Month: August 2020

A HALAL Certified Product Means that the Product is Permissible or Acceptable in Accordance with Islamic Law NEW YORK, NY, Aug. 31, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of functional “supplement” chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant) as well as two ongoing Biotechnology initiatives, today announced that it has obtained HALAL Certification for the entirety of its flagship brand Tauri-Gum™. A HALAL Certification is a guarantee that the products comply with the Islamic dietary requirements or Islamic lifestyle. The primary reason for Halal Certification is to serve the national and international Muslim communities in meeting...

ROCHESTER, N.Y., Aug. 31, 2020 (GLOBE NEWSWIRE) — Document Security Systems, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational company operating businesses focusing on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced that its Board of Directors declared a record date of 5:00 p.m. ET on September 7, 2020 (“Record Date”) for the first tranche of its previously proposed two-part special dividend of Impact BioMedical shares.Shareholders of record will be entitled to a bonus of two shares of Impact BioMedical (“Bonus Shares”) for every one share of DSS common stock held as of the Record Date.A second tranche of the special share dividend is expected to provide an additional two shares of Impact BioMedical for each common share...

HANGZHOU, China, Aug. 31, 2020 (GLOBE NEWSWIRE) — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended June 30, 2020.Second Quarter 2020 Operating and Financial HighlightsTotal computing power sold was 2.6 million Thash/s, representing a year-over-year decrease of 18.2% from 3.2 million Thash/s in the same period of 2019 and a quarter-over-quarter increase of 198.5% from 0.9 million Thash/s in the first quarter of 2020.Total net revenues decreased by 26.3% year over year and increased by 160.9% quarter over quarter to RMB178.1 million (US$25.2 million) from RMB241.5 million in the same period of 2019 and RMB68.3 million in the first quarter of 2020.Gross profit increased by 302.5%...

LOS ANGELES, Aug. 31, 2020 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 332 owned and/or operated outpatient imaging centers, today announced the amendment of its senior secured first lien credit agreement to increase the amount of the revolving commitments thereunder by $57.5 million.RadNet’s senior secured first lien credit facilities now consist of an aggregate of a $195.0 million revolving credit facility and $630.4 million (exclusive of unamortized discounts) of first lien term loans. The revolving credit facility and first lien term loans each have a maturity date of July 1, 2023.  “We are very pleased to have been able to increase our senior secured first lien credit facilities at this time,”...

ST. JOHN’S, Newfoundland, Aug. 31, 2020 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it will receive a $2,909,891 non-refundable financial contribution from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP). The funding will be received over a 26-month project period and will be used to support the development of Kraken’s seabed resident ThunderFish® XL Autonomous Underwater Vehicle (TFXL AUV).Building from the previous development efforts of the ThunderFish® Alpha AUV, the ThunderFish® XL AUV will be larger and with an increased depth rating, have a larger payload capacity and have longer mission endurance. Most importantly, the ThunderFish® XL will have key capabilities that are lacking with similar underwater vehicles...

HANGZHOU, China, Aug. 31, 2020 (GLOBE NEWSWIRE) — Ruhnn Holding Limited (“ruhnn” or the “Company”) (NASDAQ: RUHN), a leading internet key opinion leader (“KOL”) facilitator and platform in China, today announced that it will report its first quarter of fiscal year 2021 unaudited financial results on Monday, September 14, 2020, before the open of the U.S. markets.The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 14, 2020 (8:00 PM Beijing/Hong Kong time on September 14, 2020).Details for the conference call are as follows:Event Title: Ruhnn Holding Limited First Quarter of Fiscal Year 2021 Earnings Conference CallConference ID: 1279756Registration Link: http://apac.directeventreg.com/registration/event/1279756                              All participants must use the link provided...

VANCOUVER, British Columbia, Aug. 31, 2020 (GLOBE NEWSWIRE) — Novoheart Holdings Inc. (“Novoheart” or the “Company”) reports financial results for the three and six months ended June 30, 2020. Amounts, unless specified otherwise, are expressed in Canadian dollars and are in accordance with International Financial Reporting Standards (IFRS).Business Highlights:

HANGZHOU, China, Aug. 31, 2020 (GLOBE NEWSWIRE) — UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today introduced a Converged Packet Transport Platform, SkyFlux.  The SkyFlux platform combines Segment Routing over MPLS (SR-MPLS) and MPLS-TP tunneling, TDM-like Ethernet based on FlexE/G.mtn, highly accurate time synchronization and SDN-based network intelligence into an efficient future-proof packet transport network that is ready to meet the complex set of requirements from 5G mobile networks and other applications.Dr. Zhaochen Huang, UTStarcom’s Acting Chief Executive Officer, commented, “We are excited to launch our next-generation communications platform, SkyFlux Converged Packet Transport.  As network infrastructure continues to transition to 5G, we believe...

WALTHAM, Mass., Aug. 31, 2020 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“the Company” or “GECC”) (NASDAQ: GECC) announced today that its Board of Directors has approved the terms of a non-transferable subscription rights offering to purchase shares of its common stock.The Company will issue to its stockholders of record as of 5:00 p.m. New York City time, on September 4, 2020, non-transferable rights to subscribe for up to an aggregate of 10,761,950 shares of the Company’s common stock. Record date stockholders will receive one right for each share of common stock owned on the record date. The rights entitle the holders to purchase at the subscription price one new share of common stock for every one right held, and record date stockholders who fully exercise their rights will be entitled to subscribe, subject to certain limitations...