Month: January 2025

BCB Bancorp, Inc. Earns $3.3 Million in Fourth Quarter 2024; Reports $0.16 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

Written by Customer Service on January 28, 2025. Posted in Dividend Reports And Estimates.

BAYONNE, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $3.3 million for the fourth quarter of 2024, compared to $6.7 million in the third quarter of 2024, and $6.1 million for the fourth quarter of 2023. Earnings per diluted share for the fourth quarter of 2024 were $0.16, compared to $0.36 in the preceding quarter and $0.35 in the fourth quarter of 2023. Net income and earnings per diluted share for the fourth quarter of 2024, without giving effect to the Company’s unrealized losses on equity investments and the loss on sale of non-performing loans, were $4.1 million and $0.24, respectively. The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per...

Exela Technologies Announces Strategic Partnership with Michael Page

Written by Customer Service on January 28, 2025. Posted in Public Companies.

IRVING, Texas, Jan. 28, 2025 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (OTC: XELA, XELAP), a global business process automation (BPA) leader, has announced a strategic partnership between its Finance and Accounting Outsourcing (FAO) Business Unit and Michael Page, a leading recruitment firm specializing in leadership hiring for large enterprises. Michael Page, through this partnership, plans to expand Exela’s successful Center of Excellence across various corporate functions, including Finance Shared Services, by deploying Build-Operate-Transfer, Captive, and Business Processes as a Service to their enterprise customers. This collaboration is expected to further strengthen Exela’s position as a trusted partner for delivering tailored, scalable financial solutions. “Partnering with Michael Page...

Crown Announces Effective Date of Reverse Stock Split

Written by Customer Service on January 28, 2025. Posted in Public Companies.

LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) — Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced its plan to implement a reverse split of its common stock at a ratio of 1-for-150 shares. The reverse stock split will be effective for marketplace purposes with the open of business on Thursday, January 30, 2025. Following the reverse stock split, Crown’s common stock will continue to trade on The Nasdaq Capital Market under the ticker symbol “CRKN.” The new CUSIP number for the common stock following the reverse stock split will be 228339 503, reflecting the adjusted share structure. The Company’s Board of Directors approved the reverse stock split at a ratio...

Yukon Metals Appoints Kaeli Gattens as Vice President, Investor Relations and Communications

Written by Customer Service on January 28, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) — Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce the appointment of Kaeli Gattens as Vice President, Investor Relations and Communications. Ms. Gattens has nearly fifteen years of experience in the global mining and metals sector, spanning corporate development, investor relations, ESG, and digital transformation roles within publicly listed companies. Prior to joining Yukon Metals, Ms. Gattens served as Vice President, Corporate Development at the JDS Group of Companies. She previously held roles of increasing responsibility with Sun Peak Metals Corp., VRIFY, and Finning Digital. Ms. Gattens spent the first six years of her career at Goldcorp Inc., where she delivered impactful results in capital markets...

Broadcom Delivers Industry’s First Quantum Resistant Network Encryption, Enabling Real-time Ransomware Detection

Written by Customer Service on January 28, 2025. Posted in Public Companies.

Emulex Secure Host Bus Adapters Answer the Call by Governments Worldwide to Encrypt All Data with a Quantum-Resistant, Zero Trust Solution PALO ALTO, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) today announced an industry-first — the new, innovative Emulex Secure Fibre Channel Host Bus Adapters (HBA) — a cost-effective, easy-to-manage solution that encrypts all data as it moves between servers and storage. Encrypting mission-critical data is no longer a nice-to-have, but a must-have. The cost of ransomware attacks continues to rise with attacks in 2024 costing USD $5.37 million1 on average per attack. Upcoming generative AI and quantum computers magnify the risk if data is not encrypted at all points in the data center including the network. To address these cybersecurity issues, governments have responded...

Precision Optics Launches Revolutionary Unity Imaging Platform

Written by Customer Service on January 28, 2025. Posted in Public Companies.

GARDNER, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) — Precision Optics Corporation (Nasdaq: POCI), a global leader in the design and development of optical components and systems for advanced medical, industrial, and defense/aerospace applications, is pleased to announce the launch of the Unity Imaging Platform, comprising a standard baseline CMOS endoscopic system with customization options based on existing or newly designed sub-components. This groundbreaking modular optical platform is set to transform the development and production of endoscopic imaging devices by significantly reducing costs, time to market, and project risks. A Platform Built on a Depth of ExperienceThe Unity Imaging Platform (“Unity”) represents the culmination of many years of research, development, and collaboration with key industry players. By leveraging...

Verity and Landus Announce Agreement to Track and Verify Sustainable Agriculture Attributes at Soybean Facility

Written by Customer Service on January 28, 2025. Posted in Public Companies.

Verity and Landus partner to pass sustainability value to final products ENGLEWOOD, Colo., Jan. 28, 2025 (GLOBE NEWSWIRE) — Verity Holdings, LLC (“Verity”), a subsidiary of Gevo, Inc. (NASDAQ: GEVO), and Landus are pleased to announce a new agreement aimed at unlocking added value for farmers through sustainability premiums via export markets. This collaboration leverages Verity’s advanced platform to track and verify the attributes of agricultural products, enabling Landus to document and assign value metrics for soybeans processed at its soybean facility in Ralston, Iowa. This farmer-centric agreement reinforces Verity and Landus’ commitment to expanding opportunities in international markets for sustainably certified products, such as those derived from regeneratively grown soybeans and corn. By streamlining the certification...

Sharps Technology, Inc. Announces Pricing of Upsized $20.0 Million Underwritten Public Offering

Written by Customer Service on January 28, 2025. Posted in Public Companies.

NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (NASDAQ: STSS) (the “Company”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $20.0 million, before deducting underwriting fees and other estimated offering expenses payable by the Company. The offering consists of 14,285,714 Common Units (or Pre-Funded Units), each consisting of (i) one (1) share of Common Stock or one (1) Pre-Funded Warrant, (ii) one (1) Series A Registered Common Warrant to purchase one (1) share of Common Stock per warrant at an exercise price of $1.75 (“Series A Warrant”) and (iii) one (1) Series B Registered Common Warrant to purchase...

Seanergy Maritime Expands Fleet with Two Japanese Ships: One Newcastlemax Vessel and One Capesize Vessel

Written by Customer Service on January 28, 2025. Posted in Mergers And Acquisitions.

GLYFADA, Greece, Jan. 28, 2025 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it has entered into two definitive agreements with unaffiliated third parties in Japan for (i) the purchase of a Japanese-built Newcastlemax vessel and (ii) a bareboat charter with a purchase obligation for one Japanese-built Capesize vessel. The total acquisition cost is approximately $69.0 million. Acquisition of a Japanese Newcastlemax Vessel The Newcastlemax was built in 2013 at Imabari Shipbuilding Co., Ltd., Saijo Shipyard, a reputable Japanese shipyard, and has a cargo-carrying capacity of approximately 207,851 deadweight tons (“dwt”). The vessel will be renamed “Meiship” and is expected to be delivered within the first quarter of 2025, subject to customary closing...

Community Bankshares, Inc. Acquires Thomas USAF / Thomas Financial Group to Completely Revolutionize Government-Guaranteed Lending Nationwide

Written by Customer Service on January 28, 2025. Posted in Mergers And Acquisitions.

LAGRANGE, Ga., Jan. 28, 2025 (GLOBE NEWSWIRE) — Community Bankshares, Inc., one of the fastest-growing financial services companies in the nation, announces its acquisition of Thomas USAF / Thomas Financial Group, a 30-year industry leader in USDA government-guaranteed commercial lending. This acquisition, coming on the heels of the recent launch of Phoenix Lender Services, underscores Community Bankshares’ bold strategy to redefine the financial services landscape and expand its leadership in innovative lending solutions for rural and underserved markets across the United States. A Future-Focused Partnership “This is not just an acquisition — it’s a reimagining of what’s possible in government-guaranteed lending,” said Jeremy Gilpin, Chairman of the Board of Community Bankshares, Inc. “By combining the proven track record of Thomas...

Month: January 2025

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