Day: January 7, 2025

RONKONKOMA, N.Y., Jan. 07, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that its Board of Directors has approved the inclusion of bitcoin (BTC) as an asset in the Company’s treasury management program. As part of this strategy, SUNation plans to allocate up to 30% of its excess cash, calculated based on its estimated six-month operating expenses, toward BTC purchases. This allocation will be subject to, among other factors, market conditions and the Company’s operational requirements, including in support of its planned expansion strategy. Strategic Diversification and Innovation Bitcoin, recognized as a decentralized store of value, has been adopted to diversify the Company’s...

Company to Host International Roadshow the Week of January 13, 2025 LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) — Renovaro Inc. (NASDAQ: RENB), a pioneer in cancer diagnostics and therapeutics powered by artificial intelligence, today issued a letter to shareholders from Chief Executive Officer David Weinstein. Dear Shareholders, As we enter the new year, I wanted to update you on the progress we have made in the last two months and further define our trajectory for 2025. Our comprehensive analysis of both businesses and development of a 100-day plan of action has already turned up some hidden value in both businesses and is helping us understand key areas of the business we need to fortify. We have identified three areas as mission critical for building the point of care cancer detection, personalized therapy and vaccine business...

Knoxville, TN, Jan. 07, 2025 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies (OTC PINK: HITC), a global leader in AI-driven safety and monitoring solutions, proudly announces the appointment of Justin Freishtat as its Chief Capital Officer. Mr. Freishtat spent the first decade of his professional career building Heartland Foods, which is the premier farm-to-table food service company on the east coast. The Company generated in excess of $87 million in gross revenue, when it was acquired by a private equity firm in 2022. Mr. Freishtat was a Managing Partner and President of Sales at Kerns Capital and Marketing. Kerns Capital has several funds that utilize multiple strategies, including trading, joint ventures in real estate development and several unicorn companies in late state private equity. The Marketing segment of Kerns,...

MONROE, Mich., Jan. 07, 2025 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Melinda D. Whittington, Board Chair, President and Chief Executive Officer, and Taylor Luebke, SVP and Chief Financial Officer, will present at the 2025 ICR Conference. The event will be held on Monday, January 13, 2025, at 4:30 p.m. Eastern Time. The presentation will be webcast live and archived at https://lazboy.gcs-web.com/. Investor Relations Contact:Mark Becks, CFA, (734) 457-9538mark.becks@la-z-boy.com About La-Z-Boy:La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world – a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a...

Hod Hasharon, Israel, Jan. 07, 2025 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced that its management will be meeting with investors and presenting at the Needham Growth Conference taking place in New York on January 15, 2025.   Allot’s CEO, Eyal Harari will be presenting on Wednesday, January 15, 2015 at 1:30p.m. ET and will also be available for one-on-one or group meetings that day. For more information about the conference, or to schedule a meeting with Allot’s management, please contact your Needham representative or email the investor relations team at Allot. About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence...

Stellantis Partners with dSPACE to Accelerate Cloud-based Development of VehiclesPartnership with dSPACE will provide Stellantis with a powerful simulation platform to drive faster and higher-quality software innovations Cloud-based development, integration and validation enable Stellantis engineers to start testing and developing software up to a year before production hardware is available dSPACE solutions are integral to the Stellantis Virtual Engineering Workbench (VEW), streamlining software development cyclesAMSTERDAM, January 7, 2025 – Stellantis, one of the world’s leading automakers, and dSPACE, a leader in simulation and validation solutions, today announced they have signed a non-binding Memorandum of Understanding (MOU) aimed at accelerating the cloud-based development of Stellantis vehicles. The collaboration will integrate...

Company Believes it is Well Positioned for Mid-Term and Long-Term Growth asCurrent Capacity Continues to Support up to $300 Million in Annual Revenue CHASKA, Minn., Jan. 07, 2025 (GLOBE NEWSWIRE) —  Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered into a sales agreement with a non-competitive buyer for the company’s previously purchased, but not yet installed, high-speed, multi-purpose 10-head isolator filler. Under the terms of the agreement, the buyer will pay Lifecore an aggregate purchase price of $17 million in exchange for the 10-head filler. Lifecore received $7 million at closing and anticipates receiving the remaining payments in three tranches over the next 18 months. “As we continue to execute our...