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Month: August 2023

Hudson Acquisition I Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

NEW YORK, Aug. 25, 2023 (GLOBE NEWSWIRE) — Hudson Acquisition I Corp. (the “Company” or “HUDA”) (Nasdaq: HUDA), announced today that on August 21, 2023, the Company received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that as a result of the delinquency in the timely filing of the Company’s quarterly report on Form 10-Q for the period ended June 30, 2023 (the “10-Q”), the Company is out of compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”). As previously granted by the Nasdaq, the Company received an exception until September 27, 2023, to file its delinquent Form 10-K for the year ended December 31, 2022, and...

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NewLink and NaaS Reach Strategic Partnership with CR Capital MGMT to Accelerate New Energy Infrastructure Development

The partnership between NewLink, NaaS and CR Capital MGMTQin Feng, General Manager and CEO of CR Capital MGMT (standing, third from right), Dai Zhen, Founder and CEO of NewLink, Chairman of NaaS (standing, third from left) and others witness the signing ceremony.Beijing, China, Aug. 25, 2023 (GLOBE NEWSWIRE) — On August 24, a strategic partnership was forged between NewLink and NaaS Technology Inc. (Nasdaq:NAAS) with CR Capital MGMT, synergizing their distinct proficiency in capital and asset management as well as energy services. This collaboration sets the stage for joint initiatives encompassing the incubation, investment and operationalization of digital and intelligent applications within the realm of new energy. Furthermore, the two entities will align on the construction of integrated energy ports, the orchestration...

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Summit Financial Group, Inc. Increases Quarterly Common Dividend 10 Percent to $0.22 Per Share

MOOREFIELD, W.Va., Aug. 25, 2023 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces its Board of Directors recently declared a third quarter 2023 dividend of $0.22 per share payable on September 29, 2023 to common shareholders of record as of the close of business on September 15, 2023, representing a 10 percent increase compared to $0.20 paid in Q2 2023. Summit Financial Group, Inc. is the $4.6 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit’s focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to leverage its highly efficient...

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Aclarion, Inc. Announces Filing of Delayed 10-Q Quarterly Report

BROOMFIELD, CO, Aug. 25, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Aclarion, Inc., (“Aclarion” or the “Company”) (Nasdaq: ACON, ACONW), a healthcare technology company that is leveraging biomarkers and proprietary augmented intelligence algorithms to help physicians identify the location of chronic low back pain, announced today that it was not able to file its Quarterly Report for the quarter ended June 30, 2023 by the August 21, 2023 extended filing deadline established by the Securities and Exchange Commission. The Company, therefore, is a late filer with respect to such report. The delay in the filing of the Company’s Quarterly Report relates principally to completion of the review process by the Company’s new independent accountant, CohnReznick LLP. The Company filed the Quarterly Report on August 25, 2023. About Aclarion,...

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C3is Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, Aug. 25, 2023 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq: CISS) (the “Company”) announced today that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated August 24, 2023, indicating that because the closing bid price of the Company’s common stock for 30 consecutive business days, from July 13, 2023 through August 23, 2023, was below the minimum $1.00 per share bid price requirement for continued listing on The Nasdaq Capital Market, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until February 20, 2024. The Company intends to monitor the closing bid price of its common stock during this grace period and will consider its options in order to regain compliance...

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Wearable Devices Announces First Half 2023 Results

YOKNE’AM ILLIT, Israel, Aug. 25, 2023 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in AI-powered touchless sensing wearables, today announced its financial results for the six months ended June 30, 2023. Financial Review The Company continued its investment in research and development activities, and together with increased costs associated with the ramping up of production related to the upcoming shipment of the Mudra Band for Apple Watch, net loss increased to $3.9 million, or $(0.26) per basic and diluted share, for the six months ended June 30, 2023, compared to a net loss of $2.1 million, or $(0.18) per basic and diluted share, for the six months ended June 30, 2022. Year-To-Date Operational HighlightsAnnounced preorder availability...

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Ebang International Holdings Inc. Reports Unaudited Financial Results for the First Six Months of Fiscal Year 2023

SINGAPORE, Aug. 25, 2023 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology and Fintech company, today announced its unaudited financial results for the first six months of fiscal year 2023. Operational and Financial Highlights for the First Six Months of Fiscal Year 2023 Total net revenues in the first six months of 2023 were US$4.09 million, representing an 83.69% period-over-period decrease from US$25.06 million in the same period of 2022. Gross profit in the first six months of 2023 was US$0.99 million compared to the gross profit of US$14.24 million in the same period of 2022. Net loss in the first six months of 2023 was US$8.38 million compared to US$10.92 million in the same period of 2022. Mr. Dong Hu, Chairman and Chief Executive Officer of...

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Largo Physical Vanadium Announces Results of Annual Meeting

TORONTO, Aug. 25, 2023 (GLOBE NEWSWIRE) — Largo Physical Vanadium Corp. (“LPV” or the “Company“) (TSX.V: VAND, OTCQX: VANAF) announces today the results of its annual meeting of shareholders held earlier today (the “Meeting”). At the Meeting, the following five nominees were appointed as directors of the Company (the “Board”) to hold office until the close of the next annual meeting of the Company’s shareholders: Paul Vollant, Jonathan Lee, John Kanellitsas, Larry Ciccarelli, and Erik Bethel. KPMG LLP were re-appointed as auditors of the Company. The Company’s management information circular containing additional details surrounding the items of business at the Meeting is available under the Company’s profile on SEDAR at www.sedar.com. About Largo Physical Vanadium Corp. Largo Physical Vanadium Corp. (LPV)...

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MAX Power Retains Daniella Atkinson For Corporate Communications

Max Power Mining CorpDaniella AtkinsonVANCOUVER, British Columbia, Aug. 25, 2023 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to announce that it has retained Daniella Atkinson as Corporate Communications Consultant for the Company. Daniella has generated a social media following of over 200,000, with more than 150 million views, after launching her popular TikTok and Instagram street interviews in Vancouver (@daniella_atk). She is now a recognized media personality in Vancouver, creating fun and engaging content, giving a voice to the community through her platform. After graduating from Queen’s University in Kingston in 2021, with a Bachelor of Arts Honors Degree Specialization in Media and Performance Production, Daniella moved to Vancouver where...

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InspireSemi Announces Final Closing of Non-Brokered Private Placement

VANCOUVER, British Columbia and AUSTIN, Texas, Aug. 25, 2023 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that has built a technology foundation to deliver revolutionary accelerated computing performance, today announced that it has closed the final tranche of its previously announced non-brokered private placement (the “Financing”) of units (the “Units”) for additional total proceeds of C$2,438,000 (the “Final Tranche”). The Company previously announced the closings of two previous tranches of the Financing (i) for proceeds of C$1,139,000 on May 19, 2023 (the “First Tranche”); and (ii) for proceeds of C$1,537,000 on June 28, 2023 (the “Second Tranche”) meaning total proceeds raised in the Financing were C$5,114,000. Therefore, in addition to C$989,000...

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