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Day: August 17, 2021

Real Estate & E-Commerce Split Corp. Announces Increase to Class A Distribution Rate

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Real Estate & E-Commerce Split Corp. (TSX: RS) (the “Fund”), is pleased to announce an increase in the Fund’s monthly distribution rate from $0.10 per share to $0.13 per share. The distribution increase is supported by the ongoing recovery in the real estate sector stemming from the gradual reopening of the economy as well as recent merger and acquisition activity. Class A Shares were issued at $15.00 in November 2020, have a current Net Asset Value of $18.52 and have paid out $0.80 in monthly distributions.* * as of August 13, 2021Record Date Payable Date Distribution Per Equity ShareAugust 31, 2021 September 15, 2021 $0.13Real Estate & E-Commerce Split Corp. is comprised of a high conviction portfolio of leading North American real estate...

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Eneti Inc. Announces Financial Results for the Second Quarter of 2021 and Declares a Quarterly Cash Dividend

MONACO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended June 30, 2021. The Company also announced that on August 16, 2021 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company’s common shares. Results for the Three and Six Months Ended June 30, 2021 and 2020For the second quarter of 2021, the Company’s GAAP net income was $13.0 million, or $1.19 per diluted share, including:a gain on vessels sold of approximately $6.5 million, or $0.59 per diluted share, which is primarily the result of an increase in the fair value of common shares of Star Bulk Carriers Corp. (“Star Bulk”) (NASDAQ: SBLK) and Eagle Bulk Shipping Inc. (“Eagle”) (NASDAQ: EGLE) received as a portion of the compensation for the purchase...

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Ocean Power Technologies Announces DOE Award Supporting Development of Next Generation Wave Energy Converter Concept

MONROE TOWNSHIP, N.J., Aug. 17, 2021 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon ocean energy solutions, today announced that the U.S. Department of Energy (DOE) selected the Company to further the development of a next-generation wave energy converter. “Investment by the U.S. government towards the commercialization of clean energy technology is critical to achieving our nation’s net-zero emissions goals,” said Philipp Stratmann, President and Chief Executive Officer of OPT. “This award from the DOE will allow OPT to continue innovative blue tech power and data solution development.” In the DOE’s recently announced awards for clean energy Small Business Innovation Research (SBIR)...

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KULR Technology Group Announces Second Quarter 2021 Financial Results and Provides Shareholder Update Letter

SAN DIEGO, Aug. 17, 2021 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced its financial results for the second quarter ended June 30, 2021 and posted a Shareholder Letter to its website summarizing corporate updates since the beginning of the second quarter of 2021. KULR’s Q2 revenue increased by over 200% year-over-year as the Company continued to make significant investments in all areas of its business to sustain and expand in 2021 and beyond. The Company raised $6.5 million in equity capital on May 20, 2021, which strengthened the balance sheet and helped facilitate KULR’s uplisting to the NYSE-American exchange on June 07, 2021....

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eGain Virtual Financial Coach™ Experiences Early Success with Credit Unions

85% of users rate their personalized coaching plan achievable SUNNYVALE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) — eGain (NASDAQ: EGAN), the leading cloud platform for customer engagement automation, today announced that 25 credit unions have deployed the eGain Virtual Financial Coach since its launch in March earlier this year. Thousands of consumers are already using the Coach for advice and user feedback has been positive. Once the Coach develops a personalized coaching plan for a customer, it engages her in a continuous conversation with proactive, behavioral nudges via messaging and digital channels.85% users say that the personalized plan prescribed by the Coach is achievable. 88% users say that the coaching experience is valuable.Matt Duthler, Marketing Director at Northland Area Federal Credit Union said: “Northland...

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REE Automotive Announces Second Quarter 2021 Financial Results

Listed on NASDAQ under Ticker “REE” Continued to Penetrate the EV Industry through Multiple Strategic Alliances with Global Industry Leaders, based on Modular Platforms ‘Powered by REE’ Working Toward Mass Commercial Production in 2023 Company to Host Conference Call on August 17 at 8.30 am ETTEL-AVIV, Israel, Aug. 17, 2021 (GLOBE NEWSWIRE) — REE Automotive (NASDAQ: REE), a leader in e-Mobility, today announced its financial results for the second quarter of 2021. REE is focused on executing milestone deliverables on its signed strategic collaborations spanning market segments including trucks, walk-in vans, Mobility-as-a-Service and autonomous vehicles. The Company closed its merger with 10X Capital Venture Acquisition Corp. on July 22, 2021. Daniel Barel, REE Automotive Co-Founder and Chief Executive Officer: “Through the...

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Outbrain Announces Second Quarter 2021 Earnings Results

Record Revenue, Ex-TAC Gross profit and profitabilityRevenue increased 57% to $247 millionGross profit and Ex-TAC Gross profit grew 84% and 68%, respectivelyStrong operating leverage: Net Income of $15.2 million and Adjusted EBITDA of $24.6 million NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) — Outbrain Inc. (“Outbrain”) (Nasdaq: “OB”), a leading recommendation platform for the open web, announced today financial results for the quarter ended June 30, 2021. “Following our IPO in July 2021, we are excited to report our first quarterly earnings as a public company,” said Yaron Galai, Outbrain’s Co-founder and Co-CEO. “The IPO is an exciting milestone and the start of our journey as a public company. I would like to thank our team and business partners for helping us achieve such a monumental milestone for the Company. I am excited...

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LiveWire Ergogenics Enters Consulting and Marketing Service Agreement with Makana Ola Farms Located in Humboldt California

Anaheim, CA, , Aug. 17, 2021 (GLOBE NEWSWIRE) — LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring, managing, and licensing special purpose real estate properties conducive to produce high-quality, handcrafted, and organically grown cannabis products for medical and recreational adult-use in California, today announced that it has entered into a consulting and marketing service agreement with Makana Ola Farms located in Humboldt, California adding to its portfolio of carefully selected affiliate companies. Bill Hodson, CEO of LiveWire, states, “We are expanding our affiliations with cultivators and adding to our current portfolio such as Estrella River Farms in Paso Robles, California. Our expert team spearheaded by LiveWire will assist Makana Ola through the remaining licensing process for the facility...

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Mineworx retains Core Consultants for Marketing and Public Relations Services

EDMONTON, Alberta, Aug. 17, 2021 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3), is pleased to announce it has retained PR | Re:Public, a division of Core Consultants, to assist with branding and communications as the Company continues to move forward with its business plan. PR | Re:Public will work in conjunction with The Howard Group in telling the Mineworx story to the investing public. The agreement can be cancelled on or before October 1, 2021, and includes a monthly retainer of $5,800 USD. If the agreement is not cancelled by October 1, 2021, it will extend until June 30, 2022. The Agreement is subject to the approval of the TSX Venture Exchange. Greg Pendura, Mineworx President and CEO, stated, “We are excited to partner...

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Himax Technologies, Inc. to Attend Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 – September 1, 2021

TAINAN, Taiwan, Aug. 17, 2021 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that the Company will attend Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 – September 1, 2021. The Company management will host meetings with interested investors during the conference dates. Conference participation is by invitation only and registration is mandatory. For more information on the conference or to schedule a one-on-one or group meeting, please contact a Jefferies representative or the conference coordinator at: IZakoscielny@Jefferies.com  About Himax Technologies, Inc. Himax Technologies, Inc. (NASDAQ: HIMX) is a fabless semiconductor...

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