Author: Customer Service

Velan Holding to sell its entire holdings in Velan Inc. to Birch Hill Equity Partners

Written by Customer Service on January 15, 2026. Posted in Public Companies.

MONTREAL, Jan. 14, 2026 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (“Velan” or the “Company”) today announced that its controlling shareholder, Velan Holding Co. Ltd. (“Velan Holding”), the sole holder of the Company’s multiple voting shares, has agreed to sell its 15,566,567 multiple voting shares and one subordinate voting share (representing approximately 72.1% of the Company’s outstanding shares and 92.8% of its aggregate voting rights) to funds managed by Birch Hill Equity Partners Management Inc. (“Birch Hill”), at a price of C$13.10 per share, for aggregate gross proceeds of C$203,922,040.80 to Velan Holding and two other entities associated with shareholders of Velan Holding (the “VH Transaction”). Birch Hill is a leading Canadian investment partner with a 30-year track record of deploying patient capital and operational...

Ascentage Pharma Outlined its Global Innovation Strategy During Presentation at 44th Annual J.P. Morgan Healthcare Conference

Written by Customer Service on January 15, 2026. Posted in Public Companies.

Two commercialized hematology products, Olverembatinib and Lisaftoclax, drive dual-engine growth with strong China market presence Next-generation BTK protein degrader APG-3288 receives IND clearance from the U.S. FDA, propelling expansion of global innovative pipeline Multiple global registrational Phase III trials are progressing rapidlyROCKVILLE, Md. and SUZHOU, China, Jan. 14, 2026 (GLOBE NEWSWIRE) — Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855), a global, commercial stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel, differentiated therapies to address unmet medical needs in cancer, announced that its Chairman and CEO, Dajun Yang, M.D., Ph.D., presented at the 44th Annual J.P. Morgan Healthcare Conference. In the corporate presentation, Dr....

Psyence BioMed Announces Effective Date for 1-for-6.25 Reverse Stock Split

Written by Customer Service on January 15, 2026. Posted in Public Companies.

NEW YORK, Jan. 14, 2026 (GLOBE NEWSWIRE) — Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence BioMed” or the “Company”), today announced the effective date of its 1-for-6.25 share consolidation (reverse stock split) of the Company’s issued and outstanding common shares. At a Special Meeting of Stockholders held on April 16, 2025, shareholders approved a special resolution authorizing the Board of Directors, at any time prior to the next annual meeting of shareholders, to implement a share consolidation at a ratio of up to 1-for-50, with the exact timing and consolidation ratio to be determined in the Board’s sole discretion. Following this approval, the Company’s Board of Directors initially authorized a 1-for-7.97 consolidation ratio which was implemented Monday, May 5, 2025. On December 4, 2025, the board approved a...

Aya Announces Board Transition and Secondary Market Transaction by Insiders

Written by Customer Service on January 15, 2026. Posted in Public Companies.

MONTREAL, Jan. 14, 2026 (GLOBE NEWSWIRE) — Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) today announced that two long-standing members of its Board of Directors, Robert Taub, Chair of the Board, and Dr. Jürgen Hambrecht, Lead Independent Director, will not stand for re-election at the Corporation’s upcoming annual meeting, and will retire from the Board at the conclusion of their current terms. Robert Taub has served on the Board for 10 years, including as Chair since 2020. As a founding member with a significant stake since the inception of the business, he has played a pivotal role in Aya’s evolution and successful turnaround over the past five years, providing strategic leadership guided by innovation and an entrepreneurial mindset. Dr. Jürgen Hambrecht has served on the Board since 2019...

Belo Sun Receives Ruling From Federal Court of Altamira, Para

Written by Customer Service on January 14, 2026. Posted in Public Companies.

TORONTO, Jan. 14, 2026 (GLOBE NEWSWIRE) — Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX; OTCQB:BSXGF) announces that the Federal Court of Altamira, Pará, Brazil, denied the Company’s request for recognition of provisional compliance with a prior judgment of the Federal Court of Appeals. That appellate judgment conditioned the effectiveness of the Construction License (Licença de Instalação – LI) for the Volta Grande Gold Project on (i) completion of the Indigenous Component Study based on primary data, and (ii) the conduct of prior, free, and informed consultation with the affected Indigenous communities. As a result of the decision, the Construction License remains legally valid but suspended. In its ruling, the Federal Court held that, at this stage, sufficient compliance with the applicable conditions had not...

Innventure, Inc. Announces Closing of $40 Million Registered Direct Offering of Common Stock

Written by Customer Service on January 14, 2026. Posted in Public Companies.

With the proceeds from the offering, Innventure expects to fully repay all outstanding convertible debentures ORLANDO, Fla., Jan. 14, 2026 (GLOBE NEWSWIRE) — Innventure, Inc. (NASDAQ: INV) (“Innventure” or the “Company”), an industrial growth conglomerate, today announced that it has closed its previously announced registered direct offering of common stock to four institutional investors via a securities purchase agreement. The offering resulted in gross proceeds of approximately $40 million, before deducting offering expenses. The Company expects to use the net proceeds from the offering to redeem its outstanding convertible debentures and for working capital and general corporate purposes, which may include the ability of the Company to exercise its right to receive equity in Accelsius in lieu of cash for Accelsius’ repayment...

Biomerica Reports Second Quarter Fiscal 2026 Financial Results

Written by Customer Service on January 14, 2026. Posted in Earnings Releases And Operating Results.

Operating Expenses Decline 4% Year-to-Date Balance Sheet Strengthens and Working Capital Improves by 14.7%IRVINE, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical diagnostic and therapeutic products today reported financial results for the second quarter of fiscal 2026 ended November 30, 2025. Key Highlights: 1. Biomerica Expands Commercialization of inFoods® IBS Through Collaboration with Henry Schein During the second quarter, Biomerica entered into a marketing services agreement with Henry Schein to support the commercialization of the Company’s inFoods® IBS test in the United States. In addition, inFoods® IBS was featured in a Henry Schein publication highlighting a precision-based approach to the management of Irritable Bowel...

HOMB Delivers Another Strong Quarter: $400 Million Loan Growth, Sub-40% Efficiency Ratio & Robust Margin Drive 18% Year-Over-Year Income Increase and Annual ROA of 2.10%

Written by Customer Service on January 14, 2026. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., Jan. 14, 2026 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today. Quarterly HighlightsMetric Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024Net income $118.2 million $123.6 million $118.4 million $115.2 million $100.6 millionNet income, as adjusted (non-GAAP)(1) $117.9 million $119.7 million $114.6 million $111.9 million $99.8 millionTotal revenue (net) $282.1 million $277.7 million $271.0 million $260.1 million $258.4 millionIncome before income taxes $153.3 million $159.3 million $152.0 million $147.2 million $129.5 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $167.7 million $162.8 million $155.0 million $147.2 million $146.2 millionPPNR, as adjusted (non-GAAP)(1) $167.1 million $157.7...

Herzfeld Credit Income Fund, Inc. Provides December 2025 Net Asset Value Update

Written by Customer Service on January 14, 2026. Posted in Public Companies.

MIAMI BEACH, Fla., Jan. 14, 2026 (GLOBE NEWSWIRE) — Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”) today announced the estimated net asset value (“NAV”) of the Fund as of December 31, 2025 was $2.14. About Thomas J. Herzfeld Advisors, Inc. Thomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered investment advisor, specializing in investment analysis and account management in closed-end funds. More information about the advisor can be found at www.herzfeld.com. Past performance is no guarantee of future performance. An investment in the Fund is subject to certain risks, including market risk. In general, shares of closed-end funds often trade at a discount from their net asset value and at the time of sale may be trading on the exchange at a price which is more or less than the original purchase price...

Calavo Growers, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results

Written by Customer Service on January 14, 2026. Posted in Earnings Releases And Operating Results.

Delivered Full Year 2025 Growth of +192% in Net Income from continuing operations, +42% in Adjusted Net Income from continuing operations and +12% in Adjusted EBITDA from continuing operations Announces Strategic Combination with Mission Produce, Inc. SANTA PAULA, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today reported its financial results for the fourth fiscal quarter and twelve-month period ended October 31, 2025. Comparison of Fourth Quarter 2025 vs. Prior Year PeriodTotal net sales decreased to $124.7 million, compared to $170.0 million Gross profit was $11.6 million, impacted by $1.0 million of non-recurring costs, compared to $16.3 million Selling,...

Author: Customer Service

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