Day: March 18, 2024
Reiterates Previously Reported Expectations Regarding Fourth Quarter Results
NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, announced it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) related to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. The Company is working diligently to finalize its financial statements and currently expects to file its Form 10-K on or before April 15, 2024. During the fourth quarter of 2023, the Company devoted considerable resources to undertaking a broad-based review of its accounting policies in connection with the restatements of the Company’s previously issued...
WORKSPORT ANNOUNCES PRICING OF APPROXIMATELY $2.8 MILLION REGISTERED DIRECT OFFERING & CONCURRENT PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULES
Written by Customer Service on . Posted in Public Companies.
West Seneca, New York, March 18, 2024 (GLOBE NEWSWIRE) — Worksport Ltd. (Nasdaq: WKSP; WKSPW) (“Worksport” or the “Company”) is pleased to announce today that it has entered into a securities purchase agreement with a single institutional investor to purchase 3,850,132 shares of common stock (or pre-funded warrants to purchase shares of common stock in lieu thereof) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants to purchase up to 7,700,264 shares of common stock. The combined effective offering price for each share of common stock (or pre-funded warrant in lieu thereof) and accompanying warrant is $0.74, priced at-the-market under Nasdaq rules. The warrants will become exercisable six months from issuance, expire five and a half years from the...
Sacks Parente Golf, Inc. Announces Year End 2023 Financial Results and Provides Corporate Update
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Camarillo, Calif., March 18, 2024 (GLOBE NEWSWIRE) — Sacks Parente Golf, Inc. (NASDAQ:SPGC), (the “Company” or “Sacks Parente”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, reports its financial results for the year ended December 31, 2023 and provides a business update.
FY 2023 HighlightsRaised $11.6 million in net proceeds from completed IPO in August 2023
Recognized sequentially higher revenue over last three quarters of 2023
Made significant investment in equipment and facility improvements for manufacturing and distribution facility in St. Joseph, Mo.
Launched Newton Motion product line of ready-to-play replacement driver shafts in November 2023, which is expected to generate in excess of 60% of Company revenue...
Pan American Energy Collaborates With The Saskatchewan Research Council For Preliminary Metallurgical Testing To Produce Petalite Concentrates
Written by Customer Service on . Posted in Public Companies.
The Company will provide a composite lithium bearing pegmatite sample from the Big Mack Lithium Project for preliminary metallurgical testing and conceptual process development
CALGARY, Alberta, March 18, 2024 (GLOBE NEWSWIRE) — Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) (“Pan American” or the “Company“) is pleased to announce it has contracted with the Saskatchewan Research Council (“SRC“) for comprehensive metallurgical testing and conceptual process development for bulk sample production in respect of the Big Mack Lithium Project (“Big Mack”), located approximately 80 km north of the town of Kenora, Ontario.
The Company will provide lithium bearing core samples from the Phase One and Phase Two drilling programs recently completed at Big Mack to the SRC for the purposes of the...
Vislink to Report Full Year and Fourth Quarter 2023 Financial Results on Monday, April 1, 2024, at 8:30 a.m. ET
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Mt. Olive, NJ, March 18, 2024 (GLOBE NEWSWIRE) — March 18, 2024 – Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the media and entertainment, law enforcement, and defense markets, will hold a conference call on Monday, April 1, 2024, at 8:30 a.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. Financial results will be issued in a press release prior to the call.
Vislink management will host the presentation, followed by a question-and-answer period.
Interested parties may submit questions to the Company in advance of the call at VISL@gateway-grp.com by 8:00 p.m. Eastern Time on Thursday, March 28, 2024. Questions will be addressed...
RevoluGROUP and eSignus: Bridging the Digital Asset Divide Through Revolutionary Integration of Digital and Fiat Payment Fabrics
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VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92) (the “Company”) is thrilled to announce its strategic alliance with eSignus, a leading developer of blockchain-based solutions and digital asset custody solutions. This landmark partnership is set to redefine the global payment landscape, merging traditional payment infrastructures with cutting-edge custody solutions for the estimated USD $1.42 trillion digital asset market. Together, we aim to revolutionize financial transactions and pave the way for innovative advancements in the industry.
This partnership’s heart is integrating with the eSignus platform to provide unprecedented flexibility in payment and fund transfers. This integration facilitates seamless on-ramp/off-ramp for digital...
LifeVantage Wraps Up Momentum Academy 2024 with a Focus on Entrepreneurship and Growth
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US Consultants converge in Nashville for a dynamic summit propelling the Company’s ‘Rise Era’ forward
SALT LAKE CITY, March 18, 2024 (GLOBE NEWSWIRE) — LifeVantage Corporation (Nasdaq:LFVN), a leading health and wellness company with products designed to activate optimal health at the cellular level, proudly celebrated Consultant success at Momentum Academy 2024 from March 14-16 at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. The event was a significant milestone in the Company’s commitment to growth, embodying the ‘Rise Up’ theme and showcasing the U.S. launch of a revamped TrueScience® Activated Skincare Collection as well as the introduction of TrueScience® TrueProtect Daily Mineral Sunstick, a broad-spectrum, mineral-based, sheer sunscreen.
LifeVantage President and CEO,...
Exagen Inc. Reports Strong Fourth Quarter and Full-Year 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
CARLSBAD, Calif., March 18, 2024 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing solutions, today reported financial results for the fourth quarter and full year ended December 31, 2023.
Financial Highlights:Record total revenue of $52.5 million for the full-year 2023, and total revenue of $13.8 million for the fourth quarter of 2023.
Record 137,650 AVISE® CTD tests performed for the full-year 2023, including 30,438 tests for the fourth quarter of 2023. Over 900,000 AVISE® CTD tests performed to date since launch.
AVISE® CTD trailing twelve-month average selling price (ASP) of $336, an increase of $51 over the course of the year.
Delivered 56% gross margin for full-year 2023 and 59% for the fourth quarter of 2023.
Net loss of $23.7 million for the full-year 2023 and $5.6 million for the...
Nano Labs Announces Second Half of 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
HANGZHOU, China, March 18, 2024 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, today announced its unaudited financial results as of December 31, 2023 and for the six months ended December 31, 2023
Second Half of 2023 Financial HighlightsNet revenue was RMB26.1 million (US$3.7 million) for the second half of 2023, compared to RMB603.0 million in the same period of 2022.
Gross loss was RMB40.6 million (US$5.7 million) for the second half of 2023, compared to a gross profit of RMB53.8 million in the same period of 2022.
Loss from operations was RMB124 million (US$17.6 million) for the second half of 2023, compared to a loss from operations of RMB86.9 million in the same period of 2022.
Net loss was RMB120.0...
KUSTOM ENTERTAINMENT LAUNCHES KUSTOM TICKETS PLATFORM
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Expanding entertainment company is redefining online ticketing with innovative design and transparent pricing
KANSAS CITY, March 18, 2024 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”), proudly unveils Kustom Tickets, an advanced online ticketing platform designed to offer users a seamless and enjoyable ticket-buying experience. The newly launched platform, KustomTickets.com, sets itself apart with a user-friendly interface, visually stunning graphic design, an innovative and high-performance backend, and a commitment to transparency in pricing.
What distinguishes Kustom Tickets is its commitment to transparent pricing along with its intuitive interface...