Day: May 6, 2025
EDINBURGH, United Kingdom, May 06, 2025 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA), a clinical-stage biopharmaceutical company that focuses on significantly improving treatment outcomes for patients with cancer, announced that it has priced a registered direct offering consisting of 10,845,985 American Depository Shares, or ADSs, (or pre-funded warrants in lieu thereof) with each ADS (or pre-funded warrant) accompanied by (i) a Series A warrant to purchase one (1) ADS at an initial exercise price of $0.8068 per share and (ii) a Series B Warrant to purchase one (1) ADS at an initial exercise price of $1.61 per share. The combined public offering price of each ADS together with the accompanying Series A and Series B Warrants is $0.6454, and the combined offering price of each pre-funded warrant together with the accompanying Series...
Sofwave Medical Reports First Quarter Fiscal 2025 Financial Results and Business Highlights
Written by Customer Service on . Posted in Public Companies.
— First quarter revenue of $16.7M, +26% year-over-year growth; IFRS gross margin of 76.3%— First quarter pulse recurring revenue of $7.0M, +49% year-over-year growth— IFRS and non-IFRS operating loss of -$1M and -$0.2M, respectively
SAN CLEMENTE, Calif., May 06, 2025 (GLOBE NEWSWIRE) — Sofwave Medical Ltd (TASE: SOFW), an emerging leader in energy-based non-invasive, aesthetic medical devices for practitioners worldwide, reported financial results for the first quarter of fiscal year 2025, for the period ended March 31, 2025, and recent business highlights.
First Quarter Fiscal 2025 Financial HighlightsFirst Quarter Revenue of $16.7M; representing 26% year-over-year growthRecurring Revenue of $7M, a year-over- year increase of 49% growth, representing 42% of total revenue
Gross Profit was $12.7M, a year-over-year increase...
Maybacks Global Entertainment and Whale TV Launch iDreamCTV App Across Global Smart TV Platforms
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LOS ANGELES, May 06, 2025 (GLOBE NEWSWIRE) — via IBN — Maybacks Global Entertainment, a subsidiary of Authentic Holdings, Inc. (OTC PINK: AHRO), in partnership with Whale TV (https://www.whaletv.com), is proud to announce the launch of the iDreamCTV App to over 180 million users across Whale TV’s global smart TV and digital device ecosystem.
Whale TV will integrate Maybacks’ FAST channel and VAST tag advertising directly within the iDreamCTV App, enabling a revenue-sharing model with top-tier global CTV/OTT advertising partners. This integration extends across major digital platforms including Roku (48% market share), Amazon Fire TV (28%), Apple TV (8.5%), and Android TV via Google Play.
Chris Giordano, President of Authentic Holdings, stated:
“This marks the beginning of a strategic alliance that not only...
Orangekloud to Attend Directions ASIA 2025 Conference, May 7-9, in Bangkok
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SINGAPORE, May 06, 2025 (GLOBE NEWSWIRE) — Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a pioneer in AI-driven no-code application development, today announced that the Company will be attending the Directions ASIA 2025 Conference, May 7-9, on the 10th floor of the Avani+Riverside Hotel in Bangkok.
Directions ASIA 2025 is a premier conference focused on the latest updates and innovations in the Microsoft ecosystem, including ERP, CRM, and Cloud Solutions. The Conference is expected to be attended by hundreds of members of the Dynamics community, including resellers, add-on providers, Microsoft, CSPs, MVPs, developers, consultants, sales and marketing professionals, and business leaders.
Orangekloud will be exhibiting its next generation eMOBIQ AI App Development Platform and Enterprise Apps for...
Orion Highlights Demand for its Energy Efficient Lighting Fixtures and Buy American Act Compliant LED Lighting at LightFair 2025 May 6-8 (Booth 1811)
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LAS VEGAS and MANITOWOC, Wis., May 06, 2025 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc.(NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle charging station and maintenance services solutions, today disclosed recent solid traction for its LED lighting products through Energy Service Companies (ESCOs) as well as U.S. Government agencies selecting Orion’s Buy American Act (BAA) Compliant LED lighting products.
Orion is showcasing many of its US manufactured LED lighting products and highlighting its flexible supply chain and ability to meet customer needs at LightFair 2025 in Las Vegas, today, Tuesday, May 6th through Thursday, May 8th (Booth #1811).
ESCO Partners Select Orion’s Industry Leading Energy-Efficient LED LightingSeveral of Orion’s ESCO partners have recently selected Orion products...
Blue Mantis Acquires North Shore Data Services to Strengthen Networking Capabilities
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition enhances Blue Mantis’ networking practice and adds 200 vertically diverse customers
PORTSMOUTH, N.H., May 06, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced the acquisition of North Shore Data Services, an IT services provider specializing in customized network infrastructure solutions. North Shore Data Services is headquartered in Kingston, NH with customers and employees located throughout the Northeast.
Driving Productivity and Customer Satisfaction Through Smarter Networking
Mid-market IT teams face increased pressure to operate more efficiently, securely and sustainably, making modern networking a critical foundation for businesses. According to Cisco’s 2024 Global Networking Trends Report,...
180 Degree Capital Corp. Notes Filing of Updated Preliminary Joint Proxy Statement/Prospectus for Proposed Business Combination with Mount Logan Capital Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTCLAIR, N.J., May 06, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) today noted the filing of an amended preliminary joint proxy statement/prospectus on Schedule 14A with the Securities and Exchange Commission (“SEC”) regarding its proposed merger with Mount Logan Capital Inc. (“Mount Logan”) in an all-stock transaction (the “Business Combination”). As noted in its original press release issued on January 17, 2025, the surviving entity is expected to be a Delaware corporation operating as Mount Logan Capital Inc. (“New Mount Logan”) listed on Nasdaq under the symbol “MLCI”. In connection with the Business Combination, 180 Degree Capital shareholders will receive proportionate ownership of New Mount Logan determined by reference to 180 Degree Capital’s net asset value at closing relative...
Park Place Technologies Expands Multi-Cloud Services with Acquisition of UK-Based CSI
Written by Customer Service on . Posted in Mergers And Acquisitions.
Deal Marks One of the Largest in Company History, Significantly Bolstering Park Place’s Managed Services CapabilitiesPark Place Technologies HQPark Place Technologies New Global HeadquartersCLEVELAND, OH, May 06, 2025 (GLOBE NEWSWIRE) — Park Place Technologies, the leading global data center and networking optimization firm, has acquired CSI Ltd., a UK-headquartered IT Managed Services Provider (MSP) specializing in hybrid multi-cloud solutions for legacy IBM systems.
This marks one of the most significant acquisitions in Park Place’s 34-year history, second only to its 2020 acquisition of Curvature, Inc., further strengthening the company’s position as a leader in global IT lifecycle services.
Founded in 1983, CSI supports mid-to-large enterprises in regulated sectors like financial services, manufacturing,...
Apollo Funds to Acquire Hav Energy from HitecVision
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Maritime LNG Infrastructure Platform Jointly Owns 10 LNG Shipping Vessels on Long-Term Charters with Investment Grade Counterparties
NEW YORK and STAVANGER, Norway, May 06, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and HitecVision, a leading investor in the European energy industry, today announced that Apollo-managed funds (the “Apollo Funds”) have agreed to acquire maritime liquefied natural gas carrier (“LNGC”) infrastructure platform Hav Energy LNG Holding AS (“Hav Energy”) from HitecVision. Financial terms were not disclosed.
Established by HitecVision in 2022, Hav Energy invests in LNGC infrastructure projects in partnership with Knutsen LNG, a large owner-operator of LNGCs globally, and jointly owns a portfolio of 10 newbuild LNGCs which are 100% contracted on long-term charters with investment grade counterparties. The...
Great Lakes Reports First Quarter 2025 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
First quarter net income of $33.4 millionFirst quarter Adjusted EBITDA of $60.1 millionDredging backlog of $1 billion at March 31, 2025
HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2025.
First Quarter 2025 HighlightsRevenue was $242.9 million
Total operating income was $49.9 million
Net income was $33.4 million
Adjusted EBITDA was $60.1 million
Backlog as of March 31, 2025, was $1.0 billionManagement Commentary
Lasse Petterson, President and Chief Executive Officer, commented, “Great Lakes had an great first quarter, with strong project performance and high utilization as all of our active dredges were operational....