Month: March 2025

WOBURN, Mass., March 10, 2025 (GLOBE NEWSWIRE) — Abpro Holdings, Inc. (Nasdaq:ABP) (“Abpro”), a biotechnology company dedicated to advancing next-generation antibody therapies for severe and life-threatening diseases announced today the departure of Chief Executive Officer Ian Chan. Commenting on the leadership change, Abpro Board Chairman and CEO Miles Suk, said, “As disclosed in our regulatory filing on Friday, the Board has decided to part ways with Ian Chan. I want to thank Ian for his service and wish him well. This leadership transition, however, does not affect our stability or direction. Instead, it marks the first step toward a stronger, more promising future. We remain fully committed to ABP 102/CT-P72, our joint development with Celltrion, and the other key initiatives driving our growth.” Abpro Chief Medical...

Achievement attests to the quality and reliability of Weebit ReRAM IP for automotive-grade products HOD HASHARON, Israel, March 10, 2025 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT) (Weebit or Company), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, has completed AEC-Q100 150°C operation qualification of its Resistive Random-Access Memory (ReRAM) module in semiconductor manufacturer SkyWater Technology’s 130nm CMOS process. This achievement confirms the quality and reliability of Weebit’s embedded ReRAM non-volatile memory (NVM) technology for high-temperature automotive applications. AEC-Q100 is the standard automotive stress test qualification for integrated circuits (ICs). The Weebit ReRAM module was qualified according to the AEC-Q100 standard for Non-Volatile Memory...

BROOKFIELD, News, March 10, 2025 (GLOBE NEWSWIRE) — Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield Renewable”) today announced that it has agreed to issue C$450 million aggregate principal amount of Series 19 Notes (the “Notes”), due October 12, 2035, which will bear interest at a rate of 4.542% per annum. Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries. The Notes will be issued pursuant to a base shelf prospectus dated September 8, 2023 and a related prospectus supplement and pricing supplement to be dated March 10, 2025. The issue is expected to close on or about March 12, 2025 subject to customary closing conditions. The Notes...

HARTSVILLE, S.C., March 10, 2025 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable paper and metal packaging, today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 10, 2025. According to John Florence, General Counsel, Secretary and Vice President and General Manager, Industrial Paper Packaging North America, the price change is necessitated by continued inflation in input costs and tightening market conditions. “Sonoco is committed to continuously improving our product offerings and pricing strategies to serve our customers better. As part of this commitment, we are also realigning to value-based pricing and transitioning...

HOUSTON, March 10, 2025 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has completed the redemption of its outstanding warrants (the “Warrants”) to purchase shares of the Company’s Class A common stock, $0.0001 par value per share (the “Class A Common Stock”), that remained unexercised at 5:00 p.m., New York City time, on March 6, 2025 (the “Redemption Date”) for a redemption price of $0.01 per Warrant (the “Redemption Price”). On February 4, 2025, the Company issued a press release stating that, pursuant to the Warrant Agreement dated as of September 21, 2021 (the “Warrant Agreement”), by and between the Company (f/k/a Inflection Point Acquisition Corp.) and Continental Stock Transfer...

GUELPH, Ontario, March 10, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) today announced that it will release its financial results for the Fourth Quarter and Year ended December 31, 2024, on Thursday, March 20, 2025, after markets close. Following the release of its financial results, HPS will hold a conference call and webcast on Friday, March 21, 2025, at 9:00 a.m. Eastern Time. This call can be accessed by registration through participant links: Date/Time: March 21, 2025/ 9 a.m. ET Live Call Participant Registration Link:https://register-conf.media-server.com/register/BI0b44fda226074db8a3ae02b5963c4541 Audio-Only Webcast:https://edge.media-server.com/mmc/p/eft3asej A webcast replay will be available for 12 months. ABOUT HAMMOND POWER SOLUTIONS INC.Hammond Power Solutions Inc. (“HPS”...