Koios Provides Corporate Update

Written by Customer Service on April 12, 2023. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN DENVER and VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) — Koios Beverage Corp. (CSE: FIT) (OTC: FITSF) (the “Company” or “Koios”) announces that it intends to re-price 13,900,000 outstanding common share purchase warrants (“Warrants”) issued pursuant to a Share Purchase Agreement on April 22, 2022 and pursuant to a Private Placement on October 3, 2022. The Company also intends to extend an aggregate of 11,900,000 of those Warrants that were closed on April 22, 2022, with Warrant expiration dates of April 22, 2023 (the “Warrant Amendments”). The following Warrants are proposed to be extended and repriced: Issue Date Issuance Number of Warrants Extended New...

GlucoTrack Announces Proposed Underwritten Public Offering of Common Stock

Written by Customer Service on April 12, 2023. Posted in Public Companies.

Rutherford, NJ, April 12, 2023 (GLOBE NEWSWIRE) — GlucoTrack, Inc. (Nasdaq: GCTK) (“GlucoTrack” or the “Company”), a medical device and digital health platform company focused on diabetes and prediabetes, today announced that it intends to offer shares of common stock in a firm commitment underwritten public offering. The Company intends to use the net proceeds from this offering primarily for working capital and general corporate purposes, which may include, without limitation, engaging in acquisitions or other business combinations or investments, sales and marketing activities, general and administrative matters and capital expenditures. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Aegis Capital...

Maha Energy AB Publishes the Annual Report for 2022

Written by Customer Service on April 12, 2023. Posted in Public Companies.

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce the publication of the Annual Report for 2022. The report is available hereto (in English and Swedish) and on the Company’s website at www.mahaenergy.ca. For more information, please contact:Paulo Mendonça (CEO)Tel: +46 8 611 05 11info@mahaenergy.ca Jakob Sintring (Head of IR)Tel: +46 8 611 05 11info@mahaenergy.ca MiscellaneousThe information was submitted for publication, through the agency of the contact person set out above, 23:45 CEST on 12 April 2023. About MahaMaha Energy AB (publ) is a listed, international upstream oil and gas company whose business activities include exploration, development and production of crude oil and natural gas. The strategy is to target and develop underperforming hydrocarbon assets on global basis. Maha the Mafraq field in Block 70...

Hubbell to Announce First Quarter 2023 Results on April 25, 2023

Written by Customer Service on April 12, 2023. Posted in Public Companies.

Shelton, CT, April 12, 2023 (GLOBE NEWSWIRE) — Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2023 financial results prior to the opening of the market on April 25, 2023. The Company will then webcast its Analysts’ Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell’s corporate website under the Press Release section. You can also access this information by going to www.hubbell.com and selecting “Investors” from the options at the bottom of the page and then “Press Releases” from the drop-down menu. The live audio of the conference call and accompanying materials will also be available and can be accessed by visiting Hubbell’s Events and Presentations section. You...

PLx Pharma Inc. Enters into a Stalking Horse Asset Purchase Agreement to Sell VAZALORE® and Substantially All of its Assets

Written by Customer Service on April 12, 2023. Posted in Mergers And Acquisitions.

SPARTA, N.J., April 12, 2023 (GLOBE NEWSWIRE) — PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), is a commercial-stage drug delivery platform technology company focused on its clinically-validated and patent-protected PLxGuard™ and VAZALORE®, an FDA-approved liquid-filled aspirin capsule, available in 81 mg and 325 mg doses. The Company today announced that it entered into a stalking horse asset purchase agreement (the “APA”) with PLx Acquisition Company, LLC, a wholly-owned subsidiary of Greenwood Brands, LLC (“Buyer”), to acquire substantially all of the Company’s assets (the “Sale”). The Company intends to file voluntary petitions for relief under Chapter 11 of Title 11 of the U.S. Code in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) within the next two business days. The Sale...

EnerSys Wins U.S. Department of Energy Better Practice Award

Written by Customer Service on April 12, 2023. Posted in Public Companies.

READING, Pa., April 12, 2023 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS) EnerSys®, the global leader in stored energy solutions for industrial applications, has been awarded the Better Practice Award from the U.S. Department of Energy Better Plants Program for the implementation of the EnerSys Operating System (EOS) Lean Management program. The EOS program is a Lean Management initiative designed to identify, reduce, or eliminate waste within EnerSys’s operations. The program was implemented using a framework for continuous improvement to do the right things for its employees, customers and shareholders. By using the EOS program, EnerSys plants across the globe have been able to more efficiently implement safety, health, environmental, quality and sustainability improvements, including scrap, water and gas reductions, energy savings...

B2Gold First Quarter 2023 Financial Results – Conference Call and Webcast Details

Written by Customer Service on April 12, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) will release its first quarter 2023 financial results after the North American markets close on Tuesday, May 9, 2023. B2Gold executives will host a conference call to discuss the results on Wednesday, May 10, 2023, at 10:00 am PT/1:00 pm ET. You may access the call by registering at the participant conference link by clicking here prior to the scheduled start time. Once you have registered, you will be sent an email with a unique PIN which will connect you to the call at +1 (431) 341-4089 / +1 (855) 513-1368 (Canada) or toll free at +1 (844) 543-0451. You may also listen to the call via webcast by clicking here. About B2Gold Corp. B2Gold is a low-cost international senior gold producer...

Firan Technology Group Corporation (“FTG”) Announces First Quarter 2023 Financial Results

Written by Customer Service on April 12, 2023. Posted in Public Companies.

TORONTO, April 12, 2023 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter 2023. Financial Highlights First quarter bookings of $33.0M were up 28% over Q1 2022 and up 2% over Q4 2022. This was the 9th sequential quarter of bookings growth. FTG first quarter revenues of $24.6M were up 20% over Q1 2022, as FTG ramps up production to meet customer demand. FTG achieved Net Earnings in Q1 2023 of $4.1M, which was up $4.8M from Q1 2022. Earnings included $3.4M of U.S. government support in Q1 2023 compared to $0.3M in Q1 2022. FTG has net cash on the balance sheet of $20.6M as of Q1 2023 as compared to $12.3M as at Q4 2022. Business Highlights Starting last year, FTG went on offence after two years of playing defence, and this has continued in the first quarter...

CORRECTION – ARRIVAL Announces Reverse Stock Split

Written by Customer Service on April 12, 2023. Posted in Public Companies.

Aiming to meet the minimum value bid requirement for maintaining listing on Nasdaq Company’s authorized share capital will be U.S.$540,000, divided into 54,000,000 Ordinary Shares Shareholders’ percentage ownership interest will not be affected LUXEMBOURG, April 12, 2023 (GLOBE NEWSWIRE) — Further to the press release issued on April 11, 2023, Arrival has updated the record date for its reverse stock split to April 13, 2023. The corrected release follows: Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles (“EVs”), today announced that, pursuant to the approvals granted at the extraordinary general meeting of shareholders held on April 6, 2023 (the “EGM”), the Board of Directors has determined to implement a reverse stock split of all of the Company’s...

Ring Energy, Inc. Announces Exercise and Price Reduction of Nearly All of Its Outstanding Warrants

Written by Customer Service on April 12, 2023. Posted in Public Companies.

THE WOODLANDS, Texas, April 12, 2023 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that 14,512,166 of its outstanding warrants have been amended to lower their exercise price to $0.62 per share in exchange for early exercise of the warrants, resulting in gross proceeds to the Company of $8,997,543 and the issuance of 14,512,166 shares of common stock. After the full exercise of the above warrants, there remain outstanding warrants to purchase 78,200 shares of common stock. Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, “We are pleased with the early exercises resulting from the premium inducement. The accelerated receipt of approximately $9 million in warrant proceeds contributes to our relentless goal to strengthen our balance sheet. We...

Day: April 12, 2023

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