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Day: September 12, 2025

AlphaVest Acquisition Corp Files Supplement to Proxy Materials Clarifying Redemption Procedures Related to its Business Combination and Extraordinary General Meeting

New York, New York, Sept. 12, 2025 (GLOBE NEWSWIRE) — AlphaVest Acquisition Corp (the “Company”) today filed a supplement (the “Proxy Supplement”) to its proxy statement dated September 2, 2025, related to its Extraordinary General Meeting to be held on September 19, 2025 (the “Extension Meeting”), at which shareholders will be able to consider and vote on a proposal to extend the time to complete the business combination (the “Extension”). The Proxy Supplement clarified certain procedures related to shareholders wishing to redeem their ordinary shares in connection with the Extension Meeting and/or the Company’s business combination by and among the Company, AV Merger Sub Inc, and AMC Corporation (the “Business Combination”). If you submitted public shares for redemption in connection with the extraordinary general meeting to...

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Avicanna Announces Change in CFO

TORONTO, Sept. 12, 2025 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialisation of plant-derived cannabinoid-based products, is pleased to announce Nick Hilborn, CPA, CA, Vice President of Finance, is appointed Interim Chief Financial Officer, following Phillip Cardella, CPA, CA, transition to consultant effective Monday, September 15, 2025. “We thank Phil for his contributions to the Company during our most transformational years and wish him well as he takes on a leadership role with his family’s businesses,” stated Aras Azadian, Chief Executive Officer. Mr. Azadian further stated, “Nick has held roles of progressively increasing responsibility since he joined us in 2024 and is familiar with...

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AYR Wellness Announces Filing of Q1 2025 Interim Financial Statements and MD&A

MIAMI, Sept. 12, 2025 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today announces that it has filed its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2025, together with the related Management’s Discussion and Analysis (“MD&A”).‎ The Q1 2025 interim financial statements and MD&A are now available for review under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the U.S. Securities and Exchange Commission’s EDGAR system at www.sec.gov. These documents should be read in conjunction with Ayr’s most recent audited annual financial statements and accompanying notes. Shareholders and interested parties are encouraged to review the filed materials in...

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ArrowMark Financial Corp. Announces Q2 Results and Special Distribution of $0.40 and Regular Cash Distribution of $0.45 per Share for the Third Quarter 2025

DENVER, Sept. 12, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.40 per share generated from excess income, and a regular quarterly cash distribution of $0.45 per share for the third quarter 2025. The quarterly distribution will be payable on September 29, 2025 to shareholders of record on September 22, 2025. The special distribution will be payable on December 10, 2025, to shareholders of record on December 3, 2025. “We are very pleased to announce a special income distribution of $0.40 per share along with the regular Q3 quarterly distribution of $0.45. We believe these distributions reflect the...

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MBody AI and Check-Cap Enter into Definitive Merger Agreement

Merger to Create Combined Company Focused on Embodied AI for the Autonomous Workforce ISFIYA, ISRAEL, Sept. 12, 2025 (GLOBE NEWSWIRE) — MBody AI (“MBody AI”) and Check-Cap Ltd. (“Check-Cap” or the “Company”) (NASDAQ: CHEK) today announced that they have entered into a definitive Agreement and Plan of Merger (the “Merger”). If the Merger is approved by Check-Cap shareholders, it will create a combined company focused on embodied AI for the autonomous workforce. Check-Cap’s legacy business will continue its research and development activities as part of the combined company. MBody AI is a market-leading artificial intelligence (“AI”) company redefining the future of work through embodied AI. Morgan Stanley recently forecasted the embodied-AI market to reach $40 Trillion by 2050 and contribute more than $16 Trillion in additional...

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Ascot Provides Update on Listing

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Sept. 12, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQB: AOTVF) (“Ascot” or the “Company”) has received a letter from the Continued Listing Committee (“Committee“) of the Toronto Stock Exchange (“TSX“) stating that the Committee has determined to delist the Company’s common shares effective at the close of market on October 10, 2025 (the “Delisting Date“) for failing to meet the continued listing requirements of the TSX. On April 10, 2025, the Company announced that the TSX had commenced a delisting review and that it could provide no assurance as to the outcome of such review and the continued qualification for listing of the common shares. The Company intends...

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IHT FISCAL FIRST HALF HOTEL REVENUES EXCEED $4 MILLION; IBC DIVERSIFICATION CONTINUES REVITALIZATION

Phoenix, AZ, Sept. 12, 2025 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $4 million once again in the First Fiscal Half of 2026, (February 1, 2025, to July 31, 2025), with Total Revenue of approximately $4,004,635. Consolidated Net Income before the non-cash expense of depreciation and the non-cash Best Western Rewards Guest Vouchers expense, was approximately $75,000 for the 2026 First Fiscal Half ended July 31, 2025 (February 1, 2025, through July 31, 2025). IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025, and are contributing to a solid start in the current 2026 Fiscal Year. Combined Hotel August Revenue for both hotels was an August record of $547,571, which has led to a solid Hotel Revenue total of $4,552,206 for the first seven...

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Enovix Korea Named 2025 Best Workplace for Job Creation in Korea by Ministry of Employment and Labor

Award CeremonyLeft: Kim Young-hoon, Minister of Employment and Labor of the Republic of Korea; Right: KiHong Park, Vice President of Enovix Korea OperationsFREMONT, Calif., Sept. 12, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a leader in advanced silicon battery technology, announced today that Enovix Korea has been honored with the prestigious 2025 Best Workplaces of Korea for Job Creation award by the Ministry of Employment and Labor. This national certificate recognizes exemplary companies in quality job creation following comprehensive evaluations of workplace practices and company culture. Each year, only 100 companies nationwide are selected for this honor. Enovix Korea was selected for its outstanding employee-focused policies, including performance-based profit-sharing compensation,...

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Sunrun Prices $510 million Securitization, Surpassing $1.5 billion of Non-Recourse Debt Capital Raised in the Third Quarter

SAN FRANCISCO, Sept. 12, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), America’s largest provider of residential battery storage, solar, and home-to-grid power plants, today announced it has priced a securitization of leases and power purchase agreements. The securitization is Sunrun’s fifteenth securitization since 2015 and fifth issuance in 2025. “Sunrun continues to show deep capital markets access, leveraging its strong relationships with both public and private investor groups,” said Danny Abajian, Sunrun’s Chief Financial Officer. “Inclusive of this transaction and a privately placed securitization in August, Sunrun will have raised more than $1.5 billion in senior and subordinated non-recourse debt financings in Q3, and we look forward to continuing to utilize our diverse financing channels to fuel profitable growth.” The...

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Telesat announces equity distribution of Telesat Lightspeed business

OTTAWA, Ontario, Sept. 12, 2025 (GLOBE NEWSWIRE) — Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has completed the distribution of 62% of the equity of its Telesat Lightspeed business to an indirect subsidiary of Telesat Corporation. The indirect subsidiary is wholly-owned by Telesat Canada’s parent entities and is a non-guarantor under Telesat Canada’s debt documents. There are no changes to the Company’s operations as a result of this transaction. About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that...

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