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Day: June 28, 2023

Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2023

Further reducing wafer starts to approach 30% in both DRAM and NAND BOISE, Idaho, June 28, 2023 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2023, which ended June 1, 2023. Fiscal Q3 2023 highlightsRevenue of $3.75 billion versus $3.69 billion for the prior quarter and $8.64 billion for the same period last year GAAP net loss of $1.90 billion, or $1.73 per diluted share Non-GAAP net loss of $1.57 billion, or $1.43 per diluted share Operating cash flow of $24 million versus $343 million for the prior quarter and $3.84 billion for the same period last year“Micron delivered fiscal third quarter revenue, gross margin, and EPS all above the midpoint of the guidance range,” said Micron Technology President and CEO Sanjay Mehrotra. “We believe that the memory industry...

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Press release: The Orange Group announces the completion of its strategic review of Orange Bank and the opening of exclusive negotiations with BNP Paribas

Press release Paris, 28 June 2023    The Orange Group announces the completion of its strategic review of Orange Bank and the opening of exclusive negotiations with BNP Paribas    Intention to withdraw from the retail banking market  Entry into exclusive negotiations with BNP Paribas to support Orange Bank customers  Priority given to employee support measures  All Orange Bank customer services to be maintained throughout the process   As part of a strategic review launched several months ago, Orange initiated a search for a partner to support the development of its banking subsidiary. Following work carried out by the Group’s general management in conjunction with an Ad Hoc Committee made up of the Chairpersons of the Board Committees, and taking into consideration the various analyses and offers already received, the Group’s...

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MasterCraft Adds to Industry’s Most Diverse Towboat Lineup with Introduction of the All-New XT25

The 2024 XT25 Delivers Best-in-Class Wake Surf Abilities with Increased Ballast Capacity, Stylish Features, and Seating for up to 18 People More Waves. More Comfort. More Features. More Smiles. XT25 Enables Friends & Families to Get More Out of their Summer VONORE, Tenn., June 28, 2023 (GLOBE NEWSWIRE) — MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the world’s best-selling towboat brand for five years running, today announced the all-new leader on the water, the XT25. Continuing to build upon the industry’s most diverse towboat lineup, the MasterCraft XT25 was completely redesigned, from the hull up, and delivers industry-leading wakesurfing abilities with increased ballast capacity and class-leading comfort for up to 18 people. Adding to the redesign, the XT25 launches two new...

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GN announces divestment of BelAudição

Continued execution of new capital plan to strengthen capital structure and drive growth  Today, GN has signed an agreement to divest BelAudição, Unipessoal Lda (“BelAudição”) to MCH Private Equity. BelAudição is the owner of the leading retailer of hearing aid solutions in Portugal, AudiçãoActiva, with around 50 hearing aid stores and 2022 revenues of around EUR 35 million and topline growth of 24%. MCH Private Equity is an independent private equity firm based on the Iberian Peninsula with a focus on investing in companies with high potential in attractive sectors. Their mission is to support mid-sized businesses in transformation processes, ranging from the transition of ownership in family-owned companies to the internationalization and development of organic and inorganic growth plans. The transaction demonstrates GN Hearing’s commitment...

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Pieridae Announces the Retirement of Alfred Sorensen

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, June 28, 2023 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae”, “PEL”, or the “Company”) (TSX: PEA) announces that Mr. Alfred Sorensen, Chief Executive Officer of the Company, has indicated to the Company’s Board of Directors (“Board”) that he will be retiring from his roles as Chief Executive Officer and Director shortly. Mr. Sorensen has been instrumental in leading the operations of Pieridae for over a decade. With the completion of the Company’s refinancing, which was a key step in Pieridae’s previously announced strategy to improve financial flexibility and reduce leverage, as well as the Company’s transition away from its LNG project and renewed focus on its upstream and midstream assets in the Canadian Foothills,...

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ESH Acquisition Corp. Announces Closing of Initial Public Offering

Experienced leadership team seeking growing asset in the increasingly technology driven Entertainment, Sports, and Hospitality sectors NEW YORK, NEW YORK, June 28, 2023 (GLOBE NEWSWIRE) — ESH Acquisition Corp. (NASDAQ: ESHAU), a newly organized blank check company formed for the purpose of effecting a business combination, has announced the closing of its initial public offering resulting in gross proceeds of $115 million, including the full exercise of the over-allotment option. The company’s strategic focus is on Entertainment, Sports, and Hospitality (ESH) opportunities, including gaming, with an emphasis on the strategic deployment of innovative technologies in these industries. “Our team has unique and deep entertainment, sports and hospitality sector experience and expertise.  Collectively, the knowledge base and operational...

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TerrAscend Closes on Acquisition of Top Performing Maryland Dispensary, Peninsula Alternative Health

US$14M run rate medical dispensary poised to significantly increase sales with the launch of Maryland’s Adult-Use program on July 1st, and expected to be immediately accretive on an EBITDA and cashflow basis Located in close proximity to Delaware, with no competitors within a 25-mile radius, this dispensary is expected to quickly become one of TerrAscend’s highest performing retail locations nationwide TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of its previously announced acquisition of Derby 1, LLC (d/b/a “Peninsula Alternative Health”), a medical dispensary in Maryland. This transaction adds a second dispensary to the Company’s Maryland footprint in advance...

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Nokia Corporation: Repurchase of own shares on 28.06.2023

Nokia CorporationStock Exchange Release28 June 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 28.06.2023 Espoo, Finland – On 28 June 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 307,044 3.83CEUX 48,280 3.83AQEU 6,398 3.83TQEX 5,778 3.83Total 367,500 3.83* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

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NeuBase Announces $5 Million Concurrent Registered Direct Offering and Private Placement Priced At-the-Market Under Nasdaq Rules

PITTSBURGH, June 28, 2023 (GLOBE NEWSWIRE) — NeuBase Therapeutics, Inc. (Nasdaq: NBSE) (“NeuBase” or the “Company”), a biotechnology company developing Stealth Editors™ to perform in vivo gene editing without triggering the immune system, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 578,697 of its shares of common stock (or common stock equivalents) in a registered direct offering at a purchase price of $2.57 per share (or common stock equivalent) and associated unregistered warrants. In a concurrent private placement, NeuBase has also agreed to issue and sell an aggregate of 1,366,829 of its shares of common stock (or common stock equivalents), at the same purchase price of $2.57 per share (or common stock equivalent) and associated unregistered warrants as...

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Microbot Medical Raises a Total of $7.6 Million in Gross Proceeds from Four Recent Registered Direct Offerings

Microbot Medical Closes Fourth Registered Direct Offering Priced At-The-Market under Nasdaq RulesHINGHAM, Mass., June 28, 2023 (GLOBE NEWSWIRE) — Microbot Medical Inc. (Nasdaq: MBOT) today announced that it closed its previously announced registered direct offering for the purchase and sale of 624,618 shares of the Company’s common stock at a purchase price of $3.25 per share of common stock priced at-the-market under Nasdaq rules. In addition, in a concurrent private placement, the Company issued unregistered series D preferred investment options. The series D preferred investment options to purchase up to 312,309 shares of common stock have an exercise price of $3.19 per share and are immediately exercisable for a period of five and one-half years following issuance. H.C. Wainwright & Co. is acted as the exclusive placement...

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