, 2021, holders of the units sold in the Company's initial public offering were able to elect to separate the units into their component parts and begin trading the Class A Shares and warrants separately.
VOD

Hot Stocks

06:08 EST Vodafone Group CEO Nick Read to step down - Vodafone Group announces that Nick Read has agreed with the Board that he will step down as Group Chief Executive and as a Director of Vodafone on 31 December 2022, following which he will be available as an adviser to the Board until 31 March 2023. Margherita Della Valle has been appointed interim Group Chief Executive. She will accelerate the execution of the Company's strategy to improve operational performance and deliver shareholder value. In addition to being appointed interim Group Chief Executive, Margherita Della Valle will also continue as Group CFO. The Board has initiated a process to find a new Group Chief Executive.
CYD

Hot Stocks

06:06 EST China Yuchai announces end-use check conducted on GYMCL - China Yuchai announced an end-use check has been conducted on its subsidiary, Guangxi Yuchai Machinery, or GYMCL, by the U.S. Department of Commerce. As at the date of this announcement, GYMCL's business continues to operate normally with no major supply chain impact. The company will make further announcements as and when appropriate in the event of any further material development on the matter.
MAXR

Hot Stocks

06:05 EST Maxar Technologies: NOAA modifies Maxar's remote sensing license - Maxar Technologies announced that the National Oceanic and Atmospheric Administration has modified Maxar's remote sensing license to enable the non-Earth imaging capability for its current constellation on orbit as well as its next-generation WorldView Legion satellites. Through this new license authority, Maxar can collect and distribute images of space objects across the Low Earth Orbit, the area ranging from 200 kilometers up to 1,000 kilometers in altitude, to both government and commercial customers. Maxar's constellation is capable of imaging objects at less than 6 inch resolution at these altitudes, and it can also support tracking of objects across a much wider volume of space. Taken together, these capabilities can provide customers with accurate information to assist with mission operations and help address important Space Domain Awareness and Space Traffic Management needs.
IDYA

Hot Stocks

06:04 EST Ideaya Biosciences granted fast track designation for darovasertib - Ideaya Biosciences announced that the FDA has granted fast track designation to Ideaya's development program investigating darovasertib, a potential first-in-class protein kinase C, or PKC, inhibitor, for use in combination with crizotinib, an investigational cMET inhibitor, for the treatment of adult patients with metastatic uveal melanoma.
IMRN

Hot Stocks

06:03 EST Immuron submits IND application for Travelan to FDA - Immuron is pleased to announce that it has submitted an Investigational New Drug application to the U.S. FDA for Travelan. The Phase II clinical trial will evaluate the efficacy of a single dose regimen of Travelan in a controlled human infection model using the enterotoxigenic Escherichia coli strain H10407. The clinical study aims to enrol up to 60 healthy adult subjects each will be randomly assigned to receive either a once-daily dose of 1200 mg of Travelan or placebo. Immuron is the sponsor of the IND, and the clinical study will be conducted by the Contract Research Organisation Pharmaron CPC at its FDA inspected clinical research facility located in Baltimore, Maryland in the USA . Dr. Mohamed Al-Ibrahim, MB, ChB, FACP will be the Principal Investigator for the study with recruitment planned to commence in 1H 2023 subject to FDA approval with headline results from the clinical trial expected to be reported by year end 2023.
KBR SHEL

Hot Stocks

06:02 EST KBR awarded contract to design offshore energy storage for CrossWind - KBR (KBR) announced it has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture, or JV, between Shell (SHEL) and Dutch utility company, Eneco. KBR will perform a front-end engineering design of the baseload power hub, or BLPH, for the Hollandse Kust wind farm located offshore Netherlands. KBR and Shell will design and develop facilities that integrate lithium-ion battery storage and green hydrogen electrolysis production at megawatt scale. The design will enable hydrogen production and electricity storage in periods of high-power production and will convert hydrogen to electricity, via a fuel cell, during periods of lower power production.
DIN

Hot Stocks

06:01 EST Dine Brands to acquire Fuzzy's Taco Shop for $80M in cash - Dine Brands announced that it has agreed to acquire Fuzzy's Taco Shop from Experiential Brands LLC, a wholly owned subsidiary of NRD Holding Company, for $80M in cash. Fuzzy's is a fast-casual restaurant concept serving Mexican favorites with a Baja twist. The transaction is expected to be immediately accretive to earnings. Net of tax benefits, the purchase price is approximately $70M. Fuzzy's, with 138 restaurants in 18 states, has long-term development agreements currently in place to nearly double its current restaurant base over time. 98% of Fuzzy's current system is franchised and its strong unit economics attract franchisees to open more restaurants. The brand is expected to generate approximately $230M in systemwide sales in 2022.
MXCT

Hot Stocks

05:20 EST MaxCyte, Curamys announce SPL for cell and gene therapies - MaxCyte and Curamys announced the signing of a strategic platform license, or SPL. Under the terms of the agreement, Curamys obtains non-exclusive clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte is entitled to receive platform licensing fees and program-related revenue. Curamys is focused on developing treatments for genetic and degenerative diseases through its specialized cell fusion technology, based on the concept that apoptotic or dying cells can be regenerated by fusing them with healthy normal cells. Cell fusion technology can function as a form of gene therapy when the normal copies of genes existing in treatment cells are transferred to dying cells, resulting in the development of a treatments for genetic and rare intractable diseases at the cellular level.
COE

Hot Stocks

05:15 EST China Online Education announces one-for-four reverse ADS split - 51Talk Online Education announced that the company will change the ratio of its American depositary shares, or ADSs, to Class A ordinary shares from one ADS representing 15 Class A ordinary shares to one ADS representing 60 Class A ordinary shares. The intention of the ADS ratio change is to prepare the company for a contemplated transfer of the listing of its ADSs from the New York Stock Exchange to the Nasdaq Capital Market. The management of the company believes that the Nasdaq Capital Market is a more suitable listing venue to reflect the shift of the company's business focus from China's K-12 online education market to the emerging international K-12 online education market. For the company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-four reverse ADS split.
FSM

Hot Stocks

05:08 EST Fortuna Silver Mines provides update on Seguela gold Project - Fortuna Silver Mines provided an update on its exploration program at the Seguela gold Project located in Cote d'Ivoire. Sunbird's new resource estimation is in addition to Seguela's current Mineral Reserves of 12.1 Mt averaging 2.80 g/t Au containing 1.09 Moz. Exploration drilling at Sunbird since the release of the maiden Inferred Mineral Resource has resulted in an upgraded estimate, including a maiden Indicated Mineral Resource of 3.2 million tons at an average grade of 2.74 g/t gold containing 279,000 ounces and an Inferred Mineral Resource of 4.2 million tons at an average grade of 3.74 g/t gold containing 506,000 ounces.