Month: August 2025

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor UpdateFaraday Future Founder and Co-CEO YT Jia Shares Weekly Investor UpdateThe FX Super One co-creation and sales campaign will officially kick off across eight U.S. states this week. Over the next weekend, FX will make a short trip to the Nevada desert, bringing FX Super One to Burning Man, where the Company will plan to announce an important update while there.LOS ANGELES, Aug. 24, 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 shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF. “This is our 17th weekly update. Many of you have asked whether our “Dual Flywheel &...

GUANGZHOU, China, Aug. 25, 2025 (GLOBE NEWSWIRE) — XPENG Motors (“XPENG” or the “Company”; NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, announced that starting August 25, it will roll out the global OTA upgrade of XOS 5.8.0. This update is far more than a routine enhancement, it represents a thoughtfully localized, insight-driven integration of XPENG’s core strengths in intelligent driving and smart cabin technologies, delivering a truly elevated experience for our users worldwide. Continuing the Strengths in Smart Innovation Building on a legacy of intelligent innovation, XPENG remains dedicated to placing user experience at the heart of its operations. With XOS 5.8.0, the third major OTA release of 2025 following the widely acclaimed versions XOS 5.4.5 in January and XOS 5.6.0...

TOKYO, Aug. 24, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business (NASDAQ: WTW), today announced a significant expansion of its Japanese Corporate Risk & Broking team, signaling its strengthened commitment to the dynamic and evolving Japanese market. This talent expansion enhances Willis’ ability to meet rising demand from companies in Japan through deepened industry expertise, as well as providing insights, data and analytics to inform and better manage both insurance transactions and wider risk management for its clients. Commenting on the growth of the team, Ryohei (Roy) Nakazawa, Head of WTW in Japan, said: “Japan is one of the world’s largest insurance markets and we are proud to be scaling up to drive better client outcomes. By bringing the best talent and building up our specialty capabilities, we are positioning ourselves...

HONG KONG and SHANGHAI and FLORHAM PARK, N.J, Aug. 25, 2025 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) today announces that Dr Weiguo Su, an Executive Director of the Company, will take a leave of absence from his duties as Chief Executive Officer due to health reasons. In light of this, the Board of Directors has appointed Mr Johnny Cheng, an Executive Director and Chief Financial Officer of the Company, as Acting Chief Executive Officer with immediate effect, in addition to his role as Chief Financial Officer. Dr Dan Eldar, Chairman and Non-executive Director, said, “The Board expresses its full support for Dr Su and wishes him a speedy recovery. We thank Mr Cheng for his agreement to assume responsibility for overseeing the day-to-day operations and management of the Company during this...

Reference is made to IDEX Biometrics ASA’s disclosure on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches. IDEX discloses the following information on behalf of primary insiders. In tranche 2 of the private placement, including underwriting shares, 4,813, 857 total shares.Pinchcliffe AS, a company closely related to CEO and CFO Anders Storbråten, subscribed to 469,255 shares, ISIN NO0013536078, at NOK 3.30 per share, and Anders Storbråten, CEO and CFO, subscribed to 703,883 shares, ISIN NO0013536078, at NOK 3.30 per share. After the subscription by Pinchcliffe and Anders Storbråten, Mr. Storbråten and close relations hold 7,195,898 or 13,81% shares of the total outstanding shares and votes in IDEX Biometrics after completion of Tranche 2.K-konsult AS, a company closely related...

VANCOUVER, British Columbia, Aug. 22, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce the completion of its first phase of field exploration activities on the Surprise Creek Uranium-Copper Project (the “Project”), located in a prospective region known for its mineral potential northwest of the Athabasca Basin. The Company entered into an option agreement (the “Option Agreement”) with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in the Project. Please refer to the Company’s news release dated June 4, 2025, and June 16, 2025, as filed under the Company’s SEDAR+ profile, for further details regarding the Option Agreement. The field program at Surprise Creek included surface prospecting activities and detailed rock sampling,...

VANCOUVER, BRITISH COLUMBIA, Aug. 22, 2025 (GLOBE NEWSWIRE) — METALSOURCE MINING INC. (the “Company” or “Metalsource“) (CSE: “MSM”) announces that it has entered into a loan agreement with an arm’s-length third party (the “Lender”) pursuant to which the Company shall borrow from the Lender $50,000 at a 5% per annum interest rate. In addition, the Company shall issue the Lender 25,000 warrants, exercisable at $0.20 per share for a term of 2 years. About Metalsource Mining The Company is engaged in acquisition, exploration and development of mineral property assets. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Aruba Property. The Aruba Property is located in the Kalahari Desert region of Botswana, covering 4,663 square...

LAGUNA HILLS, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) — Elite Express Holding Inc. (ETS), a California-based provider of last-mile delivery services, today announced the closing of its previously announced initial public offering of 3,800,000 shares of Class A common stock. Each share of Class A common stock was sold at an offering price of $4.00 for gross proceeds of approximately $15.2 million, before deducting underwriting discounts and offering expenses. In addition, ETS has granted the underwriters a 45-day option to purchase up to an additional 570,000 shares of Class A common stock at the initial public offering price. The shares of Class A common stock began trading on The Nasdaq Capital Market on August 21, 2025 under the ticker symbol “ETS.” Dominari Securities LLC is acting as the representative of the underwriters for...

Acquires ETH as part of financial strategyTOKYO, Aug. 22, 2025 (GLOBE NEWSWIRE) — MEDIROM Healthcare Technologies Inc. (Headquarters: Minato-ku, Tokyo; CEO: Kouji Eguchi; NASDAQ: MRM) (the “Company”, “we” or “us”), which operates a diversified healthcare business, announced its participation in “World,” a “proof of human” protocol co-founded by Sam Altman and Alex Blania. The purpose of this project is to build a new digital infrastructure that will enable “proof of humanness” in the age of AI. As part of this project, we intend to install the World ID authentication device, the “Orb”, in approximately 100 of our Re.Ra.Ku, relaxation salons. Our goal is to provide access to a verified World ID to a network of up to 500,000 individuals. In addition, those who verify their World ID can choose to claim the...