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Day: November 17, 2022

8i Acquisition 2 Corp. and EUDA Health Limited Complete Business Combination

Singapore, Nov. 17, 2022 (GLOBE NEWSWIRE) — 8i Acquisition 2 Corp. (the “Company” or “LAX”) (NASDAQ: LAX), a publicly traded special purpose acquisition company, today announced the completion of its business combination (the “Business Combination”) with EUDA Health Limited (“EUDA Health”), a Singapore-based digital health platform that aims to make healthcare more affordable, accessible, and improve the patient experience by delivering improved outcomes through personalized healthcare. The combined company will operate under the name “EUDA Health Holdings Limited” and will be led by Founder and Chief Executive Officer Dr. Kelvin Chen. Commencing at the open of trading on November 18, 2022, the combined company’s ordinary shares and warrants will trade on Nasdaq Stock Market under the symbols “EUDA” and “EUDAW,” respectively. Upon...

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Fortis Inc. Announces First Quarter Dividends – 2023

ST. JOHN’S, Newfoundland and Labrador, Nov. 17, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends:$0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;   $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;   $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;   0.346562 per share...

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Firan Technology Group Corporation (“FTG”) Announces the Signing of a Definitive Agreement to Acquire IMI, Inc., a US Based Circuit Board Company

TORONTO, Nov. 17, 2022 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG), announced it has entered into an agreement to acquire IMI, Inc. (“IMI”) based in Haverhill, Massachusetts, north of Boston. IMI is a manufacturer of specialty RF circuit boards focused on the aerospace and defense markets. The closing of the acquisition is subject to approval by the Committee on Foreign Investment in the United States (CFIUS) and other customary closing conditions. The companies will shortly apply for CFIUS approval. The closing of the transaction is expected to take place in the first quarter of fiscal 2023. FTG will acquire 100% of the common shares of IMI for cash consideration of approximately $2M CAD, subject to typical closing adjustments. The target company has had reported annual sales of approximately $4-5M CAD in its...

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Navigate360 Advances Whole-Child Student Wellness and Safety Suite with Latest Acquisition in Continuing Effort to End School Shootings, Teen Suicide and Bullying

For the first time, schools are enabled to seamlessly address the needs of the whole child from motivation through physical safety RICHFIELD, OH, Nov. 17, 2022 (GLOBE NEWSWIRE) — Navigate360, the nation’s leader in K–12 student wellness and physical safety solutions, has acquired PBIS Rewards, a SaaS platform that simplifies the implementation and management of the evidence-based, tiered framework for supporting students’ behavioral, academic, social, emotional and mental health. The acquisition expands Navigate360’s leading whole-child safety suite, giving district leaders the tools, expertise and confidence they need to create safe school environments for 50 million U.S. students and strengthen the academic performance of our youth.  PBIS, which stands for Positive Behavior Interventions and Supports, provides a framework for...

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Dada Announces Unaudited Third Quarter 2022 Financial Results

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 HighlightsTotal net revenues in the third quarter were RMB2,380.1 million, an increase of 41.1% year over year from RMB1,686.8 million in the same period of 2021. Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended September 30, 2022 was RMB58.9 billion, an increase of 58.3% year over year from RMB37.2 billion in the same period of 2021. Number of active consumers for the twelve months ended September 30, 2022 was 75.4 million, as compared with 57.1 million in the same period of 2021.“We are delighted to open a new chapter...

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Syneos Health to Participate in Fireside Chat at the 2022 Evercore ISI HealthCONx Conference

MORRISVILLE, N.C., Nov. 17, 2022 (GLOBE NEWSWIRE) — Syneos Health® (Nasdaq:SYNH), the only fully integrated biopharmaceutical solutions organization, today announced that Chief Executive Officer Michelle Keefe is scheduled to participate in a fireside chat at the 2022 Evercore ISI HealthCONx Conference on December 1, 2022, at 7:00 a.m. ET. The Company will not be hosting investor meetings. A live webcast of the event, along with a link to the archived replay will be available on the Company’s Investor Relations website at investor.syneoshealth.com. About Syneos HealthSyneos Health® (Nasdaq:SYNH) is the only fully integrated biopharmaceutical solutions organization purpose-built to accelerate customer success. We lead with a product development mindset, strategically integrating clinical development, medical affairs and commercial...

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Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.20 Per Share

MOOREFIELD, W.V., Nov. 17, 2022 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces its Board of Directors today declared a fourth quarter 2022 dividend of $0.20 per share payable on December 30, 2022 to common shareholders of record as of the close of business on December 15, 2022. Summit Financial Group, Inc. is the $3.9 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit’s focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to leverage its highly efficient operations and core deposits in strong legacy locations. Residential and consumer lending, trust and wealth...

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Clearfield Reports Record Fiscal Fourth Quarter and Full Year 2022 Results

Revenue For Fiscal Fourth Quarter Grew 110% Year-over-Year to Record $95 Million Including an incremental $7 Million Generated by the Acquisition of Nestor Cables.Revenue for Fiscal Year 2022 Grew 92% to $271 Million as Compared to Fiscal Year 2021.Fiscal 2022 Net Income Totaled $49 Million, or $3.55 per Diluted Share, an Improvement of 143% from $20 Million, or $1.47 per Diluted Share, in Fiscal 2021.Backlog Increased 148% to $165 Million at Year End Compared to $66 Million at End of Fiscal 2021.Company Introduces Fiscal 2023 Net Sales Guidance to a Range of $380 Million to $393 Million, Representing 40% to 45% Growth Over Record Fiscal Year 2022.MINNEAPOLIS, Nov. 17, 2022 (GLOBE NEWSWIRE) —  Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal fourth quarter and year ended...

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Nyxoah to Participate in the Piper Sandler 34th Annual Healthcare Conference

Nyxoah to Participate in the Piper Sandler 34th Annual Healthcare Conference Mont-Saint-Guibert, Belgium – November 17, 2022, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will participate in the Piper Sandler 34th Annual Healthcare Conference, which takes place November 29-December 1, 2022, at the Lotte New York Palace hotel in New York. Olivier Taelman, Nyxoah’s Chief Executive Officer, will deliver a corporate update during a fireside chat on Thursday, December 1, 2022, at 12:00pm ET. A webcast of the presentation will be available on the Events section of Nyxoah’s Investor Relations website. The Company will...

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Dolby Laboratories Reports Fourth Quarter and Fiscal Year 2022 Financial Results

SAN FRANCISCO, Nov. 17, 2022 (GLOBE NEWSWIRE) — Dolby Laboratories, Inc. (NYSE:DLB) today announced the company’s financial results for the fourth quarter and full year of fiscal 2022. “We continue to make progress in bringing the Dolby experience to all the ways people enjoy their content,” said Kevin Yeaman, President and CEO, Dolby Laboratories. “While results came in below our expectations, we grew our presence across movies and TV, music, and user-generated content and we are confident in our long-term growth opportunities.” Fourth Quarter Fiscal 2022 Financial HighlightsTotal revenue was $278.2 million, compared to $285.0 million for the fourth quarter of fiscal 2021. GAAP net income was $27.8 million, or $0.28 per diluted share, compared to GAAP net income of $44.2 million, or $0.42 per diluted...

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