Month: December 2024

Silynxcom Secures up to $2 Million Multi-Year Contract for Advanced In-Ear Communication Systems to the Finnish Police

Written by Customer Service on December 30, 2024. Posted in Public Companies.

Silynxcom won an international public tender to secure the prestigious contract Netanya, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, announced today that it had signed a four-year framework contract, facilitated by Silynxcom’s local distributor in Finland, to supply advanced in-ear communication systems to the national police of Finland. The systems provided are of Silynxcom’s new-generation Tetra-compatible, high-noise protection Clarus systems, combined with Silynxcom’s unique “talking from the ear” technology, which incorporates enhanced situational awareness. The total value of the agreement is estimated to be between $1.2 million and $2 million, depending on the components selected...

From Bullet Trains to Ancient Tombs: Matterport’s Most Popular 3D Spaces of 2024

Written by Customer Service on December 30, 2024. Posted in Public Companies.

Travel, hospitality, and entertainment top Matterport’s most viewed spaces of 2024—explore more at Discover SUNNYVALE, Calif., Dec. 30, 2024 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), a pioneer in digital twin technology and spatial data capture, has unveiled its Top 5 Most Viewed Spaces of 2024 that captivated audiences worldwide. From iconic landmarks to immersive travel experiences, the list highlights this year’s most-loved virtual destinations while celebrating Matterport’s groundbreaking milestones. Pulling into the station in the No. 1 spot is a 3D tour of the inside of one of Korea Train eXpress’ bullet railcars, which drew nearly 1.5 million virtual views this year. The popularity of this digital twin tracks with Matterport’s unique ability to provide riders of public transportation with high-definition 360-views,...

Polar Power Announces Receipt of Letter from Nasdaq Acknowledging Listing Compliance

Written by Customer Service on December 30, 2024. Posted in Public Companies.

GARDENA, CA, Dec. 30, 2024 (GLOBE NEWSWIRE) — Polar Power, Inc. (NASDAQ: POLA) (“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions, is pleased to announce that it has successfully regained compliance with the minimum bid price requirement set forth by The Nasdaq Stock Market LLC (“Nasdaq”). The Company has received notification from Nasdaq confirming its compliance with Listing Rule 5550(a)(2), thereby meeting Nasdaq’s maintenance requirements for listing. As a result, the scheduled hearing before the hearings panel on January 23, 2025 has been canceled. Arthur Sams, CEO and Chairman of Polar Power commented, “Maintaining our Nasdaq listing was important for the continued growth and stability of the company, and we will continue to take corporate actions that are consistent with protecting...

Healthcare Integrated Technologies, Inc. Promotes Dustin Hillis to President

Written by Customer Service on December 30, 2024. Posted in Public Companies.

Knoxville, TN, Dec. 30, 2024 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies (OTC PINK: HITC), a global leader in AI-driven safety and monitoring solutions, proudly announces the promotion of Dustin Hillis from Chief Strategy Officer to President. Mr. Hillis has brought a wealth of experience and has a proven track record of success at his previous companies. Prior to joining Healthcare Integrated Technologies, Mr. Hillis was the CEO of a global conglomerate, managing and expanding 20 diverse international businesses, with a workforce of over 2,000 individuals worldwide. His multifaceted expertise in leadership, strategic growth, and operational excellence has been recognized through numerous accolades, including being named a “Top 10 CEO” by Industry Era and one of the “Top 50 Consulting CEOs” by the Consulting Report. In...

AmpliTech Group Announces Pricing of $10.0 Million Registered Direct Offering

Written by Customer Service on December 30, 2024. Posted in Public Companies.

HAUPPAUGE, N.Y., Dec. 30, 2024 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW) (the “Company”), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced that it has entered into one or more securities purchase agreements with certain institutional investors to purchase 2,173,920 shares of common stock (the “Securities”) at an offering price of $4.60 per share, in a registered direct offering. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $10.0 million before deducting the placement agent’s fees and other estimated...

C3is Inc. Announces Reverse Stock Split

Written by Customer Service on December 30, 2024. Posted in Public Companies.

To be effective January 2, 2025 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, Greece, Dec. 30, 2024 (GLOBE NEWSWIRE) — C3is Inc. (the “Company”) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-two-and-a-half (1-for-2.5) reverse stock split of the Company’s common stock, par value $0.01 per share. The reverse stock split will take effect at 11:59 pm Eastern Time on December 31, 2024, and the Company’s common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market (“Nasdaq”) as of the opening of trading on January 2, 2025. The CUSIP number of Y18284 151 will be assigned to the Company’s common stock when the reverse stock split becomes effective. When the reverse stock split becomes effective, every two and one-half...

Compass Diversified Announces Sale of Ergobaby

Written by Customer Service on December 30, 2024. Posted in Mergers And Acquisitions.

WESTPORT, Conn., Dec. 30, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today the simultaneous entry into a definitive agreement (the “Agreement”) and completion of its sale of its majority-owned subsidiary, The Ergo Baby Carrier, Inc. (“Ergobaby”), to Highlander Partners, L.P. (“Highlander”), a Dallas-based private investment firm. Proceeds from the transaction will be used to pay down debt and for general corporate purposes. “We are proud of Ergobaby’s position as a global leader in premium juvenile products and are grateful for Jason and the team’s contributions over the years,” said Elias Sabo, CEO of Compass Diversified. “Looking ahead, we plan to use the proceeds from this sale to continue to acquire and manage innovative and disruptive...

Autonomix Medical, Inc. Announces U.S. Patent Granted Covering the Treatment of Cancerous Tumors and Cancer Related Pain with Company’s Proprietary Catheter-Based Technology

Written by Customer Service on December 30, 2024. Posted in Public Companies.

Growing global patent portfolio to over 120 patents with 80 issued patents and over 40 pending patent applications Previously completed preclinical study evaluating targeted nerve ablation demonstrated statistically significant reduction of metastases and statistically significant reduction in tumor mass THE WOODLANDS, TX, Dec. 30, 2024 (GLOBE NEWSWIRE) — Autonomix Medical, Inc. (NASDAQ: AMIX) (“Autonomix” or the “Company”), a medical device company focused on advancing innovative technologies to revolutionize how diseases involving the nervous system are diagnosed and treated, today announced the United States Patent and Trademark Office (USPTO) has issued U.S. patent 12,064,256 (‘256 patent) titled, Systems and Methods for Treating Cancer and/or Augmenting Organ Function. The issued ‘256 patent covers technology including, but...

New Year, New Chill: Explore the Latest Cannabis Beverages from Solei, Mollo, and XMG

Written by Customer Service on December 30, 2024. Posted in Public Companies.

TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer goods company, offers a wide range of innovative and refreshing cannabis beverages for every taste, perfect for any occasion. Consumers are invited to explore the Solei, Mollo, and XMG cannabis brands in Canada for a variety of cannabinoid offerings and flavours, catering to different lifestyles. Tilray Brands is leading the way in the cannabis beverage market in Canada, offering an extensive portfolio of brands and products to meet the diverse preferences of consumers. From refreshing fruit-based beverages to classic cream sodas with delicious flavours, Tilray Brands ensures there is something for everyone in their versatile brands and THC beverages. Mollo Seltzers Mollo Seltzers offers a range of refreshing...

SEALSQ and WISeSat Unite to Build Next-Generation Secure Satellite Constellation with Satellite-as-a-Service (SataaS) Model

Written by Customer Service on December 30, 2024. Posted in Public Companies.

Geneva, Switzerland, Dec. 30, 2024 (GLOBE NEWSWIRE) — SEALSQ and WISeSat Unite to Build Next-Generation Secure Satellite Constellation with Satellite-as-a-Service (SataaS) Model Less Than Two Weeks to the Launch of the Next-Generation WISeSat Satellite Equipped with SEALSQ Semiconductors Geneva, Switzerland — December 30, 2024 — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that in cooperation with WISeSat AG (“WISeSat”), a pioneer in satellite-based IoT communication, are set to launch their next-generation satellite in less than two weeks. SEALSQ and WISeSat are both subsidiaries of WISeKey International Holding Ltd (“WISeKey” or the “Company”) (NASDAQ:...

Month: December 2024

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