Month: August 2022
Vision Sensing Acquisition Corp. (“VSAC”) is a NASDAQ listed special purpose acquisition company trading under the ticker symbol “VSAC.” VSAC holds over US$102.5 million in its trust account for the purpose of effecting a business combination with a potential target.Newsight Imaging Ltd. (“Newsight”) is a leading-edge developer and producer of award winning, disruptive vision sensing chips, devices, and applications. Newsight has developed advanced CMOS image sensor chips for 3D machine vision and spectral analysis, with five sensors launched in 4 years, and thirty-three global partners in forty countries.
The transaction values Newsight at US$215 million, which together with US$102.5 million cash in VSAC’s trust account, assuming no redemptions in the business combination and the addition of proceeds of a possible financing of up...
14/2022 Green Hydrogen Systems – Notification of transactions by persons discharging managerial responsibilities
Written by Customer Service on . Posted in Public Companies.
Company announcement 14/2022
Notification of transactions by persons discharging managerial responsibilities in Green Hydrogen Systems A/S
Kolding, Denmark, 30 August 2022 – In accordance with article 19 of the Market Abuse Regulation, Green Hydrogen Systems A/S (“Green Hydrogen Systems”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Green Hydrogen Systems’ shares and other financial instruments linked thereto:
1.Details of the person discharging managerial responsibilities/person closely associateda)NameChristian Clausen2.Reason for the notificationa)Position/statusChairman of the Board of Directors in Green Hydrogen Systems A/Sb)Initial notification/amendmentInitial notification3.Details...
Shareholders’ Nomination Board of Aktia Bank Plc appointed
Written by Customer Service on . Posted in Public Companies.
Aktia Bank Plc Stock Exchange Release 30 August 2022 at 5.00 p.m.
Shareholders’ Nomination Board of Aktia Bank Plc appointed
In accordance with the Articles of Association of Aktia Bank Plc, a Nomination Board shall be appointed annually with the duty to prepare a proposal for members of the Board of Directors as well as for the remuneration of them to the Annual General Meeting. The Nomination Board comprises representatives of the five largest shareholders according to number of shares held.
The composition of the Nomination Board as from 30 August 2022 is:Matts Rosenberg, appointed by RG Partners Oy
Kaj-Gustaf Bergh, appointed by the Pension Insurance Company Veritas and the companies controlled by Erkki Etola
Gisela Knuts, appointed by the Åbo Akademi University Foundation
Johan Hammarén, appointed by Oy Hammarén & Co Ab.Kaj-Gustaf...
ILUS Confirms Completion of Its Two-Year Audit
Written by Customer Service on . Posted in Public Companies.
NEW YORK, NY, Aug. 30, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. To become fully reporting, the company has undergone audits of its 2020 and 2021 financials. With the completion of these audits, ILUS is preparing filing of its Form 10-12G Registration Statement with the U.S. Securities and Exchange Commission (the “SEC”), for submission during September 2022.
“We are excited to announce that our 2020 and 2021 financials are now audited. As part of our ongoing commitment towards transparency and accountability, we will be a fully SEC reporting company once the Form 10-12G Registration Statement is filed and effective,” said ILUS Managing...
MJ Holdings Inc. Plants First Seeds at Amargosa Valley Farm
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Las Vegas, Nevada, Aug. 30, 2022 (GLOBE NEWSWIRE) — MJ Holdings Inc. (OTCQB: MJNE), a highly diversified, publicly traded, cannabis holding company, is excited to announce that the first seeds have been planted at the Amargosa Valley farm.
Located in Amargosa Valley Nevada, our farm of 260 acres in which 100 acres is approved under the current special use permit for Cannabis, is an environmentally friendly, self-sustainable cannabis farm, with a focus on renewable energy. In this first phase of growing, we will include 4,000 plus seeds in our current approved growing structures. Among the first strains being grown is the Amsterdam classic, sativa-dominate, Amnesia Haze.
“The team and I are excited to be able to get the first seeds into the ground. We have put in hundreds of hours of hard work preparing our greenhouses for cultivation”,...
Authentic Heroes, Inc Secures First Purchase Order For its “Old is Gold” Christmas Album
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Somerville, NJ, Aug. 30, 2022 (GLOBE NEWSWIRE) — Global Fiber Technologies (OTC PINK: GFTX) through its subsidiary Authentic Heroes has secured its first purchase order for its “Old is Gold” Christmas album.
Chris Giordano President and Chairman of Global Fiber Technologies, Inc. stated; “Our initial march into the world of music entertainment has been met with extraordinary enthusiasm. Brick and mortar stores have shown extreme interest in our portfolio of music. This first purchase order is for a total of $800,000 or 40,000 units from a company known as “Best of As Seen On TV” of Westchester PA.,
We are working with Mass Merchandisers, Big Box Retail and Specialty Retail stores for what potentially could be a total of 550,000 Old is Gold Christmas Units sold at a wholesale price of $20.00 per unit...
Quantum Computing Market to Expand by 500% by 2028 | 86% of Investments in Quantum Computing Comes from 4 countries
Written by Customer Service on . Posted in Mergers And Acquisitions.
Global quantum computing market was valued at USD 490.51 Million in 2021, and it is expected to reach a value of USD 2,930.67 Million by 2028, at a CAGR of 30.70% over the forecast period (2022–2028). This is a whopping 497% growth in just span of 7 years.
Westford, USA, Aug. 30, 2022 (GLOBE NEWSWIRE) — Quantum computers touted as next big thing in computing. Major reliance on quantum computers could mean we’re soon entering a new era of artificial intelligence, ubiquitous sensors, and more efficient drug discovery. While quantum computers are still in the earliest stages of development, growing interest in their capabilities means that they are likely to become a central part of future computing systems. This has created a growing demand for quantum computing market and software, with providers already reporting strong demand...
Liquid Media Announces 187% Increase in Revenue Over Fiscal First Quarter
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Company Regains Financial Reporting Compliance as it Reports Second Quarter 2022 Financial Results and Provides a Corporate Update
VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) announces financial results from its second quarter for fiscal year 2022 ended May 31, 2022.
Financial highlights from the quarter and corporate highlights to date include:Revenues for Q2 2022 were $1,657,569, compared to $577,689 in Q1 2022, an increase of 187%. This also compares to $1,373 during the same period of 2021, an increase of 120,626%.
Gross profit was $496,618 as of May 31, 2022, compared to a gross loss of $130,306 for the year ago period
Operating expenses were $2.5 million for the quarter ended May 31, 2022.
Total cash as of May 31, 2022 was...
Worksport Appoints First Plant Manager for New West Seneca, NY Manufacturing Facility
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Richmond Hill, Ontario, Canada, Aug. 30, 2022 (GLOBE NEWSWIRE) — Worksport Ltd. (Nasdaq: WKSP) (the “Company” or “Worksport”) has appointed as manager veteran manufacturing executive Michael Scolnick. Scolnick has had over 25 years of progressive experience building and leading high-performance teams, developing and implementing world-class manufacturing concepts, and driving business performance. Scolnick will manage the Company’s new 220,000 sq. ft. assembly plant, located in West Seneca, NY.
“The Company will ramp up production of our new advanced products, including all-new hardcover designs and SOLIS, our advanced truck bed tonneau cover with integrated solar panels. We hired Michael, directing him to begin production as soon as possible. This is a turning point in Worksport’s history and one of the most significant hires...
Bright Green Signs Letter of Intent with Alterola Biotech for Strategic Partnership and Acquisition
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Bright Green to acquire 25% of Alterola common stock, followed by proposed acquisition of all remaining Alterola common stock, subject to customary conditions and regulatory and stockholder approvals
Partnership with Alterola will support Bright Green’s ability to manufacture and distribute federally compliant, pharmaceutical-grade cannabis and derivatives
GRANTS, N.M., Aug. 30, 2022 (GLOBE NEWSWIRE) — Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced that it has signed a letter of intent (“LOI”) with Alterola Biotech Inc. (OTC PINK:ABTI), a U.K.-based...