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Month: May 2021

MICT’s filing of a registration statement today relates to registration of a portion of restricted shares previously issued, as well as the registration of a new shelf registration statement, and does not reflect a new issuance of stock

MONTVALE, N.J., May 17, 2021 (GLOBE NEWSWIRE) — Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an S-3 registration statement. The Company wishes to note that the filing is for dual purposes as follows: (i) registering a portion of the restricted shares it has already issued; and (ii) registering a new shelf registration statement to enable it to take advantage of potential growth opportunities in the future. Today’s filing does not have any effect on the Company’s number of shares presently issued and outstanding. About MICT, Inc.MICT, Inc. (NasdaqCM: MICT) operates through its subsidiaries, GFH Intermediate Holdings Ltd (“GFHI”) and its various fully owned subsidiaries or VIE structures. And Micronet. GFHI’s versatile proprietary trading technology platform is designed to serve a large number...

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US Lighting Group, Inc. spins off Intellitronix to focus on bigger markets

Euclid, Ohio, May 17, 2021 (GLOBE NEWSWIRE) — The US Lighting Group, Inc. (OTC:USLG), announced today that it has teamed up with Evergreen Cooperatives, an internationally recognized nonprofit focused on revitalizing urban neighborhoods by preserving jobs that build middle-class wealth, to transition its wholly owned subsidiary, Intellitronix Corp. to an employee owned model. Intellitronix, a wholly owned subsidiary of the US Lighting Group (OTC: USLG), manufactures automotive aftermarket digital gauges for the antique and muscle car markets. Fund for Employee Ownership, an Evergreen Cooperatives social impact initiative designed to fund company transitions to employee ownership, acquired certain assets of Intellitronix Corp.   The Fund’s mission is “to make a positive impact on America’s economy, our capital markets, and people’s...

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Groupe TF1 and Groupe M6 enter into exclusive negotiations to provide a French response to the challenges from global platforms

GROUPE TF1 AND GROUPE M6 ENTER INTO EXCLUSIVE NEGOTIATIONS TO PROVIDE A FRENCH RESPONSE TO THE CHALLENGES FROM GLOBAL PLATFORMSProposed merger between Groupe TF1 and Groupe M6 to create the French media group with the broadest TV, radio, digital, content production and technology offering to the benefit of all viewers and the French audiovisual industry. Acceleration of the development of a French streaming champion combining a catch-up and live streaming offer (based on MyTF1 & 6play) and a SVOD service. Building upon the know-how and complementarity of the two groups – with strong commitment to creativity, diversity and pluralism of opinion, promoting French and European culture. Consolidated 2020 Pro Forma financials of the merged company: €3.4bn revenues and Current operating profit of €461M1. Value creation for all shareholders...

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Pacific Health Care Organization, Inc. Reports First Quarter 2021 Results

Newport Beach, May 17, 2021 (GLOBE NEWSWIRE) — Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) today filed with the Securities and Exchange Commission (the “Commission”) its quarterly report on Form 10-Q announcing financial results for the quarter ended March 31, 2021. Quarterly Results The Company reported total revenue of $1,324,362 for the quarter ended March 31, 2021, compared with total revenue of $1,552,909 for the quarter ended March 31, 2020.  The Company reported net income of $507,285 or $0.04 per share on a basic and fully diluted basis for the first quarter 2020, compared to net income of $123,128 or $0.01 per share on a basic and fully diluted basis for the first quarter 2020. Net cash provided by operating activities was $414,528 during the three months ended March31, 2021, compared to $404,754...

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Hudbay Announces Election of Directors

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that each of the ten individuals nominated for election as a director of Hudbay at the company’s Annual and Special Meeting of Shareholders held on May 17, 2021 was elected. The detailed voting results are set out below:Director Number of Votes FOR Number of Votes Withheld Percentage of Votes FORCarol T. Banducci 193,235,851 925,004 99.52%Igor A. Gonzales 190,799,304 3,361,551 98.27%Richard Howes 192,979,327 1,181,528 99.40%Sarah B. Kavanagh 193,643,555 517,300 99.73%Carin S. Knickel 192,892,377 1,268,478 99.35%Peter Kukielski 193,493,754 667,101 99.66%Stephen A. Lang 190,464,899 3,695,956 98.10%Daniel Muñiz Quintanilla 193,645,172 515,683 99.73%Colin Osborne 193,587,734 573,121 99.71%David...

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At the request of the main shareholder, the Board of directors of NAXS AB will convene an extraordinary general meeting to replace the Company’s entire Board

The Board of NAXS AB (the “Company”) has received a letter from QVT Financial LP, on behalf of Tompkins Square Park S.à.r.l. holding 68,2% of the Company’s shares requesting that the Board calls an EGM to replace the entire Board of NAXS. In accordance with the Swedish Companies Act (Sw. aktiebolagslagen) the Company will publish a notice to convene an EGM no later than 24 May 2021.  The Board of Directors of NAXS AB Contact information: Lennart Svantesson, CEO Telephone: +46 73 311 00 11 This information is information that NAXS AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 23.30 CET on May 17, 2021.  This press release and further information is available on the Company’s website, www.naxs.se....

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The State Bank Announces Appointment of Kelly Myers to Fentura Financial, Inc. Corporate Board of Directors

DIRECTORMYERSFENTON, Mich., May 17, 2021 (GLOBE NEWSWIRE) — Fentura Financial, Inc. and The State Bank are excited to announce the appointment of Kelly Myers to the Board of Directors for both Fentura Financial, Inc. and The State Bank. Kelly Myers holds a Bachelor of Arts degree from Alma College, where she majored in history and business with a pre-law emphasis. She also received her Juris Doctor from the University of Detroit School of Law, her Master of Business Administration from the University of Detroit and countless educational honors. In 2004, she started Myers & Myers, PLLC – a practice that focuses on real estate (transactional and litigation), commercial litigation, corporate law, creditor rights, bankruptcy and banking. She is a member of several National and Local organizations, including the...

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Brown & Brown, Inc. Announces the Asset Acquisition of Piper Jordan

DAYTONA BEACH, Fla., May 17, 2021 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Robyn Piper and Jay Jordan, the principals of Piper Jordan, today announced that Brown & Brown has acquired substantially all of the assets of Piper Jordan. Piper Jordan is a leading employee benefits advisory firm providing a spectrum of services, including benefits consulting, administration, advocacy, and communication. In a short period of time, Robyn, Jay, and the dedicated Piper Jordan team have become trusted advisors for Fortune-ranked companies and other large employers. The company’s innovative design approach and market trend expertise drive the creation of benefits strategies that meet members’ expectations while containing costs, reducing risk, and guiding participants toward...

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Riot Blockchain Reports Record First Quarter 2021 Financial Results, Current Operational and Financial Highlights

Castle Rock, CO, May 17, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”), one of the leading Nasdaq-listed public Bitcoin (“BTC”) mining companies in the United States, reported financial results as of and for the three-months ended March 31, 2021. The unaudited financial statements are available on Riot’s website and here.Increased mining revenue by 881.1% to $23.2 million for the three-month period ended March 31, 2021, as compared to $2.4 million for the same three-month period in 2020. Increased mining revenue margin to 67.5% for the three-month period ended March 31, 2021, as compared to 40.4% for the same three-month period in 2020. Produced record net income of $7.5 million, or $0.09 per share for the three-month period ended March 31,...

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WPT Industrial Real Estate Investment Trust Announces May 2021 Distribution

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of May 2021 of US$0.0633 per unit. The distribution will be payable on June 15, 2021 to unitholders of record as of the close of business on May 31, 2021. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors –...

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