Phoenix, AZ, Sept. 12, 2025 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $4 million once again in the First Fiscal Half of 2026, (February 1, 2025, to July 31, 2025), with Total Revenue of approximately $4,004,635.
Consolidated Net Income before the non-cash expense of depreciation and the non-cash Best Western Rewards Guest Vouchers expense, was approximately $75,000 for the 2026 First Fiscal Half ended July 31, 2025 (February 1, 2025, through July 31, 2025).
IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025, and are contributing to a solid start in the current 2026 Fiscal Year. Combined Hotel August Revenue for both hotels was an August record of $547,571, which has led to a solid Hotel Revenue total of $4,552,206 for the first seven...
Enovix Korea Named 2025 Best Workplace for Job Creation in Korea by Ministry of Employment and Labor
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Award CeremonyLeft: Kim Young-hoon, Minister of Employment and Labor of the Republic of Korea; Right: KiHong Park, Vice President of Enovix Korea OperationsFREMONT, Calif., Sept. 12, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a leader in advanced silicon battery technology, announced today that Enovix Korea has been honored with the prestigious 2025 Best Workplaces of Korea for Job Creation award by the Ministry of Employment and Labor. This national certificate recognizes exemplary companies in quality job creation following comprehensive evaluations of workplace practices and company culture. Each year, only 100 companies nationwide are selected for this honor.
Enovix Korea was selected for its outstanding employee-focused policies, including performance-based profit-sharing compensation,...
Sunrun Prices $510 million Securitization, Surpassing $1.5 billion of Non-Recourse Debt Capital Raised in the Third Quarter
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SAN FRANCISCO, Sept. 12, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), America’s largest provider of residential battery storage, solar, and home-to-grid power plants, today announced it has priced a securitization of leases and power purchase agreements. The securitization is Sunrun’s fifteenth securitization since 2015 and fifth issuance in 2025.
“Sunrun continues to show deep capital markets access, leveraging its strong relationships with both public and private investor groups,” said Danny Abajian, Sunrun’s Chief Financial Officer. “Inclusive of this transaction and a privately placed securitization in August, Sunrun will have raised more than $1.5 billion in senior and subordinated non-recourse debt financings in Q3, and we look forward to continuing to utilize our diverse financing channels to fuel profitable growth.”
The...
Telesat announces equity distribution of Telesat Lightspeed business
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OTTAWA, Ontario, Sept. 12, 2025 (GLOBE NEWSWIRE) — Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has completed the distribution of 62% of the equity of its Telesat Lightspeed business to an indirect subsidiary of Telesat Corporation. The indirect subsidiary is wholly-owned by Telesat Canada’s parent entities and is a non-guarantor under Telesat Canada’s debt documents. There are no changes to the Company’s operations as a result of this transaction.
About Telesat
Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that...
ECD Automotive Design Announces 1-for-40 Reverse Stock Split
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KISSIMMEE, Fla., Sept. 12, 2025 (GLOBE NEWSWIRE) — ECD Automotive Design, Inc. (NASDAQ: ECDA), the (“ECD” or the “Company”), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, announced that it will implement a 1-for-40 reverse stock split of its issued and outstanding common stock (“Reverse Stock Split”), effective at market opening time on September 18, 2025. ECD common stock will remain on the Nasdaq Capital Market and begin trading on a split-adjusted basis on September 18, 2025, when the markets open, under the Company’s existing trading symbol “ECDA,” with the new CUSIP number 27877D104.
The Reverse Stock Split was previously approved by stockholders at the Company’s annual meeting...
HII’s Ingalls Shipbuilding Hosts Annual Community Partner Workshop, Strengthening Gulf Coast Partnerships
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PASCAGOULA, Miss., Sept. 12, 2025 (GLOBE NEWSWIRE) — HII’s (NYSE:HII) Ingalls Shipbuilding division welcomed nonprofit leaders from across the Gulf Coast today for its third annual Community Partner Workshop, an event designed to foster collaboration between industry and nonprofits, share best practices and strengthen community relationships.
“We see tremendous value in connecting with the organizations that support our Ingalls shipbuilders and their families, from education and workforce programs to health and wellness services,” said Lisa Bradley, stakeholder engagement manager at Ingalls Shipbuilding. “Events like this help us make meaningful investments to strengthen the communities where our shipbuilders live and ensure they have the resources they need to thrive.”
More than 50 nonprofit organizations participated in the event,...
Ring Energy Announces Departure of Chief Financial Officer and Transition Plan
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THE WOODLANDS, Texas, Sept. 12, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that its Chief Financial Officer, Travis T. Thomas, has resigned effective immediately to pursue other opportunities. Mr. Thomas’ resignation was not a result of any disagreement between the Company and Mr. Thomas on any financial or other matter related to the operations, policies, or practices of the Company.
Rocky Kwon, the Company’s Vice President of Accounting, Controller and Assistant Treasurer, has been appointed Interim Chief Financial Officer while the Company conducts a search for a new Chief Financial Officer. Mr. Kwon, an experienced financial leader, has been with Ring since 2021. He is a Certified Public Accountant and Chartered Global Management Accountant and brings deep institutional...
Brompton Proposes Merger of Symphony Floating Rate Senior Loan Fund With Brompton Wellington Square Investment Grade CLO ETF
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TORONTO, Sept. 12, 2025 (GLOBE NEWSWIRE) — (TSX: SSF.UN) Brompton Funds Limited (“Brompton” or the “Manager”), the manager of Symphony Floating Rate Senior Loan Fund (the “Fund”) announces that it has approved a proposal to merge (the “Merger”) the Fund into Brompton Wellington Square Investment Grade CLO ETF (the “ETF”) with the ETF being the continuing fund (the “Continuing Fund”) and it is calling a special meeting (the “Meeting”) of the holders (the “Unitholders”) of class A units and class U units (together the “Units”) of the Fund to consider and vote on the proposed Merger.
The ETF is a new investment fund which the Manager expects to launch in late September 2025.
Under the Merger, the class A units and class U units of the Fund will be exchanged for CAD units and USD units of the ETF, respectively, based on the respective...
Itafos to Present at the Annual Smallcap Discoveries Conference in Vancouver
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HOUSTON, Sept. 12, 2025 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (“Itafos” or “the Company”) today announces that it will participate in the upcoming Annual Smallcap Discoveries Conference in Vancouver. David Delaney, Chief Executive Officer of Itafos will be presenting on September 29, 2025 and will speak about the Company’s recent results and longer-term strategies.
The Vancouver event will feature company presentations, keynote sessions, and one-on-one meetings in a curated format that brings together engaged investors and select Canadian growth companies. Investors who would like to attend the Smallcap Discoveries Conference can register for a pass here. Investors interested in meeting with the Company during the conference should contact the coordinator at trevor@smallcapdiscoveries.com.
About Itafos
The...
Altai Announces Dismissal of Its Claim by Quebec Court
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TORONTO, Sept. 12, 2025 (GLOBE NEWSWIRE) — Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that, further to the Company’s news release dated September 5, 2025, in connection with the Company’s claim filed in the Superior Court of Quebec (the “Court”) in 2022 (the “Claim”) against the Ministry of Energy and Natural Resources (Quebec), the Government of Quebec, as represented by the Attorney General of Quebec, and the Attorney General of Quebec (collectively, the “Defendants”), seeking compensatory damages from the Defendants for the expropriation in 2022 of the Company’s oil and gas exploration assets in Quebec (the “Expropriation”), the Court has notified the Company that it has granted, at the request of the Attorney General of Quebec, the dismissal of the Claim on the grounds that the Company no longer...