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Day: February 16, 2024

Harbor Custom Development, Inc., Announces Intentions to Liquidate via Chater 11 Plan

TACOMA, Wash, Feb. 16, 2024 (GLOBE NEWSWIRE) — As previously announced, on December 11, 2023, Harbor Custom Development, Inc. (OTC PK: HCDIQ, HCDPQ, HCDWQ, HCDZQ) (collectively with certain of its wholly owned subsidiaries described below, “the Company”) voluntarily filed for protection under Chapter 11 of the United States Bankruptcy Code in the Western District of Washington at Tacoma.  The Company today announced its plan to continue to wind down its operations and voluntarily liquidate all of its assets through an approved Chapter 11 Plan. The Company has retained Keen-Summit Capital Partners LLC, a leading real estate brokerage and investment banking firm based in New York, NY, to manage the sale of its premier multi-family real estate portfolio, which represents a rare opportunity to invest in one of the Pacific Northwest’s...

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MINILUXE ANNOUNCES PROPOSED SHARES FOR DEBT SETTLEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Boston, MA, Feb. 16, 2024 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) announces that in order to settle certain debts of the Company, it intends to issue to Paintbox, LLC (“Paintbox”) and certain arm’s length non-management employees of the Company (the “Employees”) an aggregate of 597,446 Class A subordinate voting shares in the capital of MiniLuxe (the “Shares”) at a price of per Share of CAD$0.52 (the “Shares for Debt Transaction”). The Shares for Debt Transaction will settle an aggregate of approximately USD$221,959 owing to Paintbox and the Employees in connection with the Company’s earnout obligations pursuant to its wholly-owned subsidiary’s acquisition of Paintbox in 2022, and certain...

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ASP Isotopes Inc. Provides Update on Plans to Spin-Out its Wholly Owned Subsidiary, Quantum Leap Energy

– ASP Isotopes plans to spin a portion of Quantum Leap Energy’s common equity to ASP Isotopes’ stockholders as of a future record date, in a tax efficient manner. – ASP Isotopes licenses rights to technology related to the enrichment of nuclear fuels to Quantum Leap Energy. ASPI to receive a 10% perpetual royalty on all revenues of Quantum Leap Energy. – ASPI and QLE continue to work with potential customers to help resolve the current nuclear fuel supply chain issues. At current prices, ASPI and QLE has customer interest in over $30 billion of HALEU. WASHINGTON, Feb. 16, 2024 (GLOBE NEWSWIRE) — ASP Isotopes Inc. NASDAQ: ASPI (“ASP Isotopes” or “ASPI” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple...

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Mueller Water Products to Participate in the Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium

ATLANTA, Feb. 16, 2024 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) will participate in the Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium in New York on Thursday, February 22, 2024. Mueller Water Products is scheduled to present at 10:30 a.m. Eastern Time. The presentation will be webcast on the Investor Relations section of the Company’s website www.muellerwaterproducts.com and will be available for 90 days. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America.  Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment,...

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KULR Receives Non-Compliance Notice from NYSE American

SAN DIEGO, Feb. 16, 2024 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced that the Company received a letter (the “Letter”) from the staff of NYSE American LLC (the “Exchange”) stating that the Company’s securities’ performance of trading price is below compliance criteria pursuant to Section 1003(f)(v) of the NYSE American Company Guide, which the Exchange determined to be a 30-trading day average of less than $0.20 per share. The Company’s continued listing is predicated on it demonstrating sustained price improvement within a reasonable period of time, which the Exchange has determined to be no later than August 12, 2024, or otherwise effecting a reverse stock split of its common stock. KULR...

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HII Employees Honored At 38th Annual Black Engineer of the Year Award (BEYA) STEM Conference

HII BEYA Awards 2024HII announced today that 10 employees from its Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies divisions were recognized for achievements in the science, technology, engineering and math fields during the 38th annual Black Engineer of the Year Award (BEYA) STEM Conference.BALTIMORE, Feb. 16, 2024 (GLOBE NEWSWIRE) — Global all-domain defense provider HII (NYSE: HII) announced today that 10 employees from its Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies divisions were recognized for achievements in the science, technology, engineering and math fields during the 38th annual Black Engineer of the Year Award (BEYA) STEM Conference. The conference is taking place this weekend at the Convention Center in Baltimore, Maryland. “I am extremely proud of our...

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Ohmyhome Announces Closing of Upsized $4.8 Million Public Offering of Ordinary Shares

Singapore, Feb. 16, 2024 (GLOBE NEWSWIRE) — Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, as well as property management services for condominiums in Singapore, today announced the closing of its upsized public offering of 3,555,555 ordinary shares at a public offering price of $1.35 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $4.8 million. Maxim Group LLC acted as sole placement agent in connection with this offering. The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-275987) (the “Registration Statement”), which was declared effective by the Securities...

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Looking Glass Labs Announces Name Change

VANCOUVER, British Columbia, Feb. 16, 2024 (GLOBE NEWSWIRE) — Looking Glass Labs Ltd. (“LGL” or the “Company”) (CBOE Canada: NFTX) (OTC: LGSLF) (FRA: H1N) is pleased to announce that the Company will change its name to “Metasphere Labs Inc.” from “Looking Glass Labs Ltd.” and begin trading on the Cboe Canada Inc. (the “Cboe”) under the new name at the market open on February 29, 2024. The Company will also concurrently change its stock symbol to “LABZ” from “NFTX” on the Cboe. No action is required to be taken by shareholders with respect to the name change. Outstanding share certificates are not affected by the name change and do not need to be exchanged. The Company’s ISIN and CUSIP numbers for the common shares will change to CA59140M1086 and 59140M108, respectively. ABOUT LOOKING GLASS LABS Based in...

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Larimar Therapeutics Announces Closing of Underwritten Public Offering of Common Stock and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

BALA CYNWYD, Pa., Feb. 16, 2024 (GLOBE NEWSWIRE) — Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced the closing of its previously announced underwritten public offering of 19,736,842 shares of its common stock, which includes the exercise in full of the underwriters’ option to purchase 2,574,370 additional shares, at the public offering price of $8.74 per share, the closing price of its common stock on February 13, 2024. The aggregate gross proceeds to Larimar from this offering, before deducting underwriting discounts and commissions and estimated offering expenses, were approximately $172.5 million. Leerink Partners, Citigroup and Guggenheim Securities acted as joint bookrunning managers for the offering. LifeSci...

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Motus GI Holdings, Inc. Announces Adjournment of the February 16, 2024 Special Meeting of Stockholders

FORT LAUDERDALE, Fla., Feb. 16, 2024 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc. (“the Company”) (NASDAQ: MOTS), today announced that its special meeting of stockholders held on February 16, 2024 (the “Special Meeting”) was convened and then adjourned, without conducting any business, in order to provide stockholders additional time within which to vote on the proposal described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on January 24, 2024 (the “Proxy Statement”). The adjourned Special Meeting will reconvene on March 7, 2024 at 9:30 a.m. Eastern Time at www.cstproxy.com/motusgi/sm2024. The original record date of December 20, 2023 remains the same for the adjourned Special Meeting. Stockholders of record may attend the virtual webcast meeting by logging in through the...

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