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Day: August 24, 2022

Risk Strategies Acquires Dickstein Associates Agency

Full service, all-lines firm adds to northeast footprint, boasts loyal client base. BOSTON, Aug. 24, 2022 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency. Terms of the deal were not announced. Located in Tinton Falls, New Jersey and founded in 1965, Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages to individuals and businesses. Its expertise and customer service has created a loyal customer base with long-term client relationships, most notably among its top 10 clients averaging 22 years with the firm. “Dickstein’s longevity and client loyalty is evidence they share our client-first mindset,” said...

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Tecogen CHP Equipment Enables Tax Credits Under Inflation Reduction Act

Waltham, MA, Aug. 24, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to confirm that the increased and expanded tax credits available under the Inflation Reduction Act of 2022 apply to systems incorporating certain low emission technologies, including Tecogen’s combined heat and power (CHP) equipment.  The Inflation Reduction Act increased tax credits, including the investment tax credit (ITC), to up to thirty percent (30%) of the project cost for projects incorporating certain low emission technologies, including CHP equipment, that begin construction before January 1, 2025, provided that the taxpayer satisfies requirements relating to the payment of prevailing wages and the use of apprentices....

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Financial 15 Split Corp. Successful Overnight Offering

A high quality portfolio consisting of 15 North American Financial Services Companies TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight marketing of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering are expected to be approximately $54.7 million. The offering is being led by National Bank Financial Inc. The sales period of the overnight offering has now ended. The offering is expected to close on or about August 31, 2022 and is subject to certain closing conditions including approval by the TSX. The Preferred Shares are being offered at a price of $10.00 per Preferred Share to yield 6.75% and the Class A Shares are being offered at a price of $9.50 per Class A Share to yield 15.88%. The closing price on...

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Kratos Defense & Rocket Support Services Supports Successful Ballistic Missile Intercept Test During Pacific Dragon 22 Exercise  

SAN DIEGO, Aug. 24, 2022 (GLOBE NEWSWIRE) —  Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Defense & Rocket Support Services division supported the successful intercept test of a short-range ballistic missile (SRBM) target by a Standard Missile 3 (SM-3) Block IA during the Pacific Dragon 22 exercise. Kratos along with Government and industry partners integrated and launched the SRBM target known as an Aegis Readiness Assessment Vehicle Type B (ARAV B) that was successfully intercepted by USS Fitzgerald (DDG 62) during the exercise. The two stage ARAV-B SRBM consists of a complex payload mounted atop Kratos’ proven Oriole rocket motor and a government surplus Terrier Mk-70 rocket motor. The target vehicle, which has been flight-proven...

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Critical Solutions, Inc. (OTC: CSLI) Provides Shareholder Updates

Company Launches New Website and Updates Business Plans SHERIDAN, WY, Aug. 24, 2022 (GLOBE NEWSWIRE) — Critical Solutions, Inc. (OTC: CSLI) proudly announces the company has launched a new corporate website and domain name along with updates to its existing business plans. The website is now http://www.cslisolutions.com/ which is now consistent with its company social media accounts including Twitter.  Critical Solutions, Inc. new CEO Matt Dugan has been hard at work to identify new revenue streams and update/change existing business plans to better fit where the company is moving towards. CSLI will now be focused solely on entertainment and technology business infrastructures that align best the new direction of the company. The first of which is the Memorandum of Understanding (MOU) for Frudy, an emerging growth startup that...

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Orrön Energy completes the public offer to the shareholders of Slitevind, extends the acceptance period and publishes a supplement to the offer document

THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUDED IN THE SECTION TITLED “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE AND IN THE OFFER DOCUMENT.On 1 August 2022, Orrön Energy Holding AB, a wholly-owned subsidiary of Orrön Energy AB (publ), (“Orrön Energy” or the “Company”) announced a recommended public offer to the shareholders of Slitevind AB (publ) (“Slitevind”) to tender all...

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Asia Pacific Used Car Market is Benefitting from Omnichannel Sales and Expected to Cross USD 600 Billion by 2027: Makreo Research

Asia Pacific used car market has outperformed, particularly after COVID 19 Pandemic. Primarily due to consumer preferences for their own personal mobility, the demand for used cars has risen significantly. In India and South Korea, the market for used automobile market in Asia Pacific even surpassed that of new automobile sales in 2021. Mumbai, Aug. 24, 2022 (GLOBE NEWSWIRE) — Asia Pacific is one of the emerging region in the world in terms of economic growth. According to the reports, South Asian Economic Focus, South Asia will continue to have high GDP growth, with growth projected to reach 6.6% in 2022 and 6.6% in 2023, respectively. With the opening of borders and enterprises, economic activity in the region recovered, but supply chain disruptions brought on by the conflict between Russia and Ukraine, growing inflation, lockdowns...

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Chili Piper Acquires KosmoTime to Build the Next Generation of Smart Calendars

The Companies join forces to lead the emerging market of smart calendars NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) — Chili Piper, the leading qualifying, routing & scheduling platform for revenue teams, has acquired KosmoTime, a smart calendar solution helping its users better manage their time. “KosmoTime is a pioneer in smart time management,” said Alina Vandenberghe, co-founder and co-CEO of Chili Piper. “It has established a strong base of highly engaged users around a unique expertise both in User Experience and Data Science. We’re thrilled to bring this expertise into the Chili Piper team to build the next generation of calendars.” “KosmoTime was founded on the idea that we may have many calendars, but we only have one time, with many activities competing for that time,” said Martin Plouy, co-founder & CTO...

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Ceapro Inc. Reports Record 2022 Second Quarter and Six-Month Financial Results and Provides Corporate Update

– Company boasts highest second quarter sales to date; Q2 2022 sales of $5,500,000 vs $4,409,000 in Q2 2021, a 25% increase – YTD Sales increased 28% vs 2021 – $11,672,000 vs $9,110,000 – Income before tax of $2,177,000 in Q2 2022 vs $676,000 in Q2 2021 – YTD Income before tax increased 402% vs 2021 – $4,790,000 vs $1,191,000 – Pursued advanced development of delivery systems using PGX Technology EDMONTON, Alberta, Aug. 24, 2022 (GLOBE NEWSWIRE) — Ceapro Inc. (TSX-V: CZO; OTCQX: CRPOF) (“Ceapro” or the “Company”), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, today announced financial results and operational highlights for the second quarter and six months ended June 30, 2022. “I could not be more excited for the future of Ceapro....

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Assure Holdings Corp. Closes $6.2 Million Underwritten Public Offering of Common Stock

DENVER, Aug. 24, 2022 (GLOBE NEWSWIRE) — Assure Holdings Corp. (NASDAQ: IONM) (“Assure Holdings” or the “Company“), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, announced the closing of an underwritten public offering with gross proceeds to the Company of approximately $6.2 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering equates to 5,576,087 shares at a price to the public of $1.12 per share. The Company intends to use the net proceeds from this offering for general corporate purposes, including, but not limited to, repayment of indebtedness and increasing working capital expenditures. In addition, the Company granted the underwriter a 45-day option to purchase additional shares of common stock, representing...

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