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Month: February 2024

The District Court dismissed the appeal of Saaremaa Laevakompanii and Väinamere Liinide against the subsidiaries of AS Tallinna Sadam

The Tallinn District Court decided to dismiss the appeal of the bankruptcy trustee of AS Saaremaa Laevakompanii (in bankruptcy) (hereinafter: “SLK”) and Väinamere Liinid OÜ (hereinafter: “Väinamere Liinid”) and to not change the decision of the Harju County Court of 31.03.2023, i.e. the statement of claim submitted by SLK and Väinamere Liinide on 28.03.2019 against the subsidiaries of AS Tallinna Sadam (hereinafter: “Tallinn Sadam”) TS Laevad OÜ and OÜ against TS Shipping was dismissed. In the statement of claim, SLK and Väinamere Liinid demanded a total of 23.8 million euros for damages caused by the alleged use of business secrets while participating in the public procurement of passenger transport services on Saaremaa and Hiiumaa lines (including SLK in the amount of 15.8 million euros and Väinamere...

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Legato Merger Corp. III Announces Closing of $201,250,000 Initial Public Offering

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) — Legato Merger Corp. III (the “Company”) announced that it has consummated its initial public offering of 20,125,000 units (including the full 2,625,000 units subject to the underwriters’ over-allotment option) at $10.00 per unit. The units were listed on the NYSE American Market (“NYSE American”) and began trading on February 6, 2024 under the ticker symbol “LEGT U”. Each unit consists of one ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the ordinary shares and redeemable warrants are expected to be listed on NYSE American under the...

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Blender Bites Recognized as a 2024 Product of the Year USA Award Winner

40,000 American Shoppers Voted Power Berry™, Liquid Sunshine™, and Daily Defen-C™ as Most Innovative Product in Healthy Beverage Category of 2024Blender Bites Recognized as a 2024 Product of the Year USA Award WinnerBlender Bites Recognized as a 2024 Product of the Year USA Award WinnerVANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) — Blender Bites Limited (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ), is pleased to announce that Power Berry™, Liquid Sunshine™, and Daily Defen-C™, three flavors of Blender Bites’ nutrient-packed 1-Step Smoothies, have been recognized as winners of the Most Innovative Product in Healthy Beverage Category of the 2024 Product of the Year USA Awards. Determined through a national study of 40,000 American...

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Disc Medicine Receives FDA Orphan Drug Designation for DISC-3405 for the Treatment of Polycythemia Vera

WATERTOWN, Mass., Feb. 09, 2024 (GLOBE NEWSWIRE) — Disc Medicine, Inc. (NASDAQ:IRON), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases, today announced that the United States Food and Drug Administration (FDA) has granted Orphan Drug Designation to DISC-3405 for the treatment of patients with polycythemia vera (PV). “Orphan drug designation is an important milestone that highlights the potential of DISC-3405 in PV, a rare disease with few treatment options,” said John Quisel, J.D., Ph.D., President and Chief Executive Officer of Disc. “We look forward to sharing initial data from our ongoing Phase 1 trial of DISC-3405 in healthy volunteers in the first half of 2024.” FDA Orphan Drug Designation is...

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JAKKS Pacific, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call

SANTA MONICA, Calif., Feb. 09, 2024 (GLOBE NEWSWIRE) — JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on February 29, 2024. A live webcast of the call will be available on the “Investor Relations” page of the Company’s website at www.jakks.com/investors. To access the call by phone, please go to this link (4Q23 Registration link), and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen...

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Bravo Multinational, Inc. Forges Ahead Into Streaming Entertainment Industry

Bravo’s innovative platform, TVee NOW™, expecting to launch in Q1 2024, offers streaming services with a diverse range of linear and on-demand content including exclusive music and comedy performancesBravo Multinational, Inc. Forges Ahead Into Streaming Entertainment IndustryBravo Multinational, Inc. (OTC: BRVO) ($Bravo) (“Bravo” or the “Company”) announces it has entered into an Asset Purchase Agreement (the “Agreement”) to acquire the assets of Streaming TVEE, Inc., thus solidifying its entry into the dynamic world of streaming.VIRGINIA BEACH, Va., Feb. 09, 2024 (GLOBE NEWSWIRE) — Bravo Multinational, Inc. (OTC: BRVO) ($Bravo) (“Bravo” or the “Company”) announces it has entered into an Asset Purchase Agreement (the “Agreement”) to acquire the assets of Streaming TVEE, Inc., thus solidifying its entry into the...

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Gryphon Digital Mining Debuts on Nasdaq

Delivering a Bitcoin Miner with a pedigreed team, ESG focus, and market leading operational efficiencies LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) — Gryphon Digital Mining, Inc. (“Gryphon” or the “Company”), is proud to announce its Nasdaq debut under the ticker symbol “GRYP” following its merger with Akerna Corp. Gryphon’s mission is to create a leading carbon-negative bitcoin miner and build upon its industry leading operational performance and pedigreed management team. Gryphon joins Nasdaq with a total attributable hashrate of up to 1.3 exahash per second (“EH/s”) following the purchase of newer generation S19K Pro machines. In 2023, Gryphon produced 788 bitcoin-equivalent coins. The Company is also an established leader in bitcoin efficiency, consistently ranking among the top three in bitcoin efficiency rankings relative...

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MedBright AI Announces Closing of LIFE Offering for Gross Proceeds of Approximately $1.4 Million

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) — MedBright AI Investments Inc. (CSE: MBAI) (OTCQB:MBAIF) (“MedBright” or the “Company”), is pleased to announce that it has closed the previously announced “commercially reasonable efforts” agency basis private placement offering of units (the “Units”) of the Company, for gross proceeds of $1,398,977.40 (the “Offering”). The Offering was conducted pursuant to an agency agreement dated as of February 9, 2024 (the “Closing Date”) among the Company, Canaccord Genuity Corp. (the “Lead Agent”), as lead agent and sole bookrunner, and a syndicate consisting of Beacon Securities Limited and PI Financial Corp. (collectively with the Lead Agent, the “Agents”). Pursuant to...

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Algoma Addresses Casthouse Incident

Employees Discharged From Hospital and Timing of Blast Furnace Restart Remains On Track SAULT STE. MARIE, Ontario, Feb. 09, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised that at approximately 10:00 pm on Wednesday, February 7 there was an incident at the north casthouse of the blast furnace complex where the Company believes slag made contact with moisture in the hot iron trough. Twelve workers were impacted by the incident and five were treated at Sault Area Hospital. All five were treated and released. Michael Garcia, the Company’s Chief Executive Officer, commented, “The hazards associated with working with molten metal are well known to us and we have comprehensive training...

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Prenetics Announces MOU for a Strategic Investment and 5-Year Research Collaboration with Metavisionaries to Pioneer R&D on the International Space Station

(From left: Dr. Ghada Alsaleh, Sonia Pawelczyk, Danny Yeung, Dr. James L. Green, Ahmed Alfandi, Dr. Tara Ruttley, Wasim Ahmed, Dr. Hilde Stenuit, Dr. Camille Alleyne at the MOU signing ceremony in Dubai, UAE Space Agency)(From left: Dr. Ghada Alsaleh, Sonia Pawelczyk, Danny Yeung, Dr. James L. Green, Ahmed Alfandi, Dr. Tara Ruttley, Wasim Ahmed, Dr. Hilde Stenuit, Dr. Camille Alleyne at the MOU signing ceremony in Dubai, UAE Space Agency)(From left: Dr. Ghada Alsaleh, Sonia Pawelczyk, Danny Yeung, Dr. James L. Green, Ahmed Alfandi, Dr. Tara Ruttley, Wasim Ahmed, Dr. Hilde Stenuit, Dr. Camille Alleyne at the MOU signing ceremony in Dubai, UAE Space Agency)Initial research project is with NDORMS, Botnar Research Institute, University of Oxford, focusing on accelerated aging in space Dr. James L. Green, former Chief Scientist...

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