Day: September 21, 2023
Program Intended to Enhance Shareholder Value
AUSTIN, Texas, Sept. 21, 2023 (GLOBE NEWSWIRE) — Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced that its Board of Directors has approved an inaugural share repurchase program with authorization to purchase up to $30 million of its outstanding shares of common stock, effective immediately. This strategic initiative aims to enhance shareholder value and reinforces Mondee’s commitment to its long-term growth strategy.
Mondee’s Chairman, CEO and Founder, Prasad Gundumogula, commented on the announcement, saying, “We are excited to launch this $30 million share repurchase program as a clear signal...
BIGG Digital Assets Inc. Provides an Update to the Acquisition of TerraZero Technologies Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company“) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) is pleased to announce that TerraZero Technologies Inc. (“TerraZero“) has received the requisite approval from its shareholders of a special resolution (the “Special Resolution“) to approve the previously-announced amalgamation between TerraZero and a subsidiary of the Company, which will result in BIGG acquiring all of the issued and outstanding common shares (“TZ Common Shares“) and preferred shares (“TZ Preferred Shares” and collectively, the “TZ Shares“) of TerraZero (not including TZ Shares held by the Company) (the “Transaction“). For more information regarding the terms of the...
Nxu Opens Game-Changing Charging System to the Public on Sept. 28
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Standard-Agnostic Nxu One Megawatt+ Charging System Debuts With $1 Charging Promotion
MESA, Ariz., Sept. 21, 2023 (GLOBE NEWSWIRE) — Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, will launch its first public EV charging field trials, in Mesa, Ariz. on Thursday, Sept. 28, at 6 a.m. The Nxu One Megawatt+ Charging System will be located outside the Company’s manufacturing facility at 1828 N. Higley Road in Mesa, where EV users can charge their vehicles, of any make or model that supports CCS, 24 hours a day. In celebration of National Drive Electric Week, Nxu is offering $1 charges from Thursday, Sept. 28 – Sunday, Oct. 1.
“EV users are looking for charging...
SiriusPoint Announces Date for Third Quarter 2023 Earnings Release
Written by Customer Service on . Posted in Public Companies.
HAMILTON, Bermuda, Sept. 21, 2023 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its third quarter 2023 financial results after the market close on Wednesday, November 8, 2023. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Thursday, November 9, 2023.
The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company’s website at www.siriuspt.com. The online replay of the webcast will be available on the Company’s website immediately following the call.
The conference call can be accessed by dialing 1-877-451-6152 (domestic) or 1-201-389-0879 (international) and asking for the SiriusPoint Ltd. Third...
MCI Onehealth Announces Voting Results of 2023 Annual General and Special Meeting of its Shareholders
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TORONTO, ON, Sept. 21, 2023 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR) is pleased to announce the voting results from its annual general and special meeting (the “Meeting”) of the shareholders of the Company held on September 21, 2023. Shareholders representing 97.72% of MCI’s outstanding shares attended the Meeting in person or were represented by proxy.
All matters of business set out in the Company’s management information circular dated August 21, 2023 (the “Circular”) were passed at the Meeting, including:Fixing the number of directors at five and electing management’s five nominees.Re-appointing BDO Canada LLP as auditor of the Company.Ratifying and approving the Company’s equity...
Earthworks Industries Inc. Announces Brokered Financing led by Haywood Securities and Extension of Debt Settlement Repayment Date
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) — Earthworks Industries Inc. (TSXV: EWK) (the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) dated September 20, 2023 to act as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”) to assist the Company in selling on a commercially reasonable efforts private placement basis, units of the Company (each, a “Unit”) at a price of C$0.20 per Unit (the “Issue Price”) for gross proceeds of a minimum of C$4,000,000 (from the sale of 20,000,000 Units) and a maximum of C$5,000,000 (from the sale of 25,000,000 Units) (the “Offering”).
Each Unit will consist of one common share...
Turbo Energy, S.A. Announces Pricing of Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Valencia, Spain, Sept. 21, 2023 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (Nasdaq: TURB) (the “Company”), a company engaged in the design, development, and production of equipment for the generation, management, and storage of photovoltaic (“PV”) energy, announced today the pricing of its initial public offering of 1,000,000 American Depositary Shares (“ADSs”), representing 5,000,000 ordinary shares, at a price of $5.00 per ADS to the public for a total of $5,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses (the “Offering”).
The Company has granted a 45-day option to the underwriters to purchase up to 150,000 additional ADSs representing 15% of the ADSs sold in this offering, solely to cover over-allotments, if any, less the underwriting discount. All of the ADSs are being offered...
Athena Consumer Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination
Written by Customer Service on . Posted in Public Companies.
New York, NY, Sept. 21, 2023 (GLOBE NEWSWIRE) — Athena Consumer Acquisition Corp. (NYSE American: ACAQ.U, ACAQ, ACAQ WS) (“Athena”), announced today that its board of directors (the “Board”) has decided to extend the date by which Athena must consummate an initial business combination (the “Deadline Date”) from September 22, 2023 for an additional month to October 22, 2023, and that its sponsor, Athena Consumer Acquisition Sponsor LLC (the “Sponsor”), deposited $60,000.00 into Athena’s trust account in connection with this extension, the last of three potential one-month extensions of the Deadline Date available to Athena.
Athena’s Amended and Restated Certificate of Incorporation (as amended on December 21, 2022 and July 19, 2023, the “Charter”) provides Athena the right to extend the Deadline Date up to three times for an additional...
Adevinta ASA – Comment on press speculation
Written by Customer Service on . Posted in Public Companies.
Oslo, 21 September 2023 – Adevinta ASA (“Adevinta” or the “Company”) notes the recent press speculation. Adevinta confirms that it has received a non-binding indicative proposal from a consortium led by Permira and Blackstone regarding a potential offer for all shares of the Company. eBay and Schibsted, who have expressed their support for the proposal, would retain part of their current shareholding in the Company.
The discussions are at an early stage and there can be no certainty as to whether a final offer will be made, nor as to the terms of any offer. Shareholders are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company.
A further announcement will be made as and when appropriate in compliance...
3D Systems Announces CFO Transition
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3D Systems’ Executive Vice President, Andrew Johnson to Serve as Interim Chief Financial Officer
ROCK HILL, S. C., Sept. 21, 2023 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today announced that Michael Turner is stepping down as the company’s Chief Financial Officer, effective October 15, 2023, to accept a new career opportunity. Andrew Johnson, 3D Systems’ executive vice president, chief corporate development officer, and chief legal officer, has been appointed interim CFO, effective October 16. The company has initiated an executive search to identify a permanent finance leader.
“I want to thank Michael for his dedication and leadership as we have executed on a finance transformation plan and operating performance improvements during his service to the company,” said Dr. Jeffrey Graves, president and CEO of 3D Systems. “I wish...