Arix also noted that its portfolio company Aura Biosciences, today announced the closing of an oversubscribed US$80mln financing, following strong interest from leading global investors. Arix retains a 5.6% ownership stake.
Samarkand Group PLC (LON:SMK) made a healthy start to trading on its first day of dealings on the Aquis Exchange.
EQTEC PLC (LON:EQT) and MetalNRG PLC (LON:MNRG) have signed a framework partnership agreement to develop sustainable green energy projects. In a separate announcement, EQTEC said 2021 is forecast to be its first year of profitability as the company said it is targeting “considerable” sales growth from its European projects.
4D pharma PLC (LON: DDDD) has passed a “transformational milestone” following the completion of its merger with US investment vehicle Longevity Acquisition Corporation, according to chief executive Duncan Peyton.
Futura Medical PLC (LON:FUM) has agreed with the US Food and Drug Administration (FDA) on the protocol for a small confirmatory clinical study of MED3000, the company's treatment for erectile dysfunction.
Faron Pharma PLC (LON:FARN) said Part II of a trial for its precision cancer drug shows significant efficacy signals while it was also advised to increase the dosing frequency.
Helium One Global Ltd (LON:HE1) has appointed Mitchell Drilling Ltd as drilling contractor for the company's maiden three well exploration programme on its Rukwa project in Tanzania. Mitchell Drilling will mobilise a drill rig from Tanzania and work is anticipated to start in mid-May.
CentralNic Group PLC (LON:CNIC) said it has been awarded a significant project by Jisc, a UK non-profit that supports higher and further education and research, to support critical UK domain infrastructure.
Coinsilium Group Limited (LON:COIN) (OTCQB:CINGF) has provided a progress update on the launch of its Nifty Labs Ltd subsidiary, which in early March entered into a Memorandum of Understanding (MOU) with Singaporean firm Indorse to form a joint venture to launch a non-fungible token (NFT) technology development studio.
MGC Pharmaceuticals Limited (LON:MXC) (ASX:MXC) shares moved higher on Monday after it said it has received Ethics Committee approvals from the Rambam Health Care Campus and the Nazareth Hospital EMMS in Israel for Phase III clinical trials of its CimetrA treatment on patients diagnosed with coronavirus (COVID-19).
Caledonia Mining Corporation PLC (LON:CMCL, NYSE:CMCL) posted higher underlying profit for 2020 on record production and higher gold prices. EBITDA rose to US$43.3mln, from US$29.9mln in 2019, as revenue jumped by a third to US$100mln.
Shield Therapeutics PLC (LON:STX) said Hans-Peter Rudolf is joining Shield's senior executive team as the chief financial officer (CFO) with immediate effect. Rudolf is a Swiss national with extensive international experience, particularly in the US.
Plant Health Care PLC (LON:PHC) chief executive, Christopher Richards, and chief operating officer, Jeffrey Tweedy, will provide a live presentation via the Investor Meet Company platform on 26 March, 2021, at 2pm GMT. Questions can be submitted pre-event or any time during the live presentation.
FastForward Innovations Ltd (LON:FFWD) has highlighted an announcement that its investee Yooma Wellness Inc, in which it holds a 5.1% stake, has acquired Socati Corp, a US-based maker and seller of cannabinoid ingredients and consumer products.