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Month: August 2025

Volatus Aerospace Inc. Announces Closing of Quebec Led Institutional “Bought Deal” Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that it has completed its previously announced bought deal private placement offering of securities, including the exercise in full of the Underwriter’s (as defined below) over-allotment option, of a total of 9,288,462 units of the Company (the “Offered Securities”) at a price of $0.52 per Offered Security for gross proceeds of $4,830,000 (the “Offering”). The Offering was led by institutional investors in Quebec, with strong participation from additional institutional investors across Canada, underscoring the broad confidence in Volatus’ strategy and growth potential.The Offering...

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XBP Global Holdings, Inc. Reports Second Quarter 2025 Results

Second Quarter 2025 HighlightsXBP Europe Holdings, Inc. (“XBP Europe”) completed the acquisition of Exela Technologies BPA, LLC (“BPA”) and changed its name to XBP Global Holdings, Inc.      Revenue of $39.6 million, an increase of 17.8% year-over-year and 5.2% sequentially Gross margin of 29.8%, a 1,020 bps increase year-over-year and 30 bps decrease sequentially Adjusted EBITDA of $3.3 million, an increase of 173.8% year-over-year and decrease of 11.2% sequentiallyIRVING, Texas and LONDON, Aug. 14, 2025 (GLOBE NEWSWIRE) — XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a multinational leader in business process automation and integration of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the...

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Kartoon Studios Delivers Fifth Consecutive Quarter of Revenue Growth; Q2 Revenue Surges 23% Year-Over-Year, Including Strong Streaming Performance and Operational Efficiency

G&A Expenses Fall Double Digits as Company Moves Toward Profitability in 2025 Kartoon Channel Streaming Service is Top Rated Children’s Streaming App in Apple App Store; FAST Views Jump 221% Year-Over-Year Kartoon Channel SVOD Grows for 7th Consecutive Month; Wins Amazon Operational Excellence Award Mainframe Studios Revenue Climbs 44% Year-Over-Year First Showing of ‘Hundred Acre Wood/Winnie & Friends’ Set for December 24, 2025 BEVERLY HILLS, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) — Kartoon Studios (NYSE American: TOON) today reported its fifth consecutive quarter of revenue growth, with Q2 revenue up 23% year-over-year, streaming viewership soaring triple digits, and double-digit cost reductions continue to move the Company towards profitability by year-end 2025. Q2 2025 Financial Highlights:Total Revenue: $10.3M,...

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Trinity Biotech Receives Regulatory Approval to Begin FDA-Cleared PreClara™ Preeclampsia Testing Service

New York State Department of Health (NYSDOH) clinical laboratory permit facilitates Q3 2025 launch of the FDA-cleared PreClara™ Ratio (sFlt-1/PlGF) biomarker test for hypertensive disorders of pregnancy DUBLIN, Aug. 14, 2025 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced that this week its New York, reference laboratory has received regulatory approval from the New York State Department of Health (NYSDOH) to begin providing the FDA-cleared PreClara™ Ratio (sFlt-1/PlGF) biomarker test for preeclampsia risk assessment. The service is planned to be rolled out in Q3 2025. This approval marks a significant milestone in Trinity Biotech’s maternal health strategy...

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Rogers enters into definitive agreement to sell portfolio of data centres

Rogers will continue to sell connectivity and data centre services into the facilities Proceeds will be used to pay down debt TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has entered into a definitive agreement with InfraRed Capital Partners to sell its portfolio of nine Rogers Business data centres. Rogers will continue to sell data centre services on behalf of InfraRed and will provide network connectivity to the data centres. InfraRed is part of Sun Life, a leading Canadian-based financial services company, and is an experienced digital infrastructure owner. Both organizations will work to ensure a seamless transition for Rogers Business customers. The transaction is part of Rogers planned sale of real estate and non-core assets. Rogers intends to use...

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Norsk Hydro: Hydro cuts costs and carries out strategic workforce adjustment

To strengthen its long-term resilience, Hydro has decided to initiate a process aiming to cut annual costs by NOK 1 billion, including reducing the overall workforce by 750 positions. Hydro is implementing measures to cut annual costs and align its organizational structure in accordance with strategic goals and changing business requirements. When completed, these measures, including reducing the overall workforce and initiatives to reduce travel costs and consultancy costs, are expected to provide an annual cost reduction of NOK 1 billion. This measure comes in addition to the already communicated improvement program and reduction in the capex estimate for 2025 from NOK 15 billion to NOK 13.5 billion. “By taking this step now, rather than later, we strengthen Hydro’s resilience and position ourselves to compete and succeed in a...

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Invitation to the presentation of ALK’s first six months (Q2) 2025 results on Thursday, 21 August 2025

ALK (ALKB.DC / OMX: ALK B) will publish its results for the first six months of 2025 in the morning on Thursday, 21 August 2025. Later on the same day, the company will host a presentation for investors and analysts at 1:30 p.m. CEST, where ALK’s management will comment on the results for the first six months and the outlook and be available for questions. ALK will be represented by Peter Halling, President & CEO, Claus Steensen Sølje, CFO and Per Plotnikof, VP, Head of IR.  Live audio webcast The meeting will be audio webcasted live and be available for replay on ALK’s website. Conference call If you wish to participate via telephone, please register for the conference call by using this link: Registration – ALK H1(Q2) 2025 – telephone conference and follow the instructions. You will receive an email from diamondpass@choruscall.com...

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AIM ImmunoTech to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech

Live video webcast on Wednesday, August 20th at 2:40 PM ET OCALA, Fla., Aug. 14, 2025 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM” or the “Company”), today announced that it will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech being held virtually August 19-21, 2025. Details for the presentation are as follows: Date and Time: Wednesday, August 20, 2025 at 2:40 PM ET Presenter: Thomas Equels, Chief Executive Officer, President & Executive Vice ChairmanRegistration Link: Webull Webinars About Webull Financial Webull Financial is a leading online brokerage platform committed to empowering self-directed investors with innovative tools and cutting-edge technology. With low-cost trading on a wide range of assets, advanced charting tools, and real-time market data, Webull is...

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Enovix Appoints Veteran Semiconductor Leader J. Daniel “Dan” McCranie to its Board of Directors

FREMONT, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced the appointment of J. Daniel “Dan” McCranie to its Board of Directors (the “Board”), effective August 12, 2025. This appointment expands the Board to eight directors, six of whom are independent. McCranie brings more than three decades of public-company board governance and operating leadership across the semiconductor and technology sectors. He served as Chairman of the Board of onsemi after joining its Board in 2001 and his election to Chairman in 2002, guiding the company through strategic realignment and multiple board refreshes. He has also served as Non-Executive Chairman of Freescale Semiconductor and held chair and director roles at 10 technology...

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BNC Acquires 88,888 Additional BNB, Targets Ownership of 1% of Total Supply.

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) — BNB Network Company (Nasdaq: BNC), the treasury management business of CEA Industries Inc., today announced the purchase of an additional 88,888 BNB, reinforcing its position as the largest corporate holder of BNB tokens in the world. Following this week’s earlier acquisition of 200,000 BNB tokens, this acquisition marks another major step toward the company’s publicly stated goal of owning 1% of BNB’s total supply by the end of 2025 – a target that would cement BNC as one of the most influential participants in the asset’s global market. BNB, the native token of BNB Chain – the #1 blockchain by daily active addresses and decentralized trading volume – offers a deflationary supply model, deep DeFi adoption, and one of the fastest-growing developer and user bases in the...

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