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Day: December 6, 2023

LPL Financial Charitable Foundation Named Community Impact Award Winner at Thinkadvisor’s Luminaries

LPL Financial Foundation recognized for support of underserved small business owners SAN DIEGO, Dec. 06, 2023 (GLOBE NEWSWIRE) — LPL Financial today announced that the LPL Financial Charitable Foundation (“LPL Financial Foundation”) – the company’s charitable arm – won the 2023 LUMINARIES Community Impact award in the Broker-Dealer firm category. The LUMINARIES Awards spotlight how individuals and firms are changing the investment advisory industry where it matters most for clients and the community. The LPL Financial Foundation received the award for its funding of LISC (Local Initiatives Support Corporation), San Diego’s efforts to revitalize the Linda Vista (CA) farmers’ market. The LPL Financial Foundation’s assistance to the market provides underserved small business owners opportunities to tap into a new client base and strengthen...

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Verizon launches partnership with the Greater Cincinnati & Northern Kentucky African American Chamber of Commerce to advance digital equity in Ohio through the Verizon Forward Community Enhancement Award

COLUMBUS, Ohio, Dec. 06, 2023 (GLOBE NEWSWIRE) — Verizon announces a $100,000 award to the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC) for Digital Horizons: Bridging Ohio Communities throughout the state of Ohio. The partnership is part of the Verizon Forward Community Enhancement Award, a $1 million national initiative equipping communities with the tools to navigate an increasingly technological world. As a leader advocating on behalf of emerging and established businesses, the AACC helps to create new market opportunities, provides access to capital, and revitalizes African American communities. The AACC will provide exposure, access, and training on technologies to under-resourced communities in six cities, including Akron, Cincinnati, Cleveland, Columbus, Dayton, and Toledo. Through...

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Getty Images and BBC Studios partner on platform enabling unprecedented access to BBC archive video

New platform opens up online access to over 57,000 archival programs, creating seamless experience for customers to search and acquire video A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) —  Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, in partnership with BBC Studios, the commercial subsidiary of the BBC, announces the launch of a new platform giving its customers unprecedented access to BBC archive video and a new seamless search, purchase and download experience. Designed to intuitively enable end-users to select and order content, the platform, powered by MAM software specialists VIDA Content OS, allows easy access to over 57,000 programs from the BBC archive which was previously only available offline by...

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Company Announcement 5/2023

NOTICE TO CONVENE an extraordinary general meeting of Nordic Shipholding A/S in liquidation Nordic Shipholding A/S in liquidation (CVR no. 76 35 17 16) (the “Company”) hereby convenes an extraordinary general meeting to be held on Thursday 28 December 2023, at 09.00 (CET) Gorrissen Federspiel, Axel Towers, Axeltorv 2, DK-1609 Copenhagen V Agenda: 1.   Presentation of the liquidator’s report 2.   Presentation of the final and audited liquidation accounts for adoption 3.   Resolution on liquidation of the Company with final effect 4.   Any other business Complete proposals Item 1 – Presentation of the liquidator’s report Item 2 – Presentation of the final and audited liquidation accounts for adoption The liquidator proposes to the general meeting to adopt the final and audited liquidation accounts. There will be no distribution of liquidation...

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Navitas Ranked Top 50 in Forbes’ 2024 Most Successful Small Companies

Ranking recognizes growth driven by strong demand for next-gen GaN and SiC power semis in EV, solar, appliance / industrial, data center and mobile Navitas Ranked Top 50 in Forbes’ 2024 Most Successful Small Companies Ranking recognizes growth driven by strong demand for next-gen GaN and SiC power semis in EV, solar, appliance / industrial, data center and mobile TORRANCE, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the pure-play industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, secured the 49th position on Forbes’ 2024 America’s Successful Small Companies list. The ranking is recognition of the company’s growth based on strong demand for Navitas’ advanced, high-efficiency, wide bandgap (WBG)...

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Alto Ingredients, Inc. Extends Term Loan Commitment Period

PEKIN, Ill., Dec. 06, 2023 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that it has amended its $125 million senior secured term loan facility with certain funds managed by Orion Infrastructure Capital (“OIC”) to extend the commitment period for undrawn capital available under the term loan facility by one year to November 2024. No other material terms were changed. Alto Ingredients’ CFO, Rob Olander, said, “This extension of our commitment period by one year provides Alto additional liquidity and optionality as we continue to evaluate and fund our capital projects. This extension also shows the level of cooperation we have had with OIC, and we believe their support demonstrates confidence in our strategy.” About Alto Ingredients,...

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Lead Real Estate Co., Ltd Announces Sale of 17-unit Luxury Condominium in Tokyo

Tokyo, Dec. 06, 2023 (GLOBE NEWSWIRE) — Lead Real Estate Co., Ltd (Nasdaq: LRE) (the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo, today announced that, on November 28, 2023, it completed the sale and delivery of a newly built single luxury income-producing condominium. The 17-unit property, Excelsior Meguromita, located in Meguro, Tokyo, is made from reinforced concrete and has four floors above ground and one basement floor. It has a building area of 10,232 square feet and land area of 3,810 square feet. Due to a confidentiality agreement with the seller, the seller and the sale price are not disclosed. There are no capital, personal, or business relationships between the Company and the seller, and...

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Clarus Reports Status of HAP Trading Short-Swing Profit Litigation

SALT LAKE CITY, Dec. 06, 2023 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported on the status of its claims against HAP Trading, LLC and Mr. Harsh A. Padia (collectively “HAP Trading”). On November 20, 2023, Clarus submitted its expert’s report calculating the recovery that may be available to Clarus from HAP Trading’s purchases and sales of Clarus common stock in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended. Clarus engaged Charles Lundelius, a Managing Director with Berkeley Research Group, LLC (“BRG”) (https://www.thinkbrg.com/people/charles-lundelius/) to conduct a comprehensive review of HAP Trading’s transactions in shares of Clarus’ common stock during the period July 19, 2022...

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Verizon Business and Zebra Technologies launch device and software solutions to accelerate private 5G

What you need to know: Zebra mobile device and software packaged solutions are certified to work with Verizon Private 5G and LTE networks throughout the U.S., helping private-network customers get operations up and running faster Zebra solutions can enable frontline workers in multiple industries to manage projects and communications on jobsites more efficiently, getting the most out of private 5G and LTE in diverse commercial environments from retail to heavy industry Select devices have multi-SIM capability for near-seamless transitions between an authenticated private network and Verizon’s public network BASKING RIDGE, N.J. and LINCOLNSHIRE, Ill., Dec. 06, 2023 (GLOBE NEWSWIRE) — Verizon Business (NYSE, Nasdaq: VZ) and Zebra Technologies (NASDAQ: ZBRA), a leader in digital solutions that accelerate business workflows, today...

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Webuy Global Announces MOU to Acquire PT. Tiga Sakti Utama (TSU), a Leading Indonesian Fruit Importer and Wholesaler in Surabaya, Indonesia

Strategic acquisition intended to expand the company’s foothold in Indonesia and SE Asia TSU generated sales of approximately $15 million in 2022 with track record of profitability Singapore , Dec. 06, 2023 (GLOBE NEWSWIRE) — Webuy Global Ltd (Nasdaq: WBUY) (“Webuy” or the “Company”), an emerging community e-commerce retailer with a focus on grocery and travel in Southeast Asia, today announced it has entered into a non-binding Memorandum of Understanding (“MOU”) to acquire controlling interest in PT. Tiga Sakti Utama (“TSU”), a leading importer and wholesaler of fruits in Surabaya, Indonesia.  Under the MOU, the Company would receive a 51% equity interest in TSU in exchange for 800,000 of the Company’s ordinary shares with certain lockup arrangement.  Pending the execution of a definitive agreement between the parties, the acquisition...

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