FINWIRES · TerminalLIVE
FINWIRES

Birchtech Higher In US Premarket After Announcing End of All Remaining Attempts to Challenge Patents Under IPR Petition

By

Birchtech Corp. (NYSE American: BCHT and BCHT.TO), a player in specialty activated carbon technologies for sustainable air and water treatment, was higher in US premarket trade Wednesday after announcing tht filing of termination requests for all remaining Inter Partes Review (IPR) petitions filed against the company's core patents.

The final remaining entities involved in IPR proceedings have resolved their disputes with the company and have moved to bring a complete end to all previously filed third-party challenges to the validity of the company's patented SEA mercury emissions removal technology, it said.

No other active IPR proceedings remain. Every petition filed with the Patent Trial and Appeal Board (PTAB) to challenge Birchtech's patents has been dismissed, removed prior to institution, or resolved, the company added.

Shares in BCHT were up near 5% in Canada yesterday.

Related Articles

Mining & Metals

Shopify Board Approves Expanding Share Repurchase Program to US$5 Billion

Shopify (SHOP.TO, SHOP) rose 1.1$ in after-hours Nasdaq trading after the company on Tuesday said its board approved an additional US$3 billion share buyback authorization, increasing the company's total repurchase program to US$5 billion.As of June 1, Shopify had already repurchased about US$1.45 billion worth of shares under its existing authorization, according to the statement."Consistent operating cash flow, a balance sheet built for the long-term, and strong results quarter after quarter - these give us the ability to prioritize building products that drive merchant success while also returning capital to shareholders, especially during periods of market volatility, Chief Financial Officer Jeff Hoffmeister said.The company said it will continue buying back shares through pre-arranged trading programs and may make purchases in the open market or through private transactions. Shopify added that the program does not require it to repurchase a specific number of shares and can be changed, suspended, or ended at any time.The company's shares were last seen up US$1.30 to US$117.01 after hours. They closed down C$9.72 to C$161.95 on the Toronto Stock Exchange.

$SHOP$SHOP.TO
Mining & Metals

Imperial Equities Brief: Acquires a 4.55-Acre Industrial Parcel in West Edmonton for $3.4 Million

$IEI.V
Mining & Metals

Osisko Development Plans to Change its Name to Osisko Gold Group. Shareholders to Vote on the Change at Its June 23 AGM

$ODV$ODV.V