Latest news with #JunHayakawa
Yahoo
4 days ago
- Business
- Yahoo
Spectral Medical Inc. Announces Results of Annual Meeting of Shareholders
TORONTO, June 06, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. ("Spectral" or the "Company") (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced the results of its Annual Meeting of shareholders (the "Shareholders") held yesterday on June 5, 2025 (the "Meeting"). The Company confirms that all resolutions put forward in the Management Information Circular dated April 17, 2025 (the "Circular") to its Shareholders were approved. Results of the matters voted on at the Meeting are set out below. Election of Directors Spectral's seven director nominees were elected: Nominee Votes For (percent) Votes Withheld (percent) Jan D'Alvise 99.78% 0.22% Jun Hayakawa 99.79% 0.21% Chris Seto 89.39% 10.61% William Stevens 99.50% 0.50% Paul Walker 97.67% 2.33% David W. Feigal, Jr. 99.67% 0.33% Cristiano Franzi 99.78% 0.22% Appointment of Auditors MNP LLP, Chartered Accountants, was re-appointed as auditor of Spectral. Votes For: 99.95% Votes Withheld: 0.05% About Spectral Spectral is a Phase 3 company seeking U.S. FDA approval for its unique product for the treatment of patients with septic shock, Toraymyxin™ ('PMX'). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company's FDA cleared Endotoxin Activity Assay (EAA™), the clinically available test for endotoxin in blood. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively over 360,000 times to date. In March 2009, Spectral obtained the exclusive development and commercial rights in the U.S. for PMX, and in November 2010, signed an exclusive distribution agreement for this product in Canada. In July 2022, the U.S. FDA granted Breakthrough Device Designation for PMX for the treatment of endotoxic septic shock. Approximately 330,000 patients are diagnosed with septic shock in North America each year. The Tigris Trial is a confirmatory study of PMX in addition to standard care vs standard care alone and is designed as a 2:1 randomized trial of 150 patients using Bayesian statistics. Endotoxic septic shock is a malignant form of sepsis The trial methods are detailed in 'Bayesian methods: a potential path forward for sepsis trials'. Spectral is listed on the Toronto Stock Exchange under the symbol EDT. For more information, please visit statement Information in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of the future outlook of Spectral and anticipated events or results, are assumptions based on beliefs of Spectral's senior management as well as information currently available to it. While these assumptions were considered reasonable by Spectral at the time of preparation, they may prove to be incorrect. Readers are cautioned that actual results are subject to a number of risks and uncertainties, including the company's ability to raise capital and the availability of funds and resources to pursue R&D projects, the recruitment of additional clinical trial sites, the rate of patient enrollment, the successful and timely completion of clinical studies, the success of Baxter's commercialization efforts, the ability of Spectral to take advantage of business opportunities in the biomedical industry, the granting of necessary approvals by regulatory authorities as well as general economic, market and business conditions, and could differ materially from what is currently expected. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this statement. For further information, please contact: Ali MahdaviCapital Markets & Investor RelationsSpinnaker Capital Markets Inc.416-962-3300am@
Cision Canada
6 days ago
- Business
- Cision Canada
Enfinity Global Sells Minority Stakes in 380 MW Energy Storage Projects in the US and Italy to Daiwa Energy & Infrastructure
MIAMI, June 4, 2025 /CNW/ -- Enfinity Global Inc., a leading renewable energy company, has sold c. 49% minority interest in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Daiwa Energy & Infrastructure Ltd. (DEI), an alternative asset management arm of Daiwa Securities Group Inc., one of leading financial institutions in Japan. Enfinity Global retains c. 51% controlling stake and will be responsible for completing the development and construction, as well as serving as the long-term asset manager for both projects. The first project, located in the USA in the Houston zone of ERCOT, is a 250 MW BESS with a two-hour duration and 500 MWh capacity. The second project, located in the Veneto region of Italy, is a 130 MW BESS with a four-hour duration and 520 MWh capacity. Both projects are expected to begin operations by 2027. The global collaboration between Enfinity and Daiwa on these two projects will help strengthen grid resilience and support the growing power demands of data centers, artificial intelligence, and industrial electrification in both the USA and Italy. "We are honored to partner with Daiwa Energy & Infrastructure, one of Japan's leading financial institutions, to bring new investments to the USA and Italy," said Carlos Domenech, CEO of Enfinity Global. "This is a win-win outcome and creates a demonstrable case study; strengthening the grid capabilities, accelerating powering of reliable competitive clean energy for customers, cross-border capital investments at attractive returns, and bringing the best global solutions by long-term responsible sponsors." "With the current favorable environment for energy storage worldwide, driven by increasing renewable power generation capacity and robust electricity demand led by data centers, we believe this partnership represents a significant step for DEI to further expand its renewables and storage portfolio on a global scale. Enfinity Global is an outstanding partner and is well positioned to capitalize on the rapidly growing renewables and energy storage markets around the world," commented Jun Hayakawa, Deputy President of DEI. "We are pleased to be able to bring in Daiwa Energy & Infrastructure as a capital partner to our BESS projects in the US and Italy. Bringing long-term, like-minded investors as shareholders in our global portfolios is central to our capital formation strategy to accelerate growth and optimize returns", commented Ricardo Diaz, Global Head of Capital of Enfinity Global and General Manager for Americas. Enfinity Global is a fast-growing U.S.-based independent power producer (IPP) with a globally diversified portfolio of 35.5 GW, including 20.9 GW of solar and wind projects and 14.6 GW of battery energy storage systems (BESS). The company currently has 1.1 GW of operational assets and an additional 1.2 GW under construction. Enfinity was supported by Winston & Strawn and DLA Piper as legal counsel on this transaction. Daiwa Energy & Infrastructure was advised by & Sutcliffe, Ensight Energy Consulting, and Ernst & Young.
Yahoo
6 days ago
- Business
- Yahoo
Enfinity Global Sells Minority Stakes in 380 MW Energy Storage Projects in the US and Italy to Daiwa Energy & Infrastructure
MIAMI, June 4, 2025 /PRNewswire/ -- Enfinity Global Inc., a leading renewable energy company, has sold c. 49% minority interest in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Daiwa Energy & Infrastructure Ltd. (DEI), an alternative asset management arm of Daiwa Securities Group Inc., one of leading financial institutions in Japan. Enfinity Global retains c. 51% controlling stake and will be responsible for completing the development and construction, as well as serving as the long-term asset manager for both projects. The first project, located in the USA in the Houston zone of ERCOT, is a 250 MW BESS with a two-hour duration and 500 MWh capacity. The second project, located in the Veneto region of Italy, is a 130 MW BESS with a four-hour duration and 520 MWh capacity. Both projects are expected to begin operations by 2027. The global collaboration between Enfinity and Daiwa on these two projects will help strengthen grid resilience and support the growing power demands of data centers, artificial intelligence, and industrial electrification in both the USA and Italy. "We are honored to partner with Daiwa Energy & Infrastructure, one of Japan's leading financial institutions, to bring new investments to the USA and Italy," said Carlos Domenech, CEO of Enfinity Global. "This is a win-win outcome and creates a demonstrable case study; strengthening the grid capabilities, accelerating powering of reliable competitive clean energy for customers, cross-border capital investments at attractive returns, and bringing the best global solutions by long-term responsible sponsors." "With the current favorable environment for energy storage worldwide, driven by increasing renewable power generation capacity and robust electricity demand led by data centers, we believe this partnership represents a significant step for DEI to further expand its renewables and storage portfolio on a global scale. Enfinity Global is an outstanding partner and is well positioned to capitalize on the rapidly growing renewables and energy storage markets around the world," commented Jun Hayakawa, Deputy President of DEI. "We are pleased to be able to bring in Daiwa Energy & Infrastructure as a capital partner to our BESS projects in the US and Italy. Bringing long-term, like-minded investors as shareholders in our global portfolios is central to our capital formation strategy to accelerate growth and optimize returns", commented Ricardo Diaz, Global Head of Capital of Enfinity Global and General Manager for Americas. Enfinity Global is a fast-growing U.S.-based independent power producer (IPP) with a globally diversified portfolio of 35.5 GW, including 20.9 GW of solar and wind projects and 14.6 GW of battery energy storage systems (BESS). The company currently has 1.1 GW of operational assets and an additional 1.2 GW under construction. Enfinity was supported by Winston & Strawn and DLA Piper as legal counsel on this transaction. Daiwa Energy & Infrastructure was advised by Orrick Herrington & Sutcliffe, Ensight Energy Consulting, and Ernst & Young. SOURCE Enfinity Global
