Core Viewpoint - DigiAsia Corp. has announced its intention to voluntarily delist from the Nasdaq Stock Market as a strategic move to unlock shareholder value, with the delisting expected to take effect around October 2, 2025 [1][4]. Group 1: Delisting and Financial Strategy - The company will file a Form 25 with the SEC on or about September 22, 2025, to initiate the delisting process [1]. - The Board of Directors determined that the conditions to meet the September 15, 2025, deadline for filing a Form 20-F will not be met, primarily due to high listing-related costs and challenges in raising additional capital from public markets [2]. - The initial capital from any future sale or merger will be used to pay off lenders and vendor obligations, aiming for financial stability [5]. Group 2: Offer and Strategic Review - DigiAsia's Board received a firm offer from Indian fintech company PayMate, valuing DigiAsia at $400 million, which includes a $25 million cash component and a share swap [3]. - The Board has tasked management to review all strategic sales and merger opportunities within a thirty-day timeframe [3]. Group 3: Company Overview - DigiAsia is a leading Fintech as a Service (FaaS) provider operating a B2B2X model, offering comprehensive embedded finance solutions to small and medium enterprises (SMEs) in emerging markets [6]. - The company’s fintech architecture aims to democratize digital finance access, supporting financial inclusion for underbanked merchants and consumers [6][7]. - DigiAsia is developing its embedded FaaS enterprise solution with AI capabilities, focusing on Southeast Asia, India, and the Middle East, with plans for global expansion [7].

Burnaby, British Columbia--(Newsfile Corp. - September 12, 2025) - NatBridge Resources Ltd. (CSE: NATB) (OTCID: NATBF) (FSE: GI80) ("NatBridge" or the "Company"), announces that Eugene McBurney provided his resignation as a director of NatBridge in order to focus on his primary business interest. NatBridge would like to thank Gene for his contribution to the Company and to the board of directors and wish him the very best for his future endeavours. About NatBridge Resources Ltd.NatBridge Resources Ltd. (CS ...

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company") provides the following update further to its news release of September 10, 2025 announcing the hearing of its petition to hold shareholder meetings. The Company announces that on September 12, 2025, the Supreme Court of British Columbia granted the Company's petition to allow it to hold its annual general meetings for years ended December 31, 2023 and ...

Fuerte Metals Vends El Cofre Project in Chile to Chilean Cobalt CorporationSeptember 12, 2025 5:32 PM EDT | Source: Fuerte Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 12, 2025) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is please to announce that it has entered into a definitive agreement (the "Agreement") to sell its 100% owned El Cofre project in Chile to Chilean Cobalt Corp. ("Chilean Cobalt"). Under the terms of the Agreement ...

AbraSilver Announces Filing of Technical Report for Updated Mineral Resource Estimate on the Diablillos ProjectSeptember 12, 2025 5:31 PM EDT | Source: AbraSilver Resource Corp.Toronto, Ontario--(Newsfile Corp. - September 12, 2025) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant updated mineral resource estimate (the "Report") on ...

BluMetric Announces Ontario Environmental Engineering Mining Contract with Multinational Mining Company and Board Composition ChangeSeptember 12, 2025 5:00 PM EDT | Source: BluMetric Environmental Inc.Ottawa , Ontario--(Newsfile Corp. - September 12, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced it has signed a $1.3 million environmental engineering contract with ...

Akanda Announces $12.0 Million Convertible Note OfferingSeptember 12, 2025 4:43 PM EDT | Source: Akanda CorpToronto, Ontario--(Newsfile Corp. - September 12, 2025) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company") today announced the execution and closing of a securities purchase agreement with institutional investors for the purchase and sale of 12 month, convertible promissory notes for an aggregate purchase price of up to $12.0 million, in a private placement transaction. The Compan ...

Scottie Announces Closing of The Third and Final Tranche of Its Previously Announced Non-Brokered FinancingSeptember 12, 2025 4:29 PM EDT | Source: Scottie Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 12, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce the closing of the third and final tranche (the "Third Tranche") of its previously announced non-brokered private placement financing (the "Of ...

Core Insights - Hooker Furniture Corporation (NASDAQ: HOFT) reported Q2 FY26 results with revenue of $82.1 million, operating income of ($4.4) million, and adjusted EPS of ($0.31), falling short of consensus estimates [1] - Revenue declined 13.6% year-over-year, primarily due to a 44.5% decline at HMI driven by weak demand, tariff-related buying hesitancy, and a major customer bankruptcy [1] - Despite the sales decline, consolidated gross margin remained stable at 20.5%, supported by cost savings and improved labor efficiency [1] Financial Performance - HOFT's revenue of $82.1 million was below the expected $93.7 million and consensus of $91.2 million [1] - Operating income was reported at ($4.4) million, compared to estimates of ($0.8) million and ($1.5) million [1] - Adjusted EPS of ($0.31) was worse than the expected ($0.08) and consensus of ($0.16) [1] Sales and Market Dynamics - HMI experienced a significant 44.5% year-over-year decline in sales, indicating weak demand and external pressures [1] - In contrast, Hooker Branded net sales grew by 1.3% year-over-year, while Domestic Upholstery sales remained flat, showing resilience in legacy brands [1] Cost Management and Profitability - The company achieved $3.7 million in expense savings in the first half of FY26, moving towards an annualized savings goal of $25 million by FY27 [8] - Management is focused on navigating macroeconomic challenges, including housing market weakness and high mortgage rates, while aiming to return to profitability [1] Debt and Liquidity - HOFT repaid $16.5 million of debt year-to-date and reduced inventory to $58.5 million, enhancing liquidity during the transition to a new warehouse in Vietnam [8]

Core Insights - Stonegate Capital Partners has initiated coverage on Provident Financial Services Inc (NYSE: PFS) [1] - For Q2 2025, Provident Financial Services reported a net income of $72.0 million, an increase from $64.0 million in Q1 2025, and a significant recovery from a net loss of $11.5 million in Q2 2024 [1][7] - The earnings per share (EPS) for Q2 2025 was $0.55, compared to $0.49 in Q1 2025 [1][7] - The increase in net income was attributed to higher net interest income from new loan originations and improved repricing on adjustable-rate loans, despite higher compensation expenses and lower average low-cost deposits [1][7] Financial Performance - Provident Financial Services achieved record revenue of $214.2 million in Q2 2025, supported by net interest income of $187.1 million and non-interest income of $27.1 million [7] - Commercial loan balances increased by $319.3 million during the quarter [7] - The company maintained strong credit quality, with non-performing assets improving to just 0.44% of total assets [7]