Day: April 15, 2025

zSpace Acquires Second Avenue Learning to Revolutionize Experiential Education

Written by Customer Service on April 15, 2025. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., April 15, 2025 (GLOBE NEWSWIRE) — zSpace, Inc., a leading provider of augmented and virtual reality (AR/VR) solutions for education, proudly announces the acquisition of Second Avenue Learning, a Rochester, NY-based innovator in educational technology and interactive learning experiences. This strategic acquisition unites two trailblazers in the EdTech space, poised to transform how students engage with science, math, career and technical education (CTE), and beyond. zSpace has been at the forefront of immersive learning since its founding in 2007, delivering evidence-based AR/VR platforms that enhance student achievement without the need for head-mounted displays. With its cutting-edge hardware and software, zSpace empowers educators and learners to interact with 3D simulations in subjects ranging from human...

Pipe Acquires Glean.ai to Add Spend Management to Suite of Embedded Financial Solutions

Written by Customer Service on April 15, 2025. Posted in Mergers And Acquisitions.

SAN FRANCISCO, April 15, 2025 (GLOBE NEWSWIRE) — Pipe, a fintech company enabling embedded financial solutions for software platforms, today announced its strategic acquisition of Glean.ai, a leading AI-powered spend management company. With this acquisition, Pipe becomes the first embedded finance company to bring together embedded capital and spend management for small businesses via its partners. Glean.ai was built to address the lack of transparency surrounding a company’s expenses. Founder Howard Katzenberg, former CFO of OnDeck, wanted to solve the challenge he’d experienced firsthand: not having the right visibility into how company finances were being spent. The result is Glean.ai, the AI-powered spend management solution that provides one-click access to spending trends, billing errors, and savings opportunities, as well...

JBTC Announces 1st Quarter 2025 Earnings

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

JONESTOWN, Pa., April 15, 2025 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $1,687,000 or $0.69 per share for the first quarter of 2025 versus $1,307,000 or $0.54 per share in the prior year. President Troy A. Peters stated: “Focusing on net interest income and non-interest income sources drove our results in the first quarter. Net interest income after credit loss expense increased by 7.87% over the same period in the prior year and non-interest income increased by 13.13% led by debit card interchange. Interchange income was positively affected by increased transaction volume and amounts.” More information can be found at OTC Markets at www.otcmarkets.com/stock/JBTC/overview. Contact: Andrea Shetterly, EAAashetterly@jbt.bankJonestown Bank & Trust Co. 2 West Market StreetJonestown, PA 17038-0717Phone:...

Windtree Therapeutics Reports Year-End 2024 Financial Results and Provides Key Business Updates

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

WARRINGTON, Pa., April 15, 2025 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or “the Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today reported financial results for the fiscal year ended December 31, 2024 and provided key business updates. “The year 2024 saw Windtree make great progress in many key areas including clinical development of our lead drug candidate istaroxime in cardiogenic shock, business development and the future strategy of the Company,” said Jed Latkin, CEO of Windtree. “Cardiogenic shock is a critical condition with high morbidity and mortality where clinicians express a high need for drug innovation. During the year, we announced positive results of our SEISMiC Extension Phase 2 istaroxime clinical...

Greystone Logistics Reports 3rd Quarter Earnings

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

TULSA, Okla., April 15, 2025 (GLOBE NEWSWIRE) — Greystone Logistics (GLGI), the leading manufacturer of recycled plastic pallets and providing sustainable logistics solutions, announces three- and nine-month results for the period ending February 28, 2025. Revenue for the quarter was $14,315,798 and for the nine-month period $39,911,692 with EBITDA of $3,015,542 and $6,780,238 for the respective periods. CEO Warren Kruger commented “I am proud our team delivered strong financial results for the quarter. During the quarter, the board authorized $2.1 million to redeem a portion of the $5 million preferred stock outstanding out of cash on hand. The company has also now purchased over 500,000 common shares in the previous announced stock buyback. These buybacks of preferred and common stock are an indication of the commitment...

Extendicare Announces April 2025 Dividend of C$0.042 per Share

Written by Customer Service on April 15, 2025. Posted in Dividend Reports And Estimates.

MARKHAM, Ontario, April 15, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.042 per common share of the Company (the “Common Share”) for the month of April 2025, which is payable on May 15, 2025 to shareholders of record at the close of business on April 30, 2025. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. We are committed to delivering quality care to meet the needs of a growing seniors’ population, inspired by our mission to provide people with the care they need, wherever they call...

Amplify Energy and Juniper Capital Announce Amendment to the Merger Agreement

Written by Customer Service on April 15, 2025. Posted in Mergers And Acquisitions.

Juniper to Contribute Incremental $10 Million in Cash Updates Oil and Gas Hedge Positions and Juniper Reserve Values HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) today announced an amendment to the existing terms of its previously disclosed Agreement and Plan of Merger with Juniper Capital’s (“Juniper”) upstream Rocky Mountain portfolio companies. The amended agreement will now provide for Juniper to contribute an incremental $10 million of cash to further reduce the net debt of the combined companies. This amendment follows shareholder engagement and reflects Juniper’s strong belief in the merits of the combination and focus on a strong pro forma company. As previously announced, at closing Amplify plans to issue Juniper approximately 26.7 million shares of Amplify common...

Biomerica Reports Third Quarter Fiscal 2025 Financial Results

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

Total Revenue Increases 10% Year-Over-YearDelivers Improved Gross Margins, Achieves Annual Cost Savings Target Early, and Reduces Cash Burn Over 55%IRVINE, Calif., April 15, 2025 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical diagnostic and therapeutic products today reported financial results for the third quarter of fiscal 2025 ended February 28, 2025. Key Highlights: 1. Fortel® PSA Screening Test Approved by UAE Ministry of Health & Prevention:Biomerica’s Fortel® Prostate Specific Antigen (PSA) Screening Test has received regulatory approval from the United Arab Emirates Ministry of Health & Prevention (MOHAP). The Fortel® test offers fast, accurate PSA results in just 10 minutes using a simple finger-prick blood sample. By enabling earlier detection of...

Rent the Runway, Inc. Announces Fourth Quarter and Full Year 2024 Results

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

Cash and Cash Equivalents Declined $6.6 million in Fiscal Year 2024 Versus a Decline of $70.5 million in Fiscal Year 2023, Resulting in Record Low Cash Consumption in Fiscal Year 2024. Announces Largest Inventory Acquisition in Company History; Rollout Planned in FY 2025 Expects a Return to Subscriber Growth in FY 2025 NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Rent the Runway, Inc. (“Rent the Runway” or “RTR”) (NASDAQ: RENT), the company transforming the way women get dressed by pioneering the world’s first Closet in the Cloud, today reported financial results for the fiscal quarter and fiscal year 2024 ended January 31, 2025. RTR has proven its ability to operate a nearly break-even business. Notably, we’ve significantly improved our cash position from a decline of $70.5 million in fiscal year 2023 to a decline...

Blue Moon Metals Announces Graduation to the OTCQX Market

Written by Customer Service on April 15, 2025. Posted in Public Companies.

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQX: BMOOF) is pleased to announce that its common shares are now trading on the OTCQX® Best Market under the ticker symbol “BMOOF”. This represents an upgrade from the OTCQB® Venture Market and marks another milestone in the Company’s continued growth. The OTCQX Market is the highest tier of the U.S. OTC markets and is designed for established, investor-focused companies. Trading on the OTCQX is expected to enhance the Company’s visibility and provide improved accessibility for U.S investors. “We are proud to have achieved this next step in our market presence,” said Christian Kargl-Simard, CEO of Blue Moon. “This upgrade strengthens our exposure in the U.S capital markets and...

Day: April 15, 2025

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