Day: August 22, 2024

MoneyHero Group Announces Non-Binding Offer to Acquire MoneySmart

MoneyHero, the largest and only U.S. publicly traded personal finance platform in Greater Southeast Asia, submits US$8.0 million offer to acquire 100% of the shares of competitor MoneySmart SINGAPORE, Aug. 22, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced that it has made a non-binding offer to acquire 100% of the shares of MoneySmart, the second largest player in the market. This strategic move aims to consolidate MoneyHero’s leading position and unlock significant synergies in Asia’s rapidly evolving personal finance and insurance landscape. Under the terms of the offer, MoneyHero has valued MoneySmart at US$8.0 million with potential valuation upside....

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Pfizer and BioNTech Receive U.S. FDA Approval & Authorization for Omicron KP.2-adapted COVID-19 Vaccine

The updated COVID-19 vaccine is tailored to the KP.2 strain of the SARS-CoV-2 Omicron JN.1 lineage and is recommended for individuals 6 months of age and older The KP.2 adaptation is based on FDA guidance, which stated that KP.2 is the preferred strain for COVID-19 vaccines for the US 2024-2025 fall and winter season, if feasible Shipping will begin immediately to ensure robust supply and rapid access of this season’s vaccine in pharmacies, hospitals, and clinics across the country NEW YORK and MAINZ, GERMANY, August 22, 2024 — Pfizer Inc. (NYSE: PFE, “Pfizer”) and BioNTech SE (Nasdaq: BNTX, “BioNTech”) today announced that the U.S. Food and Drug Administration (“FDA”) has approved the supplemental Biologics License Application for individuals 12 years of age and older (COMIRNATY® (COVID-19 Vaccine, mRNA)), and granted emergency use...

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Emerging Markets Report: Piece of Cake

An Emerging Markets Sponsored Commentary ORLANDO, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) — Today’s featured company is a simple story. It’s a uranium play. For those of you who have dabbled in the markets for any length of time you may recall that when uranium gets hot interest in companies pegged to yellow cake soars. This is hardly breaking news, just a simple and reflexive approach to market activity and the spot price. For many, uranium companies like Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FRA: W85) present an opportunity to play uranium. Unlike gold or other metals, you can’t stick Krugerrands or shiny bars of uranium in that secret spot behind the family portrait. Uranium affords no such proximity. So, when headlines like those below adorn the newsfeeds of 2024, publicly traded companies present some exposure to...

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Orca Energy Group Inc. Announces Completion of Q2 2024 Interim Filings

TORTOLA, British Virgin Islands, Aug. 22, 2024 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three and six month periods ended June 30, 2024 (“Q2 2024“) with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated. Highlights Revenue decreased for Q2 2024 by 11% and by 14% for the six months ended June 30, 2024 compared to the same prior year periods primarily as a result of lower sales to the power sector and lower current income tax adjustments. This was partially offset by a lower share of revenue allocated to the Tanzania...

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DTE Energy’s smart grid technology prevented nearly 5,000 customer power interruptions and 1.8 million outage minutes for customers so far in 2024

Recloser installation Overhead crew installing a recloser on a new power pole Detroit, Aug. 22, 2024 (GLOBE NEWSWIRE) — DTE Energy (NYSE:DTE) today announced a significant milestone in its commitment to improving energy reliability for its customers. Through the implementation of smart grid technology, DTE has prevented nearly 5,000 power interruptions and more than 1.8 million minutes without power for customers so far in 2024. “We’re dedicated to reducing power outages by 30% while cutting outage durations in half by 2029 — and smart technology is a critical investment to help us reach that goal,” Matt Paul, president, DTE Electric, said. “Accelerating our transition to a smart grid is a game changer for our customers, and we’re already seeing positive results. We’re creating a resilient energy system that...

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Identity and Access Management Software Provider BIO-key to Participate at H.C. Wainwright Investment Conf. Sept. 9th to 10th

HOLMDEL, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) software featuring passwordless, phoneless and token-less Identity-Bound Biometrics (IBB) authentication solutions, will participate at H.C. Wainwright’s 26th Annual Hybrid Global Investment Conference September 9th and 10th. BIO-key’s CEO Mike DePasquale will be available for virtual meetings on Monday and Tuesday, September 9th and 10th. Please contact your H.C. Wainwright representative or Lily Khaykina at lk@hcwco.com to schedule a meeting. BIO-key’s conference presentation will be available to registered attendees via the conference website starting on Monday, September 9th at 7:00 a.m. ET. H.C. Wainwright & Co., LLC is a full-service investment...

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PharmaCorp Announces Agreement to Acquire a Pharmacy in Western Canada

REGINA, Saskatchewan, Aug. 22, 2024 (GLOBE NEWSWIRE) — PHARMACORP RX INC. (“PharmaCorp” or the “Corporation”) (TSXV: PCRX) is pleased to announce that it has agreed to acquire from two arm’s length vendors (the “Vendors”) a 90% interest in a pharmacy (the “Acquired Pharmacy”) located in Western Canada. The aggregate purchase price for the 90% interest is $2,207,170, will be funded from cash and is expected to close on or about August 30, 2024, subject to satisfaction of customary closing conditions. A key aspect of the transaction is that the Vendors will retain a 10% interest in the Acquired Pharmacy, and have agreed to continue working at the Acquired Pharmacy, with one of the Vendors entering into a long-term employment agreement as the managing pharmacist. This arrangement ensures continuity of leadership and aligns with PharmaCorp’s...

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Unity Bank Ranked 13th Nationally and 5th in ROA Among Banks Under $5 Billion

Unity Maintains Strong Ranking in Bank Director Magazine Listing CLINTON, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), Unity Bank’s parent company, has once again been recognized in the prestigious Top 25 Banks ranking by Bank Director magazine. Unity Bank is listed as the 13th best publicly traded bank in the nation and is 5th in Return on Assets (ROA) among banks with less than $5 billion in assets. This year’s rankings reflect Unity Bank’s continued progress, improving from its 2022 position of 21st overall. Unity Bank’s total assets have increased to approximately $2.6 billion, with deposits reaching $2.0 billion. The Top 25 Banks list, published annually since 2017, assesses banks based on their performance over the prior year, evaluating criteria such as balance growth,...

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Innovative Food Holdings, Inc. Announces New Retail Partner Launch

BONITA SPRINGS, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, announced today the launch of a relationship with a new major customer, a top 10 U.S. retailer, after a successful pilot across 10 stores this summer. The Company will be sourcing, supplying, cutting, wrapping, packaging, and shipping a gourmet cheese assortment across several hundred of the retailer’s stores. The first product will ship to the retailer beginning in October, and we anticipate that it will ramp up by the holiday season and positively contribute to our Q4 financial figures. Bill Bennett, the Company’s Chief Executive Officer commented, “This new customer represents a significant step forward for IVFH, evidenced by our first-ever...

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Boussard & Gavaudan Holding Ltd (GBP): Extension of deadline for elections and the provision of documentation

Boussard & Gavaudan Holding Limited (the “Company”) a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registration number 45582 Legal Entity Identifier: 5493002XNM3W9D6DF327 Extension of deadline for elections and the provision of documentation under the Rollover Option to 29 August 2024 On 25 June 2024, the Company published a shareholder circular concerning the Rollover Option being made available to Eligible Shareholders (the “Circular“). The Board recognises that a number of Shareholders have expressed their willingness to participate in the Rollover Option but have been unable to meet the deadline of Close of Business on 22 August 2024 for the making of elections and the provision of certain documentation, as set out in the Circular. As a result, the Board has...

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