Day: July 1, 2025
HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) announced today that the Company completed its previously-announced executive succession plan, with Matt Simmes becoming the Company’s President and Chief Executive Officer and Jeff Gendell transitioning from Chairman of the Board and Chief Executive Officer to Executive Chairman of the Board. In addition, Mr. Simmes has been appointed as a member of the Company’s Board.
“I am grateful for the opportunity to lead IES into its next chapter,” said Mr. Simmes. “Under Jeff’s leadership, IES has established a strong record of growth, and I am committed to building on that legacy to deliver value for our shareholders, customers, and employees.” Mr. Gendell added, “I am incredibly proud of all that Matt and I have accomplished together,...
NIP Group Enters Bitcoin Mining Through Strategic Acquisition
Written by Customer Service on . Posted in Mergers And Acquisitions.
Establishes Digital Computing Division to Drive Company’s Digital Infrastructure Strategy,Adds Hash Rate of 3.11 EH/s, Expects Significant Bitcoin Mining Revenue, Sets Stage for Future High-Performance Computing (HPC) and AI-driven Entertainment Services Opportunities
ABU DHABI, United Arab Emirates, July 01, 2025 (GLOBE NEWSWIRE) — NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced it has entered into a definitive asset-purchase agreement (the “Agreement”) to acquire on-rack crypto mining machines (the “Products”) from Fortune Peak Limited and Apex Cyber Capital Limited (together, the “Sellers”). These Products are currently used for Bitcoin mining and are expected to begin generating significant Bitcoin mining revenue for the Company upon closing of the acquisition....
Marex completes acquisition of FX specialist Hamilton Court Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
LONDON, July 01, 2025 (GLOBE NEWSWIRE) — Marex Group plc (‘Marex’ or the ‘Group’; NASDAQ: MRX), the diversified global financial services platform, today announces that it has completed the acquisition of foreign exchange (FX) specialist Hamilton Court Group. The acquisition expands the Group’s FX offering, bringing new capabilities onto the platform, consistent with its strategy to diversify earnings.
The acquisition will bring around 170 employees across London, Milan, Madrid and Toronto to Marex.
About Marex:Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The Group provides comprehensive breadth and depth of coverage across four services: Clearing, Agency and...
Prospect Capital Corporation Acquires QC Holdings, Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Prospect Capital Corporation (“Prospect”) (NASDAQ: PSEC) has announced the closing of the acquisition of QC Holdings, Inc. (“QC Holdings”), a provider of consumer credit, by Prospect on June 30, 2025. In accordance with the previously announced definitive merger agreement, Prospect has acquired QC Holdings in an all-cash transaction for a total enterprise value of approximately $115 million.
The common stock for QC Holdings is no longer listed on a stock exchange. QC Holdings, as a portfolio company of Prospect, will remain headquartered in Lenexa, Kansas. The QC Holdings management team members, led by Darrin Andersen, President and Chief Executive Officer, will continue to lead QC Holdings post-acquisition in their current roles.
QC Holdings has been advised that stockholders of record...
YY Group Holding Limited Strengthens IFM Division with Acquisition of Pesticide Pest Control Pte. Ltd.
Written by Customer Service on . Posted in Public Companies.
Singapore , July 01, 2025 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), is pleased to announce its acquisition of Pesticide Pest Control Pte. Ltd., a Singapore-based pest control company with over 30 years of operational history.
The company will be rebranded as Pest Fighter Management Pte. Ltd., marking the beginning of its next growth phase under YY Group’s integrated IFM platform. The acquisition is expected to close on July 1, 2025.
Towards a Fully Integrated IFM Ecosystem
The addition of Pest Fighter enhances YY Group’s capability to offer a comprehensive range of IFM services, encompassing pest control, cleaning, landscaping, maintenance, and security. Together, these verticals create...
Jade Biosciences Appoints Brad Dahms as Chief Financial Officer
Written by Customer Service on . Posted in Public Companies.
SAN FRANCISCO and VANCOUVER, British Columbia, July 01, 2025 (GLOBE NEWSWIRE) — Jade Biosciences, Inc. (“Jade”) (Nasdaq: JBIO), a biotechnology company focused on developing best-in-class therapies for autoimmune diseases, today announced the appointment of Brad Dahms as Chief Financial Officer.
“Brad is a proven strategic and financial leader with a strong track record guiding biotech companies through multiple phases of growth,” said Tom Frohlich, Chief Executive Officer of Jade Biosciences. “His expertise across corporate strategy, business development, and capital markets makes him a valuable addition as we build on the momentum of our recent Nasdaq listing and private financing, advance our lead candidate JADE101 into the clinic this year for IgA nephropathy, and continue progressing a pipeline of potentially best-in-class...
Adagene announces up to $25 million strategic investment from Sanofi
Written by Customer Service on . Posted in Public Companies.
– Sanofi to exercise option on third SAFEbody discovery program and sponsor combination clinical trial with muzastotug
– Company expects proceeds to extend cash runway into 2027
SAN DIEGO and SUZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) — Adagene Inc. (“Adagene or the Company”) (Nasdaq: ADAG), a company transforming the discovery and development of novel antibody-based therapies, today announced strategic investment and option exercise by Sanofi (Euronext: SAN FP).
Sanofi has agreed to make strategic investment of up to US$25 million in Adagene. The Company plans to use the proceeds to fund its research and development activities, including clinical development of muzastotug (ADG126), an anti-CTLA-4 SAFEbody, through a randomized phase 2 trial in microsatellite stable colorectal cancer (MSS CRC).
To further explore...
BioXcel Therapeutics Receives Second Positive Recommendation from Data Safety Monitoring Board (DSMB) to Continue SERENITY At-Home Pivotal Phase 3 Safety Trial for Acute Treatment of Agitation Associated with Bipolar Disorders or Schizophrenia
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DSMB recommended the continuation of trial as planned
Topline data expected in Q3 2025
NEW HAVEN, Conn., July 01, 2025 (GLOBE NEWSWIRE) — BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neuroscience, today announced the second positive recommendation by an independent Data Safety Monitoring Board (DSMB) to continue, without modification, the SERENITY At-Home pivotal Phase 3 safety trial of BXCL501 for acute treatment of agitation associated with bipolar disorders or schizophrenia.
The DSMB recommendation followed a review of unblinded safety data from 178 patients dosed as of the May 28, 2025 cutoff date. The trial is fully enrolled and collection of data over the 12-week period is continuing.
“We are pleased with this additional favorable...
Gray Media Names Stephanie Plant as General Manager of WTAP in Parkersburg, West Virginia
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ATLANTA, July 01, 2025 (GLOBE NEWSWIRE) — Gray Media has named Stephanie Plant as the next General Manager of WTAP, the NBC affiliate in Parkersburg, West Virginia. She will also oversee 2 local low-power stations: FOX affiliate WOVA-LD and CBS affiliate WIYE-LD. She succeeds Ken Long, who is retiring after 44 years in the media industry. Stephanie assumes her new role effective July 2, 2025.Stephanie is a Parkersburg native and has nearly 20 years of sales experience in the market. She joined WTAP as an Account Manager in 2016 and served for the last 8 years as Local Sales Manager. Previously, she was a Sales Manager for a Parkersburg radio group.
Stephanie is committed to community service, currently serving on the Board of Directors for Camden Clark Memorial Hospital Foundation, as Race Director for Thriving Beyond Breast...
Breckenridge Distillery Unveils Limited-Edition Collectors Art Series Collaboration with Renowned Artist Miles Toland
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For Its Fifth Annual Collectors Art Series, Breckenridge Distillery Partners with Visionary Artist to Create Label for Its New Calvados Cask Release
BRECKENRIDGE, Colo., July 01, 2025 (GLOBE NEWSWIRE) — Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a craft spirits brand by Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), proudly announces the fifth edition of its acclaimed Collectors Art Series. This year, the distillery partnered with muralist and painter Miles Toland to create a breathtaking label and mural as part of its limited release, the Breckenridge Calvados Cask Finish.Born in Santa Fe, New Mexico, and currently based in Spokane, Washington, Toland is known for his immersive murals and studio work that explore the liminal realms between sleep and wakefulness. His art blends geometric...