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Month: September 2022

Exela Technologies Adds ClearBank to its XBP™ Platform

Enablement allows ClearBank connectivity to Pay.UK’s ICSLONDON, Sept. 08, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP) today announced a new customer, ClearBank, an enabler of secure accounts, real-time clearing and embedded banking for financial institutions. Exela will provide its XBP™ platform and processing services, enabling connectivity to Pay.UK’s interbank Image Clearing System (ICS). XBP is the largest revenue generator in the ITPS line of business, which generated $874.2 million in FY 2021. The Pay.UK Image Clearing System will enable ClearBank to extend its agency banking services by adding an enhanced cheque processing solution to multiple banks and financial institutions. Exela is a market leader in banking solutions and services and using its in-house developed XBP platform as...

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Exela Technologies Adds ClearBank to its XBP™ Platform

Enablement allows ClearBank connectivity to Pay.UK’s ICSIRVING, Texas, Sept. 08, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP) today announced a new customer, ClearBank, an enabler of secure accounts, real-time clearing and embedded banking for financial institutions. Exela will provide its XBP™ platform and processing services, enabling connectivity to Pay.UK’s interbank Image Clearing System (ICS). XBP is the largest revenue generator in the ITPS line of business, which generated $874.2 million in FY 2021. The Pay.UK Image Clearing System will enable ClearBank to extend its agency banking services by adding an enhanced cheque processing solution to multiple banks and financial institutions. Exela is a market leader in banking solutions and services and using its in-house developed XBP platform...

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Form 8.3 – [GB Group plc – 07 09 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree GB GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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Second Quarter 2022: Increasing Orders for ‘Sion’ Solar-Electric Passenger Car and More B2B Solar-Retrofit Projects

Sono Motors’ revenues in the Second Quarter 2022 Exceed First Quarter 2022 Revenues. Revenue Development Bolstered by a Total of 21 Sono Solar B2B Customer Projects as of today. Debut of ‘Sion’ in Its Production Design and Introduction of ‘Solar Bus Kit’, a Scalable B2B Solution to Enable Sustainable Mobility for Commercial Transport. First Series-Validation Vehicles Fully Assembled and in Testing. As of 1 September 2022, Over 20,000 Reservations (B2C) for the Sion With Average Down Payment of about €2,000 Net and Equivalent Net Sales Volume of about €435 Million. As One of Sono Motors’ First B2B Customers, FINN Intends to Purchase 12,600 Sion to Create a Sustainable Fleet.MUNICH, Germany, Sept. 08, 2022 (GLOBE NEWSWIRE) — The solar-mobility OEM Sono Group N.V. (NASDAQ: SEV) (hereafter referred to as “Sono Motors” or the “Company”)...

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Form 8.3 – [CareTech Holdings plc – 07 09 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree CARETECH HOLDINGS PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position...

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Form 8.3 – [Biffa plc – 07 09 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree BIFFA PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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MasterCraft Boat Holdings, Inc. Reports Record Fourth Quarter and Fiscal 2022 Results

VONORE, Tenn., Sept. 08, 2022 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2022 fourth quarter and year ended June 30, 2022. Fourth Quarter Highlights:Seventh consecutive record-setting quarter. Net sales for the fourth quarter increased to $217.7 million, up 39.9% from the prior-year period. Net income was $11.5 million, or $0.63 per diluted share. Diluted Adjusted Net Income per share, a non-GAAP measure, was $1.77, up 80.6%. Adjusted EBITDA, a non-GAAP measure, increased to $44.6 million, up 65.6%. Share repurchases of $4.0 million during the quarter. Non-cash impairment charges of $23.8 million related to our NauticStar segment.Full Year Highlights:The most profitable fiscal year in the Company’s history. Net sales increased to $707.9 million, up 34.6%...

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FuelCell Energy Reports Third Quarter of Fiscal 2022 Results

Third Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)Revenues of $43.1 million compared to $26.8 million Gross loss of $(4.2) million compared to gross profit of $1.1 million Loss from operations of $(28.0) million compared to $(10.6) million Backlog of $1.284 billion as of July 31, 2022, compared to $1.299 billion as of July 31, 2021DANBURY, Conn., Sept. 08, 2022 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today reported financial results and key business highlights for its third quarter ended July 31, 2022. “For the third quarter, we achieved our strongest quarterly revenue in five...

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Amdocs Enables New Brazilian Communications Provider, Winity Telecom, to Rapidly Deploy Its Mobile Network and Services to Help Close Digital Divide

JERSEY CITY, N.J., Sept. 08, 2022 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced a six-year contract with Winity Telecom, a new nationwide Brazilian mobile operator-led by Patria Investments Group, to enable the rollout of its 4G and 5G networks across remote communities in Brazil. In the first phase of the project, Amdocs will assist Winity Telecom’s delivery of 4G connectivity to more than 600 small municipalities, including public schools, as well as over 35.000 km of federal highways, to help close the gap in the digital divide. Amdocs is designing Winity’s networks to deliver optimum coverage and quality to ensure cost savings, quick time to market and agility. “With 5G technology gaining more traction in Brazil and 4G’s continued...

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Galectin Therapeutics to Participate in the H.C. Wainwright 24th Annual Global Investment Conference September 13, 2022

NORCROSS, Ga., Sept. 08, 2022 (GLOBE NEWSWIRE) — Galectin Therapeutics Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, announced today the Company will be participating in the H.C. Wainwright 24th Annual Global Investment Conference being held on September 12-14, 2022. The Wainwright Conference brings together thought leaders and practitioners from numerous fields to participate in presentations, one-on-one investor meetings, and networking opportunities with other attendees. Dr. Pol F. Boudes, Galectin Therapeutics’ Chief Medical Officer, will deliver a corporate presentation on Tuesday, September 13, 2022 at 11:00 AM ET. A live webcast of the discussion will be available at this link as well as through the investor relations section of the Company’s website at www.galectintherapeutics.com. About...

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