Day: January 17, 2023

SAN JOSE, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that the Louisiana Board of Regents, acting on behalf of the statewide Louisiana Optical Network Infrastructure (LONI) and the Board of Supervisors of Louisiana State University and Agricultural and Mechanical College, has selected and deployed Infinera’s advanced coherent optical networking solutions to upgrade LONI. Also announced today is the initial deployment of four 400G optical channels along a 220-mile intrastate route in Louisiana. LONI connects 38 university campuses and data centers and provides connectivity to additional research and education networks in other states. The solution, which increases LONI’s network capacity by a factor of 10, comprises Infinera’s XTM Series open line system and GX Series transponders. The upgraded...

MIAMI, Jan. 17, 2023 (GLOBE NEWSWIRE) — DatChat, Inc. (“DatChat” or the “Company”) (Nasdaq: DATS), a secure messaging, metaverse, and social media company, announced today that they had released their live encrypted video chat application with screenshot and screen capture protection as part of the DatChat Messenger. The new feature allows DatChat users to connect via an encrypted live video chat that also is designed to prevent screenshots or screen grabs. As of today, the video chat application is available as part of The DatChat Social Network+ app, available as a free download for iOS and Android. Darin Myman, CEO of DatChat, said, “Encrypted live streaming video chat with screenshot protection is an important new feature for the DatChat Messenger and helps us significantly differentiate ourselves...

Plano, Texas, Jan. 17, 2023 (GLOBE NEWSWIRE) — Broad Capital Acquisition Corp (NASDAQ: BRAC, BRACR, BRACU) (“BRAC”), a special purpose acquisition company formed by Broad Capital LLC, announced today that its stockholders approved amendments to its charter and trust agreement to change the structure and cost of how BRAC can obtain extensions to the deadline to complete its initial business combination and that BRAC obtained the first of up to nine 1-month extensions of the deadline—from January 13, 2023 to February 13, 2023—by depositing $370,725.50 into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”). BRAC’s stockholders, at a virtual general meeting of stockholders held January 10, 2023, approved amendments to BRAC’s Amended and Restated Certificate of Incorporation (the...

FREMONT, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that installers of Enphase® products in the Netherlands have seen an increase in deployments of residential solar energy systems powered by IQ8™ Microinverters, following the product’s expansion to international markets in November 2022. IQ8 Microinverters are the smartest, most powerful Enphase microinverters yet, with a 97.2 percent efficiency score based on European Union efficiency standards. IQ8 Microinverters are designed to match the latest generation of high output solar modules, delivering superior reliability, safety, and quality for residential solar systems. The IQ8 family of products offered...

MONTRÉAL, Jan. 17, 2023 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2029 (the “New Notes”). Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the redemption (the “2024 Notes Redemption”) of all of its outstanding 7.500% Senior Notes due 2024 (the “2024 Notes”), of which there is $396 million aggregate principal amount outstanding on the date hereof, (ii) to finance the offer to purchase (the “2025 Tender Offer”) up to $104 million aggregate principal amount of its outstanding 7.50% Senior Notes due 2025 (the “2025 Notes”), of which there is $1,139 million aggregate principal amount outstanding on the date hereof, and (iii) for the payment of related...

MONTRÉAL, Jan. 17, 2023 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has issued a conditional notice of redemption for all of its outstanding 7.500% Senior Notes due 2024 (the “Notes”). As set forth in the conditional notice of redemption issued today in respect of the Notes, the redemption date is February 16, 2023 (the “Redemption Date”), and the redemption price is 101.875% of the principal amount redeemed, plus accrued and unpaid interest. The redemption of the Notes is subject to and conditioned upon Bombardier completing a new offering of debt securities in the aggregate principal amount of not less than US$500 million before the Redemption Date; however, Bombardier may delay or waive this condition in its sole and absolute discretion.  On January 17, 2023, a copy of the conditional notice of...

MONTRÉAL, Jan. 17, 2023 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) today unveiled preliminary 2022 financial results, highlighting areas for which it expects to exceed full-year guidance. The company will release its fourth quarter and full-year 2022 results as scheduled on February 9, 2023, and will also hold a live webcast and conference call for investors at 8:00 a.m. EST that same day. The webcast and relevant financial charts will be available at ir.bombardier.com. Preliminary full-year 2022 results(1)Continuing operations only Expected Results for 12-month period ended December 31, 2022 Updated 2022 Full-Year Guidance(2)Aircraft deliveries (in units) 123 >120Revenues ~ $6.9 billion > $6.5 billionAdjusted EBITDA(3) ~ $930 million > $825 millionAdjusted EBIT(3) ~ $510 million > $375 millionEBIT ~ $535 million n/aFree...