Month: March 2022
TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced the acquisition of TransLoc Inc. (“TransLoc”), a provider of microtransit, on-demand services, and fixed route transportation solutions for public transit, universities, and transit operators, from Ford Motor Company.
While part of Ford’s mobility portfolio, TransLoc’s SaaS-based solutions helped to support more than 1,500 transport providers across the US, delivering more than 600 million rides on an annual basis. In its first ten years, TransLoc created America’s first live regional transit map, the first bus tracking mobile app, and were awarded a transit innovation award by the White House. The company is based in Durham, North Carolina.
“We are thrilled to make Modaxo...
ABC Technologies Completes Acquisition of dlhBOWLES
Written by Customer Service on . Posted in Mergers And Acquisitions.
COLUMBIA, Md., March 01, 2022 (GLOBE NEWSWIRE) — ABC Technologies has completed its acquisition of dlhBOWLES previously announced in January 2022. With the completion of the transaction, some key leadership changes are also being announced.
Daniel Konrad, previously Vice President of Engineering will now be leading the organization as President of dlhBOWLES, an ABC Technologies company. In addition, John W. Saxon, who has been CEO of dlhBOWLES and DLH Industries, respectively, for more than 18 years, will serve in a consulting role for the business. “Having worked in this business for nearly two decades, I am extremely excited for its future with ABC Technologies. ABC has been a trusted customer/partner for many years. ABC’s existing global footprint and international scale will enable dlhBOWLES to better serve our customers around...
Lee Applauds ISS Recommendation Supporting All Three Director Nominees
Written by Customer Service on . Posted in Public Companies.
Company Urges Shareholders to Vote “FOR” the Board’s ThreeNominees on the WHITE Proxy Card Today
DAVENPORT, Iowa, March 01, 2022 (GLOBE NEWSWIRE) — Lee Enterprises Inc. (NASDAQ: LEE) (“Lee” or the “Company”), today announced that Institutional Shareholder Services (“ISS”), a leading independent provider of proxy research and vote recommendations to the institutional investment community, has recommended that Lee shareholders vote “FOR” all three of the Company’s director nominees on Lee’s WHITE proxy card at Lee’s Annual Meeting of Shareholders to be held on March 10, 2022.
Accordingly, ISS rejected arguments by Alden Global Capital LLC (together with its affiliates, “Alden”), which is running a “Withhold” campaign against two of Lee’s nominees, indicating that Alden had not made the case for change.
The Lee Enterprises Board of...
Keyarch Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares, Warrants and Rights Commencing March 3, 2022
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NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) — Keyarch Acquisition Corporation (Nasdaq: KYCHU) (the “Company”) announced that, commencing March 3, 2022, holders of the Company’s units may elect to separately trade the Class A ordinary shares, warrants and rights included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the “Nasdaq”) under the symbol “KYCHU,” and the separated Class A ordinary shares, warrants and rights are expected to trade on the Nasdaq under the symbols “KYCH,” “KYCHW” and “KYCHR,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unit holders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A...
Mark K. Gaalswyk – New CEO of Digital Utilities Venture (DUTV)
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Boston, Massachusetts, March 01, 2022 (GLOBE NEWSWIRE) — Digital Utilities Ventures, Inc. (OTC Pink: DUTV), today announced that Mark K Gaalswyk was recently selected to be the new CEO of DUTV. Raised on a farm in southern Minnesota, Mark has a vision for America and its agricultural and energy needs. His leadership and creativity have earned him numerous awards, including the Minnesota “Technology Leader of the Year” award in 1998 and several U.S. Agricultural Engineering awards.
Mark has a passion for helping those in need, as exemplified in his serving for 10 years on the Mayo Clinic Regional Board of Directors, where he also served on the Strategic Planning Committee.
Mark is the founder and CEO of Easy Automation Inc., (EAI) a still 100% family-owned company he successfully started and grew into the largest provider...
Armstrong World Industries & Irving Consumer Products Announce Sustainability Partnership
Written by Customer Service on . Posted in Public Companies.
LANCASTER, Pa., March 01, 2022 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE: AWI) and Irving Consumer Products are pleased to announce a partnership between their respective Macon, Georgia, facilities designed to improve both companies’ environmental footprints.
In the second quarter of 2022, Irving Consumer Products will begin diverting its tissue fiber waste to AWI’s mineral fiber plant, reducing Armstrong’s need to source and purchase recycled newsprint as an input raw material for its ceilings. As a result, AWI and Irving Consumer Products expect to divert more than 3,500 tons of fiber waste annually from landfill disposal, supporting their circularity and waste diversion sustainability goals.
AWI is committed to circular manufacturing as an important element in its effort to grow profitably and sustainably....
Gray Names Rob Boenau as General Manager of KOLD in Tucson
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Rob Boenau
Rob BoenauATLANTA, March 01, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has named Rob Boenau as the General Manager of KOLD (CBS) in Tucson, Arizona (DMA 69).
For the past 20 years, Rob has been the Marketing Director for Gray’s WOIO (CBS) and WUAB (CW) in Cleveland, Ohio. Under his marketing leadership, the stations launched several new brands, multiple entertainment shows, and digital initiatives. Last month, the local operation launched their third local television station, Telemundo Cleveland, which brought the first Spanish-language local news to the market.
Prior to Cleveland, Rob served as Marketing Director for television stations in other markets, including Gray’s KWCH in Wichita, Kansas. His creative teams have been awarded with multiple Emmy, Telly, Addy,...
Nokia Corporation: Repurchase of own shares on 01.03.2022
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Nokia CorporationStock Exchange Release01 March 2022 at 21:00 EET
Nokia Corporation: Repurchase of own shares on 01.03.2022
Espoo, Finland – On 01 March 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code)
Number of shares
Weighted average price / share, EUR*XHEL
316,433
4.78CEUX
6,800
4.79AQEU
6,066
4.75TQEX
301
4.75Total
329,600
4.78* Rounded to two decimals
On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the current authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in traches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...
Proactive news headlines including Unrivaled Brands, The Valens Company, CULT Food Science, Mydecine Innovation Group, Steppe Gold and Hawkmoon Resources
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York , March 01, 2022 (GLOBE NEWSWIRE) —
Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Klondike Gold hits encouraging results with Phase 3 drilling at Stander Zone in the Yukon click here
Think Research says Clinic 360 subsidiary partnering with Peel Weight Loss Clinic to increase gastric sleeve patients click here
Enveric Biosciences files portfolio of patent applications for tryptamine derivatives click here
Mydecine Innovation Group reports positive meeting with US FDA for MYCO-001 smoking cessation study click here
Unigold submits application for Exploitation Licence for Neita concession in Dominican Republic click here
Karora Resources hits high-grade nickel at its Beta Hunt mine in Western Australia click here
Gamesquare...
Lifeway’s Independent Directors Support CEO Julie Smolyansky and Lifeway 2.0 Strategy
Written by Customer Service on . Posted in Public Companies.
MORTON GROVE, Ill., March 01, 2022 (GLOBE NEWSWIRE) — Lifeway Foods, Inc. (Nasdaq: LWAY) (“Lifeway” or “the Company”), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today issued a response to the recent 13D filing. The independent Directors of the Board issued the following response:
“Lifeway’s independent Directors fully supports CEO Julie Smolyansky and her continued execution of the Lifeway 2.0 strategy. Julie has consistently delivered growth for the Lifeway brands during her tenure as CEO. We believe the Company is reaching an important inflection point supported by ongoing research around probiotics and their influence on gut health, mental health and immunity, all of which are especially important with the impact of Covid-19. Her execution of the Lifeway 2.0 strategy and transition...
