Month: November 2025
PASCAGOULA, Miss., Nov. 21, 2025 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division successfully completed the final round of sea trials for Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128). The Ingalls Test and Trials team spent several days in port and at sea conducting a comprehensive series of acceptance test and evaluations, overseen by the Navy’s Board of Inspection and Survey (INSURV). These trials confirmed that the ship successfully demonstrated required mission capabilities, preparing it for delivery to the U.S. Navy in the coming weeks.
“Our goal is to deliver the most advanced and capable warships to the fleet as quickly as possible, addressing the increasing national security needs of the United States and our allies. The work of the entire DDG 128 team exemplifies our relentless pursuit...
Panoro Minerals Ltd. Announces Closing of First Tranche of Brokered LIFE Offering for Gross Proceeds of C$2.9 Million
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VANCOUVER, British Columbia, Nov. 21, 2025 (GLOBE NEWSWIRE) — Panoro Minerals Ltd. (“Panoro” or the “Company”) (TSX.V: PML), is pleased to announce the closing of the first tranche (the “First Tranche”) of its previously announced “best efforts” private placement (the “Offering”) for gross proceeds of C$2,918,200 from the sale of 7,295,500 units of the Company (each, a “Unit”) at a price of C$0.40 per Unit (the “Offering Price”). Red Cloud Securities Inc. is acting as lead agent and sole bookrunner with Cormark Securities Inc. acting as co-agent (together, the “Agents”) in connection with the Offering.
Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”)....
Smithfield Foods Donates 32,000 Pounds of Protein to Hampton Roads Foodbanks at the Mayflower Marathon
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SMITHFIELD, Va., Nov. 21, 2025 (GLOBE NEWSWIRE) — Smithfield Foods donated 32,000 pounds of protein to the 29th Annual Mayflower Marathon Holiday Food and Fund Drive to support the Virginia Peninsula Foodbank and Foodbank of Southeastern Virginia and the Eastern Shore.
“Providing access to protein is a key part of our commitment to fighting hunger in the communities where we live and work,” said Jonathan Toms, senior community development manager for Smithfield Foods. “The Mayflower Marathon is a testament to the strength of our community when we unite around a shared purpose.”Donated items include ham, sausage and bacon, and will provide 128,000 servings of food to neighbors experiencing hunger in Southeastern Virginia.
“The generous donations from Smithfield ensure that individuals and families experiencing food insecurity...
gategroup Successfully Upsizes and Reprices Term Loan B, Strengthening Financial Flexibility and Reducing Funding Costs
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gategroup Holding AG (“gategroup”) is pleased to announce the successful upsizing and repricing of its Term Loan B facilities. The company increased its euro denominated facility through a fully fungible add-on of EUR 215 million and its U.S. dollar denominated facility by USD 75 million, further strengthening the liquidity position and enhancing financial flexibility to support long-term growth.
The transaction was met with strong investor demand resulting in a margin reduction of 75 basis points to 350 basis points, a tighter outcome than initially anticipated.
“We are very pleased with the strong participation from both existing and new leading global institutional investors. Their support underscores the confidence in gategroup’s performance, industry leadership, and strategic growth trajectory”, said Urs Schwendinger, Group CFO.
Following...
Vranken-Pommery Monopole : Licensing of the Pompadour Brand to Vranken-Pommery Monopole
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Reims, November 21, 2025
On October 1, Vranken-Pommery Monopole decided to accept the offer from the Lanson-BCC Group, which was more attractive than that of the Vranken Company, for the sale of the Heidsieck & Co Monopole brand.
In order to provide Vranken-Pommery Monopole with additional resources, strengthen its commercial development in the premium segment, and provide it with a cost-sharing arrangement, Compagnie Vranken has decided to license the Pompadour brand to it, with marketing set to begin in late 2025. Vranken-Pommery Monopole will retain the related inventories.
Maison Pompadour is the first new Champagne House of the 21st century. Backed by its unique collection of Reserve Vintages from the Clos Pompadour vineyards, Champagne Pompadour stands out for its uniqueness and embodies a resolutely modern vision of Champagne...
Onfolio Holdings Receives $4.75M in Investment Proceeds
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Company will use approximately $2.35M for growth, debt repayment and working capital; and approximately $2.4M will be allocated to digital assets for yield generation and treasury strategy
WILMINGTON, Del., Nov. 21, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) (the “Company” or “Onfolio”), a company that combines digital assets, DeFi yield, and cash-flowing online businesses, today announced that it has received $4.75 million in investment proceeds under its previously announced financing agreement.
The Company has allocated approximately $2.35 million toward business growth initiatives, repayment of debt and working capital, and approximately $2.4 million toward purchases of BTC, ETH, and SOL as part of its digital-asset treasury strategy designed to generate yield and...
Revive Therapeutics Provides Update of Key Nerve Agent Countermeasure Study
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TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT: 31R), a specialty life sciences company focused on the research and development of therapeutics for infectious diseases and medical countermeasures, announced today an update on its ongoing research study evaluating Bucillamine as a potential treatment for nerve agent exposure. The study is being conducted in collaboration with Defence R&D Canada – Suffield Research Centre (“DRDC”), an agency within the Canadian Department of National Defence that provides extensive expertise, infrastructure, and scientific capabilities to support the development of medical countermeasures. DRDC is evaluating pharmacological compounds, including Bucillamine, that may mitigate nerve agent–induced brain injury.
The...
Plug Power Nets $399 Million in Cash Following Successful Financing; Eliminates First Lien and Fully Funds Current Business Plan
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SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful closing of the previously announced offering of $375 million aggregate principal amount of 6.75% convertible notes due 2033, including the full exercise of the initial purchasers’ option to purchase an additional $56.25 million aggregate principal amount of the notes, resulting in a total aggregate principal amount of $431.25 million. Plug received total net proceeds from the offering of approximately $399.4 million, after deducting the initial purchasers’ discount and estimated offering expenses.
The proceeds allow Plug to retire all remaining high-cost 15% debt, refinance its 2026 convertible notes, and eliminate the first lien previously...
HII Delivers Virginia-Class Submarine Massachusetts (SSN 798) to U.S. Navy
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NEWPORT NEWS, Va., Nov. 21, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Newport News Shipbuilding division has delivered Virginia-class fast-attack submarine Massachusetts (SSN 798) to the U.S. Navy.
Massachusetts is the 12th Virginia-class submarine delivered by NNS, and the 25th built as part of the teaming agreement with General Dynamics Electric Boat. It is the fifth Navy vessel named for the commonwealth of Massachusetts.
“Delivering Massachusetts after its rigorous sea trials is an important milestone commitment for our team this year,” NNS President Kari Wilkinson said. “We are absolutely steadfast in our resolve to increase the pace of submarine construction and see this as a solid step toward our overall objective.”
More than 10,000 shipbuilders from NNS and Electric Boat participated in the construction...
UBISOFT ANNOUNCES THE COMPLETION OF TENCENT’S STRATEGIC INVESTMENT IN VANTAGE STUDIOS
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UBISOFT ANNOUNCES THE COMPLETION OF TENCENT’S STRATEGIC INVESTMENT IN VANTAGE STUDIOS
PARIS – November 21, 2025 – Following the announcement of the binding agreement entered into with Tencent on March 27, 2025, Ubisoft is very pleased to announce the completion of the strategic investment of Tencent in the entity Ubisoft Nova SAS (referred to individually as “Vantage Studios”), built around the Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six franchises, thus securing a €1.16 billion cash investment from Tencent (the “Investment”). The Investment values Vantage Studios1 at a pre-money enterprise value of €3.8 billion and marks a significant milestone in Ubisoft’s transformation, strengthening its balance sheet, crystallizing the value of its world-class IP, and positioning its flagship franchises for long-term growth.
A significant...
