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Day: February 5, 2025

Avid Bioservices poised for significant growth with new partners GHO Capital and Ampersand Capital Partners

Acquisition of biologics Contract Development and Manufacturing Organisation Avid Bioservices now completed GHO and Ampersand’s deep experience in CDMO investing to support Avid’s next stage of rapid growth including expanded offerings, talent investment and greater geographic reachLONDON and BOSTON and TUSTIN, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — GHO Capital Partners LLP (“GHO”), the European specialist investor in global healthcare, and Ampersand Capital Partners (“Ampersand”), a private equity firm specialising in growth equity investments in the life sciences and healthcare sectors, today announced the successful closing of the previously announced acquisition of Avid Bioservices (“Avid” of the “Company”), a dedicated biologics Contract Development and Manufacturing Organisation (“CDMO”) working to improve...

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WithSecure Corporation to publish Financial Statement Release and Annual Report of 2024 on 12 February 2025

WithSecure Corporation, Investor News, 5 February 2025 at 16:30 EET WithSecure Corporation to publish Financial Statement Release and Annual Report of 2024 on 12 February 2025 WithSecure Corporation will publish its Financial Statement Release and Annual Report of 2024 on Tuesday 12 February 2025 at approximately 08:00 EET. WithSecure’s CEO Antti Koskela and CFO Tom Jansson will present the results in a webcast starting at 14:00 EET. The webcast will be held in English and can be accessed at https://withsecure.events.inderes.com/q4-2024. Questions are requested in written format in the webcast portal. Analysts following WithSecure are invited to follow the presentation at Flik Studio Stage, Itämerentori 2, Helsinki. Presentation material and the webcast recording will be available on the company’s website at https://www.withsecure.com/en/about-us/investor-relations. Contact...

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Beyond Air® Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement

GARDEN CITY, N.Y., Feb. 05, 2025 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of nitric oxide (NO) to improve the lives of patients, today announced it received a notification from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has been granted an additional 180-day compliance period, or until August 4, 2025 to regain compliance with Nasdaq’s minimum bid price rule (Rule 5550(a)(2)). The notification has no immediate effect on the listing of the Company’s common stock, and the common stock will continue to trade on the Nasdaq Capital Market under the symbol “XAIR.” Nasdaq’s determination is based on the Company meeting all other applicable requirements for listing on...

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Nuvini Regains Compliance with Nasdaq Listing Rule 5250(c)(2)

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced that it received notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) on February 5th, 2025, indicating that the Company has regained compliance with Nasdaq Listing Rules 5250(c)(2). On February 4, 2025, the Company filed the required Form 6-K to report its unaudited condensed consolidated statements of profit or loss and statements of financial position as of and for the quarter, as required by Nasdaq Listing Rule 5250(c)(2). About Nuvini Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within...

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Root’s Super Bowl Survey: Nearly Half of Football Fans Watched Games While Driving this Season

Survey from Car Insurance Company Root Insurance reveals 44% of fans watched their favorite teams from the driver’s seat, including 42% of Eagles fans and 36% of Chiefs fansRoot Inc Football Press ReleaseRoot Inc Football ResearchCOLUMBUS, Ohio, Feb. 05, 2025 (GLOBE NEWSWIRE) — A national survey of football fans found that nearly 44% shockingly admitted to live-streaming games while driving, not letting safety stop them from watching. The new research from Root, Inc. (NASDAQ: ROOT), a leading technology company powering car insurance solutions and the parent company of Root Insurance Company, revealed this alarming trend ahead of Super Bowl LIX. As NFL viewership continues to rise across all streaming platforms, these “Frontseat Fans” trade safe driving for big plays. A slightly less risky 35% admit to sneaking...

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EuroDry Ltd. Announces Agreement to Sell M/V Tasos, a 2000-built Panamax Bulk Carrier

ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed an agreement to sell M/V Tasos, a 75,100 dwt drybulk vessel, built in 2000, for demolition, for approximately $5 million. The vessel is expected to be delivered to its buyers, an unaffiliated third party, between mid-February and mid-March 2025, upon completion of her present charter. Aristides Pittas, Chairman and CEO of EuroDry, commented: “We are pleased to announce our agreement to sell of our M/V Tasos, the eldest Panamax-size bulker of our fleet which was due for a costly fifth special survey, for recycling. As a result of this sale, we expect to book a gain of approximately $2.1 million,...

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Lleida.net to strengthen operations in Europe and Latin America and review its subsidiary structure

Madrid, February 5th—Lleida.net CEO Sisco Sapena announced today in a call with investors that the company will study the restructuring of subsidiaries “that do not have a clear future in the medium term.” Sapena stressed that the company “will continue to focus on growth in Europe and Latin America, the markets where we can grow organically and significantly.” Following yesterday’s presentation of the 2024 company results, in which Lleida.net increased its turnover by 16% and closed with 3.26 million EBITDA, Sapena held an open meeting today with some thirty of the company’s shareholders to explain the last few financial years. Sapena, who founded the company in 1995, explained that “our objective is to maintain sustainable growth. We do not focus on volume at any price but profitability and generating...

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KRTL Holding Group Expands in Bolivia: A Strategic Leap for Biopharmaceutical Innovation

Lakewood, CO, Feb. 05, 2025 (GLOBE NEWSWIRE) — KRTL Holding Group, Inc. (OTC: KRTL) is strategically expanding its presence in the heart of South America, where biodiversity flourishes and untapped resources promise new frontiers in medicine. Recognizing Bolivia’s vast potential, KRTL’s subsidiaries, KRTL Biotech, Inc. and KRTL International Corp., have formed a strategic joint venture with Centro de Investigaciones Químicas – CIQ S.R.L., a leading Bolivian research and manufacturing institution led by the esteemed Dr. Bascope. A Vision for Sustainable Growth For decades, the global pharmaceutical supply chain has been dominated by traditional hubs like China and India. However, shifting economic landscapes and growing concerns over sustainability have created an opportunity for diversification. Bolivia, with its rich natural...

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Getty Images and Verizon to Award $20,000 Grant to Champion Disability Representation in the Workplace

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) — Getty Images, a preeminent global visual content creator and marketplace, in collaboration with Verizon and the National Disability Leadership Alliance (NDLA), invites photographers and videographers to reimagine how the disability community is represented in professional settings. This global creative grant offers $20,000 in funding to help talented creators rewrite the narrative, showcasing the disability community as active, thriving professionals, leaders, and innovators in the workplace. Despite growing awareness of diversity in visual media, the stories of people with disabilities in professional roles remain underrepresented. Too often, visuals portray the disability community in limited, domestic or familial contexts, leaving a gap showcasing the vital contributions people with...

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Star Bulk Announces Date for the Release of Fourth Quarter Ended December 31, 2024 Results, Conference Call and Webcast

ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), today announced that it will release its results for the fourth quarter ended December 31, 2024, after the market closes in New York on Tuesday, February 18, 2025. Star Bulk’s management team will host a conference call to discuss the Company’s financial results on Wednesday, February 19, 2025 at 11:00 a.m. Eastern Time (ET). Conference Call details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In), or +0 800 756 3429 (UK Toll Free Dial In). Please quote “Star Bulk Carriers” to the operator and/or conference ID 13751689. Click...

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