Day: August 21, 2025

Crusoe Acquires Atero to Accelerate AI Infrastructure Performance on Crusoe Cloud, and Establish First Middle East Office

Written by Customer Service on August 21, 2025. Posted in Mergers And Acquisitions.

Atero TeamAtero TeamCo-Founders of AteroAtero CEO, Alon Yariv (left) and Atero CTO, Omer Landau (right)SAN FRANCISCO and TEL AVIV, Israel, Aug. 21, 2025 (GLOBE NEWSWIRE) — Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced it has acquired Atero, a company specializing in GPU management and memory optimization for AI workloads. This strategic move will accelerate the development of Crusoe Cloud’s managed AI services and strengthen its ability to deliver the world’s most reliable, efficient and high-performance AI cloud infrastructure. The acquisition also establishes Crusoe’s first Middle East office in Tel Aviv, Israel, enabling the company to tap into the diverse talent pool and serve new customers across the region. Terms of the deal were not disclosed. Atero’s...

Kaldalón hf.: Interim Financial Statements for the First Six Months of 2025

Written by Customer Service on August 21, 2025. Posted in Earnings Releases And Operating Results.

The interim consolidated financial statements of Kaldalón hf. for the first half of 2025 were approved by the Company’s Board of Directors on 21 August 2025. Substantial Revenue Growth Driven by Prior-Year InvestmentsRental income increased by 24% year-on-year. Operating profit margin (NOI ratio) stood at 78% for the period and remains high. Investments amounted to ISK 3.5 billion during the period. Profit before income tax amounted to ISK 1,753 million. Return on equity was 11.3% on an annualized basis. The Company raises its earnings guidance for the year.Key Milestones During the PeriodCash flow from operations increases by 74% year-on-year, adjusted for changes in operating assets and liabilities. Acquired approx. 10,000 m² of real estate. Conditional purchase agreements have been signed for the properties Krókháls 16, Skúlagata...

Clairvest Provides Update on Head Digital Works Investment

Written by Customer Service on August 21, 2025. Posted in Public Companies.

TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”) announced a material adverse regulatory development with respect to Head Digital Works (the “Company”), a leading online skill based gaming platform in India. CVG and Clairvest Equity Partners V invested in the Company in 2017. On August 21, 2025, the Parliament of India passed new online gaming legislation which bans real money gaming and associated facilitation of same. The legislation requires signature by the President of India before it comes into effect. Assuming this occurs, it would make it illegal for the Company to conduct its business (all of which is in India). The Company intends to pursue all of its legal rights to challenge the validity of the legislation, including seeking injunctive relief while court challenges are in process. CVG’s...

Transcontinental Inc. – Release of Third Quarter 2025 Results and Conference Call

Written by Customer Service on August 21, 2025. Posted in Public Companies.

MONTREAL, Aug. 21, 2025 (GLOBE NEWSWIRE) — On Thursday, September 4, 2025, Transcontinental Inc. will release its third quarter 2025 results after market close. The financial results will be made public in a press release that will be issued on the newswire as well as in the Management’s Discussion and Analysis that will be posted on the Corporation’s website. The Corporation will also host a conference call for the financial community on Friday, September 5, at 8:00 a.m. The conference call will be broadcast live (audio only) on the Investors homepage of the Corporation’s website at www.tc.tc, and will be archived for 30 days.Q3-2025 Results Conference Call Date: Friday, September 5, 2025Time: 8:00 AMDial-in numbers: 1-289-514-5100 or 1-800-717-1738Live audio webcast: www.tc.tc/investors Conference Recording...

Alpha Modus Settles Lawsuit Against Walgreens Over In-Store Technology Patents

Written by Customer Service on August 21, 2025. Posted in Public Companies.

CORNELIUS, N.C., Aug. 21, 2025 (GLOBE NEWSWIRE) — Alpha Modus Holdings Inc. (NASDAQ: AMOD), a leader in AI-powered retail technology, today announced that it has reached a settlement in its patent infringement lawsuit against Walgreen Co. (“Walgreens”). The case, Alpha Modus, Corp. v. Walgreen Co., was filed in the United States District Court for the Eastern District of Texas (Case No. 2:25-cv-00120) and involved claims related to Alpha Modus’s U.S. Patent Nos. 10,977,672 and 11,042,890. The terms of the settlement are confidential. The lawsuit will be dismissed with prejudice. “We appreciate the opportunity to amicably resolve this matter in a timely and effective manner,” said William Alessi, Chief Executive Officer of Alpha Modus. “This outcome reflects our continued commitment to safeguarding the value of our intellectual...

WANG & LEE GROUP, INC. Announces Share Combination

Written by Customer Service on August 21, 2025. Posted in Public Companies.

HONG KONG, Aug. 21, 2025 (GLOBE NEWSWIRE) — WANG & LEE GROUP, Inc. (NASDAQ: WLGS) (“W&L”, or the “Company”), Hong Kong-based construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems, today announced that on July 28, 2025, its board of directors approved a combination of its ordinary shares on a 250-to-one basis (the “Share Combination”). The Company’s ordinary shares will begin trading on a post combination basis on September 2, 2025. As a result of the Share Combination, each two hundred and fifty (250) pre-combination ordinary shares of the Company will be automatically combined into one (1) ordinary share without any action on the part of the holders, with no change to the par value, and the Company’s issued and outstanding ordinary shares will be reduced from 174,679,566...

Landsnet’s Half-Year Financial Report for the period January- June 2025 – Solid performance and exciting times ahead

Written by Customer Service on August 21, 2025. Posted in Earnings Releases And Operating Results.

Landsnet’s interim financial statement for the period January-June, 2025 was published today. Landsnet – Half-Year Financial Report, January- June 2025 Solid performance and exciting times ahead Landsnet delivered strong results in the first half of the year, aligning with expectations. The company reported a profit of USD 11.5 million for the period. The refund of in-feed fees affected this year’s results. Ragna Árnadóttir, CEO of Landsnet: “The coming period will be challenging as we work to strengthen and develop the transmission system for the future. This interim report reflects Landsnet’s sound financial position. Revenues for the first half of the year were lower than during the same period last year, primarily due to refunds of in-feed fees resulting from a Supreme Court ruling. Nevertheless, forecasts indicate that the company’s...

Volvo Trucks lands major order: 264 new VNL trucks to Averitt Express

Written by Customer Service on August 21, 2025. Posted in Public Companies.

Averitt Express branded Volvo VNL TruckVolvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for more than 200 all-new Volvo VNL 860s.Greensboro, North Carolina, Aug. 21, 2025 (GLOBE NEWSWIRE) — Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for 264 new Volvo VNL 860s. The deal marks one of the largest single orders for the new flagship sleeper model in North America to date. The trucks will join Averitt’s fleet of more than 4,600 vehicles, over half of which are Volvo trucks. The investment reflects a growing trend among major carriers to accelerate fleet upgrades that improve fuel economy, lower...

Intended Changes in the Supervisory Boards of LHV Group and LHV Pank

Written by Customer Service on August 21, 2025. Posted in Public Companies.

AS LHV Group announces that the Nomination Committee has made a proposal to the Supervisory Boards of AS LHV Group and AS LHV Pank to initiate the fit and proper assessment process for Kairi Pauskar. The intention is to propose her election as a new member of the Supervisory Boards of both companies. In accordance with the Articles of Association, the proposed term would be up to three years for LHV Group and up to five years For LHV Pank. The elections are planned to take place at the next Annual General Meeting of LHV Group and by the sole shareholder of LHV Pank. The appointments would take effect based on the respective shareholder decisions. In addition to her intended roles on the Supervisory Boards of LHV Group and LHV Pank, Kairi Pauskar is also expected to also assume the role of the Chair of the Nomination Committee and the...

SEGG Media-Backed Drivers Return to Historic Milwaukee Mile for Penultimate Weekend of the 2025 IndyCar Season

Written by Customer Service on August 21, 2025. Posted in Public Companies.

A Media Snippet accompanying this announcement is available by clicking on this link. MILWAUKEE, Aug. 21, 2025 (GLOBE NEWSWIRE) — The SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”)-backed trio of Louis Foster, Callum Ilott, and Seb Murray are set to compete at the Milwaukee Mile this weekend as the 2025 NTT INDYCAR and INDY NXT by Firestone seasons head into their penultimate rounds. The legendary Milwaukee Mile, the oldest operating motor racing circuit in the world, provides a unique challenge with its flat, one-mile oval that demands precision, patience, and strategy. With just two races remaining in the season, all three SEGG Media-supported drivers are aiming to close out the campaign on a high — proudly carrying the banners of Lottery.com and Sports.com on the global stage. Louis Foster – Milwaukee...

Day: August 21, 2025

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