Quarterly revenue of $5.3 million in Q2 2023, compared to $4.5 million in Q2 2022 Net loss of $0.9 million in Q2 2023, compared to a net loss of $12.6 million in Q2 2022 (inclusive of write off of $11.2 million related to the SPAC) Adjusted EBITDA(1) of ($0.4) million in Q2 2023, primarily due… Continue reading VerifyMe Reports Second Quarter 2023 Financial Results
Tag: Strategy
CIVITAS ANNOUNCES SENIOR LOAN CLOSE IN EMBASSY SUITES CHICAGO NAPERVILLE TRANSACTION
DALLAS, Aug. 10, 2023 /PRNewswire/ — Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that it has closed a senior loan on the 168-key Embassy Suites by Hilton Chicago Naperville hotel located in Naperville, Illinois, a western suburb of Chicago. This loan will be used to… Continue reading CIVITAS ANNOUNCES SENIOR LOAN CLOSE IN EMBASSY SUITES CHICAGO NAPERVILLE TRANSACTION
Steve Sizemore Joins Avion Solutions as Director of Business Development
HUNTSVILLE, Ala., Aug. 10, 2023 /PRNewswire/ — Avion Solutions, Inc. is pleased to announce that Steve Sizemore has joined the company as Director of Business Development. After 37 years in Federal service, Steve recently retired as Deputy Director of GSA’s Multiple Award Schedule (MAS) Program Management Office (PMO). During his tenure, he held various roles… Continue reading Steve Sizemore Joins Avion Solutions as Director of Business Development
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Continue Reading Kiepe Electric is a global leader in the electrification of road and… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Serve Robotics Inc. Announces Go-Public Transaction and $30 Million Financing to Support Scaling of Robotic Delivery
New Financing brings total capital raised to $56 million since starting in 2021 Participation from strategic investors, including Uber Technologies, Inc. (“Uber”) and NVIDIA, will support deployment of up to 2,000 new AI-powered sidewalk delivery robots SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ — Serve Robotics, Inc. (“the Company” or “Serve”), the leading autonomous sidewalk delivery company,… Continue reading Serve Robotics Inc. Announces Go-Public Transaction and $30 Million Financing to Support Scaling of Robotic Delivery
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
Europa Wire: Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge000713
Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge (IN BRIEF) Team Sonnenwagen, a group of students from RWTH Aachen University and Aachen University of Applied Sciences, has developed a highly efficient solar car named “Adelie” to participate in the Bridgestone World Solar Challenge, a challenging solar race across… Continue reading Europa Wire: Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge000713
Japan’s struggling Rakuten to merge credit card and mobile payments divisions
Japan’s Rakuten Group will fold its payments and points businesses into its credit card unit, it said on Thursday, a move that could set the struggling e-commerce company up to eventually list the card business. Despite strong revenue from its core e-commerce offerings, Rakuten has lost money for 12 straight quarters, hit by the costly… Continue reading Japan’s struggling Rakuten to merge credit card and mobile payments divisions
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation