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Day: July 17, 2025

TripleBolt Introduces New Gold-Backed Crypto Asset “Blue Gold Token” for NASDAQ listed Blue Gold (BGL)

Miami, FL, July 17, 2025 (GLOBE NEWSWIRE) — Triple Bolt Technology LLC, the developer behind the innovative gold-backed crypto asset, today announced its high-level technical plan for the implementation of the Blue Gold Token (BGT) — a digital asset backed by legally binding, long-term futures contracts on physical gold. The Blue Gold Token is designed to bring institutional-grade commodity exposure to blockchain-based capital markets. Each token represents a contractual right to a future delivery of gold, secured through verified reserves and structured through a compliant, smart contract-based framework. Nathan Dionne CEO at TripleBolt comments. “We are excited to be part of this project that will provide Nasdaq listed – Blue Gold Limited (BGL) with an innovative solution, bringing together the advantages of both digital...

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Genius Group Provides Details on Direct Registration of Shares

SINGAPORE, July 17, 2025 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, is today providing investors with details to enable interested shareholders to direct register their shares with our transfer agent. Further to requests from Genius Group shareholders on options available to reduce the risk of their shares being lent out without their knowledge to third parties for short selling, the Company has worked with its Board Advisor, Kevin Malone, to provide information to its shareholders. Mr. Malone brings experience advising companies and investors on fighting market manipulation, together with over 40 years of family experience in wealth management. Mr. Malone has indicated that in most brokerage agreements, brokers are under no...

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Westamerica Bancorporation Reports Second Quarter 2025 Financial Results

SAN RAFAEL, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the second quarter 2025 of $29.1 million and diluted earnings per common share (“EPS”) of $1.12. Second quarter 2025 results compare to first quarter 2025 net income of $31.0 million and EPS of $1.16. “Westamerica’s second quarter 2025 results benefited from the Company’s low-cost operating principles. The annualized cost of funding interest-earning loans, bonds and cash was 0.22 percent for the second quarter 2025. The Company recognized no provision for credit losses in the second quarter 2025. At June 30, 2025, nonperforming assets were $5.0 million and the allowance for credit losses on loans was $13.8 million. Westamerica operated efficiently, spending...

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K-Tech Solutions Company Limited Announces Closing of US$6.4 million Initial Public Offering

Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) — K-Tech Solutions Company Limited (“KMRK” or the “Company”) is an established toy products design house specialized in the development of infant and pre-school educational toys and learning kits. The Company is headquartered in Hong Kong to provide full-fledged product development solutions to toy brands throughout the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. The Company today announced the closing of its previously announced initial public offering of an aggregate 1,600,000 Class A Shares (the “Offering”) at a price of US$4.00 per share (the  “Offering Price”) to the public, for a total gross proceeds of US$6.4 million to the Company, before deducting underwriting discounts and offering expenses. The...

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SEALSQ Completes Its Validation of QS7001 Quantum Resistant Hardware Platform Cryptographic Toolbox

Geneva, Switzerland, July 17, 2025 (GLOBE NEWSWIRE) — The chip is expected to be available in Q4 2025 for first customers integrating post-quantum security into their designs SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the successful completion of the cryptographic toolbox validation stage for its QS7001 post-quantum hardware platform, a critical step as quantum computing advances rapidly. The validation confirms the robust performance of post-quantum cryptographic algorithms, including Kyber and Dilithium, alongside the platform’s supporting hardware macros. QS7001’s successful validation has allowed the Company to begin the formal Common Criteria EAL5+...

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Work Advancing on Globex’s Mont Sorcier Iron Royalty Property

ROUYN-NORANDA, Quebec, July 17, 2025 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to highlight to shareholders the following update from Cerrado Gold Inc. as regards ongoing work at the Mont Sorcier Iron/vanadium project located in proximity of the town of Chibougamau, Quebec. In a press release of today’s date, Cerrado published the following: Mont Sorcier Project Update At the Mont Sorcier high-purity iron project, detailed metallurgical test work and flow sheet design continued during the quarter. All key workstreams are now engaged and the Company has commenced an infill drill program to update...

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TWG Announces Entry into a Memorandum of Understanding with Chinese Pharmaceutical Group for Injection of Pet Pharmaceutical Products Business

 Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) — Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”), today announced that it has entered into a legally-binding memorandum of understanding (the “MOU”) with Jilin Xiuzheng Agriculture and Animal Husbandry Technology Co., Ltd. (“Jilin Xiuzheng”), a member of leading Chinese Pharmaceutical Group Xiuzheng Group, for a proposed injection of animal-related (including pets and livestocks) pharmaceutical products, foods and supplements business. Jilin Xiuzheng is a member of Xiuzheng Group, specializing in the development and operation of animal-related (including pets and livestocks) pharmaceutical products, foods and supplements, and other related products (“Subject Business”). Xiuzheng Group is a leading private Chinese pharmaceutical group specializing on the...

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Verisk Signs Definitive Agreement to Acquire SuranceBay to Expand its Life & Annuity Offerings

SuranceBay joins Verisk’s FAST platform to enhance efficiency between carriers and the distribution ecosystem Jersey City, N.J., July 17, 2025 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has signed a definitive agreement to acquire SuranceBay, a leading provider of producer licensing, onboarding, appointment and compliance solutions for the life and annuity industry, for $162.5 million in cash. This acquisition underscores Verisk’s commitment to streamlining and automating the process of buying and selling insurance, and to supporting a robust life and annuity ecosystem with solutions that enhance workflows between carriers, general agencies, insurance agents and consumers. With this acquisition, SuranceBay’s solutions, including its best-in-class agency management software,...

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RadNet’s Wholly-Owned Subsidiary, DeepHealth, Completes Acquisition of iCAD

Acquisition contributes iCAD’s commercial, technology, and regulatory capabilities The acquisition positions DeepHealth with an industry-leading suite of AI-powered breast cancer image interpretation and workflow solutions The combination is expected to provide acceleration of AI adoption and expanded worldwide access to advanced breast cancer screening and diagnosis technologiesLOS ANGELES, July 17, 2025 (GLOBE NEWSWIRE) —  RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, announced today that it has completed the acquisition of iCAD, Inc. (NASDAQ: ICAD) (“iCAD”), a global leader in AI-powered breast health solutions. The integration of iCAD’s complementary commercial, technology, and regulatory capabilities...

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UFP Technologies Acquires UNIPEC and TPI to Expand Film and Thermoplastic Molding Capabilities

NEWBURYPORT, Mass., July 17, 2025 (GLOBE NEWSWIRE) — UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products, today announced the acquisitions of Universal Plastics & Engineering Company, Inc. (“UNIPEC”) and Techno Plastics Industries, Inc. (“TPI”). These transactions further expand UFP’s capabilities in tight tolerance film components and thermoplastic molding for the medical device market. UNIPEC, headquartered in Rockville, Maryland, develops and manufactures precision thermoformed and heat-sealed polymer components used primarily for shielding batteries in Class III implantable medical devices. The company is an excellent strategic fit with UFP’s Welch Fluorocarbon operation, enhancing its thin...

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