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Day: August 11, 2025

Callum Ilott Delivers Extraordinary Comeback as SEGG Media Brands Shine at Portland

A Media Snippet accompanying this announcement is available by clicking on this link. PORTLAND, Ore., Aug. 11, 2025 (GLOBE NEWSWIRE) — SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”)- brands Lottery.com and Sports.com were flying high and prominently displayed across the NTT INDYCAR and INDY NXT by Firestone paddocks this weekend as SEGG Media-backed drivers delivered strong performances in the final road course race of the 2025 season at the BitNile.com Grand Prix of Portland. Callum Ilott – P6 (PREMA Racing / IndyCar) Driving the No. 90 PREMA Racing Chevrolet, Ilott delivered a stunning performance, climbing 18 positions from his P24 starting spot to finish sixth — matching his career-best result and securing PREMA’s fourth consecutive top-10 finish. The result also marked Ilott’s second consecutive...

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Castor Maritime Inc. Reports First Quarter Results for 2025

LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping and energy company, today announced its results for the three months ended March 31, 2025. Highlights of the First Quarter Ended March 31, 2025:Total vessel revenues: $11.3 million for the three months ended March 31, 2025, as compared to $20.4 million for the three months ended March 31, 2024, or a 44.6% decrease; Net loss of $23.3 million for the three months ended March 31, 2025, as compared to net income of $22.3 million for the three months ended March 31, 2024, or a 204.5% decrease. The loss is primarily attributable to unrealized losses of $26.4 million recognized as of March 31, 2025, resulting from the remeasurement of our equity method investments to period-end fair market...

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XOMA Royalty Announces Closing of Tender Offer for Turnstone Biologics

– Turnstone Stockholders Received $0.34 Per Share in Cash Plus Contingent Value Right – EMERYVILLE, Calif., Aug. 11, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (NASDAQ: XOMA) (“XOMA Royalty” or the “Company”), a biotechnology royalty aggregator playing a distinctive role in helping biotech companies achieve their goal of improving human health, today announced the Company has successfully completed its previously announced tender offer to acquire all outstanding shares of Turnstone Biologics Corp. (NASDAQ: TSBX) common stock for a price per share of $0.34 in cash (the “Cash Amount”), plus one non-tradeable contingent value right (“CVR” and together with the Cash Amount, the “Offer Price”). The tender offer and related withdrawal rights expired one minute after 11:59 p.m. Eastern Time on Thursday, August 7, 2025...

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EuroDry Ltd. Reports Results for the Quarter and Six-Month Period Ended June 30, 2025

ATHENS, Greece, Aug. 11, 2025 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three- and six-month periods ended June 30, 2025. Second Quarter 2025 Highlights:Total net revenues for the quarter of $11.3 million.Net loss attributable to controlling shareholders, of $3.1 million or $1.12 loss per share basic and diluted.Adjusted net loss1 attributable to controlling shareholders for the quarter of $3.0 million or $1.10 loss per share basic and diluted.Adjusted EBITDA1 for the quarter was $1.9 million.An average of 12.0 vessels were owned and operated during the second quarter of 2025 earning an average time charter equivalent rate of $10,428 per day.To date,...

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Next Technology Holding Inc. Announces Second Quarter 2025 Financial Results Driven by Significant Growth in Holding Bitcoin

CHEYENNE, Wyo., Aug. 11, 2025 (GLOBE NEWSWIRE) — Next Technology Holding Inc. (“NXTT” or the “Company”) (NASDAQ: NXTT), a technology firm committed to delivering AI-enabled software development services and strategic Bitcoin acquisition, today announced its financial results for the six-month period ended June 30, 2025.  H1 2025 Financial HighlightsNet income was US$312.0 million for the six months ended June 30, 2025, representing an increase by 2,373% from US$12.6 million in the comparable 2024 period. The increase in net income is mainly due to fair value gain from digital assets during the period. Other income for the six months ended June 30, 2025 was US$395.7 million, representing an increase by 2,437% from US$15.6 million in the comparable 2024 period, primarily driven by a $$449.0 million gain from the increase in Bitcoin’s...

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BioCardia Reports Second Quarter 2025 Business Highlights and Financial Results

SUNNYVALE, Calif., Aug. 11, 2025 (GLOBE NEWSWIRE) — BioCardia, Inc. [Nasdaq: BCDA], a developer of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, today reported financial results for the second quarter of 2025 and filed its quarterly report on Form 10-Q for the three and six months ended June 30, 2025 with the Securities and Exchange Commission. The Company will also hold a conference call at 4:30 PM ET today in which it will discuss business highlights. Following management’s formal remarks, there will be a question-and-answer session. Recent Business Highlights CardiAMP® autologous cell therapy in ischemic heart failure of reduced ejection fraction (BCDA-01)Two-year results from the double-blind randomized placebo-controlled Phase 3 CardiAMP HF Trial of CardiAMP autologous...

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Telos Corporation Announces Second Quarter 2025 Earnings

ASHBURN, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) — Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 second quarter financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its second quarter 2025 financial results today, August 11, 2025, at 9:30 a.m. ET. To access the webcast, visit https://edge.media-server.com/mmc/p/4zje79ac/lan/en/. Related presentation materials will be made available on the Investors section of the Company’s website at https://investors.telos.com. In addition, an archived webcast will be available approximately two hours after the conclusion of the live event on the Investors section of the Company’s website.  About...

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Foresight, KONEC and GINT Collaborate on Prototype Development for Autonomous Tractors Toward Mass Production

Revenue potential of up to $35M by 2030, with initial sales expected in 2026  Ness Ziona, Israel, Aug. 11, 2025 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today the signing of a three-way agreement with KONEC Ltd. (“KONEC”), a leading South Korean Tier-One automotive supplier, and GINT Ltd. (“GINT”), a South Korean company specializing in automation technologies for agricultural machinery, construction equipment and automobiles, to develop an autonomous control system based on Foresight’s 3D perception technology for autonomous tractors. This follows the agreement with GINT and KONEC, as announced by the Company on December 2, 2024.  The agreement outlines a multi-phase collaboration preparing for mass production...

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Cloudastructure CEO James McCormick Featured on “The Big Biz Show”

PALO ALTO, CA, Aug. 11, 2025 (GLOBE NEWSWIRE) — Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) a recognized leader in AI surveillance and remote guarding solutions today announced that James McCormick, CEO of Cloudastructure participated in an interview with “The Big Biz Show,” an Emmy Award-winning nationally syndicated TV and radio show. During the interview, Mr. McCormick discussed the latest advancements in Cloudastructure’s product offerings, emphasizing the integration of AI as a powerful deterrent—delivering a 98% deterrence rate for a superior security solution. He also shared his vision for the Company’s future and addressed the growing impact of state mandates driving the demand for enhanced security measures. The interview aired on cable TV and streaming services, including...

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Windtree Announces Istaroxime has been Chosen for a Plenary Session Presentation at the Heart Failure Society of America 2025

Presentation will be the interim data from the Phase 2 study of istaroxime in SEISMiC C – Cardiogenic Shock SCAI Stage C Cardiogenic shock SCAI Stage C has an in hospital mortality rate of 20-30% Istaroxime interim data was consistent with the profile seen in previous studies gives Windtree confidence to move forward with a global Phase 3 study WARRINGTON, Pa., Aug. 11, 2025 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or the “Company”) (NasdaqCM: WINT), a diversified company with several divisions, including a cryptocurrency treasury strategy and two promising therapeutic pipelines for which the Company is actively seeking long-term development partners, announced that istaroxime was chosen for a presentation entitled, “Safety and Efficacy of intravenous administration of istaroxime for 48 hours in patients...

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