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Day: May 19, 2025

Aardvark Therapeutics Bolsters Leadership Team with Strategic Hires Across Scientific, Commercial, Regulatory and Legal Functions

Timothy Kieffer, Ph.D., appointed Chief Scientific Officer Danny Villeneuve appointed Chief Commercial Officer Terrie Kellmeyer, Ph.D., appointed Senior Vice President, Regulatory Affairs Christian Zapf, J.D., appointed General CounselSAN DIEGO, May 19, 2025 (GLOBE NEWSWIRE) — Aardvark Therapeutics, Inc. (Aardvark) (Nasdaq: AARD), a clinical-stage biopharmaceutical company focused on developing novel, small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases, today announced the appointments of key members of its leadership team, including Timothy Kieffer, Ph.D., as Chief Scientific Officer; Danny Villeneuve as Chief Commercial Officer; Terrie Kellmeyer, Ph.D., as Senior Vice President, Regulatory Affairs; and Christian Zapf, J.D., as General Counsel. “As we make progress...

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Assertio to Participate in the Alliance Global Partners Healthcare Company Showcase on May 21, 2025

LAKE FOREST, Ill., May 19, 2025 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “Company”) (Nasdaq: ASRT) today announced that Brendan O’Grady, Chief Executive Officer, will present at the virtual Alliance Global Partners Healthcare Company Showcase, taking place Wednesday, May 21, 2025. Mr. O’Grady’s fireside chat will be webcast live at 11:20 a.m. ET. To join the event, please register at https://us02web.zoom.us/webinar/register/WN_jB1HgKLvQFmUfC6VBT11mw#/registration, or visit the Events & Presentations page at the Company’s investor relations website, https://investor.assertiotx.com/. About Assertio Assertio is a pharmaceutical company with comprehensive commercial capabilities offering differentiated products designed to address patients’ needs. Our focus is on supporting patients by marketing products in...

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Pinnacle Food Group Limited Receives Nasdaq Notice Regarding Late Form 20-F Filing

Vancouver, BC, May 19, 2025 (GLOBE NEWSWIRE) — Pinnacle Food Group Limited (Nasdaq: PFAI) (“Pinnacle” or “the Company”), a seller of smart hydroponic growing systems and technical support services to individual households, community groups, and urban farms, today said that on May 16, 2025, the Company received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Annual Report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”), the Company is not in compliance with Nasdaq’s listing rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market. According to the notice,...

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Ryman Hospitality Properties, Inc. to Acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $865 Million

NASHVILLE, Tenn., May 19, 2025 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today announced a definitive agreement under which the Company will purchase the JW Marriott Phoenix Desert Ridge Resort & Spa (“JW Marriott Desert Ridge”) in Phoenix, Arizona, for $865 million. The Company plans for the resort to continue to be operated by Marriott International under the JW Marriott flag. The purchase price represents a 12.7x Adjusted EBITDAre multiple on JW Marriott Desert Ridge’s 2024 results.1 The property’s 2025 results are expected to be impacted by construction disruption related to the meeting space renovation currently underway and ongoing through the third...

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Safe Bulkers, Inc. Reports First Quarter 2025 Results and Declares Dividend on Common Stock

MONACO, May 19, 2025 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three-month periods ended March 31, 2025. The Board of Directors (“the Board”) of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.Financial highlights        In million U.S. Dollars except per share data Q1 2025 Q42024 Q32024 Q22024 Q12024Net revenues 64.3 71.5 75.9 78.5 81.7Net income 7.2 19.4 25.1 27.6 25.3Adjusted Net income1 7.8 18.1 19.0 20.3 24.2EBITDA2 28.8 41.9 47.4 49.2 47.9Adjusted EBITDA 2 29.4 40.7 41.3 41.8 46.8Earnings per share basic and diluted3 0.05 0.16 0.22 0.24 0.21Adjusted earnings per share basic and diluted 3 0.05 0.15 0.16 0.17 0.20                      Average...

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Mural Oncology Announces Number of Relevant Securities in Issue

WALTHAM, Mass. and DUBLIN, May 19, 2025 (GLOBE NEWSWIRE) — In accordance with Rule 2.12 of the Irish Takeover Panel Act 1997, the Irish Takeover Rules 2022 (the “Irish Takeover Rules”), Mural Oncology plc (Nasdaq: MURA), a clinical-stage immuno-oncology company, (“Mural”) confirms that, as of the close of business on May 1, 2025, the issued share capital of Mural was 17,268,881 ordinary shares with par value US$0.01 each (the “Ordinary Shares”).   In addition, as of the close of business on March 31, 2025, there were outstanding 1,121,460 non-vested restricted stock units (the “Restricted Stock Units”) and 3,725,736 options to purchase Ordinary Shares (the “Stock Options”) granted by Mural. Upon vesting, each Restricted Stock Unit entitles the holder to receive one Ordinary Share and each Stock Option entitles the holder to purchase...

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Kunlun 4 Pro Mineral Alkaline Water Purifier, a New driver to fuel Viomi’s Growth

Guangzhou, China, May 19, 2025 (GLOBE NEWSWIRE) — Viomi Technology (NASDAQ: VIOT) officially launched its latest innovation, the Kunlun 4 Pro Mineral Alkaline Water Purifier, at a press conference held today. Leveraging AI technology to replicate the natural formation of mineral water, the Kunlun 4 Pro aims to advance household drinking water from the “pure water era” into the “Pure mineral water era”, directly addressing consumers’ increasing demand for healthier hydration.Notably, following its 2024 corporate restructuring to focus on water purification, Viomi achieved a turnaround and returned to growth. Full-year revenue increased 29.3% year-over-year to RMB 2.1 billion. The water purification segment has emerged as the core growth engine, achieving 58.2% year-over-year growth in the second half and 39% for the full year....

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Zaya Younan and Industry Experts Forecast Significant Recovery for National Office Market

National Trends Indicate Robust Turnaround especially in some major cities like HoustonHouston’s Energy Corridor Leads Submarket PerformanceThe Energy Corridor has emerged as Houston’s standout submarket, showcasing superior performance compared to other local sectors. In the last 18 months, Two Westlake Park, located at 580 Westlake Park Blvd, has secured an exceptional 185,000 square feet of new leases—the highest positive absorption recorded within this area. This remarkable leasing activity contributes significantly to the overall 300,000 square feet of positive net absorption recorded in the Energy Corridor for Q4 2024 alone.Future Outlook Brightens.Younan, alongside other industry experts, expects sustained positive trends throughout 2025 and beyond. Forecasts suggest continued improvement in leasing activities,...

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Ensurge Micropower ASA – Subscription Rights Exercise

Ensurge Micropower ASA (the “Company”) has received notice of exercise of in total 367,000 vested incentive subscription rights from an employee of the Company. The vested incentive subscription rights were granted under the Company’s 2022 Subscription Rights Plan and 2023 Subscription Rights Incentive Plan. Of the 367,000 subscription rights, 200,000 have an exercise price per share of NOK 0.5, and 167,000 have an exercise price per share of NOK 0.915.  The Board has resolved to approve such exercise and the resulting issuance of 367,000 new shares in the Company. Upon registration of the share capital increase associated with the exercise of incentive subscription rights in the Norwegian Register of Business Enterprises, the Company’s share capital will be NOK 397,790,160.50 divided into 795,580,321 shares, each...

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Postal Realty Trust to Present at Nareit’s REITweek 2025

CEDARHURST, N.Y., May 19, 2025 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,150 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will present at Nareit’s REITweek: 2025 Investor Conference on Wednesday, June 4, 2025, at 11:00 AM ET. A live audio webcast of the presentation will be available on the Investors section of Postal Realty’s website Postal Realty Trust – Investors – Events & Presentations. For those unable to listen to the live audio webcast, a replay will be available on the website...

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