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VisionWave Holdings, Inc. Announces Intention to Launch Up to £500,000 Autonomous Ground Vehicle Program with Evie Autonomous
Globenewswire· 2025-12-12 13:30
Core Insights - VisionWave Holdings, Inc. has entered into a non-binding letter of intent with Evie Autonomous Limited to explore a £500,000 Proof-of-Concept program for integrating autonomous vehicle technology into VisionWave's Unmanned Ground Vehicle platforms [1][3] - The collaboration marks VisionWave's first strategic initiative following its de-SPAC listing on Nasdaq in July 2025, aiming to enhance its multi-domain autonomy strategy and address European demand in 2026 and beyond [4][5] Company Developments - Discussions and technical evaluations between VisionWave and Evie Autonomous began around August 2025, coinciding with VisionWave's expansion of its UGV R&D team in London [2] - The proposed POC program, if agreed upon, is expected to commence in 2026, focusing on advanced navigation, mission execution, and multi-sensor fusion capabilities [3] Strategic Goals - VisionWave is actively pursuing additional acquisitions and integrations, including negotiations to acquire Monte drones and related robotics technologies to complement its RF-perception and autonomy engine [4] - The collaboration with Evie Autonomous aligns with VisionWave's strategy to enhance its capabilities in defense technology and autonomous systems [5]
Alliance Entertainment's Handmade by Robots™ Welcomes Seasoned Sales Executive Brian Maggio to Drive Next Phase of Growth
Globenewswire· 2025-12-12 13:30
Core Insights - Alliance Entertainment Holding Corporation has appointed Brian Maggio as Vice President of Sales for its Handmade by Robots™ brand, aiming to accelerate commercial growth following strong performance since joining the Alliance portfolio last year [1][2][3] Company Overview - Alliance Entertainment is a leading distributor and omnichannel fulfillment partner in the entertainment and pop culture collectibles industry, offering over 340,000 unique SKUs across various categories including music, video, and collectibles [1][5] - The company serves over 35,000 retail and e-commerce storefronts, providing a vast catalog that includes licensed merchandise and exclusive collectibles [5] Brand Development - Handmade by Robots™ is recognized for its unique vinyl figures that resemble knitted and crocheted characters, gaining traction among major retailers and fan communities [2][4] - The brand has established licensing partnerships with iconic entertainment franchises and has a loyal global collector base, positioning it for expanded retail penetration and product innovation [2][3] Leadership and Strategy - Brian Maggio brings extensive experience in sales strategies for licensed products across various channels, which is expected to enhance retail partnerships and support the brand's roadmap of character franchises and new product formats [3][4] - The appointment of Maggio is seen as a strategic move to deepen engagement with licensors and strengthen the brand's market presence [3][4]
CCC Announces $500 Million Share Repurchase Authorization and $300 Million Accelerated Share Repurchase Program
Globenewswire· 2025-12-12 13:30
CHICAGO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced that its Board of Directors has authorized a new share repurchase program of up to $500 million of the Company’s outstanding common stock. This new authorization follows the $300 million program announced in December 2024, which has been fully utilized. Under this authorization, the Company ...
Meet the New Benchmark in Global Automotive Safety, GEELY OPENS WORLDS LARGEST VEHICLE TESTING CENTRE
Globenewswire· 2025-12-12 13:30
Ningbo, Dec. 12, 2025 (GLOBE NEWSWIRE) -- New Geely Safety Centre sets five new Guinness World Records for size, scope and capability Geely Safety Centre offers fully capability for new tests for the electrified and intelligent vehicle eraCybersecurity, data privacy protection, health, and environmental protection included in Geely’s new concept of Comprehensive SafetyGeely Safety Centre becomes new platform for collaboration with global partners on safety technologies and standards Ningbo— Geely Auto Gro ...
Cerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
Globenewswire· 2025-12-12 13:30
MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...
VCI Global Concludes ELOC to Simplify Capital Structure and Prepare for Multi-Subsidiary Listings
Globenewswire· 2025-12-12 13:30
Enhance Capital Structure Supports Digital Asset Treasury Expansion and Institutional-Grade Growth StrategyKUALA LUMPUR, Malaysia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced the conclusion of its Equity Line of Credit (ELOC) facility. This strategic move streamlines the Company's capital structure and positions the Company to concentrate on its highest-priority growth areas, including its Digital Asset Treasury (DaT) initiatives and it ...
NewGen to Exercise Option to Convert Ras Al Khaimah Joint Venture into Joint Development, Projected to Boost Profits from US$67 Million to US$123 Million
Globenewswire· 2025-12-12 13:30
Strategic Move to Unlock Further Value and Accelerate Project Momentum with Planned Fundraising and Upcoming Presale LaunchBANGKOK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (“NewGen” or the “Company,” NASDAQ: NIVF), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today announced its intention to exercise an option under its joint venture agreement (“JVA”) with BNW Real Estate Development LLC (“BNW”) to co ...
Norwood Financial Corp Announces Receipt of Regulatory Approvals for Acquisition of PB Bankshares, Inc.
Globenewswire· 2025-12-12 13:15
HONESDALE, Pa., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp (NASDAQ Global Market: NWFL), the holding company for Wayne Bank, announced that it has received final regulatory approvals for its proposed acquisition of PB Bankshares, Inc. (“PB Bankshares”) and its wholly owned subsidiary, Presence Bank. [PB Bankshares previously announced on December 11, 2025, that its shareholders approved its proposed merger with Norwood Financial Corp.] Subject to the satisfaction of customary closing condition ...
BitFuFu Named to World Future Awards’ TOP 100 Next Generation Companies for 2025
Globenewswire· 2025-12-12 13:15
SINGAPORE, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (Nasdaq: FUFU), a world-leading Bitcoin miner and mining services innovator, has been named one of the World Future Awards’ TOP 100 Next Generation Companies of 2025, a global honor recognizing organizations shaping the future through excellence, innovation, and positive impact. In an official congratulatory letter issued by the World Future Awards Organizing Committee, the panel commended BitFuFu for its “dedication to ...
Sintana Energy Inc. Announces Court Sanction of Scheme of Arrangement and Issue of Shares
Globenewswire· 2025-12-12 13:06
Core Viewpoint - Sintana Energy Inc. has received approval for the acquisition of Challenger, which will be executed through a Court-sanctioned scheme of arrangement under Isle of Man law, with the effective date expected on December 16, 2025 [1][2][4]. Group 1: Acquisition Details - The acquisition involves Sintana acquiring the entire issued and to be issued ordinary share capital of Challenger, with the Scheme sanctioned by the Court [1][3]. - The Scheme Record Time is set for 6:00 p.m. on December 15, 2025, and shareholders on the register at that time will receive New Sintana Shares upon the Scheme becoming effective [2][4]. - The expected timetable for the acquisition remains unchanged from the announcement made on December 9, 2025 [3]. Group 2: Trading and Share Issuance - Trading in Challenger Shares on AIM will be suspended from 7:30 a.m. on December 16, 2025, with the last day for dealings being December 15, 2025 [4][5]. - Admission to trading of New Sintana Shares on the TSXV is expected to commence shortly after 8:00 a.m. on December 23, 2025 [5][6]. - Sintana will also apply for admission of the Sintana Shares to trading on AIM, expected to commence around December 23, 2025 [6]. Group 3: Shareholder Proposals - Participants in the Challenger Share Plan and holders of Challenger Warrants have opted to cancel their options or warrants in exchange for the issuance of 20,043,463 New Challenger Shares, which will be exchanged for New Sintana Shares [7][8]. - Following the admission of the New Challenger Shares, Challenger will have a total of 269,356,123 ordinary shares in issue [9].