Year: 2025
Kfar Saba, Israel, June 12, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announces its participation in recent live demonstrations and strategic engagements in the U.S. that underscore its commitment to advancing drone technologies used in the U.S., enhancing public safety, and supporting U.S. national security priorities.
On June 4, 2025, ParaZero showcased its innovative DropAir emergency supply delivery system and SafeAir drone safety technology at the Constellis Security Conference in Virginia, USA. The event attracted key players from U.S. emergency response, military, and security organizations, as well as international representatives from countries including...
BioNTech Announces Strategic Transaction to Acquire CureVac in Public Exchange Offer
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition will strengthen the research, development, manufacturing and commercialization of mRNA-based cancer immunotherapy candidates, marking BioNTech’s next key milestone in the execution of its oncology strategy
Acquisition of CureVac will complement BioNTech’s capabilities and proprietary technologies in mRNA design, delivery formulations, and mRNA manufacturing
Public exchange offer for all shares of CureVac where each share of CureVac will be exchanged for approx. $5.46 in BioNTech American Depositary Shares (“ADSs”), representing a premium of 55% to CureVac’s three-month volume weighted average price of approx. $3.53 as of June 11, 2025
All-stock acquisition has potential to create long-term value for both companies’ shareholders given their complementary capabilities, focus on mRNA innovation, and shared vision
Transaction...
Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment
Written by Customer Service on . Posted in Public Companies.
CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Southern California’s San Gabriel Valley. The 9.1-mile segment achieved substantial completion in January, and the project has been turned over to the Los Angeles County Metropolitan Transportation Authority (Metro) for final testing, training, and preparation for passenger service, which is anticipated to begin later this year. Once operational, the new extension will be renamed, as it will be part of the 48.5-mile Metro A Line system – the longest light rail line in the country, that will carry passengers between Long Beach and Pomona.
This extension of the Metro A Line is vital to the region’s vision for a more connected and sustainable...
Operating Results Improvements Continue at Hooker Furnishings in Q1
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Driven by Stable Legacy Sales and Ongoing Cost Savings Initiatives
MARTINSVILLE, Va., June 12, 2025 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 101 years, today reported its operating results for its fiscal 2026 first quarter ended May 4, 2025.
Key Results for the Fiscal 2026 First Quarter:The Company lowered its operating loss by $1.6 million, or 31%, from the prior year first quarter to $3.6 million, driven by cost-saving initiatives launched in the second half of last year and despite reduced net sales in the quarter.The Company reduced operating expenses by $2.2 million versus the prior year first quarter. This reduction occurred despite the first quarter fiscal 2026 results including $523,000...
Mowi ASA (OSE:MOWI): Signed EUR 2,600 million sustainability-linked credit facility agreement
Written by Customer Service on . Posted in Public Companies.
Mowi has today signed a EUR 2,600 million five-year sustainability-linked multicurrency revolving credit facility agreement with DNB, Nordea, Rabobank, ABN AMRO, Danske Bank, SEB and Crédit Agricole. The facility will be used to refinance existing bank debt and for general corporate purposes.
The principal financial covenant of the facility is a minimum equity ratio of 35%, and the facility includes an accordion increase option which provides flexibility for the parties to agree to increase the size of the facility by an additional EUR 400 million during the term of the facility. The facility supports Mowi’s goal of 100% green or sustainable financing. Interest on the facility is linked to Mowi’s performance against sustainability KPIs which are consistent with Mowi’s overall ESG strategy.
The refinancing is subject to customary closing...
Kaldvík AS: Redelivery of borrowed shares to person closely associated with primary insider
Written by Customer Service on . Posted in Public Companies.
Frøya, 12 June 2025: Reference is made to the stock exchange announcement by Kaldvík AS (the “Company”) on 5 June 2025 regarding share lending by Austur Holding AS in connection with the private placement of new shares in the Company (the “Private Placement”).
The share capital increase pertaining to tranche 1 of the Private Placement has now been registered, as announced by the Company yesterday on 11 June 2025, and the 1,724,097 shares that were lent out by Austur Holding AS, a close associate to Lars Måsøval, a primary insider in the Company, have now been redelivered to Austur Holding AS.
For more information about the redelivery of the lent shares, see the attached form of notification.
This information is subject to the disclosure requirements pursuant to MAR article 19 and Section 5-12 the Norwegian Securities...
Form 8.5 (EPT/RI)-Ricardo PLC
Written by Customer Service on . Posted in Public Companies.
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Name of exempt principal trader:
Investec Bank plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
Ricardo plc(c) Name of the party to the offer with which exempt principal trader is connected:
Investec is Joint Advisor and Joint Broker to Ricardo plc(d) Date dealing undertaken:
11th June 2025(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer,...
NewHydrogen’s Plan to Win the Green Hydrogen Race
Written by Customer Service on . Posted in Public Companies.
The Company’s ThermoLoop™ technology is being developed to replace expensive electrolyzers and could upend a $12 trillion market with a flood of the world’s cheapest green hydrogen
SANTA CLARITA, Calif., June 12, 2025 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTCQB: NEWH), developer of ThermoLoop™, a technology that uses water and heat to produce the world’s cheapest green hydrogen, today described its plan to replace expensive electrolyzers and win the renewable hydrogen race.
NewHydrogen CEO Steve Hill said, “Today, using electrolyzers is the only commercially available way to split water to produce renewable hydrogen. Electrolyzers have dominated the headlines, but their reign may be coming to an end. The time has come to kill electrolyzers!”
“The renewable hydrogen industry’s heavy bet on electrolysis is holding it...
NXP and Rimac Technology Co-Develop Centralized Vehicle Architecture for Advanced Domain and Zonal Control
Written by Customer Service on . Posted in Public Companies.
NXP and Rimac Technology Co-Develop Centralized Vehicle Architecture for Advanced Domain and Zonal ControlNXP and Rimac Technology’s jointly developed architecture provides an easy-to-use platform that allows the development and efficient integration of many different vehicle applications such as vehicle dynamics and charging control, energy and thermal management, and body electronics. The S32E2, at the heart of it, allows the consolidation of over 20 ECUs into just three centralized units.Rimac Technology is the first to deploy NXP’s S32E2 real-time processor series in its upcoming next-generation ECU platform for software-defined vehicles (SDV)
NXP and Rimac’s jointly developed centralized architecture consolidates more than 20 electronic control units into just three centralized units
Collaboration enables OEMs to adopt SDV...
Aerospace and defense leaders are prioritizing digital continuity to tackle industry disruption
Written by Customer Service on . Posted in Public Companies.
Press contact: Florence Lièvre Tel.: +33 1 47 54 50 71Email: florence.lievre@capgemini.com
Aerospace and defense leaders are prioritizing digital continuity to tackle industry disruption77% of aerospace and defense leaders believe improving digital continuity will accelerate production ramp-up as it drives shorter time to market, with a 13% reduction on average
More than 8 out of 10 (86%) defense organizations recognize the need to integrate AI and gen AI in engineering and product development Paris, June 12 2025 – The Capgemini Research Institute’s latest report, ‘The strategic edge: How digital continuity drives business outcomes in aerospace and defense,’ published today, finds that digital continuity1 – the seamless integration of data and information across all stages of the product lifecycle and linked to the external partner...