Day: October 2, 2025

– Transaction reflects continuation of Vireo’s M&A strategy and is expected to close later this month – MINNEAPOLIS, Oct. 02, 2025 (GLOBE NEWSWIRE) — Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF) today announced that it has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes (the “Notes”) of public U.S. multi-state cannabis operator, Medicine Man Technologies Inc. (dba “Schwazze”) from third-party noteholders. The Notes will be acquired at a price substantially below par value, for total consideration of approximately $62 million payable in subordinate voting shares of the Company at closing, at a deemed price per share of $0.54. The transaction is expected to close later this month. Completion of the transaction...

HOUSTON, Oct. 02, 2025 (GLOBE NEWSWIRE) — GulfStar Group (“GulfStar”) is pleased to announce the acquisition of Alpha Foods Co. (“Alpha” or the “Company”) by MBC Companies (“MBC”), a portfolio company of Entrepreneurial Equity Partners (“e2p”). GulfStar served as the exclusive financial advisor to Alpha throughout the transaction, which closed on September 10, 2025. Alpha, a privately held, family-owned frozen foods manufacturer based in Waller, Texas, was founded in 1984 by Greek immigrants George and Athena Sarandos. Alpha has grown from a regional foodservice distributor into a highly respected producer of frozen pizzas and pizza components for national accounts. Today, Alpha operates from a modern, highly efficient, 115,000-square-foot manufacturing and distribution facility serving a broad range of customers,...

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) — Algae-C Inc. (“Algae-C”) today issues a correction to its earlier release announcing its acquisition by Rockcliffe Labs Inc. (“Rockcliffe Labs”). The prior release suggested that all issued and outstanding securities of Algae-C were exchanged for shares of Rockcliffe Labs. This correction clarifies that Rockcliffe Labs acquired a controlling interest in Algae-C for cash consideration. Financial terms are undisclosed. Algae-C now operates as a majority-owned subsidiary of Rockcliffe Labs. The remaining Algae-C shareholders continue solely as minority shareholders of Algae-C and hold no equity, economic, or voting interest in Rockcliffe Labs. All other details from the earlier announcement remain unchanged. Algae-C Inc. Announces Completion of Acquisition by Rockcliffe Labs Inc. Algae-C Inc....

EL SEGUNDO, Calif. and BETHESDA, Md., Oct. 02, 2025 (GLOBE NEWSWIRE) — Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (“Big 5”), a leading sporting goods retailer, today announced the successful completion of its previously announced merger with a partnership comprised of Worldwide Golf and Capitol Hill Group. Upon the satisfaction of customary closing conditions, including the approval of Big 5’s stockholders, the merger was consummated, with Big 5 surviving the merger as a wholly owned subsidiary of such partnership. Pursuant to the definitive merger agreement and subject to the terms and satisfaction of its conditions, Big 5 stockholders are entitled to receive $1.45 per share in cash. This represents a premium of approximately 36% to Big 5’s 60-day volume weighted average trading price prior to the transaction’s announcement. “This...