Month: February 2025

Cloudastructure Strengthens Partnership with Premier Multifamily Real Estate Firm

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Largest order to date from long-standing client; Reinforces commitment to AI-driven security solutions AI-powered solutions enhance property protection while reducing operational costs PALO ALTO, CA, Feb. 03, 2025 (GLOBE NEWSWIRE) — Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, today announced a significant expansion of their partnership with one of the nation’s leading multifamily investment firms and a premier provider of multifamily real estate services. This valued, long-term customer has placed its largest order to date, signaling an accelerated deployment of Cloudastructure’s AI-driven security platform. The client, a multi-disciplined real estate investment and services...

MedBright AI Appointments Brandon Kou as Director

Written by Customer Service on February 3, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 03, 2025 (GLOBE NEWSWIRE) — MedBright AI Investments Inc. (the “Company” or “MedBright AI”) (CSE:MBAI, OTCQB:MBAIF, FSE:Y30) is pleased to announce that Brandon Kou has joined MedBright AI as a Director, effective February 3, 2025, replacing Jaime Gerber. Brandon Kou is a Managing Director at Wildcat Equity Partners, a family office based in the US investing in healthcare, media, technology, and infrastructure. Previously, he was CEO and board member of Leef Brands, a publicly traded MSO (multi-state operator) in the legalized cannabis space. Under his guidance, Leef acquired multiple brands and companies leading to an eventual merger with one of the largest manufactures in the state of California. Mr. Kou was responsible for all aspects of the business including M&A, all public market activities...

Stran & Company Reports Preliminary Unaudited Revenue Growth of 17.8% for Fourth Quarter 2024 and 9.3% for Full Year 2024

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Continues Strong Performance with Acquisition of Gander Group™ Assets Quincy, MA , Feb. 03, 2025 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter of 2024, revenue is expected to be approximately $27 million, reflecting a 17.8% increase compared to approximately $23 million expected to be reported for the fourth quarter of 2023 on a restated basis. For the full year 2024, revenue is projected to reach approximately $83 million, representing a 9.3% increase from $76 million in 2023. The...

Edible Garden Starts Shipping Walmart New Offering – Fresh-Cut Basil

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Provides Consumer Value Size & Aligns with Walmart’s Project Gigaton, Furthering Sustainability Efforts and Reducing Food Miles BELVIDERE, NJ, Feb. 03, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the expansion of its existing partnership with Walmart. The Company is adding value size fresh-cut basil to its product assortment at Walmart locations. This strategic addition underscores Edible Garden’s ongoing commitment to sustainable farming practices and its dedication to reducing environmental impact through Walmart’s Project Gigaton. “We are excited to expand our relationship with Walmart by introducing our value size cut...

Safe & Green Holdings Enters Definitive Agreement to Merge with Olenox and Machfu.com

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Strategic Combination Poised to Drive Innovation in Energy and Industrial IoT MIAMI, FL, Feb. 03, 2025 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with New Asia Holdings, Inc. (“NAHD”), which owns Olenox Corp. (“Olenox”) and Machfu.com (“Machfu”), which are both innovative leaders in the energy and industrial IoT sectors. Under the terms of the agreement, Safe & Green will acquire 100% of the outstanding securities of NAHD in exchange for the issuance of non-voting convertible preferred shares of the Company. This transaction marks a significant step forward in Safe...

Catalyst Announces Hiring of Craig Weynand as General Counsel

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Attorney with Nearly 35 Years of Experience Joins Growing Alternative Financial Solutions Provider NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Catalyst Capital Advisors LLC, a leading provider of alternative and innovative investment solutions, today announced the hiring of Craig Weynand as General Counsel. In this newly created position, Mr. Weynand will serve as chief legal advisor, overseeing all aspects of legal and regulatory operations across the Catalyst organization.Prior to joining Catalyst, Mr. Weynand worked as Counsel, Chief Compliance Officer & Secretary for Gabelli & Company Investment Advisers, a wholly-owned subsidiary of Associated Capital Group that serves as the alternative investment arm of the Gabelli Group of Companies. Prior to his tenure with the Gabelli Group, Mr. Weynand held a variety of positions...

ACNB Corporation Announces Completion of Traditions Bancorp, Inc. Acquisition

Written by Customer Service on February 3, 2025. Posted in Mergers And Acquisitions.

GETTYSBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB), the parent financial holding company of ACNB Bank, a Pennsylvania state-chartered, FDIC-insured community bank, headquartered in Gettysburg, PA, announced the completion of the acquisition of Traditions Bancorp, Inc. (“Traditions”) and its wholly-owned subsidiary, Traditions Bank, headquartered in York, PA, effective February 1, 2025. Traditions was merged with and into a wholly-owned subsidiary of ACNB Corporation immediately followed by the merger of Traditions Bank with and into ACNB Bank. ACNB Bank will operate the former Traditions Bank branches as “Traditions Bank, A Division of ACNB Bank”. In connection with the close of the acquisition, Traditions stockholders received 0.7300 shares of ACNB Corporation common stock for each share of Traditions...

Lavoro Reports Fiscal First Quarter 2025 Earnings Results

Written by Customer Service on February 3, 2025. Posted in Earnings Releases And Operating Results.

1Q25 consolidated revenue of R$2.05 billion reais decreased -13% year-over-year (y/y), driven by the lingering effects of input price deflationary headwinds in Brazil Ag Retail, partially offset by growth in Crop Care. In USD terms1, revenue declined -24% y/y to $370.2 million, including a -12% depreciation of the Brazilian real (BRL) relative to the prior year period. Gross profit increased 10% to R$321.2 million in 1Q25, with gross margins expanding 320 bps to 15.6%, driven by improved distribution margins in Brazil Ag Retail. In USD terms, gross profit declined -4% to $57.9 million, reflecting the currency translation effect. 1Q25 Crop Care segment revenue grew 68% to R$293.7 million, led by strong performance from subsidiaries Union Agro (specialty fertilizer) and Perterra (post-patent private label agrochemicals). In USD terms,...

Fingerprint Cards AB (Fingerprints) partners with leading advisory firm to grow IP commercialization and defend its technology

Written by Customer Service on February 3, 2025. Posted in Public Companies.

Fingerprint Cards AB (Fingerprints), a global leader in biometric technology, is pleased to announce a strategic partnership with a leading IP advisory firm to expand its IP commercialization and to defend its technology rights. This collaboration aims to capitalise on Fingerprints’ strong patent portfolio and will support multiple IP commercialization opportunities concurrently. The IP commercialization initiative, which began in July 2023, following the establishment of the New Business unit, has already yielded significant results, with the first revenue generated in 2024, following the signing of a patent licence agreement with a major global firm as the licensee. Fingerprints has identified several new opportunities and is optimistic about successfully pursuing these with the support of its new partner. “Fingerprints have built...

Outbrain Completes the Acquisition of Teads

Written by Customer Service on February 3, 2025. Posted in Mergers And Acquisitions.

Combination Creates the Omnichannel Outcomes Platform for the Open Internet Highlights:The combination will merge two open internet category leaders to create a unified omnichannel platform that delivers outcomes from branding to performance across all screens, including CTV, mobile and web. The new company will operate under the name Teads. The union creates one of the largest open internet companies, with combined advertising spend of approximately $1.7 billion (FY24), reaching 2.2 billion consumers. The company will unite two of the richest contextual and interest data sets on the open internet, powering an advanced AI prediction engine to optimize advertiser outcomes. Outbrain CEO, David Kostman, will serve as CEO of the combined company, with Jeremy Arditi and Bertrand Quesada, former Teads CEOs, assuming the roles of Co-President,...

Month: February 2025

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