Day: August 16, 2024
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Aug. 16, 2024 (GLOBE NEWSWIRE) — Blender Bites Ltd. (the “Company”, “Blender Bites” or “Blender”) (CSE: BITE, FWB: JL4, WKN: A3DMEJ) announces that it has filed an amended and restated Offering Document (as defined below) related to its previously announced (August 2, 2024) non-brokered private placement under the Listed Issuer Financing Exemption (as defined below) of 1,875,000 units of the Company (each, a “Unit”) at a price of $0.64 per Unit to raise gross proceeds of $1,200,000 (the “Offering”). Each Unit will consist of one common share of the Company and one-quarter-of-one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase...
Talmora Announces Closing of Non-Brokered Private Placement
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TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — Talmora Diamond Inc. (“Talmora” or the “Company”) (CSE:TAI), is pleased to announce it has closed its previously announced non-brokered private placement offering of 5,000,000 units (the “HD Units”) at a price of $0.05 per HD Unit and 3,000,000 flow-through units (the “FT Units” and together with the HD Units, the “Offered Securities”) at a price of $0.05 per FT Unit for aggregate gross proceeds of $400,000 (the “Offering”).
Each HD Unit is comprised of one (1) common share in the capital of the Company (a “Common Share”) issued on a non-flow-through basis and one Common Share purchase warrant (a “Warrant”). Each FT Unit is comprised of one (1) Common Share qualifying as a “flow-through...
Arogo Capital Acquisition Corp. Announces Receipt of Nasdaq Delisting Notice
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MIAMI BEACH, FL, Aug. 16, 2024 (GLOBE NEWSWIRE) — Arogo Capital Acquisition Corp. (“Arogo” or the “Company”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on August 12, 2024, notifying the Company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires the Company’s listed securities to maintain a minimum market value of publicly held shares of $15,000,000 (the “MVPHS Rule”). The notice has no immediate effect on the listing of the Company’s securities on Nasdaq. The Company intends to monitor the market value of the Company’s listed securities and may,...
Inspirato Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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DENVER, Aug. 16, 2024 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its Board of Directors approved the grant of equity awards on August 13, 2024 as a material inducement to the employment of newly-hired Chairman and CEO, Payam Zamani. The grants were made under the Company’s 2024 Inducement Award Plan (the “Inducement Plan”) in accordance with Nasdaq Listing Rule 5635(c)(4).
In connection with Mr. Zamani’s appointment as Chairman and CEO on August 12, 2024, Inspirato granted inducement awards consisting of (a) 500,000 time-based restricted stock units (“RSUs”) and (b) 500,000 performance-based restricted stock units (“PSUs”), each with an effective grant date of August 13, 2024 and subject to the continued service with Inspirato. The...
Australian Oilseeds Announces Attendance at Sidoti Micro-Cap Investor Conference
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Cootamundra New South Wales, Aug. 16, 2024 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (“Australian Oilseeds” or “AOI”) (NASDAQ: COOT), which manufactures and sells sustainable, non-GMO oilseeds and organic and non-organic food-grade oils globally, announced today its attendance at the Sidoti Micro-Cap Virtual Conference from August 14-15, 2024. The Sidoti Micro-Cap event provides issuers and microcap investors the critical interaction that can be so elusive in the sector. Over the past two days, AOI’s senior management met with more than 20 prominent investment bankers, wealth managers, and private lenders all interested in investing in the agricultural industry.
“I am excited to share Australian Oilseeds’ journey towards transforming the food production and farming space with future-minded...
ThreeD Capital Inc. Announces Completion of Securities Purchase Agreement with Sariel Diagnostics Corp.
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TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has closed its previously announced Securities Purchase Agreement (the “Agreement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia. In accordance with the Agreement, ThreeD has acquired 3,200,000 common shares of Sariel at a price of $0.05 per share. In consideration, ThreeD has issued an aggregate of 200,000 common shares of the Company at a deemed price of $0.80 per common share. No commission or finders’ fees were paid in connection with the Agreement.
All...
DIGITAL ALLY, INC ANNOUNCES SECOND QUARTER 2024 OPERATING RESULTS
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LENEXA, Kansas, Aug. 16, 2024 (GLOBE NEWSWIRE) — Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the second quarter of 2024. An investor conference call is scheduled for 11:15 a.m. EDT on Monday, August 19, 2024 (see details below).
Highlights for the second quarter ended June 30, 2024●
Overall gross profits for the three months ended June 30, 2024 were $242,392, a decrease of $2,494,648, or (91%), as compared to $2,737,040 for the three months ended June 30, 2023. The overall decrease is attributable to the decrease in gross profit for the entertainment segment for the three months ended June 30, 2024 along with a decrease in the overall cost of sales as a percentage of overall revenues to 96% for the three months ended June 30, 2024 from 67% for the three months ended June...
NextGen Digital Publishes First Quarter Financial Results
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FREDERICTON, New Brunswick, Aug. 16, 2024 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (“NextGen” or the “Company”) (CSE: NXT) is pleased to announce that it has published and filed its Unaudited Condensed Interim Financial Statements and Management Discussion & Analysis for the three months ending June 30, 2024 (“Q1 2025”), which are available on the Company’s SEDAR+ profile page at www.sedarplus.ca.
Joel Freudman, Founder, President & CEO of NextGen, stated, “Q1 2025 marks NextGen’s first set of financial statements reported as a public company, and I’m pleased that we maintain a healthy working capital position while continuing to generate revenue from both of our business lines, namely PCSections.com and our ‘Cloud AI Hosting’ hardware-as-a-service business.”
Added Heran (Kevin) Zhou, NextGen’s Director...
iCoreConnect Inc. Reports Strong Revenue and Subscriber Growth in Q2 2024 With a 66% Revenue Increase
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
OCOEE, FL , Aug. 16, 2024 (GLOBE NEWSWIRE) — iCoreConnect Inc. (NASDAQ: ICCT) (“iCore” or the “Company”), a leading provider of cloud-based software and technology solutions designed to enhance workflow productivity and customer profitability, is pleased to announce its financial results for the three and six months ended June 30, 2024.
Q2 2024 Financial HighlightsRevenue Growth: The Company reported a significant 66% increase in revenue, rising from $1.6 million in Q2 2023 to $3.1 million in Q2 2024. For the six months ending June 30, 2024, revenue grew from $3.7 million to $5.8 million compared to the same period in 2023. This growth was driven by strong performance across all active products and services.
Gross Profit Margins: iCoreConnect saw an improvement in gross profit margins, increasing from...
FTC Solar Announces Inducement Grant of Employee Inducement Award
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AUSTIN, Texas, Aug. 16, 2024 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that, in accordance with Nasdaq Listing Center requirements, Yann Brandt, the Company’s President and Chief Executive Officer, will be granted an employment inducement award in reliance on Nasdaq Stock Market Listing Rule 5635(c).
As previously announced, the Company and Mr. Brandt have entered into an employment agreement, dated July 17, 2024 (the “Employment Agreement”), for his employment with the Company commencing on August 19, 2024 (the “Employment Commencement Date”) in connection with his appointment by the Board of Directors of FTC Solar effective as of the Employment Commencement Date.
The employment inducement award will consist of (i)...