Day: February 6, 2025

Alumis and ACELYRIN to Merge Creating a Late-Stage Clinical Biopharma Company Dedicated to Innovating, Developing and Commercializing Transformative Therapies for Immune-mediated Diseases

Written by Customer Service on February 6, 2025. Posted in Mergers And Acquisitions.

Topline data from Phase 3 ONWARD trials for Alumis’ ESK-001 in moderate-to-severe plaque psoriasis on track for readout in first half of 2026; Topline data from Phase 2b LUMUS trial in systemic lupus erythematosus on track for readout in 2026 Evaluation underway of development plan for ACELYRIN’s lonigutamab to confirm differentiation in a capital efficient manner Pro forma cash position of approximately $737 million as of December 31, 2024, provides runway into 2027, beyond expected multiple clinical readouts for highly differentiated late-stage portfolio Alumis and ACELYRIN stockholders to own ~55% and ~45%, respectively, of combined company on a fully diluted basis Combined company will operate under Alumis name with current Alumis executive team Conference call to be held today, February 6, 2025, at 5:00 PM ET SOUTH SAN FRANCISCO,...

Nokia Corporation: Repurchase of own shares on 06.02.2025

Written by Customer Service on February 6, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release6 February 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 06.02.2025 Espoo, Finland – On 6 February 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 1,379,268 4.64CEUX – –BATE – –AQEU – –TQEX – –Total 1,379,268 4.64* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

Gogo|Satcom Direct and Airbus to develop end-to-end cabin connectivity experiences for operators of Airbus Corporate Jets (“ACJ”)

Written by Customer Service on February 6, 2025. Posted in Public Companies.

Gogo Business Aviation (NASDAQ: GOGO) |Satcom Direct today announced the finalizing of a multifaceted Memorandum of Understanding (MoU) with Airbus.Gogo|Satcom Direct and Airbus to develop end-to-end cabin connectivity experiences for operators of Airbus Corporate Jets (“ACJ”)Airbus’ ACJ Connect Link customers to benefit from ATG and Gogo Galileo Half Duplex (HDX) and Full Duplex (FDX) terminalsBroomfield, CO., Feb. 06, 2025 (GLOBE NEWSWIRE) — Gogo Business Aviation (NASDAQ: GOGO) |Satcom Direct today announced the finalizing of a multifaceted Memorandum of Understanding (MoU) with Airbus. The MoU confirms the two organizations’ aim to leverage the full potential of the Gogo Air-to-Ground (ATG), FlightDeck Freedom, and Gogo Galileo satellite connectivity solutions to deliver low-latency, high-speed broadband internet...

HPQ Silicon Increases Equity Stake in Novacium SAS

Written by Customer Service on February 6, 2025. Posted in Public Companies.

MONTREAL, Feb. 06, 2025 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of processes is pleased to inform shareholders that it is increasing its equity position in its France-based partner, NOVACIUM SAS (“Novacium”), from 20% to 28.4%. HPQ will increase its stake under the terms of an arm’s length agreement signed on February 6, 2025, with Novacium other shareholders whereby its stake will increase by 84 shares of Novacium, equal to 8.4% of the outstanding equity of Novacium, for an aggregate price of C$3,722,250 to be distributed among them. The payment of the sale price will be made through the issuance of 17,312,790 units of HPQ’s capital stock at a price of $0.215 per unit. Each unit will consist of one common...

Skyline Bankshares, Inc. Announces Fourth Quarter 2024 Results

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

FLOYD, Va. and INDEPENDENCE, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the fourth quarter of 2024. As previously announced, the Company acquired Johnson County Bank (“JCB”) on September 1, 2024, with the Company as the surviving corporation. For accounting purposes, the Company is considered the acquiror and JCB is considered the acquiree in the transaction. As such, all information contained herein as of and for periods prior to September 1, 2024 reflects the operations of the Company prior to the merger. The Company recorded net income of $2.5 million, or $0.45 per share, for the quarter ended December 31, 2024, compared to net income of $1.1 million, or $0.19 per share, for...

Press release 2024 Results – CIC

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

FEBRUARY...

Toll Brothers Opens New Model Homes at its Regency at Auburn Station 55+ Community in Raleigh, North Carolina

Written by Customer Service on February 6, 2025. Posted in Public Companies.

RALEIGH, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced the grand opening of three new model homes at Regency at Auburn Station, located in the vibrant city of Raleigh, North Carolina, just minutes from charming downtown Garner. The highly anticipated Badin Modern Farmhouse, Dilworth Transitional, and Hemsworth Lexington model homes feature innovative architecture and the perfect blend of luxury and contemporary design. These professionally designed Toll Brothers model homes are now open for tours at 1404 Reardon Drive in Raleigh. Regency at Auburn Station is a low-maintenance luxury 55+ community for active adults offering single-family homes on expansive home sites in an exclusive, intimate setting. This secluded location just steps to Garner, offers...

K&F Growth Acquisition Corp. II Announces Completion of $287.5 million IPO

Written by Customer Service on February 6, 2025. Posted in Public Companies.

Each Unit Includes One Class A Ordinary Share and One Share Right to Receive 1/15th of a Class A Ordinary Share MANHATTAN BEACH, CA, Feb. 06, 2025 (GLOBE NEWSWIRE) — K&F Growth Acquisition Corp. II (the “Company”), today announced the closing of its initial public offering of 28,750,000 units, at a price of $10.00 per unit, which includes 3,750,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, resulting in gross proceeds of $287,500,000. Each unit consists of one Class A ordinary share and one right (the “Share Right”) to receive one fifteenth of one Class A ordinary share upon the consummation of an initial business combination. There are no warrants issued publicly or privately in connection with this offering. The units are listed on the Nasdaq Global Market (“Nasdaq”)...

GivBux Enhances Super App with Upgraded UI/UX to Drive Engagement and Growth

Written by Customer Service on February 6, 2025. Posted in Public Companies.

New Features Include Cloud Biometrics, Home Screen Customization, and an Expanded Feature Set Newport Beach, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — GivBux, Inc. (OTC: GBUX) (“GivBux” or the Company”), a publicly traded Super App and charitable giving platform, announced today plans to roll out a significant upgrade to the user interface and user experience (“UI/UX”) of its Super App, enhancing user engagement and streamlining navigation to create a seamless, personalized experience. The planned update will introduce a modernized interface, cloud-based biometric authentication, and customizable home screen features, reinforcing GivBux’s commitment to delivering an easy-to-use yet dynamic digital ecosystem. The plans to upgrade the UI/UX are intended to make interactions faster, more secure, and highly customizable while creating...

Tyson Foods Announces Results of Annual Meeting of Shareholders

Written by Customer Service on February 6, 2025. Posted in Public Companies.

SPRINGDALE, Ark., Feb. 06, 2025 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (NYSE: TSN) announced the results of its Annual Meeting of Shareholders, which was held today. Shareholders reelected 13 incumbent directors, with each receiving strong shareholder support according to preliminary voting results. Jonathan Mariner, having expressed his preference not to be renominated to the Board, was not put forward as a director nominee. This reduced the Board size to 13 directors, nine of which are independent. Kate Quinn was elected Chair of the Audit Committee. “As we mark the 90th anniversary of Tyson Foods, we reflect on the decades of hard work that have transformed our business into a global, world-class food company,” said Chairman John H. Tyson. “I am confident we are working on the right things at the right time with the right effort...

Day: February 6, 2025

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