Year: 2022

Wenzhou, China, Dec. 16, 2022 (GLOBE NEWSWIRE) — Erayak Power Solution Group Inc. (“Erayak” or the “Company”) (Nasdaq: RAYA), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, today announced the closing of its initial public offering of 3 million Class A ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $12 million, before deducting underwriting discounts, commissions, and other related expenses. In addition, Erayak has granted the underwriters a 45-day option to purchase up to an additional 450,000 ordinary shares at the public offering price, less underwriting discount, and commissions. The ordinary shares began trading on the Nasdaq Capital Market on December 14, 2022, under the ticker symbol, “RAYA.” Craft Capital Management...

* This press release is reissued solely to correct a typographical error in the monthly contribution amount to be placed in the trust account which should read “$0.055 per public share” instead of “$0.55 per public share.” New York, NY, Dec. 16, 2022 (GLOBE NEWSWIRE) — Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) (“Athena” or the “Company”), announced today that, in connection with the previously announced special meeting to be reconvened at 10:30 a.m. Eastern Time on December 21, 2022 (the “Extension Meeting”) for the purpose of considering and voting on, among other proposals, a proposal to amend Athena’s Amended and Restated Certificate of Incorporation (the “Extension Amendment”) to provide Athena with the right to extend the date (the “Deadline Date”) by which it must consummate an initial business combination...

HIGHLIGHTSThe completion of the ownership consolidation process of the Maricunga lithium brine project is expected within December The Scheme meeting and second court hearing for the Salar Blanco (SBD) Transaction (33.31% interest portion) has taken place The Salar Blanco Transaction is expected to occur during the week of 19 December, satisfying the final condition to allow the Bearing Transaction (17.14% interest portion)SYDNEY, Australia, Dec. 16, 2022 (GLOBE NEWSWIRE) — Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) provides an update on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile (“Maricunga” or the “Project”). As announced on 22 June 2022, the company entered into definitive binding agreements to consolidate ownership of Maricunga via two all...

NEWMARKET, Ontario, Dec. 16, 2022 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS)(OTCQX:ABSSF) (the “Company” or “AirBoss”) announced today that it has become aware that a statement of claim was issued (under the Class Proceedings Act, 1992) in the Ontario Superior Court of Justice against AirBoss and several named officers. The proceedings have been commenced by Jonathan A. Callowhill and Shane Chambers, who seek an order for leave to proceed under the Securities Act (Ontario), certifying the proceeding as a class proceeding and appointing them as representative plaintiffs. Mr. Callowhill owns 2,400 shares of AirBoss and Mr. Chambers owns 6,000 shares of AirBoss. They seek, among other relief, a declaration that the Company made misrepresentations contrary to the Securities Act (Ontario) during a period extending from November...

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ CALGARY, Alberta, Dec. 16, 2022 (GLOBE NEWSWIRE) — Carbeeza Inc. (formerly HIT Technologies Inc.) (“Carbeeza” or the “Company“) (TSX.V:AUTO) is pleased to announce that the Company intends to complete a non-brokered private placement (the “Private Placement“) of 15,000,000 to 25,000,000 units of the Company (“Units”) at a price of $0.20 per Unit for gross proceeds of between $3,000,000 and $5,000,000. The net proceeds of the Private Placement will be used by the Company to scale up the marketing campaign, to expedite the Company’s move into the United States market and for general corporate purposes. The...

Miami, Florida, Dec. 16, 2022 (GLOBE NEWSWIRE) — Mogul Energy International, Inc. (OTC: MGUY) today announced its acquisition of the “FLORA” group of companies (Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc.). FLORA provides refrigerated trucking and logistics services to companies in floral, plant, food, and other industries that require specialization in time-sensitive, temperature control segments of the supply chain. Upon the acquisition of Flora, Ronen Koubi, CEO and president of the Flora companies, became the CEO, president, and a director of MGUY. Dr. Steven Siegel, formerly CEO, President and director of MGUY has resigned. Florida Beauty Flora was established in the mid-1980s and now along with the other Flora companies consist of floral transportation,...

Chair of the Board of Directors, Sean P. Nolan, appointed Chief Executive Officer Board Director, Sukumar Nagendran, M.D., appointed President and Head of R&D DALLAS, Dec. 16, 2022 (GLOBE NEWSWIRE) — Taysha Gene Therapies, Inc. (Nasdaq: TSHA), a patient-centric, pivotal-stage gene therapy company focused on developing and commercializing AAV-based gene therapies for the treatment of monogenic diseases of the central nervous system (CNS) in both rare and large patient populations, today announced executive leadership changes effective immediately. Taysha’s Chair of the Board of Directors, Sean P. Nolan, a highly experienced biopharmaceutical industry senior leader, has been appointed Chief Executive Officer, succeeding RA Session II, who has resigned from his operating role, but will continue to serve on the Company’s Board...

     LOS ANGELES, Dec. 16, 2022 (GLOBE NEWSWIRE) — During fiscal 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $54,009,000 as compared with $49,925,000 in the prior year. This increase of $4,084,000 was primarily from increases in Journal Technologies’ consulting fees of $5,546,000 and the Traditional Business’ advertising revenues of $420,000 and advertising service fees and other of $253,000, partially offset by decreases in (i) Journal Technologies’ license and maintenance fees of $1,852,000 and other public service fees of $101,000, and (ii) the Traditional Business’ circulation revenues of $182,000.      The Traditional Business’ pretax income increased by $259,000 to $702,000 from $443,000 in the prior fiscal year, primarily resulting from a decrease to the long-term supplemental compensation...