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Month: May 2025

ACELYRIN Stockholders Approve Merger with Alumis to Create Clinical Biopharma Company Dedicated to Innovating, Developing and Commercializing Transformative Therapies for Immune-mediated Diseases

LOS ANGELES, May 13, 2025 (GLOBE NEWSWIRE) — ACELYRIN, Inc. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today announced that at the Company’s special meeting of stockholders held earlier today, its stockholders voted to approve the adoption of the Company’s merger agreement with Alumis Inc. (Nasdaq: ALMS). As previously announced, under the terms of the amended merger agreement, ACELYRIN stockholders will receive 0.4814 shares of Alumis common stock for each share of ACELYRIN common stock owned at the closing of the transaction. “We appreciate our stockholders’ support for our merger with Alumis, reflecting confidence that the merger is the most value-maximizing path forward,” said Mina Kim, Chief Executive Officer of ACELYRIN....

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VERB Publishes Management’s Prepared Remarks From Its First Quarter 2025 Earnings Call

LAS VEGAS, May 13, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; LyveCom; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today filed its Form 10-Q reporting financial and operating results for the quarter ending March 31, 2025 and held an earnings conference call at 1 p.m. ET to discuss these results. Prepared remarks during the conference call of Rory J. Cutaia, the Company’s Chairman & CEO, are provided below. Management Prepared Remarks VERB 2025 First Quarter Financial Results Conference Call Tuesday, May 13, 2025, 1 p.m. ET Company ParticipantRory J. Cutaia, CEO Operator: Good afternoon and welcome to the first quarter 2025...

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Jeffersonville Bancorp Announces First Quarter Earnings of $2,718,000 or $0.64 per share; Declares Dividend of $0.15

JEFFERSONVILLE, N.Y., May 13, 2025 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today first quarter net income of $2,718,000 or $0.64 per share compared to $2,553,000 or $0.60 per share for the same quarter in 2024. The increase in quarterly net income compared to 2024 of $165,000 was primarily attributable to a decrease in interest expense of $621,000, an increase in loan interest and fees of $328,000, and an increase in non-interest income of $102,000. The increase was partially offset by a decrease in other interest income of $666,000, an increase in tax expense of $46,000, in salaries and employee benefits of $43,000, and in other non-interest expense of $33,000. “The Company retired all wholesale funding by the end of 2024, reducing forward interest expense from already low levels.”...

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Santech Holdings Limited Files Its Fiscal Year 2024 Annual Report on Form 20-F

HONG KONG, May 13, 2025 (GLOBE NEWSWIRE) — Santech Holdings Ltd. (“Santech” or the “Company”) (NASDAQ: STEC) today announced that it has filed its annual report containing its audited combined financial statements for the fiscal year ended June 30, 2024 on Form 20-F with the Securities and Exchange Commission (the “SEC”) on May 13, 2025 Eastern Time. The annual report can be accessed on Santech’s investor relations website at https://ir.santechholdings.com and on the SEC’s website at http://www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be sent to ir@santechholdings.com. About Santech Holdings Limited Santech Holdings Limited (NASDAQ: STEC) is a technology-focused company. The Company historically...

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Mexco Energy Corporation Declares Dividend on Common Shares

MIDLAND, TX, May 13, 2025 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 16, 2025 to the stockholders of record at the close of business on June 2, 2025. Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin. For more information on Mexco Energy Corporation, go to www.mexcoenergy.com. Dividends are authorized and determined by the Company’s Board of Directors in its sole discretion. Decisions regarding the payment of dividends are subject to a number of considerations at the time, including without...

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FAVO Capital Announces Participation in the D. Boral Capital Inaugural Global Conference

FORT LAUDERDALE, Fla., May 13, 2025 (GLOBE NEWSWIRE) — via IBN — FAVO Capital, Inc. (OTC: FAVO) (“FAVO Capital” or the “Company”), a leading provider of revenue-based funding solutions for small and medium-sized businesses (SMBs), today announced that it will participate in the D. Boral Capital Inaugural Global Conference, where Shaun Quin, President of FAVO Capital, will engage with potential investors and highlight the Company’s growth strategy and market opportunities. Conference Details:Date: Wednesday, May 14, 2025 Location: New York City Venue: The Plaza Hotel“We are looking forward to engaging with potential investors and learning what exactly the industry is looking for in a company about to IPO”. Said Vincent Napolitano, CEO of FAVO Capital, he added, “We believe this platform will showcase...

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Alterra IOS Acquires 2 Industrial Outdoor Storage Locations in Central Texas

Strategic investments in Austin and San Antonio markets increase the firm’s total Texas footprint to 42 locationsSAN ANTONIO, May 13, 2025 (GLOBE NEWSWIRE) — Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 300 sites nationwide, today announced the acquisition of two sites totaling 8.7 usable acres and 33,500 square feet of accompanying warehouse space in the Austin and San Antonio metropolitan areas. Located at 168 Park 35 Cove North in Buda and 5400 U.S. Highway 90 in San Antonio, the transactions underscore Alterra’s commitment to acquiring assets within high-growth economic hubs that attract national, creditworthy tenants. “The Austin-San Antonio corridor remains a central focus of our acquisition strategy due to its economic and population growth,” said Mark Gannon, Senior...

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Altisource Announces Shareholder Approval of Reverse Stock Split and Treatment of Fractional Shares

Shareholders Must Hold Shares in Multiples of Eight by Market Close on May 27, 2025 to Avoid Fractional Share Cash-Out LUXEMBOURG, May 13, 2025 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that its shareholders have overwhelmingly approved a reverse stock split (the “Share Consolidation”) at the Company’s Extraordinary General Meeting of Shareholders held on May 13, 2025. Pursuant to the Share Consolidation, every eight (8) shares of the Company’s common stock will be consolidated into one (1) share of common stock, reducing the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The Share Consolidation is scheduled to become effective on May 28, 2025,...

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Eimskip: First quarter 2025 results

HIGHLIGHTS OF Q1 2025 RESULTS  Seasonal fluctuations in the company’s operations characterize the performance of the first quarter, which nevertheless improves year-on-year.Solid volume in the sailing system during the quarter, grew by 6.6%, while average freight rates remained unchanged from the previous year despite higher rates in Trans-Atlantic. The international freight forwarding performed well during the quarter, despite a decrease in volume, which was based on a favorable mix of projects. In other logistics services, activity decreased year-on-year, mainly due to lower utilization in the company’s coldstore facilities, lower quotas, and lower customer’s inventory levels.Revenue amounted to EUR 200.3 million, an increase of EUR 6.5 million or 3.4% when compared with Q1 2024Expenses amounted to EUR 185.0 million,...

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Euronext completes the acquisition of Admincontrol

Euronext completes the acquisition of Admincontrol The integration of Admincontrol accelerates Euronext Corporate Solutions development in the Nordics and scales up Euronext’s SaaS offering. Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 13 May 2025 – Euronext, the leading European capital market infrastructure, today announces that it has completed the acquisition of 100% of the shares of Admincontrol for an enterprise value of NOK 4,650 million. The transaction complies with Euronext’s capital allocation policy, with a ROCE expected to exceed WACC between years three to five after closing1. Admincontrol will be part of Euronext Corporate Solutions, strengthening the development of the franchise in the Nordics and the UK. The acquisition accelerates Euronext’s strategic ambition to scale up its SaaS offering and increases...

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