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Day: January 30, 2025

Cloudastructure Announces Direct Listing on the Nasdaq Capital Market; Shares Begin Trading Under the Symbol CSAI

Highlights Promising Outlook – Robust Pipeline and Strong Revenue Growth Momentum PALO ALTO, Ca, Jan. 30, 2025 (GLOBE NEWSWIRE) — Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, today announced that trading of Cloudastructure’s Class A common shares (the “common shares”) commenced today on the Nasdaq Capital Market under the stock ticker symbol CSAI.  “We are pleased to announce that Cloudastructure’s common shares are now trading on the Nasdaq Capital Market,” said James McCormick, Chief Executive Officer of Cloudastructure. “This milestone represents a transformative moment for our Company, providing an opportunity to showcase our innovative, AI-driven, cloud-based security...

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Willis appoints Pat Donnelly as Head of Risk & Broking, North America

NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business, (NASDAQ: WTW), today announced the appointment of Pat Donnelly as the new Head of Risk & Broking (R&B), North America, reporting to Lucy Clarke, President, R&B. Donnelly, a highly respected and accomplished leader in the insurance and risk management industry, brings a wealth of experience having held various leadership roles at Marsh, JLT and Aon. Most recently, he has served as President, Specialty & Global Placement at Marsh. Donnelly joined Marsh as part of the acquisition of JLT. His other Marsh experience includes President, Marsh U.S. and Canada, overseeing the company’s insurance broking and risk advisory businesses across North America. Earlier in his career, Donnelly was the CEO of JLT Specialty in North America, where he successfully...

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The Board of Directors of Oma Savings Bank Plc has reorganised

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 30 JANUARY 2025 AT 16.30 P.M. EET, OTHER INFORMATION DISCLOSED TO THE RULES OF THE EXCHANGEThe Board of Directors of Oma Savings Bank Plc has reorganised      On 30 January 2025, the Board of Directors of Oma Savings Bank Plc (OmaSp or the Company) has reorganised in terms of the Vice Chairperson and the Committees. The Board of Directors has elected Carl Pettersson as Vice Chairman of the Board. In addition to the Audit and Remuneration Committees, the Board of Directors decided to establish a Risk Committee. In appointing the members of the Committees, the Board has taken into account the expertise and experience required for the duties. The Board of Directors has elected the following members from among its members to the Committees: Remuneration CommitteeJaakko Ossa, ChairmanCarl PetterssonJuhana...

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Risk Strategies Acquires Comprehensive Benefits, Inc. and Gabrielson Insurance & Financial Services

Strengthens National Benefits Specialty Practice capabilities; expands Michigan presence BOSTON, Jan. 30, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced the acquisition of Comprehensive Benefits, Inc. and Gabrielson Insurance & Financial Services, both located in the Greater Detroit area. The joint acquisition preserves an established working relationship between the two partner companies, providing increased capabilities for the clients of two established specialists. Terms of the deal were not disclosed. Founded in 1989 and based in Southfield, Michigan, Comprehensive Benefits offers a full range of employee benefits services for both fully insured and self-funded programs for organizations. Its offerings and capabilities include medical...

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Foresight Reports Full Year and Fourth Quarter 2024 Results

WINNEBAGO, Ill., Jan. 30, 2025 (GLOBE NEWSWIRE) — Foresight Financial Group, Inc. (OTCQX:FGFH) reported net income $12.66 million for the year ended December 31, 2024, a $1.89 million decrease compared to the $14.55 million reported for 2023. Diluted Earnings per Share (EPS) decreased 12% to $3.59 compared to $4.08 the prior year. The results for 2024 produced a Return on Average Equity of 8.66% and Return on Average Assets (ROAA) of 0.79%. The net income in comparison to the prior year was largely the result of an increase in operating expenses. Net income for the fourth quarter of 2024 equaled $2.49 million, a $4.24 million decrease from the $6.73 million reported in the fourth quarter of 2023. The decrease was primarily due to a $4.04 million increase in the provision for loans losses, reflecting a $3.37 million negative provision...

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Truxton Corporation Reports Fourth Quarter and Full Year 2024 Results

NASHVILLE, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) — Truxton Corporation, the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter ended December 31, 2024. Fourth quarter net income attributable to common shareholders was $4.99 million, or $1.74 per diluted share, compared to $4.23 million, or $1.46 per diluted share, for the same quarter in 2023. For the year ended December 31, 2024, net income increased by 5% to $18.4 million from $17.5 million in 2023. For the year ended December 31, 2024, earnings per diluted share rose to $6.34 from $6.02, an increase of 5% from 2023. “Truxton grew earnings again in 2024, despite the headwinds of mostly one-time expenses related to our technology and physical office upgrades,” said Truxton Chairman Tom Stumb. “Net...

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United-Guardian Declares Cash Dividend

HAUPPAUGE, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) — United-Guardian, Inc. (NASDAQ:UG) announced today that the company’s Board of Directors, at its meeting on January 27, 2025, declared a cash dividend of $0.35 per share, to be paid on February 18, 2025, to all stockholders of record as of the close of business on February 10, 2025. This will be the 30th consecutive year that the company has paid a dividend. Donna Vigilante, President of United-Guardian, stated, “I am pleased to report that the company’s Board of Directors has decided to distribute a dividend of $0.35 per share to our stockholders. This dividend is consistent with the dividend we previously distributed in July of 2024. We will continue to monitor our earnings and provide dividends to our stockholders when it is in the best interest of the company and its stockholders...

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Truxton Corporation Announces Increased Quarterly Cash Dividend for 2025, Special Cash Dividend, and a $5 Million Repurchase Authorization

NASHVILLE, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) — Truxton Corporation (OTCPK: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.50 per common share payable March 25, 2025, to shareholders of record as of March 11, 2025, representing a 16% increase over the 2024 regular quarterly dividend of $0.43. This represents the thirteenth consecutive year of increased regular dividends at Truxton Corporation. In addition, a special cash dividend of $1.00 per common share will be paid on March 25, 2025, to shareholders of record as of March 11, 2025. The Board of Directors has also authorized a stock repurchase program under which the Corporation may acquire up to $5 million of its common shares during a period beginning after the...

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Creative Medical Technology Holdings Announces Positive Initial Safety, Tolerability, and Efficacy Data from First Cohort in Phase 1/2 Trial of CELZ-201-DDT for Chronic Back Pain

PHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) — Creative Medical Technology Holdings, Inc. (NASDAQ: CELZ), a clinical-stage biotechnology company focused on regenerative medicine, today announced promising initial data from the first cohort of its ongoing Phase 1/2 clinical trial of CELZ-201-DDT, the Company’s proprietary stem cell-based therapeutic for the treatment of chronic back pain caused by degenerative disc disease (DDD). The first cohort of 10 participants (8 receiving CELZ-201-DDT and 2 receiving placebo) completed the study phase without any dose-limiting toxicities or serious adverse events. Blinded preliminary data suggest encouraging therapeutic potential in alleviating back pain and restoring functionality. Following a comprehensive safety review, the independent Data Safety Monitoring Board (DSMB) recommended the trial...

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Mullen Completes Purchase of Additional Nikola Battery Assets for US Battery Production

Upon installation of new assets which were recently delivered on Jan. 27, 2025, the Company’s Fullerton facility will have the following battery production lines and testing capabilities: •    Two high-volume standard battery chemistry lines.•    High-precision, low-volume standard battery chemistry R&D line.•    High-precision, low-volume solid-state polymer R&D line.•    Full battery testing laboratory for current and future battery projects. Company plans to begin start of production second half of 2025BREA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company continues to further its U.S. battery production capabilities with the additional purchase of battery line equipment...

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