AUSTIN: In order to facilitate hemp farmers, Santé Laboratories has entered into an alliance with Lone Star Overnight (LSO) to transport hemp crops, free, from anywhere in the state of Texas right to the laboratory’s doorstep in Austin. This partnership provides a more affordable and reliable pathway for farmers throughout Texas who are muddling their…
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Bragg Gaming Group signs $12.5 million bought deal public offering
TORONTO: A syndicate of underwriters co-led by Cormark Securities Inc. and Canaccord Genuity Corp. has agreed to purchase 17.86 units from the treasury of Bragg Gaming Group Inc., at a price of $0.70 per unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $12.5 million….
Bombardier announces closing date, amended terms for sale of Aerostructures Business to Spirit
MONTREAL: Bombardier has entered into an amended definitive agreement to sell its aerostructures business to Spirit AeroSystems Holding Inc., supporting Bombardier’s strategic decision to reposition itself as a pure-play business aircraft company. This transaction is set to close on October 30, 2020 as all closing conditions have been met, a news release noted. Under the…
Growing demand of data centre and cloud services in Western Canada
KAMLOOPS: Leading technology solutions provider FuseForward and private funding firm Old Kent Road Financial (OKR), announced the creation of CanShield Solutions, a joint venture designed to meet the growing demand in data centre and cloud services in Western Canada. CanShield Solutions, formerly operating under Canadian Shield Data Center, will focus on providing a full suite…
Western European countries lead in 5G share of smartphone sales
BOSTON: According to the latest research from Strategy Analytics, three Western European nations including Switzerland, Germany and UK are leaders in terms of 5G as a proportion of total smartphone sales in 2020. Ville-Petteri Ukonaho, Associate Director at Strategy Analytics, said, “In terms of sheer volumes China and the USA lead in 5G smartphone sales….
Williamsburg Winery in Virginia put on sale for $40 million
WILLIAMSBURG: The Williamsburg Winery Ltd. is available for sale at a price of $40 million through Virginia Estates, the foremost vineyard and winery brokerage on the East Coast. “This represents a once in a multi-generational opportunity to acquire an iconic, well-established, internationally acclaimed hospitality business with strong brand recognition,” said Rick Walden of Virginia Estates,…
U.S. FDA approves Gilead’s antiviral Veklury (remdesivir) for treatment of COVID-19
FOSTER CITY: Gilead Sciences, Inc. today announced that the U.S. Food and Drug Administration (FDA) has approved the antiviral drug Veklury (remdesivir) for the treatment of patients with COVID-19 requiring hospitalization. As an antiviral drug, Veklury works to stop replication of SARS-CoV-2, the virus that causes COVID-19. Previously authorized by the FDA for emergency use…
Tekkorp Digital Acquisition Corp. announces pricing of $250 million initial public offering
LAS VEGAS: Tekkorp Digital Acquisition Corp. announced the pricing of its initial public offering of 25 million units at a price of $10 per unit. The units will be listed on The Nasdaq Capital Marketand will begin trading tomorrow, Thursday, October 22, 2020, under the ticker symbol “TEKKU”. Each unit consists of one Class A…
Cloudbreak Health Announces Telehealth Integration with Oneview Healthcare
COLUMBUS: Cloudbreak Health, a leading unified telemedicine and video medical interpretation solutions provider, announced a new partnership with Oneview Healthcare, a healthcare technology company bringing digital services to the point of care. The partnership enables Martti, Cloudbreak’s video remote interpretation (VRI) services, within Oneview’s virtual care platform to offer patients and providers an integrated solution…
Global Digital Asset and Cryptocurrency Association (Global DCA) officially launches
CHICAGO: The Global Digital Asset and Cryptocurrency Association (Global DCA) was established to guide the evolution of digital assets and cryptocurrency within a regulatory framework designed to build public trust, foster market integrity and maximize economic opportunity for all participants. The emergence of digital assets, cryptocurrencies, and their underlying blockchain technology is rapidly transforming the…
BreathTech and Cleveland Clinic partner to develop a rapid COVID-19 breath test
AUSTIN: Astrotech Corporation’s subsidiary, BreathTech Corporation has signed a joint development agreement (JDA) with Cleveland Clinic to explore leveraging Astrotech’s BreathTest-1000 mass spectrometer to rapidly screen for COVID-19 or related indicators. The goal of the agreement is to develop a non-invasive device that will use breath samples to identify COVID-19 strains, with the potential to…
Electrochaea GmbH all set to launch clean renewable methane technology in North America
SACRAMENTO: Electrochaea GmbH has established a Sacramento-based U.S. subsidiary, Electrochaea Corporation, to accelerate the commercial roll-out of its renewable methane technology in North America. The company offers a climate-friendly solution to store renewable electricity and recycle CO2 in the form of renewable methane. This technology is a major advancement toward the critical goal of transitioning…