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Month: March 2023

InterDigital to Present at the Sidoti Small-Cap Virtual Conference

WILMINGTON, Del., March 21, 2023 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company will be presenting at the Sidoti Small-Cap 2023 Virtual Conference on Wednesday, March 22nd, 2023, at 3:15 PM ET. The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event. About InterDigital®InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia...

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Feutune Light Acquisition Corporation Announces Intention to Extend the Deadline for an Initial Business Combination

Metuchen, New Jersey, March 21, 2023 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware business company, today announced that, in order to extend the date by which the Company must complete its initial business combination from March 21, 2023 to June 21, 2023, on March 21, 2023, Feutune Light Sponsor LLC, the sponsor of the Company, has deposited an aggregate of $977,500 (the “Extension Payment”), representing $0.10 per unit of the Company, into the trust account of the Company (the “Trust Account”). Pursuant to the Company’s governing documents, the Company may extend the period of time to consummate a business combination up to three times by an additional three-month period each time to complete a business combination by depositing the Extension...

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Feutune Light Acquisition Corporation Announces Intention to Extend the Deadline for an Initial Business Combination

Metuchen, New Jersey, March 21, 2023 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware business company, today announced that, in order to extend the date by which the Company must complete its initial business combination from March 21, 2023 to June 21, 2023, on March 21, 2023, Feutune Light Sponsor LLC, the sponsor of the Company, has deposited an aggregate of $977,500 (the “Extension Payment”), representing $0.10 per unit of the Company, into the trust account of the Company (the “Trust Account”). Pursuant to the Company’s governing documents, the Company may extend the period of time to consummate a business combination up to three times by an additional three-month period each time to complete a business combination by depositing the Extension...

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Feutune Light Acquisition Corporation Announces Intention to Extend the Deadline for an Initial Business Combination

Metuchen, New Jersey, March 21, 2023 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware business company, today announced that, in order to extend the date by which the Company must complete its initial business combination from March 21, 2023 to June 21, 2023, on March 21, 2023, Feutune Light Sponsor LLC, the sponsor of the Company, has deposited an aggregate of $977,500 (the “Extension Payment”), representing $0.10 per unit of the Company, into the trust account of the Company (the “Trust Account”). Pursuant to the Company’s governing documents, the Company may extend the period of time to consummate a business combination up to three times by an additional three-month period each time to complete a business combination by depositing the Extension...

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Shepherd’s Finance, LLC Reports 2022 Results

JACKSONVILLE, FL, March 21, 2023 (GLOBE NEWSWIRE) — Shepherd’s Finance, LLC (“Shepherd’s,” the “Company,” “we,” or “our”) announced its operating results for the year ended December 31, 2022. 2022 Overview During 2022, the Company continued to focus on the reduction of non-interest earning assets. As of December 31, 2022, loans classified as non-accrual were 14 or approximately $7.2 million compared to 23 or approximately $9.5 million as of December 31, 2021. In addition, as of December 31, 2022 and 2021 we had 3 foreclosed assets or approximately $1.6 million and 5 or approximately $2.7 million, respectively. The Company continues to lose interest income on assets that do not accrue interest. During the year ended December 31, 2022 the estimated loss on interest income related to impaired and foreclosed assets was approximately...

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Shepherd’s Finance, LLC Reports 2022 Results

JACKSONVILLE, FL, March 21, 2023 (GLOBE NEWSWIRE) — Shepherd’s Finance, LLC (“Shepherd’s,” the “Company,” “we,” or “our”) announced its operating results for the year ended December 31, 2022. 2022 Overview During 2022, the Company continued to focus on the reduction of non-interest earning assets. As of December 31, 2022, loans classified as non-accrual were 14 or approximately $7.2 million compared to 23 or approximately $9.5 million as of December 31, 2021. In addition, as of December 31, 2022 and 2021 we had 3 foreclosed assets or approximately $1.6 million and 5 or approximately $2.7 million, respectively. The Company continues to lose interest income on assets that do not accrue interest. During the year ended December 31, 2022 the estimated loss on interest income related to impaired and foreclosed assets was approximately...

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Shepherd’s Finance, LLC Reports 2022 Results

JACKSONVILLE, FL, March 21, 2023 (GLOBE NEWSWIRE) — Shepherd’s Finance, LLC (“Shepherd’s,” the “Company,” “we,” or “our”) announced its operating results for the year ended December 31, 2022. 2022 Overview During 2022, the Company continued to focus on the reduction of non-interest earning assets. As of December 31, 2022, loans classified as non-accrual were 14 or approximately $7.2 million compared to 23 or approximately $9.5 million as of December 31, 2021. In addition, as of December 31, 2022 and 2021 we had 3 foreclosed assets or approximately $1.6 million and 5 or approximately $2.7 million, respectively. The Company continues to lose interest income on assets that do not accrue interest. During the year ended December 31, 2022 the estimated loss on interest income related to impaired and foreclosed assets was approximately...

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Meta-aramid Fiber Market Estimated to Reach $2.3 billion by 2027 Globally, at a CAGR of 10.6%, says MarketsandMarkets™

Chicago, March 21, 2023 (GLOBE NEWSWIRE) — The global Meta-aramid Fiber Market is projected to reach USD 2.3 billion by 2027, at a CAGR of 10.6% from USD 1.4 billion in 2022, as per the recent study by MarketsandMarkets™. Meta-aramid fiber offers higher thermal and chemical resistance than para-aramid fiber and has dielectric properties, making it preferable for fire-resistant clothing as well as electrical insulation. This fiber is also combined with other high-performance fibers for enhanced properties. For instance, it can be blended with materials such as wood and carbon to increase its strength. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166804023 Browse In-Depth TOC On “Meta-Aramid Fiber Market” 246 – Market Data Tables 56 – Figures 224 – Pages List of Key Players in...

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OOOOO Announces Lifting of Management Cease Trade Order

VANCOUVER, British Columbia, March 21, 2023 (GLOBE NEWSWIRE) — OOOOO Entertainment Commerce Limited. (TSXV: OOOO) (“OOOOO” or the “Company“) reports that the 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 was lifted on March 21, 2023 following the filing, on March 21, 2023, of the Company’s financial statements and accompanying management’s discussion and analysis for the fiscal year ended October 31, 2022. About OOOOO Founded by Sam Jones and Eric Zhang, OOOOO operates a technology platform that enables retailers, brands and entrepreneurs to share product-based content directly to consumers through live, interactive shoppable videos. For further information...

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P2 Gold Closes Restructuring of Gabbs Payment Terms

VANCOUVER, British Columbia, March 21, 2023 (GLOBE NEWSWIRE) — P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) (OTCQB:PGLDF) reports that, following the approval of the TSX Venture Exchange (the “Exchange”), it has closed the restructuring of the outstanding payment terms for the acquisition of the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. (See the Company’s news release dated March 6, 2023 announcing the restructuring of the outstanding payment terms for the acquisition of the Gabbs Project). In closing the restructuring, the Company issued 2,659,748 shares (the “Shares”) in the capital of the Company to Waterton Nevada Splitter, LLC (“Waterton”), an affiliate of Waterton Precious Metals Fund II Cayman, LP. As part of the restructuring, the Company entered into an amending...

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