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Day: September 27, 2023

Mercantile Bank Corporation Announces Third Quarter 2023 Results Conference Call and Webcast

GRAND RAPIDS, Mich., Sept. 27, 2023 (GLOBE NEWSWIRE) — Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. Eastern Time on Tuesday, October 17, 2023 to discuss third quarter 2023 financial results. The Company’s third quarter 2023 earnings release will be released before markets open on Tuesday, October 17, 2023 and available in the “Investor Relations” section of the Company’s website, ir.mercbank.com. Participants may access the live conference call on October 17, 2023, at 10 a.m. ET (9 a.m. CT) by dialing 1-844-868-8844 and requesting the “Mercantile Bank Corporation Call.” Please dial in approximately 10 minutes prior to the call. The conference call will also be webcast live at ir.mercbank.com. An audio archive will be available on the Mercantile Investor Relations website following...

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Global High-Speed Surgical Drills & Tools Market Size to Reach USD 898.89 Million in 2032 | Emergen Research

Increasing number of surgical procedures, especially in orthopedic and neurosurgery fields is a key factor driving high-speed surgical drills & tools market revenue growth Vancouver, Sept. 27, 2023 (GLOBE NEWSWIRE) — The global high-speed surgical drills & tools market size was USD 595.71 Million in 2022 and is expected to register a steady revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of surgical procedures, especially in orthopedic, neurosurgery, and dental fields and rising popularity of minimally invasive surgeries are factors driving market revenue growth. High-speed surgical power tools are used to perform surgery on bone or bone fragments, which aid in sawing, drilling, screwing, and reaming. The primary fields of application for these technologies...

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Diana Shipping Inc. Announces the Order of Two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels

DIANA SHIPPING INC. ANNOUNCES THE ORDER OF TWO 81,200 DWT METHANOL DUAL FUEL NEW-BUILDING KAMSARMAX DRY BULK VESSELSMethanol Kamsarmax VesselATHENS, Greece, Sept. 27, 2023 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed a letter of intent to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party, two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each, built at Tsuneishi Group (Zhoushan) Shipbuilding Inc., China. The vessels are expected to be delivered to the Company by the second half of 2027 and the first half of 2028, respectively. The transaction remains subject to...

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Progress Announces Winners of the 2023 OpenEdge North America Partner Awards

Announced during the OpenEdge World Tour event in Las Vegas, the awards recognize partners for their innovation, modern business applications and positive impact on their customers’ success BURLINGTON, Mass., Sept. 27, 2023 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, today announced the 2023 OpenEdge North America Partner Awards winners. This recognition goes to partners who have leveraged Progress® OpenEdge®—the flagship application development platform used by over 100,000 enterprises across the globe to simplify the delivery of mission-critical business applications—in a significant way. Winners were announced this week during the OpenEdge World Tour event for OpenEdge customers and partners in Las Vegas. “Our partners are an integral and strategic...

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Pyxis Oncology Announces Four Abstracts Accepted for Poster Presentation at Society for Immunotherapy of Cancer (SITC) 2023

BOSTON, Sept. 27, 2023 (GLOBE NEWSWIRE) — Pyxis Oncology, Inc. (Nasdaq: PYXS), a clinical-stage company focused on developing next-generation therapeutics to target difficult-to-treat cancers, today announced four abstracts for four different assets have been accepted for poster presentation at the Society for Immunotherapy of Cancer (SITC) 38th Annual Meeting to be held November 1-5, 2023, in San Diego. “We look forward to presenting a trial-in-progress poster for PYX-201, our first-in-class and first-in-concept tumor stroma-targeting antibody-drug conjugate (ADC), and we are gratified by the investigator interest and enthusiasm for our Phase 1 trial,” said Lara S. Sullivan, M.D., President and Chief Executive Officer of Pyxis Oncology. “Pyxis Oncology is proud to be a pioneer in stromal therapeutics, and in our view, targeting...

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ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data

FREMONT, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its operating subsidiary ACM Research (Shanghai), Inc. (“ACM Shanghai”) posted backlog figures for ACM Shanghai as of September 27, 2023 and September 30, 2022 on the Shanghai Stock Exchange website [link to China Disclosure]. Backlog As of September 27, 2023 and September 30, 2022, ACM Shanghai’s total backlog amounted to RMB 6,795.8 million (USD $929.5 million), and RMB 4,644.2 million respectively. The total backlog figures include a mix of orders for tools that have been shipped but not yet recognized as revenue under Chinese generally accepted accounting principles (“Chinese GAAP”), and orders for...

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Iceland Seafood International hf: Bondholders meeting to be summoned in relation to the sale of Iceland Seafood UK

As announced today, September 27th 2023, Iceland Seafood International hf (Iceland Seafood) has completed the sale of 100% of the share capital of Iceland Seafood UK Ltd, to Espersen A/S. The completion of the sale means that Iceland Seafood needs a consent from the bondholders of bonds in the series ICESEA 25 06, ISIN: IS0000033199, in the amount of ISK 3,400,000,000 (the “Bonds”), for an amendment or a waiver, as applicable, of one of the financial covenants under the Bonds. The consent is needed due to condition 9.3 of the terms and conditions for the Bonds, since the sale of Iceland Seafood UK Ltd means that assets representing more than 5% of total group turnover are being sold. Iceland Seafood is reviewing its options in this regard and intends to summon to a bondholders’ meeting in the coming weeks to propose amendments or waivers,...

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Presto signs CKE Franchise StarCorp’s 58 Carl’s Jr. Locations

SAN CARLOS, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) — Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced a newly signed agreement that demonstrates the company’s continued momentum and strengths in technology, enterprise sales, integration, and implementation. Presto signed CKE Franchise Group StarCorp and all of its 58 Carl’s Jr. locations, where it will be the only Voice AI vendor. After a successful and competitive pilot at 2 stores lasting more than 6 months, StarCorp decided to launch Presto Voice at full scale. Presto was able to achieve a 91% upsell offer rate during the pilot period. The companies are planning to jointly roll out these locations in the coming months. Presto is currently taking several new Voice locations live...

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Kartoon Studios Appoints Entertainment, Media and High-Tech Industry Executive, Brian Parisi, as Chief Financial Officer

Brian Parisi, Chief Financial Officer Kartoon StudiosBrian Parisi, Chief Financial Officer Kartoon StudiosFormer NFL Hall of Fame, Live Nation Entertainment, Warner Bros. & Universal Studios Executive to Lead The Global Financial Strategy to Drive Further Growth and Shareholder Value Kartoon Studios Prepares for Q4 Initiatives, Including New Developments for the Stan Lee brand, Shaq’s Garage, Blue Origin Space Rangers, and Kartoon Channel! Streaming Service BEVERLY HILLS, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) — Following major developments over the past year, including brand and digital platform launches, a name change and transition to the NYSE (TOON), Kartoon Studios (the “Company” or “Kartoon Studios”) today announced the appointment of finance veteran Brian Parisi as the Company’s Chief Financial Officer.Andy...

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Sharps Technology Announces $5.6 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules

NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (the “Company”) (NASDAQ: “STSS” and “STSSW”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 4,418,521 shares of common stock and pre-funded warrants to acquire common stock in a registered direct offering. The purchase price of each share is $0.64. The purchase price for the pre-funded warrants is identical to the purchase price for shares, less the exercise price of $0.001 per share. In a concurrent private placement, the Company also agreed to issue to the same investors units to purchase pre-funded warrants to purchase up to 2,581,479 shares of common stock and common...

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