Day: September 20, 2023

LHA 9 Keel Authentication.Ingalls welder Seveta Gray welds the initials of Donna Berger onto the keel plaque that will be permanently part of Fallajuh (LHA 9). Left to right, HII President & Chief Executive Officer Chris Kastner, U.S. Marine Corps Maj. Gen. David Bligh, Ingalls Shipbuilding President Kari Wilkinson, Under Secretary of the Navy Erik Raven, and Ship Sponsor Donna Berger.PASCAGOULA, Miss., Sept. 20, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division authenticated the keel today for the America-class amphibious ship Fallujah (LHA 9). The ship’s sponsor, Donna Berger, former first lady of the Marine Corps and spouse of Gen. David H. Berger, 38th commandant of the Marine Corps, was in attendance to declare the keel “truly and fairly laid.” During the authentication ceremony Ingalls...

VANCOUVER, British Columbia, Sept. 20, 2023 (GLOBE NEWSWIRE) — Tree Island Steel Ltd. (the “Company” or “Tree Island Steel“) (TSX:TSL) announced today that its wholly-owned subsidiary, Tree Island Industries Ltd. (“TII“), received notices of reassessment (“CRA Notices“) from the Canada Revenue Agency (“CRA“) for its fiscal years ended December 31, 2015 through 2018. The CRA Notices relate to certain write downs in 2015 for bad debt and capital account losses related to intercompany loans provided by TII to its direct and indirect wholly-owned subsidiaries, Tree Island Wire (USA) Inc. and Tree Island Wire Holdings (USA), Inc., over the span of approximately 15 years. Pursuant to the CRA Notices dated September 1, 2023, total taxes and interest of approximately $11.8 million...

WASHINGTON, Sept. 20, 2023 (GLOBE NEWSWIRE) — ZeroFox Holdings, Inc. (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, will host an Innovation Day on Monday, October 2, 2023 from 11:00 a.m. to 12:15 p.m. ET. At this special virtual event, ZeroFox executives will:Review key trends and use cases fueling increasing demand for External Cybersecurity solutions. Provide a live demonstration of ZeroFox’s comprehensive External Cybersecurity platform. Discuss ZeroFox’s vision for continued AI-driven innovation to expand platform capabilities and value.To register for the event, participants should use the following link: https://get.zerofox.com/ZFOX-Innovation-Day-October-Register.html The event, along with supporting materials, may be accessed live or via an archived replay available on the investor...

HESPERIA, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) — September 20, 2023 (GLOBE NEWSWIRE) – 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, today announced that members of its senior management will be attending D. A. Davidson’s 22nd Annual Diversified Industrials & Services Conference in Nashville, TN on Thursday, September 21st. 5E will be hosting one-on-one meetings with institutional investors that have registered to attend the event. Additionally, the Company will be participating in a fireside chat hosted by D.A. Davidson research analyst Matt Summerville from 2:00pm-2:30pm EST. Investors, analysts and members of the media interested in listening to the...

– $417 Million of Convertible Notes Exchanged at Approximately 21% Discount – Approximately $101 Million in Cash Savings before Transaction Costs – Transactions Accretive to Existing Stockholders by Approx. $0.55 Per Share Fort Lauderdale, FL, Sept. 20, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, has completed the pricing period of the previously announced, privately negotiated exchange agreements with certain holders of its 1.00% Convertible Senior Notes due 2026 (the “Notes”). On average, the transactions represent an approximately 21% discount to the par value and result in approximately $101 million in cash savings before transaction costs for the Company. In total, Marathon...

TORONTO, Sept. 20, 2023 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”) (TSXV: CBLU) (FRANKFURT: 0YA) (OTCQB: CBUTF), announces that it has concluded a renewal and extension of its loan with BDC Capital. Concurrently, the Company is very pleased to announce that the holders of its 10% convertible debentures issued in Q4 of 2021 have also agreed to renew and amend the terms of the debentures. Together these two items provide a significant improvement in working capital for Clear Blue and further position the company for positive cashflow going forward.Strategic Support from BDC Capital Clear Blue is pleased to announce it has concluded an agreement with BDC Capital to renew its commercial loan for a three-year term, ending in July 2026. BDC is the primary lender...

Bank accelerates transformation agenda by implementing nCino’s single platform solution to streamline processes, improve efficiency and deliver a frictionless experience for customers and employees SYDNEY, Australia, Sept. 20, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Bendigo and Adelaide Bank, a leading Australian bank, has selected nCino to enhance and simplify their business banking operations. This decision was part of the bank’s broader strategy to reduce complexity in its operations, deliver the best experience for their customers and employees, and accelerate growth. nCino is a cloud-based, purpose-built banking platform that will help Bendigo and Adelaide Bank achieve their digital transformation goals by automating processes,...

MONTREAL, Sept. 20, 2023 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company is pleased to announce that it has been awarded three programs from two existing customers, one large commercial vehicle OEM and one industrial equipment manufacturer, to supply exterior parts of vehicles. These components are used in both internal combustion engines and electric vehicles. Production for the first program will begin in 2024 while the start of production for the other two programs is planned for 2026. These programs generally last for a period of 10 years. The Corporation estimates that these programs will generate $24M in annual sales at mature volumes along with a one-time tooling revenue of $10M. The Corporation has already secured the related manufacturing...