Financial Results and Announcements
111, Inc. (NASDAQ: YI) has released its Q3 2024 financial results, marking operational profitability for the third consecutive quarter. The company reported net revenues of RMB3.6 billion and achieved income from operations of RMB2.4 million, reversing losses seen last year. A reduction in operating expenses by 23.2% contributed to sustained positive cash flow. Read More
Prenetics Global reported strong Q3 2024 results with revenue growing 59.4% year-over-year to $7.8 million and 30.9% sequentially. Gross profit increased 138.6% to $3.9 million, with gross margin improving to 50.8%. Read More
Windtree Therapeutics (NASDAQ: WINT) reported Q3 2024 financial results and key updates. The company announced positive Phase 2b results for istaroxime in early cardiogenic shock, showing significant improvements in cardiac function and blood pressure. The company completed two private placements for $13.9 million and secured a $35 million equity line agreement. Read More
iClick Interactive Asia Group reported unaudited financial results for H1 2024. Total revenue from continuing operations decreased 16% to US$14.2 million. Marketing Solutions revenue declined 26% to US$9.3 million, while Enterprise Solutions revenue grew 13% to US$4.9 million. The company's gross margin improved to 56.9% from 54.6% year-over-year. Net loss from continuing operations significantly improved to US$1.3 million from US$10.3 million in H1 2023. Read More
Mergers, Acquisitions, and Strategic Moves
Vista Outdoor (NYSE: VSTO) has completed the sale of The Kinetic Group to Czechoslovak Group (CSG), following stockholder approval. Under the agreement, Vista Outdoor stockholders will receive $25.75 in cash and one share of Revelyst common stock for each VSTO share. Read More
Pony.ai, a global leader in autonomous driving technology, has successfully completed its IPO on the Nasdaq Global Select Market under the symbol PONY. The company offered 20 million American Depository Shares at $13.00 per share, raising approximately $260 million. Read More
FCPT announced the acquisition of five Outback Steakhouse properties for $19.7 million. The properties, purchased from the same seller as the previous Bloomin' Brands 19-property portfolio deal in August 2024, are situated in prime retail locations across Texas, Florida, and Missouri. Read More
Technological Advancements and New Developments
Qualcomm Technologies' senior director of AI product management, Dr. Chirag Patel, shares insights into his 18-year journey at the company and his transition from wireless to AI technology. With over 750 patents granted globally, Patel leads the generative AI technology portfolio. Read More
WiMi Hologram Cloud (NASDAQ: WIMI) announced the development of a blockchain sharding storage model optimized for multi-view data storage. Read More
Compugen (NASDAQ: CGEN) expanded its IP portfolio with a new patent covering a triple combination therapy. Read More
Camtek (NASDAQ: CAMT) has secured orders exceeding $50 million for its new Hawk product line. Read More
Corporate Updates and Leadership Changes
AIM ImmunoTech issued a statement refuting claims made by an activist investor group regarding their attempt to take control of the company's Board of Directors, specifically addressing false claims about historical share prices. Read More
Red Cat Holdings (NASDAQ: RCAT) promoted Geoffrey Hitchcock to Chief Revenue Officer, overseeing all revenue-generating operations globally and focusing on partnerships and market expansion. Read More
WW International (NASDAQ: WW) appointed Felicia DellaFortuna as CFO amid efforts to steer the company through an industry-wide transformation phase. Read More
Data I/O announced organizational changes effective December 1, 2024, following the appointment of William Wentworth as CEO. Read More
Marina Savelli, a veteran at Cummins Inc., has been appointed as Vice President of the Engine Business Off-Highway Markets, leveraging her extensive global leadership experience. Read More
Market Trends and Exploration
Nova Minerals identified significant gold deposits at its Estelle Gold Project, extending its exploration potential in Alaska. Read More
Agenus (NASDAQ: AGEN) has secured a $22 million mortgage backed by its Berkeley and Vacaville properties and announced a Strategic Operational Realignment Plan to reduce FY 2025 cash burn. Read More
Redfin (NASDAQ: RDFN) reports a significant 12.1% year-over-year increase in U.S. pending home sales during the four weeks ending November 24. Read More
Nasdaq Compliance and Notifications
OneMedNet (NASDAQ: ONMD) has received a notice from Nasdaq due to failing to file its Form 10-Q for Q3 2024 on time, following previous delays. They must submit an updated compliance plan by December 6, 2024. Read More
Digital Ally (NASDAQ: DGLY) received a delinquency notification for delayed filing of its Q3 2024 Form 10-Q and must submit a compliance plan by January 24, 2025. Read More
Xcel Brands (NASDAQ: XELB) received a similar notification on November 25, 2024, and must submit a plan within 60 days. Read More
American Rebel Holdings (NASDAQ: AREBW) received notice for late filing on November 22, 2024, with a submission deadline of January 21, 2025. Read More
Celularity (Nasdaq: CELU) also faced compliance issues due to delayed filing, with plans due by January 20, 2025. Read More
Miscellaneous Developments
Applied Therapeutics (NASDAQ: APLT) received a Complete Response Letter from the FDA for its New Drug Application for govorestat, citing clinical deficiencies. The company plans to meet with the FDA to discuss resubmission. Read More
Primech Holdings (Nasdaq: PMEC) received a 180-day extension to regain compliance with the Nasdaq minimum bid price requirement. Read More
OneStream (Nasdaq: OS) announced the full exercise of the underwriters' option to purchase additional shares in a secondary offering, impacting stockholder dynamics. Read More
Sandstorm Gold Royalties (NYSE: SAND) provided updates on several key assets, including the Robertson mine and Aurizona. Read More
Ostin Technology Group (Nasdaq: OST) held an Extraordinary General Meeting, approving key resolutions including a share consolidation and new auditor appointment. Read More
