Month: September 2024

EEW Renewables, a Global Renewable Energy Developer, and Compass Digital Acquisition Corp. Announce Definitive Business Combination Agreement

Written by Customer Service on September 6, 2024. Posted in Mergers And Acquisitions.

EEW Renewables Ltd (“EEW” or the “Company”) is a global utility-scale renewable energy project developer across Europe and Australia with expertise across Solar PV, Battery Energy Storage System (“BESS”), and Green Hydrogen. Europe and Australia remain strong markets for renewable projects given the relatively low cost of installation, ease of grid connectivity, and attractive electricity rates. EEW has an established 12-year track record developing ~1.5 GW of renewable energy projects with compelling growth supported by a 9 GW project pipeline. EEW has a unique opportunity to evolve from a pure play developer into an independent power producer (“IPP”), attracting recurring revenue and attractive return on invested capital with the long-term goal of achieving IPP multiples in the public markets. The proposed transaction values EEW at...

Psyence Biomed Announces the Signing of a Conditional Binding Term Sheet for the Acquisition of Psilocybin-Based Drug Developer Clairvoyant

Written by Customer Service on September 6, 2024. Posted in Mergers And Acquisitions.

Clairvoyant currently executing a fully randomized multi-country Phase IIb clinical trial evaluating a synthetic psilocybin candidate as a potential therapeutic for Alcohol Use Disorder (AUD) Topline data from the ongoing Phase IIb AUD study anticipated in early 2025 NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) — Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced that the Company has entered into a conditional binding term sheet with privately-held Clairvoyant Therapeutics Inc (“Clairvoyant”), a clinical-stage developer of psilocybin-based therapeutics based in Canada, for the proposed acquisition by Psyence Biomed of 100% of the shareholdings of Clairvoyant (the “Proposed Acquisition”). As consideration for the Proposed Acquisition, Psyence Biomed will issue US$500,000 of the Company’s common...

Vivid Seats’ Game Center Debuts “Leagues” for NFL Season

Written by Customer Service on September 6, 2024. Posted in Public Companies.

In-App Interactive, Free-To-Play Games Rewards Football Fandom with Free TicketsCHICAGO, Sept. 06, 2024 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced new feature upgrades to Game Center, the brand’s innovative, in-app free-to-play product. Fans will now be able to win free National Football League (NFL) tickets each week and easily earn ticket credits in new ways this season, while competing against friends and family with Game Centers’ “Leagues” in the Vivid Seats app. In Vivid Seats’ Game Center, live event fans can play free daily games to score points towards ticket credits and enter drawings for free tickets. The addition of “Leagues”...

SciSparc-Clearmind Medicine Collaboration Leads to Publication of International Patent Application for Innovative MDMA-Based Combination Treatment

Written by Customer Service on September 6, 2024. Posted in Public Companies.

Pioneering Therapeutic Approach Aims to Enhance Safety and Efficacy in Mental Health and Addiction Treatments TEL AVIV, Israel, Sept. 06, 2024 (GLOBE NEWSWIRE) — SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system, announced today that as part of its ongoing collaboration with Clearmind Medicine Inc. (“Clearmind”) (Nasdaq: CMND) (CSE: CMND) (FSE: CWY0), a biotechnology company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated mental health problems, an international patent application under the Patent Cooperation Treaty has been published for the innovative combination of 3,4-Methylenedioxymethamphetamine...

Clearmind Medicine Announces Publication of International Patent Application for Innovative MDMA-Based Combination Treatment

Written by Customer Service on September 6, 2024. Posted in Public Companies.

Pioneering Therapeutic Approach Aims to Enhance Safety and Efficacyin Mental Health and Addiction Treatments Vancouver, Canada, Sept. 06, 2024 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the “Company”), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced the publication of an international patent application under the Patent Cooperation Treaty (“PCT”) for its innovative combination of 3,4-Methylenedioxymethamphetamine (MDMA) with N-Acylethanolamines. The patent application was filed as part of the Company’s ongoing collaboration with SciSparc Ltd. (Nasdaq: SPRC) (“SciSparc”), a specialty pharmaceutical company in the clinical trial phase, dedicated...

Frequency Electronics, Inc. Announces Inaugural Quantum Sensing Summit: A Pioneering Event to Shape the Future of Quantum Technology

Written by Customer Service on September 6, 2024. Posted in Public Companies.

MITCHEL FIELD, N.Y., Sept. 06, 2024 (GLOBE NEWSWIRE) — Today Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is proud to announce the inaugural Quantum Sensing Summit, an exclusive gathering of the brightest minds, leading industry players, and key government decision-makers dedicated to advancing the field of quantum sensing. As both host and sponsor, Frequency Electronics is committed to driving innovation and transforming research discoveries into real-world applications. The summit will be held on October 10-11, 2024 in New York, NY and will bring together leaders from government, research, and industry for a one-day event focused on “Achieving Production-Ready Quantum Sensing Technologies.” With an agenda designed to foster collaboration, the summit aims to bridge the gap between cutting-edge research and...

Casella Recognizes 2024 Sustainability Leaders

Written by Customer Service on September 6, 2024. Posted in Public Companies.

Novolex, City of Biddeford, and Philips Academy honored for excellence in sustainability RUTLAND, Vt., Sept. 06, 2024 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST) (“Casella”), a regional solid waste, recycling, and resource management services company, recently honored three organizations for their leadership in sustainability as part of Casella’s annual Sustainability Leadership Awards. The Casella Sustainability Leadership Awards recognize partners and customers who best exemplify what we can achieve when we work together to reduce waste, increase recycling, and advance the circular economy. Each year, winners are selected from an inspiring slate of nominees, including municipalities, businesses, manufacturers, and higher education and healthcare institutions. “We are always excited to acknowledge and celebrate...

Brady Corporation Reports Record EPS in its Fiscal 2024 Fourth Quarter, Expands its Share Buyback Program and Announces its Fiscal 2025 EPS Guidance

Written by Customer Service on September 6, 2024. Posted in Earnings Releases And Operating Results.

Diluted EPS increased 15.0 percent to a record high of $1.15 in the fourth quarter of fiscal 2024 compared to $1.00 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 14.4 percent to a record high of $1.19 in the fourth quarter of fiscal 2024 compared to $1.04 in the same quarter of the prior year. Gross profit margin increased to 51.6 percent in the fourth quarter of fiscal 2024 compared to 50.8 percent in the same quarter of the prior year. Net cash provided by operating activities increased to a record high of $255.1 million in fiscal 2024 compared to $209.1 million in fiscal 2023. On September 4, 2024, Brady’s Board of Directors authorized an additional $100 million of shares for repurchase, which based on current share prices equates to approximately 1.5 million shares and approximately 3.0 percent...

ABM Reports Third Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

Written by Customer Service on September 6, 2024. Posted in Earnings Releases And Operating Results.

Revenue up 3.3% to $2.1 billion, including organic growth of 2.8% Net income of $4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreement Adjusted net income of $59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectively Adjusted EBITDA of $128.1 million, up 2% Raises outlook for fiscal year 2024 Adjusted EPS to $3.48 to $3.55, from $3.40 to $3.50 (1)NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2024. “ABM’s strong third quarter performance is further validation that our strategy is working. Our investments in the energy resiliency markets, particularly in microgrids, which grew significantly,...

Huize Holding Limited to Report Second Quarter 2024 Financial Results on September 25, 2024

Written by Customer Service on September 6, 2024. Posted in Public Companies.

SHENZHEN, China, Sept. 06, 2024 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it plans to release its second quarter 2024 unaudited financial results before the U.S. market opens on Wednesday, September 25, 2024. The Company’s management team will hold an earnings conference call at 8:00 A.M. Eastern Time on Wednesday, September 25, 2024 (8:00 P.M. Beijing/Hong Kong Time on Wednesday, September 25, 2024). Details for the conference call are as follows: Event Title: Huize Holding Limited’s Second Quarter 2024 Earnings Conference Call Registration Link: https://register.vevent.com/register/BId0560560e56046b6aebe3fdd2b12cd48 All...

Month: September 2024

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