Day: June 10, 2025
CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds.
Fund name changes
Effective June 20 2025, the following name changes will take effect:Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund
Canoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio ClassThese changes reflect Canoe Financial’s continued focus on clarity, precision and alignment between fund names and investment strategies.
Canoe Fundamental Global Balanced FundThe new name reflects the fund’s change in investment strategy to focus on fundamental, bottom-up security selection, in alignment with Canoe Financial’s investment process.
This change also removes the risk management overlay...
IREN announces proposed convertible notes offering
Written by Customer Service on . Posted in Public Companies.
SYDNEY, June 10, 2025 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $450 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). IREN also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $50 million principal amount of notes.
Description of notes
The notes will be senior, unsecured obligations of IREN, will accrue interest payable semi-annually in arrears and will mature...
Micropolis Holding Company Filed Annual Report on Form 20-F for the Year Ended December 31, 2024
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DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the “SEC”) on May 8, 2025. The annual report on Form 20-F, which contains Micropolis’ audited annual financial statements for the fiscal year ended December 31, 2024, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at https://investors.micropolis.ai/filings.
The Company will deliver a hard copy of its 2024 annual report on Form 20-F, including its complete audited financial statements, free of...
Xilio Therapeutics Appoints Akintunde Bello, Ph.D., to its Board of Directors
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WALTHAM, Mass., June 10, 2025 (GLOBE NEWSWIRE) — Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced the appointment of Akintunde (Tunde) Bello, Ph.D., to the company’s board of directors.
“Tunde is an accomplished leader with a strong track record of successfully developing novel therapies across a broad range of therapeutic areas, including several important cancer immunotherapies for anti-CTLA-4, PD-1 and T-cell engager through all stages of development, and I am thrilled to welcome him to the board,” said Paul Clancy, chair of the board of directors of Xilio Therapeutics. “With over 25 years of experience in oncology research and development, focused on translational medicine and clinical...
Globalink Investment Inc. Announces Charter and Trust Agreement Amendments
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New York, NY, June 10, 2025 (GLOBE NEWSWIRE) — Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete its initial business combination and change the structure and cost of such extensions. Under the amended charter, Globalink may extend the deadline to complete its initial business combination by up to six (6) monthly extensions, from June 9, 2025 to December 9, 2025 by depositing $0.15 per public share into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”).
Globalink’s stockholders, at a special meeting of its stockholders held on June 4, 2025, approved an amendment to...
Purpose Unlimited Announces Completion of Steadyhand Acquisition
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, June 10, 2025 (GLOBE NEWSWIRE) — Purpose Unlimited Inc. (“Purpose” or “Purpose Unlimited”), a rapidly growing Canadian financial services firm, announced today that it has completed its acquisition of Steadyhand Investment Management Ltd. and Steadyhand Investment Funds Inc. (collectively, “Steadyhand”), an independent Vancouver-based wealth management firm with approximately $1.3 billion in assets serving Canadian investors.
“We’re excited to begin this new chapter with Steadyhand,” said Som Seif, founder and CEO of Purpose Unlimited. “Steadyhand has earned a remarkable reputation for putting investors first, with a disciplined, outcome-focused approach and exceptional client care. While Purpose brings a broader platform and an innovative mindset, we’ve long respected how Steadyhand serves its clients—and we’re...
BrightSpring Announces Secondary Offering of Common Stock
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LOUISVILLE, Ky., June 10, 2025 (GLOBE NEWSWIRE) — BrightSpring Health Services, Inc. (NASDAQ: BTSG) (“BrightSpring” or the “Company”), a leading provider of home and community-based health services for complex populations, today announced that certain of its stockholders (the “Selling Stockholders”), including affiliates of Kohlberg Kravis Roberts & Co. L.P. (the “KKR Selling Stockholder”) and certain members of management, intend to offer for sale in an underwritten secondary offering an aggregate 14,000,000 shares of common stock of BrightSpring pursuant to a shelf registration statement filed by BrightSpring with the U.S. Securities and Exchange Commission (the “SEC”). The KKR Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of BrightSpring’s common stock....
Vimeo Elects Adam Cahan, Lydia Jett, and Kirsten Kliphouse to Board of Directors
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NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Vimeo, Inc. (NASDAQ: VMEO), one of the largest and most trusted private video networks in the world, today announced the election of Adam Cahan, Lydia Jett, and Kirsten Kliphouse to its Board of Directors. The new Board members were elected during the company’s Annual Stockholder Meeting on June 9, 2025. In addition to its new Board members, Vimeo also announced the departures of two Board members, Alesia J. Haas and Ida Kane, both of whom had served on the Board since Vimeo’s spin-off in 2021.
Vimeo’s new Board members represent a diverse background of experience, helping continue to guide the company in a positive trajectory. We believe their combined expertise will be invaluable as we continue to innovate and serve our growing global community. More about the new Board members below:Adam...
Ryman Hospitality Properties, Inc. Closes Acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa
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NASHVILLE, Tenn., June 10, 2025 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) announced today it has closed the previously announced acquisition of the JW Marriott Phoenix Desert Ridge Resort & Spa (“JW Marriott Desert Ridge”) in Phoenix, Arizona.
Mark Fioravanti, President and Chief Executive Officer of Ryman Hospitality Properties, said, “I want to thank the Ryman team and the sellers, Trinity Investments, for their collaboration in executing an efficient and successful closing. We are excited to begin integrating this premier resort into our differentiated, group-focused portfolio, and we look forward to pursuing compelling value creation opportunities at this beautiful property and across our one-of-a-kind portfolio.”
Located amid approximately 402 acres of Arizona’s Sonoran Desert,...
CoreCivic Enters Into Definitive Agreement to Acquire The Farmville Detention Center
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BRENTWOOD, Tenn., June 10, 2025 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it has entered into a definitive agreement to acquire the Farmville Detention Center, a 736-bed facility constructed in 2010 and located in Farmville, Virginia. The transaction is expected to be consummated through the acquisition of 100% of the membership interests in entities that own the facility. Farmville Detention Center provides transportation, care, and civil detention services to adult male noncitizens through an Intergovernmental Service Agreement between Prince Edward County, Virginia and U.S. Immigration & Customs Enforcement (“ICE”), which expires in March 2029.
The total purchase price, amounting to $67.0 million, is expected to be funded with cash on hand and borrowing...