Month: July 2023
ZIBO, China, July 12, 2023 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has received 31.35 million yuan (approximately $4.35 million) of VAT (Value Added Tax) rebate for the financial year 2022 on June 16, 2023.
The refund has been approved by the competent tax authority, according to the policy announcement: “Announcement of the Ministry of Finance and the State Administration of Taxation on Further Enhancing the Implementation of the Policy of Value Added Tax at the End of the Period(No. 14, 2022)” and “The Announcement of the Ministry of Finance and the State Administration of Taxation on Expanding the Industry Scope of the Policy of Full Refund of VAT Allowances (No. 21 in 2022)”...
Exela Technologies, Inc. Announces Successful Results and Expiration of Exchange Offer and Consent Solicitation and Satisfaction of 2023 Maturities
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IRVING, Texas, July 12, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced the expiration and final results with respect to the previously announced exchange offer (the “Exchange Offer”) that certain of its subsidiaries (the “Issuers”) launched on June 8, 2023, as amended on June 16, 2023, June 30, 2023 and July 6, 2023, to exchange the Issuers’ outstanding 11.500% First-Priority Senior Secured Notes due 2026 (the “Old Notes”) for new 11.500% First-Priority Senior Secured Notes due 2026 (the “New Notes”) and a solicitation of consents to proposed amendments with respect to the indenture governing the Old Notes (the “Consent Solicitation”).
As of 11:59 p.m., New York City time, on July 7, 2023 (the “Expiration Time”), according to information provided by D.F. King & Co.,...
Westhaven Provides an Update on Its Skoonka North Program: Assays 1,720 ppb Gold in Silt Sample
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Image 2VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) is pleased to provide an update on its 100% owned 6,167 hectare Skoonka North gold property. The Skoonka North gold property is situated northwest of the community of Spences Bridge in south-central British Columbia, within the Kamloops Mining Division. The claims have seen limited exploration work and have yet to be drill tested.
Highlights:1,720 parts per billion (ppb) gold (Au) silt sample: the highest ever assayed by Westhaven on the Spences Bridge Gold Belt (SBGB)
992 ppb Au silt sample
783 ppb Au silt sample
403 ppb Au silt sampleIn April 2023, Westhaven completed a sampling program, collecting 210 soils, 136 stream silts and 103 rocks. Soil and silt sampling targeted previously unsampled...
Nano Dimension’ Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada
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Bistricer Accused of Profiting by Violating Public Retail Investors’ Interest and Canadian Securities Law
Capital Markets Tribunal Hearing is On Illegal Trading ActivityNegates Good Standing for Involvement in Public Companies
The Tribunal Dismissed A Motion Brought by Bistricer on May 8th, 2023 For Additional Disclosure of Documents
The Ontario Securities Commission (the “OSC”) Staff Seeking Orders from the Tribunal That Murchison Owner, Marc Bistricer:Resign From Director or Officer Positions and Prohibits His Appointment to Any Further Positions
Have OSC Registration Terminated
Cease Trading In Any Securities or Derivatives
Not be Allowed to Acquire Any Securities PermanentlyWaltham, Mass., July 12, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively...
Brad Blazar Joins the Legacy Education Team
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Legacy Education Also Signs Letter of Intent With Jessie Hale
CAPE CORAL, FL, July 12, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Legacy Education Alliance, Inc. (OTCQB: LEAI) announced today the appointment of Brad Blazar as an advisor to LEAI, and Chief Investment Officer and Faculty Partner of its subsidiary, Legacy Live. Legacy Education also announced entering into a letter of intent to acquire the digital marketing-focused businesses of Jessie Hale, including Twlv20, Copy Ninjas and Engage.
“Brad Blazar brings a wealth of experience in raising capital, having successfully raised over $2 billion for a diverse collection of businesses,” commented Jerry Conti, the CEO of Legacy Live. “As Chief Investment Officer of Legacy Live, Mr. Blazar is expected to play a crucial role in supporting our mission of providing individuals...
Technip Energies and LanzaTech to Collaborate on Breakthrough CO2-to-Ethylene Technology
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CHICAGO, July 12, 2023 (GLOBE NEWSWIRE) — Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies. Together LanzaTech’s carbon capture and utilization technology with Technip Energies’ Hummingbird® technology transform waste carbon into ethylene, the most common building block in petrochemicals.
Ethylene is a building block for thousands of chemicals and materials, including plastics, detergents, and coatings that keep hospitals sterile, people safe, and food fresh. Its traditional production process is also one of the largest sources of carbon dioxide emissions in the chemical industry and remains one of its most challenging processes to decarbonize. This new joint process uses carbon emissions...
PainReform Announces Pricing of $2.7 Million Concurrent Registered Direct Offering and Private Placement
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TEL AVIV, Israel, July 12, 2023 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced that it has entered into a definitive agreement for the purchase and sale of 301,230 of the Company’s ordinary shares (or pre-funded warrants in lieu thereof), at a purchase price of $9.00 per ordinary share, in a registered direct offering. In a concurrent private placement, the Company has agreed to issue in the offering unregistered warrants to purchase up to an aggregate of 301,230 ordinary shares. The offering is expected to close on or about July 14, 2023, subject to satisfaction of customary closing conditions.
Maxim Group LLC is acting as the exclusive placement...
Nano Dimension Discloses Some of the Landmark Q2/2023 Sales of Its 3D Additive Manufacturing Printers and Additive Electronics’ Robotics Systems
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Customers Include Leading, Large-Scale Western Businesses and Organizations, Generating Over $4 Million of the $14.8 Million in Revenue in the Quarter:Space Exploration Equipment Company
Satellite Equipment Innovator
National Defense Agency
A World Leading Nuclear Research Group
One of the World’s Largest Computer ManufacturersWaltham, Mass., July 12, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it closed a series of landmark sales of Additive Manufacturing printers and Additive Electronics robotics systems in Q2/2023 which are material in size and customers’ profiles that are leading and large-scale...
U.S. Soccer Announces New Multi-Year Joint Photography Partnership with Getty Images and International Sports Images
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A Media Snippet accompanying this announcement is available by clicking on the image or link below:NEW YORK , July 12, 2023 (GLOBE NEWSWIRE) — U.S. Soccer today announced a new multi-year joint partnership with Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, and International Sports Images (ISI), U.S. Soccer’s long-time photo partner, that will provide U.S. Soccer with expanded best-in-class service and photography excellence in coverage.
“We’re excited to add Getty Images to our existing partnership with ISI and have two of the world’s industry leaders in sports and soccer photography for our digital media needs,” said U.S. Soccer Vice President of Marketing Kay Bradley. “This relationship will further evolve our coverage, content creation and storytelling while providing us with the additional...
More Consumers Migrating to Higher Credit Scores Since Beginning of Pandemic, Though Some Borrowers Performing Like Those at Lower Levels
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New TransUnion study shows that taking a more holistic view can help further manage risk for lenders
CHICAGO, July 12, 2023 (GLOBE NEWSWIRE) — A new TransUnion (NYSE: TRU) study, “Score Migration Impact to the Credit Ecosystem,” found that median credit scores – aided by government assistance programs, lower credit usage and loan payment forbearance offerings – increased markedly during the early stages of the COVID-19 pandemic. Now, more than three years since the pandemic started, some consumers who migrated to higher credit score ranges are becoming delinquent on their credit obligations at higher rates than historically observed for those risk tiers.
Among the factors that led to a rise in credit scores in recent years, two have stood out: 1) lower credit balances and utilization, driven by less spending and excess liquidity...