Day: August 26, 2022
Kurt Binder to Step Down as CFO on September 30; Search Underway to Identify Successor
IRVINE, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that Kurt Binder will be stepping down from his role as Chief Financial Officer to pursue another opportunity, effective September 30, 2022.
The Company has commenced a search for its next CFO with the assistance of an executive search firm. In the event that a new CFO is not appointed by October 1, 2022, then it is expected that Cindy Zhang, the Company’s Senior Vice President of Financial Planning and Analysis, will assume the role of interim CFO until the new CFO is appointed. Ms. Zhang joined CalAmp in 2017 and has been...
Graphex Group Limited Announces Full Exercise of Over-Allotment Option in Underwritten Public Offering
Written by Customer Service on . Posted in Public Companies.
ROYAL OAK, Mich., Aug. 26, 2022 (GLOBE NEWSWIRE) — Graphex Group Limited (NYSE American: GRFX), (“Graphex”, or the “Company”), a global leader in mid-stream processing of specialized natural graphite used for electric vehicle (EV) lithium-ion (Li-ion) batteries, today announced that the underwriters of its previously completed underwritten public offering have exercised their over-allotment option to purchase an additional 704,347 American Depositary Shares (ADSs), each ADS representing 20 ordinary shares, par value HK$0.01 per share, of the Company, at the public offering price of $2.50 per ADS less underwriting discounts and commissions, for aggregate gross proceeds of approximately $1.7 million before deducting underwriting discounts, commissions, and other estimated offering expenses. The 45-day over-allotment option was granted...
Bannix Acquisition Corp. Receives NASDAQ Notification of Non-Compliance With Listing Rules
Written by Customer Service on . Posted in Public Companies.
WOODCLIFF LAKE, N.J., Aug. 26, 2022 (GLOBE NEWSWIRE) — Bannix Acquisition Corp. (NASDAQ: BNIX) (“Bannix” or the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced that on August 23, 2022, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“NASDAQ”) advising the Company that the Company did not comply with NASDAQ’s Listing Rule 5250(c)(1) for continued listing because NASDAQ had not received the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2022 (the “Form 10-Q”).
NASDAQ informed the Company that it has 60 days from the date of the letter to submit a plan to regain compliance with respect to this delinquent...
Adverum to Present at the Inaugural Gilmartin Group Emerging Growth Company Showcase
Written by Customer Service on . Posted in Public Companies.
REDWOOD CITY, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company that aims to establish gene therapy as a new standard of care for highly prevalent ocular diseases, today announced that Laurent Fischer, M.D., president and chief executive officer of Adverum Biotechnologies, will present at the Gilmartin Group Inaugural Emerging Growth Company Showcase, being held on Wednesday, August 31, 2022.
Interested parties can access a live webcast of the presentation directly by following this link. An archived webcast of the presentation will be available under the Events and Presentations in the Investors section of Adverum’s website.
About Adverum Biotechnologies
Adverum Biotechnologies (NASDAQ: ADVM) is a clinical-stage company that aims to establish gene therapy as a new standard...
Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the six months ended June 30, 2022
Written by Customer Service on . Posted in Public Companies.
Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.
TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the six months ended June 30, 2022. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR profile at www.sedar.com.
About Automotive Finco Corp.
Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing opportunities...
Good Gaming Inc. Gives Response To Recent SEC Complaint Involving Fraudulent Hacking Scheme
Written by Customer Service on . Posted in Public Companies.
Kennett Square, PA, Aug. 26, 2022 (GLOBE NEWSWIRE) — Good Gaming, Inc. (OTCQB: GMER) (the “Company”), an innovative brand leading the gaming industry across multiple segments in the space since 2008, is giving a response regarding a recent complaint filed by the SEC on August 15, 2022, in The United States District Court, regarding alleged fraudulent hacking scheme that took place in 2017 and 2018 involving Good Gaming securities indirectly owned and controlled by Glenn B. Laken, the CEO of CMG Holdings, Inc. During the timeframe of the alleged scheme, CMG Holdings, Inc. controlled a significant percentage of Good Gaming shares.
The complaint alleges a sophisticated pump and dump scheme involving 18 individuals, several entities, and the hacking of retail brokerage accounts held by innocent third-party investors to...
Central 1 reports 2022 second quarter financial results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
VANCOUVER, British Columbia, Aug. 26, 2022 (GLOBE NEWSWIRE) — Central 1 Credit Union (‘Central 1’ or ‘the organization’) reported a loss of $26.2 million for the second quarter (Q2) ended June 30, 2022.
“Central 1’s second quarter results reflect the impact of increasing market yields in the Canadian fixed income market,” said Sheila Vokey, Central 1 President & CEO. “While global economic challenges continue to push market yields higher in Canada, our financial results will reflect the impact of the resulting unrealized loss associated with our Treasury Securities Portfolio. It is important to note that our lines of business continue to show solid non-financial earnings grounded in our core operations. Our capital base remains healthy and supports our ability to manage through the current economic cycle.”
Q2 2022 Consolidated...
Nokia Corporation: Repurchase of own shares on 26.08.2022
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Nokia CorporationStock Exchange Release26 August 2022 at 21:00 EEST
Nokia Corporation: Repurchase of own shares on 26.08.2022
Espoo, Finland – On 26 August 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code)
Number of shares
Weighted average price / share, EUR*XHEL
207,996
4.99CEUX
13,582
5.00AQEU
16,266
5.00TQEX
5,156
5.01Total
243,000
4.99* Rounded to two decimals
On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...
RAMSAY SANTE :Update on the indicative offer received by Ramsay Health Care Limited
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PRESS RELEASE
Paris, August 26th 2022
Update on the indicative offer received by Ramsay Health Care Limited
On 20 April 2022, Ramsay Générale de Santé noted the announcement by Ramsay Health Care Limited, its Australian reference shareholder listed on the Sydney Stock Exchange, that it had received a conditional non-binding indicative proposal from a consortium of financial investors led by KKR to acquire 100% of the share capital of Ramsay Health Care Limited by way of a scheme of arrangement.
On 25 August 2022, Ramsay Générale de Santé relayed the information published by Ramsay Health Care Limited that the consortium had confirmed the terms of its indicative offer, which nevertheless remained subject to certain conditions, including the completion of audits relating to Ramsay Health Care Limited and access to non-public information...
Demand Drives Greene Concepts E-Commerce Store to Expand Line of BE WATER Branded Merchandise
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Demand Drives Greene Concepts E-Commerce Store to Expand Line of BE WATER Branded Merchandise
Be Water Snapback HatDemand Drives Greene Concepts E-Commerce Store to Expand Line of BE WATER Branded Merchandise
$INKW – Be Water Merchandise PageMarion, North Carolina, Aug. 26, 2022 (GLOBE NEWSWIRE) — Greene Concepts, Inc. (OTC Pink: INKW) is pleased to announce the expansion of company labeled merchandise available on its e-commerce webpage powered by Shopify. The webpage displays accessible items to help market the Greene Concepts brand to the public. The company previously announced the new shopping site in its February 3, 2022 press release.
Greene Concepts’ BE WATERTM merchandise page offers a litany of the company’s promotional products to include hats, shirts, bags, cups, bottles and stickers containing both the...