Year: 2023
Strategic review status update
As described in company announcement no. 19/2022, Idavang has since December 2022 conducted a strategic review of its Russian business. Idavang has been exploring a sale to a specific buyer subject to approval from both Danish Business Authority (Erhvervsstyrelsen) and relevant Russian authorities since Q2 2023.
The potential sale of Idavang’s Russian business to that potential buyer has today been rejected by the Russian authorities and, consequently, Idavang is not currently exploring a sale of its Russian business to any specific potential buyers.
The Danish Business Authority has this week extended its pre-approval for sale of Idavang’s Russian assets (provided a buyer is not sanctioned) until 30.06.2024 due to EU adopting its 12th sanctions package.
Based on this extended deadline, the...
AMG LIVA Power Management Systems GmbH Acquires the Redox Flow Battery Activities from J.M. VOITH SE & CO. KG.
Written by Customer Service on . Posted in Public Companies.
Amsterdam, 27 December 2023 — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that LIVA Power Management Systems GmbH (“LIVA”), a wholly owned subsidiary of AMG Critical Materials N.V. has agreed to acquire the Vanadium Redox Flow Battery (“VRFB”) activities from J.M. VOITH SE & CO. KG (“VOITH”).
VOITH has developed a unique technology for controlling and balancing large-scale high-voltage VRFB energy storage systems. The technology compliments LIVA´s large scale VRFB systems. LIVA will integrate this technology into its large-scale energy storage systems.
LIVA and VOITH will cooperate in their activities in the field of industrial and grid-scale energy storage systems in the future.
Volker Kölln, CEO of AMG LIVA, commented, “This acquisition is an important building block for LIVA to...
IMCD Colombia to acquire the distribution business of Joli Foods S.A.S. to strengthen its food and nutrition portfolio
Written by Customer Service on . Posted in Mergers And Acquisitions.
Main visual_IMCD Colombia to acquire the distribution business of Joli Foods S.A.S. to strengthen its food and nutrition portfolioPhotographed: Jorge León Dub, President of the Board, Joli Foods (left); Pilar Castellanos, Managing Director, IMCD Colombia; Jorge Eduardo León, General Manager, Joli Foods; Liliana Acosta Esquenazi, Finance and Operations Director, IMCD Colombia (right)ROTTERDAM, The Netherlands (27 December 2023) – IMCD N.V. (“IMCD” or “Company”), a global leading distribution partner, and formulator of speciality chemicals and ingredients, today announces that IMCD Colombia has signed an agreement to acquire the distribution business of Joli Foods S.A.S. (“Joli Foods”) to expand its food and nutrition business and product portfolio.
“The addition of Joli Foods’ distribution business to IMCD Colombia’s food and...
TRANSFORMA TERMINATES MAC OPTION AND DIRECTOR RESIGNATION
Written by Customer Service on . Posted in Public Companies.
Not for distribution to United States newswire services or for dissemination in the United States.
Vancouver, Dec. 26, 2023 (GLOBE NEWSWIRE) — Transforma Resources Corporation (the “Company” or “Transforma”) announces that it has terminated, effective immediately, the MAC Property option agreement, announced on December 28, 2022. Accordingly, the MAC Property will revert to the optionor and Transforma will have no further involvement or obligations associated with the MAC Property. Transforma has decided to focus on its 100% undivided interest in the Thunder Copper Property, located in southwestern British Columbia.
Transforma also announces that Kelly Funk has resigned as a director. The board of directors would like to thank Mr. Funk for his insight and support during his term as a director.
About Transforma:
Transforma is...
Embrace Change Acquisition Corp. Receives Nasdaq Notice Regarding Late Form 10-Q Filing
Written by Customer Service on . Posted in Public Companies.
SAN DIEGO, Dec. 26, 2023 (GLOBE NEWSWIRE) — Embrace Change Acquisition Corp. (“Embrace Change” or the “Company”) (NASDAQ: EMCG; EMCGU; EMCGR; EMCGW), a special purpose acquisition company, announced today that on December 22, 2023, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company did not timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”).
The Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Stock Market. The Notice states that the Company has 60 calendar days from the date of the Notice, or February 20, 2024, to submit a plan...
Chamonix, Colorado’s Newest and Most Luxurious Casino Hotel, Opens at Noon on Wednesday, December 27, 2023
Written by Customer Service on . Posted in Public Companies.
Located in charming Cripple Creek, Chamonix is conveniently located less than an hour from Colorado Springs and approximately two hours from Denver
CRIPPLE CREEK, Colo., Dec. 26, 2023 (GLOBE NEWSWIRE) — Full House Resorts, Inc. (Nasdaq: FLL) today announced the opening details for its newest gaming destination – Chamonix Casino Hotel. Chamonix’s stylish new casino and luxurious 300-guestroom hotel effortlessly blend Colorado comfort with classic European elegance. It is located in historic Cripple Creek, approximately 45 miles from Colorado Springs and 80 miles from Denver’s southern suburbs. Chamonix is adjacent to – and integrated with – Bronco Billy’s Casino, also owned by Full House Resorts.
Chamonix features an elegant casino floor, with a wide variety of the newest slot machines, a high-limit slot salon, and the state’s most...
PainReform Announces Exercise of Warrants for Approximately $1.3 Million in Gross Proceeds
Written by Customer Service on . Posted in Public Companies.
TEL AVIV, Israel, Dec. 26, 2023 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 467,896 ordinary shares, having an exercise price of $9.00 per ordinary share, issued by PainReform in July 2023, at a reduced exercise price of $2.85 per ordinary share. The ordinary shares issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form F-1 (File No. 333-274220). The closing of the offering is expected to occur on or about December 29, 2023, subject to satisfaction of customary...
IDEX Biometrics has entered into convertible loan agreement
Written by Customer Service on . Posted in Public Companies.
IDEX Biometrics ASA (“IDEX”) has entered into an agreement with an entity managed by Heights Capital Management, Inc. to issue NOK 100 million in principal amount of senior convertible amortizing bonds. Reference is made to IDEX’s notices on 7 November 2023 regarding a non-binding term sheet for the convertible bond and 21 December 2023 regarding approval of the loan by the company’s extraordinary general meeting. Closing of the transaction is expected to occur on or about 28 December 2023.
The subscription price for the convertible bond will be at 92% of the principal amount. Interest rate is 6% pa. The initial conversion price will be NOK 0.7330 per share, which is 125% of the six-day volume weighted average price (VWAP) of the shares up to (and including) the signing date (being 22 December 2023). The conversion price is subject to...
Bridgeline to Report Financial Results for the Fourth Quarter of Fiscal 2023
Written by Customer Service on . Posted in Public Companies.
WOBURN, Mass., Dec. 26, 2023 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a leading marketing technology software provider, announced today that it will release its financial results for the fourth quarter of fiscal 2023 on Wednesday, December 27, 2023, at 4:30 p.m. ET.
On that day, Ari Kahn, the Company’s President and Chief Executive Officer, and Thomas Windhausen, the Company’s Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results.
The details and registration link for the conference call and replay are as follows:What:
Bridgeline Digital Fourth Quarter 2023 Earnings CallWhen:
Wednesday, December 27, 2023Time:
4:30 p.m. ETRegistration:
https://register.vevent.com/register/BI68d7b29d1aaa40ab820c5316103c486c
Participants can...
Hersha Hotels and Resorts Announces Dividend Classification for 2023
Written by Customer Service on . Posted in Dividend Reports And Estimates.
PHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) — Hersha Hotels and Resorts (“Hersha” or “the Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification of Hersha Hospitality Trust’s (“HHT”) Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2023 for Federal income tax reporting purposes. The tax information provided below relates to HHT prior to the November 28, 2023 merger between HHT and 1776 Portfolio REIT Merger Sub, LLC (“REIT Merger Sub”) pursuant to that certain Agreement and Plan of Merger, dated as of August...