Day: September 29, 2023

Vancouver, BC, Sept. 29, 2023 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (“the Company”) is pleased to announce the appointment of Simon Tsu, CFA, CPA, as the new Chief Financial Officer (CFO) and Corporate Secretary, effective October 1, 2023. His in-depth experience and leadership will bring significant value to our business operations. Simon will be stepping into the shoes of the outgoing CFO, Jason Tong, and Corporate Secretary, Derek Sobel, who have resigned effective September 30, 2023. We extend our utmost gratitude to Jason and Derek for their dedication, enthusiasm, and passion during their tenure. Their contributions have been instrumental in shaping our growth trajectory, and we wish them every success in the future. Simon has a wealth of financial experience underpinned by his Chartered...

MEXICO CITY, Sept. 29, 2023 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps. $1.5 billion. This is the third offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to Ps. $5.0 billion. These Trust Notes are backed by future collection rights under agreements entered with credit card processors for the sale of airline tickets and other related services through VISA and Mastercard credit cards, through our internet portal, travel agencies, call...

WISeKey Announces First Half 2023 Financial Results Reports 39% Increase in Revenue and 69% Increase in Gross ProfitSubstantial Pipeline of New Business Opportunities for All Verticals Conference Call Scheduled for Monday, October 2 at 12:00 pm ET (6:00 pm CET) GENEVA – September 29, 2023 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules– WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced its first half 2023 (H1 2023) financial results. H1 2023 Key Financial Milestones39% revenue growth to $15.1 million in H1 2023, as compared to $10.8 million in H1 2022. 69% increase in gross profit reaching $8.1 million (53.6% margin) in H1 2023 as compared to $4.8 million (44.0% margin)...

Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) (“Yooma” or the “Company“) today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”). Psilobrain is a private Canadian biotech company that uses the latest in psychedelic medicine to design products that facilitate evidence-based healing & wellness. Further details regarding Psilobrain is available at www.psilobrain.com. Details on the Disposal The consideration payable by Psilobrain comprises US$1.0 million in cash (the “Cash Consideration”), and US$1.0 million in new...

Company Intends to Maintain Normal Operations, Transforming Smiles Without Disruption NASHVILLE, Tenn., Sept. 29, 2023 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care Company with the first medtech platform for teeth straightening, today announced a process to implement a comprehensive recapitalization transaction. The additional capital and stronger financial position from this recapitalization is intended to bolster the Company’s balance sheet and fuel growth initiatives to allow SmileDirectClub to thrive as an international oral care leader for many years to come. SmileDirectClub will seek to recapitalize through a transaction where the Company’s founders have committed to invest at least $20 million to bolster the Company’s balance sheet and to protect its near- and long-term financial...

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) — King Global Ventures Inc. (TSXV: KING) (OTC: KGLDF) (FSE: 5LM1) (the “Company”) is pleased to announce the appointment of Mr. Jimmy Jeon as Chief Financial Officer (“CFO”) of the Company. Mr. Jeon replaces Mr. Victor Hugo, who has served as CFO since August 2020. The Company wishes to thank Mr. Hugo for fulfilling that role and to express its appreciation for his service. Mr. Jeon currently works with Marrelli Support Services Inc. where he provides CFO, accounting, compliance, and management advisory services to numerous public trading companies on the TSX, TSX Venture Exchange and other Canadian and U.S. exchanges. Mr. Jeon is a CPA and holds a Bachelor of Business Administration from Wilfred Laurier University, specializing in accounting. Mr. Jeon has over 6 years’ experience...

CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), issues a correction of the press release that was sent out at 4:00PM ET on September 29, 2023. The correction refers to the fact that the date of the conference call should have been Friday, October 20, 2023. The complete corrected press release: Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), today announced it will release third quarter 2023 earnings results on Thursday, October 19, 2023 after the market closes. Once released, investors may access Amerant’s earnings results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading. On Friday, October 20, 2023, Jerry Plush, Chairman and Chief Executive Officer, and Sharymar Calderón, Executive Vice-President and Chief Financial...

BUFORD, Ga., Sept. 29, 2023 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the sale of two dealerships located near Lake Cumberland in Somerset Kentucky to Troxtell Marine. Lookout Marine and Kentucky Marine had combined annual sales of $6 million. “We continue to further enhance our geographic footprint in some of the largest boating markets in the country. While these dealerships have performed well, they are not aligned with our long-term strategy and believe they would be better positioned with Troxtell Marine, a premier marine business serving the Somerset, Kentucky area,” said Austin Singleton, Chief Executive Officer for OneWater. Troxtell Marine is a premier marine business serving the Somerset, Kentucky area, carrying a variety of outboard motors,...