Year: 2025
TORONTO, Dec. 29, 2025 (GLOBE NEWSWIRE) — Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) (“Argo” or the “Company“), a leader in next-generation transit solutions, announces that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement (the “Offering”) on December 22, 2025. Closing of the first tranche of the Offering resulted in the issuance of 3,500,000 common shares to TheVentureCity at a price of $0.40 per common share for aggregate gross proceeds of $1,400,000.
TheVentureCity is a global venture fund founded by Laura González-Estéfani, with investments in over 120 companies across North America, Europe, and Latin America. González-Estéfani was an early employee of Facebook from 2008, where she led international growth across Europe and Latin America,...
Kandal M Venture Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Written by Customer Service on . Posted in Public Companies.
Cambodia, Dec. 29, 2025 (GLOBE NEWSWIRE) — Kandal M Venture Limited (Nasdaq: FMFC) (“Kandal” or the “Company”), a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced it has received a letter of noncompliance from The Nasdaq Stock Market LLC (“Nasdaq”), dated December 22, 2025, notifying the Company that based on Kandal’s closing bid price for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq, under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
However, pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180-day period the closing bid price of the Company’s...
Credicorp Ltd.: Banco de Crédito del Perú to acquire 100% of Helm Bank USA
Written by Customer Service on . Posted in Public Companies.
Acquisition strengthens cross-border capabilities and reinforces Credicorp’s commitment to serving internationally active clients
Lima, Dec. 29, 2025 (GLOBE NEWSWIRE) — Lima, PERU, December 29, 2025 – Credicorp Ltd. (“Credicorp”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, Panama and United States of America, today announced that its subsidiary Banco de Crédito del Perú (“BCP”) has entered into an agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA (“Helm Bank”) for USD 180 million, subject to customary price adjustment at closing.
Helm Bank, a Florida state-chartered community bank, had USD 1.1 billion in assets and USD 106.8 million in shareholders’ equity as of September 30, 2025. We believe that the transaction strengthens...
Applied Digital to Spin Out Cloud Business, Proposes Business Combination with EKSO to Launch ChronoScale
Written by Customer Service on . Posted in Mergers And Acquisitions.
Proposed Business Combination with Nasdaq-listed EKSO to Form an Accelerated Focused GPU Platform Purpose Built for Next-Generation AI Workloads
DALLAS, Dec. 29, 2025 (GLOBE NEWSWIRE) — Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking and blockchain workloads, and EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) (“EKSO”) announced today that Applied Digital and EKSO entered into a non-binding term sheet for a proposed business combination of Applied Digital’s cloud computing business, Applied Digital Cloud, with EKSO, which, once closed, will go forward as ChronoScale Corporation, an accelerated compute platform purpose-built to support artificial intelligence (“AI”) workloads (the “Proposed...
OBOOK Holdings Inc. Announces Unaudited Financial Results for the First Half of 2025 Ended June 30, 2025; Core Infrastructure Transition Near Completion; Enterprise Activation and Monetization
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ARLINGTON, Va., Dec. 30, 2025 (GLOBE NEWSWIRE) — OBOOK Holdings Inc. (NASDAQ: OWLS) (the “Company” or “OwlTing”), a blockchain technology company operating as the OwlTing Group, today announced its unaudited financial results for the first half of 2025 ended June 30, 2025. The Company also highlighted the near completion of its core global payment infrastructure and progress toward enterprise-scale stablecoin payment activation beginning in 2026.
First Half 2025 Operational and Financial Highlights2025 marked a pivotal transition year for OwlTing, representing the near completion of the core global payment infrastructure, including regulatory, settlement, processing capacity, and compliance capabilities required to support enterprise-scale stablecoin payments.
With the infrastructure now largely in place and early enterprise...
Royalty Pharma Acquires Remaining Royalty Interest in Roche’s Evrysdi for $240 Million and Potential Milestones
Written by Customer Service on . Posted in Mergers And Acquisitions.
Royalty Pharma will now own 100% of the 8% to 16% Evrysdi royalty following multiple transactions with PTC since 2020
NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today announced that it has acquired the final portion of PTC Therapeutics’ remaining royalty on Roche’s Evrysdi for $240 million upfront and up to $60 million in sales-based milestones.
Evrysdi, marketed by Roche, is an orally administered survival motor neuron-2 (SMN2) splicing modifier for the treatment of spinal muscular atrophy. Evrysdi was approved by the FDA in 2020 and has treated over 21,000 patients worldwide. In 2024, Evrysdi generated sales of approximately CHF 1.6 billion ($1.9 billion), representing 18% year-over-year growth at constant exchange rates, and is projected to reach CHF 2.3 billion ($2.9 billion) of sales by 2030...
Reed’s, Inc. Announces Appointment of Neal Cohane as Chief Operating Officer
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NORWALK, Conn., Dec. 29, 2025 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE American: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced the appointment of Neal Cohane as Chief Operating Officer, effective January 5, 2026.
Mr. Cohane brings decades of leadership experience across the beverage industry and a proven track record of building high-performing commercial organizations, scaling national distribution, and driving sustainable growth for consumer brands. Most recently, he served as Chief Sales Officer at Eastroc Beverages and previously founded Rootstock Brands, Inc., where he advised beverage companies on go-to-market strategy and execution. Mr. Cohane is well known to Reed’s, having previously served as the Company’s Chief Sales Officer for more...
Daily Journal Corporation Announces Fiscal Year 2025 Financial Results
Written by Customer Service on . Posted in Public Companies.
Fiscal Year 2025 Achieves Annual Revenue of $87.7 Million, Reflecting a 25% Increase Year Over Year
LOS ANGELES, Dec. 29, 2025 (GLOBE NEWSWIRE) — Daily Journal Corporation (Nasdaq: DJCO), a publishing and technology company, today announced financial results for the fiscal year ended September 30, 2025. Total consolidated revenue for fiscal year 2025 was $87.7 million, representing a 25% increase from the $69.9 million reported in fiscal year 2024, driven primarily by growth at Journal Technologies.
“Fiscal year 2025 was an exceptional year for Daily Journal Corporation, highlighted by record revenue and continued momentum at Journal Technologies,” said Steven Myhill-Jones, Chairman of the Board and Chief Executive Officer of Daily Journal Corporation. “Journal Technologies delivered strong growth across consulting, e-filing and...
HII Delivers Destroyer Ted Stevens (DDG 128) to U.S. Navy
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PASCAGOULA, Miss., Dec. 29, 2025 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division has delivered Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128) to the U.S. Navy. This marks the second Flight III Arleigh Burke-class destroyer to be delivered by Ingalls shipbuilders.
“The delivery of Ted Stevens reflects the strong momentum of our destroyer program as we accelerate Flight III production and bring enhanced capabilities to the fleet,” said Brian Blanchette, Ingalls Shipbuilding president. “We are honored to deliver DDG 128 to the Navy knowing that it will stand as a powerful asset in strengthening U.S. maritime security for decades to come.”
The future USS Ted Stevens represents the next generation of surface combatants for the U.S. Navy, featuring the second-in-class Flight III AN/SPY-6 (V)1 radar...
MKDWELL Tech Inc. Reports First Half of Fiscal Year 2025 Unaudited Financial Results
Written by Customer Service on . Posted in Public Companies.
New York, Dec. 29, 2025 (GLOBE NEWSWIRE) — MKDWELL Tech Inc. (the “Company”, “we”, “our”, or “us”) (Nasdaq: MKDW), a business company incorporated in the British Virgin Islands (“BVI”) with operations in Mainland China and Taiwan, today announced its unaudited financial results for the six months ended June 30, 2025.
First Half 2025 Financial Highlights
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Total revenues in the first half of 2025 were US$1.37 million, representing an increase of 68.3% from US$0.81 million in the same period of 2024.
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Gross profit in the first half of 2025 was US$0.09 million with a gross profit margin of 6.5%, compared to US$0.07 million with a gross profit margin of 8.2% in the same period of 2024.
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Loss from operations in the first half of 2025 was US$1.48 million, representing a decrease of 4% from US$1.54 million in the same period...
