ZW Data Action Technologies Reports First Quarter 2023 Unaudited Financial Results

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

BEIJING, May 22, 2023 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company”), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three months ended March 31, 2023. First Quarter 2023 Financial Results Revenues For the first quarter of 2023, revenues decreased by approximately $1.34 million, or 17.5%, to $6.32 million from $7.65 million for the same period last year. The decrease in revenues was primarily attributable to the decrease in revenues from our Internet advertising and related data services business category, as a result of the peak infection of COVID-19 in China during the first fiscal quarter of 2023, which affected business of most of our...

Inter&Co Wins Two IFLR Americas 2023 Awards Recognizing Legal Innovation

Written by Customer Service on May 22, 2023. Posted in Public Companies.

BELO HORIZONTE, Brazil, May 22, 2023 (GLOBE NEWSWIRE) — Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, has been recognized as a winner of the IFLR Americas 2023 award for two categories: the “In-house: Market Makers” category honoring General Counsel and Chief Governance and Compliance Officer Ana Luiza Vieira Franco Forattini, and the “Deal of the year: Equity” category for Inter & Co’s Nasdaq listing in the US – a first for Brazil and an achievement in cross-border restructuring. The winners were honored on Thursday, May 18th at a ceremony at the Metropolitan Club in New York. The IFLR Americas 2023 awards are judged independently by IFLR’s editorial team and focus exclusively on legal innovation...

Signal Hill Acquisition Corp. Announces Liquidation

Written by Customer Service on May 22, 2023. Posted in Public Companies.

WILMINGTON, Del., May 22, 2023 (GLOBE NEWSWIRE) — Signal Hill Acquisition Corp. (NASDAQ: SGHL) (the “Company”) announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of its Second Amended and Restated Certificate of Incorporation and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.43. “Current market conditions have convinced us that the best way to deliver on our promise to stockholders is to return the capital held in trust. We worked tirelessly...

Gouverneur Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization

Written by Customer Service on May 22, 2023. Posted in Public Companies.

GOUVERNEUR, N.Y., May 22, 2023 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (the “Company”) (OTC Pink: GOVB), a majority owned subsidiary of Cambray Mutual Holding Company (the “MHC”) and the parent company for Gouverneur Savings and Loan Association (the “Bank”), announced today that its Board of Directors, together with the Board of Directors of the MHC and the Bank, have unanimously adopted a Plan of Conversion and Reorganization (the “Plan of Conversion”). Pursuant to the Plan of Conversion, the MHC will sell its majority ownership in the Company to the public and the Bank, which is currently in the mutual holding company structure, will reorganize to a fully public stock holding company in a transaction commonly referred to as a “second step” conversion. As part of the second step conversion, the Bank will become a wholly owned...

Equus Subsidiary, Morgan E&P, Acquires 4,747 Net Acres in the Bakken

Written by Customer Service on May 22, 2023. Posted in Public Companies.

Enters Into a Purchase and Sale Agreement With Pro Energy I HOUSTON, May 22, 2023 (GLOBE NEWSWIRE) — Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) today announced the closing of a Purchase and Sale Agreement (“PSA”) between Morgan E&P, LLC, (“Morgan”), a wholly-owned subsidiary of Equus, and Pro Energy I, LLC (“Pro Energy”). Pursuant to the PSA, Morgan has acquired 4,747.52 net acres, in the Bakken/Three Forks formation in the Williston Basin of North Dakota. In addition to other terms and conditions, including a payment of $500,000, Morgan is required to drill and complete a minimum of six wells within 18 months of receiving the first drilling permits. The average cost of drilling a new horizontal well is approximately $8.0 million. Morgan will receive an average net revenue interest (“NRI”) of 80% in the...

Disclosure of Voting Rights in IDEX Biometrics Chair Morten Opstad – 22 May 2023

Written by Customer Service on May 22, 2023. Posted in Public Companies.

At the close of business on 22 May 2023, Morten Opstad, Chair of the Board of IDEX Biometrics ASA, held the following voting rights in IDEX, for the purpose of the Annual General Meeting on 23 May 2023: Total 371,395,959 shares or 31,77% of the share capital and votes, consisting of the following: Proxy to represent and vote for 168,078,154 shares or 14,38% of the share capital, including shares held by Mr Opstad and close relations Proxy with voting instructions for 203,317,805 shares or 17,39% of the share capital. For further information contact: Marianne Bøe, Head of Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel: + 47 918 00186 About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control,...

Lifecore Biomedical Enters into $150.0 Million in New Financing, Repays its Outstanding Term Loans and Signs New Supply Agreement to Expand HA Fermentation Capacity with Existing Long-Term Customer

Written by Customer Service on May 22, 2023. Posted in Public Companies.

New $150 million credit arrangements include six-year credit agreement and equipment sale and leaseback to replace existing term loan CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (“Lifecore” or the “Company” Nasdaq: LFCR), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered into a broad set of agreements with its long-term customer, Alcon (SIX/NYSE: ALC), which provides for the repayment of the Company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (“HA”) that Lifecore is expected to supply for use in Alcon’s commercial products. “These agreements validate the value Lifecore delivers, both to our customers and to the patients who benefit from treatments that Lifecore helps...

Lifecore Biomedical Sets Third Quarter 2023 Earnings Conference Call for June 1, 2023 at 7:30 a.m. CT

Written by Customer Service on May 22, 2023. Posted in Public Companies.

CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it will host a conference call to discuss fiscal 2023 third quarter financial results. The live webcast can be accessed via Lifecore’s website on the Investor Events & Presentations page. The webcast will be available for 30 days. Date: Thursday, June 1, 2023 Time: 7:30 a.m. Central time (8:30 a.m. Eastern time) Direct Webcast link: https://viavid.webcasts.com/starthere.jsp?ei=1612746&tp_key=4b15043655 To participate in the conference call via telephone, dial toll-free: 1-844-826-3033 (U.S.) or 1-412-317-5185 (International). Please call the conference telephone number 5-10 minutes prior to the start time so the operator...

Fresh Vine Wine Provides First Quarter Fiscal 2023 Business Update

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

New Leadership Refreshing Strategy and Direction Laser-Focused on Accelerating Sales Growth New Marketing Strategy will Leverage Extensive Platform, Award-Winning Wines, Growing National Brand Recognition and Celebrity Endorsements to Increase Sales Across Wholesale, Retail, Online and DTC Channels MINNEAPOLIS, May 22, 2023 (GLOBE NEWSWIRE) — Fresh Vine Wine, Inc. (NYSE American: VINE), the leading producer of premium lower carb, lower sugar, and lower calorie wines in the United States, today provided a business update and reported its financial results for the three months ending March 31, 2023. The Company reported continued progress over the first three months of 2023, adding new wholesale and retail points of distribution while continuing to aggressively market through its online and direct-to-consumer channels (DTC). On...

Smart for Life Announces Q1 2023 Financial Results and Provides Business Update

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

MIAMI, May 22, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today provided a business update and reported financial results for the three months ended March 31, 2023. “We continue to leverage our buy-and-build M&A strategy that is focused on both vertical and horizontal integration, as well as focusing on our manufacturing capabilities and developing proprietary products as part of our organic growth initiatives,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Towards that end, we recently announced that we have launched an innovative line of proprietary and healthy high protein ice cream bars, representing a completely...

Day: May 22, 2023

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