Day: June 11, 2024

SAN DIEGO, CA, June 11, 2024 (GLOBE NEWSWIRE) — – Spin-out is in process with a final plan expected by 30 June 2024 – Regreen founder to return 10 million shares to Astra treasury This follows recent News article: Astra Energy Inc. Enters Material Definitive Agreement for Power Generation in the Digital Coin Mining and Data Center Marketplace Astra Energy Inc.(OTCQB: ASRE) (“Astra” or the “Company”) would like to provide a shareholder update on the spin-out of Regreen Technologies Inc. (“Regreen”). On Sept. 06, 2023, Astra announced that it would commence the process of spinning out its subsidiary Regreen into an existing entity on a U.S. exchange or listing it on a U.S. exchange with an accompanying IPO. On March 8, 2024, Astra announced the closing of a joint venture transaction with Powertron Global LLC...

Marking the Second Consecutive Year of Stevie® Recognition EL MONTE, Calif., June 11, 2024 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced its recognition as a Silver Stevie® Award winner in the “Achievement in Growth” category of the 2024 American Business Awards®. This accomplishment marks the second straight year the Company has been honored with a Stevie® Award, underscoring its commitment to growth and innovation. Last year, GigaCloud received a Bronze Stevie® Award in the category of “Fastest Growing Company of the Year.” Other recipients of the Stevie® Awards include IBM, Samsung Electronics America, and Fidelity Investments. “We are thrilled to be a Stevie® Award winner two years...

– Topline data expected in December 2024 – – Phase 2b design optimized for success; clear path to market in this high value indication expected with positive result – BOSTON, June 11, 2024 (GLOBE NEWSWIRE) — CervoMed Inc. (NASDAQ: CRVO), a clinical stage company focused on developing treatments for age-related neurologic disorders, today announced that it has completed enrollment in RewinD-LB, a Phase 2b trial evaluating neflamapimod in patients with dementia with Lewy bodies (DLB). “Drug development for the major dementias over the past decade has progressively focused on earlier stages of disease. In our phase 2a data with neflamapimod in patients with DLB, the treatment response in patients with pure DLB was substantial and greater than the response seen in patients who had biomarker evidence of Alzheimer’s...

Net Sales Decline (1.4)%; Comparable Sales Decline (5.7)% GAAP Diluted EPS of $1.01, or $1.08 Adjusted Diluted EPS Opened Two New Stores During the First Quarter Returned $132 Million to Shareholders Through Share Repurchases and Dividends KATY, Texas, June 11, 2024 (GLOBE NEWSWIRE) — Academy Sports and Outdoors, Inc. (Nasdaq: ASO) (“Academy” or the “Company”) today announced its financial results for the first quarter ended May 4, 2024. Steve Lawrence, Chief Executive Officer, commented, “As expected, our first quarter results reflect that our customers remain under pressure in the current economic environment. We will navigate through the remainder of the year by continuing to lean into our position as the value leader in our space, while also inspiring customers to shop through introductions and...

Company signs contract to receive 5% of all sales at 7 retail dispensaries in Los Angeles LOS ANGELES, CA, June 11, 2024 (GLOBE NEWSWIRE) — Pineapple Express Cannabis Company (OTC: PNXP) (the “Company” or “Pineapple Express”), a publicly traded company, today announced that its wholly owned subsidiary, Ananas Growth Ventures (“AGV”), has signed a revenue generating contract with Pineapple Consolidated, Inc. to receive 50% of its management fee revenue related to multiple legal cannabis retail operations in Los Angeles, in exchange for a $5 million-dollar promissory note. The contract, which has been in the works for weeks, is effective as of April 20, 2024, but was ratified by the board of directors of the Company and signed on June 10, 2024. The deal involves operational and to be operational retail dispensaries in Hollywood,...

NEEDHAM, Mass., June 11, 2024 (GLOBE NEWSWIRE) — Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced that the Company is set to join the broad-market Russell 3000 Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024, according to a preliminary list of additions posted Friday, May 24, 2024. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell...

MIAMI, June 11, 2024 (GLOBE NEWSWIRE) — via IBN – Bebuzee, Inc. (OTC: BBUZ), a leading social media and digital entertainment platform, is thrilled to announce the launch of two groundbreaking live streaming features in its revolutionary super app. These innovative additions are designed to enhance user engagement and transform the digital experience for millions of Bebuzee users worldwide. Introducing Live Streaming: TikTok- and YouTube-Style Experiences Bebuzee is excited to introduce live streaming features that offer unique and captivating experiences, similar to content shared via TikTok and YouTube. These new, inspired features are set to redefine how users experiment with content and connect with their favorite creators and communities. TikTok-Style Live Streaming Our TikTok-style live streaming feature allows users to broadcast...

SAN DIEGO, June 11, 2024 (GLOBE NEWSWIRE) — In today’s hyper-connected world, businesses must comply with strict cybersecurity measures to operate and compete, especially for winning government contracts and in regulated industries. Misunderstanding the requirements or making mistakes during the certification process can result in fines, revenue loss, and even ineligibility to compete. To guide businesses to the right answers, Kratos Defense & Security Solutions (Nasdaq: KTOS) has launched a cybersecurity compliance podcast to help businesses set and achieve their compliance goals. For more than a decade Kratos has been a trusted cybersecurity compliance advisor and assessor supporting many of the world’s largest and most respected technology companies as well as mid-sized product makers and service providers. “Cyber Compliance...