Month: April 2025
Strategic Collaboration Broadens Across Multiple European Markets
Petah Tikvah, Israel, April 21, 2025 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced the signing of a new commercial agreement with Cemex Czech Republic s.r.o. Under the agreement, SaverOne will deploy its Driver Distraction Prevention System (DDPS) across the entire company-owned cement truck fleet in the Czech Republic.
This new agreement follows a successful and growing collaboration with Cemex throughout Europe. SaverOne’s solution has already been implemented across several Cemex entities, among them Israel and an additional European county, and will now be deployed in the Czech Republic with additional deployments planned in further European subsidiaries....
Actelis Networks Secures New Order to Modernize Major Nordic Municipality’s Communication Infrastructure
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Strategic Order for Leading Nordic Smart City Expands Actelis’ European Footprint
FREMONT, Calif. , April 21, 2025 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has secured a new order to help modernize the communications infrastructure for a major city in the Nordic region.
Actelis is collaborating with a leading European traffic technology and intelligent transportation systems provider on this order. Through this strategic partnership, Actelis will supply advanced hybrid-fiber networking solutions to enhance connectivity across municipal systems in the second largest city of a prominent Nordic country. This municipality, home to...
NN Announces Another Strong Quarter of New Business Wins
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New Business Awards of $16.4 million in first quarter 2025; New Business Awards of over $150 million since Q1 2023; tracking ahead of its five-year plan
Company raises five-year Adjusted EBITDA margin target range to 13–14%, and reaffirms previous 2025 Adjusted EBITDA guidance
CHARLOTTE, N.C., April 21, 2025 (GLOBE NEWSWIRE) — NN (NASDAQ: NNBR) today announced an update on its new business wins program and its ongoing above-plan margin results.
Highlights:First quarter 2025 new business wins were $16.4 million; we believe NN is on pace to meet its 2025 goal of $65 million of new business awardsApproximately $98 million of new business awards will ramp into revenue stream during 2025 and beyondNew wins for the quarter were in the key focus areas of non-automotive industrial products, electrical and power products,...
Vaccinex to Report Promising New Clinical Data Revealing Pepinemab’s Unique Mechanism to Enhance Immunotherapy at Annual Meeting of American Association for Cancer Research (AACR)
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Neoadjuvant treatment with pepinemab appears to induce abundant, mature lymphoid structures that correlate with durable clinical benefit of immunotherapy in patients with metastatic melanoma.
Pepinemab, Semaphorin 4D blocking immunotherapy, also appears to induce the formation of efficient lymphoid structures in “cold” tumors of patients with recurrent and metastatic head and neck cancer.
ROCHESTER, N.Y., April 21, 2025 (GLOBE NEWSWIRE) — Vaccinex, Inc. (Nasdaq: VCNX), a clinical-stage biotechnology company pioneering a differentiated approach to treating cancer and Alzheimer’s disease (AD) through the inhibition of Semaphorin 4D (SEMA4D), today announced that it will present exciting new data characterizing the unique mechanism of pepinemab to enhance immune responses to checkpoint therapies, corresponding with improved survival...
American Rebel Light Beer Partners with Charlotte Motor Speedway to be Title Sponsor of American Rebel Light NHRA 4-Wide Nationals
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American Rebel Holdings IncAmerican Rebel Light NHRA 4-Wide NationalsNashville, TN, April 21, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is thrilled to announce its title sponsorship of the American Rebel Light NHRA 4-Wide Nationals at Charlotte Motor Speedway. This exciting collaboration marks a milestone in the brand’s journey to connect with motorsports enthusiasts across the nation.
The American Rebel Light NHRA 4-Wide Nationals is one of the most anticipated events in drag racing, showcasing the thrill and intensity of the sport as racers...
ParaZero Receives the Israeli Ministry of Defense Approval to Market Globally its DropAir Precision Airdrop System in Collaboration with Heven Drones
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TEL AVIV, Israel, April 21, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announced today that official marketing approval from the Israeli Ministry of Defense’s Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones (“Heven”) , a leading U.S. drone manufacturer with roots in Israel that specializes in custom autonomous UAV platforms.This authorization from DECA enables ParaZero and Heven to actively market their joint DropAir-integrated solution to global clients across commercial, defense, and humanitarian sectors.
“Receiving DECA approval for our DropAir system and Heven integration...
ReShape Lifesciences® Receives Notice of Allowance for Additional U.S. Patent Related to Its Proprietary Diabetes Neuromodulation Technology
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Vagal Neuromodulation Offers a Novel Approach to Treating Type 2 Diabetes and Hypoglycemia
Patent Enables Equivalent Efficacy with 10 times Lower Energy Consumption Than Current Device
Fully Compatible with Standard Implantable Pulse Generators, Enabling Cost-Effective Development
IRVINE, Calif., April 21, 2025 (GLOBE NEWSWIRE) — ReShape Lifesciences® (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health solutions company, today announced that the Company has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for patent application 18/069,689, entitled, “High-Frequency Low Duty Cycle Patterns for Neural Regulation.” When issued, the patent will provide protection until August 4, 2037. The Diabetes Neuromodulation system leverages its proprietary vagus nerve block (vBloc™)...
Reflect Scientific Inc. Announces Strategic Market Transition and Substantial Cost Savings
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OREM, Utah, April 21, 2025 (GLOBE NEWSWIRE) — Reflect Scientific Inc. (symbol: RSCF), a leading innovator in advanced refrigeration and cooling technologies, today announced significant financial improvements resulting from strategic market transitions and comprehensive cost-saving initiatives.
Reflect Scientific’s recent move from the OTCQB market to the OTC Pink market has already generated over $100,000 in annual savings. Maintaining rigorous financial reporting standards, Reflect Scientific provides detailed and transparent financials despite the reduced regulatory expenses associated with the transition. Furthermore, the Company is set to transition to the OTCIQ market on July 1, 2025, anticipating further operational efficiencies.
Additionally, Reflect Scientific is implementing operational cost-saving measures that...
Snail Games Subsidiary Interactive Films LLC Signs MOU with Mega Matrix Inc. (NYSE American: MPU) for Joint Short-Drama Development
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CULVER CITY, Calif., April 21, 2025 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, announced that its wholly owned subsidiary, Interactive Films LLC (“Interactive Films”), has signed a Memorandum of Understanding (MOU) with Mega Matrix Inc. (NYSE American: MPU). Under this MOU, both parties will leverage their respective strengths to establish a comprehensive collaboration framework for the joint development, production, and global distribution of short dramas, further enhancing their presence in the entertainment industry.
Mr. Hai Shi, Chairman and Co-CEO of Snail Games, commented, “Today’s announcement represents a strategic step forward in advancing Interactive Films’ short-drama business line and expanding...
Private Bancorp of America, Inc. Announces Strong Net Income and Earnings Per Share for First Quarter 2025
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First Quarter 2025 HighlightsNet income for the first quarter of 2025 was $10.6 million, compared to $10.7 million in the prior quarter and $7.9 million in the first quarter of 2024. Net income for the first quarter of 2025 represents a return on average assets of 1.74% and a return on average tangible common equity of 18.74%
Diluted earnings per share for the first quarter of 2025 was $1.80, compared to $1.82 in the prior quarter and $1.36 in the first quarter of 2024
Total deposits were $2.19 billion as of March 31, 2025, an increase of $57.7 million or 2.7% from December 31, 2024, which included a reduction in brokered deposits of $96.9 million. Total deposits increased 15.1% year over year. Core deposits were $2.05 billion as of March 31, 2025, an increase of $154.6 million or 8.2% from December 31, 2024. Core deposits increased...
