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Month: August 2020

DPW Holdings Announces Ault & Company, Inc. Has Converted $600,000 of Its Convertible Promissory Note into 413,793 Shares of DPW Common Stock

NEWPORT BEACH, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) announced that Ault & Company converted $600,000 of its $1,000,000 8% convertible promissory note issued on February 5, 2020 into 413,793 shares of the Company’s common stock. The Company’s stockholders approved the conversion of the $1,000,000 convertible promissory note issued to Ault & Company, Inc. into shares of DPW common stock at $1.45 per share at the July 8, 2020 Company’s special meeting of stockholders, as required by NYSE rules.Mr. Milton C. Ault, III, the Company’s Chief Executive Officer and Chairman, said, “This conversion into DPW common stock by Ault & Company demonstrates its belief in the progress being achieved by the Company and its subsidiaries,...

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Akoustis Reports Fourth Quarter and Full Year FY20 Results

– Company to Host Investor Update Call Today at 8:00 am ET –Charlotte, N.C., Aug. 24, 2020 (GLOBE NEWSWIRE) — Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, will host an investor call to provide a business update and outlook, followed by a Q & A session this morning at 8:00 a.m. EDT. The call-in numbers are 877-407-3982 (domestic) or 201-493-6780 (international). The conference call will be webcast live on the Company’s website and will be available for playback at the following URL: https://ir.akoustis.com/ir-calendar.Jeff Shealy, founder and CEO of Akoustis, commented, “The June quarter delivered a strong finish to fiscal year 2020 as we began shipping RF...

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Sumo Logic Files Registration Statement with SEC for Proposed Initial Public Offering

REDWOOD CITY, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — Sumo Logic, Inc. (“Sumo Logic”) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Sumo Logic has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “SUMO”.Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the offering. RBC Capital Markets and Jefferies are acting as book-running managers for the offering and William Blair, Cowen, Piper Sandler and BTIG are acting as co-managers for the offering.The offering will be made only by means of a prospectus....

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AXIM® Biotechnologies Signs Exclusive Licensing, Manufacturing and Distribution Agreement for High Volume Production of the COVID-19 Rapid Neutralizing Antibody Test

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...

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VivoPower International PLC Reports Preliminary Unaudited Financial Results For the Fiscal Year Ended June 30, 2020

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...

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iManage Acquires Closing Folders, Leader in Legal Transaction Management; Combination Yields Best-in-Class Integrated Document and Transaction Management

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,...

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Pure Acquisition Corp. Closes Business Combination for Company to be Named HighPeak Energy, Inc.

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...

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AFARAK GROUP: ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR

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...

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AFARAK GROUP: FINANSSIVALVONNAN PÄÄTÖS DANKO KONCARIA KOSKEVASSA ASIASSA

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)...

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Mimecast Earns 2020 Top Rated Award From TrustRadius

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....

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