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Pegasus Mercantile FFCTO Status Update
Thenewswire· 2026-02-10 22:10
Core Viewpoint - Pegasus Mercantile Inc. is currently under a Failure-to-File Cease Trade Order (FFCTO) due to its inability to file annual financial statements by the deadline, resulting in a suspension of trading on the Canadian Securities Exchange [1]. Group 1: Default Status Update - The British Columbia Securities Commission (BCSC) issued the FFCTO on February 4, 2026, because the company failed to file its annual financial statements and management's discussion and analysis (MD&A) for the year ended September 30, 2025 by January 28, 2026 [1]. - The FFCTO will remain in effect until the company fulfills all annual financial filing requirements and receives a revocation order from the BCSC [1]. Group 2: Management Actions - The company's management and audit committee are actively working with auditors to complete the necessary documents for the annual financial filings [2]. - The company plans to issue weekly default status reports and confirms that there is no undisclosed material information regarding its affairs [2]. Group 3: Company Overview - Pegasus Mercantile is a prospect generator that supports high-growth companies with financial, operational, and management assistance [3]. - The company is diversifying its focus into sectors such as global wellness, psychedelics, mycology, hemp and CBD, and healthcare-related clinical studies and trials [3].
PharmAla To Supply Østfold Hospital Trust with LaNeo™ MDMA for Clinical Research
Globenewswire· 2026-01-08 13:30
Core Viewpoint - PharmAla Biotech Holdings Inc. has entered into an agreement with Østfold Hospital Trust of Norway to supply LaNeo™ MDMA for research into its potential as a treatment for Major Depressive Disorder [1][2] Group 1: Agreement Details - The agreement includes financial and data-sharing provisions, with PharmAla aiming to ship LaNeo MDMA Clinical Research Materials to Østfold Hospital Trust as soon as regulatory approvals are obtained [2][3] - Østfold Hospital Trust selected PharmAla after a competitive review, citing the company's professionalism and understanding of regulatory and scientific requirements for clinical research [3] Group 2: Company Background - PharmAla is focused on the research, development, and manufacturing of MDXX class molecules, including MDMA, and aims to alleviate the global backlog of clinical-grade MDMA for trials and commercial sales [5] - The company is the only provider of clinical-grade MDMA for patient treatments outside of clinical trials and has completed proof-of-concept research into several drug candidates [5]
AtaiBeckley completes redomiciliation from Netherlands to US
Proactiveinvestors NA· 2025-12-31 13:31
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and improve content delivery [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Nasdaq, Dow Jones futures flat as traders eye Fed minutes, year-end risks
Proactiveinvestors NA· 2025-12-30 13:20
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
374 Water partners with City of Cedar Rapids on PFAS biosolids destruction project
Proactiveinvestors NA· 2025-12-29 13:31
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
PharmAla Issues Audited Year End 2025 and Unaudited Q1 Fiscal 2026 Financial Statements
Globenewswire· 2025-12-24 13:30
Core Viewpoint - PharmAla Biotech Holdings Inc. is advancing its development of LaNeo™ MDMA and aims to initiate Phase 2a/b clinical trials in Australia, driven by increasing demand and reimbursement approvals for medical treatments using LaNeo MDMA [2]. Financial Highlights - The company has reported an increase in customer deposits, with a total of $276,000 as of August 31, 2025, up from $209,000 in 2024, and $433,000 as of November 30, 2025, up from $276,000 [7]. - Recognized revenue for the year-end 2025 was $83,000, and for Q1 2026, it was $68,000, indicating ongoing revenue generation alongside growing deposits [7]. Development and Strategy - The company has filed a short-form prospectus and secured a lending partner in Australia, which will support its clinical trial and development efforts [4]. - PharmAla is focused on alleviating the global backlog of generic, clinical-grade MDMA and developing novel drugs within the MDXX class [4].
Canada's GDP rebounds in Q3, led by stronger trade balance
Proactiveinvestors NA· 2025-11-28 14:26
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]
AtaiBeckley advances clinical pipeline, strengthens balance sheet in Q3
Proactiveinvestors NA· 2025-11-12 13:41
Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
PharmAla Files Final Base Shelf Prospectus and Signs Term Sheet with Radium Capital
Globenewswire· 2025-11-03 13:30
Core Viewpoint - PharmAla Biotech Holdings Inc. has filed a final short form base shelf prospectus to provide flexibility for financing opportunities over a 25-month effective period, allowing the company to issue various securities as needed [1][2][4] Group 1: Prospectus Details - The prospectus has been filed in all provinces and territories in Canada, enabling the company to offer common shares, warrants, units, subscription receipts, debt securities, or any combination of these securities [2] - The company may utilize the prospectus for "at-the-market distribution," allowing securities to be sold through the Canadian Securities Exchange or other trading markets [3] - Currently, there are no immediate plans to issue any securities under the prospectus, and specific terms will be outlined in a prospectus supplement if the company decides to proceed [4] Group 2: Loan Facility with Radium Capital - PharmAla's subsidiary, PharmAla Biotech Australia, has signed a term sheet with Radium Capital for a loan facility based on expected Research and Development Tax Incentive refunds [5] - The loan facility allows for up to 80% of the expected RDTI refund to be advanced once qualifying expenses are incurred, with each tranche secured by the related RDTI refund [5] - The CEO emphasized that this loan facility presents an opportunity to develop intellectual property without exposing it to securitization risk, aligning with the company's clinical trial strategy in Australia [6] Group 3: Strategic Goals - The CFO highlighted that securing efficient, low-risk debt funding will help optimize future tax incentives and drive cost efficiency in planned clinical trials [7] - PharmAla aims to alleviate the global backlog of generic, clinical-grade MDMA for clinical trials and commercial sales while developing novel drugs in the same class [7]
Atai Life Sciences: Promising Emerging Leader In Psychedelics (NASDAQ:ATAI)
Seeking Alpha· 2025-10-20 13:00
Group 1 - The article does not provide any specific company or industry analysis, focusing instead on the author's qualifications and disclosures [1][2][3]