Day: May 3, 2021

Amyris and Ingredion Partner to Manufacture and Market Sugar Reduction and Fermentation-Based Food Ingredients

Written by Customer Service on May 3, 2021. Posted in Public Companies.

EMERYVILLE, Calif. and WESTCHESTER, Ill., May 03, 2021 (GLOBE NEWSWIRE) — Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biotechnology company active in the Clean Health and Beauty markets through its consumer brands and a top supplier of sustainable and natural ingredients, today announced that it has signed an agreement with Ingredion Incorporated (NYSE: INGR), a leading global ingredient solutions provider to the food and beverage industry, for the exclusive licensing of Amyris’s zero-calorie, nature-based, fermented Reb M sweetener. In addition, the agreement includes an Ingredion minority ownership stake in the Amyris Brazilian manufacturing facility that is currently under construction.The combination of Amyris’s leading synthetic biology technology platform to develop, scale and produce fermentation-based products with...

Wilsonart Acquires Flagg Incorporated

Written by Customer Service on May 3, 2021. Posted in Mergers And Acquisitions.

AUSTIN, Texas, May 03, 2021 (GLOBE NEWSWIRE) — Wilsonart Engineered Surfaces announced today it has acquired Flagg Incorporated, a leading wholesale distributor to the building and remodeling industry. Based in Cincinnati with branches in Ohio, Kentucky and Indiana, Flagg distributes supplies and services for the cabinet-making industry, including engineered decorative surfaces, board, hardware and components. This strategic acquisition represents significant growth potential for Wilsonart by expanding the company’s footprint in the Midwest. “The acquisition of Flagg complements Wilsonart’s company culture and greatly enhances the services we offer with four locations across Ohio, Indiana and Kentucky,” said Andrew Korzen, vice president of sales for Wilsonart. “We look forward to increasing Wilsonart’s company-owned distribution...

GLOBAL TECH INDUSTRIES GROUP, INC. EXECUTES NON-BINDING LETTER OF INTENT TO EXPAND PARTNERSHIP WITH ALT 5 SIGMA TO LAUNCH A REGISTERED ALTERNATIVE TRADING SYSTEM (“ATS”)

Written by Customer Service on May 3, 2021. Posted in Public Companies.

New York, NY, May 03, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, is pleased to announce that it is furthering its endeavors with ALT 5 Sigma Inc., to launch a Registered Alternative Trading System (“ATS”). According to the Company, GTII plans to acquire a controlling interest in Alt 5’s Beyond Markets project, which includes the ALT 5 licensed trading platform, order management, order matching and complete suite of front-to-back-office applications and FIX protocol API. The Company also intends to acquire a membership interest in Wynston Hill Capital LLC, a New York based FINRA Member Broker Dealer, as well as an equity stake in Wynston Hill Ventures Inc. David Reichman, Chairman of GTII, stated, “The registration of Beyond Markets as...

Better Collective acquires leading US sports betting media platform, Action Network, for 240 mUSD

Written by Customer Service on May 3, 2021. Posted in Mergers And Acquisitions.

Regulatory release no. 14 With the acquisition of Action Network, Better Collective gains clear market leadership within sports betting media and affiliation in the US and now expects to increase its revenues in the US to more than 100 mUSD by 2022. Sports betting media group, Better Collective, today announces that it has signed an agreement to acquire 100% of the shares in Action Network, Inc. (“Action”) for 240 mUSD (198 mEUR) on a cash and debt free basis. Founded in 2017 and launched in 2018, Action is uniquely positioned in the US market as the premium sports content and product destination for US sports bettors. A trusted source for sports fans, Action’s media platforms provide an enhanced experience for its users through original sports news content, premium insights, deep menus of odds and proprietary betting tools and data. Action’s...

Velan Inc. Announces the Appointment of Benoit Alain as Special Advisor to the Chief Executive Officer. He Will Assume the Position of Chief Financial Officer on June 1, 2021

Written by Customer Service on May 3, 2021. Posted in Public Companies.

MONTREAL, May 03, 2021 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce as part of the planned succession of the Company`s finance department, the appointment of Benoit Alain as its new Chief Financial Officer. Beginning today as Special Advisor to the CEO, M. Alain will undertake his official responsibilities as CFO on June 1, 2021. He will be a key member of the Company’s Senior Management team and will succeed John Ball, who has been effectively carrying out his mandate as interim Chief Financial Officer since last January. As of June 1, Mr. Alain will report directly to Yves Leduc, CEO, as well as the Chair of the Audit Committee of Velan Inc. Benoit Alain, an international executive, began his career at Raymond Chabot Martin Paré, and progressed...

Baltic Horizon Fund SPV plans private placement of bonds to finance construction of Meraki office building

Written by Customer Service on May 3, 2021. Posted in Public Companies.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Northern Horizon Capital AS informs of the plan to organize an issue of secured bonds of Baltic Horizon Fund SPV, BH Meraki UAB in the aggregate nominal value of up to EUR 8 million with the maturity date of 18 months as of the issue date with a possibility to issue the bonds in multiple tranches. The issue size of the first tranche is intended to be up to EUR 4 million. The bonds will be secured with a 1st rank mortgage on the properties located at Eitminų str. 3 and Ukmergės str. 308, Vilnius, Lithuania and with a surety granted...

Baltic Horizon Fund SPV plans private placement of bonds to finance construction of Meraki office building

Written by Customer Service on May 3, 2021. Posted in Public Companies.

Infobird Co., Ltd Announces Anticipated Filing of Annual Report on Form 20-F

Written by Customer Service on May 3, 2021. Posted in Public Companies.

BEIJING, May 03, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Infobird Co., Ltd (“Infobird”), a software-as-a-service provider of innovative AI-powered, or artificial intelligence-enabled, customer engagement solutions in China, announces that it intends to file its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (“SEC”) on or before May 15, 2021, as set forth in the Form 12b-25 filed with the SEC on April 29, 2021. Once filed, the annual report on Form 20-F, which will contain Infobird’s audited consolidated financial statements, will be accessible through the SEC’s website at http://www.sec.gov or Infobird’s website at www.Infobird.com. About Infobird Co., Ltd Infobird, headquartered in Beijing, China, is a software-as-a-service provider of innovative AI-powered,...

CAST Software Inc.: Q1 revenue up 35%

Written by Customer Service on May 3, 2021. Posted in Public Companies.

(+40% at constant currency) Confirmation of the strategy’s relevanceRevenue in €M 2021 2020 Variation % ATI*Q1 9.0 6.63 +2.35 +35.4%* At prevailing exchange rates NEW YORK and PARIS, May 03, 2021 (GLOBE NEWSWIRE) — Pioneer and category leader in software Intelligence, CAST delivered an excellent first quarter that was marked, in particular, with many contracts with new clients and a diverse geographic distribution of revenue. The quarter also marks a milestone joint go-to-market agreement reached with Accenture, similar to the existing agreement with IBM Global Business Services, for faster, safer and easier application modernization and cloud migration of their clients’ complex custom-build applications. At the end of March, revenue was up sharply by 35% (+40% at constant currency) compared with Q1 2020. The investment...

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results For The First Quarter Ended March 31, 2021

Written by Customer Service on May 3, 2021. Posted in Public Companies.

JACKSONVILLE, Fla., May 03, 2021 (GLOBE NEWSWIRE) — FRP Holdings, Inc. (NASDAQ-FRPH) First Quarter Operational HighlightsPhase II (The Maren) of the development known as RiverFront on the Anacostia in Washington, D.C., reached stabilization meaning 90% of the individual apartments had been leased and occupied by third party tenants. The attainment of stabilization resulted in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning March 31, 2021, the Company consolidated the assets (at current fair value), liabilities and operating results of the joint venture.First Quarter Consolidated Results of Operations Net income for the first quarter of 2021 was $28,373,000 or $3.03 per share versus $1,618,000 or $.16 per share...

Day: May 3, 2021

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