Day: November 14, 2022

The leading digital automotive marketplace will participate in multiple workshops and panel discussions from November 14-17 in San Diego, California BUFFALO, N.Y., Nov. 14, 2022 (GLOBE NEWSWIRE) — ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, is pleased to return as a platinum-level sponsor and exhibitor at Used Car Week 2022, an annual conference that unites all corners of the used-car industry. ACV will have multiple leaders presenting at the conference:Doug Hadden, vice president of field operations, will lead a workshop on Monday, November 14, focusing on how tech-enabled, third-party at-home inspections provide trust for consumers within the digital car-buying experience, which is becoming more valuable when addressing EV or fuel-powered trade-ins....

On the basis of an authorisation by the Annual General Meeting of Kvika banki hf., held on 31 March 2022, Kvika´s Board of Directors has approved to grant stock options to a total of 39,932,524 shares in the company to certain employees of the group and has finalized agreements in that regard. The employees pay for the stock options with the deferred part of performance based payments which were granted, inter alia, for the year 2021. The stock options are granted in order to align the long-term interests of the company and said employees. For the stock options the employees pay a total of ISK 94,461,347 by using deferred performance based payments that have already been expensed. The terms of the stock options conform with the company´s remuneration policy and bonus scheme, Act on Financial undertakings no. 161/2002 and Rules of the Financial...

Q3 Revenue increased approximately 50% from the same year-ago quarter to $7.5M, the strongest quarter since 2017 Cash of $1.3M on hand as of September 30, 2022, and working capital of $2.2M Substantial doubt regarding the Company’s ability to continue as a going concern has been removed due to the deferral of all major debt, the Company’s current cash position, and continued revenue growth Q3 Adjusted EBITDA saw a year-over-year improvement to a positive $1.2M Revenue outlook for FY22 reinforced with an increase to $16.0M for the first nine months of 2022 Recently announced deferral of all major debt and the securing of a stock repurchase option with ME2C’s principal financial partner and largest shareholder Company’s supply revenue increases are primarily driven by a robust coal fired power industry expected to continue into the foreseeable...

FREMONT, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that Edward J. Hejlek will be stepping down as Enovix’s Chief Legal Officer, General Counsel and Secretary. Prior to Enovix, Mr. Hejlek served as executive vice president and general counsel at Tricida, Inc., a publicly traded pharmaceutical company that has developed a polymeric pharmaceutical. Before that, he was a partner at Bryan Cave Leighton Paisner LLP, a large international law firm, and an adjunct professor of law at the Saint Louis University School of Law.  Mr. Hejlek will continue to serve as Enovix’s Senior Vice President of Intellectual Property. About Enovix Enovix is the leader in advanced silicon-anode...

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies and Mission–driven Company, has been included in the Gaïa index for the fifth consecutive year. This stock market index developed by EthiFinance distinguishes the best performing French stocks in terms of Corporate Social Responsibility (CSR). Gaïa Research, EthiFinance’s extra-financial rating subsidiary, evaluates companies according to a framework of approximately 140 criteria divided into four pillars: Environment, Social, Governance and Stakeholders. The rating assesses the degree of transparency of information, the maturity of policies implemented and the progress made by the company in terms of sustainable development. Voltalia is ranked second among companies in its sector. Voltalia also received a bronze medal for its...

First automatic ISS Spotter contract signed abroadGeneral status Dardilly, 14 November 2022 – 6 pm 1 – First sale of an automatic ISS Spotter system and focus on the DDSA branch: EBITDA balance is a realistic scenario for 2023The DDSA branch (Delta Drone SA and its support subsidiaries in France) aims to achieve revenues of €5.9 million and a gross margin of €3.3 million (56%) At the same time, total operating expenses are reduced to €3.5 million (including €2.1 million in payroll) The major challenge today lies in the financing of the working capital linked to this very strong commercial start-upAfter a first system installation in France, this second project underway abroad confirms the commercial potential of the ISS Spotter automatic solution and could lead to several systems sold in the same geographical area. A third installation...