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Year: 2024

LuxUrban Hotels Inc. Announces Reverse Stock Split and Nasdaq Compliance Approval

MIAMI, Nov. 15, 2024 (GLOBE NEWSWIRE) — LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced that it will effectuate a one-for-seventy (1:70) reverse stock split of its common stock. This reverse stock split was approved by stockholders at the special meeting held on November 12, 2024, and will be effective at the opening of trading on November 20, 2024. The reverse stock split is part of LuxUrban Hotels’ strategy to strengthen its position within the Nasdaq Capital Markets, improve the stock’s trading profile, and position the company for future growth and expansion opportunities. Following the reverse split, the number of shares of common stock issued and outstanding will...

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Collective Metals Announces CFO Transition

VANCOUVER, British Columbia, Nov. 15, 2024 (GLOBE NEWSWIRE) — COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce the appointment of Ms. Devienne Mok, CPA, as Chief Financial Officer of the Company, effective immediately (the “Appointment”). Ms. Mok is a seasoned accounting and auditing professional with extensive knowledge in IFRS and financial reporting. Throughout her audit career, she has worked with numerous public and going public companies across the junior mining, cannabis, technology, and life sciences sectors. Ms. Mok holds a Bachelor of Business Administration with a major in Accounting from the Beedie School of Business at Simon Fraser University, along with her CPA Professional Designation from CPA BC. Ms. Mok replaces Mr. Navin Sandhu who resigned from...

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Nvni Group Limited Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) — Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”) today announced that it has received a staff determination letter (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on November 12, 2024. The Determination Letter states that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”). On November 15, 2024, the Company submitted a timely appeal of the delisting determination to the Nasdaq Hearings Panel (the “Panel”) in accordance with Nasdaq’s procedures. Under Nasdaq Listing Rules, the request for a hearing automatically stays the suspension of the Company’s securities...

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Update on the privatisation of Humo payments system in Uzbekistan

ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) — In August 2024 we (“Kaspi.kz”) submitted a non-binding letter of interest to Uzbekistan’s State Assets Management Agency (“SAMA”), indicating our interest in participating in the privatisation of the National Interbank Processing Center (“Humo”). At this time, we are not proceeding further in the process. Uzbekistan’s economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz’s innovative digital products improve the everyday lives of consumers and merchants and we will continue to look for opportunities to play a part in Uzbekistan’s exciting digital transformation. Contacts David Fergusondavid.ferguson@kaspi.kz+44 7427 751 275 About Kaspi.kz Kaspi.kz’s mission is to improve people’s lives by developing innovative mobile products and services....

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Gouverneur Bancorp Announces Fiscal 2024 Fourth Quarter and Fiscal Year Results

GOUVERNEUR, N.Y., Nov. 15, 2024 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTCQB: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the results for the fourth quarter and full fiscal year ended September 30, 2024. The Company reported net income of $136,000, or $0.13 per basic and diluted share, for the quarter ended September 30, 2024, compared to net income of $86,000, or $0.04 per basic and diluted share, for the quarter ended September 30, 2023. The Company reported adjusted net income(1) of $161,000 for the quarter ended September 30, 2024, compared to adjusted net income(1) of $100,000 for the quarter ended September 30, 2023. The Company also reported net income of $539,000, or $0.51 per basic and diluted share, for the fiscal year ended September 30, 2024,...

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AppTech Payments Reports Third Quarter 2024 Results and Provides Business Update

CARLSBAD, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) — AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company powering frictionless commerce, announced its financial results for the third quarter ended September 30, 2024. Strategic HighlightsIn Q3 2024, AppTech continued its strategic focus on platform innovation, operational efficiency, and expanding partnerships within high-growth sectors such as credit unions, Independent Sales Organizations (ISOs), and airports, addressing the increasing demand for seamless, secure, and customized payment solutions. Utilizing its Payments-as-a-Service (PaaS) and Banking-as-a-Service (BaaS) models, AppTech is working to provide ISOs, credit unions, and travel hubs with foundational digital payment capabilities. These ongoing developments are intended to help AppTech’s clients address...

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Inventiva will present data from the final analysis of the Phase 2 study evaluating the combination of lanifibranor with empagliflozin in patients with MASH and T2D at the AASLD The Liver Meeting® late-breaker session

Data will be presented on Monday, November 18th as a late breaker poster at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting® 2024 in San Diego. LEGEND achieved its primary efficacy endpoint by significantly lowering HbA1c level in both the lanifibranor arm and in the lanifibranor with empagliflozin arm compared to placebo. 50% percent of patients saw their HbA1c levels below 6.5% at week 24 following treatment with lanifibranor alone or in combination with empagliflozin.  58% of patients on lanifibranor alone and 80% of those on the combination therapy had a decrease of at least 1% in HbA1c at week 24, compared to 0% in the placebo group. Liver function tests, markers of liver fibrosis and markers or cardiometabolic health including HOMA-IR, hsCRP, ferritin, lipid profile and adiponectin levels were...

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Thomasville Bancshares, Inc. Announces Cash Dividend

THOMASVILLE, Ga., Nov. 15, 2024 (GLOBE NEWSWIRE) — Thomasville Bancshares, Inc. (OTCPK:THVB), the holding company of Thomasville National Bank and TNB Financial Services, announced that its Board of Directors has declared a cash dividend of $1.25 per share. The cash dividend will be paid on December 13, 2024, to shareholders of record as of December 3, 2024. The total dividend paid for the year of $2.30 represents a 15% increase over the 2023 dividend paid of $2.00. In announcing the dividend, the Company’s Chairman and CEO Stephen H. Cheney stated that “We are pleased that our Bank’s strong financial performance allows us to continue our tradition of paying a dividend in December to our shareholders.” Cheney also stated “Over the last 29 years we recognize the support of this community, our shareholders and customers have made...

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Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Nine Months ended September 30, 2024

BETHLEHEM, Pa., Nov. 15, 2024 (GLOBE NEWSWIRE) — On November 13, 2024, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024, a copy of which can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly-owned subsidiary, include:Cash and cash equivalents on hand of $91.9 million at September 30, 2024, or 5.4% of total assets. Deposits of $1.54 billion at September 30, 2024, an increase of $58.9 million from $1.48 billion at December 31, 2023. The Company does not have any brokered deposits. Short term borrowings of $21.9 million at September 30, 2024 were repaid...

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Nokia Corporation: Repurchase of own shares on 15.11.2024

Nokia CorporationStock Exchange Release15 November 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 15.11.2024 Espoo, Finland – On 15 November 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 1,960,647 4.24CEUX 300,000 4.24BATE – –AQEU – –TQEX – –Total 2,260,647 4.24* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by...

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