Stockwinners Market Radar for February 27, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

AMD

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20:07 EST Cathie Wood's ARK Investment bought 115K shares of AMD today
RBLX

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20:07 EST Cathie Wood's ARK Investment bought 196K shares of Roblox today
RKLB

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20:06 EST Cathie Wood's ARK Investment bought 155K shares of Rocket Lab today
OMGA

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20:01 EST Omega Therapeutics chairman Afeyan buys $19.2M in common stock - In a regulatory filing, Omega Therapeutics disclosed that the firm of its chairman Noubar Afeyan, Flagship Pioneering, bought 3.3M shares of common stock on February 27th in a total transaction size of $19.2M. Shares of Omega Therapeutics are up 10.6% afterhours at $6.45 per share.
T

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19:47 EST AT&T CFO says demand tracking in line with recent trends - Pascal Desroches, AT&T CFO, spoke today at the Annual Deutsche Bank Media, Internet & Telecom Conference where he provided an update to shareholders. Desroches made the following points: 1) The company continues to focus its efforts on 5G and fiber services by growing customer relationships in a disciplined manner. While the company does not expect wireless industry growth levels to mirror those experienced in 2021 and the first half of 2022, Desroches indicated that demand levels are largely tracking in-line with recent trends. The company continues to add customers thanks to both its consistent go-to-market approach and continued success in targeting subsegments of the market where historically AT&T has underperformed. 2) AT&T remains committed to its strategy of becoming a scaled 5G and fiber provider. Desroches reiterated that he expects capital investment to peak in 2022 and 2023. The company remains on target to reach more than 200 million people with mid-band 5G by the end of the year and expects to pass 30 million-plus consumer and business fiber locations by the end of 2025. While AT&T has not provided annual fiber build targets - largely to maintain a level of flexibility as the market evolves - the company is currently focused on driving steady penetration rates while prudently expanding the company's fiber footprint. 3) Desroches indicated that he expects 2023 free cash flow growth to be supported by wireless and fiber revenue growth as well as benefits from ongoing cost transformation initiatives, which are expected to increasingly support the company's profitability. Similar to 2022, he expects free cash flow to be greater in the back half of the year due to the timing of capital investments and device payments as well as incentive compensation impacts, particularly in the first quarter of the year and moderating throughout the year. 4) Desroches said the company is maintaining a sharp focus on proactively reducing costs and deliberately allocating capital. The company is using free cash flow after dividends to help reduce debt as it seeks to achieve net debt-to-adjusted EBITDA in the 2.5x range by early 2025.
TWLO

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19:21 EST Twilio CEO buys $10.0M in common stock - In a regulatory filing, Twilio disclosed that its CEO Jeff Lawson bought 158K shares of common stock on February 24th in a total transaction size of $10.0M. Shares of Twilio are up 3.9% afterhours at $66.25.
CF

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19:19 EST CF Industries. Lotte Chemical explore JV over clean ammonia - CF Industries Holdings announced that it has entered into a memorandum of understanding with LOTTE CHEMICAL Corporation, South Korea's leading chemical company, that will guide the companies in a joint exploration of clean ammonia production and long-term clean ammonia offtake into South Korea. The MOU establishes a framework for the companies to assess the joint development of and investment in a greenfield clean ammonia production facility in the U.S., including at CF Industries' Blue Point Complex in Louisiana. The companies believe that the U.S. offers considerable advantages for clean ammonia production, including access to plentiful and low-cost natural gas, the regulatory and legal framework in place, and the geology suitable for permanent carbon sequestration. The prospective ammonia facility would leverage carbon capture and sequestration technologies to reduce CO2 emissions from the ammonia production process to a level that meets or exceeds South Korea's clean ammonia requirements.
XOM...

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19:17 EST Aris Water says ExxonMobil added to water reuse agreement - Aris Water Solutions, Inc. (ARIS) announced that ExxonMobil (XOM) has joined Aris's previously announced strategic agreement with Chevron U.S.A. Inc. (CVX) and ConocoPhillips Company (COP) to develop and pilot technologies and processes to treat produced water for potential beneficial reuse opportunities. Together, Aris, ExxonMobil, Chevron, and ConocoPhillips seek to develop cost-effective and scalable solutions of treating produced water for non-consumptive agricultural, alternative power generation and other industrial and commercial applications, the company said. "We are delighted that ExxonMobil is joining our collaborative industry efforts to improve water sustainability management in the Permian Basin by developing and piloting additional opportunities to use produced water outside of the oil and gas industry," said Aris President and CEO Amanda Brock. "By combining the expertise and resources of ExxonMobil, Chevron, and ConocoPhillips with Aris's proven capabilities in water gathering, treatment, and recycling, we can further accelerate beneficial reuse solutions."
ESALY BIIB

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18:31 EST Biogen license application for lecanemab designated for priority review in China - Eisai (ESALY) and Biogen (BIIB) announced that the Biologics License Application for lecanemab, an investigational anti-amyloid beta protofibril antibody, has been designated for Priority Review by the National Medical Products Administration in China. The Priority Review and Approval Procedure was implemented by the NMPA with the aim of accelerating research, development and launch of new medicines that have significant clinical value. Under this Procedure, the assessment period is expected to be shortened. In China, Eisai initiated submission of data for the BLA to the NMPA in December 2022. Eisai initially submitted a package that includes data from the Phase II clinical trial and the top-line data of the large global Phase III Clarity AD study in mild cognitive impairment due to Alzheimer's disease and mild AD with confirmed Abeta accumulation in the brain. Eisai will submit additional data including full data of the Clarity AD study, as directed by the NMPA.
SGLY

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18:10 EST Singularity Future Technology discloses further Nasdaq listing compliance notice - Singularity Future Technology "announced that on February 21, 2023, it received an additional staff determination notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC , advising that it had not received the Company's Form 10-Q for the quarterly period ended December 31, 2022, which served as an additional basis for delisting the Company's securities and that the Nasdaq Hearings Panel will consider the additional deficiency in rendering a determination regarding the Company's continued listing on Nasdaq. The Company has submitted to the Panel a plan to regain compliance with the continued listing requirements and has been granted a grace period to file all the delinquent reports, including the filing of the Form 10-Q for the quarterly period ended December 31, 2022, on or before February 28, 2023."
OCGN

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18:06 EST Ocugen submits investigational NDA with FDA in phase 1 trial of OCU200 - Ocugen "announced that it has submitted an Investigational New Drug application with the FDA to initiate a Phase 1 clinical trial of OCU200, a fusion protein with a distinct mechanism of action (MOA), for the treatment of diabetic macular edema. This regulatory milestone fulfills the Company's commitment to file the IND for OCU200 within the first quarter of 2023. The planned Phase 1 clinical study will assess the unilateral intravitreal administration of OCU200 alone or in combination with an approved anti-VEGF therapy in participants with DME. This is a multicenter, open-label, dose-ranging study with 3 cohorts in the dose-escalation portion of the study and 1 cohort in the combination therapy portion of the study."
GSAT

Hot Stocks

17:45 EST Globalstar announces Spain authorization for terrestrial services - Globalstar announced that Spain has authorized the company to provide complementary terrestrial services, over its mobile satellite spectrum including LTE and 5G compliant services via Band 53/n53. This marks a major step forward in the convergence of satellite and mobile terrestrial services to connect and protect both lives and property globally.
WING

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17:40 EST VP of Wingstop Carona sells $762K in company shares - VP of Wingstop Marisa Carona disclosed in a regulatory filing that she had sold 4,485 shares of company stock at $170.10 per share on February 24, for a total transaction amount of $762,899.
CEAD

Hot Stocks

17:29 EST CEA Industries announces cost saving initiatives - CEA Industries "announced cost saving initiatives that include various operating expense reductions and a reduction in force in response to continued macroeconomic and supply chain challenges. In recent quarters the Company has experienced declining activity due to weakness in the macroeconomic environment of the cannabis market, which is facing increasing competition and declining wholesale prices as consumers become more sophisticated and selective when choosing products. The overall controlled environment agriculture market is also experiencing a fluctuating economy, rising costs, and the fear of recession that is delaying, reducing or eliminating capital projects. Additionally, the Company faces continued supply chain, labor and inflationary issues that are impacting customers' contract decisions and implementation. At this stage, the Company concluded that a workforce reduction and the implementation of operating expense savings were necessary."
CHCI CACI

Hot Stocks

17:28 EST Comstock Holding secures two 10-year lease agreements - Comstock Holding (CHCI) announced that it has secured two 10-year lease agreements with CACI (CACI) and The Applied Research Laboratory at Penn State in the Commerce District of Reston Station on behalf of Comstock Partners, an affiliated privately-held company. CACI International, a software development, cybersecurity, systems engineering and data analytics company, will move into a new 41,000 square foot location. The Applied Research Laboratory at Penn State, a specialized research unit dedicated to interdisciplinary scientific research, is relocating from their current location in the Commerce District to a new 34,560 square foot space. The addition of these two leases supports Comstock's strategic plan to bring 1.3M square feet of new office space to Reston.
META

Hot Stocks

17:17 EST Mark Zuckerberg announces new team at Meta working on A.I. products - In a Facebook post, Mark Zuckerberg, announces new team at Meta working on A.I. products for Instagram, WhatsApp. The Meta CEO has created a new product group inside the company focused on generative AI. The post said: "We're creating a new top-level product group at Meta focused on generative AI to turbocharge our work in this area. Were starting by pulling together a lot of the teams working on generative AI across the company into one group focused on building delightful experiences around this technology into all of our different products. In the short term, we'll focus on building creative and expressive tools. Over the longer term, we'll focus on developing AI personas that can help people in a variety of ways. We're exploring experiences with text (like chat in WhatsApp and Messenger), with images (like creative Instagram filters and ad formats), and with video and multi-modal experiences. We have a lot of foundational work to do before getting to the really futuristic experiences, but I'm excited about all of the new things we'll build along the way." Reference Link
OVV

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17:07 EST Ovintiv sees FY23 production volumes 500-525 MBoe/d - With 2023 capital investment of approximately $2.25 billion at the midpoint, the Company expects to deliver total production volumes of 500 to 525 MBOE/d. This range reflects a flat production program relative to 2022. During the first half of the year, Ovintiv plans to bring wells online which were drilled but uncompleted in the fourth quarter of 2022.This will result in slightly higher capital expenditures in the first half of the year.
GOOG GOOGL

Hot Stocks

17:04 EST Waymo debuts fully-autonomous testing in in Los Angeles - Dmitri Dolgov, the co-chief executive officer of Waymo, tweeted earlier: "Following a rigorous cycle of validation and safety readiness evaluation, @Waymo is starting fully-autonomous (no human driver) testing in LA. Thrilled by the data confirming, once again, how well our ML-based 5th-gen Driver generalizes across cities!" The Fly notes that Waymo , formerly known as the Google Self-Driving Car Project, is an American autonomous driving technology company headquartered in Mountain View, California. It is a subsidiary of Alphabet (GOOG, GOOGL) the parent company of Google. Reference Link
AIP

Hot Stocks

17:00 EST Arteris IP, SiFive enter partnership to speed up Edge AI electronic products - Arteris and SiFive announced their partnership to help speed up Edge AI electronic product innovation for consumer electronics and industrial applications. The combination of the SiFive Intelligence processor IP and Arteris Ncore interconnect IP accelerates the path for customers to realize Edge AI SoCs. SiFive Intelligence X280, a multi-core capable RISC-V processor, provides a unique blend of performance, power efficiency, and an intuitive programming model, and enables various data-driven applications, including AI inference, image processing, data center acceleration and other use cases. Arteris Ncore cache coherent interconnect IP is a configurable and scalable network-on-chip, or NoC, interconnect for heterogeneous cache coherent systems-on-chip, or SoCs. The coupled solution delivers interoperability to speed up the development of Edge AI SoCs with high performance and power efficiency while reducing project schedules, integration complexity and costs. As a result of their interoperability and integration collaboration, SiFive has developed the SiFive 22G1 X280 Customer Reference Platform, incorporating a SiFive X280 processor IP and an Arteris Ncore cache coherent interconnect IP, which is available to run on the AMD Virtex UltraScale+ FPGA VCU118 Evaluation Kit.
HOOD

Hot Stocks

17:00 EST Robinhood receives subpoena's from California AG over crypto trading - In a regulatory filing, Robinhood said its Crypto Matters division has received subpoenas from the California Attorney General's Office seeking information about, among other things, RHC's trading platform, business and operations, custody of customer assets, customer disclosures, and coin listings. RHC is cooperating with this investigation.
WDAY

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17:00 EST Workday sees FY24 subscription revenue at $6.525B-$6.575B - CFO Barbara Larson states: "Our solid fourth quarter and full-year fiscal 2023 results underscore the durable demand for our solutions, as organizations of all sizes continue to prioritize finance and HR modernization. We are maintaining the midpoint of our preliminary fiscal year 2024 subscription revenue guidance while increasing our fiscal 2024 non-GAAP operating margin outlook to the high end. We now expect subscription revenue of $6.525 billion to $6.575 billion, growth of 17% to 18%, and non-GAAP operating margin of 23.0%, which includes a 150 basis point increase resulting from a change in our useful life policy for servers and network equipment. Our outlook reflects our strong fourth quarter execution and the scale of our model, balanced with our expectation that the environment will remain uncertain in the near-term."
SSKN

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16:58 EST Strata Skin Sciences regains compliance with Nasdaq - STRATA Skin Sciences announced that it had been notified by Nasdaq that Strata has regained compliance with the Nasdaq listing requirements regarding minimum bid price, Rule 5550.
ELOX

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16:57 EST Eloxx Pharmaceuticals initiates ELX-02 trial - Eloxx Pharmaceuticals announced that the first patients have now been dosed in its Phase 2 study of ELX-02 for the treatment of Alport syndrome in patients with nonsense mutations. Topline results are expected in the first half of 2023.
ROVR

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16:48 EST Rover Group announces $50M share buyback
HEI

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16:43 EST Heico sees net sales growth in both operating segments in FY23 - The company states: "As we look ahead to the remainder of fiscal 2023, we continue to anticipate net sales growth in both operating segments, principally driven by demand for the majority of our products. Additionally, continued inflationary pressures and lingering supply chain disruptions stemming from the COVID-19 pandemic may lead to higher material and labor costs. During fiscal 2023, we plan to continue our commitments to developing new products and services, further market penetration, and an aggressive acquisition strategy while maintaining our financial strength and flexibility."
OXY

Hot Stocks

16:38 EST Occidental Petroleum declares 18c per share quarterly dividend - Occidental announced that its board of directors has declared a regular quarterly dividend of 18c per share on common stock, payable on April 17 to stockholders of record as of the close of business on March 10.
APTX

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16:35 EST Aptinyx trading resumes
ADMP

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16:35 EST Adamis Pharmaceuticals trading resumes
MKSI

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16:33 EST MKS Instruments sees ransomware incident having material impact on Q1 results - The Company anticipates the previously announced ransomware incident identified on February 3, 2023 to have a material impact on the Company's first quarter results. The full scope of the costs and related impacts of the incident has not yet been determined. As a result, the Company will not provide its usual first quarter guidance at this time. Prior to the ransomware event, the Company expected revenue in the first quarter of approximately $1 billion. The Company currently estimates the impact from the incident on first quarter revenue to be at least $200 million. The Company expects to resume its normal guidance practice for the second quarter.
GIA

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16:33 EST GigCapital5 confirms receipt of funds to extend period of time for transaction - GigCapital5 "announced that GigAcquisitions5, LLC has funded the trust account maintained with Continental Stock Transfer & Trust Company with an additional $160,000 payment. In consideration for the deposit, the Company has amended and restated the existing unsecured interest free promissory note to include the additional loan amount, so the aggregate principal amount under such promissory note together with similar deposits made on September 26, 2022, October 26, 2022, November 28, 2022, December 27, 2022, and January 25, 2023 was increased to the total of $960,000. Such principal amount will be repaid in connection with the closing of GigCapital5's initial business combination. As a result of the deposits into the Trust Account, the period of time that GigCapital5 has to consummate a business combination has been extended by a month to March 28, 2023."
ADMP

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16:32 EST Adamis Pharmaceuticals and DMK Pharmaceuticals announce merger, no terms - Adamis Pharmaceuticals and DMK Pharmaceuticals announced that the companies have entered into an Agreement and Plan of Merger and Reorganization . Pursuant to the Agreement, Adamis will acquire DMK, including its library of approximately 750 small molecule neuropeptide analogues and on-going government funding for its development programs."Last fall, we initiated a process to explore strategic alternatives for the company with the goal of maximizing stockholder value," stated David J. Marguglio, CEO of Adamis. "After engaging in a thorough process of exploring potential alternatives and transactions, we believe a merger with DMK is the best path forward for Adamis and the strategy that has the potential to deliver significant value to Adamis' shareholders. I believe by combining Adamis' commercial products and development infrastructure with DMK's clinical-stage programs and library of small molecules, under Dr. Versi's leadership, the new company will have the potential to develop multiple groundbreaking treatments and ultimately grow shareholder value." At the close of the merger, Eboo Versi, the current CEO of DMK, will assume the role of CEO and chairman of the combined company. Dr. Versi explained, "There are substantial synergies between Adamis and DMK. The combined company will have both the expertise and infrastructure to further the development of DMK's potentially life-changing products to address large unmet medical needs. I believe that each of our clinical-stage product candidates has blockbuster potential, and we only need one to succeed to significantly increase shareholder value... At the close of the merger, Eboo Versi, the current CEO of DMK, will assume the role of CEO and chairman of the combined company. Dr. Versi explained, "There are substantial synergies between Adamis and DMK. The combined company will have both the expertise and infrastructure to further the development of DMK's potentially life-changing products to address large unmet medical needs. I believe that each of our clinical-stage product candidates has blockbuster potential, and we only need one to succeed to significantly increase shareholder value. I believe the combined companies present a risk diversified portfolio which is especially important in a time of market uncertainty."
KWR

Hot Stocks

16:31 EST Quaker Houghton names Jeffrey Fleck chief supply chain officer - Quaker Houghton announced that Jeffrey L. Fleck has joined the company as Senior Vice President and Chief Supply Chain Officer effective February 27, 2023. Fleck is responsible for leading the global end-to-end supply chain organization. Andy Tometich, Chief Executive Officer and President stated: "I am pleased to welcome Jeff to Quaker Houghton. He brings extensive leadership capabilities and supply chain expertise to optimize and strengthen our global footprint, operations and processes and further enable the Company to execute on our long-term growth strategy." Prior to joining Quaker Houghton, Fleck most recently served as Senior Vice President and Chief Supply Chain Officer for Georgia-Pacific Consumer Products Company from 2016 to 2023. From 2010 to 2015, Mr. Fleck was Senior Vice President and Chief Supply Chain and R&D Officer at Zep, Inc. Prior, he also held various supply chain management leadership positions at The Clorox Company, American Home Products, and Cargill Incorporated.
FRHC

Hot Stocks

16:31 EST Freedom Holding Russian divestiture approved and completed - The company states: "The previously announced sale of the Russian subsidiaries of Freedom Holding Corp. has been approved by the Central Bank of the Russian Federation and the sale has been completed, the company announced today. As previously disclosed, the company's Russian subsidiaries have been sold to Maxim Povalishin, the Deputy General Director and a member of the Board of Directors of Freedom's Russian subsidiary IC Freedom Finance LLC. As a result of the deal, which closed following the approval of the Central Bank of the Russian Federation, Freedom Holding Corp. has now completely divested its businesses in the Russian Federation. On October 17, 2022, Freedom Holding Corp. entered into an agreement for the sale of 100% of the shares of IC Freedom Finance LLC together with its subsidiary Bank Freedom Finance LLC, to Mr. Povalishin for approximately $140 million, comprised of cash in an amount of approximately US$33 million and the assignment of a liability in the amount of approximately US$107 million, subject to Central Bank of Russia approval."
AMRN

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16:30 EST Amarin accuses Sarissa of making 'misstatements' - Amarin issued the following statement in response to Sarissa's latest misstatements regarding the company's management compensation: "The Amarin Board of Directors, consistent with standard public company practice and in line with its fiduciary responsibilities, authorized its management compensation plan for 2023. Contrary to Sarissa's claims, the timing of the plan approval was in February, which is consistent with previous years. In addition, as part of this year's compensation plan (like all prior years), all Amarin employees globally received annual performance grants. Sarissa's comment that Karim Mikhail's equity grants vest "solely based on the passage of time" is also another misrepresentation of the facts. Mr. Mikhail's compensation package includes performance-based grants, which are only triggered if performance thresholds are achieved. Sarissa also insinuates that the Board is "refusing" to release the results of the General Meeting - this is another misrepresentation of the facts. The General Meeting has not occurred yet, and Sarissa and its legal advisors both know that companies do not publicize preliminary results prior to any general meeting, consistent with SEC guidelines. The Board assures shareholders that the results of the General Meeting will be posted in a timely manner following the conclusion of the meeting. The New Amarin is on the right track toward transforming into a global, diversified cardiometabolic player as we execute a thoughtful and practical strategic plan designed to create value now."
KWR

Hot Stocks

16:30 EST Quaker Houghton appoints Jeffrey Fleck Chief Supply Chain Officer - Quaker Houghton announced that Jeffrey Fleck has joined the company as senior VP and Chief Supply Chain Officer effective February 27. Fleck is responsible for leading the global end-to-end supply chain organization.
VRCA

Hot Stocks

16:25 EST Verrica: FDA accepts filing of VP-102 resubmitted NDA for molluscum treatment - Verrica Pharmaceuticals announced that the U.S. Food and Drug Administration FDA accepted for filing the Company's resubmitted New Drug Application NDA for VP-102 for the treatment of molluscum contagiosum and assigned a Prescription Drug User Fee Act PDUFA goal date of July 23. "We are pleased that the FDA has accepted for filing our NDA resubmission for VP-102," said Ted White, Verrica's President and Chief Executive Officer. "With no FDA-approved treatments for molluscum, the filing acceptance of our NDA brings us one step closer towards providing a safe and effective therapeutic treatment option for the millions of patients in the United States with molluscum. VP-102 has been designed for reliable and targeted administration of cantharidin through a unique, topical, GMP-controlled formulation through a single-use applicator. Based upon the strong safety and efficacy results from our two Phase 3 clinical trials, we believe that VP-102 has the potential to offer an important new treatment option for molluscum."
FSK

Hot Stocks

16:22 EST FS KKR Capital raises base quarterly distribution to 64c per share - FS KKR Capital's board of directors has declared a total cash distribution for the first quarter of 70c per share, consisting of a base distribution of 64c per share and a supplemental distribution of 6c per share, which will be paid on or about April 3 to stockholders of record as of the close of business on March 15. "Based on the overall strength of the company's earnings power, it is currently expected that FSK's quarterly supplemental distribution will equate to a minimum of 6c per share throughout 2023, and possibly longer," the company stated.
CLBR

Hot Stocks

16:22 EST PSQ to go public through SPAC deal with Colombier Acquisition - PSQ Holdings and Colombier Acquisition Corp., a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement. After the anticipated closing in the third quarter of 2023, the combined company will retain the PSQ Holdings, Inc. name and expects to trade on the New York Stock Exchange under the symbol PSQH. Colombier shares will continue to trade on the NYSE under the CLBR symbol until the closing of the transaction. Michael Seifert, the Founder and CEO of PublicSq., said: "For too long, progressive corporations have prioritized highly politicized ideas over the interests and values of the American people. Because of this, we, as patriotic Americans, are hungering for a future where the power is back in the hands of 'We the People' and a parallel economy is created. With the PublicSq. platform, we are grateful to provide a solution that helps every day, freedom-loving Americans spend their hard-earned money with businesses that prioritize the values that have made this nation so special in the first place. We're just getting started, and we're proud to partner with the Colombier team." PublicSq. will merge with a wholly owned subsidiary of Colombier, with PublicSq. continuing as the surviving entity in the merger. The Boards of Directors of PublicSq. and Colombier have each unanimously approved the transaction. The transaction will require the approval of the stockholders of Colombier and PublicSq. The transaction is subject to other customary closing conditions and is expected to close in the third quarter of 2023. Transaction consideration to PublicSq. holders will consist of newly issued shares with a value of $200 million, not including shares issuable pursuant to an earnout. The transaction is expected to provide up to $158.5 million in cash to PublicSq. to fund growth and expansion into new revenue streams, assuming no redemptions. Upon the closing of the transaction, Michael Seifert will retain majority voting rights and continue to drive PublicSq.'s mission of becoming the nation's leading values-aligned marketplace.
FORG

Hot Stocks

16:14 EST ForgeRock, Thoma Bravo to certify Second Request compliance after May 1 - As previously reported, the U.S. Department of Justice has issued a Second Request in connection with its review of the proposed acquisition of ForgeRock by Thoma Bravo pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Recently, ForgeRock and entities affiliated with Thoma Bravo entered into an agreement with the DOJ in connection with the proposed acquisition and the Second Request. Under the Timing Agreement, ForgeRock and Thoma Bravo have agreed that they will certify compliance with the Second Request no earlier than May 1, 2023, and will not consummate the proposed acquisition less than 75 days after compliance with the Second Request. The Timing Agreement does not prevent ForgeRock and Thoma Bravo from consummating the proposed acquisition sooner if the DOJ closes its investigation of the proposed acquisition before that date. The expiration or termination of the waiting period applicable to the proposed acquisition pursuant to the HSR Act is the only remaining approval or regulatory condition required to consummate the closing of the proposed acquisition.
AMRC

Hot Stocks

16:14 EST Ameresco acquires ENERQOS Energy Solutions - Ameresco "announced the signing of a definitive purchase and sale agreement to acquire ENERQOS Energy Solutions S.r.l., a renewable energy and energy efficiency company headquartered in Milan. With this acquisition, Ameresco will be able to expand its portfolio of clean energy projects and solutions throughout Italy. Enerqos has been operating for more than 15 years with the mission of taking care of the environment by offering a competitive advantage to Italian companies through energy efficiency and renewable energy solutions. They have a large portfolio of cost saving and carbon reduction projects across multiple markets in Italy, including healthcare, real estate, retail and residential."
GLPG

Hot Stocks

16:13 EST Galapagos to present results from multiple studies of filgotinib in UC - Galapagos will present new data at the European Crohn's and Colitis Organization ECCO annual congress taking place from 1-4 March 2023. A number of abstracts will present analyses from the SELECTION program with filgotinib. These include new analysis from the long-term extension study evaluating the safety and efficacy of filgotinib in UC for nearly four years; an analysis of the prolonged benefit of filgotinib in UC; an analysis exploring factors associated with the partial Mayo Clinic Score,pMCS, over time; and analysis of the effect of filgotinib on anaemia in UC patients.Additionally, Galapagos will present pooled data from five Phase 2/3 trials, and two long-term extension trials of filgotinib designed to further understand the safety profile of filgotinib in UC and rheumatoid arthritis RA. "We are excited to present data from multiple studies of filgotinib in UC, including results from the SELECTIONLTE study, which has been selected amongst the top 11 oral abstracts at ECCO," said Daniele D'Ambrosio, MD, PhD, Therapeutic Area Head, of Immunology, at Galapagos. "These presentations capture our broad range of research and commitment to the IBD community and underscore our mission to improve patients' lives by targeting diseases with high unmet needs."Data from the SELECTIONLTE study showed that filgotinib 200mg maintained symptomatic remission and HRQoL for up to approximately four years. Amongst subjects who completed the study, the reduction in mean pMCS in SELECTION was maintained up to LTE Week 144. In non-responders, mean pMCS decreased from LTE baseline to Week 192. The results also showed that a high proportion of completers and non-responders achieved remission according to the Inflammatory Bowel Disease Questionnaire .
APTX

Hot Stocks

16:13 EST Aptinyx to resume trading at 4:35pm E.T. - Quotation in Aptinyx will resume at 4:30pm E.T., acc Shares have been halted ahead of the company's announcement that its Phase 2 Study of NYX-458 did not demonstrate sufficient efficacy in patients with cognitive impairment associated with Parkinson's disease and dementia with Lewy bodies.
APTX

Hot Stocks

16:11 EST Aptinyx says Phase 2 Study of NYX-458 did not demonstrate sufficient efficacy - The company states: "Aptinyx announced results from a Phase 2 clinical study evaluating the effects of NYX-458 in patients with cognitive impairment associated with Parkinson's disease and dementia with Lewy bodies. Across the overall study population, NYX-458 did not demonstrate clinically meaningful improvements over placebo on the study's efficacy endpoints. The results do not support further development of NYX-458 by the company. The first-in-patient Phase 2 study was a randomized, double-blind, parallel-design, placebo-controlled study in 99 patients with mild cognitive impairment or mild dementia associated with Parkinson's disease or Dementia with Lewy Bodies. The study evaluated daily oral dosing of a 30 mg dose level of NYX-458 compared to placebo over a 12-week period. Across the overall study population, NYX-458 did not demonstrate clinically meaningful improvements over placebo on the study's efficacy endpoints. These endpoints evaluated everyday function using the Penn Parkinson's Daily Activities Questionnaire and the Everyday Cognition-12 Scale, as well as cognitive performance using a battery of computerized neurocognitive tests. NYX-458 was well-tolerated in the study. The results overall do not support further advancement of the development program by Aptinyx. The company intends to undertake cost-cutting measures to preserve capital and support the exploration of strategic alternatives. Consistent with these measures, the company will terminate its ongoing Phase 2b study of NYX-783 in post-traumatic stress disorder and analyze the data to date to inform the next steps for the program."
TREX

Hot Stocks

16:09 EST Trex Company sees FY23 EBITDA margin of 26%-27% - The company states: "With channel inventory recalibration completed by year-end 2022, we began 2023 strategically focused on our residential business, where we intend to drive accelerated wood conversion, reinforce our market leadership position, and continue to educate customers on the many advantages of the full range of Trex sustainable, high-performance, low-maintenance outdoor living products. To support these initiatives, we will continue to invest in the Trex brand and commercialize new products that broaden our market opportunity. Innovation remains a key competitive advantage for Trex. We recently announced the regional launch of our premium Trex Signature(R) decking product, which raises the bar for beauty, performance and sustainability with a whole new level of realism for wood plastic composite decking and is complemented by the full range of Trex Signature railing. We also doubled the number of color options available for our recently launched Trex Transcend(R) Lineage(TM) product line, which incorporates heat-mitigating technology. In addition, we introduced a tiered warranty structure for Trex decking that underscores the value of our good/better/best decking lineup. Our line-up for 2023 offers products at every price point designed to resonate with consumers seeking to optimize their outdoor living experience...We expect full year 2023 EBITDA margin to be in the 26% to 27% range. In the first two months of the 2023 first quarter, our plants were building to an annual revenue rate of one billion dollars. However, if demand is different than expected, we have the ability to quickly flex our production level. Capital expenditures for 2023 are anticipated to be in the $130 million to $140 million range, primarily related to the modular build out of our Arkansas facility calibrated to demand trends."
ADMP

Hot Stocks

16:00 EST Adamis Pharmaceuticals trading halted, news pending
APTX

Hot Stocks

16:00 EST Aptinyx trading halted, news pending
DNUT MCD

Hot Stocks

15:48 EST Krispy Kreme confirms expanded market test with McDonald's - On February 27, McDonald's USA (MCD) announced an expanded market test with Krispy Kreme (DNUT), the latter confirmed. Reference Link
TSLA

Hot Stocks

15:23 EST Tesla temporarily halts FSD beta software installations until recall addressed - The company said in part on a customer suppoer page: "Tesla has issued a voluntary recall on certain Model S, Model 3, Model X and Model Y vehicles that have installed or pending installation of software that contains the Full Self-Driving, FSD, Beta feature. This recall affects only US and CA vehicles. Affected vehicles were identified based on vehicle manufacturing, configuration, and software records. A software update which includes the remedy that will improve how FSD Beta negotiates certain driving maneuvers during specific conditions will be deployed over-the-air ,OTA,to affected vehicles when the software is available. "FSD Beta is an SAE Level 2 driver support feature that can provide steering and braking/acceleration support to the driver under certain operating limitations. With FSD Beta, as with all SAE Level 2 driver support features, the driver is responsible for operation of the vehicle whenever the feature is engaged and must constantly supervise the feature and intervene, e.g., steer, brake or accelerate, as needed to maintain safe operation of the vehicle. In certain rare circumstances and within the FSD Beta operating limitations, when the feature is engaged, it could potentially infringe upon local traffic laws or customs while executing these driving maneuvers in specific conditions before the driver may intervene." Reference Link
AMC

Hot Stocks

14:47 EST AMC Entertainment strength attributed to request for hearing in 'APE' fight - Strength in shares of AMC Entertainment is being attributed to parties having requested that a Delaware judge hold a preliminary injunction hearing in late April to block the conversion of AMC Preferred Equity units, or "APE" units, into common shares. The Allegheny County Employees' Retirement System filed a class-action complaint in Delaware's Court of Chancery last week seeking a temporary restraining order against a planned March 14 conversion vote as they allege the conversion plan violates Delaware law and breaches the board's fiduciary duties.
BKI ICE

Hot Stocks

14:31 EST Black Knight down 5% after Politico says FTC to challenge deal - Shares of Black Knight (BKI) are down about 5% to $60.05 after Politico reported, citing source, that the Federal Trade Commission is expected to challenge the takeover of the mortgage data company by Intercontinental Exchange (ICE). Three people with knowledge of the matter told Politico's Joshua Sisco that the FTC believes the deal would give Intercontinental Exchange, which also owns the NYSE, too much power in the U.S. mortgage market and that a case is expected to be filed some time in March.
BKI

Hot Stocks

14:28 EST Black Knight falls 5% to $59.85 after Politico says FTC to challenge buyout
EQBBF RADI

Hot Stocks

14:06 EST Radius Global shares jump 20% after Bloomberg report of EQT deal
RADI

Hot Stocks

14:02 EST Radius Global Infrastructure trading resumes
RADI

Hot Stocks

13:52 EST Radius Global Infrastructure trading halted, volatility trading pause
CRTD

Hot Stocks

13:33 EST Creatd anticipates subsidiary spinoff to occur before end of Q2 - Creatd, the parent company of OG Collection, announced that it is engaging an accounting firm to complete an audit of the OG Collection. "This will enable the company to then immediately file its initial listing S-1 required to begin trading on Upstream... The company expects the OG Collection audit to be completed before the end of March and anticipates the subsidiary spinoff to occur before the end of second quarter. The spin-off of a listed public company is a corporate action which will create a unique CUSIP for OG Collection, Inc. As part of the registered spin-off, a special dividend consisting of tradeable OG Collection shares will be issued to all Creatd shareholders of record, with the record date expected to be in the second week of April," the company stated. Jeremy Frommer, Creatd CEO and Chairman, said, "Based on the analysis we have received from external data science companies we have engaged, we can now distinctly identify the indicators and markers of potential illegal naked short selling. After speaking with counsel, it has become apparent that we should move forward with the process of prosecuting those who are found to be profiting from abusive trading tactics in Creatd's stock... I have studied the OG Collection spin-off and the implications of this corporate action, and believe in its potential to change the momentum, and how future CEOs combat the abusive trading tactics we are all fighting."
LMDX

Hot Stocks

13:33 EST LumiraDx gets FDA EUA amendment for SARS-CoV-2 RNA STAR Complete test kit - LumiraDx gets FDA Emergency Use Authorization amendment for its SARS-CoV-2 RNA STAR Complete test kit to extend the shelf life to 12 months. According to the letter from the FDA, "This is to notify you that your request is granted to update the authorized labeling of the LumiraDx SARS-CoV-2 RNA STAR Complete to alternative catalogue numbers for the assay kit to reflect different formulations of the Negative Control Media, and extend the shelf-life of the LumiraDx SARS-CoV-2 RNA STAR Complete kit to 12 months when stored according to the authorized labeling. Upon review, we concur that the data and information submitted in EUA202584/S011 supports the requested updates for use with the LumiraDx SARS-CoV-2 RNA STAR Complete. By submitting this EUA revision for review by the Food and Drug Administration, you have complied with the Conditions of Authorization stated in the letter authorizing the emergency use of the LumiraDx SARS-CoV-2 RNA STAR Complete re-issued on February 18, 2022." Reference Link
LMDX

Hot Stocks

13:28 EST LumiraDx gets FDA EUA amendment for SARS-CoV-2 RNA STAR Complete test kit - LumiraDx gets FDA Emergency Use Authorization amendment for its SARS-CoV-2 RNA STAR Complete test kit to extend the shelf life to 12 months. According to the letter dated February 22, "This is to notify you that your request is granted to update the authorized labeling of the LumiraDx SARS-CoV-2 RNA STAR Complete to alternative catalogue numbers for the assay kit to reflect different formulations of the Negative Control Media, and extend the shelf-life of the LumiraDx SARS-CoV-2 RNA STAR Complete kit to 12 months when stored according to the authorized labeling. Upon review, we concur that the data and information submitted in EUA202584/S011 supports the requested updates for use with the LumiraDx SARS-CoV-2 RNA STAR Complete. By submitting this EUA revision for review by the Food and Drug Administration, you have complied with the Conditions of Authorization stated in the letter authorizing the emergency use of the LumiraDx SARS-CoV-2 RNA STAR Complete re-issued on February 18, 2022."Reference Link
AMZN

Hot Stocks

13:16 EST Amazon to spend $200M on safety technology across transportation network in 2023 - Udit Madan, Vice President of Amazon Transportation wrote in part earlier: "Safety is integral to everything we do across our operations at Amazon, every day, in every country, and especially on the road. As we work to deliver for our customers, we continue to innovate and advance safety features in the trucks and vans we deploy, keeping the safety of our partners and communities where we deliver as our top priority. A challenge as complex as roadway safety requires strong leadership across both the public and private sectors. Amazon has helped lead the way in investments and innovations, and I'm proud to share some highlights of how Amazon is already working toward the goals outlined in the U.S. Department of Transportation's National Roadway Safety Strategy, NRSS . The examples below are each part of a $200M investment in new safety technology, and part of our continuing work to ensure Amazon vehicles and our delivery partners are safe on the road ...We've equipped our middle mile trucking network, which is responsible for shipping packages to and from our operations sites before they're dispatched for last mile delivery to customers, with leading safety technology, including automatic emergency braking, front-collision warning, stability control, lane-departure warning, side-object detection, adaptive cruise control, and speed limiters. Since 2017, ..we've invested heavily in our route planning navigation systems and predictive analytics software to better monitor fleet safety. All of this is embedded into our mobile technology, called Relay, that connects carriers and drivers to Amazon, and provides them with navigation assistance, real-time driver-facing alerts, safety performance summaries, and additional safety learning." Reference Link
STLA...

Hot Stocks

12:24 EST Stellantis taking 14.2% equity stake in McEwen Copper - Stellantis (STLA) announced a $155M investment in a project located in Argentina, which will make a major contribution to the company's plan to become carbon net zero by 2038. The company is acquiring a 14.2% equity stake in McEwen Copper, a subsidiary of Canadian mining company McEwen Mining (MUX), which owns the Los Azules project in Argentina and the Elder Creek project in Nevada, USA. With this stake, Stellantis will become McEwen Copper's second largest shareholder, along with Rio Tinto (RIO), through its copper leaching technology venture, Nuton. Los Azules plans to produce 100,000 tons per year of cathode copper at 99.9% purity starting in 2027 and the resources can secure the operation for at least 33 years. "Stellantis intends to lead the industry with the commitment to be carbon net zero by 2038 - a goal that requires innovation and a complete redefinition of the entire business," said Carlos Tavares, Stellantis CEO. "We are taking important steps in Argentina and Brazil, with the aim of decarbonizing mobility and ensuring strategic supplies of raw materials necessary for the success of the Company's global electrification plans."
TD

Hot Stocks

12:17 EST TD Bank settles Stanford Financial litigation for $1.2B - TD Bank Group announced earlier today that it has agreed to a settlement in principle relating to litigation involving the Stanford Financial Group. Upon final approval of the settlement by the Court, TD will pay $1.205B to the court-appointed receiver for the Stanford Receivership Estate. Under the terms of the agreement, TD has settled with the receiver, the Official Stanford Investors Committee, and other plaintiffs in the litigation and these parties have agreed to a bar order dismissing and releasing all current or future claims arising from or related to the Stanford matter. TD "expressly denies any liability or wrongdoing with respect to the multi-year Ponzi scheme operated by Stanford and makes no admission in connection to any Stanford matter as part of the settlement. TD provided primarily correspondent banking services to Stanford International Bank Limited and maintains that it acted properly at all times. TD elected to settle the matter to avoid the distraction and uncertainty of continuing a long legal proceeding," the bank said in a statement. As a result of this settlement, TD will record a provision of approximately C$1.2B after tax in Q1.
MANU

Hot Stocks

12:01 EST Manchester United falls -11.8% - Manchester United is down -11.8%, or -$2.70 to $20.19.
RC

Hot Stocks

12:01 EST Ready Capital falls -14.2% - Ready Capital is down -14.2%, or -$1.77 to $10.72.
TGNA

Hot Stocks

12:01 EST Tegna falls -21.1% - Tegna is down -21.1%, or -$4.62 to $17.23.
BRMK

Hot Stocks

12:00 EST Broadmark Realty Capital rises 12.9% - Broadmark Realty Capital is up 12.9%, or 54c to $4.69.
UVE

Hot Stocks

12:00 EST Universal Insurance rises 16.2% - Universal Insurance is up 16.2%, or $2.44 to $17.48.
FSR

Hot Stocks

12:00 EST Fisker rises 30.2% - Fisker is up 30.2%, or $1.71 to $7.39.
RNAZ

Hot Stocks

11:57 EST Transcode Therapeutics treatment of pancreatic cancer granted orphan status - Transcode Therapeutics' treatment of pancreatic cancer was granted orphan status by the FDA, according to a post to the agency's website. Reference Link
COIN

Hot Stocks

11:45 EST Coinbase to suspend trading for Binance USD on March 13 - Coinbase said via Twitter, "We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12pm ET...Trading will be suspended on Coinbase.com (Simple and Advanced Trade), Coinbase Pro, Coinbase Exchange, and Coinbase Prime. Your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time."
LUCD

Hot Stocks

11:38 EST Lucid EsoCheck cell collection device judged 'Substantially Equivalent' by FDA - A 510(k) Premarket Notification with a decision date of February 24 indicates that Lucid Diagnostics' EsoCheck Cell Collection Device was judged by the FDA to be a "Substantially Equivalent - Kit," or SESK. Reference Link
SYNH BAC

Hot Stocks

11:25 EST Syneos Health jumps following report on new effort to sell itself - Shares of Syneos Health (SYNH) are trading higher on Monday morning following a report by Reuters' David Carnevali and Anirban Sen saying the company is making a new effort to sell itself after a reduced backlog of contracts for providing clinical research to drug developers led to a 52% plunge in its shares over the past year, according to people familiar with the matter. Syneos has hired Bank of America Corp (BAC) in addition to Centerview as financial adviser as it embarks on a new round of talks with potential acquirers that may include industry peers and private equity firms, the sources said. Syneos' stock has gained over 7% to $40.54 in Monday morning trading following the report.Reference Link
RETA

Hot Stocks

11:21 EST Reata sinks after STAT reports Billy Dunn leaving FDA - Shares of Reata Pharmaceuticals moved lower after STAT reported Billy Dunn is leaving the Food and Drug Administration. The FDA action date for Reata's omaveloxolone for the treatment of Friedreich's ataxia is February 28. Dunn is the agency's neuroscience chief who was seen as providing pivotal support to controversial drugs from Biogen and Amylyx Pharma, STAT said. His is leaving to explore other opportunities, the website added. Shares of Reata are down 24% to $33.66 following the STAT report.
SYNH

Hot Stocks

11:16 EST Syneos Health trading resumes
SYNH

Hot Stocks

11:11 EST Syneos Health trading halted, volatility trading pause
KEYS ADI

Hot Stocks

11:07 EST Keysight Technologies signs MOU with Analog Devices to advance 6G tech design - Keysight Technologies (KEYS) announced that it has signed a memorandum of understanding with Analog Devices, Inc. (ADI) to advance 6G technology design and development. New 6G network capabilities will be based on existing and emerging technologies to enable new use cases and applications, the company said, adding that "Keysight and ADI will bring together high-performance solutions and expertise across a wide range of technology domains to realize the industry's evolving 6G vision. Under the MoU, the companies will collaborate to develop innovative solutions in technology areas critical to multiple facets of wireless network performance including energy efficiency as well as resilient and secure wireless connectivity."
TGNA

Hot Stocks

10:53 EST Standard General to challenge attempt to scuttle Tegna deal - Standard General L.P. is vowing to continue its efforts to complete its proposed transaction with TEGNA, despite the "unprecedented actions of the FCC's Media Bureau, which belatedly designated two questions related to the deal to an Administrative Law Judge. The Media Bureau's action, which was promptly criticized by two of the FCC's four current Commissioners, is tantamount to denying the transaction by initiating a lengthy process that would extend well beyond the transaction's Final Extension Date of May 22, 2023." Standard General is calling on the Federal Communications Commission to formally vote now on the proposed transaction and render a decision on the merits. Commenting on the situation, Standard General's Managing Partner Soo Kim said, "A decision delayed is a decision denied. Our proposed transaction is consistent with all FCC regulations and precedent. It is bolstered by a voluntary commitment to invest in local news, preserve newsroom jobs, and address purported concerns related to consumer pricing. But rather than rule on the transaction's merits, as the law requires, the Media Bureau is attempting to scuttle the deal by ordering a wholly unnecessary hearing process, that if left standing by the Commission, would kill the deal."
LION

Hot Stocks

10:39 EST Lionheart III Corp trading resumes
LION

Hot Stocks

10:34 EST Lionheart III Corp trading halted, volatility trading pause
ITRG

Hot Stocks

10:32 EST Integra Resources trading resumes
ITRG

Hot Stocks

10:30 EST INTEGRA RES CORP COM NEW trading resumes
LSDI

Hot Stocks

10:29 EST Lucy Scientific Discovery announces first commercial sale of psylocibin - Lucy Scientific Discovery announced that it has agreed to its first commercial sale to the prestigious Hadassah BrainLabs - Center for Psychedelics Research, Hadassah Medical Center, Hebrew University, Jerusalem, Israel. Hadassah BrainLabs was founded in 2013, as a National Knowledge Center for Research on Brain Disorders. Lucy has previously provided naturally-derived N.N-dimethyltryptamineto the Brain Lab and Biological Psychiatry Department at Hadassah-Hebrew University. Data resulting from studies using the provided material is anticipated to be published in the near future.
VGAS

Hot Stocks

10:23 EST Verde Clean Fuels Inc trading resumes
VGAS

Hot Stocks

10:18 EST Verde Clean Fuels Inc trading halted, volatility trading pause
BAESY

Hot Stocks

10:02 EST BAE Systems awarded $145M contract for USS Nitze modernization - BAE Systems has received a $145M contract from the U.S. Navy for the maintenance and modernization of the Arleigh Burke-class guided-missile destroyer USS Nitze. The value of the contract could reach $161M if all options are exercised. Under the depot maintenance period contract awarded, BAE Systems' Norfolk shipyard will dry-dock the ship, perform underwater hull preservation work, upgrade the ship's Aegis combat system and command and control equipment, and refurbish the living spaces for the ship's 325 crewmembers. The work is expected to begin in July.
COUR

Hot Stocks

10:00 EST Coursera falls -9.1% - Coursera is down -9.1%, or -$1.10 to $11.04.
RC

Hot Stocks

10:00 EST Ready Capital falls -14.0% - Ready Capital is down -14.0%, or -$1.75 to $10.75.
TGNA

Hot Stocks

10:00 EST Tegna falls -23.6% - Tegna is down -23.6%, or -$5.16 to $16.68.
UVE

Hot Stocks

10:00 EST Universal Insurance rises 10.5% - Universal Insurance is up 10.5%, or $1.57 to $16.61.
BRMK

Hot Stocks

10:00 EST Broadmark Realty Capital rises 17.0% - Broadmark Realty Capital is up 17.0%, or 71c to $4.86.
FSR

Hot Stocks

10:00 EST Fisker rises 22.2% - Fisker is up 22.2%, or $1.26 to $6.94.
ITRG...

Hot Stocks

09:59 EST Integra Resources, Millennial Precious Metals announce friendly at-market merger - Integra Resources (ITRG) and Millennial Precious Metals (MLPMF) announce that they have entered into an arm's length definitive agreement dated February 26 for an at-market merger, pursuant to which Integra and Millennial have agreed to combine their respective companiesby way of a court-approved plan of arrangement. Under the terms of the transaction, Millennial shareholders will receive 0.23 of a common share of Integra for each Millennial common share held. Existing shareholders of Integra and Millennial will own approximately 65% and 35%, respectively, of the outstanding Integra shares on the closing of the transaction, but prior to the completion of the equity financing contemplated. The exchange ratio implies consideration of C$0.18 per Millennial share based on the closing market price of the Integra shares on the TSX Venture Exchange on February 24. The consideration represents a no premium transaction. In connection with the transaction, the companies are pleased to announce concurrent equity financings for aggregate gross proceeds of C$35M, comprised of the brokered offering and non-brokered offering, the net proceeds of which are expected to be used by Integra, following completion of the transaction, to fund an updated Mineral Resource estimate and mine plan of operations at the DeLamar Project, the preparation of a Mineral Resource Estimate and Preliminary Economic Assessment on Millennial's Wildcat and Mountain View Projects, as well as on-going baseline work for additional permitting and exploration at the companies' respective projects, and for working capital and general corporate purposes. The companies are pleased to welcome Wheaton Precious Metals Corp. (WPM) as a new cornerstone investor, with Wheaton agreeing to invest an amount equal to up to 9.9% of the issued and outstanding Integra shares following the completion of the proposed Transaction and the conversion of the subscription receipts issuable to Wheaton and pursuant to the brokered offering. The equity participation of Wheaton in connection with the transaction provides significant project and transaction validation while also creating a partnership for future project financing. The equity financing also includes participation by Beedie Investments Ltd., an existing lender and shareholder of Integra.
COUR

Hot Stocks

09:47 EST Coursera falls -8.9% - Coursera is down -8.9%, or -$1.08 to $11.06.
RC

Hot Stocks

09:47 EST Ready Capital falls -11.8% - Ready Capital is down -11.8%, or -$1.47 to $11.03.
TGNA

Hot Stocks

09:47 EST Tegna falls -22.6% - Tegna is down -22.6%, or -$4.94 to $16.90.
UNP

Hot Stocks

09:47 EST Union Pacific rises 11.3% - Union Pacific is up 11.3%, or $21.84 to $214.56.
FSR

Hot Stocks

09:47 EST Fisker rises 18.4% - Fisker is up 18.4%, or $1.04 to $6.72.
BRMK

Hot Stocks

09:47 EST Broadmark Realty Capital rises 21.5% - Broadmark Realty Capital is up 21.5%, or 90c to $5.05.
RNER

Hot Stocks

09:39 EST Mount Rainier Acquisition Corp trading resumes
MLEC

Hot Stocks

09:37 EST Moolec Science SA trading resumes
RNER

Hot Stocks

09:34 EST Mount Rainier Acquisition Corp trading halted, volatility trading pause
EVC META

Hot Stocks

09:32 EST Entravision named authorized sales partner of Meta Platforms in Mongolia - Entravision (EVC) announced that its Asia-based digital business unit has become the authorized sales partner in Mongolia of Meta (META).
MLEC

Hot Stocks

09:32 EST Moolec Science SA trading halted, volatility trading pause
SMSI

Hot Stocks

09:30 EST Smith Micro announces contract termination by U.S.-based Tier 1 carrier customer - Smith Micro announced that the Company received written notice of contract termination from a U.S.-based Tier 1 carrier customer for the company's family safety solution, effective June 30. At the customer's election, the company remains obligated to deliver service under the agreement for a transition period of up to 180 days beyond June 30. The company is reviewing and expects to take appropriate action to reduce expenses associated with the affected customer agreement, and will reallocate certain resources to the company's multiple other Tier 1 U.S. carrier customers and to its customers outside of the U.S.
SMSI

Hot Stocks

09:30 EST Smith Micro says U.S. Tier 1 carrier customer ending family safety solution pact
LTC BKD

Hot Stocks

09:27 EST LTC Properties to transition or sell some properties in Brookdale portfolio - LTC Properties (LTC) announced that it plans to diversify its portfolio through the transition and possible sale of some of the properties in its Brookdale Senior Living (BKD) portfolio, following Brookdale's election not to exercise its lease renewal option. Brookdale is contractually obligated to pay rent on the portfolio of 35 assisted living communities across eight states through the end of the lease term on December 31. The portfolio represents 8.4% of pro forma annualized contractual cash rent, and 8.2% of pro forma annualized GAAP rent. LTC has funded approximately $7M in capital improvements in the properties over the last two years.
SNCR

Hot Stocks

09:20 EST Synchronoss announces messaging platform growth in Asia Pacific - Synchronoss Technologies announced strong growth in Asia Pacific, primarily fueled by growth in its Advanced Messaging business. Through partnerships with global service providers, specifically in Japan, the company continues to expand its global footprint, supporting tens of millions of subscribers in the region. In Japan, Rich Communications Service technology enables consumers to engage with brands and businesses safely and securely, and provide the best user-experience for the Japanese customers. Through a long-standing partnership with WIT Software, Synchronoss Advanced Messaging is enabling mobile operators NTT DOCOMO, KDDI, and SoftBank to deploy a cross-operator RCS experience supporting 32.5 million subscribers.
SPRC

Hot Stocks

09:19 EST SciSparc signs agreement with Tikun Olam for supply of CBD-rich cannabis oil - SciSparc announced it has signed an agreement with Tikun Olam Cannbit Pharmaceuticals to supply CBD-rich oil from Cannbit strains by, to be used as part of its proprietary SCI-210 treatment, which is a combination of CBD and CannAmide. SCI-210 treatment will be used in the Company's clinical trial on children with autism spectrum disorder. The Trial will be conducted at the Soroka University Medical Center, led by Prof. Gal Meiri, head of the Soroka Preschool Psychiatry Unit. The Company has already secured approvals from the Israeli Ministry of Health as well as the Ethics Committee of the Soroka University Medical Center to conduct the Company's clinical trial. The Trial will evaluate the safety, tolerability and efficacy of SciSparc's drug candidate SCI-210, a proprietary combination of cannabidiol and CannAmide, in comparison to CBD monotherapy in children with ASD. The study design is a 20-week, randomized double-blind placebo-controlled with cross-over clinical trial on 60 children. The trial has three primary efficacy end points: the Aberrant Behavior Checklist-Community parent questionnaire; the Clinical Global Impressions-Improvement performed by a clinician; and the effective therapeutic dose.
NGMS

Hot Stocks

09:17 EST Neogames, Intralot do Brasil launch 'LotoMinas' iLottery, betting solution - NeoGames and Intralot do Brasil announces the launch of the first regulated iLottery and online sports betting solution in Brazil, for Loteria Mineira, the official lottery of Brazil's second largest state, Minas Gerais. The launch of "LotoMinas" marks NeoGames' entry into the Brazilian market and is the beginning of a multi-year turnkey project with the local lottery operator. It is NeoGames' first cooperation with Aspire Global and BtoBet, both companies that NeoGames acquired last year, which are now part of the NeoGames group of companies. The comprehensive digital solution in Minas Gerais is anticipated to build upon the state's currently operating, successful retail lottery and digital keno program. NeoGames has implemented a local cloud based solution in Brazil, with its industry leading NeoSphere platform, a suite of eInstant games from the NeoGames Studio tailored to the local market, a range of services from Aspire Global, including CRM management and sports risk management, and a complete online sports betting solution from BtoBet, including Managed Trading Services. At launch, 18 games were selected to be available for players, including the award-winning Queen of Diamonds, Instant Keno Multiplier and VIP Platinum.
MRETF

Hot Stocks

09:16 EST Martinrea acquires assets of Effenco Developement, terms not disclosed - Martinrea International announced the acquisition of the assets of Montreal-based Effenco Development Inc., which were acquired in 2022. Effenco is a Green-Tech business that designs, manufactures and markets technologies for the electrification and connectivity of heavy duty vocational trucks. The Effenco Hybrid Electric solution augments the vehicle's powertrain and electrifies the onboard equipment utilizing a unique ultracapacitor-based technology. The technology creates value by helping to reduce greenhouse gas emissions, engine usage hours, fuel consumption, noise pollution, and related maintenance. Supporting Effenco's development activities is its real-time vehicle operations database, helping to ensure reliable performance for various applications and equipment. In addition, having collected over 1 million hours of real-world operating data, combined with its proprietary artificial intelligence algorithms, Effenco is well positioned to pursue its path in heavy-duty electrification.
MEOH

Hot Stocks

09:15 EST Methanex, MOL complete net-zero voyage fueled by bio-methanol - Methanex and Mitsui O.S.K. Lines announced the dual-fuel vessel "Cajun Sun" completed the first-ever net-zero voyage fuelled by bio-methanol. The voyage is an example of how Methanex and MOL are collaborating to demonstrate the viability of methanol as a marine fuel with a pathway to net-zero emissions. The Cajun Sun, operated by Methanex's subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar, U.S. on January 17 and arrived in Antwerp, Belgium on February 4. By blending ISCC-certified bio-methanol that has negative carbon intensity with natural gas-based methanol, net-zero greenhouse gas emissions on a lifecycle basis were achieved for the 18-day trans-Atlantic voyage. This innovative fuel solution offers shipping companies the ability to achieve net-zero carbon emissions today, supporting the industry's transition to a low-carbon future.
GEVO CMI

Hot Stocks

09:13 EST Gevo finalizes hydrogen development services agreement with Zero6 - Gevo finalized a Hydrogen Development Services Agreement with Zero6 Energy for the development of a 20-megawatt hydrogen production facility in Lake Preston, South Dakota, using Cummins electrolyzer technology. The facility, known as the Dakota Renewable Hydrogen Project, will be an integral part of Gevo's Net-Zero 1 renewable hydrocarbon plant that is under development. Cummins will supply the project with an electrolyzer system comprised of four HyLYZER-1000 proton exchange membrane electrolyzers to produce hydrogen. Cummins' HyLYZER-1000 product is currently in operation at a similar facility in Becancour, Quebec, Canada. An electrolyzer splits water into oxygen and hydrogen. When powered by renewable electricity, the hydrogen produced is green and carbon free. This green hydrogen can be stored as a compressed gas or a liquid and used as an energy-dense, clean power source. Over 80% of the DRH hydrogen production capacity will be directly piped to the Gevo NZ1 plant to be used in the hydrocarbon refining process. The DRH will be located on the NZ1 plant property under a long-term lease agreement from Gevo.
TBPH

Hot Stocks

09:12 EST Irenic sends letter to Theravance urging governance overhaul, capital return - Irenic Capital Management released the below letter to Theravance Biopharma Board of Directors, which said in part: "Irenic Capital Management and its limited partners own approximately 4.2% of the outstanding shares of Theravance Biopharma making us one of the Company's largest shareholders. We invested in Theravance because we believe the Company is worth substantially more than its current market value. In fact, we believe Theravance is worth nearly $21 per share as compared to its current trading price of only $9.87.1 Unlike value in many biotechnology companies, much of Theravance's value ,in fact, value in excess of its entire market capitalization - is in concrete, commercialized assets and not dependent on future trials or novel discoveries. Approximately 49% of Theravance's market value, or $4.80,2 is in cash on the balance sheet and another $6.29 of value can be ascribed to the Company's stake in YUPELRI . Another $4.80 is in milestone and royalty payments associated with Yupelri and GSK plc's TRELEGY ELLIPTA . In short, even before considering the more speculative value associated with the Company's ownership of ampreloxetine , Theravance is worth well in excess of its trading price."
KUKE SONY

Hot Stocks

09:12 EST Sony Select extends agreement with Kuke Music's Naxos China - Kuke Music Holding (KUKE) announced that Sony (SONY) Select has extended its agreement with the Company's subsidiary Naxos China, giving music enthusiasts and audiophiles instant access to the professional high-res classical music catalogues. Under the agreement, Naxos China will continue licensing its extensive library of high-resolution classical music catalogue to Sony Select, providing its users with an immersive and superior listening experience. He Yu, Chief Executive Officer of Kuke Music Holding Limited, commented, "We are pleased to continue our agreement with Sony Select, one of our long-term and most important licensing clients. This is another important strategic opportunity for us as we benefit from being aligned with industry leaders across the entire music ecosystem from creation to consumption. In the case of Sony Select, the platform has already established an impressive leadership position for its high-res app, which is viewed as a must-have for audiophiles and music enthusiasts. Both of our companies share in the commitment to providing superior quality audio tracks to our users. In addition, as Sony Select continues to expand its popular high-res music app in new online and offline usage scenarios, it can generate incremental revenue for Sony Select as well as its content providers, Naxos China included."
SCLX SRNE

Hot Stocks

09:11 EST Scilex announces commercial launch of ELYXYB in the U.S. - Scilex Holding Company announced the commercial launch of ELYXYB in the U.S. Starting today, ELYXYB is available in pharmacies to customers and supplied through their normal wholesaler and distributor channels. ELYXYB was approved by the U.S. Food and Drug Administration on May 6, 2020, for the treatment of acute migraine with or without aura in adults. Strong re-launch commercialization efforts including multiple manuscripts, five posters at American Headache Society and more than six thousand interactions with potential customers have laid the groundwork for what Scilex believes will be the successful re-introduction of ELYXYB into the outpatient marketplace.The Scilex sales force, consists of approximately 65 pain specialists who cover more than 80 percent of the physicians Scilex is targeting for ELYXYB. Since we acquired ELYXYB, our team has been executing a training and market access strategy, working closely with key customers to initiate the review process to obtain access for ELYXYB.
AEHL

Hot Stocks

09:11 EST Antelope Enterprise Holdings appoints Zhang as new chairman - Antelope Enterprise Holdings, which operates KylinCloud, announced that on February 24, 2023, its Board of Directors appointed Weilai 'Will' Zhang, the Chief Executive Officer of the Company, as the Chairman of the Company's Board of Directors. Will Zhang joined the management team of the Company on January 5, 2023 and brings extensive entrepreneurial, venture capital and investment management experience to his new role. Since 2020, Zhang has acted as Chairman of Jinke Yulv Technology Ltd., an internet technology firm in China. Also, on February 24, 2023, Meishuang Huang, Chairperson of the Board, tendered her resignation. Huang's resignation was for personal reasons and not due to any disagreements with the Company or its management. In addition, the Company is announcing the results of its Special Meeting of Shareholders where the Company's shareholders approved the proposals to sell its legacy ceramic tile business, amend the Company's authorized share capital including the re-designation of ordinary shares to be Class A ordinary shares and Class B ordinary shares, and file an amended and restated memorandum and articles of association.
APPN

Hot Stocks

09:09 EST Appian names Dillon SVP, Global Partners Organization - Appian announced the appointment of Mark Dillon to the position of Senior Vice President, SVP, Global Partners Organization. Dillon most recently served as Senior Vice President of Global Partners and International at Quickbase. Dillon is responsible for the continued growth and development of Appian's world-class partner program and ecosystem. Dillon reports to Appian Chief Revenue Officer Chris Jones.
XPOF

Hot Stocks

09:08 EST Xponential Fitness appoints Andrew Hagopian as chief legal officer - Xponential Fitness announced the appointment of Andrew Hagopian as the company's chief legal officer, effective March 1.
CCLD

Hot Stocks

09:08 EST Interstate Health Systems selects CareCloud for RCM solution - CareCloud announced that Interstate Health Systems has selected CareCloud to optimize their administrative and financial processes as well as the management and storage of patients' medical information and records.
STLD

Hot Stocks

09:08 EST Steel Dynamics increases quarterly dividend 25% to 42.5c per share - Steel Dynamics announced that the company's board of directors declared a first quarter cash dividend of 42.5c per common share, a 25% increase over the company's 2022 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2023 and is payable on or about April 14, 2023. "These actions reflect the Board's and senior leadership's confidence in the consistency and strength of our cash generation capabilities," said Mark D. Millett, Chairman, President, and Chief Executive Officer. "We have consistently grown our cash dividend to shareholders in alignment with our structural growth initiatives, maintaining a strong cash dividend growth profile. Based on our firm capital foundation and consistent cash generation, we have the ability to execute significant organic and transactional strategic growth initiatives, while sustaining strong shareholder distributions and remaining committed to maintaining our investment grade credit ratings."
FAT

Hot Stocks

09:06 EST Great American Cookies opens location in Arizona - Great American Cookies announces it has officially landed in Arizona. Situated in Glendale's Tanger Outlets, the all-new location has the perfect mix of Cookies Cakes, fresh-baked cookies, and brownies to fuel and satisfy shoppers' cravings.
GOVX

Hot Stocks

09:06 EST GeoVax announces presentation of results from clinical study of HIV therapy - GeoVax Labs announced the presentation of results from a clinical study of a combinational HIV therapy that included GeoVax's HIV vaccine candidate, MVA62B. The data were presented at the Conference on Retroviruses and Opportunistic Infections held February 19-22, 2023, in Seattle, Washington. The data were generated, in a clinical trial led by researchers at the University of California, San Francisco, to develop a combinational therapy aimed at reducing or eliminating viral replication in the absence of antiviral medications in HIV-positive individuals. The primary objectives of the proof-of-concept trial were to assess the safety and tolerability of the combinational therapy and to determine the viral load "set-point" during antiviral treatment interruption. Secondary objectives were to assess immune responses and changes in viral reservoir status. The clinical trial was led by Steven Deeks, M.D. of UCSF, a world leader in therapeutic approaches to HIV infections, and was one of the most comprehensive tests to date for the ability of synergistic approaches to control HIV infection. The studies were conducted with funding from amfAR, The Foundation for AIDS Research.
MBOT

Hot Stocks

09:04 EST Microbot Medical adds Francisco Carnevale to SAB - Microbot Medical announced that it has expanded its global presence to South America with the addition of Francisco C. Carnevale, MD, PhD, FSIR, becoming the latest key opinion leader to join the Company's Scientific Advisory Board. With the addition of Dr. Carnevale to its SAB, the Company now has 13 KOLs on its SAB, including seven from the U.S., three in Israel, two from EU nations, and Dr. Carnevale representing the first from Brazil, all with a singular focus of supporting the regulatory and commercial paths for the LIBERTY Robotic System. Dr. Carnevale, a vascular and interventional radiologist based in Sao Paolo, Brazil, is the Chief of the Vascular Interventional Radiology Section at Hospital das Clinicas - University of Sao Paulo Medical School Hospital.
RUM

Hot Stocks

09:03 EST Dan Bongino launches 'The Dan Bongino Show' on Rumble - Rumble announced that Dan Bongino will relaunch "The Dan Bongino Show" as a live premiere on Rumble, broadcasting every weekday at 11 a.m. Eastern Time. This new format will allow viewers to interact in real time and access the content on-demand immediately following the show .Currently, "The Dan Bongino Show" has 2.59 million followers-the most of any channel on Rumble.
TGNA

Hot Stocks

09:02 EST Tegna falls 24% after outside date for Standard General deal extended - Shares of Tegna are down 24% or $5 per share in pre-market trading to $16.62 after announcing that the outside date for the Standard General deal in which Tegna would be acquired would be acquired by Standard General for $24 per share in cash has been extended.
PXD RRC

Hot Stocks

09:02 EST Pioneer Natural says 'not contemplating a significant business combination' - On Friday night, after Bloomberg reported based on its sources that Pioneer Natural Resources (PXD) was considering an acquisition of Range Resources (RRC), Pioneer Natural Resources issued a company update, stating: "Pioneer Natural Resources Company announced today that the company is not contemplating a significant business combination or other acquisition transaction." In Monday pre-market trading, Range Resources shares are down 8% to $26.00 while Pioneer shares are up $4.33, or 2%, to $200.90.
DGLY

Hot Stocks

09:02 EST Kustom Entertainment, RLL host Trace Adkins at Firestone Grand Prix - Kustom Entertainment, a subsidiary of Digital Ally, Inc., and Rahal Letterman Lanigan Racing will combine their efforts this coming weekend to host entertainer and TV/film actor Trace Adkins. Adkins will participate in a key role on the pre-race grid of the Firestone Grand Prix of St. Petersburg presented by RP Funding this weekend, March 3-5. Adkins will perform the national anthem as two F-16 Fighting Falcons from Homestead Air Reserve Base fly over the track, and the color guard from American Legion Post 273 Madeira Beach presents the flags.
CENN

Hot Stocks

09:01 EST Cenntro Electric starts production of LS400, Metro electric trucks in U.S. - Cenntro Electric announced the start of production of its LS400 and Metro electric commercial trucks at the company's recently expanded assembly facility in Howell, New Jersey. Additionally, the company is also announcing the completion of its new assembly facility in Jacksonville, Florida. Production of the LS400 and Metro electric commercial vehicles in the Howell Assembly Facility is underway. Vehicles assembled at the Howell facility are predominantly for the Northeastern region of the United States. Cenntro also announced the completion of the build-out of Jacksonville Assembly Facility and is awaiting parts to begin the production of the LS400 and Metro product lines.
EOLS

Hot Stocks

08:54 EST Evolus initiates Nuceiva launch in Germany and Austria - Evolus has commenced the commercial launch of Nuceiva or botulinum toxin type A, in Germany and Austria, and is now available for direct order and delivery to customers. Nuceiva is approved by the European Commission for the temporary improvement in the appearance of moderate to severe vertical lines between the eyebrows seen at maximum frown , when the severity of the above facial lines has an important psychological impact in adults below 65 years of age2. "We are excited to introduce Nuceiva to customers in Germany and Austria, the second largest aesthetic toxin market in Europe1," said David Moatazedi, President and CEO of Evolus Inc. "Entering this dynamic European market is the latest in a series of geographical expansion milestones that will help fuel Evolus' above market average growth in the underpenetrated aesthetic neurotoxin market."
DOX

Hot Stocks

08:52 EST Amdocs selected by Melon Digital to launch MVNE platform - Amdocs announced that Melon Digital, a new digitally-led mobile virtual network enabler based in South Africa, has selected Amdocs' Digital Brands Suite as a Service to provide customer care and monetization capabilities in a SaaS-based solution powered by Amazon Web Services.
SYTA

Hot Stocks

08:51 EST Siyata Mobile launches T600 Cellular Booster for T-Mobile 5G customers - Siyata Mobile announced the launch of the Siyata T600 Cellular Booster for T-Mobile 5G enterprise customers. The T600 Cellular Booster is designed to enhance signal strength and improve reception for T-Mobile 5G enterprise customers. This device is intended to deliver crystal clear voice quality and lightning-fast data speeds, ensuring that users stay connected and productive.
VRAR

Hot Stocks

08:50 EST Brightline Interactive signs CRADA with U.S. NSWCDD - Brightline Interactive announced the signing of a Cooperative Research and Development Agreement with the United States Naval Surface Warfare Center, Dahlgren Division for the adaptation of immersive technologies. Brightline Interactive provides system architectures and integrated technology components, such as simulator systems, necessary to deploy complex, end-to-end Immersive Hyperscale Environments. These are high performance, cloud-centric, computing platforms that incorporate artificial intelligence elements enabling high-level, cost-effective simulations between the real and virtual worlds.
CYTO

Hot Stocks

08:48 EST Altamira files provisional patent application for OligoPhore nanoparticles - Altamira Therapeutics filed a provisional patent application with the United States Patent and Trade Office to provide broad coverage of different KRAS mutations in human cancer treatment with nanoparticles comprising the Company's OligoPhore platform and a single siRNA sequence. The provisional patent describes novel nanoparticle compositions based on OligoPhore, Altamira's peptide-based oligonucleotide delivery platform or derivatives thereof, in combination with one siRNA sequence designed to silence KRAS. In contrast to small molecule inhibitors, that are designed to inhibit KRAS harboring one specific mutation, Altamira's approach, polyKRASmut, is polyvalent as it allows for silencing KRAS carrying any of the most abundant mutations described for this oncogene. The new filing is intended to expand Altamira's intellectual property related to its AM-401 development program for the treatment of KRAS-driven cancers.
RYTM

Hot Stocks

08:47 EST Rhythm Pharmaceuticals acquires Xinvento for upfront payment of $5M - Rhythm Pharmaceuticals announced that Rhythm's Netherlands subsidiary, Rhythm Pharmaceuticals Netherlands B.V. acquired Xinvento B.V., a Netherlands-based biotech company focused on developing therapies for congenital hyperinsulinism. CHI is a rare genetic disease in which cells secrete excess insulin, causing hypoglycemia, which can result in serious health outcomes including seizures, coma, permanent brain damage and death. Xinvento was founded in 2021 by Claudine van der Sande, an experienced biopharmaceutical leader who previously held positions at Roche and Sanofi, and whose first-hand experience as a caregiver to her son living with CHI inspired her mission to seek a more effective treatment for CHI patients. Ms. van der Sande partnered with Dr. Piet Wigerinck, a medicinal chemist who served as chief scientific officer of Galapagos for 10 years, to lead the scientific effort. Xinvento is developing novel investigational therapeutic candidates designed to improve the care of patients with CHI. Following the closing of this acquisition, Ms. van der Sande, Founder and CEO of Xinvento, will join Rhythm as Vice President, Head of CHI program, and will provide her deep subject matter expertise to the advancement of the CHI program. According to the terms of the acquisition agreement, Rhythm B.V. will purchase 100 percent of Xinvento's fully-diluted equity for an upfront payment of $5 million with an additional payment of up to $6 million in preclinical development milestones and up to an additional $50 million payable upon certain U.S. or EU regulatory approvals. Rhythm B.V. will also pay up to an additional $150 million in certain commercial net sales milestones related to the lead candidate or a second molecule, in the event a second molecule is selected, developed and approved.
IMMX

Hot Stocks

08:46 EST Nexcella treats 50 patients with CAR-T NXC-201 in Phase 1b/2a trial - Nexcella announced 50 relapsed/refractory multiple myeloma patients have already been dosed with next-generation CAR-T NXC-201 in its ongoing Phase 1b/2a clinical trial. Nexcella anticipates 100-patient open-label total enrollment to seek U.S. FDA BLA approval. Robust enrollment of up to 5 patients per month continues in the NXC-201 ongoing Phase 1b/2a clinical trial. Nexcella is on track to present this 50-patient cohort multiple myeloma data later this year at a premier scientific forum.
PRCH

Hot Stocks

08:45 EST Porch Group's V12 rebrands Porch Group Media - V12, subsidiary of Porch Group, announced its rebrand to Porch Group Media, reflecting its transformation to a provider of proprietary first-party audiences and managed media network solutions offered through the Porch Group Media Network, the first media network to target movers and homeowners with insights into more than 90% of all U.S. homebuyers per year. "Dozens of brands are utilizing our custom audiences and media and advertising packages across channels including CTV, email, direct mail, digital and social. These clients have seen tremendous results by being able to better target the right consumers for acquisition and retention and see measurable results with our suite of attribution tools," said Kym Vance, Porch Group Media's CRO. "We are excited for this next chapter of growth and to be able to offer brands such a robust and unique set of tools to help them succeed."
MPRAU NVNI

Hot Stocks

08:43 EST Mercato Partners Acquisition, Nuvini announce business combination transaction - Nvni Group and Mercato Partners Acquisition Corporation (MPRAU), a publicly-listed special purpose acquisition company, announced that they have entered into a business combination agreement by and among NewCo, Nuvini Holdings Limited, Nuvini Merger Sub, Inc. and Mercato. Upon completion of the proposed business combination, the combined company will operate under the "Nuvini" name and its ordinary shares are expected to be listed on the Nasdaq Stock Market under the ticker symbol "NVNI." The business combination is expected to provide the Nuvini Group with access to the public equity capital markets and thereby position it to continue growing its portfolio of SaaS companies. Following the closing of the business combination, Nuvini's founder Pierre Schurmann will continue as Chief Executive Officer and Luis Busnello will continue as Chief Operating Officer of the combined company. The estimated pro forma enterprise value of the combined company is $312M, including an anticipated $23M in cash net of Nuvini debt at the time of closing, assuming no further redemptions by Mercato's existing stockholders. The transaction, which has been unanimously approved by the boards of directors of Nuvini and Mercato, is subject to approval by the stockholders of Nuvini and Mercato, respectively, and other customary closing conditions. The proposed business combination contemplates that Nuvini shareholders will roll 100% of their equity holdings into the combined company and will hold approximately 70% of the issued and outstanding ordinary shares of the combined company immediately following the consummation of the transaction, assuming no redemptions by Mercato's existing public stockholders and no exercise of Mercato's currently outstanding warrants.
IMNN

Hot Stocks

08:42 EST Imunon, Break Through Cancer commence enrollment in Phase 1/2 study - IMUNON announces the commencement of patient enrollment in a collaboration to evaluate IMUNON's IMNN-001 in combination with bevacizumab in patients with advanced ovarian cancer. The trial is now active at the University of Texas MD Anderson Cancer Center. IMNN-001 is a DNA-based interleukin-12 immunotherapy currently in Phase 2 clinical development for the localized treatment of advanced ovarian cancer. This new Phase 1/2 study, titled "A Phase I/II Study Evaluating the Effect of IMNN-001 on Minimal Residual Disease as determined by Second Look Laparoscopy when Administered in Combination with Bevacizumab and Neoadjuvant Chemotherapy in Subjects Newly Diagnosed with Advanced Ovarian, Fallopian Tube or Primary Peritoneal Cancer" is expected to enroll 50 patients with Stage III/IV advanced ovarian cancer and is being led by principal investigator Amir Jazaeri, M.D., Professor of Gynecologic Oncology and Reproductive Medicine at MD Anderson. Patients undergoing frontline neoadjuvant therapy will be randomized 1:1 to receive standard chemotherapy vs. chemotherapy plus IMNN-001. The primary endpoint is detection of minimal residual disease by second look laparoscopy and the secondary endpoint is progression-free survival. Initial SLL data are expected within one year from the completion of enrollment and final PFS data are expected approximately three years from the completion of enrollment. This trial will also include a wealth of translational endpoints aimed at understanding the clonal evolution and immunogenomic features of the MRD phase of ovarian cancer that is currently undetectable by imaging or tumor markers.
AIRI

Hot Stocks

08:42 EST Air Industries awarded new contracts worth $3M for turbine engine components - Air Industries Group announced that it has been awarded new contracts worth $3M for turbine engine components. Lou Melluzzo, CEO of Air Industries, commented: "Our Sterling Engineering subsidiary has received a new contract from a long-established customer. The component is a Support Nozzle used in high pressure turbine engines for onboard electric power generation on large ships. "Our Connecticut operation is starting to see a resurgence of activity for both turbine engine work and rotorcraft components. "Earlier this month our Sterling subsidiary also received an important order for a flight critical component for the CH-53K. This marks the second order received on this major new helicopter platform and it follows a previously announced $5.2 million Long-Term Agreement for Chaff Pods for the CH-53K in late 2021. The CH-53K is a sea-based, long range, heavy-lift helicopter providing three times the lift capability of its predecessor. "In recent months we have seen an increase in bookings of new business for both our Long Island and Connecticut subsidiaries. For the last three months ending January 31, 2023 our consolidated monthly bookings represented a 168% increase over the monthly average for the previous nine months. This is an encouraging trend."
VRSSF

Hot Stocks

08:41 EST Verses Technologies announces convertible debenture financing up to C$5M - VERSES Technologies announced a non-brokered private placement of unsecured convertible debentures units of the Company at a price of C$1,000 Unit for gross proceeds of up to C$5,000,000. Each Unit will consist of: C$1,000 principal amount unsecured convertible debentures of the Issuer; and (ii) 350 detachable warrants to purchase Class A Subordinate Voting shares of the Issuer. Each Convertible Debenture will mature on the date that is 12 months from the date of issuance of the Convertible Debenture. On the Maturity Date, the outstanding principal amount of the Convertible Debentures shall be repaid in cash. The Principal Amount shall be convertible, for no additional consideration, upon the closing of an Equity Financing into such number of Equity Securities as is equal to the Principal Amount divided by the Equity Financing Price.
TWI

Hot Stocks

08:40 EST Titan, USW call for restrictions on products made from Russian Petroleum import - Titan International and United Steelworkers, USW, called for restrictions on downstream products made from Russian petroleum inputs, citing in particular concerns over imports of off-the-road tires from India. Paul Reitz, President and Chief Executive Officer of Titan International, stated, "Imports of Indian OTR tires increased by close to 38% in 2022 compared to 2021. India was not among the nations to ban imports of Russian oil products, including the production of the by-product, carbon black, which is a key ingredient the production of OTR tries. It is vital to our industry that we intensify our efforts to bring light to and close loopholes in the issued sanctions to Russia."
TGNA

Hot Stocks

08:40 EST Tegna extends outside date for merger with Standard General to May 22 - On February 22 TEGNA and Standard General announced that TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired by the Standard General affiliate for $24 per share in cash. TEGNA stockholders voted to approve the transaction at the special meeting of stockholders held on May 17. On February 21 , TEGNA elected, pursuant to the terms of the Merger Agreement, to extend the Outside Date from 5:00 p.m. Eastern time on February 22 to 5:00 p.m. Eastern time on May 22, . All waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the Merger and related transactions have expired. The closing of the transaction remains subject to the approval of the Federal Communications Commission and customary closing conditions. On February 24 , the FCC issued a hearing designation order with respect to the transaction. TEGNA is currently evaluating its options.
RSTN

Hot Stocks

08:39 EST RDE's Restaurant.com gains 38% new customers in Q4 - RDE announced 38% in year-over-year new customer growth for Q4 2022. Restaurant.com's data shows more people were looking to get out of the house to dine with a discount this holiday season.
BCAB VTRS

Hot Stocks

08:38 EST BioAtla president Scott Smith departs - BioAtla (BCAB) announced that its President, Scott Smith, will be leaving the Company to pursue a new opportunity as CEO at Viatris (VTRS). Scott will continue his relationship with BioAtla by serving as a Board of Directors member for the Company.
VVPR

Hot Stocks

08:37 EST VivoPower enters distribution agreement with Ulti-Mech in Western Australia - VivoPower International announced that it has signed a definitive agreement with Ulti-Mech for Ulti-Mech to market, distribute and service Tembo-powered electric utility vehicles across Western Australia, home to half of Australia's mines and the leading destination in the world for mining investment. Under the Agreement, Ulti-Mech has committed to sell a minimum of 1,000 Tembo EV conversion kits from execution of this Agreement over the next 5 years across Western Australia. Ulti-Mech will be responsible for acquiring utility vehicles, converting the vehicles to ruggedised Electric Utility Vehicles using Tembo conversion kits, selling the units to end-customers and providing after-sale servicing and maintenance with support from Tembo.
RCON

Hot Stocks

08:37 EST Recon Technology announces progress on development of new electric pump - Recon Technology announced that a mainland China variable interest entity's subsidiary, Nanjing Recon Technology, has achieved preliminary progress on the research and development of a new energy-efficient electric pump that is being conducted at some oilfield sites in China. Through 18 months of on-site testing, the lab data shows the R&D work has achieved initial experimental results. Electric pumps in oilfield use a lot of energy, signifying great market potential for energy-efficient upgrading. Direct-drive permanent magnet synchronous motor are used as electric pumps in the oilfield water injection process, which are significantly more efficient than the conventional three-drive motors. Shenping Yin, Founder and CEO of Recon commented: "Each machine is expected to help save electricity expenses by RMB100,000 yuan per year. The oilfield company we launched the R&D project with has about 1,500 water pumps and is highly motivated to upgrade to more energy efficient pumps... We expect to set the price of our new electric pump at hundreds of thousands of RMB per unit and we are also in talks with some prospective clients and anticipate receiving about 20 to 30 orders in 2023."
RUM

Hot Stocks

08:36 EST Power Slap live finale to stream exclusively on Rumble - Rumble announced that Power Slap 1: Darius the Destroyer vs. Wolverine, the live finale of the flagship series Power Slap: Road to the Title, will be streamed exclusively on Rumble. The live finale event is a global stream, available to all fans worldwide for free, only on Rumble. Power Slap 1 will take place Saturday, March 11, at the UFC APEX in Las Vegas, Nevada. The event begins at 9 p.m. ET/6 p.m. PT. Four champions will be crowned at the heavyweight, light heavyweight, middleweight and welterweight classes during the event. Power Slap 1 will be available via Rumble's desktop and mobile web formats, as well as Rumble's apps across mobile and TV, including Apple iOS, Android, Fire TV, Roku, Apple TV, Android TV, and LG TV.
SILC

Hot Stocks

08:35 EST Silicom secures design win for one of its Edge Networking products - Silicom announced that it has secured another Design Win for one of its pioneering Edge Networking products. The customer, a leading Secure Access Service Edge, SASE, vendor, has already placed an initial deployment order that will be delivered by Silicom during the first half of 2023. In addition, Silicom and the customer are working together on a wireless Edge Networking solution that will support additional use cases, further expanding the business potential of the relationship. "This strategic win, added to our growing roster of SASE and other Edge related design wins, clearly demonstrates that our Edge Networking momentum is building far beyond the SD-WAN space," commented Liron Eizenman, Silicom's CEO. "The 'package' of advantages we offer, including the market's broadest portfolio of Edge Networking offerings, attractive price points, exceptional customization capabilities and our strong relationship with Intel, is proving to be compelling for all types of market players: not just solution vendors, but also telcos, service providers and more.
BKYI

Hot Stocks

08:35 EST City of Brawley, CA selects BIO-key's PortalGuard IDaaS platform - BIO-key International announced that the City of Brawley, CA selected its PortalGuard IDaaS platform for improved security for web application and workstation access. The public sector continues to adopt BIO-key IAM solutions that support zero trust initiatives to protect critical data and information technology infrastructure and prevent cyber incidents.
ATNF

Hot Stocks

08:34 EST 180 Life Sciences announces presentation at the Gordon Conference - 180 Life Sciences announced that Professor Jagdeep Nanchahal has been selected to present at the Gordon Research Conference on "Physiological and Disease Relevance and Underlying Molecular Properties of Collagens", at Colby-Sawyer College, New London, New Hampshire, from July 9 - 14, 2023. Jagdeep Nanchahal, Professor of Hand, Plastic and Reconstructive Surgery at the University of Oxford and chairman of the clinical advisory board of 180 Life Sciences will be presenting his findings on Dupuytren's disease. His team has been the leaders in the modern application of molecular and single cell techniques to describe the cellular composition of early-stage Dupuytren's nodules. This detailed analysis has unraveled the signaling pathways that drive the progression of the disease. They identified tumor necrosis factor as a potential therapeutic target, followed this up by a phase 2a trial to identify the optimal dose and formulation of adalimumab and then performed an original, very challenging phase 2b clinical trial. We believe the trial was successful as the trial succeeded in achieving its primary and secondary endpoints with statistical significance.
SABR

Hot Stocks

08:34 EST Sabre, Royal Jordanian renews, expands distribution, technology agreement - Sabre Corporation and Royal Jordanian Airlines, the national carrier of the Kingdom of Jordan, announced the renewal and expansion of a long-term distribution and technology agreement to continue to distribute the carrier's content through Sabre's global distribution system and to utilize Sabre's leading technology to achieve its strategic goals. Under the expanded agreement, Royal Jordanian will continue distributing its content to the large network of travel agents and corporations worldwide connected to Sabre's GDS. "We have ambitious plans to double our fleet and operations within the coming 3-5 years and to position Royal Jordanian as the carrier of choice connecting Jordan and Levant with the world," said Karim Makhlouf, chief commercial officer, Royal Jordanian. "Our extended technology partnership with Sabre will help us deploy the most robust and advanced technology to enable our growth plans, help us drive profitability and improve our efficiency while staying on top of today's ever-changing airline landscape. We are excited to continue partnering with Sabre at this exciting time."
AGRX

Hot Stocks

08:33 EST Agile Therapeutics granted 180-day extension to regain Nasdaq compliance - Agile Therapeutics announced that it has received written notification from the Listing Qualifications Department of the Nasdaq Stock Market granting the Company's request for a 180-day extension to regain compliance under Nasdaq Listing Rule 5550(a)(2). The Company now has until August 14, 2023 to meet the requirement. The extension notice 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 "AGRX." If at any time prior to the Compliance Date, the bid price of the Company's common stock closes at, or above, $1.00 per share for a minimum of ten consecutive business days, the Nasdaq Listing staff will provide the Company with written confirmation of compliance and the matter will be closed. On August 15, 2022, the Company was notified by the Nasdaq Listing Qualifications Department of Nasdaq of its failure to maintain a minimum bid price of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The Company originally had 180 calendar days, or until February 13, 2023 to regain compliance. The Company will continue to monitor the bid price of its common stock. If the Company does not meet the minimum bid price requirement prior to the Compliance Date, the Nasdaq Listing Qualifications Department will notify the Company the Company that its common stock will be subject to delisting. At such time, the Company may appeal the delisting determination to the Nasdaq Hearings Panel. There can be no assurance that if the Company does appeal a subsequent delisting determination, that such appeal will be successful.
ANIX

Hot Stocks

08:32 EST Anixa Biosciences issued NoA from USPTO for breast cancer vaccine technology - Anixa Biosciences announced that the U.S. Patent and Trademark Office, USPTO, has issued a Notice of Allowance, NoA, broadening protection of Anixa's novel breast cancer vaccine technology. This technology was invented and developed at Cleveland Clinic and Anixa is the exclusive worldwide licensee. The patent is titled, "Vaccine Adjuvants and Formulations," and the lead inventor is the late Dr. Vincent Tuohy, of Cleveland Clinic. This patent covers additional intellectual property related to the formulation of Anixa's breast cancer vaccine. "We are pleased to receive this notice of allowance from the USPTO, confirming additional protection of our breast cancer vaccine technology," stated Dr. Amit Kumar, Chairman and CEO of Anixa. "This breast cancer vaccine has the potential to prevent Triple Negative Breast Cancer, the deadliest form of breast cancer, and perhaps other forms of breast cancer that express alpha-lactalbumin. With our partners at Cleveland Clinic, we are currently performing clinical trials of this vaccine, and plan to present data from the trial at the annual meeting of the American Association for Cancer Research in April."
HBRM

Hot Stocks

08:32 EST Herborium Group to join Faire B2B Wholesale Marketplace - Herborium Group announced that is joining Faire B2B Wholesale Marketplace to expend its domestic and internal market access and further grow its brands.
ROL

Hot Stocks

08:30 EST Rollins announces new credit agreement - Rollins announced that the Company entered into a new credit agreement which provides for a $1.0B senior unsecured revolving credit facility which refinanced the Company's existing credit facility that was scheduled to mature in April 2024. "We are excited to announce the closing of this new facility that helps modernize our capital structure enabling us to continue to execute our balanced capital allocation strategy," said Kenneth Krause, Executive Vice President, CFO & Treasurer. "While we expect to continue to drive strong cash flow performance that will continue to support our growth strategy, this new facility provides us enhanced optionality and flexibility that is commensurate with our investment grade profile," Krause added.
ATAK

Hot Stocks

08:29 EST Aurora Technology, DIH enter definitive business combination agreement - DIH Holding US and Aurora Technology Acquisition announced they have entered into a definitive business combination agreement that will result in DIH becoming publicly listed. Upon the closing of the transaction the SPAC will domesticate from the Cayman Islands to Delaware. The combined company will be named DIH Holding US, Inc. and its securities are expected to be listed on Nasdaq. Management Commentary: Zachary Wang, CEO and Chairman of ATAK's board of directors, commented, "DIH has built an advanced healthcare technology platform that serves as a leading provider of smart technology in the human rehabilitation and performance industry. We launched Aurora Technology Acquisition Corp, to identify and collaborate with innovative companies that have the potential for multi-national expansion. Built by Asian-American healthcare experts with decades of experience managing global healthcare operations, DIH is an ideal match for our target profile." Transaction Overview: The estimated pro forma enterprise value of the combined company is $321.9M, including an anticipated $20.0M of DIH net debt at the time of closing, and $58.3M of cash held in the trust account of ATAK, subject to redemptions. In addition, equity holders of DIH shall be entitled to receive up to $60.0 million of common shares of the combined company depending on certain stock price-based thresholds being achieved within five years from the closing of the transaction. The transaction, which has been unanimously approved by the boards of directors of DIH and ATAK, is subject to approval by the stockholders of DIH and ATAK, respectively, and other customary closing conditions.
SANG

Hot Stocks

08:29 EST Sangoma Technologies appoints Norman Worthington as interim executive chairman - Sangoma Technologies announced that its Board of Directors has appointed Norman Worthington, Chair of the Company's Board, as Interim Executive Chairman, effective immediately. Mr. Worthington succeeds Bill Wignall, who is no longer with the Company. The Board will immediately begin a search for a permanent CEO. With Mr. Worthington taking on an executive role, the Board has also appointed Allan Brett to serve as lead independent director. In addition to Bill Wignall departing as President, CEO and director, David Moore has departed as EVP, Corporate Development with immediate effect.
ENPH

Hot Stocks

08:27 EST Enphase Energy expands IQ8 microinveter deployments in Pennsylvania - Enphase Energy announced today that installers of Enphase products in Pennsylvania have seen growing deployments of Enphase Energy Systems powered by IQ8TM Microinverters.
J

Hot Stocks

08:27 EST Jacobs appointed strategic technical partner by NWG - Jacobs was selected by Northumbrian Water Group, NWG, as a strategic technical partner to support delivery of the water company's future asset investment programs across its Northumbrian Water and Essex & Suffolk Water regions in the U.K. Through an eight-year framework, Jacobs will provide end-to-end technical and strategic planning support to NWG's portfolio to help deliver customer value, manage risk and meet affordability requirements. "As water issues intensify, so does the need for long-term integrated, smarter water management decisions across the complete asset life cycle," said Jacobs People & Places Solutions Senior Vice President Europe Kate Kenny. "We'll be working with Northumbrian Water Group to challenge current approaches and explore alternative ways to help them maintain a sustainable and resilient business, provide best service to customers, and realize long-term goals around zero carbon and nature-based solutions."
SRGXF

Hot Stocks

08:26 EST Surge Copper announces assay results from Berg Property - Surge Copper announced complete assay results for 4 holes from the Bergette target on the Company's Berg Property in British Columbia. These are the first holes drilled by Surge at the historic Bergette target and, combined with new geologic and geophysical work, are helping to demonstrate the potential of the large Bergette system. Highlights: Hole BGT22-01 returned 143 metres grading 0.29% copper equivalent from 3 metres depth, including 55 metres of 0.42% copper equivalent and 18 metres of 0.68% copper equivalent; Hole BGT22-02 returned 176 metres grading 0.29% copper equivalent from 8 metres depth, including 154 metres grading 0.31% copper equivalanet and 16 metres grading 0.70% copper equivalent; Hole BGT22-02 is the longest mineralized intercept encountered at the Bergette target to date, and mineralization correlates with moderate induced polarization chargeabilty values and strong magnetic geophysical response, providing good targeting critera for additional exploration; Results for 6 drill holes from the Sibola and Sylvia targets are pending/ Leif Nilsson, Chief Executive Officer, commented: "The Bergette target is one of the more advanced exploration targets in this district, with some shallow historical drill intercepts, and extensive soil sampling across the target area. Surge has acquired new exploration data covering the target area, including airborne ZTEM and magnetics, ground-based IP, and surface sampling, and during the 2022 regional exploration program, completed four holes from three locations across the target area, each separated by over a kilometre. These results, consistent with some of the historical drill results, demonstrate some compelling grades close to surface, and will provide us with better constraining information to improve targeting. The overall size of geophysical and geochemical anomalies across the target area, and proximity to infrastructure underscore the quality of Bergette as an exploration target."
DRIO

Hot Stocks

08:25 EST DarioHealth announces new clinical studies to be presented at ATTD 2023 - DarioHealth announced two new clinical studies presented at the 16th International Conference on Advanced Technologies and Treatments for Diabetes, ATTD, 2023, which was held February 22-25 in Berlin. One of the studies demonstrated improved clinical outcomes in users with Type 2 diabetes and provided further analysis to understand the mediating effects of live human coaching and digital interventions across the Dario user journey. The second study demonstrated Dario's ability to reduce hypoglycemic events in older adults with a digital chronic condition management solution. To better understand the impact of human coaching in a digital journey, Dario's research team examined the data from 712 higher-risk members engaged in Dario's diabetes solution to manage Type 2 diabetes, split into two groups: those members engaged with a coach and a matched group of those who did not interact with a coach at all. Across both groups, the study demonstrated clinically significant reductions in monthly average blood glucose during a 12-month period. Further analysis yielded insights on the meditating effects of blood glucose monitoring and digital engagement and overall, the data suggest that coaching can be used to optimize engagement in a more targeted fashion to achieve improved clinical outcomes. This research provides evidence that the use of coaching in a digital health solution may have a positive impact on behaviors and outcomes and, when deployed in a targeted and intelligent manner, can play a significant role in supporting more effective personalized support. Older adults have a higher risk of severe hypoglycemia, which can raise the risk of other serious health conditions such as cardiovascular events and drive costs through fall-related events and visits to the Emergency Department. Dario examined the data from 2,844 users aged 67 and older living with Type 1 or Type 2 diabetes over a period of one year. The data showed a significant reduction of both level 1 and level 2 hypoglycemic events through the use of digital engagement: Level 1 hypoglycemic events, or a blood glucose readings less than 70 mg/dL, were reduced by 31% after 6 months with results sustained through 12 months of engagement. Level 2 hypoglycemic events, or blood glucose readings less than 54 mg/dL, were reduced by 53% after 6 months with results sustained through 12 months of engagement.
WEL

Hot Stocks

08:25 EST Integrated Wellness, Refreshing USA file form S-4 Registration Statement - Integrated Wellness Acquisition and Refreshing USA, an independent automated and unattended retailer, announced the filing of a registration statement on Form S-4 by IWAC Holdings, which contains a preliminary proxy statement/prospectus, with the U.S. Securities and Exchange Commission in connection with their recently announced proposed business combination. On February 10, 2023, Integrated Wellness and Refreshing announced their entry into a definitive agreement and plan of merger relating to a business combination that would result in Refreshing becoming a public company upon the closing of the proposed transaction. The Transaction is expected to close in the first half of 2023 and is subject to approval by Integrated Wellness' shareholders, regulatory approval, and other customary closing conditions.
UPH

Hot Stocks

08:24 EST UpHealth announces sale of IGI to Belmar Pharma Solutions for $56M - UpHealth reached a definitive agreement to divest Innovations Group, including its compounding pharmacy subsidiary, MedQuest Pharmacy, Inc., to Belmar Pharma Solutions for approximately $56 million in gross proceeds. The transaction is expected to close in May and is subject to customary closing conditions. Bourne Partners acted as exclusive financial advisor to UpHealth on the transaction.
SHLS

Hot Stocks

08:23 EST Shoals Technologies appoints Jeffery Tolnar as interim CEO - Shoals Technologies announced the appointment of Jeffery Tolnar, President, to Interim Chief Executive Officer upon the departure of Chief Executive Officer Jason Whitaker, as previously communicated. Tolnar will succeed Mr. Whitaker in an interim role. Following completion of an extensive search and vetting process, Shoals' Board of Directors intends to identify a permanent Chief Executive Officer. Tolnar was appointed President of Shoals after successfully launching the Company's eMobility business unit. As President and Interim CEO, Mr. Tolnar will continue to be responsible for leading the Company's growth, operational excellence, technology development and product innovation.
BFI

Hot Stocks

08:22 EST BurgerFi announces additional shareholder support - BurgerFi International announced that the Company has received additional shareholder support in the Company's efforts to continue its growth and development. Ophir Sternberg, Executive Chairman of the Board of BurgerFi and Founder & CEO of Lionheart Capital, along with certain senior members of the BurgerFi management team, have increased their respective investment in BurgerFi through the purchase of 1.5 million shares of BurgerFi common stock from an affiliate of L Catterton. Following such purchase, Lionheart, together with its founder, Ophir Sternberg, alongside with the BurgerFi management team, are collectively now the largest shareholders in the Company. In addition, pursuant to the terms of the Company's credit agreement, as amended, L Catterton has provided an additional $5.1 million of financing to the Company through a junior secured promissory note with 4% interest accrued to maturity in September 2027. In connection with this investment, the BurgerFi Board of Directors was expanded to seven members and the terms and conditions of the Series A Preferred Stock of the Company, currently held by an affiliate of L Catterton, were amended to allow for the nomination of an additional member of the Board of Directors and certain other protective provisions. As a result, David Heidecorn, Senior Advisor to L Catterton, was appointed as a Director to serve alongside to the existing members of the Board of Directors.
INVZ

Hot Stocks

08:22 EST Innoviz Technologies expands German footprint with new Munich office - Innoviz Technologies announced it has officially opened a new office in Munich, Germany. The new office offers proximity to key customers and partners for greater collaboration and execution, as well as for new business opportunities. The new Munich office inhabits sales and engineering staff and has a place for hosting meetings and demos. Innoviz plans to hire locally as its project portfolio is likely to continue to ramp up. "We are expanding Innoviz's operations globally, and a Munich office is an important move for us as we execute on our design wins with key customers such as Volkswagen and BMW. Germany is one of the leading automotive markets and it is a top priority for us to maintain good relationships with our customers and continue to grow our business in the region" said Innoviz CEO and Co-Founder Omer Keilaf.
PDSB

Hot Stocks

08:20 EST PDS Biotechnology completes FDA meeting for PDS0101, PDS0301, ICI combo - PDS Biotechnology announced the successful completion of a Type B meeting with the U.S. Food and Drug Administration for a combination therapy of PDS0101, PDS0301 and an FDA-approved immune checkpoint inhibitor for the treatment of recurrent/metastatic human papilloma virus (HPV)-positive, ICI refractory head and neck cancer. Head and neck cancers are the most common of all HPV-positive cancers and the number of cases is growing rapidly, according to the National Cancer Institute (NCI), one of the National Institutes of Health. There remains a critical unmet medical need to develop new treatment options for patients who have failed treatment with ICIs. In recent interactions with the FDA, PDS Biotech has confirmed the required contents of the study design for a potential registrational trial of the combination of PDS0101, PDS0301 and a commercial immune checkpoint inhibitor. PDS0101, PDS Biotech's lead candidate, is a Versamune based investigational immunotherapy designed to stimulate a potent targeted T cell attack against HPV16-positive cancers. PDS0301 is a novel, proprietary investigational tumor-targeting fusion protein of Interleukin 12 that enhances the proliferation, potency and longevity of T cells in the tumor microenvironment, and is designed to overcome tumor immune suppression utilizing a different mechanism from checkpoint inhibitors. The combination of Versamune and IL-12 is patented by PDS Biotech. In a National Cancer Institute-led clinical trial in advanced HPV-positive ICI refractory patients, the combination of PDS0101 and PDS0301 administered with an investigational bi-functional ICI resulted in a median overall survival of 21 months, which compares favorably to the historical median survival of 3-4 months.
TGI

Hot Stocks

08:17 EST Triumph Group announces proposed private offering of senior secured notes - Triumph Group announced that it has commenced a refinancing of its outstanding secured bonds, through an offering of $1.2 billion aggregate principal amount of senior secured first lien notes due in 2028. The Notes will be guaranteed by the same subsidiaries that guaranty Triumph's 7.750% Senior Notes due 2025, and will be secured by first-priority liens on substantially all of the Company's and the Guarantors' assets. Triumph intends to use the net proceeds from the Notes Offering to redeem or otherwise acquire all of its outstanding 8.875% Senior Secured First Lien Notes due 2024 and 6.250% Senior Secured Notes due 2024. Subject to the successful completion of the Notes Offering, the Company intends to redeem all of the outstanding Existing First Lien Notes.
ALIM

Hot Stocks

08:15 EST Alimera Sciences appoints Roger Sawhney to board of directors - Alimera Sciences announces the addition of Roger Sawhney, M.D. to its Board of Directors. Dr. Sawhney is presently the Chief Financial Officer for Garuda Therapeutics, a company creating off-the-shelf, durable blood stem cell therapies. Dr. Sawhney will fill the position vacated by long term board member, Dr. Brian K. Halak.
OTIS

Hot Stocks

08:15 EST Otis Worldwide appoints Sally Loh as President, Otis China - Otis Worldwide announces the appointment of Sally Loh as President, Otis China, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective March 1, Loh will succeed Perry Zheng, who will return to Otis World Headquarters in the newly created role of Executive Vice President, Chief Product, Delivery and Customer Officer. Loh has been with Otis for 23 years, working closely alongside Zheng for several years. She was most recently Chief Operating Officer responsible for day-to-day business operations of Otis China.
GOOG GOOGL

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08:14 EST User reports indicate issues with Gmail, says Downdetector - Reference Link
LDOS RYCEY

Hot Stocks

08:14 EST Leidos selects Thomas Bell as incoming CEO - Leidos (LDOS) announced the appointment of Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023. Bell, current President - Defense Rolls-Royce (RYCEY); Chairman & Chief Executive Officer, Rolls-Royce North America, will succeed current Chairman and CEO, Roger Krone, who has served in the role since 2014. Krone will retire as Chairman at the time of the Leidos 2023 annual meeting of stockholders, and CEO when Bell's appointment becomes effective. The Board expects to appoint Robert Shapard independent, non-executive chair after the 2023 annual meeting of stockholders and will also nominate Bell to the Board. To facilitate a seamless leadership transition, Krone will continue as a fully employed advisor through July of this year.
CRNC

Hot Stocks

08:13 EST Cerence partners with Yanfeng to simplify in-car communication - Cerence announced that it will partner with Yanfeng Visteon Automotive Electronics Co. Ltd. to provide AI-powered communication technologies for SAIC-GM's Buick CENTURY. Yanfeng will leverage Cerence In-Car Communication as part of an innovative infotainment system designed specifically for the Buick CENTURY, making SAIC-GM one of the first automakers to leverage ICC in China.
APGN

Hot Stocks

08:12 EST Apexigen announces review of strategic alternatives, 55% workforce reduction - Apexigen engaged Ladenburg Thalmann & Co. to evaluate strategic alternatives for the Company with the goal of maximizing stockholder value. As part of this process, the Company will explore the potential for an acquisition, company sale, merger, divestiture of assets, licensing, or other strategic transactions. There can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions, or that, if completed, any agreements or transactions will be successful or on attractive terms. The Company does not expect to disclose or provide an update concerning developments related to this process until the Company enters into definitive agreements or arrangements with respect to a transaction or otherwise determines that other disclosure is necessary or appropriate. Apexigen will also implement a corporate restructuring to extend its cash runway as it reviews and explores strategic alternatives. As part of the restructuring, Apexigen plans to reduce its workforce by 55%.
SATX

Hot Stocks

08:11 EST Satixfy Communications to supply chips to Astrome - SatixFy Communications announced a deal to supply its chips to Indian-based telecommunications solutions provider Astrome, marking SatixFy's entrance into the terrestrial 5G market and a direct foothold into the Indian market. Astrome, headquartered in Bengaluru, India and with offices in the U.S. and France, provides gigabit speed wireless solutions to telecom service providers, Private Networks/Enterprises, and Defense organizations. Astrome is focused on delivering GigaMesh, a multi-gigabit wireless X-haul radio to accelerate the deployment of 5G in suburban areas and broadband in rural areas. SatixFy's PRIME 1 beamformer chip will power Astrome's Next-Gen GigaMesh product, which is one of the only point-to-multi-point E-band high-speed link for terrestrial 5G in the world. The PRIME 1 beamformer chip, initially developed as a key building block for SatixFy's satellite antenna systems, supports up to 32 antenna elements and can be digitally connected to other PRIME chips to rapidly build a range of antennas. The PRIME 1 chip was developed with the support of the UK Space Agency via the European Space Agency's ARTES Core Competitiveness Programme.
AVTA

Hot Stocks

08:11 EST Avantax announces preliminary results of tender offer - Avantax announced the preliminary results of its modified "Dutch auction" tender offer for up to $250 million of its common stock at a price per share not less than $27.00 and not more than $31.00, which expired at 12:00 midnight, New York City time, at the end of the day on February 24, 2023. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the depositary, the Company expects to repurchase a total of 8,333,333 shares of Company common stock through the tender offer at a price of $30.00 per share, for a total cost of $249,999,990, excluding fees and expenses. Based on the preliminary count by the depositary for the tender offer, a total of 8,876,199 shares of Company common stock were validly tendered and not validly withdrawn at or below the price of $30.00 per share, including 4,741,023 shares that were tendered through notice of guaranteed delivery. Because the tender offer was oversubscribed, the Company expects to purchase approximately 93.9% of the shares of stockholders who submitted auction tenders at a price of $30.00 or less per share and purchase price tenders. The total of 8,333,333 shares that the Company expects to accept for repurchase represents approximately 17.4% of the Company's total outstanding shares of common stock as of February 24, 2023. The Company does not expect to purchase any shares from stockholders who submitted auction tenders at a price in excess of $30.00 per share. As previously disclosed, the Company expects to fund the purchase of shares in the tender offer with cash on hand and borrowings under its delayed draw term loan facility.
LTBR

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08:10 EST Lightbridge, PNNL complete work under DOE GAIN Voucher - Lightbridge Corporation announced that it has successfully completed work under the U.S. Department of Energy's Gateway for Accelerated Innovation in Nuclear voucher program to support the development of Lightbridge Fuel, in collaboration with Pacific Northwest National Laboratory. Working in collaboration with PNNL, the project scope was to demonstrate Lightbridge's nuclear fuel casting process using depleted uranium, a key step in manufacturing Lightbridge Fuel. Several castings were performed throughout the project, and the cast ingots were analyzed. In an iterative process, the casting methodology was modified based on the characterization results as part of the process was a demonstration to achieve acceptable results with PNNL's existing equipment. The results of this work will help Lightbridge determine a final process suitable to produce fuel material coupons for our upcoming irradiation tests in the Advanced Test Reactor.
T NOW

Hot Stocks

08:09 EST AT&T and ServiceNow announce global telco solution - AT&T (T) and ServiceNow (NOW) announced a global telecom product to help communications service providers (CSPs) manage 5G and fiber network inventory. AT&T provided strategic design and technical guidance for the development of ServiceNow Telecom Network Inventory, which is built on the ServiceNow Platform and available for telcos globally today. The current approach to managing network inventory is complex and challenging. CSPs need a consolidated view of their networks and a consistent workflow to connect and action on data. Telecom Network Inventory helps to address these needs by providing a single platform that connects systems to maximize network investments, manage orders, improve customer service experiences, and enable business agility. AT&T plans to deploy the platform soon. "Working with ServiceNow to develop Telecom Network Inventory was a great collaboration to create a tool that could help us address an industry-wide challenge," said Jon Summers, senior vice president of information technology and chief information officer, AT&T. "As we approach our internal deployment, we also look forward to seeing how other operators around the globe might take advantage of it."
JETMF

Hot Stocks

08:09 EST Global Crossing Airlines announces U.S. DoD approval - Global Crossing Airlines Group announced that the US Dept. of Defense Commercial Airlift Review Board has approved GlobalX for entry into the DOD Air Transportation Program. This allows GlobalX to bid on and fly DOD contracts for the air transport of military units and service members.
ATNM

Hot Stocks

08:08 EST Actinium Pharmaceuticals to discuss results from Phase 3 trial of Iomab-B - Sandesh Seth, Actinium's Chairman and CEO, said, "We are honored that Dr. Giralt, who is instrumental in advancing the field of bone marrow transplant, will present the SIERRA data and frame how Iomab-B can address the unmet need for the majority of r/r AML patients who are not transplantable today. We are excited to move ahead with the BLA filing of Iomab-B in 2H:2023 following the highly positive, full results from the SIERRA trial which clearly established Iomab-B's ability to provide unprecedented access to a BMT to patients who currently not transplantable and to meaningfully improve outcomes. Additionally, we are enthused by the other consequential milestones we intend to achieve in 2023 including moving Actimab-A into late-stage development following our recent CRADA with the NCI, additional data and important studies with Iomab-ACT, the Early Access Program for Iomab-B and progress with our earlier stage solid tumor programs. Our current balance sheet of approximately $100 million is expected to fund operations through 2025 and will allow us to continue to create value from these important milestones and provide clarity on how Actinium could radically alter the treatment of r/r AML with Iomab-B and Actimab-A and dramatically improve outcomes".
GANX

Hot Stocks

08:08 EST Gain Therapeutics presents preclinical data from Gaucher Disease Program - Gain Therapeutics presented new pre-clinical data from its Gaucher disease program in a poster presentation at the 19th Annual WORLDSymposium held February 22-26, 2023, in Orlando, Florida. The data generated in an animal model of neuronopathic Gaucher disease show that GT-02329 restores beta-glucocerebrosidase activity, depletes accumulation of toxic lipid substrates, reduces neuroinflammation and improves neuromuscular function. The effect of Gain's small molecule structurally targeted allosteric regulators of GCase that act on lysosomal function was shown in studies conducted in the conduritol beta epoxide mouse model. CBE is a covalent inhibitor that causes a reduction in GCase activity by reacting with the catalytic site of GCase and inactivating the GCase enzyme, which results in neurological features that occur in nGD patients, including the accumulation of the toxic lipid substrate glucosylsphingosine. The data presented in the poster titled "GT-02329, a structurally targeted allosteric regulator of GCase, restores GCase activity, reduces microgliosis and improves fine locomotor skills in the CBE model of neuronopathic Gaucher's disease" demonstrated that: GT-02329 is orally bioavailable and brain penetrant, restored GCase activity, reduced accumulation of GCase substrates glucosylceramide and glucosylsphingosine, reduced a marker of inflammation, and improved neuromuscular function in a dose-dependent manner in CBE-injured mice treated with the compound.
RNA

Hot Stocks

08:07 EST Avidity Biosciences advances RNA programs, expands into new therapeutic areas - Avidity Biosciences announced the advancement and expansion of its internal discovery pipeline with the addition of new research and development candidates to treat conditions in skeletal muscle and cardiology. The preclinical programs have been engineered using Avidity's proprietary AOC platform technology. "With the revolutionary advancement of demonstrating the first-ever successful targeted delivery of RNA into muscle, we are keen to broaden the utility of the AOC platform. We are now pursuing new programs in skeletal muscle and cardiology and believe that there are many more opportunities where AOCs can address debilitating diseases previously unreachable with existing RNA therapies," said Sarah Boyce, president and chief executive officer at Avidity. "We look forward to advancing our own internal research and development programs as well as partnering with collaborators as we work to fulfill our mission to profoundly improve people's lives by delivering a new class of RNA therapeutics." Avidity continues to advance its three distinct rare disease Phase 1/2 programs in the clinic: AOC 1001 for myotonic dystrophy type 1, AOC 1020 for the treatment of facioscapulohumeral muscular dystrophy and AOC 1044 for the treatment of Duchenne muscular dystrophy (DMD) mutations amenable to exon 44 skipping. Avidity has decided not to pursue research and development programs in muscle atrophy and Pompe disease at this time.
LSEA BZH

Hot Stocks

08:06 EST Landsea Homes appoints Bakel as VP of Sales, McFarland as Director of Sales - Landsea Homes (LSEA) announced that Megan Bakel will serve as Vice President, VP, of Sales and Marketing and Dan McFarland as Director of Sales for the company's rapidly growing Florida Division. With more than 17 years of experience in the homebuilding industry, Bakel is well versed in all facets of new home sales and marketing. She joins Landsea Homes from Ryan Homes, where she most recently served as Regional Marketing Manager for the company's Orlando and Jacksonville markets. Prior to joining Landsea Homes, McFarland most recently served as Vice President of Sales for Beazer Homes' (BZH) Florida Division.
LHDX

Hot Stocks

08:06 EST Lucira Health announces FDA authorization of COVID-19 & Flu Home Test - Lucira Health announced that the U.S. Food and Drug Administration granted emergency use authorization for its Lucira COVID-19 & Flu Home Test for over the counter use at home and other non-laboratory sites. The Lucira COVID-19 & Flu Home Test is a molecular test that demonstrated similar performance for COVID-19 and Influenza A and B compared to highly sensitive lab-based PCR tests in clinical trials. Lucira's COVID-19 & Flu Home Test represents a breakthrough in diagnostic testing as the first at-home combination COVID-19 and Flu test, and as the first Flu test for OTC use at home in the United States in history. Until today, American consumers have never before been able to self-diagnose Flu at home. The easy-to-use, all-in-one combination test delivers results in 30 minutes or less from one shallow nasal swab.
BRAG CZR

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08:06 EST Bragg Gaming launches new content with Caesars Sportsbook in New Jersey - Bragg Gaming (BRAG) announced that it has launched its new content and Remote Game Server, or RGS, technology with Caesars Sportsbook (CZR) & Casino in New Jersey. The launch expands the reach of Bragg's new proprietary content in the U.S. and further demonstrates continued progress for the company's North American expansion strategy. The roll-out of Bragg's new content with Caesars in New Jersey extends an existing collaboration between the two online gaming companies in North America as Bragg also provides iGaming content to Caesars' players in New Jersey and Michigan through its Spin Games RGS. In addition, the company launched its new content and RGS technology with Caesars in Michigan last year. According to H2 Gambling Capital, the interactive casino market in New Jersey is on track to generate $1.8B in gross win in 2023.
WINT

Hot Stocks

08:05 EST Windtree Therapeutics to present istaroxime data - Windtree Therapeutics is targeting cardiogenic shock as a potential indication for its drug candidate, istaroxime. The Company announced that its abstract entitled "Safety and Efficacy of Istaroxime 1.0 and 1.5 microgram/kg/min for Patients with Pre Cardiogenic Shock" has been accepted for presentation at the Technology and Heart Failure Therapeutics Conference being held on March 20-22, 2023 in Boston, MA. The data are from the Company's SEISMiC Phase 2 study, an international, randomized, double blind, placebo-controlled study that enrolled 60 patients with Society for Cardiovascular Angiography & Interventions Stage B early cardiogenic shock due to severe heart failure with SBP between 75-90 mmHg. Two target doses of istaroxime were studied compared to placebo. The primary endpoint was the difference in SBP area under the curve over six hours after initiating the infusion. As previously reported, the study met its primary endpoint in SBP profile over six hours, with the pooled istaroxime treated group performing significantly better compared to the control group. The improvement persisted through the 24-hour SBP profile measurement, which was also statistically significant. More detailed analysis of the trial data by dose will be presented at this meeting.
MIK

Hot Stocks

08:04 EST Michaels launches online third-party marketplace - Michaels announced the launch of its new online marketplace with an expanded assortment to better support the tens of millions of creatives visiting Michaels.com each month. Through a curated selection of third-party sellers, the marketplace exponentially grows Michaels' online assortment in new and existing categories to provide an even wider selection at the quality expected of Michaels within a best-in-class Ecommerce experience for both creatives and third-party sellers. The marketplace is the latest in Michaels' ongoing digital transformation, increasing the online assortment of its U.S. site from 250,000 to more than 1M SKUs from sellers eager to reach Michaels' highly diverse and engaged customer base while helping those customers find even more of what they need to bring their creative dreams to life.
ITRG

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08:03 EST Integra Resources trading halted, news pending
ECPG

Hot Stocks

08:03 EST Encore Capital announces findings from second Economic Freedom Study - Encore Capital Group announced the findings of its second Economic Freedom Study. This new study asked 3,000 people in Encore's largest markets, the United States and United Kingdom, their feelings about personal finances and the economy, as well as the impact of inflation on spending and debt. In keeping with Encore's Mission, it also asked people how they prioritize economic freedom, and what they believe are the most valuable tools to achieve it. The research was commissioned by Encore and conducted by Morning Consult. A detailed report of the findings is available on Encore's website. Key highlights from the study include: Fewer adults in the U.S. and the U.K. believe they're better off financially than they were the year before compared to the 2021 Encore Economic Freedom Study. Most adults don't believe they're in a better financial state compared to the previous year, and less than half of respondents report feeling comfortable with their current financial state. Inflation had a major impact on personal spending for more than 90% of surveyed adults. Consumers report spending more on groceries, gas/utilities and housing in both the U.S. and the U.K. Just 17% of U.S. adults and 14% of U.K. adults reported an increase in how much they contributed to their savings in 2022. U.S. adults are more likely to have a positive outlook on their economic future compared to U.K. adults, who demonstrated a significant decrease in their confidence in the future of the economy. However, respondents tended to have a more positive outlook on the future of their own personal finances as opposed to the overall economy. Thirty-five percent of Americans and 43% of U.K. adults report having past-due debt, and adults in both countries are more likely to be accumulating, rather than reducing, past-due debts. More Americans than their U.K. counterparts are confident in their ability to pay down debt in the coming year, but they're aligned on how to tackle their debt - pay it down in small increments over time. Almost all surveyed adults agree that economic freedom is a priority in their life; Americans are more likely than U.K. adults to name economic freedom as their top priority.
EVFM

Hot Stocks

08:03 EST Evofem announces FDA Orange Book listing of two additional U.S. patents - Evofem Biosciences announced that two additional U.S. patents which cover Phexxi and its labeled indication are now listed in the U.S. Food and Drug Administration publication Approved Drug Products with Therapeutic Equivalence Evaluations, commonly known as the Orange Book. "The Orange Book listing of these two patents covering Phexxi's composition of matter and its method of use in contraception is an important step in further strengthening our patent portfolio," said Evofem Biosciences CEO Saundra Pelletier. "We plan to further expand our intellectual property estate in the U.S. and overseas as we continue to iterate our vaginal pH modulator platform and seek entry into global markets." The newly listed U.S. Patent No. 11,337,989 covers contraception using the L-Lactic Acid Phexxi formulation. The '989 patent was issued by the U.S. Patent and Trademark Office on May 24, 2022 and is expected to expire in March 2033. The newly listed U.S. Patent No. 11,439,610covers compositions containing L-Lactic Acid, including the Phexxi formulation. The '610 patent was issued by the USPTO on September 13, 2022 and is expected to expire in March 2033.
LYRA

Hot Stocks

08:02 EST Lyra Therapeutics appoints John Bishop as CTO - Lyra Therapeutics announced the appointment of John Bishop, Ph.D., as Chief Technology Officer, effective February 27, 2023. Dr. Bishop will lead the commercial scale-up of Lyra's manufacturing operations for the Company's late-stage product candidates, LYR-210 and LYR-220. Dr. Bishop is experienced in overseeing manufacturing operations, with a track record in the development and management of chemistry, manufacturing, and controls for late-stage biopharmaceutical companies. He joins Lyra from Forma Therapeutics where he was Chief Technology Officer.
ITRG

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08:01 EST INTEGRA RES CORP COM NEW trading halted, news pending
RVLGF

Hot Stocks

07:54 EST Revival Gold provides updae on Beartrack-Arnett prefeasibility study - Revival Gold updates on the Company's first phase heap leach restart Prefeasibility Study underway on the Beartrack-Arnett Gold Project located in Lemhi County, Idaho, USA. The PFS is being led by industry leaders Kappes Cassiday & Associates and Independent Mining Consultants. The PFS remains on track for completion by mid-2023. Key developments are as follows: IMC has developed draft updated heap leach mineral resource models and mine plans for both the main deposit and the satellite deposit at Beartrack-Arnett that incorporate 2022 drilling results. These items are under review; however, the draft leach resource models and mine plans are in-line with Revival Gold's objective to see average production in the PFS at 65,000 to 70,000 ounces gold per year over a 7 to 9 year mine life; Mill resource models that include the high-grade Joss area will be updated once the leach models are complete. Undated resource models for both heap leach and mill material will be incorporated into a new Mineral Resource estimate for Beartrack-Arnett, which will be released with the PFS; KCA and IMC have completed trade-off studies to optimize heap leach mine sequencing, waste rock management, cell layouts and sequencing, haul road alignments, and crusher locations. These studies were key to moving forward with earthworks calculations, water balance modeling, bid package preparation, and drawing package development; PFS drawing packages are progressing on schedule and include process flowsheets, piping & instrumentation diagrams, general arrangement drawings; overall site layout drawings, electrical drawings, and leach pad details & stacking plans; Idaho Power Company has completed a power study to assess upgrades required to the existing 69 kV service to site to support the PFS. The IPCo upgrades include substation and other electrical system infrastructure improvements to increase the reliability and availability of power to the Project; An assessment of existing site facilities and infrastructure has been completed and all required plant and mobile equipment requirements have been determined. KCA has developed eleven bid packages in support of cost estimating for the PFS, and quotes are actively being received, reviewed, and incorporated into a draft PFS financial model; Process and sitewide water balance models have been developed and are being updated iteratively with the overall PFS designs. Meteorological modeling was completed in early 2023 to support the PFS water balance models; and, Synthetic Precipitation Leaching Procedure geochemical testing on representative Haidee waste rock samples was completed in February 2023. These results will be compared with Acid Base Accounting testing completed in 2022 to develop predictions for operational and post-operational geochemical behavior of Haidee waste rock in support of the PFS closure plan.
VTRS BCAB

Hot Stocks

07:53 EST Viatris annouces appointment of Smith as CEO - Viatris (VTRS) announced that as it prepares to enter Phase 2 of its previously announced strategic plan in 2024, Scott Smith has been appointed by its Board of Directors to lead the execution of that plan as Viatris' new Chief Executive Officer, effective April 1, 2023. In the interim, current CEO Michael Goettler will be working closely with Smith to support a smooth transition and will then depart as CEO and as a member of the board. Smith has been a member of the Viatris Board since December 2022 and is a deeply knowledgeable senior global biotechnology and pharmaceutical executive with more than 35 years of experience. Most recently, he served as President of BioAtla, Inc. (BCAB)
BAP

Hot Stocks

07:50 EST Credicorp announces candidates for board of directors - Credicorp announced that its Board of Directors is proposing two new candidates as directors for its 2023 Annual General Shareholders Meeting scheduled for Monday, March 27, 2023, at 3 p.m. at the main offices of Banco de Credito del Peru, to be held online. The new candidates are Nuria Alino Perez and Pedro Rubio Feijoo and if approved, will join the Board effective March 27th to succeed Fernando Fort and Irzio Pinasco, who have announced their intention to retire from the Board. All other current Board members will be proposed for re-election.
GILT

Hot Stocks

07:48 EST Gilat Satellite announces availability of SkyEdge IV Taurus-M - Gilat Satellite Networks announced the launch of SkyEdge IV Taurus-M, which is a new satellite modem product specifically designed for military and government markets. The SkyEdge IV Taurus-M modem is backward compatible to SkyEdge II-c and, as such, protects past investments of customers whom have already adopted Gilat's leading satellite network platform.
ORTX

Hot Stocks

07:47 EST Orchard Therapeutics announces agreement for reimbursed access to Libmeldy - Orchard Therapeutics announced it has reached an agreement with the New Therapies Council which will result in reimbursed access to Libmeldy for all metachromatic leukodystrophy patients who fall within the scope of the European marketing authorization in Sweden. Libmeldy received the strongest possible recommendation for use by the NT Council following the completion of a health economic evaluation by FINOSE, a health technology assessment consortium between Finland, Norway and Sweden. The agreement with NT Council follows similar arrangements made with reimbursement authorities in the United Kingdom, Italy and Germany and is a key component of the company's commercial expansion plans in Europe. In addition, the company is in the final stages of qualifying a sixth treatment center in Europe at the University Hospital Skundefinedne Lund in Sweden which is intended to serve as the primary site for eligible patients referred from the country and the Nordic region.
CCHWF CRLBF

Hot Stocks

07:47 EST Columbia Care, Cresco Labs extend acquisition closing timeline to June 30 - Columbia Care (CCHWF) announced that it has mutually agreed with Cresco Labs (CRLBF) to extend the outside date to complete the proposed acquisition by Cresco Labs of Columbia Care from March 31 to June 30. The extension will allow the companies additional time to finalize divestiture agreements and obtain the regulatory approvals required to close. Columbia said in a statement. "We continue to make meaningful progress on the remaining divestitures and look forward to making those announcements. We are driving operational efficiencies, enhancing market-level scale to offset pricing pressure, and demonstrating leadership in several of the fastest growing markets in the industry, such as New Jersey, Virginia and West Virginia. These efforts will enable the combined company to leverage Columbia Care's leading retail footprint while maintaining Cresco's wholesale leadership. We are grateful to the entire Columbia Care team for their ongoing commitment to driving our business forward in advance of the merger," said Nicholas Vita, CEO of Columbia Care.
ORXGF

Hot Stocks

07:45 EST Orca Energy Group announces independent reserves evaluation - Orca Energy Group announces the approval of its Independent Reserves Evaluation as at December 31, 2022. The Company's conventional natural gas reserves as at December 31, 2022 for the period to the end of the primary term of the production sharing agreement with the Tanzanian Petroleum Development Corporation have been evaluated by independent petroleum engineering consultants McDaniel & Associates Consultants in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. The Songo Songo PSA expires upon the expiry of TPDC's Songo Songo licence in respect of the Songo Songo gas field in October 2026. The preparation date of the independent reserves evaluation prepared by McDaniel is February 24, 2023 and the effective date of the evaluation is December 31, 2022. All the Company's reserves are located in Tanzania. Reserves included herein are stated on a Company gross reserves basis unless noted otherwise. Company gross reserves are the total of the Company's working interest share in reserves before deduction of royalties owned by others and without including any royalty interests of the Company, and are based on the Company's 92.07 percent ownership interest in the reserves following the transaction with Swala Oil & Gas. Total Proved Gross Company conventional natural gas reserves at year ended December 31, 2022, were 141 billion standard cubic feet compared to 160 Bcf at year end 2021, representing a 12% decrease. Total Proved plus Probable Gross Company conventional natural gas reserves at year ended December 31, 2022, were 167 Bcf compared to 188 Bcf at year end 2021, representing an 11% decrease.
MBXBF

Hot Stocks

07:42 EST Microbix Biosystems announces issuance of stock options - Microbix Biosystems announces the issuance of stock options under its shareholder-approved 2018 stock option plan, as part of its compensation programs to incentivize and retain its board of directors, executives, and managers. In consultation with management, Microbix's Board of Directors has approved the issuance of 2,815,000 options in accordance with the terms of the Stock Option Plan. The approved options are exercisable at a price of $0.37 per share, as determined by the closing price of the TSX on 23 February, 2023. Each option will vest and be exercisable after three years and have a total life of five years. The stock option grants form part of the total remuneration package for the recipients and are subject to TSX approval.
EYPT RLYB

Hot Stocks

07:42 EST EyePoint, Rallybio announce research collaboration - EyePoint (EYPT) and Rallybio (RLYB) announced a research collaboration. The partnership will evaluate sustained delivery of Rallybio's inhibitor of complement component 5, or C5, using EyePoint's proprietary Durasert technology for sustained intraocular drug delivery. The initial focus will be on geographic atrophy, an advanced form of age-related macular degeneration that leads to irreversible vision loss. Under the terms of the research collaboration, EyePoint and Rallybio will collaborate to explore and assess the viability of utilizing Rallybio's C5 inhibitor in EyePoint's sustained release Durasert technology, with the intention to expand the collaboration upon mutual agreement following the evaluation.
MFGCF

Hot Stocks

07:41 EST Mayfair Gold announces results from Fenn-Gib drill program - Mayfair Gold announces further results from the higher-grade Footwall Zone located approximately 100 meters to the north of the Fenn-Gib gold deposit. Mayfair's 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit-constrained Indicated Resource of 3.06 million ounces and an Inferred Resource of 0.31M ounces, with disseminated gold mineralization striking east-west on the Pipestone Fault over more than 1.25 kilometers and up to 300m wide at the west end. Mayfair Gold President and CEO, Patrick Evans, commented: "Ongoing drilling in 2023 has extended the northeastern strike of the Footwall Zone mineralized structure by approximately 200m in six drill holes. The Footwall Zone mineralization now strikes for approximately 400m, outcrops at surface, has been intersected vertically down to approximately 500m below surface, and remains open in all directions. Drilling continues to confirm the higher-grade gold mineralization, and two drill rigs are active to determine the structure and tonnage potential of the Footwall Zone." Highlight reported drill result includes: FG23-300 intersected 2.05 grams/tonne gold over 16.2m, including 3.72 g/t Au over 6.2m. In addition to gold assay results from hole FG23-300, assays are pending for Footwall Zone holes FG23- 304, 309, 311, 313 and 314 that have all intersected multiple altered and mineralized zones.
BBWI

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07:40 EST Bath & Body Works calls Third Point's potential proxy contest 'misguided' - The Board of Directors of Bath & Body Works issued a letter to its shareholders detailing its actions to fundamentally transform the Company into a global omnichannel personal care and home fragrance brand and commenting on Third Point's potential proxy contest. The company said, "The letter underscores how the current Bath & Body Works Board is working to maximize value for all Bath & Body Works shareholders and has taken all reasonable steps to avoid a costly and distracting proxy contest motivated by the personal interests of Third Point and its founder and CEO, Dan Loeb: The Board has successfully overseen the separation of Bath & Body Works from Victoria's Secret and positioned Bath & Body Works for success as a standalone company, resulting in tremendous shareholder value creation: from May 14, 2020, when Sarah Nash was elected Chair of the Board, through February 24, 2023, the Company has delivered shareholder returns of 416%1, massively outperforming retail peers, beauty peers and the S&P 500. The Board has diligently pursued refreshment, with 75% of the current members of the Board having joined since 2019, resulting in a talented and diverse Board with a strong and complementary mix of skillsets and backgrounds. Gina Boswell, who manifests the best of the consumer products industry and omnichannel retail as evidenced by her experience with world-class companies, has been appointed as CEO. The Board's goal is to empower Ms. Boswell and her team to move forward, without distraction, to ensure that the Company exceeds all expectations across the business and delivers the highest value for all our stakeholders, including the Company's shareholders, associates, and vendor partners.The Board has engaged constructively in good faith with Third Point over several months and demonstrated openness to all of Third Point's views and recommendations, following them when they made sense for the Company. The Board resoundingly agreed with Third Point's recommendation to appoint Lucy Brady as a director based on her exceptional global digital strategy and customer loyalty and engagement experience; the Company also hired a technology services firm recommended by Mr. Loeb as part of its continuing efforts to invest in and enhance its technology platform; and the Board agreed with Third Point's feedback that the Board would benefit from additional financial and capital allocation expertise. But the Board would not accede to Mr. Loeb's ultimatum that his former employee and personal protege, Munib Islam, be appointed to the Board. After considering Mr. Islam's qualifications and skills at length, the Board concluded, correctly, that a CFO of a major public company would bring more relevant capital allocation and financial experience to the Board than Mr. Islam. Bath & Body Works has taken all reasonable steps to avoid a costly and distracting proxy fight. It is disappointing and unfortunate that despite repeated efforts to engage productively with Third Point, the Company will have to spend time, effort and resources on a costly proxy fight resulting from Mr. Loeb's unreasonable insistence that his personal protege be appointed to the Board. The Company is confident in its track record of success and invigorated by a focused new CEO and refreshed Board with the right directors to lead Bath & Body Works on its continued growth trajectory. The Board looks forward to an ongoing dialogue with all shareholders as it executes the Company's strategy and positions Bath & Body Works for continued growth and value creation."
SLVTF

Hot Stocks

07:37 EST Silver Tiger Metals announces drill results from Sulphide Zone - Silver Tiger Metals has intersected 2,668.8 g/t total silver equivalent over 2.8 meters in the Sulphide Zone in Drill Hole ET-22-440 from 421.7 meters to 424.5 meters, consisting of 1,986.3 g/t silver, 0.21 g/t gold, 4.02% copper, 3.94% lead and 5.64% zinc within 36.4 meters grading 457.2 g/t total silver equivalent from 397.9 meters to 434.3 meters consisting of 314.6 g/t silver, 0.25 g/t gold, 0.58% copper, 0.90% lead and 1.40% zinc in the Sulphide Zone. Highlights from the on-going drilling program include the following: Hole ET-22-441: 2.0 meters grading 2,656.0 g/t total silver equivalent from 432.5 meters to 434.5 meters, consisting of 1,255.7 g/t silver, 0.20 g/t gold, 2.02% copper, 12.67% lead and 26.87% zinc within 20.0 meters grading 845.1 g/t total silver equivalent from 415.3 meters to 435.3 meters consisting of 369.0 g/t silver, 0.35 g/t gold, 0.85% copper, 4.11% lead and 8.15% zinc in the Sulphide Zone. Hole ET-22-442: 1.2 meters grading 2,978.1 g/t total silver equivalent from 378.2 meters to 379.4 meters, consisting of 2,614.0 g/t silver, 0.24 g/t gold, 2.67% copper, 1.82% lead and 1.38% zinc within 22.1 meters grading 263.5 g/t total silver equivalent from 370.0 meters to 392.1 meters consisting of 221.7 g/t silver, 0.08 g/t gold, 0.21% copper, 0.28% lead and 0.28% zinc in the Sulphide Zone. Hole ET-22-443: 3.3 meters grading 1,239.0 g/t total silver equivalent from 441.0 meters to 444.3 meters, consisting of 633.8 g/t silver, 0.19 g/t gold, 1.04% copper, 4.80% lead and 11.38% zinc within 37.8 meters grading 388.8 g/t total silver equivalent from 418.6 meters to 456.4 meters consisting of 171.7 g/t silver, 0.19 g/t gold, 0.39% copper, 1.85% lead and 3.67% zinc in the Sulphide Zone. Silver Tiger's CEO, Glenn Jessome, stated, "These drill results targeted the newly discovered Sulphide Zone along strike to the North and have intercepted wide, high-grade mineralization." Mr. Jessome further stated: "The Sulphide Zone dimensions are now in excess of 200 meters along strike, approximately 75 meters across strike with apparent widths approaching 35 meters, and open in all directions."
AZTA

Hot Stocks

07:36 EST Azenta launches Cryo Store Pico - Azenta announced the launch of the Cryo Store Pico, a novel automated cryogenic storage system designed for high-value biological samples used in the many stages of life sciences, from discovery to clinical use. In particular, the Pico offers a robust feature set for cell and gene therapy developers and manufacturers, including end stage deployment at the hospital or clinic. The Pico provides controlled access and traceability that supports regulatory compliance with a compact footprint as well as ease of use for lab personnel.
SGNLF

Hot Stocks

07:36 EST Signal Gold receives $16M from initial drawdown of Nebari credit facility - Signal Gold received the initial drawdown of $16.0 million of its previously announced $21.0 million credit facility with Nebari Gold Fund 1 LP, Nebari Natural Resources Credit Fund I LP, and Nebari Natural Resources Credit Fund II LP. The Credit Facility also provides for a second tranche of $5.0 million, at the election of the Company, subject to satisfaction of certain conditions precedent. The Credit Facility has a maturity date of two years from the initial draw with the option to extend up to another 12 months and is expected to be repaid from the proceeds of a project finance facility for Goldboro which the Company is targeting to occur later in 2023. The proceeds of $16.0 million from Tranche 1 will be used to progress critical pre-development activities for the Goldboro Project and the repayment of the existing $8.0 million senior secured facility with Auramet International LLC. Key activities include detailed engineering to support industrial approval permits, an updated Feasibility Study to include an updated Mineral Resource Estimate and capital and operating costs, and advanced geotechnical work to de-risk the construction phase of the Project. In connection with the funding of Tranche 1, the Company has granted 15,413,508 share purchase warrants to Nebari, with each Warrant exercisable to purchase a common share of the Company at a strike price of C$0.44 per share. Each Warrant granted entitles the holder to acquire one common share of the Company upon exercise thereof and payment of the strike price for a period of three years from the date of issuance. Each Warrant is also subject to an acceleration provision, whereby the Company has the option to require Nebari to exercise up to 12.5% of its Warrants if, for a period of 30 consecutive trading days, the VWAP equals or exceeds a 50% premium above the applicable Warrant strike price. The Warrants and underlying common shares are subject to a hold period under Canadian law that will expire on June 25, 2023.
NEE

Hot Stocks

07:35 EST NextEra announces settlement rate for corporate units issued February 2020 - NextEra Energy announced the settlement rate for the stock purchase contracts that are components of corporate units that it issued in February 2020. Holders of the corporate units will receive 0.6676 shares of NextEra Energy common stock for each stock purchase contract that they hold, with cash to be paid in lieu of any fractional shares. The settlement rate is based upon the average of the closing price per share of NextEra Energy common stock on the New York Stock Exchange for the 20 consecutive trading days ending on Feb. 24, 2023. Consequently, on March 1, 2023, each holder of the corporate units on that date will, following payment of $50.00 for each unit which it holds, receive 0.6676 shares of NextEra Energy common stock for each such unit. The holders' obligations to make such payments will be satisfied with proceeds generated by the successful remarketing on Feb. 22, 2023, of the NextEra Energy Capital Holdings, Inc. debentures that formerly constituted a component of the corporate units. Upon settlement of all outstanding stock purchase contracts, NextEra Energy will receive $2.5 billion in exchange for 33.38 million shares of common stock. On March 1, 2023, each corporate unit holder of record on Feb. 28, 2023, will receive the final quarterly cash distribution of $0.659875 payable per corporate unit.
FOCS

Hot Stocks

07:34 EST Focus Financial to be acquired by CD&R for $53 per share in cash - Focus Financial Partners, Clayton, Dubilier & Rice, and Stone Point Capital announced that Focus and CD&R have entered into a definitive agreement for Focus to be acquired by affiliates of CD&R in an all-cash transaction valued at an enterprise value of over $7 billion. The proposed transaction delivers substantial value to Focus' stockholders, who will receive $53 in cash per share, representing an approximately 36% premium to Focus' 60-day volume weighted average price as of the close on February 1, 2023, and an approximately 48% premium to the closing price of the Company's Class A common stock on December 28, 2022. Funds managed by Stone Point have agreed to retain a portion of their investment in Focus and provide new equity financing as part of the proposed transaction.The Special Committee of the Board of Directors has unanimously determined that this transaction is fair to and in the best interests of Focus and its unaffiliated stockholders. The proposed transaction has been approved by the Special Committee, which was formed on November 1, 2022, to evaluate a non-binding offer received from CD&R and to explore alternative transactions. The Special Committee is composed entirely of independent and disinterested directors. The Board of Directors of Focus has approved the proposed transaction on the recommendation of the Special Committee. Closing of the proposed transaction is subject to stockholder approval, regulatory approvals and other customary conditions. The transaction is expected to close in the third quarter of 2023. Focus will cease to be a publicly traded company upon consummation of the proposed transaction. CD&R and Stone Point intend to finance the transaction with fully committed equity financing that is not subject to any financing condition. The proposed transaction is subject to a non-waivable approval of holders of a majority in the voting power of the outstanding shares of common stock held by Focus' disinterested stockholders and provides for a 40-day "go-shop" period expiring at 11:59 p.m. Eastern time on April 8, 2023, which allows the Special Committee and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties, with a 10-day extension for parties that submit acquisition proposals during the initial 40-day period that are reasonably likely to lead to a superior proposal. The Company will have the right to terminate the merger agreement to enter into a superior proposal subject to the terms and conditions of the merger agreement. There can be no assurance that this "go-shop" will result in a superior proposal, and Focus does not intend to disclose developments with respect to the solicitation process unless and until it determines such disclosure is appropriate or otherwise required.
GIB

Hot Stocks

07:34 EST CGI Inc. announces intent to purchase 3.34M shares held by CDPQ - CGI announced that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 3,344,996 of its Class A subordinate voting shares held by CDPQ for a price of $119.58 per Class A Share, which represents a discount to the closing price on February 24, 2023 of the Class A Shares on the Toronto Stock Exchange. The transaction will be made in connection with the periodic portfolio rebalancing of CDPQ. Once completed, CDPQ will continue to hold approximately 19.18 million Class A Shares, representing approximately 8.16% of CGI's total outstanding shares. "This transaction is consistent with our value creation strategy and is immediately accretive to our shareholders," said Julie Godin, Co-Chair of the Board, CGI. "CGI has the strength and capital resources to execute on our Build and Buy profitable growth strategy given our strong balance sheet and excellent cash generation, combined with $2.8 billion of cash readily available at the end of December 2022." A favourable decision was obtained from the Autorite des marches financiers to exempt CGI from the issuer bid requirements under applicable securities legislation. The transaction will be entered into at a discount, in accordance with the decision of the AMF, and is expected to be entered into later today and settled on February 28, 2023.
SHCR

Hot Stocks

07:32 EST Sharecare expands home offerings beyond Medicare Advantage - Sharecare announced it has expanded its home care offerings beyond Medicare Advantage to deliver targeted care management programs and transitional care for high-risk populations across all lines of business within health plans, as well as large employers and health systems. "The right home care provider plays a crucial role in not only improving an individual's quality of life but also preventing more costly medical interventions, such as hospitalization, readmissions, or long-term care facility stays," said Jaffry Mohammed, chief operating officer at Sharecare. "With Sharecare's ability to support members at every point throughout their whole health and well-being journey, including assuming responsibility for the coordination and management of their care within the home, we are uniquely positioned to help solve many of the biggest challenges facing our enterprise partners and their high-risk populations today."
EXROF

Hot Stocks

07:31 EST Exro Technologies announces signing of strategic partnership MoU - Exro Technologies announces that it has signed a Memorandum of Understanding, MoU, for strategic partnership with an undisclosed development partner, a multi-national company that is a direct supplier to the global automotive industry. As is customary with such partnerships, following successful proof-of-concept co-development, the partnership will transition to definitive agreement. The partnership aligns directly with Exro's targeted go-to-market strategy for its patented Coil Driver technology, partnering with leading global tier-1 automotive suppliers that accelerate and amplify Exro's market presence. "We are absolutely thrilled to welcome our next strategic partner," said Exro CEO Sue Ozdemir. "While we would love to disclose the identity of our new partner at this time, we are conscious of the industry conditions today with companies being sensitive of existing supply chains and protective of new relationships for competitive reasons. What we can disclose, however, is that our new partner has a strong reputation as a leading technology provider to the automotive industry as well as major off-highway applications, marking a tremendous validation of our technology and its potential to scale across multiple platforms. With both companies' core values directly aligned in a commitment to sustainability, we look forward to revealing our new partner in the near future and building a successful relationship that translates into significant value for our customers and our shareholders."
ORAAF

Hot Stocks

07:31 EST Aura Minerals acquires copper exploration permits in Carajas region in Brazil - Aura Minerals has recently indirectly acquired exploration permits, known as the Serra da Estrela Project in the State of Para, Brazil, in the Carajas region. Aura has made an initial payment of $3 million and if it elects to continue to explore the Serra de Estrela Project, further future payments will be required. Serra da Estrela Project is an exploration permit totaling 9,805 hectares, which includes iron oxide, copper, and gold mineralization targets along a 6 km strike with a surface anomaly. Prior work includes 9 historical mineralized exploration holes totaling 2,552 meters, previously drilled by Anglo American. Aura intends to undertake exploration activities to test the continuity and economic grades of the target. Carajas Mineral Province is one of the most important polymetallic districts in the world and hosts several IOCG deposits such as Sossego and Salobo Mines, Pedra Branca, Igarape Bahia-Alemao, Cristalino, Gameleira and Alvo 118.
APYX

Hot Stocks

07:31 EST Apyx Medical receives FDA clearance for Renuvion APR Handpiece - Apyx Medical announced it has received 510(k) clearance from the FDA for the use of the Renuvion APR Handpiece "for the delivery of radiofrequency energy and/or helium plasma where coagulation/contraction of soft tissue is needed. Soft tissue includes subcutaneous tissue."
ISRL

Hot Stocks

07:29 EST Israel Acquisitions announces separate trading of ordinary shares, warrants - Israel Acquisitions announced that, commencing on February 28, 2023, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and the warrants that are separated will trade on the Nasdaq Global Market under the ticker symbols "ISRL" and "ISRLW," respectively. Those units not separated will continue to trade on Nasdaq under the symbol "ISRLU." Holders of the units will need to have their brokers contact American Stock Transfer & Trust Company, the Company's transfer agent, to separate the units into Class A ordinary shares and warrants.
AACI

Hot Stocks

07:28 EST Rezolve secures $250M equity funding from Yorkville Advisors - Rezolve announced that it has secured a $250 million capital commitment from Yorkville Advisors, the New Jersey based private alternative investment group, in the form of a share subscription facility. Under the agreement, Yorkville will provide Rezolve with up to $250 million in equity capital for a 36-month term following a public listing of Rezolve's common stock. Rezolve will not be obligated to draw the full $250 million but can do so in part or in whole at its discretion. Rezolve will control both the timing and amount of all drawdowns and will issue stock to Yorkville on each drawn down from the facility. Proceeds from the Yorkville facility will be used for working capital and general corporate purposes.
CLNN

Hot Stocks

07:25 EST Clene presents updated VISIONARY-MS Phase 2 trial data - Clene announced updated results from the VISIONARY-MS Phase 2 trial were presented this weekend at the 8th annual Americas Committee for Treatment and Research in Multiple Sclerosis Forum 2023. The poster titled, "CNM-Au8 Phase 2 VISIONARY-MS Updated Trial Results," contributes to the growing body of evidence supporting improvements in clinical neurologic function and significant paraclinical MRI and VEP findings. The VEP and MRI analyses presented were prespecified exploratory endpoints. VISIONARY-MS investigated the efficacy and safety of CNM-Au8 versus placebo over 48 weeks in stable relapsing remitting multiple sclerosis patients with chronic optic neuropathy. The study was designed to investigate the hypothesis that supporting neuronal energy metabolism protects neurologic function in patients with MS. Nearly all participants were treated with highly effective disease modifying therapies as background standard of care. Due to limited enrollment, 73 of 150, attributed to the COVID pandemic, the threshold for significance was pre-specified at p=0.10 prior to database lock and submitted to the FDA in the statistical analysis plan. Clene announced the topline results of the study in August 2022. The updated multi-focal Visual Evoked Potential findings provide evidence of improved information transmission in the visual system (from the eye to the visual cortex) supported by statistically significant increases in amplitude. The VEP least affected eye was defined as the eye with the shortest latency delay at baseline. Results included all participants with recorded VEP data: mf-VEP amplitude percent change in the least affected eye at baseline - Week 48 least squares mean difference: 9.7%, 95% CI: 3.1% to 16.3%, p=0.0047; mf-VEP amplitude percent change in the most affected eye at baseline - Week 48 LS mean difference: 6.1%, 95% CI: -0.6% to 12.7%, p=0.0730; mf-VEP amplitude percent change across both eyes - Week 48 LS mean difference: 7.9%, 95% CI: 1.4% to 14.4%, p=0.0184; The increased amplitude signal suggests previously impaired neurons subsequently increase information transmission following CNM-Au8 treatment, supporting improved axonal integrity. The primary and secondary endpoints demonstrated improved clinical outcomes in the mITT population, independent of an immunomodulatory effect: The primary endpoint of LCLA change demonstrated significant improvement - Week 48 LS Mean Difference: 3.13; 95% CI: -0.08 to 6.33, p = 0.056; The secondary endpoint of global neurological improvement, mMSFC mean standardized change demonstrated significant improvement - Week 48 LS Mean Difference: 0.28; 95% CI: 0.05 to 0.51, p = 0.0197; CNM-Au8 was well-tolerated, and no significant safety findings were observed.; The exploratory MRI findings provide evidence of brain neuronal structural integrity assessed by diffusion tensor imaging that demonstrated statistically significant results for key metrics of axonal integrity and white matter integrity. Preservation of white matter integrity is associated with decreased cognitive and functional decline in MS patients. Results included all participants with advanced MRI data collection: Fractional Anisotropy change within the whole brain: 0.0029, 95% CI: 0.0048 to 0.0054, p = 0.0199; Fractional Anisotropy change within total Cerebral White Matter - Week 48 LS Mean Difference: 0.0026, 95% CI: -0.0003 to 0.0055, p = 0.0805; Fractional Anisotropy change within total Cerebral Normal Appearing White Matter - Week 48 LS Mean Difference: 0.0025, 95% CI: -0.00025 to 0.0053, p = 0.0737. Since many non-relapsing MS patients continue to clinically deteriorate even while receiving immunomodulatory DMTs, a therapy which improves clinical outcomes, brain structure, and visual system remains a significant unmet medical need in MS.
GNS

Hot Stocks

07:22 EST Genius Group launches California Business School, Global Entreprenuer Program - Genius Group announces the launch of the California Business School, a school within UAV to house its flagship MBA program. Students in this MBA program will also have special access to a Global Entrepreneur Program, featuring New York Times Bestselling Authors in leadership, marketing, technology and entrepreneurship. Following Genius Group's acquisition of the California-based UAV, the group enhanced the delivery of UAV's accredited programs digitally and internationally via its proprietary Edtech Platform. The newly established California Business School will serve as UAV's business school and continue to offer UAV's business degrees at the Bachelor's and Master's levels.
CLF

Hot Stocks

07:22 EST Cleveland-Cliffs boosts steel product prices by minimum of $100 per net ton - Cleveland-Cliffs announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,100 per net ton.
MNPR

Hot Stocks

07:21 EST Monopar Therapeutics, NorthStar announces expanded radiopharma program - Monopar Therapeutics and NorthStar Medical Radioisotopes announced an expansion of their radiopharmaceutical collaboration along with a new radiolabeled MNPR-101 imaging candidate designated as MNPR-101-Zr. Based on promising recently generated preclinical imaging results with MNPR-101-Zr showing high uptake across multiple tumor types, the companies also committed to additional funding with the aim of initiating a first-in-human imaging study with MNPR-101-Zr as early as the end of this year. MNPR-101-Zr is a zirconium-89 labeled version of MNPR-101, a highly selective antibody against the urokinase plasminogen activator receptor. Positron emission tomography imaging of preclinical mouse models for triple-negative breast, colorectal, and pancreatic tumors displayed high and selective uptake of MNPR-101-Zr in these uPAR-expressing tumors. These proof-of-concept studies provide support for a first-in-human PET imaging study with MNPR-101-Zr and a future therapeutic study using the previously announced actinium-225 labeled radioimmunotherapeutic version of MNPR-101. Overall, the imaging results demonstrate the potential utility of MNPR-101 as a precision targeting agent for both imaging and therapy in multiple cancer indications.
AMRN

Hot Stocks

07:20 EST Amarin holder Sarissa discloses 'egregious' equity grants to executives - Sarissa Capital Management issued the following statement regarding Amarin: Sarissa is appalled at this latest act of betrayal of the shareholders by the Amarin board. Sarissa has been urging the Amarin board to release the results of the proxy contest for several days. The board, however, has steadfastly refused, leaving Amarin shareholders to twist in the wind. Now we know why the board has opted to sit on this powder keg of information. Late last week in the stealth of night and right before the General Meeting, the Amarin board disclosed egregious equity grants to executives representing more than 3.6 million shares. CEO Karim Mikhail was given 70% more in equity grants than last year despite the horrendous performance of the company under his leadership. If that is not enough, apparently these grants vest solely based on the passage of time with absolutely no performance criteria. It is important to note that the board did not make these grants consistent with last year's timing but instead made them several weeks later than usual and with no disclosure of any kind in its proxy materials. In so doing, the board ensured that it would not have to disclose this betrayal of shareholders until after the voting deadline in this proxy contest had passed. By making these equity grants in this manner, we believe the board acted in bad faith and engaged in numerous breaches of its fiduciary duties and violations of law. How can a properly functioning board that is abiding by its duties make these grants right before a contested election that could dramatically alter the composition of the board, after the voting deadline has passed, and with no prior disclosure? Bear in mind that at last year's annual meeting more than a majority of the outstanding stock either abstained or voted against "Say on Pay," yet this board determines to change the timing of and significantly increase the quantum of executive equity grants. We believe the answer is simple - this board is violating its fiduciary duties and applicable law. Accordingly, we intend to hold each director personally liable to the fullest extent permissible under applicable law.
VFF SPTN

Hot Stocks

07:20 EST Village Farms appoints Kathy Mahoney to board of directors - Village Farms International (VFF) announced the appointment of Kathy Mahoney as an independent member of its Board of Directors, effective March 10, 2023. Ms. Mahoney is a veteran of the consumer goods distribution industry, having served in multiple executive level roles with industry leader, SpartanNash (SPTN), in addition to her distinguished legal career.
CSIQ

Hot Stocks

07:19 EST Canadian Solar renews EUR 100M note program - Canadian Solar announces that Canadian Solar EMEA Capital Markets, S.A.U., an indirectly wholly-owned subsidiary of Canadian Solar incorporated in Spain, registered on February 24, 2023 its EUR 100M medium term note program in the MARF. Any payment under the notes issued under the note program will be guaranteed by the Company. The notes may qualify as "green bonds" pursuant to the International Capital Market Association, ICMA. Green Bond Principles and the Green Financing Framework approved by the Company. Canadian Solar's Green Financing Framework received a favorable third-party opinion from Sustainalytics. The notes will only be offered and sold to non-U.S. persons outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933. The notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction in the United States. The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
HYRE

Hot Stocks

07:17 EST HyreCar appoints Eduardo Iniguez as CEO, FO - HyreCar also announced that the Company's Board of Directors appointed Eduardo Iniguez as Chief Executive Officer and Chief Financial Officer. Iniguez was previously the CFO and Interim CEO. AJ Lee, formerly Senior Vice President of Growth, has been appointed Chief Operating Officer. Iniguez and Lee have been leading the Company's restructuring efforts and are expected to continue doing so in their new roles.
RBA

Hot Stocks

07:17 EST Ritchie Bros. sells $244M of equipment in 2023 Premier Global Auction - Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating $244+ million in gross transaction value last week. The February 20 - 24, 2023 auction attracted 22,600+ people from 80+ countries, with approximately 83% of the equipment selling to U.S. buyers, including 18% purchased by Floridians. The remaining 17% of the equipment was purchased by international buyers from far away as Belgium, Colombia, and Thailand. Auction highlights included 790+ excavators, 500+ truck tractors, 340+ skid steer loaders, 200+ dozers, and 240+ pickup trucks-all assets were sold without minimum bids or reserve prices. "We saw great attendance onsite and online for our Premier Global Auction in Florida, helping us drive strong results for the massive selection of equipment and vehicles available," said Ann Fandozzi, Chief Executive Officer, Ritchie Bros. "Our 200-acre yard was busy all week with customers inspecting items. Meanwhile, customers participating online had access to our new 360-view videos to help with virtual inspections-these were a real hit with customers, so you can expect to see more of these videos for equipment in our auctions going forward."
HYRE

Hot Stocks

07:16 EST HyreCar to facilitate sale of business through voluntary Chapter 11 - HyreCar announced that it voluntarily initiated a Chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware case number 23-10259. The Company has filed various "first day" motions with the Bankruptcy Court requesting customary relief that will enable it to transition into Chapter 11 without material disruption to its ordinary course operations, including payment of employee wages and benefits. The Company has also entered into an agreement with Holmes Motors, Inc. to provide $5 million in debtor-in-possession financing. Approval of the DIP financing is part of the first day motions filed with the Bankruptcy Court. Prior to the Chapter 11 filing, the Company entered into a term sheet with Holmes to acquire substantially all of the assets of the Company for $7.75 million, subject to due diligence review by Holmes and the Bankruptcy Court approval. Holmes will be entitled to "credit bid" the DIP financing against the purchase price. The transaction is part of a sale process under Section 363 of the Bankruptcy Code that will be subject to compliance with agreed upon and Bankruptcy Court-approved bidding procedures allowing for the submission of higher or otherwise better offers, and other agreed-upon conditions. In accordance with the sale process under Section 363 of the Bankruptcy Code, notice of the proposed sale to Holmes will be given to third parties and competing bids will be solicited. The Company will manage the bidding process and evaluate any bids received, in consultation with its advisors and as overseen by the Bankruptcy Court. Upon approval by the Bankruptcy Court, the DIP financing, together with cash generated from ongoing operations, is expected to provide HyreCar with the necessary liquidity to support its operations during the sale process. Prior to the filing of the Company's Chapter 11 case, the Board of Directors and management evaluated a range of strategic alternatives to maximize value for all stakeholders. With the protections afforded by the Bankruptcy Code, the Company intends to broaden its marketing efforts to seek a going concern sale of the business.
ACDC

Hot Stocks

07:16 EST ProFrac acquires Performance Proppants, upsizes ABL Credit Facility - ProFrac Holding announced that it has successfully completed its acquisition of Performance Proppants, making it the largest in-basin proppant producer serving the Haynesville. ProFrac acquired Performance Proppants for approximately $475M, consisting of $469M in cash and the remainder in shares of ProFrac Class A common stock. Ladd Wilks, ProFrac's Chief Executive Officer, stated, "This transaction greatly enhances ProFrac's vertical integration strategy and demonstrates our commitment to the Haynesville, which we believe is a significant source of long-term opportunity. Additionally, it makes the Company the largest provider of in-basin sand in North America. With four mines totaling 10.4 million tons per year of high-quality proppant production capacity serving the core of the Haynesville, ProFrac will be well positioned to secure supply for our fleets, enhance fleet utilization and add additional value to our customers." Additionally, ProFrac entered into the Fourth Amendment to the ABL Credit Facility. Under the Amended Credit Facility, the aggregate Maximum Revolver Amount was increased from $280 million to $400 million. In connection with the Performance Proppants acquisition, ProFrac borrowed approximately $298 million under the Amended Credit Facility, leaving total availability of roughly $79 million, including letters of credit. Immediately prior to this draw, there were no amounts outstanding under the Amended Credit Facility with the exception of outstanding letters of credit.
GKOS

Hot Stocks

07:13 EST Glaukos submits new drug application to U.S. FDA for iDose TR - Glaukos announced the submission of its New Drug Application NDA to the U.S. Food and Drug Administration FDA for iDose TR. iDose TR is a micro-invasive intraocular implant designed to continuously deliver therapeutic levels of a proprietary formulation of travoprost from within the eye for extended periods of time. iDose TR is intended to address ubiquitous patient non-compliance and chronic side effects associated with topical glaucoma medications. "The submission of the iDose TR NDA represents a significant milestone for our company, resulting from more than a decade of our teams' unrelenting research, development and clinical efforts to bring this potential game-changing therapy one step closer to patients who may need a new glaucoma treatment alternative," said Thomas Burns, Glaukos chairman and chief executive officer. "We look forward to working closely with the FDA in their pending review process and continue to believe iDose TR can be a transformative novel technology able to fundamentally improve the treatment paradigm for patients with glaucoma." The NDA submission includes data from two Phase The NDA submission includes data from two Phase 3 pivotal trials of iDose TR, which both successfully achieved the pre-specified primary efficacy endpoints through 3 months and demonstrated a favorable tolerability and safety profile through 12 months. In addition, the submission also includes data from the iDose TR exchange trial, which included a second administration of iDose TR and removal of the original iDose TR, with the second iDose TR administration demonstrating a favorable safety profile over a 12-month evaluation period. Administered during a micro-invasive procedure, the iDose TR contains a novel formulation of travoprost, a prostaglandin analog used to lower intraocular pressure. The iDose TR is designed such that it can be removed and replaced with a new iDose TR, thus potentially offering a long-term dropless alternative to daily eye drop treatment.
RBA IAA

Hot Stocks

07:13 EST Ritchie Bros. independent directors issue letter to shareholders - Ritchie Bros. Auctioneers Incorporated (RBA) issued the following letter from the Company's independent members of its Board of Directors in connection with its March 14, 2023 Special Meeting of Shareholders related to the acquisition of IAA (IAA). "We believe the IAA acquisition is a unique and extraordinary opportunity to execute our growth strategy and deliver outstanding returns to Ritchie Bros. shareholders...We have been impressed with how the entire management team has built and positioned the business over the last three years. Ritchie Bros.' outstanding growth in virtually all key metrics and superior shareholder returns show that we have the right strategic plan and the right team to execute on iti. We have high conviction that the IAA acquisition will propel our progress, growth and value creation even further... Prior to entering the IAA agreement in November, we conducted extensive due diligence with the support of legal and financial advisors as well as third-party consultants. Overall, the Board undertook a 12-month process to evaluate the strategic and financial merits of the deal. We regularly challenged management's assumptions about the strength of IAA's business, IAA's position in the auto salvage market, and the cost synergies and revenue opportunities presented by a Ritchie Bros. + IAA combination... Ritchie Bros. is ready to hit the ground running as soon as the transaction closes... Management has developed a comprehensive integration plan with the right structure, milestones, performance measures and external consultants in place to ensure we successfully bring the companies together... Collaboration with the IAA team has been excellent, and the foundation for a great integration is strong. We are confident in the Ritchie Bros. management team to seamlessly integrate IAA into Ritchie Bros., and the Board will continue to hold management accountable for delivering... We urge you to support your Board and management team as we turn to the next chapter of our journey by voting "FOR" on the WHITE proxy card for all proposals being considered at the Special Meeting on March 14, 2023."
FAMI

Hot Stocks

07:11 EST Farmmi subsidiary selected for Lishui Enterprise Listing, Merger Promotion - Farmmi announced that one of the Company's subsidiaries, Zhejiang Farmmi Holding Group Co. LTD, was selected to join the prominent Lishui Enterprise Listing and Merger Promotion Association. Membership in the highly selective association gives the company an active role in policy and business development of the thriving agriculture center. Yefang Zhang, Farmmi's Chairwoman and CEO, stated, "We are honored to have one of our subsidiaries join such a prominent association. Given our long history of success in the agriculture industry, our global customer base and commitment to both innovation and high quality, we believe we can offer a valuable perspective and contributions to help the prominent Lishui Enterprise Listing and Merger Promotion Association refine and execute on its policy and business development goals." Farmmi's Zhejiang Farmmi Holding Group Co. LTD subsidiary plans to take an active role as the Lishui Enterprise Listing and Merger Promotion Association works to foster the success of the Lishui area's agriculture center.
AMBP

Hot Stocks

07:08 EST Ardagh Metal Beverage packaging invests in NOMOQ - Ardagh Metal Packaging announces it has acquired a majority share in innovative digital can printers NOMOQ, in a move that extends AMP's industry-leading support of newcomers to the beverage market. The Switzerland-based start-up, founded in 2021, promises printed cans with short lead times and "NO Minimum Order Quantity" - hence the name. Oliver Graham, CEO of Ardagh Metal Packaging, said: "This latest step in our investment programme is a perfect fit for us, especially following the successful integration of Hart Print in North America which encouraged us to seek a similar model in Europe. NOMOQ's offer is innovative, customer-centric, and extraordinarily flexible - areas in which AMP has established a great reputation. Their dedication to creating outstanding packaging for customers of all sizes will enhance our ability to serve early-growth customers in the European market and extend our offering to established customers too."
AXSM

Hot Stocks

07:05 EST Axsome Therapeutics expects cash to fund operations into cash flow positivity - Axsome believes that its current cash, along with the remaining committed capital from the $350 million term loan facility, is sufficient to fund anticipated operations into cash flow positivity, based on the current operating plan, which includes the continued commercialization of Sunosi and Auvelity. Axsome expects that its operating expenses will increase year over year as the Company commercializes Sunosi and Auvelity and continues to advance its pipeline.
MUX RIO

Hot Stocks

06:58 EST McEwen Copper announces additional $30M investment by Rio Tinto venture - McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (MUX), announced a binding agreement for an additional $30M investment by Nuton LLC, a Rio Tinto (RIO) Venture, and existing McEwen Copper shareholder. Nuton has agreed to invest $30M to acquire shares of McEwen Copper in a two-part transaction expected to close no later than March 10th, 2023 consisting of: 1. Private placement of 350,000 McEwen Copper common shares, and 2. Purchase of 1,250,000 common shares owned by McEwen Mining in a secondary sale. Proceeds of the subscription and purchase are expected to be approximately $6.5M to McEwen Copper and $23.5M McEwen Mining, respectively. The proceeds of the private placement will be used to advance development of the Los Azules copper project in San Juan, Argentina, and for general corporate purposes. After closing, Nuton will own 14.2% of McEwen Copper on a fully diluted basis, and McEwen Mining will own 51.9%. The transaction values McEwen Copper at approximately $550M. In connection with the Transaction, McEwen Copper and certain of its affiliates entered into an Amended Collaboration Agreement and a Copper Cathodes and Concentrates Purchase Rights Agreement, including that Nuton will have the opportunity to provide local currency funding, in certain circumstances, for advancement of the Los Azules project.
IFF

Hot Stocks

06:57 EST IFF appoints Kevin O'Byrne to board of directors - IFF announced the next phase of the evolution of its Board of Directors, to support the ongoing execution of the company's strategic transformation and long-term financial vision. Kevin O'Byrne, Chief Financial Officer and director of J Sainsbury Plc, has been appointed to join the IFF Board, effective March 10, 2023. He brings to IFF a deep understanding of the consumer landscape and evolving expectations of CPG customers, which will be valuable to IFF as it continues to execute on its customer-centric and growth-focused strategy. O'Byrne will serve on the Board's Audit, Innovation, and Transaction Committees. IFF also announced that Edward (Ed) Breen and Matthias Heinzel, both of whom have served as directors and members of the Board's Innovation Committee since 2021, have notified IFF of their respective decisions to retire from the Board. Breen and Heinzel will not stand for reelection at IFF's 2023 Annual Meeting of Shareholders. In addition, Stephen Williamson, director since 2017 and a member of the Board's Audit Committee, has notified IFF of his decision to retire from the Board effective March 10, 2023.
MUX STLA

Hot Stocks

06:56 EST McEwen Copper closes ARS $30B investment by Stellantis - McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (MUX), announced the closing of an ARS $30B investment by Stellantis (STLA). FCA Argentina S.A., a subsidiary of Stellantis N.V., has invested ARS $30B in Argentina to acquire shares of McEwen Copper in a two-part transaction that closed on February 24th, 2023 consisting of: 1. Private placement of 2,850,000 common shares, and 2. Purchase of 1,250,000 common shares indirectly owned by McEwen Mining in a secondary sale. The proceeds of the private placement will be used to advance development of the Los Azules copper project in San Juan, Argentina, and for general corporate purposes. After the closing of the Transaction, McEwen Mining will be separately compensated for the secondary sale by McEwen Copper in U.S. dollars. Giving effect to the upcoming investment by Nuton LLC, also announced today, Stellantis owns 14.2% of McEwen Copper and McEwen Mining owns 51.9% on a fully diluted basis. The Transaction values McEwen Copper at approximately $550M.
DRUG

Hot Stocks

06:56 EST Bright Minds provides clinical program updates, anticipated milestones - Bright Minds Biosciences provided an update on its clinical programs, anticipated upcoming milestones and strategic priorities for advancing its development pipeline of innovative treatments to heal the central nervous system and brain through the regulation of serotonin. Program Updates and 2023 Milestones: BMB-101: A highly selective and potent 5-HT2C agonist has entered first-in-human Phase I clinical evaluation. The trial is being conducted in Adelaide, Australia, by CMAX Clinical Research, a clinical trial center specializing in a range of early-phase trials and first-in-human studies. Three-part study to evaluate the safety, tolerability, pharmacokinetic, and food effect in healthy volunteers is underway.Part 1 - single ascending dose - completed; 4 cohorts - single dose; Reached the planned top dose, which approached preclinical exposure limits; Well tolerated with predictable PK; Most common adverse event was oral paresthesias from liquid formulation; Part 2 - food effect - completed; 12 subjects - crossover with and without breakfast; Well tolerated with and without food; Effect of food on BMB-101 levels was relatively small, and therefore BMB-101 can be administered without the need for fasting. Part 3 - multiple ascending dose - cohort 1 complete; 4 cohorts - twice a day dosing for 7 days after meals; Study completes in 2Q 2023; Good Manufacturing Practices production completed for BMB-101 drug substance and drug product. BMB-202: A highly selective 5-HT2A agonist, lead candidate within psychedelic program; Expected to enter first-in-human trial in late 2023; Dose range finding study completed; Ready for Good Laboratory Practice oxicology program.
AVY TSE

Hot Stocks

06:52 EST Avery Dennison appoints Francesca Reverberi to board of directors - Avery Dennison Corporation announced that its board of directors has appointed Francesca Reverberi as a director, effective February 23, 2023. Reverberi is chief sustainability officer and senior vice president, Sustainable Plastics, at Trinseo.
ROG

Hot Stocks

06:52 EST Rogers Corporation adds two directors to board under agreement with Starboard - Rogers Corporation (ROG) announced that it has entered into an agreement with Starboard Value regarding the composition of Rogers' board of directors, among other things. Starboard is an investment firm that owns approximately 6.5% of Rogers' outstanding common stock. Under the terms of the agreement, Rogers has appointed to the Board Anne Roby, former Executive Vice President at Linde plc (LIN), and Armand Lauzon, Jr., former President and Chief Executive Officer at C&D Technologies, as new independent directors. Upon completion of the annual meeting, the board will be composed of nine members, eight of whom are independent. Pursuant to the agreement, Starboard has agreed to withdraw the director nominations it previously submitted to the company and has entered into customary standstill and voting commitments. "We invested in Rogers because of its strong technology portfolio, leading positions in attractive end markets, and significant opportunity to improve both growth and profitability," said Jeff Smith, Chief Executive Officer of Starboard. "After constructive discussions with the Rogers Board, we are excited to have these new directors contribute their deep operating expertise and fresh perspectives in order to help Rogers capitalize on its many opportunities and maximize value for all shareholders."
NTR

Hot Stocks

06:51 EST Nutrien announces TSX approval for renewed share repurchase program - Nutrien announced that the Toronto Stock Exchange has accepted Nutrien's notice to commence a normal course issuer bid to purchase outstanding common shares representing up to five percent of its issued and outstanding common shares. Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative trading systems in Canada and the U.S., or as otherwise permitted under applicable securities laws. The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by Nutrien. Nutrien believes that purchasing its own common shares represents an attractive investment opportunity, is in the best interests of the company and is consistent with Nutrien's objective of returning capital to shareholders over time. As of February 15, 2023, Nutrien had 499,243,897 common shares outstanding and, therefore, is permitted to repurchase up to 24,962,194 of its outstanding common shares pursuant to the NCIB. Common shares purchased under the NCIB will be cancelled.The NCIB will be effected in accordance with the TSX normal course issuer bid rules and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended, which contain restrictions on the number of common shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes of Nutrien's common shares on the applicable exchange. Subject to exceptions for block purchases, Nutrien will limit daily purchases of common shares on the TSX in connection with the NCIB to no more than twenty five percent of the average daily trading volume of the common shares on the TSX during any trading day. Purchases under the NCIB will be made through open market purchases at market price, as well as by other means as may be permitted under applicable securities laws, including private agreements. Any purchases made by private agreement under an issuer bid exemption order issued by a securities regulatory authority will be at a discount to the prevailing market price as provided in such exemption order. Purchases of common shares may commence on March 1, 2023 and will expire on the earlier of February 29, 2024, the date on which the company has acquired the maximum number of common shares allowable under the NCIB or otherwise decides not to make any further repurchases under the NCIB. Nutrien has entered into an automatic purchase plan with a broker which will enable Nutrien to provide standard instructions and purchase common shares on the open market during self-imposed blackout periods. Outside of these black-out periods, common shares may be purchased in accordance with management's discretion. Nutrien's prior NCIB for the purchase of up to 55,111,110 common shares has expired on February 7, 2023. As of February 15, 2023, Nutrien repurchased an aggregate of 55,111,110 common shares at a weighted-average price of US$84.86 per share, for an aggregate of US$4,676,588,594 under the prior NCIB. Purchases were made on the open market.
LE

Hot Stocks

06:49 EST Land's End, Blake Shelton launch Spring collection - Lands' Endand Blake Shelton announce the first spring Blake Shelton x Lands' End collection. The collaboration offers clothing and accessories for the whole family, created with lightweight fabrics and a fresh design palette for the new season. The duo's spring line celebrates America's Heartland through prints and patterns inspired by Lands' End's Wisconsin roots and Shelton's native Oklahoma. New offerings for the season include swimwear, products made with COOLMAX technology and garment-dyed knitwear.
WLBMF AEM

Hot Stocks

06:48 EST Wallbridge Mining closes private placement of flow-through shares - Wallbridge Mining has completed a non-brokered private placement of 37,956,353 national flow-through common shares and 8,000,000 Quebec flow-through common shares for aggregate gross proceeds of $8,621,925. The National FT Shares were issued at a price of $0.185 and the Quebec FT Shares were issued at a price of $0.20. In addition, Agnico Eagle Mines Limited has elected to subscribe for 6,000,000 common shares for aggregate gross proceeds of $1,020,000. Subject to negotiation of the definitive agreement and other customary closing conditions, the AEM Private Placement is expected to close on or about March 10, 2023 and will be undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor of Agnico. The AEM Shares will be issued at a price of $0.17. In connection with the FT Share Private Placement, the Company paid a cash finder's fee of 4% . All securities issued pursuant to the Private Placements will have a four month and one day statutory hold period. The offering is subject to the final acceptance of the Toronto Stock Exchange. The net proceeds from the Private Placements will be used to support the Company's 2023 exploration program at the Company's Detour-Fenelon Gold Trend Property. The financings announced today provide the Company with sufficient cash reserves to fund the previously announced 2023 exploration program on the Detour-Fenelon Gold Trend Property.
DPMLF

Hot Stocks

06:47 EST Dundee Precious Metals reports drilling results on Tierras Coloradas - Dundee Precious Metals reports the 2022 diamond drilling results on the Tierras Coloradas concessions, located in the Loja province of Ecuador. The drilling program was designed to test a series of low sulphidation epithermal veins, previously identified by field work and scout drilling in 2020. Highlights: Drilling confirms presence of well-mineralized vein system. Representative drill intercepts from 2022 drilling program include: Aparecida vein system:TCDD013 - 6 metres at 2.92 g/t Au from 156 metres depth; TCDD014 - 17.3 metres at 46.09 g/t Au from 101 metres depth, which includes a higher-grade interval of 79.54 g/t Au over 7.72 metres; TCDD015 - 3.6 metres at 39.4 g/t Au from 154 metres depth. La Tuna vein system: TCDD016 - 4 metres at 2.51 g/t Au from 153 metres depth; TCDD017 - 2.83 metres at 30.12 g/t Au from 53 metres depth; TCDD018 - 4.1 metres at 7.7 g/t Au and 394.32 g/t Ag from 80.42 metres depth; Large footprint with additional exploration potential: Over eight kilometres of vein strike length has been delineated, largely accounted for by the Aparecida and La Tuna vein systems. The Aparecida vein system has been traced over a length of 1.5 kilometres whilst the La Tuna veins have been traced for approximately 2 kilometres. Both targets remain open in multiple directions. "We are pleased to announce these encouraging exploration drill results from the Tierras Coloradas exploration prospect in Ecuador. Results from our 2022 drill program confirms the presence of a well mineralized vein system," said David Rae, President and Chief Executive Office of Dundee Precious Metals. "Both the Aparecida and La Tuna veins systems remain open in multiple directions, and we are planning further work in 2023 to follow-up on these results."
FCXXF ARESF

Hot Stocks

06:45 EST First Capital REIT calls Sandpiper statements 'misleading' - First Capital REIT's board of trustees is addressing a February 24, 2023 letter from Samir Manji, CEO of Sandpiper Group and CEO of Artis Real Estate Investment Trust to First Capital's unitholders. The company said, "The Board has repeatedly engaged in good faith with Sandpiper and Artis in an effort to avoid the cost and distraction associated with a proxy contest. As demonstrated in the support and cooperation agreement reached with Vision Capital and Ewing Morris, the Board is willing to find compromises that are beneficial to all unitholders. Unfortunately, the Sandpiper Group's demands continue to be self-serving, unreasonable, not in the best interest of First Capital and its unitholders, and disproportionate relative to their ownership interest. Sandpiper and Artis have a troubling track record. Sandpiper has a history of value destruction at other REITs, including Artis, and a pattern of self-dealing, poor corporate governance and self-enrichment. Artis has been fundamentally changed, to the detriment of its unitholders, by Mr. Manji and his fellow Sandpiper nominees since they acquired control of its board of trustees. Mr. Manji, who is the CEO of both Sandpiper and Artis, has substantial conflicts of interest. Extensive without prejudice discussions preceded our proposal to appoint an independent, non-Sandpiper trustee to the Board. This proposal was an attempt, after much back and forth, to grant the Sandpiper Group representation on our refreshed Board while guarding against the conflicts posed by Mr. Manji. Mr. Manji's characterization of it, including of the time that he had to consider it, is misleading. His outright rejection of this proposal makes it clear that he is intent on installing himself on the Board to advance the interests of Sandpiper and Artis, rather than those of First Capital and its unitholders. The Board continues to focus on ensuring that First Capital is positioned to drive value for all unitholders. It has constructively engaged and continues to engage with all unitholders and has also acted decisively to respond to unitholder feedback in a balanced, pragmatic and considered manner. This is reflected in the REIT's successful Enhanced Capital Allocation and Portfolio Optimization Plan and the refreshed Board that will be presented to unitholders for their support."
SWTX

Hot Stocks

06:41 EST SpringsWorks announces FDA acceptance, priority review of nirogacestat NDA - SpringWorks announced that the U.S. Food and Drug Administration has accepted the Company's New Drug Application for nirogacestat, an investigational gamma secretase inhibitor, for the treatment of adults with desmoid tumors. The NDA was granted Priority Review and has been given a Prescription Drug User Fee Act action date of August 27, 2023. The FDA's Priority Review designation is given to investigational medicines that treat a serious condition and offer significant improvements in safety or effectiveness. In addition, the FDA has stated that it is not currently planning to hold an advisory committee meeting to discuss the application. The NDA is being reviewed under the FDA's Real-Time Oncology Review program and is based on the previously announced positive results from the Phase 3 DeFi trial, a global, randomized, double-blind, placebo-controlled trial evaluating nirogacestat in adult patients with desmoid tumors. The FDA granted Fast Track and Breakthrough Therapy designations to nirogacestat for the treatment of adult patients with progressive, unresectable, recurrent or refractory desmoid tumors or deep fibromatosis. Nirogacestat has also received Orphan Drug designation from the FDA for the treatment of desmoid tumors.
KNTNF

Hot Stocks

06:40 EST K92 Mining reports two 'unplanned' maintenance events at Kainantu process plant - K92 Mining is providing an operational update for its Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. During the month of February, the process plant has experienced two notable unplanned maintenance events that cumulatively will have an impact on February and First Quarter production. In early February one of the mill trunnion bearings failed, requiring immediate replacement and resulting in two days downtime, although planned maintenance of other plant equipment was carried out during the stoppage. On February 20th, a limited electrical fire in a cable tray resulted in damage to a number of cables feeding the wet section of the process plant. The cables were all replaced by February 25, and the plant was brought back online and has operated normally since restarting. Although the above incident resulted in a total of 8 days downtime and will impact production for the first quarter, it is not expected that there will be any impact on the 2023 guidance.
SKLZ

Hot Stocks

06:39 EST Skillz appoints Alvin Lobo as CFO - Skillz announced the appointment of Alvin Lobo to the role of Chief Financial Officer. As CFO, Lobo joins the Skillz C-Suite and will report directly to Paradise. He will lead the company's finance functions, including accounting, FP&A, and investor relations. Jason Roswig, who joined Skillz in August 2022 as President and CFO, will now serve as President.Formerly CFO at Score Media and Gaming, Lobo oversaw all financial and accounting operations within the organization, leading major growth and funding initiatives, including the company's U.S. IPO and eventual sale to Penn Entertainment.
LICY

Hot Stocks

06:38 EST Li-Cycle receives conditional commitment for $375M loan - Li-Cycle Holdings announced that Li-Cycle and the U.S. Department of Energy Loan Programs Office, through its Advanced Technology Vehicles Manufacturing program, have entered into a conditional commitment for a $375 million loan. The conditional commitment follows extensive DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle's development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. This is the first conditional commitment from the DOE ATVM program for a sustainable pure-play battery materials recycling company and the program's main support for the lithium-ion battery recycling industry. The Rochester Hub is expected to become a significant domestic source of battery-grade materials, including lithium, nickel and cobalt, and will be the first-of-its-kind commercial facility in North America. Receiving the conditional commitment is a significant step in the lending process and reflects the DOE's intent to finance the project; however, the Loan remains subject to documentation of long-form agreements and certain conditions will have to be satisfied prior to closing, which is currently expected to occur in calendar Q2 2023. The Loan will have a term of up to 12 years from financial close, and interest on the Loan will be the 10-year U.S. Treasury Rates from the date of each advance for the Loan.
AULT

Hot Stocks

06:36 EST BitNile.com to launch early access to metaverse platform - Ault Alliance announced it will be participating at Mobile World Congress Barcelona 2023, the world's largest mobile industry exhibition, in Barcelona, Spain from February 27, 2023 through March 2, 2023. The Company will showcase early access to its latest product, BITNILE.COM, a new metaverse platform designed to revolutionize the way people experience digital worlds, which is launching on March 1, 2023.
FSR

Hot Stocks

06:35 EST Fisker sees 2023 production up to 42,400 units - The company said, "We maintain our 2023 production target of up to 42,400 units, provided the supply chain delivers per our forecast and we receive homologation in a timely manner. The following information reflects Fisker's expectations for key non-GAAP operating expenses and capital expenditures for the full-year 2023. Fisker is projecting the total of these items to be within a range of $535 million to $610 million. Fisker targets a gross margin range of 8-12% and potentially positive EBITDA for 2023."
HSIC

Hot Stocks

06:32 EST Henry Schein to detail strategic plan, long-term goals at investor meeting - Henry Schein is hosting an Investor Meeting today in New York City at 9 a.m. EST, where executive leadership will provide an overview of the Company's BOLD+1 Strategic Plan for sustainable growth and details about the Company's long-term financial goals. Henry Schein's management team will present the Company's value-creation strategy and long-term financial goals, including: A deep dive into its BOLD+1 Strategic Plan and the key initiatives underway to accelerate growth and margin expansion; The significant progress made to date related to: Expanding the Specialty Products and Technology and Value-added Service businesses; Delivering sustainable growth; Driving digital transformation; Investing in people and culture as we advance our ESG priorities; and Additional discussion of the recently announced 2023 financial guidance, estimates of relevant market sizes and growth, and key drivers of the Company's long-term financial goals.
GCT

Hot Stocks

06:31 EST GigaCloud non-executive director Huang Xing resigns - GigaCloud Technology announced the changes to the composition of its board of directors. Huang Xing, who served as our non-executive director, resigned as a director of the Board for personal reason, effective December 31, 2022. Mr. Huang's resignation from the Board did not result from any disagreement with the Company, and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Mr. Huang's resignation has not affected the normal operation of the Board of the Company. The Board has approved the appointment of Mr. Qian Kainan as a non-executive director of the Company, effective from February 27, 2023, to fill the vacancy on the Board. Mr. Qian has over 20 years of experience in logistics and warehouse management. Since 2018, Mr. Qian served as logistics director of JD Logistics. Upon Mr. Huang's resignation and Mr. Qian's appointment, the Board consists of seven directors, including three independent directors.
FSBW COLB

Hot Stocks

06:29 EST FS Bancorp complettes acquisition of seven branches in Washington, Oregon - FS Bancorp (FSBW) announced that 1st Security Bank has completed the previously announced purchase and assumption of seven branch locations, two in Washington and five in Oregon, from Columbia State Bank, a subsidiary of Columbia Banking System (COLB). In connection with the purchase, 1st Security Bank assumed approximately $431 million in deposit liabilities and acquired approximately $67 million in loans.
PRMNF

Hot Stocks

06:28 EST Prime Mining announces assay results from drilling outside resource areas - Prime Mining Corp.announces assay results from drilling located outside of the current resource areas, indicating significant exploration upside beyond the forthcoming Q2 2023 mineral resource update. These results are from drill holes targeting previously undrilled or mineralized structures with limited drilling. With continued follow-up in 2023, these initial results have the potential to significantly expand the footprint of the multi-million-ounce Los Reyes high-grade gold-silver deposits across a 15 square kilometre highly prospective mineralized area in mining-friendly Mexico. CEO Daniel Kunz commented, "Our 2023 work will maintain focus on known resource expansion within Guadalupe, Z-T and Central key areas, but we are also extremely excited about the success of the generative exploration results outside of these deposit areas. Further geological interpretation and drilling of five advanced generative areas, highlighted today, along with our extensive remote-sensing and field mapping across Los Reyes, are expected to define new mineralized trends conducive to additional gold-silver deposit discoveries." HIGHLIGHT INTERCEPTS:Fresnillo Area - 1.7 g/t AuEq over 19.3m in hole 22FRE-09, including 5.4 g/t AuEq over 3.6m; Fresnillo Area - 1.5 g/t AuEq over 6.4m in hole 22FRE-04, including 8.2 g/t AuEq over 0.95m AND 1.3 g/t AuEq over 6.0m also in hole 22FRE-04; Orito Area - 1.1 g/t AuEq over 9.4m in hole 22OR-06, including 2.3 g/t AuEq over 3.0 m; Orito Area - 1.1 g/t AuEq over 4.2m in hole 22OR-01, including 2.4 g/t AuEq over 1.1 m; Mariposa Area - 5.2 g/t AuEq over 35.3m in hole 21MA-06 including 42 g/t AuEq over 1.5m; Las Primas Area - 1.8 g/t AuEq over 7.5m in hole 21LP-02, including 17.6 g/t AuEq over 0.35m; Mina 20/21 Area - 18.2 g/t AuEq over 7.5m in hole 21MINA-02.
WPRT

Hot Stocks

06:25 EST Westport to invest up to $10M in manufacturing facility in China - Westport Fuel Systems announced plans to expand its global manufacturing footprint in China in support of future growth of Westport's hydrogen componentry business and other alternative fuel system technologies. Westport is focusing on China for this manufacturing expansion as China leads the world in hydrogen investment and infrastructure development. The investment agreement provides for the City of Changzhou to build the new hydrogen innovation center and manufacturing facility in the Changzhou Hydrogen Valley. Under the terms of the investment agreement, Westport and Changzhou will design and construct an ultra-modern manufacturing facility for hydrogen fuel systems, and office space specifically to meet Westport's advanced manufacturing requirements. The Changzhou site is expected to also include a contemporary innovation center that will provide continued focus on hydrogen solutions in support of Westport's mission to develop innovative, specialized, and market-ready emission-reduction solutions. Westport's plan to invest up to $10 million USD over the next ten years is intended to enable production of established hydrogen componentry to support the fast-growing hydrogen-fueled vehicles targeted to be on the road in China. The new Westport facility is planned to be in operation in 2024 supporting Westport's current and growing customer base with key hydrogen components for a variety of applications including commercial vehicles, buses, high-speed trains, material handling, stationary power generation and more.
EVLO

Hot Stocks

06:24 EST Evelo Biosciences commences dosing EDP2939 in Phase 2 trial - Evelo Biosciences announced that its first extracellular vesicle product candidate, EDP2939, has progressed to dosing in a Phase 2 psoriasis clinical trial after completing a safety and tolerability review from a first cohort of human volunteers. Safety and tolerability assessment of multiple ascending dose cohorts continues. Mark Bodmer, Ph.D., President of R&D and CSO of Evelo added, "EVs and EDP2939 show great promise as a new type of SINTAX medicine with potential for biologic-like efficacy based on three factors: the high intrinsic potency of EVs in preclinical models; the number and concentration of EVs that can be delivered in a single capsule; and the delivery to the target site of the proximal small intestine. We look forward to reporting EDP2939 psoriasis efficacy results, expected in the second half of this year."
HESM

Hot Stocks

06:19 EST Hess Midstream Partners files 2022 annual report on Form 10-K - Hess Midstream announced the filing of its annual report on Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on February 27, 2023.
SALM

Hot Stocks

06:19 EST Salem Media announces voluntary redemption of Senior Notes - Salem Media Group announced that it has issued an irrevocable notice of redemption to the trustee of its outstanding 6.75% Senior Secured Notes due 2024. The Notice calls for the redemption in full of the remaining $36.5 million in outstanding aggregate principal amount of 2024 Notes. The redemption date will be March 27, 2023 and the redemption price will be equal to 100% of the principal amount of the 2024 Notes being redeemed, plus accrued and unpaid interest to the redemption date, in accordance with the provisions of the indenture governing the 2024 Notes. The Company expects to pay the redemption price for the 2024 Notes by issuing an additional $44.685 million in aggregate principal amount of its 7.125% Senior Secured Notes due 2028 to certain holders of its 2028 Notes pursuant to a purchase agreement entered into with such holders in connection with the initial issuance of the 2028 Notes. The closing of the Additional Notes Issuance is subject to the satisfaction of customary closing conditions and there can be no assurance that the Additional Notes Issuance will be completed as contemplated or at all.
MAXR

Hot Stocks

06:18 EST Maxar Technologies awarded Phase 3b of U.S. Army's OWT contract - Maxar Technologies announced that it was awarded Phase 3b of the U.S. Army's One World Terrain prototype Other Transaction Agreement contract. In Phase 3b, Maxar will focus on enhanced conflation with open-source geospatial data and enhanced training areas using multisource collection, high-resolution insets. The OWT prototype will evaluate the use of small unmanned aerial collections and the georegistration of existing U.S. Army terrain datasets.
OGI

Hot Stocks

06:16 EST Organigram launches SHRED X Rip-Strip Hash - Organigram Holding is pleased to announce the launch of SHRED X Rip-Strip Hash. This botanical terpene-infused hash is unlike any other on the market - with 10 pre-cut strips of hash available in a 2g format. This product is a new ultra-convenient hash offering from SHRED that is available in the Tropic Thunder and new Blueberry Blaster flavour profiles.
VZIO BBY

Hot Stocks

06:16 EST Vizio appoints Mike Mohan to board of directors - VIZIO (VZIO) announced that R. Michael Mohan, former President and COO of Best Buy Co (BBY), Inc., has been appointed to the company's board of directors.
JBGS

Hot Stocks

06:14 EST Fortress Solutions selected by JBG Smith as facilities management partner - Fortress Solutions has been selected by JBG SMITH as its partner for end-to-end facilities management services for their fiber optics, edge data center, and 5G infrastructure across National Landing, known as the first 5G Smart City in the United States.
RC BRMK

Hot Stocks

06:13 EST Ready Capital: Expected value at closing approximately $787M
RC BRMK

Hot Stocks

06:13 EST Ready Capital: Market cap of combined company to be about $2.2B
RC BRMK

Hot Stocks

06:13 EST Ready Capital, Broadmark Realty Capital announce definitive merger agreement - Ready Capital Corporation (RC) and Broadmark Realty Capita (BRMK) announced that they have entered into a definitive merger agreement pursuant to which Broadmark will merge with Ready Capital. Upon completion of the merger, Ready Capital is expected to have a pro forma equity capital base of $2.8B. Under the terms of the merger agreement, each share of Broadmark common stock will be converted into 0.47233 shares of Ready Capital common stock, or a total of approximately 63 million shares of Ready Capital common stock. The respective closing stock prices for Ready Capital and Broadmark on February 24, 2023 imply an offer price of $5.90 per Broadmark share, representing a 41% premium or approximately 0.85x tangible book value as of December 31, 2022. Upon the closing of the merger, Ready Capital stockholders are expected to own approximately 64% of the combined company's stock, while Broadmark stockholders are expected to own approximately 36% of the combined company's stock. In addition, Ready Capital will assume Broadmark's outstanding senior unsecured notes. Based on the closing price of Ready Capital's common stock on February 24, 2023, the market capitalization of the combined company is approximately $2.2B. The combined company will operate under the name "Ready Capital Corporation" and its shares will trade on the NYSE under the existing ticker symbol "RC". Waterfall Asset Management, LLC will continue to manage the combined company. Upon completion of the merger, Ready Capital's Chairman, Chief Executive Officer and Chief Investment Officer, Thomas Capasse, will continue to lead the company and Ready Capital executives Jack Ross, Andrew Ahlborn, Gary Taylor and Adam Zausmer will remain in their current roles. The combined company will remain headquartered in New York, New York. The Board of the combined company is expected to increase by three Broadmark-designated directors to twelve directors. The transaction has been unanimously approved by each of the Boards of Directors of Ready Capital and Broadmark. The transaction is expected to close during the second quarter of 2023, subject to the respective approvals by the stockholders of Ready Capital and Broadmark and other customary closing conditions.
RC BRMK

Hot Stocks

06:11 EST Ready Capital, Broadmark Realty Capital announce definitive merger agreement
IAUX

Hot Stocks

06:11 EST i-80 GOLD to acquire Paycore Mineral - i-80 GOLD and Paycore Mineral announced that the companies have entered into a definitive arrangement agreement whereby i-80 will acquire all of the outstanding common shares of Paycore pursuant to a statutory plan of arrangement under the Business Corporations Act. Paycore owns the FAD Property that is host to the high-grade FAD deposit located immediately south of, and adjoining, i-80's 100%-owned Ruby Hill Property located in Eureka County, Nevada.The transaction will consolidate the northern portion of the Eureka District and is expected to strengthen i-80's dominant presence in the district by increasing the size of the land package at Ruby Hill by more than 34% to approximately 14,272 acres, providing i-80 enhanced exposure to one of the world's premier emerging Carbonate Replacement Deposit districts. Pursuant to the Transaction, Paycore shareholders will receive 0.68 of an i-80 common share for each Paycore Share held, representing a premium of 36% based on the 20-day volume weighted average price of both Paycore and i-80 shares for the period ended February 24 and a 26% premium based on the closing prices of both companies on February 24. Based on the Exchange Ratio, upon completion of the transaction, existing i-80 shareholders will own approximately 90% and former Paycore shareholders will own approximately 10% of the combined company, on a fully diluted in-the-money basis. The Agreement includes, among other things, customary representations, warranties and covenants, including a non-solicitation provision, a right to match superior proposals in favour of i-80, as well as a termination fee of approximately $3.3M payable by Paycore under certain customary circumstances. The transaction is expected to be structured as a plan of arrangement under the Business Corporations Act and, in addition to other customary closing conditions, is subject to regulatory, stock exchange and court approvals or orders. The transaction will require the approval of two-thirds of the votes cast by Paycore shareholders at a special shareholder meeting and if required, a simple majority of the votes cast by Paycore shareholders at the special shareholder meeting, excluding the votes held by certain persons as required by Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions. Officers, directors and certain shareholders of Paycore including Waterton, who collectively hold approximately 29% of Paycore Shares, have entered into voting support agreements in favor of the Transaction. The special meeting of shareholders of Paycore to approve the transaction is expected to be held in late April.
FREY

Hot Stocks

06:10 EST Freyr Battery announces strategic mandate, milestone outlook - FREYR is focused on advancing the following strategic mandates and milestones over the next 12 months: Successfully complete the start of operations at the CQP in 1Q 2023. The capability to produce sample cells from the CQP is expected to accelerate and cement customer dialogues, fortify FREYR's competitive position, demonstrate the scalability of the 24M manufacturing process, and satisfy key technical performance milestones. Accelerate the Company's expansion in the U.S. with a new targeted start of production of 2025 for Giga America to address customer inquiries for fit-for-purpose ESS solutions and to maximize the financial impact of the IRA along with state and local tax incentive packages. FREYR is pursuing fast-tracked development of the previously planned Giga America project schedule to commence production by 2025. Work with leading strategic, financial, and government stakeholders to advance FREYR's capital formation journey. FREYR's intensifying financing processes include prospective project and/or parent-level investment discussions; initial engagement with the U.S. Department of Energy to secure a financial assistance package; advancing the Giga Arctic project financing, and a range of industrial partnership opportunities. Progress construction on the Giga Arctic development while prudently managing capital spending in advance of the anticipated close of the project financing and expected Norwegian and/or EU responses to the IRA. Advance discussions that will further FREYR's ambition to be an industrial scaling partner of choice for leading complementary technology platforms that target distinct and additional end market applications across the ESS, passenger EV, and commercial electric mobility markets. Continue to broaden and augment FREYR's value proposition with the intention to maximize sustainable long-term shareholder value and enhance the Company's competitive position. Key objectives in accordance with this strategy are to continue to forge new strategic and financial partnerships that advance and accelerate the Company's industrialization plan and capital formation.
LKQ UNIEF

Hot Stocks

06:08 EST LKQ Corp. to acquire Uni-Select for C$48.00 per share in cash - LKQ Corporation (LKQ) and Uni-Select Inc. (UNIEF) announced that they have entered into a definitive agreement for LKQ to acquire all of Uni-Select's issued and outstanding shares for C$48.00 per share in cash, representing a total enterprise value of approximately C$2.8 billion. Founded in Boucherville, Quebec, Canada in 1968, Uni-Select is a leader in the distribution of automotive refinish and industrial coatings and related products in North America through its FinishMaster segment, in the automotive aftermarket parts business in Canada through its Canadian Automotive Group segment and in the U.K. through its GSF Car Parts segment. With over 5,200 employees, 15 distribution centers and 400+ branches, Uni-Select supports over 70,000 customers annually across the United States, Canada, and the U.K. The Transaction is expected to generate approximately US$55 million of annual run-rate cost synergies by the third year following closing, plus incremental revenue and margin opportunities across the Uni-Select and LKQ businesses The Transaction price of C$48.00 per share represents a premium of 19.2% to Uni-Select's closing share price on February 24, 2023 and 20.7% to Uni-Select's trailing 20-day volume-weighted average price. LKQ expects the Transaction to be accretive to its Adjusted EPS in the first year following closing. LKQ intends to fund the Transaction through a combination of cash on hand and new debt. At closing, LKQ expects to have total leverage of approximately 2.4x. consistent with its ongoing strong commitment to maintaining investment grade ratings, LKQ will prioritize de-leveraging and intends to remain highly disciplined with regard to additional M&A activity. LKQ has secured bridge financing commitments from Bank of America and Wells Fargo. The Transaction is not subject to a financing condition. After consultation with its outside financial and legal advisors and after receipt of the unanimous recommendation of a Special Committee of the Board of Directors, the Uni-Select Board of Directors has unanimously approved the Transaction and unanimously recommends that Uni-Select shareholders vote in favor of the Transaction. The Transaction will be implemented by way of a plan of arrangement under the Business Corporations Act and is expected to close in the second half of 2023, subject to customary conditions, including the receipt of anti-trust clearances in Canada, the U.S. and the U.K., approval under the Investment Canada Act, Uni-Select shareholder approval, and court approval. In connection with the Transaction, LKQ will undertake a process to divest GSF Car Parts U.K., Uni-Select's U.K. based mechanical parts distribution business.
RDY MAYNF

Hot Stocks

06:05 EST Dr. Reddy's to acquire Mayne Pharma for upfront payment of $90M - Dr. Reddy's Laboratories (RDY) announced that it has entered into a definitive agreement to acquire the U.S. generic prescription product portfolio of Salisbury, Australia, based Mayne Pharma Group Limited (MAYNF) The portfolio includes approximately 45 commercial products, four pipeline products and 40 approved non-marketed products, including a number of generic products focused on women's health. For the financial period ended June 30, 2022, Mayne Pharma reported total revenue of $111M for the acquired portfolio. Approved high-value products include a hormonal vaginal ring, a birth control pill and a cardiovascular product. Under the terms of the agreement, Dr. Reddy's will acquire the portfolio for an upfront payment of approximately $90M in cash, contingent payments of up to $15M, consideration towards inventory and credits for certain accrued channel liabilities to be determined on the closing date. The closing of the transaction is subject to satisfactory completion of customary closing conditions including the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The acquisition will complement Dr. Reddy's U.S. retail prescription pharmaceutical business with limited competition products. It also supports Dr. Reddy's efforts to accelerate and expand affordable medications for patients.
HCM

Hot Stocks

05:32 EST Hutchmed completes patient enrollment for amdizalisib trial - Hutchmed announces that it has completed patient enrollment of Phase II registration trial of amdizalisib in patients with relapsed or refractory follicular lymphoma, or FL, a subtype of non-Hodgkin's lymphoma, or NHL. The last patient was enrolled on February 24.
MKUL

Hot Stocks

05:31 EST Molekule to acquire Aura Smart Air for $10M in an all-stock merger - Molekule announced it has entered into a definitive agreement to acquire Aura Smart Air, an Israeli-based company currently listed on the Tel Aviv Stock Exchange, in an all-stock merger with a value of approximately $10M. Molekule has the largest range of proprietary and patented, FDA-cleared air purification devices. Under the terms of the Merger, Molekule has agreed to acquire Aura for a total purchase price of approximately 3,519,105 shares of Molekule common stock. Aura, an Israeli-based technology company currently listed on the Tel Aviv Stock Exchange, is the creator of a proprietary, software, sensor and IoT-enabled data-driven air purification system. Consummation of the merger is subject to customary closing conditions, including among others the SEC declaring Molekule's registration statement on Form S-4 effective, the listing of Molekule's common stock on the Tel Aviv Stock Exchange, receipt of Aura shareholder approval, receipt of a tax ruling regarding Israeli withholding tax and receipt of all material third party consents. The merger is expected to close early in the second half of 2023. While Aura will retain its technology development offices in Tel Aviv led by Eldar Shnaiderman, as CTO, several members of the Aura executive team will integrate into Molekule's offices in the U.S., led by Aviad Shnaiderman, as general manager of global commercial sales.
CSCO

Hot Stocks

05:28 EST Cisco partners with Mercedes-Benz on mobile office experience - Cisco announced it is working with Mercedes-Benz to provide an optimal mobile office experience in its new Mercedes-Benz E Class vehicles. This partnership will help people get work done safely, securely, and comfortably in their vehicles, with the modern luxury and intuitive features that Mercedes-Benz and Webex customers are accustomed to.
ABBV

Hot Stocks

05:20 EST AbbVie receives CHMP opinion recommending approval for upadacitinib - AbbVie announced the European Medicines Agency's, or EMA, Committee for Medicinal Products for Human Use, orCHMP, recommended the approval of upadacitinib, 45 mg and 15 mg and 30 mg for the treatment of adult patients with moderately to severely active Crohn's disease who have had an inadequate response, lost response or were intolerant to either conventional therapy or a biologic agent.
NOK

Hot Stocks

05:13 EST Nokia selected by MTN South Africa has 5G RAN equipment provider - Nokia announced that it has been selected by MTN South Africa for the first time ever as one of its 5G Radio Access Network, or RAN, equipment providers. Under the deal, Nokia will modernize the existing 2G/3G/4G radio network and expand MTN's 5G radio network across 2800 sites in the Central and Eastern part of the country, driving digitalization across the African continent. MTN SA is part of MTN Group, Africa's largest mobile network operator with operations in 17 countries serving 272M subscribers. Nokia will provide equipment from its next-generation, energy-efficient AirScale portfolio - powered by its latest generation of ReefShark chipsets - including 5G AirScale baseband, massive MIMO active antennas and remote radio heads covering all urban and rural scenarios. Nokia will also provide its Self-Organizing Networks solution for optimization and network assurance, ensuring MTN's network continues to perform optimally. Nokia's solutions will enable a superior 5G experience for mobile users with high bandwidth, ultra-fast speeds, and low latency. As part of its commitment to South Africa, Nokia is also establishing a training program to drive digitalization in the country and across the African continent. Open to 5,000 applicants, the program will focus on product development as well as developing entrepreneurship. The program is aligned with the Finnish National Agency of Education and graduates will receive a diploma supporting further career opportunities.
OPRA

Hot Stocks

05:10 EST Opera announces collaboration with OpenAI - Opera announced a collaboration with the artificial intelligence research laboratory OpenAI. This news comes two weeks after Opera announced its plans to expand its existing AI program by entering the AI-generated content, or AIGC, space through its own solutions and existing partnerships. Through the access to OpenAI's API and its first official generative-AI collaboration announcement, Opera gains access to OpenAI's AI models, as well as personalized support from OpenAI's research team. This will allow the Oslo-based browser company to reshape the upcoming versions of its PC and mobile browsers towards the needs of the future versions of the Web. Opera browser users will be able to benefit from everything AI-backed browsing has to offer. With this collaboration, Opera aims to integrate artificial intelligence and generative computing technologies into its products, reimagining the user experience.