Day: March 20, 2023

Crown Crafts Acquires Manhattan Toy, a Leading Creator of Developmental Toys for Early Childhood

Written by Customer Service on March 20, 2023. Posted in Mergers And Acquisitions.

Acquisition expands and complements Crown Crafts’ toy offerings, customer base and international business GONZALES, La., March 20, 2023 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it has acquired Manhattan Group, LLC, doing business as Manhattan Toy, and its wholly owned subsidiary Manhattan Toy Europe. The acquisition expands Crown Crafts’ presence in the growing category of developmental toys for infants and toddlers. Manhattan Toy’s product offerings of plush, dolls and wooden toys will complement Crown Crafts’ existing line of Sassy toys. “The developmental toy category represents a tremendous growth opportunity as parents of young children turn away from electronics and toward more physical toys that bring joy, imagination and creativity to play,” said Olivia W. Elliott, President...

AppTech Payments Corp. Reports Fourth Quarter and Fiscal Year 2022 Results

Written by Customer Service on March 20, 2023. Posted in Earnings Releases And Operating Results.

CARLSBAD, Calif., March 20, 2023 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced results for its fourth quarter and fiscal year ended December 31, 2022. The financial statements and 10-K are available on sec.gov. Fourth Quarter and Fiscal Year 2022 Financial Highlights4Q22 revenues were $108,000, an increase of 14% from 4Q21, driven by larger processing volumes. Fiscal year 2022 revenues were $450,000, an increase of 27% from fiscal year 2021, driven primarily by higher transaction volume and the onboarding of additional merchant accounts. Cash balance was $3.5 million as of December 31, 2022.Recent Business HighlightsLaunched Commerse, the first-to-market, cloud-based Commerce Experiences-as-a-Service...

Aluf Holdings, Inc. Gives Update on BizzShieldPro Acquisition

Written by Customer Service on March 20, 2023. Posted in Mergers And Acquisitions.

FT. LAUDERDALE, Fla., March 20, 2023 (GLOBE NEWSWIRE) — Aluf Holdings, Inc. (“AHIX”) (“Aluf”) (OTC PINK: AHIX) is excited to announce that it is in the final stages of acquiring BizzShieldPro, a premier provider of discount medical programs and lifestyle services. This acquisition aligns with Aluf Holdings’ ongoing strategy of acquiring innovative businesses in the technology, finance, and business sectors. “We are thrilled to be close to finalizing the acquisition of BizzShieldPro,” said Sam Jakobs, CEO of Aluf Holdings. “Their innovative solutions for affordable healthcare services are in line with our mission acquire companies that have a positive impact on people’s lives. We believe that this acquisition will allow us to expand our reach in the healthcare industry and offer...

With 5.5% CAGR, Beverage Packaging Market Size to Reach USD 220 billion by 2029

Written by Customer Service on March 20, 2023. Posted in Mergers And Acquisitions.

According to Exactitude Consultancy the Global Beverage Packaging Market value is expected to reach USD 220 billion by 2029, growing at a 5.5% CAGR of Between Forecast Period 2023 and 2029. Increasing Use of Bioplastics is a New Growth Trend; Soaring demand for effective packaging solutions to drive the market demand Luton, Bedfordshire, United Kingdom, March 20, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Beverage Packaging Market. The global beverage packaging market size is expected to grow at 5.5% CAGR from 2022 to 2028. It is expected to reach above USD 220 billion by 2028 from USD 136 billion in 2022. The global beverage packaging market is a large...

Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on March 20, 2023. Posted in Earnings Releases And Operating Results.

— Fourth Quarter Revenues of RMB 612.3 million, down 37.9% year over year — Fourth Quarter Net Loss of RMB 37.1 million, compared to net income of RMB 47.6 million in the same period of last year — Full Year Revenues of RMB 3,168.6 million, down 14.5% year over year — Full Year Net loss of RMB 49.5 million, compared to net income of RMB 225.8 million in 2021 BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial HighlightsRevenues were RMB 612.3 million, a decrease of 37.9% year over year Gross margin was 22.5%, compared with 22.6% in the fourth quarter of...

The Result of the Change Negotiations at Valoe: The Company Adjusts Its Operations with Temporary Layoffs

Written by Customer Service on March 20, 2023. Posted in Public Companies.

Valoe Corporation Inside information 20 March 2023 at 09.55 (Finnish time) At the beginning of March 2023, Valoe Corporation commenced change negotiations to adjust its operations after the company’s customer, Sono Motors GmbH (“Sono Motors”) announced it cancelled the Sion project. The change negotiations have been completed. In accordance with the outcome of the negotiations, Valoe will lay off its staff full-time and part-time for a maximum of 90 days. The layoffs will be implemented gradually to maintain the company’s production and operational capacity. Also, the management will be laid off. The measures will start immediately and generate savings of around EUR 0.3 million in the second quarter. There will be no redundancies. Valoe estimates...

4/2023・Notice of Annual General Meeting of Trifork Holding AG

Written by Customer Service on March 20, 2023. Posted in Public Companies.

Company announcement no. 4 / 2023 20 March 2023The Annual General Meeting 2023 of Trifork Holding AG (the “AGM”) will take place on 12 April 2023, at 10:00 CET at Grabenstrasse 2, 6340 Baar, Switzerland. The AGM will be streamed live on the internet. Shareholders who wish to participate in the livestream shall register on the e-voting platform of Computershare no later than 9 April 2023 at 11.59 p.m. CET. All relevant documentation for the AGM is available on Trifork’s investor website, including:Invitation to the AGM (including agenda and motions of the Board of Directors); Annual report 2022 (including auditor’s reports); Presentation of new Board member standing for election; Proposed updates to the Articles of Association.Shareholders registered in the share register on the publication date of this notice convening the...

Wereldhave further aligns organizational structure with LifeCentral strategy

Written by Customer Service on March 20, 2023. Posted in Public Companies.

Wereldhave optimizes the organizational structure in order to more effectively achieve the objectives of the LifeCentral strategy, while delivering on cost cutting commitments. “In the new organizational structure, effective from 1 April 2023, we are integrating the management for Wereldhave Holding and Wereldhave Netherlands, creating a new Executive Team and Management Team. As a result, the separate Management Team for the Dutch market will be dissolved and related costs will be aligned with the size of our portfolio. Despite the high inflationary environment, Wereldhave targets a 5-10% reduction of general expenses in 2023,” said CEO Matthijs Storm. Executive Team and new appointments The new Wereldhave Executive Team will consist of Matthijs Storm (Chief Executive Officer) and Dennis de Vreede (Chief Financial Officer), and new appointments...

New four year data for Roche’s Evrysdi reinforce long-term efficacy and safety profile in some of the most severely affected people with types 2 and 3 spinal muscular atrophy (SMA)

Written by Customer Service on March 20, 2023. Posted in Public Companies.

Data from pivotal SUNFISH study showed increases in motor function observed during the first year were maintained through the fourth year, while the overall rate of adverse events continued to decrease Data confirm long-term efficacy and safety profile of Evrysdi in a broad range of people with Type 2 and non‑ambulant Type 3 SMA More than 8,500 people—from newborns to the over 60s—have been treated with Evrysdi, which is now approved in more than 90 countries worldwideBasel, 20th March 2023 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced new long-term data for Evrysdi® (risdiplam) in a broad range of people aged 2-25 years with spinal muscular atrophy (SMA) from the pivotal SUNFISH study1. Data confirm increases in motor function were sustained at four years and the overall rate of adverse events continued to decrease over...

Standard Lithium Commences Drilling Program at South West Arkansas Lithium Project to Support Upcoming Preliminary Feasibility Study

Written by Customer Service on March 20, 2023. Posted in Public Companies.

Figure 1: Drill rig at the Beulah-Taylor #1 well re-entry site in Lafayette County, Arkansas. This reused a pre-existing drill pad (note existing powerline running through the wellpad area). The drill rig has since demobilized from this location after reaching a total measured depth of 8,940 ft,and has been replaced by a workover rig to complete perforations, final testwork and sampling.Figure 2: Close-up of the drill rig used to re-enter and deepen the pre-existing Beulah-Taylor #1 well.EL DORADO, Ark., March 20, 2023 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial lithium company, announced today the commencement of a drilling program at its South West Arkansas Lithium Project (the “Project”) to support the forthcoming...

Day: March 20, 2023

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