Day: March 20, 2024

VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to announce that it has closed the previously announced private placement offering (the “Offering”), pursuant to which it has issued 5,500,000 units (the “Units”) at a price of $0.11 per Unit, for gross proceeds of $605,000 – an increase of $55,000 from the $550,000 contemplated in the news release dated February 20, 2024. Each Unit consists of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of C$0.20 per Common Share for 36 months after the date of issuance (the “Closing Date”). If after four months plus...

ZIBO, China, March 19, 2024 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a letter (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on March 14, 2024, notifying the Company that it no longer meets the minimum bid price requirement set forth in the Nasdaq Listing Rules. The Notification Letter has no immediate impact on the listing or trading of the Company’s shares on Nasdaq. The Notification Letter does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements, or contractual obligations. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A)...

NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) — Intelligent Group Limited (Nasdaq: INTJ) (the “Company”), a Hong Kong based financial public relations company, today announced the pricing of its initial public offering (the “Offering”) of 1,875,000 ordinary shares (the “Ordinary Shares”), at a price of $4 per Ordinary Share. The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on March 20, 2024 under the symbol “INTJ.” The Offering is expected to close on March 22, 2024, subject to the satisfaction of customary closing conditions. Net proceeds to the Company, after deducting underwriting discounts, non-accountable expense allowance and offering expenses, are expected to be approximately $6.2 million. The Company intends to use the net proceeds for the development and commercialization of its technologies...

Award Recognizes One of Carbon Revolution’s Most Successful Vehicle Platforms GEELONG, Australia, March 19, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, is pleased to announce that the 2024 Chevrolet Corvette E-Ray, optionally equipped with Carbon Revolution’s lightweight carbon fiber wheels, won The Drive’s Best Performance Car of 2023. The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels. “The General Motors Corvette Z06 has been one of Carbon Revolution’s most successful high-volume programs. We expect that, given the recent performance awards for the E-Ray, this program will continue...

NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ or Nasdaq) today announced the pricing of the previously announced secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s common stock at $59.00 per share. Borse Dubai has also granted the underwriters a 30-day option to purchase up to 4,043,478 additional shares of Nasdaq’s common stock. The offering is expected to close on March 22, 2024, subject to customary closing conditions. Nasdaq is not offering any shares in the offering and will not receive any proceeds from the offering. Borse Dubai will receive all of the proceeds from the offering. At the completion of the offering, Borse Dubai is expected to hold approximately 62.4 million shares, representing approximately 10.8% of Nasdaq’s outstanding shares, or approximately 58.3 million shares if...