Day: December 31, 2024

Provides financial flexibility by reducing near-term debt maturities, deferring principal redemption payment, and reducing near-term cash needs SAN DIEGO, Dec. 31, 2024 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that it has entered into a settlement agreement and amendment to its outstanding senior secured convertible debentures due May 26, 2024 (the “Amendment”). Importantly the Amendment defers the Company’s December 2024 amortization payment and reduces the payments due in January 2025 through July 2025 from $1,000,000 per month to $500,000 per month. Additionally, the Amendment increases the payments due beginning in August 2025 from $1,000,000 to $1,375,000 per month until the debt is paid in full and lowers the conversion price from $2.00 to $0.27. In consideration of the Amendment, the Company...

Quanzhou, China, Dec. 31, 2024 (GLOBE NEWSWIRE) — INLIF LIMITED (the “Company” or “INLIF”), a company engaged in the research, development, manufacturing, and sales of injection molding machine-dedicated manipulator arms, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on January 2, 2025 under the ticker symbol “INLF.” The Company expects to receive aggregate gross proceeds of US$8 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at...

The Company continues to deliver strong top-line growth, working capital surplus, and increased liquidity as it expands its market presence and enhances its trading technology offerings. Irvine, CA, Dec. 31, 2024 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), a fintech-driven company specializing in acquiring and integrating small to mid-size legacy financial services firms, today announced its financial results for the periods ending March 31, June 30, and September 30, 2024, showcasing significant revenue growth and strategic expansion. Financial Condition as of September 30, 2024The cash on hand was $27,989,417 as of September 30, 2024, compared to $31,316,461 on December 31, 2023, reflecting strategic reinvestments and acquisitions.The working capital surplus was $8,557,179...

Represents Nation’s First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced receipt of final Class VI well permits from the Environmental Protection Agency (EPA) for underground injection and storage of carbon dioxide (CO2) into the 26R reservoir, located at CRC’s Elk Hills Field in Kern County, California. The 26R reservoir is part of CTV’s joint venture with Brookfield. “We are proud to have received the state’s first Class VI permits, enabling us to advance critical clean energy projects in California,” said Francisco Leon, CRC’s President and Chief Executive Officer. “This milestone underscores our leadership in the carbon capture...

Atlanta, Dec. 31, 2024 (GLOBE NEWSWIRE) — Gray Media (NYSE: GTN) today announced that longtime KTUU and KYES General Manager Nancy Johnson will retire on January 3, 2025.   Nancy joined KTUU, Gray’s NBC affiliate in Anchorage, Alaska, in 1981. While at KTUU, she served in a variety of leadership roles including Director of Marketing, Programming Director, and General Sales Manager. During her tenure as General Manager, she facilitated the expansion of local news to more than 22 hours of content each week, encouraged the development and production of original programming, and crafted one of the most influential media organizations in Alaska.    Under her stewardship, Alaska’s News Source and its journalists won numerous industry accolades including the Radio Television Digital News Association (RTDNA) Edward R. Murrow awards,...

NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Simple Energy’s vehicles. The reinsurer provides the underwriting capacity and is responsible for paying claims. Simple Energy is dedicated to transforming the future of mobility through sustainable and innovative solutions. The company’s flagship product, the Simple One, is a high-performance electric scooter designed to offer superior range, cutting-edge technology, and a sleek design. Simple Energy places a strong emphasis on the development of advanced EV components, including long-lasting...

TEL AVIV, Israel, Dec. 31, 2024 (GLOBE NEWSWIRE) — SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, today announced the renewal of its approval from the Israeli Medical Cannabis Agency (“IMCA”) at the Israeli Ministry of Health to conduct its clinical trial for SCI-210 in children with autism spectrum disorder (“ASD”). SCI-210 is a proprietary combination of cannabidiol (“CBD”) and CannAmide™. This renewal reaffirms the Company’s compliance with IMCA regulatory requirements and enables the continued progression of its clinical trial. The approval was received for a period of 30 days and will be extended pending the final...