Recon

Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal

Retrieved on: 
Monday, April 29, 2024

BEIJING, April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule").

Key Points: 
  • BEIJING, April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule").
  • The Company had received a period of 180 calendar days and a second period of an additional 180 calendar days to return to compliance with the Minimum Bid Price Rule, which compliance period expired on April 22, 2024.
  • The Company has already appealed the Staff's determination to a Hearings Panel (the "Panel"), and separately the Company expects the recently approved consolidation of its Class A ordinary shares will take effect on May 1, 2024.
  • The Company's hearing request submission will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision.

Recon Technology Announces 1-for-18 Reverse Stock Split

Retrieved on: 
Thursday, April 25, 2024

BEIJING, April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024.

Key Points: 
  • BEIJING, April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024.
  • The objective of the reverse stock split is to enable the Company to regain compliance with the NASDAQ Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.
  • No fractional ordinary shares will be issued to any shareholders in connection with the reverse stock split.
  • Each shareholder will be entitled to receive one Class A ordinary share in lieu of the fractional share that would have resulted from the reverse stock split.

RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, JOINT VENTURE UPDATE AND CONFERENCE EVENT

Retrieved on: 
Thursday, April 18, 2024

VANCOUVER, BC, April 18, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 ("PEL 73"), onshore northeast Namibia, an update with respect to the ongoing joint venture process and a conference event.

Key Points: 
  • VANCOUVER, BC, April 18, 2024 /PRNewswire/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 ("PEL 73"), onshore northeast Namibia, an update with respect to the ongoing joint venture process and a conference event.
  • Heavy equipment and key personnel are now in the field with construction of the well pad and access roads now commencing.
  • ReconAfrica is a sponsor of the 2024 Namibia International Energy Conference taking place in Windhoek, Namibia from April 23 to April 25, 2024.
  • Additionally, Mwanyengwa Ndapewoshali Shapwanale, Director of Communication and Stakeholder Relations with REN, will be a moderator at the conference.

K2 Brings Innovation to Freeski and Freeride with 2024/25 Ski Collection

Retrieved on: 
Wednesday, March 6, 2024

SEATTLE, March 6, 2024 /PRNewswire/ -- K2, the original American Ski and Snowboard Brand, fuels ski progression with the Winter 2024/25 collection of skis and boots.  New to the line is the Omen, a twin-tip freestyle ski, and the Reckoner KF, a new pro model freeride ski for "Crazy Karl" Fostvedt. The BOA® technology expands to the best-selling Built For Comfort (BFC) boot series. Additionally, all newly designed K2 skis are constructed with BioResin Algae, a proprietary plant-based formula that is higher performing and more sustainable than oil-based resins.

Key Points: 
  • SEATTLE, March 6, 2024 /PRNewswire/ -- K2, the original American Ski and Snowboard Brand, fuels ski progression with the Winter 2024/25 collection of skis and boots.
  • New to the line is the Omen, a twin-tip freestyle ski, and the Reckoner KF, a new pro model freeride ski for "Crazy Karl" Fostvedt .
  • The award-winning Mindbender ski range continues to deliver the design-forward freeride performance K2 is often recognized for.
  • The 2024/25 K2 Ski and boot collection will be available online at K2snow.com and at select retailers in the autumn of 2024.

Enovis to Present at the Canaccord Genuity Musculoskeletal Conference on Monday, February 12, 2024

Retrieved on: 
Wednesday, February 7, 2024

Wilmington, DE, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Enovis™ Corporation (NYSE: ENOV), an innovation-driven, medical technology growth company, today announced that Brady Shirley, President and COO, Ben Berry, CFO, and Louis Vogt, Group President Recon will present at the Canaccord Genuity Musculoskeletal Conference.

Key Points: 
  • Wilmington, DE, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Enovis™ Corporation (NYSE: ENOV), an innovation-driven, medical technology growth company, today announced that Brady Shirley, President and COO, Ben Berry, CFO, and Louis Vogt, Group President Recon will present at the Canaccord Genuity Musculoskeletal Conference.
  • The presentation is scheduled to begin at 5:30pm p.m.
  • ET (2:30 p.m. PT) on Monday, February 12, 2024.
  • A link to the live audio webcast, as well as a replay of this event, will be available on the company’s website at Events and Presentations.

HaystackID Advances Mobile Workflows with MEDAL Suite Focused on Assessment, Integration, and Review

Retrieved on: 
Tuesday, January 23, 2024

CHICAGO, Jan. 23, 2024 /PRNewswire/ -- HaystackID, a specialized eDiscovery services firm supporting law firms and corporate legal departments, announced today the launch of an expanded suite of services as part of its Mobile Elite Discovery and Analysis Lab (MEDAL) mobile device initiative. This comprehensive suite, featuring six innovative offerings, including the groundbreaking MEDAL Vanguard™ and MEDAL Relay™ services, is designed to transform mobile data handling workflows in investigation and litigation scenarios, decreasing initial assessments from hours to minutes and time-to-review from days to hours.

Key Points: 
  • Introduced in early 2023 and expanded today with a complete suite of services, HaystackID MEDAL™ empowers investigation and litigation professionals as they seek to manage mobile business data's exponential growth and complexity.
  • By providing swift remote triage, targeted extraction, and streamlined review of mobile content, MEDAL delivers a proven path to greater visibility and insights in even the most complex mobile-centric cases.
  • "Mobile devices generate data at unprecedented velocity, intensifying the complexity of investigations in a Forensics First world.
  • For more information about the HaystackID MEDAL suite of services, visit HaystackID.com .

Enovis Announces Business Segment Leadership Transition Plan

Retrieved on: 
Tuesday, December 5, 2023

Louie Vogt, president and general manager of surgical, has been promoted to Group President Reconstructive (Recon), a newly created role in which he will lead the Company’s global reconstructive business segment.

Key Points: 
  • Louie Vogt, president and general manager of surgical, has been promoted to Group President Reconstructive (Recon), a newly created role in which he will lead the Company’s global reconstructive business segment.
  • Louie has a proven track record driving double-digit growth and market outperformance in our U.S. surgical business through innovation and commercial excellence.
  • Terry has played a vital role in the return of our P&R segment to consistent growth and strong cash flow.
  • Mr. Vogt joined DJO (now Enovis) in 2017, leading the Surgical Global Product Management and US Sales Organizations before becoming President of the Enovis U.S. surgical business.

Turn Your Controller Into a Command Center – Introducing Turtle Beach’s Groundbreaking Designed for Xbox Stealth Ultra Wireless Controller

Retrieved on: 
Thursday, November 30, 2023

Best-selling gaming headset and accessory maker Turtle Beach Corporation (Nasdaq: HEAR), today unveiled its eagerly anticipated first-wireless controller for Xbox and PC, the Designed for Xbox Turtle Beach® Stealth™ Ultra Wireless Smart Game Controller .

Key Points: 
  • Best-selling gaming headset and accessory maker Turtle Beach Corporation (Nasdaq: HEAR), today unveiled its eagerly anticipated first-wireless controller for Xbox and PC, the Designed for Xbox Turtle Beach® Stealth™ Ultra Wireless Smart Game Controller .
  • View the full release here: https://www.businesswire.com/news/home/20231130638017/en/
    Turtle Beach Introduces Stealth Ultra the All-New Groundbreaking Designed For Xbox Wireless Controller (Photo: Business Wire)
    Turtle Beach’s Stealth Ultra Controller also introduces a first-of-its-kind full-color Connected Command Display that lets gamers customize RGB lighting, game & chat audio settings, thumbstick sensitivity, mappable buttons, and more.
  • Plus, patented Turtle Beach technology also lets gamers receive social notifications from their phone in the Connected Command Display dashboard on the controller.
  • Turtle Beach’s Designed for Xbox Stealth Ultra Wireless Smart Controller is available for pre-order today for $199.99 MSRP from www.turtlebeach.com and participating retailers worldwide.

Enovis Announces Third Quarter 2023 Results and Raises Full-Year Outlook

Retrieved on: 
Tuesday, November 7, 2023

Wilmington, DE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- —Enovis™ Corporation (NYSE: ENOV), an innovation-driven medical technology growth company, today announced its financial results for the third quarter ended September 29, 2023. The Company will host an investor conference call and live webcast to discuss these results today at 8:00 am ET.

Key Points: 
  • Wilmington, DE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- —Enovis™ Corporation (NYSE: ENOV), an innovation-driven medical technology growth company, today announced its financial results for the third quarter ended September 29, 2023.
  • The Company will host an investor conference call and live webcast to discuss these results today at 8:00 am ET.
  • Enovis’ third quarter net sales of $418 million grew 9% from the same quarter in 2022, including 6.2% organic sales per day growth.
  • Third quarter results reflect continued stability in P&R, above market growth in Recon, and the impact of recent acquisitions.

Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2023

Retrieved on: 
Friday, October 27, 2023

Mr. Shenping Yin, Founder and CEO of Recon said, "Fiscal year ended 2023 was a year of change, challenge and opportunity for Recon.

Key Points: 
  • Mr. Shenping Yin, Founder and CEO of Recon said, "Fiscal year ended 2023 was a year of change, challenge and opportunity for Recon.
  • Fiscal Year Ended 2023 Financial Results:
    Total revenues for the year ended June 30, 2023 were approximately RMB67.1 million ($9.3 million), a decrease of approximately RMB16.7 million ($2.3 million) or 19.9% from RMB83.8million ($12.5 million) for the same period in 2022.
  • The overall decrease in revenue was mainly due to decrease from all four segments during the year ended June 30, 2023.
  • As of June 30, 2022, we had cash in the amount of approximately RMB317.0 million ($47.3 million).