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Month: June 2024

BIGG Digital Assets Subsidiary TerraZero Deploys Stripe Integration for Intraverse Ecommerce to Generate Revenue

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to report that TerraZero has successfully implemented Stripe into their Intraverse technology ecosystem to facilitate ecommerce for merchants, artists, brands, and TerraZero. TerraZero worked with PricewaterhouseCoopers to form a go-to-market strategy for payments, culminating in the selection of Stripe as the technology for payments. This gives artists, brands, creators and other merchants looking to monetize their crafts on Intraverse a secure way to sell, and an equally secure system for users across the platform to make purchases. Stripe saw an increase...

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Prenetics Announces First Quarter 2024 Financial Results

First Quarter Revenue Increased 30.2% and Gross Profit Increased 159.8% from Prior Year Quarter Confirms Strategic Pivot Targeting the U.S. Consumer Healthcare Market Reaffirms 2024 Revenue Range of US$33 million to US$36 million LOS ANGELES, June 18, 2024 (GLOBE NEWSWIRE) — Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company, today announced unaudited financial results for the first quarter ended March 31, 2024, along with recent business updates. First Quarter 2024 Financial HighlightsRevenue from continuing operations of US$6.4 million in the first quarter 2024, an increase of 30.2% as compared to the first quarter 2023. Gross profit from continuing operations of US$3.8 million in the first quarter 2024, an increase of 159.8% as compared to the first quarter 2023. Adjusted...

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FOXO Technologies Inc. Secures Up to $2.8 Million in Senior Notes to Fund Previously Announced Acquisition of Myrtle Recovery Centers, Inc. and Provide Additional Working Capital

MINNEAPOLIS, MN, June 18, 2024 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (NYSE American: FOXO) (the “Company” or “FOXO”), today announced that it has secured up to $2.8 million in Senior Notes from an institutional investor (“Investor”) to fund the previously announced acquisition of Myrtle Recovery Centers, Inc. as well as provide additional working capital to support the Company’s growth strategy.  Mark White, Interim CEO of FOXO, said, “We appreciate the support of this institutional investor, which we believe is further validation of our business model. Specifically, we intend to use the proceeds to complete the acquisition of Myrtle Recovery Centers, Inc., as well as advance our planned acquisition of Scott County Community Hospital, Inc. (d/b/a Big South Fork Medical Center). As previously noted, we believe these two acquisitions...

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La Rosa Holdings Corp Announces Plans to Acquire Controlling Interest in Red Door Title

Title insurance capabilities aimed at broadening service offerings and equipping agents with new tools to compete and win in the market Celebration, FL, June 18, 2024 (GLOBE NEWSWIRE) — La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has entered into a non-binding Letter of Intent to acquire a controlling interest in Nona Title Agency, which operates under the name Red Door Title, a full-service escrow settlement and title company headquartered in Orlando, Florida. The Company anticipates finalizing the transaction by the end of July. Once complete, the transaction would allow La Rosa to provide title insurance services for home purchases and sales, complementing its existing...

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WEST MINING CORP. RETAINS VENTURE LIQUIDITY PROVIDERS INC.

VANCOUVER, B.C., June 18, 2024 (GLOBE NEWSWIRE) — WEST MINING CORP. (“WEST” OR THE “COMPANY”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce that it has retained Venture Liquidity Providers Inc. (“VLP”) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the CSE and other applicable laws. For its services, the Company has agreed to pay VLP $5,000 per month, commencing on June 18, 2024. The agreement has an initial term of three months, following which it will renew for successive one month terms, provided that after the initial three month term the agreement may be terminated by either...

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Banzai Releases Record-Setting Mid-Year Customer Satisfaction Results

Exceptional Scores and Prestigious Awards Highlight Banzai’s Commitment to Customer Excellence SEATTLE, June 18, 2024 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, proudly announces its record-setting mid-year customer satisfaction results for 2024. Demonstrating unwavering commitment to excellence, for the year to date 2024, Banzai has achieved an outstanding Net Promoter Score (NPS) of 53 and an exceptional Customer Satisfaction (CSAT) score of 96.1%. These remarkable metrics underscore Banzai’s dedication to exceeding customer expectations consistently. An NPS of 53 places Banzai in the ‘excellent’ category, reflecting the high likelihood of customers to recommend Banzai’s...

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Cancer Gene Therapy Market to Lead at 20.42% CAGR by 2031 | Skyquest Technology

Westford, USA, June 18, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the cancer gene therapy market will attain a value of USD 12.63 billion by 2031, with a CAGR of 20.42% during the forecast period (2024-2031). Evolution in genetic research and therapeutic approaches have fostered a powerful growth in the cancer gene therapy market. Gene therapies enable targeted interventions at the genetic level, presenting a huge potential in cancer treatments. Hence, this market encounters severe push from the upward trajectory of global cancer incidence and growing demand for personalized medicine, to use gene therapy as a promising treatment path for cancer patients. On top of that, intensive research and development activities, positive governmental policies, and research institutions in collaboration with pharmaceutical firms have worked...

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Carbon Capture, Utilization and Storage Market to Surge at 11.8% CAGR by 2031 | Skyquest Technology

Westford, USA, June 18, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Carbon Capture, Utilization and Storage Market will attain a value of USD 6.16 billion by 2031, with a CAGR of 11.8% during the forecast period (2024-2031). Carbon capture and storage or CCS is a relatively new technology, that has come forward due to increasing awareness related to the growing   environmental impact of carbon emissions. It can minimize CO2 emissions significantly as well as help us to meet demanding climate goals. As a result, it is promoted by governments through several demonstration projects in different industries around the world. CCS is being viewed as a critical technology which can help us in wide-scale adoption of renewable energy sources such as wind and solar, without which fossil fuels will continue to dominate energy generation...

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Pressure BioSciences, Inc. to Host Business and Financial Update on Thursday, June 20th at 4:30pm ET

NOTE CHANGE IN DATE OF UPDATE CALL TO THURSDAY JUNE 20th CANTON, Mass., June 18, 2024 (GLOBE NEWSWIRE) — Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBIO” and the “Company”) today announced that the Company will host a teleconference to update investors and other stakeholders in the Company on a number of business and financial topics. The teleconference is scheduled for Thursday, June 20, 2024 at 4:30pm ET. Topics to be discussed include:FY 2023 financial and business results. FY 2024 financial and business outlook. Status of Company’s relocation to its new manufacturing facility. Status of Company’s new Joint Venture Program. Update on Uncle Bud’s Health and Wellness Product expansion – expected Q3/Q4 2024 release of new nanoemulsified products, including:Next Generation Skincare (with nano-retinol). Next Generation Nootropic...

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AgriFORCE Appoints Jolie Kahn as Chief Executive Officer

Seasoned turnaround advisor and corporate attorney brings over 25 years leadership experience in the public markets VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, announces the appointment of Jolie Kahn as new Chief Executive Officer for the Company. David Welch, AgriFORCE Chairman, comments, “Jolie brings significant experience and pedigree to the Company at a key inflection point in our development. Her deep experience in blockchain, cryptocurrency and helping public companies navigate through the various challenges they routinely face, combined with her strategic acumen – always tempered by her experience as an SEC attorney – will serve the Company well. We look forward to executing on our...

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