Day: March 6, 2025

Wilmington, Delaware, March 06, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from February 28, 2025 to March 28, 2025, on February 28, 2025, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $55,823.8, or for $0.05 per Class A ordinary share held by public shareholders (the “Monthly Extension Payment”). Pursuant to the Company’s fourth amended & restated memorandum and articles of association (“Current Charter”), effectively January 9, 2025, the Company may extend on a monthly basis from January...

SARASOTA, Fla., March 06, 2025 (GLOBE NEWSWIRE) — Oragenics, Inc. (NYSE American: OGEN), a biotechnology company advancing innovative treatments for concussion and brain-related health conditions, today announced the submission of its Investigator’s Brochure (IB) application in preparation for its Phase II clinical trial using ONP-002 in Australia. This milestone represents an important step in advancing ONP-002, a novel intranasal neurosteroid, as a potential treatment for mild traumatic brain injury (mTBI), commonly known as concussion. ONP-002 has demonstrated promising preclinical results, showing the potential to reduce inflammation, oxidative stress, and brain swelling. A prior Phase I study in healthy adults confirmed the drug’s safety and tolerability at multiple intranasal doses. This upcoming Phase II study aims to establish...

ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel (the “Vessel”). This concludes the financing for all three newbuilding LNG-ready, scrubber-fitted LR2 product/crude oil tanker vessels of approximately 114,000 dwt each expected to be delivered to the Company in August and September 2025, and January 2026. The bareboat financing amount totals US$45 million. As part of this agreement, the Vessel will be sold and then chartered back to the Company on a bareboat basis for an eight-year...

PITTSBURGH, March 06, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, announces its executives’ participation in key thought leadership panels at OFC 2025, the premier global event for optical networking and communications. Coherent Chief Executive Officer Jim Anderson will be a featured panelist on the CEO Panel at the Optica Executive Forum, taking place on Monday, March 31, at the Marriott Marquis San Francisco. He will share his perspectives on the pivotal role that Coherent plays in optical networking and the AI revolution. Additionally, Chief Technology Officer Dr. Julie Eng will address the “Status of Photonic-enabled Modules” at the same event. Dr. Sanjai Parthasarathi, Chief Marketing Officer, will share his insights at one of OFC’s most highly attended events: the opening Market...

Eric Crusius, Partner, HuntonEric Crusius, Partner, HuntonWashington, March 06, 2025 (GLOBE NEWSWIRE) — Hunton Andrews Kurth LLP is pleased to welcome new partner Eric S. Crusius, a veteran government contracts attorney who will lead the firm’s practice in Washington.* Crusius, who joins the firm from Holland & Knight LLP, has more than two decades of experience in private practice advising state and federal government contractors. His practice includes representing clients prosecuting and intervening in bid protests before the U.S. Court of Federal Claims, U.S. Government Accountability Office, boards of contract appeals and other federal agencies. He advises clients on the Service Contract Act and related labor issues, domestic preferences, export controls, cybersecurity, subcontracting and teaming agreements, and...

FALLS CHURCH, Va., March 06, 2025 (GLOBE NEWSWIRE) — Cycurion, Inc. (Nasdaq: CYCU), a trusted leader in IT cybersecurity solutions and AI, announces a nationwide expansion of its strategic partnership with CentralSquare Technologies, LLC to deliver its IT services across the country. Through this collaboration, Cycurion will offer its highly effective project management, change management, curriculum development, and training services in partnership with CentralSquare Technologies outside of the Chicago area and expand to other large urban areas in the United States. Public Safety agencies are constantly seeking ways to improve response times and increase the amount of information available to first responders. With CentralSquare Technologies’ public safety products and Cycurion’s IT services, the companies believe that public...

Cooperative to Leverage Fiber Network to Improve Grid Resiliency and Reliability Across Rural Service Territory LIBERTY LAKE, Wash., March 06, 2025 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and its channel partner, National Rural Telecommunications Cooperative (NRTC), are working together with Arkansas Valley Electric Cooperative Corporation (AVECC), to improve grid resiliency and reliability for AVECC’s members across the Arkansas River Valley. AVECC is leveraging its existing fiber optic network to unlock a broad range of applications at the grid edge. As part of the collaboration, AVECC is deploying Itron’s Gen5 Riva® smart meters and connecting them to Itron’s fiber-enabled communications technology. This smart grid project, which was awarded...