Day: August 29, 2024

Shenzhen Tomorrow Innovation Core Technology Co., Ltd. Acquired Guji Technology, Strengthening AI Strategic Layout

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

Shenzhen, China, Aug. 29, 2024 (GLOBE NEWSWIRE) — Shenzhen Tomorrow Innovation Core Technology Co., Ltd. (“Shenzhen Tomorrow Innovation”), a wholly owned subsidiary of Top KingWin Ltd. (“Top KingWin”) (Nasdaq – TCJH), announces the successful acquisition of Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”), marking a significant step in Shenzhen Tomorrow Innovation’s AI industry strategy. Guji Technology specializes in the sale of storage chips and high-end servers, with extensive technical expertise and market resources accumulated over the years. This acquisition not only broadens Shenzhen Tomorrow Innovation’s product portfolio but also provides a solid hardware foundation for its AI technology development and applications. “The expertise of Guji Technology in storage chips and high-end servers will synergize with...

Osino and Shanjin (Formerly Known as Yintai Gold) Announce Closing of Transaction

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Aug. 29, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or the “Company“) is pleased to announce the successful completion of the previously announced acquisition by Shanjin International Gold Co., Ltd. (formerly known as Yintai Gold Co., Ltd.) (“Shanjin“) of all of the outstanding common shares of Osino (each, an “Osino Share”) for cash consideration of C$1.90 for each Osino Share pursuant to a statutory plan of arrangement under Business Corporations Act (British Columbia). Shanjin intends to cause Osino to delist the Osino Shares from the TSX Venture Exchange, to submit an application for it to cease to be a reporting issuer, and to otherwise terminate its public company reporting requirements as soon as possible. About...

Biomerica Reports Fiscal 2024 Year End Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

Total Revenue Increases 1% Year-Over-Year – Core Revenue Excluding COVID Tests Climbs 5%, Reflecting Stronger GrowthSignificant Cost Savings Plan Implemented After Year End – Expected to Deliver Expense Reductions of $1.0 to $1.4 Million in the Coming YearinFoods® IBS Pilot with Large 1,100 Physician Group Progressing Ahead of ScheduleIRVINE, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) — Biomerica, Inc. (NASDAQ: BMRA) today reported its financial results for the fiscal year ended May 31, 2024. The Company achieved a modest increase in net sales to $5.4 million, compared to $5.3 million in the prior year. This growth was primarily driven by strong demand for EZ Detect™ colorectal screening tests and Aware® breast self-exam products in the Middle East including the United Arab Emirates. Excluding revenues from COVID-19 test...

FrankSpeech Announces Going Public Transaction

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

GREENWOOD VILLAGE, Colo., Aug. 29, 2024 (GLOBE NEWSWIRE) — InCapta, Inc. (OTC Pink: INCTD) and FrankSpeech Inc. are thrilled to announce a groundbreaking business combination that marks a major milestone in their shared mission to innovate and champion free speech under the symbol INCTD on the OTC markets – the growth of a platform that already boasts millions of engaged viewers and advertisers. FrankSpeech Network, Inc. (formerly InCapta) intends to uplist to a higher market tier, which will provide increased access to capital, liquidity, and expanded markets. As a result of the reverse stock split, the Company’s stock symbol will change to “INCTD” for 20 business days. At the conclusion of 20 business days, the ticker symbol will be changed to “FSBN”. Over the past three years, FrankSpeech, founded by Mike Lindell, has...

Video Analytics Market to Surpass $ 44.7 billion by 2031 | SkyQuest Technology

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 29, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global video analytics market will attain a value of $ 44.7 billion by 2031, with a CAGR of 22.3% during the forecast period (2024-2031). The capacity of analytics-integrated video software to analyze live or previously recorded video streams to find, classify, and follow behavior patterns and predefined objects is one of the key reasons driving the market. Standard surveillance networks can be completely transformed by smart detection and alarm systems for people, cars, and fixed objects that use real-time video analytics with high-performance capabilities. The development of the global video analytics market has been aided by real-time event detection, which has improved social conditions and the climate for international trade. It has also contributed...

Getty Images Named as Official Photographer of the 2024 Toronto International Film Festival

Written by Customer Service on August 29, 2024. Posted in Public Companies.

A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) — Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, has once again been named the Official Photographer of the Toronto International Film Festival (TIFF), renewing a longstanding partnership with one of the largest film festivals in the world. As the official photographer of TIFF (September 5‑15), Getty Images’ award‑winning entertainment photographers will capture images from the festival’s red carpet premieres, screenings, parties, the Tribute Gala and “In Conversations With” programming, often from exclusive positions not available from any other source. All images will be distributed exclusively through gettyimages.com. Getty Images will donate a portion of the...

Form 8.3 – [ECKOH PLC – 28 08 2024] – (CGWL)

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree ECKOH PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position held/dealing...

Kvika banki hf.: Change in the board of directors of Kvika banki hf.

Written by Customer Service on August 29, 2024. Posted in Public Companies.

Sigurgeir Guðlaugsson, previously a deputy on the board of Kvika banki, will replace Guðmund Arnar Þórðarson as a new board member. Sigurgeir was elected as a deputy in 2021 and currently serves as the CEO of Genís hf. Board of Directors of Kvika Bank hf. is as follows:• Sigurður Hannesson – chairman of the board• Guðjón Reynisson• Helga Kristín Auðunsdóttir• Ingunn Svala Leifsdóttir• Sigurgeir Guðlaugsson

Tembo E-LV, a subsidiary of Nasdaq-listed VivoPower International PLC (“VVPR”) executes a definitive Business Combination Agreement with CCTS for a combined enterprise value of US$904 million

Written by Customer Service on August 29, 2024. Posted in Public Companies.

Independent third-party fairness opinion was obtained and satisfactorily completed Pro forma fully diluted combined enterprise value assumes no public trust redemptions LONDON, Aug. 29, 2024 (GLOBE NEWSWIRE) — Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), today announced that it has executed a definitive Business Combination Agreement (“BCA”) with Cactus Acquisition Corp. 1 Limited, a Cayman Islands exempted special purpose acquisition company (Nasdaq: CCTS, CCTSW, CCTSU) (“CCTS”). The BCA assigns a pro forma enterprise value to the combination of Tembo and CCTS, assuming no redemptions by CCTS public shareholders at or before closing of US$904 million and precludes any further direct investment into Tembo. The BCA was entered into by the parties...

Pain Management Devices Market to Witness 21.5 % CAGR by 2031 | SkyQuest Technology

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 29, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Pain Management Devices Market will attain the value of USD 73.7 billion by 2031, with a CAGR of 21.5% during the forecast period (2024-2031). The rise in chronic diseases is one of the major factors expected to drive the market expansion during the forecast period. Musculoskeletal stimulants are in high demand due to increasing incidence of lifestyle diseases such as diabetes and obesity. Another important factor that can drive the market expansion is the increasing incidence of stroke or hypertension. Cerebral atherosclerosis and other chronic diseases also contribute to a significant increase in blood pressure. The spread of the dangerous coronavirus has economic implications for almost every industry, including medical device manufacturers. The nationwide...

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Day: August 29, 2024

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