Day: November 6, 2024

McLEAN, Va., Nov. 06, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $197 million contract to support the U.S. Army Combat Capabilities Development Command’s Ground Vehicle Systems Center (GVSC). HII was awarded this contract under the Department of Defense Information Analysis Center’s (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task orders are awarded by the U.S. Air Force’s 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center (DTIC) repository and the research and development and science and technology (S&T) community. Under the five-year task order, HII will research and develop enhancements for GVSC’s ground combat systems and service lifecycle efforts....

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the third quarter of 2024 are attached. Summary: * The Company recorded revenues of USD 1.1 million, down from USD 1.6 million in the third quarter of 2023. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 5.9 million, down from negative USD 0.7 million in the third quarter of 2023. * Free cash increased with USD 7.4 million during the quarter, to USD 13.2 million. A pre-recorded presentation will be available over the internet from 20:00 (local time Norway) today. To access the presentation, please go to the Company’s homepage (www.emgs.com) and follow the link. Contact Anders Eimstad, Chief Financial Officer, +47 94 82 58 36 About EMGS EMGS, the marine EM market...

Press releaseNovember 6, 2024 – N° 16 Proposed public offer for MRM: price adjusted To read this information in full, please confirm that you have read and understood the disclaimer on SCOR’s website here. * *        *SCOR, a leading global reinsurer   As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.   The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.   For more information, visit: www.scor.com   Media Relations...

The new community brings modern elegance to Midtown, offering 376 apartment homes and penthouse residences ATLANTA, Nov. 06, 2024 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner PGIM Real Estate, proudly announces the grand opening of Momentum Midtown, a premier 36-story high-rise apartment community in Midtown Atlanta. Financed with a $96 million construction loan from Wells Fargo Bank N.A., Momentum Midtown welcomed its first residents in June 2024. The community recently celebrated its grand opening with a ribbon cutting event with the development partners, as well as current and future residents. Located at 1018 W. Peachtree Street NW, Momentum Midtown offers proximity to the best of Atlanta’s...

PRINCETON, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) — Sonnet BioTherapeutics Holdings, Inc. (the “Company” or “Sonnet”) (NASDAQ: SONN), a clinical-stage company developing innovative targeted immunotherapeutic drugs, today announced the pricing of an underwritten public offering of 1,111,111 shares of common stock (or pre-funded warrants to purchase shares of common stock in lieu of shares of common stock) and common warrants to purchase up to an aggregate of 2,222,222 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold together with one common warrant at a combined offering price of $4.50, priced at-the-market under the rules of the Nasdaq Stock Market, for total gross proceeds of approximately $5.0 million, before underwriting discounts and commissions and offering...

RANCHO CUCAMONGA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, November 14, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal first quarter ended September 30, 2024. The Company’s results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact the company’s investor relations...

As previously announced, Semnur Pharmaceuticals, Inc. (“Semnur”), a wholly owned subsidiary of Scilex Holding Company, and Denali Capital Acquisition Corp. (Nasdaq: DECA, the “SPAC”) entered into an agreement and plan of merger, dated as of August 30, 2024 (the “Merger Agreement”), related to the proposed business combination (the “Business Combination”) of Denali and Semnur, which provides for a pre-transaction equity value of Semnur of $2.5 billion.The closing of the Business Combination is expected to occur by the first quarter of 2025.As previously disclosed, the Board of Directors of Scilex declared a stock dividend consisting of an aggregate of 5,000,000 shares of Series 1 Mandatory Exchangeable Preferred Stock (the “Dividend”) to Scilex stockholders and certain other securityholders of Scilex as of the Record Date (as defined...

Amsterdam, 6 November 2024 (Regulated Information) — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) reports third quarter 2024 revenue of $356 million, a 3% decrease versus the third quarter of 2023. AMG achieved an adjusted EBITDA of $40 million, supported by an exceptionally strong performance by the AMG Technologies segment showing an increase of 112% compared to the same period in 2023. Dr. Heinz Schimmelbusch, Chairman of the Management Board and CEO, said, “EBITDA continued on a steady growth trend in the third quarter of 2024, during which we achieved $40 million of EBITDA. AMG Technologies delivered a strong performance compared to the third quarter last year with excellent results in a growing market. AMG Engineering secured $131 million in order intake and had a record high order backlog as of September...