Day: May 21, 2025

Vigil Neuroscience Enters into Definitive Merger Agreement to be Acquired by Sanofi

Written by Customer Service on May 21, 2025. Posted in Mergers And Acquisitions.

– Vigil’s shareholders to receive up to $10.00 per share in cash, comprised of $8.00 per share in cash at closing and a non-tradeable contingent value right of $2.00 per share in cash following the first commercial sale of VG-3927 – – Acquisition expected to strengthen development path for the oral small molecule TREM2 agonist program, including VG-3927, a Phase 2-ready clinical candidate for potential treatment of Alzheimer’s disease – – Companies expect transaction to close in third quarter of 2025 – WATERTOWN, Mass., May 21, 2025 (GLOBE NEWSWIRE) — Vigil Neuroscience, Inc. (Nasdaq: VIGL), a clinical-stage biotechnology company committed to harnessing the power of microglia for the treatment of neurodegenerative diseases and Sanofi (NASDAQ: SNY), today announced that it has entered into a definitive...

Highrock Resources Options Ontario Gold Property

Written by Customer Service on May 21, 2025. Posted in Mergers And Acquisitions.

TORONTO, May 21, 2025 (GLOBE NEWSWIRE) — Highrock Resources Ltd. (“Highrock” or “the Company”) (CSE: HRK) is pleased to announce that it has entered into an option agreement (the “Option Agreement“) with an arm’s length optionor (the “Optionor“) dated May 12, 2025 (the “Effective Date“), pursuant to which the Company was granted an option (the “Option“) to acquire seven (7) mining claims (116 units) (the “Property“). in the Minnitaki Lake area located between the towns of Dryden and Sioux Lookout in Northwest Ontario. Several historical gold showings are located in the sequence of Archean mafic metavolcanics, metasediments and iron formation which trend ENE through the general area of the property, The area has recently been the focus of gold...

Greenhawk Options Its Greenland Properties and Cancels Outstanding Stock Options

Written by Customer Service on May 21, 2025. Posted in Public Companies.

TORONTO, May 21, 2025 (GLOBE NEWSWIRE) — Greenhawk Resources Inc. (“Greenhawk” or the “Company“) (CSE: GRHK) announces that it has executed an arms-length Option and Joint Venture Agreement (the “Option Agreement”) with 1531323 BC Ltd. (“1531323 BC”) to advance the exploration and development of Greenhawk’s Greenland properties, which include the Storø and Qingaaq mineral exploration licenses (the “Properties”). Under the Option Agreement, 1531323 BC is granted an option to acquire an 80% interest in the Properties in exchange for: (a) an upfront payment of $100,000, which shall be paid within 90 days, and (b) incurring $1,400,000 in spending at the Properties within 24 months according to the following schedule.Payment Period Minimum ExpendituresWithin 6 months of the Closing Date Minimum of $450,000Within...

LexinFintech Holdings Ltd. Reports First Quarter 2025 Unaudited Financial Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, May 21, 2025 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2025. Mr. Jay Wenjie Xiao, Chairman and Chief Executive Officer of Lexin, commented, “The continued improvement across key performance indicators marks the success of our transformation towards a business model driven by data analytics, risk management, and refined operations. In the first quarter, key risk metrics continued to trend strongly, validating the effectiveness of our risk management revamp initiatives. Thanks to the ongoing improvements in risk performance, net income for the first quarter exceeded RMB430 million, sustaining its strong growth trajectory...

CORRECTION — LiveRamp Announces Fourth Quarter and Fiscal Year 2025 Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today under the same headline by LiveRamp (NYSE: RAMP), please note the GAAP operating income and Non-GAAP operating income for the first quarter of fiscal 2026 and fiscal 2026 were stated incorrectly. The corrected release follows: Q4 Revenue up 10% year-over-year FY25 Operating Cash Flow increases 46% year-over-year FY25 Share Repurchases totaled $101 million LiveRamp® (NYSE: RAMP), a leading data collaboration platform, today announced its financial results for the quarter and fiscal year ended March 31, 2025. Q4 Financial Highlights1Total revenue was $189 million, up 10%. Subscription revenue was $145 million, up 9%. Marketplace & Other revenue was $44 million, up 14%. GAAP gross profit was $131 million, up 5%. GAAP gross margin of 69% compressed...

Solar Alliance announces major stride towards profitability and files audited financial results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

TORONTO and KNOXVILLE, Tenn., May 21, 2025 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, has filed its audited financial results for the quarter and year ended December 31, 2024 (the “Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”). The Financial Statements and related MD&A are available under the Company’s profile.at www.sedarplus.ca While Revenues in 2024 fell, from the record level of 2023, gross profits improved, and losses fell substantially as the Company approached breakeven. “Solar Alliance continues to see strong interest in renewable energy and strong demand for commercial solar projects. In recent years, the Company has...

NowVertical Group Reports First Quarter 2025 Financial Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

Company Hosting Investor Webinar on Thursday May 22, 2025, at 10:00 AM ESTQ1 2025 revenue was $10.4 million, up 23% Y/Y excluding recent divestitures Q1 2025 Income from Operations was $1.5 million, up 1,253% Y/Y excluding recent divestitures Q1 2025 Adjusted EBITDA was $2.5 million, up 119% Y/Y excluding recent divestituresTORONTO, May 21, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a leader in AI-driven data solutions, announces financial results for its first fiscal quarter ended March 31, 2025. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars. Management will host an investor webinar at 10:00 AM EST (7:00 AM PST) on Thursday May 22nd, to discuss the Company’s financial and business results. Selected Financial Highlights for the Three Months Ended March...

Premier Health Reports 2025 Second Quarter Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

MONTRÉAL, May 21, 2025 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Company”), a leading Canadian Healthtech company, announces it has filed its unaudited Quarterly Consolidated Financial Statements and MD&A for its second quarter ended on March 31st, 2025. Highlights Mar. 31, 2025 Mar. 31, 2024 Mar. 31, 2025 Mar. 31, 2024 (in thousands of Canadian dollars) (3 months ) (3 months ) (6 months ) (6 months )Revenues 27,137 46,277 59,269 83,250 Gross margin (1) 4,529 8,532 9,666 16,189 Gross margin as a % of revenues 16.7 % 18.4 % 16.3 % 19.4 %Adjusted EBITDA (1) 505 2,576 1,209 5,198 Net Loss (3,151 ) (1,531 ) (5,412 ) (1,762 ) (1) See the Company’s MD&A for details on these non-GAAP measures. SummaryAdjusted...

Senseonics Holdings, Inc. Announces Closing of Public Offering, Including Exercise in Full of the Underwriters’ Option to Purchase Additional Shares, and Closing of Private Placement

Written by Customer Service on May 21, 2025. Posted in Public Companies.

Public offering results in gross proceeds of $57.5 million Private placement results in gross proceeds of approximately $20.3 millionGERMANTOWN, Md., May 21, 2025 (GLOBE NEWSWIRE) — Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced the closing of its previously announced underwritten public offering of a total of 115,000,000 shares of its common stock, which included the exercise in full by the underwriters of their option to purchase up to an additional 15,000,000 shares of common stock, at a public offering price of $0.50 per share. The aggregate gross proceeds from the public offering, before deducting underwriting discounts and commissions...

SCHMID Group Update on Order Situation and Market Development in 2025

Written by Customer Service on May 21, 2025. Posted in Public Companies.

SCHMID Group Update on Order Situation and Market Development in 2025Freudenstadt, May 21st, 2025 – Following a challenging year in 2024, which was particularly affected by the ongoing trade conflict between the USA and China, the SCHMID Group is now experiencing a welcome turnaround. Incoming orders are currently within the expected range, confirming the positive market trend that began to emerge at the end of 2024.FREUDENSTADT, Germany, May 21, 2025 (GLOBE NEWSWIRE) — Following a challenging year in 2024, which was particularly affected by the ongoing trade conflict between the USA and China, the SCHMID Group (NASDAQ: SHMD) is now experiencing a welcome turnaround. Incoming orders are currently within the expected range, confirming the positive market trend that began to emerge at the end of 2024. A key driver...

Day: May 21, 2025

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