Day: February 12, 2024

T2 Biosystems Receives FDA 510(k) Clearance for the Expanded T2Bacteria Panel

Written by Customer Service on February 12, 2024. Posted in Public Companies.

Increases number of bacteria species detected with addition of Acinetobacter baumannii LEXINGTON, Mass., Feb. 12, 2024 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the expanded T2Bacteria® Panel, adding the capability to detect another bacterial species, Acinetobacter baumannii (A. baumannii), to the expansive panel. A. baumannii is a cause of bloodstream infections, especially in critically ill patients, which can range from benign transient bacteremia to septic shock. In a large study of nosocomial bloodstream infections, A. baumannii was the tenth most common pathogen and has a crude ICU mortality rate of 34.0% to 43.4%....

Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to March 10, 2024

Written by Customer Service on February 12, 2024. Posted in Public Companies.

Singapore, Feb. 12, 2024 (GLOBE NEWSWIRE) — Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from February 10, 2024 to March 10, 2024. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with...

Infinite Reality, the Global Leader in Immersive Experiences, Acquires Spatial Web Pioneer Ethereal Engine

Written by Customer Service on February 12, 2024. Posted in Mergers And Acquisitions.

Infinite Reality Acquires Ethereal EnginePhoto 1Virtual Experiences Leader Acquires Ethereal Engine in Share-For-Share Transaction Valuing Infinite Reality at $2.5 Billion and Ethereal Engine at $75 million Entire Ethereal Engine Team, Including Top Executives and Innovators, Has Joined Infinite Reality LOS ANGELES, Feb. 12, 2024 (GLOBE NEWSWIRE) — Infinite Reality (“iR”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, and Ethereal Engine (“Ethereal”), a creator of end-to-end frameworks for web-first, social immersive experiences, announced today that the companies have completed a share-for-share acquisition valuing Infinite Reality at $2.5 billion and Ethereal Engine at $75 million. This latest transaction provides yet another multi-billion-dollar valuation benchmark for Infinite...

Global Asphalt Shingles Market to Surpass 8551.14 Million by 2030 Driven by Increasing Demand for Cost-Effective Roofing Solutions

Written by Customer Service on February 12, 2024. Posted in Mergers And Acquisitions.

SkyQuest projects that the global asphalt shingles market will attain a value of USD 8551.14 million by 2030, with a CAGR of 2.9% during the forecast period (2023-2030). The global asphalt shingles market is a thriving and pivotal sector within the broader construction industry, fueled by an ever-increasing global demand for efficient and cost-effective roofing solutions. Asphalt shingles, crafted from a composite blend of asphalt and fiberglass, present a compelling package of attributes. Westford USA, Feb. 12, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the fundamental purpose of the global asphalt shingles market is to address the escalating demand for roofing materials that offer both durability and longevity while withstanding diverse and often harsh weather conditions. Asphalt shingles fulfill this crucial role by providing...

Inception Growth Acquisition Limited (NASDAQ: IGTA) Announces Filing of Registration Statement on Form S-4 in Connection with Its Proposed Business Combination with AgileAlgo, a Leading AI Company

Written by Customer Service on February 12, 2024. Posted in Mergers And Acquisitions.

New York, Feb. 12, 2024 (GLOBE NEWSWIRE) — Inception Growth Acquisition Limited (NASDAQ: IGTA), a publicly traded special purpose acquisition company (SPAC) sponsored by Soul Ventures Partners LLC (“Soul Ventures”), has announced the filing of a registration statement on Form S-4 (the “Registration Statement“) on February 7, 2024, with the U.S. Securities and Exchange Commission (SEC). The Registration Statement includes a preliminary proxy statement and prospectus regarding the proposed business combination with AgileAlgo Holdings Limited (“AgileAlgo”), an AI company that powers enterprise-grade natural language code generators for machine learning and data management platforms to disrupt the software consulting industry. While the Registration Statement has not yet become effective and the information contained therein...

Toro Corp. Reports Net Income of $28.2 Million for the Three Months Ended December 31, 2023 and $140.6 Million for the Year Ended December 31, 2023

Written by Customer Service on February 12, 2024. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, Feb. 12, 2024 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2023. Highlights of the Fourth quarter Ended December 31, 2023:Total vessel revenues: $11.9 million, as compared to $38.0 million for the three months ended December 31, 2022, or a 68.7% decrease; Net income: $28.2 million, as compared to $25.1 million for the three months ended December 31, 2022, or a 12.4% increase; Earnings (basic) per common share: $1.41 per share, as compared to $2.65 per share for the three months ended December 31, 2022; EBITDA(1): $28.4 million, as compared to $27.2 million for the three months ended December 31, 2022; Cash and restricted cash of $155.6 million...

Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date

Written by Customer Service on February 12, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions. Record Date Payable Date Per ShareCLM April 15, 2024 April 30, 2024 $0.1086CLM May 15, 2024 May 31, 2024 $0.1086CLM June 14, 2024 June 28, 2024 $0.1086 CRF April 15, 2024 April 30, 2024 $0.1037CRF May 15, 2024 May 31, 2024 $0.1037CRFJune 14, 2024 June 28, 2024 $0.1037In addition, the March 2024 monthly distribution payable date has been changed to March...

Fly Play hf.: Termination of market-making agreement

Written by Customer Service on February 12, 2024. Posted in Public Companies.

A market-making agreement between Landsbankinn hf. and PLAY has been terminated effective as of market close on 16 February 2024.

Avant Technologies, Inc. Expands Scope of AvantAI to Include Intelligent, Proactive Data Center Monitoring and Management

Written by Customer Service on February 12, 2024. Posted in Public Companies.

LAS VEGAS, NV, Feb. 12, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in creating and developing innovative and advanced AI infrastructure solutions, announced today that it plans to begin additional training on AvantAI™ to enhance its latest developments in high-performance data center infrastructure. As one of the earliest companies to bring a gen AI to market, Avant’s announcement marks a significant advancement in data center operations management. “We are thrilled to introduce our groundbreaking AI technology for intelligent data center management,” said Danny Rittman, CISO at Avant Technologies, Inc. “With our innovative solution, organizations can unlock new levels of...

LVMH: availability of 2023 audited consolidated financial statements

Written by Customer Service on February 12, 2024. Posted in Public Companies.

Paris, February 12th, 2024 LVMH Moët Hennessy Louis Vuitton announces the availability of its 2023 audited consolidated financial statements. The French version of this document was filed with the “Autorité des Marchés Financiers” (AMF) on February 12th, 2024. The English translation of this document may be consulted in the Publications section of the Company’s website (www.lvmh.com).AttachmentAvailabilityof2023ConsolidatedFinancialStatements

Day: February 12, 2024

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