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Month: September 2025

Spring Valley Acquisition Corp. III Announces Pricing of $200 Million Initial Public Offering

DALLAS, Sept. 04, 2025 (GLOBE NEWSWIRE) — Spring Valley Acquisition Corp. III (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on September 3, 2025. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol “SVACU” beginning September 4, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the...

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Mesoblast Enters Into Option To Issue US$50 Million Convertible Notes

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced it has entered into convertible note subscription agreements with SurgCenter principals and existing Mesoblast shareholders, Gregory George and William Gueck (“Investors”) to issue, at its sole discretion, up to US$50.0 million (A$76.8 million)1 of unsecured convertible notes. The funding is available at Mesoblast’s option, following shareholder approval, to repay or reduce the amount owing to its secured lenders under the existing loan agreements and for general working capital purposes. Mesoblast Chief Executive Silviu Itescu said: “We appreciate the ongoing support from our major shareholders in ensuring that the Company can optimize its capital structure...

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Acceleware Ltd. Announces Closing of Second Tranche of Non-Brokered Private Placement

CALGARY, Alberta, Sept. 03, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (“RF”) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, announces that the Company closed the second tranche of the non-brokered private placement of units (the “Units”) further to press releases dated June 30, 2025, July 31, 2025, August 12, 2025 and August 29, 2025 (the “Private Placement”) and distributed a total of 2,090,000 Units under the second tranche of the Private Placement, at a price of $0.10 per Unit, for total gross proceeds of $209,000. In aggregate, the Company has received total gross proceeds of $1,000,334.20 under both the first and...

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Concentrix Acquires SAI Digital to Supercharge its Digital Commerce and Customer Experience Tech Solutions

Further strengthening its technology capabilities in the Asia Pacific region NEWARK, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced its acquisition of SAI Digital— an end-to-end digital commerce and customer experience (CX) technology solutions company— scaling its presence in Vietnam as a strategic hub to deliver innovation and intelligent experiences for global brands. SAI Digital brings deep expertise in e-commerce and technology solutions—designing, building, and running platforms that scale. It has strategic partnerships with leading technology providers in digital commerce and CX, complemented by a proprietary AI solution suite to accelerate online businesses. The company has a strong presence in the Asia Pacific (APAC) region and an...

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Nasdaq Proposes Changes to its Listing Standards

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) — Today, Nasdaq proposed a new set of enhancements to its initial and continued listing standards, reinforcing its long-standing commitment to capital formation while ensuring investor protection and upholding market integrity. These proposed updates introduce enhanced requirements for minimum company public float and capital raised during initial public offerings, alongside stricter suspension and delisting procedures for companies failing to meet Nasdaq’s continued listings standards. The revised standards include:A $15 million minimum market value of public float, applicable to new listings on Nasdaq under the net income standard. An accelerated process for suspending and delisting companies with a listings deficiency that also have a Market Value of Listed Securities below $5 million. A $25...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of August 31, 2025

HOUSTON, Sept. 03, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2025. As of August 31, 2025, the Company’s net assets were $2.3 billion, and its net asset value per share was $13.82. As of August 31, 2025, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 723% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 522%.STATEMENT OF ASSETS AND LIABILITIESAUGUST 31, 2025   // (UNAUDITED)     (in millions)Investments   $ 3,223.1  Cash...

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Plains All American Announces Pricing of Public Offering of $1.25 Billion of Senior Notes

HOUSTON, Sept. 03, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $1.25 billion aggregate principal amount of debt securities, consisting of $700 million aggregate principal amount of 4.70% senior unsecured notes due 2031 and $550 million aggregate principal amount of 5.60% senior unsecured notes due 2036, at a price to the public of 99.865% and 99.798% of their face value, respectively. The Offering is expected to close on September 8, 2025, subject to the satisfaction of customary closing conditions. PAA intends to use the proceeds, after the underwriter discounts and our expenses, of approximately $1,236.5 million from the Offering...

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Perimeter Solutions and USDA Enter Historic Five-Year Agreement, Strengthening Wildfire Response and Expanding Value-Added Services

Perimeter Solutions and USDA Enter Five-Year AgreementPerimeter Solutions has signed a five-year agreement with the USDA, marking a major advancement in the nation’s wildfire response capabilities while delivering over $150 million in total savings to the federal government and taxpayers.ST. LOUIS, Sept. 03, 2025 (GLOBE NEWSWIRE) — Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality fire retardant and firefighting foam concentrates, today announced the signing of a transformative five-year agreement with the United States Department of Agriculture (USDA). The new contract marks a major advancement in the nation’s wildfire response capabilities while delivering over $150 million in total savings to the federal government and taxpayers. This multi-year contract brings unprecedented stability to...

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Oil-Dri Announces Dates for Fourth Quarter and Fiscal Year 2025 Earnings Release and Live Webcast

CHICAGO, Sept. 03, 2025 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC) announced today that it will release earnings for its fourth quarter and fiscal year 2025 after the close of the U.S. stock market on Thursday, October 9, 2025. The Company will host a live webcast on Friday, October 10, 2025, at 10:00 a.m. Central Time to discuss these financial results. Participation details can be found on the Company’s website’s Events page, where the webcast will also be available for replay. Archives of the Company’s webcasts can be found on its website under Quarterly Archives. About Oil-Dri Corporation of AmericaOil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial...

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Brady Corporation increases its dividend to shareholders for the 40th consecutive year

MILWAUKEE, Sept. 03, 2025 (GLOBE NEWSWIRE) — On September 3, 2025, Brady Corporation’s (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.96 per share to $0.98 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.245 per share will be paid on October 31, 2025, to shareholders of record at the close of business on October 10, 2025. This dividend represents the 40th consecutive annual increase in dividends.   Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems...

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