Year: 2024

RANCHO CORDOVA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) — IMD Companies, Inc. (OTC:ICBU) and its subsidiary, Riize LLC (Riize Health), is pleased to announce the launch of our white label and licensing verticals. On Friday, November 26, 2024, Riize Health began pushing our white label program and licensing of our technology which allows us to expand our market share and branding. There has been many inquiries about this avenue and we’ve been dissecting what it means to us in the long run and ICBU with its subsidiary has determined the benefits far greater than not doing it. It is our belief that by expanding our brand this way adds multiple facets to our bottom line. By following many industry standards, we’re going down this path to bring our brand to the forefront as an industry disrupter and innovator. This brings forth many...

Jupiter, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) — SRM Entertainment, Inc. (Nasdaq: SRM) (the “Company,” or “SRM”, a leading provider of creative and high-quality licensed media-themed merchandise, today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.7 million shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.7385 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.7 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about December 6, 2024, subject to the satisfaction of customary closing conditions. D. Boral Capital LLC is acting...

CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) is proud to announce that Laura McAllister Cox, RSI’s Chief Compliance Officer, has been awarded the highly coveted Chief Compliance Officer of the Year award at the prestigious Vixio Global Regulatory Awards in London. This recognition celebrates Laura’s exceptional leadership, her instrumental role in navigating the ever-evolving regulatory landscape, and her unwavering commitment to fostering a culture of compliance and responsible gaming at RSI. The Chief Compliance Officer of the Year award highlights compliance leaders who go beyond the call of duty, leading their departments through the complexities of regulatory change while significantly elevating compliance standards across their organizations. Laura’s nomination reflects her steadfast...

MITCHEL FIELD, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) today is pleased to announce the appointment of its Chief Executive Officer, Dr. Thomas McClelland, to the Company’s Board of Directors, effective immediately. Tom, a 40-year veteran of FEI, served as the Company’s Interim President and CEO from July 8, 2022 through January 17, 2023, and has served as permanent President and CEO since then. Prior to that, Tom served as FEI’s Chief Scientist and has led the Company’s research and scientific efforts for over 20 years. He is one of the foremost experts in precision timing and space-related applications. He has the highest level of security clearance with the U.S. government and holds a PhD in physics from Columbia University. According to FEI Board Chair, General...

Signed multiple agreements to sell its SecureGard syringe inventory, with initial shipments and revenue commencing in early December Agreements also include new forecasted orders and commitments for all current SecureGard capacity, to begin in Q2 2025 The SecureGard agreements will strengthen the potential revenue curve for the Hungary Operation starting in 2024NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (NASDAQ: “STSS” and “STSSW”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, has begun deliveries of its 1mL and 3mL SecureGard safety syringes under the new sales agreements with a prominent European medical supply company serving Poland, Slovakia, and the Czech Republic. To meet demand in the region, Sharps’ customer has requested...

Company Refocuses on Sycamore BioPharma, Navigates Challenges, and Prepares for Rebranding to Royal Enterprises, Inc ORLANDO, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) — via IBN — Branded Legacy, Inc (OTC.PK: BLEG), provides updates as it confronts recent challenges and charts a focused path forward. The company has reaffirmed its commitment to the biotech and wellness sectors, with its primary focus now on expanding its wholly owned subsidiary, Sycamore BioPharma. Addressing Recent Challenges Branded Legacy recently endured a targeted attack that temporarily compromised its digital assets, including critical platforms such as banking and OTC accounts access. This malicious act, orchestrated in part by former employees, not only disrupted operations but also resulted in delays and reduction of profit from a major contract projected...

Hong Kong, Dec. 05, 2024 (GLOBE NEWSWIRE) — J-Long Group Limited (Nasdaq: JL), a Hong Kong-based and established distributor of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pulls and drawcords, today announced today that it will effect a share consolidation (“Reverse Stock Split”) of its Ordinary Shares at a ratio of 1-for-10, effective as of 11:59 pm on December 9, 2024 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rules 5550(a)(2) and Rule 5450(a)(1). The Company’s Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on Nasdaq as of the open of trading on December 10, 2024,...

Atlanta, GA, Dec. 05, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 5,555,548 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell unregistered Series A Warrants to purchase up to an aggregate of 5,555,548 shares of common stock, and unregistered Series B Warrants to purchase up to an aggregate of 4,166,661 shares of common stock. The combined effective offering price for each share of common stock (or pre-funded warrant in lieu thereof) and the accompanying Series A Warrants and Series B Warrants is $0.54. Each private placement warrant...

MIDDLETOWN, R.I., Dec. 05, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), today announced that, together with international shipping leader Vroon, they have completed the deployment of Starlink/VSAT hybrid connectivity aboard 58 Vroon vessels. The hybrid configuration employs new Starlink Flat High Performance Terminals and Starlink service configured to work in concert with the existing KVH TracPhone® V7-HTS VSAT terminals and Iridium Certus units already onboard Vroon’s fleet. “Our crews’ well-being is of the utmost importance to us. By providing reliable and high-speed Internet access to our colleagues at sea, we ensure they can stay connected with families and friends while performing their duties safely and efficiently,” said Rob Frenks, Vroon Group ICT Manager. “Working with KVH on the integration of Starlink,...

George Agurkis HeadshotGeorge Agurkis, Vice President of Government Relations, H&R BlockKANSAS CITY, Mo., Dec. 05, 2024 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB), a leading provider of global tax preparation, financial products and small business solutions, today announced the promotion of George Agurkis to Vice President of Government Relations. In his new role, Agurkis will lead the government relations team and its efforts to advance the company’s legislative, regulatory, and policy priorities at the state, federal, and local levels. “During his three-year tenure, George has been instrumental in progressing policies that benefit our clients and company, including spearheading an initiative to support enhanced identity verification standards and real-time data sharing to combat fraud,” said Dara Redler,...