Month: August 2025
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 . 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 . 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 . 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 . 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 . 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
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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...
Faraday Future Founder and Co-CEO YT Jia and Global President Jerry Wang Execute Stock Purchases Under 10b5-1 Plans, Highlighting “Stockholder First” Commitment
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Faraday Future Founder and Co-CEO YT Jia and Global President Jerry Wang Execute Stock Purchases Under 10b5-1 Plans, Highlighting “Stockholder First” CommitmentThe Company’s new FX Super One MPV.The executions underscore the personal commitments of YT Jia and Jerry Wang, reaffirming alignment with the “Stockholder First” principle.
Additional share purchases by FF leadership are planned under existing 10b5-1 plans.
FF recently launched “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, unveiling the “C10 Treasury” and the “C10 Index”. LOS ANGELES, Aug. 26, 2025 (GLOBE NEWSWIRE) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and...
Innospec and International Justice Mission (IJM) Enter Second Year of Partnership to Protect Palm Oil Workers in Indonesia
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ENGLEWOOD, Colo., Aug. 26, 2025 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP), a global leader in specialty chemicals, is pleased to announce that its Performance Chemicals business has entered the second year of its partnership with International Justice Mission (IJM), aimed at increasing protections for palm oil workers in Indonesia and advancing the fight against forced labor and human trafficking.
Launched in 2024, this partnership is driven by a shared commitment to uphold human rights and promote ethical labor practices. Over the past year, the collaboration has delivered significant progress in strengthening protections for vulnerable workers within the palm oil industry, including:Training of over 50 law enforcement and government officials on human rights and business practices
Promoting of the digital complaint system,...
River Valley Community Bank Expands Experienced Grass Valley Team with Return of Cheri Hall
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YUBA CITY, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC Markets: RVCB) is pleased to announce the return of Cheri Hall as Assistant Vice President and Relationship Manager for its Grass Valley market, strengthening the bank’s experienced team serving Nevada County businesses and residents.
Hall’s return represents River Valley Community Bank’s commitment to expanding its experienced team in Nevada County, providing an unparalleled banking experience with personalized attention, local decision-making, and focus on client success.
“I’m thrilled to be back with River Valley Community Bank and to serve the community that I’m so passionate about,” said Cheri Hall, Assistant Vice President Relationship Manager. “After working at larger institutions, I missed...
