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Day: December 9, 2024

Consumer Automotive Finance, Inc. (OTC: CAFI) Files Form 15c2-11 to Enhance Transparency and Compliance

Company Announces Pending Name and Ticker Symbol Change to Fifty 1 Labs, Inc. (OTC: FITY) MELBOURNE, Fla., Dec. 09, 2024 (GLOBE NEWSWIRE) — Consumer Automotive Finance, Inc. (OTC: CAFI), a diversified company operating in the sports supplement, fitness equipment, and health and wellness industries, is pleased to announce two key developments in its corporate evolution: Filing of Form 15c2-11 to Enhance Transparency and Compliance: The company has filed Form 15c2-11 with the U.S. Securities and Exchange Commission (SEC), marking a significant step toward improving its financial transparency and compliance. This filing is required by the SEC to enable a company to maintain its quotation on the Over-the-Counter (OTC) Markets. By meeting these regulatory standards, Consumer Automotive Finance, Inc. aims to provide accurate, complete,...

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Correction: Trust Stamp to Provide Strategic Update and Announces Annual General Meeting Details

Atlanta, GA, Dec. 09, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, has announced two upcoming events. Trust Stamp is planning to issue a comprehensive business and strategic update on January 15th, 2025. Trust Stamp will hold its Annual General Meeting on January 29, 2025, at 9:00 a.m. Eastern Time. This meeting will occur through online mediation, allowing shareholders to attend remotely. Additional details will be shared in forthcoming filings with the Securities and Exchange Commission (“SEC”). About Trust Stamp Trust Stamp, the Privacy-First Identity Company ™, is a global provider of AI-powered software and data transformation services for use in multiple sectors, including banking and finance, regulatory compliance, government, real estate, communications, and...

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Barnes & Noble Education Reports Second Quarter Fiscal Year 2025 Financial Results

2Q BNC First Day® Program Revenues Increased ∼18% YOY to $235 million 2Q Net Income from Continuing Operations Improved by ∼$25 million Strategic Initiatives Drive 2Q Adjusted EBITDA growth by ∼$15 million to $66 million BASKING RIDGE, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) — Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the second quarter ended on October 26, 2024. The following figures are GAAP results from continuing operations on a consolidated basis, unless noted otherwise. Note that Adjusted EBITDA is a non-GAAP calculation. Full quarterly financial tables and a reconciliation of non-GAAP measures to the most applicable GAAP measures can be found in the Investor Relations section of BNED’s website at https://investors.bned.com...

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Surface Inspection Market is Slated to Expand at a High 8.3% CAGR through 2031 | SkyQuest Technology

Westford, USA, Dec. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the surface inspection market size will attain a value of USD 10.29 billion by 2031, with a CAGR of 8.3% over the forecast period (2024-2031). Rising emphasis on providing better quality control and rapid industrialization are slated to bolster surface inspection market growth. Growing demand for better finish and high quality from manufacturing industries will also promote the adoption of surface inspection in the future. Download a detailed overview: https://www.skyquestt.com/sample-request/surface-inspection-market Browse in-depth TOC on “Surface Inspection Market”Pages – 197 Tables – 95 Figures – 76Surface Inspection Market Overview:Report Coverage DetailsMarket Revenue in 2023 $ 5.44 BillionEstimated Value by 2031 $...

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Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns

Capital Efficiencies Improved Growth and Shareholder Returns Funded by Operating Cash Flows Quarterly Dividend of $0.025 per Share Declared Traditional Seasonality Returns to Shipments, Orders, BacklogTORRANCE, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ:VIRC) a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced results for the Company’s Third Quarter and first Nine Months ended October 31, 2024: For the Third Quarter, including the months of August, September, and October, revenue declined slightly to $82,620,000 from $84,252,000 in the same quarter of the prior year. For the first nine months, revenue grew 5.0% to $237,774,000 from $226,516,000 in the first nine months of last year. Gross Profit for the Third Quarter declined...

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Blueface’s “Stop Cappin” Acquired by Music Licensing, Inc. (OTC: SONG)

Naples, FL, Dec. 09, 2024 (GLOBE NEWSWIRE) —  Music Licensing, Inc. (OTC: SONG) proudly announces the acquisition of royalty-generating intellectual property stakes in “Stop Cappin”, one of the standout solo hits by Blueface. The rights to the track will remain under the administration of third-party entities, and Music Licensing, Inc. will receive passive royalty payments. Blueface rose to prominence with his viral hit “Thotiana” and has since maintained a strong presence in the hip-hop industry. “Stop Cappin”, a hard-hitting track that showcases his signature delivery and unapologetic lyrics, has become a fan favorite. With millions of streams across platforms and widespread appeal, the track continues to deliver significant revenue potential. By acquiring a stake in “Stop Cappin”,...

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Rhino-Rack Acquires RockyMounts

Acquisition deepens product expertise in key growth vertical SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, today announced that Rhino-Rack, a leading brand in Clarus’s Adventure segment, has acquired certain assets of RockyMounts™, a Colorado-based brand specializing in bicycle transport products. For over 30 years, RockyMounts has designed innovative roof and hitch rack solutions, attracting a dedicated following of customers thanks to the products’ distinct style and exceptional durability. Founded by Bobby Noyes in Boulder, Colorado in 1993, RockyMounts is known for making well designed and dependable premium bicycle racks and other accessories compatible with vehicles of all sizes, including...

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Automotive Engine Encapsulation Market to Surpass Valuation of USD 9 Billion by 2031 | SkyQuest Technology

Westford, USA, Dec. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global automotive engine encapsulation market size will reach a value of USD 9 Billion by 2031, with a CAGR of 6.13% during the forecast period (2024-2031). In the global market, automotive engine encapsulation is becoming increasingly popular due to the rising demand for automobiles that are quiet, high-performing, and fuel-efficient. In 2023, the United States was a major contributor to the global automotive engine encapsulation market growth. The increasing customer awareness regarding the need and advantages of engine encapsulation is an intermediate factor aiding in the growth of the market. In addition, customers are becoming more conscious of the petrol prices and the need for fuel-efficient vehicles. Download a detailed overview: https://www.skyquestt.com/sample-request/automotive-engine-encapsulation-market...

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Novolex and Pactiv Evergreen Inc. to Combine, Establishing a Leading Manufacturer in Food and Beverage Packaging

Pactiv Evergreen Shareholders to Receive $18.00 Per Share in Cash Complementary products, focus on innovation and sustainability create partner of choice across the food and beverage packaging industry Customer-centric, packaging solutions provider across substrates with a North American footprint and broad distribution capabilities CHARLOTTE, N.C. and LAKE FOREST, Ill., Dec. 09, 2024 (GLOBE NEWSWIRE) — Novolex® and Pactiv Evergreen Inc. (NASDAQ: PTVE), announced today they have entered into a definitive agreement to combine, creating a leading manufacturer in food, beverage and specialty packaging products. The combination brings together two highly complementary businesses that will offer a broad product platform, establishing one of the most diverse substrate offerings in the packaging industry. The asset base will include an...

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NV5 Acquires Southport Engineering Associates; Strengthens Energy Efficiency and Building Technology Solutions in New York City

HOLLYWOOD, Fla., Dec. 09, 2024 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it completed the acquisition of Southport Engineering Associates, a provider of turnkey energy efficiency, engineering design, and owner representation consulting on December 4, 2024. Founded in 1996, Southport Engineering serves clients in New York City and the surrounding area to meet regulatory and owner-imposed efficiency standards for facilities in the hospitality, educational, healthcare, industrial, gaming, and financial sectors.   The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. “NV5 is pleased to welcome Southport Engineering to our buildings and technology platform with its tech-enabled solutions and energy-focused...

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