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Day: November 13, 2023

Kayne Anderson Energy Infrastructure Fund Announces Completion of Merger with Kayne Anderson NextGen Energy & Infrastructure

HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announced today the completion of the merger of Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) with KYN (the “Merger”). KMF was merged with and into a wholly owned subsidiary of KYN, and KMF stockholders received either (i) newly issued common stock of KYN (“Stock Consideration”) or (ii) cash (“Cash Consideration”), subject to the adjustment and proration procedures as set forth in the merger agreement. The exchange rate for Stock Consideration was based on each fund’s relative net asset value (“NAV”) per share as of November 10, 2023, and the per share Cash Consideration was based on 95% of the NAV per share of KMF’s common stock as of the same date, as listed below:Surviving Fund NAV per shareKayne...

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MEGA MATRIX CORP. Reports Third Quarter 2023 Financial Results

Mega Matrix New York Stock ExchangeListed Powerhouse is driving the Ethereum movement.Discover the gateway of Ethereum’s potential.Your journey to profits starts now. Embrace Ethereum’s rise.Elevate your investments.Mega Matrix Unleash the power of Ethereum.PALO ALTO, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced financial results for its third quarter ended September 30, 2023. Financial HighlightsThe Company had cash and cash equivalents of $2.0 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $7.0 million, as of September 30, 2023. Total assets were $9.0 million as of September 30, 2023. Equity attributable to MPU’s...

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Atossa Therapeutics Announces Third Quarter 2023 Financial Results and Provides Corporate Update

Achieved significant enrollment milestones in ongoing Phase 2 clinical trials Four ongoing Phase 2 studies evaluating (Z)-endoxifen, including recently announced study in DCIS Ended third quarter 2023 with $94.0 million of cash and cash equivalentsSEATTLE, Nov. 13, 2023 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical stage biopharmaceutical company developing innovative proprietary medicines to address significant unmet needs in oncology with a focus on breast cancer, today announces financial results for the quarter ended September 30, 2023, and provides an update on recent company developments. Key developments from Q3 2023 and year to date include:80% Enrollment in Ongoing Phase 2 Karisma-Endoxifen Clinical Trial – the study is investigating (Z)-endoxifen in premenopausal women with measurable breast...

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UPDATE – Galectin Therapeutics Reports Financial Results for the Quarter Ended September 30, 2023 and Provides Business Update

NORCROSS, Ga., Nov. 13, 2023 (GLOBE NEWSWIRE) — Galectin Therapeutics, Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, today reported financial results and provided a business update for the three months ended September 30, 2023. These results are included in the Company’s Quarterly Report on Form 10-Q, which has been filed with the U.S. Securities and Exchange Commission and is available at www.sec.gov. Joel Lewis, Chief Executive Officer and President of Galectin Therapeutics, said: “Recently, two significant events occurred that we believe demonstrate confidence in our ongoing mission to bring to market a therapy for NASH cirrhosis patients where none currently exists. First, in late September 2023, our Board Chairman, Richard E. Uihlein, exercised 2,236,204 common stock purchase...

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Hamilton Thorne Reports Revenue for the Quarter and Nine Months Ended September 30, 2023

Revenue up 16% to $15.7 million and Adjusted EBITDA up 3% to $2.2 million for the quarter BEVERLY, Mass. and TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported audited financial results for the quarter and nine months ended September 30, 2023. Financial HighlightsSales increased 16% year over year to $15.7 million for the quarter; sales for the nine-month period increased 17% to $41.8 million; sales increased 12% for the quarter and 16% for the nine-month period on a constant currency basis Gross profit increased 18% to $7.7 million for the quarter; increased 21% to $24.7 million for the nine-month period Adjusted EBITDA increased...

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OSS Unveils New Gen 5 AI Transportable Compute Server

OSS Gen 5 Server Doubles Performance — Powering the Most Demanding Intelligent Edge ApplicationsGen 5 Short-Depth Server (SDS)OSS new Gen 5 AI Transportable compute server doubles the performance over previous generation for powering the most demanding intelligent edge applications.ESCONDIDO, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged High Performance Compute (HPC) for Artificial Intelligence (AI), Machine Learning and sensor processing at the edge, will unveil today its latest AI Transportable, a Gen 5 short-depth server (SDS), at SC23, the international conference for high performance computing being held in Denver, Colorado on November 12-17, 2023. Gen 5 Short-Depth Server (SDS)OSS new Gen 5 AI Transportable compute server doubles the performance over previous...

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Foremost Lithium Engages Outside the Box Capital for Digital Marketing Services

VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced that it has entered into a marketing and distribution services agreement (the “Marketing Agreement”) with an arm’s length marketing firm, Outside The Box Capital Inc. (“OTBC”) of Oakville Ontario, to provide marketing services, including digital marketing services through various social media channels to broaden media distribution awareness about the Company. OTBC will also feature Foremost Lithium in different influencer-based videos and highlight videos surrounding recent Company news via platforms including Reddit, Discord, Telegram, Twitter and StockTwits. In addition,...

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CORRECTION: DIRTT Reports Third Quarter 2023 Financial Results

CALGARY, Alberta, Nov. 13, 2023 (GLOBE NEWSWIRE) — In a release issued on November 9, 2023, the Adjusted EBITDA figure for the nine months ended September 30, 2023 in the reconciliation from net loss for the period to Adjusted EBITDA incorrectly had a bracket around the number. The brackets have been removed in this update. DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and nine months ended September 30, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated.   Third Quarter 2023 HighlightsIn our seasonally strongest quarter, we generated revenue of $49.5 million, up 11% from the second quarter and 6% compared to the prior year period, and a net...

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Bridgeline, Xngage Unveil Enhanced Search Solution for Optimizely

WOBURN, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a leading marketing technology software provider, and Xngage, a leading digital eCommerce services firm, together announce the launch of the Xngage Connector for Bridgeline’s HawkSearch AI software in the Optimizely Configured Commerce platform. This new connector, a product of the collaborative efforts of Bridgeline and Xngage, marks a significant step in enhancing eCommerce search functionalities and product discovery for Optimizely customers. HawkSearch, recognized for its powerful onsite search and product discovery tools, now seamlessly integrates with Optimizely, thanks to the collaboration between Bridgeline and Xngage. This integration prominently features HawkSearch’s ‘workbench,’ a key tool enabling merchants to fine-tune...

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IDT Corporation to Participate in Southwest IDEAS Investor Conference

NEWARK, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech and communications services, announced today that its Chief Financial Officer, Marcelo Fischer, will participate in the 15th Annual Southwest IDEAS Investor Conference on Wednesday, November 15th at The Statler in Dallas, TX. Mr. Fischer’s presentation will take place from 9:20 to 9:55 Central Time. The presentation will be webcast and can be accessed through the conference host’s main website, https://www.threepartadvisors.com/southwest, and through the IDT investor relations website, https://www.idt.net/investors-and-media/. In addition, Mr. Fischer will host meetings with conference participants throughout the day on Wednesday. To request a meeting or participate in the IDEAS conferences, please contact Lacey Wesley at (817)...

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