Day: December 14, 2023

Dallas, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) — Nubia Brand International Corp. (the “Company” or “Nubia”) , announced today that at a special meeting of stockholders held on December 14, 2023 (the “Meeting”), its stockholders voted to approve its proposed business combination (the “Business Combination”) with Honeycomb Battery Company (“Honeycomb”). As of the close of business on November 6, 2023, the record date for the Meeting, there were 7,130,617 shares of common stock of Nubia, with par value $0.0001 per share (“Nubia Shares”), issued and outstanding. There were 6,360,235 Nubia Shares present at the Meeting in person or represented by proxy, with 70.4% voting to approve the Business Combination. The formal results of the Meeting will be included on a Form 8-K to be filed with the U.S. Securities and Exchange Commission by...

Defense Innovation Unit and U.S. Army to provide $3 million in additional funding to support final program milestones SAN JUAN, Puerto Rico, Dec. 14, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that its subsidiary Teal Drones (Teal) has been selected by the Department of Defense’s (DoD) Defense Innovation Unit (DIU) and the U.S. Army as one of two finalists competing in the Short Range Reconnaissance Tranche 2 (SRR T2) Program of Record. As part of being named a finalist, Teal will be awarded $3 million of additional funding to support final prototype development and completion of remaining SRR milestones. Teal was previously one...

MCLEAN, Va., Dec. 14, 2023 (GLOBE NEWSWIRE) — In the third quarter of 2023, the Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) fell to 107.1 across the United States, with all 25 regional markets tracked by the index also down for the quarter. Following two straight quarters of increases, the third quarter decline of -2.1% is primarily due to higher interest rates. Over the past 12 months, the index is up 0.3%, though only five of the tracked markets experienced growth. “After last quarter’s rebound, the third quarter decline in AIMI is primarily attributable to the significant increase in interest rates,” said Sara Hoffmann, director of Multifamily Research at Freddie Mac. “The slight annual increase is notable, and largely the result of a substantial contraction in property prices, which offset...

SAN CARLOS, Calif., Dec. 14, 2023 (GLOBE NEWSWIRE) — Presto Automation Inc. (Nasdaq: PRST) one of the largest drive-thru automation technology providers in the hospitality industry, today provided additional information to investors about its projected financial results for calendar year 2024. As a result of the strong momentum being experienced in its Voice AI solution, Presto is estimating its projected annualized run rate (PARR) to be $17.6M at the end of calendar year 2024, which is directly correlated to the store count projection the company has already released (1270 stores by the end of 2024). We define PARR as the annualized revenue of contracts for our Presto Voice AI solution that are projected to be in effect at the end of the relevant period. “These projections should convey the market-leading momentum we are seeing...

Dec 14th 2023 Guidance adjustment of turnover 2023  Due to many projected deliveries postponed to Q1 and Q2 2024, Photocat has today revised its turnover guidance from 17-18,5mio DKK to 14-15mio DKK.  The Guidance for EBITDA is maintained at 0-0,5 mio DKK positive. CEO Michael Humle says; Despite high activity with both new and existing clients, we have seen a strong focus on inventory management up to the new year from many partners, and a few new projects where the startup is postponed to early 2024. Although we had hoped to make record sales this year, we are pleased to maintain a positive EBITDA, despite the lower forecast for sales. We have reduced cost in the second half and will have full effect on the cost side from Q1 2024. We continue to see good interest in our products, and latest this was confirmed at our partners exhibition...

Newbrook is a gated community offering a wide selection of home designs and exclusive amenitiesNewbrook by Toll BrothersNewbrook by Toll Brothers will feature a variety of new single-family and townhome designs with access to resort-style amenities in St. Augustine, Florida.Newbrook by Toll Brothers“This prime location provides Toll Brothers residents quick and convenient access to all of the amenities, shopping, and entertainment that St. Augustine has to offer,” said Greg Netro, Group President of Toll Brothers in Jacksonville.ST. AUGUSTINE, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the upcoming launch of Newbrook, an exciting new home community located in the desirable SilverLeaf master-planned community in St. Augustine,...

EDF announces the Redemption of Outstanding Perpetual Subordinated Notes Capitalized terms used in this press release shall have the meaning given to them in the Final Offering Memorandum dated 14 January 2014 relating to the Notes issued on 22 January 2014. On 14 December 2023, EDF (BBB stable S&P / Baa1 stable Moody’s / BBB+ stable Fitch) announces the exercise of its Option to Redeem Outstanding the USD 595 641 000 Hybrid Notes (ISIN US268317AM62 and USF2893TAM83). All currently Outstanding Notes will be Redeemed on the First Call Date (i.e., 22 January 2024), as set out in Section “Redemption” of the Description of Notes in the Final Offering Memorandum. This press release is certified. Check its authenticity on medias.edf.com About EDF As a major player in energy transition, the EDF Group is an integrated energy company active...