Month: January 2023

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933) OR IN OR INTO ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW ZetaDisplay publishes financial update for Q4 2022 and provides guidance for the fiscal year 2023 Stockholm, 13 January 2023 In connection with the ongoing debt refinancing process, ZetaDisplay sets out below an update on its financial performance for Q4 2022 and provides guidance for 2023. Key unaudited consolidated financial information for the three months ended 31 December 2022:Net sales increased by 36.8% y-o-y and amounted to SEK 167.4 (122.4) million, with SaaS revenues experiencing a y-o-y growth...

WISeKey Announces FY 2022 Preliminary Revenues of $25.6 Million, a 15% Increase from FY 2021, Despite the Divestiture of arago Semiconductor FY 2022 revenues increased to $23.2 million, or 38% as compared to FY 2021 WISeKey’s strong backlog of $36 million for IoT products stretches into 2024 Geneva, Switzerland, January 13, 2023 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules– WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or the “Company”), a leading Swiss cybersecurity, AI and IoT company announced today its preliminary unaudited revenues for the year ended December 31, 2022. Consolidated revenues for FY 2022 were $25.6 million, increasing by 15% as compared to $22.3 million reported for FY 2021. The increase was achieved despite the divestiture of arago and it was mainly due to higher revenues...

DENVER and VANCOUVER, British Columbia and TORONTO, Jan. 13, 2023 (GLOBE NEWSWIRE) — SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) announces that it is offering up to 5,000,000 units of the Company (the “Offer Units”) at a price of C$0.10 per Offer Unit for gross proceeds of no less than C$350,000 and up to C$500,000. Each Offer Unit consisting of one (1) common share and of one common share purchase warrant, each whole common share purchase warrant being exercisable to purchase an additional common share for a period of two years from closing at a price of C$0.12 (the “Offering”). The Company intends to use the aggregate net proceeds of the Offering for the acquisition of environmental control hardware and the implementation services related to realizing...

HOUSTON, Jan. 12, 2023 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) announced today that it has priced its upsized initial public offering of 8,952,383 shares of its common stock, with 4,750,000 shares being offered by Skyward Specialty and 4,202,383 shares being sold by selling stockholders, at a public offering price of $15.00 per share. The underwriters have a 30-day option to purchase up to an additional 1,342,857 common shares from the selling shareholders at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about January 18, 2023, subject to customary closing conditions. The shares are expected to begin trading on January 13, 2023 on the Nasdaq Global Select Market under the ticker symbol “SKWD.” Skyward...

VANCOUVER, BRITISH COLUMBIA, CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, Jan. 12, 2023 (GLOBE NEWSWIRE) —Signed LOI to acquire an Israeli licensed cannabis “Trading House”, to serve as a hub for imports to Israel Signed second LOI to acquire two pharmacies licensed to dispense medical cannabisAtlas Global Brands Inc. (“Atlas Global”) (CSE: ATL), (formerly Silver Phoenix Resources Inc. “Silver Phoenix” CSE: SP), a global cannabis company with expertise across the cannabis value chain, today announced that, through its Israeli subsidiary, signed a binding letter of intent (the “LOI”) at an arm’s length with no finder’s fee, on January 11, 2023, to acquire 51% of the outstanding securities of the following entities (the “Proposed Transaction”):An Israeli licensed cannabis “Trading House”, strategically located in Tel Aviv. If...

MCLEAN, VA, Jan. 12, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Global Star Acquisition, Inc. (Nasdaq: GLSTU) (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, today announced that the Company appointed Argon Lam Chun Win and Jukka Rannila, the current directors of the Company, as members of the Compensation Committee of the Board (the “Compensation Committee”), and appointed Argon Lam Chun Win as a member of the Audit Committee of the Board (the “Audit Committee”). Argon Lam Chun Win Mr. Lam currently serves as an independent director of the Company since November 15, 2022. Jukka Rannila Mr. Rannila currently serves as an independent director and a member of...

Project Map Project MapST. JOHN’S, Newfoundland and Labrador, Jan. 12, 2023 (GLOBE NEWSWIRE) — Atlas Salt (the “Company” or “Atlas” – TSXV: SALT; OTCQB: REMRF), 100% owner of North America’s premier undeveloped high-grade salt project, announces a non-brokered private placement for up to five million units at a price of $2.00 per unit for aggregate gross proceeds of up to $10,000,000 (the “Offering”) targeting strategic institutional investors. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one common share at a price of $2.40 per share at any time two years from the closing of the Offering. The Offering is scheduled to close on or about January 16, 2023 (the “Closing Date”), or such later date as...

Preliminary results will be presented at the 20th Annual World Congress of the Society for Brain Mapping and Therapeutics LA JOLLA, Calif., Jan. 12, 2023 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that the Phase 2 clinical trial evaluating MN-166 (ibudilast) in recurrent and newly diagnosed glioblastoma conducted at Dana-Farber Cancer Institute has completed enrollment. This Phase 1/2 clinical trial was divided into a dose-escalation phase (Part 1) followed by a fixed-dose phase (Part 2). Part 1 evaluated the safety and tolerability of an escalating dose of MN-166 (ibudilast) when given in combination with temozolomide (TMZ) and determined a safe and tolerable dose of MN-166...

MINNEAPOLIS, Jan. 12, 2023 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, February 2, 2023 at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results for the fiscal first quarter ended December 31, 2022. Financial results will be issued in a press release and the company’s FieldReport prior to the call, which will be available in the Investor Relations section of the company’s website. Comprised of presentation slides that will be used throughout the call, the FieldReport will provide additional insight into the company’s financial and operational performance. Clearfield’s President and CEO Cheri Beranek and CFO Dan Herzog will host the presentation, followed by a question-and-answer period. Date:...