Month: July 2024

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...

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...

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,...

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...

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,...

ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) — Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) announces it has acquired the Environmental Waste Operations Center (EWOC) near Oak Ridge, Tennessee. The EWOC facility has been leased by the Company for several years and this purchase solidifies Perma-Fix’s plans to invest in facility upgrades to capitalize on regional opportunities, including large-scale decontamination projects, waste processing, trans-loading from truck to rail, and the future implementation of PFAS (Per- and polyfluoroalkyl substances) waste processing capabilities. Spanning over 29,000 square feet of licensed storage and processing area for radioactive materials on an 8-acre site, the EWOC facility is strategically located in the northwest portion of the Heritage Center near Oak Ridge, TN. The...

CHICAGO, July 30, 2024 (GLOBE NEWSWIRE) — Vocodia Holdings Corp. (CBOE: VHAI), a pioneering AI software company specializing in practical AI solutions, today announced that Greg Duffell and Peter Stockmann of Vulcain.ai join Vocodia Holdings Corp. as Strategic Advisors, bringing a wealth of global expertise that will help open doors for Vocodia. Brian Podolak, Founder and CEO of Vocodia, commented, “We are excited that Greg and Peter will be joining Vocodia as strategic advisors. Each brings with them extensive development and management expertise from the travel and auto industries as well as a wealth of knowledge in Artificial Intelligence applications that will potentially enable us to open doors for some of our verticals in our pipeline. Their addition to our collection of keen minds among our other strategic advisor, will...

Google India’s Country Head of Connectivity Joins DigiAsia to Guide the Development of AI Infrastructure NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) — DigiAsia Corp. (NASDAQ: FAAS) (“DigiAsia” or the “Company”), a leading Fintech as a Service (“FaaS”) ecosystem provider, today announced that Gulzar Azad, an accomplished technology leader and entrepreneur, is DigiAsia’s first appointee as a strategic advisor to its recently established AI strategic advisory board. DigiAsia’s formation of an advisory board serves a critical purpose in navigating the trajectory of the Company as it rapidly introduces AI technology and capabilities to provide efficiency to enterprise clients in Indonesia at scale. Mr. Azad’s motivation to democratize technology through innovation will significantly benefit DigiAsia’s initiatives to build its...

MALVERN, Pa., July 30, 2024 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced that it entered into a debt facility of up to $90 million with Perceptive Advisors LLC (Perceptive). Under the term loan, Neuronetics received the first tranche of $50 million at closing. Part of the initial $50 million tranche will be used to pay off, in full, the Company’s existing SLR Capital term loan. Upon achieving certain milestones, a second tranche of $15 million will be available until December 31, 2025. Under the third tranche, the Company can request to borrow $25.0 million on or before June 30, 2026. “We are pleased to announce this new credit facility...

PEKIN, Ill., July 30, 2024 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced it will release its second quarter 2024 financial results after the close of market on Tuesday, August 6, 2024. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time and will deliver prepared remarks via webcast followed by a question-and-answer session. How to participate:To listen to the webcast, visit the Alto Ingredients website. To receive a number and unique PIN by email, register here. To dial directly twenty minutes prior to the scheduled call time, please dial (833) 630-0017 domestically and (412) 317-1806 internationally.The webcast will be archived...