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Day: August 29, 2022

Brilliant Earth Expands North American Retail Presence with New Showrooms in Detroit and St. Louis

Locations unveil the omnichannel fine jewelry retailer’s new Truly Brilliant™ CollectionTruly Brilliant™ Collection Locations unveil the omnichannel fine jewelry retailer’s new Truly Brilliant™ CollectionSAN FRANCISCO, Aug. 29, 2022 (GLOBE NEWSWIRE) — Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, digital-first jewelry company and global leader in ethically sourced fine jewelry, today announced the opening of its 21st showroom at Downtown Birmingham in Detroit, Michigan, and its 22nd showroom in the Central West End neighborhood of St. Louis. As Brilliant Earth expands its North American retail presence, the Company’s new showrooms complement its innovative digital channels, which allow for a seamless transition between the online and in-person shopping experience. Both showrooms...

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Del Taco Introduces Mexican-Style Torta Sandwich Platform Supporting New Better Mex Brand Initiative

The Brand Temporarily Changes Name to “Del Torta” to Show They Are Serious About SandwichesDel Taco’s New Epic Tortas Del Taco’s New Epic TortasLAKE FOREST, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) — Del Taco, the nation’s second largest Mexican quick service restaurant*, is launching a multi-faceted brand initiative under the umbrella of Del Taco Better Mex™. Del Taco Better Mex leverages the brand’s team-based entrepreneurial culture, focused on a relentless desire to be better in all aspects of the brand experience, both internally and externally. The first menu initiative to support this journey is the new Epic Tortas™ platform. The new Epic Tortas include three hot and savory Mexican-Style sandwiches on a freshly toasted 7” roll including crispy chicken with house-made guacamole, freshly grilled chicken BLT...

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NanoXplore Acquires Assets of XG Sciences

MONTREAL, Aug. 29, 2022 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore”) (TSX: GRA and OTCQX: NNXPF), world-leading graphene company, is pleased to announce today that it was the winning bidder for a significant portion of the assets of XG Sciences Inc. (“XG Sciences”, “XG”, or the “Company”) in a sale conducted by XG’s senior secured creditor pursuant to Article 9 of Michigan’s enactment of the Uniform Commercial Code. NanoXplore and the senior creditor have entered into an asset purchase agreement pursuant to which NanoXplore is acquiring XG’s mechanical milling platform, research and development lab and all issued and pending patents and trademarks, among other items. The payment of this transaction is paid in cash without any share issuance.  Founded in 2006, XG Sciences specialized in the production of graphene nanoplatelets...

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HP Inc. Completes Acquisition of Poly

Combined organization will offer leading portfolio of hybrid work solutions to drive long-term sustainable growth PALO ALTO, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) today announced the completion of its acquisition of Poly, a leading global provider of workplace collaboration solutions. The deal is expected to accelerate HP’s strategy to create a more growth-oriented portfolio, further strengthen its industry opportunity in hybrid work solutions, and position the combined organization for long-term sustainable growth and value creation. HP expects the transaction, first announced in March, to be accretive to revenue, non-GAAP operating profit and non-GAAP EPS in FY23 post-merger. “This is a historic day for our business as we mark the union of two iconic companies that are innovating at the heart of hybrid...

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Enphase Energy to Acquire GreenCom Networks

Europe-based Company to Expand Enphase’s Home Energy Management Capabilities FREMONT, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has agreed to acquire GreenCom Networks AG. Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company’s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy, often referred to as sector convergence or sector coupling, to help achieve full home electrification. GreenCom Networks has extensive experience integrating a diverse set of devices...

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Software Acquisition Group Inc. III and Nogin Complete Business Combination

– Nogin to Begin Trading on Nasdaq Under the Ticker Symbols “NOGN” and “NOGNW” Beginning Tuesday, August 30th – Company to Ring Nasdaq Closing Bell on Friday, September 16th TUSTIN, Calif. and LAS VEGAS, Aug. 29, 2022 (GLOBE NEWSWIRE) — Software Acquisition Group Inc. III (Nasdaq: SWAG) (“SWAG”), a publicly traded special purpose acquisition company, today announced the completion of its business combination (the “Business Combination”) with Nogin (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”) technology. The combined company will operate under the name “Nogin, Inc.,” and will be led by Chairman and co-Chief Executive Officer Jan Nugent and President and co-Chief Executive Officer Jon Huberman. Commencing at the open of trading on August 30, 2022, Nogin’s Class A common stock...

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SHARC Energy Continues Pipeline Growth in Q2 2022

VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) announces it has filed financial results for the second quarter ended June 30, 2022. All figures are in Canadian Dollars unless otherwise stated and in accordance with IFRS. Second Quarter and Year to Date Financial Highlights:As of August 29, 2022, the Company has a Sales Pipeline1 of $9.8M. This represents a 27% growth from previous disclosure on April 18th, 2022. The aggregate Sales Pipeline and Sales Order Backlog2 (“Design Pipeline”) increased by 26% from the previous disclosure indicating continued growth of the Wastewater Energy Transfer (“WET”) industry.Revenue for the three months ended June 30, 2022 (“Q2 2022”) is $0.17M, representing an...

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Social Tech, Super App Innovator Bebuzee, Inc. (OTC: ENGA) Furthers Global Expansion with Launch of Fully Operational Data Centers in Amsterdam, Netherlands, and Frankfurt, Germany

Company completing data facilities in Milan, Italy, and Miami Financial Hub Brickell to round out 150 Million User Capacity for its Super AppSocial Tech, Super App Innovator Bebuzee, Inc. (OTC: ENGA) Furthers Global Expansion with Launch of Fully Operational Data Centers in Amsterdam, Netherlands, and Frankfurt, Germany Super App BenefitsMIAMI, FLORIDA, Aug. 29, 2022 (GLOBE NEWSWIRE) — Bebuzee, Inc. (OTC Pink: ENGA) a social platform and streaming service focused on development and deployment of America’s first SuperApp, Bebuzee has completed the setup of its data centers in Amsterdam, Netherlands and Frankfurt, Germany. Additional data centers in Milan, Italy and Brickell, Miami, Florida are underway toward a 150 Million User Capacity for Bebuzee’s highly anticipated Super App.  Super Apps are immensely popular in Asia,...

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Exela Technologies Signs Exclusive Non-Binding Letter of Intent to Create Stand-Alone European XBP Platform

Exela’s equity stake valued at $220 million, stand-alone EMEA business to be listed on Nasdaq IRVING, Texas, Aug. 29, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation (“BPA”) leader, announced today that one of its subsidiaries entered into an exclusive non-binding letter of intent (“LOI”) to form a stand-alone publicly listed company of its EMEA business, which has approximately $200 million in annual revenue. The news follows the June 6 announcement in which Exela declared its intention to sell in excess of $200 million of assets. The equity consideration of Exela’s stake in the proposed transaction is valued at $220 million. The cash to be injected into the EMEA business from the proposed transaction would be used for growth and general corporate...

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Millrock Adds to Treasury From Royalty Sale

VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) — Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF) (“Millrock” or the “Company”) reports that it has sold a portfolio of royalties on exploration projects in British Columbia, Canada and Sonora State, Mexico to Osisko Gold Royalties Ltd (“Osisko”). Gross proceeds from the sale are $1.2 million. Millrock President & CEO, Gregory Beischer, commented: “Prevailing market challenges make an equity financing difficult and raising capital in this manner would be highly dilutive to shareholders. Sale of non-core assets is the best way to bolster Millrock’s treasury for continued project generation activities, while we wait for assay results to roll out from two major Alaska gold drilling projects in which Millrock holds an interest.”PROJECT NAME NSR%Mexico...

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