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Day: December 27, 2024

Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock

Castellum Announces Pricing of $3.7 Million Public Offering of Common StockCastellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the pricing of its previously announced public offering of 4,355,000 shares of its common stock at a public offering price of $0.85 per share – http://castellumus.com/VIENNA, Va., Dec. 27, 2024 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the pricing of its previously announced public offering of 4,355,000 shares of its common stock at a public offering price of $0.85 per share. Gross proceeds from...

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AIX Completes Strategic Share Exchange with BGM to Drive Growth in AI Insurance and Healthcare

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) — AIX Inc. (the “Company” or AIX) (NASDAQ: AIFU), a leading independent technology-driven financial services provider in China, today announced the successful completion of its strategic share exchange transaction with BGM Group Ltd. (BGM) (NASDAQ: BGM), marking a significant milestone in its long-term transformation within the AI-driven insurance and healthcare space, and establishing a strong foundation for its future diversified growth. As part of the transaction, AIX transferred its intelligent insurance platform, including RONS Intelligent Technology (Beijing) Co., Ltd. (“RONS Technology”), to BGM in exchange for 69,995,661 Class A ordinary shares of BGM. Upon completion of this transaction, BGM will take full control of the intelligent platform and leverage its extensive resources...

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BTCS Announces the Sunset of StakeSeeker Platform to Focus on Ethereum Blockchain Infrastructure

Silver Spring, MD, Dec. 27, 2024 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, today announced its decision to sunset its StakeSeeker platform. This strategic shift will enable the Company to concentrate its resources on scaling its Ethereum blockchain infrastructure operations, which remain the primary driver of revenue and core to its long-term vision. BTCS’s StakeSeeker platform has provided crypto asset holders with monitoring and analysis tools for managing their portfolios and staking activities. Despite this, the Company has identified its blockchain infrastructure operations, particularly those related to Ethereum, as the most promising area to create sustainable value for shareholders. “After careful consideration, we have decided to discontinue...

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EHang Reaches Cooperation Agreement with Weihai High-Tech Zone in Shandong Province of China to Co-Develop Pilotless eVTOL Industrial Ecosystem

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company, as a leader in the electric vertical takeoff and landing aircraft (“eVTOL”) sector, has signed a project cooperation agreement (the “Agreement”) with the Management Committee of the Torch High-Tech Industrial Development Zone of Weihai City (“Weihai High-Tech Zone”) in Shandong Province to establish comprehensive industry collaboration on pilotless eVTOLs in the new phase of rapid growth of low-altitude economy in China.(The project cooperation agreement signing ceremony between EHang and the Management Committee of the Weihai High-Tech Zone) Based on the cooperation, EHang and Weihai High-Tech Zone Cultural...

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Fixing of coupon rates effective from 1 January 2025 – Danish Ship Finance A/S

Fixing of coupon rates effective from 1 January 2025 Effective from 1 January 2025, the coupon rates of floating-rate bonds issued by Danmarks Skibskredit A/S will be adjusted. Bonds with half yearly interest rate fixing The new coupon rates will apply from 1 January 2025 to 1 July 2025: DK0004132164, maturity in 2026, new rate as at 1 January 2025: 3.12%DK0004132404, maturity in 2028, new rate as at 1 January 2025: 3.12%DK0004133055, maturity in 2029, new rate as at 1 January 2025: 3.12%DK0004133485, maturity in 2027, new rate as at 1 January 2025: 3.12%DK0004133568, maturity in 2030, new rate as at 1 January 2025: 3.12%AttachmentFixing of Coupon Rates

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Outlook Therapeutics® Reports Financial Results for Fiscal Year 2024 and Provides Corporate Update

LYTENAVA™ is the first and only approved ophthalmic formulation of bevacizumab for the treatment of wet AMD in the European Union (EU) and United Kingdom (UK); First commercial launch anticipated in H1 CY25 Received NICE recommendation of LYTENAVA™ (bevacizumab gamma) for the treatment of wet AMDISELIN, N.J., Dec. 27, 2024 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK), a biopharmaceutical company that achieved regulatory approval in the European Union and the United Kingdom earlier this year for the first authorized use of an ophthalmic formulation of bevacizumab for the treatment of wet age-related macular degeneration (wet AMD), today announced financial results for fiscal year 2024 and provided a corporate update. “Over the course of the past year, our team has continued to execute and progress...

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Brookfield Asset Management Announces New Meeting Date For Special Meeting on Proposed Arrangement

NEW YORK, Dec. 27, 2024 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”) today announced that, following the recent resumption of mail service in Canada, it has set a new meeting date of January 27, 2025 for its upcoming special meeting of shareholders (the “Meeting”) in respect of the previously-announced arrangement to enhance its corporate structure (the “Arrangement”). In addition, BAM filed its management information circular (the “Circular”) in connection with the Meeting, an electronic copy of which can be accessed at https://bam.brookfield.com under “Notice and Access 2025” and at www.sec.gov/edgar and www.sedarplus.ca. Details of the Meeting The Meeting will be held on Monday, January 27, 2025 at 10:00 a.m. (EST) in a virtual meeting format via live audio webcast. At the Meeting, shareholders...

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Onex Corporation Announces Results of Substantial Issuer Bid

TORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) — Onex Corporation (the “Company” or “Onex”) (TSX: ONEX) announced today that it will take up and repurchase for cancellation 2,257,722 of its outstanding subordinate voting shares (the “Subordinate Voting Shares”) at a price of $117.00 per Subordinate Voting Share (the “Purchase Price”) under the Company’s substantial issuer bid (the “Offer”), for aggregate consideration of approximately $264,153,474. The Offer had authorized the Company to repurchase for cancellation up to $400,000,000 of its Subordinate Voting Shares. The Offer expired at 11:59 p.m. (Toronto Time) on December 23, 2024. All amounts in this press release are in Canadian dollars. Payment for the purchased Subordinate Voting Shares will be effected by TSX Trust Company, acting as depositary for the Offer (the “Depositary”)...

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Nevada Lithium to Commence Trading on TSX Venture Exchange Effective December 31, 2024

VANCOUVER, British Columbia, Dec. 27, 2024 (GLOBE NEWSWIRE) — Nevada Lithium Resources Inc. (“Nevada Lithium” or the “Company“) (TSXV: NVLH; OTCQB: NVLHF; FSE: 87K) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has approved the Company’s application to list its common shares (the “Shares”) on the TSXV. Effective at the market open on December 31, 2024, the Shares will commence trading on the TSXV. The Company’s ticker symbol “NVLH” will remain unchanged, and shareholders will not be required to take any action in connection with the Company’s listing on the TSXV. In connection with the listing of the Shares on the TSXV, the Company has submitted a request to voluntarily delist the Shares from the Canadian Securities Exchange (the “CSE”). The CSE delisting is expected to be effective at...

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FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement

SHENZHEN, China, Dec. 27, 2024 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced that it has received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated December 24, 2024, indicating that the Company is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as the bid price of the Company’s Class A ordinary shares had closed below US$1 per share for the last 30 consecutive business days from November 11 through December 23, 2024. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a compliance period of 180 calendar days until June 23, 2025 to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price...

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