Month: August 2023

OKYO Pharma Limited Reports Annual Results for the Twelve Months Ended March 31, 2023

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

LONDON and NEW YORK, Aug. 15, 2023 (GLOBE NEWSWIRE) — OKYO Pharma Limited (NASDAQ: OKYO), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (“DED”) to address the significant unmet need in this multi-billion-dollar market, today announced financial results for the twelve months ended March 31, 2023 and provided a corporate update on its lead program in development. Gary Jacob, Chief Executive Officer of OKYO, commented, “We are very pleased at the advancements we have made with our flagship drug OK-101 to treat DED this year. On May 2, 2023, we announced the initiation of our first clinical trial of OK-101 to treat DED. This trial is a 240 patient, phase 2, multi-center, randomized, double-masked, placebo-controlled trial in patients with DED. This summer we are expecting to...

MORINGA ACQUISITION CORP ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

New York, NY, Aug. 15, 2023 (GLOBE NEWSWIRE) — Moringa Acquisition Corp (Nasdaq: MACA) (“Moringa” or the “Company”) announced today that, in connection with its previously announced extraordinary general meeting in lieu of the 2023 annual general meeting of shareholders of the Company to be held at 9:00 a.m. Eastern Time/4:00 p.m. local (Israel) time on August 16, 2023 (the “Extraordinary Meeting”) for the purpose of considering and voting on, among other proposals, a proposal to extend the date by which the Company must consummate an initial business combination (the “Extension”) from August 19, 2023 (the “Current Termination Date”) to August 19, 2024 or such earlier date as may be determined by the Company’s board of directors, in its sole discretion (such new termination date, the “Extension Date”), the Company’s sponsor, Moringa...

Tandy Leather Factory Reports Second Quarter 2023 Results

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

FORT WORTH, Texas, Aug. 15, 2023 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter 2023, ended June 30, 2023. Second Quarter Highlights:Revenues were $17.5 million, down 5% from 2022 Generated operating income of $0.8 million Net income of $0.5 million Gross margins of 62.5% Adjusted EBITDA* of $1.3 million Ended quarter with $10.0 million of cash and cash equivalentsTandy Leather Factory’s second quarter sales were $17.5 million in 2023, down from $18.4 million in 2022. First quarter 2023 gross profit was $10.9 million, up from $10.5 million in 2022. As of March 31, 2023, the Company held $10.0 million of cash and cash equivalents, up from $8.0 million at year end. The Company held inventory of $37.5 million, down from $38.2 million as...

Wax Market to Surpass 14.16 Billion by 2030 Drives Due to Strong Presence of Local and Multinational Players

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the wax market will attain a value of USD 14.16 billion by 2030, with a CAGR of 4.3% over the forecast period (2023-2030). Wax has been witnessing tremendous demand from various industries due to its outstanding characteristics, such as high gloss, good water repellence, and superior chemical resistance. However, the global wax market needs to be more cohesive owing to the strong presence of local and multinational players that aggressively focus on rapid expansion, product innovation, and diversification through R&D activities, mergers and acquisitions, and joint ventures. Westford USA, Aug. 15, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global wax market is expected to experience significant growth owing to various factors. The rise in the usage of waxes in the packaging industry, driven by...

Amethyst Announces 4 New CBD Wellness Products and EDI Compliancy

Written by Customer Service on August 15, 2023. Posted in Public Companies.

RANCHO CORDOVA, CA, Aug. 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Alternative Wellness Health, Inc. (EXMT), is proud to announce our new website that includes 4 additional Amethyst products with EDI compliant capabilities too. Amethyst is proud to announce the launch of 4 new products to our line. Amethyst CBD Freeze, Amethyst Massage Oil, Amethyst Gummies, Amethyst Drink Enhancer. The NEW Amethyst website is live at http://LiveAmethystCBD.com Being EDI compliant for retailers allows smoother ordering and shipping of our products and integration into their processes. An EDI system enables us to transmit large amounts of data to our trading partners without the difficulties of manual communication processes. Amethyst is on track to growing our supply chain partners and streamline communication processes accordingly....

GEMXX Announces First Gold Production from Snow Creek Mine Site

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Gold exploration assets include the Snow Creek and Rosella Creek projects, as well as additional options on mining claims located in British Columbia LAS VEGAS, Aug. 15, 2023 (GLOBE NEWSWIRE) — via IBN – GEMXX Corporation (OTC: GEMZ) (“GEMXX” or the “Company”) announces today the successful completion of its first clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining season, in collaboration with Crazy Horse Mining Inc. (“CHMI”). CHMI, in partnership with GEMXX, has processed a 4,500 cubic yard sample of gold-bearing surface ore stockpiled while building the processing site, providing a positive indication of the resource potential on the property. The initial production results have exceeded expectations, yielding 38.73 ounces of gold from 4,500 cubic yards of surface...

Diabetes Care Devices Market Set to Soar Past USD 57.67 Billion by 2030

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

The global Diabetes Care Devices market size is expected to reach USD 57.67 billion by 2030 and exhibit a CAGR of 8.7% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing prevalence of diabetes worldwide, growing awareness about diabetes management and the importance of regular monitoring, technological advancements in diabetes care devices, rising healthcare expenditure and favourable reimbursement policies fuel the market’s growth. Westford, USA, Aug. 15, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Diabetes Care Devices market, increasing adoption of continuous glucose monitoring (CGM) systems, growing demand for insulin delivery devices, integration of advanced technologies such as artificial intelligence (AI) and Internet of Things...

Mercurity Fintech Holding’s Subsidiary, Ucon Capital Hong Kong, Earns Distinguished Approval to enter “Cyberport” Community

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital’s Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks New York, Aug. 15, 2023 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a leading digital fintech group empowered by blockchain technology, today announced that its wholly-owned subsidiary, Ucon Capital (“Ucon”), has been honored with the approval to join the esteemed “Cyberport”, an innovative digital community managed by Hong Kong Cyberport Management Company Limited. This approval is a significant acknowledgment of MFH and Ucon’s capabilities and expertise, marking a critical milestone in the Company’s strategic vision. Ucon, as part of the MFH group, aims to...

August Forecast Updated as AITX Sees Path to Best Order Intake Quarter to Date

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Detroit, Michigan, Aug. 15, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today provided an update on RAD’s August 2023 sales activities. The Company sees a path to 100+ units order intake this month, which would make it the best order intake month to date and drive this quarter to the best quarter of intake in company history. Through mid-August, RAD has booked a total of 18 units, with 100+ orders within possibility by the end of the month. “We started the month of August having just closed our best month ever,” said Mark Folmer, CPP, PSP, FSyI, President of RAD. “All indications from clients and prospects are that they are...

Orion Energy Systems Introduces TritonPro™ and New Harris Exterior LED Product Lines, Broadening Portfolio of Innovative, Quality Solutions

Written by Customer Service on August 15, 2023. Posted in Public Companies.

MANITOWOC, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, today announced the launch of its new TritonPro™ product category and new Harris exterior LED lighting products. The launch comprises five new cutting-edge products that provide proprietary Orion design, quality and value-pricing to expand the Company’s reach into new construction and retrofit markets and to meet requests from channel partners. The new products are designed to provide unparalleled performance, efficiency, and in-field versatility to a broader array of customers and market segments. The new products are:TritonPro™ Compact Linear High Bay is a compact, state-of-the-art...

Month: August 2023

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