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Day: November 14, 2023

IZEA Reports Q3 2023 Revenue of $7.9 million

ORLANDO, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), a premier provider of influencer marketing technology, data, and services for the world’s leading brands, reported its financial and operational results for the third quarter ended September 30, 2023. Q3 2023 Financial Summary Compared to Q3 2022Total revenue decreased 27.1% to $7.9 million, compared to $10.8 million Total costs and expenses decreased 13.3% to $10.5 million, compared to $12.2 million Net loss was $2.0 million, compared to a net loss of $0.9 million Adjusted EBITDA* for the quarter was $(1.5) million, compared to $(0.6) million Cash, cash equivalents and investments on September 30, 2023 totaled $62.7 million with no long-term debtQ3 2023 Operational HighlightsIZEA named “Best Influencer Marketing Company” in 2023...

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Singular Genomics Reports Recent Highlights and Third Quarter 2023 Financial Results

SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) — Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and multiomics technologies to empower researchers and clinicians, today highlighted recent corporate achievements and reported financial results for the third quarter ended September 30, 2023. “We shipped five G4 systems in the third quarter, our highest quarterly total yet, launched Max Read flow cell kits for single cell sequencing, and saw our largest number of quarterly consumable kit orders,” said Drew Spaventa, Chairman and Chief Executive Officer of Singular Genomics. “In the near term, we will be building our installed base more aggressively and prioritizing fewer yet higher impact products on our product roadmap. We have also cut costs to extend runway, providing time...

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WillScot Mobile Mini to Participate in Bank of America Leveraged Finance Conference

PHOENIX, Nov. 14, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative temporary space solutions, today announced that Tim Boswell, President and Chief Financial Officer and Matt Jacobsen, Senior Vice President of Finance, will host private investor meetings at the Bank of America Leveraged Finance Conference in Boca Raton, FL, on November 28, 2023. About WillScot Mobile Mini WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative and flexible temporary space solutions. The Company’s diverse product offering includes modular office complexes, mobile offices, classrooms, temporary restrooms,...

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Reviva Reports Third Quarter 2023 Financial Results and Recent Business Highlights

– RECOVER global Phase 3 trial successfully met all primary and secondary endpoints with statistically significant and clinically meaningful reductions across all major symptom domains at week 4 with 50 mg of brilaroxazine vs. placebo in schizophrenia – – Consistent Phase 3 RECOVER and Phase 2 REFRESH findings reinforce meaningful improvements across domains, well-tolerated safety, and low discontinuation rates for brilaroxazine vs. placebo – – Topline data from 1-year open-label extension (OLE) trial expected Q4 2024 – CUPERTINO, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) (“Reviva” or the “Company”), a late-stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central nervous system (CNS), respiratory...

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Reborn Coffee Reports Third Quarter 2023 Financial Results

Third Quarter Revenue Increased 81% to $1.5 Million Third Quarter Gross Profit Increased 80% to $1.0 Million BREA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operational results for the third quarter ended September 30, 2023. Key Financial and Operational HighlightsRevenue increased 81% to $1.5 million in Q3’23 compared to $0.8 million in Q3’22. Ended Q3’23 with 14 open locations, with one location in development. Company-operated store sales increased $0.7 million, or 80% in the quarter ended September 30, 2023, compared to the same period in 2022. Company-operated store gross profit was $1.0 million for the quarter ended September 30, 2023, compared to $0.6 million...

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Belpointe OZ Signs Greystar as Their Property Manager for Aster & Links, Two Luxury 10-story Buildings in Sarasota, FL

Greenwich, CT, Nov. 14, 2023 (GLOBE NEWSWIRE) — Belpointe PREP, LLC (NYSE: American: OZ) (“Belpointe OZ” or the “Company”), the first publicly traded Qualified Opportunity Fund (“QOF”), is pleased to announce the signing of Greystar, a global leader in the development and management of rental housing, as their property manager for Aster & Links, the Company’s two-building development in Sarasota, Florida. The Aster & Links development project will feature two 10-story high-rise buildings and is will consist of 424 apartment homes, ranging from one-bedroom, two-bedroom, and three-bedroom apartments to four-bedroom townhome-style penthouses that cater to a variety of modern lifestyle preferences. Aster & Links is intended to become a benchmark for elevated living, boasting over 900 parking spaces, including both garage...

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Freddie Mac Multifamily Loan Purchase Cap for 2024 is $70 Billion

Direction will shape Multifamily lending, mission focus for year ahead MCLEAN, Va., Nov. 14, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily’s loan purchase cap for 2024 will be $70 billion. The cap is set by the Federal Housing Finance Agency (FHFA) based on projections for the size of the multifamily debt origination market. Freddie Mac has also received from FHFA updated criteria for its “mission-driven” business. “We know the multifamily market faces significant headwinds, which makes Freddie Mac’s countercyclical role critically important to lenders and borrowers,” said Kevin Palmer, head of Multifamily for Freddie Mac. “We continue to maintain a laser focus on providing liquidity, stability and affordability to the market, and FHFA has again set strong requirements that create the conditions for us to deliver...

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Anoto postpones Extraordinary General Meeting

Stockholm, November 14, 2023 – Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that the Company has received a request to cancel the extraordinary general meeting on November 15, 2023 from a group of major shareholders in Anoto, consisting of Beof Company Ltd., Rothesay Limited, Anders Björndahl, Jörgen Durban, Inhye Kim and Digital Bio Marker Co Ltd (the “Major Shareholders”), who together represent approximately 30 percent of the total number of shares and votes in Anoto. The Major Shareholders have further requested that the Board convene a new extraordinary general meeting. The Major Shareholders have informed the Board that they will, after sounding out with other major shareholders in the Company, present a proposal for a new Board well in advance of this extraordinary general...

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Correction: Nano Dimension Announces Breakthrough in Materials Critical for Additively Manufactured Electronics

New Material, INSU200, is a Dielectric Ink With Leading Thermo-Mechanical Properties R&D Driven Innovation Complies with Leading Electronics Industry Standardization Bodies The Material Will be Showcased at the Productronica Event in Munich, Germany, November 14-17 Waltham, Mass., Nov. 14, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “Nano”, or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced a breakthrough in the development of a material that is a critical enabler for the advancement of additively manufactured electronics (AME). Materials, which are commonly known as consumables, are an important factor in the success of additive manufacturing...

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Unrivaled Brands Reports Third Quarter 2023 Financial Results

Company Reports Retail Gross Profit Percentage of 52% SANTA ANA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled” or the “Company”), a cannabis company with operations throughout California, today reported financial results for its fiscal third quarter ended September 30, 2023. Third Quarter 2023 HighlightsRevenue for the quarter ended September 30, 2023 was $8.6 million with 94% of revenue from retail sales. Revenue for the quarter ended September 30, 2023 was driven by our four retail stores and sales of our in-house cultivated flower and Korova-branded products.Retail gross margin was 52% for the quarter ended September 30, 2023.Selling, general and administrative expenses for quarter ended September 30, 2023 decreased by 7% compared to the previous quarter...

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