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Day: November 24, 2023

Society Pass Inc (Nasdaq: SOPA) Granted Extension until 20 May 2024 to Regain Compliance with Nasdaq Listing Rules

NEW YORK, Nov. 24, 2023 (GLOBE NEWSWIRE) — Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that it has received an extension until 20 May 2024 to regain compliance with NASDAQ Listing Rules. The NASDAQ extension letter was filed in a Form 8-K with the U.S. Securities and Exchange Commission (“SEC”) on 22 November 2023. Click Here (on SEC website) to view Form 8-K. NASDAQ determined that SOPA is eligible for an additional 180 calendar day period, or until 20 May 2024, to regain compliance with NASDAQ’s minimum $1.00 per share bid price requirement, as set forth in NASDAQ Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). This determination is pursuant to the discretionary authority granted to...

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Wearable Devices Establishes U.S. Offices in Silicon Valley Expanding North American Presence

The Company, through its subsidiary, intends to foster stronger partner relations for its neural input technology and extend its market presence for the Mudra Band YOKNEAM ILLIT, ISRAEL, Nov. 24, 2023 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touchless sensing wearables, is excited to announce that its subsidiary has established a new U.S. office in Redwood City, California, less than thirty miles south of San Francisco. The new location is expected to enhance the Company’s market presence and partner relations while ushering in a significant chapter of growth and development. With offices located in the heart of Silicon Valley, the Company is poised to significantly strengthen its local presence by providing a dedicated...

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CITIC Offshore Helicopter and Lilium partner to launch eVTOL Network in China’s Greater Bay Area

COHC and Lilium to jointly launch services in China using Lilium’s revolutionary eVTOL jet SHENZEN, China, Nov. 24, 2023 (GLOBE NEWSWIRE) — Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and CITIC Offshore Helicopter Co., Ltd (COHC), China’s sole helicopter port pilotage provider — today announced the signing of a Memorandum of Understanding (“MoU”) that will allow the two companies to strategically collaborate on the establish of an eVTOL operation network in China, starting with the Greater Bay Area. As part of the agreement, Lilium and COHC will work together to develop services in the region based on market demand, and eventually offer regular eVTOL services. This will initially commence in the Greater Bay Area, with additional planned service across the Guangdong-Hong...

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Compass Pathways to participate in upcoming Evercore investor conference

LONDON, Nov. 24, 2023 (GLOBE NEWSWIRE) — Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced today that management will hold a fireside chat at the 6th Annual Evercore ISI HealthCONx Conference at 10:25 am ET on November 30, 2023. A live audio webcast of the fireside chat will be accessible from the “Events” page of the Investors section of the Compass website. The replay of the webcast will be accessible for 30 days following such event. For more information, please visit ir.compasspathways.com. About Compass PathwaysCompass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. Our focus is on improving the lives of those who are suffering...

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YanGuFang Expands Retail Presence in China’s Supermarkets

SHANGHAI, China, Nov. 24, 2023 (GLOBE NEWSWIRE) — YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced the continued expansion of the Company’s presence in China’s supermarkets, including Yonghui, Century Mart and RT-MART, bringing YanGuFang’s whole grain products to a wider range of consumers. Since the beginning of 2023, the Company has strategically expanded its footprint by establishing new partnerships with supermarkets across China. Simultaneously, the Company has continued to showcase and market its products in supermarkets in China such as Yonghui, Walmart, Century Mart, and RT-MART. The Company’s...

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Chimerix Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

DURHAM, N.C., Nov. 24, 2023 (GLOBE NEWSWIRE) — Chimerix (NASDAQ:CMRX), today announced that on November 20, 2023, the Compensation Committee of Chimerix’s Board of Directors granted an inducement award to a new employee of non-qualified stock options to purchase 150,000 shares of Chimerix’s common stock. The Compensation Committee of Chimerix’s Board of Directors approved the award as an inducement material to the new employee’s employment agreement in accordance with Nasdaq Listing rule 5635(c)(4). The stock option has an exercise price per share equal to $1.00 per share, Chimerix’s closing trading price on November 20, 2023. The stock option has a 10-year term and will vest over four years, with one-fourth vesting on the one-year anniversary of the grant date and the remaining three-fourths vesting over the following three years...

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Evergold Announces Grant of Stock Options

TORONTO, Nov. 24, 2023 (GLOBE NEWSWIRE) — Evergold Corp. (“Evergold” or the “Company”) (TSX-V: EVER, WKN: A2PTHZ) announces, pursuant to the Company’s stock option plan, that a total of 3,951,000 stock options have been granted to the directors, officers and consultants of the Company. The options are exercisable into one common share of the Company at a price of $0.085 for a period of five years from the date of grant and are subject to vesting conditions. About Evergold Evergold Corp. is a TSX-V listed mineral exploration company with projects in B.C. and Nevada. The Evergold team has a track record of success in the junior mining space, most recently the establishment of GT Gold Corp. in 2016 and the discovery of the Saddle South epithermal vein and Saddle North porphyry copper-gold deposits near Iskut B.C., sold to Newmont...

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Huhtamaki welcomes the European Parliament’s position on the Packaging and Packaging Waste Regulation

HUHTAMÄKI OYJ PRESS RELEASE 24.11.2023 AT 14:15 EEST The European Parliament voted on proposed new EU rules for packaging and packaging waste on Wednesday November 22. Members of Parliament voted to approve the proposal by the European Commission with amendments. Key amendments adopted by the European Parliament include deletion of proposed single-use bans in the HORECA sector and removal of re-use targets for take-away food and drinks.  “We are pleased that the version of Packaging and Packaging Waste Regulation approved by the European Parliament follows the principle of respecting best environmental outcomes as it altered the original proposal of the European Commission by allowing use of renewable and recyclable paper-based single use packaging in the HORECA sector and by removing re-use targets for take-away food and drinks”, says...

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Appointments within SCOR Investment Partners

  PRESS RELEASE | November 24, 2023 N° 05- 2023Appointments within SCOR Investment Partners SCOR Investment Partners, the SCOR Group’s asset management company, announces appointments within its leadership team to support the next phase of its development and accelerate the growth of its third-party asset management activity. Louis Bourrousse is appointed Chief Executive Officer of SCOR Investment Partners. Previously, he was Head of Business Development and Deputy Chief Executive Officer. He succeeds Fabrice Rossary who is leaving the Group to pursue new opportunities. Alexandre Jaeglé, previously Head of Sales, is appointed Head of Business Development. He succeeds Louis Bourrousse who becomes Chief Executive Officer. Alexandre will oversee sales and marketing activities. Under Louis Bourrousse’s leadership, SCOR Investment...

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H World Group Limited Reports Third Quarter of 2023 Unaudited Financial Results

A total of 9,157 hotels or 885,756 hotel rooms in operation as of September 30, 2023. Hotel turnover1 increased 55.1% year-over-year to RMB23.5 billion in the third quarter of 2023. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 59.2% year-over-year in the third quarter of 2023. Revenue increased 53.6% year-over-year to RMB6.3 billion (US$861 million)2 in the third quarter of 2023, surpassing the revenue guidance previously announced of a 43% to 47% increase compared to the third quarter of 2022. Revenue from the Legacy-Huazhu segment in the third quarter of 2023 increased 61.8% year-over-year, exceeding the revenue guidance previously announced of a 49% to 53% increase. Net income attributable to H World Group Limited was RMB1.3 billion (US$183 million) in the third quarter of...

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