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Day: May 21, 2024

Blender Bites Attends 2024 National Restaurant Association Show, the Largest Annual Foodservice Event in the Western Hemisphere

VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) — Blender Bites Limited (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ), a multi award-winning Canadian company involved in the development and marketing of a line of premium, organic and plant-based pre-portioned frozen functional foods, is thrilled to announce its participation in the 2024 National Restaurant Association Show, the largest annual event for foodservice professionals in the Western Hemisphere1. The event will take place at McCormick Place, Chicago, Illinois, US, from May 18-21, 2024. Participating in the National Restaurant Association Show provides invaluable exposure to the foodservice industry, and the Company expects to connect with key players, including commercial chains, commercial independents, and non-commercial...

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Xylo Technologies Signs LOI to Acquire a Leading AI Technology Company Based in Germany

TEL AVIV, Israel, May 21, 2024 (GLOBE NEWSWIRE) — Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo” or the “Company”), a technology-based company engaged in advanced innovative technologies, announces today it signed a letter of intent (“LOI”) for the strategic acquisition of a leading German company specializing in developing artificial intelligence (“AI”) predictive maintenance and condition monitoring technologies as well as other AI tools and technologies for various industries (the “Target Company”). This potential acquisition could mark the expansion of Xylo’s portfolio to advanced AI technologies that are being integrated in various market segments and industries. The Target Company, a European leader for over 10 years in merging AI, machine learning algorithms with advanced hardware solutions, turning existing processes into...

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AGBA/Triller $4bn Merger: Excellent Progress Ahead of Plan

LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) — NASDAQ-listed, AGBA Group Holding Limited (“AGBA” or the “Company” or the “Group”), AGBA reports that on May 16, 2024, Triller Corp delivered to its stockholders a notice pursuant to Section 228(e) of the Delaware General Corporation Law, laying out specific details of the proposed merger between Triller and AGBA. The AGBA/Triller merger was approved on April 16, 2024, by written consent of stockholders holding over 63% of Triller’s voting common stock. Triller also reported that on May 6, 2024, it withdrew the S-1 registration statement it had on file with the SEC for its prior proposed direct listing. Triller now fully focuses on pooling its resources and attention towards completing the proposed merger with AGBA within a short timetable. AGBA is making excellent progress in preparing...

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Alarum Announces Q1 2024 Results

First quarter record revenues of $8.4 Million, up 47% year over year; IFRS gross margin climbed to 78% compared to 66% for the first quarter of last year IFRS net profit was $1.4 million while non-IFRS net profit surged to $2.8 million; Earnings per American Depository Share (EPS) of $0.23 and $0.45, respectively Adjusted EBITDA reached a record of $3.2 million Subsidiary NetNut’s revenues in the first quarter jumped 139% year over year; Net Retention Rate (“NRR”) increased to 1.66 TEL AVIV, Israel, May 21, 2024 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, today announced financial results for the three-month period ended March 31, 2024. “I am thrilled to report another record quarter, marking continued growth...

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Pyxis Tankers Announces Financial Results for the Three Months Ended March 31, 2024

Maroussi, Greece, May 21, 2024 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (“we”, “our”, “us”, the “Company” or “Pyxis Tankers”), an international shipping company, today announced unaudited results for the three months ended March 31, 2024. SummaryFor the three months ended March 31, 2024, our Revenues, net were $11.8 million. For the same period, our time charter equivalent (“TCE”) revenues were $10.2 million, an increase of $0.9 million, or 10.2%, over the comparable period in 2023. Our net income attributable to common shareholders for the first quarter ended March 31, 2024, was $3.4 million. For the first quarter of 2024, the net income per common share was $0.33 basic and $0.30 diluted compared to the net income per common share of $0.81 basic and $0.71 diluted for the same period in 2023. Our Adjusted EBITDA for the three months...

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Positive Statistically Significant Phase 2 Clinical Trial Results of Biodexa’s Newly-licensed eRapa™ in Familial Adenomatous Polyposis (FAP) Scheduled for Presentation at the 2024 Digestive Disease Week Annual Meeting

May 21, 2024 Biodexa Pharmaceuticals PLC(“Biodexa” or the “Company”) Positive Statistically Significant Phase 2 Clinical Trial Results of Biodexa’s Newly-licensed eRapa™ in Familial Adenomatous Polyposis (FAP) Scheduled for Presentation at the 2024 Digestive Disease Week Annual Meeting Overall 83% non-progression rate at 6 Months Statistically Significant decrease in overall mean polyp burden at 6 months (p=0.04) Biodexa Pharmaceuticals PLC, (Nasdaq: BDRX), an acquisition-focused clinical stage biopharmaceutical company developing a pipeline of innovative products for the treatment of diseases with unmet medical needs, is pleased to announce that results of a Phase 2 clinical trial of eRapa in Familial Adenomatous Polyposis (“FAP”) (NCT04230499) are scheduled for presentation at the prestigious 2024 Digestive Disease Week annual...

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Onfolio Holdings Inc. Announces First Quarter 2024 Financial Results and Provides Corporate Update

WILMINGTON, Del., May 21, 2024 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (“Onfolio” or the “Company”), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces financial results for the first quarter ended March 31st 2024. Financial HighlightsFirst quarter revenue grew 17% to $1.59M vs. $1.35M in the prior year period and vs. $1.27M in 4Q23 First quarter gross profit grew 35% to $1.00M vs. $0.74M in the prior year period and vs. $0.84M in 4Q23 First quarter total operating expenses decreased 23% to $1.61M vs. $2.09M in the prior year period and vs. $1.67M in 4Q23 First quarter net loss decreased 51% to $0.63M vs. $1.28M in the prior year period and vs. $0.9M in 4Q23 Cash at 3/31/24 was $0.53M vs. $0.98M at...

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Purple Biotech Reports First Quarter 2024 Financial Results

CM24 Phase 2 Pancreatic Cancer Interim Data Selected for Late Breaking Abstract Poster Presentation at ASCO 2024 – Interim results to be Announced June 1, 2024 REHOVOT, Israel, May 21, 2024 (GLOBE NEWSWIRE) — Purple Biotech Ltd. (“Purple Biotech” or “the Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class therapies that harness the power of the tumor microenvironment to overcome tumor immune evasion and drug resistance, today announced financial results for the three months ended March 31, 2024. “We look forward to presenting compelling interim Phase 2 CM24 data for the treatment of pancreatic cancer at ASCO 2024, where we were selected for a Late Breaking Abstract presentation. These data suggest an exciting medical direction, demonstrating potentially reduced risk of disease...

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MegaWatt Metals Reports Historical Exploration Results for the Benedict Mountains Uranium Property in Labrador’s Central Mineral Belt

Central Mineral Belt contains Michelin, one of North America’s largest uranium deposits Benedict Mountains Property area shares geological characteristics with Michelin Exploration highlights include 3 uranium showings & samples up to 13.8% U3O8Vancouver, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) — MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the “Company“, “MegaWatt Metals” or “MegaWatt”) is pleased to report the historical results from past exploration on the Benedict Mountains Uranium Property. On April 1, 2024, MegaWatt announced its agreement to acquire Labrador Mineral Resources Inc. and their Benedict Mountains Uranium Property (the “Property”). The Property consists of 2 mineral licenses ~200 km (124 mi) NE of Goose Bay, covering an area of approximately...

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Bombardier Announces Launch of its New Issuance of Senior Notes due 2032

MONTREAL, May 21, 2024 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2032 (the “New Notes”). Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$240 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”, and such redemption, the “Conditional 2026 Notes Redemption”) and the redemption of US$300 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes”, and such redemption, the “Conditional 2027 Notes Redemption”), and (ii) to pay accrued interest and related fees and expenses....

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