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Month: August 2024

Technical Update: NEO Battery Advances Silicon Anode Technology with Extended Battery Capacity Performance

TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) — (TSXV: NBM) (OTC: NBMFF)Silicon Anode Technology Advancement with Extended Capacity Performance & Sustained Low-Cost AdvantageRecord-High Battery Performance Metric that Meets or Exceeds Industry Standards and Similar Commercial Products Two-Way Coating Enhancement: Simple, Feasible, and Low-CostPlanned Release of New Silicon-Carbon (Si-C) Anode Product Due to High Working Party & Industry Demand Recycled Silicon Evaluation In-Progress with Lotus Energy & INNOX eco-M Products South Korea Ministry of Science & ICT Certification as Recognized Corporate Research InstituteNEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce technological...

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Sustainable Packaging Market Set for 7.8% CAGR Surge, Reaching USD 530.61 Billion by 2031 | SkyQuest Technology

Westford, USA, Aug. 13, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global Sustainable Packaging Market will attain a value of $530.61 Billion by 2030, with a CAGR of 10.30% during the forecast period (2024-2031). The global sustainable packaging industry is witnessing a significant increase and transformation due to rise in consumer awareness and demand for eco-friendly and sustainable packaging solutions. Market research indicates that there is a shift toward packaging materials and techniques that are more ecologically friendly and promote a circular economy. Sustainable packaging aims to reduce waste, use renewable resources, and lower carbon emissions. Businesses are using innovative packaging materials including bioplastics, recycled materials, and biodegradable packaging to satisfy sustainability requirements. Strict...

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SAMUEL ADAMS DOMINATES WORLD BEER AWARDS WITH FOUR GOLDS AS NEW AMERICAN LIGHT CONTINUES ITS EXPANSION IN THE U.S.

Boston Beer’s medal haul includes Gold for Samuel Adams American Light, the easy-to-drink light beer’s second award this year following spring launchSamuel Adams American LightBoston Beer’s medal haul includes Gold for Samuel Adams American Light, the easy-to-drink light beer’s second award this year following its spring launch.BOSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) — The Boston Beer Company’s Samuel Adams brand, one of the originators of the craft beer movement, dominated the podium at the World Beer Awards in the U.K. last week with four of its entries winning both Gold and Best in Country awards. To find any of these award-winning beers at a store near you, check out the Samuel Adams product finder here. “I’m so proud of all of our brewers, who spent countless hours perfecting the recipes for each of these beers,”...

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Trust Stamp Provides a Business Report and Financial Results for the Six Months Ended June 30, 2024

Atlanta, GA, Aug. 13, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, announced financial results and provided a business update for the six months ended June 30, 2024. These included a 100% year-on-year increase in enrolled customers and increases in Net Revenue for each of the quarter and six-month periods ending June 30, 2024. Trust Stamp Chief Executive Officer Gareth N. Genner commented, “I am pleased to report our progress for the six months ended June 30, 2024. The relationship with our long-term customers remains very strong, and we anticipate long-term growth in the revenue derived from those relationships. In parallel, as we have previously reported, our SaaS offerings via our Orchestration Layer are an...

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Jamaica Responds to Music Licensing Inc.’s Negotiation Request After Cooling-Off Period Ends, Prompting Further Discussions

Naples, FL, Aug. 13, 2024 (GLOBE NEWSWIRE) —  Music Licensing, Inc. (OTC: SONG) and Jake P. Noch Family Office, LLC. are currently engaged in ongoing negotiations with the Government of Jamaica. This follows a delayed response to Music Licensing Inc.’s formal request for discussions, which was only received after the legally mandated cooling-off period had concluded. The cooling-off period, intended as a critical phase for allowing amicable dispute resolution, was fully exhausted without a timely response from the Jamaican authorities. Despite this delay, Music Licensing, Inc. and Jake P. Noch Family Office, LLC. remain committed to good-faith negotiations with the Government of Jamaica. However, should a satisfactory monetary resolution in favor of Music Licensing, Inc. not be achieved promptly, the companies will have no alternative...

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Vantage Drilling International Ltd. Reports Second Quarter 2024 Results

DUBAI, United Arab Emirates, Aug. 13, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net loss attributable to shareholders of approximately $14.2 million or $1.07 per diluted share for the three months ended June 30, 2024, based on weighted average shares outstanding, as compared to a net income attributable to shareholders of approximately $1.5 million or $0.11 per diluted share for the three months ended June 30, 2023. As of June 30, 2024, Vantage had approximately $50.8 million in cash. This total includes $10.5 million of restricted cash and $12.8 million pre-funded by our Managed Services customers for near-term obligations. In comparison, on December 31, 2023, Vantage had $84.0 million in cash, including $10.8 million of restricted cash and $11.6 million pre-funded...

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Solidion Technology Reports Results for Q2 2024

Net Income of approximately $22 Million and EPS of $0.23 primarily due to change in value of derivative liabilities $2.9 million loss from continuing operationsDALLAS, Aug. 13, 2024 (GLOBE NEWSWIRE) — Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today announced it has released financial and operating results for the second quarter of 2024. The unaudited condensed consolidated financial statements of Solidion and additional information, including updated pro forma information, can be found in Solidion’s Form 10-Q, filed with the Securities and Exchange Commission on August 13th, 2024 (the “Form 10Q”). This earnings release should be read together with the information contained in the Form 10-Q. Select 2nd Quarter HighlightsNet Income of $22,018,416,...

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LPL Highlights Advanced Solutions for Advisors to Thrive Throughout the Lifecycle of Their Business

At Focus 2024, its flagship industry conference, LPL features strategic priorities and expanded portfolio of resources to help advisors nurture highly successful businesses SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) — At its annual Focus conference, LPL Financial LLC shared its priorities for helping financial advisors and financial institutions advance their businesses by providing personalized support that enables custom client experiences, building flexible operating environments by leveraging innovative technology, and supporting advisors’ growth and legacy planning. “Being the best firm in our industry at helping clients define and maximize their success throughout their business lifecycle. For all of us at LPL, that’s our very clear vision for the company’s success,” said Rich Steinmeier, chief growth officer, LPL Financial,...

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Star Equity Holdings, Inc. Announces 2024 Second Quarter Financial Results

Timber Technologies acquisition marks major Company milestone; diversifies Building Solutions division revenue streams and improves Star’s overall cash flow and profitability Recent sale-leaseback transactions significantly improve liquidity position and ability to execute growth strategy Announces $1 million common stock repurchase program OLD GREENWICH, Conn., Aug. 13, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) ended June 30, 2024. All 2024 and 2023 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 reporting period, unless stated otherwise, relate to continuing operations, which currently...

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Janover Reports Second Quarter 2024 Financial Results and Provides Business Update

With Another Quarter of Sequential Revenue Growth Achieved a Record 20% of Total Revenue from Recurring and Subscription Revenue BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) — Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, provided a business update, and announced its financial results for the second quarter ended June 30, 2024. Q2 2024 Financial Highlights7% sequential increase in revenue for Q2 2024 compared to Q1 2024; 20% of revenue from recurring and subscription revenue in Q2 2024; Groundbreaker Platform achieved profitability in Q2 2024, with over 200% quarterly increase in operating margin; Janover Insurance Group achieved profitability in its second month of operation, increasing total recurring revenue by more than 60% in May; $3.2 million...

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