August 16, 2024 – Page 2

ECD Automotive Design Announces Nasdaq Delisting Notification

Written by Customer Service on August 16, 2024. Posted in Public Companies.

KISSIMMEE, Fla., Aug. 16, 2024 (GLOBE NEWSWIRE) — ECD Automotive Design, Inc. (“ECD” or the “Company”) (NASDAQ: ECDA), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, and other classic and collectible automobiles, today announced that the Company received a delisting notice from The Nasdaq Stock Market LLC (“Nasdaq”). As previously disclosed in the Current Reports on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on February 16, 2024 by the Company, on February 14, 2024, the Company received a notice from Nasdaq stating that the Company’s listed securities failed to comply with the $50,000,000 market value of listed securities (“MVLS”) requirement for continued listing on The Nasdaq Global Market in accordance with Nasdaq Listing Rule 5450(b)(2)(A) (the...

Lifeist Announces Acquisition of High-Potency Vape IP

Written by Customer Service on August 16, 2024. Posted in Mergers And Acquisitions.

TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough ventures that transform human wellness, is pleased to report that it has completed, pursuant to a share purchase agreement entered into on August 16, 2024 with an arm’s length party, the acquisition of the shares of 1000594871 Ontario Corp. (“4871”) which holds key intellectual property resulting from a patent application and all rights thereto. The acquisition of this intellectual property will provide shareholders with upside exposure to new developments in the cannabis industry and form the cornerstone of an IP portfolio for Lifeist, even as the company divests itself of CannMart and moves...

TIAN RUIXIANG Holdings Ltd Reports Financial Results for the Half Year Ended April 30, 2024

Written by Customer Service on August 16, 2024. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) — TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company”), a China-based insurance broker conducting business through its variable interest entity in China, today announced its financial results for the half year ended April 30, 2024. Ms. Sheng Xu, the Chief Executive Officer of the Company, commented, “The Company reported a net loss of approximately $2.6 million for the six months ended April 30, 2024, primarily due to a significant decline in revenue caused by the loss of a few key insurance company partners. However, we are encouraged by the increase in the commissions from liability insurance of approximately $24,000 compared to the same period in 2023, indicating our success in expanding our liability insurance business.” “We are actively pursuing strategies, such...

ARCA biopharma Declares Special Dividend in Connection with the Proposed Merger with Oruka Therapeutics

Written by Customer Service on August 16, 2024. Posted in Dividend Reports And Estimates.

Special dividend estimated to be $1.59 per share Payment of special dividend conditioned upon ARCA stockholder approval of the Proposed Merger with Oruka WESTMINSTER, Colo., Aug. 16, 2024 (GLOBE NEWSWIRE) — ARCA biopharma, Inc. (NASDAQ: ABIO) (“ARCA”) today announced that its Board of Directors has declared a special cash dividend (the “Special Dividend”) in connection with the previously announced merger (the “Merger”) with Oruka Therapeutics, Inc. (“Oruka”) pursuant to the Agreement and Plan of Merger and Reorganization, dated April 3, 2024 (the “Merger Agreement”). The Special Dividend, which ARCA estimates will be $1.59 per share of ARCA’s common stock, will be payable in cash to the stockholders of record as of August 26, 2024. The exact amount of the Special Dividend will be calculated pursuant to the Merger Agreement and...

Nokia Corporation: Repurchase of own shares on 16.08.2024 – Repurchases temporarily paused due to offer to Infinera shareholders

Written by Customer Service on August 16, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release16 August 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 16.08.2024 – Repurchases temporarily paused due to offer to Infinera shareholders Espoo, Finland – On 16 August 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 1,700,000 3.70 CEUX 688,391 3.70 BATE – – AQEU – – TQEX – – Total 2,388,391 3.70 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share...

EagleBank Names New Chief Credit Officer

Written by Customer Service on August 16, 2024. Posted in Public Companies.

Janice ‘Jan’ Williams, CCO, Retires After 22 Years of Service to the Bank BETHESDA, Md., Aug. 16, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced Chief Credit Officer Janice “Jan” Williams will be retiring from EagleBank on June 30, 2025. Jan’s longstanding dedication and exceptional contributions have significantly driven the bank’s strategic growth over the past two decades. “It has been my immense pleasure to work alongside Jan for so many years. We are tremendously grateful for her outstanding work and unwavering commitment to EagleBank, and we wish her all the best in her well-deserved retirement,” said Susan Riel, President and CEO of EagleBank. Jan will work to assist in the transition...

GFG Signs Definitive Agreement with Patriot Gold to Sell its Rattlesnake Hills Gold Project

Written by Customer Service on August 16, 2024. Posted in Mergers And Acquisitions.

SASKATOON, Saskatchewan, Aug. 16, 2024 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a definitive agreement (the “Agreement”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the Agreement, Patriot will pay GFG an aggregate consideration of approximately C$3.3 million (the “Transaction”). GFG and Patriot had previously announced the signing of a letter of intent (“LOI”) on May 9, 2024 (see press release: “GFG Signs Binding LOI with Patriot Gold to Sell its Rattlesnake Hills Gold Project”). Transaction TermsPatriot will acquire a 100% interest in the Project on the following terms: Cash payment of C$250,000 to GFG on signing of the binding LOI (complete); Cash payment of C$250,000...

Weekly Report (August 9-15, 2024) Third Tranche of Stellantis 2024 Share Buyback Program

Written by Customer Service on August 16, 2024. Posted in Public Companies.

AMSTERDAM, August 16, 2024 – Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Third Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024, it has repurchased the following common shares in the period between August 9 up to and including August 15, 2024: Date Number of Shares Repurchased Average Market Purchase Price in € per share Repurchased Volume in € (excluding fees) Venues 09/08/2024 300 000 €14.1405 €4 242 153 CEUX 09/08/2024 1 030 000 €14.1530 €14 577 609 MILE 12/08/2024 200 000 €14.0274 €2 805 486 CEUX 12/08/2024 1 225 000 €14.0534 €17 215 438 MILE 13/08/2024 300 000 €13.8250 €4 147 509 CEUX 13/08/2024 1 211 571 €13.8258 €16 750 920 MILE 14/08/2024 502...

Montero Announces Closing of First Tranche of Private Placement

Written by Customer Service on August 16, 2024. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is pleased to announce that, further to its news release of August 6th, 2024, it has closed the first tranche (the “First Tranche”) of its non-brokered private placement of up to 4,814,815 common shares of the Corporation (the “Common Shares”) at a price of $0.27 per Common Share, for gross proceeds of up to $1,300,000 (the “Offering”). An aggregate of 2,444,444 Common Shares were sold under the First Tranche for total gross proceeds of $660,000. Closing of the second tranche of the Offering is expected to be on or before August 30th, 2024, or such other date or dates that the Corporation may determine. Dr. Tony Harwood,...

VYRE Network and TONE Multi-Media Group Partner to Enhance VYRE’s User Experience With Advertisements and Brand Partners Through Advanced Technology

Written by Customer Service on August 16, 2024. Posted in Public Companies.

LOS ANGELES, Aug. 16, 2024 (GLOBE NEWSWIRE) — VYRE Network, a leading FREE global streaming platform that delivers NEXT-GENERATION movies, shows, and sports, live and on-demand to audiences worldwide and wholly owned Cabo Verde Capital company (“VYRE” or the “Company” – OTC: CAPV), is pleased to announce its partnership with TONE Multi-Media Group LLC (“TONE Multi-Media”). The partnership will utilize TONE Multi-Media’s technology to create a more immersive interaction with commercials across the VYRE APP and its sub-channels, and boost advertising revenue. TONE Multi-Media has a groundbreaking technology that uses inaudible audio frequencies to trigger smart device actions, making daily activities more convenient and interactive. This innovative technology places the viewer at the center of their watching experience, allowing...

Day: August 16, 2024

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