Banzai Reaches Deal to Acquire Assets of ConnectAndSell, a Profitable Company, More Than Doubling Annual Revenue and Expanding AI Platform Capabilities
Globenewswire· 2026-03-23 13:30
Core Insights - Banzai International, Inc. has announced an agreement to acquire ConnectAndSell, an AI-powered sales enablement platform, which is expected to increase Banzai's annual revenue by approximately $15 million [1][3][4] Company Overview - Banzai is a leading AI marketing technology company that provides solutions for businesses of all sizes, aiming to enhance customer engagement and measurement [5] - ConnectAndSell specializes in improving seller productivity by facilitating live conversations with qualified decision-makers, delivering millions of targeted sales conversations annually [2][8] Strategic Benefits of Acquisition - The acquisition will add sales acceleration capabilities to Banzai's platform, broadening its reach across the go-to-market workflow [7] - It enhances Banzai's revenue generation offerings by supporting customers from audience engagement through to sales execution and conversion [7] - The transaction is expected to create cross-sell opportunities, allowing Banzai to introduce ConnectAndSell's capabilities to its existing customer base while expanding its offerings to ConnectAndSell customers [7] - This move aligns with Banzai's strategy of building a comprehensive software platform through the addition of complementary, business-critical solutions [7]
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Myrto with NYK
Globenewswire· 2026-03-23 13:25
Core Viewpoint - Diana Shipping Inc. has extended the time charter contract for the m/v Myrto with Nippon Yusen Kabushiki Kaisha, increasing the gross charter rate from US$12,000 to US$16,650 per day, which is expected to generate approximately US$8.71 million in gross revenue for the minimum scheduled period of the charter [1][2]. Group 1: Charter Contract Details - The new charter period for the m/v Myrto is set to commence on April 7, 2026, and will last until at least September 20, 2027, with a maximum extension until November 20, 2027 [1]. - The gross charter rate for the m/v Myrto is US$16,650 per day, with a 5.00% commission paid to third parties [1]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various classes such as 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax [3]. - The combined carrying capacity of the fleet, excluding two new vessels yet to be delivered, is approximately 4.1 million dwt, with a weighted average age of 12.33 years [3]. - The company anticipates taking delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].
Linkers Industries Announces Pricing of $16 Million Best Efforts Public Offering
Globenewswire· 2026-03-23 13:24
Core Viewpoint - Linkers Industries Limited has announced a public offering expected to generate approximately $16 million in gross proceeds, which will be utilized for acquisitions and operational purposes [1][4]. Group 1: Offering Details - The offering consists of 23,088,023 units, each unit comprising one Class A ordinary share or a pre-funded warrant, along with Series A and Series B Warrants [2]. - The purchase price for each unit is set at $0.693, while the pre-funded unit price is slightly lower at $0.693 minus $0.00001 [3]. - The Series A Warrants have an initial exercise price of $0.7277 and will expire one year after issuance, while the Series B Warrants have an exercise price of $1.1781 and will also expire one year after issuance [2]. Group 2: Use of Proceeds - A portion of the net proceeds from the offering will be allocated to finance the potential acquisition of additional equity interests in LPW Electronics Co Ltd, where the company currently holds a 20% stake [4]. - The remaining funds will be used for capital expenditures, operational capacity, working capital, general corporate purposes, and potential future business combinations or acquisitions [4]. Group 3: Company Background - Linkers Industries Limited specializes in manufacturing and supplying wire and cable harnesses, with over 20 years of experience in the industry [8]. - The company serves global brand name manufacturers and original equipment manufacturers primarily in the home appliances, industrial products, and automotive sectors, focusing on the Asia Pacific region [8].
Trinity Biotech Announces Successful Clinical Results for Its Enhanced EpiCapture™ Prostate Cancer Test
Globenewswire· 2026-03-23 13:23
Core Insights - Trinity Biotech has announced the successful results of a clinical study for an enhanced version of its EpiCapture™ prostate cancer test, which utilizes machine learning for improved risk prediction of aggressive prostate cancer [1][6]. Group 1: Product Development and Clinical Validation - The next-generation EpiCapture™ test incorporates machine learning tools that consider additional patient features, including ethnicity, alongside DNA biomarkers, leading to more accurate risk prediction scores [2]. - The upgraded test was evaluated in a clinical study involving approximately 750 patient samples, providing a more ethnically diverse cohort than previous studies [5]. - The new version of the EpiCapture™ test achieved a clinical accuracy (Area Under the Curve, AUC) of 85%, indicating strong performance in oncology diagnostics [6]. Group 2: Market Context and Need - Prostate cancer is the most common non-skin cancer among men in the U.S., with about 1 in 8 men diagnosed during their lifetime, and national expenditures for prostate cancer care exceeding $20 billion annually [4]. - The EpiCapture test offers a less invasive and more accessible alternative to traditional diagnostic methods, addressing barriers to early detection such as the high costs and risks associated with MRI scans and needle biopsies [3]. Group 3: Commercialization Strategy - Trinity Biotech plans to commercialize the EpiCapture test as a proprietary Laboratory Developed Test (LDT) through its New York State Department of Health certified diagnostics reference laboratory, facilitating rapid rollout across the U.S. [8]. - This marks Trinity Biotech's first entry into the precision oncology diagnostics market, reflecting the company's strategic evolution towards precision medicine applications [9]. Group 4: Expert Commentary - John Gillard, CEO of Trinity Biotech, emphasized that the enhanced EpiCapture test represents significant progress in prostate cancer risk prediction and the company's innovation agenda [10]. - Dr. Antoinette Perry from University College Dublin highlighted the study's strong performance and the test's unique incorporation of ethnicity as a variable in its predictive algorithm, addressing the variations in prostate cancer incidence and outcomes across different populations [10].
Wrap Technologies, Inc. to Report Fourth Quarter 2025 and Full Year Financial Results on Thursday, March 26, 2026 at 4:15 p.m. ET
Globenewswire· 2026-03-23 13:20
Core Viewpoint - Wrap Technologies, Inc. will hold a conference call on March 26, 2026, to discuss its financial and operational results for the fourth quarter and full year ended December 31, 2025 [1][2]. Company Overview - Wrap Technologies, Inc. is a global leader in non-lethal response and public safety technology, focusing on innovative solutions to address modern public safety challenges [3]. - The company's product portfolio includes the BolaWrap 150 device, WrapReality™ training platform, WrapVision™ body-worn camera system, and various next-generation C-UAS solutions [4]. Product Highlights - The BolaWrap 150 is designed for pre-escalation in law enforcement, providing a non-pain-based compliance method that enhances officer safety and reduces injury risks [4]. - WrapReality™ is a VR training simulator that offers realistic scenarios for first responders, aiming to improve decision-making under pressure [5]. - WrapVision is a body-worn camera system that enhances evidence management and operational security, with a focus on efficiency and regulatory compliance [6][7]. Upcoming Events - Interested parties can submit questions for the conference call by March 25, 2026, and the earnings press release will be available on the company's website prior to the call [2].
Guardian Capital Group Limited Announces Completion of Take-Private Transaction by Desjardins
Globenewswire· 2026-03-23 13:15
Core Viewpoint - The acquisition of Guardian Capital Group Limited by Desjardins Global Asset Management Inc. for C$1.67 billion marks a significant milestone, creating a combined entity managing approximately C$280 billion in assets, enhancing investment solutions and scaling operations for both companies [1][3][5]. Group 1: Transaction Details - The acquisition was executed through a statutory plan of arrangement, with DGAM acquiring all Guardian Shares at C$68.00 per share, valuing Guardian's equity at approximately C$1.67 billion [2][14]. - Following the completion of the transaction, Guardian Shares are expected to be delisted from the Toronto Stock Exchange [9]. Group 2: Strategic Vision - The combined entity aims to build a competitively scaled asset management firm with a focus on sustainable, long-term growth, leveraging complementary expertise and a client-first approach [4][5]. - The merger is expected to provide clients with a broader range of investment solutions and access to diversified investment capabilities [3][4]. Group 3: Leadership Changes - George Mavroudis, previously President and CEO of Guardian, has been appointed as President and CEO of DGAM following the acquisition [6][7]. - The board of directors of Guardian has been restructured, reducing its size and adding new members [12]. Group 4: Company Backgrounds - Guardian Capital Group Limited is a global investment management company with a history of steady growth and a focus on long-term relationships [17]. - Desjardins Group is the largest financial cooperative in Canada, with assets of C$510.2 billion as of December 31, 2025, recognized for its strong governance and high credit ratings [18]. - Desjardins Global Asset Management manages over C$124 billion in assets, specializing in various investment vehicles and integrating cooperative values into its investment process [19][20].
Asure Software Accelerates Partnership with Juiced Fuel
Globenewswire· 2026-03-23 13:15
Core Insights - Asure Software, Inc. is enhancing its partnership with Juiced Fuel, emphasizing the importance of its workforce management solutions in helping businesses navigate regulatory complexities [1][2] Company Overview - Asure Software, Inc. specializes in cloud-based Human Capital Management (HCM) software solutions, offering services such as HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [3] - The company integrates AI technology into its HR compliance services to improve scalability and efficiency while focusing on client interactions [3] Partnership Details - Juiced Fuel's Founder and President, Korey McDavid, highlights the critical role of Asure in providing HR and payroll services, particularly in maintaining compliance with various regulations [2] - The partnership allows Juiced Fuel to concentrate on scaling operations and enhancing customer service, supported by Asure's payroll accuracy and regulatory guidance [2] - Asure's Senior Vice President of Sales, Steven Cohen, states that the partnership reflects the company's commitment to aiding high-growth organizations in building compliant and scalable operations [2]
RedCloud CEO Declares the Decline of Systems of Record as It Validates R.A.I.D. AI Engine Built for Modern Global Trade
Globenewswire· 2026-03-23 13:15
Core Insights - RedCloud Holdings plc has introduced R.A.I.D. (Realtime AI for Distribution), an AI engine that significantly outperforms traditional ERP systems in accuracy across 3.7 million live FMCG transactions, indicating a shift in decision-making processes in volatile global markets [1][10] Industry Context - The global trade environment has fundamentally changed due to escalating tensions in the Middle East, tightening credit conditions, and rapidly shifting demand patterns, making traditional supply chain management systems inadequate [2] - Supply chains are now characterized by non-linear dynamics, requiring immediate decision-making without the luxury of perfect information [2][4] Shift in Technology - Traditional ERP systems are described as outdated, designed primarily for recording past transactions rather than managing real-time, volatile market conditions [3][4] - The transition from "Systems of Record" to "Systems of Action" is necessary, as current enterprise software cannot effectively handle the rapid pace of modern trade [3][4] R.A.I.D. Engine Capabilities - R.A.I.D. operates as a two-tier, learning-to-rank system, achieving accuracy levels above the 80% threshold typically considered commercially impactful for ranking systems [5][16] - Unlike consumer recommendation engines, R.A.I.D. is trained on actual trade data, providing actionable insights based on real orders and volumes [6][7] Operational Impact - The R.A.I.D. engine is designed to enhance decision-making across multiple commercial layers, including demand forecasting, replenishment optimization, and pricing effectiveness [15] - By embedding intelligence directly at the transaction point, R.A.I.D. enables distributors and retailers to optimize inventory flow and increase average order values in near-real-time environments [7][9] Future Developments - The R.A.I.D. engine will be commercialized within the RedAI platform later this year, featuring confidence scoring and fallback mechanisms to ensure performance in lower-data environments [9] - RedCloud's proprietary transaction dataset, accumulated over eight years, serves as the foundation for R.A.I.D.'s performance, making it difficult for competitors to replicate [10]
SINTX Technologies Provides Corporate Business Update Highlighting First Human Implant, Strategic Transformation, and Commercial Execution
Globenewswire· 2026-03-23 13:15
Core Insights - SINTX Technologies is positioned for commercial rollout and revenue growth in 2026 following key clinical, operational, and leadership milestones [1][2] Strategic and Operational Milestones - Successful completion of the first human surgical procedure using the SINAPTIC Foot & Ankle Osteotomy Wedge System, which received FDA clearance in October 2025 [5][6] - Appointment of Ryan Elmore as President effective March 16, 2026, to lead commercialization and strategic growth initiatives [2][8] - Strengthened balance sheet through approximately $10 million in capital raised and divested non-medical assets to improve focus [6] Clinical and Market Opportunities - The SINAPTIC system represents SINTX's entry into the foot and ankle reconstruction market, which is a significant opportunity [7] - SINTX's silicon nitride technology offers differentiated characteristics such as bone affinity and resistance to bacterial adhesion, supporting broader adoption in orthopedic applications [7][11] Manufacturing and Technology Advancements - Transitioning towards AI-assisted 3D additive manufacturing to enhance design flexibility and production capabilities [10] - Ongoing preclinical studies evaluating silicon nitride in sutures, meshes, and wound care materials, with expected data completion in the second half of 2026 [12] Future Growth Strategies - Focus on expanding surgeon adoption of the SINAPTIC Foot & Ankle System and developing U.S. distribution and channel partnerships [15] - Pursuing multiple revenue pathways including direct product commercialization, OEM supply, licensing, and co-development partnerships [15][16]
Change in KH Group’s management team: CFO Tommi Rötkin taking on a new position outside the company
Globenewswire· 2026-03-23 13:15
Group 1 - KH Group's CFO Tommi Rötkin will take a new position outside the company by June 2026, having been with KH Group since 2020 and serving as CFO since June 2024 [1] - The recruitment process for a new CFO has begun, aligning with KH Group's revised strategy [2] - CEO Carl Haglund expressed gratitude for Rötkin's contributions to the company's strategic transformation [2] Group 2 - KH Group operates in two business areas: KH-Koneet, which supplies construction and earth-moving machinery, and Nordic Rescue Group, a manufacturer of rescue vehicles [3] - KH Group is listed on Nasdaq Helsinki [3]