Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Basilea announces closing of previously announced transaction regarding divestment of its .
Basilea Pharmaceutica AGApril 1, 2021 GMT
Basel, Switzerland, April 01, 2021
Basilea Pharmaceutica Ltd. (SIX: BSLN) today announced the successful closing of the previously announced divestment of its Chinese research and development (R&D) subsidiary Basilea Pharmaceutica China Ltd. (“BPC”) to the U.S.-based custom manufacturing organization PHT International Inc. (“PHT”) for a total consideration of USD 6.3 million. Basilea has received the initial payment of USD 2.5 million and is entitled to receive additional payments of USD 3.8 million over the course of the next three years. All 72 employees of BPC and the facilities have been transferred to PHT. PHT continues to provide R&D services to Basilea through the existing site in China.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer
April 1, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Apr 1, 2021
Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Fay West as the Company’s Senior Vice President and Chief Financial Officer, effective April 15. Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Banning Contracting Services Announces Planned Merger as Infrastructure Services Experts with Tribally Owned Kaiva Services, LLC
April 1, 2021 GMT
IVINS, Utah (BUSINESS WIRE) Apr 1, 2021
Service-Disabled Veteran-Owned Small Business (SDVOSB),Banning Contracting Services, Inc., has announced today that it has merged with Kaiva Services, LLC, a Tribal 8(a) organization. This transaction expands the existing offerings of Kaiva Services to a suite of Low-Voltage Infrastructure services.
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(Graphic: Business Wire)
“Banning joins Kaiva as an extremely valuable asset with a portfolio of great success and respect through their talented team and capabilities in the low-voltage infrastructure sector,” said Cameron Echo Hawk, CEO of Kaiva Services. “Their targeted service offerings and client base are an exciting addition to our organization and will greatly accelerate the fo
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Smart Share Global Limited Announces Pricing of Initial Public Offering
Energy MonsterApril 1, 2021 GMT
SHANGHAI, China, April 01, 2021 (GLOBE NEWSWIRE) Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the pricing of its initial public offering (“IPO”) of 17,650,000 American Depositary Shares (“ADSs”) at a public offering price of $8.50 per share. The aggregate offering size of the IPO is approximately $150.0 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “EM” on April 1, 2021. The offering is expected to close on April 6, 2021, subject to customary closing conditions.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Somavedic Celebrates 10th Anniversary with New Product and Company Milestones
April 1, 2021 GMT
Somavedic launches Somavedic Medic Sky, a powerful frequency therapy device for EMF radiation protection. (Photo: Business Wire)
Somavedic launches Somavedic Medic Sky, a powerful frequency therapy device for EMF radiation protection. (Photo: Business Wire)
SAN FRANCISCO & PRAGUE (BUSINESS WIRE) Apr 1, 2021
Somavedic Technologies, a pioneer in frequency therapy devices, today announced major company milestones including the release of Somavedic Medic Sky, its newest top-of-the-range frequency therapy device that eliminates the negative effects of electromagnetic fields (EMF), geopathic stress, and technology pollution on one’s body. Since its launch in 2011, Somavedic has sold more than 50,000 devices in 42 countries.