Year: 2022

React Gaming settles remaining obligations to acquire LOOT.BET

Written by Customer Service on December 12, 2022. Posted in Mergers And Acquisitions.

Remaining $4 million secured vendor take back note reduced to a $200,000 cash payment MONTREAL, Dec. 12, 2022 (GLOBE NEWSWIRE) — React Gaming Group Inc. (“React Gaming” or the “Corporation”) (TSXV: RGG, OTCQB: ITMZF) announces that it has entered into a debt settlement and release agreement dated December 9, 2022 (the “Debt Settlement”), to settle the debts and obligations outstanding in connection with the previously announced acquisition of Livestream Gaming Ltd. (“Livestream”), parent company of LOOT.BET. Under the terms of the share purchase agreement (the “SPA”) between React Gaming and the vendors of Livestream (the “Vendors”) entered into in respect of the acquisition of Livestream, the Corporation agreed to issue a $4,000,000 secured vendor take back note (the “Note”) in favour of the Vendors bearing 12% interest from the...

WisdomTree Reports Monthly Metrics for November 2022

Written by Customer Service on December 12, 2022. Posted in Public Companies.

Over $10 billion of year-to-date net inflowsStrong breadth with year-to-date net inflows in 7 of 8 major product categoriesRecord global AUM over $80 billion NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) — WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for November 2022, including assets under management (AUM) and flow data by asset class. Key Highlights:WisdomTree amid a nine-quarter net inflow streak $10 billion of year-to-date net inflows translates into a 14% annualized year-to-date organic growth rate. WisdomTree generated $1.1 billion of net inflows in November with organic growth in 7 of its 8 major product categories and had record-ending global AUM of over $80 billion. U.S. Equity products have generated net inflows in 29 of the prior 30 months, including $283 million in November...

First Wave BioPharma to Participate in BIO Partnering @ JPM During “J.P. Morgan Week 2023”

Written by Customer Service on December 12, 2022. Posted in Public Companies.

BOCA RATON, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc. (NASDAQ: FWBI) (“First Wave BioPharma” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, announced today the company will participate in BIO Partnering @ JPM being held January 9-12, 2023 in San Francisco. Details of the events are as follows:Event: BIO Partnering @ JPMDate: January 9-12, 2023Registration: https://www.bio.org/events/bio-partnering-jpm/registrationDuring the conference, members of the First Wave BioPharma management team will conduct one-on-one meetings with registered investors and pharmaceutical companies, showcasing the company’s business and clinical development strategy, recent corporate achievements, and...

Virco Reports Third Quarter Revenue Increased 35%, Driving Improved Financial Performance Across Multiple Metrics

Written by Customer Service on December 12, 2022. Posted in Earnings Releases And Operating Results.

Strong Execution by U.S. Factories and Logistics Provide Timely Delivery to Public and Private Schools YTD Revenue up 32.9% to $192.3 million YTD Gross Margin Improves to 37.6% vs. 34.8% in Prior Year YTD SG&A Declines from 31.8% to 29.7% YTD Operating Income Up Over 3X, from $4.3 million to $15.2 million Company Releases Updated Investor Presentation and Corporate Governance Guidelines at www.virco.comTORRANCE, Calif., Dec. 12, 2022 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (Nasdaq: VIRC) reported today that net revenue for the Company’s third quarter ended October 31, 2022 increased 35.0% to $77.4 million compared to $57.3 million in the same period of the prior year. While last year’s operations were constrained by supply chain and staffing challenges, the conclusion of this year’s summer delivery season was notable...

Daktronics, Inc. Announces 2023 Fiscal Second Quarter Results, Details Liquidity Enhancement Program

Written by Customer Service on December 12, 2022. Posted in Earnings Releases And Operating Results.

BROOKINGS, S.D., Dec. 12, 2022 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ – DAKT) today reported results for fiscal 2023 second quarter which ended October 29, 2022 and provided details on the initiatives underway to improve liquidity and cash generation as the company emerges from pandemic-related conditions that led to historic inventory buildup. Q2 FY2023 financial highlights:Net sales of $187.4 million, a 14.0 percent and 9.0 percent increase from the second quarter of fiscal 2022 and the first quarter of fiscal 2023, respectively Orders(1) of $182.8 million, a 11.7 percent increase from the second quarter of fiscal 2022 Product order backlog remains at historically high levels of $463.1 million(1) Operating income of $1.5 million and net loss in large part due to a $13.0 million non-cash deferred tax asset valuation...

Form 8.3 – [Devro plc – 09 12 2022] – (CGWL)

Written by Customer Service on December 12, 2022. Posted in Mergers And Acquisitions.

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 DEVRO 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...

TRX Gold Releases Positive Metallurgical Drill Hole Assay Results

Written by Customer Service on December 12, 2022. Posted in Public Companies.

Including: 106 m @ 4.19 g/t, 28 m @ 10.68 g/t, 123 m @ 2.69 g/t and 121 m @ 2.96 g/t AuTable 1: Metallurgy Drill Hole Sample Results Summary Table 1: Metallurgy Drill Hole Sample Results SummaryFigure 1: Map Showing Location of Metallurgical Drill Holes and Their Result Highlights Figure 1: Map Showing Location of Metallurgical Drill Holes and Their Result HighlightsTORONTO, Dec. 12, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce positive assay results from its 19-hole metallurgical variability sampling program on the Buckreef Gold Main Zone. The results are positive and significant for the Company as they continue to demonstrate: (i) continuity of mineralization down dip and along strike of the deposit; and (ii) excellent width and grade...

Everything Blockchain Inc., Announces EB Build’s Debut on the AWS Marketplace

Written by Customer Service on December 12, 2022. Posted in Public Companies.

EB Build Revolutionizes the Blockchain and Database Industries Jacksonville, Florida, Dec. 12, 2022 (GLOBE NEWSWIRE) — Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that enables real-world use of blockchain to solve critical business issues, announced the debut of EB Build (EBB), a patent-pending solution that merges blockchain and database technologies, on the Amazon Web Services (AWS) Marketplace. “EBB is blazing the path for the rest of the blockchain industry, taking security and immutability to the next level and fusing this capability to a event-based database system.,” explained Cedric Harris, Chief Research Officer, Everything Blockchain, Inc. Typical blockchain architectures are public and permissionless and underpin crypto and similar projects. EBB is a different animal. It is a private, centralized,...

HyreCar Focused on Sustainable Topline Growth and Profitability as In-fleeted and Net New Vehicle Counts Increase

Written by Customer Service on December 12, 2022. Posted in Public Companies.

LOS ANGELES, Dec. 12, 2022 (GLOBE NEWSWIRE) — HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced updates on progress of its joint venture with AmeriDrive and changes to its leadership team. On September 6, 2022, HyreCar closed a $100 million revolving line of credit with Credit Suisse and Medalist Partners for its fleet partner, AmeriDrive, to purchase cars for exclusive listing on HyreCar through a joint venture. Since October 19, 2022, the joint venture company has drawn $25 million on the line for the purchase of over 1,300 vehicles, with 1,000 vehicles already acquired. Over 200 net new cars have been in-fleeted with utilization approaching 70%. The balance of the vehicles, approximately 800, are expected to be in-fleeted within 60 days as they complete...

RUGBY RESOURCES LTD. PROVIDES YEAR END EXPLORATION UPDATE

Written by Customer Service on December 12, 2022. Posted in Public Companies.

Vancouver, B.C., Dec. 12, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to provide an update on the Company’s exploration projects. Current activity is focused on its porphyry copper discovery at Cobrasco, in Colombia. Cobrasco Copper – Molybdenum Project Rugby is the first company to drill test the Cobrasco copper-molybdenum porphyry system in Colombia. Drilling was initiated in August with the third drill hole currently underway. A second hole, CDH002 has been completed and assays are awaited. It was targeted on the basis of surface geochemistry and positive results from the first drill hole CDH001, 82 metres (“m”) at 1.00% CuEq¹ within a broader interval of 808m of 0.46% CuEq¹ (see News Release dated October 31, 2022). CDH002 was drilled 400m south...

Year: 2022

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