Day: February 14, 2025

KM QUAD Announces Entering into a Merger Agreement with Quetta Acquisition Corporation

Written by Customer Service on February 14, 2025. Posted in Mergers And Acquisitions.

JIUJIANG, China, Feb. 14, 2025 (GLOBE NEWSWIRE) — KM QUAD, a Cayman Islands company (“KM QUAD” or the “Company”), the parent company of Jiujiang Lida Technology Co., Ltd., a film product design and manufacturer in China (the “ Lida Technology”), announced today that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) for a business combination with Quetta Acquisition Corporation (Nasdaq: QETA, QETAR, QETAU), a special purpose acquisition company incorporated in Delaware (“Quetta”). Upon consummation of the transaction contemplated by the Merger Agreement, (i) Quetta will reincorporate by merging with and into Quad Global Inc., a Cayman Islands exempted company and wholly-owned subsidiary of Quetta (“Quad Global”), and (ii) concurrently with the reincorporation merger, Quad Group Inc., a Cayman Islands exempted...

Natural Alternatives International, Inc. Announces 2025 Q2 and YTD Results

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

CARLSBAD, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) — Natural Alternatives International, Inc. (“NAI”) (Nasdaq: NAII), a leading formulator, manufacturer, and marketer of customized nutritional supplements, today announced a net loss of $2.2 million, or $0.37 per diluted share, on net sales of $34.1 million for the second quarter of fiscal year 2025 compared to a net loss of $3.1 million, or $0.52 per diluted share, in the second quarter of the prior fiscal year. Net sales during the three months ended December 31, 2024, increased $8.9 million, or 35%, to $34.1 million as compared to $25.2 million recorded in the comparable prior year period. During the same period, private-label contract manufacturing sales increased 40% to $32.3 million. Private-label contract manufacturing sales increased primarily due to increased...

GOGL – Changes to the Board composition

Written by Customer Service on February 14, 2025. Posted in Public Companies.

Golden Ocean Group Limited (“GOGL” or “the Company”) announces the appointment of Ms. Tonesan Amissah as Director of the Company. Tonesan Amissah is a Barrister and Attorney-at-Law with over 30 years of experience in international corporate law. Ms. Amissah is currently a Client Director at Ocorian Services (Bermuda) Limited, a global fiduciary and corporate services company where she oversees all aspects of client service. Ms. Amissah is a former partner of Appleby (Bermuda) Limited, where she led the funds & investment services team and was a senior member of the firm’s corporate department, having joined Appleby in 1989. She also serves as a director of companies in the insurance space. Ms. Amissah holds a law degree from the London School of Economics and Political Science, she qualified as a Barrister at the Honourable Society...

Comstock Announces Reverse Stock Split

Written by Customer Service on February 14, 2025. Posted in Public Companies.

VIRGINIA CITY, Nev., Feb. 14, 2025 (GLOBE NEWSWIRE) — Comstock Inc. (“Comstock”) (NYSE American: LODE), a leading innovator of renewable energy-enabling technologies that contribute to energy abundance by efficiently extracting and converting under-utilized natural resources today announced a reverse split of its common stock, $0.000666 par value (“Common Stock”), at a ratio of 1-for-10 (the “Reverse Split”), effective February 24, 2025, and that the Common Stock will begin trading on a split-adjusted basis when the market opens on February 25, 2025, resulting in approximately 23,767,578 shares outstanding. Under Nevada law, because the Reverse Split was approved by the shareholders of the Company on February 14, 2025, and in accordance with NRS Section 78.2055, the Company may effect the Reverse Split without correspondingly...

Synaptics Reports Inducement Grants Following Completion of Broadcom Agreement

Written by Customer Service on February 14, 2025. Posted in Public Companies.

SAN JOSE, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA) today announced that on February 17, 2025, it will grant restricted stock unit (“RSU”) awards to new employees who joined Synaptics in connection with the previously announced asset purchase transaction between Synaptics and Broadcom Inc. which closed on January 30, 2025. Pursuant to that transaction, Synaptics also entered into a licensing agreement with Broadcom that includes Broadcom’s Wi-Fi® 8, ultra-wideband, Wi-Fi 7, advanced Bluetooth®, and next-generation GPS/GNSS products and technology for the IoT and Android™ ecosystem, further accelerating Synaptics’ Edge AI strategy. “We are excited to welcome our new team members to Synaptics and look forward to building a bright and successful future together,” said Venkat Kodavati, SVP...

Fiverr to Unveil a Transformative New Era of Work in Live Broadcast from New York City on February 18, 2025

Written by Customer Service on February 14, 2025. Posted in Public Companies.

The public can watch the global livestream at 11 a.m. ET NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) — The world of talent is evolving and Fiverr (NYSE: FVRR), the global company changing the way the world works together, will be broadcasting live to the public from New York City to unveil a transformative new era of work. The livestream will feature an exclusive keynote from Fiverr’s founder and CEO, Micha Kaufman, followed by an insightful conversation on what’s ahead. Livestream DetailsWhen: Tuesday, February 18th, 2025 at 11 a.m. ET Where to watch: https://fvrr.co/4gHqssLAbout FiverrFiverr’s mission is to change how the world creates and works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune...

American Battery Technology Company Releases Second Quarter Fiscal Year 2025 Financial Report

Written by Customer Service on February 14, 2025. Posted in Public Companies.

Company demonstrates significantly increased throughput at its first lithium-ion battery recycling facility, and continues development of two additional critical mineral facilities Reno, Nev., Feb. 14, 2025 (GLOBE NEWSWIRE) — American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery minerals company that is commercializing its first-of-kind technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its second quarter fiscal year (FY) 2025 financial results, for the period ending December 31, 2024. Company Highlights from Second Fiscal Quarter 2025: ABTC successfully implemented several key process enhancements to its first battery recycling near Reno, Nevada during the quarter. This required a temporary pause in operations,...

Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation Approve Proposed Merger

Written by Customer Service on February 14, 2025. Posted in Mergers And Acquisitions.

ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y., Feb. 14, 2025 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, today announced that at separate special meetings the shareholders of both companies approved proposals relating to the pending merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur in the second quarter of 2025, subject to the receipt of regulatory approval and other customary closing conditions. “We are pleased that shareholders demonstrated strong support for this compelling transaction,” commented Frank Sorrentino III, Chairman and Chief Executive Officer...

Edesa Biotech Reports Fiscal 1st Quarter 2025 Results

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, Feb. 14, 2025 (GLOBE NEWSWIRE) — Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseases, today reported financial results for the three months ended December 31, 2024 and provided an update on its business. During the quarter, the company advanced its main asset, EB06, an anti-CXCL10 monoclonal antibody candidate being developed for the effective and durable treatment of vitiligo. Preparation for the manufacturing campaign is underway, with data anticipated to be submitted to regulators at the U.S. Food and Drug Administration (FDA) during the middle of 2025. The company intends to pursue an investigational new drug (IND) application for a Phase 2 study in moderate-to-severe nonsegmental vitiligo patients. Edesa anticipates...

Cemtrex Reports First Quarter Fiscal Year 2025 Financial Results

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

Hauppauge, NY, Feb. 14, 2025 (GLOBE NEWSWIRE) — Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its financial and operational results for the fiscal first quarter ended December 31, 2024. Key Highlights for First Fiscal Quarter 2025Revenue for Q1’25 decreased 19% to $13.7 million, compared to revenue in the prior year of $16.9 million. AIS revenue increased 7% to $8.3 million, capitalizing on strategic acquisitions and growing market demand. Vicon Innovations: Launched NEXT™ Modular Camera System, integrating groundbreaking AI analytics and Hailo-15 edge AI processing, poised to redefine the surveillance industry. Strategic Momentum: Secured a record-breaking $10.4 million order for Valerus surveillance system expansionManagement Commentary Cemtrex Chairman...

Day: February 14, 2025

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