Incline Village, NV, Jan. 26, 2026 (GLOBE NEWSWIRE) — Mountain Lake Acquisition Corp. II (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chief Executive Officer Paul Grinberg and Chief Financial Officer, Douglas Horlick, today announced the pricing of its upsized initial public offering of 31,320,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share. The units are expected to trade on the Global Market tier of the Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “MLAAU” beginning January 27, 2026. No fractional warrants will be issued upon separation...

SHANGHAI, Jan. 27, 2026 (GLOBE NEWSWIRE) — Fangzhou Inc. (“Fangzhou” or the “Company”) (HKEX: 06086), a leading provider of AI-driven Internet healthcare solutions, issued a positive profit forecast for 2025, citing stronger-than-expected revenue growth and its first year of full profitability, underscoring the commercial viability of its “AI + chronic care services” model. In a filing released on January 25, the company said it expects full-year revenue for 2025 to reach between RMB 3.5 billion and RMB 3.55 billion, representing year-on-year growth of approximately 30%. Fangzhou also forecast a net profit of RMB 7 million to RMB 10 million, marking a transition to comprehensive profitability after achieving adjusted profitability in 2024. The company attributed the revenue increase primarily to the continued expansion of its chronic...

HONG KONG, Jan. 27, 2026 (GLOBE NEWSWIRE) — Fangzhou Inc. (“Fangzhou” or the “Company”) (HKEX: 06086), a leading provider of AI-driven Internet healthcare solutions, has successfully completed a HK$150 million share placement, strengthening its balance sheet to accelerate investment in artificial intelligence and platform upgrades. The shares were priced at HK$3.32 per share, with the shares placed representing approximately 3.26% of the Company’s enlarged issued share capital following completion of the subscription. Fangzhou plans to allocate approximately 90% of the net proceeds after deducting related costs and expenses to accelerate development of the Company’s AI-driven chronic disease management platform. This encompasses model development and optimization, infrastructure and computational resource expansion, talent...

DALLAS, Jan. 26, 2026 (GLOBE NEWSWIRE) — Twin Hospitality Group Inc. (Nasdaq: TWNP), the parent company of Twin Peaks Restaurant, today announced it has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. Twin Hospitality plans to use the filings to deleverage the balance sheet, maximize value for its stakeholders, and support the continued growth of its brands. Twin Hospitality develops and operates the specialty casual dining restaurant concepts, Twin Peaks and Smokey Bones. Throughout the chapter 11 process, Twin Hospitality expects the brands will remain open and operating as usual and will continue delivering their signature guest experiences. Trading of Twin Hospitality Group’s securities on NASDAQ is expected to continue with a “Q” suffix during this period. “Twin...

Approximately $24 billion investment over 10 years will support long-term manufacturing requirements and AI-driven demand SINGAPORE, Jan. 27, 2026 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) broke ground today on an advanced wafer fabrication facility located within the company’s existing NAND manufacturing complex in Singapore. This new facility represents a planned investment of approximately US $24 billion (SG $31 billion) over 10 years and is designed to ultimately provide 700,000 square feet of cleanroom space. Wafer output is scheduled to begin in the second half of calendar 2028, helping Micron address growing market demand for NAND technology driven by the rapid expansion of AI and data-centric applications. The groundbreaking ceremony for this facility, Singapore’s first double-story wafer manufacturing...

MENLO PARK, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (“Runway Growth” or the “Company”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late and growth-stage companies seeking an alternative to raising equity, today announced that it has commenced an underwritten offering of unsecured notes (the “Notes”), subject to market and other conditions. The Company has applied for the Notes to be listed and trade on the Nasdaq Global Select Market. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering. The Company intends to use the net proceeds from this offering to repay outstanding indebtedness, including to redeem all or...

LOS ANGELES, Jan. 26, 2026 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (the “Company”), today announced it has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. FAT Brands plans to use the filings to deleverage the balance sheet, maximize value for its stakeholders, and support continued growth of its brands. FAT Brands’ portfolio of 18 restaurant concepts encompasses more than 2,200 locations worldwide. Iconic brands such as Fatburger, Johnny Rockets, Round Table Pizza, among others, are expected to remain operating as usual during the chapter 11 process, and will continue to provide their signature dining experiences. Trading of FAT Brands’ securities on NASDAQ is expected to continue with a “Q” suffix during this period. “Our dynamic...

LOS ANGELES, CA, Jan. 26, 2026 (GLOBE NEWSWIRE) — OFA Group (NASDAQ: OFAL), a publicly traded company operating at the intersection of architecture, technology, and asset management, today issued the following clarification regarding the scope, functionality, and regulatory positioning of its Hearth platform. This clarification is intended to provide additional transparency following Hearth’s initial launch announcement on January 26, 2026 and to ensure accurate understanding of the platform’s role within OFA Group’s broader digital infrastructure strategy. Clarification of Platform Nature Hearth is operated by Hearth Labs, Inc., a wholly owned subsidiary of OFA Group, and is designed exclusively as a non-custodial, technology-only infrastructure platform supporting digital record-keeping, data representation, and workflow coordination...

CALGARY, Alberta, Jan. 26, 2026 (GLOBE NEWSWIRE) — Jura Energy Corporation (“Jura” or the “Company“) is pleased to announce that the High Court of Justice, Business and Property Courts of England and Wales Commercial Court (the “UK Court”) has dismissed in full the appeal filed by Petroleum Exploration (Private) Limited (“PEL”) challenging the arbitrator’s jurisdiction in respect of certain reliefs granted to Jura’s operating subsidiaries, Spud Energy (Pty) Limited (“Spud”) and Frontier Holdings Limited (“FHL”) (together, the “Claimants”) in the Settlement Agreement arbitral award. PEL is the operator of the Badin IV South and Badin IV North petroleum concessions (together, the “Badin Assets”) in each of which FHL holds a 27.5% working interest. As previously announced, in December 2024 the International...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HALIFAX, Nova Scotia, Jan. 26, 2026 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB: ERFCF) (“Erdene” or the “Company”) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (“Paradigm”), pursuant to which Paradigm, as co-lead underwriter and joint bookrunner with National Bank Financial Inc., on behalf of a syndicate of underwriters (Paradigm and the syndicate, together, the “Underwriters”), has agreed to purchase, on a “bought deal” private placement basis, 2,809,000 common shares of the Company (the “Common Shares“) at a price of $8.90 per Common Share (“Issue Price“) for aggregate gross proceeds of $25,000,100 (the...