Month: March 2023

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

Written by Customer Service on March 17, 2023. Posted in Mergers And Acquisitions.

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...

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

Written by Customer Service on March 17, 2023. Posted in Public Companies.

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...

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

Written by Customer Service on March 17, 2023. Posted in Earnings Releases And Operating Results.

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...

OOOOO Provides Update on Status of Management Cease Trade Order

Written by Customer Service on March 17, 2023. Posted in Public Companies.

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...

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

Written by Customer Service on March 17, 2023. Posted in Earnings Releases And Operating Results.

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...

Middlefield Concludes ETF Risk Rating Review

Written by Customer Service on March 16, 2023. Posted in Public Companies.

TORONTO, March 16, 2023 (GLOBE NEWSWIRE) — Middlefield Group (“Middlefield”) announced today that it has concluded the risk rating review of its Exchange Traded Funds (“ETFs”). The risk rating of Middlefield Innovation Dividend ETF (the “Fund”) (TSX:MINN) has been increased from Medium to Medium-to-High, which is reflected in the Prospectus and Fund Facts dated March 16, 2023. The risk rating change is effective immediately and is based on the risk classification methodology mandated by the Canadian Securities Administrators, in accordance with National Instrument 81-102 Investment Funds. Middlefield reviews the risk rating of the ETFs it manages at least on an annual basis, as well as when a fund undergoes a material change. This change is not the result of any changes to the investment objectives, strategies, or management of...

Hallador Energy Company Reports Full-Year 2022 Financial and Operating Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

TERRE HAUTE, Ind., March 16, 2023 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) today reported net income of $18.1 million, $0.57 per share for the full year 2022. Brent Bilsland, President and Chief Executive Officer, stated, “2022 was a transformational year for Hallador. The market price for coal approached all-time highs.  We were successful in signing 2.2 million tons of new coal sales contracts at an average price of approximately $125 per ton in the summer of 2022, of which a small percentage of deliveries were completed in 2022 and will continue through 2025, with the majority contracted to be delivered in 2023. We are tremendously excited about the future of our company as shipments of higher priced coal increase, the benefits of the Merom acquisition ramp up and our debt leverage ratio continues...

Maxim Power Corp. Reports Strong Earnings with Revenue of $141 million and Net Income of $42 million in 2022

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter ended December 31, 2022. The audited condensed consolidated financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on March 16, 2023. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS Three Months Ended December 31, Twelve Months EndedDecember 31,($ in thousands except per share amounts) 2022 2021 2022 2021Revenue – 37,418 141,263 156,014Net income (loss) (7,156) 4,402 42,277 78,509Earnings (loss) per share – basic (0.14) 0.09 0.84 1.57Earnings...

Northern Genesis Acquisition Corp. III Announces Redemption of Public Shares and Subsequent Dissolution

Written by Customer Service on March 16, 2023. Posted in Public Companies.

Kansas City, MO, March 16, 2023 (GLOBE NEWSWIRE) — Northern Genesis Acquisition Corp. III (the “Company”) (NYSE: NGC.U; NGC; NGC.WS) today announced that it will redeem all of its outstanding shares of common stock that were included in the units issued in its initial public offering (the “public shares”), effective as of the close of business on March 27, 2023, as the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Charter”). Pursuant to its Charter, if the Company does not complete its initial business combination by March 26, 2023, then the Company will: (i) cease all operations except for the purpose of winding up, (ii) redeem the public shares within ten business days thereafter, at a per-share price, payable in cash,...

Novartis Tafinlar + Mekinist approved by FDA for pediatric patients with BRAF V600E low-grade glioma, the most common pediatric brain cancer

Written by Customer Service on March 16, 2023. Posted in Public Companies.

New approval based on TADPOLE trial showing overall response rate (ORR) of 47% and median progression-free survival (mPFS) of 20.1 months for Tafinlar + Mekinist compared to 11% ORR and 7.4 months mPFS for standard of care1,2 Approval also received for liquid formulation options for ease of administration across multiple approved indicationsTafinlar + Mekinist is now approved in six indications across multiple BRAF V600E solid tumors, including melanoma, thyroid cancer and lung cancer1,2Basel, March 16, 2023 — Novartis today announced the U.S. Food and Drug Administration (FDA) granted approval for Tafinlar® (dabrafenib) + Mekinist® (trametinib) for the treatment of pediatric patients 1 year of age and older with low-grade glioma (LGG) with a BRAF V600E mutation who require systemic therapy. The FDA also approved liquid formulations...

Month: March 2023

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