Day: August 21, 2023

NorthWest Copper Issues Letter to Shareholders and Files Management Information Circular, Urges Shareholders to Vote Only the BLUE Proxy FOR NorthWest’s Nominees to Protect Their Investment in the Company

Written by Customer Service on August 21, 2023. Posted in Public Companies.

BLUE proxies must be received by the proxy voting deadline of 10:00 a.m. (Vancouver time) on September 15th, 2023 in order to be counted at the Annual Meeting Shareholders should contact NorthWest’s strategic shareholder advisor, Kingsdale Advisors, at 1-888-518-1565 (toll-free in North America) or 1-647-251-9704 (collect call outside North America) or emailcontactus@kingsdaleadvisors.com, if they have questions or require assistance voting their BLUE proxyVANCOUVER, British Columbia, Aug. 21, 2023 (GLOBE NEWSWIRE) — NorthWest Copper Corp. (“NorthWest” or the “Company“) (TSXV:NWST) (OTCQX: NWCCF) today announced that it has issued a Letter to Shareholders and filed a Management Information Circular (the “Circular”) for the Company’s upcoming Annual Meeting of the Company’s shareholders (the “Meeting“). The...

Tingo Group to Postpone Second Quarter 2023 Earnings Release, Conference Call and Filing of Form 10-Q

Written by Customer Service on August 21, 2023. Posted in Public Companies.

MONTVALE, N.J., Aug. 21, 2023 (GLOBE NEWSWIRE) — Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) announced today that it has further postponed its second quarter 2023 earnings release and conference call and the filing of its Form 10-Q for the period ended June 30, 2023. Although progress has been made with regard to the independent review of the allegations made in the Hindenburg short-seller report, the independent review is still ongoing. As such, the Company and the independent auditors require additional time to complete the preparation of the Form 10-Q and financial statements. About Tingo Group Tingo Group, Inc. (NASDAQ: TIO) is a global Fintech and Agri-Fintech group of companies with operations in Africa, Southeast Asia and the Middle East. Tingo Group’s wholly owned subsidiary, Tingo Mobile, is a leading Agri-Fintech...

(Corrected) Global Tech Industries Group, Inc. acquires AI Commerce Group, LLC., through a binding Membership Interest Purchase Agreement

Written by Customer Service on August 21, 2023. Posted in Public Companies.

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) — (GTII: OTC) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com, announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient. The new company would become part of GTII through the incorporation of a new, wholly owned subsidiary. AI GROUP was incorporated to take advantage of the inefficiencies in ecommerce by using AI technologies. The team is made up of experts in digital marketing, ecommerce, sourcing and...

Halmont Properties Corporation First Six Months Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that the diluted net income attributable to shareholders for the six months ended June 30, 2023, was $4.24 million as compared to $10.16 million for the six months ended June 30, 2022.(millions, except per share amount) Six months ended June 30, 2023 June 30, 2022 Revenue $ 8.26 $ 16.68 Net income – total 5.02 10.72 – diluted to shareholders 4.24 10.16 Diluted net income per share for common shareholders 2.26 ¢ 5.57 ¢ Given the deteriorating rental market for low-rise commercial office space that has occurred over the past two years, we took proactive measures to adapt to the changing...

Ocugen Provides Business Update with Second Quarter 2023 Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Conference Call and Webcast Tomorrow at 8:30 a.m. ET • Investigational New Drug (IND) Applications Cleared for Novel Gene Therapies for Geographic Atrophy Secondary to AMD and for Stargardt Disease • OCU400 Clinical Study Results Update Expected This Quarter MALVERN, Pa., Aug. 21, 2023 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today reported second quarter 2023 financial results along with a general business update. “We continue to advance our pipeline to provide solutions for patients living with serious diseases but without effective treatment options,” said Dr. Shankar Musunuri, Chairman, Chief Executive Officer, and Co-Founder of Ocugen. “It remains our plan to...

ZyVersa Therapeutics Reports Second Quarter 2023 Corporate and Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Key Highlights:Advanced clinical development initiatives for Cholesterol Efflux Mediator™ VAR 200, with planned initiation of a Phase 2a clinical trial in diabetic kidney disease (DKD) in the first quarter of 2024 Granted a European patent covering Phase 2a-ready Cholesterol Efflux MediatorTM VAR 200 (2-hydroxypropyl-beta-cyclodextrin) for use in diabetic nephropathy/diabetic kidney disease Published new white paper detailing the critical role of inflammasome ASC in inflammatory diseases, and the potential of Inflammasome ASC Inhibitor IC 100 to address multiple CNS and non-CNS diseases Added Dr. Douglas Golenbock to ZyVersa’s Inflammatory Disease Scientific Advisory Board to support advancement of Inflammasome ASC Inhibitor IC 100WESTON, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) — ZyVersa Therapeutics, Inc. (Nasdaq-GM: ZVSA;...

Motorsport Games Reports Second Quarter 2023 Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Motorsport Games Reports Q2 2023 Financial ResultsMotorsport Games Reports Q2 2023 Financial ResultsMIAMI, Aug. 21, 2023 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its second fiscal quarter ended June 30, 2023. The Company has also posted Q2 2023 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company’s investor relations website. All share data and share-based calculations set forth in this press release have been adjusted to reflect the Company’s 1-for-10 reverse stock split completed on November 10, 2022 on a retroactive basis for the periods presented. Stephen Hood, Chief Executive Officer of Motorsport Games, commented, “During these past few months since my return, we’ve entered...

Dragonfly Energy Reports Second Quarter 2023 Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

U.S. lithium battery cell pilot program complete; full cell production expected by year end RENO, Nev., Aug. 21, 2023 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today reported its financial and operational results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial HighlightsNet Sales were $19.3 million, compared to $21.6 million in Q2 2022 Gross Profit was $4.1 million, compared to $7.0 million in Q2 2022 Operating expenses were $(12.5) million, compared to $(7.6) million in Q2 2022 Net Loss of $(11.7) million, compared to a Net Loss of $(1.5) million in Q2 2022 Diluted Loss per share was $(0.25) compared to $(0.04) in Q2 2022 EBITDA of $(7.3) million,...

Zoom Video Communications Reports Financial Results for the Second Quarter of Fiscal Year 2024

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Second quarter total revenue of $1,138.7 million, up 3.6% year over year as reported and 4.5% in constant currency Second quarter Enterprise revenue of $659.5 million, up 10.2% year over year Second quarter GAAP operating margin of 15.6% and non-GAAP operating margin of 40.5% Second quarter operating cash flow of $336.0 million, up 30.6% year over year Number of customers contributing more than $100,000 in trailing 12 months revenue up 17.8% year over yearSAN JOSE, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the second fiscal quarter ended July 31, 2023. “Our mission of delivering limitless human connection remains core as we continue to innovate and expand our platform to help bring value and enhanced productivity to our customers with new AI features...

Sagimet Biosciences Reports Second Quarter 2023 Financial Results and Provides Corporate Updates

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Completed upsized initial public offering raising $96.4 million in gross proceeds Presented positive data at EASL Congress 2023 from the planned interim readout of the Phase 2b FASCINATE-2 trial in NASH showing denifanstat was well-tolerated and met week 26 liver fat response endpoint On track to report topline week 52 liver biopsy results from Phase 2b FASCINATE-2 trial in the first quarter of 2024 Implemented leadership changes with Tony Rimac assuming the position of Chief Financial Officer and Liz Rozek joining as General Counsel & Chief Compliance Officer SAN MATEO, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) — Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic pathways, today reported financial results for the second quarter...

Day: August 21, 2023

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