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WF Holding Announces Pricing of Initial Public Offering
GlobeNewswire News Room· 2025-03-27 00:30
Core Viewpoint - WF Holding Limited, a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, is set to list its shares on the Nasdaq Capital Market under the ticker symbol "WFF" with an initial public offering (IPO) price of US$4.00 per share, aiming to raise US$8 million in gross proceeds from the sale of 2,000,000 ordinary shares [1][2]. Group 1: Offering Details - The IPO consists of 2,000,000 ordinary shares priced at US$4.00 each, with an additional 300,000 shares available for underwriters to purchase within 45 days post-offering [1]. - The offering is expected to close around March 28, 2025, subject to customary closing conditions [1]. - Dominari Securities LLC is the lead underwriter, with Revere Securities LLC as a co-underwriter [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards expanding production capacity, hiring and training staff, working capital, and general corporate purposes [2]. Group 3: Company Background - WF Holding Limited is an ISO 9001:2015 certified manufacturer specializing in FRP products such as tanks, pipes, and ducts, with over 30 years of experience in the industry [6]. - The company focuses on delivering high-quality and durable products that enhance industrial infrastructure, promoting resilience and sustainability [6].
Nasdaq Correction? No Problem!
ZACKS· 2025-03-26 14:30
Group 1: Market Overview - The Nasdaq Composite has declined 3.97% over the past month, indicating a correction in the tech-heavy index [1] - Market pullbacks often create opportunities for long-term investors to buy high-quality stocks at a discount [1] Group 2: NVIDIA (NVDA) - NVIDIA's data center revenues reached $35.6 billion in Q4 of fiscal 2025, contributing to an annual total of $115.2 billion, more than doubling from the prior year [2] - NVIDIA's fourth-quarter revenues of $39.3 billion were up 78% year over year, with AI-related sales making up more than 80% of total sales [3] - Despite a 4.69% stock decline, NVIDIA's current valuation is appealing, trading at a forward P/E ratio of 28.05, below the industry average of 29.29, indicating potential undervaluation [4] Group 3: Broadcom (AVGO) - Broadcom's AI-related revenues surged to $4.1 billion in Q1 of fiscal 2025, marking a 77% year-over-year growth [6] - Broadcom reported $14.92 billion in revenues for Q1, a 24.71% year-over-year increase, with expectations for AI revenues to grow to $4.4 billion in Q2 [7] - Despite a 7.05% stock decline, Broadcom's stock trades at a forward P/E ratio of 30.79, below its one-year median of 34.24, indicating a favorable entry point [8] Group 4: Investment Outlook - The AI market is projected to reach unprecedented economic heights over the next decade, suggesting that buying NVDA and AVGO on this dip could yield significant long-term gains [10] - AVGO holds a Zacks Rank 1 (Strong Buy), while NVDA carries a Zacks Rank 2 (Buy) [10]
Amber International to Ring Nasdaq Closing Bell on March 28, 2025, Celebrating Successful Nasdaq Listing and Strategic Growth Momentum
Prnewswire· 2025-03-26 13:00
Core Insights - Amber International Holding Limited has successfully transitioned to a publicly listed company on Nasdaq, marking a significant milestone in the institutionalization of digital assets [2][4] - The company will celebrate this achievement by ringing the Nasdaq Closing Bell on March 28, 2025, with key executives and partners in attendance [3][4] Company Overview - Amber International, operating under the brand name "Amber Premium," is a leading provider of institutional crypto financial services and solutions [5] - The company offers institutional-grade market access, execution infrastructure, and investment solutions to optimize digital asset portfolios for institutions and high-net-worth individuals [5] Leadership Statements - CEO Wayne Huo emphasized that the Nasdaq listing reflects the hard work and resilience of the company, validating its mission to provide secure and compliant access to the digital asset economy [4] - Chairman Michael Wu highlighted the company's growth from a startup to a Nasdaq-listed entity with a billion-dollar market capitalization, reaffirming its commitment to governance, transparency, and client-centric innovation [4]
BrainStorm Cell Therapeutics Granted Compliance Extension from Nasdaq
Prnewswire· 2025-03-26 12:15
Core Viewpoint - BrainStorm Cell Therapeutics Inc. has been granted an extension until June 30, 2025, by the Nasdaq Hearings Panel to regain compliance with certain continued listing standards of The Nasdaq Capital Market [1][2]. Group 1: Compliance and Listing - The company presented its compliance plan to the Nasdaq Hearings Panel on February 25, 2025, which resulted in the granted extension [2]. - The extension reflects the company's commitment to executing its compliance plan within the specified timeframe [2]. Group 2: Company Initiatives - The company is focused on launching a Phase 3b ALS study for its NurOwn® therapy, reducing overall debt, and pursuing strategic partnerships to enhance its pipeline [3]. - BrainStorm is dedicated to maintaining transparency and will provide updates as necessary during this process [3]. Group 3: Technology and Development - BrainStorm is a leading developer of therapies for neurodegenerative diseases, holding exclusive worldwide licensing rights for the NurOwn® technology platform, which produces autologous MSC-NTF cells [4]. - The NurOwn® cells have received Orphan Drug designation from the FDA and EMA for ALS, and the company is planning a confirmatory Phase 3b trial to evaluate safety and efficacy [4]. - The company has also completed a Phase 3 trial for NurOwn in ALS and is advancing studies in progressive multiple sclerosis, supported by grants from CIRM and NMSS [4].
S&P 500 and Nasdaq tipped for flat start amid mortgage and durable good data
Proactiveinvestors NA· 2025-03-26 12:05
Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company specializes in medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Nasdaq Correction: 3 Unstoppable Growth Stocks to Buy on the Dip
The Motley Fool· 2025-03-26 08:45
Group 1: Market Overview - The Nasdaq Composite is down 9.1% this year and is currently trading in correction territory [1] - Despite some stocks bouncing back, there are intriguing buying opportunities available for strong future returns [1] Group 2: Alphabet (GOOGL) - Alphabet's stock is down 10.2% since the start of the year, affected by concerns around tariffs and economic conditions [3][4] - The company plans to acquire cybersecurity firm Wiz for $32 billion, which could expand its offerings and create new growth opportunities [4] - Alphabet's stock is trading at 21 times its trailing earnings, which is considered relatively cheap, and a potential breakup could unlock more value for its business segments [5][6] Group 3: Advanced Micro Devices (AMD) - AMD's stock is down 5.5% this year and over 36% in the past 12 months, despite growth in the AI sector [7][8] - The AI chip market is projected to grow from $71 billion in 2024 to over $323 billion by 2030, indicating significant demand for AI chips [8] - AMD's sales grew by 24% year over year in the last three months of the previous year, reaching $7.7 billion, suggesting potential for future growth [9] Group 4: Apple (AAPL) - Apple's stock is down 10.7% this year, with concerns over its slow rollout of AI capabilities for its products [10][13] - The company reported over $96 billion in profit over the trailing 12 months, indicating strong financial health despite current challenges [12] - While the slow introduction of AI features may be disappointing, it is unlikely to have a devastating long-term effect on the business due to its loyal customer base [11][12]
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date March 14, 2025
Globenewswire· 2025-03-25 20:05
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- At the end of the settlement date of March 14, 2025, short interest in 3,124 Nasdaq Global MarketSM securities totaled 13,066,514,117 shares compared with 12,765,719,651 shares in 3,117 Global Market issues reported for the prior settlement date of February 28, 2025. The mid-March short interest represents 2.14 days compared with 2.42 days for the prior reporting period. Short interest in 1,634 securities on The Nasdaq Capital MarketSM totaled 2,598,104,131 share ...
eToro targets $4.5B valuation in Nasdaq IPO
Proactiveinvestors NA· 2025-03-25 14:44
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Nasdaq Correction: 1 Magnificent Stock Down 20% From Highs to Buy Now and Hold Forever
The Motley Fool· 2025-03-25 10:45
Core Insights - The Nasdaq Composite is recovering from a correction, currently down almost 6% this year, with Amazon's stock down about 16% from its highs despite strong Q4 performance [1] - Amazon is leveraging generative AI to enhance its services and offerings, viewing it as a significant growth opportunity [2][3][5] AI and Technology - Amazon has utilized AI for decades, primarily for data sorting and operational efficiencies [2] - The recent advancements in generative AI allow for content creation and enhanced reasoning capabilities, which Amazon is integrating into its AWS offerings [3][4] - The partnership with Nvidia enables AWS clients to create customized foundation models, enhancing cost efficiency and service offerings [4] E-commerce Growth - E-commerce remains Amazon's largest business segment, with ongoing improvements in product offerings and delivery times [6] - Amazon is enhancing its distribution strategy to compete with physical retailers like Walmart and Costco, increasing its 24-hour delivery capability to 140 metro areas, a 40% increase year-over-year [7] Operational Efficiency - The company is investing in AI and robotics to improve fulfillment speed and reduce costs, with a new facility demonstrating a 25% reduction in processing time [8] Advertising and Streaming - Amazon's advertising segment showed robust growth at 18% year-over-year, becoming the second-highest growth area behind AWS [10] - The integration of ads with Prime video is positioning Amazon competitively against Netflix and Disney, providing targeted advertising solutions for third-party sellers [11] Stock Valuation - Amazon's stock is currently trading at a forward one-year P/E ratio of approximately 30, considered a bargain given the company's growth potential [11] - The company is viewed as a long-term investment opportunity, with significant growth avenues ahead [12]
纳斯达克新规落地——IPO门槛全面提升,中小企业赴美上市面临更大挑战
Sou Hu Cai Jing· 2025-03-25 10:08
2025年3月12日,美国证券交易委员会(SEC)发布公告,正式批准纳斯达克关于首次上市流动性要求的重大修订(于2024年12月30日提案),新规将在SEC批 准后30天生效(预计2025年4月11日)。 此次调整是近20年来最严格的规则改革,核心在于提高企业IPO及OTC转板门槛,要求新股发行满足流通公众持股市值(MVU PHS)标准,封堵了"老股转 售"漏洞。 纳斯达克新规落地——IPO门槛全面提升,中小企业赴美上市面临更大挑战 *MVUPHS(Market Value of Unrestricted Publicly Held Shares),即非限制性公开持有的股份市值,指不由公司高管/董事/10%股东持有的、且不受任何转 售限制的股份。 壹、纳斯达克旧规定 根据纳斯达克旧规定,企业在计算IPO上市规则里的最低流通股市值(MVUPHS)时,此时流通股定义为,除了在发行中出售的主要股份外,以前发行但已 注册转售的股份(转售股份),且不是公司高管、董事或10%的股东持有,也会被计算为UPHS。此外,对于OTC市场转板的公司,原规则允许公司通过"包 销公开发行至少400万美元"以替代日均交易量(ADV)要求 ...