Month: August 2025
The leadership of Civinity, one of the largest groups in the Baltics providing building maintenance services and developing engineering and technology solutions, is undergoing a change. With CEO Virgeda Jackaitė going on maternity leave after more than two years at the helm, Tomas Staškūnas has been appointed Acting Chief Executive Officer.
Virgeda Jackaitė has led Civinity since May 29, 2023. She is temporarily stepping down from her position as CEO to take maternity leave. As of August 27, the role of Chief Executive Officer is assumed on an interim basis by Tomas Staškūnas, who until now has served as the Group’s Chief Financial Officer.
Tomas Staškūnas has more than 20 years of experience in finance, where he has held various leadership positions. For over twelve years, he headed the finance department of the Novaturas Group. Staškūnas...
IDEX Biometrics ASA: First half 2025 report
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IDEX Biometrics ASA’s first half 2025 report is attached to this notice.
Recent highlights:Operating expenses excluding Cost of materials and Depreciation in the first six months of 2025 amounted to $5.2 million (excluding restructuring cost) compared to $10.7 million for the same period in 2024, resulting in a cost reduction of 52%, year-over-year
At the end of the second quarter of 2025 the Company had 30 full-time equivalent staff members, a reduction of 10 full-time equivalents compared to previous quarter, and down from 59 on June 30, 2024. Resulted in a cost reduction in compensation and benefits of $1.9 million, 73%, compared to previous quarter, and a cost reduction of $4.1 million, 72%, year-over-year.
Heights convertible bond renegotiated and amendedOutstanding principal reduced from approx. NOK66.6 million to approx....
Vivoryon Therapeutics N.V. to Report H1 2025 Financial Results and Operational Progress on September 4, 2025
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Vivoryon Therapeutics N.V. to Report H1 2025 Financial Results and Operational Progress on September 4, 2025
Halle (Saale) / Munich, Germany, August 27, 2025 – Vivoryon Therapeutics N.V. (Euronext Amsterdam: VVY; NL00150002Q7) (Vivoryon), a clinical stage company developing small molecule medicines for inflammatory and fibrotic disorders, with a primary focus on kidney diseases, today announced that it will publish its half year financial results for the period ended June 30, 2025 and provide a corporate update on Thursday, September 4, 2025. The Company will host a conference call and webcast open to the public. The report will be available for download on the Company’s website (https://www.vivoryon.com/financial-information/).
Conference call detailsDate: September 4, 2025Time: 3:00 pm CEST / 9:00 am EDT
The conference call...
Idorsia successfully completes convertible bonds restructuring
Written by Customer Service on . Posted in Public Companies.
Ad hoc announcement pursuant to Art. 53 LR
Allschwil, Switzerland – August 27, 2025Idorsia Ltd (SIX: IDIA) settled the repurchase offer for its outstanding CHF 204* million convertible bonds maturing in 2025 (CB 2025; ISIN CH0426820350) and CHF 600 million convertible bonds maturing in 2028 (CB 2028; ISIN CH1128004079) launched on June 25, 2025 (the Repurchase Offer).
Bondholders accepted the Repurchase Offer for the CB 2025 with an aggregate nominal value of CHF 187,476,000, corresponding to 91.90% of the total issued nominal value of the CB 2025, and for the CB 2028 with an aggregate nominal value of CHF 567,200,000, corresponding to 94.53% of the total issued nominal value of the CB 2028.
The documentation in relation to the Repurchase Offer (the Repurchase Offer Documentation) can be found at the following link: www.idorsia.com/exchange-offer.
For...
Intra-Group Merger Finalised
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On 11 July 2025, Bigbank AS announced via a stock exchange notice the conclusion of intra-group merger agreement between Balti Võlgade Sissenõudmise Keskus OÜ (the company being acquired), a subsidiary of Bigbank AS, and OÜ Rüütli Property (the acquiring company), a subsidiary of OÜ Rüütli Majad which is a subsidiary of Bigbank AS.
Bigbank AS hereby announces that the merger was officially recorded in the Estonian commercial register on 26 August 2025. As a result, Balti Võlgade Sissenõudmise Keskus OÜ has been deleted from the commercial register as of 26 August 2025.
Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 31 July 2025, the bank’s total assets amounted to 3.1 billion euros, with equity of 284 million euros. Operating in nine countries, the bank...
Immuron partners with InvestorHub
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MELBOURNE, Australia, Aug. 26, 2025 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN) advises it has entered into a partnership with InvestorHub, a direct-to-investor engagement software company that provides public companies the digital capabilities to build direct and interactive relationships with investors.
In line with the Company’s commitments to better inform and engage with investors and stakeholders, we have launched our interactive investor hub – bringing content and communication into a single integrated platform. The Company will also be regularly uploading new content via the hub, including videos accompanying select announcements, educational material, interviews and corporate research.
Chief Executive Officer, Steven Lydeamore, commented: “With a number of near term milestones coming up, there has...
Junshi Biosciences Announces 2025 Interim Financial Results and Provides Corporate Updates
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SHANGHAI, Aug. 26, 2025 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its 2025 interim financial results and provided corporate updates.
FINANCIAL HIGHLIGHTSAs of June 30, 2025, the total revenue of Junshi Biosciences was approximately RMB1,168 million for the first half of 2025, representing an increase of approximately 49% compared to 2024, driven mainly by pharmaceutical sales. In particular, the domestic sales revenue of our core product, TUOYI® (toripalimab), reached approximately RMB954 million, an increase of approximately 42% from 2024.
Total research and development (“R&D”) expenses of the company were approximately...
Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended June 30, 2025
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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
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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
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– 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”)...
