Day: August 26, 2025

Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended June 30, 2025

Written by Customer Service on August 26, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 26, 2025 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) is pleased to announce its financial results for the three and six months ended June 30, 2025 (“Q2/25”). Highlights from three months ended June 30, 2025:NAV of $8.58 million ($0.13/share) at June 30, 2025 compared to $5.57 million ($0.09/share) at March 31, 2025, representing a 44% increase on a quarter over quarter per share basis. NAV is calculated as the value of total assets less the value of total liabilities; Net comprehensive income of $3.01 million compared to net comprehensive losses of $0.49 million for the quarter ended June 30, 2024 (“Q2/24”); Total gains from investment activity was $3.26 million compared to losses of $0.27 million for Q2/24; Net realized gains on the sale of portfolio investments of $0.47 million...

MediciNova Achieves Enrollment in COMBAT-ALS Clinical Trial

Written by Customer Service on August 26, 2025. Posted in Public Companies.

LA JOLLA, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), announces that it successfully achieved enrollment of the target number of participants in its COMBAT-ALS Phase 2b/3 clinical trial of MN-166 (ibudilast). MN-166 is currently in development for the treatment of Amyotrophic Lateral Sclerosis (ALS). Dr. Yuichi Iwaki, MediciNova President and CEO commented, “This milestone marks a significant step forward in the development of MN-166, reflecting strong collaboration among clinical sites, investigators, and patient communities. We are grateful to all the patients, their family, caregivers, investigators, and study teams whose dedication made this achievement possible....

South Star Announces Indicative Term Sheet for US$4M Debt Financing for the Santa Cruz Graphite Mine in Brazil and Appointment of New CFO

Written by Customer Service on August 26, 2025. Posted in Public Companies.

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –Non-Binding Indicative Term Sheet for a US$4,000,000 loan facility with Sprott Streaming over a 3-year maturity period for the Santa Cruz Graphite Mine in Brazil; The funds will be used to support the continued development and optimization of the Phase 1 Santa Cruz Graphite Mine in Brazil; and South Star and Sprott are working on the definitive documentation and expect the financing to close on an expediated schedule. Mr. Darren Prins has been appointed to the role of chief financial officer.VANCOUVER, British Columbia, Aug. 26, 2025 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has signed a non-binding indicative term sheet (“Term Sheet”)...

JOYY Reports Second Quarter 2025 Unaudited Financial Results

Written by Customer Service on August 26, 2025. Posted in Earnings Releases And Operating Results.

SINGAPORE, Aug. 27, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2025. Second Quarter 2025 Financial Highlights1Net revenues were US$507.8 million, compared to US$565.1 million in the corresponding period of 2024. Operating income was US$5.8 million in the second quarter of 2025, compared to operating income of US$2.3 million in the corresponding period of 2024. Non-GAAP EBITDA2 was US$48.2 million, compared to US$38.4 million in the corresponding period of 2024. Net income from continuing operations attributable to controlling interest of JOYY3 was US$60.8 million, compared to net income of US$52.1 million in the corresponding period of 2024. Non-GAAP net income from continuing operations attributable...

Summary Notice of Proposed Settlement of Derivative Matters

Written by Customer Service on August 26, 2025. Posted in Public Companies.

SAN FRANCISCO, Aug. 26, 2025 (GLOBE NEWSWIRE) — Okta, Inc. has released the following notice: A Federal Court authorized this Notice. This is not a solicitation from a lawyer. TO: ALL CURRENT RECORD HOLDERS AND BENEFICIAL OWNERS OF COMMON STOCK OF OKTA, INC. (“OKTA” OR “THE COMPANY”) AS OF JUNE 26, 2025 (THE “RECORD DATE”). PLEASE TAKE NOTICE that the above-captioned derivative lawsuit and certain other Derivative Matters are being settled on the terms set forth in a Stipulation and Agreement of Settlement dated June 26, 2025 (the “Stipulation”).1 Under the terms of the Stipulation, as part of the proposed Settlement, Okta will adopt, implement, and/or maintain certain corporate governance practices, policies and procedures, and internal controls reforms (the “Reforms”). These Reforms, which are detailed more fully in the Stipulation...

UPDATED- Catalyst Pharmaceuticals Announces Settlement of FIRDAPSE® (amifampridine) Patent Litigation with Lupin Pharmaceuticals

Written by Customer Service on August 26, 2025. Posted in Public Companies.

As Part of the Settlement, Lupin Receives a License to Market Generic FIRDAPSE Beginning in February 2035 CORAL GABLES, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (“Catalyst” or “Company”) (Nasdaq: CPRX), a commercial-stage biopharmaceutical company focused on in-licensing, developing, and commercializing novel medicines for patients living with rare and difficult-to-treat diseases, today announced that the Company and its licensor SERB S.A. (“SERB”) have entered into a Settlement Agreement (“Agreement”) with Lupin Ltd and Lupin Pharmaceuticals, Inc. (collectively, “Lupin”). This Agreement resolves the patent litigation brought by Catalyst and SERB in response to Lupin’s Abbreviated New Drug Application (“ANDA”) seeking approval to market a generic version of FIRDAPSE® (amifampridine) 10 mg tablets...

Report on Financial Results for the Three and Six Months Ended June 30, 2025

Written by Customer Service on August 26, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 26, 2025 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and six months ended June 30, 2025 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY Business Overview Urbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville,...

Prospect Capital Announces Financial Results for June 2025

Written by Customer Service on August 26, 2025. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2025. FINANCIAL RESULTSAll amounts in $000’s exceptper share amounts (on weighted averagebasis for period numbers) Quarter Ended Quarter Ended Quarter EndedJune 30, 2025 March 31, 2025 June 30, 2024 Net Investment Income (“NII”) $79,043 $83,489 $102,922NII per Common Share $0.17 $0.19 $0.25Interest as % of Total Investment Income 94.9% 93.3% 89.2% Net Income (Loss) Applicable to Common Shareholders $(226,369) $(171,331) $(9,050)Net Income (Loss) per Common Share $(0.50) $(0.39) $(0.02) Distributions to Common Shareholders $61,181 $59,966 $75,640Distributions per Common Share $0.135 $0.135 $0.18Cumulative...

The Marquie Group Announces Cancellation of Buy-Sell Agreement

Written by Customer Service on August 26, 2025. Posted in Public Companies.

ST. PETERSBURG, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) — The Marquie Group Inc. (“TMGI” or the “Company”) (OTCID:TMGI), today publicly announced via a Form 8-K filing with the U. S. Securities and Exchange Commission that the previously announced buy-sell stock agreement between the company’s Chief Executive Officer, Marc Angell, and Ryan O’Leary has been terminated. The parties were unable to finalize mutually acceptable terms. Marc Angell stated, “I wish Ryan continued success in his future endeavors and sincerely thank him for the time and effort he invested in exploring this opportunity.” Cautionary Disclosure About Forward-Looking Statements This press release may include forward-looking statements. These statements reflect the Company’s current expectations and assumptions regarding future events and involve...

Grocery Outlet Appoints Frank Kerr to Chief Store Operations Officer

Written by Customer Service on August 26, 2025. Posted in Public Companies.

EMERYVILLE, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet,” the “Company,” “we” or “our”), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, today announced the appointment of Frank Kerr to Executive Vice President, Chief Store Operations Officer, effective September 15, 2025. Mr. Kerr has more than a decade of progressive leadership experience in the grocery retail space, and has a strong track record of driving growth, efficiency, and profitability across large store fleets. He joins Grocery Outlet from Lidl US, where he most recently served as the company’s Senior Vice President, Operations, and its Chief Customer Officer. During his tenure with Lidl, he oversaw the grocer’s expansion...

Day: August 26, 2025

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