Day: June 10, 2024

Wearable Devices to Demonstrate First Phase Integration of Mudra Technology with Qualcomm Snapdragon Spaces

The Integration solves most of the camera-based hand tracking limitations required by the industry for mass adoption of Augmented and Virtual Reality YOKNEAM ILLIT, ISRAEL, June 10, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced the successful completion of its first phase of integration with Qualcomm’s Snapdragon Spaces™, extended reality (XR) Developer Platform. This milestone follows the collaboration agreement announced earlier this year, marking a significant step forward in transforming the XR industry through innovative gesture-based control. The Mudra Band technology has been successfully integrated with the Snapdragon...

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HF Foods Appoints Lisa Lim and Charlotte Westfall to its Board of Directors

LAS VEGAS, June 10, 2024 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods”, or the “Company”), a leading food distributor to Asian restaurants across the United States, today announced the appointment of Lisa Lim and Charlotte Westfall to the Company’s board of directors effective June 7, 2024. As a result of the appointments of Ms. Lim and Ms. Westfall, the Company’s board of directors will now include four independent directors and Mr. Peter Zhang, the CEO of the Company. Ms. Lim, a retired partner with the global professional services organization, Ernst & Young (“EY”), is a seasoned global business leader, SEC-qualified financial expert and CPA with 39 years of experience advising Fortune 100 and growth companies on strategic business development, digital transformations, acquisitions & divestitures,...

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RIO Takes Center Stage with RAD’s Security Solution Shining at CMA Fest

Seamless Performance and Real-Time, Intelligent Surveillance Keep Attendees Safe Detroit, Michigan, June 10, 2024 (GLOBE NEWSWIRE) — Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), is thrilled to announce the successful deployment of 4 RAD RIO™ (ROSA Independent Observatory) solar-powered mobile surveillance units (MSU) during the 2024 CMA Fest in Nashville, Tennessee.  The CMA Fest, one of the most significant country music events in the world, saw tens of thousands of fans flock to Nashville for an unforgettable weekend of music and entertainment. Ensuring the safety and security of such a large gathering is always a top priority, and this year, RIO played a crucial role in achieving that goal.  Throughout the festival, the RIO units...

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SELLAS Announces Completion of Enrollment and Initial Positive Data in Phase 2a Trial of SLS009 in r/r AML

– 30 Patients Relapsed or Refractory to Venetoclax-Based Regimens Enrolled Ahead of Schedule – – Overall Response Rate (ORR) of 33% and 50% Achieved to Date in 60 mg QW and 30 mg BIW Cohorts, Respectively – – 45 mg (Safety Dose) Once a Week of SLS009 Showed a Median Overall Survival (OS) of 5.4 Months vs. 2.5 Months with Standard of Care; 60 mg Once a Week and 30 mg Twice a Week Median OS Have Not Been Reached Yet – – 100% Overall Response Rate in Patients with ASXL1 Mutation in the 30 mg BIW Cohort to Date – – Trial Continues with Two Expansion Cohorts of Patients with ASXL1 Mutations and Myelodysplasia-Related Molecular Mutations Other Than ASXL1; Additional Update Expected in Q3 2024 – NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (NASDAQ:...

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FuelCell Energy Reports Second Quarter of Fiscal 2024 Results

Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 million Gross loss of $(7.1) million compared to $(6.1) million Loss from operations of $(41.4) million compared with $(35.9) million Net loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (NASDAQ: FCEL) — a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today reported financial results for its second quarter ended April 30, 2024. “In the second quarter, our team continued to execute on all three pillars of our Powerhouse Business Strategy, growing revenue sequentially from the first quarter...

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Critical Metals Corp. to Acquire Tanbreez, One of the World’s Largest Known Rare Earths Assets

Critical Metals Corp. has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine, one of the largest rare earth deposits in the world The Tanbreez Project offers a foundational permitted rare earth asset in North America and Europe With China dominating more than 90% of the REEs, Critical Metals Corp. acquisition of the mine strategically would establish it as a reliable supplier of critical minerals for the western world First significant transaction for Critical Metals Corp. in its strategic M&A roadmap, reflecting another world class addition to its portfolio of assets Transaction valued at up to $211 million NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) — Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical...

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Twelve Seas Investment Company II Announces Third Extension Not to be Implemented and Company to Liquidate

New York, NY, June 10, 2024 (GLOBE NEWSWIRE) — Twelve Seas Investment Company II (NASDAQ): TWLV) (the “Company”) today announced that (i) its board of directors (the “Board”) has determined not to implement the extension of the date by which the Company must consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”) from June 2, 2024 to December 2, 2024, or such earlier date as determined by the Board (the “Third Extension”) that was approved on May 28, 2024 at a special meeting of stockholders (the “Meeting”) and (ii) it intends to liquidate the Company instead. The Board made these determinations based on its belief that the Company would be unable to consummate a Business Combination by August 26, 2024,...

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Enservco Corporation Provides Update Concerning Non-Compliance with NYSE American Listing Standards

LONGMONT, Colo., June 10, 2024 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV) (“Enservco”, or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Enservco from the Exchange. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to attain a minimum of $6.0 million of stockholders’ equity by June 9, 2024; the end of the maximum 18-month compliance plan period. The Company has a right to a review of staff’s determination to delist the common stock by the...

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Ocwen Financial Officially Rebrands as Onity™ Group

NYSE trading symbol (“ONIT”) expected to be effective market open on June 10, 2024 WEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) — Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has officially started operating under its new brand name effective Monday, June 10, 2024, replacing its former name, Ocwen Financial Corporation. The Company’s common stock is expected to begin trading on the New York Stock Exchange under the symbol “ONIT” at market open today. Glen A. Messina, Chair, President and CEO of Onity Group, said, “Today marks the start of a new era for our Company and signifies our transformation, growth and expansion into a balanced and diversified business. We are proud of what we have built – a strong servicing platform with industry-leading...

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Teladoc Health Names Chuck Divita as CEO

Experienced Healthcare Leader to Head Global Virtual Care Company Charles “Chuck” Divita, III Teladoc Health Chief Executive Officer PURCHASE, NY, June 10, 2024 (GLOBE NEWSWIRE) — Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, today announced that its Board of Directors has appointed Charles “Chuck” Divita, III, as Chief Executive Officer, effective immediately. Concurrent with his role as CEO, Mr. Divita has also joined Teladoc Health’s Board of Directors as of today. Mr. Divita joins Teladoc Health from GuideWell, a leading health solutions organization which includes Florida Blue, the market leading health plan in Florida, where he served as Executive Vice President, Commercial Markets. In this capacity, he was responsible for $23 billion in revenue and had accountability for Florida...

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