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Day: December 17, 2025

E.F. Hutton Advises on Strategic Merger Between Apimeds and MindWave, Aligning Biotech Growth with AI-Enabled Financial Innovation

NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) — E.F. Hutton is proud to have served as an Exclusive M&A Advisor in the recently completed merger between Apimeds Pharmaceuticals US Inc. (NYSE American: APUS) and Mindwave Innovations Inc. The merger brings together a biotech development platform with an AI-powered digital treasury infrastructure supported by a $100 million PIPE commitment, for which E.F. Hutton acted as Placement Agent. E.F. Hutton’s involvement underscores its commitment to advancing the combined company’s strategic growth across late-stage biotech development and institutional Digital Asset Treasury Solutions. E.F. Hutton worked closely with both companies to shape the transaction framework, coordinate investor participation, and guide the capital raise through a complex diligence and negotiation process. The merger...

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HUB Cyber Security (Nasdaq: HUBC) Announces First Half 2025 Results and Declares Its Strategic Mission: Build the Global Trust Infrastructure for the Digital Economy

TEL AVIV, Israel, Dec. 17, 2025 (GLOBE NEWSWIRE) — HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”) today announced selected financial results for the six-month period ended June 30, 2025, and outlined the Company’s accelerated strategy to become the global trust infrastructure for identity, secure data, and regulated AI across industries and national ecosystems. The Company will announce the timing of its business update call in due course. The results reflect meaningful progress in strengthening the Company’s operating profile, improving margin structure, and advancing balance-sheet stabilization initiatives. Financial and Operational HighlightsRevenue of $15.1 million for the first half of 2025. Gross Margin surged to 23%, up from 10% last year, following a structural shift that more than doubles HUB’s margin...

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Progressive Reports November 2025 Results

MAYFIELD VILLAGE, OHIO, Dec. 17, 2025 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2025:  November(millions, except per share amounts and ratios; unaudited)   2025     2024   ChangeNet premiums written $ 6,193   $ 5,563   11   %Net premiums earned $ 6,894   $ 6,040   14   %Net income $ 958   $ 1,006   (5 ) %Per share available to common shareholders $ 1.63   $ 1.71   (5 ) %Total pretax net realized gains (losses) on securities $ 32   $ 175   (82 ) %Combined ratio   87.1     85.6   1.5   pts.Average diluted equivalent common shares   588.0     587.7   0   %  November 30,(thousands; unaudited) 2025   2024   % ChangePolicies in Force          Personal Lines          Agency – auto 10,713   9,700   10Direct...

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Eldorado Gold Purchases Additional Shares in Amex Exploration

VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) (“Eldorado” or the “Company”) Eldorado Gold Corporation (“Eldorado”) advises that effective December 17, 2025, it has acquired ownership of 14,868,200 common shares (“Shares”) of Amex Exploration Inc. (“Amex”) at a price per Share of C$4.00, for total consideration of C$59,472,800, pursuant to a private agreement with a third party (the “Share Acquisition”). Prior to the Share Acquisition, Eldorado beneficially owned and controlled 23,758,130 common shares of the Company and 207,000 common share purchase warrants, each warrant entitling the holder to acquire one Share (the “Warrants”), representing approximately 16.77% of the outstanding common shares on a non-diluted basis and approximately 16.89% on a partially...

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Rexel: Denial of rumors regarding Rexel acquisition

Denial of rumors regarding Rexel acquisition In line with its communication practices, the company does not intend to comment on market rumors. Following the article published in La Lettre today, the company would nevertheless like to clarify that, as of today, it has no ongoing contacts and is not conducting any negotiations with potential buyers. The company remains focused on executing its strategy and creating value for all of its stakeholders.         ABOUT REXEL GROUP Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets: residential, non-residential, and industrial. The Group supports its residential, non-residential, and industrial customers by providing a tailored and scalable range of products and services in energy management for construction,...

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Renowned AI Expert Xi Chen Joins Compass Lexecon

WASHINGTON, Dec. 17, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that Dr. Xi Chen, Professor and Andre Meyer Faculty Fellow at the Department of Technology, Operations and Statistics at the New York University Stern School of Business, has affiliated with its subsidiary Compass Lexecon. Dr. Chen, who is based in New York, is an award-winning expert in machine learning, artificial intelligence, quantitative economics and digital platforms. He has collaborated on major AI and platform-related projects with Google, Meta, Adobe, Bloomberg, Alibaba and JPMorganChase, covering digital markets, algorithmic recommendation, privacy and financial forecasting. In his role at Compass Lexecon, Dr. Chen will work closely on issues central to today’s litigation landscape, including digital market competition, online...

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Nayax Partners with Unipaas to Launch Fully Integrated Card-Present Payments Solution for UK SaaS Platforms

HERZLIYA, Israel, Dec. 17, 2025 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced its strategic partnership with Unipaas, the leading embedded payments provider for SaaS platforms, to deliver a fully unified card present and online payments solution for SaaS platforms in the UK. Through this collaboration, Unipaas expands its embedded payments platform to support both digital and physical environments with POS devices powered by Nayax, offering together a complete payments solution. Unipaas will integrate Nayax’s retail solutions of Nova Modu and Nova 55F mobile terminals into its AI-powered embedded payments platform, adding advanced in-person capabilities to its embedded digital payments suite. All...

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Alliance Police Department Commits to Non-Lethal Response with Full BolaWrap® 150 Rollout

MIAMI, Dec. 17, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in non-lethal response and public-safety technology solutions, today announced that the Alliance Police Department (“Alliance PD”) has partnered with Wrap to purchase and deploy BolaWrap® 150 devices across the department and is expected to become the first reported municipal police department in the State of Nebraska to equip every sworn officer with an immediate non-lethal response option. We believe the deployment reflects Alliance PD’s and Chief Leavitt’s commitment to modern policing strategies that emphasize safer outcomes for both officers and the community. The program is structured as an integrated non-lethal response framework that combines equipment, training, tactics, and policy alignment rather...

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Terra Innovatum Advances NRC Licensing of SOLO™ Reactor Licensing Through Expanded Regulatory Submissions

New SOLO™ Micro-Modular Reactor Submissions Advance Licensing as Low-Consequence Regulatory Framework Takes Shape NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) — Terra Innovatum Global N.V. (“Terra Innovatum” or the “Company”) (NASDAQ: NKLR), a developer of micro-modular nuclear reactors today announced continued substantive progress in the licensing of its SOLO™ Micro-Modular Reactor (MMR) through active engagement with the U.S. Nuclear Regulatory Commission (NRC), reinforcing the company’s position at the forefront of next-generation nuclear deployment. Despite the federal government shutdown, during the last quarter of 2025, Terra Innovatum has had in excess of 10 face-to-face presentation and online meetings with the NRC in which the Company has detailed a comprehensive suite of technical and regulatory...

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Bombardier Announces $500 Million Debt Repayment and Confirms Deleveraging Plan on Target

MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) — Bombardier today confirmed the company is on track to reach its previously stated net leverage ratio target of 2.0–2.5x. With the $500 million debt redemption notice announced on December 17, which is expected to close by Feb 17, 2026, the Bombardier team will have successfully reduced its long-term debt by $5.5 billion since December 2020, generating annualized interest cost savings of more than $409 million (1). This achievement reflects Bombardier’s proactive focus on responsibly deploying capital and proactively managing its debt maturity runway—all to ensure flexibility to invest in strategic growth initiatives that will further deliver value. In parallel to this, the company has seen multiple credit-rating upgrades, having most recently reached a Ba3 rating from Moody’s and BB- from...

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