News & Videos - ARC GROUP WORLDWIDE INC.

ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider. NEW YORK, NY, Feb. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- ARC Group, a global leader in M&A and Capital Markets Advisory, has entered into an agreement to acquire a controlling profit-sharing interest in US-based private equity and advisory...

SHANGHAI, Jan. 12, 2023 (GLOBE NEWSWIRE) -- ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider. via NewMediaWire -- ARC Group, global leader in M&A and Capital Markets Advisory, has signed a share purchase agreement to acquire Scandinavian-owned APAC cross-border consultancy Asia Perspective. Under...

DELAND, FL / ACCESSWIRE / August 12, 2022 / ARC Group Worldwide, Inc. (OTC PINK:ARCW), following the business combination with RM2 International S.A. completed on February 1, 2022, is a leader of the smart pallet revolution with autonomous IoT sensor technology embedded in its logistically-optimized, hygienic BLOCKPal™ composite pallets. The Company is pleased to provide this trading update. RM2 continues to experience record demand for its BLOCKPal™ pallets, and is working diligently on the...

ORLANDO, Fla., Feb. 02, 2022 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (" ARC " and the " Company ") (OTC Markets: ARCW), announces the completion of the sale of its legacy assets and the closing of its business combination with RM2 International S.A. (" RM2 ") on Feb. 1, 2022 (the " Closing "). RM2 International S.A. ("RM2"), a Luxembourg corporation, is the owner and operator of the BLOCKPal, a technologically advanced, hygienic, ESG friendly, composite pallet that is leased to a Tier 1...

DELAND, FL / ACCESSWIRE / February 2, 2022 / ARC Group Worldwide, Inc. (" ARC " and the " Company ") (OTC PINK:ARCW), announces the completion of the sale of its legacy assets and the closing of its business combination with RM2 International S.A. (" RM2 ") on February 1, 2022 (the " Closing "). RM2 International S.A. ("RM2"), a Luxembourg corporation, is the owner and operator of the BLOCKPal, a technologically advanced, hygienic, ESG friendly, composite pallet that is leased to a Tier 1...

DELAND, FL / ACCESSWIRE / December 13, 2021 / ARC Group Worldwide, Inc. (" ARC " or the " Company ") (OTC Markets:ARCW), a leading global provider of advanced manufacturing, today announced that the Board of Directors has proposed to sell all of the Company's current operating businesses and assets (the " Legacy Business Sale "). The Company further announced that it plans to acquire RM2 International S.A. (" RM2 "), a Luxembourg Société Anonyme which has developed a type of composite pallet...

DELAND, FL / ACCESSWIRE / December 10, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company"), a leading global provider of advanced manufacturing, today reports its results for the first fiscal quarter ending September 26, 2021. ARC reports large improvements across all major financial metrics for the organization. First Quarter Fiscal Year 2022 Results Net sales were $15.2 million, up 32.7% from the prior-year period; Gross profit was $3.3 million, up 56.9% from the prior-year period;...

DELAND, FL / ACCESSWIRE / December 6, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company"), a leading global provider of advanced manufacturing, today announces financial results for fiscal year 2021, ended June 30, 2021. Fiscal Year Results Net sales of $62.2 million, up 28.1% from the prior-year period; Gross profit of $14.1 million, up 106.8% from the prior-year period; Gross margin of 22.6%, up 860 basis points from the prior-year period. Operating expenses of $7.3 million, down 13.6%...

DELAND, FL / ACCESSWIRE / July 7, 2021 / ARC Group Worldwide participated in the annual POWDERMET Conference in Orlando, FL from June 20 th - 23 rd . The leading North American technical conference on powder metallurgy and particulate materials, POWDERMET2021 is a hub for technology transfer for professionals from every part of the industry. As part of the program, ARC participated in the 57 th edition of the Powder Metallurgy [PM] Design Excellence Award Competition. The DEA Competition...

DELAND, FL / ACCESSWIRE / May 10, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company"), a leading global provider of advanced manufacturing, today announced its operating results for the third quarter ended March 28, 2021. Highlights for the third quarter of fiscal year 2021 compared to the third quarter fiscal year 2020 for Continuing Operations: ● Net sales were $16.4 million, increasing by 28.2%; ● Gross profit was $4.0 million, increasing by 117.9%; ● Operating expenses were $1.9...

DELAND, FL / ACCESSWIRE / April 5, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company") announced that they have hired Imperial Capital, LLC ("Imperial Capital"), a full-service Investment Bank, to serve as exclusive financial advisor to explore strategic alternatives for the Company. Imperial Capital has extensive experience advising clients in the Advanced Manufacturing sector. Jedidiah Rust, CEO of ARC said, "After the successful completion of several years of restructuring and...

DELAND, FL / ACCESSWIRE / March 17, 2021 / ARC Group Worldwide, Inc. ("ARC" or the "Company"), in conjunction with its majority shareholder Quadrant Management, announce that they have entered into an ownership investment into Veloxint CIF ("Veloxint") to enhance the development and commercialization of the nanocrystalline metal alloy materials. The agreement combines the 30-year powder metallurgy knowledge and sintering expertise at ARC with the cutting-edge nano-enabled powders produced by...

DELAND, FL / ACCESSWIRE / February 8, 2021 / ARC Group Worldwide, Inc. (OTC PINK:ARCW)("ARC" or the "Company"), a leading global provider of advanced manufacturing, today reports its results for the second fiscal quarter ending December 27, 2020. ARC reports sequential quarterly income growth for fiscal year to date 2021. Highlights for the second quarter of fiscal year 2021 compared to the second quarter fiscal year 2020 for Continuing Operations: Net sales were $14.5 million, increasing by...

DELAND, FL / ACCESSWIRE / January 25, 2021 / ARC Group Worldwide, Inc. (OTC PINK:ARCW) ("ARC" or the "Company"), a leading global provider of advanced manufacturing, today reports its results for the first fiscal quarter ending September 27, 2020. ARC reports net income for the three months and continued improvement compared to the prior period last year. Highlights for the first quarter of fiscal year 2021 compared to the first quarter fiscal year 2020 for Continuing Operations: Net sales were...

DELAND, FL / ACCESSWIRE / November 13, 2020 / ARC Group Worldwide, Inc. ("ARC" or the "Company") today announced that Michael Wiseman , Vice President of Engineering was recently appointed to the Industry Development Board [IDB] of the Metal Powder Industries Federation (MPIF). The IDB coordinates the marketing and public relations activities of the MPIF toward expanding the market for powder metallurgy parts and products. The Board is comprised of industry experts and leaders that will drive...

DELAND, FL / ACCESSWIRE / October 16, 2020 / ARC Group Worldwide, Inc. ("ARC" or the "Company") today announced it has successfully completed its financial restructuring and emerged better positioned for the long-term with significantly reduced debt, a stronger balance sheet and enhanced financial flexibility. Over the last year, the Company has taken steps to reduce its debt by approximately $34 million. In December 2019, the Company simultaneously consummated (i) the sale-leaseback of the ARC...

DELAND, Fla., May 17, 2019 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing, today reported its results for the third fiscal quarter ending March 31, 2019. Highlights for the third quarter of fiscal year 2019 compared to the third quarter fiscal year 2018 for Continuing Operations: Sales of $19.9 million, a decrease of 5.7%; Gross Deficit of $(0.2) million, a decrease of 113.7%; EBITDA of $(0.4)...

LONGMONT, Colo., May 16, 2019 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing solutions, announced today it will issue its earnings press release for the third quarter ended March 31, 2019 after the market closes on Friday, May 17, 2019. The Company's earnings press release will be available on the Investor Relations section of the Company’s website at www.arcw.com . ARC also announced it will...

DELAND, Fla., Feb. 13, 2019 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing, today reported its results for the second fiscal quarter ending December 30, 2018. Highlights for the second quarter of fiscal year 2019 compared to the second quarter fiscal year 2018 for Continuing Operations: Sales of $20.9 million, an increase of 19.9%; Gross Profit of $1.5 million, an increase of 602.3%; EBITDA of...

LONGMONT, Colo., Feb. 13, 2019 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing solutions, announced today it will issue its earnings press release for the second quarter ended December 30, 2018 after the market closes on Wednesday, February 13, 2019. The Company's earnings press release will be available on the Investor Relations section of the Company’s website at www.arcw.com . ARC also...