Beam Global Reports Record Year End 2023 Operating Results

Written by Customer Service on April 16, 2024. Posted in Earnings Releases And Operating Results.

Conference Call Wednesday April 17, 2024 at 4:30 p.m. ET SAN DIEGO, April 16, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced operating results for the year ended December 31, 2023. 2023 and Recent Company Highlights Record full year revenues of $67.4 million, 206% year over year increase Record Q4 revenues of $20.0 million, 154% year over year increase and highest quarterly revenue in the company’s history Record full year EV ARC™ system production, 194% year over year increase Positive full-year gross profit – an improvement of 9% as a percentage of revenue over 2022 Debt free and $100 million line of credit available and unused Current pipeline...

James River Completes Sale of Casualty Reinsurance Business to Fleming Holdings

Written by Customer Service on April 16, 2024. Posted in Mergers And Acquisitions.

PEMBROKE, Bermuda, April 16, 2024 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Fleming Intermediate Holdings (“Fleming”) has completed its acquisition of JRG Reinsurance Company, Ltd. (“JRG Re”) at the previously agreed upon terms. Frank D’Orazio, the Company’s Chief Executive Officer, commented, “We are pleased to have successfully completed our sale of JRG Re to Fleming in accordance with the Stock Purchase Agreement that the parties negotiated together and executed on November 8, 2023. James River will continue to focus its resources on its core U.S. insurance businesses where we have meaningful scale, including our E&S and fronting businesses.” About James River Group Holdings, Ltd. James River Group Holdings, Ltd. is a Bermuda-based insurance...

Nurix Therapeutics Announces Closing of Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on April 16, 2024. Posted in Public Companies.

SAN FRANCISCO, April 16, 2024 (GLOBE NEWSWIRE) — Nurix Therapeutics, Inc. (Nasdaq: NRIX) today announced the closing of its underwritten public offering of 11,916,667 shares of its common stock at a public offering price of $15.00 per share, which includes 1,750,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock. In addition, and in lieu of common stock, Nurix sold to certain investors pre-funded warrants to purchase 1,500,100 shares of common stock at a purchase price of $14.999 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each such pre-funded warrant. The net proceeds from the offering, after deducting underwriting discounts and commissions and other offering...

Mobivity Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on April 16, 2024. Posted in Earnings Releases And Operating Results.

PHOENIX, April 16, 2024 (GLOBE NEWSWIRE) — Mobivity Holdings Corp. (OTCQB: MFON), a provider of technology connecting mobile gaming audiences to real-world brands and products, today announced financial results for the fourth quarter (“Q4”) and full year ending December 31, 2023. Q4 2023 Financial Highlights Revenues of $1.6 million compared to $1.7 million in Q4 2022 Cash and cash equivalents totaled $0.4 million on December 31, 2023 Adjusted EBITDA, excluding certain non-cash expenses improved to ($1.2) million compared to ($1.7) million in Q4 2022 Recent Business Highlights Ramped active Connected Rewards campaigns more than 2x since Q3 2023 and launched 3 new product offerings with improved results Launched user acquisition campaigns in brand-owned apps for premier fuel and convenience brands, innovative and international...

Cingulate to Participate in Planet MicroCap Showcase: Vegas 2024

Written by Customer Service on April 16, 2024. Posted in Public Companies.

KANSAS CITY, Kan., April 16, 2024 (GLOBE NEWSWIRE) — Cingulate Inc. (NASDAQ: CING), a biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, today announced that it will present at the Planet MicroCap Showcase: VEGAS 2024 conference on Wednesday, May 1, 2024, at 2:30 PM PST. Management will also host individual investor meetings on Thursday, May 2. Meetings will be conducted in person at the Paris Hotel & Casino in Las Vegas, Nev. Investors may register online at Planetmicrocapshowcase.com/signup and request a meeting time with the Company. Following the conference a webcast of the presentation will be made available on the Cingulate website at Cingulate.com/investors. Who:...

Global Helium Corp. Confirms Second Helium Discovery on Manyberries Helium Trend

Written by Customer Service on April 16, 2024. Posted in Public Companies.

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Global Helium Corp. (“HECO” or the “Company”) (CSE: HECO, OTC: HECOF) is pleased to provide an operational update on the Company’s exploratory well at 10-08-012-04W4/00 (“10-08”) situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta. Following remediation and stimulation to address wellbore damage incurred during the initial drilling, the 10-08 well was production tested at approximately 4.1 million cubic feet per day at 3,500 kilopascal flowing tubing pressure from the Beaverhill Lake formation during a four-day extended test. Multiple gas samples were analyzed from the well and confirmed helium concentrations from the Beaverhill Lake zone of 0.6% – 0.68%. “We...

Symbotic to Stream Investor Day Webcast on May 9, 2024

Written by Customer Service on April 16, 2024. Posted in Public Companies.

WILMINGTON, Mass., April 16, 2024 (GLOBE NEWSWIRE) — Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will host an Investor Day with financial analysts and institutional investors on May 9, 2024. Executive leaders from Symbotic will present an updated view of the company’s long-term strategy, followed by Q&A. The event will be live streamed starting at 3:00 PM ET on May 9, 2024. Registration is required. To participate in the Investor Day webcast, register at https://www.symbotic.com/investor-day-2024-webcast/. A replay of the webcast will be made available following the conclusion of the event. Please direct any questions regarding obtaining access to the webcast to Symbotic Investor Relations at ir@symbotic.com. ABOUT SYMBOTIC Symbotic is an automation technology...

Dorman Products, Inc. Announces Date to Report First Quarter 2024 Financial Results

Written by Customer Service on April 16, 2024. Posted in Public Companies.

COLMAR, Pa., April 16, 2024 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ: DORM) today announced the Company will report its financial results for the first quarter ended March 30, 2024 before the opening of the Nasdaq Stock Market on May 7, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its first quarter 2024 financial results on May 7, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials can be accessed on the Company’s website at investors.dormanproducts.com under the subheading “Events.” A replay of the webcast will be available on the Investor...

Hubbell to Announce First Quarter 2024 Results on April 30, 2024

Written by Customer Service on April 16, 2024. Posted in Public Companies.

Shelton, CT, April 16, 2024 (GLOBE NEWSWIRE) — Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2024 financial results prior to the opening of the market on April 30, 2024. The Company will then webcast its Analysts’ Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell’s corporate website under the Press Release section. You can also access this information by going to www.hubbell.com and selecting “Investors” from the options at the bottom of the page and then “Press Releases” from the drop-down menu. The live audio of the conference call and accompanying materials will also be available and can be accessed by visiting Hubbell’s Events and Presentations section. You...

Planet Green Appoints Dr. Sandy M. Archibald as New Director and Grant Options

Written by Customer Service on April 16, 2024. Posted in Public Companies.

Vancouver, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) — Planet Green Metals Inc. (CSE: PGR) (“Planet Green” or the “Company”) is pleased to announce the appointment of Dr. Sandy M. Archibald, P.Geo., as a director of the Company. Jeremy S. Brett, President and Chief Executive Officer, commented “We are very pleased to welcome Dr. Archibald to our Board. His extensive experience in mineral exploration, economic geology and his wide-reaching industry contacts will be a tremendous help to us for the evaluation and de-risking of projects that we acquire. He will help us grow the property assets of Planet Green. I have worked with Sandy and know the valuable knowledge he will bring to the Company.” About Dr. Sandy Archibald: Dr. Archibald has over 25 years of experience in the mineral exploration industry and has participated...

Day: April 16, 2024

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