Month: June 2025
ARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at March 31, 2025, today announced that it has approved the Company’s quarterly cash dividend of $0.22125 per share. The second-quarter dividend is payable on July 20, 2025, to shareholders of record as of July 7, 2025.
For over 50 years, F&M has paid a quarterly dividend and has increased its annual dividend for 30 consecutive years reflecting the Company’s long-standing commitment to return capital to shareholders.
About Farmers & Merchants State Bank:F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other...
Cue Biopharma Receives FDA Feedback on Pre-IND Briefing Document Reinforcing Company’s Intention to Advance IND Submission for CUE-401 to Address Unmet Need in the Treatment of Autoimmune Disease
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CUE-401, a first-in-class bispecific molecule designed to induce and expand Tregs in vivo through the co-activity of transforming TGF-β and a modified variant of IL-2
BOSTON, June 24, 2025 (GLOBE NEWSWIRE) — Cue Biopharma, Inc. (Nasdaq: CUE), a clinical-stage biopharmaceutical company developing a novel class of therapeutic biologics to selectively engage and modulate disease-specific T cells for the treatment of autoimmune disease, today announced it has received Pre-Investigational New Drug (Pre-IND) feedback from the U.S. Food and Drug Administration (FDA). The FDA reviewed the first-in-human trial design, including the Company’s plan for dose escalation, proposed populations and safety monitoring plan. On the basis of the FDA feedback, the Company, intends to file an IND pending completion of final IND enabling studies. CUE-401...
Coherent to Showcase Innovative Products, Technologies, and Thought Leadership at Laser World of Photonics 2025
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SAXONBURG, Pa., June 24, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, announced today that it will showcase its new products and technologies across its photonics portfolio at Laser World of Photonics 2025, in Munich, Germany, June 24-27, Booth #3.317. Coherent will also bring expert insights thanks to its thought leaders that will present at panels and technical sessions, and other events.
“Laser World of Photonics is the premier global stage for showcasing innovation in photonics, and we’re excited to demonstrate how Coherent is shaping the future of the industry—through our transformative technologies, collaborative partnerships, and thought leadership that spans our entire portfolio,” said Dr. Sanjai Parthasarathi, Chief Marketing Officer at Coherent.
RECENT PRODUCT ANNOUNCEMENTSIndustry-First...
Coherent Launches ACE FL, an All-New, Two-Micron Fiber Laser to Address the Expanding Opportunities in Urology and Other Medical Markets
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SAXONBURG, Pa., June 24, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of its ACE FL series, thulium fiber laser (TFL), engineered specifically for therapeutic medical applications – most notably for lithotripsy and benign prostatic hyperplasia (BPH) treatment.
The new two-micron ACE FL system delivers superior precision, improved patient outcomes, and enhanced procedural efficiency compared to legacy laser technologies such as holmium:YAG systems. It is optimized for integration into surgical devices and laser systems used in minimally invasive procedures.
“Our new thulium fiber laser is a breakthrough platform that enables medical OEMs to deliver safer, faster, and more effective treatments for kidney stones and BPH,” said Martin Seifert, Vice President, High-Power...
Scott Lendrum appointed Chief Executive Officer of Giga Metals Corporation
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VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) — Giga Metals Corporation (TSX.V: GIGA, OTCQB: GIGGF, FSE: BRR2) (the “Company“) is pleased to announce that Scott Lendrum has been appointed Chief Executive Officer of the Company, effective July 2, and will also join the board of directors of the Company (the “Board“).
Mr. Lendrum has extensive experience as an investment banker specializing in the mining sector. He has a strong track record in executing cross-border mergers and acquisitions, equity financing, and capital market transactions, and has held leadership positions at several prominent financial institutions, most recently at Paradigm Capital from 2021 – 2024, where he was Director of Investment Banking (Mining).
“The appointment of Mr. Lendrum reflects our Company’s commitment...
3D Systems Announces Significant Strengthening of Balance Sheet
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Transactions permanently retire approximately $88 million of debt, 41% of prior balance, at a meaningful discount to par
Refinancing extends maturity with issuance of $92 million Convertible Senior Secured Notes due 2030
Repurchase of 8 million shares, representing approximately 6% of the Company’s outstanding common stock, in connection with the transaction reduces dilution for equity holders
Strong remaining cash reserves support completion of restructuring efforts while maintaining continuity in key growth initiativesROCK HILL, S.C., June 24, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced the closing of a series of strategic transactions to retire/refinance its outstanding 2026 convertible notes and repurchase shares of its common stock. The Company completed separate, privately negotiated agreements with...
Worthington Enterprises Reports Fourth Quarter Fiscal 2025 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
COLUMBUS, Ohio, June 24, 2025 (GLOBE NEWSWIRE) — Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, today reported results for its fiscal 2025 fourth quarter ended May 31, 2025.
Recent Developments and Fourth Quarter Highlights (all comparisons to the fourth quarter of fiscal 2024):Net sales were $317.9 million, a decrease of 0.3%, reflecting the deconsolidation of the former Sustainable Energy Solutions segment (“SES”), nearly offset by volume growth and contributions from the Ragasco business acquired in the first quarter of fiscal 2025.Net earnings from continuing operations increased 111% to $3.6 million, while adjusted EBITDA from continuing operations grew 35% to $85.1 million.
Earnings per share (“EPS”) from continuing...
VivoPower Confirms Record Date for Special Dividend Eligibility for Caret Digital Spin Off
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Shareholders on record as of July 9, 2025, to receive five Caret Digital shares per VVPR share held
Caret Digital subsidiary is to be spun off via a direct NASDAQ IPO at a target market capitalisation of US$308 million
Negotiations are progressing with strategic pre-IPO investors in the Middle East and Asia for investment of up to US$50 million
LONDON, June 24, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR, “VivoPower” or the “Company”) today announced that it has set the record date as July 9, 2025, for the purpose of determining eligibility to receive a special dividend relating to the spin-off of Caret Digital Limited (“Caret”).
The implied market capitalisation for the spin-off is US$308 million (subject to change based on market conditions and other factors). Additionally, Caret Digital intends to raise...
AGS Named One of U.S. News & World Report’s 2025–2026 Best Companies to Work For
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LAS VEGAS, June 24, 2025 (GLOBE NEWSWIRE) — AGS (NYSE: AGS), a global gaming supplier known for its high-performing slot, table, and interactive products, has been named one of U.S. News & World Report’s 2025–2026 Best Companies to Work For.
AGS was selected as one of U.S. News & World Report’s Best Companies to Work For, placing in the top 30 percent of 2,119 publicly traded companies evaluated. To be eligible, companies were required to have more than 75 employee reviews on Glassdoor submitted between 2021 and early 2025, alongside strong workplace data across key metrics.
The U.S. News evaluation assessed companies based on employee sentiment and six key workplace factors: quality of pay and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, belonging and esteem,...
Creatd, Inc. Completes 2024 PCAOB Audit, Achieving Two Years of Audited Financials and Clearing Path Toward SEC Re-Registration and National Exchange Uplisting
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NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — Creatd, Inc. (OTC: CRTD), a company focused on acquiring synergistic technology businesses, today announced the completion of its 2024 PCAOB audit and submission of audited financials to the OTC Markets. With two consecutive years of audited financial statements now finalized, along with the Company’s Q1 2025 financials published on the OTC, the Company is fully current with its reporting. This positions Creatd to re-register its securities with the SEC, reapply for listing on the OTCQB, and continue progressing toward an uplisting to a national securities exchange.
Key Financial Highlights:As of today, net equity stands at over $2.9 million, reflecting an $18 million improvement since 2023, with $15 million of that gained during the 2024 fiscal year.
Revenues for fiscal year 2024 totaled...
