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Day: November 29, 2022

REPEAT — Alkaline Fuel Cell Power Corp. Announces Significant Milestone Achievement, Launch Event for Alkaline Fuel Cell System Prototype on January 11, 2023 and Management Update

Figure 1 PWWR’s Save the Date sent out to investors and industry peers on November 17, 2022TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce that its Belgium subsidiary, Fuel Cell Power NV (“FCP NV”), has achieved a significant milestone in the development of its alkaline fuel cell system, will be hosting a launch event on 11th January, 2023 in Geel, Belgium, and has transitioned the Company’s Chief Operating Officer to Managing Director of FCP NV to complete the development and commercialization of its fuel cells. “Alkaline Fuel Cell Power is proud to announce the unveiling of the prototype...

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Wanderport Corporation Announces Execution of Definitive Agreement with OZ Leather JSC to Enter the Automotive Sector

Acquisition represents Company’s first milestone after pivotWanderport Corporation Announces Execution of Definitive Agreement with OZ Leather JSC to Enter the Automotive Sector OZ Leather is a bulk manufacturer of high-quality leather catering to the automotive, furniture and accessories marketsWanderport Corporation Announces Execution of Definitive Agreement with OZ Leather JSC to Enter the Automotive Sector OZ Leather is a bulk manufacturer of high-quality leather catering to the automotive, furniture and accessories marketsWanderport Corporation Announces Execution of Definitive Agreement with OZ Leather JSC to Enter the Automotive Sector OZ Leather is a bulk manufacturer of high-quality leather catering to the automotive, furniture and accessories marketsWanderport Corporation Announces Execution of Definitive Agreement...

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Virtu Financial Announces Commencement of Lawsuit Against the Securities and Exchange Commission to Compel Compliance with Freedom of Information Act Request

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) announced that it took the extraordinary step of commencing a Freedom of Information Act (FOIA) lawsuit today to compel the Securities and Exchange Commission to comply with its statutory obligations to provide information about its rulemaking process and the interactions of the Chair of the SEC with interested parties. The action was filed in the U.S. District Court of the Southern District of New York. Virtu is represented by Paul, Weiss, Rifkind, Wharton & Garrison LLP. In June of 2022, Virtu submitted a FOIA request to determine whether the SEC’s rulemaking process included the legally required evaluation of potential investor harm and market risks, whether the SEC has solicited input from sufficiently broad sources and whether it had considered...

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Huadi International Group Co., Ltd. Debuts at the 24th China Hi-Tech Fair, Awarded 2022 Green Low-Carbon Factory by Wenzhou Bureau of Economy and Information Technology

HUDI’s booth at CHTF HUDI’s booth at CHTFIndustrial pipes and tubes Industrial pipes and tubesBEIJING, Nov. 29, 2022 (GLOBE NEWSWIRE) — Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, made its debut at the 24th China Hi-Tech Fair (“CHTF”) hosted in Shenzhen between November 15 and 17, 2022. The Company has also been awarded 2022 Green Low-Carbon Factory by Wenzhou Bureau of Economy and Information Technology. CHTF is co-hosted by Ministries and Commissions of China national government and Shenzhen Municipal government. The exhibition is one of the largest and most influential scientific and technological fairs in China that integrates transaction and achievements, exhibition of products,...

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Apollo Names Shawn T. Wooden Chief Public Pension Strategist and Partner

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) today announced the appointment of Shawn T. Wooden as Partner and Chief Public Pension Strategist for Apollo’s Institutional Client & Product Solutions group (ICPS). In this newly created role, Mr. Wooden will be responsible for deepening Apollo’s relationships with public pension plans, expanding its product offerings to further meet the needs of pension plans, and providing thought leadership in this rapidly evolving market. “At Apollo, we have built out an entire ecosystem around empowering retirees, and public pension funds have long been and will continue to be among our most valued partners,” said Scott Kleinman, Apollo Co-President. “We believe Shawn’s deep private and public sector experience along with his extensive relationship...

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Host Hotels & Resorts Announces the Appointment of Mari Sifo as EVP, Chief Human Resources Officer

BETHESDA, Md., Nov. 29, 2022 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), announced the appointment of Mari Sifo as executive vice president and chief human resources officer, effective November 28, 2022. She succeeds Joanne Hamilton who previously announced her retirement. Ms. Sifo joins the Company with more than 20 years of strategic human resources and business leadership experience at both private and public companies. In her new role, she will serve as a key member of the Company’s executive management team and will oversee all aspects of human resources including talent management; succession planning; diversity, equity, inclusion and belonging; organizational development and effectiveness; total rewards and executive compensation....

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Churchill Downs Incorporated and DraftKings Inc. Enter Agreement to Develop and Launch DK HORSE

DK HORSE Will Give DraftKings’ Customers the Ability to Bet on Horse Racing LOUISVILLE, Ky. and BOSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) and DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) announced today a multi-year agreement that will bring pari-mutuel wagering on horse racing to DraftKings. CDI’s subsidiary, TwinSpires, will provide advance deposit wagering (“ADW”) technology to DraftKings. TwinSpires is the premier, market leading online horse racing wagering platform in the U.S. DraftKings will launch DK HORSE in the coming months, which will allow DraftKings’ eligible customers to bet on horse racing using a standalone branded app. The initial launch of DK HORSE will require customers to sign up and deposit funds separate from that of their one account, one wallet tethered...

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Coveo to Present at Upcoming Investor Conferences

MONTREAL and SAN FRANCISCO, Nov. 29, 2022 (GLOBE NEWSWIRE) — Coveo Solutions Inc. (“Coveo” or the “Company”) (TSX: CVO), a leader in AI-powered relevance platforms that transform search, recommendations, personalization, and merchandizing within digital experiences, announced that members of its management team will present and participate in one-on-one meetings at the following investor conferences in December 2022:UBS Global TMT Conference, December 6, 2022, New York National Bank Financial Technology Conference, December 7, 2022, Toronto If available, webcast replays will be accessible on the Company’s investor relations website: https://ir.coveo.com/enAbout Coveo Solutions Inc. We believe that relevance is critical to winning in the new digital experience economy, to serve people the way they expect, and that applied AI...

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Cemtrex Completes Divestiture of Non-Core Assets to Focus on Accelerating Its Vicon and AIS Brands

Transformative Business Restructuring to Result in Cost Savings of $2.5-$3 Million Per Year Building a Dominant Security Technology Brand Focused on VSaaS Solutions Leveraging AI and Cloud Technology Solutions for Commercial, Industrial, and Government Applications Monetizing the Increase in Demand for Predictive Maintenance Services and the Rise in the Complexity of Equipment Through Single Source Industrial Contractor Advanced Industrial Services (AIS) Divesting Unprofitable Operations Through the Sale of Smartdesk and VR Subsidiaries to Deliver a Strong Balance Sheet and Access to Capital Markets to Execute Growth Strategy Brooklyn, NY, Nov. 29, 2022 (GLOBE NEWSWIRE) —  Cemtrex Inc. (NASDAQ: CETX, CETXP), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence,...

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ProSomnus Reports Third Quarter Financial Results and Provides Corporate Update

Generated record quarterly revenues, and expects merger with Lakeshore Acquisition I Corp. to close in the fourth quarter of 2022 Company Updates 2022 Revenue Guidance to range of $19.0 – $19.5 million for full year 2022 SAN FRANCISCO, Nov. 29, 2022 (GLOBE NEWSWIRE) — ProSomnus (“the Company”), a pioneer in precision medical devices for the treatment of Obstructive Sleep Apnea (“OSA”), today announced results for the third quarter ended September 30, 2022 and provided a business update. Recent HighlightsRecord revenues for the first nine months of 2022 of $13.6 million, a 40.6% year-over-year. Revenues in the third quarter were $5.0 million, also a record. Gross margins for the first nine months of 2022 were 52.6% compared to 52.2% in the first nine months of 2021. Gross margins were 49.2% in the third quarter, with inflationary...

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