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NeuBase Therapeutics Announces Pricing of $40 Million Public Offering of Common Stock


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PITTSBURGH, April 22, 2021 (GLOBE NEWSWIRE) NeuBase Therapeutics, Inc. (Nasdaq: NBSE) (“NeuBase”), a biotechnology company accelerating the genetic revolution with a new class of precision genetic medicines, announced today the pricing of an underwritten public offering of 8,000,000 shares of its common stock, at a price to the public of $5.00 per share. The gross proceeds to NeuBase from the offering, before deducting the underwriting discounts and commissions and offering expenses payable by NeuBase, are expected to be approximately $40 million, excluding any exercise of the underwriters’ option to purchase additional shares of common stock. In addition, NeuBase has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of its common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments, if any. All of the shares of common stock in the offering are b ....

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Omega Flex, Inc. Announces First Quarter 2021 Earnings


Omega Flex, Inc. Announces First Quarter 2021 Earnings
EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE)
 
 
 
 
 
 
Kevin R. Hoben, Chairman and CEO, announced that the Company’s Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the first quarter of last year, increasing $5,597,000 or 22.2%. Net Income was $6,267,000 for the first three months of 2021 versus $4,344,000 during the same period last year, increasing $1,923,000 or 44.3%.   In contrast to the first quarter of last year which was impeded by the pandemic, the first quarter of 2021 reflects the Company’s best first quarter on record.
INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of Omega Flex to control. Certain statements in this news release constitute forward-looking sta ....

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