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Day: June 26, 2025

Lesaka and Bank Zero Merge Ambitions in Landmark Transaction

JOHANNESBURG, June 26, 2025 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or “the group”) today announced that its wholly-owned subsidiary, Lesaka Technologies Proprietary Limited, has entered into an agreement to acquire (directly and indirectly) 100% of the issued ordinary shares of Bank Zero Mutual Bank (“Bank Zero”). The acquisition consideration will be settled through a combination of newly issued shares – such that the shareholders of Bank Zero will own approximately 12% of Lesaka’s fully diluted shares at the time of completion of the proposed transaction – and up to ZAR 91 million ($5.1 million) in cash. All amounts translated at the closing rate of $1: ZAR 17.75 as of June 25, 2025. The proposed transaction is subject to the satisfaction of customary closing conditions as...

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Roadzen Reports Full Fiscal Year 2025 Financial Results; Fiscal Q4 Delivers 13.3% Revenue Growth, 99% Net Loss Reduction, and Continued Progress Towards Breakeven

Roadzen enters Fiscal Year 2026 with Momentum and Improved Operating Leverage Driven by Strong Performance in the U.S. and India and a $300+Million Pipeline Key Highlights – Fiscal Year 20251. Revenue Growth Returns in Q4Roadzen reported full-year revenue of $44.3 million, a 5.2% decline year-over-year due to the temporary suspension of GAP insurance sales in the U.K, which impacted an estimated $27 million in annualized revenues of the Company in FY2025. In Fiscal Q4, Roadzen returned to top-line growth, delivering 13.3% year-over-year revenue growth to $11.3 million, up from $10.0 million in Q4 FY2024, led by strong performance in India and the U.S. which offset the prior-year U.K. pause.   2. Q4 99% Net Loss Reduction and Lower Adjusted EBITDA1 LossRoadzen nearly posted net income breakeven for the first time in Q4, with net...

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VivoPower Believes It Meets Nasdaq Equity Requirement Following Reg S Investment

Company believes it has regained compliance with pro forma net equity of approximately US$20 million as of May 31, 2025 US$121 million Reg S investment round led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud Including binding close of first-phase private placement totalling US$60.5 million in gross proceeds LONDON, June 26, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) is pleased to announce that, based on a binding close of the first phase of the private placement and corresponding accounting treatment, the Company believes it has regained compliance with Nasdaq Listing Rule 5550(b)(1), with a pro forma stockholders’ equity of approximately US$20.0 million as of May 31, 2025. On January 3, 2025, the Company received a notification letter from The Nasdaq Stock...

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Tribe Property Technologies Announces Best Efforts Public Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Base shelf prospectus is accessible, and prospectus supplement will be accessible within two business days, on SEDAR+ VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) — Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB US: TRPTF) (“TRBE” or the “Company”), is pleased to announce a best efforts public offering (the “Offering”) of units of the Company (the “Units”) at an issue price of $0.45 per Unit for gross proceeds of up to $5,000,000. Each Unit will be comprised of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share for a period of 36 months...

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Independent Bank Corporation Announces Date for Its Second Quarter 2025 Earnings Release

GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 second quarter results on Thursday, July 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, July 24, 2025. To participate in the live conference call, please dial 1-833-470-1428 (Access Code # 493553). Also the conference call will be accessible through an audio webcast with...

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Critical One Closes Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that, further to the press release issued on June 9, 2025, the Company has closed its non-brokered financing and issued 2,500,000 units (the “Units”) at a price of CDN$0.40 per Unit for aggregate gross proceeds of CDN$1,000,000 (the “Private Placement”). Each Unit consists of one (1) common share in the capital of the Company (a “Common Share”) and one-half (1/2) common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each full Warrant entitles the holder thereof to purchase one Common Share for a price of CDN$0.60 for a period...

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Marksmen Energy Inc. Announces Filing of its Q1 Interim Financial Statements

CALGARY, ALBERTA, June 26, 2025 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company“) is providing this announcement further to its news releases dated May 15 and 29, June 12 and 16, 2025, with respect to the Alberta Securities Commission (“ASC“) having issued a management cease trade order (“MCTO“) to Marksmen pursuant to its application under National Policy 12-203 Management Cease Trade Orders (“NP 12-203“) in respect of the default regarding the delay of the filing of its annual financial statements, accompanying management’s discussion and analysis and related chief executive officer (“CEO“) and chief financial officer (“CFO“) certifications for the financial year ended December 31, 2024 (collectively, the “Annual Filings“). As...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Lawrenceville, Georgia

Ledgestone will offer single-family homes with resort-style amenities in sought-after Lawrenceville, Georgia LAWRENCEVILLE, Ga., June 26, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the upcoming launch of Ledgestone, a new luxury home community in Lawrenceville, Georgia. This exclusive Toll Brothers neighborhood will include spacious single-family homes and an array of luxury amenities. Sales are anticipated to begin in early 2026. Ledgestone will feature elevated home designs offering up to 4,674 square feet with 5 bedrooms, 4 to 5.5 bathrooms, and 3-car garages. Customers will have the opportunity to personalize their homes with options such as flex rooms, patios, and basements and will choose their design finishes at the Toll Brothers Design Studio in...

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LightWave Acquisition Corp. Announces Closing of $215,625,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option

Dallas, TX, June 26, 2025 (GLOBE NEWSWIRE) — LightWave Acquisition Corp. (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 21,562,500 units at an offering price of $10.00 per unit. This includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 2,812,500 units. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “LWACU”. No fractional warrants will be issued upon separation of the units and only whole warrants...

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Toll Brothers Wins Multiple Awards, including Master Plan Community of the Year, at the Pacific Coast Builder Conference

Toll Brothers’ Sereno Canyon Community in Scottsdale, Arizona is Honored as the 2025 Master Plan Community of the Year SCOTTSDALE, Ariz., June 26, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the Company was honored with the notable Master Plan Community of the Year Award, six Grand Awards, and 18 Merit Awards at the annual Gold Nugget Awards, one of the home building industry’s most prestigious national competitions. The Gold Nugget Awards honor architectural design and planning excellence and draw entries from throughout the United States and abroad. The awards are presented at the Pacific Coast Builder Conference (PCBC), the official event of the Leading Builders of America and California Building Industry Association, to showcase the most exciting trends...

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