Month: February 2024

GRANT OF PERFORMANCE SHARE UNITS

Written by Customer Service on February 6, 2024. Posted in Public Companies.

Pursuant to Ambu A/S’ (Ambu) Remuneration Policy, a total of 172,956 Performance Share Units (PSUs) related to Ambu’s long-term incentive programme (LTIP) for 2023/24 have been granted on 6 February 2024 with retroactive effect from 1 January 2024. 49,109 of the PSUs have been granted to the Executive Management and 123,847 of the PSUs have been granted to other key employees. The LTIP covers the financial year 2023/24, and the final allocation of PSUs is conditional upon achievement of two key performance indicators (organic revenue growth and EBIT margin) for the fiscal year 2023/24 and will be within the range of 0-200% of the initial grant. The PSUs are granted free and subject to achievement of the KPIs mentioned above. Each PSU will at vesting, on 1 January 2027, be converted to one Class B share in Ambu A/S subject to the terms...

SEALSQ Announces Intention to Establish OSAT Center in the US

Written by Customer Service on February 6, 2024. Posted in Public Companies.

The company is currently evaluating Colorado, Arizona, and New York as potential locations. It is intended that the center will be operational by the end of 2025. Tortola, British Virgin Islands , Feb. 06, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (“SEALSQ” or “Company”) (NASDAQ: LAES), a leader in the fields of Semiconductors, PKI, and Post-Quantum technology, today announced its plan to establish an Open Semiconductors Assembly and Test (“OSAT”) Center in the United States (“US”). The US-based OSAT would provide testing services such as the wafer test and final test, in addition to assembly services such as QFN, BGA, WLCSP, and more. The initiative encompasses the development of Semiconductor Personalization Centers through Public-Private Partnerships (PPP). SEALSQ is currently in negotiation for three major...

Vivid Seats and Hopper Release 2024 Big Game Guide

Written by Customer Service on February 6, 2024. Posted in Public Companies.

Fan Forecast® Predicts Crowd Advantage for Niners NationAnalyzing its historic data insights and current ticket sales, Vivid Seats Fan Forecast®is predicting a 60% crowd advantage for the San Francisco 49ers, with Chiefs fans making up 40%.Fan Forecast® Predicts Crowd Advantage for Niners NationAirfares to Las Vegas for Big Game weekend surge over 200% in the last two weeks CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, and Hopper, a global travel platform, released the 2024 Big Game Travel Guide, a comprehensive travel guide, revealing ticket prices, travel trends and consumer fan insights. According to Vivid Seats’ data,...

Accredited Solutions, Inc. Announces January Sales YOY 2024 Growth of >44% From 2023

Written by Customer Service on February 6, 2024. Posted in Earnings Releases And Operating Results.

NEW YORK, NY, Feb. 06, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Accredited Solutions, Inc. (the “Company”), the parent company of Diamond Creek Water, an ionized alkaline bottled water brand available in major grocery and convenience store chains, is pleased to announce year-over-year sales growth of 44% from January 2024 vs January 2023. Eduardo Brito, CEO of Accredited Solutions, attributes this increase in performance to the exceptional quality of the Diamond Creek Water product and the unwavering loyalty of our core customer base. Underlining the success of the initial phase of the Company’s restructuring plan, Mr. Brito highlights strategic adjustments that focused on rectifying management deficiencies, particularly in customer service and communication with retail partners, distributors, and customers. “The transformation...

CTS Announces Fourth Quarter and Full-Year 2023 Results

Written by Customer Service on February 6, 2024. Posted in Earnings Releases And Operating Results.

Building Momentum on Long-term Strategy While Navigating Near-term ChallengesAnnounces $100 million Share Repurchase Program LISLE, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced fourth quarter and full-year 2023 results. “We made good progress in 2023 on our strategic priorities, adding content through several new products in transportation and achieving strong electrification awards. We continued to win new customers and applications in the non-transportation end markets that will support our long-term goal to further diversify and strengthen our business,” said Kieran O’Sullivan, CEO of CTS Corporation. “Our teams managed through a challenging year largely driven by headwinds in the industrial...

Twin Disc Approves a Quarterly Cash Dividend

Written by Customer Service on February 6, 2024. Posted in Dividend Reports And Estimates.

MILWAUKEE, Feb. 06, 2024 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the “Board”) approved a regular quarterly cash dividend of $0.04 per share payable on March 1, 2024, to shareholders of record at the close of business on February 16, 2024. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources,...

Veru Announces FDA Clearance of IND Application to Initiate Phase 2b Clinical Trial with Enobosarm to Treat Muscle Loss Associated with Weight Loss Drugs

Written by Customer Service on February 6, 2024. Posted in Public Companies.

FDA IND clearance is an important development milestone in advancing enobosarm in combination with GLP-1 drugs for potentially higher quality weight loss than has been shown with GLP-1 drug alone Randomized Phase 2b clinical trial aims to show enobosarm preserves muscle and physical function while augmenting fat loss in sarcopenic obese or overweight elderly patients on GLP-1 drug for weight loss Phase 2b clinical trial is expected to initiate by April 2024 Phase 2b clinical trial final topline results are anticipated by year-end MIAMI, FL, Feb. 06, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for potentially higher quality weight loss, oncology, and viral induced acute respiratory distress syndrome (ARDS), today announced that the U.S....

Safe & Green Holdings Announces it has Entered Into a Design Build Contract with Hostel Cubed to Produce First Modular Camping Cube for the California Coast

Written by Customer Service on February 6, 2024. Posted in Public Companies.

Rendering of 12-unit Hostel Cubed prototypeRendering of 12-unit Hostel Cubed prototypeRendering of 12-unit Hostel Cubed prototype Miami, FL, Feb. 06, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that Safe and Green Holdings has entered into a design-build contract with Hostel Cubed, founded by Jeff Manno and Doug Higgins, to produce their first modular camping cube for the California Coast, the “Coastal Camping Cube.” David Cross, VP of Business Development for Safe & Green Holdings, stated, “We are excited to have entered into this design-build contract with Hostel Cubed to develop and fabricate their 12-unit Hostel Cubed prototype. Our companies share a...

Processa Pharmaceuticals Regains Compliance with Nasdaq Minimum Bid Price Rule

Written by Customer Service on February 6, 2024. Posted in Public Companies.

HANOVER, MD, Feb. 06, 2024 (GLOBE NEWSWIRE) — Processa Pharmaceuticals, Inc. (Nasdaq: PCSA) (“Processa” or the “Company”), a clinical-stage pharmaceutical company focused on developing the next generation of chemotherapeutic drugs to improve the efficacy and safety for more patients suffering from cancer, announces it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing on the Nasdaq Market and that the matter is now closed. To regain compliance with the Rule, the Company’s ordinary shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on February 2, 2024. About Processa...

Business Process Management Market Set to Soar Past USD 54.72 Billion by 2030

Written by Customer Service on February 6, 2024. Posted in Mergers And Acquisitions.

The global Business Process Management market size is expected to reach USD 54.72 billion by 2030 and exhibit a CAGR of 20.02% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing need for organizations to streamline and optimize their business processes for improved efficiency and cost reduction, the growing adoption of digital transformation initiatives, the demand for agile and flexible business operations to respond to market changes, the desire to enhance customer experience and satisfaction through process automation, the regulatory compliance requirements that necessitate standardized and auditable processes, and the emergence of cloud-based BPM solutions, making BPM more accessible and scalable for businesses of all sizes is fueling the market’s growth. Westford USA, Feb....

Month: February 2024

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