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Day: May 29, 2025

FirstBank’s First Quarter Results Reflect Community Engagement and Stability

FirstBank uplifts small businesses with the “It Takes Courage” campaign LAKEWOOD, Colo., May 29, 2025 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held and top-performing banks with a focus on “banking for good,” announced its 2025 first-quarter summary of the company’s holdings and activities. The bank reported the following quarter-end results:Net income in the first quarter of 2025 was $82.8 million Total deposits were $23.8 billion  Net loans were $15.8 billion   Total assets were $27.1 billion Near the end of the quarter, FirstBank closed the sale of its California Market and four branch locations, successfully transitioning all California accounts and branches to California Bank and Trust (CB&T), a division of Zions Bancorporation. The sale was an important move for the bank, allowing it to...

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VivoPower Receives Revised US$200 Million Enterprise Value Non-Binding Proposal from Energi Holdings For 51% Direct Acquisition of Tembo e-LV

Revised enterprise value of US$200 million for 51% of Tembo e-LV is an increase versus the US$180 million enterprise value offered for 80% of the non affiliated shares of VivoPower Energi will support Tembo’s business combination with Cactus Acquisition Corp 1 Limited at an equity valuation of US$838 million LONDON, May 29, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR) (“VivoPower” or the “Company”) today announced it has received a revised non-binding proposal from Energi Holdings Limited (“Energi”) for a direct strategic acquisition of VivoPower’s subsidiary, Tembo e-LV B.V. (“Tembo”). This follows the announcement by VivoPower on 28 May 2025 in relation to its strategic capital raising and digital asset treasury strategy. The revised proposal from Energi outlines an intention to acquire a 51% controlling...

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Rocky Mountain Chocolate Factory Launches First Fully Redesigned Store in Charleston, South Carolina

DURANGO, Colo., May 29, 2025 (GLOBE NEWSWIRE) — Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the “Company”, “we”, or “RMCF”), America’s Chocolatier™ and a leading franchiser of a premium chocolate and confectionary retail store concept, is proud to announce the grand opening of its first fully redesigned store, located at 415 King Street in the heart of Charleston, South Carolina. The new location opens to the public on June 3, 2025, marking the Company’s first presence in the state and signaling the beginning of a nationwide transformation of the Rocky Mountain Chocolate Factory brand. Owned and operated by seasoned franchisees Ross and Mackenzie Theesen, alongside Charleston local and day-to-day operator Mike Hill, the new store brings RMCF’s renowned premium chocolates, gourmet caramel apples, and handcrafted...

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Clifton Blake’s Strategic Merger with Metropolitan Commercial Realty Inc. positions Clifton Blake as Market Leader in Integrated Real Estate Platforms

Clifton Blake leads the market with a fully integrated real-estate platform TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Clifton Blake, a real estate investment and asset management firm, is pleased to announce its official merger with Metropolitan Commercial Realty Inc., now rebranded as CB Metropolitan Commercial Ltd. (CB Metcom). This strategic merger brings together two highly successful enterprises to fortify capabilities and long-term outcomes for clients and investors. CB Metcom brings to Clifton Blake an active broker network of more than 250 professionals, two decades of experience, and thousands of sales and leasing transactions. This integration enhances Clifton Blake’s ability to source off-market deals, access timely property intelligence, and underwrite with speed and precision. CB Metcom’s client base also opens new...

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Basel Medical Group Ltd Reaffirms Strong Financial Position Amid Market Volatility

Singapore, May 29, 2025 (GLOBE NEWSWIRE) — Basel Medical Group Ltd (Nasdaq: BMGL or the “Company”), today reaffirmed the strength of its underlying financial performance and strategic outlook, despite recent volatility in its share price. Speaking on behalf of the Board and management team, BMGL’s Chief Executive Officer, Dr Darren Chhoa stated, “While recent movements in our share price may raise questions, I want to assure our shareholders and stakeholders that the fundamentals of BMGL remain strong and resilient. Our financial performance continues to be robust, with our subsidiaries winning new sizable contracts particularly in the supply chain, and we remain on track with our acquisition growth strategy.” “We believe that the recent share price decline does not reflect the intrinsic value of our business nor the solid progress...

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Completion of the intra-group restructuring of car trade in Lithuania

TKM Grupp AS published a stock exchange announcement on 07.04.2025, announcing the restructuring carried out in Lithuania by its subsidiary TKM Auto OÜ, which organizes the activities of the car trade segment, the aim of which was to separate the KIA and Škoda business lines. According to the demerger approval signed on 22.05.2025, UAB KIA Auto (the dividing company), which resumed using its previously used business name after the division, transferred the Škoda business line to the acquiring company, which is the company established on 28th of May 2025 during the division and named Motus auto UAB. The division was entered in the Lithuanian Commercial Register on 28th of May 2025. The separation of the Škoda dealership and service business line will allow for more efficient focus on operations and thus achieve better results. TKM Group’s...

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Wolters Kluwer appoints Greg Samios as CEO of Health division

PRESS RELEASE Wolters Kluwer appoints Greg Samios as CEO of Health division Experienced healthcare executive has track record of driving innovation and delivering results Alphen aan den Rijn — May 29, 2025 — Wolters Kluwer, a global leader in information solutions, software, and services for professionals, has named Greg Samios as Chief Executive Officer of its Health division, effective June 1. Samios succeeds Stacey Caywood, who became a Member of the Executive Board of Wolters Kluwer on May 15, 2025.   A seasoned healthcare executive with more than twenty-five years of experience, Samios has served as Executive Vice President of the Health division’s two largest business units, Clinical Effectiveness and Health Learning, Research, and Practice. While a Health division leader, Samios has driven growth in Wolters Kluwer’s leading clinical...

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Establishment of the Risk, Nomination and Remuneration Committees of Bigbank

The Supervisory Board of Bigbank AS decided to establish three new committees: the Risk Committee, the Remuneration Committee and the Nomination committee.The Risk Committee comprises three members of the Supervisory Board: Sven Raba, Vahur Voll and Jaan Liitmäe. The Remuneration Committee consists of three members of the Supervisory Board: Alari Aho, Juhani Jaeger and Jaan Liitmäe. The Nomination Committee is composed of three members of the Supervisory Board: Alari Aho, Juhani Jaeger and Sven Raba.Committee meetings are convened as necessary. The chairman of each committee is elected form among its members. Committee members are remunerated in accordance with the shareholders’ resolution dated 29.05.2025. In addition to the established committees, the Bank’s Audit Committee will continue its work. Bigbank AS (www.bigbank.eu),...

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Safe and Green Holdings Acquires 1,600 Acres of Oil Wells and Oil Leases

New acquisition significantly expands Safe & Green’s oil production holdings MIAMI, FL, May 29, 2025 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures diversified platform transforming critical infrastructure through sustainable modular innovation, announces the acquisition of certain assets of Sherman Oil Company, LLC and several affiliatendividuals and entities that total 1,600 acres of oil wells and leases. The newly acquired assets are are reported to be producing an average of 45 barrels of oil per day. Mike McLaren, Safe and Green Holdings Chairman and CEO commented, “We continue to strengthen our portfolio of oil and gas assets as we endeavor to grow into a diversified...

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Progyny Adds Distinguished Healthcare Executive Elizabeth Bierbower to Board of Directors

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a global leader in women’s health and family building solutions, today announced the addition of healthcare veteran Elizabeth Bierbower to its Board of Directors. “As we continue to round out our board’s experience, Elizabeth’s extensive leadership with some of the largest health plans and deep financial expertise will be invaluable as we scale and innovate across the women’s health and family building spectrum,” said Pete Anevski, CEO of Progyny. “Her insights will support our strategy to deliver even more value to our members, clients, and shareholders as we expand our reach and impact.” Bierbower brings more than 30 years of experience in the healthcare industry, having held leadership roles across health plans,...

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