Stockwinners Market Radar for May 15, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:26 EDT Gatos Silver to delay Q1 financial statements - Gatos Silver "announced it will be delayed in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2023 which includes the unaudited interim financial statements as at March 31, 2023 of the Company and the Los Gatos Joint Venture. The delay results from a previously disclosed, ongoing review of filed financial statements of the Company and of the LGJV for the year ended December 31, 2021 and the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022. The Company expects to adjust and restate r (i) its and the LGJV's financial statements in respect of the timing and recognition of net deferred tax assets and liabilities at the LGJV and (ii) its financial statements from the impact of the timing and recognition of the priority distribution obligation and subsequent payments on the previously recognized income from affiliates."

20:06 EDT Cathie Wood's ARK Investment bought 100K shares of Toast today

19:05 EDT Arcellx director sells $28.7M in common stock - In a regulatory filing, Arcellx disclosed that its director Jill Carroll sold 638.4K shares of common stock on May 11th in a total transaction size of $28.7M.

18:38 EDT CISO forms vCISO to own certain intellectual property of the company - CISO Global announced that it has formed vCISO to own and out-license certain intellectual property of the company. The ARGO Security Management Platform will be the first asset moved to the wholly owned subsidiary. ARGO provides a holistic view of a company's information security program on a single pane of glass. Designed to empower both security professionals and non-technical executives with real-time data to see how vital components of their security program are performing, ARGO has been successfully deployed on customer networks. CISO expects to move additional intellectual property to vCISO on an ongoing basis.

18:09 EDT Voxx falls 20% to $9.60 after Q4 loss - Commenting on the company's results and business outlook, Pat Lavelle, CEO stated, "While we had a lot of positive developments and continued to win new business and expand globally, Fiscal 2023 was certainly a challenging year. From inflation, fears of recessions across the globe, the retail environment and ongoing supply chain constraints, we faced a myriad of roadblocks this year and our results came in lower than expected. We're anticipating continued softness in the global economy and at retail, though chip availability has improved which should positively impact our Automotive business. We continued to grow the Onkyo and Pioneer business and have plans to expand our footprint globally this year. Additionally, our Biometrics segment should show considerable improvement with new accounts awarded and several projects underway."

18:03 EDT Acushnet Holdings exec sells $1.54M in common stock - In a regulatory filing, Acushnet Holdings disclosed that its exec Mary Louise Bohn sold 30K shares of common stock on May 11th in a total transaction size of $1.54M.

17:42 EDT Keurig Dr Pepper exec buys $186.4K in common stock - In a regulatory filing, Keurig Dr Pepper disclosed that its General Counsel Anthony Shoemaker bought 82K shares of common stock on May 11th in a total transaction size of $186.4K.

17:19 EDT Pershing Square take new stake in Alphabet, cuts position in Lowe's - Bill Ackman's Pershing Square Capital Management disclosed in an SEC filing its holdings as of March 31, 2023. Pershing Square's new buys during the first quarter included, by size of position, Alphabet (GOOG) and Alphabet (GOOGL). Pershing Square increased its stake in multiple holdings, including by size of previous position, Howard Hughes (HHC) and Canadian Pacific Kansas City (CP). Pershing Square reduced its stake in Lowe's (LOW). Pershing Square's top holdings as of March 31, in order of size, were Lowe's, Chipotle Mexican Grill (CMG), Restaurant Brands (QSR), Hilton Worldwide (HLT), and Howard Hughes.

16:58 EDT Toast director sells $1.1M in common stock - In a regulatory filing, Toast disclosed that its director Mark Hawkins sold 52.8K shares of common stock on May 11th in a total transaction size of $1.1M.

16:57 EDT Trian Fund buys GE Healthcare, exits Sysco in Q1 - Nelson Peltz's Trian Fund Management disclosed in an SEC filing its holdings as of March 31, 2023. The fund's one new buy during the first quarter was GE Healthcare (GEHC). Trian exited one position during the quarter, namely Sysco (SYY). Trian increased its stake in two hldings, including by size of previous position General Electric (GE) and Mondelez (MDLZ). The fund reduced its stake in two holdings, including by size of previous position Invesco (IVZ) and Disney (DIS). Trian's top holdings as of March 31, 2023, in order of size, were Janus Henderson (JHG), Disney, Invesco, Wendy's (WEN), and GE.

16:48 EDT Great Elm Group CFO Pearson resigns, Davis named next CFO - Great Elm Group (GEG) announced that Brent Pearson resigned as Chief Financial Officer. The Board of Directors unanimously appointed Keri Davis as CFO effective immediately. With the assumption of the CFO position at GEG, Ms. Davis expands her role with the Company as she continues in her capacity as CFO of Great Elm Capital Corp. (GECC), a business development company managed by a subsidiary of GEG. "On behalf of the Company and the Board, I am thrilled to have Keri expand her role to CFO of GEG as we reposition our focus on alternative asset management," said Jason Reese, CEO and Chairman of the GEG Board. "Keri's experience working with asset management companies makes her uniquely qualified to lead the finance and accounting team at GEG. I want to take the opportunity to thank Brent Pearson for his service and contributions to Great Elm."

16:41 EDT Globus Medical receives FDA clearance for Reflect Scoliosis Correction System - Globus Medical announced the Reflect Scoliosis Correction System has been granted approval from the FDA, as the company's first humanitarian device. Reflect is designed to correct progressive scoliosis in young patients while preserving motion, maintaining stability, and allowing for future modulated growth.

16:35 EDT Hall of Fame Resort & E. reports Q1 revenue $3.1M, up 48% from last year - Reports Q1 adjusted EBITDA loss $12.0M, compared to a loss of $6.7M in the same period in the prior year. "Our primary focus remains on driving revenue growth through the creation of assets and new content for our guests to enjoy. This spring, we hosted over one hundred thousand people on campus for various sporting and entertainment events, signed several compelling media deals, and have continued to establish our brand within the gaming space. We are transitioning from necessary pre-opening launch expenses into a more efficient cost model with refinement of ongoing operations across our company. Executing our strategy to drive synergistic revenue growth and expense management will lead to future profitability," said Michael Crawford, HOFV President and CEO.

16:28 EDT Paulson exits Bidu, cuts Horizon Therapeutics in Q1 - John Paulson's Paulson & Co. disclosed in an SEC filing its holdings as of March 31, 2023, The fund exited five positions during the quarter, including by size of previous position KraneShares CSI China Internet ETF (KWEB), SSR Mining (SSRM), Overseas Shipholding (OSG), and Baidu (BIDU). Paulson decreased its holding in one position, namely Horizon Therapeutics (HZNP). The fund's top holdings as of March 31, 2023, in order of size, were Bausch Health (BHC), Brightsphere (BSIG), Novagold (NG), Perpetua Resources (PPTA), and Horizon Therapeutics.

16:26 EDT Berkshire Hathaway takes stake in Capital One, exits RH - Berkshire Hathaway disclosed in an SEC filing its holdings as of March 31. Berkshire Hathaway's two new buys during the first quarter included, by size of position, Capital One (COF) and Diageo (DEO). Berkshire Hathaway exited four positions during the quarter, including by size of previous position, BNY Mellon (BNY), RH (RH), TSMC (TSM), and US Bancorp (USB). Berkshire increased its stake in seven holdings, including by size of previous position, Apple (AAPL), Occidental Petroleum (OXY), HP Inc (HPQ), Paramount Global Class B (PARA), Citigroup (C), and Markel (MKL). Berkshire reduced its stake in eight holdings, including by size of previous position, Chevron (CVX), McKesson (MCK), General Motors (GM), Celanese (CE), Ally Financial (ALLY), Aon (AON), Amazon.com (AMZN), and Activision Blizzard (ATVI). Berkshire's top holdings as of March 31, in order of size, were Apple, Bank of America (BAC), American Express (AXP), Coca-Cola (KO), and Chevron.

16:20 EDT Appaloosa takes stake in FedEx, exits Aptiv - Appaloosa disclosed in an SEC filing its holdings as of March 31, 2023. Appaloosa's new buys during the first quarter included, by size of position, FedEx (FDX), Nvidia (NVDA), Tesla (TSLA), and Ark Innovation ETF (ARKK). Appaloosa exited one position during the quarter, Aptiv (APTV). Appaloosa increased its stake in seven holdings, including by size of previous position, Uber (UBER), Amazon.com (AMZN), Meta Platforms (META), Alphabet Class C (GOOGL), Microsoft (MSFT), Antero Resources (AR) and Macy's (M). Appaloosa reduced its stake in three holdings, including by size of previous position, Constellation Energy (CEG), HCA Healthcare (HCA), and Salesforce (CRM). Appaloosa's top holdings as of March 31, in order of size, were Alphabet Class C, Amazon.com, Uber, Constellation Energy, and Meta Platforms.

16:16 EDT VirnetX receives non compliance letter from NYSE - VirnetX Holding announced that on May 12 it received a notice from the New York Stock Exchange that the Company's common stock is not in compliance with Rule 802.01C of the NYSE's Listed Company Manual relating to the minimum average closing price of the Company's common stock required over a consecutive 30 trading-day period. The NYSE notification does not affect the Company's business operations or its Securities and Exchange Commission reporting requirements. Under the NYSE standards, the Company can regain compliance with Rule 802.01C if, during the six-month period following receipt of the NYSE notice, on the last trading-day of any calendar month, the Company's common stock has a closing price per share of at least $1.00 and a 30 trading-day average closing share price of at least $1.00. The Company intends to cure the price deficiency and return to compliance with Rule 802.01C within the applicable cure period.

16:12 EDT Bruker announces two-year share buyback of up to $500M - Bruker Corporation announced that on May 12, 2023, its Board of Directors approved a new share repurchase authorization for the purchase of up to $500M of the company's common stock over a two-year period commencing on May 15, 2023. The share repurchase authorization permits shares to be repurchased under open market purchases, accelerated share repurchases, or pursuant to trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The share repurchase authorization does not obligate the Company to repurchase any specific number of shares and may be suspended, modified or terminated at any time without prior notice. "Bruker's strong financial performance, outlook, and balance sheet continues to support a flexible capital allocation strategy with our goal of maximizing shareholder value creation over the long term," said Gerald Herman, Executive Vice President and Chief Financial Officer of Bruker. "This new share repurchase authorization provides flexibility to selectively return capital to our shareholders while continuing to prioritize investments which enable innovation and sustainable growth over time, including in our high-growth, high-margin, Project Accelerate 2.0 initiatives."

16:11 EDT Invitae to appeal jury's veredict in Natera patent case - Invitae (NVTA) announced that it intends to appeal the verdict delivered by a jury at the U.S. District Court for the District of Delaware. The jury found that Invitae's products using Anchored Multiplex PCR, or AMP, chemistry infringe certain Natera (NTRA) patents. The jury awarded Natera a total of $19.35M, based on lost profits and a royalty rate of 10% on certain products. Invitae will vigorously defend itself in future proceedings regarding Natera's request for injunctive relief. In response to the verdict, Invitae President and CEO Ken Knight said, "We continue to have strong confidence in our product portfolio and our freedom to operate based on the unique and distinguished nature of our technology, and expect to demonstrate that in ongoing proceedings. We believe that it is important to provide options for cancer patients, clinicians and healthcare systems. To that end, we are committed to bringing an effective and differentiated Personalized Cancer Monitoring, or PCM, solution to market."

16:09 EDT Cazoo EU exit complete following Cluno sale - Cazoo Group announced the completion of the sale of its German subscription business, Cluno GmbH, to ViveLaCar GmbH and The Platform Group GmbH & Co. KG. The financial terms of the transaction were not disclosed. The agreement includes 100% of the capital and voting rights of the company Cluno GmbH and the Cluno brand along with the associated assets. All employees of Cluno have transferred to ViveLaCar GmbH as part of the agreement. This transaction, together with previously announced sales and winddown of other businesses and assets in Europe, concludes the withdrawal of Cazoo from mainland Europe.

16:06 EDT SunPower appoints Elizabeth Eby as CFO - SunPower announced that Elizabeth "Beth" Eby has been appointed as its CFO, effective May 30. Eby is a seasoned executive who brings more than 30 years of experience in financial strategy, execution and governance at Fortune 50 and publicly traded technology companies. As CFO, Eby will play a critical role in developing and implementing the company's strategic growth plan and in leading SunPower's finance organization and activities. Eby most recently served as CFO of NeoPhotonics Corporation, a worldwide leader in high-speed digital optics. Prior to that, she grew her career at Intel Corporation, where she held several senior roles during her more than 25-year tenure, including Vice President of Finance and Group CFO for the Internet of Things business. She holds a Bachelor of Science degree in Mathematics from the University of Michigan and a Master of Science in Industrial Administration (MBA) from Carnegie Mellon University.

16:02 EDT Chicken Soup for the Soul enters global agreement with TaTaTu - Chicken Soup for the Soul "announced it has signed a global content agreement with Rome-based entertainment and social media platform TaTaTu. TaTaTu will launch its service via the unique TaTaTu app available for iOS and Android devices using Chicken Soup for the Soul Entertainment-owned movies, television series, and documentaries. TaTaTu is the first platform to reward users with coins for social media activities and viewing content. Users can earn coins by watching movies and TV series for free, posting videos and photos, and earn even more TTU Coins when someone likes, comments, views, chats, or shares a post or when users invite a friend. The coins can then be used to bid on auctions for products or experiences - or exchanged for e-commerce products."

15:54 EDT Sientra Portfinder tissue expander judged 'Substantially Equivalent' by FDA - The Sientra Portfinder tissue expander was judged to be "Substantially Equivalent" by the FDA, according to a 510(k) Premarket Notification posted to the agency's website. Reference Link

15:45 EDT Avangrid trading resumes

15:21 EDT PNM says New Mexico Supreme Court denies motion to remand merger appeal - The New Mexico Supreme Court issued a decision to deny a joint motion filed by PNM Resources (PNM), Avangrid (AGR) and the New Mexico Public Regulation Commission, or NMPRC, to dismiss the appeal of its merger denial and remand the case back to the NMPRC, PNM announced. "The appeal of the NMPRC's merger denial remains in the jurisdiction of the Court, and the Court has scheduled oral arguments for September 12, 2023. There is no statutory deadline for the Court's decision. The Court also denied motions by intervening parties to supplement the record," PNM stated in press release announcing the court's decision.

14:49 EDT Tiger Global buys TSMC, exits AppLovin in Q1 - Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of March 31, 2023. The fund's nine new buys during the quarter included, by size of position, TSMC (TSM), Apple (AAPL), XP Inc. (XP), Lam Research (LRCX), and Applied Materials (AMAT). Tiger exited eight holdings during the quarter, including by size of previous position AppLovin (APP), Qualtrics (XM), Warby Parker (WRBY), Joby Aviation (JOBY), and PDD Holdings (PDD). The fund increased its stake in 12 holdings, including by size of previous position Alphabet Class A (GOOGL), Microsoft (MSFT), Amazon (AMZN), Take-Two (TTWO), and Intuit (INTU). Tiger reduced its stake in 21 holdings, including by size of previous position Kanzhun (BZ), Snowflake (SNOW), SentinelOne (S), Spotify (SPOT), and Pagaya Technologies (PGY). The fund's top holdings as of March 31, in order of size, were Microsoft, Meta Platforms (META), JD.com (JD), Amazon, and Alphabet Class A.

14:26 EDT Pontem Corp trading resumes

14:16 EDT Krispy Kreme approves transition of Joey Pruitt to U.S. CFO - Krispy Kreme said its board appointed Kelly McBride as Chief Accounting Officer. Prior to the appointment, McBride served as Vice President, Global Corporate Controller, of the company since June 2022. The board also approved the transition of Joey Pruitt from the role of the principal accounting officer of the company to the company's U.S. Chief Financial Officer.

14:10 EDT General Motors to recall nearly 1M vehicles fitted with faulty airbag inflators - General Motors is recalling nearly 1M sports utility vehicles in the U.S. that are fitted with defective airbag inflators. The company said that 994,763 total vehicles are covered in a recalled filed with NHTSA, and includes 244,304 Model Year 2014-2017 Buick Enclave vehicles, 457,316 Model Year 2014-2017 Chevrolet Traverse vehicles, and 293,143 Model Year 2014-2017 GMC Acadia vehicles. In these vehicles, the front-driver airbag inflator may contain a supplier manufacturing defect that may result in inflator rupture during deployment. The company is "continuing its investigation" into the matter.

13:52 EDT Jury rules in favor of Natera in patent suit against ArcherDX/Invitae - Natera (NTRA) announced that a jury in the U.S. District Court for the District of Delaware has reached a unanimous verdict in favor of Natera in the patent infringement suit it filed against ArcherDX/Invitae Corp (NVTA). The jury found that all accused ArcherDX/Invitae products infringe three of Natera's patents. The jury determined that all three patents are valid and awarded both past lost profits and a past royalty of 10%, totaling $19.35M to be paid by the defendants to Natera. At an upcoming hearing, the judge will determine whether to grant an injunction against ArcherDX/Invitae or whether to award ongoing royalties. The company stated: "We are pleased with the jury's verdict in this case, which underscores our commitment to innovative technology backed by scientific evidence that advances patient care. The Natera patents asserted against ArcherDX/Invitae in this case are a fraction of an extensive global IP portfolio of more than 360 issued or pending patents, with more than 180 in the field of oncology/MRD. We remain focused on serving the oncology community, including our many physicians and patients."

13:38 EDT Pontem Corp trading halted, news pending

13:04 EDT ZeroFox's LookingGlass expanded partnership with U.S. DoD agency - ZeroFox announced that its subsidiary, LookingGlass Cyber Solutions, has expanded its partnership with a critical U.S. Federal Department of Defense agency. This announcement comes on the heels of the recent acquisition of LookingGlass by ZeroFox. The renewal provides the agency with enhanced visibility, actionable threat intelligence, and increased protection across the entire external attack surface.

12:36 EDT RealReal spikes after Burry's Scion discloses position - Shares of RealReal moved higher after Michael Burry's Scion Asset Management disclosed a position in a name. In a regulatory filing detailing its holdings as of March 31, 2023, Scion disclosed a 684,442 share position in RealReal. The stock in midday trading is up 13% to $1.26.

12:18 EDT Baosheng Media Group Holdings Ltd trading resumes

12:16 EDT Lennox raises quarterly cash dividend to $1.10 per share - The board of directors of Lennox approved an increased quarterly cash dividend of $1.10 per share of common stock, payable July 14, 2023, to stockholders of record as of June 30, 2023.

12:13 EDT Baosheng Media Group Holdings Ltd trading halted, volatility trading pause

12:01 EDT FICO names Steve Weber as CFO - FICO announced that Steve Weber has been appointed as CFO. Weber joined FICO in 2003 and was named interim CFO in January 2023, succeeding Michael McLaughlin. FICO retained a global executive search firm and executed an extensive search before selecting Weber due to his proven track record, his deep knowledge of the FICO business, and his extensive experience as a financial leader, the company said in a statement. "Steve stepped smoothly into the CFO role and has proven to the FICO board and leadership team that he is the best person for the role in the long term," said Will Lansing, FICO's CEO. "He knows our business, our strategy and our stakeholders extremely well. We have full confidence in Steve and his leadership as we continue our growth momentum and execute our strategy."

12:00 EDT Oneok falls -9.6% - Oneok is down -9.6%, or -$6.09 to $57.63.

12:00 EDT Magellan Midstream rises 13.4% - Magellan Midstream is up 13.4%, or $7.43 to $62.84.

12:00 EDT C3.ai rises 17.5% - C3.ai is up 17.5%, or $3.39 to $22.81.

11:39 EDT Amazon, Embracer Group enter agreement to develop The Lord of the Rings game - Amazon Games (AMZN) and Embracer Group (THQQF) announced they have reached an agreement for Amazon Games to develop and publish a new massively multiplayer online game based on The Lord of the Rings by J.R.R. Tolkien. The upcoming game will be an open-world MMO adventure in a persistent world set in Middle-earth, featuring the beloved stories of The Hobbit and The Lord of the Rings literary trilogy. The game is in early stages of production, with the Amazon Games Orange County studio-makers of the popular open-world MMO game New World-leading development. Amazon Games will publish the game globally for PC and consoles. Additional details, including launch timing, will be shared at a later date.

11:03 EDT Alibaba says SEC completed review of fiscal 2022 annual report - On May 11, the United States Securities and Exchange Commission released on its website the full set of correspondence between the SEC's Division of Corporation Finance and Alibaba from September 7, 2022 through April 12, 2023 in relation to the SEC's regular review of the company's annual report for the fiscal year ended March 31, 2022 filed on July 26, 2022. The SEC confirmed in its letter dated April 12 that it has completed its review, Alibaba said in a statement. Unless released by the SEC, correspondence between the SEC and a U.S. reporting company is not available for public review, it added.

10:52 EDT NYSE suspends trading immediately in Venator Materials, starts delisting process - The New York Stock Exchange announced that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Venator Materials PLC - ticker symbol VNTR - from the NYSE. Trading in the company's ordinary shares will be suspended immediately. "NYSE Regulation reached its decision that the company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company's May 15, 2023 disclosure that the company has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the company's ordinary shares. NYSE Regulation also noted that the company's ordinary shares are proposed to be cancelled as part of the company's restructuring and will experience a complete loss on their investment based on the terms of the restructuring support agreement," the exchange stated.

10:40 EDT Activision up 1% to $77.94 after EU approves proposed Microsoft buyout

10:38 EDT Stronghold Digital Mining announces 1-for-10 reverse stock split - Stronghold Digital Mining announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value $0.0001 per share, and Class V common stock, par value $0.0001 per share, that will become effective on May 15, 2023, at 5:00 p.m., Eastern Time. Stronghold's Class A Common Stock will continue to trade on The Nasdaq Global Market under the symbol "SDIG" and will begin trading on a split-adjusted basis when the market opens on May 16, 2023. The new CUSIP number for the Class A Common Stock following the Reverse Split will be 86337R 202. The Reverse Split is primarily intended to increase the per share market price of the Company's Class A Common Stock and bring the Company into compliance with the minimum bid price requirement for maintaining its listing on Nasdaq. To evidence compliance with this requirement, the closing bid price of the Company's Class A Common Stock must be at least $1.00 per share for a minimum of 10 consecutive business days by May 30, 2023. The reduction in the number of issued and outstanding shares of Common Stock as a result of the Reverse Split is, absent other factors, expected to proportionately increase the market price of the Class A Common Stock to a level above the current market trading price, although there is no assurance that this will occur. Additionally, there is no assurance that the Reverse Split will allow the Company to achieve compliance with Nasdaq's listing maintenance standard.

10:36 EDT Lion Long Term urges Texas Pacific Land stockholders to vote against Proposal 4 - Lion Long Term Partners LP, a significant Stockholder of 50,600 shares of Texas Pacific Land Corporation, issued a letter to stockholders and proxy advisors, which read, "On April 28th, following the release of the transcript of the April 17th trial hearing in Delaware Chancery Court, we wrote to Glass Lewis, Institutional Shareholder Services and Egan Jones urging them to review their recommendation to vote "For" Proposal 4 at the adjourned 2022 Texas Pacific Land Corporation Annual Meeting, to be held May 18, 2023 solely to consider Proposal 4. We also wrote to The New York Stock Exchange urging them to review their classification of Proposition 4 as "Routine". Yesterday Glass Lewis announced that it has changed its recommendation with respect to Proposal 4 to "Against" and we urge the other Proxy Advisors to review their case files and Glass Lewis' detailed explanation of its change in position and follow Glass Lewis in recommending an Against vote on Proposal 4, and we urge the Stockholders of the Company who have voted For Proposal 4 to reconsider their position. In its May 9 update of its analysis of Proposal 4, Glass Lewis explains its change of recommendation as based on its review of the documents filed in the Delaware Chancery Court litigation initiated by the Company against the "Investor Group" of the Company owning some 21% of the Company outstanding common shares, and TPL's April 25 supplemental proxy materials. Glass Lewis noted that the Investor Group submitted proxies for the 2022 Annual Meeting to vote against Proposal 4, and that at the Annual Meeting management had obtained favorable votes from only 35.2% of the outstanding common shares, well short of the simple majority required for approval of Proposal 4. Glass Lewis further noted that the position of the Investor Group is that the Company should be governed as it has for most of its 135-year history operating as a liquidating trust vehicle with no ability to issue new shares, let alone for the purpose of pursuing external acquisitions, and that, if approved, Proposal 4 would give management of the Company many billions of dollars' worth of unissued Company stock, effectively giving the Company a blank check to dilute stockholders through acquisitions with stock and equity compensation grants to management. In its highly perceptive nine paragraph analysis Glass Lewis argues strongly that Stockholders should vote against Proposal 4 and it noted that Stockholders who have previously cast votes in favor of Proposal 4 still have the ability to switch their votes to AGAINST, which Glass Lewis now advises they do. We do too."

10:34 EDT European Commission approves Electronic Arts takeover by Microsoft

10:21 EDT WISeKey jumps after tweet about satellite talks with Elon Musk - Shares of WISeKey jumped after the company tweeted, "Discussion in Paris @choosefrance between @WISeKey CEO @CreusMoreira with @elonmusk on how to launch more low orbit http://Wisesat.space Picco satellites using #SpaceX and increment the 13 wise.sat fossa satellites we have already in orbit." Shares of WISeKey jumped 37% to $2.97 before being halted for volatility. Reference Link

10:17 EDT Aers Energy Belgie selects Air Products to build hydrogen refueling station - Air Products signed an agreement with Aers Energy Belgie to develop a multi-fuel, hydrogen refueling station for trucks. It will be located on a concession in the port of Zeebrugge, which Aers Energy Belgie has been awarded. Within this location, Aers will also operate a new secure truck stop, rest area, convenience store and restaurant. The new station will be the first commercial-scale hydrogen refueling station in Europe with liquid hydrogen storage. It will be built and operated by Air Products in addition to other liquid hydrogen refueling stations the company is developing throughout Europe. The project itself, is part of a wider strategy to support Belgium and Europe's sustainable development and ambition towards CO2-free heavy-duty road transport.

10:04 EDT Bassett Furniture signs contract with Acuative - Bassett Furniture Industries signed a contract with Acuative to support its growing need for networking communications and security technology. Acuative will update all Bassett stores with an array of networking equipment and communications tools. To support this new technology, Acuative will provide real-time technical support and simultaneously upgrade the backup wireless network connectivity at each location. Acuative provides networking and communications as a service via a subscription model to a number of major retail and manufacturing customers and sees the Bassett relationship as a collaborative fit. This partnership will ensure every store provides fast, wall-to-wall wireless network coverage for both employees and customers.

10:00 EDT Azul falls -10.0% - Azul is down -10.0%, or -78c to $7.00.

10:00 EDT SmartRent rises 11.2% - SmartRent is up 11.2%, or 37c to $3.68.

10:00 EDT Magellan Midstream rises 13.1% - Magellan Midstream is up 13.1%, or $7.28 to $62.69.

09:47 EDT Li-Cycle falls -5.7% - Li-Cycle is down -5.7%, or -28c to $4.66.

09:47 EDT Oneok falls -8.2% - Oneok is down -8.2%, or -$5.23 to $58.49.

09:47 EDT SandRidge Energy rises 7.6% - SandRidge Energy is up 7.6%, or $1.13 to $15.97.

09:43 EDT Ohmyhome Ltd trading resumes

09:42 EDT Harbor Custom Development Inc trading resumes

09:38 EDT Global Hydrogen Energy enters business combination deal with Dune Acquisition - Global Hydrogen Energy and Dune Acquisition Corporation announced that they have entered into a definitive agreement for a business combination, which would result in Global Hydrogen becoming a publicly listed company. The combined company will be called Global Gas Corporation upon the closing of the business combination and its common stock is expected to be listed on Nasdaq under the new ticker symbol "HGAS". Headquartered in New York, Global Hydrogen is led by Founder and Chief Executive Officer William B. Nance, who has over a decade of hydrogen and industrial gas experience. Global Hydrogen is a 100% minority-owned business that targets both private and publicly-funded hydrogen development and carbon recovery projects, including projects supported by local, county, state, and national- level governments. Global Hydrogen primarily targets renewable waste as feedstock to generate the industrial gases it sells, and seeks arrangements with owners of wastewater treatment plants, food waste processing facilities, agricultural farms, and landfills as well as producers and distributors of renewable natural gas.Under the terms of the Unit Purchase Agreement, Dune will complete a business combination with Global Hydrogen at a pro forma combined enterprise value of approximately $112 million. The Board of Directors of Dune has received an independent fairness opinion. The Board of Directors of Dune and the managers and unitholders of Global Hydrogen have each unanimously approved the proposed business combination, which is expected to close in the second half of 2023 and remains subject to approval by Dune's stockholders and customary closing conditions. Mr. Nance, who is also a director of Dune, was recused from, and did not participate in, the consideration or approval of the proposed business combination by the Dune Board of Directors.

09:35 EDT Alphatime Acquisition Corp trading resumes

09:32 EDT Harbor Custom Development Inc trading halted, volatility trading pause

09:30 EDT Emerita Resources announces additional results from La Infanta deposit - Emerita Resources announces assay results from 21 additional holes from the 2023 delineation drilling at La Infanta deposit, part of Emerita's wholly owned Iberian Belt West project. These results will be included in the upcoming NI 43-101 compliant mineral resource estimate which is presently being finalized and is expected to be released later this week. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth. Joaquin Merino, P.Geo., President of Emerita stated, "The continued high-grade results at La Infanta are very encouraging and support our decision to expand our exploration footprint at the IBW project. The Emerita team is planning additional drilling to continue exploration beyond the upcoming MRE. The holes in this release are being incorporated into the block model for the forthcoming MRE. The Independent Qualified Person is in the final stages completing the independent mineral resource estimate."

09:29 EDT LiveOne partners with OTT Studio as multi-year exclusive streaming provider - LiveOne announced an exclusive content distribution deal with OTT Studio, a leading streaming technology platform and CTV app publisher. LiveOne will be OTT Studio's exclusive music streaming provider, delivering LiveOne's 600 expertly curated radio stations via OTT's new Music Plus application. The deal will expand the distribution of LiveOne's premium audio and entertainment content to an additional 47 million CTVs in North America via LG's webOS and Vizio's SmartCast platforms. Patrick Markel, LiveOne's Senior Director of Business Development and Strategic Partnerships, said, "We're excited to execute this multi-year agreement with OTT Studio to make LiveOne even more accessible to music lovers by leaning into OTT Studio's unique ability to reach millions of customers on the most popular streaming TV devices." The Music Plus app is slated to launch in Q3 2023 on Roku and FireTV, and on LG's webOS, Vizio's SmartCast and other platforms later in the year.

09:27 EDT Sono applies for self-administration proceedings under German Insolvency Acy - On May 15, 2023, Sono Group N.V. applied to the insolvency court of Munich, Germany, to permit the opening of a self-administration proceeding with respect to Sono Group N.V. pursuant to Section 270 (b) of the German Insolvency Code. On the same day, Sono Motors GmbH, Sono Group N.V.'s sole wholly-owned subsidiary, applied to the same court to permit the opening of self-administration proceeding in the form of a protective shield proceeding with respect to Sono Motors GmbH pursuant Section 270 (d) of the German Insolvency Code. Sono Group N.V. conducts its business through its subsidiary Sono Motors GmbH, and the terms "we" and "our" used herein refer to Sono Group N.V. together with its subsidiary Sono Motors GmbH. At the end of February 2023, we announced our decision to restructure our business model to focus exclusively on retrofitting and integrating solar technology into third-party vehicles going forward. At the same time, we discontinued our Sion passenger car program with immediate effect and terminated approximately 250 employees. A repayment plan was developed to handle customer claims arising from the Sion reservations. We continued to face challenges to obtain external financing and to date have not been successful in selling our Sion passenger car project and related assets. After other financing options failed to materialize, our management ultimately concluded that Sono Motors GmbH is over-indebted and faces impending illiquidity, with Sono Group N.V., in turn, becoming over-indebted and also facing impending illiquidity. As a consequence, management decided to apply for the opening of self-administration proceedings with respect to Sono Group N.V. and Sono Motors GmbH with the goal of sustainably restructuring our business. Self-administration proceedings are debtor-in-possession type proceedings under German insolvency law, which are available to businesses in financial distress and typically aim to preserve the business and the entity that are the subject of the proceedings. In these proceedings, management retains control and operation of the subject company's business under the supervision of a custodian, who is initially appointed on a preliminary basis. We understand that in the German market a self-administration proceeding in the form of a protective shield proceeding, such as the one which Sono Motors GmbH has applied for, is perceived by suppliers, customers, and potential investors as a proceeding with improved chances for a successful in-court business restructuring. We believe that this perception may improve our chances of sustainably restructuring, recapitalizing, and realigning Sono Motor GmbH's business in the interest of its creditors, suppliers, customers, and employees. In order to be able to apply for a self-administration proceeding in the form of a protective shield proceedings, Sono Motors GmbH was required to provide a third-party attestation that the company is not illiquid and that the intended restructuring does not manifestly lack the prospect of success. Following the filing of their respective applications, Sono Group N.V. and Sono Motors GmbH are generally prohibited from repaying any pre-application debt. Furthermore, if and when the self-administration proceedings are admitted by the court on a preliminary basis, creditors will be prohibited from foreclosing against the companies on any claims they may have. In addition, subject to certain limited exceptions, Sono Group N.V. will lose control of its sole subsidiary Sono Motors GmbH. We are in the process of analyzing the potential accounting and financial reporting implications of the applications for self-administration proceedings, including with respect to the ability of Sono Group N.V. to continue to consolidate Sono Motors GmbH while such proceedings are ongoing. With the help of external advisors, Sono Group N.V. and Sono Motors GmbH are in the process of each preparing a draft restructuring plan to be submitted to the court for approval by the respective company's creditors and for confirmation by the court in the context of the respective proceeding. The draft restructuring plans will in each case set out how the respective company intends to restructure its debt and to procure the inflow of new money.Even if the openings of the respective proceedings are permitted by the court, the successful conclusion of the respective proceedings and Sono Group N.V.'s and Sono Motors GmbH's exits from the respective proceedings remain subject to a number of contingencies and risks, including, but not limited to, whether the companies are able to identify and successfully access sufficient sources of liquidity to enable a restructuring, whether creditors in each case approve the respective restructuring plan with the required majorities, and whether the court confirms the restructuring plan in each case. Should the self-administration proceedings applied for by Sono Group N.V. and Sono Motors GmbH, respectively, not be approved or should the respective draft restructuring plan fail to be approved by the respective company's creditors or confirmed by the court, the respective company would become subject to regular insolvency proceedings, which could involve its liquidation.

09:27 EDT GeoVax Labs to present vaccine data at upcoming scientific meetings - GeoVax Labs announced that it will be represented during two upcoming scientific meetings, including Vaccines Summit Boston 2023 in Boston, MA, May 22-24, 2023 and CYTO 2023 in Montreal, Quebec, Canada, May 20-24, 2023. Don Diamond, Ph.D., Professor, Department of Hematology & Hematopoietic Cell Transplantation, City of Hope, will deliver a presentation titled, "Assessment of GEO-CM04S1 for Prevention of COVID-19 in Immunocompromised Cell Therapy Patients; An Open-Label Safety Study." Dr. Diamond's presentation will include a description of the development and clinical testing of GeoVax's vaccine candidate, GEO-CM04S1. CM04S1 is a next-generation COVID-19 vaccine based on the use of the MVA viral vector platform, which presents multiple antigens to the immune system to induce both antibody and T cell responses. The vaccine is designed to provide durable protection against new and continually emerging variants of COVID-19, limiting the need for frequent modification and updating. GeoVax is focusing on the clinical development of this vaccine for use in patients with impaired ability to mount adequate protective immune responses to currently available COVID-19 vaccines, to include those with certain malignancies and autoimmune disorders, cell and organ transplant patients, individuals with end-stage kidney disease receiving hemodialysis, and potentially elderly individuals who respond poorly to other vaccines. These individuals may not be able to raise or maintain protective antibody responses following receipt of first-generation mRNA vaccines, contributing to reduced vaccine efficacy. On Tuesday, May 23, Sandra Ortega-Francisco, Ph.D., Department of Hematology and Hematopoietic Cell Transplantation and Hematologic Malignancies Research Institute, City of Hope, will participate in a poster presentation titled, "Induction of multi-antigen specific T cell responses by a synthetic MVA-SARS-CoV-2 vaccine in patients with hematological malignancies."

09:22 EDT ZyVersa announces article published on Cholesterol Efflux Mediator VAR 200 - ZyVersa Therapeutics announces publication of an article in the peer-reviewed journal, Metabolism, which supports the mechanism of action of Cholesterol Efflux Mediator VAR 200 in development to treat kidney diseases. In the paper titled, "ABCA1 deficiency-mediated glomerular cholesterol accumulation exacerbates glomerular endothelial injury and dysfunction in diabetic kidney disease," the authors reported that ABCA1 deficiency contributes to injury and dysfunction of the kidney's filtration system in early diabetic kidney disease. They proposed that ABCA1 transporter deficiency results in glomerular cholesterol/lipid accumulation leading to inflammation and cell death. This causes structural and functional damage to the kidney's filtration system and in turn, protein spillage into the urine and DKD progression. "The research published in Metabolism demonstrating that deposition of glomerular cholesterol contributes to structural damage and dysfunction of the kidney's filtration system in models of type 2 diabetes is consistent with data from VAR 200's preclinical program. Our preclinical program showed similar results not only in models of DKD, but also in models of two orphan kidney diseases, focal segmental glomerular sclerosis and Alport Syndrome. More importantly, by mediating cholesterol transport out of the glomeruli through passive transport and upregulation of ABCA1 transporters, VAR 200 protected against glomerular injury and fibrosis, and significantly reduced protein spillage into the urine in all three kidney diseases," commented Stephen Glover, ZyVersa's Co-founder, Chairman, CEO and President. "Given the unmet needs for effective treatments for kidney disease, we are hopeful that VAR 200 will demonstrate similar results in patients with kidney disease in studies planned to initiate late this year," continued Glover.

09:18 EDT Alpine 4 Holdings' Alternative Laboratories reports backlog of $8M - Alpine 4 Holdings announces that its subsidiary, Alternative Laboratories' backlog increased to $8 Million in Q1 2023. This record setting back log represents its highest level since the purchase of Alternative Labs by Alpine 4 Holdings. The Company also saw growth of 10% on its Q1 2023 revenue as compared to Q1 2022.

09:17 EDT Acutus Medical to showcase cardiac mapping, ablation technologies at HRS 2023 - Acutus Medical announces its participation in the upcoming Heart Rhythm Society, HRS, Annual Scientific Sessions in New Orleans, LA from May 19-21, 2023. As an exhibitor at HRS, Acutus Medical will showcase its latest groundbreaking electrophysiology systems and technologies, including AcQMap, the industry's only whole-chamber, single-beat, non-contact mapping system. Designed to help physicians advance the standard of care for patients with complex arrhythmias, AcQMap equips electrophysiologists with an unprecedented ability to map what was historically unmappable. "We are pleased to join HRS '23 to offer the industry an opportunity to engage directly with our state-of-the-art cardiac mapping and ablation therapy technologies, as well as meet with many of our key physician partners," said David Roman, President & CEO of Acutus Medical. "The recently published RECOVER AF study is driving important discussions around the pivotal advantage AcQMap(R) offers physicians in the retreatment of AF. HRS provides an ideal forum to provide deeper insight into the study's findings and further demonstrate AcQMap's significant clinical benefits."

09:14 EDT CNS Pharmaceuticals expects cash to fund operations into 4Q23 - The Company's current expectation is that the cash on hand, including the issuances subsequent to the first quarter, is sufficient to fund operations beyond the interim analysis and into the fourth quarter of 2023.

09:13 EDT FMW Media's New to The Street will feature Aspira Women's Health - FMW Media Works' New to The Street will feature and broadcast Aspira Women's Health on its nationwide television media platforms. Jane King, New to The Street's TV Host will interview AWH's CEO Nicole Sandford, and together create a new segment on the show which focuses on women's health issues. The first filming with AWH occurred on World Ovarian Cancer Day, May 8, 2023. In this segment, Jane and Nicole talk about AWH's history as a leading innovator of advanced diagnostic solutions to improve health outcomes for women facing ovarian cancer and other gynecologic disease. Nicole states, "Ovarian cancer is the deadliest gynecological cancer. Most ovarian cancers are found in stage three or four when there is a very low chance of survival. A lack of effective diagnostic tools often leads women to make important decisions based on fear instead of facts. I look forward to explaining the important role our non-invasive tests play in supporting better care, and to working with Jane to address women's healthcare needs and concerns."

09:11 EDT Emerson Electric chosen by Syzygy Plasmonics to automate electrical reactor - Emerson has been chosen by Syzygy Plasmonics to automate its catalyst reactor technology that uses light instead of thermal energy, such as heat generated from burning fossil fuels, for chemical manufacturing. The all-electric production method is designed to replace fossil fuel-based combustion. Syzygy estimates its reactor systems could eliminate 1 gigaton of CO2 emissions by 2040. For the Syzygy modular reactors, Emerson will provide hardware, software and services, including its DeltaV distributed control system, industrial software for process simulation and data analytics; Rosemount instrumentation to measure pressure, temperature, level and flow; and Fisher valves to control pressure and improve safety. Syzygy has three field trials planned for 2023.

09:09 EDT GWG Holdings solicits votes for Chapter 11 plan - On May 15, 2023, GWG Holdings announced that it and its fellow debtors-in-possession in the Chapter 11 cases pending at 22-90032 in the United States Bankruptcy Court for the Southern District of Texas Houston Division are soliciting votes for the Debtors' Further Modified Second Amended Joint Chapter 11 Plan, Submitted by the Debtors, the Bondholder Committee, and L Bond Management, LLC as Co-Proponents following the Court's approval of the Disclosure Statement for the Debtors' Second Amended Joint Chapter 11 Plan. The Plan is supported by the Official Committee of Bondholders, the fiduciary appointed in the Chapter 11 cases to represent the interests of all Bondholders . The Plan provides for the creation of two separate trusts-the Wind Down Trust and the Litigation Trust-each of which will monetize their respective assets with the goal of maximizing the value of those assets for the benefit of Bondholders and other creditors and equityholders. The Wind Down Trust will hold the beneficial interest in the Litigation Trust and will hold all of GWG's current assets. The assets to be held by the Wind Down Trust include all of GWG's interests in Beneficient, FOXO, and the Policy Portfolio. The Wind Down Trust will monetize its assets and distribute the net proceeds to Bondholders until they are paid in full, then, if any value remains, to other stakeholders. The Litigation Trust will receive all of GWG's litigation claims and all of GWG's interests in the D&O Liability Insurance Policies. The net amount recovered from the pursuit or settlement of these litigation claims will be distributed to the Wind Down Trust for further distribution as provided in the Plan. The Debtors and the Bondholder Committee believe that the Plan will result in greater recovery to Bondholders than would a liquidation under chapter 7 of the Bankruptcy Code.

09:08 EDT Hycroft Mining Newmont acquires claims near Rosebud gold and silver mine - Hycroft Mining (HYMC) acquired claims near the historic past-producing high-grade gold and silver mine, Rosebud. The patented mining claims known as Lucky Boy 1, Lucky Boy 2, and White Alps were acquired by the company from Newmont (NEM) USA and are part of a 50% undivided interest with Hecla Mining (HL). In addition to the claims, the company also received a significant amount of data covering over 10,000 acres of land currently owned by Hycroft and adjacent to the known resource area. The Rosebud Mine, which operated during 1997 - 2000 through a joint venture between Newmont and Hecla, produced approximately 400,000 ounces of gold and over 2 million ounces of silver at an average grade of over 14 grams and 83 grams per ton, respectively. The proximity of this high-grade mine to the mineralized system at the Hycroft Mine gives Hycroft confidence in finding higher-grade ore and potential feeder systems.

09:06 EDT Blink Charging names Ritsaart van Montfrans as Chairman of the Board - Blink Charging announced that its Board of Directors elected Ritsaart van Montfrans as Chairman of the Board, at its May 10, 2023 Board meeting. van Montfrans has served on the Blink Board since December 2019.

09:05 EDT Bally's, GLPI, Oakland A's sign agreement for ballpark in Las Vegas - Bally's, in conjunction with Gaming & Leisure Properties, or GLPI, have reached a binding agreement with the Oakland Athletics of Major League Baseball to site their new ballpark on a portion of the current Tropicana Las Vegas property. The ballpark is expected to welcome more than 2.5 million fans and visitors annually. GLPI has agreed to fund up to $175M towards certain shared improvements within the future development in exchange for a commensurate rent increase. Bally's and GLPI will assign approximately nine acres of the 35-acre site located on Las Vegas Boulevard and Tropicana Avenue to the Oakland Athletics or a related stadium authority. The new ballpark will accommodate approximately 30,000 fans. This agreement is subject to the passing of legislation for public financing and related agreements, and approval of relocation by Major League Baseball. As part of the agreement, Bally's retains the ability to assign the rights to all aspects of this development and has received material interest from development partners. Bally's acquired the building and operations of the Tropicana Las Vegas from GLPI in September 2022 as part of a $148M transaction. Bally's entered into a 50-year ground lease with GLPI, with the ability to extend to 99-years upon achieving key investment milestones.

09:03 EDT Cumberland: FDA approves expanded labeling for Caldolor - Cumberland Pharmaceuticals announced that the U.S. FDA has approved expanded labeling for Caldolor, an intravenously delivered formulation of ibuprofen, to now include use in infants. The non-narcotic agent may now be administered for the treatment of pain and fever in patients three months to six months of age. The newly FDA-approved label includes information regarding the product's indications and usage, appropriate patient populations, clinical study results, potential side effects, patient safety details, and instructions for use in these young children.

08:59 EDT Grid Dynamics releases Generative AI Product Design Starter Kit - Grid Dynamics Holdings announced the release of its Generative AI Product Design Starter Kit to complement other Gen AI offerings. Leveraging this starter kit, retailers, brands, and manufacturers can rapidly build unique digital services for their customers and improve the productivity of content creation teams using state-of-the-art generative AI technologies. Brands and manufacturers can leverage the Generative AI Product Design Starter Kit to enhance their design ideation processes, speed up prototyping, and provide customers with unique product personalization capabilities.

08:55 EDT EV Biologics signs distribution agreement with INNOVARE for South America - EV Biologics signed an exclusive multi-year agreement with INNOVARE for distribution in South America. This agreement will facilitate the launch, in South America and the Caribbean, of EV Biologics regenerative health products, which are currently in production by its wholly owned subsidiary, EXCYTE. INNOVARE has long standing relationships and agreements in place with established medical product companies, which have direct distribution channels throughout South America and the Caribbean. With Joint Ventures already in place, this agreement will provide direct contact with over 11,000 top private-practice physicians and surgeons representing all the medical specialties. INNOVARE will also conduct extensive training modules on these regenerative health products and how they may address patients' multifaceted and multifactorial health issues and support cardiovascular, dermatologic, neurologic, and musculoskeletal health and longevity. The Company will be seeking agents and sole agents in Asian countries for distribution as well.

08:53 EDT Trailblazer Merger I announces separate trading of common stock, rights - Trailblazer Merger Corporation I announced that, commencing May 15, 2023, shares of the Company's Class A common stock and rights, which together comprise the units sold in the Company's initial public offering, will begin separate trading. At such time, holders will hold the separate securities and no longer hold units, and the units will no longer trade. The separated Class A common stock and rights are expected to trade on the Nasdaq Global Market under the symbols "TBMC" and "TBMCR," respectively. No fractional rights will be issued upon separation of the units and only whole rights will trade. The units were initially offered by the Company in an underwritten offering. LifeSci Capital LLC and Ladenburg Thalmann & Co. Inc. acted as joint book-running managers of the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on March 28, 2023.

08:50 EDT Amdocs 5G Experience Lab collaborates with Microsoft - Amdocs (DOX) revealed new use cases developed with Microsoft (MSFT) in its Americas 5G Experience Lab in Dallas, Texas, offering a look at how private networks, edge computing solutions, Internet of Things and more can come together for a better digital society. Amdocs's solutions are built on Microsoft Azure private MEC and Azure Private 5G Core which are tailored to different enterprise needs, taking a purpose-fit approach to the network compared to a one-size-fits-all method. Among the use cases now availablein the Azure Marketplace are the following: An end-to-end offering to enable Smart Cities, bringing together the software, connectivity, and physical hardware required for a secure solution. Cities can add intelligent, efficient lighting services, public/private internet access capabilities and a series of city management capabilities by providing real-time environmental and movement data. A complete AR Maintenance and Training offering that makes teams more effective, enabling a remote-assist workflow by which field technicians can access centralized expertise to support the completion of their service or maintenance task. The remote expert can see what the technician in the field can see, providing support or education, and the job can be documented in real-time.

08:48 EDT Elliott sends letter to NRG Energy presenting 'a clear path forward' - Elliott Investment Management L.P., which manages funds that have an investment of approximately $1B representing a more than 13% economic interest in NRG Energy, sent a letter to the Board of Directors of NRG. According to the letter, the purpose of the materials is to present a clear path forward for how best to remedy NRG's meaningful underperformance and create significant and sustainable value. Elliott believes that successful execution of this plan could create over $5B of shareholder value, driving the company's stock price to reach or exceed $55 per share, the letter said. Elliott looks forward to meeting with the Board in the near term to work constructively with the company toward the implementation of a new value creation plan. Reference Link

08:45 EDT Planet Fitness announces start of its High School Summer Pass program - Planet Fitness officially kicks off its High School Summer Pass program , opening its doors to high schoolers ages 14 - 191 to work out for free this summer through August 31 at any of the more than 2,400 Planet Fitness locations throughout the United States and Canada. "We're excited to officially open our doors to high school students today and provide a safe and Judgement Free space for teens to focus on their mental and physical health this summer as part of our High School Summer Pass program," said Chris Rondeau, Chief Executive Officer at Planet Fitness. "At Planet Fitness, we're proud of our commitment to give teens free access during the summer so they can develop long-lasting, healthy habits and experience all the benefits of fitness."

08:45 EDT Ohmyhome signs MOU with Ohmyhome Property to expand into Philippines - Ohmyhome and Ohmyhome Property announces the signing of a Memorandum of Understanding, MOU, of a strategic investment by Ohmyhome into Ohmyhome Property Inc.'s Philippines operations, marking Ohmyhome's plan of expanding in the large and growing Philippines market. "Philippines has always been a great market for property transactions. The quality of developers and their projects have improved significantly over the decades, and the country's economy has seen a strong rebound from COVID with a flourishing digital economy," said Rhonda Wong, Chief Executive Officer "Many companies have set up their Business Process Outsourcing and technology teams here, creating job opportunities and income for families. The growing Overseas Filipino Workers have also been a strong pillar of growth of the real estate industry. We believe that there are ample opportunities for a data-driven technology platform like us to help homebuyers, home sellers, and developers transact their properties." added Wong.

08:42 EDT WW appoints Comonte to board of directors - WW International, known as WeightWatchers, announced that Tara Comonte, CEO of TMRW Life Sciences, TMRW, has been appointed to the WeightWatchers Board of Directors, effective as of June 1, 2023.

08:41 EDT Hamilton Thorne expects some tailwinds in 2H23 - Mr. Wolf continued, "We continue to feel that our company is in a great position as demand for our products and services remains strong. We expect solid sales performance, based on the positive trends in our field and as demand and growth in local currencies have returned to pre-pandemic levels in nearly every market that we serve. Also, while we faced 4-5% currency headwinds in Q1 if the current trends continue, we should see some tailwinds in the second half of the year." Commenting on the Company's M&A activities, Mr. Wolf stated, "We have an extensive pipeline and are actively working on multiple acquisition opportunities. With significant cash on hand, our unused line of credit, and further debt capacity, we are well positioned to continue to execute on our acquisition program.

08:39 EDT Silicom selected by U.S. telecommunications services provider - Silicom has been selected to develop an Edge Networking product by an U.S.-based provider of enterprise telecommunications services. The customer has already placed initial orders totaling approximately $5M. Delivery of products will commence following successful completion of the development and testing processes, which are expected to be carried out by the end of 2023. The customer has indicated that orders will scale up over the next several years as the product enters mass deployment.

08:36 EDT Star Equity launches proxy solicitation for Firsthand Technology Value Fund - Star Equity Fund (STRR) owns 6.2% of the common stock of Firsthand Technology Value Fund (SVVC) and, for the benefit of all SVVC shareholders, announced that it has filed its definitive proxy statement with the Securities and Exchange Commission and commenced soliciting proxies urging all shareholders to vote the WHITE proxy card to elect its director nominees Robert G. Pearse and Hannah M. Bible to the Company's board of directors at the Company's 2023 annual meeting of shareholders. SVVC's Annual Meeting will be held in a virtual format on May 26, 2023, at 5:00 p.m. ET / 2:00 p.m. PT. The company said, "Our two nominees, Robert G. Pearse and Hannah M. Bible, are qualified, fully committed, and ready to maximize shareholder value for all shareholders at SVVC. Mr. Pearse has extensive experience as both a venture capitalist and corporate executive and engineer for technology companies in Silicon Valley such as the Hewlett-Packard Company (n/k/a HP Inc.) and NetApp, Inc. We believe Mr. Pearse's business development experience as well as his technical and financial acumen will make him a valuable addition to the Board. Ms. Bible has over 20 years of legal experience and has served as director and chair on the boards of several public companies. We believe that Ms. Bible's significant legal experience across a variety of industries, corporate governance expertise, and her prior public company board experience makes her well qualified to join the Board. If elected to the Board, our nominees would push for: Immediate termination of the investment management agreement with FCM. Changing the anti-shareholder bylaws including the voting requirements on director nominees. Better facilitation of shareholder input and participation at the Company. Changing the overall strategy of SVVC to a traditional BDC; Cease making venture capital investments. Instead, issue interest-bearing loans to less speculative portfolio companies. Reinstate a regular dividend in order to help the stock price converge with NAV per share over time. Star Equity Fund remains resolute in its opinion that a change in Board composition is vital to altering corporate governance practices, improving financial results, and ultimately unlocking shareholder value at SVVC. We believe long-suffering SVVC shareholders deserve better, and we aim to give them an opportunity for much-needed change on the Board at the 2023 Annual Meeting."

08:35 EDT Spar Group postpones Q1 earnings report - Spar Group announced that it is postponing its earnings report and conference call to allow for additional time for the company and the company's external auditors to complete their work on first quarter's results. Although the company's external auditors are finalizing their work, the company currently anticipates revenue for the three months ended March 31, 2023 to be $64M, up 9.1%, with gross margin expansion for the quarter compared to the prior year quarter, as well as operating income up over 50% compared to the prior year quarter. The company will issue the earnings report upon the completion of the external auditor's quarterly review.

08:32 EDT Mullen Automotive issues update on pilot program contract - Mullen Automotive issues an update on the pilot program contract for installation of Energy Management Modules on Washington, D.C., city government's fleet of vehicles. The $680,000 contract was previously awarded by the District of Columbia, Washington, D.C., to EV Technologies, LLC. for the purchase and installation of EMM units on Chevrolet Bolts within the D.C. city government's vehicle fleet. Mullen Advanced Energy Operations is supporting EV Technologies for the execution of the contract, which started April 24, 2023. MAEO, which is a 51%-owned subsidiary of Mullen Automotive, is a collaboration with Global EV Technology. MAEO has named Lawrence Hardge to the position of senior vice president of technology. Lawrence will be overseeing all technological aspects of the Energy Management Module applications.

08:28 EDT BriaCell announces $4M investment, MSTA with Prevail InfoWorks - BriaCell Therapeutics has signed a Master Service and Technology Agreement agreement with Prevail InfoWorks to provide clinical services and technologies for BriaCell's upcoming pivotal study in advanced metastatic breast cancer. Services include clinical site coordination, project management, clinical monitoring and pharmacovigilance services, and the use of InfoWork's integrated real-time data analytics platform, The Single Interface, for clinical support and real-time data analysis. Prevail Partners, an investment fund and affiliate of InfoWorks, has agreed to purchase 463,408 BriaCell common shares at a price of $8.63 for gross proceeds of $4 million, representing a 20% premium to the trailing thirty trading day volume-weighted average price of the common shares of the Company on the Nasdaq Stock Exchange. Subject to exchange approvals and other customary closing conditions, the subscription is expected to close on or about May 19, 2023.

08:26 EDT Telus Health launches Total Metal Health across Canada - TELUS Health announced the launch of Total Mental Health - an innovative solution that provides employees with access to a team of care professionals who curate personal care journeys with unlimited mental health counselling, therapist-led iCBT programs, digital tools, assessments, and ongoing tracking and feedback. Accessible by employees through their company's health benefits, Total Mental Health leverages TELUS Health's world-leading technology to offer a one-stop app for mental health support through Canada's largest and most diverse network of counsellors.

08:24 EDT ShockWave announces full commercial availability of Shockwave C2+ Coronary IVL - Shockwave Medical announced the full commercial availability of the Shockwave C2+ Coronary Intravascular Lithotripsy, IVL, Catheter to treat severely calcified coronary artery disease in select international markets. Shockwave C2+ provides 50 percent more pulses per catheter than Shockwave C2 and is optimally designed to treat longer calcified lesions and more challenging eccentric and nodular calcium. "Shockwave C2+ maintains the intuitive catheter design and ease of use that are foundational to the success of Shockwave IVL and incorporates improvements that will enhance procedural efficiency and optimize the treatment of the most challenging morphologies," said Jonathan Hill, MD, Consultant Cardiologist at the Royal Brompton Hospital in London. "The extra pulses are most advantageous in areas with the highest burden of calcium, including nodular, eccentric, diffuse and multivessel calcium."

08:21 EDT Strata Skin Sciences enters India market with agreement with Spectra Medical - STRATA Skin Sciences announced it has entered into an exclusive, three-year agreement with Spectra Medical India Pvt Ltd., a distribution company representing medical laser and aesthetic equipment manufacturers, for the distribution of TheraClearX, VTRAC, and XTRAC in India. "We are excited to expand into the acne, psoriasis, and vitiligo market in India with Spectra Medical," stated Bob Moccia, Chief Executive Officer of STRATA Skin Sciences. "Led by Ramamoorthy Sundaram, Spectra Medical has over 20 years of experience in the medical distribution industry, and is India's leading distributor of dermatology medical devices. India presents STRATA with a unique opportunity as there are no excimer laser solutions for phototherapy treatments currently available today. India has the highest prevalence of vitiligo in the world, and over 80% of young adults suffer from acne.2 We believe our products could potentially help to fill a gap in their market for effective, non-pharmaceutical treatment solutions."

08:20 EDT DLH Holdings awarded $18.6M contract to expand IT services for NIA - DLH Holdings announced that it has been awarded a contract to continue and significantly expand its IT services for the National Institute on Aging, NIA. The contract includes a base period of one year with four one-year options, with a total value of $18.6 million. Through this award, DLH will be responsible for driving key digital transformation goals for the NIA Intramural Research Program, such as DevSecOps and scientific poly-cloud enablement for high-performance computing and data science. The Company will provide a wide range of IT solutions in service of the customer's research-based mission, including integrating new and existing IT assets, applications, services, and systems; digital transformation; cloud enablement, cybersecurity ecosystem development, system architecture, systems administration, service desk and technician support, scientific programming, and more. "Through this award, DLH will leverage digital transformation and cybersecurity capabilities to advance our customer's vital health and scientific mission," added Zach Parker, DLH President and CEO. "This critical, complex work exemplifies the broad range of customer needs that DLH is now able to address and the types of valuable opportunities that are available to our company moving forward."

08:18 EDT Mullen Automotive provides business update - Mullen Automotive announces a business update to its shareholders. Recent Company Updates: MGT Lease Company, a national fleet sales and leasing provider, previously took delivery of Mullen EV Cargo Vans on March 30, 2023. The Company subsequently signed a vehicle purchase agreement, as announced on May 11, 2023, for 250 all-electric commercial Class 3 Cab Chassis EV Trucks. The contract is valued at $15.8 million and MGT expects to take possession of the vehicles between August and December of this year. All vehicle orders will be fulfilled through Randy Marion Automotive Group, a distributor of Mullen's commercial EVs. On April 18, 2023, the Company announced formation of Mullen Advanced Energy Operations, a collaboration with Global EV Technology, with initial development focused on improving energy management technology in electric vehicles for greater range and vehicle performance. Among the major milestones achieved by the Company to date has been the successful execution of Mullen's plan to deliver EV Cargo Vans to commercial customers before the end of March 2023. The first batch of EV Cargo Vans was fulfilled by Randy Marion Group to The University of North Carolina at Charlotte and MGT Lease Company in North Carolina, marking a significant step towards Mullen's goal of providing sustainable transportation solutions to businesses. In April, the Company successfully completed a 60-day pilot program in collaboration with Loop Global and Menzies Aviation for deployment of electric vehicles and charging infrastructure at Los Angeles International Airport.

08:16 EDT Brainsway launches Investigator Initiated Study program - BrainsWay announced the launch of its Investigator Initiated Study, IIS, Program. The program is designed to support further research on Deep Transcranial Magnetic Stimulation by the clinical research community through data collaboration and equipment loan initiatives. Applications will be accepted through July 3, 2023. "With superior science and superior evidence, BrainsWay continues to lead the TMS field with its IIS Program. Our goal is to support researchers in their efforts to advance neuroscience research by facilitating Deep TMS data development and furthering access to our novel equipment. The partnerships with academia that will be achieved through this program are a further testament to our longstanding commitment to moving the field forward by improving health and transforming even more patients' lives," said Colleen Hanlon, Ph.D., Vice President of Medical Affairs. The program will aid investigators interested in advancing current knowledge about Deep TMS. Applications will be granted based on criteria of clinical and scientific significance, scope, innovation, and applicability. Applications by early-career investigators and those which utilize BrainsWay's patented Deep TMS H4 Coil are strongly encouraged.

08:15 EDT Protara announces dosing of first patients in Phase 1b ADVANCED-1EXP trial - Protara Therapeutics announced that patient dosing is now underway in its Phase 1b ADVANCED-1EXP expansion trial evaluating TARA-002, the Company's investigational cell-based therapy, for the treatment of patients with high-grade non-muscle invasive bladder cancer who have carcinoma in situ. "Following positive preliminary results from the ADVANCED-1 trial, we are pleased to have dosed the first patients in our ADVANCED-1EXP trial," said Jathin Bandari, M.D., Chief Medical Officer of Protara Therapeutics. "We believe TARA-002 has the potential to play a meaningful role in the NMIBC treatment landscape, as there continues to be limited treatment options for this highly recurrent disease. We look forward to gaining additional clinical experience with TARA-002 in NMIBC patients with CIS."

08:13 EDT Nuvectis Pharma announces FDA clearance of NXP900 IND - Nuvectis Pharma announced that the U.S. Food and Drug Administration cleared the Company's Investigational New Drug Application for NXP900, which includes the Phase 1 clinical trial protocol.

08:07 EDT 3M announces departure of Chief Business and Country Officer Michael Vale - 3M announced that Michael Vale has been terminated for cause from the company, effective May 12. His dismissal is due to inappropriate personal conduct and violation of company policy, unrelated to the company's operations and financial performance. When 3M learned of and verified the violation, it took immediate action. The company has initiated a search for Vale's successor. Effective immediately, the leaders of 3M's Safety and Industrial Business, Consumer Business, and Transportation and Electronics Business report to 3M chairman and CEO Mike Roman.

08:05 EDT Silvercorp Metals signs term sheet for acquisition of Celsius Resources - Silvercorp Metals has signed a non-binding term sheet with Celsius Resources regarding a proposed transaction pursuant to which Silvercorp will acquire all of the issued and outstanding shares of Celsius. The addition of Celsius' advanced-stage Maalinao-Caigutan-Biyog copper-gold project in the Philippines to Silvercorp's underground silver mining operations will move Silvercorp into being a diversified precious-base metals producer. Silvercorp has offered to acquire all of the outstanding shares of Celsius from the shareholders of Celsius, at a fixed price of AUD$0.030 per share, in exchange for consideration comprising 90% Silvercorp shares + 10% in cash. The consideration of AUD$0.030 per share represents a 76% premium to the 20-day volume weighted average price of Celsius as of the close of trading on the ASX on May 11. The total consideration is approximately AUD$56M. The proposed transaction will result in Silvercorp issuing approximately 9.7 million shares and paying AUD$5.6M to the shareholders of Celsius. Celsius and Silvercorp have also executed a private placement subscription agreement at AUD$0.015 per Celsius share for a total of AUD$5M. This will provide interim funding for further development of Celsius' MCB Project. On closing of the private placement, Silvercorp will own approximately 15% of the outstanding shares of Celsius. In addition to the consideration, Celsius shareholders will receive shares in a new exploration company - Spinco - which will hold all of Celsius' rights and interests with respect to the Sagay and Opuwo projects. The Spinco shares will be distributed on a 10 Celsius shares for 1 Spinco share basis. Spinco will seek a listing on the ASX or London Stock Exchange Alternative Investment Market via a demerger and concurrent initial public offering. Silvercorp has agreed to invest AUD$4M in Spinco, valued at a post-financed market capitalization of AUD$30M.

08:04 EDT Columbia Banking raises quarterly dividend 20% to 36c per share - The dividend is payable June 15 to shareholders of record as of May 31.

07:59 EDT Emergent BioSolutions sells travel health business to Bavarian Nordic - Emergent BioSolutions (EBS) announced it has completed the sale of its travel health business to Bavarian Nordic (BVNRY). At closing Emergent received $270 million, subject to customary closing adjustments, and may receive up to an additional $110 million in potential future milestone payments. With the transaction closed, Bavarian Nordic has acquired the rights to Vivotif, the licensed typhoid vaccine, and Vaxchora, the licensed cholera vaccine, as well as the development-stage chikungunya vaccine candidate CHIKV VLP. Bavarian Nordic also acquired manufacturing facilities in Bern, Switzerland, and development facilities in San Diego, California. The majority of Emergent employees supporting these products and facilities are joining Bavarian Nordic.

07:54 EDT Asante Gold reports higher mineral resources in amended Chirano mine report - Asante Gold announces the filing of an amended technical report entitled "Amended NI 43-101 Technical Report, Chirano Gold Mine, Ghana, West Africa" in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Company's Chirano Gold Project, located immediately south of the Company's Bibiani Gold Mine. The Amended Technical Report therefore results in an increase in total Measured and Indicated Mineral Resources from 1.13 Moz to 2.12 Moz broken down as follows: Underground Measured and Indicated Mineral Resources of 11.05Mt at 1.88 g/t Au exclusive of any Mineral Reserves; Open pit Measured and Indicated Mineral Resources of 17.05Mt at 0.85 g/t Au exclusive of any Mineral Reserves; Mine Mineral Reserves of 15.760 Mt at 1.95g/t Au

07:51 EDT XPO Logistics announces proposed term loan refinancing transaction - XPO intends to refinance a portion of its existing senior secured term loan facility due February 2025 with approximately $700 million of new senior secured term loans maturing in 2028. In connection with the Term Loan Refinancing, XPO anticipates refinancing additional amounts outstanding under its existing senior secured term loan facility and paying related fees, expenses and accrued interest with the proceeds of approximately $830 million of additional senior secured debt and approximately $450 million of additional senior unsecured debt, subject to market and other conditions. The remaining portion of XPO's existing term loans are expected to be repaid with cash on hand in the second quarter of 2023.

07:50 EDT Shawcor announces voting results from annual meeting - Shawcor announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting held May 12, 2023 in Toronto, Ontario. A total of 45,841,374 common shares were voted at the meeting representing 65.67% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees. A special resolution to change the name of the organization to Mattr Corp. or another name approved by the Board of Directors was brought forward at the Annual Meeting.

07:47 EDT Standard BioTools appoints Jeffrey Black as Chief Financial Officer - Standard BioTools (LAB) announced the appointment of Jeffrey Black as Senior Vice President and Chief Financial Officer effective today. Black will lead Standard BioTools' finance, accounting and investor relations functions, reporting to Michael Egholm, Ph.D., President and Chief Executive Officer. Vikram Jog will remain at the company for a period as Special Advisor to the CEO to ensure an effective transition. Black was most recently Chief Financial Officer at Apollo Endosurgery, Inc. until Apollo's acquisition by Boston Scientific (BSX) in April 2023.

07:45 EDT Marathon Gold reports Q1 capex C$61M vs. C$13.4M last year - Cash and cash equivalents at March 31, 2023 of C$130 million. Reports Q1 net loss C$0.9M vs. C$3.8M last year. In the first quarter of 2023, 149,289 hours of work have been completed at the site with zero lost time incidents and zero reportable environmental incidents; 440 persons were employed directly or contracted to the Project. On the basis of voluntary declaration, 14% of the persons employed by the Company or contracted to the Project are female, 5% are Indigenous persons, 4% are visible minorities, 1% are persons with disabilities, 24% are residents of the six communities within Project's socio-economic area of influence and 72% are residents of the province of NL; Overall completion at the Project stood at 27% compared to a plan of 26%. Engineering progress stood at 71%, procurement at 51% and construction at 9%; 1.35 mtonnes of waste rock had been mined at the Leprechaun pit for construction purposes. In the month of March 2023, mining productivity has averaged 11,815 tonnes per day, successfully supporting ongoing civils work, including construction of haul roads and the Project's process plant site; and The Project remains on schedule for ore delivered to the mill by the end of 2024 and first gold in the first quarter of 2025.

07:43 EDT Mondee announces acquisition of Interep Representacoes - Mondee announced the acquisition of Interep Representacoes Viagens E Turismo S.A, a fast-growing, major B2B travel provider based in Sao Paulo, Brazil. The acquisition of Interep will further expand and diversify Mondee's geographic footprint in Latin America, enhance its product offerings, and provide a complementary distribution network to that of Orinter, given Interep's focus on the luxury market. The transaction is valued at $8.9million, with $4 million paid in cash at closing, $720,000 in cash over a three-year period, and 416,000 shares of Mondee stock, implying just over 3 times multiple of 2022 adjusted EBITDA, plus an additional earn-out to be paid over a three-year period, linked to increases in adjusted EBITDA. Mondee's Chairman, CEO, and Founder, Prasad Gundumogula, expressed excitement about welcoming Interep's all-female ownership team and expanding Mondee's presence in Latin America. He stated, "We are delighted to have Cynthia and Diana, Interep's accomplished management team, join the Mondee family. Our recent acquisitions of Orinter and now Interep advance our market presence in Brazil and the broader South American markets. Our strategy is to continue expanding our footprint in the region and other attractive global markets by acquiring businesses that complement and synergize with our existing solutions and enhance our expert-backed experiential content."

07:42 EDT uniQure announces sale of royalty interest in HEMGENIX for up to $400M - uniQure announced it has entered into a definitive agreement to sell a portion of the royalty rights due to uniQure from CSL Behring from the net sales of HEMGENIX to HealthCare Royalty and Sagard Healthcare for a gross purchase price of up to $400 million in cash. "This attractive financing provides uniQure with immediate, non-equity-dilutive capital to continue to invest in our AAV gene therapy pipeline and platform and to advance potentially breakthrough gene therapies for patients, including AMT-130 in Huntington's disease, AMT-260 for refractory temporal lobe epilepsy, AMT-162 for SOD-1 ALS and other product candidates," stated Matt Kapusta, chief executive officer of uniQure. "The partial monetization of this royalty stream validates the significant potential of HEMGENIX global sales while substantially reducing commercialization risk for uniQure. We are pleased to reach this agreement with HealthCare Royalty and Sagard Healthcare, each of whom is a recognized leader in funding innovation across life sciences, and look forward to furthering our opportunities for growth and value creation." Under the terms of the agreement, uniQure will receive an upfront cash payment of $375 million in exchange for the lowest royalty tier on CSL Behring's worldwide net sales of HEMGENIX(R) up to 1.85 times the purchase price until June 30, 2032 or, if such cap is not met by June 30, 2032, up to 2.25x the purchase price through December 31, 2038. uniQure also is eligible to receive an additional $25 million milestone payment if 2024 net sales of HEMGENIX(R) exceed a pre-specified threshold. uniQure will retain the rights to all other royalties under its existing Commercialization and License Agreement with CSL Behring, as well as contractual milestones totaling up to $1.5 billion, including the $100 million milestone for the first U.S. product sale and the $75 million milestone for the first product sale in one of five major European countries if achieved prior to July 2, 2023. The transaction is expected to close no later than 15 business days from signing.

07:40 EDT RCF Acquisition announces results of shareholder redemptions - RCF Acquisition Corp. announced that each of the proposals submitted at its extraordinary general meeting in lieu of annual meeting of shareholders, which was held on May 9, 2023, were approved. At the Extraordinary General Meeting, RCFA sought shareholder approval to, among other things, extend the time it has to consummate an initial business combination from May 15, 2023 to May 15, 2024. After taking into account the number of shares that were submitted for redemption, the Company expects to have approximately $136.7 million remaining in its trust account established in connection with its initial public offering. As previously announced, on March 14, 2023, RCFA signed a non-binding letter of intent for a business combination with a company in the critical minerals sector. RCFA continues to work diligently toward consummating an initial business combination by the Extended Date. However, no assurances can be made that RCFA and Target will successfully negotiate and enter into a definitive agreement regarding a business combination or that RCFA will be able to consummate an initial business combination by the Extended Date. Any transaction would be subject to board and equity holder approval of both companies, regulatory approvals and other customary closing conditions

07:39 EDT Dorman Products launches hundreds of products, dozens of repair solutions - Dorman Products announced the release of almost 200 new motor vehicle parts, more than a third of which are aftermarket-exclusive repair solutions. The new products provide repair professionals and owners greater freedom to fix motor vehicles and expand revenue and profit opportunities for Dorman's retailers and distributors. This month's new releases include a first-to-the-aftermarket suspension sway bar bracket kit designed to fit more than one million 2011-2015 Jeep Grand Cherokee and Dodge Durango SUVs on the road today. When the sway bar bushings fail on those popular vehicles, the dealer solution is to offer a complete sway bar assembly. The new Dorman OE FIX suspension sway bar bracket kit is designed to be installed on the factory sway bar, saving labor and expense on its initial installation and during future sway bar bushing replacements. The kit contains a pair of sturdy top and bottom mounting brackets, two premium quality split bushings, and the hardware needed for the swap that helps eliminate future sway bar repair hassles.

07:37 EDT Base Carbon reports total assets of $43.1M as of March 31 - As at March 31, 2023, the Company had $0.3 million in current liabilities, which represented the total liabilities for the Company. During the first-quarter ended March 31, 2023, the Company incurred a net loss of $1.1 million. The Company incurred operating expenses of $1.3 million, which are mainly attributable to salaries and wages, share-based compensation, consulting, and professional fees.

07:35 EDT Thorne HealthTech enters into R&D partnership with Arome Science for test - Thorne HealthTech is entering into a research and development partnership agreement with Arome Science, a leader in metabolomics, to develop a next-generation metabolomics test. Arome Science and Thorne will collaborate to develop a commercial metabolomics wellness test. The test will be used to support research studies using at-home blood collection via Thorne's OneDraw medical device. The metabolomics test will be further developed and validated for an eventual offering in the consumer space.

07:33 EDT Avantor CFO Thomas Szlosek to leave company effective August 2 - Avantor announced that Executive Vice President and CFO Thomas Szlosek will be leaving the company effective August 2 to pursue an opportunity outside the life sciences industry. Szlosek will continue in his role through the announcement of the company's second quarter earnings. Avantor has initiated a search to identify the company's next CFO. The company reaffirmed the fiscal 2023 financial guidance provided during the first quarter earnings conference call on April 28.

07:32 EDT Pipestone Energy curtails 20,000 boe/d of production amid wildfires - Pipestone Energy advises that its operations in the Grande Prairie area are again being impacted by the ongoing wildfires. As a result of the precautionary shut-in of certain third-party infrastructure and associated operated producing locations, approximately 20,000 boe/d of production has been temporarily curtailed since the evening of May 12, 2023. From May 8th to May 12th, Pipestone had restarted the majority of its producing assets until the resurgence of wildfires in proximity to certain third-party processing facilities. The Company is not aware of any significant damage or loss to either its owned or third-party infrastructure. While timing remains uncertain, Pipestone is ready to resume production as soon as the currently shut down third party infrastructure is restarted. Pipestone will provide further updates to the market as the situation unfolds.

07:27 EDT ETFS Capital highlights 'value destruction' of WisdomTree's board - ETFS Capital Limited, the largest combined owner of common stock and Series A Non-Voting Convertible Preferred Stock of WisdomTree, with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company's outstanding Common Stock on an as-converted basis, commented today on the WisdomTree board of director's latest distraction tactics and desperate smears against its largest stockholder contained in a letter to stockholders on May 12, 2023. "ETFS Capital will not indulge the Board in its desire for an exchange of mudslinging and personal attacks. Instead, as responsible fiduciaries of our investment in WisdomTree, we present the following facts for our fellow stockholders to consider: $1 billion of Value Destroyed by an Entrenched Board: Since the sale of its European ETC business to WisdomTree in November 2017, ETFS Capital has watched the Board preside over the destruction of $1 billion of stockholder value.... ETFS Capital Played a Critical Role in Resolving the Gold Payable Obligations and Unlocking Value....The Board is not Serious About Renewal or Stockholder Representation on the Board... The Board is Attempting to Distract Stockholders by Mischaracterizing Routine Commercial Dealings...WisdomTree's CEO's Recent Statements and Behavior Should be Troubling to All Stockholders: ETFS Capital encourages stockholders to listen to the Company's investor call held on May 10, 2023 to discuss the resolution of the gold payable obligation, and reflect on the seemingly unprofessional demeanor and haphazard comments made by CEO Jonathan Steinberg," ETFS Capital said.Reference Link

07:24 EDT Oxford Biomedica launches TetraVecta lentiviral vector system - Oxford Biomedica announces the launch of its 4th generation lentiviral vector delivery system, TetraVecta. This technology developed at Oxford Biomedica elevates the quality, potency and packaging capacity of lentiviral vectors, while incorporating new and enhanced safety features, adding to the Company's client offering and its leading LentiVector platform. The TetraVecta system significantly enhances the development and manufacture of safer and more effective lentiviral vector-based therapies. This enables cell and gene therapy companies to overcome previous barriers in therapeutic development, due to the size, complexity, or interference of the payload to be delivered. This cutting-edge new technology paves the way for genuine plug and play manufacturing and supports Oxford Biomedica's clients in delivering their innovative and life-changing treatments to patients. The features of the TetraVecta system can also be used to accelerate the development and adoption of in vivo gene therapies. In addition to its broad applications, the TetraVecta system has demonstrated its versatile potential by supporting the creation of high-titre stable producer cell lines for previously unachievable payloads such as Chimeric Antigen Receptor constructs for CAR-T therapy.

07:21 EDT Broadwind announces ISS, Glass Lewis recommends vote 'FOR' all nominees - Broadwind announced that leading proxy advisory firms, Institutional Shareholder Services and Glass, Lewis & Co., have both recommended Broadwind stockholders vote on the Company's WHITE proxy card in favor of all seven of Broadwind's director nominees, as well as all other management proposals, at the upcoming 2023 annual meeting of stockholders scheduled to be held on May 23, 2023. In its report, ISS notes the following: "BWEN has already booked its first win in this new environment, announcing the largest tower order in company history in January. The market has reacted positively to the order, operational performance has since been promising, and the analyst community has expressed a generally favorable outlook for BWEN's prospects." "The dissident has presented a critique that amounts to a one-dimensional observation of historical underperformance. The critique overlooks recent developments, emphasizes legacy deficiencies that are detached from the present state of affairs, and generally fails to establish a cohesive argument." "The dissident has not made a compelling case for change. As such, votes FOR all seven management nominees are recommended." In its report, Glass Lewis notes the following: "We believe the future appears bright at the Company, evidenced not least by the recently announced Tower Order, with management and research analysts expecting strong performance and a return to profitability in 2023 and continuing through 2024." "The Company Nominees are the most suitable candidates to lead Broadwind through what appears to be the beginning of an emergence from the industry downturn in the wake of the pandemic." "Broadwind welcomes the favorable recommendations from ISS and Glass Lewis following deep analysis of the Company," stated Eric Blashford, President and CEO of Broadwind. "These recommendations reinforce our belief that the Company is heading in the right direction under its current leadership."

07:19 EDT Fulcrum Therapeutics expects cash to fund operations into mid-2025 - Fulcrum expects that its existing cash, cash equivalents, and marketable securities will be sufficient to fund its operating expenses and capital expenditure requirements into mid-2025.

07:17 EDT Fulcrum Therapeutics appoints Sapir as CEO - Fulcrum Therapeutics announced the appointment of Alex Sapir as chief executive officer and president, effective July 1st, 2023. Upon assuming his new role, Sapir will also join Fulcrum's board of directors. Interim CEO and president, Robert Gould Ph.D., will continue to serve as a member of the board of directors following the transition. Sapir joined Fulcrum as special advisor to the interim president and CEO in a part-time capacity before assuming his new role. Effective with the commencement of his employment, Fulcrum granted Sapir an inducement award under Fulcrums' 2022 Inducement Stock Incentive Plan on May 12, 2023, as an inducement material to his entry into employment with Fulcrum in accordance with Nasdaq Listing Rule 5635(c)(4).

07:15 EDT PointsBet to sell U.S. assets to Fanatics Betting and Gaming for $150M in cash - PointsBet announced that it has entered into a stock and equity sale agreement for the sale of its United States sports wagering, advanced-deposit wagering, or ADW, and iGaming operations, Banach technology, and a copy of the software for, and a license to use , the company's proprietary technology platform, to FBG Enterprises Opco, LLC d/b/a Fanatics Betting and Gaming, or FBG, for headline cash consideration of $150M on a "cash free, debt free" basis, subject to shareholder approval and certain regulatory and other conditions. The company will retain its Australian business and operations and its Canadian business and operations. The company will also retain its proprietary sports wagering, racing and iGaming platform and be granted a perpetual, royalty-free license to exploit the Banach technology assets. On completion the company will be able to continue to exploit both platforms in all geographic regions, except in the U.S. for an 18-month period. The company will retain its outstanding teams in Australia, Canada and India. PointsBet's funding requirement for the US Business will be capped at approximately $21M from the conclusion of the shareholder meeting to final completion of the proposed transaction. As part of the arrangements agreed, PointsBet will provide services to FBG prior to the final closing of the deal and be reimbursed for the cost of these services by FBG. For the avoidance of doubt, PointsBet's commercial commitments to NBCUniversal are to be transferred in full to FBG as part of the proposed transaction. PointsBet's final payment to NBCUniversal is included as part of its capped funding requirement. NBCUniversal has also released PointsBet Holdings Limited from its guarantee obligations under its Media Services Agreement from final Completion, and has irrevocably waived its right to exercise the equity options previously issued. These options have been terminated. If the proposed transaction completes, the company intends to distribute to shareholders the net sale proceeds together with the majority of the company's corporate cash reserves that will be surplus to the needs of the remaining business. The board currently estimates this distribution of capital to be approximately A$1.07 to A$1.10 per share, in total. The distribution of capital is expected to be made over two tranches in-line with the two-stage completion process. PointsBet shareholders will vote on the proposed transaction at a shareholder meeting expected to be held in late June. The PointsBet board unanimously recommends that shareholders vote in favor of the proposed transaction at the shareholder meeting, in the absence of a superior proposal.

07:10 EDT Canadian Solar subsidiary signs aggregation deal for 100MW in Texas - Canadian Solar's (CSIQ) wholly owned subsidiary Recurrent Energy has signed an aggregated virtual power purchase agreement with EMD Electronics, Biogen (BIIB), Wayfair (W), Autodesk (ADSK) and a large healthcare company for 100% of the production capacity of the Liberty Solar project. Recurrent Energy is currently developing the 100 MWac solar project in Liberty County, Texas, around 50 miles from Houston. The project is expected to be operational in 2024. EMD Electronics, the U.S. and Canada electronics business of Merck , Darmstadt, Germany, will purchase renewable energy generated by a 40 MW portion of Liberty Solar, serving as the anchor buyer of the project. Once operational, Liberty Solar will help achieve Merck (MRK), Darmstadt, Germany's goal to match 80% of the globally purchased electricity from renewable sources by 2030 and become climate neutral by 2040. Biogen will purchase renewable energy generated by a 20 MW portion of Liberty Solar as part of its commitment to 100% renewable electricity. Wayfair will purchase renewable energy generated by a 15 MW portion of Liberty Solar. Once the project is online, Wayfair's portion is expected to produce 37,000 MWh. Autodesk will purchase renewable energy generated by a 10 MW portion of Liberty Solar. A large healthcare company will purchase renewable energy generated from the remaining 15 MW portion of Liberty Solar. The five companies were organized and supported by Sustainability Roundtable's Net Zero Consortium for Buyers, the leading platform for corporate aggregated procurement of large-scale renewable energy in the U.S. and Europe.

07:07 EDT Trevena expects cash to fund requirements through 2023 - Cash, cash equivalents and marketable securities were $27.4 million as of March 31, 2023, which the Company believes will be sufficient to fund the Company's operations through year-end 2023. Together with the expected $3 million Nhwa Milestone payment and $15 million available under the R-Bridge Financing upon Nhwa's first commercial sale of OLINVYK in China, the Company believes this will be sufficient to fund operations to mid-2024.

07:04 EDT Republic First Bancorp says bank has 'adequate capital position' - Republic First Bancorp provided the following updates. Based on the positive impact associated with new leadership's initial strategic initiatives and other considerations, the Company's Board of Directors has determined that the Bank has an adequate capital position at this time. The Company's recent initiatives include winding down both its New York City commercial lending business and mortgage origination business. These steps were taken to improve efficiency in the near-term and support profitable growth within core service markets over the long-term. In the coming weeks and months, new leadership intends to implement additional initiatives to advance its strategic realignment of the Bank. On March 10, 2023, the Company announced a $125 million capital raise - which included commitments from seasoned community bank investor Castle Creek Capital and an affiliate of Cohen Private Ventures, LLC - that requires the participation of additional accredited investors. The Board has decided to wait for market conditions to stabilize before identifying additional participants to round out the capital raise on acceptable terms. Prior to reaching its determination, the Board worked with independent legal and financial advisors to evaluate the Bank's near-term capital needs in the context of the recent market dislocation and in keeping with its duties. Thomas Geisel, President and CEO, stated: "The actions we have taken - and will continue to take - are laying the foundation for a more efficient, profitable business that can create enhanced value for all shareholders and stakeholders. While recent initiatives are already having a positive impact, they are just the first steps in our strategic realignment of the Bank. We remain focused on taking actions to preserve the Bank's capital, strengthen our core business, and position us to identify additional investor commitments at the right time and on the right terms. Protecting Republic's valued shareholders from excessive and unnecessary dilution is very important to us."

06:41 EDT Docebo authorizes normal course issuer bid - Docebo announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its common shares. Docebo is authorized to acquire up to a maximum of 1,650,672 of its Shares, or approximately 5% of total shares outstanding as of May 1, 2023, for cancellation over the next 12 months. The number of Shares that can be purchased pursuant to the NCIB is subject to a current daily maximum of 10,924 Shares. Docebo may begin to purchase Shares on or about May 18, 2023 and the bid will terminate on May 17, 2024 or such earlier time as Docebo completes its purchases pursuant to the bid or provides notice of termination. Docebo intends to fund the purchases out of its available cash. Docebo may elect to suspend or discontinue its NCIB in accordance with certain conditions set forth in the Plan. The Plan will be effective as of May 18, 2023.

06:32 EDT TPG to acquire Angelo Gordon in $2.7B cash and equity transaction - TPG and Angelo Gordon announced that the companies have entered into a definitive agreement under which TPG will acquire Angelo Gordon in a cash and equity transaction valued at approximately $2.7B, based on TPG's share price as of May 12, 2023, including an estimated $970M in cash and up to 62.5M common units of the TPG Operating Group and restricted stock units of TPG, in each case, subject to certain adjustments. The transaction also includes an earnout based on Angelo Gordon's future financial performance, valued at up to $400M. The transaction is subject to customary closing conditions, including HSR, international regulatory approvals, and other client and third-party consents. The transaction, which was unanimously approved by the TPG Board of Directors, is expected to close in Q4 2023.

05:50 EDT Tesla recalling 1.1M cars in China over potential safety risks, regulator says - Tesla will recall more than 1.1M cars in China due to potential safety risks, China's State Administration for Market Regulation said in a statement. "Starting from May 29, 2023, some imported Model S, Model X, Model 3 and domestically produced Model 3 and Model Y vehicles with a production date between January 12, 2019 and April 24, 2023 will be recalled, totaling 1,104,622 vehicles," the regulator said. It added: "The vehicles within the scope of this recall do not allow the driver to choose the energy recovery braking strategy; at the same time, there may not be enough reminders for the driver to depress the accelerator pedal deeply for a long time. The superposition of the above factors may increase the probability of mistakenly stepping on the accelerator pedal for a long time, which may increase the risk of collision and pose a safety hazard." Reference Link

05:07 EDT InterDigital signs new patent license agreement with Alps Alpine - InterDigital announced that it has signed a new patent license agreement with Alps Alpine Co. The deal covers Alps Alpine's range of devices under InterDigital's standard essential patents related to HEVC.