Day: December 10, 2025

Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on December 10, 2025. Posted in Public Companies.

DURHAM, N.C., Dec. 10, 2025 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization, today announced the granting of an inducement award of restricted stock units (“RSUs”) on December 10, 2025, to two newly hired employees. The award consisted of 245,000 RSUs that vest in three equal annual installments starting December 10, 2026, subject to the employee’s continuous employment through the applicable vesting date. The RSUs are subject to the terms and conditions of the Company’s Amended and Restated 2025 Inducement Award Plan and the award agreements covering the grants. These awards follow Nasdaq Listing Rule 5635(c)(4) and are intended as an inducement material to the individual becoming a new employee of the Company. About Fortrea Fortrea (Nasdaq: FTRE) is a leading global provider...

UPDATE — Figure brings $YLDS to Solana, unlocking real RWA utility for DeFi

Written by Customer Service on December 10, 2025. Posted in Public Companies.

$YLDS will deliver fiat on/off ramp capabilities and a yielding stablecoin to the Solana ecosystem and sets the stage for Solana-native Figure RWA applications NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) — Figure Technology Solutions, Inc. (Nasdaq: FIGR) today announced that its subsidiary, Figure Certificate Company (FCC), intends to begin minting $YLDS, a registered public debt security, natively on Solana. $YLDS is a security-version of stablecoin, designed to maintain a fixed dollar price and provide a continuous yield backed by U.S. Treasuries and Treasury repo agreements. Exponent Finance, a decentralized finance yield exchange platform on Solana, intends to be the first user of $YLDS. The move marks the beginning of a broader, long-term ambition between Figure and Provenance Blockchain Foundation to build on Solana. As part...

TWG Announces Closing of $5.04 million Public Offering

Written by Customer Service on December 10, 2025. Posted in Public Companies.

Hong Kong, Dec. 10, 2025 (GLOBE NEWSWIRE) — Top Wealth Group Holding Limited (NASDAQ: TWG)(“Top Wealth” or the “Company”), a leading supplier of premium-class sturgeon caviar and fine winery products, today announced the closing of a best-efforts public offering of 720,000 units (each a “Unit”), consisting of one Class A ordinary share of the Company, par value $0.009 per share (the “Class A Ordinary Shares”), one Series A Class A Warrant (the “Series A Class A Warrant”) and one Series B Class A Warrant (the “Series B Class A Warrant” and collectively with the Series A Class A Warrants, the “Class A Warrants”), at a public offering price of $7.00 per Unit. The Class A Warrants with an exercise price of $7.00 per Class A Ordinary Share, will be immediately exercisable following issuance. The Series A Class A Warrants will expire...

Ovanti Teases US Launch of Flote: A Credit Score Agnostic Alternative to Buy Now Pay Later

Written by Customer Service on December 10, 2025. Posted in Public Companies.

DENVER, Dec. 10, 2025 (GLOBE NEWSWIRE) — Ovanti US Inc, a subsidiary of Ovanti Limited (ASX: OVT), announced the upcoming United States launch of Flote. Flote uses verified income and real cashflow insights rather than credit scores to determine eligibility for deferred payments. Flote allows shoppers to pay over time with no interest, no hidden fees and no revolving balances. The product is built for debit first households who are typically left without safe flexibility at checkout because financial identity has been reduced to a number. Millions of Americans rely on high cost payday loans because there are few alternatives that support everyday needs responsibly. Flote gives consumers a structured way to manage short-term expenses aligned with how they actually earn and spend. “What sets us apart from the big players who...

Gran Tierra Energy Inc. Announces 2026 Guidance and Operations Update

Written by Customer Service on December 10, 2025. Posted in Public Companies.

Targeting Free Cash Flow of $60 to $80 Million in the 2026 Base Case Ecuador Program Transition From Exploration to Appraisal & Development Colombia Program Focused on Maximizing Free Cash Flow Development Program Focused on Quick Payouts and Capital Efficient Projects 2026 Capital Program Fulfills Commitments Over the Suroriente Block Reported Current Company Production of 48,000 to 49,000 BOEPDCALGARY, Alberta, Dec. 10, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced its 2026 capital budget, production guidance and operational update. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties basis and are expressed in barrels of oil equivalent (“boe”) per day (“BOEPD”),...

GlobalFoundries Appoints Sam Franklin as Chief Financial Officer

Written by Customer Service on December 10, 2025. Posted in Public Companies.

Franklin’s proven financial leadership and strategic expertise will support GF’s continued growth and profitability MALTA, N.Y., Dec. 10, 2025 (GLOBE NEWSWIRE) — GlobalFoundries (GF) today announced that its Board of Directors has appointed Sam Franklin as Chief Financial Officer, effective immediately. Mr. Franklin previously served as Senior Vice President of Business Finance & Operations and Investor Relations and recently Interim CFO. “We are delighted to have Sam formally appointed as CFO,” said Tim Breen, CEO of GF. “His proven leadership and financial expertise will accelerate GF’s momentum and capitalize on the significant opportunities ahead. As we continue to drive profitability and deliver differentiated technologies for the scaling of AI from the data center to the physical world, Sam’s ability to deliver results...

NOV Announces Sale of Advanced Nuclear Development Company Shepherd Power to Natura Resources in Stock for Stock Transaction

Written by Customer Service on December 10, 2025. Posted in Mergers And Acquisitions.

NOV becomes investor in Natura Resources (“Natura”) and appoints representative to Natura’s Board of Directors in conjunction with the sale of Shepherd Power NOV and Natura sign Memorandum of Understanding (“MOU”) to establish a supply chain agreement where NOV will leverage its manufacturing, supply chain, and project management expertise to support scaling advanced nuclear power solutionsHOUSTON, Dec. 10, 2025 (GLOBE NEWSWIRE) — NOV Inc. (NYSE: NOV) today announced the sale of Shepherd Power, its advanced nuclear development company, to Natura, a leading developer of advanced small modular reactor (“SMR”) technology. As part of the transaction, NOV and Natura have signed an MOU to establish a supply chain agreement where NOV will provide manufacturing and project management expertise to support scaled deployment of Natura’s...

Statement from Beneficient Regarding the Passing of Thomas O. Hicks

Written by Customer Service on December 10, 2025. Posted in Public Companies.

DALLAS, Dec. 10, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (the “Company”) is deeply saddened to announce the passing of Thomas O. Hicks, Chairman of its Board of Directors (the “Board”), on Saturday, December 6, 2025, at the age of 79. Mr. Hicks was a legendary figure in American business, a pioneer in private equity, and a dedicated leader who brought extraordinary vision, discipline, and experience to Beneficient.A Private Equity Pioneer: Mr. Hicks co-founded Hicks & Haas in 1984 and Hicks, Muse, Tate & Furst in 1989, helping to reshape the private equity landscape with his “buy and build” strategy. A Legacy of Leadership: He served on the Beneficient Board since 2017 and was appointed Chairman in July 2025, providing his decades of seasoned leadership to help guide the Company’s strategic direction. A...

LB Pharmaceuticals Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on December 10, 2025. Posted in Public Companies.

NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) — LB Pharmaceuticals Inc (“LB Pharmaceuticals” or the “Company”) (Nasdaq: LBRX) today announced that it has granted to Kaya Pai Panandiker, the new Chief Commercial Officer of LB Pharmaceuticals, an equity award outside of, but subject to the terms and conditions of, the LB Pharmaceuticals Inc 2025 Equity Incentive Plan. The equity award was granted on December 10, 2025, pursuant to the “inducement grant” exception provided under Nasdaq Listing Rule 5635(c)(4) as an inducement material to Ms. Pai Panandiker entering into employment with LB Pharmaceuticals. Ms. Pai Panandiker received an option to purchase 195,000 shares of LB Pharmaceuticals’ common stock. The option carries a ten-year term and an exercise price per share equal to $21.36, which was the closing price of LB Pharmaceuticals’...

Transcontinental Inc. Announces Results for the Fourth Quarter and Fiscal Year 2025

Written by Customer Service on December 10, 2025. Posted in Dividend Reports And Estimates.

HighlightsRevenues of $732.4 million for the quarter ended October 26, 2025; operating earnings of $66.9 million; and net earnings attributable to shareholders of the Corporation of $42.9 million ($0.51 per share). Adjusted operating earnings before depreciation and amortization(1) of $137.6 million for the quarter ended October 26, 2025; adjusted operating earnings(1) of $100.6 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $68.6 million ($0.82 per share). Revenues of $2,743.9 million for fiscal year 2025; operating earnings of $264.1 million; and net earnings attributable to shareholders of the Corporation of $171.0 million ($2.04 per share). Adjusted operating earnings before depreciation and amortization(1) of $466.2 million for fiscal year 2025; adjusted operating earnings(1) of $315.7 million;...

Day: December 10, 2025

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