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Day: December 11, 2024

Vishay Intertechnology 1 Form A Solid-State Relay Offers 600 V Load Voltage and Isolation Voltage of 3750 VRMS in SOP-4 Package

Space-Saving, Industrial-Grade Device Combines Fast Turn-on Time of 0.3 ms Typical With Low Leakage Current of 2 nA MALVERN, Pa., Dec. 11, 2024 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a 1 Form A solid-state relay offering a 600 V load voltage and isolation voltage of 3750 VRMS in the low profile SOP-4 package. Designed to deliver fast switching for energy storage, industrial and mobility applications, the Vishay Semiconductors VOR1060M4 provides a fast turn-on time of 0.3 ms typical and low leakage current of 2 nA. The optically isolated device released today combines a state of the art infrared emitter and photovoltaic diode to deliver its fast turn-on time, which makes it ideal for safety-critical applications. The solid-state relay’s low leakage current allows the device to be used in sensitive...

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RCI Banque discloses Capital Requirements following the 2024 SREP final decision.

PRESS RELEASE   December 11th, 2024    RCI Banque discloses Capital Requirements following the 2024 SREP final decision. As part of the 2024 exercise of the supervisory review and evaluation process (“SREP”), the European Central Bank has notified RCI Banque of its final decision regarding the capital requirement the Bank must respect in 2025. As of January 1, 2025(*), the Pillar 2 requirement (P2R) will be 2.25% compared to 2.00% in January 2024. Starting from January 1, 2025, RCI Banque will be required to meet the following capital requirements:    Minimum capital requirements  Total Pilllar 1 Pillar 21 Buffers2CET13   11.48% 6.00% 2.23% 3.25%Ow CET1 (Regulatory)   9.02% 4.50% 1.27% 3.25%Ow RCI AT1 Shortfall4   1.92% 1.50% 0.42% 0.00%Ow RCI AT2 Shortfall5   0.54% 0.00% 0.54% 0.00%Total ratio   13.50% 8.00% 2.25% 3.25%As...

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SKEL fjárfestingafélag hf.: Market-Making Agreement

SKEL fjárfestingafélag hf. (“SKEL”) has entered into a market-making agreement with Landsbankinn for its issued shares. The purpose of this agreement is to enhance trading activity in SKEL’s shares on Nasdaq Iceland, increase liquidity, establish market value, and ensure transparent and efficient price formation. Under the agreement, Landsbankinn is required to maintain bid and ask prices with a minimum market value of ISK 8 million. The maximum daily net trading volume is ISK 16 million in market value, calculated as the difference between bid and ask prices entered into the market. The maximum price spread between bid and ask prices is determined by the 10-day volatility of SKEL’s share price. If the 10-day volatility is below 30%, the volume-weighted price spread will be 2.0%; otherwise, it will be 4.0%. The parties aim, though...

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RAMM Pharma Corp. Provides Update on Litigation

Not for Dissemination in the US or through US Newswire Services TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) — RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM), is providing an update on its dispute with Sergio Martines and Naturale Science Inc. (plaintiffs), as previously reported in its press release of May 21st 2024. The Judge has dismissed the plaintiffs’ claim in the amount of CAD 3,139,931.30 and has awarded Martines CAD 14,971.80 in unpaid expenses. The Judge has also dismissed RAMM’s counterclaim in the amount of CAD 14,220,000. Reasons for Judgement, published on December 9th, 2024, may be accessed at the Ontario Superior Court of Justice website. About RAMM Pharma Corp. RAMM Pharma is active in the field of cannabinoid pharmacology and product formulation for cannabis-based...

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Winnebago Industries Named One of America’s Most Responsible Companies for Third Straight Year

EDEN PRAIRIE, Minn., Dec. 11, 2024 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, has been named to the list of America’s Most Responsible Companies 2025 by Newsweek. This is the third consecutive year Winnebago Industries has been recognized for its extensive corporate social responsibility efforts and excellence in prioritization of environmental, social, and corporate governance (ESG) initiatives. “At Winnebago industries, our commitment to support our communities, protect the environment and enable accessibility and inclusion in the outdoors is a part of our DNA,” said Winnebago Industries President and CEO, Michael Happe. “We are proud to accept this award on behalf of our employees who work every day to ensure we live our values: Do the right thing, put people...

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Nexxen and MAGNA Report Finds Using Audience Data to Inform CTV Creative Optimization Increases Lower Funnel Impact

Beyond targeting, audience data is key to gaining insight that demystifies relevance for individual consumers Optimized ads drive 78% lift in search intent and 65% lift in purchase intent NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) —  MAGNA, the media intelligence and investment unit within IPG Mediabrands, and Nexxen, a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced the release of a proprietary report – The Intersection of Audience Data + Creative Optimization: How to Drive Action on Streaming TV – that explored how audience data can make ads more relevant and inspire action. The research tested content from brand advertisers across multiple industry verticals including ecommerce, apparel and entertainment. The growth of high-fidelity, scaled audience data has been progressively...

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AGS Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Acquisition by Affiliates of Brightstar Capital Partners

LAS VEGAS and NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) — PlayAGS, Incorporated (NYSE: AGS) (“AGS” or the “Company”), a global gaming supplier of high-performing slot, table, and interactive products, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the previously announced agreement for the Company to be acquired by affiliates of Brightstar Capital Partners (“Brightstar”) for $12.50 per share in cash (the “Proposed Transaction”). The HSR Act waiting period expired at 11:59 p.m., Eastern Time, on December 9, 2024, satisfying an important condition necessary for the completion of the Proposed Transaction, which is expected to close in the second half of 2025, subject to other conditions and regulatory approvals. About...

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Wix Releases AI Feature for Businesses to Engage with their Customers Online

AI Site-Chat 1The AI Site-Chat pulls live data from the website’s resources to deliver accurate, up-to-the-minute information.AI Site-Chat 2The AI Site-Chat helps customers find what they need, answers website visitors’ questions, and directs them to relevant products and services.Customize AI ChatThe site-chat is fully customizable to reflect the brand voice and look.Train AI ChatThe AI Site-Chat can be configured with business-specific restrictions or preferences, ensuring that it follows company guidelines—such as avoiding certain statements or limitations.The new AI Site-Chat improves how website visitors interact with businesses’ sites, ultimately increasing customer engagement and streamlining support NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today...

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SAGA Metals Geophysics Program Advances Drill-Ready Targets at Radar Titanium-Vanadium Project and Engages Market Maker

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) — SAGA Metals Corp. (“SAGA” or the “Company”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in North America, is pleased to announce the completion of a targeted geophysics program over the Hawkeye Zone at the Radar Titanium-Vanadium (Ti-V) project. Key Geophysics HighlightsExpanded Zone Width: Geophysical surveys suggest the Hawkeye Zone’s potential width has increased from 500 meters to 1 kilometer. Significant Strike Length: Surface sampling and geophysical results infer a 4-kilometer mineralized strike length. High-Grade Mineralization: The Hawkeye Zone includes high-grade mineralization, with samples returning 2.5% – 11.1% TiO₂ and 0.2% – 0.66% V₂O₅. Mineralized System Defined:...

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Digital Brands Announces 1-for-50 Reverse Stock Split

Austin, TX, Dec. 11, 2024 (GLOBE NEWSWIRE) — Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it will effectuate a 1-for-50 reverse split (the “Reverse Split”) of its common stock that will become effective on December 13, 2024. The Company expects that the reverse stock split will allow the Company to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market. DBG’s common stock will continue to trade on Nasdaq under the symbol “DBGI” and will begin trading on a split-adjusted basis when the market opens on December 13, 2024. The new CUSIP number for the common stock following the Reverse Split will be 25401N507. “This reverse stock split is a strategic step towards regaining compliance with Nasdaq’s listing requirements,”...

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