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Month: August 2023

Arcimoto Announces Second Quarter 2023 Financial Results

EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023. Arcimoto will host a stakeholder and analyst call today to discuss the company’s results. To view the webcast use the link below: Arcimoto, Inc. Second Quarter 2023 CallDate: Thursday August 24, 2023Time: 2:00 p.m. PDT (5:00 p.m. EDT)Webcast: https://us06web.zoom.us/s/88201491922?pwd=MzRUMVRFWWF3ODBlN0hVKzUrb1lwdz09 Second Quarter 2023 Results and MilestonesProduced 94 new FUVs during the first half of 2023. Delivered 65 customer vehicles in the second quarter with an average sales price of $22,744 and delivered 102 vehicles year to date. Produced its 1,000th vehicle in June 2023. As of June...

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Edge Total Intelligence Announces Results of Annual General Meeting

ARLINGTON, Va., Aug. 24, 2023 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (“edgeTI”, “Company”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i), a leader in real-time digital operations software, is pleased to announce the results of its Annual General and Special Meeting of Shareholders (“AGM”) held virtually on August, 23 2023 at 12:00 EDT. Shareholders of the Company voted in favor of all items put forward by the board of directors (the “Board”) and management. The results of the meeting were as follows:The number of directors of the Company was set at seven (7). All seven of the individuals nominated for the Board were elected, being James Barrett, Fay Arjomandi, Seth Kay, Edward Mede, Brett Paulson, Jaci Tomek, and Mel Wesley. Four of the seven nominees were already directors of the Company and three new independent directors were...

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NorthWest Copper Files Application Alleging Activist Group Violated Securities Laws

Shareholders urged to vote only the Blue proxy and stay informed by visiting www.ProtectNWST.com VANCOUVER, British Columbia, Aug. 24, 2023 (GLOBE NEWSWIRE) — NorthWest Copper Corp. (“NorthWest” or the “Company“) (TSXV:NWST) (OTCQX: NWCCF) today announced that it has filed an application with the British Columbia Securities Commission alleging certain failures of Grant Sawiak, John Kimmel and Tony Ianno (the “Activist Group”) to make disclosures required by securities laws. The Company believes that the Activist Group is acting to serve its own best interests at the cost of all other shareholders and poses a threat to the value of shareholders’ investment in NorthWest. NorthWest is guided by a capable Board of Directors (the “Board”) with a successful track record. Over the last 12 months, the Company has...

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Fusion Acquisition Corp. II Announces Intent to Adjourn Special Meeting

NEW YORK, Aug. 24, 2023 (GLOBE NEWSWIRE) — Fusion Acquisition Corp. II (NYSE: FSNB) (“Fusion” or the “Company”), announced today that it intends to adjourn, without conducting any business, the special meeting of its stockholders (the “Special Meeting”) to be held with respect to, among other things, the approval of amendments to the Company’s second amended and restated certificate of incorporation (the “Charter”) to extend the time it has to complete an initial business combination (the “Extension”) and to eliminate the limitation that the Company will not complete an initial business combination if doing so would cause it to have net tangible assets of less than $5,000,001, which is scheduled to occur at 11:00 a.m., Eastern time, on August 30, 2023, and to reconvene the Special Meeting at 11:00 a.m., Eastern time, on September...

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H&R Block Honors its 2023 “Best of Block” Associates During Town Hall Event

The 25 Best of Block award recipients represent incredible leadership and embody the company’s “Block Behaviors” KANSAS CITY, Mo., Aug. 24, 2023 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) today announced its 2023 Best of Block award winners at the company’s Town Hall meeting held near the company’s Kansas City, Mo. headquarters. This award is presented annually to the top 25 H&R Block associates who have gone above and beyond to positively impact business performance. The Best of Block awards program is a key milestone of H&R Block’s recognition culture which is grounded in celebrating the outstanding achievements of associates and franchisees. Other internal award programs include the Henry W. Bloch Excellence in Client Service Awards and franchise recognition programs, including the Top 100, Elite 25, and Featured...

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Freddie Mac Issues Monthly Volume Summary for July 2023

MCLEAN, Va., Aug. 24, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for July 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | Twitter | LinkedIn | Facebook | Instagram | YouTube MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@FreddieMac.com INVESTOR CONTACT: Mahesh Lal571-382-3630

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Capital City Bank Group, Inc. Increases Cash Dividend

TALLAHASSEE, Fla., Aug. 24, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.20 per share. It represents an 11.1% increase over the prior quarter of $0.18. The dividend produces an annualized rate of $0.80 per common share and is payable on September 25, 2023 to shareowners of record as of September 11, 2023. The annualized dividend yield is 2.66% based on a closing stock price of $30.06 on August 23, 2023. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.4 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage...

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Molecular Partners Reports H1 2023 Corporate Highlights and Financials

Phase 1/2a clinical trial of tetraspecific T cell engager candidate MP0533 initiated in patients with relapsed/refractory AML and MDS/AML; dosing ongoing in the 4th dose cohort; initial data expected in Q4 2023 Positive MP0317 data of ongoing Phase 1 clinical trial presented at ASCO confirm proposed MOA and indicates favorable safety profile in patients with advanced solid tumors, supporting future combination studies with potential partners; presently finalizing recruitment of weekly dosing regimen Preclinical data supporting the Radio DARPin Therapy platform presented at leading conferences TAT12, AACR and SNMMI in H1 2023 Funded well into 2026 with cash of CHF 218 million as of June 30, 2023, Molecular Partners expects total operating expenses of CHF 65 – 75 million in 2023 (previously estimated at CHF 70 – 80 million) ZURICH-SCHLIEREN,...

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Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2024 Financial Results

SAN JOSE, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the first quarter of fiscal year 2024, ended July 29, 2023. First Quarter of Fiscal Year 2024 Financial HighlightsRevenue of $35.1 million, grew by 9% quarter over quarter GAAP gross margin of 59.2% and non-GAAP gross margin of 59.8% GAAP operating expenses of $35.2 million and non-GAAP operating expenses of $27.4 million GAAP net loss of $11.7 million and non-GAAP net loss of $4.7 million GAAP diluted net loss per share of $0.08 and non-GAAP diluted net loss per share of...

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Otonomo Reports Second Quarter 2023 Financial and Operational Results

HERZLIYA, Israel and SAN FRANCISCO, Aug. 24, 2023 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (Nasdaq: OTMO) (“Otonomo” or the “Company”), the platform powering the mobility economy, today announced its financial and operational results for the quarter ended June 30, 2023. Recent Developments Cost Reduction Initiative In June 2023, the Company completed the process of sunsetting part of its connected vehicle data services (“CVD services”), which include services relating to aggregate multi-layered data, standardized data and data blurred to remove identifiers. The sunsetting of CVD services resulted in a further workforce reduction. Upon completion of the CVD services sunsetting, the Company’s cost reduction initiative, which commenced in the fourth quarter 2022, was complete. The Company continues to focus on recurring revenue...

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