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Day: September 14, 2022

Delwinds Insurance Acquisition Corp. Announces Forward Purchase Agreement and Amended Backstop Agreements

Houston, TX, Sept. 14, 2022 (GLOBE NEWSWIRE) — Delwinds Insurance Acquisition Corp. (“DWIN” or the “Company”) (NYSE: DWIN), a publicly traded special purpose acquisition company, announced today that it has entered into a Forward Share Purchase Agreement (the “Purchase Agreement”) with Meteora Capital Partners or its affiliates (collectively, “Meteora”) pursuant to which Meteora (i) has committed to owning, as of the date (the “BC Closing Date”) of consummation of DWIN’s previously announced business combination with FOXO Technologies Inc. (the “Business Combination” and “FOXO”), a certain number of shares of DWIN Class A common stock (“Public Shares”), and (ii) may purchase up to an additional number of Public Shares from other holders of Public Shares, which shares in the aggregate may be up to a maximum of 3,000,000...

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Brunswick Corporation and its brands set new records at the 2022 Cannes Boat Show

METTAWA, Ill., Sept. 14, 2022 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) and its industry leading brands achieved another record showing at the Cannes Boat Show, one of the most important marine industry events in Europe.  Mercury Marine reported a record 65 percent outboard share on the water, representing a sizeable increase from its previous record showing in 2021.  Mercury’s V6, V8, and V12 outboards were prominently displayed throughout the six-day event on many U.S. and European models, including multiple models with dual 600hp engines.  Over the past few years, Mercury has recorded record outboard share at many of the industry’s most influential shows globally including Cannes, Dubai, Miami, and Ft. Lauderdale. “Mercury’s continued market share growth has been well documented over the past few years and another...

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TUGA Signs LOI for Ultra Clean Cabin Air

EV developer aims for practical innovation as a healthier way to travel VANCOUVER, British Columbia and LISBON, Portugal, Sept. 14, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations,” or the “Company”), a developer of solutions for urban mobility challenges with the TUGA, a new type of electric vehicle (“EV”), is pleased to announce it has entered into a non-binding letter of intent with air purification specialist Rensair LLC (“Rensair”) regarding a potential commercial relationship to integrate air quality technology into the TUGA product line. Founded in May 2020 by Danish twins Christian and Frederik Hendriksen, Rensair is headquartered in London with operations in the UK, Europe, USA, and Asia. The company’s unique combination of high-efficiency particulate air (HEPA) and...

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Coda Octopus Group Reports Fiscal 2022 Third Quarter and Nine-Month Period Financial Results

– Fiscal Third Quarter Revenue Increased 8% Year-Over-Year – Company Remained Profitable with Net Income of $1.8 Million, or $0.16 per Share – Material Progress Made in Key Markets for Growth of both Echoscope® and DAVD  ORLANDO, FL, Sept. 14, 2022 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today reported its unaudited financial results for its third quarter (“TQ2022”) and nine months (“YTD 2022”) ended July 31, 2022. Annmarie Gayle, CODA’s Chairman and CEO, commented: “I am very pleased with our TQ2022 results as we grew revenue and net income over the same period a year ago while making further progress in penetrating markets which are key for our growth strategy around Echoscope PIPE® and our Diver Augmented Vision Display System (“DAVD”). In the TQ2022, a significant portion of our sales...

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LMP Automotive Holdings, Inc. Announces its Affiliates Entered into All-Cash Sale Agreements for its Remaining Dealership and its Associated Real Estate

FORT LAUDERDALE, Fla., Sept. 14, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it has entered into dealership and real estate sale agreements (the “Agreements”) to sell its Greenville, Tennessee dealership and its associated real estate (the “Sale”).The Company anticipates that the expected closing of the Sale will occur in November of this year, subject to the terms of the Agreements and numerous conditions precedent to Closing including but not limited to obtaining regulatory approval. Sam Tawfik, the Company’s Chairman and Chief Executive Officer commented, “With our current cash position, which continues to build as we generate profits and modest leverage, we are committed to responsibly managing...

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Revive Therapeutics Announces Submission of Amended Phase 3 COVID-19 Study Protocol to FDA

TORONTO, Sept. 14, 2022 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT:31R), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, announced today that it has filed an amended protocol to the U.S. Food & Drug Administration (“FDA”) for the Company’s Phase 3 clinical trial (the “Study”) (NCT04504734) to evaluate the safety and efficacy of Bucillamine, an oral drug with anti-inflammatory and antiviral properties, in patients with mild to moderate COVID-19. Further to the review and analysis by the unblinded statistician team of the supporting Pre-Dose selection data from the Study, the Company has now submitted to the FDA a revised protocol for further discussion and agreement addressing a new...

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August’s Top Malware: Emotet Knocked off Top Spot by FormBook while GuLoader and Joker Disrupt the Index

Check Point Research reports that FormBook is the most prevalent malware, while the Android spyware Joker takes third place in the mobile index. Apache Log4j Remote Code Execution also returns to first place as the most exploited vulnerability SAN CARLOS, Calif., Sept. 14, 2022 (GLOBE NEWSWIRE) — Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its latest Global Threat Index for August 2022. CPR reports that FormBook is now the most prevalent malware, taking over from Emotet, which has held that position since its reappearance in January. FormBook is an Infostealer targeting Windows OS which, once deployed, can harvest credentials, collect screenshots, monitor and log keystrokes as well as download...

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Automotive Flooring Market Size and Future Outlook 2029 | Fortune Business Insights™

Companies covered in the automotive flooring market are Corry Rubber Corporation, Toyota Boshoku, Conform Automotive, Autoneum Holding AG, Freudenberg Performance Materials, GGBAILEY, HP Pelzer Automotive System Inc., Apache Mills, Inc., 3M, Auto Custom Carpets, Inc. and more players profiled. Pune, India, Sept. 14, 2022 (GLOBE NEWSWIRE) — The global automotive flooring market is set to gain traction from the rising need to enhance the comfort of vehicles. This information is published by Fortune Business Insights™ in an upcoming report, the report further mentions that automotive flooring helps to prevent water and can capture dirt effectively. The emergence of the COVID-19 pandemic across the globe is causing uproar in a wide range of companies owing to the complete shutdown of production processes. Some of them have also started...

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Soap Market to Reach USD 55.29 Billion by 2027 | Soap Industry Striking CAGR of 5.0%

Key companies covered in Soap Market are Beiersdorf AG (Germany), Reckitt Benckiser Group plc (U.K.), Kao Corporation (Japan), Unilever (U.K.), Henkel AG & Co. KGaA (Germany), Ecolab Inc.(U.S.), Johnson & Johnson Services, Inc. (U.S.), Natura & Co. (Brazil), Procter & Gamble (U.S.), Colgate-Palmolive Co.(U.S.), and more players profiled. Pune, India, Sept. 14, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global soap market size is projected to reach USD 55.29 billion by 2027, exhibiting a CAGR of 5.0% during the forecast period. Rapid transmission of the COVID-19 infection is set to play a central role in fueling the growth of this market, states Fortune Business Insights™ in its recent report, titled “Soap Market, 2020-2027”. According to the World Health Organization (WHO), the coronavirus...

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Salt Market Size, Share, Demand, Comprehensive Analysis [2022-2029] | Fortune Business Insights™

Key companies covered in salt market are Akzo Nobel, Cargil, Compass Minerals, INEOS, K+S, Solvay, China National Salt Industry, CIECH GROUP, Atisale, LEMAR and Other Key Players. Pune, India, Sept. 14, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, in a report, titled “Salt Market Size, Share & Segmentation Analysis, By Type (Rock salt, Salt in brine, Solar salt, Vacuum pan salt), By Source (Brine, Salt mines), By Application (Chemical processing, De-icing, Water treatment, Oil & Gas, Agriculture, Flavoring agent, Others) and Regional Forecast, 2022-2029.” The rising need for salt applied in the chemical manufacturing industry is expected to enable speedy expansion of the market. The growing demand for Chlor-alkali chemicals is expected to foster healthy growth of the market. Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/salt-market-103011 The...

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