Day: June 21, 2022

springbig Files Form 8-K Disclosing Additional Details from its Recently Completed Business Combination

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

Maintains strong proforma balance sheet expected to fund operations beyond cashflow break-even Reports public float in excess of 6.6 million shares as of closing BOCA RATON, Fla., June 21, 2022 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (NASDAQ: SBIG, SBIGW) (the “Company” or “springbig”), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, announced that it has filed a Form 8-K with the U.S. Securities and Exchange Commission, providing additional details surrounding its business combination with Tuatara Capital Acquisition Corporation (“TCAC”), which closed on June 14, 2022 (“Business Combination”). After the Business Combination, springbig has a robust balance sheet with cash of $15 million. Concurrently with the completion of the...

Reservoir Media Announces Fourth Quarter and Fiscal Year 2022 Results

Written by Customer Service on June 21, 2022. Posted in Earnings Releases And Operating Results.

Delivers 34% annual top-line growth, exceeds $200 million capital deployment goal for the fiscal year, and exceeds full fiscal year revenue and profitability outlook Issues fiscal 2023 outlook, including 8%-to-12% top-line growth NEW YORK, June 21, 2022 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2022 ended March 31, 2022. Fourth Quarter 2022 & Recent Highlights:Revenue of $35.1 million, increased 20% organically, or 46% including acquisitions year-over-yearMusic Publishing revenue rose 29% year-over-year Recorded Music revenue increased by 123% year-over-yearOperating Income of $8.7 million, increased by 28% year-over-year OIBDA (“Operating Income...

Titan Medical Announces Agreement with Nissha Medical Technologies

Written by Customer Service on June 21, 2022. Posted in Public Companies.

TORONTO, ON, June 21, 2022 (GLOBE NEWSWIRE) — Titan Medical Inc. (Nasdaq: TMDI; TSX: TMD), a medical device company focused on the development and commercialization of innovative surgical technologies for single access robotic-assisted surgery (RAS), today announced that it has signed an agreement with Nissha Medical Technologies for the manufacture of surgical consumables. These single-use surgical components will be used for verification and validation testing, and pre-clinical and clinical studies of Titan’s Enos™ robotic single access surgical system. “We are pleased to be working with Nissha, experts in providing end-to-end solutions in product design, development, and manufacturing of single-use medical technologies for our Enos system,” said Paul Cataford, Interim President, CEO and Board Chair. “This partnership is an important...

Quipt Enters Louisiana Adding Approximately $6.5 Million in Annualized Revenues, and Anticipated $1.3 Million of Adjusted EBITDA (post integration) with Acquisition of Access Respiratory Homecare, LLC

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

Expands Referring Physician Network to Over 20,600 and Active Patient Base to Over 190,000 CINCINNATI, June 21, 2022 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce that it has acquired Access Respiratory Homecare, LLC (“Access Respiratory Homecare”), a business with operations in Louisiana, reporting unaudited trailing 12-month annual revenues of approximately $6.5 million ‎and with anticipated Adjusted EBITDA (defined below) of $1.3 million post integration. As a reminder all figures stated are in USD. Acquisition Details The acquisition encompasses two locations in Louisiana, representing the 19th state of service for Quipt. The Company will immediately...

Bioventus Amends CartiHeal Acquisition Structure

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

DURHAM, N.C., June 21, 2022 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, announced today that it has entered into an amendment to the Option and Equity Purchase Agreement for its pending acquisition of CartiHeal (“Amended Acquisition Agreement”). “CartiHeal represents an important breakthrough for the treatment of osteoarthritis and osteochondral defects of the knee with significant long-term potential, and we are excited to have reached an amendment that we believe will be favorable to our stakeholders and enable us to complete the acquisition,” commented Ken Reali, Bioventus’ chief executive officer. “The ability to defer a significant portion of the upfront cash consideration allows us to continue investing in our near-term strategy for growth...

With 7.36% CAGR, Commercial Aircraft Disassembly, Dismantling, and Recycling Market to Hit USD 5.40 Billion by 2027 | Fortune Business Insights™

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

Companies Covered in Commercial Aircraft Disassembly, Dismantling, and Recycling Market are Aircraft End-of-Life Solutions (AELS), BV (Delft, the Netherlands), GA Telesis LLC (Florida, the U.S.), AerSale Inc (Florida, the U.S.), Tarmac Aerosave (Tarbes, France), Bombardier Inc. (Montreal, Canada), AJW Group (Horsham, the U.K.), The Carlyle Group (Washington D.C., the U.S.), China Aircraft Leasing Group Holdings Limited (Hong Kong, China), AAR (Illinois, the U.S.), Magellan Aircraft Services Corp. (Charlotte, NC, the U.S.), Ascent Aviation Services (Arizona, the U.S.), Air Salvage International Ltd (Cirencester, the U.K) and Other Players. Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The global commercial aircraft disassembly, dismantling, and recycling market is set to gain momentum from the increasing availability of recycled...

With 23.7% CAGR, Autonomous Mobile Robots Market to Reach USD 8.70 Billion by 2028 | Europe Holds Highest Market Share Due To Expanding Distribution Channels

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

Companies Profiled in Autonomous Mobile Robots Market are Material Handling Systems. (U.S.), Fetch Robotics, Inc. (U. S.), IAM Robotics (U. S.), NextShift Robotics (U.S.), Stanley Robotics (U.S.), SESTO Robotics. (Singapore), HAHN Robotics GmbH (Germany), Vecna Robotics (U.K.), AutoGuide Mobile Robots (England), SoftBank Robotics (France) Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The global autonomous mobile robots market is anticipated to grow during the projected period due to the emerging e-commerce industry and the adoption of advanced technologies. Fortune Business Insights™ publishes this information in a report titled, “Autonomous Mobile Robots Market, 2021-2028″. As per the report, the autonomous mobile robots market size was USD 1.67 billion in 2020. The market is projected to grow from USD 1.97 billion...

With 9.8 % CAGR, Blood Pressure Monitors Market Size worth USD 3.21 billion by 2028 Industry Trends & Forecast Report by Fortune Business Insights

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Blood Pressure Monitors Market size is projected to reach USD 3.21 billion by 2028, at CAGR of 9.8% during forecast period; Increasing Awareness of Effective Management of Hypertension to Bolster Growth Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The global blood pressure monitors market is set to gain traction from the increasing shift of patients from hospital care to home care devices because of the ongoing COVID-19 pandemic. Renowned companies, such as Omron Healthcare, Inc. are persistently striving to launch technologically advanced devices to cater to the huge demand from patients. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Blood Pressure Monitors Market, 2021-2028.” As per the report, the blood pressure monitors market size...

With 29.4% CAGR, Natural Language Processing Market Worth USD 127.26 Billion by 2028

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global natural language processing (NLP) market size is projected to reach USD 127.26 billion in 2028, at a CAGR of 29.4% during the forecast period Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The global natural language processing market size is projected to grow from USD 20.98 billion in 2021 to USD 127.26 billion in 2028 at a CAGR of 29.4% in the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Natural Language Processing Market Forecast, 2021-2028.”. As per the report, the market size was USD 16.53 billion in 2020. Factors such as the increasing adoption of smart devices and the growing adoption of NLP technology in healthcare settings are expected to favor the adoption of the product globally. For instance, in January 2021, Pryon...

With 24.8% CAGR, Gamification Market Worth USD 37.00 billion by 2027

Written by Customer Service on June 21, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Gamification Market size is projected to reach USD 37.00 billion by 2027, at a CAGR of 24.8% during the forecast period. Inclination towards Gamification Solutions for Promotional Purposes to Facilitate Business Pune, India, June 21, 2022 (GLOBE NEWSWIRE) — The global gamification market size is expected to reach USD 37.00 billion by 2027, exhibiting a CAGR of 24.8% during the forecast period. The rising focus towards game-based learning solutions for training and recruitment processes will spur business opportunities for the market during the forecast period. Moreover, the companies are adopting gamification solutions to promote products and enhance customer relations, which, in turn, will augur well for the market in the forthcoming years, the market size stood at USD 6.33 billion...

Day: June 21, 2022

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