The Joint (JYNT)
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ABS, ENEOS, NYK Line, and SEACOR Holdings Launch Joint Study to Develop a Methanol Marine Fuel Supply Network in the U.S.
Globenewswire· 2025-12-12 13:30
American Bureau of ShippingENEOS CorporationNippon Yusen Kabushiki KaishaSEACOR Holdings Inc. MIAMI, Dec. 12, 2025 (GLOBE NEWSWIRE) -- American Bureau of Shipping (“ABS”), ENEOS Corporation (“ENEOS”), Nippon Yusen Kabushiki Kaisha (“NYK Line”), and SEACOR Holdings Inc. (“SEACOR”) have begun a joint study to develop a methanol bunkering*¹ and supply chain network along the U.S. Gulf Coast. The four parties aim to establish the first commercial-scale ship-to-ship*² methanol bunkering operations in the U.S. In ...
The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California
Globenewswire· 2025-12-11 21:52
Southeast Buyers are Existing Members of the Franchise Community, Further Increasing their OwnershipSCOTTSDALE, Ariz., Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, signed an Asset Purchase Agreement (APA) for the sale of 22 corporate-owned or managed clinics for $1.5 million to three buying groups. In mid-December, the buyers will assume business operations via Management Service Agreements unt ...
Surge Announces Entering into Joint Venture with Evolution Mining Limited
Newsfile· 2025-12-02 18:22
West Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge"), through its wholly-owned U.S. subsidiary, Surge Battery Metals USA Inc. ("Surge US"), is pleased to announce (pursuant to its November 27, 2025 news release) that it has entered into an amended and restated operating agreement dated December 2, 2025 (the "JV Agreement") with a subsidiary of Evolution Mining Limited (collectively, "Evolution"), ...
Surge Announces Finalization of Terms of Joint Venture with Evolution Mining Limited
Newsfile· 2025-11-27 13:00
Core Points - Surge Battery Metals Inc. has finalized transaction documents for a joint venture with Evolution Mining Limited to develop the Nevada North Lithium Project [1] - The transaction is set to close on December 1 and 2, 2025, following the U.S. Thanksgiving holidays [1][2] Company Overview - Evolution Mining Limited is a prominent global gold miner operating six mines, including five wholly-owned mines and an 80% stake in Northparkes [3] Project Details - The Nevada North Lithium Project is located in the Granite Range, Nevada, with significant lithium-bearing clay deposits identified over a strike length of more than 4,300 meters and a width exceeding 1,500 meters [4] - The project has an inferred resource of approximately 8.65 million tons of Lithium Carbonate Equivalent (LCE) with a grade of 2,955 ppm Li at a cutoff of 1,250 ppm [4] - A recently completed Preliminary Economic Assessment (PEA) indicates an after-tax NPV at 8% of US $9.17 billion and an after-tax IRR of 22.8% at a price of US $24,000 per ton LCE, with an OPEX of US $5,243 per ton LCE [4]
Rivian's Lucrative Joint Venture Keeps Getting Better for Investors
The Motley Fool· 2025-11-25 02:05
Core Insights - The joint venture between Rivian Automotive and Volkswagen, known as RV Tech, is a significant development that enhances both companies' positions in the electric vehicle (EV) market [2][10] - Rivian benefits from Volkswagen's backing, gaining credibility and financial support, while Volkswagen secures a technology partner to compete against Tesla and Chinese automakers [2][4] Partnership Benefits - The collaboration allows Rivian to potentially license its electric vehicle technology to other automakers, creating additional revenue streams [3][10] - Volkswagen's history of licensing technology to other manufacturers, such as Ford, indicates a precedent for this type of collaboration [5] Financial Performance - Rivian's gross profit for the third quarter was positively impacted by the joint venture, with software and services generating $154 million in gross profit, offsetting an automotive loss of $130 million [8][7] - The overall gross profit for Rivian in Q3 was $24 million, a significant improvement from the previous year's losses [8] Future Prospects - The first vehicle to utilize the new technology will be Rivian's R2, set to launch in the first half of next year, priced at $45,000, which is expected to enhance market penetration [9][10] - The partnership positions Rivian well for future growth, particularly as it aims to develop high-margin business opportunities through technology licensing [10]
Parkit Contributes London Industrial Property and Forms Joint Venture for Residential Redevelopment
Newsfile· 2025-11-24 12:30
Core Insights - Parkit Enterprise Inc. has contributed 3.55 acres of land in London, Ontario, to a joint venture valued at $12,900,000 for residential redevelopment [1][2] - The joint venture consists of Parkit (50% share), Decade Capital (25% share), and Southside Group (25% share) [1][2] - Construction of two 15-story rental buildings, totaling 543 units, is set to begin in Q4 2025 [1][3][4] Contribution Details - The property contribution is valued at $12,900,000, and Parkit utilized a tax-free rollover to defer initial tax liabilities [2] - The joint venture aims to develop the site into a two-phase residential community [2] Residential Development Strategy - Parkit identified the highest and best use of the site as a transition from industrial to residential zoning [3] - The site is strategically located across from Fanshawe College, which has over 43,000 students, and along a new rapid-transit corridor [3] - The redevelopment plan includes two 15-story buildings with a total gross floor area of 487,151 square feet [3] Approval and Construction Timeline - The joint venture has received municipal approval and building permits for the first building, which will have 250 units and a gross floor area of 234,071 square feet [4] - Construction is scheduled to commence in Q4 2025, aligning with Parkit's strategy to unlock value through repositioning underutilized assets [4] Partner Profiles - Decade Capital is a real estate investment and development firm focused on high-potential assets, known for its strategic vision and execution [5] - Southside Group is a diversified real estate development and property management company with a strong legacy in Southwestern Ontario [6] Company Overview - Parkit Enterprise is focused on acquiring, growing, and managing strategically located industrial properties in key urban markets across Canada [7]
Xiao-I Corporation Renews Contract with Major Automotive Joint Venture for Cognitive AI Services
Prnewswire· 2025-11-21 14:35
Core Insights - Xiao-I Corporation has renewed its contract with a major Sino-European automotive joint venture for its intelligent dialogue robot and smart voice customer service solutions, indicating strong ROI and business improvements from its AI platforms [1][2] - The partnership aims to modernize customer service operations, showcasing the client's confidence in AI for sustained growth [1] - The integration of AI solutions has led to enhanced customer experience, operational efficiency, and significant cost savings [2] Company Overview - Xiao-I Corporation is a leading cognitive intelligence enterprise in China, specializing in AI solutions such as natural language processing, voice and image recognition, and machine learning [3] - The company has developed a diverse portfolio of cognitive intelligence technologies since its inception in 2001, promoting industrial digitization and intelligent transformation [3] Product Offerings - The Intelligent Dialogue Robot (iBot Pro) is a multi-channel platform that addresses a wide range of customer inquiries with a 0-code/low-code architecture for rapid deployment [5] - The Smart Voice Customer Service solution provides 24/7 voice-based support, allowing natural customer interactions and ensuring seamless transitions to human agents when necessary [5]
Surge Announces Update on Proposed Joint Venture with Evolution Mining Limited
Newsfile· 2025-11-21 12:00
Core Viewpoint - Surge Battery Metals Inc. is progressing towards finalizing a joint venture with Evolution Mining Limited, which has received conditional approval from the TSX Venture Exchange, subject to customary closing conditions [1][2]. Company Overview - Surge Battery Metals Inc. is a Canadian mineral exploration company focused on securing domestic lithium supply through the Nevada North Lithium Project, which is essential for electric vehicle production [3]. - Evolution Mining Limited is a prominent gold mining company operating six mines across Australia and Canada [4]. Nevada North Lithium Project - The Nevada North Lithium Project is located in the Granite Range, Nevada, and has identified a mineralized zone of lithium-bearing clays over a strike length of more than 4,300 meters and a width exceeding 1,500 meters [5]. - The project has an Inferred Resource of approximately 8.65 million tons of Lithium Carbonate Equivalent (LCE) with a grade of 2,955 ppm Li at a 1,250 ppm cutoff [5]. - A recently completed Preliminary Economic Assessment (PEA) indicated an after-tax NPV at 8% of US $9.17 billion and an after-tax IRR of 22.8% at a price of $24,000 per ton LCE, with an operating expense of US $5,243 per ton LCE [5].
Give Your Back a Break this Holiday with The Joint Chiropractic's "Back Friday Deals"
Prnewswire· 2025-11-17 18:30
Core Insights - The Joint Chiropractic is launching its annual "Back Friday" campaign to address the physical demands of the holiday season, offering additional chiropractic visits with the purchase of visit packages [1][2]. Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S., operating over 950 locations and facilitating more than 14 million patient visits annually [6]. - The company has revolutionized access to chiropractic care since 2010 by introducing a retail healthcare business model that eliminates the need for insurance [6]. - The Joint Chiropractic is recognized for its convenient services, including no appointments and affordable care, appealing to a wide demographic from children to seniors [4]. Campaign Details - The "Back Friday" campaign runs from November 17 to December 8, 2025, offering one additional visit with a 6-visit package, two additional visits with a 10-visit package, and four additional visits with a 20-visit package [2][8]. - The campaign aims to alleviate stress-related physical issues during the holidays, such as headaches and muscle tension, through chiropractic adjustments [3]. Industry Recognition - The Joint Chiropractic has been consistently ranked in various prestigious lists, including Franchise Times' "Top 400" and "Fast & Serious" lists, and has been named "No. 1 in Chiropractic Services" by Entrepreneur [6].
Skyharbour Enters into Major Strategic Agreement with Denison Mines to Form Four New Joint Ventures at Russell Lake; Combined Project Consideration of up to $61.5 Million
Globenewswire· 2025-11-17 09:00
Core Insights - Skyharbour Resources Ltd. has entered into a definitive repurchase agreement with Denison Mines Corp. for the Russell Lake Uranium Project, which includes a total project consideration of up to CAD $61.5 million [4][5][9] Transaction Overview - Denison will acquire an initial project interest in the Russell Lake Uranium Project, with the transaction structured into four joint ventures [4][5][8] - The total consideration includes CAD $21.5 million in cash or share payments and up to CAD $40 million in expenditures over seven years for Denison to earn between 20% and 70% ownership [5][9] - The agreement includes an upfront payment of CAD $2 million and deferred payments totaling CAD $16 million [9][10] Project Structure - The Russell Lake Project will be divided into four joint ventures: Russell Lake (80% Skyharbour, 20% Denison), Getty East (70% Skyharbour, 30% Denison), Wheeler North (51% Skyharbour, 49% Denison), and Wheeler River Inlier Claims (30% Skyharbour, 70% Denison) [5][8][18] - Denison has committed to a minimum of CAD $4 million in exploration expenditures over the first two years for Wheeler North and Getty East [5][6] Strategic Importance - The Russell Lake Project is strategically located in the Eastern Athabasca Basin, enhancing accessibility due to nearby infrastructure [4][17] - The partnership with Denison is expected to leverage their experience from the Wheeler River Project to advance exploration at Russell [4][6] Exploration Potential - The Russell Lake Project covers 73,314 hectares and hosts numerous prospective targets, including the Christie Lake, Blue Steel, and Kowalchuk areas [17][19][20] - The claims remain underexplored, presenting opportunities for new discoveries and expansion of known mineralized zones [23] Future Plans - Skyharbour will continue to operate the majority of the claims at Russell while benefiting from Denison's financial commitment to fund exploration activities through 2026 [6][18] - The company aims to maximize shareholder value through new mineral discoveries and long-term partnerships [29]