Month: June 2023
Company trades at a discount to its current cash position of $135M or $0.38 per share. As of its most recently filed form 10-Q on March 31, 2023, the Company’s book value was $2.08 per share.
BREA, Calif., June 15, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today provides a business update letter to shareholders.
Dear Shareholder,
We want to respond to the many emails and calls regarding the decrease in our share price. Since March 31, 2023, our stock has declined 90% from $3.25 per share. On June 13, 2023, the Company’s common stock closed at $0.32 per share. The Company currently trades at a discount to its current cash position of $135 million or $0.38 per share.
Despite the decline in stock price, management believes...
Cavitation Technologies, Inc. and Eagle Ford Silica Sand, LLC Have Signed a Letter of Intent to Merge Their Operations
Written by Customer Service on . Posted in Mergers And Acquisitions.
CHATSWORTH, CA, June 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Cavitation Technologies, Inc.(“CTi” or the “Company”) (OTCQB: CVAT), a leading ESG company, which designs and manufactures innovative flow-through nano-technology systems for fluid processing applications worldwide, is pleased to announce that it has entered into a Letter of Intent to acquire Eagle Ford Silica Sand, LLC (“Eagle Ford”), former Proppant Tech LLC, at a valuation of approximately $20 million, which CTi anticipates funding through equity and debt financing. Eagle Ford owns approximately 180 acres of land near San Antonio and a producer of silica sand which is an essential component used in fracking operations in the oil and gas extraction industry. Eagle Ford operates silica sand extraction plant at approximate daily rate of 2,000 metric tons per day...
Splash Beverage Group Expands Distribution in Eastern US
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Agreements with Brown Distributing in Virginia and Maine’s Pine State Beverage
FORT LAUDERDALE, FL, June 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has broadened its growing distribution coverage. In Central Virginia, Splash has expanded its existing partnership with Brown Distributing, in which Brown will now add TapouT and Pulpoloco to its portfolio of beverages. In addition, Splash announced a partnership with Pine State Beverage, covering the majority of the state of Maine. The two companies have entered into distribution agreements for two of Splash’s top-selling brands, Copa di Vino and Pulpoloco.
Known for its commitment to delivering superior...
David Hughes Named General Manager of WOIO and WUAB in Cleveland
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ATLANTA , June 15, 2023 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced the promotion of David Hughes as the next General Manager of Gray’s WOIO (CBS) and WUAB (CW) in Cleveland, Ohio. He succeeds Matt Moran, who recently became a Senior Managing Vice President at Gray. David joins the Cleveland stations on June 26, 2023.David has served as General Manager of Gray’s WSAZ-TV (NBC) and WQCW (CW) in Charleston-Huntington, West Virginia, since December 2021. Previously, he led Gray’s WVIR (NBC) in Charlottesville, Virginia, as General Manager and, prior to that position, he served as the news director at Gray’s WDBJ (CBS) in Roanoke, Virginia. David’s career includes various roles in the news departments at WFLA in Tampa, Florida, WRAL in Raleigh, North Carolina, and WMAZ in Macon, Georgia.
About Gray:...
AMERANT BANK NAMED THE OFFICIAL BANK OF RICE UNIVERSITY ATHLETICS
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Comprehensive partnership includes co-branded affinity cards and other prominent branding opportunitiesAmerant Official Bank of the Rice Owls
Billboard mock-upHouston, Tx, June 15, 2023 (GLOBE NEWSWIRE) — Amerant Bank, one of the nation’s largest community banks, with a growing presence in Houston, has been named the Official Bank of Rice University Athletics, underscoring its commitment to the Houston community. The multifaceted partnership includes prominent branding throughout university athletic venues, special events, online channels and more, as well as the ability to provide banking services to athletics fans, donors, students, and the surrounding community.
The bank has been serving the greater Houston market since 2001 and entered the strategic partnership on the heels of its recent plans for expansion and appointment...
Takeda and HUTCHMED Announce Marketing Authorization Application of Fruquintinib for Previously Treated Metastatic Colorectal Cancer Validated by the European Medicines Agency
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— Application Includes Data from Phase III FRESCO-2 and FRESCO Clinical Trials, which Demonstrated Superiority of Fruquintinib Plus Best Supportive Care (“BSC”) vs. Placebo plus BSC for Adult Patients with Previously Treated Metastatic Colorectal Cancer —
OSAKA, Japan and CAMBRIDGE, Mass. and HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., June 15, 2023 (GLOBE NEWSWIRE) — Takeda (TSE:4502/NYSE:TAK) and HUTCHMED (China) Limited (Nasdaq/AIM:HCM, HKEX:13) (“HUTCHMED”) today announced that the European Medicines Agency (“EMA”) has validated and accepted for regulatory review the marketing authorization application (“MAA”) for fruquintinib, a highly selective and potent inhibitor of vascular endothelial growth factor receptors (“VEGFR”) -1, -2 and -3 for the treatment of adult patients with previously treated metastatic colorectal...
The Fabric of Healthcare: Innovative Solutions for Medical Textiles
Written by Customer Service on . Posted in Mergers And Acquisitions.
SkyQuest’s Healthcare Fabrics market report provides actionable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is produced and published concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections.
Westford, USA, June 15, 2023 (GLOBE NEWSWIRE) — The global Healthcare Fabrics market size is expected to reach USD 33.46 billion by 2030 and exhibit a CAGR of 7% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for hygiene and infection control in healthcare...
Nanomaterials: The future of healthcare and electronics
Written by Customer Service on . Posted in Mergers And Acquisitions.
SkyQuest’s Nanomaterials market report provides actionable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is produced and published concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections.
Westford, USA, June 15, 2023 (GLOBE NEWSWIRE) — The global Nanomaterials market size is expected to reach USD 32.83 billion by 2030 and exhibit a CAGR of 14.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing demand for nanomaterials in various applications such as electronics,...
Annual Financial Report for the Year Ended 31 March 2023
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15 June 2023
NORTHERN 3 VCT PLC
ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2023
Northern 3 VCT PLC is a Venture Capital Trust (VCT) managed by Mercia Fund Management Limited. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth
Financial highlights (comparative figures as at 31 March 2022):
Year ended
Year ended
31 March
31 March
2023
2022
Net assets
£113.0m
£106.9m
Net asset value per share
91.6p
97.9p
Return per share
Revenue
(0.1)p
0.4pCapital
(1.5)p
(0.5)pTotal
(1.6)p
(0.1)p
Dividend per share declared in respect of the period
Interim dividend
2.0p
2.0pProposed final dividend
2.5p
3.0pTotal
4.5p
5.0p
Cumulative...
Annual Financial Report for the Period Ended 31 March 2023
Written by Customer Service on . Posted in Public Companies.
15 JUNE 2023
NORTHERN VENTURE TRUST PLC
ANNUAL FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2023
Northern Venture Trust PLC is a Venture Capital Trust (VCT) whose investment adviser is Mercia Fund Management Limited. The trust was one of the first VCTs launched on the London Stock Exchange in 1995. It invests mainly in unquoted venture capital holdings and aims to provide high long-term tax-free returns to shareholders through a combination of dividend yield and capital growth.
This report covers the eighteen month period to 31 March 2023.
Financial highlights (comparative figures as at 31 March 2022 and 30 September 2021):
18m period ended
Unaudited 12m period ended
Unaudited 12m period ended
Year ended
31 March
31 March
31 March
30 September
2023
2023
2022
2021
Net assets
£102.5m
£102.5m
£109.9m
£119.3m
Net...
