Stockwinners Market Radar for September 03, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

HLX SHEL

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20:54 EDT Helix announces long-term agreement in Gulf of Mexico - Helix Energy Solutions (HLX) announced it has entered into a new multi-year contract with Shell Offshore (SHEL) commencing in 2025 to continue providing well intervention services in the U.S. Gulf of Mexico. Under the contract, Helix will provide an increased minimum number of days annually with the Q5000 riser-based well intervention vessel, Intervention Riser Systems, remotely operated vehicles, and project management and engineering services to cover fully integrated operations from production enhancement to plug and abandonment well services. The operations also include equipment that is part of the Subsea Services Alliance, which combines the collective strengths and capabilities of Helix and SLB. Scotty Sparks, Helix's Executive Vice President and Chief Operating Officer, stated, "We are pleased to announce that Helix has successfully executed a long-term contract with Shell, a valued customer we have safely worked with on numerous projects around the world and with whom we look forward to continuing our excellent relationship. The contract is reflective of improving market conditions and increased demand for Helix's assets and services, as we continue executing on our strategy by providing best-in-class and global leading well intervention services."
LUV

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20:31 EDT Southwest discloses 100% completion factor on Labor Day - The company states: "Southwest Airlines closed out summer travel with zero cancellations on Labor Day, highlighting yet another reliable operation during the airline's peak season. Southwest Employees delivered world-class Hospitality by connecting more than 1.8 million Customers to what's important in their lives during the final summer travel weekend. On more than 14,500 scheduled flights, Southwest achieved a 99.9 percent completion factor to lead the industry in domestic flight completion coming out of the Labor Day holiday. For the entire summer travel period2, the airline carried a record number of more than 54 million Customers across more than 414,000 flights. Ontime performance improved by two percentage points compared with 2023, along with a 99.3% completion factor."
RXRX

Hot Stocks

20:13 EDT Cathie Wood's ARK Investment bought 412K shares of Recursion Pharmaceuticals
NTLA

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20:12 EDT Cathie Wood's ARK Investment bought 186K shares of Intellia Therapeutics today
TLPPF

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18:55 EDT Telix says IPAX-1 Phase I study published in Neuro-Oncology Advances - Telix Pharmaceuticals Limited announced that the company's IPAX-1 Phase I study has been published in Neuro-Oncology Advances, confirming the safety and tolerability profile, and early efficacy of TLX101 therapy, in combination with external beam radiation therapy in recurrent glioblastoma, the most common and aggressive form of primary brain cancer. TLX101 is a systemically administered targeted radiation therapy that targets L-type amino acid transporter 1, which is typically over-expressed in GBM. In the first peer-reviewed publication of the IPAX-1 study, Professor Josef Pichler and colleagues report that single or fractionated doses of TLX101 plus EBRT were associated with acceptable tolerability and specific tumor-targeting in patients with recurrent GBM. Authors explain that the study delivered encouraging preliminary efficacy data, demonstrating a median overall survival of 13 months from the initiation of treatment, or 23 months from initial diagnosis. Given that GBM has a median survival from initial diagnosis of 12-15 months, authors conclude that findings from the IPAX-1 study "support further investigation into the use of TLX101 plus EBRT, including its potential as a first line treatment".
BFST

Hot Stocks

18:22 EDT Business First Bancshares gets regulatory approval for Oakwood Bancshares merger - Business First Bancshares announced it has received all required regulatory approvals and non-objections to complete its merger with Oakwood Bancshares, Inc., the holding company for Oakwood Bank, a Texas banking association. On August 27, 2024, Oakwood's shareholders voted to approve the merger. Upon completion, it is expected that b1BANK's assets will increase to approximately $7.6 billion, with over $5.9 billion in consolidated total loans. This will also add four full-service banking centers to b1BANK's footprint in the Dallas-Fort Worth metropolitan area, as well as one branch in each of Snyder and Oakwood, Texas. Roy J. Salley, chairman and chief executive officer of Oakwood Bank, will join b1BANK as regional chairman, Dallas, and William G. Hall, chairman of Oakwood Bancshares, Inc., will be appointed to the boards of directors of Business First and b1BANK.
CIFR

Hot Stocks

18:21 EDT Cipher Mining reports 160 BTC mined and 136 BTC sold in August - The company states: "Cipher delivered a solid month of production during a hot August in Texas. As expected over the summer, the Company saw meaningful curtailment from its power provider at the Odessa data center during the month. In August, the Company also qualified as a well-known seasoned issuer and, with that new filing status, today filed a new shelf registration statement that provides flexibility to raise debt, equity or hybrid instruments for accretive opportunities. Cipher produced ~1601 BTC in August. As part of its regular treasury management process, Cipher sold ~136 BTC in August, ending the month with a balance of ~2,284 BTC."
CX

Hot Stocks

18:01 EDT Cemex acquires majority stake in RC-Baustoffe Berlin recycling company - Cemex announced that it has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co., a recycling company and part of the Heim Group, as part of its ongoing efforts to grow its circularity business. The Berlin-based company processes mineral construction, demolition, and excavation materials. This acquisition will integrate with Regenera, Cemex's business that provides circularity solutions to extend the life cycle of construction products and materials through reuse in value-added products. The acquired recycling facility can process up to 400,000 tons of material per year, which Regenera will turn into repurposed aggregates for concrete production, reintroducing them into the construction value chain. In addition to its recycling capabilities, RC-Baustoffe Berlin operates the first plant to permanently store biogenic CO2 in recycled mineral waste in Germany. Regenera recovered over 9 million tons of CDEM in 2023 and has an objective of recovering over 14 million tons annually by 2030.
LASE

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17:34 EDT Laser Photonics regains compliance with Nasdaq listing requirements - Laser Photonics Corporation announced that the company received a letter from Nasdaq stating that the company was now in compliance with Listing Rule 5250(c)(1).
NOC

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17:13 EDT Northrop Grumman awarded $197.5M U.S. Navy contract - Northrop Grumman Defense Systems, Rocket Center, West Virginia, is awarded a $197,516,776 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the full rate production of 56,000 FMU-139D/B Bomb Tactical Electronic Fuze systems. Additionally, this contract procures 500 FMU-139D/B Fuze, accessory kits; 50 FMU-139D(D-1)/B Fuze system inserts; 2,000 FMU-139D(D-2)/B inert load crew training Fuze systems; 50 FMU-139D(D-5)/B inert cut away Fuzes; 100 FZU-48A/B bomb initiators; 100 power cables; and 100 closure rings; as well as associated non-recurring engineering, data and first article testing in support of the Joint Direct Attack Mission family of weapons for the Navy, Air Force, and Foreign Military Sales customers. Work will be performed in Rocket Center, West Virginia (91.09%); Plymouth, Minnesota (7.54%); and Camden, Arkansas (1.37%), and is expected to be completed in December 2029.
ASND

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17:11 EDT Ascendis Pharma sees FY24 SKYTROFA revenue at EUR 220M-240M
ASND

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17:09 EDT Ascendis Pharma, Royalty Pharma enter $150M royalty funding deal - The company states: "Ascendis Pharma A/S (ASND) and Royalty Pharma plc (RPRX) announced that Ascendis Pharma Bone Diseases A/S, a wholly-owned subsidiary of Ascendis Pharma A/S, has entered into a $150 million capped synthetic royalty funding agreement with Royalty Pharma based on U.S. net sales of YORVIPATH. Under the terms of the agreement, Ascendis receives an upfront payment of $150 million in exchange for a 3% royalty on U.S. net sales of YORVIPATH. The royalty payments to Royalty Pharma will cease upon reaching a multiple of 2.0x, or 1.65x if Royalty Pharma receives royalties in that amount by December 31, 2029." "We are pleased to again partner with Royalty Pharma, a leading funder of innovation across the biopharma industry, as we launch YORVIPATH in the U.S. as the first and only FDA approved treatment of hypoparathyroidism in adults," said Jan Mikkelsen, CEO "This transaction reflects the significant value of YORVIPATH and our commitment to reduce our cost of capital while maintaining flexibility to support our global commercial capabilities."
PFE

Hot Stocks

17:01 EDT Acepodia enters strategic clinical collaboration with Pfizer - Acepodia, a clinical-stage biotechnology company developing first-in-class cell therapies with its unique Antibody-Cell Conjugation and allogeneic gamma delta 2 T cell platforms, announced that it has entered a strategic clinical collaboration with Pfizer Ignite to support the development of its therapies in autoimmune diseases. Pfizer Ignite is an end-to-end offering that leverages Pfizer's significant resources, scale, and expertise, alongside a proven track record in the development of breakthroughs, to support biotechs seeking to accelerate their innovations from preclinical R&D through the development lifecycle. Under this new agreement, Pfizer Ignite will provide strategic guidance and resources to Acepodia as the company develops its cell therapies for oncology and autoimmune diseases. Acepodia's ACC platform, which uses bioorthogonal chemistry and is based on the pioneering work of 2022 Nobel laureate Dr. Carolyn Bertozzi, who applied click chemistry to living systems, creates an off-the-shelf, non-genetically engineered version of CAR-T cell therapy that is more easily scaled and avoids cytokine release storms, neurotoxicity, and other side effects associated with CAR-T cell therapies. Acepodia's lead clinical candidate, ACE1831, is currently being evaluated in a Phase 1 first-in-human clinical trial for patients with non-Hodgkin's lymphoma and has demonstrated a robust and durable effect after a single treatment at the lowest dose. "The significant unmet needs that exist in autoimmune diseases combined with the early positive results that have been seen with CAR-T therapies have opened the door for potential innovations that could provide the efficacy of CAR-T therapy without the challenges that have made routine use of CAR-T in autoimmune diseases difficult," said Sonny Hsiao, Ph.D., chief executive officer of Acepodia. "We see a significant opportunity to bring the benefits of our ACC platform to autoimmune diseases, and working with Pfizer Ignite will position us well to deliver our immunotherapies to patients in desperate need of new options."
SPGI

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16:57 EDT S&P Global Ratings to pay $20M to resolve SEC investigation - As part of an industry-wide investigation into off-channel communications by the U.S Securities and Exchange Commission, S&P Global Ratings, a division of S&P Global, and certain other nationally recognized statistical rating organizations, reached a settlement to resolve violations of recordkeeping rules. The matter was previously disclosed by S&P Global in its public filings. SPGR agreed to pay a penalty of $20M as part of the resolution. In the SEC's order, the SEC recognized SPGR's remedial acts and its cooperation with the SEC staff.
SOC

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16:55 EDT Sable Offshore updates on Santa Barbara County installation decision - Earlier this morning, in an 8-K filing, the company stated: "Santa Barbara County on August 30, 2024, acknowledged that the County does not have jurisdiction over Pacific Pipeline Company's installation of 16 new safety valves in the County along PPC's Las Flores Pipeline System in accordance with Assembly Bill 864. The County's acknowledgement was delivered in the form of a conditional settlement agreement dated August 30, 2024 among the County, PPC and PPC's parent company Sable Offshore Corp. and a subsequent acknowledgement by the County's planning and development staff. The Safety Valve Settlement Agreement is predicated upon a prior settlement agreement between PPC's predecessor in interest, Celeron Pipeline Company, and the County in a federal case styled Celeron Pipeline Company of California v. County of Santa Barbara, which was executed in 1988. Pursuant to the Safety Valve Settlement Agreement, PPC agreed to the following additional surveillance and response enhancements in the County: i. PPC will create a Santa Barbara County-based Surveillance and Response Team, trained in PPC's Tactical Response Plan, which will be responsible for timely initial incident response and equipped with key resources to deploy in early containment, particularly for those regions of the Pipeline between Gaviota and Las Flores Canyon; ii. PPC will provide Santa Barbara first responders with additional training and equipment to assist in PPC's incident response efforts; and iii. PPC will undertake the following Pipeline system enhancements: (1) install and operate and maintain primary and secondary Operations Control Centers in Santa Barbara County, and (2) refurbish the Gaviota pump in its existing station."
ZS

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16:38 EDT Zscaler down 10% after Q4 results, FY25 guidance
DXR

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16:38 EDT Daxor CEO says NAV increased to $6.75 p/s from $6.33 last year this time - Daxor Corporation CEO said in part: "Our Net Asset Value NAV has increased to $6.75 per share, up from $6.33 per share at this time last year. More impressively, our unaudited revenue for the first half of 2024 has more than doubled compared to the same period in 2023, marking a year-on-year growth exceeding 100%. This substantial increase is attributed to rising sales from existing customers and the addition of fourteen new accounts so far this year, already surpassing the twelve new accounts added in 2023. Our Operating Division is making significant strides towards profitability. The net cash investment for the first half of 2024 was $1.297 million, a substantial reduction from $2.445 million in the first half of 2023. This improvement comes despite increased spending on sales expansion and R&D for our upcoming product launch, demonstrating our commitment to efficient capital allocation. Looking ahead, we remain confident in achieving operational positive cash flow by the end of Q4 2024, driven by our commercial growth and newly awarded government contracts.Expansion and Recognition: Our BVA technology continues to gain traction nationwide. Notable achievements include:Launch of our BVA program at the largest integrated network in the Mid-South..."
ZS

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16:38 EDT Zscaler reports change in non-GAAP measures presentation - The company said: "Effective August 1, 2024, the beginning of Zscaler's fiscal year ending July 31, 2025, we are using a long-term projected non-GAAP tax rate of 23% for the purpose of determining our non-GAAP net income and non-GAAP net income per share to provide better consistency across interim reporting periods in fiscal 2025 and beyond. Given the significant growth of our business and non-GAAP operating income, we believe this change is necessary to better reflect the performance of our business. We have included a table in this earnings release illustrating the impact of this change to these non-GAAP financial measures to all periods presented. We will continue to assess the appropriate non-GAAP tax rate on a regular basis, which could be subject to change for a variety of reasons, including the rapidly evolving global tax environment, significant changes in our geographic earnings mix, or other changes to our strategy or business operations."
CLLS

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16:35 EDT Cellectis publishes pre-clinical evidence MUC1 CAR T-cells reducing certain BC - Cellectis published a scientific article in Science Advances suggesting that TALEN -edited MUC1 CAR T-cells could be a potential treatment option for advance-stage triple negative breast cancer TNBC patients with limited therapeutic options. In this article, Cellectis described its multi-layered CAR T-cell engineering strategy using TALEN and synthetic biology to multi-armor CAR T-cells with synergistic functionalities to overcome the immunosuppressive tumor microenvironment of solid tumors. With this strategy, Cellectis demonstrates enhanced cytotoxic activity of MUC1 CAR T-cells armored with PD1KO, tumor-specific IL12 release and TGFBR2KO attributes, all of them catered towards the TNBC TME, in intravenous and intratumoral mouse models. "Complexity of solid tumors decreases the efficacy of CAR T-cell therapies. With this pre-clinical study, we showed that TALEN(R)-mediated multiplex editing can support CAR T-cells in effectively mounting an anti-tumor response to clear breast tumors...Importantly, intratumoral treatment effectively reduced local and distant tumors of large size using low doses of multi-armored MUC1 CAR T-cells. This pre-clinical data suggests that the benefits of antigen recognition are maintained at distant sites and highlights the potential to address metastasis with local administration.
BTSG

Hot Stocks

16:33 EDT BrightSpring Health completes acquisition of Haven Hospice - BrightSpring Health Services announced that it completed the acquisition of the assets of North Central Florida Hospice and Haven Medical Group, a Florida-based company holding a Certificate of Need for comprehensive hospice care services in 18 counties in north central Florida, effective September 1, 2024. BrightSpring's acquisition of Haven allows the company to provide advance care planning, palliative, and hospice services throughout Florida Agency for Health Care Administration service areas 3A, 4A, and 4B. Total consideration for the acquisition is $60M, with $15M in cash paid on September 1, $30M in company equity granted on September 1, and an additional $15M in a seller note payable on September 1, 2028.
BDX EW

Hot Stocks

16:32 EDT Becton Dickinson completes purchase of Critical Care from Edwards Lifesciences - BD (BDX) announced it has completed the acquisition of Edwards Lifesciences' (EW) Critical Care product group, which will be renamed as BD Advanced Patient Monitoring. BD Advanced Patient Monitoring will operate as a separate business unit within BD's Medical segment to align with its smart connected care approach, and it will maintain its presence in Irvine, Calif. Katie Szyman, who has served as corporate vice president of the business under Edwards since 2015, has been named worldwide president of BD Advanced Patient Monitoring, reporting to Mike Garrison, executive vice president and president of the BD Medical segment. The completion of the acquisition is expected to have an immaterial impact to the previously disclosed BD fiscal year 2024 guidance provided in the August 1 third quarter earnings news release.
PECO

Hot Stocks

16:31 EDT Phillips Edison increases monthly dividend distribution by 5.1% to 10.25c p/s - Phillips Edison & Company announced that its Board of Directors approved a 5.1% increase to the monthly dividend distributions payable October 1, and November 1, to common stockholders of record as of September 16 and October 15 respectively. The Board approved the distribution at a rate of 10.25c per share of the Company's common stock. When annualized, this is equal to a rate of $1.23 per share, representing an increase of 5.1% over the previous annualized rate of $1.17 per share. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Jeff Edison, Chairman and Chief Executive Officer of PECO stated: "The continued strength of our operating performance and growth of our cash flows allow us to increase our monthly dividend distribution once again. This increase is attributed to the success of our differentiated and focused strategy of owning right-sized, high-quality, grocery-anchored neighborhood shopping centers, the PECO team's ability to drive results at the property level and the many advantages of the suburban markets where we operate our centers. The PECO team is well positioned to continue to deliver solid earnings growth, market-leading operating metrics and long-term value creation."
FWRG

Hot Stocks

16:31 EDT First Watch Restaurant appoints Rob Conti as Chief Information Officer - First Watch Restaurant Group announced the promotion of Rob Conti to Chief Information Officer. Joining First Watch in 2019, he previously served as senior VP of Information Technology, and brings to the role more than 25 years of experience leading technology solutions and services for prominent hospitality brands. At First Watch, he is responsible for setting the organization's IT strategy and roadmap, and ensuring successful integration of technology initiatives and programs.
CW

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16:30 EDT Curtiss-Wright awarded $26M contract by Belgian Air Force - Curtiss-Wright announced that it has been awarded a $26M multi-year contract by the Belgian Air Force to implement a modernization program for its aircraft arresting systems. Under the agreement, Curtiss-Wright will provide new cable systems and related turnkey services to three airbases to support the upcoming delivery of the F-35 to Belgium, as well as safeguard its emergency takeoff and landing phases. The contract also provides various services, spares, repair, and overhaul supporting the Belgian Air Force's military flight operations.
ATHA

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16:30 EDT Athira Pharma trading resumes
CLOV

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16:26 EDT Clover Health unit Counterpart in deal with Iowa Clinic to deploy AI technology - Counterpart Health announced a multi-year agreement with The Iowa Clinic, P.C., one of the most highly regarded multispecialty healthcare groups in the United States. This deal positions The Iowa Clinic as one of Counterpart's anchor customers in the Midwest, as Counterpart drives a broader strategic expansion across the country. Counterpart is a subsidiary of Clover Health Investments...Under the terms of the agreement, clinicians serving The Iowa Clinic's Medicare Advantage and Medicare Shared Savings Program patients will use Counterpart Assistant, Counterpart Health's cutting-edge cloud-based software platform. Additionally, the platform will be made available to The Iowa Clinic's clinically integrated network partners throughout the Midwest. Counterpart will receive a per-member, per-month fee, as well as potential incentive payments contingent on achieving certain care management goals.
GO

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16:25 EDT Grocery Outlet launches private label program, GO Brands - Grocery Outlet Holding Corp. announced today the official launch of its new private label program, GO Brands. GO Brands will feature products across three brands: SimplyGO, GO Home & Haven, and GO Paw & Pamper. The products will roll out across Grocery Outlet stores beginning this month, with 100 new private label SKUs available in stores by the end of the year under the SimplyGO and GO Home & Haven brands. GO Paw & Pamper will arrive in stores next year.
MGX

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16:24 EDT Metagenomi announces data from hemophilia study supporting MGX-001 - Metagenomi announced data from an ongoing preclinical study designed to provide evidence supporting the potential durability and safety of the company's hemophilia A gene editing investigational therapy, MGX-001. "We are thrilled to achieve this preclinical milestone supporting our recent decision to declare MGX-001 as our development candidate for hemophilia A," said Brian C. Thomas, PhD, CEO and founder of Metagenomi. "We conducted this NHP study in response to a competitive landscape where gene therapies have been unable to achieve long term persistence of FVIII activity levels in patients. Establishing proof-of-concept of site specific gene integration and durable activity levels of FVIII in NHPs over twelve months in hemophilia A represents an important validation of our platform. Our goal for MGX-001 is to provide a one-time, curative treatment for adults and children with hemophilia A. Furthermore, we intend to leverage the MGX-001 editing platform to pursue additional therapies for secreted protein disorders."..."The treatment of hemophilia, which has undergone many transformative changes over the past 60 years, is poised for yet another disruptive change: the use of genome editing, with site specific integration of FVIII, to produce functional cures in patients with hemophilia A. I am encouraged by the preclinical progress in the genome editing space to potentially provide a new path to a one-time, curative treatment option for both adults and children in hemophilia A in the future," said Dr. Glenn Pierce, member of the Metagenomi Scientific Advisory Board.
STC

Hot Stocks

16:17 EDT Stewart increases annual dividend to $2.00 from $1.90 - Stewart Information Services announced a dividend increase that reflects the company's continuing commitment to return capital to its shareholders. The Stewart Board of Directors has approved an increase in the Company's annual cash dividend from $1.90 to $2.00 per share, beginning with the third quarterly payment of 2024 of 50c per share, payable September 30, 2024, to common stockholders of record on September 16.
AMD NVDA

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16:16 EDT AMD apppints Keith Strier senior VP of global AI markets - AMD (AMD) announced that Keith Strier has joined the company as senior VP of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as VP of worldwide AI initiatives at NVIDIA (NVDA), with responsibility for expanding commercial engagements with foreign governments. At AMD, he will be responsible for expanding the company's AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors. He reports to AMD executive VP and Chief Technology Officer, Mark Papermaster. "Keith is an excellent addition to our leadership team, bringing deep market expertise and extensive network of relationships that will significantly strengthen our AI engagements globally," said AMD CEO, Dr. Lisa Su. "His extensive experience and proven track record acting as a trusted advisor to countries and companies uniquely positions him to help accelerate adoption of AMD-powered solutions to meet the growing demand for AI."
KLAC

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16:16 EDT KLA Corp. raises quarterly dividend 17% to $1.70 from $1.45 per share - KLA Corporation is announcing a 17% increase in the quarterly dividend level to $1.70 per share from $1.45 per share beginning with the quarterly dividend expected to be declared in November 2024, the fifteenth consecutive annual increase in the quarterly dividend level for KLA.
VATE

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16:14 EDT INNOVATE Corp. regains compliance with NYSE minimum price requirement - INNOVATE Corp. announced that it has received a letter from the NYSE dated August 27, notifying the company that it is no longer considered below the NYSE's continued listing criterion of a minimum average share price of $1.00 over a 30 trading-day period.
HQY

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16:13 EDT HealthEquity announces $300M stock repurchase program - The Company announced that its Board of Directors authorized a common stock repurchase program. Under the program, the Company may purchase up toThe Company announced that its Board of Directors authorized a common stock repurchase program. Under the program, the Company may purchase up to $300 million of its common stock, as market conditions warrant. The common stock may be repurchased at prices that the Company deems appropriate and subject to market conditions, applicable law and other factors deemed relevant in the Company's sole discretion.
ARAY

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16:11 EDT Accuray CEO Suzanne Winter to take temporary medical leave of absence - Accuray announced that President and CEO Suzanne Winter will be taking a temporary medical leave of absence to receive care for a treatable form of cancer, effective immediately. Accuray Senior Vice President and Chief Commercial Officer Sandeep Chalke will serve as the interim CEO during Winter's absence. To ensure that Chalke and the organization have the necessary support, the company has formed an Executive Committee of the Board of Directors, consisting of Joseph Whitters, Chairman of the Accuray Board, and Anne Le Grand, Chair of the Science and Technology Committee, that will advise Chalke in his interim capacity.
ASAN

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16:11 EDT Asana down 12% at $11.65 after Q2 results, updated FY25 revenue guidance
ASAN...

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16:09 EDT Asana names Sonalee Parekh as new CFO - Asana (ASAN) announced the appointment of Sonalee Parekh as Chief Financial Officer, effective September 11, 2024. Parekh will succeed Tim Wan, who has served in the role since 2017. Wan will remain with the company in an advisory position to support the transition. Parekh brings more than 25 years of experience in the technology and banking sectors to Asana, having previously held executive finance roles at leading public companies including Chief Financial Officer at RingCentral (RNG) and Divisional CFO, Head of Corporate Development and Investor Relations at Hewlett Packard Enterprise (HPE). Dustin Moskovitz, Asana's co-founder and CEO, welcomed Parekh to the leadership team: "Sonalee's public company experience and market perspective, coupled with her proven track record of driving growth and profitability at scale, makes her the ideal person to partner with me and the leadership team as we execute on the large opportunity ahead of us. She's had a front-row seat to some of the most transformative technology trends and we're in the midst of another pivotal moment. AI has the enormous potential to reshape not only the work management category, but the entire software industry. Sonalee's experience overseeing and fostering efficient growth during critical inflection points will be invaluable to Asana."
ATHA

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16:06 EDT Athira says clinical trial of fosgonimeton for AD primary endpoint not met - Athira Pharma announced topline results from its Phase 2/3 LIFT-AD clinical trial of fosgonimeton, a hepatocyte growth factor HGF positive modulator, in patients with mild-to-moderate Alzheimer's disease AD . The topline results showed that neither the trial's primary endpoint the Global Statistical Test GST a combination of results from measures of cognition ADAS-Cog11 and function ADCS-ADL23 nor its key secondary endpoints of ADAS-Cog11 and ADCS-ADL23 reached statistical significance compared with placebo at 26 weeks. However, both components of GST, cognition and function directionally favored fosgonimeton treatment, and in pre-specified subgroups characterized by more rapid disease progression (moderate AD and APOE4 carriers , cognition and function improved or stabilized in the fosgonimeton treated group. In addition, data across biomarkers of protein pathology inflammation GFAP and neurodegeneration showed directional improvements with fosgonimeton treatment that are consistent with the broad neuroprotective mechanism of HGF modulation."These are not the results we hoped for, as the lack of clinical decline in the placebo group, combined with the short duration of the study, may have impacted the trial's ability to translate the effect of fosgonimeton treatment into meaningful clinical benefit,"said Javier San Martin, M.D., Chief Medical Officer of Athira. "However, we believe the totality of the data continues to suggest that positive modulation of the HGF pathway has the potential to translate into improvement in parameters of neuronal health and may mitigate disease progression." "While the trial did not meet its primary endpoint, the biomarker and subgroup data are intriguing and remarkably consistent not only across endpoints but also with our understanding of fosgonimeton's neuroprotective mechanism of action," added Anton P. Porsteinsson, M.D .."In addition to fosgonimeton, we have a pipeline of next-generation, orally delivered HGF modulators, with improved pharmacological properties, that we are currently evaluating in neurodegenerative diseases," stated Mark Litton, Ph.D., President and Chief Executive Officer of Athira. "We want to express our sincere appreciation for the patients, caregivers, their families, and healthcare professionals who participated in the LIFT-AD trial. I also want to thank all Athira employees for their dedication and tireless contributions to advancing the science to benefit patients battling neurodegenerative disease...
CRBU

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16:06 EDT Caribou Biosciences CFO Jason O'Byrne resigns - In a regulatory filing, the company disclosed that on September 1, Jason O'Byrne, CFO of Caribou Biosciences, informed the company of his intent to resign from his position, effective September 27, to pursue another opportunity. O'Byrne's resignation is not the result of any disagreement with the company on any matter related to the company's financial reporting or accounting policies, procedures, estimates, or judgments. The company has initiated a search for a new CFO. The company intends to appoint Ryan Fischesser, the company's current VP of Finance and Controller, to assume the role of the company's principal accounting officer, effective as of the close of business on September 27. Fischesser had previously served as the company's principal accounting officer from the time of the company's initial public offering through December 15, 2022.
RNG

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16:05 EDT RingCentral CFO Parekh resigns - RingCentral announced that Sonalee Parekh has resigned as Chief Financial Officer, effective September 10, to accept a Chief Financial Officer role at a public company that is not a competitor, supplier or customer to RingCentral. The Company has initiated a search to identify a successor that will include both internal and external candidates. Vlad Shmunis, Founder, Chairman and CEO of RingCentral, said, "On behalf of the Board and our entire team, I want to thank Sonalee for her many contributions to RingCentral, particularly improved profitability and free cash flow. She has been a trusted partner, and we wish her all the best in her future endeavors." Parekh said, "I want to thank Vlad and the Board for the opportunity to serve in this role and am incredibly proud of what we've accomplished during my time here. It has been a privilege to be a part of the RingCentral team, and I am confident that the Company is well positioned for continued success." Parekh's departure is not due to any disagreement with the Company or the Board regarding its financial results, accounting principles, practices or financial statement disclosures. There are no changes to the Company's outlook as previously issued in its Q2 earnings on August 1, 2024.
ATHA

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16:00 EDT Athira Pharma trading halted, news pending
BGM

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14:27 EDT Qilian International Holding Group Ltd trading resumes
BGM

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14:22 EDT Qilian International Holding Group Ltd trading halted, volatility trading pause
LODE

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13:20 EDT Comstock Mining trading resumes
LODE

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13:13 EDT Comstock says AFR report contains 'material false and misleading statements' - In a regulatory filing, Comstock Inc. disclosed that on September 3, the company became aware of an article entitled "US outfit seeks $3.7bn to power up Australia's green aviation fuel sector," written by Sarah Thompson, Kanika Sood and Emma Rapaport and published online by Australian Financial Review, or AFR. "The Article contains several material false and misleading statements, including, among other statements: the proposed capital raise by a subsidiary of the Company; the existence of an exclusive Asia Pacific license; desired or preferred sites for refinery or other business operations; capital expenditure requirements; raw material tonnage; and forecasted revenues or earnings. Neither the Company nor any person acting on behalf of the Company contributed any of the content of the Article or had any communications with the Authors or the Publisher prior to the publication of the Article. The Company immediately contacted the Authors and the Publisher to demand that the Article be fully retracted," the filing stated.
SONY

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12:57 EDT Sony to take video game 'Concord' offline starting September 6 - Ryan Ellis, game director at Firewalk Studios, said in a blog post that Sony-published multiplayer shooter "Concord," which came out last month for PC and PlayStation 5, will be taken offline starting September 6. "Concord fans - we've been listening closely to your feedback since the launch of Concord on PlayStation 5 and PC and want to thank everyone who has joined the journey aboard the Northstar," Ellis said. "Your support and the passionate community that has grown around the game has meant the world to us. However, while many qualities of the experience resonated with players, we also recognize that other aspects of the game and our initial launch didn't land the way we'd intended. Therefore, at this time, we have decided to take the game offline beginning September 6, 2024, and explore options, including those that will better reach our players. While we determine the best path ahead, Concord sales will cease immediately and we will begin to offer a full refund for all gamers who have purchased the game for PS5 or PC. If you purchased the game for PlayStation 5 from the PlayStation Store or PlayStation Direct, a refund will be issued back to your original payment method." Reference Link
LODE

Hot Stocks

12:55 EDT Comstock Mining trading halted, news pending
IBKR

Hot Stocks

12:23 EDT Interactive Brokers reports August average revenue trades up 40% vs. last year - Interactive Brokers reported its electronic brokerage monthly performance metrics for August: 2.712M daily average revenue trades, 40% higher than prior year and 2% lower than prior month; Ending client equity of $515.3B, 36% higher than prior year and 1% higher than prior month; Ending client margin loan balances of $54.9B, 30% higher than prior year and 2% lower than prior month; Ending client credit balances of $112.1B, including $4.4 billion in insured bank deposit sweeps, 13% higher than prior year and 3% higher than prior month; 3.06M client accounts, 29% higher than prior year and 2% higher than prior month; 198 annualized average cleared DARTs per client account; Average commission per cleared commissionable order of $2.80 including exchange, clearing and regulatory fees.
VICR

Hot Stocks

12:06 EDT Vicor responds to allegations made in securities litigation - Vicor Corporation disclosed facts that formed the basis for forward-looking statements about an expected revenue ramp, made in the company's July 25, 2023 Earnings Call, that were alleged to be untrue in recently-filed securities litigation against the company. These statements were true when made on the basis of the facts outlined below, Vicor said in a statement. "As of July 25, 2023, the company had booked over $30M in Non-Cancellable, Non-Returnable orders from a significant customer reflecting what the Company understood to be the Customer's allocation for a new program to the Company. Subsequent to the July 25, 2023 Earnings Call while continuing to honor the NCNR Orders, the Customer changed its allocation for the New Program, as the Company indicated in its forward-looking statements made in subsequent Earnings Calls. Accordingly, the Company's statements on July 25, 2023 were truthful and properly represented its reasonable expectations at the time."
RAD RADCQ

Hot Stocks

12:05 EDT Rite Aid completes restructuring process, emerges from Chapter 11 - Rite Aid Corporation announced that it has successfully completed its financial restructuring and emerged from Chapter 11. "Emergence is a pivotal moment in Rite Aid's history, enabling it to move forward as a significantly transformed, stronger and more efficient company," said Jeffrey S. Stein, CEO and Chief Restructuring Officer. "We are grateful for the ongoing support of our customers, associates and partners, and we look forward to continuing to provide leading pharmacy services designed to improve health and wellness outcomes across the communities we serve. I am excited about Rite Aid's future as it continues to focus on executing its strategy and delivering for its customers and stakeholders." Through this process, Rite Aid has eliminated approximately $2B of total debt. Additionally, the company has received approximately $2.5B in exit financing to support the business going forward. In connection with emergence, Rite Aid will operate as a private company. Ownership of the Company transitioned to certain Rite Aid creditors, and all of Rite Aid's existing common shares were cancelled, pursuant to the Plan of Reorganization.
RAD RADCQ

Hot Stocks

12:04 EDT Rite Aid names Matt Schroeder as CEO - Rite Aid Corporation announced that Matt Schroeder has been appointed CEO after the company's emergence from Chapter 11. Schroeder joined Rite Aid in 2000 and most recently served as the company's CFO. He succeeds Jeffrey S. Stein, who has stepped down as CEO and Chief Restructuring Officer in connection with the company's emergence from Chapter 11. "Matt has served in various leadership positions during his tenure at Rite Aid and has a deep understanding of all aspects of our business," said Bruce Bodaken, Chair of Rite Aid's Board of Directors during its Chapter 11 process. "He has shown outstanding leadership through this process and is an excellent fit for the Company as it advances as a stronger organization."
USD

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12:00 EDT VeriSign Inc falls -12.7% - VeriSign Inc is down -12.7%, or -$15.05 to $103.32.
SOXL

Hot Stocks

12:00 EDT Direxion Daily Semiconductor Bull 3X Shares falls -16.8% - Direxion Daily Semiconductor Bull 3X Shares is down -16.8%, or -$6.50 to $32.29.
FEDU

Hot Stocks

12:00 EDT Four Seasons Education falls -35.3% - Four Seasons Education is down -35.3%, or -$6.01 to $11.00.
JDST

Hot Stocks

12:00 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares rises 10.2% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is up 10.2%, or $3.19 to $34.52.
SOXS

Hot Stocks

12:00 EDT Direxion Daily Semiconductor Bear 3X Shares rises 17.2% - Direxion Daily Semiconductor Bear 3X Shares is up 17.2%, or $3.80 to $25.87.
SOC

Hot Stocks

12:00 EDT Sable Offshore rises 37.8% - Sable Offshore is up 37.8%, or $6.36 to $23.20.
CCOEY...

Hot Stocks

11:36 EDT Capcom says upcoming fighting game collections to arrive on Xbox One in 2025 - Capcom (CCOEY) announced that, after technical discussions with Microsoft (MSFT), "Marvel vs Capcom Fighting Collection" and "Capcom Fighting Collection 2" will release on Xbox One in 2025. The Fly notes that both collection were originally announced for PC, PlayStation 4 (SONY), and Nintendo Switch (NTDOY), with Xbox One versions notably absent from any trailers or showcases. Reference Link
AUNA

Hot Stocks

11:33 EDT Auna appoints Laurent Massart as EVP, strategy and equity capital markets - Auna announced the appointment of Laurent "Lorenzo" Massart as Executive Vice President, Strategy and Equity Capital Markets to its executive team. In this new role, the Investor Relations function will now report to Lorenzo and thus he will ensure Auna has a cohesive approach to communicating with our investors and stakeholders.
NFE

Hot Stocks

11:32 EDT New Fortress receives DOE authorization for LNG export to non-FTA countries - New Fortress Energy has received authorization from the United States Department of Energy to export up to ~1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries from its Fast LNG 1 asset located offshore Altamira, Mexico for a term of five years. In combination with the previously received Free Trade Agreement authorization granted by the DOE, our FLNG 1 asset is now able to export LNG to markets and customers worldwide.
BJRI

Hot Stocks

11:27 EDT BJ's Restaurants appoints Lyle Tick as President and Chief Concept Officer - BJ's Restaurants announced that Lyle Tick, former Brand President of Buffalo Wild Wings, will be appointed President and Chief Concept Officer, effective September 9. Tick has served as President and Chief Executive Officer of On the Border Mexican Grill & Cantina since December 2023. Interim Chief Executive Officer C. Bradford Richmond commented, "We are delighted to welcome Lyle to the BJ's team. Lyle has a history of leading iconic brands to unlock new chapters of growth and drive consumer relevance. Lyle's strategic customer focus and passion for brand clarity will enable BJ's to enhance its relevance and awareness. In addition to his experience and affinity for the casual dining space, Lyle's extensive experience with consumer goods and spirit brands will bring a fresh perspective to our marketing, innovation, culinary, beverage and brewing teams. I believe he will be a great addition and complement to our leadership team."
TPG

Hot Stocks

11:12 EDT TPG sold stake in Sixth Street back to former credit arm, Semafor reports - TPG sold its stake in its former credit arm, Sixth Street, back to that firm last month for more than $1B in a deal that valued Sixth Street at about $10B, people familiar with the matter told Semafor's Liz Hoffman. A valuation for the deal, which brings "one of Wall Street's longest and most profitable partnerships" to a formal end, was agreed upon last fall after TPG's takeover of Angelo Gordon brought it into direct competition with Sixth Street's lending business and triggered negotiations, the report said. Reference Link
HBAN

Hot Stocks

11:03 EDT Cleveland Browns' stadium to be called 'Huntington Bank Field' under new deal - The Cleveland Browns and The Huntington National Bank announced a 20-year partnership that includes the naming rights to the Browns' stadium, which will now be called "Huntington Bank Field." The bank stated: "As part of the new partnership, Huntington Bank, a super-regional bank headquartered in Columbus, Ohio, will also become the team's official and exclusive banking partner. The partnership strengthens both organizations' shared vision and long-standing commitment to the Cleveland community and broader region." Steve Steinour, Huntington Bank chairman, president and CEO, added: "Huntington Bank is thrilled to create this partnership and make this investment in the Cleveland Browns and Northeast Ohio. This is also a pivotal moment for us as it gives us a high-profile platform to elevate our brand nationally."
TCBP

Hot Stocks

10:39 EDT TC Biopharm (Holdings) PLC - ADR trading resumes
TLRY TAP

Hot Stocks

10:35 EDT Tilray completes acquisition of craft beer brands from Molson Coors - Tilray Brands (TLRY) completed the previously announced acquisition of craft breweries Hop Valley Brewing Company, Terrapin Beer Co., and Revolver Brewing, from Molson Coors Beverage Company (TAP). The company said, "This acquisition further strengthens Tilray's leadership position in the U.S. craft beer market as the 5th largest craft brewer in the country and the top craft brewer in the Pacific Northwest and Georgia. It also anchors Tilray in Texas, the second largest beer consumption state, and expands Tilray's craft beer portfolio across key beer markets, adding 30% new beer buying accounts."
TCBP

Hot Stocks

10:34 EDT TC Biopharm (Holdings) PLC - ADR trading halted, volatility trading pause
CNDA

Hot Stocks

10:33 EDT Concord Acquisition Corp II considering alternative listing with Nasdaq - Concord Acquisition Corp II has received notification from NYSE American indicating that the staff of NYSE has determined to initiate proceedings which may delist the Company's Class A Common Stock, Units, and Warrants. This step, anticipated as part of the Company's strategic journey to the public markets, is due to the Company not completing a business combination within 36 months as required by Sections 119(b) and 119(f) of the NYSE American Listed Company Guide. The Company has the right to request a review of this delisting determination by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange. In line with its strategic plans, the Company intends to pursue this review and will seek to list its Securities on the OTC Markets for trading during the suspension on NYSE American. This transition is expected to be temporary as the Company remains hopeful that its appeal for an extension will be granted by the NYSE American. Simultaneously, the Company and its sponsor are actively exploring a listing on the Nasdaq. Concord remains focused on the public process, continuing to work diligently to achieve its listing goals and enhance shareholder value.
NTDTY

Hot Stocks

10:10 EDT City of Brownsville, Texas taps NTT Data's Smart Solutions for connectivity - NTT DATA has been selected by the City of Brownsville, Texas, to deploy NTT DATA's Smart Solutions and Private 5G wireless connectivity. The city seeks to enhance citizen services, increase public safety, achieve sustainability and effectively manage growth by leveraging real-time data analytics and AI empowered by a seamless and secure wireless network.
LIFFF

Hot Stocks

10:08 EDT Li-FT Power terminates Shorty West mineral property purchase agreement - LIFT announces that at the request of Infinity Stone Ventures Corp., it has terminated the mineral property purchase agreement dated July 17, 2024 regarding the Shorty West Lithium mineral claim. In connection with the termination, beneficial ownership of the Claim, which is adjacent to the Company's Yellowknife Lithium Project, was transferred to an arm's length private entity. The Company has now entered into a mineral property purchase agreement dated August [16] 2024 with that entity to acquire the Claim in consideration of the issuance 12,000 common shares, which is the same consideration which was offered to Infinity Stone. The shares, once issued, will be subject to applicable resale restrictions under Canadian securities laws. The completion of the acquisition is subject to the approval of the TSX Venture Exchange. No finder's fees are payable in connection with the acquisition.
LIFFF

Hot Stocks

10:07 EDT Li-FT Power quadruples size of Cali Property through staking - Li-FT Power reports that the Company has increased its land position at the Cali Project by staking an additional 9,681 hectares of contiguous claims within the Little Nahanni Pegmatite District, Northwest Territories, Canada. The recently staked claims have outcropping spodumene pegmatites which are the continuation of Cali dyke swarm that LIFT has defined to date. Lands to the northwest of LIFT's current tenure became available following the Government of Canada's approval of an amendment to the Sahtu Land Use Plan in June of 2024. The amendment package allows new staking to be completed in the area and was previously approved by the Sahtu Secretariat Incorporated and Government of the Northwest Territories in 2019. Francis MacDonald, CEO of LIFT comments, "Acquiring new areas through staking is the most cost-effective way to increase a company's land position. The newly staked ground has outcropping spodumene deposits that are continuations of our existing deposits and increases the overall size potential of the Cali Project".
TDS

Hot Stocks

10:06 EDT US Signal completes acquisition of OneNeck - US Signal Company has completed its acquisition of OneNeck IT Solutions and OneNeck Data Center Holdings from Telephone and Data Systems. Headquartered in Madison, Wisconsin, OneNeck provides secure hybrid IT and multi-cloud solutions through data centers in six Western and Midwestern states. Serving more than 1,000 customers across 45 states, OneNeck caters to sectors including banking, education, engineering, food and beverage, government, healthcare, manufacturing, and retail. Grand Rapids, Michigan-based US Signal provides data center colocation, connectivity, cloud hosting, data protection, and disaster recovery services to regional enterprise customers and large national telecommunications carriers. It operates a 9,500-route mile fiber network and has 10 data centers across Michigan, Illinois, Indiana and Wisconsin. The acquisition: Increases the number of US Signal data centers from 10 to 16, quadrupling square footage; Extends US Signal's footprint to the West Coast with the addition of Phoenix, Arizona; Denver, Colorado; and Bend, Oregon data centers; Adds OneNeck's Madison, Wisconsin; Minneapolis, Minnesota; and Des Moines, Iowa markets to US Signal's fiber network, and More than triples commercial power under management.
BKR TISI

Hot Stocks

10:04 EDT Baker Hughes announces leadership changes to continue strategic growth - Baker Hughes Company (BKR) announced several changes to its leadership team, effective by Oct. 1. These changes are designed to continue delivering Baker Hughes' successful strategy and executing for long-term growth, meeting customer needs in the rapidly evolving energy and industrial segments. Amerino Gatti is appointed executive vice president of Oilfield Services & Equipment. Gatti joins Baker Hughes as a seasoned energy and industrial executive, recently serving as chief executive officer and chairman of the board of TEAM, Inc. (TISI) . Maria Claudia Borras, EVP of OFSE since 2022, is appointed chief growth & experience officer. This newly created role will focus on driving enterprise growth and enhancing customer experience, creating and implementing commercial, regional and marketing strategies and leading transformation to energize business expansion across the company's portfolio. In addition, Muzzamil Khider Ahmed, SVP and chief people officer since 2023, has been promoted to the executive leadership team as chief people & culture officer. In his new role, Khider Ahmed will continue focusing on strengthening human resources capabilities and systems while shaping the Company's culture to foster a productive, inclusive, and engaging work environment. With these changes, Deanna Jones, EVP of people, communications & transformation and chief human resources officer, will transition into an advisory capacity before departing the Company in 2025.
FERG

Hot Stocks

10:01 EDT Ferguson, ServiceTitan enter strategic collaboration - ServiceTitan announced the launch of its strategic collaboration with Ferguson. With this strategic collaboration, Ferguson's contractor network can leverage ServiceTitan's powerful residential, commercial, HVAC, and construction platform, enabling them to win more business, increase profitability, and maximize the lifetime value of their downstream customers.
USD

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10:00 EDT VeriSign Inc falls -8.7% - VeriSign Inc is down -8.7%, or -$10.28 to $108.09.
SOXL

Hot Stocks

10:00 EDT Direxion Daily Semiconductor Bull 3X Shares falls -9.9% - Direxion Daily Semiconductor Bull 3X Shares is down -9.9%, or -$3.84 to $34.95.
AKA

Hot Stocks

10:00 EDT a.k.a. Brands falls -9.2% - a.k.a. Brands is down -9.2%, or -$2.04 to $20.18.
SOXS

Hot Stocks

10:00 EDT Direxion Daily Semiconductor Bear 3X Shares rises 10.0% - Direxion Daily Semiconductor Bear 3X Shares is up 10.0%, or $2.21 to $24.28.
STG

Hot Stocks

10:00 EDT Sunlands Online rises 14.0% - Sunlands Online is up 14.0%, or 67c to $5.46.
SOC

Hot Stocks

10:00 EDT Sable Offshore rises 26.2% - Sable Offshore is up 26.2%, or $4.41 to $21.25.
TRIB...

Hot Stocks

09:58 EDT Trinity Biotech names Adrian Donohue as Chief Commercial Officer - Trinity Biotech (TRIB) announced the appointment of Adrian Donohue as Chief Commercial Officer. Donohue brings more than 25 years of experience in the sales and marketing of healthcare products. Adrian developed his knowledge and early career success as a sales representative for Menarini, Eli Lilly (LLY) and Roche (RHHBY).
AVTX

Hot Stocks

09:55 EDT Avalo Therapeutics trading resumes
STG

Hot Stocks

09:48 EDT Sunlands Online rises 7.8% - Sunlands Online is up 7.8%, or 37c to $5.16.
U

Hot Stocks

09:48 EDT Unity rises 10.4% - Unity is up 10.4%, or $1.70 to $18.07.
SOC

Hot Stocks

09:47 EDT Sable Offshore rises 21.6% - Sable Offshore is up 21.6%, or $3.64 to $20.48.
USD

Hot Stocks

09:47 EDT VeriSign Inc falls -6.7% - VeriSign Inc is down -6.7%, or -$7.88 to $110.49.
SOXL

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bull 3X Shares falls -7.2% - Direxion Daily Semiconductor Bull 3X Shares is down -7.2%, or -$2.79 to $36.00.
OWLT

Hot Stocks

09:47 EDT Owlet announces expanded availability of Dream Sock across Europe - Owlet announced that the medically-certified Dream Sock will soon be available in even more countries, including Poland, Greece, and the Czech Republic. Dream Sock is the Company's medically-certified baby monitor accessible across Europe, giving parents safe and accurate health readings and actionable alarms while their baby sleeps. Dream Sock is available now for purchase in the UK and select European markets. Dream Sock will be available in the following markets via Owlet's localized websites and key retailers in the coming weeks: Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, and Greece
AKA

Hot Stocks

09:47 EDT a.k.a. Brands falls -9.2% - a.k.a. Brands is down -9.2%, or -$2.04 to $20.18.
AVTX

Hot Stocks

09:45 EDT Avalo Therapeutics trading halted, volatility trading pause
CNDA

Hot Stocks

09:45 EDT Concord Acquisition, Events.com pursuing alternative listing option with Nasdaq - Events.com and Concord Acquisition Corp II are continuing their public path together through the signing of a definitive agreement and plan of merger announced last week. This proposed combination marks a significant milestone in Events.com's journey to become a publicly traded company. While the NYSE American has initiated proceedings, which may delist Concord's securities due to timing constraints, given the defined timelines, this development was anticipated and planned for as part of a comprehensive strategy to enter the public markets. The proposed business combination with Concord Acquisition Corp II is valued at a pre-money equity value of $314 million, with an implied pro forma enterprise value of $399 million. This transaction, which includes a $100 million Share Subscription Facility from Gem Global Yield LLC SCS is expected to provide resources to accelerate Events.com's growth strategy through acquisitions, partnerships, and organic initiatives. The companies said, "Events.com and Concord remain confident in the path forward and they are actively pursuing an alternative listing option with Nasdaq. This flexibility ensures Events.com is well-positioned to continue its growth trajectory and deliver on its commitment to innovation and excellence. Regardless of the outcome, whether Events.com is eventually listed on the NYSE or Nasdaq, it plans to trade under the reserved "RSVP" ticker. This proactive approach underscores Events.com's commitment to completing its proposed business combination and ensuring a robust presence in the public markets."
ANRGF

Hot Stocks

09:42 EDT Anaergia selected to design, build biogas facility in South Korea - Anaergia's subsidiary, Anaergia Singapore, has received a Letter of Award from New Jeju Bio to design and build the Jeju Bio Energy Biogas Plant, to be constructed in Jeju Island, South Korea. Based on the initial specifications, the Award is for an amount of approximately C$25 million, and it is subject to a number of routine conditions, including the client obtaining final financing for the project. The Facility is expected to convert approximately 50,000 tons per year of organic waste into two megawatts of energy. The feedstock is anticipated to include various waste streams generated by slaughterhouses, citrus juice facilities and food production facilities on Jeju Island. These solid and liquid feedstocks are intended be digested anaerobically, and the biogas produced from this process is expected to be utilized in a biogas combined heat and power unit. The Facility is to include pretreatment technologies, and Anaergia's Omnivore anaerobic digestion system to produce approximately two megawatts of renewable energy and heat to be utilized for digestion, pasteurization and evaporation. The Facility also is intended to generate digestate that is intended to be composted into fertilizer at an offsite location. The wastewater from the Facility is expected to be treated and recycled for use at the Facility and off-site agricultural use. The Facility is expected to significantly reduce greenhouse gas emissions from the island of Jeju while recycling its waste. South Korea has announced a national biogas strategy that aims to produce up to 500 million Nm/yr of biogas by 2026, which would cut GHG emissions by one million tonnes per year.
UGRO

Hot Stocks

09:33 EDT Urban-Gro awarded first project under MSA with P.F. Chang's - urban-gro announced that after executing a Master Services Agreement in the third quarter of 2023, the Company has been awarded its first project with the well-known Asian culinary restaurant, P.F. Chang's. Anticipated to commence in the third quarter of 2024, the project scope of work will include the full build-out of a restaurant location in Westminster, Colorado. The company anticipates that the majority of the undisclosed revenue for this project will be recognized during the next six months.
KINS

Hot Stocks

09:32 EDT Kingstone Companies reduces debt by 25%, extends maturity to June 2026 - Kingstone Companies has entered into a new Note Exchange Agreement with its existing noteholders to refinance its outstanding 12% Senior Notes in the aggregate principal amount of $19.95 million due on December 30, 2024. Pursuant to the Exchange Agreement, Kingstone will issue to the noteholders, in exchange for their Existing Notes, new 13.75% Senior Notes due June 30, 2026, in the aggregate principal amount of $14.95 million along with cash totaling $5 million. In addition, the expiration date for the warrants issued in 2022 at the time of the issuance of the Existing Notes will be extended to June 30, 2026. The exchange is scheduled to close on Thursday, September 12, 2024.
NVNO

Hot Stocks

09:31 EDT enVVeno Medical appoints Sandy Prietto as VP, marketing - enVVeno Medical Corporation announced that Sandy Prietto has joined the Company as Vice President of Marketing. Most recently, Ms. Prietto served as head of worldwide marketing at Endologix, where she oversaw the launch of the DETOURa System, a percutaneous transmural arterial bypass therapy which was designated as a breakthrough device by the U.S. Food and Drug Administration.
LEXX

Hot Stocks

09:30 EDT Lexaria Bioscience enters material transfer agreement for DehydraTECH research - Lexaria Bioscience has entered into a Material Transfer Agreement with a pharmaceutical company to evaluate Lexaria's DehydraTECH technology in a pre-clinical setting. Under the terms of the agreement, Lexaria is responsible for formulation and supply of certain DehydraTECH compositions. The pharmacokinetics of DehydraTECH compositions will be evaluated in animal studies. Lexaria has awarded to PharmaCO a temporary exclusive license option limited to specific DehydraTECH concepts and formulations under examination. The work should be complete within roughly 6 months or less.
AIMD

Hot Stocks

09:30 EDT Ainos secures Taiwan invention patent for VELDONA - Ainos announced that its VELDONA formulation has been granted an invention patent in Taiwan and has filed for global patent protection under the Patent Cooperation Treaty. This patent represents a significant milestone in the treatment and prevention of coronavirus infections. The patented technology, titled "METHOD AND COMPOSITION OF TREATMENT OR PREVENTION OF CORONAVIRUS INFECTION" with patent number TW202402785A, showcases a novel therapeutic approach using VELDONA as the primary ingredient, which we believe significantly enhances immune system function and effectively reduces the risk of coronavirus infections.
SAP

Hot Stocks

09:29 EDT SAP Chief Technology Officer Muller to leave company effective September 30 - SAP SE announced that the SAP Supervisory Board has reached a mutual agreement with Chief Technology Officer and Executive Board Member Dr.-Ing. Jurgen Muller to leave the company's Executive Board, effective September 30, 2024. Muller stated: "I want to address an incident at a past company event where my behavior was inappropriate. I regret being inconsiderate and sincerely apologize to everyone affected. I recognize my behavior at that moment did not reflect our values at SAP. I take full responsibility and believe stepping down is best for the company. I wish the team continued success."
VYEY

Hot Stocks

09:28 EDT VIctory Energy engages McCarvill Capital Partners for equity capital effort - Victory Clean Energy has engaged McCarvill Capital Partners to assist in raising equity capital. This strategic partnership is designed to accelerate the commercialization of Victory's groundbreaking TrueGreen Hydrogen technology, positioning the Company at the forefront of the global transition to clean energy.
MRNA

Hot Stocks

09:27 EDT Moderna receives MHRA authorization for updated COVID-19 vaccine - Moderna announced that the Medicines and Healthcare products Regulatory Agency has authorized its updated COVID-19 vaccine targeting the JN.1 variant of SARS-CoV-2. Following the MHRA decision, doses will be available for eligible groups as part of the NHS autumn vaccination program, which is prioritized for use in people at greatest risk of serious illness from COVID-19. For the first time in the UK, the updated vaccine, Spikevax JN.1, will also be available to purchase privately for those who are not eligible for the NHS Autumn vaccination program. The updated vaccine will be available from high street pharmacies, occupational health providers, and private healthcare companies. The approval follows guidance from the World Health Organization Technical Advisory Group on COVID-19 Vaccine Composition, which recommended that COVID-19 vaccines be updated to target the JN.1 family of Omicron subvariants for the 2024/25 vaccination campaign. At present, the JN.1 group of subvariants remain dominant in the UK.
NISN

Hot Stocks

09:27 EDT Nisun International achieves cumulative revenue of $240M in gold supply business - Nisun International has achieved cumulative revenue exceeding $240M in the centralized procurement, retail, and wholesale of gold products since the business started in January 2023. Nisun International's subsidiaries have positioned themselves within the Shenzhen Shuibei International Jewelry Trading Center, a comprehensive gold jewelry hub in China representing over 75% of China's gold jewelry market share.
AAN

Hot Stocks

09:27 EDT Aaron's down 1% after J Capital Research questions deal in short report
GOOD

Hot Stocks

09:26 EDT Gladstone Commercial acquires industrial facility in Midland, Texas - Gladstone Commercial Corporation has acquired a 50,102 square foot Class A industrial manufacturing, distribution, and service facility in Midland, Texas, at a weighted GAAP capitalization rate of 9.94%. The property was acquired in a long-term sale-leaseback transaction with a 15-year absolute NNN lease. The property is 100% leased to a leading provider of electrical feedthrough connectors, wellhead solutions, and related services, targeting E&P operators primarily in the Permian Basin. The acquisition is consistent with Gladstone Commercial's growth strategy of acquiring functional assets leased to credit-worthy tenants in strong industrial markets. The property was marketed by Jerry Hopkins of NEWMARK's Dallas office.
PXMD

Hot Stocks

09:24 EDT PaxMedica secures immediate exercise of warrants - PaxMedica announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 4,423,080 shares of common stock of the originally issued in November 2023, having an exercise price of 1.30 per share, at a reduced exercise price of $0.20 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1. The offering is expected to close on or about September 4, 2024, subject to satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. In consideration for the immediate exercise of the warrants for cash, the Company will issue new unregistered warrants to purchase up to 8,846,160 shares of common stock. The new warrants will have an exercise price of $0.20 per share, will be immediately exercisable upon issuance and will have a term of five years from the issuance date. The gross proceeds to the Company from the exercise of the warrants are expected to be $884,616, prior to deducting placement agent fees and estimated offering expenses. The Company intends to use the net proceeds from the offering for the continuing development of PAX-101, working capital, and general corporate purposes.
GAME

Hot Stocks

09:24 EDT FaZe Media enters multi-year sponsorship, licensing deal with G Fuel - FaZe Media announced a new multi-year, multi-million-dollar sponsorship and licensing deal with G FUEL. FaZe Media will receive an equity component in G FUEL as part of the contract. This new multi-million-dollar partnership is one of the largest transactions in GameSquare's history, adding predictable revenue to the Company's growing backlog. To kick off the partnership, G FUEL will be the presenting sponsor for the FaZe Clan Subathon, a month-long streaming marathon running throughout September 2024. This event will set the tone for the collaboration, showcasing the power of user generator content and the influence of FaZe Clan's creators. FaZe Media and G FUEL will also host in-person events and launch co-branded products throughout the partnership to further solidify the synergy between energy drinks and gaming culture.
PRFT

Hot Stocks

09:23 EDT Perficient announces multi-year partnership with NFL's Atlanta Falcons - Perficient announced a multi-year partnership with the National Football League's, NFL, Atlanta Falcons, expanding its relationship with AMB Sports and Entertainment, AMBSE. This partnership builds on Perficient's ongoing collaboration with Major League Soccer's, MLS, Atlanta United and extends their digital transformation expertise to both teams.
EZFL

Hot Stocks

09:22 EDT EzFill regains compliance with Nasdaq listing standard - EzFill Holdings has regained compliance with Listing Rule 5550(b)(1) which requires a minimum stockholders' equity of $2,500,000. As previously disclosed, on August 22, 2023, EzFill received a letter from the listing qualifications department staff of Nasdaq notifying the Company that the stockholders' equity as reported on its Quarterly Report on Form 10-Q for the period ending June 30, 2023 did not satisfy the continued listing requirement that stockholders equity be at least $2,500,000. As previously disclosed, the Company recently completed a series of strategic transactions, including a private placement sale of the Company's Series B Convertible Preferred Stock, exchanging certain debt of the Company for shares of the Company's common stock and exchanging certain other debt of the Company for shares of the Company's Series A Preferred Stock which, among other things, increased the Company's stockholders equity above the continued listing requirement. Accordingly, on August 30, 2024, Nasdaq Hearings Panel provided the Company with written notice that it had regained compliance with Rule 5550(b)(1). Nasdaq will continue to monitor the Company's ongoing compliance with the stockholders' equity requirement for a period of one year from the date of Nasdaq's compliance letter to the Company. Should the Company fall out of compliance with the minimum equity rule during that time, the Company would become subject to delisting without a cure period. The Company will have the opportunity to request a new hearing should that event occur.
VALN PFE

Hot Stocks

09:22 EDT Valneva, Pfizer say Phase 2 Lyme disease vaccine study positive - Valneva (VALN) and Pfizer (PFE) announced "positive" immunogenicity and safety data from their VLA15-221 Phase 2 study following a second booster vaccination of their Lyme disease vaccine candidate, VLA15, given one year after receiving the first booster dose. The immune response and safety profile of VLA15 one month after receiving the second booster dose were similar to those reported after receiving the first booster dose, showing compatibility with the anticipated benefit of a booster vaccination prior to each Lyme season, the companies said in a statement. "These latest results from the VLA15-221 Phase 2 study again demonstrated a significant anamnestic antibody response across all six serotypes covered by the vaccine candidate in pediatric (5 to 11 years of age) and adolescent (12 to 17 years of age) participants, as well as in adults (18 to 65 years of age), measured one month after administration of this second booster dose (month 31). A high proportion of participants seroconverted after the second booster dose, yielding seroconversion rates above 90% for all outer surface protein A serotypes in all age groups, in-line with SCRs after the first booster. Geometric Mean Titers at one month post first and second booster (i.e. month 19 vs. month 31) were comparably high," they added.
LPLA

Hot Stocks

09:21 EDT LPL Financial appoints Tom Gannon as chief advocacy officer - LPL Financial announces the appointment of Tom Gannon as executive vice president and chief advocacy officer. Gannon, who brings more than 25 years of extensive experience in government relations across various financial services companies to LPL, will report to Althea Brown, chief legal officer, and will oversee an established team of policy analysts and lobbyists. In his new role, Gannon will spearhead LPL's government relations efforts at federal, state and local levels and lead the firm's political action committee and the LPL 50 State Advocacy Network. He will work closely with policymakers and regulators as well as industry and trade groups, representing LPL advisors and the LPL business to foster alignment with the company's enduring purpose - empowering advisors to deliver high quality and personalized advice to all who need it. Prior to joining LPL, Gannon served as the chief government relations officer at H&R Block
LMB

Hot Stocks

09:21 EDT Limbach Holding acquires Kent Island Mechanical - Limbach Holdings announced that it has acquired Kent Island Mechanical for an initial purchase price of $15M. Based in Laurel, Maryland and serving the Greater Washington, D.C. metro region, KIM is a leading service provider to facility owners who require solutions for maintaining complex building systems. Transaction Highlights: The acquisition expands Limbach's design, engineering, maintenance, capital project, and emergency mechanical solutions capabilities. KIM's workforce, business model, and customer base complement and bolster Limbach's existing Mid-Atlantic business and aligns with the Company's strategy to expand Owner Direct Relationships with owners of mission-critical facilities in core end-markets. Limbach's current expectation is that KIM will contribute approximately $30 million in revenue and over $4 million in EBITDA annually beginning in 2025. Total consideration paid by Limbach at closing was $15 million. The acquisition will be funded from available cash and has performance-based, contingent earn-outs totaling $5 million, which would potentially be payable over the next two years.
CYCC

Hot Stocks

09:20 EDT Cyclacel Pharmaceuticals confirms filing of appeal to Nasdaq delisting letter - Cyclacel Pharmaceuticals announced that the Company timely requested a hearing before the Nasdaq Hearings Panel and a hearing has been scheduled for October, 15, 2024. The request automatically stays any suspension or delisting action pending the Panel's decision after the hearing and the expiration of any additional extension period granted by the Panel after the hearing. As previously reported, on August 26, 2024, the Listing Qualifications Staff of The Nasdaq Stock Market determined that Cyclacel Pharmaceuticals was not in compliance with the Nasdaq Listing Rule 5550(b)(1) because the Company reported stockholders' equity of less than $2.5 million as of June 30, 2024. At the hearing, the Company will present its plan for regaining and sustaining compliance with the Equity Rule for continued listing. However, there can be no assurance that a hearing with the Panel will be successful or, if the Panel determines to continue the Company's listing, that the Company will be able to satisfy the continued listing criteria subsequent to the hearing.
MAS

Hot Stocks

09:20 EDT Masco enters definitive agreement to sell Kichler Lighting for $125M - Masco Corporation announced that it has signed a definitive agreement to sell its Kichler Lighting business to an affiliate of Kingswood Capital Management for a purchase price of approximately $125M, subject to customary adjustments. "Under Masco's ownership, Kichler has undergone a series of transformations which have generated efficiencies within its business, improved customer service, and enabled greater product innovation. Going forward, we believe this business has greater potential to realize future growth as part of an organization with a more concerted focus on lighting," said Keith Allman, President and CEO, Masco Corporation. "We are confident this transaction will be mutually beneficial to Kichler Lighting and Kingswood Capital Management, while simultaneously driving greater value for Masco shareholders."
TLS

Hot Stocks

09:20 EDT Telos expands enrollment and renewal options with new locations - Telos Corporation opens eight new locations in Florida, Kentucky, Louisiana, Michigan, Oklahoma, Pennsylvania and Tennessee. These locations will begin offering enrollment services yesterday, September 2...Telos now has 99 TSA PreCheck enrollment centers open across the U.S. The launch of these new enrollment centers represents the ongoing expansion of Telos' national TSA PreCheck enrollment footprint. Throughout 2024, Telos will continue delivering convenience to consumers by launching additional locations and extended hours of operation for enrollment and renewals.
MASI

Hot Stocks

09:19 EDT Masimo urges stockholder to vote 'FOR' only the company's director nominees - Masimo mailed a letter to stockholders in connection with its upcoming Annual Meeting of Stockholders to be held on September 19, 2024, highlighting critical details about Politan and Quentin Koffey's plan to take control of Masimo and failure to act in the best interests of all Masimo stockholders. Masimo is urging stockholders to vote "FOR" the Company's director nominees, Joe Kiani and Christopher Chavez, on the updated GOLD proxy card to protect the Company and the value of their investment. Stockholders of record as of the close of business on August 12, 2024 are entitled to vote at the Annual Meeting.
PLLWF

Hot Stocks

09:19 EDT Polarean Imaging appoints Alan Huang as VP of sales - Polarean Imaging announced the appointment of Alan Huang, PhD as Vice President of Sales. Huang joins Polarean after nearly 12 years at Philips Healthcare, where he held various roles, most recently as North American Business Leader for the MRI business unit. As VP of Sales, Dr. Huang will be responsible for driving Polarean's sales strategy and leading the Company's expanding sales team as it accelerates the market adoption of its pulmonary functional Xenon MRI platform technology. He will focus on expanding the technology's footprint in academic medical centers and driving utilization across the growing install base, enabling improved characterization and management of chronic lung disease for patients and their clinicians.
PROC

Hot Stocks

09:18 EDT Procaps Group sees 1H24 adjusted EBITDA $8M-$10M - The company said: "We are exploring various alternatives to obtain additional financing, to bring a sustainable cash position which we believe will allow the Company the necessary flexibility to pursue key initiatives and further invest in higher growth segments with stronger margins, such as prescription pharmaceutical drugs. With the measures above we want to demonstrate that we are focused on reducing our debt burden and improving our EBITDA margins through operational efficiencies, cost control measures, and strategic asset sales where necessary. We expect that our ongoing restructuring efforts will support these goals, allowing us to optimize cash flow and invest in high-growth segments."
JILL

Hot Stocks

09:17 EDT J.Jill appoints Chun to board of directors - J.Jill announced the appointment of Courtnee Chun to its Board of Directors, effective September 3, 2024. Chun will serve on the Compensation and Audit Committees.
JAKK NFLX

Hot Stocks

09:17 EDT Jakks Pacific extends global rights for Stranger Things, Bridgerton - Disguise announced the extension of its global rights to design and develop costumes based on characters from Netflix's hit series Stranger Things and Bridgerton for fall 2024. The Stranger Things collection includes a range of classic and fan-favorite costumes for both kids and adults, featuring iconic characters such as Eleven, Robin and Steve from Scoops Ahoy, Hellfire Club captain Eddie Munson, Hawkins Cheerleader Chrissy, and extending the Demogorgon into infant and toddler sizing so the full family can dress up. The new Bridgerton line, available this fall, showcases stunning adult costumes inspired by Penelope and Colin Bridgerton and reflects the detail to design that was given to the original versions in the series by Shondaland.
KNOP

Hot Stocks

09:17 EDT Knot Offshore Partners announces swap of Dan Cisne for Tuva Knutsen - KNOT Offshore Partners announced that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into agreements with our Sponsor, Knutsen NYK Offshore Tankers AS, to simultaneously: acquire from KNOT the shuttle tanker, Tuva Knutsen; and sell to KNOT the shuttle tanker.
PROC

Hot Stocks

09:17 EDT Procaps CEO says 'working diligently' to complete internal investigation - Procaps Group CEO Jose Antonio Vieira, in a letter to shareholders, said the company is working diligently with its accounting and legal advisors, in cooperation with external auditors, to complete the investigation in a timely manner "so that we can report audited financial statements to our shareholders." Vieira said "I firmly believe in the long-term potential of the business and intend to chart the right path forward for Procaps to realize this value. While I acknowledge the near- and medium-term challenges our business faces, I remain confident, just as I did when I took this job, that Procaps is a viable organization with concrete growth perspectives and a path to profitability. However, this year our primary focus is on addressing our internal challenges. Our future depends on us concluding this investigation process and filing our audited financial statement with our 2023 20-F. In the meantime, we are working to correct the course where needed, securing financing and implementing our strategic plan." The executive noted that the Luxembourg Court has ruled entirely in its favor, dismissing all of Hoche's claims as unfounded. "The Court thoroughly examined the arguments from both sides and disregarded the arguments made by Hoche and upheld all the defenses presented by Procaps," he said.
ZYXI

Hot Stocks

09:17 EDT Zynex obtains FDA clearance for new pain management device - Zynex announced FDA clearance of its new TensWave device. The TensWave device aims to provide effective pain relief through TENS - Transcutaneous Electrical Nerve Stimulation - therapy, which has been clinically proven to reduce chronic and acute pain without needing medication. The TensWave device is not intended to replace the company's NexWave electrotherapy device. The TensWave is a complementary product designed for those whose insurance plans exclusively cover TENS therapy.
TURN

Hot Stocks

09:16 EDT 180 Degree Capital notes average discount of NAV per share to stock price - 180 Degree Capital noted that the average discount between its estimated daily net asset value per share and its daily closing stock price during August 2024 and year-to-date through the end of August 2024, were approximately 21% and 19%, respectively. This discount was approximately 25% on August 30, 2024, the last day of trading in the month. As previously disclosed in a press release on November 13, 2023, 180 Degree Capital's Board of Directors has set two measurement periods of January 1, 2024 to December 31, 2024, and 2) January 1, 2025 to June 30, 2025, in which it will evaluate the average discount between TURN's estimated daily NAV and its closing stock price pursuant to a Discount Management Program. Should TURN's common stock trade at an average daily discount to NAV of more than 12% during either of these measurement periods, the Board will consider all available options at the end of each measurement period including, but not limited to, a significant expansion of 180 Degree Capital's current stock buyback program of up to $5 million, cash distributions reflecting a return of capital to shareholders, or a tender offer. We currently believe that any option and amount selected by the Board will be chosen carefully to not jeopardize the long-term potential of TURN to create value by requiring the monetization of a significant portion of TURN's portfolio at historically low stock prices.
ACHR

Hot Stocks

09:15 EDT Archer Aviation surpasses 400 test flights this year - Today Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four months ahead of schedule. The 400 plus flights were conducted over the last eight months as the company ramps flight test operations in advance of for-credit flight testing with the FAA.
BNAI

Hot Stocks

09:15 EDT BEN contracts with IntelliTek to broaden AI healthcare - Brand Engagement Network announces a contractual agreement has been reached between BEN, an up-and-coming supplier of safe, customized AI for consumer engagement, and IntelliTek, a SmarTek21 subsidiary that creates solutions for virtual assistants that interact with patients. "This cooperation with BEN will enable both companies to offer a comprehensive suite of AI solutions for the healthcare industry, which is experiencing critical challenges surrounding workforce and resource availability," said Martyn Molnar, CEO, Intellitek Products. "By broadening our customer base with this collaboration, we're also broadening the reach of our solutions to a larger range of healthcare providers and patients - increasing access to life-saving AI "We're proud to have found a likeminded ally in IntelliTek, as we both strive to elevate patient experiences and healthcare professional productivity with innovative AI technology," said Paul Chang, CEO of BEN. "Together, our platforms can serve as an end-to-end suite of solutions that offer round-the-clock, instant support to improve both healthcare access and outcomes."technology."...
FFIV

Hot Stocks

09:15 EDT F5 Networks announces new leadership roles - F5 announced three new leadership roles designed to drive heightened agility, productivity, and AI innovation. Tom Fountain, formerly F5's Executive Vice President of Global Services and Chief Strategy Officer, becomes F5's Chief Operating Officer. F5 also is streamlining its go-to-market functions, combining sales and marketing under former Executive Vice President of Worldwide Sales, Chad Whalen, who now takes on the role of Chief Revenue Officer. Recently appointed Chief Technology Officer, Kunal Anand, becomes Chief Technology and AI Officer, expanding his responsibilities to include F5's company-wide AI strategy.
GCTK

Hot Stocks

09:14 EDT GlucoTrack appoints John Ballantyne to board of directors - Glucotrack announced the appointment of John Ballantyne, PhD to its Board of Directors, effective immediately. Ballantyne brings over 20 years of experience on the executive team at the global biotechnology contract development and manufacturing organization, Aldevron. He co-founded the company in 1998 and served as its Chief Science Officer through its acquisition by Danaher, and until his retirement.
BGOPF DIS

Hot Stocks

09:13 EDT Bango enters agreement with Disney to include Disney+ on Digital Vending Machine - Bango announces an agreement with Disney to expand the reach of the Disney+ subscriber base through select consumer offers with telecom operators and other service providers via its product the Digital Vending Machine. Through the agreement with Bango, Disney+ will be available in select markets to sell with mobile phone and broadband plans, and with other consumer services. This move will help Disney+ further expand its more than 150 million strong worldwide subscriber base by opening up new, indirect channels through Bango.
CARG

Hot Stocks

09:13 EDT CarGurus names Mike O??????Hanlon as Chief Revenue Officer - CarGurus announced the appointment of Mike O'Hanlon as Chief Revenue Officer CRO effective September 3, . With deep experience driving customer growth and retention strategies for online marketplace and software as a service SaaS businesses, O'Hanlon will lead CarGurus' Sales and Service teams to support growth objectives and priorities to nurture deeper relationships with dealer partners.
SNX

Hot Stocks

09:13 EDT TD Synnex to appoint Thompson as President of North America - TD SYNNEX announced that Reyna Thompson will be appointed President of North America on December 1, following the departure of Peter Larocque, President of North America, who plans to transition to an advisory role on November 30.
AGBA ILLR

Hot Stocks

09:13 EDT AGBA Acquisition, Triller announce amended, restated merger agreement - AGBA Group Holding Limited and Triller Corp. announced that on August 30, 2024, the parties amended and restated their April 16, 2024 merger agreement. This amended and restated Merger Agreement supersedes the original merger agreement between AGBA and Triller. In accordance with the Merger Agreement, AGBA will domesticate to the U.S. as a Delaware corporation and all AGBA ordinary shares, par value $0.001 per share, will automatically convert into the same number of shares of AGBA Delaware Parent upon successful AGBA Domestication and Delaware incorporation. Once the Triller Reorganization and the AGBA Domestication have occurred, the combined companies will merge and Triller will become a wholly owned subsidiary of AGBA Delaware Parent. Upon successful closing of the transaction, AGBA Delaware Parent will change its name to "Triller Group Inc." and the newly combined companies will operate under the Triller company name and expect to be traded on the Nasdaq under the ticker "ILLR". The merger consideration provided for in the Merger Agreement will be as follows: AGBA Delaware Parent (i) will issue 299,897,852 shares of AGBA Delaware Parent Common Stock to the current common stockholders of Triller, (ii) will issue 37,702,230 shares of preferred stock to the current preferred stockholders of Triller, and (iii) will convert all existing Triller restricted stock units into 54,020,128 AGBA Delaware Parent restricted stock units; and AGBA Delaware Parent also will reserve an aggregate of 54,020,128 shares of AGBA Delaware Parent Common Stock for future issuance upon the vesting of such restricted stock units. A total of 50,000,000 shares of AGBA Delaware Parent Common Stock will be held in escrow as reserved shares, which will be applied toward future settlement of certain Triller legal and financial obligations. AGBA and Triller have agreed that the closing of the Merger will occur as soon as possible, subject to regulatory clearance, approval by AGBA's shareholders and the other closing conditions provided for in the Merger Agreement.
TGL

Hot Stocks

09:12 EDT Treasure Global appoints Leong Wei Ping, Anand Ramakrishnan to board - Treasure Global announced the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company's ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. Anand Ramakrishnan currently serves as Group Managing Director and CEO of Invest Energy Group since January 2013.
PZZA PEP

Hot Stocks

09:11 EDT Papa John's announces PepsiCo as its beverage partner in North America - Papa John's International (PZZA) announced its selection of PepsiCo (PEP) as its exclusive beverage supplier for restaurants in North America through a 10-year contract renewal. The extension of this partnership showcases the brand's ongoing commitment to deliver exceptional value to its customers and franchise partners by offering quality products that customers expect.
VCIG

Hot Stocks

09:11 EDT VCI Global announces $18M contract for IPO deals - VCI Global Limited is pleased to announce that it has secured a major contract with Legacy Corporate Advisory Sdn Bhd a premier consulting firm based in Malaysia. Valued at approximately US$18 million, this significant deal is set to bring four high-potential Malaysian-based companies across diverse industries, including telecommunications, waste management, healthcare and beauty, and leisure to the Nasdaq stock exchange.
MP

Hot Stocks

09:11 EDT MP Materials announces $300M increase to its share repurchase program - MP Materials announced that its Board of Directors has approved a $300 million increase to the Company's existing share repurchase program, bringing the total authorized amount to $600 million. The share repurchase program has also been extended and is now effective until August 30, 2026.
HAL

Hot Stocks

09:10 EDT Halliburton 'evaluating nature and scope' of stolen information - In a regulatory filing, Halliburton said that as previously disclosed, on August 21, the company became aware that an unauthorized third party gained access to certain of its systems. When it learned of the issue, the company activated its cybersecurity response plan and launched an investigation internally with the support of external advisors to assess and remediate the unauthorized activity. The company's response efforts included proactively taking certain systems offline to help protect them and notifying law enforcement. The company's ongoing investigation and response include restoration of its systems and assessment of impacted data. Likewise, the company has been and is communicating with its customers and other stakeholders regarding the incident. The company is following its process-based safety standards for ongoing operations under the Halliburton Management System and is working to identify effects of the incident. The company continues to provide its products and services to customers globally. The incident has caused disruptions and limitation of access to portions of the company's business applications supporting aspects of the company's operations and corporate functions. The company believes the unauthorized third party accessed and exfiltrated information from the company's systems. The company is evaluating the nature and scope of the information, and what notifications are required. The company has incurred, and may continue to incur, certain expenses related to its response to this incident. The company believes that the incident has not had, and is not reasonably likely to have, a material impact on the company's financial condition or results of operations.
LGVN

Hot Stocks

09:09 EDT Longeveron announces type C meeting with FDA for Lomecel-B BLA - Longeveron announced the positive Type C meeting with the U.S. Food and Drug Administration , supporting the advancement of Lomecel-B(TM), a proprietary, scalable, allogeneic, investigational cellular therapy currently being evaluated in a Phase 2b clinical trial for hypoplastic left heart syndrome. The Company and the FDA reached foundational alignment on the primary endpoint and secondary endpoints for ELPIS II. The FDA confirmed that, with several conditional requirements to be accomplished, ELPIS II may be deemed pivotal, and, if positive, acceptable for Biological License Application submission for full traditional approval. Among other items, the Company will need to submit its prespecified Statistical Analysis Plan and Chemistry, Manufacturing and Controls readiness plan, including Lomecel-B stability and comparability data, to the FDA for prior review.."We are pleased to have alignment with FDA on the development pathway for our Lomecel-B(TM) development program in HLHS, which has a devastating impact on patients and their families," said Wa'el Hashad, Chief Executive Officer of Longeveron. "While we have a lot of work yet to do, the potential for ELPIS II to serve as the foundation for a BLA submission significantly reduces the time to reach submission and potential approval of Lomecel-B(TM) as an HLHS adjunct therapy.".
SCLX DECA

Hot Stocks

09:09 EDT Denali Capital Acquisition, Semnur Pharmaceuticals sing merger agreement - Semnur Pharmaceuticals and Denali Capital Acquisition Corp. announced the signing of an agreement and plan of merger for a proposed business combination , by and among Semnur, the SPAC and Denali Merger Sub Inc., a Delaware Corporation and wholly owned subsidiary of the SPAC, which provides for a pre-transaction equity value of Semnur at $2.5 billion. Prior to the closing of the transaction, the SPAC will be redomesticated as a Delaware corporation. Upon closing of the transaction, the combined company will be renamed Semnur Pharmaceuticals, Inc., and its common stock and warrants are expected to be listed on Nasdaq under the ticker symbols "SMNR" and "SMNRW", respectively. The boards of directors of each of the SPAC, Semnur and Scilex have unanimously approved the proposed transaction. The closing of the transaction, which is expected to occur by the first quarter of 2025, is subject to the approval of the SPAC's shareholders, any applicable regulatory approval, and the satisfaction or waiver of certain other closing conditions. Semnur is a clinical-late stage specialty pharmaceutical company focused on the development and commercialization of novel non-opioid pain therapies. Semnur's lead program, SP-102, is the first non-opioid novel injectable corticosteroid gel formulation for patients with moderate to severe chronic radicular pain/sciatica, containing no preservatives, surfactants, solvents, or particulates. If approved by the FDA, SP-102 will be available in a pre-filled syringe formulation and will be administered as an epidural injection for the treatment of sciatica. Semnur has completed a Phase 3 trial for SP-102, which met primary and important key secondary endpoints, with SP-102 treatment decreasing pain intensity for over a month in sciatica patients and resulting in statistically significant and clinically meaningful improvement in the disability index score while maintaining safety comparable to placebo. The Phase 3 topline data result was presented at the American Society of Interventional Pain conference in Las Vegas in May 2022 in an oral presentation by Dr. Nebojsa Nick Knezevic, M.D., Ph.D., Professor of Anesthesiology and Surgery, College of Medicine, University of Illinois at Chicago, President of the Illinois Society of Interventional Pain Physicians, Director-at-Large of the North American Society of Neuromodulation, Vice-Chair for Research and Education, Advocate Illinois Masonic Medical Center, Department of Anesthesiology and Pain Management. This Phase 3 study represents a potential significant improvement in treatment of adult patients with lumbosacral radicular pain, who struggle with the clinical consequences of no currently FDA approved therapies, suboptimal formulations of corticosteroids used off-label and/or excess pain and disability. The results of the pivotal registration trial of SP-102 were published in PAIN on June 14, 2024, the official journal of the International Association for the Study of Pain, which features original research on the nature, mechanisms and treatment of pain.
SMCI

Hot Stocks

09:09 EDT Supermicro doesn't see material changes in Q4 or FY24 results - On September 3, Supermicro disclosed in a regulatory filing a letter issued to its customers and partners, in which Founder, President and CEO Charles Liang wrote: "You may have seen our recent announcement that Supermicro will be delayed in filing its Annual Report for the fiscal year ended June 30, 2024, and separately, a report published by a short seller. I wanted you to hear from me directly about what they mean for you and our products. Neither of these events affects our products or our ability and capacity to deliver the innovative IT solutions that you rely on every day. Our production capabilities are unaffected and continue operating at pace to meet customer demand. Our world class engineering and support teams are also unaffected and continue to build and deploy large scale AI Total Solutions. Our liquid-cooled solutions continue to ramp. We have shipped approximately 2,000 DLC liquid-cooled AI racks to customers, which we believe is more than 75% of the entire DLC liquid-cooled AI server market this calendar year. Ultimately, we remain well-positioned to deliver our broad product portfolio to you and our thousands of other customers around the world. Our primary focus remains to help you meet your IT challenges and execute your mission. In terms of our Annual Report, the Audit Committee of the Board of Directors decided to delay the filing and, as we shared publicly, has also formed a committee to review our internal controls and other matters. The Board committee is working diligently on this thorough review. Importantly, however, when we announced the decision to delay our Annual Report filing, we indicated that based on the work done so far, we don't anticipate any material changes in our fourth quarter or fiscal year 2024 financial results. This is good news. I continue to have strong confidence in our finance and internal teams. Additionally, we remain proud of our strong financial performance driven by our quest to serve your technology needs. We more than doubled revenues year-over-year in fiscal year 2024, which is more than 3 times the industry average, and we are efficiently growing our staff and investing further in innovation to enhance our capabilities. We are becoming stronger year after year. Separately, you may have also heard about a recent report from a short-seller hedge fund that contains false or inaccurate statements about our company including misleading presentations of information that we have previously shared publicly. We will address these statements in due course. As you may know, short seller reports are designed to drive the stock price downwards to serve the short seller's interests to the detriment of the company's shareholders. Your experience as our customer is our number one priority. That experience will not change. We are focused on delivering on our customer commitments and product roadmaps while continuing our robust growth and expansion to meet your evolving needs and support your business objectives. As we look ahead to 2025, we are closing out a historic year with winning products, a record number of orders, a strong and growing backlog of design wins and leading market positions across a number of areas. Your trust in Supermicro drives that success. We are proud to be your partner and grateful for the opportunity to continue and further grow this partnership. Please do not hesitate to reach out to me or your relationship contact at the company with any questions. Thank you." Reference Link
VLD

Hot Stocks

09:09 EDT Velo3D announces NIAR has purchsed a Sapphire 1MZ printer - Velo3D announced that the National Institute for Aviation Research, NIAR, has purchased a Sapphire 1MZ printer to develop performance-based qualification methods of metal 3D-printed parts for airframe applications. The Sapphire 1MZ printer will be configured to produce parts in Inconel 718, a durable nickel-based alloy that provides high corrosion, oxidation, and creep resistance at extreme temperatures, which is extensively used in aerospace applications.
PIPR

Hot Stocks

09:08 EDT Piper Sandler adds Chen as managing director - Piper Sandler Companies announces the addition of Jeff Chen as a managing director to its chemicals investment banking team.
STXS

Hot Stocks

09:07 EDT Stereotaxis' robotic tech to be featured during Heart Rhythm Society congress - Stereotaxis announced that its technology will be prominently featured during the upcoming HRX digital health conference taking place September 5-7, 2024, in Atlanta, Georgia. HRX, an initiative pioneered by the Heart Rhythm Society is focused on exploring digital technologies that advance the boundaries of innovation in cardiovascular medicine. Stereotaxis CEO, David Fischel, will participate in a roundtable discussion titled "The EP Lab of the Future" on September 5th beginning at 4:45 PM EDT. On September 6th at 9:45 AM EDT, Mr. Fischel will join a distinguished panel of experts, including Dr. Ben D'Souza, Dr. Dan Cooper, and Dr. Peter Weiss for a Joint Session of the Society of Cardiac Robotic Navigation and HRS titled "The Role of Robotics in Present and Future Care of Heart Rhythm Patients." These sessions highlight the increasing awareness and relevance of robotic technology in improving patient outcomes and advancing the field of cardiac rhythm management.
CLSK

Hot Stocks

09:04 EDT CleanSpark provides August 2024 Bitcoin mining update - CleanSpark released its unaudited bitcoin mining and operations update for August. Bitcoin mined in August: 478; CY2024 bitcoin mined: 4,586; total bitcoin holdings as of August 31: 7,558; total bitcoin sold in August: 2.50; fleet efficiency: 22.70 J/Th; month-end operating hashrate: 22.6 EH/s. The company sold 2.5 bitcoin in August 2024 at an average price of approximately $56,729 per bitcoin. The average hashrate throughout the month of August was 21.3 EH/s resulting in an average of 15.43 bitcoin mined daily and a single day high of 17.88. 15 MW of additional Dalton data center capacity is expected to be energized and fully hashing by next week. 50 MW of additional Sandersville data center capacity is expected to be energized and fully hashing by mid-month. The initial 30 MW immersion-cooled Wyoming facility is progressing as planned. Power agreements for the sites totaling 75 MW of power were executed in July. In Tennessee, the company is currently utilizing approximately 50 MW of infrastructure under a hosting agreement, which will be owned upon completion of the acquisition of GRIID Infrastructure Inc. 80 MW of additional data center capacity is also under construction by GRIID, which will also be owned upon completion of the sites and the closing of the acquisition.
IHRT

Hot Stocks

09:03 EDT Airtasker announces partnerships with iHeartMedia, TelevisaUnivision - Airtasker announced strategic media partnerships with leading U.S. media giants iHeartMedia and TelevisaUnivision. These strategic alliances mark a significant milestone in Airtasker's U.S. expansion, designed to accelerate growth and amplify brand recognition across the country.
JKHY

Hot Stocks

09:01 EDT Jack Henry announces collaboration with Moov - Jack Henry announced a collaboration with Moov, a modern digital payments processor, to enable community and regional financial institutions to offer enhanced digital payment services to small and medium-sized business customers. The cloud-native service will allow SMBs to accept payments with the tap of a phone, receive same-day funds for payments accepted, and automate reconciliations to accounting software packages. The service will be offered through financial institutions, enabling them to more fully serve their business clients' deposit and payments needs.
ROCK

Hot Stocks

09:01 EDT Gibraltar Industries increases quarterly cash dividend 16.7% to 7c per share - RCI Hospitality has increased its quarterly cash dividend by 16.7%, to 7c per common share from 6c, for Q4 2024. The 4Q24 dividend is payable on September 30 to holders of record at the close of business on September 16.
FXNC

Hot Stocks

09:01 EDT First National Corp. and Touchstone announce shareholders approval of mergerFirst National Corp. - At separate shareholder meetings held on August 29, 2024, First National Corporation (FXNC) the bank holding company of First Bank, and Touchstone Bankshares (TSBA), the bank holding company of Touchstone Bank, received the required approval of each company's shareholders to consummate the previously announced merger of Touchstone with and into First National in an all-stock transaction . Immediately following the Merger, Touchstone Bank would then merge with and into First Bank. The parties expect the Merger to be effective in the fourth quarter of 2024
GUYGF

Hot Stocks

09:00 EDT G2 Goldfields provides update on exploration program at OKO-AREMU prokect - G2 Goldfields provides an update on the ongoing exploration program at the Company's 27,719-acre OKO-AREMU gold project. G2 recently announced an updated Mineral Resource Estimate for the OKO-Aremu project comprised of 922,000 ounces of gold and 1,099,000 ounces of gold. G2's OKO gold resource lies along a prominent 2.5 km long north-south structure which is defined by the high grade OMZ resource to the north [688,000 ounces Au @ 9.03 g/t Au and 495,000 ounces Au at 6.38 g/t Au and the Ghanie open pit and underground resource to the south. G2 is currently drilling the southern half of the structure, where results demonstrate significant potential for the expansion of the established resource. Follow up drilling, which was guided by hole GDD-115 has led to the discovery of a significant new gold horizon to the south of previously defined gold mineralization. Six new drill holes define this emerging zone which has traced gold mineralization from surface to vertical depths of almost 400m. In addition, drilling in the northern and southern portion of the 1.2 km long Ghanie Zone has been successful in expanding both near surface as well as deeper gold mineralization. Hole GDD-134 intersected 18m @ 1.1 g/t Au whilst hole GDD-121A, located approximately 1 km further south, returned 16.5 m @ 2.9 g/t Au, both holes intercepting gold mineralization at vertical depths of approximately 100 meters. Hole GDD-126 and GDD-132W1 extended the deeper gold mineralization to the north at vertical depths of 225m and 500m respectively. Currently, four rigs are drilling on the Ghanie deposit.
NEWT

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08:58 EDT NewtekOne names Andrew Kaplan as Chief Strategy Officer - NewtekOne has hired Mr. Andrew Kaplan as Chief Strategy Officer, effective September 3. Kaplan comes to NewtekOne with over 35 years of experience in banking and financial services, with the focus on creating and managing diverse business lines such as payments, digital banking, retail banking, premier banking, and marketing. Most recently, Mr. Kaplan was the Chief Digital Officer at Flagstar Bank, where he helped transform a dormant digital brand to a leading digital bank and developed a new vertical for the bank, resulting in multi-billion-dollar deposit growth and a 17x increase in accounts in 24 months, with a comprehensive risk and control framework. Prior to Flagstar Bank, Andrew held multiple senior positions in banking areas where he managed the development and growth of key initiatives in areas such as retail products and services, third-party financial solutions, treasury management services, institutional deposits, and retail branch expansion. Andrew began his career in financial services as an investment broker as well as a senior consultant at Citibank Investment Services.
HRB

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08:56 EDT H&R Block appoints Andy Phillips as VP of The Tax Institute - H&R Block announced the promotion of Andy Phillips to Vice President of The Tax Institute. Phillips succeeds Chief Tax Officer Kathy Pickering, who retired after 25 years of service to the company. In his new role, Phillips will lead The Tax Institute at H&R Block and its world-class team of tax attorneys, CPAs and enrolled agents who provide expert research and analysis of state and federal tax laws to deliver an unparalleled benefit to Block clients. Phillips has made significant contributions and held various roles in The Tax Institute throughout his 15-year tenure at Block, including leading Tax Law & Policy Analysis and Tax Research.
BTTR

Hot Stocks

08:55 EDT Better Choice Company to acquire SRx Health for $125M - Better Choice Company announced signing a definitive agreement to acquire SRx Health Solutions, a provider of innovative healthcare solutions, in an all-stock transaction for approximately $125M. SRx Health operates one of the largest specialty pharmacy networks in Canada with 35 specialty pharmacy locations, 40 specialty health/infusion clinics, 4 clinical trial sites and 2 wholesale distribution facilities2. SRx Health is only one of a few specialty pharma operators in Canada with a network that extends across Canada, making it one of the most accessible providers of specialty healthcare in the country. SRx Health in 2023 generated C$161.5 million in revenue and C$11.4 million in pro forma Adjusted EBITDA. Better Choice will continue to operate its portfolio of established premium and super-premium pet products under the Halo brand. Upon closing, Better Choice will emerge as a leading global health and wellness company by providing products and solutions for families to make better choices. The combined entity will leverage operational synergies including infrastructure and distribution, as well as implement growth strategies across both entities to launch into new verticals and geographies. Under the terms of the arrangement agreement, each share of SRx Health common stock issued and outstanding will be converted into common stock of Better Choice. The exchange ratio for conversion of the SRx common stock into Better Choice common stock will be determined based on the 30-day volume weighed average price of the common stock of Better Choice subject to an aggregate share collar, with any resulting fractional shares to be rounded to the nearest whole share. At the effective time of the acquisition, securityholders of SRx Health will own approximately 85% of the combined company and securityholders of Better Choice will own approximately 15% of the combined company, on a fully diluted basis. As part of the transaction, Better Choice will spin-out 8% of the issued and outstanding capital stock of its subsidiary, Halo, Purely For Pets, Inc., to Better Choice stockholders immediately prior to the effective time of the transaction. The transaction has been approved by the Board of Directors of both companies. The closing of the transaction is subject to customary closing conditions, including the receipt of required stockholder approvals from SRx Health and Better Choice. The transaction is expected to close in the fourth quarter of 2024. The combined company's Board of Directors following the consummation of the transaction will consist of five members including Adesh A. Vora, Pharm. D., as Chairman, Michael Young, Lionel Conacher, Kent Cunningham, and David White. The combined company will be led by Adesh A. Vora, the founder, President, and CEO of SRx Health, as Chief Executive Officer of Better Choice. Mr. Vora brings over 24 years of pharmacy and healthcare experience to SRx and leads the company with both a deep knowledge of and passion for the Canadian healthcare system. Since SRx's inception in 2013, Adesh has successfully grown the company from just one specialty pharmacy into a national, comprehensive healthcare service provider. He proudly serves on the board of directors of the Neighbourhood Pharmacy Association of Canada, and as President of the board of Seva International Charitable Foundation. Adesh holds a Doctor of Pharmacy degree from the University of Illinois and has completed Alumni Programs at Harvard Business School and the Massachusetts Institute of Technology Sloan School of Management. Dave Sohi, CA, CPA, CBV, currently CFO of SRx Health, will be appointed President of Better Choice. Kent Cunningham, current CEO of Better Choice, will be appointed as CEO of the Halo business unit. Nina Martinez will remain in her role as CFO of Better Choice.
CVRX

Hot Stocks

08:53 EDT CVRx appoints Kevin Ballinger, Mitch Hill to board of directors - CVRx announced the appointments of Kevin Ballinger and Mitch Hill to its Board of Directors, effective immediately. The Company also announced that long-serving board member Ali Behbahani will be leaving the board. Following these changes, the Company's Board of Directors consists of seven members. Kevin Ballinger brings over 25 years of experience in the medical device industry, most recently serving as the CEOr of Aldevron. Mitch Hill joins the board with over 30 years of financial and operational experience in the healthcare and technology sectors. He is retiring as the CFO of Inari Medical.
RSTN GIFT

Hot Stocks

08:52 EDT RDE announces Nasdaq ticker symbol change - RDE announced that it will be changing its ticker symbol from "RSTN" to "GIFT". Effective on Wednesday, September 4, 2024, the Company's common shares will trade on the NASDAQ under the new symbol "GIFT". No action is required by existing shareholders with respect to the ticker symbol change. The Company's common stock will continue to be listed on the NASDAQ and the CUSIP will remain unchanged.
CRKN

Hot Stocks

08:50 EDT Crown Electrokinetics: Slant wells may add $20M of revenue over next 15 months - Crown Electrokinetics released the following letter to its shareholders. "Dear Fellow Shareholders, I wanted to write you today to provide an update on our project in Cabo San Lucas Mexico, where we were previously selected to install two "slant wells" for Vista Serena. This project is unique because, with our proprietary design, these will be the first wells of their kind. Our process allows coastal communities that have difficulty obtaining water through traditional drilling methods to intake a large volume of water efficiently. Although there are still certain limiting subsurface factors, this new technique is very versatile and can be adapted to many different environments. This process for slant wells has unlocked extraordinary growth potential for Crown, with many developers having already been in contact with our team. These developers, many who had previously been forced to abandon projects due to the inability to get a reliable water source, now have a solution. We are changing the way that landowners, resort operators, developers, and municipalities view the water crisis in the Baja Peninsula. We look forward to leveraging our process and know how to continue to expand our footprint, bringing our solution to places like the Virgin Islands, Latin America, Africa, the South Pacific, and the Middle East. Crown believes that our approach to slant wells could add approximately $20M of revenue over the next 15 months. Jason Erickson, Chief Operating Officer and Executive VP of TSG Water states, "We are very excited that Crown has brought this technology to the Baja Peninsula, where finding sources of reliable feed water for the production of potable water is becoming increasingly more difficult."
TPET

Hot Stocks

08:50 EDT Trio Petroleum reports increases in estimated oil, gas reserves - Trio Petroleum provided an update on estimates of oil and gas reserves and future net cash flows at its South Salinas Project in Monterey County, California. The Company recently filed with the Securities and Exchange Commission a Registration Statement on Form S-1 that included an updated reserve report, effective April 30, 2024 for the Company's assets at the South Salinas Project. The Reserve Report was prepared by an independent third-party engineering firm, KLS Petroleum Consulting LLC. The updated Reserve Report calculated approximately $475 million in estimated discounted net cash flow to the Company from its Probable Undeveloped Reserves of combined Phases 1-3 in the South Salinas Project, which is an increase of approximately $67 million from the Company's earlier reserve report as filed with the SEC. The Reserve Report recognizes Probable Undeveloped Reserves and Possible Undeveloped Reserves for three project development phases, namely existing wells and permitted drilling locations, an additional 12-well drilling program, and the full development of the field over a four year period. The Reserve Report indicates that the Probable Undeveloped Reserves of combined Phases 1-3, net to TPET, are approximately 40 million stock tank barrels of oil and 42 billion cubic feet of gas, or 47 million barrels of oil equivalent, that the associated Undiscounted Net Cash Flow to TPET is approximately $2.1 billion, and that the associated Discounted Net Cash Flow to TPET is approximately $475 million.
INBS

Hot Stocks

08:48 EDT Intelligent Bio Solutions reports 118% y/y growth in customer employee base - Intelligent Bio Solutions announced significant growth in its customer employee base, reporting a 118% fiscal year-over-year increase in the estimated total number of employees across its customer base. As of June 30, 2024, the estimated number of employees within INBS' global customer base has grown by 720,000 compared to an increase of 329,000 the fiscal year prior, bringing the estimated total customer employee base to 1.4 million*. The average number of global employees per new customer in the 2024 fiscal year was 6,500, more than double the average of 3,000 employees per new customer the fiscal year prior. This growth reflects the growing interest and adoption of the Company's Intelligent Fingerprinting Drug Screening System, particularly in industries with high occupational health and safety risks.
CVX

Hot Stocks

08:48 EDT Chevron boosts oil, natural gas recovery at two facilities in Gulf of Mexico - Chevron Corporation announced that it started water injection operations at two projects to boost oil and natural gas recovery at the company's existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico, where Chevron operations produce some of the world's lowest carbon intensity oil and gas.
DWAY

Hot Stocks

08:48 EDT DriveItAway enters partnership with AllShifts - DriveItAway Holdings has partnered with AllShifts to enable on-demand nurses affordable quality personal transportation, regardless of credit score or down payment. DriveItAway, offers a unique 'micro-lease to purchase technology,' allowing customers to drive a vehicle of their choice immediately, without a down payment, long-term financial commitment or approvals based on credit score, always with the option to buy the vehicle at any time. DriveItAway technology is a software platform and app designed for automotive retailers. It reduces the risk associated with subprime or deep subprime credit transactions for both dealers and drivers, leading to satisfied customers and an increase in market share, converting "turn-downs" into happy customers.
ARCT

Hot Stocks

08:47 EDT Arcturus Therapeutics receives clearance of IND application for ARCT-032 - Arcturus Therapeutics announced that the U.S. Food and Drug Administration, FDA, has issued a "Study May Proceed" notification for the Company's Investigational New Drug, IND, application, ARCT-032, to treat cystic fibrosis. FDA clearance of the ARCT-032 IND application enables the Company to initiate a Phase 2 multiple ascending dose study to evaluate the safety, tolerability and efficacy of ARCT-032 in people with Cystic Fibrosis.
BFLY

Hot Stocks

08:46 EDT Butterfly Network appoints Cashman as Chief Business Officer - Butterfly Network announced the appointment of Steve Cashman as Chief Business Officer, CBO, effective today. Cashman joins Butterfly at an exciting juncture, following the Company's successful launch of its third-generation Butterfly iQ3 and historic revenue performance in the first half of 2024. Cashman will join Butterfly's Executive Management Team, overseeing the Company's global sales, marketing, product and corporate strategy.
VISL

Hot Stocks

08:46 EDT Vislink names Joseph Lipowski as new Chief Technology Officer - Vislink Technologies announced the appointment of Joseph Lipowski as its new Chief Technology Officer CTO . A renowned RF and wireless expert, Mr. Lipowski brings over two decades of extensive experience leading high-performance technical teams and overcoming complex communication challenges in demanding environments.Mr. Lipowski has a distinguished record of driving groundbreaking projects that have set new standards in the communications industry. Before joining Vislink, he held several key leadership positions where he played a crucial role in advancing RF system design, software development, and digital beamforming technologies. Most recently, he was Co-Founder and Chief Technology Officer at Starry, Inc., a wireless internet service provider and technology developer. Prior to that, he was Co-Founder and Chief Technology Officer at Aereo, Inc., a live video internet streaming service. He has also held senior engineering roles at LoJack, Lucent and Andrew Corporation. Notably, his expertise includes oversight for cost-effective supply chain selection, ensuring that innovative solutions are delivered with precision and efficiency.
WFRD

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08:45 EDT Weatherford announces acquisition of Datagration, terms not disclosed - Weatherford International announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry's most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio. The integration of Weatherford's digital offering with Datagration's unified data models creates a powerful solution for surveillance, optimization, and decision-making across the well lifecycle. The combination enhances Weatherford's capabilities in digital transformation and drives amplified synergies with its ForeSite CygNet, and CENTRO platforms. Furthermore, it improves digital enablement across the enterprise, creating operating efficiencies, and also allows for the integration of disparate emissions data to enhance emissions tracking, reporting, and overall sustainability management that will help deliver improved value to customers.
SIDU

Hot Stocks

08:45 EDT Sidus Space appoints Coffey as Independent Director - Sidus Space announced that its Board of Directors has appointed Lavanson Coffey as an Independent Director, effective August 27, 2024.
STIM

Hot Stocks

08:44 EDT Neuronetics honors Suicide Prevention Month - Neuronetics is proud to shine a light on the powerful stories shared through the NeuroStar Voices Portal in recognition of Suicide Prevention Month. Launched last year, the portal has become a vital platform for individuals to share their journeys of battling depression and reclaiming their lives through NeuroStar Advanced Therapy. NeuroStar is also marking a key milestone, reaching halfway toward its goal of saving 3,325 lives with this transformative therapy. In less than three years, NeuroStar has treated 88,533 patients, potentially saving 1,771 lives. This achievement is part of a five-year plan to treat 166,240 people with NeuroStar TMS and save 3,325 lives.*1 The five-year plan accelerates momentum gained since NeuroStar's initial FDA clearance in 2008. The 88,533 patients treated in such a short time represent more than half the total number of patients treated between 2008 and 2023.
FOUR

Hot Stocks

08:44 EDT Shift4 Payments teams up with Bar Rescue's John Taffer - Shift4 has partnered with Jon Taffer to support restaurants in need of assistance with the launch of the new SkyTab Rescue Mission contest, featuring $100,000 in prize money. Starting today, restaurant owners can apply to be one of five winners that will each receive a $20,000 business grant, a one-on-one personalized consulting session with Jon Taffer, and a complete SkyTab POS system for their restaurant or bar. Last year, Shift4 & Jon Taffer awarded two Rescue Mission winners in the first iteration of this initiative and are looking to further their support of small businesses with this new and expanded contest.
GVA

Hot Stocks

08:43 EDT Granite announces Arlington Avenue bridges replacement project in Reno, NV - Granite announces its role as Construction Manager at Risk, CMAR, of the Arlington Avenue Bridges Replacement Project, a transformative initiative aimed at replacing the two structurally deficient bridges that cross the Truckee River in the Riverwalk District of downtown Reno, Nevada. The approximately $32 million project was awarded by the Regional Transportation Commission, RTC, of Washoe County and is funded by federal and local fuel tax funds.
DYCQ

Hot Stocks

08:43 EDT DT Cloud Acquisition signs LOI with Shanghai Maius for business combination - DT Cloud Acquisition has entered into a non-binding letter of intent for a business combination with Shanghai Maius Pharmaceutical Technology. Founded in 2015, Shanghai Maius is a biopharmaceutical R&D company focusing on innovative formulations and targeted small-molecule chemical drugs. Its core products include small-molecule chemical drugs and peptide drugs. Under the terms of the LOI, the Company would acquire 100% of Shanghai Maius's outstanding equity and equity equivalents or all of its business, with the deal structure to be determined later by the parties based on further due diligence findings and other considerations. The post-closing combined public company would use a name consistent with the branding of Shanghai Maius. The Company expects to announce additional details regarding the proposed business combination when a definitive agreement is executed, which is expected in the fourth quarter of 2024.
ANGO

Hot Stocks

08:42 EDT AngioDynamics announces CE Mark approval in Europe for Auryon System - AngioDynamics announced European CE Mark approval of the Auryon Atherectomy System, an innovative technology for the treatment of Peripheral Artery Disease, PAD, including Critical Limb Ischemia, CLI, and In-Stent Restenosis, ISR.
DZSI

Hot Stocks

08:42 EDT DZS says laser-focused on conversion of $150M of scheduled backlog - "As Charlie mentioned, during our earnings call later this week we will share in more detail the various changes and enhancements that have occurred since our last earnings call in early 2023," said Misty Kawecki, CFO, DZS. "Our priority throughout the restatement and delayed reporting process has been thoroughness. While we are disappointed with the length of time it took to complete this process, including the cost, this chapter is now behind us. While we will learn from the past, our focus is looking forward. Despite the softness in capital spending by service providers, especially during the 2H 2023 and 1H 2024, we improved profitability with favorable gross margin and optimized our cost structure by 29% year-over-year. We remain laser-focused on the conversion of approximately $150 million of scheduled backlog, converting our numerous active trials to orders, cultivating a robust sales pipeline and converting $75 million of paid inventory to cash."
CLH

Hot Stocks

08:41 EDT Clean Harbors appoints Battles Gerstenberg to board of directors - Clean Harbors announced that Co-Chief Executive Officers Michael Battles and Eric Gerstenberg have joined the Company's Board of Directors, effective immediately.
MRNA

Hot Stocks

08:41 EDT Moderna announces MHRA authorized updated COVID-19 vaccine - Moderna announced that the Medicines and Healthcare products Regulatory Agency, MHRA, has authorized its updated COVID-19 vaccine targeting the JN.1 variant of SARS-CoV-2. Following the MHRA decision, doses will be available for eligible groups as part of the NHS autumn vaccination program, which is prioritized for use in people at greatest risk of serious illness from COVID-19. "As the SARS-CoV-2 virus continues to evolve, COVID-19 continues to present a serious health risk. Updated vaccines targeting circulating strains play a vital role in helping to protect those most at risk from severe illness and hospitalization, alleviating strain on the NHS," said Darius Hughes, UK General Manager of Moderna. "With today's approval from the MHRA, we are pleased that our updated COVID-19 vaccine will be available to the UK public, both through the NHS autumn vaccination program, as well as being available to purchase privately for the first time."
AVDL

Hot Stocks

08:39 EDT Avadel publishes RESTORE data on LUMRYZ for narcolepsy patients - Avadel Pharmaceuticals announced the publication of final data from the RESTORE open-label/switch study, demonstrating that people with narcolepsy prefer once-at-bedtime LUMRYZ versus a twice-nightly immediate-release oxybate treatment option. The U.S. Food and Drug Administration approved LUMRYZ in 2023 as the first and only once-nightly oxybate, which marked a significant milestone for people with narcolepsy, as twice-nightly oxybates were the only other oxybate options available for more than 20 years..."Twice-nightly oxybates can present significant treatment burdens and adherence concerns given the required middle-of-the-night awakening for a second dose. RESTORE study participants overwhelmingly preferred the once-nightly dosing regimen of LUMRYZ over twice-nightly oxybates. RESTORE further highlighted the inconvenience with the middle-of-the-night dose, as well as the associated grogginess and unsteadiness the following morning if the dose was taken late, and the worsening of symptoms when the dose was missed," said Asim Roy, M.D., co-author of the paper and RESTORE investigator, and Medical Director of the Ohio Sleep Medicine Institute. "With LUMRYZ, the majority of switch participants who participated in the survey reported improvements in their ability to get through the day without falling asleep, being better able to sleep through the night, and accomplish more in professional and social settings."
KTTA

Hot Stocks

08:39 EDT Pasithea Therapeutics appoints Rebecca Brown to Scientific Advisory Board - Pasithea Therapeutics announced that Rebecca Brown, M.D., Ph.D. has been appointed as a member of the Company's Scientific Advisory Board. Dr. Brown is currently Director of the Neurofibromatosis Clinic at The Mount Sinai Hospital and Assistant Professor in the Department of Neurology, Internal Medicine, and Neurosurgery at the institution. Dr. Brown will contribute scientific insights and valuable clinical perspectives to Pasithea's development of PAS-004.
RKLB

Hot Stocks

08:39 EDT Rocket Lab sets launch date for second dedicated Kineis Mission - Rocket Lab USA announced it has set the launch window for its 53rd Electron Launch. The mission will be the second of five dedicated launches for the French company Kineis. The 'Kineis Killed the RadIOT Star' mission is scheduled to launch from Rocket Lab Launch Complex 1 in Mahia, New Zealand during a 14-day launch window that opens on September 17, 2024, NZST. This mission will launch just three months after the 'No Time Toulouse' mission, Kineis' first launch with Rocket Lab. 'Kineis Killed the RadIOT Star' will be the second of five dedicated Electron launches for Kineis, a company backed by private and public investors including the French government's space agency CNES and CLS to improve global Internet of Things connectivity.
WTW

Hot Stocks

08:38 EDT WTW launches new property facility with Canopius - WTW announced the introduction of a new property facility with Canopius. This exclusive property option, Client Edge Facility, is now available in the market and was developed by a consortium of industry leaders from WTW Corporate Risk and Broking, North America, Canopius US Insurance, Inc., and Verita Capital Solutions. The new facility will be led by Canopius, underwritten on its U.S. Excess & Surplus paper. Client Edge Facility is designed to provide coverage for large and complex risks, along with middle market property risks for shared and layered programs across WTW's U.S. property portfolio. This Canopius-led facility provides additional property capacity with a specialized premium discount. Client Edge Facility enables WTW to efficiently deliver additional property capacity to clients with a limit of up to $25M. In addition, Verita Capital Solutions' extensive capabilities will enable WTW to continue to expand Client Edge Facility with additional property capacity, aligned with expansion into other lines of business. This is an important step to delivering innovative solutions to WTW's clients, with CRB NA steadfast commitment to driving pioneering solutions for clients across all industries and product lines.
UCB

Hot Stocks

08:37 EDT United Community Banks, 21st Mortgage close sale of housing loan portfolio - United Community Banks announced the August 30th closing of the sale of substantially all of its manufactured housing loan portfolio, totaling $318.2 million, to 21st Mortgage Corporation, a division of Clayton Homes. The business was part of the Reliant Bancorp, Inc. acquisition in January of 2022. The portfolio had been in runoff following United's decision to cease originations in the third quarter of 2023. Including the approximately $11.5 million release of its associated reserve, transaction costs, and other accounting influences, United estimates an $0.18 per share impact to third quarter results. The transaction is slightly accretive to regulatory capital ratios.
LVO TOON

Hot Stocks

08:36 EDT LiveOne, Kartoon Studios to collaborate on custome audio, video channels - Kartoon Studios (TOON) and LiveOne (LVO) announced a new partnership that will bring three dynamic channels of music and video content to audiences of all ages. This collaboration combines both companies' creative expertise and distribution power to deliver tailored entertainment experiences across multiple platforms. The partnership will introduce three distinct channels: 1. Baby Genius: Aimed at children aged 2-8, this channel will offer engaging and entertaining content to stimulate young minds. From animated adventures to sing-along music, Baby Genius is expected to become the ultimate destination for early childhood entertainment. 2. Stan Lee Presents: Targeted at kids and teens aged eight and older, this channel will showcase music related to superhero stories, exciting adventures, and content of the Stan Lee Universe. Stan Lee Presents is expected to captivate a generation ready for action and inspiration. 3. Cartoon Hangover: Designed for teens aged 15 and up, Cartoon Hangover will provide edgy, original content that pushes the boundaries of animation. All your favorite content from the Frederator network will be combined with the hottest music to create a unique music experience. This channel is expected to become the go-to destination for older kids and young adults seeking fresh, innovative entertainment. Kartoon Studios and LiveOne will distribute this custom content using their existing channels and platforms, with the goal of reaching the widest possible audience. This strategic partnership highlights both companies' commitment to delivering high-quality, age-appropriate content that resonates with viewers across various age groups.
SD

Hot Stocks

08:35 EDT SandRidge Energy closes acquisition of Anadarko Basin assets for $144M - SandRidge Energy closed its acquisition of certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for $144M, before customary purchase price adjustments. The company funded the transaction with cash on hand.
ORYZF

Hot Stocks

08:34 EDT Oryzon Genomics receives additional 'Decision to Grant' communications - Oryzon Genomics has received additional "Decision to grant" communications for important patents relating vafidemstat, Oryzon's LSD1 inhibitor in clinical development for the treatment of psychiatric disorders like borderline personality disorder and schizophrenia. The Australian Patent Office has issued a Decision to grant communication for Oryzon's patent application AU2018309372 entitled "Methods of treating behavior alterations". The allowed claims cover the use of LSD1 inhibitors, including vafidemstat, for the treatment of aggression and social withdrawal. This patent, once granted, will not expire until at least 2038, excluding any potential patent term extensions that may provide additional protection. A decision to grant has also been received in Malaysia. These two new decisions to grant add to the recent decisions to grant in the corresponding patent applications in Europe and Korea. A patent has already been granted in Russia, and patent applications are pending in other relevant markets. In addition, a Decision to grant communication has been issued by the Mexican Patent Office for Oryzon's patent application MX/a/2021/011256 entitled "Methods of treating borderline personality disorder". This patent, once granted, will not expire until at least 2040. A decision to grant has already been received in the corresponding Japanese patent application, and patent applications are pending in other relevant markets.
SD

Hot Stocks

08:34 EDT SandRidge Energy raises 2024 production guidance - SandRidge Energy raised its 2024 production guidance to 5.4-6.4 MMBoe from 4.7-5.9 MMBoe. Total liqids production guidance was raised to 2.4-3.0 MMBoe from 2.0-2.6 MMBoe. The company also raised its 2024 CapEx view to $33M-$39M from $8M-$11M.
TCBP

Hot Stocks

08:33 EDT TC Biopharm doses five new patients in the ACHIEVE Phase 2b trial in UK - TC BioPharm announces dosing of 5 new patients in the ACHIEVE Phase 2b trial ongoing in the UK. Currently, the trial has successfully dosed 6 patients with their first of 4 possible doses at the higher dose level. Each 5mL dose contains up to 230 million gamma delta T cells, and a patient is expected to receive up to an approximate 1 billion gamma delta T cells over four doses. Five patients have received their second dose, with 2 of these patients having also received their third dose. This correlates with TCBP's step-wise approach to process improvements, as implemented in Q4 2023, and further steps taken to amend the trial protocol in the first quarter of 2024. New patients will continue to be identified, screened, and enrolled into the study.
MGNI

Hot Stocks

08:33 EDT Blitz selects Magnite as preferred SSP to streamline programmatic strategy - Blitz has selected Magnite as its preferred SSP. This builds on a successful partnership that has seen Blitz's gross revenue grow triple-digit percent on Magnite's DV+ SSP in the first half of 2024. Blitz is concentrating all programmatic deals through Magnite to offer advertisers easier access to the company's omnichannel inventory including display and video. Blitz offers a dedicated activity-tracking platform used by millions of engaged gamers worldwide, including in the US, Canada, UK, Australia, South Korea, Japan, Brazil, and Germany. It offers unparalleled performance insights and cutting-edge learning tools tailored to enhance the in-game experience for titles including Fortnite, League of Legends, and Valorant. Blitz serves a diverse audience and is the number one source of diverse-owned media per Jounce Media's analysis of bid request volume.
SPCB

Hot Stocks

08:31 EDT SuperCom secures new orders valued at $2.6M from European Governments - SuperCom is pleased to announce that it has secured additional new orders valued at $2.6M from European Governments. The orders are expected to be fulfilled within the next three months.
WKSP

Hot Stocks

08:31 EDT Worksport announces 'successful' launch of Dealer Sales Initiative - Worksport announced the "successful" launch of its Dealer Sales Initiative, a key part of its long-term growth strategy. This new sales initiative underscores a significant leap toward amplifying brand recognition and driving robust sales growth in both the automotive accessories and portable clean energy sectors. In August, Worksport aggressively expanded its sales team, onboarding numerous new dedicated sales professionals, each poised to make over 300 sales calls weekly to new and existing dealers. The Company has already engaged with over 4,500 dealers, showcasing significant progress in expanding its dealer network. With plans to double the sales force in the very near term, Worksport is strategically positioned for making a significant impact into this market. With over 18,000 dealers in the industry, Worksport is committed to continuously on boarding new accounts into its B2B sales ecosystem, driving ongoing conversions and market penetration. Though recently launched, Worksport's sales initiative is already gaining traction, with multiple new dealers placing their first orders and many more in the process of receiving initial demonstration units and displays of Worksport's made in the USA AL3 Hard Folding tonneau cover. Worksport is strategically focused on driving long-term, exponential growth, anticipating a snowball effect as more dealers re-engage following initial outreach. Worksport has also seen other benefits from this program, as the Worksport brand continues to expand across the U.S., this program has attracted the attention of three major distributors within USA and Canada and several regional distributors, positioning the Company to scale sales through larger distribution channels and fuel accelerated growth.
LXRX

Hot Stocks

08:30 EDT Lexicon:INPEFA benefited heart failure patients regardless of diabetes duration - Lexicon Pharmaceuticals announced that a post-hoc analysis of Phase 3 data from the SCORED clinical trial demonstrated that INPEFA or sotagliflozin, reduced the risk of major adverse cardiovascular events or MACE, and heart failure HF events across the spectrum of diabetes duration. Researchers noted that HF patients with longer durations of diabetes derived greater benefit from INPEFA, even controlling for similar baseline HbA1c, yet all patients regardless of diabetes duration benefited from the therapy. These findings were presented August 30th at the European Society of Cardiology ESC Congress 2024 in London, United Kingdom and online. Diabetes duration is a well-established significant risk factor for cardiovascular CV disease and its progression. People with longer diabetes duration have a higher CV disease risk. The objective of this analysis of SCORED, one of two pivotal studies that led to FDA approval of INPEFA for heart failure in May 2023, was to evaluate if diabetes duration modifies the efficacy of INPEFA. The primary endpoint was a composite of CV death, HF hospitalization, and urgent heart failure visit events. Secondary endpoints included MACE: CV death, nonfatal heart attack and nonfatal stroke.
OPTT

Hot Stocks

08:30 EDT Ocean Power receives further contract for PowerBuoy deployment - Ocean Power Technologies has received a further contract by the Naval Postgraduate School in Monterey, California. This contract, which supports revenue generation in the near-term, adds to the deployment of OPT's PowerBuoy as part of an ongoing initiative to enhance maritime domain awareness and connectivity in Monterey Bay and demonstrate the use of PowerBuoys for multi-domain drone and communication integration. Building on the success of the previously announced NPS contract, which included installing AT&T 5G technology on a PowerBuoy, this new order focuses on integrating advanced subsea sensors into a PowerBuoy equipped with OPT's latest Merrows suite for AI capable seamless integration of Maritime Domain Awareness across platforms and utilizing communication technologies from AT&T for NPS. The PowerBuoy will provide continuous, autonomous monitoring and data collection capabilities in one of the world's most strategically significant maritime environments. This deployment will contribute to NPS's series of Field Experimentation exercises, designed to test and refine technologies that improve situational awareness and operational efficiency for naval operations. The PowerBuoy will play a critical role in these exercises, offering a robust, resilient platform that supports persistent surveillance and secure communications in maritime settings. Permits pending, the integrated system will be deployed in the late Fall.
KROS

Hot Stocks

08:28 EDT Keros Therapeutics closes screening for Phase 2 trial of cibotercept - Keros Therapeutics announced that the Company has closed screening for the TROPOS trial, a Phase 2 clinical trial of cibotercept in combination with background therapy in patients with pulmonary arterial hypertension. As a result, Keros expects to complete enrollment by the end of September and present topline data in the second quarter of 2025.
AHOTF

Hot Stocks

08:27 EDT American Hotel Income Properties announces strategic dispositions - American Hotel Income Properties REIT announced further progress on leverage reduction through strategic dispositions. On September 2, 2024, the Board of Directors approved the dispositions of five hotel properties with total gross proceeds of $45.9 million. These properties include two hotels in Statesville, North Carolina, and one hotel in each of Melbourne, Florida, Kingsland, Georgia and Houston, Texas. Each disposition is subject to a binding agreement which was entered into following the conclusion of AHIP's previously disclosed marketing process for the properties. AHIP has received total non-refundable deposits of $4.7 million under such agreements, and the dispositions are currently expected to close in the fourth quarter of 2024. The dispositions reflect a value per key of $103 thousand based on gross proceeds. AHIP's current enterprise value per key is $95 thousand, based on the U.S. dollar closing price of US$0.35 per unit on the TSX on August 30, 2024. After adjusting for an industry standard 4% furniture, fixtures, and equipment reserve, the combined sales price for these properties represents a blended Cap Rate of 6.9% on 2023 annual hotel EBITDA. AHIP's current enterprise value reflects an implied Cap Rate of 8.4% on 2023 annual hotel EBITDA, based on the U.S. dollar closing price of US$0.35 per unit on the TSX on August 30, 2024. After adjusting for the expected future capital expenditure requirements, these sales represent a blended Cap Rate of 5.5% on 2023 annual hotel EBITDA. The dispositions of the five hotel properties bring the total gross proceeds of the hotel properties, that have been disposed or are currently under agreements for dispositions in 2024 to $162.0 million. These sales are a key component of the Company's previously announced plan to address 2024 loan maturities and reduce leverage. Specifically, AHIP intends to use proceeds from the disposition of these five hotel properties to pay off the CMBS mortgage debt secured against three of the properties and to pay down the term loans which form part of AHIP's senior credit facility. Two of the five properties form part of the borrowing base for the Credit Facility; accordingly, the proceeds from the sale of such properties will be used solely to pay down the outstanding term loans under such facility.
PHGE

Hot Stocks

08:26 EDT BiomX to present cinical trial data for BX004 at ERS - BiomX announces the Company will present data from BiomX's Phase 1b/2a study of BX004 for the treatment of cystic fibrosis patients with chronic Pseudomonas aeruginosa pulmonary infections. The poster, titled "Novel nebulized phage cocktail in CF patients with chronic P. aeruginosa pulmonary infection: a Ph1b/2a randomized, double-blind, placebo-controlled trial," reports that the Company's phage cocktail, BX004-A, demonstrated favorable safety and notable microbiologic and clinical efficacy in cystic fibrosis patients with chronic P. aeruginosa pulmonary infections, including in patients on standard of care treatment of elexacaftor / tezacaftor / ivacaftor or ETI . The poster will be available on the Company's website following the poster session. "These data, which encapsulate our previously announced Phase 1b/2a study, continue to be encouraging and support our novel approach to treating cystic fibrosis. The European Respiratory Society is an important opportunity to share these results with the European scientific community, and we are grateful to share these positive data," commented Jonathan Solomon, BiomX Chief Executive Officer.
ANNX

Hot Stocks

08:25 EDT Annexon appoints Shikhar Agarwal as SVP, head of commercial - Annexon announced the strengthening of its senior leadership team with the appointment of Shikhar Agarwal, M.B.A. as senior vice president, head of commercial, Sunil B. Mehta, Pharm.D as senior vice president of medical affairs and Myoung Kim, PHD, M.A., M.B.A. as vice president of health economics and outcomes research. Shikhar Agarwal, M.B.A. is a seasoned leader with over 20 years in pharmaceutical marketing, market access, sales and commercial operations, and a track record of successfully leading portfolio strategy, organization build and product launch execution across therapeutic areas. Prior to joining Annexon, he was vice president, head of marketing at argenx. Sunil B. Mehta, Pharm.D. brings 20 years of medical affairs experience including successfully building and leading U.S. and global medical affairs teams and infrastructure for product launches and fostering strong relationships with key opinion leaders across multiple therapeutic areas, including nephrology, hematology, rare neurological and autoimmune disorders. Prior to joining Annexon, he served as vice president and head of medical affairs at argenx. Myoung Kim, Ph.D., M.A., M.B.A. brings over 25 years of experience in health economics and outcomes research and observational research. Prior to Annexon, Dr. Kim was vice president and head of U.S. HEOR, real world evidence and population health at Novartis
UNIT

Hot Stocks

08:23 EDT Uniti Group announces contract award with large hyperscaler - Uniti Group announced a new 20-year contract award from a strategic hyperscale customer in Alabama. As part of this award, Uniti will construct a new long-haul route that will span over 200 route miles when complete, connecting new data centers optimized for Generative AI, and broadening Uniti's reach throughout the state. In order to deliver on the new contract and create significant capacity for future growth, Uniti will build a multi-duct fiber system with several high-count fiber cables between Montgomery and Mobile, AL. This route will create a diverse path between these two markets allowing Uniti's customers to interconnect to other regional and long-haul routes, which connect data centers in other markets. With deep roots in Alabama and a large presence in the City of Mobile, Uniti continues to invest in its fiber network, enhancing connectivity solutions for its enterprise, wholesale and government segments. In addition to finishing construction on a new multi-duct system across Mobile Bay, Uniti was recently awarded "Alabama Middle Mile" grant funding to continue its network growth efforts, strengthening route diversity throughout the state. This contract award was executed in the second quarter and Uniti plans to deliver these fiber routes to its customer in 2025. Over the last several years, Uniti has built almost 4,000 fiber route miles in Alabama, representing over $300 million of capital investment.
FLL

Hot Stocks

08:22 EDT Full House Resorts announces sale of Stockman's Casino for $9.2M - Full House Resorts, through its wholly-owned subsidiary Stockman's Casino, has entered into an agreement with privately-owned Clarity Game to sell the land, building, and certain other operating assets of Stockman's Casino in Fallon, Nevada for total gross proceeds of approximately $9.2 million. The asset sale is expected to occur in two transactions: the sale of Stockman's real property for $7.0 million, expected to close in late-September 2024; and the sale of certain remaining operating assets for $2.2 million, upon the receipt of customary gaming approvals. The Company will temporarily pay monthly rent of $50,000 to Clarity - and will continue to operate Stockman's Casino - until the closing of the second transaction. Upon the second closing, the Company will transfer all of Stockman's daily operations to Clarity.
HLN

Hot Stocks

08:21 EDT Haleon launches Eroxon gel for erectile dysfunction - Haleon announced that Eroxon, the first-and-only FDA cleared gel available without a prescription for the treatment of erectile dysfunction, is now available for pre-order in the U.S. through Amazon and will be available at most major retailers in October. Eroxon is clinically proven to help men get an erection within 10 minutes. Clinical study results show that Eroxon is safe and effective in men with ED.
COMM NOK

Hot Stocks

08:21 EDT CommScope, Nokia collaborate to deliver AI-driven Wi-Fi solution - CommScope (COMM) and Nokia (NOK) announced an AI-driven solution for enabling seamless in-building and campus-wide connectivity, uniquely tailored to the needs of diverse industry verticals. The collaboration provides an innovative integrated fiber and Wi-Fi solution designed to deliver an exceptional end-user connectivity experience in multi-dwelling units, MDUs, hospitality, large public venues, LPVs, and education, among others.
AERT

Hot Stocks

08:20 EDT Aeries Technology announces hub in Guadalajara's La Colonia Americana - Aeries Technology announced the opening of its second office in Mexico, located in the prestigious La Colonia Americana area of Guadalajara. This strategic expansion highlights the increasing trend of nearshoring, as U.S. clients seek to leverage the benefits of outsourcing while maintaining proximity and cultural alignment..."Our new office in Guadalajara will enhance our ability to serve U.S. clients by providing high-quality services and the benefits of nearshore operations," said Mario Jimenez, Head of Mexico Operations. "We are excited to leverage the local talent and contribute to the region's economic growth." The strategic location of the new office will facilitate closer collaboration with clients, offering improved communication and faster response times. This expansion reflects Aeries' vision of driving innovation and operational excellence through strategic nearshore operations.
NTCT

Hot Stocks

08:20 EDT NetScout provided end-through-end service assurance to RINA Wireless - NETSCOUT SYSTEMS announced that it has provided its end-through-end service assurance solutions to the Rural Independent Network Alliance, RINA Wireless, to support mobile control plane and user plane visibility for greater efficiency. NETSCOUT's solutions also help RINA Wireless's mobile carrier service providers, CSPs, to evolve their networks to deliver higher data speeds, lower latency, and increased capacity for an exceptional customer experience.
CRBU

Hot Stocks

08:18 EDT Caribou Biosciences says FDA grants Fast Track designations to CB-010 - Caribou Biosciences announced that the U.S. Food and Drug Administration granted Fast Track designations to CB-010 for refractory systemic lupus erythematosus and to CB-012 for relapsed or refractory acute myeloid leukemia. CB-010, an allogeneic anti-CD19 CAR-T cell therapy, will be evaluated in the GALLOP Phase 1 clinical trial in patients with lupus nephritis and extrarenal lupus, subcategories of SLE. The GALLOP clinical trial is on track to initiate by year-end 2024. CB-012, an allogeneic anti-CLL-1 CAR-T cell therapy, is being evaluated in the company's ongoing AMpLify Phase 1 clinical trial in patients with r/r AML.
VUZI QUCCF

Hot Stocks

08:18 EDT Quanta Computer invests $20M in Vuzix - Quanta Computer (QUCCF) has entered into a $20M three-tranche strategic investment in Vuzix consisting of common and preferred stock of Vuzix (VUZI). Quanta's investment commitment of $20M consists of three investment tranches. The first investment tranche will consist of $10M of Vuzix common stock. The second and third tranches of the total planned investment are $5M each, are tied to specific milestones, and will consist of the purchase of Vuzix Series B Preferred Stock.
BIVI

Hot Stocks

08:17 EDT BioVie announces FDA authorization of IND for Phase 2 trial of bezisterim - BioVie announced that the U.S. Food and Drug Administration has authorized the Company's Investigational New Drug application to evaluate bezisterim for the treatment of neurological symptoms that are associated with long COVID. Receipt of this FDA authorization puts the Company ahead of schedule and on track to receive an additional $12.6 million in grant funding from the U.S. Department of Defense and initiate its Phase 2 trial. The planned Phase 2 study is a randomized, placebo-controlled, multicenter trial in approximately 200 patients to evaluate the safety and tolerability of 3 months of treatment with bezisterim and the potential ability to reduce the neurocognitive symptoms associated with long COVID. The work is supported by the Assistant Secretary of Defense for Health Affairs endorsed by the Department of Defense, in the amount of $499,200 for the planning phase with the option, if approved, to receive an additional $12.6 million, to initiate a clinical trial once the planning phase has concluded and milestones have been met, through the Peer-Reviewed Medical Research Program under Award No. HT9425-24-1-0113. Opinions, interpretations, conclusions and recommendations are those of the author and are not necessarily endorsed by the Assistant Secretary of Defense for Health Affairs or the Department of Defense.
ALUR

Hot Stocks

08:15 EDT Allurion Technologies appoints Johns to board of directors - Allurion Technologies announced the appointment of Keith Johns to its Board of Directors effective September 2, 2024.
CUE

Hot Stocks

08:14 EDT Cue Biopharma to present on CUE-401, CUE-100 series at conference - Cue Biopharma announced that members of its management team will deliver two presentations at The Promise of Interleukin-2 Therapy Conference, taking place September 4-7, 2024 in Paris, France. Presentation Title: CUE-401: A Novel IL-2/TGF-beta fusion protein for the induction & expansion of FOXP3+ regulatory T Cells: Dr. Quayle will present preclinical data on our first-in-class bispecific fusion protein, CUE-401, which induces and expands regulatory T cells through the co-delivery of interleukin 2 and transforming growth factor beta and how this approach differentiates from other Treg-directed therapies. Presentation title: Clinical safety and efficacy of TCR-specific engagers that selectively target IL-2 to tumor-specific T cells: Dr. Levisetti will discuss how the company's lead oncology programs CUE-101 and CUE-102, representative of the CUE-100 series of Immuno-STAT biologics, enable selective targeting of the cytokine IL-2 to tumor specific T cells for enhanced efficacy and safety profiles.
COP

Hot Stocks

08:14 EDT ConocoPhillips appoints Connors to its board of directors - ConocoPhillips announced that its board of directors has elected Nelda Connors to serve as a board member. Connors has more than 25 years of experience in the industrial and manufacturing industries.
AQB

Hot Stocks

08:13 EDT AquaBounty to sell Rollo Bay farm operation - In a regulatory filing, AquaBounty Technologies announced an update on the company's fundraising efforts. "As previously announced, AquaBounty has been exploring a wide range of funding and strategic alternatives to strengthen its balance sheet and increase its cash position. Today, the Company is announcing that it has made the decision to sell its Rollo Bay farm operation. The farm, located on Prince Edward Island in Canada, was purchased by the Company in 2016 and further developed into a broodstock and egg production operation. The Company's investment banker is conducting the sale process, which is expected to be completed before year end," the company stated. David Melbourne, Chief Executive Officer of AquaBounty, said, "We continue to be focused on securing funding for both our near and long-term needs, so that we can return to pursuing our growth strategy. The Rollo Bay farm was purchased and developed to support an expansion plan for five large land-based grow-out farms. Since we will not require the egg output from the Rollo Bay farm in the near to mid-term timeframe, and since we will retain sufficient egg production capacity for our Ohio farm from our hatchery in Bay Fortune, we have determined that the Rollo Bay farm can be sold at this time to resolve the Company's immediate cash requirements, without impacting our long-term strategy. We are also continuing to pursue additional funding and strategic alternatives with the goal of securing our cash requirements in the coming months," concluded Melbourne. Reference Link
DEA

Hot Stocks

08:13 EDT Easterly Government Properties completes acquisition of VA - Jacksonville - Easterly Government Properties announced that it has, through its joint venture, completed the acquisition of the previously announced 193,100 leased square foot outpatient facility leased to the Department of Veterans Affairs located in Jacksonville, Florida. VA - Jacksonville is the final property to be acquired in the previously announced portfolio of 10 properties 100% leased to the VA under predominately 20-year firm term leases.
RGNX

Hot Stocks

08:13 EDT Regenxbio's RGX-121 shows efficacy in Phase 1/2/3 Hunter syndrome trial - Regenxbio announced positive results from the Phase I/II/III CAMPSIITE trial of RGX-121 for the treatment of patients with Mucopolysaccharidosis Type II, also known as Hunter syndrome. The totality of evidence from the CAMPSIITE trial continues to support RGX-121 as the potential first gene therapy and one-time treatment for MPS II. In the U.S. RGX-121 is also on track to be the first treatment that addresses the neurocognitive decline associated with MPS II, with the potential to be the first-line treatment for patients with neuronopathic disease. Patients receiving RGX-121 at the pivotal dose level demonstrated an 85% median reduction of cerebrospinal fluid levels of heparan sulfate D2S6, a key biomarker of brain disease activity, approaching normal levels and sustained for up to two years. Topline results presented earlier this year from the CAMPSIITE trial demonstrated that the pivotal phase of the trial met its primary endpoint with statistical significance. As of January 5, RGX-121 continues to be well tolerated in 25 patients dosed across all phases of the CAMPSIITE trial. Regenxbio is on track to initiate a rolling Biologics License Application submission using the accelerated approval pathway in Q3 using CSF D2S6 as a surrogate endpoint reasonable likely to predict clinical benefit. Approval of the planned BLA could result in receipt of a Priority Review Voucher in 2025.
COGT

Hot Stocks

08:13 EDT Cogent Biosciences announces trials in patients with GIST completes enrollment - Cogent Biosciences provided several updates from the company's ongoing registration-directed clinical trials of its potential best-in-class KIT mutant inhibitor, bezuclastinib. Patient enrollment is now complete in Cogent's Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for the treatment of patients with gastrointestinal stromal tumors or GIST. Based on strong global patient interest, a total of 413 patients were enrolled in the study. In addition, Cogent recently completed a pre-planned interim futility analysis, and the Independent Data Monitoring Committee or IDMC, recommended continuing the PEAK study without modification. ...Cogent also announced today that it expects to complete enrollment in this study during Q1 2025, approximately three months earlier than originally projected. "We are excited to announce these important updates to the PEAK and SUMMIT studies...," said Andrew Robbins, Cogent's President and Chief Executive Officer. "Strong continued interest from patients around the world to participate in our bezuclastinib trials has allowed us to accelerate development and surpass our original enrollment timelines. Completing enrollment in our Phase 3 PEAK trial of bezuclastinib and sunitinib for second-line GIST patients several months ahead of schedule represents a significant milestone for the program and we are extremely grateful to the patients, families, caregivers, advocacy groups and clinical investigators for their participation in, and support of, the PEAK trial."
RYAN

Hot Stocks

08:12 EDT Ryan Specialty signs agreement to acquire Property and Casualty MGUs - Ryan Specialty announce it has signed a definitive agreement to acquire the Property and Casualty MGUs owned by Ethos Specialty Insurance from Ascot Group. Ethos P&C was founded in 2017 by Ascot Group and will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. Ethos' Transactional Liability MGU is not included in the transaction and will remain with Ascot. Terms of the transaction were not disclosed. The acquisition is expected to close during September 2024.
HQY

Hot Stocks

08:12 EDT HealthEquity announces collaboration with Paytient - HealthEquity announced a new collaboration with Paytient to offer employees greater confidence pursuing healthcare through Health Payment Accounts. Forty percent of workplace-insured Americans reported deferring care due to cost.1 With HPAs, employers can offer employees and their families the option to better manage copays over time for medical, dental, vision, Rx and behavioral care-it even works for pet care at the vet. This safety net improves access to essential care, eliminates the hassle and embarrassment of credit applications, and saves employees money on interest and fees.
FRPT

Hot Stocks

08:11 EDT Freshpet appoints Nicki Baty as COO - Freshpet announced Nicki Baty has been appointed COO, effective September 1, 2024. Ms. Baty will report directly to Billy Cyr, CeO. Ms. Baty spent nearly 20 years at Colgate-Palmolive where she most recently served as President and General Manager of Hill's Pet Nutrition U.S. She has deep experience in driving transformative growth initiatives and leading businesses across multiple international markets. Scott Morris built and created Freshpet's original products, brands and marketing model. Continuing in his role as President and Co-Founder, he will be responsible for developing the future of Freshpet's product portfolio, starting from ingredients to a reimagined consumer proposition utilizing next-generation manufacturing technologies. The goal is to provide Freshpet with the next decade of competitive advantage, solidifying its leadership in fresh pet food. He will work closely with Ms. Baty and the commercial team as the co-founder of the business to fortify the Company's future business and growth models. Ms. Baty will have responsibilities consistent with her role as COO. However, until May 10, 2025 her commercial responsibilities will be limited to the Mass, Grocery, and Club channels.
ASO

Hot Stocks

08:09 EDT Academy Sports says nine additional stores to open in fall 2024 - Academy Sports + Outdoors is excited to announce it will open 9 new stores in fall of 2024 in Beckley, West Virginia; Kingsport, Tennessee; Bloomington, Indiana; Selma, North Carolina; Ft. Myers, Florida; Birmingham, Alabama; Springfield, Ohio; Bradenton, Florida; and Bulverde, Texas. Academy has already opened three new stores this year, with plans to open a total of 15-17 new stores in fiscal year 2024.
ESPR

Hot Stocks

08:09 EDT Esperion secures additional commercial, Medicare formulary coverage for NEXLETOL - Esperion announced that NEXLETOL and NEXLIZET have achieved additional coverage on national and large regional formularies since the U.S. Food and Drug Administration's approval of the expanded indications, increasing total coverage to more than 136 million commercially insured lives and 34 million Medicare lives. Additionally, many payers have accelerated alignment of utilization management criteria since the FDA approval of the expanded indications to the new labels.
RIGL

Hot Stocks

08:08 EDT Rigel Pharmaceuticals enters license and supply agreement with Kissei Pharma - Rigel Pharmaceuticals announced it has entered into an exclusive license and supply agreement with Kissei Pharmaceutical Co. to develop and commercialize REZLIDHIA in all current and potential indications in Japan, the Republic of Korea and Taiwan. REZLIDHIA is commercially available to patients in the U.S. for the treatment of relapsed or refractory mutated isocitrate dehydrogenase-1 acute myeloid leukemia. Rigel has an existing agreement with Kissei to develop and commercialize TAVALISSE for the treatment of chronic immune thrombocytopenia and in all other potential indications in Japan, China, Taiwan and the Republic of Korea. Under the terms of the agreement, Rigel will receive an upfront cash payment of $10M from Kissei, with the potential for up to an additional $152.5M in development, regulatory and commercial milestone payments. Rigel will receive product transfer price payments in the mid-twenty to lower-thirty percent range based on tiered net sales for the exclusive supply of REZLIDHIA. Kissei receives exclusive rights to REZLIDHIA in AML and all future indications in Japan, Korea and Taiwan. Kissei will initially seek approval for REZLIDHIA in Japan for R/R mIDH1 AML and will be responsible for conducting clinical studies as required by the Japanese regulatory agency, Pharmaceuticals and Medical Devices Agency.
NICE

Hot Stocks

08:08 EDT Nice announces new centralized gateway to Government Services - NICE announced its Integrated Front Door to Government Services. The new FedRAMP Integrated Front Door solution addresses a top government initiative, aiming to improve the citizen experience. It leverages generative AI to deliver a voice and digital entry point that determines constituents' intent, authenticates and then enables constituents to self-serve, or seamlessly transfer to a live agent within the correct agency including all the relevant data and content captured by the CXone platform. This enables government agencies to deliver a frictionless citizen experience.
CNFR

Hot Stocks

08:07 EDT Conifer Holdings sells insurance agency operations, names Brian Roney CEO - Conifer Holdings completed the sale of its insurance agency operations for consideration equal to $45 million, plus possible additional earn-out payments of up to $25 million based on the future performance of the operations that were sold. Conifer also sold its remaining interest in Sycamore Specialty Underwriters for a purchase price of $6.5 million, of which $3 million was paid at closing and the remaining $3.5 million is scheduled to be paid by the end of 2024. As a result of the sale, Conifer no longer has any insurance agency operations, and the company expects a significant decline in revenue. In connection with the transactions, Mr. Nick Petcoff resigned as the CEO and as a director of Conifer and accepted a position with the purchaser. The Board of Directors of Conifer has appointed Brian Roney, Conifer's President, to the position of CEO.
TILE

Hot Stocks

08:07 EDT Interface expands recycling capabilities in Europe - Interface announced continued efforts to develop a circular economy with expanded capabilities at its recycling facility in Scherpenzeel, Netherlands. The Scherpenzeel recycling plant will now use an innovative process to recycle post-consumer carpet tiles that cannot be reused, supporting Interface's commitment to circularity. This will enable the used products to be immediately returned to the production cycle and used to make new carpet tiles for the European market.
RXRX

Hot Stocks

08:06 EDT Recursion: Phase 2 Data of REC-994 for CCM met primary endpoint for safety - Recursion announced top-line results of the SYCAMORE trial, a 12-month Phase 2 randomized double-blind, placebo-controlled, safety, tolerability and exploratory efficacy study for REC-994 in symptomatic CCM patients. REC-994 met its primary endpoint of safety and tolerability, demonstrating a similar profile across placebo and both 200mg and 400mg dosage-arms with regard to the frequency and severity of adverse events after 12 months of treatment. Magnetic resonance imaging-based secondary efficacy endpoints showed a trend towards reduced lesion volume and hemosiderin ring size in patients at the highest dose as compared to placebo. Time-dependent improvement in these trends at the 400mg dose was also observed in this signal-finding study. Improvements in either patient or physician-reported outcomes were not yet seen at the 12 month time point. A meeting with the FDA is anticipated as soon as practical to discuss plans for an additional clinical study. Recursion plans to present data from this trial at a forthcoming medical conference and intends to submit these data for publication in a peer reviewed scientific journal. "We are encouraged by the recent data from our signal-finding Phase 2 study in CCM, where the trial successfully met its primary safety endpoint and became the first investigational therapy to demonstrate safety alongside some promising trends in exploratory efficacy endpoints. These results provide critical insights that will inform our next study design, including exploring study duration, higher doses, and a larger cohort of patients," said Najat Khan, Ph.D., Chief R&D Officer and Chief Commercial Officer of Recursion. "This is the first of several key clinical readouts for the company and represents an early proof-of-platform milestone for our constantly evolving Recursion OS, as we build upon our success in drug discovery with expertise and execution in mid-phase development. We are deeply grateful to the patients and investigators, and we are committed to advancing potential transformational therapies for CCM and beyond." Background on Cerebral Cavernous Malformation or CCM...
SGRP

Hot Stocks

08:06 EDT Spar Group to be acquired by Highwire Capital for $2.50 per share - SPAR Group has entered into a definitive agreement to be acquired by Highwire Capital. Under the terms of the agreement, which has been unanimously approved by SPAR Group's Board of Directors, SPAR Group stockholders will receive $2.50 per share in cash, representing a 72% premium over the closing share price on the last trading day before the announcement and a 37.8% premium over SPAR Group's 30-day volume-weighted average share price. Upon approval by SPAR Group's stockholders and completion of the transaction, SPAR Group will become a privately held company, and its stock will no longer be traded on NASDAQ. The transaction is expected to close in the fourth quarter of 2024, subject to the receipt of stockholder approval, regulatory approvals, and the satisfaction of other customary closing conditions. Highwire has obtained a debt financing commitment, the proceeds of which will be sufficient for Highwire to consummate the transaction contemplated by the merger agreement. Simultaneously with the execution of the merger agreement, William H. Bartels, a member of the SPAR Board and holder of approximately 20% of the outstanding shares, entered into a voting agreement and irrevocable proxy with Highwire. As a closing condition, the Company will have balance sheet cash of not less than $14,200,000 as of the closing date including all amounts expected to be received by the Company in connection with the disposition of any of the Company's entities. Following the close of the transaction, SPAR Group will continue to be led by Mike Matacunas, who has been its President and CEO since early 2021.
HRTX

Hot Stocks

08:06 EDT Heron Therapeutics names Brett Fleshman as Chief Business Officer - Heron Therapeutics announced the appointment of Brett Fleshman as Chief Business Officer. Fleshman will contribute his 25 years of experience in corporate and business development, commercial strategy, and marketing of pharmaceuticals, biologics, and surgical devices to the management team enabling the next phase of growth. Most recently, Brett Fleshman served as Managing Director at NovaQuest Capital Management.
DNLI

Hot Stocks

08:04 EDT Denali Therapeutics plans to file for accelerated approval of tividenofusp alfa - Denali Therapeutics announced the outcome of a recent successful meeting with the Center for Drug Evaluation and Research division of the U.S. Food and Drug Administration providing a path to filing a biologics license application for accelerated approval and subsequent conversion to full approval for tividenofusp alfa for the treatment of MPS II. Agreement was reached that cerebrospinal fluid heparan sulfate is reasonably likely to predict clinical benefit and can be used as a surrogate endpoint to support accelerated approval for tividenofusp alfa in MPS II. Based on discussions with CDER, Denali will include preclinical and clinical data on biomarkers and safety in the BLA for tividenofusp alfa as a treatment of MPS II and intends to submit the BLA under the accelerated approval pathway in early 2025. Denali also announced new interim data from the Phase 1/2 study being presented at the Symposium of the Society for the Study of Inborn Errors of Metabolism taking place September 3-6, 2024, in Porto, Portugal. The presentations include data from additional study participants and longer duration of treatment with tividenofusp alfa as well as new analyses on biomarkers and clinical outcomes. Highlights are summarized as follows: CSF HS: 90% mean reduction in CSF HS from baseline at Week 24 with all participants having normal or near normal levels at Week 24. CSF HS reduction was sustained through Week 104. Urine GAGs: Proportion of participants with normal total urine glycosaminoglycans increased from 5% of participants at baseline to 77% at Week 24, and the effect was sustained through Week 129. Importantly, the majority of patients were on standard of care prior to switching to tividenofusp alfa, without a protocol defined washout period, suggesting additional urine GAG reduction with tividenofusp alfa treatment. Serum NfL: Significant and sustained reduction of serum NfL from baseline with all participants who had reached Week 129 having normal or near normal levels, suggesting a reduction of neuronal injury in participants with MPS II. More rapid NfL reductions were associated with younger age. Clinical Outcomes: Improvement or stabilization in adaptive behavior and cognitive scores, hearing, liver volume, and growth outcomes were observed. Safety: Tividenofusp alfa was generally well tolerated, with a safety profile that continues to support development as a treatment for MPS II.
CCG BIDU

Hot Stocks

08:04 EDT Cheche Technology announces partnership with NEV company JI YUE - Cheche Group (CCG) announced that it has entered into a partnership with Shanghai Jidu Automobile Company, as Cheche further diversifies its partner network with leaders in the new energy vehicle industry. JI YUE, a joint venture between Chinese tech giant Baidu (BIDU) and car manufacturer Geely, is focused on the development of autonomous NEVs and related AI technology. It intends to become the first company providing an interactive experience with AI in vehicle production. Cheche successfully launched a customized system for JI YUE, creating channels for purchasing auto and non-auto insurance products both online and offline. The system is integrated into Cheche's core platform and is equipped with resources to grow and strengthen JI YUE's sales channels and enhance account settlement capabilities, among other functionalities.
JBL

Hot Stocks

08:03 EDT Jabil appoints Dastoor to board of directors - Jabil announced that CEO Michael Dastoor has been appointed to the company's Board of Directors. This appointment follows Dastoor's recent promotion to CEO in May 2024.
PWUP

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08:03 EDT PowerUp Acquisition, Aspire Biopharma enter business combination agreement - Aspire Biopharma and PowerUp Acquisition Corp., have entered into a definitive agreement and plan of merger. The proposed business combination is subject to customary closing conditions, including regulatory and stockholder approvals. The combined public company is expected to be named "Aspire Biopharma Holdings, Inc." and plans to list its common stock on Nasdaq under the new ticker symbol "ASPH", subject to the approval of its listing application. Aspire Biopharma, Inc. is a privately held, early-stage biopharmaceutical technology company founded in 2021. The Company is engaged in the business of developing and marketing a disruptive technology for novel delivery mechanisms for "do no harm" FDA approved drugs, nutraceuticals and supplements. Aspire has developed and acquired technologies that are a Novel Soluble Formulation which address emergencies and drug efficacy, dosage management, patient compliance and safety and rapid response and absorption time when required and desired. Aspire had historically focused on the delivery of aspirin, which may be the most studied and accepted analgesic and anti-inflammatory. However, current aspirin applications have limitations due to side effects from acidity. Instaprin, which addresses cardiology emergencies and pain management, is a granular or powder formulation of a soluble, Ph neutral, fast acting aspirin. Benefits of "instant absorption" aspirin are to stop heart attack and stroke; allow high dose absorption for pain management including quick headache relief, post-surgery, cancer pain management, and general pain relief. Aspire currently plans to file a 505(b)(2) New Drug Application with the U.S. Food and Drug Administration for Instaprin. The 505(b)(2) pathway specifically benefits new drugs that are similar to already approved drugs but have slight variations in formulation or administration routes. Aspire can reference the safety and efficacy data of the original innovator drug which can accelerate the approval process and reduce associated costs. In addition to the Company's lead candidate Instaprin, Aspire has numerous pharmaceutical and nutraceutical applications under development in the following areas, including but not limited to a proprietary Viagra/Cialis combination product which is faster acting, requiring decreased dosages with the benefit of a longer half-life, various bi-hormonal drugs such as testosterone, estrogen and weight loss drugs, traumatic brain injury drugs, and thyroid drugs, among others. The boards of directors of PowerUp and Aspire have approved the Business Combination, subject to, among other things, the approvals by stockholders of PowerUp and Aspire and satisfaction or waiver of the other conditions outlined in the Merger Agreement. Net proceeds from the Business Combination are expected to enable Aspire to further expand the internal development of new product offerings, accelerate strategic partnerships and "Fast Track" Instaprin, a "do no harm" aspirin medication through the FDA and regulatory agencies. Under the terms of the Merger Agreement, Aspire's existing shareholders will continue to own in excess of a majority of the post-combination company upon consummation of the Business Combination.
MOVE

Hot Stocks

08:03 EDT Movano reports on FDA meeting on EvieMED Ring application - Movano Health announced that a meeting with the FDA on August 15 resulted in a positive outcome regarding the EvieMED Ring's wellness features and metrics. Following this development, the company will be working with the agency to move forward with the review process. The EvieMED Ring is a wearable device designed to provide medical device functionality and also offer numerous wellness metrics related to sleep, activity and logging of mood, energy and other characteristics. On April 21, Movano Health filed an updated 510(k) clearance application for the EvieMED Ring's pulse oximetry feature. In late June, the FDA review team requested additional information related to the wellness aspects of EvieMED. Movano Health provided a draft response to the FDA's questions on July 10 and requested a meeting with the agency to review the company's response. Separately, Movano Health recently announced that it will begin taking D2C orders again for the Evie Ring on September 17.
LDOS

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08:02 EDT Leidos awarded CDC's National Health Safety Network modernization contract - Leidos was recently awarded the National Healthcare Safety Network Development, Maintenance, Support, and Modernization contract by the Centers for Disease Control and Prevention, National Center for Emerging and Zoonotic Infectious Diseases. Leidos will leverage its data management and mission software expertise to continue delivering a secure NHSN platform, including the necessary support applications and inputs from partnering federal agencies. The contract has a total value of $51M over a five-year period of performance.
LUCD PAVM

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07:54 EDT Lucid Diagnostics partnering with Front Line Mobile Health in esophageal cancer - Lucid Diagnostics (LUCD), a cancer prevention medical diagnostics company subsidiary of PAVmed (PAVM), announced the execution of a memorandum of understanding with Front Line Mobile Health, a comprehensive medical care provider for first responders. The MOU focuses on the exploration of co-marketing and collaboration opportunities to promote and expand patient access to Lucid's EsoGuard Esophageal DNA test for the early detection of esophageal precancer, particularly among firefighters. Front Line is a veteran-owned company that specializes in providing comprehensive medical care for first responders, including fire, law enforcement, and emergency medical services.
RIG

Hot Stocks

07:53 EDT Transocean estimates Q3 non-cash charge of $630M-$645M related to asset sales - In a regulatory filing, Transocean stated: "On September 3, 2024, as part of our ongoing efforts to dispose of non-strategic assets, Transocean Ltd. announced that a subsidiary of the company entered into agreements with a third party to sell the Development Driller III and associated assets for $195M and the Discoverer Inspiration and associated assets for $147M. The company expects the sale of these assets, for an aggregate $342M, will result in an estimated non-cash charge for the third quarter 2024 ranging between $630M and $645M associated with the impairment of such assets. The transactions contemplated by the agreements are subject to customary closing conditions and are expected to close in the third quarter of 2024. The company intends to use substantially all of the proceeds from these transactions to repay existing indebtedness." Reference Link
SKWD

Hot Stocks

07:53 EDT Skyward Specialty Insurance, Bishop Street announce joint venture - Bishop Street Underwriters announced a strategic joint venture with Skyward Specialty Insurance Group. Bishop Street is a value-additive acquirer and program incubator, marrying an MGA's established brand equity with best-in-class capabilities, capital, and resources to build a powerful growth platform. With several deals completed and several more expected to close this year, Bishop Street is partnering with entrepreneurs, operators, and underwriters across specialty P&C markets. The joint venture will accelerate Bishop Street's ability to strengthen MGAs and support existing program expansion, new product and program launches, and underwriting team lift-outs with preferred Admitted and E&S capacity. Bishop Street's data-driven, tech-enabled decision making and value creation capabilities, combined with Skyward Specialty's robust underwriting expertise, distinctive advanced technology and analytics capabilities, primary insurance capacity and financial strength, will further enable Bishop Street to address the unique needs of its MGA businesses and entrepreneurial underwriters looking for a turnkey platform.
ME

Hot Stocks

07:52 EDT 23andMe updates clinical immuno-oncology programs 23ME-00610 at ESMO - 23andMe Holding announced that it will display three poster presentations on 23ME-00610, a first-in-class anti-CD200R1 antibody, and two on 23ME-01473, an anti-ULBP6 monoclonal antibody, at the European Society for Medical Oncology ESMO Congress 2024, taking place September 13 - September 17 in Barcelona, Spain. 23andMe will present additional preliminary clinical data, including efficacy data, for the clear-cell renal-cell carcinoma and high tumor microsatellite instability and/or high tumor mutational burden patient cohorts in the Phase 2a portion of its ongoing Phase 1/2a clinical trial evaluating 23ME-00610, as well as share further analyses on an exploratory tissue-based biomarker, CD200...The Company will present preclinical data on the 23ME-01473 program, as well as a trials in progress presentation on the Phase 1 clinical trial that began in March 2024. 23ME-01473 targets soluble ULBP6, which is released by cancer cells to promote an immunosuppressive tumor microenvironment. It is also Fc-effector enhanced to provide an additional mechanism for NK cells to induce cell death of ULBP6-expressing cancer cells.
MTEK

Hot Stocks

07:52 EDT Maris-Tech receives patent for forward error correction optimization method - Maris-Tech has been granted a new patent from the United States Patent and Trademark Office for its innovative forward error correction method, which optimizes FEC processes in media communication streaming. The underlying method was invented by Magenya Roshanski, the CTO of Maris-Tech, further contributing to the Company's technological advancements. FEC is a critical technique used to handle errors in data transmission by adding redundant or additional data alongside the original streamed data. Maris-Tech's novel method optimizes this process by leveraging characteristics specific to video streaming, such as varying frame sizes with different potential for errors. This pioneering method significantly reduces the required overhead data while maintaining and improving effective error correction capabilities. The method encodes, segments and packetizes the frames to generate an elementary stream of media packets with variable sizes.
REKR

Hot Stocks

07:51 EDT Rekor Systems appoints Rish Malhotra as EVP, global strategic growth - Rekor Systems announced the appointment of Rish Malhotra as Executive Vice President of Global Strategic Growth. Malhotra will drive Rekor's strategic growth initiatives, opening new routes to market for its AI-powered transportation and traffic solutions. His leadership will be pivotal in expanding market opportunities, enhancing operational efficiencies, and accelerating growth through strategic industry partnerships and channels. Malhotra's distinguished career includes his role as President & CEO of International Road Dynamics Inc., where he successfully led the international deployment of innovative technologies and safe, sustainable solutions in the ITS sector
FLYX SOAR

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07:50 EDT flyExclusive enters exclusive agreement to provide services to Volato Group - flyExclusive (FLYX) announced that it has entered into an Aircraft Management Services Agreement, AMS, with Volato Group (SOAR), the largest HondaJet operator in the United States. Under the terms of the agreement, the Company will manage flight operations, sales and expenses of Volato's fleet, consisting of 13 fully fractionalized aircraft, 8 leased aircraft and 4 managed aircraft. The goal is to transfer aircraft to the flyExclusive certificate, which will occur over the coming months in coordination with the FAA. The Company will also execute the flights for the Volato customer base of approximately 184 fractional customers and 265 block customers on the Volato certificate, until they are moved over to FLYX agreements, in addition to Volato's retail and wholesale business. This will significantly increase the FLYX direct-to-customer facing business as planned nearly immediately.
AFMD

Hot Stocks

07:49 EDT Affimed appoints Shawn Leland as Chief Executive Officer - Affimed announced today that Shawn M. Leland, PharmD, RPh has been appointed as Chief Executive Officer CEO . Dr. Andreas Harstrick, who has been serving as acting CEO since January 2024 will continue in his position as Chief Medical Officer CMO ."Affimed has an impressive pipeline of three clinical stage assets, that have all delivered clinical proof of concept and have validated the company's strategy to harness the innate immune system to fight cancer," said Shawn Leland. "These data together with the successful transformation of the organization were central to my decision to join the team. I am eager to lead Affimed toward meaningful inflection points so that these much-needed novel therapies reach those currently underserved patients and increase value for our shareholders."
PWWBF

Hot Stocks

07:48 EDT PowerBand Solutions enters strategic advisory agreement with John Wimsatt - PowerBand Solutions has entered into a Strategic Advisory Agreement with John Wimsatt, former CIO at ECN Capital Corp., to act as an advisor to the Board of PowerBand Solutions Inc. The Company has also approved, up to a CAD $10 million non-brokered, private placement of common shares of the Company. In his role as Advisor to the Board, Mr. Wimsatt will primarily be focused on leading the process to identify and secure the formation of additional lease origination funding facilities and advise the Company with respect to negotiations of structure, price, terms and consideration applicable to any potential transaction. He will also provide strategic oversight, diligence and financial advisory services relating to the Company's automotive leasing origination business. The Company is also pleased to announce the Offering, on a non-brokered private placement basis, of up to 200,000,000 common shares of the Company at a price of $0.05 per Common Share for aggregate gross proceeds of up to CAD $10,000,000. The Company also announces that Mr. Wimsatt, along with insiders, management and existing shareholders, have indicated that they will be participating in the Offering. The net proceeds of the Offering will be used to fund growth initiatives, and for general corporate and working capital purposes, including supporting the restart of lease originations. The Company also reserved the right, in its sole discretion, to increase the Offering size by up to $2,000,000 based on market demand.
DTMXF

Hot Stocks

07:44 EDT Datametrex completes VTB obligation for Imagine Health acquisition - Datametrex AI has fulfilled and completed its vendor take-back obligation related to the acquisition of Imagine Health Centres, as outlined in the Company's previous news release, dated November 30, 2022. As part of the acquisition, Datametrex committed to a secured VTB note with a principal amount of $800,000, payable in installments over 6, 12, and 18 months. The Company is pleased to report that all payments have been made in full, demonstrating the Company's commitment to its obligations and its ongoing support for the growth and success of Imagine Health.
HTHT

Hot Stocks

07:41 EDT H World CFO Jun Zuo to resign, Hui Chen to succeed - H World Group announced that Mr. Jun Zou will resign as CFO of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as CFO of the Company, effective on September 4, 2024.
NCLH

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07:41 EDT Norwegian Cruise Line announces proposed offering of senior notes - NCL Corporation announced that it is proposing to sell $315.0 million aggregate principal amount of its senior notes due 2030 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. We intend to use the net proceeds from the Notes Offering, together with cash on hand, to redeem $315.0 million aggregate principal amount of the 3.625% Senior Notes due 2024 including to pay any accrued and unpaid interest thereon. The redemption of the 2024 Senior Notes will be conditioned upon the consummation of the Notes Offering.
PRAX

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07:40 EDT Praxis announces results from EMBOLD study in SCN2A 8A for epilepsies - Praxis Precision Medicines shared positive topline results for its Phase 2, proof of concept study evaluating relutrigine in SCN2A and SCN8A developmental and epileptic encephalopathy or DEE, patients."We are thrilled to see the combination of positive efficacy and tolerability of relutrigine for SCN2A and 8A, where there are no approved treatments. When comparing to the baseline rates, patients in EMBOLD had over 2,000 fewer seizures since the beginning of the study. This kind of remarkable impact keeps us focused on advancing our programs," said Marcio Souza, president and chief executive officer. "Seizure freedom is the ultimate goal for patients, and we were humbled by the progress made with relutrigine during the EMBOLD study with over 30% of patients achieving this life-altering milestone. Most importantly, we are grateful to the patients, families, caregivers and clinicians who participated in the trial." "On behalf of the international SCN2A and SCN8A communities, whose loved ones face severe, life-threatening health challenges due to devastating seizures and the absence of approved treatments, we are optimistic about the initial results from EMBOLD. The achievement of significant reduction in seizures compared to placebo could represent a meaningful improvement in the lives of these children and their families."
PROK

Hot Stocks

07:40 EDT ProKidney to discontinue PROACT 2, focus resources on PROACT 1 - ProKidney announced strategic updates to its Phase 3 program for rilparencel, an investigational treatment to potentially preserve kidney function in patients with type 2 diabetes and advanced CKD. ProKidney recently completed a comprehensive internal and external review, including engaging with ex-FDA officials and seasoned regulatory experts, to determine the optimal path to bring rilparencel to patients in the U.S. with type 2 diabetes and advanced CKD - a market where there is high unmet clinical and economic need. An important conclusion of this review is that under the provisions of the Regenerative Medicine Advanced Therapy designation, the Company believes rilparencel is eligible for initial FDA approval under an expedited approval pathway based upon successful completion of the ongoing Phase 3 REGEN-006 trial. ProKidney believes that the Phase 3 REGEN-016 trial is not required for initial U.S. registration. Thus, the Company will discontinue PROACT 2, which was focused on enrollment outside the U.S. With the discontinuation of PROACT 2, ProKidney now expects current cash to support operating plans into Q1 2027. The Company estimates the revised Phase 3 program will deliver topline results by Q3 2027 and reduce expenses by approximately $150 to $175 million. "We decided to prioritize PROACT 1 to accelerate potential U.S. registration and commercial launch. We are confident that this strategic shift in our Phase 3 program is the most expeditious and resource efficient approach to bring rilparencel to market in the U.S., our highest priority market," said Bruce Culleton, M.D., CEO "The recent positive REGEN-007 interim data update in June further supports the urgency to bring our innovation to patients with advanced CKD. We look forward to continuing our engagement with the FDA, under the RMAT designation, to bring rilparencel to market."
IFRX

Hot Stocks

07:38 EDT InflaRx presents new preclinical findings for INF904 - InflaRx announced the presentation of preclinical data for the company's novel oral C5aR inhibitor, INF904, at the 2024 European Meeting on Complement in Human Diseases being held in Lubeck, Germany, September 2 - 6, 2024. Members of InflaRx leadership also participated in a satellite symposium highlighting the role of the C5a/C5aR1 axis in driving inflammation and served as the biopharma industry representative on a panel focused on the relevance of targeting C3 and C5. InflaRx also hosted a lunch seminar focused on C5a/C5aR inhibition in human disease with best-in-class compounds. Preclinical pharmacological characterization of INF904, an oral small molecule antagonist to complement 5a receptor: Overall, this study demonstrated that INF904 is a highly selective and potent inhibitor of C5aR1 with promising pharmacokinetic properties, while also exhibiting strong efficacy potential in vivo. Both INF904 and avacopan were evaluated through a series of cell-based, ex vivo, and in vivo assays. In a hamster neutropenia model, INF904 inhibited C5a-induced neutropenia by 96.5% compared to 51.1% for the same dose of avacopan. INF904 also demonstrated a more favorable PK profile with 2- to 5-fold higher exposure than avacopan across all tested animal species. The data also indicated that INF904 is a much weaker inhibitor of CYP3A4/5, with an IC50 value of 62 microM, compared to 1.7 microM for avacopan. CYP3A4/5 enzymes play an important role in the metabolism of a variety of drugs, including glucocorticoids. INF904, a novel oral C5a receptor 1 antagonist, shows promising therapeutic effects in inflammatory disease models: Results from in vitro and in vivo inflammatory disease models indicated that INF904 acts by reducing neutrophil activation. In two in vitro whole blood disease models, INF904 effectively blocked CD11b upregulation on neutrophils in a dose-dependent manner. Further, in three hamster models used to assess INF904's therapeutic effects after oral dosing, significant anti-inflammatory effects were noted, including reduced influx of neutrophils, significant reductions in plasma levels of CREA and BUN, and histological improvements.
RVLGF PAAS

Hot Stocks

07:36 EDT Revival Gold restructures, extends Beartrack earn-in terms - Revival Gold (RVLGF) announced the restructuring and extension of the Meridian Beartrack earn-in and related stock purchase agreement under which the Company intends to acquire Meridian, a subsidiary of Pan American Silver Corp. (PAAS) and the owner of the Beartrack property and associated infrastructure. The Beartrack property encompasses approximately half the mineral claim interests that make up Revival Gold's 6,300-hectare Beartrack-Arnett gold project in Idaho, U.S.A. The restructuring and extension of the terms of the Agreement eliminates the obligation for Revival Gold to pay a subsidiary of Pan American the greater of US$6 per ounce of gold in mineral resource or $15 per ounce of gold in mineral reserve on the third anniversary of the closing of the Agreement.In addition, the Amendment provides for a three-year extension to the earn-in; thereby deferring the requirement for Revival Gold to provide site bonding until October 2027. Under the Agreement, Pan American maintains site bonding surety for Beartrack and Revival Gold reimburses Pan American for all site-related operating and maintenance costs. In consideration for the Amendment, Revival Gold has agreed that upon closing of the Agreement, Meridian will grant a subsidiary of Pan American a 0.3% net smelter return royalty on Beartrack, which is in addition to the 1.5% net smelter return royalty that is already to be granted at closing. Accordingly, upon closing of the Agreement, Meridian will grant Pan American's subsidiary a 1.8% net smelter return royalty on Beartrack, of which, 0.5% will be extinguished upon payments totaling $2 million.
YTRA

Hot Stocks

07:36 EDT Yatra entered agreement to caquire 100% of Globe All India Services for $15.15M - Yatra Online announced that it has entered into a definitive agreement, through its subsidiary, Yatra Online Limited, to acquire 100% of Globe All India Services Limited, a premier Corporate Travel Services provider for INR 1280 million, ~USD 15.25 million, in cash. Through this acquisition Yatra will gain Globe Travels' portfolio of approximately 360 corporate customers and annual gross bookings of approximately USD 90 million. This strategic acquisition is expected to further solidify Yatra's position as the leader in the corporate travel sector and marks a significant expansion of its corporate customer footprint in India. The transaction is expected to close within three months of the signing of the agreement, subject to certain closing actions and satisfaction of the conditions precedent as specified in the agreement.
ELAB

Hot Stocks

07:35 EDT Elevai Labs notes potential for hair restoration with exosome technology - Elevai Labs announced data results from an on-going research study conducted in partnership with Carly Klein, President of the National Hair Loss Medical Aesthetics NHLMA, demonstrating the potential of its proprietary Elevai Exosomes in hair restoration.The research study assessed the application of topical Elevai exosomes, in clinic and at home, on participants experiencing hair loss or hair thinning. Study participants were given in-office treatment consisting of scalp microneedling, then Elevai empower a topical exosome serum designed specifically for in-office application was applied, followed by at-home use of Elevai enfinity a topical exosome product, on the areas of concern. Results were assessed using imaging analysis up to 12 months, showing ceased crown inflammation, reversal of miniaturized hairs and recovered hair from the dormant phase, among other benefits. "We tested patients with androgenetic alopecia, delivering Elevai's unique age zero exosomes to the scalp focusing on areas of thinning", said Carly Klein, President of NHLMA. "These exosomes were utilized in the early and late stages of hair loss, and we saw promising results, giving us confidence that this technology can be used successfully in combination with other hair restoration approaches."
RDW

Hot Stocks

07:35 EDT Redwire completes acquisition of Hera Systems - Redwire announced that it has completed its previously announced acquisition of Hera Systems, a spacecraft development company with expertise in specialized missions for national security space customers. The acquisition of Hera Systems expands Redwire's spacecraft portfolio to support specialized national security space missions in geostationary orbit, GEO. "The acquisition of Hera Systems is an exciting and important milestone in Redwire's growth strategy as we move up the value chain within the national security space sector," said Peter Cannito, Chairman and CEO of Redwire. "Our expanded spacecraft portfolio enables us to offer our customers mission-critical capabilities in GEO, an increasingly important domain within today's national security space architectures. We look forward to bringing together our highly complementary solutions as we continue to deliver for our national security customers and advance our goal of becoming a leading provider for proliferated GEO constellations."
USPH

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07:34 EDT U.S. Physical Therapy announces the aquisition of an eight-clinic practice - U.S. Physical Therapy announced the acquisition of a physical therapy and hand therapy practice with eight clinic locations located in Pennsylvania which currently generates approximately $5.5 million in annual revenues. The Company acquired a 70% interest in the Company with the current owners retaining a 30% ownership interest.
DRVN

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07:33 EDT Driven Brands announces the sale of its Canadian distribution business - Driven Brands Holdings announced the sale of its Canadian distribution business, primarily operated under the PH Vitres d'Auto brand, to PGW Auto Glass, a leading North American glass distributor, effective August 31, 2024. Terms of the transaction are not being disclosed.
SNGX

Hot Stocks

07:32 EDT Soligenix granted European patent for improved production of synthetic hypericin - Soligenix announced that the European Patent Office has granted the patent entitled "Systems and Methods for Producing Synthetic Hypericin". The newly issued patent's claims are directed to a novel, highly purified form of synthetic hypericin manufactured through a unique proprietary process. Synthetic hypericin is the active pharmaceutical ingredient in HyBryte, the company's photodynamic therapy for the treatment of cutaneous T-cell lymphoma, set to initiate a confirmatory Phase 3 clinical trial before the end of the year. This new European granted patent is a related patent to one previously issued in the U.S. Both patents are expected to expire in 2036.
ATI

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07:31 EDT ATI announces $700M share repurchase program - ATI announced that its Board of Directors has authorized the repurchase of up to $700M of its outstanding common stock, which the company currently expects will support a multi-year share repurchase program.
IVVD

Hot Stocks

07:29 EDT Invivyd's Pemgarda shows neutralizing activity against SARS-CoV-2 variants - Invivyd announced that new pseudovirus in vitro neutralization data show continued neutralizing activity of PEMGARDATM or pemivibart, and pipeline candidate VYD2311 against dominant SARS-CoV-2 variants KP.3.1.1 and LB.1, and others tested. The Center for Disease Control, CDC, estimates that KP.3.1.1 accounted for 42.2% of circulating variants of SARS-CoV-2 for the last two weeks of August and is the only major variant increasing in proportionality nationally.Invivyd generated these new data as part of its ongoing industrial virology effort, which leverages a consistent, high-quality, independent, third-party pseudoviral system that routinely tests authentic Invivyd-produced pemivibart and is supported by extensive structure-based analytics. KP.3.1.1, LB.1, and other viruses now assessed and confirmed as susceptible to pemivibart contain key mutations prominent in circulating SARS-CoV-2 variants such as Q493E and the S31 deletion that, while outside of the pemivibart binding site, can influence viral antibody evasion. As of September 2024, the primary structure of the pemivibart epitope has remained intact across 99.59% of viral sequences deposited in Global Initiative on Sharing All Influenza Data or GISAID since the original Omicron BA.1 variant. This breadth of continuing pemivibart activity highlights Invivyd's industry-leading efforts to generate and advance high quality, variation-resistant COVID-19 antibody medicines. "At Invivyd, we combine surveillance, predictive modeling and antibody engineering towards developing antibody medicines designed to demonstrate continued activity in the face of ongoing SARS-CoV-2 evolution," said Robert Allen, Ph.D., Chief Scientific Officer. "Pemivibart has now demonstrated antiviral activity against thirty-three distinct SARS-CoV-2 variants across more than two years of rapid virus evolution from Omicron BA.2 through to the most common current virus KP.3.1.1 and related tested variants."
LTHCF

Hot Stocks

07:29 EDT Lithium Ionic appoints David D'Onofrio to board of directors - Lithium Ionic announced the appointment of David D'Onofrio to its Board of Directors, effective immediately. David currently serves as the CFO of PowerOne Capital Markets Limited, a diversified merchant bank specializing in early-stage capital and advisory services for emerging growth companies globally The Company also announces that Juliana Sprott has stepped down from her role as a Director.
MARIF

Hot Stocks

07:28 EDT Marimaca Copper announces results from channel sampling at Mercedes target - Marimaca Copper announced further results from channel sampling completed at the Mercedes target. The southern extent of Mercedes is located approximately 400m north of the Marimaca Oxide Deposit. Chip sampling in 2m intervals was completed along access road cut 1000, complementing the previously announced channel sampling results from road cut 1050. The new results confirm the continuity of surface copper oxide mineralization to the northwest within the Mercedes AOI, which now extends across an area 700m x 500m. Drill rigs are currently being mobilized to site with drilling expected to commence imminently, and first results becoming available in early October. Road cuts 1000 and 1050 will provide access to drill platforms to be utilized in the 2024 Mercedes exploration program. Mercedes is strategically located immediately adjacent to the MOD to the north. Should the 2024 drilling program be successful, the Company will consider additional drilling and study programs to evaluate the potential future integration of Mercedes into development plans at Marimaca. Highlights: Samples were taken in 2m intervals across road cut 1000, located northwest of previously announced road cut 1050; Highlights from the new channel sampling results: 298m @ 0.20% CuT including: 130m at 0.32% CuT; including 10m at 1.38% CuT within a broader zone of 80m at 0.41% CuT; Construction of initial drill platforms and access is now complete with drills currently being mobilized to site; 8 platforms will be constructed via road cuts 1000 and 1050 to test down-hole extensions drilled at an orientation near-perpendicular to the NE-oriented structural trends identified on surface; Phase I of the 2024 Mercedes drilling campaign will test approximately 2,000m across 7 drill holes, followed by a further 2,500 m across 9 drill holes; Results continue to compare favourably to the original discovery channel sampling at the MOD - which intersected 150m at 0.36% CuT.
FRGT

Hot Stocks

07:26 EDT Freight Technologies announces extinguishment of $1.1M of outstanding debt - Freight Technologies has reached an agreement with Freight Opportunities LLC to extinguish $906K of outstanding promissory notes and accumulated interest and the remaining balance of Convertible Notes held on Freight Technologies' June 30, 2024 balance sheet at $220K. Freight Opportunities remains an equity investor in the Company.
ORKA...

Hot Stocks

07:25 EDT Oruka announces closing of merger with ARCA Biopharma - Oruka Therapeutics (ORKA) announced the completion of its previously announced merger with ARCA biopharma (ABIO). The combined company will operate under the name Oruka Therapeutics, Inc., and its shares are expected to begin trading on the Nasdaq Global Market today, September 3, 2024, under the ticker symbol "ORKA". In addition, Oruka announced the appointment of Samarth Kulkarni, PhD, current Chairman and CEO of CRISPR Therapeutics (CRSP), as Chairman of Oruka's Board of Directors. Concurrent with the merger, Oruka completed a previously announced $275 million private placement with a syndicate of new and existing investors including Fairmount, Venrock Healthcare Capital Partners, RTW Investments, Access Biotechnology, Commodore Capital, Deep Track Capital, Perceptive Advisors, Blackstone Multi-Asset Investing, Avidity Partners, Great Point Partners LLC, Paradigm BioCapital, Braidwell LP and Redmile Group, along with multiple large investment management firms. Following the merger, private placement, and reverse stock split, there are approximately 46.3 million shares of the combined company's common stock and common stock equivalents outstanding, including shares of common stock underlying pre-funded warrants and Series B non-voting convertible preferred stock, and excluding employee and director equity. ORKA-001 is a novel, subcutaneously administered, half-life extended monoclonal antibody targeting IL-23p19. Inhibitors of IL-23p19 have become the preferred first-line therapy for patients with moderate-to-severe plaque psoriasis given their strong efficacy and safety profile. Currently approved therapies are dosed four to six times per year and deliver PASI 100, or fully clear skin, for less than half of patients after four months. ORKA-001 has the potential to be dosed just once or twice a year and is designed to achieve higher exposures than currently marketed IL-23p19 antibodies, which could lead to higher rates of disease clearance. ORKA-002 is a novel, SQ administered, half-life extended monoclonal antibody targeting IL-17A/F. Dual inhibition of IL-17A and F has resulted in high PASI 100 rates in psoriasis and is ideally suited to patients with concurrent psoriatic arthritis or recalcitrant skin disease. IL-17A/F inhibition has also shown promising efficacy in other diseases such as hidradenitis suppurativa and axial spondyloarthritis. ORKA-002 is designed to provide patients an option with substantially less frequent dosing, while offering similar levels of disease clearance compared to currently marketed agents.
ASPI

Hot Stocks

07:25 EDT ASP Isotopes completes construction phase of Ytterbium-176 enrichment facility - ASP Isotopes, an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, announced advances in its construction program and the hiring of key staff..."Currently, there exist significant supply-side challenges for many essential radioisotopes used in various oncology treatments. We have received a considerable amount of interest from customers in North America, Europe and Asia for Ytterbium-176 and we look forward to easing supply chains and improving the quality of life of thousands of patients every year", said Paul Mann, ASP Isotopes's Chairman and CEO...The Company is evaluating the potential opportunity to construct an advanced nuclear fuel plant in the United Kingdom, which would likely result in the inward investment of hundreds of millions of dollars from Quantum Leap Energy LLC and its partners and customers. The advanced nuclear fuel plant would likely create hundreds of permanent jobs in the United Kingdom. ASP Isotopes has previously announced that it has entered into two MOUs with U.S.-based Small Modular Reactor SMR companies that contemplate the SMR companies making capital investments into the development of high-assay low-enriched uranium HALEU enrichment facilities. Potential customers, with whom ASP Isotopes has been in discussions, have indicated their requirements of over $37B of HALEU by 2037
WLFC

Hot Stocks

07:23 EDT Willis Lease names Amy Ruddock SVP, sustainable aviation, corporate development - Willis Lease Finance announced the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC's sustainable aviation business while also overseeing corporate development. Amy most recently served as Vice President of EMEA at Carbon Engineering, a leader in direct air capture technology.
EBS

Hot Stocks

07:22 EDT Emergent BioSolutions closes credit facility agreement with Oak Hill - Emergent BioSolutions announced the closing of a new credit facility agreement with Oak Hill Advisors for a term loan of up to $250 million. Emergent used a portion of the proceeds of the New Term Loan to repay all amounts outstanding under the senior term loan facility under the Amended and Restated Credit Agreement, dated October 15, 2018, by and among Emergent, the lenders party thereto from time to time, and Wells Fargo Bank, National Association, as the Administrative Agent which was scheduled to mature in May 2025. The New Term Loan maturity extends up to five years, through August 2029. Excess proceeds from the refinancing will result in additional cash to the balance sheet. Emergent also terminated its obligations under the senior term loan facility and the revolving credit facility under the Prior Credit Agreement. In connection with the execution of the New Term Loan, Emergent issued the lenders warrants to purchase 2.5 million shares of common stock with a strike price at a premium to the volume weighted average price per share for the 30 trading days ending on, but excluding, the 10th business day following the closing date. In addition, subject to certain limitations Emergent agreed to issue the lenders shares of common stock with an aggregate value of $10 million at a price per share equal to the 30-Day VWAP.
GHRS

Hot Stocks

07:21 EDT GH Research appoints Velichka Valcheva to CEO - GH Research announced the promotion of Dr. Velichka "Villy" Valcheva, MD, MSc. to CEO of the Company. Dr. Valcheva succeeds PD Dr. med. Theis Terwey, co-founder of GH Research. Dr. Valcheva joined the company in August 2023 and has served as the Company's Chief Medical Officer since February 2024 having leadership responsibility, among other things, for the execution of the Company's clinical development programs.
SKYE

Hot Stocks

07:18 EDT Skye Bioscience names Puneet Arora, MD as Chief Medical Officer - Skye Bioscience announced the appointment of Puneet S. Arora, MD, MS, FACE, as Chief Medical Officer CMO. "We are thrilled to welcome Dr. Puneet Arora as the Chief Medical Officer at Skye at this pivotal moment in our journey, particularly with the initiation of the Phase 2 CBeyond(TM) obesity clinical trial for nimacimab, our differentiated CB1 inhibitor," said Punit Dhillon, Skye's CEO and Chair. "Dr. Arora is well-regarded in the industry, brings extensive experience in designing and executing clinical trials across multiple therapeutic areas, and has significant expertise in metabolic diseases such as obesity. Our purpose is to advance treatments that can significantly improve health outcomes and we look forward to leveraging his medical knowledge and deep understanding of regulatory and clinical development strategies in the metabolic field as we work toward that goal."
UNCY

Hot Stocks

07:18 EDT Unicycive Therapeutics submits NDA to FDA for oxylanthanum carbonate - Unicycive Therapeutics announced that the Company has submitted a New Drug Application to the U.S. Food and Drug Administration for Oxylanthanum Carbonate for the treatment of hyperphosphatemia in patients with chronic kidney disease on dialysis. Unicycive is seeking FDA approval of OLC via the 505(b)(2) regulatory pathway. The NDA submission package is based on data from three clinical studies, multiple preclinical studies, and the specifications and practices related to chemistry, manufacturing and controls.
PCVX

Hot Stocks

07:16 EDT Vaxcyte reports data from study of VAX-31 vaccine candidate in adults 50+ - Vaxcyte announced positive topline results from the Phase 1/2 study evaluating the safety, tolerability and immunogenicity of VAX-31, the Company's 31-valent pneumococcal conjugate vaccine PCV candidate designed to prevent invasive pneumococcal disease IPD in 1,015 healthy adults aged 50 and older. Based on the strength of the results from this study, the Company has selected VAX-31 to advance to an adult Phase 3 program."We believe the positive safety, tolerability and immunogenicity results from the VAX-31 Phase 1/2 study affirm the potential of our site-specific, carrier-sparing platform to deliver the broadest-spectrum PCVs that provide protection against both currently circulating and historically prevalent strains," said Grant Pickering, Chief Executive Officer and Co-Founder of Vaxcyte. "Based on the strength and clarity of these data, we have selected VAX-31 for the adult indication and plan to initiate the pivotal, non-inferiority Phase 3 study by mid-2025 and announce topline data in 2026. We intend to initiate the remaining VAX-31 Phase 3 studies in 2025 and 2026 and submit a Biologics License Application subject to the results of these studies." "We are exceptionally proud to share these results, which we believe validate VAX-31's potential as a best-in-class pneumococcal vaccine capable of raising the bar for immunogenicity standards," said Jim Wassil, Executive Vice President and Chief Operating Officer of Vaxcyte. "The public health community continues to highlight the need for broader-protection vaccines to prevent IPD, which is associated with high case-fatality rates, antibiotic resistance and meningitis. To address this need, VAX-31 was designed to increase coverage to more than 95% of IPD circulating in adults 50 and older in the United States, with the potential to provide significantly greater coverage relative to today's standard-of-care adult PCVs. We want to extend our sincere gratitude to everyone involved in this program, especially the study participants, trial investigators and sites, and the entire Vaxcyte team."
CRAWA

Hot Stocks

07:15 EDT Crawford United acquires Advanced Industrial Coatings, terms not disclosed - Crawford United Corporation announced the purchase of Advanced Industrial Coatings of Stockton, California, effective August 30, 2024. Advanced Industrial Coatings provides solutions for the aerospace, semiconductor, medical, energy and other industrial sectors. Where demanding requirements for fluoropolymers and other high-performance coatings are required, Advanced Industrial Coatings offers custom solutions including non-stick, heat resistance, chemical resistance, and anti-corrosion applications. The acquisition is expected to add approximately $5 million in annualized revenue to Crawford United and be immediately accretive to earnings.
FHTX BMY

Hot Stocks

07:14 EDT Foghorn Therapeutics appoints Anna Rivkin as CBO - Foghorn(R) Therapeutics Inc. (FHTX) announced that Anna Rivkin, Ph.D., will join the company as Chief Business Officer, on September 3, 2024. Dr. Rivkin brings over two decades of expertise in a broad spectrum of complex business transactions across multiple disease areas. Before joining Foghorn, Anna most recently held leadership roles at Bristol Myers Squibb (BMY) where she successfully oversaw strategic transactions across immunology, neuroscience, and cardiovascular disease as the Vice President of Business Development.
ASH

Hot Stocks

07:13 EDT Ashland completes sale of nutraceuticals business - Ashland has completed the sale of its nutraceuticals business to an affiliate of Turnspire Capital Partners effective August 30, 2024. The sale includes custom formulation and contract manufacturing capabilities for the nutrition market from the production facilities in New Jersey and Utah in the United States, and Tamaulipas, Mexico. Financial terms of the transaction were not disclosed.
DTIL

Hot Stocks

07:12 EDT Precision BioSciences receives $13M in proceeds from Imugene note - Precision BioSciences announced maturity of a $13M convertible note from its previously announced strategic transaction with Imugene for azercabtagene zapreleucel in oncology. The proceeds to Precision BioSciences include $9.75 million in cash and $3.25 million in Imugene ordinary shares. "We are pleased that Imugene continues to advance azer-cel toward a pivotal trial in LBCL for patients with significant unmet need," said Michael Amoroso, President and Chief Executive Officer of Precision BioSciences. "This marks one year since our strategic decision to focus our in-house programs exclusively on in vivo gene editing and further bolsters our balance sheet, enabling us to generate Phase 1 clinical data across multiple in vivo gene editing programs starting in the first half of 2025. In the near term, we are focused on progressing our pipeline towards the clinic and remain on track to file applications with multiple global regulatory bodies for PBGENE-HBV for chronic hepatitis B later this year."
BITF

Hot Stocks

07:12 EDT Bitfarms earns 233 bitcoin in August - Ben Gagnon, Chief Executive Officer of Bitfarms, emphasized the strategic significance of recent developments: "The acquisition of Stronghold Digital Mining marks an important advancement for Bitfarms, solidifying our position as a dominant player in both the Bitcoin mining and HPC/AI sectors. This acquisition will enable us to enhance and rebalance our energy portfolio, targeting an expansion to 950 MW by the end of 2025, with nearly 50% of our capacity based in the U.S. Additionally, we are positioning ourselves for multi-year growth with total expansion capacity of up to 1.6 GW, approximately 66% of which is located in the U.S., a substantial increase from the current 6%." Gagnon further elaborated on the Company's strategy: "By vertically integrating with power generation, advancing our energy trading capabilities, and securing two sites with substantial multi-year expansion potential, Bitfarms is executing a strategy that positions us to diversify our operations beyond Bitcoin mining and maximize long-term shareholder value." In addition to the strategic acquisition, Bitfarms has assumed control of its first mega-site located in Sharon, PA, which offers access to up to 120 MW. Gagnon noted, "With this transaction, we have finalized the acquisition of 110 MW, with 30 MW expected to come online by the end of 2024. We have also signed a Letter of Intent for an additional 10 MW site, which will increase our total site capacity to 120 MW by 2025." These developments underscore Bitfarms' commitment to expanding its operational footprint and optimizing its energy strategy, further reinforcing its position as a leader in the industry. Bitcoin difficulty decreased 1.3% in the month. August mining operations generated 233 BTC compared to 253 BTC in July as a result of the increase in average network difficulty during the month, partially offset by higher corporate hashrate due to the receipt of 2,744 T21 miners from Bitmain to replace the underperforming miners which are currently being installed.
OTCM NDAQ

Hot Stocks

07:11 EDT OTC Markets announces incorporation of EDGAR Online's data into Nasdaq Data Link - OTC Markets Group (OTCM) announced that EDGAR Online's SEC and OTC financials data set is now available on Nasdaq Data Link, Nasdaq's (NDAQ) cloud-based data distribution platform. The integration of EDGAR Online's financial data into Nasdaq Data Link provides subscribers with access to the most comprehensive financials data for all SEC and OTC reporting issuers.
PSNY STLA

Hot Stocks

07:11 EDT Polestar appoints Mady as Chief Financial Officer - Polestar (PSNY) continues to prepare itself for the next step in its development by appointing Jean-Francois Mady to the role of Chief Financial Officer, CFO, effective 21 October 2024. Most recently Mady was Senior Vice President of Global Accounting Operations and Finance Transformation at Stellantis (STLA). Jean-Francois will assume responsibilities from Per Ansgar, who joined Polestar in January 2024 as CFO on a transitional basis. Per will remain with Polestar to provide support and to ensure a smooth transition, before returning to his role as CFO of Geely Sweden Holding AB.
RYAN

Hot Stocks

07:09 EDT Ryan Specialty signs agreement to acquire certain assets of Geo Underwriting - Ryan Specialty announces that is has signed a definitive agreement to acquire certain assets of the European managing general agent, Geo Underwriting Europe BV, part of The Ardonagh Group. Geo Europe is based in Rotterdam, Netherlands, with operations in Germany and specializes in Financial Lines. Geo Europe will join the Ryan Financial Lines unit within the Ryan Specialty Underwriting Managers division of Ryan Specialty, complementing RFL's European expansion objectives. The acquisition is expected to close during the third quarter of this year.
RNAC

Hot Stocks

07:09 EDT Cartesian announces first patient dosed in Phase 1 trial of Descartes-15 - Cartesian Therapeutics announced that the first patient has been dosed in its first-in-human Phase 1 trial of Descartes-15, the Company's next-generation autologous anti-B cell maturation antigen mRNA-engineered chimeric antigen receptor T-cell therapy. Descartes-15 is designed to have predictable and controllable pharmacokinetics, including technological advances that enhance CAR stability even in the presence of target-driven suppression of CAR. Similar to Descartes-08, the Company's lead product candidate, Descartes-15 is designed to be administered without preconditioning chemotherapy and does not use integrating vectors. Relative to Descartes-08, Descartes-15 has been observed to achieve an approximately ten-fold increase in CAR expression and selective target-specific killing in preclinical studies. The Phase 1 dose escalation trial will assess the safety and tolerability of outpatient Descartes-15 administration in patients with multiple myeloma. Following the Phase 1 dose escalation trial, the Company expects to subsequently assess Descartes-15 in autoimmune indications.
MRT

Hot Stocks

07:08 EDT Marti Technologies' ride-hailing service reached over 1.3M riders - Marti Technologies announced that as of August 31, 2024, Marti's ride-hailing service has reached over 1,300,000 riders and over 205,000 registered drivers, exceeding the September 30, 2024 targets of over 1,300,000 riders and 190,000 registered drivers. Marti's number of ride-hailing riders grew 18% from June 30, 2024 to August 31, 2024. The number of registered drivers grew 21% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace demonstrates the strong need for the service across Turkiye. The service intends to provide readily available, safe, and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum.
EYEN NBY

Hot Stocks

07:08 EDT Eyenovia announces appointment of Andrew Jones as CFO - Eyenovia (EYEN) announced the appointment of experienced finance and accounting executive Andrew Jones as Chief Financial Officer. Mr. Jones brings to the Eyenovia team more than 30 years of diverse finance and accounting leadership experience spanning therapeutics and medical technology/devices, most recently serving as Chief Financial Officer of NovaBay Pharmaceuticals (NBY), a publicly traded, commercial stage ophthalmic company. Eyenovia's current CFO, John Gandolfo, is retiring and will remain with the Company through November to help ensure a smooth transition
GCT

Hot Stocks

07:08 EDT GigaCloud board approveds $46M share repurchase program - GigaCloud Technology announced that its board of directors has approved a share repurchase program to repurchase up to $46 million of its Class A ordinary shares over the next 12 months.
NRDY

Hot Stocks

07:07 EDT Varsity Tutors for Schools enters partnership with NET Charter HS - The NET Charter High School - Gentilly Campus announced a partnership with Varsity Tutors for Schools, a Nerdy company, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to the School, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of academic resources for school years to come.
LVS...

Hot Stocks

07:07 EDT Macau reports August casino revenue up 14.8% to 19.75B patacas - Macau's gaming bureau reported August gross revenue from games of fortune in the region was up 14.8% year-over-year to 19.754B patacas. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO). Reference Link
PYR

Hot Stocks

07:07 EDT PyroGenesis announces $1M contract to develop graphite production system - PyroGenesis Canada announced the signing of a contract with an entity engaged in the production of graphite. The first phase $1 million contract is for the design and delivery of a customized pilot-scale plasma reactor and associated testing system. Upon the successful completion of this phase, the next step would be the development of a full-scale graphite production plant for which PyroGenesis has exclusive rights. The name of the client will remain anonymous for confidentiality reasons. Under the terms of this contract, PyroGenesis will design and build a system tailored for pilot-scale production of graphite using plasma. Additionally, PyroGenesis has negotiated a 10% royalty on future gross revenues generated from an initial commercial graphite production plant built by the client, and a 5% royalty on any subsequent plants. PyroGenesis is the exclusive plasma supplier and engineering service provider for the construction of any such plants.
CBSTF

Hot Stocks

07:06 EDT Mint Shango JV to acquire membership interests in Cannabist's Florida entity - MINT Cannabis and Shango announced that they have, through a joint venture, Mint Shango JV, entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.'s Florida subsidiary. This acquisition of a dominant operational Florida vertical is anticipated to provide immediate scale for the MINT SHANGO JV in this state through 14 dispensary locations, two cultivation and manufacturing facilities, all inventory, and its MMTC license for total consideration of $5M. As part of the MINT/SHANGO Transaction, the MINT/SHANGO JV will retain its existing indoor cultivation facility, and The Cannabist Company has separately divested its Lakeland facility. Additionally, the MINT SHANGO JV has also entered into an agreement to transfer to The Cannabist Company all of the outstanding equity interests in its existing MMTC license holder which they plan to divest upon close.
RDHL

Hot Stocks

07:05 EDT RedHill Biopharma's opaganib shows COVID-19 mortality reduction - RedHill Biopharma announced the publication of data in the journal Microorganisms from the phase 2/3 study of opaganib in COVID-19 pneumonia. The post hoc analysis of data from 251 study participants showed that hospitalized COVID-19 patients requiring a fraction of inspired oxygen up to and including 60% had better outcomes after 14 days' opaganib treatment compared to placebo. There was a clinically meaningful 62% reduction in mortality by day 42. Additionally, the proportion of patients with FiO2less than or equal to60% at baseline that no longer required supplemental oxygen by day 14 of opaganib treatment increased by 21%. The safety profile for opaganib was similar to placebo. Opaganib, a proprietary investigational host-directed and potentially broad-acting drug, is targeting multiple potential indications, including several cancers, diabetes and obesity-related disorders, COVID-19, Ebola and other viruses as part of pandemic preparedness.
AXGN

Hot Stocks

07:05 EDT AxoGen reports inducement grant under Nasdaq listing rule - Axogen has granted an equity inducement award on September 3, 2024, to a new non-executive employee under the terms of the Axogen Inc.'s Inducement Equity Incentive Plan. The award was approved by the Compensation Committee of Axogen's Board of Directors in accordance with NASDAQ Listing Rule 5635(c)(4) and was made as a material inducement to the employee's acceptance of employment with Axogen. The award consists of restricted stock units representing 10,000 shares of the Company's common stock. The RSUs are subject to vesting over 4 years, with 50% vesting after the second year and 25% of the total shares granted vesting every year thereafter for the next two years.
CIGI

Hot Stocks

07:05 EDT Colliers buys Western Australian engineering firm Pritchard Francis, no terms - Global diversified professional services and investment management company, Colliers announced that Colliers Engineering & Design Australia has entered into a definitive agreement to acquire Pritchard Francis Consulting Limited , one of Western Australia's leading multi-discipline engineering consulting firms.Pritchard Francis' senior leadership team will continue to lead the business in Western Australia and become significant shareholders in the Colliers Engineering platform under the unique Colliers partnership model. The business will rebrand as "Colliers Engineering & Design" and fully integrate into Colliers' rapidly growing engineering operations. The transaction is subject to customary closing conditions and is expected to close by the end of this year. Terms of the transaction were not disclosed. "Following our successful expansion into New South Wales last year, this investment accomplishes another strategic objective in our goal to become one of Australia's premier engineering consulting firms," said John Kenny, CEO ? Colliers Asia Pacific. "We are proud of the differentiated business we have built by leveraging the Colliers brand, infrastructure and enterprising culture that allow us to attract the best talent to our organization." "
CCCC AZN

Hot Stocks

07:05 EDT C4 Therapeutics appoints Stephen Fawell to board of directors - C4 Therapeutics (CCCC) announced the continued evolution of its Board of Directors with the appointment of Stephen Fawell, Ph.D. as a director. With this appointment, Malcolm Salter has decided to retire from the Board of Directors after nearly a decade of service. Fawell has nearly 35 years of drug discovery experience spanning oncology, virology and other disease areas to successfully advance multiple investigational new drugs into clinical trials and ultimately achieve regulatory approval. Most recently, he spent more than a decade at AstraZeneca (AZN) as vice president, head of oncology small molecule drug discovery.
DK

Hot Stocks

07:04 EDT Delek US approve a $400M increase in its share repurchase authorization - Delek US Holdings announced that its Board of Directors approved a $400 million increase in its share repurchase authorization, bringing the total amount available for repurchases under current authorizations to approximately $562 million. Avigal Soreq, President and Chief Executive Officer of Delek US, stated, "Generating value for our shareholders is a key priority and the enhanced share repurchase authorization reflects our desire to deliver increased cash returns to our shareholders. We see a lot of value in our equity and, subject to market conditions, we will continue to use share buybacks to return incremental value to our shareholders."
WTI

Hot Stocks

07:03 EDT W&T Offshore names George Hittner as General Counsel - W&T Offshore announced the appointment of George Hittner as Executive Vice President, General Counsel and Corporate Secretary, effective September 1. Hittner brings a unique and extensive combination of legal, corporate and legislative experience in both the public and private sectors.
NVCR

Hot Stocks

07:03 EDT Novocure announces planned CEO transition, COO to step down - Novocure announced that Chief Executive Officer, CEO, Asaf Danziger, will retire at year-end 2024 and Novocure's Chief Financial Officer, CFO, Ashley Cordova, will succeed him as the company's next CEO. Danziger, who has served as CEO since 2002, will serve as Senior Advisor into early 2026, and will continue to serve on Novocure's Board of Directors. These changes will become effective on January 1, 2025. The company also announced today that Wilco Groenhuysen will step down as Chief Operating Officer, COO, effective October 1, 2024. Mukund Paravasthu, who joined Novocure in 2020 and currently holds the position of Senior Vice President, Product Development, will expand his current responsibilities and transition into the role of COO.
CHR

Hot Stocks

07:03 EDT Cheer Holding releases AI-based Liaozhai Tales classical literature series - Cheer Holding announced the release of the AI-based series themed on Liaozhai Tales, a collection of classical short stories written by Pu Songling in the early Qing dynasty of China. Episodes including "Adventure of Abao", "Legend of Nie Xiaoqian", "The Taoist Priest of Laoshan" and "The Mystery of Raksasas" are now available on platforms such as Tik Tok, Tencent Video, Little Red Book, Kuaishou, and Weibo, with one new episode released every Sunday and Friday.
CSIQ

Hot Stocks

07:02 EDT Canadian Solar announces U.S. recycling partnership with SOLARCYCLE - Canadian Solar announced that it has entered into a partnership agreement with SOLARCYCLE. This agreement positions Canadian Solar as one of the first crystalline silicon solar module manufacturers to offer comprehensive recycling services to its U.S. customers. Under the terms of the agreement, SOLARCYCLE will serve as Canadian Solar's preferred recycling partner, while Canadian Solar will act as an original equipment manufacturer partner to SOLARCYCLE, offering upfront recycling services. Canadian Solar customers can now secure recycling services at the time of purchase, integrating sustainability into the lifecycle of their projects from the outset. This partnership highlights the thought leadership and commitment of both companies to advancing solar recycling adoption across the United States. Recycling valuable materials such as silver, copper, glass, and aluminum will help divert resources from landfills and reintroduce them into the solar supply chain, supporting domestic manufacturing.
STNG

Hot Stocks

07:01 EDT Scorpio Tankers sells two vessels, signs new time charter-out agreement - Scorpio Tankers has entered into agreements to sell two vessels and a new time charter-out agreement. The company has recently entered into agreements to sell two 2014 built scrubber fitted MR product tankers, STI San Antonio and STI Texas City, for $42.5M per vessel. These sales are expected to close within Q4. The company has entered into a three-year time charter-out agreement for the 2018 built MR product tanker, STI Jardins, for $29,550 per day. The charterer is an oil major and the time charter is expected to commence within Q3 and Q4.
AUUD...

Hot Stocks

06:59 EDT Auddia announces integration of faidr into Apple CarPlay and Android Auto - Auddia (AUUD) announced it recently launched both Apple (AAPL) CarPlay and Android Auto interfaces for its faidr mobile application. These interfaces allow consumers to mirror their smartphone entertainment options on the screen of their vehicle's infotainment system. In addition to providing access to Apple CarPlay and Android Auto, Auddia plans to pursue direct integrations into vehicle infotainment systems to access consumers in vehicles not planning to support smartphone mirroring technologies. As part of its growth strategy, in addition to expanding reach within the automotive environment, where the majority of AM/FM content is consumed, the Company plans to expand listening options to smart speakers, desktop, home entertainment systems, and other platforms where consumers demonstrate their desire to listen to audio.
SHLS

Hot Stocks

06:59 EDT Shoals Technologies granted favorable initial ruling in ITC case against Voltage - Shoals Technologies received a favorable legal ruling from the U.S. International Trade Commission - ITC - in its patent infringement complaint against Voltage and related foreign entity. On August 30, an Administrative Law Judge at the ITC issued an initial ruling finding that Voltage violated Section 337 of the Tariff Act of 1930 by importing infringing LYNX trunk bus products into the U.S. In addition, Shoals has also recently been issued two new patents covering Shoals' BLA technology, in addition to the '153 patent that Voltage was found to violate in the ITC case. If upheld by the Commission, the patent infringement ruling will prevent the unlawful imports of photovoltaic connectors that infringe on intellectual property owned by Shoals for improved solar panel array connectors. The target date for completion of the ITC investigation is scheduled for late December, and final resolution following a potential Presidential review in February 2025. Following final disposition of the ITC case, Shoals plans to resume the currently stayed District Court case in the Middle District of North Carolina against Voltage, on the same subject matter, to pursue monetary damages.
AUMN

Hot Stocks

06:56 EDT Golden Minerals to sell El Quevar silver project, provides corporate update - Golden Minerals has signed a letter agreement to sell Silex Argentina, its wholly-owned subsidiary that owns the El Quevar Project, and also provided updates on additional corporate activities. The company signed a Letter Agreement with Butte Energy whereby Butte agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the El Quevar project located in Salta Province, Argentina. The agreement is intended to be binding on the parties, pending negotiation of a definitive Acquisition Agreement on or prior to September 30, and closing of the sales transaction on or prior to October 31. The purchase price for the acquisition of 100% of Silex is $3.5B, payable in cash, as follows: $500K as a non-refundable deposit, payable to Golden by the close of business on September 3; $500K payable to Golden upon execution of the Acquisition Agreement; and $2.5B payable to Golden upon closing of the Transaction. Moving forward, the Company intends to concentrate its exploration efforts on its other projects, including Sarita Este/Desierto and Sand Canyon, subject to the availability of future funding. On August 28, the company sold its wholly-owned Mexican subsidiary, Minera Labri, to a private Mexican company for approximately $445.5K. Minera Labri held no assets but held net operating losses and inflation-adjusted capital contributions. All funds related to the sale of the CUCAs have now been received and are expected to be deployed to reduce existing liabilities of the company and its subsidiaries. In 3Q22, the Mining Court of the Province of Salta, Argentina, declared the cancellation of the company's Desierto I mining concession. The company disputed the cancellation, and on August 28, the Court of Appeals of Salta ordered the restitution to the company of the Desierto I mining concession. The company's only near-term opportunity to generate cash flow to meet its expected cash requirements is from the sale of assets, equity or other external financing. As of August 30, the company has cash and cash equivalents of approximately $0.9M. The company is evaluating and pursuing alternatives to obtain sufficient funds to continue as a going concern, including the potential sale of the company, finalizing the sale of its assets at the Velardena Properties, closing of the Transaction to sell Silex, seeking buyers or partners for the company's other assets or obtaining equity or other external financing. If the company is unable to obtain additional resources, it may be forced to cease operations and liquidate.
PSFE

Hot Stocks

06:56 EDT Paysafe CFO Alex Gersh to step down, John Crawford to succeed - Paysafe announced that Alex Gersh is moving into an advisory role to the CEO, effective September 4th, and will step down as CFO. Alex will remain with Paysafe in his new role for an undefined period, but at least through the end of the year. John Crawford joins Paysafe as Alex's successor, effective immediately, and will be based in the company's North American headquarters located in Jacksonville, Florida.
AMRC

Hot Stocks

06:55 EDT Ameresco reaches agreement with Southern California Edison Company - Ameresco announced that it has reached an agreement with Southern California Edison Company on the substantial completion of two out of three battery energy storage system projects. SCE will pay approximately $110M within seven days for the milestone completion, reflecting a set-off of liquidated damages which are still in dispute and additional work costs. Final acceptance payments will follow upon project completion. The third project is expected to reach substantial completion in Q4 2024
PLX

Hot Stocks

06:53 EDT Protalix announces repayment of outstanding senior secured convertible notes - Protalix BioTherapeutics has repaid in full all of the outstanding principal and interest payable under its 7.50% Senior Secured Convertible Promissory Notes. The repayment of the convertible notes at maturity was financed entirely with available cash.
PR

Hot Stocks

06:53 EDT Permian Resources raises base dividend 150%, announces $1B share repurchase - Permian Resources announced an update to its return of capital strategy, which increases its quarterly base dividend from 6c per share to 15c per share. This represents a 150% increase to the company's prior base dividend and provides a leading base dividend yield amongst U.S. independent E&Ps. As part of its updated shareholder return policy, the Board of Directors has also authorized a new share repurchase program of $1B, replacing the existing $500M program. The Company's approach to share buybacks will remain consistent with its historical strategy of focusing on opportunistic share repurchases. The company's updated shareholder return policy replaces its previous formulaic variable return policy. Permian Resources expects its first quarterly base dividend of 15c per share under its new capital return policy to commence with its third quarter 2024 dividend.
RIOT BITF

Hot Stocks

06:51 EDT Riot Platforms issues letter to Bitfarms shareholders, urges change to board - Riot Platforms (RIOT) issued an open letter to Bitfarms (BITF) shareholders. The letter, in part, is below: "Dear Fellow Bitfarms Shareholders, Riot currently owns approximately 19.9% of Bitfarms, making us Bitfarms' largest shareholder. As we approach the October 29 special meeting of Bitfarms' shareholders, we want to share our perspectives on the recent actions taken by Bitfarms, including changes to its Board of Directors and the proposed acquisition of Stronghold Digital Mining. We also want to provide an update on our campaign to bring urgently needed change to the Bitfarms Board." Reference Link
MRK

Hot Stocks

06:49 EDT Merck's Keytruda plus Padcev approved in Europe for urothelial carcinoma - Merck announced that the European Commission - EC - has approved Keytruda, Merck's anti-PD-1 therapy, in combination with Padcev - enfortumab vedotin-ejfv -, an antibody-drug conjugate, for the first-line treatment of unresectable or metastatic urothelial carcinoma in adults. The decision follows the adoption of the European Society for Medical Oncology and European Association of Urology clinical guidelines recommending the combination as the preferred first-line treatment for these patients, regardless of platinum eligibility. This approval allows marketing of Keytruda in combination with enfortumab vedotin for this indication in all 27 European Union member states, as well as Iceland, Liechtenstein, Norway and Northern Ireland. Keytruda is now approved for three indications in bladder cancer, and for 28 indications overall in the EU. In December 2023, Keytruda in combination with enfortumab vedotin was approved in the U.S. for the treatment of adult patients with locally advanced or metastatic urothelial cancer.
CTM

Hot Stocks

06:47 EDT Castellum names Drew Merriman as COO - Castellum announces Andrew Merriman's promotion to COO, effective September 1. Merriman fills Castellum's vacancy created by Glen Ives' promotion to CEO on July 1. Merriman co-founded Merrison Technologies, LLC in 2013, where he served as CEO.
DYN

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06:40 EDT Dyne Therapeutics' DYNE-251 in DMD shows efficacy in Phase 1/2 trial - Dyne Therapeutics announced new clinical data from its ongoing Phase 1/2 DELIVER trial of DYNE-251 in patients with Duchenne muscular dystrophy - DMD - who are amenable to exon 51 skipping demonstrating unprecedented dystrophin expression and functional improvement in multiple cohorts. DYNE-251 demonstrated dose dependent exon skipping and dystrophin expression and improvement in multiple functional endpoints in both cohorts. Key findings include: DYNE-251 demonstrated unprecedented dystrophin expression as measured by Western blot. Patients treated with 20 mg/kg of DYNE-251 Q4W had a mean absolute dystrophin expression of 3.71% of normal, more than 10-fold higher than the 0.3% reported in a clinical trial of the weekly standard of care, eteplirsen. When adjusting for muscle content, the DYNE-251 treated group reached 8.72% mean absolute dystrophin, which is greater than levels reported by peptide conjugate PMOs in clinical development. Meaningful improvements in multiple functional endpoints were observed in both the 20 mg/kg and 10 mg/kg DYNE-251 Q4W groups. The 10 mg/kg cohort showed continued improvement in all reported measures from 6 months to 12 months. DYNE-251 demonstrated a favorable safety profile and the majority of treatment emergent adverse events were mild or moderate. Based on these data and regulatory interactions, Dyne is initiating registrational cohorts in the DELIVER trial and plans to provide an update on the path to registration by the end of 2024. The company continues to engage with global regulators, including the FDA, and plans to provide an update on the path to registration for DYNE-101, including additional clinical data, by the end of 2024.
NEE NEP

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06:36 EDT NextEra Energy, NextEra Energy Partners to meet with investors in September - NextEra Energy (NEE) and NextEra Energy Partners (NEP) announced that members of the senior management team will participate in various investor meetings throughout September. They plan to discuss, among other things, long- term growth-rate expectations for NextEra Energy and NextEra Energy Partners, reaffirming those presented on the July 24, 2024, second-quarter financial results call.
DYN

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06:35 EDT Dyne Therapeutics announces leadership announcements - Dyne Therapeutics announced leadership appointments. Doug Kerr has been appointed Chief Medical Officer succeeding Wildon Farwell, who is stepping down from his role and will remain at Dyne full-time through the end of 2024 to assist in the continued execution of the company's clinical plans. In addition, Johanna Friedl-Naderer is joining Dyne as Chief Commercial Officer and Lucia Celona has been appointed Chief Human Resources Officer. Doug Kerr brings more than 25 years of expertise in early-and late-stage clinical development. For the last year, Kerr was a venture partner at Atlas Venture. From 2017 to 2023, he was member of Generation Bio, joining initially as the head of research and development and most recently serving as its CMO. Johanna Friedl-Naderer, CCO, brings more than two decades of biopharmaceutical industry experience in global commercialization including product launches in rare disease. Most recently Friedl-Naderer served as COO of Vir Biotechnology in the field of infectious disease. As president Europe, Canada & Partner Markets for Biogen, she led her team to launch multiple specialty and rare disease products. Lucia Celona, CHRO, brings more than 30 years of experience in organizational design and effectiveness. At Biogen, she served as the vice president of HR for pharmaceutical operations & technology, where she was the lead HR business partner responsible for the strategic partnership with senior leaders and driving HR strategies that enabled commercial success. Following her tenure at Biogen, she became the chief HR and communications officer at Bioverativ. Additionally, she oversaw the HR and corporate communications functions at Apellis. In addition, Susanna High, COO, and Jonathan McNeill, Chief Business Officer, have decided to step down from their roles to pursue other opportunities.
CPF

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06:35 EDT Central Pacific Bank names Ralph Mesick as Chief Risk Officer - Ralph Mesick has joined Central Pacific Bank as its Senior Executive Vice President and Chief Risk Officer, according to an announcement by Arnold Martines, CPB chairman, president, and CEO.
CALT AHKSY

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06:34 EDT Calliditas Therapeutics to apply for delisting of common shares, ADSs - Following the announcement by Asahi Kasei Corporation (AHKSY) on September 2, 2024 that it controls more than 90 percent of the outstanding shares of Calliditas Therapeutics (CALT), and declared its offers to purchase all of the outstanding Common Shares and ADSs of Calliditas unconditional and intends to initiate compulsory redemption of the remaining shares of the Company, the Board of Directors of Calliditas has resolved, in accordance with a request from Asahi Kasei, to take certain corporate actions. In light of the above, and in accordance with a request from Asahi Kasei, the Board of Directors of Calliditas has resolved to apply for delisting of the Company's common shares from Nasdaq Stockholm, as well as its American Depositary Shares representing its Common Shares from the Nasdaq Global Select Market. The last day of trading in the Common Shares on Nasdaq Stockholm will be announced as soon as Calliditas has received confirmation thereof from Nasdaq Stockholm. The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission on or about September 13, 2024. The delisting of the ADSs is expected to become effective on or about September 23, 2024. Following the effectiveness of the delisting of the Company's ADSs from Nasdaq, the Company intends to deregister the ADSs and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended. The Company has also notified the ADS depositary that it intends to terminate the depositary agreement and the ADS program. The Board of Directors of Calliditas, at the request of Asahi Kasei, has convened an Extraordinary General Meeting to be held on September 30, 2024 for, among other things, the election of a new Board of Directors.
GMINF

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06:32 EDT G Mining Ventures declares commercial production at Tocantinzinho - G Mining Ventures has reached commercial production on time and on budget at its 100%-owned Tocantinzinho Gold Mine located in the State of Para, Brazil. Commercial production is defined as a period of 30 consecutive days of operations during which the mill operated at a minimum of 60% of nameplate throughput of 12,890 tonnes per day. During August 2024, the mill operated at 76% of nameplate throughput, processing a total of 304,312 ore tonnes at a recovery rate of 88%. The plant's ramp-up continues to progress in line with internal production schedules, with all major equipment demonstrating the capability to operate at or above design levels. After the initial pour announced in July 2024, GMIN has focused on ramping production to test the processing circuits' ability to handle nameplate loads while improving recovery toward a life of mine average of 90%. The Corporation plans to ramp up production through H2-24, targeting nameplate throughput by Q1 2025. TZ is engineered to have a 10.5-year mine life with an average annual gold production of 174,700 ounces and 196,200 ounces for the first five full years, capitalizing on the record-high gold price environment. The Corporation plans to provide annual guidance for TZ in January 2025.
EMBC

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06:31 EDT Embecta's disposable pump for insulin delivery cleared by FDA - Embecta has received 510(k) clearance from the FDA for its proprietary disposable insulin delivery system. Indicated for adults who require insulin to manage diabetes, including both type 1 and type 2, the system includes a tubeless patch pump design with a 300-unit insulin reservoir that was informed by feedback from people with T2D and their healthcare providers. Embecta's patch pump development program also includes plans for a closed-loop version including an insulin-dosing algorithm in a future FDA submission.
KALV

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06:31 EDT KalVista announces FDA approval of NDA for sebetralstat - KalVista Pharmaceuticals announced that the U.S. FDA has accepted its New Drug Application for sebetralstat, a novel, investigational oral plasma kallikrein inhibitor for the on-demand treatment of hereditary angioedema attacks in adult and pediatric patients aged 12 years and older. The FDA has set a Prescription Drug User Fee Act goal date of June 17, 2025. If approved, sebetralstat would be the first oral, on-demand treatment for HAE in adult and pediatric patients aged 12 years and older. The FDA is not currently planning to hold an advisory committee meeting to discuss the application.
RDY

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06:28 EDT Dr. Reddy's Atomoxetine Hydrochloride Capsules suspended in China - Dr. Reddy's said it learned about orders dated August 30 from China's National Medical Products Administration and National Drug Joint Procurement Office. he NMPA has suspended the import, sale, and use of the company's Atomoxetine Hydrochloride Capsules effective August 30. Further, NDJPO, having considered the said order of the NMPA, has decided to cancel Dr. Reddy's Laboratories' Atomoxetine Hydrochloride Capsules "won" status and list the company on the "Violation List", suspending the company's eligibility to participate in national centralized drug procurement activities from August 30, 2024 to February 28, 2026. Dr. Reddy's is in the process of ascertaining the monetary impact of the said orders.
GRFS

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06:21 EDT Grifols postpones Capital Markets Day until further notice - Grifols announced the postponement until further notice of its previously scheduled Capital Markets Day for October 10, 2024. "The Grifols Board of Directors made the decision in light of the potential delisting offer for Grifols' shares being evaluated by Brookfield Capital Partners and certain major shareholders of Grifols linked to the company's founding family. Currently, the Potential Offerors are in process of performing due diligence. At this time, there is no offer, agreement, or decision regarding the potential transaction or its related terms and conditions, nor is there any guarantee or commitment that an offer for Grifols' shares will be made. The Grifols Board and management team are committed to acting in the best interest of all shareholders and remain focused on continuing to execute and deliver Grifols' strategy. Any further update will be communicated to the market in due course and in accordance with applicable laws and regulations," the company stated.
JKS

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06:17 EDT JinkoSolar completes delivery of PV modules donated to aid Maui fire victimes - JinkoSolar announced the completion of its delivery program which provided over 1,000 PV modules to Ohana Hope Village, a rapid response housing initiative in Kahului, Maui aimed to provide sustainable housing solutions for families displaced by the August 2023 Maui fire. The donation program began promptly in September 2023, soon after the fire, to ensure timely assistance to those in need. Designed by Hawaii Off Grid Architecture & Engineering in collaboration with Family Life Center, the village comprises 16 pods consisting of 88 modular units and accommodates multi-generational families. Each pod will function as a distributed microgrid with solar, energy storage, and a central biodiesel backup generator. This will allow for an off-grid, carbon-neutral, and net-zero energy community.
IRDM

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06:09 EDT Iridium unveils Iridium Certus GMDSS - Iridium Communications unveiled Iridium Certus GMDSS, a generational advancement in maritime safety, compliance, and communication. Building on the powerful capabilities of Iridium Certus technology, Iridium Certus GMDSS features distress alert, safety voice and Maritime Safety Information, while integrating additional regulated services like Long Range Identification and Tracking and Ship Security Alert System. The combination of capabilities offered by Iridium Certus GMDSS terminals sets a new standard for the cost, efficiency, and performance of maritime safety and security solutions, making it the critical connectivity service needed for any ship's hybrid network system.
PKIUF

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06:08 EDT Parkland announces sale process for Florida retail, commercial businesses - Parkland is initiating a process to divest its Florida-based retail and commercial businesses. This announcement represents the continued execution of Parkland's strategy. Consistent with its strategy laid out in November 2023, the Company expects to double cash flow per share to $8.50 and grow Adjusted EBITDA to $2.5B by 2028 through continued organic growth, lowering costs and optimizing its supply advantage. Parkland continuously reviews all parts of its portfolio. While its Florida improvement plan is on track, the Company has more accretive investment opportunities in other parts of its business that can deliver stronger financial returns and growth. Parkland remains focused on improving returns and increasing cash flow through disciplined capital allocation. By divesting non-core assets, the Company continues to focus on areas with the highest growth potential and strongest synergies with its core business. Parkland's Florida business comprises approximately 100 retail locations, nine cardlock facilities and four bulk storage plants and warehouses. Early indications show substantial interest in our Florida assets, and we expect to complete this disposition within the next 12 to 18 months. The announced sale of Parkland's Florida business is part of the Company's previously announced non-core asset divestment program which the Company now expects will significantly exceed $500M by the end of 2025. The Company expects to close the previously announced sale of its Canadian propane business in the fourth quarter of 2024. This disposition includes estimated cash proceeds of $115M and an exclusive long-term supply contract with the new owner.
ENSG

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06:06 EDT Ensign Group acquires seven skilled nursing facilities in Colorado - The Ensign Group announced that it acquired the operations of the following skilled nursing facilities in Colorado: Desert Willow Health and Rehabilitation Center, a 106-bed skilled nursing facility located in Pueblo, Colorado; Junction Creek Health and Rehabilitation Center, a 133-bed skilled nursing facility located in Durango, Colorado; Pelican Pointe Health and Rehabilitation Center, a 104-bed skilled nursing facility located in Windsor, Colorado; Riverbend Health and Rehabilitation Center, a 100-bed skilled nursing facility located in Loveland, Colorado; Broadview Health and Rehabilitation Center, a 100-bed skilled nursing facility located in Greeley, Colorado; Westlake Lodge Health and Rehabilitation Center, a 107-bed skilled nursing facility located in Greeley, Colorado; and Linden Place Health and Rehabilitation Center, a 110-bed skilled nursing facility located in Longmont, Colorado. These acquisitions were effective as of September 1, 2024, and are subject to long-term, triple net leases.
OPY

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06:06 EDT Oppenheimer appoints Mark Hovanic as executive director, branch manager - Oppenheimer & Co. announced the appointment of Mark J. Hovanic as Executive Director and Branch Manager. In this role, he will lead the day-to-day operations of Oppenheimer's Private Client Division offices in Richmond, Va., and Virginia Beach, Va. A 25-year wealth management industry veteran, Hovanic joins Oppenheimer from J.P. Morgan Securities.
ILMN

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06:05 EDT EU says Court of Justice judgment annuls decision to probe Illumina deal - European Commission Executive Vice-President Margrethe Vestager commented on the Court of Justice judgment on the Illumina/GRAIL merger jurisdiction decisions, saying: "Today's judgment by the Court of Justice annuls the Commission's decisions to examine the proposed acquisition of GRAIL by Illumina. In those decisions, the Commission accepted requests by Belgium, France, Greece, Iceland, the Netherlands and Norway to review the transaction pursuant to Article 22(3) of the Merger Regulation. We will carefully study the judgment and its implications... Going forward, in compliance with today's judgment, the Commission will continue to accept referrals made under Article 22 of the Merger Regulation by Member States that have jurisdiction over a concentration under their national rules where the applicable legal requirements are met. In the last few years, several Member States have introduced provisions allowing them to request the notification of transactions that do not meet national thresholds, in situations where they might have a significant competitive impact. The possibilities for referrals to the Commission under Article 22, in compliance with today's judgment, are thus already more extensive than they were at the time of the Illumina/GRAIL referral. More generally, we will consider the next steps to ensure that the Commission is able to review those few cases where a deal would have an impact in Europe but does not otherwise meet the EU notification thresholds." Reference Link
ENSG

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06:05 EDT Ensign Group acquires new operation in Kansas - The Ensign Group announced that it acquired the operations of Prairie Ridge Health and Rehabilitation, a 102-bed skilled nursing facility located in Overland Park, Kansas. This acquisition was effective as of September 1, 2024, and is subject to a long-term, triple net lease.
TOUR

Hot Stocks

06:05 EDT Tuniu enters strategic cooperation with Tourism Authority of Thailand - Tuniu Corporation announced that the Tourism Authority of Thailand and the Company have signed a Letter of Intent at the TAT head office in Bangkok on August 30, 2024. Ms. Thapanee Kiatphaibool, TAT Governor, signed the agreement with Mr. Donald Yu, Tuniu's founder, Chairman and Chief Executive Officer, in the presence of Ms. Chang Yumeng, Counsellor for Cultural Affairs of the Embassy of the People's Republic of China to Thailand. Thailand has always been one of the most popular overseas destinations for Chinese tourists. From January to July of this year, the number of trips of Tuniu's packaged tours to Thailand increased more than 160% year-over-year. The signing of LOI marks a significant step forward for TAT and Tuniu in strengthening partnership, and includes greater collaboration between the two parties in promotion and communication to enhance the overall travel experience for Chinese tourists in Thailand.
LNZA

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06:05 EDT LanzaTech signs master license agreement with Sekisui for plants in Japan - LanzaTech Global has signed a Master License Agreement with Sekisui Chemical to deploy, at commercial scale, a jointly developed platform that converts syngas derived from municipal solid waste and industrial solid waste into ethanol. Sekisui intends to build multiple facilities in municipalities across Japan which incorporate equipment packages, engineering and advisory services, consumables, and intellectual property provided by LanzaTech. Sekisui expects its first commercial-scale facility to produce 10 to 12 kilotons of ethanol annually. Sekisui The agreement follows a 2017 pilot plant in Yorii-machi, Saitama, Japan, and the 2022 completion of an MSW-to-ethanol demonstration plant in Kuji City, Iwate, Japan.
HITI

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06:03 EDT High Tide to launch next-gen Canna Cabana 2.0 website - High Tide will re-launch the website of its flagship Canadian bricks-and-mortar retail brand, Canna Cabana, which represents more than 90 per cent of the Company's revenue. The new website features the latest tech, resulting in an enhanced user interface and overall improved customer experience, which also includes: New, sleek and modern design; Simplified age verification process; Faster loading times; Enhanced search function with multiple filters; Real-time inventory visibility; Improved search engine optimization; Displays nearby availability for out-of-stock products; Wish list function; Improved live-chat function
RMTI

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06:02 EDT Rockwell Medical signs distribution agreement with Nipro Medical - Rockwell Medical executed a distribution agreement with Nipro Medical, as part of Nipro Corporation Japan, a company in the global healthcare and medical device industry. Rockwell Medical will supply Nipro with the company's liquid and dry acid and bicarbonate hemodialysis concentrates, as well as its dry acid concentrates mixer, for which Nipro has the right to distribute the company's products globally, excluding the U.S. The agreement will remain in effect for two years with the option to extend the agreement for an additional one-year period and includes product purchasing minimums of $5.0M for the first year and incremental increases each subsequent year.
KBR

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06:02 EDT KBR completes LinQuest acquisition - KBR has completed the acquisition of LinQuest Corporation, a provider of advanced engineering, data analytics and digital integration with a strong history of solving complex technical challenges for national security space missions. The acquisition strengthens KBR's capabilities across space, air dominance and connected battlespace missions. LinQuest also has a heritage of serving important U.S. government customers including the U.S. Space Force, U.S. Air Force and other U.S. Department of Defense and intelligence agencies. KBR will immediately begin integrating LinQuest into KBR's Government Solutions segment and Defense and Intel business unit. Given the closing date, LinQuest's financial results are not expected to be material to KBR's Q3 2024 financial results. Therefore, impacts of the acquisition to KBR's full year guidance will be discussed on the Q3 earnings call.
NOK T

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05:59 EDT Nokia signs multi-year agreement with AT&T - Nokia (NOK) announced it has signed a multi-year agreement with AT&T (T) to deploy next-generation fiber access technology. Under this agreement, Nokia will provide its Lightspan MF and Altiplano platforms to support one of the largest fiber networks in the world. The five-year deal will include fiber network upgrades to AT&T's current footprint and next-generation fiber technologies for future network expansions and is Build America, Buy America-compliant. This strategic collaboration represents a significant milestone, establishing the network foundation essential for the next generation of broadband services. With Nokia's fiber solutions, AT&T can quickly establish a future-ready network capable of addressing the growing demand for more capacity and enhanced broadband services. Designed to support a range of next-generation PON technologies, from 10/25/50/100G, Nokia's Lightspan platform gives AT&T the choice and flexibility to optimize its network to its specific business case and needs. Nokia's Altiplano Access Controller will also help drive higher levels of automation in AT&T's network and service operations.
NOK COMM

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05:57 EDT Nokia announces collaboration with Ruckus Networks - Nokia (NOK)_announced a collaboration with Ruckus Networks, a CommScope business (COMM), to create an innovative solution for deploying seamless in-building and campus-wide connectivity, uniquely tailored to the needs of diverse industry verticals. This partnership offers an integrated fiber and Wi-Fi solution for delivering broadband service inside MDUs, offices, large venues, hospitality, medical facilities, and other enterprise segments. This joint solution combines Nokia's best-in-class fiber-based Optical LAN with Ruckus Network's industry-leading enterprise Wi-Fi and switching solutions, creating an integrated infrastructure.
ACIW

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05:55 EDT - ACI Worldwide announced a collaboration with Red Hat to make ACIs cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving digital economy and power the next generation of payment services. Using Red Hat OpenShift empowers banks, merchants, and billers with more flexibility and choice on how they wish to deploy their payment services, whether that is on-premises, in the cloud, or as a managed service. As a Red Hat partner, ACI gains access to Red Hats open source portfolio of cloud-native artificial intelligence and hybrid cloud platforms. The collaboration will help ACI customers simplify payment operations, allowing them to deploy ACIs enterprise payments platform on any cloud infrastructure and offering enhanced resiliency and scale while reducing operating costs.