Stockwinners Market Radar for September 01, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

17:34 EDT S&P announces changes to S&P 600 index at open on 9/18 - Hannon Armstrong Sustainable Infrastructure Capital (HASI), Blackstone Mortgage Trust (BXMT), Liberty Energy (LBRT), Premier (PINC) and Apple Hospitality REIT (APLE) will replace FutureFuel (FF), RE/MAX Holdings (RMAX), Zynex (ZYXI), Anika Therapeutics (ANIK) and Computer Programs and Systems (CPSI) respectively in the S&P SmallCap 600.

17:21 EDT Deere to replace Walgreens Boots Alliance in S&P 100 at open on 9/18 - Walgreens Boots Alliance will remain in the S&P 500.

17:19 EDT Lincoln National to replace uniQure in S&P 600 at open on 9/18

17:18 EDT Blackstone to replace Lincoln National in S&P 500 at open on 9/18

17:04 EDT Lightning eMotors receives NYSE notice of non-compliance - Lightning eMotors announced that it received a notice from the New York Stock Exchange on August 29, 2023 indicating that the company is not in compliance with Section 802.01B of the NYSE listed company manual because the company's average global market capitalization over a consecutive 30 trading-day period was less than $50M and, at the same time, the company's last reported stockholders' equity was less than $50M. The Notice has no immediate effect on the listing of the company's common stock on the NYSE, subject to the company's compliance with the NYSE's other continued listing requirements.

16:44 EDT CytoSorbents CFO D'Amico resigns - CytoSorbents announced that Alexander D'Amico has resigned as the company's Chief Financial Officer as part of a mutual termination and release agreement with the Company, effective August 28, 2023. As part of the agreement, CytoSorbents and D'Amico have agreed to terminate his employment agreement with the Company dated July 10, 2023 in its entirety, and have agreed to customary and mutual non-disparagement and release provisions, payment of specific accrued expenses, and no severance payments or vesting of equity. Kathleen Bloch will continue to serve as the company's Interim Chief Financial Officer pursuant to the existing consulting agreement arrangement between the company and Bloch.

16:36 EDT Sono Group receives additional staff determination letter from Nasdaq - On August 28, Sono Group N.V. received a staff determination letter from the staff of The Nasdaq Stock Market stating that on March 20, the Staff had notified the company that the bid price of its listed securities had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5450(a)(1). Therefore, in accordance with Listing Rule 5810(c)(3)(A), the company was provided 180 calendar days, or until September 18, to regain compliance with the Rule. The Letter goes on to state that for the past 12 consecutive trading days the closing bid price of the company's common stock has been below $0.10 and that, accordingly, pursuant to Listing Rule 5810(c)(3)(A)(iii), this matter serves as an additional basis for delisting the company's securities from Nasdaq. In addition, the Letter refers to the resignation of four of five members of the company's supervisory board in April 2023, including all of its independent members, and states that the company no longer meets the audit committee requirement for continued listing on Nasdaq set forth in Listing Rule 5605(c)(2) and that, as such, this matter further serves as an additional basis for delisting the company's securities from Nasdaq.

16:33 EDT 1847 Holdings announces 1-for-25 reverse stock split - 1847 Holdings announced that it will effect a 1-for-25 reverse stock split of its common shares that will become effective on September 11, 2023. 1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when the market opens on September 11, 2203. The new CUSIP number for the common shares following the reverse split will be 28252B887. Among other considerations, the reverse split is intended to maintain the Company's compliance with the minimum bid price requirement for maintaining the listing of its common shares on NYSE American and to make the bid price more attractive to investors. Ellery W. Roberts, CEO of 1847, commented, "We are effectively executing on our strategic plan and remain on track to achieve $90 million in sales in 2023, not including our recently announced definitive agreement to acquire a premier consumer products company with over $20 million in sales for 2022. Importantly, we are now in a much stronger financial position and recently announced the restructuring of our convertible notes, thereby eliminating the potential equity dilution. Having significantly enhanced our capital structure, we believe this is the ideal time to reverse split our stock, which will reduce our shares outstanding and position us to attract a broader universe of institutional and other investors given the traction in our business. In addition, our cash flow is improving, which we anticipate will allow us to resume dividends and opportunistically repurchase stock in the future, subject to establishing a stock buyback plan and future market conditions. Also, as previously noted, Egan-Jones recently affirmed their BB+ rating on our senior credit facility, which further illustrates the strength of our balance sheet. I have personally purchased shares in the open market, and plan to purchase additional shares subject to limitations within the Company's insider trading policy. Overall, I am more excited than ever about the outlook for the business, and believe this final step in our restructuring will allow us to drive significant value for shareholders in the months and years ahead."

16:06 EDT DoorDash CFO Inukonda sells 7,000 class A shares - In a regulatory filing, DoorDash CFO Ravi Inukonda disclosed the sale of 7,000 class A common shares of the company on August 30 at a price of $81 per share.

15:57 EDT Pennant Group acquires Valor HospiceCare, terms not disclosed - The Pennant Group announced that it has acquired Valor HospiceCare, which provides skilled hospice services in Tucson, Green Valley, and Sierra Vista, Arizona. "We are pleased to expand our operations in the state of Arizona, complementing our Emblem Hospice and Agape Hospice agencies in Tucson and Green Valley, and expanding into Sierra Vista with Valor HospiceCare," said Brent Guerisoli, Chief Executive Officer of Pennant. "Valor has a long standing and deep connection in the communities it serves, and we are honored to carry on this progress, providing life-changing service to the residents of Tucson, Green Valley, and Sierra Vista and their surrounding communities," added John Gochnour, President and Chief Operating Officer of Pennant.

15:32 EDT Caesars Sportsbook launches for registration in Kentucky - Mobile sports betting is coming to Kentucky, and Caesars Entertainment announced that its flagship sports wagering app, Caesars Sportsbook, is now available for download and registration. Sports fans who want to prepare for the launch of mobile sports wagering can download the Caesars Sportsbook app on iOS and Android or visit caesars.com/sportsbook on desktop to register and take advantage of a special early deposit offer when depositing between Sept. 7 and Sept. 27.

14:37 EDT Kentucky First Federal CFO Hulette to retire - Kentucky First Federal Bancorp, the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that R. Clay Hulette has notified Kentucky First Federal Bancorp that effective January 2, 2024, he is retiring from his position as Vice President and Chief Financial Officer of the company and his position as Frankfort Area President of its subsidiary First Federal Savings Bank of Kentucky. Hulette's retirement is not the result of any dispute or disagreement with the company. Following his retirement, Hulette will remain a member of the board of directors of First Federal Savings Bank of Kentucky.

13:46 EDT Activision Blizzard says 'Spyro Reignited Trilogy' has sold over 10M units - Activision Blizzard said that "Spyro Reignited Trilogy," a collection of remakes of the old "Spyro the Dragon" titles released in 2018, has sold 10M units globally. Reference Link

13:03 EDT Baker Hughes reports U.S. rig count down 1 to 631 rigs - Baker Hughes reports the U.S. rig count is down 1 from last week to 631 rigs, with oil rigs unchanged at 512, gas rigs down 1 to 114 and miscellaneous rigs unchanged at 5. The U.S. rig count is down 129 rigs from last year's count of 760 with oil rigs down 84, gas rigs down 48 and miscellaneous up 3. The U.S. offshore rig Count is up 1 to 17, up 1 year-over-year. The Canada rig count is down 3 from last week to 187, with oil rigs down 1 to 115 gas rigs down 2 to 72.

12:43 EDT Interactive Brokers reports August daily average revenue trades down 2% - Interactive Brokers reported its electronic brokerage monthly performance metrics for August. Brokerage highlights for the month included: 1.931M daily average revenue trades, 2% lower than prior year and 3% lower than prior month; Ending client equity of $377.6 B, 22% higher than prior year and 2% lower than prior month, Ending client margin loan balances of $42.1B, 2% lower than prior year and 3% lower than prior month; Ending client credit balances of $99.0B, 3% higher than prior year and about even with prior month; 2.37M client accounts, 19% higher than prior year and 2% higher than prior month.

12:12 EDT Tingo Group issues response to further allegations by Hindenburg - Tingo Group issued a response to further allegations made by short seller Hindenburg Research on August 31, 2023, which read in part, "As clearly explained, independent counsel investigated certain of the Hindenburg allegations and provided an interim report summarizing evidence it had reviewed along with items requiring further investigation. Thereafter, as part of its own investigation into the Hindenburg allegations, outside counsel followed up on the items identified by independent counsel. By way of further clarification, in addition to appointing the U.S. Independent & Internal Investigations team of a leading international law firm, the company engaged a Top 10 U.S. Law Firm as outside counsel to undertake its own investigation, and also the Nigerian offices of a separate global and Top 10 U.S. Law Firm to undertake investigative work in Nigeria. The Company holds accounts with two banks in Africa, one of which is a multi-national bank with offices in the U.S., the U.K. and Europe. As part of the investigations, the legal counsel obtained bank statements and other records directly from the banks. In addition, interviews were conducted with both banks. The bank balances of each company were confirmed at several dates, including at the Quarter End dates of March 31, 2023, June 30, 2023, and as late as August 3, 2023, which reconciled and agreed to each company's accounting records and financial statements. The Company's cash utilization during the second quarter of 2023 is clearly explained within the Company's Form 10-Q, press release and financial results conference call presentation. As stated, the cash utilization included: making an upfront payment of $434.2 million on the purchase of 6 million handsets for new AFAN customers; prepaying AFAN for produce for Tingo Foods and settling their brought forward payables, resulting in a total net outlay of $336.1 million; and self-funding stock purchases of $225.8 million for Tingo DMCCs export sales, the revenues for which are scheduled to be received during the third quarter. In addition, tax payments totaling $174.0 million were made for Tingo Mobile on its taxable earnings for fiscal year 2022. The above expenditures have resulted in an addition of $434 million to the Company's fixed assets, a receivables balance at June 30, 2023 of more than $360 million, and a reduction in current liabilities in the second quarter of more than $270 million. The U.S. dollar denominated balance sheet has however been materially impacted by the devaluation of the Naira against the U.S. dollar, which occurred during June 2023 as a result of the lifting of certain foreign exchange restrictions by Nigeria's new presidential administration...The 38 questions submitted to the Company by Hindenburg on August 9, 2023, were clearly derived from the allegations contained within their report. All the questions pertaining to the Company and its businesses have been addressed through the recently concluded investigations and the Company's press release of August 30, 2023. Furthermore, as stated within our press release of August 30, 2023, having concluded the investigation into the allegations made by Hindenburg against the Company and its businesses, which was deemed to be the highest priority, the Company and its outside counsel will now proceed to investigate Hindenburg's allegations against the founder of Tingo Mobile and Tingo Foods, Dozy Mmobuosi."

12:00 EDT Gray Television falls -9.9% - Gray Television is down -9.9%, or -80c to $7.26.

12:00 EDT Elastic rises 22.3% - Elastic is up 22.3%, or $13.83 to $75.71.

12:00 EDT Heliogen rises 3385.5% - Heliogen is up 3385.5%, or $6.18 to $6.36.

11:52 EDT BAE Systems awarded $797M contract from U.S. Army - BAE Systems received a $797M contract to continue production of the Armored Multi-Purpose Vehicle for the U.S. Army, with additional options for a potential total contract amount of $1.6N. This award brings the AMPV program into full-rate production, making it the first newly-designed and built tracked vehicle in the U.S. Army's fleet to reach this production stage in three decades.

11:24 EDT Human sues U.S. government to block Medicare audit rule - Humana is suing the U.S. government to block an audit rule that would allow Medicare to claw back billions of dolalrs in payments to insurers. In a filing with the U.S. District Court for the Northern District of Texas, Fort Worth Division, Humana said the lawsuit "challenges the federal government's arbitrary and capricious reversal of a policy government payment audits conducted by the Medicare Advantage program." "At stake is the financial stability of this enormously popular government health-insurance program, which provides life-saving healthcare coverage for more than 30 million seniors," the lawsuit reads.

10:00 EDT PagerDuty falls -8.6% - PagerDuty is down -8.6%, or -$2.21 to $23.55.

10:00 EDT Elastic rises 16.7% - Elastic is up 16.7%, or $10.34 to $72.22.

10:00 EDT Heliogen rises 3085.3% - Heliogen is up 3085.3%, or $5.63 to $5.81.

09:50 EDT Charter says Disney insisted on 'unsustainable price hikes' - Charter Communications (CHTR) provided an update on its contract negotiation dispute with The Walt Disney Company (DIS). The company said, "We respect the quality video products that The Walt Disney Company produces as well as the experience of its management team. But the current video ecosystem is broken, and we know there is a better path that will deliver video products with the choice consumers want. The Walt Disney Company and Charter are uniquely capable to lead the way, which is why we are disappointed that thus far they have insisted on unsustainable price hikes and forcing customers to take their products, even when they don't want or can't afford them. They also want to require customers to pay twice to get content apps with the linear video they have already paid for. This is not a typical carriage dispute. It is significant for Charter, and we think it is even more significant for programmers and the broader video ecosystem. We have proposed a model to The Walt Disney Company that we believe creates better alignment for the industry and better products for customers. It is a model that could both stabilize linear video and create a clear growth path for direct-to-consumer video, with a more customer-friendly and financially attractive end-state for programmers...We offered The Walt Disney Company a shorter-term contract extension, with penetration minimums that would allow us to continue to provide flexible options to consumers. However, The Walt Disney Company has informed us that they would not be willing to accept a contract extension...With The Walt Disney Company, we have proposed a model that we believe creates better alignment for the industry and better options for our customers. We are at the edge of the precipice, which The Walt Disney Company itself forecasted. For more than a decade, executives and analysts have acknowledged that the path of linear video is unsustainable, and the business model must evolve...We think the opportunity for customers and all of us as market participants is too big, too important, and too timely to pass up. The Walt Disney Company and Charter have the opportunity to work together on transforming the industry for the long-term benefit of both companies and their customers. Without them, we need to pivot to other models to drive value for our connectivity relationships. We are either moving forward together with a collaborative business model, or we're moving on."

09:47 EDT Olin falls -8.9% - Olin is down -8.9%, or -$5.18 to $52.84.

09:47 EDT Elastic rises 16.8% - Elastic is up 16.8%, or $10.38 to $72.27.

09:47 EDT Heliogen rises 3233.3% - Heliogen is up 3233.3%, or $5.90 to $6.08.

09:42 EDT SeqLL Inc trading resumes

09:39 EDT TradeUP Acquisition Corp trading resumes

09:34 EDT TradeUP Acquisition Corp trading halted, volatility trading pause

09:33 EDT iCoreConnect Inc trading halted, volatility trading pause

09:32 EDT SeqLL Inc trading halted, volatility trading pause

09:30 EDT Patterson-UTI, NexTier Oilfield Solutions complete merger - Patterson-UTI Energy announced the completion of its previously announced all-stock merger with NexTier Oilfield Solution, creating a leading provider of drilling and completions services in the United States. The combined company will retain the name Patterson-UTI Energy, Inc., continue trading under the ticker symbol PTEN and maintain its headquarters in Houston, Texas. The Company's U.S. Contract Drilling business has 172 super-spec drilling rigs and its U.S. Well Completions business, which will operate under the NexTier Completions brand, has 3.3 million hydraulic fracturing horsepower. The transaction is expected be accretive to both earnings per share and free cash flow in 2024. The Company expects to realize annual cost savings and operational synergies of approximately $200M within 18 months following the merger closing. Patterson-UTI intends to target high free cash flow conversion, remain good stewards of capital and continue its practice of targeting a return of 50% of free cash flow to shareholders.The combined company's proven management team reflects the strengths and capabilities of both organizations and includes: Andy Hendricks, President and Chief Executive Officer; Andy Smith, Executive Vice President and Chief Financial Officer; Mike Holcomb, Executive Vice President and Chief Business Officer; Matt Gillard, President of NexTier Completion Solutions; Ken Berns, Executive Vice President and Chief Commercial Officer; Seth Wexler, Senior Vice President, General Counsel and Secretary; Kenny Pucheu, Chief Integration Officer. Board of Directors: Patterson-UTI's Board includes the following 11 members, six of whom are from the Patterson-UTI Board and five of whom are from the NexTier Board: Curtis Huff, Chairman; Robert Drummond, Vice Chairman; Andy Hendricks; Leslie A. Beyer; Tiffany Thom Cepak; Gary M. Halverson; Cesar Jaime; Janeen S. Judah; Amy H. Nelson; Julie J. Robertson; James C. Stewart.

09:23 EDT Amgen, Horizon Therapeutics confirm resolution of FTC lawsuit - Amgen (AMGN) and Horizon Therapeutics (HZNP) announced the entry into a consent order agreement with the Federal Trade Commission that resolves the pending FTC administrative lawsuit. This clears the path to take the final steps to close Amgen's acquisition of Horizon. As a result of the consent order agreement, Amgen and Horizon expect that the parties will jointly file stipulated proposed orders to dismiss the preliminary injunction motion and dissolve the temporary restraining order in the U.S. District Court for the Northern District of Illinois, and that Amgen and Horizon will quickly seek the final approvals required under Irish law to close the acquisition. Amgen has consistently stated to the FTC, the courts and the public that it has no reason, ability or intention to bundle Horizon's TEPEZZA or KRYSTEXXA with any of its products. This narrow assurance, formalized in the consent order with the FTC, will have no impact on Amgen's business. The companies anticipate being able to close the acquisition in early fourth-quarter 2023.

09:07 EDT Rivian Automotive appoints Kjell Gruner as chief commercial officer - Rivian Automotive announced it has appointed Kjell Gruner as its chief commercial officer and president, business growth. Gruner is joining Rivian from Porsche Cars North America, or PCNA, where he was most recently president and CEO. Gruner starts at Rivian immediately and will report directly to Rivian Founder and CEO RJ Scaringe. At Rivian, Gruner will oversee Rivian's commercial function.

09:03 EDT Norfolk Southern provides technology outage update - Norfolk Southern Corporation announces it has substantially completed a root-cause analysis of the system outage that occurred on Monday and the company provided the following update on the findings to date: "We are substantially complete with a root-cause analysis of this outage. To date, we have found no indication that this was related to an unauthorized cybersecurity incident. Norfolk Southern's data storage system is manufactured and maintained by a leading global technology provider. During a routine maintenance procedure being performed by our vendor, a defect in their software created an error which caused both our primary and recovery data storage systems to become unresponsive. This in turn affected our core operational systems. We are working closely with the vendor to understand the steps they are taking to strengthen their systems to prevent this incident from reoccurring and identify opportunities for Norfolk Southern to become more resilient. Throughout this, our IT team worked tirelessly to restore our systems, our Marketing team worked closely with customers to keep them informed, and our Operations team safely brought our network back online. We are making progress on the temporary backlog of trains that resulted from this incident, and expect a full recovery of network fluidity in the coming weeks."

08:51 EDT Amgen reaches settlement with FTC on Horizon Therapeutics takeover - Amgen (AMGN) has reached a settlement with the FTC that will allow the company to move forward with its takeover of Horizon Therapeutics (HZNP) after accepting a binding deal that the combined company will bundle together some of its drugs.

08:38 EDT AMC reports 'Taylor Swift The Eras Tour' concert film sells $26M in one day - AMC Theatres announced that "Taylor Swift The Eras Tour" concert film is now officially a record-breaking movie. The film, which was announced with tickets on sale Thursday morning, shattered records for single-day advance ticket sales revenue at AMC. Thursday's ticket sales represented $26M in ticket-sales revenue, a new record for ticket sales for a single title on one day at AMC. Additionally, less than three hours after tickets went on sale for "Taylor Swift The Eras Tour" concert film, it shattered the first-day, 24-hour ticket sales revenue record at AMC. Recognizing this unprecedented demand, AMC is adding additional showtimes to increase capacity where necessary and available. During its run at AMC, "Taylor Swift The Eras Tour" concert film will play at least four showtimes per day on Thursdays, Fridays, Saturdays, and Sundays, at every AMC theatre location in the United States.

08:34 EDT Carisma Therapeutics to report latest data from Phase 1 trial of CT-0508 - Carisma Therapeutics will present findings at the 8th Annual CAR-TCR Summit from its Phase 1 clinical trial of the company's lead product candidate, CT-0508, a human epidermal growth factor receptor 2 targeted chimeric antigen receptor macrophage for the treatment of advanced/metastatic HER2 overexpressing cancers. The presentation includes data from group 1 and group 2. Patients in both groups received the same total dose either via a fractionated, multi-day infusion regimen or via a single-day bolus infusion. The data are drawn from the ongoing clinical trial led by Kim A. Reiss, MD, principal investigator of the Phase 1 clinical trial and an associate professor of Hematology-Oncology in the Perelman School of Medicine at the University of Pennsylvania. In the presentation, Michael Klichinsky, PharmD, PhD, Co-Founder and Chief Scientific Officer at Carisma, will present data demonstrating that, in both groups, CT-0508 was successfully manufactured for patients and that the administration of CT-0508 was well-tolerated after infusion with no dose-limiting toxicities reported to date.

08:33 EDT German American Bancorp announces Arnett will join company as SVP, CLO - German American Bancorp announced that Bradley Arnett will join the Company as Senior Vice President, Chief Legal Officer, CLO, and Corporate Secretary effective September 25. He will report to Chairman and Chief Executive Officer D. Neil Dauby and be a member of the company's Executive Committee. Arnett has practiced law for more than 20 years, most recently as a partner at Dentons, a global law firm with offices throughout Indiana, Kentucky and Ohio.

08:32 EDT Vita Coco celebrates World Coconut Day on Roblox - The Vita Coco Company (COCO) is celebrating World Coconut Day on Roblox (RBLX) this September 2 by introducing a new giant coconut just off the coast of Coconut Island in "The Coconut Grove." Visitors of The Coconut Grove can play new mini games and challenges inside the giant coconut that will teach them about responsible farming practices and help support the brand's Seedlings for Sustainability efforts. The experience allows visitors to learn new coconut facts, including the many ways coconuts can be used. They will also earn CocoCoins and event points that can be redeemed for exclusive avatar wearables.

08:28 EDT Correction: Celsius Holdings did not sign deal with US Bitcoin Corp - A prior alert was tagged in error with energy drink maker Celsius Holdings (CELH).

08:21 EDT Robinhood purchased 55.27M shares of company stock from USMS - In a regulatory filing, Robinhood Markets disclosed that on August 30, the company entered into a Share Purchase Agreement with the United States Marshal Service, or "USMS," for and on behalf of the United States, pursuant to which the company agreed to purchase 55,273,469 shares of the company's Class A common stock from the USMS. The transaction closed on August 31. "The sale of the Shares was approved by the United States District Court for the Southern District of New York pursuant to an interlocutory sales order, granted on August 28, 2023, providing for the sale of the Shares to the company free and clear of any claims, interests, liens and encumbrances. Pursuant to the Share Purchase Agreement, the company purchased the Shares for an aggregate purchase price of $605,694,411.59, or approximately $10.96 per share, which was determined based on the arithmetic average of the per share volume-weighted average price of the company's Class A common stock over each of the five consecutive trading days preceding August 13, 2023, the date on which the United States filed a motion under seal with the United States District Court for the Southern District of New York requesting the Order. The company funded the purchase of the Shares from corporate cash available from its balance sheet. The company previously announced on February 8, 2023 that its Board of Directors had authorized it to pursue purchasing most or all of the Shares. As previously disclosed, the Shares were originally acquired by Emergent Fidelity Technologies, Ltd. The Shares were seized and were subsequently transferred to the custody of the United States," the filing states.

08:05 EDT LuxUrban Hotels announces commitment to non-dilutive funding - LuxUrban Hotels announced its commitment to growing the business through non-dilutive funding options. As previously announced, the company entered into an agreement with Wyndham Hotels & Resorts under which the company's existing portfolio of hotels and future properties will be added to the Trademark Collection by Wyndham brand. Under the agreement, Wyndham will provide the company with approximately 50% or more of all capital required for new acquisitions based on the company's current and historic underwriting guidelines. As the company opens new hotels on the Wyndham platform, Wyndham will reimburse LuxUrban approximately 50% of the security deposit in the form of "key money" to be used for ongoing working capital, capital improvements, and new hotel acquisitions. This provides LuxUrban with 150% or more of buying power on new hotel openings and delivers capital back into the business as it opens new hotels. The company expects to open at least 60% of its current hotels under the Trademark Collection banner by September 30 with the balance of its properties integrated by the end of the 2023 fourth quarter. This schedule would provide the company with an estimated additional $7.1M of non-dilutive growth and working capital through 2023. Any new hotels acquired by the company and added to the Wyndham platform would be incremental to the estimated $7.1M with no substantive limitations on growth of the joint portfolio. The company's existing property pipeline is robust and actionable, offering the opportunity to accelerate growth beyond its prior expectations through 2024 with the use of non-dilutive capital via its relationship with Wyndham Hotels & Resorts and the exploration of other non-dilutive financing opportunities. In addition, Greenle Partners, the company's second largest shareholder, has agreed to waive all registration rights on all prior share issuances, and any new share issuances as they occur, for a minimum of 12 months on a rolling basis from the date of issuance assigned to each tranche of shares eligible for registration. Under the original agreement between the company and Greenle, the shares covered by this waiver were eligible to be sold at specified dates and amounts ending in 2025. As previously announced, the shares owned and to be issued to Greenle were acquired in exchange for the elimination of the entirety of $9.8M of senior secured debt and an estimated $87.5M in revenue share payment obligations. These shares will continue to be subject to a blocker provision which restricts Greenle's beneficial ownership to 9.9% of the company's outstanding common stock, as well as leak out provisions and certain lockups ending in 2025.

08:04 EDT Xunlei announces resignation of two directors on its Board of Directors - Xunlei announced the resignation of Sean Shenglong Zou and Hui Duan as directors of the Company for personal reasons from August 31, 2023.

08:02 EDT Centogene announces publication on utility of lyso-Gb1 - CENTOGENE announced data confirming the utility of lyso-Gb1 as a sensitive biomarker for Gaucher disease. The findings from this landmark study which were published in Diagnostics in a paper titled, "Insights into the value of lyso-Gb1 as a predictive biomarker in treatment-naive patients with Gaucher disease type 1 in the LYSO-PROOF study," also indicate lyso-Gb1 could help to predict the clinical course of patients and improve personalized care of GD patients in the future. The study, which included 160 treatment-naive GD patients from Israel, Russia, Pakistan, Egypt, Iran, Morocco, Algeria, India, Spain, Albania, Greece, Sweden, Columbia, and Tunisia, is one of the largest studies to examine Gaucher patients who have never received disease-specific treatment. CENTOGENE utilized CentoCard, the Company's proprietary, CE-marked dried blood spot collection kit in combination with state-of-the-art biochemical and sequencing technologies to screen for mutations in the GBA1 gene and establish a GD diagnosis.

07:41 EDT Charter says Disney declined proposal, pulled video channels - In a presentation regarding the status of its distribution agreement with Disney (DIS), Charter (CHTR) said the following: "The multichannel video product is too expensive and packages don't meet consumer needs; Customers are leaving the traditional video ecosystem and losses have accelerated; We still believe video is an important part of our connectivity offering, but the video product has been devalued and the ecosystem is broken; Disney - so far - has insisted on a traditional long-term deal with higher rates and limited packaging flexibility; Charter proposed a model that creates a better value for consumers and the industry; Disney declined our proposal and pulled its video channels from Charter's video customers on August 31." Reference Link

07:38 EDT Walgreens Boots Alliance CEO Rosalind Brewer steps down - Walgreens Boots Alliance announced that the board of directors and Rosalind Brewer have mutually agreed that Brewer will step down as the company's CEO and as a member of the board, as of August 31. The board has appointed Ginger Graham, current lead independent director of WBA, as the company's interim CEO. Brewer has agreed to continue to advise WBA while the company conducts a search for a permanent CEO.

07:33 EDT Virax Biolabs names Dr. Nigel McCracken as COO - Virax Biolabs announced the appointment of Dr. Nigel McCracken as the company's COO. Dr. McCracken will succeed Cameron Shaw, who is moving to Virax's Advisory Board, and will lead the company's various growth initiatives, including the company's expected near-term research-use-only launch of ViraxImmune. In addition, Mark Ternouth, Virax's current Chief Technology Officer, will be joining the company's Board of Directors. Ternouth brings decades of experience with companies such as KPMG, PricewaterhouseCoopers, COLT Telecom, John Lewis Partnership and the United Kingdom's Home Office and Ministry of Justice.

07:10 EDT Hyundai Motor, LG Energy Solution to invest additional $2B in Georgia plant - Georgia Governor Brian Kemp announced Thursday that Hyundai Motor Group and LG Energy Solution will invest an additional $2B in their battery cell manufacturing joint venture at the Metaplant in Bryan County, raising the JV's total investment value to more than $4.3B. This expansion will create another 400 new jobs. In May 2023, Hyundai Motor Group and LGES signed a memorandum of understanding establishing LGES as the partner for Hyundai Motor Group Metaplant America's onsite battery cell manufacturing JV. With today's announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59B in investment and will create 8,500 new jobs for the region over the next eight years. Reference Link

07:04 EDT Bitfarms mines 383 new bitcoin in August - Bitfarms provides a Bitcoin production and mining operations update for August 2023. Operating Highlights: 5.6 EH/s online as of August 31, 2023, up 43.5% from August 31, 2022 and up 5.7% from July 31, 2023. 5.1 EH/s average online, up 3.3% from July 2023. 74.6 BTC/average EH/s, down 2.0% from 76.1 in July 2023. 383 BTC mined, up 1.3% from July 2023 and down 28.3% from August 2022. 12.4 BTC mined daily on average, equivalent to about $337,300 per day and approximately $10.5 million for the month based on a BTC price of $27,200 on August 31, 2023. Fully utilized remaining miner credits with the purchase of: 8 MicroBT 2.4 MW Hydro Containers and 1,920 MicroBT M53S+ Hydro Miners for deployment to new 50 MW Paso Pe farm in development; 1 MicroBT 1 MW Hydro Container and 100 MicroBT M53S+ Hydro Miners for deployment in Quebec. Purchased 900 M50 118 TH Miners for $13/Th for deployment in Quebec and Argentina with cash. At Paraguay, initiated first phase of development for 150 MW hydropower contracts. At Rio Cuarto, Argentina: Increased hashrate to 960 PH; Completed planned deliveries with receipt of 3,150 Bitmain S19J Pro+ and 710 S19j Pro miners; Planned deliveries of 1,068 M50 and 2,549 Bitmain S19J Pro+ on schedule for September installation and energization. At Magog, Quebec, increased hashrate 49% to 340 PH with the installation of 2,862 S19 Pro+ miners. At Baie-Comeau, Quebec: Consistently operated at about 5 MW throughout August and on track to reach 11 MW in September 2023; Installed total of 2,535 Whatsminer M31S+ miners redeployed from Magog. At Washington, upgraded ventilation and cooling systems, increasing average uptime.

07:01 EDT Universal Stainless & Alloy reaches labor agreement at Bridgeville facility - Universal Stainless & Alloy Products announced that it has reached a new five-year collective bargaining agreement with the hourly employees at its Bridgeville facility represented by Local 9531 of the United Steelworkers. The new five-year agreement has been ratified by the bargaining unit and is effective as of September 1, 2023 when the prior labor agreement was scheduled to expire. The new contract maintains the flexible work rule terms and profit-sharing incentives contained in the prior agreement. Dennis Oates, Chairman, President and Chief Executive Officer, commented: "We are very pleased that we have a new labor agreement at our Bridgeville facility that is in the best interests of our employees, customers and shareholders. Demand in the aerospace industry remains robust and our backlog remains at record levels. With this agreement in place and the ongoing commitment of our entire team, we are fully equipped to capture the substantial opportunity in our markets."

06:14 EDT Hansa Biopharma appoints Hitto Kaufmann as chief scientific officer - Hansa Biopharma (HNSA) announced that Hitto Kaufmann has been appointed as Hansa's chief scientific officer, or CSO, effective December 1. As CSO, Kaufmann will be responsible for all research, early development, translational and manufacturing activities. He will report to president and CEO Soren Tulstrup and serve as a member of Hansa's executive committee. Kaufmann joins Hansa from Pieris Pharmaceuticals (PIRS) where he has served as chief scientific officer since 2019.

05:34 EDT Nio delivers 19,329 vehicles in August - Nio announced its August delivery results. Nio delivered 19,329 vehicles in August, representing an increase of 81% year-over-year. The deliveries consisted of 12,015 premium smart electric SUVs, and 7,314 premium smart electric sedans. Cumulative deliveries of Nio vehicles reached 383,908 as of August 31.

05:08 EDT Li Auto delivers 34,914 vehicles in August - Li Auto announced that the company delivered 34,914 vehicles in August, up 663.8% year over year, with monthly deliveries for each of the three Li L series models exceeding 10,000 vehicles. The cumulative deliveries of Li Auto vehicles in 2023 reached 208,165 as of the end of August.