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Month: August 2025

Viasat Comments on Letter from Carronade Capital Management

CARLSBAD, Calif., Aug. 01, 2025 (GLOBE NEWSWIRE) — Viasat, Inc. (NASDAQ:VSAT) (“Viasat” or “the Company”), a global leader in satellite communications, today issued the following statement in response to a letter from Carronade Capital Management. “Viasat consistently engages in dialogue with its shareholders and welcomes constructive input focused on maximizing shareholder value. As a leader in satellite infrastructure and connectivity, in-flight connectivity and critical military and government communication, Viasat is well-positioned to compete globally.  The Company’s Board of Directors and management team are committed to acting in the best interests of all shareholders. We are focused on executing Viasat’s strategy to strengthen our franchises’ earnings power, deliver sustainable, compelling operating and free cash...

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Greif to Close Steel and Polymer Facility in Merced, California

DELAWARE, Ohio, Aug. 01, 2025 (GLOBE NEWSWIRE) — Greif (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will permanently close the steel and polymer drum facility in Merced, California as part of its previously announced optimization efforts. The facility is expected to cease operation in September 2025. “Making the decision to close a facility is always difficult” said Greif President and CEO Ole Rosgaard. “I want to express my deep gratitude to our colleagues in Merced for their hard work over the years and the positive impact they’ve had on the company and surrounding community. We are committed to doing everything we can to make this transition as easy as possible, including providing severance packages and career placement services.” The decision to close the facility, which...

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NEXGEL Announces $950,000 Registered Direct Offering and Concurrent Private Placement

LANGHORNE, Pa., Aug. 01, 2025 (GLOBE NEWSWIRE) — NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of medical and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogels for healthcare and consumer applications, today announced it has entered into definitive agreements for the issuance and sale of an aggregate of 413,044 shares of its common stock (the “Shares”) at $2.30 a share. In a concurrent private placement, NEXGEL also agreed to issue to the investors in the registered direct offering unregistered warrants to purchase up to an aggregate of 206,522 shares of common stock (the “Unregistered Warrants”). The Unregistered Warrants will have an exercise price of $4.25 per share and are exercisable immediately upon issuance with a term of five years from the date of issuance. Adam...

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Oxford Square Capital Corp. Prices Public Offering of $65 Million 7.75% Notes Due 2030

GREENWICH, Conn., Aug. 01, 2025 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQG) (NasdaqGS: OXSQZ) (the “Company”) today announced that it has priced an underwritten public offering of $65 million in aggregate principal amount of 7.75% unsecured notes due 2030. The notes will mature on July 31, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after July 31, 2027. The notes will bear interest at a rate of 7.75% per year payable quarterly on January 31, April 30, July 31, and October 31 of each year, commencing October 31, 2025. The offering is expected to close on August 7, 2025, subject to customary closing conditions. The Company has granted the underwriters an option to purchase up to an additional $9.75 million in aggregate principal...

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SUTNTIB AB Tewox publishes its NAV for July 2025

Vilnius, Lithuania, Aug. 01, 2025 (GLOBE NEWSWIRE) — As at the end of July 2025, the net asset value (NAV) of SUTNTIB AB Tewox decreased to EUR 46,025,174, compared to the previously determined NAV of EUR 46,370,405 at the end of June 2025. The share price decreased to EUR 1.0994, from EUR 1.1077 at the end of June 2025. The pro-forma internal rate of return (IRR) increased to 4.09%, compared to previously announced IRR of 3.26% at the end of June 2025. IRR increased due to changes in accounting policy, which previously excluded payouts. Contact person for further information: Paulius Nevinskas Manager of the Investment Company paulius.nevinskas@lordslb.lt https://lordslb.lt/tewox_bonds/

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EHang Partners with Wanyi Tianxia to Complete Groundbreaking Long-Range UAV Cargo Flights in the Greater Bay Area with Intercity Round-Trip Between Zhuhai and Guangzhou

GUANGZHOU, China, Aug. 01, 2025 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that its VT20 series logistics electric vertical takeoff and landing aircraft (“eVTOL”) has successfully completed an intercity round trip cargo delivery flights between Zhuhai and Guangzhou, which is a groundbreaking long-range unmanned aerial vehicle (“UAV”) cargo flight route in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”). The one-way flight covered a distance of 83 kilometers and lasted approximately 55 minutes, significantly enhancing logistics efficiency between Guangzhou and Zhuhai, saving up to 40 minutes compared to road transport and over an hour during peak congestion.Image: EHang VT20 series pilotless...

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OrthoPediatrics Corp. Launches 3P™ Pediatric Plating Platform™ Hip System and Completes First Case

WARSAW, Ind., Aug. 01, 2025 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced the US launch and first surgical case of the new 3P™ Pediatric Plating Platform™ Hip System, used to treat proximal femur fractures and deformities. “The 3P Pediatric Plating Platform Hip System is an exceptional product that would not be possible without our remarkable design surgeons and development teams. By harnessing their insights and leveraging next-generation hardware, this system offers surgeons improved precision with additional fixation options. The demand being placed on implants continues to evolve, by addressing these new unmet needs while building upon this 3rd generation system will improve...

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Bridger Aerospace Announces Schedule for its Second Quarter 2025 Earnings Release and Conference Call

Announces Participation in Upcoming Canaccord Conference BELGRADE, Mont., Aug. 01, 2025 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it will release financial results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025, after the market close. Management will conduct an investor conference call on Thursday, August 7 at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and the business outlook. Interested parties can access the conference call by dialing 833-316-1983 or 785-838-9310. The conference call will also be broadcast live on the Investor Relations section of our website at https://ir.bridgeraerospace.com. An audio replay will be...

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Axis Wake Launches the 2026 T250, the Largest and Most Powerful Axis Ever Built

2026 Axis T250 on the WaterThe all-new Axis T250 cuts through the calm with bold style and unmatched performance—pictured here in Maya Blue Metallic with an upgraded tower and sleek, modern lines designed for wakeboarders, wakesurfers, and foilers alike.Crew-Ready. Power-Driven.The 2026 T250 delivers room for up to 18 and the performance to match. From idle to full throttle, it’s the boat built for crews who Go Big on fun and Go All Out from sun-up to sundown.Big Air Starts HereWhether you’re locked into a wakesurf session or just along for the ride, the T250’s original, uncompromised surf technology lets you Go Big. For wakeboarders, wakesurfers, and foilers who Go All Out, this is your ride.LOUDON, Tenn., Aug. 01, 2025 (GLOBE NEWSWIRE) — Axis Wake today announced the release of the all-new 2026 Axis...

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Orchestra BioMed Announces Pricing of $40 Million Public Offering

NEW HOPE, Pa., Aug. 01, 2025 (GLOBE NEWSWIRE) — Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO, “Orchestra BioMed” or the “Company”), a biomedical company accelerating high-impact technologies to patients through risk-reward sharing partnerships, announced today the pricing of an underwritten public offering of 9,413,637 shares of its common stock at a price to the public of $2.75 per share and, in lieu of common stock to certain investors, pre-funded warrants to purchase 5,136,363 shares of its common stock at a price to the public of $2.7499 per pre-funded warrant, which represents the per share public offering price for the shares of common stock less the $0.0001 per share exercise price for each pre-funded warrant (the “Offering”). In addition, the Company granted the underwriters a 30-day option to purchase up to an additional...

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