- Vuzix Corp (NASDAQ:VUZI) has entered into a distribution agreement with Westbase.io, a distributor of Extended Reality (XR) technologies.
- Vuzix has received and shipped against a significant first volume purchase order from Westbase.io and will distribute across Europe from their U.K. and EU-based warehouses.
- “We are thrilled to be partnering with Westbase.io, a leading distributor who is well positioned to provide us with new and diverse distribution opportunities in a high-demand region,” said CEO Paul Travers.
- Price Action: VUZI shares are trading lower by 3.02% at $7.71 on the last check Tuesday.
Safe Harbor Financial Q1 Revenue Grows 150% YoY, Surpasses $1.1B In Quarterly Deposits
On Monday, SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (NASDAQ: SHFS), announced its financial results for the quarter ended March 31, 2023, revealing net revenue of $4.2 million in Q1 2023, an increase of 150% compared to $1.7 million in Q1 2022.