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Month: April 2024

UpHealth Holdings Takes Steps to Enforce the International Court of Arbitration’s Final Award to UpHealth Holdings of more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

DELRAY BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) — UpHealth, Inc. (“UpHealth”) (OTC: UPHL), a leading provider of a full continuum of behavioral health solutions through the utilization of evidence-based treatments and services, today provided an update on the efforts of UpHealth Holdings, Inc. (“Holdings”), a wholly-owned direct subsidiary of UpHealth, to enforce the International Court of Arbitration of the International Chamber of Commerce (the “ICA”)’s Final Award to Holdings and against Glocal Healthcare Systems (“Glocal”) and several of Glocal’s officers and shareholders (together with Glocal, the “Respondents”). Holdings, pursuant to a Share Purchase Agreement dated October 30, 2020, acquired a supermajority of the shares of Glocal in a series of transactions from November 20, 2020 to August 27, 2021 and, as the Tribunal...

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AdTheorent Holding Company, Inc. Enters into Agreement to be Acquired by Cadent, LLC for Approximately $324 Million Representing $3.21 Per Share

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) — AdTheorent Holding Company, Inc. (“AdTheorent” or the “Company”) (Nasdaq: ADTH), a machine learning pioneer delivering measurable value for programmatic advertisers, and Cadent, LLC (“Cadent”), a leading provider of platform-based converged TV advertising solutions and a portfolio company of Novacap, one of North America’s established private equity firms, today announced that they have entered into a definitive agreement under which a wholly owned subsidiary of Cadent will acquire the Company in an all-cash transaction. Upon closing of the transaction, AdTheorent will become a privately held company. Under the terms of the definitive merger agreement, which has been unanimously approved by AdTheorent’s Board of Directors (the “Board”), the Company’s common stockholders will receive cash...

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Else Nutrition Reports 2023 Financial Results and Provides Business Update

Achieves 38% Sequential Increase in Revenue for Q4 2023 Compared to Q3 2023 Revenue Increases 10% in 2023 compared to 2022 Conference Call to be Held Today at 10:30 AM Eastern Time VANCOUVER, British Columbia, April 01, 2024 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) (“Else” or the “Company”), today reported financial results for the fourth quarter and year ended December 31, 2023. The financial statements and MD&A are available on SEDAR under the Company’s profile. “We made tremendous progress in 2023, resulting in increased revenue, an expanded retail footprint, and new product launches,” commented, Hamutal Yitzhak, CEO of Else Nutrition. “Notably, our revenue increased 38% sequentially in the fourth quarter of 2023, compared to the third quarter of 2023. Moreover, revenue...

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Virco Issues Updated Investor Presentation

TORRANCE, Calif., April 01, 2024 (GLOBE NEWSWIRE) —  Virco Mfg. Corporation (NASDAQ: VIRC) (the “Company”), the nation’s largest manufacturer and supplier of educational furniture and equipment, today issued an update of its investor presentation, highlighting the Company’s strong recovery following pandemic-related school closures. The investor update is available on the Company’s website at www.virco.com. The investor presentation includes preliminary, unaudited financial results for the Company’s Fiscal Year Ended January 31, 2024. Included in these figures is Management’s preferred forward-looking indicator of business velocity: “Shipments plus Backlog,” a non-GAAP measure of actual year-to-date shipments plus the unshipped backlog of orders for the upcoming delivery season. As of January 31, 2024, the Company’s fiscal year...

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Antelope Enterprise Announces Preliminary Full Year 2023 Revenue of $70.4 Million, a Projected 65% Year-Over-Year Increase

CHENGDU, China, April 01, 2024 (GLOBE NEWSWIRE) — Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise” or the “Company”), which operates KylinCloud, a livestreaming ecommerce business in China with access to 800,000+ hosts and influencers, today pre-announced unaudited revenue of $70.4 million for its fiscal year ended December 31, 2023. This represents revenue growth of 65.3% compared to $42.6 million in revenue recorded for the full fiscal year of 2022. It also presents growth of 73.0% as compared to $40.7 million in revenue generated from the Company’s livestreaming ecommerce business, which represented 84.5% of total revenue generated in fiscal year 2022. Antelope Enterprise’s projected revenue for its full fiscal year 2023 exceeds the Company’s full-year guidance of $64...

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AmpliTech Group Showcases Remarkable Success At The Satellite Show In Washington DC Held March 19 to March 21, 2024

HAUPPAUGE, N.Y., April 01, 2024 (GLOBE NEWSWIRE) — AmpliTech Group, Inc (Nasdaq: AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, including the design of complete 5G/6G systems, and a global distributor of packages and lids for integrated circuit assembly, today announced its exceptional achievements at the recently concluded Satellite Show held in Washington D.C. The event proved to be an extraordinary platform for AmpliTech Group, facilitating over 130 productive customer meetings and garnering an overwhelming response with more than 90 Requests for Quotations (RFQs) received. This impressive engagement further underscores AmpliTech’s position as a premier player in the RF/microwave industry and validates the efficacy of...

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CMS and Incyte Announce Collaboration and License Agreement for Povorcitinib in China and Southeast Asia

Povorcitinib, a selective oral JAK1 inhibitor discovered by Incyte, is an investigational medicine being evaluated for the treatment of non-segmental vitiligo, hidradenitis suppurativa (HS), prurigo nodularis (PN), asthma and chronic spontaneous urticariaHONG KONG, China and WILMINGTON, Del., April 01, 2024 (GLOBE NEWSWIRE) — China Medical System Holdings Limited (“CMS” or the “Group”) and Incyte (Nasdaq:INCY) (“Incyte”) are pleased to announce that on 31 March 2024, that the Group, through a wholly-owned dermatology medical aesthetic subsidiary of the Company (“CMS Skinhealth”), and Incyte entered into a Collaboration and License Agreement for the development and commercialization of povorcitinib (the “Product”), a selective oral JAK1 inhibitor, to research, develop, register and commercialize the Product in Mainland China,...

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Top Ships Inc. Announces Filing of 2023 Annual Report on Form 20-F

ATHENS, Greece, April 01, 2024 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.topships.org, or on the website of the Commission, www.sec.gov. About TOP Ships Inc. TOP Ships Inc. is an international owner and operator of modern, fuel efficient eco tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. For more information about TOP Ships Inc., visit its website: www.topships.org. Forward-Looking Statements Matters...

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SharpLink Gaming Announces 2023 Year-End Results

Revenues from Continuing Operations Increase 42% on Year-Over-Year Basis MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq:SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and iGaming industries, today announced its financial results for the year ended December 31, 2023. Comparative Year-Over-Year Financial Highlights for Continuing OperationsTotal revenues from continuing operations rose 42% to $4,952,725 from $3,489,948.  Affiliate Marketing Services – International segment achieved revenues of $4,198,279 – up 22% from $3,427,698.Revenues from the Company’s Affiliate Marketing Services – United States segment climbed 1112% to $754,446 from $62,250.Gross profit from continuing operations increased 17%...

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KULR Technology Group Sets Fourth Quarter and Full Year 2023 Earnings Call for Friday, April 12, 2024 at 4:30 p.m. ET

SAN DIEGO, April 01, 2024 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, will hold a conference call on Friday, April 12th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Date: Friday, April 12, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 855-459-0165Access Code: 361411Webcast: Click here to access Please call the conference telephone number 10 minutes prior to the start time. The conference call will be available for replay...

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