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Month: January 2024

Iris Energy Announces Monthly Investor Update for December 2023

Figure 1Childress – Phase 1 (100MW) construction progressFigure 2Childress – DC 2 electrical installation complete and ready for miner deliveriesDaily average operating hashrate chartDaily average operating hashrate chart10 EH/s expansion fully fundedConstruction ahead of schedule SYDNEY, Australia, Jan. 05, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for December 2023, containing its results from operations as well as business updates. Key Highlights14,123 BTC mined in calendar year 2023Key metrics2 Dec-23Average operating hashrate (PH/s) 5,576Bitcoin...

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Multitude SE Contemplates a Relocation to Switzerland

Multitude SE Contemplates a Relocation to Switzerland Helsinki, 5 January 2024 – Multitude SE, a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “company”), announces that it contemplates a relocation from Finland to Switzerland while maintaining its legal personality and without dissolution (Relocation). As Finnish law does not allow the relocation to be carried out directly from Finland to a country outside of the European Economic Area, such as Switzerland, while maintaining the company’s legal personality, the relocation is being considered via Malta. Consequently, the company has begun investigations of a possibility of carrying out the relocation during the year 2024 in phases by first transferring the company’s registered office from Finland to Malta pursuant...

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17EdTech Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the matter is closed. On August 3, 2023, 17EdTech received a notification letter (the “Deficiency Notice”) from the Nasdaq indicating that the closing bid price for the Company’s American depositary shares (“ADSs”) was below the minimum bid price of $1.00 required for continued listing under Nasdaq Listing Rule 5450(a)(1) for 30 consecutive...

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Global Data Center Colocation Market to Reach Value of USD 124.90 Billion by 2030 | Skyquest Technology

Global data center colocation market is segmented on the basis of type, and end-user. The market can be segmented based on type into wholesale colocation, and retail colocation. Based on end-user, the market is segmented into IT and telecom, and BFSI- Industry forecast 2023-2030 Westford,USA, Jan. 05, 2024 (GLOBE NEWSWIRE) — According to SkyQuest report, a significant catalyst propelling the global data center colocation market is the escalating need for cost-effective and scalable data storage and processing solutions. In digital age, businesses, tiny and medium-sized enterprises (SMEs), often find themselves burdened by the substantial expenses associated with constructing and managing their proprietary data centers. Browse in-depth TOC on the “Data Center Colocation Market”                Pages – 157 Tables...

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JDE Peet’s successfully completes the acquisition of Maratá’s coffee & tea business in Brazil

PRESS RELEASE Amsterdam, 5 January 2024 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced that it has successfully completed the acquisition of the Brazilian coffee & tea business from JAV Group for an undisclosed amount in cash, which was first announced on 24 July 2023. Maratá’s coffee & tea business is predominantly present in the northern part of Brazil through its longstanding and well-known brands Café Maratá and Chá Maratá. The acquisition complements JDE Peet’s’ existing portfolio of brands predominantly sold in the southern regions of Brazil, and increases the company’s scale and national coverage in Brazil, a market which offers compelling prospects for both volume and value growth. As a result, the acquisition offers long-term value creation potential...

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Lerøy Seafood Group ASA: Trading update Q4 2023

HARVEST VOLUMES OF SALMON AND TROUT Total harvest volume for Norway in Q4 2023 was 47.5 thousand GWT, distributed per region/company as follows (in 000’ GWT): Lerøy Aurora: 12.5 Lerøy Midt: 20.3 Lerøy Sjøtroll: 14.7 (of which 6.5 was trout) Challenges related to string jellyfish had some impact on production in the fourth quarter of 2023 resulting in loss of feeding days in Lerøy Aurora. Lerøy Sjøtroll harvested some sites earlier than originally planned whereas Lerøy Midt experienced limited impact. Harvest volumes of salmon and trout for Norway ended at 160 thousand GWT in 2023. This is somewhat higher than previously guided, but biomass going into 2024 is slightly lower for the reasons mentioned above. The 2024 guidance for Norway remains 175 thousand GWT. CATCH VOLUMES OF WILDFISH Total wild catch volumes (Lerøy Havfisk) was 12,5...

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Sodexo Q1 Fiscal 2024: strong organic revenue growth at +8.2%

Issy-les-Moulineaux, January 5, 2024Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY) Sodexo Q1 Fiscal 2024: strong organic revenue growth at +8.2%High single digit Underlying growth in all zones Full year Fiscal 2024 guidance maintained  Q1 FISCAL 2024 REVENUESREVENUES(in million euros) Q1 FY24 Q1 FY23   ORGANICGROWTH EXTERNALGROWTH CURRENCYEFFECT TOTALGROWTHNorth America 3,030 2,992   +8.7% +0.1% -7.6% +1.3%Europe 2,196 2,047   +9.2% -0.8% -1.2% +7.3%Rest of the World 1,061 1,057   +4.7% -0.2% -4.2% +0.3%SODEXO 6,287 6,097   +8.2% -0.3% -4.8% +3.1%Note 1: These numbers exclude any contribution from Pluxee which as a discontinued activity is consolidated only at the net profit level. Note 2: The impact from Q4 2023 of the accounting change related to revenue recognition in a large Energy & Resources contract...

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WISeKey and Cybersecurity Tech Accord to Host an Influential Roundtable Discussion During Davos 2024 Event

The Roundtable “AI Unleashed – Ensuring Safety and Leveraging Decentralization” Will Take Place on January 17, 2024 in Davos, Switzerland Geneva, Switzerland – January 5, 2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, is proud to announce that in collaboration with the Cybersecurity Tech Accord, it will host a roundtable discussion on January 17, 2024 in Davos, Switzerland. The roundtable, themed “AI Unleashed: Ensuring Safety and Leveraging Decentralization,” is a landmark gathering that will dissect the burgeoning role of cybersecurity within Artificial Intelligence. It will aim to navigate the complex terrain of AI, probing the ethical, safety, and privacy challenges that accompany...

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AirNet Announces Receipt of Deficiency Letter from Nasdaq

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) — AirNet Technology Inc., formerly known as AirMedia Group Inc. (the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter dated December 29, 2023 (the “Deficiency Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders’ equity. In the Company’s Form 6-K dated December 28, 2023, the Company reported a negative stockholders’ equity of approximately $25.3 million. Nasdaq also determined that the Company does not meet the alternatives of market value of listed securities or net income from continuing operations for continued listing. The...

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Basilea provides portfolio status update

Clinical portfolio substantially strengthened through business development in 2023; two phase 3 studies expected to start in 2024 Cresemba in-market sales of USD 445 million, increased 22% year-on-year, in 12-month period ending September 2023; 6-months market exclusivity extension granted in the US FDA PDUFA target action date on ceftobiprole US NDA April 3; US commercialization partner expected to be announced prior to FDA decisionAllschwil, Switzerland, January 5, 2024 Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, reported today on the progress within its R&D portfolio in 2023 and upcoming milestones and timelines. David Veitch, Chief Executive Officer, said: “We have achieved significant milestones...

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