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Month: August 2025

Danish FSA approves the application for an expansion of Alm. Brand A/S’ Partial Internal Model

The approval of the Partial Internal Model is expected to reduce the solvency capital requirement for Alm. Brand A/S with about DKK 0.6 billion Today the Danish FSA has approved the application for the use of the Partial Internal Model (PIM) for Alm. Brand A/S’ total insurance activities. The Partial Internal Model is a group-wide internal model. The expansion includes the insurance activities originating from Codan, which was acquired on 2 May 2022. The solvency capital requirement for the acquired activities was, until today, calculated using the standard formula under the Solvency II regulation. The Danish FSA’s approval is expected to result in a reduction in the solvency capital requirement for Alm. Brand A/S with about DKK 0.6 billion. The outcome is close to the expectation of a reduction in the capital requirement by...

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LPL Financial Welcomes Skyward Financial

SAN DIEGO, Aug. 26, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that the advisors of Skyward Financial have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) platform. They reported serving approximately $700 million in advisory, brokerage and retirement plan assets* and join LPL from Wedbush Securities. Based in Houston, Skyward Financial was founded and is led by Matthew Houston, Lynn Houston and Ross Stripling. The team of six advisors have over 200 years of combined experience and takes a collaborative approach to helping clients establish their financial plans. They believe that educating, guiding and understanding their clients leads to their vision of achieving greater financial freedom. Most of their clients are business owners and retirees, but they also work with Major League Baseball...

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Trump Media Group CRO Strategy to Acquire $6.42 Billion for CRO Digital Asset Treasury

Business Combination with Yorkville Acquisition Corp. (NASDAQ: YORK) WEST PALM BEACH, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) — Yorkville Acquisition Corp. (Nasdaq: YORK), Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media”) and Crypto.com today announced they have entered into a definitive agreement for a business combination (the “Business Combination”) to establish Trump Media Group CRO Strategy, Inc., a digital asset treasury company focused on acquisition of the native cryptocurrency token of the Cronos ecosystem (“CRO”). Yorkville Acquisition Corp. is a special purpose acquisition company (SPAC) sponsored by Yorkville Acquisition Sponsor LLC (“Yorkville”). At the close of the Business Combination, Trump Media Group CRO Strategy will be majority-owned by Yorkville, Trump Media, and Crypto.com, together...

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BNC Expands Holdings to over 350,000 BNB, Cementing Its Role as the World’s Largest BNB Treasury

New York, Aug. 26, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (Nasdaq: BNC), today announced another major milestone in its treasury strategy, with total holdings now reaching over 350,000 BNB, an increase of over 150,000 tokens from the initial purchase of 200,000, further solidifying its position as the world’s largest BNB treasury. This achievement underscores BNC’s conviction in the long-term growth and adoption of the BNB ecosystem. By expanding its holdings to this scale, BNC not only strengthens its balance sheet but also reinforces its commitment to supporting the BNB Chain and driving broader blockchain innovation. “Reaching over 350,000 BNB in our treasury is a powerful statement about where we see the future heading,” said David Namdar, CEO of BNC. “We believe BNB has proven itself to be a cornerstone of the crypto...

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Primech Holdings Wins $19.6 Million Multi-Year Contract

SINGAPORE, Aug. 26, 2025 (GLOBE NEWSWIRE) — Primech Holdings Limited (Nasdaq: PMEC), today announced that its subsidiary, Primech A&P (the “Company”), an established technology-driven facility services provider in the public and private sectors in Singapore, has secured a multi-year cleaning services contract with a leading polytechnic in Singapore, valued at S$25,196,581.00 (approximately US$19.6 million), making this one of the Company’s most material wins to date. Under the contract, Primech A&P will deploy the HYTRON, an AI-powered autonomous  bathroom cleaning robot specially developed by Primech AI Pte. Ltd., with other advanced robotics and comprehensive cleaning solutions to elevate overall hygiene standards and facility management efficiency for the educational institution. Ken Chang, Head of Operations...

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Trump Media, Crypto.com Announce Strategic Partnership

Cronos (CRO) Cryptocurrencyand Crypto.com Digital Wallet Infrastructure to be Integrated on Trump Media Platforms New Partnership Follows Launch of CRO Digital Asset Treasury SARASOTA, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) — Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media”), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today it has signed a mutual cooperation agreement and a purchase agreement creating a strategic partnership with Crypto.com. According to the mutual cooperation agreement, Trump Media will introduce a rewards system on the Truth Social and Truth+ platforms that uses the Crypto.com digital wallet infrastructure and that adopts the Cronos (CRO) digital currency as a utility token. Cronos is a high...

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Reborn Coffee to Pilot In-Store Crypto & Stablecoin ATM at Southern California Retail Location

Third Step in Digital Asset Strategy to Explore Customer Access to Crypto and Select Stablecoins in Retail Setting BREA, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) — Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee market, today announced that it intends to pilot a digital asset ATM at one of its flagship Southern California stores as part of its ongoing digital asset strategy. The ATM is expected to support transactions in Bitcoin and select U.S. dollar–pegged stablecoins such as USD Coin (USDC), subject to applicable laws and regulations. The digital asset ATM will be installed and operated by a licensed third-party provider and is expected to allow customers to purchase or sell supported digital assets during regular store hours. By introducing this service in a retail environment, Reborn aims to evaluate customer...

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Lakeland Fire + Safety to Host Fiscal Second Quarter 2026 Financial Results Conference Call on Tuesday, September 9, 2025 at 4:30 p.m. Eastern Time

HUNTSVILLE, Ala., Aug. 26, 2025 (GLOBE NEWSWIRE) — Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, will host a conference call on Tuesday, September 9, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal second quarter 2026 ended July 31, 2025. A press release detailing these results will be issued prior to the call. Lakeland President, Chief Executive Officer and Executive Chairman Jim Jenkins, and Chief Financial Officer Roger Shannon will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the...

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Volaris Group Acquires Sportsground Ltd, Expanding into Sports Management

HAWKES BAY, New Zealand, Aug. 26, 2025 (GLOBE NEWSWIRE) — Volaris Group today announced the acquisition of Sportsground Ltd, a New Zealand-based software company focused on community and school sports management. Founded in 2008, Sportsground Ltd offers a portfolio of software solutions, including Sporty.co.nz and Schoolground.co.nz. Thousands of players, parents, volunteers, coaches and officials use their applications on a daily basis. Sporty has been chosen by many major sports codes in New Zealand as the preferred platform for online registrations, payments, and member management. It includes a drag & drop website builder, eNewsletter service, and a suite of mobile apps for live scoring and communication purposes. Many New Zealand schools also use the platform for their website, eNewsletters, and alumni management. “Sporty...

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FLUENT Reports Second Quarter 2025 Results

– Rosa cultivation facility’s first harvest is largest in FLUENT history – Buffalo cultivation facility commences operations with exclusive partnership with Connected Cannabis – New Interim CEO appointed to lead strategic and operational pivot TAMPA, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) —  FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a vertically-integrated, multi-state cannabis company, today announced its financial and operating results for the second quarter ended June 30, 2025. Unless otherwise indicated, all financial results are presented in U.S. dollars. Management Commentary “While Q2 results fell below expectations, just a few weeks into my role as Interim CEO I have been deeply impressed by the energy and focus of our entire team as we drive a strategic...

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