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Month: August 2025

Merit Medical Launches the Prelude Wave Hydrophilic Sheath Introducer with SnapFix Technology

Thin-wall design with superior insertion and unique sheath-securement solution to support successful radial access procedures and may aid in reducing arterial spasm and occlusion SOUTH JORDAN, Utah, Aug. 07, 2025 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced the US commercial release of the Prelude Wave™ Hydrophilic Sheath Introducer with SnapFix™ Securement Technology. The Prelude Wave is the latest innovation in Merit’s comprehensive Access portfolio, which includes a wide range of dilators, micro-access systems, sheath introducers, and guide sheaths. A low-profile, hydrophilic sheath with best-in-class insertion and sheath retention, the Prelude Wave with SnapFix technology is designed with features which may aid in the reduction of arterial...

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Saga Communications, Inc. Reports 2nd Quarter 2025 Results

GROSSE POINTE FARMS, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq – SGA) (the “Company” or “Saga”) today reported that net revenue decreased 5.0% to $28.2 million for the quarter ended June 30, 2025 compared to $29.7 million for the same period last year. Station operating expense decreased 4.6% for the quarter to $22.2 million compared to the same period last year. For the quarter, operating income was $1.4 million compared to $2.1 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased 6.4% to $6.0 million. Capital expenditures were $1.3 million for the quarter compared to $1.5 million for the same period last year. We had net income of $1.1 million for the quarter compared to net income of $2.5 million for the second quarter last year. Diluted...

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Alpha Pro Tech, Ltd. Announces Second Quarter 2025 Financial Results

Second Quarter Net Sales Increased 2.4% to $16.7 Million, Compared to $16.3 Million for the Second Quarter of 2024Net sales for the second quarter of 2025 were $16.7 million, up 2.4% compared to $16.3 million for the second quarter of 2024Building Supply segment sales increased by $1.1 million, or 11.5%, to $11.1 million, compared to $9.9 million for the three months ended June 30, 2024 Disposable Protective Apparel sales decreased by $760,000, or 12.0%, to $5.6 million, compared to $6.3 million for the same period of 2024Net income for the second quarter of 2025 was $1.2 million, or $0.12 per diluted share, compared to $1.6 million, or $0.15 per diluted share, for the second quarter of 2024 Cash of $14.5 million and working capital of $47.5 million with no debt as of June 30, 2025NOGALES, Ariz., Aug. 07, 2025 (GLOBE NEWSWIRE)...

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EdgeMode Signs Non-Binding Term Sheet for $4 Million Convertible Note to Support Infrastructure Development and Growth Strategy

FORT LAUDERDALE, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) — EdgeMode, Inc. (OTC: EDGM), a next-generation provider of high-performance, sustainable computing infrastructure, today announced it has signed a non-binding term sheet for a $4 million convertible note financing, subject to the execution of definitive agreements and closing. The anticipated capital will support the acquisition of Blackberry AIF as well as the development of EdgeMode’s recently acquired digital infrastructure sites in Sweden. This acquisition is expected to immediately increase the Company’s asset base by approximately $140 million. As these sites are brought online and connected to power, EdgeMode remains focused on achieving its target enterprise valuation of $1 billion. “This proposed financing is another step toward executing our long-term vision,” said...

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Stack Capital Group Inc. Closes Best Efforts Financing and Concurrent Non-Brokered Private Placement for Total Gross Proceeds of $35,000,000

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (the “Company”) (TSX:STCK & TSX:STCK.WT.A & TSX:STCK.WT.B) is pleased to announce that it has closed its previously announced “best efforts” private placement (the “LIFE Offering”) and concurrent non-brokered private placement (the “Concurrent Private Placement” and collectively , with the LIFE Offering, the “Offering”) for total gross proceeds to the Company of $35,000,000. The LIFE Offering was co-led by Canaccord Genuity Corp., Raymond James Ltd., RBC Capital Markets and TD Securities Inc., for and on behalf of a syndicate of agents including Scotia Capital Inc., Wellington-Altus Private...

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Tejon Ranch Co. Announces Second Quarter 2025 Financial Results

TEJON RANCH, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three and six-months ended June 30, 2025. “We saw positive momentum this quarter in our adjusted EBITDA and farming revenues, reflecting our focus on disciplined execution and highlighting the strength of our diversified platform,” said Matthew H. Walker, President and Chief Executive Officer. “While our GAAP results reflect the costs of the proxy contest, those were one-time events. Our focus remains on the long-term fundamentals and driving incremental earnings growth. At the Tejon Ranch Commerce Center, our core commercial and industrial assets continue to perform well. Terra Vista at Tejon has officially opened and is leasing...

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NeOnc Technologies Awarded $2.5 Million in NIH STTR Grants to Advance NEO212 in Gliomas and Leukemia

CALABASAS, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — NeOnc Technologies Holdings, Inc. (NASDAQ: NTHI), a multi–Phase 2 clinical-stage biotechnology company focused on breakthrough therapies for central nervous system (CNS) malignancies, today announced the award of two competitive NIH STTR (Small Business Technology Transfer) grants totaling $2.5 million. These non-dilutive funds will further advance development of the company’s proprietary therapeutic compound NEO212, which is currently completing its Phase 1 clinical trial.$400,000 Phase 1 STTR Grant (1R41CA27179-01A1): Supports preclinical feasibility studies of NEO212 in acute myelogenous leukemia (AML). Dr. Thomas Chen serves as NeOnc’s Principal Investigator (PI), with Dr. Axel H. Schönthal leading the academic research effort at USC’s Glioma Research Group. $2.1 Million...

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Globex Strengthens Its Management Team

ROUYN-NORANDA, Québec, Aug. 07, 2025 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that effective immediately Jack Stoch has assumed the position of Executive Chairman and Chief Executive Officer of Globex in order to facilitate the appointment of David Christie as President and Chief Operating Officer. David Christie has assumed the new executive positions at Globex in order to help carry Globex to the next level after having completed a seven (7) month contract as Vice President Corporate Development therein familiarizing himself with the many and varied aspects of the...

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Sprout Social Expands Salesforce Collaboration to Revolutionize Social Customer Care

New Digital Engagement integration brings Instagram, LinkedIn, X, Facebook Messenger, and WhatsApp* into Salesforce to scale faster, smarter customer experiences on social. This integration helps brands streamline social customer care, unify social and CRM data for a 360-degree view of their customers, and deliver consistent, high-quality experiences across all channels.CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced an expanded relationship with Salesforce, as the first social media management platform to build a connection with Salesforce Digital Engagement using their Bring Your Own Channel architecture. In collaboration with Salesforce, Sprout Social will bring social channels—Instagram, LinkedIn, X, Facebook...

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Edible Garden Schedules Second Quarter 2025 Financial Results and Business Update Conference Call

BELVIDERE, NJ, Aug. 07, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, better-for-you, sustainable produce and products, announced today that it will host a conference call on Thursday, August 14, 2025, at 8:00 AM Eastern Time to discuss financial results for the 2025 second quarter and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers and entering access code 639542. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2914/52816 or on the investor relations section of the company’s website, https://ediblegardenag.com/presentations/. A...

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