Day: June 24, 2024

UPDATE – Asset Entities Inc. Completes Strategic Acquisition of the Assets of TommyBoyTV

Written by Customer Service on . Posted in Mergers And Acquisitions.

DALLAS, June 24, 2024 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary payment platform company, today announced that it has acquired the assets of TommyBoyTV, LLC, a company engaged in the business of Discord development, social media, online community management, marketing, and analytics. Pursuant to the Asset Purchase Agreement, Asset Entities has paid TommyBoy $200,000 in cash as compensation for the acquired assets and entered into a consulting agreement with TommyBoy’s sole member and issued to TommyBoy’s sole member 25,000 shares of class B common stock as partial compensation for services to be rendered under the consulting agreement. Asset Entities CEO Arshia...

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Sunrise Achieves Significant Milestone with Delivery of 5,800 Tons to HiTHIUM, a Global Leading Energy Storage Battery Manufacturer

Written by Customer Service on . Posted in Public Companies.

ZIBO, China, June 24, 2024 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the successful delivery of 5,800 tons of energy storage material to Xiamen HiTHIUM Energy Storage Technology Co., Ltd. (Xiamen HiTHIUM) by June 23, 2024. As part of the 25,000 tons energy storage material order, Sunrise New Energy will now commence a stable monthly delivery of 2,500 tons starting in June 2024 to fulfill the remaining quantity. Sunrise New Energy has been maintaining high quality and efficiency in its production processes. In an innovative move, the Company has launched a 24/7 live broadcast on its official website (https://www.sunrisenewenergy.com/#/video ), allowing customers and investors to monitor the Company’s production and operations in real-time,...

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Verizon brings portable connectivity to sports and entertainment with new “Network in a Box”

Written by Customer Service on . Posted in Public Companies.

ST. LOUIS, Mo., June 24, 2024 (GLOBE NEWSWIRE) — With connectivity becoming increasingly critical to every aspect of large sports and entertainment events, Verizon has unveiled an innovative, first-of-its-kind portable private network. The prototype solution provides secure, reliable, private connectivity for critical communications needed for operations, security, event production and the fan experience in stadiums or other venues when a permanent private network is not available. Verizon used this portable private network prototype at last weekend’s UFL Championship game at the Dome at America’s Center in St. Louis, Missouri and has shipped similar portable private networks to Sao Paulo, Brazil, London, UK and Munich, Germany to provide reliable connectivity for the NFL game-play operations, enabling real-time, in-game...

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Enterprise Asset Management Market Set for 8.2% CAGR Surge, Reaching USD 7.74 Billion by 2031 | SkyQuest Technology

Written by Customer Service on . Posted in Mergers And Acquisitions.

Westford, June 24, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the enterprise asset management market will attain a value of USD 7.74 billion by 2031, with a CAGR of 8.2% during the forecast period (2024-2031). EAM solutions help in the optimization and management of assets over their lifecycles—from designing to operating to replacing them, enhancing business operations. Streamlined workflow operations help organizations to make informed decisions on the management of capacity and vendors. Widespread adoption of cloud-based and micro-enterprise architectures ensures that maturation occurs in the market, with new growth opportunities being created along with integration of new technologies.   Download a detailed overview: https://www.skyquestt.com/sample-request/enterprise-asset-management-market Browse in-depth TOC on “Enterprise...

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Carbon Revolution Secures $25 Million Financing Agreement with OIC to Fund Growth

Written by Customer Service on . Posted in Public Companies.

GEELONG, Australia, June 24, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital (“OIC”) for the early release of a further US$25 million in five tranches, each equal to US$5 million, subject to satisfying certain reserve release conditions. In connection with the release of each of the five tranches of US$5 million from escrow, the Company will issue to OIC a warrant to purchase a number of shares equal to 2.5% of the Company’s shares outstanding. The incremental $25 million of capital to be funded from OIC is intended to fund the Company as it works to satisfy the growing demand from...

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Pineapple Subsidiary SUNation Enters Installation Agreement With the Guide Dog Foundation and America’s VetDogs

Written by Customer Service on . Posted in Public Companies.

SUNation Energy To Install Solar System at National Training Center on Long Island SMITHTOWN, N.Y., June 24, 2024 (GLOBE NEWSWIRE) — SUNation Energy, the Long Island, New York-based subsidiary of Pineapple Energy (Pineapple), today announced that they will be installing a custom roof-mounted solar system on the National Training Center of the Guide Dog Foundation and America’s VetDogs, sister national nonprofit organizations, based in Smithtown, New York. The nonprofits breed, raise, train, and place highly trained assistance dogs with individuals with disabilities, free of charge. The solar installation is slated to reduce the nonprofits’ operating expenses, allowing more of their resources to go directly towards the services they provide. Guide Dog Foundation and America’s VetDogs both receive the highest ratings for financial...

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“LIFE” by DaniLeigh Acquired by Music Licensing, Inc. (OTC: SONG)

Written by Customer Service on . Posted in Public Companies.

Naples, FL, June 24, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a distinguished leader in the music royalties sector, is delighted to announce the acquisition of the royalty-generating rights to “LIFE” by the talented artist DaniLeigh. This strategic acquisition is a testament to Music Licensing, Inc.’s unwavering commitment to enhancing its portfolio with premium, high-quality assets. The acquisition of “LIFE” by DaniLeigh represents a significant milestone for Music Licensing, Inc., reflecting our dedication to securing valuable intellectual property that drives growth and provides exceptional value to our investors. We believe that this addition will not only bolster our portfolio but also reinforce our market position as an industry innovator. Investors can look forward to continued...

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SKYX Announces Issuance of 6 Additional Patents in the U.S. and Globally including China, India, Europe, Canada, and Mexico for its Advanced Smart Plug & Play Ceiling Fan & Heater

Written by Customer Service on . Posted in Public Companies.

SKYX’s Enhances its Robust Patent Portfolio Now Totaling over 94 Issued and Pending Patents with over 36 Issued Patents in the U.S. and Globally SKYX’s Robust Patent Portfolio Includes Technologies that Enable and Enhance Performance of Smart Home and AI Sensors, in Addition to Home Safety Sensors MIAMI, June 24, 2024 (GLOBE NEWSWIRE) — SKYX (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive smart platform technology company with over 94 issued and pending patents in the US and globally, announced today the issuance of 6 additional patents in the U.S. and internationally, including China, India, Europe, Canada, and Mexico for its advanced smart Plug & Play Ceiling Fan & Heater. SKYX owns over 60 lighting and home décor websites with a mission to make homes and buildings become smart, safe, and...

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FRNT Introduces New Institutional Bitcoin and Ether-Backed Lending Platform with BitGo Custody Solutions

Written by Customer Service on . Posted in Public Companies.

The new front-to-end platform offers users all relevant risk-management tools for both borrower and lender, manages liquidations and provides automated margin notifications for borrowers. TORONTO, June 24, 2024 (GLOBE NEWSWIRE) — FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) (FSE: XZ3) (“FRNT” or the “Company”) is pleased to announce its partnership with BitGo, a leading qualified custodian in the digital assets space, and the launch of its new institutional-only lending platform, aiding the origination and maintenance of BTC and ETH-backed loans. The platform offers significant advantages to both lenders and borrowers over existing industry structures.  FRNT’s new lending interface leverages a tri-party structure to mitigate counterparty risk by using a bankruptcy remote third-party custodian, BitGo, ensuring that the...

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SELLAS Announces U.S. FDA Rare Pediatric Disease Designation Granted to SLS009 for the Treatment of Pediatric Acute Lymphoblastic Leukemia

Written by Customer Service on . Posted in Public Companies.

– Acute Lymphoblastic Leukemia (ALL) is the Most Common Type of Cancer in Children – – Rare Pediatric Disease Designation (RPDD) Provides Eligibility for SLS009 to Receive a Priority Review Voucher (PRV) Upon Marketing Approval that can be Transferred/Sold to Other Parties – – Past Sales of PRVs Have Averaged More Than $100 Million – NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) (“SELLAS” or the “Company”), a late-stage clinical biopharmaceutical company focused on the development of novel therapies for a broad range of cancer indications, today announced that the U.S. Food and Drug Administration (FDA) has granted Rare Pediatric Disease Designation (RPDD) to SLS009, a highly selective CDK9 inhibitor, for the treatment of pediatric acute lymphoblastic leukemia...

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