Day: May 15, 2023

Aprea Therapeutics Reports First Quarter 2023 Financial Results and Provides Update on Business Operations

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

DOYLESTOWN, Pa., May 15, 2023 (GLOBE NEWSWIRE) — Aprea Therapeutics, Inc. (Nasdaq: APRE) (“Aprea”, or the “Company”), a clinical stage biopharmaceutical company focused on developing novel synthetic lethality-based cancer therapeutics targeting DNA damage response (DDR) pathways, today reported financial results for the three months ended March 31, 2023 and provided a business update. “We are excited about the strong start for 2023 as we focus on the execution of the pipeline development plan and continue enrollment in our Phase 1/2a dose escalation study of our ATR inhibitor, ATRN-119, in patients with biomarkers related to DDR mutations,” said Oren Gilad, Ph.D., President and Chief Executive Officer of Aprea. “Our cash position remains strong with a runway to carry us into the third quarter of 2024 and cross meaningful clinical...

VirTra Reports First Quarter 2023 Financial Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

Record Revenue Performance of $10.0 Million, Up 48% Net Income Improves By $2.3 Million to $2.9 Million CHANDLER, Ariz., May 15, 2023 (GLOBE NEWSWIRE) — VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the first quarter ended March 31, 2023. The financial statements are available on VirTra’s website and here. First Quarter 2023 Financial Summary:Total revenue increased 48% to a record $10.0 million Gross profit increased 88% to $6.9 million, or 69% of total revenue Net income increased by $2.4 million to $2.9 million Adjusted EBITDA increased to $4.0 million Improved strong balance sheet with cash and cash equivalents of $14.3 million at March 31, 2023First Quarter 2023 Financial...

Dewmar International Announces the Public Availability of Its Disclosure Document and Its Financial Statement for the Quarter Ended March 31, 2023

Written by Customer Service on May 15, 2023. Posted in Public Companies.

NEW YORK, NY, May 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Dewmar International BMC Inc. announced today that its complete disclosure statements and financial reports for the quarter ended March 31, 2023 is now available. For a copy of the complete financials and disclosure document, please email CEO Donlad Hunter at donhun1313@gmail.com. This press release is not an offer to sell or a solicitation of an offer to buy securities. Donald Hunter, Chairman and Chief Executive Officer of Dewmar, commented, “We are announcing this required information to be deemed to be providing current information pursuant to the SEC’s deadline. As soon as we receive the necessary login information to OTCIQ from OTC Markets, we will upload these documents to the OTC Markets platform.” About Dewmar International BMC, Inc. Dewmar International...

Cleantech Power Corp. Enters Into Non-Binding Letter of Intent to Acquire Combined Heat and Power Assets

Written by Customer Service on May 15, 2023. Posted in Mergers And Acquisitions.

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — Cleantech Power Corp. (NEO: PWWR) (OTCQB: PWWRF) (Frankfurt: E43, WKN: A3EEHV) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable power and cleantech, is pleased to announce that the Company has entered into a non-binding letter of intent (the “Letter of Intent”) with an arm’s length third party to acquire, directly and indirectly, certain operating combined heat and power and other assets (the “CHP Assets”) located in North America (the “Potential Transaction”). Pursuant to the Letter of Intent, the Company may acquire the CHP Assets by making two payments. The first payment relates to CHP Assets which are past commercial operation and will consist of a payment of approx. $7.5 million (the “COD Payment”). The COD Payment will be made...

Brownie’s Marine Group Announces Financial Results for Q1-2023

Written by Customer Service on May 15, 2023. Posted in Public Companies.

Pompano Beach, FL, May 15, 2023 (GLOBE NEWSWIRE) — Brownie’s Marine Group, Inc. (OTCQB: BWMG), a leading developer, manufacturer and distributor of tankless dive equipment, redundant high pressure air rescue tanks and high-pressure air and industrial compressors in the marine industry, today announced results for the first fiscal quarter ending March 31st, 2023. Chris Constable, CEO of Brownie’s Marine Group, Inc. stated, “As expected the first quarter 2023 was challenging from a revenue standpoint. The BLU3 team made great progress on recall repairs, and began shipping new Nomads during the quarter, but their results were impacted. Additionally, when looking at Q1-2023 vs Q1-2022, economic uncertainty clearly had an impact on the Brownie’s Third Lung results. Submersible Systems had an improved Q1-2023 as compared to Q1-2022,...

UPDATE: LiveOne CEO Robert Ellin to Participate in Fireside Chat Hosted by Needham Analyst Laura Martin on May 17th at 9:30am ET

Written by Customer Service on May 15, 2023. Posted in Public Companies.

LOS ANGELES, CA, May 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today that its CEO and Chairman, Robert Ellin, will present at the upcoming 18th Annual Needham Technology & Media Conference. Mr. Ellin is scheduled to participate in a fireside chat hosted by Needham analyst, Laura Martin, on Wednesday, May 17, 2023, at 9:30 am ET. Event: LiveOne Analyst Fireside Chat at the 18th Annual Needham Technology & Media Conference Date: Wednesday 17, 2023 Time: 9:30 AM ET Register to watch both the live presentation and the replay here: https://wsw.com/webcast/needham131/lvo/2083735 Mr. Ellin will be available for one-on-one meetings with institutional investors during the conference. For more information about...

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2023

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

CHICAGO, May 15, 2023 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2023. “The recruiting industry as a whole is still feeling the effects of the lingering financial and economic impact that has affected the current economy since 2022. As such, we have had to make adjustments in our operational strategies within our organization, moving personnel from slower producing revenue streams to other areas of the business that we feel we can increase revenues in the near future with the additional personnel”, said Adam He, CEO of Professional...

Baltic Horizon Fund publishes its NAV for April 2023

Written by Customer Service on May 15, 2023. Posted in Public Companies.

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of April 2023 amounted to EUR 1.1181 per unit. Compared to the previous month, NAV per unit increased by 0.2%. The total net asset value of the Fund rose to EUR 133.8 million over the month. The EPRA NRV as of 30 April 2023 was EUR 1.1695 per unit, corresponding to an increase of 0.2% over the last month. Unaudited consolidated net rental income for April 2023 amounted to EUR 1.3 million, corresponding to a decrease of 0.1 million over the previous month (EUR 1.4 million in March 2023). The Fund recognized an unaudited consolidated net profit of EUR 0.3 million in April 2023. At the end of April 2023, the Fund’s consolidated cash and cash equivalents amounted to EUR 6.9 million (31 December 2022: EUR 5.3 million). The Fund has invested an additional EUR 0.1...

Baltic Horizon Fund publishes its NAV for April 2023

Written by Customer Service on May 15, 2023. Posted in Public Companies.

CNL Strategic Capital Announces Operating Results for First Quarter 2023

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

Orlando, Fla., May 15, 2023 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the three months ended March 31, 2023. Highlights:As of March 31, 2023, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 12 portfolio companies and had approximately $794.9 million in total assets, compared with approximately $732.5 million as of Dec. 31, 2022. For the three months ended March 31, 2023, the Company recognized a net change in unrealized appreciation on investments of approximately $13.1 million and had total investment income...

Day: May 15, 2023

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