Day: May 26, 2022

Disposition Further Sharpens Focus on B2B Recreational Cannabis and Nutraceuticals TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today announced the sale (the “Transaction”) of Findify AB (“Findify”), the Company’s Swedish subsidiary that operates an AI-powered product search and discovery platform. Findify was acquired by Lifeist four years ago and successfully integrated technology to increase monetization of its online platforms. “The sale of Findify is a natural part of Lifeist’s evolution from inhalation products e-tailer to a wellness portfolio company, where we leverage science and technology...

SAN DIEGO, May 26, 2022 (GLOBE NEWSWIRE) — Quidel Corporation (NASDAQ: QDEL) (“Quidel”), a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, and Ortho Clinical Diagnostics Holdings plc (“Ortho”), one of the world’s larger pure-play in vitro diagnostics companies, announced today that the closing of the previously announced Ortho transaction is expected to occur on May 27, 2022. On May 26, 2022, the High Court of Justice of England and Wales issued an order under Part 26 of the UK Companies Act sanctioning the scheme of arrangement to be undertaken by Ortho in connection with the business combinations (the “Ortho Scheme Order”). The order will become effective once the Ortho Scheme Order is duly filed with the Registrar of Companies in England and Wales, which is expected...

TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company”) addressed the attendees of the H.C. Wainwright Global Investment Conference held in Miami on May 25, 2022. Chief Operating Officer Nelson Leite provided a corporate update to conference attendees, and met with a series of registered investors. FuelPositive’s containerized green ammonia production system was the main focus of the presentation. “We like these conferences because they give us an opportunity to showcase our technology and learn from investors about what matters to them. Our timing to market is the critical factor right now. We continue to be on track to have our first demonstration system fully validated and ready to go by late summer, 2022. By ‘fully validated’, we mean will have validated the purity of the...

Verification of assets, income and employment increases efficiency and reduces risk MCLEAN, Va., May 26, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has unveiled new automated underwriting capabilities that allow lenders to verify assets, income and employment using borrower-approved bank account data. On June 1, 2022, this functionality will be available to mortgage lenders nationwide through the asset and income modeler (AIM) in Freddie Mac Loan Product Advisor® (LPASM), the company’s automated underwriting system. “This industry-first innovation supports our mission of making sustainable homeownership more affordable and accessible,” said Andy Higginbotham, Freddie Mac Single-Family Chief Operating Officer. “Our AIM suite of services will be instrumental in bringing greater accuracy and efficiency to the underwriting process,...

VANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (“SBBC” or the “Company“) (TSX Venture: SBBC) (OTCQB: PKANF) will report its 2022 first-quarter financial results after the close of trading on May 30, 2022. A conference call to discuss the results is scheduled for the following day, May 31, 2022, at 11:00 a.m EST. To participate in the call, please dial (844)713-6129 or (213)320-2529, Conference ID: 8284084. Any questions can be submitted in advance of the call to Simply Better Brands Investor Relations at ir@simplybetterbrands.com. Earnings Call Replay A recording of the call will be available through June 7, 2022. A webcast of the call will also be accessible through the Company’s website: https://www.simplybetterbrands.com/investor-relations. About Simply Better...

Awarded limited notice to proceed for Shell’s Gato do Mato development in Brazil BW Offshore is pleased to announce the award of a limited notice to proceed (LNTP) by Shell Brasil Petróleo Ltda (Shell) and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato oil and gas field offshore Brazil. The LNTP is valued up to USD 50 million. Upon completion of the LNTP, Shell and its partners target to award a lease and operate contract to a consortium comprising BW Offshore and Saipem S.p.A., which will be jointly responsible for the engineering, procurement, construction, and installation (EPCI) of the FPSO with expected delivery in 2026. The award is subject to the parties finalising the commercial and pricing terms of the contract in view of the current inflationary supply chain market...

Fort Lauderdale, FL, May 26, 2022 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) — the North American leader in consumer karaoke products – today announced that Jay Foreman, Founder and CEO of Basic Fun!, has been appointed to the Company’s Board of Directors as part of its successful uplisting to Nasdaq on Tuesday, May 24, 2022. Mr. Foreman brings a deep range of industry experience in toys, product development, retail distribution, marketing, and capital markets. Mr. Foreman has been a veteran of the toy industry for over 30 years. Mr. Foreman started his career at Fable Toys as a territory sales rep for the Jersey Shore and within ten years became SVP for Galoob Toys, where he was primarily responsible for developing the direct import business. Mr. Foreman has founded...

GlobalData Plc has announced the latest disruptive tech themes market reports bundle for the construction industry LONDON, May 26, 2022 (GLOBE NEWSWIRE) — The Future of Construction – Disruptive Technology Themes market reports bundle covers the latest disruptive technology themes that are affecting the construction industry. Early engagement with all stakeholders, including suppliers, subcontractors, and local communities, is key to helping construction companies excel at environmental, social, and governance (ESG), cloud computing, artificial intelligence (AI), digital twins, and Internet of Things (IoT). Companies that engage with these initiatives now and demonstrate their ability and willingness at the tender stage will win more contracts and turn more profits. Future of Disruptive Tech Themes in the Construction Industry Cloud...

Houston, TX, May 26, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — D3eSports, a division of StemGen Inc., (OTC: SGNI), today announced that the prestigious S Hotel, based in Montego Bay, Jamaica, will partner with the recently announced Team Jamaica for the 2022 D3eSports Cup Championship global eSports events.  Just announced last week, Team Jamaica, which is managed by Jacqui’s Gourmet Founder Jacqui Francis, former Caterer to the Prime Minister of Jamaica, will be one of the corporate teams to participate in the D3eSports Cup Championship, set to start soon. Team Jamaica is now collaborating with the world-famous S Hotel as one of the primary locations for the D3eSports simulator for eSports drivers to qualify for the tournament to be part of Team Jamaica.  “Bringing the S Hotel on board as the qualifying location for Team...

GlobalData Plc has announced the latest disruptive tech themes market reports bundle for the apparel industry LONDON, May 26, 2022 (GLOBE NEWSWIRE) — The Future of Apparel – Disruptive Tech Themes market report bundle takes a look into the disruptive themes impacting the apparel industry. The reports included are Circular Economy in Apparel, Wearable Technology in Apparel, Long-Term Impact of COVID-19 on Apparel Industry, and ESG (Environmental, Social, and Governance) in Retail and Apparel. The reports provide an overview of the impacts of COVID-19 and highlight the players that have invested in, or are set to benefit from, technological themes. The report also outlines the technology, macroeconomic and regulatory trends within this theme, and analyses key companies making their mark within the themes. Future of Disruptive Tech...