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Day: November 13, 2024

LPL Financial Welcomes Financial Advisors Ryan Kirby, Michael Alvarez

SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisors Ryan Kirby, CFP®, and Michael Alvarez have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Seapoint Wealth Advisors (Seapoint). Kirby and Alvarez reported serving approximately $540 million in advisory, brokerage and retirement plan assets,* and they join LPL from U.S. Bank. Based in San Diego, Kirby and Alvarez are longtime colleagues who built their practices on the foundation of personal connections and a commitment to making a positive impact in the lives of their clients. With Kirby serving as a mentor to Alvarez early on, they now embark on the journey to independence as business partners with a shared vision and aspiration for the future. “After a long career of learning and...

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Kandi Technologies to Report Third Quarter 2024 Financial Results and Hold a Conference Call on November 18, 2024

Jinhua, China, Nov. 13, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its third quarter 2024 financial results on Monday, November 18, 2024.  The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (9:00 P.M. Beijing Time) on Monday, November 18, 2024. Management will deliver prepared remarks to be followed by a question and answer session.  The dial-in details for the conference call are as follows:Toll-free dial-in number: +1-877-407-3982 International dial-in number: + 1-201-493-6780 Webcast and replay:  https://viavid.webcasts.com/starthere.jsp?ei=1698022&tp_key=93f9b92661The live audio webcast of the call can also be accessed by visiting Kandi’s Investor...

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Montana Technologies Announces Name Change to AirJoule Technologies

RONAN, Mont., Nov. 13, 2024 (GLOBE NEWSWIRE) — Montana Technologies Corporation (NASDAQ: AIRJ), the developer of the transformational AirJoule® technology for atmospheric water harvesting, today announced that it has changed its corporate name to AirJoule Technologies Corporation (“AirJoule Technologies” or the “Company”), effective immediately. The Company’s common stock and warrants will continue to trade on the Nasdaq Capital Market under the ticker symbols “AIRJ” and “AIRJW”, respectively; no action is required by existing stockholders. The AirJoule Technologies name better reflects the Company’s position as the developer of AirJoule® – the most advanced dehumidification and water harvesting technology in the market. The change also aligns the corporate name with AirJoule, LLC, the Company’s 50/50 joint venture with GE Vernova...

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Smart Transportation Market to Surpass Valuation of USD 293.84 Billion by 2031 | SkyQuest Technology

Westford,USA, Nov. 13, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Smart Transportation Market will reach a value of USD 293.84 Billion by 2031, with a CAGR of 13% during the forecast period (2024-2031). The expansion of the market is primarily attributed to the growing advancements in urban projects, the initiatives undertaken by the governments to mitigate the emissions of greenhouse gases, and the increasing demand for the inclusion of technology in traffic management systems. The majority of cities face serious challenges with low-quality, unsafe public transportation, insufficient management capabilities, diminished road safety concerns, ineffective traffic control, and parking issues (including pedestrian walkways). As a result, there will probably be a large increase in demand for smart transport systems soon. Download...

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Bitcoin Depot Reports Third Quarter 2024 Financial Results

ATLANTA, Nov. 13, 2024 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com. “During the third quarter, we made significant strides in expanding our Bitcoin ATM network while working to optimize existing machines for greater profitability,” said Brandon Mintz, CEO and Founder of Bitcoin Depot. “We ended the quarter with 8,300 machines, surpassing our goals and reflecting our team’s execution and vision to enhance Bitcoin’s accessibility. “In the past year, we’ve focused on relocating underperforming...

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Design Therapeutics to Participate in Multiple Upcoming Investor Conferences

CARLSBAD, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) — Design Therapeutics, Inc. (Nasdaq: DSGN), a clinical-stage biotechnology company developing treatments for serious degenerative genetic diseases, today announced that management will participate in the following upcoming investor conferences: 2024 Jefferies London Healthcare ConferencePresentation: Tuesday, November 19, 2024, at 10:00 a.m. GMTLocation: London, UK Piper Sandler 36th Annual Healthcare ConferenceFireside Chat: Tuesday, December 3, 2024, at 11:30 a.m. ETLocation: New York, NY Live webcasts of the presentations will be available here and in the investors section of the company’s website at www.designtx.com. The webcasts will be archived for at least 30 days following each presentation. About Design TherapeuticsDesign Therapeutics is a clinical-stage biotechnology company...

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Clear Aligners Market to Reach Market Valuation of USD 43.4 Billion by 2031 | SkyQuest Technology

Westford,USA, Nov. 13, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Clear Aligners Market will reach a value of USD 43.4 Billion by 2031, with a CAGR of 30.7% during the forecast period (2024-2031). Clear aligners are witnessing a surge in popularity owing to trends like aesthetics, convenience, comfort, projected results, and improved patient experience. Moreover, the market is propelled by the growing incidences of malocclusion, the rising acceptance of orthodontic treatment among a large adult population, and technological advancements that improve the effectiveness and precision of clear aligners. In addition, the growing demand for aesthetic treatments by a larger patient population is fueling the market growth. Download a detailed overview: https://www.skyquestt.com/sample-request/clear-aligners-market Browse in-depth...

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Stronghold Announces Third Quarter 2024 Operating and Financial Results

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced the following: Recent Financial HighlightsRevenues of $11.2 million, down 42% sequentially and 37% year-over-year. Revenues comprised $10.6 million from cryptocurrency operations and $0.5 million from the sale of energy. GAAP Net Loss of $22.7 million and non-GAAP Adjusted EBITDA Loss of $5.5 million.Merger Agreement with Bitfarms On August 21, 2024, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Bitfarms Ltd., a corporation incorporated under the Canada Business Corporations Act and continued under the Business Corporations Act (Ontario) (“Bitfarms”) and certain affiliates of Bitfarms. Under the terms of the Merger Agreement, Stronghold shareholders...

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Clene Reports Third Quarter 2024 Financial Results and Recent Operating Highlights

Clene met with the U.S. Food and Drug Administration (FDA) on November 1, 2024, in a Type C meeting to discuss the potential for an accelerated approval pathway in ALS and are awaiting meeting minutes Cash, cash equivalents and marketable securities of $14.6 million as of September 30, 2024 Amended debt agreement with Avenue Capital to defer principal payments and extend maturity of facility to second quarter of 2025 Completed registered direct offering and concurrent private placements to raise $7.3 million in gross proceeds on October 1, 2024SALT LAKE CITY, Nov. 13, 2024 (GLOBE NEWSWIRE) — Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases,...

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atai Life Sciences Reports Third Quarter 2024 Financial Results and Provides Corporate Updates

– The United States Food and Drug Administration cleared the investigational new drug application for VLS-01 (buccal film DMT); atai expects to initiate a Phase 2 study in treatment-resistant depression patients around YE’24 – Remain on track to initiate a Phase 2 study of EMP-01 (oral R-MDMA) in social anxiety disorder patients around YE’24 – Cash, marketable securities, and committed term loan funding expected to fund operations into 2026 NEW YORK and BERLIN, Nov. 13, 2024 (GLOBE NEWSWIRE) — atai Life Sciences (NASDAQ: ATAI) (“atai” or “Company”), (NASDAQ: ATAI) (“atai” or “Company”), a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, today announced third quarter 2024 financial results and provided corporate updates. “As we approach the end of 2024, we continue...

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