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Month: May 2025

EfTEN United Property Fund distributes 1.416 million euros to investors

EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash distribution of 57 euro cents per unit from the fund to the unitholders. The distribution constitutes 7% of the fund’s latest closing price. This is the first distribution of the EfTEN United Property Fund in 2025. Since the listing of EfTEN United Property Fund on the Nasdaq Tallinn stock market in May 2022, the fund has made distributions in the amount of 1,23 euros per unit. The distribution is based on receipts from the fund’s four underlying funds (EfTEN Real Estate Fund AS, EfTEN Kinnisvarafond II AS, EfTEN Residential Fund, EfTEN Real Estate Fund 5) and from the Invego Uus-Järveküla OÜ development project. The list of unitholders eligible for distribution will be fixed...

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Prosafe SE: Safe Notos Declared Winner in Petrobras Tender

Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. Contract award and timing are subject to a formal process during which Petrobras is under no formal obligation to conclude a contract and other bidders may appeal. A contract, if awarded, has a firm period commitment of four years with the operational commencement in September 2026 closely following on from the expiry of the current Safe Notos contract that commenced in Q3 2022. Total value of the contract is approximately USD 204 million. The Safe Notos is a Dynamically Positioned (DP3) semi-submersible safety and maintenance support (UMS) vessel, capable of operating in harsh environments. The Safe Notos...

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Q1 2025 Qualitative Update: Tecan reports performance in line with expectations and confirms outlook for full year 2025

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Q1 2025 Qualitative Update: Tecan reports performance in line with expectations and confirms outlook for full year 2025 Männedorf, Switzerland, May 12, 2025 – The Tecan Group (SIX Swiss Exchange: TECN) today provided a qualitative update on its performance for the first quarter of 2025.On March 12, 2025, Tecan indicated a decline in sales in local currencies for the first half of the year. In line with expectations, sales in the first quarter declined within a mid-single-digit percentage range in local currencies. The Life Sciences Business segment delivered a solid performance, with sales in local currencies close to the prior-year level. This development was supported by increased sales into the clinical diagnostics segment, particularly for genomic...

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Hepsor AS subsidiary sold 20 apartments and Hepsor AS acquires a 100% ownership stake in Hepsor 3Torni OÜ

Hepsor AS subsidiary Hepsor 3Torni OÜ signed a real rights contract on April 30, 2025, under which 20 apartments in the Ojakalda Kodud development project (Paldiski mnt 227C, Tallinn) were sold to the company’s other shareholder, Artex KV OÜ. The transaction amount was four million euros, excluding value-added tax. The transaction was carried out under market conditions, and the average price per square meter of the apartments sold corresponded to the pricing level of comparable units previously sold within the same development. Hepsor 3Torni OÜ will continue to sell the remaining 20 apartments owned by the company in accordance with the original development project strategy. Within the framework of the Ojakalda Kodud development project, three apartment buildings with a total of 101 apartments have been completed, of which 61 have already...

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Pan American Silver Announces Agreement to Acquire MAG Silver Corp.

All amounts expressed in U.S. dollars unless otherwise indicated. Adds Strategic Interest in Tier-One Juanicipio Silver Mine and Significantly Strengthens its Silver Portfolio Vancouver, British Columbia, May 11, 2025 (GLOBE NEWSWIRE) — Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American“) and MAG Silver Corp. (NYSEAM:MAG) (TSX:MAG) (“MAG“) are pleased to announce that they have entered into a definitive agreement whereby Pan American will acquire all of the issued and outstanding common shares of MAG pursuant to a plan of arrangement (the “Transaction“). MAG is a tier-one primary silver mining company through its 44% joint venture interest in the large-scale, high-grade Juanicipio mine, operated by Fresnillo plc (“Fresnillo“), who holds the remaining 56% interest in...

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RadNet Reports First Quarter Financial Results and Revises Upwards 2025 Financial Guidance Ranges for Revenue and Adjusted EBITDA¹

First quarter Revenue was negatively impacted by approximately $22 million and Adjusted EBITDA(1) was negatively impacted by approximately $15 million as a result of the Southern California wildfires and severe winter weather conditions Total Company Revenue increased 9.2% to $471.4 million in the first quarter of 2025 from $431.7 million in the first quarter of 2024 Revenue from the Digital Health reportable segment increased 31.1% to $19.2 million in the first quarter of 2025 from $14.7 million in the first quarter of 2024 Aggregate procedural volumes increased 3.6% and same-center procedural volumes decreased 0.3% compared with the first quarter of 2024 Total Company Adjusted EBITDA(1) was $46.4 million in the first quarter of 2025 as compared with $58.5 million in the first quarter of 2024, a decrease of 20.6%; Digital Health reportable...

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Genius Group CEO, Roger Hamilton’s X Account Hacked

SINGAPORE, May 10, 2025 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that the X account of its CEO, Roger Hamilton (X handle: @rogerhamilton), has been compromised. The hackers posted false information without the Company’s knowledge or consent regarding an alleged token launch by the Company. Any posts, solicitations or other messages allegedly announcing this are false and must not be relied upon. The Company and Mr. Hamilton urge the public and all Genius Group investors, partners and customers to disregard all posts and private messages they receive from this account, from yesterday through to when there is affirmative confirmation from the Company’s official accounts (X handles: @GeniusGroupLtd_ and @geniusacademyai)...

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DAVIDsTEA Announces the Passing of Founder Herschel Segal

MONTREAL, May 10, 2025 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”) announces with deep sadness the passing of its founder Herschel Segal in Montreal, Québec on Tuesday, May 6, 2025. Herschel Segal was a pioneering Canadian entrepreneur whose career shaped two iconic retail brands. He was the founder of Le Château, a fashion retailer that became a mainstay in Canadian shopping culture for decades. In 2008, he co-founded DAVIDsTEA, transforming the specialty tea category with a bold, modern retail concept that introduced a new generation to the world of tea. Herschel Segal brought vision, determination, and a strong belief in customer connection to every venture he led. At DAVIDsTEA, he championed accessibility, innovation, and a sense of community — principles that continue to define the...

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Akero Therapeutics and HistoIndex Present New Analyses of Phase 2b HARMONY Trial in Oral and Poster Presentations at the EASL Congress 2025

Analysis of EFX results with AI-based digital pathology underscores the potential value in evaluating histopathology response Data contribute to growing body of support around the anti-fibrotic activity of EFX in patients with pre-cirrhotic MASH SOUTH SAN FRANCISCO, Calif., May 10, 2025 (GLOBE NEWSWIRE) — Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic diseases marked by high unmet medical need, today announced results from new analyses of the 96-week Phase 2b HARMONY trial of efruxifermin (EFX) in patients with pre-cirrhotic (F2-F3 fibrosis) metabolic dysfunction-associated steatohepatitis (MASH) in an oral presentation and a poster presentation at the European Association for the Study of the Liver (EASL) Congress 2025 taking place May...

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Madrigal Announces New Clinical Data Demonstrating Rezdiffra™ (resmetirom) Significantly Improved Multiple Noninvasive Tests and Portal Hypertension Risk in Patients with Compensated MASH Cirrhosis

Late-breaking results from the open-label compensated MASH cirrhosis (F4c) arm of the Phase 3 MAESTRO-NAFLD-1 trial presented at the EASL Congress 65% of patients with clinically significant portal hypertension (CSPH) at baseline moved into lower risk categories by year two Patients achieved a mean 6.7 kPa reduction in liver stiffness, which was statistically significant compared to baselineCONSHOHOCKEN, Pa., May 10, 2025 (GLOBE NEWSWIRE) — Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced positive two-year results from the open-label compensated MASH cirrhosis (F4c) arm of the Phase 3 MAESTRO-NAFLD-1 trial of Rezdiffra. Patients (n=122) in the study achieved significant improvements...

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