Globenewswire
Search documents
Davis Commodities Shareholders Approve Share Consolidation to Boost Share Price and Market Standing
Globenewswire· 2026-02-07 04:30
Core Viewpoint - Davis Commodities Limited has successfully approved a share consolidation proposal aimed at increasing share price and enhancing market credibility [1][4]. Group 1: Share Consolidation Details - The share consolidation will occur at a ratio of 20-for-1, effective immediately following the board's resolution on February 5, 2026 [2]. - Trading of the consolidated shares on the Nasdaq Capital Market is expected to commence on or about February 16, 2026, pending confirmation and procedural completion [2]. - The board is authorized to manage any fractional entitlements resulting from the consolidation, including issuing additional shares if necessary [2][3]. Group 2: Voting Results - The proposal received strong support, with Class A shareholders casting 121,876 votes in favor and Class B shareholders casting 495,449,430 votes in favor, resulting in a total of 495,571,306 votes for the resolution [4]. - The resolution passed with 97.91% approval from the total 506,305,124 votes attached to the Company's issued shares [4]. Group 3: Company Overview - Davis Commodities Limited is an agricultural commodity trading company based in Singapore, specializing in sugar, rice, and oil and fat products [5]. - The Company operates under two main brands, Maxwill and Taffy, and provides complementary services such as warehouse handling and logistics [5]. - It has a global network of third-party suppliers and logistics providers, distributing products to over 20 countries [5].
ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Smart Digital Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SDM
Globenewswire· 2026-02-07 03:27
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Smart Digital Group Ltd. (NASDAQ: SDM) during the specified Class Period of the upcoming lead plaintiff deadline on March 16, 2026 [1]. Group 1: Class Action Details - Investors who purchased SDM securities between May 5, 2025, and September 26, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the firm or visiting their website [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by March 16, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Background - Smart Digital is described as a provider of digital marketing services, and the lawsuit alleges that the company was involved in a market manipulation scheme [5]. - The allegations include false statements and omissions regarding the risks of fraudulent trading and market manipulation, which misled investors about the company's business and prospects [5]. - The lawsuit claims that when the true details emerged, investors suffered damages due to the misleading information provided by the defendants [5].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RR
Globenewswire· 2026-02-07 02:54
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Richtech Robotics Inc. securities, alleging misleading statements regarding a non-existent relationship with Microsoft during the Class Period from January 27, 2026, to January 29, 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Richtech Robotics made false statements about its business operations and prospects, specifically regarding a claimed relationship with Microsoft that did not exist [5]. - Investors who purchased Richtech Robotics securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Investors wishing to join the class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by April 3, 2026, to represent the interests of the class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Picard Medical, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PMI
Globenewswire· 2026-02-07 02:52
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of securities of Picard Medical, Inc. for the period between September 2, 2025, and October 31, 2025, due to alleged misleading statements and undisclosed material facts regarding the company's operations and securities trading [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that defendants made materially false and misleading statements and failed to disclose adverse facts about Picard Medical's business and operations [5]. - Specific allegations include involvement in a fraudulent stock promotion scheme, use of offshore accounts for share dumping, and omission of critical information regarding stock price manipulation [5]. Group 2: Participation Information - Investors who purchased Picard Medical securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages Bath & Body Works, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BBWI
Globenewswire· 2026-02-07 02:44
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bath & Body Works, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bath & Body Works securities between June 4, 2024, and November 19, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 16, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Bath & Body Works made materially false and misleading statements regarding its business strategy and financial performance, which led to investor damages when the truth was revealed [5]. - Specific claims include the failure of the company's strategy to grow its customer base and the reliance on brand collaborations to mask weak financial results [5].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Ardent Health, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ARDT
Globenewswire· 2026-02-07 02:29
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ardent Health, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Ardent Health securities is from July 18, 2024, to November 12, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by March 9, 2026, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Allegations - The lawsuit alleges that Ardent Health made misrepresentations regarding its accounts receivable and the processes for determining collectability [4] - Defendants claimed to employ an active monitoring process for accounts receivable, which was later revealed to be inaccurate, as they utilized a 180-day cliff for reserving accounts [4] - The firm also misrepresented its professional malpractice liability insurance coverage, which was insufficient to cover claims arising from operations [4]
JCtrans 2026 Africa Regional Conference Positions Morocco as a Strategic Gateway for Global Logistics Expansion
Globenewswire· 2026-02-07 01:38
Core Insights - The 2026 Africa Regional Conference, hosted by JCtrans, will take place on March 5-6, 2026, in Casablanca, Morocco, providing a strategic opportunity for enterprises to unlock Morocco's hub value and connect with global partners [1][9] Industry Overview - Morocco is emerging as a strategic logistics hub due to its free trade network with 55 countries, enhancing resilience in global supply chains [2][4] - The automotive sector in Morocco has seen significant growth, with exports exceeding USD 15.7 billion, supported by major manufacturers like Renault and Peugeot [5] - The textile industry has become Africa's largest apparel supplier to Europe, benefiting from zero tariffs to the EU, while agriculture and renewable energy sectors are attracting global investments [5] Conference Value Proposition - Morocco offers zero tariffs and a "Green Channel" for nearly 70% of its trade with Europe, providing cost-efficient access to European and American markets [7] - Tangier Tech City serves as a strategic launchpad for global expansion, showcasing successful China–Africa industrial capacity cooperation [7] - The Port of Tangier Med, North Africa's largest container port, facilitates intermodal transport and serves as a cross-regional distribution hub with an annual throughput exceeding 9 million TEUs [7] Networking and Collaboration - The conference aims to transition participants from "Awareness" to "Mastery" through policy insights and on-site visits [8] - It will facilitate "Precise Matching" through one-on-one meetings, fostering deep trust in premium business settings [8] - The event is designed as a platform for continuous exposure, beyond just a single conference [8]
Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Masonite International Corporation, Announces Opportunity for Investors with Substantial Losses to the Lead Masonite Class Action Lawsuit
Globenewswire· 2026-02-07 01:31
Core Viewpoint - The Masonite International Corporation is facing a class action lawsuit for allegedly failing to disclose acquisition offers from Owens Corning while repurchasing its own stock, potentially misleading investors during the Class Period from June 5, 2023, to February 8, 2024 [1][3]. Company Overview - Masonite International Corporation is a leading global designer, manufacturer, marketer, and distributor of interior and exterior doors and door solutions for both residential and non-residential building construction markets, including new construction and renovation sectors [2]. Legal Allegations - The lawsuit claims that Masonite repurchased its stock while knowing that it had received multiple formal acquisition offers from Owens Corning at prices significantly above the market value, which constituted a failure to disclose critical information to investors [3]. Class Action Details - Investors who sold Masonite common stock during the Class Period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [5]. - The lead plaintiff will have the authority to select a law firm to litigate the case and does not need to be the lead plaintiff to share in any potential recovery [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone, marking its fourth 1 ranking in the past five years [6].
REMINDER -- Aeroméxico Announces Webcast of Fourth Quarter & Full Year 2025 Financial Results
Globenewswire· 2026-02-07 01:25
Core Insights - Grupo Aeroméxico will hold a live conference call and webcast on February 17, 2026, to discuss its fourth quarter and full year 2025 financial results [1] - The management will review the company's operating and financial performance, highlighting key business drivers and strategic initiatives for 2025 [2] - The earnings results for the fourth quarter and full year 2025 will be released after market close on February 16, 2026 [3] Company Overview - Grupo Aeroméxico is a holding company engaged in commercial aviation in Mexico and promoting passenger loyalty programs [4] - Aeroméxico operates primarily from Terminal 2 of the Mexico City International Airport, with a destination network across Mexico, the United States, Canada, Central America, South America, Asia, and Europe [4] - The current operating fleet includes Boeing 787 and 737 aircraft, as well as Embraer 190, and Aeroméxico is a founding member of the SkyTeam alliance [4]
Evolution Metals & Technologies Corp. to Host Investor & Analyst Webinar on February 19, 2026 at 10 AM ET
Globenewswire· 2026-02-07 01:21
Core Viewpoint - Evolution Metals & Technologies Corp. (EM&T) is focused on creating a secure and vertically integrated global supply chain for critical minerals and materials, with an upcoming Investor & Analyst Webinar scheduled for February 19, 2026 [1][3]. Company Overview - EM&T produces a variety of products including rare earth oxides, metals, alloys, permanent magnets, battery metals, battery-grade sulfates, carbonates, and precursor cathode active materials (pCAM) [2]. - The company aims to replicate and scale its operations into a fully-integrated U.S. industrial campus, with Phase I intended to establish the largest hydrometallurgical facility in the Western Hemisphere [2]. Webinar Details - The webinar will feature a formal presentation from senior management followed by a Q&A session, taking place from 10 a.m. to 11 a.m. ET on February 19, 2026 [3]. - Registration for the webinar can be completed through a provided link, and a recording will be available for those unable to attend live [3].