Day: March 13, 2023
Palm Beach, FL, March 13, 2023 (GLOBE NEWSWIRE) — OpenLocker, Inc, a subsidiary of OpenLocker Holdings Inc., (“OpenLocker” or the “Company” OTCQB: OLKR) is pleased to announce a consistent increase in revenues from purchases of innovative collectibles featuring the Name, Image and Likeness (NIL) of student-athletes made on its user-friendly platform. The company recently released collections of digital and physical collectibles that offer membership in exclusive communities with access to VIP events, experiences and exclusive rewards for fans at the University of Florida, Florida Atlantic University and University of Wisconsin. The OpenLocker platform allows fans to directly engage with and support student-athletes through the purchase of autographed physical collectibles, which generate NIL earnings for the athletes and unlock...
Synchronoss Technologies Confirms Receipt of Non-Binding Proposal from B. Riley Financial
Written by Customer Service on . Posted in Public Companies.
BRIDGEWATER, N.J., March 13, 2023 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital products and platforms, today confirmed that on March 10, 2023 it received a non-binding proposal from B. Riley Financial, Inc. (“B. Riley”) to acquire all outstanding shares of the Company’s common stock for a price of $1.15 per share, payable in cash (the “B. Riley Proposal”).
B. Riley, together with its affiliates, owns approximately 13.9% of the Company’s outstanding common stock and is the largest holder of the Company’s common stock. B. Riley also nominated one of the Company’s directors pursuant to a pre-existing agreement with the Company.
During 2022, the Company engaged UBS Securities, LLC (“UBS”) as its financial advisor to...
KULR Opens New Research and Development Center in Texas
Written by Customer Service on . Posted in Public Companies.
To Accommodate an Increasing Number of Battery Development Engagements the Company has Opened a Second Facility
SAN DIEGO, March 13, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced the opening of a new research and development center in Webster, Texas, a suburb of Houston, to accommodate for increasing battery development engagements in the year 2023 and beyond.
“Our new R&D center will usher in the next phase of KULR’s expansion and growth,” said Dr. Will Walker, KULR Chief Technology Officer. “The building that integrates the R&D center will be outfitted with state-of-the-art prototyping equipment and...
Raven Announces Strategic Integration of Augmenta, Enhances Automated Technology Portfolio
Written by Customer Service on . Posted in Mergers And Acquisitions.
CNH Industrial acquires machine vision company, adding key components to Raven’s autonomous farming technology developmentRaven + Augmenta Joining Forces
Together, Raven and Augmenta advance development of environment-based perception for optimized variable rate applications, a significant component of Raven’s expanding automated technology portfolio.Augmenta Sense & Act Technology
Augmenta’s comprehensive variable rate application (VRA) solution uses a real-time sensor to process field conditions and automatically apply the optimal amount of product. Augmenta will operate within the Raven brand, and this innovative Sense & Act technology will be fully integrated into Raven’s broader portfolio over the next few years.Sioux Falls, S.D., March 13, 2023 (GLOBE NEWSWIRE) — Raven Industries today announced it...
ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook
Written by Customer Service on . Posted in Public Companies.
$300M Equity Financing Line with Westwood Capital Provides Additional LiquidityExtraordinary General Meeting of Shareholders to Approve Reverse Stock Split
LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line established with Westwood Capital. At the same time, the Company is also announcing the convening of an Extraordinary General Meeting of shareholders to vote on a number of resolutions, including a reverse stock split and capital reduction. Additional details of these announcements will be provided on the Company’s Business Update Webcast scheduled today, March 13, 2023 at 4:30 P.M. Eastern Time.
“I have come into the business as CEO at a critical time. Arrival has developed innovative technologies and know-how which position us strongly...
New Proposal to the Annual General Meeting of Shareholders of Efecte Plc regarding Election of the Auditor
Written by Customer Service on . Posted in Public Companies.
EFECTE PLC — COMPANY ANNOUNCEMENT – 13 March 2023 at 14:35
New Proposal to the Annual General Meeting of Shareholders of Efecte Plc regarding Election of the Auditor
The Board of Directors of Efecte Plc has decided to make a new proposal to the Annual General Meeting of Shareholders to be held on 22 March 2023 regarding item 14 (Election of the Auditor).
The Board proposes to the Annual General Meeting that, instead of the originally proposed KPMG Oy Ab, BDO Oy, a firm of authorised public accountants, be elected as the Company’s auditor for a term ending at the close of the next Annual General Meeting.
Ehdotuksen taustalla on alun perin ehdotetun tilintarkastusyhteisön tuleva liiketoimintasuhde yhtiön kanssa ja sen vaikutus tilintarkastusyhteisön riippumattomuuteen.
The proposal is made due to future business relationship of the...
Business Warrior Announces Strong Q1 2023 Financial Results, with Over 220% Growth in Revenue, and Sales Momentum in Promoting Innovative Solutions
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
PHOENIX, March 13, 2023 (GLOBE NEWSWIRE) — Business Warrior Corporation (OTC: BZWR), the cloud-based lending platform for success and long-term business growth, announces its financial results for the quarter ending November 30, 2022, showing significant growth and progress in its cloud-based lending platform. Revenue for the period surged to $1,455,742, a remarkable increase of over 220% from the previous year. This marks the first quarter of financial results since the successful acquisition of two companies last year and the integration of these entities fully completed.
The Company has reported a net loss of $971,944, which can be attributed mainly to an increase in the Cost of Sales incurred while serving clients within the new business model. The Company’s acquisition of new businesses resulted in an increase in the...
ButcherJoseph Advised Rapid Response, Inc. on Sale to Its Employees
Written by Customer Service on . Posted in Mergers And Acquisitions.
ST. LOUIS, March 13, 2023 (GLOBE NEWSWIRE) — Saint Louis, MO, February 2023 – ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to Rapid Response, Inc. (“Rapid Response” or the “Company”) on its sale to an Employee Stock Ownership Plan (ESOP). Starting in 1982 with one straight truck and one furniture delivery customer, Rapid Response has grown into one of the Midwest’s largest and most successful transportation companies, handling trucking needs nationwide for many large organizations including several Fortune 500 companies. The transaction closed on December 31, 2022.
Since its founding, Rapid Response has grown into a large asset-based transportation provider specializing in full truckloads, less than full truckloads (LTL), local deliveries, home deliveries, and home appliance and furniture services....
Chart Industries Receives All Regulatory Clearances to Close the Acquisition of Howden
Written by Customer Service on . Posted in Mergers And Acquisitions.
ATLANTA, March 13, 2023 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”) has received all regulatory approvals required to close the acquisition of Howden from affiliates of KPS Capital Partners, LP. Subject to the satisfaction of additional customary closing conditions, we expect to close such acquisition in the near term pursuant to the terms of the purchase agreement.
Howden is a leading global provider of mission critical air and gas handling products providing service and support to customers around the world in highly diversified end-markets and geographies. Howden manufactures highly engineered fans, compressors, rotary heat exchangers, steam turbines, and other air and gas handling products, services, and solutions. With over 160 years of experience as a world-class application engineering and manufacturing...
Xalles Acquires InnovationsHR to Establish a Foothold in the US Healthcare Financial Ecosystem
Written by Customer Service on . Posted in Mergers And Acquisitions.
IHR is Expected to Generate Approximately $20 Million in Revenue in 2023
WASHINGTON, D.C., March 13, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced that it has executed an acquisition agreement with Texas-based InnovationsHR, Inc. (“IHR”) to become a wholly owned subsidiary under Xalles Financial Services Inc.
InnovationsHR is poised to disrupt the Professional Employer Organization (PEO) market. It will soon be the first and only licensed PEO in Texas that can self-insure. In addition, InnovationsHR has partnered with Ovation Health plan, a recognized leader in healthcare innovation. Ovation Health Plan was featured on Advancements TV, hosted by Ted Danson, as the future of healthcare.
InnovationsHR...