Day: August 29, 2023

Silo Wellness Announces LOI to Acquire NUGL/Kaya in a Transaction Valued at CAD $43,289,624.60; CSE to Halt Trading Until Shareholder Approval

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

EUGENE, Ore., Aug. 29, 2023 (GLOBE NEWSWIRE) — Silo Wellness, Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) (“SILO”) has confirmed its intention to acquire all of the issued and outstanding securities of NUGL Inc. (OTC Pink: NUGL) (“NUGL” or “TargetCo”) in a transaction valued at CAD $43,289,624.60, subject to the terms and conditions set forth in the binding Letter of Intent executed on August 28, 2023 in an arms-length transaction. Terms of the Transaction:SILO shall hold an annual and general special shareholders meeting to obtain approval for the acquisition of NUGL/Kaya, to elect a new board that would result in a change of control of the resulting issuer, and for a potential share consolidation and potential name change. SILO will acquire 100% of the issued and outstanding shares of NUGL...

UP Fintech Holding Limited Reports Unaudited Second Quarter 2023 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

SINGAPORE, Aug. 29, 2023 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the second quarter ended June 30, 2023. Mr. Wu Tianhua, Chairman and CEO of UP Fintech stated: “In the second quarter, we continued to execute our strategy of optimizing revenue structure and fine-tuning expense management, as a result, we have achieved remarkable growth in profitability compared to the prior quarter and to the same quarter of last year. Our GAAP net income attributable to UP Fintech for the second quarter was US$13.2 million, representing a quarter-over-quarter increase of 65.6%. Our non-GAAP net income attributable to UP Fintech for the second quarter was US$15.3 million, representing...

VEON discloses its 2Q23 unaudited interim condensed consolidated financial statements

Written by Customer Service on August 29, 2023. Posted in Public Companies.

Amsterdam, 29 August 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, following the release of its 2Q23 trading update on 3 August 2023, today discloses unaudited interim condensed consolidated financial statements as of and for the three-month period ended 30 June 2023 and the six-month period ended 30 June 2023 for VEON Ltd. and its wholly-owned subsidiary, VEON Holdings B.V. (the “Financial Statements”). The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/. Notice to reader VEON’s results presented in this press release are, unless otherwise stated, based on IFRS and have not been externally reviewed and audited. The financial information presented herein is based on internal management accounts,...

insightsoftware Acquires Vizlib, Extending Write-Back to Qlik Users

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

Following success with Power ON, insightsoftware takes strategic evolution, growth, and product enhancements to the next level with software to extend visual planning and write-back solution capabilities to Qlik usersinsightsoftware Acquires Vizlib, Extending Write-Back to Qlik UsersFollowing success with Power ON, insightsoftware takes strategic evolution, growth, and product enhancements to the next level with software to extend visual planning and write-back solution capabilities to Qlik usersRaleigh, NC, Aug. 29, 2023 (GLOBE NEWSWIRE) — insightsoftware, a global provider of reporting, analytics, and performance management solutions, today announced it acquired Vizlib, a UK-based software company that builds powerful value-added products for Qlik Sense. With this deal, insightsoftware can provide Qlik users with powerful...

Smart Greenhouse Market to Surpass 4258.43 Million by 2030 Drives Due to Environmental Concerns

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the smart greenhouse market will attain a USD 4258.43 million value by 2030, with a CAGR of 10.23% over the forecast period (2023-2030). Escalating environmental awareness fuels the global smart greenhouse market. Smart greenhouses employ advanced technologies such as IoT and automation to optimize resource usage, reduce energy consumption, and minimize ecological impact, aligning with sustainability goals and attracting eco-conscious consumers. Westford USA, Aug. 29, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the demand for efficient crop cultivation drives smart greenhouse market growth. Smart greenhouses offer precision monitoring and control of environmental factors, enhancing crop yields and quality. This technology appeals to farmers aiming for improved productivity and resource management. Browse...

Kaival Brands Adds Over 1,500 Locations to its Circle K Rollout

Written by Customer Service on August 29, 2023. Posted in Public Companies.

Product is now in more than 2,700 Circle K locations within the South Atlantic and Midwest regions, up from just over 1,000 in June GRANT-VALKARIA, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) — Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company,” or “we”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), which are intended for adults 21 and over, today provided an update on its efforts to increase distribution of the BIDI® Stick which have resulted in distribution in more than 1,500 additional Circle K locations. Eric Mosser, Chief Executive Officer of Kaival Brands, stated, “We are excited to provide an update on our regional Circle K rollout. Since our initial rollout in June, we have increased distribution to over 2,700 locations from just over 1,000. Our...

NewGAMe investor group concludes successful discussions with GAM

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

Geneva, Aug. 29, 2023 (GLOBE NEWSWIRE) — Agreement reached over short-term financing of CHF 20 million – to be replaced by the proceeds of a CHF 25 million convertible bond Ongoing commitment to provide further financial resources to fund GAM’s operations as a going concern EGM to be held or on around 27 September 2023 GAM’s board to propose shareholders to approve the appointment of new directors proposed by NewGAMe and stand down once they are elected The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), announces the conclusion of successful discussions with GAM. It has been agreed that Rock Investment SAS (“Rock”), the controlling shareholder of NewGAMe, will provide short-term financing of CHF 20 million to GAM to cover...

Arto Paukku appointed Enento Group’s Chief Marketing and Customer Officer

Written by Customer Service on August 29, 2023. Posted in Public Companies.

ENENTO GROUP PLC, STOCK EXCHANGE RELEASE 29 AUGUST 2023 AT 9.45 A.M. EEST Arto Paukku appointed Enento Group’s Chief Marketing and Customer Officer Enento Group Plc’s Board of Directors has today appointed Arto Paukku as the Chief Marketing and Customer Officer and member of the Executive Management Team. He will start in the position on 1 October 2023. As informed on 22 June 2023, Enento’s current Chief Marketing and Customer Officer Victoria Preger will leave her position to move to a new position outside Enento. Paukku has worked at the company since August 2020, when he started as the Nordic Head of the Premium Solutions business line. Most recently, Paukku worked as the Investor Relations Officer for the Group. Prior to joining Enento, he held various sales and business leadership positions at companies such as Nets, Klarna, and Siemens. “Arto...

Hybrid Rice Seeds Market to Hit USD 5.43 Billion by 2027 | With 13.32% CAGR

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

Key companies covered in hybrid rice seeds market are Syngenta AG (Switzerland), Bayer AG (Germany), UPL Ltd. (India), Nath Bio-Genes Ltd. (India), Nirmal Seeds Pvt. Ltd (India), Biostadt India Ltd. (India), Yuan Longping High-tech Agriculture Co., Ltd. (China), Wuhan Comega Seed Co., Ltd. (China), Nuziveedu Seeds Ltd. (India), RiceTec, Inc. (United States) and many moreHybrid Rice Seeds MarketHybrid Rice Seeds MarketPune, India, Aug. 29, 2023 (GLOBE NEWSWIRE) — The global hybrid rice seeds market size is projected to reach USD 5.43 billion in 2027, exhibiting a CAGR of 13.32% during the forecast period. Fortune Business Insights™ shares this information in its report, titled “Hybrid Rice Seeds Market, 2020-2027”. As per the report, the value of the market stood at USD 2.06 billion in 2019. Rice is a staple crop...

GCC Food Service Market to Worth USD 62.25 Billion by 2030 | At a 8.87% of CAGR

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

Key companies in GCC Food Service Market are Starbucks Corporation (U.S.), Yum! Brands, Inc. (U.S.), McDonald’s Corporation (U.S.), Restaurant Brands International Inc. (Canada), Domino’s Pizza, Inc. (U.S.), Papa John’s International, Inc. (U.S.), ALBAIK Food Systems Company Ltd. (Saudi Arabia), Herfy Food Services Co. JSC, KSA. (Saudi Arabia), Kitopi (United Arab Emirates), Aura Group (Qatar), and more players profiled.GCC Food Service MarketGCC Food Service MarketPune, India, Aug. 29, 2023 (GLOBE NEWSWIRE) — The GCC food service market size was valued at USD 31.80 billion in 2022 and is projected to reach a valuation of USD 34.33 billion in 2023. The market is expected to reach USD 62.25 billion by 2030 with a CAGR of 8.87% during the forecast period. Sports have played an important role in the region and is...

Day: August 29, 2023

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