Month: April 2021

NEW HAVEN, Conn., April 05, 2021 (GLOBE NEWSWIRE) — Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), announces a new “At-The-Market” (ATM) financing arrangement that improves its financing flexibility. As provided in the Company’s prospectus supplement filed on April 2, 2021, Precipio will be able to sell shares from time to time through the ATM offering, up to an aggregate of $20M. The Company anticipates that this will be its primary financing method going forward. The ATM will be managed by Alliance Global Partners, an investment bank with which Precipio has been working since 2017. This arrangement will be used in an ongoing manner to finance Precipio’s operations and provide the resources the Company needs to fuel its growth, particularly for its new HemeScreen offering for physician offices. As the Company continues...

SAN CARLOS, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today published its 2020 Corporate Responsibility and Sustainability Report. “In our first annual Corporate Responsibility and Sustainability Report, we have outlined our priorities around social impact, environmental performance, and governance, and we are proud of the positive impact we have had on the communities we serve and the company we have built,” said Oportun CEO, Raul Vazquez. “This includes donating at least 1 percent of our pretax income, equating to $2.6 million since 2016, to qualified nonprofits and directing more than 63 percent of our annual giving...

LIMASSOL, Cyprus, April 05, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (the “Company”) (NASDAQ: CTRM) announces today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately 192.3 million of its common shares and warrants to purchase up to an aggregate of 192.3 million common shares at a purchase price of $0.65 per common share and accompanying warrant in a registered direct offering (the “Offering”). The warrants will have an exercise price of $0.65 per share, are exercisable immediately and will expire five years following the date of issuance. Maxim Group LLC is acting as sole placement agent for the Offering. The gross proceeds to the Company from the Offering are estimated to be approximately $125.0 million before deducting the placement agent’s fees...

EMERYVILLE, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Today, Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, announced the launch of Opto Assure, a series of assays that provides yield and product quality data at an earlier stage in cell line development. The first of the series enables direct detection of product aggregates, ensuring a faster ramp toward volume production by evaluating biotherapeutic protein quality sooner in the antibody therapeutic development process. With Opto Assure, customers can rapidly select clonal cell lines with favorable manufacturability profiles, leading to decreased scale-up costs and better downstream products. Cell line development has become more challenging with the emergence of complex antibody therapeutic formats. These highly engineered proteins are prone to quality...

WINCHESTER, Va., April 05, 2021 (GLOBE NEWSWIRE) — As consumers become increasingly eco-conscious, more and more brands are committing to investing in sustainable improvements for their products and packaging. One simple solution is labeling products to inform consumers whether – and how – the product or packaging may be recycled. To help retailers clarify the recyclability of their packaging content, Trex Company, the world’s leading manufacturer of wood-alternative decking and railing – and one of the largest recyclers of polyethylene plastic film in North America, is rolling-out a free package labeling initiative as part of its NexTrex® Retail Recycling Program. Unlike other recycling labels, the NexTrex label is available at no cost to brands whose packaging has been tested and verified as acceptable for recycling into high-performance...

LITTLE ROCK, Ark., April 05, 2021 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, today announces how the IntentKey AI technology was used by a national luxury home retailer to generate an 88:1 return on its ad spend (ROAS). Reports this week from the Conference Board revealed that consumer confidence is at the highest it has been since the pandemic began last March. While consumers are feeling positive about the vaccination rollout and the government stimulus programs, marketers are learning that consumers have yet to return, from a spending perspective, to their pre-pandemic shopping habits. Consequently, forward thinking marketers have used this pandemic environment to reconsider the limited insights and...

NEW YORK, NY, April 05, 2021 (GLOBE NEWSWIRE) — SPYR Technologies (OTC Pink: SPYR) and its wholly owned subsidiary, Applied MagiX, made their Apple® HomeKit® smart home products available for purchase to the public late last week with a newly launched website and online store at https://appliedmagix.com and https://appliedmagix.com/shop.  We also learned from SPYR that the company is moving to implement additional distribution channels like Amazon, the most visited e-commerce property in the U.S. with over 2 billion global visitors each year. Applied MagiX is a registered Apple developer that was acquired by SPYR Technologies in late 2020.  The company develops and resells Apple ecosystem compatible products with an emphasis on the growing multi-billion-dollar smart home market, and while it continues to develop its own signature...

LOS ANGELES CALIFORNIA, April 05, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2020. 2020 Financial Highlights:Product Revenue increased 109% over 2019 comparable period. Total Revenue decreased 29% over 2019 comparable period. Online ecommerce sales increased 875% over 2019 comparable period. Increased number of online customers by over 718% over 2019 comparable period. B2B and government customers increased by 46% over 2019 comparable period. G&A expenses decreased 22% over 2019 comparable period. Loss from Operations decreased 435% over 2019 comparable period. Other Income/(Expense)...

ATLANTA, April 05, 2021 (GLOBE NEWSWIRE) — Manhattan Associates Inc. (NASDAQ: MANH) today announced that Groupe Dynamite, owner of the popular Dynamite and Garage fashion brands, has selected Manhattan Active® Point of Sale to deliver a more modern, customer-centric shopping experience. The retail leader will begin deploying Manhattan’s Point of Sale (POS) solution in 10 pilot stores this summer, with plans to expand to its remaining 300+ retail locations later this year. Groupe Dynamite creates, designs, markets and distributes a constantly evolving collection to more than 300 retail stores in the U.S. and Canada. The retailer uses Manhattan’s Omni and Warehouse Management solutions to manage the flow of products through these stores and its Canadian distribution center, but its progress towards true omnichannel commerce had been...

Multiple orders have been placed through the Company’s subscription payment plan as the demand for the EVO-HD in-car system with auto-activation increases Lenexa, KS, April 05, 2021 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced it has received multiple notable contracts for its EVO-HD in-car camera system with built-in auto-activation technology, body-worn cameras and cloud storage solution. Most notable, the Royal Barbados Police Force will equip its fleet of vehicles with the EVO-HD in-car camera system. This order represents the largest international deployment of the Company’s EVO-HD system to date. Additional...