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Day: December 2, 2024

Asia Pacific Wire & Cable Corporation Limited Reports Third Quarter 2024 Financial Results

TAIPEI, Taiwan, Dec. 02, 2024 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced the Company’s financial results for the nine months ended September 30, 2024. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported.First Nine Months 2024 Financial Results (Ended September 30, 2024), and 2023 comparative results   First 9 Months 2024 First 9 Months 2023 CHANGERevenues $ 336.6 million $ 294.2 million 14.4%Operating Profit $ 4.5 million $ 0.1 million 3970.0%Net Income $ 0.9 million $ 1.1 million (19.5)%EPS1 $ 0.04 $ 0.05 (20.0)% Revenues...

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BIO-key and Fiber Food Systems Inc. Collaborate to Enhance Security and Efficiency in the Food Tech Sector

Transaction Strengthens Balance Sheet with $5M in Assets HOLMDEL, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB) for phoneless, tokenless, passwordless, and phish-resistant authentication experiences, today announced it has entered into an agreement with Fiber Food Systems, Inc. (“Fiber”), an innovative company with focus on global food security, developing innovation food-technology, and producing high-demand CPG products and plant-based proteins at scale. In the transaction, BIO-key acquired 5,000,000 shares of common stock of Boumarang, Inc. from Fiber in exchange for 595,000 shares of BIO-key, representing nineteen percent (19.00%) of its issued and outstanding...

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CEMATRIX Announces the Retirement of Jeff Kendrick

CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products, today announces the retirement of Mr. Jeff Kendrick, President and Chief Executive Officer, effective November 29, 2024. Mr. Kendrick has also retired from the Board of Directors of the Company effective November 29, 2024. Mr. Kendrick has chosen to retire for personal and family reasons. Mr. Kendrick founded the Company in 1999 and took the Company public in 2005 through a reverse takeover. Mr. Kendrick has led the Company for 25 years including through many stages of growth both in Canada and the United States. Under Mr. Kendrick’s leadership, the Company has prospered and grown. Mr. Kendrick successfully...

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ASP Isotopes Inc. to host Investor Access Event in South Africa from January 14-16, 2025

WASHINGTON, Dec. 02, 2024 (GLOBE NEWSWIRE) — ASP Isotopes Inc. NASDAQ: ASPI (“ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today announced that it will host an Investor Access Event in South Africa from January 14-16, 2025. All investors are invited to request a registration to attend the Investor Access Event. ASP Isotopes values transparency and open communication with all stakeholders and counterparties. During 2024, the Company welcomed over 60 investors and corporate clients to its facilities in South Africa. The timing of the event for investors departing from the USA allows for the following schedule:  Sun, Jan 12 (evening)         Mon, Jan 13 (evening)         Tue, Jan 14 (all...

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VERSES to Provide End of Year Update Including Milestone Benchmark Results

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in next-generation intelligent systems, announces milestones for the year end update of significant progress in research and product development. “This has been a transformative year for VERSES, but we are not done yet,” said Gabriel René, founder and CEO of VERSES. “Over the next few weeks, we intend to share our achievements from research, including benchmark results from the Atari 10K challenge, a demonstration of Genius that highlights the pragmatic value it can deliver today beyond current LLMs, and general Company and commercial updates.” Benchmark: Atari 10K Progress VERSES is seeing very positive results during its internal testing...

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Psychemedics Corporation Announces Reverse and Forward Stock Split

DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) — Psychemedics Corporation (Nasdaq: PMD) (the “Company”), the world’s leading provider of hair testing for drugs of abuse, today announced that, following the approval of the Company’s stockholders at its Annual Meeting of Stockholders held on November 25, 2024, the Company’s Board of Directors has approved a 1-for-5,000 reverse stock split of its common stock (the “Reverse Stock Split”) followed immediately by a 5,000-for-1 forward stock split of its common stock (the “Forward Stock Split,” and together with the Reverse Stock Split, the “Stock Split”), to be effective at 5:01 p.m. and 5:02 p.m., Eastern Time, respectively, on Tuesday, December 3, 2024. Beginning with the opening of trading on Wednesday, December 4, 2024, the Company’s common stock will continue to trade on the Nasdaq Capital...

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Bitcoin Well Announces Bitcoin Purchase and Brokered Private Placement Offering of Up to $2.0 Million of Convertible Debenture Units Led by Haywood Securities Inc. with $500,000 of Insider Participation

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. EDMONTON, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence, is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) to act as lead agent and sole bookrunner, together with a syndicate of agents (the “Agents”), in connection with a best-efforts private placement of up to approximately $2,000,000 convertible debenture units (the “Debenture Units”) at a price of $1,000 per Debenture Unit (the “Offering”). Each Debenture Unit shall consist of: (i) one 8% $1,000 principal amount unsecured convertible debenture (each, a ”Debenture”); and (ii) 4,347...

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Polyrizon Enters into GMP Manufacturing Agreement for CTM Supply of its PL-14 Allergy Blocker in Preparation for Planned 2025 Clinical Trial

The engagement with an EU-based GMP manufacturing facility enables timely production and preparation for clinical trial. The EU-based GMP manufacturer has large-scale commercial production capabilities, to support Polyrizon in future commercialization efforts Raanana, Israel, Dec. 02, 2024 (GLOBE NEWSWIRE) — Polyrizon Ltd. (the “Company” or “Polyrizon”), a development stage biotech company specializing in the development of innovative intranasal hydrogels, announces today the signing of a manufacturing agreement with Eurofins CDMO Amatsiaquitaine S.A.S, a leading European-based Good Manufacturing Practice (GMP) manufacturer. This collaboration will supply Clinical Trial Material (CTM) for Polyrizon’s PL-14 allergy blocker, in preparation for a clinical trial that is expected to commence in 2025. With this...

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Debt Collection Software Market is Anticipated to Expand at a Stellar 9.10% CAGR through 2031 | SkyQuest Technology

Westford USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Debt Collection Software market size will attain a value of USD 2.23 billion by 2031, with a CAGR of 9.10% over the forecast period (2024-2031). Rapidly increasing volume of outstanding debt around the world and growing demand for better debt recovery solutions and services are all forecasted to bolster debt collection software market growth in the future. Growing emphasis on minimizing the risk of bad debt will also increase the demand for debt collection software over the coming years. Download a detailed overview: https://www.skyquestt.com/sample-request/debt-collection-software-market Browse in-depth TOC on “Debt Collection Software Market”Pages – 197 Tables – 59 Figures – 75Debt Collection Software Market Overview:Report...

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XOMA Royalty Acquires Pulmokine for $20 Million Adding the Royalty and Milestone Interest in Seralutinib, a Phase 3 Asset, to Its Portfolio

Seralutinib becomes XOMA Royalty’s seventh Phase 3 royalty asset, further building the late-stage pipeline beyond its six current commercial royalty assets Seralutinib is being developed and co-commercialized by Gossamer Bio, Inc., and Chiesi Farmaceutici S.p.A; a Phase 3 study for pulmonary arterial hypertension is ongoing and is expected to read out in the fourth quarter of 20251 XOMA Royalty has the potential to net up to $25 million in milestone payments and earn a low to mid-single digit royalty EMERYVILLE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (NASDAQ: XOMA) announced today it now owns an economic interest in seralutinib, a Phase 3 asset being studied in pulmonary arterial hypertension (PAH), through its acquisition of Pulmokine Inc., a privately held company.  In 2017, Pulmokine licensed seralutinib...

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