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Day: March 24, 2025

Performance Shipping Inc. Announces Sale of 2011-Built Aframax Vessel M/T P. Yanbu for US$39 Million and Completion of Delivery to Her New Owners

ATHENS, Greece, March 24, 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 signed a Memorandum of Agreement to sell the 2011-built, 105,400 dwt Aframax tanker vessel, M/T P. Yanbu, to an unaffiliated third party for a gross sale price of US$39 million. The vessel was successfully delivered to her new owner today. The vessel was debt free at the time of sale. The Company acquired the M/T P. Yanbu in the fourth quarter of 2020 for US$22 million. This sale is expected to generate a gain of approximately US$21.5 million in the first quarter of 2025, excluding any commissions and transaction related costs. Commenting on this transaction, Andreas...

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Blue Star Foods Launches Asian Food Division

Expected to Drive Incremental and Meaningful Sales Growth Miami, FL, March 24, 2025 (GLOBE NEWSWIRE) — Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (OTCQB: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced it recently added an Asian Food Division with a focus on high value sushi categories. Since February 1, 2025, the Company launched and commercialized under the Blue Star Brand, in order to take advantage of the increasing popularity of Japanese cuisine, health-conscious dining preferences, and the growing demand for authentic sushi experiences that are driving the market expansion. High value sushi categories such as Hamachi, responsibly raised & harvest in Japan’s Kagawa prefecture, Seto...

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ZOOZ Power’s Kinetic Power Booster Powers Ultra-Fast EV Charging at New York Power Authority Work Site in Upstate New York

Tel-Aviv, Israel, March 24, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems enabling ultra-fast EV charging solutions, is successfully operating its ZOOZTER™-100 kinetic power booster at a New York Power Authority (NYPA) work site in Marcy, N.Y. This, the first deployment of ZOOZ Power’s technology in a power utility in the United States is a significant step toward accelerating the adoption of ultra-fast EV charging in locations with grid constraints. The ZOOZTER™-100 system, installed in partnership with NYPA, is now actively boosting the grid power and efficiency at the site’s high-power EV charging station. This enables faster and more accessible charging for NYPA fleet and other electric vehicles, delivers extra power...

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Diana Shipping Inc. Announces Time Charter Contract for m/v Leto with Cargill

ATHENS, Greece, March 24, 2025 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International SA, Geneva, for one of its Panamax dry bulk vessels, the m/v Leto. The gross charter rate is US$12,750 per day, minus a 4.75% commission paid to third parties, for a period until minimum July 16, 2026 up to maximum September 16, 2026. The charter is expected to commence on March 31, 2025. The “Leto” is an 81,297 dwt Panamax dry bulk vessel built in 2010. The employment of “Leto” is anticipated to generate approximately US$5.93 million of gross revenue for the minimum scheduled period of the time charter. Diana...

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MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.

SHENZHEN, March 24, 2025 (GLOBE NEWSWIRE) — MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share. Shenzhen, China, March. 24, 2025 – MicroAlgo Inc. (NASDAQ: MLGO), (the “Company”or “MicroAlgo”), today announced the plan to issue more new shares. Considering that MicroAlgo Inc. entered into a convertible bond purchase agreement with creditors on October 7, 2024, with a total amount of US$20 million. These bonds have a maturity period of 360 days. According to the convertible bond purchase agreement, the bonds are convertible into common shares at a conversion price equal to 70% of the lowest closing market price during the 60 trading days preceding the conversion request.MicroAlgo Inc. has received notice from the creditors under this US$20 million convertible bond purchase agreement,...

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Anaptys Announces Stock Repurchase Plan

SAN DIEGO, March 24, 2025 (GLOBE NEWSWIRE) — AnaptysBio, Inc. (Nasdaq: ANAB), a clinical-stage biotechnology company focused on delivering innovative immunology therapeutics, today announced that its Board of Directors has authorized a Stock Repurchase Plan under which the Company may repurchase up to $75,000,000 of the Company’s outstanding common stock, par value $0.001 per share. Anaptys has cash, cash equivalents and investments greater than $420 million as of December 31, 2024, and anticipates receipt of a $75 million commercial sales milestone payment from GSK in 2025 or 2026. Notwithstanding the potential full execution of the Stock Repurchase Plan, the Company reiterates its previous cash runway guidance through year-end 2027 to execute its research and development plan, excluding potential future royalties from its GSK...

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Maris-Tech to Report Full Year 2024 Financial Results and Provide Corporate Updates on April 2, 2025

The Company will host a webinar with investors on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time Rehovot, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it will host a webinar on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time, to discuss the Company’s 2024 financial results and provide an update on its business operations and annual highlights, following the expected release of the Company’s financial results for the year ended December 31, 2024 and the filing of the related Annual Report on Form 20-F with the Securities and Exchange Commission (“SEC”) on March 28, 2025. Webinar Information: Date: Wednesday, April 2, 2025 Time: 9:00 a.m.,...

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Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models

Strategic Expansion Strengthens Its position in AI, complementing TGL’s growing e-commerce ecosystem KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) — Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Nasdaq-listed technology company, today announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia. This initiative represents a significant milestone in TGL’s expansion into enterprise-grade AI infrastructure, enabling the next generation of large language models (LLMs), computer vision systems, and generative AI applications. Development of AI cloud platform...

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Silynxcom Advances its Revolutionary In-Ear Communication Solution with Real-Time Vital Signs Monitoring

New potentially life-saving solution aims to enhance combat communication and safety Netanya, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced its latest innovation, the development of a tactical sound protection in-ear headset that combines real-time vital life signs monitoring with high communication capabilities. This advanced solution is designed to provide crucial health insights and real-time alerts for users in combat or high-risk environments. The new in-ear headset will integrate seamlessly with existing communication networks used in military and commercial operations with the transmission of alerts to commanders and command centers, even when the user is incapacitated....

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Standard Lithium Reports Results for Six Month Fiscal Period Ended December 31, 2024

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium company, today announced its financial and operating results for the six month fiscal period ended December 31, 2024. “The last year has been crucial for the Company as we move ever closer to a final investment decision, construction, and subsequent production at the South West Arkansas project, and continue to expand our leasehold footprint in East Texas. Our goal as we exited 2024 was to prioritize, focus, and execute, and we continue to do just that,” said David Park, Chief Executive Officer and Director of Standard Lithium. “We closed on our $225 million grant from the U.S. Department of Energy, which is a testament to the caliber of our...

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