Month: August 2022

Drone Software Market to Hit USD 5,961.6 Million by 2027 | With 25.05% CAGR

Written by Customer Service on August 2, 2022. Posted in Mergers And Acquisitions.

Companies Covered in Drone Software Market are Airware Inc (U.S.), 3D Robotics (U.S.), Dreamhammer Inc. (U.S.), Drone Volt (France), DroneDeploy Inc. (U.S.), ESRI (U.S.), Pix4D (Switzerland), Precisionhawk Inc. (U.S.), Sensefly Ltd.(Switzerland), Skyward Ltd. (U.S.), DJI (China), DroneDeploy (U.S.) and Other key players Pune,India, Aug. 02, 2022 (GLOBE NEWSWIRE) — The global drone software market size is expected to experience exponential growth by reaching USD 5,961.6 Million by 2027 while exhibiting an astounding CAGR of 25.05% between 2020 and 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence and machine learning in the development of drone software across the globe. Fortune Business Insights, in its latest, report, titled, “Drone Software Market Size, Share &...

Summit Therapeutics’ Rights Offering Nearing Expiration Date

Written by Customer Service on August 2, 2022. Posted in Public Companies.

Summit Provides Preliminary Update on Financial Position Menlo Park, California, Aug. 02, 2022 (GLOBE NEWSWIRE) — Summit Therapeutics Inc. (NASDAQ: SMMT) (“Summit” or the “Company”) today announced that it is nearing the previously-announced expiration date for its rights offering of 5:00 pm Eastern Daylight Time on August 8, 2022 (the “Expiration Date”). Importantly, for stockholders whose shares of our common stock are held in a brokerage account or are otherwise not registered directly with the Company, the deadline to exercise their subscription rights with their respective brokerage firms may be earlier. Information regarding specific broker-related deadlines should be obtained directly from the broker. As a reminder with respect to the rights offering, the aggregate offering value is up to $100 million. The subscription...

Crackle Plus Original Series In the Vault Returns August 18th

Written by Customer Service on August 2, 2022. Posted in Public Companies.

Season Two of the Hit Suspense Series Streams for Free Only on Crackle NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) — Crackle Plus, a Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) company and one of the largest operators of advertising-supported video-on-demand (AVOD) streaming services, announced today that the popular suspense series, In the Vault, returns for season two only on Crackle on August 18. Season two of the sexy suspense series In the Vault brings new mysteries, new twists, and new thrills to Woodlawn College. Things at Woodlawn College get stranger and stranger with the discovery of Liv Steele’s killer. Will this secret be kept as residents of The Vault head into their sophomore year? And what does that bloody secret have to do with the kidnapped hooded figure languishing in the basement? Produced by Complex...

Red White & Bloom Reports Fourth Quarter, Full Year 2021 and First Quarter 2022 Financial Results

Written by Customer Service on August 2, 2022. Posted in Earnings Releases And Operating Results.

Full year 2021 revenue increased 193% to CDN $37.3 million, vs CDN $19.3 million in 20201 Record quarterly revenue for Q1 2022 of CDN $28 million with Gross Margin excluding biological assets of $11.3 million1 Gross Margin of CDN $23.2 million in fiscal 2021 vs Gross Margin of CDN $12.9 million in fiscal 20211 Adjusted EBITDA loss of $10.3 million for Full Year 2021 and Adjusted EBIDTA gain of 360 Thousand for First Quarter 20211TORONTO, Aug. 02, 2022 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is pleased to report it has filed its 2021 audited financial statements, its 2022 first quarter financial statements and related 2021 and 2022 first quarter Management’s Discussion and Analysis and is providing certain full year 2021 and Q1, 2022 financial results and...

AgEagle Satisfies in Full All Payment Obligations for 2021 Acquisitions of MicaSense and senseFly at a 50% Discount

Written by Customer Service on August 2, 2022. Posted in Mergers And Acquisitions.

WICHITA, Kan., Aug. 02, 2022 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full-stack drone, sensor and software solutions for commercial and government/defense use, today announced that pursuant to certain waiver agreements dated as of July 22, 2022, the Company has made final holdback payments in full satisfaction of its payment obligations for the 2021 acquisitions of MicaSense, senseFly, SA and senseFly, Inc. in an effort to strengthen its balance sheet and properly position the Company for strategic growth opportunities. Commenting on the debt negotiation, Barrett Mooney, Chairman and CEO said, “Thanks to our institutional shareholders who have continued to support our capital raising efforts, and in light of the tightening capital markets,...

PEF Advisors Acquires Oaks at Olde Towne in Gaithersburg Montgomery

Written by Customer Service on August 2, 2022. Posted in Mergers And Acquisitions.

IRVINE, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its acquisition of Oaks at Olde Towne in Gaithersburg, Montgomery County, Md. Within 40 minutes of the District of Columbia, The Oaks at Olde Towne is one four-story building of 72 units of affordable housing for seniors. The unit mix includes 47 one-bedroom units and 25 two-bedroom units. Affordable set-asides for the property include 98% of the units at 50% area median income (AMI). The project is 98.6% occupied (as of September 21, 2021) and includes a leasing office, business center, library, fitness room, television room and four laundry rooms. Parking consists of 22 open spaces with an additional 14 open...

Bastion Elevate, IMW Agency Merge to Create Leading Integrated Marketing Firm in Southern California

Written by Customer Service on August 2, 2022. Posted in Mergers And Acquisitions.

Lead by CEO Christopher Bretschger, the newly rebranded Bastion Amplify offers expertise in P.R., media buying, design, social media and experiential marketing ORANGE COUNTY, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — In a move designed to provide the highest level of customer service, two leading Southern California-based marketing companies, Bastion Elevate and IMW Agency, have merged to create a new type of full-service firm that provides clients with a broad spectrum of services all managed under one roof with a single point of contact. The combined entity, rebranded as Bastion Amplify, will be headed by CEO Chris Bretschger, the former president of IMW Agency. Former Bastion Elevate president, Shana Starr, will serve as president of Bastion Amplify. The terms of the deal were not disclosed. “It is a tremendous honor to take...

UFP Technologies Announces Record Q2 Results

Written by Customer Service on August 2, 2022. Posted in Earnings Releases And Operating Results.

NEWBURYPORT, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) — UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today reported net income of $8.9 million or $1.17 per diluted common share outstanding for its second quarter ended June 30, 2022, compared to net income of $4.7 million or $0.62 per diluted common share outstanding for the same quarter in 2021. Sales for the second quarter were $94.3 million compared to sales of $50.7 million in the second quarter of 2021. Net income for the six-month period ended June 30, 2022 was $13.8 million or $1.81 per diluted common share outstanding compared to $8.9 million or $1.17 per diluted common share outstanding for the same period in 2021. Sales for the six-month period...

OceanPal Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022; Declares a Cash Dividend of $0.01 Per Share

Written by Customer Service on August 2, 2022. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Aug. 02, 2022 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $648 thousand and net income attributed to common stockholders of $157 thousand for the second quarter of 2022. Time charter revenues for the same period were $4.6 million. Net income for the six months ended June 30, 2022 amounted to $1.1 million and net loss attributed to common stockholders amounted to $277 thousand. Time charter revenues for the same period were $8.3 million. Dividend Declaration The Company declared a cash dividend on its common stock of $0.01 per share for the second quarter ended June 30, 2022. The cash dividend will be payable on or about August 31, 2022 to all common shareholders of record as of August 12, 2022. The...

GGTOOR, Inc. (OTCMKTS:GTOR) Announces Management Report for the Week Ended July 30, 2022

Written by Customer Service on August 2, 2022. Posted in Earnings Releases And Operating Results.

THOMASVILLE, GA, Aug. 02, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — GGTOOR, Inc. (OTCMKTS:GTOR) (“GGTOOR, Inc.”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces this week, the Company crowned champions in tournaments for six different games. Among them were Rocket League working with a new Tournament Organizer, which helped the event draw 55% more player registrations than the prior event. As the month draws to a close, the Company’s Discord continues to see steady growth as well, with net membership continuing to climb – now approaching the 24,000-member mark! This week’s Smash Ultimate event was a spectacle to behold! With JaZaR busy at his first Super Major, the field was wide open for a new champion to claim the crown! The Company saw many veterans of the series, who have often fallen...

Month: August 2022

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