NIP Group Appoints Carl Agren to Board and COO of Digital Computing Division
Globenewswire· 2025-09-10 12:30
Appointment Strengthens NIP Group’s Strategic Expansion in Digital Computing Infrastructure and Bitcoin MiningABU DHABI, United Arab Emirates, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced that it has appointed Carl Agren as a director of the Company and as chief operating officer (COO) of the Company’s Digital Computing Division spearheading the newly established Bitcoin mining business, effective immedia ...
Founder Group Limited Secures US$2.36 million Contract for a 30MW Large Scale Solar Plant in Malaysia
Globenewswire· 2025-09-10 12:30
KUALA LUMPUR, Malaysia, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic (PV) systems in Malaysia, is pleased to announce that it has secured a contract with prominent solar installation companies in Malaysia. The Company secured RM10 million (approximately US$2,358,490) contract for an engineering, procurement, construction, and commi ...
Pelican Acquisition Corporation (NASDAQ: PELI) Announces Definitive Merger Agreement with Greenland Exploration Limited and March GL Company, with the combined company to be named Greenland Energy Company
Globenewswire· 2025-09-10 12:30
Core Viewpoint - Pelican Acquisition Corporation has signed a definitive Agreement and Plan of Merger with Greenland Exploration Limited and March GL Company, aiming to create Greenland Energy Company, which will focus on hydrocarbon exploration in the Jameson Land Basin in East Greenland [1][4][8] Company Overview - Pelican Acquisition Corporation is a publicly listed special purpose acquisition company (SPAC) that is set to merge with Greenland Exploration and March GL, transitioning to Greenland Energy Company post-merger [1][15] - Greenland Exploration Limited is focused on developing strategic positions in North American energy assets, aiming to deliver long-term shareholder value [12] - March GL Company has entered into an agreement for drilling in the Jameson Land Basin and will fund exploration wells to delineate the energy potential of the area [13] Industry Insights - The Jameson Land Basin has significant hydrocarbon potential, with recoverable resources estimated in the multi-billion-barrel range, although it has remained undrilled due to past corporate and macroeconomic conditions [2][6] - March GL has reprocessed legacy seismic data, identifying over 50 distinct oil and gas targets, which positions the company to accelerate drilling efforts in the basin [3][5] - The Greenland Government has approved the mobilization of heavy equipment for drilling activities, indicating a supportive regulatory environment for resource development [4][5] Transaction Highlights - The merger is expected to close in the fourth quarter of 2025, with an implied valuation of $215 million for up to 70% ownership in the Jameson Land Basin [7][15] - Existing shareholders of Greenland Exploration and March GL will receive a significant number of shares in the new Greenland Energy Company, with Pelican shareholders receiving one share for each share they hold [15] Leadership and Governance - Post-merger, the leadership team will include Larry G. Swets, Jr. as Executive Chairman and Robert Price as CEO, with representatives from all three companies involved [10]
Workhorse W56 Eligible for California HVIP Vouchers of $85,000 and Higher; Dealers Submit Voucher Requests as Company Showcases Step Van at FedEx Forward Summit
Globenewswire· 2025-09-10 12:30
Core Insights - Workhorse Group Inc. announced that its W56 step van is eligible for $85,000 in base incentives through California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) [1][2] - The company expects a growing backlog for the W56 as demand increases, with initial HVIP voucher requests already submitted [2][3] - The W56 is designed for last-mile delivery and is available in two configurations, showcasing its capabilities at industry events [3][4] Company Overview - Workhorse Group Inc. focuses on the transition to zero-emission commercial vehicles, designing and building its vehicles in the USA [5] - The company entered into a merger agreement with Motiv Electric Trucks to create a leading North American medium-duty electric truck OEM, expected to close in Q4 2025 [6] Product Details - The W56 step van is available in 178-inch and 208-inch wheelbase configurations, offering cargo capacities of 1,000 or 1,200 cubic feet [4] - The vehicle has been tested in real delivery routes, logging tens of thousands of miles in service with FedEx and other providers [3]
Acorn Hosts Annual Meeting in New York City Wednesday, September 17th at 1pm ET; Meeting Also Accessible via Zoom
Globenewswire· 2025-09-10 12:27
Company Overview - Acorn Energy, Inc. is a provider of remote monitoring and control solutions for backup power generators, gas pipelines, and other mission-critical infrastructure assets [1] - The company owns a 99% equity stake in OmniMetrix, which specializes in IoT wireless remote monitoring and control solutions for various industrial equipment [5] Annual Meeting Details - The 2025 Annual Meeting of Stockholders will take place on September 17, 2025, at 1:00 p.m. ET in New York City and will also be accessible online via Zoom [1] - Investors must register in advance to attend the meeting, either in person or via Zoom, by contacting Acorn's investor relations team [2] Meeting Logistics - The meeting will be held at the Chrysler Building, 405 Lexington Ave., 9th Floor, Spaces Conference Center, with entry restricted to registered investors [3] - A Zoom link for the meeting is provided, and registered participants will be admitted from the waiting room just prior to the meeting's start [4] OmniMetrix Services - OmniMetrix serves tens of thousands of commercial and residential customers, including over 25 Fortune/Global 500 companies, providing support for critical infrastructure such as cell towers, manufacturing plants, and medical facilities [5] - The company's solutions enhance the reliability of critical systems and enable automated "demand response" electric grid support through enrolled backup generators [6]
Baltic Horizon Fund general meeting of investors
Globenewswire· 2025-09-10 12:15
Annual General Meeting of Baltic Horizon Fund investors took place on 9 September 2025 in Tallinn, Estonia. Proposed agenda of the meeting was the following: Presentation of the FY2024 audited annual report of Baltic Horizon Fund, as well as interim reports of Q1 and Q2 2025. Overview of the plans for Q3 and Q4. The agenda of the general meeting did not include any resolutions to be voted on. Fund Manager Tarmo Karotam gave an overview on the agenda topics. The presentation delivered at the meeting is at ...
CEA Industries ($BNC) Expands Holdings to 418,888 BNB ($368M USD), Strengthening Position as World’s Largest BNB Treasury
Globenewswire· 2025-09-10 12:10
NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC), (“BNC” or the “Company”), today announced the purchase of an additional 30,000 BNB ($26M USD) tokens, bringing its total holdings to 418,888 BNB ($368M USD) and reinforcing the Company’s position as the world’s largest corporate BNB treasury. This announcement, which follows a strong cadence of successful BNB acquisition announcements and governance milestones, demonstrates continued progress toward the Company’s publicly stated ...
Deca and Silicon Storage Technology Announce Strategic Collaboration to Enable NVM Chiplet Solutions
Globenewswire· 2025-09-10 12:09
Core Insights - The collaboration between Deca Technologies and Silicon Storage Technology (SST) aims to innovate a comprehensive non-volatile memory (NVM) chiplet package to enhance customer adoption of modular, multi-die systems [1][4] - This partnership combines Deca's M-Series™ fan-out and Adaptive Patterning technologies with SST's SuperFlash embedded flash technology, providing a bundled offering that enhances architectural flexibility and offers technical and commercial advantages over traditional monolithic integration [2][3] Company and Industry Overview - Chiplet technology is gaining traction in the semiconductor industry as it allows for more efficient and cost-effective product designs by enabling the combination of different chips, process nodes, and sizes [5] - The collaboration supports customers from early design through qualification and prototype manufacturing, aiming to streamline integration and accelerate design cycles for broader adoption of heterogeneous integration [4][6] - The partnership is positioned to deliver a comprehensive package of intellectual property (IP), simulation tools, and advanced assembly and engineering services necessary for successful chiplet development and productization [6]
TryHard Holdings Limited (NASDAQ: THH) Deepens Strategic Partnership with SBI Holdings and NEXYZ. Group
Globenewswire· 2025-09-10 12:04
— Strengthening Collaboration Centered on MUSIC CIRCUS —OSAKA, Japan, Sept. 10, 2025 (GLOBE NEWSWIRE) -- TryHard Holdings Limited ("TryHard" or the "Company", Nasdaq: THH) today announced that, in line with the capital alliance executed last year, TryHard together with its wholly-owned subsidiary, TryHard Japan Co., Ltd. (“TryHard Japan”), has transferred a portion of its shares in MUSIC CIRCUS Inc. (“MUSIC CIRCUS”) to and transitioned to a new framework in collaboration with SBI Holdings, Inc. (“SBI”), NEX ...
Maxus Mining Completes 2025 Exploration Program at the Penny Copper Project
Globenewswire· 2025-09-10 12:00
VANCOUVER, British Columbia, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce the completion of the 2025 exploration program (the "Program") on its Penny Copper Project (the "Penny Property", or the "Project") located in southeastern British Columbia, Canada. Resourceful Geoscience Solutions ("RGS") and Expert Geophysics Limited ("Expert Geophysics") were contracted to undertake the programs which were successfully executed throug ...