Year: 2025

HilleVax Reports Full Year 2024 Financial Results and Highlights Recent Company Progress

Written by Customer Service on March 28, 2025. Posted in Earnings Releases And Operating Results.

$171.4 million of cash, cash equivalents and marketable securities as of December 31, 2024 The company is exploring the potential for continued development of its norovirus vaccine candidates in adults as well as business development related activities and other strategic alternatives BOSTON, March 28, 2025 (GLOBE NEWSWIRE) — HilleVax, Inc. (Nasdaq: HLVX), a clinical-stage biopharmaceutical company focused on developing and commercializing novel vaccines, today reported financial results for the year ended December 31, 2024. Full Year 2024 Financial Results As of December 31, 2024 and December 31, 2023, the company had cash, cash equivalents and marketable securities totaling $171.4 million and $303.5 million, respectively. Research and development expenses for the fourth quarter 2024 were $9.2 million and $78.2 million for the...

WF Holding Limited Announces Closing of Initial Public Offering

Written by Customer Service on March 28, 2025. Posted in Public Companies.

KUALA LUMPUR, March 28, 2025 (GLOBE NEWSWIRE) — WF Holding Limited (“WF Holding” or “Company”), a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, announced today the successful closing of its initial public offering of 2,000,000 ordinary shares, par value $0.00005 per share (the “Ordinary Shares”), at a public offering price of $4.00 per share. The offering generated total gross proceeds of $8 million, before deducting underwriting discounts and other offering expenses. The Company’s Ordinary Shares started trading on the Nasdaq Capital Market on March 27, 2025 under the ticker symbol “WFF.” In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts. The Company intends to use...

Token Cat Limited Announces Filing of its Annual Report on Form 20-F

Written by Customer Service on March 28, 2025. Posted in Public Companies.

BEIJING, March 28, 2025 (GLOBE NEWSWIRE) — Token Cat Limited (“Token Cat” or the “Company”) (NASDAQ: TC), a leading automotive marketplace in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on March 28, 2025. The annual report, which contains the Company’s audited consolidated financial statements, can be accessed on the Company’s investor relations website at https://ir.tuanche.com/ or the SEC’s website at https://www.sec.gov/. The Company will provide a hard copy of the annual report, free of charge, to its shareholders and American Depositary Share holders upon request. About Token Cat Limited Founded in 2010, Token Cat Limited, formerly known as TuanChe...

Markforged Announces Fourth Quarter and Full Year 2024 Results

Written by Customer Service on March 28, 2025. Posted in Earnings Releases And Operating Results.

WALTHAM, Mass., March 28, 2025 (GLOBE NEWSWIRE) — Markforged Holding Corporation (NYSE: MKFG) (“Markforged”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Results Compared To Fourth Quarter 2023Revenue was $22.4 million compared to $24.2 million. Gross margin was 44.8% compared to 48.4%. Non-GAAP gross margin was 46.4% compared to 49.5%. Operating expenses were $25.0 million compared to $31.1 million. Non-GAAP operating expenses were $19.9 million compared to $24.9 million. Net loss was $11.9 million compared to net loss of $14.2 million. Non-GAAP net loss was $9.0 million compared to a loss of $11.6 million. Cash and cash equivalents, including...

Magna Posts 2024 Annual Report

Written by Customer Service on March 28, 2025. Posted in Public Companies.

AURORA, Ontario, March 28, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2024 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar). Please click HERE for the 2024 Annual Report. Please click HERE for the Annual Information Form. Our 2025 Annual and Special Meeting of Shareholders will be held on Thursday, May 8, 2025, commencing at 10:00 a.m. (Eastern Daylight Time). The meeting is being conducted...

Expo Experts, a TalentAlly Sub-Brand, Launches Clearance Match to Streamline Hiring of Cleared Talent

Written by Customer Service on March 28, 2025. Posted in Public Companies.

CHICAGO, March 28, 2025 (GLOBE NEWSWIRE) — Expo Experts, a sub-brand of TalentAlly, is proud to introduce its newest product. Clearance Match reduces costs and logistical challenges of hiring security cleared talent by strategically matching employers with individuals with active security clearance and over 2 years of post-education work experience. With security clearance jobs projected to rise by 7 – 10% through 2025, the demand for people who have already obtained their security clearance has become increasingly sought after by recruiters. With the introduction of Clearance Match, Expo Experts bridges this gap by efficiently pairing job seekers with recruiters based on their mutual requirements. Clearance Match streamlines recruitment in the security clearance industry by reducing employer search time and eliminating candidate...

Mawson Infrastructure Group Inc. Reports Fiscal Year 2024 Financial Results

Written by Customer Service on March 28, 2025. Posted in Earnings Releases And Operating Results.

136% Y/Y Revenue Growth in Digital Colocation Business 42% Y/Y Revenue Growth in Energy Management Business 35% Y/Y Increase in Overall Gross Profit Expanded into Artificial Intelligence (AI) and High-Performance Computing (HPC) markets MIDLAND, Pa., March 28, 2025 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced its financial and operational results for the year ended December 31, 2024. Rahul Mewawalla, the Company’s CEO and President, commented, “We have led the Company through a journey of transformation through the year, and as a result, we are pleased to deliver...

Brookfield Real Assets Income Fund Inc. Declares Q2 2025 Distribution Schedule

Written by Customer Service on March 28, 2025. Posted in Dividend Reports And Estimates.

NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) — Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) today announced that its Board of Directors (the “Board”) declared the Fund’s monthly distributions for April, May and June 2025. Distribution ScheduleMonth Record Date Ex-Dividend Date Payable Date Amount per ShareApril 2025 April 10, 2025 April 10, 2025 April 24, 2025 $0.1180May 2025 May 8, 2025 May 8, 2025 May 22, 2025 $0.1180June 2025 June 12, 2025 June 12, 2025 June 26, 2025 $0.1180 Shares purchased on or after the applicable ex-distribution dates will not receive the distributions discussed above. Distributions may include net investment income, capital gains and/or return of capital. Any portion of the Fund’s distributions that is a return of capital does not necessarily reflect the Fund’s...

Fantribe Inc. Announces Termination of Definitive Acquisition Agreement with Tritent International Corp.

Written by Customer Service on March 28, 2025. Posted in Mergers And Acquisitions.

MIAMI, March 28, 2025 (GLOBE NEWSWIRE) — Fantribe, Inc. (the “Company”), a digital media platform connecting athletes, celebrities, and creators with their fans through immersive and monetizable experiences today announced that it has terminated its definitive agreement with Tritent International Corp., (OTC: TICJ) which was entered into on January 13, 2025. As a result of certain conditions not being met within the share purchase and definitive agreement, the Company along with Tritent International will mutually terminate the agreement. Michael Friedman, Chief Executive Officer of Fantribe, stated: “While the termination of the present transaction is unfortunate, our top priority is always the growth of our Company and the best interest of our valued shareholders. Due to certain unmet conditions within the definitive agreement...

Xos, Inc. Reports Record-Breaking 2024 with Growing Unit Deliveries and Highest-Ever Gross Profit

Written by Customer Service on March 28, 2025. Posted in Earnings Releases And Operating Results.

Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Full Year 2024 Highlights:2024 revenue increased to $56.0 million, up from $44.5 million in 2023 Delivered 297 units, up from 283 units in 2023 Improved GAAP gross margins from a negative 2.9% in 2023 to positive 7.1% in 2024 and non-GAAP gross margins...

Year: 2025

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