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Day: June 18, 2025

Jyong Biotech Ltd. Announces Closing of $20 Million Initial Public Offering

New Taipei City, Taiwan, June 18, 2025 (GLOBE NEWSWIRE) — Jyong Biotech Ltd. (Nasdaq: MENS) (the “Company”), a science-driven biotechnology company based in Taiwan committed to developing and commercializing innovative and differentiated new drugs (plant-derived) mainly specializing in the treatment of urinary system diseases, with an initial focus on the markets of the U.S., the EU and Asia, today announced the closing of its initial public offering (the “Offering”) of 2,666,667 ordinary shares (the “Ordinary Shares”) at a public offering price of $7.5 per share for aggregate gross proceeds of approximately $20 million, before deducting underwriting discounts and other offering expenses. The Ordinary Shares commenced trading on Nasdaq Global Market on June 17, 2025, under the ticker symbol “MENS”. The Offering closed on June 18,...

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Ring Energy Announces Credit Facility Extension and Amendment

THE WOODLANDS, Texas, June 18, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that the borrowing base was affirmed at $585 million under its $1.0 billion senior secured credit facility (the “Credit Facility”). In addition, the Credit Facility term was extended to June 2029, and Bank of America, N.A. was named as new Administrative Agent. KEY HIGHLIGHTSEntered into a Third Amended and Restated Credit Agreement with a borrowing base of $585 million; Extended Credit Facility term 34 months to June 2029, supported by an 11-member banking syndicate; Reflects a 25 basis point reduction in the Applicable Margin pricing grid; and Next regularly scheduled bank redetermination to occur during the fall of 2025.Paul D. McKinney, Chairman of the Board and Chief Executive Officer,...

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Condor Provides an Operations Update

CALGARY, Alberta, June 18, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based, internationally focused energy transition company with active operations in Central Asia is pleased to provide an update. UZBEKISTAN Production for June has averaged 11,350 boepd to date which is slightly above the first quarter of 2025 average of 11,179 boepd. Production rates in the second quarter of 2025 have been partially restricted due to unplanned downstream infrastructure maintenance at non-Company operated facilities and recent workovers that were focused on data gathering to enhance geologic and reservoir modeling for the upcoming drilling campaign. The resulting second quarter production to-date is 10,332 boepd. Well workover activities have since returned to production-add opportunities and...

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Coherent Introduces Class-Leading Disposable Surgical Fiber Assemblies for Laser Lithotripsy and Advanced Medical Applications

SAXONBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of its new line of disposable surgical fiber assemblies designed specifically for a wide range of precision medical applications. The new product line is suitable for both OEM integration and for direct clinical use. Engineered to meet the rigorous demands of modern surgical environments, the new fiber assemblies deliver exceptional optical performance, robust durability, and full compatibility with today’s most advanced laser systems. The assemblies are optimized for the transmission of high-power laser energy, delivering efficient stone fragmentation during laser lithotripsy, and supporting a range of procedures in urology, phlebology and other soft tissue surgical procedures. “The introduction...

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Coherent Launches Industry-First 600 W Excimer Laser for High-Volume HTS Tape Production

SAXONBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, introduces the LEAP 600C, the industry’s first 600 W class excimer laser operating at 308 nm wavelength, optimized for Pulsed Laser Deposition (PLD). The LEAP 600C is being unveiled for the first time at Laser World of Photonics 2025 in Munich, Germany. The LEAP 600C is engineered to address the accelerating demand for high-temperature superconducting (HTS) tapes used in magnetic confinement fusion, medical imaging, and next-generation power grids. Compared to current solutions, it delivers double the laser power and throughput and features a novel on-the-fly active injection technology that extends runtime by a factor of three in high-throughput production environments. HTS materials are key to enabling magnetic confinement...

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KDSA Investment Partners Acquires Williams Distributors

Williams Distributors Enters Its Next Phase of Growth Under KDSA Investment Partners’ Ownership SPOKANE, Wash., June 18, 2025 (GLOBE NEWSWIRE) — KDSA Investment Partners (“KDSA”), a food and beverage-focused investment firm, announced today that it has acquired Spokane-based Williams Distributors (“Williams”), the leading direct-store-delivery (“DSD”) distributor of ice cream, frozen pizza and frozen foods in the Northwest. The transaction marks a significant milestone for both companies and a major step forward in KDSA’s strategy to build a rapidly growing and scaled independent DSD platform. The investment was completed in partnership with Greyrock Capital Group. Founded in 1992 by Roger Williams and led for the past six years by his son, Tony Williams, Williams operates a full-service DSD distribution network across Eastern...

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Toll Brothers Apartment Living® and Carlyle Announce the Grand Opening of Peregrine, a Luxury Multifamily Apartment Community in Irving, Texas

Peregrine brings 364 luxury apartment homes and upscale amenities to the Dallas-Fort Worth market IRVING, Texas, June 18, 2025 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living®, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner Carlyle announce the grand opening of Peregrine, a new luxury mid-rise apartment community near Dallas, Texas. Located at 6001 Love Drive in Irving, the community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. A grand opening celebration was held recently with project partners, residents, and guests.“We are excited to introduce Peregrine as the latest addition to our portfolio of luxury communities in Texas,” said John McCullough, President of Toll Brothers Apartment Living. “Peregrine...

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Canadian Life Companies Split Corp. Overnight Offering Announced

TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) is pleased to announce it will undertake an offering of Preferred Shares (TSX: LFE.PR.B) and Class A Shares (TSX: LFE) of the Company. The offering will be led by National Bank Financial Inc. The sales period of this overnight offering will end at 9:00 a.m. EST on June 19, 2025. The offering is expected to close on or about June 26, 2025 and is subject to certain closing conditions including approval by the TSX. The Preferred Shares will be offered at a price of $10.55 per Preferred Share to yield 6.64% and the Class A Shares will be offered at a price of $6.35 per Class A Share to yield 18.90%. The closing price on the TSX of each of the Preferred Shares and Class A Shares on June 17, 2025 was $10.71 and $6.39, respectively. Since inception...

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Blue Biofuels Strengthens Intellectual Property Portfolio with Issuance of New U.S. Patent

PALM BEACH GARDENS, FL, June 18, 2025 (GLOBE NEWSWIRE) — Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels is proud to announce the issuance of a new United States patent, further strengthening the company’s expanding intellectual property portfolio. This latest patent brings the company’s total number of granted patents to seven, with an additional 25 patent applications pending. Together, they form a robust IP foundation that underscores Blue Biofuels’ commitment to safeguarding its pioneering biofuel technologies.  The newly granted patent marks a significant milestone in the evolution of our proprietary process, which continues to advance in efficiency, scalability, and innovation. As our technology becomes increasingly sophisticated, the importance of securing comprehensive intellectual property protections grows, ensuring...

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Lavoro Reaches Out-of-Court Restructuring Agreement with Key Suppliers and Reports Certain Preliminary Unaudited Financial Information for Second Quarter of Fiscal 2025

Lavoro Brazil reached an agreement with its principal suppliers providing for a multi-year inventory financing framework and the extension of obligation payment terms, positioning the business unit for recovery 2Q25 preliminary unaudited1 consolidated revenue was R$2.25 billion, a decrease of 27% year-over-year, primarily due to inventory shortages in Brazil Ag Retail; preliminary unaudited consolidated gross profit decreased 28% to R$366.9 million FY2025 guidance withdrawn Management to host a conference call today, at 5:00 p.m. ET (6:00 p.m. BRT)SÃO PAULO, June 18, 2025 (GLOBE NEWSWIRE) — Lavoro Limited (Nasdaq: LVRO, LVROW) (“Lavoro”, or the “Company”), the first U.S. listed pure-play agricultural inputs retailer in Latin America, announced today that its subsidiary, Lavoro Agro Holding S.A. (“Lavoro Brazil”) has reached...

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