Month: February 2024

CBP informed counsel on Feb. 20, 2024, that a final determination on the ruling request is now expected within one to two months BREA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On Feb. 20, 2024, CBP informed counsel that a final determination on the ruling request is now expected within one to two months.CBP ruling requests are typically processed on a first-in, first-out basis CBP ruling requests are typically decided between 45 to 90 days, but may exceed this aspirational timeframe depending on the agency’s caseloadOn Nov. 24, 2023, Mullen and Rapid Response Defense Systems (“RRDS”)...

The Supervisory Board of Tallinna Kaubamaja Grupp AS approved today, on 21 February 2024 the annual report and profit allocation proposal for the year 2023 of Tallinna Kaubamaja Grupp AS. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the Management Board for the approval of the general meeting of shareholders. The revenues and profits remained unchanged compared to the preliminary disclosure on 18 January 2024. The original audited Annual Report 2023 document is submitted in machine-readable .xhtml format to the Nasdaq Tallinn Stock Exchange and digitally signed (Link: https://nasdaqbaltic.com/statistics/en/instrument/EE0000001105/reports). The consolidated audited revenue of Tallinna Kaubamaja Grupp AS for the year of 2023 was 947.3 million euros. The revenue increased by 9.8...

The year 2024 started with strong results for Bigbank. Business volumes increased in January, which was also reflected in the revenues. In a changing interest rate environment, where deposit interest rates have peaked and are expected to decline during 2024, many depositors are actively seeking opportunities to place their available funds under reasonable conditions. Bigbank continues to offer attractive interest rates in the market, and therefore, the deposit portfolio showed significant growth in January, reaching the level of 2.0 billion euros. Both the savings deposit portfolio and the term deposit portfolio showed growth individually. A significant milestone was the introduction of term deposits in Lithuania, marking the coverage of Bigbank’s last domestic market where this product was not previously offered. Since January 2024,...

Verizon Business to showcase the latest in smart grid and utility transmission solutions at DISTRIBUTECH International February 27-29. Stop by booth #1233 on the showfloor BASKING RIDGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — Verizon Business will demonstrate the future of connected energy through innovative smart grid and utility transmission solutions at this year’s DISTRIBUTECH, an annual event that showcases forward-looking technologies that power homes and businesses. “With new industry standards, cybersecurity needs and tech innovations emerging, the utility transmission industry is evolving, and connected technology is key for embracing that transformation,” said TJ Fox, SVP of Industrial IoT and Automotive. “Not only can Verizon Business help make energy consumption more efficient, secure and flexible, but we can also help...

TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (OTCQB: PHRRF) (CSE: PHRM), a specialty pharmaceutical company, announced today Sairiyo Therapeutics Inc. (“Sairiyo”), a company that is forty-nine percent (49%) owned by PharmaTher and fifty-one percent (51%) owned by PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) (“PharmaDrug”), has initiated its regulatory and clinical development plan to evaluate Sairiyo’s patented reformulated enteric coated version of orally bioavailable cepharanthine (“PD-001”) as a potential treatment for oncology and infectious diseases in a Phase1 clinical study in Australia. PD-001 is protected by US Patent US10576077, with a patent expiration date of March 23, 2036. In pursuit of its clinical strategy for PD-001, Sairiyo is establishing a wholly-owned subsidiary...

Dubai, UAE, Feb. 21, 2024 (GLOBE NEWSWIRE) — Lytus Technologies Holdings PTV. Ltd. (the “Company”) (Nasdaq:LYT), a leading global technology-driven services company, today announced that on February 5th, 2024, the Board of Directors of the Company approved a reverse stock split (the “Reverse Split”) of its authorized, issued and outstanding ordinary shares, par value $0.01 per share, at a ratio of 1-for-60 so that every 60 shares currently authorized and issued is combined into one (1) share. Shareholders otherwise entitled to receive a fractional share as a result of the Reverse Split will receive a whole share in lieu of such factional share. In connection with the Reverse Split, a vote of the shareholders of the Company is not required and as such, no shareholder vote or meeting of shareholders will be held. The Reverse Split...