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Month: May 2024

Public Entities of America, LLC joins Apex Insurance Agency, LLC, part of Bridge Specialty Group, LLC

DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) — Bridge Specialty Group, LLC (“Bridge Specialty”) is very pleased to welcome Public Entities of America, LLC (“PEA”) to its team of niche-focused, wholesale entities. PEA is a leading brokerage agency working exclusively in the public sector and risk management marketplace. PEA teammates will join the team at Apex Insurance Agency, LLC (“Apex”) and work alongside leaders Michelle Hill, Apex vice president, and Karl Snearer, Apex president and regional leader for Bridge Specialty. Snearer commented, “We are very excited to welcome the PEA team to Apex and Bridge Specialty. Their team has established itself as an industry leader providing innovative risk solutions for the public sector across the United States and bring additional public entity capabilities and talented insurance...

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Bionomics to Present at the 2024 American Society of Clinical Psychopharmacology Annual Meeting

ADELAIDE, Australia and CAMBRIDGE, Mass., May 20, 2024 (GLOBE NEWSWIRE) — Bionomics Limited (Nasdaq: BNOX) (Bionomics or Company), a clinical-stage biotechnology company developing novel, first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system (CNS) disorders with high unmet medical need, today announced that Spyridon “Spyros” Papapetropoulos, M.D., PhD, President and Chief Executive Officer of Bionomics will be giving an oral presentation and presenting two posters about BNC210 as a potential treatment for social anxiety disorder and post-traumatic stress disorder (PTSD) at the 2024 American Society of Clinical Psychopharmacology (ASCP) Annual Meeting taking place May 28 – 31 in Miami Beach, Florida. Details of the presentations are as follows: Presentation title: Positive...

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Voyageur Mineral Explorers Corp. Options Alberts Lake Project

TORONTO, May 20, 2024 (GLOBE NEWSWIRE) — Voyageur Mineral Explorers Corp. (“Voyageur” or the “Company”) (CSE: VOY) is pleased to announce that is has entered into an option agreement (the “Option”) with Callinex Mines Inc. (“Callinex”), whereby Callinex may acquire a 100% interest in the Company’s Alberts Lake project, located approximately 20km east of Flin Flon, Manitoba. In order to exercise the Option, Callinex must issue to the Company a total of $650,000 worth of common shares as follows:$75,000 on the date of Exchange acceptance of the Option; $125,000 on the first anniversary of signing; $150,000 on the second anniversary of signing; $150,000 on the third anniversary of signing; and $150,000 on the fourth anniversary of signing.Upon exercise of the Option, Voyageur will be granted a 1.5% net...

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BitFuFu Inc. Reports Unaudited First Quarter 2024 Financial Results

SINGAPORE, May 20, 2024 (GLOBE NEWSWIRE) — BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operational HighlightsHosting capacity of 644 MW diversified across 29 sites on three continents, compared with 513 MW across 22 sites on one continent during the same period of 2023 Total mining capacity under management increased 52.1% to a record 28.6 EH/s, compared to 18.8 EH/S during the same period of 2023 Cloud-mining registered users increased 63.5% to 321,184 as of March 31, 2024, compared to 196,468 as of March 31, 2023 Bitcoin (“BTC”) production from self-mining operations decreased 11.0% to 1,103 BTCs from 1,239...

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VEON’s Banglalink and Robi Axiata Partner to Explore Network Sharing to Expand 4G Access in Bangladesh

Banglalink and Robi AxiataThe MoU was signed during a ceremony which marked World Telecommunication and Information Society Day in Bangladesh, attended by Zunaid Ahmed Palak, the Minister of State for Posts, Telecommunications and Information Technology, and Engineer Md Mohiuddin Ahmed, Chairman of the BTRC as well as the officials of Banglalink and Robi.Amsterdam and Dhaka, 20 May 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi, second largest mobile operator in the Bangladesh and a subsidiary of Axiata Group, to explore potential sharing and optimization of network resources, aiming to expand 4G coverage and enhance...

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Li Auto Inc. Announces Unaudited First Quarter 2024 Financial Results

Quarterly total revenues reached RMB25.6 billion (US$3.6 billion)1Quarterly deliveries reached 80,400 vehicles BEIJING, China, May 20, 2024 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2024. Operating Highlights for the First Quarter of 2024Total deliveries for the first quarter of 2024 were 80,400 vehicles, representing a 52.9% year-over-year increase.    2024 Q1   2023 Q4   2023 Q3   2023 Q2Deliveries   80,400   131,805   105,108   86,533                     2023 Q1   2022 Q4   2022 Q3   2022 Q2Deliveries   52,584   46,319   26,524   28,687  As of March 31, 2024, in China, the Company had 474 retail stores in 142 cities, 356 servicing centers...

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EHang Reports First Quarter 2024 Unaudited Financial Results

Quarterly Revenues Increased by 178.0% YoY Achieved Positive Operating Cash Flow for the Second Consecutive Quarter Secured Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Growing Orders and Deliveries Boosted by Low-Altitude Economy Industry in China Partnered with GBT for Ultra-Fast/eXtreme Fast Charging Batteries Partnered with GAC to Strengthen Capability for Future Production Expanded International Partnership and Demo Flights in UAE, Spain, Costa Rica and JapanGUANGZHOU, China, May 20, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced its unaudited financial results for the first quarter ended March 31, 2024. Financial and Operational Highlights for the First...

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Start of construction work on the Uus-Kindrali

Start of construction work on the Uus-Kindrali Pro Kapital has started the construction of the next phase of the Kindrali Houses project in Tallinn Kristiine City. The building at Talli 3/Sammu 8, which is part of the Uus-Kindrali project, will comprise 90 apartments and one commercial unit. The new phase of Kindrali Houses will consist of a 7-storey building with 1-5 bedroom apartments. To date, 31% of the apartments have already been pre-sold, which was the incentive to start construction work. Uus-Kindrali, with its modern and Scandinavian architecture, will be built in Kristiine City and will be framed by a tree-lined avenue and Brooklyn-style high ground floor homes and commercial space opening directly onto the street. On the other side, between the buildings is a spacious and private courtyard with fruit trees, berry bushes,...

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Start of construction work on the Uus-Kindrali

  Start of construction work on the Uus-Kindrali Pro Kapital has started the construction of the next phase of the Kindrali Houses project in Tallinn Kristiine City. The building at Talli 3/Sammu 8, which is part of the Uus-Kindrali project, will comprise 90 apartments and one commercial unit. The new phase of Kindrali Houses will consist of a 7-storey building with 1-5 bedroom apartments. To date, 31% of the apartments have already been pre-sold, which was the incentive to start construction work. Uus-Kindrali, with its modern and Scandinavian architecture, will be built in Kristiine City and will be framed by a tree-lined avenue and Brooklyn-style high ground floor homes and commercial space opening directly onto the street. On the other side, between the buildings is a spacious and private courtyard with fruit trees, berry bushes,...

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Niu Technologies Announces Unaudited First Quarter 2024 Financial Results

— First Quarter Revenues of RMB 504.7 million, an increase of 21.0% year-over-year — First Quarter Net Loss of RMB 54.8 million, compared to Net Loss of RMB 60.3 million in the same period of last year BEIJING, May 20, 2024 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial HighlightsRevenues were RMB 504.7 million, an increase of 21.0% year-over-year Gross margin was 18.9%, compared with 21.7% in the first quarter of 2023 Net loss was RMB 54.8 million, compared with net loss of RMB 60.3 million in the first quarter of 2023 Adjusted net loss (non-GAAP)1 was RMB 48.5 million, compared with adjusted net loss...

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