Day: February 25, 2021
14:30 London, 16:30Helsinki, 25 February 2021 – Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)AFARAK GROUP PLC HAS FILED AN APPLICATION FOR A PERMISSION TO APPEAL AND AN APPEAL TO THE SUPREME ADMINISTRATIVE COURT ON THE HELSINKI ADMINISTRATIVE COURT DECISIONStock Exchange ReleaseOn 26 January 2021 Afarak released information that Helsinki Administrative Court did not amend the penalty payment of EUR 1 450 000 imposed by FIN-FSA to Afarak for failures relating to disclosure of inside information and maintenance of insider lists.Afarak has today filed an application for a permission to appeal and an appeal to the Supreme Administrative Court on the decision of the Helsinki Administrative Court.The Company will update the market in due course about the next steps in the process.Helsinki,...
FDCTech Strengthens Balance Sheet as Noteholder Converts Debt Into Restricted Affiliate Equity
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Irvine, CA, Feb. 25, 2021 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), a fintech company with a full suite of FX technology and business solutions, today announced that effective February 22, 2021, FRH Group, holder of the affiliate convertible notes, with the face value in the principal $1,000,000 issued between Date February 22, 2016, and April 24, 2017, totaling $1,256,908 at a coupon of 6% had converted their debt into 12,569,080 common shares of the Company under the terms of the convertible notes. FRH Group provided the seed capital to the Company beginning February 2016.With the conversion, the Company removed unnecessary limitations to secure the growth funding at an optimum cost of capital. Further, the Company reduced its total liabilities from $1,737,254 to $480,346,...
Sun Pacific Holding Corp Announces Cancellation of Reverse Split
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MANALAPAN, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) — Sun Pacific Holding Corp. (SNPW: OTCPink) announced that its Board of Directors canceled its reverse stock split that was approved last year. The Company has taken appropriate action with the SEC and FINRA and filed an 8-K to cancel the reverse split. On February 18, 2021 the Company received confirmation that the corporate action has been officially cancelled.Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are happy to see increasing support and confidence in our company and our operations and in turn we want to support our shareholders. We value their support and those that have stood firmly by us. We believe that cancelling the reverse split at this time is one of the best ways to show that. We expect 2021 to be an outstanding year and we want everyone to benefit.”About...
Adial Pharmaceuticals Achieves 50% Enrollment in ONWARD™ Phase 3 Trial
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CHARLOTTESVILLE, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on the development of treatments for addictions, today announced that it has reached 50% enrollment in the Company’s landmark ONWARD™ pivotal Phase 3 clinical trial. ONWARD is investigating the efficacy and safety of Adial’s lead drug candidate, AD04, as a therapeutic agent for the treatment of Alcohol Use Disorder (AUD) in persons with certain target genotypes related to the serotonin transporter and receptor genes.“We are pleased to have achieved this important enrollment milestone in our ONWARD pivotal Phase 3 clinical trial,” stated Schuyler Vinzant, Adial’s Vice President of Development. “We have a high degree of confidence that ONWARD will be fully enrolled this summer.”Data...
97% of HPU Graduates Are Employed or Furthering Their Education within 6 Months of Graduation
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High Point, North Carolina, Feb. 25, 2021 (GLOBE NEWSWIRE) — HIGH POINT, N.C., Feb. 25, 2021 – High Point University remained committed to and focused on student success when the COVID-19 global pandemic began impacting the region in spring 2020. Data collected by HPU, in accordance with the National Association of Colleges and Employers (NACE) standards, shows 97% of the Class of 2020 launched their careers or continued their education within six months of graduation, 11 points above the national average.Intensely focused on life skills, HPU graduates enter the workforce with the characteristics employers want. Top companies, such as Google, recognize that life skills are the most valuable traits of their workforce (Google’s Top Characteristics of Success – 2013). HPU also conducted a national survey of 500 executives at companies...
MICT Acquires Key License for Soon-to-Launch Stock Trading and Wealth Management Platform and Mobile App in China and Hong Kong
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Hong Kong Securities and Futures Commission Approves MICT’s 100% Acquisition of License Holder, Huapei Global Securities Ltd., a Hong Kong-Based Securities and Investments FirmMontvale, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) — MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) today announces it has received approval from the Hong Kong SFC (Securities and Futures Commission) to complete the acquisition of Huapei Global Securities, Ltd. (“Huapei”), which provides the Company with a licensed platform to facilitate the trading of securities on the major stock exchanges in Hong Kong, the United States, and China for its Chinese and Hong Kong clientele.As previously announced, the Company acquired a 9% stake in Huapei on October 1, 2020 with the option to acquire the remaining 91% upon the receipt of approval from the regulatory authority.1...
Few employers say their current wellbeing and caregiving programs effectively support employees
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ARLINGTON, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) — U.S. employers are expanding efforts to enhance their employees’ wellbeing as they map out a benefit strategy for operating in a post-pandemic environment. These initiatives come as less than three in 10 employers say their wellbeing (29%) and caregiving (27%) programs have been effective at supporting employees during the pandemic. That’s according to a new survey by Willis Towers Watson, which also found the majority of employers cite rising stress and burnout as the number one wellbeing and mental health concern — generated by an increase in caregiving needs and a lack of social connections.“The pandemic has taken its toll on employees especially in the areas of emotional and social wellbeing. In fact, the impact is so great that many employers expect these effects will continue...
Iceland Seafood International hf: Annual General Meeting 18 March 2021 – Correction
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This is a correction to an announcement from earlier today for the Notice to Annual General Meeting. The day of the meeting was incorrectly stated in the main text of the previous announcement. The Annual General Meeting of Iceland Seafood International hf will be held on Thursday 18 March 2021 at 4pm at Hilton Reykjavík Nordica, Suðurlandsbraut 2, 108 Reykjavik, Iceland. The meeting will be webcasted live, a link will be published on the Company’s website www.icelandseafood.com/investors before the meeting starts. Recording will also be available after the meeting on the Company’s website. Enclosed is the Notice to convene the Annual General Meeting, proposed agenda and proposed resolutions for the Annual General Meeting. AttachmentsISI_AGM_Board Proposals 2021ISI_AGM_Notice to convene the AGM 2021
STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2020 Financial and Operating Results
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ATHENS, Greece, Feb. 25, 2021 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2020.OPERATIONAL AND FINANCIAL HIGHLIGHTS1Fleet utilization of 98.5% with 60 days of technical off hire mainly as a result of two drydockings completed within Q4 2020.Fleet operational utilization of 93.6% mainly due to a number of our ships having a presence in the spot market – equivalent to 28.7% of calendar days.Fleet calendar days, down by 2% quarter over quarter to 3,873 – the decrease attributable mostly to our strategic fleet contraction.About 50% of fleet days secured on period charters for the remainder...
InterEnergy Purchases an additional 100 Level 2 and 50 DCFC Blink Charging Stations to Expand its EV Infrastructure Footprint
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This follow-on order brings 575 Blink Chargers to the Caribbean, Central and South AmericaMiami Beach, FL, Feb. 25, 2021 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it had received a follow-on order from the InterEnergy Group for 150 fast-charging stations, including 100 Blink IQ 200 units and 50 DCFC units, to be deployed across the Dominican Republic.Valued at approximately $1.0 million, this order marks the fourth-order Blink has received from InterEnergy and the third agreement between the two companies to deploy EV equipment in the Dominican Republic. Blink also recently announced an initial order from InterEnergy for the deployment of charging stations in Panama...