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Month: May 2022

Better Choice Company Board of Directors Authorize Stock Repurchase Program

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — Better Choice Company Inc. (NYSE: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, announces that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $3 million of the currently outstanding shares of the Company’s common stock, until December 31, 2022. Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission (“SEC”). The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company’s financial performance. Open market purchases...

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The Limestone Boat Company Limited Announces Closing of its Previously Announced Non-Brokered Private Placement Offering of 10% Unsecured Convertible Debentures, and Proposed Offering of Up to $3.0 Million of Additional 10% Unsecured Convertible Debentures With Lower Conversion Price

Capital infusion into the Company aims to increase near-term production throughput to meet the growing backlog and increased demand for both its Limestone and Aquasport Brands through 2023. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. COLLINGWOOD, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company Limited (“Limestone” or the “Company“) (TSXV: BOAT | OTCQB: LMSBF) is pleased to announce the closing of its previously announced non-brokered private placement of 10% unsecured convertible debentures of the Company (“Debentures“) at a price of $1,000 per Debenture for aggregate gross proceeds of $340,000 (the “Existing Offering“). As previously disclosed, the Debentures issued in connection with the Existing Offering...

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Grove Inc. Partners With Benzinga to Serve Ads Through Its Programmatic Ad Division, Interactive Offers

HENDERSON, NV, May 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Grove Inc. (GRVI) SaaS ad platform has partnered with Benzinga to provide a programmatic, email advertising solution. Interactive Offers will help Benzinga monetize their emails through its programmatic ad units. Publishers, like Benzinga, look to monetize their data and need reliable partners that have advertisers looking for high quality leads and traffic. Interactive Offers’ platform makes it easy for advertisers and publishers to instantly set up accounts to start serving (and buying) new leads. Benzinga, a hub for actionable information on the capital markets with approximately 25 million readers a month, is one of the largest online platforms that aims to empower a new generation of investors. CEO Allan Marshall commented, “The contract with Benzinga further...

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Ozop Energy Solutions, Inc. to Purchase $11 Million in Solar Panels to Meet Demand

Florida, NY, May 12, 2022 (GLOBE NEWSWIRE) — Ozop Energy Solutions. Inc. (OZSC), is pleased to announce that its subsidiary Ozop Energy Systems, Inc. (“OES”) has issued purchase orders committing to purchasing approximately $11 million in solar panels. The Company has already put down as deposits over $1.7 million in order to secure the delivery and will be making additional deposits prior to delivery. Approximately $6 million of the product is expected to arrive by August 2022, with the remaining $5 million forecasted to arrive in November 2022. The solar industry has been in the news quite a bit for more than the last six months. Due to Covid related matters in all corners of the world, factory production has had to endure periodic forced temporary shutdowns, and we are all well aware of the shipping and port situations that...

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Worksport Announces Purchase of 222,000-Sq Ft Facility, On-shoring Production of Consumer Products

Worksport Ltd Worksport Announces Purchase of 222,000-Sq Ft Facility, On-shoring Production of Consumer ProductsMississauga , May 12, 2022 (GLOBE NEWSWIRE) — Worksport Ltd. (Nasdaq: WKSP) (the “Company” or “Worksport”), through its wholly owned subsidiary, Worksport New York Operations Corporation (“WKSP NY”), seeking to capitalize on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies, has completed the purchase of a manufacturing facility in upstate New York. The Company plans to manufacture its line-ups of advanced products in this new facility, including its brand-new solar cover, SOLIS, which utilizes the Company’s TC3 truck bed cover as its base and is primarily constructed of aluminum components. Located in West Seneca, a suburb of Buffalo, New York,...

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Real Estate Split Corp. Completes Overnight Offering of Over $15 Million

Not for distribution to U.S. Newswire Services or for dissemination in the United States. TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Real Estate Split Corp. (TSX: RS and RS.PR.A) (the “Company”), is pleased to announce the Company has completed the overnight offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) for aggregate gross proceeds of approximately $15.2 million. The Class A Shares and Preferred Shares will trade on the Toronto Stock Exchange under the existing symbols RS (Class A Shares) and RS.PR.A (Preferred Shares). The Class A Shares were offered at a price of $18.00 per Class A Share to yield approximately 8.7% per annum and the Preferred Shares were offered at a price of $10.10 per Preferred Share to yield approximately 5.2% per annum. The...

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Global Ship Lease Announces Participation in Carbon Capture Initiative

LONDON, May 12, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) today announced its participation in a carbon capture initiative led by Aqualung Carbon Capture AS (“Aqualung”), an innovator in membrane carbon dioxide capture and separation technology, alongside other industry leaders in shipping, energy generation and infrastructure, and lithium production. Global Ship Lease was invited to invest in Aqualung and to pool its technical expertise to support the application of Aqualung’s carbon capture solution to the maritime sector, with a particular focus on the development of containerized carbon capture units to be retrofit-able to containerships and other seagoing vessels. George Youroukos, Executive Chairman of Global Ship Lease, commented, “Maritime regulators, our liner customers, and...

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Skye Bioscience Signs Arrangement Agreement with Emerald Health Therapeutics

Arrangement is expected to fund Skye’s proprietary synthetic cannabinoid-derivative therapeutic initially targeting glaucoma for first Phase 2 clinical study planned to start later in 2022 Preclinical studies have demonstrated potential advantages of Skye’s unique, patent-protected therapeutic drug, SBI-100 Ophthalmic Emulsion, compared to the standard of care San Diego, California, May 12, 2022 (GLOBE NEWSWIRE) — Skye Bioscience, Inc. (OTCQB: SKYE) (“Skye”) and Emerald Health Therapeutics, Inc. (CSE: EMH; OTCQB: EMHTF) (“Emerald”) announced today that the companies have entered into a definitive agreement with respect to a transaction to be completed by way of a Plan of Arrangement (the “Arrangement”) whereby Skye would acquire all of the issued and outstanding shares of Emerald in a share-for-share-transaction. Skye is a San...

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Clarus Therapeutics to Report First Quarter 2022 Financial and Operating Results

NORTHBROOK, Ill., May 12, 2022 (GLOBE NEWSWIRE) — Clarus Therapeutics Holdings, Inc. (“Clarus”) (Nasdaq:CRXT), a pharmaceutical company dedicated to providing solutions to unmet medical needs by advancing androgen and metabolic therapies for men and women, today announced it will release its first quarter 2022 financial and operating results on Monday, May 16, 2022, after the market closes. Clarus will host a conference call on Monday, May 16, 2022, at 5:15 p.m. ET to discuss the results. The dial-in numbers are (844) 249-2007 for domestic callers and (224) 619-3902 for international callers. The conference ID number is 7677008. A live webcast and replay of the conference call will be accessible through the Investors section of Clarus Therapeutics’ website at Investors.ClarusTherapeutics.com. About Clarus Therapeutics Holdings,...

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Zoom Drives Contact Center Expansion with Acquisition of Solvvy

Solvvy Offers Advanced Conversational AI and Automation Capabilities to Accelerate Zoom’s Delivery of Personalized, Effortless Customer Experiences SAN JOSE, Calif. and BURLINGAME, Calif., May 12, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has entered into a definitive agreement to acquire Solvvy, a leading conversational AI and automation platform for customer support. Together, Zoom and Solvvy will offer elevated customer service experiences to a global enterprise base and work quickly to capitalize on new opportunities in contact center and customer support. The recently launched Zoom Contact Center is the first omnichannel contact center platform optimized for video with a robust suite of channels, such as video, voice, SMS, and webchat, in a single, user-friendly experience. Adding...

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