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Month: May 2021

OSF Digital Acquires Adept Group to Strengthen B2B Reach and Target B2C Commerce Brands in APAC

The digital commerce-focused systems integrator enhances its B2C services in New Zealand and Australia, while establishing a leading position for its B2B commerce capabilities in the region QUEBEC CITY, May 18, 2021 (GLOBE NEWSWIRE) — OSF Digital, a leading provider of commerce solutions and digital transformation services to B2B and B2C companies worldwide, announces the acquisition of Adept Group. OSF is acquiring Adept as part of a global effort to expand its geographic reach. The terms of the deal are not being disclosed. OSF Digital, a Salesforce Partner for over 10 years, is focused on becoming the go-to digital commerce transformation partner to brands globally. The firm’s deep industry expertise enables it to identify a client’s unique requirements and launch innovative commerce solutions dedicated to specific markets and...

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Global Tech Industries Group, Inc. Believes it is Positioned for Sustained Growth in 2021 and Beyond

New York, NY, May 18, 2021 (GLOBE NEWSWIRE) — (GTII:OTCQB) Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it is performing ahead of schedule regarding the goals it laid out in its 2020/2021 business plan, including up-listing to the OTCQB marketplace, pursuing and closing potential acquisitions and stock exchange partners in the eye health and wellness industries, and improving its balance sheet, cash flow and operations. During the calendar year 2020, the Company was successful in converting 4.66 million dollars of debt into equity through the issuance of stock and options to debt holders, as well as improving its liquidity and working capital by almost $400,000 dollars. The total equity of GTII increased by $3.9 million dollars in 2020, which...

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Data Storage Corporation Announces Closing of Upsized $10.8 Million Public Offering

MELVILLE, N.Y., May 18, 2021 (GLOBE NEWSWIRE) — Data Storage Corporation (NASDAQ: DTST, DTSTW) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the closing of its previously announced underwritten public offering of 1,600,000 units at a price to the public of $6.75 per unit. Each unit issued in the offering consisted of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $7.425. The common stock and warrants were immediately separable and were issued separately. The common stock and warrants began trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols “DTST” and “DTSTW,” respectively. DSC received gross proceeds of approximately...

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CORRECTION — Viper Networks, Inc.

TROY, Mich., May 18, 2021 (GLOBE NEWSWIRE) — In a release issued today by Viper Networks, Inc. with the headline “Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch 100 Million Phase 1 Smart City Project in Sri Lanka,” please note that currency was not indicated in the headline or first paragraph. It is USD. The corrected headline and first paragraph follow: Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch $100 Million USD Phase 1 Smart City Project in Sri Lanka Viper Networks, Inc. (OTC Pink: VPER), (Company), an international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce partnership with local service provider interconnected to three (3) separate contracts with Sri Lanka Telecom...

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Vitru Limited to Report First Quarter 2021 Financial Results on May 26, 2021

FLORIANÓPOLIS, Brazil, May 18, 2021 (GLOBE NEWSWIRE) — Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it will report its first quarter 2021 financial results after market close on Wednesday, May 26, 2021. Vitru will host a corresponding webcast and conference call at 4:30 p.m. Eastern time on that day. A live and archived webcast of the call will be available on the Investor Relations section of Vitru’s website at https://investors.vitru.com.br. Investors may listen to the conference call (ID: 2578317) by dialing in to (833) 614-1391 or +1 (914) 987-7112 at 4:30 p.m. Eastern Time on May 26, 2021. About Vitru Vitru is the leading pure distance learning education group in the postsecondary distance learning market in Brazil. Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid...

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Ingredion Releases 2020 Sustainability Report

WESTCHESTER, Ill., May 18, 2021 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today released its All Life sustainability report, which highlights the Company’s progress and accomplishments toward its established 2030 global sustainability goals. The report outlines the Company’s transparent sustainability agenda toward people & planet safety, human rights, DEI & belonging, innovation, environmental impact, biodiversity protection, sustainable and regenerative agriculture, food security and community impact. “We believe that operating sustainably is a shared responsibility that provides exciting opportunities to collaborate with our customers and all stakeholders to contribute to a more sustainable future,” said Jim Zallie, Ingredion’s...

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Valoe Corporation Business Review January – March 2021

Valoe Corporation         Stock Exchange Release 18 May 2021 at 21.15 Finnish time THE FIRST QUARTER OF 2021  In January – March 2021, the net sales of Valoe Group, under the IFRS standards, were EUR about 0.3 million (in 2020 EUR 0.3 million). The EBIT was ca. EUR -1.4 million (EUR -0.9 million), the profit for the period was ca. EUR -1.8 million (EUR -1.3 million). The EBITDA was about EUR -1.1 million (EUR -0.6 million). At the end of the reporting period, Valoe Group’s equity ratio including capital loans was 18.5 percent (-0.3 %).  In January 2021, the company issued a convertible bond of EUR 3.4 million, which was oversubscribed. The company raised new funding of a total of EUR 2.4 million through the convertible bond, and the indebtedness of the company decreased in total by EUR 1.0 million.  Interest in Valoe’s OddForm...

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Eloxx Pharmaceuticals, Inc. Announces Closing of Public Offering of Common Stock Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

WALTHAM, Mass., May 18, 2021 (GLOBE NEWSWIRE) — Eloxx Pharmaceuticals, Inc. (the “Company”) (Nasdaq: ELOX), a leader in ribosomal RNA-targeted genetic therapies for rare diseases, today announced the closing of an underwritten public offering of 38,333,334 shares of common stock at a public offering price of $1.35 per share. The closing included the full exercise of the underwriters’ option to purchase an additional 5,000,000 shares of common stock at the public offering price, less underwriting discounts and commissions. Aggregate gross proceeds from the offering were approximately $51.75 million, before deducting underwriting discounts and commissions and offering expenses. B. Riley Securities, Inc. is acting as sole-book running manager for the offering. A shelf registration statement on Form S-3 related to the offered shares...

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Proactive news headlines including Mountain Valley MD Holdings, Viscount Mining, CytoDyn and Gungnir Resources

New York, May 18, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:  Mountain Valley MD Holdings Inc (CSE:MVMD) (OTCQB:MVMDF) (FRA:20MP) hails Ivectosol lab study results on COVID-19 variants click here FansUnite Entertainment Inc (CSE:FANS) (OTCQB:FUNFF) in licensing deal with Money Line Sports to launch online sports betting portal MoneyLineSports.tv click here Safe-T Group Ltd (NASDAQ:SFET) wins two awards from Cyber Defense Magazine click here Tetra Bio-Pharma Inc (TSE:TBP) (OTCQB:TBPMF) proposes election of two more nominees at upcoming meeting; unveils board changes click here Viscount Mining Corp (CVE:VML) (OTCQB:VLMGF) completes analysis of geophysical and geochemical studies at Silver Cliff property click...

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Meritage Announces Annual Meeting Results and Increased Second Quarter Dividend

GRAND RAPIDS, Mich., May 18, 2021 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders elected eight directors: Chris A. Armbruster, Duane F. Kluting, Joseph L. Maggini Sr., Dirk J. Pruis, Gary A. Rose, Robert E. Schermer, Sr., Robert E. Schermer, Jr. and Peter D. Wierenga. Each director will serve a one-year term until the 2022 Annual Shareholders Meeting. The CEO’s Report is available on the Company’s website and OTCQX: MHGU. Common Stock Special Dividend Following the Annual Shareholders Meeting, the Company’s Board of Directors approved a quarterly dividend of $0.08 per share. The dividend is payable on July 1, 2021 to shareholders of record on June 15, 2021. “After a robust first quarter,...

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