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Day: November 16, 2023

HII Hosts U.S. State Department Official at Newport News Shipbuilding

HII Department of State VisitAmbassador Bonnie Jenkins, right, U.S. Department of State Under Secretary for Arms Control and International Security, speaks with Dr. Latitia McCane, left, director of education at The Newport News Shipbuilding Apprentice School, during a visit to HII on Thursday, November 16, 2023.NEWPORT NEWS, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) hosted the U.S. Department of State Under Secretary for Arms Control and International Security at its Newport News Shipbuilding division today. Ambassador Bonnie Jenkins leads the Department of State efforts in support of the trilateral Australia, United Kingdom and United States (AUKUS) partnership implementation. She met with NNS leadership and visited shipyard facilities that support construction of Virginia-class nuclear-powered attack submarines....

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MINILUXE ANNOUNCES NEW APPOINTMENTS TO ITS BOARD OF DIRECTORS AND LEADERSHIP TEAM

Kelley Morrell, CFO of Wonder Group and formerly of Blackstone, to join the Board and Sean Bock, formerly of Drybar, to lead new franchising efforts Boston, MA, Nov. 16, 2023 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) announced today that Kelley Morrell, current CFO of Wonder Group and former Senior Managing Director of Blackstone, has been appointed to join MiniLuxe’s Board of Directors subject to final shareholder approval at the Company’s annual meeting to be held on December 1, 2023. The Company also announced that it is partnering with Sean Bock, longstanding head of franchise divisions for service retail brands including Drybar and Heyday, to serve as MiniLuxe’s Franchise Development Officer. MiniLuxe will launch its franchising plans together with Mr. Bock in the first half of 2024. Kelley Morrell is a highly...

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Ascent Solar Technologies Achieves Efficiency of 17.73% for CIGS Technology, and design improvements allow for Superior Space Solar Array Power Capabilities

THORNTON, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) — Ascent Solar Technologies, (Nasdaq: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today that the latest test results of its proprietary CIGS technology show an efficiency increase from 17.55% to 17.73%.  This milestone achievement will feature: The Company’s Plug & FlyTM integrated thin-film solar array subsystems to generate more power – with less mass and volume requirements – outperforming heavier and costlier counterparts that space mission directors have historically used. Increased efficiency allowing Ascent to provide drop-in replacement array panels for satellites that produce more power, while also requiring reduced...

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Oil-Dri Corporation of America Ranked #7 on Forbes’ 2024 List of America’s Most Successful Small-Cap Companies

CHICAGO, Nov. 16, 2023 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America was recently ranked #7 out of 100 on Forbes’ List of America’s Most Successful Small-Cap Companies for 2024. Daniel S. Jaffee, President and Chief Executive Officer, stated, “We are honored to have been included on Forbes’ List of America’s Best Small-Cap Companies. This recognition highlights our team’s dedication to deliver value to our shareholders, customers, and other stakeholders. We remain focused on growth in this small-cap arena with our innovative mineral based sorbent products.” Forbes used data from FactSet to compile its annual list of America’s Most Successful Small-Cap Companies. Over 1,000 small-cap companies with a market value between $300 million – $2 billion were reviewed, and the list was narrowed down to 389 companies that...

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NowVertical Group Announces Third Quarter 2023 Earnings Release Date and Financial Webinar

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), the vertical intelligence (VI) software and solutions company, will announce its 2023 third quarter financial results on Wednesday, November 29, 2023, after the market close, followed by a webinar at 9:30 AM EDT (6:30 AM PDT) on Thursday, November 30, 2023 to discuss the Company’s financial and business results and outlook. NOW invites shareholders, analysts, investors, media representatives, and other stakeholders to attend our upcoming earnings webinar, where Sasha Grujicic, Chief Executive Officer, Andre Garber, Chief Development Officer and Alim Virani, Chief Financial Officer will discuss Q3 2023 results, followed by a question-and-answer session. Q3 Investor Webinar RegistrationRegister here: https://bit.ly/NOW-Q3-2023-Registration A...

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PyroGenesis Announces Commencement of Trading on the OTCQX Best Market in the United States

Maintains Listing on the Toronto Stock Exchange MONTREAL, Nov. 16, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, today announces that the Company’s common shares (“Shares”) have been qualified to begin trading on the OTCQX Best Market, effective November 16, 2023 under the symbol “PYRGF.” As announced in the previous press release dated October 27, 2023, the Company made a strategic decision to voluntarily delist from NASDAQ and, as such, trading in the Company’s Shares on that exchange ceased on November 16, 2023. The...

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Intchains Group Limited Reports Third Quarter 2023 Unaudited Financial Results

SHANGHAI, China, Nov. 16, 2023 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Operating and Financial HighlightsSales volume of ASIC chips was 165,056 units for the third quarter of 2023, representing a decrease of 70.3% from 555,350 units for the same period of 2022. Revenue was RMB6.8 million (US$0.9 million) for the third quarter of 2023, representing a decrease of 94.6% from RMB126.4 million for the same period of 2022. Net loss was RMB19.1 million (US$2.6 million) for the third quarter of 2023, compared to a net income of RMB96.6...

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ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

CARROLLTON, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) — ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on November 16, 2023, ADDvantage Technologies Group, Inc. effected a one-for-10 (1:10) reverse stock split of all issued and outstanding shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”) effective as of 12:01 a.m. Eastern Time on November 16, 2023 (the “Reverse Stock Split”), vide a Certificate of Amendment to the Certificate of Incorporation of ADDvantage Technologies Group, Inc. (the “Certificate of Amendment”) filed with the Secretary of State of Oklahoma on November 16, 2023, and deemed effective on November 16, 2023 at 12:01 a.m. Eastern Time. The Reverse Stock Split was intended to bring the Company into compliance with the...

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Movella Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing

HENDERSON, Nev., Nov. 16, 2023 (GLOBE NEWSWIRE) — Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announces today that it received a notice (the “Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) on November 16, 2023 stating that Movella is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of Movella’s failure to timely file its quarterly report on Form 10-Q for the quarter ended September 30, 2023 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). On November 15, 2023, Movella filed a Notification of Late Filing on Form 12b-25 indicating that the filing of the Quarterly Report would be delayed principally due to the ongoing review by...

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Midland Announces First Closing of Private Placement, for an Amount of $2.0M

MONTREAL, Nov. 16, 2023 (GLOBE NEWSWIRE) — Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce that it has completed the first closing of a non-brokered private placement by issuing a total of 2,651,228 flow-through common shares at $0.65 per share and 666,666 common shares at $0.45 per share, for total gross proceeds of $2,023,300 (the “Private Placement”). The securities issued in connection with the Private Placement are subject to a four-month-and-one-day statutory hold period expiring on March 17, 2024. Midland will use the Private Placement proceeds to fund exploration works on its properties located in Quebec and for general corporate purposes. Insiders have participated in the Private Placement and were issued 269,000 flow-through common shares, for total gross proceeds of $174,850. Such participation...

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