Month: March 2025

First Advantage to Participate in Wolfe Research FinTech Forum

Written by Customer Service on March 4, 2025. Posted in Public Companies.

ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) — First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening, identity, and verification solutions, today announced that Company management will participate in a fireside chat at the Wolfe Research FinTech Forum in New York City at 8:00am ET on Tuesday, March 11, 2025. Company management will also host private meetings with investors throughout the day. The live webcast will be available on the First Advantage investor relations website at https://investors.fadv.com/news-events/events-presentations. Subsequent replays, to the extent available, will also be posted to the investor relations website for a limited time following the event. About First Advantage First Advantage (NASDAQ: FA) is a leading global provider of employment background screening,...

Wellgistics Health, Inc. Announces Leadership Transition: Brian Norton Appointed as CEO Following Tim Canning’s Departure

Written by Customer Service on March 4, 2025. Posted in Public Companies.

TAMPA, FL, March 04, 2025 (GLOBE NEWSWIRE) — Wellgistics Health, Inc. (NASDAQ: WGRX) (the “Company”), a holding company for various existing and planned strategic businesses centered around healthcare technology and pharmaceutical services, today announced that Tim Canning, Chief Executive Officer, will be departing the company. Mr. Canning’s leadership tenure helped guide Wellgistics Health through pivotal phases, and the Company expresses gratitude for his contributions. Brian Norton has been officially appointed as Chief Executive Officer. Mr. Norton has a proven track record of success and expertise in healthcare, technology, and pharmaceutical supply chain innovation and has led high-performing teams to accelerate market growth and revenue recognition. His ability to align on business strategy with operational execution has...

Diversified Royalty Corp. Announces March 2025 Cash Dividend and Q4 2024 Earning Release Date

Written by Customer Service on March 4, 2025. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, March 04, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of March 1, 2025 to March 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on March 31, 2025 to shareholders of record as of the close of business on March 14, 2025. Q4 2024 Earnings Release Date DIV will release earnings results for the three months and year ended December 31, 2024 following the closing of regular trading on the Toronto Stock Exchange on March 24, 2025. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location...

Daxor Corporation Reports Increase in NAV to $7.25 Per Share and 116.5 Percent Increase in Unaudited Revenue of Operating Division for the Year Ended December 31, 2024

Written by Customer Service on March 4, 2025. Posted in Public Companies.

Strong Start to 2025 with Unaudited Revenue Increases Leading to Cash Flow Positive Operating Company Results Oak Ridge, TN, March 04, 2025 (GLOBE NEWSWIRE) — Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, announces today the filing of its Annual Report to Shareholders on Form N-CSR, disclosing its schedule of portfolio holdings as of December 31, 2024. Management reported a NAV of $7.25 per share for fiscal 2024 versus $7.08 for the comparable period in 2023. The company has reported a successful 2024 and an even stronger start to 2025, driven by a series of strategic advancements in product development, revenue growth, and key acquisitions. Daxor continues to focus on transforming patient care through its innovative blood volume analysis (BVA) systems, with a mission to improve patient...

ATN Reports Fourth Quarter and Full Year 2024 Results; Provides 2025 Outlook

Written by Customer Service on March 4, 2025. Posted in Earnings Releases And Operating Results.

Fourth Quarter and Full Year 2024 Financial HighlightsGrew total high-speed subscribers by 3% Expanded high-speed broadband homes passed by 16% Fourth-quarter revenues declined 9% to $180.5 million year over year; Full-year revenues declined 4% to $729.1 million, impacted by the conclusion of the Emergency Connectivity Fund (ECF) program Fourth quarter operating income increased to $8.7 million year over year; Full year operating income decreased to a loss of $0.8 million Fourth quarter net income was $3.6 million, or $0.14 per diluted share, including an $8.9 million tax benefit; Full-year net loss was $(26.4) million, or $(2.10) per share, including a goodwill impairment charge of $35.3 million taken in the third quarter Fourth quarter Adjusted EBITDA1 decreased 9% year over year to $46.2 million; Full-year Adjusted EBITDA1 decreased...

Silvaco Expands Product Offering with Acquisition of Cadence’s Process Proximity Compensation Product Line

Written by Customer Service on March 4, 2025. Posted in Mergers And Acquisitions.

SANTA CLARA, Calif., March 04, 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 the strategic acquisition of the Process Proximity Compensation (“PPC”) product line of Cadence (Nasdaq: CDNS). The addition of the PPC product line – an optical proximity correction (“OPC”) suite of tools highly complementary to Silvaco’s EDA and TCAD suite, along with its cutting-edge technology and talented team, will strengthen Silvaco’s market position and accelerate its mission to empower customers in designing next-generation semiconductor processes and devices with greater accuracy and efficiency. The Company expects this acquisition to...

CMB.TECH buys Hemen stake in Golden Ocean

Written by Customer Service on March 4, 2025. Posted in Public Companies.

Press release Belgium, March 04, 2025 (GLOBE NEWSWIRE) — CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH” or the “Company”) is pleased to announce that it has entered into a share purchase agreement with Hemen Holding Limited (“Hemen”), for the acquisition of 81,363,730 shares in Golden Ocean Group Limited (“Golden Ocean”) (NASDAQ: GOGL & Euronext: GOGL) (representing ca. 40.8%[1] of Golden Ocean’s outstanding shares and votes which includes all Golden Ocean shares controlled by Hemen), at a price of 14.49 USD per share (the “Transaction”). The Transaction will not trigger a mandatory takeover bid or similar offer in Bermuda, Norway, the United States, or any other jurisdiction. This acquisition is in line with CMB.TECH’s strategic objective of diversification, with the Company intending to become a long-term shareholder...

Fuel Tech Reports 2024 Fourth Quarter and Full Year Financial Results

Written by Customer Service on March 4, 2025. Posted in Earnings Releases And Operating Results.

WARRENVILLE, Ill., March 04, 2025 (GLOBE NEWSWIRE) — Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2024. “Revenues for full year 2024 came in at the lower end of our guidance range of $25 million to $26 million, due primarily to the impact of delayed project execution and to the timing of Air Pollution Control (APC) awards offset by a stronger performance at our FUEL CHEM® business segment,” said Vincent J. Arnone, President and CEO. “We continued our stewardship of selling, general and administrative expenses and ended the year in a strong financial position, with approximately $30 million...

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares First Quarter Common Stock Distribution of $0.1305 Per Share

Written by Customer Service on March 4, 2025. Posted in Dividend Reports And Estimates.

TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1305 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on March 28, 2025 to stockholders of record at the close of business on March 14, 2025 (ex-dividend on March 14, 2025). The price of shares issued for reinvestment will be determined on March 21, 2025. The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of 1.50% of the...

Enstar Completes Previously Announced Transaction with Atrium Syndicate 609

Written by Customer Service on March 4, 2025. Posted in Mergers And Acquisitions.

HAMILTON, Bermuda, March 04, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today its Lloyd’s syndicate (“Syndicate 2008”), managed by Enstar Managing Agency Limited, has completed the previously announced transaction with Atrium Syndicate 609, managed by Atrium Underwriters Limited. Under the terms of the loss portfolio transfer agreement, Atrium Syndicate 609 ceded net loss reserves of approximately $196 million, based on Atrium’s carried reserves as at Q3 2024, to Enstar’s Syndicate 2008. The reinsurance relates to business underwritten in the 2023 and prior years of account, with all claims handling transferring to Syndicate 2008. Completion of the transaction followed receipt of regulatory approvals and satisfaction of various other closing conditions. About Enstar Enstar is a NASDAQ-listed...

Month: March 2025

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