Month: June 2022

10 June 2022: Skjalg Sylte Stavheim, President Hexagon Ragasco has on 10 June 2022 sold 18,000 shares at an average price per share of NOK 31,65. The sale is primarily to settle the tax obligation resulting from the performance share units awarded in February 2022. After the transaction, Skjalg Sylte Stavheim holds 155,631 shares in Hexagon Composites ASA. Attached is the notification of the transaction in accordance with the Market Abuse Regulation Article 19. This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading act. AttachmentNotification of transaction 10 June 2022

JERICHO, N.Y., June 10, 2022 (GLOBE NEWSWIRE) — Nathan’s Famous, Inc. (NASDAQ:NATH) today reported results for its fiscal year and fourth quarter ended March 27, 2022. Effective June 10, 2022, the Board of Directors declared its first quarterly cash dividend for fiscal 2023 of $0.45 per share, which is payable on June 24, 2022 to shareholders of record at the close of business on June 20, 2022. For the fiscal year ended March 27, 2022:Revenues were $114,882,000 for the fifty-two weeks ended March 27, 2022 (“fiscal 2022”), as compared to $75,839,000 for the fifty-two weeks ended March 28, 2021 (“fiscal 2021”); Income from operations was $29,863,000 for fiscal 2022, as compared to $25,515,000 for fiscal 2021; Adjusted EBITDA1 for fiscal 2022, a non-GAAP financial measure, was $31,153,000, as compared to $27,225,000 for fiscal...

LONG ISLAND CITY, N.Y., June 10, 2022 (GLOBE NEWSWIRE) — On May 31, 2022, the Securities and Exchange Commission (Commission) filed a civil lawsuit alleging civil violations of the federal securities laws against iFresh, Inc. (“iFresh” or the “Company”) and Long Deng, the company’s Chief Executive Officer throughout the period at issue in the Complaint, for not fully disclosing related party transactions, which, the Commission alleged made certain of the Company’s financial statements materially inaccurate. Mr. Deng, through one of his attorneys, Jacob Frenkel, Chair of the Securities Enforcement and Government Investigations Practice at national law firm, Dickinson Wright, PLLC, responds to the allegations. “Mr. Deng looks forward to his day in court to fight vigorously the SEC’s allegations. The defense that Mr. Deng will present...

FREMONT, CA, June 10, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – ABVC Biopharma, Inc. (NASDAQ: ABVC), a clinical stage biopharmaceutical company developing therapeutic solutions in oncology/hematology, CNS, and ophthalmology, today announced that two contracts entered into in the last 45 days have been terminated.   The first of the two contracts, announced on May 3, 2022, was a $3.0 million clinical services agreement between BioKey, a wholly-owned subsidiary of the company based in Fremont, California, and NeuCen BioMed, based in Taipei, Taiwan.  Under the terms of the now terminated agreement, BioKey was to be paid $3.0 million over a 3-year period to guide two NeuCen drug products, CEN501 and NEU001, through completion of Phase II clinical studies under U.S. FDA IND regulatory requirements. ABVC and NeuCen had also agreed,...

NEW YORK, June 10, 2022 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced that on June 9, 2022, the Company entered into a Stock Purchase Agreement with Mr. Fnu Oudom, the Chairman of the Board of the Company, for the sale of 12,500,000 shares of common stock of the Company for $5 million, subject to stockholder approval. On June 9, 2022, the Company entered into a Stock Purchase Agreement (the “SPA”) with the Chairman of the Board of the Company, Mr. Fnu Oudom, whereby Mr. Oudom agreed to purchase 12,500,000 shares of common stock of the Company (the “Common Stock”) for $5 million, or $0.40 per share (the “Chairman’s Shares”), subject to stockholder approval. The purchase price per share reflects a 9% discount on the five-day...

FORT LAUDERDALE, FL, June 10, 2022 (GLOBE NEWSWIRE) — SFLMaven Corp. (OTC Pink: SFLM), (“SFLMaven” or the “Company”) (www.sflmaven.com), a leading provider of high-end luxury goods, is pleased to announce that Joseph Ladin, the Company’s CEO, returned to MoneyTV for another in-depth interview with Donald Baillargeon. The interview went live this morning and can be accessed here. In the interview, Ladin discussed the Company’s strong sales performance so far in 2022, highlighting results that include nearly $5 million in year-to-date sales, up 19% year over year, with 4% growth in average sales price, 15% growth in items sold, and 17% growth in repeat buyers, showing strong retention and customer satisfaction. Ladin also highlighted the Company’s recent launch of the world’s first native virtual dealership...

Rovio Entertainment Corporation, creator of the Angry Birds franchise, has appointed Andy Muesse as Head of Studios. He will start in this role immediately. Muesse will also become a member of Rovio’s leadership team.  Andy Muesse joined Rovio in 2020 as studio Head for Rovio Stockholm. The Stockholm studio is comprised of a 80-person team responsible for Angry Birds 2 as well as new game development projects. As Head of Studios all Rovio game studios in Finland, Sweden, Denmark and Canada will be reporting to Muesse.  “Crafting joy is hard work. We want our studios to have more support driving and executing the games portfolio roadmap, thinking about their lineup of games and working together to create successful games that delight players for years to come. Andy’s deep understanding of product, knowledge of the market and strategic thinking...