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Year: 2023

Mobix Labs, Inc. Closes Business Combination with Chavant Capital Acquisition Corp., Becomes Publicly Traded

– Trading to Commence on Nasdaq Under Ticker Symbol “MOBX” on Friday, December 22, 2023 – IRVINE, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — Mobix Labs, Inc. (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity technologies for 5G infrastructure, satellite communications and defense industries, today announced that its previously announced business combination with Chavant Capital Acquisition Corp. (“Chavant”) (Nasdaq: CLAY) has closed, resulting in Mobix Labs becoming a publicly traded company. The business combination and all other proposals presented were approved at an extraordinary general meeting of Chavant shareholders held on December 18, 2023. In connection with the completion of the business combination, Chavant was renamed Mobix Labs, Inc. and its...

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Medicenna Extends Period to Exercise Certain Warrants

TORONTO and HOUSTON, Dec. 21, 2023 (GLOBE NEWSWIRE) — Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQB: MDNAF), a clinical stage immunotherapy company focused on the development of Superkines, today announced that it has received conditional approval from the Toronto Stock Exchange to extend the expiry date of the common share purchase warrants of the Company (the “Warrants”) originally issued on December 21, 2018. The Warrants, of which 1,103,000 are available to be extended, are exercisable for common shares of the Company (the “Common Shares”) at a price of $1.20 per Common Share and are set to expire on December 21, 2023. The extension will not apply to the aggregate of 200,000 Warrants held by insiders of the Company. The Company has extended the expiry date of such Warrants until July 31, 2024...

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Azincourt Energy Corp. Closes First Tranche of Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce it has closed a first tranche of its non-brokered private placement consisting of 29,143,349 flow-through units (the “FT Units”) offered at a price of $0.035 per FT Unit and 670,000 non-flow through units (the “NFT Units”) offered at a price of $0.03 per NFT Unit (the “Offering”) for gross proceeds of C$1,020,017.25. Each FT Unit is comprised of one flow-through common share (a “FT Share”) and one common share purchase warrant (a “Warrant”) and each NFT Unit is comprised of one common share (a “Share”) and one Warrant. Each Warrant is exercisable at a price of $0.05 into one...

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TranSystems Adds Washington-based BCE Engineers, Inc.

Kansas City, Mo., Dec. 21, 2023 (GLOBE NEWSWIRE) — TranSystems Corp., a national transportation consulting firm that provides engineering, architectural, planning and construction solutions, brings on BCE Engineers, Inc., a full-service mechanical, electrical and fire protection engineering consulting firm based in Fife, Washington, just outside of Tacoma. “The BCE and TranSystems combination boosts the collective firms’ architecture and buildings systems services while adding a geographic presence in the Pacific Northwest,” said TranSystems CEO, Richard Morsches. Established in 1986, BCE provides professional design services on design-build, design-bid-build, surveys, studies, and specialized task order projects for a wide variety of markets, including military, waterfront, education, medical, commercial, housing/mix-use, and...

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Pentagon I Capital Corp. Announces Leadership Transition; Estanislao Auriemma Appointed as President, Chief Executive Officer, Chief Financial Officer, and Corporate Secretary

TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) — Pentagon I Capital Corp. (the “Corporation”)(TSXV:PNTI), announces that Estanislao Auriemma, a Director of the Corporation, has been appointed as the President, Chief Executive Officer, Chief Financial Officer, and Corporate Secretary of the Corporation effective December 21, 2023. Mr. Auriemma has been involved with Grupo Minero Aconcagua S.A. since 1996 and has held several positions within the group. He has participated in the promotion of major mining projects such as Hualilan (gold), Agua Rica (copper), and San Jorge (copper). Between 2011 and 2015 he assumed the Presidency and was formerly a director of Samco S.A., and is currently a director and the CEO of Fredonia Mining Inc. (TSXV:FRED). Mr. Auriemma holds a bachelors degree from Colegio Nacional Rafael Hernandez in Buenos Aires,...

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Alliance Entertainment Announces Closing of New 3-Year $120 Million Senior Secured Credit Facility

PLANTATION, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced the closing of a new 3-year $120 million senior secured asset based credit facility with White Oak Commercial Finance, LLC. This credit facility replaces the Company’s revolver with Bank of America. The new credit facility includes a $120 million asset based revolving credit facility (the “Revolver”). The Revolver will bear interest at a rate of the 30-day SOFR plus 4.5%, Borrowings from the facility will primarily be used to retire the existing credit facility, fund working capital needs and provide for general corporate...

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MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of Toxicology

LA JOLLA, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding results of a nonclinical study of MN-166 (ibudilast) in chlorine gas-induced acute lung injury has been selected for a poster presentation at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo to be held March 10 – 14, 2024 in Salt Lake City, Utah. The poster will be presented by MediciNova’s collaborator, Perenlei Enkhbaatar, MD, PhD, FAHA, Professor, Department of Anesthesiology, Director, Translational Intensive Care Unit, Charles Robert Allen Professor in Anesthesiology at The University of Texas Medical Branch. The presentation details are as follows: Abstract...

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Brunswick Corporation Addresses Previously Reported Data Security Incident

METTAWA, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (“Brunswick”) understands the importance of protecting personal data and retaining the trust of its customers and employees. Unfortunately, as noted in previous disclosures, Brunswick was the victim of a data security incident in June 2023. In response to this incident, Brunswick conducted a comprehensive and thorough investigation and identified that a limited amount of sensitive personal data in its custody or control was impacted by this incident. However, Brunswick has no reason to believe that any personal data has been misused or will be misused in the future. What Happened? In June 2023, Brunswick discovered that a third party had gained unauthorized access to certain systems in its information technology (IT) environment. Brunswick immediately deployed...

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Global Hydrogen Energy Completes Business Combination with Dune Acquisition Corporation to Form Publicly Traded Global Gas Corporation

Pure Play Hydrogen and Carbon Recovery Project Developer and Industrial Gas Supplier Global Gas is a Founder-Led, Minority-Owned Business All Existing Global Hydrogen Equityholders to Roll 100% of their Equity into the Combined Company Approximately 98% of Shares Voted at the Special Meeting of DUNE’s Stockholders Voted to Approve the Business CombinationWEST PALM BEACH, Fla.& NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) — Global Hydrogen Energy LLC (“Global Hydrogen”), which seeks to be a leader in the sustainable energy transition as a next-generation industrial gas supplier, and Dune Acquisition Corporation (Nasdaq: DUNEU, DUNE, DUNEW) (“Dune”), a special purpose acquisition company, today announced the completion of its previously announced business combination. The combined company is named Global Gas Corporation (“Global...

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Fancamp Closes $4.56 Million Private Placement

VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Company”) (TSX Venture Exchange: FNC) is pleased to announce that is has closed a non-brokered private placement for aggregate gross proceeds to the Company of $4,561,581 (the “Private Placement”). Under the Private Placement, the Company has issued a total of: (i) 4,000,000 common shares of the Company (“Common Shares”) qualifying as “flow-through shares” (“FT Shares”) for the purposes of the Income Tax Act (Canada)(the “Act”) at a price of $0.0875 per FT Share for gross proceeds of $350,000 (the “FT Offering”); and (ii) 60,165,455 Common Shares at a price of $0.07 per Common Share for gross proceeds of $4,211,581 (the “NFT Offering”). All securities issued pursuant to the Private Placement are subject to a hold period of...

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