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Month: September 2025

SAIC Announces Pricing of $500.0 Million in Senior Notes

RESTON, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) (“SAIC”), a premier Fortune 500 technology integrator driving our nation’s digital transformation across the defense, space, civilian, and intelligence markets, announced today that it has priced an offering of $500.0 million aggregate principal amount of 5.875% senior notes due 2033 (the “Notes”). The Notes were priced at 100% of their principal amount and will be senior unsecured obligations of SAIC. The offering is expected to close on September 25, 2025, subject to customary closing conditions. SAIC intends to use the net proceeds from the offering of the Notes to repay all indebtedness outstanding under its revolving credit facility and to pay estimated fees and expenses of the offering of the Notes, with any remaining...

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Netcapital Announces First Quarter Fiscal 2026 Financial Results

Management to Host Earnings Call on September 23, 2025 at 10 a.m. ETBOSTON, MA, Sept. 22, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the first quarter of fiscal year 2026 ended July 31, 2025. “We are pleased to report that we began our fiscal year 2026 with revenue growth of more than 30% for the first quarter. In fiscal year 2025, we shifted our strategy to focus on building a stronger and more scalable business, and we are encouraged to see our vision taking shape,” said Martin Kay, CEO of Netcapital Inc. “We achieved several significant milestones during the quarter, including establishing a Crypto Advisory Board, composed of accomplished industry leaders to guide our efforts in integrating blockchain, digital...

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Coastal Names Seasoned Fintech Leader Brandon Soto as New Chief Financial Officer

EVERETT, Wash., Sept. 22, 2025 (GLOBE NEWSWIRE) — Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), and its subsidiary, Coastal Community Bank (the “Bank”), today announced the appointment of Brandon Soto as Chief Financial Officer, effective October 1st, 2025. Mr. Soto joins the Bank after an impactful tenure as the Chief Financial Officer of Square Financial Services, Inc. (a subsidiary of Block, Inc.), where he played a pivotal role in building and scaling the financial operations of one of the nation’s most innovative banking entities. Mr. Soto’s appointment as CFO marks a new chapter for Coastal, reaffirming its dedication to operating excellence, strong regulatory stewardship, and the continued scaling of both its fintech and community banking divisions. With more than two decades of experience spanning major financial...

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HEINEKEN to acquire FIFCO’s beverage and retail businesses, strengthening its presence across Central America

HEINEKEN to acquire FIFCO’s beverage and retail businesses, strengthening its presence across Central America Landmark acquisition accelerates growth with leading beverage portfolio and retail assets in Costa Rica, full ownership of HEINEKEN Panama, and expanded regional footprintHEINEKEN has entered into binding agreements with its long-term partner FIFCO to acquire the remaining 75% of Distribuidora La Florida, as well as FIFCO stakes in certain other businesses. The transaction will strengthen HEINEKEN’s position across attractive Central American growth markets which have large and expanding profit pools. HEINEKEN gains ownership of a multi-category portfolio, including Costa Rica’s iconic century-old national beer Imperial and a major soft drink business with own brands and PepsiCo bottling licence. Expanded regional presence with...

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Brompton Announces Termination of Distribution Reinvestment Plan for Symphony Floating Rate Senior Loan Fund

TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) — (TSX: SSF.UN) Brompton Funds Limited (“Brompton”), the manager of Symphony Floating Rate Senior Loan Fund (the “Fund”) announced today that the distribution reinvestment plan (“DRIP”) of the Fund will be terminated effective October 23, 2025. As a result, the DRIP will not be available for any record dates occurring after October 23, 2025. Alternative reinvestment options may be available through your investment advisor. Please contact them directly. About Brompton FundsFounded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including exchange-traded funds (ETFs) and other Toronto Stock Exchange (“TSX”) traded investment funds. For further information, please contact your investment advisor, call Brompton’s investor relations...

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Valley National Bancorp to Announce Third Quarter 2025 Earnings

NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its third quarter 2025 earnings before the market opens on Thursday, October 23, 2025. Valley’s CEO, Ira Robbins will host a conference call on Thursday, October 23, 2025 at 11:00 AM (ET) to discuss Valley’s third quarter 2025 earnings. Interested parties should pre-register using this link: https://register-conf.media-server.com/register/BI2600362711e745a4a9c5eb205461ee87 to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live: https://edge.media-server.com/mmc/p/9hazum8a and archived on Valley’s website through Monday, November 24, 2025.   Investor presentation materials will be made...

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Portillo’s Announces Leadership Transition

Board Chairman Michael A. Miles, Jr. Appointed as Interim CEO, Effective Immediately Eugene (Gene) I. Lee, Jr. Appointed as Lead Independent Director CHICAGO, Sept. 22, 2025 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that its Board of Directors has appointed Chairman of the Board Michael A. Miles, Jr., as Interim Chief Executive Officer (CEO), effective immediately. Mr. Miles succeeds Michael Osanloo, who has departed the Company as President and CEO and as a member of the Board of Directors. Mr. Osanloo will support the transition as a Special Advisor to Mr. Miles and the Board over the next 90 days. The Board of Directors has established a Search Committee, comprised of Directors Paulette Dodson,...

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NEO Battery Enters into LOI for Operational Battery Component Manufacturing Facility Lease and Announces Non-Brokered Private Placement Offering

TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) — NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to announce that it has entered into a Letter of Intent (“LOI”) with a South Korean battery company to lease an operational, revenue-generating battery components manufacturing facility to initiate customized, high-performance battery production for the drone, unmanned aerial vehicle (UAV), robotics, electronics, automotive, and energy storage sectors. In connection, the Company intends to undertake a non-brokered private placement. Operational Battery Component Facility Lease Arrangement Under the terms of the LOI, NEO intends to enter into a long-term lease arrangement...

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MBX Biosciences Announces Proposed Public Offering

CARMEL, Ind., Sept. 22, 2025 (GLOBE NEWSWIRE) — MBX Biosciences, Inc. (Nasdaq: MBX), a clinical-stage biopharmaceutical company focused on the discovery and development of novel precision peptide therapies for the treatment of endocrine and metabolic disorders, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed underwritten public offering of 10,000,000 shares of its common stock. Furthermore, MBX Biosciences intends to grant the underwriters a 30-day option to purchase from MBX Biosciences up to an additional 1,500,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The public offering price has not yet been determined. The proposed offering is subject to market and other conditions,...

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Firefly Aerospace Announces Second Quarter 2025 Financial Results After Historic IPO

Company increased backlog to $1.3 billion by end of July and bolstered balance sheet; FAA cleared Alpha for return to flightFirefly Aerospace rang the Bell at the Nasdaq MarketSite on August 7, 2025. CEDAR PARK, Texas, Sept. 22, 2025 (GLOBE NEWSWIRE) — Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today issued financial results for the second quarter ended June 30, 2025. “Firefly’s historic IPO last month reflects the bold culture of our generational company, which delivers on the most challenging missions in space,” said Firefly Aerospace CEO Jason Kim. “We’re pleased to announce our initial quarterly results as a public company, reflecting the steady progress across our launch and spacecraft products.” Second Quarter 2025 HighlightsCEO Jason Kim testified before Congress on the success...

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