Three additional EDCs to be deployed for Texas Economic Development JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile, and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company’s fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly addressing connectivity challenges faced by schools and public institutions...

Klepp, 7 November 2024: Reference is made to the stock exchange announcement by AKVA group ASA (AKVA) on 26 September 2024 regarding the entering into of merger plans for the intragroup mergers of AKVA’s wholly owned subsidiaries AKVA group Software AS and Polarcirkel AS, both as non-surviving entities (the Subsidiaries), with AKVA as the surviving entity. Due to accounting purposes relating to the timing of completion of the mergers, the board of directors of AKVA and the Subsidiaries have today resolved to make certain minor amendments to the merger plans and their appendices. The revised merger plans with appendices are available on AKVA’s webpage: https://www.akvagroup.com/investors/financial-info/other-presentations-reports/. The mergers are expected to be completed in February 2025. The purpose of the mergers is to simplify...

TUSTIN, Calif. and LONDON and BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ: CDMO) (“Avid” or the “Company”), a dedicated biologics contract development and manufacturing organization (“CDMO”) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, GHO Capital Partners LLP (“GHO”) and Ampersand Capital Partners (“Ampersand”) today announced they have entered into a definitive merger agreement for Avid to be acquired by funds managed by GHO and Ampersand in an all-cash transaction valued at approximately $1.1 billion. Under the terms of the merger agreement, GHO and Ampersand would acquire all the outstanding shares held by Avid’s stockholders for $12.50 per share in cash. The per share purchase price represents...

HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions. Enstar will report the final, certified voting results of the Special Meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission. Upon completion of the transaction, Enstar’s common stock will no longer be publicly listed, and Enstar will become a privately-held company. The Company will continue to operate under the Enstar name. Advisors Goldman...

Acquisition represents the Company’s initial entry into its sixth state; Intends to be a leader in Ohio through additional acquisitions Expected to be immediately accretive on an EBITDA and cashflow basis TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the signing of a definitive agreement to acquire the assets of Ratio Cannabis LLC (“Ratio Cannabis”), a well situated dispensary in Goshen Township, Ohio. Upon closing, this acquisition will be TerrAscend’s initial entry into Ohio, the Company’s sixth state. Upon closing, total consideration to the sellers of $10.3 million will be comprised of $5.0 million in cash, $1.32 million in Company common shares and a seller’s note for $3.98 million bearing 6% interest...

HONOLULU, Nov. 06, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) announced that its shareholders voted to approve the Company’s proposed merger with Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE) at the Special Meeting of Territorial Stockholders held today. Territorial shareholders’ support for the Hope Bancorp merger underscores the value it delivers and the benefits it creates for customers, employees and communities across Hawai‘i. Through this all-stock merger, Territorial shareholders will be able to participate in the significant upside value creation of a scaled, more diversified regional bank with an attractive dividend and compelling growth opportunities. Territorial customers can expect a seamless transition, with a continued focus on relationship banking, personalized...

SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) — Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services. This strategic move reinforces Fresche’s commitment to customers, partners, and organizations invested in IBM mid-range solutions and expands its footprint to further support clients in the UK and Europe who require specialized Synon/CA 2E expertise. This acquisition continues to enhance Fresche’s portfolio and increase its capacity to meet the demand for Synon/CA 2E comprehensive services. Redbourn’s renowned reputation in Synon/CA 2E consulting in the UK complements Fresche’s commitment to helping IBM i customers manage, modernize, and maximize their IBM i investment. “We...

The North American Leader in Technology-Enabled Water Solutions Continues Expansion ST. LOUIS, Nov. 06, 2024 (GLOBE NEWSWIRE) — Azuria Water Solutions™ today announced the acquisition of assets comprised of a portion of Miller Pipeline LLC’s municipal services division operations. The division will now operate as part of the Azuria family of companies. The purchase covers solely Miller Pipeline’s cured-in-place pipe (CIPP) lining services for the water and wastewater market, Expanded-In-Place PVC Lining Systems (EX Method), and the manufacturing and installation of WEKO-SEAL®. All other Miller Pipeline products and services will continue to be owned and operated by Miller Pipeline, an Artera Services, LLC company. EX Pipe is high strength, unplasticized PVC manufactured under strict quality procedures using odorless, environmentally...

Strategic Acquisition Bringing Reborn Coffee’s High-End Café Concept Together with Bbang Ssaem’s Bakery Expertise to Drive Revenue and Growth BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea. This acquisition follows the previously signed MOU between the two companies, solidifying Reborn Coffee’s commitment to expanding its offerings and establishing a strong presence in the bakery sector. Bbang Ssaem’s established presence in the Korean market, combined with Reborn Coffee’s specialty coffee expertise, creates a unique opportunity to enhance brand strength. This acquisition also serves as a launchpad...

Zeo Energy Acquires Substantially All of Lumio’s Assets Transaction is Expected to Position Zeo Energy for Enhanced Market Presence and Expansion NEW PORT RICHEY, Fla. and LEHI, Utah, Nov. 06, 2024 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) ( “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today announced that it has completed the acquisition of substantially all of the assets (the “Sale Transaction”) of Lumio Holdings, Inc. (“Lumio”), another residential solar company. On September 3, 2024, Lumio filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (“the Court”). The Sale Transaction was approved by the Court on November 1, 2024. Tim Bridgewater, CEO of Zeo...