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Day: February 6, 2025

Mercado Libre CEO and Founder Marcos Galperin Reflects on the company’s 25-Year Journey and DNA in Latest Episode of Inside Mercado Libre

Montevideo, Uruguay, 6 February 2025, Feb. 06, 2025 (GLOBE NEWSWIRE) — Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, drops the fifth episode of its podcast series, Inside Mercado Libre, “Marcos Galperin on MELI’s Culture” featuring its CEO and founder Marcos Galperin. The Inside Mercado Libre podcast, hosted by Investor Relations Officer, Richard Cathcart, provides investors with unique access to the company executives’ strategic views.  In this special episode Marcos Galperin reflects on the company’s 25-year journey and culture that have fueled its transformation into a Latin American powerhouse —hard work, meritocracy, excellence, entrepreneurship and long-term focus—and how it has shaped a dynamic and competitive ecosystem. He also discusses the team’s ambitions, emphasizing...

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Digital Tails Group, LLC. Announces Completion of Another Customer Project and Detailed Case Study

NEW YORK, NY, Feb. 06, 2025 (GLOBE NEWSWIRE) — bowmo™, Inc. (OTC: BOMO), a New York City– based company powered by AI and XR/VR technologies who’s aim is to provide fully customizable SaaS Platforms to multiple industries (https://bowmo.com) (“bowmo,” “the Company”) and its recent merger partner OWNverse/Digital Tails Group (“DTG”), are pleased to announce the completion of another client project for Téchne , a European custom furniture manufacturer. Digital Tails Group developed a custom Configure, Price, Quote (CPQ) platform to simplify and automate the entire manufacturing and sales process – from product configuration to pricing and order placement – while adhering to budget constraints. A key component of this CPQ platform is the 3D configurator for real-time customization of various product attributes. This system...

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Everything Blockchain, Inc. Announces 3 Million Share Reduction, Strengthening Shareholder Value

Jacksonville , Feb. 06, 2025 (GLOBE NEWSWIRE) — Everything Blockchain, Inc., (OTCMKTS: EBZT), a company focused on the intersection of AI, blockchain, and cryptocurrency, today announced the cancellation of 3 million shares of its common stock, representing nearly 10% of its total shares outstanding. This strategic reduction underscores the company’s commitment to disciplined capital management and long-term shareholder value creation. “We are pleased to announce the cancellation of 3 million shares of common stock, a significant step in strengthening our capital structure and reinforcing our commitment to shareholders,” said Arthur Rozenberg, CEO of Everything Blockchain, Inc.  “Building value in a public company requires not only a strong business model and revenue strategy but also responsible financial stewardship. This reduction...

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Strong performance with good revenue growth and solid profitability

Annual Report for 2024for ROCKWOOL A/SRelease no. 06 – 2025to Nasdaq Copenhagen 6 February 2025 Strong performance with good revenue growth and solid profitability HighlightsRevenue in 2024 reached 3,855 MEUR, an increase of six percent in local currencies and seven percent in reported figures.In Q4 2024, revenue reached 970 MEUR, an increase of four percent in both local currencies and reported figures, hereof half from the two acquisitions made in October 2024.EBIT in 2024 ended at 677 MEUR, up 31 percent, with an EBIT margin of 17.5 percent.EBIT in Q4 2024 reached 163 MEUR, with an EBIT margin of 16.7 percent, up 2.3 percentage points from Q4 2023.Profit for the year reached 550 MEUR, an increase of 161 MEUR compared to 2023.Investments totalled 387 MEUR, primarily from purchase of new land in the United Kingdom and the...

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Camposol Holding PLC’s Invitation to the Fourth Quarter 2024 Financial Results Presentation

Camposol Holding PLC will announce its preliminary financial results for the four quarter of 2024 on Tuesday, February 25, 2025, at 09:00 am Peru Time (EST). In connection with this release, Ricardo Naranjo Fernandez, CEO, and Jossue Yesquen Lihim, IRO, will host a conference call presentation and Q&A session. To register and participate in the conference call please use the following link: https://register.vevent.com/register/BId9217e6bdf55467f879176a97565ddf9 Participants are advised to log in to the conference call service and check their settings a few minutes before the conference call begins. To access the webcast presentation associated with the conference call, please use the following link: https://edge.media-server.com/mmc/p/h6pj4hy9 If you are unable to participate in the conference call, a playback of the conference will...

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BioAdaptives Welcomes UFC Senior Executive Reed Harris to Its Board of Advisors

Harris, the Senior Vice President of Athlete Development and Marketing at the Ultimate Fighting Championship, has a distinguished career spanning over 40 years LAS VEGAS, Feb. 06, 2025 (GLOBE NEWSWIRE) — via IBN – BioAdaptives Inc. (OTC: BDPT), a leading biotechnology company focused on innovative health and wellness solutions, proudly announces the appointment of Reed Harris to its Board of Advisors. Harris brings decades of experience in leadership, athlete development and business management, and an unparalleled commitment to innovation and excellence in professional and personal endeavors. Reed Harris, the Senior Vice President of Athlete Development and Marketing at the Ultimate Fighting Championship (UFC) in Las Vegas, has a distinguished career spanning over 40 years. He blends expertise in martial arts, business development...

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Comment on media reports regarding the Lithuanian Competition Council’s Proceedings

In response to speculation published in the Lithuanian media today regarding the potential decision of the Lithuanian Competition Council on the acquisition of Lrytas, AS Ekspress Grupp confirms that it has not received an official decision from the authority. Ekspress Grupp will promptly inform the market upon receiving official information from the Competition Authority. Mari-Liis RüütsaluChairman of the Management Board+372 512 2591mariliis.ryytsalu@egrupp.ee AS Ekspress Grupp is the leading Baltic media group whose key activities include web media content production, and publishing of newspapers, magazines and books. The Group also operates an electronic ticket sales platform and ticket sales offices in Estonia and Latvia. Ekspress Grupp launched its operations in 1989 and employs almost 1100 people.

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Jeffs’ Brands Enters Into Definitive Agreement to Complete Fort Products’ Merger with a Publicly Traded Company, at a Valuation of up to approximately $12 Million

Tel Aviv, Israel, Feb. 06, 2025 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced it that, further to its press release on January 3, 2025, is has entered into a definitive agreement to complete the contemplated merger of Fort Products Limited, a UK-based private company and a wholly owned subsidiary of the Company (“Fort Products”), with Impact Acquisitions Corp. (“Impact”), a capital pool company listed on the TSX Venture Exchange (the “Proposed Merger”). Under the definitive share purchase agreement (the “Definitive Agreement”), Impact Acquisitions will acquire from the Company 100% of Fort Products’ equity interests. Jeffs Brands will receive 75.02% and up to 83.29% ownership of Impact share...

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Live Ventures Reports Fiscal First Quarter 2025 Financial Results

LAS VEGAS, Feb. 06, 2025 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal first quarter 2025 ended December 31, 2024.  Fiscal First Quarter 2025 Key Highlights:Revenue was $111.5 million, compared to $117.6 million in the prior year period Net income was $0.5 million and diluted earnings per share (“EPS”) was $0.16, compared to the prior year period net loss of $0.7 million and loss per share of $0.22. Net income for the first quarter 2025 includes a $2.8 million gain on the settlement of the earnout liability related to the Precision Metal Works, Inc. (“PMW”) acquisition and a $0.7 million gain on the settlement of PMW seller notes Adjusted EBITDA¹ was $5.7 million, compared to $8.7 million in the prior...

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RAVE Restaurant Group, Inc. Reports Second Quarter 2025 Results

DALLAS, Feb. 06, 2025 (GLOBE NEWSWIRE) — RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the second quarter of fiscal 2025 ended December 29, 2024. Second Quarter Highlights:The company recorded net income of $0.6 million for the second quarter of fiscal 2025, a 9.8% increase from the same period of the prior year. Income before taxes increased by $0.2 million to $0.7 million for the second quarter of fiscal 2025 compared to the same period of the prior year, a 39% increase. Total revenue increased by $0.1 million to $2.8 million for the second quarter of fiscal 2025 compared to the same period of the prior year, a 4% increase. Adjusted EBITDA increased by $0.3 million to $0.8 million for the second quarter of fiscal 2025 compared to the same period of the prior year, a 51% increase. On a fully...

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