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Year: 2023

Aurora Spine Grants Stock Options

Carlsbad, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV:ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, announces that it has granted options (the “Options”) to acquire 1,000,000 common shares of the Company to Trent J. Northcutt, President & CEO. The Options are exercisable at a price of CDN$0.395 per common share and vest one third on the first, second and third annual anniversaries from the date of grant. The Options have a term of five years and are subject in all respects to the terms of the Company’s stock option plan. The Option grants constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security...

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Bombardier Announces Closing of its New Issuance of Senior Notes due 2030

MONTRÉAL, Nov. 17, 2023 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2030 (the “New Notes”). The New Notes carry a coupon of 8.750% per annum, mature on November 15, 2030 and were sold at 100.000% of par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the redemption of all of its outstanding 7.50% Senior Notes due 2025, (ii) to finance the offers to purchase up to $360 million aggregate purchase amount (exclusive of accrued and unpaid interest) of its outstanding 7.125% Senior Notes due 2026 and 7.875% Senior Notes due 2027, and/or for the repayment of other indebtedness, and (iii) for the payment of accrued interest...

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Oriental Culture Holding LTD Announces First Half Year of 2023 Unaudited Financial Results

HONG KONG, Nov. 17, 2023 (GLOBE NEWSWIRE) — Oriental Culture Holding LTD. (“OCG” or the “Company”) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2023. First Half Year of 2023 Financial HighlightsTotal revenues were approximately $0.8 million for the six months ended June 30, 2023, compared to approximately $17.0 million for the six months ended June 30, 2022.Gross profit was approximately $0.6 million for the six months ended June 30, 2023, compared to approximately $16.0 million for the six months ended June 30, 2022.Profit margin was 76.0% for the six months ended June 30, 2023, compared to 93.7% for the six months ended June 30, 2022.Loss from operations was approximately $2.4 million for the...

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Abaxx Announces Results of 2023 Annual and Special Meeting of Shareholders

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Abaxx Technologies Inc., (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, is pleased to announce the results of its annual and special meeting of shareholders held in Toronto on November 16, 2023 (the “Meeting”). A total of 8,328,314 common shares, representing 32.7% of the issued and outstanding common shares of the Company, were represented at the Meeting. Shareholders of the Company approved an increase of the size of the board of the directors to seven (7), and all seven (7) directors proposed by management were elected to the Company’s board for the ensuing year. The following is a...

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Secoo Receives Delisting Notice from Nasdaq and Plans to Request Hearing

BEIJING, Nov. 17, 2023 (GLOBE NEWSWIRE) — Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO) today announced that on November 14, 2023, it received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), which notified the Company that the Nasdaq Listing Qualifications Staff has initiated a process to delist the Company’s American Depositary Shares (the “ADSs”) from Nasdaq. The Staff Determination will not immediately result in the suspension of trading or delisting of the Company’s ADSs, and the Nasdaq Listing Rules provide a procedure for the Company to appeal the Staff Determination to a Nasdaq Hearings Panel and seek a stay of suspension pending the outcome of the hearing, as described below. The Staff Determination was issued...

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YanGuFang Receives NASDAQ Notice Related to Late Filing of Form 20-F

SHANGHAI, China, Nov. 18, 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 that it has received a staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company of its noncompliance with the Nasdaq Listing Rule 5250 (c)(1) for continued listing due to its failure to file its Annual Report on Form 20-F for the fiscal year ended June 30, 2023 (“Form 20-F”) in a timely manner. Pursuant to the Letter, the Company has 60 calendar days to submit to Nasdaq a plan to regain compliance from the date...

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Exela Technologies, Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q Filing

IRVING, Texas, Nov. 17, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a leader in business process automation, announced today that on November 13, 2023, as expected, 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 three months ended September 30, 2023 (the “Third Quarter 10-Q”). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. As previously reported by the Company in its Notification of Late Filing on Form 12b-25, filed with the Securities...

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Kartoon Studios Provides Business Update for the Third Quarter of 2023

Affiliate, Mainframe Studios Benefitting from Post-Strike Content Demand and New Orders; Robust Pipeline of New Content Expected in the Coming Quarters Company Expects to Resume Growth Trajectory Following Industry Slowdown Kartoon Channel! Anticipates First Ever Break-Even EBITDA in Fourth Quarter of 2023, a First Since Its Launch New CFO Brian Parisi Brings Strong Track Record from the NFL and Live Nation, Focused on Value Creation, as well as Growing Revenues and Driving Sustainable Earnings BEVERLY HILLS, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) — Kartoon Studios (NYSE American:TOON) today provided a business update for the third quarter of 2023. Andy Heyward, Chairman & CEO of Kartoon Studios, stated, “Following the settlement of the Writers Guild of America (WGA) and Screen Actors Guild (SAG) disputes, we are witnessing...

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Results of VVC Annual Shareholders’ Meeting

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Shareholders’ Meeting The Company’s Annual General Meeting of Shareholders (“AGM”) took place virtually yesterday with 43 attendees and representation by Proxy of about 68.6% of the shareholders. At the AGM, shareholders approved the election of all Directors proposed by Management with over 71.8% of the tendered votes being in favor and the re-appointment of MNP LLP as auditors of the Company with 83.8% of the tendered votes being in favor. The formal business session of the AGM was chaired by the Chairman of the Board, Terrence Martell. A Presentation and Q&A Session followed, whereby the President and CEO of the Company, Jim Culver, updated the attendees on the...

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Brixton Metals Files Amended and Restated Offering Document in Connection with Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton“) announces that in connection with the Company’s non-brokered private placement previously announced on October 30, November 6 and November 10, 2023, (the “Offering“) of up to 15,016,666 units (the “Units”), up to 49,386,593 national flow-through units and up to 16,384,645 charity flow-through units, for total gross proceeds of up to $14,580,535.51, an amended offering document (the “Offering Document”) related to the offering of the Units has been filed and can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at https://brixtonmetals.com/offering-document/....

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