Day: April 8, 2024

Investment commitment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$7.5m investment milestones previously met as part of US$10 million commitment Tembo has now met milestones to qualify for the final follow-on investment of US$2.5 million, for an aggregate total investment of US$10 million LONDON, April 08, 2024 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to announce that its subsidiary Tembo e-LV B.V. (“Tembo”) has now met all the milestones to obtain the final follow-on strategic direct equity investment into Tembo, at a pre-money valuation of US$120 million. This is pursuant to a commitment received in June 2023 from a UAE based private investment office backed by a member of the ruling Al Maktoum family of Dubai....

SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, proudly announces a significant expansion in the application of its proprietary and patented SafeCASE technology. In a landmark development, KULR has received an initial award to supply SafeCASES to a leading electric vertical take-off and landing (“eVTOL”) company. This partnership underscores the versatility and efficacy of SafeCASE in ensuring the safe handling and transport of batteries across sophisticated production facilities. The contract with this eVTOL manufacturer not only signifies a pivotal shift towards innovative applications of SafeCASE, but also marks KULR’s organic growth trajectory through the burgeoning...

HOUSTON, April 08, 2024 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or “the Company”) expects to issue its first quarter 2024 earnings results after the market closes on Wednesday, May 1, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results. Skyward Specialty will host its earnings call to review first quarter 2024 financial results on Thursday, May 2, at 9 a.m. CST. Investors may access the live audio webcast via the link on the Company’s investor site at investors.skywardinsurance.com/ under Events & Presentations. Additionally, investors can access the earnings call via conference call by registering via the conference link. Users will receive dial-in information and a unique PIN to join...

MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 first quarter results will take place on Wednesday, May 15, 2024, at 9 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time         Wednesday, May 15, 2024, at 9 a.m. ET To attend the conference         Webcast link: https://edge.media-server.com/mmc/p/aoxwzkcg To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone. Media...

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 8 APRIL  2024 AT 3:30 PM (EEST) CARGOTEC CORPORATION: NOTICE TO ANNUAL GENERAL MEETING 2024 Notice is given to the shareholders of Cargotec Corporation to the Annual General Meeting to be held on Thursday 30 May 2024 at 1:00 p.m. (EET) at Little-Finlandia, Karamzininranta 4, 00100 Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 12:00 noon (EET). Shareholders may also exercise their shareholder rights by voting in advance. Instructions for advance voting are provided in section C of this notice. Shareholders may also submit questions, as referred to in Chapter 5, Section 25 of the Finnish Limited Liability Companies Act, with respect to matters to be considered at the meeting in writing before the General...

MIAMI, April 08, 2024 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN), a clinical stage biotechnology company developing regenerative medicines, today announced that the Company’s CEO, Wa’el Hashad, issued the following letter to Longeveron shareholders. Dear Shareholders, I am delighted to mark my first anniversary as CEO of Longeveron this month. It has been an extraordinary journey thus far, and I am immensely grateful for the opportunity to lead such a pioneering organization dedicated to transforming healthcare through innovations in regenerative medicine. Upon joining Longeveron, I set out with a clear objective: to develop a strategic roadmap building on the strength of our science while acknowledging the realities of the capital market environment. Longeveron’s foundation in cutting-edge cellular therapy research,...

SARASOTA, Fla., April 08, 2024 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) announced that John F. Murphy has joined the Company’s Board of Directors. Mr. Murphy most recently served as Executive Vice President and Chief Financial Officer of Adobe Inc. Prior to becoming CFO, he served as Adobe’s Senior Vice President, Chief Accounting Officer, and Controller. Before joining Adobe, Mr. Murphy served in executive roles with Qualcomm and DIRECTV. Mr. Murphy currently serves on two other public company boards. “We are very excited to welcome John to our Board,” said Neil Hunn, Roper Technologies’ President and CEO. “Our entire Board and management team look forward to working closely with John and leveraging his extensive software, technology, and financial expertise.” “John is a fantastic addition to our Board,” said...

Cost saving initiatives aimed at reducing operating and investing cash flows by approximately $170 million over the next 12 months when compared to operating and investing cash flows reported for the 12 months ended Sept. 30, 2023. “Momentum is increasing and we have transactions with fleets of varying sizes and vocations,” said Brad Sigmon, Vice President of Randy Marion Automotive Fleet Operations. “Building on March transactions, our April goal is to move 100 units of Mullen Commercial EVs.” BREA, Calif., April 08, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the Company has initiated significant cost reduction and consolidation measures, aligning budget to current conditions. Actions are expected...

Vancouver, B.C., April 08, 2024 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this operational update for the SASB gas field. Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024. As mentioned previously a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of the artificial gas lift (AL). Shifting the start of the SASB revitalization project from the end of the 1st Qtr. to the beginning of the 2nd Qtr. was the result of “the only solution is the correct solution”. Previously, the SASB AL program consisted of PCP pumps, ESP pumps and velocity strings....

FREMONT, Calif., April 08, 2024 (GLOBE NEWSWIRE) — AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it expects to report revenue in the range of $22.4 to $22.7 million for the first quarter ended March 31, 2024, exceeding the company’s prior guidance for the first quarter of 2024 of $20 million to $22 million. This reflects growth in demand for both indium phosphide and gallium arsenide substrates for a variety of applications, including artificial intelligence/data center connectivity, infrastructure, wireless devices, industrial lasers, and others. The company will announce its financial results for the first quarter of 2024 in a press release immediately following the close of market on May 2, 2024. It will also host a conference call to discuss these results on May...