NA Proactive news snapshot: Gevo, Marrone Bio Innovations, CytoDyn, Mirasol Resources, UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Gevo Inc (NASDAQ:GEVO) reported that it ended its first quarter 2021 with a cash and equivalents of $525.3 million, up from $78.3 million during the previous quarter, after the company completed two equity financings at $8 per share in January. Gevo also said the Front-End Engineering Design (FEED) work for its Net-Zero 1 project is on track and is expected to be completed in December 2021.
Marrone Bio Innovations Inc (NASDAQ) reported its 11th consecutive growth quarter with revenues increasing 14% year-over-year to $11 million. The Davis, California-based group attributed the revenue growth to “further market penetration” for its biological crop protection products, particularly driven by its Venerate, Grandevo and Regalia
NA Proactive news snapshot: ESE Entertainment, Byrna Technologies, GlobeX Data, Deep-South Resources UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
ESE Entertainment Inc (CVE:ESE) (OTCQB:ENTEF) announced that it has signed a letter of intent (LOI) to acquire Digital Motorsports, an Irish company that provides infrastructure, technology, and support for the esports industry. The company said Digital Motorsports is one of the leading simulation racing companies worldwide, with demonstrated profitability and double-digit, year-over-year revenue growth. “Our shared vision of becoming the number one global brand for esports in the motorsports industry was paramount in coming together to sign the LOI. We are excited to work closely with Digital Motorsports to build on their existing business, focusing on increasing revenue and profit margins,” ESE Entertainment Kon
Byrna Technologies acquires Mission Less Lethal assets from US manufacturer Kore Outdoors
The company has acquired Kore s non-lethal business and product line, which includes the MLR, Mission 4, TPR and Tactical Compact Rifle launchers Byrna CEO Bryan Ganz said Mission Less Lethal represents a highly strategic tuck-in acquisition for Byrna
Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) revealed that it has acquired the assets of Mission Less Lethal, a leading US manufacturer of .68 caliber, shoulder-fired non-lethal launchers for law enforcement and other security professionals, from Kore (US) Outdoor Inc in an all-cash deal.
The Andover, Massachusetts-based company said it funded the acquisition with “cash on hand.” Terms of the transaction were not disclosed.
Byrna Technologies Acquires Mission Less Lethal Assets
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Gains Access to Extensive IP Portfolio for Less-Lethal Application
ANDOVER, Mass., May 13, 2021 /PRNewswire/ Byrna Technologies Inc. ( Byrna or the Company ) (Nasdaq: BYRN) (CSE: BYRN) today announced that it has acquired the assets of Mission Less Lethal ( Mission ), one of the leading U.S. manufacturers of .68 caliber, shoulder-fired non-lethal launchers for law enforcement and other security professionals (both domestically and internationally), from Kore (US) Outdoor Inc. ( Kore ). Kore is a recognized global leader in the design, development, manufacture and sale of .68 caliber launchers for the paintball industry.