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Day: May 19, 2025

PrimeEnergy Reports Increased Production, Higher Revenue, and Strategic Share Repurchases in Q1 2025

HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) — PrimeEnergy Resources Corporation (NASDAQ: PNRG) today announced first quarter 2025 results, with continued growth in oil and gas production supporting a 16.4% increase in revenue year-over-year. While earnings per share declined compared to Q1 2024, the Company highlighted significant shareholder returns and operational momentum. Key Highlights – Q1 2025 vs Q1 2024• Revenue: $50.1 million ↑ 16.4% • Oil Production: 457,000 barrels ↑ 6.0% • Natural Gas Production: 2.39 Bcf ↑ 106.6% • NGL Production: 454,000 barrels ↑ 120.4% • Net Income: $9.1 million ↓ 19.3% • Diluted EPS: $3.72 ↓ 15.7% • Share Buyback 2025: 47,970 shares repurchased at a cost of $9.17 million Since initiating its share repurchase program, PrimeEnergy has returned a total of $112.6 million to shareholders through stock repurchases....

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AEM Expands Access to Production-Proven SLT and Burn-In Ecosystem for Advanced Computing Customers

Collaboration with Intel Foundry opens access to a proven SLT and Burn-In test ecosystem and test engineering, accelerating time-to-market for fabless customers SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) — AEM Holdings Ltd. (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP) today announced it is working with Intel Foundry to expand access to their established System-Level Test (SLT) and Burn-In capabilities, tailored for advanced computing devices, to Intel Foundry’s customer base. Built on decades of collaboration, AEM and Intel Foundry have developed one of the most extensive and mature SLT and Burn-In ecosystems. As chips grow in complexity, particularly in high-performance computing (HPC) and artificial intelligence (AI) applications, the need for Burn-In and SLT test solutions has become more critical than ever, to ensure test coverage...

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Qifu Technology Announces First Quarter 2025 Unaudited Financial Results

SHANGHAI, China, May 19, 2025 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Business HighlightsAs of March 31, 2025, our platform has connected 163 financial institutional partners and 268.2 million consumers*1 with potential credit needs, cumulatively, an increase of 11.1% from 241.4 million a year ago. Cumulative users with approved credit lines*2 were 58.4 million as of March 31, 2025, an increase of 11.6% from 52.3 million as of March 31, 2024. Cumulative borrowers with successful drawdown, including repeat borrowers was 35.5 million as of March 31, 2025, an increase of 13.8% from 31.2 million as of March...

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Advantage Solutions supports St. Louis in wake of tornado devastation

With recovery efforts ongoing, Advantage pledges financial assistance and is mobilizing employee volunteers to assist after Friday’s natural disaster ST. LOUIS, May 19, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV) announced today it will provide support to The Urban League of Metropolitan St. Louis following the recent tornadoes that caused widespread destruction in the region, including significant damage to the League’s headquarters. In alignment with its commitment to build stronger, more resilient communities, Advantage will donate $25,000 to the Urban League’s emergency relief efforts and is mobilizing a team of employees to help with on-the-ground cleanup and recovery efforts. “Our hearts are with the entire St. Louis community, and especially with our partners at the Urban League. Despite suffering their...

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Dorchester Minerals, L.P. Announces Retirement and Appointment to the Board of Managers

DALLAS, May 19, 2025 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP). As previously announced, Ron Trout retired as an Independent Manager of the Partnership after the conclusion of his term, which ended immediately following the 2025 Annual Meeting. Casey McManemin, Chairman of the Board, stated “I would like to thank Ron for 17 years of dedicated service to the Board of Managers. His business acumen and insights have made a meaningful contribution to the Board.” In connection with Mr. Trout’s retirement, Sarah N. Wariner has been elected as his successor as an Independent Manager. Ms. Wariner currently serves as Deputy General Counsel and Senior Vice President, Global Litigation at the Jacobs Engineering Group. Prior to her current position, Ms. Wariner held various roles at JP Morgan Chase &...

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Eyenovia Provides Updates on Potential Merger with Betaliq and Development of the Optejet User Filled Device (UFD), and Reports First Quarter 2025 Financial Results

Eyenovia and Betaliq continue to negotiate a binding merger agreement consistent with the previously announced signed Letter of Intent Reports continued progress on the development of the user-filled Optejet, and remains on track to file for U.S. device regulatory approval in September 2025 Reduced ongoing cash burn by approximately 70% versus prior year and improved debt repayment terms LAGUNA HILLS, Calif., May 19, 2025 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ: EYEN), an ophthalmic technology company developing the proprietary Optejet® topical ophthalmic medication dispensing platform, today provided updates on its potential merger with Betaliq and the ongoing development of its novel Optejet user filled device (UFD), and reported financial results for the first quarter ended March 31, 2025. Potential Merger with Betaliq Negotiations...

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Casella Unveils MRF Upgrade to Drive More Customer Circularity and Sustainable Recycling

Casella’s Material Recovery Facility (MRF) in Willimantic, CT, currently processes more than 60,000 tons of recyclables annually and has recently undergone a complete retrofit, implementing the most current state-of-the-art technologies. The upgrades have resulted in the company’s ability to process up to 165,000 tons of material and provide best-in-class operations for its customers.John W. Casella Speaks from PodiumCasella Chairman and CEO, John W. Casella addresses the crowd at Monday’s Grand Re-opening event.Casella Presents UConn Office of Sustainabillity with CheckCasella Chairman and CEO, John W. Casella, and President Ned Coletta present members of the UConn Office of Sustainability with a check for $10,000.Patrick McKee, Director, UConn Office of SustainabilityBetsy Mortensen, Communications,...

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Qualigen Therapeutics, Inc. receives expected notification of deficiency from Nasdaq related to delayed filing of quarterly report on Form 10-Q

CARLSBAD, Calif., May 19, 2025 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (the “Company”) announced today that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on May 19, 2025 (the “Notice”). The Notice indicated that the Nasdaq Hearings Panel (the “Panel”) will consider the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2025 as an additional basis for delisting the Company’s securities from The Nasdaq Stock Market. This matter serves as an additional deficiency under Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”). As a result, this deficiency will be...

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TOFUTTI ANNOUNCES RESULTS FOR QUARTER ENDED MARCH 29, 2025

Edison, New Jersey, May 19, 2025 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) issued its results for the fiscal quarter ended March 29, 2025 today. Net sales for the thirteen weeks ended March 29, 2025 decreased by $621,000, or 28%, from net sales of $2,212,000 for the thirteen weeks ended March 30, 2024 to $1,591,000 for the thirteen weeks ended March 29, 2025. Sales of our vegan cheese products decreased to $1,373,000 in the thirteen weeks ended March 29, 2025 from $1,809,000 in the thirteen weeks ended March 30, 2024. Our sales were negatively impacted by increased competition in the vegan cheese category and a pause in orders resulting from the uncertainty created by the proposed new tariffs to be implemented by the U.S. and foreign countries that we sell to. Our gross profit increased to $589,000 for the thirteen...

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Wen Acquisition Corp Completes $300,150,000 Initial Public Offering

New York, NY, May 19, 2025 (GLOBE NEWSWIRE) — Wen Acquisition Corp (the “Company”) announced today the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on May 16, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “WENNU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustment. No fractional warrants will be issued upon separation...

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