Securities & Exchange Commission of Pakistan

Fanhua Announces the Launch of Its Open Platform

Retrieved on: 
Thursday, November 24, 2022

GUANGZHOU, China, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the official launch of its open platform (the Open Platform) aiming to empower independent insurance agencies and agents on the market.

Key Points: 
  • GUANGZHOU, China, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Fanhua Inc. (Fanhua or the Company) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the official launch of its open platform (the Open Platform) aiming to empower independent insurance agencies and agents on the market.
  • Mr. Hu Yinan, Chairman and CEO of Fanhua, commented on the launch of the Open Platform, Chinas life insurance industry is at a stage of profound transformation.
  • Fanhua has been adhering to the professional back office platform + individual entrepreneurship operation model since its inception.
  • After 24 years of development, we have forged a strong open platform with comprehensive infrastructure.

Global Star Acquisition Inc. Announces Receipt of NASDAQ Continued Listing Standard Notice

Retrieved on: 
Wednesday, November 23, 2022

The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC.

Key Points: 
  • The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC.
  • In connection with the foregoing, on November 22, 2022, the Company received such letter from NASDAQ.
  • About Global Star Acquisition Inc.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

PacWest Bancorp Announces Leadership Transitions

Retrieved on: 
Monday, November 21, 2022

LOS ANGELES, Nov. 21, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) and Pacific Western Bank (the “Bank”), as part of their previously disclosed leadership transition plan, today announced the following changes to the Company’s Board of Directors (the “Board”) and executive team.

Key Points: 
  • Mr. Eggemeyer added, We are grateful for Matts more than two decades of leadership as CEO of PacWest.
  • Paul W. Taylor is President and a Director of PacWest Bancorp and has over 35 years of experience in the banking industry.
  • PacWest Bancorp is a bank holding company with over $41 billion in assets.
  • For more information about PacWest Bancorp or Pacific Western Bank, visit www.pacwest.com.

Cognition Therapeutics Launches Neuroscience Thought Leader Conversations Podcast/Webinar Series

Retrieved on: 
Monday, November 21, 2022

PURCHASE, N.Y., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc. , (Nasdaq: CGTX), (the Company or Cognition) has introduced a new podcast/webinar series named Conversations, that will feature virtual fireside chats with neuroscience experts to discuss advances in the research and treatment of Alzheimers disease, dementia with Lewy bodies (DLB), and other age-related neurodegenerative conditions.

Key Points: 
  • PURCHASE, N.Y., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc. , (Nasdaq: CGTX), (the Company or Cognition) has introduced a new podcast/webinar series named Conversations, that will feature virtual fireside chats with neuroscience experts to discuss advances in the research and treatment of Alzheimers disease, dementia with Lewy bodies (DLB), and other age-related neurodegenerative conditions.
  • Cognition Therapeutics invites researchers to listen in on this and future Conversations at www.cogrx.com/conversations and learn more about the most common dementia, no one has heard of.
  • Cognition Therapeutics, Inc. is a clinical-stage biopharmaceutical company engaged in the discovery and development of innovative, small molecule therapeutics targeting age-related degenerative disorders of the central nervous system and retina.
  • More about Cognition Therapeutics and its pipeline can be found at https://cogrx.com/
    This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995.

Apple Spotlights LIZHI’s Flagship Interactive Audio Platform in App Store

Retrieved on: 
Thursday, November 17, 2022

GUANGZHOU, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the Company) (NASDAQ: LIZI), an audio-based social and entertainment company, is excited to announce that its flagship interactive audio entertainment platform, the LIZHI App, has been spotlighted as a featured app in the Apple App Store.

Key Points: 
  • GUANGZHOU, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the Company) (NASDAQ: LIZI), an audio-based social and entertainment company, is excited to announce that its flagship interactive audio entertainment platform, the LIZHI App, has been spotlighted as a featured app in the Apple App Store.
  • This marks the second time an app by LIZHI has been recommended on Apples App Store; previously, the LIZHI Podcast App (also known as LIZHI BOKE in Chinese) was featured.
  • This is a stamp of approval for our high-engagement audio and interactive entertainment LIZHI App and its communities, shared Mr. Zelong Li, Chief Operating Officer of LIZHI.
  • The LIZHI App is Chinas leading user-generated content audio community, audio interactive entertainment platform, and online audio platform.

Capital Southwest Increases Credit Facility to $400 million

Retrieved on: 
Wednesday, November 16, 2022

DALLAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Capital Southwest) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to its senior secured revolving credit facility (the Credit Facility).

Key Points: 
  • DALLAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Capital Southwest) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to its senior secured revolving credit facility (the Credit Facility).
  • The Credit Facility was increased under the existing accordion feature by $20 million, bringing the total commitments from $380 million to $400 million.
  • Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $35 million investments across the capital structure, including first lien, second lien and non-control equity co-investments.
  • This press release contains historical information and forward-looking statements with respect to the business and investments of Capital Southwest.

Flushing Bank Leases New Brooklyn Location in Bensonhurst

Retrieved on: 
Tuesday, November 15, 2022

UNIONDALE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the Bank), today announced it has leased a new location at 8616 21st Avenue, Brooklyn, NY.

Key Points: 
  • UNIONDALE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the Bank), today announced it has leased a new location at 8616 21st Avenue, Brooklyn, NY.
  • The Bank plans to open this new, full-service branch location in the first half of 2023.
  • John R. Buran stated, This new Brooklyn location enables us to expand our presence in to continue to serve the needs of this vibrant and diverse community.
  • Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank, an FDIC insured, New York Statechartered commercial bank that operates banking offices in Queens, Brooklyn, Manhattan, and on Long Island.

CUBCRAFTERS ACHIEVES SECURITIES AND EXCHANGE COMMISSION QUALIFICATION

Retrieved on: 
Tuesday, November 15, 2022

In just 90 days, we received reservations for more than $25 million of CubCrafters shares, said Patrick Horgan, CubCrafters president & CEO.

Key Points: 
  • In just 90 days, we received reservations for more than $25 million of CubCrafters shares, said Patrick Horgan, CubCrafters president & CEO.
  • The high demand for CubCrafters aircraft has resulted in a more than 2-year backlog of orders.
  • While many US-based general aviation aircraft manufacturers have been sold to foreign entities, CubCrafters intends to remain American owned and operated.
  • * "I am truly excited to be a part of this capital raise designed to scale up CubCrafters' future success."

InterCure Announces Record Breaking Third Quarter Financial Results with 63% growth YOY and 6% QoQ growth

Retrieved on: 
Tuesday, November 15, 2022

InterCure (dba Canndoc) (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) is the leading, profitable, and fastest growing cannabis company outside of North America.

Key Points: 
  • InterCure (dba Canndoc) (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) is the leading, profitable, and fastest growing cannabis company outside of North America.
  • Canndoc, a wholly owned subsidiary of InterCure, is Israels largest licensed cannabis producer and one of the first to offer Good Manufacturing Practices (GMP) certified and pharmaceutical-grade medical cannabis products.
  • InterCure uses this measure because it believes it provides useful information to both management and investors with respect to the operating and financial performance of the company.
  • Company executives are going to participate at the MJBIZ conference in Las Vegas, Investor and companies representatives are welcome to schedule a meeting.

HowGood Launches Scope 3 Emissions Reporting for Food Brands Globally

Retrieved on: 
Tuesday, November 15, 2022

STONE RIDGE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- HowGood , an independent research company with the worlds largest ingredient sustainability database, today announced the release of its new Scope 3 Emissions Reporting feature for CPG food brands and foodservice companies to meet the growing demands of ESG reporting.

Key Points: 
  • STONE RIDGE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- HowGood , an independent research company with the worlds largest ingredient sustainability database, today announced the release of its new Scope 3 Emissions Reporting feature for CPG food brands and foodservice companies to meet the growing demands of ESG reporting.
  • The new feature will allow organizations in the food industry to accurately measure and report on their Scope 3 greenhouse gas emissions (GHGe), the indirect emissions produced in the upstream agricultural supply chain.
  • With nearly 87% of a food companys GHG emissions in the Scope 3 category, CPG food brands and foodservice companies can face unique challenges in gathering the needed data from their various suppliers to provide an accurate report.
  • Scope 3 Reporting for CPG food brands and foodservice companies is available now, with capabilities for retailers and suppliers to follow in the first quarter of 2023.