PHI Group, Inc. Acquires Majority Interest in Tin Thanh Group

Written by Customer Service on August 19, 2022. Posted in Public Companies.

New York, Aug. 19, 2022 (GLOBE NEWSWIRE) — PHI Group, Inc. (n/k/a Philux Global Group Inc., www.phiglobal.com, PHIL), a diversified holding company currently sponsoring PHILUX Global Funds (a group of Luxembourg bank funds), developing the Asia Diamond Exchange project (“ADE”) in Vietnam, engaging in mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that the Company has signed an agreement to acquire 51% of Tin Thanh Group (TTG) (https://tinthanhgroup.vn/en/) for cash. According to the agreement, PHI Group will purchase 22,032,000 shares of Ordinary Stock from the majority shareholder of Tin Thanh Group, which is equivalent to 51% all TTG’s issued and outstanding ordinary stock, for a total sixty million U.S. dollars. The closing of this transaction is scheduled to occur by October...

Landsnet’s interim financial statement for the January-June, 2022

Written by Customer Service on August 19, 2022. Posted in Earnings Releases And Operating Results.

Landsnet’s interim financial statement for the January-June, 2022 period was published today. Guðlaug Sigurðardóttir, CFO at Landsnet, says operations are stable and on schedule despite challenges in the supply chain. “We are focussed on ensuring cost-effective and stable operations, essential to a key infrastructure company like Landsnet and its customers. We are proud of our performance and ability to deliver, despite the current upheaval in world markets and temporary energy shortages in Iceland during the spring months. Energy shortages caused a temporary increase in the tariff for transmission losses. Company operations were successful. Profit for the period is above expectations and can largely be attributed to increased income due to transmission losses. Landsnet expects to achieve a balance between income and expenses...

Correction: Kvika banki hf.: Financial Results for the First Six Months of 2022 and Earnings Outlook for the Next Four Quarters

Written by Customer Service on August 19, 2022. Posted in Earnings Releases And Operating Results.

In note no. 4, on page no. 13 in the Group’s consolidated interim financial statements 30.06.2022 that were published on 18 August 2022, a table containing the performance of Group’s business segments for the first six months of the year is displayed. By mistake the figures for the net financial income for the business segments Asset Management and Commercial Banking were not correct. The correct figures are ISK 18,993 thousand for Asset Management and ISK 479,886 thousand for Commercial Banking. The correction has a corresponding effect on the net operating income and profit before tax for the business segments. The figures in the investor presentation were correct. The aforementioned correction does not have an effect on the Group’s income statement or its statement of financial position. Attached is a corrected version of the Group’s...

Vyant Bio Announces Rescheduled Investor Conference Call and Webcast for the Second Quarter and First Half of 2022

Written by Customer Service on August 19, 2022. Posted in Public Companies.

CHERRY HILL, N.J., Aug. 19, 2022 (GLOBE NEWSWIRE) — Vyant Bio, Inc. (“Vyant Bio” or “Company”) (Nasdaq: VYNT) is an innovative biotechnology company reinventing drug discovery for complex neurodevelopmental and neurodegenerative disorders. The Company’s proprietary central nervous system (“CNS”) drug discovery platform combines human-derived organoid models of brain disease, scaled biology, and machine learning. Today, Vyant Bio announced that it will release its financial results for the second quarter and first half ended June 30, 2022, on Monday, August 22, 2022. Vyant Bio will host an investor conference call and webcast on Monday, August 22, 2022 at 4:30 pm ET. Jay Roberts, Chief Executive Officer, Andy LaFrence, Chief Financial Officer, and Robert Fremeau, PhD, Chief Scientific Officer, of Vyant Bio will provide an update...

IN8bio Announces Closing of Exercise Option to Purchase Additional Shares in Public Offering

Written by Customer Service on August 19, 2022. Posted in Public Companies.

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — IN8bio, Inc. (Nasdaq: INAB), a clinical-stage biopharmaceutical company focused on the discovery and development of innovative gamma-delta T cell therapies utilizing its DeltEx platform, today announced that the underwriter of its previously announced underwritten public offering of common stock which closed on August 16, 2022 has partially exercised its option to purchase an additional 268,949 shares at the public offering price of $1.90 per share, resulting in additional gross proceeds of approximately $0.5 million. After giving effect to the partial exercise of the option to purchase additional shares, the total number of shares sold by IN8bio in the public offering increased to 5,663,686 shares and gross proceeds increased to approximately $10.75 million. H.C. Wainwright & Co....

The Competition Authority approved Tallinna Vesi’s application to adjust the price for water services

Written by Customer Service on August 19, 2022. Posted in Public Companies.

The Competition Authority granted AS Tallinna Vesi’s application to increase the price for water services by an average of 26 cents per cubic metre. The new price will apply to customers in the service area in Tallinn and Saue and to water companies located in the surrounding municipalities as of 1stOctober. Tallinna Vesi submitted an application to the Competition Authority on 15 August to adjust the price for water services, which Competition Authority approved it on 19 August. Based on the application, the Company will increase the price for water services in its service area from the 1st October 2022. The price for water services includes the water and sewerage service fee. According to the approved application, the price for water services in the service area of Tallinn and Saue will increase by 14% on average. From the beginning...

Mobiquity Technologies Reports Second Quarter 2022 Financial Results and Business Update

Written by Customer Service on August 19, 2022. Posted in Earnings Releases And Operating Results.

Q2 2022 versus Q2 2021 revenue growth of 273% 6-months 2022 versus 6-months 2021 revenue growth of 201% Loss from Operations decreased by 53% Q2 2022 versus Q2 2021 and by 20% for the 6-months 2022 versus 6-months 2021 NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a leading provider of next-generation advertising technology, today announced financial results for the second quarter of 2022 and provided a business update. Business Update HomeGraph, CryptoGraph and Contextual Targeting paved the way for Mobiquity’s growth. Revenue growth shows signs of returning to Pre-Pandemic levels. Political, Crypto and Data verticals lead revenue growth. Higher margin product mix, Video/CTV revenue increased 350% Q2 2022 versus Q2 2021 and 300% for the 6-months 2022 versus 2021 Dean...

ToughBuilt Industries Announces Second Quarter 2022 Results

Written by Customer Service on August 19, 2022. Posted in Earnings Releases And Operating Results.

Company reports revenues of $17.9 million, a 13% year-over-year increase IRVINE, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended June 30, 2022. The Company will discuss the results, and a business update, during the Company’s earnings conference call scheduled for 5:00 p.m. (ET) today. Second Quarter 2002 and Subsequent Financial Highlights: Revenues for the three months ended June 30, 2022, were approximately $17.9 million, an increase of 12.8% compared to the same period in 2021. The increase in revenue was primarily the result of expanded acceptance of ToughBuilt products. This was a result of recurring orders from existing customers and addition of new customers and new product launches. Operating...

Unrivaled Brands Reports Second Quarter 2022 Financial Results

Written by Customer Service on August 19, 2022. Posted in Earnings Releases And Operating Results.

SANTA ANA, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California and Oregon, yesterday reported its second quarter 2022 financial results for the quarter ended June 30, 2022. Financial Update During the three months ended June 30, 2022, the Company generated total revenue of $17.56 million composed of retail revenue of $10.95 million and cultivation/distribution revenue of $6.61 million. This compared to total revenue of $2.87 million for the quarter ended June 30, 2021, which included retail revenue of $2.32 million and cultivation/distribution revenue of $0.55 million. This was an increase of 511.0% in total revenue. The Company’s gross profit...

CMUV Bancorp Announces 3rd Quarter 2022 Cash Dividend

Written by Customer Service on August 19, 2022. Posted in Public Companies.

El Centro, CA, Aug. 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — The Board of Directors of CMUV Bancorp (CMUV), the bank holding company for Community Valley Bank, has approved a $0.10 3rd Quarter cash dividend per common share. The dividend will be payable on September 30, 2022 to all shareholders of record on September 8, 2022. Jon A Edney760-352-1889mediarelations@yourcvb.com

Day: August 19, 2022

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