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Year: 2025

JBS USA Enters Agreement to Acquire and Expand Production Facility in Ankeny, Iowa

Company to Invest $100 Million to Purchase and Enhance Prepared Foods Production GREELEY, Colo., Aug. 13, 2025 (GLOBE NEWSWIRE) — JBS USA, one of the world’s leading food companies, today announced it has reached an agreement to purchase a production facility in Ankeny, Iowa, with plans to build out the largest ready-to-eat bacon and ready-to-eat sausage plant in the company’s U.S. portfolio. The facility was previously owned and operated by Hy-Vee. The 186,000 square-foot facility will be transformed to produce fully cooked bacon and sausage products. The location previously produced other types of food for Hy-Vee stores. Due to the type of work involved, JBS is looking to hire former employees who previously worked at the facility for the retailer. After the initial capital investments and construction are complete, the plant...

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McKinley Acquisition Corp Announces Closing of $150 Million Initial Public Offering

NEEDHAM, Mass, Aug. 13, 2025 (GLOBE NEWSWIRE) — McKinley Acquisition Corporation (Nasdaq: MKLYU) (the “Company”) announced today that it closed its initial public offering of 15,000,000 units.  The offering was priced at $10.00 per unit resulting in gross proceeds of $150,000,000. The units are listed on The Nasdaq Global Market under the symbol “MKLYU”. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Company’s initial business combination.  Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols “MKLY” and “MKLYR,” respectively. Of the proceeds received from the consummation of the initial public offering and...

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Condor Announces 2025 Second Quarter Results and USD $5.0 Million Bridge Loan

CALGARY, Alberta, Aug. 13, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2025 (the “Financial Statements”), together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR+ at www.sedarplus.ca and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated. HIGHLIGHTSProduction in Uzbekistan for the...

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Enovix Shareholder Third Reminder: Early Warrant Expiration Price Condition

Enovix Warrants: 17 of 17 Trading Days Above $10.50 FREMONT, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for seventeen consecutive trading days since the distribution of the warrants to purchase common stock (the “Warrants”), currently traded on Nasdaq under ENVXW. Today’s closing price for Enovix common stock was $10.98 per share and the Warrants remain $2.23 in-the-money based on their $8.75 per share exercise price. As a reminder, under the Warrant Agreement, if our stock trades at or above $10.50 on any 20 out of 30 trading days, the Warrants could expire as early as 5 p.m. New York City time the next business day. The earliest expiration date...

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Optiva Inc. Reports Second Quarter 2025 Financial Results

All amounts are stated in United States dollars unless otherwise indicatedRevenue of $10.3 million Total Contract Value (“TCV”)(1) bookings of $26.6 million Gross margin of 49% Adjusted EBITDA(1) loss of $1.6 million EPS loss of $ 0.71 $12.9 million of cashTORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its second quarter financial results for the three-month period ended June 30, 2025. Demonstrating continued bookings growth, during the second quarter, Optiva was selected by two new customers, a Tier 1 European mobile virtual network operator (MVNO) and a Tier 1 European telecom. This brings the total to 13 new customers in two...

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Binah Capital Group Reports Second Quarter 2025 Results

– Grew Total Revenue 2% Year-over-Year to $42 Million – – Assets Under Management (“AuM”) Increased 11% Year-over-Year to $28 Billion – – Net Loss of $0.7 Million, Comparable to the Prior Year – – Increased EBITDA* to $1.0 Million from $0.6 Million in the Prior Year – NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a diversified financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, across brokerage, advisory, and insurance solutions, today announced results for the quarter ended June 30, 2025. “We are pleased to report another strong performance this quarter, further demonstrating our advisor-centric platform built...

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Stardust Power Announces Q2 2025 Financial Results

GREENWICH, Conn., Aug. 13, 2025 (GLOBE NEWSWIRE) — Stardust Power Inc. (“Stardust Power” or the “Company”) (Nasdaq: SDST), an American developer of battery-grade lithium products, today announced its results for the second quarter ended June 30, 2025. Second Quarter 2025 Business Updates and Subsequent Events Operational highlights for the second quarter of 2025 include:Successfully closed an underwritten public offering on June 18, 2025, resulting in gross proceeds of approximately $4.52 million which included the closing of the underwriters’ partial exercise of their over-allotment option on June 25. Made significant progress on the FEL-3 definitive engineering study which is currently undergoing third-party validation and internal review. Formed a strategic partnership with Ohio University to advance lithium extraction and...

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Precipio Announces its Q2-2025 Financial Results

Conference call to follow tomorrow, August 14 at 5 PM EST NEW HAVEN, Conn., Aug. 13, 2025 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), filed its 10-Q report today. The following are the highlights of the Company’s financial performance and outlook for 2025. “Yet another quarter of revenue growth in both company divisions, along with overall gross margin improvement, has led to an improved cash performance for the Company. With the remaining repayment of the Change Healthcare loan to be completed by the end of the year, and continued strength in both revenue and margin growth, management believes that the Company is on track to end the year as a cash flow positive business, and with a debt-free, strong balance sheet,” said Ilan Danieli, Precipio’s CEO. Q2-2025 Financial Results:Revenues....

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D-BOX Reports Record Royalty Revenues and $2.0 Million Net Profit in First Quarter Fiscal 2026

Q1 Fiscal 2026 HighlightsRecord royalties of $4.0 million Record adjusted EBITDA1 of $3.3 million Total revenues of $13.0 million Net profit of $2.0 million after a $0.9 million restructuring chargeMONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Company”) (TSX: DBO) today reported financial results for its first quarter ended June 30, 2025. “In Q1 2026, D-BOX delivered robust financial performance with record royalty growth and strong profitability,” said Naveen Prasad, interim CEO of D-BOX. “Following record revenues and net income performance for the full fiscal year 2025, the Company continues to demonstrate the strength of our royalty-focused model, expanded theatrical footprint and disciplined expense control.” Q1 2026 Operating Results In Q1 2026, total revenues were $13.0...

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Stantec reports second quarter 2025 results, delivering over 20% growth in adjusted earnings per share and increases its 2025 outlook

HighlightsNet revenue of $1.6 billion, an increase of 6.9% compared to Q2 2024 Adjusted EBITDA1 increase of 15.0% to $284.4 million and adjusted EBITDA margin1 of 17.8%, a 120 basis point increase over Q2 2024 Diluted EPS of $1.19 and adjusted EPS1 of $1.36, up 63.0% and 21.4%, respectively, compared to Q2 2024 Contract backlog of $7.9 billion, up 9.9% year-over-year, including 9% organic growth Acquired Cosgroves, a 90-person industry-leading firm, expanding buildings engineering capabilities in New Zealand Closed the acquisition of Page, a 1,400 person US-based design, architecture and engineering firm Increased guidance for net revenue, EBITDA margin, adjusted diluted EPS and adjusted ROIC to reflect strong performance year-to-date and the closure of the Page acquisition.EDMONTON, Alberta and NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE)...

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