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Month: August 2022

IN8bio Announces Closing of Exercise Option to Purchase Additional Shares in Public Offering

NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — IN8bio, Inc. (Nasdaq: INAB), a clinical-stage biopharmaceutical company focused on the discovery and development of innovative gamma-delta T cell therapies utilizing its DeltEx platform, today announced that the underwriter of its previously announced underwritten public offering of common stock which closed on August 16, 2022 has partially exercised its option to purchase an additional 268,949 shares at the public offering price of $1.90 per share, resulting in additional gross proceeds of approximately $0.5 million. After giving effect to the partial exercise of the option to purchase additional shares, the total number of shares sold by IN8bio in the public offering increased to 5,663,686 shares and gross proceeds increased to approximately $10.75 million. H.C. Wainwright & Co....

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The Competition Authority approved Tallinna Vesi’s application to adjust the price for water services

The Competition Authority granted AS Tallinna Vesi’s application to increase the price for water services by an average of 26 cents per cubic metre. The new price will apply to customers in the service area in Tallinn and Saue and to water companies located in the surrounding municipalities as of 1stOctober. Tallinna Vesi submitted an application to the Competition Authority on 15 August to adjust the price for water services, which Competition Authority approved it on 19 August. Based on the application, the Company will increase the price for water services in its service area from the 1st October 2022. The price for water services includes the water and sewerage service fee. According to the approved application, the price for water services in the service area of Tallinn and Saue will increase by 14% on average. From the beginning...

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Mobiquity Technologies Reports Second Quarter 2022 Financial Results and Business Update

Q2 2022 versus Q2 2021 revenue growth of 273% 6-months 2022 versus 6-months 2021 revenue growth of 201% Loss from Operations decreased by 53% Q2 2022 versus Q2 2021 and by 20% for the 6-months 2022 versus 6-months 2021NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a leading provider of next-generation advertising technology, today announced financial results for the second quarter of 2022 and provided a business update. Business UpdateHomeGraph, CryptoGraph and Contextual Targeting paved the way for Mobiquity’s growth. Revenue growth shows signs of returning to Pre-Pandemic levels. Political, Crypto and Data verticals lead revenue growth. Higher margin product mix, Video/CTV revenue increased 350% Q2 2022 versus Q2 2021 and 300% for the 6-months 2022 versus 2021Dean...

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ToughBuilt Industries Announces Second Quarter 2022 Results

Company reports revenues of $17.9 million, a 13% year-over-year increase IRVINE, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended June 30, 2022. The Company will discuss the results, and a business update, during the Company’s earnings conference call scheduled for 5:00 p.m. (ET) today. Second Quarter 2002 and Subsequent Financial Highlights:Revenues for the three months ended June 30, 2022, were approximately $17.9 million, an increase of 12.8% compared to the same period in 2021. The increase in revenue was primarily the result of expanded acceptance of ToughBuilt products. This was a result of recurring orders from existing customers and addition of new customers and new product launches. Operating...

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Unrivaled Brands Reports Second Quarter 2022 Financial Results

SANTA ANA, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California and Oregon, yesterday reported its second quarter 2022 financial results for the quarter ended June 30, 2022. Financial UpdateDuring the three months ended June 30, 2022, the Company generated total revenue of $17.56 million composed of retail revenue of $10.95 million and cultivation/distribution revenue of $6.61 million. This compared to total revenue of $2.87 million for the quarter ended June 30, 2021, which included retail revenue of $2.32 million and cultivation/distribution revenue of $0.55 million. This was an increase of 511.0% in total revenue. The Company’s gross profit...

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CMUV Bancorp Announces 3rd Quarter 2022 Cash Dividend

El Centro, CA, Aug. 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — The Board of Directors of CMUV Bancorp (CMUV), the bank holding company for Community Valley Bank, has approved a $0.10 3rd Quarter cash dividend per common share.  The dividend will be payable on September 30, 2022 to all shareholders of record on September 8, 2022.   Jon A Edney760-352-1889mediarelations@yourcvb.com

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BoxScore Brands, Inc. Executive Team Focus Continues on Lisbon Lithium Project

GREENWICH, Conn., Aug. 19, 2022 (GLOBE NEWSWIRE) — BoxScore Brands, Inc. (OTC Pink Current: BOXS) (“BoxScore”, the “Company”) a U.S.-based renewable energy company focused on the extraction, refining, manufacturing, and distribution of precious technical minerals, today announces a corporate update for its shareholders. “Lithium demand is at an all-time high,” said Sebastian Lux, Chief Executive Officer, BoxScore Brands Inc. “We could not be more excited about the advances in our research as it relates to the Lisbon Valley project. Our work on the geological, technical, and permitting sides continues as we look to further affirm our existing technical reports.” On November 5, 2021, BoxScore acquired the rights to 102 Federal Mining Claims located in the Lisbon Valley of Utah. The acquisition was driven by historical mineral data...

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VirTra Reports Second Quarter 2022 Financial Results

Total Revenue up 52%, Driving 51% Increase in Gross Profit and 34% Increase in Adjusted EBITDA CHANDLER, Ariz., Aug. 19, 2022 (GLOBE NEWSWIRE) — VirTra, Inc. (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the second quarter and six months ended June 30, 2022. The financial statements are available on VirTra’s website and here. Second Quarter 2022 Financial Highlights:Total revenue increased 52% to $8.0 million Gross profit increased 51% to $4.7 million, or 59% of total revenue Net income increased to $787,000 Adjusted EBITDA increased to $1.3 million Backlog at June 30, 2022 of $16.5 million Working capital surplus totaled $27.0 million, including unrestricted cash and cash equivalents...

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Ostin Technology Group Reports Half-Year Financial Results

NANJING, China, Aug. 19, 2022 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (the “Company”) (Nasdaq: OST), a supplier of display modules and polarizers in China, today reported its unaudited financial results for the six months ended March 31, 2022. Half-Year Ended March 31, 2022 Summary:Revenue declined by 31% to $60.09 million for the six months ended March 31, 2022, from $87.37 million for the same period in 2021; Gross margin grew to 14% for the six months ended March 31, 2022, from 12% for the same period in 2021; Operating income decreased by 23% year-over-year to $1.63 million for the six months ended March 31, 2022, from $2.13 million for the same period in 2021;   Net income was $1.20 million for the six months ended March 31, 2022, compared to $1.45 million for the same period in 2021; Earnings per...

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Verano Announces the Opening of Zen Leaf Clarksburg, the Company’s Fourth West Virginia Dispensary and 111th Location Nationwide

Zen Leaf Clarksburg is located at 254 Emily Drive, a busy thoroughfare with an average daily traffic count of 17,520 vehicles1 The dispensary is based in Harrison County, which has a population over 65,0002 Verano’s active operations span 13 states, comprised of 111 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacityCHICAGO, Aug. 19, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of Zen Leaf Clarksburg on Friday, August 19, 2022, the Company’s fourth dispensary in West Virginia and 111th nationwide. Zen Leaf Clarksburg, located at 254 Emily Drive, is open Wednesday through Saturday from 11 a.m. to 7 p.m. and Sunday from 10 a.m. to 4 p.m.,...

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