Thursday, September 23

BW

Business Wire News Releases, BW, PMN Press Releases

Aurinia Prices US$200 Million Public Offering of Common Shares

Article content continuedThe Company intends to use the net proceeds of the Offering for pre-commercialization and launch activities, research and development, as well as working capital and general corporate purposes.The Offering is subject to customary closing conditions, including NASDAQ and TSX approvals. For the purposes of the TSX approval, the Company intends to rely on the exemption set forth in Section 602.1 of the TSX Company Manual, which provides that the TSX will not apply its standards to certain transactions involving eligible interlisted issuers on a recognized exchange, such as NASDAQ.The Offering is being made pursuant to a US registration statement on Form F-10, declared effective by the US Securities and Exchange Commission (the “SEC”) on June 19, 2020 (the “Registra...
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Facedrive Inc. Announces Closing of Non-Brokered Private Placement

Article contentThis Press Release Is Not for Distribution in the United States or to US News AgenciesTORONTO — Facedrive Inc. (“Facedrive” or the “Company”) (TSXV:FD) today announces that it has closed its third and final tranche of its non-brokered private placement for 99,174 common shares of the Company (the “Common Shares ”) at a price of $9.00 per Common Share for aggregate gross proceeds of $892,566. All Common Shares issued in the Offering are subject to a hold period expiring four months and a day from their date of issuance in accordance with applicable securities laws.The third tranche closing is part of a larger non-brokered private placement transaction (the “Offering”) under which the Company issued 1,111,111 Common Shares for total gross proceeds of $9,999,999. The offerin...
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ExaGrid Sets Record Straight on Dell’s Positioning of ExaGrid’s Backup Storage Technology

Article contentMARLBOROUGH, Mass. — ExaGrid®, the leading provider of Tiered Backup Storage, today set the record straight around its offering that competes with Dell EMC Data Domain deduplication appliances. In a recent presentation to the reseller channel, Dell discussed the ExaGrid backup storage line product line, and some of the information presented was either outdated or inaccurate according to ExaGrid. While ExaGrid respects Dell's professionalism and technical proficiency, some statements were not in line with what ExaGrid offers.Here are 8 notable corrections:– ExaGrid's unique Adaptive Deduplication process provides deduplication in parallel with backups resulting in backups that are three times faster than other solutions, and is not post-process.– An ExaGrid system can scal...
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ABB to Launch Share Buyback Program

Article contentZURICH, Switzerland — Following the completion of the divestment of its Power Grids business to Hitachi on July 1, 2020, and consistent with its overall capital structure optimization program, ABB will launch its previously announced share buyback program on July 23, 2020.As part of its plan to return to shareholders net cash proceeds of $7.6–7.8 billion from the sale of Power Grids ABB initially intends to buy 10 percent1 of its issued share capital through this share buyback program. ABB will purchase a maximum of 180 million shares, in addition to those already held in treasury. The corresponding maximum buyback amount of CHF 4.2 billion for this program is based on ABB's share price on July 21, 2020. The maximum number of shares that may be repurchased under the progr...
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Aurinia Announces US Food and Drug Administration Acceptance of the Filing of New Drug Application and Priority Review for Voclosporin for the Treatment of Lupus Nephritis

Article content continuedCertain statements made in this press release may constitute forward-looking information within the meaning of applicable Canadian securities law and forward-looking statements within the meaning of applicable United States securities law. These forward-looking statements or information include but are not limited to statements , information or public presentations with respect to: voclosporin being a potential treatment for LN; a PDUFA target action date of January 22, 2021; that we will continue to collaborate with the FDA during their review process and in parallel build our commercial readiness for a potential approval and commercial launch in the first quarter of 2021; voclosporin being potentially a best-in-class CNI; Aurinia's anticipation that upon regul...
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Greenbrook TMS Announces Dates for Its Second Quarter 2020 Financial Results

Article contentTORONTO — Greenbrook TMS Inc. (TSX: GTMS) ("Greenbrook"Or the"Company”), will release its second quarter 2020 operational and financial results after market hours on August 4, 2020.Second Quarter 2020 Conference Call Details:Bill Leonard, President and Chief Executive Officer and Erns Loubser, Chief Financial Officer will host a conference call at 10:00 am (Eastern Time) on August 5, 2020 to discuss the financial results for the quarter.Dial in Numbers:Toll Free North America: (866) 521-4909 Toronto: (647) 427-2311Webcast:For more information or to listen to the call via webcast, please visit: www.greenbrooktms.com/investors/events.htmFor those that plan on accessing the conference call or webcast, please allow ample time prior to the call time.Conference Call Replay:Toll...
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Cybin Corp. Announces Proposed Management Team and Board of Directors of the Resulting Issuer

Article contentNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO — Cybin Corp. ("Cybin"Or the"Company”), a private psilocybin and nutraceutical company is pleased to announce the proposed management team and board of directors of the issuer (the “Resulting Issuer”) resulting from the proposed reverse takeover (the “Proposed Transaction”) of Clarmin Explorations Inc. (TSX.V: CX) (“Clarmin”), a Tier 2 mining issuer listed on the TSX Venture Exchange (the “TSXV”).The following is a brief biography of the proposed executive officers and directors of the Resulting Issuer.Paul Glavine, Director and Chief Executive OfficerPaul Glavine is a Co-founder and Chief Executive Officer of Cybin. He is a serial entrepreneur and investor with vast e...
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Reveal Group Becomes Only UiPath Partner to Achieve USN Certifications Across Multiple Geographies

Article contentNEW YORK & SYDNEY — Reveal Group, a global leader in Robotic Process Automation (RPA) and Intelligent Automation, today announced that it has been recognized as a UiPath Service Network (USN) partner – the first to have achieved such status across multiple geographies. To be recognised as an USN Partner , Reveal Group met UiPath's rigorous requirements, demonstrating excellence in client support and delivery quality and achieving large-scale deployments of active software robots in production for leading organizations across USA, Canada, Australia, and New Zealand.This USN Partner status comes on the tail of Reveal Group's recognition as a global Gold Tier partner and is testament to the demand for their Intelligent Automation expertise.“Being the first Globally Certified...
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Spectra7 Announces Change to CFO

Article content continuedCAUTIONARY NOTESCertain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, the Company's strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “ estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not...
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Ingram Micro Cloud Marketplace Surpasses 10 Million Managed Seats; Notches 100% Year-Over-Year Increase

Article contentWorld's largest marketplace of cloud solutions and services for the channel available in over 60 countriesIRVINE, Calif. — Ingram Micro Cloud announced today that it has surpassed 10 million managed seats on its Ingram Micro Cloud Marketplace, the premier source for innovative cloud services and solutions. The milestone represents a 100 percent increase over the prior year.Since launching Cloud Marketplace in 2009, Ingram Micro Cloud has invested over $600 Million in developing and acquiring technologies to help organizations throughout the world successfully manage their digital transformation. The fast-paced growth extends beyond the United States into countries like India, Brazil, Spain , Germany, Chile, and other high-performing regions.Ingram Micro Cloud continually ...