Small Caps News
Cambridge Cognition wins contracts for two clinical trials
Brain health technology company Cambridge Cognition has been awarded contracts for two clinical trials by an unnamed “top 20” pharmaceutical company, it announced on Monday, to assess the pro-cognitive effects of a new drug in schizophrenia.
Bens Creek upbeat on results of coal analysis
North American metallurgical coal miner Bens Creek announced the results of the initial quality analysis of its stock of metallurgical coal on Monday, following the start of production in December at its West Virginia site.
Quartix earnings set to be 'substantially ahead' of forecasts
Subscription-based vehicle tracking technology company Quartix Technologies said in a trading update on Monday that it expects revenue and free cash flow to be in line with consensus market forecasts for 2021, at £25. 6m and £3. 8m, respectively.
Frenkel Topping acquires Cardinal Management for initial £5m payment
Professional and financial services company Frenkel Topping announced the acquisition of Cardinal Management on Monday, for a total possible consideration of £10m in cash.
Microsaic revenues set to 'significantly exceed' 2020 levels
Spectrometry instrument technology company Microsaic Systems said in a trading update on Monday that revenues for 2021 “significantly exceeded” 2020, recovering to a level “slightly ahead” of the pre-pandemic benchmark in 2019.
ITM Power gets funding as part of German federal hydrogen project
ITM Power announced on Monday that its wholly-owned subsidiary ITM Power GmbH has been approved for a €1. 95m award for the ‘SINEWAVE’ project, as part of the German Ministry of Education and Research’s (BMBF) hydrogen flagship project ‘H2Giga’.
Shares plummet as Avacta pauses sale of lateral flow tests
Avacta Group has suspended sales of its antigen lateral flow tests, causing the AIM-listed firm’s share price to plummet.
Audioboom delivers maiden FY EBITDA in 2021
Podcast company Audioboom said on Monday that it had delivered a "strong performance" in 2021, with the company exceeding market expectations once again.
Nightcap upbeat despite Covid hit
Shares in Nightcap sparked on Monday after the bar operator struck an upbeat note despite the Christmas trading period being heavily disrupted by the pandemic.
Begbies Traynor acquires Daniells Harrison Surveyors
Corporate restructuring specialist Begbies Traynor said on Monday that it had acquired English chartered surveyors firm Daniells Harrison Surveyors for a maximum consideration of £3. 25m in cash and shares.
IOG to temporarily relocate Hans Deul rig as seabed conditions compromise stability
UK gas and infrastructure operator IOG said on Monday that drilling operations had continued at its Southwark asset since the first development well was spudded on 30 December but cautioned that the Noble Hans Deul rig had experienced "an increasing challenge", with seabed conditions that could compromise rig stability.