Businesswire News Releases

May 13, 2024 03:05 ET
E3 Lithium and Imperial Oil Agreement Update
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce an update to its agreement with Imperial Oil Limited (“Imperial” or “IOL”)....
May 13, 2024 03:01 ET
SWISSto12 supplies Northrop Grumman with critical Radio Frequency products for a GEOStar-3 Commercial Satellite Program
St12 RF Solutions, the US entity of leading manufacturer of advanced satellite products, payloads and Radio Frequency (RF) systems SWISSto12, today announced it has developed, qualified and delivered three fully-integrated RF Antenna Feed Chains in various bands for the payload of Northrop Grumman's commercial GEOStar-3 satellite. SWISSto12 completed the qualification program in January 2024, delivering the three integrated feed chains to Northrop Grumman for payload integration....
May 13, 2024 03:01 ET
Un-Jammable Quantum Tech Takes Flight to Boost UK’s Resilience Against Hostile Actors
In a first-of-its-kind achievement, the UK has successfully completed commercial flight trials of advanced quantum-based navigation systems that cannot be jammed or spoofed by hostile actors....
May 13, 2024 03:00 ET
Avata Biosciences Emerges to Develop Solid Dose Cannabinoid Medicines for Epilepsy and Other Neurological Diseases
Avata Biosciences Ltd (‘Avata’), the former Sapient Therapeutics, is a clinical-stage biopharmaceutical company with a mission to improve the lives of patients living with neurological diseases. Meaning ‘to unlock’, Avata is emerging with a new name better aligned to unlock the potential of its proprietary technology to treat large patient populations. Avata is progressing clinical development of its lead product SAP-021, an orally administered capsule of pharmaceutical quality cannabidiol (CBD), towards the 505(b)(2) FDA Regulatory Pathway following a pre-IND meeting with the FDA....
May 13, 2024 03:00 ET
Crescent European Specialty Lending Announces Financing for the Acquisition of D. Van Der Steen by IceLake
Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support the acquisition of D. Van Der Steen (VDS), a leading full-service provider of road maintenance services for municipalities and provinces in the Netherlands, by IceLake, a private equity firm....
May 13, 2024 03:00 ET
Sarbjit Nahal Joins Lazard Asset Management
Lazard Asset Management (LAM) announced today that it is strengthening its leading Global Thematic platform with the addition of Sarbjit Nahal as a Portfolio Manager / Analyst. The addition of Mr. Nahal bolsters Lazard’s Global Thematic Equity strategies, which seek to benefit from structural change in industries and companies around the world....
May 13, 2024 02:33 ET
Introducing ScoliCare® Clinic East Phoenix
People with scoliosis in Arizona will now have access to a world-leading scoliosis treatment center with the opening of ScoliCare Clinic East Phoenix. This cutting-edge clinic aims to transform the lives of patients with scoliosis through its scoliosis-specific approach, state-of-the-art facilities, and experienced healthcare team....
May 13, 2024 02:30 ET
Yara Clean Ammonia and AM Green (Earlier Greenko ZeroC) Sign Term Sheet for Sale of Renewable Ammonia From India to Yara Clean Ammonia’s Global Market
Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, and Greenko ZeroC, the green ammonia production arm of the India-based AM Green, signed a term sheet for supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India....
May 13, 2024 02:01 ET
PSNC and ORCA Computing Announce Collaboration with NVIDIA to Accelerate the Development of Hybrid Quantum Classical High-Performance Computing
ISC -- ORCA Computing, a leading quantum computing company, and Poznań Supercomputing and Networking Center (PSNC), an internationally renowned research and development supercomputing center, today announced a collaboration with NVIDIA, to accelerate the development of hybrid quantum-classical approaches. Recognizing the necessity of hybrid co...
May 13, 2024 02:00 ET
Patron Capital Raises in Excess of $920 Million for Fund VII as US Investors Look to European Real Estate
Patron Capital, the pan-European institutional investor focused on property-backed investments, has closed its seventh flagship fund, raising in excess of $920 million, including more than $215 million of Patron discretionary co-investment capital for larger opportunities....
May 13, 2024 02:00 ET
Prospective Study Shares Early Clinical Experience with Shape Memory Polymer Vascular Plugs for Pelvic Venous Disease
Shape Memory Medical Inc., developer of custom shape memory polymers for endovascular markets, announced the publication of a prospective observational study looking at the use of a single shape memory polymer plug, the IMPEDE-FX Embolization Plug, as the embolization agent to treat female pelvic venous disease (PVD). Published in the European Journal of Vascular and Endovascular Surgery by Leal et al, this work was conducted by the Department of Vascular Surgery and Interventional Radiology and the Department of Gynecology and Obstetrics at Clínica Universidad de Navarra, in Madrid, Spain....
May 13, 2024 01:40 ET
Hai Robotics Deploys Goods-to-Person Solution in L'Oréal China's First SMART Fulfillment Center
Hai Robotics ("Hai") has joined forces in the inauguration of L'Oréal's SMART Fulfillment Center in Suzhou, China. Located inside Suzhou Industrial Park, this fulfillment center signals Hai's ongoing commitment to support its customers on every step of their warehousing journey with technical expertise, quality service and prompt delivery....
May 13, 2024 01:16 ET
Almirall Delivers Strong Start of 2024 – Q1 Net Sales Growth of 6.6% Overall and 18% in the European Dermatology Business, Driven by Biologics and Solid Performance of Broad Product Portfolio
Almirall, S.A. (ALM) a global biopharmaceutical company based in Barcelona, today announced its financial results from the first quarter 2024. Almirall delivered strong sales growth in the first quarter of 2024 which continues to be driven by the dermatology business in Europe. Net Sales increased by 6.6% to a total of €247.4 MM, EBITDA was €52.5 MM (increase of 1.4% YoY) driven by higher sales growth, with a gross margin of 63.5%. Dermatology sales in Europe increased by 18.1% to a total of €113MM. Continued strong investments in supporting the Ebglyss launch and our R&D efforts (10.7%...
May 13, 2024 00:01 ET
So Many ‘Dicks’ So Few of Everyone Else: e.l.f. Beauty Encourages More Diversity Across U.S. Corporate Boards
e.l.f. Beauty (NYSE: ELF) is highlighting its ambition to see more diversity in U.S. corporate boardrooms with an eye-catching, disruptive media campaign on digital screens surrounding Wall Street called “So Many Dicks.” Revealed today at some of the busiest New York business hubs, this work is the next phase of the company’s “Change the Board Game” initiative....
May 12, 2024 22:40 ET
CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of California BanCorp (the “Company”) (NasdaqGS: CALB) to Southern California Bancorp (“SCB”) (NasdaqCM: BCAL). Under the terms of the proposed transaction, shareholders of California BanCorp will receive 1.590 shares of SCB for each share of California BanCorp that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company....
May 12, 2024 22:31 ET
MCGRATH RENTCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of McGrath RentCorp - MGRC
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of McGrath RentCorp (NasdaqGS: MGRC) to WillScot Mobile Mini Holdings Corp. (NasdaqCM: WSC). Under the terms of the proposed transaction, shareholders of McGrath will receive $123.00 in cash or 2.8211 shares of WillScot common stock for each share of McGrath that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company....
May 12, 2024 22:29 ET
HIRERIGHT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HireRight Holdings Corporation - HRT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HireRight Holdings Corporation (NYSE: HRT) to affiliates of General Atlantic, L.P. and Stone Point Capital LLC. Under the terms of the proposed transaction, shareholders of HireRight will receive $14.35 in cash for each share of HireRight that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company....
May 12, 2024 22:26 ET
WHOLE EARTH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Whole Earth Brands, Inc. - FREE
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Whole Earth Brands, Inc. (NasdaqCM: FREE) to affiliates of Sababa Holdings FREE, LLC. Under the terms of the proposed transaction, shareholders of Whole Earth will receive $4.875 in cash for each share of Whole Earth that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company....
May 12, 2024 22:20 ET
EVERI HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Everi Holdings Inc. - EVRI
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Everi Holdings Inc. (NYSE: EVRI) with International Game Technology PLC’s (NYSE: IGT) Global Gaming and PlayDigital businesses. Under the terms of the proposed transaction, Everi shareholders are expected to own approximately 46% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company....
May 12, 2024 22:19 ET
DISCOVER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Discover Financial Services - DFS
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF). Under the terms of the proposed transaction, shareholders of Discover will receive 1.0192 shares of Capital One for each share of Discover that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company....