Day: August 7, 2024
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 7 AUGUST 2024 AT 6:20 PM (EEST)
Cargotec’s Board of Directors has resolved on the adjustment of the ongoing share-based incentive programmes due to the demerger
Cargotec Corporation has the ongoing share-based incentive programmes listed further below which for the relevant part continue as Cargotec’s programmes following the partial demerger of Cargotec, registered on 30 June 2024 (the ”LTI Programmes”).
In accordance with the Demerger and Listing Prospectus dated 22 May 2024, Cargotec’s Board of Directors has now resolved on the adjustment of the LTI Programmes so as would be payable in rewards expressed in shares of Cargotec Corporation only.
Based on the above, the respective approximate maximum numbers of Cargotec class B shares payable based on the LTI Programmes are:
Performance share...
Brightstar Capital Partners Acquires Best Choice Roofing, a National Provider of Residential Roofing Services
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW YORK and HENDERSONVILLE, Tenn., Aug. 07, 2024 (GLOBE NEWSWIRE) — Brightstar Capital Partners (“Brightstar”), a middle market private equity firm focused on investing in industrial, manufacturing, and services businesses, announced today that it has acquired Best Choice Roofing (“BCR” or the “Company”), the nation’s largest platinum roofing company with more than 85 locations across 24 states.
Founded in 2009, Best Choice Roofing has serviced more than 60,000 customers across the country, and offers a comprehensive range of services including roof inspections, repairs, and replacements. BCR has achieved sustained growth by rapidly scaling its operations, developing robust sales practices, and building valuable industry relationships. As a platinum purchaser with Owens Corning, Best Choice Roofing demonstrates its strong market...
AMERICAN SALARS ANNOUNCES OTC TICKER SYMBOL CHANGED TO “USLIF” AND DTC ELIGIBILITY
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, BC, Aug. 07, 2024 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. (“AMERICAN SALARS” OR THE “COMPANY”) (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) announces that its common shares will commence trading under the symbol “USLIF” effective today August 7th, 2024, on the OTC Markets, a US trading platform that is operated by the OTC Markets Group in New York. The Company’s common shares will continue to trade on its primary market, the Canadian Stock Exchange (“CSE“) under the symbol “USLI” as well as on the Frankfurt Stock Exchange (“Frankfurt”) under the symbol “Z3P”.
In addition, the Company is pleased to announce that it has received DTC eligibility by The Depository Trust Company (“DTC“), a subsidiary of the Depository Trust & Clearing Corporation...
The Public Cloud Market: A $987.7 billion Industry Dominated by | AWS, Microsoft, Google, Salesforce, Alibaba Cloud MarketsandMarkets™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Chicago, Aug. 07, 2024 (GLOBE NEWSWIRE) — The Public Cloud Market size is expected to grow from USD 444.7 billion in 2022 to USD 987.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period according to report by MarketsandMarkets. The term “public cloud” refers to offering numerous cloud services to various enterprises at the same time (as well as the general public) on-demand access to storage, computing, and networking services over the Internet. The public cloud providers offer free or fee-based usage-based pricing models for public cloud services. AWS, Microsoft, and Google are one of the major cloud service providers that run and administer public clouds.
Browse in-depth TOC on “Public Cloud Market”
213 – Tables 50 – Figures 288 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75044022
Public...
Team, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
Written by Customer Service on . Posted in Public Companies.
SUGAR LAND, Texas, Aug. 07, 2024 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its second quarter 2024 earnings release on Thursday, August 8, 2024 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Friday morning, August 9, 2024 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).
Interested parties in the United States may participate toll-free by dialing (877) 270-2148. Interested parties internationally may dial (412) 902-6510. Participants should ask to join “TEAM, Inc. Second Quarter...
Cyclacel Pharmaceuticals to Release Second Quarter 2024 Financial Results
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BERKELEY HEIGHTS, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) — Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; “Cyclacel” or the “Company”), a biopharmaceutical company developing innovative medicines based on cancer cell biology, will announce second quarter 2024 financial results on Wednesday, August 14, 2024. The Company will host a conference call and live webcast at 4:30 p.m. Eastern Daylight Time on the same day.
Conference call information:
Call: (800) 225-9448 / international call: (203) 518-9708
Archive: (800) 934-7884 / international archive: (402) 220-6987
Code for live and archived conference call is CYCCQ224. Webcast link
For the live and archived webcast, please visit the Corporate Presentations page on the Cyclacel website at www.cyclacel.com. The webcast will be archived for 90 days...
Mullen Announces Promotion of John Taylor to President of Commercial EV Division
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Taylor also retains role as SVP of Global Manufacturing for Mullen Automotive
In 2010, John joined Tesla and was one of the first 50 employees, leading the advanced manufacturing engineering group. Taylor played a critical role in opening Tesla’s Fremont facility and manufacturing operations for the Tesla Model S and architecture for future EV projects
BREA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces John Taylor as president of Mullen’s commercial EV division. Taylor also retains position of senior vice president of global manufacturing for Mullen Automotive.
Since joining Mullen in 2021, Taylor has played a pivotal role in the development and successful launch of the Mullen ONE Class 1 EV cargo...
SEALSQ Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Written by Customer Service on . Posted in Public Companies.
Geneva, Switzerland, Aug. 07, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that on August 1, 2024, it received a notice (the “Notice”) from The Nasdaq Stock Market, LLC (“Nasdaq”), stating that the Company’s ordinary shares, par value US$0.01 per ordinary share (the “Ordinary Shares”), fail to comply with the $1.00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Company’s Ordinary Shares for the last 30 consecutive business days prior to the date of the Notice.
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided...
ARS Pharmaceuticals to Participate in the 2024 Wedbush PacGrow Healthcare Conference
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SAN DIEGO, Aug. 07, 2024 (GLOBE NEWSWIRE) — ARS Pharmaceuticals, Inc. (Nasdaq: SPRY), a biopharmaceutical company dedicated to empowering at-risk patients and caregivers to better protect themselves from severe allergic reactions that could lead to anaphylaxis, today announced its participation in the 2024 Wedbush PacGrow Healthcare Conference being held August 13-14, 2024 in New York City. Company management will participate in one-on-one meetings with investors on Wednesday, August 14, 2024.
About ARS Pharmaceuticals, Inc.ARS Pharma is a biopharmaceutical company dedicated to empowering at-risk patients and caregivers to better protect themselves from severe allergic reactions that could lead to anaphylaxis. The Company is developing neffy (also referred to as ARS-1), an intranasal epinephrine product in clinical development...
Alpha Pro Tech, Ltd. Announces Second Quarter 2024 Financial Results
Written by Customer Service on . Posted in Public Companies.
Net income for the quarter ended June 30, 2024 was $1.6 million or $0.15 per diluted share, compared to net income of $1.1 million, or $0.10 per diluted share, for the same period of 2023, representing an increase of $498,000, or 43.5%Net sales for the second quarter of 2024 were $16.3 million, up 1.1%, compared to $16.1 million for the second quarter of 2023Building Supply segment sales decreased by $596,000 or 5.7%, to $9.9 million, compared to $10.5 million for the three months ended June 30, 2023
Disposable Protective Apparel segment sales increased by 13.8%, to $6.3 million, compared to $5.6 million for the same period of 2023Net income for the second quarter of 2024 was $1.6 million, or $0.15 per diluted share, compared to $1.1 million, or $0.10 per diluted share, for the second quarter of 2023
Cash and cash equivalents of...