Day: August 24, 2020
SAN DIEGO, Aug. 24, 2020 (GLOBE NEWSWIRE) — AXIM® Biotechnologies, Inc. (OTCQB: AXIM) (“AXIM® Biotech,” “AXIM” or “the Company”), an international healthcare solutions company targeting oncological and COVID-19 research, announced today that the Company has signed an exclusive limited licensing, manufacturing and distribution agreement with Empowered Diagnostics LLC (“Empowered Diagnostics”) for high volume production of AXIM’s rapid diagnostic test measuring levels of functional neutralizing antibodies that are believed to prevent SARS-CoV-2 from entering the host cells. Empowered Diagnostics will manufacture the lateral flow assay tests under the name Tru-19 Neutralizing Antibody Test (the “Test”).Empowered Diagnostics, based in Pompano Beach, Florida, is a large volume manufacturer and distributor of cost-effective rapid point-of-care...
VivoPower International PLC Reports Preliminary Unaudited Financial Results For the Fiscal Year Ended June 30, 2020
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Record annual revenues of $48.7 million, despite COVID-19 lockdownsStrong turnaround in adjusted EBITDA with an increase of $7.7m to $3.9 million Strategic pivot to enter commercial electric vehicle (EV) marketLONDON, Aug. 24, 2020 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”, the “Company”) today announced its preliminary results for the fiscal year ended June 30, 2020.Highlights for the fiscal year ended June 30, 2020:Record annual group revenues of $48.7 million, up 12% year-on-year, driven by strong growth in Aevitas, VivoPower’s Critical Power Services business unit in Australia, despite strict COVID-19 lockdowns in Australia over a three month period causing extensive delays to scheduled work projects;Gross profit increased by 28% as a result of revenue growth combined with operational efficiencies...
iManage Acquires Closing Folders, Leader in Legal Transaction Management; Combination Yields Best-in-Class Integrated Document and Transaction Management
Written by Customer Service on . Posted in Mergers And Acquisitions.
CHICAGO, Aug. 24, 2020 (GLOBE NEWSWIRE) — iManage, the company dedicated to transforming how professionals work, today announced it has acquired Closing Folders, the market leader in legal transaction management (LTM). The acquisition uniquely enables iManage to deliver automation and governance over transactions and deal documents from creation to closing.Transactions make up a large portion of law firm matters and legal department work. The closing processes associated with them are typically manual, error-prone, expensive, and complex. They require the coordination of hundreds of documents, frequent revisions, and numerous signatures and tasks across many parties – often under tight timelines. And clients are frequently frustrated by insufficient visibility into closing status and processes.Closing Folders automates repetitive,...
Pure Acquisition Corp. Closes Business Combination for Company to be Named HighPeak Energy, Inc.
Written by Customer Service on . Posted in Public Companies.
FORT WORTH, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) — Pure Acquisition Corp. (NASDAQ: PACQ, PACQU, PACQW), a publicly traded special purpose acquisition vehicle (“Pure”) and HighPeak Energy, Inc. (NASDAQ: HPK, HPKEW), an oil and gas exploration and production company (“HighPeak Energy” or the “Company”), today announced the closing of its business combination to acquire the oil and gas assets, among other assets, of HighPeak Energy, LP and HighPeak Energy II, LP. The consideration for the oil and gas assets was approximately 75,000,000 shares of the Company’s common stock, par value $0.0001 per share (“HighPeak Energy common stock”). Additionally, as merger consideration, the public stockholders of Pure (i) received an aggregate of 1,232,425 shares of HighPeak Energy common stock, 1,232,425 warrants to purchase HighPeak Energy common...
AFARAK GROUP: ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR
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10:45 London, 12:45 Helsinki, 24 August 2020 – Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCARStock Exchange ReleaseOn 21 August 2020, the Financial Supervisory Authority (FIN-FSA) has published attached information. Although this is not a company matter, Afarak was requested by Fin-FSA to inform its shareholders accordingly.Helsinki, August 24, 2020AFARAK GROUP PLCBoard of DirectorsFor additional information, please contact:Afarak Group PlcGuy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.comFinancial reports and other investor information are available on the Company’s website: www.afarak.com.Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business...
AFARAK GROUP: FINANSSIVALVONNAN PÄÄTÖS DANKO KONCARIA KOSKEVASSA ASIASSA
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10:45 Lontoo, 12:45 Helsinki, 24.8.2020 – Afarak Group Oyj (”Afarak” tai ”Yhtiö) (LSE: AFRK, NASDAQ: AFAGR)FINANSSIVALVONNAN PÄÄTÖS DANKO KONCARIA KOSKEVASSA ASIASSAPörssitiedoteFinanssivalvonta on 21. elokuuta 2020 julkistanut oheisen päätöksen. Vaikka Yhtiö ei ole asian osapuoli, on Finanssivalvonta vaatinut Yhtiötä tiedottamaan osakkeenomistajiaan asiasta.Helsingissä, 24.8.2020Afarak Group OyjHallitusLisätietoja:Guy Konsbruck, toimitusjohtaja, +356 2122 1566, guy.konsbruck@afarak.comVuosikertomukset ja muut sijoittajille annettavat tiedot ovat tarkasteltavissa Yhtiön verkkosivustolla www.afarak.com.Afarak Group on erikoismetalliseosten valmistaja, joka tavoittelee vakaata kasvua. Yhtiöllä on erikoismetalliliiketoimintaa Etelä-Euroopassa ja rautametalliliiketoimintaa Etelä-Afrikassa. Yhtiön osake on listattu NASDAQ Helsingissä (AFAGR)...
Mimecast Earns 2020 Top Rated Award From TrustRadius
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LEXINGTON, Mass., Aug. 24, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced that the company was presented with a TrustRadius 2020 Top Rated Award. Based entirely on customer feedback, the Mimecast Secure Email Gateway was named a valuable player in the category, receiving a trScore of 8.7 out of 10. According to Mimecast’s State of Email Security 2020 Report, 60 percent of organizations expect to suffer from an email-borne attack in the coming year. Mimecast Secure Email Gateway is a cloud-based solution that is designed to use sophisticated, multiple detection engines and intelligence to protect organizations and employees from spear-phishing, malware, spam and zero-day attacks. Customers often cite Mimecast’s reliability and ease-of-use as a top differentiator....
Opthea Announces Plans to Conduct Registered Public Offering and Listing in the United States
Written by Customer Service on . Posted in Public Companies.
MELBOURNE, Australia, Aug. 24, 2020 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT) today announces that it has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to a potential initial public offering of American Depositary Shares (“ADSs”) in the U.S. representing Opthea’s ordinary shares, which will remain listed on the Australian Securities Exchange, and concurrent listing of the ADSs on the Nasdaq Stock Market (“Nasdaq”). Any offering and listing of ADSs on Nasdaq would be intended to support Opthea’s product development activities, including its previously announced Phase 3 trials of OPT-302 for the treatment of wet AMD. The number of ADSs that may be offered, the number of underlying ordinary shares that may be issued, the price for such instruments...
New Zealand’s DIA Selects Allot to Protect Its Citizens from Digital Child Exploitation Content
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Hod Hasharon, Israel, Aug. 24, 2020 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced New Zealand’s Department of Internal Affairs (DIA) has awarded Allot with a contract to provide the nationwide Digital Child Exploitation Filter (DCEF). Allot SmartSentinel and ContentProtector identify and block access to internet sites that contain objectionable content relating to child sexual abuse material, as defined in the New Zealand Films, Videos and Publications Classification Act of 1993.Allot has replaced DIA’s current software with a scalable, lean, and virtual solution that is easy to use and maintain without requiring third-party oversight and...
Viomi Technology Co., Ltd Reports Second Quarter 2020 Unaudited Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
GUANGZHOU, China, Aug. 24, 2020 (GLOBE NEWSWIRE) — Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the second quarter ended June 30, 2020.Second Quarter 2020 Financial and Operating HighlightsNet revenues reached RMB1,684.4 million (US$238.4 million), an increase of 45.2% from the second quarter of 2019.Gross margin was 14.3%.Net income was RMB10.3 million (US$1.5 million).Non-GAAP net income1 was RMB41.5 million (US$5.9 million).Number of cumulative household users reached more than 4.2 million, compared to approximately 3.7 million as of the end of the first quarter of 2020 and approximately 2.3 million as of the end of the second quarter of 2019.Percentage of household users with at least two connected products...