Day: April 18, 2024

ATHENS, Greece, April 18, 2024 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bohai Shipping (HEBEI) Co., Ltd, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross charter rate is US$27,150 per day, minus a 5% commission paid to third parties, for a period until minimum November 1, 2025 up to maximum December 31, 2025. The charter is expected to commence on May 12, 2024. The “P. S. Palios” is a 179,134 dwt Capesize dry bulk vessel built in 2013. The employment of “P. S. Palios” is anticipated to generate approximately US$14.39 million of gross revenue for the minimum scheduled...

FREMONT, CA, April 18, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — ABVC BioPharma, Inc. (NASDAQ: ABVC) (“Company”), a clinical-stage biopharmaceutical company developing therapeutic solutions in ophthalmology, CNS (central nervous systems), and Oncology/Hematology, announced today that the Company’s subsidiary AiBtl BioPharma Inc. acquired TT Life Company, an established player in the precision medicine industry. The acquisition includes Malaysian Import Trading Company, Direct Sales Company, and Taiwanese Direct Sales Company, which are estimated to be approximately equivalent to $8.33M. AiBtl purchased 100% shares of TT Life by swapping its 1.66M shares at $5 per share. This strategic move positions AiBtl to expand its portfolio further and accelerate innovation in the rapidly growing precision medicine market...

Summit Networks, Inc. Provides a Corporate Update on OperationsSummit Networks, Inc. (OTCQB: SNTW) (“Company”) announces that its management team held its first post-acquisition meeting on April 16, 2024.VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) — Summit Networks, Inc. (OTCQB: SNTW) (“Company”) announces that its management team held its first post-acquisition meeting on April 16, 2024. Management discussed the Company’s strategic plan and timelines for fully integrating St. Mega Enterprises’ (“Mega”) business operations. Over the next year, Management expects to execute its business plan focusing on sales, marketing strategies, and profitability targets. Mega has more than thirty (30) years of experience in designing, manufacturing, and installing wood...

BEIJING, China, April 18, 2024 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today launched Li L6, a five-seat premium family SUV. Li L6 will offer Pro and Max trims at retail prices of RMB249,800 and RMB279,800, respectively, and will commence deliveries in April 2024. Below is an overview of Li L6. For more details about Li L6, please visit Li Auto’s official website.Li L6 is a premium large SUV that offers spacious interior and excellent configurations, with a length of 4,925 millimeters, width of 1,960 millimeters, height of 1,735 millimeters, and wheelbase of 2,920 millimeters. Its standard first-row seats come with a rich array of features, including ventilation, heating, and seat massage with ten acupressure points. The driver enjoys...

MILFORD, Del., April 18, 2024 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services, today announced a ribbon-cutting ceremony for its MammogramNow™ initiative in Milford, Delaware, which opened in December of 2023. The event will be held on Saturday, April 20, at the Walmart Supercenter in Milford, Delaware. As a tenant in the Milford Walmart Supercenter (NYSE:WMT), MammogramNow delivers essential breast screening services, provided by a team of board-certified radiologists and highly-trained technologists from RadNet’s Delaware Imaging Network. This facility promotes breast health in Milford and offers walk-in screening mammograms in a convenient and accessible setting. Screening can be completed in just 15 minutes. Where: Walmart...

FORT WORTH, TX, April 18, 2024 (GLOBE NEWSWIRE) — Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical, chronic wound and skincare markets, announced today that it has entered into a $55.0 million non-dilutive term loan agreement with CRG Servicing LLC, an affiliate of CRG LP (“CRG”), a healthcare focused investment fund, to support the Company’s growth initiatives in 2024 and 2025. Sanara received $15.0 million in gross proceeds at closing and can draw up to $40.0 million in additional funds, at its option, in two tranches before June 30, 2025. The Company used approximately...

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. Leiden, the Netherlands, 18th April, 2024: Pharming Group N.V. (“Pharming” or the “Company“) (Euronext Amsterdam: PHARM) announces today the placement of €100 million of senior unsecured convertible bonds due 2029 (the “New Bonds”) convertible into new and/or existing ordinary shares in the capital of the Company (the “Shares“). The offer was fully subscribed. The New Bonds were offered via an accelerated book building process through a private placement only to institutional investors outside the United States of America, Australia, Canada, Japan and South Africa. The New Bonds will have a principal amount of...

News Atos renews its AWS Managed Service Provider (MSP) designation Paris, France – April 18, 2024 – Atos today announced renewal of its membership in the robust Amazon Web Services (AWS) Managed Service Provider (MSP) Partner Program. The AWS MSP Partner Program recognizes and validates leading APN Consulting Partners highly skilled at providing full lifecycle solutions to customers. Next-generation AWS MSPs can help enterprises invent tomorrow, solve business problems, and support initiatives by driving key outcomes. AWS MSPs provide the expertise, guidance, and services to help clients through each stage of the Cloud Adoption Journey: Plan & Design > Build & Migrate > Run & Operate > Optimize. The AWS MSP Program validation process consists of a rigorous multi-day onsite audit performed by an independent, third-party...

SUNNYVALE, Calif., April 18, 2024 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal fourth quarter and year end 2024 ended March 31, 2024 after the market close on Thursday, May 2, 2024. Management will also conduct a conference call to review the Company’s fourth quarter and year end financial results and its current outlook for the first quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate in the call, please dial 1-800-717-1738 in the U.S. or 1-646-307-1865 for international approximately...

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has further extended the Expiration Time in its previously-announced Exchange Offer and Consent Solicitation (the “Exchange Offer and Consent Solicitation”), in which the Issuer offered to exchange any and all of the Issuer’s outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the “Old Notes”) for new 8.750% Senior Secured First-Lien Notes due 2029 (“New Notes”), to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated February 27, 2024 (the “Offering Memorandum”). Capitalized terms used but not defined in this press release...