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Day: May 26, 2023

Genesis Growth Tech Acquisition Corp. Receives Notice from Nasdaq Regarding Delayed Quarterly Report

NIDWALDEN, Switzerland, May 26, 2023 (GLOBE NEWSWIRE) — Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAA) (“GGAA” or “Genesis”), announced today that it had received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating GGAA was not in compliance with Nasdaq Listing Rule 5250(c)(1), as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2023 and for remaining delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2022. The Nasdaq notification letter has no immediate effect on the listing of the Company’s units, common stock or warrants on The Nasdaq Global Market. The Nasdaq notification letter provides the Company until June 20, 2023, to submit a plan to Nasdaq to regain compliance with...

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Dynamic Technologies Announces Termination of Sales and Investment Solicitation Process and Extension of Stay

WINNIPEG, Manitoba, May 26, 2023 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (NEX: DTG.H, OTC:ERILF) (“Dynamic” or “Company”) announces that, further to the previously announced sales and investment solicitation process (the “SISP”) under the Companies’ Creditors Arrangement Act (the “CCAA”), on May 9, 2023, FTI Consulting Canada Inc., the court-appointed monitor (the “Monitor”) terminated the SISP to enable Dynamic and its subsidiaries, Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd. and Dynamic Attractions Inc. (collectively, the “Subsidiaries”) to finalize the definitive agreements for the sale transaction (the “Sale Transaction”) contemplated by the high value letter of intent provided by Promising Expert Limited. The closing of the proposed Sale Transaction is subject to certain standard...

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RF Acquisition Corp. Receives Notice From Nasdaq Regarding Delayed Quarterly Report

WILMINGTON, Del., May 26, 2023 (GLOBE NEWSWIRE) — RF Acquisition Corp. (NASDAQ: RFACU, RFAC, RFACW, RFACR) (the “Company”) announced today that on May 24, 2023 it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company failed to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. Under Nasdaq rules, the Company has 60 calendar days, or until July 24, 2023, to submit a plan to regain compliance with the Rule. If Nasdaq accepts the Company’s plan, then Nasdaq...

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electroCore, Inc. Announces Departure of JP Errico from the Board of Directors

ROCKAWAY, N.J., May 26, 2023 (GLOBE NEWSWIRE) — electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, today announced the resignation of its Founder and former CEO, JP Errico from the Board of Directors. Mr. Errico will continue as a consultant and strategic advisor to the Company, focused on supporting the growth and direction of the wellness and human performance brands, Truvaga™ and TAC-STIM™. “We are fortunate that electroCore will continue to benefit from Mr. Errico’s experience in the neuromodulation industry, his understanding of the physiology of the vagus nerve, and his knowledge of the markets and therapeutic mechanisms of our products, despite his absence from the Board room,” said Daniel Goldberger, Chief Executive Officer of electroCore. “He will continue to...

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TCRC Ratifies CN Collective Agreement

MONTREAL, May 26, 2023 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that the Teamsters Canada Rail Conference (TCRC) has ratified its collective agreement with the Company. The union represents approximately 6,000 CN Locomotive Engineers, Conductors, Yard Conductors, and Yard Coordinators working in Canada. “We are pleased that TCRC members have ratified the collective agreement reached earlier this year. We thank the TCRC leadership for their engagement throughout this process.  We remain committed to working with this important group to ensure continued service for our customers and improved working conditions for our team members.”                                     – Tracy Robinson, President and Chief Executive Officer, CN About CNCN is a world-class transportation leader and trade-enabler. Essential...

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BULGOLD Announces Refiling of First Quarter Financial Results for Three Months Ended March 31, 2023

TORONTO, May 26, 2023 (GLOBE NEWSWIRE) — BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announced that it has refiled its unaudited condensed interim financial statements and MD&A for the first quarter ended March 31, 2023. It was determined that a subsequent note should be added to the financial statements and MD&A regarding the Company’s non-brokered private placement which was announced on May 11, 2023 (the “Offering”). The Offering is for gross proceeds of up to $3,500,000 from the sale of units of the Company (each, a “Unit”) at a price of $0.30 per Unit (the “Issue Price”). Each Unit will consist of one common share of the Company (each a “Unit Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant shall entitle...

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Issue of additional 5 MEUR Green Bonds issue of UAB “Atsinaujinančios energetikos investicijos”

The Company on 24 May 2023, has successfully distributed under private placement an additional 5 MEUR Green Bonds issue at 8.5% yield under Company’s 100MEUR Note Programme. Additionally issued bonds will be tapped to already issued bonds under ISIN LT0000405938. The bonds were subscribed by individuals and legal entities. The additional 5 MEUR Green Bonds issue (issue date 24 May 2023) is expected to be listed on the Baltic Bond main list of Nasdaq Vilnius, thereby supplementing the previously listed bonds under ISIN LT0000405938, during the period of 30 days after the date hereof. Additional information:Issuer’s full name UAB „Atsinaujinančios Energetikos Investicijos“Issuer’s short name AEIB050025ASecurities ISIN code LT0000405938Nominal value of one bond 100 000 EURNumber of additional bonds 50Total number...

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Issue of additional 5 MEUR Green Bonds issue of UAB “Atsinaujinančios energetikos investicijos”

The Company on 24 May 2023, has successfully distributed under private placement an additional 5 MEUR Green Bonds issue at 8.5% yield under Company’s 100MEUR Note Programme. Additionally issued bonds will be tapped to already issued bonds under ISIN LT0000405938. The bonds were subscribed by individuals and legal entities. The additional 5 MEUR Green Bonds issue (issue date 24 May 2023) is expected to be listed on the Baltic Bond main list of Nasdaq Vilnius, thereby supplementing the previously listed bonds under ISIN LT0000405938, during the period of 30 days after the date hereof. Additional information:Issuer’s full name UAB „Atsinaujinančios Energetikos Investicijos“Issuer’s short name AEIB050025ASecurities ISIN code LT0000405938Nominal value of one bond 100 000 EURNumber of additional bonds 50Total number...

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EXL to Participate in TD Cowen 2023 Technology, Media and Telecom Conference

NEW YORK, May 26, 2023 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (“EXL”) (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced that Maurizio Nicolelli, executive vice president and chief financial officer, will participate in the 2023 TD Cowen Technology, Media and Telecom Conference in New York on Wednesday, May 31, 2023. There will be no formal presentation at this event. About ExlService Holdings, Inc.EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company that partners with clients to improve business outcomes and unlock growth. By bringing together deep domain expertise with robust data, powerful analytics, cloud, artificial intelligence (“AI”) and machine learning (“ML”), we create agile, scalable solutions and execute complex operations...

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Titan Medical Signs License Agreement with Intuitive Surgical

TORONTO, Ontario, May 26, 2023 (GLOBE NEWSWIRE) — Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD; OTC: TMDIF) announced today that the Company has entered into a license agreement (“Agreement”) with Intuitive Surgical, Inc. (“Intuitive”) (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (“RAS”), for an upfront payment of US$7.5 million in respect of certain intellectual property (“IP”) of Titan. Under the Agreement, Titan has granted Intuitive a non-exclusive license to all of Titan’s IP, with the exception of the IP that is exclusively licensed to another party under a June 2020 license agreement. Titan retains ownership of the licensed IP, along with the associated rights including the right to continue to develop and commercialize the technologies covered...

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