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Month: March 2025

VivoPower International PLC Announces Intent to Spin-Off of Caret Digital via a Direct Listing on Nasdaq and Dividend Share Distribution

VivoPower subsidiary, Caret Digital, to be spun off via a direct Nasdaq listing VivoPower shareholders as of a future record date, to receive 5 Caret Digital dividend shares per VivoPower share held Implied market capitalisation of $250m (subject to change depending on market conditions and quantum of capital raising) Caret Digital to focus on Dogecoin (DOGE) mining with BTC conversion to optimize returns and yield LONDON, March 20, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) announced today that it has engaged advisors to support in executing its plan to spin off its subsidiary, Caret LLC (“Caret Digital”), through a direct listing on the Nasdaq Stock Market (“Nasdaq”). The decision to effectuate a spin off via a direct listing rather than...

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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Andromeda With Cargill

ATHENS, Greece, March 20, 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 Ocean Transportation (Singapore) Pte. Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Andromeda. The gross charter rate is US$14,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum November 15, 2025 up to maximum January 15, 2026. The charter is expected to commence on March 29, 2025. The m/v DSI Andromeda is currently chartered, as previously announced, to Bunge SA, Geneva, at a gross charter rate of US$13,500 per day, minus a 5.00% commission paid to third parties. The...

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Coherent Expands Its Portfolio of Silicon Photonics Transceivers for Data Centers With 2x400G-FR4 Lite

PITTSBURGH, March 20, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, announces the launch of its 2x400G-FR4 Lite optical transceiver, a silicon photonics-based module optimized for AI-driven data centers and high-speed Ethernet networks. Designed for high volume deployments, this transceiver delivers 500-meter reach while significantly reducing power consumption. It complements the company’s existing 800G-DR8 transceiver, also built with silicon photonics technology, with a wavelength-multiplexed variant that is more fiber-efficient than the DR8. The explosive growth of AI and ML workloads is driving demand for high-density, energy-efficient optical interconnects that seamlessly integrate with Ethernet-based front-end networks. The 2x400G-FR4 Lite is engineered to support these evolving architectures...

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CISO Global’s AI-Powered Penetration Testing and Analysis Tool to make Real-time Assessments a Reality

Scottsdale, Ariz., March 20, 2025 (GLOBE NEWSWIRE) — CISO Global, Inc. (NASDAQ: CISO), an industry leader in AI-powered cybersecurity software, managed cybersecurity, and compliance, today announced the successful deployment of Skanda, its next-generation penetration testing and security analysis tool. Designed to function beyond traditional vulnerability detection, Skanda leverages AI and machine learning (ML) technologies to provide continuous, on-demand security assessments, significantly enhancing cyber resilience for organizations worldwide. Skanda is part of CISO Global’s suite of proprietary intellectual property, which was independently valued at $50 million in 2024. It is currently utilized in all external penetration tests conducted by CISO Global’s security professionals and enhances internal penetration testing efforts,...

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Atossa Therapeutics to Report Fourth Quarter and Full Year 2024 Financial Results

Conference Call and Webcast Scheduled for Tuesday, March 25, 2025, at 8:30 a.m. Eastern Time SEATTLE, March 20, 2025 (GLOBE NEWSWIRE) — Atossa Therapeutics, Inc. (Nasdaq: ATOS) (“Atossa” or the “Company”), a clinical-stage biopharmaceutical company developing innovative medicines for breast cancer, today announced that the Company will host a conference call and live audio webcast on Tuesday, March 25, 2025, at 8:30 a.m. ET, to discuss its corporate and financial results for the fourth quarter and full-year 2024. The webcast will be available at the investor relations section of the Company’s website at atossatherapeutics.com. Alternatively, to access the conference call by telephone, U.S.-based callers should dial 1-800-836-8184 and international listeners should dial 1-646-357-8785. All listeners should provide the operator...

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Assertio to Participate in the iAccess Alpha Virtual Best Ideas Conference on March 25-26, 2025

LAKE FOREST, Ill., March 20, 2025 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT) today announced that Brendan O’Grady, Chief Executive Officer, will present at the iAccess Alpha Best Ideas Spring Investment Conference taking place virtually March 25-26, 2025. The Company will present at 1:30 pm Eastern Time on Tuesday, March 25, 2025. To join the presentation, please visit the webcast available online at https://investor.assertiotx.com/. Additionally, investors participating in the conference can request 1×1 meetings to take place on March 26, 2025 via their conference representative or through Assertio investor relations at mkreps@darrowir.com. To register to attend the conference and request 1×1 meetings, please visit https://www.iaccessalpha.com/. About Assertio Assertio is...

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FBI Veteran Joseph Bonavolonta Joins Wrap with 27 Years of Experience, Former SAC of Boston Field Office

Expected to Strengthen Global Law Enforcement Network, Enhancing Security and Compliance Capabilities Across Business Intelligence, Critical Infrastructure, Supply Chain and National SecurityMIAMI, March 20, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or, the “Company”) today announced the appointment of Joseph R. Bonavolonta as Domestic Head of Managed Services of the Company, bringing over 27 years of experience from the Federal Bureau of Investigation (“FBI”) to the Company’s management team. Mr. Bonavolonta, who culminated his distinguished FBI career as Special Agent in Charge (SAC) of the Boston Field Office, led one of the agency’s largest divisions, overseeing high-profile criminal and national security investigations. His leadership extended to managing Joint Terrorism Task Forces, Safe Streets...

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Star Equity Holdings, Inc. Announces 2024 Fourth Quarter and Full Year Financial Results

Fourth Quarter Revenues Increased 21% and Gross Profit Increased 56% Generated Fourth Quarter Adjusted EBITDA of $1.1 Million ADT Acquisition Closed in March, Establishing Energy Services Division OLD GREENWICH, Conn, March 20, 2025 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, reported today its financial results for the fourth quarter (Q4) and fiscal year (FY) ended December 31, 2024. All 2024 and 2023 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 reporting periods, unless stated otherwise, relate to continuing operations, which as of December 31, 2024 included two divisions: Building Solutions and Investments. Following the acquisition of Alliance...

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Flourish to Acquire Sora Finance, Creating First Comprehensive Deposits and Lending Platform for RIAs

Strategic Acquisition Brings Mortgage and Liability Optimization Capabilities to Flourish’s Leading WealthTech Platform, Helping Independent Advisors Better Compete with Wirehouses and Banks Through Holistic Service Offering New York, March 20, 2025 (GLOBE NEWSWIRE) — Flourish, a platform that helps registered investment advisors (RIAs) grow by evolving from holistic advice to holistic implementation, today announced that it has entered into a definitive agreement to acquire Sora Finance (Sora), an AI-driven liability optimization platform for advisors. The acquisition creates one of the industry’s first comprehensive platforms addressing both asset and liability management for RIAs, empowering independent advisors to bring cash and lending services to their clients. Sora works with over 750 financial advisors, helping...

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