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Day: April 22, 2025

Sunrise Realty Trust Provides Preliminary Estimate of Distributable Earnings for the Quarter Ended March 31, 2025 and Discloses Other Information

WEST PALM BEACH, Fla., April 22, 2025 (GLOBE NEWSWIRE) — Sunrise Realty Trust, Inc. (“SUNS” or “the Company”) (NASDAQ: SUNS), a commercial real estate lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today provided a preliminary estimate of distributable earnings for the quarter ended March 31, 2025, and disclosed other portfolio level information. Distributable Earnings & Book Value Per Share SUNS’ preliminary estimate of distributable earnings for the quarter ended March 31, 2025 is $0.30 to $0.32 per basic weighted average common share. This compares to distributable earnings of $0.30 for the quarter ended December 31, 2024. In addition, SUNS disclosed that it expects its book value per share to be $13.60 – $13.90 per share. Portfolio and Originations During the quarter ended March 31, 2025,...

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Twin Disc Announces Details of Fiscal 2025 Third Quarter Earnings Release, Webcast, and Conference Call

MILWAUKEE, April 22, 2025 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today announced that it will release its fiscal 2025 third-quarter results at approximately 8:00 am Eastern on May 7, 2025, and host a webcast and conference call to discuss those results at 9:00 am Eastern. Following their prepared remarks, the Company will host a question-and-answer session with the investment community. The live audio webcast will be available on Twin Disc’s website at https://ir.twindisc.com. To participate in the conference call, please dial (646) 307-1963 approximately ten minutes before the call is scheduled to begin. A replay of the webcast will be available at https://ir.twindisc.com shortly after the call until May 6, 2026. About Twin DiscTwin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power...

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JFB Construction Holdings Announces $15 Million Industrial Construction project in Charlotte NC

Construction on Auto Clubhouse Charlotte is Expected to Commence in Q3 2025 Lantana, FL, April 22, 2025 (GLOBE NEWSWIRE) — JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, today announced plans to commence, in Q3 2025, the largest single commercial construction project in company history. Pursuant to the Agreement, JFB will serve as the prime contractor to manage design and construction of Auto Clubhouse in Charlotte, North Carolina, a 103,000 square foot warehouse for car storage that contains 42 luxury auto condo bays and a 40,000 square foot storage building for luxury vehicles. “Our general commercial construction division that has been a key component of our past growth will continue to be instrumental in the future growth of our business which...

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Cycurion, Inc. Announces Expansion into Latin America Through Partnership with LSV-TECH International of Colombia

Partnership Extends Cycurion’s Sales Presence Into 135 Countries via LSV’s Strategic Partnership with Nokia MCLEAN, Va., April 22, 2025 (GLOBE NEWSWIRE) — Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces a partnership with LSV-TECH International Consortium for Digital Transformation and Technological Innovation to expand the new Managed Security Services Platform (MSSP) Cyber Shield into Latin America and strengthen cross-border interconnections globally. The partnership is commencing through a pilot program with several Colombian universities to showcase the new MSSP Cyber Shield. LSV-TECH has long-term, established relationships with several higher education institutions in Colombia, wherein strategic alliances aimed at developing digital talent and strengthening...

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Syntec Optics (Nasdaq: OPTX) Announces $5.2 Million in New Orders for Defense Night Vision Goggle Optics

ROCHESTER, NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a leading provider of technology to defense, biomedical, communications and consumer industry leaders, today announced it has secured orders totaling nearly $5.2 million so far this year for optics and optomechanicals supporting the latest generation of advanced night vision goggles used in the U.S. defense to keep our soldiers out of harm’s way. Syntec’s mission-critical optics make the helmet-mounted goggle lighter to reduce neck trauma for soldiers. As a strong start to the year, Syntec has already delivered nearly $0.9M in product. Syntec will continue to deliver and build upon its multi-year involvement in this key defense program, where it has supplied vital low-weight, high-performance manufacturing technology...

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CERo Therapeutics, Inc. Announces Up to $8 Million Series D Financing

SOUTH SAN FRANCISCO, Calif, April 22, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) (“CERo”), an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces that it has entered into a securities purchase agreement for the issuance and sale of securities under a new convertible preferred stock transaction. The gross proceeds to CERo from the offering are expected to be up to $8 million, including $5 million expected to be received through the investment of securities at the first closing, and up to $3 million of cash that may be funded at one or more additional closings, at the election of the investors.  CERo intends to use the net proceeds from the offering to take advantage of the two recent FDA IND allowances...

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SCIENTURE announces manufacturing and supply chain readiness for ArbliTM, (losartan potassium) Oral Suspension, 10mg/mL for a target product launch in July 2025.

TAMPA, FL, April 22, 2025 (GLOBE NEWSWIRE) — SCIENTURE HOLDINGS, INC. NASDAQ: SCNX), a holding company for existing and planned pharmaceutical operating companies focused on providing enhanced value to patients, physicians and caregivers through developing, bringing to market, and distributing novel specialty products to satisfy unmet market needs, is pleased to announce the initiation of supply chain activities by its wholly owned subsidiary Scienture, LLC to manufacture launch quantities of ArbliTM (losartan potassium) Oral Suspension, 10 mg/mL for the intended commercial launch of the product in July 2025. Scirenture, LLC’s contract manufacturing partner, Saptalis Pharmaceuticals, LLC for ArbliTM has indicated to Scienture that Saptalis has the materials and capabilities to produce the batches and supply product inventory in...

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Catalyst Pharmaceuticals to Report First Quarter 2025 Financial Results on May 7, 2025

The Company will Host a Conference Call and Webcast on May 8, 2025, at 8:30 AM ET CORAL GABLES, Fla., April 22, 2025 (GLOBE NEWSWIRE) —  Catalyst Pharmaceuticals, Inc. (“Catalyst” or “Company”) (Nasdaq: CPRX), a commercial-stage biopharmaceutical company focused on in-licensing, developing, and commercializing novel medicines for patients living with rare and difficult-to-treat diseases, today announced that it will release its first quarter 2025 financial results after the market close on Wednesday, May 7, 2025. Catalyst’s management team will host a conference call and webcast on Thursday, May 8, 2025, at 8:30 AM ET to discuss the Company’s financial results and provide a business update.Conference Call & Webcast DetailsDate: Time:   US/Canada Dial-in Number:International Dial-in...

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Xometry to Announce First Quarter 2025 Financial Results on May 6, 2025

NORTH BETHESDA, Md., April 22, 2025 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ: XMTR), the global AI-powered marketplace digitizing manufacturing and driving greater supply chain resiliency, today announced it will report its first quarter 2025 financial results before the market opens on Tuesday, May 6, 2025. Xometry will host its conference call and webcast to discuss the results at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) that day. In addition to its press release announcing its first quarter 2025 financial results, Xometry will release an earnings presentation, which will be available on its investor website at investors.xometry.com. Xometry, Inc. First Quarter 2025 Earnings Presentation and Conference CallTuesday, May 6, 2025 8:30 a.m. Eastern / 5:30 a.m. Pacific To register please use the following link: https://register-conf.media-server.com/register/BI31df644cf2e649c6a8d687a2096aafbb You...

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Hanover Bank Announces Core Banking System Conversion to Drive Digital Growth

MINEOLA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) — Hanover Bank, the bank subsidiary of Hanover Bancorp (Nasdaq “HNVR”), is excited to announce its conversion to a new core banking system, a significant technological upgrade designed to improve the banking experience for our clients, streamline operations for employees, and drive greater value for all our stakeholders. Our core banking system conversion was successfully completed on Tuesday, February 18, 2025. As the bank continues to evolve into a more business-focused financial institution, we remain committed to providing the best possible service to our customers. This upgrade strengthens Hanover Bank’s ability to offer digitally forward business banking solutions that are agile and expected to drive success in today’s economy. Further, this transition will enhance our ability...

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