Completion

Runway Growth Finance Corp. Provides First Quarter 2024 Portfolio Update

Retrieved on: 
星期二, 四月 9, 2024

MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.

Key Points: 
  • MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.
  • The team is in a strong position to drive performance with ample capital to execute against our long-term growth strategy and deliver shareholder value.”
    In the first quarter of 2024, Runway Growth funded two investments: one investment in a new portfolio company and one investment in an existing portfolio company.
  • During the first quarter ended March 31, 2024, Runway Growth experienced two prepayments totaling $34.5 million and scheduled principal amortization of $0.4 million.
  • As of March 31, 2024, the Runway Growth portfolio included 47 debt investments to 30 portfolio companies and 80 equity investments in 49 portfolio companies, including 26 portfolio companies where Runway Growth holds both a debt and equity investment.

TOMI Environmental Solutions, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

Retrieved on: 
星期一, 四月 1, 2024

FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.

Key Points: 
  • FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.
  • Financial Results for the year ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $7,355,000 compared to $8,338,000.
  • Financial Results for the three months ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $1,528,000 compared to $2,812,000.
  • TOMI will hold a conference call to discuss Fourth Quarter and year end 2023 results at 4:30 p.m.

Power Leaves Corp. Enters Into LOI for RTO; Targets Public Listing in H1 2024

Retrieved on: 
星期三, 三月 27, 2024

TORONTO, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Power Leaves Corp. (“PLC”), a manufacturer and international distributor of decocainized coca leaf derivatives, is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") with Rockshield Acquisition Corp. ("Rockshield"). The LOI outlines key terms under which Rockshield will acquire all of the issued and outstanding securities of PLC through a reverse takeover transaction (the “Proposed Transaction”).

Key Points: 
  • The LOI outlines key terms under which Rockshield will acquire all of the issued and outstanding securities of PLC through a reverse takeover transaction (the “Proposed Transaction”).
  • In connection with the Proposed Transaction, the Resulting Issuer will apply to list its common shares on Cboe Canada (the “Exchange”) by way of a direct listing.
  • The Proposed Transaction is subject to the parties successfully entering into a definitive agreement (the “Definitive Agreement”) in respect of the Proposed Transaction.
  • The Closing is expected to occur before the end of June 2024.

VEON Announces Sale of Stake in Beeline Kyrgyzstan, increasing the focus on its large markets

Retrieved on: 
星期二, 三月 26, 2024

Amsterdam, 26 March 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that it has signed an agreement for the sale of its 50.1% indirect stake in Beeline Kyrgyzstan to CG Cell Technologies, which is wholly owned by CG Corp Global.

Key Points: 
  • Amsterdam, 26 March 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that it has signed an agreement for the sale of its 50.1% indirect stake in Beeline Kyrgyzstan to CG Cell Technologies, which is wholly owned by CG Corp Global.
  • The sale is a part of VEON’s strategy to simplify the Group’s structure and focus on its large markets where it can create scale with its DO1440 digital operator model, providing digital services in finance, entertainment, healthcare and education.
  • The transaction values Beeline Kyrgyzstan’s business at 3.4x 2023 EBITDA (pre-IFRS16).
  • CG Corp Global issued the following statement on the agreement: “We are very pleased to become a major investor in the Kyrgyzstan telecommunications market with the purchase of the majority stake in Beeline Kyrgyzstan.

GammaTile® Marks Milestone: 100th Patient Enrolled in Groundbreaking ROADS Phase 3 Clinical Trial for Newly Diagnosed Metastatic Brain Tumors

Retrieved on: 
星期二, 四月 9, 2024

TEMPE, Ariz., April 9, 2024 /PRNewswire/ -- GT Medical Technologies, Inc. (GT MedTech), a medical device company with the mission of improving the lives of patients with brain tumors, today announced it has enrolled the 100th patient in its ROADS clinical study. ROADS, or Radiation One and Done Study, is the randomized control trial (RCT) designed to compare FDA-cleared GammaTile with stereotactic radiotherapy (SRT).

Key Points: 
  • ROADS, or Radiation One and Done Study, is the randomized control trial (RCT) designed to compare FDA-cleared GammaTile with stereotactic radiotherapy (SRT).
  • Patients enrolled in the ROADS clinical trial are randomized into two treatment groups following craniotomy with brain metastasis tumor removal: GammaTile implant at the time of surgery versus post-operative SRT.
  • Enrollment in the Phase 3 trial has now surpassed half of the 180 planned patients.
  • Our dedication to the ROADS trial is fueled by our mission to furnish the highest caliber of clinical evidence through randomized trial research.

Robex Corporate Strategy Update

Retrieved on: 
星期一, 三月 18, 2024

QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.

Key Points: 
  • QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.
  • Following the updated resource estimate at Mansounia published on December 22nd 2023, the Management and the Board of Directors have decided to revise and update the development schedule.
  • The Board of Directors and the Management of Robex remain committed to finding the best possible outcome for this asset going forward.
  • Unaudited cash position as of February 29th, 2024, is CAD 12.7 million and Robex has liquidity to meet all the cash and short-term ratios.

LG Energy Solution's $5.5 Billion Stand-Alone Battery Manufacturing Complex Project in Arizona Well Underway

Retrieved on: 
星期三, 四月 3, 2024

The attendees included Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution; Hyung Kim, Head of ESS Battery Division at LG Energy Solution; Richard Ra, President of LG Energy Solution Arizona; Gov.

Key Points: 
  • The attendees included Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution; Hyung Kim, Head of ESS Battery Division at LG Energy Solution; Richard Ra, President of LG Energy Solution Arizona; Gov.
  • The complex consists of two manufacturing facilities which are the company's first stand-alone cylindrical and ESS battery plants in North America.
  • The cylindrical battery plant, called LG Energy Solution Arizona, will produce 46-Series batteries for electric vehicles (EV).
  • The ESS battery manufacturing facility, called LG Energy Solution Arizona ESS, will produce lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS).

Shell and Verdagy to Collaborate on Renewable Hydrogen Projects

Retrieved on: 
星期四, 三月 28, 2024

MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.

Key Points: 
  • Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
    MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
  • This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
  • "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
  • Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.

Shell and Verdagy to Collaborate on Renewable Hydrogen Projects

Retrieved on: 
星期四, 三月 28, 2024

MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.

Key Points: 
  • Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
    MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
  • This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
  • "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
  • Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.

Kingswood Acquisition Corp. and Wentworth Management Services LLC Announce Completion of Merger and Launch of Binah Capital Group

Retrieved on: 
星期二, 三月 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- Kingswood Acquisition Corp. (OTCE: KWAC) ("KWAC"), announced today the successful completion of its merger with Wentworth Management Services LLC ("Wentworth").  Wentworth has merged with KWAC to create Binah Capital Group ("Binah Capital"), a leading independent wealth management enterprise that will become a publicly traded company. The newly launched entity will be listed on the NASDAQ Global Market, trading under the ticker NASDAQ: BCG and the warrants are expected to begin trading under the new ticker symbol "BCGWW" on the Nasdaq Capital Market.

Key Points: 
  • With Completion of Transaction, Wentworth Management Services Merges with Kingswood Acquisition Corp. to Create Binah Capital Group
    NEW YORK, March 19, 2024 /PRNewswire/ -- Kingswood Acquisition Corp. (OTCE: KWAC) ("KWAC"), announced today the successful completion of its merger with Wentworth Management Services LLC ("Wentworth").
  • Wentworth has merged with KWAC to create Binah Capital Group ("Binah Capital"), a leading independent wealth management enterprise that will become a publicly traded company.
  • The transaction's completion enables Wentworth, a broker-dealer aggregator, to go public, with KWAC and Wentworth becoming wholly owned subsidiaries of Binah Capital Group, Inc.
  • Oppenheimer & Co. Inc. served as exclusive financial advisor to Kingswood Acquisition Corp., with SPAC Advisory Partners LLC and Odeon Capital Group LLC serving as capital markets advisors.