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Month: September 2023

Nature Wood Group Limited Announces Closing of $6.75 Million Initial Public Offering

MACAU, Sept. 14, 2023 (GLOBE NEWSWIRE) — Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to the public of US$9 per ADS for gross proceeds of US$6.75 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 112,500 additional ADSs at the public offering price, less underwriting discounts and expenses, to cover over-allotment, if any. Each ADS represents eight ordinary shares of the Company. The Offering closed on 14...

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Global Commerce Cloud Market Size to Reach USD 84.60 Billion in 2030 | Emergen Research

Advancement in technology to help cloud computing solutions is a key factor driving market revenue growth Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) — The global commerce cloud market size was USD 12.72 Billion in 2021 and is expected to register a revenue CAGR of 23.6% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increasing widespread acceptance of cloud computing solutions across sectors. According to a study conducted in 2019, over 94% of organizations utilize cloud in some capacity, with 91% of them using public clouds and 72% using private ones. Don’t Miss Out! Click Here to Access the Sample Report @ https://www.emergenresearch.com/request-sample/1369 In addition, majority of firms use both public and private clouds, with...

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First Wave BioPharma Announces Exercise of Warrants and Issuance of New Warrants in a Private Placement for $4.0 Million Gross Proceeds Priced At-the-Market

BOCA RATON, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc. (“First Wave BioPharma” or the “Company”) (NASDAQ: FWBI), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, today announced it has entered into agreements with certain holders of its existing warrants exercisable for 5,882,036 shares of its common stock, in the aggregate, to exercise their warrants at a reduced exercise price of $0.43 per share, in exchange for new warrants as described below. The aggregate gross proceeds from the exercise of the existing warrants is expected to total approximately $4.0 million, before deducting financial advisory fees. The reduction in the exercise price of the existing warrants and the issuance of the new warrants was structured...

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SUPERIOR GROUP OF COMPANIES TO PARTICIPATE IN THE SIDOTI SEPTEMBER VIRTUAL INVESTOR CONFERENCE

ST. PETERSBURG, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. (NASDAQ: SGC) today announced that Michael Benstock, Chief Executive Officer, and Michael Koempel, Chief Financial Officer, will participate in the Sidoti September Virtual Investor Conference on Wednesday, September 20, 2023. Management will participate in a fireside chat at 1:45 p.m. Eastern Time. The live webcast and replay will be available for viewing on the investor relations presentations page of the company’s website at https://ir.superiorgroupofcompanies.com/presentations. Management will also host virtual one-on-one and small group meetings throughout the day. About Superior Group of Companies, Inc. (SGC):Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large,...

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Technology Leader Pushpay Announces Executive Leadership Hire, Welcomes Burt Y. Chao as Chief Financial Officer

Chao will lead Pushpay’s finance and accounting teams, optimizing financial performance for the now privately held SaaS company REDMOND, Wash., Sept. 14, 2023 (GLOBE NEWSWIRE) — Pushpay, the leading payments and engagement solutions provider for mission-driven organizations, announced today that Burt Y. Chao will serve as the Company’s new Chief Financial Officer, based in its Redmond headquarters. Chao brings decades of financial and operational leadership experience, and according to Pushpay CEO Molly Matthews, “Not only will Burt play a pivotal role in helping strengthen our balance sheet and accelerate the growth of our business, but his approach to leadership aligns well with our core values and culture.” While working cross-functionally to support the Company’s key initiatives of culture, growth and operational...

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LiveOne Announces Record Setting August Paid Membership Growth of 63K

 – Added 306K New Tesla Paid Members in First Five Months of FY2024 – a 30% Year-Over-Year Increase – Added 684K New Paid Members Over the Past Year – a 40% Increase with ARPU of $3+ Per Month – Total Members Increased to 3.26M Including 2.38M Paid Members* – Raises Guidance to 800K – 825K New Paid Members* This Fiscal Year  LOS ANGELES, CA, Sept. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that it continues to break multiple membership records. LiveOne’s CEO and Chairman, Robert Ellin, commented, “Since acquiring Slacker Radio just five years ago, annual revenue has more than tripled from $20M with a loss of $7M, to more than $60M and very significant EBITDA**....

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Global Interactive Display Market Size to Reach USD 18.81 Billion in 2030 | Emergen Research

Rise of Augmented and Virtual Reality (AR/VR) is increasing requirements for advanced display panels, which is driving global interactive display market revenue growth Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) — The global interactive display market size is expected to reach USD 18.81 Billion at a revenue CAGR of 8.1% in 2030, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by burgeoning smart appliance user base and growing public requirements for premium display panels. Advancements in OLED technology and component simplification also help technology to improve owing to a developing trend in the interactive display panel sector. Also, display panels are being used as a digital signage in industries including sports, media, and entertainment. For instance, on January 6, 2021, Samsung...

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Global Battery Management System (BMS) Market Size to Reach USD 38.97 Billion in 2030 | Emergen Research

Rapid advancements and innovation in battery management system technologies and increasing need for battery monitoring in modern renewable energy systems are key factors driving battery management system market revenue growth Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) — The global Battery Management System (BMS) market size was USD 7.43 Billion in 2021 and is expected to register a revenue CAGR of 20.4% during the forecast period, according to the latest analysis by Emergen Research. Growing advancements in battery management system technologies and rising demand for Electric Vehicles (EVs) are major factors projected to support market revenue growth between 2021 and 2030. A battery pack is an assembly of battery cells under the control of BMS, which monitors battery, provides battery protection, estimates battery’s operational...

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Global Kitchen Appliances Market Size to Reach USD 230.49 Billion in 2030 | Emergen Research

Rapid advancements and innovation in kitchen appliances technologies and rising health concerns due to COVID- 19 pandemic are key factors driving kitchen appliances market revenue growth Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) — The global kitchen appliances market size was USD 171.68 Billion in 2021 and is expected to register a revenue CAGR of 3.3% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in kitchen appliances and launch of innovative products are factors projected to support market revenue growth between 2021 and 2030. For example, presently dishwashers are manufactured with more innovative designs, operate more quietly, use less electricity, and clean more thoroughly. The US Department of Energy (DoE) claims that modern dishwashers conserve water and energy...

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Global Fire Protection System Market Size to Reach USD 108.35 Billion in 2030 | Emergen Research

Integration of smoke detectors with IoT and big data is a key factor driving fire protection system market revenue growth Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) — The global fire protection system market size was USD 62.10 Billion in 2021 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to latest analysis by Emergen Research. Growing stringent regulations pertaining to fire protection is a key factor driving market revenue growth. Idea of smart smoke detectors has gained attention owing to advancements in smoke detectors as well as IoT and big data technologies. Programmable smart smoke alarms are simple to link to Wi-Fi connections in residential and business settings. Smart detectors’ main benefit is that it can be connected to a smartphone, hence homeowner will be informed if it ever...

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