Day: October 23, 2025

Cingulate’s Lead ADHD Candidate CTx-1301 Selected for Podium Presentation at AACAP Annual Meeting

Written by Customer Service on October 23, 2025. Posted in Public Companies.

Presentation by ADHD expert Dr. Ann Childress to highlight Phase 3 findings supporting the potential for true, entire active-day symptom control KANSAS CITY, Kan., Oct. 23, 2025 (GLOBE NEWSWIRE) — Cingulate Inc. (NASDAQ: CING), a biopharmaceutical company developing and advancing a pipeline of next-generation pharmaceutical products utilizing its proprietary Precision Timed Release™ (PTR™) drug-delivery platform, today announced that data from its lead ADHD candidate CTx-1301 (dexmethylphenidate HCl) has been selected for podium presentation at the American Academy of Child and Adolescent Psychiatry (AACAP) Annual Meeting in Chicago. This recognition highlights growing scientific interest in CTx-1301, a once-daily, extended-release formulation designed to simplify treatment for millions living with ADHD. The Phase...

Texxon Holding Limited Announces Closing of $9.5 Million Initial Public Offering

Written by Customer Service on October 23, 2025. Posted in Public Companies.

Shanghai, China, Oct. 23, 2025 (GLOBE NEWSWIRE) — Texxon Holding Limited (Nasdaq: NPT) (the “Company” or “Texxon”), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced the closing of its initial public offering (the “Offering”) of 1,900,000 ordinary shares at a public offering price of US$5.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on October 22, 2025 under the ticker symbol “NPT.” The Company received aggregate gross proceeds of US$9.5 million from the Offering, before deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters an over-allotment option to purchase up to an additional 285,000 ordinary shares at the public offering price, less underwriting discounts. The...

LanzaTech Reaffirms Importance of LanzaJet through Amended and Restated LanzaJet Agreements that Enable the Acceleration of Sustainable Aviation Fuel Commercialization

Written by Customer Service on October 23, 2025. Posted in Public Companies.

SKOKIE, Ill., Oct. 23, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”) a leader in carbon transformation technology, today announced that the investors in its affiliate LanzaJet, Inc. have entered into Second Amended and Restated Investment and Stockholders’ Agreements on the long-term collaboration and the commercial rollout of sustainable aviation fuel (“SAF”). The amended agreement introduces changes in investment dynamics and share distributions. Subject to meeting development milestones at the Freedom Pines facility in Georgia, LanzaTech will receive two tranches of shares in LanzaJet. Should LanzaJet go public or be sold before LanzaTech receives these two tranches of shares, LanzaTech’s ownership stake will automatically increase to 50%, with no further investment required Additionally,...

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2025

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

IOWA CITY, Iowa, Oct. 23, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we,” “our,” or the “Company”) today reported results for the third quarter of 2025. Third Quarter 2025 Summary1Net income of $17.0 million, or $0.82 per diluted common share. Adjusted earnings of $18.1 million, or $0.872 per common share.Noninterest income was $10.3 million, which included a negative MSR valuation adjustment of $611 thousand. Noninterest expense was $37.6 million, which included a $655 thousand loss on extinguishment of debt and merger-related costs of $132 thousand. Efficiency ratio of 58.21%2.Net interest margin (tax equivalent) was 3.57%2; core net interest margin expanded 1 basis point (“bps”) to 3.50%2. Annualized loan growth of 3.5%. Total deposits increased...

Nicolet Bankshares, Inc. Announces Merger with MidWestOne Financial Group, Inc.

Written by Customer Service on October 23, 2025. Posted in Mergers And Acquisitions.

Combination creates premier community banking franchise in the Upper Midwest GREEN BAY, Wis. and IOWA CITY, Iowa, Oct. 23, 2025 (GLOBE NEWSWIRE) — Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) and MidWestOne Financial Group, Inc., (NASDAQ: MOFG) (“MidWestOne”) jointly announced today the execution of a definitive merger agreement pursuant to which Nicolet will acquire MidWestOne and its wholly-owned banking subsidiary, MidWestOne Bank. Based on the financial results as of September 30, 2025, the combined company will have pro forma total assets of $15.3 billion, deposits of $13.1 billion, and loans of $11.3 billion. Upon closing of the transaction, Nicolet will have more than 110 branches, as well as loan production offices, across the Upper Midwest, Denver, Colorado and Naples, Florida, among other areas. Under the terms of...

Boston Beer Reports Third Quarter Financial Results

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) — The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 27, 2025. Key results were: Third Quarter 2025 Summary:Depletions decreased 3% and shipments decreased 13.7% Net revenue of $537.5 million decreased 11.2% Gross margin of 50.8% up 450 basis points year over year Net income of $46.2 million, an increase of $12.6 million. Excluding the impact of the prior year non-cash brand impairment charge of $29.1 million, net income declined $16.4 million or 26.3% Diluted income per share of $4.25Year-to-date 2025 Summary:Depletions decreased 3% and shipments decreased 3.7% Net revenue of $1.579 billion decreased 1.9% Gross margin of 49.7% up 420 basis points year over year Net income of $131.0 million, an increase of $32.6 million. ...

Mohawk Industries Reports Q3 2025 Results

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

CALHOUN, Ga., Oct. 23, 2025 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2025 net earnings of $109 million and earnings per share (“EPS”) of $1.75; adjusted net earnings were $167 million, and adjusted EPS was $2.67. Net sales for the third quarter of 2025 were $2.8 billion, up 1.4% as reported and essentially flat on an adjusted basis versus the prior year. During the third quarter of 2024, the Company reported net sales of $2.7 billion, net earnings of $162 million and earnings per share of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. For the nine months ended September 27, 2025, net earnings and EPS were $328 million and $5.24, respectively; adjusted net earnings were $435 million, and adjusted EPS was $6.96. Net sales for the first nine months of 2025 were...

First Western Reports Third Quarter 2025 Financial Results

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

Third Quarter 2025 SummaryNet income available to common shareholders of $3.2 million in Q3 2025, compared to $2.5 million in Q2 2025 Diluted earnings per share of $0.32 in Q3 2025, compared to $0.26 in Q2 2025 Total deposits increased $320 million, or 12.6%, from $2.53 billion in Q2 2025 to $2.85 billion in Q3 2025 Net interest income increased $1.6 million, or 8.9%, from $17.9 million in Q2 2025 to $19.5 million in Q3 2025 Non-interest income increased $0.5 million, or 7.9%, from $6.3 million in Q2 2025 to $6.8 million in Q3 2025DENVER, Colo., Oct. 23, 2025 (GLOBE NEWSWIRE) — First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the third quarter ended September 30, 2025. Net income available to common shareholders was $3.2 million, or $0.32 per diluted share,...

Elme Communities Announces Third Quarter 2025 Results

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) — Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended September 30, 2025:Financial Results Three months ended September 30, 2025 2024Net loss per diluted share $ (1.40 ) $ (0.03 )Core FFO per diluted share 0.22 0.23 Operational HighlightsSame-store multifamily NOI decreased by 1.8% compared to the prior year quarter Same-store Average Effective Monthly Rent Per Home increased 1.1% compared to the prior year quarter Effective blended Lease Rate Growth was 0.7% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (4.7)%...

South Plains Financial, Inc. Reports Third Quarter 2025 Financial Results

Written by Customer Service on October 23, 2025. Posted in Earnings Releases And Operating Results.

LUBBOCK, Texas, Oct. 23, 2025 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended September 30, 2025. Third Quarter 2025 HighlightsNet income for the third quarter of 2025 was $16.3 million, compared to $14.6 million for the second quarter of 2025 and $11.2 million for the third quarter of 2024. Diluted earnings per share for the third quarter of 2025 was $0.96, compared to $0.86 for the second quarter of 2025 and $0.66 for the third quarter of 2024. Average cost of deposits for the third quarter of 2025 was 210 basis points, compared to 214 basis points for the second quarter of 2025 and 247 basis points for the third quarter of 2024. Net interest margin, on a tax-equivalent...

Day: October 23, 2025

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