Tag: Agreement

B2Digital Signs Agreement to Acquire Two Premier Fitness Facilities to Expand Official B2 Training Facilities Network

Tampa, FL, Sept. 17, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to announce that the Company has signed an agreement to acquire two additional premier fitness facilities in Merrillville and Valparaiso, Indiana. 

“We are looking forward to expanding our B2 Training Facilities Network to these two new locations,” noted Greg P. Bell, Chairman & CEO of B2Digital. “They will allow us to capitalize on our existing relationships with the local MMA gyms and effectively double our paying customer base overnight for our ONE More Gym business. These two new fitness facilities fit perfectly within our strategic roadmap to continue expanding our capability to develop future MMA stars. We plan on duplicating our existing ONE More Gym business model – that we perfected in our first location – into these two new facilities.

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SOLiD and WTG Marketing Establish an Exclusive Sales and Business Development Agreement

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3 “Strong Buy” Healthcare Stocks With Major Catalysts Approaching

Reflecting the ultimate risk and reward, healthcare stocks are capable of delivering big returns at what feels like the drop of a hat, but investors need to be prepared for big risk, too.Unlike companies in other sectors, the survival of many healthcare players, especially when they are in the early stages, hinges on only clinical trials of their therapies or products in development and regulatory rulings, with updates on either front acting as catalysts that can send shares in either direction.So, any piece of good news can propel shares to sky-high levels. Disappointing outcomes, however, can send investors running for the hills.Given the inherently volatile nature of the space, due diligence is necessary before making investment decisions. That’s where the Wall Street pros can lend a hand, as they know the ins and outs of the industry.Bearing this in mind,

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CMAB Biopharma and Laekna Therapeutics Enter Strategic Agreement for LAE005 Global Development and Commercialization Partnership

SUZHOU, China, Sept. 10, 2020 /PRNewswire/ — CMAB Biopharma (Suzhou) Inc. (“CMAB”), and Laekna Therapeutics Shanghai Co., Ltd. (“Laekna Therapeutics”), today announced a strategic collaboration agreement in Suzhou BioBAY for speedup of Immune Checkpoint Inhibitor (ICI) drug candidate to the clinical trial and future commercialization.

According to the agreement, CMAB will provide a full spectrum of CMC services based on the recognized global quality standards for Laekna Therapeutics’ anti-PD-L1 antibody (LAE005). Services to be provided by CMAB include technology transfer, process development, GMP clinical drug substance and drug product manufacturing to support IND filing in China and in the US. These services will facilitate the global development and future commercialization of LAE005.

Laekna Therapeutics is a biotechnology innovation company focusing on the research and development of new generation of small molecules for target therapy and antibodies in the field of oncology and liver diseases. In February 2020, Laekna

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Nova Leap Health Corp. Announces Execution of Definitive Agreement to Acquire Home Care Business in South Central U.S.

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HALIFAX, Nova Scotia, Sept. 08, 2020 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a 2019 TSX Venture 50™ ranked company focused on the home health care industry, is pleased to announce that it has executed a definitive agreement (the “Agreement”), dated September 4, 2020, to acquire a home care services company (“the Target”) located in the South Central region of the United States. The Target reported unaudited revenues of approximately $1.032 million and EBITDA of approximately $66,000 for the year ended December 31, 2019. All amounts are in United States Dollars (“USD”) unless otherwise specified.

Under the terms of the Agreement, the acquisition is to be made for total consideration of $250,000 of which $200,000 is payable with cash on closing and $50,000 is by way of a promissory

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MassMutual enters into definitive agreement for Empower Retirement to acquire its retirement plan business

MassMutual announced on Tuesday that its retirement plan business is being acquired by Colorado-based Empower Retirement.

Based on the terms of the definitive agreement and subject to regulatory approvals, Empower will acquire the retirement plan business of MassMutual in a reinsurance transaction for a ceding commission of $2.35 billion. In addition, the balance sheet of the transferred business would be supported by $1 billion of required capital when combined with Empower’s existing U.S. business.

In a joint statement the companies said the acquisition will capitalize on both firms’ expertise, provide technological excellence and deep product capabilities, and create scale to the benefit of retirement plan participants and their employers.

“In Empower, we are pleased to have found a strong, long-term home for MassMutual’s retirement plan business, and believe this transaction will greatly benefit our policy owners and customers as we invest in our future growth and accelerate progress on our

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Xinhua Silk Road: Master Kong signs agreement with CSF to launch space instant food

BEIJING, Sept. 6, 2020 /PRNewswire/ —

Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., on Wednesday signed an agreement with China Space Foundation (CSF) to launch China’s first kind of space instant noodles.

In the past three years of cooperation between the two sides, the CFS has injected aerospace elements into Master Kong’s corporate development, said Wu Jiexuan, chairman of the CSF, at the signing ceremony, adding that the two parties will strive to expand the scope for future cooperation and jointly contribute to China’s aerospace development.

James Wei, CEO of Master Kong, said that as a national brand, Mater Kong has always insisted on keeping pace with the country’s development, and it has vowed to contribute to the vigorous development of China’s aerospace industry based on the company’s development strategy.

The launch of space instant noodles is just a start. In the

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Gogo Announces Entry into Agreement to Sell its Commercial Aviation Business to Intelsat for $400 Million in Cash

Enhances Financial Flexibility and Positions Gogo to Accelerate Growth in Profitable Business Aviation Segment

CHICAGO, Aug. 31, 2020 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO) (“Gogo”) today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) (“Intelsat”) for $400 million in cash, subject to customary adjustments.

GogoLOGO. (PRNewsfoto/Gogo)
GogoLOGO. (PRNewsfoto/Gogo)

The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key economic stakeholders, as well as approval from the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division, to complete the acquisition. The transaction, which is expected to close before the end of the first quarter 2021, remains subject to customary closing conditions and certain regulatory approvals.

“Following a competitive strategic review process, we’re confident

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