Month: June 2024

BETHESDA, Md., June 18, 2024 (GLOBE NEWSWIRE) — EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has onboarded Dan Bostwick and Bob Wallace to lead the Expatriate Banking Services division. This new division aims to meet a strong demand for these services and builds upon EagleBank’s long-term growth strategy, including its recently launched consumer business expansion and digital banking platform. Dan Bostwick and Bob Wallace joined EagleBank with over 20 years of experience each in Expatriate Banking Services. In their roles, they focus on building and strengthening relationships with global corporations and relocation service providers. “As EagleBank continues to enhance and diversify its business model, the Expatriate Banking Services division is an important growth...

SANTA ANA, Calif., June 18, 2024 (GLOBE NEWSWIRE) — Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces a significant milestone in its ongoing strategic financial restructuring. On June 10, 2024, Unrivaled Brands, Inc., a wholly owned subsidiary of Blüm Holdings, completed the sale (the “Disposition”) of its controlling membership interest in People’s First Choice LLC (“PFC”) to Haven Nectar LLC (“Haven Nectar”). PFC owns and operates a cannabis retail dispensary campus in Santa Ana, California named Blüm Santa Ana. Key Highlights of the Disposition The Disposition marks a significant milestone in the Company’s strategic restructuring plan, which began in August 2022. Based on estimates included in the unaudited pro forma...

$10 million funding round from U.S. and EU strategic investors, will accelerate growth and empower efficient cultivated meat, fish and seafood production at global scale, potentially tackling significant scalability challenges faced by the cultivated food industryRound led by global corporates with significant equipment, manufacturing, supply chain, and product development experience, alongside a second investment from Tnuva Group, Pluri and additional investors “Ever After Foods’ unique and innovative production platform empowered the change to our business model. The shift to a technology enabler will allow us to serve more players in the value chain,“ said Eyal Rosenthal, Chief Executive Officer of Ever After FoodsHAIFA, Israel, June 18, 2024 (GLOBE NEWSWIRE) — Leading biotechnology company Pluri Inc....

BEIJING, June 18, 2024 (GLOBE NEWSWIRE) — Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding,” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, announced today that as of June 15, the total number of online view counts of topics including # Mystical Realm of Mountains and Seas and # CHEERS Telepathy on social media platforms, including TikTok, Kuaishou, Red, Tencent Video, iXigua and Weibo has exceeded 11 million, creating heated discussions among audiences since the first release on June 5, 2024. Inspired by magnificent and imaginative ancient Chinese masterpiece, The Classic of Mountains and Seas. The first season has five episodes: The Tree of the Evil Spirit, The Beginning of the World in Chaos, Taoyuan Estate, The Birth of the Evil God, and The...

CHANTILLY, Va., June 18, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) and the Niagara International Transportation Technology Coalition (NITTEC) are pleased to announce the successful launch of AllRoads, NITTEC’s multi-agency, technology-enabled, integrated regional mobility management system. This smart mobility solution services the Buffalo-Niagara region in Western New York State and Southern Ontario. Since 2022, Parsons has worked closely with NITTEC to design, develop, and implement the first bi-national deployment of AllRoads. The solution is built on Parsons’ artificial intelligence (AI) based Smart Mobility Solution, iNET®, which seamlessly integrates with the client’s existing advanced traffic management system, transit operations, and traffic signal network. The integrated mobility management system furthers...

SHENZHEN, CHINA, June 18, 2024 (GLOBE NEWSWIRE) —Innovative drug Methylthioninium Chloride Enteric-coated Sustained-release Tablets (Lumeblue®) is an oral diagnostic drug, approved by China’s NMPA for enhancing visualisation of colorectal lesions in adult patients undergoing screening or surveillance colonoscopy. The results of the Phase III clinical trial in China show that the Product can significantly improve the detection rate of non-polypoid colorectal lesions (the primary endpoint of the study), leading to an improved detection rate of dangerous lesions such as non-polypoid adenomas (the secondary endpoint). The Product can be taken during the bowel preparation step, ensuring that colorectal staining is completed by the time colonoscopy is conducted. This not only enhances the detection rate of colorectal lesions but also...

Company announcement, Helsinki, 18 June 2024 at 11:30 AM (EEST) Nexstim Plc: Disclosure of Major Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act Nexstim Plc (NXTMH:HEX) (”Nexstim” or ”Company”) has received a notification pursuant to chapter 9, section 5 of the Securities Market Act from Ossi Haapaniemi on 17 June 2024. The notification is based on the amendment to the Securities Market Act effective April 19, 2024, requiring shareholders to notify the target company and the Financial Supervisory Authority of their ownership and voting shares no later than two months after the enactment of this law if the shareholder’s stake in the target company is at least five percent at the time the law takes effect and such share has not been previously disclosed. Total position of person subject to the notification...

– Interest Rate Cut May Bring Some Relief as Business Owners Grapple with Loan Repayments – Equifax® Canada’s Market Pulse Q1 2024 Business Credit Trends TORONTO, June 18, 2024 (GLOBE NEWSWIRE) — According to the latest data from Equifax® Canada’s Market Pulse Q1 2024 Business Credit Trends Report, new installment loan originations surged by 74 per cent year-over-year in the second half of 2023. Businesses that raced to meet the Canada Emergency Business Account (CEBA) forgiveness deadline of January 18th, 2024 could potentially be driving this higher-than-seasonal demand. “While it may feel like CEBA is moving into the rear-view mirror, it’s truly a matter of businesses turning to new installment loans to secure their financial stability,” said Jeff Brown, Head of Commercial Solutions for Equifax Canada....