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Month: August 2024

SEALSQ Introduces QS7001, a Newly Developed Cutting-Edge RISC-V Secure Hardware Platform, Specifically Designed for IoT security in the Post-Quantum Era

Geneva, Switzerland, Aug. 19, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, is pioneering the shift to quantum-resistant cybersecurity with its newly developed post-quantum chip, QS7001. As the digital age progresses, the need for robust, quantum-resilient security becomes more pressing than ever. SEALSQ’s groundbreaking platform represents a vital advancement in securing critical data and infrastructure against the imminent threats posed by quantum computing. SEALSQ’s QS7001: A Game-Changer in Post-Quantum Cybersecurity In response to the growing quantum threat, SEALSQ has introduced the QS7001, a cutting-edge RISC-V secure hardware platform specifically...

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Compass Diversified-Backed Altor Solutions to Acquire Lifoam Industries

WESTPORT, Conn., Aug. 19, 2024 (GLOBE NEWSWIRE) — Altor Solutions (“Altor”), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of custom protective and cold-chain packaging solutions for the industrial and life sciences markets, today announced it has entered into a definitive agreement to acquire Lifoam Industries, LLC (“Lifoam”), a manufacturer and distributor of temperature-controlled shipping solutions, for an enterprise value of $137 million in cash at closing (excluding working capital and certain other adjustments). Founded in 1954, Lifoam is a leading manufacturer of temperature-controlled packaging products such as thermal shippers and refrigerant gel packs for the healthcare, commercial and retail industries. Lifoam is a carve-out of the material sciences company Jadex Inc. The acquisition...

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VCI Global Announces 44% Revenue Growth in Its Financial Results for the Six Months Ended June 30, 2024; Announces US$10 Million Share Repurchase Program Over 2 Years

KUALA LUMPUR, Malaysia, Aug. 19, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”), a diversified holding company specializing in consulting, fintech, artificial intelligence (AI), robotics and cybersecurity, is proud to announce its unaudited financial results for the six months ended June 30, 2024 (the “Interim Results”) (the “Financial Results”). Financial HighlightsVCI Global achieved an impressive total revenue of $13.7 million for the six months ended June 30, 2024, marking a 44% YoY growth. Gross profit experienced a substantial YoY growth of 57%, reaching $12.9 million for the six months ended June 30, 2024. Net income surged to $5.4 million for the six months ended June 30, 2024, reflecting a remarkable growth of 25%. VCIG’s business strategy consultancy...

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Azrieli Group Reports Q2/2024 Results

NOI (excluding Compass, which was sold) in Q2 is up around 5% year-over-year totaling some NIS 553 million Total FFO is up around 17% year-over-year totaling a record NIS 419 million; FFO in Q2 excluding senior housing is up around 11% year-over-year totaling some NIS 379 million TEL AVIV, Israel, Aug. 19, 2024 (GLOBE NEWSWIRE) — Eyal Henkin, CEO of Azrieli Group: “We are concluding another good quarter for the Group with continued growth in the same-property NOI and record double-digit quarterly FFO growth. The offices segment continues to present good results while maintaining high occupancy rates. We are seeing rising interest from potential tenants and are working to seize the various opportunities. The Group’s malls presented growth across all parameters, with a continued increase in store revenues. The Data Centers segment...

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Calibre Scientific Acquires Industrial Glassware, a U.S. Manufacturer and Provider of Laboratory Supplies and Consumables

LOS ANGELES, Aug. 19, 2024 (GLOBE NEWSWIRE) — Calibre Scientific is pleased to announce the acquisition of Industrial Glassware (the “Company”), a U.S.-based manufacturer of caps, glass vials, glass and plastic bottles, jars, and provider of other related laboratory consumables used in the chemical, environmental laboratory, and industrial end markets. The acquisition of Industrial Glassware enhances Calibre Scientific’s U.S. manufacturing operations and expands its global portfolio of laboratory-related consumables. Founded in 1988, Industrial Glassware has supplied the North American market for over 35 years and has built up a strong reputation in the market and long-standing client relationships. The Company is well positioned in the market as a provider of high-quality containers for the environmental industry as well as caps...

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Correction: Form 8.3 – Amendment International Distribution Services Plc

FORM 8.3 AMENDMENTPUBLIC 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: Jupiter Fund Management Plc(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.  (c)   Name of Offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree International Distributions Services plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date dealing undertaken:        For...

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Tonix Pharmaceuticals Reports Second Quarter 2024 Financial Results and Operational Highlights

On track to submit NDA in second half 2024 for TNX-102 SL for fibromyalgia; completed successful pre-NDA meetings with FDA in second quarter 2024 FDA granted Fast Track designation for TNX-102 SL for fibromyalgia Commercial planning continues for U.S. launch of TNX-102 SL, a potential new first-line, centrally-acting, non-opioid analgesic for the management of fibromyalgia U.S. Department of Defense contract awarded for up to $34 million over 5 years to develop a broad-spectrum antiviral drug World Health Organization (WHO) recently declared spread of mpox in multiple African countries a public health emergency of international concern – Tonix’s TNX-801 is an mpox vaccine in development which protects animals against lethal challenge of monkeypox virus CHATHAM, N.J., Aug. 19, 2024 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding...

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CN Issues Lockout Notice to Teamsters

Railroad Continues to Safely Shutdown Canadian Rail Network as Parties Remain Far Apart MONTREAL, Aug. 18, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) has issued notice to the Teamsters Canada Rail Conference (TCRC) formally advising them of its intention to lockout Canadian TCRC-represented employees on Aug. 22 at 00:01 ET unless an agreement or binding arbitration is achieved before that time. Despite negotiations over the weekend, no meaningful progress has occurred, and the parties remain very far apart. Unless there is an immediate and definite resolution to the labour conflict, CN will have no choice but to continue the phased and progressive shutdown of its network which would culminate in a lockout. CN must continue with the progressive and planned shutdown of its network, as we remain under the threat of an unpredictable...

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Kaldalón hf.: Birting á vottaðri umgjörð um græna fjármögnun

Kaldalón hefur birt umgjörð um græna fjármögnun í þeim tilgangi að geta gefið út græn skuldabréf (Green Financing Framework). Markmið útgáfu umgjarðarinnar er að fjármagna eða endurfjármagna umhverfisvottaðar fasteignir, umhverfisvænar fjárfestingar og önnur verkefni í samræmi við stefnu félagsins. Verkefnin sem fjármögnuð verða með grænum skuldabréfum þurfa að uppfylla þau skilyrði sem koma fram í umgjörð  félagsins, en umgjörðin byggir á alþjóðlegum viðmiðum (e. Green Bond Principles) sem International Capital Market Association (ICMA), Alþjóðasamtökum aðila á verðbréfamarkaði hafa sett saman af eftirfarandi stoðum:Ráðstöfun fjármuna Ferli um mat og val á verkefnum Stýring fjármuna UpplýsingagjöfUmgjörðin hefur hlotið vottun frá Sustainalytics sem er leiðandi viðurkenndur vottunaraðili á heimsvísu. Samkvæmt vottuninni er umgjörð...

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