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Day: April 1, 2025

WTW acquires Michigan-based Global Commercial Credit

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. This strategic acquisition will accelerate performance by expanding into specialized businesses that align with the company’s technical, industry-structured and expertise-driven growth plan. Founded in Michigan in 1995 with a primary focus on developing custom-tailored credit risk management solutions for clients, GCC has developed a strong foundation in specialized products including trade credit and political risk insurance, as well as credit information services. The addition of GCC will enhance Willis’ diversification across industries, further expanding the business’ footprint across targeted, strategic sectors....

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Davidson Kempner Capital Management LP : Form 8.3 – Direct Line Insurance Group Pls

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Davidson Kempner Capital Management LP(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Direct Line Insurance Group PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing...

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Sky Quarry Reports 4th Quarter and Fiscal Year 2024 Financial Results

WOODS CROSS, Utah, April 01, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, has reported its financial and operational results for the fourth quarter and fiscal year ended December 31, 2024. Key Financial and Operational HighlightsQ4 2024 Revenue of $4.2 million and $23.3 million for the year ended December 31, 2024.Announced the signing of pivotal LOI with RB Residential Roofing, marking the start of a collaboration that targets integrating eco-friendly solutions into roofing services and helping Sky Quarry scale operations nationwide through the roofing company’s multiple locations.Announced appointment of respected finance leader Leo Womack to...

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Ackroo Completes Sale to Paystone

Ackroo Completes Go Private Transaction with Paystone by way of Arrangement HAMILTON, Ontario, April 01, 2025 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company” or “Ackroo”), a gift card, loyalty marketing, payments and point-of-sale technology consolidator and services provider, is pleased to announce that it has completed its previously announced statutory plan of arrangement with Paystone Inc. (“Paystone”) (please see news release dated December 13, 2024), pursuant to which Paystone, through its wholly owned subsidiary, Atom Growth Inc. (“Atom”), acquired all of the issued and outstanding common shares of Ackroo (the “Shares”), and has assumed all assets and liabilities of Ackroo (the “Arrangement”). The Arrangement Pursuant to the terms of the Arrangement, each holder of the issued and outstanding Shares...

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Form 8.3 – Primary Health Properties Plc

8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Rathbones Group Plc(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Primary Health Properties Plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For an opening...

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Franklin Access Announces the First in Its New Series of Remotely Managed M2M Routers for IoT: The Seiona – RT410S

SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) — Franklin Access, a leading provider of integrated wireless solutions, has unveiled its latest product, the Seiona – RT410S, at the Channel Partners Conference in Las Vegas. The Seiona – RT410S delivers secure, stable, and reliable connectivity for a wide range of edge applications, expanding Franklin’s product offerings into the multi-billion-dollar IoT market. Designed for industries such as digital signage, healthcare, ATMs, kiosks, vending machines, and EV charging stations, the Seiona – RT410S facilitates seamless data exchange between computers and automated systems, enhancing operational efficiency. Setting itself apart from competitors, Franklin’s Seiona series integrates full access to the Pintrac Mobile Device Management (MDM) platform, enabling comprehensive remote management....

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Lantheus Completes Acquisition of Evergreen Theragnostics

BEDFORD, Mass., April 01, 2025 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, today announced that it has completed its previously announced acquisition of Evergreen Theragnostics, Inc. (“Evergreen”), a clinical-stage radiopharmaceutical company. The acquisition was first announced on January 28, 2025. Through the transaction, Lantheus has acquired OCTEVY™, a registrational-stage PET diagnostic imaging agent targeting neuroendocrine tumors, which complements Lantheus’ therapeutic candidate PNT2003, as well as a portfolio of clinical and pre-clinical theranostic pairs. The acquisition also advances Lantheus’ capabilities with the addition...

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Gentex Announces Closing of VOXX International Acquisition

ZEELAND, Mich., April 01, 2025 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX) announced today that it has closed on the strategic acquisition of VOXX International, a global supplier of automotive and consumer electronics as well as premium audio equipment. Gentex is a technology company and long-time supplier of electro-optical products for the global automotive, aerospace, fire protection and medical industries. The company is best known for automotive electronics, but continues to grow its capabilities in vision systems, sensing, AI development, biometrics, home automation, and other smart technologies. Under the terms of the agreement, which was recently approved by VOXX shareholders, Gentex acquired all the issued and outstanding shares of VOXX common stock not already owned by Gentex for a purchase price of $7.50 per...

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Reading International, Inc. Corrected News Release

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — On March 31, 2025, Reading International, Inc. issued its Fourth Quarter and Full Year 2024 Earnings Press Release. The purpose of this press release is to correct the reconciliation of EBITDA and Adjusted EBITDA to net income (loss). The press release stated that net income (loss) for the quarter ended December 31, 2024 was ($5,816,000), interest expense $5,388,000, EBITDA $3,369,000 and Adjusted EBITDA $3,369,000. The correct amounts are net income (loss) ($2,239,000), interest expense $5,247,000, EBITDA $6,805,000, and Adjusted EBITDA $6,805,000. The corrected amounts have been inserted into the narrative and footnote of the corrected earnings release which follows. The updated release can be found on the following pages. Reading International Reports Fourth Quarter and Full Year 2024...

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Fundamental Global Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Mooresville, NC, April 01, 2025 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”) today announced results for the fourth quarter and full year ended December 31, 2024. Kyle Cerminara, Chairman and Chief Executive Officer commented, “During 2024, we implemented initiatives to consolidate multiple public companies and streamline and simplify our operating structure. We successfully completed three merger transactions, monetized one of our real estate holdings, and continued to drive operating profit improvements in our managed services business. Recently, we announced an agreement for the sale of a portion of our reinsurance business for $5.6 million which we expect to close in the first half of 2025.” “Our balance sheet is strong, with $109 million in total assets, nominal long-term...

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