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Day: May 24, 2024

BioRestorative Therapies Announces Receipt of Nasdaq Non-Compliance Notice

MELVILLE, N.Y., May 24, 2024 (GLOBE NEWSWIRE) — BioRestorative Therapies, Inc. (“BioRestorative”, “BRTX” or the “Company”) (NASDAQ:BRTX), a clinical stage company focused on stem cell-based therapies, today announced that it received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires the timely filing of all required periodic reports...

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Questor Announces Departure of Vice President Operations and Customer Experience

CALGARY, Alberta, May 24, 2024 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announces the departure of Vice President Operations and Customer Experience, Ryan Pilsner, effective today. On behalf of the employees and Board of Directors, the Company thanks Ryan for his contribution to Questor and wishes him all the best in his future endeavours. ABOUT QUESTOR TECHNOLOGY INC. Questor Technology Inc., incorporated in Canada under the Business Companies Act (Alberta) is an environmental emissions reduction technology company founded in 1994, with global operations. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high efficiency...

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Purpose Investments Inc. Announces Final May 2024 Distribution Rate for Cash and Money Market ETFs, Updates Ex-Distribution Date for Purpose Emerging Markets Dividend Fund, Purpose International Dividend Fund, and Big Banc Split Corp, and Provides an Update to T+1 Settlement Schedule

TORONTO, May 24, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final May 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund (“Cash and Money Market ETFs”), updated the ex-distribution date for Purpose Emerging Markets Dividend Fund, Purpose International Dividend Fund, and Big Banc Split Corp and provided a further update to the transition from a T+2 to T+1 settlement cycle. Final May 2024 Distribution Rates for Cash and Money Market ETFs The following table reflects the final distribution amounts for Cash and Money Market ETFs for the month of May. The ex-distribution date is May 29, 2024. Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency Purpose...

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Pineapple Subsidiary SUNation Signs 1.95-Megawatt Project

MINNETONKA, Minn., May 24, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (“Pineapple”), a leading provider of sustainable solar energy and backup power to households and small business, announced today that its New York-based subsidiary SUNation signed a 1.95-megawatt project. SUNation will begin work on this large-scale commercial installation in early July. The project, to be installed on a large industrial building in New York, will feature an expedited installation. The developer has more than 200 MW of energy in their projected renewables pipeline nationally. They chose SUNation due to their extensive interconnection knowledge in the State of New York as well as their successful track record of delivering projects on time and on budget. “Projects of this size and complexity can take years to develop. This project went from...

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Lavoro to Announce Fiscal Third Quarter 2024 Results on June 3rd, 2024

SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) — Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-documents/events/ For interested individuals unable to join the conference call, a dial-in replay of the call will be available through Monday, June 17,...

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Carbon Revolution Secures Further Release of $5 Million from OIC and is in Ongoing Negotiations with OIC for Further Releases

GEELONG, Australia, May 24, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital (“OIC”) for the early release of a further US$5 million from the remaining US$30 million in escrow, by way of issuance of secured debt under modifications which have been agreed with existing financiers. After giving effect to the net proceeds of the US$5M release, the Company has approximately US$6.1M of unrestricted cash1 and US$4.9M in restricted Trust fund related to the PIUS agreement on the balance sheet. The US$5M release and the remaining escrow fall under the previously announced Structured Equity Facility...

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UPDATE – Meritage Announces Annual Meeting Results And Second Quarter Dividend

GRAND RAPIDS, Mich., May 24, 2024 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved the election of six directors: Chris A. Armbruster, John W. Inwright, Duane F. Kluting, Dirk J. Pruis, Gary A. Rose, Robert E. Schermer, Jr. Each director will serve a one-year term until the 2025 annual meeting. The CEO’s Report, which followed the formal meeting, is available on the Company’s website and OTCQX: MHGU. Common Stock Special Dividend: Following the Annual Shareholders Meeting, the Company’s Board of Directors approved a quarterly dividend of $0.06 per share. The dividend is payable on July 1, 2024, to shareholders of record on June 15, 2024. The dividend represents a 100% increase...

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Dundee Corporation Announces Acquisition of Shares of SPC Nickel Corp.

TORONTO, May 24, 2024 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 6,000,000 Units (Units) of SPC Nickel Corp. (the “Issuer”) at the price of $0.05 per unit for aggregate consideration of $300,000. Each Unit is comprised of one common share and one half of a purchase warrant of the Issuer. Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned or controlled 25,243,650 common shares representing an approximate 16.55% interest in the Issuer on an undiluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own or control an aggregate of 31,243,650 common...

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Etrion Releases First Quarter 2024 Results

GENEVA, Switzerland, May 24, 2024 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2024. Q1-24 HIGHLIGHTS Etrion closed the first quarter of 2024 with an unrestricted cash balance of US$6.3 million and a positive working capital of US$6.6 million. Management Comments Marco A. Northland, the Company’s Chief Executive Officer, commented, “The Company going forward will maintain very limited resources and proceed with a windup of the Company as previously disclosed.” FINANCIAL SUMMARY     Three months ended US$ thousands (unless otherwise stated)     Q1-24 Q1-23           Financial performance...

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Avalon GloboCare Receives Notice from Nasdaq Regarding Delayed Quarterly Report

FREEHOLD, N.J., May 24, 2024 (GLOBE NEWSWIRE) — Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative cell-based technology, cellular therapy and precision diagnostics, today announced that it received a notice (the “Notice”) on May 22, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company has not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. The Notice states that the Company has 60 calendar...

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