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Day: June 11, 2025

Apollo Capital Releases Investor Presentation Highlighting Plan to Make MediPharm Labs the World’s Leading International Medical Cannabis Company

TORONTO, June 11, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today issued a presentation to set forth their ambitious plan to grow your investment and help turn MediPharm around.   Outlines Commitment to Immediately and Aggressively Execute on Action Plan to 10X+ Share Price and Create Value for All ShareholdersDetails Specific and Measurable Initiatives to Save MediPharm Labs from Insolvency at the Hands of Greedy, Reckless, and Maligned LeadersSets Forth Plan to Stop Exorbitant Executive Compensation Pay-for-Failure...

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AREVA Institute and SeaStar Medical Announce DoD Award of Prestigious Military Grant to AREVA Institute to Evaluate SeaStar Medical’s SCD Therapy to Advance Breakthrough Burn and Sepsis Research

$2 million in DoD funding enables the evaluation of SeaStar Medical’s SCD therapy in the setting of severe burns, inhalation injury, and sepsis SAN ANTONIO, Texas and DENVER, Colorado, June 11, 2025 (GLOBE NEWSWIRE) — The Autonomous Reanimation and Evacuation (AREVA) Research Institute and SeaStar Medical (Nasdaq: ICU) announced today that a new United States Department of Defense (DoD) grant has been awarded to AREVA. The grant is one of four selected out of 160 total submissions by the 2024 Military Burn Research Program (MBRP) and represents cutting-edge research for extracorporeal immunomodulation to reduce inflammation after severe burns, inhalation injury, and septicemia. The grant supports a three-year research study that is scheduled to begin in July 2025 with more than $2 million in DoD funding. The study will explore...

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Bitcoin Depot Acquires the Assets of Regional Bitcoin ATM Operator Pelicoin, Expanding U.S. Presence

Advances Bitcoin Depot’s Nationwide Expansion Strategy and Long-Term Growth Plans ATLANTA, June 11, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced it has acquired the assets of Pelicoin, LLC, a crypto ATM operator based in New Orleans, Louisiana. The deal will add kiosk locations across Louisiana, Mississippi, Tennessee, Alabama, and Texas, strengthening Bitcoin Depot’s presence in the Gulf South. “Pelicoin is a strategic addition to our footprint in a region where we see real opportunity,” said Brandon Mintz, CEO and founder of Bitcoin Depot. “Pelicoin’s locations give us a stronger presence in the Gulf South, and we can immediately apply our scale and experience to operate their machines more efficiently. This acquisition is part of our broader...

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Asia Broadband Confirms Stock Dividend For July Shareholders of Record

LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the ownership and distribution dates of the shareholders stock dividend recently approved by the Company. The common share dividend will be issued on the basis of 1 dividend share for every 35 shares owned to shareholders of record or beneficial owners of the Company on July 10, 2025. The distribution of the dividend representing over 100 million restricted common shares will be processed by AABB’s transfer agent several days after the ownership record date. The majority of shareholders will receive the dividend shares through their brokers or investment firms. Alternatively, shareholders that own registered share certificates with the Company’s transfer agent will receive the dividend shares directly by...

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NFI Subsidiary Alexander Dennis announces consultation on UK manufacturing strategy

LARBERT, United Kingdom, June 11, 2025 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, announced today that its subsidiary, Alexander Dennis Limited (Alexander Dennis), is entering into a consultation on a new strategy for its United Kingdom (UK) manufacturing operations. The refocused strategy results from the completion of a detailed business review and is intended to adjust the UK business to changing market dynamics. Under the consultation, Alexander Dennis will look at consolidating its UK bus body manufacturing operations into a single site in Scarborough, England. Its Scottish based manufacturing in Falkirk, which has already been reduced in recent years, would be discontinued and the site closed. Production lines at Larbert would...

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Inception Growth Acquisition Limited Announces Extension of Business Combination Period

New York, June 11, 2025 (GLOBE NEWSWIRE) — Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that at its annual meeting of stockholders on June 5, 2025 (the “Meeting”), the Company’s stockholders voted in favor of, among others, the proposals to amend (i) its amended and restated certificate of incorporation; and (ii) the investment management trust agreement with Continental Stock Transfer & Trust Company, giving the Company the right to extend the date on which to commence liquidating the trust account established in connection with the Company’s initial public offering (the “Trust Account”)  by four (4) times for an additional one (1) month each time from June 13, 2025 to October 13, 2025 by depositing into the trust account an aggregate...

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Vera Bradley Announces First Quarter Fiscal Year 2026 Results

First quarter consolidated net revenues totaled $51.7 million Financial condition remains strong with $86 million in liquidity and no debt FORT WAYNE, Ind., June 11, 2025 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced its financial results for the first quarter of the fiscal year ending January 31, 2026 (“Fiscal 2026”). First Quarter Comments Jackie Ardrey, Chief Executive Officer commented, “Our first quarter results were disappointing as top line and profitability trends from the previous several quarters continued. In addition to addressing consumer feedback on product styles and functionality from last summer’s relaunch, we remain committed to ‘being where she shops’ and are working on diversification of our wholesale partnerships. While there is significant work to be done...

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BigCommerce Earns 2025 Top Rated Award from TrustRadius

Ecommerce platform recognized as a leader among ecommerce platforms AUSTIN, Texas, June 11, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that TrustRadius has recognized BigCommerce with a 2025 Top Rated Award. With a TRScore of 7.8 out of 10 and over 450 reviews, BigCommerce is recognized by their customer reviews as a top player in the ecommerce category. “This recognition is based entirely on our customers’ positive sentiment and is especially fulfilling because it reflects the value they receive from our platform as well as our customer success services,” said Ryan Means, senior vice president of global services at BigCommerce. “Winning this TrustRadius award validates that our customers...

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Vera Bradley Announces Management and Board Leadership Changes

CEO Jackie Ardrey will be departing the Company Ian Bickley will assume the role of Executive Chairman Martin Layding is joining the Company as Chief Financial Officer New Board Strategy and Transformation Committee Established FORT WAYNE, Ind., June 11, 2025 (GLOBE NEWSWIRE) — Vera Bradley (Nasdaq: VRA) (the “Company”) today announced that its Chief Executive Officer, Jacqueline Ardrey is leaving the Company. The Board of Directors has launched a national search for Ms. Ardrey’s replacement. She will remain with the Company to aid in the transition until the end of July. Ms. Ardrey joined the Company in November 2022 and launched Project Restoration, a comprehensive strategic initiative to transform the Company’s business model and brand positioning. “I want to thank the Board and our amazing associates for their support and...

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Sunrun’s Distributed Power Plant Capacity Surpasses 650 Megawatts, Ready to Support Grid Reliability Ahead of Summer Heat and Hurricanes

Sunrun is the largest residential energy generating company in America, using batteries paired with solar to improve grid reliability and provide backup power during outages SAN FRANCISCO, June 11, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced that it is activating more than 130,000 home batteries, representing over two-thirds of Sunrun’s total battery fleet, to support America’s power grid this summer. In its grid service programs, Sunrun has the capability of dispatching 650 megawatts of peak power—enough to power 480,000 homes, or a city the size of Austin, Texas—at critical times every day to help meet America’s skyrocketing demand for electricity. “America is entering a period of insatiable, hockey-stick energy demand driven by manufacturing,...

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