Day: May 6, 2020
Global pandemic and global quarantine are not always holding back business development. AB SNAIGĖ has implemented a long-cherished goal – to start the production of professional refrigeration equipment for business. The first products in this category – the block refrigeration systems (monoblocks) for cold rooms – ware already delivered to customers and have already received positive feedback.The block systems are wall-mounted refrigeration units for cooling or freezing, widely used for food storage in catering establishments, shops, agriculture, food processing companies.According to Mindaugas Sologubas, General Director of AB SNAIGĖ, the production of professional refrigeration equipment is one of the company’s strategic goals. “The production of professional refrigeration equipment will diversify SNAIGĖ’s...
AB SNAIGĖ pradėjo profesionalios šaldymo įrangos gamybą
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Ne visada pasaulinė pandemija ir visuotinas karantinas tampa stabdžiu įmonių vystyme. AB SNAIGĖ įgyvendino jau seniai puoselėtą tikslą – pradėjo profesionalios šaldymo įrangos gamybą verslui. Pirmieji šios kategorijos gaminiai – blokinės šaldymo sistemos (monoblokai) skirtos šaldymo kambariams iškeliavo pas klientus ir jau sulaukė teigiamų atsiliepimų.Blokinės šaldymo sistemos – tai šaldymo agregatai tvirtinami prie sienos, skirti patalpų vėsinimui ar šaldymui, plačiai naudojami maisto produktų sandėliavimui maitinimo įstaigose, parduotuvėse, žemės ūkio, maisto perdirbimo ir kt. įmonėse.Pasak AB SNAIGĖ generalinio direktoriaus Mindaugo Sologubo, profesionalios šaldymo įrangos gamyba yra viena iš bendrovės strateginių tikslų. „Profesionalios šaldymo įrangos gamyba diversifikuos SNAIGĖS produktų portfelį, kuris iki šiol buvo labai...
My Size, Inc. Announces $5.0 Million Public Offering
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AIRPORT CITY, Israel, May 06, 2020 (GLOBE NEWSWIRE) — My Size, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of smartphone measurement solutions, today announced that it has priced a public offering of an aggregate of 4,545,454 shares of common stock (or common stock equivalents) of the Company, together with an accompanying common warrant, at a public offering price of $1.10 per share and associated warrant. Each share of common stock (or common stock equivalent) was sold in the offering collectively with a common warrant to purchase one share of common stock expiring five years from the date of issuance. Each common warrant has an exercise price of $1.10.H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The gross proceeds to My Size from this offering...
Woodbridge International Closes Sale of Phoenix Loss Control to Konkordia Capital and AAVIN Private Equity
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NEW HAVEN, Conn., May 06, 2020 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Phoenix Loss Control, by Konkordia Capital and AAVIN Private Equity.Phoenix Loss Control, headquartered in Denver, Colorado helps utility, cable and telecommunications companies recover the costs of repairing damage to outside facilities and replacing damaged infrastructure. The Company, with a strong national client base, has gained a strong reputation for rapid and reliable recovery results.As part of the transaction, Andrew Czernecki, Managing Partner at Konkordia Capital, will assume the role of Chief Executive Officer at PLC. Mr. Czernecki said, “Together with AAVIN, we are very excited to begin this partnership and see PLC continue its success well into the...
Central Federal Bancshares, Inc. Announces Shareholder Approval of Merger with Southern Missouri Bancorp, Inc
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ROLLA, MISSOURI, May 06, 2020 (GLOBE NEWSWIRE) — Central Federal Bancshares, Inc. (CFDB) announced that at its shareholder meeting on May 5, 2020, shareholders approved the Agreement and Plan of Merger dated January 17, 2020 with Southern Missouri Bancorp, Inc. (NASDAQ: SMBC). Completion of the merger, subject to customary closing conditions, is currently targeted for late May 2020. Regulatory approval to proceed with the merger has been received.About Central FederalCentral Federal Savings and Loan Association of Rolla is a federally chartered savings association serving the financial needs of its customers in Phelps, Dent, Texas, Crawford, Pulaski and Maries counties in Missouri. It conducts business from its office in Rolla, Missouri.Information contained in this press release may be considered forward-looking in nature as defined...
Firsthand Technology Value Fund Announces Postponement of Annual Stockholder Meeting
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SAN JOSE, Calif., May 06, 2020 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly-traded venture capital fund, announced today that it has postponed its 2020 Annual Meeting of Stockholders (the “Annual Meeting”), which was scheduled to be held at 2:00 p.m., Pacific Time, on Wednesday, May 13, 2020.Santa Clara County, California, in conjunction with other local counties, recently extended its COVID-19-related shelter-in-place order, which restricts non-essential business operations, through May 31, 2020. The rescheduled Annual Meeting will be held on Thursday, July 2, at 2:00 p.m., Pacific Time, at the San Jose Marriott hotel, 301 S. Market Street, San Jose, CA 95113.As part of the Fund’s precautions regarding COVID-19, the Fund reserves the right to convert the Annual Meeting from an...
HP Inc. to Announce Second Quarter Fiscal 2020 Earnings on May 27, 2020
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PALO ALTO, Calif., May 06, 2020 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) will present a live audio webcast of a conference call to review financial results for the second fiscal quarter ended April 30, 2020 on Wednesday, May 27, 2020 at 5:00 p.m. ET / 2:00 p.m. PT.The webcast will be available at www.hp.com/investor/2020Q2Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year.About HP Inc. HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at hp.com.© Copyright 2020 HP Development Company, L.P. The information contained herein is subject...
Draganfly Completes Sale of its Sauce Video Technology Asset to Oracle
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Los Angeles, CA, May 06, 2020 (GLOBE NEWSWIRE) — Draganfly Inc. (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Vehicle (“UAV”), Remotely Piloted Aircraft Systems (“RPAS”), and unmanned vehicle sector (“UVS”), is pleased to announce that its wholly-owned subsidiary, Draganfly Innovations Inc., has sold its technology asset, Sauce Video, to Oracle Corporation, (NYSE: ORCL) a multinational computer technology corporation.The sale of this non-core asset provides Draganfly with non-dilutive capital for its ongoing core business objectives and operations. Sauce Video is a video content creation and sourcing solution that allows companies to collaborate with their employees, customers, and fans to create digital video content. Sauce...
Healthcare Integrated Technologies, Inc. Engages Intellectual Property Counsel
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Knoxville, Tennessee, May 06, 2020 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies, Inc. (“HITC”) is pleased to announce the addition of Jurgen Vollrath as its outside counsel for Intellectual Property (“IP”) to its growing team of professionals. Mr. Vollrath, who has spent the past 30 years working with technology firms ranging from startups to Fortune 100 companies, is recognized as a leading IP strategist. His previous experience includes leading National Semiconductor’s licensing, IP due diligence, and Trademarks teams, serving as managing partner of Arter & Hadden’s patent group, and holding the position of Chief IP Officer of SAP, where he secured its global cross license with Microsoft and positioned them to become the world leader in enterprise software. More recently, he co-founded and served as CEO of Coninthian...
Sun Pacific Holding Corp Provides Update on Company Filing Status, Operations, and Projects
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MANALAPAN, N.J., May 06, 2020 (GLOBE NEWSWIRE) — Sun Pacific Holding Corp. (Other OTC: SNPW) provides an update on the Company filing status, operations and projects.By May 14, 2020 the Sun Pacific anticipates filing its Form 10-K for fiscal year ending 2019, including its audited financials and management discussion and analysis of the Company’s results.On April 30, 2020, the remaining warrants, as part of a convertible debt issuance between the Sun Pacific Holding Corp and EMA and Auctus expired. This brings to a conclusion the conversions of convertible debt and warrants held by EMA and Auctus for common stock in the Company which had been exerting pressure on the common shares of the company due to the high levels of conversions and subsequent sales of its common stock share price.Sun Pacific Holding Corp subsidiary proposed...