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Month: February 2024

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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Gray Announces Closing and Upsizing of Revolving Credit Facility Refinancing and Announces Update on Term Loan and BMI Sale Proceeds

ATLANTA, Feb. 16, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it has closed a refinancing and upsizing of its revolving credit facility and has postponed its planned opportunistic refinancing of its $1.19 billion term loan due in 2026, due to recent market conditions. In addition, Gray announced today that, on February 8, 2024, Gray received approximately $110 million in pre-tax cash proceeds from the closing of the previously announced sale of Broadcast Music, Inc. (“BMI”) to a shareholder group led by New Mountain Capital, LLC.   On January 30, 2024, Gray launched a process, subject to market and other conditions, to refinance a portion of its existing senior credit facilities. Subsequent developments in the capital markets led Gray to postpone the process through...

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Athene Holding Ltd. Declares First Quarter 2024 Preferred Stock Dividends

WEST DES MOINES, Iowa, Feb. 16, 2024 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preferred stock (represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock), payable on April 1, 2024 to holders of record as of March 15, 2024.Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”); holders of depositary shares will receive $0.396875 per depositary share. Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”); holders of depositary shares will receive $0.3515625 per depositary...

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United Community Banks, Inc. Announces Quarterly Cash Dividends on Preferred Stock

GREENVILLE, S.C., Feb. 16, 2024 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $429.6875 per share (equivalent to $0.4296875 per depositary share or 1/1000th interest per share) on the Company’s 6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NASDAQ: UCBIO). The dividend is payable March 15, 2024 to shareholders of record on February 29, 2024. About United Community Banks, Inc.United Community Banks, Inc. (NASDAQ: UCBI) is the financial holding company for United Community, a top 100 US financial institution that is committed to improving the financial health and well-being of its customers and ultimately the communities it serves. United Community provides a full range of banking, wealth management, and mortgage services....

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Autoscope Technologies Corporation Announces Dividend

MINNEAPOLIS, Feb. 16, 2024 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (“Autoscope”) (OTCQX: AATC) announced today that its Board of Directors has declared a regular quarterly dividend of $0.13 per share of common stock, payable on March 5, 2024 to shareholders of record at the close of business on February 27, 2024. About Autoscope Technologies Corporation Autoscope Technologies Corporation is a global company dedicated to helping improve safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications and solutions. We give Intelligent Transportation Systems (ITS) professionals more precise and accurate information – including real-time reaction capabilities and in-depth analytics – to make more confident and proactive decisions. We are headquartered in Minneapolis,...

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