Day: December 9, 2024

VivoPower’s Caret Digital secures asset backed financing facility for up to 1,000 Antminer L9s to accelerate DOGE coin mining revenues and free cashflows

Written by Customer Service on December 9, 2024. Posted in Public Companies.

Asset backed financing facility is for Caret LLC (trading as Caret Digital) and is non-dilutive to VivoPower shareholders At current DOGE coin prices, 1,000 Antminer L9s can generate up to US$25m revenues per annum 1,000 Antminer L9s represents approximately 17,000 GH (GigaHash) / s of hash power London, Dec. 09, 2024 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR) (the “Company” or “VivoPower”) announced today that its wholly owned subsidiary, Caret LLC (trading as “Caret Digital”), has secured an initial asset backed financing facility to fund the purchase of up to 1,000 Antminer L9s. As a result of securing this facility, the fleet of 1,000 Antminer L9s is expected to be delivered to hosting facilities from December 2024. It will have a total hash rate of approximately 17,000 GH/s. From this initial fleet, Caret...

Sonnet BioTherapeutics Announces $3.9 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules

Written by Customer Service on December 9, 2024. Posted in Public Companies.

PRINCETON, NJ, Dec. 09, 2024 (GLOBE NEWSWIRE) — Sonnet BioTherapeutics Holdings, Inc. (the “Company” or “Sonnet”) (NASDAQ:SONN), a clinical-stage company developing targeted immunotherapeutic drugs, announced today that it has entered into a definitive agreement with institutional investors for the purchase and sale of an aggregate of 1,085,325 shares of its common stock (or common stock equivalents in lieu thereof) (the “Registered Direct Shares”) and warrants to purchase up to an aggregate of 1,085,325 shares of common stock (the “Registered Direct Warrants”), in a registered direct offering. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold in the registered direct offering together with one common warrant at a combined offering price of $2.23, priced at-the-market under...

Vow ASA: Resolution to increase the share capital in connection with settlement of underwriting commission

Written by Customer Service on December 9, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. Oslo, 9 December 2024: Reference is made to the stock exchange announcement published by Vow ASA (the “Company“) on 19 November 2024 regarding the approval by the extraordinary general meeting of the Company of a fully underwritten rights issue of 166,666,666 new shares in the Company (the “Offer Shares“), at a subscription price of NOK 1.50 per share...

Progressive Announces Dividend Information And 2025 Annual Meeting Record Date

Written by Customer Service on December 9, 2024. Posted in Dividend Reports And Estimates.

MAYFIELD VILLAGE, OHIO, Dec. 09, 2024 (GLOBE NEWSWIRE) — On December 6, 2024, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared an annual common share dividend, in the amount of $4.50 per share, and a quarterly common share dividend, in the amount of $0.10 per share. Both the annual and quarterly dividends are payable January 16, 2025, to shareholders of record at the close of business on January 9, 2025. The annual dividend amount for 2024 was determined by the Board based on our capital position, existing capital resources, and expected current and future capital needs. The Board is expected to continue to declare quarterly dividends for 2025. The Board also set the close of business on March 14, 2025, as the record date for the determination of shareholders entitled to notice of, and to vote at, Progressive’s...

Espey Declares Regular Quarterly Dividend of $0.25 Per Share; Appoints New Corporate Secretary

Written by Customer Service on December 9, 2024. Posted in Dividend Reports And Estimates.

SARATOGA SPRINGS, N.Y., Dec. 09, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share. The dividend will be payable on December 27, 2024 to all shareholders of record on December 20, 2024. Furthermore, the Board of Directors appointed Ms. Jennifer Pickering to the position of Corporate Secretary. Jennifer joined the Company as Chief Human Resources Officer in April 2024 and previously served as Assistant Corporate Secretary since June 2024. This appointment comes after the retirement of Ms. Peggy A. Murphy, effective December 6, 2024. Ms. Murphy was employed by the Company since October 1978 and held the position of Corporate Secretary since December 1998. Espey’s primary business is the development, design,...

EUROAPI moves into a new chapter with new Governance and Leadership

Written by Customer Service on December 9, 2024. Posted in Public Companies.

Press Release Emmanuel Blin appointed Independent Chair of the Board of DirectorsDavid Seignolle appointed Chief Executive OfficerFull-year 2024 guidance maintained Paris – December 9, 2024 – With FOCUS-27 strategic plan foundations established and its financing secured, EUROAPI moves into a new chapter. The company’s Board of Directors has accepted today the resignation of Viviane Monges as Director and Chair of the Board and Ludwig de Mot as Chief Executive Officer. Consequently, upon the recommendation of the Nominations and Compensation Committee, the Board has appointed Emmanuel Blin as Chair of the Board and David Seignolle as Chief Executive Officer, effective immediately. In response to the new governance, Elizabeth Bastoni stepped down as Independent Lead Director; she remains Chair of the Nominations and Compensation...

Press Release: ASH: Sarclisa combinations demonstrated significant benefits in newly diagnosed multiple myeloma patients

Written by Customer Service on December 9, 2024. Posted in Public Companies.

ASH: Sarclisa combinations demonstrated significant benefits in newly diagnosed multiple myeloma patientsNew analysis from the IMROZ phase 3 study of Sarclisa-VRd demonstrated higher and sustained MRD negativity rates in transplant-ineligible NDMM patients versus VRd alone New detailed results from the GMMG-HD7 phase 3 study of Sarclisa-RVd induction therapy resulted in a significant and clinically meaningful PFS benefit with deeper MRD negativity in transplant-eligible NDMM patients Results support the benefit of Sarclisa-based combinations to patients in the front-line setting and the ongoing use of MRD negativity as a potential surrogate endpoint for PFS in MM researchParis, December 9, 2024. New data from three oral presentations, which demonstrated significant clinical benefit with Sarclisa-based quadruplets in newly diagnosed...

Affimed Reports Promising Phase 1 Efficacy and Safety Data for AFM28 in Relapsed/Refractory Acute Myeloid Leukemia (R/R AML)

Written by Customer Service on December 9, 2024. Posted in Public Companies.

AFM28, a bispecific, tetravalent innate cell engager (ICE®) targeting CD123 and CD16A, achieved a 40% composite complete remission rate (CRcR) at the highest dose level (300 mg) in heavily pretreated R/R AML patients AFM28 demonstrates a favorable safety profile: Grade 1 and 2 Infusion related reactions (IRRs) were the main related side effect, occurring in 45% of patients; no signs of neurotoxicity or immune-related side effects were observed Based on the good safety profile and likely dose-effect relationship, the evaluation of higher dose levels is plannedMANNHEIM, Germany, Dec. 09, 2024 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD) (“Affimed”, or the “Company”), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today announced the oral presentation of data on...

Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ

Written by Customer Service on December 9, 2024. Posted in Public Companies.

New LinkIQ Duo combines cable, Wi-Fi, and network testing in one easy-to-use solution Everett, Washington, Dec. 09, 2024 (GLOBE NEWSWIRE) — Fluke Networks today announced the availability of the LinkIQ™ Duo Cable+WiFi+Network Tester, which combines the company’s trusted cabling qualification with Wi-Fi 6E network testing and analysis into a single, simple-to-use solution, eliminating the need for technicians to use multiple tools. The introduction of the LinkIQ Duo advanced Wi-Fi testing capabilities is well-timed to meet the unique challenges and requirements technicians face with the rapid adoption of Wi-Fi 6E. According to industry reports, approximately 5.2 million Wi-Fi 6E access points are expected to be shipped in 2024 – up from 1.5 million in 2022 – representing a significant increase as businesses seek to upgrade...

Stingray Successfully Completes Long Term Refinancing with a $500M Revolving Credit Facility, Enhancing Financial Flexibility

Written by Customer Service on December 9, 2024. Posted in Public Companies.

Increases credit facility by $80M to $500M and extends term to December 2028 Ability to seek incremental commitments up to an additional $100M, subject to predetermined conditions Provides increased operational and M&A flexibilityMONTREAL, Dec. 09, 2024 (GLOBE NEWSWIRE) — Stingray Group Inc. (TSX: RAY.A; RAY.B) (“Stingray”), an industry leader in music and video content distribution, business services, and advertising solutions, today announced that it has successfully completed the increase and extension of its existing credit facility, providing additional liquidity for operations and M&A activities. The refinancing consists of a $500 million revolving credit facility maturing in December 2028. “We are delighted to have the ongoing support from our current banking syndicate and partners as we explore growth...

Day: December 9, 2024

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