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Day: April 8, 2023

iMedia Brands Moves Its Fourth Quarter and Full-Year 2022 Call and Webcast to Wednesday, April 12, 2023, at 8:30 a.m. ET

MINNEAPOLIS, April 08, 2023 (GLOBE NEWSWIRE) — iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI, IMBIL) announced today it has moved its earnings release date from Monday, April 10 to Wednesday April 12, 2023. CEO Commentary – Tim Peterman, CEO“We appreciate our investors and other stakeholders’ patience with us over these past several weeks, and I personally apologize for this delay. We are in the final stages of completing five financing transactions that we intend to close simultaneously. When completed, these transactions will materially decrease our outstanding debt and improve our credit profile as a Company. We expect these transactions to close on Monday or Tuesday as we work through the weekend to finalize the complexities one might expect with simultaneous closings of multiple transactions. As we discussed during our...

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Nokia selected by Zain Jordan for nationwide 5G

Press Release Nokia selected by Zain Jordan for nationwide 5GZain Jordan to deliver superior 5G connectivity nationwide to its customers   Deal supports digital transformation of Jordan and its economy Nokia to modernize Zain’s existing network infrastructure and deploy 5G equipment based on its comprehensive AirScale Baseband and Radio portfolio8 April 2023 Espoo, Finland – Nokia today announced that it has been selected by Zain Jordan in a multi-year deal to supply 5G Radio Access Network (RAN) equipment throughout Jordan. Through the deal, Zain will be able to support the digital transformation of the country by offering superior 5G services with enhanced connectivity and capacity to customers. A major part of the deployment is expected to be completed during 2023. Under the deal, which totals over 3,000 sites nationwide, Nokia...

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Audited results of Invalda INVL Group for 2022

Invalda INVL’s equity at the end of 2022 was EUR 130.8 million, or EUR 11.07 per share. The figures were 14.24% and 13.53% larger, respectively, than a year earlier (also taking into account the EUR 7.7 million of dividends paid to shareholders). Thanks to an increase in the value of investments in the fourth quarter, Invalda INVL was profitable last year, earning a net profit of EUR 16.67 million. In 2021, the company had a net profit of EUR 37.45 million. Although last year was extremely volatile, clients increased investments in the products the INVL group manages. The group’s client assets under management totalled EUR 1.9 billion as of 31 December 2022, which is 18.3% more than a year earlier (EUR 1.6 billion), while the value of investments decreased by EUR 92.3 million in the year. The number of clients entrusting their assets to...

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Draft resolutions prepared by the Board for the shareholders’ meeting of Invalda INVL to be held on 30/04/2023

The draft resolutions prepared by the Board of Invalda INVL (company code 121304349, registered office address Gynėjų str 14, Vilnius, Lithuania) are submitted to the Ordinary General Meeting of Shareholders to be held on 30 April 2023. The draft resolutions of the Ordinary General Shareholders Meeting of the public joint stock company Invalda INVL:1. Presentation of the public joint stock company Invalda INVL consolidated annual report for 2022.Shareholders of the public joint stock company Invalda INVL are presented with the Consolidated Annual Report of the Company for 2022 (attached). There is no voting on this issue of agenda. 2. Presentation of the independent auditor’s report on the financial statements and consolidated annual report of the public joint stock company Invalda INVL.Shareholders of the public joint stock company Invalda...

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NORBIT – Strengthening the North American presence with Seahorse Geomatics acquisition

Trondheim, 8 April 2023: NORBIT announces that it has completed the acquisition of the business and certain assets from Seahorse Geomatics Inc. Seahorse Geomatics has been Oceans’ distributor and reseller in the North American market for more than a decade. As part of the transaction, NORBIT welcomes five new colleagues with significant experience in the Oceans’ domain for tailored technology solutions to the maritime markets. The purchase price is USD 1.5 million for the business and acquired assets, including all intellectual property. The acquisition will be financed by the issuance of consideration shares at a price equal to the five-day average share price of NORBIT ASA prior to closing of the asset purchase agreement with a total value of NOK 10.4 million, and NOK 5.2 million will be paid in cash. “Seahorse Geomatics has been NORBIT’s...

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