Day: April 5, 2023

Nano Dimension (“NANO”) is Committed to Proceed Towards Acquiring Stratasys And Announces Preparation of Special Tender Offer for $18.00 Per Share

Written by Customer Service on April 5, 2023. Posted in Mergers And Acquisitions.

Still, NANO is Prepared to Negotiate in Good Faith the Previously Announced Full Acquisition Offer at $20.05 per Share Absent Stratasys’ Board Engagement, NANO Intends to Launch All-Cash, Fully Financed Special Tender Offer at $18.00 per share Targeting Ownership of at least 51% of Stratasys’ Outstanding Shares If and as needed, as part of the Special Tender, NANO Intends to File a Motion in an Israeli Court Seeking a Relief Pursuant to Israeli Companies Law Preventing the Poison Pill from Being Triggered Waltham, Mass., April 05, 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, today announced that it is prepared to commence...

C-Bond Systems Reports 2022 Revenue in Excess of $2.2M, an Increase of 51% from 2021

Written by Customer Service on April 5, 2023. Posted in Earnings Releases And Operating Results.

HOUSTON, April 05, 2023 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced financial results for the year ended December 31, 2022, reporting annual revenues in excess of $2.23 million, an increase of 51% from 2021. Full Year 2022 Financial Highlights:For the year ended December 31, 2022, sales amounted to $2,232,646 compared to $1,476,828 for the year ended December 31, 2021, an increase of $755,818, or 51.2%. The increase was primarily attributable to the acquisition of 80% of the Company’s A1 Glass Coating subsidiary on July 22, 2021, which generated sales of $1,853,910 for the year ended December 31, 2022, compared to $1,042,017 for the period from acquisition to December 31, 2021. For the year ended 2022, gross profit amounted to $1,278,244, or 57.3%...

Springfield Banking Veteran Rob Fulp Joins Great Southern Bank

Written by Customer Service on April 5, 2023. Posted in Public Companies.

SPRINGFIELD, Mo., April 05, 2023 (GLOBE NEWSWIRE) — Great Southern Bank today announced that it has hired Springfield banking veteran Rob Fulp. Coming off of a two-year retirement from the banking industry, Fulp now serves as the regional managing director of commercial lending for the Springfield, southwest Missouri and Arkansas markets. Great Southern President and CEO Joe Turner said, “We are excited that Rob has joined the Great Southern team. Rob is an excellent banker and we have long respected his work in the Springfield market. It is nice to call Rob a teammate, instead of a friendly competitor. Great Southern and our customers will greatly benefit from Rob’s leadership and expertise.” Fulp commented, “Being away from the industry for two years definitely underscored that my passion for banking and serving customers runs...

Trend Innovations Holding Acquires Highly Sophisticated AI Engine—Game-Changing Asset Launches Company into $138-Billion AI Software Industry

Written by Customer Service on April 5, 2023. Posted in Public Companies.

NEW YORK, NY, April 05, 2023 (GLOBE NEWSWIRE) — Trend Innovations Holding Inc. (OTCQB: TREN), a company specializing in acquiring, creating, and developing innovative software technologies that utilize artificial intelligence (AI), has officially become a player in the fast-growing AI industry, and more specifically, the $138.4-billion AI software industry with its acquisition of the highly sophisticated machine learning AI system, Avant! AI™ (Avant). Avant is a powerful and extremely unique AI engine that can expedite the financial growth of Trend Innovations with real revenue producing opportunities while expanding the company’s portfolio of assets across the entirety of the AI landscape. A game-changing asset that can deliver this kind of growth potential sets Trend Innovations up as an attractive up-list candidate...

Wintrust Recognized by Coalition Greenwich for 8th Straight Year, Wins 9 Greenwich Excellence Awards in U.S. Middle Market and Small Business Banking

Written by Customer Service on April 5, 2023. Posted in Public Companies.

ROSEMONT, Ill., April 05, 2023 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or “WTFC”) announced today that it has received nine Greenwich Excellence Awards for 2022 across U.S. Middle Market and U.S. Small Business Banking. They include:U.S. Middle Market Banking (Revenues of $10 million – $500 million)National AwardsBest Brand – Ease of Doing Business Best Brand – Trust Best Brand – Values Long-Term Relationships Cash Management – Customer Service Likelihood to Recommend Overall Satisfaction Overall Satisfaction with Relationship ManagerMidwest AwardLikelihood to RecommendSmall Business Banking (Revenues of $1 million – $10 million)Midwest AwardOverall SatisfactionCoalition Greenwich is a leading provider of global market intelligence and advisory services to the financial services industry....

Eldorado Gold Closes €680 million Project Financing Facility for the Development of Skouries

Written by Customer Service on April 5, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or the “Company”) and its wholly-owned subsidiary, Hellas Gold Single Member S.A. (“Hellas”), are pleased to announce that Hellas has satisfied all necessary precedent conditions and has closed its previously announced €680 million project financing facility (the “Facility”) for the development of the Skouries Project in Northern Greece (“Skouries” or the “Project”). The Facility is structured to provide 80% of the funding required to complete the Project, with the remaining 20% to be funded by the Company. Hellas contributed €31.2 million (approximately US$34.0 million) from January 2022 through to the end of March 2023, on early works activities at Skouries, which will be applied as a credit towards the Company’s equity commitment...

AITX Updates Path to Potential Profitability

Written by Customer Service on April 5, 2023. Posted in Public Companies.

Detroit, Michigan, April 05, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions today shared recent company changes and updated its path to attainment of potential profitability. AITX and RAD CEO Steve Reinharz recently held a companywide town hall meeting where he announced that the Company had implemented measures to save over $100,000 a month, with the potential to reach total savings of $200,000 a month in the coming months. This is being accomplished through a variety of methods, including the elimination of non-core projects, improving team resources, delaying projects related to RAD 4.0, and reducing expenses and enhancing operational efficiency. As part of the cost-saving plan, the Company has terminated...

Non-Grain Oriented Electrical Steel Market to Reach USD 25.83 Billion by 2030 | with a CAGR of 5.1%

Written by Customer Service on April 5, 2023. Posted in Mergers And Acquisitions.

Key Companies covered in non-grain oriented electrical steel market are Nucor Corporation (U.S.), NLMK (Russia), ArcelorMittal S.A. (Luxembourg), Shougang Group (China) , thyssenkrupp Steel (Germany), Baosteel Group Corporation (China), POSCO (South Korea), NIPPON STEEL CORPORATION (Japan) and more players profiled. Pune, India, April 05, 2023 (GLOBE NEWSWIRE) — The non-grain oriented electrical steel market size was valued at USD 17.50 billion in 2022. The market is projected to grow from USD 18.28 billion in 2023 to USD 25.83 billion by 2030, exhibiting a CAGR of 5.1% during the forecast period. Non-grain-oriented electric steel is a specialty steel, which is made to provide certain magnetic properties such as high permeability and low hysteresis loss to electrical applications. Growing demand for electricity and rising infrastructure...

Palisade Bio Announces Enrollment of First Patient in Newsoara Phase 3 Clinical Trial Evaluating LB1148

Written by Customer Service on April 5, 2023. Posted in Public Companies.

Enrollment triggers milestone payment Carlsbad, CA and Shanghai, China, April 05, 2023 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade” or the “Company”), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complications, announced today that its development partner Newsoara Biopharma Co. Ltd, has enrolled the first patient in its ongoing Phase 3 clinical trial in China. The trial is being fully conducted and funded by Newsoara. “The start of patient enrollment marks an important milestone for our partner Newsoara’s advancement of its Phase 3 LB1148 study in China. We continue to be encouraged by the potential of LB1148 to protect gastrointestinal integrity in surgery patients and look forward to the forthcoming data readout from Newsoara’s study,” commented J.D. Finley, CEO...

Reusable Launch Vehicle Market to Worth USD 5.41 Billion By 2030 | Fortune Business Insights™

Written by Customer Service on April 5, 2023. Posted in Mergers And Acquisitions.

Companies covered in reusable launch vehicle market are Ariane Group (France), Blue Origin LLC (U.S.), Lockheed Martin Corporation (U.S.), National Aeronautics and Space Administration (NASA) (U.S.),Rocket Labs USA (U.S.),Space Exploration Technologies Corp. (SpaceX) (U.S.),The Boeing Company (U.S.),The Spaceship Company (U.S.),United Launch Alliance (ULA) (U. S.), and others Pune, India, April 05, 2023 (GLOBE NEWSWIRE) — The global reusable launch vehicle market size was valued at USD 1.61 billion in 2022 and is projected to grow from USD 1.94 billion in 2023 to USD 5.41 billion by 2030, exhibiting a CAGR of 15.77%. Reusable Launch Vehicles (RLVs) are space launch systems that enable partial or complete rocket stage recovery following satellite delivery into orbit. An RLV aims to reduce the cost of single-stage and multi-stage...

Day: April 5, 2023

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