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Month: March 2023

Manhattan Bridge Capital, Inc. Reports Results for 2022

GREAT NECK, N.Y., March 10, 2023 (GLOBE NEWSWIRE) — Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2022 was approximately $5,212,000, or $0.45 per share (based on approximately 11.5 million weighted-average outstanding common shares), versus approximately $4,423,000, or $0.42 per share (based on approximately 10.5 million weighted-average outstanding common shares) for the year ended December 31, 2021, an increase of $789,000, or 17.8%. This increase is primarily attributable to an increase in revenue, partially offset by increases in interest expense and general and administrative expenses. Total revenue for the year ended December 31, 2022 was approximately $8,571,000, compared to approximately $6,808,000 for the year ended December 31, 2021, an increase of $1,763,000,...

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Cingulate Inc. Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Clinical and Business Update

CTx-1301 Phase 3 Adult Dose-Optimization Study Ongoing; Results Expected 3Q 2023 Positive Top-Line Data from CTx-1301 Fed/Fast Study Announced, Full Results Submitted for Presentation at Forthcoming Medical Meeting CTx-1301 Pivotal Phase 3 Trial in Pediatric/Adolescent Patients Planned to Begin Mid-2023 KANSAS CITY, Kan., March 10, 2023 (GLOBE NEWSWIRE) — Cingulate Inc. (NASDAQ: CING), a biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, today announced its financial results for the three and 12 months ended December 31, 2022, and provided a clinical and business update. Highlights include multiple clinical updates on CTx-1301, the Company’s lead candidate being investigated...

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NorthEast Community Bancorp, Inc. Announces Date of 2023 Annual Meeting of Stockholders

WHITE PLAINS, N.Y., March 10, 2023 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annual meeting of stockholders will be held on Thursday, May 25, 2023. About NorthEast Community Bancorp NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community...

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Aehr Test Systems Comments on Closure of Silicon Valley Bank

FREMONT, Calif., March 10, 2023 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR) (the “Company”), a worldwide supplier of semiconductor test and reliability qualification equipment, today provided comments on the news today of the closure by regulators of Silicon Valley Bank (SVB). Gayn Erickson, President and CEO of Aehr Test Systems, commented, “There’s been a lot of questions related to the closure of SVB today and the exposure of Aehr Test Systems. Aehr Test does have a checking account at SVB with a current balance of under $2.5 million, which is less than 6% of our total of $41.8M in cash and short-term liquid assets. Aehr has over $39.3 million in another financial institution which includes over $9.7 million in cash and $29.6 million in short term US Government backed Treasury Bonds. Aehr has no outstanding balance on...

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Lee Enterprises in compliance with Nasdaq listing standards

DAVENPORT, Iowa, March 10, 2023 (GLOBE NEWSWIRE) — On March 3, 2023, Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 77 markets, received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating the Company is in compliance with listing standards. This letter closes the listing standard delinquency matter opened by Nasdaq on December 28, 2022, as the Company filed its 2022 Annual Report on Form 10-K on February 27, 2023, and its first quarter 2023 Quarterly Report on Form 10-Q on March 2, 2023. The Company is now in compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of periodic reports with the Securities and Exchange Commission. About...

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Nokia Corporation: Repurchase of own shares on 10.03.2023

Nokia CorporationStock Exchange Release10 March 2023 at 21:00 EET Nokia Corporation: Repurchase of own shares on 10.03.2023 Espoo, Finland – On 10 March 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 250,238 4.50CEUX 9,180 4.49AQEU 5,110 4.50TQEX 772 4.50Total 265,300 4.50* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

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Monarch Announces the Closing of a First Tranche of $1 Million of a $1.5 Million Flow-Through Private Placement

Not for distribution to U.S. news wire services or dissemination in the United States MONTRÉAL, March 10, 2023 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces the closing of the first tranche of a non-brokered private placement for total gross proceeds of $999,997.15 (the “Offering”). The Offering consisted of the issuance of 7,333,334 flow-through units of the Corporation (the “Quebec FT Units”) at a price of C$0.075 per Quebec FT Unit, and 6,428,530 flow-through units of the Corporation (the “National FT Units” and collectively with the Quebec FT Units, the “Units”) at a price of C$0.07 per National FT Unit. Each Quebec FT Unit consists of one common share of the Corporation and one-half of one common share purchase warrant (each whole purchase warrant a “Warrant”)....

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BIGG Digital Assets Inc. Confirms No Exposure to Silvergate Bank or Silicon Valley Bank

VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca and Netcoins.com) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, today confirms, in connection with the Company’s commitment to a transparent and compliant crypto industry in Canada and globally, that neither BIGG nor any of its operating subsidiaries have any exposure to Silvergate Bank or Silicon Valley Bank. Regulated, Trusted and Safe BIGG’s crypto brokerage subsidiary, Netcoins,...

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SYNERGIE strengthens its presence in Germany with the acquisition of the RUNTIME Group

Paris, 10 March 2023, 5.45pm SYNERGIE strengthens its presence in Germany with the acquisition of the Runtime Group The SYNERGIE Group has signed an agreement to acquire the RUNTIME Group. The transaction is subject to the approval of the German competition authorities. Founded in 1985, RUNTIME has developed innovative sourcing solutions to meet the needs of a diversified and long-established client base made up of both large accounts and SMEs. The company is expected to generate a turnover of around €80 million this year with a network of 31 branches, mainly in the northern and central regions of Germany. SYNERGIE is already active in Germany since 2011 with its subsidiary SYNERGIE PERSONAL DEUTSCHLAND (founded in 1977) which has successfully expanded its HR services in the dynamic southern regions of the country. Benefiting from the...

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Orion Group Holdings, Inc. Announces Contract Wins Totaling $134 Million

Concrete segment secures awards totaling $100 million in core markets of Dallas and Houston Largest diving services contract in Company history HOUSTON, March 10, 2023 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced multiple contract awards totaling $134 million, with the majority of this work to be completed in 2023. Since the beginning of 2023, the Concrete segment has been awarded $100 million across several contracts including $25 million for a 22-story high-rise building in Houston, $12 million for a Dallas hospital, and $10 million for a Dallas packaging center. The Marine segment was awarded the Company’s largest diving services contract of $20 million by a private client. The project is in support of the US Army Corps of Engineers’...

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