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Lennar Confirms Expiration Date of Exchange Offer
Prnewswire· 2025-11-18 12:45
Core Points - Lennar Corporation is proceeding with an Exchange Offer to exchange approximately 20% of its total outstanding shares of Millrose Properties, Inc. for outstanding shares of Lennar Class A common stock, set to expire on November 21, 2025 [1][2] - Millrose has requested the acceleration of the effectiveness of its registration statement with the SEC, which is necessary for the completion of the Exchange Offer [2] - If the SEC does not declare the registration statement effective by the expiration date, Lennar may need to extend or terminate the Exchange Offer [2] Company Overview - Lennar Corporation, founded in 1954, is a leading builder of quality homes across various segments, including affordable, move-up, and active adult homes [3] - The company also provides financial services, including mortgage financing and title services, primarily for its homebuyers, and develops high-quality multifamily rental properties [3] Additional Information - The Exchange Offer is made solely by the Prospectus, which contains important information about the offer and the companies involved [6][7] - Holders of Lennar Class A common stock can access the Prospectus and related documents free of charge on the SEC's website [8]
BTQ's QPerfect Division Launches GPU-Accelerated QLEO with NVIDIA CUDA-Q Compatibility in Partnership with Quobly
Prnewswire· 2025-11-18 12:30
Collaboration accelerates quantum simulations by orders of magnitude, expanding global access to hybrid quantum computing and advancing the path toward industrial-scale quantum systems GPU-Accelerated QLEO Launch: QPerfect and Quobly unveil the next-generation QLEO emulator, powered by QPerfect's MIMIQ engine and fully compatible with NVIDIA CUDA-Q, delivering up to 100× faster quantum simulations. Bridging Quantum and Classical Systems:Â The collaboration expands access to hybrid quantum-classical computin ...
Eltek Ltd. Reports 2025 Third Quarter Financial Results
Prnewswire· 2025-11-18 12:30
PETACH TIKVA, Israel , Nov. 18, 2025 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2025. ...
ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million for the Third Quarter of 2025
Prnewswire· 2025-11-18 12:30
AZOUR, Israel , Nov. 18, 2025 /PRNewswire/ --Â Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50Â per share, totaling approximately US$ 10Â million. ...
Metavesco Quarterly Net Income Soars to $1.78 Million on Crypto Gains
Prnewswire· 2025-11-18 12:30
CUMMING, Ga. , Nov. 18, 2025 /PRNewswire/ -- Metavesco, Inc. (OTC: MVCO), a diversified holding company and developer of the OTCfi ecosystem, today announced financial results for its fiscal quarter ended September 30, 2025, highlighted by transformative revenue growth, a swing to positive stockholders' equity, and strong performance in its digital asset operations. ...
Else Nutrition Announces Major Breakthrough: President Trump Signs Pivotal FDA Funding Package that Includes Congressional Directive Streamlining Regulatory Pathway for Non-Dairy, Non-Soy Plant-Based Infant Formula
Prnewswire· 2025-11-18 12:30
New Federal Budget Agreement Ends Government Shutdown and Expedites FDA Pathway for Innovative, Non-Soy, Plant-Based Infant Nutrition Under Operation Stork Speed VANCOUVER, BC , Nov. 18, 2025 /PRNewswire/ - ELSE NUTRITION HOLDINGS INC. ( BABY ) ( BABYF ) ( 0YL.F ) ("Else" or the "Company"), a global pioneer in whole-food, plant-based nutrition for babies, toddlers, children and adults, today recognizes the bicameral, bipartisan passage of the U.S. Government budget for Fiscal Year 2026 that officially ende ...
QuickLogic eFPGA Hard IP Selected by Chipus for 12 nm High Performance Data Center ASIC
Prnewswire· 2025-11-18 12:25
"When our customer stated they needed eFPGA as a key IP in their ASIC, we decided to partner with QuickLogic because of more than 30 years of FPGA expertise and adoption throughout the aerospace and defense community," said Murilo Pessatti, CEO of Chipus. "They have been instrumental in working with us and our customer to right-size the eFPGA fabric, helping us deliver a competitive, reliable ASIC to market more quickly and with reduced risk." "We are excited to be partnering with Chipus on this ASIC which ...
LUCA MINING CORP. REPORTS THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-11-18 12:00
Strong Year-Over-Year Growth and Advancement of 0 Development Initiatives in Q3 2025 Safety: continued emphasis on safe, disciplined operations with strengthened housekeeping and visible leadership engagement across both sites. Throughput increased:Â consolidated tonnes milled of 250,807 (+66% vs. prior year), supported by increased plant availability at both mines which has resulted in higher metal output: Gold increased 51%, Silver increased 97%, Zinc increased 78%, Lead increased 81%, Copper increased 43 ...
Protiviti Receives 2025-2026 Microsoft AI Business Solutions Inner Circle Award
Prnewswire· 2025-11-18 12:00
Core Insights - Protiviti has been recognized by Microsoft as a member of the AI Business Solution's 2025-2026 Inner Circle, indicating its top-tier performance within Microsoft's global network of partners [1][3] - The Inner Circle membership allows Protiviti to participate in exclusive summits and virtual meetings with Microsoft leaders, enhancing strategic discussions and collaboration opportunities [2] Group 1: Recognition and Achievements - Protiviti's inclusion in the Inner Circle reflects its commitment to delivering innovative solutions that drive business outcomes and enhance productivity through Microsoft technologies [3][4] - The firm has successfully deployed over 250 AI client projects, showcasing its capability to provide scalable and sustainable results for organizations [3] Group 2: Strategic Partnerships - Protiviti emphasizes its collaborative approach with clients, leveraging deep industry knowledge and expertise in the Microsoft ecosystem to achieve transformative outcomes [4] - The recognition as a trusted strategic partner highlights Protiviti's focus on delivering measurable value and competitive advantages for its clients [4] Group 3: Company Overview - Protiviti operates globally with over 90 offices in more than 25 countries, providing consulting and managed solutions across various sectors including finance, technology, and risk management [5][6] - The firm has a strong client base, serving over 80% of Fortune 100 and nearly 80% of Fortune 500 companies, as well as government agencies and smaller businesses [6]
BofA Report: 74% of Small and Mid-Sized Business Owners Expect Revenue to Increase in the Next Year
Prnewswire· 2025-11-18 12:00
Core Insights - Small and mid-sized business owners exhibit cautious optimism for the upcoming year, with 74% expecting revenue increases and nearly 60% planning to expand their businesses [1][3] - Confidence in economic improvement is noted, with approximately half of business owners believing local (53%), national (48%), and global (45%) economies will improve [2][3] Business Growth and Employment - Business owners are focused on growth, with 43% planning to hire more staff and only 1% considering layoffs in the next 12 months [5] - The tight labor market is impacting 61% of business owners, leading to increased working hours and wage raises to attract talent [5] Technology Adoption - AI integration is significant, with 77% of business owners having adopted it in the past five years, primarily for marketing (50%) and customer service (37%) [5] - Small business payments to tech services, including AI, increased nearly 8% year-over-year as of October [5] Supply Chain and Inflation Challenges - 75% of business owners report being affected by supply chain issues, with 52% raising prices and 32% struggling to source products [5] - Inflation impacts 88% of business owners, leading 64% to raise prices and 39% to reevaluate cash flow [5] Future Priorities - Over the next decade, business owners prioritize expanding customer bases (47%), products and services (39%), and exploring new marketing tactics (35%) [5] - 91% plan to adopt more digital tools, including AI, to modernize and improve efficiency [5] Succession Planning - 70% of business owners are not focused on an exit strategy in the next five years, with 60% having a succession plan in place [5] - Among those with a plan, 32% intend to transition to a family member, while 38% plan to sell the business [5]