Day: February 1, 2024

Industrial Insulation Market Set to Soar Past USD 13.16 Billion by 2030

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

The global Industrial Insulation market size is expected to reach USD 13.16 billion by 2030 and exhibit a CAGR of 5.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing emphasis on energy efficiency in industrial processes which drives the demand for insulation materials to reduce heat loss and energy consumption. Stricter environmental regulations and sustainability goals are prompting industries to adopt insulation solutions that minimize greenhouse gas emissions and reduce carbon footprint, fueling the market’s growth. Westford, USA, Feb. 01, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Industrial Insulation market, increasing adoption of advanced insulation materials and technologies, such as aerogels and vacuum insulation panels,...

Hexagon Purus ASA – Settlement of bond issue completed

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Reference is made to the announcement by Hexagon Purus ASA (the “Company”) of 20 December 2023 concerning the completion of the issue of convertible bonds with gross proceeds of approximately NOK 1,000 million (the “Bond Issue”). The Bond Issue was approved by the Company’s Extraordinary General Meeting on 11 January 2024. Settlement of the Bond Issue has now been completed and bonds have been issued to the subscribers. As communicated in the 20 December 2023 announcement, the Board of Directors has resolved to include Nicole Vermeulen, Chief Industrial Officer at Hy24, nominated by Clean Hydrogen Equipment Fund SLP, (Hy24), as an observer to the Board of Directors. For further information: Salman Alam, CFO, Hexagon Purus Telephone: +47 476 12 713 | salman.alam@hexagonpurus.com (mailto:salman.alam@hexagonpurus.com)...

Form 8.3 – Network International Holdings

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: P. Schoenfeld Asset Management LLP(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Network international Holdings PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position...

Silo Pharma Announces Pipeline Prioritization for 2024 Targeting Mental Health, Chronic Pain, and Neurology

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Preparing Pre-Investigational New Drug Application for lead drug program SPC-15 Company plans to pursue FDA streamlined 505(b)(2) pathway for clinical drug development SARASOTA, FL, Feb. 01, 2024 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced updates for its strategic 2024 focus for its clinical pipeline. The Company is advancing a diversified portfolio of four drugs targeting three health areas: mental health, chronic pain, and neurology. “This year we are prioritizing clinical development of our post-traumatic stress disorder (PTSD) therapeutic, SPC-15, in collaboration with Columbia University, and we plan to...

Verizon to host February 5, 2024 sell side analyst meeting

Written by Customer Service on February 1, 2024. Posted in Public Companies.

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) — Verizon Communications Inc. (NYSE, Nasdaq: VZ) will hold a sell side analyst meeting on Monday, February 5. Hans Vestberg, Chairman and CEO, and members of the senior leadership team will share operational and strategic updates. The meeting will begin at 4:30 p.m. ET. Access instructions and presentation materials will be available on Verizon’s Investor Relations website, www.verizon.com/about/investors/. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms,...

Global Artificial Lift Systems Market to Surpass 10.03 Billion by 2030 Driven by Growing Demands of Transportation

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

SkyQuest projects that the global artificial lift systems market will attain a value of USD 10.03 billion by 2030, with a CAGR of 4.8% during the forecast period (2023-2030). The primary objective of the artificial lift systems market report is to enhance production optimization and maximize the recovery of hydrocarbon resources, especially in cases where declining reservoir pressure presents operational challenges. Westford, USA, Feb. 01, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the global appetite for energy, especially in oil and gas, shows no signs of slowing down, fueled by factors such as population expansion, industrial progress, and the ever-growing demands of transportation. This unrelenting surge in energy demand is a pivotal catalyst for the artificial lift systems market. Browse in-depth TOC on the “Artificial...

Landsbankinn hf.: Correction: 2023 financial results of Landsbankinn

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Correction: A corrected version of the translation of the Icelandic announcement is hereby publised. Furthermore, a correction was made on the Board of Directors dividend proposal, which will be 16,5 billion not 16,6 billion as previously stated.Landsbankinn’s after-tax profit in 2023 was ISK 33.2 billion and return on equity was 11.6%. The Board of Directors intends to propose to the Bank’s AGM that the Bank pay a dividend in the amount of ISK 16.5 billion in 2024. The interest margin of domestic households is 2% and remains stable between years. Operating expenses rise in line with a general price increase, but the Bank’s cost-income ratio has never been lower, or 33.7%. Profit in the fourth quarter of 2023 was ISK 10.8 billion and return on equity 14.5%. Rising prices of equities and non-domestic bonds in the Bank’s asset portfolio...

1st Capital Bancorp Announces Fourth Quarter 2023 Financial Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

SALINAS, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $989.1 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”), today reported unaudited net income of $677 thousand, or $0.12 per diluted share, for the quarter ended December 31, 2023, compared to net income of $1.19 million, or $0.22 per diluted share, for the quarter ended September 30, 2023, and $1.31 million, or $0.24 per diluted share, for the quarter ended December 31, 2022. For the twelve months ended December 31, 2023, net income was $3.5 million, or $0.64 per diluted share, compared to $8.6 million, or $1.55 per diluted share for the prior twelve months ended December 31, 2022. Loan demand remained strong in the fourth quarter as the Company’s core loans increased $19.9 million, or...

Verizon unveils a hot ticket for customers with “Verizon Live” in Las Vegas leading up to Super Bowl LVIII

Written by Customer Service on February 1, 2024. Posted in Public Companies.

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) — Verizon customers will have one of the hottest tickets in Las Vegas in the lead-up to Super Bowl LVIII – exclusive access to “Verizon Live,” a four-day activation filled with meet-and-greets with their favorite NFL athletes, intimate discussions with popular actors and recording artists, and programming celebrating the very best in entertainment, sports and music – only from the network football fans rely on. Access an exclusive lineup of events, only for Verizon customers“Verizon Live,” will take over Jimmy Kimmel’s Comedy Club to host a series of events showcasing talent and content from partners like Netflix, Max, UNINTERRUPTED and Apple Music. The confirmed lineup includes: Thursday, February 8: Netflix Presents: @NetflixGeeked KickoffJoin Netflix and Verizon ahead of the big game...

VIVEON HEALTHCARE ACQUISITION CORP CONFIRMS BUSINESS COMBINATION

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Viveon combination with Clearday continues to move forward New York, Feb. 01, 2024 (GLOBE NEWSWIRE) — Viveon Health Acquisition Corp (NYSE American: VHAQ, VHAQW, VHAQR, VHAQU) a special purpose acquisition company (the “Company”) today is pleased to reconfirm its commitment to the previously announced business combination with Clearday (CLRD-OTCQX), a San Antonio, Texas-based Healthcare Services company. Clearday’s mission is to bring digital companionship to the 170 million Americans turning 50 by 2030. The companies, together with their financial advisor, ClearThink Capital, have been working diligently on the transaction and look forward to continuing to work with ClearThink after the proposed closing of the business combination in the future. Leadership of the companies had the following remarks: Jagi Gill, CEO of Viveon, said...

Day: February 1, 2024

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