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Month: August 2023

Pet Grooming Products Market to Surpass 8.73 Billion by 2030 Drives Due to the Rising Pet Ownership

SkyQuest projects that the pet grooming products market will attain a USD 8.73 billion value by 2030, with a CAGR of 7% over the forecast period (2023-2030). The global pet grooming products market is driven by the increasing number of pet owners seeking grooming solutions. As pets become integral parts of families, the demand for specialized grooming products like shampoos, brushes, and conditioners continues to grow. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, growing awareness about Pet Grooming Products, pet health and hygiene is a crucial driver for the market. Pet owners know the importance of regular grooming routines to prevent skin issues, infections, and other health concerns. This awareness fuels the demand for high-quality grooming products that cater to specific needs. Browse in-depth TOC...

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99 Acquisition Group Inc. Announces Pricing of $75,000,000 Initial Public Offering

GAITHERSBURG, MD, Aug. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – 99 Acquisition Group Inc. (the “Company”) announced today that it priced its initial public offering of 7,500,000 units at $10.00 per unit. The units will be listed on Nasdaq Global Market (“Nasdaq”) and are expected to begin trading tomorrow, August 18, 2023, under the ticker symbol “NNAGU”. Each unit consists of one share of Class A common stock, one redeemable warrant and one right. Each warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share. Each right entitles the holder thereof to receive one-fifth (1/5) of one share of Class A common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of Class A common...

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Global Blockchain Acquisition Corp. and Cardea Corporate Holdings, Inc. Announce the Execution of a Definitive Merger Agreement

Cardea Corporate Holdings, Inc. will become a public company to advance its wealth management solutions business in the United States and internationally. The business combination with Global Blockchain Acquisition Corp. values Cardea at an implied pro forma enterprise value of $175 million. ORLANDO, FL and ATLANTA, GA, Aug. 17, 2023 (GLOBE NEWSWIRE) —  Global Blockchain Acquisition Corp. (NASDAQ: GBBK) (“GBBK”), a publicly traded special purpose acquisition company, and Cardea Corporate Holdings, Inc. (“Cardea”), an emerging global wealth management firm, today announced they have entered into a definitive agreement for a business combination (the “Merger Agreement”). The transaction reflects an implied pro-forma enterprise valuation for Cardea of approximately $175 million. The transaction consideration will be paid...

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VOLT LITHIUM ANNOUNCES TRANSITION TO PURE-PLAY LITHIUM DEVELOPER WITH TERMINATION OF OPTION AGREEMENTS FOR COPPER ASSETS

Vancouver, British Columbia, Canada, Aug. 17, 2023 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE: S9G) (the “Company” or “Volt”) announced today the termination of two existing option agreements related to copper assets that were part of its predecessor company’s portfolio and were not being pursued as part of Volt’s strategy. With the termination of these agreements, Volt’s asset base has been streamlined and offer investors exposure to a growing, pure-play lithium development and technology company aiming to be North America’s first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. Details of the Terminated Option Agreements The two terminated option agreements include: (i) the option to acquire a 100% interest in the Stateline Property, pursuant to an option agreement...

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MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Glioblastoma Accepted for Presentation at the Annual Meeting of the Society for Neuro-Oncology

LA JOLLA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding tumor tissue analysis data from a clinical trial of MN-166 (ibudilast) in glioblastoma has been selected for poster presentation at the 28th Annual Meeting of the Society for Neuro-Oncology (SNO) to be held November 15 – 19, 2023 in Vancouver, British Columbia, Canada. The poster will be presented by MediciNova’s collaborator, Dr. Justin Lathia, Vice Chair in the Department of Cardiovascular and Metabolic Sciences and Co-Director of the Brain Tumor Research and Therapeutic Development Center of Excellence at the Lerner Research Institute at Cleveland Clinic; Professor,...

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Pender Growth Fund Inc. and Pender Private Investments Inc. Announce Closing of Plan of Arrangement

VANCOUVER, British Columbia, Aug. 17, 2023 (GLOBE NEWSWIRE) — Pender Growth Fund Inc. (“PGF”; TSXV: PTF) and Pender Private Investments Inc. (“PPI”) announce that, further to their press release dated August 15, 2023, PGF has today acquired all of the outstanding Legacy Shares not previously owned by it pursuant to statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Plan of Arrangement“). As a result of the Plan of Arrangement, PPI is now a wholly owned subsidiary of PGF. Under the terms of the Plan of Arrangement, holders of Legacy Shares other than PGF (the “Minority Shareholders“) will receive $6.9418 per Legacy Share for an aggregate purchase price of approximately $855,490, all of which will be paid in cash. Minority Shareholders are expected to receive payment...

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Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2024

Fort Lauderdale, FL, Fort Lauderdale, FL, Aug. 17, 2023 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) — the worldwide leader in consumer karaoke products — today announced that its earnings for its first quarter fiscal 2024 will be released tomorrow, Friday August 18, 2023. The same day Management will host a conference call at 5:00 PM Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date: Friday August 18, 2023Time: 5:00 PM EDT Dial-in number: (800) 225-9448Conference ID: MICS An audio rebroadcast of the call will be available later in the day at: http://www.singingmachine.com/investors About The Singing Machine The Singing Machine Company, Inc. (NASDAQ: MICS) is the worldwide leader in consumer karaoke products....

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American Picture House Announces Filing of Form 10 Registration Statement

American Picture House (“APH”) Appoints Mr. Thomas Rauker and Mr. William J. Macdonald to Its Board of Directors NEW YORK, NY, RALEIGH, NC, and LOS ANGELES, CA, Aug. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – American Picture House (OTC: APHP) is an entertainment company with a focus on producing feature films, television series, and content-enhancing entertainment technologies, today announced that a Form 10 registration statement was filed with the U.S. Securities and Exchange Commission (“SEC”). The Form 10 includes detailed information about American Picture House Corp., such as historic financial information, a description of its business and strategy, and other legal and financial disclosures. American Picture House welcomes the appointment of Mr. Thomas Rauker and Mr. William J. Macdonald to its Board of Directors. “We...

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Anika Receives 510(k) Clearance for Integrity™ Implant System, a Regenerative Hyaluronic Acid-Based Patch System for Augmentation of Rotator Cuff Repairs

Complete Integrity Implant System is now fully cleared; targeting launch in Q1-2024 Integrity is highly differentiated by its knitted structure, resulting in higher strength and greater regenerative capacity compared to first generation bovine collagen patches1 Integrity marks Anika’s expansion of its proprietary regenerative portfolio and entrance into the over $150 million2 U.S. rotator cuff augmentation market BEDFORD, Mass., Aug. 17, 2023 (GLOBE NEWSWIRE) — Anika Therapeutics, Inc. (NASDAQ: ANIK), a global joint preservation company focused on early intervention orthopedics, today announced that it has received the final 510(k) clearance from the FDA for the Integrity™ Implant System. The system is designed to augment an injured tendon to promote healing in rotator cuff repair procedures. Clearance of the hyaluronic...

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Heidelberg Materials North America to Acquire Green Drop Rock Products

Heidelberg Materials North America has entered into a definitive purchase agreement to acquire the aggregates business of Green Drop Rock Products. The transaction is expected to close on September 1, 2023. Irving, Texas, Aug. 17, 2023 (GLOBE NEWSWIRE) — Heidelberg Materials North America announced today that it has entered into a definitive purchase agreement to acquire the business of Green Drop Rock Products located in Cochrane, Alberta. Green Drop Rock Products is an independent producer of aggregates with a high-capacity plant that is well positioned to supply the Calgary market. “The acquisition of the Green Drop Rock Products business will further strengthen our aggregates reserves in the Greater Calgary area and reinforce our integrated footprint in this attractive market,” said Oliver Patsch, President of the Northwest...

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