Month: December 2019

PALO ALTO, Calif. and TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Inpixon (Nasdaq: INPX), a leading indoor data company that specializes in delivering indoor intelligence, provided the following business update from the Company’s CEO, Nadir Ali:“As we close out both a very busy 2019 and a decade of innovation, I’d like to reflect on the past year and also take this opportunity to share my vision for the future at Inpixon, especially given all the positive developments.A Year of GrowthThe year 2019 was full of achievements for our team. In February, we were pleased to be named by Gartner, a highly respected technology analyst, in their Magic Quadrant for indoor location services, worldwide. This is a significant recognition of our platform and enhancements, as this past year we focused on interoperability and integration,...

MariMed’s Consolidation of Cannabis Businesses on trackGenCanna Successfully Completes Largest Hemp Harvest in USGenCanna Begins Processing of over 14 million pounds of CBD-rich BiomassMariMed Hemp Marketing CBD Infused Products to RetailersNORWOOD, Mass., Dec. 31, 2019 (GLOBE NEWSWIRE) — MariMed Inc. (MRMD:OTCQX), a leading multi-state cannabis and hemp operator focused on health and wellness, announced today that MariMed and GenCanna Global, Inc. (owned 33.5% by MariMed) are both expecting increased revenues in 2020. MariMed’s plan to consolidate the cannabis license companies it developed and manages is on track heading into 2020. To date, the Company has received state approval and has completed the transfer of licenses in Massachusetts and Illinois and approval from the State of Nevada is imminent. Massachusetts...

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining31 December 2019Vast Resources plc(“Vast” or the “Company”)Exercise of Warrants and Issue of EquityIn line with its regulatory obligations, Vast Resources plc, the AIM-listed mining company, announces that, pursuant to the issue of warrants to subscribers to the open offer completed on 1 August 2016 (the “Open Offer Warrants”), holders of Open Offer Warrants have elected to exercise 260,629 Open Offer Warrants.  Each Open Offer Warrant entitles the holder to one ordinary share of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 0.5 pence per Ordinary Share.  Notice of exercise of the Warrants was received by Vast on 30 December 2019.  Accordingly, the Company has today issued 260,629 new...

NEW YORK, Dec. 31, 2019 (GLOBE NEWSWIRE) — National Holdings Corporation (NASDAQ: NHLD) (“National” or the “Company”), a leading full service independent brokerage, investment banking, trading and asset management firm providing diverse services including tax preparation, today announced its financial results for the 2019 fiscal year.Financial Highlights:Revenue of $57.4 million in Q4 2019, up $12.9 million, or 29%, from $44.5 million recognized in Q4 2018.Net Income attributable to common shareholders of $0.8 million in Q4 2019, up $2.8 million, from ($2.0) million in Q4 2018.Record revenue of $212.9 million in fiscal 2019, up $1.8 million, from $211.1 million recognized in fiscal 2018.Investment banking continued to produce record results, generating $69.7 million of revenue in fiscal 2019, versus a then...

CAMPBELL, Calif., Dec. 31, 2019 (GLOBE NEWSWIRE) — VIVUS, Inc. (Nasdaq: VVUS) (the “Company”), a biopharmaceutical company, today announced that on December 30, 2019 its board of directors adopted a new stockholder rights plan to replace the Company’s stockholder rights plan that expired in accordance with its terms on November 9, 2019.Under the new rights plan, the terms of which are substantially similar to the terms of the Company’s prior rights plan, VIVUS will issue a dividend of one right for each share of its common stock held by stockholders of record as of the close of business on January 13, 2020.The new rights plan is designed to protect stockholder value by mitigating the likelihood of an “ownership change” that would result in significant limitations on the Company’s ability...

NEW YORK and TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), the leader in augmented reality (AR) for eCommerce, learning applications, and branded entertainment experiences is pleased to announce a new customer relationship with Weby Corp., a multi-brand eCommerce dealer for hunting, shooting, camping, hiking, skiing, and running gear. Weby Corp will utilize NexTech’s end-to-end augmented reality eCommerce platform to enhance customer-product engagement and to drive increased multi-channel sales for the brands it represents.“At the core, Weby Corp is built on relationships. We see our relationships with the brands we sell as fundamental to our mutual success. We are the extension of the brand into the world of our customers. Brands trust us with their equity...

DALLAS, Dec. 31, 2019 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that Primoris Director Carla Mashinski has been named to the WomenInc. magazine’s 2019 list of Most Influential Corporate Directors in its Winter 2019 edition. WomenInc.’s Most Influential Corporate Directors issue is a comprehensive listing of female directors, executives, influencers and achievers who are currently contributing leadership to corporate boards.CEO Tom McCormick stated, “Carla has been a valuable addition to the Board since she joined in March 2019. The professionalism and experience she brings to the Board benefits all Primoris shareholders. We are pleased to see her receive this well-deserved recognition for her achievements,...

COPENHAGEN, Denmark, December 31, 2019 – Bavarian Nordic A/S (OMX: BAVA, OTC: BVNRY) today announced that it has completed the acquisition of the manufacturing and global rights1 to the two commercial vaccines, Rabipur®/RabAvert® and Encepur®, from GlaxoSmithKline plc (GSK), announced on October 21, 2019.Upon closing, Bavarian Nordic has made an upfront payment to GSK of EUR 307.6 million. This amount has been adjusted by EUR 6.6 million due to variance between the currently and the previously estimated inventory at December 31, 2019. The upfront payment is initially financed using the Company’s existing cash and bridge financing provided by Citi and Nordea.As previously announced, to support the acquisition, including repayment of the bridge financing, the Company has planned a rights issue of approximately EUR...