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Day: August 27, 2024

Perception Capital Corp. IV Receives Notice of Filing Delinquency from the New York Stock Exchange

MINNEAPOLIS, MN, Aug. 27, 2024 (GLOBE NEWSWIRE) — Perception Capital Corp. IV (NYSE: RCFA), a special purpose acquisition corporation, received written notice on August 21, 2024 from the New York Stock Exchange (NYSE) that, because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Report”) with the Securities and Exchange Commission (“SEC”), the Company is not in compliance with the continued listing requirements under Section 802.01E of the NYSE Listed Company Manual (Section 802.01E), which requires NYSE-listed companies to timely file all periodic reports with the SEC. The Company’s noncompliance with Section 802.01E has no immediate effect on the listing of the company’s securities on the NYSE. Perception Capital Corp. IV plans to avail itself of the process provided...

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AvePoint Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants

JERSEY CITY, N.J., Aug. 27, 2024 (GLOBE NEWSWIRE) — AvePoint (Nasdaq: AVPT, AVPTW), the global leader in robust data management and data governance, today announced that it has commenced an offer to purchase (the “Offer”) all of its outstanding public warrants (the “Warrants”) to purchase shares of its common stock, par value $0.0001 per share, at a purchase price of $2.50 in cash, without interest. AvePoint is also soliciting consents (the “Consent Solicitation”) to amend the Warrant Agreement, dated September 16, 2019, by and between Apex Technology Acquisition Corporation (“Apex”) and Continental Stock Transfer & Trust Company (“Continental”) (the “Warrant Agreement”), which governs all of the Warrants, to permit AvePoint to redeem each outstanding Warrant for $2.00 in cash, without interest, which is 20% less than the...

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Cipher Mining Announces Acquisition of New 300 MW Data Center Site in West Texas

The immediately available 250-acre site includes a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market New site is equally well-suited for HPC infrastructure and bitcoin mining Company’s aggregate data center portfolio now exceeds 2.5 GW NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has entered into a term sheet to acquire a new site in West Texas for a cash payment of $67.5 million and a variable fee of $3/MWh for the initial five years after the energization of the site. The site features 300 MW of front-of-the-meter capacity, a newly constructed, fully energized, high-to-mid voltage substation, and all necessary regulatory approvals and contracts. As part of the transaction,...

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nCino Reports Second Quarter Fiscal Year 2025 Financial Results

• Total Revenues of $132.4M, up 13% year-over-year• Subscription Revenues of $113.9M, up 14% year-over-year• GAAP Operating Margin of (6)%, up ~650 basis points year-over-year• Non-GAAP Operating Margin of 15%, up ~500 basis points year-over-year WILMINGTON, N.C., Aug. 27, 2024 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the second quarter of fiscal year 2025, ended July 31, 2024. “We are pleased to report that we again exceeded quarterly guidance for total and subscription revenues as well as non-GAAP operating income,” said Pierre Naudé, Chairman and CEO at nCino. “In the second quarter we saw particular strength in the U.S. across both the enterprise and community & regional segments, with increased...

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Ambarella, Inc. Announces Second Quarter Fiscal Year 2025 Financial Results

SANTA CLARA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its second quarter of fiscal year 2025 ended July 31, 2024. Revenue for the second quarter of fiscal 2025 was $63.7 million, up 3% from $62.1 million in the same period in fiscal 2024. For the six months ended July 31, 2024, revenue was $118.2 million, down 5% from $124.3 million for the six months ended July 31, 2023. Gross margin under U.S. generally accepted accounting principles (GAAP) for the second quarter of fiscal 2025 was 60.8%, compared with 61.9% for the same period in fiscal 2024. For the six months ended July 31, 2024, GAAP gross margin was 60.8%, compared with 61.1% for the six months ended July 31, 2023. GAAP net loss for the second quarter of fiscal 2025 was...

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SaverOne Announces Strategic Acquisition of Micronet’s Generation-3 Camera IP

Expands SaverOne’s product line with potential for future revenue growth Petah Tikvah, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in transportation safety solutions, today announced a strategic asset purchase agreement for Micronet Ltd.’s (TASE: MCRNT) Generation-3 camera products and intellectual property (IP). Micronet is a developer of advanced telematics systems, cameras, and Driver Monitoring Systems (DMS). This acquisition aligns with SaverOne’s strategy to expand its portfolio of solutions and enhance its product offerings. Under the terms of the agreement, SaverOne will acquire the intellectual property (IP) and inventory related to Micronet’s Generation 3 camera at no upfront cost. The acquisition is structured as an earn-out agreement, with...

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SaverOne Reports First Half 2024 Results

PETAH TIKVAH, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the first half ended June 30, 2024 and shared recent business updates. Recent Highlights Significant reduction in first half operating expenses of NIS 2.3 million ($612 thousand), reducing operating loss and cash burn; 4,800 systems have been ordered by customers as of August 26, 2024, of which approximately 3,750 have been installed; OEM Agreement Signed with Volvo Group to install SaverOne Systems during the manufacturing process in Volvo Buses in Mexico;   OEM Agreement Signed with IVECO to develop a software-as-a-service solution to prevent driver distraction from...

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Blink Charging and Create Energy Form Strategic Alliance to Revolutionize Energy Management with ‘One-Stop-Shop’ for Next-Generation EV and Renewable Solutions

Bowie, Maryland, Aug. 27, 2024 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, has entered into a strategic collaboration with Create Energy, a Tennessee-based renewable energy company, to deliver next- generation energy management products and solutions. This alliance will allow customers to integrate their energy assets through one centralized platform. The collaboration combines the strengths of both companies to offer a comprehensive “one-stop-shop” for renewable energy solutions tailored specifically to the commercial and industrial (C&I) market. By offering a unified solution, the collaboration reduces overall project costs through streamlined procurement and integration, cutting administrative...

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DZS to Host Call to Discuss Q2 2024 Financial Results and Recently Filed Financial Reports

DALLAS, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) — DZS (OTC: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced that it will host an earnings call to discuss its financial results for all of 2022, 2023, and for the first and second quarters of 2024. Conference Call Details:Date: Thursday, September 5, 2024Time: 11:00 a.m. EDTParticipant Toll-Free: (800) 715-9871Conference ID: 3713874Webcast: https://edge.media-server.com/mmc/p/55un3fjz About DZS DZS Inc. (OTC: DZSI) is a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere. DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or...

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Prosafe SE: Safe Caledonia contract signed with Ithaca Energy

27 August 2024 – Reference is made to press release dated 5 July 2024 where Prosafe announced the award of a Letter of Intent from Ithaca Energy (UK) Limited. Prosafe now advises that the contract has been signed, and that the Safe Caledonia will provide accommodation support for Ithaca Energy at the Captain field in the UK sector of the North Sea for a firm period of 6 months commencing June 2025 with up to 3 months of options. The total value of the contract is approximately USD 26 million to USD 37 million depending on options.  Terje Askvig, CEO of Prosafe says: “Prosafe is extremely pleased that we have formalised the LoI into contract and we very much look forward to working closely with Ithaca Energy deploying the Safe Caledonia at the Captain field in the UK. As the market continues to tighten, reactivation of the Safe Caledonia...

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