Day: August 9, 2021
BOCA RATON, Fla., Aug. 09, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into definitive agreements with institutional investors for the purchase and sale of 10,126,583 shares of the Company’s common stock (or common stock equivalents) and warrants to purchase up to an aggregate of 6,075,950 shares of the Company’s common stock, at an effective purchase price of $3.16 per share of common stock (or common stock equivalent) and associated warrant, in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about August 11, 2021, subject to customary...
ProPhase Labs to Host Second Quarter 2021 Financial Results Conference Call on Friday, August 13, 2021 at 11:00 a.m. Eastern Time
Written by Customer Service on . Posted in Public Companies.
GARDEN CITY, NY , Aug. 09, 2021 (GLOBE NEWSWIRE) — ProPhase Labs, Inc. (NASDAQ: PRPH), a diversified medical science and technology company, will hold a conference call on Friday, August 13, 2021 at 11:00 a.m. Eastern time to discuss its results for the second quarter ended June 30, 2021. A press release detailing these results will be issued prior to the call.
ProPhase Labs’ CEO and Chairman of the Board of Directors, Ted Karkus, will host the conference call, followed by a question-and-answer period.
To access the call, please use the following information:Date:
Friday, August 13, 2021Time:
11:00 a.m. Eastern time, 8:00 a.m. Pacific timeParticipants can register for the conference call by navigating to: https://dpregister.com/sreg/10159437/ec3cd8f253
Please note that registered participants will receive their dial in...
Renavotio Announces Record First Half 2021 Results
Written by Customer Service on . Posted in Public Companies.
Highlighted by significant Revenue and Asset Growth compared to the same prior year period
Tulsa, OK, Aug. 09, 2021 (GLOBE NEWSWIRE) — Renavotio, Inc. (OTCQB: RIII) (the “Company”), a holding company focused on infrastructure opportunities, including personal protective equipment, 5G, utility construction, utility management, IoT, water, waste management technology, and related industries, today announced the Company’s financial results for the first half ended June 30, 2021.
Key Highlights for the First Half of 2021:Revenue of $2.58 million, an increase of 100% compared to June 30, 2020
Gross profit of $0.76 million, with gross margin of 29.5%
Current assets grew to $2.1 million, a 345% increase compared to June 30, 2020
Total assets grew to $5.9 million, a 1,177% increase compared to June, 2020
Prepaid expenses of $1.1 million...
DATA443 SIGNS LETTER OF INTENT TO ACQUIRE RANSOMWARE PROTECTION INNOVATOR, CENTURION TECHNOLOGIES®
Written by Customer Service on . Posted in Public Companies.
With over 3,000,000 seats sold in all regions of the world, Centurion Technologies’ patented ransomware generated unaudited revenues of nearly $1MM in 2020 and net positive cash from operations
RESEARCH TRIANGLE PARK, NC, Aug. 09, 2021 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced that it has executed a letter of intent to acquire certain assets of Centurion Technologies I, LLC (“Centurion”), a leading provider of ransomware protection and workstation security, DLP and related management software, and the innovator of Reboot/Restore Hard Drive Protection technology. The terms of the transaction were not disclosed.
What is Centurion:Recognized as the leading technical component to comply with major requirements...
Worlds Files Appeal with Federal Circuit to Reverse District Court’s Decision on Validity of 3-D Virtual Worlds Online Gaming Technology Patents
Written by Customer Service on . Posted in Public Companies.
Patent Trial and Appeal Board had ruled Worlds’ Patents valid in prior challenges
Boston, MA, Aug. 09, 2021 (GLOBE NEWSWIRE) — On Monday, August 2, 2021, Worlds Inc. filed its opening appellate brief with the U.S. Court of Appeals for the Federal Circuit, asking the Federal Circuit to reverse an adverse District Court ruling from April 30, 2021 in favor of defendants Activision Blizzard Inc., Blizzard Entertainment, Inc., and Activision Publishing, Inc. Worlds has been in litigation with the Activision defendants since 2012, with Worlds asserting infringement of its patent rights directed to three-dimensional virtual world technology and network architecture. That litigation ended when the District Court ruled that Worlds’ patents were invalid under 35 U.S.C. § 101 as directed to patent-ineligible subject matter.
Among other points...
Healthcare Data Startup H1 Acquires Carevoyance, Accelerating Entry into the Fast-Growing Medical Device Market
Written by Customer Service on . Posted in Mergers And Acquisitions.
Carevoyance Territory ManagerMedical Device Companies Powered by Territory ManagerNEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — H1, which provides the largest global healthcare platform that connects healthcare professionals, announced today that it has acquired Portland, Oregon based Carevoyance, which offers the best targeting, sales enablement, and physician segmentation platform to medical device sellers. The acquisition enables H1 to expand its presence in the medical device market, and allows Carevoyance – which will continue to operate independently, as a subsidiary of H1 – to include H1’s proprietary data in its product offering to provide more value to clients. Both companies will continue to serve customers in their respective markets.
The transaction provides for synergies to expand the...
Independence Holding Company Announces 2021 Second-Quarter and Six-Month Results
Written by Customer Service on . Posted in Public Companies.
STAMFORD, Conn., Aug. 09, 2021 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) today reported 2021 second-quarter and six-month results.
Financial Results
Net income attributable to IHC of $76,471,000 or $5.22 per share for the three months ended June 30, 2021 compared to $421,000 or $.03 per share, diluted, for the three months ended June 30, 2020. Net income attributable to IHC was $82,092,000 or $5.61 per share, diluted, for the six months ended June 30, 2021 compared to $4,699,000 or $.32 per share, diluted, for the six months ended June 30, 2020.
The Company entered into three transactions this year for the sales of Madison National Life Insurance Company, Inc. (“Madison National Life”) to Horace Mann Educators Corporation, Standard Security Life Insurance Company of New York (“Standard Security Life”) to...
LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in New York, Generating Approximately $82 Million in Annualized Revenue and $2.7 Million in Adjusted EBITDA
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORT LAUDERDALE, FL , Aug. 09, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its entry into a definitive acquisition agreement for a Kia dealership in New York, generating approximately $82 million in annualized revenue and $2 .7 million in adjusted EBITDA.Expected to close in the fourth quarter of this year.
Purchase price of approximately $14 million for goodwill expected to be funded through a combination of cash on LMP’s balance sheet, up to $5 million in common stock and debt financing.
Expected to add approximately $2.7 million in adjusted EBITDA or $0.26 per share in 2022.Richard Aldahan, LMP’s Chief Operating Officer, stated, “This acquisition will further expand our Northeast footprint. We intend to...
Volaris Group has acquired MetaViewer, a division of Metafile Information Systems
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Volaris Group Inc., has acquired MetaViewer, a division of Metafile Information Systems, headquartered in Rochester, MN. Metafile is a leading provider of accounts payable (AP) automation technology to Microsoft Dynamics users in North America.
“We are excited to work with the Metafile team and grow our footprint in the AP automation and financial space,” says Jay Hoffman, Group Leader at Volaris Group.
MetaViewer’s document management solution offers paperless capture of and access to invoices, purchase orders, and other documents. It automates workflows, helps eliminate manual data entry, and integrates with enterprise resource planning solutions.
MetaViewer will continue to operate under the Metafile brand under the leadership of CEO Nick Sprau.
“Our organization chose to become part...
Hill International Selected to Continue Capital Program Administration Services for the City of Philadelphia’s Capital Program at Philadelphia International Airport
Written by Customer Service on . Posted in Public Companies.
PHILADELPHIA, Aug. 09, 2021 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the City of Philadelphia, Division of Aviation, to provide Capital Program Administration support services for the City’s ongoing Capital Program at Philadelphia International Airport (PHL). Hill has supported PHL’s Capital Program for more than 20 years, helping to manage and implement budgets, deliver cost efficiencies, maximize investments, and advance the City’s diversity goals.
Hill’s services under the new contract will encompass end-to-end Capital Program services by assisting and managing the implementation of Capital projects. This includes capital budget development and implementation; financial governance and oversight; grants management services; program management...