Month: April 2024

Lifeist Reports Fourth Quarter 2023 Financial Results

Written by Customer Service on April 2, 2024. Posted in Earnings Releases And Operating Results.

Focus on efficiencies and delivering high-quality products drives improvements in gross margins TORONTO, April 01, 2024 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today reported its financial results for the three and 12 months ended November 30, 2023 (“Q4 2023”) compared to the same period last year (“Q4 2022”). All financial figures are in Canadian dollars unless otherwise indicated. Fourth Quarter HighlightsNet revenue from continued operations of $4.7 million in Q4 2023 compared to $6.2 million in Q4 2022. Gross profit before inventory adjustment of $2.0 million in Q4 2023, representing gross margin of 42%, compared...

Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results

Written by Customer Service on April 2, 2024. Posted in Earnings Releases And Operating Results.

Net Loss and Earnings per Diluted Share of $11.4 million and $0.80 Adjusted EBITDA was a $3.5 million loss, a $5.5 million improvement versus fourth quarter of 2022 The Company confirms it expects to be run-rate Adjusted EBITDA positive as early as the fourth quarter of 2024 AUSTIN, TX, April 01, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Interactive Strength Inc. (NASDAQ: TRNR) (the “Company”, or “TRNR”), maker of innovative specialty fitness equipment and provider of virtual personal training services, today announced its financial results for the fourth quarter of 2023. The Company incurred a net loss of $11.4 million for the fourth quarter of 2023, or a loss of $0.80 per diluted share, as compared with a net loss of $18.8 million, or a loss of $27.80 per diluted share for the same period in 2022. Adjusted EBITDA,...

CORRECTION – ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings

Written by Customer Service on April 2, 2024. Posted in Mergers And Acquisitions.

– Led by Steven Acevedo and Art Isagholian, ACE Venture Enterprises, Inc., a minority-owned business, plans to acquire Vireo Health of New York to accelerate entry into the New York market – – Ace plans to retain Goodness Growth with a collaborative advisory agreement to advance the long-term success of both organizations – – Terms include a purchase price of between $3 to $5 million, an investment of $20 million from Ace for development of the Johnstown cultivation and manufacturing campus, and Ace’s assumption of the IIP lease – NEW YORK and MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), please note the contact information has been updated. The corrected release follows: ACE Ventures, LLC (“Ace”), a minority-owned...

Zhibao Technology Inc. Announces Pricing of Initial Public Offering

Written by Customer Service on April 2, 2024. Posted in Public Companies.

Shanghai, April 01, 2024 (GLOBE NEWSWIRE) — Zhibao Technology Inc. (“ZBAO” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, announced today the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares at a price of $4.00 per share to the public for a total of $6,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The Company has granted a 45-day option to the underwriters to purchase up to 225,000 additional Class A ordinary shares solely to cover over-allotments, if any. All of the Class A ordinary shares are being offered by the Company. The Class A ordinary shares have been approved for listing on The Nasdaq Capital...

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024

Written by Customer Service on April 2, 2024. Posted in Public Companies.

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of March 31, 2024. As of March 31, 2024, the Company’s net assets were $1.9 billion, and its net asset value per share was $11.52. As of March 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 661% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 469%. STATEMENT OF ASSETS AND LIABILITIESMARCH 31, 2024 // (UNAUDITED) (in millions)Investments $ 2,658.4 Cash and...

Aura Reports Updated Mineral Reserves and Mineral Resources

Written by Customer Service on April 1, 2024. Posted in Public Companies.

ROAD TOWN, British Virgin Islands, April 01, 2024 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to report updated Mineral Reserves and Mineral Resources (“MRMR”) for its four operating mines: Aranzazu Mine, Apoena Mines (formerly known as EPP), Minosa Mine (also known as San Andres) and Almas Mine, as well as its development projects including Borborema, Matupá as reported in the Annual Information Form for the year ended December 31, 2023 (“2023 AIF”). Readers are encouraged to read the 2023 AIF and Technical Reports (as defined herein), which have been filed on SEDAR+ at www.sedarplus.ca. Consolidated MRMR tables are noted below. Rodrigo Barbosa, President and CEO of Aura commented, “We are excited to announce our latest Mineral Resources and Reserves (MRMR)...

Canoo Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

45% or $184.2 million Annual Adjusted EBITDA Improvement from $(408.6) million in 2022 to $(224.4) million in 2023 40% or $11.9 million Reduction in Capital Expenditures versus already reduced 2023 Second-Half Guidance Secured USPS Agreement to Purchase Right Hand Drive LDV 190s Started Commercial Fleet Customer Deliveries Acquired Advanced Manufacturing Assets at Deep Discounts Reducing Anticipated Capital Expenditures by ~34% Oklahoma City Manufacturing Facility Designated as Foreign Trade Zone (“FTZ”) Opening International Expansion and Delivers up to $70.0 million in Estimated Vehicle Cost Savings and Duty Deferrals in 2024 and 2025 Appointed Former NASA Chief Technology Officer Deborah Diaz and Veteran EV Transportation Leader James Chen to Board of DirectorsJUSTIN, Texas, April 01, 2024 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq:...

Ocugen Announces Positive Data and Safety Monitoring Board Review and Initiation of Enrollment in Medium Dose for OCU410ST—a Modifier Gene Therapy—in GARDian Study for Stargardt Disease

Written by Customer Service on April 1, 2024. Posted in Public Companies.

Established Low Dose as Safe and Tolerable Dose in Current OCU410ST Clinical Trial DSMB Determination to Proceed with Medium Dose Cohort DosingMALVERN, Pa., April 01, 2024 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced that the Data Safety and Monitoring Board (DSMB) for the OCU410ST clinical trial recently convened and approved to proceed dosing with the medium dose of OCU410ST in the dose-escalation phase of the study. Three patients with Stargardt disease were dosed in the Phase 1/2 clinical trial to date. An additional three patients will be dosed with the medium dose (Cohort 2) and three patients with the high dose (Cohort 3) of OCU410ST in the dose-escalation...

Blackboxstocks Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Acquisition of Evtec Progressing Toward Closing DALLAS, April 01, 2024 (GLOBE NEWSWIRE) — Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced the Company’s financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter and Annual Financial and Operating Highlights:Total revenue for the fourth quarter of 2023 was $781,156 as compared to $1,068,158 for the same period in 2022. Revenue for the year ended December 31, 2023 was $3,106,026 as compared to $4,959,109 for the prior year period. Fourth quarter 2023 revenue increased 7.2% compared to revenue in the third quarter of 2023 of $728,468. Operating expenses were $1,397,837 in the...

Trump Media & Technology Group Files 10-K Report

Written by Customer Service on April 1, 2024. Posted in Public Companies.

SARASOTA, Fla., April 01, 2024 (GLOBE NEWSWIRE) — President Donald Trump created Truth Social to give the American people their voices back, and he has already turned the platform into yet another iconic American brand. Trump Media & Technology Group Corp. (“TMTG,” NASDAQ: DJT), operator of the Truth Social platform, filed a 10-K report today with the Securities and Exchange Commission (“SEC”). The report discloses, among other items, the financial results of its business combination partner, Digital World Acquisition Corp. (“DWAC”), for the year 2023. It is the first 10-K filed by TMTG since the company went public effective on March 26, 2024. TMTG CEO Devin Nunes said, “We are excited to be operating as a public company and to have secured access to capital markets. Closing out the 2023 financials related to the merger,...

Month: April 2024

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