Day: May 1, 2025

Special Meeting of stockholders to vote on the transaction scheduled for May 13, 2025 Reminds stockholders to vote today FOR the proposed merger LOS ANGELES, May 01, 2025 (GLOBE NEWSWIRE) — ACELYRIN, Inc. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today reiterated its confidence that the proposed combination with Alumis Inc. (Nasdaq: ALMS) is the best path forward and the most value-maximizing outcome for all ACELYRIN stockholders. Bruce Cozadd, Chair of the ACELYRIN Board of Directors and member of the independent transaction committee (the “Transaction Committee”), said, “The ACELYRIN Board and management team are confident that the proposed merger with Alumis represents the most value-maximizing path forward for our company’s...

Growing NETA Field Services Capabilities & Expanding IPS Footprint on West CoastIntegrated Power Services (IPS) Acquires Power Systems Testing Company, Growing NETA Field Services Capabilities & Expanding Footprint on West CoastEstablished in 1975, PST has been the supplier of choice by government, public organizations and private companies for testing, field services, engineering and more for 50 years in California.Greenville, SC, May 01, 2025 (GLOBE NEWSWIRE) — Integrated Power Services (IPS) Acquires Power Systems Testing Company in California Growing NETA Field Services Capabilities & Expanding IPS Footprint on West Coast   Greenville, SC, May 1, 2025 – Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired Power Systems...

TransGlobal Assets Inc. (OTC: TMSH) is strategically entering the AI-powered fintech space by acquiring a controlling stake in the Incued Fintech Platform. This move positions the company to capitalize on the growing demand for AI solutions in private markets, utilizing proprietary AI systems to enhance investor relations, risk assessment, and predictive analytics The Incued Fintech Platform, under the management of TransGlobal’s MindWell Solutions Group, is set to transform private market intelligence and capital allocation through AI-driven tools. The platform’s modernization efforts focus on providing startups, family offices, and venture studios with advanced capabilities like conversational AI interfaces and automated due diligence, with revenue models projected to scale significantly TransGlobal Assets Inc. is expanding...

DALLAS, May 01, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) (the “Company” or “CSW”) today announced the Company has completed the previously announced acquisition of Aspen Manufacturing for approximately $313.5 million in cash, utilizing cash on hand and borrowings under the existing $500 million revolving credit facility while maintaining sufficient liquidity and a strong balance sheet. The purchase price is approximately 11x Aspen Manufacturing’s 2024 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.5 million. This strategic acquisition expands CSW Industrial’s HVAC/R product offering with the incorporation of Aspen Manufacturing’s market leading evaporator coils and air handlers. By leveraging CSW’s deep experience in the HVAC/R market, strong distribution channels, successful...