Workflow
SRx Health Solutions Announces Intention to Create Subsidiary for Crypto-Based Borrowing
GlobeNewswire· 2025-05-09 13:49
Core Viewpoint - SRx Health Solutions, Inc. plans to establish a subsidiary to borrow cryptocurrencies like Solana and Bitcoin against its Halo assets, aiming to enhance financial flexibility for its business operations [1][2]. Group 1: Company Strategy - The proposed subsidiary will allow SRx to leverage its Halo profits in exchange for cryptocurrency, thereby limiting dilution for common shareholders while providing operational financial flexibility [2]. - The capital raised through this initiative will be directed towards marketing and sales budgets for the Halo brand, indicating a strategic focus on growth and market presence [2]. Group 2: Company Overview - SRx Health Solutions, Inc. is a Canadian healthcare services provider operating in the specialty healthcare industry, with a network that spans all ten Canadian provinces [3]. - The company emphasizes a patient-centric approach, combining industry knowledge and technology to deliver customized healthcare solutions that aim to improve wellness for Canadians [3].
Procedure for the payment of AB Amber Grid dividends for 2024
GlobeNewswire· 2025-05-09 13:43
Core Points - AB Amber Grid shareholders approved a dividend of EUR 0.0599 per share for the year 2024 during the general meeting held on April 30, 2025 [1] - Dividends will be distributed starting May 26, 2025, with specific procedures for shareholders based on their account management [2] - Taxation on dividends includes a 15% withholding tax for individual residents and a 16% corporate tax for legal entities, with provisions for reduced rates under double taxation agreements [3] Group 1 - The decision on profit distribution and dividend payment was made by AB Amber Grid shareholders [1] - The dividend payment process involves financial brokerage companies and authorized custodians, ensuring compliance with Lithuanian tax laws [2] - Shareholders can submit requests for reduced tax rates by providing necessary documentation to AB Amber Grid by May 19, 2025 [3] Group 2 - For inquiries regarding dividend payouts, shareholders can contact AB SEB bankas or the Head of Communications at AB Amber Grid [4]
Remitly Announces Upcoming Investor Conference Participation 
GlobeNewswire· 2025-05-09 13:30
Company Overview - Remitly Global, Inc. is a trusted provider of digital financial services that operate across borders, with a presence in over 170 countries [2] - The company offers a digitally native, cross-border payments app that provides customers with a fast, reliable, and transparent money movement experience [2] - Remitly is expanding its product suite to further its vision and transform lives globally [2] Upcoming Investor Conferences - Remitly's management team will present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 14, 2025, at 2:20 p.m. Eastern Time [1] - The company will also present at the Barclays 15th Annual Emerging Payments and FinTech Forum on May 20, 2025, at 10:20 a.m. Eastern Time [1] - Presentations will be webcast live from Remitly's investor relations website, with replays available afterward [1]
AB Amber Grid Operating Results for the 1st Quarter of 2025
GlobeNewswire· 2025-05-09 13:30
Core Insights - AB Amber Grid reported its financial results for the 1st quarter of 2025, showing a slight increase in revenue and net profit compared to the same period in 2024. Financial Performance - EBITDA for Q1 2025 was EUR 8.9 million, a decrease from EUR 9.0 million in Q1 2024 [1] - Adjusted net profit for Q1 2025 was EUR 3.8 million, up from EUR 3.4 million in Q1 2024 [2] - Revenue for Q1 2025 reached EUR 20.8 million, compared to EUR 20.6 million in Q1 2024 [5] - Net profit for Q1 2025 was EUR 4.2 million, an increase from EUR 4.0 million in Q1 2024 [5] Return on Equity - Average return on equity (ROE) for the last 12 months as of March 31, 2025, was 4.6%, down from 8.3% as of March 31, 2024 [1] - Adjusted ROE for the last 12 months as of March 31, 2025, was 5.6%, an increase from 4.7% as of March 31, 2024 [2] Regulatory Adjustments - Adjustments to regulated income, costs, and profitability indicators were made due to temporary regulatory differences approved by the National Energy Regulatory Council (NERC) [3]
Vystar Develops Revolutionary Leap in Air Purification Utilizing its Patented Hughes Reactor
GlobeNewswire· 2025-05-09 13:29
Core Insights - Vystar Corporation has developed a next-generation RXAIR prototype utilizing the Fluid Energy Conversion - Hughes Reactor, which is currently undergoing final pre-production testing [1] Group 1: Technology Development - The Hughes Reactor, created by Dr. Bryan Stone, enables remarkable control of molecular interactions, allowing for the conversion of waste energy into usable energy [2] - Vystar's technology aims to improve control of airborne diseases by integrating ultrasonics and ultraviolet energy, providing a unique approach to air purification [3] - The Hughes Reactor transforms the flow of liquids or gases into sound waves, which can be amplified without moving parts, offering clean and controllable energy for various applications [4] Group 2: Environmental Impact - Vystar is committed to advancing technology that protects the environment and the health of individuals in spaces where its products are utilized [5] Group 3: Company Overview - Vystar Corporation, based in Worcester, Massachusetts, owns RxAir UV light air purification products and Vytex Natural Rubber Latex, a biodegradable material with reduced protein levels for safety and durability [6]
NOTICE TO THE ANNUAL GENERAL MEETING
GlobeNewswire· 2025-05-09 13:22
Core Points - The Annual General Meeting (AGM) of Afarak Group SE is scheduled for June 3, 2025, at 10:00 a.m. Finnish time, with registration starting at 9:30 a.m. [1] - Shareholders have the option to vote in advance, with instructions provided in the AGM notice [2] Agenda Items - Presentation of the annual accounts, the Report of the Board of Directors, the Auditor's report, and the Assurance Report on the Sustainability Report for the year 2024 [4] - Adoption of the Group annual accounts, income statement, and balance sheet [5] - The Board proposes no dividend distribution for the financial year ended December 31, 2024, due to weaker results amid macroeconomic uncertainty [5][7] - The target dividend payout ratio is set at a minimum of 10% of Afarak Group's EBITDA per full year [6] - The Board of Directors proposes to authorize the distribution of a maximum of EUR 0.005 per share as dividend from retained earnings and/or assets from the reserve for invested unrestricted equity, valid until December 31, 2025 [7] - Approval of the remuneration report for governing bodies for 2024 is proposed [8] - The remuneration report was published on March 28, 2025, and is available on the company's website [9] - The Nomination and Remuneration Committee proposes the number of Board members to be three [13] - Dr. Jelena Manojlovic and Thorstein Abrahamsen are proposed for re-election, with Julien Duniague as a new member [14] - The Board proposes the re-election of Tietotili Audit Oy as the auditor and sustainability reporting assurer [15][16] Meeting Procedures - The meeting will include standard procedures such as opening, calling to order, approval of the agenda, and recording attendance [10] - Shareholders must register by May 21, 2025, to participate in the AGM [19] - Advance voting is available from May 12, 2025, to May 26, 2025 [30] - Shareholders can participate through a proxy representative [23] Additional Information - As of May 9, 2025, Afarak Group SE has a total of 277,041,814 shares issued, all with voting rights [38] - The company holds 15,641,514 shares in treasury [38]
SEALSQ to Lead the World's First Space-Based Quantum Key Distribution Proof-of-Concept with the June 2025 Launch of WISeSat 2.1 Embedding WISeKey Quantum RootKey
GlobeNewswire News Room· 2025-05-09 13:20
Geneva, Switzerland, May 09, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, together with WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY) and WISeSat.Space AG, today announced that on June 2025 will launch the WISeSat 2.1, the first satellite embedding SEALSQ’s WISeKey Quantum RootKey as part of a space-based Quantum Key Distribution (QKD ...
Flagship Communities Real Estate Investment Trust Releases 2024 ESG Report
GlobeNewswire· 2025-05-09 13:19
Core Insights - Flagship Communities Real Estate Investment Trust published its fifth annual Environmental, Social and Governance (ESG) Report, emphasizing its commitment to ESG initiatives such as renewable energy and tenant well-being [1][2] ESG Initiatives - The CEO highlighted the company's mantra of balancing investor returns with social responsibility, showcasing new security measures and community support initiatives [2] - The Report adheres to the Global Reporting Initiative (GRI) Sustainability Reporting Standards and the Sustainability Accounting Standards Board (SASB) framework [2] Community Development - Flagship's White Pine Pointe community received the "Community of the Year" award for its transformation over 15 months [3] - The REIT was recognized as the Manufactured Home Community Operator of the Year and received the Community Impact Project of the Year award for Suburban Pointe [4] Sustainability Efforts - The company expanded its solar lighting program, installing over 2,100 solar lamps across 45 communities [5] - Water consumption was reduced by 25-35% through sub-metering technology and water re-capture programs [5] Company Overview - Flagship Communities operates affordable residential Manufactured Housing Communities, primarily serving working families in several states including Kentucky, Indiana, and Ohio [6]
Prospect Capital Honored for 2025 Middle-Market Deals of the Year Awards for Druid City Independent Sponsor Investment in Healthcare Industry
Newsfilter· 2025-05-09 13:17
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. ("Prospect"), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that Prospect has received an Honorable Mention in Mergers & Acquisitions' 2025 Middle-Market Deals of the Year Awards for Prospect's role in providing value-added capital to Druid City Infusion ("Druid City"). The recognition highlights Prospect's role as a significant capital provider and lender in the transaction, whic ...
Celularity Announces Full Year 2024 Operating and Financial Results
GlobeNewswire· 2025-05-09 13:15
Net revenues for the year ending December 31, 2024, totaled $54.2 million, an increase of $31.4 million, or 138.1%, compared to the previous year.FLORHAM PARK, N.J., May 09, 2025 (GLOBE NEWSWIRE) -- Celularity Inc. (Nasdaq: CELU) (“Celularity” or the “Company”), a regenerative and cellular medicine company, today announced operating and financial results for the year ended December 31, 2024. “We built momentum through 2024 and ended the year with a strong finish, as reflected in higher net revenues from the ...