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Day: June 2, 2025

CBS and Gray Media Renew Affiliation Agreements for 52 Markets

NEW YORK and ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) — CBS, a subsidiary of Paramount Global, and Gray Media (“Gray”) announced today that they have entered into an agreement that renews 52 of Gray’s existing 53 CBS network affiliations. As part of the agreement, the renewing CBS affiliates will continue to be available locally to subscribers on Paramount+ and widely distributed across all traditional and virtual MVPD platforms. Effective August 16, 2025, Gray’s Atlanta station WANF will cease its affiliation with the CBS Network and thereafter operate an independent television station hyper-focused on the Atlanta market. Cautionary Note Concerning Forward-Looking StatementsGray Media. This press release contains certain forward-looking statements that are based largely on Gray’s current expectations and reflect various estimates...

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Truxton Capital Advisors Serves as Sole Financial Advisor to T&R Recovery in Growth Investment from Genesis Park and Cyprium Partners

NASHVILLE, Tenn., June 02, 2025 (GLOBE NEWSWIRE) — Truxton Capital Advisors (TCA) is pleased to announce its role as the exclusive financial advisor to T&R Recovery Holdings, LLC (“T&R Recovery” or the “Company”) in connection with a strategic growth investment from GP Capital Partners, LP, an investment fund managed by Genesis Park, and Cyprium SBIC I LP, an investment fund managed by Cyprium Partners. This transaction included a combination of debt and minority equity, as well as a delayed draw facility to support T&R Recovery’s future expansion initiatives. The capital infusion will accelerate the Company’s strategic growth through acquisitions and market expansion across the behavioral health landscape. “We are proud to have advised the outstanding team at T&R Recovery in this transformative transaction,”...

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Snail Games Celebrates ARK Franchise’s 10-Year Anniversary with New Content and Global Community Events

A Thriving Franchise Marking 10 Years of Innovation Within the Sandbox Survival Genre CULVER CITY, Calif., June 02, 2025 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is proud to commemorate the 10-year anniversary of ARK: Survival Evolved (“ASE”), its flagship title and a pillar of its long-term success. Since its debut in Early Access in 2015, ARK has evolved into what we believe to be a world-renowned franchise with a massive player base, strong commercial performance, and an enduring presence in the sandbox survival gaming ecosystem. With an install base of over 92.1 million for ARK: Survival Evolved and more than 3.7 billion hours of total playtime logged on Steam, the original title remains one of the...

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Quantum eMotion Closes Brokered LIFE Financing of $12,000,000

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, June 02, 2025 (GLOBE NEWSWIRE) — Quantum eMotion Corp. (“QeM” or the “Corporation”) (TSX.V: QNC; OTCQB: QNCCF; F: 34Q0) is pleased to announce that it has closed its previously announced best efforts brokered private placement for total gross proceeds of $12,000,000 (the “Offering”), consisting of the issuance of 8,000,000 units of the Corporation (each a “Unit”) at a price of $1.50 per Unit (the “Offering Price”), pursuant to the listed issuer financing exemption (the “LIFE Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”). A.G.P. Canada Investments ULC (the “Agent”) acted as sole bookrunner for the Offering and A.G.P./Alliance Global Partners acted as the sole U.S. agent to the Corporation...

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Atlantic International Corp. Appoints Industry Veteran Matt Evelt as Chief Operating Officer to Lead Global Workforce Solutions Strategy

ENGLEWOOD CLIFFS, N.J., June 02, 2025 (GLOBE NEWSWIRE) — Atlantic International Corp. (NASDAQ: ATLN), a premier provider of outsourced services, staffing, and workforce solutions, today announced the appointment of Matt Evelt as Chief Operating Officer (COO), effective immediately. Evelt brings more than two decades of leadership experience in workforce strategy, operational transformation, and international expansion. In his new role, he will oversee global operations, drive efficiency, and help scale Atlantic International’s delivery of innovative, client-focused staffing and workforce solutions. Evelt most recently served as President – Americas at Airswift, where he successfully led operations across North and South America. His career includes executive roles at The ROOSEVELT Strategic, Gattaca, NES Fircroft, and TRS Staffing...

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WANF Expands its Commitment to Atlanta News First As an Independent Local Television Station in Gray Media’s Home Market of Atlanta

ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) — On August 15, 2025, Gray Media’s local television station WANF will end its 31-year affiliation with the CBS Network to begin a new chapter as an independent television station. Going forward, WANF will leverage its successful local news operation, complete control of its daily program schedule, and the resources of the locally based Gray Media to better serve the local community with on-air and online content throughout the day that is more responsive to the growing Atlanta metropolis. “As residents of Atlanta along with our families, this company’s leadership and our corporate colleagues have been keenly focused on improving what we watch every day on WANF and its sister station, WPCH PeachtreeTV,” said Gray’s Executive Chairman Hilton Howell. “We are excited to now take WANF in a new...

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PRESS RELEASE: BIGBEN: FULL YEAR 2024/25 RESULTS

                                              Press release       Lesquin, 2 June 2025 – 6pm CEST FULL YEAR 2024/25 RESULTS:DELAYS TO SEVERAL NEW RELEASES AFFECTED EARNINGS IN 2024/25 BUT WILL LEAD TO STRONG GROWTH IN 2025/26, STARTING IN THE FIRST HALF In its 2 June 2025 meeting, the Board of Directors of Bigben Interactive (ISIN FR0000074072) approved the financial statements for the year ended 31 March 2025. The Statutory Auditors’ report will be issued when the Universal Registration Document is published.Consolidated IFRS figures (€ million) 2024/25 2023/24Sales (IFRS) 288.0 292.0Gross profit% of sales 147.451.2% 142.548.8%EBITDA before non-recurring items% of sales 62.1 62.0Non-recurring items (1.0) 16.0EBITDA 61.1 78.0Operating income(2.0) 23.8Net financial income/(expense)(1.3)(3.6)Profit...

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Nexans further enhances its portfolio in Electrification with the acquisition of Cables RCT in Spain

Nexans further enhances its portfolio in Electrification with the acquisition of Cables RCT in SpainCables RCT is a high-quality, Spanish low-voltage cable producer, with state-of-the-art footprint in Southern Europe and outstanding expertise This acquisition represents an additional milestone in Nexans’ strategy to reinforce its footprint in key geographiesParis, June 2nd, 2025 — Nexans, a leader in the global energy transition, has completed today the acquisition of 100% of the share capital of Cables RCT. Based in Spain, Cables RCT offers an extensive copper low-voltage portfolio with a recognized outstanding expertise in flexible fire safety solutions for buildings. The company operates across 30 countries with a strong presence in Iberia. This strategic acquisition reinforces Nexans’ commitment to expanding its capabilities in...

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PRESS RELEASE: NACON: FULL YEAR 2024/25 RESULTS

                                                Press release Lesquin, 2 June 2025 – 6pm CEST FULL YEAR 2024/25 RESULTS:DELAYS TO SEVERAL NEW RELEASES AFFECTED EARNINGS IN 2024/25 BUT WILL LEAD TO STRONG GROWTH IN 2025/26, STARTING IN THE FIRST HALF In its 2 June 2025 meeting, the Board of Directors of NACON (ISIN FR0013482791) approved the financial statements for the year ended 31 March 2025. The Statutory Auditors’ report will be issued when the Universal Registration Document is published.Consolidated IFRS figures (€ million) 2024-2025 2023-2024Sales (IFRS) 167.9 167.7Gross profit% of sales 108.164.4% 104.262.1%EBITDA before non-recurring items% of sales 55.933.3% 56.733.8%Non-recurring items (reversal of earn-out provisions) 3.7 14.2EBITDA 59.6 70.9Operating income1.1 20.9Net financial income/(expense)(5.8)(4.8)Profit...

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Press release – SPIE acquires Rovitech in the Netherlands

Cergy, June 2nd 2025 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the acquisition of Rovitech, a Dutch technical services provider specialising in ICT, telecom and electrical installations. This acquisition will strengthen SPIE’s expertise in data centres and support the expansion of its nationwide footprint in the Netherlands. Founded in 2005 and located in Houten, Rovitech specialises technical services for data centres and network infrastructure. The company is active in the design, installation, as well as 24/7 management and maintenance of data centres and server rooms, for which it also installs cooling systems, fire and intrusion protection, battery energy storage systems (BESS) and emergency power supplies. Moreover, it is expert in the installation, management...

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