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Day: April 28, 2025

FTI Consulting Enhances Private Equity Expertise with Addition of Strategy and Transformation Expert Josh Harris

WASHINGTON, April 28, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Josh Harris as a Senior Managing Director in the Private Equity practice within the firm’s Corporate Finance & Restructuring segment. Mr. Harris, who is based in New York, brings nearly 20 years of experience partnering with private equity firms, portfolio companies and corporate clients to unlock value across the entire deal lifecycle — from diligence and acquisition to transformation, growth and exit. Mr. Harris has specific expertise in the areas of portfolio strategy, performance improvement, post-merger integration and organizational restructuring. In his role at FTI Consulting, Mr. Harris will focus on developing and implementing large-scale transformations involving change management and operational design...

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Guardforce AI Reports Full-Year 2024 Financial Results and Provides Business Update

Gross profit increased 16.1% in 2024 compared to 2023 Building a robust AI technology foundation to drive solution development in travel and retail Guardforce AI management to host conference call today at 8:30 AM ET NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) — Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), a global integrated security provider specializing in secured logistics, Artificial Intelligence (AI), and Robot-as-a-Service (RaaS), today announced financial results and provided a business update for the year ended December 31, 2024. 2024 Financial HighlightsRevenue increased by approximately 0.2% to approximately $36.3 million for the year ended December 31, 2024, compared to 2023. Gross profit increased by approximately 16.1% in 2024 compared to 2023, driven in part by an improvement...

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Tornado Infrastructure Equipment Reports Record 2024 Results

Net Income Per Share (diluted) Increased by 37.7% Compared to 2023 CALGARY, Alberta, April 28, 2025 (GLOBE NEWSWIRE) — Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its audited consolidated financial results for the year ended December 31, 2024, with comparisons to last year. The audited consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR+ at www.sedarplus.com, in the United States at www.otcmarkets.com and on the Company’s website www.tornadotrucks.com. All amounts reported in this news release are in thousands ($000’s CAD) except per share amounts. 2024 OverviewThe Company achieved record sales, gross profit, EBITDAS(1) and net income in 2024.Net income per share (diluted)...

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Nano Dimension to Host 2024 Financial Results and 2025 Outlook Conference Call

Call to Be Held Wednesday, April 30 at 4:30 PM EST Waltham, Massachusetts, April 28, 2025 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today announced it will host a conference call and webcast to discuss its 2024 financial results for the 2024 period ended December 31, 2024, and provide an outlook for the upcoming 2025 year.Date: Wednesday, April 30, 2025 Time: 4:30 pm EST Listen in via US dial-in: 1-844-695-5517 Listen via international dial-in: 1-412-902-6751 Listen and view presentation via webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ChyIXD73Participants are advised to log in at least 10 minutes prior to the call. A replay of the webcast will be accessible at the same link shortly after the conclusion...

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Silo Pharma Expands Intellectual Property Portfolio with Patent Application for Exclusively Licensed Alzheimer’s Drug

SARASOTA, FL, April 28, 2025 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on novel therapeutics and drug delivery systems, today announced the filing of a patent application with the U.S. Patent and Trademark Office (USPTO) focused on the neurology drug SPC-14, an intranasal compound for the treatment of Alzheimer’s disease (AD) exclusively licensed to Silo Pharma from Columbia University.  The patent, titled “Compositions and Methods for the Treatment of Alzheimer’s Disease and Other Neurogenerative Disease,” covers SPC-14’s novel mechanism of action for targeting glutamate receptor NDMAR and serotonin 5-HT4 to address cognitive and neuropsychiatric symptoms in AD. By targeting the two receptor molecules, the drug has shown efficacy against...

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Plug Power Signs $525 Million Secured Credit Facility with Yorkville Advisors and Reports Strong Preliminary Q1 2025 Results

SLINGERLANDS, N.Y., April 28, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced it has signed a definitive agreement for a secured debt facility and achieved key operational and financial milestones that support its path toward profitability and long-term growth. Up to $525 Million Yorkville Credit Facility and Retirement of Dilutive Debenture Plug has signed a definitive agreement for a secured debt facility with Yorkville Advisors providing for the issuance of up to $525 million of secured debentures. The facility includes an initial $210 million tranche, which will be fully funded at the initial closing and additional tranches of up to $315 million. The initial tranche is expected to close on or around May 2, 2025. With the net proceeds from the initial...

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Appili Therapeutics Announces New Patents Granted for Commercial Stage Asset LIKMEZ®™

New patents provide additional composition of matter and methods of use claims, strengthening the protection for liquid oral taste-masked reformulation, LIKMEZ New subject matter listed in the U.S. Food and Drug Administration’s (“FDA”) Orange Book HALIFAX, Nova Scotia, April 28, 2025 (GLOBE NEWSWIRE) — Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medical countermeasures, today announced the United States Patent and Trademark Office and the Mexican Patent Office have granted new patent claims protecting its oral formulation of metronidazole, LIKMEZ®™. The newly granted patents include:U.S. patent no. 20230086660A1 – Oral Formulations of Metronidazole and Methods of Treating an Infection...

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Brødrene A & O Johansen A/S acquires leading e-commerce domain “VVS-eksperten.dk” with effect from 1 Januar 2026

Albertslund, 28th April 2025 Brødrene A & O Johansen A/S acquires leading e-commerce domain “VVS-eksperten.dk” with effect from 1 January 2026 Brødrene A & O Johansen A/S has today entered into an agreement to acquire the domain VVS-eksperten.dk, one of Denmark’s leading online platforms for plumbing and heating products. The acquisition further strengthens AO’s position in the Danish online market and complements the company’s already strong digital platform. VVS-eksperten.dk has established itself as a trusted destination for private consumers seeking a wide selection of plumbing and heating articles at competitive prices. The acquisition supports AO’s continued investment in digital growth and customer-centric online solutions. We look forward to continuing to service VVS-eksperten’s customers on a new VVS-eksperten.dk webshop...

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Alterity Therapeutics Presents ATH434-201 Phase 2 Clinical Trial Results at European MSA Symposium

MELBOURNE, Australia and SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced that David Stamler, M.D., Chief Executive Officer presented the ATH434-201 Phase 2 clinical trial results at the annual MSA Research Symposium hosted by University College London, Institute of Neurology in partnership with the MSA Trust of the U.K. “We were honoured to be selected to present the recent data from our double-blind Phase 2 trial,” said, Dr. Stamler. “The Symposium brought together prominent clinicians and researchers from both Europe and the US along with industry scientists, all of whom are focused on increasing their understanding of MSA and...

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Kandi Technologies Reports 2024 Financial Results

Revenue Of $127.6M up 3.2% YoY, Supported by Expanded Product Reach And Improved Geographic Balance Electric Off-Road Vehicle Revenue Rose 8.9% YoY, Reinforcing Core Segment Leadership Enhanced Supply Chain Flexibility with Taiwan Upgrades, While Progressing Steadily Toward U.S. Localization GoalsJINHUA, China, April 28, 2025 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2024. Full Year 2024 HighlightsTotal revenue increased to $127.6 million, a 3.2% increase from $123.6 million in 2023.By segment: Sales of off-road vehicles and associated parts rose 8.9% year-over-year to $116.6 million, accounting for over 91% of total annual revenue. By geography: Revenue from China grew 80% year-over-year,...

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