Month: May 2025

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

Written by Customer Service on May 19, 2025. Posted in Public Companies.

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,...

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

Written by Customer Service on May 19, 2025. Posted in Mergers And Acquisitions.

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...

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

Written by Customer Service on May 19, 2025. Posted in Dividend Reports And Estimates.

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...

Mural Oncology Announces Number of Relevant Securities in Issue

Written by Customer Service on May 19, 2025. Posted in Public Companies.

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...

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

Written by Customer Service on May 19, 2025. Posted in Public Companies.

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....

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

Written by Customer Service on May 19, 2025. Posted in Mergers And Acquisitions.

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,...

Ensurge Micropower ASA – Subscription Rights Exercise

Written by Customer Service on May 19, 2025. Posted in Public Companies.

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...

Postal Realty Trust to Present at Nareit’s REITweek 2025

Written by Customer Service on May 19, 2025. Posted in Public Companies.

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...

Lee Enterprises Hosts Live Drawing Series with VeeFriends and Award-Winning Editorial Cartoonists May 20 and May 22

Written by Customer Service on May 19, 2025. Posted in Public Companies.

DAVENPORT, Iowa, May 19, 2025 (GLOBE NEWSWIRE) — Lee Enterprises, Inc. (NASDAQ: LEE), a leading provider of trusted local news, today announced the company is hosting a “Draw Off” event series that will pair The Wisconsin State Journal’s editorial cartoonist Phil Hands and The Buffalo News’ Pulitzer Prize-winning cartoonist Adam Zyglis with D.J. Coffman, Director of Comics at VeeFriends, the character universe and entertainment company created by serial entrepreneur Gary Vaynerchuk. The events will stream live on Facebook from the Wisconsin State Journal on May 20 and the Buffalo News on May 22. “I’m excited to share my drawing process with State Journal readers and introduce the art of political cartooning to the VeeFriends fans. I can’t wait to see how my creative process compares to D.J.’s.” said Hands. Zyglis...

Security National Financial Corporation (NASDAQ: SNFCA) Announces Completion of Lending Transaction on Residential Development Loan in Arrowhead Ranch

Written by Customer Service on May 19, 2025. Posted in Public Companies.

Transaction Supports Strategic Focus on Core Operations and Balance Sheet Strength MURRAY, Utah, May 19, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (NASDAQ: SNFCA), announced the successful conclusion of its lending transaction which facilitated the development of the Arrowhead Ranch residential project located in Payson, Utah. As a result of this transaction Security National realized “profit-split” income of nearly $4,000,000, which was in addition to the over $3,200,000 in interest and origination fees which were earned over the term of the loan. This acquisition and development loan was originated by the Company in June of 2021 in relation to over 500 planned residential units across various product types on a 162-acre parcel. The Company believes that this return on investment is above that which it would...

Month: May 2025

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