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Day: November 12, 2025

Kyverna Therapeutics Provides Business Update and Reports Third Quarter 2025 Financial Results

Topline data from registrational trial in stiff person syndrome (SPS) now expected in early 2026; narrowed from previous guidance of first half 2026; BLA submission anticipated in 1H 2026 Positive interim Phase 2 data in generalized myasthenia gravis (gMG); on-track to enroll first patient for registrational Phase 3 portion of trial by year-end 2025 Strengthened financial flexibility with up to $150M loan facility to support the continued advancement of the Company’s late-stage indications in gMG and SPS, while also accelerating pre-launch activities EMERYVILLE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) — Kyverna Therapeutics, Inc. (Nasdaq: KYTX), a clinical-stage biopharmaceutical company focused on developing cell therapies for patients with autoimmune diseases, today reported its business highlights and financial results for the...

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Urgently Announces Third Quarter 2025 Financial Results

Urgently Delivers Q3 2025 Revenue Growth, Margin Expansion, GAAP Operating Loss Reduction and Non-GAAP Operating Income ASHBURN, Va., Nov. 12, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the third quarter ended September 30, 2025. “We’re pleased to report continued progress in our financial performance. Revenue grew quarter-over-quarter, demonstrating early signs of momentum. Gross profit increased 4% to $8.1 million, and gross margin expanded to 25%,” said Matt Booth, CEO of Urgently. “We also significantly reduced operating expenses, with GAAP operating expenses down 28% and non-GAAP operating expenses down 25% year-over-year, and most notably, we achieved a reduction in...

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Toll Brothers Georgia Division Honored at the 2025 OBIE Awards

ATLANTA, Nov. 12, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced that its Georgia Division received multiple honors at the 2025 OBIE Awards, presented by the Greater Atlanta Home Builders Association and the Atlanta Sales and Marketing Council. Now in its 45th year, the annual OBIE Awards recognize excellence in home building, remodeling, marketing, and personal achievement within the home building industry. The Toll Brothers Georgia Division was recognized across several categories, showcasing exceptional design, craftsmanship, and innovation throughout its communities. The division’s award-winning projects include:Aurora Ridge at Great Sky – Acworth Cottage Basement: Gold Award, Best single-family detached home priced $700,000 to $799,999. (Builds 100+ Homes/Year) Toll...

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Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.41 Per Share 2025 Annual Distribution Totals $0.86 Per Share

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.41 per share cash distribution payable on December 30, 2025, to common shareholders of record on November 24, 2025. Shareholders who are not members of the Fund’s Automatic Dividend Investment Plan will be given the option to receive the distribution either in cash or in beneficial shares of the Fund. The distribution is taxable to shareholders whether or not they choose to receive cash. The expiration date of the option is December 15, 2025. Shareholders who do not make an election will receive the distribution in beneficial shares. The number of shares that holders will be entitled to receive under the share option will be determined on December 16, 2025, either on the basis...

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GAMCO Natural Resources, Gold & Income Trust Increases Monthly Distribution 20%

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the “Fund”) increased the annual distribution 20% to $0.72 per share, which will be paid $0.06 per share monthly, commencing with the January 2026 monthly distribution. The increase reflects the strength of the Fund’s NAV total return of 37% year to date. The Board of Trustees approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.06 per share for each of January, February, and March 2026. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.Distribution...

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Treasure Global Announces Investment in OXI Wallet, an Institutional-Grade Digital Asset Platform with AI Portfolio Tools

Launch strengthens Treasure Global’s fintech ecosystem through secure digital asset management and integration with ZCITY KUALA LUMPUR, Malaysia, Nov. 12, 2025 (GLOBE NEWSWIRE) — Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced its investment to develop OXI Wallet, a next-generation fintech platform. Meticulously designed with a user-centric approach, OXI Wallet aims to deliver institutional-grade security, transparency, regulatory alignment, and enhanced accessibility within a secure, scalable environment capable of supporting up to USD 10 billion in user-held digital assets across its platform during its first operational year. The initiative reinforces Treasure Global’s strategy to expand its footprint in blockchain-based financial technology...

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Grocery Outlet Partners with Feeding America® with the Goal to Provide Three Million Meals to People Facing Hunger This Holiday Season

Grocery Outlet will match combined total in-store donations at checkout up to $150,000 EMERYVILLE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), the Xtreme Value™ Holiday Headquarters, today announced a partnership with Feeding America®, the nation’s largest hunger-relief organization, to help reach the goal to provide three million meals* to people facing hunger this holiday season. Grocery Outlet is joining the movement to end hunger by offering customers the opportunity to donate at the register at their local store. Store operators will have the discretion to choose which local food bank or community organization they wish to support. Grocery Outlet will also match the total amount of all in-store donations at checkout up...

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Gabelli Global Small and Mid Cap Value Trust Increases Quarterly Distribution 31% to $0.21 from $0.16 Annual Distribution to $0.84 from $0.64 Per Share

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) (the “Fund”) approved an increase in the annualized distribution to $0.84 per share, which will be paid $0.21 per share quarterly, commencing with the quarterly distribution payable on December 19, 2025 to common shareholders of record on December 12, 2025. The increase follows on the strength of the Fund’s market total return of 25% year to date. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional...

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Gabelli Global Utility & Income Trust Increases Monthly Distribution 10%

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) increased the annual distribution 10% to $1.32 per share, which will be paid $0.11 per share monthly, commencing with the January 2026 monthly distribution. The increase reflects the strength of the Fund’s NAV total return of 31% year to date. The Board of Trustees approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of January, February, and March 2026.Distribution Month Record Date Payable Date Distribution Per ShareJanuary January 15, 2026 January 23, 2026 $0.11February February 12, 2026 February 20, 2026 $0.11March March 17, 2026 March 24, 2026 $0.11Each quarter,...

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Gabelli Dividend & Income Trust Increases Annual Distribution 36% to $1.80 from 2024 Rate and Monthly Distribution Rate to $0.15 Per Share

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) increased the annual distribution to $1.80 per share, which will be paid $0.15 per share monthly, commencing with the January 2026 monthly distribution. The $0.15 per share monthly rate is a 36% increase from the $0.11 per share monthly rate in 2024. The increase reflects the strength of the Fund’s NAV total return of 16% year to date. The Board of Trustees approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.15 per share for each of January, February, and March 2026. The Board of Trustees increased the annual distribution to $1.68 per share, which has been paid $0.14 per share monthly, commencing with the January...

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