Day: September 29, 2022

Qomolangma Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering

Qomolangma Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering

NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) — Qomolangma Acquisition Corp., a Delaware corporation (NASDAQ: QOMOU) (the “Company”) announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The Company’s units are expected to be listed on The NASDAQ Capital Market (“Nasdaq”) and trade under the ticker symbol “QOMOU” beginning Friday, September 30, 2022. Each unit consists of one share of common stock, par value $0.0001 per share, one right to receive one-tenth (1/10) of a share of common stock and one redeemable warrant to acquire one share of common stock, at an exercise price of $11.50 per share. The underlying securities of the units are not trading separately at this time. Once the securities comprising the units begin separate trading, the shares, rights, and warrants are expected to be...

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Isracann Biosciences Announces Delay in Filing Annual Financial Statements

Isracann Biosciences Announces Delay in Filing Annual Financial Statements

VANCOUVER, British Columbia, Sept. 29, 2022 (GLOBE NEWSWIRE) — Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF) (the “Company”) announces that the filing of its audited annual financial statements for the year ended May 31, 2022, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”) were not filed by the required filing deadline of September 28, 2022 (the “Filing Deadline”). The Annual Financial Filings are late due to unforeseen delays in the completion of the Company’s audit.   The unforeseen delay is due to the fact that the Company acquired operations in Israel and in Canada during the fiscal period and the auditors are trying to consolidate the audit and have lack of time to complete procedures. The Company’s staff are working...

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Rogers Communications 3Q22 Investment Community Teleconference November 9, 2022 at 8:00 a.m. ET

Rogers Communications 3Q22 Investment Community Teleconference November 9, 2022 at 8:00 a.m. ET

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — Rogers Communications Inc. plans to release its third quarter 2022 financial results on Wednesday, November 9, 2022, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers’ management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. To access the teleconference, the live webcast will be available on the Investor Relations section of Rogers’ website at investors.rogers.com. Alternatively, the teleconference can be accessed by dialing 416-915-3239 (1-800-319-4610 toll free for North America) at least ten minutes prior to the scheduled start time and requesting access to Rogers’ third quarter 2022 results teleconference. An archive of the presentation...

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PowerTap Announces Late Filing of Annual Financial Statements and Management Cease Trade Order

PowerTap Announces Late Filing of Annual Financial Statements and Management Cease Trade Order

VANCOUVER, British Columbia and IRVINE, Calif., Sept. 29, 2022 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) announces today that as a result of delays to its audit, the Company’s annual financial statements and accompanying management’s discussion and analysis for the fiscal year ended June 30, 2022 (the “Annual Filings”) were not finalized by September 28, 2022, being the date that such filings are due under applicable Canadian securities law requirements. The Company has applied for, and has been granted, a management cease trade order (the “MCTO”) by the British Columbia Securities Commission. The reason for the anticipated delay is due to enhanced quality controls by the Company’s auditors, staff turnover and the complexity of...

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AVCT Announces Intent to Effect Reverse Stock Split

AVCT Announces Intent to Effect Reverse Stock Split

Common Stock Will Begin Trading on a Split-Adjusted Basis on October 3, 2022 ATLANTA, Sept. 29, 2022 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) (the “Company”) today announces that it intends to effect a 1-for-15 reverse stock split of its issued and outstanding shares of common stock (the “Reverse Stock Split”). The Reverse Stock Split will become effective on September 30, 2022 (the “Effective Time”) upon filing with the Delaware Secretary of State of an amendment to the Company’s amended and restated certificate of incorporation (the “Charter”), and the Company’s common stock is expected to begin trading on a split-adjusted basis when the market opens on October 3, 2022. The Company’s common stock will continue to trade on the Nasdaq Capital Market under the symbol “AVCT.” The new...

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Greencastle Acquires Criterium Energy Units

Greencastle Acquires Criterium Energy Units

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — Greencastle Resources Ltd. (TSXV: “VGN”) “Greencastle” or the “Company”) is pleased to announce an initial investment in Criterium Energy Ltd. (TSXV-CEQ) “Criterium”, an emerging, upstream energy company focused on the acquisition and development of oil and gas assets in Southeast Asia. Greencastle has acquired 6,000,000 Criterium units at a price of $0.04 for total consideration of $240,000. Each unit is comprised of one common share of Criterium and one common share purchase warrant. The warrants are exercisable for a period of five years and allow the holder to purchase up to 6,000,000 additional Criterium common shares at $0.04. “Greencastle has had a very long and profitable relationship with Softrock Minerals Ltd.. The team at Softrock has reviewed dozens of opportunities, with a...

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Immutable Holdings Announces Recap of Recent Events

Immutable Holdings Announces Recap of Recent Events

Founder and CEO of Immutable Holdings, Jordan Fried, Speaks at Elevate Festival, Rebelcon 2022, and Vision/22, and Hosts First NFT.com Event on Twitter Spaces TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO: HOLD) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to share some of its recent activities as the Company continues on its mission to increase awareness, access, and adoption of digital assets. Founder and CEO, Jordan Fried spoke at the 2022 Elevate Festival in Toronto last week. Founded in 2021, Elevate produces one of the leading tech festivals globally, with this year’s gathering focused on innovation for artists and other content creators. Also speaking were tennis champion and entrepreneur Serena William, Metaverse artist and Techism founder Kristina...

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CPI Aerostructures Reports Second Quarter and Six Month 2022 Results

CPI Aerostructures Reports Second Quarter and Six Month 2022 Results

Second Quarter 2022 vs. Second Quarter 2021 Revenue of $18.9 million compared to $22.3 million; Gross profit of $3.7 million compared to $3.6 million; Gross margin of 19.3% compared to 16.1%; Net income of $0.5 million compared to $0.6 million; Earnings per diluted share of $0.04 compared to $0.05; Cash flow from operations of $0.3 million compared to $2.4 million. Six Months 2022 vs. Six Months 2021 Revenue of $39.1 million compared to $53.1 million; Gross profit of $7.1 million compared to $8.5 million; Gross margin of 18.2% compared to 16.0%; Net income of $0.5 million ($1.3 million excluding the first quarter severance accrual of $0.8 million) compared to $1.9 million; Earnings per diluted share of $0.04 ($0.10 excluding the first quarter severance accrual of $0.06) compared to $0.15; Cash flow used by operations of $(2.1) million...

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Irwin Naturals Acquiring Ketamine Media

Irwin Naturals Acquiring Ketamine Media

Nation’s Leading Growth Platform for Ketamine Clinics to Drive Expansion of Irwin’s Emergence Clinics Chain LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”) today announced a definitive agreement to purchase all of the issued and outstanding shares of Keta Media, LLC dba Ketamine Media (“Ketamine Media”), the nation’s leading growth platform for clinics offering ketamine-assisted therapy. With a global network dedicated to improving patient outcomes, KM has established relationships with clinics in over 45 states and three countries and connects providers and patients using a unique patient-centered approach to communication. Irwin CEO Klee Irwin says, “While this transaction will contribute immediately to our profitability, this acquisition is driven...

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Reunion Neuroscience Inc. Announces Results of Annual General and Special Shareholder Meeting

Reunion Neuroscience Inc. Announces Results of Annual General and Special Shareholder Meeting

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — Reunion Neuroscience Inc. (TSX: REUN, NASDAQ: REUN) (“Reunion” or the “Company”) today announced the results of the votes held at its September 29, 2022 Annual General and Special Meeting of shareholders (the “Meeting”). The total number of common shares represented by shareholders present in person or by proxy at the Meeting was 5,073,132, representing 43.57% of the Company’s 11,642,953 outstanding common shares entitled to be voted. All of the matters put forward before the Company’s shareholders for consideration and approval, as set out in the Company’s Management Information Circular dated August 28, 2022 (the “Circular“), were approved by the requisite majority of votes cast at the Meeting. Each of the nominee directors listed in the Circular was...

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