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Day: July 19, 2023

CuraScientific Announces a Successful Kava Bar Event and $500K Revenue for Q2

PALM SPRINGS, CA, July 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – CuraScientific Corp. (OTC PINK: CSTF) (“CuraScientific” or the “Company”), announces that the expected reported revenues for Q2 will be approximately $500,000+, and the Kava Bar event held on Saturday was a success. The company auditor, BFBorgers CPA PC, and management will file the Q2 in August-2023. The revenues are approximately $200,000 in Cannabis Distribution and $300,000 in Cannabis Retail. The new Kava Bar revenue will be reported in Q3. On Saturday July-15th, the company had a special event at their Palm Desert-California Kava Bar. The location is high-traffic and since its opening it has gained traction with local customers. See the link below for a video of the event. Press LINK to watch KAVA BAR Event; https://www.youtube.com/shorts/LocU5HyN2KA William...

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First Wave BioPharma, Inc. Announces Pricing of $2.1 Million Public Offering

BOCA RATON, Fla., July 19, 2023 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc. (NASDAQ:FWBI) (“First Wave BioPharma” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal diseases, today announced the pricing of a public offering of 3,285,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 6,570,000 shares of its common stock at a combined public offering price $0.64 per share (or pre-funded warrant in lieu thereof) and associated warrants. Each share of common stock (or prefunded warrant in lieu thereof) is being sold together with two warrants, each to purchase one share of common stock. The warrants will have an exercise price of $0.64 per share, are exercisable immediately...

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Aqua Metals and Yulho Form Strategic Partnership, Companies Plan to Deploy Sustainable Lithium Battery Recycling in South Korea

Yulho investing $5 million to accelerate Aqua Metals in the US, licensing low-carbon battery recycling technology for expansion in Asia and the EU RENO, Nev., July 19, 2023 (GLOBE NEWSWIRE) — Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), a pioneer in sustainable lithium-ion battery recycling, today announced it has entered into a strategic partnership with Yulho Co., Ltd. (“Yulho”), an innovative storage solution and battery materials company based in South Korea. By aligning global partnerships and shared expertise, Aqua Metals and Yulho aim to drive innovation in lithium battery recycling and set a new standard for a low-carbon, circular supply of the critical minerals that power an electrified future. Initiating the partnership, Yulho will make a strategic equity investment of $5 million in Aqua Metals,...

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Golden Tag Provides Update on Acquisition of the La Parrilla Silver Mine Complex and Related Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES         TORONTO, July 19, 2023 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company”) (TSX.V: GOG) is pleased to provide the following update regarding its proposed acquisition of the La Parrilla Silver Mine Complex (“La Parrilla”) in Durango, Mexico (the “Transaction”) from First Majestic Silver Corp (“First Majestic”) pursuant to an asset purchase agreement entered into between First Majestic, First Majestic Plata, S.A. DE C.V., and Golden Tag, dated December 7, 2022 (the “Asset Purchase Agreement”) and as previously announced in the Company’s news release dated December 7, 2022. Transaction Update The Transaction is proceeding as previously announced in the Company’s news releases dated May 30 and April 14,...

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Baker Hughes Company Announces Second Quarter 2023 Results

Orders of $7.5 billion for the quarter, up 28% year-over-year. Revenue of $6.3 billion for the quarter, up 25% year-over-year. Net income attributable to Baker Hughes Company of $410 million for the quarter, up $1,248 million year-over-year. Adjusted net income (a non-GAAP measure) attributable to Baker Hughes of $395 million for the quarter, up $281 million year-over-year. GAAP diluted earnings per share of $0.40 for the quarter. Adjusted diluted earnings per share (a non-GAAP measure) was $0.39 for the quarter. Adjusted EBITDA (a non-GAAP measure) of $907 million for the quarter, up 39% year-over-year. Cash flows generated from operating activities were $858 million for the quarter. Free cash flow (a non-GAAP measure) for the quarter was $623 million.HOUSTON and LONDON, July 19, 2023 (GLOBE NEWSWIRE) — Baker Hughes Company...

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Nasdaq Reports Second Quarter 2023 Results; Consistent Execution Drives Solid Revenue Growth

NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the second quarter of 2023.Second quarter 2023 net revenues1 increased 4% compared to the second quarter of 2022. Solutions businesses2 revenues increased 6% with organic growth3 also at 6%. Annualized Recurring Revenue (ARR)4 increased 6% compared to the second quarter of 2022. Annualized SaaS revenues increased 11% and represented 36% of ARR. Anti-Financial Crime revenue increased 19% compared to the second quarter of 2022. Large financial institutions are accelerating their adoption of Verafin’s fraud detection and anti-money laundering solutions, including the previously announced signing of two Tier 1 clients and two Tier 2 clients in the second quarter. Second quarter 2023 GAAP diluted earnings per share decreased...

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CoreCard Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call

NORCROSS, Ga., July 19, 2023 (GLOBE NEWSWIRE) — CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on August 2, 2023, at 11:00 A.M. Eastern Time in conjunction with the company’s earnings release for the quarter ended June 30, 2023. The company plans to issue a press release with the financial results for the period before the market opens on August 2, 2023. Interested investors are invited to attend the conference call by accessing the webcast at https://www.webcast-eqs.com/register/corecard080223/en or by dialing 1-877-407-0890. As part of the conference call CoreCard will be conducting a question-and-answer session where participants are invited to email their questions...

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Dragonfly Energy Completes U.S. Lithium Battery Cell Pilot Line, Begins Manufacturing Anode at Scale Using Patented Dry Deposition Processes

Dragonfly Energy has begun successfully dry depositing anode electrodes using its patented battery manufacturing processes This crucial step deploys patented Dragonfly Energy technology and proves the proprietary processes work at scale, paving a path forward for domestic manufacturing of lithium batteries The patented processes operate within a significantly smaller manufacturing footprint and are chemistry agnostic, allowing for potential wide market expansion by the Company Dragonfly Energy expects to begin cathode production in the third quarter of 2023, with full cells coming off the pilot line by the end of 2023 The pilot line is capable of domestically producing up to 150MWh of LiFePO4 battery cells annually, and production is scalable with additional production linesRENO, Nev., July 19, 2023 (GLOBE NEWSWIRE) — Dragonfly...

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New Sericulture Experts Join Kraig Biocraft Laboratories, Bringing Extensive Experience Supporting Acceleration of Production Ramp-Up

ANN ARBOR, Mich., July 19, 2023 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces today that it has filled two key researcher positions. These new hires hit the ground running with nearly 50 years of combined sericulture experience. The new staff members have been integrated into roles at the intersection of R&D and production to strengthen the transition of new technologies from the lab to the field. The new staff has introduced new egg treatment/hatching protocol systems that could reduce the rearing cycle by up to 40% during scale-up. Once proven, this approach may allow the Company to accelerate the delivery of its four-strain “double hybrid”...

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GeneDx and Prognos Health Announce Strategic Partnership to Help Rare Disease Patients More Rapidly Gain Access to Potential Treatment Options

Partnership allows commercial biopharma companies to leverage real-time data within comprehensive Prognos Marketplace to provide available treatment options for patients NEW YORK and STAMFORD, Conn., July 19, 2023 (GLOBE NEWSWIRE) — GeneDx, a leader in delivering improved health outcomes through genomic and clinical insights, and Prognos Health, the largest real-world integrated data marketplace, today announced a strategic partnership to shorten the treatment odyssey for rare disease patients via real world data. The partnership offers life science companies a comprehensive de-identified dataset specific to rare disease to accelerate access to life saving therapies. Through this partnership, the Prognos Marketplace will integrate GeneDx’s de-identified rare disease data, including regularly updated data as GeneDx continues to...

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