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Day: June 20, 2023

TTM Technologies, Inc. Completes a Series of Refinancing Transactions; Announces the Closing of New Asia ABL Facility

SANTA ANA, Calif., June 20, 2023 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ:TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCBs”), today announced the closing of a new Asia asset-based revolving credit facility with committed borrowing capacity of $150 million (the “New Asia ABL Facility”). The New Asia ABL Facility amends and restates TTM’s previous $150 million Asia asset-based revolving credit facility, which was scheduled to mature in June 2024.   The New Asia ABL Facility is scheduled to mature in June 2028 and has a borrowing rate of Term SOFR plus 1.3%. Currently, $30 million is drawn on the new Asia ABL facility, the same as the previous facility. The US and Asia...

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Phunware Launches AI-Enabled Mobile Engagement

AUSTIN, Texas, June 20, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced today its mobile engagement solution is now powered by artificial intelligence (AI). The Company’s new AI-enabled mobile engagement solution leverages sophisticated machine learning algorithms and AI capabilities to deliver personalized, targeted marketing campaigns that are curated for specific users. Phunware’s platform ensures brands can identify, locate and engage the right consumer at the right time — now, AI will help ensure these consumers receive the right message. “The world has evolved beyond ‘one-size-fits-all’ marketing...

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Patriot Glass Solutions, a Division of C-Bond Systems, receives more than $360,000 of Purchase Orders for its Shooter Attack/Safety Film Since May 26th

On May 26th, the Texas Education Agency implemented its final rule to improve school safety With over 125 installations completed, Patriot Glass Solutions is positioned well to assist schools with the implementation of the TEA’s final rule SAN ANTONIO, June 20, 2023 (GLOBE NEWSWIRE) — Patriot Glass Solutions, a division of C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a developer and marketer of glass strengthening solutions for enhanced safety, announced today that it has received more than $361,000 of purchase orders to install shooter attack film/C-Bond BRS (ballistic-resistant system) and C-Bond Secure at schools in Texas since May 26, 2023. On May 26th, the Texas Education Agency implemented its final rule to improve school safety (the “Rule”). With its products already installed in more than 125 schools in Texas,...

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Workhorse Group Announces First Commercial Drone Purchase Orders

CINCINNATI, June 20, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has received its first commercial drone purchase orders for HorseFly™. The Company received purchase orders for two commercial drones, including one from Valqari, a Chicago-based smart mailbox company with international exposure that works with companies, governments, and other organizations to shape the future of drone delivery. “We have made significant progress developing and commercializing our package delivery drones, and we are pleased our customers recognize HorseFly’s market-leading specifications and capabilities,” said Rick Dauch, Workhorse CEO. “It was a privilege to conduct...

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Golden Grail Beverages (OTC: GOGY) Announces Expanded Distribution Agreement With Central & Moon Distributors Including KOZ Water

FORT LAUDERDALE, Fla., June 20, 2023 (GLOBE NEWSWIRE) — Golden Grail Technology, doing business as Golden Grail Beverages (OTC: GOGY), is pleased to announce that Central and Moon Distributors are our distribution partners for KOZ Water along with Spider Energy, Sway Energy and Cause Water in the State of Arkansas. KOZ Water is a premium purified and pH balanced water packaged in completely plastic-free 12oz aluminum can. Research shows plastic bottles are rarely recycled and the U.S. was the 20th biggest contributor to plastic waste in the oceans out of 192 countries according to data from the International Bottled Water Association. Central and Moon Distributors are an Arkansas family-owned Wholesale Wine, Spirits, Beer, and beverage business started by the Hastings family in 1935, currently operating under the 4th generation...

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Gracell Biotechnologies to Participate in Truist Securities Cell Therapy Symposium

SAN DIEGO and SUZHOU and SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — Gracell Biotechnologies Inc. (“Gracell” or the “Company”, NASDAQ: GRCL), a global clinical-stage biopharmaceutical company dedicated to developing innovative and highly efficacious cell therapies for the treatment of cancer and autoimmune diseases, today announced that the management team will participate and host investor meetings in the Truist Securities Cell Therapy Symposium: Symposia-cel on June 27, 2023, in New York, NY. For more information, please visit ir.gracellbio.com. About Gracell Gracell Biotechnologies Inc. (“Gracell”) is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms...

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PaxMedica CEO Interviewed by The BRAIN Foundation

Webcast Link Available at PaxMedica.com TARRYTOWN, NY, June 20, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug therapies (APT) for the treatment of Autism Spectrum Disorder (ASD) and other serious conditions with intractable neurologic symptoms, today announced that its CEO, Howard Weisman, participated in a webcast on Saturday, June 17th, hosted by The BRAIN Foundation.  The core content of the webcast was an interview with Mr. Weisman by The BRAIN Foundation’s co-founder, Sarika Agrawal. The main portion of the video interview can be viewed by following the link posted on PaxMedica’s website, www.paxmedica.com About PaxMedica PaxMedica is a clinical stage biopharmaceutical company focusing on the development...

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BioSyent Announces Long-term Extension of Cathejell® Agreement

MISSISSAUGA, Ontario, June 20, 2023 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its wholly-owned subsidiary, BioSyent Pharma Inc. (“BioSyent Pharma”), has extended its License, Distribution and Supply Agreement with its European partner for the Cathejell® product, extending BioSyent Pharma’s exclusive Canadian rights to Cathejell® until 2034. “We have had considerable success with Cathejell® since launching this product in Canada in 2012,” commented René Goehrum, President and CEO of BioSyent. “Cathejell® has been a consistent contributor to our specialty products portfolio and we look forward to continuing to serve our hospital and urology customers over the long-term with this trusted product.” About Cathejell® Cathejell® combines a sterile gel with lidocaine in a...

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Surgalign Enters Into Definitive Agreement to Sell Global Hardware and Biologics Business Through a Structured Sale Process Under Chapter 11 of the U.S. Bankruptcy Code

DEERFIELD, Ill., June 20, 2023 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) (“Surgalign” or the “Company”) a global medical technology company focused on elevating the standard of care by driving the evolution of digital health, today announced that the Company has entered into an asset purchase agreement (the “Asset Purchase Agreement”) to sell substantially all of its U.S. hardware and biomaterials assets and the equity interests in non-Debtor entities related to the Debtors’ hardware business outside of the U.S. to Xtant Medical Holdings, Inc. (“Xtant”) for $5.0 million. The sale will be effectuated through the chapter 11 proceedings initiated by the Company and certain of its subsidiaries, who elected to file voluntary petitions under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern...

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ApartmentLove Completes Systemwide Upgrade to Vacation Rental Marketing Website OwnerDirect.com

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers from around the world is pleased to announce it has successfully completed a comprehensive update of its vacation rental marketing website OwnerDirect.com. Acquired in the summer of 2022 by ApartmentLove, OwnerDirect.com is a dedicated short-term vacation rental marketing website with a more than 20-year operating history. Serving millions of travelers seeking unique vacation and holiday rental experiences, and after nearly a year in development, OwnerDirect.com is again at the forefront of layout, function, and design. Having successfully automated many of the legacy...

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