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Month: April 2025

Zelluna ASA – Annual General Meeting held on April 29, 2025

Oslo, April 29, 2025: Zelluna ASA held its annual general meeting today April 29, 2025. All the matters on the agenda were approved. The minutes from the meeting are enclosed and available at the company’s website. For further information, please see www.zelluna.com or contact: Anders Tuv, Chairman of the Board of Directors of Zelluna ASAEmail: at@radforsk.noPhone: +47 982 06 826 Namir Hassan, CEO, Zelluna ASAEmail: namir.hassan@zelluna.comPhone: +44 7720 687608 Hans Vassgård Eid, CFO, Zelluna ASAEmail: hans.eid@zelluna.comPhone: +47 482 48632AttachmentMinutes of the Annual General Meeting in Zelluna ASA 2025

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Farmers and Merchants Bancshares, Inc. Reports Earnings of $1.2 Million, or $0.37 per Share, for the Three Months Ended March 31, 2025

HAMPSTEAD, Md., April 29, 2025 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the quarter ended March 31, 2025 was $1.2 million, or $0.37 per common share (basic and diluted), compared to $1.2 million, or $0.39 per common share (basic and diluted), for the same period in 2024. The Company’s return on average equity during the quarter ended March 31, 2025 was 8.22% compared to 9.40% for the same period in 2024. The Company’s return on average assets during the quarter ended March 31, 2025 was 0.57% compared to 0.61% for the same period in 2024. Net interest income was $5.5 million for the quarter ended March 31, 2025, an increase of $321 thousand over the $5.2...

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Ohmyhome Reports 118% Revenue Growth for Fiscal Year 2024

Total revenue increased to S$10.9 million, 118% up from S$5.0 million in 2023 Strong performance across all segments: Brokerage, Property Management, and Emerging Services Net loss narrowed significantly to S$4.4 million, or US$0.13 per share Gross margin improved to 40.5%, with notable gains in Brokerage and Emerging Services EBITDA loss reduced from S$5.1 million to S$3.4 million, with margin improving from -103% to -31%SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — Ohmyhome Ltd. (NASDAQ: OMH), a one-stop-shop property technology platform offering end-to-end real estate solutions including brokerage, renovation, and condominium property management services in Singapore, today announced its audited financial results for the fiscal year ended December 31, 2024. Total revenue for the year surged 118% to S$10.9 million, up from...

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Avalon GloboCare Advances Proposed Merger with YOOV with Filing of Registration Statement

FREEHOLD, N.J., April 29, 2025 (GLOBE NEWSWIRE) — Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a commercial-stage company dedicated to developing and delivering precision diagnostic consumer products, and YOOV Group Holding Limited (“YOOV”), a provider of highly advanced artificial intelligence (“AI”) automation solutions, jointly announced the filing with the U.S. Securities and Exchange Commission (“SEC”) of a registration statement on Form S-4 in connection with the proposed Merger (as defined below). As previously announced, Avalon, Nexus MergerSub Limited, a business company incorporated in the British Virgin Islands and a wholly owned subsidiary of Avalon (“Merger Sub”) and YOOV, a business company incorporated in the British Virgin Islands, entered into an Agreement and Plan of Merger, dated March 7,...

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Franklin Electric Reports First Quarter 2025 Results

First Quarter 2025 HighlightsConsolidated net sales of $455.2 million, a decrease of 1% to the prior year Energy Systems net sales increased 8% while Water Systems net sales were up less than 1% and Distribution net sales declined 3% Operating income was $44.1 million with operating margin of 9.7% GAAP fully diluted earnings per share (EPS) was $0.67FORT WAYNE, Ind., April 29, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. today announced its first quarter financial results for fiscal year 2025. First quarter 2025 net sales were $455.2 million, compared to first quarter 2024 net sales of $460.9 million. First quarter 2025 operating income was $44.1 million, compared to first quarter 2024 operating income of $47.9 million. First quarter 2025 EPS was $0.67, versus EPS in the first quarter 2024 of $0.70. “Our underlying...

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MachTen Reports Financial Results for the Full Year 2024 & First Quarter of 2025

TRAVERSE CITY, Mich., April 29, 2025 (GLOBE NEWSWIRE) — MachTen, Inc. (OTC: MACT) today announced financial results for the full year ended December 31, 2024, and the first quarter of 2025.Financial Highlights   Year Ended(In thousands, except per share data)   December 31, 2024   December 31, 2023         Operating revenue   $ 16,976     $ 15,939  Operating income   $ 5,750     $ 6,072  Net income   $ 3,874     $ 4,317  Earnings per share   $ 1.21     $ 1.36           EBITDA   $ 8,757     $ 8,102                        Quarter Ended    March 31, 2025   March 31, 2024         Operating revenue   $ 4,139     $ 4,176  Operating income   $ 1,144     $ 1,126  Net income   $ 594     $ 597  Earnings per share   $ 0.19     $ 0.19           EBITDA   $ 2,035     $ 1,906                    “We...

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Sysco Reports Third Quarter Fiscal Year 2025 Results

HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024):Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%; Gross profit decreased 0.8% to $3.6 billion; Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to $773 million1; Net earnings decreased 5.6% to $401 million, and adjusted net earnings decreased 2.9% to $469 million1; EBITDA decreased 2.5% to $910 million, and adjusted EBITDA decreased 0.8% to $969 million1,2; EPS3 decreased 3.5% to $0.82, and adjusted EPS1 was $0.96, in-line with the same period...

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Nautilus Biotechnology Reports First Quarter 2025 Financial Results

SEATTLE, April 29, 2025 (GLOBE NEWSWIRE) — Nautilus Biotechnology, Inc. (NASDAQ: NAUT; or “Nautilus”), a company pioneering a single-molecule proteome analysis platform, today reported financial results for the first quarter ended March 31, 2025. “In Q1, we saw continued development progress based on the results of internal verification and validation work we’ve done on our Tau proteoform assay,” said Sujal Patel, CEO of Nautilus Biotechnology. “The assay’s reproducibility, accuracy, dynamic range, and sample compatibility align closely with our anticipated launch specifications and with the requirements we continue to hear from potential customers and partners. We are confident that 2025 will be the year that researchers begin to apply the Nautilus platform’s capabilities to ask and answer important biological questions about...

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JOYY Inc. Filed 2024 Annual Report on Form 20-F

SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, 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 on April 29, 2025, Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.joyy.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at joyy-ir@joyy.com. About JOYY Inc. JOYY is a leading global technology company with a mission to enrich lives through technology. With a diversified product portfolio spanning...

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Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency

Award demonstrates Cycurion’s growth in public, transportation sector through comprehensive IT and cybersecurity services offering MCLEAN, Va., April 29, 2025 (GLOBE NEWSWIRE) — Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, Cycurion will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of Cycurion’s proprietary ARx platform to further enhance operational and cybersecurity capabilities. Cycurion brings extensive transportation sector expertise,...

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