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Day: January 11, 2024

The ARK 21Shares Bitcoin ETF (ARKB) Is Available Now

ARKB Will Charge No Fees for the First Six Months or Until The Fund Reaches $1 Billion in Assets At Which Time it Will Have A Total Expense Ratio of 0.21% NEW YORK, NEW YORK and ST. PETERSBURG, FLORIDA, January, 11, 2023 – After much anticipation, 21Shares US LLC (“21Shares”), an affiliate of 21Shares AG, the issuer of the world’s largest suite of cryptocurrency-backed exchange traded products (ETPs), and Cathie Wood’s ARK Investment Management LLC (“ARK” or “ARK Invest”), the first retail fund manager to invest in bitcoin in 2015, today announced the launch of ARKB, the ARK 21Shares Bitcoin ETF. ARKB offers investors direct, regulated exposure to bitcoin, the first decentralized currency and the largest digital asset by market cap. ARKB will waive its entire management fee for the Fund for the...

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Clearmind Medicine Inc. Announces Pricing of $2.4 Million Registered Direct and Private Placement

TEL AVIV, ISRAEL / VANCOUVER, CANADA, Jan. 11, 2024 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (NASDAQ: CMND) (the “Company”), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of Common Shares and pre-funded warrants in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investors Common Warrants. Aggregate gross proceeds to the Company from both transactions are expected to be approximately $2.4 million. The transactions consist of the sale of an aggregate of 1,500,000 Common Units (or Pre-Funded Units), each consisting of one Common Share or Pre-Funded Warrant and...

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VIVOPOWER ANNOUNCES FOLLOW-ON STRATEGIC DIRECT INVESTMENT IN TEMBO AT US$120M PRE-MONEY VALUATION

Investment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$2.5 million investment made in June 2023 included an option to increase investment to up to US$10 million based on meeting certain milestones Tembo has now met milestones to qualify for additional follow-on investment of US$5 million, for an aggregate total investment to date of US$7.5 million LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to announce that its subsidiary Tembo e-LV B.V. (“Tembo”) has met milestones to obtain a further follow-on strategic direct equity investment of US$5 million into Tembo, at a pre-money valuation of US$120 million. This is pursuant to a commitment received in June 2023 from a UAE based private investment...

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Sg Echo Awarded Record $11.3 Million Purchase Order to Supply Modular Units to Long-Standing Private Infrastructure Solutions Client

SG Echo Manufacturing FacilitySG Echo Manufacturing FacilityNew contract with recurring customer represents largest single order to date; reflects Company’s track record of quick, sustainable, and cost-efficient production Project to commence immediately and expected to be completed during the first half of 2024SG Echo Manufacturing FacilityMIAMI, FL, Jan. 11, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that SG Echo, LLC, a wholly-owned subsidiary of Safe & Green Holdings Corp., today announced it has been awarded a purchase order to provide over 150 additional modular units to an existing infrastructure solutions customer. The purchase order is expected...

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Global Credit Union and First Financial Northwest, Inc. Announce Agreement for Global Credit Union to Acquire First Financial Northwest Bank

ANCHORAGE, Alaska and RENTON, Wash., Jan. 11, 2024 (GLOBE NEWSWIRE) — Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (“First Financial Northwest”) (NASDAQ GS: FFNW) announced today they have entered into a definitive agreement in which Global will acquire Renton, Washington-based First Financial Northwest Bank, a wholly-owned subsidiary of First Financial Northwest. The transaction is structured as a purchase and assumption agreement with Global purchasing substantially all assets and assuming substantially all liabilities of First Financial Northwest Bank for the all-cash consideration of $231.2 million, subject to certain adjustments. The agreement has been unanimously approved by the boards of directors of both institutions. Following the purchase and assumption transaction, First Financial Northwest...

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Smart Government Market Size Worth USD 153.37 Billion in 2032 | Emergen Research

Increasing investment in smart government technologies and the adoption of Social, Mobile, Analytics, and Cloud (SMAC), are the key factors driving Smart Government market revenue growth. Vancouver, Jan. 11, 2024 (GLOBE NEWSWIRE) — The global smart government market size was USD 28.24 Billion in 2022 and is expected to register revenue CAGR of 18.5% during the forecast period. Increasing investment in smart government technologies and the adoption of Social, Mobile, Analytics, and Cloud (SMAC), are the key factors driving market revenue growth. Digital technologies facilitate the exploration of novel approaches to deliver services, optimize resource allocation through more prudent spending, and establish a connection between programme and service costs and the results they yield for citizens, fostering accountability and self-assurance...

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Woodworking Equipment Market Size Worth USD 7.56 Billion in 2032 | Emergen Research

Increasing adoption of precise engineering and rising awareness about environmental issues are key factors driving woodworking equipment market revenue growth. Vancouver, Jan. 11, 2024 (GLOBE NEWSWIRE) — The global woodworking equipment market size was USD 4.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.0% during the forecast period. Increasing adoption of precise engineering and rising awareness about environmental issues are key factors driving market revenue growth. The rising adoption of sustainable practices within the woodworking industry is another factor driving market revenue growth. With environmental concerns, such as deforestation, greenhouse gas emissions, pollution, and waste generation, becoming more prominent, both consumers and businesses are actively seeking eco-friendly and sustainable...

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Specified Relays Market Size Worth USD 9.95 Billion in 2032 | Emergen Research

Growing adoption of Industry 4.0 principles and automation across industries is one of the major factors driving specified relays market revenue growth Vancouver, Jan. 11, 2024 (GLOBE NEWSWIRE) — The global specified relays market size reached USD 6.52 Billion in 2022 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Growing technological advancements is the primary factors driving market revenue growth. Integration of smart features, such as microcontrollers and communication interfaces, enables intelligent relays which can provide advanced diagnostics, remote monitoring, and communication capabilities, contributing to improved control and maintenance hence contributing to market revenue growth. Specified relays are increasingly being designed to integrate...

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Seismometers Market Size Worth USD 190.1 Million in 2032 | Emergen Research

Rising demand for Oil & Gas (O&G) exploration, increasing and concerns about natural disasters, advancements in seismometer technology, and technological integration with Internet of Things (IoT) and big data are key factors driving Seismometers market revenue growth. Vancouver, Jan. 11, 2024 (GLOBE NEWSWIRE) — The global seismometers market size was USD 105.00 Million in 2022 and is expected to register a rapid revenue CAGR of 6.3% during the forecast period. Rising demand for Oil & Gas (O&G) exploration, increasing and concerns about natural disasters, advancements in seismometer technology, and technological integration with Internet of Things (IoT) and big data are key factors driving market revenue growth. Increasing investments in due to their role in enhancing safety measures infrastructure is another...

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