Annual report

Precision Optics Announces Updated Implementation Date of 1-for-3 Reverse Stock Split in Preparation for Planned Uplisting to Nasdaq

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Wednesday, November 2, 2022

Navy Precision Optical Interferometer, SEC, Computershare, Form 10-K, Annual report, Endoscopy, Nasdaq, Forward-looking statement, Ross (optics), Company, 3D, OTCQB, Health, Security (finance)

The reverse stock split is expected to facilitate the Company's listing application with Nasdaq.

Key Points:

The reverse stock split is expected to facilitate the Company's listing application with Nasdaq.
Subject to satisfying those conditions, Company management anticipates that the Nasdaq listing will likely occur in the coming weeks.
As a result of the reverse stock split, every 3 outstanding shares of common stock were exchanged for 1 share of common stock.
The reverse stock split reduces the number of shares of Company's common stock outstanding from 16,915,089 shares to approximately 5,638,302 shares.

Upexi Closes Acquisition of E-Core and its Subsidiaries, Adding Over $40 Million in Trailing Twelve Month Sales and Increasing Projected Calendar 2023 Sales to $100M

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Wednesday, November 2, 2022

CLEARWATER, Fla., Nov. 2, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted brand owner and innovator in aggregation, today announced the closing of its acquisition of E-Core, Inc. ("E-Core") and its subsidiaries; Tytan Products ("Tytan") and New England Technology, Inc., ("New England Technology"), for a combination of cash, stock and one-to-three year notes. Tytan is a children's toy brand and maker of popular magnetic tiles and building blocks and New England Technology is a national distributor for branded consumer products.

Key Points:

In particular, Tytan has grown 100% over the past two years, with major retail distribution through some of the largest retailers in America.
We are excited to enter another recession resistant category with compounding organic growth and national distribution."
With over $40million in trailing twelve-month sales, E-Core provides Upexi with an entrance into the toy category as well as national retail distribution for owned andnon-owned branded products.
This acquisition expands our ability to leverage direct-to-consumer distribution and the broad distribution capabilities of E-core and its subsidiaries.

Canoo Announces EV Battery Module Manufacturing Facility in Oklahoma

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Wednesday, November 2, 2022

JUSTIN, Texas, Nov. 2, 2022 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced an EV Battery Module Manufacturing Facility at MidAmerica Industrial Park in Pryor, OK.

Key Points:

JUSTIN, Texas, Nov. 2, 2022 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced an EV Battery Module Manufacturing Facility at MidAmerica Industrial Park in Pryor, OK.
Once ramped, the facility will be capable of approximately 320 MWhs of battery module manufacturing capacity.
"We are accelerating our hiring plans in Pryor with the establishment of our EV Battery Module Manufacturing Facility, which will produce our proprietary battery modules, energy management system and thermal control technology for our MPP platform" said Tony Aquila, Chairman and CEO at Canoo.
Canoo has refined and validated its battery module manufacturing over recent months and is awaiting delivery of machinery at the new facility.

NAPCO Security Technologies to Announce Fiscal First Quarter 2023 Results

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Wednesday, November 2, 2022

Security (finance), Growth, U.S. Securities and Exchange Commission, Annual report, COVID-19, Interest, NSSC, NAPCO, Government, Form 10-K, NASDAQ, Company, Communication, Fiscal, Solution, Risk, Risk management

AMITYVILLE, N.Y. , Nov. 2, 2022 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading designers and manufacturers of high-tech electronic security devices, wireless recurring communication services for intrusion, fire alarm, access control and locking systems as well as a leading provider of school safety solutions will release financial results for its Fiscal First Quarter 2023 which ended September 30, 2022 on Monday November 7, 2022 before the market opens, followed by a conference call at 11 a.m. ET.

Key Points:

For the replay, please dial 1-844-512-2921 domestically, or 1-412-317-6671 for international callers, and use the replay access code 13734148.
NAPCO Security Technologies, Inc., is one of the world's leading manufacturers and service providers of high-tech electronic security devices as well as a leading provider of school safety solutions.
The Company consists of four Divisions: NAPCO, plus three wholly-owned subsidiaries: Alarm Lock,Continental Instruments, and MarksUSA.
NAPCO products have earned a reputation for innovation, technical excellence and reliability, positioning the Company for growth in the multi-billion dollar and rapidly expanding electronic security market.

Orlando Magic Advance Sustainability Efforts with PureCycle's PureZero™ Program

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Wednesday, November 2, 2022

5 plastic waste resulting in an ultra-pure recycled (UPR) plastic can be recycled and reused multiple times, changing our relationship with plastic.

Key Points:

5 plastic waste resulting in an ultra-pure recycled (UPR) plastic can be recycled and reused multiple times, changing our relationship with plastic.
Off the court, on an annual basis, the Orlando Magic gives more than $2 million to the local community by way of sponsorships of events, donated tickets, autographed merchandise and grants.
Orlando Magic community relations programs impact an estimated 100,000 kids each year, while a Magic staff-wide initiative provides more than 7,000 volunteer hours annually.
In addition, the Orlando Magic Youth Foundation (OMYF) which serves at-risk youth, has distributed more than $27 million to local nonprofit community organizations over the last 32 years.

Future FinTech Announces that its Ohio Cryptocurrency Mining Farm is Operational as it Deploys the First Phase of Mining Machines

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Wednesday, November 2, 2022

Security (finance), Goal, Securities Exchange Act of 1934, U.S. Securities and Exchange Commission, Annual report, SEC, Electricity, LLC, Energy, Securities Act of 1933, Ownership, Form 10-K, NASDAQ, Company, Farm, Multimedia, Financial technology, Forward-looking statement, Cryptocurrency

Following testing procedures, on October 24, 2022, the first batch Antminer S19 series mining machines were successfully put into operation.

Key Points:

Following testing procedures, on October 24, 2022, the first batch Antminer S19 series mining machines were successfully put into operation.
As announced in May 2022, FTFT Supercomputing entered into an electricity sales and purchase agreement with the electricity supplier Champion Energy Services, LLC, and the transmission of electricity for the Ohio cryptocurrency mining farm was enabled on July 1, 2022.
We believe that our cryptocurrency mining farm in Ohio will be successful and will meet the goals that we have set out for it."
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SOURCE Future FinTech Group Inc.

Recursion to Participate in Upcoming Investor Conferences

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Wednesday, November 2, 2022

SEC, Failure, Safety, Multimedia, Annual report, Private Securities Litigation Reform Act, Recursion, Risk, Forward-looking statement, Pharmacy, Pharmaceutical industry, Online shopping

This press release contains information that includes or is based upon "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the closing of the private placement, registration of the shares of Class A common stock being issued and sold in the private placement, Recursion's use of the proceeds from the private placement, Recursion's preclinical and clinical programs, and all other statements that are not statements of historical facts.

Key Points:

This press release contains information that includes or is based upon "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the closing of the private placement, registration of the shares of Class A common stock being issued and sold in the private placement, Recursion's use of the proceeds from the private placement, Recursion's preclinical and clinical programs, and all other statements that are not statements of historical facts.
Forward-looking statements may or may not include identifying words such as "intend," "may," "expect," "plan," and similar terms.
These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; and other risks and uncertainties such as those described under the heading "Risk Factors" in our filings with the SEC, including our most recent Quarterly Report on Form 10-Q and our Annual Report on Form 10-K. All forward-looking statements are based on management's current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.
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Charlotte's Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada

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Wednesday, November 2, 2022

Hemp-derived CBD falls under the same regulatory framework in Canada as cannabis; and therefore, Charlotte's Web will be available through traditional Canadian cannabis sales channels.

Key Points:

Hemp-derived CBD falls under the same regulatory framework in Canada as cannabis; and therefore, Charlotte's Web will be available through traditional Canadian cannabis sales channels.
Establishing Charlotte's Web's supply chain and distribution in Canada also prepares for the contemplated introduction of new natural health products regulations and potential ability to sell CBD products through traditional pharmacies in Canada.
We are grateful for the meaningful collaboration with Health Canada and Tilray to make Charlotte's WebTM products available for all Canadians."
Quality and manufacturing by Tilray will follow the same proprietary methods and specifications Charlotte's Web employs in the USA.

CVS Health reaches agreement in principle for global opioid settlement

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Wednesday, November 2, 2022

CVS Health will continue to defend against any litigation that the final agreement does not resolve.

Key Points:

CVS Health will continue to defend against any litigation that the final agreement does not resolve.
CVS Health has undertaken numerous initiatives to fight opioid abuse, which include:
Significant investments in technology and procedures to support its pharmacists in exercising their professional obligations.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health.
CVS Health is the leading health solutions company, delivering care like no one else can.

ARLO ANNOUNCES ALL-NEW PRO 5S 2K CAMERA, SUPPORTED BY IT'S MOST COMPREHENSIVE APP EXPERIENCE EVER

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Wednesday, November 2, 2022

SAN JOSE, Calif., Nov. 2, 2022 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its most innovative and advanced offering to date, the all-new Pro 5S 2K Security Camera. The latest addition to the award-winning Pro series, Pro 5S boasts tri-band connectivity - operating off dual-band Wi-Fi and Arlo SecureLink technology. Pro 5S is backed by the redesigned Arlo Secure App which features an all-new, highly intuitive interface that streamlines access to critical tools like Emergency Response1. The Arlo Pro 5S 2K Security Camera is available for pre-order through Arlo.com and Best Buy for $249.99 MSRP, with additional national retailers coming soon.

Key Points:

The latest addition to the award-winning Pro series, Pro 5S boasts tri-band connectivity - operating off dual-band Wi-Fi and Arlo SecureLink technology.
The Arlo Pro 5S 2K Security Camera is available for pre-order through Arlo.com and Best Buy for $249.99 MSRP, with additional national retailers coming soon.
When connected to Arlo's proprietary SecureLink technology, the Arlo Pro 5S 2K provides significant user benefits over existing security devices.
Supporting the overall Pro 5S experience, the redesigned, intuitive Arlo Secure App ensures frictionless access to the most comprehensive monitoring tools available."