Day: June 13, 2025
SAN FRANCISCO, CALIFORNIA, June 13, 2025 (GLOBE NEWSWIRE) — GT Biopharma, Inc. (the “Company”) (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary TriKE® natural killer (NK) cell engager platform, today announced the appointment of David C. Mun-Gavin to its Board of Directors.
“We are very pleased to welcome David to the Board of Directors. David is an experienced senior executive with global connections and a proven track record of success in working with corporate management teams,” said Michael Breen, Executive Chairman and Chief Executive Officer of GT Biopharma. “His guidance and perspective will be invaluable as we approach our first data readout this year for GTBP-3650 and look to expand the rest of our NK-engager pipeline into broader...
RAPT Therapeutics Announces Effective Date for 1-for-8 Reverse Stock Split
Written by Customer Service on . Posted in Public Companies.
SOUTH SAN FRANCISCO, Calif., June 13, 2025 (GLOBE NEWSWIRE) — RAPT Therapeutics, Inc. (Nasdaq: RAPT) (the “Company”), a clinical-stage immunology-based biopharmaceutical company focused on discovering, developing and commercializing novel therapies for patients living with inflammatory and immunological diseases, today announced that a 1-for-8 reverse stock split of its outstanding shares of common stock will be effective at 11:59 pm Eastern Time June 16, 2025.
Following the reverse stock split, the Company’s common stock will continue to trade on the Nasdaq Global Market under the symbol “RAPT” with the new CUSIP number 75382E 208. The Company’s common stock will begin trading on a reverse stock split-adjusted basis on June 17, 2025.
At the effective time of the reverse split, every eight issued and outstanding shares of the Company’s...
Chanson International Holding Announces Pricing of $8 Million Public Offering
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URUMQI, China, June 13, 2025 (GLOBE NEWSWIRE) — Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced that it has priced a best-efforts public offering with gross proceeds to the Company expected to be approximately $8 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrant offered.
The offering is comprised of 16,000,000 units (each a “Unit”), consisting of one Class A ordinary share of the Company, par value $0.001 per share (the “Class A Ordinary Shares”), or in lieu thereof, a pre-funded warrant, one series A warrant to purchase one Class A Ordinary Share (each, a “Series A Warrant”) and one series...
Millicom (Tigo) Announces Partial Closing of Infrastructure Deal with SBA and Intention to Declare a Special Dividend of $2.50 per Share Representing Around 45% of the Proceeds
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Millicom (Tigo) Announces Partial Closing of Infrastructure Deal with SBA and Intention to Declare a Special Dividend of $2.50 per Share Representing Around 45% of the Proceeds
Luxembourg, June 13, 2025 – Millicom International Cellular S.A. (NASDAQ: TIGO) today announced the partial closing of its previously disclosed transaction with SBA Communications Corporation (NASDAQ: SBAC), through the sale of LATI International S.A., the Luxembourg-based holding company for Millicom’s mobile passive infrastructure assets in Central America. To date, completed closings have generated approximately $600 million in proceeds, with the remainder of the approximately $975 million transaction expected to close in Q3 2025.
In conjunction with this strategic milestone, Millicom’s Board of Directors intends, following the publication of Millicom’s Q2 results,...
NFI Announces Completion of $600 million Second Lien Notes Offering
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WINNIPEG, Manitoba, June 13, 2025 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a leader in propulsion-agnostic bus and coach mobility solutions, today announced that its subsidiary, New Flyer Holdings, Inc. (the Issuer), has completed its previously announced private offering of $600 million in aggregate principal amount of 9.250% second lien senior secured notes due 2030 (the Notes).
NFI received net proceeds of approximately $591.7 million, after deduction of certain fees, expenses and commissions. NFI is using the net proceeds from the offering of the Notes to repay certain indebtedness under the Company’s existing credit facilities, including a portion of the amounts outstanding under the First...
13171229 B.C. Ltd. and Launchit Solutions Inc. Announce Execution of Business Combination Agreement and Launchit’s Concurrent Financing
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) — 1317229 B.C. Ltd. (“131” or the “Company”) and Launchit Solutions Inc. (“Launchit”) are pleased to announce that the Company, Launchit and 1001240330 Ontario Inc. (“Subco”), a wholly-owned subsidiary of the Company, have entered into a business combination agreement dated June 12, 2025 (the “Business Combination Agreement”) pursuant to which the Company will acquire Launchit by way of a three-cornered amalgamation, which will result in the reverse takeover of 131 by Launchit (the “Proposed Transaction”). Upon completion of the Proposed Transaction, the Company will continue to carry on the business of Launchit (thereafter referred to as the “Resulting Issuer”).
Terms of Proposed Transaction
Under the terms of the Business Combination Agreement, the Proposed Transaction...
Multi Ways Holdings Files Annual Report on Form 20-F for Fiscal Year 2024
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SINGAPORE, June 13, 2025 (GLOBE NEWSWIRE) — Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, announced that it has filed its annual report on Form 20-F, including its financial results, for the fiscal year ended December 31, 2024 (the “2024 Annual Report”) with the U.S. Securities and Exchange Commission. The 2024 Annual Report can be accessed under the “Investor Relations” section of the Company’s investor relations website at www.multiwaysholdings.com.
The 2024 Annual Report can be accessed directly at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001941500/000164117225012321/form20-f.htm.
In addition, Multi Ways shareholders may receive a hard copy...
Leading Independent Proxy Advisor Glass Lewis Recommends Shareholders Vote the GREEN proxy FOR ALL MediPharm Director Nominees
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TORONTO, June 13, 2025 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm” or the “Company”), a pharmaceutical company specialized in precision-based cannabinoids, today announced that leading independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. LLC (“Glass Lewis”) published a report on June 12, 2025 recommending that MediPharm shareholders vote the GREEN Proxy or voting instruction form FOR the Company’s nominees for the Board of Directors (the “Board”) at the upcoming Annual and Special Meeting of Shareholders on June 16, 2025 (the “Meeting”).
Glass Lewis is the second independent proxy advisory firm to recommend voting for the Company’s nominees for the Board, following a similar recommendation issued by Institutional Shareholder Services (“ISS”) on May...
Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 5.250% Senior Unsecured Notes Due 2032
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CINCINNATI, June 13, 2025 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its operating partnership, Phillips Edison Grocery Center Operating Partnership I, L.P. (the “Operating Partnership”), has priced a public offering of $350 million aggregate principal amount of 5.250% senior unsecured notes due 2032 (the “Notes”). The Notes were priced at 99.832% of the principal amount and will mature on August 15, 2032. The offering is expected to settle on June 17, 2025, subject to the satisfaction of customary closing conditions. The notes will be fully and unconditionally guaranteed by PECO.
The Operating Partnership intends to use the net proceeds from...
Senmiao Technology Signs a Strategic Cooperation Agreement with Changsha Yipeng to Develop an AI-Backed Data Management System for Online Ride-Hailing Service Providers
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CHENGDU, China, June 13, 2025 (GLOBE NEWSWIRE) — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement (the “Agreement”) with Changsha Yipeng Information Technology Co., Ltd. (“Changsha Yipeng”) to jointly develop an AI-backed data management system aiming to improve efficiency of online ride-hailing management platforms.
Changsha Yipeng has over a decade of experience in developing integrated AI-based information systems, big data, and cloud platforms for government and private entities in China, across a variety of sectors.
Pursuant to the Agreement, Changsha Yipeng will utilize Senmiao’s data (related to drivers, vehicles and riders) from its historical...