Stockwinners Market Radar for July 10, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DOCU

Hot Stocks

21:24 EDT DocuSign exec sells $4.9M in common stock - In a regulatory filing, DocuSign disclosed that its Field Operations President Stephen Shute sold 100.3K shares of common stock on July 6th in a total transaction size of $4.9M.
MDU

Hot Stocks

21:20 EDT MDU Resources to pursue separation of Construction Services business - The company stated: "Upon completing MDU Resources Group's previously announced strategic review of its wholly owned construction services business, MDU Construction Services Group Inc., the MDU Resources board of directors has determined that it will pursue a potential tax-advantaged separation of the construction services business from MDU Resources. The board said a tax-advantaged separation of the construction services business supports MDU Resources' goal of enhancing value for stockholders by becoming a pure-play regulated energy delivery company, an objective MDU Resources first announced in late 2022. MDU Construction Services Group has experienced record-breaking performance in recent years, with record revenue of $2.7B in 2022 and a record backlog of $2.13B of work at Dec. 31. For 2023, MDU Resources most recently reported it expects revenue from its construction services business of $2.8B to $3.0B, with margins slightly higher compared to 2022, and earnings before interest, taxes, depreciation and amortization in the range of $200 million to $225 million. MDU Resources also said it expects additional project opportunities to result from the federal Infrastructure Investment and Jobs Act and the energy transition underway in the U.S."
TRNO

Hot Stocks

21:18 EDT Terreno Realty reports Q2 occupancy of 97.8% vs. 97.9% last year - Terreno Realty announced its operating, investment and capital markets activity for the second quarter of 2023. As of June 30, 2023, Terreno Realty Corporation owned 257 buildings aggregating approximately 15.8 million square feet and 46 improved land parcels consisting of approximately 165.8 acres: The operating portfolio was 97.8% leased at June 30, 2023 to 566 tenants as compared to 98.1% at March 31, 2023 and 97.9% at June 30, 2022. Occupancy decreased during the second quarter primarily due to a 45,000 square foot short-term sale leaseback expiration at the Company's recently acquired Long Island City property. The property was subsequently leased with a September 1, 2023 commencement date; The same-store portfolio of approximately 13.2 million square feet was 98.4% leased at June 30, 2023 as compared to 98.5% at March 31, 2023 and 97.1% at June 30, 2022; The improved land portfolio of 46 parcels totaling approximately 165.8 acres was 96.3% leased at June 30, 2023 as compared to 98.9% at March 31, 2023 and 97.0% at June 30, 2022; Cash rents on new and renewed leases totaling approximately 0.8 million square feet and 3.0 acres of improved land commencing during the second quarter increased approximately 59.2% with a tenant retention ratio of 51.7% for the operating portfolio and 0.0% for the improved land portfolio. Cash rents on new and renewed leases totaling approximately 1.3 million square feet and 8.6 acres of improved land commencing during the six months ended June 30, 2023 increased approximately 64.3% with a tenant retention ratio of 52.9% for the operating portfolio and 0.0% for the improved land portfolio.
RAVE

Hot Stocks

20:45 EDT Rave Restaurant announces second consecutive year of unit count - The company states: "RAVE Restaurant Group announced the second consecutive year of positive net unit growth of Pizza Inn buffets as we continue to reposition and invest in the 65-year-old Pizza Inn brand. The five new buffets are located in geographic markets in which Pizza Inn once had a footprint, and the reintroduction of buffets in those areas contributes to the company's ongoing plan to reclaim markets it once served. Pizza Inn aims to leverage existing brand familiarity among consumers as well as a pent-up demand for the buffet-style chain's signature pizzas, salad bars, pastas, and desserts."
ADPT

Hot Stocks

20:03 EDT Cathie Wood's ARK Investment bought 170K Adaptive Biotechnologies shares today
FDMT ALPMY

Hot Stocks

19:31 EDT 4D Molecular enters into license agreement with Astellas Pharma on R100 - Astellas Pharma (ALPMY) and 4D Molecular Therapeutics (FDMT) "announced a license agreement under which Astellas gains rights to utilize the intravitreal retinotropic R100* vector invented by 4DMT for one genetic target implicated in rare monogenic ophthalmic disease(s), with options to add up to two additional targets implicated in rare monogenic ophthalmic diseases after paying additional option exercise fees. R100 is an adeno-associated virus vector invented by 4DMT for intravitreal delivery. It has the ability to penetrate the internal limiting membrane barrier and to efficiently transduce the entire retina, resulting in robust transgene expression within retinal cells. All three 4DMT clinical-stage ophthalmic product candidates utilize the R100 vector, including 4D-150 for wet age-related macular degeneration and diabetic macular edema. Under the terms of the agreement, 4DMT will provide its proprietary R100 vector technology to Astellas to deliver Astellas' unique genetic payloads for the treatment of rare monogenic diseases. Astellas will conduct all subsequent research, development, manufacturing, and commercialization activities. 4DMT will receive US$20 million upfront, and potential future option fees and milestones of up to $942.5M including potential near-term development milestones of $15M for the initial target. In addition, 4DMT is entitled to receive mid-single digit to double-digit, sub-teen royalties on net sales of all licensed products."
VMW

Hot Stocks

19:29 EDT VMware exec sells $2.45M in common stock - In a regulatory filing, VMware disclosed that its EVP Jean Brulard sold 17.2K shares of common stock on July 7th in a total transaction size of $2.45M.
AC

Hot Stocks

18:02 EDT Associated Capital reports preliminary Q2 book value of $41.35-$41.55 - Associated Capital Group announced a preliminary range for its second quarter book value of $41.35 to $41.55 per share. This compares to $41.30 per share at March 31, 2023, $40.48 per share at December 31, 2022 and $40.30 per share at June 30, 2022. Assets under management were $1.55B at June 30, 2023, compared to $1.8B at June 30, 2022.
AWK

Hot Stocks

17:42 EDT CA American Water relaxes water requirements for Monterey Peninsula customers - California American Water is updating the watering schedule for outdoor landscaping after the Monterey Peninsula Water Management District moved mandatory conservation levels from Stage 2 to Stage 1. "Conservation is always in season in Monterey and we have work to do to solve our water supply challenges," said Chris Cook, Central California Director of Operations. "Even though we were fortunate to have had a very wet winter, it's still crucial that all of us in our community continue to use water wisely." California American Water and MPWMD require customers in Monterey, Carmel, Seaside, Pacific Grove, Pebble Beach, Del Rey Oaks, Sand City and Carmel Valley to follow the two day per week watering schedule.
AMK

Hot Stocks

17:30 EDT AssetMark Financial reports platform assets of $100.8B at June-end, up 23% - AssetMark Financial Holdings released its "AssetMark Monthly Knowledge" Report today. Company results for the month of June 2023 include: Platform assets of $100.8B at the end of June, up 22.8% year-over-year. Net flows were $624M in the month of June, up 62.9% year-over-year. AssetMark Trust Company client cash was $2.94 billion, down 20.5% year-over-year. Number of households increased 12.6% year-over-year to 247,934 at the end of June.
ZS

Hot Stocks

17:20 EDT Zscaler CFO sells $1.82M in common stock - In a regulatory filing, Zscaler disclosed that its CFO Remo Canessa sold 12.5K shares of common stock on July 10th in a total transaction size of $1.82M.
DWAC

Hot Stocks

17:17 EDT Digital World Acquisition names Eric Swider as permanent CEO - Digital World Acquisition announced that Eric Swider, the Interim CEO and a member of DWAC's Board of Directors, has been appointed as CEO, effective July 6, 2023. Swider has been serving as the Interim CEO since March 19, 2023.
INCR

Hot Stocks

17:01 EDT InterCure board approves voluntary delisting from TSX - InterCure Ltd. announced that its board of directors has approved the voluntarily delisting of the company's common shares from the Toronto Stock Exchange. The Company has decided to delist from the TSX after concluding that maintaining the listing does not offer substantial benefits to the Company and its shareholders. The Shares are currently listed on the NASDAQ and the Tel Aviv Stock Exchange, in addition to them being listed on the TSX. After a careful review of the trading volume data relating to the Shares, the Board has concluded that the trading volume on the TSX in insufficient to justify the continued listing. The Issuer will, however, remain a "reporting issuer" under applicable Canadian securities laws and continue to provide regular comprehensive disclosure pursuant to National Instrument 71-102 - Continues Disclosure and Other Exemptions Relating to Foreign Issuers as a "SEC Foreign Issuer."
ADT

Hot Stocks

16:56 EDT ADT Inc. sees $145M-$185M impairment charge related to Solar unit - The company states: "As previously disclosed in our prior filings, the carrying value of the Solar reporting unit approximates its fair value following recent impairment charges and is considered at risk of future impairment. As part of the preparation of our second quarter condensed consolidated financial statements, we identified a triggering event as of June 30, 2023 related to our Solar reporting unit as a result of current macroeconomic conditions, including the impact of rising interest rates, as well as operating results for the reporting unit that, based on preliminary information, were below management expectations. We are in the process of performing an interim quantitative goodwill impairment assessment on the Solar reporting unit as of June 30, 2023. Currently, we expect to incur additional impairment charges of approximately $145 million to $185 million, including the impacts from the simultaneous equation, during the three months ended June 30, 2023. As of the date of this Current Report on Form 8-K, the Company has not identified any triggering events associated with its other reporting units."
LCW

Hot Stocks

16:46 EDT Learn CW Investment plans to extend period to consummate initial business deal - Learn CW Investment Corporation, a special purpose acquisition company, announced that the company intends to further extend the period of time the company will have to consummate its initial business combination by an additional one month from July 13, 2023 to August 13, 2023, subject to the timely deposit of an aggregate of $115,000 into the company's trust account on or prior to July 13, 2023. This Extension is the fourth of up to six one-month extensions permitted under the company's governing documents.
GATO

Hot Stocks

16:45 EDT Gatos Silver reports Q2 silver production of 2.0M oz, down 13% from last year
GATO

Hot Stocks

16:45 EDT Gatos Silver reports Q2 silver production of 2.0M oz, down 13% from last year
PAYO

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16:38 EDT Payoneer Global announces 9% workforce reduction - On July 10, 2023, Payoneer Global announced a plan to reduce its workforce by approximately 9% of the company's current total headcount. The company expects that the implementation of the Plan will be substantially completed by the end of the third quarter of 2023. The Plan is expected to enhance productivity and efficiency and streamline the company's organizational structure to better align operations with its growth objectives. The company intends to reinvest some savings from the Plan into future growth initiatives, and to continue hiring for roles essential to those initiatives in areas such as research and development. Decisions regarding the elimination of positions are subject to local law in the various jurisdictions in which the company employs its teams. The company estimates that it will incur charges of approximately $5M in connection with the Plan, which are expected to be incurred in the third quarter of 2023. These expected costs are primarily related to cash expenditures for severance payments and payroll taxes. Charges incurred in connection with the Plan will be excluded from Adjusted EBITDA, which is consistent with the company's past presentation. Additionally, the Company expects an annualized future benefit to its operating expenses of approximately $20 million in connection with the Plan. The company is still evaluating the positive impact the Plan will have on its 2023 guidance as disclosed on May 9, 2023. The above estimates are based on certain assumptions and actual amounts may differ materially from such estimates.
AMRC

Hot Stocks

16:35 EDT Ameresco announces battery energy storage asset contract with United Power - Ameresco announced the signing of a contract for a significant battery energy storage asset in partnership with United Power, an electric cooperative serving Colorado's northern Front Range. The groundbreaking asset installation entails a multiple site, 78.3 MW, 313.34 MWh battery storage system, spanning a 20-year agreement between Ameresco and United Power. By strategically locating battery arrays throughout United Power's service territory, this endeavor will empower the cooperative to balance its load effectively while seamlessly integrating renewable resources into their operations. "The use of batteries on our distribution network is essential to a resilient and responsive power system, and we are excited to be moving ahead with one of the most aggressive plans for such a system," stated Mark A. Gabriel, President and CEO of United Power. "These battery arrays will allow us to balance our power needs throughout the day and incorporate local renewables more efficiently." Ameresco will provide four 11.75 MW and four 7.84 MW battery arrays across eight different substation sites owned by United Power, encompassing Adams, Broomfield, and Weld counties. These batteries will empower the cooperative to store and dispatch power efficiently during periods of high consumption. By leveraging this state-of-the-art technology, United Power will optimize their energy resources, enhance their grid resilience, and ensure a reliable electricity supply for their customers.
WDFC

Hot Stocks

16:35 EDT WD-40 jumps 4.5% to $202.50 after Q3 results, affirmed guidance
EXLS

Hot Stocks

16:32 EDT EXL names Vishal Chhibbar chief growth and strategy officer - EXL announced the appointment of Vishal Chhibbar as executive vice president and chief growth and strategy officer. He will report to Rohit Kapoor, vice chairman and chief executive officer of EXL and will be an executive committee member. The appointment marks Chhibbar's return to EXL after serving as the company's chief financial officer from 2009 to 2019, where he instituted some of EXL's foundational growth strategies. In his new role, Chhibbar will draw on his leadership experience, financial expertise, and knowledge of EXL's business to spearhead EXL's growth, overseeing areas such as strategy, marketing, sales governance, mergers and acquisitions and partnerships. "Vishal brings that unique combination of deep expertise grounded in the fundamentals with the vision and creativity to see the next big opportunity and seize it," said Kapoor. "As our business continues to grow at a rapid pace, driven increasingly by our work leading enterprise digital transformation initiatives and large-scale AI deployments, Vishal's practical insights and keen instincts will be a tremendously valuable asset. I'm thrilled to have him back on the team."
COHR

Hot Stocks

16:32 EDT Coherent says gallium, germanium export restriction from China to have no impact - Coherent provided its initial assessment of the export restriction of gallium and germanium from China expected to begin on August 1. The company believes that the restriction will have minimal to no impact on the company's sales and prospects due to ample inventories of these materials at both Coherent and its supply chain partners, and the ability to source the materials outside of China. In addition, efficient recycling programs already exist at both Coherent and its supply chain partners. The company will continue to monitor and assess any changes in the global supply.
CWST

Hot Stocks

16:32 EDT Casella Waste, Waga Energy sign pact to develop renewable natural gas - Casella Waste Systems and Waga Energy announced the signing of a commercial agreement on July 10, 2023 to develop renewable natural gas facilities at three Casella landfills. As part of the commercial agreement, Waga Energy will deploy the capital required to fully fund construction of the projects and will own and operate the RNG infrastructure. Casella and Waga Energy will share in the revenue generated from the RNG facilities once operational. Commercial operations are expected to start in approximately 24 months given the timeline for permitting and construction. The initial production across these three sites is expected to total approximately 1,300,000 MMBtu per year of RNG. Casella will receive from Waga Energy a royalty stream to supply landfill gas to the RNG facilities and the projects may be entitled to investment tax credits as part of the Inflation Reduction Act.
D...

Hot Stocks

16:31 EDT Dominion Energy sells remaining Cove Point stake to Berkshire Hathaway Energy - Dominion Energy (D) announced that it has concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy (BRK.A), which currently operates the facility and owns a 100% general partner and 25% limited partner interest. The total transaction value of $3.5 billion, inclusive of transaction proceeds ($3.3B) and expected proceeds from the termination of related interest rate derivatives ($0.2B), represents approximately 10.8x estimated 2025 EBITDA of $325M for Dominion Energy's 50% noncontrolling interest in Cove Point. Total after-tax proceeds of approximately $3.3B are expected to be used to repay debt including the existing $2.3B term loan secured by its noncontrolling interest in Cove Point. The company estimates that the transaction will increase the company's consolidated FFO to debt by approximately 0.7%. Associated with repaying the term loan, the company will unwind its related in the money "floating-to-fixed" interest rate derivative which is expected to result in proceeds to the company of approximately $200M. The sale is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Act and a filing with the U.S. Department of Energy.
BTTX

Hot Stocks

16:31 EDT Better Therapeutics receives FDA authorization for AspyreRx - Better Therapeutics announced that the FDA authorized AspyreRx, a prescription-only digital therapeutic treatment indicated to provide cognitive behavioral therapy to patients 18 years or older with type 2 diabetes. AspyreRx was reviewed through the FDA's De Novo pathway and its authorization creates a new class of diabetes digital behavioral therapeutic devices. AspyreRx is expected to launch commercially in Q4 2023.
SSYS...

Hot Stocks

16:25 EDT Stratasys to review unsolicited partial tender offer from Nano Dimension - Stratasys (SSYS) confirmed that Nano Dimension (NNDM) has increased the offer price of its unsolicited partial tender offer to acquire Stratasys ordinary shares not already owned by Nano to $24.00 from $20.05 per share in cash. The percentage of outstanding Stratasys ordinary shares being sought in the Revised Offer and the offer period remains unchanged. As previously announced on June 30, 2023, the Stratasys Board unanimously rejected Nano's previous partial tender offer to acquire between 31.9% and 36.9% ownership of Stratasys' outstanding ordinary shares for $20.05 per share in cash. On May 30, 2023, the Stratasys Board unanimously rejected Nano's previous unsolicited partial tender offer to acquire between 38.8% and 40.8% ownership of Stratasys' outstanding ordinary shares not already owned by Nano for $18.00 per share in cash. The Stratasys Board carefully reviewed and evaluated the partial tender offers and concluded that they substantially undervalued the Company and were not in the best interests of Stratasys shareholders. Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, the Stratasys Board of Directors will carefully review and evaluate the Revised Offer to determine the course of action that it believes is in the best interests of the Company and Stratasys shareholders. Stratasys shareholders are advised to take no action at this time pending the Stratasys Board's review and evaluation of the Revised Offer. Stratasys intends to advise shareholders of the Stratasys Board's position regarding the Revised Offer within ten business days. On May 25, 2023, Stratasys entered into a merger agreement with Desktop Metal, pursuant to which Desktop Metal, Inc. (DM) agreed to combine with Stratasys in an all-stock transaction. The Stratasys Board has not changed its unanimous approval, recommendation and declaration of advisability of the previously announced transaction with Desktop Metal.
ETWO

Hot Stocks

16:25 EDT E2open jumps 18% to $6.74 after Q1 results and guidance
ETWO

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16:24 EDT E2open sees Q2 subscription revenue $132M-$135M, up 1.4% vs. last year
ETWO

Hot Stocks

16:21 EDT E2open names Greg Randolph as Chief Commercial Officer - E2open "announces the appointment of Greg Randolph as chief commercial officer. Randolph will join e2open's executive team on July 31 and report to Michael Farlekas, president and chief executive officer. In this newly created role, Randolph will lead e2open's global commercial organization and be responsible for refining the company's go-to-market strategy and execution, continuing to accelerate growth."
AMD IBM

Hot Stocks

16:19 EDT AMD announces Phil Guido as chief sales officer - AMD (AMD) announced that executive VP and chief sales officer Darren Grasby will transition into a new role as executive vice president, strategic partnerships and that Phil Guido has joined the company as executive vice president and chief commercial officer. Guido will be responsible for leading the AMD worldwide sales organization with a focus on further accelerating adoption of the company's leadership products with commercial and data center customers. Guido joins AMD after more than 30 years at IBM (IBM) where he most recently served as general manager, global managing partner of strategic sales at IBM Consulting.
IR

Hot Stocks

16:15 EDT Ingersoll-Rand names Matt Emmerich CIO - Ingersoll Rand has appointed Matt Emmerich as senior vice president and chief information officer, effective July 17, reporting to Vicente Reynal, chairman, president and chief executive officer. As CIO, Matt will lead the overall strategy and execution of the company's global information technology organization across technology operations, infrastructure, applications and information security. His leadership is critical to accelerating the company's digital transformation and innovation strategies. "Matt has a unique background at the convergence of business and technology," said Reynal. "His established track record in driving transformation while maintaining seamless daily technology operations makes him uniquely qualified to help us solidify IT as a competitive advantage within Ingersoll Rand."
GLTA MRT

Hot Stocks

16:15 EDT Galata Acquisition, Marti Technologies complete business combination - Galata Acquisition Corp. (GLTA), a Cayman Islands exempted company and a former U.S. publicly-listed special purpose acquisition company, announced the closing of its previously announced business combination with Marti Technologies Inc. The combined company, Marti Technologies, Inc., a Cayman Islands exempted company, will commence trading of its Class A Ordinary Shares and warrants on the NYSE American Stock Exchange under the ticker symbols "MRT" and "MRTW", respectively, on July 11. The business combination was approved by Galata's shareholders at an extraordinary general meeting held on July 6. "Founded in 2018, Marti is Turkiye's leading mobility app, offering multiple transportation services to its riders. Marti has launched a ride hailing service that matches riders with drivers traveling in the same direction and operates a large fleet of e-mopeds, e-bikes, and e-scooters. All of Marti's offerings are serviced by proprietary software systems and IoT infrastructure," the company stated.
GLTA MRT

Hot Stocks

16:13 EDT Galata Acquisition cancels extraordinary general meeting - Galata Acquisition Corp. (GLTA) announced that its extraordinary general meeting of shareholders scheduled on July 12, to vote on, among other things, a proposal to extend the date by which Galata must consummate a business combination has been cancelled. Galata determined that the Extraordinary General Meeting is no longer necessary due to the consummation of the previously announced business combination between Galata and Marti Technologies Inc. on July 10, the company stated. The combined company, Marti Technologies, Inc., formerly known as Galata Acquisition Corp., or "New Marti," a Cayman Islands exempted company, will commence trading of its Class A Ordinary Shares and warrants on the NYSE American Stock Exchange under the ticker symbols "MRT" and "MRTW", respectively, on July 11, the company noted.
EZFL

Hot Stocks

16:12 EDT EzFill delivers1.58M gallons during Q2 up 20% sequentially - EzFill Holdings announced that it delivered approximately 1.58M gallons during the second quarter of 2023, achieving yet another quarterly record and the sixth consecutive quarter with an increase in gallons delivered. This represents an increase of approximately 20% from the first quarter of 2023 and approximately 100% from the second quarter of 2022. The increase was the result of adding 53 new fleet accounts year to date as well as new residential and marine focused marketing that is starting to show results in new users and orders. The Company continues to add new technology and features to its consumer app combined with its online marketing activities. Yehuda Levy, co-founder and interim CEO says "I want to congratulate the team on achieving yet another record. The fleet business continues its consistent growth in our locations throughout Florida. Additionally, on the residential and marine side we continue to see the results of our targeted marketing campaigns. Additionally, we recently launched a condominium and homeowners association offering and we believe that signing on condominiums and HOAs will result in additional growth in our residential vertical."
PRTA BMY

Hot Stocks

16:11 EDT Prothena announces Bristol Myers opt-in for PRX005 worldwide rights - Prothena Corporation (PRTA) announced that Bristol Myers Squibb (BMY) exercised its option under the global neuroscience research and development collaboration to obtain the exclusive worldwide commercial rights for PRX005 and will pay Prothena $55 million. PRX005, which is designed to be a best-in-class anti-tau antibody, specifically targets an area within the microtubule binding region of tau for the potential treatment of Alzheimer's disease. "Earlier this year, as part of our collaboration with Bristol Myers Squibb, we announced topline data from the single ascending dose portion of the Phase 1 clinical trial showing that PRX005 across three dose cohorts was safe and well tolerated with expected pharmacokinetic properties, meeting the primary objectives of the study. We are proud of our pioneering role in targeting this key region within the MTBR of tau and excited that Bristol Myers Squibb have exercised their option for worldwide rights to PRX005," said Gene Kinney, PhD, President and Chief Executive Officer, Prothena. "At Prothena, we will continue advancing our broad portfolio of product candidates for Alzheimer's disease, including PRX012, our next-generation antibody targeting amyloid beta, a well-validated disease pathway, and PRX123 an amyloid beta/tau dual-targeting vaccine with the potential to prevent Alzheimer's disease. We believe that our portfolio is well-positioned to revolutionize the care of patients suffering from this devastating disease."
CAMP

Hot Stocks

16:09 EDT CalAmp to explore strategic alternatives - The company said, ""Over the past few years, CalAmp has been executing a strategy to create shareholder value as an independent company. In the past weeks, we have received unsolicited inbound inquiries, as a result of which the Board of Directors has engaged advisors and formed a special committee to help us explore all strategic alternatives."
NBTB

Hot Stocks

16:06 EDT NBT Bancorp, Salisbury merger bexpected to close on August 11 - NBT Bancorp announced that it has received regulatory approval to complete the proposed merger of Salisbury with and into NBT and Salisbury Bank and Trust Company with and into NBT Bank, National Association. The Office of the Comptroller of the Currency and the Connecticut State Banking Department both approved the Merger, and NBT received an application waiver from the Federal Reserve Bank of New York. The Merger is expected to close on August 11 subject to the satisfaction of customary closing conditions. A weekend systems conversion will follow with locations of Salisbury Bank opening as NBT Bank offices on August 14.
ICHR

Hot Stocks

16:05 EDT Ichor Holdings names Greg Swyt CFO - Ichor Holdings announced the promotion of Greg F. Swyt to chief financial officer, effective as of August 30, 2023. Mr. Swyt, who has served as the company's chief accounting officer since January 2022, will succeed retiring CFO Larry J. Sparks. Mr. Sparks has agreed to remain with the company and assist in the CFO transition for up to six months. Mr. Swyt, 62, joined Ichor early last year, after nearly 25 years of financial leadership roles in the semiconductor capital equipment and global electronics technology industries. Prior to joining Ichor as chief accounting officer in January 2022, Mr. Swyt served as CFO of Silvaco Group, Inc., a privately-held provider of EDA tools and semiconductor IP. Mr. Swyt had joined Silvaco in June 2021 after nearly five years at Onto Innovation and its predecessor, Nanometrics Incorporated. "I have had the pleasure of working closely with Greg throughout many of the last 25 years, not only at Ichor but also during our tenures at Nanometrics, Intevac, and Applied Materials," commented Jeff Andreson, CEO. "Greg possesses true expertise in financial management of capital equipment companies and, since joining Ichor early last year, he has rapidly learned our business and has proven himself to be a leader in our finance organization. I look forward to working in close partnership with Greg as he succeeds Larry as CFO. All of us at Ichor will miss Larry, and we wish him and his family the very best in his retirement."
ABUS NBRV

Hot Stocks

16:05 EDT Arbutus Biopharma appoints Karen Sims as chief medical officer - Arbutus Biopharma (ABUS) announced the appointment of Karen Sims as chief medical officer and Christopher Naftzger as general counsel and chief compliance officer. Naftzger succeeds Elizabeth Howard who will continue in an advisory role with respect to the on-going patent infringement litigations. Sims and Naftzger will report directly to William Collier, Arbutus president and CEO, effective immediately. Karen Sims joined Arbutus in April 2017 and has held positions of increasing seniority, including most recently as VP, clinical development, before being promoted to chief medical officer. Naftzger joins Arbutus with more than 25 years of legal experience, including over a decade of experience serving as senior in-house counsel with life science companies. Most recently he served as Interim-CEO, general counsel and corporate secretary of Nabriva Therapeutics (NBRV).
PSMT

Hot Stocks

16:04 EDT PriceSmart reports Q3 comparable net merchandise sales up 5.8% - Net merchandise sales grew 7.1%. Comparable net merchandise sales for the 49 warehouse clubs that have been open for greater than 13 1/2 calendar months increased 5.8% for the 13-week period ended June 4, 2023 compared to the comparable 13-week period of the prior year. Comparable net merchandise sales - constant currency for the 13 weeks ended June 4, 2023 increased 4.3%. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales positively by 1.5% versus the same period in the prior year.
LTCH

Hot Stocks

16:02 EDT Latch to reduce U.S. and Taiwan workforce by 59% - The company states: "Following the completion of the Honest Day's Work acquisition earlier this month, Latch, Inc. = announced its commitment to enhancing operational discipline and efficiency within the organization. As part of this strategic initiative, the company expects to reduce its current U.S.- and Taiwan-based workforce approximately 59% by November 1, 2023. HDW's talent philosophy and global team have enabled Latch to quickly execute on cost savings, and the decreased U.S.- and Taiwan-based headcount should allow for additional cost cutting measures to be implemented on SaaS software licenses and other systems."
PSMT

Hot Stocks

16:02 EDT PriceSmart announces $75M share repurchase program - The Board of Directors of PriceSmart has authorized the company to repurchase up to $75M of common stock. The repurchase program has no time limit, may be suspended for periods or discontinued at any time and does not obligate the company to acquire any amount of common stock.
VRDN

Hot Stocks

16:01 EDT Viridian reports 'positive' preliminary data from Phase 1/2 VRDN-001 trial - Viridian Therapeutics announced positive preliminary data from its ongoing Phase 1/2 clinical trial of VRDN-001, an investigational full antagonist antibody to the insulin-like growth factor 1 receptor (IGF-1R), in patients with chronic thyroid eye disease (TED). The Company also announced an amendment to its ongoing THRIVE Phase 3 trial design and provided an update on recent progress of its SC program candidates in TED. "It is quite impressive that patients in the 10 mg/kg and 3 mg/kg dose cohorts experienced reductions in proptosis as well as improvements in their clinical activity scores after receiving just two infusions of VRDN-001," said Kimberly Cockerham, M.D., an Oculoplastic Surgeon specializing in neuro-ophthalmology, orbital oncology and oculofacial restoration at the SENTA Clinic in San Diego, California, and an investigator on the VRDN-001 clinical trial. "Importantly, VRDN-001 was generally well tolerated among all treated patients, who will continue to be evaluated for safety and durability of response. Thus far, these data suggest that VRDN-001 has the potential to become an important new treatment option for managing the signs and symptoms of TED."
SRCE

Hot Stocks

15:41 EDT 1st Source says unauthorized third-party gained access to sensitive client data - In a regulatory filing, 1st Source Corporation disclosed that on May 31, a vendor to 1st Source Bank, a wholly owned subsidiary of the company, Progress Software Corporation, disclosed a previously unknown vulnerability in its MOVEit file transfer software that could enable malicious actors to gain unauthorized access to sensitive files and information. "MOVEit is used by thousands of organizations for secure data file transfers and is now the subject of a widely reported cybersecurity event impacting numerous organizations and governmental agencies around the world. The company uses MOVEit for secure file transfers supporting internal operations and client services. Upon learning of the vulnerability, the company promptly deployed cybersecurity defenses. This included patching the software according to the vendor's published protocols, hardening of the host server containing the MOVEit software, and launching an internal investigation in partnership with outside independent cybersecurity forensic experts. The company's investigation is ongoing, and it is also in contact with law enforcement and regulatory authorities. As part of its continuing investigation, the company discovered that an unauthorized third-party gained access to sensitive client data of commercial and individual clients, including personally identifiable information. The company has notified and is working with its commercial clients so impacted and is in the process now of identifying and directly notifying individual clients who have been impacted. The company will ensure that appropriate notifications are provided to impacted individuals who will be offered complimentary credit monitoring and identity restoration services. These will be described in the notifications. While the investigation is still ongoing, the vulnerability has been contained and there is no indication that there has been any impact on any of the company's information systems other than the MOVEit application. There has been no interruption to the company's systems, services, or business operations. The company is aware that certain of its critical vendors may also have been impacted by the same vulnerability, as it believes every user of this version of MOVEit software was, and that the company's data processed and/or stored by such vendors may have been impacted. While the company has not received any notification that this happened, it will assess and respond to any impacts as part of its ongoing investigation or if so notified. The company is continuing to evaluate the impact of the vulnerability, including certain remediation expenses and other potential liabilities. The company does not currently believe the incident will have a material adverse effect on its business, operations, or financial results," the company stated.
RTX

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15:33 EDT RTX awarded $5M task order under NASA xEVAS contract - Collins Aerospace, an RTX business announced it has been awarded a new task order under NASA's Exploration Extravehicular Activity Services, or xEVAS, contract to modify the company's current spacesuit to support lunar endeavors. The follow-on task order allows Collins to add on to the company's new spacesuit design, developing elements that are compatible for use on the lunar surface as part of NASA's Artemis missions. Collins was awarded a task order valued at $5M, following a proposal process that required the company to identify the methodologies to develop a crossover product.
F...

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14:54 EDT Manheim Report: Used vehicle values fall for 3rd straight month in June - The Manheim Used Vehicle Value Index ,MUVVI, declined to 215.1 in June, ending the first half of 2023 down 10.3% from a year ago. Additionally, wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, decreased by 4.2% in June. This decrease, a record for June, was impacted by the seasonal adjustment and other factors, including multiple holiday weekends. The non-adjusted price change in June decreased by 3.8% compared to May, moving the unadjusted average price down 10.1% year over year. "The wholesale market story for the first half of 2023 can be summed up in one word: volatile," said Cox Automotive Chief Economist Jonathan Smoke. "The result, however, is not unexpected. Larger upswings during the first quarter and a downward trajectory that began in the second half of March have brought us to roughly where we expected to be at this point in the year. The good news is that the worst of this is likely behind us. Used retail sales held steady in June and are showing signs of strengthening - inventory levels are generally balanced between supply and demand." Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC) Tesla (TSLA), Toyota (TM) ,Volkswagen (VWAGY), AutoNation (AN)m Copart (CPRT) CarMax (KMX) and Carvana (CVNA). Reference Link
META...

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13:41 EDT EU adopts adequacy decision for EU.U.S. Data Privacy Framework - The European Commission has adopted its adequacy decision for the EU-U.S. Data Privacy Framework. The decision concludes that the United States ensures an adequate level of protection - comparable to that of the European Union - for personal data transferred from the EU to US companies under the new framework. On the basis of the new adequacy decision, personal data can flow safely from the EU to US companies participating in the Framework, without having to put in place additional data protection safeguards. The EU-U.S. Data Privacy Framework introduces new binding safeguards to address all the concerns raised by the European Court of Justice, including limiting access to EU data by US intelligence services to what is necessary and proportionate, and establishing a Data Protection Review Court (DPRC), to which EU individuals will have access. The new framework introduces significant improvements compared to the mechanism that existed under the Privacy Shield. For example, if the DPRC finds that data was collected in violation of the new safeguards, it will be able to order the deletion of the data. The new safeguards in the area of government access to data will complement the obligations that US companies importing data from EU will have to subscribe to. President Ursula von der Leyen said: "The new EU-U.S. Data Privacy Framework will ensure safe data flows for Europeans and bring legal certainty to companies on both sides of the Atlantic. Following the agreement in principle I reached with President Biden last year, the US has implemented unprecedented commitments to establish the new framework. Today we take an important step to provide trust to citizens that their data is safe, to deepen our economic ties between the EU and the US, and at the same time to reaffirm our shared values. It shows that by working together, we can address the most complex issues." Publicly traded companies in the space include Meta Platforms (META), Twitter (TWTR), Pinterest (PINS) and Snap (SNAP). Reference Link
QQQ...

Hot Stocks

13:25 EDT Nasdaq 100 to undergo Special Rebalance to curb 'magnificent seven' dominance - Nasdaq announced that the Nasdaq-100 Index (NDX) will undergo a Special Rebalance effective prior to the market open on Monday, July 24. As described in the published index methodology, a Special Rebalance may be conducted to address overconcentration in the index by redistributing the weights. The Special Rebalance will not result in the removal or addition of any securities. The Nasdaq-100 Index includes 100 of the largest Nasdaq-listed domestic and international non-financial companies, and serves as the benchmark for numerous financial products around the world, including ETFs, mutual funds, futures, and options. The index is typically reconstituted annually in December, with additional rebalancing opportunities each quarter. The Special Rebalance of the index will be enacted based on the index securities and shares outstanding as of July 3, and the index share announcements and pro-forma file release will take place July 14. The Fly notes that the rebalancing of the Nasdaq 100 index is set to adjust the weighting of its 100 components. The rebalancing has come to pass because the "magnificent seven" stocks: Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA), Google parent Alphabet (GOOGL), Meta Platforms (META) and Amazon.com (AMZN) currently accounting for more than half the index's weight. Reference Link
SRFM

Hot Stocks

12:34 EDT Surf Air Mobility sees trading on NYSE during week of July 24 - Surf Air Mobility announced that it anticipates its common stock will begin trading on the New York Stock Exchange under the ticker symbol "SRFM" during the week of July 24.
KOLD

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12:00 EDT ProShares UltraShort Bloomberg Natural Gas falls -7.0% - ProShares UltraShort Bloomberg Natural Gas is down -7.0%, or -$4.55 to $60.02.
AAN

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12:00 EDT Aaron's falls -11.8% - Aaron's is down -11.8%, or -$1.80 to $13.48.
FMC

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12:00 EDT FMC Corporation falls -12.9% - FMC Corporation is down -12.9%, or -$13.50 to $90.75.
CVNA

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12:00 EDT Carvana rises 11.2% - Carvana is up 11.2%, or $3.31 to $32.76.
WBX

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12:00 EDT Wallbox rises 12.1% - Wallbox is up 12.1%, or 49c to $4.55.
SOS

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12:00 EDT SOS Limited rises 16.8% - SOS Limited is up 16.8%, or 76c to $5.28.
AZMTF RIO

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11:00 EDT Azimut Exploration, Rio Tinto sign agreements for Corvet, Kaanaayaa properties - Azimut Exploration (AZMTF) announced the signing of two Option to Joint Venture Agreements with Rio Tinto Exploration Canada (RIO) for its wholly-owned Corvet and Kaanaayaa lithium properties. The Agreements contemplate an aggregate value of up to C$115.7M in expenditures and cash payments. The Properties are located in Quebec's Eeyou Istchee James Bay region. Under the Agreements, Rio Tinto can acquire an initial 50% interest on each of the Properties from Azimut over four years by funding $7M in exploration expenditures and by making cash payments totalling $850,000 per property. Azimut will be the operator during this first option phase. Exploration expenditures and cash payments, including a firm commitment of $1.5M per property in the first 12 months, will initiate following the lifting of wildfire restrictions in Quebec. Rio Tinto can earn an additional 20% interest over five years with further work expenditures of $50M per property. Rio Tinto will act as the operator during this second option phase. Azimut holds the right, should it choose, to be funded to production by way of secured loan from Rio Tinto by granting Rio Tinto an additional 5% interest in the Properties. The first-year exploration program will aggressively assess and test the lithium potential of the Properties. The Properties display significant lithium exploration potential supported by regional geoscientific data and their strategic locations relative to a major emerging lithium district. The Corvet Property is 33 kilometres long and straddles a major tectonic boundary. The main geological features of interest are granitic intrusions surrounded by paragneiss. The Property covers an outstanding exploration target represented by an extensive and prominent 26-kilometre-long lithium anomaly in lake sediments coupled with strong cesium, rubidium, gallium and tin footprints. The Kaanaayaa Property is 25.6 kilometres long and hosts several granitic intrusions surrounded by paragneiss and metavolcanics, including ultramafic rocks. Several coincidental Li-Cs-Rb-Ga anomalies have been identified from detailed multi-element lake sediment geochemistry. While the exploration programs under the Agreements will focus on identifying lithium-cesium-tantalum pegmatites, both Properties also have strong potential for intrusion-related gold-copper and magmatic nickel-copper-cobalt mineralization. Each property is subject to its own Agreement, whereby Rio Tinto can acquire an initial 50% interest in the property by fulfiling the following conditions over four years: Funding work expenditures of $1,500,000 in the first year and $5,500,000 in subsequent years for a total of $7,000,000 per property. Making cash payments of $250,000 on signing within 45 days of the Commencement Date and $150,000 on each anniversary of the Commencement Date, for a total of $850,000 per property. Upon earning a 50% interest, Rio Tinto can earn an additional 20% by funding work expenditures of $50 million over five years per property. Rio Tinto will act as the operator during this second option phase. Upon Rio Tinto earning a 70% interest, Azimut will have the option to be funded to production by way of secured loan from Rio Tinto in exchange for an additional 5% interest in the property. At this stage, the respective interests in the property will be Azimut 25%, Rio Tinto 75%. If exercised, the loan shall accrue interest at the SOFR + 4.5% per annum, to be paid back from 50% of the cash flow from production. The parties are dealing at arm's length. The Agreements remain subject to regulatory approvals by the TSX Venture Exchange.
WTRG

Hot Stocks

10:46 EDT Essential Utilities' Aqua Ohio subsidiary acquires URS system for $25.5M - Essential Utilities announced its Aqua Ohio subsidiary completed the purchase of the Union Rome Sewer system for $25.5M. The system includes a wastewater collection network and treatment plant serving 5,300 connections in Lawrence County, Ohio.
NYT

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10:24 EDT New York Times to disband sports department, rely on The Athletic - The New York Times said it would disband its sports department and rely on coverage of teams and games from its website The Athletic, both online and in print. Joe Kahn, The Times's executive editor, and Monica Drake, a deputy managing editor, announced the change to the newsroom as "an evolution in how we cover sports." They added, "We plan to focus even more directly on distinctive, high-impact news and enterprise journalism about how sports intersect with money, power, culture, politics and society at large." The sports desk has more than 35 journalists and editors. Reference Link
DFH

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10:00 EDT Dream Finders Homes falls -6.6% - Dream Finders Homes is down -6.6%, or -$1.53 to $21.60.
AAN

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10:00 EDT Aaron's falls -7.8% - Aaron's is down -7.8%, or -$1.19 to $14.09.
FMC

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10:00 EDT FMC Corporation falls -8.6% - FMC Corporation is down -8.6%, or -$8.96 to $95.28.
SPHR

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10:00 EDT Sphere Entertainment rises 6.8% - Sphere Entertainment is up 6.8%, or $2.29 to $35.91.
SLVM

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10:00 EDT Sylvamo rises 7.2% - Sylvamo is up 7.2%, or $2.94 to $43.80.
BHG

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10:00 EDT Bright Health rises 8.0% - Bright Health is up 8.0%, or $1.00 to $13.43.
AGR

Hot Stocks

09:53 EDT Avangrid reaches milestone of 8.6 GW wind, solar capacity - Avangrid reached a capacity of 8.6 GW through its more than 70 wind and solar facilities in operation across the country, which generate the electricity equivalent to powering over 2.8M homes with clean and renewable energy.
IMMX

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09:49 EDT Immix's Nexcella completes initial NXC-201 engineering batch at U.S. site - Nexcella announced the completion of its initial CAR-T NXC-201 engineering batch at its U.S. manufacturing site. This represents an important step forward in the planned U.S. expansion of the Company's ongoing Phase 1b/2a NEXICART-1 study of its novel BCMA-targeted chimeric antigen receptor T cell therapy NXC-201. This milestone is completed following the selection of a U.S. GMP manufacturer in February 2023 and commencement of U.S. engineering batches in May 2023.
KOLD

Hot Stocks

09:47 EDT ProShares UltraShort Bloomberg Natural Gas falls -6.4% - ProShares UltraShort Bloomberg Natural Gas is down -6.4%, or -$4.16 to $60.41.
ARL

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09:47 EDT American Realty Investors falls -6.9% - American Realty Investors is down -6.9%, or -$1.41 to $19.15.
AMBP

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09:47 EDT Ardagh Metal Beverage falls -7.0% - Ardagh Metal Beverage is down -7.0%, or -27c to $3.56.
IONQ

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09:47 EDT IonQ rises 4.8% - IonQ is up 4.8%, or 64c to $13.92.
SLVM

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09:47 EDT Sylvamo rises 5.2% - Sylvamo is up 5.2%, or $2.11 to $42.97.
WBX

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09:47 EDT Wallbox rises 7.5% - Wallbox is up 7.5%, or 30c to $4.36.
EPD

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09:41 EDT Enterprise Products increases quarterly distribution 2% to 50c per unit - Enterprise Products Partners board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the second quarter of 2023 of 50c per unit, or $2.00 per unit on an annualized basis. This quarterly distribution will be paid August 14, 2023, to common unitholders of record as of the close of business July 31, 2023. This distribution represents a 5.3% increase over the distribution declared with regard to the second quarter of 2022 and a 2% increase over the distribution declared for the first quarter of 2023.
PWM

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09:38 EDT Prestige Wealth Inc. trading resumes
IBRX

Hot Stocks

09:35 EDT ImmunityBio: CIML NK cells plus N-803 may induce tumor regression - ImmunityBio announced findings from a Phase 1 study showing that allogeneic cytokine-induced memory-like natural killer cells used in combination with ImmunityBio's IL-15 superagonist N-803 may induce tumor regression associated with persistent CIML NK cell expansion in advanced head-and-neck cancer patients. The results indicate the potential for a new treatment approach for the disease in advanced cases that currently have extremely poor prognoses. The data from the proof-of-concept study were presented by Glenn J. Hanna, M.D., Medical Oncologist with Dana-Farber Cancer Institute and Assistant Professor of Medicine at Harvard Medical School at the American Association for Cancer Research and the American Head and Neck Society joint conference in Montreal, July 7-8, 2023. This phase 1 single-center trial enrolled 10 patients with R/M HNC regardless of human papillomavirus status who had prior platinum chemotherapy and immunotherapy. Patients in cohort 1 received LD fludarabine and cyclophosphamide on days -6 to -2 prior to haploidentical CIML NK cell infusion on day 0 followed by N-803 starting on day +1 every 21-days for 4-doses. Patients in cohort 2 received the same regimen with a dose of lead-in ipilimumab on day -7. A total of 6 patients were treated in cohort 1 and 4 patients in cohort 2. The primary objective was safety and maximum tolerated dose of CIML NK cells. The secondary objective was objective response rate, progression-free survival, overall survival, and phenotypic expansion and function of adoptively transferred NK cells.
PMETF

Hot Stocks

09:33 EDT Patriot Battery Metals calls short report 'factually inaccurate' - Patriot Battery Metals is aware of a recent report published by Night Market Research. The company said, " The Short Report includes numerous claims about Patriot's management of the Company and promotion of the technical fundamentals of the Corvette deposit, which the Company asserts are factually inaccurate and misleading. Patriot has sought legal advice on the Short Report and refutes the key conclusions made by Night Market Research. The Report has been published without consultation of the Company or the opportunity for fact checking. Night Market Research has indicated that it holds a short interest position in Patriot; hence it will realise gains from a decline in Patriot's share price. 1. Patriot's maiden resource timing and size: Patriot can confirm that the maiden resource for Corvette will be released publicly in the coming weeks. The resource is expected to be a large-scale and high-grade lithium deposit when benchmarked against other hard rock lithium projects globally. In accordance with its previous announcements, the Company confirms that management secured additional funding to expand the exploration program in late 2022 to further appraise and define the CV5 pegmatite. This is a common practice for early-stage mining development projects. Patriot has publicly released its lithium drilling results to date via TSX / ASX announcements and its entire drill-hole database is available on its corporate website1; this transparency allows market participants to conduct their own assessment of the resource. The Company further released additional drilling results as per its TSX / ASX announcement titled 'Patriot Announces Final Core Assay Results from its 2023 Winter Drill Program, including 108.0 m at 2.44% Li2O, at the CV5 Pegmatite, Corvette Property, Quebec, Canada' dated 10 July 2023. 2. Patriot's response to media speculation of corporate activity: Patriot is aware of a recent Australian Financial Review article dated 9 July 2023 which noted potential corporate M&A activity involving the Company. Whilst Patriot has received strong inbound interest in relation to Corvette from a range of tier 1 global mining and chemicals companies, the Company can confirm that it has not received any takeover or corporate proposals to date. Patriot has appointed a range of advisers and key personnel to support the continued development and financing of Corvette, as an independent lithium company. Consequently, management's focus is on advancing a maiden resource, accelerating exploration drilling, progressing permitting and advancing environmental and study work, whilst considering its funding options in parallel. 3. Other Matters: Patriot can confirm that it has historically used media agencies to assist with market awareness of Patriot, which is not uncommon for microcap stocks. This includes a contractual engagement with JWC Market Awareness Group , which commenced in August 2021 and was discontinued after 6-months, in January 2022. At the termination of this contract, Patriot's market capitalisation was approximately C$20 million. The Company also notes that its Board and management team have significant experience in the lithium industry. Patriot's Chairman Ken Brinsden was previously Managing Director and CEO of Pilbara Minerals prior to joining Patriot."
STT

Hot Stocks

09:33 EDT State Street announces entry into Colombian market - State Street Corporation announced its expansion into Colombia, scaling its servicing capabilities for institutional clients in Latin America. Andres Zambrano Burgl will manage the Colombia office and lead sales in the country. Zambrano is based in Bogota and will report to Maria Ximena Vasquez, State Street's head of Sales for Latin America and The Caribbean ex-Brazil.
PWM

Hot Stocks

09:33 EDT Prestige Wealth Inc. trading halted, volatility trading pause
PMETF

Hot Stocks

09:31 EDT Patriot Battery Metals announces core assay results from Winter Drill Program - Patriot Battery Metals announced core assays for the final set of drill holes completed as part of the 2023 winter drill program at its wholly owned Corvette Property, located in the Eeyou Istchee James Bay region of Quebec. The winter phase of the 2023 drill campaign was focused on the CV5 Pegmatite, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. Core assays, for the drill holes reported herein, cover the CV5 Pegmatite's recently defined eastward extension, the high-grade Nova Zone, and the recently defined westward extension. Drill hole CV23-181 and 177 targeted further delineation of the Nova Zone with both returning wide and high-grade intercepts - 108.0 m at 2.44% Li2O, including 37.5 m at 3.58% Li2O or 16.0 m at 4.08% Li2O, and 115.3 m at 1.81% Li2O, including 89.6 m at 2.20% Li2O. The high-grade Nova Zone has been traced over a strike length of at least 1.1 km - from drill holes CV23-132 to 108 and includes multiple drill intersections of 5+ m at greater than5% Li2O, demonstrating the high-grade tenure of this sub-set of the Corvette discovery. As the Company works towards extension of the Corvette discovery, core assay results for the most westwardly drill hole completed to date at the CV5 Pegmatite - CV23-184 - demonstrates high-grades and wide widths persist in this direction, with mineralization remaining open. The Company intends to continue step-out drilling along strike of CV23-184 during the summer-fall drill program. Additionally, drill hole CV23-190, the final hole of the 2023 winter program, also completed over the western areas of CV5, returned strong grades over wide widths - 139.2 m at 1.26% Li2O, including 18.1 m at 2.02% Li2O and 36.2 m at 1.74% Li2O. This drill hole was completed in the opposite direction to the normal drill hole orientation at CV5 and demonstrates the near-surface bulbous nature of the pegmatite in this area, where it is interpreted to exceed 100 m true thickness. Assay results to date over the far eastern portions of CV5 have returned variable grades and widths of lithium mineralized pegmatite. These include 51.2 m at 0.59% Li2O, including 10.1 m at 0.87% Li2O and 9.3 m at 0.91% Li2O, and 27.5 m at 0.40% Li2O, including 3.2 m at 2.22% Li2O. However, results of drill hole CV23-165, as reported herein are very significant and demonstrate the common nature of lithium pegmatites, where high grades may be immediately proximal to low to moderate grades. Further, this drill hole returned six samples greater than 4% Li2O, and three samples greater than 5% Li2O, including an interval of 2.2 m at 5.02% Li2O. These grades are on par with those typically confined to the Nova Zone and outline the considerable potential in this eastward area. Drill hole CV23-165 was completed at the very eastern margins of the CV5 Pegmatite drilled to date and highlight the potential for wide widths at strong grade to continue in this direction, where the pegmatite remains open up-dip, down-dip, and along strike eastwardly/ Through the 2023 winter drill program, the CV5 Pegmatite has been traced continuously by drilling as a principally continuous spodumene-mineralized pegmatite body over a lateral distance of at least 3.7 km and remains open along strike at both ends and to depth along a large portion of its length. This marks a 1.5 km extension of the known mineralized pegmatite along strike since the end of 2022 , and 2.9 km since the end of 2021. For added perspective, this growth in strike length since the initial drill program in 2021 is presented in Figure 4. As previously announced, the Company is advancing towards an initial mineral resource estimate for the CV5 Pegmatite. All core sample assays have now been received from the lab with the drilling dataset undergoing final validation and geological model on the final revision. The next steps in the process include geostatistics on the validated database followed by creation of the block model and interpolation of the lithium and tantalum grades, resource classification, determination of an appropriate cut-off grade and pit parameters, and finally constraining the block model with a pit to determine the official mineral resource estimate numbers. At this time, the Company anticipates an announcement on the mineral resource estimate in a few weeks time.
EPOW

Hot Stocks

09:26 EDT Sunrise New Energy Materials passes ISO9001 international quality evaluation - Sunrise New Energy announced that Sunrise New Energy Materials has passed the ISO9001 international quality management on-site review and evaluation, and obtained the quality management system certification certificate recognized by the China National Accreditation Service for Conformity Assessment. The quality management system complies with the ISO9001:2015 standard, covering the design and manufacturing of graphite anode material for lithium-ion batteries. Moreover, the company has passed the review and evaluation of the quality management system requirements for automotive production parts and related service parts organized by IATF16949:2016 Automotive Quality Management System, and obtained the certificate, covering the design and manufacturing of graphite anode material for lithium-ion batteries.
NNDM...

Hot Stocks

09:24 EDT Nano Dimension increases special tender offer for Stratasys to $24.00 per share - Nano Dimension (NNDM) announced the following actions that highlight a clear path to maximizing value for Stratasys (SSYS) shareholders: "Nano Dimension has increased the offer price of its special tender offer from $20.05 to $24.00 per share in cash, less any required withholding taxes and without interest, to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys. The increased price represents a premium to all relevant Stratasys historical trading levels, including an 85% premium to the unaffected 60-day VWAP as of March 3rd, 2023. Nano's special tender offer is the most compelling offer for Stratasys shareholders and remains the only alternative available that provides certain, near-term cash value at a significant premium and provides the quickest path for Stratasys shareholders to realize value. The Expiration Date of the offer period remains unchanged at 5:00 p.m., New York Time, on July 24th, 2023. The successful completion of the special tender offer would increase Nano Dimension's beneficial ownership of Stratasys to between 46% and 51% of the outstanding ordinary shares, inclusive of the approximately 14.1% of Stratasys' outstanding ordinary shares that Nano Dimension currently owns. Tendering shares to NANO will deliver 220% more cash to Stratasys shareholders in the near-term than any currently available alternative, including the cash from a proposed 3D Systems, (DDD) deal, and preserves the ability to generate future value creation through strategic M&A opportunities. As the largest shareholder of Stratasys, Nano Dimension intends to support a review of strategic alternatives to further enhance shareholder value, including through industry consolidation, possibly through a negotiated combination with 3D Systems, following the successful completion of the special tender offer. Nano Dimension OPPOSES Stratasys' proposed combination with Desktop Metal (DM), which, as structured, is highly dilutive and greatly overvalues Desktop Metal's cash-burning business. Nano Dimension has nominated 7 highly qualified directors with extensive track records of value creation for election to the Stratasys Board of Directors at Stratasys' Annual General Meeting to be held on August 8th, 2023. They are nominated with the intention of replacing the majority of the Stratasys Board, which Nano believes has neglected its fiduciary duties to the detriment of Stratasys shareholders' interests. All of Nano's nominees have previously served as CEOs or in "C-suite" positions, through which they have created demonstrable increases in long-term shareholder value. Almost all of Nano's candidates have multiple decades of global business experience in technology, finance, M&A and operations in manufacturing and related sectors. The nominees include: Ze'ev Holtzman, who brings deep expertise in private equity, venture capital and investment banking. Mr. Holtzman founded a pioneering investment banking firm, a leading VC firm focused on early-stage innovation technology, as well as the premier database on high-tech, venture capital, startup, and private equity ecosystems. Zivi Nedivi, who has decades of international business leadership experience. He formerly served as CEO of several technology companies, including Cyalume Technologies Inc. and Kellstrom Industries, Inc., and formerly served as COO of Lumenis Ltd. Hanan Gino, who has prodigious experience as a CEO at international technology corporations, including Verint Security Systems and Kitov Systems as well as senior executive and head of all commercial divisions for over two decades at Orbotech Ltd. Tomer Pinchas, ex-manager at PricewaterhouseCoopers New York, who brings more than 18 years of global experience in finance, M&A and operations management and previously served as CFO of multiple technology companies, including Kryon Systems LTD, myThings Inc, and DVTEL. Nick Geddes, who co-founded the renowned industrial inkjet company Global Inkjet Systems, with leading R&D capabilities, inkjet products and services, and has been CEO and CTO for over 15 years with deep knowledge and experience leading and bringing together multi-disciplinary teams to partner with customers. Yael Sandler, who brings extensive experience in leading finance and operations roles for public and private companies, having formerly held various positions at KPMG while also being a Certified Public Accountant in Israel. Yoav Stern, who is a seasoned executive with a proven track record of leadership over three decades, having served as CEO and Chairman as well as an active hands-on investor in high-tech companies, specializing in machine vision, fiber optics, defense-tech, communication solutions, aerospace, and homeland security."
XVIPF

Hot Stocks

09:21 EDT XVIVO Perfusion enters collaboration with MTJ Aviation - A strategic collaboration agreement has been signed between XVIVO and MTJ Aviation. The agreement comes as a development following the decision to integrate STAR Teams under the XVIVO brand. Reliable transportation is becoming increasingly important for transplant centers following recent changes in organ allocation policy in the US. With escalating logistical complexity and associated costs, there is an unmet need for streamlined and effective operations. XVIVO addresses this challenge together with MTJ Aviation through the establishment of joint hubs of operations across the US East Coast and Midwest. Each hub will have a dedicated surgical team and light jet exclusively available for XVIVO's US operations. With the collaboration agreement in place, XVIVO's organ procurement service will guarantee predictable and reliable transportation for organ procurement by co-locating surgical personnel with dedicated aircrafts, a completely unique offer. Transplant clinics deciding to use XVIVO's service will reduce the complexity of their logistics and lower their transportation costs. At the same time, XVIVO will be able meet the increasing demand for their organ procurement service in a sustainable way. The first dedicated joint hub is currently operational in Winston-Salem, North Carolina, with two additional hubs expected to be operational during the second half of the year in St. Louis, Missouri and Tampa, Florida. The hubs have been strategically chosen to provide coverage for all present organ procurement customers. Future hubs will open as XVIVO's organ procurement service expands to new geographies.
NVEI

Hot Stocks

09:19 EDT inDrive selects Nuvei as payments partner in Latin America - Nuvei Corporation has been selected by inDrive as its payments provider for payouts to its drivers in Latin America. Nuvei is enabling inDrive to offer a comprehensive range of payout options, including payments to cards and all relevant alternative payment methods in the Latin America region through a single integration.
ATOS

Hot Stocks

09:18 EDT Atossa reports 170 patients enrolled in Phase 2 Karisma-Endoxifen trial - Atossa Therapeutics announced that 170 patients have been enrolled in the Company's ongoing Phase 2 Karisma-Endoxifen clinical trial. Atossa expects the study to fully enroll in the fourth quarter of 2023. The Karisma-Endoxifen trial is a randomized, double-blind, placebo-controlled efficacy study of oral (Z)-endoxifen in premenopausal women with measurable breast density. Participants receive daily doses of (Z)-endoxifen for six months, over the course of which mammograms are conducted to measure reduction in mammographic breast density. Participants will also have a mammogram at 24 months to assess the durability of the MBD changes.
TRC

Hot Stocks

09:16 EDT Tejon Ranch reappoints Michael Houston SVP, general counsel, corporate secretary - Tejon Ranch announced the reappointment of Michael Houston as Senior Vice President, General Counsel and Corporate Secretary. Houston previously held those positions at the Company for almost five years beginning in 2016. He left Tejon Ranch in 2021 to join the Southern California Association of Governments, where he served as Chief Counsel and Director of Legal Services. He will rejoin the Company on August 21, 2023.
IEP

Hot Stocks

09:12 EDT Carl Icahn enters new term loan agreements secured by Icahn Enterprises shares - In a regulatory filing, Icahn Enterprises disclosed: "On July 10, 2023, Carl Icahn and certain of his affiliates entered into a three-year term loan agreement with certain bank lenders, which amends and restates previous loan agreements with the lenders and consolidates all borrowings of Mr. Icahn. Neither Icahn Enterprises L.P. nor any of its subsidiaries is a party to the Loan Agreement or the previous loan agreements. The Loan Agreement extends the maturity of certain of the previous loans, amends certain covenants, charges interest at a variable rate, and provides for a principal payment of $500M on or before September 1, 2023, quarterly principal payments of $87.5M beginning in September 2024, and a final principal payment of $2.5B at the end of the term. The Loan Agreement permits prepayments of principal without penalty. The obligations under the Loan Agreement are secured by pledges of an aggregate of 320 million depositary units of IEP owned by Mr. Icahn and $2B of interests owned by Mr. Icahn in the private investment funds managed by IEP. IEP and Mr. Icahn and his family members and affiliates are the sole investors in the private investment funds. The terms of the Loan Agreement require that distributions paid upon, or proceeds from sales of, pledged depositary units be used to prepay the loans or be pledged as additional collateral. Pursuant to the terms of the Loan Agreement, a margin call may only be triggered in the event that the loan-to-value ratio set forth in the Loan Agreement is not maintained. Unlike the previous loan agreements, for purposes of the loan-to-value ratio set forth in the Loan Agreement, the value of the pledged depositary units will be calculated based upon IEP's indicative net asset value rather than the market price of the depositary units. As is customary with collateralized loan agreements, upon the occurrence of certain events of default, the lenders may exercise their rights with respect to the collateral."
ACST

Hot Stocks

09:10 EDT Acasti Pharma: WuXi Clinical to conduct STRIVE-ON Phase 3 trial for GTX-104 - Acasti Pharma announced WuXi Clinical Development, a wholly owned subsidiary of WuXi AppTec, will conduct Acasti's STRIVE-ON Phase 3 safety trial for GTX-104. GTX-104 is Acasti's novel, injectable nimodipine formulation for intravenous infusion that addresses high, unmet medical needs for a rare disease, aneurysmal subarachnoid hemorrhage. STRIVE-ON will evaluate GTX-104's comparable safety and tolerability profile relative to oral nimodipine in patients hospitalized with aSAH.
GDRX

Hot Stocks

09:10 EDT GoodRx appoints Dorothy Gemmell as Chief Commercial Officer, effective July 3 - GoodRx announced the appointment of Dorothy Gemmell as Chief Commercial Officer, effective July 3 . Gemmell will work closely with Aaron Crittenden, newly appointed Chief Revenue Officer, and together they will lead the company's Pharma Manufacturer Solutions business, which provides solutions for pharmaceutical and medical device companies.
BRLT

Hot Stocks

09:08 EDT Brilliant Earth announces opening of four new ground floor showrooms - Brilliant Earth Group announced the opening of four new ground floor showrooms. The Company continues to expand its retail footprint to bring customers more access to its physical retail shopping experience. These showrooms, located in Fairfax, VA, Miami, FL, Chicago, IL, and Walnut Creek, CA, bring Brilliant Earth's total showroom count to 34 locations across the country.
GVP

Hot Stocks

09:07 EDT GSE Systems announces contract worth up to $15M - GSE Solutions announced a contract worth up to $15M for procedure and training support for a leading nuclear power plant operator in the United States. GSE will be responsible for reviewing and updating all the procedures and training programs associated with a main control room modernization project for two of the operator's nuclear power plant reactors. GSE plans on ramping up staff this month for this contract and be fully staffed by the end of this year. Work is expected to be completed around the first quarter of 2025. Funds for this contract are dependent upon various deliverables and resources that are allocated to support each of the procedures and materials requested by the client.
TOON

Hot Stocks

09:07 EDT Kartoon Studios announces broad debut of 'Shaq's Garage' - Kartoon Studios announced the broad debut of "Shaq's Garage," starring and executive produced by the Shaquille O'Neal, across Kartoon Channel! platforms, following its exclusive premiere on Pluto TV throughout June. Shaq's Garage premiered the first 13 episodes of season one exclusively on Pluto TV, delivering more VOD viewers than all of Kartoon Channel!'s other titles combined, while increasing Kartoon Channel!'s weekly audience by over 50%. Additionally, the series captured the top 3 most viewed episode slots on Kartoon Channel! over the last 90 days. Beginning today, Shaq's Garage" is now available to Kartoon Channel! audiences across ALL major platforms, including Amazon Prime Video, Roku and The Roku Channel, Apple, Google, Android, Amazon Fire , LG, Samsung, Kartoonchannel.com, and more.
QLYS

Hot Stocks

09:06 EDT Qualys names Dino DiMarino as Chief Revenue Officer - Qualys announced Dino DiMarino has been appointed as Chief Revenue Officer. In this role, Dino will be responsible for leading the global sales and partner organizations along with all aspects of revenue performance focusing on delivering sustainable customer value and business outcomes. Dino brings over 20 years of experience leading go-to-market teams within cybersecurity and information technology companies. Most recently, he served as the CRO for Snyk, an industry leader in developer security, where he was responsible for all customer-facing go-to-market functions.
PDFS

Hot Stocks

09:06 EDT PDF Solutions announces acquisition of Lantern Machinery Analytics - PDF Solutions announced the acquisition of Lantern Machinery Analytics, a privately-held provider of automated image analysis and feature extraction AI/ML software for critical inspection and metrology steps at battery cell development and manufacturing processes for the electric vehicle industry. "We are pleased to welcome Lantern Machinery Analytics to the PDF Solutions team," said Dr. John Kibarian, President, CEO, and co-founder of PDF Solutions. "AI-powered vision inspection is the future of process control for electric vehicle battery cell manufacturing. The addition of Lantern Machinery Analytics to the PDF Solutions' technology portfolio highlights our continued commitment to deliver the highest level of tool and manufacturing intelligence to enable a growing base of customers, now more squarely within battery, to realize the benefits of Industry 4.0."
LPLA

Hot Stocks

09:05 EDT LPL Financial: 509 Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial LLC announced that financial advisor Jason Johnson, CRPC and the team at 509 Wealth Management have joined LPL Financial's broker-dealer, RIA and custodial platforms. He reported having served approximately $400 million in advisory, brokerage and retirement plan assets, and joins LPL from Ameriprise. With registered offices in Spokane and Kennewick, Wash., and Coeur d'Alene, Idaho, Johnson is a seasoned financial advisor who started his career in 1998 just out of college. He grew his practice organically over the years, cultivating meaningful client relationships with a heavy focus on retirement planning and wealth preservation strategies.
EBAY

Hot Stocks

09:05 EDT eBay announces new trading card submission service for the eBay vault - eBay announces a new trading card submission service for the eBay vault. Collectors, investors and professional sellers can now submit eligible graded cards valued at $250+ directly to eBay's state-of-the-art facility and digital marketplace. The new service expands eligibility for the eBay vault beyond cards directly purchased on the marketplace, and also covers graded autograph, relic, and patch cards. With eBay's new submission service, collectors can easily send an individual card - or their entire collection - to the eBay vault, for specialized long-term storage, expert third-party authentication, and streamlined transactions.
ALBT

Hot Stocks

09:05 EDT Avalon CEO believes 2023 will be 'pivotal year' in company's history - Avalon GloboCare provided the following letter to shareholders from the Company's President and CEO, David Jin" "We are excited to provide an update on our new commercial strategy focused on laboratory acquisitions and diagnostics. Avalon is dedicated to developing and delivering innovative, transformative, precision diagnostics and clinical laboratory services. Our evolving strategy involves acquiring ownership or license rights to precision diagnostic assets, genetic testing and clinical laboratory companies through joint ventures, share ownership structures or distribution rights. We intend to play a leading role in the innovation of diagnostic testing, utilizing proprietary technology to deliver precise, genetics-driven results. As a first major step into the laboratory market, we acquired a 40% interest in Laboratory Services, which closed in February 2023. LSM generated revenue of $14.7 million and net income of $6.3 million in 2022. In turn, we believe our profit-sharing arrangement with LSM will result in significant future cash flow to Avalon. Since the acquisition, LSM has executed on its growth plan and has expanded their service offering to customers seeking to utilize providers within their insurance network. In addition, they have continued to evaluate additional accretive acquisitions. Our goal is to take advantage of a unique roll-up opportunity within the highly fragmented market for laboratory testing and services. By targeting laboratories with strong financial track records and niche-market advantages, we believe we can effectively leverage LSM's experience and infrastructure to achieve significant synergies with respect to revenue growth and market share. Additionally, LSM is focused on commercialization of genetic-based proprietary testing. The first area of focus in this area is confirmatory genetic testing during toxicology screening and genetic testing to screen for addictive predisposition. LSM plans to focus on diagnostic testing utilizing proprietary technology to deliver precise genetic-driven results. During 2023, we also secured exclusive distribution rights and are making rapid progress towards commercialization of the KetoAir breathalyzer device and related accessories, including current and future models, in North America, South America, the U.K. and the European Union. KetoAir functions as a monitoring device for ketogenic dietary management and will initially target the diabetes reversal and weight management markets. KetoAir uses an AI nutritionist bundled with the nanosensor-based breathalyzer for ketogenic health management, which has been approved by the United States Food and Drug Administration. We had a successful pilot launch and exhibition of the KetoAir breathalyzer in this year's KetoCon conference in Austin, Texas which was held in April 2023. Currently, we are evaluating options for commercialization, including identifying distribution partners or distributing KetoAir ourselves. Regarding the R&D front, we are focused on bringing forward intellectual property through joint patent filings with the Massachusetts Institute of Technology. We completed a sponsored research and co-development project with MIT led by Professor Shuguang Zhang as Principal Investigator. Using the unique QTY code protein design platform, six water-soluble variant cytokine receptors have been successfully designed and tested to show binding affinity to the respective cytokines. We look forward to advancing the intellectual property associated with this program by continuing to prosecute our joint patent applications. We believe 2023 will be a pivotal year in the company's history as we laid the foundation over the past few years to accomplish major achievements and successes in the coming year."
GOVX

Hot Stocks

09:05 EDT GeoVax Labs presents Gedeptin clinical data at the AACR-AHNS - GeoVax Labs announced the presentation of Phase 1/2 clinical trial data for GeoVax's gene therapy candidate, Gedeptin at the American Association for Cancer Research, AACR, and the American Head and Neck Society, AHNS, joint Head and Neck Cancer Conference in Montreal, QC, Canada. The presentation, titled "Phase 1/ 2 study of Ad/PNP with fludarabine for the treatment of head neck squamous cell carcinoma", describes the evaluation of Gedeptin as an experimental therapy for refractory solid tumors. The ongoing Phase 1/2 trial is evaluating the safety and efficacy of repeat cycles of Gedeptin therapy in patients with recurrent head and neck squamous cell carcinoma, with tumor(s) accessible for injection and no curable treatment options. The poster presentation, highlighted the following data: 8 patients have been enrolled in the study to date. No dose limiting toxicities or serious adverse events are definitively attributable to treatment. Additionally, no adverse events above grade 3 severity have been reported. Up to 5 cycles of Gedeptin treatment have been administered without limiting sequelae. Intratumoral expression of the PNP transgene by RT-PCR has been established in treated tumors studied to date. Impairment of tumor growth in targeted lesions was seen in 5 of 7 patients; tumor response assessment in one patient remains under study.
AXDX

Hot Stocks

09:03 EDT Accelerate Diagnostics announces 1-for-10 reverse stock split - Accelerate Diagnostics announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-10. The reverse stock split will become effective at 5:00 p.m. Eastern Time, on July 11, 2023. The company's common stock will begin trading on a post-split basis at the market open on July 12, 2023, under the company's existing trading symbol "AXDX". The reverse stock split is part of the company's plan to regain compliance with the Minimum Bid Price Requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits.
FMS

Hot Stocks

09:03 EDT Fresenius Medical names Martin Fischer as CFO, succeeding Helen Giza - Fresenius Medical has appointed Martin Fischer as CFO as of October 1, 2023. He will succeed Helen Giza who was appointed as CEO and Chair of the Management Board in December 2022 and continues to serve as acting CFO, until her successor will join. Martin Fischer will be based in Bad Homburg, Germany and will assume responsibility for the Global Finance Organization of Fresenius Medical Care. Upon effectiveness of the company's proposed change of form from KGaA to German stock corporation, Martin Fischer will become a member of the Management Board of Fresenius Medical Care AG. Martin Fischer has been Head of Finance for Siemens Healthineers Diagnostics Division based in Tarrytown, NY, U.S. since 2019.
SISI

Hot Stocks

09:02 EDT Shineco subsidiary receives marketing approval from China's regulatory body - Shineco announced that on June 21, 2023, Changzhou Biowin Pharmaceutical, a majority-owned subsidiary of the Company, received marketing and distribution approval for its Cardiac 5-Minute Test from the Jiangsu Bureau of the National Medical Products Administration, NMPA, which is China's regulatory equivalent of the U.S. Food and Drug Administration (FDA). The effective date for the diagnostic medical product's registration with the NMPA is June 21, 2023, and it shall remain valid for five years through June 20, 2028. "We are very glad to have received marketing approval for our Cardiac 5-Minute Test from the NMPA. This is a significant milestone for our business, and we believe that the diagnostic test will achieve high acceptance in the Chinese market," said Dr. Marvin Liu, CEO of Biowin. "As the inventor of the technology for the Cardiac 5-Minute Test, we are pleased that its fast detection marks a significant technical breakthrough that sets our diagnostic medical product apart from other products on the market. It provides a new and highly valuable approach to conducting cardiac marker tests within 5 minutes, which we believe will save lives in China and throughout the world."
ELOX

Hot Stocks

09:01 EDT Eloxx Pharmaceuticals announces publication on its TURBO-ZM platform - Eloxx Pharmaceuticals announced that Cancer Research Communications has published "A Novel Class of Ribosome Modulating Agents Exploits Cancer Ribosome Heterogeneity to Selectively Target the CMS2 Subtype of Colorectal Cancer". "We are incredibly pleased with this publication, as it highlights the power of our TURBO-ZM platform to target the human ribosome to develop new potential therapeutics. Importantly, for the first time, we also demonstrate that MYC overexpressing cancers can be targeted by exploiting ribosome heterogeneity, as ZKN-157, a novel RMA, demonstrated activity against subtypes of colorectal cancer," said Vijay Modur MD, PhD, Head of R&D of Eloxx. "As MYC is dysregulated in approximately 70% of human cancers, this research provides opportunities to selectively target MYC-driven cancers with a novel mechanism and has potential for synergy with existing cancer therapies."
JUPW

Hot Stocks

08:57 EDT Jupiter Wellness executes asset purchase agreement with GBB Drink Lab - Jupiter Wellness executed an Asset Purchase Agreement with GBB Drink Lab. As per the Agreement, all operating assets related to GBB Drink Lab, including the Safety Shot beverage, will belong to Jupiter Wellness. Safety Shot creates a new product category for rapid alcohol detoxification in the fast-growing hangover remedy market. Safety Shot is protected by a number of issued and pending patents covering composition of matter and methods of use. The company said, "Created by a doctor and validated by research, Safety Shot helps your body break down alcohol faster while aiding in recovery and rehydration. The product is formulated with scientifically proven ingredients that stop your body from absorbing alcohol into your blood, reducing your Blood Alcohol Content and getting you out of an intoxicated state." The Safety Shot business segment alone is forecasted to produce approximately $25M in revenues and $4M in net income by first quarter of 2024 for Jupiter Wellness with accelerated top and bottom-line contributions thereafter. Jupiter Wellness believes that it is well-funded and has the capability to take the purchased patents and provisional patents from the Company and bring them to market. Jupiter will deploy a multi-channel strategy designed to dominate e-commerce and quickly win retail shelf space.
HILS

Hot Stocks

08:52 EDT Hillstream BioPharma appoints Sireesh Appajosyula as COO - The Company announced the appointment of Sireesh Appajosyula, Pharm.D.as as COO. Previously, he spent eight years at Salix Pharmaceuticals, Inc. in various roles including medical & clinical affairs, product commercialization and business development culminating in Salix's acquisition for $16 billion by Bausch Health.
DBI

Hot Stocks

08:51 EDT Designer Brands reports preliminary results of 'modified Dutch auction' - Designer Brands announced preliminary results of its "modified Dutch auction" tender offer which expired at 12:00 Midnight, ET, at the end of the day on July 7, 2023. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 1,470,832 shares of the company's Class A Common Shares, without par value, were properly tendered and not properly withdrawn at or below a purchase price of $10.00 per Share, including 1,309 Shares that were tendered by notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, the company expects to purchase all 1,470,832 Shares through the tender offer at a price of $10.00 per Share, for an aggregate cost of approximately $14,708,320, excluding fees and expenses relating to the tender offer. As the company expects to accept for purchase all of the Shares which were properly tendered and not properly withdrawn at a price at or below $10.00 there is no proration factor. The total of 1,470,832 Shares that the company expects to purchase represents approximately 2.5% of the total number of Shares outstanding, or 2.2% of the total number of Shares outstanding assuming the conversion of all shares of the company's Class B Common Shares into Shares, as of July 6, 2023.
HILS

Hot Stocks

08:51 EDT Hillstream BioPharma announces strategic reprioritization of pipeline - Hillstream BioPharma announced a strategic reprioritization of its pipeline and provided a corporate update. The strategic assessment took into account, the pipeline's near-term value creation opportunity and other factors. Hillstream will focus its pipeline on advancing novel oncology assets with the greatest potential and strong competitive profiles to address unmet needs across multiple solid tumors, such as bispecific antibodies and ADCs targeting novel conformational epitopes on high value validated targets, HER2 and HER3, with a more potent Bystander Effect. Bispecific antibodies refer to a diverse group of molecules that recognize distinct epitopes on two different antigens, such as HER2 and HER3. These validated targets have been extensively studied and belong to the ERBB receptor tyrosine kinase family and are exploited by cancer cells to promote tumorigenesis and metastasis. HER2, an extensively studied and validated target, has multiple approved therapeutics for solid tumors. Meanwhile, emerging evidence suggests that HER3 plays a central role through interacting with neighboring receptors. While HER3 has little to no tyrosine kinase activity on its own, its activation to promote tumors depends on heterodimerization or locking into place with HER2 and EGFR, which is believed to unlock its cancer-causing potential. Hillstream's lead asset, HSB-3215 is designed as a bispecific humanized immunoglobulin containing two arms targeting the extracellular domains of HER2 and HER3. HSB-3215 binds to both overlapping and different epitopes on HER2 when compared to trastuzumab, the first approved antibody against HER2, while adhering to novel epitopes on HER3, thus creating novel conformational epitopes. The Company intends to develop this novel BsAb and file an IND application with the US FDA late next year. By exploiting the "Bystander Effect", a key aspect of ADCs which has been recently highlighted by the improved clinical efficacy of Daiichi Sankyo/AstraZeneca's ENHERTU, the Company plans to optimize its BsAb pipeline with BiSpecific ADCs, i.e. BiSpecific antibodies conjugated with novel toxin payloads which are optimized to generate a more powerful Bystander Effect. ADCs are comprised of a targeting antibody chemically conjugated via a proprietary linker to a powerful, cancer-killing compound/toxin. With a BsAb backbone utilizing HSB-3215, the Company intends to develop novel ADCs, targeting HER2/HER3 and better direct a payload to cancer cells overexpressing these receptors, while healthy cells don't take up the unwanted compound. Hillstream also intends to further enhance its previously announced collaborations with Applied Biomedical Science Institute and Minotaur to develop novel bovine-derived biologics in multiple formats against highly validated targets, including PD-1, HER2 and TROP-2, referred to as PicoKnobs. An update regarding these collaborations will be announced during an R&D Day in the third quarter.
MXCT

Hot Stocks

08:49 EDT MaxCyte, Vittoria Biotherapeutics sign strategic platform license - MaxCyte and Vittoria Biotherapeutics announced the signing of a strategic platform license of MaxCyte's Flow Electroporation technology and ExPERT platform to Vittoria Biotherapeutics. Under the terms of the agreement, Vittoria will obtain non-exclusive clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte is entitled to receive platform licensing fees and program-related revenue. Vittoria's technology and clinical programs are designed to address current gaps with contemporary cell therapies and the Company is planning to file an investigational new drug application for their lead program, Viper 101, later this year. Viper 101 is a gene-edited, autologous, dual-population cell therapy developed from Vittoria's proprietary Senza5 platform that addresses significant unmet therapeutic need for the treatment of T-cell lymphoma. Vittoria's patent-protected Senza5 platform technology is designed to improve the viability, efficacy, and safety of CAR-T treatments by modulating a novel checkpoint pathway in engineered T-cells. Senza CAR-T cells have demonstrated superior anti-tumor efficacy in both liquid and solid tumor preclinical models and utilize a proprietary five-day manufacturing process.
VUZI

Hot Stocks

08:46 EDT Vuzix receives OEM purchase order for engineering services from U.S. company - Vuzix is pleased to announce the receipt of an OEM purchase order for engineering services and waveguide and display engine products from a U.S.-based company that is a leading provider of sophisticated digital imaging products for aerospace and defense, and instrumentation solutions across multiple commercial and industrial systems. This order, which represents the first Vuzix has received thus far from this company, is for waveguides and optical engines that are intended to be designed into a customized head mounted display solution for multi-discipline applications.
PBIO

Hot Stocks

08:43 EDT Pressure BioSciences enters distribution agreement with Creme de Canna - Pressure BioSciences and Creme de Canna announced their commercial agreement for the supply and distribution of PBIO's UltraShear-processed nanoemulsified CBD in a hemp-derived, best-in-class, super-fast acting, highly bioavailable, all natural, preservative-free, and highly potent Nano-CBD Topical Spray.
SBET

Hot Stocks

08:42 EDT SharpLink Gaming announces changes to Footballguys collaboration - SharpLink Gaming announced changes to its collaboration with Footballguys, providing for a much broader offering of fun, engaging, high stakes fantasy football championships for the companies' combined audiences of sports fantasy fans. On June 7, 2023, SharpLink announced the formation of a strategic partnership with Footballguys and their plans to produce and market a new 17-week Footballguys Championship contest with an entry fee of $350 featuring 12 teams per league with a 20 round online draft. The companies have elected to forgo that contest in favor of offering two different high stakes contests. Anyone who previously signed up for a future Footballguys Championship team and who has already drafted in a league will be offered the choice to request a full and immediate refund, or transfer their entry fees into either or both of the following sports fantasy games: The newly branded Footballguys Best Ball Championship, formerly known as the NFFC Best Ball Championship, has been owned and hosted by SharpLink's SportsHub fantasy sports division for the past two decades. Rhe entry fee is $150 per player and the contest will feature a $30,000 grand prize and over $350,000 in other cash prizes paid out to the top three leagues and top 20 players finishing overall AND/OR SharpLink's Rotowire Online Championship has been a fantasy football fan favorite contest for the past 14 consecutive years. The entry fee is $350 and the grand prize will be $250,000 with the next top 45 players taking home between $300 and $50,000, depending on where they finish on the leaderboard.
HLGN

Hot Stocks

08:42 EDT Heliogen Appoints Sagar Kurada CFO, Head of Strategy - Heliogen announced the appointment of Sagar Kurada as Chief Financial Officer and Head of Strategy, effective immediately. Mr. Kurada succeeds Kelly Rosser, who has served as interim CFO since February 2023. Ms. Rosser will continue in her role as Chief Accounting Officer.
ISSC HON

Hot Stocks

08:40 EDT Innovative Solutions buys several Honeywell Product lines, sees 2024 accretion - Innovative Solutions & Support (ISSC) announced that it has entered into an exclusive license and acquired key assets for certain Inertial, Communication and Navigation product lines from Honeywell International (HON). Shahram Askarpour, Chief Executive Officer, said, "We are pleased to announce the exclusive licensing of these product lines from Honeywell Aerospace. This is a unique opportunity that enhances our current offerings in the Air Transport, Military and Business Aviation markets...Under the asset purchase and license agreement, IS&S will license the exclusive Intellectual Property rights to manufacture, upgrade and repair certain Honeywell Inertial, Communication and Navigation products. The purchased assets include existing inventory as well as test, tooling and other equipment required to manufacture, repair, and upgrade the products. Mike Linacre, Chief Financial Officer, added, "These product lines have attractive margin profile characteristics that are an essential element of our strategy. Consequently, once they've been integrated into our operations, we expect the transaction to materially contribute to our revenues and EBITDA. We also expect the resulting EPS to be accretive in fiscal 2024, with the potential for additional net income increases in future years from various synergies. Coincident with this acquisition, IS&S has secured bank facilities to maintain ample liquidity for ongoing operations and potential future acquisitions. These facilities and cash on hand were used to fund the total purchase price for the transaction."
SF

Hot Stocks

08:38 EDT Eaton Partners serves as exclusive placement agent to Formentera Partners - Eaton Partners served as the exclusive placement agent for Formentera Partners and its Formentera Partners Fund II. Formentera is a leading energy-focused private equity firm that acquires and optimizes onshore producing oil and gas assets and strategically develops assets under management. Fund II closed oversubscribed in less than a year of fundraising with $828.5 million in capital commitments, exceeding its $600 million target with support from a diverse group of new and existing investors, including pension plans, asset managers, insurance companies, endowments, registered investment advisors, and family offices.
BCAN

Hot Stocks

08:37 EDT BYND Cannasoft announces completion of laboratory testing phase for EZ-G - BYND Cannasoft Enterprises announced the successful completion of the laboratory testing phase aimed at optimizing the various sensors in its innovative EZ-G device. The EZ-G device, a therapeutic solution utilizing AI and machine learning, has shown promise in releasing low concentrations of CBD oils, including hemp seed oil and other natural oils, to potentially address specific women's health issues. Throughout the laboratory testing phase, the Company conducted comprehensive experiments as part of the prototype development of the EZ-G device. The focus was on assessing the functionality and performance of the assembled sensors within the device, capable of detecting indicators such as temperature, heart rate, contractions, and fluids. "We are thrilled with the successful completion of the laboratory testing phase for the EZ-G device," said Yftah Ben Yaackov, CEO and Director of BYND Cannasoft. "This accomplishment validates our dedication to harnessing advanced technology to improve women's health. We are excited to move forward with human trials, as we believe the EZ-G device has the potential to revolutionize therapeutic approaches for women's health issues."
KPLT

Hot Stocks

08:37 EDT Katapult reports over 20 merchants on Katapult app featuring Katapult Pay - Katapult Holdings has over 20 total merchants on the Katapult mobile app featuring Katapult Pay, including Home Depot, Amazon, Wayfair, BestBuy, Nectar, HP, Ikea, and Lull. The growing list of merchants demonstrates the momentum of the mobile app, launched just last year, a testament to the benefits achieved by merchants and consumers alike.
OMQS

Hot Stocks

08:36 EDT Omniq enters definitive agreement to acquire Tadiran Telecom - OMNIQ announced that it has signed a definitive agreement to acquire Tadiran Telecom, an international provider of Advanced Unified Communications and Collaboration, UC&C, Solutions enhancing its software. Shai Lustgarten, the CEO of omniQ, commented: "With the addition of Tadiran, we will possess a comprehensive proprietary communication solution that enables us to better serve our customers. Our platform technology utilizes 3 steps, we Sense, Identify and Act. With the addition of Tadiran, we can now add audio, cellular and WIFI signals to our current sensors which today include camera's, scanners, RFID and Bluetooth technologies allowing us to analyze the digital data in greater detail and at faster speeds. This significantly enhances our ability to manage events and mitigate risks at all levels. The new smart automation is a unique solution into our supply chain, traffic management, retail and hospitality customers, allowing us to provide superior service with more accurate and faster sensing, identification and action. As omniQ continues to drive automation for our customers, this acquisition not only allows us to meet the existing organizational communication needs of our current customers but also enables us to create automation through real-time AI communication sensing. This is important as it provides us the capability to identify and respond faster and with greater accuracy. By leveraging the sensing and digitization of communication data and identifying trends at the communication AI level, we can take prompt and precise actions. This capability is crucial in our commitment to delivering predictive and proactive actions."
HCA

Hot Stocks

08:35 EDT HCA Healthcare announces data security incident - HCA Healthcare recently discovered that a list of certain information with respect to some of its patients was made available by an unknown and unauthorized party on an online forum. The list includes: patient name, city, state, and zip code; patient email, telephone number, date of birth, gender; and patient service date, location and next appointment date. HCA Healthcare has confirmed that the list contains information used for email messages, such as reminders that patients may wish to schedule an appointment and education on healthcare programs and services. The list does not include: clinical information, such as treatment, diagnosis, or condition; Payment information, such as credit card or account numbers; sensitive information, such as passwords, driver's license or social security numbers. This appears to be a theft from an external storage location exclusively used to automate the formatting of email messages. There has been no disruption to the care and services HCA Healthcare provides to patients and communities. This incident has not caused any disruption to the day-to-day operations of HCA Healthcare. Based on the information known at this time, the company does not believe the incident will materially impact its business, operations or financial results. HCA Healthcare reported this event to law enforcement and retained third-party forensic and threat intelligence advisors.The company has not identified evidence of any malicious activity on HCA Healthcare networks or systems related to this incident. The company disabled user access to the storage location as an immediate containment measure and plans to contact any impacted patients to provide additional information and support, in accordance with its legal and regulatory obligations, and will offer credit monitoring and identity protection services, where appropriate.
MOBQ

Hot Stocks

08:35 EDT Mobiquity Technologies announces results of political campaigns with ElecTech - Mobiquity Technologies announced the results of its political campaigns utilizing ElecTech. Each candidate supported by Mobiquity's proprietary AI platform won their respective races and are poised to move on. Mobiquity recently deployed ElecTech's proprietary AI election technology in the following elections which concluded with victorious candidates: A state Supreme Court election in Pennsylvania, where the campaign effectively leveraged Connected TV for voter targeting. A City Council election for Kansas City's Northland, utilizing advanced electoral analytics. A state Senate General Election in Virginia, where comprehensive electoral data models were used for campaign planning and execution. Dean Julia, CEO of Mobiquity Technologies, said, "Our goal is to demonstrate the impact of advanced AI technology and sophisticated predictive algorithms in the electoral domain. We are working with exceptional candidates who have exceptional qualifications, so while we cannot claim sole credit, ElecTech remains unbeaten in this small, yet significant sample set thus far."
NXL

Hot Stocks

08:34 EDT Nexalin Technology to present data from study on deep-brain stimulation device - Nexalin Technology announced that Company's abstract, titled: "MEG Source Imaging Reveals Neuronal Changes in Combat-Related Mild Traumatic Brain Injury after Transcranial Electrical Stimulation using Nexalin," has been accepted for a poster presentation at the upcoming 2023 Military Health System Research Symposium being held on August 14-17, 2023 at the Gaylord Palms Resort and Convention Center, Kissimmee, Florida, USA. The abstract was accepted under the breakout session: Mental Health and Traumatic Brain Injury. The poster for this breakout session will be presented in Poster Session 2 on Tuesday, August 15, 2023. The poster will be available on the MHSRS website after the meeting. Mild traumatic brain injury is a leading cause of sustained physical, cognitive, emotional, and behavioral deficits in veterans and the general public. According to Global Market Insights, the Traumatic Brain Injuries Assessment Market size was valued at approximately $3.3B in 2022 and is projected to reach over $7.2B in 2032. The abstract describes the study using Magnetoencephalography to assess the neuronal changes in veterans with combat-related mTBI after treatment delivered by Nexalin's non-invasive, frequency-based, deep-brain stimulation device. The reduction of hyperactivity of delta- and gamma-band activities in mTBI suggests the Nexalin treatment can reduce deafferentation and GABA-ergic inhibitory interneuron dysfunctions in chronic mTBI. Moreover, none of the veterans reported adverse effects. The data supports the Company's strategy to offer military and civilian physicians a new tool to effectively treat mTBI without the use of medication, and without side effects or adverse events. A prior clinical study of adult patients with chronic insomnia, evaluating Nexalin's non-invasive, frequency-based deep-brain stimulation device, was performed in the Laboratory of Neuromodulation, Department of Neurology, Xuanwu Hospital of Capital Medical University, Beijing, China, which demonstrated statistically significant improvements among patients. According to an article in Science Direct, sleep disturbance is common following traumatic brain injury, affecting 30-70% of individuals, many occurring after mild injuries. The 8-week randomized, double-blind, parallel-group, sham-controlled study evaluated 62 patients. The results demonstrated that, compared with the sham group, the active group using Nexalin's non-invasive, frequency-based deep-brain stimulation device had higher response rates based on the Pittsburgh Sleep Quality Index score changes from baseline to the end of the 4-week intervention and to the 4-week follow-up, and a higher remission rate at the end of the 4-week intervention. During the 8-week period, the patients who received the active intervention using Nexalin's device had lower insomnia severity, shortened sleep onset latency (SOL), elevated total sleep time, improved sleep efficiency, and increased sleep quality. No adverse events or serious adverse responses occurred during the study.
SP

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08:33 EDT SP Plus awarded five-year contract extension at McCormick Place - SP+ Corporation announced a five-year contract extension with its long-term parking client McCormick Place, in Chicago, Illinois. "We greatly value the relationship we have with MPEA, and the role SP+ has in providing our hospitality and event management services to the McCormick Place campus as it has evolved over the years," said James F. Buczek, Chief Operations Officer, Commercial Division, SP+ Corporation. "We are excited about the opportunity to contribute to additional service and technology enhancements in the coming years."
TSM

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08:33 EDT TSMC reports June sales NT$156.4B, down 11.1% from last year - TSMC "announced its net revenue for June 2023: On a consolidated basis, revenue for June 2023 was approximately NT$156.40 billion, a decrease of 11.4 percent from May 2023 and a decrease of 11.1 percent from June 2022. Revenue for January through June 2023 totaled NT$989.47 billion, a decrease of 3.5 percent compared to the same period in 2022."
CMC CSTM

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08:32 EDT Commercial Metals CEO Barbara Smith to retire, Peter Matt to succeed - The Board of Directors of Commercial Metals Company (CMC) announced that Barbara Smith, the company's CEO and Chairman, has chosen to retire as CEO and has been appointed Executive Chairman of the Board, effective September 1, 2023. The board unanimously voted to appoint Peter Matt, the company's President, to the role of CEO and President of the company effective September 1, 2023. Matt will also continue as a member of the company's Board of Directors, which he joined in June 2020. Prior to serving as the company's President, Matt served from January 2017 to April 2023 as Executive Vice President and CFO of Constellium (CSTM), a global aluminum fabrication company
TGL

Hot Stocks

08:32 EDT Treasure Global announces MOU with the MRCA for TAZTE - Treasure Global announced that it has signed a Memorandum of Understanding, MOU, collaboration agreement with the Malaysia Retail Chain Association, MRCA, for TAZTE to become its exclusive partner as the recommended digital F&B management solution to its members in Malaysia. Sam Teo, Chief Executive Officer of TGL, commented, "We believe that TAZTE will revolutionize the F&B industry, and our partnership with MRCA is pivotal in expanding the adoption of TAZTE across Malaysia to its significant member base. TGL is proud to collaborate with the MRCA and help its merchants to automate and improve their F&B management systems in an industry which currently faces many inefficiencies. TGL continues to roll out TAZTE to F&B merchants in Malaysia, and we look forward to further expanding TAZTE's brand exposure and reach in Southeast Asia in the coming months."
INFI MEIP

Hot Stocks

08:31 EDT Infinity Pharmaceuticals provides additional information on MARIO-8 study design - Infinity Pharmaceuticals (INFI) announced further design features of its Phase 2 MARIO-8 study in SCCHN. The adaptive design of the MARIO-8 study is intended to optimize the dose of the oral drug candidate, eganelisib, in combination with the standard dose of pembrolizumab, in 40-70 patients in Part A of the study. The dose optimization phase of the study will evaluate two dose regimens of eganelisib; a 30mg regimen, dosed daily for two out of every three weeks, and a 20mg regimen, with continuous daily dosing. The company has received FDA feedback and, pending final FDA review and subject to the successful close of the company's proposed merger with MEI Pharma (MEIP), preliminary safety and efficacy data to inform the dose selection are expected in the second half of 2024. The selected eganelisib dose, in combination with pembrolizumab, will be further evaluated in Part B of the study in approximately 100 additional patients, with the primary endpoint of overall survival and secondary endpoints of progression free survival and safety.
MOGO

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08:30 EDT Mogo announces Coinsquare closes combination with WonderFi , CoinSmart - Mogo announced that Coinsquare, in which Mogo had a 34% ownership stake, WonderFi Technologies and CoinSmart, have closed their previously announced business combination transaction. This transaction positions the resulting entity, WonderFi, and its registered operating subsidiaries, as one of the largest regulated crypto investing ecosystems in Canada offering Canadians a wide range of diversified products and services, including both retail and institutional crypto trading, staking products, B2B crypto payment processing and digital asset custody, and will also soon include sports betting and gaming. The combined company has transacted over $17B since 2017 and has more than $600M in assets under custody, with a registered user base in excess of 1.6M Canadians. Mogo is the largest shareholder of the combined company owning approximately 14%.
IPAR

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08:29 EDT Inter Parfums enters worldwide fragrance license deal for Roberto Cavalli brand - Inter Parfums announced that it has entered into an exclusive worldwide fragrance license for the Roberto Cavalli brand, effective July 6. Based in Florence, Interparfums Italia, the Company's wholly owned subsidiary, will manage the Cavalli fragrance business, in keeping with the Company's strategy to develop an Italian brand hub. Established in 1970, Roberto Cavalli is a globally recognized Italian luxury lifestyle brand incorporating apparel for women, men and children, fashion accessories, home collections, and fragrances. Roberto Cavalli fragrances debuted in 2002 introducing the first of a series of successful initiatives under the Roberto Cavalli and Just Cavalli brands.
ONDS

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08:23 EDT Ondas Networks enters investment agreement with group led by Charles & Potomac - Ondas Holdings wholly-owned subsidiary Ondas Networks has entered into an investment agreement with a private investor group led by Charles & Potomac Capital for an investment of at least $15M in convertible preferred securities of Ondas Networks. The planned investment provides Ondas Networks with additional working capital to accelerate production, fulfill backlog and support its growth plan. Pursuant to the investment agreement, the C&P Group will fund an initial close of $10M, subject to certain closing conditions. A second close of up to an additional $10M planned in the third quarter may be taken up by a strategic investor. The C&P Group has committed to fund up to $5M in the second closing, if the strategic investor does not participate. These convertible preferred securities are convertible into shares of common stock of Ondas Networks, and will not convert into shares of common stock of Ondas Holdings. Ondas Holdings will also issue warrants to purchase an aggregate of 10.2M shares of common stock of Ondas Holdings - in two equal issuances at the first and second closings.
ESKYF SKE

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08:21 EDT Eskay Mining sells five mining claims to Skeena Resources for $4M - Eskay Mining (ESKYF) has sold 5 mining claims in the Golden Triangle area of BC to Skeena Resources (SKE) in consideration for aggregate cash payments of $4M. The initial consideration of $2M was paid to Eskay on closing, a further $1M is payable on October 31, 2023 and the final $1M payment is payable on December 31, 2023. Eskay retains a 2% net smelter returns royalty in the Claims. Skeena can purchase 50% of the Royalty at any time for $2M. In addition, Eskay will not be required to pay any road use fees to Skeena for its use of the Eskay Creek Road for the five year period ending December 31, 2027, provided that its road use those years is consistent with its road use in 2022. Four of the Claims are north and west of the Skeena Eskay Creek Project and one of the Claims is adjacent to the west side of the Skeena Eskay Creek Project.cThe Company also anniybces the Eskay exploration team has been mobilized to the camp and is preparing for the 2023 exploration and drilling season at the Company's Consolidated Eskay Project, Golden Triangle, BC.
AYTU

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08:19 EDT Aytu BioPharma submits Cotempla XR-ODT PAS to FDA - Aytu BioPharma has submitted the Cotempla XR-ODT Prior Approval Supplement to the U.S. Food & Drug Administration. If approved, the PAS would enable Aytu to transfer the production of Cotempla to the Company's third-party manufacturer. The Company expects a six-month review of the PAS submission, which would enable FDA approval by late calendar 2023 or early calendar 2024. The Company previously announced the FDA approval of the Adzenys XR-ODT site transfer PAS and has begun shifting Adzenys production to the Company's contract manufacturer.
PBLA

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08:17 EDT Panbela: DSMB recommends Phase III ASPIRE trial continue without modification - Panbela Therapeutics announces that the independent Data Safety Monitoring Board of the Phase III ASPIRE clinical trial for patients with untreated metastatic pancreatic ductal adenocarcinoma has completed its pre-specified review of safety data for treated patients in the trial. The DSMB has recommended that the study continue without modification. The ASPIRE Trial is a global randomized, double-blind placebo-controlled clinical trial to evaluate ivospemin in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma
BKYI

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08:16 EDT BIO-key customers in Florida, Illinois migrate to cloud with PortalGuard IDaaS - BIO-key International announced that existing customers West Aurora School District 129 in Aurora, IL and Gulf Coast State College in Panama City, FL are migrating to BIO-key's PortalGuard IDaaS cloud-based identity management solution, a significant step in modernizing their IAM capabilities. By adopting IDaaS, West Aurora and Gulf Coast can centralize and streamline their identity management processes while taking advantage of cloud scalability, flexibility, and security while providing an enhanced user experience - all with improved administrative capabilities. "We are thrilled to support our customers' migration to the PortalGuard IDaaS platform," said Mark Cochran, President of BIO-key - PortalGuard. "Our growing base of education customer migrations to IDaaS underscore BIO-key's commitment to providing secure, and seamless access to educational resources for all students, faculty, and staff. By modernizing our customers' IAM capabilities we help then ensure \ a safe and productive digital learning environment."
XMTR

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08:16 EDT Xometry expands AI-powered Xometry Instant Quoting Engine - Xometry announced the continued expansion of its AI-powered Xometry Instant Quoting Engine to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes. The enhanced features allow buyers to instantly get pricing and lead times on CNC, sheet metal and sheet-cut parts with standard inserts while also analyzing multi-party assemblies, further accelerating Xometry's assembly production work. The expanded feature set:Allows buyers to auto-quote CNC, sheet metal and sheet-cut parts with standard inserts; Enables buyers to isolate and specify individual parts on multi-part files or assemblies; And delivers expanded sheet-cutting options to include a wider array of metal, composite and rubber materials. Xometry's sheet-cutting service can cut a variety of materials using the latest laser and waterjet-cutting technologies.
SLDP...

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08:15 EDT Solid Power appoints two new directors to the board - Solid Power (SLDP) announced two new appointments to its board of directors: Kaled Awada, a C-level leader in global human resource management, and Susan Kreh, a C-level executive with more than 35 years of finance and information technology leadership. The two joined Solid Power's board of directors effective July 5, 2023. Most recently, Awada served as Executive Vice President and Chief Human Resources Officer for Tenneco (TEN). Kreh currently serves as Chief Financial Officer and Chief Information Officer for Oil-Dri Corporation of America (ODC). Awada and Kreh will serve as independent directors. In addition, Awada will serve as a member of the board's human resources and compensation committee and Kreh will serve as a member of the board's audit committee. In conjunction with the addition of Awada and Kreh, Solid Power expanded its board size to eleven members.
BIVI

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08:14 EDT BioVie to present data on NE3107 in DNA methylation of specific genes - BioVie announced that a poster detailing the genetic basis for how its drug candidate NE3107 regulated specific genes in a manner significantly correlated with observed cognitive and biomarker improvements will be presented this weekend at the Alzheimer's Associate's International Conference to be held in Amsterdam July 16-20, 2023. In a poster presentation titled Treatment-Induced Epigenetic Modifications in MCI and Probable Alzheimer's, presenters will show how patients with clinical dementia treated with NE3107 for 3 months saw significant reductions in the level of DNA methylation, and that such reductions were significantly correlated with observed improvements in various cognitive measures and biomarkers. Inflammation has been shown to be associated with the hypermethylation of our DNA, which in turn has been shown to impact a wide range of diseases, including various forms of cancers, age-related cognitive impairment and dementia, Parkinson's disease, cardiovascular disease, COPD and respiratory disease, chronic kidney disease, inflammatory bowel disease, sepsis, and many others. The new data to be presented details how NE3107 may potentially change or affect the degree of methylation of specific genes that are correlated with various markers of disease.
IZEA

Hot Stocks

08:12 EDT Izea regains compliance with Nasdaq bid price rule - IZEA Worldwide received formal notification from The Nasdaq Stock Market on July 6, 2023 that the Company has regained compliance with Listing Rule 5550, which requires the Company's common stock to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days. Nasdaq had previously notified the Company of its non-compliance with Listing Rule 5550 on July 6, 2022. In accordance with its Listing Rules, Nasdaq afforded the Company 180 calendar days to regain compliance and on January 5, 2023 granted the Company an additional 180 days for compliance, through July 3, 2023. Prior to the expiration of the compliance period, the Company successfully regained compliance with the listing standard by effecting a reverse stock split.
HLI

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08:12 EDT Houlihan Lokey acquire 7 Mile Advisors or 7MA , no terms - Houlihan Lokey has agreed to acquire 7 Mile Advisors 7MA an independent advisory firm that provides a range of investment banking services to clients across the IT services sector. The transaction, signed July 7, further enhances Houlihan Lokey's deep industry expertise in IT services and expands the firm's geographic footprint. The deal is expected to be completed this quarter following regulatory approval.
BDRX

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08:11 EDT Biodexa Pharmaceuticals completes enrollment in Phase 1 study of MTX-110 - Biodexa, a wholly owned subsidiary of Biodexa Pharmaceuticals, announces completion of enrolment and treatment of nine paediatric patients into the ongoing investigator-sponsored Phase I study of MTX-110 in newly diagnosed DMGs. All of the patients were enrolled at the Columbia University Irving Medical Centre and received radiation therapy as per the institution's standard of care. Each patient subsequently underwent surgery with implantation of an intratumoral catheter and a programmable subcutaneous pump and 8 out of 9 have received two infusions of MTX110 via convection-enhanced delivery separated by a period of 1 week. Concentrations of 30, 60 or 90 microM were delivered with no intra-patient dose escalation. No dose limiting toxicities related to the study drug have been reported in the study. Full study results are expected to be made public around the 1st quarter of 2024.
QRHC RBT

Hot Stocks

08:11 EDT Quest Resource appoints Perry Moss as SVP, sales - Quest Resource Holding Corporation (QRHC) appointed Perry Moss as Senior Vice President of Sales. At Quest, Moss will be responsible for driving and maximizing revenue growth and overseeing sales strategies. Most recently, Moss was Co-Founder and Chief Advisor to Rubicon Technologies (RBT).
URGN

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08:10 EDT UroGen Pharma: JELMYTO effective in patient management with tumor burden - UroGen Pharma highlights the results of a sub-analysis from the first post-commercial utilization review of JELMYTO, mitomycin for pyelocalyceal solution. This study assessed the efficacy of JELMYTO in managing patients with larger volume disease where initial tumor burden may not be amenable to complete mechanical ablation or renal preservation. Findings from the study titled, The Ablative Effect of Mitomycin Reverse Thermal Gel: Expanding the Role for Nephron Preservation Therapy in Low Grade Upper Tract Urothelial Carcinoma, are published in Urologic Oncology: Seminars and Original Investigations online. The goal of this study was to explore alternatives to nephroureterectomy for patients with higher-volume low-grade disease to preserve kidney function and minimize complications... The primary outcome of this study was RDF rate at first post-JELMYTO URS, defined as complete response or partial response with minimal mechanical ablation to endoscopically clear the upper tract of visible disease. While acknowledging the limitations of the study, such as its retrospective design, variability in patient management and institution recordkeeping, lack of follow-up and small number of recurrences, the researchers also noted that additional research is required to better quantify the chemoablative impact and determine the relevant clinical factors for patient selection. To address some of these areas, investigators are currently enrolling patients in the prospective and retrospective uTRACT Registry, which aims to capture data in a large-scale, standardized manner and provide more comprehensive insights into patient outcomes following JELMYTO treatment, including long-term follow-up.
CURLF

Hot Stocks

08:10 EDT Curaleaf announces strategic national rebrand of Select cannabis lifestyle brand - Curaleaf Holdings unveiled the strategic national rebrand of its Select cannabis lifestyle brand across 15 U.S. states. Additionally, the company announced the launch of Select's all-in-one, two-gram proprietary vape technology, Select Briq, as well as the expansion of its Select X Bites edibles portfolio with the launch of Live Rosin X Bites and High Dose X Bites.
AIM

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08:10 EDT AIM ImmunoTech enrolls, doses first subject in Phase 2 study on Ampligen - AIM ImmunoTech announced it has enrolled and dosed the first subject in the company's Phase 2 study evaluating Ampligen as a potential therapeutic for people with post-COVID conditions. This important study milestone follows on the heels of the company having recently opened multiple clinical study sites and having screened numerous subjects. AIM Chief Executive Officer Thomas K. Equels commented, "We have clinical sites up and running, and we expect additional sites to be open in the very near future. AIM knows how vital it is to keep building on this momentum. By developing Ampligen as a therapeutic for Long COVID with chronic fatigue-like symptoms, we are working to bring hope to the millions of people struggling with this debilitating and life-altering syndrome. Long COVID is a major unmet medical need - in other words, there is no approved therapy available for this major health problem, and we believe that Ampligen has the potential to be a therapeutic solution." AMP-518 is expected to enroll approximately 80 subjects between the ages of 18 to 60 years across up to 10 centers in the United States. Subjects will be randomized 1:1 to receive twice weekly IV infusions of Ampligen or placebo for 12 weeks, with a follow-up phase of two weeks.
INFN

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08:09 EDT KAMO Power deploys Infinera's XTM Series to upgrade rural broadband network - Infinera announced that KAMO Electric Cooperative is deploying Infinera's XTM Series on its 2,700-route-mile rural network to serve its 17 member cooperatives across northeast Oklahoma and southwest Missouri. The deployment upgrades KAMO Power's network, providing the cooperative with an open optical network that delivers high-capacity, reliable, and secure transport services.
MXCT LYEL

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08:08 EDT MaxCyte signs strategic platform license with Lyell Immunopharma - MaxCyte (MXCT) announced the signing of a strategic platform license, SPL, with Lyell Immunopharma (LYEL), a clinical stage T cell reprogramming company. Under the terms of the agreement, Lyell Immunopharma obtains non-exclusive clinical and commercial rights to use MaxCyte's Flow Electroporation technology and ExPERT platform. In return, MaxCyte is eligible to receive platform licensing fees, clinical milestone payments and sales-based payments. "At MaxCyte, our goal is to maximize the potential of cells to improve patients' lives, and it is through collaborations such as this that we can achieve success," said Doug Doerfler, President and CEO of MaxCyte. "We look forward to supporting Lyell Immunopharma in its development of solid tumor treatments for patients with unmet needs."
MULN

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08:08 EDT Mullen Automotive announces start of 2023 'Strikingly Different' EV Tour - Mullen Automotive announces the beginning of the 2023 "Strikingly Different" EV Tour, which will commence on Aug. 20 in Austin, Texas. With the tremendous success of the Mullen FIVE tour in 2022, additional EVs have been added to the 2023 segment, including: Mullen FIVE EV Crossover; Mullen FIVE RS High-Performance Sport EV Crossover; Mullen GT High-Performance Electric Sports Car; Mullen ONE Class 1 Commercial EV Cargo Van; Mullen THREE Class 3 Commercial Low Cab Forward; Bollinger B2 Electric Pickup Truck. The tour will commence late summer on Aug. 20, 2023, and continue through November 2023, and will cover the East Coast, Midwest and Northwest before finishing up in California. Initial announced locations include: Austin, TX - Aug. 20 & 21 at Circuit of Americas; New Orleans, LA - Aug. 29 & 30 at NOLA Motorsports Park; Washington, D.C and Philadelphia, PA - Sept. 18 & 19 at Dover Motor Speedway; Las Vegas, NV - Oct. 31 & Nov. 1 at Las Vegas Motor Speedway; Additional tour stops on East Coast, Midwest, Northwest and West Coast to be announced soon.
RBBN

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08:07 EDT Ribbon Communications names Joni Roberts as Chief Marketing Officer - Ribbon Communications announced that Joni Roberts has been named Chief Marketing Officer, SVP, reporting to CEO Bruce McClelland. Roberts will run the company's global marketing strategy, marketing organization and investor relations. Before joining Ribbon, Roberts served as Vice President of Sales and Business Development for North America at RAD Data.
CNTB

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08:07 EDT Connect Biopharma announces presentation of four posters - Connect Biopharma announced it presented four posters at the 25th World Congress of Dermatology being held in Singapore from July 3-8, 2023. Poster presentation Summaries: Poster presentation 3240#: "Rademikibart, a next-generation IL-4Ralpha antibody, achieved all primary and secondary endpoints in a randomized pivotal trial for moderate-to-severe atopic dermatitis in China." This poster presentation reported the Week 16 primary and key secondary efficacy outcomes and key safety data demonstrating that rademikibart achieved all endpoints in the primary analysis population of adults with moderate-to-severe AD. Poster presentation #3242: "Eczema Area and Severity Index scores improved, and encouraging safety and tolerability were observed, across 16 weeks of treatment with rademikibart for moderate-to-severe atopic dermatitis: A pivotal trial in China." This poster included new efficacy data showing highly significant improvement with rademikibart in total EASI score change and in EASI score per AD sign in the primary analysis population, as well as new safety data indicating that rademikibart was well tolerated. Poster presentation #3247: "Improvements in investigator-rated outcomes across 16 weeks of treatment with rademikibart for moderate-to-severe atopic dermatitis: Results from a pivotal trial in China." This poster presentation showed the time course of the statistically significant improvements in investigator-assessed outcomes with rademikibart across the initial 16-week treatment period in the adult population. Treatment with rademikibart led to rapid improvements in IGA 0/1, EASI, BSA and SCORAD, all without plateauing by Week 16. Poster presentation #3243: "Improvements in patient-reported outcomes across 16 weeks of treatment with rademikibart for moderate-to-severe atopic dermatitis: Results from a pivotal trial in China." The poster discussed the statistically significant improvements observed in PROs, as assessed by PP-NRS, DLQI and POEM questionnaires, with rademikibart treatment over the initial 16-week treatment period in adult population.
VYGR JNCE

Hot Stocks

08:06 EDT Voyager Therapeutics appoints Jacquelyn Fahey Sandell as CLO - Voyager Therapeutics (VYGR) announced the appointment of Jacquelyn Fahey Sandell as Chief Legal Officer. She most recently served as CLO, Corporate Secretary, and Compliance Officer of Jounce Therapeutics (JNCE).
CLMT

Hot Stocks

08:05 EDT Calumet Specialty Products provides Q2 update on Specialties business - The Northwest Louisiana area endured extreme weather consisting of tornadoes and hurricane-force straight-line wind events during the quarter, the most recent of which left over 250,000 people without power. These weather events resulted in the repeated loss of external electrical supply to all four facilities that make up our Northwest Louisiana specialties complex. Disruptions during the quarter resulted in reduced production volume of approximately 500,000 barrels. "Despite the loss of power and property damage across the region, including to a number of our employees' homes, the team rallied to restart and normalize operations, complete the turnaround at our Cotton Valley Solvents facility, and advance maintenance at our Princeton and Shreveport facilities," said Borgmann. Our investment program to further harden and integrate our unique specialties complex continues. While we are approximately halfway through the three-year program, the foundational work completed thus far was instrumental in returning to normal operations. "Meeting robust specialty product demand during these disruptions was a significant challenge, and I am proud of how our entire team responded" said Scott Obermeier, EVP Specialties. "With the plants running, we are now rebuilding inventories and focused on capturing the solid market demand in front of us. Performance Brands operations in Northwest Louisiana also experienced several power outages, which were more than offset by proactive inventory management and strong demand. During these extreme events we were able to prioritize needed deliveries of fuel to emergency responders and donate supplies of TruFuel to assist with clean-up efforts." Strategically, the company continues to progress. "With strong market conditions and assets in full operation, we expect to generate significant cash flow from both Specialties and Montana Renewables in the second half of the year," said Borgmann. "Further, our Montana Renewables monetization strategy remains on track. With proven operations and a tangible growth strategy, the appeal of Montana Renewables to potential investors, including the public market, continues to grow. This combination of expected strong cash flows and a path to potential monetization leaves Calumet well positioned to achieve its strategic objectives of permanently de-levering the business and unlocking value for our unit holders."
CLMT

Hot Stocks

08:05 EDT Calumet Specialty Products provides Q2 update on Montana Renewables - Ramp up of unit operations was completed during the second quarter, making Montana Renewables the largest producer of Sustainable Aviation Fuel in North America. "The Montana Renewables team delivered on our first mover strategy and quickly adapted to our new processing capabilities" said Todd Borgmann, Calumet CEO. "We worked through the expected new equipment teething problems at an excellent pace, and we enter the next quarter on track to demonstrate the steady-state earnings power of this business." The second quarter also delivered an industry first with the successful startup of our ARA feedstock pretreatment technology. "Commissioning and ramp-up of our next generation pretreater was a carefully calculated decision that paid off, with the industry watching as serial number one of the ARA continuous process performed as planned. This fully unlocks the huge feedstock optionality that comes with our advantaged location," said Bruce Fleming, CEO Montana Renewables and EVP Corporate Development. Montana Renewables enters the third quarter running 12,500 barrels per day of renewable feedstock. Approximately 50% of renewable diesel production is currently being sold into Canada; all of the SAF is being delivered to Shell Aviation; and the unique renewable hydrogen plant capacity was demonstrated. Feedstock mix is presently 8,000 bpd untreated and 4,500 bpd of treated safety stock as we rotate from clean to dirty inventory. "With these milestones met, we have demonstrated Untreated EBITDA of $1.25 to $1.45 per gallon and confirmed top-tier status given Montana Renewables' unique advantages of preferred location, better technology and higher margins," said Fleming. The planned hydraulic expansion and MaxSAF developments both continue as we strategically seek to grow our first-mover position in the rapidly accelerating SAF market. Funding discussions with the Department of Energy are ongoing.
PRTK

Hot Stocks

08:04 EDT Paratek Pharmaceuticals announces modification of BARDA contract - Paratek Pharmaceuticals announced a modification to its Project BioShield contract with the Biomedical Advanced Research and Development Authority, BARDA, part of the Administration for Strategic Preparedness and Response, ASPR, within the U.S. Department of Health and Human Services. The modification provides new development milestones associated with the achievement of specific anthrax development milestones for the next BARDA procurement of NUZYRA. BARDA and Paratek have agreed the next procurement of NUZYRA anthrax treatment courses will be split into two equal procurements based on the achievement of specific development milestones toward both treatment and post-exposure prophylaxis indications of pulmonary anthrax. The first of these procurements will be triggered by the delivery of positive top-line data from a dose-ranging efficacy study for PEP of inhalation anthrax in non-human primates. The company expects this data to be available in the first quarter of 2024. The second of these procurements will be triggered by BARDA's receipt of positive top-line data from a combination of two studies, a dose-ranging efficacy study in NHPs and a pivotal efficacy study in rabbits for the treatment of inhalation anthrax, which the company anticipates could be available as early as the fourth quarter of 2024. The trigger for the final procurement of NUZYRA continues to be Paratek's receipt of sNDA approval from the FDA for the treatment of inhalation anthrax. The company will provide further specificity on these timelines as the anthrax development program progresses.
MAIA

Hot Stocks

08:04 EDT MAIA Biotechnology provides update on THIO-101 trial preliminary survival data - MAIA Biotechnology announced updates on preliminary survival data in the Part A safety lead-in of its ongoing THIO-101 phase 2 trial, evaluating THIO in sequential combination with cemiplimab in patients with advanced Non-Small Cell Lung Cancer, or NSCLC. The first two patients enrolled in the study continue to be alive, approximately 12.2 and 11.5 months respectively, from treatment initiation. Both patients have advanced Stage IV metastatic disease and failed 2 prior lines of therapy, including one line with an immune checkpoint inhibitor, or CPI, and platinum-based chemotherapy. Following the conclusion of study treatment, they have remained free of disease progression for 10.2 and 8.5 months, respectively, without requiring any additional therapy. No new safety analysis was conducted.
CBAT

Hot Stocks

08:03 EDT CBAK Energy Technology unit enters strategic agreement with Echom - CBAK Energy Technology announced that its subsidiary, Nanjing CBAK New Energy Technology Co., has entered into a strategic agreement with Guangzhou Echom Science & Technology Co., Ltd., a well-known industrial design group in China. According to the terms of the collaboration, Echom will purchase approximately RMB 180M worth of CBAK Energy's cylindrical lithium-ion batteries over the next three years, primarily the 32140 and 26700 series. As part of the arrangement, Echom is obligated to prioritize CBAK Energy's batteries in its self-developed new energy storage products and ensure that over 50% of its relevant products utilize CBAK Energy's batteries. In exchange, Nanjing CBAK will guarantee a consistent and uninterrupted supply of the specified battery products for the duration of the agreement.
ICAD

Hot Stocks

08:02 EDT iCAD showcases its ProFound AI Suite at AHRA 2023 - iCAD announced it is showcasing its ProFound AI Suite of clinically proven solutions for breast cancer detection, density assessment, and short-term risk evaluation in booth #228 at the AHRA 2023 annual meeting, taking place July 9-12 in Indianapolis, IN. "iCAD's Breast AI Suite is the only solution on the market today offering a complete portfolio of breast cancer detection, density assessment, and risk evaluation solutions that are clinically proven to increase cancer detection, assist radiologists in assessing short-term cancer risk, improve workflow, and enhance patient care. But when it comes to measuring impact, we don't just stop at improving clinical outcomes. Our technology not only maximizes our customers' clinical performance, it also boosts their bottom line," said Dana Brown, President and CEO of iCAD, Inc.
DCFC

Hot Stocks

08:02 EDT Tritium applauds proposed Texas NEVI funding requirement for connectors - Tritium DCFC supports the Texas Department of Transportation's proposal to require both the Combined Charging Standard and North American Charging Standard connectors for each National Electric Vehicle Infrastructure Formula Program-funded charger in the state, and supports the Texas Transportation Commission's authorization of this proposal. To assist the State of Texas and other states considering this requirement, Tritium is committed to providing NACS connectors on its chargers by late 2023 or early 2024. On the heels of the Texas Department of Transportation's proposal, the Kentucky Transportation Cabinet issued an addendum to the state's NEVI request for proposal to require NACS connectors.
ZEV

Hot Stocks

08:02 EDT Lightning eMotors announces production of 46 units in Q2 - Lightning eMotors announced that the Company produced 46 units, consisting of vehicles, powertrains, and Lightning Mobile DC Fast Chargers, in the second quarter of 2023. "We successfully ramped production of our new ZEV4 platform and produced 40 vehicles during the quarter as compared to the five we built in Q1," said Tim Reeser, Co-Founder and CEO. "ZEV4 production was heavily weighted toward Type A school buses to serve the growing demand. Production in the quarter also included three Lightning Mobile DC Fast Chargers, and we expect demand for this cutting-edge product to pick up as prospective customers are able to see results from initial orders and demo units. Looking forward, we are seeing solid demand for our ZEV4 vehicles as school districts and transit agencies apply for and receive federal and state grant money. We expect our production volume to increase to meet demand, and as we continue to sell through our finished goods inventory."
GOEV

Hot Stocks

08:02 EDT Canoo expands partnership with U.S. Department of Defense - Canoo Technologies announced that the U.S. Department of Defense's Defense Innovation Unit significantly expanded the scope of its previously announced partnership. The company says it has leveraged it advanced commercial battery and integration expertise to deliver to the Department of Defense partners a technologically advanced battery pack that can be scaled for use on operational military platforms and will set the stage for standardization of energy dense lithium batteries for the U.S. Navy. This follows DIU's testing and analysis of Canoo's proprietary technology since February 2023.
CNTA

Hot Stocks

08:01 EDT Centessa announces dosing of first subject in PRESent-2 study of SerpinPC - Centessa Pharmaceuticals announced the dosing of the first subject in its registrational PRESent-2 study of SerpinPC for the treatment of hemophilia B without inhibitors. The dosing phase of PRESent-2 follows a minimum 12-week observation period during which prospective baseline data of the subject's disease status under their current therapy are collected to support regulatory review of the benefit and risk profile of SerpinPC. "There remains a significant global need for new treatment options for persons with hemophilia B," said Antoine Yver MD MSc, Chairman of Development of Centessa. "Based on encouraging clinical data from our ongoing Phase 2a study, we believe SerpinPC has the potential to be a first-in-class subcutaneously administered therapy with a differentiated safety profile for persons with hemophilia B, subject to regulatory review and approval. We are excited to be evaluating the potential of SerpinPC's novel mechanism of action in the registrational PRESent-2 study. We expect to enroll and dose additional patients across our clinical trial sites and advance toward the interim analysis planned when 36 subjects reach 12 weeks on treatment in Part 1 of the study."
HELE

Hot Stocks

07:58 EDT Helen of Troy jumps 10% to $124.50 after Q1 results beat estimates - The company also reaffirmed FY24 guidance.
PMN

Hot Stocks

07:57 EDT ProMIS Neurosciences to consolidate trading on Nasdaq - ProMIS Neurosciences intends to consolidate trading of its shares on the Nasdaq exchange and as such has applied and received approval for a voluntary delisting of its common shares from the Toronto Stock Exchange. The last trading day on TSX will be July 21, 2023. The delisting from the TSX will not affect the Company's listing on the Nasdaq and common shares will continue to trade uninterrupted on the Nasdaq under the symbol "PMN". ProMIS joined the Nasdaq Capital Market LLC on July 7, 2022, and it has since become the primary market based on trading volume. The Company believes that this consolidation to the Nasdaq will facilitate the opportunity to undertake transactions in accordance with the rules of Nasdaq as its primary market while creating a central marketplace for common shares and providing sufficient liquidity. The Company also believes that delisting from the TSX will lower the expenses of a dual listing and provide savings in time and effort of management, which can be redirected to initiatives intended to generate shareholder value.
HYZN

Hot Stocks

07:47 EDT Hyzon Motors completes testing of first nine single-stack 200kW Fuel Cell System - Hyzon Motors announced the successful completion and factory acceptance testing of the first nine single-stack 200kW Fuel Cell System B-samples at its production and innovation center in Bolingbrook, IL. By achieving this milestone, Hyzon remains on track to declare Start of Production and commercialization of its innovative FCS in 2024. The successful completion of testing of Hyzon's nine 200kW FCS B-samples in the first half of 2023 demonstrates consistent progress toward commercial production. This achievement follows the commissioning of Hyzon's proprietary, automated roll-to-roll Membrane Electrode Assembly production line including in-line inspection and the installation of its single cell and fully automated fuel cell stack manufacturing lines. Progression of the 200kW FCS B-samples validates the design, equipment, and operating procedures, which are all critical to the final tooling and production of C-samples and the eventual commercialization of the FCS. Additionally, we believe it shows growth in the company's prototype assembly rate, with six of the B-samples produced and tested in Q2 2023, an increase from three in Q1 2023. Hyzon is positioning to increase its FCS manufacturing rate with the installation of additional full and semi-automation equipment in the assembly and inspection processes, which is already underway. It expecst the continued standardization of design around the 200kW FCS powertrain components will expedite production and the company expects the remaining 16 B-samples to be complete and the production of C-samples to begin in the second half of 2023.
AMAT

Hot Stocks

07:44 EDT Applied Materials introduces technologies for heterogeneous chip integration - Applied Materials introduced materials, technologies and systems that help chipmakers integrate chiplets into advanced 2.5D and 3D packages using hybrid bonding and through-silicon vias. The new solutions extend Applied's industry-leading breadth of technologies for heterogeneous integration. HI helps semiconductor companies combine chiplets based on a variety of functions, technology nodes and sizes in advanced packages, enabling the combination to perform as a single product. HI helps solve industry challenges created in part because the need for transistors in applications like high-performance computing and artificial intelligence continues to increase at an exponential rate, while the ability to shrink transistors with classic 2D scaling is slowing and becoming more expensive. HI is a core component of a new playbook that enables chipmakers to improve chip performance, power, area-cost and time to market in new ways. Introduced today: The Insepra SiCN deposition system expands Applied's industry-leading hybrid bonding product portfolio. The system uses a new silicon carbon nitride material that delivers the highest dielectric bonding strength in the industry and offers superior copper diffusion barrier properties. The stronger dielectric bonds give designers the structural stability needed to integrate far more copper-to-copper interconnects in a given area, which lowers power consumption and increases device performance. The Catalyst CMP solution helps customers control the amount of "dishing," the intentional recessing of copper material on two surfaces that will be bonded in a subsequent high-temperature annealing step. CMP dishing can create unwanted metal loss at the top surfaces of the copper pads, which can cause air gaps that decrease the fidelity and strength of the copper-to-copper bonds. Applied's Catalyst solution is a dynamic temperature control technique that reduces dishing and increases throughput.
LIZI

Hot Stocks

07:42 EDT Lizhi's TIYA upgrades MY AI FRIEND with 'Animated Avatar' feature - LIZHI has launched a new expressive "Animated Avatar" feature for users' customized MY AI FRIEND chatbot with the latest update to its global social networking platform TIYA App. The new "Animated Avatar" feature for TIYA's MY AI FRIEND chatbot provides animated and expressive AI-generated faces to users' customized AI companions, further enhancing real-time conversations and fostering a deeper emotional connection between users and their AI companions.
ZVSA

Hot Stocks

07:41 EDT ZyVersa announces publication on role of inflammasome activation - ZyVersa Therapeutics announces publication of an article in the peer-reviewed journal Circulation demonstrating the role of inflammasome NLRP3 activation in hypertrophic heart disease induced by mechanical stress. In the paper titled, "NLRP3 Inflammasome Activation Through Heart-Brain Interaction Initiates Cardiac Inflammation and Hypertrophy During Pressure Overload," data are reported from in vivo studies in various animal models, and in vitro experiments using primary rat neonate cardiomyocytes and fibroblasts, and a human microvascular endothelial cell line. The objective was to determine the regulatory mechanism of inflammation and its role in the stressed heart. Key findings are as follows: Neural signals contribute to NLRP3 inflammasome activation in cardiac nonimmune cells that initiate inflammation in the stressed heart through IL-1beta production; Pressure overload to the heart's left ventricle activates sympathetic efferent nerves to secrete extracellular ATP, which activates NLRP3 inflammasomes in cardiomyocytes, fibroblasts, and vascular endothelial cells, leading to L-1beta production and initiation of the inflammatory cascade that causes cardiac adaptive hypertrophy in response to mechanical stress; Cardiac afferent nerve signals also contribute to ATP secretion from SEN terminals and inflammasome activation. The above findings reveal that cardiac inflammation and hypertrophy are controlled through NLRP3 activation through heart-brain interactions.
IXHL

Hot Stocks

07:39 EDT Incannex intends to redomicile to U.S., list all shares on Nasdaq - Incannex Healthcare announced its intention to redomicile from Australia to the United States via proposed schemes of arrangement between Incannex and its shareholders and Incannex and its optionholders. Implementation of the Schemes is subject to approval of IHL's shareholders and IHL's optionholders and other regulatory and court approvals. Incannex has already achieved registration of its ordinary shares from the US Securities and Exchange Commission. Since February 2022, Incannex's ordinary shares, in the form of American Depository Receipts, have been trading in the United States since gaining Nasdaq Global market listing status. Each ADR represents 25 ordinary shares of Incannex. Should the Schemes be approved by shareholders, all shareholders will be holders of shares of common stock of Incannex Healthcare Inc., the new parent company incorporated in Delaware, which will be listed on Nasdaq. Shares of common stock of US companies are tradable on all major share trading technology platforms in Australia, aiding trading liquidity. Furthermore, IHL will not delist from ASX until all relevant approvals from the SEC and Nasdaq to trade shares of common stock in Incannex Healthcare Inc. in the US have been obtained. Incannex's board of directors believes that becoming a U.S. company and trading only on NASDAQ will provide many and varied benefits to Incannex and its shareholders. The Company will have greater access to a more cognisant and receptive capital market of Incannex's value proposition, with comparison companies trading at far greater market valuations, and an ability to expand to a much broader investor base. To implement the re-domiciliation, Incannex has entered into a Scheme Implementation Deed with Incannex Healthcare, a new US company incorporated in Delaware. Following the implementation of the Schemes, Incannex US will become the ultimate parent company of the Incannex group of companies, with IHL becoming a wholly-owned subsidiary of Incannex US. Pursuant to the Share Scheme: holders of fully paid ordinary shares in Incannex will be entitled to receive one share of common stock in Incannex US for every 100 Incannex Shares held on the record date for the Share Scheme; and holders of Incannex ADRs will be entitled to receive one Incannex US Share for every four ADRs held in Incannex on the Share Scheme record date. Such a consolidation of share capital is considered appropriate following advice from numerous US investment banks concerning an appropriate pricing model for an ambitious and emerging biotechnology research and development company. To eliminate any confusion, it is worth noting that if the company were to apply the proposed 100-1 ratio, the estimated Nasdaq share price would currently be approximately US $8.00 per share. Furthermore any reorganisation of Capital does not affect the value of the company nor shareholder position. Pursuant to the Option Scheme, all options to acquire Incannex Shares on issue on the record date for the Option Scheme will be cancelled in consideration for the holders of those Incannex Options receiving one option to acquire a Incannex US Share for every 100 Incannex Options cancelled in accordance with the Option Scheme. If the Schemes are implemented, Incannex US Shares will be listed solely on Nasdaq. Incannex US will not seek to list on the Australian Securities Exchange on implementation of the Schemes. Accordingly, on implementation of the Schemes, IHL will cease to be ASX listed. The re-domiciliation is not expected to result in any material changes to Incannex's assets, management, operations or strategy, and is expected to be structured on a tax-neutral basis to Incannex and its shareholders. The implementation of the Schemes is subject to several customary conditions including the approval of Incannex shareholders, Incannex optionholders and the Federal Court of Australia, as well as other necessary regulatory approvals. Incannex shareholders and optionholders do not need to take any action at this time. A Scheme Booklet containing, among other things, more detailed information relating to the Schemes, reasons for the Board's recommendations, information on the Scheme meetings for the Share Scheme and the Option Scheme and the independent expert's report is expected to be mailed to Incannex shareholders and optionholders in August/September 2023. Incannex shareholders will be given the opportunity to vote on the Share Scheme and Incannex option holders will be given the opportunity to vote on the Option Scheme at the Scheme Meetings expected to be held in October 2023 and, subject to the conditions of the Schemes being satisfied, the Schemes are expected to be implemented in October 2023. These dates are indicative and subject to change.
FMC

Hot Stocks

07:37 EDT FMC Corporation falls 5% to $98.47 after lowering Q2, FY23 revenue outlook
AUUD

Hot Stocks

07:36 EDT Auddia announces it has releases its exclusive offering faidrRadio to its app - Auddia announced that it has released its exclusive content offering faidrRadio to the Android version of its flagship mobile app, faidr. Podcasts were added to the product in May of this year. "We are excited that our Android users can begin listening to our faidrRadio programming alongside their favorite podcasts and commercial-free AM/FM stations," said Auddia's CEO Michael Lawless. "Since originally launching faidrRadio in our iOS product, we've seen it account for approximately 33% of all the plays in that app, and we're happy Android users now get to experience our exclusive Music Casts and Music Stations."
FMC

Hot Stocks

07:36 EDT FMC Corporation says input costs outlook continues to improve - Significant benefit expected in second half. Significant cost mitigation actions initiated, reducing previously expected operating expense in the second half by $60M-$70M.
SYNH

Hot Stocks

07:35 EDT Syneos Health appoints Bochniak as Chief Human Resources Officer - Syneos Health announced the appointment of Hillary Bochniak as Chief Human Resources Officer, effective July 10, 2023. Bochniak joins Syneos Health from Accenture where she spent nearly 30 years in human resources roles of increasing scope and responsibility. Most recently, she served as the Managing Director, Global HR Lead for Strategic Accounts and Sales, where she was a driving force behind Accenture's sales transformation.
TSNDF

Hot Stocks

07:34 EDT TerrAscend reaches four dispensary cap in Maryland wiht Herbiculture acquisition - TerrAscend announced the closing of its previously announced acquisition of Herbiculture, a medical dispensary in Maryland. With this transaction, TerrAscend has reached the four dispensary cap in the state. With the recent launch of adult-use sales in Maryland on July 1, 2023, the Company believes that Herbiculture is well positioned to achieve substantial sales and profit growth. This transaction is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis. Located in an approximately 3,100 square foot location in Burtonsville, Herbiculture has a loyal customer base and a net revenue run rate of approximately $4.3 million. TerrAscend expects to achieve significant sales and margin improvement at this location with the recent launch of adult-use sales in the state and by offering a complete selection of its high-quality brands including Kind Tree, Gage, Cookies and Wana. With the close of the transaction, TerrAscend's retail footprint increases to 38 dispensaries nationwide.
CWH

Hot Stocks

07:33 EDT Camping World to acquire Sonny's RVs in Casper, Wyoming, no terms - Camping World Holdings announced that it is set to acquire Sonny's RVs in Casper, Wyoming. The transaction is anticipated to close in the fourth quarter of 2023 and will increase the Company's Wyoming location count to two. Marcus Lemonis, Chairman and CEO of Camping World commented, "
HUGE

Hot Stocks

07:33 EDT FSD Pharma retains counsel to lead investigation of naked short selling - FSD Pharma announced that the company has retained Christian Attar Law, a regional litigation firm located in Houston, Texas, to co-lead, along with Alan M. Pollack of the New York City law firm Warshaw Burstein, an investigation of any potential naked short selling or other market manipulation of common shares of FSD Pharma. The company and its legal team intend to provide all evidence of and records of activity to the appropriate authorities.
ZLAB

Hot Stocks

07:33 EDT Zai Lab announces China NMPA acceptance of efgartigimod alfa injection BLA - Zai Lab announced that China's National Medical Products Administration has accepted the Biologics License Application for efgartigimod alfa injection for the treatment of adult patients with generalized myasthenia gravis. The BLA submission is supported by positive results from the global Phase 3 ADAPT-SC study, demonstrating noninferior total IgG reduction from baseline at day 29 with SC administered efgartigimod compared to intravenous administered efgartigimod in adult patients with gMG. Patients treated with efgartigimod SC achieved mean total IgG reduction of 66.4% from baseline at day 29, compared to 62.2% reduction with efgartigimod IV. The safety profile for efgartigimod SC was also consistent with the ADAPT study. It was generally well-tolerated; the most frequent adverse event being injection site reactions, commonly observed with biologics administered subcutaneously. All ISRs were mild to moderate and resolved over time.
OTLY

Hot Stocks

07:33 EDT Oatly Group appoints Marie-Jose David as CFO - Oatly Group announced the appointment of Marie-Jose David as Chief Financial Officer, CFO, effective October 1, 2023. David will lead Oatly's global finance function, reporting directly to Oatly's CEO Jean-Christophe Flatin. She succeeds Christian Hanke, who has served as CFO since 2020. Hanke, who assisted in the search process, has chosen to step down from the company and will continue to serve as CFO through September 30 to support the transition. David brings more than two decades of global finance and leadership experience to Oatly, including significant operational experience with consumer brands. She most recently served as Chief Financial Officer at Mars Veterinary Health International, a division of Mars Petcare.
MDWD

Hot Stocks

07:32 EDT MediWound announces results from its U.S. Phase I/II study of MW005 - MediWound announced positive data from its Phase I/II study to evaluate the safety and efficacy of MW005 in the treatment of low-risk Basal Cell Carcinoma, BCC. The data show MW005 to be safe and well-tolerated, with patients achieving complete clinical and histological clearance of their target lesions. The Phase I/II study is an open-label, multi-centered, randomized clinical trial designed to evaluate the safety and efficacy of MW005 in patients with BCC. All of the patients enrolled in the study had histologically confirmed superficial or nodular BCC. Fifteen patients were treated with MW005 and completed the study. Results showed MW005 to be safe and well-tolerated, with a high level of patient compliance. While the primary focus of the trial was on safety and tolerability, it is worth noting that based on clinical assessments, eleven out of fifteen patients achieved complete clearance of their BCCs; the majority of these patients also had histologically confirmed complete clearance. Data comprising clinical and histological outcomes, supported by extensive patient follow-up, will be featured at an upcoming scientific conference in 2023. Ofer Gonen, CEO of MediWound, said, "These data further validate the potential of MW005 as a significant advancement in cancer treatment. BCC affects two to three million individuals in the U.S. each year, and we believe MW005 may reduce the reliance on expensive and potentially disfiguring surgical procedures in certain cases, thereby improving patient experiences and outcomes."
HON

Hot Stocks

07:16 EDT Honeywell to acquire SCADAfence, terms not disclosed - Honeywell announced it has agreed to acquire SCADAfence, a provider of operational technology and Internet of Things cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. SCADAfence is headquartered in Tel Aviv, Israel and will expand Honeywell's Cybersecurity Center of Excellence in Tel Aviv. The transaction is expected to close in the second half of 2023, subject to customary closing conditions, including receipt of certain regulatory approvals.
XP

Hot Stocks

07:15 EDT XP ends shareholders pact, Iupar Group loses right to nominate board members - XP Inc. announced the termination of its shareholders agreement executed between XP Control General Atlantic Bermuda LP, Itausa S.A. Sao Carlos Investimentos , Sao Marcos Investimentos ITB Holding and Itau Unibanco Holding , originally expected to continue until October, 2026. This termination was agreed to between the shareholders and strengthens XP Inc.'s corporate governance practices and the composition of its board of directors. As a result of the termination, 1. Iupar Group will no longer have the right to nominate members to our board, but together with Itau, they will still be required to adhere to the registration rights when selling their shares in the market. 2. GA will maintain its right to nominate one board member as long as it maintains a minimum of 2% ownership in XP Inc.; and 3. XP Inc.'s board will be reduced to 9 members to improve its effectiveness.
FURY

Hot Stocks

07:14 EDT Fury Gold Mines restarts drill program at Eau Claire Deposit, Percival Prospect - Fury Gold Mines restarted exploration activities at the Eau Claire high-grade gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec following the easing of the Province's emergency fire evacuation order. Following the removal of the prohibition of access to and travel within forests around the Eau Claire project, Fury remobilized crews to continue the previously announced 2023 exploration drill program focussed on the continued expansion of both the Eau Claire deposit and the Percival Prospect.
MOB TDY

Hot Stocks

07:13 EDT Mobilicom secures commercial scale purchase order for SkyHopper PRO systems - Mobilicom (MOB) announced a commercial scale purchase order from one of its Tier-1 customers, Teledyne-FLIR (TDY), for 120 of Mobilicom's SkyHopper PRO datalink systems. Teledyne-FLIR selected Mobilicom's SkyHopper PRO as an essential component in its new small-sized drone platform. Having completed the design, development, integration, testing, and validation of this drone platform, Teledyne-FLIR has moved it into the commercialization phase with federal agencies and customers across the U.S. This latest and largest purchase order to date from Teledyne-FLIR is for SkyHopper PRO systems to be integrated into small-sized drones manufactured for the U.S. Department of Defense. Delivery of the SkyHopper PRO systems to Teledyne-FLIR under this purchase order is expected during 2023.
TNXP

Hot Stocks

07:12 EDT Tonix announces initiation of enrollment in MGH Phase 2 study of TNX-1900 - Tonix Pharmaceuticals announced that the first participant was enrolled in the Phase 2 'POWER' study of TNX-1900 for the treatment of pediatric obesity at the Massachusetts General Hospital, MGH. The aim of the study is to investigate the efficacy and safety of TNX-1900 as a novel therapeutic agent to induce weight loss and improve indicators of cardiometabolic risk in adolescent patients with obesity. The 12-week double-blind, placebo-controlled trial has a target enrollment of 75 participants 12-18 years old with obesity. "More than two-thirds of the U.S. population suffers from obesity or is overweight1," said Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals. "Available pharmacologic treatment options for weight loss in children are limited by safety/tolerability problems and failure to achieve sustained weight loss. It is essential to develop safe and effective therapeutic strategies for weight loss, particularly in adolescents, who are understudied while being at greatest risk for long-term comorbidities."
BGNE

Hot Stocks

07:11 EDT DualityBio eligible for $1.3B in BeiGen pact for ADC therapy for tumors - BeiGen and DualityBio, a next-generation ADC company, announced an agreement for BeiGene to acquire an exclusive option for a global clinical and commercial license to an investigational, preclinical ADC therapy for patients with select solid tumors. "With one of the industry's leading global oncology research teams, we are investing in highly impactful therapeutic modalities such as ADCs that complement our dynamic and growing pipeline in solid tumors," said Lai Wang, Ph.D., Global Head of R&D at BeiGene. "Through this strategic partnership with DualityBio, we are well positioned to advance this asset globally alongside our initial internally discovered ADC assets with our end-to-end ADC manufacturing capabilities." "Duality is dedicated to becoming a leading next-generation ADC company, and the assets built upon our DITAC platform show encouraging efficacy and safety in preclinical as well as global clinical studies," said John Zhu, Ph.D., CEO at DualityBio. "We are excited to partner with BeiGene to accelerate the development of this asset. In combining the strengths of BeiGene and Duality, we believe more breakthrough ADC medicines will be brought to patients worldwide." Under the terms of the agreement, DualityBio will receive an upfront payment, and will be eligible for a payment contingent upon BeiGene exercising its option and additional payments based upon the achievement of certain development, regulatory, and commercial milestones, totaling up to $1.3B, in addition to tiered royalties. Upon exercising its option, BeiGene will hold global clinical, manufacturing, and commercial rights while DualityBio will perform all research activities through IND-enabling studies and support future IND filings by BeiGene.
DLR NVDA

Hot Stocks

07:11 EDT Digital Realty: New data center in Osaka Japan certified NVIDIA DGX H100-ready - Digital Realty (DLR) announces KIX13, its newest data center in Osaka, Japan, has been certified Nvidia (NVDA) DGX H100-ready as part of the Nvidia DGX-Ready Data Center program. KIX13 was awarded the accreditation for its ability to provide a dedicated, robust, and resilient environment optimized for intensive computing systems deployments at scale.
SCTL

Hot Stocks

07:11 EDT Societal CDMO selected by Spinnaker Biosciences to provide CDMO services - Societal CDMO announced that it has been selected by Spinnaker Biosciences to execute CDMO services in support of the company's clinical development of a novel therapeutic candidate. The activities to be conducted under the agreement include analytical method transfer and qualification, aseptic process development, manufacture of a prototype batch of the therapeutic, cGMP filling of the resultant sterile powder into vials, and stability testing of the therapeutic candidate to be used in a planned Phase 1/2 study. "Our new agreement with Spinnaker is an exciting opportunity for the Societal CDMO team to showcase its range of expertise across a number of offerings designed to support innovative drug developers as they work to advance novel therapeutic candidates into the clinic. We are well suited to carry out this work which involves several complexities, including aseptic filling of the final product," said David Enloe, chief executive officer of Societal CDMO. "We are excited to add Spinnaker to our growing list of customers and pleased that the company has entrusted us to carry out these important aseptic process development and manufacturing activities on its behalf."
IPI

Hot Stocks

07:10 EDT Intrepid Potash completes two drilling projects at Moab potash mine - Intrepid Potash announced the completion of the Well 45 and Well 46 drilling projects at its solar solution potash mine in Moab, Utah. This is the second update on Intrepid's major capital projects included in its 2023 capital program. The company said, "We successfully completed the Well 45 and Well 46 drilling projects at our solar solution potash mine in Moab, Utah, in time for the 2023 evaporation season. Both projects will help us deliver on our key goals of maximizing brine availability and underground brine residence time, which is expected to lead to improved brine grade and higher and more consistent production." Bob Jornayvaz, Intrepid's Executive Chairman and CEO commented: "I'm very pleased to share that we completed two additional potash growth projects on the planned schedule to have them commissioned in time for the 2023 summer evaporation season. Successfully executing both projects required a very high level of technical expertise and our new design for Well 45 led to significant cost savings compared to our previous horizontal caverns due to the single-well design. While our Moab potash operation has been our most consistent production asset, these projects are expected to help ensure this continues to be a world-class operation for many years to come. Our focus continues to be successful project execution across our operations, and I'm very encouraged by the results so far." Well 45 is a newly designed, single-well cavern system with three interlocking laterals that targets new ore in Potash Bed 9. This single-well cavern is designed to have a long operational life with the laterals completed over approximately 18,000-feet of horizontal drilling. We have commenced the initial phase of cavern development and brine measurements have shown good availability of high-grade ore. After cavern development, we will switch to injecting salt-saturated brine and begin selective solution mining. Due to the nature of solution mining and the residence time required to selectively mine potash, we expect to see the benefit of Well 45 beginning in the 2024 evaporation season. The total capital cost was approximately $11.5 million, approximately 40% lower compared to our previous two-well cavern systems. Well 46 is a horizontal drilling project designed to target a high-grade brine pool ("sump") in the original mine workings in Potash Bed 5, which was previously accessed by a nearly 50-year-old well that was plugged-and-abandoned. Well 46 serves three key purposes: first, contribute to our 2023 potash production when harvest begins in the third quarter; second, create medium to longer-term, reliable wellbore access to drill additional laterals to target unmined ore in Potash Bed 5 or access other stranded brine pools; and third, serve as a backup for other injection/extraction wells. The capital cost was approximately $5 million. The completion of the Well 45 and Well 46 drilling projects builds on the success of Intrepid's Phase One HB Injection Pipeline Project which was announced on June 21, 2023. We continue to expect our 2023 capital program to be in the range of $60-75 million.
CLSD

Hot Stocks

07:09 EDT Clearside announces TGA of Australia accepted Arctic Vision's NDA for Arcatus - Clearside Biomedical announced that the Therapeutic Goods Administration, TGA, of Australia has formally accepted Arctic Vision's new drug application, NDA, for suprachoroidal use of Arcatus for the treatment of Uveitic Macular Edema. Arctic Vision is a specialty ophthalmology company based in China that has the exclusive license for the commercialization and development of XIPERE. "Acceptance of the NDA in Australia is additional validation of suprachoroidal administration as an innovative, recognized form of ophthalmic drug delivery and another step towards the global commercialization of XIPERE," said George Lasezkay, Pharm.D., J.D., President and Chief Executive Officer of Clearside. "With approval in the U.S., regulatory review ongoing in Australia, and plans to gradually submit applications in more countries in its territories, our partner Arctic Vision continues to expand access for patients to the only product approved for the treatment of macular edema associated with uveitis."
BRLXF

Hot Stocks

07:08 EDT Boralex projects selected in latest call for tenders in France - Boralex announced that two of its projects, totalling 39.7 MW, have been selected in the latest onshore wind call for tenders conducted by the Ministry of Ecological and Solidarity Transition of France. These projects have received the necessary administrative authorizations and will allow Boralex to benefit from a feed-in premium contract for 20 years as of the start of commercial operation. Boralex has a portfolio of over 1.9 GW of wind and solar projects in France at various stages of development. It currently has over 1.2 GW of wind and solar facilities in operation in France and approximately 2.5 GW worldwide. The completion of these projects will contribute to Boralex's targeted growth in the French market, in line with its Strategic Plan.
KRMD

Hot Stocks

07:08 EDT Koru Medical submits FREEDOM60 510(k) premarket notification submission to FDA - Koru Medical announced that it has submitted a 510(k) premarket notification submission to the FDA for the use of its FREEDOM60 Infusion System with Hizentra 50 mL prefilled syringes.
IONS AZN

Hot Stocks

07:08 EDT Ionis Pharmaceuticals announces 'positive' results from Phase 3 NEURO-TTRansform - Ionis Pharmaceuticals (IONS) announced positive topline, 85-week data from the Phase 3 NEURO-TTRansform study in patients with hereditary transthyretin-mediated amyloid polyneuropathy. Ionis and AstraZeneca's (AZN) eplontersen continued to show sustained improvements in measures of neuropathy disease and a favorable safety and tolerability profile. At 85 weeks, eplontersen continued to show a sustained reduction in serum TTR concentration compared to baseline and continued to halt disease progression as measured by the modified Neuropathy Impairment Score +7. Eplontersen also showed continued improvement on the Norfolk Quality of Life Questionnaire-Diabetic Neuropathy compared to baseline. Results from the NEURO-TTRansform primary analysis at 66 weeks were presented earlier this year.
GNLX

Hot Stocks

07:08 EDT Genelux announces publication of Phase 1 trial results of Olvi-Vec - Genelux Corporation announced the publication in Frontiers in Immunology of positive results from a Phase 1 trial exploring intrapleural delivered Olvi-Vec in patients with malignant pleural effusion due to either MPM or metastatic disease. The study was completed at Memorial Sloan Kettering Cancer Center. This Phase 1 clinical trial enrolled eighteen MPE patients, who underwent a dose escalating method of intrapleural administration of Olvi-Vec following drainage of MPE. The primary objective of this trial was to determine a recommended dose. The secondary objectives were to assess feasibility, safety and tolerability; evaluate viral presence in the tumor and serum as well as viral shedding in pleural fluid, sputum, and urine; and evaluate anti-vaccinia virus immune response. Key Findings: Treatment with Olvi-Vec at the dose of 1x107 plaque-forming units to 6x109 PFU was feasible and safe, with no treatment-associated mortalities or dose-limiting toxicities. Olvi-Vec was detectable in tumor cells 2-5 days post-treatment, and treatment was associated with a decrease in tumor cell density and an increase in immune cell density as assessed by a pathologist blinded to the clinical observations. When matched tumor specimens were compared, tumor cell density score decreased from pre-treatment to post-treatment in all patients. Immune cell density score increased from pre-treatment to post-treatment in 3 of 4 patients. Gene expression analysis of pre- and post-treatment tumor specimens, using nCounter immune cell type scoring module, revealed increased scores for CD45+, Th1+, Tregs, CD8+, exhausted CD8+, NK+, cytotoxic cells, dendritic cells, macrophage, and neutrophil immune cell populations in post-treatment tumor specimens compared to pre-treatment specimens. Among all patients, median OS was 19.5 months. The median OS among patients who had MPM was 22 months. One patient with epithelioid MPM is alive at time of manuscript publication; 87 months after Olvi-Vec treatment, this patient received other treatments that are standard of care for patients with MPM. The maximum tolerated dose was not reached. As a result, the primary objective of establishing a recommended dose was not reached.
EGLE

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07:07 EDT Danaos shifts Eagle Bulk investment intent from passive to active - In a regulatory filing on July 6, Danaos Corporation disclosed that between May 31 and June 22, Danaos acquired 993,529 shares of Eagle Bulk Shipping common stock in open market purchases through brokers for an aggregate amount, inclusive of commissions, of $43,719,063.25. In the filing, which indicates the shareholder has shifted to an activist investment stance from a passive one, Danaos stated in part: "Danaos strongly refutes the Board's claim that Danaos made an actual offer to Oaktree at any specific price, and accordingly Danaos also refutes that it communicated to the Issuer that it had done so at a price at or around the Issuer's net asset value, NAV, or otherwise. Nevertheless, as the Issuer's largest shareholder, Danaos has a strong vested interest in collaborating with the Issuer to enhance long-term shareholder value and therefore intends to engage constructively with the Board and/or management going forward about operational and strategic improvements. In the course of its constructive dialogue with the Board, Danaos may consider, explore and/or develop plans and/or make proposals (whether preliminary or firm) with respect to, among other things, potential changes in the structure and efficiency of the Issuer's operations, which have significant room for improvement relative to its peer group... Additionally, Danaos may consider and/or make proposals (whether preliminary or firm) regarding the Issuer's Board composition, ownership, capital or corporate structure, sale transactions, and/or strategy and plans. Such discussions could include proposed transactions in which Danaos may seek to participate and potentially engage in, as a purchaser or investor. Danaos intends to communicate with the Board about, and may enter into negotiations with the Board regarding, the foregoing and a broad range of operational and strategic matters and to communicate with other shareholders or third parties regarding the Issuer... Danaos may also take steps to explore and prepare for various plans and actions, and propose transactions, before forming an intention to engage in such plans or actions or proceed with such transactions."
EXAI

Hot Stocks

07:07 EDT Exscientia enrolls first patient in ELUCIDATE study - Exscientia announced that it has enrolled the first patient in its Phase 1/2 "ELUCIDATE" study evaluating GTAEXS617, Exscientia's precision-designed CDK7 inhibitor, for the treatment of advanced solid tumours. The clinical trial will evaluate the safety, efficacy and pharmacokinetics of '617 across multiple ascending doses in patients with advanced solid tumours including head and neck cancer, colorectal cancer, pancreatic cancer, non-small cell lung cancer, HR+/HER2- breast carcinoma and ovarian cancer. '617 is a novel CDK7 inhibitor that has been designed by Exscientia in collaboration with GT Apeiron for high potency, selectivity, oral bioavailability and safety.
EGLX

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07:07 EDT Enthusiast Gaming reaches 56M U.S. unique visitors in May - Enthusiast Gaming Holdings has increased its position as the #1 Gaming Property in the United States, reaching a new record of 56 million Unique Visitors, based on the latest digital media ratings from Comscore. The results represent 28% year-over-year growth in Unique Visitor traffic to Enthusiast Gaming's digital media Property of gaming communities, content, and creators. The new ratings place Enthusiast Gaming as the top Gaming Property in the United States by the largest margin to date, since first achieving this milestone in January 2023.
CSIQ

Hot Stocks

07:06 EDT Canadian Solar rebrands CSI Solar energy storage division to e-STORAGE - Canadian Solar and its majority-owned subsidiary, CSI Solar, announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform. With e-STORAGE, Canadian Solar will accelerate its growth in the global energy storage market and operate as a distinct business unit, under CSI Solar. Previously, e-STORAGE operated as CSI Energy Storage. e-STORAGE launches with nearly 26 GWh of energy storage projects in its total pipeline and over $1.7B of contracted revenues as of July 2023, up from $1B in January 2023. This provides significant growth visibility for e-STORAGE over a multi-year period.
IOVA

Hot Stocks

07:05 EDT Iovance announces regulatory, clinical updates for TIL Therapy in NSCLC - Iovance Biotherapeutics announced regulatory and clinical updates related to its registrational single-arm Phase 2 IOV-LUN-202 trial in post-anti-PD-1 NSCLC. At a Type B Pre-Phase 3 meeting held between Iovance and the U.S. Food and Drug Administration, the FDA provided positive regulatory feedback that the design of the IOV-LUN-202 trial may be acceptable for accelerated approval of LN-145 TIL therapy for patients who have progressed on or after chemotherapy and anti-PD-1 therapy for advanced NSCLC without EGFR, ROS or ALK genomic mutations and had received at least one line of an FDA-approved targeted therapy if indicated by other actionable tumor mutations. Based on this FDA feedback, Iovance completed a preliminary analysis of the IOV-LUN-202 trial. This recent data cut1 included 23 NSCLC patients treated with LN-145. An ORR of 26.1% by RECIST v1.1 was observed, with a disease control rate of 82.6%. While still early on study, the median duration of response was not reached. The DOR ranged from 1.4+ months to 9.7+ months. Treatment-emergent adverse events were consistent with the underlying disease and known adverse event profiles of non-myeloablative lymphodepletion and interleukin-2. Based on the regulatory discussions, Iovance plans to enroll a total of approximately 120 patients into the registrational IOV-LUN-202 trial. Enrollment is expected to be complete during the second half of 2024. As previously announced, Iovance is also preparing to meet with the FDA this year to discuss a randomized confirmatory trial of LN-145 in frontline advanced NSCLC patients. This confirmatory trial in frontline advanced NSCLC is expected to be well underway at the time of a potential approval in advanced post-anti-PD-1 NSCLC. The FDA's Priority Review of Iovance's Biologics License Application for lifileucel in advanced melanoma remains on track and continues to progress well. The Prescription Drug User Fee Act target action date for the BLA is November 25, 2023.
EXAI

Hot Stocks

07:05 EDT GT Apeiron announces enrollment of first patient in Phase 1/2 ELUCIDATE study - GT Apeiron announced the enrollment of the first patient in the Phase 1/2 "ELUCIDATE" study which is designed to evaluate GTAEXS617 for the treatment of advanced solid tumors. Developed in collaboration with its strategic partner, Exscientia, GTAEXS617 is a highly selective, small molecule, non-covalent inhibitor of cyclin-dependent kinase 7. "The initiation of the ELUCIDATE study represents a significant milestone in our company's development and is the first drug candidate from our partnership with Exscientia to enter clinical studies," said Mingxi Li, Ph.D., chief executive officer of GT Apeiron. "GTAEXS617 is a product of our collaboration that uses AI-driven precision design to create a potentially best-in-class therapy and provide a new therapeutic option for patients with these difficult to treat cancers."
TPG

Hot Stocks

07:05 EDT TPG to purchase G2CI business from Forcepoint - Forcepoint announced it has signed a definitive agreement to sell the company's Global Governments and Critical Infrastructure, or G2CI, business to TPG. The transaction will separate Forcepoint's Commercial and G2CI businesses and will establish G2CI as an independent entity. TPG will invest in Forcepoint G2CI through TPG Capital, the firm's U.S. and European late-stage private equity platform. The Forcepoint Commercial business, focused on simplifying security through a Data-first SASE approach to cloud-delivered security and connectivity, will continue to be owned by Francisco Partners and its existing co-investors.
EU

Hot Stocks

07:04 EDT EnCore Energy reports 19.9% ownership of Nuclear Fuels - enCore Energy announced that the company has received 9,263,800 shares of Nuclear Fuels, formerly Uravan Minerals, in exchange for shares of a private BC company which held uranium projects in Wyoming and Arizona. Immediately prior to the acquisition, enCore held 64,000 post-consolidated common shares of Nuclear Fuels. Following the business transaction completion, enCore holds a total of 9,327,800 shares representing approximately 19.9% of the issued and outstanding common shares of Nuclear Fuels.
EYPT

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07:04 EDT EyePoint appoints Duker as CEO, Lurker as Executive Vice Chair of the Board - EyePoint Pharmaceuticals announced the appointment of Jay Duker, M.D. as Chief Executive Officer. Dr. Duker has transitioned from his most recent role as Chief Operating Officer, COO, and President. Dr. Duker has also been appointed to the Board of Directors of the Company, effective today. Nancy Lurker has transitioned to the role of Executive Vice Chair of the Board of Directors from the position of CEO.
MRKR

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07:03 EDT Marker Therapeutics granted Orphan Drug Designation from EMA for MT-401 - Marker Therapeutics announced that zedenoleucel, its multi-tumor-associated antigen-specific T cell product candidate, MT-401, was granted Orphan Drug Designation by the Committee for Orphan Medicinal Products of the European Medicines Agency for the treatment of patients with acute myeloid leukemia. AML is a life-threatening and chronically debilitating disease that is rapidly progressive and fatal if untreated. Relapse rates after initial treatment are high, and the next step for eligible patients is an allogeneic hematopoietic stem cell transplant. Unfortunately, AML relapse after HSCT is frequent and outcomes are dismal. Patients who relapse after HSCT have an estimated median survival of less than one year, highlighting the urgent need for new therapies. MT-401 utilizes a novel non-genetically modified approach that recognizes multiple antigens expressed on tumor cells, thereby designed to minimize tumor escape. MT-401 is currently being studied in a Phase 2 clinical trial for the treatment of relapsed AML following allogeneic HSCT, and was designed to specifically target four different antigens that are upregulated in AML but have limited expression on normal cells.
DHT

Hot Stocks

07:02 EDT DHT Holdings provides Q2, Q3 update - DHT Holdings provides the following business update: For the second quarter of 2023, the company estimates time charter equivalent earnings for its fleet at $56,300 per day, comprising of $36,200 per day for the company's VLCCs on time-charter and $64,800 per day for the company's VLCCs operating in the spot market. Thus far in the third quarter of 2023, 37% of the available VLCC spot days have been booked at an average rate of $48,000 per day on a discharge-to-discharge basis. 51% of the available VLCC days, spot and time-charter days combined, have been booked at an average rate of $42,200 per day. During the second quarter of 2023, the company has completed the installation of the two final exhaust gas cleaning systems in the retrofit project. Following this, all of DHT's vessels are now fitted with exhaust gas cleaning systems. The company has received commitment of a $45M secured credit facility under the incremental facility with ING as agent. The new facility will have an interest rate equal to SOFR plus a margin of 1.80% and is otherwise in line with the "DHT-style" financing. The facility will finance the acquisition of the 2018 built VLCC announced in May, which is expected to deliver later this month.
TNGX

Hot Stocks

07:02 EDT Tango Therapeutics announces first patient dosed in Phase 1/2 trial of TNG462 - Tango Therapeutics announced that the first patient has been dosed in the phase 1/2 trial of TNG462 in patients with MTAP-deleted solid tumors. TNG462 is a potentially best-in-class MTA-cooperative PRMT5 inhibitor previously granted Fast Track designation by the U.S. Food and Drug Administration. The TNG462 phase 1/2 clinical trial will evaluate the safety, pharmacokinetics, pharmacodynamics and efficacy of TNG462 in solid tumors with MTAP deletions. "Dosing the first patient with our next-generation MTA-cooperative PRMT5 inhibitor, TNG462, demonstrates our deep commitment to developing transformative treatments for patients with MTAP-deleted cancers. MTAP deletions occur in 10-15 percent of solid tumors, including many with limited treatment options, and there currently are no FDA-approved treatments specifically for cancers with MTAP deletion," said Barbara Weber, M.D., President and Chief Executive Officer of Tango Therapeutics.
WFG

Hot Stocks

07:02 EDT West Fraser Timber to sell softwood kraft pulp mill in Alberta to Mondi Group - West Fraser Timber announced an agreement to sell its unbleached softwood kraft pulp mill in Hinton, Alberta to Mondi Group. The transaction establishes a long-term partnership between the two companies in the region. Pursuant to the transaction, West Fraser will continue to supply fibre to the Hinton mill under long-term contract, via residuals from West Fraser's Alberta sawmills. Mondi's intention, subject to pre-engineering and permitting, is to invest EUR 400M in the expansion of the Hinton mill, primarily for a new 200,000 ton per annum kraft paper machine, anticipated to be operational from the second half of 2027. West Fraser expects to record a significant impairment loss in connection with the disposal of the Hinton pulp mill given the nominal proceeds. The estimated carrying value of the assets and liabilities being disposed of were $115M and $111M as of December 31, 2022 and March 31 respectively. The transaction is anticipated to close following successful completion of customary regulatory reviews and satisfaction of customary conditions. West Fraser will provide a further update during its second quarter results conference call.
FULC

Hot Stocks

07:01 EDT Fulcrum Therapeutics signs exclusive license agreement with CAMP4 Therapeutics - Fulcrum Therapeutics announced that it has entered into a worldwide, exclusive license agreement with CAMP4 Therapeutics, whereby Fulcrum will advance the discovery, development, and commercialization of novel therapeutic agents against an undisclosed target for the potential treatment of Diamond-Blackfan Anemia, DBA. Under the terms of the agreement, Fulcrum has been granted an exclusive, worldwide license to intellectual property arising from CAMP4's DBA program, including the right to research, develop, manufacture, and commercialize investigational compounds against an undisclosed target. In exchange, CAMP4 Therapeutics will receive an undisclosed upfront payment and up to $70 million in additional payments, upon the achievement of certain development, regulatory, and commercial milestones. Fulcrum will assume sole responsibility for research, development, manufacturing and commercialization costs and activities, and will pay tiered royalties on future commercial sales.
HELE

Hot Stocks

06:52 EDT Helen of Troy provides expectations regarding Project Pegasus - The company previously announced a global restructuring plan intended to expand operating margins through initiatives designed to improve efficiency and reduce costs, collectively referred to as "Project Pegasus." Project Pegasus includes multiple workstreams to further optimize the company's brand portfolio, streamline and simplify the organization, accelerate cost of goods savings projects, enhance the efficiency of its supply chain network, optimize its indirect spending, and improve its cash flow and working capital, as well as other activities. The company anticipates these initiatives will create operating efficiencies, as well as provide a platform to fund future growth investments. The company continues to have the following expectations regarding Project Pegasus: Targeted annualized pre-tax operating profit improvements of approximately $75 million to $85 million, which the Company expects to substantially begin in fiscal 2024 and be substantially achieved by the end of fiscal 2026. Estimated cadence of the recognition of the savings will be approximately 25% in fiscal 2024, approximately 50% in fiscal 2025 and approximately 25% in fiscal 2026. Total profit improvements to be realized approximately 60% through reduced cost of goods sold and 40% through lower SG&A. Total one-time pre-tax restructuring charges of approximately $85 million to $95 million over the duration of the plan, which are expected to be substantially completed by the end of fiscal 2024 and will primarily be comprised of severance and employee related costs, professional fees, contract termination costs, and other exit and disposal costs. All of the company's operating segments and shared services will be impacted by the plan.
IGT

Hot Stocks

06:50 EDT International Game issues statement regarding passing of Fabio Cairoli - International Game released the following statement regarding the passing of Fabio Cairoli, IGT CEO Global Lottery: "IGT announced today with great sadness that Fabio Cairoli, IGT CEO of Global Lottery, has suddenly passed away. Fabio was an outstanding executive. He was distinguished by his passion, drive, sincerity, and commitment to results and innovation. His leadership of the Global Lottery Sales and Operations, Italy Lottery Operations, Global Lottery Product and Sales Development, and Global Lottery Technology and Support functions was unparalleled. While these operations remain in very capable and experienced hands, we recognize that many in the lottery industry also held personal relationships with Fabio, and that he was a greatly respected friend within and beyond the industry," said Marco Sala, IGT Executive Chair. "At this time, IGT extends its deepest condolences to Fabio Cairoli's family, as we dedicate our efforts to supporting their needs during this difficult time."
HELE

Hot Stocks

06:49 EDT Helen of Troy backs net leverage ration reduction 2.0x-1.85x by year end - Project Pegasus on track to deliver $20M FY24 savings target. Backs FY24 adjusted EBITDA growth 3.2%-6.3%; free cash flow $250M-$270M.
VET

Hot Stocks

06:38 EDT Vermilion Energy announces TSX approval of NCIB - Vermilion Energy announced that the Toronto Stock Exchange has approved the notice of Vermilion's intention to commence a normal course issuer bid, or NCIB, through the facilities of the Toronto Stock Exchange, New York Stock Exchange and other alternative trading platforms in Canada and USA. The NCIB allows Vermilion to purchase up to 16,308,587 common shares, representing approximately 10% of its public float as at June 28, over a twelve month period commencing on July 12. The NCIB will expire no later than July 11, 2024. The total number of common shares Vermilion is permitted to purchase on the TSX is subject to a daily purchase limit of 297,362 common shares, representing 25% of the average daily trading volume of 1,189,450 common shares on the TSX calculated for the six-month period ended June 30, 2023; however, Vermilion may make one block purchase per calendar week which exceeds the daily repurchase restrictions. Any common shares that are purchased under the NCIB will be cancelled upon their purchase by Vermilion.
NBTX JNJ

Hot Stocks

06:20 EDT Nanobiotix jumps 56% to $7.85 after global licensing pact with Janssen
IMOS

Hot Stocks

06:04 EDT ChipMOS reports Q2 revenue $174.8M, up 18.2% - ChipMOS reported its unaudited consolidated revenue for the month of June and for the second quarter ended June 30. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.14 to $1.00 as of June 30. Revenue for the second quarter of 2023 was $174.8M, representing an increase of 18.2% from the first quarter and a decrease of 20.5% from the second quarter of 2022. The company noted the above seasonally strong second quarter of 2023 revenue reflects higher demand of LCD drivers across its core business and automotive markets, along with a continued improvement in loading levels of high end test platform. Revenue for the month of June was $57.4M, representing a slight decrease of 2.5% from May 2023, and a decrease of 15.3% from June 2022.
OPT

Hot Stocks

06:04 EDT Opthea announces resignation of Chief Medical Officer Dr. Joel Naor - Opthea announced the resignation of Dr. Joel Naor, Chief Medical Officer, effective July 15th. Dr. Naor is stepping down to pursue new opportunities and will be replaced by Dr. Kenneth Sall, MD who has been appointed as Opthea's Senior Medical Advisor. Dr. Sall will assume responsibility for safety oversight of the Opthea's Phase 3 clinical trials investigating OPT-302, a novel VEGF-C/D 'trap' inhibitor, for the treatment of wet age-related macular degeneration.
MTTR

Hot Stocks

06:02 EDT Matterport, Equinox to deliver digital twin platform to Middle East and Africa - Matterport announced that it is partnering with Equinox Technologies, a distributor of global technologies and Managed Security Services, to offer Matterport's digital twin platform to Government, Enterprise and SMB customers out of its offices in the United Arab Emirates, India, Oman, Saudi Arabia, and South Africa.
HCM

Hot Stocks

06:02 EDT Hutchmed initiates study in China of HMPL-415 - Hutchmed announced that it has initiated a Phase I study in China of HMPL-415, an investigational novel selective allosteric inhibitor targeting Src homology-2 domain-containing protein tyrosine phosphatase-2, or SHP2. The first patient received their first dose on July 6, 2023.
UNP

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05:32 EDT Union Pacific, SMART-TD reach tentative pact to provide eight paid sick days - Union Pacific Railroad and the International Association of Sheet Metal, Air, Rail and Transportation Workers, or SMART-TD, reached a tentative agreement to provide up to eight paid sick leave days to around 5,900 railroad employees.
NBTX JNJ

Hot Stocks

05:28 EDT Nanobiotix announce global licensing pact with Johnson & Johnson for NBTXR3 - Nanobiotix (NBTX) announced a global licensing, co-development, and commercialization agreement with Janssen Pharmaceutica, one of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ), for the investigational radioenhancer NBTXR3. NBTXR3 is currently being evaluated in several studies across solid tumor indications including NANORAY-312, a global Phase 3 pivotal study evaluating NBTXR3 for the treatment of patients with locally advanced head and neck cancer. NBTXR3 is also being evaluated for its potential as a systemic agent in combination with anti-PD-1 immune checkpoint inhibitors for patients with metastatic cancers. Under the terms of the license agreement, in collaboration with the Interventional Oncology R&D Unit at Johnson & Johnson, Nanobiotix will grant Janssen a worldwide license for the development and commercialization of NBTXR3. The license is exclusive, excepting territories previously licensed to Nanobiotix partner LianBio. Dial-in information for a conference call Nanobiotix will host to discuss the agreement can be found below.
ESLT

Hot Stocks

05:19 EDT Elbit Systems awarded $114M contract by Asian-Pacific country to supply two LRPA - Elbit Systems announced that it was awarded a contract worth approximately $114M with an Asian-Pacific country to supply two long-range patrol aircraft, or LRPA, equipped with an advanced and comprehensive mission suite. The contract will be carried out over a period of five years. The two LRPA aircraft will be based on new ATR 72-600 and Elbit Systems will integrate in each aircraft a mission suite that includes a Mission Management System, Electro-Optics, Radar, SIGINT, Communication and more.
SKX

Hot Stocks

05:17 EDT Skechers named sponsor of English Open, English Nationals pickleball tournament - Skechers announced it has been named the Official Footwear Sponsor of the 2023 English Open and English Nationals pickleball tournaments.
NDAQ

Hot Stocks

05:14 EDT Nasdaq, B3 enter pact to develop new clearing platform for Brazil stock exchange - B3 and Nasdaq have announced a partnership to develop a new clearing platform for the Brazilian stock exchange, responsible for the clearing, settlement, and management of counterparty risk associated with financial market transactions. The multi-year work schedule between B3 and Nasdaq will see close collaboration between engineering teams, drawing on Nasdaq's expertise providing real-time clearing solutions to over 20 central counterparty clearing houses worldwide.