Month: August 2024

New York, New York, Aug. 05, 2024 (GLOBE NEWSWIRE) — Ascotway Ltd operating as Eco Modular (“Eco Modular”) is pleased to announce its engagement with Loop Capital, to provide investment banking services. This strategic engagement aims to support Eco Modular’s capital raising efforts and its objective to become a publicly traded company on a U.S. national stock exchange through its announced merger with Zalatoris II Acquisition Corp (“Zalatoris II”).  Engagement Overview Under this agreement, Loop Capital will assist Eco Modular in securing the necessary financing to meet its growth and expansion goals. The partnership will focus on: Capital Raising: Loop Capital will provide expert guidance and support in raising capital to fuel Eco Modular’s ambitious projects and operational expansion. Public Listing Preparation: Loop Capital...

Company expects to commercialize the investigational ARC-EX® System in Q4 2024 and has commenced launch preparations Company preparing to initiate global pivotal trial for investigational ARC-IM® Therapy to address blood pressure instability after spinal cord injury Company expects to advance clinical and development activities for its unique ARC-BCI™ brain-computer interface therapy EINDHOVEN, the Netherlands, Aug. 05, 2024 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today reaffirms its 2024 strategic priorities and releases its unaudited Q2 financial highlights. 2024 Strategic Priorities ARC-EX commercial launch. The Company expects to...

THE WOODLANDS, Texas, Aug. 05, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 568 homes in July 2024. As of July 31, 2024, the Company had 130 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 70,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends...

New York, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) — (OTC: GTII) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com, announced today that Mr. Luke Rahbari, having previously signed an employment agreement with the Company on July 2, 2024, has officially stepped into the position of Chief Executive Officer effective as of August 1, 2024. Mr. Reichman simultaneously retired from his position as CEO, and will continue to support Mr. Rahbari in his endeavors as he takes the helm of GTII. At a board meeting, held on July 31, 2024, Mr. Rahbari’s appointment as Chief Executive officer and as a member of the Board of Directors was confirmed by the Board of Directors by a unanimous vote. David Reichman, Chairman of the Company stated, “After many years of leading GTII, I am retiring from my role as CEO. It has been...

MIAMI, FL and KANSAS CITY, KS, Aug. 05, 2024 (GLOBE NEWSWIRE) — Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE” or “Clover Leaf”), a publicly traded special purpose acquisition company, and Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) today announced that Clover Leaf’s registration statement on Form S-4 has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) as of Tuesday, July 30, 2024, relating to the previously announced proposed business combination by and among Clover Leaf, Kustom Entertainment, Inc. and CL Merger Sub, Inc. Clover Leaf has mailed the definitive proxy statement/prospectus (the “Proxy Statement”) to stockholders of record as of the close of business on July 24, 2024. The Proxy Statement contains information and a proxy card relating to the special meeting of Clover Leaf’s...

ST. LOUIS, Aug. 05, 2024 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the third fiscal quarter ended June 30, 2024. Highlights:Third quarter net sales of $515.4 million Operating profit of $111.6 million, net earnings of $73.7 million and Adjusted EBITDA* of $119.5 million Raised fiscal year 2024 net sales outlook to $1.96-$2.00 billion and Adjusted EBITDA* outlook to $430-$440 million*Adjusted EBITDA is a non-GAAP measure. For additional information regarding non-GAAP measures, see the related explanations presented under “Use of Non-GAAP Measures” later in this release. BellRing provides Adjusted EBITDA guidance only on a non-GAAP basis and does not provide a reconciliation of its forward-looking Adjusted...

ROAD TOWN, British Virgin Islands, Aug. 05, 2024 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”), announces recent changes in its leadership and management structure to the market. These changes reflect the Company’s ongoing commitment to optimizing operations and strengthening its leadership team to achieve strategic objectives. The appointments bring highly qualified and experienced professionals to key positions, ensuring a smooth transition and business continuity.Pitágoras Costa, current Corporate Project Manager, assumes the new position of Director of Projects and Construction, also in Corporate. Pitágoras has extensive experience in project management, development, and implementation, having led studies and project implementations at companies such as Yamana...

SINGAPORE, Aug. 05, 2024 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), a data and technology-driven provider of hotel and hospitality staffing and commercial cleaning and janitorial services, today announces that it has received a deficiency letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Capital Market (“Nasdaq”) on August 1, 2024, notifying the Company that it was not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of...

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date (“Offer”), which include an updated proration factor. No other information about the Offer results has changed. Based on the final count by Equiniti Trust Company, LLC (“EQ”), the depositary for the tender offer, a total of 41,882,825 common shares of ADX were validly tendered and not withdrawn. The total amount of shares tendered exceeded the Offer amount, and the Fund will purchase tendered shares on a pro rata basis, disregarding fractions. The proration factor for shares purchased...