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Day: July 21, 2025

Bitcoin Depot Appoints Philip Brown as Chief Compliance Officer

Seasoned Compliance Leader Joins Bitcoin Depot to Support Global Expansion and Strengthen Regulatory Strategy ATLANTA, July 21, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the appointment of Philip Brown as Chief Compliance Officer. With extensive experience in global compliance frameworks and financial services, Brown will oversee Bitcoin Depot’s compliance strategy as the Company continues its rapid expansion across the U.S. and internationally. In this role, Brown will manage all aspects of Bitcoin Depot’s compliance program, including its Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, transaction monitoring, and state-by-state compliance strategies. He will also lead the Company’s regulatory engagement efforts...

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Profusa Announces $100 Million Equity Line of Credit to Initiate Bitcoin Treasury Strategy

BERKELEY, Calif, July 21, 2025 (GLOBE NEWSWIRE) — Profusa, Inc. (“Profusa” or the “Company”) (NASDAQ: PFSA), a commercial stage digital health company pioneering the next generation of technology platform enabling the continuous monitoring of an individual’s biochemistry, today announced that it is initiating a Bitcoin treasury strategy via the execution of a Securities Purchase Agreement (the “ELOC”) with Ascent Partners Fund LLC, (“Ascent”), pursuant to which Ascent will purchase up to $100,000,000 of the Company’s Common Stock. 100% of the net proceeds will be used to purchase Bitcoin (which can be used for debt repayment) provided that the Company’s cash balance on the date of the put exceeds $5,000,000. Under the ELOC the Company will be able to put its shares of Common Stock to Ascent at a price per share equal to 97% of...

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Sunrun Dispatches Emergency Power to Help Prevent Grid Blackouts During Energy Shortages

Amid emergency conditions from summer heat and power generation shortfalls, Sunrun answers urgent utility requests to dispatch energy from home batteries to improve grid reliability SAN FRANCISCO, July 21, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, has begun dispatching more than 37,000 home batteries to provide emergency power to Puerto Rico’s grid operator to address insufficient centralized electricity generation coinciding with increased demand due to high temperatures. The additional energy provided by Sunrun’s distributed power plant relieves grid strain and helps prevent rotating blackouts. Sunrun’s enrolled dispatchable power capacity has increased more than tenfold since last summer to support the island’s struggling grid. From July through October...

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Upexi Grows Treasury to 1.819 Million SOL Worth $331 Million with a $58 Million Unrealized Gain in Under Three Months

Upexi purchased an additional 100,000 SOL, and anticipates it may generate up to approximately $26 million in annual staking revenue based on current SOL holdingsCompany releases adjusted metrics for enhanced transparency and analysis TAMPA, Fla., July 21, 2025 (GLOBE NEWSWIRE) —  Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the acquisition of 100,000 SOL, bringing its treasury holdings to 1,818,809 SOL worth $331 million. The recent purchase follows the successful closing of a roughly $200 million equity and convertible notes private placement last week. Treasury and Staking Update On July 17, Upexi purchased 100,000 SOL for $17.7 million, or $176.77 per...

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Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders

VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, July 21, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, today announced the voting results from the Company’s annual and special meeting of shareholders held on July 18, 2025 (the “Meeting”). In total 35.07% of the Company’s outstanding shares were represented at the Meeting. Each of the items of business was approved and passed by the Company’s shareholders at the Meeting with the requisite approval thresholds, namely:setting the number of directors of the Company at six (6); election each of the management nominees as directors, being: Dani Itzhaki, Jonathan Or,...

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Globus Medical Announces Leadership Transitions and Preliminary Second Quarter 2025 Sales Results

AUDUBON, Pa., July 21, 2025 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal technology company, today announced that Keith Pfeil, Executive Vice President, Chief Operating Officer and Chief Financial Officer, has been appointed President and Chief Executive Officer effective July 18, 2025. Daniel Scavilla has resigned as President and Chief Executive Officer effective July 18, 2025, in order to pursue another opportunity. Additionally, Kyle Kline, Senior Vice President of Finance, has been appointed Senior Vice President and Chief Financial Officer. “We are excited to appoint Keith Pfeil as our next President and Chief Executive Officer. Keith brings a sharp strategic mindset and a results-orientated leadership style with a clear understanding of how to drive performance across an organization,”...

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DeFi Dev Corp. Grows SOL Treasury to 999,999, Raises $19 Million from Equity Line of Credit

BOCA RATON, FL, July 21, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it now holds 999,999 SOL and SOL equivalents on its balance sheet. This milestone follows the Company’s most recent purchase of 141,383 SOL between July 14 – July 20, at an average purchase price of $133.53, representing a total value of approximately $19 million. The purchased SOL includes both spot purchases and discounted locked SOL. The Company’s total SOL position includes rewards generated through staking and onchain activities. Below is a summary of DeFi Dev Corp.’s current SOL position and key per-share metrics as of July 20, 2025:Total SOL & SOL Equivalents Held: 999,999, representing a 142,250...

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ESCO Completes Divestiture Of VACCO Industries

St. Louis, July 21, 2025 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE:ESE) completed the previously announced divestiture of VACCO Industries to RBC Bearings Incorporated (NYSE: RBC), an international manufacturer and marketer of highly engineered precision bearings and products, headquartered in Oxford, Connecticut. Net proceeds on the transaction were approximately $275 million reflecting customary working capital adjustments attributable to operating activities since the time of the transaction announcement on May 20, 2025. ESCO Technologies is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, space, and industrial customers. ESCO is an...

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Arbe to Announce Second Quarter 2025 Financial Results and to Hold a Conference Call on August 7, 2025

Tel Aviv, Israel, July 21, 2025 — Arbe Robotics Ltd. (Nasdaq, TASE: ARBE), a global leader in perception radar solutions, today announced that it will hold its second quarter 2025 conference call on Thursday, August 7, 2025 at 8:30 a.m. Eastern Time. The company will issue its financial results before the US market opens that same day. Conference Call and Webcast Details Speakers will include Kobi Marenko, Co-Founder and Chief Executive Officer and Karine Pinto-Flomenboim, Chief Financial Officer. The live call may be accessed via telephone at: US Toll Free: 1-866-8609642 Israel: 03-9180609 Internationally: +972-3-9180609 The company encourages participants to pre-register for the conference call using the following link: https://Veidan.activetrail.biz/Arbeq2-2025. Participants may pre-register at any time, including up to and after the...

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Preferred Bank Reports Second Quarter Results

LOS ANGELES, July 21, 2025 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2025. Preferred Bank (“the Bank”) reported net income of $32.8 million or $2.52 per diluted share for the second quarter of 2025. This represents an increase in net income of $2.8 million from the prior quarter and a small decrease of $745,000 from the same quarter last year. The increase compared to the prior quarter was mainly due to an increase in net interest income as there was a $2.8 million reversal of interest income which occurred in the first quarter of 2025. The decrease from the same quarter last year was due mainly to an increase in noninterest expense, which was up by $2.8 million, which was due to a $1.3 million write down of the Bank’s...

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