SYDNEY, AUSTRALIA: RPM Automotive Group has executed an agreement with Collins St Value Fund (CSVF) for an equity placement of $2.5 million at 30 cents per share, a slight premium to the current share price. Additionally, CSVF has agreed to provide a $5.5 million CN (subject to shareholder approval for the conversion of the CN…
Key Plant to sell K-TIG products in UK
SYDNEY, AUSTRALIA: K-TIG Limited has signed a five-year, non-exclusive, distribution agreement with leading United Kingdom welding automation manufacturer and integrator Key Plant Automation to sell K-TIG products in the UK. K-TIG is a technology company deploying a fully commercialised industry-disruptive high-speed welding technology. Key Plant Automation provides automated welding and robotic solutions across more than…
tinyBuild announces $10.2mn acquihire of Animal (Rawmen)
LONDON, UK: tinyBuild, a leading video games publisher and developer with global operations, announced the acquihire of development studio, Animal. The Company has been working with Animal for two years, developing Rawmen, a light-hearted, multiplayer arena shooter where players use food as a weapon to neutralise opponents. In Rawmen, up to eight players battle alongside…
Tesserent Limited buys Loop Secure for $13.4 million
SYDNEY, AUSTRALIA: Tesserent Limited announced the strategic acquisition of Loop Secure with the signing of a Share Purchase Agreement executed between both parties on the 18 August 2021. The consideration for the acquisition of Loop Secure will be a mix of cash and TNT shares, being $9M in cash, and 15.9M shares at a 14-day…
Lars H. Barstad appointed CEO of Frontline Management
HAMILTON, BERMUDA: The Board of Frontline Ltd. announced the appointment of Mr. Lars H. Barstad as the Chief Executive Officer (CEO) of Frontline Management AS with effect from 1st September 2021. Mr. Barstad currently serves as the Interim Chief Executive Officer of Frontline Management AS. Prior to that he held the role as Frontline’s Commercial…
Per Ivar Berg appointed MD at Norske Skog Saugbrugs
OSLO, NORWAY: Per Ivar Berg (58) has been appointed new Managing Director at Norske Skog Saugbrugs AS from February 1, 2022. He has extensive experience from a number of positions in the pulp and paper industry, in addition to food industry. Until recently, he was the Executive Vice President at TINE with responsibility for production,…
Dispersion makes capital investment in Blimp Homes
LONDON, UK: Dispersion Holdings has made an investment of $200,000 into Blimp Technologies Inc., trading as Blimp Homes, a first-of-its-kind, decentralised real estate collaboration and search platform. The investment, which is in the form of a Simple Agreement for Future Equity (SAFE), is part of a US$1m fund-raising round being conducted by Blimp Homes. Blimp’s…
Boku launches M1ST Mobile First Payments Network
LONDON, UK: Boku Inc, a leading global provider of mobile payment and identity solutions, announced the launch of the Company’s M1ST (aka Mobile First) Payments Network. The M1ST Payments Network features 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries – all…
John Menzies agrees to buy 51% of Interexpresso
LONDON, UK: John Menzies plc, the global aviation services business, announced further expansion in Central America with the acquisition of Interexpresso. Menzies has agreed to acquire 51% of Interexpresso Costa Rica Corporación ILC S.A., which will see Menzies’ footprint expand in Central America, an exciting growth market. Interexpresso is an aviation service provider operating in…
Liquid Avatar to launch vaccine credentials for health passports
TORONTO, CANADA: Liquid Avatar Technologies announced the introduction of biometrically and conventionally secured identity in combination with government issued records. Using verifiable vaccine credentials for health passports, initially in Canada and the United States of America, the Liquid Avatar Verifiable Credential Ecosystem (LAVCE) platform will enable individuals to provide issued proof of COVID-19 vaccination status…
Lori Sigler named 2021 BBJ Woman to watch
HELENA: Mspark, a national advertising company, announced Lori Sigler, Chief Operating Officer and Chief Financial Officer, has been named a 2021 Birmingham Business Journal (BBJ) Woman to Watch. These awards recognize a prestigious group of businesswomen who are on the verge of big things in Birmingham, whether building a business, a major nonprofit, a philanthropic…
WiseKey plans to launch own digital marketplace
GENEVA: WISeKey International Holding plans to commercially launch its NFT platform for the collectible and luxury market under the brand name WISe.Art, a fully fledged digital marketplace, on September 1, 2021. The commercial launch of the WISe.Art platform follows a series of market test auctions (starting April 2021) of high-value NFTs, designed to test the…