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Day: March 30, 2023

Amerant Investments Appoints Baylor Lancaster-Samuel as Chief Investment Officer

Finance veteran to enhance Amerant Bank’s investment research effortsBaylor Lancaster-Samuel Amerant Investments, Inc., a subsidiary of Amerant Bank, today announced Baylor Lancaster-Samuel has been appointed to Chief Investment Officer.MIAMI, March 30, 2023 (GLOBE NEWSWIRE) — Amerant Investments, Inc., a subsidiary of Amerant Bank, today announced Baylor Lancaster-Samuel, an investment professional with over 20 years of experience, has been appointed to Chief Investment Officer. Lancaster-Samuel will manage the Amerant Investments research team and help craft and deliver investment research views to internal colleagues and clients. Lancaster-Samuel joined Amerant in 2021 as a Fixed Income Portfolio Manager and was later promoted to Senior Fixed Income Strategist. Prior to joining Amerant, she worked in credit research...

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FOMO WORLDWIDE REPORTS 137% PRO FORMA REVENUE GROWTH TO $8.8 MILLION IN 2022; UPDATES INVESTORS ON STRATEGY AND PLANNED ACQUISITIONS

Pittsburgh, PA, March 30, 2023 (GLOBE NEWSWIRE) — FOMO WORLDWIDE, INC. (US OTC: FOMC) today announces that the Company generated roughly $8.8 million pro forma revenues in 2022 (consolidated and unaudited), up from $4.3 million in 2021 and $3.2 million in 2020, representing annual pro forma growth of 137% and a high double digit % compound annual growth rate (CAGR). On a reported basis, 2022 revenues grew over 1,000% from the prior year. Gains were primarily driven by strong K12 demand. Orders that had been largely unfulfilled due to pandemic closures and supply chain constraints led to record backlog at FOMO’s primary subsidiary SMARTSolution Technologies L.P. (“SST”) acquired in 2022. In the period, SST’s equipment sales were roughly $8.3 million (93%), service and installation revenues were roughly $529,000 (6.9%), and shipping...

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CNL Strategic Capital Announces Year-End Operating Results for 2022

Orlando, Fla., March 30, 2023 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the year ended Dec. 31, 2022. Highlights:As of Dec. 31, 2022, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 11 portfolio companies and had approximately $732.5 million in total assets, compared with approximately $514.8 million as of Dec. 31, 2021. For the year ended Dec. 31, 2022, the Company recognized a net change in unrealized appreciation on investments of approximately $41.3 million and had total investment income of approximately...

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CORRECTION – OpGen Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Business Update

ROCKVILLE, Md., March 30, 2023 (GLOBE NEWSWIRE) — In a release published March 29, 2023 under the same headline by OpGen, Inc. (Nasdaq: OPGN), the financial tables were incorrect. The corrected release follows:Total revenue for 2022 was approximately $2.6 million Balance sheet strengthened by recently closed public offering with gross proceeds of $7.5 million Conference call to be held March 29, 2023 at 4:30 p.m. ETOpGen, Inc. (Nasdaq: OPGN, “OpGen” or “the Company”), a precision medicine company harnessing the power of molecular diagnostics and bioinformatics to help combat infectious disease, reported today its fourth quarter 2022 and full-year 2022 financial and operating results and provided a business update. OpGen’s revenue for the fourth quarter of 2022 was approximately $722 thousand. Its total revenue for 2022 was...

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BW Offshore: Notification of trade

Notification of trade With reference to stock exchange release dated 8 April 2019. In relation to BW Offshore’s (the “Company”) Long-Term Incentive Programme (LTIP) adopted in 2019, the Company’s exposure relating to the 2019 award was hedged by a Total Return Swap (“TRS”) agreement with financial exposure to 1 732 000 shares in BW Offshore. The Company has today settled the TRS agreement underlying 1 732 000 shares in BW Offshore expiring 30 March 2023. The Company has subsequently entered into a new TRS agreement with exposure to the same number of underlying shares in BW Offshore with expiry date 5 April 2024 and a TRS price of NOK 31.42 per underlying share. In February 2020 the Company executed an initial public offering of the subsidiary BW Energy Limited. As part of the listing, BW Energy shares were distributed...

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UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

FREEHOLD, NJ, March 30, 2023 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its First Quarter 2023 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Wednesday, May 10, 2023, at 10:00 a.m. Eastern Time. UMH’s First Quarter 2023 results will be released on Tuesday, May 9, 2023, after the close of trading on the New York Stock Exchange and will be available on the Company’s website at www.umh.reit, in the Financials section. To participate in the webcast, select the webcast icon on the homepage of the Company’s website at www.umh.reit, in the Upcoming Events section. Interested parties can also participate via conference...

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HOPSCOTCH GROUPE : 2022 Annual results

Press ReleaseParis, March 30, 2023Annuel Turnover section HOPSCOTCH GROUPERecord year in 2022Current Operating Income: 34% growth Net Income Group Share: 5.8 million euroDividends are back HOPSCOTCH Groupe (Euronext FR0000065278), a communications consulting group and a major player in Digital, Public Relations, Influence and Events, today presented its turnover and gross margin, consolidated at 31 December 2022.M€ 2022 2021Turnover 246.809 153.679Gross Margin (1) 86.148 66.993Current Operating Income +9.042 +6.753Operating Income +9.359 +8.783Net Income Group Share +5.578 +3.995Self-financing capacity (2) +10.224 +4.391(1)   Gross Margin is determined by revenue minus operational external purchases.(2)   Assimilated to EBITDA / after neutralization of the IFRS 16 effect Strong rebound of operationsAs previously...

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Umicore steps up solid-state battery technology development with investment in Blue Current

Umicore steps up solid-state battery technology development with investment in Blue Current Umicore and Blue Current, a leading manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the U.S.-based start-up. This investment complements the joint development agreement (JDA) whereby both parties were able to integrate Umicore’s battery materials in Blue Current’s solid-state battery technology. By providing capital – in addition to supplying state-of-the-art battery materials under the JDA – Umicore intends to work with Blue Current to drive market adoption of the company’s unique silicon elastic composite battery towards mid-decade. Blue Current, is a chemistry-led technology...

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Believe acquires music publishing platform Sentric as first step of a global and comprehensive publishing offer

Believe acquires music publishing platform Sentric as first step of a global and comprehensive publishing offer Paris, March 30, 2023 – Believe, one of the world’s leading digital music companies, announces today the acquisition of Sentric, an independent tech-powered music publishing platform, as its first break into building a digital-first innovative music publishing business.    Believe’s external growth strategy is focused on capturing investment and acquisition opportunities where the Group can leverage its global presence, digital expertise and technology to offer unique and innovative solutions to artists and music rights-holders on a large scale.  The acceleration of the digitalization of the publishing market presents Believe with an attractive opportunity to build a service for songwriters and publishers, in a way that...

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