Day: April 1, 2025
SAN FRANCISCO, CA, April 01, 2025 (GLOBE NEWSWIRE) — The InterGroup Corporation (NASDAQ: INTG) (“InterGroup” or “the Company”), the parent company of Portsmouth Square, Inc. (OTC: PRSI) (“Portsmouth Square”), today announced the successful refinancing of its subsidiary’s flagship asset, the Hilton San Francisco Financial District Hotel. This strategic refinancing positions the Company and its subsidiaries for improved financial flexibility and stability in managing their premier hospitality assets.
The refinancing was executed through Justice Operating Company, LLC (“Justice”), a wholly owned subsidiary of Portsmouth Square. Justice secured a $67 million mortgage loan agreement with PRIME Finance, arranged by Eastdil Secured, a leading global real estate investment banking firm. The loan...
COSCIENS Biopharma Inc. Announces Receipt of Management Cease Trade Order
Written by Customer Service on . Posted in Public Companies.
TORONTO, ONTARIO, April 01, 2025 (GLOBE NEWSWIRE) — COSCIENS Biopharma Inc. (NASDAQ: CSCI) (TSX: CSCI) (“COSCIENS” or the “Company”), a life science company which develops and commercializes a diversified portfolio of cosmeceutical, nutraceutical and pharmaceutical products, today announces further to its news release of March 19, 2025 (the “Default Announcement”) that its application to the Ontario Securities Commission (the “OSC”) for a management cease trade order (“MCTO”), in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”), has been accepted by the OSC.
The MCTO was issued by the OSC, effective as of April 1, 2025, in connection with the Company’s potential delay in its filing of: (a) its annual financial statements as of December 31, 2024 and 2023 and for the years ended December 31, 2024,...
Cartier Resources Announces Subscription Agreement for Flow-Through Units Under Its Previously Announced Brokered Offering and Adjustments Further to Tax Measures Unveiled by the Quebec Minister of Finance
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VAL-D’OR, Québec, April 01, 2025 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Corporation”) announces the execution, on March 31, 2025, of an amending agreement (the “Amending Agreement”) further to the engagement letter dated March 20, 2025 between Paradigm Capital Inc. (the “Agent”) and the Corporation (the “Engagement Letter”) with respect to its previously announced “best efforts” private placement offering of securities of Cartier (the “Offering“).
The Amending Agreement was concluded to address potential impacts of several tax measures unveiled on March 25, 2025 by the Minister of Finance (Québec) in connection with his 2025-2026 budget (the “2025 Québec Budget”).
The Offering will...
Cygnus secures another two years to increase its stake in Pontax
Written by Customer Service on . Posted in Public Companies.
The extension gives Cygnus additional time to meet its earn-in milestones while enhancing the likelihood of exploration success
Pontax Lithium Project, James Bay, Canada
TORONTO and PERTH, Western Australia, April 01, 2025 (GLOBE NEWSWIRE) — Cygnus Metals Limited (ASX: CY5, TSXV: CYG, OTCQB: CYGGF) is pleased to announce that it has negotiated a two-year extension to its two-stage earn-in with Stria Lithium Inc (“Stria”) for the Pontax Lithium Project in James Bay, Quebec (“Pontax”).
In July 2023, Cygnus announced that it had earned 51 per cent of Pontax under the first stage of the earn-in by spending C$4 million on the project and issuing 9,129,825 fully paid ordinary shares in Cygnus (“Shares”) to Stria.
As a demonstration of the co-operation between Stria and Cygnus, the parties have now agreed that Cygnus has an additional...
Tenaris Files 2024 Annual Report / Annual Report on Form 20-F, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders
Written by Customer Service on . Posted in Public Companies.
LUXEMBOURG, April 01, 2025 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2024 Annual Report / Annual Report on Form 20-F, with the Luxembourg Stock Exchange, with the U.S. Securities and Exchange Commission (SEC), and with the other securities regulators of the markets where its securities are listed. The 2024 Annual Report (which includes the consolidated management report containing the financial and non-financial information (or sustainability statement) required by applicable law; the related management certifications on the consolidated financial statements as of and for the year ended 31st December 2024, and on the annual accounts as at 31st December 2024; and the external auditors’ reports on such consolidated financial statements, annual accounts and sustainability statement) may...
Partners Value Investments Completes Amalgamation
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (TSXV: PVF.UN, TSXV: PVF.PR.U) (the “Partnership”) and Partners Value Investments Inc. (TSXV: PVF.WT) (“PVII”) today announced the successful completion of a short form vertical amalgamation under the Business Corporations Act (Ontario) between PVII and Partners IV Inc., a wholly-owned subsidiary of PVII (the “Amalgamation”).
As a result of the Amalgamation, 5,640,600 non-voting exchangeable shares of PVII (the “Exchangeable Shares”) that were previously held by Partners IV were cancelled. Additionally, in connection with the Amalgamation, an aggregate of 2,749,429 Exchangeable Shares were issued to former holders of non-voting common shares in the capital of Partners IV.
The PVII Board and the board of trustees of PVMT have each appointed Cyrus Madon as...
Hesai Group Files Its Annual Report on Form 20-F
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, China, April 01, 2025 (GLOBE NEWSWIRE) — Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 1, 2025. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at https://www.sec.gov and on Hesai’s investor relations website at https://investor.hesaitech.com.
The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and holders of American depositary shares upon request.
About Hesai
Hesai Group is a global leader...
NowVertical Reports Record 2024 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Company Hosting Investor Webinar on April 2, 2025, at 10:00 AM ESTQ4 2024 revenue was $10.9 million, up 94% Y/Y excluding recent divestitures
On a reported basis, Q4 2024 revenue increased 8% Y/Y
Q4 2024 Net Income was $0.6 million, up 115% Y/Y excluding recent divestitures
On a reported basis, Q4 2024 Net Income increased by 116% Y/Y
Q4 2024 Adjusted EBITDA was $2.6 million, up 225% Y/Y
2024 FY Cash flows from operations were $2.8 millionTORONTO, April 01, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a leader in AI-driven data solutions, announces audited financial results for its fourth fiscal quarter ended December 31, 2024. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars. Management will host an investor webinar at 10:00 AM EST (7:00 AM PST) on Wednesday...
UPDATE – Reborn Coffee Provides Fourth Quarter and Full Year 2024 Corporate Update and Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
FY 2024 Annual Revenue Growth to $5.9 Million and Strong 31% Increase in Q4 Revenue to $1.8 Million
Approved as U.S. Franchisor and Signed Commitments for 33 New Locations Through a Combination of Area Development and Franchise Agreements
BREA, Calif., April 01, 2025 (GLOBE NEWSWIRE) — Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, has reported its financial and operational results for the fourth quarter and year ended December 31, 2024.
Key Financial and Operational HighlightsQ4’24 revenue improved 31% to $1.8 million, compared to $1.4 million in Q4’23.
Despite higher food costs, in the full year 2024 revenue improved 8% to $5.9 million as compared to $5.5 million the same period revenue in 2023.
Company-operated store gross margins for the year ended December 31, 2024, decreased to 63% compared...
Lumine Group Completes the Purchase of Vidispine
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group”) today announced the completion of the purchase of the Vidispine brand and business assets (“Vidispine”) from Arvato Systems, a subsidiary of Bertelsmann SE & Co. KGaA.
About Lumine GroupLumine Group (TSXV: LMN) acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. Learn more at www.luminegroup.com.
About VidispineVidispine enables media companies to focus on their core business by providing seamless access to technology tailored to their needs. Its solutions help customers maximize the value of their assets, rights, media inventory, and market opportunities. Learn more at www.vidispine.com.
About Arvato Systems
Arvato Systems is an international IT specialist that supports major companies in...