Day: November 21, 2023

Mobix Labs, Inc. and Chavant Capital Acquisition Corp. Announce Effectiveness of Registration Statement on Form S-4

Extraordinary General Meeting of Chavant Shareholders to Approve Proposed Business Combination Set for December 14, 2023 IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) — Mobix Labs, Inc. (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity technologies for 5G infrastructure, satellite communications and defense industries, and Chavant Capital Acquisition Corp. (Nasdaq: CLAY) (“Chavant”), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (the “SEC”) has declared effective the Registration Statement on Form S-4 (as amended, the “Registration Statement”) filed by Chavant and relating to the previously announced proposed business combination between Mobix Labs and Chavant (the “Business Combination”). The...

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URBN Reports Record Sales and a 120% Increase in EPS

PHILADELPHIA, Nov. 21, 2023 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced net income of $83.0 million and earnings per diluted share of $0.88 for the three months ended October 31, 2023. For the nine months ended October 31, 2023, net income was $239.9 million and earnings per diluted share were $2.55. Total Company net sales for the three months ended October 31, 2023, increased 9.0% to a record $1.28 billion. Total Retail segment net sales increased 7.3%, with comparable Retail segment net sales increasing 5.6%. The increase in Retail segment comparable net sales was driven by high single-digit positive growth...

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dLocal Reports 2023 Third Quarter Financial Results

Third Quarter 2023US$4.6 billion Total Payment Volume, up 69% year-over-year and 6% quarter-over-quarterRevenue of US$164 million, up 47% year-over-year and 2% quarter-over-quarter141% Net Revenue Retention RateGross Profit of US$75 million, up 38% year-over-year and 5% quarter-over-quarterAdjusted EBITDA of US$56 million, up 34% year-over-year and 7% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, Nov. 21, 2023 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform today announced its financial results for the third quarter ended September 30, 2023. “After my first quarter at dLocal, I am extremely enthusiastic about our future prospects and the promising opportunities that lie ahead. I am pleased...

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National Security Cutter Calhoun (WMSL 759) Sails Away from HII’s Ingalls Shipbuilding

Calhoun (WMSL 759) The U.S. Coast Guard’s newest Legend-class national security cutter, Calhoun (WMSL 759), departs from HII’s Ingalls Shipbuilding division. Photo by HII PASCAGOULA, Miss., Nov. 21, 2023 (GLOBE NEWSWIRE) — The U.S. Coast Guard’s newest Legend-class national security cutter, Calhoun (WMSL 759), departed from HII’s (NYSE: HII) Ingalls Shipbuilding division on Sunday, Nov. 19. “We congratulate the NSC team of shipbuilders on a job well done,” said Ingalls Shipbuilding NSC Program Manager Amanda Whitaker. “Watching Calhoun sail away is a proud moment for us all and we look forward to watching this highly capable national security cutter serve for decades to come.” Calhoun is scheduled for commissioning in 2024 and will be homeported in Charleston, S.C., joining cutters Hamilton, James and Stone. Ingalls has...

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Richtech Robotics Announces Closing of Upsized Initial Public Offering

LAS VEGAS, Nov. 21, 2023 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots for the hospitality and healthcare industries, today announced the closing of its upsized initial public offering (the “Offering”) of 2,100,000 shares of Class B common stock at a price to the public of $5.00 per share. The aggregate gross proceeds from the Offering amounted to $10.5 million, prior to deducting underwriting discounts, commissions, and Offering-related expenses. In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to an additional 315,000 shares of Class B common stock at the public offering price, less underwriting discounts. The shares began trading on the Nasdaq Capital Market under the...

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Icelandair: Short-term booking flow slowing but net profit still expected

Seismic activity has been ongoing in Southwest Iceland. Currently this activity has not impacted flight operations at Keflavik International airport and all Icelandair flights are operating as normal. Due to this situation, however, booking flow for inbound tourists to Iceland has slowed significantly for the near-term. Bookings during the winter months are made close to the date of travel. Thus, the current situation affects revenue generation for the remainder of the year, as tourists to Iceland are an important factor in revenue generation for November and December. With this situation ongoing, the guidance provided to the market on 13 September 2023 no longer applies and because of the uncertainty it is not possible to provide an accurate guidance for the full year. However, the Company still expects to return net profit after taxes...

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Verizon Frontline supports wildfire response efforts in Virginia

MADISON, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) — The Verizon Frontline Crisis Response Team recently completed a deployment in support of the more than 200 first responders responsible for battling the Quaker Run Fire in Madison County, Va. and in Shenandoah National Park. At the request of the Madison County Emergency Management Agency, a Satellite Picocell on a Trailer (SPOT) and several other Verizon Frontline solutions were delivered to a location near the fire to help provide firefighters and other public safety agencies on the front lines of the response operation with critical voice and data service. SPOTs are rapidly deployable and provide wireless network coverage in remote areas where traditional signals are challenging or unavailable, like the area in and around Shenandoah National Park, where the Quaker Run Fire, which...

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Else Nutrition Announces Closing of C$5 Million Offering of Units

Not for distribution to United States newswire services or dissemination in the United States VANCOUVER, British Columbia, Nov. 21, 2023 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) (“Else” or the “Company”), the Plant-Based baby, toddler, and children nutrition company today announces that it has closed its previously announced offering of Units (the “Units”) of the Company (the “Offering”). Pursuant to the Offering, the Company issued a total of 13,000,000 Units at a price of C$0.385 per Unit for gross proceeds of C$5,005,000. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each warrant is exercisable to acquire one common share at a price of C$0.485 until November 21, 2028. The Company plans to use the net proceeds...

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CGrowth Capital Inc. Highlights Recent Achievements and Strategic Focus in Company Update

NEW YORK, NY, Nov. 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – CGrowth Capital Inc. (OTC: CGRA) is a public holding company for alternative and undervalued assets. The company is sector and industry agnostic and currently consists of two divisions including Mining and Sports Technology. The company is focused on acquiring and investing in growth-oriented opportunities where the company’s capital, expertise, and capabilities can help create significant added value for shareholders. Following its successful raise of $1 million in non-debt financing from a Dubai-based family office, CGRA will be updating shareholders regarding a series of achievements and upcoming milestones. Ahead of these announcements, the company would like to provide a general overview and update on the current status across both the Sports Technology and...

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Can-Fite Announces Exercise of Warrants for Approximately $3.0 Million in Gross Proceeds

PETACH TIKVA, Israel, Nov. 21, 2023 (GLOBE NEWSWIRE) —  Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE: CANF), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 1,963,637 American Depositary Shares (ADSs), having exercise prices ranging from $6.00 to $5.50 per ADS, issued by Can-Fite in December 2021 and January 2023, at a reduced exercise price of $1.53 per share. The ADSs representing ordinary shares issuable upon exercise of the warrants are registered pursuant to effective registration statements on Form F-3 (File No. 333-262055) and Form F-1 (File No. 333-269485). The closing of the offering...

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