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Day: May 14, 2025

Texas Ventures Acquisition III Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing May 16, 2025

New York, NY, May 14, 2025 (GLOBE NEWSWIRE) — Texas Ventures Acquisition III Corp (Nasdaq: TVACU) (the “Company”) announced today that, commencing May 16, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “TVA” and “TVACW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “TVACU.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale...

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Edible Garden Strengthens Balance Sheet and Expands R&D Through $12 Million Acquisition of Sustainable Farming Assets of NaturalShrimp Farms Inc.

Acquisition Adds Patented Water Treatment Technology with Expected Broad Cross- Platform Applications; Increases Shareholder Equity Through Preferred Stock Structure Transaction Strengthens Edible Garden’s Balance Sheet with $3 Million of Cash Through Private Placement Intended to Enhance Vertically Integrated Model and Advance Zero-Waste Inspired® Mission in High-Growth, Sustainable Agriculture Sector Strengthens Edible Garden’s Leadership in Sustainability and Controlled Environment Agriculture BELVIDERE, N.J., May 14, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the acquisition of certain assets of a sustainable aquaculture company...

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Armlogi Holding Corp. Announces Fiscal 2025 Third Quarter and Nine-Month Results

WALNUT, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced financial results for its fiscal 2025 third quarter and nine months ended March 31, 2025. Financial Results for the Three Months Ended March 31, 2025: Total revenue increased by approximately $7.4 million, or 19.3%, to $45.8 million during the three months ended March 31, 2025, compared to $38.4 million for the same period in 2024. This growth reflects continued demand for our services. Costs of sales increased by approximately $10.5 million, or 29.8%, to $45.6 million during the three months ended March 31, 2025, compared with $35.1...

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Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2025

CHICAGO, May 14, 2025 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ: IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2025. “Despite ongoing market challenges, we have attracted increased investor interest, driven by enhanced operational efficiency and stronger cost control measures. Since December, our new investor, Aurous Vertex Limited, has committed approximately $1.8 million to the company,” said Adam He, CEO of Professional Diversity Network, Inc. “At the same time, we are advancing the transformation of our platform’s technological infrastructure through AI integration and strategic...

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Bird Announces 2025 First Quarter Results; Delivers Strong Margin Accretion and Record Backlog

MISSISSAUGA, Ontario, May 14, 2025 (GLOBE NEWSWIRE) — “Bird’s diversification and strategic focus on key market sectors has resulted in an economically resilient business that continues to drive both top line growth and margin accretion. Our extensive self-perform capabilities, focus on collaboration, and quality of delivery are valued by our clients and drove over $1.3 billion of new contracts and awards in the first quarter of 2025,” stated Teri McKibbon, President and CEO of Bird Construction. “While construction revenue growth is not always linear, the Company’s record combined backlog of contracted and awarded work, reflecting high proportions of collaborative contract structures and favourable embedded margins, provides Bird with good visibility into revenue growth and further margin accretion for full year 2025 and into...

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Stantec reports strong first quarter 2025 results, with 29% increase in adjusted earnings per share and record backlog of $7.9 billion

HighlightsRecord net revenue of $1.6 billion, an increase of 13.3% compared to Q1 2024 Adjusted EBITDA¹ increase of 19.1% to $252.3 million and adjusted EBITDA margin¹ of 16.2%, a 70 basis point increase over Q1 2024 Diluted EPS of $0.88 and adjusted EPS¹ of $1.16, up 29.4% and 28.9%, respectively, compared to Q1 2024 Confirms full-year guidance and achieved record backlog of $7.9 billion, up 12.8% over Q1 2024 Acquired Ryan Hanley, a 150-person engineering and environmental consultancy firm in Ireland, strengthening Stantec’s offering in the Irish water sector Entered into a definitive purchase agreement to acquire Page, a 1,400-person US-based design, architecture and engineering firm. The acquisition will position Stantec to become the second largest architecture firm in the US.EDMONTON, Alberta and NEW YORK, May 14, 2025 (GLOBE...

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Flutter announces completion of NSX acquisition

DUBLIN and TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces that it has completed the acquisition of an initial 56% stake in NSX Group (“NSX”), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m1. The transaction aligns with Flutter’s strategy to invest in leadership positions in attractive international markets and is expected to create shareholder value through:Delivering an enhanced competitive position in the newly regulated and fast growing2 Brazilian market. The Brazilian online sports betting and iGaming market has highly attractive characteristics, including a population of over 200 million, with sports, and soccer in particular, being a key part...

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Crescent Capital BDC, Inc. Reports First Quarter 2025 Earnings Results; Declares a Second Quarter Base Dividend of $0.42 Per Share

LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) — Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.45 per share and net income of $0.11 per share, for the quarter ended March 31, 2025. Net asset value (NAV) per share was $19.62 at March 31, 2025 compared to $19.98 as of December 31, 2024. Dividend DeclarationsThe Company announced that its Board of Directors (the “Board”) declared a second quarter 2025 regular cash dividend of $0.42 per share to stockholders of record as of June 30, 2025, payable on July 15, 2025. Additionally, the second of three previously announced $0.05 per share special dividends will be paid on June 13, 2025 to stockholders of record as of May 30, 2025. Selected Financial Highlights($ in millions, except per share amounts)  As of and for the...

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STERIS Announces Financial Results for Fiscal 2025 Fourth Quarter and Full Year

Full year fiscal 2025 revenue from continuing operations increased 6%; constant currency organic revenue growth was 6% Full year fiscal 2025 as reported diluted EPS from continuing operations increased to $6.16; adjusted EPS per diluted share increased to $9.22 Fiscal 2026 outlook providedDUBLIN, IRELAND, May 14, 2025 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) today announced financial results for its fiscal 2025 fourth quarter and full year ended March 31, 2025. Total revenue from continuing operations for the fourth quarter of fiscal 2025 increased 4% to $1.5 billion compared with $1.4 billion in the fourth quarter of fiscal 2024. Constant currency organic revenue growth from continuing operations for the fourth quarter was 6%. Revenue from continuing operations for fiscal 2025 increased 6% to...

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Calidi Biotherapeutics Reports First Quarter 2025 Financial Results and Recent Operational Highlights

Bolstered management team with hires of Chief Executive Officer and Chief Medical Officer with deep biopharmaceutical experienceAnnounced selection of IL15-superagonist as first payload to be delivered into tumors with Calidi’s first lead candidate using its systemic antitumor virotherapy platform, Redtail; IND filing expected in the second half of 2026IND cleared by FDA for CLD-201 clinical trialSAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) — Calidi Biotherapeutics Inc. (NYSE American: CLDI) (“Calidi”), a clinical-stage biotechnology company pioneering the development of systemic oncolytic targeted immunotherapies with the potential to deliver genetic payloads, today reported its first quarter 2025 operating and financial results and reviewed recent business highlights. “We are extremely excited about the progress at Calidi,”...

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