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Month: May 2022

HiPay: first quarter growth in line with expectations

13% growth in payment volumes, reaching 1.8 billion euros Revenues of 13.6 million euros, a growth rate of 2% Sustained sales activity with 75 new customers during the period  Confirmation of double-digit growth target for 2022  May 19, 2022 at 7am: HiPay, the fintech specializing in omnichannel payment solutions, announces its revenues for the first quarter of 2022.in millions of euros 2022 2021 Var. %1st quarterPayment volumes 1,795 1,594 +13%Revenues1 13.6 13.3 +2%  Sustained growth in payment volume and customer acquisition HiPay reported 13% growth in payment volume to €1.8 billion in the first quarter of 2022, despite a challenging comparison base, as the first quarter of 2021 benefited from the last buoyant effects of the lockdown on e-commerce activity.   As expected, revenue...

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IBA Business Update – First Quarter 2022

Louvain-La-Neuve, Belgium, 19 May 2022 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology, today announces its business update for the first quarter ending 31 March 2022. Group OverviewStrong balance sheet maintained with EUR 113 million net cash position  Business operations continue to be solid, with good performance across all business units Backlog remains high at EUR 1.2 billion and new tenders continue to progress internationally with active discussions ongoing Solid order intake with one Proteus®ONE1 and three Other Accelerators systems sold in the period with nine additional Other Accelerators systems sold and the first proton therapy order received from CGN Medical Technologies post-period end Expansion of Dosimetry offering with the acquisition of quality assurance (QA)...

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Derichebourg announces the acquisition of a minority stake in Elior Group

Derichebourg Group (“Derichebourg”) announces the signing of an agreement with BIM, controlled by Sofibim, holding company of Robert Zolade, founder of Elior Group (“Elior”), and with Gilles Cojan to acquire a minority stake in Elior. It represents a real opportunity for Derichebourg to invest in one of the world’s leading operators in contract catering and support services, with strong potential and proven attractiveness. Pursuant to these acquisitions, which shall occur on June 30th, 2022 at the latest, Derichebourg will acquire 14.7% of Elior’s share capital from BIM and Gilles Cojan at a price of €5.65 per Elior share with a potential earn-out clause up to €1.35 per share based on Elior’s share price evolution between January 1st, 2023 and December 31st, 2024. Derichebourg, which already held 4.9%, will then increase its stake...

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Notice of Convening Annual General Meeting of Shareholder of Nordic Fibreboard AS

The Annual General Meeting of Nordic Fibreboard AS (registry code: 11421437, address: Rääma 31, Pärnu 80044, hereinafter the Company) will be held on the 13th of June 2022 at 11.00 am at the office of Nordic Fibreboard AS, Rääma 31 Pärnu. Registration of participants will start at the venue of the meeting at 10:45. Registration will end at 11:00. The list of shareholders entitled to participate at the Annual General Meeting will be fixed 7 (seven) days before the Annual General Meeting, i.e. on 06 June 2022, as at the end of workday of Nasdaq CSD Estonian settlement system. Agenda of the Annual General Meeting with the proposals of the Supervisory Board: 1. Approval of the annual report of the Company for the financial year 2021 Proposal of the Supervisory Board: To approve the annual report of the Company for the financial year 2021,...

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ObsEva Announces Appointment of Annette Clancy as Chair of the Board of Directors

GENEVA, Switzerland May 19, 2022 – ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies for women’s health, today announced the appointment of Annette Clancy as Chair of the Board of Directors at the Company’s Annual General Meeting on May 18, 2022. Ms. Clancy has served as a member of ObsEva’s Board of Directors since 2013 and was previously Chair from November 2013 to December 2016. Ms. Clancy succeeds Dr. Frank Verwiel, who had decided to step down from the role of Chair and retire from the Board of Directors, effective following the conclusion of the Annual General Meeting. “We could not be more pleased, or fortunate, to have Annette return to the Chair position as we prepare for our first approvals and transition to a commercial stage company,” said Brian O’Callaghan, CEO...

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PowerTap Provides Corporate Update

VANCOUVER, British Columbia and IRVINE, Calif., May 19, 2022 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to provide an update on its zoning application activities for its initial stations in Humboldt County in Northern California. In the first half of May 2022, PowerTap Hydrogen Fueling Corp. staff and consultants, as well as an Andretti Group representative, appeared before the City of Fortuna Planning Commission for the public hearing to review the site design for the first Andretti station incorporating a PowerTap Gen3 modular blue hydrogen production and dispensing unit (MHPDU), to be located in Fortuna, in Humboldt County, California. The proposal for the site design, which consisted of proposed elevations, landscaping, building colors,...

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Premier Health Reports FY2022 Second Quarter Results

MONTRÉAL, May 18, 2022 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Condensed Interim Consolidated Financial Statements and Management Discussion and Analysis for its second quarter ended March 31, 2022. SummaryThe Corporation had revenues of $17.6M for the 3-month period compared to $17.0M for the same period in FY2021, representing a 3.4% increase mainly attributable to organic growth over the period. The 24.7% gross margin for the quarter was close to the Corporation’s 25% target. EBITDA(1) for the quarter was $0.5M compared to $1.6M for the same period in FY2021. Net income was -$0.8M compared to $0.3M for the same period in FY2021.“We invested in our capacity to manage a wider geographical footprint” Said Martin Legault,...

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Kayne Anderson Energy Infrastructure Fund Announces Completion of Private Placement of Notes

HOUSTON, May 18, 2022 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed its previously announced private placement of $45 million of 4.57% Series RR senior unsecured notes (“Notes”). These proceeds will be used to refinance existing leverage and for general corporate purposes. As previously announced, the remaining funding of the $45 million of 4.67% Series SS Notes and $20 million of 5.07% Series T MRP Shares will be issued on August 2, 2022. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with...

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Velan Inc. Reports Strong Fourth Quarter and Fiscal Year 2021/22 Financial Results and Reinstates Dividend

MONTREAL, May 18, 2022 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2022. Highlights:Sales for the quarter amounted to $124.8 million, an increase of 39.3 million or 46.0% compared to last year. Gross profit for the quarter of $47.7 million, an increase of $24.7 million or 106.8% from the previous year. The gross profit percentage for the quarter increased by 1,120 basis points from 27.0% to 38.2%. The gross profit increase is first and foremost driven by the significantly increased sales volume. The Company declared an eligible quarterly dividend of CA$0.03 per share based on its strong cash position at the end of the quarter. EBITDA2 of $16.6 million for the quarter,...

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Mercurity Fintech Holding Inc. plans to take appropriate measures after receiving the Nasdaq deficiency notice

SHENZHEN, China, May 18, 2022 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq: MFH) today announced that on May 13, 2022 the Company received a deficiency notice from The Nasdaq Stock Market, LLC (“Nasdaq”) that stated the Company no longer complies with Nasdaq’s Listing Rule 5250(c)(1) due to its failure to file Form 20-F for the period ended December 31, 2021 (the “Filing”). Nasdaq informed the Company that it has a period of 14 days until May 27, 2022 to submit a plan (the “Plan”) to Nasdaq detailing how the Company plans to regain compliance with Nasdaq’s continued listing requirements. If Nasdaq accepts the Company’s Plan to regain compliance in that respect, Nasdaq can grant an exception of up to 180 calendar days from the prescribed Filing due date or until October...

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