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Correction: Transgene Announces the Temporary Suspension of Trading of its Shares on Euronext Paris
Globenewswire· 2025-11-25 20:43
Core Points - Transgene has requested a suspension of trading for its shares on Euronext Paris starting November 26, 2025, pending the announcement of its capital increase results [1] - Trading is expected to resume on November 27, 2025, at market opening [1] Company Overview - Transgene is a biotechnology company focused on developing immunotherapy products for cancer treatment, with a portfolio that includes several viral vector-based immunotherapies in clinical development [2] - The lead candidate, TG4050, is the first individualized treatment from the myvac® platform, showing clinical proof of concept in patients with head and neck cancer [2] - Other candidates in development include BT-001, an oncolytic virus based on the patented invir.IO® platform [2] Technology and Innovation - The myvac® platform integrates tumor mutations identified through artificial intelligence into a viral vector, marking a step into precision medicine [3] - The invir.IO® platform allows for the design of multifunctional oncolytic viruses, showcasing Transgene's expertise in viral vector engineering [3]
Abaxx Exchange Granted Registration as a Foreign Board of Trade by U.S. CFTC, Enabling Direct Participation by U.S. Futures Firms
Globenewswire· 2025-11-25 20:39
Core Insights - Abaxx Technologies Inc. has received registration as a Foreign Board of Trade (FBOT) from the U.S. Commodity Futures Trading Commission (CFTC), allowing U.S.-based futures commission merchants, brokers, and trading firms to access Abaxx Exchange's regulated markets directly for the first time [1][2] Group 1: Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore, which owns the Abaxx Commodity Exchange and Clearinghouse [1][8] - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [7] Group 2: Market Expansion - The FBOT registration is a significant milestone for Abaxx, marking the opening of its physically-deliverable futures markets to the largest derivatives trading community globally, thus enhancing participation in its benchmark contracts [2][5] - Abaxx's suite of centrally-cleared commodity futures and derivatives is designed to improve price discovery and risk management for commodities essential to the transition to a lower-carbon economy, including energy, environmental, battery materials, and precious metals [3][9] Group 3: Unique Offerings - Abaxx Exchange features unique products such as the only physically-backed LNG forward curves, U.S. dollar-denominated gold kilobar futures contracts based in Singapore, and lithium carbonate benchmarks outside China [4][9] - The exchange also offers financially-settled contracts indexed to the utilization of installed wind capacity in Germany, addressing practical challenges in price discovery, hedging, and risk management [4][9] Group 4: Industry Response - Industry leaders have expressed positive sentiments regarding Abaxx's FBOT registration, highlighting the increased access for U.S. commercial players to engage with commodity benchmarks anchored in real physical trade flows [5][6]
StorageVault Announces Filing of Short Form Prospectus
Globenewswire· 2025-11-25 20:25
Core Viewpoint - StorageVault Canada Inc. has announced the receipt of a final short form prospectus for an offering of senior unsecured hybrid debentures, aiming to raise gross proceeds of $50 million, with a maturity date of December 31, 2030 [2][4]. Group 1: Offering Details - The offering is subject to customary regulatory approvals, including approval from the Toronto Stock Exchange [2]. - The prospectus is available through SEDAR+ and provides detailed information about StorageVault and the offering [3]. - The securities offered will not be registered under the United States Securities Act of 1933 and cannot be sold or delivered in the United States [4]. Group 2: Company Overview - StorageVault operates 265 storage locations across Canada, owning 232 of these locations and over 5,000 portable storage units, totaling over 13.2 million rentable square feet [5]. - The company also offers last mile storage and logistics solutions, as well as professional records management services [5].
Toll Brothers Offering Sneak Peek Tours of Woodinville Square Model Homes in Woodinville, Washington
Globenewswire· 2025-11-25 20:06
Core Insights - Toll Brothers, Inc. is launching a new luxury townhome community named Woodinville Square in the Seattle area, with exclusive sneak peek tours available before the public grand opening on January 17, 2026 [1][2]. Group 1: Community Features - Woodinville Square features luxury townhomes with 3-bedroom, 3.5-bathroom designs, and floor plans ranging from 1,510 to over 2,017 square feet [2]. - Homes include one- or two-car garages, 3 to 4 stories, and select models offer serene rooftop decks, with pricing starting from the mid-$800,000s [2][4]. Group 2: Location and Accessibility - The community is situated in downtown Woodinville, providing direct access to the 42-mile Eastrail trail system, connecting to Kirkland, Bellevue, and Redmond [4]. - Residents will be close to The Schoolhouse District, which offers retail, dining, and wine tasting rooms, and is minutes away from upscale shopping and entertainment in Bothell and Kirkland [4]. Group 3: Educational Benefits - Residents will be part of the top-rated Northshore School District, with access to Hollywood Hill Elementary, Leota Middle School, and Woodinville High School [5]. Group 4: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the U.S., founded in 1967 and publicly traded since 1986 [7]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [8].
Transgene Announces the Temporary Suspension of Trading of its Shares on Euronext Paris
Globenewswire· 2025-11-25 19:42
Core Points - Transgene has requested a suspension of trading for its shares on Euronext Paris pending the publication of results from its capital increase [1] - Trading is expected to resume on November 27, 2025, at the market opening [1] Company Overview - Transgene is a biotechnology company focused on developing immunotherapy products for cancer treatment [2] - The company's lead candidate, TG4050, is an individualized treatment that has shown clinical proof of concept in patients with head and neck cancer [2] - Transgene is also developing other candidates, including BT-001, which is based on a patented oncolytic virus [2] Technology Platforms - The myvac® platform allows for patient-specific immunotherapy by integrating tumor mutations identified through artificial intelligence [3] - The invir.IO® platform enables the design of multifunctional oncolytic viruses, showcasing Transgene's expertise in viral vector engineering [3]
Scilex Holding Company Announces Closing of Exercise of Warrants for $20.3 Million Gross Proceeds
Globenewswire· 2025-11-25 19:37
Core Viewpoint - Scilex Holding Company has successfully closed the exercise of existing warrants, generating approximately $20.3 million in gross proceeds, which will be used for working capital and general corporate purposes [1][4]. Group 1: Warrants and Proceeds - The company exercised two sets of existing warrants, totaling 904,396 shares, at a reduced exercise price of $22.51 per share [1]. - The April 2024 Warrants were originally priced at $38.50 per share, while the December 2024 Warrants had an exercise price of $22.72 per share [1]. - The gross proceeds from the exercise of these warrants were approximately $20.3 million before deducting fees and expenses [1]. Group 2: New Warrant Issuance - In exchange for the immediate cash exercise of the existing warrants, the company issued a new unregistered warrant for 1,356,594 shares at an exercise price of $29.00 per share, which is exercisable immediately and has a five-year term [3]. - The new warrant was offered in a private placement under Section 4(a)(2) of the Securities Act and Regulation D [5]. Group 3: Company Overview - Scilex is focused on acquiring, developing, and commercializing non-opioid pain management products for acute and chronic pain, as well as neurodegenerative and cardiometabolic diseases [8]. - The company's commercial products include ZTlido, ELYXYB, and Gloperba, which target significant unmet medical needs [9][10]. - Scilex has three product candidates in development, including SP-102, SP-103, and SP-104, which are aimed at various pain management indications [10].
Townsquare to Participate in Upcoming Investor Conference
Globenewswire· 2025-11-25 19:30
Group 1 - Townsquare Media, Inc. will participate in Noble Capital Markets' Twenty First Annual Emerging Growth Equity Conference on December 3, 2025, at 1:30 PM Eastern Time [1] - Interested investors can attend the conference at a discounted rate using the code TSQNOBLECON [2] - A high-definition video webcast of the presentation will be available the following day on Townsquare's investor relations page and will be archived for 90 days [3] Group 2 - Townsquare Media is a community-focused digital and broadcast media and digital marketing solutions company, primarily targeting markets outside the top 50 in the U.S. [4] - The company operates Townsquare Ignite, a digital advertising division that utilizes proprietary technology and a portfolio of over 400 local news and entertainment websites [4] - Townsquare Interactive provides subscription digital marketing services to small and medium-sized businesses, offering a range of digital services including website design and search engine optimization [4] Group 3 - Noble Capital Markets, established in 1984, is a full-service broker-dealer providing investment and advisory services, with a focus on middle-market expertise [5] - Noble has raised billions of dollars for companies and published over 45,000 equity research reports [5] - Channelchek, launched by Noble in 2018, is an investor community dedicated to public emerging growth companies, offering free access to institutional-quality research [6]
Data and AI Leader EXL to host ‘IdeaTank’ innovation event at the Nasdaq MarketSite
Globenewswire· 2025-11-25 19:26
Core Insights - EXL is hosting its second annual IdeaTank event on December 8, 2025, at the Nasdaq MarketSite, showcasing innovation and AI-driven solutions from its global employee base [2][4] - The 2025 IdeaTank has received over 11,000 submissions, marking a seven-fold increase from the previous year, highlighting the growing engagement and creativity within the company [3][5] - Winning ideas from the IdeaTank will receive funding and development resources to enhance EXL's capabilities and client solutions [2][5] Company Overview - EXL is a global data and AI company that focuses on transforming business models and driving growth through innovative solutions across various industries, including insurance, healthcare, and banking [8] - The company was founded in 1999 and has approximately 63,000 employees worldwide, emphasizing core values such as innovation, collaboration, and excellence [8] Event Highlights - The IdeaTank event will feature Robert Herjavec, a recognized entrepreneur, who will engage with finalists and discuss entrepreneurship and innovation [4][6] - This year's submissions cover a wide range of themes, including AI applications in medical data and enhancements to existing EXL capabilities [5] - Finalists will have the opportunity to pitch their ideas in person, receiving strategic support and mentorship to bring their concepts to fruition [5][6]
UPDATED: PetVivo AI, Inc. Launches AI Platform Reducing Veterinary Client Acquisition Costs by 50-90%
Globenewswire· 2025-11-25 19:20
Core Insights - PetVivo.ai has launched an AI platform aimed at transforming the $150 billion pet care market by significantly reducing customer acquisition costs for veterinary practices [2][4][9] Group 1: Company Overview - PetVivo Holdings, Inc. is focused on commercializing innovative medical products and therapeutics for companion animals and horses [2][12] - The company has introduced PetVivo.ai, an AI-driven Software-as-a-Service (SaaS) platform that enhances its existing product portfolio [3][10] Group 2: Market Opportunity - The pet care industry exceeds $150 billion annually, with Gen Z and Millennial pet parents making up 57% of pet owners, who expect modern digital experiences [4][8] - There are approximately 30,000 veterinary practices in the U.S. and over 100,000 worldwide, indicating a large and under-digitized market for PetVivo.ai [8] Group 3: Product and Technology - PetVivo.ai utilizes nine specialized AI agents to connect veterinary practices with pet owners, improving lead generation and customer engagement [5][10] - The platform has demonstrated a customer acquisition cost of $42.53, significantly lower than the typical $80–$400 spent by veterinary practices [2][7] Group 4: Financial Metrics - In a beta program, the median practice acquired 47 new clients over six months, achieving a blended customer acquisition cost of $42.53 [5][7] - The platform offers a pricing model starting at $1,999 per month, with gross margins between 80% and 90% [7] Group 5: Competitive Advantages - PetVivo.ai holds a first-mover advantage in the AI-driven veterinary market, with no direct competitors and strong network effects [10] - The company has established relationships with 1,200 veterinary clinic distributors and plans to expand to over 7,000 [10] Group 6: Valuation Potential - The launch of PetVivo.ai is expected to transition the company from traditional medical device revenue multiples (1–2x) to AI SaaS multiples (15–30x), indicating potential valuation upside [9]
Correction: Transgene launches a fundraising campaign for approximately 105 million euros
Globenewswire· 2025-11-25 19:10
Core Points - Transgene is launching a fundraising initiative to raise approximately €105 million through the issuance of new shares to specialized investors via private placement and to retail investors via the PrimaryBid platform [1][4][6] - The funds raised will primarily accelerate the development of the myvac® program, which focuses on individualized cancer vaccines, particularly for head and neck cancer [3][4][7] - The company anticipates that the net proceeds from the fundraising, combined with existing cash, will be sufficient to meet working capital requirements until early 2028 [5][9] Fundraising Details - The fundraising consists of a private placement aimed at international institutional investors and a public offering for retail investors, with TSGH committing to subscribe for at least €70 million [6][10] - A concurrent capital increase of approximately €39.4 million is reserved for TSGH, which will be executed at the same price as the private placement and PrimaryBid offering [2][32] - The private placement and PrimaryBid offering are expected to close on 26 November 2025, with trading of Transgene shares suspended on that day [6][29][20] Use of Proceeds - Approximately 70% of the net proceeds will be allocated to accelerate the myvac® program, including ongoing clinical trials and manufacturing optimization [7][4] - About 20% will be used for R&D costs related to the myvac® program and other clinical trials, while the remainder will cover general administrative expenses [7][4] Financial Position - Prior to the fundraising, Transgene had €11.1 million in cash and a drawing capacity of €8.7 million on the Current Account Advance [8] - Following the completion of the Reserved Capital Increase, the Current Account Advance Agreement will be terminated, enhancing the company's financial stability [9][32] Expected Milestones - Key milestones for the myvac® platform include reporting important data in 2026 and 2027, with potential initiation of a Phase 3 trial in head and neck cancer [3][11][13]