Karolinska Development's portfolio company Modus Therapeutics carries out a fully secured rights issue of SEK 28.3 million
Globenewswire· 2025-06-27 14:49
STOCKHOLM, SWEDEN June 27, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company, Modus Therapeutics carries out a fully secured rights issue of units of SEK 28.3 million. The proceeds from the rights issue are intended to finance the continued development of the drug candidate sevuparin in chronic kidney disease with anemia. On June 26 2025, the portfolio company Modus Therapeutics, listed on Nasdaq First North Growth Market, announced that the company is carry ...
Ostin Technology Group Co Ltd Issues Statement Regarding Market Activity
Globenewswire· 2025-06-27 14:40
Nanjing, China, June 27, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, issued the following statement in response to the market activity on June 26: The Company does not have any undisclosed material matters, nor is it aware of the specific reasons for the abnormal stock price fluctuations on June 26. However, we must caution investors and all other persons to rely solely on statements and filings ...
Methanex Corporation Completes Acquisition of OCI Global’s Methanol Business
Globenewswire· 2025-06-27 14:36
VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business. As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low ...
Davidson Kempner Capital Management LP : Form 8.3 - DIRECT LINE INSURANCE GROUP PLC
Globenewswire· 2025-06-27 14:20
Key Information - Davidson Kempner Capital Management LP disclosed a position in Direct Line Insurance Group PLC, indicating ownership of cash-settled derivatives amounting to 37,889,528, representing 2.89% of the relevant securities [1][3]. Positions of the Discloser - The discloser holds cash-settled derivatives of 37,889,528, which corresponds to 2.89% of the relevant securities [3]. Dealings - The discloser engaged in cash-settled derivative transactions, increasing a long position by 236 units at a price of GBP 3.0760 and decreasing a long position by 236 units at a price of GBP 3.0640 [8]. Other Information - There are no indemnity or other dealing arrangements related to the relevant securities disclosed by the discloser [12]. - No agreements or understandings regarding voting rights or future acquisition or disposal of relevant securities were reported [13].
New Data for Nusinersen Underscore Biogen's Commitment to Advancing Clinical Research to Improve Outcomes in SMA
Globenewswire· 2025-06-27 14:00
New analyses from DEVOTE Part C further characterize the improvements in motor function in participants with SMA who transitioned to the investigational higher dose regimen of nusinersen from 12 mg SPINRAZA® (nusinersen) Final results from the landmark NURTURE study highlight the profound impact of early treatment with 12 mg SPINRAZA in clinically presymptomatic SMA with 92% of children achieving the ability to walk independently CAMBRIDGE, Mass., June 27, 2025 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) ...
Rogers Celebrates 40th Anniversary of Canada’s First Wireless Call on July 1
Globenewswire· 2025-06-27 13:30
Core Insights - The article highlights the significant evolution of wireless communication in Canada over the past 40 years, marking the anniversary of the first wireless call made in 1985 [2][4] - Rogers Communications has played a pivotal role in this transformation, investing $45 billion in wireless technology and achieving milestones in each generation of mobile networks [3][4] Group 1: Historical Context - The first wireless call in Canada was made on July 1, 1985, by then-Toronto Mayor Art Eggleton using a 10-pound mobile phone [2] - In July 1985, mobile networks handled only 100 calls per day, contrasting sharply with the current usage of 100 million calls daily [4] Group 2: Company Achievements - Rogers has introduced several technological advancements: 1G for voice calls, 2G for texting, 3G for email and internet access, 4G for smartphones, and 5G for enhanced speeds and lower latency [3] - Currently, Rogers is recognized as Canada's most reliable 5G+ network, reflecting its commitment to innovation and connectivity [3] Group 3: Data Usage - Canadians now utilize 6.5 billion megabytes of data daily on the Rogers wireless network, showcasing the dramatic increase in data consumption over the years [4] Group 4: Company Milestones - 2025 marks the 65th anniversary of Rogers Communications, which was founded in 1960 with the acquisition of the radio station CHFI in Toronto [4]
Dynacor Group Announces Reorganisation of Peruvian Subsidiary
Globenewswire· 2025-06-27 13:30
Core Insights - Dynacor Group Inc. is restructuring its Peruvian subsidiary, Veta Dorada, to align with its international expansion goals [1][2] - The restructuring aims to enhance management capacity and internal processes, following an external human resources appraisal [2][3] - Dynacor emphasizes adherence to its Code of Conduct and is taking steps to ensure corporate integrity through external reviews [3] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, with a commitment to responsible mineral supply chains [5] - Since its inception in 1996, Dynacor has experienced significant growth, including a tenfold increase in operational capacity and a thirty-fivefold increase in personnel [2] - The company operates the Veta Dorada plant and is planning expansions into West Africa and Latin America [5] Organizational Changes - The restructuring at Veta Dorada includes recruiting management with international experience, creating new positions, and adjusting existing roles [4] - The changes are part of a broader strategy to transition into a multi-asset gold processor and to instill a corporate culture based on clear values and enhanced communication [4] - The management team in Canada is being strengthened in preparation for international expansion [4]
Safety Shot Completes Acquisition of Yerbae Brands Corp.
Globenewswire· 2025-06-27 13:28
Core Insights - Yerbaé Brands Corp. has successfully completed a business combination with Safety Shot, Inc., where Safety Shot acquired all outstanding shares of Yerbaé [1][2] - The transaction was executed through a court-approved plan of arrangement, resulting in Safety Shot shareholders owning approximately 81.64% of the combined company, while former Yerbaé shareholders own about 18.36% [2][3] Transaction Overview - Under the arrangement agreement dated January 7, 2025, Safety Shot acquired all Yerbaé shares, with each Yerbaé shareholder receiving 0.2918 of a Safety Shot share for each Yerbaé share held [3] - The total number of Safety Shot shares issued in the transaction was 19,881,948 [2] - Yerbaé shares will be delisted from the TSX Venture Exchange and OTCQX effective June 30, 2025 [3] Shareholder Information - Yerbaé shareholders with physical share certificates must submit a Letter of Transmittal to receive their Safety Shot shares [4] - For shareholders holding shares in book-entry form or brokerage accounts, the exchange of shares is automatic [5] Company Profiles - Safety Shot, Inc. specializes in wellness and dietary supplements, notably developing Sure Shot, a patented product that lowers blood alcohol content while enhancing clarity and energy [6] - Yerbaé Brands Corp. produces plant-based energy beverages that are zero calorie, zero sugar, and cater to various dietary preferences, aiming to disrupt the energy beverage market [7] Advisory Information - Maxim Group LLC acted as the exclusive financial advisor to Safety Shot during the merger [8] - Legal counsel for Yerbaé was provided by Cozen O'Connor LLP, while Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for Safety Shot [9]
Channel Therapeutics Announces Reverse Common Stock Split in Conjunction with the Close of the Merger with Pelthos Therapeutics and Concurrent $50.1 Million Private Placement
Globenewswire· 2025-06-27 13:15
FREEHOLD, N.J., June 27, 2025 (GLOBE NEWSWIRE) -- Channel Therapeutics Corporation, (“Channel” or the “Company”), (NYSE American: CHRO), an emerging leader in the development of non-opioid pain treatment therapeutics, today announced a 10-for-one reverse split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”). The Reverse Stock Split is intended to increase the market price per share of the Company’s Common Stock and help the Company satisfy the initial listing requirements of t ...
North Bay Resources Announces Physical Gold + Shares Unit Financing
Globenewswire· 2025-06-27 13:08
BISHOP, Calif., June 27, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a private placement offering to residents of the United States (and globally as Canadian and non – United States Accredited Investors) who qualify as verified accredited investors pursuant to Rule 506(c) and Regulation D under the United States Securities Act of 1933. All US subscribers must complete and return the accreditation form and sufficient supporting informat ...