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Day: March 20, 2024

Stellantis Ventures Invests in Breakthrough, Cost-effective LiDAR Technology for Advanced Driver Assistance Systems

Stellantis Ventures Invests in Breakthrough, Cost-effective LiDAR Technology for Advanced Driver Assistance Systems Innovative on-chip LiDAR developed by SteerLight delivers unparalleled sensing precision and resolution SteerLight’s compact, lower cost LiDAR will help advance adoption of advanced driver assistance systems (ADAS) Technology that helps deliver clean, safe and affordable mobility is a key component of the Stellantis Dare Forward 2030 strategic planAMSTERDAM, March 20, 2024 – Stellantis Ventures, the corporate venture fund of Stellantis N.V., today announced it has invested in SteerLight, the developer of a new generation of high-performance LiDAR (Light Detection and Ranging) sensing technology. Employing silicon photonics technology, which combines a universal semiconductor material with the speed of photos, the SteerLight...

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Cabka 2023 Full Year Investor Presentation

PRESS RELEASE     Amsterdam 20 March 2024. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, published the investor presentation on the preliminary non-audited 2023 full year results.  Cabka CEO Tim Litjens and CFO Frank Roerink will host a webcast with an overview of Cabka’s strategic progress and financial performance in 2023, followed by Q&A at 10.30 CET today. The investor presentation for the webcast is attached to this press release. To participate in the online investor presentation and Q&A at 10.30 CET today please use the following link: https://channel.royalcast.com/cabka/#!/cabka/20240320_1  Cabka N.V. published its preliminary unaudited full year...

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Bureau Veritas accelerates M&A and strengthens its position in the Electrical and Electronics consumer products testing in South and North-East Asia

PRESS RELEASE Neuilly-sur-Seine, France – March 20, 2024 Bureau Veritas accelerates M&A and strengthens its position in the Electrical and Electronics consumer products testing in South and North-East Asia Signature of definitive agreements to acquire two companies in Korea: “ONETECH CORP.” and “KOSTEC Co., Ltd” and of “Hi Physix Laboratory India Pvt. Ltd” in India. Bureau Veritas, a global leader in the Testing, Inspection and Certification (TIC) industry, has signed definitive agreements to acquire three players to diversify its position in testing and certification services for the Electrical and Electronics consumer products segment in South and North-East Asia, for a combined revenue of c.€20 million in 2023. “ONETECH CORP.” and “KOSTEC Co., Ltd”, provide services to a wide portfolio of domestic clients in Korea, including...

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IMCD further expands its food and nutrition footprint in Latin America with the acquisition of Bretano

Photo_IMCD further expands its food and nutrition footprint in Latin America with the acquisition of BretanoTop from left to right: Camilo Reyes, Legal Advisor, Bretano; Floris Lagerwerf, Americas Vice President, Finance and Operations, IMCD; Jose Bernal, Board Member, Bretano; Jorge Eduardo Leon, Board Member, Bretano; Nicolas Kaufmann, Americas President, IMCD Bottom from left to right: Fernando J. Espinosa, Jr., Managing Director, IMCD LATAM North; Jorge León Dub, President of the Board of Directors, BretanoROTTERDAM, The Netherlands (20 March 2024) – IMCD N.V. (“IMCD” or “Company”), a global leading distribution partner, formulator of speciality chemicals and ingredients, today announces that IMCD has signed an agreement to acquire 100% of the shares of Bretano Costa Rica, S.A., Bretano El Salvador, S.A de C.V., Bretano Guatemala,...

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SkiStar AB Half-Year Report September 2023 – February 2024

RECORD-HIGH INTEREST IN SKIING HOLIDAYS IN THE SCANDINAVIAN MOUNTAINS Second QuarterNet sales for the second quarter increased by SEK 181 million, 8 percent, to SEK 2,531 million (2,350). Operating profit increased by SEK 140 million, 15 percent, to SEK 1,072 million (932). Capital gains from exploitation operations were included with SEK 0 million (10). Cash flow from operating activities increased by SEK 368 million to SEK 1,356 million (988). Basic and diluted earnings per share amounted to SEK 10.43 (9.32).First Six MonthsNet sales for the first six months of the year increased by SEK 224 million, 9 percent, to SEK 2,751 million (2,527). Operating profit increased by SEK 126 million, 26 percent, to SEK 607 million (481). Capital gains from exploitation operations were included with SEK 0 million (11). Cash flow from operating...

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Valneva Reports Full Year 2023 Results and Provides Business Updates and Outlook

 Total revenues of €153.7 million, including product sales of €144.6 millionProduct sales surpassed pre-pandemic (2019) sales by 12% and 2022 sales by 26% Excluding COVID-19 vaccine sales, product sales grew by 63% compared to 2022Cash position of €126.1 million at year-end 2023 enhanced by €95 million from sale of Priority Review Voucher (PRV)1   Extended the interest-only period of existing debt financing agreement to January 2026 significantly extending cash runway2 Operational business considered sufficiently funded (excluding debt repayment) until commercial revenues from Lyme program enable sustained profitabilityExcellent progress across R&D pipeline         Approval of single-shot chikungunya vaccine IXCHIQ® in the United States (U.S.)The world’s first and only vaccine to address this significant unmet medical...

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Scorpio Tankers Inc. Announces Agreements to Sell Two MR Product Tankers

MONACO, March 20, 2024 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two 2013 built MR product tankers, STI Larvotto and STI Le Rocher, for $36.15 million per vessel. The Company will make no debt repayments associated with these sales as these vessels are unencumbered. The sales are expected to close within the first half of 2024. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 111 product tankers (39 LR2 tankers, 58 MR tankers and 14 Handymax tankers) with an average age of 8.1 years. The Company has entered into agreements to sell three of its MR tankers within the first half of 2024. Additional information...

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Feutune Light Acquisition Corporation Announces Stockholder Approval for Extending Business Combination Deadline and Merger Agreement Amendment with Thunder Power Holdings Limited

Metuchen, NJ, March 19, 2024 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (NASDAQ: FLFV) (“FLFV”), a blank check company incorporated in Delaware, today announced it held a special meeting of the stockholders (the “Special Meeting”) and obtained the stockholders’ approval for the proposals to extend the time (the “Combination Deadline”) it has to complete an initial business combination. In addition, FLFV agreed with Thunder Power Holdings Limited (“TPH”) to amend Agreement and Plan of Merger (“Merger Agreement”) to confirm that TPH will continue to provide extension payments for the FLFV to extend its Combination Deadline. Special Meeting Results At the Special Meeting, the stockholders of FLFV approved to amend FLFV’s Amended and Restated Certificate of Incorporation (the “Current Charter”) to allow FLFV until March...

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Rogers $1M Season of Canada’s Got Talent: Top Performances from Tonight’s Episode on Citytv

– Rogers is giving this year’s winner $1M, the largest cash prize in Canadian television history – – Catch up on tonight’s episode of Canada’s Got Talent on-demand or stream on Citytv+. New episodes on Tuesdays at 8 p.m. ET/PT on Citytv and Citytv+ – – Next week’s contestant lineup included below – – Interviews available by request – – Download photography from tonight’s episode – TORONTO, March 19, 2024 (GLOBE NEWSWIRE) — Key moments from tonight’s episode of Canada’s Got Talent, include:Kardinal hit the Golden Buzzer for MAT & MYM (Quebec City, QC) who stunned the crowd with a thrilling aerialist routine on roller skates. Singer MATTHEW COOPER’s (Carbonear, NL) performance of “Who Wants To Live Forever” by Queen, brought all four judges to their feet. 4-year-old YUVIN MARASINI (Ajax, ON) – the youngest contestant to...

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Aquestive Therapeutics Announces Pricing of $75 Million Underwritten Public Offering of Common Stock

WARREN, N.J., March 19, 2024 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ: AQST) (“Aquestive” or the “Company”), a pharmaceutical company advancing medicines to bring meaningful improvement to patients’ lives through innovative science and delivery technologies, today announced the pricing of an underwritten public offering of 16,666,667 shares of its common stock at a public offering price of $4.50 per share. The gross proceeds of the offering to Aquestive, before deducting the underwriting discounts and commissions and other offering expenses payable by Aquestive, are expected to be approximately $75.0 million. The Company intends to use the net proceeds received from the offering, together with the Company’s existing cash and cash equivalents, primarily to advance the development and commercialization of its...

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