Day: December 17, 2024

Singapore, Dec. 17, 2024 (GLOBE NEWSWIRE) — JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that JCS-Echigo Pte Ltd, a wholly-owned subsidiary of JE Cleantech Holdings Limited, has entered into an option to purchase agreement with an independent and third party purchaser for the sale of its leasehold industrial property located at 17 Woodlands Sector 1 Singapore 738354 (the “Industrial Property”) for SGD7,393,000 (USD5,480,000) with the expected completion date of the transaction to occur by June 30, 2025. An initial deposit equivalent to five percent of the selling price amounting to SGD369,650 (USD274,000) has been collected by our subsidiary. The sale of this industrial building will give rise to a net gain of approximately SGD3.7 million (USD2.7 million) over the net book value upon completion. Nonetheless, the...

MIAMI, FL, Dec. 17, 2024 (GLOBE NEWSWIRE) — Standard Premium Finance Holdings, Inc. (“Standard”) (OTCQX: SPFX), a leading innovator in the insurance premium finance industry, today announced that its CEO and Chairman of the Board of Directors, William Koppelmann, and CFO, Brian Krogol, have purchased common shares of the company through the OTCQX. These investments reaffirm their confidence in Standard’s growth strategy and long-term value creation for shareholders. The leadership team’s decision to invest underscores their alignment with the company’s stakeholders and belief in the firm’s innovative approach to reshaping the insurance premium finance landscape. “I’m deeply committed to the success of our company and the value we bring to our clients and shareholders,” said William Koppelmann, CEO and Chairman. “This investment...

Quest’s turnkey waste and recycling solutions to be implemented across Stonebriar Auto Services’ facilities. THE COLONY, Texas, Dec. 17, 2024 (GLOBE NEWSWIRE) — Today, national leader in environmental waste and recycling solutions, Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest”), confirmed its previous announcement made during the third quarter 2024 financial results earnings call, that its Quest Resource Management Group subsidiary has entered into an agreement with Stonebriar Auto Services, the leading oil change and maintenance franchise headquartered in the Southwest. The partnership brings together two organizations that excel in operational excellence and provide clients with a superior service experience. Together, the organizations will strengthen Stonebriar Auto Service’s ability to grow its business...

Ian Sterling, Special Counsel, Hunton Andrews Kurth LLPIan Sterling, Special Counsel, Hunton Andrews Kurth LLPNew York, Dec. 17, 2024 (GLOBE NEWSWIRE) — Ian W. Sterling, an experienced structured finance attorney who advises clients on complex transactions and banking regulatory matters, has joined Hunton Andrews Kurth LLP as special counsel in New York. With over two decades in the structured finance industry, Sterling manages all legal aspects of highly-structured transactions, including securitization, warehouse finance, whole loan trading, commercial/commercial real estate (CRE) lending and restructuring, credit risk transfer and other structured finance and capital markets transactions. He also advises clients on bank regulations, such as Basel III, Regulation O and anti-tying, along with compliance with securities...

New orders are from two of the world’s largest owners and operators of wind farms in North America LAFOX, Ill., Dec. 17, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced today two multi-million dollar production contracts with two of the world’s largest owners and operators of wind farms in North America for Richardson’s patented ultracapacitor pitch energy modules (PEMs) and other related products. Richardson expects these orders to be shipped during the calendar year 2025. These agreements align with Richardson Electronics’ ongoing strategy to provide innovative solutions and exceptional value to global wind turbine customers. Under the terms of the agreements, Richardson Electronics...

“Cash Maturity 2024” Study by Sidetrade and PwC France and Maghreb, reveals that the integration of smart automation, generative AI, and internal upskilling are driving efficiency gains, while companies shift from outsourcing to cultivating in-house talent with essential tech and leadership skills. In collaboration with consulting and audit firm PwC France and Maghreb, Sidetrade, the global leader in AI-powered Order-to-Cash applications, reveals a significant shift in investment and renewed boldness within the finance function, driven by a sharpened emphasis in 2024 on cash flow generation and EBITDA preservation amid a challenging economic landscape. “Cash Maturity 2024” by Sidetrade and PwC provides a perspective on finance transformation trends across Europe, revealing how companies are rethinking Order-to-Cash...

Statistical Significance Met on Primary Endpoints of 1 Year Survival Rate and Median Overall Survival Doubling of 1 Year Survival Rate and 37% Reduction in Risk of Death Two Month (29%) Increase in Median Overall Survival Multiple Patients with Complete Responses (CRs) and/or Partial Response (PR) with 100% Reduction in Target Lesions Elraglusib in Combination with GnP Demonstrated a Favorable Risk-Benefit Profile Trial Continues with Topline Data Anticipated in 1H 2025CHICAGO and FORT WORTH, Texas, Dec. 17, 2024 (GLOBE NEWSWIRE) — Actuate Therapeutics, Inc. (NASDAQ: ACTU) (“Actuate” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment of high-impact, difficult-to-treat cancers through the inhibition of glycogen synthase kinase-3 beta (GSK-3β), today announced new positive...

TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) — Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA; TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, announced today the pricing of its previously announced public offering (the “Offering”) of 5,175,000 common shares in the capital of the Company (“Common Shares”) at a price to the public of US$2.15 per Common Share. Roth Capital Partners (“Roth”) is acting as sole book-running manager, Raymond James Ltd. and Craig-Hallum Capital Group LLC are acting as the co-lead book-running managers for the proposed Offering. In addition, the Company has granted Roth a 45-day over-allotment option to purchase up to an additional 776,250 Common Shares at the public offering price, less underwriting discounts and commissions. The gross proceeds from the Offering...

HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, proudly announces its plans to launch the KULR ONE Space (K1S) battery via launch integrator Exolaunch on a SpaceX rideshare mission scheduled for 2026. This mission represents a pivotal milestone in KULR’s ongoing commitment to developing safer and higher-performing battery systems tailored for space applications for a space battery market that is expected to grow from $3.9B to $6.35B by 2030 per Virtue Market Research. This pathfinder mission will integrate multiple configurations of the KULR ONE Space (K1S) battery into a 6U SmallSat. A 6U SmallSat is a lightweight satellite with a standardized structure measuring approximately 10...