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Month: March 2023

Better Choice Company Announces Strategic Alternatives After Receiving Multiple Unsolicited Expressions of Interest for the Halo Pet Brand

NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) — Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, today announced that it has received expressions of interest for its line of Halo branded pet products. The Company will conduct a strategic alternatives review process to evaluate a sale of the company, merger, divestiture of assets, private placement of securities, or other strategic transactions such as entering into other industries or revenue verticals outside of the pet space. Lionel Conacher, Interim CEO of Better Choice, commented, “The goal of this strategic evaluation process is to ensure that we are exploring a range of possible options that have been presented to the company to maximize value for our shareholders.” There can be no assurance that this process...

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Nano Dimension’s Chairman & CEO Addresses Stratasys Acquisition Rationale, Potential Employees and Shareholders’ Upside

Videos That Clearly Address Vision, Plans and Likely Questions Waltham, Mass., March 13, 2023 (GLOBE NEWSWIRE) —  Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, are releasing videos addressing vision, plans and answering likely questions. Click here to watch a shorter video: https://youtu.be/kTDq_cxMyws   A longer video which unpacks the topics discussed in greater length will be released very shortly. Please refer to the Nano Dimension YouTube channel for this and all other videos: https://www.youtube.com/@NanoDimension In these videos, Nano Dimension’s Chairman and Chief Executive Officer Yoav Stern provides clear and concise vision and strategy...

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Calavo Growers Board of Directors Appoints Lee E. Cole as President and Chief Executive Officer

SANTA PAULA, Calif., March 13, 2023 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that Lee E. Cole is returning to lead Calavo as President and Chief Executive Officer, effective immediately. Mr. Cole has agreed to lead the Company for three years with the goal of returning the company to a position of growth and shareholder value creation. Mr. Cole succeeds Brian W. Kocher, who has stepped down from his role. Mr. Cole served as Calavo’s President and Chief Executive Officer from 1999 until his retirement on January 31, 2020. He served as a Director of Calavo for 39 years, 28 as Chairman of the Board. “On behalf of Calavo and all of our employees, we thank Brian for all his efforts and wish...

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OpenLocker is pleased to Announce Broad-Based Revenue Growth from Our Various Clubs Driven by Innovative Programs Designed to Expand Student-Athlete NIL Opportunities

Palm Beach, FL, March 13, 2023 (GLOBE NEWSWIRE) — OpenLocker, Inc, a subsidiary of OpenLocker Holdings Inc., (“OpenLocker” or the “Company” OTCQB: OLKR) is pleased to announce a consistent increase in revenues from purchases of innovative collectibles featuring the Name, Image and Likeness (NIL) of student-athletes made on its user-friendly platform. The company recently released collections of digital and physical collectibles that offer membership in exclusive communities with access to VIP events, experiences and exclusive rewards for fans at the University of Florida, Florida Atlantic University and University of Wisconsin. The OpenLocker platform allows fans to directly engage with and support student-athletes through the purchase of autographed physical collectibles, which generate NIL earnings for the athletes and unlock...

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Synchronoss Technologies Confirms Receipt of Non-Binding Proposal from B. Riley Financial

BRIDGEWATER, N.J., March 13, 2023 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc.  (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital products and platforms, today confirmed that on March 10, 2023 it received a non-binding proposal from B. Riley Financial, Inc. (“B. Riley”) to acquire all outstanding shares of the Company’s common stock for a price of $1.15 per share, payable in cash (the “B. Riley Proposal”). B. Riley, together with its affiliates, owns approximately 13.9% of the Company’s outstanding common stock and is the largest holder of the Company’s common stock. B. Riley also nominated one of the Company’s directors pursuant to a pre-existing agreement with the Company. During 2022, the Company engaged UBS Securities, LLC (“UBS”) as its financial advisor to...

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KULR Opens New Research and Development Center in Texas

To Accommodate an Increasing Number of Battery Development Engagements the Company has Opened a Second Facility SAN DIEGO, March 13, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced the opening of a new research and development center in Webster, Texas, a suburb of Houston, to accommodate for increasing battery development engagements in the year 2023 and beyond. “Our new R&D center will usher in the next phase of KULR’s expansion and growth,” said Dr. Will Walker, KULR Chief Technology Officer. “The building that integrates the R&D center will be outfitted with state-of-the-art prototyping equipment and...

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Raven Announces Strategic Integration of Augmenta, Enhances Automated Technology Portfolio

CNH Industrial acquires machine vision company, adding key components to Raven’s autonomous farming technology developmentRaven + Augmenta Joining Forces Together, Raven and Augmenta advance development of environment-based perception for optimized variable rate applications, a significant component of Raven’s expanding automated technology portfolio.Augmenta Sense & Act Technology Augmenta’s comprehensive variable rate application (VRA) solution uses a real-time sensor to process field conditions and automatically apply the optimal amount of product. Augmenta will operate within the Raven brand, and this innovative Sense & Act technology will be fully integrated into Raven’s broader portfolio over the next few years.Sioux Falls, S.D., March 13, 2023 (GLOBE NEWSWIRE) — Raven Industries today announced it...

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ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook

$300M Equity Financing Line with Westwood Capital Provides Additional LiquidityExtraordinary General Meeting of Shareholders to Approve Reverse Stock Split LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line established with Westwood Capital. At the same time, the Company is also announcing the convening of an Extraordinary General Meeting of shareholders to vote on a number of resolutions, including a reverse stock split and capital reduction. Additional details of these announcements will be provided on the Company’s Business Update Webcast scheduled today, March 13, 2023 at 4:30 P.M. Eastern Time. “I have come into the business as CEO at a critical time. Arrival has developed innovative technologies and know-how which position us strongly...

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New Proposal to the Annual General Meeting of Shareholders of Efecte Plc regarding Election of the Auditor

EFECTE PLC — COMPANY ANNOUNCEMENT – 13 March 2023 at 14:35  New Proposal to the Annual General Meeting of Shareholders of Efecte Plc regarding Election of the Auditor The Board of Directors of Efecte Plc has decided to make a new proposal to the Annual General Meeting of Shareholders to be held on 22 March 2023 regarding item 14 (Election of the Auditor). The Board proposes to the Annual General Meeting that, instead of the originally proposed KPMG Oy Ab, BDO Oy, a firm of authorised public accountants, be elected as the Company’s auditor for a term ending at the close of the next Annual General Meeting. Ehdotuksen taustalla on alun perin ehdotetun tilintarkastusyhteisön tuleva liiketoimintasuhde yhtiön kanssa ja sen vaikutus tilintarkastusyhteisön riippumattomuuteen. The proposal is made due to future business relationship of the...

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Business Warrior Announces Strong Q1 2023 Financial Results, with Over 220% Growth in Revenue, and Sales Momentum in Promoting Innovative Solutions

PHOENIX, March 13, 2023 (GLOBE NEWSWIRE) — Business Warrior Corporation (OTC: BZWR), the cloud-based lending platform for success and long-term business growth, announces its financial results for the quarter ending November 30, 2022, showing significant growth and progress in its cloud-based lending platform. Revenue for the period surged to $1,455,742, a remarkable increase of over 220% from the previous year. This marks the first quarter of financial results since the successful acquisition of two companies last year and the integration of these entities fully completed. The Company has reported a net loss of $971,944, which can be attributed mainly to an increase in the Cost of Sales incurred while serving clients within the new business model. The Company’s acquisition of new businesses resulted in an increase in the...

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