Day: April 17, 2024

BETHESDA, Md., April 17, 2024 (GLOBE NEWSWIRE) — iLearningEngines, Inc. (“iLearningEngines”, “iLE”, or “the Company”, NASDAQ: AILE), a leader in AI-powered learning automation and information intelligence for corporate and educational use, is pleased to announce that the Company has entered into a Loan and Security Agreement with East West Bank (the “Lender”). This facility brings the total gross funds raised in connection with the business combination with Arrowroot Acquisition Corp. (the “Business Combination”) to approximately $92.8 million. Following the successful completion of the Business Combination, the Company’s wholly owned subsidiary, iLearningEngines Holdings, Inc. (“iLE Holdings”), entered into a Loan and Security Agreement with the Lender pursuant to which the Lender provided iLE Holdings with a new senior secured...

ZIBO, China, April 17, 2024 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the front page of Guizhou Daily prominently featured a special report on Sunrise, titled ” Intellectual Property Drives Substantial Enterprise Value – The Journey of a New Energy Enterprise.” Guizhou Daily, the most influential comprehensive media outlet in the province, highlighted Sunrise’s advanced research and substantial economic value. The article highlighted Sunrise’s remarkable achievements as a technology-driven enterprise specializing in the research, production, and sales of lithium-ion battery anode materials. With a research team of over 60 members across 8 laboratories, Sunrise continuously tackles cutting-edge industry demands, successfully...

Hong Kong, April 17, 2024 (GLOBE NEWSWIRE) — Junee Limited (the “Company” or “Junee”), a provider of interior design, fit-out and maintenance services in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 17, 2024 under the ticker symbol “JUNE”. The Company expects to receive aggregate gross proceeds of $8 million from the Offering, before deducting underwriting discounts and other related expenses. The Offering is expected to close on or about April 19, 2024, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 45-day option to purchase up to an...

Empowering Seamless Logistics for Solave’s Global Reach HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, announces its appointment as Solave’s logistics solutions provider for cross-border operations. Solave, recognized for its leadership in the Blue Agave market with achievements such as becoming a global leader in Agave Syrup production, a frontrunner in cultivating Blue Agave plants in Mexico, and a reputable Tequila producer for notable brands, aims to benefit from optimized logistics and supply chain efficiency through Fr8App’s platform. “We are thrilled to take on...

VERO BEACH, FL, April 17, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Mitesco, Inc. (OTC:MITI, “the Company,” www.mitescoinc.com ) today announced it has scheduled an investor call with its Board of Directors for April 30, 2024 at 10:30 am Eastern time. The call-in number to participate in the call is Dial-in number: (978) 990-5000, Access code: 418650 (Press the # sign after entering your access code). We will answer questions sent by email first, then open the call to new questions depending on the available time. To submit investor questions in advance, please send an email to investors@mitescoinc.com. Mack Leath, Chairman of the Board of Directors, provided the following update today: “The year-end results are now complete, and while it was clearly a year focused on winding down the Company’s healthcare subsidiary, “The Good...

Boston (April 17, 2024)—Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced that it had been granted an extension until May 14, 2024, to regain compliance with Nasdaq Listing Rule 5550(b)(1). On February 1, 2024, Allarity Therapeutics presented a strategic plan to the Nasdaq Hearings Panel, detailing both immediate and long-term strategies aimed at regaining compliance with the requirements outlined in Nasdaq Listing Rules 5550(a)(2) and 5550(b). This comprehensive plan encompassed a series of decisive steps, including a thorough review and reduction of operating costs and pursuing additional capital through various strategic financing options. The plan was crafted to not only meet Nasdaq’s immediate compliance...

YOKNEAM ILLIT, ISRAEL, April 17, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, is proud to announce a significant breakthrough in digital interaction with the latest updates to the Mudra Band. At the heart of these updates is the introduction of a new AI gesture mouse for Mac computers, a feature set to redefine user interaction within the Apple ecosystem. The AI gesture mouse feature introduces an innovative way for users to interact with their Mac computers, transcending traditional input methods. Leveraging advanced AI and machine learning, Mudra Band now allows Mac users to experience natural, effortless scrolling and navigation through a simple “reverse-pinch”...