Day: August 15, 2024

Lotus Robotics Provides Intelligent Driving Solutions for Lynk&Co’s First All-electric Sedan

Written by Customer Service on August 15, 2024. Posted in Public Companies.

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent luxury mobility provider, today announced that its intelligent driving arm, Lotus Robotics, has provided intelligent driving solutions to Lynk&Co, a global leading automaker with operations across Europe and Asia. This collaboration marks a significant milestone in the commercialization of the Company’s advanced technology capabilities. The Company celebrates the launch of Lynk&Co Z10, which is the first all-electric flagship sedan of the Lynk&Co brand. The model, inspired by “The Next Day” concept car, features intelligent driving solutions, including highway NOA and urban NOA, provided by Lotus Robotics. Reservations for Lynk&Co Z10 started on Aug 15, 2024. Lotus Robotics,...

Intchains Group Limited Reports Second Quarter 2024 Unaudited Financial Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 15, 2024 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ethereum, or ETH, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Operating and Financial Highlights Sales volume of ASIC chips is 274,019 units for the second quarter of 2024, compared to 371,423 units for the same period of 2023, representing a decrease of 26.2%. ASIC chip sales for the second quarter of 2024 consisted of 100,082 units sold directly to customers and 173,937 units embedded in computing equipment for blockchain applications. Revenue was RMB123.0 million (US$16.9 million)...

Perseus appoints new Chief Operating Officer

Written by Customer Service on August 15, 2024. Posted in Public Companies.

Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) — perseus mining appoints new chief operating officer Perth, Western Australia/August 16, 2024/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that Ms Amanda Weir will be joining Perseus’s senior leadership team in the role of Chief Operating Officer (COO) from 19th August 2024. Ms Weir’s most recent roles included Chief Transformation Officer and Senior Vice President of Canadian Operations for Newcrest until the company was acquired by Newmont last year. Ms Weir worked on the integration of the Newcrest’s operations into Newmont, before assuming the role of Interim Group Head Mineral Resource Management with Newmont. Prior to her role with Newcrest, Amanda worked with Evolution Mining as General Manager Transformation & Effectiveness and spent over 9 years with BHP in various...

Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board

Written by Customer Service on August 15, 2024. Posted in Public Companies.

SAN JOSE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) — Heritage Commerce Corp (NASDAQ: HTBK) (the “Company”), the parent company of Heritage Bank of Commerce (the “Bank”), today announced the retirement of Ranson W. Webster from the Board of Directors, effective October 1, 2024. As one of the original founders, Webster joined the Board in 2004 and has served as Vice Chair of the Boards of Directors of the Company and the Bank. Director Julianne M. Biagini-Komas will assume the role of Vice Chair of both boards effective on the same date. “On behalf of management and the Board of Directors, I want to extend our deepest gratitude to Ranson for his many years of dedicated service. Throughout his tenure, he served the Company and its shareholders with distinction,” said Jack W. Conner, Chair of the Board....

Correction: Orkuveitan – Green Bond Auction August 22nd

Written by Customer Service on August 15, 2024. Posted in Public Companies.

[Wrong auction date was in original release in English. Corrected below.] Reykjavík Energy (Orkuveita Reykjavíkur) is holding a bond auction on Tuesday, August 22nd, 2024. Bonds in the green bond classes OR020934 GB and OR180255 GB as well as a new green bond class OR280845 GB will be offered for sale. OR020934 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of September 2nd, 2034. Previously, bonds with a nominal value of ISK 27,607 million have been issued in the class. OR0280845 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of August 28th, 2045. The bond carries 3.70% fixed interest and is redeemable after 13 years. OR0180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of...

Immuron CEO, Steven Lydeamore to present at the Emerging Growth Conference

Written by Customer Service on August 15, 2024. Posted in Public Companies.

MELBOURNE, Australia, Aug. 15, 2024 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce that our Chief Executive Officer, Steven Lydeamore has been invited to present at the Emerging Growth Conference on August 22nd, 2024. Immuron Limited invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference. Mr. Steven Lydeamore will give a presentation and may subsequently open the floor to questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Lydeamore will do his best to get through as many of them as possible. Immuron Limited will be presenting at 3:40 PM...

AXIL Brands, Inc. Reports Record Fiscal Year 2024 Financial Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

LOS ANGELES, Aug. 15, 2024 (GLOBE NEWSWIRE) — AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for fiscal year 2024. Highlights for Fiscal Year Ended May 31, 2024 All comparisons are to the full year of the prior year, unless otherwise noted. Consolidated net sales (revenue) increased 17% to a record $27.5 million compared to $23.5 million in the prior year primarily due to the increase in marketing and sales initiatives in our hearing protection and enhancement segment. Cost of sales increased by $1,494,386 or 26%, as compared to the comparable period in 2023 due to increases in our branding and marketing...

Winnebago Industries Board of Directors Approves 10% Increase to Quarterly Cash Dividend

Written by Customer Service on August 15, 2024. Posted in Dividend Reports And Estimates.

Winnebago Industries has paid a quarterly dividend for 41 consecutive quarters and has increased the quarterly dividend in each of the past 6 years. EDEN PRAIRIE, Minn., Aug. 15, 2024 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the company’s Board of Directors approved a quarterly cash dividend of $0.34 per share payable on September 25, 2024, to common stockholders of record at the close of business on September 11, 2024. Today’s dividend declaration represents a 10 percent increase, or $0.03 per share, from the previous quarter. “Increasing the quarterly dividend in the current economic environment demonstrates the Board’s confidence in our future, our commitment to driving shareholder value and the resilience of the outdoor recreation industry,”...

HCM II Acquisition Corp Announces Pricing of $200 Million Initial Public Offering

Written by Customer Service on August 15, 2024. Posted in Public Companies.

STAMFORD, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) — HCM II Acquisition Corp (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, August 16, 2024, under the ticker symbol “HONDU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “HOND” and...

TC Energy completes the sale of Portland Natural Gas Transmission System

Written by Customer Service on August 15, 2024. Posted in Mergers And Acquisitions.

Pre-tax cash equity proceeds of approximately $750 million (US$545 million) net to TC Energy Buyers assume approximately $345 (US$250) million of outstanding Senior Notes Advances toward $3 billion asset divestiture target in 2024 CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), today announced the successful completion of the sale of Portland Natural Gas Transmission System (PNGTS). The gross purchase price of US$1.14 billion includes US$250 million of outstanding Senior Notes held at PNGTS and consolidated on TC Energy’s balance sheet, assumed by the buyers. “Completing this transaction demonstrates continued progress towards delivering on $3...

Day: August 15, 2024

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