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Day: June 22, 2023

Transactions of persons closely associated with persons discharging managerial responsibilities; planned merger

AS Baltika hereby announces that it has been notified on 22.06.2023 of a transaction whereunder KJK BLTK Holding OÜ acquired and Kaima Capital Eesti OÜ sold 231,578 shares in AS Baltika. KJK BLTK Holding OÜ constitutes a company closely associated with the supervisory board member of AS Baltika Kristjan Kotkas and Kaima Capital Eesti OÜ constitutes a company closely associated with the supervisory board members of AS Baltika Kristjan Kotkas and Lauri Kustaa Äimä. The respective notification obligation arises from Article 19(1) of the Regulation of the European Union and of the Council (EU) No. 596/2014. As a result of the transaction KJK BLTK Holding OÜ holds 48,758,078 shares in Baltika AS i.e. approximately 90.2% of the total share capital of AS Baltika. In addition, AS Baltika hereby announces that KJK BLTK Holding OÜ (hereiafter referred...

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GF commences voluntary recommended public cash tender offer for all shares in Uponor

GF Commences the Voluntary Recommended Public Cash Tender Offer for all Shares in Uponor Uponor Corporation, Stock Exchange Release, June 22, 2023, 3.15 p.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THIS TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. As announced on June 12, 2023, Georg Fischer Ltd. (“GF” or the “Offeror”) and Uponor Corporation (“Uponor” or the “Company”) have, on June 12, 2023, entered into a combination agreement (the “Combination Agreement”) pursuant to which the Offeror will make the voluntary recommended public cash tender offer for all the issued and outstanding shares in Uponor (the “Shares” or, individually, a “Share”) that are not held by...

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Versus Systems Launches New Self-Service, AI-Powered, Rewarded Advertising Platform

New Winfinite Platform Features Customizable Games, Including AI-Powered Trivia, at mywinfinite.com LOS ANGELES, June 22, 2023 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) announced that the Company has now launched a new, self-service version of its powerful digital promotional marketing platform, Winfinite. The self-service platform, which now features AI-powered trivia games, is currently available at mywinfinite.com. With the new Winfinite, advertising agencies, brands, and marketers of any size can create their own interactive, rewarded advertising campaigns that drive customer engagement, incremental sales, and consented first-party data collection. With this self-service update to the Winfinite platform, brands will now be able to take advantage of some of the same tools and systems that...

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Expanding its New Space Activity Worldwide – Maris-Tech Receives a Grant from the Israel Innovation Authority for the Development of Ultra-HD Surround Video And AI-Based System on a budget of 3.17 million NIS ($880 thousand).

The Israel Innovation Authority will provide Maris-Tech with a grant of 1.2 million NIS ($333 thousand) to support the first year development of an innovative system for onboard situation awareness for nanosatellite platforms. Rehovot, Israel, June 22, 2023 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, today announced that it has received a grant from the Israel Innovation Authority (“IIA”) to develop a system for peripheral photography, recording, transmission, and artificial intelligence for nanosatellites and space platforms.  The IIA will fund part of the project’s budget for the first year with a 1.2 million NIS ($333 thousand) grant to Maris-Tech and may grant additional funds to support...

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NB Private Equity Partners Limited: Total Voting Rights Correction

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS 22 June 2023 This is a corrective announcement necessitated by an administrative error, as a result of which the Company wishes to notify the following corrections to the notified Total Voting Rights contained within its recent ‘Transaction in Own Shares’ announcements, as follows:Date of Announcement Total Voting Rights as announced Total Voting Rights as corrected02 June 2023 43,550,980 46,701,38805 June 2023 43,500,980 46,651,38806 June 2023 43,450,980  46,601,38807 June 2023 43,440,980 46,591,388As at the date of this announcement, the figure of 46,591,388 Shares represents the total voting rights in the Company...

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Talaris Therapeutics and Tourmaline Bio Announce Merger Agreement

Merger to create Nasdaq-listed, late-stage clinical biotechnology company focused on developing Tourmaline’s anti-IL-6 antibody (TOUR006) in thyroid eye disease (TED) and atherosclerotic cardiovascular disease (ASCVD) Combined company expected to have approximately $210 million of cash at the transaction close, including approximately $75 million from a concurrent private placement with leading life sciences investors Strong balance sheet expected to support three clinical trials for TOUR006 including a Phase 2b trial in TED, a Phase 2 basket trial in additional TED cohorts, and a Phase 2 trial in ASCVD Talaris stockholders expected to receive approximately $3.43 per Talaris share, including a cash dividend up to approximately $64.8 million and approximately 21.3% of the combined company BOSTON and NEW YORK, June 22, 2023 (GLOBE NEWSWIRE)...

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Mobile Advertising Market Size to Surpass USD 750.21 billion by 2030, exhibiting a CAGR of 23.1%

As per the report by Fortune Business Insights, the global Mobile Advertising Market Size is projected to reach USD 750.21 billion by 2030, at a CAGR of 23.1% during the forecast period. Pune,India, June 22, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Mobile Advertising Market Size was valued at USD 144.07 billion in 2022 and is projected to grow from USD 175.62 billion in 2023 to USD 750.21 billion by 2030, exhibiting a CAGR of 23.1% during the forecast period. The surge is driven by the growing adoption of mobile ads for promoting and running campaigns that are particularly designed for mobile designs. This information is provided by Fortune Business Insights™ in its research report, titled Mobile Advertising Market, 2023-2030. Key Industry Development- November 2022 – Sharethrough announced...

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Foot Orthotic Insoles Market Size to Surpass USD 6.26 Billion in 2030, exhibiting a CAGR of 6.8%

As per the report by Fortune Business Insights, The global foot orthotic insoles market size was USD 3.62 billion in 2022. The market is anticipated to expand from USD 3.96 billion in 2023 to USD 6.26 billion by 2030 at a CAGR of 6.8% over the estimated period. Pune, India, June 22, 2023 (GLOBE NEWSWIRE) — The global foot orthotic insoles market size was USD 3.62 billion in 2022. The market is anticipated to expand from USD 3.96 billion in 2023 to USD 6.26 billion by 2030 at a CAGR of 6.8% over the estimated period. The growth is due to the soaring prevalence of chronic disorders. Additional factors propelling industry expansion comprise robust clinical studies and an escalation in technological advancements. Fortune Business Insights™ cites this information in its research report, titled “Foot Orthotic Insoles Market,...

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OTC Markets Group Welcomes Gram Car Carriers ASA to OTCQX

NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced that Gram Car Carriers ASA (“GCC”) (Oslo Bors: GCC; OTCQX: GCCRF), the world’s third-largest tonnage provider within the Pure Car Truck Carriers (PCTCs) segment, has qualified to trade on the OTCQX® Best Market. GCC is the third Norwegian company to qualify for OTCQX in 2023, and joins our growing roster of Norwegian shipping companies. Gram Car Carriers upgraded to OTCQX from the Pink® market. Gram Car Carriers begins trading today on OTCQX under the symbol “GCCRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market is an important step for companies seeking...

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GXO and Zalando announce partnership to operate future fulfillment center in France

GXO will operate the Zalando fulfillment center in Montereau-sur-le-Jard in the Ile-de-France region The 140,000-square-meter warehouse near Paris will be equipped with state-of-the-art automation technology Up to 2,000 jobs are expected to be created by GXO at the facility that will showcase both companies’ commitment to ESGPARIS, France, June 22, 2023 (GLOBE NEWSWIRE) —  GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has signed a partnership agreement with Zalando for a fulfillment center in Montereau-sur-le-Jard near Paris. The distribution centre will mean that GXO creates approximately 2,000 jobs in the mid-term. “We are delighted to expand our relationship with Zalando with this long-term commitment to manage the company’s customer fulfillment in France, in addition to their...

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