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EQS-News: 3U HOLDING AG brings the financial year 2023 to a successful close

Retrieved on: 
Wednesday, March 13, 2024

On a provisional basis, 3U HOLDING AG raised revenue by 4.0% to EUR 52.4 million in the financial year 2023 (previous year: EUR 50.3 million).

Key Points: 
  • On a provisional basis, 3U HOLDING AG raised revenue by 4.0% to EUR 52.4 million in the financial year 2023 (previous year: EUR 50.3 million).
  • The ITC segment lifted its revenue by more than 26% to EUR 15.3 million in 2023 (previous year: EUR 12.1 million).
  • In addition, 3U will be promoting inorganic growth through successful company acquisitions to secure its plans to boost earnings in the coming years.
  • A webcast on 3U HOLDING AG’s 2023 annual financial statements together with CFO Christoph Hellrung and Uwe Knoke, Board member responsible for Strategy and Business Development, will be held on 28 March 2024 at 10:00 CET.

Universal Security Instruments Reports Third-Quarter Results

Retrieved on: 
Tuesday, February 20, 2024

OWINGS MILLS, Md., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2023.

Key Points: 
  • OWINGS MILLS, Md., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal third quarter and nine months ended December 31, 2023.
  • For the nine months ended December 31, 2023, sales decreased 7.3% to $15,071,204 versus $16,251,106 for the same period last year.
  • UNIVERSAL SECURITY INSTRUMENTS, INC. is a U.S.-based manufacturer and distributor of safety and security devices.
  • For more information on Universal Security Instruments, visit our website at www.universalsecurity.com .

Universal Security Instruments Reports Second-Quarter Results

Retrieved on: 
Monday, November 20, 2023

OWINGS MILLS, Md., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal second quarter and six months ended September 30, 2023.

Key Points: 
  • OWINGS MILLS, Md., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal second quarter and six months ended September 30, 2023.
  • For the six months ended September 30, 2023, sales decreased 0.7% to $10,416,226 versus $10,492,445 for the same period last year.
  • UNIVERSAL SECURITY INSTRUMENTS, INC. is a U.S.-based manufacturer and distributor of safety and security devices.
  • For more information on Universal Security Instruments, visit our website at www.universalsecurity.com .

Universal Security Instruments Reports Second-Quarter Results

Retrieved on: 
Monday, November 21, 2022

OWINGS MILLS,Md., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal second quarter and six months ended September 30, 2022.

Key Points: 
  • OWINGS MILLS,Md., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal second quarter and six months ended September 30, 2022.
  • For the six months ended September 30, 2022, sales increased 5.6% to $10,492,445 versus $9,940,221 for the same period last year.
  • UNIVERSAL SECURITY INSTRUMENTS, INC. is a U.S.-based manufacturer and distributor of safety and security devices.
  • For more information on Universal Security Instruments, visit our website at www.universalsecurity.com .

Universal Security Instruments Announces its Fourth-Quarter and Year-End Results

Retrieved on: 
Thursday, July 14, 2022

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Key Points: 
  • OWINGS MILLS,Md., July 14, 2022 /PRNewswire/ -- Universal Security Instruments, Inc. (NYSE Amex: UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2022.
  • The results for the 12 months ended March 31, 2021 included forgiveness of the Company's Payroll Protection Plan loan in the amount of $221,400.
  • UNIVERSAL SECURITY INSTRUMENTS, INC. is distributor of safety and security devices.
  • For more information on Universal Security Instruments, visit our website at www.universalsecurity.com .

Infinite Reality, Inc. and ReKTGlobal Announce Close of Half Billion Dollar Acquisition Deal

Retrieved on: 
Tuesday, July 5, 2022

All of us at Infinite Reality are thrilled to have concluded the acquisition of ReKTGlobal.

Key Points: 
  • All of us at Infinite Reality are thrilled to have concluded the acquisition of ReKTGlobal.
  • ReKT's multi-faceted approach maximizes marketing potential via both classic marketing and influencer marketing to build solid foundations for brand, creator, and fan relationships.
  • Together, the companies will continue to propel Infinite Reality forward and further cement its position at the forefront of Web3, creator empowerment, and Metaverse opportunities.
  • "All of us at Infinite Reality are thrilled to have concluded the acquisition of ReKTGlobal," says Infinite Reality CEO John Acunto.

Infinite Reality, the Metaverse Innovation and Entertainment Company, and Universal Security Instruments File Registration Statement on Form S-4 with the Securities and Exchange Commission Relating to the Previously Announced Merger Agreement

Retrieved on: 
Wednesday, May 18, 2022

,the Metaverse innovation and entertainment company, and Universal Security Instruments (NYSE: UUU), announce the filing of a Registration Statement on Form S-4 (the "Registration Statement") with the Securities and Exchange Commission on May 16, 2022 which contains a preliminary proxy statement and prospectus, relating to the companies' previously announced proposed merger.

Key Points: 
  • ,the Metaverse innovation and entertainment company, and Universal Security Instruments (NYSE: UUU), announce the filing of a Registration Statement on Form S-4 (the "Registration Statement") with the Securities and Exchange Commission on May 16, 2022 which contains a preliminary proxy statement and prospectus, relating to the companies' previously announced proposed merger.
  • Under the merger agreement, shareholders of Infinite Reality will become the majority owners of USI's outstanding common stock.
  • The completion of the transaction is subject to approval by both Infinite Reality and USI shareholders, as well as SEC clearance and stock exchange approval.
  • Our Metaverse Empowerment Group advises, manages, designs, and oversees these custom features leveraging our expert internal and creator community resources.

Metaverse Pioneer Infinite Reality, Inc. to Acquire Entertainment Conglomerate ReKTGlobal In Landmark Half Billion Dollar Transaction

Retrieved on: 
Tuesday, April 12, 2022

Completion ofthe transaction is subject to customary closing conditions, including ReKTGlobal shareholder approval, as well as regulatory and other approvals.

Key Points: 
  • Completion ofthe transaction is subject to customary closing conditions, including ReKTGlobal shareholder approval, as well as regulatory and other approvals.
  • "This acquisition is another step in our journey towards becoming the leading Metaverse Entertainment company in the world," said Infinite Reality CEO John Acunto.
  • "The synergies across our combined business units from content creation to Web3 entertainment to APIs and more are awe inspiring.
  • We look forward to working with ReKTGlobal's senior leadership to integrate our valuable combined assets and accelerate Infinite Reality's growth."

REMINDER: Infinite Reality Video Conference Call From The Metaverse TODAY At 4:15 PM ET

Retrieved on: 
Thursday, March 10, 2022

LOS ANGELES, March 10, 2022 /PRNewswire/ -- Infinite Reality, Inc. ("Infinite Reality"), the new Metaverse innovation and entertainment company born out of the powerful combination of social ecommerce platform app Display Social, leading entertainment production facility Thunder Studios, and groundbreaking Metaverse technology and innovation company Infinite Reality, will hold a video conference call broadcast from the Metaverse TODAY, Thursday, March 10, 2022 at 4:15 PM Eastern time.

Key Points: 
  • LOS ANGELES, March 10, 2022 /PRNewswire/ -- Infinite Reality, Inc. ("Infinite Reality"), the new Metaverse innovation and entertainment company born out of the powerful combination of social ecommerce platform app Display Social, leading entertainment production facility Thunder Studios, and groundbreaking Metaverse technology and innovation company Infinite Reality, will hold a video conference call broadcast from the Metaverse TODAY, Thursday, March 10, 2022 at 4:15 PM Eastern time.
  • CEO John Acunto hosts the call to announce the planned merger with Universal Security Instruments (NYSE: UUU)
    John Acunto, Infinite Reality CEO, will host the call to announce Infinite Reality, Inc's.
  • Please log in or call the conference telephone number 5-10 minutes prior to the start time.
  • Infinite Reality is committed to helping brands and creators build their own online community platforms with integrated social, Metaverse, streaming, and a unique suite of tools to maximize engagement, entertainment, and commerce.

Infinite Reality Secures Standby Equity Purchase Agreement with Yorkville Advisors Global, LP

Retrieved on: 
Tuesday, March 8, 2022

This is another major step in Infinite Reality's mission of establishing economic fairness for all creators.

Key Points: 
  • This is another major step in Infinite Reality's mission of establishing economic fairness for all creators.
  • "This is another major step in Infinite Reality'smission of establishing economic fairness for all creators," said John Acunto, co-founder and Chief Executive Officer of Infinite Reality.
  • "John Acunto and the team at Infinite Reality recognize that creators of content are not being properly rewarded - and seek to change this," said Joseph Simone, VP of Investments at Yorkville Advisors.
  • "As Yorkville Advisors prides itself in providing small and medium-sized businesses access to capital to pursue their business goals," continued Acunto, "this a major accomplishment for Infinite Reality."