Stockwinners Market Radar for January 02, 2025 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

18:41 EST Meta Platforms CLO Newstead sells 905 class A shares - In a regulatory filing, Meta Platforms chief legal officer Jennifer Newstead disclosed the sale of 905 class A shares of the company on December 31 at a price of $591.76 per share.

17:47 EST DocuSign CEO sells $3.6M in common stock - In a regulatory filing, DocuSign disclosed that its CEO Allan Thygesen sold 40K shares of common stock on January 2nd in a total transaction size of $3.6M.

17:01 EST Docebo CFO Sukaran Mehta to step down - The company states: "Docebo announced that Sukaran Mehta will be stepping down from his role as Chief Financial Officer to accept an undisclosed leadership role in a private equity portfolio company outside of the learning and education technology industries. Mr. Mehta will continue to serve in his current role through February 28, 2025 to ensure an orderly transition as the board conducts a search to identify a successor that will include both internal and external candidates. Upon Mr. Mehta's departure, Brandon Farber, Senior Vice President - Finance will serve as Interim Chief Financial Officer. Mr. Mehta's departure is not due to any disagreement with the Company or the board regarding its operating performance, financial results, accounting principles, practices or financial statement disclosures. Additionally, there are no changes to Docebo's outlook as previously issued in its Q3 earnings report on November 8, 2024. Docebo expects to report its Q4 results before the market opens on February 28, 2025."

16:32 EST Carvana tells Bloomberg short allegations 'misleading and inaccurate' - Following Hindenburg Research's short report, a Carvana spokeswoman told Bloomberg: "The arguments in today's report are intentionally misleading and inaccurate and have already been made numerous times by other short sellers seeking to benefit from a decline in our stock price." The stock closed Thursday down 2%, or $3.78, to $199.56.

16:25 EST Pennant Group names Brent Guerisoli chairman - The Pennant Group announced the appointment of Brent Guerisoli as Chairman of its board of directors and Scott Lamb as Lead Independent Director of its board of directors, each effective January 1, 2025. Guerisoli and Lamb are existing directors of the company. Guerisoli has served on Pennant's board since 2023. He has been a key leader with the organization since 2012 and has served as its Chief Executive Officer since 2022. Guerisoli succeeds Barry Smith, who served as Chairman since February 2023. Smith will remain on the company's board and will continue to serve as chairman of the nominating and corporate governance committee of the board. "The board has great confidence in Brent," said Smith, "which he has earned through his inspiring leadership, consistent performance, and transparent communication. He will make an excellent Chairman to lead Pennant forward." Also effective January 1, 2025, the board has appointed Lamb as the company's Lead Independent Director. Lamb has served on Pennant's board and as chairman of its audit committee since 2019. Lamb served as Chief Financial Officer of publicly traded medical device company ICU Medical, Inc. from 2008 to 2020, which provided invaluable experience and perspective that he draws on when carrying out his current board duties.

16:20 EST Drilling Tools completes acquisition of UK-based Titan Tools Services - Drilling Tools completed its acquisition of Titan Tools Services, a UK-based downhole tool rental company. The transaction was finalized on January 2. This acquisition aims to enhance DTI's product offerings and strengthens its presence in the North Sea, European, and African markets. Titan, established in 2009 and based in Aberdeen, Scotland, specializes in renting, servicing, and manufacturing advanced drilling equipment for the oil, gas, and geothermal industries. The integration of Titan into DTI's operations is expected to begin immediately, with a focus on maintaining business continuity and leveraging synergies between the two companies.

16:17 EST UDR names Mike Lacy as new COO, Joe Fisher as new Chief Investment Officer - UDR announced the following Executive Management promotions and Leadership Transition plans effective January 1, 2025. First, Mike Lacy has been promoted to Chief Operating Officer after having served as Senior Vice President - Operations since 2019. Mr. Lacy has served in a variety of operational roles since joining UDR in 2006 and has been instrumental in leading the Company's operating strategy and implementing many of the Company's innovative initiatives. Second, Joe Fisher has been appointed to the role of Chief Investment Officer in addition to his roles as President and Chief Financial Officer. Mr. Fisher, who has served as the Company's CFO since 2017, will take on the additional responsibilities of overseeing the Company's investment and development functions.

16:07 EST DoorDash CFO sells $1.19M in common stock - In a regulatory filing, DoorDash disclosed that its CFO sold 7K shares of common stock on December 30th in a total transaction size of $1.19M.

16:02 EST Bank OZK raises quarterly dividend 2.44% to 42c per share - Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank's common stock of 42c per share, up 1c, or 2.44% from the prior quarter. The common stock dividend is payable on January 21, 2025 to shareholders of record as of January 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-eight quarters. The Board of Directors also declared a quarterly cash dividend of 28.906c per share on the Bank's 4.625% Series A Non-Cumulative Perpetual Preferred Stock for the period covering November 15, 2024 through, but excluding February 15, 2025. The Series A Preferred Stock dividend is payable on February 18, 2025, to the holders of record of the Series A Preferred Stock at the close of business on February 3, 2025.

14:36 EST United Steelworkers says Nippon concessions nothing but 'Hail Mary' - The United Steelworkers said in a statement: "In their most recent act of desperation, U.S. Steel and Nippon are now requiring supervisors to circulate a petition to workers while they're on the job. This document contains more deceitful rhetoric from CEO David Burritt and his cronies in yet another unlawful attempt to undercut our strength as they recklessly pursue their golden parachutes at all costs...According to the press, Nippon says it will allow capacity to be monitored, but once again, it fails to commit to maintaining production for the long term or actually strengthening domestic capacity in integrated facilities. Protecting capacity only means moth-balling our equipment, allowing it to rust away to the point that it is no longer feasible to re-start. This is nothing but a 'Hail Mary' pass destined to fall to the ground...The bottom line is Nippon is a serial trade cheater that for decades built its business model on adding to global overcapacity and threatening the U.S. industry. It's had a year to lay out a clear plan for the future based on something other than empty promises, but it can't because its entire goal in this transaction is to carry that model forward by undermining our industry from the inside. This transaction has been under review for more than a year. Both President Biden and President-elect Trump recognized early on that there are clear and undeniable national security risks. They know, as we do, that allowing Nippon to buy USS will reduce jobs at the current USS plants and endanger our domestic steelmaking capacity. These concerns have now been confirmed by the Committee on Foreign Investment in the United States. Nippon and USS want you to believe that the sale is good for workers, but this petition is just another distraction to cover up Burritt's plans to cash out his considerable stock holdings and sell us out to a company whose long-term plans include eliminating our jobs." Reference Link

14:00 EST Nick Clegg confirms exit from Meta, Joel Kaplan taking over - Nick Clegg said via X: "As a new year begins, I have come to the view that this is the right time for me to move on from my role as President, Global Affairs at Meta. It truly has been an adventure of a lifetime! I am proud of the work I have been able to do leading and supporting teams across the company to ensure innovation can go hand in hand with increased transparency and accountability, and with new forms of governance. My time at the company coincided with a significant resetting of the relationship between 'big tech' and the societal pressures manifested in new laws, institutions and norms affecting the sector. I hope I have played some role in seeking to bridge the very different worlds of tech and politics - worlds that will continue to interact in unpredictable ways across the globe. I will be forever grateful to Mark and Sheryl Sandberg for taking me on in the first place - and to the many colleagues and teams I have had the good luck to work with ever since. It has been an extraordinary privilege to gain a front row insight into what makes Silicon Valley such an enduring hub of world leading innovation. And I am simply thrilled that my deputy, Joel Kaplan, will now become Meta's Chief Global Affairs Officer. Over the years that we have worked together, we have become good friends as well as close colleagues - I have laughed with, as well as learned from, Joel in equal measure. He is quite clearly the right person for the right job at the right time! I much look forward to spending the next few months handing over the reins to Joel before finally leaving Meta after so many enjoyable years at the company." Reference Link

13:46 EST Concord Medical trading halted, volatility trading pause

13:06 EST Diamond Sports Group emerges from Chapter 11 as Main Street Sports Group - Diamond Sports Group announced that it has completed its financial restructuring and has emerged from Chapter 11 as Main Street Sports Group with "a significantly deleveraged balance sheet." "Main Street Sports emerges with a healthy capital structure and is well positioned, with valuable professional team rights across the MLB, NBA and NHL, to elevate the fan experience and drive incremental value for its team, league and distribution partners. The Main Street Sports rebrand marks a new era for the Company, which will continue to serve as a dedicated broadcast hub for local sports fans. The Company will continue to serve fans under the FanDuel Sports Network name, through its naming rights agreement with FanDuel for its 16 regional sports networks. The Company's Plan of Reorganization was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on November 14, 2024. The Plan received nearly unanimous support from its funded debt holders. Funds managed by PGIM Fixed Income, Hein Park Capital Management LP, Discovery Capital Management, Hudson Bay Capital Management LP, Alta Fundamental Advisers LLC and others, have received equity for their funded debt claims. Through its financial restructuring, Main Street Sports has reduced approximately $9 billion of pre-petition debt to $200 million and has a well-capitalized balance sheet," the company stated. Flutter Entertainment is the parent company of FanDuel.

12:42 EST Interactive Brokers reports December DARTs up 66% y/y - Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for December. Brokerage highlights for the month included: 3.267 million Daily Average Revenue Trades, 66% higher than prior year and 1% lower than prior month. Ending client equity of $568.2B, 33% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $64.2B, 45% higher than prior year and 7% higher than prior month. Ending client credit balances of $119.7B, including $4.9B in insured bank deposit sweeps2, 15% higher than prior year and 1% higher than prior month. 3.34 million client accounts, 30% higher than prior year and 3% higher than prior month. 219 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.58 including exchange, clearing and regulatory fees.

12:36 EST DXC Technology names Brad Novak CIO - DXC Technology announced the appointment of Brad Novak as Chief Information Officer. Novak joins DXC's leadership team, with a strong focus on leveraging AI throughout DXC operations. He will report to DXC's Chief Administrative Officer, James Walker. In this role, Novak will strategically embed AI across the infrastructure. He will also lead the team to integrate, standardize and consolidate various platforms, tools, and processes to enhance workforce productivity and operational efficiency.

12:01 EST Mars Acquisition Corp. trading resumes

12:00 EST Vertical Aerospace falls -9.9% - Vertical Aerospace is down -9.9%, or -$1.25 to $11.33.

12:00 EST Sunnova Energy rises 17.5% - Sunnova Energy is up 17.5%, or 60c to $4.03.

12:00 EST Butterfly Network rises 31.7% - Butterfly Network is up 31.7%, or 99c to $4.11.

11:47 EST Trust Stamp announces 1-for-15 reverse stock split effective January 6 - Trust Stamp announced that a reverse stock split of its common stock will become effective at the market open on Monday, January 6. The reverse stock split was approved by the company's board of directors and shareholders and will be implemented at a ratio of 1-for-15. Following the split, every 15 issued and outstanding shares of common stock will be converted into one share of common stock. No fractional shares will be issued as a result of the reverse stock split, and any fractional shares that would otherwise have resulted from the reverse stock split will be rounded up. Gareth Genner, CEO, said, "The primary purpose of this reverse split is to bring the Company into compliance with Nasdaq Rule 5550(a)(2), but it also has a broader significance. As I will communicate later this month during our annual meeting on January 29, we have repositioned the company for 2025 with new strategic partnerships, new sources of income, and reduced expenses. We believe the reverse split brings our share price to a level where we will be eligible for investment by a greater number of family offices and institutions, and we will seek to significantly grow our shareholder base by reaching out to those investors to introduce them to our unique technology, and exciting growth opportunities."

10:48 EST Constellation awarded more than $1B in combined contracts by GSA - Constellation announced it has been awarded more than $1B in combined contracts by the U.S. General Services Administration to supply power to more than 13 government agencies and perform energy savings and conservation measures at five GSA-owned facilities in the National Capital Region. Constellation's retail subsidiaries will provide the services to the GSA. Under a 10-year, $840M contract, "the largest in GSA history," Constellation will supply the GSA with more than 1 million megawatt hours annually, beginning in 2025. A portion of the power will come from investments Constellation will make to increase plant output, known as "uprates." Joe Dominguez, Constellation President and CEO, said: "For many decades, Constellation's nuclear fleet has provided carbon-free, reliable, American-made energy to millions of families and institutions. Frustratingly, however, nuclear energy was excluded from many corporate and government sustainable energy procurements. Not anymore. This agreement is another powerful example of how things have changed. Under this agreement, the United States government joins Microsoft and other entities to support continued investment in reliable nuclear energy that will allow Constellation to relicense and extend the lives of these critical assets. In combination with the Crane restart announced previously, Constellation and its partners will add approximately 1,100 MWs of 24/7 clean energy by 2028, enough energy to power over one million homes."

10:35 EST BlackBerry shares rise after unveiling relaunch of QNX brand - Shares of BlackBerry are on the rise on Thursday after the company announced a divisional name change and the relaunch of its QNX brand "to boost recognition and reinforce its leadership within the automotive and general embedded industries." Previously named "BlackBerry IoT," the decision to rename the division as "QNX" and relaunch the QNX brand was shaped by input from customers, partners, employees and other stakeholders and it's revitalization represents an important milestone in QNX's storied history along with a recognition of its potential to play an even bigger role powering the next-generation Software-Defined Vehicles and mission-critical systems of the future, the company said. BlackBerry noted that over the coming months, additional platforms and products may be updated to reflect the division's new brand identity including the myQNX development environment. As part of the QNX brand revitalization, the company also unveiled a refreshed logo, website and distinct visual identity for the new division. The stock has gained over 7% to $4.05 following the news. Reference Link

10:27 EST Constellation shares up 5.3% after Bloomberg says reaches power deal with U.S.

10:19 EST Baird Medical Investment Holdings Ltd trading halted, volatility trading pause

10:00 EST Vertical Aerospace falls -5.6% - Vertical Aerospace is down -5.6%, or -70c to $11.88.

10:00 EST Covenant Logistics falls -48.7% - Covenant Logistics is down -48.7%, or -$26.57 to $27.94.

10:00 EST Unity rises 13.1% - Unity is up 13.1%, or $2.94 to $25.41.

09:58 EST Roaring Kitty shares short music clip, Unity Software stock jumps - Shares of Unity Software are up about 15% to $25.91 in morning trading despite a lack of news about the company. Roaring Kitty, however, has shared a short clip of the late musician Rick James, who once recorded a song named "Unity," which has led some investors to see it as a clue to invest in Unity Software (U). Of note, Roaring Kitty, also known as Keith Gill, was behind the 2021 GameStop (GME) rally. Reference Link

09:48 EST Cango rises 10.2% - Cango is up 10.2%, or 45c to $4.85.

09:48 EST Topgolf Callaway rises 12.8% - Topgolf Callaway is up 12.8%, or $1.01 to $8.87.

09:47 EST NEHC Stock trading resumes

09:47 EST Covenant Logistics falls -48.8% - Covenant Logistics is down -48.8%, or -$26.60 to $27.91.

09:44 EST Atlasclear Holdings Inc trading halted, volatility trading pause

09:39 EST Neumora Therapeutics Inc trading resumes

09:37 EST NEHC Stock trading halted, volatility trading pause

09:34 EST Neumora Therapeutics Inc trading halted, volatility trading pause

09:30 EST Marsh McLennan acquires Acumen Solutions, terms not stated - The company states: "Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across North America, today announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based full-service insurance agency. Terms of the acquisition were not disclosed."

09:29 EST Aware names CFO David Traverse as interim CEO - Aware "announced that its Board of Directors has appointed Aware Chief Financial Officer David Traverse as Interim Chief Executive Officer, effective January 1, 2025. This appointment follows the effectiveness of Bob Eckel's previously announced resignation as Aware's CEO on December 31, 2024, a position he held since September 2019. David Traverse will fulfill the function of interim CEO until the search for a new CEO is complete."

09:06 EST Tesla down 3% after reporting below-consensus Q4 deliveries - Shares of Tesla are down $12.79, or 3%, to $391.05 in pre-market trading following the company's press release regarding its Q4 production, deliveries and deployments.

09:04 EST Texas Capital appoints Williams-Ramey as CHRO - Texas Capital Bancshares announced the appointment of Aimee Williams-Ramey as its Chief Human Resources Officer, CHRO, effective immediately. Williams-Ramey now reports directly to Texas Capital's President & Chief Executive Officer Rob Holmes and serves as a member of the firm's Operating Committee.

09:03 EST NexGel appoints McGuire as Chief Financial Officer - NEXGEL announced the appointment of Joseph McGuire as Chief Financial Officer, effective January 1, 2025. Adam Drapczuk III, current Chief Financial Officer, will remain with the Company as a consultant.

09:01 EST MicroAlgo reports development of hybrid classical-quantum algorithms - MicroAlgo announced the development of an innovative hybrid algorithm that combines classical and quantum computing to optimize Multi-Query Optimization problems. "MicroAlgo's hybrid algorithm is not only a major breakthrough in existing technology but also a powerful outlook on the future applications of quantum computing. We firmly believe that, through continuous research and innovation, quantum computing will gradually transition from theory to practice, becoming a powerful driver of technological progress and societal development. We look forward to a future where quantum computing will bring even more surprises and possibilities, opening a new era of computing."

08:54 EST Silo Pharma issues letter to shareholders on progress of lead assets - Silo Pharma issued a letter to shareholders highlighting the Company's progress and potential for its lead assets SPC-15 and SP-26 as treatments for mental health and chronic pain management, respectively. The company wrote, "Silo Pharma is gaining momentum along its path to first-in-human trials for lead candidate SPC-15, an intranasal prophylactic targeting PTSD and stress induced anxiety disorder. We are currently conducting a GLP-compliant pharmacokinetic and pharmacodynamic study and believe this will be the final data required before we submit an investigational new drug application to the FDA. I'm proud to report that we are getting closer to in-human trials. In addition to SPC-15, we are advancing development of our SP-26 ketamine implant and continuing studies of our other investigational drugs."

08:37 EST Cenntro Electric gets order for 500 custom Metro MR vehicles for Japan market - Cenntro announced its manufacturing facility, Zhejiang Cenntro Machinery Co secured an order for 500 customized Metro MR vehicles exclusively for the Japanese market. We believe this order highlights Cenntro's commitment to delivering market-specific, high-value solutions, and our ability to meet the rigorous quality and performance standards expected by what we believe to be one of the world's most discerning customer bases. "We see significant potential in Japan as a strong market for ultra-light electric utility vehicles. We view this as a pivotal milestone that not only reinforces our presence in Japan, but the sale may set the stage for additional orders and expanded market share"

08:36 EST Sealsq expects 2025 to be a 'landmark year' - SEALSQ (LAES) announced that 2025 is expected to be a "landmark year" for SEALSQ and its parent company WISeKey International Holding (WKEY) as they advance their leadership in quantum technologies. SEALSQ and WISeKey are collaborating with the National Institute of Standards and Technology National Cybersecurity Center of Excellence on the development of the first Quantum-Resistant USB Token demonstrator. Additionally, SEALSQ's collaboration with NCCoE is changing the way IoT devices are onboarded and managed.

08:33 EST Blackbaud announces sale of EVERFI to private investment firm - Blackbaud announced it has sold its EVERFI Inc. business to a private investment firm that is unaffiliated with Blackbaud. After a diligent and thorough strategic process, the sale was closed on December 31, 2024, for a nominal amount. The company will be sharing more details in its next Form 10-K filing. "We are working closely with the buyer and the EVERFI leadership team to provide a seamless transition for EVERFI's customers and employees," said Dale Strange, president of corporate impact, Blackbaud. "EVERFI remains well equipped to support its customers, delivering educational courses on key topics like financial literacy, wellness, compliance and workplace training."

08:32 EST Innoviz regains compliance with Nasdaq's minimum bid price requirement - Innoviz Technologies announced that it received formal written confirmation from The Nasdaq Stock Market, LLC confirming that the company has regained compliance with Nasdaq's minimum bid price requirement. The regaining of compliance is a result of the company's closing bid price of the company's ordinary shares being at least $1.00 for at least 10 consecutive business days prior to January 27, 2025 deadline, as described in the initial notice from Nasdaq to the company dated July 30, 2024.

08:15 EST Manulife Financial closes LTC reinsurance transaction with Reinsurance Group - Manulife (MFC) announced that it has closed the previously announced transaction to reinsure two blocks of legacy business, including a younger block of long-term care, with Reinsurance Group of America (RGA). "With this second milestone LTC reinsurance transaction, we have now reinsured both mature and younger LTC blocks, further validating our prudent LTC reserves and assumptions," said Manulife President and CEO Roy Gori. "Additionally, this transaction reaffirms our commitment to unlocking shareholder value and further reshapes our portfolio to higher return and lower risk."

08:13 EST Bandwidth announces Devesh Agarwal as COO - Bandwidth announced Devesh Agarwal as Chief Operating Officer, effective January 1, 2025. Agarwal had served as interim COO since July 2024. He joined Bandwidth in July 2022 as Chief Software Strategy Officer. "Devesh has demonstrated both the vision and the heart for our mission to serve customers while also lifting up Bandmates globally," said David Morken, Bandwidth's CEO.

08:09 EST Gannett, Reuters launch bundle content offering - Reuters and Gannett Co. announced an agreement to provide media brands and publishers with an offering that includes ready-to-publish local, regional, state, national and international multimedia news and content. The new offering will combine Reuters extensive national and international coverage with Gannett's USA TODAY Network coverage of local news from more than 200 publications across the country. The Reuters-USA TODAY Network bundle offering will be available to media companies during the first quarter of 2025.

08:09 EST Lexicon appoints Scott Coiante as CFO - Lexicon appointed Scott Coiante as SVP and CFO, effective January 2. Coiante is a senior finance executive with more than 35 years of experience in the life science and pharmaceutical industries. He joins Lexicon from Agile Therapeutics, where he served as SVP, CFO and Treasurer of Agile Therapeutics from August 2023 to August 2024, as well as from 2011-2019. Coiante also previously served as SVP, CFO, Treasurer and Secretary at Aprea Therapeutics and held several senior financial positions at Medarex.

08:07 EST Hudbay Minerals announces Board Chair transition - Hudbay Minerals announced plans for the transition of the Chair of the company's Board of Directors. Stephen Lang has stepped down as Chair of the Board due to health reasons. David Smith, current independent director, has been appointed Chair of the Board, effective January 1. Lang, who was appointed Chair in October 2019, will remain on the Board as an independent director. Smith joined the Board as an independent director in May 2019, bringing nearly 40 years of financial and executive leadership experience in the mining sector. Smith is a corporate director who has had a career on both the finance and the supply sides of the mining business. Smith previously served as CFO of Finning International, equipment supplier to the mining industry with operations in Canada and South America. Before joining Finning, Smith's career included serving as CFO of Ballard Power Systems, various senior executive positions over 16 years with Placer Dome and four years with PriceWaterhouseCoopers.

08:06 EST LGI Homes opens new community in Winston-Salem area - LGI Homes announces the grand opening of Applewood, a new community in the charming town of King, located northwest of Winston-Salem. This community offers a wide selection of brand-new, upgraded homes.

08:05 EST NRx Pharmaceuticals, Hope announce planned acquisition of Kadima - HOPE Therapeutics, a wholly-owned subsidiary of NRx Pharmaceuticals, announced the planned acquisition of the Kadima Neuropsychiatry Institute of La Jolla, CA, per the previously announced Letter of Intent, for the HOPE network. Kadima is expected to serve as the flagship clinic for HOPE's planned international network of interventional psychiatry clinics, designed to provide advanced treatments for debilitating diseases such as depression, anxiety and PTSD. Upon consummation of the proposed acquisition, Kadima's founder and CEO, Prof. David Feifel, MD PHD, will serve as HOPE's Chief Medical Innovation Officer, focused on identifying and evaluating new developments in the treatment of CNS disorders. The acquisition of Kadima is subject to the completion of financial audits, execution of definitive agreements, the satisfaction of standard closing conditions.

08:03 EST Gentex promotes CTO Neil Boehm to COO - Gentex has promoted Chief Technology Officer Neil Boehm to Chief Operations Officer. Boehm joined Gentex in 2001 as a program manager and served in various roles with increased responsibilities in product development and engineering, including Vice President of Engineering. In 2018, he was promoted to Chief Technology Officer. Boehm began his engineering career at Johnson Controls where he served as engineering manager.

08:03 EST Bioventus completes divestiture of its Advanced Rehabilitation business - Bioventus announced that it has successfully completed the divestiture of its Advanced Rehabilitation business to Accelmed Partners, a private equity firm focused on acquiring and growing commercial-stage HealthTech companies. The transaction, announced on October 1, 2024, enables Bioventus to continue improving its focus and execution within the Company's core businesses, while also delivering approximately $20 million of net closing proceeds to enhance liquidity.

08:02 EST IBM, GlobalFoundries announce settlement, resolution of all litigation matters - GlobalFoundries (GFS) and IBM (IBM) announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to explore new opportunities for collaboration in areas of mutual interest. The details of the settlement are confidential and both parties have expressed satisfaction with the outcome.

07:57 EST Macau reports December casino revenue down 2% to 18.2B patacas - Macau's gaming bureau reported December gross revenue from games of fortune in the region was down 2.0% year-over-year to 18.202B 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

07:37 EST Sable Offshore provides update on litigation status regarding Haaland lawsuit - Sable Offshore provided an update on the previously disclosed Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit or the "Haaland lawsuit . On December 20 the U.S. Department of Justice filed a motion to remand without vacatur the Haaland lawsuit to BSEE for BSEE to reconsider its 2023 decision approving an extension to resume operations on the leases for the Santa Ynez Unit. Assuming the motion is granted, Sable intends to cooperate with the government to facilitate an expeditious review and that the government's prior extensions to resume operations were both appropriate and authorized. Moreover, under the government's proposed remand, Sable's operations on the Santa Ynez Unit remain unaffected. In the event that any non-governmental third party attempts to unlawfully interfere with Sable from restarting the Santa Ynez Unit, which contains net estimated contingent resources currently valued at over $10 billion, Sable is prepared to vigorously pursue all available legal remedies.

07:34 EST Siga Technologies approved in Japan for treatment of orthopoxviruses - Siga Technologies' antiviral treatment Tepoxx, has received regulatory approval in Japan for the treatment of smallpox, mpox, cowpox, as well as complications following smallpox vaccination in adults and pediatric patients weighing at least 13 kg. Tepoxx is the first antiviral therapy approved by the Pharmaceuticals and Medical Devices Agency, in collaboration with the Japan Ministry of Health, Labour and Welfare, for the treatment of orthopoxviruses. In partnership with Japan Biotechno Pharma, Siga's exclusive distributor in Japan, Siga has delivered an order of Tepoxx to help build Japan's strategic national stockpile. Tpoxx is approved in the U.S. and Canada for the treatment of smallpox. In the E.U. and U.K., marketed as Tecovirimat-SIGA, it is approved for the treatment of smallpox, mpox, cowpox, and to treat complications following smallpox vaccination.

07:34 EST Cass Information Systems acquires AcuAudit Platform from Acuitive Solutions - Cass Information Systems has acquired AcuAudit, the premier freight audit platform for ocean and international air freight, from Acuitive Solutions. "The Acuitive team has built a truly exceptional solution to support the advanced needs of global shippers," said Tony Urban, president of Cass's freight audit and payment group. "Today, with a best-in-class solution for every mode as well as full global coverage, Cass offers the most robust freight audit and payment offering worldwide. We are the sole global provider for large shippers with complex transportation operations across all modes." Phil will retain and lead Acuitive Solutions as it continues to expand its expedited shipment routing and multi carrier parcel manifesting solutions for the retail and high fashion industries.

07:33 EST Par Technology acquires Delaget for $132M - Par Technology announced its acquisition of Delaget. The transaction closed on December 31, 2024. Founded in 2001, Delaget serves over 30,000 locations, with 125+ brands among its customers. Delaget's platform delivers data analytics, loss prevention, and operational insights that help restaurant operators streamline operations and improve profitability. Under the terms of the definitive agreement, Par acquired 100% of the outstanding equity interests of Delaget in consideration for Par's payment of $132M, which was principally paid in shares of Par common stock.

07:28 EST iBio expands cardiometabolic, obesity treatment development program - iBio announced the expansion of its cardiometabolic and obesity treatment development program by in-licensing a potentially best-in-class long-acting anti-myostatin antibody from AstralBio, Inc. The antibody, now named IBIO-600, was identified by AstralBio using iBio's proprietary technology stack and was designed for subcutaneous administration with the potential for an extended half-life. Pursuant to the agreement, AstralBio will receive an upfront payment of $750,000, which iBio has paid by issuing its common stock to AstralBio. In addition, AstralBio will be eligible for development and commercialization milestone payments totaling up to $28 million. If iBio sublicenses the licensed product, AstralBio will receive low to mid-single-digit sublicense fees on the proceeds of the sublicense fees. iBio is solely responsible for the research and development, manufacturing and commercialization activities of the licensed product.

07:13 EST Neumora: KOASTAL-1 study did not demonstrate SS improvement on primary endpoint

07:12 EST Avalo Therapeutics appoints Jennifer Riley as Chief Strategy Officer - Avalo Therapeutics appointed Jennifer Riley as Chief Strategy Officer, effective January 1. Riley has over 20 years of leadership experience in the biotechnology and pharmaceutical industries. Most recently, she founded Northbrook Consulting. Previously, she held senior leadership roles at Biogen, including Vice President of Program Leadership and Management, overseeing the strategy and launch readiness for its hemophilia portfolio.

07:10 EST Immunocore appoints Travis Coy as CFO and Head of Corporate Development - Immunocore has appointed Travis Coy as EVP, CFO and Head of Corporate Development, effective January 1. He will become an Executive Officer, transitioning from his role of Non-Executive Director that he assumed in September 2019. He brings over 20 years of experience working at Eli Lilly, where his most recent role was Vice President, Head of Transactions and M&A, Corporate Business Development. Prior to this role, Travis held a variety of roles, at Eli Lilly, of increasing responsibility across finance and business development, including leading business development for oncology and cardiometabolic diseases, financial leadership of the oncology business unit, Director of Investor Relations, and Director of Corporate Finance and Investment Banking. He started his career as a chemist in Lilly's research laboratories.

07:07 EST Karyopharm appoints Lori Macomber as CFO - Karyopharm appointed Lori Macomber as EVP, CCFO and Treasurer, effective January 3. Macomber has over 20 years of experience in financial strategies for life science companies. Most recently, she served as CFO at Legend Biotech, a publicly traded, commercial-stage biopharmaceutical company. Previously, Macomber held leadership roles of increasing responsibility with Ametek PDS, Cello Health, Eli Lilly and Pfizer. In connection with Macomber's appointment as CFO, effective as of January 31, the company granted Macomber inducement awards consisting of a non-statutory stock option to purchase 650K shares of Karyopharm's common stock and 160K restricted stock units. The Inducement Option vests over four years. The Inducement RSU Award will vest over three years.

07:04 EST Gambling.com completes acquisition of Odds Holdings - Gambling.com announced that it completed the previously announced acquisition of Odds Holdings, the parent company of OddsJam, on January 1, as planned and on schedule. The company said, "The completion of this acquisition underscores Gambling.com Group's ability to execute strategic transactions efficiently and without delay. This acquisition expands Gambling.com Group's footprint in the online gambling ecosystem by adding complementary recurring revenue streams from consumer subscription products and enterprise clients. The Odds Holdings platform, powered by state-of-the-art technology for real-time odds data, strengthens the Company's position as a leader in the global online gambling ecosystem."

07:03 EST Welltower announces executive and senior leadership team promotions - Welltower announced executive and senior leadership team promotions to further solidify its team and to strengthen the company's long-term growth prospects. John Burkart has been appointed Vice Chairman & Chief Operating Officer after previously serving as Executive Vice President - Chief Operating Officer. Nikhil Chaudhri was appointed Co-President & Chief Investment Officer after previously serving as Executive Vice President - Chief Investment Officer. Tim McHugh was appointed Co-President & Chief Financial Officer after previously serving as Executive Vice President - Chief Financial Officer. Matthew McQueen has been appointed Chief Legal Officer after previously serving as Executive Vice President - General Counsel.

07:02 EST Welltower names Nikhil Chaudhri co-president, chief investment officer

07:01 EST Welltower names John Burkart vice chairman, COO

06:54 EST ANI Pharmaceuticals launches Prucalopride Tablets after FDA approval - ANI Pharmaceuticals announced that following final approval from the FDA for its Abbreviated New Drug Application, the company has launched Prucalopride Tablets. ANI's Prucalopride Tablets is the generic version of the reference listed drug Motegrity. U.S. annual sales for Prucalopride Tablets total approximately $168.0M, based on October 2024 moving annual total IQVIA data.

06:34 EST Nova Minerals sells non-core investment in Snow Lake Resources for $6.73M - Nova Minerals announced developments to add cash to the company's balance sheet for its 2025 field season, and strengthen its financial position and strategic focus. The company has completed the sale of the 6.6 million shares which it owned in Snow Lake Resources, realizing gross proceeds of $6.73M. This divestment aligns with the objective to advance the gold and antimony assets within the Estelle Gold and Critical Minerals Project. $4M of the proceeds has been allocated to reduce the Nebari loan, leaving just $1.42M of the facility on the balance sheet. The remaining proceeds from the sale will be directed towards advancing exploration and development activities at the company's Estelle Gold and Critical Minerals Project, in Alaska. The funding is intended to enable the acceleration of development programs, with a focus on RPM and the numerous antimony prospects. The company also exercised 109,237 warrants over the last few months, which has brought in additional cash funding of approximately $0.79M.

06:09 EST Ensign Group closes on expansion in Tennessee, adds first operation in Alabama - Ensign Group (ENSG) acquired the operations of nine skilled nursing facilities in Tennessee and Alabama, including among others: Meadowbrook Healthcare and Rehabilitation Center, 83-bed skilled nursing facility located in Pulaski, Tennessee; Legacy Park Health and Rehabilitation, a 176-bed skilled nursing facility located in Knoxville, Tennessee; VanAyer Senior Living and Rehabilitation, a 91-bed skilled nursing facility located in Martin, Tennessee; Union City Health and Rehabilitation, a 115-bed skilled nursing facility located in Union City, Tennessee; Decatur County Healthcare, a 125-bed skilled nursing facility located in Parsons, Tennessee. Six of these operations are jointly owned by CareTrust REIT (CTRE) and a joint venture investor and are subject to a new, long-term triple net master lease with Ensign affiliated operating companies effective January 1. The remaining three operations were purchased by Standard Bearer Healthcare REIT, Ensign's captive real estate subsidiary effective December 31, 2024. All nine operations are operated by Ensign affiliated operating companies.

06:05 EST CareTrust REIT appoints Lauren Beale as chief accounting officer - The Board of Directors of CareTrust REIT announced the appointment of Lauren Beale as Chief Accounting Officer, effective as of January 1, 2025. Beale becomes the company's first CAO after serving in different leadership roles since the inception of CareTrust. "On behalf of the Board and all of us at CareTrust, I express our gratitude for the tremendous impact Lauren has had on building the company since the beginning," said CEO Dave Sedgwick.

05:36 EST Cango produces 569.9 bitcoin in December - Cango announced its production update for crypto mining business in December 2024.

05:31 EST Hookipa Pharma to acquire Poolbeg Pharma - The boards of directors of Hookipa Pharma (HOOK) and Poolbeg Pharma announced that they have entered into non-binding discussions for an all-share acquisition by Hookipa of Poolbeg to create a clinical-stage biopharmaceutical company focused on developing and commercializing medicines with a special focus on immunotherapies for the treatment of cancer and other serious diseases. The potential combination is intended to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006. The boards believe the potential combination would create a diversified clinical pipeline led by multi-KRAS targeting HB-700, a next generation immunotherapy potentially offering additional treatment options for cancers with limited treatment options, and Phase 2-ready small molecule POLB 001, a potentially breakthrough orally delivered preventative therapy for cancer immunotherapy-induced CRS. Furthermore, the boards expect the potential combination to bolster near-term clinical data catalysts, with clinical data expected across multiple programs over the next 24-months in large therapeutic areas with unmet medical needs. The combined group would also have two partnered programs with Gilead (GILD), offering the potential of significant development and commercialization milestones in addition to significant sales royalties for the combined group's shareholders. Poolbeg shareholders will receive 0.03 Hookipa shares for each Poolbeg share held; based on the exchange ratio, the potential combination would have the effect that Poolbeg shareholders prior to the completion of the potential combination are expected to receive, on a fully diluted basis, approximately 55% of the equity in the combined group and Hookipa shareholders are expected to hold approximately 45% of the equity in the combined group; Hookipa is expected to undertake a 100% primary private placement fundraise of up to approximately $30M which will be funded into Hookipa immediately following the completion of the potential combination in order to provide sufficient capital for the enlarged business to realize meaningful expected value inflection points, including Phase 1 interim data for HB-700 in the first half of 2026, Phase 2a topline data for POLB 001 in the second half of 2026 and primary completion of the Phase 1b trial of HB-500 in the second half of 2025. Upon completion of the fundraise, the combined group would be debt free with financial runway through year-end 2026, assuming the receipt of future expected R&D grant proceeds from the Government of Austria, which Hookipa has received in previous years for qualifying research and development expenses and capital expenditures. The fundraise would be expected to be completed concurrently with the completion of the potential combination by early in the second quarter of 2025 and would be conditional upon completion of the potential combination, although completion of the potential combination will not be conditional upon completion of the fundraise; following the completion of the fundraise, both the Hookipa ownership percentage and the Poolbeg ownership percentage would be reduced proportionally based on the number of Hookipa shares issued to investors in connection with the fundraise. On a fully diluted basis, The CVR is expected to provide that Hookipa shareholders will be entitled to approximately 55% of the milestone payments made by Gilead to Hookipa following the achievement of specified development and commercialization milestones for the HB-400 and HB-500 programs and 80% of proceeds generated by the HB-200 program, subject to an adjustment mechanism which may result in a lower Hookipa CVR ownership percentage based on Hookipa's net cash on completion of the potential combination. Hookipa intends to remain as the listed entity for the combined group on Nasdaq and Poolbeg is expected to become a private subsidiary of Hookipa and apply for cancellation of the admission of its shares to trading on AIM; and the combined group is expected to have operations in the European Union, the United Kingdom and the United States of America. All discussions to date have been non-binding and on a non-exclusive basis, and there can be no assurance that a firm offer will be made or that any transaction will be completed.

05:05 EST Synaptics, Google collaborate on Edge AI - Synaptics (SYNA) announced that it is collaborating with Google (GOOGL) on Edge AI for the IoT to define the optimal implementation of multimodal processing for context-aware computing. The collaboration will integrate Google's MLIR-compliant ML core on the Synaptics Astra hardware with open-source software and tools.