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Day: September 12, 2022

Security National Life Announces “Green” Updates to Their Corporate Campus

SALT LAKE CITY, Sept. 12, 2022 (GLOBE NEWSWIRE) — Security National Life Insurance Company, a wholly owned subsidiary of Security National Financial Corporation (NASDAQ-SNFCA) is pleased to announce an initiative to expand their Corporate Social Responsibility goals and assist in the local water conservation. As the Company has built their corporate campus in Salt Lake City they have made great efforts to construct an environmentally sound development that utilizes the most efficient building practices. In the planning phase of the development the company chose to add intelligent building systems and build offerings to encourage employees to take advantage of more green modes of transportation. Most recently, the Company chose to utilize a low water landscape plan to lessen the ecological footprint of the development. In doing...

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Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2022 Results

MONROE TOWNSHIP, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its first quarter ended July 31, 2022. 1Q23 HIGHLIGHTS:Revenues increased to $714,000 in 1Q23, as compared to $272,000 in 1Q22. Selected by the U.S. Department of Energy (DOE) for the Phase II development of a next-generation wave energy converter. In the DOE’s recently published awards for clean energy Small Business Innovation Research (SBIR) projects, OPT will receive up to $1.1 million over the next 18-24 months to develop and test a modular and scalable Mass-on-Spring Wave Energy Converter (MOSWEC) PowerBuoy. Continued second...

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Aspira Women’s Health Announces Publication of its Second-Generation MultiVariate Index Assay, OVERA®, in the Detection of Cancer in Filipino Women

Data demonstrates the accuracy of Aspira’s multivariate assessment test OVERA in a non-White population and concludes use of OVERA to be better than CA-125 in detecting early-stage cancer in women with a pelvic mass AUSTIN, Texas, Sept. 12, 2022 (GLOBE NEWSWIRE) — Aspira Women’s Health Inc. (“Aspira”), a bio-analytical based women’s health company focused on gynecologic disease, today announced publication of a study on the use of its multivariate index assay, MIA2G (OVERA®), in the detection of ovarian cancer in Filipino women in the peer-reviewed International Journal of Environmental Research and Public Health. The paper, entitled: “Clinical Performance of a Multivariate Index Assay in Detecting Early-Stage Ovarian Cancer in Filipino Women,” highlights the first prospective study evaluating the clinical performance and overall...

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CTO Realty Growth Provides Corporate and Transactional Update

WINTER PARK, Fla., Sept. 12, 2022 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on recent corporate and transactional activities:Successfully completed the relocation of the Company’s corporate headquarters from Daytona Beach, Florida to downtown Winter Park, Florida. The Company will continue to maintain a meaningful office presence in Daytona Beach. The Company’s new headquarters are now located at 369 N. New York Ave., Suite 201, Winter Park, FL 32789. Under contract to sell three properties comprised of two single tenant retail properties and 245 Riverside in Jacksonville, Florida, the Company’s sole remaining multi-tenant office property. Under contract to acquire a class A, grocery-anchored mixed-use asset for $93.9 million, which is anticipated to close in the...

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Great Elm Group Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results

Company to Host Conference Call at 9:00 a.m. ET on September 13, 2022 WALTHAM, Mass., Sept. 12, 2022 (GLOBE NEWSWIRE) — Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG) a diversified holding company, today announced financial results for its fiscal fourth quarter and full year ended June 30, 2022. Fiscal 2022 Annual Operating Highlights Investment Management (IM):In May 2022, the company acquired the investment management agreement of Monomoy Properties REIT, LLC (“Monomoy REIT”). Formed in 2014, Monomoy REIT is a private real estate investment trust, with a 114-property portfolio of diversified net leased industrial assets with a fair value of approximately $358 million as of June 30, 2022. To support growth, GEG invested $15 million into a subsidiary of Monomoy REIT at an 8% dividend per annum,...

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ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Third Quarter 2022

DENVER, Sept. 12, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.39 per share for the third quarter 2022. The distribution will be payable on September 29, 2022 to shareholders of record on September 22, 2022. Disclosures A portion of the Company’s distributions may, from time to time, include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Company. As required under the Investment Company Act of 1940, as amended, a notice with the estimated components of the distribution will be sent...

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Malaga Financial Corporation Announces 73rd Consecutive Quarterly Cash Dividend

PALOS VERDES ESTATES, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on September 23, 2022. The dividend will be paid out on or about October 3, 2022. Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased to announce the 25 cent quarterly dividend which represents a 4.26% annualized yield based on our most recent closing price of $23.47. Solid earnings and our strong capital level position us to continue to reward our shareholders for their investment.” Malaga Bank, a subsidiary of Malaga Financial Corporation, is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices located in the South Bay area of Los Angeles. Malaga Bank...

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Lantronix Announces Acquisition of Uplogix

Increases Scale of Out-of-Band Remote Management Solutions Product Offerings Solidifies Lantronix Market Position With Complementary High-End Solutions Drives Significant Engineering Synergies and Leverages Lantronix Sales Motion and Reach Acquisition Expected to Be Accretive to Lantronix GAAP Gross Margins Lantronix Expects Acquisition to Be Accretive to Non-GAAP EPS Within First Six Months Post-CloseIRVINE, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and Internet of Things (IoT), today announced its acquisition of Out-of-Band (OOB) management solutions provider, Uplogix Inc., for approximately $8 million in cash with an additional payment of up to $4 million, subject to the achievement of certain revenue targets for Uplogix. The transaction...

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Robinhood Markets, Inc. Reports August 2022 Operating Data

MENLO PARK, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) — Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for August 2022:Net Cumulative Funded Accounts (NCFA) at the end of August were 22.9 Million, unchanged from the end of July 2022. Monthly Active Users (MAU) at the end of August were 13.3 Million, up 0.1 Million from the end of July 2022.Assets Under Custody (AUC) at the end of August were $71.0 Billion, down 5% from the end of July 2022. Net Deposits were $0.8 Billion in August, translating to a 12% annualized growth rate relative to July 2022 AUC. Over the last twelve months, Net Deposits were $17.6 Billion, translating to an annual growth rate of 17% relative to August 2021 Assets Under Custody.Notional Trading Volumes – which are the primary driver of transaction...

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SeaChange Reports Fiscal 2Q 2023 Financial and Operational Results

Revenue of $7.3M for Fiscal 2Q 2023 was up 12% y/y and 9% sequentially Gross Margin up 200 basis points y/y to 65% with execution on profitable growth Attractive outlook with focus on streaming, digital advertising, and Connected TVBOSTON, Sept. 12, 2022 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”) a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today, reported financial and operational results for the fiscal second quarter ended July 31, 2022. Fiscal Second Quarter 2023 and Recent HighlightsGrew revenue year-over-year and sequentially to $7.3 million, as SeaChange continues to capture its growth opportunities in both products and services Generated positive non-GAAP operating...

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