Month: July 2022

VIRGINIA BEACH, Va., July 13, 2022 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) is pleased to announce that Dennis Gartman – renowned investor, economist, and longtime publisher of “The Gartman Letter” – has joined the Company’s Board of Directors. He will be the sixth independent member of the Board. “We are thrilled to welcome Dennis Gartman to our Board,” said Lou Haddad, President and CEO of Armada Hoffler. “Dennis’ unique perspective and years of experience in the capital markets will be invaluable resources for the Company.” In addition to publishing the widely read “The Gartman Letter” for over 30 years, Gartman is a regular contributor to several financial media outlets and speaks before various associations and trade groups around the world. Gartman was an economist for Cotton, Inc., where he analyzed supply and demand...

SHELBY TOWNSHIP, MI, July 13, 2022 (GLOBE NEWSWIRE) — Resgreen Group International, Inc. (OTC Pink: RGGI) (“RGGI”), a leading mobile robot company, today shared details about its 2D and 3D LiDAR systems that will help its autonomous mobile robots (AMRs) move around factories, warehouses and buildings without reflectors, tape or any other markers. The natural feature guidance system uses both 2D and 3D LiDARs to scan the facility and create a map of the area where the vehicles will travel. The vehicle then compares its surroundings to the map to verify its location. “The 3D LiDAR is used primarily in tunneling applications, where the vehicle travels underneath a load handling frame, connects and moves it to another location,” said Parsh Patel, CEO at RGGI. “While the 3D LiDAR produces an enormous amount of point cloud data that...

ENGLEWOOD, Colo., July 13, 2022 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Aer Lingus, which is owned by International Airlines Group (IAG). The Agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevo’s future commercial operations. Aer Lingus expects to commence fuelling its aircraft with SAF from Gevo in 2026. The expected value for the Agreement is deemed to be $173 million, inclusive of the value from environmental benefits for Gevo. Aer Lingus, the Irish flag carrier is committed to a lower-carbon future. As part of International Airlines Group (IAG), Aer Lingus has pledged to achieve net-zero carbon emissions by 2050 and has committed to powering 10% of its flights using sustainable aviation...

Business combination agreement with Deep Medicine Acquisition Corp. values Chijet’s operating companies at $2.55 billion (based on 100% ownership)● Achieving the public listing milestone would enable Chijet to accelerate its electric vehicle development, manufacturing and sales, while expanding sales and production of conventional gas-fueled hybrid vehicles, leveraging its more than 300 dealerships in China and Southeast Asia and current annual production capacity of 240,000 vehicles at its existing 13.85 million-square-foot production base in Jilin City, China.   ● Expected net proceeds of up to approximately $127.8 million upon the closing (assuming no redemptions by DMAQ public shareholders) will enhance Chijet’s production capacity, new product research and development, working capital and expansion in Southeast Asia.   ● Mr....

VANCOUVER, British Columbia, July 13, 2022 (GLOBE NEWSWIRE) — Nextech AR Solutions Corp. (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29), a Metaverse company and leading provider of augmented reality experience technologies and services, has contracted to supply 3D models to the world’s largest Prime eCommerce marketplace. A Media Snippet accompanying this announcement is available by clicking on the image or link below:For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company along with video comments from Nextech AR’s CEO, Evan Gappelberg. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “Nextech” in the search box. ARitize 3D is a one-stop-shop AR solution...

LOS ANGELES, July 13, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the elevation of James C. Neuhauser as Executive Chairman of the Board of Directors. Mr. Neuhauser has been an independent director on the FAT Brands Board since its inception in 2017. Mr. Neuhauser, a veteran financial executive with over 30 years of experience in financial and strategic planning and investment banking, will oversee FAT Brands’ accounting and legal departments and focus on the Company’s public traded equities and relationship with investors. Mr. Neuhauser was formerly a Senior Managing Director in the Private Capital Markets Group of Stifel Nicolas & Company, and before that he served as Chief Investment Officer of FBR & Co., where he was an early member of the firm and had spent 25 years in various roles. Edward...

MIGDAL HAEMEK, Israel – July 13, 2022 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2022 earnings on Tuesday, August 02, 2022. In light of the previously announced transaction with Intel, Tower will not provide guidance for the third-quarter 2022 and will not host an earnings conference call. About Tower Semiconductor Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense. Tower Semiconductor focuses on creating positive and sustainable impact on the world through long-term partnerships...

The Company will host an analyst and investor call to discuss the phase III muscle regeneration following hip fracture surgery topline results on July 14 at 9:00 a.m. ET; for registration: https://pluristem.zoom.us/webinar/register/WN_kp_CwQQtR-aFtjAXrdiJpA HAIFA, Israel, July 13, 2022 (GLOBE NEWSWIRE) — Pluristem Therapeutics Inc. (Nasdaq:PSTI) (TASE:PSTI) (“Pluristem” or the “Company”), a leading biotechnology company, today announced topline results from its multinational double-blind, placebo-controlled phase III study. The Company designed the study to determine the efficacy, safety, and tolerability of intramuscular administration of allogeneic PLX-PAD cells for the treatment of muscle injury following arthroplasty for hip fracture. The study enrolled 240 patients in the United States, Europe, and Israel. PLX-PAD was demonstrated...

Bank to the Future–PR-thumbnail Bank to the FutureOne in three under 40 switch banks to get a better mobile experience as customers want more personalized two-way interaction STOCKHOLM, Sweden, and ATLANTA — July 13, 2022 — Consumers want far more personalized mobile banking experiences that make it easy for them to get real time 1:1 support anywhere, says a survey of almost 3,000 consumers, commissioned by Sinch (Sinch AB (publ) – XSTO: SINCH). With 93% calling out for personalized financial assessments from their bank, but fewer than 30% receiving them, the survey across 15 countries shows customers would benefit from a greater level of interactive personalized communication with their banks and financial partners. Customers want two-way, real-time interactions that can solve banking problems as they happen, no matter where...