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Day: July 11, 2024

Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing

VANCOUVER, British Columbia, July 11, 2024 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (Frankfurt: 8CT) (the “Company” or “Cannabix”) reports that early testing by Omega Laboratories Inc (“Omega Laboratories” or “Omega”) with the Company’s marijuana breathalyzer technology have garnered positive results. Omega has commenced pre-validation scoping work to establish limits of detection (LOD) and limits of quantification (LOQ) as well as the cutoff level for the detection of delta-9 THC (primary psychoactive ingredient in cannabis) in breath. Recently, Cannabix entered into a strategic partnership and development agreement with Omega Laboratories to advance the development and commercialization of the Cannabix marijuana breathalyzer technology. Omega Laboratories is an international industry leader in...

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Rectitude Celebrates Completion of Initial Public Offering with Nasdaq Bell Ringing Ceremony

Rectitude Bell Ringing Ceremony Picture Rectitude Executive Team SINGAPORE, July 11, 2024 (GLOBE NEWSWIRE) — Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced that its management team participated in a Nasdaq Bell Ringing Ceremony at Capella Singapore. Nasdaq investor relations and IPO director for Asean, Hiren Krishnani, attended the ceremony. The bell ringing ceremony highlights the Company’s successful initial public offering and listing on Nasdaq. The Company began trading on Nasdaq on June 21, 2024 under the ticker symbol “RECT”. “This bell ringing ceremony marks a historic moment for all of us at Rectitude as we celebrate our successful listing on Nasdaq, one of the world’s premier equity markets,” said...

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Kforce Inc. Announces Participation in Wells Fargo FinTech, Information and Business Services Forum

TAMPA, Fla., July 11, 2024 (GLOBE NEWSWIRE) — Kforce Inc. (NYSE: KFRC), a provider of professional staffing services and solutions, today announced that management will participate in the 9th Annual Wells Fargo FinTech, Information & Business Services Forum at the Newport Harbor Island Resort in Rhode Island on August 21, 2024. The investor presentation can be accessed at http://investor.kforce.com/ under “Events and Presentations”. About Kforce Inc. Kforce is a solutions firm specializing in technology, finance and accounting, and professional staffing services. Our KNOWLEDGEforce® empowers industry-leading companies to achieve their digital transformation goals. We curate teams of technical experts who build solutions custom-tailored to each client’s needs. These scalable, flexible outcomes are shaped by deep market knowledge,...

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FTI Consulting to Release Second Quarter 2024 Results and Host Conference Call

WASHINGTON, July 11, 2024 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the second quarter ended June 30, 2024 before the New York market opens on Thursday, July 25, 2024. A conference call will be held to discuss these financial results on Thursday, July 25, 2024, at 9:00 a.m. Eastern Time and will be hosted by senior management. The conference call will be simulcast live on the Internet and can be accessed by logging onto the Company’s investor relations website. A replay of the webcast will be available on the Company’s investor relations website for 90 days. About FTI ConsultingFTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational,...

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Hillman Sets Second Quarter 2024 Earnings Release and Results Presentation Date

CINCINNATI, July 11, 2024 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen weeks ended June 29, 2024 on Tuesday, August 6, 2024 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation. Chairman, President, and Chief Executive Officer Doug Cahill; Chief Operating Officer Jon Michael Adinolfi; and Chief Financial Officer Rocky Kraft will host the results presentation. Results Presentation Details:            Date: Tuesday, August 6, 2024            Time: 8:30 a.m. Eastern Time            Listen-Only Webcast: https://edge.media-server.com/mmc/p/rc53kxup Research analysts wishing to participate in the call’s live...

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Palisade Bio Announces Successful Completion of First GMP Manufacturing of PALI-2108 Drug Substance and Engineering Batches of Drug Product

Company has now completed murine and non-murine pivotal nonclinical studies using GMP PALI-2108 drug substance Company has successfully formulated enteric-coated tablets of PALI-2108 and has demonstrated consistent and reliable drug release profiles Company on track to commence Phase 1 human clinical study of PALI-2108 for the treatment of moderate-to-severe ulcerative colitis (UC) before year end Carlsbad, CA, July 11, 2024 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade” or the “Company”), a biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced the successful completion of the first Good Manufacturing Practice (GMP) batch of its drug substance PALI-2108, an orally administered, locally acting colon-specific...

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Victory Square Company Hydreight Expands Its “At-Home Blood Testing” Solution with More Tests To All 50 States

In a joint-venture with a national laboratory, Hydreight and its medical network are expanding at-home lab tests spanning a range of general wellness, nutrition, heart health, blood sugar, sexual health, thyroid, inflammation and gut health by Q4, 2024. VANCOUVER, British Columbia, July 11, 2024 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investor access to a portfolio of 25+ innovative companies from around the world in a single stock, is pleased to share that its portfolio company – Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to...

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SMC Announces Retirement of Additional $436,884 of Debt

BOCA RATON, Fla., July 11, 2024 (GLOBE NEWSWIRE) — SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the retirement of an additional $436,884 of debt in the form of consulting fees and management conversion of accrued earnings (the “Debt”). The Debt retirement will be reflected in the Company’s third quarter 2024 financial statements. The Debt is comprised of $300,374 held by one of our non-affiliate debt holders. The balance of $136,500 is comprised of accrued consulting fees held by current insiders, and all of the Debt was converted to the Company’s common shares at $0.002 per share, for a total of 68,250,000. All share...

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Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025

Provides Sales Guidance for Second Quarter of Fiscal 2025 and Anticipates Continued Sales Growth for Fiscal 2025 MILTON, N.Y., July 11, 2024 (GLOBE NEWSWIRE) — Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its first quarter of fiscal year 2025, ended May 31, 2024. First Quarter FY2025 Financial Highlights: (Compared with prior-year period unless otherwise noted) Net Sales for the quarter increased 40% to $5,031,000 compared to $3,603,000 in the prior year period, driven by strong shipments to the Medical and Alternative/Clean Energy markets. Gross Profit increased 38% to $2,454,000 compared to $1,777,000 in the prior year period. Operating Income increased $330,000 to $238,000, from an operating loss of $92,000 at May 31, 2023. The...

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Methode Electronics, Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results

Positive Fourth Quarter Free Cash Flow Net Debt at Lowest Level of the Fiscal Year Over $140 Million in Program Awards in Fourth Quarter Fiscal 2025 Actions Expected to Reposition Company for Growth in Fiscal 2026 Jon DeGaynor Appointed President, CEO and a Member of the Board of Directors CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the fourth quarter and full year ended April 27, 2024. Fiscal Fourth Quarter 2024 Highlights Net sales were $277.3 million Electric and hybrid vehicle applications were 14% of net sales Goodwill impairment of $49.4 million in North American Automotive reporting unit Net loss was $57.3 million, or...

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