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Day: March 17, 2023

Reduction of share capital due to losses by reduction of nominal value: number of shares unchanged

Reduction of share capital due to losses by reduction of nominal value: number of shares unchanged Paris, France, March 17, 2023 – 07:00 CET – The Board of Directors of the Company decided at its meeting of March 16, 2023, to implement the authorization granted to it by the General Meeting of March 8, 2023 pursuant to its First Resolution and decided to reduce the share capital by an amount of 3,257,856.68 euros, motivated by losses1, by reducing the nominal value of each share from 0.06 euro to 0.02 euro. This purely technical operation has neither impact on the stock market value of the shares of the Company nor on the number of shares of the Company in circulation. After this operation, the share capital amounting to 1,628,928.34 euros remains composed of 81,446,417 shares having a nominal value of 0.02 euro. About Pixium Vision Pixium...

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On World Sleep Day Idorsia highlights the publication of a global study on the economic and societal impact of chronic insomnia disorder

Chronic insomnia disorder (CID) is a persistent medical condition that prevents sufferers from getting restorative sleep1-3; research on wider societal and indirect economic costs associated with CID have been limited to date1 New report indicates annual lost productivity costs of $417 billion in GDP across working age populations in the countries of focus* and annual “hidden” intangible wellbeing losses of $239.5 billion1 Reducing the impact of CID could result in a boost to the GDP of national economies ranging from 0.64% to 1.31% across the countries of focus*1 Idorsia partners with the World Sleep Society on educational and disease awareness activities focused on the theme: Sleep is Essential for Health        Allschwil, Switzerland – March 17, 2023On World Sleep Day, Idorsia Ltd (SIX: IDIA) highlights the publication of a first-of-its-kind...

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Nubia Brand International Corp. Confirms Funding and Extension of Deadline to Complete Initial Business Combination

Dallas, Texas, March 17, 2023 (GLOBE NEWSWIRE) — Nubia Brand International Corp. (Nasdaq: NUBI) (the “Company” or “Nubia”) announced today that its sponsor, Mach FM Acquisitions LLC (the “Sponsor”), has timely deposited an additional $1,235,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from March 15, 2023 to June 15, 2023 (the “Extension”). The Extension provides the Company with additional time to complete its previously announced business combination with Honeycomb Battery Co.  The Sponsor loaned the Extension Payment to the Company, which loan is convertible, at the Sponsor’s discretion, into warrants...

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Battery Materials Market worth $120.4 billion by 2027 Globally, at a CAGR of 15.8%, says MarketsandMarkets™

Chicago, March 16, 2023 (GLOBE NEWSWIRE) — The global Battery Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Cathode, Anode, Electrolyte), Application (Automotive, EV, Portable devices, industrial), and Region (Aisa Pacific, North America, Europe, RoW) – Global Forecast to 2027, as per the recent study by MarketsandMarkets™. size is estimated to be USD 57.8 billion in 2022 and is projected to grow at a CAGR of 15.8% during the forecast period to reach USD 120.4 billion by 2027. improving battery technology, coupled with supporting regulatory norms, are the driving the demand for battery materials. Moreover the increasing demand for sustainable vehicles and energy storage system across the globe play a key role in the driving the growth of battery materials market.   Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=866...

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Automotive Airbag Market is Projected to Surpass USD 23.4 Billion by 2028 at a CAGR of 6.4% from 2022 to 2028; Increasing Regulatory Stringency Concerning Vehicle Safety to Foster Market Growth

SkyQuest’s report on the automotive airbag market is an invaluable resource for anyone looking to understand this ever-evolving industry better. What sets this report apart is its comprehensive analysis of both primary and secondary market drivers, giving readers a deep understanding of the current market landscape and future projections. With this information, individuals can make informed decisions and stay ahead of the curve in a constantly evolving industry. In addition, the report’s user-friendly format and insightful analysis make it an ideal resource for anyone looking to stay up-to-date on the latest trends and developments in the market. Westford, USA,, March 16, 2023 (GLOBE NEWSWIRE) — The European automotive airbag market is expected to experience remarkable growth in the coming years, despite tight competition...

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AERWINS and Vault Investments Conducted a Flight Demonstration of XTURISMO in Abu Dhabi, UAE

TOKYO, March 16, 2023 (GLOBE NEWSWIRE) — AERWINS Technologies Inc. (NASDAQ: AWIN) (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has announced today that it has conducted a flight performance for the government and government entities of the United Arab Emirates (“UAE”). This flight demonstration was conducted together with AERWINS’ Strategic Partner Vault Investments L.L.C. and Bayanat, an AI powered geospatial solutions provider in Abu Dhabi. From March 8 to 12, 2023, the flight demonstration and flight training for government agencies were conducted in a publicly closed environment. Another flight demonstration as an unveiling event was held for VIPs on March 13, 2023, in the...

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Swiss Water Reports Strong Q4 and 2022 Results Annual Volumes, Revenue, Net Income, and Adjusted EBITDA All Up Over 2021

VANCOUVER, British Columbia, March 16, 2023 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported strong financial results for the fourth quarter and year ended December 31, 2022. Three months and year ended December 31, 2022 Financial and Operational HighlightsFourth quarter revenue was $44.0 million, an increase of 25% or $8.9 million when compared to the same period in 2021. Full-year revenue also grew strongly reaching $176.9 million, an increase of 41% or $51.9 million. Annual volumes increased by 15% compared to 2021, driven by a combination of new customer acquisition and organic growth with existing customers. North American business continued its strong growth trajectory with fourth...

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OOOOO Provides Update on Status of Management Cease Trade Order

VANCOUVER, British Columbia, March 16, 2023 (GLOBE NEWSWIRE) — OOOOO Entertainment Commerce Limited. (TSXV: OOOO) (“OOOOO” or the “Company“) is providing this update on the status of a management cease trade order granted on March 1, 2023 (the “MCTO“) by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). On March 1 2023, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year ended October 31, 2022 (the “Annual Filings“) beyond the period prescribed under applicable Canadian securities laws (the “Default Announcement“). The Company reports...

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CORRECTION — The Oncology Institute Reports Updated Fourth Quarter and Full Year 2022 Financial Results and Guidance for 2023

CERRITOS, Calif., March 16, 2023 (GLOBE NEWSWIRE) — The Company recorded adjustments to its “goodwill impairment charges” and “income tax benefit” line items on the “Consolidated Statements of Operations” for the fourth quarter and year ended December 31, 2022 resulting from the simultaneous equation from tax deductible goodwill, resulting in a $1.5 million increase to the Company’s net loss for the fourth quarter ended December 31, 2022 and a $1.5 million decrease to the Company’s net income for the year ended December 31, 2022. The Company also adjusted the balances of “other receivables,” “goodwill,” “income taxes payable” “accrued expenses and other current liabilities”, “deferred income taxes liability”, and “accumulated deficit” on the “Consolidated Balance Sheets” as of December 31, 2022 as well as...

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