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Singular Genomics Announces Closing of Acquisition by Deerfield Management - ForexTV
SAN DIEGO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, announced today the closing of its acquisition by an affiliate of Deerfield Management Company, L.P. On December 23, 2024, Singular Genomics announced that Deerfield had signed a definitive agreement to acquire all of the outstanding shares of Singular Genomics common stock not currently owned by Deerfield for $20.00 per share in cash. Following the satisfaction of customary conditions, including a vote of the holders of Singular Genomics’ common stock to approve the transaction, which occurred on February 19, 2025, the transaction has now closed. Effective as of closing, Singular Genomics now operates as a private company, which the Singular Board of Directors believes will provide the Company with greater flexibility to continue advancing its business strategy. Trading of Singular Genomics’ common stock has been suspended on Nasdaq and Singular Genomics has requested that its common stock be delisted from Nasdaq. Pursuant to the transaction, Josh Stahl has been appointed to lead Singular Genomics as Chief Executive Officer and will join the company’s Board of Directors. Jason Myers will also join the Board. Drew Spaventa, co-founder of Singular Genomics and the company’s previous Chief Executive Officer and Chairman, will continue to serve on the Board and assume an additional role as special advisor to the CEO. “We are pleased to support Singular Genomics during this important transition,” said Andrew ElBardissi, M.D., Partner at Deerfield. “We look forward to this new direction for the company and its technology as Singular continues its work to provide physicians and scientists with crucial sequencing and multiomics information.” AdvisorsTD Securities and Houlihan Lokey served as financial advisors to the Special Committee of the Singular Genomics Board of Directors, Gunderson Dettmer, LLP served as legal advisor to Singular Genomics, and Richards, Layton & Finger, P.A. served as counsel to the Special Committee of the Singular Genomics Board of Directors. Katten Muchin Rosenman LLP served as legal advisor to Deerfield. About Singular Singular Genomics is a life science technology company that develops next-generation sequencing and multiomics technologies. The commercially available G4® Sequencing Platform is a powerful, highly versatile benchtop genomic sequencer designed to produce fast and accurate results. In addition, the Company is currently developing the G4X™ Spatial Sequencer, which will leverage its proprietary sequencing technology, applying it as an in situ readout for transcriptomics, proteomics and fluorescent H&E in tissue, with spatial context and on the same platform as the G4. Singular Genomics’ mission is to empower researchers and clinicians to advance science and medicine. Visit www.singulargenomics.com for more information. About DeerfieldDeerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy. The firm works across the healthcare ecosystem to connect people, capital, ideas and technology in bold, collaborative and inclusive ways. For more information, visit www.deerfield.com. Forward-looking StatementsCertain statements contained in this press release, other than historical information, constitute forward-looking statements within the meaning of the federal securities laws. In some cases, forward-looking statements can be identified by terms such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “foresees,” “forecasts,” “guidance,” “intends” “goals,” “may,” “might,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “targets,” “will,” “would” or similar expressions and the negatives of those terms. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Further information on these and additional risks that could affect Singular Genomics’ results is included in its filings with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and future reports that Singular Genomics may file with the SEC from time to time, which could cause actual results to vary from expectations. Any forward-looking statement made by Singular Genomics in this press release speaks only as of the day on which Singular Genomics makes it. Singular Genomics assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release. Investor ContactPhilip Trip TaylorGilmartin Groupir@singulargenomics.com Media ContactMatt Browningpr@singulargenomics.com
Correction: Aino Health year-end report January-December 2024 - ForexTV
Correction: The reason for the correction is that the previous mailing did not contain the attached report. This document in English is a translation of the original in Swedish. In case of any discrepancy, the Swedish original will prevail. Aino reveals the root causes for absence at work October - December 2024 Net sales were KSEK 6 000 (6 313)Profit/loss after financial items was KSEK -3 451 (-3 851)Earnings per share were SEK -0,0 (-0,0) January – December 2024 Net sales were KSEK 23 941 (23 918)Profit/loss after financial items was KSEK -9 915 (-10 661)Earnings per share were SEK-0,1 (-0,2) SEK Stable demand and new customer partnershipsDuring the fourth quarter, we continued to grow through new business and deeper partnerships. We see a particularly positive development in the Finnish market, where our partnerships with both public and private organisations continue. During the quarter, three public sector organisations chose to implement our SaaS platform, which strengthens our position in the public sector. Greater focus on global customersWe see a clear trend where more and more international companies want to scale up their efforts for work ability, employee health and social sustainability. During the quarter, we continued our efforts to broaden the use of our SaaS solution by our global customers, from local initiatives to multi-country and multi-business solutions. The positive impact of our services is also highlighted in customer testimonials from, for example, ArcelorMittal and Adecco Group, which are available on our website. Further development of root cause analysisDuring the quarter, we continued to develop our root cause analysis of sickness absence and work environment problems. These insights enable us to fine-tune our solutions and provide clients with a better strategic basis for decision-making to actively work on strengthening employee health and reducing sickness absence. Financial situationThe number of users remained unchanged during the quarter, but we expect an increase in the first quarter of 2025. We expect the liquidity situation to improve, driven by the implementation of new contracts and continued demand. With more new customers, a more data-driven service and a clear expansion strategy, we see good opportunities to increase sales, strengthen cash flow and improve earnings during the year.We look forward to a continued productive year in which we broaden our customer relationships, further develop our SaaS and create clear business benefits for our customers. For more informationJyrki EklundCEO Aino HealthPhone: +358 40 042 4221jyrki.eklund@ainohealth.com Certified adviserCarnegie Investment Bank AB (publ)For more information see: https://investors.ainohealth.com/certified-adviser/ About Aino Health (publ)Aino Health is the leading provider of Software as a Service solutions in Corporate Health Management.The company’s complete system of SaaS platforms and services reduces sick leave, lowers related costs and improves business outcomes through increased productivity and employee engagement by making health, well-being and safety an integral part of daily work. For more information visit ainohealth.com. Link to the reporthttps://investors.ainohealth.com/rapporter-och-dokument/ Attachment Aino_Q4_2024_ENG_Final
Invitation to Tallinna Sadam Investor Conference Webinar for the unaudited results of Q4 2024 - ForexTV
AS Tallinna Sadam invites all the stakeholders to join its investor conference webinar, introducing the unaudited results for Q4 2024. The webinar is scheduled for 28 February 2025. The webinars will be held on Microsoft Teams platform in two languages: Webinar in Estonian starting 10.00 (EET), please use this link to join Webinar in English starting 11.00 (EET), please use this link to join The Chairman of the Management Board Valdo Kalm and Member of the Management Board/CFO Andrus Ait will be presenting the results and answering the questions. The questions will be answered after the presentation. Due to limited webinar time, we encourage participants to send their questions beforehand to e-mail: investor@ts.ee. The recording of the webinar will be available at the company’s web page: https://www.ts.ee/en/. Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping business via its subsidiaries – OÜ TS Laevad provides ferry services between the Estonian mainland and the largest islands, and OÜ TS Shipping charters its multifunctional vessel Botnica for icebreaking and offshore services in Estonia and projects abroad. Tallinna Sadam group is also a shareholder of an associate AS Green Marine, which provides waste management services. Additional information: Angelika AnnusHead of Investor RelationsTel +372 5649 6230angelika.annus@ts.ee
Breaking News: Mike Lindell Will Take the Stage at CPAC at 10:15 A.M. E.T. at CPAC - FRANKSPEECH NETWORK, INC further known as Mike Lindell Media Corp. (OTC Pink “FSBN”) and Many Other Headlines. - ForexTV
In an Age of Slanted News, Mike Lindell, Cara Castronuova, Alison Steinberg, Vanessa Broussard and Nikki Stanzione Bring a Team that Covers News Unlike Any Other With Truth, Integrity, and Faith as they Help Bring America Back on Track. After years of being an initiative to get the President elected and save our country, this year is turning out to be a celebration and victory lap!Washington, D.C., Feb. 21, 2025 (GLOBE NEWSWIRE) -- FrankSpeech Network, Inc (“FSBN”), which is currently being rebranded as Mike Lindell Media Corp., enters today's CPAC event with various interviews slated. Mike Lindell will be speaking at CPAC today at 10:15 E.T. -- You do not want to miss what Mike Lindell has to say. TV Personalities Alison Steinberg, Cara Castronuova, Nikki Stanzione, and Vanessa Broussard will join Mike Lindell and the team at CPAC as they enter the last 2 days of the event with great guests as they help bring America back on track. Today's line-up is sure to please and the Company will provide wall to wall media coverage. Be sure to tune into LindellTV.com for all the news and events. Here are a few of today's top headlines. The Network congratulates Kash Patel on his recent appointment as FBI Director. President Trump is expected to be at CPAC. Will the President speak? Sources indicated yes. The President has indicated that he will find the gold at Ft. Knox. (Assuming it's there.) There have been a lot of foreign shipments of gold enetering the U.S. DOGE made an appearance at CPAC yesterday in the form of Elon Musk armed with a chainsaw as he is saving money almost as fast as politicians can spend it. It's rumored that Mike Lindell and Vanessa Broussard will start their TV show on Monday, February 24, 2025 on LindellTV.com Guest Editorial: After years of being an initiative to get the President elected and save our country, this year is turning out to be a celebration and victory lap! There is still much work to be done. Today we ask the question what has happened to the Democrat party? It's in meltdown mode. Even Democratic Senators are melting like snowflakes on a hot day in front of crowds smaller than a Biden/Harris rally. Sometimes drawing only themselves and a few news media to such an event. Have Senators lost touch with their voters or just lost their minds? While we would never purposely do anything to help the Democrat party be more competitive, we should help them end the pity party many of them have been recently attending for the last month. Nevertheless, many realize they are the party which is barely on life support. They are the party who supports death...please tell us how that's working out. America needs a two-party system. We wish them no ill will. We just want to see them come back to "common sense." After all, it's one of the many things that got President Trump elected. President Trump chose to make America Great Again. What's so bad about that? Peace, Safety, Properity? Is that such a bad thing? Common sense. We are all humans whether we call ourselves Democrat, Independent or Republican. What happened back in the days where people got together and just took one another for face value and we cared and listened to what that person had to say? When we stop to help someone do we say, are you a Republican or a Democrat? Do we choose our friends by their political stripe? We encourage everyone to help their Democrat friends and neighbors to stop it with the political suicide and embrace "common sense." Stop smoking the legacy media weed! Many Democrats voted for President Trump because they didn't really have a viable choice on the other side. Let's face it, would you rather be led by a successful bsinessman or a politician. A net worth of Billions or a 37 Trillion Dollar deficit? Common sense. We urge everyone to consider these facts. Too many on that side allowed the rabid legacy media a/k/a/ mainstream media to jam a false narrative of their already fleeting viewers and listeners down their throats. People of all political persuasions have something in common and that is we are all human beings (some people might debate that) and most people have common sense (most but not all) ” Who purposely steps off the curb to be hit by a bus because they don't like who got elected. If you want to sterilize yourself because you don't like who was elected that's your business but somewhere down the way, that move will be regretable. Greg Martin - President and COO said, "Don't blame this article on Mike Lindell. He's way too busy at CPAC. The world is a better place when we treat people they way we want to be treated. Unity versus division, love versus hate, cling to what is good, abhor that which is evil. England Dan and John Ford Coley wrote a song called "Love is the Answer." Jesus too said that Love is the Answer, so why not try that the next time you want to light someone up on social media who doesn't think like you. Then do what one of Mike Lindell's favorite musical artists Bob Segar did when he performed that song, "Turn the Page." Common Sense, right?" So turn the page and have a great weekend and visit CPAC. Love one another, let's all try it! FSBN LindellTV Chairman and Chief Executive Officer Mike Lindell stated, "Let's treat everyone with love and respect. God calls us to do so and the world becomes a better place when we do. The Bible tells us to, "Love one another." "Love your neighbor as you love yourself." "Love does no harm." I'll see you at CPAC where I will be speaking at 10:15 A.M. Eastern." ABOUT FRANKSPEECH NETWORK, INC. further known as MIKE LINDELL MEDIA CORP. (“FSBN”) and LindellTV provides accurate, unbiased and timely reporting without interference of slanted legacy media, biased corporate decision makers and other politically motivated newsmakers and influencers who do not accurately report the news. FSBN and LindellTV with its expanded news coverage and breaking news reporting will continue to be a major contributor in media the next four years and beyond at the White House, especially under the Trump Administration. The Company will be reporting from Washington, D.C., inside and outside the White House and covering the USA. FSBN is a public company quoted on the OTC Markets (OTC: Pink Market) FrankSpeech (now LindellTV), is a major broadcast platform founded by Mike Lindell in April 2021. FSBN provides a superior First-Amendment-friendly alternative to highly censored Big Tech options. In just a few short years, FrankSpeech has grown to serve over 7 million monthly viewers on its various channels. GET VOCL! VOCL isn’t just a new name; it represents a significant leap forward in our commitment to fostering free speech and vibrant community engagement. It’s time to Get VOCL! On VOCL, your voice makes the difference! With the launch of VOCLSocial, users can anticipate the same trusted platform they have come to value, enhanced with a suite of exciting new features designed to elevate your social media experience: Visit www.LindellTV.com to learn more. Media Contact: MIKE LINDELL www.LindellTV.com investor@fsbn.com Forward Looking Statements: This press release contains forward looking statements, including statements related to the business, operations and future plans of FSBN and Mike Lindell Media Corp within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, that involve substantial risks and uncertainties. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management and expected market growth are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. FSBN believes that its primary risk factors include, but are not limited to its limited capital resources and its need for substantial financing; the need to develop effective internal process and system; changes in the overall economy; changes in technology, the number and size of competitors and the mix of products and services offered in its markets; and changes in the law and regulatory policy. Additionally, certain information included in this communication contains statements that are forward- looking, such as statements relating to the future anticipated direction of the media industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. These risks include, among others, risks associated with unproven sales derived from the Company’s programming, risks associated with the media and communications industry, global or domestic terrorism, energy or power failure, and the risks related to the transition to a new management team.