Month: May 2025
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) — Global Clean Energy, Inc. (OTC PINK: GCEI) today announced the formation of its Cogeneration Division, marking a significant milestone in its mission to deliver efficient, sustainable, and cost-effective energy solutions through its MicroUtility model.
Cogeneration, or Combined Heat and Power (CHP), is a highly efficient process that simultaneously generates electricity and captures usable heat. GCEI’s MicroUtility installations use natural gas-powered engines to generate electricity, while harnessing waste heat to produce hot water, creating a dual-output system that delivers meaningful energy savings to customers. GCEI owns, installs, and maintains these cogeneration systems, offering end-users guaranteed savings under a shared-savings model. The end-user pays zero out of pocket expenses...
Lottery.com Appoints Marc Bircham to Executive Director
Written by Customer Service on . Posted in Public Companies.
Marc BirchamMarc Bircham is the newest director for Lottery.com Inc.FORT WORTH, Texas, May 13, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery, sports and entertainment, announces the appointment of Marc Bircham to its Board of Directors as an Executive Director.
Currently serving as Director of Sports.com since March 2024, Bircham has played an instrumental role in advancing the Company’s expansion into global sports media and football club acquisitions. A UEFA Pro License holder, he has held senior coaching and managerial roles in England, Ireland, Italy, the USA, Canada and the Caribbean.
Bircham is widely regarded as a Queens Park Rangers (QPR) legend and one of the most iconic figures in the club’s history. With over 300...
Innovative Food Holdings, Inc. Announces 2025 Annual Meeting, and CEO Letter to Shareholders
Written by Customer Service on . Posted in Public Companies.
BROADVIEW, Ill., May 13, 2025 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, today announced the timing for the Company’s 2025 annual meeting of shareholders and shared a letter from the Chief Executive Officer to the Company’s shareholders.
Annual Meeting of Shareholders
The Company will be hosting its annual meeting of shareholders in person on May 28, 2025 at 10:00 a.m. Eastern Time at the Courtyard by Marriott, 114 West 40th St, New York, New York. Please reference the Company’s Definitive Proxy Statement as filed with the U.S. Securities and Exchange Commission on May 5, 2025 for full details on the agenda for the meeting. This will be a great opportunity for investors to meet the Company’s board of directors and...
EMGS reports first quarter 2025 results
Written by Customer Service on . Posted in Public Companies.
Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the first quarter of 2025 are attached.
Summary:
* The Company recorded revenues of USD 10.0 million, up from USD 0.2 million in the first quarter of 2024 and up from USD 9.7 million in the fourth quarter of 2024.
* Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.0 million, up from negative USD 3.8 million in the first quarter of 2024.
* Free cash decreased with USD 3.1 million during the quarter, to USD 6.0 million.
* During the quarter, the Atlantic Guardian completed the first of two proprietary acquisitions in India and commenced mobilisation for the second proprietary acquisition.
* Subsequent to the end of the quarter, on 6 May 2025, EMGS announced the establishment...
Saudi Arabia and NVIDIA to Build AI Factories to Power Next Wave of Intelligence for the Age of Reasoning
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Saudi Arabia to Become a Global AI Leader With Sovereign AI Infrastructure Powered by NVIDIA
RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) — NVIDIA and the Kingdom of Saudi Arabia (KSA) today announced partnerships to transform the country into a global powerhouse in AI, cloud and enterprise computing, digital twins and robotics.
During a state visit today with U.S. President Donald Trump and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, NVIDIA founder and CEO Jensen Huang said that the effort will harness sovereign AI infrastructure and expertise to propel Saudi Arabia to the ranks of global hyperscale AI leaders.
“AI, like electricity and internet, is essential infrastructure for every nation,” Huang said. “Together with HUMAIN, we are building AI infrastructure...
Avance Gas Holding Ltd: Change in Director Appointment
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Avance Gas Holding Ltd (“Avance Gas” or the “Company”) announces that the Board of Directors has resolved to appoint James Ayers and Jonathan Burnett as Directors of the Company and accept the resignations of Øystein Kalleklev, Will Homan-Russell, François Sunier and Kathrine Fredriksen, all with immediate effect (“Directorship Changes”).
James Ayers and Jonathan Burnett are currently CEO and CFO respectively of Front Ocean Management Ltd., a shared-service organization located in Bermuda, which provides various corporate and directorship services to the Company, its subsidiaries and affiliated groups.
The Directorship Changes have been made to facilitate the preparatory and administrative steps ahead of the proposed liquidation of the company, as reported in the press release dated 24 April 2025 which contained the Notice...
Winnebago Industries Named One of America’s Most Trustworthy Companies by Newsweek for 2025
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EDEN PRAIRIE, Minn., May 13, 2025 (GLOBE NEWSWIRE) — Winnebago Industries (NYSE: WGO) has been recognized by Newsweek as one of America’s Most Trustworthy Companies for 2025. This marks the second consecutive year that Winnebago Industries has earned this distinction, reinforcing the company’s commitment to integrity, quality, and customer trust. The Newsweek rankings are based on an independent survey of more than 25,000 U.S. consumers, assessing companies on key pillars of trust: customer trust, employee trust and investor trust.
“At Winnebago Industries, we believe that trust is built through unwavering dedication to our employees, customers and communities,” said President and CEO, Michael Happe. “We are proud to again be recognized as one of the America’s most trustworthy companies. This recognition reflects our continued...
Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031
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Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031
Paris, May 13, 2025 – Valeo announced the placement of new green bonds maturing May 20, 2031 for an amount of 650 million euros.
This issue raised 650 million euros in bonds maturing in 6 years with a coupon of 5.125%. BNP Paribas, Crédit Agricole CIB, CIC, Helaba, ING and Mizuho and acted as Joint Active Bookrunners.
The net proceeds of the transaction will be used for financing projects and investments linked to the portfolio of technologies that contribute to low-carbon mobility, in particular vehicle electrification.
The green bonds are issued under Valeo’s Green and Sustainability-linked Financing framework, established in July 2021 and updated in September 2023, available on Valeo’s website in the “Debt and rating” section. A fifth...
Atlantic American Corporation Reports First Quarter Results for 2025
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.8 million, or $0.03 per diluted share, in the first quarter of 2025 compared to net loss of ($2.0) million, or ($0.10) per diluted share, in the first quarter of 2024. The increase in net income for the first quarter of 2025 was primarily the result of an increase in premium revenue and favorable loss experience in the Company’s life and health operations. Premium revenue for the three month period ended March 31, 2025 increased $2.4 million, or 5.3%, to $46.9 million from $44.6 million in the three month period ended March 31, 2024.
The Company reported operating income (as defined below) of $0.3 million in the three month period ended March 31, 2025 compared to operating loss of ($2.4) million in the three month...
Alumis Stockholders Approve Merger with ACELYRIN
Written by Customer Service on . Posted in Mergers And Acquisitions.
SOUTH SAN FRANCISCO, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today announced that its stockholders voted to approve all proposals required to be approved in connection with the pending merger with ACELYRIN, INC. (Nasdaq: SLRN) at its Special Meeting of Stockholders.
Martin Babler, President, Chief Executive Officer and Chairman of Alumis, said, “We thank our stockholders for their support for the merger and with this milestone now complete, we are moving expeditiously toward closing. We are looking forward to maximizing the value of our portfolio and advancing breakthroughs in immune-mediated diseases with...
