Franklin Wireless Reports 106% Increase in Full-Year Revenue to $75.0 Million

Written by Customer Service on September 18, 2020. Posted in Public Companies.

SAN DIEGO, Sept. 18, 2020 (GLOBE NEWSWIRE) — Franklin Wireless Corp.(FKWL), a market leader in broadband data communications including hardware and software solutions for M2M and the IoT, today announced full-year financial results for the fiscal year ended June 30, 2020.Financial and Operational HighlightsFull-year revenue increased 105.9% to $75.1 millionFull-year operating expenses declined 5.1% to $7.4 millionFull-year R&D expenses increased by 27% vs. last yearFull-year net income attributable to parent company increased to $5.6 million, a positive swing of $6.8 million vs. last year“Our fiscal 2020 financial results reflect Franklin’s ability to capitalize on the surge in demand for wireless connectivity brought on by the Pandemic,” said OC Kim, president of Franklin Wireless. “We were able to expand production to meet...

JFrog Announces Closing of Its Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on September 18, 2020. Posted in Public Companies.

SUNNYVALE, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) — JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the liquid software company, announced today the closing of its initial public offering of 13,303,450 ordinary shares at a price to the public of $44.00 per share, which includes 3,568,218 shares offered and sold by certain of JFrog’s existing shareholders and the full exercise of the underwriters’ option to purchase 1,735,232 ordinary shares from JFrog. JFrog estimates its net proceeds from the offering are approximately $393.1 million after deducting underwriting discounts and commissions and estimated offering expenses. JFrog did not receive any proceeds from the sale of the shares by the existing selling shareholders. The shares began trading on The Nasdaq Global Select Market under the symbol “FROG” on September 16, 2020.Morgan Stanley,...

HP Untethers Gameplay with the Ultimate Wireless Experience

Written by Customer Service on September 18, 2020. Posted in Public Companies.

News Highlights:OMEN Frequency Wireless Headset features lag-free audio1 for crystal clear game play: https://www.globenewswire.com/NewsRoom/AttachmentNg/fcccb7e1-dcf8-47d7-ba55-45f7b7a75098OMEN Vector Wireless Mouse, the world’s fastest USB-C® charging gaming mouse2, achieves one hour of battery life3 in just 30 seconds: https://www.globenewswire.com/NewsRoom/AttachmentNg/3a280f52-7a6d-4a6b-b87b-2dbb9de13d67OMEN Spacer Wireless TKL Keyboard designed for players to game anywhere and features a premium detachable palm rest: https://www.globenewswire.com/NewsRoom/AttachmentNg/19972e52-edcb-4aee-8ad4-92976617e12aOMEN 30L Desktop features powerful graphics with up to an NVIDIA® GeForce RTX™ 3090 GPU: https://www.globenewswire.com/NewsRoom/AttachmentNg/d24abde3-f34b-481b-8255-6c557db123dePALO ALTO, Calif., Sept. 18, 2020 (GLOBE NEWSWIRE) —...

Smart Sand, Inc. Completes Acquisition of Eagle Materials Inc. Oil and Gas Proppants Segment

Written by Customer Service on September 18, 2020. Posted in Public Companies.

THE WOODLANDS, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND), a fully integrated frac sand supply and services company, announced today that is has completed the acquisition of the Oil and Gas Proppants Segment of Eagle Materials Inc. (the “Segment”) The Segment’s primary assets include frac sand mines and related processing facilities in Utica, Illinois and New Auburn, Wisconsin, with approximately 3.5 million tons of annual processing capacity, of which approximately 1.6 million tons has access to the BNSF rail line.Charles Young, Smart Sand’s Chief Executive Officer stated, “We are excited about this consolidation opportunity. This acquisition provides direct access to an additional Class I rail line which allows us greater and more sustainable logistics options to continue to broaden our mine to wellsite...

Ocean Power Technologies Enters Into a New $12.5 Million Common Stock Purchase Agreement With Aspire Capital Fund

Written by Customer Service on September 18, 2020. Posted in Public Companies.

MONROE TOWNSHIP, N.J., Sept. 18, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the “Purchase Agreement”) with Aspire Capital Fund, LLC (“Aspire Capital”) to sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months. Proceeds will be used by OPT to build additional PowerBuoys® as needed to meet potential market demand, to further advance the development of new products and solutions, and for other general corporate purposes.“We are excited to renew our relationship with Aspire Capital and the flexibility to potentially access capital on a cost-effective basis,”...

OpGen, Inc. Announces Notice of Annual Meeting Venue Change

Written by Customer Service on September 18, 2020. Posted in Public Companies.

GAITHERSBURG, Md., Sept. 18, 2020 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen” or the “Company”) announced today that it has changed the venue of its 2020 Annual Meeting of Stockholders due to continuing health and safety considerations arising from the COVID-19 pandemic. As a result, the Company’s 2020 Annual Meeting of Stockholders will now be held at OpGen’s corporate headquarters at 708 Quince Orchard Road, Gaithersburg, Maryland 20878.The Company’s 2020 Annual Meeting of Stockholders will be held, as scheduled, on Wednesday, September 30, 2020 at 10 a.m. ET. As noted in the proxy statement filed by the Company on August 20, 2020, stockholders of record as of end of business on August 17, 2020 may continue to vote at http://www.pstvote.com/opgen2020, by phone, and by mail until 11:59 p.m. ET on September 29, 2020, in...

Aton Confirms Effective Date for Share Consolidation

Written by Customer Service on September 18, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company“) announces further to its news releases of July 29, 2020 and September 2, 2020, the consolidation (the “Consolidation“) of its common shares (the “Common Shares“) at a ratio of ten (10) pre-consolidation Common Shares to one (1) post-consolidation Common Share will be effected at 12:01 a.m. on Monday, September 21, 2020 (the “Effective Date“). The post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange at the opening of trading on the Effective Date under the current symbol “AAN”.No fractional Common Shares will be issued as a result of the Consolidation. The holdings of any shareholder who would otherwise be...

MISTRAS Group to Present at September 2020 Sidoti Virtual Investor Conference

Written by Customer Service on September 18, 2020. Posted in Public Companies.

LIVE WEBCAST OF CORPORATE PRESENTATION – SEPTEMBER 23, 2020, AT 2:30 PM ETPRINCETON JUNCTION, N.J., Sept. 18, 2020 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of integrated technology-enabled asset protection solutions – announced today that it would be presenting at the Sidoti Virtual Investor Conference. Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will present a corporate overview at 2:30 PM on September 23, 2020, followed by a live Q & A session.The investor presentation will be webcast live at: https://sidoti.zoom.us/webinar/register/WN_jNOL6PS9SV2wiVsMZNJ7Dw.About MISTRAS Group, Inc.MISTRAS Group, Inc. (NYSE: MG) is a leading “one source” multinational provider of integrated technology-enabled asset...

Pool Corporation CEO to Present at the William Blair “What’s Next for Industrials?” Virtual Conference

Written by Customer Service on September 18, 2020. Posted in Public Companies.

COVINGTON, La., Sept. 18, 2020 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq:POOL) announced today that Peter D. Arvan, President and Chief Executive Officer, will be participating in the William Blair “What’s Next for Industrials?” Virtual Conference. Mr. Arvan will be giving a virtual presentation on Friday, September 25, 2020, at 10:00 AM Eastern Time. Informational materials used during the conference will be posted on POOLCORP’s website on the morning of the conference.Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 375 sales centers in North America, Europe and Australia through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP,...

iCAD’s IORT Excluded from CMS’s Radiation Oncology Alternative Payment Model

Written by Customer Service on September 18, 2020. Posted in Public Companies.

Existing Reimbursement Codes Will Still Apply in All Geographic MarketsiCAD Intends to Submit Additional Long-Term Data in Support of IORT’s Inclusion and Petition CMS for ReconsiderationNASHUA, N.H., Sept. 18, 2020 (GLOBE NEWSWIRE) — iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today provided commentary on the Center for Medicare and Medicaid Services’ (CMS) Radiation Oncology alternative payment model (RO-APM), which was published today. The new model does not include coverage for iCAD’s intraoperative radiation therapy (IORT) as part of the new bundled payment system. iCAD’s IORT will still be covered under its existing CMS reimbursement codes in all geographic markets.The new model provides bundled payments during a 90-day episode of care for 16 different...

Day: September 18, 2020

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