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Month: August 2020

Mohawk Group Announces Entry Into Agreement to Acquire Truweo, a Leading Online Health & Wellness Brand

Truweo’s Trailing Twelve Month Revenue and Operating Income as of July 31, 2020 was $14.0M and $6.5M, RespectivelyCompany Increases 2020 Net Revenue Outlook and Furthers Execution of M&A StrategyConference Call to be Held Monday, August 24, 2020 at 11:00am ETNEW YORK, Aug. 24, 2020 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (NASDAQ: MWK) (“Mohawk” or the “Company”) today announced that it has entered into a definitive agreement to purchase the assets of Truweo, a leading ecommerce brand in the health and personal wellness category.  The Company will pay approximately $16.4 million (approximately $13.9 million in cash at closing and approximately $2.5 million in the form of an unsecured promissory note), which reflects an approximately 2.5x multiple on Truweo’s trailing twelve month (“TTM”) operating income measured as of...

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Delårsrapport 30. juni 2020

Koncernomsætningen udgjorde 176,1 mio.kr., hvilket er 159,2 mio.kr. mindre end samme periode sidste år. Hovedforklaringen på nedgangen er den delvise nedlukning af koncernens aktiviteter fra den 12. marts 2020 som følge af COVID-19.Resultat før skat udgjorde -152,0 mio.kr. mod -55,2 mio.kr. (fra de fortsættende aktiviteter) i samme periode sidste år. Periodens samlede resultat udgjorde -118,6 mio.kr. mod -43,2 mio.kr. i samme periode sidste år.PARKEN Sport & Entertainment A/S fastholder de udmeldte forventninger for 2020 (selskabsmeddelelse 10-2020). Der forventes en omsætning i niveauet 550 til 650 mio.kr. og et resultat før skat på -200 til -150 mio.kr. De økonomiske forventninger er baseret på F.C. Københavns deltagelse i UEFA Europa League gruppespil i efteråret 2020 med et forventet resultat før skat herfor i niveauet 50 mio.kr.Vedhæftet...

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MTBC’s PrecisionBI Releases Next-Generation Healthcare Analytics and Business Intelligence Platform

SOMERSET, N.J., Aug. 24, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of cloud-based healthcare IT solutions and services, today announced the launch of its next-generation PrecisionBI healthcare analytics and business intelligence platform. This highly anticipated release delivers an all-new platform experience to help large medical groups, health systems, and academic institutions easily monitor business metrics, build customized dashboards to visually track Key Performance Indicators, and gain a 360° view of performance across their organizations.“This PrecisionBI update is a significant technology and user experience upgrade that our clients and partners have been looking forward to,” said A. Hadi Chaudhry, President of MTBC. “Not only does this new release feature a new, modern interface...

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SOPerior Announces Entering Into Joint Venture Letter of Intent

TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — SOPerior Fertilizer Corp. (the “Company”) (TSX:SOP) announces that it has entered into a letter of intent (“LOI”) with an arm’s length party (the “Counter-Party”) to form a joint venture (“Joint Venture”).  The Joint Venture relates to (a) commercially developing and exploiting the Company’s massive Alunite interests located on SOP’s Blawn Mountain Mining Lease (specifically Mining Lease 51983-03A) (the “Lease”) located in Utah, (b) completing the financing and construction of an alunite ore processing plant (the “Plant”) which is to be situated on an existing processing plant facility located in the vicinity of SOP’s Blawn Mountain leased ground, and (c) the ultimate processing of ore into its primary offtakes of alumina, potassium sulphate fertilizer and sulphuric acid (herein, the “Project”).The...

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Blockchain Foundry Engages Investor Relations Consultant

TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading blockchain development firm, has engaged Grant Galloway (the “Consultant”) to assist with investor relations activities for an initial term ending on November 30, 2020.Pursuant to the engagement, BCF has paid the Consultant US$7,500 for his services until November 30, 2020. An additional US$7,500 will be paid to the Consultant upon completion of the initial term.The Company has previously engaged the Consultant for investor relations activities. More information can be found in the Company’s press releases dated January 30, 2020 and March 6, 2020.       About Blockchain Foundry Inc.Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN) is a global blockchain consulting and development firm. BCF develops and commercializes...

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Mondelēz International to Participate in Barclays Global Consumer Staples Conference on September 9

CHICAGO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Dirk Van de Put, Chief Executive Officer and Luca Zaramella, Chief Financial Officer, will participate in a question-and-answer session at the Barclays Global Consumer Staples Conference on Wednesday, September 9, 2020, at 10:40 am ET.A live audio webcast of the presentation will be available at www.mondelezinternational.com/investors. An archive of the webcast will be available on the company’s web site.About Mondelēz InternationalMondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy...

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Novavax Initiates Phase 2 Portion of Phase 1/2 Clinical Trial of COVID-19 Vaccine

Primary objectives expand evaluation of immunogenicity and safetySecondary objectives include preliminary efficacy assessmentTrial to enroll up to 1,500 volunteers in United States and Australia, with approximately 50 percent between 60 and 84 years of ageInterim immunogenicity and safety data expected in fourth quarter of 2020GAITHERSBURG, Md., Aug. 24, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (Nasdaq: NVAX), a late stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced that the first volunteers have been enrolled in the Phase 2 portion of its ongoing clinical trial to evaluate the immunogenicity and safety of NVX-CoV2373, Novavax’ COVID-19 vaccine candidate. The Phase 2 clinical trial expands on the age range of the Phase 1 portion by including older adults 60-84 years of...

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Galaxy Gaming Closes Acquisition of Progressive Games Partners

LAS VEGAS, Aug. 24, 2020 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of casino table games and enhanced systems, announced today that it has closed its previously announced acquisition of all of the equity interests in Progressive Games Partners LLC (“PGP”).  PGP owns the exclusive worldwide online rights to a comprehensive suite of proprietary casino table games, including Galaxy’s.PGP has been in the iGaming business since 2003 and has strong relationships with many of the leading iGaming providers. The transaction is strategically advantageous to Galaxy as it increases the Company’s exposure to the iGaming market, which is forecasted to see significant growth, especially in the US.  The transaction is also attractive financially as it eliminates the distribution...

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Nokia service aggregation router now FirstNet Ready™ to support public safety in the U.S.

Press ReleaseNokia service aggregation router now FirstNet Ready™ to support public safety in the U.S.   FirstNet is built with AT&T in a public-private partnership with the First Responder Network Authority – an independent agency within the federal government, and supports communications for more than 13,000 public safety agencies and organizations across the U.S.FirstNet ReadyTM certification of Nokia’s 7705 SAR-Hmc IP/MPLS wireless router serves mission-critical industry segments that support public safety, including utilities in their remote and mobile applications24 August 2020Dallas, TX – Nokia today announced the Nokia 7705 SAR-Hmc wireless service aggregation router is now certified and approved for use on FirstNet® – the only nationwide, high-speed broadband communications platform dedicated to and purpose-built specifically...

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Technology and Financial Industry Veteran Ken Goldman Joins Fortinet Board of Directors

SUNNYVALE, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet“We are delighted to welcome back Ken – former CFO of Fortinet for over five years – in his new role on the Fortinet Board of Directors. As we continue to lead and expand into new markets to fuel growth, Fortinet will benefit once again from his vast and extensive board and industry experience. I look forward to working alongside Ken Goldman as part of our Board of Directors.”News SummaryFortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced the addition of Ken Goldman to the company’s Board of Directors, adding further depth and expertise to the Board.Goldman brings extensive experience from previous roles such as board director, audit committee chairman and...

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