United

Applied Digital Issues $50 Million Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

Retrieved on: 
Monday, April 1, 2024
Negotiation, HPC, Supercomputer, Sale, LLP, United, Security (finance)

The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.

Key Points: 
  • The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.
  • The Investor has contractually agreed not to short the stock during the term of the note.
  • Concurrently, we continue negotiating our project-level financing to ensure timely project completion and fulfillment of our contractual obligations,” said Applied Digital CFO David Rench.
  • Northland Capital Markets acted as advisor and sole placement agent for the Company on the financing.

Milestone Scientific Achieves 12% Increase in Revenue and 39% Increase in Gross Profit for the Year Ended 2023

Retrieved on: 
Monday, April 1, 2024
Growth, MLSS, Webcast, Telephone, Education, Dental Service Organizations, Operating cost, Hospital, United, CPT, Injection, Pain management, STA, Physician

Arjan Haverhals, CEO and President of Milestone Scientific, stated, “We achieved solid financial results in 2023, with revenue increasing 11.6% and gross profit increasing 39%.

Key Points: 
  • Arjan Haverhals, CEO and President of Milestone Scientific, stated, “We achieved solid financial results in 2023, with revenue increasing 11.6% and gross profit increasing 39%.
  • For the year ended December 31, 2023, international revenue was approximately $4.1 million, a decrease of $724,000 compared to December 31, 2022.
  • Gross profit for the year ended December 31, 2023, was $6.8 million versus $4.9 million for the year ended December 31, 2022.
  • Operating loss for the year ended December 31, 2023, was $7.1 million versus $8.8 million for the year ended December 31, 2022.

The Federal Bridge Corporation Ltd. Announces the Start of the Second Blue Water Bridge Rehabilitation Project

Retrieved on: 
Thursday, March 28, 2024
Communication, Government, Blue Water Bridge, Bidirectional traffic, Travel, Rehabilitation, United, Commerce, Safety, Federal Bridge Corporation, Strategic planning, MDOT, Road

POINT EDWARD, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- The Federal Bridge Corporation Limited (The FBCL) is announcing the Second Blue Water Bridge (SBWB) rehabilitation project, set to start on May 29, 2024.

Key Points: 
  • POINT EDWARD, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- The Federal Bridge Corporation Limited (The FBCL) is announcing the Second Blue Water Bridge (SBWB) rehabilitation project, set to start on May 29, 2024.
  • The vital rehabilitation work, much of which will occur beneath the bridge, is key to ensuring our high standards of safety and efficiency.
  • Key Highlights of the Rehabilitation Project:
    Bidirectional Traffic: The FBWB will operate bidirectionally, sustaining traffic flow in both directions, while the SBWB undergoes rehabilitation.
  • Facca Incorporated, the contractor for last year’s FBWB rehabilitation project, will also undertake this vital project.

iBio Announces $15.0 Million Private Placement

Retrieved on: 
Tuesday, March 26, 2024
DVM, Exercise, Act, SAN, Research, Sale, Security (finance), United, PIPE, Regulation D

BRYAN, Texas and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), an AI-driven innovator of precision antibody immunotherapies, announces today that it has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds to the Company of approximately $15.0 million, before deducting placement agent fees and offering expenses.

Key Points: 
  • BRYAN, Texas and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), an AI-driven innovator of precision antibody immunotherapies, announces today that it has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds to the Company of approximately $15.0 million, before deducting placement agent fees and offering expenses.
  • The fully subscribed PIPE financing included participation from ADAR1 Capital Management, Lynx1 Capital Management, Ikarian Capital and other institutional and accredited investors.
  • The Company intends to use the net proceeds from the offering for general corporate purposes, including research and development and working capital.
  • The Company also expects the net proceeds will extend its cash runway to fund its operating plan through fiscal year 2025.

Right To Play and global partners successfully call on the United Nations to put play in the spotlight for two billion children worldwide

Retrieved on: 
Tuesday, March 26, 2024
Research, Concerned, Health, The Lego Group, Climate change, Learning, Prejudice, BRAC, Disease, Partnership, United, International, Nike, Violence, United Nations, Trauma, UNICEF, INGKA, Hope, Right To Play, Poverty, International Play Association, NIKE, Happiness, IRC, ADEA, Plan International, Movement, Parent, UN, Toy

Right To Play and global partners have successfully called on the United Nations to adopt an annual International Day of Play to champion and protect children’s right to play.

Key Points: 
  • Right To Play and global partners have successfully called on the United Nations to adopt an annual International Day of Play to champion and protect children’s right to play.
  • The need to support children’s right to play is more urgent now than ever, including for children who are experiencing crisis.
  • Right To Play is a global organisation that protects, educates and empowers millions of children to rise above adversity through the power of play.
  • Programming in 14 countries, Right To Play is the leading global development organisation focused on using the power of play to transform children’s lives.

Right To Play and global partners successfully call on the United Nations to put play in the spotlight for two billion children worldwide

Retrieved on: 
Tuesday, March 26, 2024
Research, Concerned, Health, The Lego Group, Climate change, Love, Learning, Prejudice, BRAC, Disease, Partnership, United, International, Nike, Violence, United Nations, Trauma, UNICEF, INGKA, Hope, Right To Play, Poverty, International Play Association, NIKE, Happiness, IRC, ADEA, Plan International, Movement, Parent, UN, Toy

Right To Play and global partners have successfully called on the United Nations to adopt an annual International Day of Play to champion and protect children’s right to play.

Key Points: 
  • Right To Play and global partners have successfully called on the United Nations to adopt an annual International Day of Play to champion and protect children’s right to play.
  • The need to support children’s right to play is more urgent now than ever, including for children who are experiencing crisis.
  • Right To Play is a global organisation that protects, educates and empowers millions of children to rise above adversity through the power of play.
  • Programming in 14 countries, Right To Play is the leading global development organisation focused on using the power of play to transform children’s lives.

Aqua Metals and 6K Energy Sign Strategic Supply Agreement to Establish North America’s First Sustainable Lithium Battery Supply Chain

Retrieved on: 
Tuesday, March 26, 2024
CAM, EV, Recycling, Partnership, Metal, United, Carbon, Mineral, Nickel, Lithium, Ecosystem, Inflation, Movement, Aqua

RENO, Nev. and JACKSON, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- Aqua Metals (NASDAQ: AQMS) and 6K Energy announced the signing of a strategic supply agreement today, establishing North America's first sustainable circular supply chain for the critical minerals essential for manufacturing lithium-ion batteries.

Key Points: 
  • RENO, Nev. and JACKSON, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- Aqua Metals (NASDAQ: AQMS) and 6K Energy announced the signing of a strategic supply agreement today, establishing North America's first sustainable circular supply chain for the critical minerals essential for manufacturing lithium-ion batteries.
  • Starting in 2024, Aqua Metals will supply 6K Energy with sustainably recycled critical minerals, ramping up to provide 30% of the nickel and lithium carbonate needed for 6K Energy's PlusCAM facility.
  • As the United States expands lithium battery manufacturing capacity to nearly one terawatt-hour by 2030, the alliance between Aqua Metals and 6K Energy aims to establish North America’s only sustainable closed-loop supply chain for critical battery materials.
  • The core of Aqua Metals’ and 6K Energy's position as pioneers of a sustainable supply chain lies in their innovative, electrified processes.

Global Electronic Warfare Market Size Expected to Reach $24.76 Billion by 2029

Retrieved on: 
Tuesday, March 26, 2024
Knowledge, CDR, Lockheed, Artificial intelligence, EVO, L3Harris Technologies, Air force, General Dynamics, PCM, USD, Lockheed Martin, Research, NOC, Pratt & Whitney, Partnership, Risk, PALM, Electronics, Radio, The, KULR, F-35, General Dynamics Land Systems, LMT, News, Acquisition, Missile Defense Agency, NGI, Northrop Grumman, Engineering, ICBM, Critical, Element, Growth, MDA, United, Marketing, Grumman, EMD, Jet fuel

The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.

Key Points: 
  • The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.
  • A report from Mordor Intelligence projected that the Electronic Warfare Market size is estimated at USD 19.30 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
  • Mordor Intelligence concluded: “Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities.
  • According to Straits Research , the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.

IBFD Publishes New Book: Mobility of Individuals and Workforces

Retrieved on: 
Tuesday, March 26, 2024
United, Attention, Automation, OECD, United Nations, Face, Creative industries

AMSTERDAM, March 26, 2024 (GLOBE NEWSWIRE) -- The International Bureau of Fiscal Documentation (IBFD) is pleased to announce the publication of its latest book, “Mobility of Individuals and Workforces”, which addresses a gap in international tax literature on individual mobility.

Key Points: 
  • AMSTERDAM, March 26, 2024 (GLOBE NEWSWIRE) -- The International Bureau of Fiscal Documentation (IBFD) is pleased to announce the publication of its latest book, “Mobility of Individuals and Workforces”, which addresses a gap in international tax literature on individual mobility.
  • However, this book highlights the lack of attention paid to individual income taxation in the face of increasing individual mobility and evolving work patterns.
  • This timely publication explores the various factors driving individual mobility, including:
    Increased wealth mobility: Individuals with significant wealth are increasingly seeking tax-favourable jurisdictions.
  • The publication reflects growing recognition by the United Nations and the OECD of the need to address these issues, making “Mobility of Individuals and Workforces” a crucial resource for policymakers, tax professionals and academics.

Enterprise Receives Deepwater Port License for Spot Project

Retrieved on: 
Tuesday, April 9, 2024
Other Manufacturing, Other Energy, Chemicals, Plastics, Utilities, Oil, Gas, Manufacturing, Energy, Other Natural Resources, Natural Resources, MARAD, Partner, Corps, Employment, Natural gas, Documentation, Project, Transport, United States Coast Guard, Engineer, Security (finance), United, Risk, Accident, EPD, Water, Ship, DWP, SPOT, Department of transportation, NGL, Atlas

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.
  • The license enables Enterprise to move forward to the next step in developing the offshore terminal capable of loading 2 million barrels per day (“BPD”) of crude oil.
  • “I would like to congratulate the entire Enterprise team, which demonstrated outstanding technical skills, dedication and perseverance over the past five years, allowing us to receive this license,” said A.J.
  • The SPOT platform would also serve as a reef, supporting marine life.”
    MARAD and U.S. Coast Guard led the comprehensive, four-year environmental review of this project.