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Day: June 27, 2025

Turnstone Biologics Corp. Enters into Agreement to be Acquired by XOMA Royalty Corporation for $0.34 in Cash Per Share Plus a Contingent Value Right

EMERYVILLE, Calif. and SAN DIEGO, June 27, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (“XOMA Royalty”) (Nasdaq: XOMA) and Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq-CM: TSBX) today announced that they have entered into a definitive merger agreement (“the Merger Agreement”), whereby XOMA Royalty will acquire Turnstone for $0.34 in cash per share of Turnstone common stock (“Turnstone common stock”) plus one non-transferable contingent value right (“CVR”). Following a thorough review process conducted with the assistance of its legal and financial advisors, the Turnstone Board of Directors has unanimously determined that the acquisition by XOMA Royalty is in the best interests of all Turnstone stockholders and has approved the Merger Agreement and related transactions.   TermsPursuant and subject to the...

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Bunker Hill Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations

KELLOGG, Idaho and VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSXV:BNKR | OTCQB:BHLL) announces that it has elected to issue an aggregate of 15,378,473 shares of common stock of the Company (the “Interest Shares”) in full satisfaction of the interest payable as of June 30, 2025 under certain debt instruments (collectively, the “Interest Payments”), including (i) an aggregate of 1,291,667 Interest Shares to certain holders of 5.0% Series 1 secured convertible debentures (the “Series 1 Debentures”) for the aggregate interest of US$103,333.33 owing thereunder, (ii) an aggregate of 4,260,417 Interest Shares to certain holders of 5.0% Series 2 secured convertible debentures (the “Series 2 Debentures”) for the aggregate interest of US$340,833.33 owing thereunder,...

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FOXO TECHNOLOGIES INC. DESIGNATES NEW SERIES OF PREFERRED STOCK TO BE USED FOR ACQUISITIONS 

WEST PALM BEACH, FLORIDA, June 27, 2025 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (NYSE American: FOXO) (“FOXO” or the “Company”) today announced that it has designated a new series of its preferred stock (Series E Cumulative Redeemable Secured Preferred Stock e (the “Series E Preferred Stock”)) and filed the series’ certificate of designation with the Secretary of State of Delaware. The newly designated series of preferred stock includes: (i) a stated value of $25.00 per share, (ii) a 2.5% per annum cash dividend paid semi-annually, (iii) a 5.0% per annum common stock dividend paid semi-annually, and (iv) a security interest in the stock of the Company’s recently formed acquisition vehicle, FOXO Acquisition Corporation. Seamus Lagan, CEO of FOXO stated, “We are excited about taking a critical step as FOXO continues to pursue its...

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BioCryst Announces Sale of European ORLADEYO® (berotralstat) Business to Neopharmed Gentili for up to $264 Million

—Neopharmed Gentili will pay BioCryst $250 million upfront for the European assets and rights related to ORLADEYO, and up to $14 million in future milestones— —BioCryst plans to use proceeds to retire all remaining term debt, which will eliminate approximately $70 million of future interest payments over remaining life of the loan— —With this transaction, BioCryst expects to end 2027 with approximately $700 million in cash and no term debt (an increase of $400 million from prior 2027 net cash guidance)— RESEARCH TRIANGLE PARK, N.C., June 27, 2025 (GLOBE NEWSWIRE) — BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) today announced that it has entered into a definitive agreement to sell its European ORLADEYO® (berotralstat) business to Neopharmed Gentili for up to $264 million. BioCryst plans to use the proceeds from the transaction...

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Sale of Custody Business in Hsbc Germany

Press Release 27 June 2025 SALE OF CUSTODY BUSINESS IN HSBC GERMANY HSBC Continental Europe has reached an agreement to sell its custody business in Germany to BNP Paribas S.A, Niederlassung Deutschland (‘BNP Paribas’) (the ‘Potential Transaction’), reinforcing its focus on being the leading corporate and institutional bank in Germany and Europe for international clients. This decision forms part of the simplification strategy of HSBC announced in October 2024. HSBC is focused on increasing its leadership and market share in the areas where it has a clear competitive advantage, and where it has the greatest opportunity to grow and support its clients. This includes connecting European clients to opportunities across HSBC’s international network. For Securities Services, this means focusing on HSBC’s market-leading franchise in Asia and...

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Form 8.3 – [MARLOWE PLC – 26 06 2025] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree MARLOWE PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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Gencor Releases Fourth Quarter and Fiscal Year 2024 Results

ORLANDO, Fla., June 27, 2025 (GLOBE NEWSWIRE) — Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the fourth quarter ended September 30, 2024 of $20.9 was relatively unchanged from the quarter ended September 30, 2023. Gross profit as a percentage of net revenue was 25.6% for the quarter ended September 30, 2024, compared to 31.7% for the quarter ended September 30, 2023. The higher gross profit margin in fiscal 2023 was due to increased parts sales at higher margins, absorption, and closing out of certain equipment sales recognized over time. Operating income for the quarter ended September 30, 2024 decreased to $1.2 million compared to $2.7 million for the quarter ended September 30, 2023 due primarily to the reduced gross profit margin. The Company had net non-operating...

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AIP Realty Trust Announces Voting Results of Annual General and Special Meeting of Unitholders

VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV:AIP.U) announced the results of voting at its annual general and special meeting of unitholders held Thursday, June 26, 2025 (the “Meeting”). A total of 42.45% of the issued and outstanding class A trust units of the Trust (the “Class A Units”) and 39.37% of the issued and outstanding preferred units – series B convertible of the Trust (the “Preferred Units” and, together with the Class A Units, the “Units”) were represented at the Meeting, and each of the resolutions put forward by the trustees of the Trust (the “Trustees”) were approved. Each of Greg Vorwaller, Leslie Wulf, Bruce Hall, Nathan Smith, Kobi Dorenbush and Samantha Adams were elected as Trustees of the Trust to hold office until the next annual meeting...

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Gencor Announces NYSE American Acceptance of Compliance Plan

ORLANDO, Fla., June 27, 2025 (GLOBE NEWSWIRE) — Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today that NYSE American LLC (“NYSE American”) notified the Company that NYSE Regulation (“NYSE”) accepted the Company’s request for an extension to regain compliance with Sections 134 and 1101 of the NYSE American’s continued listing standards, granting the Company a plan period through August 19, 2025 (the “New Cure Deadline”) to submit its delinquent reports. The Company requested the extension to allow it additional time to coordinate the completion of its Quarterly Reports on Form 10-Q for the quarterly periods ended December 31, 2024 and March 31, 2025. While the Company is currently not in compliance with the NYSE American continued listing standards as a result of its failure to timely file...

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Climb Channel Solutions Announces Distribution Partnership with Egnyte

EATONTOWN, N.J., June 27, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is proud to announce a distribution agreement with Egnyte, a leader in secure content collaboration, intelligence, and governance. This partnership enables Climb to deliver Egnyte’s cloud-native platform to partners and their customers across the United States, reinforcing Climb’s commitment to expanding access to transformative technologies worldwide. By adding Egnyte to its portfolio, Climb is equipping resellers with a trusted, scalable platform that fits seamlessly into both SMB and enterprise environments. This partnership underscores Climb’s mission to deliver partner-first technologies that move with the speed of modern business. “We...

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