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Month: July 2025

CVRx to Report Second Quarter 2025 Financial and Operating Results and Host Conference Call on August 4, 2025

MINNEAPOLIS, July 21, 2025 (GLOBE NEWSWIRE) — CVRx, Inc. (NASDAQ: CVRX) (“CVRx”), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced that it plans to release second quarter 2025 financial and operating results after market close on Monday, August 4, 2025. The Company will host a conference call to review its results at 4:30pm Eastern Time the same day. A live webcast of the investor conference call will be available online at the investor relations page of the Company’s website at ir.cvrx.com. To listen to the conference call on your telephone, please dial 1-800-445-7795 for U.S. callers, or 1-785-424-1699 for international callers, approximately ten minutes prior to the start...

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Fortinet Honors the Life and Contributions of Valued Board Member William H. Neukom

SUNNYVALE, Calif., July 21, 2025 (GLOBE NEWSWIRE) — Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the passing of William H. “Bill” Neukom, a distinguished member of Fortinet’s Board of Directors since 2013. During his tenure, Bill provided unwavering leadership, thoughtful guidance, and mentorship that anchored the company through years of significant growth. The Fortinet Board of Directors issues the following statement: “We are profoundly saddened by the passing of Bill Neukom. His contributions to Fortinet and to the technology industry are immeasurable, and he will be deeply missed as a friend and colleague across our entire organization. Bill embodied a combination of vision, intellect, and warmth. He brought extraordinary insight and dedication...

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reAlpha Tech Corp. Announces $5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

DUBLIN, Ohio, July 21, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced that it has entered into definitive agreements for the purchase and sale of 14,285,718 shares of its common stock at a purchase price of $0.35 per share in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 14,285,718 shares of common stock at an exercise price of $0.35 per share that will be exercisable upon issuance and will expire five years from the effective date of the registration statement covering the resale of the shares of common stock issuable upon exercise of the unregistered warrants. The closing of the offering is expected to occur...

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Skillful Application of Fundamental Principles Yields Standout Results: TrustCo Announces Net Income Up 19.8%; Net Interest Income up 10.5%

Executive Snapshot:Bank-wide financial results:Key metrics for the second quarter 2025:Net income of $15.0 million, or $0.79 diluted earnings per share, increased 19.8% compared to $12.6 million, or $0.66 diluted earnings per share for the second quarter 2024 Net interest income of $41.7 million, up 10.5% from $37.8 million for the second quarter 2024 Net interest margin of 2.71%, up 18 basis points from 2.53% in second quarter of 2024 Average loans were up $115.6 million for the second quarter 2025 compared to the second quarter 2024 Average deposits were up $173.4 million for the second quarter 2025 compared to the second quarter 2024Capital position and key ratios:Consolidated equity to assets increased to 10.91% as of June 30, 2025 from 10.73% as of June 30, 2024 Book value per share as of June 30, 2025 was $36.75, up...

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Draganfly Announces Closing of US$25.0 Million Registered Direct Offering

Saskatoon, SK., July 21, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning developer of drone solutions, software, and robotics, today announced the closing of its previously announced registered direct offering of 4,672,895 units of the Company (the “Units”), at a price of US$5.35 per Unit, for gross proceeds of approximately US$25.0 million, before deducting placement agent discounts and offering expenses (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). The Warrants entitle the holder thereof to purchase one Common Share at an exercise price of CA$7.3579 (the Canadian dollar equivalent of US$5.35) per Common Share, are exercisable...

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Par Pacific, Mitsubishi, and ENEOS to Establish Joint Venture for Renewable Fuels in Hawaii

HOUSTON and TOKYO, July 21, 2025 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (including its subsidiaries and affiliates, “Par Pacific”), Mitsubishi Corporation (“Mitsubishi”), and ENEOS Corporation (“ENEOS”) today announced the signing of definitive agreements to establish Hawaii Renewables, LLC (“Hawaii Renewables”), a joint venture to produce renewable fuels at Par Pacific’s refinery in Kapolei Hawaii. Mitsubishi and ENEOS will form Alohi Renewable Energy, LLC, which will acquire a 36.5% equity stake in Hawaii Renewables in exchange for cash consideration of $100 million. Par Pacific will retain the remaining interest and lead the project’s execution and operations through its affiliate, Par Hawaii Refining, LLC. The project’s attractive capital cost, along with its operating and distribution cost advantages, are key...

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Genco Shipping & Trading Limited Announces Second Quarter 2025 Conference Call and Webcast

NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the second quarter of 2025 on Thursday, August 7, 2025 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2025 on Wednesday, August 6, 2025 after the close of market trading.What: Second Quarter 2025 Conference CallWhen: Thursday, August 7, 2025 at 8:30 a.m. Eastern TimeLink: https://registrations.events/direct/Q4I91061357   To access the call by phone, please register via the live call registration link above and you will be provided with dial-in instructions and details. Please dial...

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BRT Apartments Corp. Announces the Acquisition of Apartment Complex in Auburn, Alabama

GREAT NECK, N.Y., July 21, 2025 (GLOBE NEWSWIRE) — BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust, today announced the acquisition of 1322 North, a 214-unit Class A apartment complex in Auburn, Alabama. The acquisition of 1322 North complements BRT’s ownership of The Village at Lakeside, an Auburn, Alabama property it has owned since 2019. The properties are located one mile from each other and near the region’s two largest employers, Auburn University and East Alabama Medical Center. 1322 North was constructed in 2002 and consists of 214 apartment units contained in 14 two- and three-story residential buildings. BRT acquired the property for $36.5 million (including a $24.4 million mortgage) through a joint venture in which it has an 80% equity interest. The mortgage matures in 2032, bears a 5.38% fixed interest...

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FreightCar America, Inc. To Release Second Quarter 2025 Results On August 4, 2025

CHICAGO, July 21, 2025 (GLOBE NEWSWIRE) — FreightCar America, Inc. (NASDAQ: RAIL), a diversified manufacturer of railroad freight cars, today announced that it will release its second quarter 2025 financial results on Monday, August 4, 2025, after the market close and host a teleconference to discuss its second quarter 2025 results on the following day. Teleconference details are as follows:August 5, 2025 11:00 a.m. Eastern Daylight Time Phone: 1-877-407-0789 or 1-201-689-8562 Webcast access: https://viavid.webcasts.com/starthere.jsp?ei=1727351&tp_key=3e2183bfb0Please note that the webcast is listen-only and webcast participants will not be able to participate in the question and answer portion of the conference call. Interested parties are asked to dial in approximately 10 to 15 minutes prior to the start time of the...

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Gouverneur Bancorp, Inc. Announces Fiscal 2025 Third Quarter and Nine Months Results

GOUVERNEUR, N.Y., July 21, 2025 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTCQB: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the Company’s results for the third quarter and nine months of fiscal year 2025, ended June 30, 2025. The Company reported net income of $217,000, or $0.22 per basic and diluted share, for the quarter ended June 30, 2025, compared to net income of $183,000, or $0.17 per basic and diluted share, for the quarter ended June 30, 2024. The Company also reported net income of $495,000, or $0.48 per basic and diluted share, for the nine months ended June 30, 2025, compared to net income of $403,000, or $0.38 per basic and diluted share, for the nine months ended June 30, 2024. Summary of Financial Results Our results of operations depend...

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