Day: June 4, 2024

Infinite Reality Acquires Action Face, Custom 3-D Avatar Creator, to Bring More Personalization to Immersive Experiences

AI-Powered Technology Will Be Integrated Into iR’s Immersive Worlds,Leveraging Action Face’s Existing Brand Partnerships and Expanding Their Reach LOS ANGELES and NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) — Infinite Reality (iR), an innovation company powering the next generation of digital media and ecommerce through AI and immersive technologies, today announced the acquisition of Action Face, Inc., an AI-powered avatar creation platform. Through this deal, iR acquires proprietary technology that allows people to create lifelike, custom 3-D avatars from a simple selfie. Action Face’s innovative capabilities align with iR’s aim to power deeper, more immersive fan and customer engagement with brands while improving business outcomes for its clients. Infinite Reality plans to leverage this acquisition to enhance its platform offerings,...

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Village Super Market, Inc. Reports Results for the Third Quarter Ended April 27, 2024

SPRINGFIELD, N.J., June 04, 2024 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NASDAQ:VLGEA) (the “Company” or “Village”) today reported its results of operations for the third quarter ended April 27, 2024. Third Quarter Highlights Sales increased 3.2% and same store sales increased 2.3% Same store digital sales increased 9% Net income of $9.0 million Adjusted net income of $9.6 million, a decrease of 6% compared to adjusted net income of $10.2 million in the third quarter of the prior year Grand opening of an 83,000 sq. ft. ShopRite replacement store in Old Bridge, NJ Year-To-Date Fiscal 2024 Highlights Sales increased 2.8% and same store sales increased 2.2% Same store digital sales increased 12% Net income of $35.0 million Adjusted net income of $35.7 million, an increase of 6% compared to adjusted...

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ECD Auto Design Adds Black Dog Traders Branded Classic Toyota FJ SUVs to Product Lineup

Licensing agreement increases production line backlog in capital efficient manner KISSIMMEE, Fla., June 04, 2024 (GLOBE NEWSWIRE) — ECD Automotive Design, Inc. (Nasdaq:ECDA) (“ECD” or the “Company”), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types and Ford Mustangs announced today that it entered into a licensing agreement with Black Dog Traders to produce branded classic Toyota FJ SUVs at their Kissimmee, FL facility. The license agreement provides ECD access to Black Dog Trader’s IP, branding and top of funnel marketing support in exchange for a fee and royalty per vehicle sale. Black Dog Traders has a rich history in restoration and modification of classic Toyota FJ SUVs for the past decade. Toyota FJ SUVs, with their...

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Barfresh Builds on Education Channel Momentum with Additional Major Customer Wins

Company Expands to Additional 542 New School Customer Locations Across Multiple States, Serving Barfresh Products to Over 390,000 Students for Fall Accelerating Customer Wins to Drive Barfresh’s Projected Record Fiscal Year 2024 Revenue and Year Over Year Margin Expansion LOS ANGELES, June 04, 2024 (GLOBE NEWSWIRE) — Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, continued accelerating its education channel growth trajectory, announcing today it has won several new customers in this key sales channel. The Company recently secured 542 new school locations across multiple states, representing a collective population of over 390,000 students. These new school locations will serve a variety of the Company’s products, including its Twist &...

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Phunware Announces At the Market Equity Distribution Program

AUSTIN, Texas, June 04, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (Nasdaq: PHUN, “Phunware”), the leading provider of patented wayfinding and mobile engagement solutions that enables brands to engage, manage and monetize anyone anywhere, today announced that it has entered into an Equity Distribution Agreement with Canaccord Genuity LLC, as representative of the several agents named on Schedule 1 thereto, pursuant to which Phunware may offer and sell, from time to time, shares of its common stock, for aggregate gross proceeds of up to $120,000,000, through the agents by methods deemed to be an “at the market offering.” All of the shares of common stock are being offered by Phunware pursuant to an existing effective shelf registration statement on Form S-3 (File No. 333-262461) (the “Registration Statement”) and no additional capacity...

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Skyward Specialty Invests in Media Liability Expansion With the Addition of Three Key Industry Veterans

HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or “the Company”), a leader in the specialty property and casualty (P&C) market, announced today it has recruited three top media liability professionals, further expanding the Company’s Media Liability team following its impressive reception by the market after entering as a primary carrier just two months ago. Skyward Specialty recruited Andrea Taylor as vice president of Media Liability. Ms. Taylor, formerly with ANV Media and QBE North America, has an impressive 25 years of leadership and underwriting expertise specializing in the segment. Also joining the team is Cheech Bradford as assistant vice president of Media Liability. Through her more than 35 years of specialized...

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Chair of UC Berkeley Nuclear Engineering Department Joins NANO Nuclear Energy as Lead Developer of ‘ZEUS’ Portable Microreactor

Figure 1 Professor Massimiliano Fratoni, Ph.D., Chair in the UC Berkeley Nuclear Engineering Department, Becomes the Senior Director and Head of Reactor Design of NANO Nuclear Energy Inc. Prof. Massimiliano Fratoni to spearhead development of the next generation, portable, on-demand capable, advanced nuclear microreactor New York, N.Y., June 04, 2024 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), an emerging vertically integrated microreactor and advanced nuclear technology company led by a world-class nuclear engineering team developing proprietary, portable, and clean energy solutions, is pleased to announce that Massimiliano Fratoni, Ph.D., a Xenel Distinguished Professor and Chair in the Department of Nuclear Engineering at the University of California, Berkeley (UCB), has been appointed...

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CUEN – Cuentas, Inc. And World Mobile Group, Ltd. Unveil Global Roaming And Financial Services In The United States

Cuentas to Integrate with World Mobile’s Decentralized Network, Offering US Mobile Users Cost-efficient Global Roaming and Connectivity at 12 Times Less Than Legacy Networks MIAMI BEACH, FL, June 04, 2024 (GLOBE NEWSWIRE) — Cuentas, Inc. (OTC: CUEN & CUENW) (“CUEN” or “the Company”), a pioneer driving the seamless integration of fintech, mobile telecommunications, and real estate for the unbanked and underbanked Hispanic demographic, proudly announced today the signing of a Letter of Intent (LOI) with World Mobile Group Ltd (World Mobile Token WMT-USD) (“World Mobile”) to launch groundbreaking global roaming services and financial solutions in over 30,000 retail locations nationwide. Leveraging World Mobile’s innovative sharing economy platform (airnode.worldmobile.io), the partnership will develop localized networks tailored...

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Golden Triangle Ventures Completes Acquisition of Cargo Management Group

LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) — via IBN — Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) proudly announces the successful completion of its acquisition of Cargo Management Group, a reputable and longstanding shipping, logistics and trucking operation, from TK Zarro, LLC. This strategic acquisition marks a significant milestone in GTV’s expansion efforts, as well as enhancing its operational capabilities within its Entertainment Division, Lavish Entertainment. Additionally, the acquisition provides a full suite of in-house logistics capabilities for other Company operations. Cargo Management Group, which reported nearly $3 million in revenue for 2023, brings with it a robust portfolio of contracts with industry leaders such as JB Hunt, CH Robinson, Coyote Logistics, and Echo Logistics....

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Gray Television Announces Early Tender Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the early tender results of its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 5.875% Senior Notes due 2026 (the “Notes”), subject to certain terms and conditions set forth in the Offer to Purchase dated May 20, 2024 (the “Offer to Purchase”). According to information provided by D.F. King & Co., Inc., the Information Agent and Tender Agent for the Tender Offer, as of 11:59 p.m., New York City time, on June 3, 2024 (such date and time, the “Early Tender Date”), Gray had received valid and not withdrawn tenders from registered holders (each, a “Holder” and collectively, the “Holders”) of $690,032,000 aggregate principal amount outstanding of the Notes. Withdrawal rights expired...

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