Day: August 26, 2024
Play Airlines has entered into a new market-making agreement with Fossar Investment Bank for all of Play’s issued shares listed on the Main Market of Nasdaq Iceland.
The goal of this agreement is to increase trading activity for Play’s stock on the Main Market, boost market capitalization, and ensure efficient and transparent price discovery.
Under the terms of the agreement, each buy and sell order must be a minimum of ISK 200,000, based on the rates set by Fossar. Such orders should not exceed a 3.0% deviation from the most recent transaction value of the shares on Nasdaq. The price range for buy and sell orders will be determined in accordance with Nasdaq’s price chart, with a price difference target of around 1.5%, but not lower than 1.495%. Fossar is permitted to place buy and sell orders with a narrower price range under...
Comscore and FreeWheel Forge Next-Gen Partnership, Further Enhancing Privacy-Resilient CTV and Contextual Advertising
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Paramount among first to adopt new CTV audiences as part of its EyeQ Select solution, enabling ID-free interest and intent audience buying across its global portfolio
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) — Proximic by Comscore, a division of Comscore Inc. (NASDAQ:SCOR) and a leading provider of audience targeting solutions for programmatic activation, and FreeWheel, a global technology platform for the television advertising industry, today announced a partnership to support privacy-resilient ID-free audiences for CTV. The innovation will provide publishers with streamlined access to future-proofed audience monetization tools and provide buyers the ability to reach targeted audiences at scale across premium CTV content.
With the integration of Proximic by Comscore’s data directly into FreeWheel’s ad management platform, publishers...
LPL Financial welcomes advisor Kelly Compton
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SAN DIEGO, Aug. 26, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisor Kelly Compton has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligning with existing firm Client Centric Wealth Management, part of Upstream Investment Partners. He reported having served approximately $150 million in advisory and retirement plan assets* and joins LPL after owning his RIA, WCM Wealth Management, which custodied with Schwab Advisor Services.
Based in San Antonio, Compton has always had an entrepreneurial spirit and a love of helping others. He started his career in the hospitality industry as a partner for a restaurant enterprise, where he sharpened his finance, planning and business skillsets. All the while, he was fascinated by the world of investments and trading.
Compton became a financial...
5E Advanced Materials Announces Pricing of $4.0 Million Registered Direct Offering and Execution of Debt Commitment Letter to Issue $6.0 Million of Senior Secured Convertible Notes
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HESPERIA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) — 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 5,333,333 shares of common stock in a registered direct offering at a price of $0.75 per share, along with Series A warrants to purchase up to an aggregate of 5,333,333 shares of common stock and Series B warrants to purchase up to an aggregate of 5,333,333 shares of common stock in a concurrent private placement. Each of the Series A warrants and Series B warrants will have an exercise price of $0.7981 and will be exercisable six months from the date of issuance....
Hamilton Thorne Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going Private Transaction
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BEVERLY, Mass. and TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd (TSX: HTL) (“Hamilton Thorne” or the “Company”), a leading provider of precision instruments, consumables, software, and services to the Assisted Reproductive Technologies (“ART”), research, and the cell biology space, today announced the mailing of its notice of meeting, management information circular (the “Circular“), form of proxy and letter of transmittal (collectively, the “Meeting Materials“) to the shareholders of the Company (the “Shareholders“) in connection with the special meeting of Shareholders to be held on September 17, 2024 (the “Special Meeting“).
The Meeting Materials were mailed to Shareholders of record as of August 16, 2024. At the Special Meeting, Shareholders will be asked to consider...
Wearable Devices’ Mudra Band to Control the Apple Watch with Innovative AI Neural Gesture Technology
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Wearable Devices to expand Mudra Band capabilities to include same-hand touchless watch operation and streamlined task management, complementing its existing solutions for iPhone, iPad, and other Apple products
YOKNEAM ILLIT, ISRAEL, Aug. 26, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, announces the latest upgrade to the Mudra Band — enhanced gesture control functionality for the Apple Watch.
This new feature enhances convenience by enabling quick, hands-free control for common tasks, and significantly improves accessibility for older Apple Watch models which do not support some of the Apple Watch double tap gesture.
The Mudra Band’s watch gesture...
NevGold Announces Convertible Securities Financing of up to C$8 Million
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Vancouver, British Columbia, Aug. 26, 2024 (GLOBE NEWSWIRE) — NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce a financing of unsecured convertible securities (“the Financing”) with Mercer Street Global Opportunity Fund II, LP, managed by C/M Global GP, LLC (“the Investor” or “Mercer”). The Financing is structured in two tranches with the funded amounts being C$3.5 million for the first tranche and a potential of up to C$4.5 million in a second tranche pursuant to the terms of a convertible security funding agreement dated August 23, 2024 between the Company and the Investor.
NevGold CEO, Brandon Bonifacio, comments: “We are pleased to announce this financing package and further capital support from Mercer, who have been a strong supportive shareholder of the Company over...
AITX’s RAD Announces Operational Cash Flow Positivity
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The Company Expects Core RAD Inc. Revenue to be Greater Than Operational Expenses in September
Detroit, Michigan, Aug. 26, 2024 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, is proud to announce that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD), expects that in September 2024 it can be considered operationally profitable when comparing core operational costs against revenues invoiced that month.
Specifically, AITX and its four subsidiaries have an approximated monthly payroll and health insurance cost of $630,000. However, of those expenses approximately 58% (approximately $365,000) are what’s required to fund RAD Inc.’s complete current operations specifically...
AB INTL GROUP Announces Repurchase of Common Stock for Cancelation
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NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) — AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced a repurchase of 50,296,980 shares of common stock for cancelation. Its positive cash flow continues to come from net profitability to enable the repurchase of more shares in the near future.
On August 21, 2024, AB International Group Corp. (the “Company”) entered into Repurchase Agreements with seven shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 50,296,980 shares for cancelation. The price to be paid by the Company under the Repurchase Agreements is $50,297, which will be funded with cash on hand.
The Company’s positive cash flow continues to come...
Free Flow, Inc. (FFLO) Announces Initial Agreement to Acquire Pharmaceutical Business, Appointment of New Board Chairman
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The targeted acquisition is estimated to have a business value of approximately $10 million and projected 2024 gross revenues of up to $7 million
NORTH BERGEN, NJ, Aug. 26, 2024 (GLOBE NEWSWIRE) — Free Flow, Inc. (FFLO:OTCPK), which is incorporated in the state of Delaware as Free Flow USA, Inc., today announced that the Company has entered into a Letter of Intent (LOI) to acquire an over-the-counter pharmaceutical wholesaler/contract manufacturer with gross revenues of $4.4 million in 2023 and projected 2024 revenues of approximately $7 million. Under terms of the agreement, the acquired company will be a wholly owned subsidiary of FFLO and, along with additional potential acquisitions in the pharmaceutical industry, is expected to become the primary focus of the Company’s operations. Concurrently, FFLO is exploring the potential...