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Month: August 2025

Guggenheim Investments Announces August 2025 Closed-End Fund Distributions

NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date  August 15, 2025Ex-Dividend Date August 15, 2025Payable Date August 29, 2025   Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875†   Monthly         †...

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Boston Beer Company Announces CEO Transition

Founder, Brewer and Chairman of the Board Jim Koch to assume CEO role; Michael Spillane to remain on board of directorsJim KochBoston Beer Company Founder, Brewer and Chairman of the Board Jim Koch to assume the role of CEO effective August 15, 2025.Michael SpillaneMichael Spillane has decided to step down as CEO of Boston Beer Company, effective August 15, 2025, to focus on important personal matters. He will remain on the company’s board of directors, on which he has served since 2014, in the capacity of a non-executive director.Boston, Aug. 01, 2025 (GLOBE NEWSWIRE) — The Boston Beer Company (NYSE: SAM) today announced a leadership change effective August 15, 2025. Michael Spillane has decided to step down as CEO to focus on important personal matters. He will remain on the company’s board of directors,...

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MarketWise Declares Quarterly and Special Dividend Totaling $0.40 Per Class A Share; Announces Second Quarter 2025 Financial Results Release Date

BALTIMORE, Aug. 01, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.20 per share on July 31, 2025. An equivalent and proportionate distribution of $0.20 per unit has also been approved to holders of MarketWise, LLC units (the Class B common stock). The Company also announced a special dividend to shareholders of Class A common stock of $0.20 per share. The regular dividend, distribution, and the special dividend will be paid on September 25, 2025. The Record Date is August 15, 2025. The Company also announced...

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Smart Share Global Limited Enters into Definitive Merger Agreement for Going Private Transaction

SHANGHAI, Aug. 01, 2025 (GLOBE NEWSWIRE) — Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, announced today that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Mobile Charging Group Holdings Limited (“Parent”), Mobile Charging Investment Limited (“MidCo”), a wholly-owned subsidiary of Parent and Mobile Charging Merger Limited (“Merger Sub”), a wholly-owned subsidiary of MidCo. Pursuant to the Merger Agreement and subject to the terms and conditions thereof, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly-owned subsidiary of MidCo (the “Merger”), in a transaction implying an equity value of the Company of approximately...

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Tevogen CEO Affirms Strong Growth, Capital Position, and AI Expansion in Letter to Stockholders

WARREN, N.J., Aug. 01, 2025 (GLOBE NEWSWIRE) — Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), today released a letter to stockholders. Dear Fellow Stockholders, Tevogen has rapidly evolved from a biotechnology innovator into a dynamic enterprise expanding into artificial intelligence through Tevogen.AI. Our mission remains steadfast: delivering clinically impactful, economically accessible therapies by leveraging cutting-edge science and technology. Tevogen has become a recognized name for its business philosophy of social responsibility, patient affordability and cost efficiency. In under five years, we validated our proprietary ExacTcell™ platform, completed successful proof-of-concept clinical trial of the platforms first product, established drug discovery R&D center — currently in the process...

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Tevogen Bio to Accept $1 Million Additional Grant Funding for AI Expansion

Funds will support advancement of Tevogen.AI, the Company’s artificial intelligence–driven drug discovery initiative. The $1 million is part of up to $10 million in previously announced non‑dilutive grant funding from KRHP LLC.WARREN, N.J., Aug. 01, 2025 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen” or the “Company) (Nasdaq: TVGN), today announced that it expects to receive $1 million in grant funding to advance Tevogen.AI, its artificial intelligence–powered drug discovery and development program. The funding would be provided under the previously announced grant agreement with KRHP LLC, under which Tevogen received $2 million in January 2025 and may receive up to an additional $8 million, for an aggregate of $10 million in non-dilutive funding. KRHP LLC is affiliated with an existing Tevogen investor. The Company...

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Mandalay Obtains Final Order Approving Arrangement with Alkane

TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), pursuant to which Alkane Resources Limited (“Alkane”) will acquire all of the issued and outstanding common shares of Mandalay (“Mandalay Shares”). Under the Arrangement, shareholders of Mandalay will be entitled to receive, for each Mandalay Share held, 7.875 fully paid ordinary shares in the capital of Alkane. The receipt of the Final Order was the final substantive condition to closing the Arrangement. The Arrangement is expected to close on August 5, 2025. For Further Information Mandalay...

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PCS Edventures! Provides Share Buyback Update

MERIDIAN, Idaho, Aug. 01, 2025 (GLOBE NEWSWIRE) — PCS Edventures!, Inc. (“PCSV”), a leading provider of TK-12 Science, Technology, Engineering and Mathematics (“STEM”) education programs, today announced that it has repurchased 3,736,170 of its outstanding shares on the open market in the period from July 07, 2025, up to and including July 28, 2025. The shares were repurchased at an average price of $0.0991 for a total consideration of $370,430.26. These repurchases were made as part of the 10 million share buyback program announced on April 10, 2025. The total number of shares repurchased under this program to date is 4,132,979 shares, for a total consideration of $425,234.71, which includes one private transaction for 284,959 shares at $0.14 and one private transaction for 11,850 shares at $0.11. PCS Edventures!, Inc. intends...

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DeFi Development Corp. to Host X Spaces Event: “July 2025 Business Recap & AMA”

BOCA RATON, FL, Aug. 01, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) today announced it will host a live X Spaces conversation on Monday, August 4, 2025, at 1:30 p.m. Eastern Time, titled “July 2025 Business Recap & AMA.” The event will offer participants a detailed review of the Company’s recent business developments, key milestones, and strategic initiatives undertaken in July 2025. Additionally, the Company’s leadership team will host an interactive Ask-Me-Anything (AMA) session, providing investors and community members an opportunity to have their questions addressed. Participants can join the live event by visiting DeFi Development Corp.’s official X (formerly Twitter) account at the scheduled time. A recording of the conversation will be made available shortly after the event concludes. Join...

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