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Kaleyra, Inc. (NYSE: KLR) has announced the election of Valeria Magoni, Senior Director of Product and Corporate Marketing, as a Global Board Member of the Mobile Ecosystem Forum (MEF) on March 21, 2023. Valeria's extensive experience in mobile and technology sectors positions her to significantly influence MEF’s strategic agenda. Her role will involve driving innovation within the mobile industry and enhancing collaboration among stakeholders. The MEF Board consists of industry leaders, with Magoni being one of six new members serving a two-year term. Kaleyra specializes in omnichannel business communications and operates globally.

KORE Group Holdings, a leader in IoT Solutions, plans to file its Form 10-K within the 15-day extension provided by SEC Rule 12b-25. A conference call is scheduled for March 27, 2023, at 5:00 p.m. ET to discuss Q4 and full-year results for 2022. The filing deadline for Form 10-K has been extended to March 31, 2023. Financial results will be released prior to the call. Investors can join via dial-in or webcast. The company's solutions aim to simplify IoT complexities for various organizations, enhancing operational results.

Local Bounti Corporation (NYSE: LOCL, LOCL WS) reported preliminary fiscal 2022 sales of $19.5 million, with an adjusted gross margin of 38%. However, the company suffered a net loss of $111.1 million and an adjusted EBITDA loss of $29.8 million. The company has amended its credit facility with Cargill Financial Services to enhance liquidity, reducing cash reserve requirements and allowing for interest payments in kind. This amendment aims to meet short-term capital needs as the company develops its facilities. An earnings conference call is scheduled for March 29, 2023.

Local Bounti Corporation (NYSE: LOCL, LOCL WS) announced it will release its financial results for the fiscal year ended December 31, 2022, on March 29, 2023, before market opening. The company will also host a conference call at 8:00 a.m. ET on the same day to discuss these results and other updates. Local Bounti is redefining indoor farming with its innovative Stack & Flow Technology™, enabling improved crop turns, increased output, and better unit economics. It services about 10,000 retail doors across the U.S. and employs sustainable methods that use 90% less land and water compared to traditional farming.

Athena Consumer Acquisition Corp. (NYSE: ACAQ) announced the filing of a registration statement on Form F-4 with the SEC for a business combination with Next.e.GO Mobile SE. This follows the signing of a definitive agreement on July 28, 2022, with the transaction expected to be executed through a wholly-owned subsidiary, TopCo, which will subsequently trade as 'EGOX' on NYSE. The completion is contingent upon standard closing conditions, including stockholder approval. e.GO focuses on affordable urban electric vehicles, leveraging proprietary technologies and MicroFactories to meet growing urban mobility needs.

Kaleyra, Inc. (NYSE: KLR) has announced a 1-for-3.5 reverse stock split effective March 9, 2023. This decision follows shareholder approval obtained on February 14, 2023. The reverse split means that every 3.5 shares of common stock will be converted into one share. This action will not impact the number of authorized shares or change the par value. The split aims to improve the stock price and marketability of the company's shares. Outstanding warrants will also be adjusted accordingly, reducing the exercisable shares from 5,440,662 to approximately 1,554,475 at a new price of $40.25 per share.

JAWS Mustang Acquisition Corporation (NYSE: JWSM) has announced its transfer from the New York Stock Exchange to NYSE American LLC. This strategic decision, set to take effect around March 14, 2023, is driven by the more favorable listing requirements on NYSE American.

JWSM's voluntary delisting from NYSE aims to enhance its compliance capabilities while maintaining its current reporting practices to the Securities and Exchange Commission. The company is committed to transparency and will continue to pursue its operational objectives following this transition.

Kaleyra, Inc. (NYSE: KLR) announced a 1-for-3.5 reverse stock split, effective around March 9, 2023, following shareholder approval on February 14, 2023. This move is aimed at boosting the stock price to meet the $1.00 listing requirement on the New York Stock Exchange. Post-split, the number of outstanding shares will decrease from approximately 45.9 million to around 13.1 million. The split won't affect stockholders' ownership percentages and no fractional shares will be issued. Stockholder actions depend on their holdings, with certificates requiring a letter of transmittal for surrender.