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Year: 2025

NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2024

FARGO, N.D., March 07, 2025 (GLOBE NEWSWIRE) — NI Holdings, Inc. (“NI Holdings,” or the “Company,” NASDAQ: NODK) announced today results for the year ended December 31, 2024. Summary of Year-End 2024 Results(All comparisons vs. continuing operations for the year-end 2023, unless noted otherwise)Strong fourth quarter net income of $9.9 million, with 16.2% return on average equity. Fourth quarter combined ratio of 80.0%, up 1.3 pts compared to the prior year quarter, reflecting excellent underwriting results in our Private Passenger Auto and Home and Farm segments, partially offset by unfavorable prior year reserve development and further current year reserve strengthening in Non-Standard Auto. Combined ratio of 100.7% for full year 2024 versus 97.0% for the prior year, driven by unfavorable prior year reserve development in Non-Standard...

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PDF Solutions Completes Acquisition of secureWISE, LLC

SANTA CLARA, Calif., March 07, 2025 (GLOBE NEWSWIRE) — PDF Solutions, Inc. (NASDAQ: PDFS), today announced it has closed the acquisition of secureWISE, LLC, a widely used secure, remote connectivity solution in the semiconductor manufacturing equipment industry, from Telit IOT Solutions Inc. By acquiring secureWISE, PDF Solutions expects to extend its leadership in data, analytics, and connectivity for the semiconductor industry ecosystem by significantly expanding PDF Solutions’ manufacturing connectivity network to include most of the 300mm fabs in the world. PDF’s footprint in the outsourced semiconductor assembly and test market is expected to accelerate the rate at which secureWISE moves into that part of the supply chain as well. “We are pleased to welcome secureWISE to the PDF Solutions team,” said Dr. John Kibarian, President,...

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Nokia Corporation: Repurchase of own shares on 07.03.2025

Nokia CorporationStock Exchange Release7 March 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 07.03.2025 Espoo, Finland – On 7 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 2,323,101 4.80CEUX 1,122,657 4.81BATE – –AQEU 169,407 4.80TQEX 128,083 4.80Total 3,743,248 4.81* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the...

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SS Innovations International Launches the 2nd Global Robotic Surgery Conference, SMRSC 2025

FORT LAUDERDALE, Fla., March 07, 2025 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (OTC: SSII) (“SS Innovations” or the “Company”), a developer of innovative surgical robotic technologies dedicated to making world-class robotic surgery affordable for and accessible to a global population, announced the launch of its 2nd Global Multi-Specialty Robotic Surgery Conference (SMRSC 2025), organized in collaboration with leading medical societies from both national and international platforms, to be held in Gurugram, Delhi National Capital Region (NCR), India, from March 7th to 9th , 2025. Physicians and other participants attending from all parts of the world, will have the opportunity to explore the latest advancements in robotic surgery, with a special focus on the Company’s SSi Mantra 3 Robotic Surgical System. The cutting-edge...

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Novaturas attracted a strategic investor – it intends to acquire 33% of shares

Novaturas Group, which earlier this week announced plans to attract a strategic partner to expand its operations, informs that the company’s shareholders have concluded a contract with a new investor. Under the signed binding agreement, which is intended for the conclusion of the main contract, shares from four existing shareholders of Novaturas are planned to be acquired by Neset Kockar, a well-known Turkish tourism businessman and investor, who owns businesses in international aviation, real estate, tourism, and other industries.  “The arrival of a strategic investor is an important step in the growth of Novaturas Group, opening up new expansion opportunities. This synergy with our new shareholder’s businesses will enable us to develop integrated travel solutions, ensuring even more attractive offers to our customers...

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Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Fourth Quarter 2024 Financial Results

NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fourth quarter and fiscal year ended December 31, 2024. Blade will conduct the call at 8:00am ET on Thursday, March 13, 2025. Starting today, any shareholder will be able to submit and upvote questions to management of the Company. To submit questions ahead of the conference call, please visit the Say platform here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker’s website. The Q&A platform will remain open through Wednesday, March 12 at 9:30am ET. An audio-only webcast of the call may be accessed...

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Progyny, Inc. to Participate in Upcoming Investor Conferences

NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a transformative fertility, family building, and women’s health benefits solution, today announced it expects to participate in several upcoming investor conferences. Progyny executives will participate in a fireside chat at the Leerink Partners Global Healthcare Conference in Miami, FL on Monday, March 10, 2025, at 11:20 a.m. Eastern Time. The executives will then be participating in meetings at the Barclays 27th Annual Global Healthcare Conference in Miami, FL on Tuesday, March 11, 2025. Pete Anevski, Chief Executive Officer, will also participate in a virtual fireside chat at the KeyBanc Capital Markets Healthcare Forum on Wednesday, March 19, 2025, at 2:15 p.m. Eastern Time. A live audiocast and replay of the fireside chats will be available from the...

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Incannex Healthcare Inc. Announces Pricing of $12.5 Million Private Placement Priced at the Market Under Nasdaq Rules

Funds to support the advancement of Incannex’s IHL-42X Phase 2/3 Obstructive Sleep Apnea (OSA) clinical program through U.S. Phase 2 completion, topline readout, and its expansion into a global Phase 3 study. NEW YORK and MELBOURNE, Australia, March 07, 2025 (GLOBE NEWSWIRE) — Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company leading the way in developing oral combination medicines, today announced that it has entered into security purchase agreements with certain institutional investors for the purchase and sale of 11,574,090 shares of the Company’s common stock for a purchase price of $1.08 per share of common stock (or common stock equivalents in lieu thereof) and Series A common stock warrants (the “Series A Warrants”) to purchase up to 11,574,090 shares of common stock at an initial...

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Bel Announces Grand Opening of New Facility in India

WEST ORANGE, N.J., March 07, 2025 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the grand opening of its new facility in Manesar, Gurugram, India, a critical milestone following Bel’s acquisition of Enercon in November 2024. The original Enercon factory in India, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. The new facility will enable our Power Solutions and Protection segment to double its manufacturing capacity in India. This expands the overall Bel footprint outside of China thus providing more optionality for our customers.  Dan Bernstein, President and CEO of Bel, commented, “We’re excited to be celebrating the opening of our new facility in India. This project was underway by the Enercon team at the time of our acquisition...

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Saga Communications, Inc. Provides Strategic Update in Advance of March 11 Earnings Call

GROSSE POINTE FARMS, Mich., March 07, 2025 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq: SGA) (the “Company,” “Saga,” “we” or “our”) today provided its shareholders with an update on the Company’s ongoing execution of its strategic plan in advance of its earnings call on March 11, 2025. Saga Chief Executive Officer Chris Forgy stated, “Since Saga’s founding in 1986, we have endeavored to create and sustain a platform for which we can successfully acquire, develop, and operate broadcast properties with a focus on providing opportunities complimentary to our core radio business, including digital, e-commerce, local on-line news services and non-traditional revenue initiatives. At present, Saga owns 82 FM radio stations, 31 AM radio stations, and 79 metro signals serving 28 markets. While we are proud of all that we have accomplished,...

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