Month: June 2024
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...
Critical Metals Corp. to Acquire Tanbreez, One of the World’s Largest Known Rare Earths Assets
Written by Customer Service on . Posted in Mergers And Acquisitions.
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...
Twelve Seas Investment Company II Announces Third Extension Not to be Implemented and Company to Liquidate
Written by Customer Service on . Posted in Mergers And Acquisitions.
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,...
Enservco Corporation Provides Update Concerning Non-Compliance with NYSE American Listing Standards
Written by Customer Service on . Posted in Public Companies.
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...
Ocwen Financial Officially Rebrands as Onity™ Group
Written by Customer Service on . Posted in Public Companies.
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...
Teladoc Health Names Chuck Divita as CEO
Written by Customer Service on . Posted in Public Companies.
Experienced Healthcare Leader to Head Global Virtual Care CompanyCharles “Chuck” Divita, IIITeladoc Health Chief Executive OfficerPURCHASE, 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...
Sydbank share buyback programme: transactions in week 23
Written by Customer Service on . Posted in Public Companies.
Company Announcement No 22/2024Peberlyk 46200 AabenraaDenmark
Tel +45 74 37 37 37Fax +45 74 37 35 36
Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk10 June 2024
Dear Sirs
Sydbank share buyback programme: transactions in week 23On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.
The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.
The following transactions have been made under the share...
Nevada Copper Files for Chapter 11 Bankruptcy Protection
Written by Customer Service on . Posted in Public Companies.
YERINGTON, Nev., June 10, 2024 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) and its subsidiaries (collectively, “Nevada Copper” or the “Company”) today announced that they have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the District of Nevada. As disclosed in recent news releases and securities filings, the Company was in discussions with its key stakeholders and other parties to obtain funding and/or enter into a change of control transaction. However, those discussions have failed to result in obtaining such funding or other transaction, and the Company has been unable to secure additional interim funding from its key stakeholders. As a result, the Company is unable to continue carrying on business.
In conjunction with the...
Oculis Announces Positive Topline Results of Phase 2b RELIEF Trial with Licaminlimab, Designed to Transform the Treatment Paradigm of Dry Eye Disease with a Precision Medicine Strategy
Written by Customer Service on . Posted in Public Companies.
Improvements in multiple sign efficacy endpoints were observed in full population and with predictive and more pronounced effects in the TNFR1 genetic biomarker population as identified in prior successful Phase 2 symptoms trial
Rapid treatment effect on corneal inflammation was observed in TNFR1 genetic biomarker patients as early as Day 15 and was statistically significant at final efficacy visit on Day 43
Licaminlimab was well tolerated similar to vehicle
Company plans to finalize Phase 3 development plans following an End-of-Phase 2 (EoP2) meeting with the U.S. Food and Drug Administration (FDA)
An investor and analyst webcast will be held today at 8:30am US Eastern TimeZUG, Switzerland, June 10, 2024 (GLOBE NEWSWIRE) — Oculis Holding AG (Nasdaq: OCS) (“Oculis”), a global biopharmaceutical company purposefully driven to...
VEON and Kyivstar increase Ukraine investment commitment to USD 1 billion, attend Ukraine Recovery Conference in Berlin
Written by Customer Service on . Posted in Public Companies.
Berlin and Kyiv, 10 June 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine’s digital infrastructure to USD 1 billion over the five-year period from 2023 through 2027. This is an increase from the previously announced USD 600 million investment commitment for the three-year period between. The commitment will fund investments into network and digital services, including potential acquisitions or the development of new assets, social contributions and partnerships.
The Chairman of VEON board of directors and VEON founder Augie Fabela, VEON and Kyivstar board member and former U.S. Secretary of State Michael R. Pompeo, and Kyivstar...
