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Month: June 2025

Ostin Technology Group Co., Ltd. Announces $5 Million Registered Direct Offering

Nanjing, China, June 30, 2025 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of an aggregate of 41,666,667 of the Company’s Class A ordinary share, par value $0.001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.12 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share. The aggregate gross proceeds to the Company of this offering are expected to be approximately $5 million. The transaction is expected to close on or about July 1, 2025,...

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KANZHUN LIMITED Announces Pricing of Share Offer

BEIJING, June 30, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the pricing of its share offer (the “Share Offer”) of an aggregate of 34,500,000 Class A ordinary shares of the Company, including 4,500,000 Class A ordinary shares offered pursuant to the Company’s full exercise of the offer size adjustment option. The Share Offer is comprised of a Hong Kong public offering (the “Hong Kong Public Offering”), and an international offering (the “International Offering”). The final offer price for both the Hong Kong Public Offering and the International Offering (the “Offer Price”) has been set as HK$66.00 per share. Based on the ratio of two Class A ordinary shares per Nasdaq-listed American depositary share (“ADS”) and...

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HyOrc, Acetech Ink UK Green Methanol Deal, Projected to Generate $200 Million in Revenues

HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) — HyOrc Corporation (OTC: ASPZ), a leading developer of hydrogen combustion and waste-to-fuel technologies, today announced it has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste to green methanol production facility in Scunthorpe, United Kingdom. Under the MOU, the parties have committed to deploy a 35 TPD (tons per day) Municipal Waste: Refuse-Derived Fuel (RDF) gasification plant combined with a methanol synthesis unit, with plans to scale up to a 150 TPD integrated facility converting RDF into syngas and subsequently into green methanol and clean electricity. Once fully operational, the project is expected to produce approximately 12,000 metric tons of methanol annually over a projected 25-year plant life. Project Highlights: –...

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The Marketing Alliance Announces Financial Results for Fiscal Year Ended March 31, 2025

ST. LOUIS, June 30, 2025 (GLOBE NEWSWIRE) — The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), announced its financial results today for its fiscal 2025 year ended March 31, 2025. FY 2025 Financial Key Items (all comparisons to the prior year period)Revenues from operations were $21,373,673 compared to $19,585,772. The 9% increase was primarily due to 12% revenue growth in the insurance distribution business that was offset by a decline in construction revenue Operating income from continuing operations of $730,005 compared to $1,099,267 in the prior year   Net income was $465,599 or $0.06 per share compared to $1,043,214 or $0.13 per share in the prior year The Company completed its share repurchase program announced October 2024, to repurchase up to 800,000 shares of issued and outstanding common stockManagement...

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NextNRG Signs LOI to Acquire ReFuel Mobile, Preparing for International Expansion with Canadian Mobile Fueling Leader

Acquisition adds profitable, high-growth platform serving Ontario’s commercial and industrial sectors while expanding NextNRG’s mobile fueling operations into Canada ReFuel Mobile ranked #36 on Globe and Mail’s fastest-growing companies with 1,166% three-year revenue growth MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced it has signed a letter of intent to acquire ReFuel Mobile (“ReFuel”) (2583231 Ontario Inc.), a leading Canadian mobile fueling company. This acquisition marks NextNRG’s entry into international markets through the addition of an established, profitable...

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Duke Robotics Finalizes Selection of Drone Pilots for Greek Operations, Expecting Launch of IC Drone Services in Greece already this Summer

The Company is Now Well Prepaired to Begin Tackling Greece’s Multi-Billion Energy Infrastructure Modernization Market FT. LAUDERDALE, FL, June 30, 2025 (GLOBE NEWSWIRE) — Duke Robotics Corp. (OTCQB: DUKR) (“Duke Robotics” or the “Company”), a leader in advanced robotics technology and autonomous drone solutions, today announced it has selected drone pilots  to support the deployment and operation of Duke Robotics’ activities in Greece, including the innovative Insulator Cleaning Drone (“IC Drone”) technology. Finalizing the selection process is an important milestone in Duke Robotics’ European expansion strategy following the establishment of Duke Robotics Hellas I.K.E. earlier this year and the Company’s previously announced evaluation process for drone operators in Greece. This...

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Abacus Global Management Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

ORLANDO, Fla., June 30, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its (i) outstanding public warrants (the “public warrants”) and (ii) outstanding private placement warrants (the “private placement warrants” and, together with the public warrants, the “warrants”) to purchase shares of common stock, par value $0.0001 per share, of the Company (“common stock”). The Company’s common stock and public warrants are listed on the Nasdaq Capital Market under the symbols “ABL” and “ABLLW,” respectively. The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure...

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23andMe Receives Court Approval for Sale to TTAM Research Institute, a Nonprofit Public Benefit Corporation

SAN FRANCISCO, June 30, 2025 (GLOBE NEWSWIRE) — 23andMe Holding Co. (“23andMe” or the “Company”) (OTC: MEHCQ), a genetics-led consumer healthcare company, today announced that it has received approval from the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) for the sale of substantially all of the Company’s assets and ongoing business operations to TTAM Research Institute (“TTAM”), a nonprofit public benefit corporation based in California and led by 23andMe Co-Founder and former CEO Anne Wojcicki. The transaction is expected to close in the coming weeks, subject to customary closing conditions. “This approval marks a significant milestone in our Court proceedings and solidifies the path forward to ensure that 23andMe’s founding mission of helping people access, understand and gain health...

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Nukkleus Added to Russell Microcap Index

NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Nukkleus Inc. (NASDAQ: NUKK), a company pursuing a highly disciplined global M&A strategy in the Aerospace & Defense (A&D) industry, today announced that it was added to the Russell Microcap Index, effective after the US market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. In December 2024, the Company announced its plan to acquire a 51% controlling interest in Star 26 Capital Inc., which holds 100% of B. Rimon Agencies Ltd., an Israeli corporation that supplies defense related products including energy generators for Israeli’s “Iron Dome” launchers. Closing is subject to the satisfaction of closing conditions, including shareholder vote. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April...

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Navigator Gas (NVGS) Joins the Russell 3000 and Russell 2000 Indexes

LONDON, June 30, 2025 (GLOBE NEWSWIRE) — Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces today that that the Company has been added to the broad-market Russell 3000 Index (the “Russell 3000”) and the small-cap Russell 2000 Index (the “Russell 2000”), effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The Russell 3000 is an equity index that includes the largest 3,000 U.S. public companies by market capitalization. The Russell 2000 is a subset of the broader Russell 3000 that is limited to small-cap companies. The indexes are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date,...

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