CALGARY, Alberta, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited (“GeoPark”) (NYSE: GPRK), announced today that it has nominated six highly qualified director candidates for election to GeoPark’s Board of Directors (the “GeoPark Board”) at its upcoming 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Each of the nominees is independent of both GeoPark and Parex under applicable secu ...

CALGARY, Alberta, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited (“GeoPark”) (NYSE: GPRK), announced today that it has nominated six highly qualified director candidates for election to GeoPark’s Board of Directors (the “GeoPark Board”) at its upcoming 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Each of the nominees is independent of both GeoPark and Parex under applicable secu ...

SELANGOR, Malaysia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (Nasdaq: FGL) (“FGL” or the “Company”), announced today that on February 17, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the Nasdaq Capital Market, it no longer complies with the Listing Rules for continued listing. T ...

TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced that it will host an Analyst Day on Wednesday, March 4, 2026 at 9:00 am ET. Christian Weedbrook, Founder and Chief Executive Officer; Michael Trzupek, Chief Financial Officer; and Rafal Janik, Chief Operating Officer; will provide commentary on Xanadu’s current position, corporate strategy, and approach to scaling its photonic quantum platform. The live webcas ...

AUSTIN, TX, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Abony Acquisition Corp. I (Nasdaq: AACOU) (the “Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriter of its over-allotment option in full, at a public offering price of $10.00 per unit. Each unit sold in the offering consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase on ...

AUSTIN, TX, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Abony Acquisition Corp. I (Nasdaq: AACOU) (the “Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriter of its over-allotment option in full, at a public offering price of $10.00 per unit. Each unit sold in the offering consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase on ...

TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) has announced that it has upsized its previously announced At the Market Offering Program (the “ATM”), pursuant to which the Company may offer and sell, at its discretion and from time to time, through H.C. Wainwright & Co., LLC (“Wainwright”), common shares in the capital of the Company (the “Common Shares”) having an aggregate offering price of up to US$25,000,000. The ...

Core Insights - 22nd Century Group, Inc. ended 2025 with $7.1 million in cash and is debt-free, which supports its transition to growth [1][5] - The company is focusing on the commercial expansion of its VLN brand, which is expected to drive a shift towards higher-margin proprietary branded products [1][3] Preliminary Financial Results - The company anticipates fourth quarter 2025 net revenues of approximately $3.6 million, down from $4.0 million in the third quarter of 2025 [5] - For the full year 2025, net revenues are expected to be around $17.6 million, a decrease from $24.4 million in 2024 [5] - Total cartons shipped in the fourth quarter 2025 were approximately 0.3 million, compared to 0.5 million in the third quarter of 2025 [5] - The expected gross loss for the fourth quarter 2025 is approximately $0.8 million, an improvement from $1.1 million in the third quarter [5] - The expected operating loss for 2025 is $11.6 million, down from $14.0 million in 2024 [5] - Cash and equivalents at year-end were $7.1 million, with zero long-term debt after extinguishing remaining senior secured debt in 2025 [5] Strategic Focus - The company aims to expand VLN product distribution and consumer awareness while maintaining disciplined cost management and capital allocation [3] - The groundwork for growth is being laid following the fourth quarter launch of VLN and Partner VLN brands [3] - The company remains engaged with the FDA and public health stakeholders to drive health and wellness initiatives for smokers [3]

New York, NY, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Averin Capital Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 25,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $250,000,000. The Company’s units began trading on February 19, 2026 on the Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “ACAAU.” Each unit consists of one Class A ordinary share of the Company and one-sixth of one redeemable warrant, wit ...

SAN ANTONIO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported financial results for the second quarter of fiscal 2026 ended December 31, 2025. Total assets under management (AUM) were approximately $1.5 billion at quarter-end, representing a 12% increase from the prior quarter and 5% higher than AUM at the end of the year-ago quarter. This ...