Day: August 16, 2023
SHANGHAI, China, Aug. 16, 2023 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced its unaudited financial results for the second quarter ended June 30, 2023.
Second Quarter 2023 Operating and Financial HighlightsSales volume of ASIC chips was 371,423 units for the second quarter of 2023, representing a decrease of 65.3% from 1,071,845 units for the same period of 2022.
Revenue was RMB13.9 million (US$1.9 million) for the second quarter of 2023, representing a decrease of 91.3% from RMB159.4 million for the same period of 2022.
Net loss was RMB20.5 million (US$2.8 million) for the second quarter of 2023, compared with a net income...
Nevada Exploration Closes $1,430,000 Financing
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Aug. 16, 2023 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to announce that it has closed its previously announced non-brokered private placement offering (the “Offering”), pursuant to which it has issued 13,000,000 units (the “Units”) at a price of $0.11 per Unit, for gross proceeds of $1,430,000.
Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of C$0.20 per Common Share for 36 months after the date of issuance (the “Closing Date”). If after four months plus one day from the Closing Date the closing price (or closing bid price on days when there...
Costco Wholesale Corporation Announces New Board Member
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ISSAQUAH, Wash., Aug. 16, 2023 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced the election to its Board of Directors of Helena Buonanno Foulkes. Most recently, Ms. Foulkes was CEO of Hudson’s Bay Company. Previously she spent 25 years at CVS Health, including as President of CVS Pharmacy and Executive Vice President of CVS Health. Ms. Foulkes is also a member of the boards of directors of Follett Higher Education, PM Pediatrics, Harry’s Inc., and Skillsoft. She recently completed a term as President of Harvard University’s Board of Overseers.
Hamilton (Tony) James, Chairman of the Board, stated: “We are very pleased to welcome Helena as a member of our Board. She is widely recognized as a leading retail executive and advocate for education. She also brings substantial...
CIP Real Estate Acquires Bayside Industrial Complex in Fremont, California for $103.5 million
Written by Customer Service on . Posted in Mergers And Acquisitions.
IRVINE, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) — CIP Real Estate today announced the $103.5 million acquisition of the Clipper Court Commerce Center, an industrial park in Fremont, CA. Situated in the premier master-planned Bayside complex between the 880 Freeway and the San Francisco Bay, the property consists of 352,280 square feet of small and mid-bay industrial and flex units across 14 buildings.
The property is currently 89% leased to a variety of technology and advanced manufacturing tenants including BASF Corp., Hyundai Corp., Kaeser Compressors and CTEMS Company. CIP plans to invest over $5 million in additional capital improvements to bring this rare large industrial park to best-in-class status in the East Bay.
“We look forward to acquiring this unique property due to its size and premium location in Fremont, and gaining...
Verizon restores network coverage in West Maui
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For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center
HONOLULU, Aug. 16, 2023 (GLOBE NEWSWIRE) — Verizon has restored network coverage in West Maui, bringing service to all areas that were covered before the recent wildfires. The company used satellite backhaul solutions to transport voice and data traffic to and from its cell sites that weren’t damaged by the fires. A COLT (Cell on Light Truck) remains in place to provide coverage in the town of Lahaina.
Customers will experience improved indoor and outdoor network coverage around Kāʻanapali along Honoapiilani Hwy (HI-30) from the Kapalua West Maui Airport to Kāʻanapali Golf Course.
Verizon also restored limited service along...
Orca Energy Group Inc. Announces Completion of Q2 2023 Interim Filings
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORTOLA, British Virgin Islands, Aug. 16, 2023 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and six month periods ended June 30, 2023 (“Q2 2023“) with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated. Any terms not defined herein have the meanings given to such terms in the Q2 2023 MD&A.
Jay Lyons, Chief Executive Officer, commented:
“We have had an active first half of the year, with the Company delivering a robust financial and operational performance.
We continue to assess the potential...
Capital Southwest Announces Special Meeting of Shareholders
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Special Meeting to be held on October 11, 2023
DALLAS, Aug. 16, 2023 (GLOBE NEWSWIRE) — Capital Southwest Corporation (the “Company” or “Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an upcoming Special Meeting of Shareholders (the “Special Meeting”) to be held virtually on October 11, 2023.
Shareholders will soon be receiving a formal notice of the Special Meeting and a proxy statement outlining the proposals being considered for a shareholder vote. These matters are of utmost importance and relate to a proposed amendment to the Company’s Charter to increase the number of authorized shares of common stock from 40,000,000 to 75,000,000 shares. The additional...
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Fourth Quarter and Full Year 2023 Earnings Conference Call Wednesday, August 30, 2023
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Live webcast at 8:30 a.m. EDT
VONORE, Tenn., Aug. 16, 2023 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal fourth quarter and full year 2023 earnings conference call on Wednesday, August 30, 2023, at 8:30 a.m. EDT. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and George Steinbarger, President, Crest, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on August 30, 2023.
Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via telephone, please register in advance at this link. Upon...
Keystone Dental Holdings and Check-Cap Ltd Enter into Definitive Business Combination Agreement
Written by Customer Service on . Posted in Mergers And Acquisitions.
Proposed business combination to create a Nasdaq-listed medical device company focused on advancing the commercial execution and market development of Keystone’s comprehensive portfolio of implants, arches and other tooth replacement solutions
Keystone 2022 revenues exceeded $60 million
The combined company will trade on the NASDAQ with the ticker “KSD”
Investor conference call and webcast scheduled for 8:30 a.m. ET on Thursday, August 17th
IRVINE, Calif. and BURLINGTON, Mass., Aug. 16, 2023 (GLOBE NEWSWIRE) — Keystone Dental Holdings, Inc. (“Keystone Dental”) and Check-Cap Ltd. (“Check-Cap” or the “Company”) (NASDAQ: CHEK) today announced that they have entered into a definitive Business Combination Agreement (the “Business Combination Agreement”) under which the stockholders of Keystone Dental...
Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earnings Release and Conference Call
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MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the morning of Wednesday, August 30, 2023. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, August 30, 2023.
The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website...