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Year: 2024

Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch Sales

25 B4s delivered and paid for since start of productionBollinger off to solid start since production launch in SeptemberPictured are Bollinger B4 all-electric Class 4 upfits for stake bed, box truck and service body.BREA, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has delivered its first 25 B4 trucks, with a retail sales value of approximately $4.1 million during the nearly three months since the company’s September start of production. The company credited the strong sales start to the vehicle’s design and functionality, combined with its strong nationwide dealer network. The 2025 Bollinger B4 chassis cab is an all-new, all-electric...

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Agillic appoints new Certified Adviser

Announcement no. 10 2024 Copenhagen – 12 December 2024 – Agillic A/S  Agillic A/S has appointed HC Andersen Capital as new Certified Adviser effective 1 January 2025. HC Andersen Capital replaces Norden CEF A/S, who has served as the company’s Certified Adviser since January 2021. We would like to thank Norden CEF A/S for good support and cooperation over the past four years. For further information, please contact:Christian Samsøe, CEO+45 24 88 24 24Christian.samsoe@agillic.com Claus Boysen, CFO+45 28 49 18 46claus.boysen@agillic.com Certified AdviserJohn Norden, Norden CEF A/S DisclaimerThe forward-looking statements regarding Agillic’s future financial situation involve factors of uncertainty and risk, which could cause actual developments to deviate from the expectations indicated. Statements regarding the future are subject to risks...

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XORTX Announces Presentation at the Rare and Genetic Disease Summit

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, is pleased to announce a presentation by Dr. Allen Davidoff at the Rare and Genetic Kidney Disease Summit, in Boston, Massachusetts at 10:30 am ET, Thursday December 12, 2024. The presentation entitled “Autosomal Dominant Polycystic Kidney Disease – Genetic and Environmental Factors → Evidence for Aberrant Purine Metabolism as a Second Hit Determining Disease Progression.” The presentation highlights XORTX recent pioneering discoveries in the field of Autosomal Dominant Polycystic Kidney Disease (“ADPKD”), and recent peer-reviewed, independent,...

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Fluence Gridstack Pro 2000 Surpasses Highest Standards for Energy Storage Fire and Explosion Safety

Deflagration testing conducted by Fluence and DNV, along with large-scale fire testing by Fluence and CSA Group, confirms Gridstack Pro 2000, featuring Fluence’s U.S.-manufactured battery modules, as the first domestic content solution to exceed the industry’s top safety standards   ARLINGTON, Va., Dec. 12, 2024 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the successful completion and passing of rigorous deflagration and fire safety testing for the first Gridstack Pro system. The fire test included Fluence’s U.S-manufactured battery modules, which began production in Utah earlier this year and recently achieved UL1973 certification. The modules, along with other U.S.-sourced...

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Cemtrex’s Vicon Announces New Partnership with AI Chipmaker Hailo for its New Modular Camera System, NEXT™

Hauppauge, NY, Dec. 12, 2024 (GLOBE NEWSWIRE) — – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that its subsidiary, Vicon Industries, Inc., secured a partnership with Hailo, an AI chip manufacturer known for its high-performance edge AI processors. Together, Vicon and Hailo are raising the bar for video intelligence by integrating the groundbreaking Hailo-15 System-on-a-Chip (SoC) into Vicon’s NEXT Modular Camera System. “Our partnership with Hailo reaffirms our commitment to being a pioneer in the security industry,” said Saagar Govil, CEO of Vicon Industries. “By embedding Hailo’s powerful AI technology into NEXT, we are empowering customers with a proactive solution that not only detects but also deters potential threats. This is a camera...

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Castor Maritime Inc. Announces the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG

LIMASSOL, Cyprus, Dec. 12, 2024 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on December 12, 2024, it entered, through a wholly owned subsidiary, into an Share Purchase Agreement (“SPA”) with MPC Münchmeyer Petersen & Co. GmbH (“MPC Holding”) for the acquisition of 26,116,378 shares representing 74.09% of the shares of the Frankfurt-listed investment and asset manager MPC Münchmeyer Petersen Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) (“MPC Capital”). The acquisition price of the shares has been agreed at a price of €7.00 per share, which is equal to an aggregate cost of €182.8 million payable in cash (approx. USD 192.6 million equivalent), excluding any transaction-related costs. As part of the transaction Castor secured...

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Live Ventures Reports Fiscal Year 2024 Financial Results

LAS VEGAS, Dec. 12, 2024 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal year ended September 30, 2024.  Fiscal Year 2024 Key Highlights:Revenue increased 33.1% to $472.8 million, compared to $355.2 million in the prior year Gross profit increased 25.3% to $144.8 million, compared to $115.6 million in the prior year Net loss was $26.7 million and loss per share was $8.48, compared to the prior year net loss of $0.1 million and loss per share of $0.03. Net loss for fiscal year 2024 includes an $18.1 million goodwill impairment charge in the Retail-Flooring segment Adjusted EBITDA¹ was $24.5 million, compared to $31.5 million in the prior year Total assets of $407.5 million and stockholders’ equity of...

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EnWave Signs Research & Development License and Lease Agreement with ELEA Technology GmbH

VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed a research and development license (the “RDLA”) and lease agreement (the “Lease”) with ELEA Technology GmbH (“ELEA”), the world’s leading pulse electric field (“PEF”) technology company. The RDLA grants ELEA certain rights to use EnWave’s Radiant Energy Vacuum (“REV™”) technology in combination with its PEF technology to develop best-in-class potato and vegetable snacks, with the intent to reduce or eliminate frying by pre-treating products with PEF before REV™-drying. ELEA will lease a 10kW REV™ machine for use at its German facility beginning in February 2025 for a minimum three-month term. ELEA has placed its PEF technology at...

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Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange

VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) — Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”) (TSXV: CAN) (formerly “Amseco Exploration Ltd.”) is pleased to announce that the common shares of the Company will officially commence trading on the TSX Venture Exchange (“TSXV”) under the trading symbol “CAN” and new CUSIP #13585U109, as of market open today, Thursday, December 12, 2024. “The listing marks a significant milestone for Canadian Gold, providing the Company with greater access to capital markets, increased visibility, and enhanced opportunities for growth, and development,” said Ronald Goguen Chairman, President & CEO of Canadian Gold. “This listing aligns with Canadian Gold’s strategy to advance its exploration and development projects in Canada, further solidifying...

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LPL Financial Welcomes Prestige Wealth Group

SAN DIEGO, Dec. 12, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) announced today that the advisors of Prestige Wealth Group (PWG), led by managing partners Rich Galgano, CFP®, and Matt Geraci, CFP®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $540 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. Headquartered in Franklin Lakes, N.J., and Westchester, Pa., Prestige Wealth Group was established in 2007 by Mark Fleksher, who remains with the team as a consultant. The firm’s managing partners, Galgano and Geraci, were hockey teammates in college and have worked together since 2020 to exponentially grow their practice organically and through acquisitions. They are joined by team members Chris Rich, Paul Goldman and Alan Concha,...

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