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Month: April 2024

American Rebel Receives License to Distribute American Rebel Beer in the State of Tennessee

Nashville, TN, April 30, 2024 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), a designer, manufacturer, and marketer of American Rebel Beer (www.americanrebelbeer.com) and branded safes, personal security and self-defense products and apparel, is proud to announce their receipt of a license to distribute beer within the state of Tennessee through its distribution agreement with Best Brands, Inc. (www.bestbrandsinc.com). “Receiving our license to distribute American Rebel Beer throughout the state of Tennessee clears the last hurdle to start selling beer in Tennessee,” said Andy Ross, Chief Executive Officer of American Rebel. “We are very excited to have our distribution agreement with Best Brands and we already have commitments from some legendary bars...

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Decisions adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid

AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. The following decisions were adopted in the Extraordinary General Meeting of Shareholders of AB Amber Grid on 30 April 2024: 1. Regarding Annual Report of AB Amber Grid for 2023 The annual report of AB Amber Grid on the activities of the company for 2023 is taken into account (attached). 2. Regarding independent auditor’s conclusion on AB Amber Grid financial statements and annual report for 2023 Independent auditor’s report on AB Amber Grid 2023 set of financial statements and annual report is taken into account (attached). 3. Regarding the approval of the set of financial statements of AB Amber Grid for 2023 The financial statements of AB Amber Grid of 2023 is approved (attached). 4. Regarding the approval of the distribution of...

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Janover Launches New Insurtech Subsidiary, Janover Insurance Group; Expected to Revolutionize the Commercial Insurance Landscape

Licensed in Florida and Texas Boca Raton, FL, April 30, 2024 (GLOBE NEWSWIRE) — Janover Inc. (Nasdaq:  JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today announced that it has officially launched Janover Insurance Group Inc. (“Janover Insurance”), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. “Our ability to navigate large complex transactions in a marketplace model, particularly in multifamily and commercial property finance, fits perfectly in the insurance brokerage model,” said Blake Janover, Chairman, and CEO of Janover Inc. “By offering both multifamily and commercial property insurance services,...

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Oceanpal Inc. Announces Time Charter Contract for M/V Baltimore With Richland Bulk and the Sale of M/V Baltimore

ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Richland Bulk Pte. Ltd., for its Capesize dry bulk vessel, the m/v Baltimore. The gross charter rate is US$22,000 per day minus a 5% commission paid to third parties, for a period until minimum September 15, 2024 up to maximum November 15, 2024. The charter is expected to commence in mid-May. The m/v Baltimore is currently chartered to Richland Bulk Pte. Ltd., at a gross charter rate of US$13,500 per day, minus a 5% commission paid to third parties. The “Baltimore” is a 177,243 dwt Capesize dry bulk vessel built in 2005. The employment of “Baltimore” is anticipated...

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LNG Energy Group Reports Financial and Operating Results for the Year Ended December 31, 2023

Key Highlights:During 2023, LNG Energy Group completed the acquisition of Lewis Energy Colombia. Acquired assets provide significant operated natural gas and condensate production, and additional undeveloped exploration and development acreage.Locked-in weighted average natural gas sales price of $7.50/Mcf for the Corporation’s firm take-or-pay contract volumes of 18.1 MMcf/d in Colombia.Increased before-tax NPV10 for Proved plus Probable (2P) reserves of Colombian assets by 26% to $306 million or C$2.67 per share.4th Quarter operating netbacks of $4.44/Mcf natural gas and $64.75/bbl condensate ($27.36/boe).Repayment of $8.9 million in senior bank indebtedness to date.Conditionally awarded two Productive Participation Contracts (“CPPs”) to develop and produce hydrocarbons in Venezuela.TORONTO, April 30, 2024 (GLOBE NEWSWIRE)...

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Reed’s Schedules First Quarter 2024 Conference Call for May 14 at 5:00 p.m. ET

NORWALK, Conn., April 30, 2024 (GLOBE NEWSWIRE) — Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended March 31, 2024. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by a question-and-answer period. Date: Tuesday, May 14, 2024Time: 5:00 p.m. Eastern timeToll-free dial-in number: (888) 886-7786International dial-in number: (416) 764-8658Conference ID: 71895807Webcast: Reed’s Q1 2024 Conference Call Please dial into the conference call 5-10 minutes prior to the start time. An operator will register your name and organization....

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Asia Pacific Wire & Cable Corporation Limited Announces Full Year 2023 Financial Results and Filing of Annual Report on Form 20-F for 2023

TAIPEI, Taiwan, April 30, 2024 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that on April 29, 2024, it filed its annual report on Form 20-F (the “Form 20-F”) for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission and reported its financial results for the twelve months ended December 31, 2023. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported.Full Year 2023 Financial Results (Ended December 31, 2023) and 2022 comparative results:   Full Year 2023 Full...

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VCI Global Announces 145% Revenue Growth for Fiscal Year 2023 Financial Results

KUALA LUMPUR, Malaysia, April 30, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), a diversified holding company focusing on consulting and technology, is proud to announce its audited financial results for the financial year ended December 31, 2023 (the “Financial Results”).VCI Global delivered a record high total revenue of $19.8 million for fiscal year 2023, representing a 145% YoY growth. Gross profit achieved significant growth of 159% YoY, reaching $16.4 million in fiscal year 2023. Net income reached $7.2 million in fiscal year 2023, achieved remarkable growth of 57%. VCI Global executed several major achievements that have led to a surge in revenue by expanding VCIG’s capital market consultancy and technology ventures. VCIG’s business strategy consultancy revenue surged...

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Lumine Group Completes the Purchase of Casa Systems’ Axyom Cloud Native 5G Core Software & RAN Assets

TORONTO, April 30, 2024 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that it has completed the acquisition of the Axyom Cloud Native 5G Core Software & RAN Assets (“Assets”) from Casa Systems (Nasdaq: CASA). This marks Lumine Group’s 14th corporate carve-out that it has completed and set up in the communications and media space. The Assets will operate as an independent, autonomous business unit within Lumine Group under the brand name “Axyom.Core”. The acquisition was first announced on April 3, 2024. Forward Looking StatementsCertain statements herein may be “forward looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual...

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Middlefield Banc Corp. Reports 2024 First Quarter Financial Results

MIDDLEFIELD, Ohio, April 30, 2024 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three months ended March 31, 2024. 2024 First Quarter Financial Highlights (on a year-over-year basis unless noted):Net income was $4.2 million, compared to $4.9 million for the quarter ended March 31, 2023, and $3.5 million for the quarter ended December 31, 2023 Earnings were $0.51 per diluted share, compared to $0.60 per diluted share for the quarter ended March 31, 2023, and $0.44 per diluted share for the quarter ended December 31, 2023 Net interest income after the provision for credit losses was $15.1 million, compared to $16.0 million Noninterest income increased 6.9% to $1.8 million Total loans increased 7.8% to a record $1.49 billion Total deposits were $1.45 billion, compared to $1.43...

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