Month: June 2025
What you need to know:Verizon Business, in collaboration with Nokia, will deliver multiple Verizon Private 5G Networks to industrial campuses across the Thames Freeport, one of the UK’s busiest maritime logistics and manufacturing regions.
The Thames Freeport is a designated UK “Free Trade Zone,” established to boost economic growth, create high-value jobs and attract global investment as part of a long-term effort to revive the UK’s River Thames Estuary region.
Thames Freeport will use Verizon Private 5G to enhance port operations with AI-driven data analytics, autonomous vehicle control, real-time logistics orchestration, innovation research & development, and more.LONDON, June 25, 2025 (GLOBE NEWSWIRE) — Verizon Business, Thames Freeport and Nokia today announced a strategic partnership to deploy Verizon Private 5G...
Array Technologies Announces Pricing of Upsized Offering of Convertible Senior Notes
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ALBUQUERQUE, N.M., June 24, 2025 (GLOBE NEWSWIRE) — Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced that it has priced an upsized offering of $300 million in aggregate principal amount of 2.875% convertible senior notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). ARRAY has also granted the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period from, and including the date on which the Notes are first issued, up to an additional $45 million in aggregate principal amount of Notes. The Offering is expected to close on June 27, 2025, subject to the satisfaction of customary closing conditions.
The...
Beneficient Enters into $1.91 Million GP Primary Capital Transaction
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DALLAS, June 24, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced it has closed on the financing of a $1.91 million primary capital commitment for Mendoza Ventures Growth Fund III, LP (“Fund”), a fund managed by Mendoza Ventures Growth GP III, L.L.C., LP (“Fund Manager”), an asset manager focused on investing in technology companies where there is an opportunity for innovation, modernization, and disruption.
The transaction represents Ben’s third GP Primary transaction of the fiscal year and fourth since formally launching the program in late 2024. In exchange for an interest...
Western Star Resources Inc. Closes Final Tranche of Private Placement
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VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) — Western Star Resources Inc. (CSE: WSR) (“Western Star” or the “Company”) is pleased to announce the closing of the final tranche of its previously announced non-brokered private placement. In the final tranche 1,070,667 units of the Company were issued at a purchase price of $0.15 per unit. Together with the first tranche the company raised a total of $555,000 and issued 3,700,000 units.
Each unit is comprised of one common share in the capital of Western Star and one share purchase warrant, which is exercisable into one common share at an exercise price of $0.30 per share expiring June 24, 2027. The warrants will be subject to an acceleration clause which states: Pursuant to the financing, in the event the Company’s share price closed at a price of CAD$0.40 per...
Allot Announces Pricing of Underwritten Public Offering of Ordinary Shares
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Hod Hasharon, Israel, June 24, 2025 (GLOBE NEWSWIRE) — Allot Ltd. (Nasdaq: ALLT; TASE: ALLT) (“Allot” or the “Company”), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced today the pricing of a public offering of 5,000,000 ordinary shares at a price to the public of $8.00 per share. In addition, the Company granted the underwriters of the public offering a 30-day option to purchase from the Company up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts and commissions. All of the ordinary shares in the public offering will be sold by the Company. The offering is expected to close on June 26, 2025, subject to customary closing conditions.
The gross proceeds from the offering, before deducting...
JOYY Achieves Top Rankings in Extel’s 2025 Asia Executive Team Survey
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SINGAPORE, June 25, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, has been acknowledged as a “Most Honored Company” by Extel, formerly known as Institutional Investor Research, in its 2025 Asia Companies’ Executive Team Survey.
JOYY earned top positions in the Overall Asia (ex-Japan/ANZ) Executive Team Small & Mid-Cap category in the internet sector across all seven evaluated areas: Best CEO, Best CFO, Best ESG, Best Board of Directors, Best IR Team, Best IR Professional, and Best IR Program. This is the seventh consecutive year that JOYY has been featured in the rankings, demonstrating excellence in the Company’s executive leadership, corporate governance and investor relations.
Ms. Li Ting, Chairperson and CEO of JOYY, was ranked...
Integral Metals Announces Secured Convertible Debt Financing
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CALGARY, Alberta, June 24, 2025 (GLOBE NEWSWIRE) — Integral Metals Corp. (CSE: INTG | FSE: ZK9) (the “Company” or “Integral”) announces that it has entered into a secured convertible debt financing transaction (the “Transaction”) with a strategic investor (“Lender”) pursuant to which it has received loan proceeds of US$1,000,000 (the “Loan”) on the terms and conditions set forth in a Loan and Security Agreement (the “Agreement”).
Pursuant to the Agreement, the Lender shall have the right, in its discretion, to, at any time, in lieu of repayment in cash, convert all or a portion of the principal amount of the outstanding Loan into the Company’s common shares (the “Common Shares”) at a price per share equal to $0.94, subject to the...
K92 Mining Announces 2025 Second Quarter Financial Results Conference Call Details
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VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that it will release its 2025 second quarter financial results before the North American trading markets open on Monday, August 11, 2025.
Conference Call and Webcast to Present Results
K92 will host a conference call and webcast to present the 2025 second quarter financial results at 8:30 am (EDT) on Monday, August 11, 2025.Listeners may access the conference call by dialing toll-free to 1-833-752-3535 within North America or +1-647-846-8278 from international locations.The conference call will also be broadcast live (webcast) and may be accessed via the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=axF1FpUw
About K92
K92 Mining Inc. is engaged in the production...
Enlightify Inc. Provides Update Regarding 2025 Annual Meeting of Stockholders
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XI’AN, CHINA, June 24, 2025 (GLOBE NEWSWIRE) — Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”), is providing an update regarding its 2025 Annual Meeting of Stockholders (the “Annual Meeting”).
In the preliminary proxy statement (DEF 14A) filed with the SEC on May 5, 2025, the Company had indicated that the Annual Meeting would be held on June 24, 2025. However, the Annual Meeting has not been formally scheduled, and no definitive meeting materials have been filed with the SEC or distributed to stockholders. The Company is currently working to finalize the necessary documentation and will announce a new date for the 2025 Annual Meeting of Stockholders as soon as it is determined.
About Enlightify Inc.
The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of May 2025
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DENVER, June 24, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of May 31, 2025, was $22.16.
This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 31, 2025.
About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra at...
