Day: September 10, 2025

Companies Launch Integrated Operations at RE+ 2025 SAN DIEGO, Sept. 10, 2025 (GLOBE NEWSWIRE) — NeoVolta Inc. (NASDAQ: NEOV) has signed a letter of intent to acquire strategic assets of Neubau Energy, positioning the combined entity to capture significant share of the rapidly expanding residential energy storage market while avoiding anticipated 2026 battery import tariffs that could exceed 28%. The companies are already demonstrating their integrated platform this week at RE+ 2025 (Booth V12313), and NeoVolta’s sales team is actively taking orders for Neubau’s revolutionary 30-minute installation systems under the NeoVolta brand. Strategic Rationale and Market Opportunity “This transaction fundamentally transforms NeoVolta’s competitive position,” said Ardes Johnson, Chief Executive Officer of NeoVolta....

Ticker GLND Reserved (Pelican currently trades under PELI on NASDAQ) $215 Million Implied Valuation for up to 70% ownership. Closing Expected 4th Quarter.NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) — Pelican Acquisition Corporation (NASDAQ: PELI) (“Pelican”), a publicly listed special purpose acquisition company, today announced the signing of a definitive Agreement and Plan of Merger with Greenland Exploration Limited (“Greenland Exploration”) and March GL Company (“March GL”). Upon the closing of the transaction, the combined company will operate under the name Greenland Energy Company and is expected to be listed on the NASDAQ Stock Market under the ticker symbol “GLND.” The Jameson Land Basin in East Greenland has been the focus of extensive exploration and research for decades. ARCO, shortly after its discovery of the giant...

BEIJING, Sept. 10, 2025 (GLOBE NEWSWIRE) — Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the signing of a term sheet with XINGCAN, a leading Chinese AI education innovation company. Kaixin plans to issue new shares to acquire a 55% stake in XINGCAN. The transaction marks the in-depth collaboration between the two parties, focusing on the global development of the “AI + Education + Live Streaming” ecosystem and accelerating the intelligent upgrade of the education industry. XINGCAN has established a leading position in AI education, with a focus on the deep integration of “live streaming + education.” The business model furnishes both a high-frequency entry point for users to acquire knowledge and a central hub in the closed loop of educational services. XINGCAN has built a full-chain...

Vimeo stockholders to receive $7.85 per share in cashBending Spoons reinforces its commitment to innovation in the video platform market NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) — Vimeo, Inc. (NASDAQ: VMEO), a leading video platform for business, today announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $1.38 billion. Under the terms of the agreement, Vimeo shareholders will receive $7.85 per share in cash for each share of Vimeo capital stock that they own. The per-share purchase price represents a 91% premium over Vimeo’s 60-day volume-weighted average share price as of market close on September 9, 2025. “After a disciplined review of strategic alternatives, the Board unanimously determined that this all-cash transaction delivers compelling,...

Deal combines industry expertise and innovation to help heavy equipment dealers accelerate growth across multiple channels CARY, N.C., Sept. 10, 2025 (GLOBE NEWSWIRE) — VitalEdge Technologies, a leading provider of heavy equipment dealer management solutions, today announced the acquisition of Integrated Rental, the industry’s most advanced rental platform. This strategic partnership solidifies VitalEdge’s position as provider of best-of-breed solutions across every major phase of operations for heavy equipment dealers. As a result of macroeconomic trends, rental is one of the fastest growing segments of the equipment industry today. The VitalEdge and Integrated Rental combination supports dealers to capitalize on this trend, allowing them to deliver customers a best-in-class rental experience while maintaining full integration...

High-Growth Neighborhood Sandwich Shop Concept to be Acquired by Leading Convenience Retailer for $17.12 per share CHICAGO, Sept. 10, 2025 (GLOBE NEWSWIRE) — Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, announced today that Potbelly and RaceTrac, Inc. (“RaceTrac”), one of the largest privately held companies in the United States and a leading convenience retailer, have entered into a definitive merger agreement pursuant to which RaceTrac will commence a tender offer to acquire all of the outstanding shares of Potbelly for $17.12 per share, in an all-cash transaction with an equity value of approximately $566 million. The acquisition is expected to close in the fourth quarter of 2025, subject to the satisfaction of customary closing conditions and regulatory approvals. Strategic...