Day: May 12, 2023

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $585 million loan to Five Star Development for the completion of The Ritz-Carlton Paradise Valley, The Palmeraie and The Palmeraie, a mixed-use, ultra-luxury retail, dining and residential development in Paradise Valley, Arizona as well as a portfolio of assets. The loan will be used to finish construction of The Ritz-Carlton Resort and Residences in Paradise Valley at The Palmeraie, which is already 80% completed.

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “We are pleased to provide a flexible financing solution for Five Star Development, who has significant experience developing luxury properties in the southwestern United States. This is one of the most impressive undertakings of a luxury master-planned community on the West Coast. Five Star Development has completely presold each of the masterfully designed Villas and nearly half of the Estate Homes. The Ritz-Carlton is one of the world’s most iconic luxury brands and this development is catered for the affluent and desirable Scottsdale market, which is consistently ranked as one of the best places to live in the U.S.”

Spanning 122 acres on the border of Scottsdale and Paradise Valley, the state’s wealthiest city, The Palmeraie is one of the most-anticipated experiential shopping, dining and living destinations in North America. At the heart of the community is a 215-room Ritz-Carlton resort that will be surrounded by 80 single-level Ritz-Carlton Residences Villas, which are 100% sold, and 32 single-family Ritz-Carlton branded and serviced Estate Homes. As for the retail and restaurant component, there is approximately 160,000 square feet of high-end, mixed-use space located on 22 acres at the corner of Scottsdale and Indian Bend roads. Home to more than 60 exceptional luxury and specialty boutiques as part of the fourth phase, The Palmeraie will also incorporate a variety of dining destinations lead by best-in-class, celebrated local and international chefs. FENDI Private Residences will open its first ground-up residential enclave in North America at The Palmeraie with a boutique collection of 52 elegantly crafted residences with five unequalled penthouses. The interest list is currently forming with a sales campaign beginning later this year.

Bryan Clark, Managing Director of JLL Capital Markets, who arranged the financing, added, “Madison Realty Capital’s significant experience with branded hotel residences and deep understanding of the hospitality market sets their team apart. We were pleased to work with them to deliver tailored financing for a hospitality and luxury retail project that will set a new standard in Paradise Valley.”

About Madison Realty Capital 
Madison Realty Capital is a vertically integrated real estate private equity firm that, as of March 31, 2023, manages $10 billion in assets on behalf of a global institutional investor base. Since 2004, Madison Realty Capital has completed $23 billion of real estate transactions largely through direct lending to borrowers with flexible and highly customized financing solutions. Madison Realty Capital’s strong underwriting capabilities provide certainty of execution in complex, time sensitive situations. Headquartered in New York City, with offices in Los Angeles, Dallas, and Israel, the firm has 75 employees across its real estate investment, asset management, and development disciplines. Madison Realty Capital has been named to Commercial Observer’s prestigious “Power 100” list of New York City real estate players every year since 2016 and was recognized in March 2023 by PERE as the Debt Firm of the Year, North America for Fiscal Year 2022. To learn more, follow us on LinkedIn and visit madisonrealtycapital.com.

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Media inquiries, contact:
Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/270e52b8-f675-47e2-aed9-07de45b1cacc

GlobeNewswire Distribution ID 8838354

REGULATED INFORMATION
May 12, 2023, 7:00am CET / 1:00am ET

NYXOAH SA
(Euronext Brussels: NYXH)
Rue Edouard Belin 12, 1435 Mont-Saint-Guibert, Belgium
(hereinafter the “Company”)

Invitation to Attend the Annual Shareholders’ Meeting of the Company
to be Held on June 14, 2023

The board of directors of the Company is pleased to invite its securities holders to attend the annual shareholders’ meeting of the Company, to be held on Wednesday, June 14, 2023 at 2:00 p.m. CET at the Company’s seat, or at such other place as will be indicated prior to such time.

The Company will also set up a video conference to allow holders of securities of the Company who have duly registered for the annual shareholders’ meeting to follow the meeting remotely and ask questions, as the case may be in writing, during the meeting. The modalities to attend the meeting via video conference will be communicated to the relevant securities holders in due time. The video conference will not qualify as an electronic communication tool to attend and vote at the shareholders’ meeting as referred to in Article 7:137 of the Belgian Code of Companies and Associations, but will be an extra facility for securities holders to follow the shareholders’ meeting. Holders of securities wishing to attend the meeting via video conference and also validly vote on the items on the agenda, are invited to exercise their voting rights prior to the shareholders’ meeting by following the rules set out in this convening notice, either by voting remotely by mail, or by giving a proxy to a representative of the Company.

In order to facilitate the keeping of the attendance list on the day of the annual shareholders’ meeting, the holders of securities issued by the Company and their representatives are invited to register as from 1:30 p.m. CET.

AGENDA OF THE ANNUAL SHAREHOLDERS’ MEETING

1. Acknowledgement and discussion of:

1. the statutory annual accounts for the financial year ended on December 31, 2022;
2. the consolidated financial statements for the financial year ended on December 31, 2022;
3. the annual report of the board of directors on the statutory annual accounts for the financial year ended on December 31, 2022;
4. the annual report of the board of directors on the consolidated financial statements for the financial year ended on December 31, 2022;
5. the statutory auditor’s report on the statutory annual accounts for the financial year ended on December 31, 2022; and
6. the statutory auditor’s report on the consolidated financial statements for the financial year ended on December 31, 2022.

1.      Approval of the statutory annual accounts for the financial year ended on December 31, 2022 and the proposed allocation of the result

Proposed decision: The shareholders’ meeting decides to approve the annual accounts for the financial year ended on December 31, 2022 and the allocation of the result as proposed by the board of directors.

2.      Discharge of directors

Proposed decision: The shareholders’ meeting decides to grant discharge to each of the directors who was in office during the financial year ended on December 31, 2022 (including Mr. Donald Deyo, Mr. Jan Janssen and Mr. Raymond Cohen who resigned as directors in 2022) for the performance of their mandate during that financial year.

3.      Discharge of the statutory auditor

Proposed decision: The shareholders’ meeting decides to grant discharge to the statutory auditor who was in office during the financial year ended on December 31, 2022 for the performance of his mandate during that financial year.

4.      Acknowledgement and approval of the remuneration report

Proposed decision: The shareholders’ meeting decides to approve the remuneration report.

5.      Acknowledgement and approval of the amended remuneration policy

Upon the recommendation of the remuneration committee, the board of directors proposes to amend the remuneration policy of the Company to include in the remuneration policy the justification for deviating from provision 7.12 of the 2020 Belgian Code on Corporate Governance (the “2020 Code”) which requires the board to include, in the contracts with the CEO and other members of executive management, provisions that would enable the Company to recover variable remuneration paid, or withhold the payment of variable remuneration, and specify the circumstances in which it would be appropriate to do so, insofar as enforceable by law.

The board of directors believes that this provision of the 2020 Code is not appropriate and adapted to take into account the realities of companies in the life sciences industry that are still in a development phase nor considers that it is necessary to apply claw-back provisions as (i) the pay-out of the short-term variable remuneration, based on the achievement of one or more individual objectives and one or more Company objectives as set by the board of directors, is paid only upon achievement of those objectives, and (ii) the Company does not apply any other performance-based remuneration or variable compensation.

Furthermore, the ESOP warrant plans set up by the Company contain bad leaver provisions that can result in the unexercised share options, whether vested or not, automatically and immediately becoming null and void if the agreement or other relationship between the holder and the (relevant subsidiary of the) Company is terminated for “cause”. Notwithstanding the Company’s position that warrants are not to be qualified as variable remuneration (when not depending on performance criteria), the board of directors is of the opinion that such bad leaver provisions sufficiently protect the Company’s interests and that it is therefore currently not necessary to provide for additional contractual provisions that give the Company a contractual right to reclaim any (variable) remuneration from the members of the executive management.

For those reasons, there are no contractual provisions in place between the Company and the members of the executive management that give the Company a contractual right to reclaim from said executives any variable remuneration that would be awarded.

Proposed decision: The shareholders’ meeting decides to approve the amended remuneration policy.

6.      Appointment of director

On January 8, 2023, the board of directors decided to appoint Wildman Ventures LLC (permanently represented by Mr. Daniel Wildman) on a provisional basis (“cooptation”) as a director in order to replace Mr. Raymond Cohen in accordance with Article 7:88 of the CCA and article 13 of the Company’s articles of association. Based on the information made available by Mr. Daniel Wildman, it was determined that both Wildman Ventures LLC and Mr. Daniel Wildman satisfy the applicable requirements for Wildman Ventures LLC (permanently represented by Mr. Daniel Wildman) to be appointed as an independent director in accordance with Article 7:87 of the CCA and provision 3.5 of the 2020 Belgian Corporate Governance Code. Mr. Daniel Wildman also explicitly declared that neither he nor Wildman Ventures LLC has any connections with the Company or an important shareholder, which would interfere with their independence. The board of directors recommends that the appointment of Wildman Ventures LLC (permanently represented by Mr. Daniel Wildman) as independent director be confirmed and that Wildman Ventures LLC (permanently represented by Mr. Daniel Wildman) completes Mr. Raymond Cohen’s term of office ending at the annual shareholders’ meeting to be held in 2024.

Proposed decision: The shareholders’ meeting decides to confirm the appointment of Wildman Ventures LLC, with address at 12520 Sunnydale Drive, Wellington, FL 33414, USA, and permanently represented by Mr. Daniel Wildman, as an independent director of the Company within the meaning of Article 7:87 of the CCA and provision 3.5 of the 2020 Belgian Corporate Governance Code, completing Mr. Raymond Cohen’s term of office ending at the annual shareholders’ meeting to be held in 2024. The mandate of Wildman Ventures LLC (permanently represented by Mr. Daniel Wildman) is remunerated as provided for the non-executive (independent) members of the board of directors in the Company’s remuneration policy as adopted by the shareholders’ meeting and as decided by the annual shareholders’ meeting of June 8, 2022.

ADMISSION FORMALITIES AND PARTICIPATION IN THE SHAREHOLDERS’ MEETING

In order to attend the shareholders’ meeting on June 14, 2023, the holders of shares and subscription rights are requested to comply with articles 26 and 27 of the Company’s articles of association and the following formalities.

The holders of subscription rights issued by the Company can, in accordance with Article 7:135 of the Belgian Code of Companies and Associations, only attend the shareholders’ meeting with a consultative vote.

In order to be able to participate in the annual shareholders’ meeting, a holder of securities issued by the Company must satisfy two conditions: (a) be registered as holder of such securities on the registration date and (b) notify the Company, as described below.

Registration date

The registration date is May 31, 2023 at midnight (Belgian time). Only persons registered as securities holders on that date and time will be entitled to attend and (if they are shareholders) vote at the meeting. The number of securities held by the securities holder on the day of the meeting will not be taken into account.

• Holders of registered shares or subscription rights must be registered in the Company’s share register or subscription rights register, as the case may be, by midnight (Belgian time) on May 31, 2023.
• Holders of dematerialised shares must deliver, or have delivered, to the Company, at the latest on June 8, 2023 at midnight (Belgian time), a certificate issued by the authorised account holder or by the settlement institution certifying the number of dematerialised shares registered in the name of the shareholder in its accounts on the registration date, for which the shareholder has declared his intention to participate in the meeting. This certificate must be sent to the Company by e-mail to shareholders@nyxoah.com.

Intention to participate in the meeting

The securities holders must inform the board of directors of the Company by e-mail to shareholders@nyxoah.com, no later than June 8, 2023, of their intention to participate in the meeting, indicate the number of securities for which they intend to vote, and, for holders of dematerialized shares, present proof of their registration as a shareholder on the registration date.

In order to attend the meeting, securities holders and proxy holders must prove their identity and representatives of legal entities must submit documents establishing their identity and their power of representation, at the latest immediately before the start of the meeting.

Voting by proxy or by mail

Shareholders can exercise their voting rights prior to the meeting either (i) by voting by mail or (ii) by giving a proxy to a representative of the Company.

If shareholders vote by proxy, the proxy holder will be a representative of the Company. This proxy holder may only exercise the voting right in accordance with the voting instructions contained in the proxy.

The proxy voting form and the form for voting by mail approved by the Company must be used for this purpose. These forms can be downloaded from the Company’s website (https://investors.nyxoah.com/shareholder-information > Shareholders’ Meetings).

If shareholders vote by proxy or by mail, they must, in addition to the above formalities, send by e-mail to shareholders@nyxoah.com a duly completed and signed proxy voting form or form for voting by mail. These documents must reach the Company no later than June 8, 2023.

Note that the proxy voting forms and the forms for voting by mail may be signed by using an electronic signature as provided for in Article 7:143 § 2 of the Belgian Code of Companies and Associations.

Participation in the virtual shareholders’ meeting

Securities holders wishing to participate remotely, virtually and in real time, to the Company’s annual shareholders’ meeting are required to confirm their participation and communicate their e-mail address to the Company by June 8, 2023 at the latest by e-mail to shareholders@nyxoah.com.

A few days before the shareholders’ meeting, securities holders who have completed this formality will receive by e-mail (at the address they will have communicated to the Company) a link, and as the case may be a user name and a password, enabling them to follow and participate in the shareholders’ meeting via their computer, tablet or smartphone.

Just before the start of the shareholders’ meeting, the securities holders will have to click on the link that will have been previously communicated to them by e-mail, and as the case may be enter their user name and password, in order to join the virtual shareholders’ meeting.

Securities holders attending the virtual shareholders’ meeting will have the opportunity to view the live broadcast of the meeting in real time and to ask questions to the directors, as the case may be in writing, during the meeting regarding the items on the agenda.

New agenda items, proposed decisions and right to ask questions

Shareholders holding at least 3% of the capital who wish to request the inclusion of new items on the agenda or to submit proposals for decision must, in addition to the above formalities, establish on the date of their request proof of ownership of the required participation in the capital and send the text of the agenda items and the proposed decisions by e-mail to shareholders@nyxoah.com, no later than May 23, 2023. The request must also mention the e-mail address to which the Company will send the confirmation of receipt of the request.

The case being, the revised agenda will be published no later than May 30, 2023.

Shareholders who wish to do so may send any questions they may have to the Company, relating solely to the agenda of the annual shareholders’ meeting, by e-mail to shareholders@nyxoah.com, no later than June 8, 2023. The answers to these questions will be provided during the annual shareholders’ meeting in accordance with applicable law.

Documentation

All documents concerning the annual shareholders’ meeting that are required by law to be made available, as well as the total number of shares and voting rights outstanding, are available on the Company’s website on: https://investors.nyxoah.com/shareholder-information. The documents are also available at the seat of the Company and can only be consulted by appointment made by e-mail (shareholders@nyxoah.com). Shareholders may also obtain a hard copy of these documents free of charge by sending an e-mail to shareholders@nyxoah.com.

The aforementioned formalities, as well as the instructions on the Company’s website and on the proxy voting forms and forms for voting by mail must be strictly observed.

Various

Quorum: There is no particular quorum requirement for the deliberation and voting of the decisions proposed in the agenda of the annual shareholders’ meeting.

Voting: Each share entitles the holder to one vote.

Majority: In accordance with applicable law, the decisions proposed in the agenda of the annual shareholders’ meeting will be adopted if they are approved by a simple majority of the votes validly cast by the shareholders present or represented at the shareholders’ meeting.

Personal data: The Company is responsible for the processing of personal data that it receives or collects from holders of securities issued by the Company and agents in connection with the Company’s shareholders’ meeting.

The processing of such data will be carried out for the purpose of organizing and holding the shareholders’ meeting, including convening, registration, attendance and voting, as well as maintaining lists or registers of securities holders and for purposes of analysis of the Company’s securities holders’ base.

The data includes, but is not limited to, the following: identification data, the number and nature of a holder’s securities issued by the Company, proxies and voting instructions. This information may also be transferred to third parties for the purpose of assisting or servicing the Company in connection with the foregoing.

The processing of such data will be carried out, mutatis mutandis, in accordance with the Company’s privacy notice available on the Company’s website: https://www.nyxoah.com/privacy-notice-nyxoah.

The Company draws the attention of holders of securities issued by the Company and agents to the description of the rights they may have as data subjects, such as, inter alia, the right of inspection, the right to rectify and the right to object to processing, which are set out in the section entitled “What rights can you exercise?” of the aforementioned privacy notice.

All this is without prejudice to the applicable rules on registration, use of information and participation in shareholders’ meeting in order to exercise your rights as a data subject. For any other information relating to the processing of personal data by or on behalf of the Company, the Company can be contacted by e-mail at privacy@nyxoah.com.

The board of directors

Attachment

• ENGLISH – ASM 2023 convening notice – PR – ENG

GlobeNewswire Distribution ID 1000809599

The upgrade includes support for Storybook, real device UI testing, and native GitHub pull requests that will both reduce effort and increase productivity for customers

San Francisco, May 11, 2023 (GLOBE NEWSWIRE) — LambdaTest, an intelligent omnichannel digital experience testing cloud platform, has upgraded its AI-powered visual regression platform SmartUI by adding more integrations and powerful new capabilities. The upgraded platform will enable users to swiftly and confidently do visual regression testing across multiple digital channels thereby ensuring a better end-customer experience.

SmartUI, with its support for Storybook, a frontend workshop for building UI components and pages, will provide customers with the ability to capture user stories on various browsers and resolutions. Businesses can identify the changes in the stories before releasing the component library updates to the production environment.

These SmartUI Storybook projects will support Git-based baseline branching strategies that will help businesses maintain their baseline builds for the captured visual regression tests run on the platform and make comparisons easier by dynamically updating the state of the build versions using Git commits and branches.

The AI-powered SmartUI platform now also offers a native GitHub pull requests check app where the changes can be verified by triggering a CI pipeline using GitHub Actions. The results will provide complete information about the visual regression tests executed and ensure that the changes are pixel-perfect to the baseline screenshots.

Finally, LambdaTest has launched support for visual regression testing on real devices, given that mobiles are at the center of customer experience. Users can now capture the mobile app screens on real devices using automation pipelines and mobile app frameworks such as Appium. Using this update, businesses can ensure that their app’s visual appearance and functionality remain consistently error-free, ultimately improving the overall digital experience and business performance.

“We are constantly innovating keeping customer expectations in mind. LambdaTest’s AI-powered visual regression platform SmartUI has been getting really good reviews since its launch. We have now taken the experience a notch higher with our Storybook support and support for visual regression testing on real devices. Our aim is to become the digital highway for testing for customer-centric and digital-first businesses worldwide,” said Mayank Bhola, Co-founder and Head of Product, LambdaTest.

LambdaTest has also announced the launch of its digital experience testing cloud for enterprises. The offering will enable enterprises to accelerate their digital transformation by providing a best-in-class, 360-degree test execution and orchestration platform coupled with insightful test analytics and customizable deployment options–public cloud, single tenant, or on-premise.

For more details, visit: https://www.lambdatest.com/smart-visual-ui-testing

About LambdaTest

LambdaTest is an intelligent unified digital experience testing cloud that helps businesses drastically reduce time to market through faster test execution, ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

LambdaTest press office: press@lambdatest.com

GlobeNewswire Distribution ID 8837431

มอนทรีออล, May 12, 2023 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” หรือ “บริษัท”) (TSX-V: GDM) ได้ทำสัญญาที่จะซื้อและขาย ( “ข้อตกลง”) สำหรับการอ้างสิทธิ์ในการถือครอง 8 แห่ง ( “โครงการ IMV”) ซึ่งตั้งอยู่ในภูมิภาคมองเตเรจีตอนใต้ของรัฐควิเบก การอ้างสิทธิ์เหล่านั้นครอบคลุมพื้นที่ประมาณ 481.05 เฮกตาร์ (4.81 ตารางกิโลเมตร)

ข้อตกลงลงวันที่ 27 มกราคม 2566 มีรายละเอียดดังต่อไปนี้

ชื่อบริษัทจะเปลี่ยนเป็น Green Mining Innovation ส่วนสัญลักษณ์การซื้อขายจะกลายเป็น GMI และบริษัทจะนำแนวทางเชิงนิเวศน์ นวัตกรรม และเป็นมิตรต่อสิ่งแวดล้อมมาใช้ในการทำงาน

ในการทำธุรกรรมตามธรรมเนียมทางค้าปกติกับคู่ค้าทั่วไปที่มิได้มีความเกี่ยวข้องกันเป็นพิเศษนั้นบริษัทจะออกหุ้นจำนวน 18 ล้านหุ้นให้กับเจ้าของปัจจุบัน ( “เจ้าของ”) ของโครงการ IMV ตามราคาที่เห็นสมควรในราคาหุ้นละ 0.08 ดอลลาร์ และจะจ่ายค่านายหน้าเป็นหุ้น 5% เท่ากับ 900,000 หุ้น

บริษัทจะดำเนินการออกหุ้นเพิ่มทุนเพื่อเสนอขายแก่บุคคลในวงจำกัดแบบไม่มีนายหน้าในราคา 500,000 ดอลลาร์ จำนวน 8,333,333 หน่วย ที่ราคา 0.06 ดอลลาร์แคนาดาต่อหน่วย แต่ละหน่วยจะประกอบด้วยหุ้นสามัญหนึ่งหุ้นและใบสำคัญแสดงสิทธิที่จะซื้อหนึ่งใบ โดยใบสำคัญแสดงสิทธิแต่ละใบจะให้สิทธิ์แก่ผู้ถือใบสำคัญแสดงสิทธิในการจองซื้อหุ้นสามัญเพิ่มเติมหนึ่งหุ้นในราคาใช้สิทธิที่ 0.12 ดอลลาร์แคนาดาต่อหน่วยเมื่อใดก็ได้จนถึงสองปีหลังจากปิดการทำข้อตกลง

ใบสำคัญแสดงสิทธิจะระบุข้อกำหนดเร่งให้ชำระเงินเร็วกว่ากำหนด หากมีการซื้อขายหุ้นสูงกว่าราคาที่กำหนดไว้เกิน 20 วันติดต่อกัน ในส่วนของการสมัครที่มาจากตัวกลางที่ผ่านการรับรอง บริษัทอาจจ่ายค่าธรรมเนียมเป็นเงินสดเท่ากับ 7% ของจำนวนเงินที่สมัคร

รายได้จากการออกหุ้นเพิ่มทุนเพื่อเสนอขายแก่บุคคลในวงจำกัดจะเป็นค่าใช้จ่ายในการทำธุรกรรม (ค่าธรรมเนียมการแลกเปลี่ยนหุ้น ค่าธรรมเนียมทางกฎหมาย ค่าธรรมเนียมที่ปรึกษาด้านธรณีวิทยา) และสำหรับค่าใช้จ่ายในการสำรวจที่จะเกิดขึ้นในโครงการ IMV ของบริษัท การออกหุ้นเพิ่มทุนเพื่อเสนอขายแก่บุคคลในวงจำกัดจะไม่เป็นการทำธุรกรรมกับบุคคลหรือกิจการที่เกี่ยวข้องกัน และเจ้าของจะไม่มีส่วนร่วมในการเสนอขาย

เจ้าของโครงการ IMV จะมีตัวแทน 3 คนในคณะกรรมการบริหารของบริษัท ซึ่งเป็นบุคคลดังต่อไปนี้

คุณ André Gagné คุณ Jacques Tremblay และ คุณ Daniel Routhier ในตอนปิดการทำข้อตกลง คุณ Gagné จะกลายเป็นประธานและประธานเจ้าหน้าที่บริหาร และคุณ Tremblay จะกลายเป็นประธานเจ้าหน้าที่ฝ่ายปฏิบัติการ

ANDRÉ GAGNÉ

คุณ Gagné ทำหน้าที่เป็นผู้เชี่ยวชาญด้านการพลิกฟื้นให้กับธุรกิจทุกประเภทในภาคธุรกิจต่าง ๆ เขามีคุณสมบัติยอดเยี่ยมในฐานะผู้จัดการและผู้เจรจาต่อรองโดยใช้แนวทางผสานความแตกกต่างที่มุ่งสร้างความสมดุลและความเห็นพ้องต้องกันระหว่างฝ่ายต่าง ๆ ที่เกี่ยวข้อง ในตอนท้ายของการเจรจา เขานำเสนอกลยุทธ์การตลาดตามกลยุทธ์การสื่อสารของ PEB ซึ่งจะเป็นประโยชน์ต่อผู้ที่เกี่ยวข้องในการเจรจาทั้งหมด

คุณ Gagné มีประสบการณ์มากกว่า 15 ปีในอุตสาหกรรมเหมืองแร่ระดับโลก โดยดำรงตำแหน่งผู้บริหารระดับสูงในภาคส่วนนี้ ในฐานะประธานเจ้าหน้าที่บริหาร / กรรมการผู้จัดการของ Komet Resources Africa ตั้งแต่ปี 2556 ถึงปี 2562 เขานำความพยายายามต่าง เพื่อสร้างความแข็งแกร่งให้กับจุดยืนเชิงกลยุทธ์ของบริษัทและการเปิดเหมืองใต้ดิน Guiro ในบูร์กินาฟาโซอีกครั้ง ก่อนมาร่วมงานกับ Komet Resources Africa คุณ Gagné เป็น ประธานเจ้าหน้าที่บริหาร / กรรมการผู้จัดการของ Robex Inc. ตั้งแต่ปี 2551 ถึงปี 2556 หลังจากปรับโครงสร้างบริษัทแล้ว เขายังได้เปิดตัวโครงการเหมือง Nampala ในประเทศมาลี ซึ่งปัจจุบันผลิตทองคำได้มากกว่า 40,000 ออนซ์ต่อปี

เขาเป็นนักธุรกิจที่ได้รับการยกย่อง ซึ่งปัจจุบันได้ดำเนินการจัดหาเงินทุนให้กับบริษัทมากกว่า 20 แห่ง โดยมีมูลค่ารวมมากกว่า 44 ล้านดอลลาร์ด้วยเงินสดในตลาดหุ้น คุณ Gagné ได้ศึกษาด้านกิจการผู้บริโภคที่มหาวิทยาลัย Laval ในเมืองควิเบก

JACQUES TREMBLAY

คุณ Tremblay เป็นวิศวกรเหมืองแร่ที่สำเร็จการศึกษาจากมหาวิทยาลัย Laval โดยมีประสบการณ์ด้านการพัฒนาโครงการและการจัดการการดำเนินงานเหมืองแร่มากว่า 40 ปี รวมถึงประสบการณ์ 20 ปีในแอฟริกาตะวันตก

เมื่อเร็ว ๆ นี้ Jacques ร่วมงานกับ Solutions BF ในฐานะที่ปรึกษาด้านการทำเมืองแร่ที่เกี่ยวข้องกับโครงการในบูร์กินาฟาโซ, กินี และมาลี ก่อนหน้านี้ Jacques เคยเป็นประธานเจ้าหน้าที่ฝ่ายปฏิบัติการของ KOMET Resources ในบูร์กินาฟาโซ ประธานเจ้าหน้าที่ฝ่ายปฏิบัติการของ ArcelorMittal Mining ในแอลจีเรีย ผู้จัดการโครงการในแอฟริกาตะวันตกของ Dumas Contracting และผู้อำนวยการฝ่ายปฏิบัติการ – บำรุงรักษาของ Nordgold ในบูร์กินาฟาโซ และผู้จัดการทั่วไปของเหมืองใต้ดิน Kamoto ของ Glencore ในสาธารณรัฐประชาธิปไตยคองโก

DANIEL ROUTHIER

เป็นเวลา 30 ปีแล้วที่ คุณ Daniel Routhier ผู้รับเหมาก่อสร้างและสิ่งแวดล้อมด้านไฟฟ้า เป็นเจ้าของและผู้อำนวยการของ DANPLEX Inc. ซึ่งมีพนักงาน 25 คนและมีความเชี่ยวชาญด้านไฟฟ้าในการก่อสร้าง เขาได้พัฒนาความเชี่ยวชาญของผู้ประกอบการอย่างกว้างขวางในสาขานี้ โดยครอบคลุมด้านต่าง ๆ เช่น การออกแบบ การติดตั้งและการบำรุงรักษาระบบไฟฟ้า ผลกระทบต่อสิ่งแวดล้อมของการติดตั้ง การผลิตอุปกรณ์บนไซต์งานและเครือข่ายการสื่อสาร

นอกจากนี้ บริษัทยังมีประสบการณ์มากมายในทรัพยากรเหมืองแร่โดยเคยทำงานให้กับบริษัทต่าง ๆ เช่น Rio Tinto, Agnico Eagle, Suncor, Osisko, Stornoway Diamonds, ArcelorMittal รวมถึง Hydro-Québec ในอ่าวเจมส์และในควิเบกแถบที่ลุ่มใหญ่ตอนเหนือ

คุณ Jacques Marchand วิศวกรที่ปรึกษาด้านธรณีวิทยาได้จัดทำบันทึกข้อตกลงด้านธรณีวิทยาเกี่ยวกับการอ้างสิทธิในเหมืองแร่ทั้งแปดแห่ง ซึ่งประกอบกันเป็นโครงการ IMV รายงานต้นฉบับลงวันที่ 8 มีนาคม และ 18 มีนาคม 2566 เป็นภาษาฝรั่งเศส และสามารถดูคำแปลได้ที่ด้านล่าง

เอกสารวันที่ 8 มีนาคม 

https://greenmininginnovation.ca/wp-content/uploads/2023/04/Rp-JM-TSX_en_4.4.23.pdf

เอกสารวันที่ 18 มีนาคม

https://greenmininginnovation.ca/wp-content/uploads/2023/04/Rp.a-JM-TSX.q_en _4.4.23.pdf

รายงานทางธรณีวิทยาเกี่ยวกับพื้นที่โดยรอบจาก SIGEOM สามารถดูได้ที่ด้านล่าง

เอกสารวันที่ 5 เมษายน 2556

https://greenmininginnovation.ca/wp-content/uploads/2023/04/Rap1_Charbonneau_eng_2013_43-101_GM68021.pdf

เงินกู้ปลอดดอกเบี้ยจำนวน 328,000 ดอลลาร์ที่ผู้ถือหุ้นของบริษัทมอบให้จะถูกแปลงเป็นหุ้น (ไม่ใช่หน่วย) ในราคาที่กำหนดหลังจากเริ่มซื้อขายใหม่ เนื่องจากธุรกรรมนี้เป็นธุรกรรมระหว่างกันภายใต้เอกสารสิทธิ์ระดับพหุภาคี 61-101 – การคุ้มครองผู้ถือหุ้นส่วนน้อยในธุรกรรมพิเศษ – (“MI 61-101”) บริษัทจะใช้หลักการยกเว้นจากการประเมินมูลค่าอย่างเป็นทางการ และข้อกำหนดการอนุมัติของผู้ถือหุ้นส่วนน้อยของ MI 61-101

นอกจากนี้ บริษัทยังมีความตั้งใจที่จะดำเนินงานสำรวจทรัพย์สินอื่น ๆ ได้แก่

Fortune (คาบสมุทร Gaspé), Panache North (ทะเลสาบวินด์ฟอลล์) และ Prince (นิวฟันด์แลนด์)

การปิดการเจรจาขึ้นอยู่กับการอนุมัติตามกฎระเบียบ

คาดการณ์ว่าจะมีการการกลับมาซื้อขายอีกในหรือประมาณวันที่ 15 พฤษภาคม 2566

เว็บ

จดหมายข่าว

Facebook

YouTube

LinkedIn

สำหรับรายละเอียดเพิ่มเติม โปรดติดต่อ:
David Crevier
ประธาน
โทรศัพท์: 514-949-6820
dcrevier@goldstarminerals.com

André Gagné
ประธานเจ้าหน้าที่บริหารของ Green Mining Innovation
โทรศัพท์ : 581-983-6815
CEO@greenmininginnovation.ca

ทั้ง TSX Venture Exchange และผู้ให้บริการด้านกฎระเบียบข้อบังคับ (ตามที่กำหนดในนโยบายของ TSX Venture Exchange) จะไม่รับผิดชอบต่อความเหมาะสมหรือความถูกต้องของข่าวประชาสัมพันธ์นี้ ข่าวประชาสัมพันธ์นี้อาจมีข้อความคาดการณ์ล่วงหน้า ข้อความเหล่านี้ขึ้นอยู่กับการคาดการณ์ และสมมติฐานในปัจจุบันที่มีความเสี่ยงและความไม่แน่นอน ผลลัพธ์ที่แท้จริงอาจแตกต่างอย่างมาก เนื่องจากปัจจัยที่กล่าวถึงในส่วนการอภิปรายและการวิเคราะห์ ของฝ่ายบริหารของงบการเงิน ระหว่างกาลและงบการเงินประจำปีล่าสุดของเราหรือรายงานและ เอกสารอื่น ๆ ที่ยื่นกับ TSX Venture Exchange และกฎระเบียบข้อบังคับหลักทรัพย์ของแคนาดา ที่เกี่ยวข้อง เราไม่มีข้อผูกมัดใด ๆ ในการปรับปรุงข้อความคาดการณ์ล่วงหน้าใด ๆ เว้นแต่จะกำหนดไว้ตามกฎหมายที่บังคับใช้

GlobeNewswire Distribution ID 8838065

• HERE Technologies publishes inaugural study of 1,300 business decision-makers from the transportation and logistics sector across Asia-Pacific.
• Customer benefits and financial efficiencies top of mind for companies in 2023.
• APAC logistic firms eye drones, robotics, artificial learning and machine learning next.

Singapore – HERE Technologies, the leading location data and technology platform, today published an inaugural study, APAC On The Move, to provide insights from transportation and logistics (T&L) professionals across Asia-Pacific (APAC) on the current technology trends and practices that are shaping supply chain, fleet, and logistics management.

A key finding from APAC On The Move 2023 is the extent to which end-to-end asset tracking and shipment visibility remain a challenge for logistics companies three years since the onset of the pandemic. Nearly 90% of APAC logistics companies surveyed have cited technology implementation challenges as their biggest barrier to achieving real-time end-to-end supply chain visibility, despite the motivations to improve customer satisfaction and operational efficiency.

Home to some of the world’s largest manufacturing and exporting economies, the logistics industry in APAC plays a vital role in the global supply chain network. In recent years, T&L firms are under pressure from relentless consumer demands, changing customer expectations, and the arrival of new competition from start-ups and customer-turned-rival logistics operators.

Highlights from the HERE Technologies APAC On The Move 2023 study include:

Technology partnerships and implementations are big challenges
More than half of the firms surveyed (52%) have cited the challenge of identifying the right partners and/or suppliers as their biggest barrier to technology implementation. In mature economies like Australia and Singapore, the concern of potential disruption to existing processes and services ranked high. In India and Malaysia where the logistics industries are fragmented, knowing where to even begin with technology implementation is a concern.

Logistics companies surveyed want turn-key solutions that are easy to implement without expensive, time consuming, and labour-intensive system overhauls. According to the study by HERE, software integration challenges with existing infrastructure (52%), the lack of time to implement the solutions (39%), and high implementation costs (39%) are the main barriers to adopting logistics assets tracking and shipment/cargo monitoring solutions.

APAC logistics firms still rely on manual tracking 
The pandemic has exposed the vulnerabilities of manual interventions in the global supply chain. Yet, approximately 45% of APAC logistics firms surveyed are using asset tracking and shipment monitoring software in combination with manual inputs to track assets, shipment, and cargo.

Manual processes have a higher chance of creating gaps and vulnerabilities within supply chains, and this shows that a large number of companies still do not have a resilient infrastructure in place. Real-time and automated tracking solutions on the other hand provide opportunities to accelerate innovation and tackle disruptions promptly.

Across APAC, the Japanese logistics industry is leading the way with 70% of companies surveyed having moved to tracking assets in real-time with no manual inputs. Japan’s logistics sector is facing the looming ‘2024 Problem’ as stricter regulations – limiting truck drivers to a total of 960 hours of annual overtime work – kicks in from April 1, 2024. As the industry prepares for this impending crisis, the move to track assets in real-time is a critical step to addressing and alleviating labour shortage in Japan.

Tech investments motivated by customers first and financial benefits a close second
With intensifying competition and rising customer expectations in the region, the logistics sector wants to improve fundamental business performance indicators. The strongest motivator for adopting logistics asset tracking solutions is to increase customer satisfaction (48%).

On the other hand, APAC logistics companies are also prioritising financial benefits, such as to increase revenue (47%) and to gain competitive edge in the market (41%), when purchasing logistics asset tracking solutions.

APAC logistics industry eyeing future technologies and opportunities
The study confirms that most logistics companies in APAC are already using a form of Internet of Things (IoT) technology. IoT applications for inventory management (63%), warehouse management (61%), and order management (50%) are the most popular among logistics companies in the region.

Looking ahead, more than a quarter of logistics companies in APAC are planning to invest in drones (33%), robotics (30%), and artificial learning and machine learning (29%). These technologies have been identified by the logistics sector to seize opportunities and create lasting competitive advantage (41%), improve operational efficiency (40%), and increase customer satisfaction (39%).

Quotes

• Regu Ayyaswamy, Senior Vice President and Global Head, Tata Consultancy Services:
  “India’s logistics sector is a critical enabler of economic growth, playing a crucial role in the seamless movement of goods and services across the country. However, the sector is rapidly evolving, and as a leading global IT services provider, TCS is committed to enabling businesses within the logistics sector to digitally transform their operations and drive growth. Our strategic partnership with HERE Technologies is a testament to this commitment. By combining HERE’s world-class location intelligence platform with Digifleet^TM, TCS’ logistics solution, we are empowering businesses with real-time visibility and actionable insights.”

• Yoshikazu Kuwamura, Head of Department, Industry Digital Transformation Dept., Mitsubishi Corporation Singapore Branch:
  “Digitalisation is key to addressing challenges and unlocking new efficiencies in today’s supply chain. However, digitalisation itself is not enough to achieve full end-to-end supply chain visibility. Collaboration across the supply chain is essential to creating more agile and resilient operations. Together with HERE, we believe in helping logistics players in APAC to leverage location intelligence and to develop best practices and more effective strategies for managing risk and uncertainty.”
• Vivek Vaidya, Global Client Leader for Mobility, Frost & Sullivan:
  “The supply chain and logistics companies in APAC are at a different stage in evolution as far as asset tracking and shipment monitoring are concerned. On one hand companies are looking to invest in IoT, AI, and drones to improve real-time visibility and on the other hand a large number of companies are still relying on manual processes to achieve the same objective. The companies who are currently relying on manual process are likely to leapfrog to modern solutions. On the whole, the awareness about having real-time visibility on assets and cargo has gone up tremendously in the post-pandemic era and that trend is likely to continue. This underlines a strong growth potential for solution providers like HERE Technologies in this space for the next decade.”

• William Strugger, Senior Director for Global Market Intelligence, HERE Technologies:
  “The study indicates that logistics providers – who handle road, sea, or air transportation, or oversee transportation management – are consistently challenged at implementing asset tracking solutions. Their reasons include implementation costs, integrating with existing software/infrastructure, time needed for implementation, and lack of skilled manpower. This speaks to the need for logistics providers to engage professional services to speed the implementation of in-house software development or off-the-shelf turnkey software, or offload the entire effort to system integrators or location consulting boutiques to develop a bespoke solution.”

• Jason Jameson, Senior Vice President & General Manager for Asia-Pacific, HERE Technologies:
  “Visibility is essential in the supply chain business, and location technology is the key ingredient for building true visibility for businesses and their end customers. While it is promising to see many APAC logistics firms moved on to tracking their assets in real-time, there is still significant room for improvement, with close to half of the organisations surveyed still relying on some form of manual method for tracking. As a leading location data and technology platform, HERE Technologies plays a critical role in the logistics industry globally to not only turn real-world spatial data into a digital model for companies to utilise, but also to educate the industry on the power of location technology in optimising efficiencies and improving business operations.”

Read the APAC On The Move report for the full findings and data by each Asia Pacific sub-region.

Media contacts
HERE Technologies
Camy Cheng
+65 9088 4127
Camy.cheng@here.com

About APAC On The Move
APAC On The Move, published by HERE Technologies, contains insights from transport and logistics companies across Asia Pacific. This inaugural study consists of market research data and analysis from March 2023, based on responses from 1,300 players within the transport and logistics industry across eight countries: Australia, Chinese Taipei, India, Indonesia, Japan, Malaysia, Singapore, and Thailand. Designed to provide our customers and partners with a deeper understanding of the trends and best practices that are shaping the transport and logistics industry in region, APAC On The Move serves as a guide to help businesses navigate the current opportunities and challenges in supply chain, fleet and logistics management.

About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognised as the most complete in the industry, powering location-based products, services and custom maps for organisations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at here.com.

Attachments

• APAC on the move 2023
• HERE_APAC On The Move_APAC PR_FINAL

GlobeNewswire Distribution ID 1000809412

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm reminds purchasers of the securities of Marathon Digital Holdings, Inc. (NASDAQ: MARA) between May 10, 2021 and February 28, 2023, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Marathon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Marathon class action, go to https://rosenlegal.com/submit-form/?case_id=3108 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 30, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding Marathon’s business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) Marathon overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (2) as a result, Marathon’s revenues and cost of revenue were materially misstated during the Class Period; (3) the foregoing, once revealed, was reasonably likely to have a material negative impact on Marathon’s financial condition; and (4) as a result, Marathon’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Marathon class action, go to https://rosenlegal.com/submit-form/?case_id=3108 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8837636

— Total revenue of $6.3M in 1QFY23

— BioXp® franchise revenue increased by 28%

SAN DIEGO, May 11, 2023 (GLOBE NEWSWIRE) — Telesis Bio Inc. (NASDAQ: TBIO), a leader in automated multi-omic and synthetic biology solutions, today reported financial results for the first quarter of 2023.

“We are pleased with our company’s performance this quarter where we delivered 28% growth year over year in BioXp franchise revenue while improving gross margins and holding operating expenses steady,” said Todd R. Nelson, PhD, CEO, and founder of Telesis Bio. “We believe we are still in the early stages of adoption within our targeted workflows and our value proposition to researchers will continue to increase. Our positive results are a testament to the thoughtful planning and the steady execution of our team. We remain laser focused on operating expenses as we move towards a time where we can become a profitable company.”

Highlights

Continued to execute its commercial strategy:

• Successful on-time launch of three novel BioXp® Select kits providing scientists the flexibility to adapt the BioXp System to their process and begin with their own materials.
  • BioXp® Select mRNA Synthesis Kit allows customers to synthesize mRNA in just hours using DNA that they bring to the system to streamline and accelerate discovery workflows in mRNA therapeutics, vaccines, and precision medicine.
  • BioXp® Select DNA Cloning and Amplification Kit and the BioXp® Select Plasmid Amplification Kit provide scientists the ability to initiate experiments with their own plasmid or linear DNA fragments and perform automated cell-free DNA amplification and scale-up, particularly in antibody engineering, protein engineering, and cellular immunotherapy.
• Progress on development of other higher margin products previously announced.

Delivered operational milestones, including:

• Relocation to consolidated headquarters in San Diego to execute programs to expand gross margin including insourcing initiatives related to raw materials and vertical Integration of instrument manufacturing.
• Commercial delivery of BioXp kits incorporating oligos from our in-house proprietary oligo production operation.
• Accomplishments to support the shipping of its first internally manufactured BioXp system in the third quarter.

The company’s expectation is that these insourcing efforts will be substantially completed by year-end and that full financial benefit will be realized in 2024.

First Quarter 2023 Financial Results

Revenue was $6.3 million for the first quarter 2023, a 12.1% increase from $5.6 million for the same period in the prior year. This growth was primarily driven by product sales from new product introductions, including the BioXp 9600.

Cost of revenue for the first quarter 2023 was $2.81 million, compared to $2.86 million for the same period in the prior year. The decrease of $0.05 million, despite the increase in revenues was primarily driven by a change in product mix with the launch of the higher margin 9600 system during the latter half of 2022, and the sale of kits with higher average margins.

Gross margin for the first quarter 2023 was 55.6%, compared to 49.3% for the same period in the prior year. The favorable change reflects the positive mix shift in revenue from recently launched products including the BioXp 9600 system, as well as new kits for mRNA, long fragment builds, and cell free DNA scale-up.

Operating expenses were $14.5 million for the first quarter 2023, compared to $15.6 million for the same period in the prior year. This decrease is primarily a result of prudent cost-cutting decisions made a year ago in Q2 2022 to focus the team on the most profitable and near-term opportunities.

Net loss was $11.1 million for the first quarter 2023, compared to a loss of $13.2 million in the same period in the prior year. Net loss per share was $0.37 for the fourth quarter of 2022, compared to $0.45 for the corresponding prior year period.

Cash and cash equivalents were $32.2 million as of March 31, 2023.

Webcast and Conference Call Information

Company management will host a conference call today, Thursday, May 11, 2023, at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss the financial results and other recent corporate highlights.

The press release and live audio webcast can be accessed via the Investor section of Telesis Bio’s website at ir.telesisbio.com and the conference call can be accessed live by pre-registering here: https://register.vevent.com/register/BIf9b7641fab2948fca7b1ec1d400ceec4. Please log in approximately 5-10 minutes before the event to ensure a timely connection. The archived webcast will remain available for replay on our website for 30 days.

About Telesis Bio
Telesis Bio is empowering scientists with the ability to create novel, synthetic biology-enabled solutions for many of humanity’s greatest challenges. As inventors of the industry-standard Gibson Assembly® method and the first commercial automated benchtop DNA and mRNA synthesis system, Telesis Bio is enabling rapid, accurate and reproducible writing of DNA and mRNA for numerous downstream markets. The award-winning BioXp® system consolidates, automates, and optimizes the entire synthesis, cloning and amplification workflow. As a result, it delivers virtually error-free synthesis of DNA and RNA at scale within days and hours instead of weeks or months. Scientists around the world are using the technology in their own laboratories to accelerate the design-build-test paradigm for novel, high-value products for precision medicine, biologics drug discovery, vaccine and therapeutic development, genome editing, and cell and gene therapy. Telesis Bio is a public company based in San Diego. For more information, visit www.telesisbio.com.

Telesis Bio, the Telesis Bio logo, Gibson Assembly, and BioXp are trademarks of Telesis Bio Inc.

Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts contained herein are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include statements and guidance regarding Telesis Bio’s future financial performance as well as statements regarding the future release and success of new and existing products and services. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties, many of which are beyond our control, include risks described in the section entitled Risk Factors and elsewhere in our Annual Report on Form 10-K, which was filed with the Securities and Exchange Commission on March 22, 2023, as amended on May 1, 2023. These forward-looking statements speak only as of the date hereof and should not be unduly relied upon. Telesis Bio disclaims any obligation to update these forward-looking statements.

Contact:
Jen Carroll
Vice President of Investor Relations
jen.carroll@telesisbio.com

Telesis Bio Inc.
Selected Statements of Operations Financial Data
(in thousands, except per share amounts)
(unaudited)
	Three Months Ended  March 31,
	2023				2022
Revenue:
Product sales	$	3,001			$	2,423
Service revenue		1,674				1,705
Collaboration revenue		962				962
Royalties and other revenue		679				546
Total revenue		6,316				5,636
Cost of revenue		2,805				2,858
Gross Profit		3,511				2,778
Operating expenses:
Research and development		5,121				6,305
Sales and marketing		3,807				3,546
General and administrative		5,554				5,790
Total operating expenses		14,482				15,641
Loss from operations		(10,971	)			(12,863	)
Interest expense, net		(249	)			(336	)
Change in fair value of derivative liabilities		140				23
Other expense, net		(36	)			(12	)
Provision for income taxes		(3	)			(6	)
Net loss	$	(11,119	)		$	(13,194	)
Net loss per share, basic and diluted	$	(0.37	)		$	(0.45	)
Weighted average common shares used to compute net loss per share, basic and diluted		29,663,006				29,331,325

Telesis Bio Inc.
Selected Balance Sheet Financial Data
(in thousands)
(unaudited)
	March 31,				December 31,
	2023				2022
Balance Sheet Data:
Cash, restricted cash, cash equivalents and short-term investments	$	32,242			$	43,753
Working capital		31,699				41,594
Total assets		89,162				81,362
Total liabilities		52,543				34,797
Accumulated deficit		(124,860	)			(113,741	)
Total stockholders’ equity		36,619				46,565

GlobeNewswire Distribution ID 8837724