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Month: June 2025

Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2025 Results

LONGVIEW, Texas, June 12, 2025 (GLOBE NEWSWIRE) — Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2025. March 31, 2025 Quarter Highlights:Net earnings of $5.3 million Sales of $129.2 million Highest sales volume in Company history 28% increase in sales volume over the preceding third quarter 5% increase in sales volume over the prior year fourth quarterFiscal Year March 31, 2025 Highlights:Net earnings of $6.1 million Sales of $444.6 million Working capital balance at year-end of $128.1 million“We ended fiscal 2025 with improved margins and a record quarter for sales volume as we continue to execute on our growth strategy,” said Michael J. Taylor, President and Chief Executive Officer. “Our fourth quarter sales volume increased...

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FOBI AI Inc. Announces Closing of the Sale of German Subsidiary

Vancouver, BC, June 12, 2025 (GLOBE NEWSWIRE) — FOBI AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (“Fobi” or the “Company”) announces that further to its news release dated May 28, 2025, it has closed the sale (the “Transaction”) of all of its shares in Fobi AI Germany GmbH (the “Acquired Company”), its wholly owned German subsidiary, to an arm’s length third party purchaser (the “Purchaser”) pursuant to the terms of share purchase agreement dated May 28, 2025 (the “Agreement”). Pursuant to the Agreement, the Purchaser paid to FOBI an aggregate of EUR 1,540,000.00 consisting of a cash purchase price in the amount of EUR 1,400,000.00 (the “Purchase Price”) and an additional purchase price in the amount of EUR 140,000.00, which was paid by the Purchaser to the Acquired Company on behalf of FOBI after assumption by the Purchaser of FOBI’s obligations...

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LGI Homes Launches New Premier Master Planned Community at Magnolia Woods

The Ranch Plan by LGI Homes at Magnolia WoodsThe Ranch Plan by LGI Homes at Magnolia Woods features three bedrooms, two bathrooms, and an additional flex room.The Maxwell Plan by Terrata Homes at Magnolia WoodsThe Maxwell Plan by Terrata Homes at Magnolia Woods features four bedrooms, three bathrooms, a spacious flex room, a separate game room space, and a covered rear patio. THE WOODLANDS, Texas, June 12, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its brand-new, master planned community coming to the fast-growing Houston suburb of Magnolia, Texas. With a projected total of more than 1,300 single family homesites at full build out, Magnolia Woods will feature homes sold under both the LGI Homes and Terrata Homes brands. Homeowners at Magnolia Woods will enjoy a host of onsite...

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Daré Bioscience Announces Adjournment of Annual Meeting of Stockholders

Meeting to Reconvene on Wednesday, July 9, 2025 SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) — Daré Bioscience, Inc. (NASDAQ: DARE), a biopharmaceutical company driven by a mission to challenge the status quo, making women’s health a priority, today announced that the company’s 2025 annual meeting of stockholders (the “Annual Meeting”) was convened and adjourned without any business conducted due to lack of the required quorum. A quorum is necessary to hold the Annual Meeting. There were fewer than a majority of shares entitled to vote present, either in person or by proxy, at the Annual Meeting. The Annual Meeting therefore had no quorum and was adjourned to allow time to solicit additional proxies on behalf of the company’s board of directors. The Annual Meeting will reconvene at 9:00 a.m. Pacific Time on Wednesday, July 9,...

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Hapbee Is Upgrading U.S. Listing to OTCID to Expand Investor Access and Increase Market Visibility

Hapbee Also Updates Status of Audited Financial Statements VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) — Hapbee Technologies Inc. (TSXV: HAPB | OTC: HAPBF) (“Hapbee” or the “Company”), a leading wearable wellness technology company, is pleased to announce that its U.S. listing has been upgraded from the OTC Pink Sheets to the newly established OTCID (OTC International Designated) tier on the OTC Markets Group platform. The Company will continue to trade under the symbol HAPBF once the upgrade is complete – effective July 1, 2025. This uplisting reflects Hapbee’s ongoing commitment to enhancing transparency, accessibility, and engagement with a broader and diversified group of U.S.-based retail and institutional investors aligned with Hapbee’s market rollout plans and broader growth strategy. “We are excited...

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DraftKings to Introduce Transaction Fee in Illinois

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) — In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (Nasdaq: DKNG) today announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025. “Illinois has been an important part of our growth, and we’re proud to have contributed meaningfully to the state through tax revenue, job creation, and a sustained investment in responsible gaming tools and resources,” said Jason Robins, Chief Executive Officer and Co-Founder of DraftKings. “We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past two years, and...

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Xometry Announces Convertible Debt Refinancing and Closing of $250 Million of 0.75% Convertible Senior Notes Offering

Issued $250 million principal amount of convertible notes due in 2030, with the proceeds used in part to retire approximately $202 million principal amount of existing convertible notes due in 2027 Opportunistic refinancing extends the maturity of most of Xometry’s existing debt with improved terms, a lower coupon and reduced potential dilution to the existing capital structure Xometry purchased a capped call hedge with a cap price initially at $63.35, which represents a 75% premium over the market price on the transaction date Xometry repurchased approximately $8 million of the Company’s common stock in connection with this transactionNORTH BETHESDA, Md., June 12, 2025 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace digitizing manufacturing and driving greater supply chain resiliency,...

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Draganfly Announces Closing of US$13.75 Million Public Offering

Saskatoon, SK., June 12, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit was sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance. Maxim Group LLC acted as sole placement agent for the Offering. Draganfly currently intends to use the net proceeds from the...

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Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2025

FAIRPORT, N.Y., June 12, 2025 (GLOBE NEWSWIRE) — Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2025. Executive Summary (vs. year-ago, year-to-date results):Net sales for the twelve months ended March 31, 2025 totaled $1,578.9 million compared to $1,458.6 million for the twelve months ended March 31, 2024. The year-over-year increase of $120.3 million was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Gross margin as a percentage of net sales is 9.5% for the twelve months ended March 31, 2025, as compared to 12.9% for the twelve months ended March 31, 2024.“We completed a strong fiscal 2025 despite various challenges posed by a rainy growing season, increasing costs, and fluctuating tariffs,”...

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Ryman Hospitality Properties, Inc. Announces Second Quarter 2025 Earnings Conference Call – Tuesday, August 5, 2025, 10 a.m. ET

NASHVILLE, Tenn., June 12, 2025 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences, announced today that it will release its second quarter 2025 earnings results after the market closes on Monday, August 4, 2025. Management will hold a conference call to discuss the quarter’s results at 10 a.m. ET on Tuesday, August 5, 2025. To participate in the conference call, please dial 800-274-8461 and use conference ID: RHPQ225. The call will be available for replay through August 12, 2025, by dialing 800-727-5306; a conference ID is not required. This call is also being webcast and can be accessed at Ryman Hospitality Properties’ Investor Relations...

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