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Day: August 13, 2024

Solidion Technology Reports Results for Q2 2024

Net Income of approximately $22 Million and EPS of $0.23 primarily due to change in value of derivative liabilities $2.9 million loss from continuing operationsDALLAS, Aug. 13, 2024 (GLOBE NEWSWIRE) — Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced it has released financial and operating results for the second quarter of 2024. The unaudited condensed consolidated financial statements of Solidion and additional information, including updated pro forma information, can be found in Solidion’s Form 10-Q, filed with the Securities and Exchange Commission on August 13th, 2024 (the “Form 10Q”). This earnings release should be read together with the information contained in the Form 10-Q. Select 2nd Quarter HighlightsNet Income of $22,018,416,...

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LPL Highlights Advanced Solutions for Advisors to Thrive Throughout the Lifecycle of Their Business

At Focus 2024, its flagship industry conference, LPL features strategic priorities and expanded portfolio of resources to help advisors nurture highly successful businesses SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) — At its annual Focus conference, LPL Financial LLC shared its priorities for helping financial advisors and financial institutions advance their businesses by providing personalized support that enables custom client experiences, building flexible operating environments by leveraging innovative technology, and supporting advisors’ growth and legacy planning. “Being the best firm in our industry at helping clients define and maximize their success throughout their business lifecycle. For all of us at LPL, that’s our very clear vision for the company’s success,” said Rich Steinmeier, chief growth officer, LPL Financial,...

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Star Equity Holdings, Inc. Announces 2024 Second Quarter Financial Results

Timber Technologies acquisition marks major Company milestone; diversifies Building Solutions division revenue streams and improves Star’s overall cash flow and profitability Recent sale-leaseback transactions significantly improve liquidity position and ability to execute growth strategy Announces $1 million common stock repurchase program OLD GREENWICH, Conn., Aug. 13, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) ended June 30, 2024. All 2024 and 2023 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 reporting period, unless stated otherwise, relate to continuing operations, which currently...

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Janover Reports Second Quarter 2024 Financial Results and Provides Business Update

With Another Quarter of Sequential Revenue Growth Achieved a Record 20% of Total Revenue from Recurring and Subscription Revenue BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) — Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, provided a business update, and announced its financial results for the second quarter ended June 30, 2024. Q2 2024 Financial Highlights7% sequential increase in revenue for Q2 2024 compared to Q1 2024; 20% of revenue from recurring and subscription revenue in Q2 2024; Groundbreaker Platform achieved profitability in Q2 2024, with over 200% quarterly increase in operating margin; Janover Insurance Group achieved profitability in its second month of operation, increasing total recurring revenue by more than 60% in May; $3.2 million...

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First Pacific Bank Announces Promotion of Tony DiVita to Executive Vice President, Chief Operating Officer

WHITTIER, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) — First Pacific Bank, the wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC), is pleased to announce the promotion of Tony DiVita to Executive Vice President, Chief Operating Officer, effective immediately. In his new role, he will focus on driving operational efficiency and aligning our strategic goals to ensure we continue to deliver exceptional value to our customers. Tony DiVita, previously serving as Executive Vice President, Chief Banking Officer, has been a pivotal figure in the Bank’s success. His leadership, strategic vision, and unwavering commitment to the company’s mission and values have significantly contributed to the growth and stability of First Pacific Bank. “Tony has a wealth of experience and a proven track record of driving growth...

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NeurAxis Announces BCBS of Vermont Medical Policy Coverage for PENFS, effective October 1st 2024

CARMEL, Ind., Aug. 13, 2024 (GLOBE NEWSWIRE) — NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing chronic and debilitating conditions in children and adults, today announced medical policy coverage for Percutaneous Electrical Nerve Field Stimulation (PENFS), for Blue Cross Blue Shield (BCBS) of Vermont Medical Members, effective 10/1/2024. This medical policy will bring our national total coverage for PENFS to roughly 23 million, with more decisions from major payers still pending. IB-Stim™ is a non-surgical device that sends gentle electrical impulses into cranial nerve bundles in the ear. NeurAxis’ PENFS technology is FDA-cleared for functional abdominal pain associated with irritable bowel syndrome (IBS) in adolescents...

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CPP Announces Acquisition and Rehabilitation of Sycamore Village Apartments in Pittsburg, Kansas

With the planned renovation, the 128-unit property’s affordability will be preserved until 2044 PITTSBURG, Kan., Aug. 13, 2024 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Sycamore Village Apartments, an affordable housing community in southeast Kansas, near the Missouri border. CPP is partnering with Riverstone Platform Partners, LLC, a full-service real estate development and consulting company focusing on affordable, workforce, and market rate multifamily assets.Built in 1972, the 11-acre property was last renovated in 2006 and will undergo extensive improvements, creating a more enjoyable and family friendly environment for its residents. With a renovation cost of $188,924 per unit and a purchase...

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CMUV Bancorp Announces 3rd Quarter 2024 Cash Dividend

EL CENTRO, CA, Aug. 13, 2024 (GLOBE NEWSWIRE) — The Board of Directors of CMUV Bancorp, the bank holding company for Community Valley Bank, has approved a $0.12 3rd Quarter cash dividend per common share. The dividend will be payable on September 30, 2024, to all shareholders of record on September 6, 2024. Media Contact:Jon A EdneyPhone: 7603521889Email: mediarelations@yourcvb.com

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Medical Imaging Market to Reach USD 60.0 Billion by 2031, Growing at 5.2% CAGR | SkyQuest Technology

Westford, USA, Aug. 13, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Medical Imaging Market will attain a value of USD 60.0 billion by 2031, with a CAGR of 5.2% during the forecast period (2024-2031). With the increasing prevalence of chronic cardiovascular diseases and the restructuring of health care systems, there has been an increased emphasis on early detection. The Centers for Disease Control and Prevention (CDC) estimates that coronary artery disease (CAD) affects 18.2 million adults each year in the United States. Diagnostic imaging uses various imaging techniques to obtain visual images of the body for diagnosis and treatment. This includes various forms of capturing images of the human body for diagnosis and treatment, and thus play an important role in improving overall health. 350 million tests are done for pediatric...

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Studio City International Holdings Limited Announces Unaudited Second Quarter 2024 Earnings

MACAU, Aug. 13, 2024 (GLOBE NEWSWIRE) — Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the second quarter of 2024. Total operating revenues for the second quarter of 2024 were US$161.5 million, compared with total operating revenues of US$115.2 million in the second quarter of 2023. The increase was primarily attributable to the continued recovery in inbound tourism in Macau during the second quarter of 2024, and the ramp up of operations following the opening of Studio City Phase 2 in April 2023, which led to an increase in revenue from casino contract and higher non-gaming revenues. Studio City Casino generated gross gaming revenues of US$339.3 million and US$214.5 million for the...

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