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Year: 2024

HealthEquity 2025 Benefits Trends Unveiled: Cost Transparency and Containment Take Center Stage for Administrators

SHRM-hosted event will focus on tactics and takeaways to help employers combat rising costs that affect employee satisfaction and benefits utilization DRAPER, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) — HealthEquity has announced its annual benefit trends webinar aimed at helping employers, HR professionals, and other business leaders prepare for the 2025 benefits landscape. The event will focus on benefits affordability for employers and employees, and how employers can address it. The webinar is scheduled for Tuesday, December 10, at 2 p.m. (EST). The panel-style discussion will feature seasoned benefits experts from various industries. Attendees will hear actionable recommendations for employers looking to strengthen their benefits offerings and improve outcomes, all while navigating the complexities of today’s economic climate....

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Mullen Subsidiary, Bollinger Motors, Announces Follow-on Order from TEC Equipment for Seven All-Electric Bollinger B4 Trucks

On Dec. 2. 2024, Bollinger Motors received, via electronic transfer, payment in full for all seven Bollinger B4 trucks with immediate revenue recognitionAdditional Bollinger B4s heading to TEC Equipment locations in California, Oregon and WashingtonThis is TEC’s second B4 all-electric truck order. Initial order was delivered in October.BREA, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that its subsidiary, Bollinger Motors (“Bollinger”), has received a follow-on order for seven all-electric 2025 Bollinger B4 trucks from TEC Equipment (“TEC”). Electronic payment has been received on all seven vehicles, and the revenue is being recognized in the current fiscal quarter ending in December...

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Cyber A.I. Group Executes Comprehensive Agreement to Acquire Established American Cybersecurity Company

Significant Acquisition Poised to Drive Expansion as Company Accelerates International Pre-IPO M&A StrategyCyber AI to Acquire Established United States Cybersecurity CompanyCyber AI to Acquire Established United States Cybersecurity CompanyMIAMI, NEW YORK and PARIS, Dec. 03, 2024 (GLOBE NEWSWIRE) — Cyber A.I. Group, Inc. (“CyberAI” or the “Company”), an emerging growth Cybersecurity, Artificial Intelligence and IT services company engaged in the proactive acquisition of a broad spectrum of Cybersecurity service providers on an international basis, announced today that it has executed a comprehensive Letter of Intent to acquire an established American cybersecurity firm. The announcement was made by A.J. Cervantes, Jr., Chairman of CyberAI and Chairman of Trilogy Capital Group, LLC, CyberAI’s founding shareholder. “The...

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OMERS Private Equity announces agreement to acquire Integris, a leading provider of IT services in the United States

Investment will help accelerate the company’s expansion across the U.S. NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) — OMERS Private Equity today announced the signing of a definitive agreement to acquire a majority stake in Integris (“Integris” or the “Company”) from Frontenac, a Chicago-based private equity firm. Financial terms of the transaction were not disclosed. Integris offers a full suite of outsourced IT, cloud, and cybersecurity services to small and medium-sized businesses across the United States. Headquartered in New Jersey, the company supports its customers nationally through its network of offices on the East Coast, in the Midwest and the South. The partnership with Integris marks OMERS Private Equity’s entry into the IT managed services provider (MSP) space – a large and rapidly growing sector that delivers IT services...

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BioAdaptives, Inc.’s Board of Directors Approves a One-for-One Stock Dividend

LAS VEGAS, Dec. 03, 2024 (GLOBE NEWSWIRE) — via IBN – BioAdaptives Inc. (OTC: BDPT) Board of Directors has approved a dividend to all common stockholders. They will receive matching shares for all of the shares they own on the Record Date. CEO James Keener stated, “This dividend is designed to acknowledge your steadfast belief in our vision and to reward you for standing by us as valued stakeholders.” Key Details:Dividend Structure: One additional share of common stock for each share owned as of the record date. Record Date: Projected for the second week of January 2025 Payment Date: Within 15 days from the Record DateKeener added, “This special dividend aligns with our dedication to enhancing shareholder value while reinforcing our focus on long-term growth and success. The additional shares you will receive signify our shared...

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Ready Capital Corporation Announces Public Offering of Senior Notes Due 2029

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it is commencing an underwritten public offering of senior unsecured notes due 2029 (the “Notes”). The Company intends to use the net proceeds from this offering to originate or acquire target assets consistent with its investment strategy and for general corporate purposes. The maturity, interest rate and other terms of the Notes will be determined at the time of pricing the offering. Morgan Stanley & Co. LLC, Piper Sandler & Co., RBC Capital Markets, LLC, UBS Investment Bank and Wells Fargo Securities, LLC are serving as book-running managers for the offering. The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol “RCD.” A registration statement...

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LPL Financial Welcomes Argosy Financial

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisor James P. Norris, MBA, APMA®, of Argosy Financial has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately $250 million in advisory, brokerage and retirement plan assets* and joins LPL from Centaurus Financial. Based in Glendale, Ariz., Norris has more than 20 years of experience in financial services, specializing in investment management, client portfolio construction and retirement planning. He prides himself on developing personalized investment strategies for each client’s distinct needs, rather than using a templated approach. With support from team members Michael O’Brien, Romy Quick and Sarah Norris, Argosy Financial is committed to providing clients with the highest level...

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Advent Technologies Awarded Grant for H2VE Proposal

LIVERMORE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that its H2VE proposal has passed the evaluation process. Advent’s technical team of Anastasia Koutsomitopoulou, Olga Bereketidou, and Nora Gourdoupi made this achievement possible. This grant of €115,437 will be used towards summer school programs, study visits, presentations, workshops, and networking events in the Western Macedonia Region. The program will last 48 months and was submitted under the call, ERASMUS-EDU-2024-PEX-COVE (Centres of Vocational Excellence). Konstantinos Ferderigos, Advent’s General Manager in Greece, commented, “We are very pleased with this grant award....

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Q.E.P. Co., Inc. Announces Regular Quarterly Cash Dividend

Next dividend of $0.20 per share payable on February 28, 2025 to holders of record on February 3, 2025 BOCA RATON, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) — Q.E.P. CO., INC. (OTCQX: QEPC) (the “Company” or “QEP”) today announced that its Board of Directors (the “Board”) has approved a regular quarterly cash dividend policy. The next quarterly cash dividend will be $0.20 per share, payable on February 28, 2025 to holders of record on February 3, 2025. “We are pleased to introduce this dividend policy as part of our ongoing efforts to enhance stockholder value,” said President & CEO, Leonard Gould. “This decision underscores our commitment to disciplined capital management and reflects our confidence in the Company’s ability to generate sustained earnings growth.” The Company intends to pay regular quarterly...

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Village Super Market, Inc. Reports Results for the First Quarter Ended October 26, 2024

SPRINGFIELD, N.J., Dec. 03, 2024 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the first quarter ended October 26, 2024. First Quarter HighlightsSales increased 4.0% and same store sales increased 2.4% Same store digital sales increased 8% Net income of $12.8 million, an increase of 11% compared to the first quarter of the prior yearFirst Quarter of Fiscal 2025 Results Sales were $557.7 million in the 13 weeks ended October 26, 2024 compared to $536.4 million in the 13 weeks ended October 28, 2023. Sales increased due to an increase in same store sales of 2.4% and the opening of the Old Bridge, NJ replacement store on March 17, 2024 partially offset by the impact of the closure of a Gourmet Garage location on November 1, 2023. Same store sales increased due primarily...

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