Day: July 30, 2024

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Written by Customer Service on July 30, 2024. Posted in Public Companies.

Tuesday, July 30, 2024 Dear Shareholders and Investors, Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 100,000 shares in NAT at $3.6241 per share. Following these transactions, Monaco based Alexander Hansson privately owns 3,100,000 shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. For contacts, please see at the end of this communication. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities...

Morris State Bancshares Announces Quarterly Earnings, Announces Retirement of Sub-Debt Tranche and Declares Third Quarter Dividend

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

DUBLIN, Ga., July 30, 2024 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $5.3 million for the quarter ending June 30, 2024, representing an increase of $515 thousand, or 10.70%, compared to net income of $4.8 million for the quarter ended June 30, 2023. In the linked quarter comparison, the Company’s net income increased $432 thousand, or 8.82%, compared to net income of $4.9 million for the quarter ended March 31, 2024. Net interest income before provision for credit losses increased $607 thousand, or 4.68%, from prior quarter levels. Increased quarterly net earnings were a result of growth in both loan balances and loan yields which pushed the bank’s net interest margin (NIM) back over 4.00% for the year. “We are very pleased with the second...

Savi Financial Corporation Reports Second Quarter 2024 Results

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

MOUNT VERNON, Wash., July 30, 2024 (GLOBE NEWSWIRE) — Savi Financial Corporation, Inc. (OTC Pink: SVVB), the bank holding company for SaviBank, today announced a net loss of $5,000, or a loss of $0.00 per diluted share, for the second quarter of 2024, compared to a net loss of $416,000, or a loss of $0.09 per diluted share, in the first quarter of 2024. In the second quarter a year ago, the Company recorded net income of $561,000, or $0.13 per diluted share. In the first six months of 2024, the Company reported a net loss of $421,000, or a loss of $0.10 per diluted share, compared to net income of $1.03 million, or $0.23 per diluted share, in the first six months of 2023. All results are unaudited. “Our second quarter results reflected strong loan and deposit growth and net interest margin expansion. While we generated an increase...

GeoVax to Report Second Quarter 2024 Financial Results and Provide Corporate Update on August 6, 2024

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

GeoVax to Host Conference Call at 4:30 PM ET ATLANTA, GA, July 30, 2024 (GLOBE NEWSWIRE) — GeoVax Labs, Inc. (Nasdaq: GOVX), a clinical-stage biotechnology company developing immunotherapies and vaccines against cancer and infectious diseases, today announced that it will report second quarter 2024 financial results on Tuesday, August 6, 2024, after the close of U.S. markets. Following the release, management will host a live conference call and webcast, including Q&A, at 4:30 p.m. ET to provide a corporate update and discuss financial results. Conference Call DetailsDomestic: (800) 715-9871International: +1 (646) 307-1963Conference ID: 3852178Webcast: https://edge.media-server.com/mmc/p/qj3e68n8 A webcast replay of the call will be available for three months via the same link as the live webcast approximately two hours...

Correcting and Replacing – Finward Bancorp Announces Earnings for the Quarter Ended June 30, 2024

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

MUNSTER, Ind., July 30, 2024 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced corrections to its press release issued on July 24, 2024. Specifically, the following press release (i) corrects the “Performance Ratios” table set forth in the rear portion of the original press release to include line items for return on equity, return on assets, tax adjusted net interest margin, noninterest income / average assets, noninterest expense / average assets, and efficiency ratio which were inadvertently not included in the version of the original press release issued through the Bancorp’s press release distribution service, and corrects the amounts disclosed in the line items in the table for basic earnings per share (from $0.03 to $2.21), diluted earnings...

Foremost Lithium Sets Date for Special Meeting of its Plan of Arrangement to Spin-Out the Winston Group of Gold/Silver Properties

Written by Customer Service on July 30, 2024. Posted in Public Companies.

Foremost Shareholders will receive two (2) Rio Grande Resources Shares for each Foremost Share VANCOUVER, British Columbia, July 30, 2024 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announces that its Board of Directors has unanimously approved the strategic spin-out of its Winston Group of Gold and Silver Properties (the “Properties”) into a newly incorporated and independent, publicly-traded company named Rio Grande Resources Ltd. (“Rio Grande”) pursuant to a court-approved plan of arrangement (the “Arrangement”). Pursuant to the Arrangement, Foremost shareholders will receive two (2) common shares of Rio Grande for each Foremost common share and will continue to retain...

Reborn Coffee Announces Strategic Joint Venture with China’s AI Company Penglai Data Store to Lead and Develop Master Franchises in China, Hong Kong and Macao

Written by Customer Service on July 30, 2024. Posted in Public Companies.

Strategic Joint Venture Launches Reborn China to Lead All Master Franchising and Integrate Cutting-Edge AI Technology in All Store Location BREA, Calif., July 30, 2024 (GLOBE NEWSWIRE) — Reborn Coffee Inc. (NASDAQ: REBN), a leading specialty coffee retailer in the US, today announced a strategic partnership and joint venture with a prominent China AI Database Company – Penglai Data Store (Shenzhen), led by CEO Alex Guo, which develops the high performance AI database software – HetuKV optimizing the AI learning and training process for businesses. This collaboration signifies the official launch of Reborn China, an innovative venture poised to transform the coffee industry in China by incorporating advanced AI technology into every new franchise in the region. Reborn China’s new AI features will also be introduced...

Alliance Entertainment Signs Exclusive Distribution with Arcade1Up for Retail and Website Fulfillment in North America

Written by Customer Service on July 30, 2024. Posted in Public Companies.

Arcade1Up Consoles and Games Generated Over $74 Million in Revenue for Alliance Entertainment During FY2024 and Positioned for Continued Growth PLANTATION, Fla., July 30, 2024 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and collectibles, announced today an exclusive distribution agreement executed with Arcade1Up for retail and website fulfillment of the complete line of arcade and gaming products in North America. Arcade1Up licenses and manufactures home arcade consoles with over 95% market share and over 90% of key licenses in the retro gaming space. These include some of the most well-recognized arcade games like PAC-MAN, Ms. PAC-MAN, Mortal Kombat, NBA Jam,...

Evoke Pharma, Inc. Announces Reverse Stock Split

Written by Customer Service on July 30, 2024. Posted in Public Companies.

SOLANA BEACH, Calif., July 30, 2024 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTI® (metoclopramide) nasal spray, today announced that its board of directors (Board) has approved a 1-for-12 reverse stock split of the company’s common stock. The reverse stock split will become effective at 12:01 a.m. Eastern time on August 1, 2024. The company’s common stock is expected to begin trading on a split-adjusted basis on The Nasdaq Capital Market under the same symbol (EVOK) when the market opens on August 1, 2024 with the new CUSIP number 30049G302. The reverse stock split was approved by the company’s stockholders at its 2024 annual meeting, held on May 22, 2024, to be effected at...

Milestone Scientific Secures Key Patent Approvals in the U.S. and Europe

Written by Customer Service on July 30, 2024. Posted in Public Companies.

ROSELAND, N.J., July 30, 2024 (GLOBE NEWSWIRE) — Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced receipt of multiple Notices of Allowance (NOA) for essential patent applications in both the U.S. and Europe. One NOA was granted by the U.S. Patent and Trademark Office and one NOA was granted by the European Patent Office for a new patent titled “Device and Method for Needle/Catheter Location Utilizing Correlation Analysis.” These patent applications cover Milestone Scientific’s next-generation Dynamic Pressure Sensing® (DPS) technology for real-time pressure-sensing guidance in manual injection systems. The innovative DPS technology enables fluid-pressure analysis to compare pressure signals, alert pressure thresholds,...

Day: July 30, 2024

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