Year: 2023

Reborn Coffee Reports Third Quarter 2023 Financial Results

Written by Customer Service on November 14, 2023. Posted in Public Companies.

Third Quarter Revenue Increased 81% to $1.5 Million Third Quarter Gross Profit Increased 80% to $1.0 Million BREA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operational results for the third quarter ended September 30, 2023. Key Financial and Operational HighlightsRevenue increased 81% to $1.5 million in Q3’23 compared to $0.8 million in Q3’22. Ended Q3’23 with 14 open locations, with one location in development. Company-operated store sales increased $0.7 million, or 80% in the quarter ended September 30, 2023, compared to the same period in 2022. Company-operated store gross profit was $1.0 million for the quarter ended September 30, 2023, compared to $0.6 million...

Belpointe OZ Signs Greystar as Their Property Manager for Aster & Links, Two Luxury 10-story Buildings in Sarasota, FL

Written by Customer Service on November 14, 2023. Posted in Public Companies.

Greenwich, CT, Nov. 14, 2023 (GLOBE NEWSWIRE) — Belpointe PREP, LLC (NYSE: American: OZ) (“Belpointe OZ” or the “Company”), the first publicly traded Qualified Opportunity Fund (“QOF”), is pleased to announce the signing of Greystar, a global leader in the development and management of rental housing, as their property manager for Aster & Links, the Company’s two-building development in Sarasota, Florida. The Aster & Links development project will feature two 10-story high-rise buildings and is will consist of 424 apartment homes, ranging from one-bedroom, two-bedroom, and three-bedroom apartments to four-bedroom townhome-style penthouses that cater to a variety of modern lifestyle preferences. Aster & Links is intended to become a benchmark for elevated living, boasting over 900 parking spaces, including both garage...

Freddie Mac Multifamily Loan Purchase Cap for 2024 is $70 Billion

Written by Customer Service on November 14, 2023. Posted in Public Companies.

Direction will shape Multifamily lending, mission focus for year ahead MCLEAN, Va., Nov. 14, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily’s loan purchase cap for 2024 will be $70 billion. The cap is set by the Federal Housing Finance Agency (FHFA) based on projections for the size of the multifamily debt origination market. Freddie Mac has also received from FHFA updated criteria for its “mission-driven” business. “We know the multifamily market faces significant headwinds, which makes Freddie Mac’s countercyclical role critically important to lenders and borrowers,” said Kevin Palmer, head of Multifamily for Freddie Mac. “We continue to maintain a laser focus on providing liquidity, stability and affordability to the market, and FHFA has again set strong requirements that create the conditions for us to deliver...

Anoto postpones Extraordinary General Meeting

Written by Customer Service on November 14, 2023. Posted in Public Companies.

Stockholm, November 14, 2023 – Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that the Company has received a request to cancel the extraordinary general meeting on November 15, 2023 from a group of major shareholders in Anoto, consisting of Beof Company Ltd., Rothesay Limited, Anders Björndahl, Jörgen Durban, Inhye Kim and Digital Bio Marker Co Ltd (the “Major Shareholders”), who together represent approximately 30 percent of the total number of shares and votes in Anoto. The Major Shareholders have further requested that the Board convene a new extraordinary general meeting. The Major Shareholders have informed the Board that they will, after sounding out with other major shareholders in the Company, present a proposal for a new Board well in advance of this extraordinary general...

Correction: Nano Dimension Announces Breakthrough in Materials Critical for Additively Manufactured Electronics

Written by Customer Service on November 14, 2023. Posted in Public Companies.

New Material, INSU200, is a Dielectric Ink With Leading Thermo-Mechanical Properties R&D Driven Innovation Complies with Leading Electronics Industry Standardization Bodies The Material Will be Showcased at the Productronica Event in Munich, Germany, November 14-17 Waltham, Mass., Nov. 14, 2023 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “Nano”, or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced a breakthrough in the development of a material that is a critical enabler for the advancement of additively manufactured electronics (AME). Materials, which are commonly known as consumables, are an important factor in the success of additive manufacturing...

Unrivaled Brands Reports Third Quarter 2023 Financial Results

Written by Customer Service on November 14, 2023. Posted in Earnings Releases And Operating Results.

Company Reports Retail Gross Profit Percentage of 52% SANTA ANA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled” or the “Company”), a cannabis company with operations throughout California, today reported financial results for its fiscal third quarter ended September 30, 2023. Third Quarter 2023 HighlightsRevenue for the quarter ended September 30, 2023 was $8.6 million with 94% of revenue from retail sales. Revenue for the quarter ended September 30, 2023 was driven by our four retail stores and sales of our in-house cultivated flower and Korova-branded products.Retail gross margin was 52% for the quarter ended September 30, 2023.Selling, general and administrative expenses for quarter ended September 30, 2023 decreased by 7% compared to the previous quarter...

David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation

Written by Customer Service on November 14, 2023. Posted in Public Companies.

WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) — Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company. Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations. Findlay succeeds Michael L. Kubacki as Chairman of the board of both organizations. Kubacki has served in the role since 2003 and will retire from the boards of directors on April 9, 2024 at the company’s annual report of shareholders. The bank and holding company also announced that director Blake W. Augsburger has been appointed Lead Independent Director. Augsburger joined the boards of Lake City Bank and Lakeland Financial Corporation in 2011. “I am very honored...

UPDATE – Repligen Announces Publication of the Company’s 2022 Sustainability Report

Written by Customer Service on November 14, 2023. Posted in Public Companies.

WALTHAM, Mass., Nov. 14, 2023 (GLOBE NEWSWIRE) — Repligen Corporation (NASDAQ:RGEN), a life sciences company focused on bioprocessing technology leadership, today announced the digital publication of its 2022 Sustainability Report and related reporting index disclosures. Themed “Making an Impact”, the report highlights the company’s measurable progress across multiple environmental, social and governance (ESG) initiatives since its inaugural 2020 Sustainability Report, “Committed to Making a Difference”. Supporting the 2022 Sustainability Report is a Reporting Indexes document containing disclosures against the following frameworks: Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB), United Nations Sustainable Development Goals (UN SDGs), and Task Force on Climate-Related Disclosures (TCFD)....

Bright Mountain Media, Inc Announces Third Quarter 2023 Financial Results

Written by Customer Service on November 14, 2023. Posted in Public Companies.

Revenue increased 192% to $15.3 million compared to $5.3 million in the prior year period Boca Raton, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, and creative media services, today announced its unaudited financial results for the three and nine months ended September 30, 2023. Third Quarter 2023 HighlightsRevenue increased 192% to $15.3 million compared to $5.3 million in the prior year period Gross margin increased 57% to $3.4 million compared to $2.1 million in the prior year periodMr. Drinkwater concluded: “We are very excited to welcome Deep Focus Agency and Big Village Insights to the Bright Mountain Media family of brands. We are highly...

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended September 30, 2023

Written by Customer Service on November 14, 2023. Posted in Earnings Releases And Operating Results.

CHICAGO, Nov. 14, 2023 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended September 30, 2023. “While our industry has seen the slowing through the second quarter of 2023, we are seeing an uptick in corporate spend in the third quarter of 2023 and continuing into the fourth quarter of 2023 as well. We continue to focus on strategic targeting of industries and business that we feel are in need of our services and we are seeing an increase in sales,” said Adam He, CEO of Professional Diversity Network. Third Quarter Financial Highlights: ● Total consolidated...

Year: 2023

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