Small Pharma Reports Financial Results for the Fiscal Year Ended February 28, 2023 and Recent Business Highlights

Written by Customer Service on June 28, 2023. Posted in Earnings Releases And Operating Results.

• Multiple clinical milestones achieved including the first proof-of-concept for DMT-based therapies from a blinded placebo-controlled study • Preliminary findings from SPL028 Phase I clinical trial support target drug profile • Operational efficiencies underway to deliver meaningful runway extension LONDON, June 28, 2023 (GLOBE NEWSWIRE) — Small Pharma Inc. (TSXV: DMT) (OTCQB: DMTTF) (the “Company” or “Small Pharma”), a biotechnology company focused on short-duration psychedelic-assisted therapies for mental health conditions, has today published its financial results for the fiscal year ended February 28, 2023. A complete copy of the audited consolidated financial statements prepared in accordance with International Financial Reporting Standards and the corresponding management’s discussion and analysis can be found under the...

Genius Group Launches $1M Entrepreneur Scholarship Fund with AI Entrepreneur Certification

Written by Customer Service on June 28, 2023. Posted in Public Companies.

SINGAPORE, June 28, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a world-leading entrepreneur Edtech and education group has today announced plans to launch a pioneering $1 Million Entrepreneur Scholarship Fund for students enrolling at the California Business School at University of Antelope Valley (UAV) in California, USA. The scholarship fund is available for students applying to enroll in degrees at the Bachelor’s and Master’s levels, including in business with concentrations in entrepreneurship or digital marketing. Students will have the opportunity to obtain an innovative AI Entrepreneur Certificate issued by GeniusU, with a focus on new technologies including Artificial Intelligence (AI) and Augmented Reality (AR), with access to coursework and content delivered by...

Ashland provides update on projected fiscal 2023 third-quarter earnings and financial outlook for fiscal year 2023; announces new $1 billion evergreen share repurchase authorization

Written by Customer Service on June 28, 2023. Posted in Public Companies.

WILMINGTON, Del., June 28, 2023 (GLOBE NEWSWIRE) — Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 third-quarter financial results1 and its outlook for fiscal year 2023 results. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings. Preliminary projected fiscal 2023 third-quarter financial resultsAshland’s projected financial results for the third quarter reflect the following: The continuation and intensification of customer de-stocking across many of the company’s end markets with continued uncertainty about when the de-stocking dynamics will end; As previously communicated, proactive internal inventory-control measures for certain product lines resulting in approximately...

Firan Technology Group Corporation (“FTG”) Announces FTG Circuits Toronto Qualifies for IPC-1791 Qualified Manufacturers Listing (QML)

Written by Customer Service on June 28, 2023. Posted in Public Companies.

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced that IPC’s Validation Services Program has awarded qualification for IPC-1791, Trusted Electronics Fabricator Requirements Qualified Manufacturers Listing (QML) to FTG Circuits Toronto. FTG is a global corporation offering design, development, prototypes and manufacturing solutions for aerospace and defense electronic products and subsystems. The FTG Circuits Toronto facility passed stringent Type 2 fabricator requirements, helping to optimize product quality, reliability, and consistency across the entire manufacturing operations, earning a spot-on IPC’s global network of rigorously vetted, trusted sources. Requirements for qualification and QML listing to IPC-1791 includes product and quality system, supply chain risk...

Genius Group Provides an Update on its Annual Filing

Written by Customer Service on June 28, 2023. Posted in Public Companies.

SINGAPORE, June 28, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, advises that the audit opinion of its audited consolidated financial statements for the fiscal year ended December 31, 2022, included in the Company’s Annual Form on 20F filed with the Securities and Exchange Commission on June 6, 2023, contained a going concern qualification. Release of this information is required by Sections 401(h) and 610(b) of the NYSE American Company Guide. It does not represent any change of amendment to any of the Company’s filings for the fiscal year ended December 31, 2022. About Genius Group Genius Group is a world leading entrepreneur Edtech and education group, with a mission to disrupt the current education model with a student-centered,...

Debra L. Dial Elected to the Hubbell Incorporated Board of Directors

Written by Customer Service on June 28, 2023. Posted in Public Companies.

Shelton, CT, June 28, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. Ms. Dial brings over 25 years of experience in financial reporting and strategy with a Fortune 20 global telecommunications company. Hubbell has added three new independent directors in the last three years as part of its ongoing Board succession program. Hubbell’s Chairman, President and CEO, Gerben Bakker said, “We value the deep experience and perspectives in finance and accounting that Debbie Dial will bring to the Hubbell Board as well as her proven leadership skills in areas such as mergers and acquisitions, business strategy, and risk management. Debbie further strengthens Hubbell’s focus on these key areas, and we are excited...

Chairman’s Comments for the Annual Shareholder Meeting June 27, 2023

Written by Customer Service on June 28, 2023. Posted in Public Companies.

Fort Lauderdale, FL, June 28, 2023 (GLOBE NEWSWIRE) — OptimumBank Holdings, Inc. (NASDAQ: OPHC) Similar to my comments at last year’s Annual Shareholder meeting, I want to focus today on our past year’s results and discuss our expectations for the remainder of 2023. 2022 was a great year for us, as we had a full year of normalized results. There was barely any income from any one-time events, and we saw our net income pre-tax and pre-allowance jump over 74%. We will discuss earnings later, but our story today is still all about growth. The growth in 2023 is a slower growth as we have managed to hold our loan pricing to a spread over SOFR which brings us to over a 3.5% NIM on current deposit pricing. I, for one, am in favor of slowing growth during this strange time in the world with interest rates being as high as they are. For...

WSP Ranks Sixth Among the Best 50 Corporate Citizens in Canada

Written by Customer Service on June 28, 2023. Posted in Public Companies.

MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announces that it has been recognized as one of Canada’s Best 50 Corporate Citizens by Corporate Knights for the third consecutive year. This achievement highlights top scores in environmental metrics, sustainable investment, and diversity. “This recognition is a testament to the dedication and collective efforts of our teams who continuously strive to make a positive impact on society and the environment. We are proud of our Environmental, Social, and Governance (ESG) commitments and performance, and grateful for this acknowledgment,” said Alexandre L’Heureux, President and CEO of WSP. “We take great pride in being ranked once again among the Best 50 Corporate Citizens in Canada, and this accolade fuels our motivation to continue...

Vision Sensing Acquisition Corp. Announces Intention to Extend Period to Consummate Initial Business Combination to August 3, 2023

Written by Customer Service on June 28, 2023. Posted in Mergers And Acquisitions.

MIAMI, June 28, 2023 (GLOBE NEWSWIRE) — Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the “Company”) a special purpose acquisition company, announced today that it has notified Continental Stock Transfer & Trust Company that it intends to extend the date by which the Company must consummate its initial business combination from July 3, 2023 to August 3, 2023 and that its sponsor, Vision Sensing, LLC, intends to deposit into the Company’s trust account an aggregate of $72,562.86 by July 3, 2023 (the “Extension”). In connection with the Extension, the Company intends to issue to its sponsor a non-interest bearing, unsecured promissory note in the principal amount of $72,562.86 as consideration for the funding. This will be the third of up to six one-month extensions that the Company is authorized to obtain under...

Overstock Acquires Bed Bath & Beyond Brand and Other Intellectual Property

Written by Customer Service on June 28, 2023. Posted in Mergers And Acquisitions.

Acquired iconic brand with high consumer awareness, vast customer database, and website domains among other intellectual property Combining Overstock’s asset-light business model with the well-known Bed Bath & Beyond brand Transitioning to single Bed Bath & Beyond domain for quality home products Re-branding Overstock Club O loyalty program as Welcome Rewards SALT LAKE CITY, June 28, 2023 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ: OSTK), a leading online furniture and home furnishings retailer, today announced the consummation of its acquisition of certain intellectual property assets of the Bed Bath & Beyond banner from Bed Bath & Beyond, Inc. under a Bankruptcy Court supervised process. Overstock is hosting a conference call tomorrow, June 29, 2023 at 8.30 a.m. ET, to discuss the transaction. “This...

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Day: June 28, 2023

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