Day: February 13, 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Oslo, 13 February, 2025: Reference is made to the stock exchange announcement published by Ultimovacs ASA (“Ultimovacs” or the “Company”) on 17 December 2024 regarding the agreement to combine its business with Zelluna Immunotherapy AS, the fully committed private placement (the “Private Placement”), and the intention to carry out a subsequent repair offering (the “Subsequent Offering”), depending, inter alia, on the development of the price of the shares in the Company after completion of the Private Placement.  The board of directors of the Company has resolved not to proceed...

Technip Energies expands in IndiaTechnip Energies expands in India with a new office and a Research & Innovation CenterTechnip Energies (PARIS:TE) announces a strategic expansion in India with the opening of a new office near Ahmedabad in Gujarat International Finance Tec-City (GIFT City) and the inauguration of a state-of-the-art Research and Innovation Center set up within the Indian Institute of Technology Madras (IITM) Research Park in Chennai. These strategic initiatives strengthen Technip Energies’ presence in India, enabling the company to deliver innovative, sustainable, and cost-effective energy solutions to clients both domestically and globally. The new office in Ahmedabad is Technip Energies’ fourth operating center in India. Strategically located between Ahmedabad and Gandhinagar in GIFT City India’s...

BREA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that it will effect a 1-for-60 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on Feb. 18, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol MULN and will begin trading on a split-adjusted basis when the market opens on Feb. 18, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P604. The Reverse Stock Split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining...

Chris Craft receives honorable mention recognition during Innovation Awards EDEN PRAIRIE, Minn., Feb. 13, 2025 (GLOBE NEWSWIRE) — Winnebago Industries (NYSE: WGO), a leading outdoor recreation product manufacturer, announced today that the company’s marine brands, Barletta Pontoon Boats and Chris-Craft, have been recognized with 2024 Customer Satisfaction Index (CSI) Awards by The National Marine Manufacturers Association (NMMA) at the 2025 Discover Boating® Miami International Boat Show®. The Marine Industry Customer Satisfaction Awards are presented to manufacturers and dealers who are rated highest in overall satisfaction. These ratings are based on all data collected from customer surveys and is used to help improve the quality of products, develop support programs, track trends, and monitor and advance customer satisfaction...

Northern Horizon Capital AS has decided to initiate the termination of Baltic Horizon Fund’s Swedish Depositary Receipts (the „SDR“) program and delist the SDRs from Nasdaq Stockholm. The delisting is expected to take place in August 2025 at the earliest. The reason behind the decision is that the number of SDRs held by Baltic Horizon Fund investors and trading on Nasdaq Stockholm has considerably decreased. As of 29 January 2025, the total amount of SDRs was 7,902,390, amounting to approximately 5.5% of all the outstanding units, compared to 24,077,945 SDRs as of 31 December 2023, approximately 25%. According to the information available to the fund manager, many of the Baltic Horizon Fund´s Swedish investors have already converted their SDRs to Estonian fund units and, thus, can trade on Nasdaq Tallinn. This, in turn has reduced...

Northern Horizon Capital AS has decided to initiate the termination of Baltic Horizon Fund’s Swedish Depositary Receipts (the „SDR“) program and delist the SDRs from Nasdaq Stockholm. The delisting is expected to take place in August 2025 at the earliest. The reason behind the decision is that the number of SDRs held by Baltic Horizon Fund investors and trading on Nasdaq Stockholm has considerably decreased. As of 29 January 2025, the total amount of SDRs was 7,902,390, amounting to approximately 5.5% of all the outstanding units, compared to 24,077,945 SDRs as of 31 December 2023, approximately 25%. According to the information available to the fund manager, many of the Baltic Horizon Fund´s Swedish investors have already converted their SDRs to Estonian fund units and, thus, can trade on Nasdaq Tallinn. This, in turn has reduced...

Press Release – No. 3 / 2025 Zealand Pharma conference call on February 20 at 2pm CET (8am ET) to present full year 2024 financial results Copenhagen, Denmark, February 13, 2025 – Zealand Pharma A/S (Nasdaq Copenhagen: ZEAL) (CVR-no. 20045078), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, announces that it will host a conference call on February 20, 2025, at 2:00 pm CET (8:00 am ET) following the announcement of financial results for the full year of 2024. Participating in the call will be President and Chief Executive Officer, Adam Steensberg; Chief Financial Officer, Henriette Wennicke; Chief Medical Officer, David Kendall; and Chief Commercial Officer, Eric Cox. There will be a presentation followed by a Q&A session. The live listen-only audio webcast of the call and accompanying...

The main results from the Company’s Financial Statements for the year 2024 are:Income from operations amounted to ISK 11,495 millionThereof, rental income amounted to ISK 9,896 millionOperating profit before changes in value and depreciation amounted to 7,341 million Total comprehensive profit amounted to ISK 6,477 million. Net cash from operations amounted to ISK 4,875 million. The book value of investment properties amounted to ISK 145,471 million.  The book value of assets for own use amounted to ISK 5,852 million Change in value of investment properties amounted to ISK 7,327 million. Cash and cash equivalents amounted to ISK 3,594 million. Interest-bearing debt amounted to ISK 85,098 million Equity ratio was 33.7%. Earnings per share was ISK 1.9. Economic occupancy rate was 93.6% Weighted indexed interest was 3.59%. Weighted...

Heimar Profits 8.2 billion in 2024   – Continued Real Revenue Growth and Strong Cost Control  Key Highlights of the Annual Financial Report Operating revenue amounted to ISK 14.8 billion in 2024, with rental income increasing by 7.9% from the previous year, representing an increase of nearly 1.5% beyond inflation.  EBITDA totaled ISK 10.1 billion and increases by 6.9% from previous year. Net profit was ISK 8.2 billion compared to ISK 3.8 billion in 2023. Investment properties were recorded at ISK 191.4 billion. The fair value adjustment of investment properties amounted to ISK 8.2 billion in 2024. Cash flow from operations totaled ISK 5.9 billion, while cash and cash equivalents stood at ISK 3.8 billion at the end of the period. Interest-bearing debt amounted to ISK 117.7 billion at the end of the...

ST. JOHN’S, Newfoundland and Labrador, Feb. 13, 2025 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is saddened to announce the passing of Founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022.   “An ideas man and a builder, Karl’s energy was as relentless as his passion to compete against the bigger industry players,” said Greg Reid, President and CEO of Kraken Robotics. “He was an incredible force that drove Kraken to success. On behalf of the Board of Directors, management and employees, he will be sorely missed.” Karl grew up in a small fishing village in Newfoundland with a deep connection...