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Month: April 2024

Changes in PRFoods group audit comittee and management

PRFoods AS supervisory board approved its new audit committee members. PRFoods AS audit committee shall have three members – supervisory board member Aavo Kokk (chairman), Margus Olesk ja Markus Mustakallio. Indrek Kasela’s resignation from the PRFoods group management has also been finalised. PRFoods AS management continues with two members – Kristjan Kotkas and Timo Pärn. Saaremere Kala AS sole management board member shall be Timo Pärn, who also continues as the sole management board member of Saare Kala Tootmine OÜ. Kristjan Kotkas AS PRFoodsMember of the Management BoardPhone: +372 452 1470investor@prfoods.eewww.prfoods.ee

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Progyny and Fertility Matters Canada Recognize Canadian Fertility Awareness Week to Advocate for Expanded Access to Family Building Care

The organizations will host an event with Canada’s leading providers, employers, and fertility advocates to show support for the millions in need of family building care NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a transformative fertility, family building, and women’s health benefits solution, and Fertility Matters Canada, a national fertility patient-focused organization, today announced both organizations will be co-hosting an event to garner support for increased access to family building care. The event will overlook the CN Tower, which will be lit green, Canada’s official colour to represent fertility awareness and support, alongside nearly 50 additional Canadian landmarks, on Thursday, April 25, 2024, in honour of Canadian Fertility Awareness Week 2024. Seventeen years ago, Canadian Fertility...

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iLearningEngines, Inc. Announces Additional Funding in Connection With Its Business Combination; Brings Gross Proceeds to Approximately $92.8 Million

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...

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Guizhou Daily Spotlights Sunrise: Intellectual Property Drives Substantial Enterprise Value

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...

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Junee Limited Announces Pricing of $8 Million Initial Public Offering

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...

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Fr8App Selected by Grupo Solave for Cross-Border Logistics Services

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...

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Mitesco Announces Investor Call, Begins New Data Center and Infrastructure Initiative

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...

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Allarity Therapeutics Receives NASDAQ-Approved Extension to Regain Compliance with Nasdaq Listing Rule 5550(b)(1)

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...

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Mudra Band Upgrades Mac Computers’ User Experience with AI Gesture Mouse Allowing Natural Effortless Navigation

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”...

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Hanover Bancorp, Inc. Reports Earnings for the First Quarter with Increased Net Income and Net Interest Income and Strong Non-interest Income

First Quarter Performance HighlightsNet Income: Net income for the quarter ended March 31, 2024 totaled $4.1 million or $0.55 per diluted share (including Series A preferred shares), versus $3.8 million or $0.51 per diluted share (including Series A preferred shares) in the prior linked quarter and $3.2 million or $0.43 per diluted share (including Series A preferred shares) in the comparable 2023 quarter. Our first quarter results reflect linked quarter and year over year increases in diluted earnings per share (“EPS”) of 7.8% and 27.9%, respectively. Net Interest Income: Net interest income was $12.9 million for the quarter ended March 31, 2024, an increase of $0.3 million, or 2.2% from the prior linked quarter as new loan growth at current, higher market rates continue to mitigate increased funding costs. Net Interest Margin: The...

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