Day: November 22, 2024
PHILADELPHIA, Nov. 22, 2024 (GLOBE NEWSWIRE) — Axalta (NYSE: AXTA), a leading global coatings company, has won a 2024 R&D 100 Award in the Mechanical and Materials category. Axalta’s Primerless Consolidated Coating System is used in a streamlined, consolidated automotive paint process that delivers superior color capability, especially for glamorous and difficult to create colors. The coating system, together with this consolidated process, provides sustainability and productivity to automotive paint shops.
Many automotive coatings are applied in a multi-layer painting process of primer, colored basecoats and clearcoat with solvent evaporation between layer application. Axalta’s latest innovation is a paint system that achieves pearlescent effects without using a primer and with further reduction in basecoat application steps...
AI Unlimited Group Expands AI-Driven Solutions as Services Sector Growth Creates New Opportunities
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LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) — AI Unlimited Group Inc. (OTCQB: AIUG), a leader in AI innovation across fintech, travel, and investment sectors, is excited to announce its strengthened commitment to providing AI-powered tools and solutions as the U.S. services sector continues to show promising growth. With the latest S&P Global Services PMI report highlighting the ongoing expansion and resilience of the services industry, AI Unlimited’s technology offers timely support to businesses aiming to enhance operational efficiency and customer engagement in this evolving landscape.
The latest PMI reading for November, which underscores the stability and growth within the U.S. services sector, signals increased opportunities for AI-driven solutions to optimize and scale customer interactions, data insights, and operational...
Canoo Announces Adjournment of Annual Meeting
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JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockholders (the “Annual Meeting”) in order to provide stockholders additional time within which to vote on all proposals.
At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the Company’s common stock to constitute a quorum. The Company’s Board of Directors continues to believe that all of the proposals contained in the proxy statement are advisable and in the best interests of the Company’s stockholders to consider and act upon. Therefore, the Company adjourned the Annual Meeting.
The adjourned meeting will be held at 8:30 a.m. Central Time on December 6, 2024 at the following url: www.virtualshareholdermeeting.com/GOEV2024....
Rush Street Interactive to Participate at Upcoming Investor Conferences
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CHICAGO, Nov. 22, 2024 (GLOBE NEWSWIRE) — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that Richard Schwartz, Chief Executive Officer and Kyle Sauers, Chief Financial Officer, will present at the Needham 4th Annual Consumer Tech/Ecommerce Virtual Conference on Monday, November 25 at 3:45 p.m. Eastern Time. The Company will also present at Craig-Hallum’s 4th Annual Online Gaming Conference on Monday, December 2 at 10:00 a.m. Eastern Time.
A live audio webcast of both presentations will be available through the “Investors” section of the Company’s website at www.rushstreetinteractive.com. Replays of the webcasts will be archived on the Company’s website for 90 days.
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Abaxx Announces Closing of C$2.1 Million First Tranche of Strategic Financing
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TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce it has today closed the first tranche (the “First Tranche”) of a non-brokered private placement financing with a strategic investor (the “Financing”). The First Tranche consisted of the issuance of 162,000 common shares (the “Shares”) of the Company at a price of C$13.00 per Share for aggregate gross proceeds of C$2,106,000. The Company...
Spirit Blockchain Acquires Dogecoin Portfolio Holding Corp., Paving the Way for Expanded Ecosystem Utility as the first public proxy and for Future Adoption
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Vancouver, BC, Nov. 22, 2024 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR), (“Spirit”), a leader in digital finance and blockchain innovation, is pleased to announce the closing of the acquisition of Dogecoin Portfolio Holding Corp marking a pivotal milestone in our mission to lead the transformation from traditional asset management to a tokenized and digital asset world.
A New Chapter in the Dogecoin Ecosystem
This acquisition of Dogecoin Portfolio Holding Corp. positions Spirit as a powerful player in the Dogecoin ecosystem, a symbol of the democratization of finance through decentralization and community-driven innovation. We are committed to delivering value to our stakeholders while expanding the functionality of Dogecoin Portfolio Holding Corp. within traditional and digital...
Xos, Inc. Powers Crown Linen Service, Inc.’s Energy Initiatives with Battery-Electric Stepvans
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LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, is excited to announce a purchase order from Crown Linen Service, Inc., a leading provider of linen and uniform rental services. Crown Linen has ordered two fully electric 22′ stepvans, reflecting its commitment to sustainability and reducing its environmental impact.
“We are thrilled to partner with XOS, Inc. in our journey towards a greener future,” said Plato Spilios, Co-President of Crown Linen Service, Inc. “Integrating electric vehicles into our fleet is a crucial part of our strategy to provide environmentally responsible services to our customers while maintaining the highest standards of efficiency and reliability.”
The Xos SV stepvans, with zero tailpipe emissions, align with Crown Linen’s comprehensive...
Fairfax Completes C$700,000,000 Senior Notes Offering
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TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering (the “Offering”) of (i) C$450 million in aggregate principal amount of 4.73% Senior Notes due 2034 and (ii) C$250 million in aggregate principal amount of 5.23% Senior Notes due 2054 (collectively, the “Senior Notes”).
The Senior Notes were offered through a syndicate of dealers led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., as joint bookrunners, and included Merrill Lynch Canada Inc., National Bank Financial Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada...
Dynagas LNG Partners LP Reports Results for the Three and Nine Months Ended September 30, 2024
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ATHENS, Greece, Nov. 22, 2024 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (“the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and nine months ended September 30, 2024.
Nine months Highlights:Net Income and Earnings per common unit (basic and diluted) of $37.5 million and $0.75, respectively;
Adjusted Net Income(1) of $39.2 million and Adjusted Earnings per common unit(1) (basic and diluted) of $0.80;
Adjusted EBITDA(1) $86.5 million; and
100% fleet utilization(2).Quarter Highlights:Net Income and Earnings per common unit (basic and diluted) of $15.1 million and $0.32, respectively;
Adjusted Net Income(1) of $14.5 million and Adjusted Earnings per common unit(1) (basic and diluted) of $0.30;
Adjusted EBITDA(1) $28.9 million;
100%...
Codere Online to Release Financial Results for the Third Quarter 2024 on November 27th
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Madrid, Spain and Tel Aviv, Israel, November 22, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its third quarter 2024 results prior to 8:30AM US Eastern Time on November 27, 2024.
At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update.
The Company’s earnings press release and related materials will be available on Codere Online’s website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link are accessible on the Events & Presentations section of the same website. A recording of the webcast will be available following...