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Month: April 2025

Hesai Group Files Its Annual Report on Form 20-F

SHANGHAI, China, April 01, 2025 (GLOBE NEWSWIRE) — Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 1, 2025. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at https://www.sec.gov and on Hesai’s investor relations website at https://investor.hesaitech.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and holders of American depositary shares upon request. About Hesai Hesai Group is a global leader...

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NowVertical Reports Record 2024 Financial Results

Company Hosting Investor Webinar on April 2, 2025, at 10:00 AM ESTQ4 2024 revenue was $10.9 million, up 94% Y/Y excluding recent divestitures On a reported basis, Q4 2024 revenue increased 8% Y/Y Q4 2024 Net Income was $0.6 million, up 115% Y/Y excluding recent divestitures On a reported basis, Q4 2024 Net Income increased by 116% Y/Y Q4 2024 Adjusted EBITDA was $2.6 million, up 225% Y/Y 2024 FY Cash flows from operations were $2.8 millionTORONTO, April 01, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a leader in AI-driven data solutions, announces audited financial results for its fourth fiscal quarter ended December 31, 2024. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars. Management will host an investor webinar at 10:00 AM EST (7:00 AM PST) on Wednesday...

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UPDATE – Reborn Coffee Provides Fourth Quarter and Full Year 2024 Corporate Update and Financial Results

FY 2024 Annual Revenue Growth to $5.9 Million and Strong 31% Increase in Q4 Revenue to $1.8 Million Approved as U.S. Franchisor and Signed Commitments for 33 New Locations Through a Combination of Area Development and Franchise Agreements BREA, Calif., April 01, 2025 (GLOBE NEWSWIRE) — Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, has reported its financial and operational results for the fourth quarter and year ended December 31, 2024. Key Financial and Operational HighlightsQ4’24 revenue improved 31% to $1.8 million, compared to $1.4 million in Q4’23. Despite higher food costs, in the full year 2024 revenue improved 8% to $5.9 million as compared to $5.5 million the same period revenue in 2023. Company-operated store gross margins for the year ended December 31, 2024, decreased to 63% compared...

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Lumine Group Completes the Purchase of Vidispine

TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group”) today announced the completion of the purchase of the Vidispine brand and business assets (“Vidispine”) from Arvato Systems, a subsidiary of Bertelsmann SE & Co. KGaA. About Lumine GroupLumine Group (TSXV: LMN) acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. Learn more at www.luminegroup.com. About VidispineVidispine enables media companies to focus on their core business by providing seamless access to technology tailored to their needs. Its solutions help customers maximize the value of their assets, rights, media inventory, and market opportunities. Learn more at www.vidispine.com. About Arvato Systems Arvato Systems is an international IT specialist that supports major companies in...

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Stryve Foods, Inc. Announces Preliminary FY 2024 Financials and Filing of Form 12b-25 to Extend Time to File FY 2024 Annual Report

Full Year ‘24 Net Sales of $21.0 Million Up 18.5% Year-over-YearAdjusted EBITDA Loss Improved by 32.4% Versus Prior YearSignificant Balance Sheet Transformation Underway in 2025 PLANO, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Stryve Foods, Inc. (OTC: SNAX) (“Stryve” or the “Company”), a leader in high-protein, better-for-you snacking, today unaudited preliminary Q4 2024 financial information and disclosed it had filed form 12b-25 for their Form 10K for the fiscal year ended December 31, 2024. FY 2024 Unaudited Preliminary financial information The unaudited preliminary financial information as of and for the year ended December 31, 2024, is as follows. The Company expects net sales of $21.0 million an increase of 18.5% versus the prior year, incur an operating loss of approximately $10.6 million an improvement of 31.2% versus the...

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CNL STRATEGIC CAPITAL ANNOUNCES OPERATING RESULTS FOR YEAR-END 2024

Orlando, Fla., April 01, 2025 (GLOBE NEWSWIRE) — CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses. The Company announced its operating results for the year ended Dec. 31, 2024. Highlights:As of Dec. 31, 2024, CNL Strategic Capital’s portfolio consisted of equity and debt investments in 16 portfolio companies and approximately $1.3 billion in total assets, compared with 13 portfolio companies and approximately $1.0 billion in total assets as of Dec. 31, 2023. For the year ended Dec. 31, 2024, the Company recognized a net change in unrealized appreciation on investments, including unrealized foreign currency gain of...

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Pennant Expands Portfolio with Acquisition of Senior Living Community in Arizona

EAGLE, Idaho, April 01, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of the real estate and operations of an established senior living community in Arizona. The newly acquired community offers assisted living and memory care services, and increases Pennant’s Arizona operations by 128 units. “This acquisition aligns with our mission to provide life-changing service as we create active, supportive communities where seniors can thrive,” said Brent Guerisoli, Chief Executive Officer of Pennant. “By expanding our services and adding to the strong portfolio of existing properties in Arizona, Pennant is reinforcing its commitment to providing high-quality, compassionate care for...

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BioStem Technologies Announces Extension to File 2024 Annual Report with OTC

POMPANO BEACH, Fla., April 01, 2025 (GLOBE NEWSWIRE) — BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company specializing in the development, manufacturing, and commercialization of placental-derived products for advanced wound care, announces it has filed for an extension to submit its annual report for the year ended December 31, 2024 to the OTC The company is currently undergoing a mandatory Securities Exchange Commission (SEC) review process related to its Form 10 registration statement, which may impact the financial statements or disclosures in the annual report. Management anticipates filing the annual report by April 15, which is the expiration of the extension period. Jason Matuszewski, Chief Executive Officer of BioStem, stated:“We appreciate our shareholders’ patience as we navigate the final...

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Venus Concept Announces $11 million Debt-to-Equity Exchange Transaction

Continued improvement of the Company’s financial position through additional reduction of outstanding debt by Madryn Asset Management TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced today that, on March 31, 2025, the Company exchanged $11.0 million of its subordinated convertible notes held by affiliates of Madryn Asset Management, LP (“Madryn”) for 379,311 shares of its Series Y preferred stock. Following the transaction, the Company had total debt obligations of approximately $35.5 million, down 54% from $76.7 million outstanding as of March 31, 2024, and down 11% from $39.7 million outstanding as of December 31, 2024. “Yesterday’s transaction builds upon our on-going efforts to optimize the capital structure...

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Guggenheim Investments Announces April 2025 Closed-End Fund Distributions

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date  April 15, 2025Ex-Dividend Date April 15, 2025Payable Date  April 30, 2025Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from PreviousDistribution FrequencyAVK Advent Convertible and IncomeFund $0.1172†   MonthlyGBAB Guggenheim TaxableMunicipal Bond & Investment Grade DebtTrust $0.12573†   MonthlyGOF Guggenheim StrategicOpportunities Fund $0.1821†   MonthlyGUG Guggenheim Active AllocationFund $0.11875†   Monthly† A portion of...

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