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Day: May 22, 2020

NANO DIMENSION ANNOUNCES CLOSING OF $35.9 MILLION REGISTERED DIRECT OFFERING

South Florida, May 22, 2020 (GLOBE NEWSWIRE) —  Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it had closed the previously announced registered direct offering of 17,950,000 of the Company’s American Depositary Shares (“ADSs”) at a price of $2.00 per ADS. The gross proceeds of the offering were approximately $35.9 million, before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes.ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.This offering was made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-237668) previously filed with the U.S....

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RCM Technologies Adopts Stockholder Rights Plan

PENNSAUKEN, N.J., May 22, 2020 (GLOBE NEWSWIRE) — RCM Technologies, Inc. (“RCM” or “the Company”) (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced engineering, specialty health care and information technology services, today announced that its Board of Directors has approved the adoption of a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right (“Right”) for each outstanding share of common stock.The Rights Plan is intended to protect RCM and its stockholders from efforts to obtain control of RCM that the Board of Directors determines are not in the best interests of RCM and its stockholders, and to enable all stockholders...

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Primo Nutraceuticals Inc. Receives NPN (Natural Product Number) from Health Canada

VANCOUVER, British Columbia, May 22, 2020 (GLOBE NEWSWIRE) — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo” or the “Company”) is pleased to announce that it has received its NPN (Natural Product Number) from Health Canada. Primo Nutraceuticals hand sanitizers meet Health Canada’s requirements for safety, effectiveness and quality.In response to the increasing demand for hand sanitizers in Canada during the current COVID-19 pandemic, Health Canada has implemented an interim expedited licensing approach to help businesses like Primo to obtain the required authorizations to produce and distribute hand sanitizer. Consistent with the interim measure for alcohol-based hand sanitizers currently in place, Primo’s hand sanitizer can be distributed to healthcare and commercial...

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NVIDIA Announces Quarterly Cash Dividend Timing

SANTA CLARA, Calif., May 22, 2020 (GLOBE NEWSWIRE) — NVIDIA today announced that it will pay its next quarterly cash dividend of $0.16 per share on June 26, 2020, to all shareholders of record on June 5, 2020. About NVIDIA NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at http://nvidianews.nvidia.com/.Certain statements in this press release including, but not limited to, statements as to: NVIDIA’s next quarterly cash dividend are forward-looking statements that are subject to risks and uncertainties...

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Euroseas Ltd. Sets Date for the Release of First Quarter 2020 Results, Conference Call and Webcast

MAROUSSI, Greece and ATHENS, Greece, May 22, 2020 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the first quarter ended March 31, 2020 on Wednesday, May 27, 2020 before the market opens in New York.On the same day, Wednesday, May 27, 2020 at 9:00 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results.Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Euroseas”...

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Playa Hotels & Resorts N.V. Completes the Sale of Jewel Dunn’s River Beach Resort & Spa and Jewel Runaway Bay Beach Resort & Waterpark

FAIRFAX, Va., May 22, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the “Company”) today announced that it closed on the sale of the Jewel Dunn’s River Beach Resort & Spa and the Jewel Runaway Bay Beach Resort & Waterpark for a total consideration of $60 million in cash.The transaction increased the Company’s liquidity by approximately $58.7 million, reflecting the $60 million consideration net of customary closing costs.Proceeds from the sale of these resorts will be utilized for general business purposes which may include reducing the Company’s outstanding debt.About Playa Hotels & Resorts N.V.Playa Hotels & Resorts N.V. (“Playa”) is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations in Mexico and the Caribbean....

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Medigus Ltd. Announces Closing of $5 Million Public Offering

OMER, Israel, May 22, 2020 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq, TASE: MDGS), a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced the closing of its previously announced underwritten public offering of 3,333,334 American Depositary Shares (the “ADSs”) or pre-funded ADS purchase warrants, each to purchase one ADS (the “Pre-Funded Warrants”) in lieu thereof. Each ADS was sold to the public at a price per ADS of $1.50 and each Pre-Funded Warrant was sold to the public at a price per Pre-Funded Warrant of $1.499. The gross proceeds to the Company from this offering were approximately $5,000,000 before deducting underwriting discounts, commissions and other offering expenses. The Pre-Funded Warrants will be exercisable at any time after the date of issuance...

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Pacific Health Care Organization, Inc. Reports First Quarter 2020 Results

Newport Beach, CA, May 22, 2020 (GLOBE NEWSWIRE) — Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) today filed with the Securities and Exchange Commission (the “Commission”) its quarterly report on Form 10-Q announcing financial results for the quarter ended March 31, 2020.Quarterly ResultsThe Company reported total revenue of $1,552,909 for the quarter ended March 31, 2020, compared with total revenue of $1,783,438 for the quarter ended March 31, 2019.  The Company reported net income of $123,128 or $0.01 per share on a basic and fully diluted basis for the first quarter 2020, compared to net income of $314,563 or $0.02 per share on a basic and fully diluted basis for the first quarter 2019.Net cash provided by operating activities was $404,754 during the three months ended March 31, 2020, compared to $297,951...

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Live Oak Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing May 28, 2020

GREAT FALLS, VA, May 22, 2020 (GLOBE NEWSWIRE) — Live Oak Acquisition Corp. (the “Company”) announced today that, commencing May 28, 2020, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock (“Class A Common Stock”) and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange under the symbols “LOAK” and “LOAK WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “LOAK.U.” Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer...

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American Pacific Mining Announces Closing of Oversubscribed Non-Brokered Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREINVANCOUVER, British Columbia, May 22, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDD) (“APM” or the “Company”) announces that it has closed its oversubscribed non-brokered private placement (the “Private Placement”) issuing a total of 23,918,035 units (the “Units”) at CAD$0.125 per Unit for total gross proceeds of CAD$2,989,754.44. Each Unit consists of one common share (the “Shares”) and one common share purchase warrant (the “Warrants”) with each Warrant entitling the holder to purchase one Share of the Company at a price of CAD$0.20 per Share for a period of 18 months from the date of closing of the Private Placement.All securities...

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