Day: January 16, 2024

Rego Payment Architectures, Inc. Reflects on a Year of Remarkable Momentum

Written by Customer Service on January 16, 2024. Posted in Public Companies.

After a year of empowering financial institutions with technology to grow deposits and increase loyalty, the company celebrates a year of growth, partnerships and innovation BLUE BELL, Pa., Jan. 16, 2024 (GLOBE NEWSWIRE) — Rego Payment Architectures, Inc. (“REGO”), the leading white-label family digital wallet platform provider for financial institutions, today celebrates a year of significant growth, impactful partnerships, and groundbreaking innovation. In 2023, REGO witnessed tremendous progress in validating REGO’s solution as the top choice for youth banking solution for banks and credit unions of all sizes, from $300M to over $300B in assets. Growing deposits and retaining customers continue to be their top priorities as they face challenges from fintechs and neobanks. “REGO is the only solution on the market that allows...

Martin Marietta Completes Acquisition of Albert Frei & Sons, Inc.

Written by Customer Service on January 16, 2024. Posted in Mergers And Acquisitions.

RALEIGH, N.C., Jan. 16, 2024 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it completed the acquisition of Albert Frei & Sons, Inc. (“AFS”), a leading aggregates producer in Colorado. The transaction, which closed on January 12, 2024, provides more than 60 years of high-quality, hard rock reserves to better serve new and existing customers. Ward Nye, Chairman, President and CEO of Martin Marietta stated, “We are delighted to announce the acquisition of AFS and welcome such a talented team to our company. The acquisition, wholly consistent with our strategic plan, enhances our aggregates platform in the high-growth, Denver metropolitan area and strengthens our ability to deliver significant value for shareholders and customers. We expect this transaction...

Waldencast plc Announces Fiscal Year 2022 Financial Results

Written by Customer Service on January 16, 2024. Posted in Earnings Releases And Operating Results.

NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) — Waldencast plc, (NASDAQ: WALD) (“Waldencast”), a global multi-brand beauty and wellness platform, today announced that it filed its annual report for the fiscal year ended December 31, 2022 on Form 20-F (“2022 20-F”) including restated financials for Fiscal Years 2021 and 2020 with the securities and exchange commission, which is also available on its investor relations site at https:/ir.waldencast.com/. 2022 Results Highlights On July 27, 2022 (the “Closing Date”), Waldencast consummated the business combination (“Business Combination”) with Obagi Global Holdings Limited (“Obagi Skincare”) and Milk Makeup LLC (“Milk Makeup”). The results below set out certain key performance highlights for the business for the periods presented in the 2022 20-F. When reading the financial statements included...

Enerflex Ltd. Provides Full-Year 2023 Update and Preliminary Outlook for 2024

Written by Customer Service on January 16, 2024. Posted in Public Companies.

REPAID APPROXIMATELY US$120 MILLION OF DEBT DURING Q4 2023 PRELIMINARY OUTLOOK FOR 2024 REFLECTS STRONG DEMAND ACROSS BUSINESS UNITS AND GEOGRAPHIC REGIONS DISCIPLINED CAPITAL PROGRAM IN 2024, PRIORITIZING DEBT REDUCTION AND LOWERING NET FINANCE COSTS CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today is providing a full-year 2023 update and its preliminary financial and operational outlook for 2024. FULL-YEAR 2023 UPDATE Based on our preliminary review of unaudited results, Enerflex estimates 2023 capital expenditures of approximately US$110 million, below our guidance range of US$120 million to US$140 million, as we prioritized debt reduction to lower net financing costs. As at December 31, 2023, Enerflex’s net debt1 balance was less than US$900 million,...

Coherent Introduces Dot Projector Modules for Depth Sensing in Consumer Electronics, Robotics, and Autonomous Vehicles

Written by Customer Service on January 16, 2024. Posted in Public Companies.

Coherent dot projector assemblyDot projector modules from Coherent enable customers to design cameras that capture an entire scene at a broad angle and extended depth range even in bright outdoor lighting conditions, all while maintaining low power consumption.PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in optical sensing for consumer electronics, today announced the introduction of dot projector modules for depth sensing in consumer electronics, robotics, and autonomous vehicles.As the number of use cases for 3D cameras continues to increase, the demand is growing rapidly for sensor technology that can be configured for a wide range of applications and optimized for performance and cost. To meet the growing demand, Coherent is introducing dot projector modules based on 940 nm...

Clēnera Announces a Planned CEO Transition

Written by Customer Service on January 16, 2024. Posted in Public Companies.

BOISE, Idaho, Jan. 16, 2024 (GLOBE NEWSWIRE) — Clēnera, the U.S. subsidiary of Enlight Renewable Energy (TASE: ENLT.TA; NASDAQ: ENLT), today announced a leadership transition as Jason Ellsworth, CEO and Co-Founder, will be stepping down at the end of June 2024. Adam Pishl, Co-Founder of Clēnera and currently its COO, will assume the role of CEO. The six-month transition period allows for a smooth handover of responsibilities, ensuring continued growth for Clēnera and its partners. Adam has acted as COO since the company’s inception in 2013. He brings a wealth of experience and a deep understanding of Clēnera’s values, vision, and strategic direction. Clēnera’s other senior leaders will remain and provide strong support for the company’s continued success. The move comes as Jason was called to a voluntary capacity as...

Immuron achieves record half yearly Travelan® sales

Written by Customer Service on January 16, 2024. Posted in Public Companies.

Highlights:Record half yearly Travelan® sales of $2,334,969 Total sales of A$2,355,580 in H1, FY24$1,771,932 increase on H1, FY23 sales 51% higher than pre-pandemic period H1, FY20 salesMELBOURNE, Australia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce record half yearly sales (unaudited net sales) of its over-the-counter gastrointestinal and digestive health immune supplement Travelan®. Australia Sales of Travelan® increased to AUD $1,853,048 in H1, FY24, compared to AUD $260,205 in H1, FY23. Sales increased by $1,054,164 (132%) on the pre-pandemic peak period (H1, FY20). This increase partially reflects 3 months (May, June, July) of backorders accrued while awaiting GMP Clearance from the TGA. Australian...

Beam Global Receives $7.4M Order from the U.S. Army for 88 Off-Grid EV ARC™ Electric Vehicle Charging Systems

Written by Customer Service on January 16, 2024. Posted in Public Companies.

Each EV ARC makes and stores all its own electricity to deliver clean, renewable energy so EV drivers can Drive on Sunshine.SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced the U.S. Army Corps of Engineers, Army Material Command (AMC) placed an order for 88 EV ARC™ sustainable off-grid charging systems. The systems will be deployed across 21 locations in 16 states. The purchase was made through GSA Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing. The U.S. Army is building a more sustainable and energy-resilient future for its fleet and its facilities...

Prime Mining Announces CEO Succession

Written by Customer Service on January 16, 2024. Posted in Public Companies.

Scott Hicks Appointed CEO and Director, Daniel Kunz to RetireMay 2 2023 ResourceMay 2 2023 ResourceVANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: 04V3) announces that CEO Daniel Kunz is retiring effective February 1, 2024, and Mr. Scott Hicks, EVP, will succeed him as Chief Executive Officer at that time and has been appointed to the Board of Directors effective today. The seamless leadership transition completes a succession plan developed by the Board of Directors following Mr. Hicks’ appointment as Executive Vice President of Prime on August 17, 2022. Mr. Kunz will remain a Strategic Advisor and member of the Board. Mr. Kunz and Mr. Hicks will continue to work closely together. Daniel Kunz was appointed Chief Executive...

Tower Semiconductor Collaborates with Renesas to Manufacture SiGe-based Beamforming ICs for Tier-1 Customers in Satcom, 5G, and Aerospace & Defense Applications

Written by Customer Service on January 16, 2024. Posted in Public Companies.

The Satcom terrestrial market is expected to grow to 150M users by 2031 according to Euroconsult with the expansion of global satellite-based internet services MIGDAL HAEMEK, Israel, January 16, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leader in high-value analog semiconductor foundry solutions, today announced a collaboration with Renesas, leveraging Tower’s high-volume and high-performance SiGe BiCMOS technology to manufacture SiGe-based beamforming ICs. This strategic collaboration underscores Renesas’ commitment to innovation as its broad portfolio of beamforming products has already achieved design wins by key worldwide players across 5G, satcom, and Aerospace & Defense markets, positioning the company at the forefront of the industry. The Satcom terrestrial terminal market is growing rapidly...

Day: January 16, 2024

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