Month: May 2024

Generous Government Tax Incentives Spur Renewed Interest in Grom’s Manila-based Studio from International Programming Suppliers BOCA RATON, Fla., May 07, 2024 (GLOBE NEWSWIRE) — Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary, Top Draw Animation (“TDA”), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to over $2.9MM in new assignments, one of which represents the largest single order in Top Draw’s 25-year history. The new production work – unnamed for competitive reasons – was announced today by Grom CEO, Darren Marks. “The global animation...

The company’s revolutionary, patent-protected bipolar electrode-to-pack technology dramatically reduces battery weight, volume, and cost DAYTON, Ohio, May 07, 2024 (GLOBE NEWSWIRE) — Solidion Technology, Inc. (Nasdaq: STI), an advanced battery technology solutions provider, today unveiled their patent-protected bipolar electrode-to-pack (BEEP) technology. Rather than creating individual cells and modules, Solidion’s BEEP technology produces a high-voltage, high-capacity battery pack by stacking and connecting bipolar electrodes and solid electrolyte layers in series and in parallel. Solid-state batteries are expected to revolutionize the electric vehicle industry with their inherent safety, fast charging, and an achievable range of over 900 miles on a single charge. However, two major issues have prevented the wide-spread commercialization...

Real Brands Inc.Dr. Richard J. Goldberg has joined Real Brands Inc.’s Board of Directors and will consult for them on research and development of psychedelic drug therapies.North Providence, RI, May 07, 2024 (GLOBE NEWSWIRE) — Real Brands Inc. (OTCPK: RLBD) announced today that it has added Richard J. Goldberg, MD, MS, to its Board of Directors, and The Company has entered into a consulting agreement with Dr. Goldberg for guidance and expertise in Real Brand’s new Psychedelics research division that was launched in 2023.Dr. Richard J. Goldberg has joined Real Brands Inc.’s Board of Directors and will consult for them on research and development of psychedelic drug therapies. “Dr. Goldberg is a renowned, award-winning medical expert in Psychiatry who we are engaging to play a key role in developing strategy...

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) reports that it is increasing the size of its non-brokered private placement announced on May 3, 2024. The original Offering (the “Offering”) of 8,500,000 units (the “Units”) will now be for up to 9,745,744 units of the Company placed with strategic investors at a price of $0.195 per Unit (the “Offering Price”) for gross proceeds to MAX Power of up to $1,900,420 (the “Offering”). The Offering is scheduled to close on or about May 15, 2024 (the “Closing Date”) and completion of the Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange...

Palisade Bio, Inc.Margery FischbeinWall Street and biotech industry veteran with expertise across corporate finance, business development, M&A, licensing, and strategic alliance transactions, globally Carlsbad, CA, May 07, 2024 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade”, “Palisade Bio” or the “Company”), a biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced it has appointed Margery Fischbein to its Board of Directors.Ms. Fischbein is a highly experienced healthcare investment banker and accomplished biotechnology industry executive. “We are excited to welcome Margery to our Board of Directors. With her expertise and deep Wall Street and healthcare industry network we believe...

National Retail SolutionsRetail Trade Comparative DataApril same-store sales increased 2.5% year-over-year Inflationary pressures subsided further – average prices increased just 0.2% year-over-year The NRS network surpassed 30,000 active terminals nationwide NEWARK, N.J., May 07, 2024 (GLOBE NEWSWIRE) — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for April 2024. As of April 30, 2024, the NRS retail network comprised approximately 30,300 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. Elie...

New Pure AI feature provides drive-thru operators with a fully autonomous Voice AI ordering experience for customers SAN CARLOS, Calif., May 07, 2024 (GLOBE NEWSWIRE) — Presto Automation Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced the launch of Presto Voice with Pure AI, a transformative feature that delivers enhanced Voice AI order taking for restaurants. Presto Voice with Pure AI introduces a compelling new version of Voice AI technology for restaurant operators that streamlines their operations and enhances the customer experience. The new technology is autonomous, without humans-in-the-loop (HITL) who could intervene early in the order process before the AI has a chance to complete the order. The Pure AI feature enables...

FRANKLIN, Tenn., May 07, 2024 (GLOBE NEWSWIRE) — On May 1, 2024, as previously announced, pursuant to that certain Settlement and Release Agreement, by and between IMAC Holdings, Inc. (NASDAQ: BACK) (“BACK”) and Theralink Technologies, Inc. (“Theralink”), BACK acquired the assets of Theralink, other than certain excluded assets, in settlement of the default by Theralink of certain outstanding debt and BACK’s agreement to issue certain shares of preferred stock of BACK to Theralink and/or certain holders of debt of Theralink, as applicable, in the future following the completion of a third party valuation of Theralink’s business. With BACK already in possession of such assets of Theralink, and a merger with Theralink no longer necessary to acquire such assets, on May 6, 2024, BACK, IMAC Merger Sub, Inc. (“Merger Sub”) and Theralink...

SINGAPORE, May 07, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for April 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “The month of April marked a period of stable operations for our company as we made steady progress towards our long-term development goals. We mined 265 Bitcoins in total during April, representing an increase of 13.7% from the same period last year and a decline of 9.9% from March 2024. This month-over-month decline was related to the impact of the latest Bitcoin halving event, which occurred on April 19, 2024. Our Gedu datacenter maintained stable operations throughout the month of April, thanks in...

Team to Drive Strategic Initiatives, Launching Efforts at 2024 ACOG Meeting ATLANTA, May 07, 2024 (GLOBE NEWSWIRE) — Femasys Inc. (Nasdaq: FEMY), a leading biomedical company focused on addressing significant unmet needs of women worldwide with a broad portfolio of in-office, accessible, and innovative therapeutic and diagnostic products, today announces the expansion of its commercial management team, marking a significant milestone in the company’s mission to advance women’s health worldwide. With the addition of new team members to its commercial team in key strategic geographical locations, Femasys is poised to fully initiate its strategic initiatives and execute on its delivery of innovative, accessible options to impact women’s healthcare. The newly appointed team brings together seasoned professionals with a...