Workflow
Kinetic Wins State Approvals of $156 Million in BEAD Grants to Expand Multi-Gig Fiber Broadband
Globenewswire· 2025-09-10 13:00
Core Points - Kinetic has received preliminary approval for federal grants under the Broadband Equity Access and Deployment (BEAD) program, which will provide multi-gigabit fiber connections to approximately 52,000 rural homes and businesses across four states, with nearly 50,000 in Georgia [1][2] - The total amount of the grants is $156.6 million, pending final approval by the National Telecommunications and Information Administration [2][7] - Kinetic's expansion efforts are supported by public-private partnerships, which have been crucial for extending fiber services to economically challenging areas [2][4] Company Expansion Plans - Kinetic currently offers gigabit and multi-gigabit broadband services to over 370,000 homes and businesses in Georgia, with about 20% of these locations benefiting from public-private partnerships [3] - The company is executing a multi-year, multi-billion-dollar network modernization project aimed at expanding fiber broadband service throughout its 18-state footprint, with fiber now passing over 1.7 million homes and serving an additional 2.1 million locations [4][5] - Kinetic aims to extend fiber to over 3.5 million homes by 2029, which will cover approximately 75% of its operational footprint [6] Financial and Operational Context - The BEAD awards for Georgia include $147.3 million for 49,346 locations, $5 million for 1,395 locations in Arkansas, $2 million for 280 locations in New Mexico, and $2.3 million for 943 locations in North Carolina [7] - The merger between Windstream and Uniti Group, Inc. has positioned Kinetic to accelerate its fiber broadband build plans across all 18 states [5]
NeoVolta Enters Into Letter of Intent to Acquire Neubau Energy's Next-Generation Battery Platform
Globenewswire· 2025-09-10 12:59
Companies Launch Integrated Operations at RE+ 2025SAN DIEGO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) has signed a letter of intent to acquire strategic assets of Neubau Energy, positioning the combined entity to capture significant share of the rapidly expanding residential energy storage market while avoiding anticipated 2026 battery import tariffs that could exceed 28%. The companies are already demonstrating their integrated platform this week at RE+ 2025 (Booth V12313), and NeoVo ...
Vimeo Enters into Definitive Agreement to Be Acquired by Bending Spoons for $1.38 Billion
Globenewswire· 2025-09-10 12:50
Core Points - Vimeo, Inc. has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion, with shareholders receiving $7.85 per share, representing a 91% premium over the 60-day volume-weighted average share price as of September 9, 2025 [1][2][3] Group 1: Transaction Details - The acquisition has been unanimously approved by Vimeo's Board of Directors and is expected to close in the fourth quarter of 2025, pending customary closing conditions and approvals [3] - Upon completion, Vimeo will become a privately held company, and its capital stock will no longer be listed on any public stock exchange [3] Group 2: Strategic Intent - The Board believes this transaction delivers compelling value to Vimeo shareholders and positions the company to accelerate its strategic roadmap as part of Bending Spoons [2] - Bending Spoons aims to make ambitious investments in the US and other priority markets, focusing on enhancing performance and reliability, and introducing advanced features [2] Group 3: Company Background - Vimeo is recognized as one of the world's most innovative video experience platforms, serving millions of users, including creative storytellers and large corporations [6] - Bending Spoons has a diverse portfolio of digital technology businesses, serving over 300 million users and 10 million paying customers each month [8]
Abcourt Announces Increase to Loan Financing With Nebari to Accelerate Sleeping Giant Mine Development
Globenewswire· 2025-09-10 12:48
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ROUYN-NORANDA, Quebec, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has entered into an amended credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II, LP (the “Lender” or “Nebari”) pursuant to which an additional USD$2,000,000 is made available as a loan to the Corporation (the “Upsized ...
Trump Media Announces Filing of Registration Statement for Five America First Themed Equity ETFs
Globenewswire· 2025-09-10 12:48
ETFs to Launch Later This Year SARASOTA, Fla., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media” or the “Company”), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that Yorkville America Equities has filed with the U.S. Securities and Exchange Commission (SEC) the initial registration statement (the “Registration Statement”) for five America First themed exchang ...
Earth's Best® Reinforces Industry Leadership with Infant Formula Certifications for Purity, Safety and Quality
Globenewswire· 2025-09-10 12:45
Brand Achieves Clean Label Project Awards and Recognized by BabyCenter,What to Expect and Consumer Reports for Excellence in Organic Infant Nutrition HOBOKEN, N.J., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Earth's Best®, a pioneer in organic baby food and trusted partner to parents and caregivers to provide the nutrition little ones need from birth to backpack, is proud to announce several new achievements for leadership in organic nutrition. Most recently, the brand achieved Clean Label Project® Purity Awards a ...
Cycurion Secures $4.6 Million of Incremental Contract Awards
Globenewswire· 2025-09-10 12:45
MCLEAN, Va., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (“Cycurion” or the “Company”), a leading innovator in AI-driven cybersecurity and IT solutions, today announces an additional $4.6 million in new contracts to be earned over the next year, building on the previously announced $69 million in contracts, for a total of $73.6 million in AI-powered growth across multiple sectors. Leveraging its proprietary AI-enhanced Cyber Shield / ARx platform, the Company is driving over 15 engagements with contra ...
Birchtech to Exhibit at Upcoming Water Industry Conferences
Globenewswire· 2025-09-10 12:31
CORSICANA, Texas, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced its participation and exhibition at the following upcoming water and wastewater industry conferences. WaterPro ConferenceDate: September 15-17, 2025 Location: New Orleans, Louisiana - Ernest N. Morial Convention Center Booth: 528About: The WaterPro Conference is the official ...
Actuate Therapeutics Announces Pricing of $15.0 Million Public Offering of Common Stock
Globenewswire· 2025-09-10 12:31
CHICAGO and FORT WORTH, Texas, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Actuate Therapeutics, Inc. (NASDAQ: ACTU) (“Actuate” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment of high-impact, difficult-to-treat cancers through the inhibition of glycogen synthase kinase-3 beta (GSK-3β), today announced that it has priced an underwritten public offering of 2,142,858 shares of its common stock at an offering price of $7.00 per share of common stock. Actuat ...
Aware Launches New Intelligent Liveness Solution
Globenewswire· 2025-09-10 12:30
New solution delivers 50% higher accuracy, sub-second capture speeds, and unmatched fraud resistanceBURLINGTON, Mass. and WASHINGTON, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Identity Week America 2025 – Aware, Inc. (NASDAQ: AWRE), a leading global biometric authentication company, today announced the launch of Intelligent Liveness, a novel liveness detection capability that delivers the speed of passive detection with the precision of active verification all while preserving a seamless user experience. “The futu ...