Day: July 1, 2025
In accordance with the Remuneration Policy of Alvotech (the “Company”), which was approved at the Company’s Annual General Meeting (“AGM”) on June 6, 2023, at the 2025 AGM held on June 25, 2025, four independent board directors each received a stock option grant allowing the purchase of up to 24,784 Alvotech shares.
The aim of the stock option grants is to align the long-term interests of the board members and the Company. The relevant key terms and conditions of the Company´s Equity Incentive Plan approved by Alvotech’s Annual and Extraordinary General Meeting on June 13, 2022 are as follows:The stock option agreements entitle the grantee to purchase Alvotech shares at an exercise price of USD 9.28 per share*.
The options are subject to a vesting period over three years with yearly vesting, i.e. one third of the options vest each year...
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of June 30, 2025
Written by Customer Service on . Posted in Public Companies.
HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of June 30, 2025.
As of June 30, 2025, the Company’s net assets were $2.4 billion, and its net asset value per share was $14.10. As of June 30, 2025, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 714% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 521%.STATEMENT OF ASSETS AND LIABILITIESJUNE 30, 2025 // (UNAUDITED)
(in millions)Investments
$
3,279.5
Cash...
APA Corporation Releases 2025 Sustainability Publications
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HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today released its sustainability publications highlighting progress in environmental stewardship, social responsibility and corporate governance throughout 2024. This year, APA simplified its reporting into two complementary documents. Our Approach to Sustainability details the ongoing sustainability programs and initiatives. The 2025 Sustainability Progress Report contains progress on 2024 goals, yearly highlights, key performance data and new goals for 2025. To explore the publications, visit https://apacorp.com/sustainability.
“Our sustainability progress is tangible,” said APA CEO John J. Christmann IV. “APA has taken meaningful steps to reduce greenhouse gas emissions, minimize freshwater usage, and protect sensitive ecosystems. We remain committed...
RBB Bancorp to Report Second Quarter 2025 Financial Results
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LOS ANGELES, July 01, 2025 (GLOBE NEWSWIRE) — RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank (the “Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as the “Company”, today announced that it will release financial results for its second quarter ended June 30, 2025 after the markets close on Monday, July 21, 2025.
Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, July 22, 2025 to discuss the Company’s financial results.
To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, passcode 710803, Conference ID RBBQ225. A replay of the call will be made available at 1-877-481-4010 or 1-919-882-2331, passcode 52690, approximately one hour after the conclusion of the call...
Southwest Strategies Group Acquires Kiterocket
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition Expands Infrastructure Outreach Firm’s Reach throughout the Western U.S.
SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Leading California communications firm Southwest Strategies Group announced today the acquisition of Kiterocket, one of the nation’s leading public relations agencies for emerging technologies, semiconductors, renewable energy and sustainability.
“Kiterocket’s client-centric philosophy and commitment to investing in their team align with our core values,” said Southwest Strategies Group CEO Chris Wahl. “Semiconductors are the lifeblood of modern American infrastructure, and this partnership positions Southwest Strategies Group to be on the leading edge of communications on the West Coast.”
With offices in Phoenix, Ariz., and Seattle, Wash., Kiterocket extends Southwest Strategies Group’s reach throughout...
LGI Homes Unveils $3M Amenity Center at Jennings Farm in Middleburg, FL
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New amenity center at Jennings Farm in Middleburg, FLNew resort-style pool at Jennings Farm in Middleburg, FLNew amenity center at Jennings Farm in Middleburg, FLNew pickleball courts at Jennings Farm in Middleburg, FLNew amenity center at Jennings Farm in Middleburg, FLNew children’s playground at Jennings Farm in Middleburg, FLMIDDLEBURG, Fla., July 01, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ:LGIH) proudly announces the grand opening of the amenity center at Jennings Farm. With over $3,000,000 invested, this new area enhances the tight-knit feel of this incredible community.
Situated along Jennings Farm Dr., the recently completed amenity center offers plenty of opportunities for summertime fun. Homeowners can escape the heat at the incredible community swimming pool or let their kids...
Amplify Energy Announces Sale of Non-Operated Eagle Ford Assets
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HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today it entered into a definitive agreement to sell all of its non-operated working interest in its Eagle Ford assets to Murphy Exploration & Production Company — USA for a contract price of $23 million, subject to certain post-closing adjustments. The sale closed July 1, 2025 and has an effective date of June 15, 2025.
The net proceeds from the sale will be used to pay down debt which will enhance the Company’s liquidity. With an improved balance sheet, Amplify is considering adding back high-return Beta development wells in 2025 that it had previously deferred in May. The Company expects to provide updated full-year 2025 guidance at the time it provides second quarter operating and financial...
FEMSA completes divestiture of certain of its logistics operations to TRAXIÓN
Written by Customer Service on . Posted in Public Companies.
MONTERREY, Mexico, July 01, 2025 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the closing of its divestiture, previously disclosed on October 10, 2024, of certain of its logistics operations doing business as Solistica, to Grupo Traxión, S.A.B. de C.V. (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico. The transaction includes FEMSA’s transportation management operations in Mexico, as well as its contract logistics operations in Mexico, Colombia and Brazil. The transaction does not include FEMSA’s LTL (less-than-truckload) operations in Brazil.
Total consideration for this transaction was $4,040 million Mexican pesos, on a cash-free, debt-free basis.
About FEMSAFEMSA is a company that creates economic and...
Plains All American’s 2024 Schedule K-3 Now Available
Written by Customer Service on . Posted in Public Companies.
HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) (the “Partnership”) announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican.
A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance...
Brown & Brown, Inc. announces 2025 second-quarter earnings release and conference call dates
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DAYTONA BEACH, Fla., July 01, 2025 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2025 second-quarter earnings on Monday, July 28, 2025, after the close of the market. On Tuesday, July 29, 2025, J. Powell Brown, Brown & Brown’s president and chief executive officer, and R. Andrew Watts, Brown & Brown’s executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown’s second-quarter 2025 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown’s website at 8:00 a.m. EDT. Simply log on to www.bbrown.com and click on “Investor Relations” and then “Calendar of Events.”
If you are unable to listen during the live webcast, audio from the...