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Day: June 16, 2025

Copa Holdings Announces Monthly Traffic Statistics for May 2025

PANAMA CITY, June 16, 2025 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for May 2025:Copa Holdings(Consolidated) May2025 May2024 %ChangeASM (mm) (1)  2,655.2 2,480.5 7.0%RPM (mm) (2)  2,327.2 2,165.6 7.5%Load Factor (3)  87.6% 87.3% 0.3p.p.1. Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown.2. Revenue passenger miles – represents the number of miles flown by revenue passengers3. Load factor – represents the percentage of aircraft seating capacity that is utilizedFor May 2025, Copa Holdings’ capacity (ASMs) increased by 7.0%, while system-wide passenger traffic (RPMs) increased by 7.5% compared to 2024. As a result, the system load factor for the month was 87.6%, 0.3 percentage...

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Phathom Pharmaceuticals Announces FDA Correction to Orange Book Listing, Confirming 10 Years of Regulatory Exclusivity for VOQUEZNA® (vonoprazan) Tablets Through May 3, 2032

FLORHAM PARK, N.J., June 16, 2025 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal (GI) diseases, today announced that the U.S. Food and Drug Administration (FDA) has updated the Approved Drug Products with Therapeutic Equivalence Evaluations (the “Orange Book”) to accurately reflect the full 10-year period of non-patent New Chemical Entity (NCE) exclusivity for VOQUEZNA® (vonoprazan) 10 mg and 20 mg tablets. The corrected Orange Book listing confirms that VOQUEZNA is entitled to NCE regulatory exclusivity through May 3, 2032, aligning with statutory requirements and reinforcing the long-term commercial runway for the first-in-class product. About Phathom Pharmaceuticals, Inc.Phathom Pharmaceuticals is a biopharmaceutical...

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4Site Acquired by Volaris Group

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Volaris Group today announced the acquisition of 4Site, a provider of an integrated EAM (Enterprise Asset Management) suite for asset-intensive businesses. 4Site delivers solutions across several industries, including mining, pulp & paper, and energy. The company will join AssetWorks Appraisal – Asset Management. “The acquisition of 4Site marks a significant milestone in the continued growth of AssetWorks’ Asset Management Division. 4Site’s proven EAM platform, trusted by leaders in mining, power generation, and pulp and paper, adds powerful capabilities in maintenance, supply chain, and financial performance management. We are especially excited to welcome the talented 4Site team to AssetWorks. Their deep industry knowledge, technical expertise, and longstanding customer relationships...

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PMGC Holdings Inc. Signs Letter of Intent to Acquire Profitable U.S.-Based AS9100D & ISO 9001:2015 Certified CNC Machine Shop Serving Aerospace, Defense, and Industrial Markets for over 35 years

Acquisition Target Specializes in Precision Milling, Turning, Mold Manufacturing, and Specialty Metals Expertise Serving Aerospace, Defense, and Industrial Markets This is PMGC’s third pending acquisition since April of 2025, demonstrating that its M&A strategy is well underway, with additional deals expected this year. PMGC Sees Significant Opportunity in Acquiring Additional US based CNC and Precision Manufacturing Companies Serving Aerospace, Industrial, and Defense Markets.NEWPORT BEACH, Calif., June 16, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC,” “we,” or “us”), a diversified public holding company, is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) to acquire a California-based, cash-flow positive computer numerical control (“CNC”) machining company with...

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Extendicare Announces June 2025 Dividend of C$0.042 per Share

MARKHAM, Ontario, June 16, 2025 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.042 per common share of the Company for the month of June 2025, which is payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. We are committed to delivering quality care to meet the needs of a growing seniors’ population, inspired by our mission to provide people with the care they need, wherever they call home. We operate a network...

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Onconetix, Inc. Announces Positive Decision by Nasdaq Hearings Panel

CINCINNATI, Ohio, June 16, 2025 (GLOBE NEWSWIRE) — Onconetix, Inc. (Nasdaq: ONCO) (“Onconetix” or the “Company”), a commercial-stage biotechnology company focused on the research, development, and commercialization of innovative solutions for men’s health and oncology, today reported that on June 11, 2025, the Company received a decision from the Nasdaq Hearings Panel granting the Company’s request for continued listing on The Nasdaq Stock Market, subject to the Company demonstrating compliance with the Nasdaq Listing Rule 5550(a)(2) (the “Periodic Filing Listing Rule”) by June 13, 2025 and the  Nasdaq Listing Rule 5250(c)(1) (the “Bid Price Listing Rule”) on or before June 30, 2025. The Nasdaq hearing on the matter was held on May 27, 2025. Since the hearing, Onconetix demostrated  compliance with the Periodic Filing Listing...

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Actelis Networks Accelerates US Federal Government and Military Expansion Efforts, Hires Industry Veteran Sales Director as Company accelerates efforts in Major Military Branches

Strategic federal initiative includes appointment of Jason Chasse, a US Federal and Military sales veteran with over 30 years of experience, as Director of Federal Sales. FREMONT, Calif, June 16, 2025 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it is accelerating its federal and military market expansion initiatives. As part of this strategic push, the Company is pleased to announce that it has hired Mr. Jason Chasse as full-time Director of Federal Sales. Actelis has a long history serving as a trusted partner to major military and federal agencies and believes the Company is uniquely positioned to capitalize on major opportunities in...

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OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements

SINGAPORE, June 16, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call following its successful Nasdaq listing in May 2025. Operational HighlightsNew order win in Angola and renewed contract in Thailand; Southeast Asia emerging as driving force in customer acquisition Expanding business footprint and growing talent pool R&D achievements and partnerships steadily enriching product portfolio Consistent enhancements to occupational health, safety and environmental management Development initiatives fostering revenue diversification...

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N2OFF is Increasing its Investment in Melz Project to Explore Additional 40-60 MW Battery Storage

Neve Yarak, Israel, June 16, 2025 (GLOBE NEWSWIRE) — N2OFF, Inc.(NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable and innovative solutions for solar energy and agri-tech markets, today announced plans to increase its investment in the 111 MWp solar photovoltaic project in Melz, Germany, to explore the integration of a 40–60 MWp battery energy storage system (BESS). This investment is part of N2OFF’s intention to advance its renewable energy business. The Melz project, a cornerstone of N2OFF’s joint venture in the renewable energy sector, received approval from the Melz Municipal Committee on December 31, 2024 to promote the inclusion of the project in its statutory plan, marking a significant step toward ready-to-build status by early of 2026. The proposed addition of a 40–60 MWp...

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Solo Brands, Inc. Appoints John Larson as Chief Executive Officer; Company Completes Comprehensive Debt Restructuring

Well-positioned to pursue strategic transformation, supported by strong leadership bench and extended financial runway GRAPEVINE, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Solo Brands, Inc. (NYSE: DTC; OTC: DTCB) (“Solo Brands” or “the Company”), a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, today announced that Mr. John P. Larson was appointed as permanent President and Chief Executive Officer, effective immediately. Mr. Larson will also continue to serve on the Company’s Board. The Company also announced that Solo Brands, LLC, as borrower (the “Borrower”), an indirect subsidiary of the Company, entered into Amendment No. 4 (the “Amendment”) to the Credit Agreement dated as of May 12, 2021 (as amended, the “Credit Agreement”), by and among the...

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