Year: 2022

Parcel Sorter Market Size Worth USD 6.70 Billion, Globally, by 2029 at 10.6% CAGR

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

The global parcel sorter market size was valued USD 3.00 billion in 2021. The global market size is projected to reach USD 6.70 billion by 2029; it is estimated to grow at a CAGR of 10.6% from 2022 to 2029. Pune, India, Dec. 07, 2022 (GLOBE NEWSWIRE) — The global parcel sorter market size is expected to grow from USD 3.30 billion in 2022 and is projected to reach USD 6.70 billion by 2029, exhibiting a CAGR of 10.6% during the forecast period from 2022-2029. This information is provided by Fortune Business Insights, in its market research report, titled, “Global Parcel Sorter Market, 2022-2029.” According to our analysts, the parcel sorter market growth can be credited to the escalating need for automated sorting systems.Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/parcel-sorter-market-106900Report...

TGS and PGS Expand Multi-client Coverage Offshore Brazil

Written by Customer Service on December 7, 2022. Posted in Public Companies.

OSLO, Norway (7 December 2022) – TGS, a global provider of energy data and intelligence, today announced, in partnership with PGS, that it has secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths of both companies to provide high-quality multi-client data and timely delivery, which are critical to the exploration efforts in this area. The survey will cover more than 15,000 square kilometers of both open acreage made available by ANP via the new Permanent Offer mechanism (“POR”) and the exploration blocks recently awarded in the 17th Concession bid round and 3rd Cycle of the POR. The Ramform Tethys will mobilize for the survey in January 2023, and acquisition is scheduled to complete in August 2023. “We are...

CREDIT AGRICOLE SA: Crédit Agricole S.A. effectively sold the first tranche of 63.7% of its stake in Crédit du Maroc to the Moroccan group, Holmarcom

Written by Customer Service on December 7, 2022. Posted in Public Companies.

Crédit Agricole S.A. effectively sold the first tranche of 63.7% of its stake in Crédit du Maroc to the Moroccan group, Holmarcom Montrouge, 7 December 2022 – Crédit Agricole S.A. announces that it effectively sold the first tranche of 63.7% of its stake in Crédit du Maroc to the Moroccan group, Holmarcom. According to the agreement, Crédit Agricole S.A. will sell the second tranche covering the remaining 15% to the Holmarcom group in 18 months. This transaction occurred after having obtained the required regulatory approvals in line with the schedule announced in April 2022 by Crédit Agricole S.A. as part of the agreement to sell its total 78.7% stake in Crédit du Maroc. PRESS CONTACTS CRÉDIT AGRICOLE S.A. Alexandre Barat + 33 (0)1 57 72 12 19 alexandre.barat@credit-agricole-sa.frOlivier...

PGS and TGS Expand MultiClient Coverage Offshore Brazil

Written by Customer Service on December 7, 2022. Posted in Public Companies.

December 7, 2022, Oslo, Norway: PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul MultiClient 3D project in the southwest Santos Basin offshore Brazil. The PGS/TGS collaboration combines the operational and technical strengths of both companies to provide high quality MultiClient data and timely delivery, which are critical to the exploration efforts in this area. The survey will cover more than 15,000 square kilometers of both open acreage made available by ANP via the new Permanent Offer mechanism (“POR”), and the exploration blocks recently awarded in the 17th Concession bid round and 3rd Cycle of the POR. The Ramform Tethys will mobilize for the survey in January 2023 and acquisition is scheduled to complete in August 2023. “We experience continued exploration interest offshore Brazil where the combination...

Proactive news headlines including Bellevue Gold, Spenda Ltd, Tietto Minerals and Creso Pharma

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

Sydney, Dec. 07, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Bellevue Gold Ltd (ASX:BGL) is a step closer to becoming Australia’s next high-grade gold producer after receiving firm commitments for a $60 million fully underwritten share placement to institutional investors. Click here Spenda Ltd (ASX:SPX) shares surged 22% higher intra-day to 1.1 cents after signing a deal with Carpet Court to deliver an optimised payment solution across all Carpet Court member stores, with target integration by April 2023. Click here Tietto Minerals Ltd (ASX:TIE) has added more shallow high-grade visible gold results from step-out and depth extensional drilling completed at South Gamina (SG), part of its 3.45-million-ounce Abujar...

iBio Announces Pricing of $3.5 Million Underwritten Public Offering

Written by Customer Service on December 7, 2022. Posted in Public Companies.

BRYAN, Texas, Dec. 06, 2022 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA: IBIO) (“iBio” or the “Company”), an AI-driven innovator of precision antibody immunotherapies, today announced the pricing of its previously announced underwritten public offering of an aggregate of 3,365,385 shares of its common stock (or pre-funded warrants in lieu thereof), Series A warrants to purchase up to 3,365,385 shares of common stock and Series B warrants to purchase up to 3,365,385 shares of common stock, at a combined public offering price of $1.04 per share (or pre-funded warrants in lieu thereof) and accompanying warrants. The Series A warrants will have an exercise price of $1.04 per share, will be exercisable immediately upon issuance and will expire five years from the date of issuance, and the Series B warrants will have an exercise price of $1.04...

Clearfield Announces Pricing of Upsized $120 Million Public Offering of Common Stock

Written by Customer Service on December 7, 2022. Posted in Public Companies.

MINNEAPOLIS, Dec. 06, 2022 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD) today announced the pricing and upsize of the previously announced underwritten public offering of 1,200,000 shares of its common stock at a price to the public of $100.00 per share for expected gross proceeds of approximately $120 million before deducting estimated offering expenses and the underwriting commissions and discounts. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to an additional 180,000 shares of its common stock in the underwritten public offering. The offering is expected to close on December 9, 2022, subject to the satisfaction of customary closing conditions. The net proceeds from the offering will be used for working capital and general corporate purposes. Cowen and Needham &...

FTAC ZEUS ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE

Written by Customer Service on December 7, 2022. Posted in Public Companies.

Philadelphia, PA, Dec. 06, 2022 (GLOBE NEWSWIRE) — FTAC Zeus Acquisition Corp. (NASDAQ:ZING) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that the special meeting of its stockholders (the “Special Meeting”) originally scheduled for Wednesday, December 7, 2022, is being postponed to Wednesday, December 14, 2022. The Company decided to postpone the Special Meeting in light of the amount of redemption requests it received in connection with the initially scheduled Special Meeting. The Company does not anticipate proceeding with the Special Meeting or the proposals to be voted on therein if the related redemption requests would result in the Company retaining less than approximately $125 million in its trust account. Additionally, the Company...

Mark Mugiishi appointed to First Hawaiian, Inc. and First Hawaiian Bank Boards of Directors

Written by Customer Service on December 7, 2022. Posted in Public Companies.

HONOLULU, Dec. 06, 2022 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ: FHB), the parent company of First Hawaiian Bank, announced today the appointment of Mark Mugiishi, M.D., F.A.C.S., to serve on its Board of Directors and the Board of Directors of First Hawaiian Bank. Dr. Mugiishi also was appointed to the Board of Directors’ Risk Committee. All appointments are effective December 6, 2022. “We are pleased to welcome Dr. Mugiishi and thank him for agreeing to serve on our Board. His diverse experience in the medical field coupled with his track record of giving back, makes him a valuable addition to our leadership team and demonstrates alignment with our goals and values as a company,” said Bob Harrison, First Hawaiian, Inc. Chairman, President and CEO. “We look forward to drawing on Dr. Mugiishi’s expertise as we continue...

Intrinsic Medicine and Phoenix Biotech Acquisition Corp. Mutually Agree to Terminate Business Combination Agreement

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

SEATTLE, Dec. 06, 2022 (GLOBE NEWSWIRE) — Intrinsic Medicine, Inc. (Intrinsic), a therapeutics company leveraging human milk biology to transform Gut-Brain Axis (GBA) and inflammatory disorders, and Phoenix Biotech Acquisition Corp. (NASDAQ:PBAX) (PBAX), a special purpose acquisition company sponsored by Phoenix Biotech Sponsor, LLC and formed for the purpose of acquiring or merging with one or more businesses, today announced the mutual termination of their previously announced business combination agreement due to current market conditions. “Intrinsic was encouraged by the positive feedback from prospective investors regarding the attractiveness of our novel and capital-efficient approach to developing transformative new therapeutics. We remain focused on advancing these important potential drugs and are grateful to PBAX’s team...

Year: 2022

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