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Month: May 2025

InterDigital to Present at William Blair 45th Annual Growth Stock Conference

WILMINGTON, Del., May 27, 2025 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be presenting at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3rd, 2025, at 4:20 PM ET. The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event. About InterDigital® InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment...

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GCL Subsidiary’s Offer for Ban Leong Technologies Declared Unconditional in all Respects

SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — GCL Global Holdings Ltd. (NASDAQ: GCL) (“GCL” or the “Company”) is a leading provider of games and entertainment and the indirect parent company of Epicsoft Asia Pte. Ltd. (the “Offeror”), the bidder seeking to acquire all of the issued and paid-up ordinary shares in the capital of Ban Leong Technologies Limited (SGX: B26) (“Ban Leong”), excluding shares held in treasury (the “Shares”) pursuant to Rule 15 of the Singapore Code on Take-overs and Mergers (the “Offer”). The Offeror today announced that the total number of Shares owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it (including by way of valid acceptances of the Offer) represent approximately 50.90% of the total number of Shares as of May 27, 2025, and accordingly, the Offer has become...

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Zeo Energy Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

NEW PORT RICHEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the fourth quarter and full year ended December 31, 2024. Recent Financial and Operational HighlightsReported $73.2 million of revenue in 2024 despite pricing challenges from a prolonged, higher interest rate environment Reported $2.0 million of adjusted EBITDA in 2024, driven by the Company’s flexible operating model and disciplined cost management Completed the integration of Lumio’s assets, which were acquired in November 2024 as part of Zeo’s market expansion plan Secured $4.0 million in December to develop a year-round sales force and expand market presence, accelerating the...

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BioXcel Therapeutics Receives Positive Recommendation from Data Safety Monitoring Board (DSMB) to Continue SERENITY At-Home Pivotal Phase 3 Safety Trial for Acute Treatment of Agitation Associated with Bipolar Disorders or Schizophrenia

DSMB recommended the continuation of trial as planned Topline data expected in Q3 2025 NEW HAVEN, Conn., May 27, 2025 (GLOBE NEWSWIRE) — BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neuroscience, today announced that an independent Data Safety Monitoring Board (DSMB) recommended that the SERENITY At-Home pivotal Phase 3 safety trial of BXCL501 for acute treatment of agitation associated with bipolar disorders or schizophrenia continue without modification. The DSMB recommendation followed a review of unblinded safety data from the first 115 patients dosed as of the May 2, 2025 cutoff date. The trial is fully enrolled and collection of data over the 12-week period is continuing. “We are pleased with the favorable DSMB meeting outcome...

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XOMA Royalty Purchases Mezagitamab Royalty and Milestone Rights Held by BioInvent International for up to USD $30 Million

EMERYVILLE, Calif. and LUND, Sweden, May 27, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (NASDAQ: XOMA), the biotech royalty aggregator, and BioInvent International AB (“BioInvent”) (Nasdaq Stockholm: BINV), a biotech company focused on the discovery and development of novel and first-in-class immune-modulatory antibodies for cancer immunotherapy, today announced XOMA Royalty has purchased the future mezagitamab (TAK-079) royalty and milestone interests held by BioInvent for USD $20 million at closing, with a total transaction of up to USD $30 million. “This transaction further builds the potential of XOMA Royalty’s late-stage royalty portfolio by increasing our economics in a promising Phase 3 program already in our portfolio,” stated Brad Sitko, Chief Investment Officer of XOMA Royalty.  “We appreciate the longstanding relationship...

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Seanergy Maritime Reports Financial Results for the Quarter Ended March 31, 2025 and Declares Cash Dividend of $0.05 Per Share

Highlights  (in million USD, except EPS) Q1 2025 Q1 2024Net Revenues $24.2 $38.3Net (loss) / income ($6.8) $10.2Adjusted net (loss) / income1 ($5.2) $11.6EBITDA1 $6.6 $21.6Adjusted EBITDA1 $8.0 $23.2     (Loss) / earnings / per share Basic & Diluted ($0.34) $0.50Adjusted (loss) / earnings per share Basic1   ($0.27) $0.58Adjusted (loss) / earnings per share Diluted1 ($0.27) $0.57     Other Highlights and Developments:Fleet TCE2 of $13,403, outperforming the Baltic Capesize Index (“BCI”) by 3% in Q1 2025 Declared $0.05 per share quarterly cash dividend – 14th consecutive quarterly dividend – Cumulative cash dividends of $2.26 per share, totaling $43.1 million $88.1 million in new financings and refinancings at improved terms and pricing Estimated fleet loan-to-value (“LTV”) below 50%;...

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Bion Announces First Offtake Commitments for its Organic Nitrogen Fertilizer

Billings, MT, May 27, 2025 (GLOBE NEWSWIRE) — Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock and organic waste treatment and resource recovery technology, announced it has received the first Letters of Interest (LOI) for its OMRI (Organic Materials Research Institute) Listed nitrogen fertilizer, from two of the largest distributors of organic fertilizers on the West Coast. Perfect Blend has executed an LOI for 50,000 gallons at $7.00 per pound, FOB (Freight on Board) at Bion’s initial fertilizer production facility (location to be determined).  Perfect Blend’s headquarters are in Bellevue, Washington, and they have offices across the USA and increasingly in places around the world. They lead in the research, development, and manufacturing of focused nutrition biological fertilizers and are...

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FLUENT Corp. to Report First Quarter 2025 Financial Results on May 29, 2025

TAMPA, Fla., May 27, 2025 (GLOBE NEWSWIRE) — FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a national cannabis consumer packaged goods company and retailer, today announced it will report financial results for the first quarter ended March 31, 2025, on Thursday, May 29, 2025. The Company will host a conference call and live audio webcast to discuss the financial results and provide investors with key business highlights. The company will issue a press release with its results prior to the call. CONFERENCE CALL DETAILSEvent: FLUENT Corp. First Quarter 2025 Financial Results Call   Date: Thursday, May 29, 2025   Time: 4:30 p.m. Eastern Time   Webcast Link: FLUENT Corp Conference Call   Dial-In Number: 1-844-763-8274 (toll -free) 1-412-717-9224 (international)   Join...

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Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program

Certification Underscores OPT’s Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions MONROE TOWNSHIP, N.J., May 27, 2025 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and more productive ocean operations and related power, data, and service solutions, today announced its recognition as one of the initial certified operators under the Association for Uncrewed Vehicle Systems International (AUVSI) Trusted UMS Operator Program. The program, launched by AUVSI in collaboration with leading industry stakeholders, is designed to establish a high standard for training, proficiency, and safety in the operation of uncrewed maritime systems (UMS)....

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BioNTech to Present Progress Across Diversified Oncology Pipeline at the 2025 ASCO Annual Meeting

MAINZ, Germany, May 27, 2025 — BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) will present clinical trial data from select pipeline candidates across the Company’s diversified oncology portfolio at the American Society of Clinical Oncology (“ASCO”) Annual Meeting, to be held in Chicago, IL, from May 30 to June 3, 2025. The data highlight continued progress of the Company’s clinical programs consisting of complementary therapeutic modalities, including mRNA cancer immunotherapies, next-generation immunomodulators, and targeted therapies, including antibody-drug conjugates (“ADCs”). “We believe that the next era of cancer medicine will be defined by the interplay of complementary mechanisms and innovative molecules, unlocking their full potential through synergy. Our data presentations at this year’s ASCO Annual Meeting...

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