Silo Pharma Selects Alphaledger's T12 Fund for Tokenized Real-World Asset Investments on Solana Blockchain
Globenewswire· 2025-10-29 12:25
Core Insights - Silo Pharma has selected the Alphaledger/Simplify Target 12% Distribution Fund as a key part of its real-world asset investment strategy, aiming to diversify its treasury and integrate digital assets [1][3] - The Alphaledger T12 Fund is designed to provide high monthly income through a diversified portfolio of alternative income-generating strategies, operating on the Solana blockchain for efficiency and low costs [2][3] - The investment reflects a broader trend among institutions to incorporate tokenized real-world assets into their balance sheets, enhancing transparency and compliance in financial products [3] Company Overview - Silo Pharma is a developmental-stage biopharmaceutical and cryptocurrency treasury company focused on addressing underserved medical conditions, including stress-induced psychiatric disorders and chronic pain [7] - The company is engaged in innovative therapeutic programs, including SPC-15 for PTSD and SP-26 for fibromyalgia, and collaborates with leading universities for research [7] Fund Overview - The Alphaledger T12 Fund is a digital-native investment vehicle that provides access to tokenized real-world assets, leveraging blockchain technology for efficient investment pathways [2][4] - Managed by Alphaledger Investment Management LLC, the fund aims to transform investing through blockchain-powered asset tokenization [5][6]
Blue Foundry Bancorp Reports Third Quarter 2025 Results
Globenewswire· 2025-10-29 12:15
Core Insights - Blue Foundry Bancorp reported a net loss of $1.9 million, or $0.10 per diluted common share, for Q3 2025, an improvement from a net loss of $2.0 million in Q2 2025 and a net loss of $4.0 million in Q3 2024 [1][6][39]. Financial Performance - The net interest margin increased by six basis points to 2.34% compared to the previous quarter, driven by improvements in yield on assets and cost of funds [2][12]. - Interest income for Q3 2025 was $24.1 million, a 3.0% increase from the previous quarter, while interest expense rose to $11.9 million [6][39]. - The provision for credit losses was $589 thousand for Q3 2025, reflecting an increase in the provision for loans [6][39]. Loan Portfolio - Total loans increased by $131.4 million to $1.71 billion during the first nine months of 2025, with significant growth in consumer loans and commercial real estate [4][27]. - The consumer loan portfolio rose by $114.5 million, while the commercial real estate portfolio increased by $57.4 million [4][27]. - Construction and multifamily portfolios saw declines of $25.0 million and $23.8 million, respectively [4][27]. Deposit Growth - Total deposits reached $1.49 billion, an increase of $150.1 million from December 31, 2024, driven by increases in NOW and demand accounts and time deposits [7][27]. - Core deposits increased by $68.2 million, representing 57.8% of total deposits, up from 53.5% at the end of 2024 [7][27]. - Brokered deposits rose to $275.0 million, up from $155.0 million at the end of 2024 [7][27]. Shareholder Value - Tangible book value per share exceeded $15, reaching $15.14, reflecting the company's commitment to enhancing shareholder value [2][6]. - The company repurchased 837,388 shares at a weighted average price of $9.09 per share during the quarter [6][39]. Asset Quality - Non-performing loans totaled $11.4 million, or 0.66% of total loans, an increase from 0.33% at the end of 2024 [33][41]. - The allowance for credit losses as a percentage of gross loans was 0.81% as of September 30, 2025 [27][41].
2025 WPA Heyball World Championship Set to Ignite Brisbane - Win Cash Prizes Up to AUD 3,500
Globenewswire· 2025-10-29 12:05
BRISBANE, Australia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- The 2025 WPA Heyball World Championship will take place from November 1 to 5, 2025, at Nissan Arena in Brisbane, Australia. This grand sporting event, gathering the world’s top cueists, promises an unprecedented blend of competition and cultural experience. Hosted by JOY Billiards Group, and jointly supported by the WPA, WCBS, ANOC, and CSA, the championship will be played entirely under WPA Heyball Standard Rules. A total of 128 elite players from over ...
Bridger Aerospace Secures $331 Million in New Financing Commitments to Fuel Growth and Fleet Expansion
Globenewswire· 2025-10-29 12:05
BELGRADE, Mont., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced a significant financial milestone with a new senior secured facility of up to $331.5 million led by Bain Capital’s Private Credit Group (“Bain Capital”). In addition, in a separate announcement filed yesterday, the Company said it finalized its previously announced sale-le ...
24/7 Market News- Kraig Labs Eyes Multi-Billion-Dollar Eco-Luxury Apparel Market with Mass-Produced Spider Silk
Globenewswire· 2025-10-29 12:05
DENVER, Oct. 29, 2025 (GLOBE NEWSWIRE) -- 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that Kraig Biocraft Laboratories (OTCQB: KBLB), the undisputed global leader in the development and commercialization of spider silk, appears to be positioning itself at the forefront of a potential multi-billion-dollar eco-luxury apparel revolution. With synthetic spider silk production finally reaching meaningful commercial scale, Kra ...
Form 8.3 - Idox
Globenewswire· 2025-10-29 12:03
8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Rathbones Group Plc(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose re ...
Stellantis Recognizes 54 Global Suppliers at Fifth Annual Supplier of the Year Ceremony in Paris
Globenewswire· 2025-10-29 12:01
Core Insights - Stellantis recognized 54 global suppliers at its fifth annual Supplier of the Year ceremony, awarding 20 suppliers for their exceptional performance and commitment to operational excellence [2][4]. Group 1: Event Overview - The ceremony took place in Paris, the birthplace of Stellantis' brands, and was attended by over 200 global sourcing partners [3]. - The event included keynote presentations on Stellantis' future product strategy, brand strategy, customer experience, and quality initiatives [4]. Group 2: Leadership Statements - CEO Antonio Filosa highlighted the strategic importance of supplier partnerships, emphasizing collaboration to meet evolving customer needs and industry challenges [4]. - Chief Purchasing Officer Monica Genovese expressed appreciation for suppliers, stating that strong partnerships are essential for delivering high-quality components and building exceptional vehicles [4]. Group 3: Award Winners and Nominees - The 2025 Supplier of the Year award winners included notable companies such as ArcelorMittal, Continental, and Contemporary Amperex Technology Limited (CATL) [5]. - A total of 34 additional suppliers were nominated based on their outstanding performances, showcasing a diverse range of contributors to Stellantis' supply chain [2][6].
Teads appoints Fernando Tassinari as Managing Director of LATAM to lead a new phase of regional growth and transformation
Globenewswire· 2025-10-29 12:00
SÃO PAULO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Teads (NASDAQ: TEAD), the omnichannel outcomes platform for the Open Internet, today announced the appointment of Fernando Tassinari as Managing Director of LATAM, effective immediately. This strategic leadership addition reinforces Teads’ commitment to accelerating growth across key Latin American markets, expanding its branding and performance business, and strengthening its position as one of the world’s leading digital advertising platforms. With more than tw ...
NANO Nuclear Energy Celebrates KRONOS MMR™ Event at The University of Illinois Highlighted by Prospective Customer Announcing Planned Feasibility Study for 15 KRONOS Micro Modular Reactors
Globenewswire· 2025-10-29 12:00
NANO Nuclear Energy Inc. Figure 1 - NANO Nuclear Energy Celebrates KRONOS MMR™ Micro Modular Reactor Event at The University of Illinois Urbana-Champaign. The event also featured remarks from NANO Nuclear’s executive management, senior U of I leadership, representatives from engineering, construction and commercial stakeholders and former U.S. Military Leaders. Credit to Heather Coit/Illinois Grainger Engineering. NANO receives support from key stakeholders for prototype project, including announcement ...
Capital Power reports strong third quarter 2025 results, advancing flexible generation¹ growth and contracting success
Globenewswire· 2025-10-29 12:00
CFO Sandra Haskins announces retirement after 23 years of leadership and financial excellenceEDMONTON, Alberta, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2025. Strategic highlights Executed a new long-term contract for Midland Cogeneration Venture (MCV)2 through to 2040, with improved economic terms, adding 10 years of incremental contracted revenueCommissioned 170 MW of battery storage in Ontario contracted th ...