Edison, New Jersey, Aug. 18, 2025 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) issued its results for the thirteen and twenty-six weeks ended June 28, 2025 and June 29, 2024 today.
Tofutti Brands reported net sales for the thirteen weeks ended June 28, 2025 decreased by $254,000, or 11%, from net sales of $2,283,000 for the thirteen weeks ended June 29, 2024 to $2,029,000 for the thirteen weeks ended June 28, 2025. Sales of our vegan cheese products decreased to $1,708,000 in the thirteen weeks ended June 28, 2025 from $1,926,000 in the thirteen weeks ended June 29, 2024, due to increased competition in the vegan cheese category. Sales of our frozen dessert products decreased to $321,000 in the thirteen weeks ended June 28, 2025 from $357,000 for the thirteen weeks ended June 29, 2024. Our sales were also negatively...
HCW Biologics Reports Second Quarter 2025 Business Highlights and Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MIRAMAR, Fla., Aug. 18, 2025 (GLOBE NEWSWIRE) — HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its second quarter ended June 30, 2025.
On May 15, 2025, the Company closed an equity offering with gross proceeds of $5.0 million with a single institutional investor. Dr. Hing Wong, Founder and CEO, stated, “We are pleased to have completed a successful $5.0 million equity offering in a challenging market without using a highly structured deal. This funding will be used to open clinical sites for our Phase 1 clinical trial to evaluate HCW9302 in an...
Terra Balcanica Intersects Gold Mineralization Over 72 m and Starts Drill Program At Brezani Target in Bosnia
Written by Customer Service on . Posted in Public Companies.
Vancouver, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) — Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA: UB1) is pleased to announce an expansion of the surface gold skarn system at Brezani and the start of the Phase III drill program at its Viogor-Zanik project, Bosnia and Herzegovina.
HighlightsThe Brezani drillhole BRE23001 located 125 m SSW of the maiden Brezani drillhole intercepted 0.27 g/t Au over 72.3 m including 0.62 g/t Au over 7.5 m. Additionally, two antimony veined zones, 1.5 and 0.5 m wide were intersected, respectively (Figure 2);The drillhole BRE23002 located 145 m northwest of BRE23001 intercepted 1.51 Zn% over 6 m including 0.54% Sb over 1.65 m as well as 0.6 g/t Au over 2.85 m;The drillhole BRE23003 located 77 m southeast of the maiden Brezani drillhole encountered 0.19%...
Mesa Laboratories Executes Previously-Announced Strategic Financing Plan
Written by Customer Service on . Posted in Public Companies.
LAKEWOOD, Colo., Aug. 18, 2025 (GLOBE NEWSWIRE) — Mesa Laboratories, Inc. (NASDAQ: MLAB) (we, us, our, “Mesa” or the “Company”) today announced that it has executed on its previously-announced financial strategy, repaying $97.5 million aggregate principal of the Company’s 1.375% Convertible Senior Notes due August 2025 (the “2025 Notes”). On August 12, 2025, the Company drew $97.0 million under its existing Amended and Restated Credit Agreement (the “Credit Agreement”), bringing the total outstanding balance to $108 million. The proceeds from the draw were used to settle the 2025 Notes that matured on August 15, 2025.
“This transaction reflects the disciplined execution of a plan we communicated in April, 2024,” said John Sakys, Chief Financial Officer. “We’ve taken deliberate steps to optimize our capital structure...
SOVRA Sharpens Focus on GovTech Sector with Series of Strategic Updates
Written by Customer Service on . Posted in Mergers And Acquisitions.
Announces CEO Transition, Acquisition of GovTech AI platform Ontopical
MONTREAL, Aug. 18, 2025 (GLOBE NEWSWIRE) — SOVRA (formerly mdf commerce) (“SOVRA” or “the Company”), North America’s leading public sector procurement platform, announced today a series of strategic updates designed to support the Company in becoming a leading GovTech platform in North America. These include the appointment of a new CEO, the acquisition of Canadian-based government intelligence platform Ontopical, and the divestiture of six non-core business units to Valsoft Corporation (“Valsoft”) and another Canadian-based strategic software group specializing in vertical SaaS acquisitions.
Tom Spengler Named SOVRA CEO
SOVRA Board Member and GovTech expert Tom Spengler has been appointed CEO, effective immediately. Luc Filiatreault,...
Notice of the draft decisions on the agenda and general voting ballot for the Annual General Meeting of Shareholders of AUGA Group AB, a company undergoing restructuring, Convened on 29th August 2025
Written by Customer Service on . Posted in Public Companies.
As previously announced, the Annual General Meeting of Shareholders of AUGA group, AB, a company undergoing restructuring (legal entity code 126264360, registered office at Konstitucijos Ave. 21C, Vilnius, hereinafter – the “Company”) is convened on the initiative and decision of the Company’s Board on 29th August 2025 at 10:00 AM (hereinafter – the “Meeting”). The Company also publishes the general voting ballot.
Agenda of the Meeting:Consolidated management report of the Company for the year 2024 and independent Auditor’s conclusion except the part of the remuneration report of the Company for the year 2024.
Remuneration report of the Company for the year 2024 as the part of the Consolidated management report of the Company for the year 2024.
Approval of consolidated set of annual financial statements of the Company for the year 2024.
Approval...
NusaTrip Incorporated Announces Closing of Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Jakarta, Indonesia, Aug. 18, 2025 (GLOBE NEWSWIRE) — NusaTrip Incorporated (“NusaTrip,” “NUTR” or the “Company”), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, today announced the closing of its previously announced initial public offering of an aggregate 3,750,000 shares of Common Stock (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total of $15.0 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses.
NusaTrip intends to use net proceeds from the Offering for expansion into new markets, merger and acquisition initiatives, and working capital and other general corporate purposes.
The shares began trading on the Nasdaq Capital Market on August 15, 2025, under the symbol “NUTR.”
Cathay...
AUGA group, RAB creditors approved AUGA group’s draft restructuring plan
Written by Customer Service on . Posted in Public Companies.
On August 18, 2025, a reconvened meeting of creditors (hereinafter – the Meeting) of the AUGA group, AB under restructuring (legal entity code 126264360, registered office address: Konstitucijos pr. 21C, Vilnius; hereinafter – the Company) took place. Over 73% of all creditors participated in the meeting, therefore a quorum was reached. The absolute majority of votes of all participating creditors – only 5 per cent of all participating creditors voted against – approved the draft restructuring plan of AUGA group.
The Meeting voted on the August 11, 2025 version of the draft plan, which came as a result of numerous consultations with creditors. In addition to four strategic groups of action, it also provides for greater involvement of creditors in the management of the Company, granting the creditors an opportunity to nominate...
Urbana Corporation Announces the Recent Initial Public Offering of One of Its Investees
Written by Customer Service on . Posted in Public Companies.
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICESOR FOR DISSEMINATION IN THE U.S./
TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (“Urbana”) (TSX and CSE: URB, URB.A), is pleased to announce that one of its investee companies, Miami International Holdings Inc. (“MIH”), has recently completed an initial public offering (“IPO”) on the New York Stock Exchange (“NYSE”) successfully (trading symbol: MIAX).
On August 14, 2025, MIAX shares commenced trading on the NYSE following the successful pricing of their IPO at US$23.00 per share. The company raised US$396,750,000 through its IPO of 15,000,000 shares of its common stock and the underwriter’s exercise of the over-allotment option to purchase 2,250,000 shares of its common stock. MIAX shares closed at US$31.12 per share on Friday, August 15, 2025.
Urbana owns 663,810 MIAX...
Black Rock Coffee Bar Files Registration Statement for Proposed Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
SCOTTSDALE, Ariz., Aug. 18, 2025 (GLOBE NEWSWIRE) — Black Rock Coffee Bar, Inc. (“Black Rock Coffee Bar”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Black Rock Coffee Bar has applied to list its Class A common stock on the Nasdaq Global Market under the ticker symbol “BRCB.”
J.P. Morgan, Jefferies, Morgan Stanley and Baird will act as lead book-running managers for...