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Month: September 2025

Roivant Named on Fortune Media and Great Place To Work’s 2025 Best Workplaces in BioPharma List

BASEL, Switzerland and LONDON and NEW YORK, Sept. 11, 2025 (GLOBE NEWSWIRE) — Great Place To Work® and Fortune magazine have selected Roivant (Nasdaq: ROIV) for the 2025 Fortune Best Workplaces in BioPharma™ List. This is Roivant’s first time being named to this prestigious list, coming in at 28th place in the small & medium category. Earning a spot means that Roivant is one of the best companies to work for in the country. The Best Workplaces in BioPharma award is based on analysis of survey responses from nearly 40,000 employees at Great Place To Work Certified™ companies in the biotechnology and pharmaceutical industry. “We are incredibly honored to be named one of the Best Workplaces in BioPharma by Fortune and Great Place To Work,” said Matt Gline, CEO of Roivant. “This recognition reflects our team’s...

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Sportsman’s Warehouse Holdings, Inc. Appoints Michael Tucci to its Board of Directors

Announces resignation of Steven R. Becker as a member of the Board WEST JORDAN, Utah, Sept. 11, 2025 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) announced today that Michael Tucci has been appointed as an independent member of its Board of Directors (the “Board”), effective immediately. The Company also announced that Steven R. Becker has stepped down as a member of the Board, effective as of September 5, 2025. Mr. Tucci’s career spanned over 30 years in retail. He has served as the Founder and Managing Partner of Rebel Capital, LLC, an early-stage advisory and investing company within the consumer and related technology support sectors, since 2016. From November 2013 to September 2015, Mr. Tucci served as Chief Executive Officer and as a member of the board...

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Mueller Water Products to Participate in the RBC Capital Markets Global Industrials Conference

ATLANTA, Sept. 11, 2025 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced that its management team will participate in the RBC Capital Markets Global Industrials Conference in New York on September 17, 2025, where management will host investor meetings. The accompanying presentation will be available on the Events and Presentations webpage under Investor Relations on the Company’s website www.muellerwaterproducts.com. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. Our broad portfolio includes engineered valves,...

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K. Hovnanian Enterprises, Inc. Prices Offering of $450 Million of 8.000% Senior Notes Due 2031 and $450 Million of 8.375% Senior Notes Due 2033

MATAWAN, N.J., Sept. 11, 2025 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), priced an offering of $450 million aggregate principal amount of 8.000% Senior Notes due 2031 and $450 million aggregate principal amount of 8.375% Senior Notes due 2033 in a private placement (collectively, the “Notes”). The Notes will be guaranteed by the Company and substantially all of its subsidiaries. The sale of the Notes is expected to be consummated on or about September 25, 2025, subject to customary closing conditions. K. Hovnanian intends to use the net proceeds from the offering of the Notes to (i) fund the redemption of the entire outstanding principal amount of its 8.0% Senior Secured 1.125 Lien Notes due 2028 (the...

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HeartSciences Provides Business Update and Reports First Quarter of Fiscal 2026 Financial Results

Southlake, TX, Sept. 11, 2025 (GLOBE NEWSWIRE) — HeartSciences Inc. (Nasdaq: HSCS; HSCSW) (“HeartSciences” or the “Company”), an artificial intelligence (“AI”)-powered medical technology company transforming ECGs/EKGs to enable earlier detection of heart disease, today announced its financial results for the first quarter of fiscal 2026 ended July 31, 2025 (“FQ1 2026”) and provided a business update highlighting continued progress. First Quarter and Recent Highlights HeartSciences has made substantial progress during FQ1 2026 which saw the Company achieve an FDA Breakthrough Device Designation and successfully launched MyoVista Insights. MyoVista Insights™ Software PlatformHeartSciences successfully developed and launched MyoVista Insights, a cloud-native software platform designed to modernize...

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Marimaca Copper Announces Closing of A$80,000,000 Placement

Not for release to U.S. wire services or for distribution in the United States VANCOUVER, British Columbia, Sept. 11, 2025 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) (“Marimaca” or the “Company”) is pleased to announce the closing of the previously announced brokered placement in Australia and select other jurisdictions, excluding Canada (the “Placement”). Pursuant to the closing of the Placement, the Company issued 8,247,423 Chess Depositary Interests (“CDI”) each at a price of A$9.70 for gross proceeds of approximately A$80,000,000 or approximately C$72,080,000. Net proceeds from the Placement will be used for exploration at the Pampa Medina Project and Marimaca sulphide target, detailed design and engineering and project related workstreams at the Marimaca Oxide Deposit (the “MOD”), and for general corporate...

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Team, Inc. Announces Private Placement of Preferred Stock

Reduces Leverage and Provides Enhanced Financial Flexibility SUGAR LAND, Texas, Sept. 11, 2025 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it has successfully closed on a private placement of preferred stock and warrants to affiliates of Stellex Capital Management LLC (collectively, “Stellex”) for $75 million of proceeds before expenses (the “Transaction”). The Transaction immediately reduces debt, enhances financial flexibility and inaugurates a strategic new relationship with a partner aligned with TEAM’s management on the Company’s key priorities. Highlights of the Transaction:Closed...

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Farmer Brothers Coffee Reports Fourth Quarter and Full Year Fiscal 2025 Financial Results

Fiscal year 2025 gross margin increase of 420 basis points year-over-year to 43.5% Reported full year net loss of $14.5 million, increase in year-over-year adjusted EBITDA1 of more than $14 million Fiscal 2025 net sales of $342.3 million FORT WORTH, Texas, Sept. 11, 2025 (GLOBE NEWSWIRE) — Farmer Brothers Coffee Co. (NASDAQ: FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today its fourth quarter and full year fiscal 2025 financial results for the period ended June 30, 2025. The company filed its Form 10-K, which will be posted on the Investor Relations section of its website after the close of market on Thursday, Sept. 11. “Fiscal 2025 was a year of significant improvement for Farmer Brothers despite significant market headwinds. We realized substantial operational and financial...

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BRT Apartments Corp. Declares Third Quarter 2025 Dividend and Announces Management Appointments

GREAT NECK, New York, Sept. 11, 2025 (GLOBE NEWSWIRE) — BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable October 6, 2025, to stockholders of record at the close of business on September 24, 2025. Additionally, the Company announces the appointment of Matthew Gibbons and Isaac Kalish as chief accounting officer and chief financial officer, respectively. Mr. Gibbons’ appointment is effective immediately, and Mr. Kalish’s appointment is effective upon the retirement of BRT’s current Chief Financial Officer, George Zweier, which the Company anticipates will take place in the first quarter of 2026. Matthew Gibbons and Isaac Kalish are both certified public accountants and have been associated with BRT since 2025 and 2004, respectively. BRT...

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Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2026 Financial Results

• Announces $20 million share repurchase authorization MITCHEL FIELD, N.Y., Sept. 11, 2025 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is pleased to announce its financial results for the first quarter of fiscal year 2026. Revenue for the first quarter ended July 31, 2025, was approximately $13.8 million, a decrease from the $15.1 million reported for the same period of fiscal year 2025. Operating income for the first quarter of fiscal year 2026 was $0.4 million, a significant reduction from the $2.4 million reported for the same period of the previous fiscal year. Net Income from operations was $0.6 million or $0.07 per diluted share compared to a net income from operations of $2.4 million or $0.25 per diluted share, for the first quarter of fiscal year 2025. Net cash provided by operating...

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