Combination

UL Solutions Warns of Unauthorized UL Marks on Combination CO & Smoke Alarms

Retrieved on: 
Friday, March 29, 2024

NORTHBROOK, Ill., March 29, 2024 /PRNewswire/ -- The following is a notification from UL Solutions that the Combination CO & Smoke Alarms identified below bear unauthorized UL Certification Marks for the United States and Canada.

Key Points: 
  • NORTHBROOK, Ill., March 29, 2024 /PRNewswire/ -- The following is a notification from UL Solutions that the Combination CO & Smoke Alarms identified below bear unauthorized UL Certification Marks for the United States and Canada.
  • The Combination CO & Smoke Alarms have not been evaluated by UL Solutions to the appropriate Safety Standards, and it is unknown if the Combination CO & Smoke Alarms comply with any safety requirements.
  • Remedy: UL Solutions recommends that these products be removed from service and be replaced by a UL Certified Carbon Monoxide CO & Smoke Alarm.
  • Identification on the Product: The Combination CO & Smoke Alarms bear unauthorized UL Certification Marks for the United States and Canada and the following:
    Location: Known to be distributed and sold by Shenzhen Cordier Electronics Ltd and Dongguan Gongxian Electronics Co. Ltd. and have been sold through e-commerce retailers, including Walmart.com.

Edoc Acquisition Corp. Announces Postponement of Special Meeting of Shareholders on Proposed Business Combination

Retrieved on: 
Tuesday, February 27, 2024

Victor, NY, Feb. 27, 2024 (GLOBE NEWSWIRE) -- EDOC Acquisition Corp. (Nasdaq: ADOC) (“EDOC”) announced today that it has postponed its extraordinary general meeting of its shareholders (the “Meeting”) to approve its proposed initial business combination, which was re-scheduled from February 26, 2024 to February 28, 2024, has been further postponed to 4:30p.m.

Key Points: 
  • Victor, NY, Feb. 27, 2024 (GLOBE NEWSWIRE) -- EDOC Acquisition Corp. (Nasdaq: ADOC) (“EDOC”) announced today that it has postponed its extraordinary general meeting of its shareholders (the “Meeting”) to approve its proposed initial business combination, which was re-scheduled from February 26, 2024 to February 28, 2024, has been further postponed to 4:30p.m.
  • There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
  • The reason for the postponement is that AOI is engaged in additional negotiations regarding potential financing to occur in connection with the closing of the Proposed Business Combination.
  • The record date for holders of EDOC’s shareholders for voting in the Meeting remains February 2, 2024 (the “Record Date”).

Edoc Acquisition Corp. Announces Postponement of Special Meeting of Stockholders on Proposed Business Combination

Retrieved on: 
Friday, February 23, 2024

Victor, NY, Feb. 23, 2024 (GLOBE NEWSWIRE) --  EDOC Acquisition Corp. (Nasdaq: ADOC) (“EDOC”) announced today that it has postponed its extraordinary general meeting of its shareholders (the “Meeting”) to approve its proposed initial business combination, which was scheduled for February 26, 2024, has been postponed to 10:00 a.m. Eastern Time, on Wednesday, February 28, 2024.

Key Points: 
  • Victor, NY, Feb. 23, 2024 (GLOBE NEWSWIRE) --  EDOC Acquisition Corp. (Nasdaq: ADOC) (“EDOC”) announced today that it has postponed its extraordinary general meeting of its shareholders (the “Meeting”) to approve its proposed initial business combination, which was scheduled for February 26, 2024, has been postponed to 10:00 a.m. Eastern Time, on Wednesday, February 28, 2024.
  • There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
  • The reason for the postponement is that AOI is engaged in additional negotiations regarding potential financing to occur in connection with the closing of the Proposed Business Combination.
  • The record date for holders of EDOC’s shareholders for voting in the Meeting remains February 2, 2024 (the “Record Date”).

SANUWAVE Health Reports Stockholder Approval of SEPA Merger at Special Meeting of Stockholders

Retrieved on: 
Thursday, February 22, 2024

EDEN PRAIRIE, MN, Feb. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – SANUWAVE Health, Inc. (the "Company" or "SANUWAVE”) (OTCQB: SNWV), a leading provider of next-generation FDA-approved wound care products, today announced the result of its special meeting (the “Special Meeting”) to approve its business combination with SEP Acquisition Corp.  The results, as reported in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on February 21, 2024 (Link), were as follows:

Key Points: 
  • At a special meeting of stockholders on February 21, 2024, SANUWAVE stockholders approved the business combination with SEP Acquisition Corp. by a vote of 798,379,869 “for” and 5,221,765 “against” with 71,525 abstaining
    EDEN PRAIRIE, MN, Feb. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – SANUWAVE Health, Inc. (the "Company" or "SANUWAVE”) (OTCQB: SNWV), a leading provider of next-generation FDA-approved wound care products, today announced the result of its special meeting (the “Special Meeting”) to approve its business combination with SEP Acquisition Corp.
  • Both proposals were approved, each receiving the affirmative requisite vote of the holders of shares of the Company’s common stock.
  • Although Proposal 2 was approved, the adjournment of the Special Meeting to solicit additional proxies was not necessary because there were sufficient votes at the time of the Special Meeting to adopt Proposal 1.
  • Each proposal is described in detail in the Company’s definitive proxy statement filed with the SEC on January 22, 2024.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to March 13, 2024

Retrieved on: 
Wednesday, February 21, 2024

Dallas, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on February 12, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to March 13, 2024 (the “Monthly Extension”).

Key Points: 
  • Dallas, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on February 12, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to March 13, 2024 (the “Monthly Extension”).
  • The Monthly Extension is the second of the twelve monthly extensions permitted under the Company’s Amended and Restated Certificate of Incorporation, as amended to date.
  • On January 18, 2023, the Company entered into a definitive Agreement and Plan of Merger and Business Combination Agreement, as amended (the “Business Combination Agreement”), with Openmarkets Group Pty Ltd, an Australian proprietary limited company (“OMG”), BMYG OMG Pty Ltd, an Australian proprietary limited company, and Broad Capital LLC, a Delaware limited liability company, solely in its capacity as the Company’s sponsor, pursuant to which the Company will enact its initial business combination.

Acri Capital Acquisition Corporation Announces Definitive Business Combination Agreement with Foxx Development Inc.

Retrieved on: 
Tuesday, February 20, 2024

Austin, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (NASDAQ: ACAC) (“Acri” or “ACAC”), a Delaware incorporated special purpose acquisition company listed on the Nasdaq Global Market, and Foxx Development Inc. (“Foxx”), a Texas based consumer electronics and integrated Internet-of-Things (IoT) solution company, today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”) pursuant to which a newly established subsidiary of Acri will become a publicly listed company combining Acri and Foxx (the “Combined Company”) upon the closing of the transaction contemplated therein (the “Proposed Transaction”).

Key Points: 
  • Austin, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (NASDAQ: ACAC) (“Acri” or “ACAC”), a Delaware incorporated special purpose acquisition company listed on the Nasdaq Global Market, and Foxx Development Inc. (“Foxx”), a Texas based consumer electronics and integrated Internet-of-Things (IoT) solution company, today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”) pursuant to which a newly established subsidiary of Acri will become a publicly listed company combining Acri and Foxx (the “Combined Company”) upon the closing of the transaction contemplated therein (the “Proposed Transaction”).
  • Foxx, established in 2017 as a Texas incorporated company, is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients.
  • In this context, Foxx is an ideal fit, aligning with our criteria.” said “Joy” Yi Hua, CEO and Chairwoman of Acri.
  • EF Hutton LLC is serving as capital markets advisor to Acri, and Robinson & Cole LLP is serving as legal counsel to Acri.

Development of Combination Products: Critical Interactions Training Course (ONLINE EVENT) - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 8, 2024

The "Development of Combination Products: Critical Interactions Training Course" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Development of Combination Products: Critical Interactions Training Course" conference has been added to ResearchAndMarkets.com's offering.
  • The programme will cover the regulatory strategy to adopt and the relevant aspects of GMP and quality processes, including the data expectations for the CTD.
  • Drug/device and device/drug combination products are becoming increasingly important in the medical industry.
  • The development and manufacture of these products raises a number of complex issues and the quality and regulatory aspects are challenging.

Altitude Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination

Retrieved on: 
Wednesday, February 7, 2024

ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”) has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from February 11, 2024 to March 11, 2024.

Key Points: 
  • ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU, ALTUW) (“Altitude”), announced today that its board of directors (the “Board”) has extended the date by which Altitude must consummate an initial business combination (the “Deadline Date”) for an additional month, from February 11, 2024 to March 11, 2024.
  • Altitude’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), gives the Board the right to extend the Deadline Date, without further stockholder vote, up to three times for an additional one month each time (each, an “Extension”), from December 11, 2023 to up to March 11, 2024.
  • As previously announced, on April 23, 2023, Altitude entered into a business combination agreement (the “Business Combination Agreement”) with Picard Medical, Inc. (“Picard”) and the other parties thereto, which provides for a business combination between Altitude and Picard.
  • The purpose of this monthly Extension is to provide Altitude with additional time to consummate the proposed business combination with Picard.

LEATT WINS 2024 DESIGN & INNOVATION AWARDS FOR JERSEY MTB ALL MOUNTAIN 5.0 and PANTS MTB ALL MOUNTAIN 4.0

Retrieved on: 
Wednesday, February 7, 2024

CAPE TOWN, South Africa, Feb. 7, 2024 /PRNewswire/ -- Leatt Corporation, (OTCQB: LEATT), a leading developer and marketer of head-to-toe protective equipment for Moto, MTB, and a wide range of extreme and high-velocity sports, today announced that it has won the Design & Innovation Award 2024 in the off-road category, for its Jersey MTB All Mountain 5.0 and Pants MTB All Mountain 4.0.

Key Points: 
  • The Design & Innovation Award (DI.A) is considered the benchmark achievement for the bike industry's highest-performing products.
  • "This award is another validation of our engineering and design expertise," said Leatt CEO Sean Macdonald.
  • "We have built an international brand based on the quality and cutting-edge design of our head-to-toe line of innovative products.
  • The Jersey MTB AllMtn 5.0 and Pants MTB AllMtn 4.0, along with all other Leatt products, are featured at www.leatt.com .

Berry Announces First Quarter 2024 Results

Retrieved on: 
Wednesday, February 7, 2024

As previously announced, Berry’s Board of Directors declared a quarterly cash dividend of $0.275 per share payable on March 15, 2024 to stockholders of record as of March 1, 2024.

Key Points: 
  • As previously announced, Berry’s Board of Directors declared a quarterly cash dividend of $0.275 per share payable on March 15, 2024 to stockholders of record as of March 1, 2024.
  • During the first quarter of fiscal 2024, Berry repurchased 106,000 shares for $7 million, leaving $435 million authorized for share repurchases at the end of the first fiscal quarter.
  • Upon the completion of the transaction, Berry is expected to own approximately ninety percent of the newly combined company.
  • (based on information available as of February 7, 2024)
    Cash flow from operations range of $1.35 - $1.45 billion; free cash flow range of $800-$900 million
    The Company will host a conference call today, February 7, 2024, at 10 a.m. U.S. Eastern Time to discuss our first fiscal quarter 2024 results.