Day: May 20, 2025

Bartlett agrees to acquire Minnesota-based global agriculture company, Ceres Global Ag Corp.

Written by Customer Service on May 20, 2025. Posted in Mergers And Acquisitions.

Golden Valley, Minnesota, May 20, 2025 (GLOBE NEWSWIRE) — Bartlett, a Savage company, announced today that it has signed an agreement to acquire Ceres Global Ag Corp. Based out of Golden Valley, Minnesota, Ceres is an international agricultural, energy and industrial products merchandising and supply chain company with 10 locations in Minnesota, Manitoba and Saskatchewan. The company also owns membership interests in three agricultural joint ventures in Minnesota and North Dakota. “We’re excited to welcome the Ceres team to Bartlett,” said President and CEO of Savage Jeff Roberts. “We see incredible potential in combining our networks and growing in new ways with the resources that Ceres brings to our portfolio. With their great team and assets, we’ll build on our robust supply chain for our current and new customers alike.”...

Merit Medical Acquires Biolife Delaware, L.L.C.

Written by Customer Service on May 20, 2025. Posted in Mergers And Acquisitions.

Acquired business offers the StatSeal® and WoundSeal® products, which provide hemostasis solutions that complement the wide range of procedures Merit’s portfolio supports. Acquisition projected to add approximately $18 million of revenue, on an annualized basis beginning in fiscal year 2026, with a mid-teens growth and accretive non-GAAP margin and profitability profile Merit reaffirms full-year 2025 financial guidance previously issued on April 24, 2025, and updates full-year 2025 financial guidance to include the projected impact from this acquisitionSOUTH JORDAN, Utah, May 20, 2025 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced that it has acquired Biolife Delaware, L.L.C. (“Biolife”) in a merger transaction through which Biolife has become a wholly-owned...

Glass House Brands Announces Mailing of Circular and Establishment of Share-based Long-term Management Incentive Plan Pending Shareholder Approval

Written by Customer Service on May 20, 2025. Posted in Public Companies.

LONG BEACH, Calif. and TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announces the mailing of its management information circular and related materials to shareholders in connection with the upcoming annual and special meeting of shareholders, to be held on June 20, 2025 (the “Meeting”), where disinterested shareholders will be asked to approve Performance Awards (defined below) associated with the establishment of a long-term management incentive plan and a related increase in the share reserve of the Company’s equity incentive plan. On May 15, 2025 (the “Grant Date”), subject to Disinterested Shareholder and applicable...

ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer

Written by Customer Service on May 20, 2025. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announced it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company. The acquisition would strengthen ZenaTech’s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally. “This target acquisition will strengthen our regional Florida coverage by delivering faster and more precise drone-powered surveys to construction, real estate...

Revival Gold Commences 2025 Field Work and Provides Operational Update

Written by Customer Service on May 20, 2025. Posted in Public Companies.

TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce the start of this year’s field work and provide an update on operational activities at the Company’s gold development projects in Utah and Idaho, U.S.A. Mercur Gold Project, UtahSoil Sampling Program – A comprehensive program of approximately 1,000 soil samples over an area of about 5.7 square kilometers has now been completed by Revival Gold contractor, North American Exploration Services Inc. The program is intended to establish a robust base of geochemical data to help guide resource conversion and expansion drilling north and west of the historically mined Main Mercur area. Submission of assays for the newly collected soil samples is targeted for late May. Results are expected this...

GDS Holdings Limited Reports First Quarter 2025 Results

Written by Customer Service on May 20, 2025. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, May 20, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial HighlightsNet revenue increased by 12.0% year-over-year (“Y-o-Y”) to RMB2,723.2 million (US$375.3 million) in the first quarter of 2025 (1Q2024: RMB2,432.2 million). Net income was RMB764.1 million (US$105.3 million) in the first quarter of 2025 (1Q2024: net loss of RMB344.9 million). Net income margin was 28.1% in the first quarter of 2025 (1Q2024: net loss margin of 14.2%). Adjusted EBITDA (non-GAAP) increased by 16.1% Y-o-Y to RMB1,323.8 million (US$182.4 million) in the first quarter of 2025 (1Q2024:...

DT Midstream Achieves Investment Grade Credit Rating

Written by Customer Service on May 20, 2025. Posted in Public Companies.

DETROIT, May 20, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies:Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and Fitch Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on October 3, 2024.With investment grade ratings from these two credit agencies, DTM expects an improvement in liquidity and reduced interest expense. “Achievement of an investment grade credit rating was a strategic goal we had since we became a standalone public company,” said David Slater, President and CEO. “The ratings upgrades are a recognition of the strength of our balance sheet and the quality and scale of our business.” About DT Midstream DT Midstream (NYSE: DTM) is an owner, operator and developer of natural...

Bayport Management Ltd Investor Presentation – Financial Results Q1 2025

Written by Customer Service on May 20, 2025. Posted in Public Companies.

Investor Presentation – Financial Results Q1 2025AttachmentsQ1 2025 Investor PresentationQ1 2025 Investor Presentation

Pasithea Therapeutics Announces Preclinical Data that Shows PAS-004 Inhibits ETS2 Signaling, a Key Driver of Inflammation in IBD and Other Large Addressable Market Diseases

Written by Customer Service on May 20, 2025. Posted in Public Companies.

— Demonstrates PAS-004’s potential as a differentiated MEK inhibitor for immune-mediated inflammatory diseases such as IBD and ankylosing spondylitis – — Positions PAS-004 for potential expansion beyond MAPK pathway driven tumors into inflammatory diseases – — PAS-004 outperforms FDA-approved MEK inhibitor selumetinib in targeting ETS2 pathway – — Study conducted at Francis Crick Institute by lead author of 2024 Nature paper that identified ETS2 as a central regulator of macrophage-driven Inflammation in IBD — MIAMI, May 20, 2025 (GLOBE NEWSWIRE) — Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, today announced new preclinical data demonstrating that PAS-004 provides superior...

Calibre Releases 2024 Sustainability Report, Reaffirming Commitment to Responsible Growth and Stakeholder Value

Written by Customer Service on May 20, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce the publication of its fifth annual Sustainability Report, highlighting another year of strong economic performance and continued leadership in responsible mining practices. Darren Hall, President and Chief Executive Officer of Calibre, stated: “2024 was a transformative year for Calibre. We continued to deliver strong results while laying the foundation for future growth through the development of the Valentine Gold Mine in Central Newfoundland, Canada and our upcoming merger with Equinox Gold. These milestones reflect our disciplined approach to growth, underpinning strong performance with sustainability as a strategic priority. Our ability to...

Day: May 20, 2025

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