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Day: March 10, 2023

Results of the Offering of Bigbank AS AT1 Bonds

The Management Board of Bigbank AS approved the final allocation of the private placement of notes qualifying as Additional Tier 1 (AT1) own funds of the bank, according to which 77 notes with nominal value 100,000 EUR each are allocated to in total 32 investors. The total value of the issue is 7.7 million euros. Bigbank AS (www.bigbank.eu) is a bank based on Estonian capital focused on loans and deposits of private and corporate customers, which, in addition to activities in Estonia, has branches in Finland, Sweden, Latvia, Lithuania and Bulgaria, and which also offers its products as a cross-border service in Austria, Germany and the Netherlands. Bigbank AS balance sheet exceeds 1.5 billion euros. Argo KiltsmannMember of the Management BoardTelephone: +372 5393 0833E-mail: argo.kiltsmann@bigbank.eewww.bigbank.ee 

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Robotics as a Service Market Gains Momentum in Asia Pacific as Labor Costs Continue to Rise

Chicago, March 10, 2023 (GLOBE NEWSWIRE) — The Robotics as a Service Market by Type (Personal, Professional), Application (Handling, Processing, Dispensing, Welding & Soldering), Vertical (Logistics, Manufacturing, Automotive, Retail, Food & Beverage) and Region – Global Forecast to 2028“, Robotics as a service market size is valued at USD 1.8 billion in 2023 and is anticipated to USD 4.0 billion by 2028; growing at a CAGR of 17.4% from 2023 to 2028. Factors such growing growing adoption of Industry 4.0 and anticipated shortage of skilled labour in manufacturing industries are driving the growth of the market during the forecast period. Robotics as a Service Market in asia pacific to grow at highest CAGR during the forecast period The rising costs of labor in Asia Pacific have encouraged SME industries to...

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Electric Vehicle Battery Recycling Market is Expected to Surpass USD 10.45 Billion by 2030 at a CAGR of 32.46%; Rising Scarcity of Costly Critical Metals to Make EV Battery Recycling an Attractive and Cost-Effective Option

SkyQuest’s report on the electric vehicle battery recycling market is an excellent resource for individuals interested in gaining insight into this rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to casual readers. Finally, it gives readers an in-depth understanding of the primary and secondary market drivers, giving them a comprehensive outlook of the current market situation and future projections. Westford USA, March 10, 2023 (GLOBE NEWSWIRE) — The electric vehicle battery recycling market is expected to experience significant growth in North America and Asia Pacific regions. Several factors, including the increasing demand for electric vehicles, stringent government regulations, and concerns regarding the depletion of...

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Update: Regarding the supplementation of the agenda of the Annual General Meeting of Shareholders of AB “Ignitis grupė” and draft resolutions on the items set out on the agenda

By its decision of 28 February 2023, the Management Board of AB “Ignitis grupė” (hereinafter – the Group), company code: 301844044, registered office address: Laisvės Ave. 10, Vilnius, convened the Annual General Meeting (hereinafter – AGM) of Shareholders of the Group. Following the proposal and decision of the Group’s Management Board of 10 March 2023, the agenda of the AGM was supplemented with items 6, 7 and 8: regarding the election of the audit firm and conditions of payment for audit services, regarding the approval of the updated Remuneration Policy of AB “Ignitis grupė” group of companies and regarding the approval of the new wording of the Articles of Association and the power of attorney. The AGM will be held on Thursday, 30 March 2023, at 13.00 p.m. (Vilnius time) at Business Garden Vilnius verslo centras, Laisvės Ave. 10,...

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Update: Regarding the supplementation of the agenda of the Annual General Meeting of Shareholders of AB “Ignitis grupė” and draft resolutions on the items set out on the agenda

By its decision of 28 February 2023, the Management Board of AB “Ignitis grupė” (hereinafter – the Group), company code: 301844044, registered office address: Laisvės Ave. 10, Vilnius, convened the Annual General Meeting (hereinafter – AGM) of Shareholders of the Group. Following the proposal and decision of the Group’s Management Board of 10 March 2023, the agenda of the AGM was supplemented with items 6, 7 and 8: regarding the election of the audit firm and conditions of payment for audit services, regarding the approval of the updated Remuneration Policy of AB “Ignitis grupė” group of companies and regarding the approval of the new wording of the Articles of Association and the power of attorney. The AGM will be held on Thursday, 30 March 2023, at 13.00 p.m. (Vilnius time) at Business Garden Vilnius verslo centras, Laisvės Ave. 10,...

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CORRECTION — Hurco Reports First Quarter Results For Fiscal Year 2023 and Announces Quarterly Cash Dividend

INDIANAPOLIS, March 10, 2023 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Hurco Companies, Inc. (Nasdaq: HURC), please note that GlobeNewswire did not include all tables in the initial transmission. The corrected release follows: Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the first fiscal quarter ended January 31, 2023. Hurco recorded net income of $1,330,000, or $0.20 per diluted share, for the first quarter of fiscal year 2023, compared to net income of $3,535,000, or $0.53 per diluted share, for the corresponding period in fiscal year 2022. Sales and service fees for the first quarter of fiscal year 2023 were $54,682,000, a decrease of $12,205,000, or 18%, compared to the corresponding prior year period, and included an unfavorable currency impact of $3,189,000, or 5%,...

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Maha Energy AB (publ) appoints new CFO

Maha Energy AB (publ) (“Maha” or the “Company”) announces that Guilherme Guidolin de Campos has been appointed today as new CFO of the Company. Guilherme succeeds Bernardo Guterres, and will continue Maha’s strategic positioning on generating value, especially in its operational improvement at the Sultanate of Oman. Guilherme has most recently held the position of Finance Director at Maha Energy (Oman) Ltd., co-leading the Omani organization and assisting the company with the execution of Maha’s relevant projects in the country. Guilherme has broad experience in Investment Banking, Restructuring, Executive Leadership and Strategy Consulting. During his 23 years of tenure, he has assisted top management of large multinational groups in a diverse array of industries such as oil&gas, mining, metals, chemicals, fertilizers, agribusiness,...

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Reliance Global Group Regains Compliance with Nasdaq Continued Listing Requirements

LAKEWOOD, N.J., March 10, 2023 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced that the Company received notice from Nasdaq on March 9, 2023, indicating that Reliance had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2). Mr. Ezra Beyman, Chairman and CEO of Reliance commented, “We are pleased to have regained compliance with the continued listing requirements of Nasdaq. Maintaining our Nasdaq listing is of the utmost importance to the Company given the credibility and visibility that it provides, and we view it as essential in our ongoing activities to enhance shareholder value and position...

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NeoGames’ Pariplay to Provide New iGaming Content for DraftKings in New Jersey

LUXEMBOURG, March 10, 2023 (GLOBE NEWSWIRE) — NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that its subsidiary, Pariplay, the leading aggregator and content provider, will launch content with major US-facing operator DraftKings in New Jersey, as it continues to make its mark in the burgeoning North American markets. Tsachi Maimon, President of NeoGames, said: “DraftKings is a brand that needs no introduction, with its massive presence across North America and global stature. Launching our content with them in New Jersey is a huge statement of intent for us regarding our plans for North America, and we very much look forward to developing this relationship.” Wizard Games’, NeoGames’ in-house casino games studio, content will...

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Ecoark Holdings Plans to Change Its Name to BitNile Metaverse

Company to focus on building out its browser-based metaverse solution as its core business to capture market share in booming metaverse industry SAN ANTONIO, March 10, 2023 (GLOBE NEWSWIRE) — Ecoark Holdings, Inc. (NASDAQ: ZEST) (“Ecoark” or the “Company”) today announced its plan to rename the company to “BitNile Metaverse Inc.”, and change its stock ticker symbol to “BNMV”. The name and ticker symbol change are subject to regulatory approval and are expected to be completed within the next 10 trading days. The plan to change the Company’s name and stock ticker are a planned next step after the Company’s recent acquisition of BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT). (See press release here). Milton “Todd” Ault, III, Ault Alliance’s Executive Chairman, stated, “The recent challenges that other device-based...

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