Day: October 22, 2021

Xeriant moving Forward on XTI Merger Agreement

Written by Customer Service on October 22, 2021. Posted in Mergers And Acquisitions.

BOCA RATON, Fla., Oct. 22, 2021 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “The Company”), an aerospace company dedicated to Advanced Air Mobility, affirms it is working to complete a definitive merger agreement with XTI Aircraft Company, a cleantech OEM and developer of a leading hybrid-electric VTOL aircraft, the TriFan 600. The Company’s previously announced Letter of Intent provided for the two parties to enter into the definitive merger agreement with a target date of October 22, 2021. “We are making progress with our merger agreement and moving forward with completing the documentation as soon as practicable,” stated Keith Duffy, CEO of Xeriant. Maxim Group LLC was retained as Xeriant’s financial advisor to assist in the transaction. About XTI Aircraft Company Based in Englewood, Colorado, XTI Aircraft Company...

Proactive news headlines including Core Lithium, Lotus Resources, Chalice Mining and SUDA Pharmaceuticals

Written by Customer Service on October 22, 2021. Posted in Mergers And Acquisitions.

Sydney, Oct. 22, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Core Lithium Ltd (ASX:CXO) has passed another key milestone on its path to becoming Australia’s next lithium producer with a binding offtake agreement with a subsidiary of Jiangxi Ganfeng Lithium Co, Ltd now unconditional. Click here Lotus Resources Ltd (ASX:LOT) recently acquired the 6 million pound U3O8 Livingstonia Uranium Project located 90 kilometres from the company’s Kayelekera Uranium Project in Malawi. Click here Chalice Mining Ltd (ASX:CHN, OTCQB:CGMLF)’s Julimar Project strategy is to concurrently advance studies for an initial mining development at Gonneville on private farmland while continuing to define the full extent of mineralisation along...

A statement on behalf of Rogers Communications Inc.

Written by Customer Service on October 22, 2021. Posted in Public Companies.

TORONTO, Oct. 22, 2021 (GLOBE NEWSWIRE) — Rogers Communications is responding to last night’s announcement by the Company’s former Chairman Edward Rogers that he intends to remove the majority of the independent directors of Rogers Communications Inc. and replace them with nominees of the Rogers Control Trust through a written resolution without convening a meeting of shareholders. The Company is not aware of this mechanism ever having been utilized in respect of a public company in Canada. Directors of public companies are invariably removed at meetings of shareholders that are convened after proper notice and disclosure has been provided to all shareholders, and they have had an opportunity to consider the information and make an informed decision. This process generally takes several months or happens at the company’s annual...

OMNIQ Receives $7.8 Million Purchase Order From Leading U.S. Food Distributor

Written by Customer Service on October 22, 2021. Posted in Public Companies.

OMNIQ has now received over $13 million in orders from the same leading Food Distributor since February 2021 Customer with annual revenue of over $11 billion delivers products to more than 100,000 customers in North America. OMNIQ to provide IoT advanced solutions for customer’s distribution centers in the US and Canada. Contract includes Technical Support Services and device management software.SALT LAKE CITY, Oct. 22, 2021 (GLOBE NEWSWIRE) — OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received approximately a $7.8 million purchase agreement from one of the largest food distributors in the U.S. and North America for the supply of mobile computerized IoT equipment designed to collect, identify, track and trace...

The Board of HMS Networks AB (publ) has resolved to exercise authorization to repurchase shares

Written by Customer Service on October 22, 2021. Posted in Public Companies.

Based on the authorization granted by the Annual General Meeting on April 23, 2021, the Board of Directors of HMS Networks AB (publ) (“HMS”) has resolved to repurchase own shares in the company on Nasdaq Stockholm. Repurchase of the company’s own shares shall be carried out in a repurchase program with the purpose of securing HMS’ obligations to deliver performance shares according to HMS’ Share Saving Plan 2022-2025. The repurchases may commence on October 25, 2021 and will take place on one or more occasions during the period until the Annual General Meeting 2022. The repurchases will take place on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares and be administrated by Skandinaviska Enskilda Banken AB (publ), which will take trading decisions independently of HMS with regard to the...

Sify Technologies to announce Financial Results for Second Quarter FY 2021-22 on October 29, 2021

Written by Customer Service on October 22, 2021. Posted in Public Companies.

Chennai, Tamil Nadu, Oct. 22, 2021 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the second quarter ended September 30, 2021 on Friday October 29, 2021 before the market opens. In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. Kamal Nath, Chief Executive Officer and Mr. M P Vijay Kumar, Chief Financial Officer. Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International) with access code 287954, which will also be simultaneously broadcast...

Establishing of the Audit Committee of Enefit Green AS

Written by Customer Service on October 22, 2021. Posted in Public Companies.

At the meeting held on 22.10.2021 the Supervisory Board of Enefit Green AS decided to establish the Audit Committee and to elect Erkki Raasuke, Anne Sulling and Raine Pajo as its members.Enefit Green is one of the leading diversified renewable energy producers in the Baltic sea area. The Company owns 22 wind farms, 38 solar power plants, 4 cogeneration plants, a pellet plant and a hydroelectric plant located in Estonia, Latvia, Lithuania and Poland. As of 30 June 2021, the Group had a total installed electricity production capacity of 456.4 MW and a total installed heat production capacity of 81.2 MW. During 2020, the Company produced 1350 GWh of electricity and 543 GWh of heat.Further information:Sven KunsingHead of Finance Communicationsinvestor@enefitgreen.eehttps://enefitgreen.ee/en/investorile/

Harsco Corporation Named to Newsweek’s List of the Most Loved Workplaces for 2021

Written by Customer Service on October 22, 2021. Posted in Public Companies.

Harsco Corporation Ranked as 13 Among 100 U.S. Companies Recognized for Employee Sentiment and SatisfactionCAMP HILL, Pa., Oct. 22, 2021 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC) was featured today in Newsweek’s Most Loved Workplaces list for 2021, ranking at #13 among the top 100 companies recognized for employee happiness and satisfaction at work. Produced in collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company, the Newsweek list results were determined after surveying more than 800,000 employees from businesses with workforces varying in size from 50 to more than 10,000. “The people of Harsco are what make our company great. This accomplishment could not have been achieved without each of our 12,000 global employees,” said Wendy Livingston, Chief Human Resources...

PowerFleet Sets Third Quarter 2021 Conference Call for Thursday, November 4, 2021 at 8:00 a.m. ET

Written by Customer Service on October 22, 2021. Posted in Public Companies.

WOODCLIFF LAKE, N.J., Oct. 22, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, will hold a conference call on Thursday, November 4, 2021 at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) to discuss results for the third quarter ended September 30, 2021. Financial results will be issued in a press release prior to the call. PowerFleet management will host the presentation, followed by a question-and-answer session. Date: Thursday, November 4, 2021Time: 8:00 a.m. Eastern time (5:00 a.m. Pacific time)Toll Free: 888-506-0062International: 973-528-0011Entry code: 271464 The conference call will be broadcast simultaneously and available for replay here and in via the...

Beyond Meat® Updates Third Quarter 2021 Outlook; Earnings Conference Call Scheduled for November 10, 2021

Written by Customer Service on October 22, 2021. Posted in Public Companies.

EL SEGUNDO, Calif., Oct. 22, 2021 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND) (the “Company”) today announced that the Company is reducing its third quarter net revenues outlook. The Company is proceeding through its quarterly close, and based on preliminary results, the Company now expects third quarter net revenues of approximately $106 million as compared to prior guidance of $120 million to $140 million. Although the Company’s previous third quarter guidance anticipated a sequential decline in net revenues, the deceleration was larger than anticipated. Multiple factors contributed to the shortfall during the quarter. While the Company continues to study the drivers behind this quarter’s performance, the Company believes demand was impacted by broader ongoing macro and micro-economic factors, including among others,...

Day: October 22, 2021

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