Day: August 26, 2021
Gen Z sees greatest growth; Shoppers invest in luxury to earn big returns
SAN FRANCISCO, Aug. 26, 2021 (GLOBE NEWSWIRE) — The RealReal (Nasdaq: REAL) —the world’s largest online marketplace for authenticated, resale luxury goods—today released its 2021 Luxury Resale Report. The report charts the current state of luxury resale, including COVID’s lasting impact on how people are buying and selling, based on the behaviors of The RealReal’s 23+ million members and the data behind its 19+ million items sold.
More people bought and sold into the circular economy over the past year than ever before — 29% of buyers made their first ever pre-owned luxury purchase in the past year and 45% of The RealReal’s new consignors in the first quarter of this year had never consigned before. Shoppers are becoming increasingly conscious consumers,...
Verizon completes final allocation of its second $1 billion green bond
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NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) — Today, Verizon issued its Green Bond Impact Report, outlining the full allocation of the nearly $1 billion of net proceeds from its second green bond.
Verizon became the first U.S. telecom company to issue a green bond back in February 2019. In September 2020, the company issued its second green bond, and remains the only U.S. telecommunications company to complete the full allocation of two green bonds.
“To date, we have issued $2 billion in green bonds that support the transition to a greener grid and help us achieve our ambitious goal of net zero emissions in our operations by 2035,” said Matt Ellis, Verizon’s executive vice president and chief financial officer. “Verizon’s green bond projects demonstrate our long-term commitment to minimize our environmental impact, drive operating...
Big Screen Entertainment Expands With New Content
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Kimberley Kates – Big Screen EntertainmentBig Screen Entertainment Group executive, Kimberley KatesBEVERLY HILLS, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Big Screen Entertainment Group (OTC: BSEG) is embarking on a burst of expansion in film, television, and streaming as the Los Angeles company looks to create compelling new content.
On the film side, work has begun on an animated retelling of “Cinderella” with Animation Renaissance Studios and award-winning director, Catherine Taylor. A proof of concept film is being completed for another family project, the Christmas movie “Santa4Real,” by acclaimed French directors The Deka Bros.
On the television side, a first script for proposed sci-fi series “Singularity Principle” has just been delivered, and a table read for teen adventure series, “Earth Angels”...
Proceedings at the Extraordinary General Meeting on August 26, 2021
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Company announcement no 12-2021
Søborg, August 26, 2021
Proceedings at the Extraordinary General Meeting on August 26, 2021
The Extraordinary General Meeting of Konsolidator A/S took place on August 26, 2021 at Konsolidator A/S, Vandtårnsvej 83A, 2860 Søborg, in accordance with the agenda.
The board of directors elected Søren Elmann Ingerslev, attorney-at-law, as chairman of the meeting.
The board of directors had proposed that the board of directors is authorized to issue a convertible loan and to resolve on the related capital increase with a nominal value of up to DKK 40,000. The authorization was proposed to be valid until 1 September 2023. Consequently, it was proposed to amend the articles of association with the insertion of a new section 4.5, which includes the authorization to the board of directors.
The proposal was approved...
ReelTime’s CEO Vows to Reduce Potential Dilution by More Than 1.5 Billion Shares by Pledging Personal Shares and Others in Debt Reduction Plan Leading to Uplist
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SEATTLE, WA, Aug. 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ReelTime Media (OTC PINK:RLTR) reported that it is moving forward with its plans to dramatically decrease the number of shares that could potentially be converted from old notes. As part of the plan, ReelTime’s CEO Barry Henthorn has agreed to modify all of the notes he has personally or that he controls to much higher rates of conversion.
Modifications to the notes vary based on the individual notes but the impact of this alone is expected to reduce the number of shares potentially diluted by more than 1.5 billion. Additional note modifications with other note holders are also planned along with the Company paying off other notes entirely.
Barry Henthorn stated: “Now that the Company has met all of its financial reporting requirements in accordance with the...
Q1, 2021/22
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To Nasdaq OMX Copenhagen A/S
Public announcement no. 507
August 26th, 2021ECONOMIC KEY FIGURES FOR GLUNZ & JENSEN HOLDING A/S Q1 2021/22
The Q1, 2021/22 of the fiscal year was reviewed and approved at the Board of Directors meeting today. The Board of Directors announces the following consolidated financial statements year to date (YTD) for Q1 (the first 3 months) of 2021/22.
The Q1 result of the fiscal year 2021/22 has met the expectations under difficult market conditions.
HighlightsThe revenue for YTD Q1 2021/22 was impacted by COVID 19 and amounted to DKK 35,9 million (2020/21: DKK 33,7 million).
The process of strengthening earnings by streamlining and consolidating production and supply chain at the subsidiary in Slovakia is following the outlined plan and is close to being finalized.
An ambitious reduction of fixed...
Nextech AR Solutions Positioned To Lead The Metaverse With Today’s Closing Of ARWAY Ltd.
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VANCOUVER, BC, Canada, Aug. 26, 2021 (GLOBE NEWSWIRE) — Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has closed the previously announced acquisition of U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses”, which the Company is actively pursuing and believes is a market opportunity as big as the metaverse itself.
Industry leaders such as Facebook, Epic Games, Microsoft and others have all identified the Metaverse as the future of the internet...
ORBCOMM Achieves Cradlepoint 5G For Enterprise Branch Specialization
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ORBCOMM to support Cradlepoint as a leading partner in bringing powerful 5G technology to global customers in the industrial IoT industryORBCOMM and CradlepointORBCOMM is one of the first Cradlepoint partners to receive its 5G for Enterprise Branch Specialization, which will help the Company deliver advanced IoT solutions with richer content, faster and more reliable connectivity and higher bandwidth to our global customers.ROCHELLE PARK, N.J., Aug. 26, 2021 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner...
Diana Shipping Inc. Announces Time Charter Contract For M/V Selina with ASL
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ATHENS, Greece, Aug. 26, 2021 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Shipping HK Limited, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$26,500 per day, minus a 5% commission paid to third parties, for a period until minimum June 15, 2022 up to maximum September 15, 2022. The charter is expected to commence on September 1, 2021. The m/v Selina is currently chartered, as previously announced, to ST Shipping and Transport Pte. Ltd., Singapore, at a gross charter rate of US$11,000 per day, minus a 5% commission paid to third parties.
The “Selina” is a 75,700 dwt Panamax...
SurgePays Reports Second Quarter 2021 Financial Results and Provides Corporate Update
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BARTLETT, Tenn., Aug. 26, 2021 (GLOBE NEWSWIRE) — SurgePays, Inc. (OTCQB: SURG) (“SurgePays” or the “Company”), a blockchain financial technology company building a next generation supply chain network in the U.S. for convenience stores, mini-marts, tiendas, bodegas, gas stations, and other merchants serving underbanked consumers, today announces financial results for the second quarter ended June 30, 2021 and provides a corporate update.
Recent Corporate Highlights:Continued to progress towards an expected Nasdaq up-list of the Company through the customary regulatory process and filings
Continued to progress towards an IPO of the Company’s SaaS subsidiary LogicsIQ, Inc. (formerly Surge Logics, Inc.)
Announced approval from the Emergency Broadband Benefit (EBB) Program to provide discounted broadband services through the Company’s...