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Day: March 21, 2025

Annovis Provides Corporate Updates and Reports Fourth Quarter and Fiscal Year 2024 Financial Results

MALVERN, Pa., March 21, 2025 (GLOBE NEWSWIRE) — Annovis Bio Inc. (NYSE: ANVS) (“Annovis” or the “Company”), a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative diseases such as Alzheimer’s disease (AD) and Parkinson’s disease (PD), today provided corporate updates and fourth quarter/full year 2024 financial results. In 2024, Annovis made significant progress by advancing the buntanetap program, successfully completing two clinical trials—Phase 2/3 AD and Phase 3 PD. Both studies yielded promising results, reinforcing buntanetap’s ability to improve cognition in AD and PD patients, as well as motor function in PD patients. Building on this success, the FDA cleared Annovis to proceed with a pivotal Phase 3 trial in early AD, which was launched at the start...

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SaverOne Reports Full Year 2024 Results  

PETAH TIKVAH, Israel, March 21, 2025 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the full year 2024, and shared recent business updates. Recent HighlightsSaverOne continues to execute on its strategy of broadening its footprint globally with new pilots internationally as well as its local market; 5,400 systems have been ordered by customers as of March 20, 2025 (of which approximately 4,000 have been installed to-date) Signed new distribution agreements in Germany, UK, Spain/Portugal SaverOne’s US distribution partner brought its first US customer: FedEx Trucking Contractor MDM Express Vulnerable Road User (VRU) sensor potential: a leading consulting...

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ParaZero Announces 2024 Financial Results

TEL AVIV, Israel, March 21, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, reported today its financial results for year ended December 31, 2024. Key Highlights of ParaZero’s Achievements in 2024 & Recent Highlights:Sales increased by 50.2% to $932,154 for the year ended December 31, 2024, mainly thanks to shifting towards sales to OEM integrations, which couples with recuring revenues in addition to the traditional aftermarket segment. Since the beginning of 2025, the Company has significantly strengthened its cash position by completing a registered direct offering of aggregate gross proceeds of approximately $3.1 million, in addition to receiving $1.3 million...

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Dime Expands Lending Presence on Long Island

HAUPPAUGE, N.Y., March 21, 2025 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it has hired Antonia (Toni) Badolato as Senior Vice President and Group Leader. Toni comes to Dime from M&T Bank where she held the position of Senior Vice President, Group Manager. “I joined Dime given the organization’s commitment to growing their business lending presence. Dime’s ability to respond to customers quickly, combined with a flat organizational structure is a proven strategy for success. These qualities are key differentiators to win business and grow,” said Toni. Stuart H. Lubow, President and Chief Executive Officer of Dime said “Hiring Toni to help drive our growth in business lending is a win for Dime. Toni’s addition...

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Entourage Health Corp. Announces Shareholder Approval of Going-Private Transaction

TORONTO, March 21, 2025 (GLOBE NEWSWIRE) — Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) (the “Company” or “Entourage”) is pleased to announce that the shareholders of the Company (the “Shareholders”) have approved the proposed plan of arrangement (the “Arrangement”) involving 1001095275 Ontario Inc. (the “Purchaser”) and 2437653 Ontario Inc. (the “Guarantor”), both related parties of LiUNA Pension Fund of Central and Eastern Canada (“LiUNA”), at the special meeting of Shareholders (the “Meeting”) held earlier today. Pursuant to the Arrangement, the Purchaser will acquire all of the issued and outstanding common shares of the Company (the “Common Shares”) for cash consideration equal to $0.005 per share. The special resolution approving the Arrangement (the “Arrangement Resolution”) was approved at the Meeting...

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Silvaco Announces Departure of Chief Financial Officer

Reiterates First Quarter and Full Year 2025 Guidance SANTA CLARA, Calif., March 21, 2025 (GLOBE NEWSWIRE) — Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco” or the “Company”), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Chief Financial Officer, Ryan Benton, has resigned, effective April 11, 2025, to pursue a new career opportunity  outside of the semiconductor design industry. Mr. Benton will assist the Company to ensure a successful transition of his responsibilities prior to his departure. His resignation is not the result of any disagreement regarding the Company’s operations, accounting, or other policies or practices. Effective upon Mr. Benton’s resignation, Dr. Babak Taheri, Chief Executive Officer of the...

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Castor Maritime Inc. Announces the Sale of the M/V Magic Eclipse and of the M/V Magic Callisto for an Aggregate $28.0 Million

LIMASSOL, Cyprus, March 21, 2025 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that in March 2025, the Company entered into two separate agreements with entities beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Eclipse, a 2011-built Panamax bulk carrier vessel, and the M/V Magic Callisto, a 2012-built Panamax vessel, for a combined price of $28.0 million. The terms of each transaction were negotiated and approved by a special committee of our disinterested and independent directors. The vessels are expected to be delivered to their new owners during the remainder of the first half of 2025. About Castor Maritime Inc. Castor Maritime Inc. is a diversified...

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Century Aluminum Names Veteran Executive Peter Trpkovski Chief Financial Officer

CHICAGO, March 21, 2025 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ:CENX) announced today that its Board of Directors has appointed Peter Trpkovski to be the Company’s next Executive Vice President and Chief Financial Officer. As CFO, Trpkovski will build on his 12-years of experience at Century and focus on advancing the Company’s strategic initiatives, strengthening financial operations, and driving value for stakeholders. Trpkovski will also continue to serve as Century’s Treasurer. He succeeds Jerry Bialek, who is departing the Company following a planned transition. “Pete’s appointment ensures continuity and steady leadership for our business as we look to drive superior performance in 2025 and beyond,” said Jesse Gary, President and CEO of Century Aluminum. “Pete has extensive knowledge of Century’s operations and...

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3D Systems Announces Date of Fourth Quarter and Full Year 2024 Financial Results

ROCK HILL, S.C., March 21, 2025 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) announced today it will release its financial results for the fourth quarter and full year 2024 and provide 2025 guidance after the U.S. stock markets close on Wednesday, March 26, 2025. The company will hold a conference call and simultaneous webcast to discuss these financial results and outlook on Thursday, March 27, 2025 at 8:30 a.m. Eastern Time. Fourth Quarter and Full Year 2024 Financial Results Conference CallDate: Thursday, March 27, 2025Time: 8:30 a.m. Eastern TimeListen via webcast: www.3dsystems.com/investorParticipate via telephone: 201-689-8345 The webcast replay will be available approximately two hours after the end of the conference call at www.3dsystems.com/investor. About 3D Systems More than 35 years ago, 3D Systems brought the innovation...

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