Stockwinners Market Radar for September 25, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

IBKR

Hot Stocks

23:05 EDT Interactive Brokers expands overnight trading to over 10K U.S. stocks/ETFs - Interactive Brokers "announced the expansion of its Overnight Trading Hours service, which now lists over 10,000 US stocks and ETFs. Interactive Brokers was one of the first brokers to introduce Overnight Trading on US stocks and ETFs, and the enhanced offering allows clients to trade an even broader range of US equities nearly 24 hours a day, five days a week. Clients now have the flexibility to trade more US stocks and ETFs when it's convenient, and clients in Asia and Europe can trade a wider variety of US equities during local market hours. To supplement the Overnight Trading liquidity provided by Interactive Brokers' own IBEOS Alternative Trading System, Interactive Brokers is now connected to the Blue Ocean ATS."
MKFG

Hot Stocks

20:03 EDT Cathie Wood's ARK Investment bought 207.6K shares of Markforged today
MEI

Hot Stocks

18:07 EDT Methode Electronics CEO buys $506.6K in common stock - In a regulatory filing, Methode Electronics disclosed that its CEO Donald Duda bought 23.2K shares of common stock on September 21st in a total transaction size of $506.6K.
FAT

Hot Stocks

18:02 EDT Fat Brands acquires Smokey Bones barbecue chain from Sun Capital affiliate - FAT Brands announces it has acquired the Smokey Bones Bar & Fire Grill restaurant chain from an affiliate of Sun Capital Partners. The acquisition marks the company's first foray into barbecue and expands FAT Brands' portfolio of polished dining chains, which currently includes Twin Peaks. The purchase is expected to increase annual adjusted EBITDA by approximately $10M, and bring 61 new corporate locations under FAT Brands' umbrella. The $30M transaction was funded from the company's existing securitization facilities.
SPOT

Hot Stocks

17:59 EDT Spotify pilots AI generated Voice Translation for podcasts in other languages - Spotify said, in part, on its For the Record blog, earlier: "Across cultures, countries, and communities, the stories we share bring us together. And more often than not, it is the voices of the speakers that lend as much weight to the stories as the narratives themselves. For more than 15 years, Spotify's global platform has empowered creators of all walks to share their work with audiences around the world. At its core, this has been made possible through technology that's leveraged the power of audio to overcome barriers to access, borders, and distance. But with recent advancements, we've been wondering: Are there more ways we can bridge the language gap so that these voices can be heard worldwide?... we're excited to pilot Voice Translation for podcasts, a groundbreaking feature powered by AI that translates podcasts into additional languages-all in the podcaster's voice...This Spotify-developed tool leverages the latest innovations-one of which is OpenAI's newly released voice generation technology-to match the original speaker's style, making for a more authentic listening experience that sounds more personal and natural than traditional dubbing. A podcast episode originally recorded in English can now be available in other languages while keeping the speaker's distinctive speech characteristics. " Reference Link
DMS

Hot Stocks

17:40 EDT Digital Media Solutions to be delisted from NYSE - Digital Media Solutions announced that it will be delisted from the New York Stock Exchange. The company's delisting follows the NYSE's determination under Rule 802.01B of the NYSE Listed Company Manual that the company did not meet the NYSE's continued listing standard that requires listed companies to maintain an average global market capitalization of at least $15 million over a period of 30 consecutive trading days. The company's delisting does not affect the company's business operations and DMS continues to be focused on its core solutions in service of its advertising clients. In addition, the delisting does not cause an event of default under the senior secured credit facility to which its subsidiaries are a party, and DMS continues to be supported by its lenders as evidenced by the recent amendment to its credit facility, which has provided the company and management with the flexibility needed to manage through the current environment. The company will continue to be a SEC reporting company and anticipates that its Class A common stock will begin trading on the over-the-counter markets on September 26, 2023. The company will consider relisting its Class A common stock on a national securities exchange in the future if the Board of Directors determines that doing so is in the best interest of the company and its stakeholders.
MSFT...

Hot Stocks

17:34 EDT OpenAI says ChatGPT 'can now see, hear, and speak' - OpenAI posted updates to ChatGPT on its blog that include new voice and image capabilities. The group noted in part: "We are beginning to roll out new voice and image capabilities in ChatGPT. They offer a new, more intuitive type of interface by allowing you to have a voice conversation or show ChatGPT what you're talking about. Voice and image give you more ways to use ChatGPT in your life. Snap a picture of a landmark while traveling and have a live conversation about what's interesting about it. When you're home, snap pictures of your fridge and pantry to figure out what's for dinner, and ask follow up questions for a step by step recipe. After dinner, help your child with a math problem by taking a photo, circling the problem set, and having it share hints with both of you. We're rolling out voice and images in ChatGPT to Plus and Enterprise users over the next two weeks. Voice is coming on iOS and Android and images will be available on all platforms. You can now use voice to engage in a back-and-forth conversation with your assistant. Speak with it on the go, request a bedtime story for your family, or settle a dinner table debate." OpenAI was formed by a group of investors, including Microsoft (MSFT), Khosla Ventures, Reid Hoffman, and others. Other publicly traded companies that may be impacted by this news include: Alphabet (GOOG,GOOGL), Snap (SNAP) Meta (META) Amazon (AMZN) and Spotify (SPOT). Reference Link
FEMY

Hot Stocks

17:26 EDT Femasys gets FDA clearance to market FemaSeed - Femasys "announced it has received 510(k) Clearance from the United States Food and Drug Administration for FemaSeed(R), an innovative infertility treatment designed to deliver sperm directly to where conception occurs in a woman's fallopian tube. In recent decades, infertility has affected an increasing number of women - estimated at 10 million in the United States according to the Center for Disease Control. Despite incremental advancements, there have been no recent meaningful affordable options. FemaSeed Intratubal Insemination is a type of an intrauterine insemination procedure that is less invasive than in vitro fertilization or intracytoplasmic sperm injection, which we expect would reduce the chances of procedural complications."
LHX

Hot Stocks

17:17 EDT L3Harris Technologies awarded $125M Defense Department contract - L3Harris Technologies has been awarded a maximum $125,126,223 firm-fixed-price, indefinite-delivery/indefinite-quantity for spares and repair parts for very small aperture terminal transmission systems. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a five-year contract with no option periods. The performance completion date is Sept. 24, 2028.
RTX

Hot Stocks

17:16 EDT RTX awarded $163.3M U.S. Navy contract - Raytheon Technologies is awarded a $163,260,473 cost-plus-incentive-fee, fixed-price incentive modification to a previously awarded contract. This modification exercises options to procure spare engines, power modules, special test equipment, and special tooling in support of Lot 17 F135 propulsion systems for the F-35 Lighting II Joint Strike Fighter aircraft for the Air Force, Marine Corps, Navy, non-U.S. Department of Defense participants, cooperative program partners, and Foreign Military Sales customers.
BAESY

Hot Stocks

17:15 EDT BAE Systems awarded $319M Department of Defense contract - BAE Systems Information and Electronic Systems Integration Inc was awarded a non-competitive single award, indefinite-delivery/indefinite-quantity, firm-fixed-price contract for Army MPE-M Cards and incidental software updates. The contract ceiling is approximately $319,000,000 and the minimum guarantee is for 50 MPE-M Cards. The period of performance is a two year base with three one year options. Performance will be at the contractor's facility until the M-Code Cards are delivered to the U.S. government. The total value of Delivery Order 1 is $494,270, funded by fiscal 2023 other procurement, Army; and research, development, test and evaluation funds.
RARE

Hot Stocks

17:15 EDT Ultragenyx launches Evkeeza in Canada for treatment of HoFH - Ultragenyx Pharmaceutical announced the approval of Evkeeza in Canada. Evkeeza was approved by Health Canada as an adjunct to diet and other low-density lipoprotein cholesterol lowering therapies for the treatment of adult and pediatric patients aged 5 years and older with homozygous familial hypercholesterolemia and will be commercially available in Canada effective 25-November-2023. Evkeeza is a first-of-its-kind treatment for HoFH and is the first monoclonal antibody inhibiting the angiopoietin-like 3 protein. Evkeeza is delivered via 60-minute intravenous infusion every 4 weeks. The treatment is now available to prescribe for patients with HoFH in Canada.
CURV

Hot Stocks

17:14 EDT Torrid exec buys $299.5K in common stock - In a regulatory filing, Torrid disclosed that its Chief Commercial Officer Mark Mizicko bought 225K shares of common stock on September 21st in a total transaction size of $299.5K.
THO...

Hot Stocks

17:00 EDT Thor falls after quarterly results and guidance amid mixed economic enviroment - Shares of recreational vehicles maker Thor Industries (THO) are down $1.67 in after-market trading on Monday after the company forecasted FY24 EPS of $6.25 to $7.25 on revenue of $10.5B to $11B. Analysts were modeling EPS of $7.12 on revenue of $10.81B. A company officer noted in the release that, "Despite mixed economic data and consumer trends that are expected to continue into fiscal 2024, our experienced operating management teams and proven business model continue to give us an advantage in navigating uncertainty." ..."We continue to invest in automation projects that enhance product quality and drive labor efficiencies without sacrificing our variable cost model. Additionally, we continue to pursue and build out supply and aftermarket strategies aimed at improving the experience for the end consumer. Lastly, through strong strategic partnerships and organic R&D, we continue to take a thoughtful approach to investing in innovation to ensure we stay ahead of the industry and consumer demand. Overall, we are focused on leveraging our global scale as the worldwide RV market leader to support our long-term growth strategies, and we remain committed to achieving our fiscal 2027 financial targets," concluded Todd Woelfer, Senior Vice President and Chief Operating Officer. Other companies in the Consumer Cyclical space include: Winnebago (WGO), LCI Industries (LCII), Polaris (PII)Malibu Boats (MBUU) and Camping World (CWH).
LGND

Hot Stocks

16:50 EDT Ligand CEO buys $237.5K in common stock - In a regulatory filing, Ligand disclosed that its CEO Todd Davis bought 4K shares of common stock on September 22nd in a total transaction size of $237.5K.
SPRY

Hot Stocks

16:49 EDT Ra Capital discloses $8.2M purchase of ARS Pharmaceuticals - RA Capital increases its stake in ARS Pharmaceuticals by 2.7M shares to 9.5M shares with a stock purchase of $8.2M. Shares of ARS Pharmaceuticals are up 5.8% afterhours at $3.81.
GRIN

Hot Stocks

16:36 EDT Grindrod Shipping announces entry into sale and purchase pacts - Grindrod Shipping Holdings announced the entry by Grindrod Shipping , a wholly owned subsidiary of Grindrod Shipping, as buyer, and Grindrod Shipping, as parent, into two sale and purchase agreements to acquire the entire issued share capital of Taylor Maritime Management Limited and Tamar Ship Management Limited from, in the case of Taylor Maritime Management Limited, Taylor Maritime Group Limited and, in the case of Tamar Ship Management Limited, Taylor Maritime Group Limited and Temeraire Holding Limited . Following the Acquisition, the Companies will become wholly owned subsidiaries of Grindrod Shipping. The Acquisition is subject to certain closing conditions and closing is expected to occur before mid-October. Under the terms of the transaction, Grindrod Shipping and Island View Ship Management have agreed to acquire all of the shares of the Companies for a total consideration of approximately $11.75M via a completion cash amount of $2M: allotment and issuance of completion consideration shares of approximately up to $1.95M an issuance of consideration shares at the first anniversary of the completion date of up to approximately US$3.9M The Sale and Purchase Agreements contain customary warranties and covenants of the parties and, in connection with the Acquisition, each Seller will be subject to limited non-compete and non-solicitation covenants with regard to Grindrod Shipping and its subsidiaries for two years from the completion date. The closing of the Acquisition, expected to occur before mid-October 2023 is subject to closing conditions, including, among other things, the repayment of debts owed by the Companies and their subsidiaries to the Sellers and by the Sellers to the Companies and their subsidiaries.
ISPO

Hot Stocks

16:36 EDT Inspirato appoints Eric Grosse CEO - Inspirato announced that co-founder and CEO Brent Handler has stepped down while remaining a member of the board. Inspirato's board has appointed Eric Grosse to serve as CEO effective September 25. Grosse brings more than 20 years of experience as a leader in the online travel industry, including as co-founder and president of Hotwire and president of Expedia Worldwide, a subsidiary of Expedia Group (EXPE). Grosse has served on the company's board or two years.
NVTA

Hot Stocks

16:31 EDT Invitae names Ana Schrank as CFO - Invitae announced the appointment of finance veteran Ana Schrank as the company's CFO, effective October 2. Robert Dickey, who has been the company's interim CFO since August 2023, will transition to a consulting role for the company and will work closely with Schrank and the leadership team to ensure a smooth transition. Most recently, Schrank served as CFO for Truepill, a digital health platform powering pharmacy experiences that patients interact with every day, where she led finance, accounting and human resources.
AKA

Hot Stocks

16:30 EDT a.k.a. Brands board approves reverse stock split ratio - a.k.a. Brands announced that it will effect a one-for-12 reverse stock split of its common stock, par value $0.001 per share, that will become effective on September 29, 2023 at 5:01 PM Eastern Time, after the close of trading on the New York Stock Exchange. On October 2, 2023, the Company's common stock will begin trading on a post-reverse split basis on the NYSE under the existing symbol "AKA." The reverse split is primarily intended to bring the Company into compliance with the minimum bid price requirement for maintaining its listing on the NYSE.
THO

Hot Stocks

16:30 EDT Thor says FY24 North America operations plan reflects forecasted industry range - "In planning for fiscal 2024, current mixed macroeconomic data and cautious dealer sentiment serve as a reminder that the retail environment, though showing signs of improvement over the course of the summer selling season, continues to be challenging. As a result, the Company continues to be cautious on the global economic outlook and associated impacts on consumer demand and appetite for discretionary purchases. Against this backdrop, the Company remains committed to driving gross profit margin improvement while enacting strategies to reduce its wholesale pricing to drive consumer demand and ensuring channel inventory of THOR products remains appropriate. Additionally, the Company plans to make significant investment in its future in fiscal 2024, resulting in incremental research and development spend. That investment impacts diluted earnings per share in fiscal 2024, but creates significant upside in the longer term. In North America, the Company's operating plan for fiscal 2024 reflects an industry wholesale shipment range of between 350,000 and 365,000 units with wholesale shipments matching retail demand," noted the company.
GTN

Hot Stocks

16:18 EDT Gray Television announces launch of Peachtree Sports Network - Peachtree Sports Network, Gray Television's newest sports broadcast channel, will launch Sunday, October 1 on WPCH 17.2. The channel will focus on live, local sports programming all year long and will feature teams from multiple sports across the state. The broadcast network will launch in Atlanta but will soon air on Gray-owned over-the-air channels in Albany, Augusta, Columbus, Macon, and Savannah in the coming months. Peachtree Sports Network will broadcast live games from the College Park Skyhawks of the NBA G-League, high school football through Score Atlanta, hockey from the Atlanta Gladiators and the Savannah Ghost Pirates of the ECHL, the Georgia Swarm of the National Lacrosse League, and ultimate disc from the Atlanta Hustle of the American Ultimate Disc League.
OKE DVN

Hot Stocks

16:16 EDT Oneok names Lyndon Taylor as chief legal counsel - Lyndon Taylor has joined ONEOK (OKE) as executive vice president, chief legal counsel and assistant secretary of ONEOK, reporting to Pierce Norton II, president and CEO of ONEOK. Before joining ONEOK, Taylor was executive vice president, chief legal and administrative officer of Devon Energy (DVN), responsible for overseeing the legal, corporate governance, compliance and government relations functions.
LQDA

Hot Stocks

16:13 EDT FDA accepts NDA submission to add to Liquidia's Yutrepia label - Liquidia Corporation announced that the FDA accepted for review the company's amendment to the tentatively approved new drug application, NDA, for Yutrepia inhalation powder in which the company is seeking to add the treatment of pulmonary hypertension associated with interstitial lung disease, PH-ILD, to the label. The FDA confirmed the type of resubmission as Class II and has set a Prescription Drug User Fee Act, PDUFA, goal date of January 24, 2024. The FDA tentatively approved Yutrepia to treat PAH in November 2021 and confirmed that the addition of the PH-ILD indication will not require any new clinical studies. The launch of Yutrepia in both indications remains subject to the successful resolution of the ongoing litigation with United Therapeutics and final FDA approval. Additionally, the FDA may not grant final approval of the PH-ILD indication until after the new clinical investigation exclusivity granted to Tyvaso expires on March 31, 2024.
QGEN

Hot Stocks

16:11 EDT Qiagen introduces new' eco-friendlier' nucleic acid extraction kits - Qiagen announced the extension of its eco-friendlier QIAwave product line with the addition of two new nucleic acid extraction kits: the QIAwave RNeasy Plus Mini Kit and QIAwave DNA/RNA Mini Kit, eco-friendlier versions of the RNeasy Plus Mini Kit and the All DNA/RNA Mini Kit..."The launch of the new QIAwave kits not only expands our eco-friendlier product offerings but also reinforces our dedication to supporting researchers in their quest for scientific advancement while reducing their environmental footprint. At QIAGEN, we're constantly striving to find innovative ways to combine high-quality performance with eco-friendlier solutions," said Dr. Thomas Schweins, Senior Vice President and Head of QIAGEN's Life Sciences Business Area...The new additions to the QIAwave product line join the previously launched QIAwave RNA Mini Kit, QIAwave DNA Blood & Tissue Kit, and QIAwave Plasmid Miniprep Kit in QIAGEN's growing portfolio of eco-friendlier solutions.
VJET

Hot Stocks

16:11 EDT Voxeljet jumps 31% to $1.44 after announcing strategic alternative review
VJET

Hot Stocks

16:10 EDT Voxeljet announces review of strategic alternatives - voxeljet AG "announced that its Management Board, together with the Supervisory Board (collectively, the Boards), has decided to initiate a formal review process to evaluate strategic alternatives for the Company. In furtherance of this objective, voxeljet has engaged BNP Paribas Securities Corp. as financial advisor and Hogan Lovells International LLP as legal advisor to assist in the exploration of strategic alternatives, which may include a full range of strategic, business, and financial alternatives, including, but not limited to, investments, mergers and acquisitions, and joint ventures, strategic partnerships, or other transactions."
PROF

Hot Stocks

16:09 EDT Profound Medical receives 510k clearance from FDA for TULSA-PRO Thermal Boost - Profound Medical announced that it has received 510k clearance from the U.S. Food and Drug Administration for the Company's Thermal Boost module for use in conjunction with TULSA-PRO. TULSA-PRO enables surgeons to ablate whole- or partial-gland prostate tissue in patients with low-, intermediate-, or high-risk prostate cancer; with benign prostatic hyperplasia BPH ; as well as those prostate cancer patients on active surveillance seeking treatment of their cancer and relief from their symptoms of BPH. Profound's data indicates that, in a commercial setting, approximately 60% of the patients being treated with TULSA require whole gland ablation, whereas the remaining 40% receive partial gland ablation. In addition, TULSA surgeons are treating prostates of various shapes and sizes, ranging from prostate volumes of less than 20cc to greater than 250cc, confirming TULSA-PRO as one of the most versatile technologies currently available for the treatment of prostate disease...Profound is continuing to develop additional TULSA AI modules, including one that will enable the creation of an AI-driven automated treatment plan, which will be based on a database of successful physician-created treatment designs. The Company is working with the FDA on a pathway to achieve the Agency's clearance for this module.
SUNL

Hot Stocks

16:09 EDT Sunlight Financial Holdings trading halted, news pending
DMS

Hot Stocks

16:07 EDT Digital Media Solutions Inc trading halted, news pending
SCVL

Hot Stocks

16:07 EDT Shoe Carnival names Patrick Edwards as new CFO - Shoe Carnival "announced that Patrick Edwards has been named the company's Senior Vice President, Chief Financial Officer, Secretary and Treasurer, effective today. Mr. Edwards, currently a Shoe Carnival executive officer, has served as the company's Chief Accounting Officer and Secretary since 2021 and has served as Vice President and Controller since he joined the company in 2019."
ENV

Hot Stocks

16:07 EDT Envestnet names Joshua Warren as CFO, succeeding Pete D'Arrigo - Envestnet announced that Joshua Warren is joining the company as CFO. Warren is an accomplished financial executive who served most recently as Managing Director and Global Head of Business Strategy for iShares and Index Investments for BlackRock. Warren will succeed Peter D'Arrigo who served as CFO since 2008. Warren will initially serve as a senior advisor to the company's CEO and will transition to become the company's CFO effective November 15, 2023. After the transition of CFO responsibilities, D'Arrigo will serve as a senior advisor to the company's CEO through March 31, 2024. Warren will work with D'Arrigo, in the interim, to assure a smooth transition.
RILY BEBE

Hot Stocks

16:02 EDT Bebe stores announces B. Riley purchase of 3.7M shares of common stock - Bebe stores (BEBE) announced that B. Riley Financial Inc. (RILY) and bebe founder Manny Mashouf have entered into a stock purchase agreement pursuant to which B. Riley will acquire 3.7 million common shares of bebe, beneficially owned by Manny Mashouf, at $5.00 per share for a total purchase price of $18.5 million. The transaction closing date is expected to occur on September 30, 2023, subject to the satisfaction of certain closing conditions. Following the acquisition of such shares, B. Riley and Manny Mashouf will beneficially own approximately 76% and 4%, respectively, of bebe's outstanding common shares.
RILY BEBE

Hot Stocks

16:02 EDT B. Riley Financial increases investment in bebe stores - B. Riley Financial (RILY) announced it has signed an agreement to purchase 3.7M shares of common stock of bebe stores (BEBE) from trusts formed by bebe founder, Manny Mashouf, at $5.00 per share for a total purchase price of $18.5M. The closing date of the transaction is expected to occur on September 30, subject to the satisfaction of certain closing conditions. Upon the closing of the transaction, B. Riley's total ownership of bebe will be approximately 76% of the shares of common stock outstanding. Mashouf, who plans to step down from his roles at bebe in the near future, will continue to own approximately 4% of bebe's outstanding shares of common stock.
LTMAY

Hot Stocks

14:19 EDT Latam Airlines corporate family rating upgraded to B1 at Moody's - Moody's Investors Service upgraded to B1 from B2 Latam Airlines' corporate family rating. The outlook remains stable. The upgrade of Latam's ratings reflects the better than anticipated operating and financial performance of the company during 2023, which allowed it to strengthen its credit metrics and liquidity, Moody's said in a statement.
AMSWA

Hot Stocks

14:17 EDT American Software adopts 10b5-1 trading plan for share repurchase program - American Software announced that it has entered into a Rule 10b5-1 trading plan to facilitate stock buybacks under an existing share repurchase program previously approved by the board of directors. There are 946,321 shares available for repurchase under the existing authorization. "We remain committed to strategically deploying capital to create long-term shareholder value. Our robust balance sheet and consistent cash flow generation provide us with ample capacity to execute our M&A strategy, as evidenced by our recent acquisition of AI forecasting pioneer Garvis, while returning capital to our stockholders through our quarterly dividend and share repurchases," said Allan Dow, CEO of American Software.
SO

Hot Stocks

14:01 EDT Southern Power acquires South Cheyenne Solar Facility - Southern Power, a subsidiary of Southern Company, announced the acquisition of its 30th solar project, the 150-megawatt South Cheyenne Solar Facility, from Qcells USA. "The project, located in Wyoming, is Southern Power's first solar facility in the state and contributes to the company's growing renewable fleet of clean generating assets from California to Maine. Construction is underway, and the project is expected to achieve commercial operation in the first quarter of 2024," the company stated.
BA...

Hot Stocks

13:20 EDT Air France-KLM to place order for 50 Airbus A350 family aircraft - The Air France-KLM Group (AFLYY) plans to place a landmark aircraft order to pursue the renewal and rationalization of its long-haul fleet, to the benefit of the Group's environmental and economic performance. This Group order will cover 50 Airbus (EADSY) A350-900 and A350-1000 aircraft - with purchase rights for 40 additional aircraft - with first deliveries expected in 2026 through to 2030. These aircraft will replace previous-generation aircraft, namely Airbus A330 and older Boeing (BA) 777 aircraft. This new order will come in addition to an existing Air France-KLM order for 41 Airbus A350-900s for Air France, of which 22 have been delivered to date. Air France-KLM will also be among the launch customers of the Airbus A350 Full Freighter version of the aircraft, having ordered 8 aircraft to renew and expand its cargo fleet. As of September 25, 2023, Air France-KLM operated a fleet of 533 aircraft to over 300 destinations worldwide. Once this order is placed, the Group will have over 220 aircraft on order, including 100 Airbus A320neo family aircraft, with first deliveries expected by the end of 2023. This order remains subject to standard company approvals. Reference Link
ONON

Hot Stocks

12:00 EDT On Holding falls -4.8% - On Holding is down -4.8%, or -$1.35 to $26.73.
AA

Hot Stocks

12:00 EDT Alcoa falls -4.9% - Alcoa is down -4.9%, or -$1.40 to $26.95.
ZIM

Hot Stocks

12:00 EDT ZIM Integrated falls -6.3% - ZIM Integrated is down -6.3%, or -72c to $10.70.
WSM

Hot Stocks

12:00 EDT Williams-Sonoma rises 9.4% - Williams-Sonoma is up 9.4%, or $13.21 to $153.22.
RYAM

Hot Stocks

12:00 EDT Rayonier Advanced Materials rises 9.9% - Rayonier Advanced Materials is up 9.9%, or 28c to $3.10.
SE

Hot Stocks

12:00 EDT Sea Limited rises 11.0% - Sea Limited is up 11.0%, or $3.96 to $39.92.
JRVR

Hot Stocks

11:31 EDT James River Group to sell individual risk workers' compensation renewal rights - James River Group Holdings announced that certain of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers' Compensation business to Amynta Group. The transaction includes the full operations of the business, including underwriting, loss control and claims, and transfer of the employees supporting the business. The IRWC business produced $53M of gross written premiums in 2022. It will operate under Amynta Work Comp Solutions. Frank D'Orazio, the company's CEO, commented, "We are confident that Amynta's scale and expertise in workers' compensation will provide the IRWC team with a strong platform for future growth. This transaction is aligned with our strategy to focus our resources on core businesses where we have meaningful scale. We are excited to establish a relationship with Amynta and look forward to partnering with them on future business opportunities."
WSFS

Hot Stocks

11:21 EDT WSFS names Beasley Bradley chief auditor, Goodman general counsel - WSFS Bank announced the hires of Alyson Beasley Bradley as Senior Vice President, Chief Auditor; Jeffrey Goodman as Senior Vice President, General Counsel; and Frank McGrane as Senior Vice President, Deputy Chief Credit Officer. In her new role, Beasley Bradley will report to Christine Davis, Executive Vice President, Chief Risk Officer. She will lead the Internal Audit Department and will oversee the continuous development and implementation of a comprehensive and effective internal audit program throughout the Company, including its subsidiary companies. In addition, she will work in partnership with WSFS' Independent Public Accounting firm and assume a lead management role for the Audit Committee of the Board of Directors. In his new role, Goodman will report to Lisa Washington, Senior Vice President, Chief Legal Officer, and will serve as the primary support and advisor to the Commercial division. In his new role, McGrane will report to Liam Brickley, Senior Vice President, Chief Credit Officer, and will have a senior leadership role in Commercial and Consumer credit administration, approval and policy matters. Prior to joining WSFS, Beasley Bradley served as Chief Audit Executive at Freedom Mortgage Corporation. Goodman served as Contract Counsel at Wells Fargo. McGrane served as Executive Vice President and Senior Credit Officer for Citizens Bank.
ICNC

Hot Stocks

10:06 EDT Iconic Sports Acquisition Corp trading resumes
GE

Hot Stocks

10:05 EDT GE Vernova signs MoC with Ukrhydroenergo - GE Vernova announced the signing of a Memorandum of Collaboration between its Hydro Power business and Ukrhydroenergo, Ukraine's largest operator of hydropower plants. As part of the two-year agreement, both companies will seek to identify opportunities to build and restore Ukraine's hydropower facilities. In particular, the MoC identifies a new pumped storage plant of Kaniv, the supply of 3 units of 324MW for the Dniester power plant, and the reconstruction of Kakhovka power plant, which was damaged during the war. This MoC provides a framework for potential contractual agreements in the future. "We are proud of this collaboration we are initiating with Ukrhydroenergo. These facilities are critical to powering Ukrainian houses, schools, hospitals and businesses with clean and reliable electricity," explained Frederic Ribieras, CEO of GE Vernova's Hydro Power business.
CRH

Hot Stocks

10:02 EDT CRH says third stage of buyback will commence today - CRH disclosed that between June 30 and September 22, 17.7M ordinary shares were repurchased on Euronext Dublin and the London Stock Exchange. CRH today also announces that it has entered into non-discretionary arrangements with Merrill Lynch International and BofA Securities to repurchase ordinary shares on CRH's behalf for an aggregate maximum consideration of up to $1B on the London Stock Exchange and/or in the United States, respectively. The buyback will commence today September 25, on the London Stock Exchange and no earlier than October 23 in the United States. This $1B tranche is the third stage of CRH's wider $3B program announced on March 2.
GFS

Hot Stocks

10:00 EDT GlobalFoundries applies for U.S. CHIPS and Science Act Funding - GlobalFoundries announced it has applied for U.S. CHIPS and Science Act Funding, with two full applications submitted to the CHIPS Program Office of the U.S. Department of Commerce. The submitted applications are for capacity expansion and modernization of GF's U.S. manufacturing facilities.
PKX

Hot Stocks

10:00 EDT Posco falls -5.1% - Posco is down -5.1%, or -$5.48 to $101.00.
AA

Hot Stocks

10:00 EDT Alcoa falls -5.3% - Alcoa is down -5.3%, or -$1.49 to $26.86.
PERF

Hot Stocks

10:00 EDT Perfect Corp. falls -8.7% - Perfect Corp. is down -8.7%, or -30c to $3.13.
JOBY

Hot Stocks

10:00 EDT Joby Aviation rises 7.8% - Joby Aviation is up 7.8%, or 48c to $6.70.
WSM

Hot Stocks

10:00 EDT Williams-Sonoma rises 8.1% - Williams-Sonoma is up 8.1%, or $11.40 to $151.41.
DTC

Hot Stocks

10:00 EDT Solo Brands rises 8.2% - Solo Brands is up 8.2%, or 37c to $4.88.
ICNC

Hot Stocks

09:55 EDT Iconic Sports Acquisition to redeem Class A shares, won't consummate combination - Iconic Sports Acquisition Corp. announced that its board of directors has determined to redeem all of its issued and outstanding Class A ordinary shares, effective as of October 11, because the company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association, as extended in connection with the company's extraordinary general meeting of shareholders held on April 20. The redemption of the shares is expected to be completed on or around October 11, or ten business days following the company's extension deadline on September 26. The per-share redemption price for the shares will be approximately $10.82.
NIO

Hot Stocks

09:47 EDT Nio falls -6.7% - Nio is down -6.7%, or -57c to $7.96.
PERF

Hot Stocks

09:47 EDT Perfect Corp. falls -7.3% - Perfect Corp. is down -7.3%, or -25c to $3.18.
SGHC

Hot Stocks

09:47 EDT Super Group falls -7.4% - Super Group is down -7.4%, or -26c to $3.24.
DTC

Hot Stocks

09:47 EDT Solo Brands rises 4.7% - Solo Brands is up 4.7%, or 21c to $4.72.
WSM

Hot Stocks

09:47 EDT Williams-Sonoma rises 5.2% - Williams-Sonoma is up 5.2%, or $7.34 to $147.35.
JOBY

Hot Stocks

09:47 EDT Joby Aviation rises 6.1% - Joby Aviation is up 6.1%, or 38c to $6.60.
NYMX

Hot Stocks

09:45 EDT Nymox announces submission of MAA for Nymozarfex for BPH - Nymox Pharmaceutical announced that a new formal submission has been made by the company in the U.K. for Nymozarfex for the treatment of benign prostatic hyperplasia. The Marketing Authorization Application was submitted to the U.K. Medicines & Healthcare products Regulatory Agency. The new submission includes England, Wales, Scotland and Northern Ireland. The company will provide further information, including with respect to other submissions for Nymozarfex, when the information becomes available. Paul Averback MD, CEO of Nymox said, "We thank our team members and many very important expert collaborators for their efforts and perseverance involved in the ongoing process. This product is a major innovation and there is a great need for men throughout the world to have access to this technology, which is unique. We will continue to provide updates and all relevant communications whenever appropriate. The Company is very grateful for the solid support of our valued stakeholders."
BCLI

Hot Stocks

09:44 EDT BrainStorm falls 40% as FDA highlights concerns with NurOwn to AdCom - Shares of BrainStorm are down over 40% in pre-market trading after the FDA submitted its briefing document regarding its "concerns about the consistency of the manufacturing process and potential sources of product variability" ahead of the Cellular, Tissue, and Gene Therapies Advisory Committee meeting on September 27th to discuss the company's Biologics License Application for debamestrocel, or NurOwn, for treatment of patients with amyotrophic lateral sclerosis, or ALS. Reference Link
GDHG

Hot Stocks

09:42 EDT Golden Heaven Group Holdings Ltd trading resumes
FSTR FUPBY

Hot Stocks

09:37 EDT L.B. Foster, FUCHS extend partnership with friction management products - L.B. Foster Company (FSTR) announced that its North American strategic partnership with FUCHS Lubricants Co. (FUPBY) will be extended to additional rail markets in South America, Australia, and China. The partnership combines L.B. Foster's expertise in the deployment of total friction management solutions for the global rail industry with FUCHS's manufacturing capabilities and lubrication solutions for railway traffic. Together, L.B. Foster and FUCHS continue to push innovation in friction management lubricant products to drive considerable savings to its customers through rail and wheel wear reduction, increased operational efficiencies, and improved safety. This strategic partnership facilitates driving global production of the L.B. Foster and FUCHS co-branded greases in international growth regions as well as continuing to support the increasing demands in North America.
KSCP PENN

Hot Stocks

09:37 EDT Knightscope to provide Penn Entertainment with technology services - Knightscope (KSCP) announced that it has signed an agreement with PENN Entertainment (PENN) to offer Knightscope technologies to its 43 gaming and racing properties nationwide. Knightscope recently deployed its first K5 Autonomous Security Robot at Penn Entertainment's M Resort Spa Casino in Nevada, followed by subsequent deployments at Ameristar Casino Hotel Council Bluffs in Iowa and Hollywood Casino Aurora in Illinois. "PENN Entertainment's commitment to safety and the guest experience is extraordinary," said William Santana Li, chairman and CEO at Knightscope. "We are overjoyed that we will be providing Knightscope technologies across its portfolio to protect the surge of guests arriving and departing from all of its properties daily."
MSA

Hot Stocks

09:33 EDT MSA Safety expands brand marketing partnership with Pittsburgh Penguins - MSA Safety and the Pittsburgh Penguins came together at the UPMC Mario Lemieux Sports Complex near Pittsburgh to announce an expanded marketing partnership where the MSA Safety brand will be featured on the team's away-game helmets, starting with the 2023-24 National Hockey League season. The partnership expands MSA's association with the Penguins, which was established in 2016. Under the new three-year agreement, the MSA Safety logo will appear on both sides of the Penguins players' white helmets for all road games through the 2025-26 regular season and playoffs. In addition to the helmet placement, the sponsorship includes placement of the MSA brand on dasher boards inside PPG Paints Arena and throughout the venue via digital signage
GDHG

Hot Stocks

09:32 EDT Golden Heaven Group Holdings Ltd trading halted, volatility trading pause
WTHVF

Hot Stocks

09:31 EDT Westhaven Gold provides exploration update at Shovelnose Gold Property - Westhaven Gold provides an exploration update on its 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia. Highlights from the ongoing program include: MIK hole SN23-360 intersected 3.68 metres of 17.61 g/t gold and 31.49 g/t silver, including 1.65m of 27.6 g/t Au. Five drill holes from MIK are pending assays. MIK hole SN23-362 intersected 2.44m of 3.43 g/t gold and 15.65 g/t silver, including 0.44m of 12.9 g/t Au and 73.2 g/t Ag. Drilling at the Hydrothermal Breccia 2 extended the known mineralization by 180m, intersecting 5.51m of 0.58 g/t Au and 0.49 g/t Ag, including 1.5 g/t Au over 1.0m. 23 silt samples collected have assays over 100 ppb gold, including 1985 ppb Au, 1440 ppb Au, 871 ppb Au, 328 ppb Au, 282 ppb Au. Recent prospecting, approximately 3 kilometres southeast of the South Zone, has uncovered a showing of tuff containing fragments of hydrothermal quartz, within 150m of a gold soil anomaly. Grab sample assays are pending. Gareth Thomas, President & CEO, states: "Drilling the highest-grade gold intercept off the main Zone One Trend that hosts all the major discoveries since late 2018 adds to our conviction that the large and underexplored Shovelnose Gold Property has a lot more discoveries to be made. Not only has this additional drilling improved our understanding of the MIK target area, but it has also opened up a highly prospective area that warrants further follow up drilling in the near term. Our technical team has been prospecting, mapping and sampling underexplored areas on Shovelnose where new showings have been discovered, including a hydrothermal outcrop approximately 3kms southeast of the South Zone along strike. We look forward to further defining these new targets with the goal to drill test them soon."
ICNC

Hot Stocks

09:28 EDT Iconic Sports Acquisition Corp trading halted, news pending
MULN

Hot Stocks

09:27 EDT Mullen Automotive receives EPA certification for Class 3 EV commercial vehicles - Mullen Automotive announces its achievement of a key milestone with full approval from the Environmental Protection Agency with certification for Class 3 EV Commercial Vehicles received on Sept. 22, 2023. Class 3 vehicle production began in August 2023 with the first vehicles rolling off the assembly line on Aug. 21, 2023. In addition, the Mullen Class 3 EV Cab Chassis Truck has completed all required testing requirements for Federal Motor Vehicle Safety Standards and compliance. With EPA certification in-hand and FMVSS compliance, Mullen can now begin shipments of Class 3 EVs for customer deliveries. Mullen previously announced on May 2, 2023, a Class 3 vehicle order with Randy Marion Automotive for 1,000 all-electric cab chassis trucks valued at $63 million. In addition, it was announced on May 11, 2023, that MGT Lease Company, a national fleet leasing provider, will purchase 250 Class 3 EV cab chassis trucks under a contract valued at $15.7 million. On Aug. 28, 2023, Mullen also received an order for Class 3 EV trucks from NRTC Automation Group.
SNPS TSM

Hot Stocks

09:24 EDT Synopsys, TSMC collaborate to accelerate 2nm innovation - Synopsys (SNPS) announced that its digital and custom/analog design flows are certified for TSMC's (TSM) N2 process technology, enabling faster delivery of advanced-node SoCs with higher quality. Both flows are seeing strong momentum, with the digital design flow achieving multiple tape-outs and the analog design flow adopted for several design starts. The design flows, powered by the Synopsys.ai full-stack AI-driven EDA suite, deliver a significant lift in productivity. Synopsys Foundation and Interface IP in development for the TSMC N2 process will help reduce integration risk and speed time to market for advanced HPC, AI, and mobile SoCs. Additionally, Synopsys AI-driven design technologies, including Synopsys DSO.ai, are enabled to fast-path the optimization of N2 design to improve the power, performance, and area.
DKDCA

Hot Stocks

09:23 EDT Data Knights, OneMedNet announce effectiveness of registration statement - OneMedNet Corporation and Data Knights Acquisition announced that the Securities and Exchange Commission has declared effective the registration Statement on Form S-4 in connection with OneMedNet and Data Knights' previously announced proposed business combination. The Registration Statement provides important information about OneMedNet, DKAC and the Business Combination. Data Knights also announced that it will hold a special meeting of its stockholders virtually via live webcast at https://www.cstproxy.com/dataknights/2023 on October 17, 2023 at 10 a.m. Eastern Time for its stockholders of record as of the close of business on September 20, 2023, at which Data Knights' shareholders will be asked to consider and vote upon proposals to approve the Business Combination and related matters. Data Knights will also file a definitive proxy statement/prospectus with the SEC relating to the Business Combination and will commence mailing the definitive proxy statement/prospectus to its stockholders as of the Record Date as soon as practicable. The Business Combination is expected to close shortly after the special meetings of the stockholders of Date Knights and OneMedNet, subject to the approval of the stockholders of each of Data Knights and OneMedNet at those meetings. The Business Combination is expected to close shortly after the Special Meeting, subject to shareholder approvals and the satisfaction or waiver of the conditions in the business combination agreement and other customary closing conditions. Upon closing of the Business Combination, the post-closing company will be renamed "OneMedNet Corporation" and its common stock and warrants are expected to trade on The Nasdaq Stock Market under the ticker symbols "ONMD" and "ONMD," respectively.
DSX

Hot Stocks

09:19 EDT Diana Shipping announces time charter contracts for m/v DSI Pyxis, m/v Maia - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Marine Limited for one of its Ultramax dry bulk vessels, the m/v DSI Pyxis. The gross charter rate is $14,250 per day, minus a 5% commission paid to third parties, for a period until minimum October 10, 2024 up to maximum December 10, 2024. The charter commenced on September 24, 2023. The "DSI Pyxis" is a 60,362 dwt Ultramax dry bulk vessel built in 2018. The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping and Transport Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Maia. The gross charter rate is $13,500 per day, minus a 5% commission paid to third parties, for a period until minimum June 15, 2024 up to maximum August 20, 2024. The charter commenced on September 23, 2023. The "Maia" is a 82,193 dwt Kamsarmax dry bulk vessel built in 2009. The employments of "DSI Pyxis" and "Maia" are anticipated to generate approximately $8.91 million of gross revenue for the minimum scheduled periods of the time charters.
AXTA

Hot Stocks

09:16 EDT Axalta Coating general counsel, corporate secretary Brian Berube to retire - Axalta Coating Systems announced that Brian Berube has decided to retire as Senior Vice President, General Counsel & Corporate Secretary at the end of this year. Alex Tablin-Wolf, who currently serves as Vice President and Associate General Counsel, has been appointed his successor effective January 1, 2024. Mr. Tablin-Wolf will become Senior Vice President, General Counsel and Corporate Secretary at that time, reporting directly to Axalta CEO and President, Chris Villavarayan.
HRYU

Hot Stocks

09:14 EDT Hanryu Holdings collaborates with NON Corp. to sell Dr. Clo products - Hanryu Holdings announced collaborating with NON Corp. to sell its leading Dr. Clo branded products on the FANTOO application with the marketing assistance of its flagship digital character, DeokGom. Established in 2016, NON owns an intellectual property portfolio for organic disinfectants, deodorants, and infection prevention products. As of 2021, NON's flagship product, the disinfectant and deodorizing stick ' Dr. Clo', has recorded sales of over 14 million units worldwide. Hanryu and NON have committed to establishing business plans and product planning, developing products utilizing the FANTOO platform and characters, and exploring opportunities for product sales and supply. The FANTOO character, 'DeokGom', is slated to be integrated into the design of the disinfectant and deodorizing product 'Dr. Clo.' The product is scheduled for a future launch on TV home shopping.
SCLX

Hot Stocks

09:11 EDT Scilex: Indiana Medicaid will add Elyxyb as a preferred agent to PDL October 1 - Scilex Holding Company announced the State of Indiana Medicaid will add Elyxyb as a preferred agent to its Preferred Drug List effective October 1. As Indiana is a Single PDL State, where the five Indiana Managed Medicaid plans must follow the State PDL, this change improves access to Elyxyb for all eligible patients under the Indiana Medicaid umbrella, the combined traditional Medicaid and Managed Medicaid populations, totaling approximately 1.2M lives, between the ages of 18-64. Under the new terms, Elyxyb will be Preferred with the following prior authorization criteria: Migraine Dx, 18 & Older; Trial and failure of 1 preferred triptan or contraindication to triptans; Elyxyb will have a QL of 6 bottles. "We are pleased to announce our first Elyxyb managed health care win with the Medicaid plan in Indiana, which we believe is an important step to expand utilization of Elyxyb throughout the U.S. Importantly, our diversified portfolio of unique, leading programs will increasingly allow us to offer patients complementary and standalone opioid-sparing outpatient pain management solutions," said Jaisim Shah, Chief Executive Officer of Scilex Holding Company.
LPLA

Hot Stocks

09:10 EDT LPL Financial: Wealth Management joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisors Angelo Burns, Larisa Holiday, Eli Montoya and Manny Pedroza have joined LPL Financial's broker-dealer, RIA and custodial platforms. The team reported having served approximately $260 million in advisory, brokerage and retirement plan assets, and joins LPL from Corebridge Financial, formerly Valic, part of AIG.
DB

Hot Stocks

09:08 EDT Deutsche Bank unit DWS to pay $25M for anti-money laundering violations - The Securities and Exchange Commission has charged registered investment adviser DWS Investment Management Americas Inc., a subsidiary of Deutsche Bank AG, in two separate enforcement actions, one addressing its failure to develop a mutual fund Anti-Money Laundering program, and the other concerning misstatements regarding its Environmental, Social, and Governance investment process. To settle the charges, DIMA agreed to pay a total of $25M in penalties. In the AML action, the SEC's order finds that DIMA caused mutual funds it advised to fail to develop and implement a reasonably designed AML program to comply with the Bank Secrecy Act and applicable Financial Crimes Enforcement Network regulations. The order also finds that DIMA caused such mutual funds' failure to adopt and implement policies and procedures reasonably designed to detect activities indicative of money laundering and to conduct AML training specific to the mutual funds' business. Reference Link
CCLD

Hot Stocks

09:07 EDT CareCloud in deals with MEDITECH for implementation partner at 3 institutions - CareCloud announced it recently solidified contracts to serve as the MEDITECH implementation partner for three esteemed healthcare institutions: La Paz Regional Hospital in Arizona, Russell Medical Center in Alabama, and Memorial Hospital and Manor in Georgia.
EDIT

Hot Stocks

09:07 EDT Editas Medicine appoints Caren Deardorf as chief commercial, strategy officer - Editas Medicine announced the appointment of Caren Deardorf as the Company's first Chief Commercial and Strategy Officer. Ms. Deardorf will build and lead Editas Medicine's commercial organization, strategy, and execution to support all launch, commercialization, and lifecycle management activities of the Company's current and future pipeline of products. Most recently, Ms. Deardorf served as the Chief Commercial Officer of Magenta Therapeutics.
AVGO NFLX

Hot Stocks

09:05 EDT Broadcom says court rules Netflix infringing on video patent - Broadcom (AVGO) announced that the District Court of Munich, Germany, ruled that Netflix (NFLX) is infringing a Broadcom patent related to HEVC/H.265 video coding. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany. Since 2018, Netflix and Broadcom have been engaged in a wide-ranging patent dispute whereby Broadcom has accused Netflix of infringing numerous U.S., German, and Dutch patents through its provision of its video streaming service. The European patent at issue in this ruling, EP 2 575 366, covers key features of digital video processing often used in HEVC/H.265 video coding. The court, on September 19, 2023, ruled that Netflix is infringing the '366 Patent through its transmission of HEVC video, which Netflix employs to provide Ultra HD content to its users. The resulting court-ordered injunction prohibits Netflix from providing certain video streaming services utilizing Broadcom's patented technology.
SCYX

Hot Stocks

09:04 EDT Scynexis down 29% after announcing Brexafemme recall - Scynexis shares are down 96c, or 29%, to $2.35 in pre-market trading.
PIPR

Hot Stocks

09:03 EDT Piper Sandler appoints Avey, Gerber as co-heads of public finance - Piper Sandler Companies has named Dustin Avey and Jeremy Gerber as co-heads of public finance. Avey and Gerber will report to Deb Schoneman, president at Piper Sandler. Frank Fairman, current head of public finance, will remain with the firm in an advisory capacity into 2024. Avey has been with the firm since 2007. Gerber has been with the firm since 2011.
HPQ

Hot Stocks

09:03 EDT Berkshire Hathaway sells 4.97M shares of HP Inc. for $26.98 per share - Warren Buffett's Berkshire Hathaway sold 4,788,472 shares of HP Inc on September 22 at a trading price of $26.98 per share. This transaction reduced his total holdings in HP Inc to 110,662,174 shares. Berkshire Hathaway still holds an 11.2% stake in the company.
EGTYF

Hot Stocks

09:03 EDT Eguana Technologies, Virtual Peaker partner with MMWEC for NextZero program - Eguana Technologies and Virtual Peaker have partnered with the Massachusetts Municipal Wholesale Electric Company to join their NextZero Connected Homes Program. This partnership is the newest addition to its rapidly growing roster of US utility operator partners, as virtual power plants continue to expand across the United States energy storage market. The Connected Homes program offers customers of participating Member utilities technology to better utilize smart appliances and devices, such as Eguana's home energy storage battery systems, to better manage their electric load. This generates cost savings and reduces the carbon footprint of both the utility and its customers. Homeowners will benefit from upfront rebates on Eguana systems and monthly rewards for participating in the program.
AJG

Hot Stocks

09:03 EDT Arthur J. Gallagher acquires Hartley Cylke Pacific Insurance Services, no terms - Arthur J. Gallagher & Co. announced the acquisition of San Diego, California-based Hartley Cylke Pacific Insurance Services. Terms of the transaction were not disclosed. Hartley Cylke Pacific Insurance is a retail insurance broker specializing in transportation for clients throughout California and Arizona.
SCYX GSK

Hot Stocks

09:03 EDT Scynexis recalling Brexafemme from market, placing temporary hold on studies - In a regulatory filing, Scynexis (SCYX) stated: "Following a recent review by GSK of the manufacturing process and equipment at the vendor that manufactures the ibrexafungerp drug substance, Scynexis became aware that a non-antibacterial beta-lactam drug substance is manufactured using equipment common to the manufacturing process for ibrexafungerp. Current FDA guidance recommends segregating the manufacture of beta-lactam compounds from other compounds since beta-lactam compounds have the potential to act as sensitizing agents that may trigger hypersensitivity or an allergic reaction in some people. In the absence of the recommended segregation, there is a risk of cross contamination. It is not known whether any ibrexafungerp has been contaminated with a beta-lactam compound and Scynexis has not received reports of adverse events established to be due to the possible beta-lactam cross contamination. Nonetheless, in light of this risk and out of an abundance of caution (and aligned with GSK's recommendation), Scynexis is recalling Brexafemme ibrexafungerp tablets from the market and placing a temporary hold on clinical studies of ibrexafungerp, including the Phase 3 MARIO study, until a mitigation strategy and a resupply plan are determined."
SHPH

Hot Stocks

09:02 EDT Shuttle Pharmaceuticals announces results of pre-IND meeting with FDA - Shuttle Pharmaceuticals announced receipt of written responses to questions submitted for a Type B pre-Investigational New Drug Application meeting with the U.S. FDA. The FDA's positive feedback and guidance on the company's Chemistry, Manufacturing, and Controls and clinical protocol design for Ropidoxuridine provides a pathway to IND application submission in the fourth quarter of 2023 to initiate the Phase 2 clinical trial. The company remains on track to initiate the clinical trial in Q4 of 2023.
NIO

Hot Stocks

09:00 EDT Nio 'currently has no reportable capital raising activity' - Nio said, "The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Company's American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023. The Company is committed to maintaining transparent and timely communication with the public market, and will promptly announce any material information in accordance with applicable laws, listing rules, and best corporate practices."
TAK

Hot Stocks

09:00 EDT Takeda announces approval of CUVITRU in Japan - Takeda announced that the Japanese Ministry of Health, Labour and Welfare has approved the use of CUVITRU in patients aged 2 years and older with agammaglobulinemia or hypogammaglobulinemia1, disorders characterized by very low or absent levels of antibodies and an increased risk of serious recurring infection caused by primary immunodeficiency or secondary immunodeficiency. The approval marks Takeda's first subcutaneous immunoglobulin therapy for patients in Japan. "We are delighted that CUVITRU, approved in more than 30 countries worldwide, has now been approved in Japan as our first subcutaneous immunoglobulin treatment for agammaglobulinemia or hypogammaglobulinemia," said Naoyoshi Hirota, regional head of research & development for Takeda's Plasma-Derived Therapies Business Unit in Japan. "Patients with immunodeficiency often contract serious infections, including pneumonia, sepsis and other recurring infections. Immunoglobulin replacement therapy is the standard of care, and we are proud to offer a new flexible dosing regimen to patients in Japan."
SCYX

Hot Stocks

09:00 EDT Scynexis trading resumes
GETY

Hot Stocks

08:59 EDT Getty Images launches Generative AI by Getty Images - Getty Images announced the launch of Generative AI by Getty Images, a new tool that pairs the company's creative content with the latest AI technology for a commercially safe generative AI tool. Generative AI by Getty Images is trained on the Edify model architecture, which is part of NVIDIA Picasso, a foundry for generative AI models for visual design. The tool is trained solely from Getty Images' vast creative library, including exclusive premium content, with full indemnification for commercial use. Sitting alongside the company's broader services, Generative AI by Getty Images works seamlessly with the company's expansive library of authentic and compelling visuals and Custom Content solutions, allowing customers to elevate their entire end-to-end creative process to find the right visual content for any need.
PMBHF

Hot Stocks

08:58 EDT PharmAla Biotech receives first office action for PharmAla-1 PCT filing - PharmAla Biotech has received the first office action from the Patent Cooperation Treaty filing for the company's novel PharmAla-1 molecule. The filing for P-1 showed the molecule to be novel, with no previous Prior Art shown; It was also found to be inventive, due to the beneficial toxicology of P-1 compared to similar molecules, as shown by preclinical rodent model data generated by the laboratory of Prof. William Fantegrossi at the University of Arkansas for Medical Sciences. PharmAla-1 was first discovered through computational in-silico modelling exercises via PharmAla Biotech's partnership with the University of Windsor, for which PharmAla has also received a grant from the Ontario Centres for Innovation. Proof-of-concept testing for P-1 showed significant efficacy and pro-social effect at dosage levels far lower than MDMA, PharmAla's primary comparator molecule, as well as excellent safety pharmacology. P-1 is not considered a controlled substance anywhere in the world.
REGN

Hot Stocks

08:47 EDT Regeneron completes Decibel acquisition, any guidance update to be in Q3 - Regeneron Pharmaceuticals announced that it has successfully completed its acquisition of Decibel Therapeutics strengthening the company's gene therapy and auditory programs.The acquisition of Decibel builds on prior collaboration between the companies and includes three ongoing gene therapy programs targeting different forms of congenital, monogenic hearing loss. The most advanced clinical-stage candidate is DB-OTO, which is currently being studied in the global Phase 1/2 CHORDTM clinical trial, and is an investigational cell-selective, adeno-associated virus gene therapy designed to provide durable, physiological hearing to individuals with profound, congenital hearing loss caused by mutations of the otoferlin gene... ...As of the tender offer expiration, a total of 19,797,530 shares had been validly tendered and not validly withdrawn, representing, together with the shares held by Regeneron, approximately 86.1% of the outstanding shares. As a result of the completion of the offer, all holders of shares that were validly tendered become entitled to $4 with an additional non-tradeable contractual contingent value right to receive up to $3.50 per share in cash upon achievement of certain clinical development and regulatory milestones for Decibel's lead investigational candidate, DB-OTO, within specified time periods. Any changes to Regeneron's 2023 GAAP and non-GAAP financial guidance as a result of this transaction will be reflected in the guidance update to be provided in conjunction with Regeneron's third quarter 2023 earnings announcement. Regeneron's legal advisor for the transaction is Wachtell, Lipton, Rosen & Katz. Centerview Partners and Leerink Partners served as Decibel's financial advisors and Wilmer Cutler Pickering Hale and Dorr served as Decibel's legal advisor.
AIMD

Hot Stocks

08:42 EDT Ainos enters securities purchase agreement with Lind Global Fund II - Ainos has entered into a securities purchase agreement with Lind Global Fund II LP, an investment fund managed by The Lind Partners, a New York based institutional fund manager to issue and sell the initial $3 million tranche of a total anticipated $10 million private placement with $2 million funded at closing and $1 million to be funded subject to shareholder approval, effective registration statement and conditions specified in the agreement. The investment is in the form of a Senior Secured Convertible Promissory Note. The Note has an 18-month maturity. In addition, the Note will be convertible into Ainos' shares of common stock at an initial conversion price equal to $1.50 per share and subject to adjustment as further specified in the Note. The Note will be repayable in cash upon maturity. Prior to maturity, the Investor can convert to common stock at conditions specified in the agreement, following the earlier of 90 days from closing or effective registration statement. The Note contains certain prepayment options and participation rights. The private placement is subject to customary closing conditions. As part of the investment, the Investor was also granted five-year warrants equal to 75% of the funded amount at an initial exercise price equal to $0.90 per share of common stock, subject to adjustment. Maxim Group LLC is acting as the lead placement agent for the private placement. Brookline Capital Markets, a division of Arcadia Securities, LLC is acting as the co-placement agent for the private placement. Ainos has agreed to file a registration statement registering for the resale of the shares of common stock issuable upon the conversion of the Note and upon the exercise of the warrants. Upon the shareholder approval and effectiveness of the resale registration statement, and subject to the satisfaction of certain conditions, additional tranches of funding may be provided by mutual agreement of the Investor and the Company in the aggregate amount up to $7.0 million. The Investor will be entitled to receive an additional warrant equal to 75% of the increased funding amount with an exercise price equal to 125% of the average of the ten daily VWAPs during the ten trading days prior to the subsequent closing date. Ainos plans to use the proceeds from this financing to fund clinical trials, commercial product launch, and working capital.
PCT

Hot Stocks

08:40 EDT Port of Antwerp-Bruges officials visit PureCycle's Ironton facility - PureCycle Technologies recently hosted officials from the Port of Antwerp-Bruges, including CEO Jacques Vandermeiren, at their flagship purification facility in Ironton. The PoAB group was shown the ongoing operations at the facility which will closely resemble PureCycle's future facility in Europe. PureCycle CEO Dustin Olson said, "It's always great to host visitors to our facility, but this was extra special. Jacques and his team from the Port of Antwerp-Bruges have been incredibly supportive of PureCycle's efforts to bring our recycling technology to Europe. It was great to have them get more familiar with our process and see some of the recently produced pellets." The visit from the PoAB delegation comes following the recent Green Transition: Belgium-US Partnership event in New York, NY on September 20th. PureCycle CEO Dustin Olson attended the event and had the chance to discuss collaborative opportunities with both the Belgian Prime Minister Alexander De Croo and Vandermeiren. Located within the NextGen District at the Port of Antwerp-Bruges, PureCycle's future site will occupy a 14-hectare plot that can house up to 4 purification lines. This means the site has the capability of creating an anticipated total capacity of 240,000 metric tons of PureCycle's Ultra-Pure Recycled resin annually.
NWGL

Hot Stocks

08:39 EDT Nature Wood Group in strategic pacts to launch supramolecular materials project - Nature Wood Group Limited announced its Chinese subsidiary Foshan City Linjia Technology Company Limited has entered into a framework agreement with the Research Institute of Wood Industry, Chinese Academy of Forestry on September 22 pursuant to which Linjia Tech has formed a five-year innovative partnership with the Research Institute on the research and development in relation to biomass supramolecular and biomass carbon electrode new materials. This collaboration marks a significant stride towards advancing biomass carbon innovation, with both parties dedicated to propelling advancements in biomass supramolecular and biomass carbon electrode materials. Under the Framework Agreement, the Research Institute will carry out research and development work according to the technological requirements put forward by Linjia Tech and promote the technological innovation of Linjia Tech on new biomass supramolecular materials. The Research Institute will offer to transfer to Linjia Tech in priority of any of its technological achievements relating to biomass carbon. The Research Institute will also provide technical service to Linjia Tech's information exchange home and abroad on new biomass supramolecular materials, deploy experts to Linjia Tech for technical support and organize teachers and students to Linjia Tech to carry out scientific research practice activities, etc. Both parties will jointly participate in various scientific and technological projects promoted by the national or local governmental bodies and carry out exchanges and discussions on relevant policies, industry trends and market developments, etc. Both parties are committed to strengthening the innovative research work in the field of biomass supramolecular and biomass carbon electrode new materials to drive the development of sustainable batteries from renewable sources worldwide.
QEPC LIVE

Hot Stocks

08:38 EDT Q.E.P. Company completes sale of certain Harris Flooring Group assets - Q.E.P. (QEPC) announced that, on September 20, 2023, it completed the sale of certain assets of its Harris Flooring Group to Marquis Industries, a subsidiary of Live Ventures Incorporated (LIVE), in a transaction valued at approximately $10 million. The purchased assets include the Naturally Aged Flooring, Harris, Kraus and Heritage Mill brands in North America, as well as related inventory and associated domain names and websites. Marquis Industries has also extended offers of employment to substantially all Harris Flooring Group employees. QEP's primary flooring-related businesses in tools, adhesives, underlayment and accessory products are not included in this transaction. As the Company is currently in the process of selling the remaining assets of the Harris Flooring Group, the Company cannot at this time make a good faith determination of cost estimates, or ranges of cost estimates, associated with the sale of all Harris Flooring Group assets. If required, the Company will provide such information at such time as its management is able in good faith to estimate the amount, or range of amounts, of these costs.
CHRS

Hot Stocks

08:36 EDT Coherus Biosciences receives FDA CRL for UDENYCA ONBODY BLA - Coherus BioSciences announced that the U.S. Food and Drug Administration issued a Complete Response Letter regarding the Biologics License Application supplement for UDENYCA ONBODY, the company's on-body injector presentation of UDENYCA, solely due to an ongoing review of inspection findings at a third-party filler. The CRL did not identify any issues with the UDENYCA ONBODY clinical efficacy or safety, trial design, labeling, drug substance manufacturing, or device design or manufacturing, and no additional data or trials have been requested. Coherus is committed to working closely with the FDA and the third-party filler to bring UDENYCA ONBODY to cancer patients requiring pegfilgrastim treatment as quickly as possible. Coherus also announced today that the FDA has completed the clinical study site inspections of three clinical sites in China that enrolled subjects in the two pivotal clinical trials supporting the toripalimab BLA for the treatment of metastatic or recurrent nasopharyngeal carcinoma as first-line treatment or as second or greater line treatment. Only one site received an FDA Form 483, with one observation noted. Coherus believes the observation is readily addressable. Coherus continues to anticipate potential approval for toripalimab by year end 2023.
RNAZ

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08:35 EDT Transcode announces positive pre-clinical glioblastoma results with TTX-MC138 - TransCode Therapeutics announced positive results with its lead therapeutic candidate, TTX-MC138, in murine models bearing human glioblastoma multiforme GBM tumors. In this study, the therapeutic candidate was delivered to brain tumors and effectively engaged its target ... In the study reported by TransCode, mice implanted with tumors derived from human GBM patients were treated with TTX-MC138 and imaged by magnetic resonance imaging MRI to determine delivery of the therapeutic candidate to the tumors. In addition, the pharmacodynamic activity of TTX-MC138 was determined by measuring inhibition of the therapeutic target, miRNA-10b, using qRT-PCR. TTX-MC138 was injected intravenously and accumulated efficiently in the tumors. Importantly, the therapeutic candidate showed lasting activity and significantly inhibited miRNA-10b, known to be a driver of tumor progression in glioblastoma... TransCode's Chief Technology Officer, Zdravka Medarova, commented, "We believe that the latest data obtained in GBM further support the application of TTX-MC138 for the treatment of cancer. Given the lethal nature of this disease and the paucity of therapeutic options for patients with GBM, a therapeutic candidate with a novel mechanism of action, such as TTX-MC138, could have a dramatic impact on patient outcomes considering the evidence obtained to date of disease regressions by this therapeutic candidate in various cancers"...TransCode's first-in-human clinical trial with TTX-MC138 is open for enrollment and has dosed it' first patient. In this clinical trial, up to 12 patients will be given a single microdose of radiolabeled TTX-MC138 followed by noninvasive PET-MRI and other testing.
GBTC

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08:32 EDT Grayscale Investments announces brand refresh - Grayscale Investments is celebrating the 10th anniversary of both the firm and its flagship fund, Grayscale Bitcoin Trust, by unveiling its 2023 brand refresh - reflecting the firm's decade-long evolution, as well as its future-forward commitment to investors. Grayscale's business was built embracing U.S. financial rules and regulations, underpinned by one fundamental belief: investors deserve transparent, regulated access to crypto. Since 2013, Grayscale has spearheaded digital asset investing and is proud to have grown GBTC into the world's largest Bitcoin investment vehicle. "Over the last decade, we have created a family of 18 proven investment products, which provide innovative exposure to the crypto ecosystem. To honor our heritage and convey our excitement for the next decade, today we are unveiling our new brand," said Grayscale CEO Michael Sonnenshein. "Our goal was to reimagine our brand with visual elements that reflect Grayscale's mission, vision, and values. At Grayscale, we believe everyone should have access to the digital economy, and we will always strive to be the asset manager of choice for savvy, future-focused investors around the world."
LTRN

Hot Stocks

08:31 EDT Lantern Pharma announces first patient dosed in Phase 1 study for LP-184 - Lantern Pharma announced the dosing of the first patient in the Phase 1 clinical trial evaluating Lantern's investigational new drug LP-184 in patients with advanced solid tumors. "The first patient dosing in our Phase 1 trial of LP-184 is a critical milestone and underscores the commitment of our team to advancing our pipeline of therapies to patients," stated Panna Sharma, Lantern's President and CEO. "This milestone is about more than advancing a novel drug candidate. It also validates our unique approach of leveraging AI and machine learning to expedite drug development. Insights from our proprietary AI and ML platform, RADR, were instrumental in our development of LP-184 and aided in understanding its mechanism of action, identifying and prioritizing its cancer indications, and generating machine learning biomarker signatures to assist with patient selection in future clinical trials. The rapid advancement of LP-184 into a first-in-human Phase 1 trial underscores the immense potential that we see in this drug candidate, as well as for our approach to AI-enabled drug development. We believe LP-184 has blockbuster potential for patients with multiple types of advanced solid tumors and CNS cancers, many of which have no or limited effective therapeutic options, and we are excited to envision the impact this could have in transforming the lives of patients."
ATIF

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08:31 EDT ATIF Holdings unit signs agreement with Genehope - ATIF Holdings announces that its subsidiary, ATIF Business Management LLC, has entered into a services agreement with Genehope Holdings and, pursuant to the terms of the agreement, provides it with corporate advisory services. Through many in-depth communications and conversations, ATIF has fully understood Genehope's strategic planning and corporate needs, and conducted preliminary due diligence on Genehope to deeply understand its business model, market size and development prospects. The two sides reached a consensus on promoting Genehope's high-quality development through capital market, and formally signed a service agreement.
SCYX

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08:25 EDT Scynexis trading halted, news pending
OBNNF BONXF

Hot Stocks

08:16 EDT Osisko, Bonterra enter agreement for exploration earn-in, JV on Urban-Barry - Osisko Mining (OBNNF) entered into a binding letter agreement with Bonterra Resources (BONXF) for a 70% exploration earn-in and joint venture on all of the Urban-Barry properties held by Bonterra, in addition to the adjoining Duke and Lac Barry properties, all located in Quebec's Eeyou Istchee James Bay region. The Duke property is currently 70% owned by Bonterra and 30% owned by Osisko, and the Lac Barry property is currently 85% owned by Bonterra and 15% owned by Gold Royalties Corp. The Properties total 496 claims over 22,508 hectares. Under the binding letter agreement, Osisko has agreed to pay Bonterra an initial upfront payment of $1 million in cash and an additional $4 million in cash upon the parties entering into the definitive agreement. Under the Exploration Earn-In, Osisko has agreed to fund $30 million in work expenditures over a three-year period to earn a 70% undivided interest in the Properties, in accordance with annual work expenditures $10 million in each year. After completion of the Exploration Earn-In, Osisko and Bonterra have agreed to form a joint venture entity or contractual joint venture in such form as the parties may agree, each acting reasonably, taking into consideration any tax and other factors relevant to the parties. During the Exploration Earn-In and upon and following the formation of the joint venture, Osisko will be the operator of the Properties. Upon completion of the Exploration Earn-In and the formation of the joint venture, Osisko and Bonterra will form a management committee to provide direction to the operator on exploration programs for the Urban-Barry Properties. Osisko and Bonterra have agreed to negotiate in good faith, settle, and enter into definitive documentation providing for the Exploration Earn-In as soon as practicable following the date hereof, subject to the satisfaction of certain customary conditions precedent. Osisko may withdraw from the Exploration Earn-In at any time upon written notice to Bonterra. In the event of an election to withdraw from the Exploration Earn-In, Osisko will forfeit all rights and interests in the Properties with no further liability, and the definitive documentation shall be immediately terminated upon such election.
NVO

Hot Stocks

08:14 EDT Novo Nordisk, Valo collaborate to develop treatments using human data, AI - Novo Nordisk A/S and Valo Health announced they have entered into an agreement to discover and develop novel treatments for cardiometabolic diseases based on Valo's large human dataset and computation powered by artificial intelligence, AI. The collaboration between the two organizations will leverage the capabilities of Valo's Opal Computational Platform including access to real-world patient data, AI-enabled small molecule discovery and Biowire human tissue modelling platform designed to speed up the discovery and development process. Valo's preclinical capabilities enable identification and validation of novel druggable targets, as well as development of drug candidates against these targets, and can help predict compound safety and efficacy. In addition to target discovery and validation as part of the collaboration, Novo Nordisk is licensing three preclinical drug discovery programmes in cardiovascular diseases discovered and developed by Valo using the Opal Computational Platform. Under the terms of the agreement, Valo will receive an upfront payment and a potential near-term milestone payment, totalling $60M, and is eligible to receive milestone payments for up to 11 programmes, totalling up to $2.7B, plus R&D funding and potential royalty payments. The partnership between Novo Nordisk and Valo will leverage key joint capabilities in human data and genetics with a stronghold in cardiometabolic diseases.
AMG

Hot Stocks

08:14 EDT Affiliated Managers appoints Loren Starr to its Board of Directors - AMG, a leading partner to independent investment management firms globally announced the appointment of Loren M. Starr to its Board of Directors, effective immediately. Mr. Starr retired from Invesco in March 2021, having served as Chief Financial Officer of the company for 15 years, from 2005 to 2020, after which he held an executive advisory role as Invesco's Vice Chair until his retirement. Prior to joining Invesco in 2005, Mr. Starr served as the Chief Financial Officer of Janus Capital Group Inc. from 2001 to 2005, and held senior corporate finance roles with Putnam Investments, Lehman Brothers Inc., and Morgan Stanley & Co. LLC. Currently, he is an independent consultant, and is a member of the TIAA-CREF Fund Complex Boards of Trustees. Mr. Starr holds a B.A. and B.S. from Columbia University, an MBA from Columbia Business School, and an M.S. from Carnegie Mellon University.
HOV

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08:13 EDT Hovnanian announces refinancing transaction - Hovnanian Enterprises has entered into an agreement with existing investors to consummate a refinancing transaction that extends the maturities of over $600 million of the Company's secured debt to the fourth quarters of fiscal 2028 and fiscal 2029. Additionally, it has entered into an agreement with existing lenders to amend and extend its $125 million secured revolving credit facility to mature in June 2026. Transaction Details: The Company will issue and sell in a private placement $225.0 million aggregate principal amount of new 8.0% Senior Secured 1.125 Lien Notes due 2028 and $430.0 million aggregate principal amount of new 11.75% Senior Secured 1.25 Lien Notes due 2029. The Company has called for redemption all outstanding amounts of each series of its existing secured notes consisting of 7.75% Senior Secured 1.125 Lien Notes due 2026, 10.5% Senior Secured 1.25 Lien Notes due 2026, 11.25% Senior Secured 1.5 Lien Notes due 2026 and 10.0% Senior Secured 1.75 Lien Notes due 2025, in each case conditioned upon receipt of the proceeds from the sale of the New Secured Notes. The Company entered into a Third Amendment to the Credit Agreement governing its $125 million secured revolving credit facility which will, among other things, extend the final scheduled maturity thereof by two years to June 30, 2026, upon effectiveness at closing. The transactions are expected to close on October 5, 2023, upon the satisfaction of customary closing conditions.
GRRR

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08:12 EDT Gorilla announces strategic partnership with InfoSec Global, no terms - Gorilla Technology Group announced that it has started a strategic partnership with InfoSec Global, a leader and pioneer in crypto-agility. InfoSec Global helps clients establish the foundation of zero trust security through cryptographic agility management solutions. Gorilla has been at the forefront of developing cutting-edge solutions enabling governments to adapt efficiently to the evolving security landscape. The Smart Government Security Convergence solution facilitates better decision-making, proactive threat detection, and swift responses to emerging risks. With the partnership between Gorilla and InfoSec, the deployment of this groundbreaking solution is set to reach new heights.
CRL

Hot Stocks

08:12 EDT Charles River announces opening of RightSourceSM laboratory in U.K. - Charles River Laboratories International announced the opening of another RightSourceSM facility, and first in the United Kingdom, UK, which will provide services to the Stevenage advanced therapies biocluster. "Traditional testing paradigms place the burden on the client-from developing processes and upfront lab setup costs to bearing responsibility for regulatory compliance," said Ian Wyllie, Director Operations, RightSource, Charles River. "The RightSource business model significantly reduces that burden. By leveraging our flexible testing platform and robust scientific expertise, clients gain direct access to industry-leading biologics testing, located next to their manufacturing operations."
PDSB

Hot Stocks

08:12 EDT PDS Biotechnology reschedules KOL roundtable on HNSCC treatments - PDS Biotechnology Corporation announced that its Key Opinion Leader Roundtable on Addressing Current and Future Treatments for Recurrent/Metastatic Human Papillomavirus-Positive Head and Neck Squamous Cell Carcinoma and the Potential Application of PDS0101 will now take place on Tuesday, October 3, 2023, from 8:00 - 9:00 AM EDT, due to a scheduling conflict. The event was originally scheduled for Wednesday, September 27, 2023.
JOBY

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08:11 EDT Joby Aviation delivers first eVTOL aircraft to Edwards Air Force Base - Joby Aviation announced it has delivered its first aircraft to Edwards Air Force Base approximately six months ahead of the expected 2024 delivery date. On-base operations with Joby aircraft will be used to demonstrate a range of logistics missions, including cargo and passenger transportation, and will be operated by both Joby and U.S. Air Force personnel. In partnership with the U.S. Air Force, NASA will also use the aircraft for research focused on how these aircraft could fit into the national airspace, benefiting the entire air taxi industry. Joby's aircraft, which has already begun flying at Edwards AFB, is the first electric air taxi to be stationed on a U.S. military base. The Agility Prime contract includes the provisioning of up to nine aircraft to the U.S. Air Force and other federal agencies, reinforcing the U.S. government's continued leadership in developing and adopting eVTOL technology, and ushering in a new era of electric aviation. A second aircraft is planned to be delivered to Edwards in early 2024.
INFN

Hot Stocks

08:10 EDT Asia Direct Cable Consortium selects Infinera's ICE6 800G solution - Infinera announced that Asia Direct Cable Consortium has selected Infinera's ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC's advanced cable system. As the industry's highest-performing and most cost-effective solution for submarine networks, Infinera's ICE6 will enable ADC Consortium members to address surging demand for submarine cable capacity in Asia for bandwidth-intensive applications that include 5G networks, cloud-based services, and emerging solutions.
UCAR

Hot Stocks

08:10 EDT U Power in strategic cooperation pact with Zhongneng Lithium Battery, no terms - U Power Limited announced that it has entered into a strategic cooperation agreement with Zhongneng Lithium Battery Technology Taizhou a Chinese company engaging in the research and application of lithium energy storage products. Through this cooperation, both parties intend to explore new markets, expand existing market share, and enhance brand influence and industrial competitiveness Pursuant to the Agreement, both parties have agreed to cooperate and utilize each other's resources in the energy storage, battery charging and swapping and other related industries, in areas including, but not limited to, research and development of commercial and civil energy storage equipment, and battery charging and swapping technology. To such end, both parties have agreed to establish an energy storage technology research institute, which will include an energy storage research and development center and an industrial technology incubation center. Mr. Jia Li, Chief Executive Officer, and Chairman of the Board of Directors of the Company, commented, "We are excited to cooperate with Zhongneng Technology. With our solid business foundation and technology, we expect this partnership will provide us with an exciting opportunity to expand into the energy storage market. Through the partnership, we also expect to accelerate the innovation of battery charging and swapping and energy storage system integration solutions for electric vehicles. We believe the partnership will create growth opportunities for both Zhongneng Technology and U Power."
RKNEF

Hot Stocks

08:09 EDT Optiva launches MVNO Hubs on Google Cloud - Optiva announced the launch of Optiva MVNO Hubs on Google Cloud. The multi-tenant solution is offered as a SaaS product on Google Cloud in multiple regions worldwide, beginning with the Americas. Optiva MVNO Hubs include deep integration with Google Cloud's BigQuery for BSS-data-based, AI-powered insights. These regional MVNO hubs provide the complete Optiva BSS Platform and key MVNO integrations with services such as payment gateway, taxation, customer care, chat, customer relationship management ticketing and a dealer portal for rapid onboarding and management of dealer channels. Multiple innovative digital MVNOs are already capitalizing on the time to market and fully integrated functionality of Optiva MVNO Hubs on Google Cloud, including innovative digital MVNOs in the United States.
CXM

Hot Stocks

08:09 EDT Sprinklr appoints Scott Harvey as EVP of Customer Operations - Sprinklr announced the appointment of Scott Harvey as executive vice president, EVP, of customer operations. Harvey will report directly to Sprinklr Founder and CEO Ragy Thomas. Harvey joins Sprinklr from Stripe, where he served as global head of technical sales and services.
BA

Hot Stocks

08:08 EDT Air Canada orders 18 Boeing 787-10s - Boeing and Air Canada announced the carrier is selecting the 787 Dreamliner to further modernize and grow its fleet with an order for 18 787-10 widebody jets, with the option to purchase 12 more. The flag carrier of the country, Air Canada will deploy the new fuel-efficient airplanes as part of its broader strategy to reduce carbon emissions while expanding its global route network.
CJET

Hot Stocks

08:08 EDT Chijet Motor initiates development of FA17 2024 model project - Chijet Motor Company has initiated its FA17's 2024 model project with a -kick-off ceremony held in Yantai on September 20, 2023. Chijet Motor has undertaken steps to improve its existing models following an in-depth analysis of market trends and technical and economic feasibility assessments of small and medium-sized electric vehicles. The Company is currently conducting comprehensive research on their existing vehicle models, which includes implementing intelligent upgrades, enhancing power systems, and optimizing appearance. This initiative is being carried out on the foundation of their existing small and micro-electric vehicle platforms. The primary goal is to ensure that its vehicles remain technologically up-to-date, aligning with the evolving trends in the new energy automobile market and effectively meet the diverse needs of its customers. This proactive approach establishes a solid foundation for future development and upgrades, ensuring readiness for mass production and sales. According to Chijet's product launch strategy, the 2024 FA17 model is expected for a release in the Chinese market, Southeast Asia, the Middle East gradually, and other international markets, in a bid to collectively address the demands for family cars among both domestic and international consumers.
BIGC

Hot Stocks

08:07 EDT BigCommerce announces launch of B2B Edition Invoice Portal - BigCommerce announced the launch of its new B2B Edition Invoice Portal for large B2B suppliers, manufacturers, distributors and wholesalers to modernize the invoice payment process. The B2B Edition Invoice Portal provides an enterprise-grade, out-of-the-box invoice payment experience that allows B2B merchants to incorporate invoice payments into a centralized online purchasing workflow through the B2B Edition Buyer Portal. B2B merchants will now have the potential to improve transaction efficiency, reduce operational burdens, and deliver seamless user experiences that can drive brand loyalty and repeat business.
VRDN AGIO

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08:06 EDT Viridian Therapeutics appoints Gheuens to its board of directors - Viridian Therapeutics (VRDN) announced the appointment of Sarah Gheuens, M.D., Ph.D., to its Board of Directors. Dr. Gheuens is the Chief Medical Officer, CMO, and Head of R&D of Agios Pharmaceuticals (AGIO)
BIOR

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08:05 EDT Biora Therapeutics submits IND application to FDA for BT-600 program - Biora Therapeutics announced submission of an Investigational New Drug IND application with the U.S. Food and Drug Administration FDA . The IND application supports the next phase of development of BT-600, a drug/device combination designed to use Biora's NaviCap ingestible drug delivery device with a proprietary liquid formulation of tofacitinib, for the treatment of moderate to severe ulcerative colitis. "Today's announcement is an important milestone for Biora Therapeutics. The IND application leverages clinical device function study data from four separate studies in both healthy volunteers and patients with active ulcerative colitis, with more than 40 study participants receiving over 80 NaviCap devices," said Ariella Kelman, MD, Chief Medical Officer of Biora Therapeutics. "We look forward to initiating our phase 1 study in the US this year and advancing this technology, which we believe could lead to better patient outcomes in ulcerative colitis," continued Dr. Kelman. The FDA will review the application and determine the acceptability of the data before Biora begins its first clinical trial for BT-600. It is possible that the FDA will require additional information.
VZ

Hot Stocks

08:05 EDT 5G Future Forum completes transatlantic real-time 5G holographic meeting - The 5G Future Forum and MATSUKO will lead the first-ever real-time transatlantic holographic collaborative meeting, connecting multiple people as holograms. The holograms will be connected from New York in the U.S. using Verizon's 5G network; Toronto, Canada, using Bell Canada's 5G network and from London, UK using Vodafone's 5G network. The first-of-its-kind demonstration will be available to see at Mobile World Congress Las Vegas in Booth #1533, located in GSMA's Open Gateway Zone.
APLIF

Hot Stocks

08:04 EDT Appili Therapeutics announces U.S. FDA approval of LIKMEZ - Appili Therapeutics announced that its manufacturing and commercialization partner, Saptalis Pharmaceuticals, received approval from the U.S. Food and Drug Administration for Metronidazole Oral Suspension 500mg/5mL, ATI-1501. ATI-1501, Appili's liquid oral reformulation of the antibiotic metronidazole, has been licensed to Saptalis for commercialization in the U.S., and other selected territories. The FDA also approved LIKMEZ as the brand name for ATI-1501. "The FDA approval of LIKMEZ, shortly after securing patent coverage through 2039, is an important milestone that demonstrates Appili's ability to identify promising opportunities and develop and monetize them for the benefit of both patients and shareholders," said Don Cilla, Pharm.D., M.B.A., Appili's President and CEO. "Difficulty swallowing tablets and capsules should not be a barrier to accessing appropriate antibiotic therapy. LIKMEZ provides a convenient alternative for patients who have difficulty taking solid oral medicines." Dr. Cilla adds "Appili was formed to develop ATI-1501 and it is exciting to see our first development project make it to market. This is a tremendous team accomplishment. We are all delighted that the product will soon be available to patients and we look forward to bringing additional products to market that tackle serious global challenges in infectious disease."
SPXSF

Hot Stocks

08:03 EDT Spirax-Sarco introduces Exhaust Vapor Condenser - Spirax Sarco has expanded its product line to include the new Exhaust Vapor Condenser. The Spirax Sarco EVC is a reliable innovative heat exchanger that utilizes flash steam from discharge and exhaust vent pipework to pre-heat make-up or process water, thereby recovering valuable heat energy that would otherwise be lost to atmosphere. The Spirax Sarco EVC will improve steam system efficiency for a variety of industries including food, beverage, and healthcare, and is environmentally friendly, reducing CO2 + carbon emissions.
JSPR

Hot Stocks

08:03 EDT Jasper Therapeutics appoints Herb Cross CFO - Jasper Therapeutics announced the appointment of Herb Cross as the company's Chief Financial Officer CFO . Jeet Mahal, who previously held both CFO and Chief Operating Officer roles, will continue as the company's COO. Mr. Cross brings more than two decades of experience in financial leadership roles at both public and private biotechnology companies. Before joining Jasper, he served as CFO at Atreca, leading its initial public offering and holding responsibility for all administrative functions, including finance, corporate communications, human resources and corporate services. Prior to Atreca, he was CFO at ARMO BioSciences, with responsibility for all administrative functions and business development, and led its initial public offering and served as CFO through the sale of the company to Eli Lilly in 2018. Mr. Cross also served as CFO and interim Chief Executive Officer at KaloBios Pharmaceuticals and was CFO at Affymax as well. Mr. Cross began his career at Arthur Andersen and received a Bachelor of Science in Business Administration from the Haas School of Business at the University of California, Berkeley. He is a certified public accountant, currently inactive, in the state of California.
HYMC

Hot Stocks

08:02 EDT Hycroft Mining provides update on Nasdaq listing - Hycroft Mining announces that it plans to file a timely request for a hearing before the Nasdaq Hearings Panel to present its plan to regain compliance with Nasdaq's minimum bid price requirement. Upon the filing of the request for a hearing, any further action by Nasdaq will be stayed, and the company's shares will continue to trade on Nasdaq until the issuance of the Panel's decision following the hearing. The company is diligently working to regain compliance with the minimum bid price requirement and will provide an update when relevant information becomes available
CXW

Hot Stocks

08:02 EDT CoreCivic enters management contract with Hinds County - CoreCivic signed a new management contract with Hinds County, Mississippi for up to 250 adult male pre-trial detainees at the Company's 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi. The initial contract term is for two years, which may be extended for an additional year upon mutual agreement.
JKS

Hot Stocks

08:01 EDT JinkoSolar signs MoU with Failte Energy Solutions - JinkoSolar Holding Co., announced that it has signed a Memorandum of Understanding with Failte Energy Solutions limited to supply Tiger Neo modules for a total capacity of 200MW. The partnership between the two companies was officially signed during the China (Jiangxi)- Europe (Ireland) Economic and Trade Promotion Conference in Dublin, Ireland dated on September 22, 2023. JinkoSolar and Failte Solar will cooperate extensively in complementary fields such as products and localized services, and jointly develop the high-end distributed PV market in Ireland. JinkoSolar's high-quality N Type Tiger Neo Solar Modules will be distributed to installers through Failte Solar for the residential and commercial solar rooftop installations.
BNXAF

Hot Stocks

08:01 EDT Banxa provides business update for shareholders - Banxa Holdings provides shareholders an update on the Company's progress over the recent weeks. Holger Arians, CEO of Banxa Holdings Inc., stated, "Banxa is seeing continued success from many key business wins, highlighted by new blue-chip partners attracted to Banxa's leading payments infrastructure. Looking ahead, we see long-term upward trajectory thanks to our local regulatory and compliance strategy that we have aggressively pursued over the last number of years in anticipation of this next stage of compliant Web3 growth." Banxa continues to maintain a solid financial trajectory in the current bear market conditions and has set achieving cash flow breakeven as its primary objective. Some unaudited, preliminary financial highlights include: Unaudited Total Transaction Volume of approximately AUD $73.2M and AUD $74.8M in July and August 2023, respectively. Net take rate has improved to now be consistently sitting above 3%, due to increased operational efficiencies, compared to 1.8% in FY22. Total liquidity and cash position at the end of August 2023 stood at AUD ~$10.1M and AUD ~$5.1M, respectively. Furthermore, the Company is pleased to update shareholders on its considerable progress in growing its run rate total transaction volume by activating new major partnerships with noteworthy partners, and other business updates: Ledger, a major, global non-custodial wallet with millions of users has integrated Banxa to offer their users on-ramping services as of September 12th. Web3 gaming conglomerate Animoca Brands has integrated Banxa's NFT Checkout and crypto payments infrastructure to their Australian Football League Mint. The partnership went live on Friday 22nd of September. In August, one of the world's largest payments and transactional service providers, Worldline, integrated Banxa successfully to its Payment Orchestration, allowing all Worldline merchants to be able to activate Banxa's global crypto payment infrastructure instantly. Banxa is now working with Worldline to activate their merchants and initiate new partnerships together. Find out more here. Banxa now holds 32 Money Transmitter Licences in the USA, and is expecting 7 more MTLs to be granted in 2023. Banxa does not require MTLs to operate in 10 states / territories. Accordingly, Banxa is already capable of servicing 42 states / territories in the USA. Banxa also continues to deepen its relationships with key partners such as MetaMask, one of the largest digital wallets with more than 20 million users, to launch new features aimed to increase user experiences, conversion rates, and ultimately transaction volumes for both parties. The Company is announcing that members of the Management team including Domenic Carosa Chairman, Holger Arians CEO, Zafer Qureshi Director and Head of Corporate Affairs, Patrick Maguire CFO, Richard Mico U.S. CEO and Global Head of Legal, Risk & Compliance, Gregor Cooney CMO, Damien Di Cosmo Head of People & Culture and Phil Brown US CCO will participate in a round of open market share purchases over the coming days. These purchases are being made in adherence with Banxa's company share trading policies, and they have been pre-approved by the Chairman of the Board of Directors. Participating team members will file reports with Sedi in a timely manner.
GMAB

Hot Stocks

07:50 EDT Genmab announces EC approval of TEPKINLY for adults with R/R DLBCL - Genmab announced that the European Commission, EC, has granted conditional marketing authorization for TEPKINLY as a monotherapy for the treatment of adult patients with relapsed or refractory, R/R, diffuse large B-cell lymphoma, DLBCL, after two or more lines of systemic therapy. TEPKINLY is the first and only subcutaneous T-cell engaging bispecific antibody approved for the treatment of this patient population in the European Union, as well as Liechtenstein, Norway and Iceland. "With TEPKINLY, people in Europe living with relapsed or refractory diffuse large B-cell lymphoma who are in need of additional treatment options now have a readily available, innovative therapeutic option for this aggressive cancer," said Jan van de Winkel, Ph.D., Chief Executive Officer of Genmab. "Today's approval underscores our commitment to bringing our bispecific antibody to more patients worldwide. We're excited to continue working with our partner AbbVie to further explore epcoritamab as potential core therapy across B-cell malignancies."
GMAB

Hot Stocks

07:46 EDT Genmab receives European Commission approval of TEPKINLY - Genmab announced that the European Commission has granted conditional marketing authorization for TEPKINLY as a monotherapy for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma after two or more lines of systemic therapy. TEPKINLY is the first and only subcutaneous T-cell engaging bispecific antibody approved for the treatment of this patient population in the European Union, as well as Liechtenstein, Norway and Iceland.
ABBV GMAB

Hot Stocks

07:46 EDT AbbVie announces European Commission approval of TEPKINLY - AbbVie (ABBV) announced that the European Commission has granted conditional marketing authorization for TEPKINLY as a monotherapy for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma after two or more lines of systemic therapy. TEPKINLY is the first and only subcutaneous T-cell engaging bispecific antibody approved for the treatment of this patient population in the European Union, as well as Liechtenstein, Norway and Iceland. TEPKINLY is being co-developed by AbbVie and Genmab (GMAB) as part of the companies' oncology collaboration. The companies will share commercial responsibilities in the U.S. and Japan, with AbbVie responsible for further global commercialization. AbbVie will continue to pursue regulatory submissions for epcoritamab across international markets throughout the year.
PECO

Hot Stocks

07:39 EDT Phillips Edison appoints Anthony Terry to serve as an independent director - Phillips Edison & Company announced that its Board of Directors has appointed Anthony "Tony" Terry to serve as an independent director, effective October 30. Jeff Edison, Chairman and Chief Executive Officer of PECO stated: "We are delighted to welcome Tony to PECO's Board. With more than three decades of public company business experience working with senior management and boards to drive growth and innovation, Tony brings a proven track record of substantial accomplishment in strategic planning, corporate and operational finance, regulatory matters and capital allocation."
APLS

Hot Stocks

07:37 EDT Apellis receives permanent J-Code for SYFOVRE - Apellis Pharmaceuticals announced that the U.S. Centers for Medicare & Medicaid Services CMS has assigned a permanent and product-specific J-code for SYFOVRE, pegcetacoplan injection, the first-ever treatment for geographic atrophy GA secondary to age-related macular degeneration. The J-code for SYFOVRE will become effective on October 1. "Until SYFOVRE, patients had nothing to slow the progression of this relentless and irreversible disease," said Adam Townsend, chief commercial officer, Apellis. "The permanent J-code is a significant milestone that will help ensure accurate and efficient reimbursement of SYFOVRE in all treatment settings, building on our goal of bringing this important treatment to GA patients in need." J-codes are permanent reimbursement codes used by government payers and commercial insurers to facilitate billing of Medicare Part B treatments, which must be administered by a healthcare professional. J-codes simplify and streamline the billing and reimbursement processes, allowing for efficient claims processing.
SNGX

Hot Stocks

07:37 EDT Soligenix achieves milestone with bivalent and trivalent filovirus vaccines - Soligenix announced two-year stability of its thermostabilized bivalent and trivalent filovirus vaccine candidates at temperatures of 40 degrees Celsius (104 degrees Fahrenheit) when formulated in a single vial, needing reconstitution only with sterile water immediately prior to use. This follows the previous successful demonstration of 100% protection of non-human primates against lethal Sudan ebolavirus and Marburg marburgvirus challenge with the bivalent vaccine. This important milestone is part of an ongoing collaboration with the University of Hawaii at Mnoa, demonstrating the successful presentation of one or more antigen(s) within the same formulation while maintaining full potency and thermostability, including vaccines for Sudan ebolavirus and Marburg marburgvirus. It further demonstrates the broad applicability of the heat stable vaccine platform, and its potential role in the United States Administration's initiative for pandemic preparedness.
LFVN

Hot Stocks

07:36 EDT LifeVantage urges stockholders to vote for seven director candidates - LifeVantage filed its definitive proxy statement on September 22, 2023 with the U.S. Securities and Exchange Commission in connection with its 2024 annual meeting of stockholders, which is scheduled to be held on November 6, 2023. Stockholders as of the close of business on September 27, 2023 will be entitled to vote at the Annual Meeting. LifeVantage also sent a letter to stockholders. The company said, "In the letter, the Company highlights: CEO Steve Fife's continued execution of the LV360 plan, which is delivering value to ALL LifeVantage stockholders-since the announcement of LV360, LifeVantage shares have outperformed the Russell 2000 Index and its Peer Median by 71.9 and 82.9 percent, respectively; The Company's balanced capital allocation strategy that is returning value to stockholders through share repurchases, regular dividends and a special dividend; Our commitment to Board refreshment, including appointing five of the Board's current directors since 2017; Repeated engagements with the Radoff-Sudbury Group to avoid a distracting proxy fight; and The Radoff-Sudbury Group is seeking outsized board representation. They are also threatening to replace three of our highly qualified directors with candidates with apparently inferior skillsets and potential conflicts of interest, whose only articulated plans to-date are already being implemented by the Company. LifeVantage is continuing to execute on its LV360 plan-a plan that is working and is delivering value to all LifeVantage stockholders. Protect your investment and reject all three nominees proposed by the Radoff-Sudbury Group by voting the WHITE universal proxy card today "FOR" each of the Company's seven nominees."
ENVX

Hot Stocks

07:35 EDT Accurate Meditech chooses Enovix standard IoT and Wearable-sized batteries - Enovix announced its standard IoT and Wearable-sized batteries have been chosen by Accurate Meditech for their Class II FDA-Approved "Mini" multi-vital sign monitor. The Accurate Mini continuously monitors blood pressure, pulse rate and other vital signs. Accurate Meditech received FDA clearance in June 2023. With an Enovix battery, the Mini is anticipated to last over four months on a single charge, a 35% improvement compared to standard graphite batteries. It will be available over the counter and sold at CVS, Walgreens and Walmart in the U.S. in the second half of 2024. "We chose Enovix due to its long-lasting battery because it's critical that our device runs as many hours as possible so that people can continuously monitor the status of their heart and other vital signs," said Stanley Wang, General Manager of Accurate Meditech. "Non-invasive health monitoring is efficient and effective and with more than 80 million people in the United States suffering from cardiovascular disease, working with Enovix, we're pleased to play a role in helping minimize risks with always-on, worry-free health monitoring."
KTRA

Hot Stocks

07:34 EDT Kintara Therapeutics presents results from Phase 2 study of VAL-083 - Kintara Therapeutics announced the presentation of compelling patient case studies in a poster at the 2023 European Association for Neuro-Oncology Annual Meeting in Rotterdam. Presented on September 23, the poster focused on two patient cases from Kintara's Phase 2 study evaluating the safety and tolerability of VAL-083 when administered concurrently with radiation therapy in newly diagnosed MGMT-unmethylated glioblastoma multiforme following surgical resection. In the first case, a 32-year-old woman with grade four GBM received conventional radiotherapy with concurrent chemotherapy with VAL-083 followed by adjuvant VAL-083 for a total of 13 cycles of VAL-083. The patient was tumor-free and has survived more than four years as of the last follow-up in March 2023. In the second case, a 49-year-old man with grade four GBM (MGMT-unmethylated) received radiotherapy with concurrent chemotherapy with VAL-083 followed by VAL-083 as an adjuvant for a total of 12 cycles. Two years after the initial treatment with VAL-083 was discontinued, a new lesion was found, and the patient had a second resection, which revealed a grade four astrocytoma. The patient was re-treated with VAL-083 and was stable as of the last follow-up in March 2023.
THTX

Hot Stocks

07:34 EDT Theratechnologies, Marathon enters agreement in principle to amend loan facility - Theratechnologies has reached an agreement in principle to amend some of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time, with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager. The Company and Marathon agreed in principle to make the following amendments to the terms and conditions of the Loan Facility: to remove the obligation to maintain at all times liquidity in the amount of $30 million if the F8 formulation of tesamorelin is not approved by the United States Food and Drug Administration by March 31, 2024; to decrease the minimum liquidity requirements over time to a minimum of $15 million from $20 million based on targeted last twelve months adjusted EBITDA; to move to an adjusted EBITDA-based target from a quarterly revenue-based target beginning with the quarter ending November 30, 2023; and to delete from the Loan Facility the prohibition for the Company to have a going concern explanatory paragraph in the annual report of the independent registered public accounting firm of the Company. In consideration of the proposed amendments, the Company has agreed to pay an amount equal to $600,000, or 100 basis points calculated on the funded debt as of this day, over the term of the loan and added to the outstanding loan as payment in kind; and reprice the exercise price of the common share purchase warrants held by Marathon to $2.30 per share from $5.80 per share. Following the share consolidation completed on July 31, 2023, the exercise of four Warrants is required to purchase 1 common share of Theratechnologies, resulting in a maximum issuance of 1,250,000 common shares. The Warrants can be exercised until February 27, 2030. The repricing of the Warrants is conditional upon the approval of the Toronto Stock Exchange and the final terms of these amendments, including the definition of "adjusted EBITDA", remain subject to the completion of all the legal documentation to the satisfaction of both the Company and Marathon. The amendments to the Loan Facility are expected to be executed on or about October 10, 2023.
DNUT

Hot Stocks

07:33 EDT Krispy Kreme promotes Charlesworth as President, CEO - Krispy Kreme named Josh Charlesworth as President and Chief Executive Officer, CEO, effective January 1, 2024. Charlesworth brings decades of experience overseeing consumer brands, and most recently served as Krispy Kreme's Global President and Chief Operating Officer after joining the company in 2017. As part of the company's succession plan, Charlesworth will succeed Michael Tattersfield. Tattersfield will remain on the Krispy Kreme Board, serve as a Senior Advisor and Krispy Kreme Ambassador, and continue to be a significant investor in the company.
FMC

Hot Stocks

07:32 EDT FMC Corporation names Jacqueline Scanlan as new chief human resources officer - FMC Corporation announced that Jacqueline Scanlan has been named executive vice president and chief human resources officer. Scanlan will lead the global Human Resources function and assume responsibility for FMC's global Diversity, Equity and Inclusion strategy and team. She will report to Mark Douglas, FMC president and CEO. Scanlan is a seasoned HR professional with over 25 years of experience at multinational companies across various industries. She joins FMC from Axalta Coating Systems, where she served as senior vice president and CHRO since 2021. She has held senior HR roles at several leading companies, including Haemonetics Corporation, Novo Nordisk and Campbell Soup Company.
PAAS GLNCY

Hot Stocks

07:32 EDT Pan American Silver completes divestment of MARA, Morococha - Pan American Silver (PAAS) has completed the previously announced divestment of its 56.25% interest in the MARA project in Argentina and its 92.3% interest in the Morococha mine in Peru. The sale of these non-core assets is aligned with Pan American's stated aim of optimizing its portfolio following the acquisition of Yamana Gold. The transactions will allow Pan American to reduce its annual project development, reclamation and care and maintenance costs, which for the MARA project and Morococha amounted to US$15.7 million in the second quarter of 2023. Under the terms of the agreement for the MARA sale, Glencore International (GLNCY) paid $475 million, in cash and granted to Pan American a life-of-mine copper net smelter return royalty of 0.75%, with the right for Pan American to freely transfer the royalty. Glencore has assumed 100% ownership of the MARA project following completion of the transaction on September 20, 2023. Under the terms of the agreement for the Morococha sale, Alpayana S.A. paid $25 million in cash for the 92.3% interest in Compania Minera Argentum S.A., Pan American's Peruvian subsidiary that owned the Morococha mine. The sale of Pan American's 57.74% interest in Agua de la Falda S.A., that is held by a subsidiary of Pan American, also announced previously on July 31, 2023, is expected to be completed in the fourth quarter of 2023.
HZO

Hot Stocks

07:31 EDT MarineMax's Fraser Yachts to acquire controlling interest in Atalanta Golden - MarineMax announced that Fraser Yachts, its wholly owned subsidiary, has executed a definitive agreement to acquire a controlling interest of Atalanta Golden Yachts, a charter management agency based in Athens, Greece. John Dragnis, principal shareholder of Atalanta Golden Yachts, maintains a significant stake and will remain involved in the growth and development of Fraser's operations in Greece. The acquisition is expected to close in the quarter ending December 31, 2023, and be accretive in its first full year of operations. Brett McGill, MarineMax CEO and President, stated, "The addition of Atalanta Golden Yachts complements our leading superyacht brokerage and luxury yacht offerings and is a testament to our continued expansion into higher-margin businesses with global reach. Atalanta Golden Yachts' long-standing relationships and network of clients, combined with Fraser Yachts' full-service yachting offerings, strengthens our commitment to providing unparalleled luxury yachting experiences to a growing number of customers worldwide. We are thrilled that the Atalanta Golden Yachts team will be joining our Fraser team in Greece and look forward to further solidifying our position in this attractive and growing market."
NIR

Hot Stocks

07:14 EDT Near Intelligence appoints Richard Salute, Sherman Edmiston to Board of Director - Near Intelligence announced the appointment of two new members to its Board of Directors, effective September 19...Richard J. Salute, former Director of Capital Markets and SEC Practice at J.H. Cohn and CohnReznick and served in various leadership roles over 29 years at Arthur Andersen. Sherman Edmiston former managing director of Zolfo Cooper and currently a Managing Member of HI CapM Advisors .
ACAQ

Hot Stocks

07:13 EDT e.GO's registration statement for combination with Athena declared effective - Next.e.GO Mobile and Athena Consumer Acquisition announced that the U.S. Securities and Exchange Commission, SEC, has declared effective the registration statement on Form F-4 of e.GO in connection with its proposed business combination among e.GO, Athena, Next.e.GO B.V., a wholly-owned subsidiary of e.GO, and Time is Now Merger Sub, Inc., a wholly-owned subsidiary of TopCo. Athena has scheduled the special meeting of its stockholders and the special meeting of its warrant holders for September 28, 2023 to, among other things, approve the proposed Business Combination and the proposed warrant exchange which will become effective immediately prior to the closing of the Business Combination. Isabelle Freidheim, Chairman of Athena, said: "The declaration of the SEC effectiveness is a significant step towards the successful completion of the business combination between Athena and e.GO. We have diligently sought out a partner that aligns with our vision, and we are confident that this transaction will position us for long-term success. We at Athena are incredibly excited to be partnering with e.GO on this transaction because we believe e.GO is a truly disruptive company, one that can contribute meaningfully to solving the challenges of electric mobility in the urban environment."
CRH

Hot Stocks

07:13 EDT CRH completes transition to U.S. primary listing - CRH announced the transition of its primary listing to the New York Stock Exchange which marks a historic milestone for the Group.The Group will retain a standard listing on the London Stock Exchange.
ASGOF

Hot Stocks

07:12 EDT Asante Gold announces additional drill results at Aboduabo Project - Asante Gold announces results from its ongoing exploration drilling program at the Aboduabo prospect located on our Bibiani - Chirano mines corridor, Sefwi Greenstone Belt, Ghana. Latest drill results have intersected high grade shoot extensions in multiple zones down-plunge of the defined +1km strike length of Aboduabo mineralization. Previous announcements by the Company have highlighted the significant intercepts and potential of this deposit, located along the Bibiani Shear Zone. To date, 88 holes totaling 21,000m have been completed testing lateral extensions and upgrading geologic confidence in previously tested zones. Field mapping has been initiated along the trend to identify new targets for future growth. Highlights: CHRC3406 intersected a high gold grade shoot extension of significant interest, grading 8.73 g/t over 20.5m; Step-out drilling has intersected consistently wide, significant gold mineralization within metasedimentary shear zones. Selected intercepts include: CHRC3406D - 20.5m @ 8.73 g/t Au from 222 to 242.5m; CHRC3420D - 10.1m @ 5.83 g/t Au from 214.7 to 224.8m; CHRC3405D - 17.15m @ 4.27 g/t Au from 274.5 to 291.65m Includes 7.7m @ 8.94 g/t Au from 274.5m to 282.2m; CHRC3386D - 30m @ 2.81 g/t Au from 120m to 150m Includes 24m @ 3.16 g/t Au from 126m to 150.0m; CHRC3400D - 26.6m @ 2.27 g/t Au from 166.35m to 192.95m Includes 8.3m @ 4.2 g/t Au from 169.7m to 178.0m; CHRC3411D - 65.0m @ 1.41 g/t Au from 46.0m to 111.0m Includes 24.20m @ 2.47 g/t Au from 46.0m to 70.2m; CHRC3441D- 46.70m @ 1.90 g/t Au from 380.3.0m to 427.0m Includes 10.0m @ 4.37 g/t Au from 402.1m to 413.0m. Dave Anthony, President and CEO stated, "Results from the exploration drill program at Aboduabo continue to support our assessment that the deposit remains open and has potential to develop into long life open pit mine and future underground mine. We look forward to expanding the Aboduabo footprint with our field mapping program."
CARA

Hot Stocks

07:11 EDT Cara gets $1.5M from Maruishi amid Japan approval of KORSUVA injection syringe - Cara Therapeutics announced that its licensing partner Maruishi Pharmaceutical received manufacturing and marketing approval from Japan's Ministry of Health, Labour and Welfare for KORSUVA IV Injection Syringe for the treatment of pruritus in hemodialysis patients. Cara earned a $1.5M milestone payment upon approval, per the terms of the licensing agreement. "We are pleased that our first-in-class therapy KORSUVA injection will be available to hemodialysis patients in Japan who are suffering from pruritus," said Christopher Posner, President and Chief Executive Officer of Cara Therapeutics. "As we work toward establishing Cara Therapeutics as the leader in the treatment of chronic pruritus, we will continue to collaborate with our partners to address the significant unmet need for an effective antipruritic treatment for chronic kidney disease patients undergoing hemodialysis worldwide."...KORSUVA is approved by the U.S. Food and Drug Administration for the treatment of moderate-to-severe pruritus associated with chronic kidney disease in adults undergoing hemodialysis. It is approved by the European Commission under the brand name Kapruvia. The product is also approved in additional countries. Cara's partner CSL Vifor has commercialization rights in all territories except Japan and South Korea.
NAAS

Hot Stocks

07:10 EDT NaaS establishes strategic partnership with CIID - On September 22, NaaS established a strategic partnership with Hubei Provincial Communications Investment Industrial Development Co., Ltd. NaaS will fully leverage its capability in one-stop construction and operation of public charging infrastructure, integrated PV-storage-charging service and digital and intelligent application of new energy. By combining its services with CIID's expressway network and energy supply stations, NaaS contributes to the construction of expressway service areas and energy supply infrastructure, thus accelerating the establishment of a comprehensive energy supply network for expressways. At the signing ceremony, CIID officially released the new brand named "Chu Dao Yi Neng" , which will carry the new energy business sector of CIID, working collaboratively with partners to empower the construction of Hubei expressways charging infrastructure system. According to the contract, NaaS will provide services for gas stations and charging stations under CIID's 48 expressway service areas. This include connected refueling and charging services as well as mobile charging device deployment and operation services during public holidays.
NFYEF

Hot Stocks

07:09 EDT NFI Group's Alexander Dennis appoints Big Rig as Enviro500 build partner - NFI Group subsidiary Alexander Dennis has appointed Big Rig Manufacturing as contract manufacturing partner to meet resurging interest in the Enviro500 double decker in North America. Big Rig Manufacturing is a subsidiary of Big Rig Collision Group. Starting next year, it will assemble clean diesel Enviro500 double deck buses and the zero-emission Enviro500EV CHARGE to Alexander Dennis designs, specifications, and processes at a new facility in Las Vegas, Nevada. The new arrangement replicates the highly successful, low-capital intensity partnerships Alexander Dennis has in the Asia-Pacific region with contract manufacturers in China and New Zealand. With NFI's North American bus and coach production facilities responding to the group's record backlog and order book, cooperation with Big Rig Manufacturing allows Alexander Dennis to meet North American demand for its double deck range with Buy America-compliant arrangements.
SII

Hot Stocks

07:08 EDT Sprott Private Resource Lending Fund III completes final closing - Sprott announced that Sprott Private Resource Lending Fund III has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp stands at $1.5B within the Company's private strategies segment.
CLNN

Hot Stocks

07:06 EDT Clene announces long-term follow-up data of CNM-Au8 in HEALEY ALS Platform trial - Clene announced long-term follow-up data for patients treated with CNM-Au8 30mg for up to 133 weeks in the HEALEY ALS Platform Trial. These post hoc results show significantly improved survival with a 49% decreased risk of death for the covariate risk-adjusted analyses compared to the largest U.S. clinical database of previous amyotrophic lateral sclerosis trials. The HEALEY ALS Platform Trial is a perpetual multi-center, randomized, double-blind, placebo-controlled clinical trial program designed to evaluate the efficacy and safety of multiple investigational products in people living with ALS. Enrollment in the CNM-Au8 Regimen was initiated in the summer of 2020. Participants received CNM-Au8 in addition to ALS standard-of-care and were randomized to the drug or placebo during the 24-week double-blind period. CNM-Au8 was then offered to all participants who were eligible, and 92% elected to continue into the Open Label Extension. CNM-Au8 30mg was selected as the dosage going forward after the double-blind period. In ALS, clinical studies with shorter double-blind treatment duration such as 24 weeks have used historical placebo controls from prior trials to determine the relative survival benefit of investigational treatment over longer-term follow-up. The PRO-ACT dataset is derived from pooled ALS clinical trial data from 29 completed Phase 2 and Phase 3 ALS clinical trials. Millions of de-identified longitudinally collected records from more than 11,600 individuals with ALS were standardized across trials and merged to create the Pooled Resource Open-Access ALS Clinical Trials database. This database provides a useful and validated surrogate for survival status of past participants in ALS clinical trials with long-term follow-up. In this analysis, 59 participants who were originally randomized to CNM-Au8 30mg were compared to matched placebo participants derived from the PRO-ACT dataset: Originally randomized CNM-Au8 30mg treated participants demonstrated a statistically significant 49% decreased risk of death compared to PRO-ACT matched placebo patients through long-term follow-up. In a pooled analysis of the HEALEY ALS Platform Trial and the RESCUE-ALS Trial, participants originally randomized to CNM-Au8 30mg demonstrated a statistically significant 59% decreased risk of death compared to PRO-ACT matched placebo patients through long-term follow-up. More than 500 estimated years of collective exposure across ALS, multiple sclerosis, and Parkinson's disease participants in CNM-Au8 clinical trials and Expanded Access Protocol programs without any observed safety signals. No serious adverse events have been assessed as related to CNM-Au8 treatment; adverse events observed with CNM-Au8 have been characterized as transient and predominantly mild-to-moderate in severity.
ELDN

Hot Stocks

07:06 EDT Eledon:Tegoprubart used as part of imunosuppressive regimen post transplant - Eledon Pharmaceuticals announced that tegoprubart, the company's investigational anti-CD40 antibody, was used as a cornerstone component of the chronic immunosuppressive regimen administered following the second-ever transplant of a genetically modified heart from a pig to a human. The procedure was completed on September 20th at University of Maryland Medical Center on a 58-year-old male suffering from heart failure. "This is a momentous milestone for the transplant community and serves as a testament to the continued progress being made towards advancing novel treatment options for patients requiring an organ transplant," said David-Alexandre C. Gros, M.D., Eledon Chief Executive Officer. "As the field of organ transplantation continues to make important scientific advances, Eledon is dedicated to delivering a novel immunosuppressive regimen with the potential to protect and prevent rejection of transplanted organs, and we are honored to play a role in this historic development." Following the successful transplantation, tegoprubart was administered to the patient as a novel, key component of a chronic immunosuppressive regimen designed to suppress the immune system and prevent the body from rejecting the implanted organ. In prior clinical research, tegoprubart has demonstrated a favorable safety and tolerability profile across multiple indications, including kidney transplantation, as well as clinical benefit in the prevention of rejection and the protection of organs after transplantation.
DNA

Hot Stocks

07:04 EDT Ginkgo Bioworks, Madagascar enter MoU to develop new biosecurity capabilities - Ginkgo Bioworks and the Government of the Republic of Madagascar today announced that they have entered into a Memorandum of Understanding with the intent to develop and implement new biosecurity capabilities in Madagascar. Ginkgo's biosecurity unit, Concentric by Ginkgo, aims to support Madagascar's public health institutions with infrastructure and tools to bolster its biosecurity efforts against COVID-19 and other new or existing biological threats. Through bioinformatics training, digital pathogen monitoring dashboards, and genomic sequencing technologies, Concentric will support Madagascar's initiatives to detect pathogens at key ports of entry and throughout the surrounding region. As part of this multi-phased program, Madagascar aims to leverage Concentric's expertise in travel biosecurity programs to implement a wastewater and voluntary nasal swab monitoring program at the Ivato International Airport and other ports of entry. This collaboration aims to stand up a key node in Concentric's international biosecurity network, which collects data to help public health and national security officials develop biodefense capabilities and help policymakers make informed decisions about biological risks. The partners plan to bolster biomonitoring capabilities across the African continent, to detect and respond to biological threats, following Concentric's announced partnerships with Botswana, the Democratic Republic of the Congo, and Rwanda.
AA

Hot Stocks

07:03 EDT Alcoa names William Oplinger as CEO, Roy Harvey becomes strategic advisor to CEO
THTX

Hot Stocks

07:02 EDT Theratechnologies submits tesamorelin F8 formulation sBLA to FDA - Theratechnologies has filed a supplemental Biologics License Application for the F8 formulation of tesamorelin to the U.S. Food and Drug Administration for review. Tesamorelin is the only medication approved in the U.S. for the reduction of excess abdominal fat in adults with HIV who have lipodystrophy. Pharmacokinetic studies have shown bioequivalence of the F8 formulation to the original F1 formulation of tesamorelin. The F8 formulation is eight times more concentrated than EGRIFTA and two times more concentrated than the F4 formulation sold in the U.S. under the trade name EGRIFTA SV, enabling a smaller volume of administration as well as a new product presentation in a multiple-dose vial that is reconstituted only once per week. The new formulation is patent protected in the U.S. until 2033. In accordance with the FDA's filing review period, Theratechnologies expects to receive an acknowledgment letter of the sBLA application within 30 days along with a Prescription Drug User Fee Act goal date. The proposed proprietary name for the F8 formulation, EGRIFTA MDV, is already under review by the FDA.
AA

Hot Stocks

07:02 EDT Alcoa appoints William Oplinger as president and CEO, succeeding Roy Harvey - Alcoa Corporation announced that William F. Oplinger has been elected to serve as President and CEO of the company and as a member of its Board of Directors. Oplinger succeeds Roy C. Harvey, effective September 24, 2023, who will serve as Strategic Advisor to the CEO until December 31, 2023. Oplinger has served as the company's Executive Vice President and COO since February 2023 and previously served as the company's Executive Vice President and CFO from November 2016 to February 2023. The transition of the President and CEO roles reflects the company's succession planning process.
GDTC

Hot Stocks

07:02 EDT Cytomed Therapeutics says iPSC-based technology granted patent by CNIPA - CytoMed Therapeutics announced that its exclusively licensed induced pluripotent stem cell-based technology has been granted a patent by the China National Intellectual Property Administration. The patent titled "Methods and Kits for Generating Mimetic Innate Immune Cells from Pluripotent Stem Cells" with Patent No. ZL201880022790.X, published as CN 110691844 B, covers technologies to derive novel synthetic gammadelta NKT cells for the treatment of various types of cancers including hematological malignancies and solid tumors. This asset is currently under preclinical development. The Company holds an exclusive, worldwide license to use this patent pursuant to the Licence Agreement dated June 1, 2018, which was filed with the SEC as an exhibit to the registration statement on Form F-1 (File No.: 333-268456) on March 30, 2023.
GDTC

Hot Stocks

07:01 EDT Cytomed Therapeutics says iPSC-based technology granted patent by CNIPA - CytoMed Therapeutics announced that its exclusively licensed induced pluripotent stem cell-based technology has been granted a patent by the China National Intellectual Property Administration. The patent titled "Methods and Kits for Generating Mimetic Innate Immune Cells from Pluripotent Stem Cells" with Patent No. ZL201880022790.X, published as CN 110691844 B, covers technologies to derive novel synthetic gammadelta NKT cells for the treatment of various types of cancers including hematological malignancies and solid tumors. This asset is currently under preclinical development. The Company holds an exclusive, worldwide license to use this patent pursuant to the Licence Agreement dated June 1, 2018, which was filed with the SEC as an exhibit to the registration statement on Form F-1 (File No.: 333-268456) on March 30, 2023.
ZVIA

Hot Stocks

07:01 EDT Zevia appoints Andy Ruben as Lead Independent Director - Zevia announced that its Board of Directors has appointed Andy Ruben as Lead Independent Director, effective September 20, 2023. Ruben joined the Company's Board in December 2020 and currently serves as Chair of the Environmental, Social and Governance Committee and is a member of the Nominating and Enterprise Risk Management Committee. Ruben is Executive Chair of Trove, a company he founded in March 2012 that provides technology, logistics and expertise for outdoor, apparel and luxury companies to operate brand resale programs.
ALNT

Hot Stocks

06:56 EDT Aliant Communications acquires Sierramotion, terms not disclosed - Allient announced that it has acquired Sierramotion, a privately-owned company specializing in designing and engineering turn-key motion components and mechatronic solutions for robotic, medical, industrial, defense, semiconductor and other precision applications. Financial terms of the transaction were not disclosed.
KKR

Hot Stocks

06:51 EDT KKR announces monetization activity update for Q3 - KKR announced a monetization activity update for the period from July 1, 2023 to September 25, 2023. Based on information available as of 9/25, with respect to the period through September 25, 2023, KKR has earned gross realized carried interest and total realized investment income of greater than $475M. The monetization activity quarter-to-date is made up of approximately two-thirds gross realized carried interest and approximately one-third realized investment income. This activity is driven primarily by strategic and secondary sale transactions that have closed quarter-to-date, as well as dividend and interest income from KKR's balance sheet portfolio.
GFL

Hot Stocks

06:49 EDT GFL Environmental reprices senior secured term loan - GFL Environmental has amended its $729M senior secured term loan to reduce its borrowing rate to SOFR + 250 basis points from the previous SOFR + 300 basis points, plus 10 basis points CSA, resulting in a total borrowing rate reduction of 60 basis points.
VAPO

Hot Stocks

06:47 EDT Vapotherm reports results from trial using HVNI technology - Vapotherm announced the presentation of an Investigator-initiated clinical trial, "High flow humidified oxygen as an early intervention in children with acute severe asthma - a feasibility randomized controlled trial" at the European Respiratory Society International Congress 2023. The study was conducted through the Brighton and Sussex Clinical Trial Unit at University Hospitals, Sussex, England under the direction of Drs. Hector Rojas-Anaya and Paul Seddon. Children who presented to the Emergency Department with acute, severe, asthma exacerbations that did not respond to initial pharmacologic treatment were randomized to either HVNI or standard nasal oxygen therapy. Eighty-six percent (19/22) of children treated with standard oxygen required escalation of therapy, while only 61% (17/28) of children treated with HVNI needed further escalation. In addition, children treated with HVNI met hospital discharge criteria in a median time of 29 hours, compared to a median time of 37 hours for those treated with standard oxygen. "Anytime a child with severe asthma can get well faster and avoid more invasive care it is a victory. We are excited and proud that our technology was utilized in this study and in the care of these children." said Dr. Jessica Whittle, Chief Medical Officer of Vapotherm.
AULT

Hot Stocks

06:33 EDT Ault Inc. announces strategic corporate alignment - Ault Alliance announced its plans to execute a strategic corporate alignment of the company and its subsidiaries. To adapt to current market dynamics, Ault Alliance has unveiled its strategic plan to restructure its corporate blueprint. This transformation is meant to emphasize the unique strengths and individual growth paths of each subsidiary's operations. The new structure focuses on three central subsidiaries being Circle 8 Crane Services LLC, Sentinum Inc., and Ault Venture Group. This realignment permits specialized management and resource allocation to each individual subsidiary while preserving the adaptability for possible separations into standalone entities in response to future market dynamics. Circle 8 will continue to focus its attention on supplying premier crane and heavy machinery rental services. Circle 8 is focused on the energy sector and serve a diverse client base in the South Central U.S. Sentinum is positioned to address the surging demand for data center infrastructure to provide colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. With its existing facilities along with its planned buildout of its Montana and Texas sites, Sentinum is well-positioned to deliver top of the line data center solutions. The Company's Bitcoin mining operations are hosted by Sentinum with 14,599 S19j Pro Antminers and 4,628 S19 XP Antminers in operation. Ault Venture Group will house all other subsidiaries and ventures and serve as the investment cornerstone of Ault Alliance. Notably, Ault Venture Group will house Ault Lending, Ault Global Real Estate Equities, and Ault Alliance's ownership of other public companies such as The Singing Machine Company, Inc, and BitNile Metaverse, Inc. After this strategic restructuring, the Company will embark on an extensive assessment of its existing assets and investments to determine potential strategic dispositions. The company has already begun certain strategic dispositions including the distribution of securities of Imperalis Holding Corp, d/b/a TurnOnGreen, Inc., the listing for sale of its Midwest hotel portfolio and the upcoming listing of its St. Petersburg, FL multifamily development project.
TCOM

Hot Stocks

06:32 EDT Trip.com Group, Renfe partner to enhance Spanish rail travel experience - Trip.com Group has joined forces with Renfe, the Spanish rail operator, to offer travellers a unique and convenient way to explore the beauty of Spain through its extensive train network. As international travel rebounds, with a particular resurgence in Asian and Chinese markets following pandemic-related restrictions, Spain remains a top favourite among globetrotters. The collaboration is set to provide these global travellers with a comfortable and immersive way to experience the rich tapestry of Spain through Renfe's train services, which travellers can access through Trip.com and Ctrip.
HON GWH

Hot Stocks

06:31 EDT Honeywell, ESS Inc. announce strategic collaboration - Honeywell (HON) announced a strategic collaboration with ESS Tech (GWH) to advance technology development and market adoption of iron flow battery energy storage systems. Honeywell has made an investment in ESS as part of this collaboration. The relationship builds upon each company's development of energy storage systems, and brings together ESS' market-leading, patented IFB design with Honeywell's advanced materials and energy systems expertise.
ACRX

Hot Stocks

06:30 EDT AcelRx: FDA declined to issue EUA for Niyad at this time - In a regulatory filing, AcelRx said that as previously disclosed on April 27, the company submitted a request to the U.S. Food and Drug Administration for Emergency Use Authorization for Niyad, for use as a regional anticoagulant in patients receiving Continuous Renal Replacement Therapy who cannot tolerate heparin or are at a higher risk of bleeding. On September 22, the FDA notified the company that due to the volume of EUA requests the FDA has received, the FDA has determined that review of the Niyad EUA is not a priority and has therefore declined to issue an EUA for Niyad at this time pursuant to the FDA's current prioritization of EUA requests. In the notice letter, the FDA encouraged the company to continue to assess clinical development of the Niyad device. The company plans to initiate a registrational study of Niyad later this year and anticipates submitting a Pre-Market Application for Niyad to the FDA in 2024.
NVS

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06:21 EDT Novartis reports Phase 3 NETTER-2 trial met primary endpoint - Novartis announced the Phase III NETTER-2 trial with Lutathera met its primary endpoint. First line treatment with Lutathera in combination with long-acting octreotide demonstrated a significant improvement in progression-free survival, or PFS, in patients with newly diagnosed somatostatin receptor-positive, Grade 2 and 3, advanced gastroenteropancreatic neuroendocrine tumors, or GEP-NETs, versus high-dose long-acting octreotide alone. No new or unexpected safety findings were observed in the study and data are consistent with the already well-established safety profile of Lutathera, the company stated. "These positive results for Lutathera are quite remarkable and they represent the potential for radioligand therapy to make a meaningful impact for newly diagnosed patients living with advanced GEP-NETs," said Jeff Legos, Executive Vice President, Global Head of Oncology Development at Novartis. "Exploring the use of radioligand therapies in earlier lines of treatment for patients with cancer is part of our larger, collaborative effort to precisely deliver novel treatment modalities directly to the cancer cells to improve patient outcomes." The findings from NETTER-2 will be presented at an upcoming medical meeting and discussed with regulatory authorities.
NVS

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06:19 EDT Novartis confirms Sandoz spin-off for October 4 - Novartis confirmed plans for the 100% spin-off of the Sandoz business, with trading of new Sandoz Group AG shares and ADRs, or American Depositary Receipts, to commence on October 4. "This follows the previously announced Novartis shareholder approval for the Spin-off of Sandoz, at the EGM on September 15 2023. In addition, key regulatory approvals have been obtained, including the approval by SIX Exchange Regulation for the listing of the Sandoz shares on the SIX Swiss Exchange, subject to technical deliveries only. The shares of Sandoz are expected to be listed and traded from October 4, 2023 on the SIX Swiss Exchange with the symbol 'SDZ'. Sandoz will be included in the Swiss Performance Index, Swiss Leader Index and other relevant Swiss indices following completion of the Spin-off, as announced by the SIX Swiss Exchange. Sandoz ADRs are envisaged to be traded on the OTCQX, with the symbol to be available shortly before the Spin-off date. Key ratings agencies have confirmed Sandoz' credit rating will be investment grade following the Spin-off, placing the company in a strong position among its peers. Moody's Investors Service and S&P Global Ratings have rated Sandoz Baa2 and BBB, respectively. Sandoz has secured debt financing of $3.75B in various currencies through a group of banks which will also support Sandoz with a revolving credit facility of $1.25B to serve as an undrawn backstop facility. The Spin-off will be completed via distribution of a dividend-in-kind by Novartis, which is expected to occur on October 4, 2023. Each Novartis shareholder will receive one Sandoz share for every five Novartis shares and each Novartis ADR holder will receive one Sandoz ADR for every five Novartis ADRs. Novartis shareholders and ADR holders will receive a cash amount for any fractional interest. The Spin-off is expected to be tax neutral for Swiss tax and US federal income tax purposes," the company stated.
TGT

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06:15 EDT Target unveils plans for Target Circle Week event - Target Corporation unveiled plans for its Target Circle Week event Oct. 1-7, exclusively for members of Target Circle, its free-to-join loyalty program. With deep discounts on hot, trending gifts, seasonal items, everyday essentials and more, Target is offering a full week of savings on thousands of products across its assortment. In addition to deep savings on top products and brands, members will also receive exclusive access to special offers from Shipt, Ulta Beauty at Target and Tripadvisor. Target's more than 100 million Circle members can shop Target Circle Week deals in stores, online and on the Target app. Anyone who isn't yet a member can quickly and easily join for free at Target.com/circle to access the Target Circle Week deals, plus additional perks, personalized offers and more all year long.
GSK

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06:15 EDT Japan's MHLW approves GSK's Arexvy for adults 60 years and older - GSK plc announced that Japan's Ministry of Health, Labour and Welfare, or MHLW, has approved Arexvy for the prevention of RSV, or respiratory syncytial virus, disease for adults 60 years of age and above. "This is the first time an RSV vaccine for older adults has been approved in Japan," the company stated. Tony Wood, Chief Scientific Officer at GSK, said: "Arexvy is Japan's first approved RSV older adult vaccine, and is a major advance for public health with the potential to help protect around 43.5 million Japanese people aged 60 and older. Following key approvals in the US, EU, UK and Canada earlier this year, today's authorisation reinforces GSK's industry-leading vaccine portfolio."
KBR WDS

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06:14 EDT KBR awarded EPCm contract by Woodside Energy for Pluto LNG - KBR (KBR) has been awarded an engineering, procurement and construction management contract by Woodside Energy (WDS), as operator for and on behalf of the Pluto Joint Venture. Under the contract, KBR will undertake modifications to Train 1 of Woodside's Pluto LNG facility, located near Karratha, Western Australia. The modifications will enable the processing of up to three million tonnes per annum of Scarborough gas through Train 1.
ENOV

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06:13 EDT EQT Private Equity to sell LimaCorporate to Enovis, terms not disclosed - EQT Private Equity announces the sale of LimaCorporate to Enovis. With this transaction, LimaCorporate will become part of the NYSE-listed Enovis group in a strategic combination that creates a global leader in the orthopaedic industry. Founded in 1945 by the Lualdi family and headquartered in San Daniele del Friuli, Italy, LimaCorporate is a global orthopaedic implant manufacturer. Its heritage of innovation is reflected in its industry-leading know-how in additive manufacturing, such as its proprietary Trabecular Titanium technology. LimaCorporate has grown over the years to become one of the leading European orthopaedic companies, expanding its product portfolio primarily through in-house innovation and the advancement of its 3D printing capabilities. LimaCorporate, together with EQT, has been investing to solidify its core offering and increase manufacturing capacity in the face of rapidly growing demand, while further developing talent to execute the market expansion, with accelerated global growth. In 2022, the company reached revenues of EUR 249 million and it will continue to bring critical innovation to surgeons and patients as part of Enovis. By becoming part of the NYSE-listed Enovis group, LimaCorporate will benefit from a greater global network and new commercial opportunities thanks to the complementarity of the two companies' product portfolios and market penetration. New investments will accelerate the completion of the new production building at the Headquarter in San Daniele del Friuli. The local production plants will continue to support the global expansion of the Group. The transaction is subject to customary conditions and approvals and is expected to close in early 2024. In connection with the transaction, Enovis intends to redeem, repay, and/or cancel certain indebtedness of LimaCorporate in full on or around closing, including LimaCorporate S.p.A.'s senior secured floating rate notes due 2028 and the group's existing revolving credit facility.
BKNG

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06:10 EDT Booking Holdings to appeal EC decision to prohibit acquisition of Etraveli Group - Booking Holdings announced that it intends to appeal the European Commission's recently announced decision to prohibit the company's acquisition of Etraveli Group, from CVC Capital Partners, to the European courts.The company strongly believes the Commission is wrong on both the facts of the case and the law applicable to this transaction, which was cleared unconditionally by multiple competition authorities, including the UK Competition & Markets Authority and U.S. FTC. The Commission has fundamentally misconstrued the highly competitive travel markets for flights and accommodations, and its decision is an unexplainable departure from the Commission's own Non-Horizontal Merger Guidelines, which are legally binding on the Commission. The acquisition, which would have combined two separate but complementary Europe-based businesses operating within separate, highly competitive industries, would have delivered tremendous benefits for consumers and partners by bringing more options and competitive pricing. Booking Holdings regrets very much the lack of convergence of the European Commission with other major international enforcers on this pro-competitive transaction. The European Commission's decision does not alter Booking Holdings' commitment to continue building its already growing and successful flights offering at Booking.com, and providing increased choice and transparency for consumers, as the company today also announces an extension of an existing and long-standing commercial partnership agreement between Booking.com and Etraveli Group through at least December 2028. While the acquisition would have allowed Booking.com to fully harness all of Etraveli Group's capabilities and management team to offer a better flights product and better deals for consumers through, among other things, greater strategic and commercial alignment and enhanced integration, the continued partnership with Etraveli Group will further strengthen and accelerate Booking.com's ongoing work to build a frictionless global flights offering, which is already live in over 50 countries, and deliver even more value to travelers.
MLKN

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06:09 EDT Herman Miller Gaming, G2 Esports launch limited-edition Embody Gaming Chair - G2 Esports and Herman Miller Gaming releasing a limited-edition model of Herman Miller Gaming's Embody Gaming Chair. Only 250 of the limited-edition G2-branded Embody Gaming Chairs will be manufactured, becoming available for purchase globally on the 26th of September.
IMAX

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06:09 EDT Imax responds to Letko's statement on proposed privatization of IMAX China - "With reference to the announcement made by Letko, Brosseau & Associates Inc. on September 22, 2023 stating its intention to vote against the take private transaction, IMAX Corporation reiterates its belief that the transaction is in the best interests of IMAX China shareholders and represents a compelling offer. While IMAX China's first half results are encouraging reflecting both theatre re-openings and increased box office market share, IMAX China's share price continued to exhibit weakness and its trading volume hit all-time lows throughout 2023 prior to the proposed privatization transaction despite market awareness of IMAX China's results through weekly box office reporting and the first quarter results released by IMAX Corporation on April 27, 2023. IMAX China's volume weighted average price for the 30 and 90 full trading days prior to the transaction announcement was $6.46 and $7.50. We believe that major contributory factors to the historical share price weakness are a lack of trading liquidity, low institutional ownership and declining research coverage - all of which will remain unchanged should the transaction fail to receive shareholder approval. The proposal provides IMAX China shareholders with HK$10.00 per share in cash, which could be reinvested in IMAX Corporation's shares for those shareholders interested in participating in the company's continued growth in China."
SNY

Hot Stocks

06:08 EDT Sanofi says once-weekly Altuviiio approved in Japan - The Japanese Ministry of Health, Labor, and Welfare, or MHLW, has granted marketing authorization for Altuviiio, a first-in-class, high-sustained factor VIII replacement therapy, Sanofi announced. Altuviiio is indicated for control of bleeding tendency in patients with hemophilia A factor VIII deficiency. Altuviiio was also recently approved by the Taiwan Food and Drug Administration for treatment of adults and children with hemophilia A on August 31, Sanofi noted.
ARDX

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06:07 EDT Ardelyx: Kyowa Kirin's NDA for tenapanor approved in Japan - Ardelyx announced that its collaboration partner in Japan, Kyowa Kirin Co., has received approval from the Japanese Ministry of Health, Labour and Welfare for the New Drug Application for tenapanor for the improvement of hyperphosphatemia in adult patients with chronic kidney disease on dialysis. Tenapanor will be marketed with the brand name PHOZEVEL in Japan. This approval triggers an aggregate of $30 million from Kyowa Kirin to Ardelyx in milestone payments and payments under the recent amendment to the license agreement between Ardelyx and Kyowa Kirin. As a result of this approval, Ardelyx will also receive a $5 million payment under the terms of its agreement with HealthCare Royalty Partners. In addition, Ardelyx may also receive an additional $5 million from Healthcare Royalty Partners in the event net sales in Japan exceed a certain target by 2025.
CI

Hot Stocks

06:05 EDT Cigna invests $1M to address food insecurity among older Americans - Cigna Healthcare is investing $1M in national and community-based organizations this fall to address food insecurity among older Americans. Collectively, the funds are expected to provide more than 3M meals to people in need, increase access to 1.88M pounds of fresh produce, and save 21M gallons of water and 2.89 tons of CO2e emissions in responsible food distribution, supporting better health and positively impacting the environment.
RVPH

Hot Stocks

06:05 EDT Reviva Pharmaceuticals: Last patient evaluated in Phase 3 RECOVER trial - Reviva Pharmaceuticals announced that the last patient in its global pivotal Phase 3 RECOVER study evaluating brilaroxazine for schizophrenia has now completed the study. Topline data from RECOVER are expected in October 2023. Brilaroxazine is a serotonin-dopamine stabilizer with multifaceted activity designed to improve schizophrenia symptoms and accompanying neuroinflammation.
SLI SD

Hot Stocks

06:04 EDT Standard Lithium names Salah Gamoudi as CFO, effective October - Standard Lithium (SLI) announced an enhanced C-suite with the addition of Salah Gamoudi as CFO, effective October 1. This decision aligns with the company's efforts to bolster its senior leadership as it prepares for a dynamic phase of growth. Gamoudi has most recently served as Executive Vice President and CFO of SandRidge Energy (SD) from April 2020 to September 2023.
RRX WEGZY

Hot Stocks

06:03 EDT Regal Rexnord to sell Industrial Motors and Generators business to WEG - Regal Rexnord (RRX) has entered into a definitive agreement to sell the Industrial Motors and Generators businesses that comprise the majority of its Industrial Systems segment to WEG, through certain subsidiaries of WEG S.A. (WEGZY), for total consideration of $400M. The closing of the transaction, which is subject to obtaining required regulatory approvals and meeting customary closing conditions, is expected to occur in the first half of 2024. Regal Rexnord CEO, Louis Pinkham, commented on the agreement: "After a thorough strategic review, we believe this transaction with WEG will be a true win-win for both companies' principal stakeholders. The sale of our Industrial Motors and Generators businesses is consistent with our strategy of focusing the portfolio on products, sub-systems, end markets and/or applications where we can achieve GDP-plus growth rates and gross margins above 35%. While we have made significant progress improving the growth prospects and margins at these businesses, we believe that WEG is in a better position to accelerate their performance going forward. Consistent with our previously stated capital deployment intentions, all available net proceeds from the transaction will be used to reduce our debt. In combination with Regal Rexnord's strong expected organic cash flow generation, we remain on track to reduce our net leverage ratio to below 2.5x by 2025."
ENOV

Hot Stocks

06:02 EDT Enovis to acquire LimaCorporate S.p.A. for EUR800M - Enovis announced a definitive agreement to acquire LimaCorporate S.p.A., a privately held global orthopedic leader focused on restoring motion through an innovative portfolio of implant solutions. The acquisition has an enterprise value of approximately EUR800M, consisting of a EUR700M cash payment at closing and EUR100M in shares of Enovis common stock. Founded in 1945, Lima is a global orthopedic company with diversified revenues that has grown at a high single digit CAGR over the last 10 years, increasing into the low teens in the last several years. Lima's pioneering technological solutions, including digital innovation and patient-tailored hardware, are developed to empower surgeons and improve patient outcomes following joint replacement surgery. The Company expects Lima to generate sales of $290-$300 million and $70-$75 million of adjusted EBITDA in 2024. The transaction is expected to be completed in early 2024, subject to the receipt of applicable regulatory approvals and customary closing conditions.There is no change to Enovis' previously announced 2023 full-year guidance, which contemplates organic sales growth of 7-7.5%, adjusted EBITDA of $262-$270 million and adjusted earnings per diluted share of $2.22-2.36. The company expects the acquisition to be neutral to slightly accretive to 2024 adjusted earnings per share and accretive in 2025 and beyond.
ALVO

Hot Stocks

05:58 EDT Alvotech says Fuji Pharma Co receives marketing approval for AVT04 - Alvotech announced that its commercialization partner in Japan, Fuji Pharma Co., Ltd., has received marketing approval for AVT04, a biosimilar to Stelara, from the Japanese Ministry of Health, Labor and Welfare. Based on publicly available information, AVT04 is the first biosimilar to Stelara to be approved for sale in global markets. Global sales of Stelara reached over $10B for the twelve months preceding June 30, 2023, according to the manufacturer's public filings, making it one of the world's highest grossing biologics.
GMAB ABBV

Hot Stocks

05:57 EDT Genmab announces EPKINLY approved in Japan - Genmab (GMAB) announced that the Japan Ministry of Health, Labour and Welfare has approved EPKINLY as the first and only T-cell engaging bispecific antibody treatment in Japan of adult patients with certain types of relapsed or refractory large B-cell lymphoma, including diffuse large B-cell lymphoma, high-grade B-cell lymphoma, primary mediastinal large B-cell lymphoma and follicular lymphoma grade 3B, after two or more lines of systemic therapy. Epcoritamab is being co-developed by Genmab and AbbVie (ABBV) as part of the companies' oncology collaboration.
BIIB ESAIY

Hot Stocks

05:55 EDT Biogen, Eisai announce LEQEMBI Intravenous Infusion approved in Japan - Eisai (ESAIY) and Biogen (BIIB) announced that humanized anti- soluble aggregated amyloid-beta monoclonal antibody LEQEMBI Intravenous Infusion has been approved in Japan as a treatment for slowing progression of mild cognitive impairment and mild dementia due to Alzheimer's disease. Japan is the second country to grant approval, following the traditional approval in the U.S. in July 2023.
AMZN

Hot Stocks

05:54 EDT Amazon.com, Anthropic announce strategic collaboration to develop AI - Amazon and Anthropic announced a strategic collaboration that will bring together their respective industry-leading technology and expertise in safer generative artificial intelligence to accelerate the development of Anthropic's future foundation models and make them widely accessible to AWS customers. As part of the expanded collaboration: Anthropic will use AWS Trainium and Inferentia chips to build, train, and deploy its future foundation models, benefitting from the price, performance, scale, and security of AWS. The two companies will also collaborate in the development of future Trainium and Inferentia technology. AWS will become Anthropic's primary cloud provider for mission critical workloads, including safety research and future foundation model development. Anthropic plans to run the majority of its workloads on AWS, further providing Anthropic with the advanced technology of the world's leading cloud provider. Anthropic makes a long-term commitment to provide AWS customers around the world with access to future generations of its foundation models via Amazon Bedrock, AWS's fully managed service that provides secure access to the industry's top foundation models. In addition, Anthropic will provide AWS customers with early access to unique features for model customization and fine-tuning capabilities. Amazon will invest up to $4B in Anthropic and have a minority ownership position in the company. Amazon developers and engineers will be able to build with Anthropic models via Amazon Bedrock so they can incorporate generative AI capabilities into their work, enhance existing applications, and create net-new customer experiences across Amazon's businesses.