Stockwinners Market Radar for July 12, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SHCR

Hot Stocks

20:44 EDT Jeffrey Arnold reports 12.2% stake in Sharecare - In a regulatory filing, Jeffery Arnold disclosed a 12.2% stake in Sharecare, representing 40,739,194 common shares. According to the filing, which allows for activism. Arnold serves as chairman and CEO of the company and may have influence over the company's corporate activities.
LBRDK...

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19:37 EDT GCI announces $150M partnership with Intelsat - Liberty Broadband's (LBRDA) GCI announced a $150M partnership with Intelsat (I). The partnership will expand GCI's geosynchronous satellite capacity to meet growing demand for communications services in rural communities across Alaska. The deal not only provides GCI continued access to C-band and Ku-band capacity, which is already part of GCI's satellite service portfolio, it also provides new access to statewide Ka-band capacity. "Today's announcement is another example of GCI's continued commitment to our rural customers and our willingness to make the investment necessary to serve small, remote communities across the state," said GCI CEO Ron Duncan. "Some people have expressed concern that Alaska is running out of GEO satellite capacity - well, that's no longer an issue. This deal will nearly quadruple our available capacity. GCI intends to remain the leader in connectivity in rural Alaska. The Intelsat partnership is part of a much broader rural connectivity strategy that includes our AU-Aleutians Fiber Project."
JHX

Hot Stocks

19:31 EDT James Hardie names Amy Lamparske global chief digital officer - James Hardie Industries announced the appointment of Amy Lamparske as Global Chief Digital Officer and Vice President of North America Marketing. Lamparske joins James Hardie after 20 years of experience, focused on marketing, digital, social media, e-commerce and communications at world class consumer products companies. Commenting on the appointment, James Hardie CEO, Dr. Jack Truong, said, "I am pleased to announce Amy's appointment as Chief Digital Officer. Amy brings a strong track record of best in class marketing and digital expertise. As discussed in our May 2021 Investor Day, marketing directly to the homeowner and global innovation are two of our key strategic initiatives for Fiscal Year 2022 and beyond. As we continue down our strategic path of accelerating demand creation with homeowners, as well as commercializing exciting innovations, and building a brand, the appointment of a proven digital and marketing leader is critical. Amy and her team will guide our focus on the consumer to drive demand creation and commercialize new innovations."
BIIB

Hot Stocks

19:04 EDT Biogen, Innocare announce license, collaboration agreement for orelabrutinib - Biogen and InnoCare Pharma announced that they have entered into a license and collaboration agreement for orelabrutinib, an oral small molecule Bruton's tyrosine kinase inhibitor for the potential treatment of multiple sclerosis. Orelabrutinib is a covalent BTKi with high selectivity and the ability to cross the blood-brain barrier, and is currently being studied in a multi-country, placebo-controlled Phase 2 trial in relapsing-remitting MS. Under the terms of the agreement, Biogen will have exclusive rights to orelabrutinib in the field of MS worldwide and certain autoimmune diseases outside of China (including Hong Kong, Macau and Taiwan), while InnoCare will retain exclusive worldwide rights to orelabrutinib in the field of oncology and certain autoimmune diseases in China (including Hong Kong, Macau and Taiwan). InnoCare will receive a $125M upfront payment and is eligible to receive up to $812.5M in potential development milestones and potential commercial payments should the collaboration achieve certain development, commercial milestones and sales thresholds. InnoCare is also eligible to receive tiered royalties in the low to high teens on potential future net sales of any product resulting from the collaboration. Closing of the collaboration is contingent on completion of review under antitrust laws, including the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in the U.S., and other customary closing conditions.
MDB

Hot Stocks

18:46 EDT MongoDB CEO: Atlas has been huge for our business - In an interview on CNBC's Mad Money, Dev Ittycheria said Atlas accounts for a majority of the company's revenue. It is growing 70% year over year. MongoDB is becoming the standard by which people build applications, he noted. It allows customers to innovate quickly and scale.
FRC

Hot Stocks

18:40 EDT First Republic Bank extends contract of CEO Jim Herbert - First Republic Bank announced that its Board of Directors has extended the contract of its Founder, Chairman and CEO Jim Herbert through December 31, 2022, following which he will serve as Executive Chairman. The Board has also entered into a contract with Hafize Gaye Erkan as Co-CEO, sharing Chief Executive responsibilities with and reporting to Herbert. Additionally, Erkan will continue to serve as President and a director on the Board.
TYHT

Hot Stocks

18:17 EDT Shineco board terminates Ou Yang as CEO - In a regulatory filing, Shineco said that, on July 7, 2021, its board of directors terminated Ou Yang as the Chief Executive Officer of the company, effective immediately. The company is currently in the process of selecting a new Chief Executive Officer, and will file a subsequent Current Report on Form 8-K when the selection is made.
CPA

Hot Stocks

18:07 EDT Copa Holdings reports preliminary June traffic down 45.6%, capacity down 41.4% - 78.9% load factor was down 6.2 percentage points.
FSLY

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18:02 EDT Fastly announces conversion of Class B common stock into Class A common stock - Fastly announced that all outstanding shares of its Class B common stock automatically converted into Class A common stock on a one-for-one basis, effective at 5:00 p.m. ET on July 12. The conversion had no effect on the economic rights of holders of shares of Class A common stock or Class B common stock, except for the elimination of the different voting powers of the two classes of stock. Fastly does not expect it to have any material effect on its future operations.
GTE

Hot Stocks

17:37 EDT Gran Tierra jumps almost 5% after restoring production, credit facility paydown - Shares of Gran Tierra are up almost 5% to 75c per share in after-market trading, following the company's statements regarding the restoration of production and credit facility paydown.
EGO

Hot Stocks

17:34 EDT Eldorado Gold reports Q2 preliminary production of 116,066 ounces of gold - Eldorado Gold is pleased to announce second quarter preliminary gold production of 116,066 ounces, in-line with the company's 2021 annual guidance of between 430,000-460,000 ounces of gold. Eldorado is forecasting full year 2021 depreciation expense to be $200M-$215M.
RTX

Hot Stocks

17:33 EDT Raytheon Technologies awarded $320.67M Army contract - Raytheon was awarded a $320.67M firm-fixed-price contract for Stinger missile production. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of June 30, 2026. U.S. Army Contracting Command is the contracting activity.
GTE

Hot Stocks

17:28 EDT Gran Tierra restores production and pays down credit facility by $5M - Gran Tierra Energy announced an operations and financial update and updated 2021 guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties basis and are expressed in barrels ("bbl") of oil per day , unless otherwise stated .End of Colombian Blockades Affecting Gran Tierra: As previously announced by Gran Tierra on May 17, 2021, a number of protests and blockades across Colombia impacted several key transportation routes throughout the country, resulting in the temporary shut-in of some of Gran Tierra's wells and oil fields...Gran Tierra's actual second quarter 2021 total production averaged approximately 23,400 BOPD, down about 4% from first quarter average production of 24,463 BOPD...Gran Tierra forecasts second half 2021 total production to average approximately 30,000-32,000 BOPD...Despite the reduction in second quarter 2021 production, as of June 30, Gran Tierra had paid down its credit facility balance by $5M, relative to March 31, 2021to $175M and had a cash balance of $19M
MSEX LMNX

Hot Stocks

17:17 EDT Middlesex Water to replace Luminex in S&P 600 at open on 7/15 - DiaSorin S.p.A. is acquiring Luminex in a deal expected to be completed soon pending final closing conditions.
COST

Hot Stocks

17:16 EDT Costco VP Roland Vachris sells over $1.6M in company shares - Costco VP Roland Vachris disclosed in a filing that he had sold 4,000 shares of company stock at $409.40 per share on July 12 for a total transaction amount of $1,637,611.
COST

Hot Stocks

17:15 EDT Costco VP Roland Vachris sells over $1.6M in company shares - Costco VP Roland Vachris disclosed in a filing that he had sold 4,000 shares of company stock at $409.40 per share on July 12 for a total transaction amount of $1,637,611.
LCY

Hot Stocks

17:13 EDT Landcadia Holdings III: No stockholder redemptions in connection with Hillman - Landcadia Holdings III announced that there were no stockholder redemptions of public shares in connection with Landcadia III's proposed business combination with HMAN Group Holdings, the parent company of The Hillman Group. To date, stockholders who have voted, have overwhelmingly voted in support of the Business Combination and the other proposals to be voted on at the special meeting of Landcadia III's stockholders scheduled to be held on July 13 at 10:00 a.m., Eastern time, and constitute a quorum for the special meeting. Accordingly, it is anticipated that the Business Combination will be approved at the special meeting.
JNJ

Hot Stocks

17:05 EDT FDA updates J&J's COVID vaccine EUA fact sheet with Guillain-Barre info - According to a letter from the FDA, the agency released updates to the EUA Fact Sheet for Healthcare Providers Administering Vaccine for Janssen's COVID-19 vaccine to include new information, changes and clarifications. A new subsection discussing Guillain-Barre Syndrome now includes the following information was added: Reports of adverse events following use of the Janssen COVID-19 Vaccine under emergency use authorization suggest an increased risk of Guillain-Barre syndrome during the 42 days following vaccination. Guillain Barre syndrome, a neurological disorder in which the body's immune system damages nerve cells, causing muscle weakness and sometimes paralysis, has occurred in some people who have received the Janssen COVID-19 vaccine, the FDA said. In most of these people, symptoms began within 42 days following receipt of the Janssen COVID-19 vaccine. The chance of having this occur is very low. Reference Link
BEN

Hot Stocks

17:01 EDT Franklin Resources reports preliminary AUM $1.552T as of June 30 - Franklin Resources reported preliminary month-end assets under management of $1.552T at June 30, compared to $1.543T at May 31. This month's increase in AUM primarily reflected the positive impact of markets, partially offset by long-term net outflows, inclusive of two equity redemptions (a $3.7B sub-advised mutual fund outflow and a $2.2B institutional redemption that had minimal impact on revenue). Fixed Income flows included approximately $400M of outflows from the non-management-fee-earning India credit funds that are in the process of liquidation.
MNR

Hot Stocks

16:49 EDT Monmouth Real Estate receives unsolicited acquisition proposal from private firm - Monmouth Real Estate announced that it received an unsolicited acquisition proposal from a large private investment firm primarily focused on global real estate that participated in the strategic alternatives review process undertaken by Monmouth's Board of Directors earlier this year and made a proposal to acquire Monmouth as part of that process. Under the terms of its new proposal, the investment firm is proposing to acquire 100% of the outstanding equity of Monmouth for net cash consideration of approximately $18.70 per share of Monmouth Common Stock, reflecting a stated per share purchase price of $19.51 per share, reduced by (i) the termination fee payable by Monmouth to Equity Commonwealth, or EQC, of approximately $62.2M, or 63c per share, if Monmouth terminates the merger agreement it previously entered into with EQC in accordance with its terms to accept the new proposal and (ii) the 18c per share dividend on Monmouth's common stock previously declared by Monmouth's Board of Directors on July 1, and payable on or about September 15. On July 12, Monmouth's common shares closed at $19.00 per share. The new unsolicited proposal was accompanied by executed commitment letters from a global commercial bank with respect to the investment firm's contemplated debt financing and an equity bridge, as well as a proposed form of merger agreement. The new proposal states that the investment firm has obtained all necessary internal approvals and has completed its due diligence. On May 4, Monmouth announced that it had entered into a definitive merger agreement with EQC, pursuant to which EQC agreed to acquire Monmouth in an all-stock transaction, valued at approximately $3.4B, including the assumption of debt. The combined company is expected to have a pro forma equity market capitalization of approximately $5.5B. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, Monmouth's Board of Directors is evaluating the new unsolicited proposal and has not made any determination as to what action to take in response to the proposal. Monmouth's Board of Directors intends to respond to the proposal in due course and remains committed to acting in the best interests of the company and its shareholders.
JNPR

Hot Stocks

16:41 EDT Juniper names Manoj Leelanivas COO - According to a regulatory filing, on July 6, 20221, Manoj Leelanivas was appointed as Executive Vice President, Chief Operating Officer of Juniper Networks, Inc. Leelanivas has served as the company's Executive Vice President, Chief Product Officer since March 2018. There is no arrangement or understanding between Leelanivas and any other person pursuant to which he was appointed as Executive Vice President, Chief Operating Officer.
UXIN NIO

Hot Stocks

16:39 EDT Uxin names Nio CEO to its board of directors - Uxin (UXIN) announced changes to its board of directors pursuant to the arrangements stipulated in the agreements. William Bin Li and Erhai Liu have been appointed as directors of the Board, and Cheng Lu and Zhuang Yang have been appointed as independent directors of the Board, effective on July 12, 2021. Concurrently, Cheng Cheung Lun Julian, Qiang Chang Sun, Lin Cong, Muyuan Wang, Shun Lam Steven Tang and Yong Zhong Huang have resigned from their positions on the board. Shun Lam Steven Tang and Yong Zhong Huang have also stepped down as members of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board, effective on July 12, 2021. William Bin Li is the founder of NIO (NIO) and has been Chairman of the Board since NIO was established, and its Chief Executive Officer since March 2018.
PLXP WMT

Hot Stocks

16:33 EDT PLx Pharma announces Vazalore to be available in 4,500 Walmart stores in August - PLx Pharma (PLXP) announced that three stock-keeping units, or SKUs, of Vazalore, the first and only FDA approved liquid-filled aspirin capsules, will be available in over 4,500 Walmart (WMT) stores across the United States in mid-August. The three SKUs include: Vazalore 81 mg, 12 count; Vazalore 81 mg, 30 count and Vazalore 325 mg, 30 count. Walmart, one of the largest retailers in the world, has already inserted placeholders to reserve space on shelves and alert customers that Vazalore is coming soon.
AMPY

Hot Stocks

16:31 EDT Amplify Energy regains compliance with NYSE continued listing standards - Amplify Energy announced that on July 8, 2021, the company received notice from the New York Stock Exchange that it had regained compliance with the continued listing standards set forth in Item 802.01B of the NYSE Listed Company Manual. As previously disclosed, on September 4, 2020, Amplify received notice from the NYSE that the company was not in compliance with NYSE listing standard 802.01B because at such time the company's average global market capitalization over a consecutive 30 trading-day period was less than $50M and, at the same time, its shareholders' equity was less than $50M. In addition, on June 22, 2021, the company received full forgiveness from the U.S. Small Business Administration of its entire loan under the Paycheck Protection Program, established as part of the Coronavirus Aid, Relief, and Economic Security Act. The forgiveness of the loan extinguishes approximately $5.5M of debt from the company's balance sheet. As of June 30, 2021, Amplify had net debt of approximately $216M, with $235M outstanding under the revolving credit facility and $19M of cash on hand.
FTI

Hot Stocks

16:30 EDT TechnipFMC partners with EDP, others to develop green hydrogen concept study - EDP, TechnipFMC and other research partners are joining forces to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power, called the BEHYOND project. The study will include integration of equipment for the production and conditioning of green hydrogen and infrastructure that allows for its transportation to the coast. The goal is to create a unique concept that can be standardized and implemented worldwide, allowing for large-scale hydrogen production. The joint development will allow the consortium partners to position themselves in the hydrogen value chain, developing new business models and creating engineering solutions, new products and services for the hydrogen sector, worldwide. The companies said this consortium will strengthen cooperation between Portugal and Norway and increase Portugal's competitiveness in the growth of the "blue economy." EDP, through the participation of EDP NEW and EDP Inovacao, is the project coordinator and the entity responsible for the implementation of several phases, namely the strategic evaluation of the offshore wind-to-hydrogen market, the definition of viable business cases and the technology roadmap to reach commercial maturity.
IVZ

Hot Stocks

16:26 EDT Invesco reports preliminary AUM $1.525T as of June 30 - Invesco reported preliminary month-end assets under management of $1.525T, an increase of 1.3% versus previous month-end. Total net inflows were $8.3B. The firm achieved net long-term inflows of $1.9B this month.
AB

Hot Stocks

16:21 EDT AllianceBernstein reports AUM of $738B as of June 30, 2021 - AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced that preliminary assets under management increased to $738B during June 2021 from $731B at the end of May. Market appreciation and firm inflows, net of a $1.4B net outflow associated with the close of Equitable's legacy variable annuity reinsurance transaction with Venerable Holdings, Inc., drove the 1% increase. Excluding the impact of this transaction, which is expected to be revenue accretive due to the fee mix of affected assets, net inflows to Retail and Private Wealth were partially offset by net outflows from Institutions. There were no outflows resulting from AXA S.A's ongoing redemption of certain low-fee fixed income mandates; these AXA S.A. redemptions, which began in the first quarter of 2020, are now essentially complete.
APAM

Hot Stocks

16:19 EDT Artisan Partners reports AUM $175.2B as of June 30 - Separate accounts accounted for $89.5B of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $85.7B.
MSB CLF

Hot Stocks

16:18 EDT Mesabi Trust raised quarterly distribution to 9c per share from 5c - The Trustees of Mesabi Trust (MSB) declared a distribution of 9c per Unit of Beneficial Interest payable on August 20, 2021 to Mesabi Trust Unitholders of record at the close of business on July 30, 2021. This compares to a distribution of five cents 5c per Unit for the same period last year. The 4c per Unit increase in the current distribution, as compared to the distribution announced by the Trust at the same time last year, is primarily attributable to the Trust's receipt of total royalty payments of $ 6,340,032 on April 30, 2021 from Cleveland-Cliffs (CLF).
CNS

Hot Stocks

16:16 EDT Cohen & Steers reports preliminary AUM $96.2B as of June 30 - An increase of $2B from assets under management at May 31. The increase was due to net inflows of $1B and market appreciation of $1.4B, partially offset by distributions of $366M.
FTV

Hot Stocks

16:15 EDT Fortive to acquire ServiceChannel for roughly $1.2B - Fortive Corporation announced that it has entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChannel, a global provider of SaaS-based multi-site facilities maintenance service solutions with an integrated service-provider network. The acquisition will be subject to customary closing conditions, including regulatory approvals, and will be financed primarily with available cash. Fortive anticipates that the acquisition will close in the third quarter of 2021. Fortive expects ServiceChannel to generate approximately $125B of revenue in 2021. The purchase price for the acquisition is approximately $1.2B and is expected to be funded primarily with available cash. Upon closing, ServiceChannel is expected to be an independent operating company within Fortive's Intelligent Operating Solutions segment.
IAC

Hot Stocks

16:14 EDT IAC reports June Angi Inc. total revenue up 7% from last year - As part of its June monthly metrics disclosure, IAC also reports Dotdash revenue up 59%, and its Search business revenue up 32% from last year. Emerging & Other revenue was up 40% from last year. Reference Link
SNCR RILY

Hot Stocks

16:11 EDT Synchronoss appoints Martin Bernstein to board - Synchronoss Technologies (SNCR) announces that Martin Bernstein has joined its Board of Directors, effective immediately. Bernstein was appointed to the Board in connection with the recent recapitalization of Synchronoss, and serves as a representative of B. Riley Financial (RILY), the company's largest shareholder. "On behalf of our entire Board, I am pleased to welcome Marty to our team," said Stephen Waldis, Founder and Executive Chairman of the Synchronoss Board of Directors. "Marty's extensive experience in capital allocation strategies, corporate governance and financing will serve our organization well. I have no doubt that his impressive knowledge and extraordinary track record will not only benefit our already strong board, but I fully expect his impact will be key to helping Synchronoss achieve its strategic growth objectives."
INSE MGM

Hot Stocks

16:10 EDT Inspired Entertainment launches V-Play Plug & Play solution - Inspired Entertainment announced that it has launched its V-Play Plug & Play solution, a complete end-to-end online and mobile virtual sports offering, on BetMGM Casino, Borgata Casino, and Party Casino in New Jersey. As BetMGM strengthens its player-first experiences, its players in other states can also expect access to these Inspired offerings in the future.
JNJ

Hot Stocks

16:09 EDT J&J says in talks with FDA about rare cases of Guillain-Barre after vaccination - Johnson & Johnson issued the following statement on its COVID-19 vaccine: "The safety and well-being of the people who use our products is our number one priority. We have been in discussions with the U.S. Food and Drug Administration and other regulators about rare cases of the neurological disorder, Guillain-Barre syndrome, that have been reported following vaccination with the Janssen COVID-19 vaccine. The chance of having this occur is very low, and the rate of reported cases exceeds the background rate by a small degree. Any adverse event report about individuals receiving Johnson & Johnson's single-shot COVID-19 vaccine, as well as our own assessment of the report, is shared with the U.S. Food and Drug Administration, the European Medicines Agency and other appropriate health authorities. We strongly support raising awareness of the signs and symptoms of rare events to ensure they can be quickly identified and effectively treated. Evidence has demonstrated that Johnson & Johnson's single-shot COVID-19 vaccine offers protection against COVID-19 disease and prevents hospitalization and death, including in countries where viral variants are highly prevalent. A single-shot vaccine that provides this level of protection represents an important tool in the global fight against COVID-19, as we strive to help end this deadly pandemic." Reference Link
ARDS

Hot Stocks

16:08 EDT Aridis Pharmaceuticals: COVID mAb AR-712 neutralizes SARS-CoV-2 Delta variant - Aridis Pharmaceuticals announced that its COVID-19 mAb cocktail AR-712 binds and neutralizes the Delta variant virus SARS-CoV-2 at a highly effective level (~20ng/mL). Binding analyses project that AR-712 will be effective against all variants on the U.S. Centers for Disease Control's Variants of Interest and Variants of Concern lists. The dual antibody cocktail will be delivered as an inhaled treatment and is expected to provide broad coverage of all known high-risk variants. In addition, Aridis is pleased to announce the preclinical development services support from NIAID provided further demonstration of strong therapeutic efficacy of inhaled delivery in a SARS-CoV-2 hamster challenge model. This achieved reversal of disease in infected animals at an inhaled dose of 1mg/kg, equivalent to a 10mg dose in humans from a nebulizer. These results confirmed the company's efficacy studies showing highly efficient dosing by inhalation. For reference purposes, the dose of commercially available COVID antibody therapies is currently in the range of 500mg to 1,200mg. AR-712 is being developed as a self-administered, at-home inhaled treatment for COVID-19 patients who are not yet hospitalized. The product candidate is designed to substantially lower the barrier to treatment of COVID-19 patients and encourage treatment much earlier in the course of their disease within the patients' own homes. The company remains on track to finalize the Phase 1/2/3 design for this program and initiate the clinical study in 2H 2021.
EQ

Hot Stocks

16:08 EDT Equillium to begin Phase 3 of itolizumab to treat severe autoimmune diseases - Equillium announced the completion of an End-of-Phase 1 meeting with the U.S. Food and Drug Administration, FDA, for itolizumab in first-line treatment of patients with acute graft-versus-host disease aGVHD. The meeting confirmed a path to advance itolizumab into a single Phase 3 pivotal study to support the Biologics License Application BLA filing for itolizumab in first-line treatment of aGVHD patients. The company plans to initiate the Phase 3 study in Q4. "Following the positive outcome of our meeting with the FDA, we will immediately advance to a pivotal clinical study, moving one step closer to developing the first approved therapy to treat aGVHD patients in the first-line setting," said Dolca Thomas, executive vice president of research and development and chief medical officer of Equillium. "This extremely ill patient population is significantly underserved by today's standard of care - high-dose corticosteroids. Our EQUATE Phase 1b study demonstrated rapid and durable complete clinical responses and a swift reduction in systemic corticosteroid use that are critical for positive longer-term patient outcomes. Itolizumab has received FDA fast track and orphan drug designations for the treatment of aGVHD, and with this feedback from the FDA we are immediately transitioning to late-stage development and look forward to collecting the data needed to support a BLA filing." The meeting provided guidance from the FDA on the pivotal study design, as well as advice on chemistry, manufacturing and controls CMC, nonclinical and regulatory-related topics to support Equillium's proposed single pivotal clinical study and BLA submission of itolizumab for the first-line treatment of aGVHD in combination with corticosteroids. The randomized double-blinded pivotal study will evaluate one dosing regimen of itolizumab versus standard of care and will include complete response at Day 29 as the primary endpoint, with an interim evaluation for futility and efficacy at 50% patient enrollment. Equillium is finalizing details of the Phase 3 protocol based on feedback and guidance from the FDA.
VRTS

Hot Stocks

16:06 EDT Virtus Investment reports preliminary total AUM $178.6B as of June 30 - Virtus Investment Partners reported preliminary total assets under management as of June 30 of $178.6B. The increase in AUM from March 31 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, institutional accounts, and exchange traded funds. In addition, the company provided services to $3.8B of other fee-earning assets that are not included in assets under management.
PLAN

Hot Stocks

16:05 EDT Anaplan names Vikas Mehta CFO - Anaplan announced that Vikas Mehta has joined its executive team as Chief Financial Officer effective July 19. "We are excited to welcome a progressive financial executive of Vikas' caliber to the Anaplan team," said Frank Calderoni, Chairman and CEO of Anaplan. "I look forward to him working closely with everyone at Anaplan to continue to realize our growth strategy." Prior to joining Anaplan, Vikas held multiple leadership roles at Microsoft in their commercial business, cloud computing and digital transformation efforts specifically with sales strategy, business development, and finance.
VOXX

Hot Stocks

16:04 EDT Voxx CEO says 'strong top-line growth' in all business segments - Commenting on the company's Fiscal 2022 first quarter results and business momentum, Pat Lavelle, President and CEO stated, "We reported strong top-line growth with all of our business segments up year-over-year. We also generated positive net income and Adjusted EBITDA compared to losses in last year's fiscal first quarter, up $11.0 million and $11.5 million, respectively. This was in spite of higher supply chain expenses given industry-wide shortages and delays. We expect higher supply chain costs and shipping delays to impact the fiscal second quarter, and we still anticipate growth, but less than initially anticipated. We instituted price increases to offset the cost of doing business and we will start to realize the positive impact in our fiscal 2022 second quarter, and more so in the second half of the year. We believe we've taken the right steps to ensure we have the inventory on hand to meet customer demand in our all-important fiscal third quarter and our positive outlook for the second half of the year has not changed."
GATO

Hot Stocks

16:00 EDT Gatos Silver to retire Los Gatos JV term loan - Gatos silver announced it has reached a definitive agreement with Dowa Metals & Mining Co., Ltd. to retire the outstanding Los Gatos Joint Venture Term Loan. Gatos Silver's attributable portion of the Term Loan and related fees is approximately $154.8M. The Term Loan retirement is expected to close soon. Stephen Orr, the company's Chief Executive Officer, stated, "The successful completion of this definitive agreement is a significant value-catalyst and deleveraging event for the LGJV. This agreement also reaffirms our commitment to creating value for our Gatos Silver stakeholders while continuing to position Gatos Silver as the prominent "go-to" company for silver exposure. We are grateful for Dowa's ongoing support to the LGJV and look forward to continuing our accretive relationship."
GSKY

Hot Stocks

15:58 EDT GreenSky resolves consumer complaints with CFPB, civil penalty $2.5M - GreenSky announced that it has entered into an agreement with the Consumer Financial Protection Bureau to resolve the previously-disclosed inquiry related to consumer complaints about certain allegedly unauthorized loans. Without admitting any liability or wrongdoing, GreenSky has agreed to pay a civil money penalty of $2.5M and to provide redress to eligible consumers where there is insufficient evidence of customer authorization that will be capped at $3M in cash redress and capped at $6B in credit redress via loan cancellations. As of June 30, the company was fully reserved with respect to this matter, it added. GreenSky President Tim Kaliban said: "We are exceedingly proud of our record of consumer advocacy and have already implemented many of the protocols and business practices called for by the agreement, which protocols and practices have been very well received by our merchants and will only serve to enhance our best-in-class merchant and consumer experience. The resolution of this matter also allows us to devote our full and undivided attention to growing and strengthening our business, which is built on a foundation of integrity and trust. We cooperated fully with the CFPB in connection with its inquiry and respect and value the important role it plays in regard to consumer protection."
CZR

Hot Stocks

15:46 EDT Caesars, Prophet partner to launch sports betting exchange in New Jersey - Prophet, a New Jersey-based sports betting exchange founded in 2018 by Dean Sisun, CEO and Jake Benzaquen, COO, has announced a multi-year market access agreement with Caesars. The agreement with Caesars will see Prophet launch its peer-to-peer sports betting exchange, betprophet.co, initially in New Jersey for the 2021 NFL and college football season, and Indiana in 2022, before future rollouts to additional U.S. states. Prophet will offer its services on web, iOS, Android and via their public API. Prophet was formerly licensed in the UK and operated out of London. Prophet has brought their team and technology stateside in an effort to tackle the U.S. market, which is concentrated on sportsbooks. The company said, "Prophet's exchange technology has many benefits for players over traditional sportsbooks as it allows users to bet spread and totals at even (+100) odds rather than traditional -110 odds, and benefit from lower vig on moneyline markets, all with no limits. Prophet also allows its users the ability to market-make with public API access, should they wish to trade more quickly and in bulk."
KR

Hot Stocks

15:15 EDT Kroger Atlanta, Savannah associates ratify new agreements with UFCW Local 1996 - Kroger's Atlanta division and members of the United Food and Commercial Workers Union Local 1996 in Atlanta and Savannah ratified new labor agreements on July 7 and July 8. The Kroger Atlanta division is investing over $300 million in wage increases across four years in these agreements with its associates in Atlanta and Savannah. The UFCW Local 1996 agreements cover over 22,000 associates working at 170 stores in Greater Atlanta and Savannah.
AMZN

Hot Stocks

14:55 EDT Senator Warren urges DOJ, FTC to review her investigation of Amazon - Massachusetts Senator Elizabeth Warren tweeted: "Finding FDA-authorized masks on Amazon is a mess, and Amazon seems to be actively misleading customers. @TheJusticeDept & @FTC need to review my investigation & the new information from Amazon and use their authority to protect consumers and public health." Reference Link
LVMUY DVDCF

Hot Stocks

14:42 EDT Moet Hennessy, Campari announce JV to create Wines & Spirits e-commerce player - Moet Hennessy and Campari Group (DVDCF) have announced the formation of a 50/50 joint venture with the purpose of investing in Wines & Spirits e-commerce companies and build a European e-commerce pure player in "this growing category," the companies said. As part of this partnership, Campari will be contributing its stake in Tannico to the JV. Tannico focuses on online sales of wines and premium spirits under the Tannico brand with a share of around 30% of this segment. Tannico also owns a majority stake in Ventealapropriete.com, an e-commerce platform for the sale of premium wines and spirits in France. Tannico and Ventealapropriete.com have complementary business models, territories and capabilities in terms of technology, marketing and logistics and generated pro-forma aggregated sales of over EUR 70M in 2020. According to the companies, "The joint venture between Campari and Moet Hennessy aims at building a premium pan-European e-commerce player for the benefit of all wine and spirits brands and their European consumers. The combined business will be led by a management team led by Marco Magnocavallo, current CEO of Tannico, who remains a key minority shareholder in the business. Moet Hennessy is the Wines and Spirits Division of LVMH (LVMUY).
CIVB

Hot Stocks

14:11 EDT Civista Bancshares boosts quarterly dividend by 17% to 14c - Civista Bancshares announced Friday that its board approved a quarterly dividend of 14c per common share to shareholders of record July 20, payable August 2. The dividend represents a 17% increase from the prior rate of 12c per share.
HEMP

Hot Stocks

13:42 EDT Hemp, Inc. names James Hanock as new president, replacing Craig Perlowin - Hemp, Inc. announced that it has appointed James Hancock as the president of the company. Hancock replaced Craig Perlowin who resigned from Hemp, Inc. in order to spend more time with his family and focus on other interests outside the hemp industry.
UBSFY

Hot Stocks

12:51 EDT Ubisoft sees 'inappropriate behavior' by staff posing risks to talent retention - According to a recently released Universal Registration Document from Ubisoft, the French game maker said that an "occurence of inappropriate behavior by employees" poses a risk to its retention of talent, as well as its "efficiency" in game development and its overall reputation. "Faced with the inappropriate behavior of several employees, the Ubisoft group has undertaken structural changes in line with its values, which do not tolerate any toxic behavior whatsoever," the company said. Ubisoft noted that the initiatives carried out include: the introduction of mandatory training on harassment and sexism for each team member and, more generally, the annual signing of the code of conduct; regular communication of information by e-mail and on the Group 's intranet to discuss these issues and raise team member awareness; extension of the Group 's secure and anonymous whistleblowing platform to collect reports of inappropriate behavior. The allegations thus raised are received and treated by independent external consultants with all the necessary rigor. Recommendations are issued and may lead to appropriate disciplinary measures. Additional investigations may be launched. Other reporting channels are also available to team members; the inclusion - starting in the 2022 financial year - of a qualitative criterion related to exemplary behavior in the variable portion of team member compensation, in order to increase their responsibility for their behavior; the creation of the position of VP Global Diversity and Inclusion to promote diversity, equity and inclusion within Ubisoft; the recruitment of a new Chief People Officer to restructure and strengthen the HR positions. Reference Link
OTGLY...

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12:46 EDT CD Projekt's 'Cyberpunk 2077' tops PS4 digital downloads in June - Sony (SONY) announced that the top selling digital PlayStation 5 game for the month of June was "Ratchet & Clank: Rift Apart" in both the U.S./Canada and Europe. Other top sellers in the U.S. and Canada included "Marvel's Spider-Man: Miles Morales," Tripwire's "Chivalry 2," and Bandai Namco's "Guilty Gear Strive," while other top sellers in Europe included EA's (EA) "FIFA 21" and "It Takes Two." Meanwhile, the game that had the most downloads for the PlayStation 4 in the U.S., Canada, and Europe in June was CD Projekt's "Cyberpunk 2077," which had previously been removed from the PlayStation Store but was reinstated late last month. Reference Link
DUK

Hot Stocks

12:23 EDT Duke Energy boosts quarterly dividend to 98.5c from 96.5c - Duke Energy declared a quarterly cash dividend on its common stock of 98.5c, an increase of 2c per share. This dividend is payable on Sept. 16, to shareholders of record at the close of business Aug. 13.
TUP

Hot Stocks

12:16 EDT Bill Miller reports 5.13% stake in Tupperware Brands - Bill Miller's Miller Value Partners disclosed a 5.13% stake in Tupperware Brands, which represents over 2.5M shares. The filing with the SEC does not allow for activism.
SBGI LAUR

Hot Stocks

12:09 EDT Sinclair Broadcast appoints John McClure as VP, CISO - Sinclair Broadcast Group (SBGI) announced that John McClure has been named Vice President and Chief Information Security Officer. In this newly created role, Mr. McClure will lead the company's information security program across all business functions. Additionally, Mr. McClure will define and be responsible for creating and executing Sinclair's security vision, strategy, and operating model across its entire portfolio. Mr. McClure will work closely with Sinclair's leadership and business leaders to allow for Sinclair to continue its rapid growth and innovation in the media field while protecting and managing risk to Sinclair's systems and networks. He will report into Brian Bark, SVP Chief Information Officer of Sinclair. Prior to Sinclair, he spent almost 6 years building and leading the information security program at Laureate Education (LAUR). In Mr. McClure's last position, he served as Laureate's Global Chief Information Security Officer
DDD

Hot Stocks

12:00 EDT 3D Systems falls -8.1% - 3D Systems is down -8.1%, or -$2.78 to $31.63.
SPCE

Hot Stocks

12:00 EDT Virgin Galactic falls -12.7% - Virgin Galactic is down -12.7%, or -$6.24 to $42.96.
BTCM

Hot Stocks

12:00 EDT BIT Mining Limited falls -16.4% - BIT Mining Limited is down -16.4%, or -$1.12 to $5.69.
LAC

Hot Stocks

12:00 EDT Lithium Americas rises 9.6% - Lithium Americas is up 9.6%, or $1.39 to $15.74.
VRS

Hot Stocks

12:00 EDT Verso rises 10.1% - Verso is up 10.1%, or $1.74 to $18.99.
TUFN

Hot Stocks

12:00 EDT Tufin rises 30.1% - Tufin is up 30.1%, or $2.88 to $12.44.
SUNL...

Hot Stocks

11:37 EDT Sunlight Financial, Spartan Acquisition Corp. II complete business combination - Tiger Infrastructure announced that Sunlight Financial, a technology-enabled point-of-sale financing company, completed its previously-announced business combination with Spartan Acquisition Corp. II (SPRQ), a publicly-traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management (APO). The combined company is named Sunlight Financial Holdings Inc. and on July 12 its common stock began trading on the New York Stock Exchange under the ticker symbol "SUNL". Sunlight Financial will be the new public holding company's sole operating subsidiary and Sunlight's existing management team will continue to lead the business. Tiger Infrastructure, Sunlight's original institutional shareholder, said: "At the time of Tiger's investment, Sunlight had one channel partner. Today, Sunlight has over 1,000 channel partners through which it has enabled over 100,000 solar energy systems by providing over $4B in loans. Tiger Infrastructure remains the largest investor following the merger."
JBLU

Hot Stocks

11:36 EDT JetBlue expands use of sustainable aviation fuel at LAX - JetBlue has entered into a new relationship with World Energy and World Fuel Services for sustainable aviation fuel at Los Angeles International Airport. JetBlue's LAX flights using SAF started this month. This increase in the airline's usage of SAF includes 1.5M gallons of blended SAF a year for at least three years, accounting for approximately five percent of JetBlue's LAX fuel. This is the latest step for JetBlue as the airline works to achieve its ambitious and comprehensive environmental social governance targets, including a goal of net-zero carbon emissions by 2040.
QGEN

Hot Stocks

11:33 EDT Qiagen down 1% after updating outlook, announcing share buyback plans - Shares of Qiagen are down 61c, or 1%, to $49.91 after resuming trading.
SDVKY

Hot Stocks

11:32 EDT Sandvik to acquire metrology and automation company DWFritz Automation - Sandvik has signed an agreement to acquire US based DWFritz Automation, a global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing. DWFritz Automation designs, builds and supports engineer-to-order high-speed, non-contact metrology solutions and automation systems. The company will be reported in the Metrology division, within business area Sandvik Manufacturing and Machining Solutions. "This is in line with our strategic focus to grow organically and through acquisitions in the advanced manufacturing space, with special focus on industrial software, industrial metrology- and additive manufacturing solutions," says Stefan Widing, President and CEO of Sandvik. The impact on Sandvik's earnings per share will initially be neutral. The parties have agreed not to disclose the purchase price. The transaction is expected to close during the second half of 2021, subject to customary regulatory approvals.
QGEN

Hot Stocks

11:31 EDT Qiagen trading resumes
AVGO

Hot Stocks

11:30 EDT Broadcom falls 5% to $475 after WSJ says in talks to buy SAS
NRXP

Hot Stocks

11:22 EDT NRx Pharmaceuticals announces partnership with Israel's IIBR - NRx Pharmaceuticals announced that it has signed a Memorandum Of Understanding with the Government of Israel to license exclusive worldwide development, manufacturing, and marketing rights to a novel Coronavirus vaccine developed by the Israel Institute for Biological Research. The BriLife vaccine is based on a previous, FDA-approved vaccine platform that was further optimized by IIBR and targeted towards COVID-19. The initiative will be led by NRx Chairman and CEO Jonathan Javitt, together with NRx Director Chaim Hurvitz, who chairs CH Health, an Israeli Private Equity group. "We at NRx are honored to have been selected by the Government of Israel to carry forward this life-saving mission," said Hurvitz. As the first generation COVID vaccines are increasingly challenged by rapid mutation of the Coronavirus, we aim to develop a vaccine that can rapidly scale at low cost to serve the needs of both the developed and the developing world."
BA

Hot Stocks

11:19 EDT Boeing announces 12 additional 737-800 orders from BBAM - Boeing and BBAM Limited Partnership announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM's 737-800BCF orders and commitments to 31, Boeing said in a statement. BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales, a Costa Rica-based maintenance, repair and overhaul provider, it added. In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers, according to Boeing.
QGEN

Hot Stocks

11:15 EDT Qiagen announces share repurchase program up to $100M - Qiagen announces that its managing board passed a resolution to exercise the authorization granted by the meeting of shareholders, to purchase shares in the company up to a total of $100M. Based on the closing price on July 9, this represents a repurchase volume of approximately 2M shares. The repurchase program is scheduled to be completed on December 29, 2022, at the latest.
MSFT

Hot Stocks

11:12 EDT Microsoft acquires RiskIQ, terms not disclosed - Microsoft announced that it entered into a definitive agreement to acquire RiskIQ, a threat intelligence and attack surface manager. "RiskIQ helps customers discover and assess the security of their entire enterprise attack surface-in the Microsoft cloud, AWS, other clouds, on-premises, and from their supply chain. With more than a decade of experience scanning and analyzing the internet, RiskIQ can help enterprises identify and remediate vulnerable assets before an attacker can capitalize on them," Microsoft said in a statement. Reference Link
RYAAY

Hot Stocks

11:12 EDT Ryanair aims to hire 2,000 new pilots over next three years - Ryanair announced a recruitment drive for 2,000 new pilots to crew aircraft deliveries over the next 3 years as Ryanair recovers and rebuilds from the Covid-19 pandemic. Ryanair has now taken delivery of its first Boeing 737-8200 Gamechanger aircraft, which help Ryanair lower costs, cut fuel consumption and lower noise and CO2 emissions. As part of Ryanair's career development initiatives, most Captain vacancies created by these new aircraft deliveries will be filled by internal promotions which creates opportunities for replacement First Officers, and ultimately new cadet pilots who can kickstart their pilot career with Ryanair so they can grow into the next generation of Ryanair's First Officers and Captains. Training courses take place through 2021 to be ready for Summer 2022 for positions all over Europe. Ryanair has partnered with Airline Flight Academy in Dublin to deliver Boeing 737 Training Courses as part of this recruitment drive. Reference Link
QGEN

Hot Stocks

11:05 EDT Qiagen trading halted, news pending
NUS

Hot Stocks

10:35 EDT Grov Technologies signs agreement with Superior Farms for 10 Olympus Tower Farms - Grundefinedv Technologies announced a definitive agreement with California-based Superior Farms for the purchase of 10 Olympus Tower Farms that will produce fresh year-round feed for Superior's upcoming Sheep Discovery Center in Central Utah. Grundefinedv is part of Superior Farms' efforts to dramatically improve the sustainability and growth of U.S. lamb production. The ten Olympus Tower Farms will produce 60,000 pounds of Grundefinedv's fresh High-Density Nutrient Superfeed wheatgrass a day using less than 5% of the water needed for field-grown fodder, without the use of pesticides or herbicides.
MRNA

Hot Stocks

10:15 EDT Moderna to study Covid vaccine outcomes in pregnant women - Moderna, on ClinicalTrials.gov, posted a study to evaluate the outcomes of pregnancy in females exposed to its Covid-19 vaccine during pregnancy. The company is targeting 1,000 participants with an estimated study completion date of January 6, 2024. Reference Link
SEED

Hot Stocks

10:15 EDT Origin Agritech reports rights agreement for drought resistant GMO trait - Origin Agritech announced that it has entered into an exclusive rights agreement with Biology Research Institute of Chinese Academy of Agricultural Sciences for its drought resistant GMO trait. "The licensing agreement gives Origin exclusive global rights to the GMO trait for the full term of the patent. The drought-tolerant corn has been approved for production trials from China's Ministry of Agriculture and Rural Affairs, the fourth stage in the five stage process to receive its bio-safety certificate. Furthermore, Origin has already successfully converted its elite corn hybrids into drought resistant traits," the company stated.
ERJ

Hot Stocks

10:11 EDT Embraer announces Porter Airlines orders up to 80 E195-E2s - Porter Airlines has unveiled plans to extend its service to destinations throughout North America with a firm order for 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, Embraer announced. "The deal will be included in Embraer's second quarter backlog, and is worth $5.82B, at list price with all options exercised. First revealed in May 2021, this announcement adds the purchase rights and the customer name, which had been undisclosed," the company stated. Reference Link
AAPL

Hot Stocks

10:09 EDT Apple: Some users may be unable to access iCloud mail - Apple said in an update on its service page that some users may be unable to access iCloud mail. Reference Link
BBTVF

Hot Stocks

10:05 EDT BBTV Holdings makes investment in, forms strategic partnership with Nifty's - BBTV Holdings announced its NFT Division has made an investment into Nifty's. Following the official launch of BBTV's NFT division in May, 2021, BBTV has made a $250,000 minority investment into Nifty's and is establishing a strategic alliance as part of its growth strategy. "This investment and strategic alliance is another step forward for our NFT division as it provides BBTV and its creators with the opportunity for new revenue streams while empowering those creators to engage with their fan base in a more authentic way as the fans get to own a piece of the creators' IP," comments Shahrzad Rafati, Chairperson & CEO, BBTV. "We already sit on a massive library of IP from some of the most engaging content creators in the world, we can now start to activate it through NFTs to further grow our higher margin Plus solutions."
IAC TALK

Hot Stocks

10:03 EDT IAC's Care.com announces partnerships with CollegeVine, Talkspace - Care.com, an IAC (IAC) company, announced that it has expanded its enterprise services through new partnerships with CollegeVine and Talkspace (TALK). In making the announcement, Natalie Mayslich, GM of Consumer and Enterprise for Care.com, said "Best-in-class employers know that today, care benefits are must-haves for their teams, and equally important, they understand that has expanded beyond care for small children and aging adults. Through this pandemic year, mental health support has rapidly become a workplace priority and, as any parent of a teenager can tell you, the academic and competitive pressures of college prep are intense. We couldn't be more thrilled to partner with market leaders like CollegeVine and Talkspace in support of the 15 million+ employees we reach with our enterprise services."
CURI SONY

Hot Stocks

10:02 EDT CuriosityStream says now available on PlayStation4 console - CuriosityStream (CURI) announced its entire lineup of films, series and shows is now available to watch on Sony's (SONY) PlayStation4 consoles. "Viewers can download the CuriosityStream app directly from the 'video apps' section of the PlayStation Store on devices in the United States, Canada and Latin America. CuriosityStream is set to launch on PS4 consoles across Europe and Asia in the coming weeks. CuriosityStream's entire library of 4K shows is also available on supported devices including the PS4 Pro console," the company stated.
GGT

Hot Stocks

10:00 EDT Gabelli Global Multimedia Fund falls -6.8% - Gabelli Global Multimedia Fund is down -6.8%, or -75c to $10.25.
SPCE

Hot Stocks

10:00 EDT Virgin Galactic falls -9.4% - Virgin Galactic is down -9.4%, or -$4.61 to $44.59.
BTCM

Hot Stocks

10:00 EDT BIT Mining Limited falls -16.7% - BIT Mining Limited is down -16.7%, or -$1.14 to $5.67.
RNGR

Hot Stocks

10:00 EDT Ranger Energy rises 7.9% - Ranger Energy is up 7.9%, or 79c to $10.74.
TUFN

Hot Stocks

10:00 EDT Tufin rises 10.1% - Tufin is up 10.1%, or 97c to $10.53.
VRS

Hot Stocks

10:00 EDT Verso rises 10.3% - Verso is up 10.3%, or $1.77 to $19.02.
LAMR

Hot Stocks

09:54 EDT Lamar Advertising announces $30M investment in Vistar Media - Lamar Advertising Company announced that it has acquired a minority stake in Vistar Media, a global provider of programmatic technology for the digital out-of-home sector. Lamar's investment of $30M will help Vistar strengthen its balance sheet, expand its research and development and extend its reach into new markets. Under the terms of the transaction, Lamar will receive a seat on Vistar's Board of Directors. Vistar will continue to operate as an independent technology partner to buyers and sellers across the global out-of-home ecosystem.
SPCE

Hot Stocks

09:52 EDT Virgin Galactic sinks after filing to sell up to $500M shares - Shares of Virgin Galactic are dropping after the company filed a prospectus to sell, from time to time, up to $500M shares of its common stock through Credit Suisse, Morgan Stanley and Goldman Sachs. The stock in early trading is down 11%, or $5.46, to $43.79.
MTP

Hot Stocks

09:51 EDT Midatech Pharma names Dr. Dmitry Zamoryakhin as Chief Scientific Officer - Midatech Pharma announces the appointment of Dr. Dmitry Zamoryakhin as Chief Scientific Officer, a non-board role, with immediate effect. Dr. Zamoryakhin has broad experience across all phases of development of drugs and medical devices, working with regulatory authorities including the EMA, FDA, PMDA, and NMPA. Most recently, he was Chief Medical Officer of Oxford Biomedica.
RELX

Hot Stocks

09:49 EDT LexisNexis Risk Solutions awarded $1.2B BPA with U.S. Department of Labor - LexisNexis Risk Solutions announced that the United States Department of Labor (DOL) has awarded the company a Blanket Purchase Agreement to provide industry leading digital identity verification for state unemployment insurance programs. The five-year, $1.2B award is the continuation of longstanding relationships with federal, state, and local agencies.
GGT

Hot Stocks

09:47 EDT Gabelli Global Multimedia Fund falls -5.4% - Gabelli Global Multimedia Fund is down -5.4%, or -59c to $10.41.
MITT

Hot Stocks

09:47 EDT AG Mortgage falls -5.4% - AG Mortgage is down -5.4%, or -23c to $4.05.
BTCM

Hot Stocks

09:47 EDT BIT Mining Limited falls -9.0% - BIT Mining Limited is down -9.0%, or -61c to $6.20.
OG

Hot Stocks

09:47 EDT Onion Global rises 7.2% - Onion Global is up 7.2%, or 24c to $3.59.
RNGR

Hot Stocks

09:47 EDT Ranger Energy rises 7.9% - Ranger Energy is up 7.9%, or 79c to $10.74.
VRS

Hot Stocks

09:47 EDT Verso rises 10.7% - Verso is up 10.7%, or $1.85 to $19.10.
MRNA

Hot Stocks

09:45 EDT Moderna announces 20M vaccine dose supply agreement with Argentina - Moderna announced a supply agreement with the government of Argentina for 20M doses of its Covid-19 vaccine or its updated variant booster vaccine candidate, if authorized, to begin delivery in Q1 of 2022. "We appreciate the support from the government of Argentina with this supply agreement for doses of the Moderna COVID-19 vaccine or our variant booster candidates," said Stephane Bancel, CEO of Moderna. "We are committed to making our vaccine available around the world as we seek to address the pandemic with our COVID-19 vaccine."
SPCE

Hot Stocks

09:39 EDT Virgin Galactic trading resumes
PDYPY

Hot Stocks

09:38 EDT Flutter's FanDuel appoints Amy Howe as interim CEO to replace Matt King - FanDuel Group parent company Flutter Entertainment plc. announced that it has appointed Amy Howe as interim CEO of FanDuel Group, as a full search for a permanent successor continues. "Howe will add the interim CEO duties to her existing role as President with continued responsibility for leading the company's core commercial functions across its Sportsbook, Casino, Racing, and Daily Fantasy units. She will oversee the company's operational, product, marketing, legal, regulatory, and compliance units. Howe replaces Matt King, who, pursuant to an announcement by Flutter on May 12th, is leaving the company. King will leave the business on July 16th after the previously disclosed transition period," the company stated. Reference Link
FOSL

Hot Stocks

09:35 EDT Fossil appoints Holly Briedis as CDO - Fossil Group announced that Holly Briedis has joined the company's executive leadership team as Executive Vice President, Chief Digital Officer. In this new role, Holly will be responsible for leading Fossil Group's digital initiatives. Holly brings more than 15 years of experience in digital marketing and retail to Fossil Group. In her previous role as a Partner at McKinsey & Company, she led the Omnichannel and Customer Experience practice for Retail in North America, advising global consumer companies on driving profitable growth.
SPCE

Hot Stocks

09:34 EDT Virgin Galactic trading halted, volatility trading pause
LAMR

Hot Stocks

09:33 EDT Vistar Media secures $30M Series B investment from Lamar Advertising - Vistar Media announced a Series B funding round of $30M from Lamar Advertising Company. The investment reflects Lamar and Vistar's belief that technology will be the driving factor behind an accelerated growth rate for the out-of-home industry at large. With the adoption of programmatic now widespread, Vistar is focused on helping digital signage networks transition beyond automation to true revenue management, while enabling buyers to leverage data to drive all media decisions and prove ROI through accurate measurement toward all KPIs. The investment by Lamar builds on its eight-year partnership with Vistar, during which Lamar's close collaboration with Vistar helped successfully develop Lamar's programmatic channel. According to the terms of the deal, Lamar will gain a minority equity stake in Vistar and a seat on Vistar's Board of Directors. Vistar will continue to operate as an independent technology partner to buyers and sellers across the global OOH ecosystem. Vistar plans to use the funding to fuel product innovation, accelerate international expansion and strengthen the balance sheet.
AMC

Hot Stocks

09:33 EDT AMC records busiest weekend in last 16 months - AMC Theatres announced that it once again broke its previous post-reopening weekend attendance records. For the second time in three weekends, and third time since Memorial Day weekend, AMC recorded its busiest weekend attendance numbers in the last 16 months. Approximately 3.2M people watched movies at AMC's United States and international theatre locations between Thursday, July 8 and Sunday, June 11. The industry box office was led by "Black Widow," which opened to an estimated $80M for its opening weekend in the United States and Canada, breaking the previous record, which was set by F9 just two weekends ago. The top 10 movies posted meaningful ticket sales and helped give the industry its first $100M plus domestic box office weekend since early 2020. Eight of the top 10 busiest theatres in the U.S. across the whole movie theatre industry were AMCs. They were led by the AMC Burbank 30 complex in Burbank, California. In the U.S. on Thursday through Sunday, AMC had more than 2.5M guests, a new post re-opening record. Internationally, more than 650,000 people visited AMC's theatres in Europe and the Middle East, also a post-reopening record. This brought the total global attendance at AMC's theatres at home and abroad this past weekend, Thursday through Sunday, to an approximately 3.2M.
MEDXF

Hot Stocks

09:32 EDT Medexus Pharmaceuticals, medac enter licensing agreement for treosulfan - Medexus Pharmaceuticals announced that it has entered into a licensing agreement, formalizing its relationship with medac GmbH to commercialize treosulfan, a bifunctional alkylating agent, in Canada. Treosulfan will be marketed in Canada under the brand name Trecondyv and indicated in combination with fludarabine as part of a conditioning treatment prior to allogeneic hematopoietic stem cell transplantation. Medexus will be responsible for selling and marketing the product, while medac will be responsible for the manufacturing and supply of the product. Medexus has been distributing treosulfan in Canada under the Special Access Program and recently received Health Canada approval to commercialize Trecondyv for the treatment of adult patients with Acute Myeloid Leukemia or Myelodysplastic Syndromes who are at increased risk for standard conditioning therapies, as well as for pediatric patients older than one year with AML or MDS.
CSSE

Hot Stocks

09:30 EDT Chicken Soup for the Soul's Screen Media enters deal for 'Best Sellers' - Chicken Soup for the Soul Entertainment announced Screen Media's acquisition of all U.S. rights to award-winning filmmaker Lina Roessler's comedy Best Sellers starring Michael Caine and Aubrey Plaza alongside Cary Elwes, Scott Speedman, Ellen Wong and Veronica Ferres. The screenplay, written by Anthony Grieco, won a 2015 Nicholl Fellowship in Screenwriting award. Screen Media plans a September 2021 theatrical and on-demand release for the film.
BTN

Hot Stocks

09:19 EDT Strong/MDI Screen Systems partners with Illuminarium Experiences - Strong/MDI Screen Systems announces that it has partnered with Illuminarium Experiences on the opening of their first location in Atlanta, Georgia. Illuminarium Atlanta presents WILD, utilizing cinematic immersion to allow visitors to experience the watering holes, sweeping plains and majestic landscapes of Africa and come "face to face" with the world's most exotic animals. To create this realistic encounter, Strong/MDI produced the proprietary, high contrast Orion optical coating applied to all the projection walls within the venue, as well as providing the patented speaker panels which allow the audio to penetrate through a solid projection surface with minimal distortion that is invisible to the human eye.
MTBC

Hot Stocks

09:17 EDT CareCloud selected by Spring Hills for software-enabled solutions - CareCloud announced Spring Hills Management Services Organization will implement CareCloud's software-enabled solutions, including its electronic health records and practice management software, with its remote patient monitoring system in order to optimize delivery of patient care. Spring Hills, a pioneer in building and operating extended care and rehabilitation communities, will also leverage CareCloud's revenue cycle management services including medical coding and credentialing.
GTEH

Hot Stocks

09:16 EDT GenTech provides mid-year update on acquisitions, debt reduction - GenTech Holdings is pleased to provide current and prospective shareholders with a 2021 Mid-Year Update. Management highlights the Company's recent series of four fully completed value-add acquisitions, including Yourganics, MPB Snacks, NxtBar, and Fizzique. The Company is also in the process of closing a fifth, after signing an LOI to acquire Nature Soothie. The Company expects to close the Nature Soothie acquisition before the end of July. The Company has also been proactively engaged in balance sheet improvements driven by a combination of cash from operations and mutually beneficial renegotiations. During the first half of 2021, the Company has settled with multiple convertible noteholders, removing more than $1 million in convertible notes from the balance sheet. This debt reduction initiative will continue throughout 2021. The Company plans to have no outstanding convertible debentures on its books by the end of Q2 2022. At present, only one major convertible noteholder remains outstanding: 'East Capital Investment Corp'. The Company is actively engaged in proactive discussions with this creditor. The Company announced early in 2021 that it had settled an outstanding judgement of $1.09 million from 2017 at that time. In total, GenTech has proactively reduced total outstanding liabilities by $2 million, or 62%, so far this year, leaving the Company in a significantly strengthened position as management looks forward to explosive growth potential in 2022. In addition, the Company has begun to see dramatic sales growth in 2021. As of June 30, leaving out the contributions of recent acquisitions and only focusing on the core SINFIT Nutrition segment, total revenues were approximately $300k during the first half of the year. If acquisitions are included, that number, expressed as a semi-annualized run rate, grows to well over $650k. However, significant additional commercialization involving acquired products will roll out over coming months, pushing that run rate substantially higher by year end.
QDEL

Hot Stocks

09:16 EDT Quidel receives CE Mark for Savanna multiplex molecular analyzer, RVP4 Assay - Quidel announced that the company has received the CE Mark for its Savanna multiplex molecular analyzer and Savanna RVP4 Assay. The CE Mark allows Quidel to market and sell the Savanna system in Europe, as well as other countries that accept the CE Mark.
DM

Hot Stocks

09:14 EDT Desktop Metal announces it has acquired Aerosint, no terms - Desktop Metal announced it has acquired Aerosint. Founded in 2016 and based in Belgium, Aerosint offers a unique powder deposition system based on a proprietary digital process that selectively deposits two or more powders to form a single, thin powder layer containing multiple materials. The Company's patented selective powder deposition technology enables full three-dimensional control of material placement during printing and can be integrated into any powder bed AM process, such as laser powder bed fusion, binder jetting, high-speed sintering or selective laser sintering. This new, multi-material approach to powder deposition is designed to support high-speed printing of a broad range of polymers, metals, and ceramics. Aerosint will operate as a wholly owned subsidiary of Desktop Metal and continue to be led by its founders Edouard Moens de Hase and Matthias Hick, who will serve as Managing Director and Innovation Director of the Aerosint business, respectively. Aerosint multi-material
HVBT BTC

Hot Stocks

09:12 EDT HIVE Blockchain Technologies purchases, hashes 3,019 mining computers - HIVE Blockchain Technologies (HVBT) announced the purchase and immediate hashing of 3,019 MicroBT WhatsMiner M30S dedicated mining computers, or miners. These new machines have an aggregate hash power of 264 Petahash per second, or PH/s. The integration of these miners into HIVE's systems will be immediate upon closing and will increase HIVE's overall Bitcoin (BTC) operating hashrate by approximately 46%. With the addition of these 3,019 MicroBT M30S miners, HIVE's aggregate operating hash rate increases from approximately 566 PH/s to 830 PH/s. At the current difficulty and Bitcoin price these purchased miners will generate an additional $80,000 in daily income. Bitcoin continues to have a daily volatility of plus or minus 6% and investors need to be aware of this volatility. The miners to be acquired in the transaction are already located onsite at HIVE's facilities in Lachute, Quebec and Grand Falls, New Brunswick. The miners are being purchased from Foundry Digital, a wholly owned subsidiary of the Digital Currency Group focused on digital assets' mining and staking. As part of the partnership, HIVE will contribute its Bitcoin hashpower to Foundry USA Pool going forward, whose other major customers include Blockcap, Hut8, Bitfarms and Foundry itself, among others. As consideration for the sale of the miners, Foundry will be issued cash and 1.5M warrants of the company, subject to regulatory approval. Each full warrant will entitle the holder to acquire one common share for C$3.11 for a period of two years.
MIDD

Hot Stocks

09:12 EDT Middleby acquires residential appliance brand Novy, no terms - The Middleby Corporation announced the acquisition of Novy, with sales of approximately $90M annually and EBITDA margins in excess of 20%. "Novy is recognized for its market leading innovations and product designs, complementing our expanding portfolio of premium residential brands. The business is well-positioned in the built-in cooking segment of the residential market, a category which is growing globally," said Tim FitzGerald, Middleby CEO. "We believe there are exciting opportunities to realize synergies with our existing residential brands. The introduction of the Novy brand and products into the U.S. and U.K. markets, where Middleby Residential is well-established, will further accelerate the company's sales." Novy is a leading European manufacturer for residential kitchens with a best-in-class reputation. In recent years the company quickly expanded its footprint as consumers adopted their products.
EHMEF

Hot Stocks

09:11 EDT Goeasy appoints Jackie Foo as COO - goeasy announced the appointment of Jackie Foo as Executive Vice-President and Chief Operating Officer of its easyfinancial and easyhome retail and contact centre operations, effective July 15th, 2021. Most recently, Jackie ran Bell Canada's corporate stores and Retail Centre of Excellence, where she played a critical role in driving Bell's channel distribution strategy and managed the store network for the Bell, Virgin and Lucky Mobile brands.
GRUB

Hot Stocks

09:09 EDT GrubHub announces launch of Grubhub Guarantee - Grubhub announced the Grubhub Guarantee, the company's newest feature promising diners on-time delivery and the lowest price relative to competitors, or Grubhub will make it right with Grubhub Perks for free food. In a study of thousands of consumers, Grubhub looked at what mattered most to diners, and on-time delivery came in as one of the top factors when choosing a food delivery platform. With the Grubhub Guarantee, Grubhub is standing behind on-time delivery and lowest price in order to facilitate a great diner experience and protect restaurants' reputation. The Grubhub Guarantee builds on the recently-launched Grubhub Direct, which gives restaurants a commission-free option to build their online presence and underscores the company's ongoing commitment to serve restaurants as they recover from a tough year. The Grubhub Guarantee makes it simple for diners to submit claims on eligible orders with a few taps. Once submitted, Grubhub will review the details and, if an order qualifies, provides a Grubhub Guarantee Perk for the diner to use on their next order. Grubhub offers two guarantees: Lowest price Grubhub Guarantee: If a diner finds a better price for their Grubhub order on another third-party delivery service, Gruhbub will make up the difference and then some with Grubhub Perks. On-time delivery Grubhub Guarantee: If an order arrives late, Grubhub will send the diner Grubhub Perks to use on their next order.
GLYC

Hot Stocks

09:09 EDT GlycoMimetics starts trial of uproleselan combo with venetoclax and azacitidine - GlycoMimetics announced that clinicians at University of California Davis Comprehensive Cancer Center initiated dosing of the first patient in a clinical study of uproleselan combined with venetoclax and azacitidine for the treatment of older or unfit patients with treatment-naive acute myeloid leukemia. AML. Brian A. Jonas, MD, PhD, Davis Division of Hematology/Oncology, is the clinical trial's principal investigator. According to Eric Feldman, MD, GlycoMimetics' Chief Medical Officer, "While the field has seen strong uptake on venetoclax paired with a hypomethylating agent , HMA, in the frontline unfit AML setting, the depth and durability of responses, particularly in patients with adverse risk biology, has been somewhat less than optimal. In this setting, there remains a significant unmet need, and we know that environment-mediated drug resistance , driven by E-selectin, contributes to HMA/venetoclax resistance. If the study shows that E-selectin antagonism with uproleselan improves minimal residual disease MRD negative response rates, this would be an important step forward that underscores the foundational opportunities for uproleselan across the broad spectrum of patients treated for AML."
HLAN

Hot Stocks

09:07 EDT Heartland BancCorp establishes Loan and Deposit Production Office in Florida - Heartland BancCorp announced the establishment of a Northwest Florida Region Loan and Deposit Production Office led by Ashley Vannoy, Senior Vice President. This new market in Destin, Florida, will allow for a focus on strategic growth for the bank.
TBLA

Hot Stocks

09:06 EDT Taboola adds Gilad Shany to board of directors - Taboola announced the appointment of investment industry veteran Gilad Shany to its board of directors. Gilad currently serves as Chief Executive Officer at ION Acquisition and Managing Partner and co-founder of ION Crossover Partners.
SUMO

Hot Stocks

09:06 EDT Sumo Logic announces availability of Cloud SIEM solution in Tokyo - Sumo Logic announced its Cloud SIEM solution is now available in Tokyo to help organizations modernize their security operations center by fusing analytics and automation to cut through the noise of alert fatigue and provide analysts with automated insights to see the real, priority threats that require immediate attention. The company also announced the appointment of Hiroaki Kawamura, as the new country manager for Sumo Logic Japan K.K., to help further scale growth and leadership in the region.
WISH GOOG

Hot Stocks

09:06 EDT ContextLogic appoints former senior director at Google, Farhang Kassaei to CTO - ContextLogic (WISH) announced the appointment of Farhang Kassaei, former Senior Director at Google (GOOG), to the newly created position of Chief Technology Officer, effective July 12. Prior to joining Wish, Mr. Kassaei served as Senior Director of Software Engineering at Google and since 2014, oversaw the development and roll-out of full-stack commerce capabilities across Search, YouTube, Assistant and Local, as well as Google Express local shopping and delivery products. He also oversaw the infrastructure enabling Google Product Listing Ad sglobally. "Farhang will drive our technology development at a pivotal moment in our journey and lead the enhancement of Wish's existing product offerings, as well as the creation of a whole suite of exciting new technology solutions," said Wish Founder and CEO Piotr Szulczewski.
STLHF

Hot Stocks

09:05 EDT Standard Lithium included in VanEck Vectors Rare Earth/Strategic Metals ETF - Standard Lithium is pleased to announce that it has been added to the VanEck Vectors Rare Earth/Strategic Metals ETF. Standard Lithium was posted to the REMX on June 30, 2021.
HAYW

Hot Stocks

09:05 EDT Hayward launches new XE Series line of pumps - Hayward announced the launch of its new XE Series line of ultra-high efficiency pumps, which marks a development of new technology that lowers the entry price point to high performance, U.S. Department of Energy, or DOE compliant pumps. The new line is priced midway between single- and fully-featured variable speed models, expanding market access to the category.
WOOF BBY

Hot Stocks

09:05 EDT Petco names R. Michael Mohan as Lead Independent Director - Petco (WOOF) announced that its Board of Directors has appointed R. Michael Mohan as Lead Independent Director. Mohan joined Petco's Board of Directors in March and will continue to serve on its Audit Committee. Mohan is a seasoned retail leader and most recently served as the President and COO of Best Buy (BBY). As President and COO, he was responsible for the operations of Best Buy's U.S. and International businesses and led services, customer experience, category management, merchandising, marketing and supply chain.
LAC GNENF

Hot Stocks

09:04 EDT Lithium Americas announces a $4.8M investment in Arena Minerals - Lithium Americas (LAC) announced that it has entered into an agreement to acquire 42,857,143 subscription receipts of Arena Minerals in a private placement at C$0.14 per subscription receipt for total consideration of $4.8M. The ownership in Arena Minerals will provide Lithium Americas future optionality to advance exploration in Argentina in proximity to the Cauchari-Olaroz lithium project, which is being jointly developed by the Company and Ganfeng Lithium (GNENF). Ganfeng also holds a 18.7% equity investment in Arena Minerals. Both Lithium Americas and Ganfeng are expected to leverage their deep technical and operational experience to support Arena Minerals' exploration and development opportunities in Argentina, including the Sal de la Puna project. The investment is part of a C$10M non-brokered private placement of subscription receipts of Arena Minerals. The proceeds of the Offering will be applied by Arena Minerals to the acquisition of the Sal de la Puna lithium brine project in Salta, Argentina, exploration and development expenditures on the Company's lithium assets and for general corporate purposes. Lithium Americas currently does not hold any securities of Arena Minerals. On closing, assuming completion of the full $10M offering by Arena Minerals, the Company will own approximately 12.9% of the issued and outstanding shares of Arena Minerals. Upon closing, each subscription receipt will be exchanged for one common share of Arena Minerals, and one-half of one common share purchase warrant. Each warrant entitles the holder to acquire one common share of Arena Minerals at C$0.25 for a period of 24 months from the date of issuance. If Arena Minerals' acquisition of Sal de la Puna is not met by August 15, 2021, the proceeds of the Offering will be returned to the holder.
STBA

Hot Stocks

09:02 EDT S&T Bancorp names Christopher McComish as CEO, succeeding David Antolik - S&T Bancorp announced that Christopher McComish has been appointed as the company's CEO, effective August 23. McComish previously served as senior executive vice president of consumer banking of TCF Bank. McComish succeeds David Antolik, who has served as interim CEO and president of S&T since April. Antolik will continue as president of S&T and as a member of S&T's board of directors, positions he has held since January 2019.
TAOP

Hot Stocks

09:01 EDT Taoping announces $4.9M registered direct offering - Taoping announced that it has entered into a securities purchase agreement with certain investors on July 12, 2021. Pursuant to the Purchase Agreement, the Company agreed to sell to the Investors an aggregate of 1.2 million ordinary shares, no par value at a purchase price of $4.15 per share in a registered direct offering. In a concurrent private placement, pursuant to the Purchase Agreement, the Company will sell and issue to the Investors warrants to purchase an aggregate 360,000 Ordinary Shares with an exercise price of $4.56 per share within 36 months following the issue date. The Warrants can only be exercised in cash. The total aggregate gross proceeds of the above financing are $4.98 million. The Company intends to use the net proceeds from the financing for working capital and general corporate purposes. The closing of the financing is subject to satisfaction of customary closing conditions.
STFC

Hot Stocks

09:00 EDT State Auto Financial trading resumes
NRXP

Hot Stocks

08:51 EDT NRx Pharmaceuticals, Quantum Leap begin treatments with inhaled ZYESAMI - NRx Pharmaceuticals and Quantum Leap Healthcare Collaborative have begun treating patients with inhaled ZYESAMI in the I-SPY COVID Trial, a phase 2 adaptive platform trial aimed at improving treatment for severely and critically ill COVID-19 patients. ZYESAMI has demonstrated a statistically-significant increase in the likelihood of patients being alive and free of respiratory failure at 60 days when administered by intravenous infusion in a phase 2b/3 clinical trial in post-hoc analyses. In the I-SPY COVID Trial, inhaled ZYESAMI will be given to critically ill patients in order to determine whether inhaled administration has the potential to achieve similar results.
NUVSF

Hot Stocks

08:50 EDT Nuvista Energy announces proposed issuance of $200M of senior unsecured notes - NuVista Energy announced that it intends to undertake, subject to market and other conditions, a proposed private placement of senior unsecured notes in the amount of $200 million. Subject to the completion of the Offering, NuVista intends to use the net proceeds of the Offering, together with borrowings under its credit facility, to redeem all of the Company's existing $220 million senior unsecured notes due 2023 at a redemption price of 101.625%, plus accrued and unpaid interest, which is expected to be completed shortly after closing of the Offering. CIBC Capital Markets and RBC Capital Markets are acting as joint bookrunners for the Offering.
NRXP

Hot Stocks

08:47 EDT NRx Pharmaceuticals, Quantum Leap begin treatments with inhaled ZYESAMIO - NRx Pharmaceuticals and Quantum Leap Healthcare Collaborative have begun treating patients with inhaled ZYESAMI in the I-SPY COVID Trial, a phase 2 adaptive platform trial aimed at improving treatment for severely and critically ill COVID-19 patients. ZYESAMI has demonstrated a statistically-significant increase in the likelihood of patients being alive and free of respiratory failure at 60 days when administered by intravenous infusion in a phase 2b/3 clinical trial in post-hoc analyses. In the I-SPY COVID Trial, inhaled ZYESAMI will be given to critically ill patients in order to determine whether inhaled administration has the potential to achieve similar results.
SPI

Hot Stocks

08:46 EDT SPI Energy subsidiaries launch EF1-T electric pickup truck - SPI Energy announced its wholly owned EdisonFuture and Phoenix Motor subsidiary launched its next-generation electric pickup truck, EF1-T. EdisonFuture's EF1-T e-pickup truck, developed in partnership with Icona and automaker partners, is the first product in a line of advanced all-electric pickup trucks ad last-mile delivery vans incorporating Edisonfuture & Phoenix Motor's vision for human-centered future transportation. The EF1-T standard model comes equipped with total power of 350 kilowatts, or kW, or 470 horsepower, while EdisonFuture's top of the line "Super" model offers 600kW, or 816HP. The EF1-T e-pickup trucks use a uniquely designed solar mosaic technology that provides a visual signature while also harnessing the power of the sun to recharge the batteries, enabling work vehicles to continuously charge while in the field.
GGTTF

Hot Stocks

08:45 EDT GTEC Holdings completes rebrand to Avant Brands - Avant Brands announced that it has completed its rebrand and name change from GTEC Holdings Ltd. to Avant Brands Inc. and has graduated from the TSX Venture Exchange to the Toronto Stock Exchange. In connection with the name change to Avant Brands Inc., the Company has also launched a newly designed website at www.avantbrands.ca, which includes a new investor presentation. The new website and branding will further align the corporate identity of Avant. The Company's common shares and common share purchase warrants expiring March 30, 2024 are now trading on the Toronto Stock Exchange under the symbol AVNT and AVNT.WT, respectively. In conjunction with its up-listing on the TSX, the common shares and warrants have also been voluntarily delisted from the TSX Venture. The new CUSIP numbers assigned to the Company's common shares and warrants on the TSX are 05353D103 and CA05353D1033, respectively. No further action is required to be taken by shareholders or warrant holders of the Company in connection with the name change and graduation. As previously reported on July 9, 2021, the Company was expected to commence trading on the OTCQX Best Market. As a result of minor delays, the Company is expected to commence trading on the OTCQX in the coming days and will continue to trade on the OTCQB under the symbol GGTTF until further notice. A news release will be disseminated upon the commencement of trading on the OTCQX.
CORT GILD

Hot Stocks

08:45 EDT Corcept Therapeutics appoints Amy Flood as Chief Human Resources Officer - Corcept Therapeutics (CORT) announced that Amy Flood has joined the company as Chief Human Resources and Communications Officer. Flood has nearly 25 years of experience in team development and communications in the biotech industry. She previously spent 21 years at Gilead Sciences (GILD), most recently as Senior Vice President, Public Affairs, where she led a global team responsible for corporate brand, employee communications, product public relations, advocacy and philanthropy.
SCPS

Hot Stocks

08:43 EDT Scopus BioPharma announce management appointment following Olimunne acquisition - Scopus BioPharma announced a new management appointment following its acquisition of Olimmune, a leading immunotherapy company. Alan Horsager, Ph.D., President and Chief Executive of Olimmune, was appointed President of Scopus with responsibility for overseeing the development of the company's expanding immuno-oncology pipeline. In his new role, Dr. Horsager assumes certain responsibilities of Ashish Sanghrajka.
GSL

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08:43 EDT Global Ship Lease credit rating upgraded by Moody's - Global Ship Lease announced that its Corporate Family Rating has been upgraded to B1 from B2, with a stable outlook, by Moody's Investor Service. In announcing the upgrade, Moody's cited the Company's increased scale and improving credit metrics, refinancing activities resulting in an extended maturity profile, high revenue visibility from long-term charters, the strong container shipping market environment, and an increase in the Company's free float.
YAYO

Hot Stocks

08:42 EDT EVmo closes $15M debt financing to drive fleet, market expansion - EVmo announced closing on a $15M debt financing with New York based Energy Impact Partners, EIP. Deal Highlights: Commitment of $15 million to EVmo by Energy Impact Partners LP; Immediate initial purchase and deployment of vehicles; endeavoring to deploy 10,000 vehicles over the next 18-24 months; Strategic expansion within existing seven North American markets, and expansions planned beyond those markets; Plans to add Electric Vehicles to the platform, taking the overall fleet composition of EVs to more than 20%; EIP incorporates ESG themes in their investment analyses and decision-making processes; EIP invests in companies that directly reduce carbon emissions. At the margin, every $10 million in debt and or equity capital raised should enable the Company to purchase approximately 4,000 vehicles with an 85%/15% car to van mix. This should translate to approximately $80 million in annual revenue for every $10 million of capital raised at the margin. The Company anticipates scaling to a 25% EBITDA margin.
VAL

Hot Stocks

08:41 EDT Valaris 16-well floater contract with Woodside offshore Australia, no terms - Valaris Limited announced that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days.
CLRB

Hot Stocks

08:41 EDT Cellectar, LegfoChemBio enter co-development, commercialization collaboration - Cellectar Biosciences announced that it has entered into a development and commercialization collaboration with LegoChemBio, a clinical stage South Korea-based biotechnology company, for the development and commercialization of novel first-in-class phospholipid drug conjugates. Under the agreement, the two companies have the option to jointly develop three new small molecule PDCs utilizing Cellectar's proprietary drug targeting platform, phospholipid ether technology and LegoChemBio's proprietary drug conjugate linker-toxin platform. The co-development option is exercisable at defined points with either party allowed to acquire full global commercialization rights. The parties have further agreed to focus development of the drug candidates on solid tumors with significant unmet medical need and potential for accelerated regulatory pathways. Details of the financial terms of the agreement have not been disclosed.
BANX

Hot Stocks

08:40 EDT StoneCastle announces $10.8M registered direct offering - StoneCastle Financial announced that it has entered into a securities purchase agreement with investors to purchase 492,234 of its shares of common stock, in a registered direct offering. The purchase price for one share of common stock was $21.89. The Net Asset Value at the time of the transaction was $21.85. The registered direct offering is accretive to current shareholders. The proceeds from the registered direct offering are expected to be $10,775,000, exclusive of legal and administrative expenses associated with the transaction. StoneCastle anticipates that the net proceeds will be invested in accordance with its investment strategy.
DRIO

Hot Stocks

08:40 EDT DarioHealth announces launch of three new employer client contracts - DarioHealth announced the launch of three new employer client contracts, including one global partnership, for the company's new behavioral health solution powered by wayForward. These contracts are for a fixed monthly fee based on the number of employees with access to the behavioral health platform and are expected to contribute to revenue beginning in the third quarter.
VCYT OM

Hot Stocks

08:39 EDT Veracyte appoints Rebecca Chambers as CFO - Veracyte (VCYT) announced the appointment of Rebecca Chambers as executive vice president and chief financial officer. Chambers will join the company July 19, reporting to Marc Stapley, Veracyte's chief executive officer. Chambers has healthcare leadership experience, most recently serving as chief financial officer for Outset Medical (OM).
SMMT

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08:39 EDT Summit Therapeutics presents data from Phase II studies on ridinilazole - Summit Therapeutics is displaying three preeminent ePosters at the 31st European Congress of Clinical Microbiology & Infectious Diseases. Two ePosters bring increased awareness and understanding of the significance of data generated using shotgun metagenomic analyses to compare ridinilazole and vancomycin treated patients with Clostridioides difficile infection from Phase II CoDIFy clinical trial. Ridinilazole is Summit Therapeutics' investigational drug currently in two pivotal Phase III Ri-CoDIFy clinical trials. Summit's poster presentations provide demonstrable scientific evidence of the following: Ridinilazole showed no increase in the gut resistome. Ridinilazole demonstrated no impact on the gut resistome as compared to vancomycin, which displayed an expansion of the presence of Enterobacteriaceae in the gut and corresponding increase in antibiotic resistance genes in the gut resistome in a Phase II study. Ridinilazole showed evidence of preservation and minimal impact to the gut microbiome. In a Phase II study, treatment with ridinilazole compared to vancomycin demonstrated a significant sparing effect on the gut microbiome, supporting the production of protective secondary bile acids. Secondary bile acids are a key component in preventing recurrence of C. difficile infection. It was found that vancomycin treatment was associated with significant changes to the gut microbiome, impacting the microbiome's ability to produce protective secondary bile acids, increasing the risk of C. difficile infection recurrence. Ridinilazole has the potential to be the first novel mechanism of action antibiotic approved in over ten years. Ridinilazole's novel mechanism of action involves binding to the minor groove of Clostridioides difficile bacteria's DNA. This is believed to be the primary mechanism through which ridinilazole elicits its bactericidal action against C. difficile bacteria.
SYPR

Hot Stocks

08:39 EDT Sypris Solutions unit gets DoD follow-on to test circuit card assembly, no terms - Sypris Electronics, a subsidiary of Sypris Solutions announced that it has recently received a follow-on award from a U.S. DOD prime contractor to manufacture and test embedded circuit card assemblies that will perform certain cryptographic functions for the Army Key Management System AKMS. Production is expected to begin in 2021. Terms of the agreement were not disclosed. The AKMS is a fielded system that consists of three subsystems: local communications security management software, LCMS", automated communications engineering software ACES and the simple key load device. Under the umbrella of our nation's Electronic Key Management System, the AKMS provides tactical units and sustaining bases with an organic key generation capability and an efficient secure electronic key distribution means.
VTOL

Hot Stocks

08:39 EDT Bristow Group announces contract extension with Equinor, Shell and Neptune - Bristow Group announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Equinor aviation partner for more than 20 years and will continue to use its fleet of S-92s to provide crew change flights out of Bristow's bases in Bergen and Floro, Norway. The strong partnership with Neptune and Shell has been ongoing since May 2017. Bristow's current contracts with the three companies expire on April 30, 2022. All contract extensions include two one-year options to further extend the contracts from 2024.
ARTL

Hot Stocks

08:38 EDT Artelo Biosciences expects cash to enable execution on number of key milestones - Artelo ended the third quarter with over $10.0 million of cash and cash equivalents. This level of funding is projected to enable the Company to execute on a number of key upcoming milestones before the end of 2021 and into 2022, including readout of the Phase 1b stage of the CAReS study.
TGB

Hot Stocks

08:37 EDT Taseko Mines sells Harmony Gold Project to JDS Gold - Taseko Mines is pleased to announce that it has entered into an agreement to sell the Harmony Gold Project to JDS Gold, a newly incorporated company controlled by JDS Energy & Mining Inc. and affiliates. Under the terms of the agreement, JDS will become the owner and operator of the Harmony Gold Project, a high-grade development-stage gold project located on Graham Island in Haida Gwaii. Taseko will retain a 15% carried interest in JDS and a 2% net smelter return royalty on the Project. Taseko also has the right to terminate the agreement and revert to 100% ownership of Harmony in the event JDS does not achieve certain project development milestones and an IPO or other liquidity event within an agreed timeframe. Closing of the transaction remains subject to customary terms and conditions.
KELYA

Hot Stocks

08:36 EDT Kelly Services appoints Darren Simons as Chief Digital Officer - Kelly announced the appointment of Darren Simons as Chief Digital Officer. "In this position, Darren has responsibility for leading an enterprise digitization roadmap, driving digital innovation that transforms and optimizes Kelly's business processes, developing new tech-enabled customer and candidate-facing solutions, creating new business models, and improving both internal and external digital experiences," the company said. He reports directly to Kelly President and CEO Peter Quigley.
BFLY

Hot Stocks

08:36 EDT Butterfly Network appoints Andrei Stoica as CTO, David Ramsey as CIO - Butterfly Network announced that effective July 19, Andrei Stoica will be joining Butterfly as chief technology officer, or CTO, and David Ramsey will be joining as chief information officer, or CIO. In this newly created executive position, Stoica will lead Butterfly's product development, technology innovation, and information technology operations, reporting to Todd Fruchterman, president and CEO of Butterfly. Stoica was most recently CTO at BioTelemetry, a provider of remote cardiac diagnostics and monitoring, where he led the global technology and product development operations, including hardware and software product development, product management, enterprise, and product information technology, as well as product manufacturing and distribution. Ramsey will report to Stoica. He will be responsible for continuing to ensure the privacy and security program as well as building out information technology infrastructure to support Butterfly's growth. Ramsey has previously held chief information officer roles at a number of companies.
GOED

Hot Stocks

08:36 EDT 1847 Goedeker reports June revenue up 47.8% to $55.7M - 1847 Goedeker is pleased to report continued strong growth with record monthly orders and revenue results. June monthly orders increased 19.2% from the prior year period to $73.2M while June monthly revenues totaled $55.7M, representing a 47.8% increase over the June 2020 results. "We are incredibly pleased with the continued strong momentum during the first half of this year, as June marks a record performance for the organization," stated Doug Moore, CEO of Goedekers. "Throughout the past month, we have experienced a significantly improved fill rate of 76.1%, up from 61.4% in June of 2020, along with record shipments. We are encouraged by the sequential progress we made in revenue achievement versus orders as the fill rate of 76.1% is at its highest level for 2021. Suppliers continue to take steps to improve supply, although our fill rate has a significant opportunity for improvement beyond the 76% achieved in June. Speed of delivery and the customer satisfaction levels for delivery remain at the forefront of our strategic plan." Moore continued, "The first month of being a combined company went well. As we continue to pursue our long-term goals and model of investments driving scalable profitable growth, we believe we are in a great position to continue this momentum through the balance of the year." "Let me also add some detail on this week's acquisition announcement. We entered into an asset purchase agreement with Appliance Gallery, a highly regarded Largo, Florida-based luxury appliance retailer and will be able to pay the cash purchase price that is due at closing for the acquisition out of our positive operating cash flow. There will not be any offering or other financing associated with the transaction," concluded Moore.
RBB

Hot Stocks

08:36 EDT RBB Bancorp unit in pact to buy Hawaii branch office of BOTO for $2.8M - RBB Bancorp and Bank of the Orient , BOTO, announced that Royal Business Bank, the wholly-owned subsidiary of RBB, has entered into an agreement to buy the Honolulu, Hawaii branch office of BOTO. The terms of the agreement provide for Royal Business Bank to acquire all the premises and equipment at the Branch, all deposits totaling approximately $77.8M as of June 30, , and selected performing loans totaling approximately $10M as of June 30, for a total consideration of $2.8M. The transaction is subject to regulatory approval and is expected to be completed by December 31. "This transaction accelerates our goal of expanding our presence in vibrant Asian-American communities," said Yee Phong Thian, President and CEO of Royal Business Bank. "We are excited to enter this new market and bring our relationship-based banking model to Hawaii." "Royal Business Bank is committed to providing a smooth transition with minimal impact for all stakeholders," said Dr. James Kao, Chairman of RBB Bancorp. "We believe our experience integrating past acquisitions and excellent relations with regulators will allow us to seamlessly integrate this branch into the existing national RBB network."
NOTV

Hot Stocks

08:35 EDT Inotiv acquires Genetic Toxicology assets from MilliporeSigma's BioReliance - Inotiv announced that the company has acquired key genetic toxicology assets from MilliporeSigma's BioReliance portfolio, including standard operating procedures, stock cultures, historic control data and client list. While Inotiv did not disclose the specific financial terms, the transaction consists of a sales-based royalty agreement and does not require upfront funding from the company. MilliporeSigma is discontinuing their Genetic Toxicology operations. The agreement with Inotiv is designed to ensure continuity of services for existing clients. Inotiv also plans to offer employment to certain MilliporeSigma employees who otherwise may have been displaced. To facilitate entry into the genetic toxicology business, Inotiv also announced that Gopala Krishna, PhD, MBA, has joined Inotiv as Senior Vice President, Genetic Toxicology, to lead the Company's genetic toxicology service offering.
STFC

Hot Stocks

08:35 EDT Liberty Mutual to acquire State Auto Financial for $52 per share in cash - Liberty Mutual Holding, State Automobile Mutual Insurance Company, and State Auto Financial Corporation announced that they have signed a definitive agreement pursuant to which Liberty Mutual would acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio. Under the terms of the agreement, State Auto mutual members will become mutual members of Liberty Mutual and Liberty Mutual will acquire all of the publicly held shares of common stock of State Auto Financial for $52 per share in cash. "The acquisition will significantly expand Liberty Mutual's position as an industry leader for personal lines and small commercial insurance. Liberty Mutual today distributes its Safeco Insurance personal auto, homeowners and specialty products, and Liberty Mutual small business insurance through more than 10,000 independent agencies countrywide. Through the deal, Liberty Mutual will add $2.3B in premium and State Auto's network of approximately 3,400 independent agencies across 33 states and is expected to become the second largest carrier in this key distribution channel," the companies stated. The transaction was approved by the State Auto Financial board of directors, upon the recommendation of a special committee of independent State Auto Financial directors, as well as the State Auto Mutual board of directors, upon the recommendation of a special committee of independent State Auto Mutual directors. The deal is expected to close in 2022, pending State Auto Mutual member approval, State Auto Financial shareholder approval, receipt of required regulatory approvals and other customary closing conditions. In connection with the merger of State Auto Financial, State Auto Mutual has entered into a voting agreement with Liberty Mutual under which it has agreed to vote its 58.8% interest in State Auto Financial in favor of the merger.
FLURF

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08:34 EDT FluroTech announces pre-EUA filing with FDA - FluroTech announced it has filed its Pre-Emergency Use Authorization Request with the U.S. Food and Drug Administration. The Pre-EUA submission is the Company's latest step taken as it seeks authorization of its FluroTest Pandemic Response Platform, designed to facilitate widespread point of access and surge-scale SARS-CoV-2 testing by leveraging the disciplines of robotics automation, biochemistry, fluorescence detection and cloud computing. Notable updates include: Pre-EUA Submission Delivery: Early engagement now progressing between FluroTest and the Agency to facilitate a speedy and fulsome final submission. These interactions help guide the FDA's ability to review and potentially grant the EUA. As described by the FDA, "A Pre-EUA package contains data and information about the safety, quality, and efficacy of the product, its intended use under a future or current EUA, and information about the emergency or potential emergency situation. The pre-EUA process allows FDA scientific and technical subject matter experts to begin a review of information and assist in the development of conditions of authorization, fact sheets, and other documentation that would be needed for an EUA in advance of an emergency and also helps to facilitate complete EUA requests during a current emergency declaration." Immunoassay Development: Positive results obtained on initial testing with the use of an inactivated virus. This is a critical step in immunoassay development. Final optimization of the buffer chemistry, to ensure optimal test performance with clinical samples from the field, is being performed. FluroTest immunoassay incorporates the same inactivation detergent that was also used in Gates Foundation funded immunoassays. Inactivation detergent is used in the sample collection device to make the saliva sample safe for transport, storage and handling. Manufacturing: Pre-production development of three functioning pandemic defense platform systems is now complete. Newly added Biological Safety Cabinets have been built, tested, and approved for use. Clinical Trial Update: Pending added guidance from the FDA on its pre-EUA submission, FluroTest will proceed with sample collections from six clinical site locations across California, Texas, Colorado, Rhode Island and Florida to determine performance detection results alongside a comparator RT-PCR assay. Customer Data and Privacy Protection - protocol now established and in place to manage test taker's required data. FluroTest continues to work with clinical trials partner Toolbox Medical Innovations to fulfill additional requirements to support final submissions for Emergency Use Authorization from the U.S. Food and Drug Administration and Health Canada for an Interim Order Authorization. Toolbox has expertise in helping organizations surpass each step of the submission process from clinical study design and development, all the way up to regulatory planning and support, allowing them to provide a fast and efficient path to FDA and other approvals for diagnostic products.
STFC

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08:33 EDT Liberty Mutual to acquire State Auto Financial for $52 per share in cash
QCOM INTC

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08:33 EDT Qualcomm names Don McGuire as Chief Marketing Officer - Qualcomm (QCOM) announced that Don McGuire has been appointed senior vice president and chief marketing officer, reporting directly to Cristiano Amon, president and CEO of Qualcomm, effective immediately. Penny Baldwin, senior vice president and chief marketing officer who joined Qualcomm in 2017, will continue to serve in an advisory role to support the transition along with other marketing initiatives until her retirement later in the year. McGuire joined Qualcomm from Intel (INTC) where he led global marketing strategy, campaigns, and messaging supporting their Client Computing Business.
STT

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08:33 EDT First Abu Dhabi Bank, State Street enter strategic alliance - First Abu Dhabi Bank, or FAB, and State Street announced a new strategic alliance that leverages FAB's regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa, or MENA and State Street's global strength and capabilities. The alliance will create a full-service enterprise offering for institutional investors in the region. It will provide MENA investors with extensive reach into more than 100 markets around the world, an unrivalled product range servicing all major listed and unlisted asset classes, delivered by in-country client service teams in the UAE, Saudi Arabia, Kuwait, Oman, Bahrain and Egypt. Clients will have access to State Street's full suite of front, middle and back office capabilities, in addition to its data management and analytics solutions, which integrate with FAB's regionalized suite of securities services products, local expertise and regional direct custody network.
ENLV

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08:33 EDT Enlivex Therapeutics initiates construction process for new cGMP plant - Enlivex Therapeutics announced that it has initiated the design and construction process for a new wholly owned manufacturing plant in Israel. Upon completion, this cGMP plant will provide additional manufacturing capacity for Allocetra, the Company's immunotherapy product candidate. Enlivex intends to use the additional manufacturing capacity to support ongoing clinical trials, future clinical trials and initial commercial production of Allocetra that may occur if Enlivex receives applicable regulatory approvals. The planned new facility will initially be approximately 17,000 square feet, and will have the ability to be expanded to approximately 21,500 square feet in the future. "The planned expansion of our manufacturing capacity represents an important milestone that we expect will position Enlivex at a different level of readiness for larger clinical trials and potential initiation of commercial activities," said Oren Hershkovitz, Ph.D., CEO of Enlivex. "It will allow us to remain well prepared as we continue to advance Allocetra towards regulatory approval in sepsis and COVID-19 and work to leverage its broadly applicable mechanism of action to expand our planned clinical pipeline into solid tumors."
WMT SFTBY

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08:33 EDT Walmart, SoftBank among investors as Flipkart raises $3.6B in new funding - The Flipkart Group announced that it has raised $3.6B in funding as it "continues to grow and advance the digital commerce ecosystem in India." The company said: "The fundraise demonstrated significant interest from global investors, including sovereign funds, private equity and crossovers in addition to Walmart. This round of funding was led by financial investors GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart, along with investments from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, and marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global. The investment values the Group at $37.6B post-money... This investment reflects global investor confidence in digital commerce in India, which has continued to accelerate over the last year when access to products safely and convenience took priority. With this development, Flipkart will continue to make deeper investments across people, technology, supply chain and infrastructure to address the requirements of a rapidly growing consumer base in India. A key focus area for the Group is to help informal commerce segments leverage the power of technology. As one of the leaders in the fashion segment, this means working with the fashion industry and helping small businesses explore untapped opportunities that technology presents. Through its expanding grocery and last-mile delivery programs, the Group will also work with kiranas to help them digitize and grow." Reference Link
RAAC

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08:32 EDT Berkshire Grey secures over $23M order for grocery picking robots - Berkshire Grey secured a $23+ million multi-phase order with a global retailer for online same day grocery fulfillment. The Berkshire Grey Intelligent Enterprise Robotics solutions robotically pick grocery items from inventory and pack the items into customer bags to fill orders that are placed online and via mobile apps. Berkshire Grey's robotic solutions can operate back-of-store, putting the operation close to current shoppers for rapid pickup and delivery, and in larger dedicated fulfillment and distribution centers. Berkshire Grey solutions support order-online-pickup-at-store, order-online-be-delivered-to-by-store, and similar models which are important high growth models in the grocery and convenience segments. On February 24, 2021, Berkshire Grey entered into a definitive agreement with Revolution Acceleration Acquisition Corp that is expected to result in Berkshire Grey becoming a publicly listed company early in the third quarter of 2021, subject to the satisfaction of customary closing conditions, including approval by the stockholders of Revolution Acceleration Acquisition Corp.
EAR

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08:30 EDT Eargo applauds Biden Administration executive order on promoting competition - Eargo applauded the Biden Administration's July 9, 2021 Executive Order on Promoting Competition in the American Economy, which directs the Department of Health and Human Services to consider issuing proposed rules within 120 days for allowing hearing aids to be sold over the counter. Christian Gormsen, President and CEO, said, "We applaud the Executive Order and are pleased with the Biden Administration's effort to establish a definitive timeline for OTC draft language, potentially increasing access to hearing aids and lowering costs for consumers... Eargo's mission is to increase consumer access to high quality, virtually invisible hearing solutions with telecare support for life from a licensed hearing professional at approximately half the cost of hearing aids purchased at traditional U.S. based audiology clinics. As a pioneer in bringing a vertically integrated telecare experience to hearing, we firmly believe in the importance of support by licensed hearing professionals, positioning us well to lead the disruption of this large and underpenetrated market as more consumers realize there is simply a better, more efficient way to solve for hearing loss... As we look forward to the national launch of Eargo 5 this week, we are excited to offer consumers our most advanced hearing aid to date: a medical-grade, FDA Class II exempt hearing device designed to be customizable to the user's hearing preferences through all new Sound Match technology and the smallest in-canal, rechargeable hearing aid Eargo has ever made."
FCCY

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08:30 EDT First Constitution Bancorp trading resumes
OPK

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08:29 EDT Opko Health licenses oligonucleotide therapeutics platform to CAMP4 - OPKO Health announced it has entered into an exclusive worldwide agreement with privately held CAMP4 Therapeutics Corporation for the development, manufacture and commercialization of therapeutics utilizing the AntagoNAT technology, an oligonucleotide platform developed under OPKO CURNA. AntagoNATs are oligonucleotide compounds that target non-coding natural antisense transcripts leading to an upregulation of a desired functional protein. CAMP4 has prioritized OPKO's lead AntagoNAT compound to progress into clinical trials for the treatment of Dravet syndrome. Under the terms of the agreement, OPKO will receive an upfront payment and shares of CAMP4. In addition, OPKO will be eligible to receive up to $93.5 million and additional shares upon the achievement of certain development and sales milestones for products developed from this technology and associated intellectual property. CAMP4 will also pay OPKO double-digit royalties on product sales.
LMPX

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08:27 EDT LMP Automotive announces senior management addition - LMP Automotive Holdings announced Senior Management Addition. Amanda Bailes, a senior executive in accounting and finance with 20 years of experience in public and private industry accounting, has been hired as Senior Automotive Controller of LMP. Bailes will be responsible for directing and coordinating all dealership accounting operational functions, managing the accumulation and consolidation of all financial data necessary for reporting accurate and timely business results, and will manage the Company's Human Resources Department. Bailes will assume the role of Senior Automotive Controller effective July 19, 2021 and report directly to Bellaflores.
EAR

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08:26 EDT Eargo applauds Biden Administration executive order on promoting competition - Eargoy applauded the Biden Administration's July 9, 2021 Executive Order on Promoting Competition in the American Economy, which directs the Department of Health and Human Services to consider issuing proposed rules within 120 days for allowing hearing aids to be sold over the counter. Christian Gormsen, President and CEO, said, "We applaud the Executive Order and are pleased with the Biden Administration's effort to establish a definitive timeline for OTC draft language, potentially increasing access to hearing aids and lowering costs for consumers. The Executive Order states that: 'Hearing aids are so expensive that only 14% of the approximately 48 million Americans with hearing loss use them. On average, they cost more than $5,000 per pair, and those costs are often not covered by health insurance. A major driver of the expense is that consumers must get them from a doctor or a specialist, even though experts agree that medical evaluation is not necessary. Rather, this requirement serves only as red tape and a barrier to more companies selling hearing aids. The four largest hearing aid manufacturers now control 84% of the market.' Eargo's mission is to increase consumer access to high quality, virtually invisible hearing solutions with telecare support for life from a licensed hearing professional at approximately half the cost of hearing aids purchased at traditional U.S. based audiology clinics. As a pioneer in bringing a vertically integrated telecare experience to hearing, we firmly believe in the importance of support by licensed hearing professionals, positioning us well to lead the disruption of this large and underpenetrated market as more consumers realize there is simply a better, more efficient way to solve for hearing loss. While the specifics of the proposed legislation are still pending, Eargo has since inception been providing the type of consumer-friendly hearing care experience the industry needs. As we look forward to the national launch of Eargo 5 this week, we are excited to offer consumers our most advanced hearing aid to date: a medical-grade, FDA Class II exempt hearing device designed to be customizable to the user's hearing preferences through all new Sound Match technology and the smallest in-canal, rechargeable hearing aid Eargo has ever made."
CVRX

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08:25 EDT CVRx appoints Martha Shadan to board of directors - CVRx announces the addition of Martha Shadan to the company's board of directors. She currently serves as the president and CEO of Miach Orthopaedics, a developer of bioengineered surgical implants for connective tissue repair. Shadan is actively involved with the Advanced Medical Technology Association, serving on the Board of Directors since 2017, and as a member of the Accel Board of Directors, a division of AdvaMed.
STFC

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08:25 EDT State Auto Financial trading halted, news pending
OPNT

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08:24 EDT Opiant Pharmaceuticals appoints Matthew Ruth as CCO - Opiant Pharmaceuticals announced the appointment of Matthew Ruth as Chief Commercial Officer. Ruth will begin his employment with Opiant effective today and report directly to Dr. Roger Crystal, President and CEO. From 2015 until 2019, Mr. Ruth was responsible for building out the U.S. Operational, Commercial, Government Affairs and Medical Affairs team in preparation for the launch and commercialization of a branded nasal naloxone spray.
ARQT

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08:23 EDT Arcutis announces first patient enrolled in phase 3 trial of ARQ-154 - Arcutis Biotherapeutics announced enrollment of the first patient in its single pivotal Phase 3 clinical trial evaluating topical roflumilast foam as a potential treatment for seborrheic dermatitis. Roflumilast foam is a once-daily topical foam formulation of roflumilast, a highly potent and selective phosphodiesterase type 4 inhibitor, which the Company is developing for seborrheic dermatitis and scalp psoriasis. The STudy of Roflumilast foam Applied Topically for the redUction of seborrheic derMatitis, or STRATUM, is a Phase 3, parallel group, double blind, vehicle-controlled study of the safety and efficacy of roflumilast 0.3% foam administered once-daily in approximately 450 subjects ages nine and older with moderate to severe seborrheic dermatitis. The primary endpoint of the study is the proportion of subjects achieving Investigator Global Assessment success, defined as an IGA score of "clear" or "almost clear" plus a 2-point improvement at eight weeks. The Company announced in January 2021 that it had conducted a successful End-of-Phase 2 meeting with the U.S. Food and Drug Administration and planned to initiate a single pivotal Phase 3 trial in seborrheic dermatitis.
ALNA

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08:22 EDT Allena expects revised interim analysis for reloxaliase in 1Q22 - Reloxaliase is an investigational, first-in-class, non-absorbed, orally administered enzyme for the treatment of enteric hyperoxaluria, a metabolic disorder characterized by high levels of urinary oxalate, which can lead to kidney stone disease and chronic kidney disease. There are currently no approved therapies for this disorder, which affects approximately 250,000 patients in the United States. Reloxaliase exerts its effect by breaking down oxalate in the gastrointestinal tract, reducing the absorption of dietary oxalate. The Company previously completed the URIROX-1 trial, the first of two pivotal Phase 3 clinical trials of reloxaliase, which demonstrated a statistically significant reduction in UOx levels during weeks 1-4, the primary endpoint of the study. The Company is currently studying reloxaliase in the adaptive-design URIROX-2 trial, the second of two pivotal Phase 3 clinical trials in its URIROX program. URIROX-2 is a multicenter, global, randomized, double-blind, placebo-controlled study designed to evaluate the safety and efficacy of reloxaliase in patients with enteric hyperoxaluria over a minimum treatment period of two years. The trial is designed to enroll 200 patients with 24-hour UOx excretion greater than or equal to 50 mg/day and a history of kidney stones, and includes patients with both normal kidney function and reduced kidney function up to Stage 3 chronic kidney disease. The primary efficacy endpoint of URIROX-2 is the percent change from baseline in 24-hour UOx excretion during weeks 1-4, the same primary endpoint as URIROX-1. Secondary endpoints in URIROX-2 include the percent change from baseline in 24-hour UOx excretion during weeks 16-24 and the proportion of subjects with a greater than or equal to 20% reduction from baseline in 24-hour UOx excretion during Weeks 1-4. The primary long-term efficacy endpoint to confirm clinical benefit is kidney stone disease progression, defined as a composite of either symptomatic kidney stones or finding of new or enlarged kidney stones using imaging, over a minimum treatment period of two years. Secondary long-term efficacy endpoints to confirm clinical benefit include change in eGFR from baseline and resource utilization for the management of kidney stones. URIROX-2 incorporates adaptive design elements that could, if necessary, allow for increasing the sample size and/or duration of treatment based upon the results of two interim analyses. As part of the URIROX-2 adaptive design, the Company had previously planned to conduct the first interim analysis after 130 subjects had been treated for at least six months and had estimated the timing of this analysis to be in the second or third quarter of 2022. Given the adverse impact of the COVID-19 global pandemic on the rate of patient enrollment in this global study, and considering as well that enrollment in the study began in early 2019, the Company has modified its plans and now expects to conduct the first interim analysis, which will include all subjects who were enrolled in the trial as of the end of November 2021, during the first quarter of 2022. Based upon the number of subjects enrolled to date, the number of subjects currently in screening, and management's estimate of expected enrollment over the next several months through November, the Company estimates that this revised interim analysis would include UOx data during weeks 1-4 for approximately 80 patients but would not include sufficient data to evaluate UOx levels during weeks 16-24 or the blinded rate of kidney stone events, as previously planned. The Company will submit its revised plan for the first interim analysis to the Food and Drug Administration as part of its planned update to the URIROX-2 statistical analysis plan and adaptive design charter. The revised interim analysis, which will be conducted by an independent data monitoring committee, will assess whether the study continues to be adequately powered to evaluate efficacy against the primary endpoint, the change in UOx levels during weeks 1-4 versus baseline, with the planned enrollment of 200 subjects, or whether the study size should be increased. As a result of conducting an earlier interim analysis with a smaller sample size than previously planned, the Company anticipates that the ultimate size of the study may be larger than would have otherwise been required, but that if this occurs, any such increase would be modest relative to an increase, if any, that would have been necessary had the first interim analysis been conducted with six-month data on 130 patients, as previously planned. Any adjustment in study size would be designed to ensure that the statistical power of the study remains sufficiently robust. As previously planned, the interim analysis will also include an assessment of futility with respect to the primary endpoint. The Company does not anticipate any changes to the planned second interim analysis, which will also include an assessment of the secondary endpoint of change in UOx levels during weeks 16-24 and of unblinded kidney stone events. The second interim analysis is expected to be conducted once 200 subjects have reached six months of treatment and is designed to enable a potential filing for accelerated approval for reloxaliase on the basis of UOx levels. The Company expects to provide revised guidance on its expectations for the timing of the second interim analysis and topline data from the URIROX-2 study following completion of the initial interim analysis in the first quarter of 2022.
KYMR

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08:21 EDT Kymera Therapeutics presents new preclinical data on STAT3 degraders - Kymera Therapeutics announced new preclinical data demonstrating the therapeutic potential of its STAT3 degraders for the treatment of peripheral T-cell lymphoma with aberrant STAT3 activation. Kymera's STAT3 degraders have been shown to strongly repress cancer cell growth in preclinical models of STAT3-dependent heme malignancies, including subtypes of PTCL such as ALK-positive anaplastic large cell lymphoma. Kymera's lead STAT3 degrader candidate, KT-333, is currently in preclinical development and Kymera plans to submit an Investigational New Drug Application to the U.S. Food and Drug Administration in the fourth quarter of 2021 and, if cleared, initiate a Phase 1 clinical trial in patients thereafter. Data highlights include: Kymera has discovered a series of potent and selective STAT3 degraders with activity against both wild-type and clinically-relevant mutant forms of STAT3. STAT3 degraders result in growth arrest and increased cell death of ALK-positive ALCL, as well as STAT3-mutant NK/T-cell lymphoma and ALK-negative ALCL cell lines, both in vitro and in vivo, including complete tumor regressions in vivo in ALK-positive ALCL with IV weekly dosing. Pathway analyses in STAT3 degrader-treated ALK-positive ALCL show down-regulation of STAT3-regulated processes including cytokine responses and consistent down-regulation of cell cycle signatures and up-regulation of immune pathways, suggesting modulation of tumor cell-intrinsic processes and the potential to regulate cell-cell interactions in the tumor microenvironment. A subset of transcriptional responses to STAT3 degrader is conserved between ALK-positive ALCL and STAT3 mutant NK/T-cell lymphoma cell lines.
ALNA

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08:20 EDT Allena on track to start two Phase 2a studies of ALLN-346 in Q3 - Allena Pharmaceuticals provided progress updates on its clinical programs: ALLN-346, a first-in-class, oral urate degrading enzyme in development for the treatment of patients with hyperuricemia and gout in the setting of chronic kidney disease and reloxaliase, a first-in-class, oral oxalate degrading enzyme in development for the treatment of patients with enteric hyperoxaluria. ALLN-346 is an investigational first-in-class, non-absorbed, orally administered enzyme for the treatment of hyperuricemia and gout, a metabolic disorder characterized by high systemic levels of uric acid that can lead to several complications, including arthritis, kidney stones, and chronic kidney disease. The Company recently completed a Phase 1b multiple ascending dose study of ALLN-346. The study included 18 healthy volunteers, who received either ALLN-346 or placebo for seven days. There were two cohorts consisting of nine subjects each, with the first receiving three capsules of ALLN-346 three times daily, and the second receiving five capsules of ALLN-346 three times daily. ALLN-346 was well tolerated with no evidence of systemic absorption, as confirmed by an enzyme-linked immunosorbent assay. Evaluation of clinical and laboratory parameters revealed no significant safety signals and no serious adverse events were reported. As previously reported, the Company is preparing to initiate two randomized, double-blind, placebo-controlled Phase 2a studies to obtain initial bioactivity data and additional safety data for ALLN-346 in patients with hyperuricemia and gout during the third quarter of 2021. Initial results from the Phase 2a program are expected during the fourth quarter of 2021. An inpatient study is planned to initially enroll 12 patients with hyperuricemia randomized to receive either five capsules of ALLN-346 or matching placebo three times daily during a one-week treatment period. Key bioactivity endpoints will include serum uric acid level, 24-hour urine uric acid level, and renal clearance of uric acid. Following evaluation of the data from the initial 12 patients, the Company will make a determination regarding potentially extending the study to include up to an additional 12 patients, either to obtain additional data at the five-capsule, three-times-daily dose, or to evaluate a different dose. An outpatient study is planned to enroll 24 hyperuricemic patients with gout and mild-to-moderate chronic kidney disease randomized to receive either five capsules of ALLN-346 or matching placebo, three times daily, during a two-week treatment period. Two cohorts of 12 patients each are planned, with the first cohort consisting of patients with an eGFR (estimated glomerular filtration rate, a measure of renal function) of 60-89 mls/minute, and the second consisting of patients with an eGFR of 30-59 mls/minute. Key bioactivity endpoints will include serum uric acid level, 24-hour urine uric acid level, and renal clearance of uric acid. The limitations of existing gout treatments were highlighted in the Company's recent KOL Webinar. Specifically, managing gout in the setting of advanced chronic kidney disease remains a significant challenge for clinicians because currently available agents are either dose-limited or contraindicated in these patients. There are approximately 500,000 patients with gout and advanced chronic kidney disease in the United States.
AMRC

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08:20 EDT Ameresco and Arvada, Colorado complete energy conservation, renewable project - Ameresco and the City of Arvada, Colorado announced the completion of an energy conservation and renewable energy project. Financed by a $4.5M Energy Savings Performance Contract ESPC, improvements made across the City of Arvada will guarantee energy cost savings and an overall reduction in energy usage. "We are thrilled to provide our innovative approach to energy conservation to the City of Arvada," said Louis Maltezos, executive vice president of Ameresco. "Our goal throughout the entirety of the process was to implement clean technology solutions that simultaneously offered significant long-term cost savings and advanced the city's passion for increased sustainability."
SIEN GHSI

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08:19 EDT Sientra appoints Andy Schmidt as Chief Financial Officer - Sientra (SIEN) announced that Andy Schmidt has been appointed Chief Financial Officer effective immediately. As a key member of Sientra's executive leadership team, Schmidt will lead the company's financial operations. Schmidt brings to Sientra more than 20 years of financial leadership experience and has successfully directed the financial, M & A and capital market strategies of numerous publicly held companies. Most recently, he served as the CFO of Guardion Health Sciences (GHSI).
RAAC

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08:18 EDT Berkshire Grey reports backlog of $95M as of June 30 - Berkshire Grey announced continued growth in Intelligent Enterprise Robotic solutions. As of June 30, 2021, Berkshire Grey has: Contracted for approximately 94% of forecasted 2021 revenue. Increased total orders since inception to $148 million, up from $114 million as of December 31, 2020, driven in part by growth in orders in the grocery and parcels verticals. Increased backlog to $95 million, up from $70 million as of December 31, 2020. Previously disclosed revenue guidance of approximately $59 million for 2021 is unchanged. Signed 4 new partnerships to broaden the company's go-to market strategy. Increased global headcount to approximately 350 employees, executing its global growth plans. "We continue to see strong interest in our IER solutions for ecommerce, retail, grocery, 3PL, and package handling logistics, which has driven an increase in our backlog," remarks Tom Wagner, CEO. "Consumer shopping behaviors have fundamentally changed due to the growth of online shopping and the proverbial Amazon effect. As such, companies in these industries are adapting their underlying supply chain and logistics operations to align with today's consumer expectations, contribute to topline growth, and improve operational efficiencies. We are privileged to be able to help such companies with our technologies and our service." To support growth and scale, Berkshire Grey signed four new partnerships. Three of the partnerships are with systems integrators, all of whom have significant expertise in installing warehouse and order fulfillment solutions. The fourth partnership is with a software firm specializing in warehouse management systems. As previously announced, on February 24, 2021, Berkshire Grey entered into a definitive agreement with Revolution Acceleration Acquisition that is expected to result in Berkshire Grey becoming a publicly listed company early in the third quarter of 2021, subject to the satisfaction of customary closing conditions, including approval by the stockholders of Revolution Acceleration Acquisition Corp.
OPRT

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08:18 EDT Oportun Financial appoints two new independent members to board - Oportun Financial announced the addition of two new independent board members to its Board of Directors. Effective as of September 1, the appointments expand Oportun's board from seven to nine members with the additions of Ginny Lee and Sandra Smith. Lee recently served as the President and Chief Operating Officer of Khan Academy. Smith previously served as Chief Financial Officer for Segment.
MNPR

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08:16 EDT Monopar Therapeutics appoints Octavio Costa as Chief Medical Officer - Monopar Therapeutics announced the appointment of Octavio Costa, MD, as Chief Medical Officer. In this role, Costa will oversee global clinical development and regulatory affairs, and will provide strategic direction for Monopar's pipeline. Costa joins Monopar with over 30 years of experience overseeing clinical development, clinical operations, development strategy and global medical affairs.
PYPD

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08:15 EDT PolyPid appoints Anthony Senagore as senior medical director - PolyPid announced that it has appointed leading colorectal surgeon Anthony Senagore, M.D., as its Senior Medical Director. In his position, Dr. Senagore will be responsible for developing PolyPid's medical infrastructure in the United States, and will contribute to the Company's NDA submission, approval and commercial launch of its lead product candidate, D-PLEX100, a novel drug product candidate designed to prevent surgical site infections by providing local prolonged and controlled anti-bacterial activity directly at the surgical site. Anthony J. Senagore, M.D., is a colorectal surgeon with a long track record of academic surgery practice and significant experience in healthcare start-up companies. He has served as Professor of Surgery at several prestigious academic medical centers, including University of Texas Medical Branch at Galveston, Central Michigan University College of Medicine, the University of Southern California, Keck School of Medicine, Cleveland Clinic Foundation, and Spectrum Health/Michigan State University.
MITT

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08:15 EDT AG Mortgage announces 1-for-3 reverse stock split - AG Mortgage Investment announced that its Board of Directors unanimously approved a reverse stock split of the Company's common stock at a ratio of 1-for-3. The reverse stock split is expected to take effect following the close of business on July 22. Accordingly, at the Effective Time, every three issued and outstanding shares of the Company's common stock will be converted into one share of the Company's common stock. The Company's common stock is expected to begin trading on the New York Stock Exchange on a post-split basis beginning on July 23 under a new CUSIP number: 001228 501.
HALO JNJ

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08:15 EDT Halozyme: Janssen receives FDA approval of DARZALEX FASPRO - Halozyme Therapeutics (HALO) announced that Janssen Biotech (JNJ) received U.S. FDA approval of DARZALEX FASPRO in combination with pomalidomide and dexamethasone for the treatment of adult patients with multiple myeloma who have received at least one prior line of therapy, including lenalidomide and a proteasome inhibitor. The approval marks Janssen's sixth indication for DARZALEX FASPRO in the treatment of multiple myeloma. Findings from the Phase 3 APOLLO study were recently published in The Lancet Oncology.
MBII BIOX

Hot Stocks

08:14 EDT Marrone Bio, Bioceres's Rizobacter expands distribution agreement - Rizobacter, a subsidiary of Bioceres Crop Solutions (BIOX), and Marrone Bio (MBII) announced that Rizonema, a biological seed treatment for nematodes and soil dwelling insects, will be offered for use in row crops in Brazil through an expanded distribution agreement. Multiple regulatory trials in Brazil have proven the efficacy of Rizonema on key nematode species in soybeans and corn. MBI will continue conducting field trials in the 2021 growing season to expand the product label for use in cotton and to include additional nematodes and soil dwelling insects. During the regulatory submission and review process, MBI and Rizobacter agronomists will continue to educate Brazilian growers on the benefits of biological seed treatments to sustainably control yield-robbing pests. Pending regulatory approvals, Rizonema could be commercially available as early as the 2023 planting season. "Rizobacter has made a long-term commitment to bring more sustainable crop solutions to South American farmers, with no compromise on performance," said Ricardo Yapur, Rizobacter's chief executive officer. "Working with a biological leader such as MBI is a great way two companies with common goals and complementary expertise can make a lasting impact on farming practices. With this alliance, growers will be able to improve yield and return on investment while taking even greater care of the earth that sustains us all."
TWND QPLX

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08:14 EDT Tailwind Acquisition highlights QOMPLX business growth ahead of merger - In advance of the approaching July 20th shareholder meeting, Tailwind Acquisition, a special purpose acquisition company, is proud to highlight the robust growth achieved in 2021 by its business combination company QOMPLX. Since the original announcement on March 2, 2021, the global focus on cybersecurity has immensely accelerated given the increase in ransomware attacks, and QOMPLX has continued to execute well this year, with major accomplishments that include: Winning several large new contracts from premier customers (both new and existing), including the U.S. Navy, NASA, and leading global corporations including banks, insurers, logistics, and professional services firms; Reliably defeating Microsoft's Defender for Identity, Tenable.ad, and Crowdstrike's Preempt identity solutions for long-term contracts in leading global corporations - including one of the world's largest banks; Announcing exceptional post-merger Directors including Chris Krebs, the former Director of the Cybersecurity and Infrastructure Security Agency in the U.S. Department of Homeland Security, who will play a key role in QOMPLX's continued expansion defending against modern and critical cybersecurity threats; Signing multiple new partnerships to expand offerings and extending product and data integrations with top technology companies that now include AWS, IBM, Splunk, Twitter, Slack, and Stripe; Expanding its formidable product portfolio with additional SaaS analytics packages and gained more protected intellectual property in real-time analytics and cyber security, with 43 U.S. patents now allowed/issued and 112 more currently pending. Tailwind CEO, Chris Hollod noted that "QOMPLX continues to execute exceptionally well in an environment where the need for cybersecurity and data infrastructure solutions is more pronounced today than ever before. Jason continues to shine as an industry leader and the business results validate how their technology solutions are truly best in class for enterprise level needs."
NOVT

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08:12 EDT Novanta to acquires Schneider Electric Motion USA for $115M in accretive deal - Novanta announced that it has reached an agreement to acquire Schneider Electric Motion USA for $115M million in cash. The transaction is expected to close in the third quarter of 2021. Schneider Electric Motion USA is a manufacturer of motion control components for automation equipment. The company is a leader in innovative motion control solutions, specifically around brushless motor technology, integrated motor drives and electronic controls. Founded in 1986 as Intelligent Motion Systems , the business develops key solutions for applications demanding highly precise, controlled movement in areas including medical instruments, lab automation, robotics, and other advanced manufacturing applications. The business has approximately 60 employees and is headquartered in Marlborough, Connecticut. "SEM is expected to help our expansion into automation and robotic applications through advanced motion control solutions. The business is also anticipated to increase Novanta's exposure to the Life Sciences and Medical end markets while broadening our access to sophisticated automation integrators," said Matthijs Glastra, Chief Executive Officer and Chairperson of Novanta. "The addition of SEM's technology would expand our precision motion control portfolio, furthering our ability to serve customers with unique, high performance solutions." The transaction is subject to customary closing conditions, including regulatory approvals, and will be financed using available cash on hand and the Company's revolving credit facility. The acquisition is expected to be accretive to Novanta's free cash flow and non-GAAP earnings per share. SEM's actual revenue and profit contribution to Novanta's 2021 financial results will depend on the ultimate date of the closing of the transaction, among other factors.
INMB

Hot Stocks

08:12 EDT INmune Bio announces first patient treated with INKmune - INmune Bio announced that the first patient has been treated in the company's Phase 1 clinical trial of its Natural Killer cell priming platform, INKmune, as a potential treatment for high-risk myelodysplastic syndrome. "The initiation of patient treatments in this trial is a significant milestone for our company as it is the first to study our INKmune platform in a formal clinical setting," stated RJ Tesi, M.D., chief executive officer of INmune Bio. "It is widely understood that dysfunctional NK cells in cancer patients fail to eradicate residual disease after chemotherapy, leading to relapse and poor outcomes. We have shown that by delivering tumor-specific activating signals to NK cells with INKmune, we can initiate autologous tumor killing and this is our first opportunity to test this in MDS patients. We believe INKmune holds promise in solid tumor cancers as well and to that end, we are planning to initiate a second trial, in ovarian cancer soon." This Phase 1 open label study will enroll nine patients with a confirmed diagnosis of MDS with excess blasts in a 3x3 dose escalation protocol. The primary endpoint is the safety and tolerability of INKmune when administered intravenously. Most secondary endpoints are biomarkers and include the change in percentage of blasts in peripheral blood and bone marrow, the change in autologous NK cell activity and functional maturity into tumor-induced memory-like NK cells in vivo. The overall response rate using WHO criteria, and duration of response will also be reported.
APM

Hot Stocks

08:12 EDT Aptorum Group releases additional ALS-4 trial results - Aptorum Group announced further results of its ongoing Phase 1 clinical trial for ALS-4. Specifically, two additional cohorts of the single ascending dose, or SAD, portion of the Phase 1 trial in healthy male and female adult subjects have been completed with no serious adverse events observed. ALS-4's first-in-human Phase 1 trial is a randomized, double-blinded, placebo-controlled, single, or SAD, and multiple ascending dose, or MAD, study designed to evaluate safety, tolerability, and pharmacokinetics of orally administered ALS-4 in healthy male and female adult volunteers. Dosing and safety reviews of Cohort C and Cohort D have been completed, with eight subjects were dosed in each cohort. The company said, "We are pleased to announce that no human subjects were dropped out of the studies and no serious adverse events, or SAE, were observed. In addition, no clinically relevant changes in respect of vital signs, electrocardiogram, or ECG, clinical laboratory test results and physical examinations were observed compared to baselines. Our SAD is still ongoing to gain additional insights as to the effect of food on bioavailability as well as pharmacokinetics. On this basis, we plan to proceed to MAD in Q3, 2021."
FCEL

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08:11 EDT FuelCell receives court case win in case versus Posco Energy - FuelCell Energy announced that it has received a favorable ruling in a court case filed in the Court of Chancery in Delaware by POSCO Energy Co. On July 9, 2021, the Court issued a post-trial ruling denying POSCO Energy's summary statutory demand to inspect the Company's books and records because POSCO Energy lacks a proper purpose. The Court held that the totality of the circumstances, including the fact this was the seventh legal action POSCO Energy initiated against the Company within the span of nine months, confirmed that POSCO Energy's purpose in initiating the books and records demand and filing the complaint was not proper.
CURLF

Hot Stocks

08:10 EDT Curaleaf names Ranjan Kalia as CFO, succeeding Michael Carlotti - Curaleaf Holdings announced that Ranjan Kalia will join the company as CFO on July 19. Kalia will succeed Michael Carlotti, who is stepping down from the role of CFO for medical reasons. Since 2008, Kalia served as Executive Vice President and CFO of Virtusa Corp, a global provider of digital strategy, digital engineering and IT services and solutions with more than 25,000 employees globally.
MJARF

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08:10 EDT MJardin Group announces suspension of activities at Warman facility - MJardin Group announced that it has decided to suspend construction and certain business activities at the Company's Warman facility, effective July 12, 2021. Additionally, the Company has announced that, as a part of its previously announced restructuring engagement with Restructur Advisors, it has launched a Sales and Investment Solicitation Process relating to the Company, and all its Canadian and US assets. In response to market conditions, the Company is placing Warman into care and maintenance until further notice. The Company will keep the Facility's Health Canada licensing in place and retains the option, at the Company's sole discretion, to take the Facility out of care and maintenance or if circumstances require, completely shut down Warman. The suspension of ongoing construction and certain business activities at Warman required the Company to terminate seventeen employees in Canada and the United States and will enable the Company to preserve cashflow while it facilitates the SISP. The Company remains in constant dialogue with its business partners at Warman, as it works to identify potential transactions in respect of the Facility. Further to the Company's April 30, 2021 press release announcing the formation of a special committee of independent members of the board of directors, the Special Committee has recommended that MJardin conduct a formal, wide ranging SISP in order to identify all potential options to maximize value for all of the Company's stakeholders. In response, RA, with the Company's management team, commenced the SISP on or about July 12, 2021, seeking expressions of interest, in any combination, in respect of the Company, its assets, and the Company's CSE listing.
CRDF CDTX

Hot Stocks

08:09 EDT Cardiff Oncology names James Levine as CFO - Levine (CRDF) has extensive corporate and investment banking experience in the biotechnology industry, including corporate finance, capital markets and business development. Prior to joining Cardiff Oncology, Levine served as CFO of Cidara Therapeutics (CDTX).
SCYX

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08:09 EDT Scynexis announces three oral presentations on ibrexafungerp - SCYNEXIS announced three oral presentations demonstrating the potential clinical utility of ibrexafungerp at the 31st European Congress of Clinical Microbiology and Infectious Diseases. "Fungal infections worldwide are becoming increasingly drug-resistant and more deadly, leaving patients with limited treatment options. However, we believe that ibrexafungerp has the potential to be effective against many drug-resistant fungal pathogens, like Candida auris, which has capitalized on the crowded hospital conditions created by the COVID-19 pandemic," said Marco Taglietti, M.D., President and Chief Executive Officer of SCYNEXIS. "These presentations continue to build on the positive responses we've seen in both the CARES and FURI studies and support ibrexafungerp's potential to be the treatment option that patients need. We continue to actively enroll patients in both studies." Presentation titled, "EUCAST Ibrexafungerp MICs for contemporary Danish Yeast Isolates" found an in vitro susceptibility analysis of 967 unique yeast isolates from 794 patients found that ibrexafungerp displayed broad activity. Additional analysis demonstrated that ibrexafungerp was active in most strains harboring mutations in the fks gene, commonly associated with echinocandin resistance. The second presentation is titled, "Outcomes of Oral Ibrexafungerp in 33 Patients with Refractory Fungal Diseases, Interim Analysis of a Phase 3 Open-label Study." In an interim analysis by an independent data review committee of 33 patients from the Phase 3 FURI study evaluating ibrexafungerp for the treatment of patients with refractory fungal disease found that 23 patients achieved clinical improvement, defined as complete or partial response. 7 patients maintained stable disease and 0 patients progressed. 3 patients were considered as indeterminate. Overall, ibrexafungerp was well-tolerated, with the most common treatment-related adverse events being gastrointestinal in nature. The third presentation is titled, "Outcomes of Oral Ibrexafungerp in the Treatment of Ten Patients with Candida auris Infections, from the CARES Study." This reviews an interim analysis by an independent data review committee of 10 patients from the global Phase 3 CARES study evaluating ibrexafungerp for the treatment of patients with invasive candidiasis or candidemia due to Candida auris found that 8 patients had a complete response. One patient was considered indeterminate, and one patient died of other causes.
TTCF KR

Hot Stocks

08:08 EDT Tattooed Chef to launch in Kroger stores nationwide - Tattooed Chef, Inc. (TTCF) announced it expects to launch its branded products across multiple categories in approximately 1,800 Kroger (KR) stores nationwide later this summer. By September, shoppers can find a variety of Tattooed Chef's plant based offerings including pizzas, entree bowls, and vegetables in nearly every Kroger. A total of 12 SKU's will be rolled out nationally.
CRDF ALXO

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08:07 EDT Cardiff Oncology names Katherine Ruffner, M.D., as Chief Medical Officer - Cardiff Oncology (CRDF) announced the appointment of Katherine Ruffner, M.D., as chief medical officer. Ruffner has over 25 years of clinical care, oncology biotechnology, and pharmaceutical drug development experience. Most recently, Dr. Ruffner served as vice president, clinical development for ALX Oncology (ALXO).
BEEM

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08:07 EDT Beam Global seeks to set record for electric aircraft - Beam Global will power the longest flight ever in a production electric aircraft powered entirely by off-grid renewable energy. The multi-leg quest starts and ends in Fresno and culminates with a media event at Fresno Chandler Executive Airport Saturday July 17, proving zero emission aviation is not only possible, it's here. Members of the media are invited to attend the record-setting touchdown July 17 and the stops along the way to explore the plane while it is charging on the tarmac. The stops include Fresno, Madera, Merced, Modesto, Lodi and Sacramento, with the return trip in reverse. Pilot Joseph Oldham, Founder and CEO of New Vision Aviation and a Central Valley native and Beam Global CEO Desmond Wheatley will be available for interviews. As the momentum behind the electrification of transportation continues to grow, this world record attempt will highlight the coming revolution of air travel and the Made in America tools ushering in a new era of clean transportation led by California. Governor Gavin Newsom has even dedicated a portion of the proposed 2021 state budget to mitigating the dangers posed by climate change, including efforts to prioritize zero-emission transportation.
EMR

Hot Stocks

08:07 EDT Emerson Electric to sell Daniel Measurement and Control Business to Turnspire - Emerson announced an agreement to sell its Daniel Measurement and Control Business to Turnspire Capital Partners. Daniel's ultrasonic flowmeter and fiscal transfer system businesses are not included in the transaction. Daniel has been providing fiscal flow and energy measurement to the oil and gas industry for more than 85 years. This sale demonstrates Emerson's strategic priority to focus its portfolio and management attention on data-rich, software-enabled technologies in diversified and high growth end markets. The transaction is expected to close in Emerson's FY21 and includes all of Daniel's brand rights, facilities, intellectual property and personnel. Emerson will work closely with Turnspire to ensure a transition for customers and employees.
BAH

Hot Stocks

08:06 EDT Booz Allen makes strategic investment in Latent AI - Booz Allen Hamilton announced that it has made a strategic investment in Latent AI. Particularly for defense organizations, the ability to deploy and run AI/ML models at the tactical edge is critical to achieving situational awareness, and AI is an increasingly essential component of mission success. Latent AI technologies simplify and accelerate traditional AI workflows, from model training and optimization to enhancing the way AI models are deployed, for more robust, efficient, and agile Internet of Things IoT applications that improve user adoption and mission impact..."This investment enhances the ability of both Latent AI and Booz Allen to meet the evolving needs of clients, particularly in deploying algorithms to the edge to prevail in the future digital battlefield," said Brian MacCarthy, Booz Allen vice president and founder of the firm's Tech Scouting group based out of San Francisco since 2015. "Sitting at the intersection of technology and mission, Booz Allen can help dual-use emerging tech companies connect the most innovative, advanced solutions to government's critical mission requirements."
CDTX

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08:05 EDT Cidara Therapeutics presents new analyses from Rezafungin studies - Cidara Therapeutics announced new analyses from multiple studies of rezafungin, Cidara's novel, once-weekly echinocandin, under investigation in Phase 3 development for the treatment of candidemia and invasive candidiasis and prevention of invasive fungal infections, at the 31st European Congress of Clinical Microbiology and Infectious Diseases. Cidara's oral presentation discusses new efficacy data from a sub-analysis of the previously completed STRIVE Phase 2 trial. The scientific program includes three e-Posters on rezafungin and real world echinocandin use. Cidara's oral presentation, titled "Analysis of Efficacy from STRIVE Phase 2 Trial of Rezafungin Treatment of Candidemia and/or Invasive Candidiasis: Outcomes During Initial Days of Treatment," highlights a new sub-analysis from the STRIVE Phase 2 trial examining efficacy outcomes in the initial days of rezafungin treatment versus standard of care treatment with caspofungin. Key highlights include: The percentage of patients with negative blood culture at 24 and 48 hours was higher in the rezafungin group than in the caspofungin group, as were rates of mycological cure and overall success at Day 5. There was a statistically significant difference in the time to negative blood culture between rezafungin and caspofungin in patients with more aggressive infection, as defined by a positive blood culture between 12 hours before and 72 hours after enrollment. In the STRIVE trial, in more than 200 patients enrolled, safety and tolerability findings were comparable between treatments, consistent with the established safety profile of the echinocandin class. The ongoing Phase 3 ReSTORE trial will further contribute to the safety and efficacy database on rezafungin. STRIVE was an international, multicenter, double-blind, trial evaluating the safety, tolerability and efficacy of once-weekly intravenous dosing of rezafungin compared to once-daily dosing of caspofungin in patients with candidemia and/or invasive candidiasis. Key findings from Cidara's three e-Poster presentations are summarized below. Title: Analysis of Safety from STRIVE Phase 2 Trial of Rezafungin Treatment of Candidemia and/or Invasive Candidiasis: Assessment of Adverse Events and Laboratory Values: Additional safety endpoints, including liver function tests, were evaluated in patients with candidemia and/or invasive candidiasis treated with rezafungin once-weekly compared with caspofungin once daily. Data demonstrate comparable safety of rezafungin to caspofungin in patients with candidemia and/or invasive candidiasis. Title: Development and validation of a modified EUCAST yeast broth microdilution MIC method for rezafungin to mitigate nonspecific binding through incorporation of Tween20: Modified EUCAST yeast susceptibility testing method for rezafungin diminished variability without impacting the ability to differentiate fks mutant strains. If successfully validated, rezafungin use would be enabled in this standardized broth-based antifungal susceptibility testing methodology. Title: A Multicenter Pharmacoepidemiologic Evaluation of Echinocandin Use: Analysis of real-world echinocandin use, across 20 U.S.-based hospitals, in 1,665 patients with positive Candida culture, showed that a significant proportion of echinocandin courses started during hospitalization and continued after discharge, with outpatient use more common for intra-abdominal related infections and candidemia. Data demonstrated that the main reasons for continuing an echinocandin post hospital discharge were azole non-susceptible Candida and azole toxicity.
DSS

Hot Stocks

08:05 EDT Document Security's Impact Biomedical receives second US patent for Equivir - Impact BioMedical, a wholly owned subsidiary of Document Security Systems, announced it was issued a patent on June 15, 2021, from the U.S. Patent and Trademark Office for its proprietary compound Equivir. This is a follow-up to the release on April 6, 2021, for the allowance of this patent. The compound has displayed positive pre-clinical results that reduce the risk and/or severity attributable to viral infections, specifically Ebola and Rhinovirus. This patent is the second issued to Impact BioMedical for Equivir; the first was issued August 20, 2019, with claims directed to a method of limiting the occurrence of, reducing the risk or severity of, or treating influenza infection. Equivir is believed to function by impeding a virus's ability to infect and replicate in host cells. Taken like a multivitamin, Equivir was specifically designed for ease of rapid accessibility and deployment. Pre-clinical in-vitro success showed Equivir is potentially useful for pandemics and viral outbreaks against SARS-COV2, Influenza, Ebola, Cholera, and Rhinovirus. Impact BioMedical reports that it has a third Equivir patent pending which contains claims directed to a method of limiting the occurrence of, reducing the risk or severity of, or treating other viral infections. Impact BioMedical has also completed a research study which evaluated the potential effectiveness of Equivir in in-vitro studies inhibiting viral infections including SARS-COV2.
ESTA

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08:04 EDT Establishment Labs CFO Renee Gaeta to step down, Raj Denhoy named interim CFO - Establishment Labs announced that Renee Gaeta will step down from her position as CFO for another opportunity outside of the company, effective July 30 and following the planned release of the company's Q2 results. Raj Denhoy, head of strategy and investor relations, has been named interim CFO effective upon Gaeta's departure.
LBAI FCCY

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08:03 EDT Lakeland Bancorp to acquire 1st Constitution Bancorp - The Boards of Directors of Lakeland Bancorp (LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (FCCY), the parent company of 1st Constitution Bank, announced today that they have entered into a definitive Agreement and Plan of Merger, under which Lakeland will acquire 1st Constitution. The combined organization will have approximately $9.6 billion in assets and will rank as the 5th largest bank headquartered in New Jersey. The merger brings together two high-performing companies with complementary geographies and business lines. Lakeland will acquire all of the outstanding shares of 1st Constitution in exchange for common shares of Lakeland and will cash out outstanding 1st Constitution options. The exchange ratio will be fixed at 1.3577 Lakeland shares for each 1st Constitution share, resulting in an aggregate transaction value of approximately $244.4 million, or $23.53 per share, which represents a 14% premium over the closing sale price per share of 1st Constitution common stock on July 9, 2021. The Merger Agreement has been unanimously approved by the Boards of Directors of both companies. The merger is expected to close in the fourth quarter of 2021 or early first quarter 2022, subject to satisfaction of customary closing conditions, including receipt of required regulatory approvals and approval by the shareholders of Lakeland and 1st Constitution. In the transaction, 1st Constitution will merge into Lakeland, and 1st Constitution Bank will merge into Lakeland Bank, with Lakeland and Lakeland Bank being the surviving entities. Key Transaction Highlights: Continues Lakeland's opportunistic acquisition growth and positions the Company to efficiently cross the $10 billion asset threshold in the future. Provides Lakeland with entry into attractive new markets in Mercer, Middlesex and Monmouth counties and enhances our presence in Ocean and Bergen counties in New Jersey. 1st Constitution residential mortgage business enhances non-interest income. Strong cultural fit that combines two organizations with like-minded commitments to customers, communities and stockholders. Key Financial Highlights: Strong earnings accretion: Approximately 10% accretive to Lakeland's earnings per share. Achievable cost savings assumption of 44% or approximately $18 million in 2022. Reasonable tangible book value dilution: Approximately 3.9% dilutive to tangible book value per share at closing. Tangible book value earnback period projected to be approximately 3.3 years using the crossover method. Compelling economics with anticipated internal rate of return over 20%. Pro forma combined company with total assets of $9.6 billion, total loans of $7.4 billion, and deposits of $8.2 billion 1st Constitution's directors and executive officers, who beneficially own in the aggregate approximately 13.2% of 1st Constitution's outstanding shares, have signed voting agreements pursuant to which they have agreed to vote their shares in favor of the holding company merger.
PENN

Hot Stocks

08:03 EDT Penn National to open Hollywood Casino York on August 12th - Penn National Gaming announced that it expects to open Hollywood Casino York to the public on Thursday, August 12th, at Noon, pending final customary regulatory approvals. Located in the York Galleria Mall in Springettsbury Township, the Category 4 casino represents Penn National's third facility in Pennsylvania, joining Hollywood Casino at Penn National Race Course in Grantville and The Meadows Racetrack & Casino in Washington. A fourth property, Hollywood Casino Morgantown, is scheduled to open later this year. "The countdown to our grand opening begins today," said Ruben Warren, Vice President and General Manager for Hollywood Casino York. "We're very excited to soon welcome patrons to this beautiful new property, where they'll be able to experience premier gaming, dining and entertainment." The roughly 80,000 square foot facility will feature approximately 500 slot machines and 24 table games, with capacity for up to 750 slot machines and 40 table games. Hollywood Casino York will also offer a Barstool Sportsbook and race book; Diner & Drinks, a casual restaurant and bar; and the Classic Grill grab-and-go eatery.
PAE

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08:03 EDT PAE awarded $30M task order on Contract Field Team Maintenance Services Contract - PAE was awarded a task order on the Contract Field Teams' Maintenance Services Contract for aviation maintenance and logistics supporting the U.S. Army's 1106th Theater Aviation Sustainment Maintenance Group in Fresno, California. The task order is valued at up to $30M if all options are exercised. The work has a base period through June 2022 that may be extended to June 2024 through two one-year options. On the contract, PAE will provide automated logistics support, maintenance and repair of U.S. Army aircraft and equipment in the 1106th TASMG support region and services for the Army's National Maintenance Program.
PTE

Hot Stocks

08:03 EDT PolarityTE receives notice of allowance from CNIPA for MPFU-related patent - PolarityTE announced that the China National Intellectual Property Administration, or CNIPA, issued a Notification of Allowance for Chinese Patent Application No. 201580075326.3. The allowed claims relate to skin-regenerative compositions utilizing PolarityTE's minimally polarized functional unit, or MPFU, technology as well as methods of making a skin-regenerative composition utilizing the MPFU technology. Of note, China recently adopted a new law for patent term extension of up to five years to compensate for the time taken for review and approval of a new drug or biologic for marketing, where the total patent term from the approval date of the new drug or biologic shall not exceed 14 years. This most recent allowance further demonstrates the company's steady march forward in acquiring patent rights on a global scale and brings the company's total number of allowed and granted utility patents worldwide to 12, 10 abroad and two in the United States. The company continues to pursue additional patent applications in the United States and abroad related to its regenerative technologies, including SkinTE.
EMR

Hot Stocks

08:01 EDT Turnspire Capital to acquire Daniel business from Emerson Electric - Turnspire Capital Partners announced that an affiliate has signed a definitive agreement to acquire the Daniel Measurement and Control business from Emerson Electric Co. The transaction includes all of Daniel's brand rights, facilities, intellectual property and personnel. Emerson's fiscal & custody transfer systems and ultrasonic flowmeter businesses are not included in the transaction. Completion of the transaction is expected in the third quarter and is subject to customary closing conditions and approvals.
LPI

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07:59 EDT Laredo Petroleum announces offering of senior notes - Laredo Petroleum announced that it intends, subject to market conditions, to offer $400M in aggregate principal amount of senior unsecured notes due 2029 in a private offering to eligible purchasers. The Company intends to use the net proceeds from the offering, if completed, for general corporate purposes, including, repaying a portion of the borrowings outstanding under the Company's senior secured credit facility.
FCCY

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07:55 EDT First Constitution Bancorp trading halted, news pending
ARTH

Hot Stocks

07:52 EDT Arch Therapeutics appoints Dan Yrigoyen as VP, sales - Arch Therapeutics announced that Dan Yrigoyen has joined the organization as Vice President of Sales. Yrigoyen will lead the Company's national commercialization effort with a focus on revenue generation and channel development. Most recently, Yrigoyen served as Vice President, Sales & Channel Distribution for Medela, Inc., a global medical device company.
GOL

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07:49 EDT Gol Linhas sees Q2 passenger unit revenue down 17% y/y - Passenger unit revenue for the 2Q21 is expected to be approximately 17% lower year-over-year. GOL anticipates unit revenue to be 33% lower when compared to 2Q20. Daily sales ended the quarter at around R$21M, representing a 200% increase over the end of 1Q21. At 85%, GOL's load factor continues to effectively match supply with demand. Non-fuel unit costs (CASK ex-fuel) for 2Q21, excluding non-operating and non-recurring expenses, are expected to decrease approximately 55% compared to 2Q20 reported CASK ex-fuel, primarily due to four times higher ASKs and the 1% appreciation of the Brazilian Real versus the US dollar. Fuel unit costs are expected to increase by approximately 54% year-over-year, mainly due to an 82% increase in the average fuel price, partially offset by the higher fuel efficiency consumption of MAX aircraft and by the BRL appreciation versus USD. GOL plans to increase its 3Q21 capacity by approximately 80% over 2Q21, in anticipation of stronger seasonal demand.
VRUS

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07:46 EDT Verus International CEO says company at 'pivotal point' in turnaround - CEO Andy Dhruv is pleased to provide the following update: "Those of you who have spoken with me know that I am frank and to the point, so today's update will feature that tone. When I took over Verus just four and a half months ago, I came to a company that seemed to have a cloud over its head that would not go away. As Verus experienced closures by its key customers, suppliers, and transportation lines during long stretches of 2020 due to the pandemic, I arrived here with no illusions about the difficult decisions that would be necessary in the early stages of this turnaround. I had a very well-defined road map to return this company to health and to regain a significant amount of shareholder value. That plan included stabilizing the debt, rationalizing current costs and future commitments by rightsizing the operations, and adding new high margin product lines, with a fourth stage to include some pre-arranged M&A. I have largely completed the first three of these action items as I enter month five of my plan...What I did not anticipate, just two months into my tenure, was the filing of shake down lawsuits, which have been accompanied by a drumbeat of more than 50 negative press releases in the last two months. Those of you who know how this game is played understand these short-seller-style tactics, but it is nonetheless disconcerting to investors and partners to be subjected to this kind of unrelenting attack. The sad irony for Verus is that these copycat lawsuits have hurt existing shareholders significantly by delaying our pre-arranged M&A track into the future. While the company fights these lawsuits, this scenario forced me to take a different fork in the road, the one that led to a much longer and harder journey where I must organically grow our way back to health. I begrudgingly committed to that path months ago, starting with some new product lines and with some trade show help selling from our distributor's booths to create demand. I typically leave every trade show with significant orders in hand, so these shows are the lifeblood of our growth. We are very excited to be attending the upcoming Champs show in Las Vegas, Nevada at the end of this month, where we will have our products displayed with one of our major distributors. If history stays true to form, we expect to have an even larger backlog following this event, which is our current conundrum, as we have far more orders than we can currently produce due to working capital constraints." The Company is at a pivotal point in our turnaround where obtaining working capital is essential, in order to convert our growing demand into a cycle of quick turnaround orders that can rebuild our balance sheet and fund future growth. Our backlog is almost exclusively for products with payment terms of two weeks or less and margins at least two to three times higher than our traditional food business, so the path to improved financials is now visible. In our most recent quarter, our gross margin reached 23%, 1,100 basis points higher than the 12% generated as recently as Q4 2020."
TTE DCRB

Hot Stocks

07:45 EDT Hyzon Motors expands hydrogen mobility partnership with TotalEnergies - Hyzon Motors announced it has signed a memorandum of understanding with TotalEnergies through its Marketing & Services division. The MoU reinforces the two companies' shared commitment to evaluate and develop hydrogen refueling and vehicle supply solutions for long-haul transport to customers across Europe. Hyzon and TotalEnergies aim to make it easier for fleet owners to transition to renewable hydrogen fuel by combining their existing infrastructure and technology. TotalEnergies, which operates over 15,500 service stations globally, and Hyzon, a leading supplier of hydrogen fuel cell-powered trucks, already have hydrogen refueling stations and hydrogen-powered vehicles in operation, respectively. A first concrete operational step is the announcement of the signature of an additional MoU between Hyzon and TotalEnergies, this time through its French affiliate TotalEnergies Marketing France, which oversees its service-stations network and new mobilities solutions in France. Under this second MoU, the companies will collaborate on developing ecosystems and will secure by 2023 the production of 80 hydrogen fuel cell-powered trucks for TotalEnergies' French customers.
VRUS

Hot Stocks

07:45 EDT Verus signs third U.S. distributor for Pachyderm CBD, Waffles lines - Verus International announced that it has signed its 3rd U.S. distributor for its Pachyderm CBD and Waffles hemp-based product lines. The company said, "The Company continues to see increasingly strong demand for these lines, with a growing backlog of orders in both product categories. Verus is currently in the process of building out its U.S. sales in an effort to increase its access to working capital."
CBWTF

Hot Stocks

07:40 EDT Auxly Cannabis announces summer product line-up - Auxly Cannabis Group is excited to present its product line-up for a summer season filled with brand-new offerings and flavours across multiple categories, including dried flower, vapes, edibles, oil, capsules and concentrates. Here's a look at the new products Canadian cannabis consumers can look forward to this summer from Auxly's in-house brands Kolab Project, Back Forty, Foray and Dosecann. More information about these product launches will be announced over the coming weeks. The following products will be available across Canada. Flower & Pre-rolls: Back Forty Animal Mints and Wedding Pie flower. Organically grown, Animal Mints and Wedding Pie are strains with high THC potencies. Back Forty 40s pre-rolls. 40s are machine-rolled straight joints manufactured with state-of-the-art pre-roll technology for a consistent, quality pre-roll that burns evenly with enhanced airflow and flavour. Kolab Project x Robinsons Growers Series Purple Kush. This summer crossover sees Robinsons' heavy hitting Purple Kush joining the popular Kolab Project Growers Series. Edibles: Kolab Project 132 Series Live Resin Black Cherry Punch soft chew. A broad-spectrum experience, Canada's first live-resin soft chew includes aromatic Black Cherry Punch live resin with cherry and floral undertones. Back Forty S'mores chocolate. Back Forty's first edible captures the iconic Canadian campfire treat by combining the flavours of marshmallow, graham crackers and, of course, chocolate. Kolab Project 232 Series maximizes the flavour and natural expression of the plant for a true-to-strain experience across multiple categories. This summer, Kolab Project puts Slurricane in the spotlight in the following categories: Vapes: 1g Live Terpene 510 vape cartridge. Slurricane joins Ice Cream Cake and Black Cherry Punch - both newly launched in the Ontario market. Concentrates: Fans of Kolab Project's best-selling THCA Diamonds will be excited to learn that the brand is issuing a new installment with the Slurricane strain. oils & Capsules: Dosecann expands its offerings featuring Auxly's exclusive, proprietary Ahiflower Seed Oil and CBD this summer. CBD Omega Lemon Lavender oil and CBD 50 Omega capsules combine high-potency, broad-spectrum cannabinoids with Ahiflower for a sustainably sourced, plant-based, non-GMO source of essential Omega 3 and 6. In addition to the above national product launches, Auxly is making the following unique edible products available to select provinces. More information about the distribution of these products will be announced in coming weeks: Back Forty Sour Grape and Sour Cherry soft chews. These vegan soft chews join S'mores as the inaugural edibles for Back Forty, in flavours that recall simpler times. Foray Strawberry Milkshake White Chocolate. Strawberry Milkshake White Chocolate is a fresh take on an old-fashioned favourite, perfectly blended to create and rich and creamy mouthfeel, bursting with delicious berry flavour and notes of white chocolate.
HUYA...

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07:38 EDT Huya announces termination of merger pact with DouYu - Huya (HUYA) announced that according to the announcement posted by the State Administration for Market Regulation of the People's Republic of China on July 10, the SAMR decided to prohibit the proposed merger between Huya and DouYu International Holdings Limited (DOYU) following SAMR's antitrust review. Huya fully respects and will abide by the SAMR Decision, and will comply with all regulatory requirements, and conduct its businesses in accordance with the applicable laws and regulations. In light of the SAMR Decision, on July 12, Huya, Tiger Company Ltd., a wholly owned subsidiary of Huya, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings Limited (TCEHY), entered into a termination agreement, pursuant to which the Agreement and Plan of Merger, dated October 12, 2020, by and among the same parties, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant thereto, were terminated with immediate effect. Huya previously announced that, in accordance with the terms of the Merger Agreement, its board of directors approved a cash dividend in an aggregate amount of $200M to be paid on or around the date of the closing of the Merger and in no event later than 20 days after the closing of the Merger to the holders of ordinary shares of Huya whose names appear on Huya's register of members as of the close of business on certain record date after the date when the required DouYu shareholder approval is obtained and prior to the closing of the Merger. In consideration of the termination of the Merger, Huya's board of directors approved the cancellation of the Cash Dividend. Concurrently, Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited, and affiliates of Rongjie Dong entered into a termination agreement on July 12, pursuant to which the Share Transfer Agreement, dated October 12, 2020, by and among the same parties with respect to the purchase by Linen of 1,970,804 Class B ordinary shares of Huya from affiliates of Rongjie Dong, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant thereto, were terminated with immediate effect.
WPDPF

Hot Stocks

07:36 EDT WPD Pharmaceuticals announces WPD Poland arranges loans - WPD's subsidiary in Poland, WPD Pharmaceuticals sp. z.o.o. has arranged to borrow up to $150,000 from each of two companies, each of which are controlled by insiders. The loans bear interest at 10% per annum and mature on April 2, 2022. The loans are not convertible to shares. The insider loans are exempt from the valuation and minority shareholder approval requirements of MI 61-101 by virtue of the exemptions contain in section 5.5(a) and 5.7(a) of MI 61-101 in that the fair market value of the consideration of the notes to be issued to each of the insiders does not exceed 25% of WPD's market capitalization.
WPDPF CNSP

Hot Stocks

07:35 EDT WPD says CNS Pharmaceuticals receives Fast Track Designation for berubicin - WPD Pharmaceuticals (WPDPF) announced that CNS Pharmaceuticals (CNSP), the company that licenses the drug candidate Berubicin to WPD for 29 countries mainly in Europe, announced that the U.S. Food and Drug Administration granted Fast Track Designation for its lead investigational drug, Berubicin, for the treatment of patients with recurrent glioblastoma multiforme. As previously reported, CNS had also received Orphan Drug Designation from the FDA for Berubicin for the treatment of patients with recurrent GBM. CNS recently announced the start of patient enrollment in its study of Berubicin for the treatment of recurrent glioblastoma multiforme. WPD would significantly benefit from advancement of Berubicin as a treatment for GBM as it has the rights to produce and sell the drug candidate in 29 countries.
REAX

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07:34 EDT The Real Brokerage Inc. announces forward share split - The Real Brokerage announced it will forward split all of its issued and outstanding common shares on the basis of four post-split common Shares for each one pre-split common share. Real's board of directors approved the Share Split to return to Real's share capitalization prior to the 4:1 share consolidation that took place on June 1 for the sole purpose of facilitating the listing of the Common Shares on the Nasdaq Capital Market. After receiving feedback from various stakeholders, Real is of the view that having a larger number of Common Shares outstanding as a result of the Share Split would have a positive impact on the company's ability to attract, retain and reward real estate agents.
XELA

Hot Stocks

07:34 EDT Exela Technologies expands offering of robotic processing platform with IDP - Exela Technologies expands its offering in AI-enabled automation in the BPA space with Intelligent Document Processing, or IDP, combined with its robotic process automation platform, known as EON. This industry leading automation solution is deployed in the healthcare and public sector and further cements Exela as one of the leaders in the industry. "IDP enables the automation of document classification, data extraction and data routing into a cloud or on-premise hosted service portal that provides a containerized, dynamically scaling solution that can be accessed from anywhere on-demand. Using the IDP system, Exela has begun leveraging an extensive and growing library of machine learning based classifiers that significantly augment the automation of document processing in the healthcare and public sector and has plans to ramp up projects in the finance and legal sectors soon," the company said. In addition, EON can automate simple or complex workflows to achieve efficiency and accuracy gains, as well as free up human capital for higher-value uses. EON provides automation for both attended and unattended automation deployments.
TMDI

Hot Stocks

07:32 EDT Titan Medical appoints Stephen Lemieux as the CFO - Titan Medical announced the appointment of Stephen Lemieux as the Chief Financial Officer of the Company. Lemieux has more than 18 years of experience working in Nasdaq and TSX listed companies primarily focused in the health care industry. Mr. Lemieux has been involved with or led numerous debt and equity financings, licensing and M&A transactions valued at over $400 million. Previously, Mr. Lemieux served as Chief Financial Officer and Secretary of NeuPath Health. Mr. Lemieux is a Chartered Professional Accountant and holds a Master of Management & Professional Accounting degree from the University of Toronto.
D...

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07:32 EDT Dominion, Berkshire Hathaway Energy to terminate sale of Questar Pipelines - Dominion Energy (D) and Berkshire Hathaway Energy, an affiliate of Berkshire Hathaway (BRK.A, BRK.B), announced they have agreed to terminate the planned sale of Questar Pipelines to Berkshire Hathaway Energy. The decision is a result of ongoing uncertainty associated with achieving clearance from the Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Termination of the sale, effective July 9, 2021, was a potential outcome provided for in the agreement to sell Questar Pipelines. The decision has no impact on the sale of gas transmission and storage assets to Berkshire Hathaway Energy completed in November 2020. That sale represented approximately 80% of the original transaction value. Dominion Energy is commencing a competitive process for the sale of Questar Pipelines, with a target close of year-end 2021. This announcement does not change Dominion Energy's existing financial guidance. Dominion Energy will continue to account for Questar Pipelines as discontinued operations. Dominion Energy intends to enter into a 364-day term loan. The company will use proceeds from the loan to repay the approximately $1.3B transaction deposit made by Berkshire Hathaway Energy. That loan is expected to be repaid by year-end 2021 with proceeds from the sale of Questar Pipelines to an alternative buyer.
NEPH

Hot Stocks

07:32 EDT Nephros announces acquisition of GenArraytion - Nephros announced that it has acquired substantially all of the assets of Rockville, MD-based GenArraytion. This acquisition will give Nephros access to GenArraytion's many proprietary assays, multiplexing technology, and selection methods for detecting waterborne pathogens and other microorganisms using Polymerase Chain Reaction technology. GenArraytion's assets will be integrated into the Nephros Pathogen Detection Systems platform. "The strategic acquisition of GenArraytion further cements our position in the emerging PCR testing market for waterborne pathogens, expanding our abilities to detect and mitigate the spread of infectious disease in premise plumbing," said Andy Astor, Chief Executive Officer of Nephros. "In addition to acquiring GenArraytion's MultiFLEX(R) Bioassays and other technologies, Dr. R. Paul Schaudies, GenArraytion's Chief Executive Officer, will partner with our own Dr. Kimothy Smith, Vice President of Pathogen Detection Systems. Working together, our unified organization will provide customers the ability to use on-site testing with fast, accurate, and actionable data as part of their water management programs."
BARK

Hot Stocks

07:23 EDT Original Bark Company appoints Nari Sitaraman as CTO - The Original Bark Company announced that Nari Sitaraman, who brings over 20 years of retail and consulting experience across technology strategy, engineering, and product management, has joined Bark as CTO. In this role, he is responsible for advancing Bark's technology and data driven culture. Prior to joining Bark, Sitaraman served as the CTO at Crate and Barrel., where he oversaw all aspects of technology and helped evolve the digital business to be greater than 65% of overall revenues.
NNOX

Hot Stocks

07:18 EDT Nanox signw MSaaS pact for deployment of 1,000 Nanox systems in Nigeria - NANO-X IMAGING LTD enters the West African market, signing an exclusive distribution deal with EiLEENO Pharma to deploy Nanox's medical imaging services in Nigeria. The Nanox System is composed of the Nanox.ARC, a medical imaging system incorporating a novel digital X-ray source, and the Nanox.CLOUD, a companion cloud-based software designed to provide an end-to-end medical imaging service that is expected to include image repository, radiologist matching, online and offline diagnostics review and annotation, connectivity to diagnostic assistive artificial intelligence systems, billing, and reporting. Subject to regulatory approval, Nanox and EiLEENO Pharma will collaborate on the deployment and operation of 1,000 Nanox Systems comprised of the Nanox.ARC and the Nanox.CLOUD; all designated to improve the standard of care in Nigeria via significantly increased availability of medical imaging for the benefit of patients across the country. According to the agreement and subject to regulatory approval, EiLEENO Pharma will commit to a minimum annual service fee to Nanox. The agreement has an initial term of four years and is renewable for an additional term of four years with both parties' mutual consent. "We are very excited to sign the unique MSaaS agreement with NANOX, to deploy medical imaging systems and ensure services for healthcare facilities across the country," said Edward Egede, Managing Director and CEO of EiLEENO Pharma.
NFG NEX

Hot Stocks

07:18 EDT Seneca Resources, NexTier Oilfield collaborate on emissions testing - Seneca Resources Company, the exploration and production segment of National Fuel Gas Company (NFG), and NexTier Oilfield Solutions (NEX) announced their intent to pioneer an innovative study evaluating the carbon emissions generated by various types of equipment commonly used for hydraulic fracturing of oil and natural gas wells. The results of this study are expected to provide the industry with a comparative insight on the emissions profile of these technologies, including those utilizing Tier 2 diesel and dynamic gas blending engines, Tier 4 diesel and DGB engines, natural gas-powered turbine engines, and electric frac equipment powered by natural gas-fueled reciprocating engines. This carbon emissions assessment is expected to be the most comprehensive testing of real-time well stimulation operations performed within the industry to date, with independent third-party testing to be performed for each of these technologies during Seneca's field operations. The planned emissions testing will follow EPA-recommended procedures, with the equipment and completions solutions to be operated by NexTier.
DOYU...

Hot Stocks

07:17 EDT DouYu announces termination of merger agreement with Huya - DouYu International Holdings (DOYU) announced that on July 10, the State Administration for Market Regulation of the People's Republic of China, or the SAMR, posted an announcement of its decision to prohibit the proposed merger between Huya (HUYA) and DouYu International Holdings Limited following SAMR's antitrust review. DouYu fully respects and will abide by the SAMR Decision, and will comply with all regulatory requirements, conduct its businesses in accordance with the applicable laws and regulations, and fulfill its social responsibilities. In light of the SAMR Decision, on July 12, 2021, Huya, Tiger Company Ltd., a wholly owned subsidiary of Huya, DouYu, and Nectarine Investment Limited, a wholly owned subsidiary of Tencent Holdings (TCEHY) entered into a termination agreement, pursuant to which the Agreement and Plan of Merger, dated October 12, 2020, by and among the same parties, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant thereto, were terminated with immediate effect. DouYu and Tencent entered into a termination agreement, dated July 12, 2021, pursuant to which the Reassignment Agreement, dated October 12, 2020, by and between DouYu and Tencent, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant thereto, were terminated with immediate effect. DouYu previously announced that, in accordance with the terms of the Merger Agreement, its board of directors approved a cash dividend in an aggregate amount of $60M to be paid on or around the date of the closing of the Merger and in no event later than 20 days after the closing of the Merger to the holders of ordinary shares of DouYu whose names appear on DouYu's register of members as of the close of business on certain record date after the date when the required DouYu shareholder approval is obtained and prior to the closing of the Merger. In consideration of the termination of the Merger, Douyu's board of directors approved the cancellation of the Cash Dividend. Concurrently, Tencent and Mr. Shaojie Chen entered into a termination agreement on July 12, 2021, pursuant to which the Share Transfer Agreement, dated August 13, 2020, by and among the same parties with respect to the purchase by Tencent of 3,703,704 ordinary shares of DouYu from an affiliate of Shaojie Chen, including all schedules and exhibits thereto, and all ancillary agreements contemplated thereby or entered pursuant thereto, were terminated with immediate effect.
VECT...

Hot Stocks

07:16 EDT Vectivbio nominates Paul Carter, Murray Stewart to board of directors - VectivBio Holding AG (VECT) announced it has nominated Paul Carter and Murray Stewart, DM, FRCP, for election as Independent Non-Executive Directors on its Board of Directors. Paul Carter served in senior executive roles for a decade at Gilead Sciences (GILD), most recently as Executive Vice President of Commercial Operations, leading Gilead's launch and commercialization efforts globally. Murray Stewart, DM, FRCP, is the Chief Medical Officer of Rhythm Pharmaceuticals (RYTM), a biopharmaceutical company focused on the treatment of rare genetic disorders of obesity, and guided Imcivree to FDA approval in November 2020. An Extraordinary General Meeting of shareholders will be held on September 2, 2021, at 2:00 p.m. CEST / 8:00 a.m. EDT. The sole agenda item of the EGM will be the election of Mr. Carter and Dr. Stewart as new members of the Board of Directors. The invitation, which will contain the proposals and further details on the EGM, will be published in due course.
OFIX

Hot Stocks

07:15 EDT Publication data show 'high fusion rate' with PEMF therapy using Orthofix device - Orthofix Medical announced the publication of retrospective data evaluating fusion rates in patients receiving three- and four-level lumbar arthrodesis surgery who were treated adjunctively with the SpinalStim bone growth therapy device. Illustration of the Orthofix SpinalStim Bone Growth Therapy device for patients recovering from lumbar fusion surgery. Published in The International Journal of Spine Surgery, the study results show a 92.7% fusion rate in patients with and without risk factors such as diabetes, obesity, tobacco use, advanced age and osteoporosis - conditions that have been linked to higher rates of nonunion or bone healing complications. "We set out to evaluate the success rate of Pulsed Electromagnetic Field Stimulation, PEMF, therapy to demonstrate the efficacy when used as an adjunctive treatment in patients receiving three- and four-level lumbar fusion surgery," said Dr. Kris Radcliff, Professor of Orthopedic and Neurological Surgery at Thomas Jefferson University. "The fusion rate was very good across all patient types including those who were potentially at high risk of fusion failure. These results reconfirm the benefit PEMF therapy can provide patients when used after multi-level lumbar fusion surgery."
DOYU HUYA

Hot Stocks

07:14 EDT DouYu announces termination of merger agreement with Huya
KHTRF

Hot Stocks

07:14 EDT Knight Therapeutics enters automatic share purchase plan with broker - Knight entered into an automatic share purchase plan with a broker in order to facilitate purchases of its common shares under the NCIB. Under Knight's automatic share purchase plan, Knight's broker may repurchase common shares which it would ordinarily not be permitted to due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by Knight's broker based upon the parameters prescribed by the TSX and applicable Canadian securities laws and the terms of the parties' written agreement. The automatic share purchase plan has been pre-cleared by the TSX and will be implemented effective as of July 14, 2021.
KHTRF

Hot Stocks

07:14 EDT Knight Therapeutics announces normal course issuer bid - Knight Therapeutics announced acceptance by the Toronto Stock Exchange of the Company's Notice of Intention to Make a Normal Course Issuer Bid. Pursuant to the NCIB, the Company proposes to purchase, from time to time over the next 12 months, if considered advisable, up to 10,267,956 common shares of the Company, being approximately 10% of its public float of 102,679,567 common shares, as of June 30, 2021. As of June 30, 2021, there were a total of 125,664,970 common shares issued and outstanding. Purchases may commence on July 14, 2021 and will conclude on the earlier of the date on which purchases under the bid have been completed and July 13, 2022. The Company may purchase up to a daily maximum of 80,015 Shares. The common shares may be purchased for cancellation through the facilities of the TSX or through alternative Canadian trading systems at times and in numbers to be determined by the Company. The Company had previously sought and obtained approval from the TSX to purchase up to 10,856,710 common shares under an NCIB and as at June 30, 2021, the Company has purchased 5,825,689 common shares through the facilities of the TSX and alternative Canadian trading systems at a weighted average price per share of $5.33. The Company's NCIB currently in place will be terminated on July 13, 2021.
NEWA

Hot Stocks

07:13 EDT Newater Technology shareholders approve merger pact - Newater Technology announced that at an extraordinary general meeting, the company's shareholders voted in favor of the proposal to authorize and approve (i) the previously announced merger agreement dated September 29, 2020 by and among Crouching Tiger Holding Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands, Green Forest Holding Limited, a company with limited liability incorporated under the laws of the British Virgin Islands and the company, pursuant to which Merger Sub will merge with and into the company, with the company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent, (ii) the plan of merger required to be filed with the Registrar of Corporate Affairs of the British Virgin Islands, and (iii) the consummation of the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.
CHAQ PASG

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07:12 EDT Renovacor appoints Jiwen Zhang as SVP, regulatory affairs and quality assurance - Renovacor announced the appointment of Jiwen Zhang, Ph.D., as senior vice president, regulatory affairs and quality assurance. She most recently served as vice president, head of regulatory affairs at Passage Bio (PASG), an AAV-based gene therapy company. Renovacor previously announced that it had entered into a merger agreement with Chardan Healthcare Acquisition 2 Corp. (CHAQ), a special purposes acquisition company.
DAN

Hot Stocks

07:11 EDT Dana accelerates greenhouse gas emissions reduction - Dana announced it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas emissions by at least 50% by 2030, ahead of its original target of 2035 that was announced in October 2020. The company has also signed a commitment letter with the Science Based Target initiative to help set the company's future emissions targets. Dana's GHG emissions target for 2030 brings forward the company's commitment to reduce more than 300,000 metric tons of carbon dioxide emissions annually.
VIEW

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07:11 EDT View Inc. smart windows selected for renovation of 100 Pearl Street - View announced its smart windows will be installed at the new overbuild at 100 Pearl Street, a Class-A office tower in Lower Manhattan currently undergoing a top-to-bottom transformation by GFP Real Estate and Northwind Group. 100 Pearl Street is being renovated into a downtown New York City office asset with all-glass penthouses offering 360-degree views across the East River toward Brooklyn and south over New York Harbor to the Statue of Liberty. The design of the double-height, 24-foot all-glass penthouses are made possible by View Smart Windows.
BHC

Hot Stocks

07:10 EDT Bausch Health eye business launches lubricant eye drops, eyelid cleansing wipes - Bausch + Lomb, a global eye health business of Bausch Health announced the U.S. launch of Biotrue Hydration Boost Lubricant Eye Drops and Biotrue Micellar Eyelid Cleansing Wipes. Both products are preservative-free and uniquely formulated with naturally inspired ingredients to relieve symptoms associated with irritated, dry eyes.
VRNOF

Hot Stocks

07:10 EDT Verano Holdings announces launch of Atlas Thrive - Verano Holdings announced the launch of Atlas Thrive - Powered by MUV branded products in collaboration with Canadian partner Atlas Biotechnologies. Powered by MUV patches, gels and tinctures will be available exclusively through Shoppers Drug Mart's online storefront at launch. Verano and Atlas will bring Powered by MUV products to brick-and-mortar stores across Canada with a launch date of transdermal patches at OCS on July 13. The patented MUV products, including fast-acting patches, gels, and tinctures, will be available for purchase online in July for medical cannabis patients in Canada under the Atlas Thrive brand through Shoppers Drug Mart. Shoppers Drug Mart is the largest pharmacy chain in Canada, which is accessible to over 400,000 patients with medical cannabis prescriptions. The Atlas Thrive MUV THC Tincture and 1:1 Transdermal Patch will also be launching through OCS and available to the Ontario market online, and across over 800 retailers, on July 13, with Alberta following suit in August.
AAWW VER

Hot Stocks

07:10 EDT Arch Street Capital, Vereit acquire regional headquarters for Atlas Air - Arch Street Capital Advisors and Vereit (VER) are pleased to announce the acquisition of Atlas Air's 100,000 SF regional headquarters, a mission critical, state-of-the-art, high-quality build-to-suit office facility, strategically located in proximity to the Cincinnati / Northern Kentucky International airport, and the newly developed, three million square foot, global hub for Amazon's Prime Air. The Property is 100% occupied by Atlas Air, a wholly owned subsidiary of Atlas Air Worldwide Holdings (AAWW).
TLRY

Hot Stocks

07:10 EDT ISS recommends Tilray holders vote for all proposals at 'special meeting' - Tilray announced that Institutional Shareholder Services has recommended that Tilray shareholders vote for the company's proposals at Tilray's Special Meeting of Stockholders to be held on July 29. "ISS' endorsement affirms our conviction that the proposals to be voted on at the Special Meeting are in our shareholders' best interests," said Irwin D. Simon, Tilray's Chairman and Chief Executive Officer. "By approving these proposals, our shareholders will be actively participating in Tilray's ability to capitalize on substantial growth opportunities, expand and generate strong performance and, ultimately, drive shareholder value."
HRC

Hot Stocks

07:08 EDT Court rules that Hill-Rom is obligated to complete Bardy Diagnostics acquisition - Hillrom announced that the Delaware Court of Chancery ordered Hillrom to proceed with its proposed acquisition of Bardy Diagnostics, denying Hillrom's claim of a material adverse event under the terms of the acquisition agreement executed by the companies on January 15. Hillrom intends to appeal this ruling to the Supreme Court of Delaware. Hillrom is assessing its strategic options in light of the court's order and confirms that this decision does not have a material impact on the company's previously issued 2021 financial guidance. Following the publication of updated reimbursement rates for the extended Holter cardiac monitoring category by the Medicare Administrative Contractor, or MAC, Novitas Solutions, Hillrom informed BardyDx that a "Company Material Adverse Effect" had occurred under the acquisition agreement and, therefore, closing conditions were not satisfied. After a trial in the Delaware Court of Chancery to address BardyDx's claims against Hillrom, the court found for BardyDx and ruled that Hillrom is obligated to complete the transaction.
SWIM

Hot Stocks

07:08 EDT Latham Group joins U.S. small-cap Russell 2000 Index - Latham Group announced that the Company was added to the US small-cap Russell 2000 Index at the conclusion of the 2021 Russell Indexes annual reconstitution, effective after the U.S. market opened on June 28, 2021.
VS

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07:08 EDT Versus Systems to power in-stadium experience for Cowboy Games & Rodeo - Versus Systems announced that they will be powering live in-stadium experiences and second screen engagement for fans attending the Days of '47 Cowboy Games & Rodeo in Salt Lake City, UT, from July 20 through July 24, 2021. Versus will power the event's interactive games using XEO and the Versus Predictive Gaming Platform. Games, polling and rewarding will be hosted by XEO and will give fans a chance to win prizes up for grabs. During the Rodeo, fans will be able to predict the winner of each event via the Pick the Podium experience, using the Versus Predictive Gaming Platform for all five performances. "We are thrilled to be partnering with The Days of '47 to make the Cowboy Games and Rodeo even more fun for fans," said Matthew Pierce, Founder and CEO of Versus Systems. "Expanding our engagement with The Days of '47, a partner we have worked with for years, demonstrates the unique value that the Versus prizing platform and professional services team can offer to live event organizers. Versus is excited to be a part of The Days of '47, the next stop on the WCRA Triple Crown of Rodeo."
ELMS

Hot Stocks

07:07 EDT Electric Last Mile Solutions in long-term supply pact with Wuling Motors - Electric Last Mile Solutions announced that it has signed a binding, long-term supply agreement with electric cargo van-maker Wuling Motors Under the agreement with Wuling Motors, ELMS will have long-term access to EV component systems and parts from Wuling Motors' commercial EV cargo van platform for the manufacture of the ELMS all-electric Urban Delivery vehicle. 'At ELMS, we are reimagining the design of commercial vehicles as efficient, intelligent and profit-driving e-mobility workstations for our customers," said ELMS Co-Founder and CEO, James Taylor. "We are delighted to be collaborating with a company of Wuling Motors' caliber to broaden our long-term, strategic supply base. We believe that this partnership, as a part of our solutions ecosystem model and supplemental to our core vehicle integration and engineering capabilities, will enable us to quickly bring to market, segment-defining and U.S.-made EVs customized to our customers' individual needs and optimized for the qualities that matter most to them: efficiency, reliability and total cost of ownership." The agreement with Wuling Motors adds to the Company's existing and developing strategic partnerships with other industry-leading suppliers and service providers, including CATL for battery packs, Geotab for advanced telematics, Cox Automotive for comprehensive service coverage and Randy Marion Automotive Group for distribution.
VRNOF

Hot Stocks

07:07 EDT Atlas Biotechnologies announces launch of Atlas Thrive - Atlas Biotechnologies announced the launch of Atlas Thrive - Powered by MUV branded products in collaboration with multi-state American partner Verano Holdings. Powered by MUV patches, gels and tinctures will be available exclusively through Shoppers Drug Mart's online storefront at launch. Atlas and Verano will bring Powered by MUV products to brick-and-mortar stores across Canada with a launch date of transdermal patches at OCS on July 13 and at AGLC in August. The patented MUV products, including fast-acting patches, gels, and tinctures, will be available for purchase online in July for medical cannabis patients in Canada under the Atlas Thrive brand through Shoppers Drug Mart. Shoppers Drug Mart is the largest pharmacy chain in Canada, which is accessible to over 400,000 patients with medical cannabis prescriptions. The Atlas Thrive MUV THC Tincture and 1:1 Transdermal Patch will also be launching through OCS and available to the Ontario market online, and across over 800 retailers, on July 13, with Alberta following suit in August across over 600 more retailers.
PRVB

Hot Stocks

07:07 EDT Provention Bio says teplizumab awarded Innovation Passport for delay of T1D - Provention Bio announced that teplizumab, an anti-CD3 monoclonal antibody, was awarded an Innovation Passport for the delay of clinical type 1 diabetes in at-risk individuals. Teplizumab is one of the first investigational medicines to receive this designation under the United Kingdom's Innovative Licensing and Access Pathway launched by The Medicines and Healthcare products Regulatory Agency in January, 2021.
TRVN

Hot Stocks

07:05 EDT Trevena announces publication of OLINVYK health economic model - Trevena announced the publication of the health economic model for OLINVYK injection in Journal of Comparative Effectiveness Research. The model estimates the budget impact of OLINVYK compared to IV morphine when used on-demand in a hospital setting for postoperative pain. The publication is titled, "Cost-effectiveness and Cost-benefit Analysis of Oliceridine in the Treatment of Acute Pain." As previously announced, the model calculates a significant decrease in total cost of care per 1,000 patients associated with OLINVYK, compared to IV morphine. These cost savings are due to potentially reduced adverse effects for OLINVYK-treated patients, as observed in the Phase 3 pivotal trials, and using AE cost estimates based on government and published literature sources.
PRTA NVO

Hot Stocks

07:05 EDT Novo Nordisk to acquire Prothena's ATTR amyloidosis programme - Prothena Corporation (PRTA) and Novo Nordisk (NOV)) announced that the companies have entered into a definitive purchase agreement under which Novo Nordisk has acquired Prothena's clinical stage antibody PRX004 and broader ATTR amyloidosis programme. PRX004 is a phase 2 ready anti-amyloid immunotherapy designed to deplete the amyloid deposits that are associated with the disease pathology of ATTR amyloidosis. ATTR amyloidosis is a rare, progressive, and fatal disease characterised by the abnormal buildup of amyloid deposits composed of misfolded transthyretin protein in organs and tissues, most commonly the heart and/or nervous system. Prothena has completed a phase 1 study with PRX004 in patients with hereditary forms of ATTR, in which PRX004 was found to be safe and well tolerated. Novo Nordisk will initially focus on the clinical development of PRX004 in ATTR cardiomyopathy - an underdiagnosed and potentially fatal form of ATTR amyloidosis characterised by build-up of amyloid deposits in cardiac tissue. Under the terms of the definitive purchase agreement, Novo Nordisk acquires Prothena's wholly-owned subsidiary and gains full worldwide rights to the intellectual property and related rights of Prothena's ATTR amyloidosis business and pipeline. Prothena is eligible to receive development and sales milestone payments totalling up to $1.2B including $100M dollars in upfront and near-term clinical milestone payments.
CSIQ

Hot Stocks

07:05 EDT Canadian Solar wins first energy storage project in Colombia of 45 MWh - Canadian Solar announced it has been awarded the first utility-scale battery storage project in Colombia of 45 MW / 45 MWh. The project was awarded in the public tender launched by Colombia's Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy Planning Unit. Located in the city of Barranquilla in northern Colombia, this project will consist of a 45 MWh lithium-ion battery energy storage system and is expected to reach commercial operation by June, 2023. The project is granted with a 15-year revenue structure with the Colombian government and is indexed to the country's inflation or producer price index. The Barranquilla project will strengthen the electricity transmission network in the Atlantico Department in northern Colombia and support the government's efforts to prevent future supply deficits. It will also support a greater penetration of renewable energy in the Colombian electricity system by improving the reliability of intermittent sources of energy.
KKR

Hot Stocks

07:04 EDT KKR acquires The District at Scottsdale - KKR announced the acquisition of The District at Scottsdale, a 332-unit Class A residential building. Constructed in 2019, The District in Scottsdale is located in the heart of Scottsdale's lifestyle hub. RPM Living will continue to manage the property. The purchase grows KKR's residential real estate footprint in the Phoenix metropolitan area to more than 2,600 units and approximately $650M of value. Including The District at Scottsdale, KKR has acquired approximately $1.2B of Class A apartments for its core plus real estate strategy over the last 10 months with a focus on dynamic, high-growth markets across the United States.
ELMS

Hot Stocks

07:03 EDT Electric Last Mile Solutions signs long-term supply agreement with Wuling Motors - Electric Last Mile Solutions announced that it has signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry, a supplier of automotive components and one of China's automotive manufacturers of electric cargo vans and light duty specialty vehicles. Under the agreement with Wuling Motors, ELMS will have long-term access to EV component systems and parts from Wuling Motors' commercial EV cargo van platform for the manufacture of the ELMS all-electric Urban Delivery vehicle. "At ELMS, we are reimagining the design of commercial vehicles as efficient, intelligent and profit-driving e-mobility workstations for our customers," said ELMS Co-Founder and CEO, James Taylor. "We are delighted to be collaborating with a company of Wuling Motors' caliber to broaden our long-term, strategic supply base. We believe that this partnership, as a part of our solutions ecosystem model and supplemental to our core vehicle integration and engineering capabilities, will enable us to quickly bring to market, segment-defining and U.S.-made EVs customized to our customers' individual needs and optimized for the qualities that matter most to them: efficiency, reliability and total cost of ownership."
JWN

Hot Stocks

07:03 EDT Nordstrom, ASOS announce joint venture - Nordstrom and ASOS announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands. This investment will help drive the growth of these brands globally, setting the stage for Nordstrom and ASOS to sit alongside a new wider strategic partnership. This innovative partnership will involve unprecedented collaboration and alignment, redefining the traditional retail/wholesale model. Whilst ASOS will retain operational and creative control of the Topshop brands, a shared ownership model will ensure close collaboration between the U.S. retailer and ASOS, driving a stronger future for the iconic Topshop brands worldwide. Nordstrom is a leading multichannel retailer, with unmatched physical and digital reach in North America, operating two powerful brands with over 350 physical stores and sites that attract almost 2 billion annual visits. The retailer has been the exclusive distributer of Topshop and Topman in the U.S. since 2012 when they became the first to bring the brand to the U.S. market. Nordstrom will now have the exclusive multi-channel retail rights for Topshop and Topman in all of North America, including Canada and own a minority stake globally. The retailer will also become the only brick and mortar presence for these brands worldwide. The investment paves the way for the potential of a wider strategic alliance between ASOS and Nordstrom as they seek to leverage their complementary retail models to give even more 20-somethings the confidence to be whoever they want to be. The companies are in discussions to create a multi-channel showcase for a handful of ASOS brands for Nordstrom customers. Customers will also be able to pick up Asos.com orders at Nordstrom and Nordstrom Rack stores this fall.
LVS

Hot Stocks

07:03 EDT Las Vegas Sands announces effort to invest in digital gaming technologies - Las Vegas Sands announced an effort which will see the company become a strategic investor in digital gaming technologies focused primarily in the business-to-business space. As part of this effort, the company is building a digital gaming investment team, which will be led by Davis Catlin. Catlin is joining Sands after fourteen years with an investment firm. "Sands is determined to grow its leadership position within the industry and is committed to doing that through strategic steps we think best position the company for future growth," said Robert Goldstein, the company's chairman and chief executive officer. "Digital gaming and other related offerings are still very much in the early stages of development, and we believe there is an outstanding opportunity for us to invest in the technologies being developed."
FGEN

Hot Stocks

07:02 EDT FibroGen appoints John Hunter as Chief Scientific Officer - FibroGen announced the appointment of John Hunter, Ph.D., to the position of Chief Scientific Officer, where he will lead FibroGen's research efforts, leveraging 20 years of experience. Hunter most recently served as Chief Executive & Scientific Officer of Keyhole Therapeutics Inc, a private immuno-oncology company.
ENOB

Hot Stocks

07:02 EDT Enochian announces FDA acceptance of Pre-IND request for potential HBV cure - Enochian BioSciences announced that the FDA has accepted a Pre-IND request for a potential cure of hepatitis B virus infection. Written comments are expected this Fall. The Pre-IND request was made based on promising data from a proof-of-concept study conducted in chimeric mice, considered by some scientific experts to be the 'gold standard' animal model to evaluate HBV cure.
ACEV

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07:02 EDT ACE Convergence, Achronix mutually terminate merger agreement - Achronix Semiconductor and ACE Convergence Acquisition Corp. announced that both companies have mutually agreed to terminate their merger agreement, effective immediately. The proposed merger, announced in January 2021, was conditioned on the satisfaction of defined closing conditions, including obtaining necessary regulatory approvals within the timeframe contemplated by the Agreement. The parties believe that they will not be able to complete the transaction by the July 15, 2021 deadline or some reasonable time thereafter. "Despite our best efforts to finalize this transaction, we ultimately concluded that going our separate ways was the best path forward for Achronix, ACE and all of our stakeholders. Achronix is in a strong financial and operational position, uniquely situated to provide flexible FPGA-based compute solutions for data-acceleration applications across a nearly $10 billion market opportunity by 2025," said Robert Blake, President and CEO of Achronix. "As the only independent company to offer high-end FPGA and embedded FPGA IP solutions, Achronix is well positioned to execute on high-growth opportunities. Throughout 2021, Achronix has continued to build strong momentum, and it remains committed to pursuing additional options to become a public company." "While we are disappointed by this outcome, we are excited to be in the fast growing industrial and enterprise infrastructure IT sectors, and will be laser-focused on identifying an emerging leader that is well positioned to capture significant value as the market rapidly evolves," said Behrooz Abdi, CEO and Chairman of ACE. "Looking ahead, we have full confidence that we will leverage our deep sector knowledge and industry connections to identify the next compelling and differentiated business combination opportunity and complete the transaction within the tenure of our acquisition platform." Neither party will be required to pay the other a termination fee as a result of the mutual decision to terminate the agreement.
MRK

Hot Stocks

06:59 EDT Merck to present new data from broad HIV Program at IAS 2021 - Merck announced the presentation of data from the company's HIV clinical development program at the 11th International AIDS Society Conference on HIV Science from July 18-21. Presentations will feature new data for islatravir, an investigational nucleoside reverse transcriptase translocation inhibitor, which is currently being evaluated across a variety of doses, formulations and frequencies for both the treatment of HIV-1 infection in combination with other antiretroviral agents and for the prevention of HIV-1 infection as a monotherapy. These data include results from a late-breaking presentation from a Phase 2a study evaluating the safety and pharmacokinetics of once-monthly oral islatravir for pre-exposure prophylaxis through 24 weeks. Additionally, Merck will share 96-week safety data for once-daily islatravir in combination with doravirine in previously untreated adults with HIV-1 infection. There will also be updates from the Phase 3 DRIVE-AHEAD trial evaluating DELSTRIGO in previously untreated participants with HIV-1.
PNR

Hot Stocks

06:57 EDT Pentair names Adrian Chiu to additional role of Chief Human Resources Officer - Pentair announced that it has named Adrian Chiu, currently the company's EVP and Chief Transformation Officer, to the additional role of Chief Human Resources Officer, effective August 1. Kelly Baker, the company's current Chief Human Resources Officer is resigning from the position to pursue an opportunity outside the company. Chiu has served as the EVP and Chief Transformation Officer since March 2021 and will continue in this role in addition to assuming the CHRO position.
LCI

Hot Stocks

06:57 EDT Lannett launches Fluvastatin Sodium extended-release tablets - Lannett announced that it recently began marketing Fluvastatin Sodium extended-release tablets, 80 mg, a partnered product. Total U.S. sales of Fluvastatin Sodium extended-release tablets, 80 mg, according to IQVIA market, were approximately $10M for the 12 months ending May, although actual generic market values are expected to be lower.
DS

Hot Stocks

06:56 EDT Drive Shack signs definitive agreement with Rory McIlroy - Drive Shack announced it has signed a definitive agreement with global golf superstar Rory McIlroy and his team. Their investment partnership, Symphony Ventures, will make a strategic investment in Puttery, Drive Shack's newest competitive socializing and entertainment golf experience. Symphony Ventures has committed an investment of at least $10M over Puttery's three-year development schedule, in exchange for 10% ownership in the equity of each Puttery venue that is planned to open through 2023 at a price equal to 10% of the total cost to build each venue. Investments will begin with the first Puttery location near Dallas, and continue consecutively on a venue-by-venue basis until the commitment is satisfied. Thereafter, Symphony Ventures will have the right, but not the obligation, to invest on the same terms through all Puttery venues that open by the end of 2023. Drive Shack Inc. plans to open or nearly complete a total of seven new Puttery venues by the end of 2021, with four of the locations previously announced in Dallas; Charlotte, N.C.; Washington, D.C.; and Miami. A pro-rata cash distribution of venue net cash flows equal to the ownership percentage will be made to the investment group on a quarterly basis. In lieu of a cash distribution, the investment group may elect to deposit cash returns into a capital account designated to fund investments in future venues through 2023. Beginning in 2024, the investment group may elect for all or a portion of the venue LLC interests to be converted into common equity of the company.
EC

Hot Stocks

06:50 EDT Ecopetrol provides update on recovery of Colombia operations - Ecopetrol informed about the recovery of its operations in the upstream, midstream, downstream and sales and marketing segments in Colombia, in connection with the adverse impacts the company had observed as a consequence of the restrictions on mobility caused by the public order situation in Colombia, as reported to the market on May 25. The company said, "In the Upstream segment, the Group's production in June stood at 656 mboed, compared to 650 mboed at the end of May. Since the blockades lifted, production has resumed its growth path, achieving an exit rate of 686 mboed at the end of the second quarter. Regarding operational restrictions associated with water management in Castilla field, which had been affecting production levels during the first months of the year, those were resolved during the month of June, which should gradually allow the recovery of the production levels of such field. In terms of quarterly production, it reached 661 mboed, 2% lower than the 676 mboed reported for the first quarter of 2021. In the Midstream segment, during June 258 mbd of refined products were transported, 25 mbd higher than the 233 mbd transported in May. The volume of crude transported, on the other hand, reached 686 mbd, lower than the previous month, when 711 mbd were transported. This decrease was primarily a result of Colombia's decreased production and some operating restrictions, which in turn were due to attacks against infrastructure by third parties. In terms of consolidated quarterly results, in the second quarter of the year, multipipelines pumped 256 mbd and crude oil pipelines pumped 704 mbd, which represent decreases of 7% and 4%, respectively, compared to the first quarter of the year, when volumes reached 274 mbd and 733 mbd respectively. In the Downstream segment, as of June end, the Barrancabermeja's refinery, the most affected due to the public order situation, reported a throughput of 210 mbd, an increase of 3 mbd compared to May. Furthermore, the Cartagena's refinery operation continued without any negative impacts. The consolidated refinery throughput during the second quarter remained at levels close to 360 mbd, which represents a steady level in comparison to the first quarter results of the year. Regarding sales and marketing activities, during June, a recovery was observed in national demand for diesel (+ 33%), gasoline (+ 17%) and jet (+ 8%) compared to the average levels of the previous month. This recovery was especially felt in the southern part of Colombia, which had been particularly impacted by the public order situation in May, especially the Valle del Cauca and Narino departments. Compared to the first quarter of the year, national demand for primary fuels decreased by 4% on average during the second quarter of 2021. Since the beginning of the public order disruption, the Company has adjusted its logistics to minimize the impact on the distribution of fuels to the different regions of Colombia, implemented strategies to maintain operations and maintained a fluid dialogue with the communities where it operates. The Company is still evaluating whether the impacts on its segments during the last two months could imply any adjustment in the Group's operating goals for the year. Adjustments, if any, will be immediately reported to the market."
MRK

Hot Stocks

06:48 EDT Merck, Ridgeback report interim data from Phase 2/3 studies of molnupiravir - Merck and Ridgeback Biotherapeutics announced the presentation of previously announced Phase 2 interim results from two Phase 2/3 clinical trials of molnupiravir, an investigational oral antiviral therapeutic. The data were presented during the late-breaking clinical trials session at the European Congress of Clinical Microbiology & Infectious Diseases. The Phase 3 portion of the global MOVe-OUT trial studying molnupiravir in non-hospitalized adult patients with laboratory-confirmed COVID-19 and at least one risk factor associated with poor disease outcomes is underway. In addition, Merck plans to initiate a clinical program to evaluate molnupiravir for post-exposure prophylaxis in the second half of 2021. "It continues to be critically important to advance potential antiviral treatments to address the devastating impact of COVID-19 globally," said Dr. Roy Baynes, senior vice president and head of global clinical development, chief medical officer, Merck Research Laboratories. "If successful, molnupiravir could help address the continued urgent need for therapeutics." "These data are promising, and we are pleased to be able to present the Phase 2 interim results for molnupiravir while we proceed with the Phase 3 portion of MOVe-OUT in non-hospitalized patients," said Wendy Holman, chief executive officer, Ridgeback Biotherapeutics. "There remains a great need for a range of solutions for the pandemic, and we are hopeful that molnupiravir will play a role in helping patients."
SFOSF BNTX

Hot Stocks

06:46 EDT Fosun to supply 10M doses of COVID-19 vaccine bought by Foxconn, TSMC to Taiwan - Shanghai Fosun Pharmaceutical (SFOSF) announced that Fosun Industrial, a wholly owned subsidiary of Fosun Pharma, has reached advance procurement agreements for the mRNA-based COVID-19 vaccine BNT162b2 with Taiwan Semiconductor Manufacturing, or TSMC, Hon Hai Precision Industry, or Foxconn, Yonglin Charity Foundation, and Zuellig Pharma, respectively. Fosun Industrial will sell a total of 10M doses of COVID-19 mRNA vaccines to Zuellig Pharma entrusted by TSMC, Foxconn, and Yonglin. These COVID-19 mRNA vaccines will be donated to relevant agency of disease control of Taiwan region for local vaccination. Wu Yifang, Chairman and CEO of Fosun Pharma said, "We are glad to see that the vaccine co-developed by Fosun Pharma and BioNTech (BNTX) could play a positive role in the prevention and control of the epidemic in Taiwan. We will work closely with our partners to provide safe and effective vaccines to Taiwan at an early date, safeguarding the lives and health of Taiwan compatriots, and helping their life getting back on track as soon as possible." Reference Link
JKS

Hot Stocks

06:44 EDT JinkoSolar Solar Module sets new record with conversion efficiency of 25.25% - JinkoSolar announced that, after recently setting a test record of 25.25% for large-area N-type monocrystalline silicon solar cells, the maximum solar conversion efficiency of its advanced high-efficiency solar module reached 23.53% and has outperformed the previous record of 23.01%, also set by JinkoSolar, in January. The result was independently tested and confirmed by TundefinedV Rheinland, one of the world's leading testing service provider on internationally recognized safety and quality standards. The module's performance was the result of adopting JinkoSolar's cutting-edge TOPCon cell technology fused with a new-type of welding and packaging technology. The module design not only reduces the internal resistance loss of the module, but improves power efficiency and module appearance.
KL

Hot Stocks

06:38 EDT Kirkland Lake Gold reports Q2 production of 379,195 ounces, up 15% y/y - Kirkland Lake Gold announced record quarterly production for the second quarter of 379,195 ounces, a 15% increase from the second quarter of 2020 and 25% higher than the previous quarter, with all three of the company's operations achieving increased production from both prior periods. For the first half of 2021, production totalled 682,042 ounces, a 3% increase from the first half of 2020, reflecting higher production at Detour Lake and Macassa. Tony Makuch, President and CEO of Kirkland Lake Gold, commented: "We generated record quarterly production in Q2 2021 and completed the first half of the year well positioned to achieve our full-year 2021 production guidance of 1,300,000 - 1,400,000 ounces, with our expectation now being to finish the year in the top half of the guidance range. The record production in Q2 2021 was largely driven by strong results at Fosterville, as well as higher levels of production at both Detour Lake and Macassa compared to both Q2 2020 and the previous quarter. Higher than planned production at Fosterville was mainly related to continued grade outperformance and changes in mine sequencing which resulted in an improved grade profile for the quarter. At Detour Lake, we achieved record production driven by increased mill throughput and a significant improvement in grade, with the average grade of 0.96 g/t in line with the current Mineral Reserve grade for the operation. Improved results at Macassa reflected increased processing rates, to an average of just under 1,000 tpd, as well as higher than expected grades. Both Detour Lake and Macassa are targeting further improvement in average grades over the balance of the year. At June 30, 2021, all three of our cornerstone assets were on track to achieve their full-year 2021 production guidance, with Fosterville positioned to potentially beat its guidance of 400,000 - 425,000 ounces."
BW

Hot Stocks

06:36 EDT Babcock & Wilcox NREL sign exclusive IP option agreement - Babcock & Wilcox and the U.S. Department of Energy's National Renewable Energy Laboratory have signed an Intellectual Property Option Agreement that gives B&W field-limited exclusive rights to negotiate a licensing agreement that would allow it to market an advanced, particle-based thermal energy storage technology currently in development. B&W and NREL are also engaged in discussions to develop a prototype heat exchanger that can be scaled-up for a pilot demonstration as part of NREL's Economic Long-Duration Electricity Storage Using Low-Cost Thermal Energy Storage and a High-Efficiency Power Cycle project.
LCAP MSPR

Hot Stocks

06:34 EDT Lionheart Acquisition Corporation II to combine with MSP Recovery - MSP Recovery (MSPR), specializing in Medicare Secondary Payer recovery rights and the recovery of improperly paid Medicaid, and commercial payments was founded in 2014. Lionheart Acquisition Corp. II announced a definitive agreement for a business combination that would result in MSP Recovery becoming a publicly listed company. Upon the closing of the transaction, the combined company will be named MSP Recovery, and its common stock, existing warrants and the Additional Warrants are expected to trade on Nasdaq under the new ticker symbols "MSPR", "LCAP W", and "MSPR W", respectively. The pro forma enterprise value of the combined company is approximately $32.6B. Upon closing, at that valuation, the transaction would be one of the top 3 largest SPAC transactions ever. MSP will continue to be managed by its existing senior executive team, led by CEO, John H. Ruiz, a Martindale-Hubbell "AV Rated" attorney, and architect of its proprietary healthcare reimbursement data analytics platform. The business combination values MSP at a $32.6B pro forma enterprise value, excluding cash on the balance sheet. The transaction is anticipated to generate gross proceeds of up to approximately $230M of cash, assuming no redemptions by Lionheart's public stockholders. These funds will be used to fund operations and growth. Upon completion of the business combination and subject to compliance with applicable law, approximately 1.029 billion Additional Warrants will be issued to former Lionheart stockholders who have not elected to redeem their shares of Lionheart common stock in connection with the business combination. Each Additional Warrant will represent the right to purchase one share of the combined company's common stock at $11.50 per share with a 5-year tenor. No dilution is expected to result from the issuance of the Additional Warrants because the MSP founders have agreed to sell to the combined company for the same value as the exercise price of a share issued pursuant to an Additional Warrant, one share of the combined company's common stock upon the exercise of the Additional Warrants. As a result, on a net basis, following the repurchase of the applicable securities from the MSP Founders, there is anticipated to be no increase in the number of outstanding shares as a result of the exercise of the Additional Warrants. The board of directors of Lionheart has unanimously approved the proposed transaction, which is expected to be completed in the fourth quarter of 2021, subject to, among other things, the approval by Lionheart's stockholders and satisfaction or waiver of other customary conditions.
LCAP

Hot Stocks

06:31 EDT Lionheart Acquisition Corporation II to combine with MSP Recovery
PVAC LONE

Hot Stocks

06:25 EDT Penn Virginia to acquire Lonestar Resources in all-stock transaction - Penn Virginia (PVAC) and Lonestar Resources (LONE) announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction. Under the terms of the agreement, Lonestar shareholders will receive 0.51 shares of common stock of Penn Virginia for each share of common stock of Lonestar outstanding. The transaction, which is expected to close in the second half of 2021, has been unanimously approved by the boards of directors of both companies. The closing of the transaction is subject to customary closing conditions, including the approval of Penn Virginia and Lonestar shareholders. Shareholders holding approximately 80% of the voting power of Lonestar, and approximately 60% of the voting power of Penn Virginia, have executed binding support agreements committing them to vote their shares for the transaction. Under the terms of the merger agreement, Lonestar shareholders will receive 0.51 shares of Penn Virginia for each Lonestar share. The transaction is valued at approximately $370M as of July 9, composed of approximately 5.9M shares of Penn Virginia common stock and the assumption of approximately $236M of net debt. The transaction is expected to close in the second half of 2021, subject to the satisfaction of customary closing conditions, including obtaining the requisite shareholder and regulatory approvals. The transaction has been unanimously approved by the boards of both companies. In addition, following the execution of the merger agreement, Lonestar shareholders holding approximately 80% of the voting power of Lonestar and Penn Virginia shareholders holding approximately 60% of the voting power of Penn Virginia signed binding support agreements obligating them to vote in favor of the transaction. Upon completion of the transaction, Penn Virginia shareholders will own approximately 87% of the combined company, and Lonestar will own approximately 13% of the combined company. Following the transaction completion, Lonestar will have the right to nominate one independent director to the Penn Virginia board of directors. Edward Geiser will continue to serve as chairman of the board, and Darrin Henke will continue to serve as president and CEO of the company following the closing of the transaction.
TCEHY

Hot Stocks

06:21 EDT Tencent enters partnership with Everest Medicines to optimize digital engagement - Everest Medicines announced that it has entered into a strategic commercial partnership with Tencent to explore novel ways to optimize digital engagement with patients and healthcare providers. As part of this partnership, Everest Medicines will explore a number of capabilities and potential solutions with Tencent, including ways to engage patients and healthcare professionals in disease awareness, particularly in various cancers, kidney diseases and severe infectious diseases, which tend to disproportionately impact people in the Greater China region and have limited treatment options, resulting in significant unmet medical need. In addition, the companies will consider options to build a one-stop patient management ecosystem that spans disease management, from diagnosis to treatment and outcomes, as well as look at ways to leverage artificial intelligence and business intelligence tools to better identify customer profiles and improve treatment adoption.
BPTS

Hot Stocks

06:18 EDT Biophytis presents Sarconeos data from hamsters infected with SARS-CoV-2 - Biophytis announced new preclinical data on Sarconeos, or BIO101, in hamsters infected with SARS-CoV-2. The data will be presented as an ePoster at the European Congress of Clinical Microbiology & Infectious Diseases, or ECCMID, which will take place online from July 9-12. This study reveals that Sarconeos daily treatment prevents respiratory function deterioration in SARS-CoV-2-infected mammals and provides a solid preclinical proof of concept for the ongoing Phase 2-3 COVA clinical study. In the study, hamsters were inoculated intranasally with 106 TCID50/mL. Sarconeos was administered daily at 10 mg/kg per day. Three groups of six to seven-week-old female hamsters were compared: uninfected hamsters treated with the vehicle, SARS-CoV-2-infected hamsters treated with the vehicle and SARS-CoV-2-infected hamster treated with BIO101. Pulmonary function was assessed by whole-body plethysmography. The results showed that at five dpi, the Penh value, a classical measure of respiratory distress proven to be relevant in corona virus airway infections, was significantly increased in the group of SARS-CoV-2-infected hamsters treated with the vehicle, compared to the uninfected control group. In animals treated with Sarconeos, the Penh value was significantly reduced compared to vehicle-treated infected animals. Inspiration and expiration times in Sarconeos-treated animals were significantly lower than in the vehicle-treated group of infected hamsters. End Expiratory Pause, or EEP, is proportional to the degree of obstruction of the lower airways. In Sarconeos-treated animals, EEP time was significantly lower compared to infected animals treated with the vehicle. The daily administration of BIO101 for five days restored the EEP time of the treated animals, to a comparable level of uninfected control animals.
COTY

Hot Stocks

06:14 EDT Coty to introduce digitally-enabled touch-less fragrance testing device - Coty announced the introduction of a digitally-enabled touch-less fragrance testing device intended for use at beauty retailers within the next 12 months. Real world testing of the units at brick & mortar retail stores begins this month in European markets, followed by a planned trial in Asia later this year. While spray testers oversaturate the air, overwhelming the senses and surrounding environment, this device delivers a single droplet of liquid directly to an arm or a blotter, offering customers a less invasive testing experience. It also uses data to allow Coty, in partnership with retailers, to optimize the placement of the testers and the customer experience by ensuring beauty advisors are on the spot when needed. Coty is partnering with Everie, a French start-up specializing in smart devices, micro-dosing and diffusion technologies, to bring Coty's touch-less fragrance tester to life. A multidisciplinary group from Coty have worked alongside Everie over the past year to develop a connected and sustainable device. This touch-less fragrance tester is able to work for weeks without a battery recharge and reduces perfume loss compared to traditional testers. It will be compatible with all Coty's fragrance testers and can be personalized to each of Coty's brands.
NCTY BTC

Hot Stocks

06:10 EDT The9 signs 100 MW cryptocurrency mining hosting agreement with BitRiver - The9 (NCTY) announced that it has signed a cryptocurrency mining hosting agreement with Russian company BitRiver through its wholly-owned subsidiary NBTC Limited. BitRiver, headquartered in Moscow, was established in 2017 to provide global hosting services and a one-stop, turnkey solutions for large-scale cryptocurrency mining operations. BitRiver currently utilizes surplus hydroelectric power to operate data centers through low cost and sustainable energy that offers hosting services for cryptocurrency mining in Russia and the other regions. At present, the targeted data-center for The9's mining machines has an initial total power supply capacity of 100MW which could host more than 33,000 mining machines. According to the agreement between the two parties, BitRiver will reserve 15MW of electric capacity for The9's Bitcoin (BTC) mining machine deployment. The initial term of the agreement is 2 years. After the expiration, both parties have the right to automatically extend their cooperation for an additional one year, unless either party decides not to do so. The9 will continue to actively seek for low-cost electricity and sustainable energy mining facilities in different regions of the world to accelerate the deployment of large-scale cryptocurrency mining machines for The9 and other partners by both self-construction of mining facilities and hosting cooperation with mining facilities companies.
WTTR

Hot Stocks

06:07 EDT Select Energy Services acquires Complete for $14.2M in cash, 3.6M in shares - Select Energy Services announced that it has acquired Complete Energy Services, an operating subsidiary of Superior Energy Services. Select has acquired substantially all of the water-related assets and ongoing operations of the business, including working capital. Superior will retain certain non-core and non-water-related assets that were part of complete as part of the transaction. In consideration, Select has issued 3.6M shares of Class A common stock and paid $14.2M in cash, subject to standard post-closing adjustments, to Superior to close the transaction. Complete is a provider of completion and production-related water solutions, including water transfer, flowback and well testing, water heating, containment, fluids handling, produced water gathering and disposal solutions across the United States, including the Permian, Mid-Continent, DJ and Powder River Basins and the Marcellus and Utica Shales.
MAXR

Hot Stocks

06:07 EDT Maxar Technologies says PPE passes first Preliminary Design Review - Maxar Technologies announced that the Power and Propulsion Element it is developing for NASA's lunar Gateway has passed its first Preliminary Design Review and remains on track for launch in 2024. Passing PDR-1 means that Maxar expects to finalize the PPE system-level design over the next year, culminating in the Critical Design Review in May 2022. A second PDR this fall will verify that the evolved PPE design meets mission requirements and is cleared for final design review and fabrication. During this period, Maxar will continue to take delivery of flight hardware units based on the company's 1300-class spacecraft platform.
TPC

Hot Stocks

06:05 EDT Tutor Perini unit awarded $220M design-build contract - Tutor Perini announced that a design-build team led by its subsidiary, Lunda Construction Company, has been selected by the Missouri Department of Transportation for the design and construction of the new I-70 Missouri River Bridge near Rocheport, Missouri. Lunda's design team is comprised of Parsons Corporation, Dan Brown & Associates and HZ United. The project consists of the design and construction of two Missouri River bridges, one in each direction of travel, each with three lanes, which will allow for construction to take place with a limited impact to traffic. Lunda is also replacing the County Road BB Bridge over I-70. Design work is expected to commence shortly after contracts are executed, with construction scheduled to begin later this year and substantial completion expected by the end of 2024. The construction budget for this project is $220M. The contract value is anticipated to be included in the company's third-quarter 2021 backlog.
NBEV

Hot Stocks

06:04 EDT NewAge forms manufacturing partnership with TCI Co. - NewAge announced that it has formed a manufacturing partnership with and agreed to sell its U.S. manufacturing operations to Taiwan-based TCI Co., Ltd. As part of the memorandum of understanding, NewAge will sell its US manufacturing operations and US office based in American Fork, Utah to TCI. TCI will be providing a combination of $3.5M in cash and a share of revenues over the next five years as consideration, and is expected to take over production over the next 90 days. NewAge will continue to produce its Tahitian Noni Juice extractions in its own processing facility in Tahiti, where the company sources almost 90% of all the Noni produced in the region farm to bottle. The new partnership is expected to produce significant benefits for both TCI and NewAge. NewAge will focus on its core competencies of commercializing its portfolio of health brands direct to consumers, utilizing its team of exclusive brand partners enable with the leading social selling technologies and platforms available worldwide. In addition to focus, NewAge expects to enjoy reduced costs of goods sold leveraging TCI's manufacturing expertise and will benefit from significantly reduced headcount and SG&A expense. NewAge will also receive the one-time benefit of the sale of the manufacturing operations, and receive the upside from the revenue sharing over the next five years. TCI will benefit via expanding its operations and customer base in the US, immediately gain an additional revenue base, and long-term will benefit via partnering with NewAge to bring to market its pipeline of breakthrough new products through NewAge's global network. The partnership is subject to negotiation and execution of customary definitive agreements in accordance with the memorandum of understanding.
HLI

Hot Stocks

06:04 EDT Houlihan Lokey acquires Baylor Klein, terms undisclosed - Houlihan Lokey has acquired boutique advisory firm Baylor Klein. Founded in 2008 by managing director Tim Leach, Baylor Klein specializes in providing M&A and corporate finance advisory services to the multinational and independent owners of household, beauty, and personal care, or HBPC, assets globally. The transaction signed and completed on July 8. As part of this transaction, Baylor Klein's team of five advisory professionals led by Tim Leach will join Houlihan Lokey's European corporate finance business in London, bringing the global CFR team to more than 70 financial professionals.
CYDY

Hot Stocks

06:02 EDT CytoDyn trial for metastatic triple-negative breast cancer demonstrates safety - CytoDyn announced its clinical trial with leronlimab in combination with carboplatin for the treatment of metastatic triple-negative breast cancer has advanced from Phase 1b to a Phase 2 trial. The positive advancement confirms leronlimab will be administered with a 700 mg dosage for patients in the mTNBC trial and Basket trial for 22 solid tumor cancers, as well as compassionate use, eIND and "right-to-try" patients.
CME

Hot Stocks

06:02 EDT CME Group reports Q2 international ADV of 5.1M contracts, up 6% - CME Group announced that its international average daily volume, or ADV, reached 5.1M contracts in Q2, up 6% year on year. Reflecting all trading done outside North America, this volume was driven by global growth in Agricultural and Interest Rate products, up 30% and 42% respectively. Agricultural products also established record quarterly volumes in Europe, Middle East and Africa, or EMEA, as well as Asia Pacific and Latin America. In Q2, EMEA ADV hit 3.7M contracts, up 5% from Q2 2020. This was due to a strong performance in Agricultural and Interest Rate products in the region, up 35% and 24% respectively, compared to the same period in 2020. Asia Pacific Q2 ADV hit 1.2M contracts, up 8% from Q2 2020. This was driven by a 67% growth in Agricultural products, and 60% growth in Interest Rate products in the region. Latin America ADV was 114,000 contracts in Q2, up 5% from the corresponding period in 2020. This was led by 41% growth in Agricultural products and 14% growth in FX products in the region. Globally, CME Group reported ADV of 18.4M contracts during Q2, up 5% from the same period last year. This was led by Interest Rate products, up 25%, and Agricultural products, up 24%.
CLEU

Hot Stocks

05:58 EDT China Liberal Education holds OMO teaching seminar with BFSU - China Liberal Education, or CLEU, announced that the company held an online-merge-offline, or OMO, teaching seminar with Beijing Foreign Studies University, or BFSU, to explore new models of teaching environment. The COVID-19 pandemic accelerated the development of OMO teaching, making it a mainstream trend since OMO teaching model leverages the advantages of the Internet and provides a full-scene teaching and learning experience to student. During the seminar, the company displayed its OMO System, which was recently introduced to BFSU. The system is developed based on the company's proprietary all-in-one AI-Space machine and specifically designed to meet the needs of BFSU. AI-Space can be applied to various scenarios including command center, lecture hall, conference room, multi-functional exhibition hall, smart classroom, vehicle emergency, portable command, telemedicine, science and technology court, and smart home. The company began to develop AI-Space in September 2019, following a market research and demand analysis. AI-Space adopts the design concept of all-in-one, and integrates audio processor, mixed video matrix unit, programmable central control unit, gigabit switch unit, cross-platform runtime, recording and broadcasting codec, video conference terminal and multi-party interactive MCU.
SVA

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05:55 EDT Sinovac Biotech to provide 380M CoronaVac doses for distribution through COVAX - Sinovac Biotech announced that it had signed an advance purchase agreement, or APA, with Gavi, the Vaccine Alliance, which is on behalf of COVAX Facility, to provide up to 380M doses of inactivated COVID-19 vaccine, CoronaVac for distribution through the COVAX Facility. According to the APA, Sinovac will supply 50M doses of CoronaVac by the end of September. In addition, Gavi has the option to purchase an additional 150M doses in Q4 and 180M more doses in the first half of 2022. In total, up to 380M doses of CoronaVac will be available to both self-financing participants of the facility as well as those supported by the Gavi COVAX AMC.
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05:52 EDT Dare Bioscience enters CRADA with NICHD for Ovaprene study - Dare Bioscience (DARE) announced that it entered into a cooperative research and development agreement, or CRADA, with the Eunice Kennedy Shriver National Institute of Child Health and Human Development, or NICHD, part of the National Institutes of Health, or NIH, for the pivotal Phase 3 study of Ovaprene, an investigational hormone-free monthly intravaginal contraceptive currently in clinical development for the prevention of pregnancy. The agreement will allow Dare to leverage the contraceptive clinical trial expertise of NICHD while also sharing the costs of the Phase 3 pivotal study with NICHD. If Ovaprene is approved by the FDA, it could be the first monthly non-hormonal contraceptive option for women. The pivotal Phase 3 study will be supported by the NICHD's Contraceptive Development Program, or CDP. The CDP oversees the Contraceptive Clinical Trial Network, or CCTN, which was established in 1996 to conduct studies of investigational contraceptives, and the Phase 3 study will be conducted within the CCTN with the NICHD contractor Health Decisions Inc. Dare will be responsible for providing clinical supplies of Ovaprene and coordinating interactions with and preparing and submitting supportive regulatory documentation to the FDA. Dare and NICHD will each provide medical oversight for the trial and final data review and analysis, and will work together to prepare the final report of the trial results. Under the CRADA, Dare has also agreed to contribute $5.5 million toward the total estimated cost to conduct the pivotal Phase 3 study, which will be payable in four payments. The first payment is due within 30 days of the effective date of the CRADA and the final payment is due by April 1, 2023. NICHD will be responsible for the other costs related to the conduct of the pivotal study and will manage the payment of expenses to Health Decisions, the clinical sites, and other parties involved with the study. Bayer (BAYRY) and Dare entered into an exclusive licensing agreement for U.S. commercial rights to Ovaprene(R) in January 2020. Under the agreement, Dare receives access to Bayer's extensive clinical and market capabilities while retaining control over Ovaprene's development and regulatory approval process. Bayer has the right to obtain exclusive rights to commercialize the product in the U.S. following completion of the pivotal clinical trial being undertaken by Dare and the NICHD. If Bayer, in its sole discretion, makes payment to Dare of $20M, which Dare intends to apply to reimbursement of its portion of the clinical study and manufacturing costs, then the exclusive license to commercialize Ovaprene in the U.S. will become effective. Dare will also be entitled to receive commercial milestone payments potentially totaling $310 million, in addition to double digit tiered royalties on net sales.