Day: August 21, 2023

Digital Fault Recorder Market Set to Soar Past USD 5.46 Billion by 2030

Written by Customer Service on August 21, 2023. Posted in Mergers And Acquisitions.

The global Digital Fault Recorder market size is expected to reach USD 5.46 billion by 2030 and exhibit a CAGR of 7.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for reliable power supply, growing adoption of digital substations, rising focus on grid modernization and smart grid initiatives, need for effective fault detection and analysis, integration of advanced communication technologies are fueling the market’s growth. Westford, USA, Aug. 21, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Digital Fault Recorder market, increasing adoption of Internet of Things (IoT) technology, emergence of big data analytics for fault analysis, integration of artificial intelligence (AI) and machine learning (ML) algorithms, deployment...

Franchise Group, Inc. Announces Completion of Merger

Written by Customer Service on August 21, 2023. Posted in Mergers And Acquisitions.

DELAWARE, Ohio, Aug. 21, 2023 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”), today announced that a buyer group including members of the senior management team of the Company, led by Brian Kahn, the Company’s Chief Executive Officer, in a financial partnership with a consortium that includes certain of Brian Kahn’s affiliate entities, B. Riley Financial, Inc. and Irradiant Partners, successfully completed its acquisition of Franchise Group (the “Merger”). As a result of the Merger’s completion, Franchise Group’s common stock and preferred stock will cease trading prior to the open of market today and will be delisted from the Nasdaq Global Select Market. Holders of Franchise Group’s common stock should refer to the letter of transmittal and related instructions distributed...

Ascendiant Capital Markets: Society Pass Inc. (Nasdaq: SOPA) 2Q 2023 Saw Strong Revenue Growth of 338% Year on Year; Major Acquisition and Expected Cash Probability in 2H 2023 to Drive Share Price Higher

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

NEW YORK, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Ascendiant Capital Markets LLC (“Ascendiant”) initiates equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click Here (on Society Pass website) or Here (on Ascendiant Capital Markets website) to view the full Ascendiant Capital Markets Equity Research Report. Summary Points:Strong 2Q 2023 Revenue Growth: SoPa reported its quarterly financial results on 10 August with 2Q 2023 revenues totaling $2.2 million, representing a 338% y-o-y. Major M&A: Announced in July 2023, the Company entered into an agreement to acquire 95% of PT Inetindo Info (“Inetindo”), a wholly subsidiary of Story-I Limited (“Story-I”). Inetindo is a leading...

Office-based Labs Market to Surpass 88.77 Billion by 2030 Drives Due to Wide Range of Medical Services and Procedures

Written by Customer Service on August 21, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the office-based labs market will attain a value of USD 88.77 billion by 2030, with a CAGR of 8.36% over the forecast period (2023-2030). The office-based labs market is experiencing rapid growth within the healthcare industry, offering patients a convenient alternative for a wide range of medical services and procedures. OBLs are physician-owned and operated facilities that provide a cost-effective and patient-centric approach to healthcare delivery. Westford, USA, Aug. 21, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the office-based labs market has witnessed increased office based labs (OBLs) adoption owing to several key factors. OBLs offer high workability, providing healthcare professionals with a flexible and efficient environment for patient care. The structured setup of OBLs ensures stability and...

SAB Biotherapeutics Provides Company Update for Q2 2023 Financial Results

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

SIOUX FALLS, S.D., Aug. 21, 2023 (GLOBE NEWSWIRE) — SAB Biotherapeutics (Nasdaq: SABS), (SAB), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that produces specifically targeted, high-potency, fully-human immunoglobulins (hIgG), also known as fully-human polyclonal antibodies, without the need for human donors, today reported financial results for the second quarter ended June 30, 2023, and provided a company update. “We are pleased to share the significant progress achieved during the second quarter of 2023. Our commitment to advancing transformative immunotherapies remains unwavering, with a renewed strategic focus on Type 1 Diabetes through our SAB-142 program, a first-in-class fully human immunotherapeutic being developed for delaying onset and progression of Type 1 Diabetes. SAB-142 is...

Better Choice Company, Inc. Announces Second Quarter 2023 Results

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

Enhanced Operational and Financial Discipline33% Growth in EPS Year-Over-YearGross Margin Growth of 543 Basis Points Year-Over-YearOperating Margin Growth of 127 Basis Points Year-Over-Year TAMPA, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) — Better Choice Company, Inc. (NYSE American: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, Friday announced its results for the second quarter ended June 30, 2023 (“Q2 2023”). SECOND QUARTER 2023 FINANCIAL HIGHLIGHTSNet revenue increased 14% from first quarter 2023 to $10.6 million Gross margin increased 543 basis points year-over-year (“YOY”) to 34% Operating loss improved 39% YOY to $(2.6) million Operating margin improved 127 basis points YOY to (-25%) Net loss improved 32% YOY to $(3.0) million Earnings (loss) per share (“EPS”) improved 33% YOY to ($0.10) Adjusted...

Infinera to Present at the Rosenblatt Virtual Technology Summit on August 23, 2023

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

SAN JOSE, Calif, Aug. 21, 2023 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) announced today that Infinera executives will participate in a fireside chat at the Rosenblatt Virtual Technology Summit this week. Rosenblatt Virtual Technology SummitDate: Wednesday, August 23, 2023Presentation: 4pm ET/1PM PTSpeakers: David Heard, CEO; Nancy Erba, CFO; Amitabh Passi, Head of Investor RelationsWebcast: investors.infinera.com and click on “Events” Contacts: Media:Anna VueTel. +1 (916) 595-8157avue@infinera.com Investors:Amitabh PassiHead of Investor RelationsTel. +1 (669) 295-1489apassi@infinera.com About InfineraInfinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate...

Skyharbour Resources Receives $1.65 Million from Warrant Exercises

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

Vancouver, BC, Aug. 21, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce it has received an aggregate CAD $1,647,800 from the exercise of share purchase warrants with a strike price at $0.22 since August 14th, 2023. A total of 7,490,000 warrants have been exercised from the batch of warrants expiring August 18th, 2023. The Company is well funded for future drilling at its co-flagship Russell Lake and Moore Lake Uranium Projects later this year and into the new year. Skyharbour has also continued to receive cash payments and share issuances from its various option partners as a part of its prospect generator business. About Skyharbour Resources Ltd.: Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca...

FTAC Zeus Acquisition Corp. Announces Cancellation of Special Meeting and Redemption of Public Shares

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

Philadelphia, PA, Aug. 21, 2023 (GLOBE NEWSWIRE) — FTAC Zeus Acquisition Corp. (NASDAQ:ZING) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced its decision to cancel its special meeting scheduled for Monday, August 21, 2023. The Company also announced that, because it will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (as amended, the “Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, effective as of the close of business on August 23, 2023, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”) at...

Spirax Sarco will be presenting and exhibiting at PACK EXPO, Las Vegas

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

Learn how to achieve net zero goals, through system efficiency, connected insights, and decarbonization options throughout the steam system. Blythewood, South Carolina, Aug. 21, 2023 (GLOBE NEWSWIRE) — Steam and energy experts from Spirax Sarco USA will be showcasing high-quality, sterile, and sustainable solutions with a diverse product range at PACK EXPO, Las Vegas Convention Center on September 11 – 13, 2023. Attendees are invited to booth N-10424 to speak to steam and energy experts about their business needs and to see products that will help customers in the Pharmaceutical, and Food & Beverage industries minimize waste, reduce CO2 emissions, and improve process efficiency in their steam systems. At 10:00 AM on Tuesday, September 12, 2023, Alex Rosa, Spirax Sarco Senior Manager, Applications, Sales & Support,...

Day: August 21, 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice