Package Includes Jones Classic Beverages Plus New Pop Jones, Fiesta Jones and Jones' First Cola SEATTLE, Oct. 23, 2024 /PRNewswire/ -- With the countdown to Christmas fast approaching, Jones Soda (CSE: JSDA, OTCQB: JSDA) is releasing a 2024 Advent Calendar offering only-from-Jones goodies – including a selection of brand new beverages that extend the company's legendary flavor expertise into categories beyond its craft soda legacy. Credit: Jones SodaCredit: Jones Soda Every day for 24 days, this year's Jone ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share ADN The Nasdaq Capital Market Warrants ADNWW The Nasdaq Capital Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share ADN The Nasdaq Capital Market Warrants ADNWW The Nasdaq Capital Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

Operational Highlights Started work on the Joint Project with Airbus to benchmark HT-PEM fuel cell MEAs in aviation.Continued work with the U.S. Department of Defense on two previously awarded contracts for portable power systems.Continued Technology Assessment Work for four of the largest 15 automotive manufacturers in the world.Continued streamlining of operations process to significantly reduce OPEX and non-R&D development costs, primarily associated with overhead, facilities, and administrative personne ...

Financial Data and Key Metrics - Q4 2023 revenue was $1.5 million, down from $2 million in the prior year quarter, primarily due to a decline in orders for stationary fuel cell systems [23] - Net loss in Q4 2023 was $25.7 million or $12.04 per share, with an adjusted net loss of $22.1 million or $10.32 per share, excluding a $0.03 million gain from warrant valuation changes and a $3.71 million goodwill impairment charge [24] - R&D expenses were $4 million in Q4 2023, while administrative and selling expenses totaled $6.7 million, resulting in total operating expenses of $10.7 million, a year-over-year decrease of $1 million [23] - Restricted cash reserves were $3.6 million as of December 31, 2023, a decrease of $0.1 million from September 30, 2023 [24] Business Line Performance - The company has shifted its business model to focus exclusively on MEA (Membrane Electrode Assembly) innovation, IP, and manufacturing scale, reducing operational expenses and future CapEx needs [11][13] - The Danish subsidiary, which was developing High-Temperature PEM systems, was closed due to high production costs exceeding $2,000 per kilowatt, compared to the expected $500 per kilowatt at scale with Ion Pair MEA technology [13] - The company has successfully sold 1,200 hardware systems, primarily to the telecom industry, leveraging post-acquisition know-how from Serenergy [12] Market Performance - In the maritime market, the company's technology is installed in San Lorenzo's 50Steel methanol fuel cell superyacht, with expectations of significant adoption in both retrofitted and newly built yachts [20] - The defense market has seen progress with the Honey Badger 50 project, which aims for high-volume production by 2026, following $5 million contracts with the US Department of Defense [19] - The aerospace market is supported by a $13 million strategic partnership with Airbus to develop Ion Pair MEA for aviation applications, with milestones achieved and test flights anticipated in the coming years [17] Strategic Direction and Industry Competition - The company is focusing on strategic partnerships with OEMs and Tier 1 manufacturers, leveraging its Ion Pair MEA technology for applications in heavy-duty mobility, off-grid power, and data centers [11][15] - Advent's High-Temperature PEM fuel cells are positioned as a low-cost solution for off-grid and backup markets, with a levelized cost of electricity projected at $0.20 to $0.30 per kilowatt hour [8] - The company is targeting collaborations in the data center market, where its fuel cells can reduce infrastructure investments and optimize energy use, particularly during peak demand periods [21] Management Commentary on Operating Environment and Future Outlook - Management highlighted the challenges in the financial markets for clean energy investments, leading to reliance on infrastructure loans and grants from the UN and US [12] - The company has streamlined operations by closing unprofitable subsidiaries and reducing operational expenses, targeting total costs below $20 million in 2024, a 70% reduction from 2023 [22] - Advent is not providing revenue guidance for 2024 due to the long-term contract nature of its business model and market uncertainties [25] - The company anticipates significant market adoption of its High-Temperature PEM and MEA technology by 2026, driven by partnerships with global OEMs and the demand for methanol-based fuel cells [27] Other Key Information - The company is exploring opportunities to raise additional capital as existing cash reserves are insufficient to support operations for the next 12 months [24] - Management has restructured compensation to lower levels and remains committed to achieving EBITDA-positive operations by 2025 [26][28] - Advent is in discussions with multiple companies for technology transfer and licensing agreements, particularly in the automotive and data center markets [15][21] Q&A Session Summary - No questions were asked during the Q&A session [29]

Exhibit 99.1 Advent Technologies Reports Q4 2023 Results Livermore, CA – Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, announced on Tuesday, August 13, 2024 its consolidated financial results for the three months and year ended December 31, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Q4 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Advent Technologies Holdings, Inc. (Exact name of Registrant as specified in its Charter) | --- | --- | --- | |------------------------------|--------------|--- ...

Investors, analysts and other interested parties may access Acadian Timber Corp.’s 2024 Second Quarter Results conference call and webcast on Thursday, August 1, 2024 at 1:00PM ET. Please register here or follow the link on our website at www.acadiantimber.com/presentations_and_webcasts, to receive your unique PIN. For those unable to participate, a recorded rebroadcast will be available until 4:00PM ET August 1, 2025.  EDMUNDSTON, New Brunswick, July 31, 2024 (GLOBE NEWSWIRE) -- Acadian Timber Corp. (“Acad ...

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have entered into a definitive agreement with Advent International to acquire Evri, one of the UK’s largest parcel delivery companies. Since relaunching as Evri in 2022, the company has grown to become a key leader in parcel delivery, with a strong national network purpose-built for third-party e-commerce parcels and a differentiated last-mile delivery model. Today, Evri reaches near ...

WINDSOR, Conn., July 22, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced releases across its full line of SS&C Advent and Eze solutions, including Geneva®, Genesis, Eze OEMS, Eze Eclipse, and other related platforms."A major initiative this year is continuing to build on our successful collaborations between SS&C Advent, SS&C Eze, and other teams within SS&C Technologies, particularly SS&C GlobeOp. These projects are already delivering exciting new solutions and capabili ...