Newport Beach, Calif., Feb. 21, 2025 (GLOBE NEWSWIRE) — GivBux, Inc. (OTC: GBUX) (“GivBux” or the Company”), a publicly traded Super App and charitable giving platform, today announced the retirement of $100,000 in outstanding convertible notes. This strategic move effectively reduces the Company’s liabilities without issuing additional stock, thereby preserving shareholder value.
Umesh Tim Singh, President of GivBux, Inc., said, “This was a significant step in cleaning up the balance sheet, which also removed the overhang created by the convertible notes. By retiring this debt without diluting our shareholders, we are reinforcing our commitment to financial stability and positioning the company for sustainable growth.
This development follows GivBux’s recent strategic initiatives, including...
Singular Genomics Announces Closing of Acquisition by Deerfield Management
Written by Customer Service on . Posted in Mergers And Acquisitions.
SAN DIEGO, Feb. 21, 2025 (GLOBE NEWSWIRE) — Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, announced today the closing of its acquisition by an affiliate of Deerfield Management Company, L.P.
On December 23, 2024, Singular Genomics announced that Deerfield had signed a definitive agreement to acquire all of the outstanding shares of Singular Genomics common stock not currently owned by Deerfield for $20.00 per share in cash.
Following the satisfaction of customary conditions, including a vote of the holders of Singular Genomics’ common stock to approve the transaction, which occurred on February 19, 2025, the transaction has now closed. Effective as of closing, Singular Genomics now operates...
Amwell® makes grants to new employees under inducement plan
Written by Customer Service on . Posted in Public Companies.
BOSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) — Amwell® (NYSE: AMWL), a leading technology-enabled care platform provider, announced that on Feb. 18, Amwell made grants of RSUs covering an aggregate of 16,737 shares of its Class A common stock to four new employees. The grants were offered as material inducement to the employees’ employment with Amwell. The RSUs will vest as follows, subject to the applicable employee’s continued employment through the applicable vesting date: 25% of the RSUs will vest upon the first anniversary of the grant date (“Initial Vesting Date”), and the remaining 75% of the RSUs will vest in equal pro rata increments every three months thereafter (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date) for three years until such RSUs are vested...
PennantPark Floating Rate Capital Ltd. Closes New Securitization, Substantially Lowering Borrowing Costs
Written by Customer Service on . Posted in Public Companies.
MIAMI, Feb. 21, 2025 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it completed a $474.6 million term debt securitization transaction with a four-year reinvestment period, twelve-year final maturity in the form of a collateralized loan obligation (“CLO”).
The debt issued in this securitization transaction (the “ Debt”) is structured in the following manner:Class
Par Amount($ in millions)
% of Capital Structure
Coupon
Expected Rating(S&P)
Issuance PriceA-1L-A Loans
$
10,000,000
2.1
%
3 Mo SOFR + 1.49%
AAA
100.0
%A-1L-B Loans
45,000,000
9.5
%
3 Mo SOFR + 1.49%
AAA
100.0
%A-1 Notes
220,500,000
46.5
%
3 Mo SOFR + 1.49%
AAA
100.0
%A-2 Notes
19,000,000
4.0
%
3 Mo SOFR + 1.60%
AAA
100.0
%B Notes
28,500,000
6.0
%
3 Mo SOFR + 1.75%
AA
100.0
%C...
WestKam Gold Terminates Purchase Agreement to Acquire the Powerline One Uranium Project in Utah
Written by Customer Service on . Posted in Public Companies.
Vancouver, Canada, Feb. 21, 2025 (GLOBE NEWSWIRE) — WestKam Gold Corp. (TSX-V:WKG) (the “Company” or “WestKam”) is announces that it has terminated negotiations for the purchase of a 100% legal and beneficial interest in 131 lode claims in Grand County, Utah, covering 2,649 acres (1,072 ha), called the Powerline One Project (the “Powerline”).
Mr. Peter Laipnieks, President and CEO of WestKam states “The Company was unable to finalize the final acquisition on favourable terms, and will continue to seek out potential projects that better align with the Company’s strategic plan.”
About WestKamWestKam Gold Corp. is a Canadian-listed junior gold exploration company focused on exploring and developing projects in Western North America.ON BEHALF OF THE BOARD OF DIRECTORS“Peter Laipnieks”Peter Laipnieks, President & CEOContacts:
WestKam...
Julie A. Beck Joins Carpenter Technology’s Board of Directors
Written by Customer Service on . Posted in Public Companies.
PHILADELPHIA, Feb. 21, 2025 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) announced today that Julie A. Beck has been appointed to the Company’s Board of Directors, effective February 20, 2025. The Board of Directors now consists of 12 members, 11 of whom are independent directors.
Ms. Beck brings extensive experience in leading finance organizations at major manufacturing companies over the last three decades. Ms. Beck was most recently the Senior Vice President, Chief Financial Officer for Terex Corporation, a global manufacturer of materials processing machinery and aerial work platforms. Prior to her most recent role, Ms. Beck served as Senior Vice President and Chief Financial Officer for NOVA Chemicals. Prior to that, Ms. Beck served as Global Vice President of Supply Chain, Operational Excellence, and Quality...
Lantheus to Present at Upcoming Investor Conferences
Written by Customer Service on . Posted in Public Companies.
BEDFORD, Mass., Feb. 21, 2025 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (“Lantheus”) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, today announced members of its management team will present at the following upcoming investor conferences.B. Riley Securities Precision Oncology & Radiopharma Day in New York on February 28
TD Cowen 45th Annual Health Care Conference in Boston on March 4 at 2:30 pm ET
Leerink Global Healthcare Conference 2025 in Miami on March 11 at 1:40 pm ETA live webcast will be available for the TD Cowen 45th Annual Health Care Conference and Leerink Global Healthcare Conference presentations on the Investors section of the Company’s website at www.lantheus.com. A replay of the webcasts...
Longeveron® to Report Full Year 2024 Financial Results and Host Conference Call on February 28, 2025
Written by Customer Service on . Posted in Public Companies.
MIAMI, Feb. 21, 2025 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, today announced that it will report full-year 2024 financial results and provide a business update on Friday, February 28, 2025 after the U.S. financial markets close. The Company will host a conference call and webcast the same day at 4:30 p.m. ET.
Conference Call and Webcast Details:Conference Call Number:
1.877.407.0789Conference ID:
13751432
Call meTM Feature:
Click HereWebcast:
Click Here
An archived replay of the webcast will be available on the “Events & Presentations” section of the Company’s website following the conference.
About Longeveron Inc.Longeveron is a clinical stage...
Neuronetics to Report Fourth Quarter 2024 Financial and Operating Results and Host Conference Call
Written by Customer Service on . Posted in Public Companies.
MALVERN, Pa., Feb. 21, 2025 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced that it plans to release fourth quarter 2024 financial and operating results prior to market open on Tuesday, March 4, 2025. The Company will host a conference call to review its results at 8:30 a.m. Eastern Time the same day.
The conference call will be broadcast live in listen-only mode via webcast at https://edge.media-server.com/mmc/p/a3eb5opb. To listen to the conference call on your telephone, participants may register for the call here. While it is not required, it is recommended you join 10 minutes prior to the event start.
About Neuronetics
Neuronetics, Inc. believes...
Navitas to Unveil Breakthrough Advances in GaN and SiC for AI Data Center, EV, and Mobile Applications at APEC 2025
Written by Customer Service on . Posted in Public Companies.
Navitas to Unveil Breakthrough Advances in GaN and SiC for AI Data Center, EV, and Mobile Applications at APEC 2025APEC takes place at Atlanta’s Georgia World Congress Center from March 16th to 20th. The company’s “Planet Navitas” stand (Booth #1107) will showcase the company’s mission to ‘Electrify our World™’ by advancing the transition from legacy silicon to next-generation, clean energy GaN and SiC power semiconductors.TORRANCE, Calif., Feb. 21, 2025 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced it will attend APEC 2025 and highlight the latest advances in GaN and SiC wide bandgap technologies for AI data center EV,...