Month: May 2025

Medallion Bank Announces Pricing of Series G Preferred Stock Offering

Written by Customer Service on May 16, 2025. Posted in Public Companies.

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBKNP), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today that it has priced a public offering of 3,000,000 shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share, with a liquidation amount of $25 per share (the “Series G Preferred Stock”) and an aggregate liquidation amount of $75 million. Dividends will accrue on the liquidation amount of $25 per share of the Series G Preferred Stock at a fixed rate per annum equal to (i) 9.00% from the original issue date of the Series G Preferred Stock to, but excluding, July 1, 2030, and (ii) from and including July 1, 2030,...

FibroBiologics Presents at the Society for Investigative Dermatology Annual Meeting

Written by Customer Service on May 16, 2025. Posted in Public Companies.

HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) — FibroBiologics, Inc. (Nasdaq: FBLG) (“FibroBiologics”), a clinical-stage biotechnology company with 240+ patents issued and pending with a focus on the development of therapeutics and potential cures for chronic diseases using fibroblasts and fibroblast-derived materials, today announced that Senior Research Scientist, Dr. Chuo Fang M.D., Ph.D., delivered a poster presentation at the Society for Investigative Dermatology (SID) Annual Meeting that took place in San Diego May 7-10, 2025. The SID Annual Meeting provides a premier forum for skin biology research and education for researchers to share transformative scientific discoveries and medical innovations that improve human health. The poster presentation entitled “Immunomodulatory Potential of Human Dermal Fibroblast Spheroids in...

Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.

Written by Customer Service on May 16, 2025. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) — Rio Silver Inc. (the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to its announcement on March 26, 2025, it has received from the TSX Venture Exchange (the “Exchange”) conditional acceptance (the “Conditional Approval”) of the proposed transaction (the “Transaction”) with Peruvian Metals Corp. for the acquisition of Mamaniña Exploraciones S.A.C. The Company is working to satisfy the remaining conditions outlined in the Conditional Approval and will be making further announcements in respect thereof including without limitation the geological report prepared in accordance with National Instrument 43-101 and other items. The Transaction remains subject to the Exchange’s final acceptance. There can be no assurances that the conditions under the Conditional...

De Tomaso launches €1.6m P72 Luxury Hypercar as ESGL Business Combination Nears Completion

Written by Customer Service on May 16, 2025. Posted in Mergers And Acquisitions.

Production debut of the De Tomaso P72 underscores brand strength and commercial readiness as ESGL business combination advances SINGAPORE, May 16, 2025 (GLOBE NEWSWIRE) — ESGL Holdings Limited (NASDAQ: ESGL), a leader in sustainable circular solutions, announces a major milestone in its strategic merger with De Tomaso Automobili: the official unveiling of the production specification P72. This event reinforces the strong operational and brand foundation of the combined company, as the proposed business combination approaches its targeted closing in June 2025. The P72, originally revealed as a concept at the 2019 Goodwood Festival of Speed, now enters its production form. Developed on a clean-sheet carbon fibre chassis and powered by a bespoke 5.0L supercharged V8 engine, the P72 represents a return to timeless, mechanical design...

FRO – Invitation to Q1 2025 Results Conference Call and Webcast

Written by Customer Service on May 16, 2025. Posted in Public Companies.

Frontline plc.’s preliminary first quarter 2025 results will be released on Friday May 23, 2025, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow the “Webcast” link, or access directly from the link below. Frontline plc Q1 2025 Webcast b. Conference Call Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. Frontline plc Q1 2025 Conference Call A Q&A session will be held after the teleconference/webcast....

GDEV announces results for the first quarter of 2025

Written by Customer Service on May 16, 2025. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, May 16, 2025 (GLOBE NEWSWIRE) — GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its financial and operational results for the first quarter ended March 31, 2025. First quarter 2025 financial highlights:Revenue of $97 million declined by 9% year-over-year. Selling and marketing expenses of $42 million declined by 33% year-over-year driven by a shift in our user acquisition strategy to focus on a higher margin audience. Game operation cost remained relatively stable at the level of $14 million vs. $13 million in Q1 2024. Profit for the period, net of tax, of $14 million in Q1 2025 increased vs. loss of $5 million in Q1 2024, mostly due to the decrease in selling and marketing expenses. Adjusted EBITDA1 of $16 million increased vs. loss of $0.9 million...

Concorde International Group Reports Full-Year 2024 Financial Results and Provides Business Update

Written by Customer Service on May 16, 2025. Posted in Earnings Releases And Operating Results.

Gross profit increased 20.8% in 2024 compared to 2023 SINGAPORE, May 16, 2025 (GLOBE NEWSWIRE) — Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced financial results and provided a business update for the year ended December 31, 2024. 2024 Financial HighlightsMaintained stable revenues at approximately $10.5 million for the year ended December 31, 2024, compared to $10.7 million in 2023. Gross profit increased by approximately 20.8% to $3.6 million in 2024 compared to approximately $3.0 million in 2023, driven in part by an improvement in gross profit margin, which increased to approximately 34.5% in 2024, compared to approximately 28.1% in 2023. Completed...

NextNRG Reports Preliminary April 2025 Revenues up 154% Year-over-Year

Written by Customer Service on May 16, 2025. Posted in Earnings Releases And Operating Results.

Robust April Results Reflect Execution Strength, Sustained Volume Growth and Scalable Business Model MIAMI, May 16, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging and on-demand mobile fuel delivery solutions— today announced preliminary unaudited financial results for April 2025. April 2025 Highlights:Revenue: $5.82 million, up 154% year-over-year Gallons Delivered: 1.78 million, up 207% year-over-yearApril marks another strong month of growth, supported by sustained volume increases and recent expansion into Oklahoma, alongside rising demand from national fleet clients using NextNRG’s on-demand fueling platform. “Our April...

Windtree Therapeutics Reports First Quarter 2025 Financial Results and Provides Key Business Updates

Written by Customer Service on May 16, 2025. Posted in Earnings Releases And Operating Results.

WARRINGTON, Pa., May 16, 2025 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or “the Company”) (NasdaqCM: WINT), a biotechnology company focused on becoming a revenue generating company and advancing early and late-stage innovative therapies for critical conditions, today reported financial results for the first quarter ended March 31, 2025 and provided key business updates. “The first quarter of 2025 was marked with significant progress. We announced our new corporate strategy to become a revenue generating company by seeking to identify and acquire revenue-generating FDA-approved assets while advancing our cardiology and oncology pipeline,” said Jed Latkin, Chief Executive Officer of Windtree. Mr. Latkin continued, “We believe that this strategy has the potential to transform Windtree into both a commercial and development...

OptimizeRx to Participate in Upcoming Investor Conferences

Written by Customer Service on May 16, 2025. Posted in Public Companies.

WALTHAM, Mass., May 16, 2025 (GLOBE NEWSWIRE) — OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals (HCPs) and patients, today announced that management will participate in the following upcoming investor conferences:B. Riley Securities 25th Annual Investor Conference, Marina del Rey, May 21 – 22, 2025 Stifel 2025 Boston Cross Sector 1×1 Conference, Boston, June 3 – 4, 2025 45th Annual William Blair Growth Stock Conference, Chicago, June 3 – 5, 2025 The Citizens Medical Devices and Healthcare Services Forum, Boston, June 17, 2025B. Riley Securities 25th Annual Investor ConferenceDate: Thursday, May 22, 2025Format: 1×1 Meetings & Fireside ChatLocation: The Ritz-Carlton, Marina...

Month: May 2025

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